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NEW THIS MORNING | Here's how much you need to earn to afford a home in Ottawa

A new report from shows that homebuyers will need to be making at least $129,980 to meet the requirements to obtain a mortgage for the average priced home in the capital, with a 20 per cent down payment.

House for sale in Ottawa on Feb. 24, 2011. (THE CANADIAN PRESS IMAGES / Sean Kilpatrick)

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South Korea says North Korea test-fired missile toward sea

North Korea on Sunday fired a short-range ballistic missile toward its eastern seas, extending a provocative streak in weapons testing as a U.S. aircraft carrier visits South Korea for joint military exercises in response to the North's growing nuclear threat.

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