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A collection of 11 posts

Canada's Carney Government Releases 2027–29 Immigration Plan, Per CBC

Ottawa Lays Out Three Years of Targets Canada's government under Prime Minister Mark Carney has released its immigration plan for 2027 through 2029, according to CBC. The plan targets 380,000 new permanent residents a year, alongside 370,000 new temporary residents a year made up of workers

Canada's Housing Crash Is Approaching America's 2008 Bust, BMO Says

A correction on a 2008 scale Canada's housing crash is now approaching America's 2008 bust, per BMO. Canadian home prices have fallen 20.5% nationally from their early-2022 peak, close to the 26% decline the US saw during the 2008 housing crash, according to BMO

US Ambassador Warns Canada Could Shoulder Blame If Midterms Go Against Trump, per CTV

Washington's messaging to Ottawa is getting blunt ahead of the midterms, per CTV. The US ambassador warned that Canada could shoulder blame if the midterm elections go against President Donald Trump, per CTV. The warning ties Canada's trade relationship with the United States directly to the

Canada Is Preparing for a Long Shot US Invasion, Per BBC

Canada Is Preparing for a Long Shot US Invasion, Per BBC

Carney says preparing for the unthinkable is risk management Canada is preparing for a long shot US invasion, a scenario Prime Minister Mark Carney says he has war gamed even though the risk is low and the likelihood is highly improbable, per the BBC. Carney told The New York Times

More Than Half of Canadian Parents Are Still Bankrolling Their Adult Kids

The Bank of Mom and Dad Is Open More than half of Canadian parents are helping their adult children financially. An RBC survey of 1,000 Canadian parents with adult children aged 18 to 40 found that 51% provided financial assistance in the past year. The average tab was $6,

Canada to Fast-Track Pacific Link Oil Pipeline to Diversify Economy Away From the U.S.

The Announcement Prime Minister Mark Carney said Thursday that Canada will fast-track the approval process for a new proposed crude oil export pipeline to its west coast. The Pacific Link pipeline could generate over C$20 billion ($14 billion) a year in GDP. Ottawa will officially list the project

Google search results to block Canadian news outlets

Per CNBC After the passage of Bill C-18, Google search results will now block Canadian news outlets. This comes after the bill would've required platforms owned by Google and Meta to pay newsrooms for linking to their content. Should they not have decided to block Canadian news

Meta social media sites will end news access for Canadians ahead of Bill C-18 'Online News Act'

Per CBC Canada's Online News Act Bill C-18 is pushing forward, and before it happens, Meta has decided to block access for Canadians to news on the site. This comes as the bill would require Meta and Google to pay publishers to use their content. Meta gave

Canada's mortgage payments could spike up to 40%

Per Bank of Canada Recently, the Bank of Canada shared its findings regarding the financial situation of the country in its Financial System Review - 2023 report. The bank detailed what fixed-rate and variable-rate mortgages were experiencing. It was reported that for variable payments, these buyers already experienced close

Canada will stop funding projects connected to foreign military, including those with affiliations to China

Per Bloomberg Canada has decided to make a firm decision about funding projects that have affiliations with a foreign military. The government gave a decision regarding how it is making these decisions to protect itself. “This new action is one of many significant steps the government of Canada is taking

Canada's British Columbia Decriminalizes Owning 2.5 Grams of Illegal Drugs for Adults 18 and Older

Per British Columbia Government Canada's British Columbia has just announced that it will no longer subject adults aged 18 and above to criminal charges if they are caught owning less than 2.5 grams of illegal drugs. Aside from no more charges, the drugs will also not be