logo
‘Genuine discussions' between PM Carney and U.S. President Trump still needed: Reid

‘Genuine discussions' between PM Carney and U.S. President Trump still needed: Reid

CTV News07-05-2025

'Genuine discussions' between PM Carney and U.S. President Trump still needed: Reid
CTV News' political commentator Scott Reid discusses PM Carney's first official meeting with Trump, says more discussions on trade are needed.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

S&P/TSX composite down in late-morning trading
S&P/TSX composite down in late-morning trading

CTV News

time20 minutes ago

  • CTV News

S&P/TSX composite down in late-morning trading

Canada's main stock index was down in late-morning trading despite gains in the base metals sector, while U.S. stock markets were mixed. The S&P/TSX composite index was down 36.88 points at 26,392.25. In New York, the Dow Jones industrial average was down 92.78 points at 42,670.09. The S&P 500 index was up 1.23 points at 6,001.59, while the Nasdaq composite was up 45.11 points at 19,575.06. The Canadian dollar traded for 73.09 cents US compared with 73.05 cents US on Friday. The July crude oil contract was up 52 cents US at US$65.10 per barrel and the July natural gas contract was down 15 cents US at US$3.64 per mmBTU. The August gold contract was up US$5.00 at US$3,351.60 an ounce and the July copper contract was up eight cents US at US$4.93 a pound. This report by The Canadian Press was first published June 9, 2025.

Average asking rents fall annually for eighth straight month to $2,129: report
Average asking rents fall annually for eighth straight month to $2,129: report

CTV News

time20 minutes ago

  • CTV News

Average asking rents fall annually for eighth straight month to $2,129: report

A for-rent and a for-sale sign are displayed on a house in a new housing development in Ottawa on Friday, Oct. 14, 2022. THE CANADIAN PRESS/Sean Kilpatrick The national average asking rent in May was down 3.3 per cent from a year earlier at $2,129, marking the eighth consecutive month of year-over-year decreases. The latest monthly report from and Urbanation says asking rents held steady from April, with a 0.1 per cent month-over-month increase. Purpose-built apartment asking rents declined two per cent from a year ago to an average of $2,117, while asking rents for condominium apartments fell 3.6 per cent to $2,192. Urbanation president Shaun Hildebrand says rents have eased in part due to a surge in supply from new apartment completions, a slowdown in population growth and a heightened level of economic uncertainty. The report says average asking rents in Canada are 5.7 per cent higher than they were two years ago and 12.6 per cent above levels from three years ago. Ontario recorded the largest rent decline in May, with asking rents falling 3.6 per cent year-over-year to an average of $2,335, followed by B.C.'s 2.6 per cent decrease to $2,462, Alberta's 2.4 per cent decrease to $1,745 and Quebec's 1.8 per cent decrease to $1,964. This report by The Canadian Press was first published June 9, 2025. By: Sammy Hudes

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store