B.C. Will Offer First-Home Buyers Interest-Free $37,000 Loan: Here’s What We’re Reading
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Here’s what we’re reading today:
1. B.C. offers interest-free loans up to $37,500 to first-time homebuyers
“The B.C. Home Owner Mortgage and Equity Partnership program will provide a maximum of $37,500 — or up to 5 per cent of the purchase price — with a 25-year loan that is interest-free and payment-free for the first five years. ‘The dream of home ownership must remain in the grasp of the middle class here in British Columbia,’ said Premier Christy Clark.
“The intention of the program is to assist people who can afford the mortgage payments on a new home but are challenged to make the down payment.”
– CBC News
2. Facebook partners with fact-checking organizations to begin flagging fake news
“Facebook today began rolling out new tools designed to prevent the spread of misinformation, weeks after the US presidential election results raised new questions about how viral hoaxes may have contributed to Donald Trump’s victory. Facebook is introducing tools designed to make it easier to report links shared in the News Feed as fake news, and it’s working with four independent fact-checking organizations to assess the accuracy of viral stories.”
3. New report finds no evidence food allergies are on the rise
“You’re probably not allergic to that.”
4. A productive person’s guide to a little bit of LSD
“There’s no hard data on the prevalence of microdosing nor any clinical studies of its effects, but growing participation in Reddit threads suggests the practice is expanding rapidly among the achievement-addicted. Despite the therapeutic benefits, Waldman resists the impulse to write a cheerleading tale of self-discovery; instead, she becomes an historian of drug use and policy.”
5. Trump Grill could be the worst restaurant in America
“And it reveals everything you need to know about our next president.”
