Anita Balakrishnan
The Canadian Press
Latest from Anita Balakrishnan
Pandemic drives Toronto's apartment vacancy rate to record high, report says
A new report says the pandemic drove Toronto's rental apartment vacancy rate to a record high in the fourth quarter of last year.
Canada -Toronto |
Vancouver home sales set new record for December after surging 53.4%
The Real Estate Board of Greater Vancouver says home sales were up 53.4 per cent in the final month of 2020 compared with December 2019, hitting a new record for the month.
Canada -British Columbia |
After 'Not Amazon' buoys local retail, restaurants unite in hope of New Year's boost
As the COVID-19 pandemic limits New Year's Eve festivities, restaurants are banding together online in hopes that a "shop local" mentality can save the once-lucrative holiday for eateries.
Canada -Toronto |
Pandemic-induced demand for more space pushing up cottage prices, real estate firm says
Cottage country home prices are increasing as Canadian buyers looking for more space during the pandemic aim to move there full-time, according to a report released Monday by Royal LePage.
Business |
Air Transat lays off half of its remaining flight attendants, closes Vancouver base
The Canadian Union of Public Employees says 128 Air Transat flight attendants — more than half of the current workforce of attendants — were notified last week that they will be temporarily laid off and that the airline's Vancouver base will be closed as a stop-gap measure.
Business |
Home prices across Canada could fall almost 7% in 2021, report predicts
A new report predicts home prices across Canada will drop in 2021, as high unemployment and lower incomes due to the COVID-19 pandemic keep buyers from returning to the market.
Canada -British Columbia |
New home construction picked up the pace in August as builders started up again
Builders broke ground on more new homes in August amid a surge in construction on apartments, condos and other types of multiple-unit housing projects in urban centres.
Business |
Real estate industry emerging from COVID-19 but new reality anything but normal
Leave the doors open and all the lights on. That's one of the many new guidelines for people opening their homes — perhaps for the first time in months — so real estate agents can host open houses.
Business |
Ontario mask bylaws could be difficult for businesses to enforce, legal experts say
As Ontario municipalities enact new measures regarding the use of masks in commercial locations, business owners could face difficulty when it comes to dealing with customers who refuse to comply.
Canada -Toronto |