UPDATE 2-Canada mortgage purchase plan may wind down - CMHC

OTTAWA, March 24 (Reuters) - Canadian banks have less need of a government program to buy up to C$125 billion ($103 billion) in insured mortgages, based on the results of the latest auctions, a senior official at the government's housing agency said on Tuesday.
03-26-2009 15:07 More...

When it rains, it pours

During an unprecedented Toronto rainstorm in 2004, almost 150 millimetres of water fell during a three-hour period. Rain engulfed entire cars in some areas, while across the northern part of the city basements were flooded, sewers backed up into homes and roofs leaked profusely from the weight of the water.
03-10-2009 12:00 More...