The troubled District Northwest development in Surrey, British Columbia, has taken a significant step forward in its court-supervised sale process. The project's receiver has secured an $86 million "stalking horse" bid from BM Group, a construction firm based in Coquitlam. This bid sets a minimum price for the property, encouraging other potential buyers to submit higher offers.

As energy costs continue to rise, more Canadians are looking for ways to make their homes more energy-efficient. Not only does this help lower utility bills, but it also contributes to environmental sustainability. One of the most effective ways to improve the energy efficiency of your home is by investing in energy-efficient appliances. These appliances are designed to use less energy, which helps reduce your carbon footprint and saves you money in the long run. But, upgrading to energy-efficient appliances can sometimes be costly. Fortunately, the Canada Greener Homes Grant is here to help.

As energy costs continue to rise, more Canadians are looking for ways to make their homes more energy-efficient. Not only does this help lower utility bills, but it also contributes to environmental sustainability. One of the most effective ways to improve the energy efficiency of your home is by investing in energy-efficient appliances. These appliances are designed to use less energy, which helps reduce your carbon footprint and saves you money in the long run. But, upgrading to energy-efficient appliances can sometimes be costly. Fortunately, the Canada Greener Homes Grant is here to help.

New home sales in the Greater Toronto Area (GTA) have hit an all-time low for February, with only 400 transactions recorded last month. This marks a 50% drop compared to February 2024 and an 84% decline from the 10-year average of 2,570 sales for the month. Industry experts are expressing serious concerns about the future of the housing market in the region.

Toronto's housing market has officially entered a bear phase, marked by a significant drop in home sales and a surge in available listings. According to the Toronto Regional Real Estate Board (TRREB), March 2025 witnessed the slowest start to the spring market in over a decade. The benchmark price for a typical home fell by 0.5% to $1,068,500, representing a 3.8% decrease compared to the same month last year.

Flickering lights can be more than just a minor inconvenience. While many people assume that flickering lights are simply a sign of a lightbulb nearing the end of its life, the truth is that they could indicate more serious electrical problems. If you notice that your lights are flickering regularly, it’s important to identify the root cause of the issue before it leads to further complications. Ignoring flickering lights can lead to higher energy bills, a risk of fire, or damage to your electrical system. Understanding the potential causes of flickering lights and knowing when to call a electrician is key to maintaining a safe and efficient home or business environment.

China's recent decision to impose tariffs on Canadian goods is set to significantly impact Atlantic Canada and the Prairie provinces. This move comes in response to Canada's earlier tariffs on Chinese electric vehicles and metals. The Royal Bank of Canada (RBC) warns that these retaliatory tariffs will heavily affect specific sectors, particularly agriculture and seafood, which are vital to these regions' economies.

Vancouver's housing market is showing an unusual trend: home prices are increasing even though fewer homes are being sold. In March 2025, the average price for a typical home in Greater Vancouver went up by 0.5%, reaching $1,190,900. This is surprising because it happened during one of the slowest months for home sales in over 20 years.

Spring storms in Canada can bring unexpected weather, including heavy rains, strong winds, and even power outages. These storms may cause a significant strain on your home’s electrical system, which is why it’s important to prepare ahead of time. Ensuring your home’s electrical system is ready for the unpredictable nature of spring storms can help keep your home safe and reduce the risk of damage. In this article, we will explore the essential steps to take in order to prepare your home’s electrical system for spring storms, minimizing the chances of electrical failures and maximizing safety for your family.

Canada's job market is showing signs of weakness, raising concerns about the country's economic health. In March, the unemployment rate rose to 6.8%, the highest in nearly eight years, excluding the pandemic period. This increase occurred despite the addition of 50,500 jobs, as more people entered the workforce than there were jobs available.

Mortgage arrears in Canada have reached their highest level since 2021, signaling growing financial stress among homeowners. According to the Canadian Bankers Association (CBA), the rate of mortgages at least 90 days overdue rose to 0.22% in January 2025. This marks a 57% increase from the record low observed in mid-2022, highlighting a significant shift in borrowers' ability to meet their mortgage obligations.

Water conservation is becoming an increasingly important practice for homeowners across Canada. With rising concerns about water scarcity and environmental sustainability, it's essential to take steps to reduce water consumption at home. By making simple changes in daily routines and adopting water-efficient technologies, Canadian homeowners can contribute to preserving this valuable resource. Water conservation not only helps the environment but also reduces water bills, which can be a significant cost-saving advantage for families.

Central bankers often avoid using the term "stagflation" because it refers to a troubling economic situation where inflation is high, economic growth is slow, and unemployment is also high. This combination makes it very challenging for central banks to manage the economy effectively.

Mark Carney, leader of Canada's Liberal Party, has announced a bold plan to tackle the country's housing crisis by reviving a wartime-era homebuilding strategy. This approach, inspired by the post-World War II "Victory Houses" program, aims to accelerate the construction of affordable homes across the nation. Carney's proposal includes establishing a new federal agency, Build Canada Homes, which would oversee the development of nearly 500,000 new homes annually—double the current rate.

As the snow melts and temperatures rise, the arrival of spring marks an essential time for homeowners and contractors to prepare their properties for the busy construction season in Canada. The thawing ground can expose potential issues in plumbing systems that were hidden during the cold months. Plumbing problems are not only disruptive but can also be costly if left unattended. Preparing your plumbing system for the spring season is crucial to ensure smooth construction projects and prevent costly repairs later on. By taking a proactive approach, you can avoid the inconvenience and expense of plumbing emergencies during your construction work.

Montreal's rental market has experienced slight growth in early 2025, with the average rent reaching $1,677.95 between January and early March. This marks a modest 0.59% increase compared to the same period last year. The average apartment size during this time was approximately 732 square feet, indicating a continued trend of decreasing living spaces across the city.

The Hudson's Bay Company (HBC) has left an indelible mark on Canada's architectural landscape with its grand department stores. These buildings not only served as retail hubs but also as cultural landmarks, reflecting the evolution of Canadian cities. As HBC faces financial challenges, the future of these historic structures has become a topic of national interest.

As the winter season comes to an end, many Canadians experience the annual spring thaw, where melting snow and ice create an increase in water runoff. While this can signal the start of warmer weather, it also presents the risk of basement flooding. Homeowners across the country know that a basement flood can cause significant damage to the structure of a house and ruin valuable personal belongings. To avoid these costly issues, it is crucial to take preventative measures that protect your basement from water damage during the spring thaw.

In March 2025, Canadian consumer confidence plummeted to an unprecedented low, reflecting growing concerns over the nation's economic stability. The Conference Board of Canada's Consumer Confidence Index dropped 8.4 points to 44.2%, marking the lowest level since the index's inception. This decline follows a 12-point drop in February, indicating a troubling trend in consumer sentiment.

Canada's economy is showing signs of strain, with projections indicating a significant rise in unemployment in the coming months. The National Bank of Canada (NBF) forecasts that the unemployment rate could increase to between 7.0% and 7.5%, translating to an additional 90,000 to 190,000 unemployed individuals.

Winter in Canada can be particularly harsh, with freezing temperatures, heavy snowfalls, and ice storms that put significant stress on homes, especially the foundation. The freeze-thaw cycles common during the winter months can lead to cracks, shifting, and other forms of damage to your home’s foundation. When the snow melts and temperatures rise, the signs of these issues often become visible, signaling the need for immediate attention. Understanding these post-winter foundation issues and knowing how to address them will help prevent further damage and costly repairs.

Prime Minister Mark Carney has announced that the federal government will eliminate the Goods and Services Tax (GST) for first-time homebuyers purchasing homes priced at $1 million or less. This initiative aims to make homeownership more attainable for Canadians entering the housing market

Rockcliffe Park in Ottawa, known for its historic charm and traditional architecture, has recently been designated a national historic site by the Government of Canada. This neighborhood, characterized by its picturesque landscapes and heritage homes, has strict guidelines to preserve its unique character.

Canadian winters are well-known for being cold, and dealing with drafty rooms can make your home feel even chillier. Drafts occur when cold air sneaks in through gaps and cracks around windows, doors, and other openings in your home. These drafts not only make it uncomfortable but also cause your heating system to work harder, leading to higher energy bills. Fortunately, there are several easy and effective DIY solutions that can help seal up those drafts and keep your home warm and cozy all winter long.

Over the past decade, development charges in Toronto have surged dramatically, placing significant financial pressure on developers and, ultimately, homebuyers. In 2010, the fee for constructing a single-detached home was $12,910. By 2024, this charge had escalated to $141,139, marking a 993% increase.