China wants to talk trade with Canada, Vancouver's sky high rentals hit suburbs, and more top news
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China wants to talk trade with Canada, Vancouver's sky high rentals hit suburbs, and more top news

The news Canadian professionals are talking about now, curated by LinkedIn’s editors. Join the conversation by clicking the hashtags below.

China is pushing Canada to resume trade talks. The country is reportedly concerned over Ottawa’s new trade deal with the U.S. and Mexico, that "allows a country to be punted from the… agreement if it enters into a free-trade deal with a ‘non-market country'," believed to be a reference to China. The two countries had agreed to start trade talks in 2016, which have been stalled since last year. No trade deal is expected before the next federal elections of 2019, according to The Globe and Mail. ? Here’s what people are saying.

Vancouver residents are being hit by an “affordability crisis,” according to a new report, which continues for renters that have moved out of the city to the suburbs. A combination of high rents and occupancy rates are leading “to a growing threat of homelessness” that follows former Vancouver residents to the suburbs, where rental prices are also skyrocketing. Low-income families and women are the most vulnerable, with the region last year experiencing an average vacancy rate of 0% in two-bedroom apartments for rent under $1,000. ? Here’s what people are saying.

Hurricane Michael has killed at least six people on its way through the Southeast part of the U.S., flooding the Carolinas with more rain in the wake of last month's Hurricane Florence. Michael is not only the most powerful hurricane on record to have hit the Panhandle, it's the third-strongest to sweep onto the continental U.S. After slamming into Mexico Beach, Fla., earlier this week, Michael has slowed to a tropical storm, heading toward the Atlantic. ? Here’s what people are saying.

U.S. markets fell steeply for a second day Thursday. Indexes had earlier stemmed a worldwide sell-off that started Wednesday amid inflation concerns, only to slide again in the afternoon. The Dow Jones Industrial Average closed 546 points lower, after spiraling more than 800 points Wednesday. The S&P 500 closed 2.1% lower, for a sixth straight decline. ? Here’s what people are saying.

The man behind the “disastrous” 2017 Fyre Festival has been sentenced to six years in prison for defrauding investors of $27.4 million. Advertised as a luxury music festival in the Bahamas, attendees paid thousands of dollars for tickets but arrived to find a “disorganized mess.” Billy McFarland also ran a concert-ticket scam while on bail, taking more than $150,000 from 30 people for non-existent tickets to events like the Met Gala and the Super Bowl. ? Here’s what people are saying.

Idea of the Day: We need to rethink how we educate girls and prepare young women to successfully join the world of work, says Mylan CEO Heather Bresch.

“But just because it’s not easy to address these complex issues doesn’t mean we shouldn’t do what’s right and tackle them head-on.”

What's your take on today’s stories? Share your thoughts in the comments. 

Carmel Melouney and Jessica Hartogs

Patricia McNeil

Partner at Canadian Wildlife Adventures

6 年

Canada needs to be very very mindful in not giving Canada away in any trade deals

Frank Ju

Junior customs broker at FedEx Express

6 年

Dictators like Xi and Putin are tougher leaders than what we have in Canada. U.S. politic is one big farce.

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Rondinelle Oliveira??

Marketing & Public Relations Strategist | ??Driving Growth with Innovation | ?? Speaker| ?? Impactful Campaigns |??Connecting Brands to Success | AI Researcher and Enthusiast ??

6 年

High rent in the suburb, would be a reflection of economic policy?

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Sree Y.

Data Science Consultant| Ex Business Intelligence Lead @Neon Marvels| Driving Growth Through Data and Analytics

6 年

Hey Umamaheswar Puttur Check the article on Vancouver

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