House prices decline in seven of 11 major cities Toronto could see prolonged slowdown Vancouver price pressures may ‘fade out’ in coming months The impact of rising interest rates and Canada’s new mortgage rules took a toll on the country’s housing market in February, with prices falling in the vast majority of major cities. The…
Delegations from both sides of Yemen’s war have arrived in Sweden for peace talks, with the UN hoping the two can at least agree on a ceasefire for the strategic port city of Hodeidah to allow in desperately needed aid. A 12-member team from the Saudi-backed government headed by Foreign Minister Khaled al-Yamani left Riyadh early…
OTTAWA — American trade officials are showing newfound interest in a Canadian proposal for revamping NAFTA’s automotive provisions as the U.S. seeks to swiftly conclude renegotiations of the continental free trade pact. And that’s being taken in some quarters as a sign that the U.S. may realize it will have to settle for making only…
The government of Dubai has broken its silence on the case of its missing princess, saying she was safely back home and accused a former French spy of her kidnap. Sheikha Latifa, the daughter of Sheikh Mohammed bin Rashid al-Maktoum, Dubai’s ruler, tried to escape the country in March after complaining she was effectively being…
A French singer whose music video about the “yellow vest” anti-government protests went viral on social media has rejected accusations that her song is anti-Semitic. Marguerite, 28, performs the song while dancing with a group of women and children on a roundabout, most of whom are wearing high-visibility jackets. The lyrics express sympathy for the “yellow vests”,…
WASHINGTON — Donald Trump’s newest senior economic adviser is a big fan of trade with Canada: he’s pro-NAFTA, anti-tariff and doesn’t mince words while letting everyone know. The White House is confirming that Larry Kudlow has been named to the post, replacing Gary Cohn, who resigned last week. Trump had said he was seriously considering…
Bemused South Korean shoppers are rushing to buy novelty Kim Jong-un moisturising face masks ahead of a possible inaugural visit by the North Korean leader to the South’s capital, Seoul. Advertising for the “unification moisturising face masks” shows a picture of an impersonator of the young leader, laughing while wearing a white sheet over his facial…
(Reuters) — Rising interest rates along with strong job growth has led to more uninsured mortgages and longer tenure of car loans, putting a strain on the lending quality of Canadian banks, Moody’s Investor Service said in a report released on Tuesday. “Almost half of outstanding mortgages will have an interest rate reset within the…
In what may be a sign that American politics is undergoing a shift on the issue of gun control, a number of businesses are distancing themselves from the National Rifle Association. Car rental company Enterprise said this week it is ending a discount program for NRA members. Enterprise Holdings also operates the Alamo and National…
A Russian millionaire could have been poisoned, a coroner suggested on Wednesday, but police blunders meant he was unable to say for sure. Attempts to establish the truth about the death of Alexander Perepilichnyy, who had been blowing the whistle on alleged organised crime in Russia, were hampered by serious errors in the original police…