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Written by Hanna Lee Copy Editor, Digital News
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Good morning. While the situation in Mexico is in flux, some flights to and from the country are expected to resume today. We'll have the latest on what's happening there, as well as why pre-construction condo buyers may have a tough year ahead. We'll also hear from Ukrainian President Volodymyr Zelenskyy, whose country is marking four years since Russia first launched its full-scale invasion.
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THE LATEST
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- U.S. President Donald Trump will give his state of the union address to Congress tonight at 9 p.m. ET. Here's what to watch for.
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(Gabriel Trujillo/Reuters)
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Some airlines resuming Puerto Vallarta flights as Mexico reels from wave of violence
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The situation in Mexico is fluid, Foreign Affairs Minister Anita Anand said yesterday, but her Mexican counterpart told her it is expected to "normalize" in the coming days. At least two Canadians in the country have non-life-threatening injuries, while one requires financial assistance. There are more than 26,000 Canadians registered with Global Affairs Canada in Mexico.
What's happening: Canadians stuck in resorts in and around Puerto Vallarta described an "incredibly weird feeling," with one recalling sipping a margarita on the beach next to a smoky, black sky. Meanwhile, at least 73 people have been killed in clashes following El Mencho's death, including security forces and suspected cartel operatives. Canadians in Mexico remain advised to avoid non-essential travel in several states, and to follow the advice of local authorities.
What about flights? Air Canada said on X it will "resume full operations" from Montreal, Toronto and Vancouver to Puerto Vallarta today, and will be flying larger planes for additional capacity. The airline will resume flights from Toronto to Guadalajara on Wednesday. WestJet will also resume its scheduled flights to and from Puerto Vallarta, Guadalajara and Manzanillo, the airline announced late Monday. It advised customers to check the status of their flight before heading to the airport. Air Transat and Porter have also said they will resume service today.
What else: The information leading to El Mencho's death came from tracking his romantic partner, Mexican Defence Minister Ricardo Trevilla Trejo said. Another 2,000 military troops have been deployed to Jalisco state as concerns of further violence linger. This incident is another significant violent event in what has essentially been 20 years of war in Mexico, with organized crime groups colliding against the Mexican government. Some 118,000 people have been reported as missing or disappeared in Mexico.
- Some myth-busting: Ryan Wedding, the alleged Canadian cocaine kingpin, did not rat on El Mencho, his lawyer told CBC News, after online speculation had suspected otherwise.
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Pre-construction condo buyers face steep losses as Toronto prices slide
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Homebuyers who took a bet on pre-construction condos are discovering what happens when values drop.
What's happening: Developers and lenders typically aren't willing to absorb a loss without a fight, as a growing number of Canadians are learning. In late 2025 in the Greater Toronto Area, the average condominium selling price was down more than five per cent compared to the previous year. And compared to a 2022 peak, prices had fallen by about 25 per cent.
For pre-con buyers: Options are limited if they don't have the money to bridge the gap between the appraised value and the agreed-upon price. The builder can keep their deposit and any fees, and the buyer could be on the hook for additional costs. In this situation, it's likely that buyers can't avoid the consequences, said mortgage broker Ron Butler. And the issue could reach new heights in Toronto this year, as an estimated 28,000 units are expected to be completed and the gap between purchase prices and current market values widens.
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'Putin will not stop': Zelenskyy's warning to the world on 4th anniversary of Russia's invasion of Ukraine
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On the fourth anniversary of Russia's assault on Ukraine, President Volodymyr Zelenskyy has a warning: "Nobody is safe in the world."
What's happening: Zelenskyy said in an interview with Radio-Canada that it is more important than ever to continue supporting Ukraine, as Russian attacks continue nightly. Russia has been targeting the country's power grid and energy system with drones and missiles, while ceasefire talks were cut short with little progress. He said he was grateful for Canada's support so far — Ottawa pledged another $200 million on military equipment for Ukraine in December — and said he and Prime Minister Mark Carney have understood each other "from the first day."
What else: However, it also comes as Zelenskyy's government navigates a $100-million US corruption scandal that broke in late 2025. Kyiv is mired in an alleged plot to control contracts at the state-owned nuclear company, totalling tens of millions in kickbacks and laundered money. That came to light as citizens were suffering blackouts caused by Russian bombs. And while Zelenskyy wasn't directly implicated, it represents a major challenge for the leader and could put continued financial aid at risk.
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