Home sales in Toronto and Vancouver, the country’s largest housing markets, fell by ~50% last month compared to the year before, while average selling prices fell by 9% to ~$1,050,000 and 3% to $1,114,000, respectively, in the same time frame.
As Canada ramps up efforts to meet its lofty decarbonization goals, the country’s oil sands are scrambling to keep up.
CES, the world’s biggest tech trade show, kicked off yesterday in sunny and sinful Las Vegas with tech companies big and small ready to show off new gizmos, gadgets, and gimmicks.
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Mountain Views ⛰️ — Alberta’s plan to save the view, SpaceX catches a rocket
Looking Up 🌌 — The northern lights economy is booming. TD hit with record money laundering penalty.
Breaking up 💻 — Regulators want Google to split. Couche-Tard bumps up its 7-Eleven bid.
Roaming over 📱 — Regulator cracks down on $16-a-day roaming fees. Algorithms are the new boss.
Island paradise 🏝️ — An affordable island home isn’t a pipe dream. U.S. Indigenous group claims rights to B.C. land.
Gimme shelter 🏠 — Toronto hospital’s radical housing experiment, Starbucks protects its coffee future.
Raising the roof ✈️ — Koho wants to become a real bank. VTOLs take off.
Presidential first 👩⚖️ — Mexico gets its first female president, Senators look for doctor shortage solution
Belly-up 🏢 — Canada’s biggest purpose-built concert venue, Businesses are dropping like flies.
Big tunnel 🛣️ — Ontario could be getting a giant traffic tunnel. Canada works to secure vaccine independence.
Basement ban 🌊 — Montréal has a basement problem, Qualcomm flirts with Intel takeover.
Wage gains 💵 — Border smuggles take to TikTok, Get ready for some wage gains.
Sporty and rich 🏒 — Rogers now owns men’s sports, VC investments lose their shine.
“Reasonable” AI 🤖 — OpenAI releases a better model, Lululemon threatened to leave.
“Reasonable” AI 🤖 — OpenAI releases a better model, Lululemon threatened to leave.
Slow build 🏡 — Canada continues China crackdown, Amazon gets into budget groceries.
Degree return 🎓 — Returns on some degrees is shrinking, Torontonians lose to fake taxis.
Suspicious cargo ✈️ — New rules on European cargo, Rexall has a new owner.
Table for one 🍴 — Restaurants react to solo dining, China goes after Canadian canola
Power hungry 💻 — Alberta wants to host Big Tech’s data centers .More than half of Fortune 500 companies say AI poses a risk to their business
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