News of the day: Cottage country gentrification, Bank of Canada’s economic dilemma, student loan forgiveness, all-equity portfolio, Uber drivers union and more (opens original article in a new tab)

A Toronto developer plans to build a luxury cottage community on Langmaid's Island in Ontario, prompting local opposition, while the Bank of Canada stresses policy flexibility and provincial student loan forgiveness options are under discussion.

• Langmaid's Island in Ontario is sold to a Toronto developer for a cottage community for the wealthy, causing local discontent.
• Bank of Canada's governing council emphasizes the need for flexible monetary policy due to unpredictable market shifts.
• Some Canadian provinces may offer student loan forgiveness, but its taxability remains unclear.