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Your daily horoscope: January 14, 2026

  IF TODAY IS YOUR BIRTHDAY Planetary influences on your birthday will sharpen your critical thinking skills but there will still be occasions when you are inclined to believe what other people tell you because you want it to be true. Put reason ahead of feeling each and every time. ARIES (March 21 - April 20): What happens over the next 24 hours may seem hugely important but it isn’t really, in fact in the greater scheme of things it will hardly register at all. If you can keep things in perspective you will enjoy life a whole lot more. TAURUS (April 21 - May 21): Mind planet Mercury in one of the better areas of your chart means you can see with the utmost clarity what needs to be done to make sure everyone makes the right choices over the next few days. Take the initiative and lead from the front. GEMINI (May 22 - June 21): You know that changes need to be made but you may be reluctant to do things that could anger friends and family members. Forget about how they might react an...

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Real Estate Receiverships on the Rise: A Consequence of Elevated Interest Rates and Construction Costs

 


According to a recent report by The Canadian Press, real estate development projects across Canada are increasingly being pushed into receivership due to elevated interest rates, construction costs and delays, and a slower real estate market. Receiverships are a way for secured lenders to have the court appoint someone to take control of the property and either liquidate it or otherwise maximize the value of the assets. While often thought of as a last resort, experts have seen an increase in receiverships as bigger construction projects with multiple mortgages and parties involved start to run into trouble.

From one of Canada’s tallest condo towers to bare tracts of land, residential development projects across the country are facing financial stress. Smaller developers are finding it hard to get more money as the second-tier lenders they often rely on become more cautious. Ontario has seen the bulk of receiverships in recent months, but over the past year, the process has been applied to everything from a historic bank building in Saint John, N.B., to a fire-plagued apartment in Winnipeg.

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