Owes China State Bank $1M

MPs yesterday questioned terms of Chinese government bank loans to Foreign Minister Françoise-Philippe Champagne. The two-term MP owes $1.2 million to the Communist Party-run Bank of China: 'These are matters of personal finance.'

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Billed For Bowling & Bonbons

A federal agency billed taxpayers nearly $6,000 for a bowling party and Valentine’s Day chocolates, according to accounts. The Canadian Air Transport Security Authority described the expenses as necessary for “team building”.

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Realtors Must Name Names

Realtors must name names of suspicious clients under new federal regulations introduced yesterday. The rules target offshore speculators and money launderers using shell companies to buy property: "A single transaction in the real estate sector could be used to launder a large sum of money."

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House Gridlocked On Jail Bill

Parliament yesterday ground into gridlock as MPs balked at a cabinet bill threatening jail for Canadians who falsely claimed pandemic relief cheques. “They are not normal times,” said Government House Leader Pablo Rodriguez.

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MPs Ridicule Fuel Tax Claim

MPs on the Commons agriculture committee last night ridiculed cabinet’s claim the carbon tax is costing farmers as little as 60¢ a day for grain drying. Deputy Agriculture Minister Chris Forbes said it was “probably a question of the average”.

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Pandemic Prices Vary Widely

Hot dogs cost 27 percent more in Vancouver than Montréal while shoppers in Toronto pay an average $1.43 more for a litre of milk than Winnipeggers. Statistics Canada yesterday detailed spot prices at grocers nationwide with “interesting trends and observations”.

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“Need” To Revisit History

Federal agencies must question “what messages we want to be sending” with historic designations, Deputy Prime Minister Chrystia Freeland said yesterday. The remarks followed a 2019 recommendation to remove a “white race” plaque on a statue in Orillia, Ont.: "It's a conversation we need to have."

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Union Covid Complaint OK’d

A labour board has cited a casino operator for using the pandemic to abruptly renegotiate a union contract. The Commons human resources committee earlier heard complaints other companies have sought coronavirus concessions: "The proposals were not made in good faith."

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Committee Demands Audits

The Commons finance committee last night by a unanimous 10-0 vote recommended full funding for audits of federal spending. “Call in the auditors,” said Conservative MP Pierre Poilievre (Carleton, Ont.), sponsor of the motion.

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New Business Loans Monday

A pandemic loan guarantee program for small business will be expanded June 15, a Crown banker yesterday told the Commons finance committee. Loans to the smallest operators may increase total costs: "Every week puts another person closer to bankruptcy."

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Shocked By Conflict: Minister

Public Works Minister Anita Anand yesterday said she was shocked and surprised by conflict of interest on a federal Covid-19 Supply Council. Six of seventeen appointees are registered lobbyists. One member has resigned to date: "Is your government comfortable with the presence of lobbyists?"

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Too Wild For Budgeting: PM

Prime Minister Justin Trudeau yesterday said cabinet cannot predict 2020 federal tax revenues or the size of the deficit. Any budget forecasting would be “an exercise in invention”, he said: "No, no, no."

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Student Aid 12% Over Budget

Pandemic relief for jobless students will go nearly $700 million over budget, the Parliamentary Budget Office said yesterday. The program intended for college and university students now pays benefits to high school graduates whether or not they’re enrolled on campus: "People have to get back to work."

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Will Mandate ‘Green’ Cement

The Department of Public Works proposes to mandate the use of “green” cement on all federal construction projects. Cement makers yesterday said they’d sought the order for a decade: "This product is safe."

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No Recovery Til 2023: CMHC

The recession will knock $45,000 off average home prices this year with no recovery likely until 2023, says Canada Mortgage and Housing Corporation. The federal insurer warned the timing of recovery is “highly uncertain”.

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