INSight Blog
Interest Rates
Canadian Interest Rates To Plunge Further, Test Historic Extremes: BMO Canada’s facing a trade war with its largest partner, and it may send interest rates plunging. BMO Capital Markets wrote to investors after the first round of tariffs were announced this weekend....
Development
Heritage Trust aims to spare Halifax Alehouse building from demolition An application to demolish 1717 Brunswick St. in city's downtown is under review The Heritage Trust of Nova Scotia wants to save the Halifax Alehouse building from demolition. The building at 1717...
Development
Developer reverses plan for Sydney waterfront hotel, returns to original building proposal Doucet Developments says the hotel project fell through, intends to put up commercial and residential building A developer who had planned on putting up a new hotel on the...
Rents
'Turning point': Rent prices should see relief this year, but markets still tight For Canadian renters, it may feel like the years since the COVID-19 pandemic have brought one hit after another. After a 4.6 per cent increase in the average asking price of a rental...
Minimum Wage
Nova Scotia to Introduce Its Largest Minimum Wage Increase Ever Nova Scotians will benefit this year from the largest minimum wage increase in the province’s history. Quick Facts: the current minimum wage of $15.20 per hour took effect April 1, 2024; the rate reached...
Ban of Canada
Bank of Canada Cuts & Ends QT, Loonie Plunges Further Canada’s central bank slashed its key interest rate, as widely expected—but went even further. Earlier today, the Bank of Canada (BoC) announced it would slash the overnight rate by 25 basis points (bps), as...
Simmons Appeal
Simmons Appeal Decision Released The Simmons Appeal Decision, which overturns the Nova Scotia Small Claims Court ruling, has been released. Justice John A. Keith delivered a clear and thoughtful judgment, emphasizing that adjudicators must base their decisions...
Federal Housing Policy
What Will Happen To Liberal Housing Policies After Trudeau’s Resignation? With Conservatives firmly leading the polls, we may have mere months with a Liberal government. What's next for federal housing policy is very much so up in the air. It’s been quite the run for...
Population Growth
Population growth in N.S. now mainly driven by international migration Pandemic-driven stream of people moving to N.S. from other provinces has slowed The flow of people moving to Nova Scotia from other Canadian provinces has slowed down over the last two years,...
HRM
Halifax mayor says city is past the worst of its housing crisis; advocates disagree The worst of Halifax’s homeless crisis is over, says the city’s new mayor, who wants to see encampments closed as quickly as possible — even as homelessness advocates vigorously...
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