News of the day: Canada's 'investibility' gaps, Alberta oilpatch merger, rotting tax policy, selling your home at a loss, finding common ground and more

It’s Tuesday, Sept. 8. Here are the top stories we’re following today.

CPP research says global pension giants find gaps in Canada’s ‘investibility’ ahead of summit

Prime Minister Mark Carney hopes to attract billions of dollars from large global institutional investors at the Canada Investment Summit next week, but his government will have to remedy a situation in which some fund managers find their most sought-after assets — including energy and transportation — hardest to invest in at scale, according to the research arm of Canada’s largest pension fund.

Consolidation in one of Alberta’s hottest oil plays: Tamarack, Headwater merge in $10-billion deal

Tamarack Valley Energy Ltd. and Headwater Exploration Inc. said they are combining in an all-stock deal worth $10 billion. The merger of two Calgary companies would create Canada’s only publicly traded pure-play producer focused on the prolific Clearwater oil play in northern Alberta.

Canada’s tax policy is rotting from underneath. Here’s how to fix it in the upcoming budget

Canada needs tax reform, but there’s a difference between structural change and a grab bag of politically appealing measures, writes Kim Moody.

Toronto-area homeowners are coming to terms with new reality: selling at a loss

Eight in 10 Toronto-area homes that were purchased in the last three to five years and resold in the first seven months of 2026 changed hands for less than their owners originally paid, according to data prepared by real estate listing website HouseSigma. The median loss was $130,000, or 13.54 per cent. That’s dramatically different from what similarly situated sellers experienced over most of the past decade.

Tim Houston: Now is the time for Canadians to find common ground and get things done

It’s time to make Canada more self-reliant and Nova Scotia is brimming with the energy and resources to get us there, writes Nova Scotia Premier Tim Houston.