Commentary Canada is seen by many as a refuge. A refuge for those escaping regimes where their opinions or missions are seen as inconsistent with the types of societies those regimes try to impose on their populations. In these nations, there is one way, and only one way, of doing things. You either acquiesce or…
Beijing’s Targeting of Overseas Activists Has Major Implications for Canada
July 5, 2023
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Ontario Starts Pre-Development Work for New, Large-Scale Nuclear Plant
Ontario is looking to build the first new, large-scale nuclear plant in more than 30 years in order to meet the province’s growing electricity demands. Energy Minister Todd Smith is announcing today that the government is looking at a new plant to generate up to 4,800 megawatts – enough to power 4.8 million homes –…
Vancouver Home Prices Ticking up as Supply Remains Under Pressure: Real Estate Board
The Real Estate Board of Greater Vancouver says last month’s home prices ticked up from May as prospective homebuyers faced a dearth of supply in the region. The board says the composite benchmark sat at more than $1.2 million last month, down 2.4 percent from June 2022 but up 1.3 percent from May. Sales in…
Canada’s Quebecor to Pull Its Ads From Facebook, Instagram
Telecom and media firm Quebecor said on Wednesday it will pull its ads from Facebook and Instagram, following Meta Platforms’ decision to stop access to news on both the social media platforms in Canada over a law requiring payments to local news publishers. The “Online News Act”, or House of Commons bill C-18, introduced in…
Canadian Oil Investors Remain Upbeat, Call for Greater Investment and Production
The first half of 2023 was rough on Canadian oil and gas stocks after a stellar 2022, but bullish sentiment remains. Investors single out as obstacles an adverse policy environment and sentiment toward the industry, and point to the need for ongoing capital investment as the green energy transition stutters. Eric Nuttall, a leading oil…
Toronto Area Transit Systems Need to Improve Services, Reliability: Report Cards
Toronto had the least reliable transit service in 2022 compared to other municipalities in the region, according to newly released transit report cards from the Toronto Region Board of Trade. The average score was based on frequent and basic services, reliability, transit priority, 24-hour service, integration with neighbouring transit systems and service improvement. While Toronto…
Signs of Wage Growth Cooling Encouraging Amid Inflation Fight: Economists
Early signs of wage growth slowing are an indicator the Bank of Canada’s fight against inflation is slowly gaining ground, economists said, but it’s too soon to tell whether Canadians will regain the purchasing power they lost amid sustained price growth. “If wage growth is going to cool, then we better see inflation come down…
The Opioid Crisis Reflects a Failure of Public Policy – It’s Time to Change Course
July 5, 2023
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Commentary What is the end goal of a policy that deals with drug addiction? That’s the key question that political leaders and societal stakeholders should be considering as they announce ever more alarming initiatives in an attempt to limit the number of drug-overdose deaths across Canada. After all, in the end, there are only two…
BC Port Strike Enters Day Five, With Talks Deadlocked Over Maintenance
Talks between maritime employers and the union representing British Columbia port workers remain deadlocked over maintenance issues as a strike by the workers enters its fifth day. Both sides have issued statements singling out a maintenance deal as the reason talks stalled Monday, leaving more than 7,000 workers at 30 ports across B.C. on strike…
Canadian Space Agency Budgets $65 Million to Develop Lunar Rover: Internal Audit
The Canadian Space Agency (CSA) has budgeted approximately $65 million—representing over 40 percent of the agency’s total funds for a moon exploration project—to develop a lunar rover, according to an internal audit. On top of the $65 million for the rover, the CSA also said that around $20 million of the budget has been allocated to…
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