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Israel and Lebanon Agree to 10‑Day Ceasefire as Trump Announces Breakthrough

  Israel and Lebanon Reach 10‑Day Ceasefire Following Trump Announcement Israel and Lebanon have agreed to a 10‑day ceasefire set to begin at 5 p.m. EST, according to U.S. President Donald Trump, who said the truce followed “excellent conversations” with Israeli Prime Minister Benjamin Netanyahu and Lebanese President Joseph Aoun.  The ceasefire comes after more than six weeks of intense fighting between Israel and Hezbollah, the Iran‑backed armed group operating in southern Lebanon. The conflict has resulted in over 2,000 deaths in Lebanon and displaced more than a million residents, while Israel has maintained a 10‑kilometre security zone in southern Lebanon. Trump stated that both leaders agreed to begin the truce to pursue peace, adding that he plans to invite them to the White House for the first direct talks between the two countries since 1983. Lebanese officials have welcomed the ceasefire, though Hezbollah has said its adherence depends on Israel halting all attacks....

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Condo market slump: GTA projects cancelled amid low demand


According to a report released today, The Greater Toronto Area (GTA) is experiencing a slowdown in condominium sales, with builders shelving dozens of new condo projects due to low sales. The number of new condominiums started construction in the GTA has hit a 10-year low of 1,798 units, down 72% from the second quarter of 2022.


The report also suggests that rising interest rates and market uncertainty have contributed to the decline in sales. Urbanation’s Q3-2023 Condominium Market Survey reveals that the number of condos sold in the Toronto region failed to reach the 3,000 mark, with only 2,664 new condo units sold throughout the GTA during the third quarter of this year .


The report attributed the surge in cancellations to a combination of factors, including rising construction costs, supply chain disruptions, labour shortages, financing challenges, and changing consumer preferences. Urbanation's president, Shaun Hildebrand, said that the GTA condo market is undergoing a "major correction" and that developers are facing "unprecedented headwinds" in bringing their projects to completion.




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