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CMHC ends first-time homebuyer incentive, a program critics say 'made no sense'
Canada's housing agency says it is ending the first-time homebuyer incentive program, which many had criticized as unhelpful. Canada Mortgage and Housing Corp.
Mar 1, 2024 1:58 PM
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Calgary home sales up almost 23 per cent in February, prices rising
CALGARY — The Calgary Real Estate Board (CREB) says February home sales were up nearly 23 per cent from last year as new listings rose. The board says sales totalled 2,135 units, while the volume of sales in dollars rose 41.3 per cent to $1.
Mar 1, 2024 1:46 PM
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Boeing is reportedly in talks to buy Spirit AeroSystems, its key supplier on the troubled 737 Max
DALLAS (AP) — Boeing is in talks to buy Spirit AeroSystems, which builds fuselages for Boeing 737 Max jetliners , including the one that suffered a door-panel blowout in January, according to a person knowledgeable about the discussions.
Mar 1, 2024 1:36 PM
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AtkinsRéalis to sell Linxon joint venture after beating earnings expectations
MONTREAL — AtkinsRéalis chief executive Ian Edwards announced the engineering firm is looking to sell its money-losing joint venture with Hitachi Energy after beating earnings expectations and notching a record services backlog last quarter.
Mar 1, 2024 11:01 AM
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MEG Energy promotes chief operating officer Darlene Gates to chief executive
CALGARY — MEG Energy Corp. is promoting Darlene Gates to the role of chief executive. The oilsands company says Gates, who is the company's chief operating officer, will take over the top job on May 1 when Derek Evans steps down from the role.
Mar 1, 2024 9:46 AM
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'Nobody needs an extra coat': Apparel sector braces for another year of no splurging
TORONTO — Despite an unseasonably warm winter, there's a chill across the Canadian retail landscape.
Mar 1, 2024 8:39 AM
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CWB Financial Group Q1 profit down from year ago, provisions for credit losses up
EDMONTON — CWB Financial Group reported its first-quarter profit fell compared with a year ago as its provision for credit losses rose. The Edmonton-based bank says it earned common shareholders' net income of $87.
Mar 1, 2024 7:39 AM
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Ontario regulator launches consumer tool to verify financial adviser credentials
TORONTO — Ontario's financial services regulator is making it easier for consumers to verify the credentials of financial advisers and financial planners.
Mar 1, 2024 3:00 AM
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'Measured choices': Health, education come out ahead in restrained Alberta budget
EDMONTON — Health care and education came out ahead Thursday in a generally restrained Alberta provincial budget forecasting a paper-thin surplus that could easily go up in smoke.
Feb 29, 2024 6:24 PM
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First US moon lander in half a century stops working a week after tipping over at touchdown
CAPE CANAVERAL, Fla. (AP) — The first U.S. spacecraft to land on the moon since the Apollo astronauts fell silent Thursday, a week after breaking a leg at touchdown and tipping over near the lunar south pole.
Feb 29, 2024 5:16 PM
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