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estate

B.C. developer, director fined $99K for causing ‘consumer harm’

by Anas Siddiqui
B.C. developer, director fined K for causing ‘consumer harm’

A Surrey, B.C.-based property developer and its director have been ordered to pay nearly $100,000 by the province’s real estate regulator for causing “consumer harm.” The B.C. Financial Services Authority …

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July home sales dipped on monthly basis, but up from a year ago, says CREA

by Anas Siddiqui
July home sales dipped on monthly basis, but up from a year ago, says CREA

Canadian home sales dipped by 0.7 per cent in July from the month before, the Canadian Real Estate Association said on Thursday. But monthly sales activity was 4.8 per cent higher than …

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The Bank of Canada’s growing list of worries

by Anas Siddiqui
The Bank of Canada’s growing list of worries

For months, the Bank of Canada has been trying to thread a needle: slow the economy just enough to get inflation back under control but not so much that it causes …

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New home construction rose while home sales came down in May

by Anas Siddiqui
New home construction rose while home sales came down in May

The annual rate of new home construction was up in May, while home sales were slightly down, according to data released separately on Monday by the Canada Mortgage and Housing …

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WeWork to exit bankruptcy after judge approves restructuring plan

by Anas Siddiqui
WeWork to exit bankruptcy after judge approves restructuring plan

A U.S. bankruptcy judge on Thursday approved WeWork’s Chapter 11 bankruptcy plan, allowing the shared office space provider to eliminate $4 billion in debt and hand the company’s equity over …

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Loblaws, Sobeys owners under investigation by Competition Bureau for alleged anti-competitive conduct

by Anas Siddiqui
Loblaws, Sobeys owners under investigation by Competition Bureau for alleged anti-competitive conduct

Canada’s Competition Bureau has launched investigations into the parent companies of grocery chains Loblaws and Sobeys for alleged anti-competitive conduct, court documents reveal, with Sobeys’ owner calling the inquiry “unlawful.” The …

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Loblaws, Sobeys owners under investigation by Competition Bureau for alleged anti-competitive conduct

by Anas Siddiqui
Loblaws, Sobeys owners under investigation by Competition Bureau for alleged anti-competitive conduct

Canada’s Competition Bureau has launched investigations into the parent companies of grocery chains Loblaws and Sobeys for alleged anti-competitive conduct, court documents reveal, with Sobeys’ owner calling the inquiry “unlawful.” …

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Elvis’s Graceland all shook up by allegations of fraud, talk of foreclosure

by Walter Watson
Elvis’s Graceland all shook up by allegations of fraud, talk of foreclosure

Elvis Presley’s estate Graceland is the subject of heated litigation, which could lay bare a complex web of financial information surrounding one of America’s best known cultural landmarks. An auction for Graceland …

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Home sales and new home construction both drop in April

by Anas Siddiqui
Home sales and new home construction both drop in April

The annual rate of housing starts in Canada fell slightly by one per cent compared with March 2024, while the number of residential home sales dropped in the same period of …

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U.S. lawmakers are taking aim at private equity in health care. Here’s what is happening in Canada

by Akin Smith
U.S. lawmakers are taking aim at private equity in health care. Here’s what is happening in Canada

In the U.S., the growing role of private equity firms in health care is coming under heightened scrutiny, with Senate committee hearings and a cross-government public inquiry launched earlier this …

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