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Toronto, Vancouver condo owners look to list over next 5 years: CMHC

A growing number of condo investors in Canada’s biggest housing markets are planning to list their units over the next five years, banking on the profits from rising prices to cash out.
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Federal Reserve Chair Janet Yellen said she still expects to raise interest rates this year if the economy meets her forecasts, with a gradual pace of tightening to follow.
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Canadian retail sales rise in March led by cars and food
Canadian retail sales rose 0.7 per cent in March, climbing for the second month in a row as consumers spent more on cars, food and alcohol, data from Statistics Canada showed on Friday.
Upgrades and Downgrades: Netflix, BHP Billiton, General Dynamics
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Canada’s April inflation slowest since 2013 on cheaper energy
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Joe Oliver: More tax cuts coming if Conservatives get re-elected
Federal Finance Minister Joe Oliver said his governing Conservatives will continue to cut taxes if they retain power in October’s federal election, even with levels at their lowest in generations.
Energy Watch: Rising price for oil sands crude as inventory plunges
“There is no incentive to store,” crude analyst says of Western Canadian Select. “The incentive is to ship to market.”
As Air Canada begins luggage crackdown, airline industry makes no apologies
As passengers become increasingly frustrated with the high costs of plane travel, some Canadian airlines are telling consumers more service fees are on the horizon.
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B.C. won't remove ‘No Oriental’ clause on thousands of properties
The B.C. government is under fire for failing to remove blatantly racist documents from the province's land title registry.
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Why deep-frying anything is getting more expensive
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High housing prices driving millennials out of Vancouver
The high living costs in Vancouver are driving millennials out of the city, which could trigger future labour shortages, according to a new report.
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Pattie Lovett-Reid: Rising household debt levels only tell half the story
CTV's chief financial commentator agrees with a new Fraser Institute report: You have to account for assets when you talk debt levels.
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After years of being warned that interest rates are on their way up, it seems Canadian homeowners are finally getting the message.
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Take it from a guy who’s tamed a few belt-sanders in his day: if you’re going to get your hands dirty make sure it pays off.
Build a work wardrobe from scratch without going broke
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Personal Investor: What the U.S. Fed is saying about your portfolio
U.S. Federal Reserve chair Janet Yellen may be a long way off in Washington, but she might be telling you it’s time to take some profits.
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Hidden Savings: 10 banks with the highest interest rates that you've probably never heard of
Branchless banks offer by far the highest-interest, with daily rates usually beating even 5-year GICs at the Big 5.
Growing number of seniors account for Ontario insolvency filings: study
Seniors have the highest level of outstanding debt among people filing for insolvency in Ontario – including the largest balance of unpaid payday loans.
Canadians support increasing CPP benefits, poll finds
Canadians strongly support the Conservative government’s move to raise the contribution limits for Tax Free Savings Accounts, but expanding the Canada Pension Plan would be an even more popular move.

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