
Affinity Credit Union - How refinancing a mortgage works with equity
Ask an Expert: Affinity Credit Union. In this segment, we learn more about how to access equity in your homes, and debt consolidations. #sponsoredcontent
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CTV News
39 minutes ago
- CTV News
Demand for warehousing, other industrial leasing showing stress: CBRE
TORONTO — CBRE Ltd. says leasing trends for warehouses and other industrial properties are showing signs of business stress. The commercial real estate firm says national net lease absorptions turned negative in the second quarter, marking just the second time in five years a quarter has gone negative. CBRE says market players are citing the economic uncertainty from the trade war with the United States for the drop, though it's also coming after several years of booming growth. Paul Morassutti, chairman of CBRE Canada, says it's pretty clear from the news why the market is slowing, but that even without tariffs, a wave of space coming online will test the market. He says the pandemic-induced logistics rush that led to a speculative construction boom means rising availability through 2026, as the industrial market goes through right-sizing. The market had 1.4 million square feet of net negative absorption in the second quarter, a sharp reversal from the more than six million square feet of positive absorption seen every quarter between mid-2020 and the end of 2022. This report by The Canadian Press was first published July 2, 2025.


CBC
42 minutes ago
- CBC
5 players ink 1-year contracts with Winnipeg Jets on 2nd day of NHL free agency
The Winnipeg Jets made a series of moves around the edges of their roster Wednesday, signing five players to identical one-year, two-way contracts worth $775,000 US in the NHL. The club inked forwards Phil Di Giuseppe, Walker Duehr and Samuel Fagemo, along with defenceman Kale Clague and goaltender Isaac Poulter. Di Guiseppe brings the most experience to the fold, with 81 points (28 goals, 53 assists) in 302 career NHL games playing for the Carolina Hurricanes, Nashville Predators, New York Rangers and Vancouver Canucks. The 31-year-old from Toronto registered a goal and five assists in 20 games with Vancouver in 2024-25. He added nine points (four goals, five assists) in 20 contests for the American Hockey League's Abbotsford Canucks before chipping in 11 points (six goals, five assists) across 24 playoff games as part of the team's Calder Cup victory. Duehr, 27, has 21 points (11 goals, 10 assists) in 92 career NHL games with the Calgary Flames and San Jose Sharks, while the 25-year-old Fagemo has three goals and an assist across 21 contests split between the Predators and Los Angeles Kings. Clague, 27, has 21 points (two goals, 19 assists) in 94 career games with the Kings, Montreal Canadiens and Buffalo Sabres. The 23-year-old Poulter has yet to suit up in the NHL. He posted a 16-13-6 record with one shutout, an .898 save percentage and a 2.86 goals-against average for the AHL's Utica Comets last season. Jets general manager Kevin Cheveldayoff had a quiet opening to NHL free agency Tuesday, signing unrestricted free agent forwards Cole Koepke and Tanner Pearson to one-year contracts worth $1 million each. Winnipeg's one-year deal with centre Jonathan Toews, who's attempting a comeback in his hometown, was also made official, while winger Nikolaj Ehlers continues to weigh his options on the unrestricted free agent market after a decade in the Manitoba capital.


CBC
an hour ago
- CBC
Rogers closes deal with BCE to become majority owner of Maple Leafs Sports & Entertainment
Social Sharing Rogers Communications Inc. has closed its deal to buy BCE Inc.'s 37.5 per cent stake in Maple Leaf Sports & Entertainment to become the majority owner of the company. Rogers now holds a 75 per cent stake in the owner of the Toronto Maple Leafs, Toronto Raptors, Toronto Argonauts and Toronto FC. The $4.7-billion deal closed effective Tuesday after receiving the necessary regulatory and league approvals. Rogers chief executive Tony Staffieri called MLSE one of the most prestigious sports and entertainment organizations in the world. The acquisition grows the company's sports portfolio which already included the Toronto Blue Jays, Rogers Centre and Sportsnet. Earlier this year, Rogers signed a new 12-year, $11-billion agreement with the National Hockey League for the national media rights for NHL games through 2037-2038. The deal kicks in following the end of its current 12-year deal. WATCH | The National discusses Rogers's acquisition of MLSE: