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Monday, December 9, 2019

Canada could 'pay a price' for Trudeau mocking Trump, analysts say


   Canada column for Sunday, Dec. 8/19

   THE CANADIAN REPORT
   (c) By Jim Fox

   Political analysts suggest Canada might pay a price for Prime Minister Justin Trudeau provoking President Donald Trump.
   It’s because Trudeau appeared to mock Trump in a “hot mic” conversation at a Buckingham Palace event for world leaders.
   Trudeau was talking with French President Emmanuel Macron, British Prime Minister Boris Johnson, Dutch Prime Minister Mark Rutte and Princess Anne where they appeared to make fun of the president.
   Later Trump said Trudeau is “two-faced, but I find him to be a nice guy.”
   “Canada could well pay for this . . . it could have very serious consequences,” said Michael Byers, politics and law professor at the University of British Columbia.
   “It sets back years of effort . . . to keep Canada out of the gunsights, so to speak, of an impulsive and vindictive president,” he added.
   Conservative Leader Andrew Scheer said “Trudeau’s poor judgment, lack of professionalism, and love of drama continues to weaken Canada’s position on the world stage.”


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   The Canadian government will soon be moving to ban a list of semi-automatic weapons, said Public Safety Minister Bill Blair.
   He made the comment on the 30th anniversary of the “Montreal massacre” when a gunman killed 14 women and himself at the Ecole Polytechnique university.
   The Ruger Mini-14 used in the shooting is among the weapons to be banned.
   The Liberal government in the recent election campaign said it would ban military-style assault rifles and allow municipalities the power to limit or ban handguns within their borders.
   Owners of the estimated 250,000 semi-automatic assault rifles named in the ban will receive compensation for their weapons in a buyback program, Blair said.

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   News in brief:
   - The Speech from the Throne, outlining the Liberal government’s plans for its second term calls for stronger action to fight climate change. As well, there will be lower taxes for the middle class, stronger gun controls, work toward national pharmacare and investments in infrastructure, public transit, affordable housing and health care. Bloc Quebecois Leader Yves-Francois Blanchet said his party’s 32 members will support the speech to avoid a possible defeat of the minority government.
   - Bank of Canada Governor Stephen Poloz announced he will retire in June when his current mandate expires as head of the central bank. Speculation suggests a possible successor could be Senior Deputy Governor Carolyn Wilkins. Poloz, who is 64, is currently serving a seven-year term in the position.

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   Facts and figures:
   The Canadian dollar is higher at 75.45 cents U.S. while the U.S. dollar returns $1.325 Canadian before exchange fees.
   The Bank of Canada’s key interest rate is steady at 1.75 percent while the prime-lending rate is 3.95 percent.
   Canadian stock markets are mixed with the Toronto exchange index down at 16,996 points and the TSX Venture index up to 537 points.
   The average price for gas in Canada is down at $1.12 a liter or $4.25 for a U.S. gallon.
   Lotto Max: (Dec. 3) 2, 10, 20, 30, 32, 35 and 50; bonus 21. (Nov. 29), 3, 8, 14, 15, 24, 33 and 48; bonus 4.
   Lotto 6/49: (Dec. 4) 2, 3, 4, 10, 21 and 43; bonus 19. (Nov. 30) 1, 8, 18, 24, 30 and 45; bonus 13.

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   Regional briefs:
   - There’s a political football of sorts as agreement still hasn’t been reached on the site of a $110-million stadium to bring a Canadian Football League team to the Halifax area. Schooner Sports and Entertainment is seeking government funding to build the complex in Dartmouth’s Shannon Park by 2022. The problem is a report for Halifax Regional Council recommends rejection of the location saying it is “not conducive to a robust transportation plan.”
   - A craft beer battle in Alberta has ended with the Court of Appeal ruling the province doesn’t have to pay $2 million to out-of-province breweries. It also ruled Alberta can’t resurrect a craft beer support program in which the previous government charged retailers a higher markup for beer brewed outside British Columbia, Alberta and Saskatchewan that was called a barrier to interprovincial trade.

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Jim Fox can be reached at canadareport@hotmail.com

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