Governor General Mary Simon yesterday in pointed remarks to foreign diplomats lamented a tense rise in “economic nationalism.” Her speech came as U.S. President Donald Trump confirmed a tariff war will commence today: 'Canada understands respect.'
Bank Chief Eyes “Stress Test”
Canada’s chief bank inspector says a current mortgage “stress test” may be replaced altogether with tighter scrutiny of banks instead of borrowers. “We’ll decide after we have a full year of testing,” Superintendent of Financial Institutions Peter Routledge said in a memo.
Shield Carney From The Press
Organizers of Mark Carney’s Liberal leadership campaign are shielding the candidate from media following criticism he lied about his record. News coverage of one invitation-only Carney speech was restricted to reporters instructed to “RSVP to receive location details.”
Public Is Alert To Media Bias
Canadians are more alert to “potential biases in ‘mainstream’ news” with the growth of independent media and multiple news sources on the internet, say CRTC researchers. The public said media typically do a poor job of reporting on different political views, said a report released Saturday: 'People are being more selective.'
Rely On CBC To Save Canada
Cabinet is counting on the CBC to save Canadian democracy from American threats, says Foreign Minister Mélanie Joly. The Crown broadcaster was just as important as Parliament or the courts in the current "security crisis," she said.
Pay $1.6B For ‘Social Benefits’
A multi-billion dollar fund intended to subsidize projects that deliver “social benefits” never defined the term, says a Department of Natural Resources audit. Analysts said it was difficult to determine if taxpayers received value for money: 'They have yet to fully determine a comprehensive method to measure them.'
Last Chapter In Lac-Mégantic
Canadian Pacific Railway has been cleared of liability in the nation’s worst postwar train wreck. The Railway was not to blame for the 2013 Lac-Mégantic disaster, the Québec Court of Appeal has ruled: "Canadian Pacific was not the owner of the train that derailed, or its cargo."
“Sleep Thru The Hurricane”
Poet Shai Ben-Shalom writes: “My cat sleeps through the hurricane, undisturbed by 150 miles-per-hour gusts…”
Review: For Those In Peril On The Sea
It was a popular quip in the 1980s that West Edmonton Mall’s waterpark had more submarines than the Royal Canadian Navy. The sub service was always the heartbreak branch of the military: underfunded, ill-equipped, with working conditions that would be intolerable in a federal prison.
Author Julie Ferguson spent decades researching this affectionate tribute to the nation’s hard-luck submariners. It remains an intriguing and little-known story. It is also a mystery why anyone ever volunteered for submarine duty in the first place.
Modern underwater warfare dates from 1863 when the Confederate navy launched a combat submarine in Alabama’s Mobile Bay, the H.L. Hunley: a ten-metre tube with hand-cranked propeller and lighting by candle. The idea was to sneak up on Union warships dragging a canister of gunpowder in tow. Instead the Hunley sank like a stone. Rescuers later recovered corpses of crewmen huddled together clutching candles, their faces frozen in agony: “The spectacle was ghastly.”
Solve Housing Crisis By 2055
Housing affordability should be restored by 2055 or so based on current development rates, CMHC said yesterday. Research showed planning and obtaining municipal permits took about twice as long as actual construction of a typical apartment building or townhouse row: "This is far too long."
Ask Carney For Explanation
Cabinet supporters are dismissing criticism of Mark Carney over misleading statements he made regarding his involvement in relocating a corporate head office from Toronto to New York. However one minister said Carney should explain himself to Canadians: "You've got to ask Mr. Carney."
“Watch Me,” Vows Freeland
Liberal leadership candidate Chrystia Freeland yesterday insisted she can raise military spending 63 percent in two years. “Watch me,” said Freeland after a former cabinet colleague dismissed the claim as implausible: "It can’t be done."
Audit Revisits Passport Snarl
A newly-disclosed federal audit yesterday cited “confusion,” “lack of insight” and mismanagement at the passport office that cost taxpayers millions. Liberal leadership candidate Karina Gould was minister responsible at the time: "The entire service delivery model was temporarily disrupted."
Report Promotes Older Hires
A labour department report recommends new measures to keep willing, older employees in the workforce. It follows a cabinet suggestion of tax reforms for pension-age Canadians who choose to stay on the job: "This report will guide our next steps."
PM Racks Up Appointments
Prime Minister Justin Trudeau has made 104 federal appointments since announcing his resignation January 6, records show. Appointees include four senators, six ambassadors and 14 judges, and the reappointment of a former Liberal MP whose term at a federal agency did not expire until months after Trudeau leaves office: 'I commit to transparency and merit-based appointments.'



