Changing tax policy puts a chill on the ultraluxury housing market

Sales in the luxury niche of Toronto real estate take place in their own rhythm, but the uncertainty permeating the overall market is also apparent at the high end.At the same time, measures aimed at cooling the housing market during the high-octane run of a few years ago may be acting as a drag on

General Motors Raises Dividend 25% And Announces $6 Billion Stock Buyback

Detroit automaker General Motors (GM) is raising its quarterly dividend by 25% and initiating a new $6 billion U.S. stock buyback program. Going forward, GM will pay its stockholders a quarterly dividend of $0.15 U.S. per share. That places the distribution at the same level as that of archrival For

Stocks Rise Ahead of Inflation Report

Stock futures rose slightly on Friday as investors looked to the end of a losing week and month and awaited key inflation data.Futures for the Dow Jones Industrials popped 197 points, or 0.5%, to 43,494Futures for the S&P 500 index gathered 10.75 points, or 0.2%, to 5,887.Futures for the tech-heavy

More Ontarians are missing their mortgage payments, the Home of the Week and more top real estate stories

This week, the reality of mortgage renewals in 2025 sets in, as millions prepare for a new contract at a much higher rate than they initially signed up for. But fret not, columnist Rob Carrick has some tips to stay afloat. Plus, one home worth a look.Try The Globe's business and investing news quiz