Developers find new opening to bet on Canada’s housing shortage
The flood of money that drove one of the world’s biggest condo building booms has abruptly dried up, creating an opportunity for deep-pocketed investors to step in.
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The flood of money that drove one of the world’s biggest condo building booms has abruptly dried up, creating an opportunity for deep-pocketed investors to step in.
ADVERTISEMENT
Creditors to Petrofac Ltd are opposing its debt restructuring, a proposal the oil services firm says it needs to prevent its collapse into liquidation.
As Canadian officials convene in Washington, D.C., to prove progress is being made at the border ahead of next week’s tariff deadline, U.S. President Donald Trump says he plans to impose sweeping 25 per cent tariffs on Canada and Mexico on March 4, claiming 'drugs are still pouring into our country.'
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