Rogers, Shaw finalize agreement to sell Freedom Mobile in bid to win takeover approval

Rogers, Shaw finalize agreement to sell Freedom Mobile in bid to win takeover approval

A customer enters Freedom Mobile store in Toronto.Nathan Denette/The Canadian Press Rogers Communications Inc. RCI-BT and Shaw Communications Inc. SJR-BT finalized an agreement to sell Freedom Mobile Inc. to Videotron, a unit of Quebecor Inc., in a move the companies hope will win regulatory approval for Rogers’s takeover of Shaw. Rogers and Shaw said the … Read more

Canadian home prices could drop by 25 per cent by end of next year, report says

Canadian home prices could drop by 25 per cent by end of next year, report says

A home for sale in Toronto’s Annex neighborhood on July 18.Fred Lum/The Globe and Mail Canada’s average home price could drop by as much as 25 per cent from peak values ​​in February by the end of next year, with the Maritimes and most of Ontario shouldering greater declines owing to the sharp jump in … Read more

Ukraine’s Mennonite heartland gets help from Canada as refugees flee Russia’s attacks nearby

Ukraine’s Mennonite heartland gets help from Canada as refugees flee Russia’s attacks nearby

A Mennonite school in Mykolay-Pole, a village near the city of Zaporizhzhia, is now home to a canteen for refugees. Mennonites, an Anabaptist sect of Christianity, have a long history in this part of Ukraine.Photography by Anton Skyba/The Globe and Mail At around 6 am on March 31, Iryna Lypka had just finished cooking breakfast … Read more

Stephen Harper’s endorsement shows no boost for Pierre Poilievre, new poll suggests

Stephen Harper’s endorsement shows no boost for Pierre Poilievre, new poll suggests

Federal Conservative leadership candidate Pierre Poilievre holds a campaign rally in Toronto on April 30.Chris Young/The Canadian Press Stephen Harper’s endorsement of Pierre Poilievre for the Conservative Party leadership may have soured some voters on the Ottawa MP, a new poll suggests. The former Conservative prime minister recently said Mr. Poilievre is his preferred choice, … Read more

Your boss is burned out – but terrified to tell anyone. Business leaders are crumbling under the pandemic’s slow pace of work

Your boss is burned out – but terrified to tell anyone.  Business leaders are crumbling under the pandemic’s slow pace of work

Paula Allen in Toronto on Feb., 25, 2021.Christopher Katsarov/The Globe and Mail Two and a half years into the pandemic, business leaders can’t take it anymore. Far too often they are beyond their breaking points, so burned out they barely remember what a normal work life used to feel like – but they’re terrified to … Read more

In the fight over Nova Scotia’s shores, Owl’s Head’s protectors push against the rising tide of development

In the fight over Nova Scotia’s shores, Owl’s Head’s protectors push against the rising tide of development

Owls Head resident Beverley Isaacs walks on the shore of Owls Head Provincial Park.Meagan Hancock/the Globe and Mail Beverley Isaacs stands on the seaweed-slathered rocks, on the land she helped save from becoming a golf course, and breathes in the ocean air. Walking through an overgrown trail, she points out the nectar in a pitcher … Read more

Michele Romanow’s Clearco laying off a quarter of staff as financier battles tech slump

Michele Romanow’s Clearco laying off a quarter of staff as financier battles tech slump

Clearco CEO Michele Romanow speaks onstage during TechCrunch Disrupt San Francisco on October 2, 2019.STEVE JENNINGS/AFP/Getty Images Clearco is cutting a quarter of its staff and signaled it could retreat from several foreign markets as the e-commerce merchant financier became the second prominent Canadian technology company this week to admit it expanded too quickly in … Read more

Hong Kong activists in Canada, US and UK announce plans to form exile parliament

Hong Kong activists in Canada, US and UK announce plans to form exile parliament

Pro-democracy protesters are surrounded by police officers as they carry a banner against the chief executive election near a polling station in Hong Kong on May 8.Kin Cheung/The Associated Press A group of Hong Kong activists living in Canada, the United States and Britain say they will hold elections to a parliament-in-exile next year, aiming … Read more

You now need to make an extra $18,000 to pass the mortgage stress test

You now need to make an extra ,000 to pass the mortgage stress test

A home for sale in Toronto’s Annex neighborhood is photographed on July 18.Fred Lum/The Globe and Mail The housing market appears to have cooled in recent weeks, but that doesn’t mean it’s now more affordable to enter the market. In fact, owing to rising interest rates, the opposite is true. Within the past four months, … Read more

You need an income of over $220,000 to buy a home in Toronto and Vancouver, new data show

You need an income of over 0,000 to buy a home in Toronto and Vancouver, new data show

You’ll need to be making more than $220,000 to buy a home in Toronto and Vancouver with a 20 per cent down payment, according to new data from Ratehub.ca. Even though home prices have been going down in hot markets like Toronto and Vancouver, the income required to purchase a home in these markets still … Read more