Highlights / luxury

Economy, International, Society

International stolen vehicle operation discovered

Canada, Italy, Turkey, Libya Dozens of stolen vehicles originally from the greater Toronto area, have just been discovered and recovered in an international police operation. The collaboration involved York Regional Police Services (near Toronto), the Canadian Border Services Agency (CBSA) »

Economy, International, Politics, Society

Money laundering in British Columbia: First casinos, now exotic cars

Money laundering definition from the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) : the process used to disguise the source of money or assets derived from criminal activity. There are generally three stages in the process: -Placement: involves »

Society, Sports

Hockey legend’s mansion up for sale

Former star hockey player and now team owner, Mario Lemieux, is selling his castle 145 km northwest of Montreal for just under $22 million. It is not the most expensive house on the Canadian market now, but it’s right up »

Economy, Society

No downturn for luxury houses in Canada

It seems that there is no trouble finding buyers for multi-million dollar homes in Canada’s major cities. A recent press release by the Re/Max real estate firm shows a hot market for houses costing $3-million and up. Recent additional taxes »

Economy, International, Society

Luxury home sales likely to spark controversy

Sales of luxury homes have declined in July and August in the western city of Vancouver while they have gone up in Toronto, according to Sotheby’s International Realty Canada. The news will likely add to the growing controversy over real »