Google’s Sidewalk Labs signs deal for ‘smart city’ makeover of Toronto’s waterfront

A unit of Google’s parent company, dedicated to urban invention, has signed a deal to map out a new sort of neighbourhood on Toronto’s waterfront that could demonstrate how data-driven technology may enhance the quality of citynbsp;life. On Tuesday, Sidewalk Labs, a division of Alphabet Inc., and the government agency […]

Housing starts slide as Toronto real-estate market continues to cool

The downturn in Toronto’s property marketplace is spilling into the market for newly constructed houses as contractors face weaker demand, particularly for more costly detached houses. Since the Ontario government announced a package of measures in late April to cool the overheated housing market in Toronto, builders of ground-level houses […]

Proposed mortgage rules could hurt many borrowers, credit unions say

Many less-wealthy home buyers could be shut out of the housing market and forced to continue renting if proposed mortgage stress-testing rules are adopted by Canada’s banking regulator, an association representing Canadian credit unions has warned. The Canadian Credit Union Association (CCUA), which represents 278 credit unions and caisses populaires […]

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