Citing 'conflict of interest' concerns, the Ontario government will create a standalone home builder regulator separate from the warranty provider.
Shares of Home Capital Group Inc. tumbled nearly 10 per cent Tuesday, as investors gave their verdict on the company's decision to sack chief executive officer Martin Reid after less than a year in the job.
The GTA's hot housing market is a symptom of its rapidly growing economy compared to other parts of the country, but the expectation of perpetually rising prices poses a risk, says Bank of Canada Governor Stephen Poloz.
TORONTO (Reuters) - The Canadian and Ontario governments plan to team up with a group of businesses to invest about C$200 million ($150 million) to fund an artificial intelligence institute at the University of Toronto, project organizers said on Tuesday.
The comparison to LRT will not be made as Mayor John Tory and his team vote down the request for information. Toronto Mayor John Tory speaks as city council debates the $3.35 billion, one-stop Scarborough subway extension.