Calgary's 21-Year Infrastructure Failure: A Cultural Problem
The Calgary water main rupture is a symptom of a decades-long 'delay and defend' culture prioritizing low taxes over long-term resilience. Real accountability requires systemic change.
Category : Search result: asset renewal
New Chinatown Revitalization Funding Opens in Edmonton
The City of Edmonton is now accepting applications for its latest Chinatown revitalization grants. Learn how community projects can secure funding to enhance the historic district.
CI Global to Manage Invesco Canada Mutual, ETF Funds
Invesco Ltd. signs deal for CI Global Asset Management to become manager of its Canadian retail mutual and exchange-traded funds family, effective 2026. Key shift in asset management landscape.
U.S. Takes $150M Stake in Critical Mineral Firm ATALCO
The Trump administration invests $150 million to establish the U.S.'s only large-scale gallium producer, aiming to reduce reliance on China for critical minerals used in defence and tech.
2026 Mortgage Predictions: Variable Rates Gain Popularity
Ratehub.ca expert Penelope Graham forecasts a shift to variable-rate mortgages in 2026, but warns many renewing homeowners will still face higher payments. Get the full analysis.
Convicted Fraudster Ordered to Hand Over Porsche, Millions
A convicted Minnesota welfare fraudster has been ordered by the court to surrender millions in assets, including a Porsche and luxury goods. Read the full details of the case and forfeiture.
20% Mortgage Hike Looms for Montreal Homeowners in 2026
A significant mortgage payment increase of up to 20% is predicted for 2026, particularly impacting those who purchased homes during the pandemic. Learn the details and potential financial consequences.
B.C.'s New Anti-Money Laundering Law Survives Court Test
A B.C. Supreme Court judge upholds the province's new unexplained wealth order law in its first constitutional challenge, a key tool in fighting financial crime. Read the details.
Canadian Mortgage Holdouts Pay Price as Rates Drift Higher
Canadian homeowners who waited for lower mortgage rates are now facing higher payments as fixed rates drift into the 4% range. Experts warn that timing is crucial ahead of a major renewal wave by 2026.
Canada Eyes Heavy Stablecoin Regulation with Million-Dollar Fines
The Canadian government is moving to regulate stablecoins, proposing fines up to $1 million for violations. Expert analysis highlights the 2026 crypto landscape and Ottawa's aims for financial security.
Mortgage Outlook 2026: Renewals, Rates, and Refinancing
Expert Robert McLister forecasts the 2026 mortgage landscape: flat rates, record renewals, and tougher refinancing in hard-hit regions. Key insights for Canadian borrowers.
UK Pension Funds Eye Stake in Brookfield's Center Parcs
Major UK public pension funds, including Greater Manchester, are negotiating to buy a significant stake in holiday park operator Center Parcs, owned by Canada's Brookfield. The deal values the chain at £4.5 billion.
2026 Financial Forecast: AI Bubble Risk and Market Outlook
Financial Post experts analyze key 2026 risks: AI investment bubble, soaring oil prices, and mortgage renewals. David Rosenberg warns of a classic bubble. Read the full Canadian market outlook.
Carney's Failed Trade Negotiations with Trump Top 2025 News
Prime Minister Mark Carney entered office promising to negotiate with Donald Trump. As 2025 ends, no U.S. trade deal exists, leaving Canada's economy in limbo. Read the analysis.
BP sells majority stake in Castrol for US$6 billion
BP Plc agrees to sell a 65% stake in its Castrol lubricants division to Stonepeak Partners for US$6 billion. The deal marks a key step in the energy giant's strategy to reduce debt and reset its business after a turbulent year.
Sinking Property Values Raise Red Flags for Mortgage Holders
Robert McLister warns that declining real estate prices may restrict renewal and refinancing options for many Canadians in the coming years, especially those who bought near the peak.
Canadian Mortgage Trends Reverse: 5-Year Rates Surge 21%
New data reveals a major shift in Canadian mortgage preferences. Interest in five-year terms jumps 21% while investment property quotes crash to just 2%. Explore what this means for buyers and homeowners.
Borrowers Gain Leverage in 2026 Mortgage Renewal Wave
A major wave of mortgage renewals in 2026 will shift power to Canadian borrowers. Experts predict lenders will offer better rates and perks to retain clients. Learn what this means for your renewal strategy.
Kraft Heinz CEO Hire Points to Major Asset Sales, Split
Kraft Heinz appoints Steve Cahillane, architect of Kellogg's breakup, as new CEO. Analysts see move as prelude to major asset sales and corporate split. Get the full story.
Fengate names Alexander Glassman U.S. Real Estate MD
Fengate Asset Management strengthens its U.S. push with the appointment of Alexander Glassman as Managing Director, Real Estate, U.S. Investments, based in Miami.
Ritchie residents split on major road renewal plans
Edmonton presents three design options for rebuilding 76 Avenue in Ritchie, featuring bike lanes and traffic calming. Long-time residents and business owners voice concerns over parking and community impact.
Windsor Opens New City Hall Square Skating Rink
Hundreds celebrated the grand opening of Windsor's new outdoor ice rink at City Hall Square, a multimillion-dollar community hub for winter skating and summer gatherings. Discover the details.
Geotab Expands Sourcewell Contract for Public Sector
Geotab broadens its Sourcewell and Canoe Procurement contracts, adding video telematics, asset tracking, and data analytics to help Canadian public agencies optimize fleets and infrastructure.
Crypto tax crackdown yields millions, no charges
Canada's CRA has recovered millions in unpaid crypto taxes, yet no criminal charges have been laid. Experts question the enforcement strategy's effectiveness as a deterrent.
Oil Could Be Next TSX Driver After Gold's 2025 Surge
National Bank strategists predict Canada's energy sector, no longer seen as a 'stranded asset,' could power the TSX next year following a federal policy shift, while gold fueled 2025's record run.
B.C. Moves to Seize 3 More Hells Angels Clubhouses
British Columbia's government is pursuing the civil forfeiture of three Hells Angels clubhouses as part of a crackdown on organized crime. Learn about the legal strategy and its implications.
Brookfield to Cease Operating Peru Toll Roads Wednesday
Brookfield Asset Management will stop operating key Lima highways after courts suspended toll collection. The city of Lima is set to take over, ending a major Latin American infrastructure dispute.
Laurentian Bank sells $1.9B portfolio in strategic split
Laurentian Bank CEO Éric Provost details the strategic $1.9 billion asset sale to National Bank and Fairstone Bank, marking a significant shift for the Canadian financial institution. Learn the details and implications.
Dewdney Avenue Reopens, Wrapping Regina's 2025 Construction
Regina's 2025 construction season ends with the reopening of the revitalized Dewdney Avenue Corridor, a $33.6M project. Mayor Chad Bachynski hails the investment in core infrastructure and the Warehouse District.
Regina updates abandoned property demolition plans
Regina city executive receives progress update on demolishing abandoned properties while reaffirming commitment to urban infill development strategies. Learn about the city's revitalization plans.
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