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CMHC predicts home sales, prices to rebound in 2025, but tariff threat clouds outlook

CMHC predicts home sales, prices to rebound in 2025, but tariff threat clouds outlook

Canada Mortgage and Housing Corp. is forecasting a rebound in home sales and prices this year as homebuyers take advantage of improved borrowing conditions, but its outlook is clouded by the threat of widespread tariffs from the U.S.
France鈥檚 government survives a no-confidence vote and a budget is finally adopted

France鈥檚 government survives a no-confidence vote and a budget is finally adopted

PARIS (AP) 鈥 France鈥檚 government survived a no-confidence vote Wednesday in parliament, and the state budget for 2025 was finally adopted.
Trade surplus with U.S. widened in December but down overall in 2024: StatCan

Trade surplus with U.S. widened in December but down overall in 2024: StatCan

OTTAWA 鈥 Canada's trade surplus with the U.S. widened in December as overall exports rose thanks in part to higher energy prices, Statistics Canada said Wednesday.
Aliens, sloths and silliness: Super Bowl ads offer laughs, celebs and surprises to win over viewers

Aliens, sloths and silliness: Super Bowl ads offer laughs, celebs and surprises to win over viewers

NEW YORK (AP) 鈥 Eugene Levy's trademark eyebrows fly off for Little Caesars. A tongue dances to Shania Twain to promote Nestle's Coffee Mate Cold Foam. And Meg Ryan and Billy Crystal reunite at Katz's Deli in an ad for Hellmann's.
US Postal Service flip-flops on Hong Kong-China packages, lifting a ban imposed a day earlier

US Postal Service flip-flops on Hong Kong-China packages, lifting a ban imposed a day earlier

HONG KONG (AP) 鈥 The U.S. Postal Service is reversing course a day after placing a ban on all inbound mail and packages from China and Hong Kong.
Canada presses on with trade diversification strategy in face of Trump's threats

Canada presses on with trade diversification strategy in face of Trump's threats

OTTAWA 鈥 As U.S.
Ministers call on Washington lawmakers to scrap tariff threat completely

Ministers call on Washington lawmakers to scrap tariff threat completely

WASHINGTON 鈥 Key cabinet ministers returned to Washington Tuesday to keep pressing Canada's economic case as a month-long pause on Donald Trump's tariff threat has done little to ease Canada's concerns.
Box-office smash 'Moana 2' drives Disney profit in the first quarter

Box-office smash 'Moana 2' drives Disney profit in the first quarter

NEW YORK (AP) 鈥 Disney easily topped first-quarter expectations thanks in part to the box office success of 鈥淢oana 2.鈥
Scarcity behind the medals: Canada's national sport organizations running deficits

Scarcity behind the medals: Canada's national sport organizations running deficits

The winner of a complete set of medals and Canada's Olympic flag-bearer in Beijing's closing ceremonies is in debt.
'A madness in the air.' Trump's threats unleash patriotic wave among Canadians

'A madness in the air.' Trump's threats unleash patriotic wave among Canadians

FREDERICTON 鈥 McGill University undergrad Daniel Miksha made a significant decision over the weekend.
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