Financial & Business News
NewsYahoo Finance CanadaCanada introduces ban on travel from southern Africa over Omicron variant
The federal government is introducing new restrictions on travel from seven southern African countries amid concerns of a new COVID-19 variant of concern known as Omicron.
BusinessYahoo Finance CanadaAir Canada stock tumbles nearly 11% amid new COVID variant concerns
Air Canada is among many airlines around the world that posted declines on Friday.
- BusinessYahoo Finance Canada Videos
'I don't blame them': realtor says most calls are from investors
Investors are scooping up more real estate than any other type of buyer in Canada, including first-time home buyers. "A sudden influx of investors in the housing market likely contributed to the rapid price increases we saw earlier this year. In such a case, expectations of future price increases can become self-fulfilling, at least for a while," said Paul Beaudry, deputy governor of the Bank of Canada, on Tuesday. We’ve been getting monthly updates from the ground floor from Realosophy Realty’s John Pasalis and Oakwyn Realty’s Steve Saretsky, who help make sense of it all, with advice for anyone buying or selling a home. Also See: The latest real estate news for housing prices, mortgage rates, markets, luxury properties and more at Yahoo Finance Canada. They talked about clients looking for investment properties and John says most of the people who reach out to him are investors. If you have questions, email them to jessybains@yahoofinance.com and John or Steve will answer them on the next episode. Jessy Bains is a senior reporter at Yahoo Finance Canada. Follow him on Twitter @jessysbains.
