At the same time the cost of living is creeping ever higher, so too are the number of insolvency filings from Canadian consumers. Data released by the Office of the Superintendent of Bankruptcy Canada shows that the number of Canadians filing for personal bankruptcy may be returning to pre-pandemic levels. During the height of the … Read more
A GTA intensive-care unit has been forced to temporarily close and relocate patients, as the Ontario health-care system struggles with staff shortages and fallout from the pandemic. Lakeridge Health, which has multiple hospital locations east of Toronto, said in a statement Thursday that the ICU at Bowmanville Hospital is closing and is relocating critical-care services … Read more
A century home in Durand was listed for $1,999,000 in late May. Two weeks later, it was delisted — only to appear weeks later for the price of $1,894,999. A painted brick home in St. Clair was listed for $719,900 in early June. Three weeks later, it was delisted — and later re-listed for $674,900. … Read more
Photo illustration/SOURCE: iStock Paycheque Project is a non-judgmental look at how young adults in Canada are spending their money. If you would like to participate, send us an e-mail. Name, age: William, 32 Annual income: $81,000 Debt: $185,000 mortgage Savings: $12,000 in savings account; $7,000 in tax-free savings account; $6,000 in investments What he does: … Read more
A single family home for sale in Vancouver on July 6.JENNIFER GAUTHIER/The Globe and Mail Canada’s housing market slowed for the third straight month in June, with home prices cratering – the largest monthly decline on record – as borrowing costs soar and buyers struggle to qualify for a mortgage. The national home price index, … Read more
Ontario NDP Leader Andrea Horwath arrives at her local polling station in Hamilton, Ont., on June 2.Eduardo Lima/The Canadian Press Andrea Horwath stepped down as head of the Ontario NDP, with the party set to lose a number of seats in the provincial election Thursday. The left-leaning party retained its Official Opposition status in the … Read more
More family-doctor jobs for new medical school grads have gone unfilled than ever before in this year’s initial round of hiring, new data shows. The numbers indicate that fewer graduates are choosing family medicine as a discipline, despite family-doctor shortages across the country. It’s a situation that’s causing the College of Family Physicians Canada to … Read more
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