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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...
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Richmond Man Fined $2M for Tax Evasion After Flipping 14 Homes

 

A serial property flipper in British Columbia, Balkar Bhullar, has been fined over $2 million for tax evasion. Bhullar, who flipped 14 homes between 2011 and 2014, failed to report nearly $7.5 million in earnings. The Canada Revenue Agency (CRA) announced that Bhullar was given a conditional sentence of two years less a day on December 19, 2024, and fined $2.15 million, matching the amount of unpaid federal income tax.

Bhullar pleaded guilty to one count of tax evasion on August 3, 2023, relating to undeclared income from assignment fees on the properties. The CRA has been making significant progress in uncovering and addressing tax cheating in the real estate sector. 

In response to such cases, a new home-flipping tax will come into effect in B.C. on January 1, 2025, with a tax of up to 20% applying to homeowners who sell properties within two years of buying. The revenue collected from this tax will go toward housing programs.

B.C.'s Finance Minister Brenda Bailey stated that measures like the home-flipping tax aim to ensure more affordable homes for buyers and renters and discourage speculative investors from buying houses for a quick profit.

The B.C. Real Estate Association has criticized the tax, arguing that it may cause sellers to delay listing their homes, lowering resale housing supply and tightening market conditions.




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