The path ahead — Greater Fool – Authored by Garth Turner – The Troubled Future of Real Estate
If you really, really, really need to unload a property these days, then it’s time to turn a paper loss (if you bought since 2022) into a realized one. Go with an offer conditional on home inspection, financing and insurance commitments, which also includes the patio furniture plus the Bernadoodle. This is shaping up to be the most moribund, comatose, on-life-support market since the Great Ennui of the early 1990s. More oil production facilities in the Gulf are being shuttered. Oil production will have resumed.
Source:CBC News
March 13, 2026 01:28 UTC
Ethiopia landslides leave at least 50 dead, dozens missing
At least 50 people have died and 125 others are missing after landslides hit three districts in southern Ethiopia following a week of heavy rains, a local official said Thursday. The landslides happened in Gamo Zone and affected the Gacho Baba District, Kamba District and Bonke District, according to Gamo Zone director of disaster response Mesfin Manuqa. The Gacho Baba District communication chief, Abebe Agena, said most of those who died were found buried in the mud. Mudslides and floods caused by heavy rainfall are common in Ethiopia, especially during the rainy season. In July 2024, a deadly mudslide caused by heavy rain claimed the lives of 229 people in southern Ethiopia.
Source:CBC News
March 13, 2026 01:05 UTC
Carney announces $35B for defence, infrastructure in Canada's North
The Liberal government has unveiled a detailed, multibillion-dollar proposal to modernize and expand Canada's military footprint in the country's Far North. Prime Minister Mark Carney wouldn't speculate how the spending will unfold. Northern infrastructure improvements at four forward operating locations in Canada's North (Inuvik, N.W.T., Yellowknife, Iqaluit and Goose Bay, N.L.) The network of bases will enable the Canadian military to deploy rapidly and support year-round response across the North, no matter how remote. The roadwork includes a further extension of the Mackenzie Highway, connecting Yellowknife to Inuvik with the intention of opening up commercial opportunities along the route.
Source:CBC News
March 12, 2026 23:51 UTC
What's making news on March 12
What's making news on March 12NewsDuration 1:27Alberta hospitalists say they need a new contract or some surgeries are at risk of being cancelled, a shortage of doctors is leading to an ER closure in Hinton and the International Energy Agency is planning on releasing millions of barrels of reserve oil into the global market.
Source:CBC News
March 12, 2026 23:31 UTC
The JUNO Awards Return to Winnipeg in 2027, Putting a National Spotlight on Manitoba’s Creative Spirit
For first access to JUNO Awards Broadcast ticket on-sale information and updates, sign up at junoawards.ca/winnipeg. “We are proud to bring The JUNO Awards back to Winnipeg in 2027 and celebrate the extraordinary talent that continues to emerge from this vibrant and creative community,” says Allan Reid, President & CEO, CARAS/The JUNO Awards. Hosting The JUNO Awards will further spotlight Manitoba’s dynamic arts community while welcoming artists, industry leaders and fans from across the country. Hosting the JUNO Awards in Winnipeg is a chance to celebrate that incredible talent, and showcase our vibrant arts community. The 55th annual JUNO Awards Broadcast will take place in Hamilton at TD Coliseum on Sunday, March 29, 2026.
Source:CBC News
March 12, 2026 22:56 UTC
3 highways connecting Lower Mainland and southern Interior reopen after closures
's Lower Mainland to the southern Interior were closed Thursday morning following overnight storms. The Coquihalla Highway was closed about 12 kilometres north of Hope due to a "vehicle incident," according to DriveBC. Just before 2 p.m. PT on Thursday, DriveBC said the stretch had reopened between Hope and Merritt. He said the wind was so strong that several trees were downed, and the wind pushed several semi-trailers over. "As conditions can change quickly during severe weather, we encourage customers to check their sailing status before leaving home," she said.
Source:CBC News
March 12, 2026 21:46 UTC
As the world acts to stabilize oil prices, Canada sees a potential windfall
WATCH | How high will oil prices go? | About That | Duration 9:48 Oil and gas prices are rapidly rising around the world amid the U.S.-Israel war with Iran. Andrew Chang explains what's driving the surge and why predicting the next moves in the oil market is so difficult. That loss, primarily to Asian markets, "is kind of an air pocket" in global oil supply that will soon hit shore. Alberta Premier Danielle Smith's provincial budget projected a nearly $10-billion deficit, numbers that could improve if oil prices stay high.
Source:CBC News
March 12, 2026 21:25 UTC
Hydro-Québec works to restore power, some schools shut for another day after storm
Hydro-Québec is gradually restoring power to customers after freezing rain and high winds brought down power lines overnight. While the province avoided the worst of the anticipated ice storm, some schools in southern Quebec remained closed for a second day due to poor road conditions and power outages. The high winds and freezing rain led to some fallen trees and branches in Montreal. Snow further eastWhile Montreal and the surrounding area was hit with freezing rain, other parts of the province saw a mix of snow and ice pellets. Several schools in the Quebec City area also remained closed Thursday morning, though some daycare services were open.
Source:CBC News
March 12, 2026 20:50 UTC
Heritage minister reconvenes advisory group on online harms to consult on AI chatbots
OTTAWA — The federal heritage minister has reconvened a group of researchers and advocates that had been tasked with advising the government on how to regulate tech platforms, as Prime Minister Mark Carney’s government weighs how it wants to tackle the issue of online safety. Those efforts culminated in Bill C-63, known as the Online Harms Act, which died when former prime minister Justin Trudeau prorogued Parliament last year. Advertisement AdvertisementAdvertisement AdvertisementNo timelines have been set for when Carney’s government will bring forward a new bill, with Miller tasked with leading the efforts. Solomon has also signalled his intention to bring forward his own bill related to AI and privacy. Speaking in Tokyo last week, Carney said given the federal government’s last bill failed to pass through Parliament that Canada was “lagging” behind others in the area of online safety.
Source:National Post
March 12, 2026 19:44 UTC
What happens if — or when — Mark Carney and the Liberals get to a majority?
Victories in University-Rosedale and Scarborough Southwest — two Toronto ridings the Liberals won comfortably less than a year ago — would bring the Liberals to 172 seats. A win in Terrebonne — where a rare judicial annulment has necessitated a byelection — would bring the Liberals to 173 seats. "Mark Carney is using backroom deals to seize a costly majority that voters rejected," Conservative Leader Pierre Poilievre argued in a social media post. Four years after winning a majority, Harper was out of power completely — replaced by a Liberal majority. Voters might not worry too much about how Carney gets his majority, but they likely will care about what he does with it.
Source:CBC News
March 12, 2026 19:30 UTC
Political agendas have no place in university research applications: Peter MacKinnon in the National Post
This is a political agenda that should have no place in research applications. Certainly it is a term that implies major change, though of what kind and quality are usually left unspecified. Diversity, equity and inclusion (DEI) has been widely discussed and has been the subject of surveys by think-tanks and other organizations. It is clear that there are mild, moderate and strong versions of DEI; the unobjectionable mild version recognizes the importance of diversity and encourages outreach in its pursuit. The moderate and strong versions include one or more of race-based hiring, quotas for identity groups, and requirements that job applicants pledge support for them
Source:National Post
March 12, 2026 19:06 UTC
B.C. Human Rights Tribunal ignores science to silence debate on gender ideology: Mia Hughes in the National Post
By Mia Hughes, March 12, 2026Last month, the British Columbia Human Rights Tribunal handed down an extraordinary decision, ordering former Chilliwack school board trustee Barry Neufeld to pay $750,000 for publicly criticizing gender-identity ideology and its inclusion in schools. Transpeople are, by definition, people ‘whose gender identity does not align with the sex assigned to them at birth,’ ” states the ruling. In truth, Canada approached the gender debate backwards, enshrining the highly disputed, unscientific concept of gender identity into law without analysis or scrutiny. Even with human rights tribunals acting like authoritarian zealots, the debate is on and its momentum is unstoppable. Mia Hughes specializes in researching pediatric gender medicine, psychiatric epidemics, social contagion and the intersection of trans rights and women’s rights.
Source:National Post
March 12, 2026 19:06 UTC
Canadians concerned about rising government deficits, believe middle-class will foot the bill: poll
Canadians are concerned about rising government deficits, with a majority believing that middle-class taxpayers will eventually have to foot the bill for all the public overspending, according to a new Postmedia-Leger poll. By comparison, 19 per cent of respondents said they were not concerned and 10 per cent said they didn’t know. (22 per cent) were the least likely to say the middle class will pay, with B.C. “While governments often say they are targeting any tax measures at the wealthy, somehow it always seems to be the more populous middle class that has to foot the bill,” he said. Sixty-five per cent of respondents supported the move, while 24 per cent opposed and 11 per cent didn’t know.
Source:National Post
March 12, 2026 18:49 UTC
Translating, restraining kids, teaching multiple grades at once: Alberta teachers describe complex classrooms
She said 10 of them were learning English and two spoke almost no English at all. Children's coats hang in cubbies in the hallway of one Alberta school. Enlarge image (new window) A file image from an Alberta school. I am an English language arts teacher, not an English language learning teacher, not a special education teacher. Boys learn to tell time in an Alberta school.
Source:CBC News
March 12, 2026 17:54 UTC
House leader says Liberals are still courting opposition MPs to cross the floor
OTTAWA — Government House Leader Steven MacKinnon said conversations with dissatisfied MPs from opposition parties continue, just one day after his party secured its fourth floor crosser in four months. “I think very much so,” he told reporters on his way into a cabinet meeting on Thursday, in response to a question about whether his party is talking to more MPs. Since November, the governing party has convinced Conservative MPs Matt Jeneroux, Michael Ma and Chris d’Entremont to join their ranks. The seats were left vacant following the resignations of Bill Blair and Chrystia Freeland, with the Liberals heavily favoured to win both. The third race will be held in Terrebonne, Que., which is expected to be a close race between the Liberals and the Bloc Québécois.
Source:National Post
March 12, 2026 15:45 UTC