Skip to main content

Featured

Russia's Conditions for US Talks on Ukraine: A Path to Diplomacy?

  Russia has recently outlined its demands for potential negotiations with the United States regarding the ongoing conflict in Ukraine. According to sources, Moscow has presented a list of conditions aimed at ending the war and resetting relations with Washington. These demands include barring Ukraine from NATO membership, prohibiting the deployment of foreign troops in Ukraine, and recognizing Russia's claims over Crimea and four Ukrainian provinces. The discussions between Russian and American officials reportedly took place over the past three weeks, both in-person and virtually. While the exact details of the demands remain unclear, they are said to align with Russia's long-standing positions on NATO's eastward expansion and the "root causes" of the conflict. Ukrainian President Volodymyr Zelenskyy has expressed openness to a 30-day ceasefire as a preliminary step toward broader peace talks. However, concerns persist among U.S. officials and experts that Russi...

article

Canada’s Population Growth and the National Bank of Canada’s Report

 

According to a report by the National Bank of Canada, Canada is caught in a “population trap” for the first time in modern history and needs to limit immigration to escape it. A population trap is when the population is growing so fast that all available savings are needed to maintain the existing capital-labour ratio, making any increase in living standards impossible. 

National Bank’s report joins the growing chorus of concern that the influx of newcomers over the past two years, many of whom are temporary workers or students, is too much for the economy to handle.

Canada’s population grew by 1.2 million in 2023, a “staggering” amount when you consider that the next biggest surge was when Newfoundland joined the nation in 1949. From a global perspective, Canada’s population growth of 3.2% last year was five times higher than the average of Organisation for Economic Co-operation and Development nations. 

The economists say that Canada currently lacks the infrastructure and capital stock to adequately absorb current population growth and improve its standard of living. The strain is most evident in housing, with National saying the shortfall has reached a record of only one housing start for every 4.2 people entering the working-age population. Government programs are underway to address this, but to meet demand and reduce housing inflation, Canada would need to double its housing construction capacity to about 700,000 starts a year.

Comments