Top Business Headlines
 

May 19, 2019

 
 
Top news
 
Ottawa’s housing market heats up, defying national chill
  Ottawa’s housing market heats up, defying national chill
 

Janet McFarland

 
Real Estate Reporter
Cuckoo Kochar never had problems forecasting sales for his company’s new housing projects in the Ottawa region. Growth was so predictably steady, he says, that it was easy to roll out new developments and know almost exactly how sales would go.

 
But that has changed since 2017, when the home market in the region started to take off. The founder of DCR/Phoenix Group says he and two partners launched the first phase of their new Pathways at Findlay Creek complex in September, 2018, and were stunned to sell out all of the townhouse units in the first day.

 


 
 
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Editor's picks
 
Fears of credit crunch fail to materialize after orphan-well cleanup ruling
  Fears of credit crunch fail to materialize after orphan-well cleanup ruling
 

Jeffrey Jones

 
Mergers and Acquisitions Reporter
 
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AltaGas to open B.C. terminal for exporting propane to Asia
  AltaGas to open B.C. terminal for exporting propane to Asia
 

Brent Jang

 
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Smart-glasses company North raises $40-million in new financing
  Smart-glasses company North raises $40-million in new financing
 

Josh O’Kane

 
Technology Reporter
 
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Latest posted news
 
Interprovincial trade barriers are choking Canada’s burgeoning wine, beer and spirits industry: it’s time for ministers to act
 
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  Alberta needs a provincial sales tax more than ever
 
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Women deserve fair workplaces
 
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Michael Babad's Business Briefing
 
  Why so many Canadians could be in so much trouble in an economic shock (notably in B.C., Ontario)
 

Michael Babad

 
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Opinion
 
  Alberta needs a provincial sales tax more than ever
 

Barrie McKenna

 
Economics Reporter
Albertans were not amused when then premier Jim Prentice famously suggested they “look in the mirror” for the source of the province’s budget woes.

 
“All of us have had the best of everything and haven’t had to pay for what it costs,” the late Mr. Prentice bluntly warned just days before losing the 2015 provincial election to Rachel Notley and the NDP.

 
New Premier Jason Kenney looked in the mirror last week and decided what Alberta really needs is a big corporate tax cut. His United Conservative Party government plans to slash the rate to 8 per cent from 12 per cent over four years as a way to spur business investment.

 
 
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Energy and resources
 
Environmentalists say Alberta $30-million ‘war room’ threat won’t distract them
 
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financial services
 
  Brookfield CEO wants Oaktree veteran Howard Marks to ‘keep doing what he does’
 
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Inside the Market
 
  Why technology stocks are at risk for an even bigger tumble
 
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Economy
 
Canadian dollar recovers from three-week low on reported steel and aluminum tariff deal
 
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Technology, telecom and media
 
Google suspends some business with Huawei after Trump blacklist, source says
 
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International business
 
  Deutsche Bank staff recommended Trump and Kushner transactions be reported to financial-crimes watchdog
 
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Small business
 
  Ontario government cuts funding for small-business programs
 
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Careers
 
  I want to be a copy editor ... what will my salary be?
 
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In case you missed it
 
Lights are dimming at the trillion-dollar private-equity party
  Lights are dimming at the trillion-dollar private-equity party
 

Eric Reguly

 
European bureau chief
 
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