The federal government is expected to approve construction of the now publicly owned Trans Mountain Pipeline, a decision that will be greatly applauded by those concerned about the economy. The federal government is also set to start a program to help new buyers pay for their first home. It will start on Labour Day, shortly before the October general election. The plan will pick up five percent of a mortgage on existing homes for households that earn under $120,000 a year, on a mortgage of no more than $480,000. And Airbus has stepped up the pressure on arch-rival Boeing on the opening day of the Paris airshow by launching a new long-range small passenger jet and announcing $15bn (£12bn) worth of orders. It is called the A321XLR and is a long-haul version of the A321neo that competes with Boeing’s grounded 737 Max.
