When the world gets closer.

We help you see farther.

Sign up to our expressly international daily newsletter.

TOPIC: canada

Economy

Why More Countries Are Banning Foreigners From Buying Real Estate

Canada has become the most recent country to impose restrictions on non-residents buying real estate, arguing that wealthy investors from other countries are pricing out would-be local homeowners. But is singling out foreigners the best way to face a troubled housing market?

PARIS — It’s easy to forget that soon after the outbreak of COVID-19, many real estate experts were forecasting that housing prices could face a once-in-generation drop. The logic was that a shrinking pandemic economy would combine with people moving out of cities to push costs down in a lasting way.

Ultimately, in most places, the opposite has happened. Home prices in the U.S., Canada, Britain, Germany, Australia and New Zealand rose between 25% and 50% since the outbreak of COVID-19.

This explosion was driven by a number of factors, including low interest rates, supply chain issues in construction and shortages in available properties caused in part by investors buying up large swathes of housing stock.

Yet some see another culprit deserving of particular attention: foreign buyers.

Watch Video Show less

This Happened—December 25: A Future Prime Minister is Born

Serving since 2015, Justin Trudeau is the 23rd and current prime minister of Canada. His father was serving in the same job when he was born on Christmas day.

Sign up to receive This Happened straight to your inbox each day!

Keep reading... Show less

Putin’s New Doctrine, BoJo Bids Farewell, First COVID Inhaler

👋 Ko na mauri!*

Welcome to Tuesday, where Vladimir Putin unveils a new “Russian World” foreign policy doctrine, Liz Truss officially takes over from Boris Johnson as UK Prime Minister, and Instagram gets slapped with a hefty fine. Meanwhile, Spain’s Agencia SINC looks at how the distorted and often negative portrayal of women in medicine is being challenged by the research community.

[*Gilbertese, Kiribati]

Keep reading... Show less

UK’s New Prime Minister, Saskatchewan Manhunt, Chile Says “No” To New Constitution

👋 Bonjour!*

Welcome to Monday, where Liz Truss is the new British prime minister, Chileans reject drastic changes to the country’s Constitution, and the new Lord of the Rings series becomes Amazon Prime's biggest premiere. Meanwhile, German daily Die Welt and Ukraine's Livy Bereg show how the Ukraine grain deal may actually play in Putin’s hands.

[*French]

Keep reading... Show less
Geopolitics
Luis Rubio

Is Mexico's President Pushing For "Mexit" From Trade Pact?

In irking Mexico's chief trading partners with decisions affecting energy firms, the country's leftist President Andrés Manuel López Obrador is tinkering with the free-trade pact that is the very engine and ballast of Mexico's vast, and vulnerable, economy.

-OpEd-

MEXICO CITY — The key to having a nuclear bomb is to never use it. Its fundamental value is in its deterrence of other powers wielding the bomb. The same applies to negotiations between governments in areas like investments or trade. Clearly the risk is inferior, as the country will not face physical destruction, which may be why Mexico's President Andrés Manuel López Obrador (AMLO) sees no risk at all in raising the stakes in his spat over energy with the United States and Canada — the country's paramount free-trade partners.

Watch Video Show less
In The News
Lila Paulou, Lisa Berdet, McKenna Johnson and Anne-Sophie Goninet

Russia Cuts Gas To Europe, Myanmar Protests, SpaceX Rival

👋 Yokwe!*

Welcome to Tuesday, where Europe braces for Russia turning off gas, an architect of Northern Ireland peace deal dies and a European rival to SpaceX is taking shape. Meanwhile, we look at what makes the Ukrainian port city of Odessa such a strategic and symbolic target for Vladimir Putin.

[*Marshallese, Marshall Islands]

Watch Video Show less
Geopolitics
Shaun Lavelle

How Dutch Farmers Became The New Protagonists For Global Conspiracy Theorists

As anti-vax protests fade from public debate, “alternative media” have found an unlikely new hot topic: Dutch farmers. And across the Atlantic, some sources claim a convenient would-be connection to Canadian truckers who blockaded trade earlier this year.

AMSTERDAM — Tractor-riding farmers in the Netherlands have descended on different parts of the country over the past few days, blocking supermarkets, distributions centers, and roads in and out of major cities. The protests have escalated, with a few cases of violence.

The agriculture sector is protesting Dutch government plans to reduce the nitrogen oxide and ammonia pollution produced by livestock. The plans would require farmers to use less fertilizer and reduce livestock numbers, with cuts reaching 70% in some cases and about 30% of farms expected to have would to give up raising livestock altogether.

The agriculture protests aren’t new. They’ve been happening sporadically since 2019. What is new this time around is that the Dutch farmers have unlikely new allies — conspiracy theorists around the world.

Watch Video Show less
Society
Candace Johnson

To California Or Canada? Crossing State And National Borders For Abortions

Among the most immediate effects of the overturning of Roe v. Wade is that women who find themselves in states where abortion is outlawed will travel to where it is legal. But that of course requires the right information and economic means to do so.

GUELPH — After the United States Supreme Court overturned Roe v. Wade, the landmark 1973 decision that guaranteed federal constitutional protections of abortion rights for American women, what will it mean for the countries that share a border with the United States? What will be the impact for Americans who want to travel to Mexico or Canada to get access to abortions?

Watch Video Show less
In The News
Cameron Manley, Lila Paulou, McKenna Johnson, Bertrand Hauger and Emma Albright

Stark World Divisions, As BRICS And EU Meetings Coincide

Russian President Vladimir Putin is being hosted (virtually) by China, along with Brazil, India and South Africa, as Europe is set to offer precious EU candidate status to Ukraine.

The synching of the diplomatic calendar is pure coincidence, but it offers a clear picture of a world starkly divided nearly four months since Russia’s invasion of Ukraine.

Stay up-to-date with the latest on the Russia-Ukraine war, with our exclusive international coverage.

Sign up to our free daily newsletter.

China is hosting the 14th BRICS summit alongside the leaders of Brazil, Russia, India and South Africa to discuss global economic recovery, climate action and public health. The meeting is the clearest opportunity for Russian President Vladimir Putin since his invasion of Ukraine to demonstrate that he is not isolated diplomatically.

Watch Video Show less
In The News
Meike Eisberg, Anna Akage, Lisa Berdet and Emma Albright

New Probe Finds Russia's “Relentless” Bombing Of Kharkiv Is War Crime

Amnesty International has accused Russia of committing war crimes, causing “widespread death and destruction by relentlessly bombarding residential neighborhoods of Kharkiv” since the war began on February 24.

Amnesty International has accused Russia of committing war crimes during its efforts to capture the northeastern Ukrainian city of Kharkiv. According to the international NGO’s 40-page report, Russian forces have caused “widespread death and destruction by relentlessly bombarding residential neighborhoods of Kharkiv” since the war began on February 24.

Stay up-to-date with the latest on the Russia-Ukraine war, with our exclusive international coverage.

Sign up to our free daily newsletter.

“People have been killed in their homes and in the streets, in playgrounds and in cemeteries, while queueing for humanitarian aid, or shopping for food and medicine,” Donatella Rovera, Amnesty International’s senior crisis response adviser, said. “The repeated use of widely banned cluster munitions is shocking, and a further indication of utter disregard for civilian lives.”

Watch Video Show less
In The News
Lisa Berdet, Anne-Sophie Goninet, Lila Paulou and Bertrand Hauger

EU’s Russian Oil Ban, Canada Handgun Ban, Caked Mona Lisa

👋 Xin chào!*

Welcome to Tuesday, where EU leaders agree on a partial embargo on Russian oil, Canada proposes a total freeze on handgun ownership, and the Mona Lisa gets smeared with cream. Meanwhile, Jacques Attali in French daily Les Echos asks: Are we ready for the return of Donald Trump?

[*Vietnamese]

Watch Video Show less
Society
Diane Peters

Indigenous Tribes Use High-Tech Tools To Unearth Buried Crimes Of The Past

Indigenous groups in the U.S. and Canada are using ground-penetrating radar to look for burial sites at former schools. The technology has the potential to help a reckoning with a dark chapter in the countries' histories.

Over four days last May, members of the Tk’emlúps te Secwépemc — a First Nations community in the interior of British Columbia — oversaw a site survey of around two acres of land surrounding the province’s former Kamloops Indian Residential School.

Using an electromagnetic technology called ground penetrating radar (GPR), an archeology professor charted what appeared to be the grave shafts of 215 children lying below the ground. The technology furthered the long-held suspicion that there were remains of missing children hidden on the land of the school.

Former students at the school recall being woken at night to dig graves, for example, and a child’s rib bone and a juvenile tooth had surfaced in the area. Kamloops was the largest of the 139 government-sanctioned residential schools in the country that operated between the 1880s and 1990s. The facilities separated 150,000 Indigenous children from their families and educated them in English or French while banning native languages and indoctrinating them into Christianity.

Watch Video Show less