Skip to main content

Featured

Greece Launches €4 Billion Defense Overhaul with New Air Shield and F‑16 Upgrades

  Hellenic Air Force F-16s fly during a military parade marking an anniversary of ‘Ochi’ Day in Thessaloniki, October 28, 2022. Greece has approved a major €4 billion defense modernization package, including a new multi‑layer air and drone defense system and upgrades to 38 F‑16 fighter jets. The move strengthens the country’s “Achilles Shield” program and deepens defense cooperation with Israel.  Greece Advances Major Defense Modernization Plan Greece’s national security council (KYSEA) has formally approved a sweeping defense upgrade valued at approximately €4 billion , marking one of the country’s most significant military investments in recent years.  🇬🇷 Key Components of the Package €3 billion multi-layer air and drone defense system , forming the backbone of the “Achilles Shield” program. Greece is in advanced talks with Israel to supply major missile system components.  Upgrade of 38 F‑16 fighter jets to the advanced Viper configuration, enhancing ...
Post a Comment
Read more

article

Labels

Average Rent in Canada Hits All-Time High in 2024

 

According to a report by Rentals.ca, the average rent in Canada has reached an all-time high of $2,178 per month, showcasing an 8.6% increase from the same period in 2022 . The report also notes that the rental market will remain undersupplied in 2024, though a shift toward greater balance is expected . Rent growth is projected to converge toward its five-year average of approximately 5% .

The increase in rental costs shows no signs of slowing down, with one-bedroom purpose-built and condo rentals seeing the biggest increase (+13% YoY), averaging $1,850 . The average rent for two bedrooms came in at $2,192, while for three bedrooms, the average was reported at $2,413.

The outlook for renters in Canada in 2024 is not very optimistic, as the rental market is expected to remain tight. However, the report suggests that the rental market will become more balanced in the coming years.


Labels:

Comments

Post a Comment