Capital investment in Canada's oil and gas industry + MORE Apr 7th

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Canada’s energy industry has calculated the drop in investment that it says the oil and gas sector has suffered over the past two years: The number comes to $50 billion, a 62 per cent drop since 2014.

Continue Reading On cbc.ca »

Redistribution of workforce promises bigger impact on housing marketsThere are no surprises in the real estate data that’s pouring in to the brokerage houses and real estate boards across the country. Home prices in Toronto and Vancouver continue to climb to dizzying heights, while cities in Alberta, and to a lesser extent places in Newfoundland and Saskatchewan began to feel the impact of lower housing demands.
“A glance at our national house price composite points to a very strong Canadian real estate market, yet the findings contain extreme regional disparities of the kind we haven’t seen in over a decade,” said Phil Soper, president and CEO of Royal LePage.
Soper is referring to the divergence between Canada’s two hottest markets and the resource-dependent provinces. For instance, the GTA has sustained its 8% year-over-year home price gains, while Vancouver has surpassed year-over-year price increases with a 21.6% increase. In contrast, Calgary’s prices followed the sales activity decline that started last year. As such the average price of a two-storey home dropped by 1%, while bungalows faired a bit better with average declines of only 0…

Continue Reading On moneysense.ca »

After losing out on a high-profile investment and enduring a dispute between its founders that led to a lawsuit and an out-of-court settlement, an Ottawa company is warning aspiring entrepreneurs to make sure their business plans are sound to avoid similar setbacks.

Continue Reading On cbc.ca »

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