Tara Deschamps, The Canadian Press

Tara Deschamps is a reporter with The Canadian Press, a national news agency headquartered in Toronto and founded in 1917.

Tech industry warns capital gains proposals could cause ‘irreparable harm’

Policy

Tech industry warns capital gains proposals could cause ‘irreparable harm’

The federal budget is being met with disdain from Canada's innovation industry

By Tara Deschamps, The Canadian Press |April 17, 2024

3 min read

Retail sales down in January as new car sales fell

Economic Indicators

Retail sales down in January as new car sales fell

However, core retail sales came in higher than many economists expected

By Tara Deschamps, The Canadian Press |March 22, 2024

2 min read

RBC to convert HSBC locations once takeover closes

Industry

RBC to convert HSBC locations once takeover closes

Branches and offices being converted into RBC locations will reopen on April 1

By Tara Deschamps, The Canadian Press |March 21, 2024

2 min read

Retail sales fell in November in ‘Black Friday bust’

Economic Indicators

Retail sales fell in November in ‘Black Friday bust’

Canadian consumers are struggling with higher rates, suggests one economist

By Tara Deschamps, The Canadian Press |January 19, 2024

2 min read

Retail sales rose 0.7% to $66.9 billion in October: StatsCan

Economic Indicators

Retail sales rose 0.7% to $66.9 billion in October: StatsCan

Such numbers won't keep climbing, analysts warn

By Tara Deschamps, The Canadian Press |December 21, 2023

2 min read

Toronto home sales little changed in August, but expect volatility: board

Economic Indicators

Toronto home sales little changed in August, but expect volatility: board

Numbers reflect higher borrowing costs and uncertainty about the economy

By Tara Deschamps, The Canadian Press |September 6, 2023

3 min read

Decorative pattern

Economic Indicators

Rent hit a new high in July

The rise is due to a surge in post-secondary students signing leases, population growth and homebuyers holding off on purchases

By Tara Deschamps, The Canadian Press |August 11, 2023

2 min read

Toronto home sales and prices up from last July, down from June

Economic Indicators

Toronto home sales and prices up from last July, down from June

Average cost of a detached home in the market rose 4.8% year over year to top $1.4 million

By Tara Deschamps, The Canadian Press |August 3, 2023

3 min read

Interest rate hikes weighing on cottage market

Economic Indicators

Interest rate hikes weighing on cottage market

Dampened demand expected to lead to price declines

By Tara Deschamps, The Canadian Press |July 12, 2023

4 min read

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