Poilievre renews call for Carney to sell blind trust assets after list disclosed
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CBC
16 minutes ago
- CBC
Federal government loans $650M to build nearly 1,300 rental units near Scarborough Town Centre
The federal government is providing a $650-million loan to support the construction of 1,285 new rental units in Scarborough, officials said Tuesday. The units will be located in three residential towers built on the west side of the Scarborough Town Centre shopping mall, according to a news release Tuesday by Oxford Properties, the real estate developer that is building the property. 268 units, or about 21 per cent, will be designated as affordable housing. "Scarborough is growing and is thriving. It's a place where more and more people are choosing to work, study, live and raise families," said Michael Coteau, MP for Scarborough-Woburn, speaking at a news conference Tuesday. "But families are having hard times finding homes that meet their needs and finding homes they can afford." He said the project will give families "a fresh start" and help them build a stronger future. The announcement comes as Ontario's housing starts for the first quarter of this year reached the lowest levels since 2009, according to a report by the province's financial accountability officer. Toronto Deputy Mayor Paul Ainslie, who represents Scarborough-Guildwood said the rental supply needs to be increased in Scarborough as it undergoes a "transit transformation." The Scarborough subway line has been under construction since 2021 for a three-stop extension. It's currently set to open in 2030. Ainslie said the City of Toronto is supporting the rental unit project through its Rental Housing Supply Program, which provides financial contributions including capital funding and relief from development fees and charges. Units will be unaffordable for OMERS members: expert Oxford Properties is owned by OMERS, the Canadian defined benefit pension plan for Ontario's municipal employees. But one housing expert said the project is unlikely to benefit the workers whose pension fund is backing it. Carolyn Whitzman, senior housing researcher at the University of Toronto's school of cities, said said the planned units — other than the 268 designated as affordable — will be too expensive for most OMERS members. "If you are a firefighter, child-care worker [or] seniors care worker, you would not be able to afford the apartments that are going to be created," she said.
Globe and Mail
17 minutes ago
- Globe and Mail
flyExclusive Achieves ARGUS Platinum Safety Rating
flyExclusive, Inc. (NYSEAMERICAN: FLYX) ('flyExclusive' or the 'Company'), a leading provider of premium private jet experiences, today announced it has once again earned the prestigious ARGUS Platinum rating—one of the highest recognitions in private aviation—reinforcing the company's unwavering commitment to safety, reliability and procedural excellence across its operations. flyExclusive has satisfied ARGUS rating requirements every year since 2015, completing all required audits over that period. flyExclusive's retained Platinum status confirms the company's top tier safety protocols across its Safety Management System, Emergency Response Plan, organizational controls, operating procedures, training and maintenance programs. 'At flyExclusive, safety isn't just our top priority — it's the foundation of how we operate,' said Matthew Lesmeister, Chief Operating Officer. 'Our top tier safety certifications through ARGUS, Wyvern, and IS-BAO, reflect our relentless commitment to a culture of safety, risk management, and operational excellence across every part of the business — for our customers, our crews, and our entire team.' The ARGUS Platinum safety certification is awarded by ARGUS International after a comprehensive evaluation of safety culture, risk management, and regulatory compliance. About flyExclusive flyExclusive is a vertically integrated, FAA-certificated air carrier providing private jet experiences by offering customers a choice of on-demand charter, Jet Club, and fractional ownership services to destinations across the globe. flyExclusive has one of the world's largest fleets of Cessna Citation aircraft, and it operates a combined total of approximately 100 jets, ranging from light to large cabin sizes. The company manages all aspects of the customer experience, ensuring that every flight is on a modern, comfortable, and safe aircraft. flyExclusive's in-house repair station, aircraft paint, cabin interior renovation, and avionics installation capabilities, are all provided from its campus headquarters in Kinston, North Carolina. To learn more, visit
CTV News
20 minutes ago
- CTV News
Rezoning debate reignites fears over contamination at former CBC Calgary site
A redevelopment in Hillhurst is causing some concern among residents. Mason DePatie has details. Concerns over soil contamination are taking centre stage at Calgary city hall as council considers a controversial inner-city redevelopment in Hillhurst. During Tuesday's meeting, city council will decide on changing the land use designation for 1706 Westmount Blvd. N.W. It's the former site of the former CBC building, which has sat vacant for several years. Rezoning debate reignites fears over contamination at former CBC Calgary site Residents in Hillhurst are concerned about creosote contamination from a redevelopment, but the area councillor says there is no danger. Anthem Properties is looking to build a 269-unit apartment complex on the site, requiring the lot to be changed to a District Control District allowing multi-residential development. While residents do have some concerns about the complex, the main issue is what would be buried beneath it. Decades ago, a wood treatment plant operated across the Bow River, leaving behind creosote contamination that seeped under the river. The province filed a report in 2022 that found contamination at the Westmount site is mostly confined to the south portion of the lot and does not pose a risk through inhalation. But with construction on the horizon, the report does little to quell the nerves of those who live nearby. Jim Stirling, a Hillhurst resident and engineer by trade, is concerned that the excavation will stir up the creosote. 'What we're asking for is that they suspend the land use approval and appoint an independent panel to study the evidence that we've gathered to demonstrate our concerns,' he said. Rezoning debate reignites fears over contamination at former CBC Calgary site Ward 7 Coun. Terry Wong said he has heard from dozens of concerned community members about the issue. 'We've been advised by Alberta Environment that there is not a great risk,' he said. 'Most of that creosote is buried very, very deep in the bedrock, and a significant amount of clay above it and the water table. So again, disturbance of the creosote shouldn't be a problem.' Anthem Properties previously told CTV News that it would need to dig about three metres deep to build its single-storey parkade, leaving 1.2 metres above ground. It also notes that it has a risk management plan that includes testing, reporting, monitoring, and an exposure control protocol. If council approves the rezoning, construction could begin as early as next summer, with completion expected in 2028.
