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Headlines

Thursday, May 28 2026

Dozens of Pre-Sale Purchasers in Troubled Lower Mainland Condo Tower Claim Contracts Invalid

More than three dozen Eclipse condo building pre-sale purchasers asking a B.C. Supreme Court judge to declare their contracts unenforceable for alleged breaches of B.C.'s Real Estate Development Marketing Act (REDMA) by insolvent…

Thursday, May 28 2026

Canada Factory Sales Jump an Estimated 4.6% in April

Factory activity in Canada rose strongly last month, with an early estimate pointing to a further advance in sales on the back of a surge in oil prices, the Wall Street Journal reported. Manufacturing shipments increased an…

Thursday, May 28 2026

Canadian Bank Profits to Grow, But Face Rising Insolvencies and Weak Housing Market

Profits at Canada’s largest banks are expected to have increased despite trade tensions, the Middle East conflict and broader economic uncertainty, but now face tougher tests as more consumers struggle to pay debts and a subdued…