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Monthly Archives: October 2020
Ottawa to declare petro-plastics toxic to health–because they are
Today, Canada’s federal government is expected to release a list of banned single-use plastic items and a plan to designate plastic a toxic substance–defined under CEPA as those that cause, or may cause, immediate or long-term harm to the environment, … Continue reading
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Canadian household insolvency deferred but growing
Douglas Hoyes, licensed insolvency trustee and co-founder of Hoyes, Michalos & Associates, joins BNN Bloomberg to provide his forecast for Canadian insolvencies. He notes, a second wave of COVID-19 and taxes due on CERB benefits could result in a gradual … Continue reading
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Condo in the coal mine
Plunging rents and rising vacancies are a bad combo for levered owners. Toronto’s thriving housing market is beginning to show signs of strain, particularly in a condo segment suddenly flooded with new listings. September data from the Toronto Regional Real … Continue reading
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