In the News

For construction, non-residential collapse is bigger worry

The latest numbers on Canadian housing starts and residential building permits will certainly add fuel to the fire and brimstone of the impending-housing-apocalypse believers. But as alarming as the weak residential data released Tuesday might have been, bigger problems for Canada's construction activity might lie in the non-residential side.

DAVID PARKINSON

MISSING NUMBERS

Canada's financial leaders are under pressure to provide a clearer picture of the housing market, in the face of conflicting opinions about the health of a sector that is crucial to the national economy.

ROB CARRICK

Yellen spooks markets in her Fed debut

Janet Yellen rattled investors in her debut as the U.S.’s top central banker, as Wall Street focused on an apparent tilt toward raising interest rates sooner than expected.

KEVIN CARMICHAEL