The rent-versus-buy debate has long divided financial experts and aspiring homeowners, with no clear winner in sight.
The traditional argument holds: While buying a home can build long-term equity and stability, renting can provide flexibility and fewer upfront costs. But as home ownership becomes a far-fetched dream for many young Canadians, can renting for life be a viable option?
Montreal Mayor Valérie Plante is asking the Quebec government to appoint a “top gun” for homelessness ahead of an expected provincial cabinet shuffle.
She made the request at a news conference on Tuesday during which she also proposed to spend nearly $22.5-million to tackle homelessness.
Crews fighting an out-of-control wildfire near Port Alberni, B.C., say they are taking advantage of recent rainfall to guard against the blaze flaring up again.
In a video message posted on its Facebook page, the BC Wildfire Service says there are 144 personnel working on the Mount Underwood blaze and they’re starting to “mop up” areas at the fire’s perimeter by extinguishing hot spots.
Ontario’s long-standing beer retailer is continuing to close locations, adding to a lengthy list of shutdowns announced as Ontario expands where alcohol can be sold in the province.
On Monday, The Beer Store announced it is closing 12 more locations across the province.
Quebec City has started synchronizing traffic lights with the use of Google’s artificial intelligence, technology the city says will improve traffic flow, reduce congestion, and lower greenhouse gas emissions.
According to Google Canada GOOGL-Q, Quebec City is the first municipality in the country to partner with the web giant’s Green Light project, which the company offers free of charge to cities.
Loblaw Cos. Ltd. L-T says it has completed its plan for a four-for-one stock split of its common shares.
The grocery and drugstore retailer says its common shares began trading on a post-split basis as of market open on Tuesday.
Canadians who want to repair their own Apple AAPL-Q devices can now get parts, tools and manuals from the tech giant, which brought its self-service repair program to the country on Tuesday.
The program gives customers free access to manuals and diagnostic software that help troubleshoot issues with iPads, iPhones and Macs. Customers are then able to purchase any parts and rent or buy the tools necessary to make repairs.
Air Canada AC-T is set to resume flying Tuesday after reaching a tentative labour agreement early this morning with the union that represents its 10,000 flight attendants, who have been on strike since Saturday.
“The strike has ended,” Canadian Union of Public Employees said in a statement posted to social media. “We have a tentative agreement to bring forward to you.”
Health Canada has approved Ozempic to reduce the risk of further kidney decline among patients with Type 2 diabetes.
Between 30 and 50 per cent of people with Type 2 diabetes develop some form of chronic kidney disease.
Good morning. Air Canada flight attendants have reached a tentative agreement with the airline to end their strike – more on that below, along with the continued risk of wildfires and Cambridge Dictionary’s nod to Gen Z. But first:
© Sammy Kogan
Canada’s annual inflation rate eased to 1.7 per cent in July from 1.9 per cent in the prior month as lower year-on-year gasoline prices kept the consumer price index low, but core measures of inflation stayed sticky, data showed on Tuesday.
Analysts polled by Reuters had forecast the annual inflation rate at 1.8 per cent and the monthly inflation rate at 0.3 per cent. The CPI increased by 0.3 per cent in July from 0.1 per cent in June on a monthly basis, Statistics Canada said.
Near the Easter Seals Camp in Squamish, B.C., dozens of children from as far away as Toronto and Montreal passed the time on Monday kicking a soccer ball around a field and singing Ukrainian songs around a fire. These are some of the summer activities the camp’s staff were using to distract the young campers – a group that includes Ukrainian refugees – from the fact that they couldn’t return home.
About 150 scouts are stuck at the camp owing to the strike by flight attendants at Air Canada, which has grounded the airline’s flights and disrupted travel for an estimated 130,000 passengers a day.
Jahvai Roy, the eight-year-old boy who was struck and killed by a stray bullet while he was in his bed with his mother early Saturday morning in Toronto, was a budding activist against violence, a family spokesperson said in an interview.
The child, whose death has sparked outrage and calls for action on gun crime, was the youngest member of an organization devoted to stamping out violence in Canada’s largest city, Marcell Wilson said Monday.
Foreign Affairs Minister Anita Anand said Monday the federal government is leaving “no stone unturned” to defend Canada’s North as changes in the global order in recent years are having direct implications for Canada’s Arctic sovereignty.
But one expert in international relations says Canada is being left out of crucial talks, with Prime Minister Mark Carney not among the leaders who gathered Monday at the White House for talks on the future of Ukraine.
Nova Scotia Premier Tim Houston says the weather is not co-operating in his province’s fight against a major wildfire burning out of control in the Annapolis Valley.
“Unfortunately, the weather this weekend was not in our favour. The dry conditions continued. The heat continued. The wind was blowing the wrong way. All terrible news when you’re facing a fire,” Houston told reporters on Monday.
The battle between Air Canada and its flight attendants – which has boiled over into an illegal strike, stranding travellers and grounding planes – includes a fight over unpaid work that could set a precedent for other major carriers in Canada and around the world, experts say.
A key demand of the Canadian Union of Public Employees (CUPE), which represents 10,400 flight attendants with Air Canada and its subsidiary Air Canada Rouge, is compensation for what is called “ground time.”
© DARRYL DYCK
Prime Minister Mark Carney and Ontario Premier Doug Ford put the focus on making Canada globally competitive rather than securing a trade deal with the United States as they met in Ottawa on Monday.
Carney and Ford were meeting on Parliament Hill as trade talks with the United States show little signs of progressing.
I once had the pleasure of interviewing Apollo 13 commander James Lovell when I was a reporter at The Globe and Mail.
It was in 2009 and I was writing a story to mark the 40th anniversary of Apollo 11, the first moon landing.
Canada is leading the way when it comes to volunteering to work at the 2026 FIFA World Cup.
Organizers of the Canadian end of the tournament say Toronto and Vancouver rank one-two among the 16 host cities in the number of applications.
An expert who has disposed of bombs in some of the world’s most dangerous places says European governments pinning their security hopes on land mines are turning to an ineffective tool that will only spread misery and hunger.
“It’s an outdated technology that can quite quickly be rendered useless,” said Gary Toombs, a senior explosive disposal technician with the charity Humanity and Inclusion.
Federal officials are warning the public that they expect an elevated risk of wildfires across much of the country from now until the end of September.
For August, increased fire danger is expected over much of Western Canada and the Northwest Territories, according to a technical briefing for media. Southern British Columbia, Alberta and Saskatchewan are expected to have the highest risk given dry conditions and warmer-than-normal temperatures.
Two former Indigenous leaders on both sides of the debate over the Trans Mountain pipeline expansion say the federal government can’t ignore First Nations on future infrastructure projects it seeks to approve.
Their comments come as Prime Minister Mark Carney aims to fast-track major projects, such as pipelines and mines, through his government’s newly adopted “Building Canada Act.”
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A manatee was recently spotted off the coast of Massachusetts for the first time in almost a decade. The threatened species usually makes its habitat in warmer southern Gulf waters, so scientists want to monitor its condition to see if a rescue is necessary.
© DUANE COLE
At least 98 structures have been lost to devastating wildfires in Newfoundland, the Premier said Monday, but it will take time before some of the thousands forced to flee their homes have an update on the state of their properties.
Premier John Hogan flew over the Conception Bay area recently to survey the damage from the Kingston wildfire, but he said it’s hard to see what’s happening on the ground from a helicopter. Between the thick smoke and the scale of destruction, he said it’s difficult to pinpoint individual neighbourhoods from the sky
Katie Hulan’s family doctor thought she might have asthma.
Her cough, which had started about a month and a half earlier, was getting progressively worse. So he gave her some puffers to try, but they didn’t work.
Sue Carstairs holds a painted turtle in her gloved hands and points out its injuries: a fractured shell and wounded underside from being hit by a car. It looks displeased at the inspection.
Two wires are holding together the broken shell, with bandage tape keeping it in place.
©
Good morning. Air Canada says it will resume flights later today, despite the union representing flight attendants saying they have no intention of ending the strike. More on that below, plus concepts of a plan to make peace between Russia and Ukraine, and a generational shift in parenting. Let’s get to it.
Calgarian Emi Bossio, who has been battling lung cancer for six years, spent nine days in intensive care last summer after falling ill with COVID-19. She suffered a pulmonary embolism and had pneumonia in both lungs.
“I came really close to dying,” she said.
Industry Minister Mélanie Joly will meet this week in Sweden with the company behind a fighter jet that could replace some of the planes Canada has already committed to purchasing from the United States.
A government source with knowledge of the minister’s plans confirmed that she will meet with Saab along with other businesses in Sweden. The Globe and Mail is not naming the source, who is not authorized to publicly discuss details of the trip.
Newfoundland officials lifted evacuation alerts for the communities close to the capital of St. John’s on the weekend as cool weather helped crews contain one of several out-of-control wildfires in the province.
The wildfire at Paddy’s Pond, about 15 kilometres southwest of the city’s downtown core, had about 20,000 people on evacuation alert. The provincial government said in a news release on Sunday that crews were holding the fire “steady” and containing any hotspots.
Ontario real estate agents reported just eight large cash transactions over the past year to the federal anti-money-laundering watchdog, according to new figures.
The multibillion-dollar real estate market is at high risk for money laundering, experts say.
However, the low number of reports – which is down substantially from previous years – could be due, at least in part, to brokerages implementing no-cash policies.
© JONATHAN HAYWARD
Voters in a sprawling riding in central Alberta are returning to the polls on Monday for the second time in four months in a federal by-election that is expected to return Conservative Leader Pierre Poilievre to Parliament.
Mr. Poilievre lost the Ottawa-area seat he had held for decades in the April general election, a blow that compounded the Conservative Party’s failure to defeat the governing Liberals after months of leading them in the polls.
Officials in Nova Scotia say a wildfire in the western part of the province has grown and could force people out of their homes, while cooler temperatures and low winds have helped firefighters in Newfoundland and Labrador.
The Long Lake wildfire is expected to grow, said Scott Tingley, manager of forest protection with Nova Scotia’s Natural Resources Department.
The last group of wildfire evacuees forced from their Vancouver Island homes by a blaze north of Nanaimo were allowed to return over the weekend after crews got the fire under control.
The BC Wildfire Service announced Saturday afternoon that crews have made significant progress in combating the Wesley Ridge blaze burning near Cameron Lake.
Susan Eng brought a steely resolve to the many campaigns she waged in the fight for social equity.
But her unflinching public demeanour could be cracked by an old and heavily creased piece of paper that spoke to an unjust chapter of her family’s history: her father’s Chinese head-tax certificate.
© Jim Ross
The union that represents thousands of support staff at Ontario’s colleges says the workers have voted to authorize a strike.
The Ontario Public Service Employees Union says in a news release that members voted 77.3 per cent to authorize a strike, if necessary, to “secure respect at the bargaining table” and secure a contract the workers deserve.
Prime Minister Mark Carney says U.S. President Donald Trump is “creating the opportunity to end Russia’s illegal war in Ukraine.”
Carney is praising the U.S. government’s efforts to end the war in a statement today, after Trump met with Russian President Vladimir Putin in Alaska on Friday.
A British Columbia legislator said he went from “disappointed” to “enraged” after receiving a pitch from a Republican state senator for Canada’s four western provinces to join the United States.
Brennan Day, with the Opposition B.C. Conservative Party, said his office had to first confirm the authenticity of the “nonsense” letter from Maine Sen. Joseph Martin after receiving it last week.
Canadian Prime Minister Mark Carney on Saturday welcomed what he said was U.S. openness to providing security guarantees to Ukraine under a peace deal to end Russia’s war against Kyiv.
Zelensky to meet Trump on Monday after U.S.-Russia summit failed to secure ceasefire
“Robust and credible security guarantees are essential to any just and lasting peace. I welcome the openness of the United States to providing security guarantees as part of Coalition of the Willing’s efforts,” Carney said in a statement.
© Blair Gable
The federal government ordered Air Canada and its flights attendants into binding arbitration Saturday in an effort to put an end to a strike that has upended the travel plans of hundreds of thousands of people during the height of summer season.
Federal Jobs Minister Patty Hajdu said she had directed the Canada Industrial Relations Board to order the parties “to resume and continue their operations and duties,” and to extend the terms of the existing collective agreement until a new one is determined by the arbitrator.
© Graham Hughes
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