News Room
Housing unaffordability pressures spread beyond Toronto and Vancouver
Photo credit: Yahoo Canada Canada’s housing affordability crisis is spreading beyond its two most expensive cities,according to a new index report from the Canada Mortgage and Housing Corporation (CMHC). Money Canada reports that CMHC’s latest Housing Affordability Composite Index shows affordability pressures have spread to cities such as Ottawa, Montreal and Halifax, even as national…
Honda suspends 15B EV plant in Ontario
Photo credit: CBC Honda has indefinitely suspended its plans for a $15 – billion electric vehicle complex in Ontario due to changing business conditions. CBC reports that the Japanese automaker said last May it was pausing development at the plant, with plans to review where the EV market was at in two years. The decision to more…
Acute hunger grips nearly 20 million people in Sudan
Photo credit: Aljazeera Over 40 percent of Sudan’s population is being faced by acute hunger, according to a report by a global hunger monitor, the three-year civil war having created one of the world’s worst humanitarian crises. Al Jazeera reports that nearly 19.5 million Sudanese people are facing such dire circumstances, the United Nations-backed Food…
Activist flotilla leaves Turkey for Gaza
Photo credit: Washington Post Dozens of boats carrying activists and aid for Palestinians set sail from Turkey’s Mediterranean coast on Thursday in the latest attempt to break Israel’s naval blockade of Gaza – just weeks after Israel intercepted a previous flotilla and detained two activists. The Associated Press reports that more than 50 vessels departed from…
Oil prices edge higher as investors eye Trump-XI meeting amid Iran war
Photo credit: The Economic Times Oil prices edged up Thursday as investors awaited a meeting between US President Donaald Trump and Chinese President XI Jinping later in the day, as traders focused on the Iran war. Business Standard reports that Brent crude futures were up 13 cents, or 0.12 per cent, to $1o05.76 a barrel by 0015 GMT,…
Cuba runs out of fuel and diesel
Photo credit: Arise News Under a continuing US blockade, Cuba has absolutely no reserves of diesel or fuel oil, said the country’s energy minister “We have no fuel oil, no diesel,” Vicente de La o Levy was quoted as saying by local media. “We have absolutely no fuel (oil), and absolutely no diesel,” Energy Minister Vincent…
Canada’s largest Indigenous dance performance comes to town
On Friday night, the past and present will merge at the S|t. Lawrence Centre for the Arts. Toronto Today reports that 110 Indigenous youths will don colourful costumes and express themselves through traditional dance with a modern twist. These dancers travelled to Toronto from all over the country this week to participate in Canada’s largest…