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Ari Altstedter

Ari Altstedter

Reporter at Bloomberg News - Toronto Bureau

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Influence score
19
Phone
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Location
Canada
Languages
  • English
Covering topics
  • Society
  • Real Estate
  • Finance & Banking Services

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Recent Articles

bloomberg.com

The ‘Canada Drip’ Helps Absorb Shock of US Tariffs

(Note to Supply Lines readers: Starting tomorrow, you’ll get our new Business of Food newsletter each Friday, a weekly look at how the world feeds itself in a changing economy and climate, from farming to supply chains to consumer trends, that replaces the Global Food Edition of Supply Lines.)
bloomberg.com

Doubling Home Construction Will Barely Improve Affordability in Can...

Doubling the pace of homebuilding in Canada will only bring affordability back to levels seen right before the Covid-19 pandemic, according to a new government report that lowers expectations for the impact of construction on housing costs.
bloomberg.com

How to Steal a House

When Arash Missaghi was murdered in suburban Toronto last year, his killer accused him of swiping properties and ruining his investors’ lives.
bloomberg.com

Toronto Developers Stay Afloat Borrowing Against Unsold Condos

Real estate lender Nav Deo has been taking a lot of calls from Toronto developers that suggest things are getting desperate.
bloomberg.com

Canada’s H&R Says It’s in Talks on Potential Sale

H&R Real Estate Investment Trust, one of Canada’s largest publicly traded real estate companies, is in discussions with multiple parties about a potential transaction that may result in a sale.
bloomberg.com

Canadians Furious About Trump Flee Their Private Florida Community

The private Florida community of Windsor is less than a two-hour drive from Donald Trump’s Mar-a-Lago, yet worlds away in terms of vibes.
bloomberg.com

Canadian Home Sales Rise for Fourth Straight Month as Buyers Return

Canadian home sales rose for a fourth straight month as growing confidence the economy will weather US tariffs draws more buyers back into the market.
bloomberg.com

‘Just Being Ghosted’: Canada’s Youth Face Deepening Job Crisis

Landing an entry-level role is getting more difficult as companies pull back on hiring.
bloomberg.com

A Real Estate Mogul Fights With Canadian Pension Funds Over Mall Space

Few people in Canada had heard of Ruby Liu when she emerged this year with an ambitious plan to reinvent dozens of shuttered Hudson’s Bay Co. outlets, the remnants of a bankrupt department store chain that’s played an outsize role in the country’s history.
bloomberg.com

Canada Home Sales Rise for Fifth Month as Inventory Lures Buyers

Canadian home sales rose for a fifth straight month as a buildup of listings lured buyers back to the market.
bloomberg.com

Hamptons of Canada Is Ensnared in Alleged Mortgage Fraud Scheme

A Toronto businessman is accused of using community connections to sell investments in lake country mortgages — and misappropriating the money.