Connect with us

World

Canada’s proposed foreign investment ban

Published

on

Canada has proposed a new law that would ban foreigners from buying homes within the country

Canada is on track to ban most foreigners from buying a house for two years and provide billions of dollars to spur construction activity in an attempt to cool off what reports claim as a “surging real-estate market.”

Under proposals by the nation’s prime minister Justin Trudeau, the ban would be imposed to stop foreigners from buying a residential property over the next 2 years.

The plans are in response to the ongoing affordability crisis of homes, with the cost of a new home rising by as much as 20 percent in the past few months, and over 50 percent over the last two years.

Buyers are reportedly buying now as interest rates are set to rise now that the world is moving past COVID.

According to government sources, the foreign-buyer ban won’t apply to students, foreign workers or foreign citizens who are permanent residents of Canada.

The Prime Minister remains committed to tackle housing affordability within Canada, addressing the issue with “priority.”

Anthony Lucas is reporter, presenter and social media producer with ticker News. Anthony holds a Bachelor of Professional Communication, with a major in Journalism from RMIT University as well as a Diploma of Arts and Entertainment journalism from Collarts. He’s previously worked for 9 News, ONE FM Radio and Southern Cross Austerio’s Hit Radio Network. 

World

Spectator dead following violent clashes at a football stadium

Published

on

One person has died in clashes at an Argentinian football stadium

Police fired rubber bullets and tear gas to stop fans from pushing into the crowded venue.

But that wasn’t enough, with many fans squeezing through fencing to escape the violence and get onto the field.

The incident took place around 50 kilometres south of the nation’s capital

The game was suspended nine minutes into play.

A 57-year-old man experienced cardiac arrest while being transferred from the stadium to the hospital.

It comes five days after 131 people died in a stampede prompted by Indonesian police firing tear gas inside a stadium.

Continue Reading

World

Bizarre antics disrupts court – but at what cost?

Published

on

Darrell Brooks, the man accused of killing 6 people during the Waukesha Christmas Parade has appeared in court, shirtless

In a bizarre series of events, the 40 year old who is representing himself, consistently disrupted the court.

So Judge Jennifer Dorow moved the defendant to another room to participate via video link with the ability to mute him.

But the antics didn’t stop there, he removed his shirt, with his back to the camera, threatening to break items nearby.

He then took off his shoe and refused to sit down.

Continue Reading

World

Biden says nuclear ‘armageddon’ threat is back

Published

on

U.S. President says the nuclear ‘armageddon’ threat is back for first time since Cuban Missile Crisis

The president was speaking at a fundraiser event, where he said Russian President Vladimir Putin was “not joking when he spoke about the use of tactical nuclear weapons.

U.S. officials have been warning that Russia could use weapons of mass destruction in Ukraine.

But they believe there’s been no change to Russia’s nuclear forces for the time being.

It comes as the leaders of more than 40 European nations convened in Prague to discuss Russia’s invasion of Ukraine.

Ukraine’s leader Volodymyr Zelensky spoke via video link.

UK Prime Minister Liz Truss says the summit is “not about moving closer to Europe” but “about working with Europe”.

When pressed about her working relationship with Macron, Truss admitted he is a ‘friend’.

Continue Reading

Trending Now

Copyright © 2022 The Ticker Company PTY LTD