Sunny Freeman

Entries by Sunny Freeman

Smoke, Mirrors And Home Sales: Why Some Experts Don't Trust Canada's Housing Numbers

(33) Comments | Posted September 25, 2014 | 8:57 AM

Carleigh Pawlikowski is a bit of a control freak. So when it came to the biggest purchase of her life — a first home — she was lucky to find herself in Nova Scotia, one of the only places in Canada where home buyers can get direct access to property...

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TPP Talks Dead In The Water, BMO's Doug Porter Says

(26) Comments | Posted September 23, 2014 | 2:45 PM

The controversial Trans-Pacific Partnership (TPP) agreement may be crucial for Canada’s economy, but it’s unlikely to close anytime soon, says one of Canada’s top economists.

The multilateral talks — involving hundreds of negotiators from 12 countries over an agreement that would create one of the world’s largest free trade areas...

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8 Things To Know About The Economy, From Canada's Big Bank Economists

(10) Comments | Posted September 23, 2014 | 8:41 AM

Top economists from Canada’s big five banks assembled for a rare team prognostication Monday to weigh in on everything from how Millennials living with their parents are holding back the U.S. housing sector to why Canada will wait longer than the U.S. to raise interest rates.

The panel discussion...

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Ontario's 'Ring Of Fire' In Limbo: Cliffs Resources Says It Wants Out

(2) Comments | Posted September 18, 2014 | 11:47 AM

The largest player in the efforts to develop large-scale mining in Ontario’s Ring of Fire is signalling that it is looking to unload its $3.3-billion project in the region.

Cliffs Natural Resources said Thursday that it sent a letter to the Marten Falls First Nation to alert the band...

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Ontario's Ring Of Fire Gets A Development Corporation As First Nation Objects

(28) Comments | Posted September 5, 2014 | 5:01 PM

The First Nation band closest to the Ring of Fire says the Ontario government is failing to live up to promises it made to the community and has neglected to include First Nations in initial plans.

Webequie, a tiny isolated community, is taking issue with Ontario’s decision to create...

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Porter Airlines Looking To Sell Billy Bishop Terminal

(2) Comments | Posted August 29, 2014 | 12:32 PM

Porter Airlines is putting its terminal at Toronto’s small and controversial island airport up for sale.

The airline, which flies exclusively into and out of the Billy Bishop Toronto City Airport, said Friday it has decided to sell its home base for an undisclosed amount in order to focus on...

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Holt Renfrew To Close Stores In Ottawa And Quebec City

(2) Comments | Posted August 28, 2014 | 3:15 PM

High-end retailer Holt Renfrew is closing its stores in Ottawa and Quebec City, while it focuses on growing the size and selection at its flagship stores.

The closure of those two stores at the end of January will put 157 employees out of work, but the company said its employee...

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Fraser Institute Blasts Canada's 'Biased' Labour Relations Laws In New Report

(83) Comments | Posted August 28, 2014 | 6:30 AM

Just when it seemed that the debate over right-to-work laws had calmed, Canada’s most well-known conservative think-tank has released a report blasting the country’s “biased” labour relations laws for stalling jobs and investment.

After assessing various labour relations laws in the private sector for their “flexibility” — defined for the...

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Foreigners Are Taking Over Canadian Real Estate

(40) Comments | Posted August 27, 2014 | 7:26 PM

The housing market is so inflated that the international community warns of a bubble ready to burst and locals fret that soaring prices have pushed the dream of home ownership forever out of reach.

Some weary house hunters have...

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Burger King, Tim Hortons Merger: 5 Ways Canada's Coffee Shop Will (And Won't) Change

(3) Comments | Posted August 26, 2014 | 2:55 PM

There Will Be ‘Absolutely’ No Tims Coffee At Burger King

Burger King apparently has no intentions of selling Tim Hortons coffee in its restaurants, despite prior speculation that the ability to make a mark in the brewing “coffee wars” among fast food restaurants in the U.S. might...

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Warren Buffett To Finance Burger King-Tim Hortons Deal: WSJ

(8) Comments | Posted August 25, 2014 | 9:10 PM

UPDATE, Aug. 26: Burger King has confirmed it will merge with Tim Hortons in an $11 billion deal that will move Burger King headquarters to Canada.

A press release said Warren Buffett's Berkshire Hathaway is providing $3 billion in financing but will not be involved in operation of...

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Tim Hortons Burger King Merger: 10 Things To Know About The Proposed Deal

(7) Comments | Posted August 25, 2014 | 5:50 PM

When we first heard the news that Burger King may be ready to move to Canada for a merger with what is arguably Canada’s most beloved company, we didn’t know what to make of it.

Could Tim Hortons become an American company once again? Or...

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9 Times Canadian Companies Were Targeted For U.S. Takeovers

(2) Comments | Posted August 25, 2014 | 2:40 PM

Tim Hortons may be one of the most iconically Canadian companies to be targeted for a U.S takeover, but it is certainly not the first.

In fact, Burger King’s proposed takeover of the coffee-and-doughnut giant is not even the first time Tims itself has been...

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Bedrocan Set To Become Canada's Latest Publicly Traded Medical Marijuana Company

(14) Comments | Posted August 22, 2014 | 7:53 PM

Bedrocan is set to become Canada’s latest publicly traded medical marijuana company, with plans to list on Toronto’s junior stock exchange Monday.

The Toronto-based company’s stock will be available at the opening bell for investors to buy and sell under the symbol BED on the Toronto Venture...

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Government Memo Criticized Top Biologist For Comments On Oilsands

(37) Comments | Posted August 19, 2014 | 3:10 PM

One of Canada’s top biologists says he will not stop talking to the media after a government memo accused him of bias and speaking out of turn about the environmental impact of Alberta’s oilsands.

Queen’s University professor John Smol said Monday he was shocked and outraged to learn earlier...

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Whistler Medical Marijuana Corp. Issues Recall Over Mouldy Pot

(18) Comments | Posted August 15, 2014 | 3:59 PM

A mouldy batch of White Widow pot is the target of the latest medical marijuana recall by Health Canada.

Whistler Medical Marijuana Corp. is voluntarily recalling the lot after tests showed the product contained mould. The tests were conducted after Health Canada inspectors learned customers had complained...

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What We Don't Know About Canada's Housing Market Could Sink Us

(72) Comments | Posted August 7, 2014 | 12:49 PM

Is Canada in a major housing bubble? Without crucial data that lenders and government are withholding, it’s practically impossible to tell. In this series, HuffPost Canada examines the gaps in our knowledge and why that missing data matters.

If Canadian home prices suddenly plummeted by 20 per cent, what percentage...

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Netflix Doubles Profits, Expands To New Countries In Bid For Global Dominance

(4) Comments | Posted July 22, 2014 | 2:57 PM

Netflix is getting closer to world domination as it doubles profits, builds a global subscriber network and rapidly expands across borders.

Check out the video above for the top five things you should know about Netflix today, in Canada and around the world.

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Walmart Canada's 20th Anniversary Marked With Nod To Charity Work

(107) Comments | Posted July 22, 2014 | 8:04 AM

An upcoming ad campaign will feature ordinary Canadians thanking Walmart for the $200 million in charity contributions it has made in Canada since it opened up shop 20 years ago.

Since it opened in 1994, Walmart Canada has expanded to 390 locations, and has employed one out of every 100...

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With Household Debt Near Record Highs, BoC Mulls Major Interest Rate Policy Change

(25) Comments | Posted July 17, 2014 | 4:50 PM

Bank of Canada governor Stephen Poloz says low interest rates may become the “new normal” as Canadians have taken on so much debt that any rate spike could send shockwaves through the economy.

The head of the central bank told CBC’s The Current on Thursday that his...

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