The red hot housing market in Vancouver is getting hotter, and one insider says it isn't about to cool any time soon. New figures from the Greater Vancouver Real Estate Board show the benchmark price for a detached home is now 1.16 million dollars.
BayBridge Seniors Housing Inc., owned by Ontario Teachers' Pension Plan Board, is taking luxury senior homes operator Amica Mature Lifestyles Inc. private for $578-million.
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Canadian Oil Sands Ltd. is expecting the Syncrude oil sands development north of Fort McMurray, Alta., to return to normal production rates toward the end of the month.
Tyler Anderson / National PostSears Canada can succeed as a retailer that fits in a niche between discount chains like Walmart and more upscale apparel and home goods retailer, says executive chairman Brandon Stranzl.