Asian shares decline after a mixed post-holiday session on Wall Street

Diving buddies Chris Mullen and John Roney explored Nanoose Bay off Vancouver Island, famous for its large octopuses, on August 5, 2025. To their surprise, a giant Pacific octopus engaged with them, even seizing Roney's camera, showcasing its curiosity and providing a memorable underwater encounter. Want More Context? 🔎

Okanagan Falls is set to become British Columbia's newest municipality, but residents may need to adapt to a potential name change. The province is considering this change to better reflect the area's Indigenous culture, prompting discussions among the community about its identity. Want More Context? 🔎

Drought conditions in Atlantic Canada have led to significant wildfire risks, prompting increased penalties for violating burn bans, such as Newfoundland and Labrador's fines rising to $150,000. Nova Scotia, New Brunswick, and Prince Edward Island have also imposed burn restrictions, with fines up to $25,000 for violations in national parks, as authorities emphasize the seriousness of adhering to these regulations. Want More Context? 🔎

The Canada Games, established in 1967, represent the country's largest domestic multi-sport event and serve as a crucial platform for athletes, many of whom aspire to compete in the Olympics. The Hall of Honour class of 2025 includes notable figures such as boxer Lennox Lewis, soccer player Diana Matheson, and distinguished alums Jennifer Bishop and builder Ajay Patel. Want More Context? 🔎

An Ontario woman, Glenda Marie Esteves, was sentenced to four years in prison and fined $610,856 for operating a Ponzi scheme disguised as a lipstick business, defrauding victims of nearly $5 million. Esteves, who pleaded guilty to multiple charges, claimed to produce lipsticks using forged documents to attract investments, causing significant financial and psychological harm to her victims, many from her Filipino community. Want More Context? 🔎

Canada's housing crisis is projected to worsen as housing starts are expected to decline from 245,367 in 2024 to 237,800 this year, and further to 227,734 next year, falling short of the 480,000 annual target needed. Despite government promises to increase supply, challenges such as high costs, interest rates, and regulatory barriers have hindered progress in addressing affordability and construction. Want More Context? 🔎