Canada ranks as second-best country in the world in 2023: U.S. News – CTV News

OTTAWA – Finance Minister Chrystia Freeland says the government is making some changes to mortgage rules to help more Canadians to purchase their first home.

She says the changes will come into force in December and better reflect the housing market.

The price cap for insured mortgages will be boosted for the first time since 2012, moving to $1.5 million from $1 million, to allow more people to qualify for a mortgage with less than a 20 per cent down payment.

The government will also expand its 30-year mortgage amortization to include first-time homebuyers buying any type of home, as well as anybody buying a newly built home.

On Aug. 1 eligibility for the 30-year amortization was changed to include first-time buyers purchasing a newly-built home.

Justice Minister Arif Virani is also releasing drafts for a bill of rights for renters as well as one for homebuyers, both of which the government promised five months ago.

Virani says the government intends to work with provinces to prevent practices like renovictions, where landowners evict tenants and make minimal renovations and then seek higher rents.

The government touts today’s announced measures as the “boldest mortgage reforms in decades,” and it comes after a year of criticism over high housing costs.

The Liberals have been slumping in the polls for months, including among younger adults who say not being able to afford a house is one of their key concerns.

This report by The Canadian Press was first published Sept. 16, 2024.

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OTTAWA – The head of a federal inquiry into foreign interference says she will not be publicly identifying parliamentarians suspected by a spy watchdog of meddling in Canadian affairs.

The National Security and Intelligence Committee of Parliamentarians raised eyebrows earlier this year with a public version of a secret report that said some parliamentarians were “semi-witting or witting” participants in the efforts of foreign states to meddle in Canadian politics.

Although the report didn’t name individuals, the blunt findings prompted a flurry of concern that members knowingly involved in interference might still be active in politics.

As inquiry hearings resume today, commissioner Marie-Josée Hogue cautions that the allegations are based on classified information, which means the inquiry can neither make them public, nor even disclose them to the people in question.

As a result, she says, the commission of inquiry won’t be able to provide the individuals with a meaningful opportunity to defend themselves.

However, Hogue adds, the commission plans to address the allegations in the classified version of its final report and make recommendations.

This report by The Canadian Press was first published Sept. 16, 2024.

The Canadian Press. All rights reserved.

OTTAWA – The judge overseeing the sexual assault trial of former vice-admiral Haydn Edmundson is reading his decision in an Ottawa court this morning.

Edmundson was the head of the military’s personnel in 2021 when he was accused of sexually assaulting a woman while they were deployed together back in 1991.

The trial was held in February, but the verdict has been delayed twice.

The complainant, Stephanie Viau, testified at trial that she was in the navy’s lowest rank at the time of the alleged assault and Edmundson was an officer.

Edmundson pleaded not guilty, and testified that he never had sexual contact with Viau.

He was one of several high-ranking military leaders accused of sexual misconduct in 2021, a scandal that led to an external report calling for sweeping changes to reform the culture of the Armed Forces.

This report by The Canadian Press was first published Sept. 16, 2024

The Canadian Press. All rights reserved.