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rent-costs

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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Apartment construction surged last year but demand still outpacing supply, says CMHC

by Anas Siddiqui
Apartment construction surged last year but demand still outpacing supply, says CMHC

A surge in new apartment construction drove housing start increases in some major Canadian cities last year, but demand continues to outweigh supply, according to a report released Wednesday by the …

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Overwhelmed by inflation, rising costs, more Quebecers need help to cover medical travel

by Akin Smith
Overwhelmed by inflation, rising costs, more Quebecers need help to cover medical travel

Every few months, Nicole St-Jean and her nine-year-old son, Vincent, fly to Quebec City from their home in Sept-Îles, Que., to see specialists for issues related to his severe gastric …

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Surge in newcomers putting pressure on inflation via housing demand: BoC official

by Anas Siddiqui
Surge in newcomers putting pressure on inflation via housing demand: BoC official

The recent surge in newcomers is adding to inflation through housing demand, a senior Bank of Canada official said Thursday, warning rental and home prices could continue to rise without …

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