Month: May 2019

Canadian Cannabis Retailers Struggling With Shortage Of CBD Extract

VANCOUVER — Retailers across Canada are struggling with a shortage of all cannabis, but there’s one product they’re especially desperate to keep on shelves: cannabidiol or CBD, a non-intoxicating extract vaunted for its purported health benefits. The extract, most commonly sold as oil, has been promoted as a natural...

Canada’s Mortgage Stress Test 'Sidelined' 40,000 Homebuyers: TD Bank

If there is a single reason why Canada’s real estate industry has been complaining so loudly about the country’s mortgage “stress test,” new research from economists at TD Bank points straight to it. The test for uninsured mortgages, introduced in January of 2018, “sidelined” 40,000 potential home purchases in...

Canadian Firms Use Trade Deals To ‘Bully’ Countries On Environmental Policies: Report

Canadian corporations are using Canada’s network of trade and investment agreements to “bully” governments around the world into compromising environmental laws, a new study says. The study from the Canadian Centre for Policy Alternatives found the problem is concentrated in one particular industry — mining — and the governments...

Vancouver House Prices Fall By $7,000 A Month As Sales Hit Record Lows

If you own residential real estate in Greater Vancouver, it’s likely your property’s value is back to where it was in 2016 or 2017. The latest data from the Real Estate Board of Greater Vancouver, released Tuesday, shows no letup in the region’s housing correction, with sales down 29.1...

Chrystia Freeland Promotes Tax Hikes For The 1% To Avoid 'Crummy Society'

OTTAWA — Foreign Affairs Minister Chrystia Freeland promoted tax hikes for the rich as a way of helping a “hollowed-out” middle class Tuesday, but sidestepped questions on whether the country’s top one per cent will be asked to pay more in the Liberals’ upcoming platform. Freeland told an audience...