The ongoing trade war between the U.S. and Canada has significantly cooled Canadian housing markets, leading to a sharp decline in home resales, with March 2025 marking a 15% drop from December. Major markets like Toronto and Vancouver have seen resales plummet, while new listings have increased, creating an imbalance that favors buyers and pressures prices downward. The downturn is particularly severe in trade-sensitive regions, such as southern Ontario and Vancouver, where economies are closely tied to cross-border trade, resulting in weakened job security and diminished housing demand.
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Peel police announced 12 arrests, 136 charges in multiple home invasions
The Peel Regional Police announced a dozen arrests related to 17 violent crimes between May and December 2024, resulting in nearly $2 million in stolen items, including luxury vehicles and jewellery. The operation, dubbed Project Night Train, led to 136 charges including attempted murder, with many victims suffering life-altering injuries, prompting strong condemnation from local officials about the violence and organization behind these crimes. Want More Context? 🔎
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