CanadaFeb 02, 2024
Huge boom recorded in Calgary home sales
Calgary’s housing market posted a strong start to 2024, with 1,650 homes sold in January – a 37.7 per cent increase compared with the same month last year, according to the Calgary Real Estate Board (CREB).
The unadjusted residential benchmark price rose to $572,300, up 10 per cent year-over-year. Apartments led the growth, with sales up 54 per cent from January 2023.
Despite more homes hitting the market – new listings climbed 15.4 per cent – supply remains tight. With just 2,150 active listings, Calgary recorded its lowest January inventory since 2006.
CREB analysts say much of the d
CanadaFeb 01, 2024
Liberals delay expansion of assisted dying eligibility until 2027
The Liberal government has delayed the Medical Assistance in Dying program until 2027 for people whose only illness is mental illness.Health Minister Mark Holland introduced the Bill in this regard in the House of Commons this morning.Holland said this would give the parliamentary committee another two years to assess whether the health system is ready for this.Holland and Justice Minister Arif Virani said they agree with a recent parliamentary committee report that Canada's medical experts are not yet ready.The current deadline for the implementation of the Medical Assistance in Dying Program
CanadaFeb 01, 2024
The Government of Canada has opened the registration of the National Dental Care Plan for people over 72 years of age
The Government of Canada has opened registration for the National Dental Care Plan for seniors aged 72 years and above from Thursday.
Benefits under this program are due to begin in May, but Canadians with seniors aged 87 years and older have been registered for the program since December. In January, people aged 77 to 86 were invited to apply, now in March, seniors aged 70 to 71 will be invited to apply.
According to Health Minister Mark Holland, more than 40 thousand seniors have registered for the National Dental Care Plan so far. This program provides dental coverage to Canadians who do
CanadaFeb 01, 2024
It will rain in Calgary in the coming days
According to Environment Canada, rain is expected in Calgary in the coming days. Along with this, the temperature is expected to be high during the day and low during the night.
It will be sunny in the city today and the temperature may be 10 degrees Celsius during the day and 2 degrees Celsius at night. Friday will be cloudy with daytime temperature of 9 degrees Celsius.
Saturday 1 to 3 PM Rain and 1 to 2 cm of snow is expected. On Saturday, the temperature will be 4 degrees Celsius during the day and minus 6 degrees Celsius during the night. Similarly, the cold is going to increase on Sund
CanadaFeb 01, 2024
European Union agrees on a new 50 billion-euro aid package for Ukraine despite Hungary's veto threat
A top European Union official says the 27 EU countries have sealed a deal on new aid for Ukraine just over an hour into a summit of the bloc's leaders and despite threats from Hungary to veto the move.
“We have a deal,” European Council President Charles Michel said in a post on X, formerly known as Twitter. He wrote that all “27 leaders agreed on an additional 50-billion-euro ($54 billion) support package for Ukraine within the EU budget.”
The announcement came despite staunch objections from Hungary in December and in the days leading up to Thursday's summit in Brussels. It was not i
CanadaJan 31, 2024
Canada’s fertility rate hit all-time low in 2022, Statistics Canada says
Statistics Canada says the country’s fertility rate reached an all-time low of 1.33 children per woman in 2022.
The federal agency says that's part of a downward trend that began in 2009.
The COVID-19 pandemic appeared to have temporarily disrupted the trend when the fertility rate rose in both 2020 and 2021.
According to the report, other countries had a similar experience during those years.
The decline in the fertility rate between 2021 and 2022 is the largest observed since the baby bust in the early 1970s.
StatCan says it puts Canada in the middle of the pack of 10 high-income countries
CanadaJan 31, 2024
Economic bounce back at the end of 2023 could push back rate cuts, economists say
Canada's economy appears to have ended 2023 on a stronger note than expected, which economists say could push back the timeline for interest rate cuts this year.
Statistics Canada reported Wednesday the economy grew 0.2 per cent in November, marking the first expansion in six months.
A preliminary estimate suggests real gross domestic product increased 1.2 per cent on an annualized basis in the fourth quarter, following a decline of a similar magnitude in the third quarter.
That would bring economic growth in 2023 to 1.5 per cent, StatCan said.
Those figures exceed the Bank of Canada's forecas
CanadaJan 30, 2024
Trudeau's holiday travel didn't break rules: Ethics Commissioner
The federal ethics watchdog is asking parliamentarians and the public to read between the lines about advice he gave to Prime Minister Justin Trudeau before his recent holiday trip.
Konrad von Finckenstein told a House of Commons ethics committee today that under the Conflict of Interest Act, he can't publicly disclose conversations he's had with politicians.
But he says that if Trudeau's stay at a family friend's property in Jamaica had been unacceptable, it would've been recorded on his office's website and nothing is there.
Trudeau's office said earlier this month that the family's stay was
CanadaJan 30, 2024
After pausing funding to UNRWA, Canada will send another $40M in aid for Gaza
Canada is sending another $40 million in aid to organizations that are helping Palestinians in Gaza after pausing funding to the UN's relief agency in the region.
The funding will go to groups including the World Food Program, UNICEF, the World Health Organization and the International Committee of the Red Cross.
Canada suspended funding to UNRWA, the UN agency that supports Palestinians in Gaza, in response to allegations that its staff played a role in the Hamas attack in Israel on Oct. 7.
That came after international outcry when the agency's director fired staff members suspected of being