Canada column for
Sunday, Feb. 26/17
THE CANADIAN REPORT
(c) By Jim Fox
Hundreds of
refugees are turning up on Canada’s doorstep – many of them risking their lives
– to seek asylum.
Crossing snowy farm
fields and trudging through deep snowbanks at night, men, women and young
children are making their way into Manitoba, and increasingly Quebec, Alberta
and British Columbia.
The influx has
grown as the U.S. cracks down on undocumented aliens and since Canadian Prime
Minister Justin Trudeau said Canada welcomes the unfortunate refugees.
Jean-Nicolas Beuze, United Nations’ refugee
agency representative in Canada, said many asylum seekers in Lacolle,
Quebec said they are fleeing what they feel is an unwelcoming climate in the
U.S.
Provinces are
seeking assistance coping, Manitoba Premier Brian Pallister said as he announced
funding for 14 emergency housing units and $180,000 for a refugee
response worker and to pay for paralegal services and transportation
costs.
The refugees are detained
by the Mounties and Canada border agents for security checks, medical attention
and assistance before being released to await processing.
---
Border issues and
the still unresolved softwood lumber agreement were discussed by Prime Minister
Justin Trudeau and President Donald Trump during a phone call on Thursday.
They two leaders
discussed “a range of bilateral relations issues” that included Canada-U.S.
border security and the upcoming G7 and G20 summits,” the Prime Minister’s
Office said.
The White House
statement noted the border talks included “implementation of the administration's
actions to protect America from terrorist attacks by foreign nationals and
others.”
They also discussed
working together on the Canada-United States Council for Advancement of Women
Entrepreneurs and Business Leaders.
---
News in brief:
- The Canadian
government had a budget shortfall of $14 billion in the first nine months of
the fiscal year compared with a $3.2-billion surplus a year ago. Payments to people,
including seniors, were up $5.7 billion or 9.3 percent and direct-program
spending rose $8.9 billion, or 11.3 percent. Revenues, such income taxes, were
down $1.9 billion or 0.9 percent.
- Cha-ching! That’s
the sound heard around the Royal Bank of Canada as it racked up$3.03 billion in
net income in the first quarter, up 24 percent from a year ago. Credit quality
improved, helped by stable economic conditions in Canada and higher oil prices,
CEO David McKay said. Revenue in the period was $9.55 billion.
---
Facts and figures:
- Gasoline prices that
jumped by 20.6 percent in the past year helped push Canada’s annual inflation
rate in January to 2.1 percent. The jump coincided with implementation of
carbon-pricing policies in Ontario and Alberta.
The Canadian dollar
has advanced to 76.37 cents U.S. while the U.S. dollar returns $1.309 Canadian,
before exchange fees.
The Bank of Canada’s key interest rate is
steady at 0.5 percent while the prime-lending rate is 2.7 percent.
Stock markets are lower, with the Toronto
exchange index at 15,600 points while the TSX Venture index is 836 points.
The average price for gas in Canada is steady at
$1.063 a liter or $4.03 (Canadian) for a U.S. gallon.
Lotto 6/49: (Feb. 22) 9, 21, 25, 26, 31 and 41; bonus
11. (Feb. 18) 11, 13, 14, 20, 43 and 49; bonus 25. Lotto Max (Feb. 17) 5, 9, 14,
24, 33, 37 and 46; bonus 38.
---
Regional briefs:
- Media mogul
Pierre Karl Peladeau is returning to his family business, Quebecor as CEO,
after a brief foray into politics. Peladeau, 55, had spent 14 years running the
Quebec-based media company before being elected by the Parti Quebecois in 2014 and
elected leader a year later. Opponents had been demanding that he sell his controlling
shares in Quebecor that he refused to do.
- When in doubt,
blame the GPS. A man who drove his SUV into a Toronto streetcar tunnel, jamming
it at the Union Station platform did just that. He blamed the device for
leading him into the downtown tunnel at 5 a.m. resulting in a six-hour delay on
two of the busiest transit routes. A special crane was needed to remove the
vehicle and the man was given a traffic ticket.
-30-
Jim Fox can be reached at canadareport@hotmail.com
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