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Canada's Q1 downtown office vacancy rate rises to 14.3%, 4th straight gain

Canada's Q1 downtown office vacancy rate rises to 14.3%, 4th straight gain

TORONTO — CBRE says Canada's downtown office vacancy rate increased for the fourth consecutive quarter to reach 14.3 per cent as more properties became available in Toronto, Vancouver and Montreal in recent months.
Industry optimism rising with production but producers still cautious

Industry optimism rising with production but producers still cautious

CALGARY — Predictions of the end of the oil industry during a global price war and the pandemic a year ago have proven false and the sector is rebounding to pre-COVID levels of production and pricing, says the head of the Canadian Association of Petr
Greenland election shows divide over rare-earth metals mine

Greenland election shows divide over rare-earth metals mine

HELSINKI — Greenland is holding an early parliamentary election Tuesday focused in part on whether the semi-autonomous Danish territory should allow international companies to mine the sparsely populated Arctic island's substantial deposits of rare-e
California plans to lift most pandemic restrictions June 15

California plans to lift most pandemic restrictions June 15

SAN FRANCISCO — California plans to lift most coronavirus restrictions on businesses and workplaces June 15, with officials saying enough people should be vaccinated by then to allow for life to almost get back to a pre-pandemic normal.
Ontario's restaurant industry calls on financial support from provincial government

Ontario's restaurant industry calls on financial support from provincial government

TORONTO — Ontario's restaurant industry is demanding the provincial government pick up a $100-million tab following the abrupt closure of indoor and outdoor dining last week.
IMF upgrades forecast for 2021 global growth to a record 6%

IMF upgrades forecast for 2021 global growth to a record 6%

WASHINGTON — The rollout of COVID-19 vaccines and vast sums of government aid will accelerate global economic growth to a record high this year in a powerful rebound from the pandemic recession, the International Monetary Fund says in its latest fore
Topps looks to go public in $1.3B deal with SPAC

Topps looks to go public in $1.3B deal with SPAC

Sports trading card company Topps is combining with a special purposes acquisition company in a deal valued at $1.3 billion and seeking a public listing. Topps Co. said Tuesday that it will join with Mudrick Capital Acquisition Corp.
US job openings in February reached highest rate on record

US job openings in February reached highest rate on record

WASHINGTON — The pace of job openings reached the highest level on record in February, a harbinger of healthy hiring and a hopeful sign for those looking for work.
Toronto home sales surge 97% in March, prices up as demand outstrips new listings

Toronto home sales surge 97% in March, prices up as demand outstrips new listings

TORONTO — The competition for Toronto homes remained intense in March as prices continued their steady rise and sales almost doubled from last year, the Toronto Regional Real Estate Board reported Tuesday.
'There’s literally no limit': NFTs could soon be used for cars, real estate: Experts

'There’s literally no limit': NFTs could soon be used for cars, real estate: Experts

The first time most Canadians heard the term "non-fungible tokens" was likely after a recent blockbuster Christies auction for a piece of digital art.