Canada Mortgage and Housing Corp. After the agency implemented its tougher rules – which required a higher credit score and more income to qualify – CMHC lost business to two private mortgage insurers, Canada Guaranty Mortgage Insurance Co. CMHC’s market share fell to the mid-20s percentage range after the 2020 rule change and is now […]
No one wants to hear this, especially not someone sitting on a stock portfolio they had dreams of milking through retirement, but it must be said: The current market crash is necessary. It is hard to hear, because the pain is very real. By now it is clear to most Canadians that ultralow interest rates […]
The resistance of bitcoin’s peer-to-peer infrastructure to such outside control is not only its entire value proposition, it’s also a premise that has largely held true. That does not mean this environmental conversation is not worth having, of course. Electric cars also use a lot of electricity, and they are not only considered not harmful […]
Yet Central African Republic has internet penetration rates of just 11%, equal to some 550,000 people online last year, the DataReportal website estimates. Meanwhile only around 14% of people have access to electricity and less than half have a mobile phone connection, the Economist Intelligence Unit says. U.S. blockchain researcher Chainalysis, which tracks crypto usage, […]
In a strange reversal, some sellers’ agents then try to chase down the bidders a week or two later and woo them back to the table. One of Mr. Kutyan’s listings is a house in a popular neighbourhood but on a less desirable street. Demand is still outstripping supply significantly, Mr. Colling notes, and while […]
Grow, a wholly original show about a pair of Amish sisters who get mixed up in the legalized pot industry and its mirror black market, is the good stuff. When Skor learns of Ruth’s prowess with plants, he offers the sisters a place to stay – and entices them to work in his basement grow-op […]
In the world of bitcoin mining, access to cheap and reliable electricity is everything. While it has yet to widely catch on as a method of payment, it has seen its popularity as a speculative investment surge despite volatility that can cause its price to swing wildly. Computers connected to the bitcoin network race to […]
The house has been renovated within the past two or three years, he says, and it sits on a deep lot in a coveted school district. In the core 416, sales of condo units dropped 18.3 per cent in March from the same month last year. Ms. Davis is listing a two-bedroom, two-bathroom unit in […]
Based on a series of surveys, central bank researchers found that around 5 per cent of Canadians owned bitcoin between 2018 and 2020. The researchers found that bitcoin owners tend to have a greater knowledge of how bitcoin technology works than non-owners, but score lower on general financial knowledge questions. The surveys, conducted annually between […]
Mortgage rates had already spiked before the central bank raised its benchmark interest rate by 50 basis points to 1 per cent on Wednesday – its second increase in two months and its largest hike since the turn of the century. Toronto-Dominion Bank economist Rishi Sondhi said home prices in Toronto and other hot markets […]
The federal ministry already runs strategy tables in a number of industries, including manufacturing, clean technology, agri-food and tourism. However, in recent years cannabis companies have started working with outside firms to manufacture their products and packaging. To get around this, some producers found a workaround, taking back their products when they are nearly finished […]
Its top holdings include Tilray Brands Inc., Jazz Pharmaceuticals PLC, Innovative Industrial Properties and Canopy Growth Corp., with a roughly two-thirds U.S. “Otherwise, what you will end up seeing is about half the sector over the next three or four years either go bankrupt or get acquired. Horizons also offers two tactical funds, the BetaPro […]
I hopped into a cab, tossed my bags in my hotel room and headed straight for Time Out Market Lisbon. Opened in 2014, this gigantic food hall – packed with unique food and drink options as well as a fresh market and specialty food and wine shops – was the catalyst to the food hall […]
And then there are those who believe that a lot of the new housing that’s brought online targets investors who seek to maximize profit, turning housing into a game of real-life monopoly. In the past few years, big money investors, also known as institutional investors, have moved into the Lower Mainland to take direct advantage […]
From March 2020 to February 2021, sales totaled $2.5-billion, double the $1.25-billion of the previous 12 months. Some commentators later walked back their claims after it became clear there was no data to support them, but the narrative still persists. The number of licensed stores grew rapidly after Canada legalized recreational cannabis in October 2018. […]
Blair MacNeil, the Leamington, Ont. pot company’s president of Canadian operations, said Wednesday that in the company’s third quarter, its retail market share fell to 10.2 per cent from 12.8 per cent. That period saw many provinces and territories still facing increased measures meant to quell COVID-19, as well as stiff competition within the cannabis […]
The federal Liberal government announced its intention to create an investment tax credit for carbon-capture projects a year ago. Carbon capture, utilization and storage facilities force carbon-dioxide emissions deep into the ground to keep them out of the atmosphere. That included a new facility at Shell Canada Ltd.’s Scotford refinery complex, as well as partnerships […]
The push to get into these spaces comes more than three years after Canada legalized recreational cannabis. Now there are Tokyo Smoke stores across eight shopping centres, including the Eaton Centre in Toronto, the Rideau Centre in Ottawa and Devonshire Mall in Windsor. He’s been targeting large shopping areas with anchor tenants such as grocers, […]
