Page 8 - Derek Decloet News Today

Publishing date: Apr 27, 2021  •  56 minutes ago  •  4 minute read  •  Article content (Bloomberg) — Rogers Communications Inc. won a bidding war for Shaw Communications Inc. by giving the Shaw family two things it needed most: a high price and deal certainty. Now the question is what antitrust watchdogs will want from Rogers. Securities documents filed by Shaw on Friday revealed that two companies vied for the Calgary, Alberta-based wireless and cable firm in an auction that l...

Article content Canada’s housing market is in a “huge bubble” after months of runaway price gains, according to economist David Rosenberg, who was bearish on U.S. real estate before it crashed nearly 15 years ago. Homes sold in the Toronto region topped $1 million (US$792,000) on average for the first time last month, with some suburbs and smaller cities recording price increases of 20 per cent or more from February 2020. On Vancouver’s west side, detached homes sold for a median price ...