Residents of at least two west-end Toronto condominium apartments have seen their rent double as of July 1, while politicians and experts are weighing in on the growing rental affordability crisis in the city.

With energy prices flat and exports sluggish, having a booming housing industry is not so bad -- as long as the proper policies are in place, the report argues.

Canada's oil industry is likely to improve slightly in the next few years, but don't expect the good old days with soaring oil prices to return any time soon, says a new CIBC Economics report.