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Canada’s next wealth divide? It’s renters versus homeowners, RBC says – National

Persistent unaffordability in Canada’s housing market is widening the wealth divide between renters and homeowners, Royal Bank of Canada says in a new report. “Canadian renters are getting squeezed more than homeowners, making home ownership an even more distant dream,” report author and RBC economist Carrie Freestone writes. The RBC …

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Canada and Denmark reach deal to divide uninhabited Arctic island

Canada and Denmark have reached an agreement to divide a tiny uninhabited island in the Arctic, ending a nearly 50-year-long international dispute between two friendly countries. The Canadian government posted an order-in-council this week confirming the Hans Island deal. The government plans to announce the details Tuesday. Martin Breum, a Copenhagen …

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