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Ukraine Faces Deepening Power Shortages After Russian Strikes

A resident shows a journalist where a Russian drone struck the roof of an apartment building, depriving its residents of water, heat and electricity, in Kyiv. Ukraine is confronting one of its most severe energy shortfalls since the start of the full‑scale invasion, with the country currently able to supply only about 60% of its electricity needs. A new wave of Russian missile and drone attacks has heavily damaged power plants and transmission infrastructure across multiple regions, pushing the grid to the brink. Officials report that nearly every major power‑generating facility has been hit in recent weeks. Cities such as Kyiv, Kharkiv, Odesa, and Dnipro have experienced rolling blackouts, leaving millions of residents coping with limited heating, lighting, and communications during the winter season. Ukraine’s government has warned that the situation remains extremely challenging. Engineers are working around the clock to repair damaged facilities, but repeated strikes have slowed...
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Carney Unveils Build Canada Homes, Targets Six Cities for First Wave of Affordable Housing

Prime Minister Mark Carney is set to launch Build Canada Homes (BCH), a new federal agency designed to accelerate the construction of affordable housing across the country. The initiative will begin with developments on public lands in six cities: Dartmouth, N.S., Longueuil, Que., Ottawa, Toronto, Winnipeg, and Edmonton.

BCH will act as both developer and financier, consolidating existing federal housing programs and providing substantial funding to spur rapid construction. The agency plans to offer $25 billion in debt financing and $1 billion in equity financing, with a strong focus on prefabricated and modular building methods to cut costs and timelines.

The move comes amid warnings from the Canada Mortgage and Housing Corporation that current housing starts fall far short of what’s needed to restore affordability. Carney has framed the initiative as a bold return to large-scale federal involvement in homebuilding, aiming to deliver nearly 500,000 new homes annually over the next decade.


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