Supply in Canada's property market surges as mortgage renewals loom

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With many Canadian homeowners facing a sharp rise in mortgage payments, many of them have decided to bail, resulting in the highest number of Toronto housing units for sale in more than a decade and signalling a big drop in prices in the coming months.

Lawyers say Air Canada could have to pay more than $100 million in compensation to workers who lost their jobs at maintenance centres more than a decade ago.Some Canadians feel stuck between a rock and a hard place when considering starting a family, while others are concerned about what their child's future could look like.

Nearly 10 years after it was first proposed, an interactive piece of public art is officially open in Vancouver's Hastings Park.An event July 22 at Dynamic Earth in Sudbury will mark the 60th anniversary of the iconic Big Nickel, the largest coin in the world.Cyclist Jagjeet Singh cruised through Montreal on Sunday morning as he rides across the country to raise money for a children's charity.

Do you have an opinion on how Vancouver should handle traffic along Stanley Park Drive? Now is your chance to weigh in.Authorities have identified and arrested a suspect in connection with an alleged stranger assault reported outside a busy shopping mall in Richmond, B.C., earlier this month.'Almost back to normal:' Cleanup continues after record-breaking rainfall, flooding in Toronto

A multi-police operation between Quebec and Alberta resulted in four men being arrested on Wednesday for two homicides in June and August 2023.The owner of a Quebec-based party supply store is criticizing the City of Brossard for not issuing a signage permit due to concerns about the English word 'party.'Youssef Shanab spent much of his Monday night at his restaurant in Old Montreal even though it wasn't even open.

Police are investigating a fatal collision in Kawartha Lakes and asking anyone with information or dash camera footage to contact the authorities.Former Windsor councillor named in lawsuit launched by South Asian Centre of Windsor A search effort is underway for a man who was swept away by the North Thompson River in Kamloops on Friday.One person is dead and 17 others have been displaced after a stubborn fire burned overnight in a Kelowna apartment building.Those looking to win a small business in a small southern Alberta town will need to wait for a different opportunity after the owners of Cardston's Cobblestone Manor said they did not reach the goal in their contest.

 

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