Half of Canadians have negative opinion of latest Liberal budget: poll
A new poll suggests the Liberals have not won over voters with their latest budget, though there is broad support for their plan to build millions of homes.
Former U.S. President Donald Trump's company is in advanced talks to sell the lease for its marquee hotel in Washington, DC, for more than US$370 million, according to a person familiar with the matter.
Miami investment fund CGI Merchant Group is in advanced negotiations with the Trump Organization, the person said. As part of the discussions, CGI has held talks with Hilton, the hotel operator it has partnered with in the past, about removing the Trump name from the ornate building steps from the White House and replacing it with another luxury brand name.
The advanced discussions and deal terms were first reported by The Wall Street Journal.
A representative for CGI declined to comment. The Trump Organization could not be reached.
Hilton did not confirm the discussions.
"Hilton is committed to growing its presence globally," said Hilton's Meg Ryan. "We are always focused on meeting our guests' needs in the destinations where they want to travel -- with the right hotel in the right place at the right time. We continue to recognize the opportunity for growth in the nation's capital. However, we have nothing to confirm at this time."
Last week, the House Oversight Committee released documents showing the Trump property, which attracted conservative lobbyists throughout the presidency, lost $70 million while Trump was in office. The company has been trying to sell the property since 2019 but paused last year when the pandemic all but shuttered the hospitality industry.
Baseball slugger Alex Rodriguez's company is a large investor in CGI's hospitality fund, which would likely be tapped as part of the deal.
Any deal will need to undergo a 60-day review from the General Services Administration, the government entity that owns the property.
A Biden administration official told CNN the Old Post Office lease agreement requires written notification from the current tenant of a proposed transfer of interest in the lease. GSA has received no formal notification of a sale for the Old Post Office lease, according to an agency spokesperson.
The official also said the Trump Organization must also provide GSA with detailed information showing that the prospective buyer meets certain requirements. This information includes descriptions of the prospective buyer's intended use; its authorization to operate a business in the jurisdiction; its qualification to do business with the federal government; and its financial and operational capabilities -- none of which has been done.
A new poll suggests the Liberals have not won over voters with their latest budget, though there is broad support for their plan to build millions of homes.
Appointing a trusted person to help with financial obligations can give you peace of mind. In his personal finance column for CTVNews.ca, Christopher Liew outlines the key benefits of naming a confidant to take over your financial responsibilities, if the need ever arises.
A Toronto couple are speaking out about their “extremely dangerous” experience on board a sinking tour boat in the Dominican Republic last week.
A Winnipeg man said a single date gone wrong led to years of criminal harassment, false arrests, stress and depression.
The federal government has added $36.4 million to a program designed to support people who have been seriously injured or killed by vaccines since the end of 2020.
A photographer who worked for Megan Thee Stallion said in a lawsuit filed Tuesday that he was forced to watch her have sex, was unfairly fired soon after and was abused as her employee.
An Ontario senior’s attempt to get technical help online led him into a spoofing scam where he lost $25,000. Now, he’s sharing his story to warn others.
A Minnesota state senator and former broadcast meteorologist told police that she broke into her stepmother's home because her stepmother refused to give her items of sentimental value from her late father, including his ashes, according to burglary charges filed Tuesday.
When identical twin sisters Kim and Michelle Krezonoski were invited to compete against some of the world’s most elite female runners at last week’s Boston Marathon, they were in disbelief.
When identical twin sisters Kim and Michelle Krezonoski were invited to compete against some of the world’s most elite female runners at last week’s Boston Marathon, they were in disbelief.
The giant stone statues guarding the Lions Gate Bridge have been dressed in custom Vancouver Canucks jerseys as the NHL playoffs get underway.
A local Oilers fan is hoping to see his team cut through the postseason, so he can cut his hair.
A family from Laval, Que. is looking for answers... and their father's body. He died on vacation in Cuba and authorities sent someone else's body back to Canada.
A former educational assistant is calling attention to the rising violence in Alberta's classrooms.
The federal government says its plan to increase taxes on capital gains is aimed at wealthy Canadians to achieve “tax fairness.”
At 6'8" and 350 pounds, there is nothing typical about UBC offensive lineman Giovanni Manu, who was born in Tonga and went to high school in Pitt Meadows.
Kevin the cat has been reunited with his family after enduring a harrowing three-day ordeal while lost at Toronto Pearson International Airport earlier this week.
Molly Knight, a Grade 4 student in Nova Scotia, noticed her school library did not have many books on female athletes, so she started her own book drive in hopes of changing that.