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Markets Slip as Investors Bet on Extended U.S.–Iran Ceasefire

  Stocks Edge Lower as Investors Hope U.S.–Iran Ceasefire Will Hold Stocks drifted lower today as markets balanced cautious optimism over a potential extension of the U.S.–Iran ceasefire with persistent geopolitical and inflation concerns. Recent trading sessions have shown that even modest signs of diplomatic progress can meaningfully shift investor sentiment. Asian and U.S. markets rallied earlier this week on hopes that Washington and Tehran would continue negotiations, helping unwind some of the war-driven risk premiums that had pushed oil and volatility higher. Despite the pullback, investors remain hopeful that the ceasefire—currently set to expire soon—will be extended, giving negotiators more time to work toward a longer-term agreement. Reports indicate both sides are considering adding another two weeks to the pause, a move that has already helped push Brent crude below the recent peak of nearly US$120 per barrel. Lower oil prices have eased pressure on inflation expecta...

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Packed Classrooms, Stretched Resources: Alberta Schools Strain Under Population Boom

 


    




Alberta’s rapid population growth — now nearing five million — is pushing the province’s schools to breaking point, with overcrowded classrooms becoming the norm in major urban centres.

Parents in cities like Calgary and Edmonton report children learning in hallways, gyms, and converted libraries, while some schools have paused enrolment due to lack of space. Class sizes of nearly 30 students are common, with gym classes swelling to more than 50. The noise and cramped conditions are prompting some families to hire private tutors to help their children keep up.

School boards warn that capacity issues will worsen, with Edmonton Public Schools projecting it will be full by 2028. The crisis comes amid stalled contract talks between the Alberta Teachers’ Association and the provincial government, with a potential provincewide strike looming on October 6.

Premier Danielle Smith’s government has pledged to hire 3,000 teachers over three years and invest $8.6 billion in new school construction, but says budget constraints mean trade-offs between higher wages and more staff. Teachers argue both are essential to address the strain on Alberta’s education system.


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