Greater Montreal home sales up 5% from February 2017, as active listing drop

Greater Montreal home sales up 5% from February 2017, as active listing drop
MONTREAL — The Greater Montreal Real Estate Board says home sales in the region grew five per cent year-over-year in February, as the number of active listings dropped 17 per cent. A total of 4,081 residential sales were made last month across the city’s census metropolitan area, marking the 36th straight increase and the busiest month of February since 2012. As was the case... Read More

Canfor Pulp Products president departing company amid leadership changes

Canfor Pulp Products president departing company amid leadership changes
VANCOUVER — The president of Canfor Pulp Products Inc. is leaving his position due to leadership changes at the company. Canfor Pulp says Brett Robinson’s departure is effective Monday. The Vancouver-based pulp and paper company says Robinson’s position will be consolidated under Don Kayne, CEO of Canfor Pulp and Canfor Corp. Robinson became president of Canfor Pulp in 2012, previously serving as... Read More

Kenney threatens to limit flow of oil to B.C., and put toll on natural gas

Kenney threatens to limit flow of oil to B.C., and put toll on natural gas
VANCOUVER — Jason Kenney, Alberta’s Opposition leader and candidate for premier, says his government would ensure “serious consequences” for British Columbia if it blocks the Trans Mountain pipeline expansion. Kenney said Monday he would be prepared to stop permits for the shipment of Alberta oil to B.C. through the existing Trans Mountain line, which pumps 300,000 barrels a day of oil, gasoline... Read More

Toronto-area home prices, sales volume in February down from 2017 record highs

Toronto-area home prices, sales volume in February down from 2017 record highs
TORONTO — The number of Toronto-area homes sold last month fell nearly 35 per cent and the average selling price dropped more than 12 per cent from historically high levels set last year, the Toronto Real Estate Board reported Tuesday. There was a total of 5,175 residential transactions through the board’s MLS system last month, down 34.9 per cent compared to the 7,955 sales in February 2017. The... Read More