Earlier today, Canada's new Liberal government unveiled a stimulus budget meant to revive slumping growth with a surge in infrastructure spending and said it would run a deficit nearly three times larger than promised during last year's election.
Toronto's notorious former mayor Rob Ford, who served between 2010 and 2014 and became world famous when he was caught on video smoking crack on multiple occasions during his term, died Tuesday after a battle with cancer.
As the Canadian Press writes in its prepared eulogy, a man simultaneously adored by his fans and abhorred by his foes as his scandal-packed term as mayor of Canada's largest city propelled him to international infamy, has died.
Back in early February, Zero Hedge laid out what was the biggest crisis facing Canada's banks: a chronic under reserving to potential (and soon, realized) oil and gas loan losses.
Way back in June of last year, we showed you 13 cities where millennials have no hope of affording a home. They included Seattle, Boston, New York, Washington DC, San Jose, San Diego, San Francisco, and Los Angeles.
Canada has announced that it will provide 7,500 refurbished computers through resettlement organisations to Syrian refugees to help them with schooling, jobs and skills. Israel National News reports: The computers are to be distributed by resettlement organizations through an existing Computers for Schools program that makes computer equipment available “at little or no cost to those who may not otherwise have access to technology and opportunities to learn digital skills,” said a statement. The government also said it would pick up the Can$1.25 million tab ($940,000 US).