Daniel Tencer
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Dan Tencer is the business editor for HuffPost Canada and has been a journalist for more than 15 years. He has worked at the Ottawa Citizen, Maisonneuve Magazine, This Magazine and RawStory.com.

Entries by Daniel Tencer

Toronto Housing Crisis Caused By 'Government-Induced Land Shortage': Study

(53) Comments | Posted April 25, 2017 | 1:43 PM

As Ontario’s provincial government brings in new rules aimed at cooling the province’s overheated housing markets, a report argues the government is to blame for the crisis in the first place.

The report from Ryerson University’s Centre for Urban Research and Land Development says the 2006...

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Look What Donald Trump Just Did To The Loonie

(105) Comments | Posted April 25, 2017 | 9:16 AM

Spooked by the announcement of U.S. tariffs on Canadian lumber, currency traders are dumping the loonie, sending it down to its lowest point in 14 months.

The Canadian dollar shed more than a cent as news of the tariffs spread overnight. It was trading around 73.5 cents U.S. at 11...

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Why Even Low Earners, Teens And Students Should File A Tax Return

(7) Comments | Posted April 24, 2017 | 7:16 PM

Many low earners, teens, and students don’t bother filing tax returns. After all, if you only earned a few grand last year, what’s the point, right?

But tax experts say there’s plenty of reason for low earners to file a tax return.

“Our system is based on filing your...

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Trump Advisor Rips Into Canada Over New CRTC Ruling

(231) Comments | Posted April 24, 2017 | 5:10 PM

When it comes to net neutrality — the principle that Internet service providers (ISPs) should treat all the content on their networks equally — Canada and the U.S. are rapidly moving in opposite directions.

An advisor to President Donald Trump has criticized Canada’s telecom watchdog for declaring that ISPs can't...

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Canadians' Confidence In Housing Hits Record High

(6) Comments | Posted April 24, 2017 | 1:19 PM

The experts are getting louder in their warnings that a housing bubble has formed in some parts of Canada, but Canadians don’t seem worried.

In fact, confidence in the housing market hit a record high in the latest weekly Bloomberg-Nanos index — even as respondents turned negative on...

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Precarious Work Is Awesome And Canada Will Get Way More Of It: Report

(53) Comments | Posted April 19, 2017 | 2:17 PM

Finance Minister Bill Morneau last year warned Canadians they will have to get used to precarious work. Now a new survey from a staffing agency suggests precarious work will increasingly become the norm over the next decade.

The survey from Randstad Canada predicts an “immense shift” to what...

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Canada's Average House Price Hits $548,517. Here Are The Hottest, Coldest Markets

(21) Comments | Posted April 18, 2017 | 12:04 PM

The average sales price of a home in Canada reached $548,517 in March, up 8.2 per cent in a year.

Most of that strength came from Greater Toronto and southern Ontario, where prices soared in the 30-per-cent range in the past year.

It didn’t come from Vancouver, where the average...

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Spike In Canadian ‘Housing Bubble' Searches A Sign It May Be Ending

(24) Comments | Posted April 17, 2017 | 2:25 PM

If there’s one truism about housing bubbles, it’s that, at first, buyers and sellers don’t believe there’s a housing bubble.

After all, you’re probably not going to pay tens or hundreds of thousands over asking if you think prices are going to pop anytime soon.

So it’s worth noting...

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Facebook Condemns Deadly Shooting Broadcast On Its Pages

(0) Comments | Posted April 17, 2017 | 12:47 PM

Facebook has responded to a deadly shooting of an elderly man that was broadcast on its pages, calling it a “horrific crime.”

Police in Cleveland are hunting Steve Stephens, a 37-year-old who allegedly posted a video of himself on Facebook shooting 74-year-old Robert Godwin Sr. on Sunday afternoon in the...

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Toronto Rental Prices Jump 30% In 6 Months, Other Cities Soar Too

(9) Comments | Posted April 13, 2017 | 2:58 PM

A new report has bad news for the half of Torontonians who rent their homes.

The madness of the city’s housing market seems to have infected the rental market as well, with new data from an apartment portal showing median rents up nearly 30 per cent in just six months.

...
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Canada's Most In-Demand And Hardest-To-Fill Tech Jobs, According To Indeed

(0) Comments | Posted April 13, 2017 | 1:13 PM

Canada is in desperate need of tech workers.

A study released last year found the country will create an estimated 218,000 new tech jobs by 2020, but there aren’t enough people with the right skills to fill them.

Canada’s education system is graduating about 29,000 new tech workers...

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Airlines Are Trolling United On Twitter, And It's Personal

(2) Comments | Posted April 12, 2017 | 3:18 PM

The video of a United Airlines passenger being dragged off an overbooked plane has become the butt of late-night TV jokes and endless social media trolling.

But some of United’s competitors got in the game, too, particularly those Middle Eastern airlines that have been aggressively muscling...

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9 In 10 Canadians Oppose A Key Part Of Any China Trade Deal

(34) Comments | Posted April 12, 2017 | 8:50 AM

Canadians haven’t jumped on the protectionist bandwagon to nearly the same extent as people in some other developed countries, but when the idea of Chinese state-run corporations gaining greater access to Canada comes up, the answer is a resounding “no.”

A new poll from Nanos Research, carried out...

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55% Of Canada's Housing Markets Suffering 'Irrational Exuberance': NBF

(2) Comments | Posted April 11, 2017 | 1:14 PM

Most analysts don’t expect the Bank of Canada to raise interest rates at its policy announcement this Wednesday, but the chief economist at one of Canada’s major banks says it’s time to look at doing just that.

Why? Because house prices are rising so rapidly that Canada’s housing market is...

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United Airlines Loses $900 Million In Value In Hours As Viral Video Spreads

(366) Comments | Posted April 11, 2017 | 12:22 PM

United Airlines’ stock dropped on opening Tuesday, as anger spread on social media over the violent removal of a passenger from a flight.


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Half Of Canada's Millennial Homeowners Have Buyer's Remorse

(23) Comments | Posted April 10, 2017 | 1:05 PM

Be careful what you wish for — and how much you pay for it.

A new study has found more than half of Canada’s millennial homeowners want to sell their home, because the cost of housing is making them cash poor.

Meanwhile, more than half of millennials (52 per cent)...

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What Toronto's Average House Price Will Buy You Around The World

(14) Comments | Posted April 9, 2017 | 12:05 PM

The average price of a single-family home in Toronto hit $1.56 million in March, an all-time record that makes the city more expensive than Vancouver for the first time in years.

Toronto’s house prices are rising so rapidly that the market’s stature in the world changes on a monthly basis....

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Canadians' Wage Growth Hasn't Been This Bad Since 1998

(7) Comments | Posted April 8, 2017 | 12:04 PM

The past six months have been little short of stellar for Canadian job growth, with the country adding 174,000 jobs, well above population growth, and reversing an earlier trend towards part-time work.

But there’s a flipside to this economic good news: The job growth is coming at the price of...

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Federal Liberals Reject P.E.I.'s Basic Income Funding Request

(32) Comments | Posted April 7, 2017 | 11:43 AM

Prime Minister Justin Trudeau’s government has declined to help fund a basic income experiment on Prince Edward Island.

The legislature in Canada’s smallest province voted unanimously last December to ask the federal government to partner with the province on a basic income trial.

But in an update on...

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Canada Adds 19,000 Net New Jobs In March, All Of Them Among Men

(27) Comments | Posted April 7, 2017 | 9:07 AM

Canada added 19,000 net new jobs in March, Statistics Canada reported -- but all the job growth was concentrated among men.

Despite the increase in employment, the country's jobless rate rose a notch, to 6.7 per cent, as more people went in search of work.

Men 25 years and older...

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