Canadian home building rebounds on condos

[np_storybar title=”China’s housing crackdown may drive cash to Canada’s condo market” link=”https://business.financialpost.com/2013/03/05/chinas-housing-crackdown-may-drive-cash-to-canadas-condo-market/?__lsa=0dff-7601″%5DA crackdown on real estate ownership in the world’s most populous county this week might translate into more money in Canada’s real estate market. Read more [/np_storybar]OTTAWA — A big month-to-month jump in multi-unit housing construction is being credited with a higher rate of Canadian housing starts in February.Canada Mortgage and Housing Corp. says its seasonally adjusted rate of housing starts rose to 180,719 units in February, up from 158,998 in January.The main reason for the increase in housing construction was an 18.4% rise in urban starts, led by a 27.7% increase in multiple-unit dwellings such as condos and apartments.The actual number of housing starts last month, without seasonal adjustments, was down year-to-year.There were 10,965 starts last month, down from 12,247 in February 2012. read more

Gayle glad to repay Kings XI Punjab faith

Windies star Chris Gayle with Kings XI Punjab co-owner and Bollywood diva Preity ZintaSportsMax– Fresh off scintillating knocks for Punjab Kings XI Windies star Chris Gayle insists he is happy to repay the faith shown in him by the franchise and its team mentor Virender Sehwag who may just have ‘saved the IPL.’ The 38-year-old Gayle, who was close to having no takers in the IPL draft before being swooped up by Kings XI in the third round, has certainly proved to be a bargain so far with whirlwind knocks of 63 and 104 in impressive wins for the franchise.  On Wednesday Sehwag took to social media platform Twitter to joke that Gayle selection might just have saved the IPL, the West Indian agreed.“I’m always determined. I always give it my all for whatever franchise I represent. I’m a 100 percent. Like I said, it’s a new franchise. A lot of people might say that Chris has a lot to prove – he didn’t get selected or wasn’t picked early in the auction. I think Virender Sehwag has saved IPL by picking me. This is a brilliant start,” Gayle said in a post-game interview on Thursday.Initially, Gayle who was released by Royal Challengers Bangalore ahead of the IPL, was expected to play more of a substitute opener role for the franchise, after his performances in the last two games, however, it could be time to reconsider those terms.“Viru said in an interview that if Chris Gayle can win us two games, we have got our money’s worth. I’d like to have another word with Viru and see what happens from thereon,” he added. Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)RelatedPunjab quick Tye looks forward to bowling to ‘scary’ GayleFebruary 12, 2018In “Sports”IPL: RCB said they’d call me back, but they didn’t – GayleMay 1, 2018In “Sports”Gayle, Yuvraj worth the money ‘even if they win two-three games’ – SehwagMarch 13, 2018In “latest news” read more