Canada column for
Sunday, April 1/18
THE CANADIAN REPORT
(c) By Jim Fox
Canadians are
trying to be good neighbors to its United States’ ally in spite of more
“questionable” comments by President Donald Trump.
Mild-mannered
Canadians tend to let things go but the latest “misinformed” comments have
rankled many over the planned Keystone XL pipeline.
“Trump tells
another tall tale,” said the Canadian Broadcasting Corp. after he said he wasn’t
thanked by the head of TransCanada for approving the controversial line to the
U.S. from Alberta.
“The boss of
whatever the hell company it is never actually called me to say thank you,”
Trump said in a speech promoting his infrastructure spending plan.
“But that’s OK,
we’ll remember,” he added.
Not true, the
Canadian Press news service reported, noting that when Trump signed an
executive order for the project, TransCanada’s Russ Girling was next to him in
the Oval Office and he thanked him twice, videos show.
“Thank you, Mr. President. This is a very,
very important day for us, for our company,” Girling said.
Also in March, Trump
boasted that he made up facts about a (not true) U.S. trade deficit with Canada
while speaking to Prime Minister Justin Trudeau.
---
It’s not just
coffee that’s getting roasted but the popularity of the iconic Tim Hortons’
coffee and doughnut shop chain as well.
Things haven’t gone
well since the company – now owned by the U.S. Restaurant Brands International
– was reported to have cut employee benefits when Ontario raised its minimum
wage to $14 an hour.
This led to
protests outside stores to support workers, with some people boycotting the
chain as it raised prices.
Now the company
wants franchised owners to help pay for $700 million in renovations to
modernize the shops.
---
News in brief:
- Four Canadian
diplomats have been expelled from Russia in the dispute over the suspected
poisoning of a former Russian spy and his daughter. The Foreign Affairs office
said the diplomats were declared “persona non grata” by the Russian government
in retaliation for the expulsion of four Russian diplomats from Canada. Russia
has denied any involvement in the attack.
- Sharp declines in
oil production and real estate prices have led to Canada’s gross domestic
product unexpectedly shrinking in January. There was a contraction of 0.1 percent
and the slower growth is expected to push any interest-rate increases by the
Bank of Canada to the summer. As well, new mortgage qualification rules
resulted in a 13-percent drop in house sales.
---
Facts and figures:
Canada’s dollar has advanced to 77.5 cents
U.S. while the U.S. greenback returns $1.29 in Canadian funds before exchange
fees.
The Bank of Canada’s key interest rate is
steady at 1.25 percent while the prime-lending rate is 3.45 percent.
Stock markets are mixed, with the Toronto
exchange index up at 15,367 points while the TSX Venture index is down at 796 points.
The average price for gas in Canada is up to $1.26
a liter or $4.79 (Canadian) for a U.S. gallon.
Lotto 6/49: (March 28) 11, 12, 19, 24, 28 and 46; bonus 39.
(March 24) 9, 11, 28, 30, 45 and 49; bonus 5. Lotto Max: (March 23) 7, 12,
15, 23, 35, 43 and 49; bonus 19.
---
Regional briefs:
- The Ontario
Liberal government is offering some goodies in advance of the June provincial
election including free pre-school child day care. Should the Liberals be
re-elected, there would be billion-dollar spending that includes free
prescription drugs and home maintenance money for seniors and expanded mental
health services. Money is planned for new schools and hospital upgrades and
high-speed rail between Windsor and Toronto, along with some tax increases.
- Ancient
footprints found deep below a sandy beach in British Columbia have been
confirmed as the earliest known in North America. Researchers at the University
of Victoria’s Hakai Institute said the 29 footprints on Calvert Island hold
clues to life for some of the continent’s earliest humans. The findings have
been corroborated to be about 13,000 years old.
-30-
Jim Fox can be reached at canadareport@hotmail.com
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