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Happy Sunday!
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Here’s what’s inside this week’s update: below you’ll find a quick roundup of the latest business and real estate news, the results from last week’s Canada Post poll, and a fresh question for you—should Canada build a pipeline from Alberta to the BC coast? Take a look, cast your vote, and keep the conversation going with the addy community.
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Log in to your account to check out what’s new on the platform.
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❤️ The addy Team
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Your quick dose of what’s moving markets and mortgages! Below you’ll find the latest real estate and business news shaping the landscape for Canadian investors.
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Real Estate News
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Toronto Could Face Higher Property Taxes As Feds Cut Refugee Support
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The City’s Canada-Ontario Housing Benefit allocation is being slashed by 60%, while funding through the Interim Housing Assistance Program will cover only 26% of this year’s projected spend on sheltering asylum seekers.
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storeys.com/toronto-property-taxes-feds-refugee-support
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Recent Pods
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Canada’s Fiscal Bazooka Will Triple Budget Deficits | The Loonie Hour Episode 208
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How cities taxed their way into the housing crisis
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5 Charts That Will Shock Toronto Home Buyers!
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Business News
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Canadian dollar pares weekly decline as oil prices rise
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The Canadian dollar edged higher against its U.S. counterpart on Friday as oil prices rose, but the currency was still headed for a weekly decline.
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www.reuters.com/business/canadian-dollar-pares-weekly-decline-oil-prices-rise-2025-10-03
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Alberta and Canada are 80% aligned on potential pipeline proposal, Premier says
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Canada and Alberta are not far apart on the terms of a bargain that would create the conditions for a new oil export pipeline to be built in the province in exchange for certain environmental commitments, Premier Danielle Smith told Reuters on Thursday.
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www.reuters.com/sustainability/climate-energy/alberta-canada-are-80-aligned-potential-pipeline-proposal-premier-says-2025-10-02
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Sunday Poll
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The debate over pipelines is back in the spotlight with recent news that the Alberta government has stepped in as the initial proponent for a new project to connect Alberta to the BC coast. This move could reshape the conversation around energy, infrastructure, and economic growth in Western Canada. Beyond the politics, such a development could also have ripple effects on real estate markets along the (currently unknown) route—impacting everything from industrial land demand to residential development in communities tied to the project. With this in mind, we want to hear your perspective:
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Should Canada build a pipeline from Alberta to the BC coast?
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Last Sunday Poll Results
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Last week’s poll was about the Canada Post strike and how it effects you. 43.15% voted that it was a “Minor inconvenience – delays in receiving some statements or notices”
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Poll Results on Question: How does the Canada Post strike impact you?
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Upcoming Dates
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📅 Oct 10th – Canada’s Labour Force Survey (LFS) (employment, unemployment) is released monthly by Statistics Canada. The next LFS report (for September) is scheduled for October 10, 2025 (08:30 ET)
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📅 Oct 29th – The Bank of Canada’s Interest Rate Announcement (Bank of Canada)
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📅 Oct 30th – The Survey of Employment, Payrolls and Hours (SEPH) / job vacancy data are also released; for example, August SEPH and job vacancy data will be updated October 30, 2025. In the most recent data, Canada lost 66,000 jobs in August, and unemployment rose to 7.1 %.
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