Canada’s ban on foreign homebuyers is nearing its expiry, with the federal government considering various options for what comes next. Finance Minister François-Philippe Champagne said the government is looking at all aspects of the issue, including the current state of the housing market and how it has changed over the past few years. The ban was first introduced in 2023 as part of efforts to curb housing prices and was later extended for another two years. It is currently set to remain in effect until January 1, 2027. Reports suggest that higher interest rates following the COVID-19 pande

Elon Musk has made his latest comments on Canadian sovereignty, appearing to encourage separatist movements in three provinces. Musk, who studied at Queen’s University in Ontario and has described himself as half Canadian, wrote on his social media platform X that Quebec, Alberta and Saskatchewan should separate from Canada. He said he supports people who want to make their provinces independent. Musk’s comments came after the separatist Parti Québécois formed a minority government in Quebec following elections, with a promise to hold a third referendum on independence. In Alberta, resid

A major traffic incident has been reported on Highway 1 near Sumas Way in Abbotsford, where a grain-loaded semi-truck overturned. The crash forced the closure of several highway lanes, causing significant traffic disruptions. No injuries have been reported in the incident. Abbotsford Police and emergency crews attended the scene to manage the situation. Highway 1 was reduced to a single lane in both directions, while the westbound on-ramp from Sumas Way was also closed. Police urged morning commuters to exercise extreme caution while travelling through the area, use alternate routes where poss

A Conservative motion calling for additional federal tax relief on diesel has been defeated in the House of Commons. The motion called for all federal taxes on diesel to be fully suspended until July 1, 2027. It also sought tax incentives to increase domestic diesel production in Canada. The federal government has already extended a temporary suspension of the federal fuel excise tax on diesel until Jan. 31, 2027. The Conservatives argued that further reducing diesel costs could help Canadians save at gas stations and grocery stores because diesel is an important part of the transportation and

A man facing charges for allegedly threatening the life of Canadian Prime Minister Mark Carney and making threats against him could face a lengthy prison sentence. Prosecutors say that beyond the threats against the prime minister, the accused is also facing serious charges including extortion, which could result in an even longer prison term. Thirty-one-year-old Jamie Da Costa appeared in court by CCTV on Wednesday, while his lawyer was present in person. His lawyer requested until October 13 to review the case. Da Costa is currently being held at the Calgary Remand Centre. He is accused of t