Fed Fears A Green Recession

Cabinet’s climate change plan could pose “a significant new risk” to the economy if it costs jobs in the energy sector, transport and utilities, says the Superintendent of Financial Institutions. Jeremy Rudin in remarks to lawyers in Vancouver said Canadians have “very little reliable information” on the impact of any sharp reduction in greenhouse gas emissions: “The prudent thing to do is to prepare for the possibility that the overall economic impact of the transition will be sharply negative, at least for some time.”

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Gov’t Pays For Climate News

The Department of Canadian Heritage is paying newsrooms to write climate change stories. Subsidies paid to publishers under a $50 million Local Journalism Initiative were intended for strictly local coverage of courts, councils and school boards “where there is nothing at the moment”, the department had claimed.

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Little Progress On Eco Peril

Most highway departments still have no plans to limit ecological damage from road salt, says the Department of Environment. Regulators for decades have called salt a risk to plants, water and wildlife, but stopped short of restricting it as toxic: “What’s the big deal?”

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Courts Tighten Cannabis Sale

Municipalities may zone against marijuana stores, the Alberta Court of Appeal ruled yesterday. The decision follows a similar British Columbia decision that allowed cities to restrict cannabis sales or effectively ban the trade altogether: “All regulations in this bylaw shall apply.”

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Troubles With Charge Cards

Auditors have uncovered more problems with government-issue credit cards. An investigation at the Department of Employment found less than a third of spending by card users was approved beforehand: “We noted the increased pressure to spend budgets at fiscal year-end.”

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Feds To Back Lines Of Credit

Cabinet for the first time will offer taxpayer-guaranteed lines of credit for small business, says a Department of Industry report. The department did not estimate risks of default under a current program that sees fifteen percent of first-time borrowers fail to repay their loans: “Small and medium-sized enterprises are the backbone of the Canadian economy.”

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Appeal Denied In CRA Fraud

The Alberta Court of Appeal has upheld a six-year sentence in federal prison for a crooked accountant who filed more than $2.9 million in false tax returns with the Canada Revenue Agency. The maximum penalty for tax fraud under the Criminal Code is fourteen years: “This case involves a serious multi-million dollar fraud.”

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“A Poem For Bullying”

 

Take this poem,

wrap it around your fist,

smash it in the face of the bully.

 

If it doesn’t help,

I’ll write you a stronger one.

 

(Editor’s note: poet Shai Ben-Shalom, an Israeli-born biologist, examines current events in the Blacklock’s tradition each and every Sunday)

Landlocked Subs Cost $326M

Canada’s entire submarine fleet spent last year in dry dock at a cost to taxpayers of $325.5 million, according to accounts. The Department of National Defence by 2021 will spend more on refits and repairs than it cost to buy the fleet: “Invaluable.”

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Complaint Hotline At Senate

The Senate budget committee yesterday agreed to open a confidential hotline for complaints of harassment or “mobbing” by senators and staff. The measure follows investigation of lewd misconduct by one former lawmaker: “Let’s not forget.”

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Appeal For Jurors’ Aid Bill

Former jurors including a senator who said she was traumatized by bloodcurdling autopsy photos yesterday appealed for speedy passage of a jurors’ aid bill. An identical bill passed the Commons by unanimous vote last April 12 but lapsed in the Senate: ‘It was horrific.’

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