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Equifax report says 1.4M consumers missed a credit payment in Q1

Equifax report says 1.4M consumers missed a credit payment in Q1

There's a deepening divide between consumers in the face of economic uncertainty as those missing payments rose compared with a year ago, a new Equifax report shows.
Canadian luxury real estate 'holding up' despite spring chill for housing market

Canadian luxury real estate 'holding up' despite spring chill for housing market

Tale of two markets in Canada, with some buyers more sensitive to affordability than others
Canada needs to boost productivity and housing affordability: OECD report

Canada needs to boost productivity and housing affordability: OECD report

OTTAWA — A new report by the OECD says Canada needs to boost productivity and housing affordability to strengthen growth as it faces trade uncertainty and U.S. tariffs that are taking a bite out of the economic outlook.
Reducing internal trade barriers tops priorities for businesses: KPMG poll

Reducing internal trade barriers tops priorities for businesses: KPMG poll

TORONTO — A new report says nearly two-thirds Canadian businesses want the government to work to reduce the barriers to internal trade in an effort to improve productivity.
Canada Post, union expected to resume talks in a few days as overtime ban continues

Canada Post, union expected to resume talks in a few days as overtime ban continues

The Canadian Union of Postal Workers has yet to offer a formal response to the proposals, but its request for a two-week "truce" to consider the deal was rejected by the employer.
Conservatives will 'cooperate' with Liberals to end U.S. trade dispute: Poilievre

Conservatives will 'cooperate' with Liberals to end U.S. trade dispute: Poilievre

OTTAWA — Conservative Leader Pierre Poilievre said he's willing to work with the Liberals in Parliament on efforts to resolve the trade war with the United States.
Hudson's Bay reaches deal to sell up to 28 leases to B.C. mall owner

Hudson's Bay reaches deal to sell up to 28 leases to B.C. mall owner

TORONTO — Hudson's Bay plans to sell up to 28 of its store leases to a B.C. mall owner who wants to launch "a new modern department store.
New federal energy minister tells oil and gas execs it's time for some quick wins

New federal energy minister tells oil and gas execs it's time for some quick wins

CALGARY — Canada's new energy minister walked into the lion's den Friday and spoke to oil and gas executives in Calgary about Ottawa's plans to turn the country into an energy superpower.
Gregor Robertson takes the housing hot seat with high hopes and old baggage

Gregor Robertson takes the housing hot seat with high hopes and old baggage

As Ottawa rolls out its Build Canada Homes agenda, some see promise in the new housing minister's experience
Ottawa has to allow home prices to fall to make housing more affordable, experts say

Ottawa has to allow home prices to fall to make housing more affordable, experts say

"It's simply not possible to restore broad-based affordability to the middle class without prices going down," says Mike Moffatt, founding director of the Missing Middle Institute.