TORONTO – A two-week ceasefire between the United States and Iran is in effect, according to a CBC News broadcast Wednesday evening. The agreement was brokered by Pakistani intermediaries.

President Trump stated the ceasefire would allow time to reach a deal to end the conflict. However, according to CBC News, Iran continued to fire missiles at Israel after the ceasefire was announced, with Israel responding in kind.

Political analyst Janice Stein, speaking on CBC News, described the ceasefire as “very fragile” and noted a “zero trust” situation between the U.S. and Iran. She stated that Iran is now “functionally in control of the Strait of Hormuz,” a strategic defeat for the United States.

Stein further explained that Iran’s foreign minister stated safe passage through the Strait of Hormuz would require coordination with Iran’s armed forces, which she interpreted as a euphemism for Iranian military control. She identified several potential sticking points in future negotiations, including the presence of U.S. bases in the Middle East, reparations for the conflict, and Iran’s right to uranium enrichment.

Other news from the CBC News broadcast included:

  • Infrastructure Spending: Prime Minister Mark Carney announced a plan to spend $51 billion over the next decade on Canada’s infrastructure, with initial funding of $300 million allocated to a dozen projects across the country. Critics, including Conservatives, argue the funding is insufficient and may be politically motivated ahead of upcoming by-elections.
  • Canada-US-Mexico Trade Agreement: U.S. Trade Representative Jameson Greer expects negotiations for the Canada-United States-Mexico agreement to continue past the July 1st deadline, citing unresolved issues with Canada regarding steel and aluminum imports.
  • Kanye West Banned from UK: The United Kingdom has banned rapper Ye, formerly known as Kanye West, from entering the country due to his previous antisemitic remarks.
  • Canada's Housing Crisis: The broadcast highlighted a major labour shortage impacting Canada's housing construction.