Evening update: Denis Shapovalov and Félix Auger Aliassime advance to Wimbledon quarter-finals – a first for Canada
Good night, let’s start with today’s best stories:
Canadians Shapovalov and Auger Aliassime advance at Wimbledon
First, Denis Shapovalov qualified for the quarter-finals at Wimbledon with a straight-set victory over top-seeded Spaniard Roberto Bautista Agut. Félix Auger Aliassime won five sets to defeat Germany’s Alexander Zverev and land his ticket to the quarter-finals in a match that was temporarily put on hold by delayed rain.
It’s a first for Canadian tennis to have two quarterfinals at Wimbledon.
On Wednesday, Shapovalov meets Russian Karen Khachanov and Auger Aliassime faces Italian Matteo Berrettini.
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CMHC Rolls Back Pandemic Loan Changes Amid Lost Market Share
The Canada Mortgage and Housing Corporation is relaxing its underwriting criteria for mortgage default insurance after changes it made last year were ineffective and caused it to lose market share.
The Federal Housing Agency Says It Has Returned To Consideration Of A Gross Debt Service Ratio Of Up To 39% And A Total Debt Service Ratio Of Up To 44% For Borrowers who have a strong track record in managing payment obligations. It will also now require at least one borrower or guarantor to have a credit score of at least 600.
Last July, the agency demanded a minimum credit score of at least 680 and limited the gross and total debt service ratios to 35 and 42 percent respectively, which is expected to reduce purchasing power to 11 percent. %.
COVID-19 developments: Canadian travel rules, UK restrictions to end and more
Starting today, more relaxed rules apply to returning Canadian travelers who are fully vaccinated and have negative COVID-19 test results and symptoms – here’s what you need to know.
In Britain, Prime Minister Boris Johnson today outlined his intention to end the social and economic restrictions of COVID-19 in England in two weeks, to determine whether a rapid deployment of the vaccine provides sufficient protection against the highly contagious Delta variant. This step would remove formal limits on social contact, instruction to work from home, and the requirement to wear face masks.
And Calgary City Council voted to repeal its masking bylaw, days before the Stampede began. Calgarians will no longer be required to wear face coverings indoors, except in city-owned spaces and vehicles, including public transportation.
Notice: COVID-19 cases are on the decline, but variants remain a concern. Is it time to let go of the mask? – André Picard
Read more: Next two days are ‘critical’ in efforts to quell the Delta COVID-19 variant outbreak in Sydney, authorities say
Trudeau announces federal funding for Algoma as part of election campaign
Prime Minister Justin Trudeau unveiled federal funding of up to $ 420 million for Algoma Steel to phase out coal-fired steel production in a speech in Sault Ste. Marie, Ont., Further fueling expectations that her government is preparing to send Canadians to the polls.
He teased that a similar announcement would be coming for another steel company, this time in Hamilton.
Asked about the campaign look of today’s event, he said the announcement has been in the works for some time and the groundwork has been laid in the spring federal budget.
ALSO IN THE NEWS TODAY
Lytton Wildfire Update: The wildfire that ravaged the village of Lytton, B.C., razing most of the community and killing at least two people, is believed to be man-made, the BC Wildfire Service has said. He is still investigating what exactly started the fire, but said it looked like it started in the community and spread from there.
Read more: The heat wave and the fires in British Columbia were caused by climate change, and they will not be the last. What should we do next?
Death toll rises in Miami condo collapse: The remains of three other people were discovered by rescuers today, as they were digging through fresh rubble after the last collapsed Florida condominium was demolished, allowing crews to reach places previously inaccessible. This brings the death toll to 27 while 118 others are still missing.
Stanley Cup Final Game 4 tonight: The Montreal Canadiens are on the verge of elimination, behind defending champion Tampa Bay Lightning 0-3 in the series. Canadians are looking to turn the tide, but after a tough year are they up for another challenge? Meanwhile, Montreal Police are increasing their presence as fans gather. Check back later tonight on GlobeSports.com for the score and highlights.
Porter sets a new service date: Porter Airlines is pushing back the date it plans to resume flights to September 8 from July 20, after several delays in the nearly 18 months after flights were suspended due to the pandemic.
RIP Matiss Kivlenieks: Columbus Blue Jackets goaltender Matiss Kivlenieks, 24, died of an apparent head injury in a fall, but a medical examiner later said the cause was chest trauma to the body. following a firework mortar shot.
Wendy Mesley is retiring: Wendy Mesley, news anchor and CBC television reporter, retired from the public broadcaster after 38 years.
Subscribe to our Olympic newsletter: Tokyo Olympic Games Update features original stories from Globe reporters in Canada and Tokyo, follow medals won by Team Canada and examine past Olympic moments of iconic performances.
Canada’s benchmark stock index closed at a record high today, spurred by a rally in energy stocks and rising oil prices after OPEC + countries failed to strike a deal for increase production. Wall Street was closed today for the July 4th vacation.
The S & P / TSX Composite Index rose 55.35 points or 0.27 percent to an all-time high of 20,281.46.
Amid Shameful Residential School Revelations I Can’t Stay Catholic
“In my six decades, I have been a Catholic of sorts: a birthplace Catholic, a confirmed Catholic, a Convenient Catholic, a non-practicing Catholic, a renewed Catholic, and a Catholic in conflict. Now I am only ashamed. – Bernadette Hardaker
Amanda Boyden’s new book I Got The Dog is laudable for offering little schadenfreude
“Short on politicians, white supremacists, or residential school deniers, few had aroused such outrage from the native population as Joseph Boyden. … I’ve heard worse things about the man in the powwow parking lots [than in the book]. “- Drew Hayden Taylor
Today’s episode of The decibel Podcast: Soaring prices have made it more difficult to buy a home in Canada than it has been in three decades. So how do you cool the housing market? Real estate reporter Rachelle Younglai explains how we got here, why the measures taken by governments so far have not helped, and what else could be done to bring prices under control.
LONG READING OF THE DAY
The world soybean market has been turned upside down. Can Canada come out on top?
When Jim Millington crossed the border from North Dakota to Manitoba in late May, the trunk of his Toyota Highlander hybrid SUV was full, but not just with luggage from his business trip to Fargo. It also contained an undisclosed number of 10-kilogram bags of soy flakes and five-liter cans of crude soybean oil.
Mr Millington did not want to reveal the quantities of these soy products because his new company, Canada Protein Ingredients, is in the process of conducting large-scale trials for a proprietary protein isolate production process. of non-GMO soybeans for human consumption. He doesn’t want to warn any potential competitors how much volume CPI’s processing plant will produce when it goes live, likely in late 2022 or early 2023.
The Ontario company’s foray into the soy protein isolate market is a first for this country. There are currently no Canadian processors making this type of isolate – the protein-rich ingredient in tofu, tempeh, and other plant-based alternatives to meat. “We add value to a Canadian culture,” said Mr. Millington, “and we keep a lot of that value here at home. ” Read Kathryn Blaze Baum full story here.
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