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Red-hot Toronto condo sales up 94% from last year

The number of new condos that sold in the Toronto area during June came in 94 percent higher than the same month a year earlier, with 2,588 units finding buyers.

Posted on 7-23-2014 at 10:45 AM
Strong auto sales drive retail sales in May to new record

Strong auto sales drive retail sales in May to new record

Strong car sales helped push Canadian retail trade up by 0.7 percent in May to $41.98-billion, eclipsing April’s record sales, Statistics Canada reported on Wednesday.

Posted on 7-23-2014 at 9:13 AM
Alberta oil dominates an increasingly unbalanced Canadian economy

Alberta oil dominates an increasingly unbalanced Canadian economy

In Canada’s economy there’s Alberta, and there’s everywhere else.

Posted on 7-23-2014 at 8:23 AM

Alberta regulator says CNRL steam extraction caused bitumen leaks

Canadian Natural Resources Ltd.’s method of injecting large volumes of high-pressure steam in closely spaced wells was a “fundamental cause” of the long-running bitumen surface leaks that...

Posted on 7-23-2014 at 8:14 AM

BCE to take regional unit Bell Aliant private in $4B deal

BCE Inc., Canada’s largest telecommunications company and BNN's parent company, said it would take Bell Aliant Inc. private by buying the stake it does not already own in the company.

Posted on 7-23-2014 at 7:32 AM

Target Canada asks suppliers for cost break to share in its struggles

Target Canada is pushing its suppliers to give it a 2 percent cost break to help the U.S. discounter turn around its struggling Canadian operations and win an increasingly tough retail...

Posted on 7-23-2014 at 7:19 AM

Morning Markets: Europe edges up on earnings, risk aversion remains

European equities edged higher in early trade on Wednesday, extending gains from Tuesday after a batch of positive earnings and U.S. economic data briefly calmed worries over stretched...

Posted on 7-23-2014 at 6:57 AM

Andy Nasr’s outlook for Canadian REITs

Andy Nasr, Managing Director and Senior Portfolio Manager at Middlefield Group gives his outlook on the stock performance of the Canadian REIT sector after Monday’s REIT earnings. He also...

Posted on 7-23-2014 at 11:04 AM
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