After the Greater Toronto Area’s record year in 2015 for both the number of homes sold and the average price, the question is: when will it all come crashing down? The answer: not in 2016. Here are five reasons why this won’t be the year of Toronto’s housing collapse. 1. Supply and demand It’s the simplest rule […]
2016 Toronto food trends – from “the new quinoa” to sriracha’s cousin
Without a crystal ball at the kitchen table, predicting what foodies will be clamouring for in the future is never a simple task. The Star has boiled down the buffet of food trend forecasts to declare these eight ingredients the ones to eat in 2016. Pull out your grocery app and get ahead of […]
Economists at Canada’s big banks predict bad Canadian economy in 2016
Canada is headed for a rocky year in 2016 as low oil prices continue to drag on economic performance, the chief economists of some of Canada’s biggest banks said Tuesday. Bank of Montreal chief economist Douglas Porter told a morning gathering of leading economists that it’s going to be a “very close call” whether […]
Calgary mansion owners get break on tax bills as high-end property values plunge
If you own a mansion in Calgary, there’s good news and bad news today. The good news is you’re likely getting a break on your property taxes. The bad news is that’s because the value of your home likely dropped a lot faster than everyone else’s. More Calgary News | Oilpatch downturn takes toll on Calgary companies […]
Canada sets record for new vehicle sales in 2015
A prominent auto industry analyst says preliminary figures show Canada saw another record year in 2015 for the number of new vehicles sold to consumers. Dennis DesRosiers said 1.898 million new vehicles were sold in Canada in 2015, which he said marked the third consecutive year the country saw a new record set. “All the stars […]
