Articles from Global News

Canada Mortgage and Housing Corporation suggests that eliminating interprovincial trade barriers could significantly increase housing starts to nearly 280,000 annually. This prediction highlights the potential rise of 30,000 additional housing units over time. The analysis implies that such a policy change could lead to a boost in residential construction across the country.

The article discusses the key elements of a stylish and comfortable airport outfit. It emphasizes the importance of balancing comfort with style by choosing soft fabrics and relaxed fits. Fashion items that are easy to style and adaptable are recommended to elevate the travel experience.

The Canadian real estate market, expected to recover, may face challenges due to the potential imposition of new tariffs by U.S. President Donald Trump. These tariffs could impact economic conditions and influence housing prices in Canada. Experts are cautious about how such policies might disrupt the anticipated market stabilization and growth.

The U.S. Consumer Price Index (CPI) increased by 0.3% in June, following a smaller increase of 0.1% in May, according to the Labor Department's Bureau of Labor Statistics. The rise in inflation can be partly attributed to the effects of tariffs, which may be impacting prices in various sectors. The article explores how these economic policies are influencing inflation trends. Understanding these impacts is crucial for economic planning and policy adjustments.

Following severe floods in Texas affecting a summer camp, attention has turned to the safety protocols in Canadian camps. Safety experts note that while some risks are unavoidable, there are established procedures and standards that parents in Canada should consider to ensure camp safety. These guidelines are crucial in preventing similar incidents and safeguarding children during camp activities.

Global stock markets are under pressure due to U.S. President Donald Trump's deadline for trade deals with numerous countries. The ongoing uncertainty surrounding these trade agreements is causing fluctuations in global share prices. Markets worldwide are apprehensive as the deadline approaches without clear agreements in place.

The United States, under President Trump and his trade advisers, is applying significant pressure on other countries to complete trade deals. While they insist on meeting set deadlines, there is a possibility that the timeframe for finalizing these deals could be extended. This strategy is part of the administration's broader efforts to renegotiate and enforce more favorable international trade agreements. The outcome of these negotiations could significantly impact global economic relations.

Canada's Natural Resources Minister, Tim Hodgson, announced that the federal government has not yet received a proposal from the private sector for constructing an oil pipeline to the west coast. The anticipated infrastructure project is to enhance crude oil transportation capacity to the Pacific. The government is awaiting private sector initiatives before proceeding with any plans. This development is critical for Canada's energy exports and economic growth.

Enbridge, a company with a vast pipeline network in Canada and the United States, is considering the possibility of constructing a new pipeline to the West Coast. The proposal is contingent upon favorable conditions that justify the project's feasibility. Enbridge has not committed to the project yet, but their readiness to engage in such a venture underscores the potential for expansion in the region.

The Senate has implemented a strict schedule to address Carney's major projects bill. This schedule includes a programming motion that mandates a final vote on the bill by the end of Friday. The bill is being closely monitored and managed to ensure it progresses through the legislative process efficiently.

The Canada Mortgage and Housing Corporation (CMHC) indicates that returning to the housing affordability levels of 2004 in Canada is unlikely. However, the agency sees it as feasible to reach affordability levels similar to those of 2019 by doubling the pace of home construction over the next decade. This goal emphasizes the need for substantial increases in residential building efforts across the country.

The Canadian government, led by Prime Minister Mark Carney, has announced new measures to combat U.S. tariffs on steel and aluminum products. These measures include rules to prioritize Canadian steel and aluminum, as well as tariff-free products from other trade partners. This strategy aims to protect Canada's steel and aluminum industries and ensure the smooth operation of trade under current global conditions.