Housing drop looming in Canada?

Canadian market seems to be tracking that of the U.S., with two-year lag, BMO Nesbitt economist says

Drivers begin parking their cars

Retail sales provide first solid evidence that Canadians are scaling back on gas as 'we reached a bit of a breaking point'

The house that IndyMac built

In the low-rate days of 2003, big pension and hedge funds were hungry for higher yields – and upstarts like IndyMac were only too eager to please. Their creations became time bombs that still threaten the financial system

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4.

Online petition protests Rogers iPhone plan

Site launched Friday now has more than 16,000 people complaining prices too high

5.

Canada's housing boom is over, bank says

TD economists say increases in house prices have cooled considerably, but flip side is that homes are becoming more affordable

6.

The danger zones of 2008

This week's TSX plunge was proof that the markets are enduring the most dangerous – and narrow – year since 1974. So far, the winners are a select breed of commodity-related stocks. The losers? Just about everything else

7.

Ottawa tightens mortgage rules to avoid 'bubble'

Finance Department says its aim is ‘to reduce the risk of a U.S.-style housing bubble developing in Canada'

8.

U.S. brand sets sights on Canada as HBC gets new owner

New York real estate magnate says he is committed to the Bay name but will import his tony Lord & Taylor brand

9.

Home prices slip for first time in nine years

Record number of houses are listed in first half of 2008 as sales slow down

10.

Undervalued loonie set to rise, economists say

Currency's appreciation 'a response waiting to happen' given high oil, likely delay in Fed rate hikes

11.

Wireless license sale sets stage for cheaper services

Wireless spectrum auction concludes with $4.25-billion of bids; two new entrants may take run at forming new national company

12.

Toronto market closes sharply lower

Lower oil price hits energy stocks on TSX; U.S. shares also end lower after afternoon turnaround attempt fizzles

13.

Bombardier baffled by derailed streetcar contract

Toronto Transit Commission reopens bidding for $1.25-billion contract following failed test

14.

Stagflation shakes economists' outlook

‘This is a pressure cooker running over the boiling point,' BMO's Sherry Cooper says

15.

Meet Canada's first iPhone buyer

Halifax casino employee stood in line for almost six hours to buy the device