TORONTO — The number of Toronto-area homes sold last month fell nearly 35 per cent and the average selling price dropped more than 12 per cent from historically high levels set last year, the Toronto Real Estate Board reported Tuesday. There was a total of 5,175 residential transactions through the board’s MLS system last month,…
The first chicken eggs hatched using a new method that could spare billions of male chicks from slaughter have gone on sale in Germany. Each year, around 7 billion male chicks are gassed or thrown into grinders because they do not lay eggs and do not grow fast enough to be sold as chicken…
Better Dwelling: One of China’s largest overseas buyers just had its operations seized by the government. The China Insurance Regulatory Commission (CIRC), a state-run regulator, has officially begun prosecution of Wu Xiaohui, the former CEO of Anbang. The process has led the government to seize control of the assets “temporarily,” placing billions of dollars of…
I have been a Canadian tax lawyer for almost 30 years. Being a tax lawyer is not as sexy as being a famous criminal defence lawyer like Brian Greenspan or Marie Heinen. For the most part, I toil in the tax trenches and fight with Canada Revenue Agency (CRA) officials. Having dealings with CRA for…
OTTAWA — The economy added 15,400 net new jobs last month and the unemployment rate edged down to 5.8 per cent — but the gains were due to a surge in part-time work that offset a heavy decline in full-time positions. Statistics Canada’s latest labour force survey, released Friday, also found that the job gains…
Donald Trump has made a surprise trip to Iraq, meeting American soldiers in what was his first visit to a conflict zone since becoming US president. Mr Trump and his wife Melania took off from Washington DC late on Christmas day and arrived on Boxing Day for a visit that was kept closely under wraps. While…
OTTAWA — The Liberal government is championing its values — and its spending — in a federal budget that reads like a campaign-friendly road map designed to ensure that no woman, scientist or national wildlife area gets left behind. “It is a plan that puts people first — that invests in Canadians and in the…
America’s military body in charge of its nuclear weapons has apologised for a New Year’s tweet joking it was always ready to "drop" a bomb when needed. US Strategic Command, which is responsible for American cyber capabilities, missile defence and nuclear capabilities, tweeted that the tradition in New York was to drop the "big ball" in…
Scores of Canadians dipped their toes into cryptocurrency mining in recent weeks — they just didn’t realize it. A wave of so-called “cryptojacking” has been sweeping the internet, forcing unwitting web surfers into generating money for cybercriminals. Hackers infect websites with malicious code that secretly conscripts visitors into an army of cryptocurrency miners. Cryptocurrency mining…
Kim Jong-un on Tuesday renewed a pledge to denuclearise and said he was ready to meet Donald Trump, the US president, for a second time, but the North Korean leader warned Washington not to “misjudge” his patience and that he may reverse course if there was no sanctions relief. He delivered his latest missive in…