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News of the day: Housing projects piling up, stop taxing the rich, loonie rebounding, housing market gains, quantum drug discovery and moreConstruction pushes ahead at a housing development in Milton, Ont.
, but elsewhere across the country developers are hitting roadblocks in the form of out-date-and inadequate infrastructure. Construction executives, municipal engineers and developers say aging water and wastewater systems are emerging as one of the country's biggest constraints on housing construction, leaving approved projects to possibly sit idle for years while improvements are made.
The rich pay their fair share of taxes so Carney needs to look elsewhere to raise money Many people assume wealthy Canadians don't pay their fair share of taxes, but the data doesn't support that shallow narrative, writes Kim Moody. The increasing possibility that the interest rate differential between Canada and the United States could tighten or at least not widen is helping the Canadian dollar.
The Canadian dollar rose 0.6 per cent on Tuesday to take it above 71 cents U.S. for the first time in a month as the greenback slumped on cooler-than-expected inflation in the United States. Canada's housing market gained momentum in the second quarter of the year, with activity picking up in May and June, according to Royal LePage's latest housing survey.
From left, High Q Technologies’ applications manager Austin Gamble‑Jarvi, managing director Don Carkner and director of product marketing Rudra Maharajh conduct system checks on a Fathom pulsed electron paramagnetic resonance installation in the United Kingdom. Ontario startup High Q aims to speed up drug discovery for diseases such as Alzheimer's through quantum sensors Founded by biomedical researchers and drug developers at the University of Waterloo in 2013, High Q Technologies is developing a quantum sensor called the electron paramagnetic resonance spectrometer to map moving protein structures with extreme precision.
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