Jesse Ferreras
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Jesse Ferreras is associate news editor of trends and traffic for The Huffington Post Canada. He was previously an online editor at canada.com and the Pique Newsmagazine in Whistler.

Entries by Jesse Ferreras

Olympic Games Cost More Almost Every Time. That Could Change In Rio.

(0) Comments | Posted July 30, 2016 | 11:24 AM

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.

olympic stadium rio
Rowers' sneakers are seen on a dock...

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Canadian Bank Bail-In Regime Brings Negative Outlook For The Big Ones

(0) Comments | Posted July 30, 2016 | 11:21 AM

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.

king and bay toronto
The intersection of King and Bay Streets...

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Canadians' Favourite Bank Isn't One Of The Big Five

(67) Comments | Posted July 28, 2016 | 6:40 PM

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.

tangerine bank
Signage of Tangerine on the facade of a...

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Toronto Subway Housing Map Shows Three-Bedroom Homes Are Out Of Reach Everywhere

(29) Comments | Posted July 28, 2016 | 5:03 PM

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.

Sky View Suites, a property management company that offers short-term rentals and extended stays in the 6ix, has released...

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Canadian Economy Emerged Cleanly From The Great Recession. This Chart Is Proof.

(58) Comments | Posted July 27, 2016 | 6:59 PM

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...

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CMHC Issues Red Alert For Vancouver Real Estate

(29) Comments | Posted July 27, 2016 | 1:59 PM

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...

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U.S. Pot Smokers Spend More On Bud Than Canadians Do Booze

(6) Comments | Posted July 26, 2016 | 7:05 PM

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

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A World Mapped According To Wealth Looks Very Different

(73) Comments | Posted July 23, 2016 | 11:39 AM

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...

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NewLeaf Travel To Fly With Lawsuits Clinging To Its Wheels

(14) Comments | Posted July 23, 2016 | 11:32 AM

A new Canadian air carrier is set to make its first flight next week with legal woes clinging to its wheels.

A passenger rights advocate wants the Federal Court of Appeal to slap Winnipeg-based startup NewLeaf Travel with an injunction before it's set to...

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Canadian Economy Is Looking Worse. You Can Blame These 2 Things.

(48) Comments | Posted July 22, 2016 | 4:50 PM

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.

oil derrick alberta

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The Toronto Stock Exchange Is Doing The Best It Has In Almost A Year

(2) Comments | Posted July 21, 2016 | 9:06 PM

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...

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Canada's Most Expensive Cities To Rent An Office Rank High In North America

(0) Comments | Posted July 21, 2016 | 6:34 PM

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 financial district
Toronto's financial district at dusk. (Photo:...

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Canada's Skills Shortage Really Isn't As Bad As In Other Countries

(2) Comments | Posted July 21, 2016 | 3:56 PM

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...

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Canada Real Estate: Homeowners Are Stuck On A Broken Property Ladder

(0) Comments | Posted July 21, 2016 | 9:37 AM

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...

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Canadian Retirees Are Better Off Than American Ones, Study Says

(11) Comments | Posted July 20, 2016 | 4:42 PM

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.

whistler retiree

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WestJet CEO Says National Carbon Tax Could 'Kill' His Industry

(48) Comments | Posted July 20, 2016 | 3:48 PM

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...

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Calgary Office Vacancy Reaches Historic High

(2) Comments | Posted July 20, 2016 | 8:58 AM

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.

That...

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Canada's Most Expensive Cities To Rent In May Surprise You

(21) Comments | Posted July 19, 2016 | 4:56 PM

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...

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Donald Trump's Childhood House Hits The Market In New York

(3) Comments | Posted July 19, 2016 | 8:47 AM

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).

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Venezuela Food Shortages Have People Packing The Border To Grab Groceries

(6) Comments | Posted July 18, 2016 | 5:20 PM

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...

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