BoC’s Gravelle says “perfect storm” fueling inflation, but key differences from ’70s
MONTREAL – Inflation is at a multi-decade high, but the situation is different than the 1970s when high inflation was combined with high levels of joblessness and slow or recessionary economic growth, a senior Bank of Canada official said Thursday. In […]
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RioCan REIT sees demand for retail space soar as it reports first quarter profit
TORONTO – RioCan Real Estate Investment Trust is seeing strong demand for retail space, even as companies work to recover from the effects of COVID-19 and cope with rising inflation. Jonathan Gitlin, the real estate […]
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Municipal tax rate twice the inflation rate as city delivers its latest budget
THE NELSON DAILY Inflation and wage cost pressure have left the city with no choice but to raise municipal taxes by twice the average annual amount. The city will be bumping its annual taxation figure […]
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Ontario NDP, Tories promise to boost housing supply through differing measures
Ontario’s New Democrats and Progressive Conservatives are both promising to build 1.5 million homes in 10 years, with housing affordability becoming one of the main election issues in a province grappling with a dearth of […]
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ICI Carpenters announce province wide strike
Carpenter’s District Council of Ontario, United Brotherhood of Carpenters and Joiners of America (the “Carpenters”) announced that a province-wide strike of carpenters in the industrial, commercial and institutional (ICI) sector in the construction industry is […]
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