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Trump Pushes Iran Strike Deadline Into April Amid Intensifying Regional Tensions

Onlookers watch from a window the site of a residential building damaged by a strike, amid the U.S.-Israeli conflict with Iran, in Tehran, Iran, March 27, 2026.  U.S. President Donald Trump has extended the deadline for Iran to reopen the Strait of Hormuz or face strikes on its energy infrastructure, moving the cutoff to April 6 at 8 p.m. EDT (April 7 GMT) . The decision follows Tehran’s rejection of a 15‑point U.S. proposal aimed at ending the conflict, which has already spread across the Middle East and disrupted global energy markets.  The conflict, now in its fourth week, has resulted in thousands of casualties and sent oil and fertilizer prices soaring, fueling global inflation concerns. The United States and Israel began striking Iranian targets on February 28 after nuclear negotiations failed to produce a deal. Trump stated that talks are “going very well,” though Iran denies any direct engagement with Washington.  Trump’s extension comes after he previously pau...
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Toronto Home Sales Fall in July After June Uptick, Prices Slightly Up

 

In July, Greater Toronto area home sales experienced a month-to-month decline of 1.7%, following a surprising 3.2% rise in June. These figures, reported by the Toronto Regional Real Estate Board (TRREB), broke a four-month streak of declining home deals. Despite this dip, average home prices edged up by 0.2% to reach C$1.13 million, the highest since December. Meanwhile, new listings decreased by 0.8%. 

The market’s anticipation of further rate cuts from the Bank of Canada has contributed to rising demand, with the central bank already reducing its key policy rate twice this year. As the cost of borrowing is expected to decline further, TRREB President Jennifer Pearce predicts accelerated sales due to lower monthly mortgage payments. On a year-over-year basis, sales were up by 3.28% in July, and new listings increased by 18.47%. Toronto, accounting for two-thirds of the country’s condominium sales, remains a bellwether for other major metropolitan areas.

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