Prime Minister Mark Carney held a vast stock portfolio when he quit the private sector to run for the Liberal Party leadership last January 16, records show. Carney’s investments ran to millions' worth of shares in 606 publicly-traded corporations including federal contractors, in addition to royalties from his book "Values: Building A Better World For All."
Artificial Rink Near NHL Size
Rideau Hall is spending a third of a million on an artificial ice rink, records show. The sole-sourced contract to be signed July 28 followed Prime Minister Mark Carney’s promise of a government-wide austerity drive to "spend less."
Sorry About Jobless Students
The labour department in a briefing note to Minister Patty Hajdu acknowledged young jobseekers face “economic shocks” including rising unemployment. The note made no mention of cabinet's decision to allow 1,040,000 foreign students into the workforce: "This may result in increased competition for Canadian workers."
Fight To The Finish On Quota
Parliament will never allow cabinet to trade away dairy quotas, says Green MP Elizabeth May (Saanich-Gulf Islands, B.C.). “We have to stand up,” the Party leader told reporters after the U.S. again cited protection of the Canadian dairy industry as unfair: "We promised."
Poll Support For Oil, Gas Cap
In-house federal research found widespread public support for an oil and gas emission cap among Ontario and Québec residents. Participants in Privy Council focus groups said energy companies must face “clear consequences” for greenhouse gas emissions.
Sunday Poem: “House Calls”
Poet Shai Ben-Shalom writes: “Canadian doctors asked to volunteer in West Africa, help fight Ebola. Some answer the call…”
Review: Incident At Vernon Bridge
In 2012 a small group of Taiwanese Buddhists applied for charity status for a nunnery in Prince Edward Island. They had modest habits, according to Access To Information filings with the Canada Revenue Agency. “All the nuns are vegetarians,” they wrote on their application. They spent 16 hours a day at silent prayer and chores to “joyously engage in resource conservation,” “promote Buddha’s teachings” and “reveal the ultimate truth of life and universe” in the hamlet of Vernon Bridge, P.E.I.
Their application was approved. “Congratulations on becoming a Canadian registered charity,” auditors wrote the Great Wisdom Buddhist Institute Inc. in 2013. “We wish you every success.”
And how. The nunnery by 2023 held $85.1 million in securities, $61.7 million in assets including land and buildings, $2.3 million in “furniture and fixtures” and $1.1 million worth of vehicles. Clearly there was more to the Great Wisdom nunnery than prayers and salad.
Housing Fund Adds 5%, Tops
Cabinet’s signature housing plan saw a modest five percent increase in select housing starts, the Budget Office said yesterday. Housing Minister Gregor Robertson has said starts must double to restore affordability: "I don’t see how we will attain it."
Click-Search On Flood Risks
Households will be able to access a keyword-searchable website to gauge flood risk to their property as early as this fall, says the Department of Public Safety. The initiative is the first step to eliminating blanket disaster relief for at-risk property owners who decline flood insurance: "Canadians surveyed expressed confidence the government would take care of them and their property in the event of a major flood, signaling a potential misunderstanding."
Class Action At Canada Post
A federal judge has certified a class action lawsuit against Canada Post over fuel surcharges. The post office had sought to dismiss the claim by commercial customers, saying its surcharge was common practice in the delivery business: "Everyone uses this."
CMHC Would Seal Loan Files
Canada Mortgage and Housing Corporation is asking a federal judge to seal files regarding mortgages it “inadvertently” insured at Montréal’s Laurentian Bank. CMHC said it had confidential reasons for defying a federal order to release the records under the Access To Information Act: "There is a reasonable expectation that harm could occur."
Fired For Browsing Tax File
A federal labour board has upheld the firing of a Canada Revenue employee for reading his own tax file on Agency time. Managers called it a breach of their zero tolerance policy on snooping: "He should have known better."
Record Migrant Labour Fines
Federal inspectors this year are on pace to levy record fines against employers for breach of migrant labour regulations, figures show. Steep penalties levied in the first six months of the year followed cabinet complaints that Canadian employers had “gotten addicted” to using the Temporary Foreign Worker Program: "We have gotten complacent."
Pension Now Averages $81K
Annual pensions for retired MPs averaged $81,140 last year, according to new Treasury Board figures. Payments indexed to inflation went up 11.4 percent compounded in the past two years: "Pensions under the plan are indexed annually to cover increases in the cost of living."
Call Fed Paperwork Tiresome
Federal hiring is so convoluted that jobseekers wait months after filling out “repetitive and time-consuming questionnaires,” says a Public Service Commission report. Even managers in charge of hiring complained paperwork was “burdensome.”



