Tax change proposals divisive, but more favour Liberal position: poll

Tax change proposals divisive, but more favour Liberal position: poll
OTTAWA — A new poll suggests that Canadians who support the Liberal government’s tax-change proposal outnumber those opposed to the idea — barely. The Ekos-Canadian Press survey found that based on what people know of the idea, 49 per cent of respondents support it, while 44 per cent are against. The Liberals are proposing three updates to the tax code to close... Read More

Home Capital exec shuffle sees one VP replaced and another role eliminated

Home Capital exec shuffle sees one VP replaced and another role eliminated
TORONTO — Two more Home Capital Group Inc. (TSX:HCG) executives have left the company, with one being replaced and another’s position eliminated. The Toronto-based alternative lender says Pino Decina, executive vice-president of residential lending, and Chris Whyte, executive vice-president and chief operating officer, have departed from their roles at the organization. Home Capital says Edward Karthaus, whose was previously with D+H and Filogix LP, will... Read More

CMHC looks to Airbnb in bid to boost withering supply of affordable rental units

CMHC looks to Airbnb in bid to boost withering supply of affordable rental units
OTTAWA — Canada’s housing agency is looking to an unlikely ally in a bid to boost the stock of affordable rental housing: Airbnb. The head of the Canada Mortgage and Housing Corp., says he believes short-term rental companies like Airbnb and Vacation Rental By Owner (VRBO) could help increase the rental supply in the country and, in turn, possibly reduce rents.... Read More