U.S., Canada to join multi-national operation to counter attacks on commercial ships in Red Sea

U.S., Canada to join multi-national operation to counter attacks on commercial ships in Red Sea

The United States, Canada and a host of other nations are creating a new force to protect ships transiting the Red Sea that have come under attack by drones and ballistic missiles fired from Houthi-controlled areas of Yemen, U.S. Defence Secretary Lloyd Austin announced early Tuesday in Bahrain. The seriousness of the attacks, several of … Read more

BP pauses Red Sea shipments as another commercial vessel is attacked near Yemen

U.S., Canada to join multi-national operation to counter attacks on commercial ships in Red Sea

A Norwegian-owned vessel was attacked in the Red Sea on Monday in a strike that U.S. officials said originated from Yemeni territory controlled by the Iran-aligned Houthi movement. The attack on the M/V Swan Atlantic was the latest in a series on ships sailing the sea since the start of the Gaza war. There was … Read more

Annual pace of housing starts in Canada down 22% in November, says CMHC

Annual pace of housing starts in Canada down 22% in November, says CMHC

The pace of housing starts in Canada fell by 22 per cent in November, the Canada Mortgage and Housing Corp. said Friday. The agency says the monthly seasonally adjusted annual rate of housing starts in November came in at 212,624 units, down from 272,264 in October. A housing start is defined as the beginning of construction work … Read more

security breach: Shashi Tharoor slams HM Amit Shah for not issuing statement on Parliament Security Breach – The Economic Times Video

security breach: Shashi Tharoor slams HM Amit Shah for not issuing statement on Parliament Security Breach – The Economic Times Video

Speaking on the incident of Parliament security breach, Congress leader Shashi Tharoor on December 15 hit out at Home Minister Amit Shah and said that he didn’t give a statement in the house about the shocking incident.He further said, “The first place to which any government minister is accountable is Parliament. He (Amit Shah) could … Read more

Tensions emerge in the Liberal caucus over Canada’s UN vote for a Gaza ceasefire

Tensions emerge in the Liberal caucus over Canada’s UN vote for a Gaza ceasefire

The federal government’s decision to back a UN resolution calling for a ceasefire in the Israel-Gaza conflict without certain conditions has prompted a mix of reactions from Liberal MPs. Some say they hope it will bring about peace. Others say it amounts to Canada abandoning Israel while it’s at war with extremists. Some Liberal MPs take issue … Read more

National pharmacare plan is in limbo as health minister calls pending deadline ‘arbitrary’

National pharmacare plan is in limbo as health minister calls pending deadline ‘arbitrary’

Health Minister Mark Holland signalled Tuesday the government is unlikely to meet the end-of-the-year deadline imposed by the NDP for passing pharmacare legislation — a condition of the supply-and-confidence agreement that was struck to keep the Liberals in power until 2025. Holland said talks are ongoing with NDP MP Don Davies, the party’s health critic, … Read more

Time’s up for some short-term rentals in B.C. as new housing rules look set to transform scene

Time’s up for some short-term rentals in B.C. as new housing rules look set to transform scene

Nancy Paine’s short-term rental business is dead in the water. As co-founder and CEO of Victoria-based Superhost, Paine said she had been at the forefront of the Airbnb revolution for seven years, acting as a “liaison” for homeowners needing help with the logistics of running a listing on the accommodation site. At the peak of … Read more

Expect some food prices to get cheaper next year — but typical grocery bills may still go up by $700

Expect some food prices to get cheaper next year — but typical grocery bills may still go up by 0

Savvy shoppers should be able to find a few bargains at the grocery store next year, but even with prices for some essentials falling the typical Canadian family’s overall grocery bill is set to increase by about $700 next year. That’s the main takeaway from a closely watched annual report on the food industry, the … Read more

Cost-of-living crisis squeezes Europe’s housing – POLITICO

Cost-of-living crisis squeezes Europe’s housing – POLITICO

Are you a 30-something professional looking to settle down and buy your first home in a friendly, welcoming European city? Think again. Rising real estate prices have turned home ownership into an increasingly unachievable dream for many Europeans — an issue compounded by the cost-of-living crisis, which has hit city residents and poorer households especially … Read more