Economy

What’s in store for Canada’s condo market

Understanding where housing is headed requires a look at the condo market

June 12, 2018

3 min read

CPPIB approached to be involved in Trans Mountain: CEO

The federal government’s financial adviser has raised the possibility of the Canada Pension Plan Investment Board becoming involved in the Trans Mountain pipeline project, but there’s been no political pressure applied, CPPIB chief executive Mark Machin told a parliamentary committee Monday. The Toronto-based fund manager and its peers will likely take a look at the […]

By David Paddon, The Canadian Press |June 12, 2018

3 min read

U.S. consumer prices up 0.2% in May, 2.8% annually

U.S. consumer prices rose 0.2% in May, with surging gasoline costs driving much of the increase. The Labor Department said Thursday that the consumer price index climbed 2.8% last month from a year earlier, putting inflation on its fastest annual pace since February 2012. But core prices—which exclude the volatile food and energy categories—have risen […]

By Staff, with files from The Associated Press |June 12, 2018

2 min read

Cities poised to lead in time of geopolitical uncertainty: study

Cities are poised to become trade and investment leaders by focusing on stakeholder networks, human capital and connective infrastructure, says a study by the World Trade Centers Association (WTCA). “Global Connections, Local Growth” polled WTCA members in more than 300 cities in almost 100 countries, said the WTCA in a release. The study found 71% […]

By Staff |June 12, 2018

1 min read