Vancouver home sales fall to lowest total since 2000, detached home prices down

Vancouver home sales fall to lowest total since 2000, detached home prices down
VANCOUVER — Home sales in Metro Vancouver plummeted to their lowest level in nearly two decades last year and the average home price moved lower in the once red-hot real estate market. The total number of homes sold in Metro Vancouver last year fell to 24,619, marking the lowest total since 2000, according to data from the Real Estate Board of... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (14,212.75, down 134.41 points). ClearStream Energy Services Inc. (TSX:CSM). Energy. Up 2.5 cents, or 250 per cent, to 3.5 cents on 11.1 million shares. Aurora Cannabis Inc. (TSX:ACB). Health care. Down 18 cents, or 2.54 per cent, to $6.91 on 7.8 million shares. Barrick Gold Corp.... Read More

Tech CEOs say Liberal innovation agenda does little to help firms scale up: poll

Tech CEOs say Liberal innovation agenda does little to help firms scale up: poll
OTTAWA — The federal government’s big-ticket efforts to support high-growth tech firms are offering little for emerging companies that have already outgrown the fledgling start-up phase, according to a new survey of CEOs in Canada’s sector. The insights are among the early findings of a three-year research project focused on properly defining mid-sized “scale-up” firms, outlining what prevents them from growing into big companies in Canada and ensuring they’re central to... Read More

New low-cost U.S. airline orders 60 A220 planes developed by Bombardier

New low-cost U.S. airline orders 60 A220 planes developed by Bombardier
TOULOUSE, France — A new U.S. low-cost airline being launched by the co-founder of WestJet Airlines and JetBlue Airways has signed a firm order to buy 60 A220 planes developed by Bombardier Inc. The manufacturer says the airline dubbed Moxy is buying the A220-300 aircraft formerly called the C Series in a deal valued at a total of about US$5.5 billion... Read More

StatCan warns of impact on release of trade data from U.S. government shutdown

StatCan warns of impact on release of trade data from U.S. government shutdown
OTTAWA — Statistics Canada is warning the partial shutdown of the U.S. government could have an impact on the agency’s ability to release a complete picture of trade between North America’s largest trading partners. Each country has been using the other’s import data to produce its export statistics since 1990. U.S. imports from Canada reported to U.S. Customs and Border Protection... Read More

Survey: US firms added a strong 271,000 jobs in December

Survey: US firms added a strong 271,000 jobs in December
WASHINGTON — U.S. businesses added a robust 271,000 jobs in December. Payroll processor ADP said Thursday that last month’s job gains marked a sharp upturn from November’s gain of 157,000. The gains, if backed up by government numbers due Friday, could be strong enough to reduce the unemployment rate. The burst of hiring last month comes as financial markets are... Read More

Waning iPhone demand highlights consumer anxiety in China

Waning iPhone demand highlights consumer anxiety in China
BEIJING — Apple’s $1,000 iPhone is a tough sell to Chinese consumers jittery over an economic slump and the trade war with Washington. CEO Tim Cook told shareholders Wednesday that iPhone demand is waning, mainly in China. That makes the tech giant the latest global company grappling with Chinese consumer anxiety. Other brand names from Ford Motor Co. to jeweler... Read More