Timmins police expand staff to meet modern policing needs
Timmins police are hiring a finance associate and other support staff as part of a modernization push. Chief Sydney Lecky says the new roles will reduce officer paperwork and improve efficiency. Lydia Chubak reports.
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Globe and Mail
16 minutes ago
- Globe and Mail
Robertson not ruling out government aid for residential real-estate sector
The federal Housing Minister says the government is considering some form of intervention to deal with turmoil in the residential real estate sector, which has led to slumping sales across Canada, the cancellation of new housing projects and layoffs in the land development industry. Gregor Robertson said Ottawa is trying to decide what to do about the situation, which is raising alarm in the industry. 'We're looking at what tools and actions we can take federally to kickstart the market,' the former Vancouver mayor told The Globe and Mail. 'We've got to look at how to best support and intervene where needed.' A downturn in the real estate market has prompted developers to delay and cancel projects, which has raised concerns about the impact on new home construction as governments look for ways to address a housing shortage. In Calgary, condos become a hard sell Opinion: Buyers walk away from presale purchases in Vancouver's hurting condo market In a report this week, Bank of Montreal noted that Toronto condo sales have 'melted' to more than 30-year lows, which is halting new projects. The same report said condo starts across Canada's largest cities have fallen sharply and are now down about 30 per cent from peak levels on a rolling 12-month basis. In Toronto, they are down about 60 per cent. The Toronto-area Building Industry and Land Development Association has said home sales remained at historic lows in May and the month marked the eighth consecutive one of record all-time lows. In a statement issued in June, the organization said the current 'cost-to-build crisis' is real and could have a very negative effects on the economy and municipalities of the Greater Toronto Area. Justin Sherwood, a spokesperson for the group, called for all three levels of government to take urgent action to lower housing costs through such measures as lowering taxation on new homes as well as development charges and other added costs. Asked about tools the government has at hand, Mr. Robertson cited the Liberal commitment to eliminate the GST for first-time homebuyers for homes at or under $1-million. Announcing the plan in March, Mr. Carney said the measure could save homebuyers up to $50,000. Mr. Robertson said the GST measure is one market housing incentive. 'The question on the table is do we need to go further and faster to help get the market going,' he said. 'We're looking at those tools and talking with my colleagues about next steps and making sure we don't get behind the eight ball on the market side.' Buyers have the power as lower prices drive sales in Toronto real estate Mr. Robertson said the Build Canada Homes program that his department is developing to oversee the construction of affordable homes in the country will be focused on below-market and affordable homes. Beyond that, however, he said that his department and the government have to monitor the market side of housing as well, 'and make sure we're doing everything we can to support it.' During the spring federal election campaign, Mr. Carney made a commitment to launch the standalone Build Canada Homes program to oversee the construction of affordable homes. On the campaign trail, the federal Liberal Leader positioned Build Canada as part of an effort to double the number of homes built annually in Canada to nearly 500,000 units. Asked about Mr. Robertson's comments, the president of real estate industry research firm Urbanation Inc. said condo prices will have to be lowered to help the market and spur projects. 'To help, the federal government could fund the complete removal of municipal development charges and taxes and also provide credits to new home buyers under a certain price level,' Shaun Hildebrand said in a statement. 'There is also a record amount of unsold supply the government could purchase to provide as affordable housing.'
CTV News
16 minutes ago
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Winnipeg kids run popsicle business
A trio of Winnipeg siblings have been spending their summers selling popsicles in their neighbourhood. Daniel Halmarson has the details.
CBC
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Does Mark Carney really have 574 conflicts of interest?
Prime Minister Mark Carney says he followed all the rules about disclosing his financial assets — now held in a blind trust — but Pierre Poilievre and Opposition MPs say his holdings are rife with conflicts of interest. Andrew Chang explains why Carney's connections to companies like Brookfield Asset Management and Westinghouse may or may not pose a problem, and how much of what Carney and the opposition claim is actually true. Images provided by Getty Images, The Canadian Press and Reuters.
