Skip to main content

Featured

Kremlin Strikes Optimistic Tone as Officials Praise Trump’s Approach

  Deputy Chairman of the Russian Security Council Dmitry Medvedev attends an interview with Reuters, TASS and WarGonzo in the Moscow region, Russia January 29, 2026. Dmitry Medvedev's Secretariat. Russian officials have adopted a noticeably warmer tone toward U.S. President Donald Trump, offering public praise that signals a potential shift in the diplomatic atmosphere between Washington and Moscow. Recent comments from senior Russian figures highlight what they describe as Trump’s decisiveness and willingness to pursue negotiated solutions to global conflicts. Dmitry Medvedev, deputy chairman of Russia’s Security Council, characterized Trump as an “effective leader” whose unconventional style reflects a pragmatic focus on results. He suggested that Trump’s stated interest in ending the war in Ukraine could open the door to renewed dialogue. President Vladimir Putin echoed this sentiment, calling Trump a resilient and courageous figure, particularly in light of recent threats to...

article

Canadian Housing Starts Plunge 22% in November as Higher Rates Bite



Canadian housing starts fell by 22% in November from the previous month, missing estimates by a wide margin, as higher borrowing costs hurt groundbreaking on multiple unit and single-family detached urban homes, data from the national housing agency showed on Friday.

The seasonally adjusted annualized rate of housing starts fell to 212,624 units from a downwardly revised 272,264 units in October, the Canadian Mortgage and Housing Corporation (CMHC) said. Economists polled by Reuters expected starts to decrease to 257,100 in November.

As the more difficult borrowing conditions and labour shortages now seem to be showing in the starts numbers, we can expect to see continued slower starts rates in the coming months, according to CMHC’s deputy chief economist Kevin Hughes.


Comments