As more than 600 families find themselves without homes in fire-ravaged Jasper, Alta., the Rocky Mountain tourist town and the province are locked in a standoff over what to build for interim housing.
A worker walks in a devastated neighbourhood in west Jasper, Alta., on Monday, Aug.19, 2024. If Trump unleashes tariffs on Feb.
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Alberta's wildfire housing plan falls short, says Jasper municipalityThe Municipality of Jasper says the Alberta government’s $112-million interim housing plan would provide less than half the units promised months ago for wildfire evacuees. The province planned to build 250 units in the town, but the municipality says the plan only provides about 60 permanent homes.
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Jasper says housing plan promised by Alberta government after wildfire falls shortThe province has promised $112 million to build 250 units but has tied the money to permanent single-family homes — which the town says would only result in 60 homes being built.
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Europe's STOXX 600 Rises for First Time in Three WeeksEurope's STOXX 600 index ended its first weekly advance in three weeks, fueled by gains in healthcare and financial shares. The pan-European benchmark closed 0.7% higher, reaching its highest level in a week. Trading volumes remained below average due to the holiday-shortened week. Most European bourses also closed higher, with Germany's DAX, France's CAC 40, and Britain's FTSE 100 all posting gains.
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Bitcoin DeFi TVL Soars 600% in Q1 2024, Setting the Stage for 2025 GrowthDeFi TVL on the Bitcoin network surged by nearly 600% in the first quarter of 2024, reaching a record high of over 70k BTC ($6.68 billion) locked across its ecosystem. This explosive growth is driven by the popularity of staking protocols like Babylon, which dominate the landscape with over 90% of the BTC DeFi TVL. Experts predict continued growth in 2025, fueled by upcoming Layer 2 (L2) launches and the increasing acceptance of BTC as collateral in DeFi lending platforms.
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Legal Aid Funding Changes Could Hurt Vulnerable Albertans, Advocates WarnProposed changes to the Alberta Law Foundation's mandatory contribution rate to Legal Aid Alberta are raising concerns that access to justice for vulnerable and low-income Albertans will be limited. The foundation generates revenue from interest earned on lawyers' pooled trust accounts and distributes it to non-profits, including Legal Aid Alberta and smaller clinics. Doubling the contribution to Legal Aid Alberta would reduce funding for smaller organizations and make Legal Aid Alberta's funding less stable.
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Trudeau Criticizes Smith Over Canadian Unity in Face of Trump Tariff ThreatsCanadian Prime Minister Justin Trudeau and provincial leaders, excluding Alberta Premier Danielle Smith, agreed on a 'Team Canada' approach to retaliate against potential U.S. tariffs. Smith, absent from the meeting and critical of proposed retaliatory measures, argues for Alberta's interests and against export tariffs on its energy resources. While other premiers, including Ontario's Doug Ford, pledged unity and defense against Trump's threats, Trudeau accused Smith of prioritizing Alberta over Canada, highlighting Ottawa's support for Alberta's energy sector in the past.
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