Economy

Britain will have less than 18 months to negotiate exit: chief negotiator

Formal procedures at the start and the end of Brexit talks will cut into overall negotiation time.

By Staff, with files from The Associated Press |December 6, 2016

4 min read

Italy faces political, economic uncertainty after referendum

Italian voters dealt Premier Matteo Renzi a resounding rebuke by rejecting his proposed constitutional reforms, plunging Europe’s fourth-largest economy into political and economic uncertainty Monday. Read: Is eurozone in for a rough near-term ride? Renzi announced he would quit following Sunday’s referendum vote, in which 60% of voters rejected his proposals and signalled they wanted […]

By Staff, with files from The Canadian Press |December 5, 2016

4 min read

California dreamin’: Toronto’s Tricon buys U.S. retirement communities

Toronto-based Tricon Capital Group, an investor and asset manager focused on residential real estate, says it’s Tricon Lifestyle Communities venture has bought three manufactured-housing communities in California. Read: Pressure points for U.S. commercial real estate Two of the communities, Riverdale Estates and Palmdale Estates, are age-restricted properties. Retirees can buy a prefabricated home and install […]

By Staff |December 5, 2016

1 min read

Why more Canadians are making less than average wage

Canada has seen a steady decline in job quality over the last 20 years, says new report from CIBC.

By Staff |December 1, 2016

2 min read