Guess who’s buying all those new homes in Canada? Apparently, almost no one. The central question that the article fails to ask is this: whose balance sheets are taking the hit? In any case, retirees are never going to take up all the slack that investors are leaving behind.

There were just over 300 new homes sold across the entire Toronto region in April. A population of about 6.4 million people was mainly too scared to pull the trigger.

It was one of the worst months ever for sales, according to the Building Industry and Land Development Association. The market hasn’t improved much since.

“It’s a crazy market out there with condos,” she said, fully aware of the drop in sales and prices. June sales were just 510 units, 82 per cent below the 10-year average for the month, BILD said.

Learn to code, they said. But just don’t expect a job in Canada.

Canada’s tech job market has gone from boom to bust in a matter of years, a new study says.

The research released Tuesday by job postings site Indeed says August openings in the sector posted on its platform were down 19 per cent from their early 2020 levels.