The cost of staging the Olympic Games grows almost every time they happened.
That may finally change in Rio, if a working paper out of the University of Oxford is to be believed.
Rowers' sneakers are seen on a dock...
A Canadian credit rating agency is maintaining a negative outlook for the country's biggest banks.
And it's all because the federal government is looking to protect taxpayers in the event of a financial collapse.
The intersection of King and Bay Streets...
When Canadians were asked to name their favourite bank, they didn't choose one of the Big Five.
No, their choice was a bank that operates mostly online, with few fees and no minimum account balances.
Signage of Tangerine on the facade of a...
Finding an affordable place to live in Toronto is tough enough.
But just try raising a family there. That's when things reach near-impossible heights.
Canada's previous government loved to tout its economy's relative strength coming out of the Great Recession of 2008.
Data from the Organization for Economic Co-operation and Development (OECD) shows there's some truth to its boasts.
Canada emerged in the top half of countries when it came to real wage growth...
One of Canada's most trusted authorities on real estate is sounding a strong warning on the state of Vancouver housing.
The city's real estate market is showing "strong evidence of problematic conditions," meaning it's vulnerable to market instability, the Canada Mortgage and Housing Corporation (CMHC) said in its third quarterly...
Canadians may rank among the the world's most prolific drinkers, but when it comes to cash spent, they don't come close to American pot smokers.
The latter spend far more on marijuana that drinkers do on booze, according to a report released by cannabis market intelligence firm
Any map of the world shows what it looks like by land size.
They simply don't capture how much power individual countries wield, financially or otherwise.
Enter Max Galka. The New York-based data visualizer has designed an interactive map showing precisely how the world would change...
A new Canadian air carrier is set to make its first flight next week with legal woes clinging to its wheels.
Is Canada's economy in bad shape? That depends on who you ask.
Reuters spoke with about 40 analysts and found that the country's economic outlook is worse than it was just a few months ago — with two factors particularly to blame.
The Toronto Stock Exchange (TSX) is beating Wall Street as it posts some of the best results it has seen in nearly a year.
The S&P/TSX Composite Index closed at 14,566 on Thursday, CBC News reported.
That number is 56 points below a one-year high that the index...
People often think of New York and San Francisco when they talk of expensive places to do business in North America — but they'd also be right on the money if they considered Toronto or Vancouver.
Toronto's financial district at dusk. (Photo:...
It's no secret that Canada is facing a skills shortage.
The Great White North is set to see as many as 218,000 new tech jobs over the next four years, but doesn't have anyone to fill them, according to a report from the Information and Communications Technology Council...
Matthew and Vanessa Pitcairn are fast outgrowing their apartment in the Vancouver suburb of Richmond.
Matt was born in the city. A fixture in the community, he works for the local chamber of commerce and ran for school board in 2014; Vanessa, who works for the city, moved to Richmond...
Retired Canadians really do have it better than their southern cousins do.
At least according to the 2016 Global Retirement Index, anway.
The index ranks various countries based on factors like residents' post-career finances, health, material well-being and quality of life.
The CEO of one of Canada's major airlines says a national carbon tax could "kill" his industry if the government isn't careful.
At least one economist says he's "hilariously wrong."
WestJet CEO Gregg Saretsky told the Pacific NorthWest Economic Region (PNWER) conference on Tuesday that his company is working with...
Office tower vacancies in downtown Calgary were bad before. Now they're worse than anywhere else in Canada.
So says a report from commercial real estate firm CBRE, which pegged the overall office vacancy rate at a historic high of 22.2 per cent at the end of the second quarter.
Calgary's apartment sales slumped last month, falling by over a fifth of what they were at this time last year.
But the city is still one of Canada's priciest when it comes to renting apartments.
Cowtown was third on the list of most expensive places to rent a one-bedroom unit...
Donald Trump has his sights set on the White House.
But his life began in a smaller, Tudor-style home, in the New York borough of Queens. A home that is now yours to own for the low, low price of C$2.1 million (US$1.65 million).
As many as 135,000 people in Venezuela have been left with no choice but to leave the country to find basic groceries.
Pictures show Venezuelans packing the Simon Bolivar international bridge to Colombia, just so they could pick up food, toiletries and medicine last week, BBC News...