It took Russell Phipps just one day to sell his three-bedroom, 1,800-sq.-ft. house in Ajax, Ont., after a fierce bidding war. With an early closing and no place yet to live, the Toronto native moved into a friend's 550-sq.
Ontario's deficit for this fiscal year is down to $1.9 billion, due in part to higher tax revenues, a hot housing market and the use of the province's reserve.
NEW YORK, N.Y. - Yahoo is taking a $350 million hit on its previously announced $4.8 billion sale to Verizon in a concession for security lapses that exposed personal information stored in more than 1 billion Yahoo user accounts.
Veresen Inc. is selling its power generation business to several buyers for a total of $1.18 billion. According to its website, Calgary-based Veresen's power business includes a combination of gas-fired, hydroelectric, wind and other types of ...
If you're travelling in from Orleans or Kanata in rush hour traffic, it will come as no surprise to hear that Ottawa has rated fourth in the country in terms of congested traffic, behind Montreal and Toronto.