Tesla will lay off more than 10 per cent of its global workforce, an internal memo seen by Reuters on Monday shows, as it grapples with falling sales and an
The Liberal government faces a slowing economy and an uphill battle in the polls as it prepares to table its 2024 federal budget on Tuesday. Global News spoke to Canada’s
Last month, the federal government proposed tying rent payments to credit scores, a new way to help Canadians build their credit. Meanwhile, cost-of-living pressures are impacting some people’s ability to
Peak inflation rates in 2022 cost Canadians a major chunk of their wages, according to a new Statistics Canada report. The report, released Friday, says the Consumer Price Index rose
The Liberal government’s plan to allow some first-time homebuyers to stretch their mortgage amortizations to 30 years will only improve affordability for a “sliver” of the housing market, according to
Canadian homes will be nearly 10 per cent more expensive at the end of 2024 than they were the year before, according to a new report. On Friday realty firm
Canada will need to build roughly 1.3 million more new homes than are currently projected to eliminate the gap between housing supply and demand, according to a new report by
For the majority of Canadians who don’t own property, the dream of homeownership is feeling elusive, a new CIBC report suggests. According to the report released on Thursday, 76 per
The federal government has announced a series of measures to make it easier for first-time buyers to break into the housing market with changes to the Home Buyers’ Plan and
An internal report from Canada’s financial crimes watchdog found that most banking and real estate companies it audited last year are not following the country’s anti-money laundering laws, sparking calls