Science
Bank of Canada study says ignoring shelter inflation in demand-driven boom worsens overvaluation
A central bank staff paper found ignoring shelter inflation during a housing demand boom pushes home price overvaluation higher.
Also on the block
More from across Canada
Cities
Ottawa voters elect mayor and council in municipal election
Polls are open until 8 p.m. as residents choose from 14 mayoral candidates and contested races in 22 wards.
Cities
Chow and Bradford in dead heat as Toronto voters head to the polls
The election on Monday could see the first defeat of a sitting mayor since the city's amalgamation.
Weather
Ottawa's Canada Day storm flooding shapes municipal election pledges
A one-in-200-year storm that flooded thousands of basements has prompted all four leading mayoral candidates to promise infrastructure upgrades.
Science
Retired astronaut delivers ambulances to Ukraine, praises Canada's stance
The former NASA astronaut joined a volunteer mission to deliver more than 60 emergency vehicles to Ukrainian defence forces.
Cities
Transit newsletter spotlights new B.C. MLAs, Victoria bus strike
The volunteer-run digest also features a petition for all-door bus boarding and updates on the Greater Victoria bus strike.
Housing
Pembina Institute says EV investment welcome but emissions freeze hurts affordability
The group says delaying stronger pollution standards to 2029 makes the federal goal of 75% electric vehicle sales by 2035 nearly impossible.
iGaming
Spain sets cross-operator deposit cap for online gambling
The new system, which caps combined deposits across all licensed operators, enters a testing phase before becoming binding in 2027.
Weather
Warm, sunny weather expected for Ontario municipal election day
Environment Canada says a cold front will bring some cloud and a chance of showers but should not hinder voters.
Science
Canadian astronaut prepares for first spacewalk to install station's final solar arrays
Kutryk will conduct two spacewalks with NASA's Anil Menon to finish upgrading the International Space Station's power system.
Environment
BC Conservatives win majority government for first time in nearly a century
The party won a landslide victory, ending NDP rule and sending David Eby to the opposition benches.
Environment
Canada shuts Arctic research station as eider duck population crashes again
The closure of a pioneering research station in Hudson Bay comes as the number of nesting eider ducks has plummeted to a few hundred pairs.
Environment
Canada freezes vehicle emissions standard for three years, delays stricter targets
The federal and Ontario governments announced a three-year pause on increasing the emissions standard for new vehicles.