The Competition Bureau has confirmed it’s investigating the possible use of AI-driven algorithmic pricing in Canadian real estate rental markets. The practice involves real estate companies using programs that track what competitors are charging for rent and leases. An American antitrust lawsuit alleges companies are using this software to collude and artificially inflate rents. That […]
Read MoreMississauga’s already late Hurontario LRT project is now “incurring concurrent delays on multiple other fronts,” according to a recent credit rating report that highlights some of those “multiple” problems. The “project has discovered issues with track tolerances for already installed sections that are out of compliance with specifications.” The credit downgrade report by S&P (Standard […]
Read MoreMembers of Parliament studying the federal government’s decision to buy a $9-million luxury condo in Manhattan are preparing to recall Canada’s consul general in New York to answer more questions about his involvement in the purchase. The Conservatives put forward a motion on Tuesday to have Tom Clark return to the House operations committee. The […]
Read MoreThe federal government slashed immigration targets to levels that will flatten population growth as Prime Minister Justin Trudeau admitted Thursday the government did not get the balance right after the COVID-19 pandemic. The government had targeted bringing in 500,000 new permanent residents in both 2025 and 2026. Next year’s target will instead be 395,000 new […]
Read MorePort Moody’s Coronation Park development has passed the final reading of council after more than four years of negotiations with the city. The public hearing ahead of council’s vote on Oct. 3 lasted close to three hours, and brought out 38 speakers, along with 15 letters, voicing support, concerns or opposition to the proposal. Around […]
Read MoreOTTAWA — When a lumber baron first built a home for his wife at 24 Sussex Drive, he described it as a place of peace. Now, it has become a place of rodents. A rodent infestation in the official residence of Canada’s prime minister is so severe that the walls, attic and basement are filled […]
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