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How ‘the Montreal shuffle’ is destroying a city’s rental market

Published Tue, 24 Dec 2024 00:38:17 GMT

Earlier this year, a fire tore through an Old Montreal building killing seven people, six of whom were staying in Airbnbs at the time. The tragedy led to greater scrutiny of Montreal’s property market where traditional rental units are being carved up and turned into multiple short-term rentals, and a real estate manoeuvre known as ‘the Montreal shuffle’ is making these moves possible at scale.Ethan Cox is a senior editor and co-founder of Ricochet Media. He says that greed is driving the proliferation of short-term rental buildings, also known as “ghost hotels”, in Montreal. “You could rent out at the normal market rate and you’d still be making a fortune… but you just have to make that extra buck by exploiting international students, by putting stuff out illegally on the short-term rental market,” says Cox.So how does the scheme work? What is the proliferation of short-term rentals doing to a city once known as one of Canada’s best places to rent? What is the gov...

Italy marks 5th anniversary of Morandi bridge collapse with demands for justice for the 43 killed

Published Tue, 24 Dec 2024 00:38:17 GMT

ROME (AP) — Italy on Monday marked the fifth anniversary of the collapse of Genoa’s Morandi Bridge with a minute of silence and demands for justice for the 43 people who died in what authorities say was an example of greed-fueled negligence.Infrastructure Minister Matteo Salvini told relatives of victims, local residents and authorities at the Genoa commemoration that the people who plunged to their deaths weren’t victims of a flood or natural disaster. Rather, he said, they were “victims of greed, of people who didn’t do their jobs.”A huge section of the Morandi bridge broke off during a rainstorm on Aug. 14, 2018, when highways were packed on the eve of Italy’s biggest summer holiday, sending cars plunging into the dry riverbed below.Fifty-eight people went on trial last year, accused of manslaughter and other charges. They include former executives and technical experts of the company that managed many of Italy’s bridges and highways, as well as former officials of Salvini’s mini...

Rogers Sugar to spend $200 million to grow production capacity in Montreal

Published Tue, 24 Dec 2024 00:38:17 GMT

MONTREAL — Rogers Sugar Inc. says it plans to spend $200 million to grow its production capacity at its plant in Montreal to help meet increased demand in Eastern Canada.The company says the plan will increase production capacity at the plant by about 20 per cent or 100,000 tonnes a year.The project includes an expansion of refining capacity with new sugar refining equipment and construction of a new bulk rail loading section in Montreal.The company will also expand its logistics and storage capacity in the Greater Toronto Area.Rogers Sugar says the increased production and logistics capacity is expected to be in service in about two years.The company says financing for the project includes support from the Quebec government in the form of loans from Investissement Quebec to the company’s operating subsidiary, Lantic, for up to $65 million.This report by The Canadian Press was first published Aug. 14, 2023.Companies in this story: (TSX:RSI)The Canadian Press

4 shot, 1 critically, on Chicago's North Side

Published Tue, 24 Dec 2024 00:38:17 GMT

CHICAGO — Chicago police are looking for the suspect who shot four people, one critically, on the city's North Side.The shooting happened on the 100 block of West Division around 11:45 p.m. Sunday. Police responded to a person shot and found multiple gunshot victims.According to police, a 22-year-old woman was struck once on the leg and is listed in good condition at Stroger Hospital. A 28-year-old man sustained multiple gunshot wounds to the body and is listed in critical condition at Northwestern Memorial Hospital. A 42-year-old man was shot in the leg and is listed in good condition at Stroger. A 24-year-old man was struck on the thigh and is listed in good condition at Stroger. Teen killed in shooting in Highland Park Police said further investigation reveals the victims were shot by a male offender who fled the scene in a black sedan.No one in custody and Area One Detectives are investigating.

How a Georgia Trump indictment would differ from the federal Jan. 6 case

Published Tue, 24 Dec 2024 00:38:17 GMT

(The Hill) - A sprawling, multi-defendant indictment. An ex-president’s trial televised for the world to watch. Potential charges typically used for organized crime.  Before charges have even been announced, the possible indictment of former President Trump in Georgia — hinging on his efforts to overturn the state’s 2020 election results to remain in power — already has the makings of a watershed moment in U.S. history.Fulton County District Attorney Fani Willis (D) has signaled charges in her years-long investigation are imminent, setting the stage for the former president’s fourth indictment this year. Trump's prior charges have stemmed from probes into his business dealings, handling of classified documents and behavior after losing the 2020 presidential race.“The work is accomplished,” Willis recently said. “We’ve been working for two-and-a-half years. We’re ready to go.” A partial grand jury report released in February included charging recommendations, and an Ap...

Sentencing hearing for Cecily Aguilar, connected to Vanessa Guillén death, set for Monday

Published Tue, 24 Dec 2024 00:38:17 GMT

WACO, Texas (KXAN/KWKT) – A woman charged in connection with the death of U.S. Army Specialist Vanessa Guillén will face a sentencing hearing Monday morning. The hearing for Cecily Ann Aguilar is set to begin at 9 a.m. in Waco before Judge Alan D. Albright in the U.S. District Court in Waco. According to KXAN sister station in Waco, KWKT, Aguilar will be sentenced on charges of tampering with evidence. Aguilar entered a guilty plea to four lesser charges connected to Guillén's death. She appeared before Judge Jeffrey C. Manske in November 2022 – where she admitted to being an accessory after the fact and making false statements to law enforcement. Woman pleads guilty to four counts in connection with Vanessa Guillén’s death Guillén disappeared in April 2020 after meeting with Specialist Aaron Robinson in an arms room on Fort Cavazos, which was called Fort Hood at the time, KWKT reported. Guillén’s body was found in July 2020. Robinson later died by suicide when conf...

Audit finds improvements are needed at NYS parks

Published Tue, 24 Dec 2024 00:38:17 GMT

ALBANY, N.Y. (NEWS10) -- According to an audit released on Friday from New York State Comptroller Thomas DiNapoli, several New York State Parks were found to have inaccessible entrances and restrooms, obstacles on access trails and paths, and limited parking for those with disabilities. Auditors reviewed 40 parks across the state from January 2018 to October 2022, examining over 1,400 amenities such as restrooms, campsites, swimming areas, playgrounds, pavilions, elevators, boat launches, and parking.  Get the latest news, weather, sports and entertainment delivered right to your inbox! The audit found 62% of the parks reviewed could be improved to enhance accessibility, including correcting mislabeled "accessible" signage, fixing rough or uneven access routes, increasing the number of wheelchair-accessible stalls, and more. Auditors say several parks were misrepresented online, with others having incorrect accessibility signage on site.“New York State strives to promote inclusivi...

Change in prosecutor handling case of Janae Edmonson crash taking place today

Published Tue, 24 Dec 2024 00:38:17 GMT

ST. LOUIS - The man charged with assault in a crash that injured Janae Edmondson has a court hearing Monday.Daniel Riley faces assault charges for the crash in February, when Edmondson lost her legs. Monday's hearing is about a change of prosecutors.The original prosecutor resigned from the St. Louis Circuit Attorney's Office under Kim Gardner. Another took over, and now another prosecutor will take over in the case.

Officers investigating two fatal Illinois shootings over weekend

Published Tue, 24 Dec 2024 00:38:17 GMT

EAST ST. LOUIS, Ill. - The Illinois State Police and East St. Louis officers are investigating two deadly shootings from this past weekend.Someone reported the first at around 10:00 a.m. Saturday on the 1700 block of Ridge. Authorities found a body there after neighbors reported hearing gunshots. Map: Which Missouri counties are home to the most excessive drinkers? A couple of hours later, police went out to the 700 block of 55th after a body was found there. Authorities haven't released any other details.FOX 2 will update these stories with more information as it becomes available.

Police investigating Sunday night shootings

Published Tue, 24 Dec 2024 00:38:17 GMT

ST. LOUIS - Two boys were shot late Sunday night in downtown St. Louis.It happened just after 10:30 p.m. on Pine Street at North 11th Street. Both boys were shot in their lower bodies and were alert when taken to a nearby hospital. The police did not give their ages or say what led to the shootings. Map: Which Missouri counties are home to the most excessive drinkers? About an hour earlier, a 32-year-old man was shot in the foot on Enright Avenue near Delmar Boulevard in the Visitation Park neighborhood of north St. Louis.