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Sunday, August 2, 2020

Trudeau admits "perception issue" with hiring of WE Charity


   Canada column for Sunday, Aug. 2/20

   THE CANADIAN REPORT
   (c) By Jim Fox

   Prime Minister Justin Trudeau – in what could be a showdown over the fate of his job –
testified he was aware of a “perception” issue over hiring WE Charity to run a $900-million student-volunteer program.
   Trudeau’s wife, brother and mother were paid about $300,000 in fees and reimbursements to take part in WE programs.
  Trudeau has acknowledged that in haste to get the pandemic relief program going, he had failed to recuse himself from awarding the contract.
   The grant program for students who volunteer for work projects “has absolutely nothing to do with any work my brother or mother did with WE and that’s why there was no conflict of interest,” Trudeau told a committee investigating the issue.
   Similar allegations of conflict are being made against Finance Minister Bill Morneau.
   His daughter works for WE and he recently repaid $41,000 for trips his family took to Kenya and Ecuador in 2017 to see humanitarian work.
   Opposition Members of Parliament are still calling on Trudeau and Morneau to resign.

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   The rules are being tightening for travelers from the United States and abroad heading for Alaska through Canada.
   The new rules now in effect require that people enter Canada at one of five specified border crossings.
   The Canada-U.S. border remains closed now until Aug. 31 to all but “essential” travel to stop the pandemic spread.
   Several U.S. visitors who made side trips to tour Banff National Park were given $1,200 fines.
     Now travellers are given tags to display showing their status and the date they must leave Canada.

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   News in brief:
   - The Canadian government is revamping its pandemic compensation for those who lost their jobs as the $2,000 a month support plan is expiring. When the benefit ends, those who are still unemployed or unable to work will be moved to the employment insurance system, Prime Minister Trudeau said. About 8.5-million people have claimed the benefit.
   - The economy grew by 4.5 percent in May as businesses began to reopen after severe lockdowns in March and April. Statistics Canada said there were record gains of 16.4 percent in retail trade. Car and truck sales contributed the most to the growth.
   - A smartphone app has been developed in Canada to warn users they’ve been near someone who tested positive for COVID-19. It is designed to trace and help to slow the spread of the virus. The free app tracks the location of phones relative to each other without collecting personal data.
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   Facts and figures:
  The Canadian dollar is slightly higher at 74.55 cents U.S. while the U.S. dollar returns $1.341 Canadian before exchange fees.
   The Bank of Canada’s key interest rate remains unchanged at 0.25 percent while the prime lending rate is 2.45 percent.
   Canadian stock markets are higher with the Toronto index at 16,169 points and the TSX Venture index 721 points.
   The average price for gas in Canada is steady at $1.04 a liter (Canadian) or $3.95 for a U.S. gallon.
   Lotto Max: (July 28) 7, 10, 11, 24, 39, 43 and 48; bonus 23. (July 24) 17, 20, 27, 29, 37, 39 and 41; bonus 10.
   Lotto 6/49: (July 29) 1, 11, 17, 19, 22 and 45; bonus 14. (July 25) 6, 21, 34, 44, 45 and 48; bonus 33.

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   Regional briefs:
   - A “friendly” takeover of Torstar, one of Canada’s largest newspaper chains, has been delayed by a rival bidder. The publisher of the Toronto Star has been controlled by a voting trust of several families but has had a steady drop in revenue and circulation. Entrepreneurs Jordan Bitove and Paul Rivett made a $60-million offer while a court review of rival bidder Canadian Modern Media Holdings is planned.
   - Air travellers now have to undergoing having their temperatures taken at major airports to help curb the virus spread. Temperature screening stations are operating at airports in Toronto, Vancouver, Calgary and Montreal and will be expanded to another 11 airports by September. Those with high temperatures won’t be allowed to travel and everyone must wear face masks.

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Jim Fox can be reached at canadareport@hotmail.com

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