Skip to main content

Featured

Canada’s Grocery Code of Conduct: What Shoppers Should Expect in 2026

Starting in 2026, Canada will officially implement its Grocery Code of Conduct , a landmark agreement designed to reshape the relationship between grocery retailers and their suppliers. While this initiative has been years in the making, many Canadians are wondering what it will mean for their weekly shopping trips. What Is the Grocery Code of Conduct? The code is essentially a set of rules agreed upon by major grocery retailers and suppliers . Its purpose is to ensure fairness, transparency, and predictability in the food supply chain. By establishing clear guidelines, the code aims to reduce disputes, foster collaboration, and strengthen Canada’s food system. Will Prices Go Down? One of the biggest questions for consumers is whether this code will lead to lower grocery bills. Experts caution against expecting dramatic price drops. Instead, the changes will likely be “invisible” to shoppers , focusing more on how retailers and suppliers interact behind the scenes. That said, by r...
Post a Comment
Read more

article

Labels

Toronto housing market cools down as prices fall for fourth month in a row

 


The Toronto housing market showed signs of slowing down in November, as home sales rose slightly but prices continued to decline for the fourth consecutive month. 

According to the Toronto Regional Real Estate Board, the average selling price for all home types in the Greater Toronto Area was $1,051,000 in November, down 0.6 per cent from October and 5.3 per cent from July, when it reached a record high of $1,108,000. 

The number of home sales increased by 2.1 per cent month-over-month and 13.5 per cent year-over-year, reaching 8,766 transactions in November. However, the sales growth was mainly driven by low-rise segments such as detached and semi-detached houses, while condo sales declined by 8.8 per cent from October and 2.4 per cent from November 2020. 

The board attributed the cooling of the market to a combination of factors, including the end of the pandemic-induced surge in demand, the increase in new listings, the tightening of mortgage rules, and the anticipation of higher interest rates. “The GTA housing market has moved to a more balanced position compared to earlier this year and last year,” said TRREB president Kevin Crigger in a statement. “This could mark the start of a period of more moderate price growth, which would be healthy and sustainable over the long term.”

Labels:

Comments

Post a Comment