Here's how much you need to earn to afford a home in these 13 Canadian cities
Affordability declined in most major housing markets in May, according to Ratehub.ca's latest affordability report, with eight of 13 major cities becoming less affordable. However, four became more affordable, with a couple by large margins. Here's how much money you need to make to live in 13 major cities across Canada.
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National Post
32 minutes ago
- National Post
Porter Airlines Welcomes the Sun With Service to Mexico, the Caribbean and Costa Rica
Article content New southern routes from Toronto Pearson, Ottawa and Hamilton Article content TORONTO — Porter Airlines is announcing its first flights to sun destinations in Mexico, the Caribbean and Costa Rica this winter. Travellers can choose from five destinations and 13 routes originating from Toronto Pearson International Airport, Ottawa International Airport and John C. Munro Hamilton International Airport. Article content The line-up of destinations includes Cancun, Mexico (CUN), Puerto Vallarta, Mexico (PVR), Nassau, The Bahamas (NAS), Grand Cayman, Cayman Islands (GCM), and Liberia, Costa Rica (LIR). Article content 'These are Porter's first routes outside of our longtime presence throughout Canada and the U.S., and we're starting off in a big way by introducing five distinctly different destinations,' said Kevin Jackson, president, Porter Airlines. 'This is a significant development for anyone who wants to fly with Porter to more places and experience our award-winning service that focuses on making flying enjoyable for economy travellers. Recognizing that many passengers prefer Porter's approach to economy travel, we have seen other Canadian airlines mimic our unique service in other regions where we already fly, such as by adding free beer and wine, and we anticipate that our competitors will do it again as we enter new sun destinations. But our loyal passengers know that the feeling of flying Porter can't be matched. It's intangible elements, like our caring people and generous service, that continue setting us apart. That's why people love Porter, and why they are going to enjoy flying with us to the sun.' Article content The initial winter schedule is below. Article content Porter is the only airline offering service from Ottawa to Grand Cayman and Liberia, as well as Hamilton to Puerto Vallarta and Nassau. Article content The schedule complements Air Transat's network in the region – as Porter's joint venture partner, this provides travellers additional choice for destinations, travel dates and flight frequency. VIPorter loyalty program members can redeem their VIPorter points for travel on Porter and Air Transat flights to sun markets for as low as 10,000 points one way. Article content Passengers will travel in style with Porter's elevated economy experience onboard the 132-seat Embraer E195-E2 aircraft. With a two-by-two configuration, there are no middle seats on any Porter flight. Complimentary Canadian premium snacks, and free beer and wine, served in glassware, are included in every fare. Passengers also enjoy free, fast WiFi, with speeds capable of supporting the use of multiple devices and the ability to curate your own entertainment through personal streaming subscriptions. Priority check-in, extra legroom seats, premium pre-mixed cocktails, and fresh, healthy meals are also available with the all-inclusive PorterReserve fare or for purchase à la carte with PorterClassic. Article content Full schedule details can be found at Article content 'ASUR is delighted to welcome Porter Airlines in Cancun. It is great to have your prestigious brand in our airport and destination. We are certain that you will be very successful, and your customers will enjoy this wonderful piece of paradise and all that it has to offer. Cheers to our Canadian friends!' Article content – Alejandro Vales Lehne, Customer and Route Development Director, ASUR 'We are thrilled to welcome Porter Airlines to the Cayman Islands this winter with its inaugural non-stop service from Toronto and Ottawa. We extend our sincere thanks to the Porter and CIDOT development teams for making this possible. Porter is a favourite among Canadian travellers, celebrated for its exceptional service and comfort. These new routes deepen our valued connection with our cherished Canadian visitors and offer even more convenient access to our breathtaking beaches, rich culture, outstanding cuisine, and signature Caymanian hospitality.' Article content – Rosa Harris, Director of Tourism, Cayman Islands Department of Tourism 'The arrival of Porter Airlines to Guanacaste is the result of ongoing efforts to strengthen the relationship between Costa Rica and Canada. During our recent tour of several Canadian cities, we confirmed that the interest in our country is growing, and these new routes from Toronto and Ottawa represent opportunities for more Canadians to discover the natural and cultural riches of Guanacaste and the rest of the country.' Article content – William Rodriguez Lopez, Costa Rica's Minister of Tourism 'We are thrilled to welcome Porter Airlines new nonstop service to The Bahamas. Canada is an important market. This new airlift perfectly aligns with our marketing strategy to continue to expand air connectivity in key markets.' Article content – Hon. I. Chester Cooper, Deputy Prime Minister and Minister of Tourism, Investments & Aviation, The Bahamas 'We are very pleased with the growth of the Canadian market in Jalisco. This is a key moment to strengthen our ties, highlight the closeness and affinity we share, and make it clear: in Jalisco, we welcome Canadians with open arms. That's why we have been receiving more and more Canadian visitors across our destinations, from Guadalajara and Chapala to Puerto Vallarta, Costalegre, and our Pueblos Mágicos. And we will keep doing so. Thanks to the increased connectivity we have announced with several airlines linking Jalisco to more than 17 airports across Canada. Today, we proudly celebrate the arrival of these new routes with Porter, one of Canada's most important airlines.' Article content – Michelle Fridman Hirsch, Minister of Tourism of the State of Jalisco 'We're excited to celebrate the launch of sun destinations by Porter from Hamilton International this winter, another milestone in our shared commitment to growth and to enhancing travel options for travellers across the Southern Ontario region. These routes provide more convenient access to warm-weather getaways, and we're particularly delighted about the service to Nassau, Bahamas, another airport in the Vantage Group with equally high guest experience expectations. Together, Porter, Hamilton International and Vantage Group are delivering a more seamless, comfortable, and elevated travel experience.' Article content – Peter Tong, CEO, TradePort and Vantage Group executive 'We congratulate Porter Airlines on their expansion to Mexico, the Caribbean and Costa Rica from Toronto Pearson, providing yet more customer choice. Canadian travellers are seeking more global connectivity, and we are pleased to see Porter provide more choices from Pearson.' Article content – Deborah Flint, President and CEO, Toronto Pearson 'We're thrilled to see such a significant expansion of Porter's winter schedule, bringing even more sun destinations within easy reach for our community. These added flights mean more choice, more convenience, and more opportunities for Ottawa-Gatineau passengers to escape the cold and enjoy some well-deserved warmth next winter. Grand Cayman and Costa Rica are brand new destinations for YOW, making the announcement even more exciting.' Article content – Susan Margles, President and CEO, Ottawa International Airport Authority About Porter Since 2006, Porter Airlines has been elevating the experience of economy air travel for every passenger, providing genuine hospitality with style, care and charm. Porter's fleet of Embraer E195-E2 and De Havilland Dash 8-400 aircraft serves a North American network from Eastern Canada. Headquartered in Toronto, Porter is an Official 4 Star Airline® in the World Airline Star Rating®. Visit Article content Article content Article content Article content
National Post
an hour ago
- National Post
FIRST READING: Ottawa sets target to keep Canada labour force 25 per cent immigrant
Article content TOP STORY Article content With Canada in the midst of a labour crunch, the Government of Canada has unveiled new targets to keep one-quarter of the the country's labour force filled by immigrants. Article content The figure is contained in a new departmental plan released last Friday by Immigration, Refugees and Citizenship Canada. Article content In a section entitled 'percentage of the Canadian labour force that is made up of immigrants and refugees,' the document indicates that the target is '≥ 25%.' Article content Article content Although the target is a reduction from the extreme highs charted in the immediate aftermath of the COVID-19 pandemic (when the figure hit 29 per cent), it still fixes Canada to a labour market comprised of historically high rates of immigrant and refugee workers. Article content As recently as 2011, the share of foreign-born workers in the Canadian labour force was 22.6 per cent, according to Labour Force Survey data compiled by the Bank of Canada. In 2006, it was 21.5 per cent. It's also significantly higher than the United States, which retains an immigrant labour force more in line with the Canada of 20 years ago. As of the most recent figures released by the U.S. Bureau of Labor Statistics, 'the foreign born accounted for 19.2 percent of the U.S. civilian labor force.' Article content The new targets occur against a relatively stagnant Canadian employment market where job growth has struggled for months to keep pace with high population growth. Article content Article content In Statistics Canada's most recent Labour Force Survey, the country added 8,800 jobs in the month of May. But since it added about as many workers, the unemployment rate actually went slightly up by 0.1 per cent. Article content 'Overall, there has been virtually no employment growth since January,' it reads. Article content According to November research by King's Trust Canada, the rise in youth unemployment has occurred in tandem with a massive increase in low-skilled positions being filled by temporary foreign workers. Article content Between 2016 and 2023, the report found that the rate of TFWs working in restaurants increased by 634 per cent, while those working in the retail sector increased by 456 per cent. Article content Since October, the Liberal government has been open about its intention to bring down Canadian immigration, with Prime Minister Mark Carney promising in a May 21 mandate letter to bring 'overall immigration rates to sustainable levels.'
Globe and Mail
an hour ago
- Globe and Mail
Integrated Cyber Launches Quantum Cybersecurity Initiative to Tackle One of the Greatest Threats of the Next Decade
VANCOUVER, British Columbia, June 25th, 2025 – Integrated Cyber Solutions Inc. (CSE:ICS) (OTCQB:IGCRF) ('Integrated Cyber' or the 'Company') is proud to announce the launch of its Quantum Cybersecurity Initiative, marking a new strategic focus for the Company. This forward-looking initiative aims to protect critical infrastructure and sensitive data from the rapidly emerging threat posed by quantum computing. Quantum computers are rapidly transitioning from theory to reality, bringing with them the serious threat of breaking the encryption that safeguards global commerce, national security, healthcare, and financial systems. Recent breakthroughs across the quantum computing industry highlight the urgency and scale of this challenge. For instance, IBM has revealed its plan to build 'Starling,' a fault-tolerant, large-scale quantum supercomputer expected to perform 20,000 times more operations than today's systems. It's so powerful that simulating its state would take more memory than a quindecillion of the world's most powerful classical supercomputers combined. 'Quantum computing threatens to dismantle the very foundations of today's cybersecurity infrastructure,' said Alan Guibord, CEO of Integrated Cyber Solutions. 'The world is facing a ticking clock. Organizations that fail to adapt will find themselves dangerously exposed.' Recognizing the scale and urgency of this emerging risk, Integrated Cyber Solutions is positioning itself to become a leader in quantum-resilient cybersecurity – a market projected to grow into a multi-billion-dollar global opportunity over the next several years. This is a defining moment for the cybersecurity industry,' Guibord continued. 'We believe the companies that act now will shape the future, and Integrated Cyber Solutions is determined to be at the forefront of this pivotal moment. Further announcements related to the Quantum Cybersecurity Initiative are expected in the coming weeks. About Integrated Cyber Solutions Integrated Cyber Solutions, Inc. is a global managed security service provider (MSSP) focused on a people-centered approach to cybersecurity. Serving small and medium-sized businesses and enterprises, the Company delivers training and awareness programs that empower employees to be the first line of defense, combining behavioral intelligence with advanced technology to address human vulnerabilities. Using its IC360 platform and a network of global partnerships, Integrated Cyber turns complex security data into clear, actionable insights. Its solutions integrate AI-driven threat detection, behavior-based training, and real-time intelligence, helping clients build resilient 'human firewalls' and simplify security management. With expanding operations across the Middle East, Africa, and South Asia—including key partnerships in the UAE, India, and Sri Lanka—Integrated Cyber tailors its solutions to diverse cultural and regulatory environments. This positions the Company as a leading behavior-focused cybersecurity provider in emerging markets, committed to making cybersecurity simple, people-first, and effective. For further information, please contact: 1 Stiles Road, Salem, New Hampshire, 03079, USA Tel: +1-212-634-9534 Email: Forward-Looking Statements This news release contains forward-looking statements. All statements, other than statements of historical fact that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future are forward-looking statements. Forward-looking statements in this news release include statements regarding: the Offering and its terms, including the intended use of proceeds of the Offering; the expiry of hold periods for securities distributed pursuant to the Offering; and other matters regarding the business plans of the Company. The forward-looking statements reflect management's current expectations based on information currently available and are subject to a number of risks and uncertainties that may cause outcomes to differ materially from those discussed in the forward-looking statements including: the Company may use the proceeds of the Offering for purposes other than those disclosed in this news release; adverse market conditions; changes in interest and currency exchange rates; and other factors beyond the control of the Company. Although the Company believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, undue reliance should not be put on such statements due to their inherent uncertainty. Factors that could cause actual results or events to differ materially from current expectations include general market conditions, other factors beyond the control of the Company and the risk factors with respect to the Company set out in the Company's filings with the Canadian securities regulators and available under the Company's profile on SEDAR+ at The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except as required by applicable law. Featured Image @ Freepik Read more investing news on to the PressReach RSS feeds:
