Plus, the IMF predicts a possible recession for Canada
Getting caught up on a week that got away? Here’s your weekly digest of the Globe’s most essential business and investing stories, with insights and analysis from the pros, stock tips, portfolio strategies and more.The International Monetary Fund is warning of ain a report published on Wednesday. As Mark Rendell reports, the IMF expects the Canadian economy to grow 1.5 per cent in 2023, down from a projected 3.3 per cent this year.
. Now, thousands of temporary residents with Canadian work experience are in limbo, with some needing to quit their jobs and return home, reports Vanmala Subramaniam.Many housing markets in the country are lacking resale inventory. In many cases, writes Matt Lundy, homes are simply being pulled out of the ice-cold resale market, and. In Toronto over the first three quarters of 2022, more than 24,000 low-rises were rented. That’s a 29-per-cent increase from a year before.
, writes columnist Rita Trichur. His latest transgressions, she writes, began when he offered his prescription for a Russia-Ukraine peace plan in the form of a Twitter poll, and calling war “the ultimate Supreme Court.”A housing technology startup wants to cheaply automate the made out of wood. The company makes prefabricated facade panels, columns, and flooring cassettes that can be put together on-site, writes Josh O’Kane. This is the kind of thing urbanists have been dreaming of for years.
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