The vast majority of Canadian millennials in a global survey of over 9,000 adults plan to buy a home soon, but most are nowhere near financially ready to enter the market.
Every day it feels like there is another headline about how impossible it is to buy a house or condo in Toronto. But have you tried renting lately?
Bank of Montreal continued the big banks' run of better-than-expected profits for the fiscal first quarter, but analysts were lukewarm about Bank of Nova Scotia's results over the same stretch, even as it hiked its quarterly dividend by 2 cents.
The drugmaker reported a sharp drop in sales last quarter, and still has US$30 billion in debt hanging over its balance sheet that can only be dealt with by selling assets or improving cash flow.
WATCH ABOVE: As Alberta's economy begins to turn around, politicians are fiercely debating whether a carbon tax will help or hurt the recovery.