Sunday, 28 August 2016

News Brief

1-A Peel Regional police officer was rushed to a trauma centre with serious injuries after being struck by a cruiser in Mississauga on Sunday morning.


2-Bertha Funk received a nasty surprise on her 28th birthday — she lost her citizenship. She has lived in Canada almost her entire life after moving here from Mexico with her family in 1980 when she was 2 months old.She is now virtually stateless after being caught in a citizenship snafu that has affected an unknown number of other “lost Canadians.”

Saturday, 27 August 2016

Ottawa runs nearly $1-billion deficit in first quarter of fiscal year

The federal government ran a $995-million deficit over the first quarter of the fiscal year, an outcome Ottawa says is roughly in line with projections in the March budget.
The nearly $1-billion deficit over the first three months of the fiscal year that began April 1 stands in contrast to a $5-billion surplus over the same three-month period the previous year.

Monday, 22 August 2016

High-rise living increasingly part of GTA’s high-priced housing

High-rise living and sky-high home prices aren't just for downtowners any more.
Toronto is still the hotbed of condo activity, with more than half of sales occurring in the city. But apartments are a hot commodity all over, with sales across the region rising 52 per cent in July compared to the same month last year.
Low-rise home sales declined 32 per cent last month, part of a 7 per cent drop this year to date. But high rises have risen 25 per cent year over year in 2016.