Canada’s move to allow first-time buyers to take out 30-year mortgages on new homes will likely only affect “a sliver” of the country’s highly priced housing market, economists said bloomberg.com/news/articles/…

Chrystia Freeland announced this morning that starting Aug. 1, first-time homebuyers can have 30-year insured mortgage amortizations if they're buying a newly built home. Currently it's 25 years. (There's no news release yet from the finance department on this)

New: Microsoft-backed self-driving car startup Wayve expands with Vancouver research centre, after London and Silicon Valley locations bloomberg.com/news/articles/…

New: Vancouver-based robotics startup Sanctuary signs deal for factory tests and funds with major auto parts maker Magna bloomberg.com/news/articles/…

New: Unifor says it's filed to represent workers at two Amazon warehouses in BC, at New Westminster and Delta

Javier Milei says his cloned dogs chose their names, which they share with his economist heroes: Milton Friedman, Murray Rothbard, Robert Lucas Jr. trib.al/NaaQ2jT

BREAKING: Canada loses 2,200 jobs in March compared to estimated 25,000 gain. Unemployment rate rises to 6.1%

Full statement:

www150.statcan.gc.ca/n1/daily-quoti…

Canada doesn’t have enough skilled tradespeople to build its way out of its current housing shortage, according to a top executive at one of the world’s biggest real estate firms trib.al/P6aU46a

Provincial officials in Canada are trying to force the surviving co-founder of defunct crypto exchange QuadrigaCX to explain how he came by a cash hoard, 45 gold bars and jewelry including a diamond-studded Rolex trib.al/0Pa2CDM

New: Trudeau in Vancouver this morning pledging to boost renters’ rights in a bid for young voters

bloomberg.com/news/articles/…

Those wildfires in Canada, from last summer, are somehow still burning, even underneath layers of snow bloomberg.com/news/features/…

Must read to understand the various crises Canada is currently dealing with. Compelling visuals by Marie Patino Jeremy C.F. Lin 林辰峰 🚨⤵️