News of the day: Oilpatch dealmaking, wealth tax return, bulk condo buyers, cooling foreign job interest, real estate pain and more

Skip to Content News Archives Economy Defence Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Defence Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Defence Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials This advertisement has not loaded yet, but your article continues below.HomeUncategorizedNews of the day: Oilpatch dealmaking, wealth tax return, bulk condo buyers, cooling foreign job interest, real estate pain and moreCatch up on the stories we’re following today“Money follows great returns. That’s our Jedi mind trick,” says Waterous Energy Fund CEO Adam Waterous. Photo by Todd Korol/Bloomberg/FileIt’s Tuesday, Oct. 20. Here are the top stories we’re following today.THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.SUBSCRIBE TO UNLOCK MORE ARTICLESSubscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.REGISTER / SIGN IN TO UNLOCK MORE ARTICLESCreate an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountAdam Waterous’ Calgary-based Waterous Energy Fund, which manages three separate pools of capital, plans to raise approximately $1.4 billion for a fourth fund, matching the size of its third. B.C. Green Party Leader Emily Lowan looks on during the B.C. election provincial leaders’ debate in Vancouver, B.C., on Oct, 14, 2026. Photo by Ethan Cairns/BC Broadcast ConsortiumThis advertisement has not loaded yet, but your article continues below.Final and one-time are flexible words in tax policy. Keep that in mind as British Columbians head to the polls on Saturday, with the B.C. Green Party promising a one-time wealth tax on the province’s richest households plus an annual tax, writes Kim Moody.Get the latest headlines, breaking news and columns.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try again Investment groups are snapping up newly built condos in the Greater Toronto and Hamilton Area. Photo by Peter J Thompson/National Post filesA new report from condo research firm Urbanation Inc. found that investment groups purchased 339 units in bulk transactions during the third quarter, accounting for 45 per cent of new condo sales. A man looks over the job board in the Employment Resource Centre in the Bayside Mall in Sarnia, Ont. Photo by Mike Hensen/The London Free Press filesNew research from Indeed Inc. said that foreign job seeker interest in Canadian jobs has plummeted by more than half since its recent peak in 2023 and broadly coinciding with Canada’s shift toward a tighter temporary-immigration policy. Retail space vacancy at Jasper Ave and 104 Street. Photo by Shaughn Butts/Postmedia filesThere’s talk of a rebound in the commercial real estate sector, but one industry executive who specializes in insolvency says he’s busier than ever.This advertisement has not loaded yet.Notice for the Postmedia NetworkThis website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.