Revisions place household debt ratio at 163 per cent
The Canadian Press reports revised Statistics Canada figures show household credit market debt at 163 percent of disposable income in Q2, up from 152 percent and excluding non profit institutions. The change implies a steeper debt climb over a decade and greater vulnerability to a housing correction.
MENTIONED IN THIS ARTICLE
Ottawa
Statistics Canada
U.S
David Madani
Capital Economics
Canada
Madani
Bank of Canada
Mark Carney
TD Bank
Diana Petramala
U.K
Feds back gun markings to aid tracing despite registry repeal
The Public Safety Department will enforce long gun markings starting December to identify firearms and link them to the last legal owner. Officials say the rule aids police investigations while acknowledging limited usefulness for tracing non-restricted guns and avoiding penalties for owners. Critics call the move an optics play and a burden on hunters and dealers.
MENTIONED IN THIS ARTICLE
Feds
Ottawa
Public Safety Department
Canada Gazette
Harper
Canada
Toews
Tony Bernardo
Canadian Shooting Sports Association
Bernardo
Three National Defence civilians fired amid restructuring
National Defence dismissed three mid level civilian executives on October 3 including Andre Bouchard, president of CANEX, and Randy Helgason who oversaw personnel programs. Defence sources say the moves aim to change direction of the organizations. Bouchard led the pension clawback issue tied to a class action by Dennis Manage.
MENTIONED IN THIS ARTICLE
UND
Ottawa
National Defence
Federal Treasury
Andre Bouchard
Gerry Mahon
Randy Helgason
Defence
Bouchard
Mahon
CANEX
Helgason
Commodore Mark B. Watson
Halifax
Dennis Manage
Air India bombmaker seeks review of perjury conviction
Vancouver man Inderjit Singh Reyat asks the Supreme Court of Canada to overturn his 2010 perjury conviction tied to testimony at the Air India Flight 182 bombing trial. The case, tied to deaths of 329, including Canadians, seeks final legal resolution decades after the 1985 catastrophe.
MENTIONED IN THIS ARTICLE
Air India
Vancouver
Inderjit Singh Reyat
Supreme Court of Canada
Atlantic Ocean
Reyat
Ripudaman Singh Malik
Ajaib Singh Bagri
Tokyo
B.C
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