Conservatives want to ‘amend the heck’ out of border bill’s asylum rules

The stock markets experienced a downturn, with the S&P 500 erasing earlier gains after a promising start. The Dow Jones and Canada's S&P/TSX index also saw declines, reflecting growing concerns over artificial intelligence and interest rates.

A letter signed by over 40 senators has called on Prime Minister Mark Carney to take action against sports betting advertisements in Canada, citing health and safety risks associated with such promotions.

Observers have described Donald Trump's proposed peace plan for Ukraine using terms such as 'terrible' and 'baffling.' The plan is seen as an attempt to pressure Ukraine into accepting terms that favor Russia, raising concerns about its implications for Ukraine's sovereignty and military capabilities.

A new report from Royal LePage indicates that the price of a single-family detached home in Canada's winter recreational markets has risen by 3.8 percent, reaching an average of $982,000. This trend reflects a growing interest in local real estate, potentially driven by the 'Buy Canadian' movement.

Ottawa officials are planning to cull thousands of feral goldfish from a stormwater pond due to a significant increase in their population. The issue has arisen as pet owners release goldfish into warmer waters, leading to a growing problem in the region. Earlier this year, city staff removed 5,000 goldfish from Celebration Park, but it is estimated that around 1,000 more remain in the pond.

Quebec has abruptly ended its key immigration route, the Quebec Experience Program (PEQ), and significantly reduced future immigration thresholds. This decision forces thousands of temporary residents, including many French families, to leave the province. The government claims that temporary immigrants are overburdening public services, while affected workers and business leaders warn that this reform could harm the economy and are advocating for a grandfather clause. Canada is also set to reduce temporary immigration by over 40% this year.

Nicolas Vincent, the Bank of Canada's external deputy governor, emphasizes that enhancing productivity is the most effective solution to Canada's affordability crisis. He suggests that improving productivity can lead to better economic conditions and help alleviate financial pressures on Canadians.

European foreign ministers have expressed concerns over a draft US-Russian peace plan that appears to favor Kremlin interests. They emphasized the necessity of including European and Ukrainian perspectives in any negotiations aimed at resolving the conflict between Ukraine and Russia. EU foreign policy chief Kaja Kallas highlighted the importance of meaningful contributions from Europe to ensure the plan's effectiveness.