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Category: Economics

AFFORDABILITY CRISIS: Toronto students are living in homeless shelters

Toronto students are living in homeless shelters

As the affordability crisis worsens and rent prices rise, more and more students in Toronto are taking refuge in homeless shelters.

WEF proposes using “wind-powered boats” to decarbonize the shipping industry

WEF says "wind-powered boats" are the future of shipping

In yet another attempt to destroy international commerce, the World Economic Forum (WEF) is urging companies to go back to using “wind-powered boats” (i.e., ‘sailboats’) to decarbonize the shipping industry.

European countries want to slow down EV mandate

Europe pumps the brakes on gas-powered car ban

Several European countries want to slow down the Electric Vehicle (EV) mandate set out by the EU and G7 commitments.

Canada expected to be 3.5 million houses short in 2030, largely due to mass immigration

Canada will need to build 3.5 million more homes by 2030

According to the latest CMHC report, Canada is on track to be 3.5 million housing units short by 2030 and will need to more than double the house-building rate to keep up with demand.

Alberta fuel relief to stay for another three months

Alberta fuel tax relief to stay

Alberta Premier Jason Kenney just announced that the fuel tax relief, which has led to the lowest gas prices in Canada, will remain for another three months amid hyperinflationary concerns.

Hungary vetoes global minimum corporate tax

Hungary vetoes global corporate tax

Hungary has vetoed the European Union’s landmark deal to impose a global minimum tax rate on multinational enterprises by 2023.

Gas exceeds $2 per litre across Canada

Under Justin Trudeau, gas prices have soared to over $2 per litre across Canada for the first time in history — and it’s not slowing down.

Chinese company buys 60% stake in Canadian lithium mines

A Chinese company run by members of the CCP, Yahua International Investment, announced that it’s closed a deal for 60 per cent interest in the Georgia Lake and Forgan Lake lithium properties.

DAY-AFTER-DAY: Fire erupts in California food processing plant

Many will have missed it due to the recent Roe v. Wade news, but yet another fire has erupted at a US food processing plant, this time in Fresno, California.

Another US food processing plant burnt down

Yet another US food processing plant has been set ablaze, with well over 20 fires occurring in food processing plants in less than a year.

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