The ‘Summer of Summer’ and other big stories this week

Trending 2 months ago

The national government’s consultation process connected tariffs for Chinese-made electrical vehicles ended this week, tensions roseate successful nan Middle-East, and Canada’s Summer McIntosh continued her power astatine Paris 2024.

Here are nan apical stories this week.

The ‘Summer of Summer’

Canadian swimmer Summer McIntosh is entering nan Olympic grounds books aft winning golden connected Thursday successful nan women’s 200-metre butterfly pinch a clip of 2:03:03.

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The 17-year-old started disconnected nan title among nan top-three swimmers, trailing down China’s Zhang Yufei, but arsenic nan arena wore on, McIntosh took nan lead. In nan end, McIntosh came successful first pinch Regan Smith of nan U.S. taking metallic and China taking bronze.

It’s not conscionable a grounds successful nan arena that McIntosh is taking location either; she joins Canadians George Hodgson successful 1912 and Alex Baumann successful 1984 arsenic nan only 3 Canadian swimmers to execute double golden astatine an Olympic Games and nan only female swimmer from Canada to do so.

This is nan highest property of an Olympian way and section athlete, investigation shows

In nan quest to understand nan pinnacle of quality diversion performance, researchers astatine nan University of Waterloo person delved into decades of Olympic data, uncovering a astonishing inclination among nan world’s top track and field athletes.

The study, published successful nan July 2024 rumor of the Royal Statistical Society’s Significance Journal, found nan median highest property for Olympic way and section athletes.

Canada women’s shot coach said spying for ‘scouting’ was normal successful email

The now-suspended caput coach of nan Canadian women’s shot squad said successful an email past twelvemonth that “spying” connected opponents “can beryllium nan quality betwixt winning and losing” and suggested different teams practise it — including nan Canadian men’s team.

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The email from Bev Priestman was portion of an speech submitted to FIFA by Canada Soccer during disciplinary proceedings aft an expert from nan women’s team used a drone to spy connected New Zealand’s believe convention up of a matchup astatine nan Paris Olympics past week.

The incident plunged Canada Soccer into a increasing morals ungraded successful nan mediate of nan Summer Games. What now?

Questions connected Freeland’s early are ‘whispers successful nan shadows’: Liberal MP

A Liberal MP dismissed caller media reports that Deputy Prime Minister Chrystia Freeland could beryllium connected her measurement retired politically, calling speculation her occupation whitethorn beryllium successful jeopardy “whispers successful nan shadows.”

James Maloney, who represents a riding successful westbound Toronto, defended Freeland at a news convention Monday wherever she was asked by reporters astir her governmental future.

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“These whispers successful nan shadows — and that’s what they are — return them for what they’re worth. It’s for illustration listening to talk radio, sports radio,” Maloney said.

Obama 2.0? How Kamala Harris’s societal media strategy is shaping her campaign

Will nan #KHive pave nan roadworthy to nan White House for Kamala Harris? Or will nan coconut character travel tumbling down?

Immediately aft U.S. President Joe Biden dropped his re-election bid and endorsed his vice-president to switch him arsenic nan Democratic nominee, societal media users — peculiarly young group and group of colour — sprang into action.

From “Kamala IS brat” to coconut emojis, memes and everything successful between, nan past week has shown nan powerfulness of integrated societal media movements successful politics.

Here’s really nan Harris run has leaned correct into it.

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Canadian seniors getting a top-up to aged property benefits

Benefit payments for Canadian seniors person gone up somewhat successful a scheduled summation arsenic status is “becoming unaffordable” for galore successful nan country.

July amounts of the Old Age Security (OAS) benefits accrued by 2.8 per cent compared pinch nan erstwhile twelvemonth aft adjusting for inflation.

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For nan July to September period, OAS benefits are rising by 0.7 per cent, according to nan government.

The OAS pension magnitude is based connected a person’s age, really agelong they’ve lived successful Canada arsenic an adult, and their income. Here’s really overmuch that translates to.

Liberal scheme for 30-year owe amortizations kicks in. Here’s who qualifies

Some Canadians looking to break into nan lodging marketplace are now capable to get 30-year mortgages, a bid from nan Liberal authorities to make owning a location consciousness much affordable.

Experts who said to Global News opportunity that while immoderate homebuyers are apt to spot their borrowing powerfulness summation because of nan caller regime, nan wide effect on housing affordability is apt to beryllium limited.

 'Is Freeland’s narration pinch Trudeau connected nan rocks? Minister questioned astir future'

1:56 Is Freeland’s narration pinch Trudeau connected nan rocks? Minister questioned astir future

Poll shows a 3rd of Canadians usage AI to negociate finances. Should they?

Younger Canadians successful peculiar are turning to artificial intelligence to style their finances, a study released this week shows.

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Experts show Global News location are galore tasks that AI is well-equipped to grip erstwhile it comes to making money decisions, but location are limits to really Canadians ought to trust connected nan evolving tech.

Ottawa’s consultation for tariffs connected Chinese EVs ends. What comes next?

In June, Finance Minister Chrystia Freeland told reporters that nan national authorities was concerned by “unfair” Chinese waste and acquisition practices successful nan electrical conveyance manufacturing sector. Freeland announced the start of a consultation process, which ends connected Thursday.

While it is unclear erstwhile nan results of nan consultation will beryllium made public, immoderate experts opportunity 1 result is astir likely: accrued tariffs connected Chinese-made electrical vehicles.

The loonie is faltering. Here’s why nan U.S. Fed mightiness supply a lift

Canadians whitethorn person noticed nan worth of their dollar dwindling ever since the Bank of Canada’s latest interest rate cut past week.

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But it’s a determination from the U.S. Federal Reserve coming up this week that could person much of a opportunity successful whether the loonie holds pat for nan remainder of nan summer.

Capital gains changes will bring successful billions — but little than Ottawa expects: PBO

Contentious changes to really superior gains are taxed successful Canada will bring successful billions little successful gross for nan authorities than Ottawa was expecting erstwhile it tabled nan 2024 national budget, according to nan Parliamentary Budget Officer.

The PBO connected Thursday tabled a probe of Liberal measures to hike nan inclusion complaint connected superior gains taxes.

The fiscal watchdog expects that, complete nan five-year readying sky successful nan budget, nan authorities will output an other $17.4 cardinal successful taxation revenues acknowledgment to nan changes.

That’s beneath nan $19.4 cardinal successful revenues nan Liberals had forecast successful nan fund successful April.

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CRA says 2M Canadians invited for automatic taxation filing aviator this year

Automatic taxation filing services person opened up to thousands of much Canadians arsenic portion of a nationalist aviator project.

The Canada Revenue Agency said successful a news merchandise connected Tuesday that much than 500,000 eligible Canadians were invited successful July to record their 2023 taxation returns by phone, online aliases by message utilizing nan agency’s SimpleFile services.

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The nationalist aviator program, which was included successful nan 2024 national budget, is to thief low-income Canadians who person ne'er revenge a taxation return aliases who person a spread successful their filing history.

Canada has much than 100K short-term rentals that could beryllium housing: report

The number of short-term rentals in Canada has grown sharply since 2017, pinch units that could beryllium considered usable for long-term housing growing moreover faster, a caller Statistics Canada study said connected Tuesday.

According to nan report, nan full number of short-term rental units successful Canada grew by 60 per cent betwixt 2017 and 2023. The number of units considered “potential semipermanent dwellings” (PLTDs) — aliases units that could beryllium semipermanent lodging — roseate by 80 per cent.

 Freeland'

1:15 Rules allowing for immoderate 30-year mortgages footwear successful Aug. 1: Freeland

More airlines are cancelling flights to Israel amid rising tensions

Amid ongoing tensions in Israel, much airlines are cancelling flights, pinch immoderate offering recreation credits aliases refunds arsenic a result.

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Some of nan cancellations travel amid concerns by diplomats that an escalation into all-out location warfare could hap aft caller Israeli strikes that subject officials opportunity killed elder Hamas leaders, and fears of convulsive retaliation.

Russia frees Paul Whelan, Evan Gershkovich successful awesome captive switch pinch West

Canadian-born ex-U.S. Marine Paul Whelan and American Wall Street Journal reporter Evan Gershkovich were among 16 prisoners freed by Russia connected Thursday aft nan U.S. and Moscow secured their largest prisoner swap in post-Soviet history.

Eight prisoners were returned to Russia, including group convicted of superior crimes successful nan West, successful speech for different journalists and dissidents nan West said were unjustly held by Moscow connected mendacious charges.

Canada and different Western nations impulse citizens to time off Lebanon now

Canada is connected a increasing database of Western governments urging their citizens to leave Lebanon aliases debar travelling there, arsenic fears emergence that escalating tensions betwixt Israel and Hezbollah could spiral into war.

“There is no removal cognition underway for Canadians presently successful Lebanon and you should not trust connected nan Government of Canada for immoderate early assisted departures aliases evacuation,” said Global Affairs Canada successful an email sent to Canadians registered in Lebanon.

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 'Biden says assassination of Hamas leader ‘has not helped’ Gaza ceasefire talks'

1:16 Biden says assassination of Hamas leader ‘has not helped’ Gaza ceasefire talks

The vanishing flu strain: Why Canada’s seasonal vaccine is changing

A strain of seasonal influenza has wholly vanished globally since March 2020, and owed to its disappearance, wellness officials successful Canada are changing up nan yearly flu vaccine.

The B/Yamagata influenza strain, erstwhile a ascendant unit among influenza B viruses, whitethorn person vanished wholly owed to nan stringent measures imposed during nan COVID-19 pandemic, according to nan National Advisory Committee connected Immunization (NACI). No cases person been confirmed crossed nan globe since March 2020.

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Due to nan strain’s disappearance, NACI announced connected July 26 that master groups person endorsed removing nan B/Yamagata constituent from influenza vaccine formulations. As a result, Canada’s flu vaccine will displacement from a quadrivalent to a trivalent formula.

 Ozempic shaper says unapproved compounded narcotics being sold successful Canada

Unapproved, compounded versions of a celebrated glucosuria and weight-loss supplier are being sold successful Canada, the Ozempic maker said, amid a informing astir dosing errors that person resulted successful immoderate group being hospitalized successful nan United States.

Novo Nordisk told Global News connected Monday that it has revenge a title pinch Health Canada regarding nan promotion and waste of compounded semaglutide, which is simply a cardinal constituent successful some Ozempic and Wegovy, successful Canada.

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