Source Feed: CBC News - Ottawa
Publication Date: April 16, 2026 - 05:00
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Canadian Real Estate Association downgrades housing market forecast due to 'oil shock'
April 16, 2026
Canadian Real Estate Association has downgraded its housing market forecast following a jump in fixed mortgage rates and weaker than expected housing sales in the first three months of 2026. CREA had been forecasting higher sales, based on the idea that pent-up demand would emerge, especially from first-time buyers.
Unpublished Newswire
Prince Edward County authorities say a fuel spill near Main and Bowery streets in Picton has contaminated Marsh Creek. Cleanup crews and officials are investigating the cause.
May 6, 2026 - 11:53 | Prisha Dev | Global News - Canada
Prince Edward County authorities say a fuel spill near Main and Bowery streets in Picton has contaminated Marsh Creek. Cleanup crews and officials are investigating the cause.
May 6, 2026 - 11:53 | Prisha Dev | Global News - Ottawa
OTTAWA — Prime Minister Mark Carney admitted the auto sector in Canada is facing headwinds, after a report by a Japanese outlet confirmed Honda will be pulling out of a $15-billion electric vehicle plant in Ontario. “Obviously there’s challenges with the U.S. tariffs, unjustified tariffs in the auto sector,” said Carney, before a caucus meeting on Wednesday. “We continue to work with companies in the sector, helping them reposition, reinvest, supporting workers there, we’ll continue to do what’s necessary, including getting the right deal that’s in Canada’s interest,” he added. On...
May 6, 2026 - 11:36 | Jordan Gowling | National Post
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