NATIONAL STORIES
Carney Defends $1.45 Billion BC Housing Plan Amid ‘Bailout’ Accusations
Mark Carney defends a $1.45B plan to turn vacant BC condos into affordable rent-to-own homes, countering Pierre Poilievre’s claims of a developer bailout.

A New Approach to Vacant Inventory
Prime Minister Mark Carney is standing firm behind a controversial $1.45 billion joint initiative between the federal and British Columbia governments to convert unsold, vacant condominiums into affordable rent-to-own housing. During a press conference in Ottawa on Thursday, Carney acknowledged that the government had struggled to communicate the plan’s nuances to the public, admitting that the rollout could have been handled more effectively.
The ambitious plan, first announced last week by Carney and B.C. Premier David Eby, aims to leverage innovative financing to secure more than 2,200 units. By targeting existing inventory that has failed to sell in a cooling market, the government argues it can provide immediate relief to families locked out of the real estate market. Carney emphasized that the strategy is far faster than building new units from the ground up.
Political Backlash and the ‘Bailout’ Narrative
The proposal has faced sharp criticism from Opposition Leader Pierre Poilievre, who characterized the move as a taxpayer-funded bailout for wealthy developers. Poilievre described the initiative as a “transfer of wealth from the have-nots to the have-yachts,” suggesting that the government is shielding the private sector from market corrections at the expense of the public purse.
Carney dismissed these allegations, clarifying that the idea originated with the province of B.C. and not from developer lobbying. “No developer asked for this from me directly,” Carney stated. He further noted that the government intends to acquire these properties at a significant discount, urging critics to judge the program based on the actual economics of future transactions rather than abstract concepts.
Pathways to Homeownership
Under the proposed structure, the federal government would contribute approximately 10 percent of the total $1.45 billion cost, with the B.C. government covering the remainder. The program is designed to help young families build equity over time through a rent-to-own model, a critical bridge for those who lack the substantial down payment typically required in B.C.’s high-priced markets. While the government has yet to confirm if all 2,200 units will follow this specific model, the focus remains on converting vacant luxury assets into accessible community housing.
NATIONAL STORIES
Clock Ticks Toward Midnight Tariffs as Canada-U.S. Trade Talks Reach Critical Stage
Canada-U.S. trade talks continue in Washington as a deadline looms for $28 billion in proposed American tariffs affecting wine, honey, and other key goods.

Uncertainty Ahead of Wednesday Tariff Deadline
High-stakes trade negotiations in Washington ended on Monday without a deal, leaving Canadian industries facing a midnight deadline on Wednesday before a new round of American levies takes effect. Canada-U.S. Trade Minister Dominic LeBlanc stated that “our job is not yet done” as he departed a nearly two-hour meeting at the U.S. Commerce Department alongside chief trade negotiator Janice Charette, U.S. Trade Representative Jamieson Greer, and Commerce Secretary Howard Lutnick.
$28 Billion at Stake Across Multiple Sectors
The potential tariffs stem from a July 20 executive order signed by U.S. President Donald Trump, which threatens 50 per cent levies on roughly $28 billion worth of Canadian products, including wine, honey, cement, and hockey sticks. The Canadian Beekeepers Federation warned on Monday that the measures could cause domestic prices to crash and push farms toward bankruptcy, noting that up to 60 per cent of Canadian honey exports are bound for the American market.
The upcoming U.S. tariffs were introduced in response to existing Canadian trade friction points, including provincial bans on American alcohol, the supply-managed dairy sector, and quotas on certain U.S. vehicles. In response, Dairy Farmers of Canada cautioned against making dairy concessions, while Ontario Premier Doug Ford indicated a willingness to trade alcohol concessions for relief on hard-hit sectors like steel, aluminum, and lumber.
Federal Strategy and Cross-Party Support
Prime Minister Mark Carney expressed plans to speak directly with President Trump before Wednesday, stating that the federal government possesses a plan to cover all eventualities if the levies proceed. Carney noted he would highlight a recent $50-billion clean energy partnership between Quebec and Newfoundland and Labrador during the call. Domestically, Conservative critic Shuvaloy Majumdar backed the national effort, describing the proposed tariffs as unjustified and illegal while calling for a strong result at the negotiating table.
NATIONAL STORIES
A Calgary Police Officer Recovers as Suspect Is Found Dead Following Shooting and Chase
A Calgary police officer is in stable condition after being shot during a traffic stop. The suspect fled through Edworthy Park and was found dead in a river.

Officer Shot During Morning Traffic Stop
A Calgary police officer remains in stable condition in hospital following a Monday morning shooting during a routine traffic stop northwest of downtown, near Spruce Cliff and Edworthy Park.
According to a release from Calgary police, an occupant inside the stopped vehicle opened fire just before noon, striking the officer before fleeing the scene.
Dramatic Chase Ends in River Discovery
Following the initial gunfire, the suspect jumped from the vehicle and fled into Edworthy Park towards the Bow River. Authorities stated that the suspect opened fire at pursuing officers and nearby civilians while running through the park.
The suspect then carjacked a bystander’s vehicle, driving it through the park until the car became stuck. Continuing on foot, the suspect was tracked overhead by a HAWCS helicopter before ultimately being found dead in a river.
Police noted that new details continue to emerge regarding the dynamic incident. The province’s police watchdog, the Alberta Serious Incident Response Team, is actively investigating the shooting.
NATIONAL STORIES
Red Deer Ranks Third Highest for Crime in Canadian Metros Amid National Decline
Red Deer ranks as the third-highest Canadian metro for crime severity in 2025, even as national homicide rates reach their lowest levels since 2014.

Understanding the Shift in Canada’s Crime Landscape
New data released by Statistics Canada reveals a complex shift in national safety trends, with Alberta’s Red Deer emerging as a primary point of concern. According to the 2025 Crime Severity Index (CSI), the volume and severity of police-reported crime across Canada decreased by five per cent. This marks the second consecutive year of decline, signaling a potential reversal of the upward trend that began in 2015 and peaked in 2023.
Red Deer Among Top Three for Crime Severity
Despite the national downward trend, Red Deer remains a high-intensity area for law enforcement. The city recorded a CSI value of 114.4 and a crime rate of 10,592 per 100,000 population. While this represents a one per cent drop from the previous year, Red Deer remains the third-highest among all census metropolitan areas (CMAs) in the country. Only Chilliwack, B.C., which topped the list with a CSI of 134.3, and one other metro area ranked higher in terms of criminal activity and severity.
The Provincial Perspective: Alberta vs. Neighbors
Alberta’s overall CSI stands at 90.6, notably higher than the national average of 75. However, the province’s figures are relatively consistent with British Columbia and significantly lower than those found in Saskatchewan. Within the province, urban centers showed diverging paths: Edmonton’s crime rate saw a two per cent change, whereas Calgary experienced a five per cent increase, reaching a rate of 5,038 per 100,000 residents.
Homicide Rates Hit Historical Lows
One of the most significant takeaways from the Statistics Canada report is the sharp decline in homicides. Police reported 672 homicides in 2025, a decrease of 125 from the year prior. This 16 per cent drop represents the largest year-over-year decline since 1986, bringing the homicide rate to its lowest point since 2014. While non-violent crimes still account for the majority (63 per cent) of the CSI, the reduction in extreme violence is a critical metric for public safety officials.
Defining the Crime Severity Index
The CSI was developed to provide a more nuanced view of safety than traditional crime rates. By assigning weights based on incarceration rates and the length of prison sentences, the index ensures that more serious offenses—such as violent assaults or homicides—have a greater impact on the final score than less severe incidents. This methodology allows policymakers to better understand the true impact of crime on Canadian communities.
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