This news roundup covers a range of topics, including Justin Trudeau's resignation as Prime Minister, the potential for political upheaval in Canada, looming mortgage payment shocks for Canadian homeowners, high-security events surrounding the US inauguration, and the rising concerns surrounding domestic violence in the Maritimes.
Prime Minister Justin Trudeau, announcing Monday that he intends to resign as Liberal leader and prime minister as soon as his party names his replacement, has set a series of political machinations in motion. With Prime Minister Justin Trudeau's resignation as Liberal party leader, several well-known political faces may be waiting in the wings for their opportunity to take his place. Canada could see a wave of mortgage renewals in 2025.
Here is how some homeowners plan to navigate the payment shock. At least 1.2 million Canadians are facing a mortgage renewal in 2025, and 85 per cent of those existing home loans were contracted when the Bank of Canada’s interest rate was at or below one per cent. Here's how some homeowners are planning to navigate the increased payments. The last time a president was inaugurated, there was a global pandemic and a violent siege at the very spot at the U.S. Capitol where the ceremony takes place. This time, the event is happening as part of an unprecedented string of high-stakes security events in the nation's capital. Scottie Scheffler withdrew from The American Express on Monday, saying his right hand has not fully recovered from minor surgery to repair a glass puncture over Christmas.The eldest son of U.S. president-elect Donald Trump arrived in Greenland on Tuesday for a private visit that has heightened speculation that the incoming U.S. administration could seek to take control of the Danish territory.Six lives have been lost to domestic violence across the Maritimes in the past three months, sparking renewed calls for intervention and preventive measures
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Trudeau to Reflect After Freeland Resignation Sparks TurmoilChrystia Freeland's surprise resignation as finance minister triggered a day of political chaos in Canada, with calls for Prime Minister Justin Trudeau to step down.
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Trudeau to Reflect After Freeland's Resignation Sparks Leadership CallsCanadian Prime Minister Justin Trudeau is taking time to consider the implications of Chrystia Freeland's surprise resignation as finance minister and calls from within his own caucus for him to step down. Freeland's departure, just hours before she was to present the fall economic statement, has triggered turmoil in Parliament. While Trudeau previously stated his intention to remain leader after a failed attempt to oust him in October, the current situation appears more serious, with reports suggesting at least five cabinet ministers now believe a change is needed.
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Trudeau Reflects After Freeland's Resignation Sparks Calls for Leadership ChangeChrystia Freeland's sudden resignation as finance minister prompted calls for Prime Minister Justin Trudeau to step down, with some MPs alleging a growing number of colleagues support a leadership change.
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Trudeau Reflects After Freeland's Resignation Sparks Leadership CallsFollowing Chrystia Freeland's unexpected resignation as finance minister, Prime Minister Justin Trudeau is taking time to reflect on the situation and the growing calls within his party for him to step down as leader.
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Trudeau's Resignation Sparks Economic Uncertainty, Calls for UnityPrime Minister Justin Trudeau's announcement to resign has triggered concerns about economic instability and prompted business leaders to emphasize the need for national unity as Canada faces looming challenges.
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Trudeau's Resignation Sparks Economic Uncertainty, Business Calls for UnityPrime Minister Trudeau's announcement to resign amidst a leadership contest has caused economic unease, especially with the looming threat of tariffs from incoming U.S. President Donald Trump. Business leaders emphasize the need for unity and collaboration to navigate these challenges.
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