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The Daily Money: Canada cools on American real estate


Good morning! It’s Daniel de Visé with your Daily Money.

Belligerent rhetoric from the White House and combative trade negotiations are denting Canadian interest in owning American property, just as the housing market south of their shared border is starting to cool.

Canadians made up the biggest share of foreign buyers of U.S. residential real estate in 2024. But now, their interest seems to be waning.

Being openly gay, trans or nonbinary at work just got tougher

Five years ago, a technology executive landed a seat on the board of directors of a big corporation. As a person of color who identifies as nonbinary, they were thrilled: Their new company not only embraced their professional credentials, it touted their gender identity, as well.

But with attacks on diversity, equity and inclusion spiking as a polarized nation hurtled toward the 2024 election, corporations retreated from public expressions of support for gay, transgender and nonbinary rights. Suddenly, their company did not seem so proud.

After years of civil rights advances and hard-fought wins in the workplace, being openly gay, trans or nonbinary in corporate America just got tougher – especially at the top.

Juneteenth faces a DEI backlash

As protests against racial injustice gripped the nation in 2020, major corporations rushed to observe Juneteenth and give their employees the day off. 

Five years later, they are still commemorating the holiday, but not with the same fanfare.

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About The Daily Money

Each weekday, The Daily Money delivers the best consumer and financial news from Paste BN, breaking down complex events, providing the TLDR version, and explaining how everything from Fed rate changes to bankruptcies impacts you.

Daniel de Visé covers personal finance for USA Today.