The Bank of Canada cut its key policy rate for the second consecutive month, slicing away 25 basis points to achieve a 4.5% level. In announcing the rate cut, the central bank predicted Canadian GDP growth to increase in the second half of 2024 and into 2025, adding...
Royal Bank of Canada (RBC) (NYSE:RY) has launched a multi-million-dollar plan to retrofit its Canadian network of 1,200 branches, with the goal of eliminating 10,000 tons of onsite carbon emissions from its operational footprint. In the first phase of this endeavor,...
The influx of immigrants into British Columbia is exacerbating the province’s housing market challenges, according to “BC Check-Up: Live,” an annual report by the Chartered Professional Accountants of British Columbia (CPABC). According to the report, British Columbia...
Quebec recorded a total of 26,166 residential sales in the second quarter 2024, up 12% year-over-year, according to the Quebec Professional Association of Real Estate Brokers (QPAREB). This level of activity was higher than the average recorded for this time of year...
The city council of Fredericton, New Brunswick, has voted to sell a historically significant building valued at $475,000 to a private developer for $1,000. According to a CBC report, the sale of Lemont House to State Street Properties carries the condition that the...