Could the "wealth-conjuring machine" that is Canadian real estate grind to a halt after the COVID-19 crisis exposed its worst weaknesses? That's the concern many who watch a sector that makes up a bigger part of the Canadian economy than oil and gas.
Today on Front Burner, Bloomberg News' Vancouver bureau chief Natalie Obiko Pearson returns to explain how real estate became such a significant part of the Canadian economy, how Canadians went deeply into debt, and why now, the housing market in Canada could be "too big to fail."
Canada’s Finance Minister, Bill Morneau, has just released a dramatic projection of the country’s deficit this year: $343 billion, largely due to pandemic-related support programs. The unprecedented amount of spending is a signal to many climate advocates that there is now an opportunity to...
The broad and ambiguous offences under China's new national security law have Hong Kongers censoring themselves, fearing a maximum sentence of life imprisonment.
Pro-democracy protesters are holding up blank sheets. Cafes are stripping their messages of support. One of Hong Kong's most prominent...
Today marks exactly six months since Ukraine International Airlines Flight PS752 was shot down by two Iranian missiles near Tehran. The devastating tragedy killed 176 people, including 55 Canadians and 30 permanent residents. It also left loved ones of the victims desperate for answers about what...