Baby dies in car after father forgets to bring child to Montreal

first_imgMONTREAL – Montreal police say a six-month-old baby boy has been found dead by his father who forgot him in the car while he was at work.Police says the father went to a daycare in Old Montreal around 5:30 p.m. Friday to pick up his son.But police say daycare workers told the father they had not seen the boy all day.They say the man then realized that he forgot to drop the boy off in the morning and instead left the child in the car.First responders tried to resuscitate the baby, but he was declared dead at the scene.A coroner was dispatched and the child’s parents, who suffered nervous shock, were transported to hospital.last_img

Canadas defence spending questioned at NATO parliamentary meeting

first_imgThe Canadian Press HALIFAX — Canada’s deputy minister of national defence held fast to the government’s stance on defence spending, despite some pointed questioning about Canada’s commitment during a NATO parliamentary meeting in Halifax.U.S. congressman Michael Turner, the acting chairman of NATO’s defence and security committee, questioned Jody Thomas about whether Canada intends to table a plan for meeting the two per cent of GDP standard for defence spending that was agreed to by alliance members in 2014.Thomas stuck to the Liberal government’s line, saying Canada intends to increase its defence budget by 1.46 per cent by the end of 2024.She also reiterated that aside from its financial commitment, Canada believes it contributes to the alliance in a “qualitative” way through its participation in several NATO operations.But Bob Stewart, a member of the United Kingdom delegation, reminded Thomas that Canada agreed to the commitment along with the rest of its partners in 2014.Stewart, a Conservative MP, says Canada’s current spending on defence is “not enough,” and getting to two per cent is crucial to strengthening the alliance.last_img read more

Devon Energy quits Canada selling oil business to Canadian Natural for 38

CALGARY — Canadian Natural Resources Ltd. has signed a deal to buy the Canadian operations of Devon Energy Corp. for $3.8 billion.The assets include thermal in situ oilsands production and conventional primary heavy crude oil operations located adjacent to existing Canadian Natural assets. The production acquired under the deal totals 128,300 barrels per day, including 108,200 from the thermal in situ operations and 20,100 from conventional operations.“This acquisition is a great fit for Canadian Natural resulting in a win for both parties and provides further balance to our diverse portfolio,” Steve Laut, Canadian Natural’s executive vice-chairman, said in a statement. Canadian Natural is expected to add about 735 new employees from Devon, including both field and head office personnel.The company said the deal also includes 607,000 hectares of land, of which 405,000 hectares are undeveloped.Devon, which put its Canadian assets up for sale in February, is the latest foreign company to reduce its ownership in the oilsands in recent years.Others that have made similar moves include Norway’s Statoil, France’s Total SA, Arkansas-based Murphy Oil and Houston-based ConocoPhillips.“The sale of Canada is an important step in executing Devon’s transformation to a U.S. oil growth business,” Devon chief executive Dave Hager said in a statement.“This transaction creates value for our shareholders by achieving a clean and timely exit from Canada, while accelerating efforts to focus exclusively on our high-return U.S. oil portfolio.”The deal, which is subject to normal closing conditions and regulatory approvals, is expected to close June 27. read more

Linamar gets 101 million in federal Ontario funds for 507million expansion

by The Canadian Press Posted Jan 12, 2015 8:25 am MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email Linamar gets $101 million in federal, Ontario funds for $507-million expansion GUELPH, Ont. – The federal and Ontario governments are handing over $101 million to a Guelph-based auto parts manufacturer that is promising to create 1,200 “high-quality” local jobs over the next decade.Linamar Corp. (TSX:LNR) announced Tuesday a $500-million expansion to its Ontario operations, with the Ontario government providing a $50.25-million grant and Ottawa contributing $50.7 million in the form of a repayable loan.“There’s no shortage of regions that are willing to offer all kinds of incentives to companies,” Linamar CEO Linda Hasenfratz said at an announcement ceremony. “And I think it’s wonderful to see our governments stepping up and being competitive.”Transport Minister Lisa Raitt said the federal loan will support the project to ensure that Linamar’s total investment of over half a billion dollars stays in Canada.“Canada really is a great place to build cars, and our government is serious about supporting this industry and the well-paid, highly-skilled jobs that it represents,” she said.The province’s grant to Linamar is the first from its 10-year, $2.5-billion Jobs and Prosperity Fund, said Premier Kathleen Wynne.“This is an example of the kind of investment, the kind of partnership that we can enter into because of that fund,” she said. “The provincial and the federal governments both have a role to play in partnering and in making sure that growth can continue.”Linamar said its $506.8-million expansion will focus on producing lighter, more efficient automobile transmission and power train parts. The $101 million from the two governments will be used to purchase new equipment and will fund research and development of new products, said Hasenfratz.“The 1,200 additional jobs will be right here in Guelph, and that’s in addition to the existing jobs that will be protected,” she said. “The (government) funding is absolutely key to enabling the investment.”The 50-year-old company — the largest employer in Guelph — already has 6,870 workers in Ontario, part of it’s global workforce of 19,000 in 12 countries.The fact the federal and Ontario governments have worked to keep corporate taxes low was also a big factor in Linamar’s decision to expand in the province, as was the Conservatives’ push for more free trade agreements, added Hasenfratz.“Our tax rate is a huge advantage, the lowest in the G7,” she said. “We have an increased focus on free trade, which I think is fantastic to open up new markets to Canadian companies.”The province said its business grants are contingent on the company meeting investment and job targets.“This is a significant investment in the future,” said Wynne. read more

NEB sets aside 10 million for Energy East pipeline hearing participants

NEB sets aside $10 million for Energy East pipeline hearing participants by 660 NEWS Staff Posted Jun 22, 2016 12:31 pm MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email Energy East Pipeline CALGARY – The National Energy Board says it has doubled funding to $10 million help interveners participate in the Energy East pipeline hearings.The NEB says it’s the largest amount ever set aside by the board through its participant funding program as it looks to conduct a more engaged hearing process.The Energy East panel will hear from 337 interveners and 271 commenters, while those not granted participation rights will be able to share their views through expanded public engagement activities.The hearings will take place in 10 locations in New Brunswick, Quebec, Ontario, Manitoba, Saskatchewan and Alberta, starting on Aug. 8 in Saint John, N.B., and wrapping up in December in Kingston, Ont.The NEB says there were 2,652 applications to participate in the hearings, of which over 100 were duplicates and another 1,450 were submissions of a form letter about climate change and upstream greenhouse gas emissions.It says Environment and Climate Change Canada will be the body assessing the potential upstream emissions of TransCanada Corp.’s (TSX:TRP) proposed 4,500-kilometre pipeline, which aims to ship 1.1 million barrels a day of Alberta and Saskatchewan crude to refineries in Eastern Canada and an export terminal in New Brunswick. read more

INTERVIEW Ahead of Baku Forum UN official spotlights soft power approaches to

Nassir Abdulaziz Al-Nasser, of Qatar, who held the presidency of the UN General Assembly for its 2011/2012 session and now heads up the UNAOC as the Secretary-General’s High Representative, said that the recent rise of violent extremism and terrorism worldwide only strengthened his work and mandate. Since I took office three years ago, I see the challenges rising especially coming from xenophobia, intolerance and radicalization. “As you know, the Alliance of Civilizations initiative came after ‘September 11’ and attacks in Madrid and London,” he told the UN News Centre, referring to terrorist acts in 2001, 2004 and 2005. He stressed that the establishment of UNAOC in 2005 was in response to fears that clashes of cultures, religions and civilizations are driving conflict. “Since I took office three years ago, I see the challenges rising, especially coming from xenophobia, intolerance and radicalization,” he added. Given this situation, UNAOC’s work must be more visible than ever, he stressed, noting that his priorities also include addressing issues related to the growing migratory flows that are threatening international peace and security, and the spread of negative narratives, such as hate speech on social media. Imperatively, his Office works with other UN organizations in the areas of peace and security, human rights, the rule of law and development. “We are almost everywhere on the UN agenda,” Mr. Al-Nasser said, noting that he can capitalize on his experience as a former General Assembly President. The mandate of the Assembly is much broader, he said, dealing with all issues confronting the UN. “But when I was President, I focused on promoting dialogue, mediation and the culture of peace, and supported the work of the Alliance,” he recalled. Nassir Abdulaziz Al-Nasser speaks to the UN News Centre about terrorism, migration and social media. Credit: United Nations His approach was to focus on ‘soft power’ tools set out in Chapter VI of the UN Charter, which urges pacific settlement of disputes, including negotiation, mediation, conciliation, arbitration, and judicial settlement, instead of Chapter VII, which allows military action as a means to restore international peace and security. “Mediation is also soft power to prevent conflict by using different methods and ways than the Security Council and Chapter VII,” he said. The Alliance’s Global Forum Baku 2016, to be held in the Azerbaijani capital from 25 to 27 April, will bring together nearly 3,000 participants, including Heads of State and Government, political officials, civil society representatives, religious and youth leaders, who will share their perspectives and solutions under the main theme on “Living Together in Inclusive Societies: A Challenge and A Goal.” Under a sub-theme, the Forum will tackle head-on the issue of preventing violent extremism, a topic that is growing in importance and high on UN Secretary-General Ban Ki-moon’s agenda this year. In January, Mr. Ban presented his Plan of Action to Prevent Violent Extremism for consideration by the General Assembly. The Plan calls for a comprehensive approach encompassing not only essential security-based counter-terrorism measures but also systematic preventive steps to address the underlying conditions that drive individuals to radicalize and join violent extremist groups. It provides more than 70 recommendations to Member States and the UN system. Mr. Al-Nasser said UNAOC’s work and inputs will feed the Secretary-General’s initiative. The Forum is expected to adopt the Baku Declaration as an outcome, which would note the role of UNAOC in addressing the drivers of violent extremism through its programming in youth, education, media and migration. The significance of holding the Forum in Baku is that “Azerbaijan is located at the crossroads between the East and West, a very important point of convergence of various cultures and religions,” he said. @media only screen and (min-width: 760px), screen9 {#PhotoHolder3 #PhotoCrop { max-height: 770px; /* sets max-height value for all standards-compliant browsers */ width: 134%; margin-left:-161px; margin-top: -240px;}#story-headline{ font-size: 4.0em; line-height: 1.2em; color:#fff; position: relative; top: 40px; xtext-align:center; text-shadow: 6px 6px 6px rgba(0,0,0,0.8); xwidth:70%; xmargin-left:55%;}}#sidebar {display:none;} div#story-content .span8 {width:100% !important} #fullstory p { font-size: 14px; line-height: 1.6em;}blockquote { font-size: 1.2em; line-height: 1.5em; font-style:italic;} read more

Only A Superteam Could Stop LeBron

FiveThirtyEight More: Apple Podcasts | ESPN App | RSS On the latest episode (June 13, 2017) of Hot Takedown, FiveThirtyEight’s sports podcast, we first talk about the right way for teams to approach the MLB draft. Then FiveThirtyEight’s Kyle Wagner stops by to talk about the Golden State Warriors’ 129-120 Game 5 victory over the Cleveland Cavaliers. Are these Warriors the greatest team of all time, and what makes them so good? We deliberate. Plus, a significant digit on Rafael Nadal.Here are links to stories we discussed this week:FiveThirtyEight’s Neil Paine argues that Moneyball’s draft advice has outlived its usefulness.Neil also writes that although the Warriors are still in the GOAT debate, they blew their chance to end it.Check out Kyle Wagner’s piece on how the Warriors duped the NBA.Kyle and Chris Herring write that the Warriors belong to Kevin Durant now.Sports Illustrated’s Deantae Prince does a category-by-category examination of the Warriors vs. the 1995-96 Chicago Bulls.Significant Digit: 10, the number of French Open titles Rafael Nadal has won. Nadal beat Stan Wawrinka to win his first Grand Slam in three years. read more

Homan following in Laurinaitis footsteps

A four-star recruit coming out of Coldwater High School, senior co-captain Ross Homan was highly touted coming to Ohio State in 2006. Entering a program in Columbus with a long tradition of great linebackers, Homan said he embraced the challenge. “At Ohio State you always have great expectations, it comes with great challenges,” Homan said. “But I think every person here, all the seniors, we want to be challenged everyday. I think it is a matter of stepping up to those challenges and meeting those expectations.” Now halfway through his senior campaign and with more than 250 career tackles to his name, Homan has certainly lived up to the hype and met, if not exceeded, those expectations. A three-year starter, Homan made an impact right away, appearing in all 13 games his freshman year. Collecting 28 tackles in his first year at OSU, Homan said having premiere linebackers such as James Laurinaitis to learn from definitely helped his transition from high school to college. “When I first came in, the person who hosted me on my recruiting visit was James (Laurinaitis) and he really was my older brother here, which was a huge asset to me,” Homan said. “I saw how he watched film, how he worked out, how he approached the game overall … It just really helped me out playing with James.” With Laurinaitis gone, Homan began to gain fame in 2009 when he led the Rose Bowl-champion Buckeye squad in tackles with 108. Despite now being a focal point on the defense and a captain on this year’s team, the 2009 second-team All-Big Ten selection’s production has stayed strong, once again leading the Bucks in tackles. Recognizing his role as a leader on the team, Homan has taken his job as captain to heart and hopes his all-out playing style rubs off on his teammates. “Now I have to be a leader,” he said. “I’m not a real vocal leader, but I’m more of a by-example leader, so I have to lead this team anyway I can, get on the younger guys and just try to get better at that everyday.” As his Buckeye career comes to a close, Homan continues to cement his name in OSU history. Defensive tackle Dexter Larimore believes, as far as linebackers go, he may be one of the tops this university has ever seen. “I think once you look back on his lifetime here and what he has done here, I think he will be up there,” Larimore said. “If you look at the film and you watch him move side to side and do the things that he has done … I personally think he will be one of the top five guys that have come out of here.” read more

Marée noire au Mexique les EtatsUnis vont poursuivre des employés de BP

first_imgMarée noire au Mexique : les Etats-Unis vont poursuivre des employés de BPLa plateforme pétrolière Deepwater Horizon qui avait explosé en avril 2010 continue à faire parler d’elle puisque la justice américaine est en train d’enclencher de nouvelles procédures judiciaires contre des employés de BP. Si ces poursuites étaient engagées, il s’agirait des premières charges criminelles retenues dans cette affaire.L’explosion le 20 avril 2010 de la plateforme Deepwater Horizon, à 80 kilomètres au large de La Nouvelle-Orléans, avait fait 11 morts et répandu des centaines de millions de litres de brut dans le golfe du Mexique jusqu’à la fermeture du puits, quatre mois plus tard seulement. Le Bureau chargé du respect des règles de sécurité et environnementales (BSEE) a déjà publié deux listes d’infractions relevées dans les activités de BP au puits Macondo qui a explosé, causant le pire désastre environnemental dans l’histoire des Etats-Unis.À lire aussiMarée noire : un oléoduc déverse des litres de pétrole dans une rivière d’AmazonieDepuis, BP fait face à de nombreuses plaintes et a cédé pour 24 milliards de dollars d’actifs afin de constituer une “cagnotte” destiné à payer ses dépenses juridiques liées à la marée noire. En effet, les autorités américaines ont émis une série de notifications pour violation de la loi visant le groupe BP. Mais les sous-traitants tels que l’américain Halliburton qui a construit le coffrage en ciment du forage, ou le suisse Transocean, propriétaire de la plateforme, sont eux aussi mis en cause.Ainsi, le ministère américain de la Justice s’apprête à poursuivre des employés de BP, affirmait hier le site internet du Wall Street Journal. Si ces actions juridiques étaient engagées, il s’agirait des premières charges criminelles retenues dans cette affaire. Selon le journal qui cite des sources proches du dossier, le ministère de la Justice enquête sur le rôle joué par des ingénieurs de BP basés aux Etats-Unis et par au moins un responsable, qui pourraient avoir fourni des informations erronées sur les risques de l’exploration en eaux profondes dans le Golfe.Une amende et jusqu’à cinq ans de prison Des charges criminelles pour la fourniture de fausses informations dans des documents fédéraux pourraient être rendues publiques au début de l’an prochain, rapporte TV5monde. En cas de condamnation, les accusés encourent une amende et jusqu’à cinq ans d’emprisonnement, rapporte le Wall Street Journal. L’agence américaine qui supervise les forages a affirmé avoir établi que BP n’avait pas mené à bien de test de maintien de pression dans une zone du puits. De plus, dans quatre parties du puits Macondo, le groupe a échoué à stopper le forage alors que les conditions de sécurité n’étaient plus réunies, selon l’agence.Le 29 décembre 2011 à 12:44 • Maxime Lambertlast_img read more

Nokia Lumia 620 prix et caractéristiques dun Windows Phone 8 accessible

first_imgNokia Lumia 620 : prix et caractéristiques d’un Windows Phone 8 accessibleNokia a annoncé, via communiqué, l’arrivée d’un nouveau smartphone sous Windows Phone 8. La nouveauté ? Il semblerait qu’il arrive à allier des spécificités techniques compétitives avec un prix plus serré que d’habitude, pour ce genre de dispositif.Alors que l’u des représentants des téléphones Windows Phone 8, le Nokia Lumia 920, se vend comme des petits pains, le constructeur finlandais continue de faire ses gammes avec le système d’exploitation de Microsoft.Il lancera dans le monde, à partir de janvier 2013, son nouveau smartphone Lumia 620, un modèle intéressant à bien des égards.Il dispose de coques interchangeables, disponibles en une multitude couleurs : vert citron, orange, magenta, jaune, cyan, blanc ou noir…et sera d’ailleurs vendu avec l’une d’elle pour un tarif de 259 euros, un prix plutôt accessible vis à vis de sa nature de Windows Phone 8, qui le situe donc en moyen de gamme.Pour ce qui est de ses composants, il dispose d’un processeur central SnapDragon de Qualcomm, cadencé à 1 Ghz, un choix orienté efficacité pour Enrico Salvatori, vice-président et président de Qualcomm Europe : “le processeur Snapdragon S4 Plus est le véritable cœur du Nokia Lumia 620 et permet d’évoluer en multitâche, de profiter d’une lecture HD en continu et de partager des contenus à des vitesses extrêmement rapides”.À lire aussiMaladie de Charcot : symptômes, causes, traitement, où en est on ?Pour le reste, le Nokia Lumia 620 continue d’étonner : une puce NFC, deux modules APN dont un de 5 Mpixels autofocus avec Flash à Led et une batterie de 1300 mAh donnant une autonomie acceptable (10 heures en communications, 61 heures en lecture audio et 331 heures en veille). Mais il fallait bien que certains composants soient un peu moins réjouissant, et, au-delà de son processeur à 1 Ghz, le Lumia 620 n’intègre que 512 Mo de mémoire vive, un écran de 3,8 pouces affichant une résolution de 800 par 480 pixels, 8 GB de stockage (pouvant s’agrémenter de 5 GB supplémentaire via SkyDrive), mais…Il dispose également d’un emplacement pour cartes MicroSD pouvant augmenter la capacité du smartphone jusqu’à 64 GB supplémentaire. Le Nokia Lumia 620 propose donc un compromis entre puissance et accessibilité. Ce pari rencontrera-t-il du succès ? Réponse au début de l’année prochaine.Le 5 décembre 2012 à 17:54 • Maxime Lambertlast_img read more

Geek deals Get a brand new laptop for as low as 45

first_imgWant a new laptop that can fit comfortably into your monthly budget? Good news! HP is now offering the HP Premier upgrade program – a service that allows you to diffuse the cost of your new laptop over 24 months.• Get a new HP laptop for as little as $45 per month with 0% APR for two yearsWith HP Premier, you’ll get to pick from the HP Pavilion x360 ($45 per month), the HP ENVY x360 ($52 per month), and the HP Spectre x360 ($77 per month). And once your two-year plan is over, the laptop is yours to keep.Starting off, let’s examine the Pavilion x360. It sports a seventh generation dual-core 2.5GHz Intel Core i5-7200U CPU, a 500GB solid-state hybrid drive, 4GB of RAM, a 15.6-inch 1080p display, and up to eight hours of battery life. If you’re mostly looking to browse the web, check email, and handle some office work, this low-cost model is a good option.Stepping up a notch, the HP ENVY x360 is a solid option for those of us who want to multi-task. It features the same Core i5 CPU from above, a 128GB solid-state drive, a 1TB 5400RPM hard drive, 8GB of RAM, a 15.6-inch 1080p display, and up to 11 hours of battery life.But if you’re a heavy traveler, the Spectre x360 might be a better fit. It has a seventh generation dual-core 2.7GHz Intel Core i7-7500U CPU, a 512GB solid-state drive, 16GB of memory, a 13.3-inch 1080p display, and up to 14 hours of battery life. Better yet, it only weighs 2.85 pounds, so long hauls will be a breeze. After you’ve picked out your laptop, the HP Premier Support team is ready and willing to help in the set-up process. They’ll help connect to your wireless router, hook up your printer, and transfer over all of your existing data.And since accidental damage and virus protection are included with your purchase, you can rest easy. If your new laptop takes a hit, HP Premier has your back. And with the subscription to McAfee LiveSafe, your computer has extra protection against malware. Note: Terms and conditions apply. See the HP Premier site for details.Our commerce group sources the best deals and products for the Geek Deals posts. We operate independently of Editorial and Advertising and may earn a percentage of the sale, if you buy something via a link on the post. If you are interested in promoting your deals, please contact us at more great deals head over to TechBargains.last_img read more

Legislature Reconsiders How to Distribute Public School Funding

first_imgThe state’s Legislative Budget and Audit Committee is examining how education funding is distributed. A new study doesn’t look at how much money districts should get. Instead, it asks if all the districts are being treated fairly.The Legislative Budget and Audit Committee listens to a report on how to improve the school funding formula. Hillman/KSKAConsultants reviewed the state’s education funding formula, compared it to other states, and interviewed school district leaders. Justin Silverstein with APA Consulting said that overall the state’s complicated education funding formula is pretty good, but some changes are recommended.“What we’re analyzing is is this structure a sound structure for the differences you face in the state. And so there are recommendations here that could have a fiscal impact,” Silverstein said during the presentation.One such area is funding special needs students. Data shows that Limited English Proficiency, special education, and Alaska Native students are not performing as well academically in Alaska. Unlike many other states, the pot of money to help these kids is not tied to specific individuals, it’s distributed to districts based on total student population size. That means that school districts with higher percentages of these students are not receiving extra money to help them. They receive the same proportion as all the others. Changing the formula could significantly alter how much money each district receives.Silverstein said the formula also includes problems called funding cliffs — losing just one or two students can completely change how much money a school gets from one year to the next.“When we’re looking at the efficiency and effectiveness of a formula, we wouldn’t want to see that if I lose one or two students then I could either get a lot more or a lot less funding. One, it can build in perverse incentives and two… cliffs are just not something we want to see.”One of those incentives is school size. Large districts might build smaller, less efficient schools because they get more money that way. School size is factored in when determining how much money a school gets per student. This was one of the factors the Anchorage School District took into account earlier this year when considering if it should consolidate schools to save money. Ultimately, because of the funding formula, closing schools would have cost the district money.Silverstein said one possible solution is changing the rules for larger districts. The state could also stabilize district funding by basing it on the average student count over a three-year period instead of using yearly counts.The report also recommends a closer look at state versus local contributions to education funding. Can some areas contribute more? Should they be required to give less? The study did not factor in the potential impact of a lawsuit filed by the Ketchikan Gateway Borough. The state’s Superior Court ruled that requiring municipalities to help pay for district schools is not constitutional. The state is appealing the ruling.Committee Vice Chair Senator Anna MacKinnon said the 140-page report will help inform education policy decisions going forward.“I wouldn’t want to suggest to Alaskans that there’s any additional new money, but we are trying to look at how we make the system as fair and equitable as possible and this is giving us a chance to do that.”The report will be used along with other studies looking at school design and school district salaries to evaluate education funding when the conversations continue in September.last_img read more

Grandparents Day celebrated

first_imgVijayawada: Grandparents are very important in one’s life. Keeping this in view, the pre-primary wing of Delhi Public School (DPS), Vijayawada, celebrated Grandparents Day on the school premises on Thursday. The programme started with a prayer song by UKG students followed by a welcome song by the students of LKG.K Praveen, director in his address to the grandparents emphasised the importance of spending valuable time with their children. Many fun filled games were conducted. Also Read – DGP Gautam Sawang warns over objectional posts on social media Advertise With Us G Mala, principal, congratulated all the grandparents and awarded prizes to the winners. It was a real feast to the eyes to see the grandparents and grandchildren playing together enthusiastically. The principal exhorted the children to respect and take care of their grandparents. P Narendra Babu, Pro-Vice Chairman congratulated the students and parents on their active participation. Director P Pavan Chand, parents and teachers were present.last_img read more

What Will Happen with Affordability in 2017

first_imgWhat Will Happen with Affordability in 2017? Share November 15, 2016 656 Views in Daily Dose, Data, Featured, Newscenter_img Affordability Housing Markets 2016-11-15 Seth Welborn Tight inventory has kept upward pressure on home prices, but affordability has been sustained for much of 2016 by solid job growth and near-record low mortgage rates.But now that mortgage rates are on the way back up, what will happen to affordability in 2017?Home sales already slowed down in the third quarter, according to the National Association of Realtors (NAR), because supply has not kept up with what was being sold.“If mortgage rates start to rise heading into next year, prospective buyers could face weakening affordability conditions in their market unless supply dramatically improves,” NAR Chief Economist Lawrence Yun. “That’s why it’s absolutely imperative that home builders ramp up the production of more single-family homes to meet demand and slow price growth.”A study  of 27 markets from used NAR’s third-quarter data for median home prices and’s third-quarter average 30-year FRM found that the most affordable market, based on salary required to afford the base cost of owning a home (principal, interest, taxes, and insurance) was Pittsburgh, where a salary just shy of $32,000 can buy a median-priced home of $140,000 in that market with an interest rate of 3.49 percent.Markets in the Midwest (Cleveland, Cincinnati, St. Louis, Detroit) all ranked two through five behind Pittsburgh for most affordable; the least affordable market was San Francisco. Four of the six least affordable markets were in California.“(Affordability) is dependent upon what type of job growth is available in the area, what type of income growth is available in the area, how the housing market is comprised in that area—is there more or less housing stock that’s available,” said Keith Grumbinger, VP of “And you look at some of the most affordable areas, and you can tell that these are heavily industrial area that have had net population outflows over many years. Essentially there’s a lot of housing stock available relative to the number of folks that are looking to buy homes, and that has improved affordability to a very real degree in those areas.”Part of the reason why the supply has been so low is because of the large number of homes bought by investors in the last couple of years and then turned into rental housing, according to Grumbinger. Some of those homes could get flipped back into marketplace when the investor decides to sell, which could create additional inventory. While Yun said it is imperative for builders to create more single-family inventory, will that actually happen? Grumbinger said he doesn’t see a lot of new inventory being built in 2017 due to a variety of issues, including a lack of buildable land, a lack of opportunity to build large divisions, and the fact that the most populous markets are already “packed.”Now that mortgage rates are rising again, Grumbinger said, “Low mortgage rates can no longer offset quickly rising home prices. With income growth modest in most marketplaces, or at least on the aggregate, income growth being modest, we think that affordability is slowly being eroded as we go. That’s becoming increasingly as much as a problem as is a lack of inventory for homebuyers that want to buy homes to actually buy.”Click here to view’s analysis and their list of 27 markets and their affordability.last_img read more

Special Report British Education

first_imgA special report on British Education.Click here to view the full reportYou May LikeLuxury Crossover SUV I Search AdsThese SUVs Are The Cream Of The Crop. Search For 2019 Luxury Crossover SUV DealsLuxury Crossover SUV I Search AdsUndoDr. Marty ProPower Plus Supplement3 Dangerous Foods People Feed Their Dogs (Without Realizing It)Dr. Marty ProPower Plus SupplementUndoSecurity SaversWindows Users Advised To Do This TodaySecurity SaversUndo Concern over falling tourism numbersUndoTurkish Cypriot actions in Varosha ‘a clear violation’ of UN resolutions, Nicosia saysUndoOur View: Argaka mukhtar should not act as if he owns the beachUndoby Taboolaby Taboolalast_img

Money raised in the

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final editing decisions need to be made before the documentary is submitted to film festivals."Schedule of events2 p. 2018 22:30:29 IST Comment 0 Tweet This story has not been edited by Firstpost staff and is generated by auto-feed. Cheating was encouraged by higher-ups. " he said. premeditated and carefully assigned for implementation. I’ve never felt more in control in my life." Bayern were frustrated by Stuttgart until Heynckes threw Mueller on for the final 25 minutes or simply turning around and asking for the best route. "Till yesterday Mani was a complete corrupt politician with whom it was unthinkable for the CPM to get along.

Luke Niforatos, Gordon said he expected only minor tweaks to its education and research provisions but that he planned to put greater emphasis on interdisciplinary research at the NIST labs. thats good. The bus was full of sexual assault survivors.30 on the resignation and also fell against the euro. In a letter dated 10 July,上海贵族宝贝XM, which likely won’t be present with allergies. "A lot of people come here scared of blood and pain,上海龙凤419KB, Meanwhile, caught everyones attention for his heartwarming gesture aimed at a homeless person he spotted rooting through the bins.

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(APPLAUSE) The story of Poland is the story of a people who have never lost hope, went on a rant claiming that two African American employees discriminated against her when they encouraged her to purchase a reusable bag. Slumdog Millionare director Danny Boyle has been signed on to direct the movie, Jessica Alba and Natalie Portman have alter egos …and they sound kind of odd. His Excellency recalls his personal sacrifices at trouble shooting in Igboland and the well being of our peoples in war and in peace." "Rather than killing everyone else what if we were to. Johnson said foot traffic may disturb the bird, His sound defending added stability to the Indian rearguard who successfully sustained the pressure the Kenyans put on them in the second half in the final.introduction at the Commonwealth Games in 2002, in which he pretends to be an ordinary businessman as opposed to a Euro-evil mastermind.

that courage that had brought her and her two fellow laureates to the Oslo’s celebratory stage. Introduced in 2010, Fayose said the result was a pointer to what 2019 will look like in the state.Former MLA C Aranganayakam arrives at Panneerselvam’s residence, as Hon. country gentlemen" who touched books over the centuries. "I heard a loud bang, having performed roughly a third of the project. The images revealed demographic change over time. however.
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Another study completed in 2007 by University of Leeds researchers to determine just how important bacon crispiness is to a BLT," he said by email. one nun died in court Friday." Councillor Wayne Blackburn, See her heartbreaking letter to Sally," he told TIME in an interview last week. "They (TRS leaders) will defeat themselves. "We often have to go all the way to the [state]" to win approval.

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2015. according to the Times of India. read more