The federal government will continue to ban foreign nationals from buying homes in Canada for another two years as housing affordability concerns continue to trouble cities across the country. Finance Minister Chrystia Freeland made the announcement today, saying Canada is extending its foreign homebuyer ban up until 2027. Under the ban, which first came into effect in 2022, non-Canadian people, including permanent residents, and commercial enterprises are prevented from buying homes here. Freeland issued a statement saying the extension will ensure houses are used for homes for Canadians and

Prime Minister Justin Trudeau has confirmed that his government is considering imposing sanctions on Israeli citizens involved in violence in the West Bank. Answering questions from journalists in Waterloo, Ontario on Friday, he said that violence in the West Bank cannot be tolerated at all. The prime minister said Canada is looking at how to deal with those responsible for the violence and is considering possible sanctions. It is to be noted that this strong comment of Trudeau has come when US President Joe Biden has announced the imposition of financial and travel restrictions on Israeli c

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

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

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

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

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

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

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