Interprovincial migration has been gaining ground in Canada since the pandemic began in 2020 as more people chase home affordability. Experts say it's important to plan moves carefully.
Here are five things to watch in Canadian business in 2024 as households and companies work through what is expected to be a challenging economic environment.
With the markets anticipating central banks will lower interest rates next year, some fixed mortgage rates are the lowest they have been in months. But with all the economic uncertainty, new buyers and homeowners who need to renew still face some hard decisions.
A report says the average asking price for a rental unit in Canada was $2,174 in November, relatively flat from the previous month but an 8.4 per cent increase year-over-year.
The annual pace of housing starts in Canada fell 22 per cent in November as work began on fewer multi-unit projects, Canada Mortgage and Housing Corp. said Friday.
The Bank of Canada ended the year with another interest rate hold as the economy slows and forecasters speculate on the timing of rate cuts in 2024.
A Desjardins report suggests short-term rentals likely contributed to the housing affordability crisis in Canada and around the world.
The experiences in Ontario's cities are echoed across Canada, as downtowns grapple with high vacancy rates, the post-pandemic work culture and the prospect that crowds of office workers may never return in full.
A new report from Royal LePage predicts the cost of homes near ski hills will not cool in 2024, but instead heat up across in many regions. Here's where.
A Toronto-based real estate company says it is planning to build 5,000 new rental units in urban centres across the country as a result of the federal government's decision to eliminate GST charges on rental developments.
The competitive rental market across the country is seeing multiple factors combine: high interest rates deter buyers and add to rental demand, still-high inflation is squeezing renter budgets, there's an undersupply of purpose-built rental units and population growth is fuelling demand.
Fake listings have emerged as a major problem for Airbnb, threatening to scare off consumers and prompting the short-term rental service to use AI in an effort to crack down on fraudsters.
Canadians are paying more for rental units than in the last 30 years as inflation continues to climb, Statistics Canada data shows.
Analysists say Prime Minister Justin Trudeau’s plan to removing GST from new rental construction is a step that could help increase Canada's housing supply, but it may not be the 'silver bullet' some are looking for on affordability.
The Liberal government is dusting off a measure it promised years ago and pulling in other parties' proposals for cheaper groceries and more homes as it struggles to tackle affordability concerns that are top-of-mind for many Canadians.
The Canadian rental market set a new record, according to a just-released report, with landlords asking 9.6 per cent more for new listings than they did at this time last year, resulting in an average rent of $2,117.
According to a new report from Rentals, In July, the Canadian rental market hit a record high with an average asking rent of $2,078, marking an 8.9 per cent annual increase.
Manitoba's police watchdog agency is looking into a fatal officer-involved shooting in Fort Richmond Sunday afternoon.
A woman who fell out of an Edmonton city bus Friday has died, police said in a media release issued Monday.
Thousands of people across Canada shrieked, shivered and smiled their way into a new year on Monday as they took part in the long-standing tradition of Jan. 1 polar bear dips.
From tougher bail rules to a new dental care plan, a range of new measures are taking effect across Canada in 2024, aiming to address human rights, public safety, health and other concerns.
No Canadians have been reported injured or missing following the 7.6-magnitude earthquake that struck the west coast of Japan's main island on Monday, according to Global Affairs Canada (GAC).
Sudbury police say a 60-year-old man from of the community of Hanmer has died after venturing onto the ice of Onwatin Lake.
Israel will defend itself before the United Nation's top court against charges that it has engaged in genocide of Palestinians in Gaza, officials said Tuesday, a rare engagement with the world body, which Israel often denounces as biased against it.
Prominent activist and publisher Jimmy Lai on Tuesday pleaded not guilty to three charges of sedition and collusion with foreign countries in a landmark national security trial in Hong Kong.
Ukraine's two largest cities came under attack from Russian hypersonic ballistic missiles on Tuesday morning, killing at least four people and injuring almost 100, officials said.
A series of powerful earthquakes that hit western Japan have left at least 55 people dead and damaged thousands of buildings, vehicles and boats. Officials warned Tuesday that more quakes could lie ahead.
Police specializing in missing people and cold cases have discovered the identity of a woman with no memory in one of the most unusual investigations the sheriff's office has pursued and one that could change state law.
Thailand and China will soon implement visa-free entry for each other's citizens, Thai Prime Minister Srettha Thavisin said Tuesday. Chinese nationals will be granted visa-free entry on a permanent basis beginning March 1, Srettha said after his Cabinet's weekly meeting.
With 75 countries and territories visited, a retired Canadian couple is making the most of life as they cruise full-time, from coast to coast. They're part of a growing trend of people opting to retire at sea.
Someone in Michigan has won an US$842.4 million Powerball jackpot on the first day of 2024, the first time it has been won on New Year's Day since the game's start in 1992. The winning numbers drawn were: 12, 21, 42, 44, 49 and red Powerball: 1.
With memories of the tar ponds receding, Sydney, N.S., is now trying to cultivate an upscale vibe — one that includes appealing to billionaires and their toys. It wants to become a destination for superyachts, the most expensive, luxurious boats in the world.
Jakub Stancl scored his second goal of the game with 11.7 seconds left in third period as Czechia survived a blown 2-0 lead to defeat Canada 3-2 and advance to the semifinals at the world junior hockey championship on Tuesday.
Novak Djokovic endured a wrist injury to lead Serbia into a United Cup mixed teams quarterfinal showdown against host Australia.
England great Wayne Rooney was fired as the manager of second-tier club Birmingham on Tuesday after 15 games. Rooney earned only two wins since his controversial appointment in October. Birmingham was sixth in the Championship when he started, and has fallen to 20th.
Canada's 100 highest-paid CEOs broke records with their compensation in 2022, according to the Canadian Centre for Policy Alternatives.
The Chronicle of Philanthropy's annual list of the biggest charitable donations from individuals or their foundations totalled more than $3.5 billion in 2023. Four universities received big gifts in 2023, along with four scientific research institutes and a health-care system. The other gifts went to a family foundation and a racial-justice group.
Tesla beat estimates for fourth-quarter deliveries on Tuesday after a push to hand over more Model 3 electric cars before some variants of the compact sedan lose federal tax credits in the New Year under the Inflation Reduction Act.
Electric pickup trucks are built to efficiently lug heavier weights such as towing or pulling a trailer, similar to gas-powered ones. The gas-guzzling stereotype carries over, too: EV pickup trucks need a big electrical charge.
Next year will see the introduction of some new, genuinely affordable electric vehicles as well as a couple of interesting options for the ultra-wealthy. We'll also see the return of some classic model names.
Honda Canada announced up to 297,836 vehicles have been affected by its latest recall due to a fuel pump defect potentially increasing the risks of engine failure or stalling while driving.
A former Los Angeles-area gang leader charged with killing hip-hop music icon Tupac Shakur in 1996 in Las Vegas plans to ask a judge on Tuesday to release him to house arrest ahead of the trial in June.
Hollywood closed out an up-and-down 2023 with 'Wonka' regaining No. 1 at the box office, strong sales for 'The Color Purple' and an overall US$9 billion in ticket sales that improved on 2022's grosses but fell about US$2 billion shy of pre-pandemic norms.
Gloria Knowlan never dreamt of boldly going where no one had gone before and was content to leave the journey to the 'Star Trek' actors she came to love, but 12 years after her death, her family has ensured the final frontier will be her ultimate resting place.
Extraordinary demand, and high prices, for powerful weight-loss drugs will keep them out of reach in the coming year for many patients who are likely to benefit.
Enfamil is recalling its Nutramigen A+ LGG Hypoallergenic Infant Formula over possible bacterial contamination with Cronobacter sakazakii.
A new study shows a low-cost plant-based drug may be more effective than nicotine replacement therapy for people trying to quit smoking.
For more than a year, Canada has been mulling the creation of a foreign agent registry to fight interference in the country's democratic processes. Some say it doesn't belong in the toolbox at all.
Looking ahead to 2024, the commander of the Canadian Joint Operations Command said he thinks the pressure will continue to mount, and Canadians are "overly comfortable" about their safety as the world changes.
Prime Minister Justin Trudeau spoke with Ukrainian President Volodymyr Zelenskyy over the phone on Monday, reassuring him that Canada will continue to support the fight against Russia's invasion.
An international team of researchers, including those from MIT and the University of Birmingham, have discovered a new way to determine whether exoplanets are habitable or potentially inhabited.
New Brunswick communities along the path of this spring’s total solar eclipse are already getting ready for the big day on Monday, April 8, 2024.
The U.S. military's X-37B space plane blasted off Thursday on another secretive mission that's expected to last at least a couple of years.
