Lumber price has fallen 50% since March with real estate, wheat, oil and other commodities also loosing value: analysts read this as a sign that inflation may have peaked or could be coming to an end

Foreign ministry said it erred issuing a public statement advising all Canadians in the Middle East to leave if possible in view of escalation of conflict between Israel and Iran; Canadians are now asked to consult travel advisories country by country

Over 166 fires are currently active across central Canada, 84 of which are considered out of control; a state of emergency has been declared by Manitoba, followed by Saskatchewan, and mass evacuations have started, with over 17.000 needing airlifting

Prime Minister Mark Carney presented his new cabinet with many new faces and with less veterans; announcing the team he pledged it will deliver new ideas and “decisive action” on key points such as trade, crime and the cost of living