The average price of a Canadian home that sold in February was $540,000, a figure that rose by 15.2 per cent in the previous 12 months, the group that represents Canadian realtors says. The Canadian Real Estate Association said Monday that the number of sales rose, too, by 5.9 per cent. That’s “one of the…

Clothing retailer Aritzia Inc. is closing all of its stores until further notice as businesses across the country move to help reduce the spread of COVID-19. The retailer says it feels it’s the best decision for its people, clients, partners and community as a whole. It says customers will still be able to continue shopping…

The U.S. Federal Reserve took emergency action Sunday and slashed its benchmark interest rate by a full percentage point to nearly zero and announced it would purchase more Treasury securities to encourage lending to try to offset the impact of the coronavirus outbreak. The central bank said the effects of the outbreak will weigh on…

Some malls and retailers across Canada are reducing shopping hours starting this week in an effort to reduce the spread of COVID-19. Over the weekend, some mall owners announced they would cut back shopping hours by as much as 30 per cent for at least the next two weeks. As of Sunday afternoon, Canadian health officials…

Many Canadian travellers went into panic mode Friday after the federal government advised against all international travel to help stop the spread of the coronavirus.  Here’s what you need to know about the government’s new travel advisory and how it will affect your vacation plans.  Is this a ban? No. The government’s advisory isn’t a travel ban, but…

Major energy companies in the United States imposed work-from-home rules for office staff and began health checks for remote or critical workers as coronavirus spread across the United States and threatened an industry reeling by falling demand and profits. BP, Exxon Mobil, Kinder Morgan, Motiva Enterprises and Royal Dutch Shell told non-essential staff to work…