A housing 'drought' is coming, Toronto homebuilders warn — as only 118 new condos sell in August

Toronto’s homebuilders’ association is warning of a looming housing “drought” as sales of new homes remained stagnant last month — especially condos, with only 118 units selling regionwide.The monthly data, compiled by Altus

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George Weston reports $258 million Q2 profit, announces stock split

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TORONTO - George Weston Ltd. says its second-quarter profit available to common shareholders amounted to $258 million, down from $400

S&P/TSX composite index makes gains while U.S. markets dip

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TORONTO - Canada’s main stock index was making gains in late-morning trading Tuesday while U.S. markets were dipping lower.The S&P/TSX

Air Canada reports second-quarter earnings down in 'challenging environment'

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MONTREAL - Air Canada says second-quarter earnings were down from last year in what it characterized as a “challenging environment.”Challenges

The Beer Store to close 11 more locations across Ontario this fall

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The Beer Store will close 11 more locations across Ontario on Sept. 28.The province’s largest beer retailer on Monday announced

Air Canada reports Q2 earnings of $186 million in "challenging environment"

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MONTREAL - Air Canada says it had a net income of $186 million in the second quarter, down from $410

Free trade carveouts key in potential deal between U.S. and Canada: business groups

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Business leaders and academics say they hope to see Canada and the U.S. maintain free trade protections for most goods

Economists expect Bank of Canada to hold the line on interest rates Wednesday with possible cuts in the fall

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With inflation holding firm and the deadline for trade deals approaching, most economists expect the Bank of Canada will leave

How the US-EU trade deal wards off more escalation but will raise prices and slow growth

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FRANKFURT, Germany (AP) — U.S. President Donald Trump and European Commission President Ursula von der Leyen have announced a sweeping

Tariffs threaten Asian beauty product boom in US

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NEW YORK (AP) — When Amrita Bhasin, 24, learned that products from South Korea might be subject to a new