Ontario looks at counting student residences toward aim of building 1.5 million homes
BNN Bloomberg
Ontario is considering counting student residences toward its target of building 1.5 million homes in 10 years, a move opposition parties criticized as a new attempt to inflate the numbers as the province is not on track to meet the goal otherwise.
Municipal Affairs and Housing Minister Paul Calandra wrote in a letter to Mississauga's acting mayor last month that the ministry is tracking housing starts as defined by the Canada Mortgage and Housing Corporation, in addition to counting long-term care beds, but it is also now looking at counting more types of units.
"We will continue to explore data sources for tracking the numbers of other institutional types of housing such as student residences and retirement homes for future program years and commit to engaging municipalities on the same," he wrote.
More student housing is desperately needed, opposition leaders said, but it shouldn't count toward the goal of building 1.5 million homes.
From rolled steel to kitchen cabinets, Canadian businesses hit by targeted U.S. tariffs are struggling to respond as the trade war drags into its second year.
Global benchmarks mostly rebounded Tuesday, in a mood of cautious relief after U.S. President Donald Trump said the United States has talked with Iran about a possible end to their war.
It’s that time of the year again, tax time, a time to file your annual return with the Canadian Revenue Agency.
Gold seen as overbought as Iran tensions ease, with falling oil prices lifting stocks and shifting investor sentiment toward risk assets.
Stock markets in Canada and the U.S. rallied after President Donald Trump said the United States has talked with Iran about a possible end to the war.
A cautious relief swept through financial markets Monday after President Donald Trump said the United States has talked with Iran about a possible end to their war.
A pipeline leak in Sarnia, Ont., has been located more than a week after a sheen reportedly turned up on the St. Clair River.
U.S. President Donald Trump on Monday said the U.S. was talking with a “respected” Iranian leader and claimed the Islamic Republic was eager for a deal to end the war. He also extended a deadline for Iran to reopen the crucial Strait of Hormuz or face attacks on its power plants, saying it has an additional five days.
Berkshire Hathaway, the conglomerate built by Warren Buffett, is buying a 2.49 per cent stake in Japanese insurer Tokio Marine Holdings for about US$1.8 billion as part of a new strategic partnership, deepening its financial commitment to Japan.
Relief is ripping through financial markets after U.S. President Donald Trump said the United States has talked with Iran about a possible end to their war, despite Iran’s denials.
Asset management giant BlackRock’s CEO Larry Fink urged clients to stay invested despite ongoing market volatility, and highlighted that artificial intelligence is reshaping investment strategies and the broader economy.
Jurors wade through daunting evidence in high-stakes Meta trial about social media risks to children
A stream of testimony and evidence has been presented in a New Mexico case exploring what Meta knew about the effects of its platforms on children.