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Source: Financialpost January 02, 2025

FP Outlook 2025: Real estate to be a 'mixed market'

Steve Saretsky: Keep an eye on immigration crackdownJohn Pasalis, president of Realosophy Realty Inc. and Steve Saretsky, realtor with Oakwyn Realty Ltd. talk to Financial Post’s Larysa Harapyn about how Canada’s real estate will be a “mixed market” in 2025....

Source: Financialpost January 01, 2025

B.C. ringing in new year with new rules, including 20% home-flipping tax

A new maximum annual allowable rent increase rate of 3% comes into effect WednesdayVICTORIA — A maximum 20-per-cent home-flipping tax is among a number of new regulations coming into effect in British Columbia starting Jan. 1. We apologize, but this video...

Source: Financialpost January 01, 2025

'We have no back road': Panic in Kootenay towns as B.C. ferry strike escalates

B.C. General Employees' Union workers have been on strike since Nov. 3, seeking wage increases, scheduling adjustments and extended benefits for auxiliary workersA sense of panic is growing in tiny southeast British Columbia communities around Kootenay Lake...

Source: Financialpost January 01, 2025

Softchoice to be acquired for US$1.8 billion, delist from TSX

Softchoice went public in May 2021 at $20 per shareSoftchoice Corp. will be acquired by U.S.-based World Wide Technology in an all-cash deal that is expected to de-list the cloud tech firm from the Toronto Stock Exchange a few years after its initial public...

Source: Financialpost January 01, 2025

The 5 worst new Canadian tax policies of 2024 and a wish for 2025

Moody: Happy New Year, Canada. Let’s get back to a more common-sense approach to taxation in 2025Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission from purchases made through links on...

Source: Financialpost January 01, 2025

Pandemic hangover: Half the restaurants in these two provinces are losing money or barely breaking even 

"Every person is feeling the economic crunch these days and when spending goes down, the first thing to cut out is food and beverages"Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission...

Source: Financialpost January 01, 2025

Joe Oliver: Where do Trudeau and the Liberals go from here?

Escape from Justin Trudeau's record will be hard. Beyond that the Liberals need to move to the centre, where most Canadians areNow that Prime Minister Justin Trudeau is a spent political force, the Liberal party will soon have fateful decisions to make about...

Source: Financialpost December 31, 2024

Canadians grow pessimistic about economy ahead of Trump's return

The confidence index has been sliding since Trump’s election on Nov. 5Canadians are less optimistic about the direction of their economy than they’ve been in more than a year, as Donald Trump’s tariff threats create uncertainty for one of the largest U.S. tr...

Source: Financialpost December 31, 2024

FP Outlook 2025: Oil prices could fall below US$50 next year

Watch Rory Johnston of Commodity Context on the factors and risks that will drive oil prices in 2025Rory Johnston of Commodity Context talks with Financial Post’s Larysa Harapyn about where he thinks oil prices are headed next year, the factors and risks tha...

Source: Financialpost December 31, 2024

Housing market poised for 2025 comeback as lower rates unleash pent-up demand

Economists and real estate agents believe activity is poised to remain strongAs the calendar flipped one year ago, Canadian real estate watchers were optimistic a sluggish 2023 would give way to a rebound, with hopes of renewed demand as soon as the spring....