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Relentless Push: Russia Claims Strategic Edge in Ukraine Offensive

  Servicemen of the 115th Separate Mechanised Brigade of the Ukrainian Armed Forces use an RPG-7 grenade launcher during training between combat missions, in Kharkiv region, Ukraine. Russia’s top military commander, General Valery Gerasimov, has declared that Russian forces are conducting a non-stop offensive along nearly the entire front line in Ukraine, asserting that the “strategic initiative” now lies with Moscow. According to Gerasimov, Russian troops have intensified airstrikes on Ukrainian cities far from the battlefield, including a recent attack on Kyiv that killed at least 23 people and wounded 38. He reported that since March, Russia has seized more than 3,500 square kilometers of territory , captured 149 villages, and now controls the vast majority of the Luhansk, Donetsk, Zaporizhzhia, and Kherson regions. The offensive has also pushed into Ukraine’s southeastern Dnipropetrovsk region, with seven villages reportedly under Russian control. Moscow says it has carried...
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Canada’s Population Growth and the National Bank of Canada’s Report

 

According to a report by the National Bank of Canada, Canada is caught in a “population trap” for the first time in modern history and needs to limit immigration to escape it. A population trap is when the population is growing so fast that all available savings are needed to maintain the existing capital-labour ratio, making any increase in living standards impossible. 

National Bank’s report joins the growing chorus of concern that the influx of newcomers over the past two years, many of whom are temporary workers or students, is too much for the economy to handle.

Canada’s population grew by 1.2 million in 2023, a “staggering” amount when you consider that the next biggest surge was when Newfoundland joined the nation in 1949. From a global perspective, Canada’s population growth of 3.2% last year was five times higher than the average of Organisation for Economic Co-operation and Development nations. 

The economists say that Canada currently lacks the infrastructure and capital stock to adequately absorb current population growth and improve its standard of living. The strain is most evident in housing, with National saying the shortfall has reached a record of only one housing start for every 4.2 people entering the working-age population. Government programs are underway to address this, but to meet demand and reduce housing inflation, Canada would need to double its housing construction capacity to about 700,000 starts a year.
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