Rising prices for condominiums in the Greater Toronto Area are pushing rents higher and spurring development, a real estate consulting firm said Thursday. Toronto-based Urbanation said the average rental price for a condo in the first three months of 2016 in the Greater Toronto Area was up almost seven per cent when compared to […]
toronto business
Liberals stay put on stock options, small business taxes in budget 2016
OTTAWA—Canada’s high-tech sector won a major victory Tuesday as the Liberal government unexpectedly dropped plans that would have limited the use of stock options as an incentive to recruit and retain top talent. “I heard from many small business start-ups who use stock options as a legitimate tool to attract talent,” said federal Finance Minister […]
Softwood lumber at loggerheads again between Canada and U.S.A
Amid the glitz of Prime Minister Justin Trudeau’s state dinner at the White House this week, perhaps it’s unfashionable to remember these two great neighbours also have one of the largest and longest-running trade disputes in the world. A tiff over two-by-fours is less sexy than wondering whose spouse is wearing what. But the […]
Bank watch lists early warning sign of trouble for oil and gas industry
There are the early warning signs that a company may struggle to repay its debts: watch lists. In releasing their latest quarterly earnings, Royal Bank, CIBC and Scotiabank each added nine oil and gas firms to their loan watch lists, the latest sign of trouble in the oilpatch. The names of those companies are […]
Province of Ontario’s 9th straight deficit — and that red ink matters
The last time an Ontario finance minister balanced the budget, George W. Bush was still in the White House and the iPhone wasn’t yet available in Canada. It was the fiscal year 2007-08. Mats Sundin was still captain of the Maple Leafs, people were still renting DVDs from Blockbuster and Justin Bieber was still performing in talent shows […]
