Fewer Canadians took out new mortgages in the second quarter CMHC

TORONTO — Rising interest rates and slower income and population growth helped temper demand for new mortgages in the second quarter, according to Canada Mortgage and Housing Corp.The federal housing agency says fewer Canadians opened new mortgages in the three-month period ending June 30, even though the total number of active mortgages and the value of those mortgages rose during the same quarter compared with a year ago.In a report which analyzed mortgage and consumer credit trends from credit agency Equifax, CMHC found that there were 205,000 new mortgages in the second quarter of 2018, down 11.9 per cent compared with a year ago.Most Montreal condo investors are paying out more than they make in rentCooling housing market dents CMHC’s third-quarter profitRental house demand still outpacing supply as national vacancy rate falls againThe decline came as the total number of active mortgage loans grew by 1.3 per cent to six million loans, while the average loan value grew by 3.7 per cent to $205,980.CMHC says the country’s total outstanding mortgage balance also rose, up five per cent to $1.23 trillion from the same period a year earlier.The housing agency says a low national unemployment rate helped temper the number of mortgages left unpaid for 90 days or more.It found that the number of delinquent loans fell to the lowest point since data became available in 2012. The total value of mortgages unpaid for 90 days or more fell 10.4 per cent to $2.4 billion during the period compared with last year.The report says those between the ages of 35 to 44 years old had the highest mortgage payments with a monthly average of $1,380.Mortgage loans accounted for a rising share of total debt at 66.5 per cent, says CMHC.The average monthly amount of non-mortgage debt, including credit card, car loan, line of credit and home equity line of credit, was $405 for mortgage holders. For non-mortgage holders, the monthly total was $267. read more

Police chase over alleged Clark County assault ends in Cowlitz County

first_imgA woman who allegedly assaulted someone with a baseball bat led to a car chase that ended with her arrest in Cowlitz County.Hillary C. Rick, 30, was booked in the Clark County Jail on suspicion of several counts of second-degree assault and attempting to elude police, according to a Clark County Sheriff’s Office news release.Deputies were dispatched at 6:23 a.m. Friday to investigate an assault report. Once they arrived, it was determined Rick was the suspect, according to the sheriff’s office.Another deputy, who knows Rick, spotted her speeding away from the scene. The deputy tried to stop the car but she took off, and a pursuit began, the sheriff’s office said.The deputy and a Battle Ground police officer chased Rick up state Highway 503 into Cowlitz County, where one of the law enforcement officers stopped her car using a Pursuit Intervention Technique, or PIT, maneuver.last_img read more

Slew of bills target voting process in Washington

first_imgWith last fall’s election fresh in their memories, many legislators are proposing changes to the election process. In-person voting, prepaid postage on ballots, and relaxing constituent outreach restrictions for incumbents could all become a reality if the measures pass.Sen. Don Benton, R-Vancouver, wants to loosen the rules about what information he and other state lawmakers could put on their official websites and in their official newsletters during campaign season. Benton said during a public hearing on his proposal, Senate Bill 5019, that although some restrictions are necessary to prevent campaign abuses, other restrictions are “completely ridiculous” and prevent his ability to communicate with the people in his district.State law prohibits legislators running for election to make any changes to their official Web pages during the months leading up to an election. (Most candidates maintain a campaign website, the content of which they can control.)Incumbents also are limited in the amount of official mail they can send to constituents. Legislators are allowed to send two newsletters about the legislative session during a campaign year, and there are rules for what can be put in those newsletters. The second newsletter can’t be sent out any later than 60 days after the legislative session ends.The bill Benton is proposing would lift those campaign regulations. It also states that “legislators have complete discretionary control of the content, text, language, and format of newsletters, subject only to budget limitations.”last_img read more

Boy Scouts settle California suit over abuse

first_imgLOS ANGELES — The Boy Scouts of America settled a sex abuse case Thursday involving a 20-year-old California man who was molested by a Scout volunteer in 2007 — a decision that will keep years’ worth of “perversion” files detailing sex abuse allegations secret from the public.The announcement of the settlement in the Santa Barbara case came after three days of trial. The terms were confidential at the Boy Scouts’ request, said Tim Hale, the plaintiff’s attorney.“I can’t go into details about the number, but it was a great result,” Hale said.Hale had won the right to use the “perversion” files as trial evidence to try to show the Boys Scouts were negligent by not properly training, educating and warning parents, Scouts and volunteers about the dangers of sexual abuse.He told jurors in his opening statement that they would receive a CD with 100,000 pages of internal documents from 1971 to 2007 during their deliberations. Many of the files have not been seen outside the Scouts.Hale said Thursday that the settlement will keep the files from being made public. Past settlements in similar cases in Texas and Minnesota also kept them secret.last_img read more

Five Arrested in Connection With Medication Theft from Shishmaref Clinic

first_imgShishmaref. (Photo: KNOM file)Five people, including two adults, have been arrested in connection to a break-in at the Shishmaref clinic and the theft of more than 100 painkillers—a theft Alaska State Troopers say was accomplished using tools the group stole earlier from the community school.The theft was discovered by the Shishmaref Village Public Safety Officer just before 9 a.m. on Friday, Sept. 12.Court documents allege 18-year-old man Ned Ahgupuk and three 15 year-old boys used a crowbar to pry open a door to the medication room, and then used the crowbar to pry open a locker containing the painkilling medication. Community health aides reported 101 tablets of Tylenol with Codeine, as well as five syringes of morphine, missing from the locker.Investigators say the group of four first slipped the lock to the clinic with a butter knife, but found the door quickly closed behind them. In a sworn affidavit, Alaska State Trooper Tim Smith writes Ahgupuk and the three minors then went to the Shishmaref school “to find a tool to break in.”Trooper Smith writes that Ahgupuk and two of the minors climbed through a window into the school as one of the minors and another man, 18-year-old Ryan Nayokpuk, waited outside. The three returned with a crowbar and several propane torches.Court records say the original group of four returned to the clinic with the crowbar, as “[Nayokpuk] remained outside the school,” and smashed the window with the crowbar before breaking into the medication locker.With the medication in tow, Trooper Smith writes the group “reunited with [Nayokpuk] … and ‘did lines’ of crushed … pills.” Smith writes the Nayokpuk took the crowbar because, “according to the other boys … he wanted to throw it away.”Troopers responded that day and arrested the three minors, as well as Ahgupuk and Nayokpuk. Smith’s affidavit states “[Nayokpuk] and the [three] juveniles admitted to the burglaries of both the school and the clinic” and that “[Ahgupuk] returned a bag of Tylenol … pills and a single morphine syringe” which he said came from the clinic. Nayokpuk admitted to “consuming” the pills.Troopers say two morphine syringes and “a majority” of the pills remain unaccounted for. Smith writes in his affidavit that “investigation is continuing into the whereabouts of the remaining drugs” and that the community “is concerned for their children due to the dangerous nature of Opioids.”The minors were taken to the Nome Youth Facility and are being held on charges related to burglary, theft, and misuse of a controlled substance.Ahgupuk faces six charges—including four felony charges of burglary, misuse of a controlled substance, and criminal mischief for property damage. He also faces two misdemeanor theft charges.Nayokpuk faces fewer charges—three in all—including felony charges of burglary and distribution of a controlled substance. He also faces one misdemeanor theft charge.Both men were taken to Nome’s Anvil Mountain Correctional Center and arraigned in mid-September. They’re now awaiting preliminary hearings at the end of the month.last_img read more

Functionalizing unactivated alkanes using reactions based on catalysts made from moreabundant materials

first_img Currently, unactivated alkanes are considered difficult to functionalize—most use an approach that involves opening hydrocarbon C-H bonds using a process involving precious and expensive metals. In this new effort, the team has found a way to use silicon and boron as catalysts instead. This is important because of the industry need to convert alkanes such as natural gas and petroleum to more valuable products.Alkanes do react relatively easily at high temperatures, as is seen in internal combustions engines, but such reactions are considered to be extremely difficult to control. Functionalizing alkanes allows for gaining more from them than just their energy potential, it allows for extracting components that can be used as precursors for the creation of rare chemicals which, in some cases, are considerably more valuable. Because they are relatively inert, and the bonds between the carbon and hydrogen are strong, they are difficult to functionalize. To break those strong bonds, the team made even stronger ones.The group started with benzene rings, preparing them with silicon and fluorine substitutes. They next primed a cycle using additional activated silicon, which they paired with carborane—this forced the fluorine to create an aryl intermediate which was able to break the C-H alkane bonds (which notably included methane). The resultant ring then released silicon, which kept the reaction proceeding. The team notes that the reaction can be conducted under temperature ranges from 30° to 100°C. It is not yet clear whether the process can be scaled to be cost effective, but if so, it could lead to a drop in prices for some products, particularly those based on increasingly abundant natural gas.The group is scheduled to give a presentation regarding their work at the next ACS meeting. Reactions involving putative phenyl cations. (A) Mascarelli’s reaction (12). (B) Siegel’s intramolecular Friedel-Crafts reaction of aryl fluorides (15). (C) Our dual C–F/C–H functionalization strategy. R = ethyl or triisopropyl; R1 = aryl, alkyl, halide, or silyl ether; WCA, weakly coordinating anion; TMS, trimethylsilyl; Mes, mesityl; Me, methyl; cat., catalytic. Credit: (c) Science (2017). DOI: 10.1126/science.aam7975 Explore further Researchers devise new, lower cost method to create more usable fuels © 2017 Phys.org More information: Brian Shao et al. Arylation of hydrocarbons enabled by organosilicon reagents and weakly coordinating anions, Science (2017). DOI: 10.1126/science.aam7975AbstractOver the past 80 years, phenyl cation intermediates have been implicated in a variety of C–H arylation reactions. Although these examples have inspired several theoretical and mechanistic studies, aryl cation equivalents have received limited attention in organic methodology. Their high-energy, promiscuous reactivity profiles have hampered applications in selective intermolecular processes. We report a reaction design that overcomes these challenges. Specifically, we found that β-silicon–stabilized aryl cation equivalents, generated via silylium-mediated fluoride activation, undergo insertion into sp3 and sp2 C–H bonds. This reaction manifold provides a framework for the catalytic arylation of hydrocarbons, including simple alkanes such as methane. This process uses low loadings of Earth-abundant initiators (1 to 5 mole percent) and occurs under mild conditions (30° to 100°C).center_img (Phys.org)—A team of chemists at the University of California has developed a cheaper way to functionalize unactivated alkanes (hydrocarbons such as ethane, methane and propane) by using much more abundant catalysts. In their paper published in the journal Science, the team describes the reaction design they created that overcomes prior challenges related to high-energy reactivity profiles. This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. Journal information: Science Citation: Functionalizing unactivated alkanes using reactions based on catalysts made from more-abundant materials (2017, March 31) retrieved 18 August 2019 from https://phys.org/news/2017-03-functionalizing-unactivated-alkanes-reactions-based.htmllast_img read more

An evening with royals

first_imgThey recently hosted the performance of  Aamir Raza and Virat Hussain’s play Mehernama.The hotel played a perfect host to theatre doyens and impresarios Aamir Raza Husain and his wife Virat Husain and the guests enjoyed the splendid performance and rounded off the lovely evening with cocktails and scrumptious delicacies.A close knit group of  theatre lovers sat mesmerized as each scene unfolded and took everyone down the lanes of history. The gathering of 400 guests were completely in awe of the magnificent set depicting the emperor’s palace that reflected exquisite craftsmanship. Also Read – ‘Playing Jojo was emotionally exhausting’The  fine  performance  by  the artists and the witty one liners in between added to the richness of the experience. The play took the audience back in history where they got a chance to witness the story of Empress Nur Jahan unfold in front of their eyes on stage.It was not just a lesson in history, it was an artistic celebration of the rich Mughal culture and opulence the country once witnessed.This  play  is  an  extravagant  drama  on the life of Nur Jahan. born as Mehr-un-Nissa, was Empress of the Mughal Empire as the chief consort of Emperor Jahangir. A strong, charismatic and well-educated woman, she is considered to be one of the most powerful and influential women of the 17th century Mughal Empire.Nur Jahan remains the only empress of india whose name appears on the coinage and currency  of  Hindu stan.  For eighteen years she ruled this country without fear or favor, and became a model of powerful medieval womanhood.  Mehernama is  a  Love saga between  Emperor  Jahangir  and Empress Nur Jahan and is beautifully  directed  and designed by the Husains.last_img read more

TravelBrands Cruises announces exclusive 3 For Free promotion

first_imgTags: Encore Cruises, TravelBrands, TravelBrands Cruises Monday, June 4, 2018 Posted by TravelBrands Cruises announces exclusive ‘3 For Free’ promotion Travelweek Group MISSISSAUGA – TravelBrands Cruises, by Encore Cruises, has launched an exclusive giveaway making any traveller’s next sailing much sweeter. Passengers can receive free onboard credits, or wine and strawberries on their next cruise. Running from June 4 until June 11, 2018, clients who book any stateroom category with any cruiseline through TravelBrands will receive one of three giveaways through its ‘3 For Free’ promotion.Through this promotion, Inside stateroom bookings will receive free chocolate dipped strawberries. Those who book an Oceanview stateroom will be given a complimentary bottle of wine along with chocolate dipped strawberries. Lastly, any Balcony booking or above will be given a free $100 onboard credit, bottle of wine and chocolate dipped strawberries.This offer is applicable to new individual bookings departing between July 1 and August 31, 2018. The ‘3 For Free’ giveaway is valid on all stateroom categories with any of Encore’s cruiseline partners. In order to qualify for this exclusive promotion, the minimum cruise fare per stateroom must be $1,000 CAD.More news:  Honolulu authorities investigate arsons at 3 Waikiki hotels; no injuries reportedTravel agents are encouraged to visit www.travelbrandsaccess.com to learn more about this limited-time offer, and to make their bookings so clients can sail away with a great deal. << Previous PostNext Post >>last_img read more

The Langham Melbourne wins top city hotel award in Travel Leisure W

first_imgView from the Club Terrace Room For the third year in a row, the luxurious Langham, Melbourne has been awarded the top honour by readers of respected American publication Travel + Leisure. The elegant hotel was named the top city hotel for Australia, New Zealand and the South Pacific in the 2011 World’s Best Awards for the third consecutive year, cementing a reputation as the luxury hotel of choice for sophisticated business and leisure travellers.The awards, which were announced on NBC’s Today Show, are a result of Travel + Leisure’s 16th annual ‘World’s Best Awards Readers’ Survey’, polled by magazine subscribers in January 2011.Being named the top city hotel by Travel + Leisure for the third year running is an exceptional achievement for the hotel, which added to its five-star room offerings this year with the launch of the Club Terrace Rooms that boast expansive 50m2 private balconies, as well as a stylish redecoration and introduction of the Grand Room category.Well-known for its timeless elegance, genuine service and luxurious facilities, including the acclaimed Chuan Spa, The Langham is situated in the heart of the city’s thriving arts and culture precinct and offers stunning views of Melbourne’s city skyline, the Yarra River and Federation Square. The hotel’s fine attention to detail, service with poise and enchanting hospitality has ensured that all guests are welcomed and looked after in only the highest esteem. The Langham, Melbourne’s Managing Director, Mr. Ben Sington was delighted to accept the award, and said that the prestigious accolade was a testament to the hotel’s staff and their continuing pursuit of excellence in guest service. “We are very honoured to have been recognized by the readers of Travel + Leisure for the third time running,” Mr Sington said. “The Langham, Melbourne epitomizes the luxury hotel experience, and we are proud that our efforts in providing the highest level of service to our guests continue to be recognized,” said Mr. Sington. “We place particular value on the Travel + Leisure Awards and the continuing acknowledgement by the magazine’s readers. The survey results are a measure of the experience we have shown our guests over the past year and provide valuable insight into the destinations and service delivery world travellers hold in high regard. To continue our success for the third year is a great honour and accolade.”The results of US Travel + Leisure’s 2011 World’s Best Awards will appear in the August issue of the magazine. Source = The Langham, Melbournecenter_img The Langham, Melbournelast_img read more

Auckland named Australasias top tourism destination

first_imgAuckland has once again beaten Sydney, Bora Bora, The Whitsunday Islands and Fiji’s Yasawa Islands to take out the title for Australasia’s top destination in the 2012 World Travel Awards.Auckland Tourism, Events and Economic Development (ATEED) is delighted that Auckland has received the prestigious accolade, the city’s second win in three years in this category. Now celebrating its 19th anniversary, the World Travel Awards (WTA) acknowledge and recognise excellence in the global travel and tourism industry. The travel elite of Asia, Australasia and the Indian Ocean were announced at a ceremony hosted in Singapore on Thursday 18 October.Also recognised in the awards were Air New Zealand, named Australasia’s leading airline for the fourth year in a row, and Tourism New Zealand, named Australasia’s leading tourist board.ATEED Acting General Manager Destination Jason Hill says the win reflects Auckland’s ever-growing strength as a truly international destination.“This is an outstanding result that once again shows Auckland is more than holding its own against some of the world’s most popular destinations. We are consistently ranked as one of the best places in the world to visit, live, study and invest, and this latest award is further testament to that,” says Mr Hill. The awards, described by the Wall Street Journal as the ‘Oscars’ of the global travel and tourism industry, reveal who are the ‘best of the best’ in the world. Votes are cast by 183,000 travel professionals, including travel agencies, tour and transport companies and tourism organisations in over 160 countries across the globe.Winners of the regional ceremony will now go on to compete in the World Travel Awards 2012 Grand Final in New Delhi on 12 December 2012.ATEED works to help drive Auckland’s visitor economy and contribute to making Auckland the world’s most liveable city. Source = ATEEDlast_img read more