OT TAWA/ Q U E B EC E D I T I O N ■ FRIDAY , M ARCH 2 5, 2022 ■ G LO B E A N D M A I L .

CO M

Rogers-Shaw deal clears first Ukrainian

military says
hurdle with CRTC approval it is gaining
ground against
$26-billion takeover will benefit consumers, telecom regulator said in its decision Russian forces
ALEXANDRA POSADZKI TELECOM REPORTER opment of programming that reflects Can- cacy Centre, an Ottawa-based consumer ANDREW E. KRAMER
adian attitudes, opinions and values. “Can- advocacy group, said it was disappointing KYIV
adians as consumers will benefit from this that the regulator appears to have ignored
Canada’s telecom regulator has approved transaction,” the CRTC’s decisions reads. the potential cost impact on consumers.
Rogers Communications Inc.’s takeover of The conditions set out by the regulator “Shaw customers should get set for high- A month into a war that began
Shaw Communications Inc.’s broadcasting would require Rogers to pay $27.2-million er TV and internet prices, and a ‘forced with widespread expectations of
services with some conditions attached, to the Canada Media Fund, which finances march’ to Rogers’ Ignite TV platform,” Mr. a quick rout, Ukraine’s military
clearing the first of three regulatory hur- the creation of Canadian content, the Inde- Lawford said in a statement. has begun a counteroffensive
dles facing the $26-billion takeover. pendent Local News Fund, which supports Innovation, Science and Industry Minis- that has altered the central dy-
The Canadian Radio-television and Tele- independent television stations in produc- ter François-Philippe Champagne said ear- namic of the fighting: The ques-
communications Commission said in its ing local news, and specific independent lier this month that he won’t allow Rogers tion is no longer how far Russian
decision on Thursday that the deal, with production funds, such as the Rogers Docu- to acquire all of Shaw’s wireless licences be- forces have advanced, but wheth-
the conditions it has proposed, is in the mentary Fund and the Shaw Rocket Fund. cause doing so would go against Ottawa’s er the Ukrainians are now push-
public interest because it would advance Consumer advocates expressed dissatis- desire to preserve competition in the wire- ing them back.
the objectives of the Broadcasting Act. faction with the ruling. John Lawford, exec- less sector. Ukraine has blown up parked
Those goals include encouraging the devel- utive director of the Public Interest Advo- TAKEOVER, A19 Russian helicopters in the south,
and Thursday claimed to have de-
stroyed a naval ship in the Sea of
Azov. Its forces struck a Russian
[ FOLIO ] resupply convoy in the northeast.
Western and Ukrainian offi-
cials also have claimed progress
in fierce fighting around Kyiv, the
capital.
The asserted gains in territory
are hard to quantify, or verify. In
at least one crucial battle in a sub-
urb of Kyiv, where Russian troops
had made their closest approach
to the capital, brutal street fight-
ing still raged Thursday and it was
not clear that Ukraine had re-
gained any ground.
But even this muddied picture
of Ukrainian progress is helpful
for the country’s messaging to its
citizens, and to the world – that it
is taking the fight to a foe with su-
perior numbers and weaponry,
and not just hunkering down to
play defence.
And it underscores the flawed
planning and execution that has
bedevilled Russian forces from
the start, including supply short-
ages and demoralizing condi-
tions for its soldiers.

CELEBRATING IMAGES Those missteps have enabled

Ukraine to unexpectedly go on
the offensive.
OF BEAUTY AND ANGUISH WAR, A4

National reckoning over residential schools, U.S. Capitol riot

among World Press Photo Award winners A10-11
WHO rejects
Medicago
Left: A Trump supporter pumps his fist outside the U.S. Capitol Building during the Jan. 6 insurrection.
Right: Democrats participate in a ceremony to commemorate the Sept. 11 terrorist attacks. PHOTOS BY LOUIE PALU/ZUMA PRESS
vaccine
over tobacco
industry ties
CARLY WEEKS
ROBERT FIFE
Catholics face test of faith as Indigenous delegation prepares
for trip to Vatican to seek residential-school apology The World Health Organization
has rejected Medicago’s CO-
VID-19 vaccine because of the
PATRICK WHITE “It made me feel bad.” mean in terms of lost culture, lost lan- company’s ties to the tobacco in-
Like many of Canada’s 11 million Cathol- guage, trauma, the intergenerational im- dustry, a major blow that will
ics, Ms. McDonald will be watching the de- pacts of residential school?” substantially limit the vaccine’s

W
hen friends ask Rose-Alma velopments from an Indigenous delega- It has been seven years since the Truth availability around the world.
McDonald, “How can you still tion’s visit to the Vatican later this month and Reconciliation Commission of Canada The unfavourable decision,
go to that church?” – and they with nervous anticipation. While she (TRC) called on the Pope to apologize for which was expected, raises new
ask often – the 68-year-old Mo- hopes the trip, along with a widely anti- the abuses at Catholic-run residential questions about the federal gov-
hawk from Akwesasne knows exactly cipated papal apology on Canadian soil, schools. But it took last year’s Kamloops ernment’s 2020 decision to in-
what they’re getting at. can begin to reverse the church’s troubled announcement – accompanied by an in- vest $173-million in Medicago,
For much of last year, the doors of her relationship with Indigenous people, she ternal backlash from shocked church given that Philip Morris Invest-
Catholic church were surrounded by hun- knows junkets and regret alone won’t cut members – to spur Canada’s bishops and ments, a subsidiary of tobacco
dreds of baby shoes, reminders of the un- it. the Vatican to take action. giant Philip Morris, has a one-
marked graves located around the site of a “It’s a good idea, but it took so long. I Canadian bishops apologized last year, third ownership stake in the
former Catholic Church-run residential think someone at the Vatican really and Indigenous leaders will be asking the Quebec City-based company.
school in Kamloops last June. dropped the ball,” Ms. McDonald said of Pope to apologize in their meetings with In a briefing last week, a WHO
“Yeah, it tested my faith,” said Ms. the delegation. “An apology might give him next week in Rome. official said it was pausing the
McDonald, a lay minister. some people relief, but what does that CATHOLICS, A3 review into Medicago in light of
the tobacco- industry involve-
ment.
On Thursday, a WHO spokes-
person told The Globe and Mail
in an e-mail that Medicago’s re-
R E P O RT O N B U S I N E S S quest for an emergency-use list-
Canada to boost U.S. oil ing – aimed at expediting the
availability of vaccines around
RESIDENTIAL SCHOOLS and gas exports to ease the world during public-health
Indigenous global supply crunch emergencies – has been denied.
B1 He said the decision was made
leaders call “because of the linkage with the
for restitution tobacco industry and WHO’s
strict policy on not engaging
ahead of visit with companies that promote to-
to Rome W E E K E N D WATC H I N G bacco.”
A3 Review: The Lost City An emergency-use listing is re-
quired for vaccines to be used by
offers star-powered, COVAX, a global initiative to
big-budget schlock share vaccines with low- and
DAVE CHAN/ middle-income countries.
A14
THE GLOBE AND MAIL MEDICAGO, A19

INSIDE A-SECTION B-SECTION PODCAST THE GLOBE'S SECUREDROP SERVICE PROVIDES

A WAY TO SECURELY SHARE INFORMATION WITH
JOHN IBBITSON . . . . . . . . . . . . . . A5 FOLIO. . . . . . . . . . . . . . . . . . . . . A10-11 REPORT ON BUSINESS . . . . . . . . B1 Canadian Race OUR JOURNALISTS TGAM.CA/SECUREDROP
MICHAEL IGNATIEFF. . . . . . . . . . A13 EDITORIAL & LETTERS. . . . . . . . A12 GLOBE INVESTOR . . . . . . . . . . . . B8 Relations Foundation’s

(HDFFC|00005W /b.c
BARRY HERTZ . . . . . . . . . . . . . . . A14 OPINION . . . . . . . . . . . . . . . . . . . . A13 SPORTS . . . . . . . . . . . . . . . . . . . . . B13 Mohammed Hashim MON-FRI: $4.00
PATRICK BRETHOUR . . . . . . . . . . . B1 WEEKEND WATCHING . . . . . . . . A14 COMICS . . . . . . . . . . . . . . . . . . . . . B16
RITA TRICHUR. . . . . . . . . . . . . . . . . B2 FIRST PERSON . . . . . . . . . . . . . . . A17 OBITUARIES . . . . . . . . . . . . . . . . B20 on hate crimes SATURDAY: $7.00
PRICES MAY BE
ROB CARRICK . . . . . . . . . . . . . . . . . B8 WEATHER & PUZZLES . . . . . . . . A18 tgam.ca/TheDecibel HIGHER IN SOME AREAS
 A2 O T H E G LO B E A N D M A I L | F R I DAY , M A RC H 2 5 , 2 0 2 2

MOMENT IN TIME

MARCH 25, 1942

Aretha Franklin sings a set in Toronto outside a Holt Renfrew store on Nov. 6, 2007.
FRED LUM/THE GLOBE AND MAIL

ARETHA FRANKLIN
IS BORN
S
he was known as the Queen of Soul. But when
she was born this day in 1942, the name given
to her by her parents was Aretha Louise Fran-
klin. She was delivered at her family’s home
in Memphis, Tenn., daughter to a circuit preacher
father and a piano-playing, gospel-singing mother.
By the time she was 5, her family had relocated to
Detroit. She grew up fast, having two children be-
fore she was old enough to drive and signing a re-
cord deal with Columbia at the age of 18. In 1966,
producer Jerry Wexler brought her to Atlantic Re-
cords, where Franklin’s career took off as a soulful
pop singer who brought a gospel fervour to her sec-
ular material. Hit songs such as Do Right Woman – Do
Right Man portrayed women as vulnerable yet in-
domitable, and if men didn’t get the message, the
singer was not above spelling it out for them. The
greatest female singer of her generation died in
2018, at 76. The story of her life was told in a 2021
feature film. It was called Respect. BRAD WHEELER

[ COLUMNISTS ]

ROBYN RITA
URBACK FIRST TRICHUR

OPINION PERSON OPINION

Michelle Rempel Garner Rosemarie McClean We should be relieved

may be the Tories’ most was about to start Ottawa isn’t rushing
outspoken advocate a new job when she headlong into open
for women’s rights was hit by a car and banking despite
– which makes her injured badly. She mounting pressure
and Patrick Brown considers it one of from the financial
an odd pairing A13 her luckiest days A17 technology sector B2

focus
NDP will hold Liberals accountable through
pause
committees despite deal, Singh says
reconnect
create IAN BAILEY OTTAWA
share NDP Leader Jagmeet Singh says
his party’s commitment to prop
up the Liberals in House of Com-
mons confidence votes, in ex-
change for action on NDP prior-
ities, won’t prevent his caucus
from holding the government
accountable in parliamentary
committees.
At those committees, opposi-
tion MPs ask questions of gov-
ernment ministers, holding
them accountable on the poli-
cies that they manage. Govern-
ment MPs also sit on the com-
mittees.
At a news conference Thurs-
day, Mr. Singh said the routine of
tough opposition questioning
won’t change.
This week, Mr. Singh and
Prime Minister Justin Trudeau
announced a deal to keep the
Liberals in power through 2025
in exchange for parliamentary
co-operation and progress on
key NDP objectives, including an
income-based dental-care pro-
gram and national pharmacare,
and on issues such as housing
and climate change.
“Nothing in this agreement
precludes us from continuing to
be an opposition party that
holds the government to ac-
count, whether in Parliament or
Bulthaup Toronto Inc. in the committees,” Mr. Singh
280 King Street East said.
Toronto, ON M5A 1K7 Committees consist of mem-
phone +1 416 361 9005 bers from the government side
toronto.bulthaup.com and opposition, roughly in the
same proportion as the party
standings in the House. They are
responsible for reviewing legisla-
tion and government spending
proposals. They can also launch
special studies.
Committee meetings general-
ly involve hearing from witness-
es such as cabinet ministers, se-
nior public servants or policy ex-
perts.
For example, the standing
committee on foreign affairs and
international development ques-
tioned Foreign Affairs Minister
Mélanie Joly on Thursday.
But committees also have
been key to probing such issues
as the WE Charity controversy,
which was subject to review by
three Commons committees.
There was also a special com-
mittee investigating the crisis in
Canada-China relations, which
the Liberals initially voted
against creating.
Opposition MPs have out-
numbered the members of the
minority Liberal government on
committees and, therefore, have
been able to override the govern-
ing party to call hearings.
Nothing in this
agreement precludes us
from continuing to be
an opposition party that
holds the government
to account, whether in
Parliament or in the
committees.
JAGMEET SINGH
FEDERAL NDP LEADER
Mr. Trudeau briefly raised the
issue of committees at a news
conference earlier this week.
“We both believe firmly in
Parliament’s role of keeping the
government accountable. This
agreement maintains that
critical function,” Mr. Trudeau
said.
“Every piece of legislation will
continue to get the scrutiny it
merits. Committees will contin-
ue to do their essential work and
members of Parliament will con-
tinue representing their constit-
uents and holding the govern-
ment to account.”
Former NDP leader Ed Broad-
bent, attending the same news
conference as Mr. Singh, called
the Liberal-NDP deal the “most
significant” agreement he had
seen between a governing party
and the NDP.
Mr. Broadbent was leader of
the NDP from 1979 to 1989, and
returned to the House in 2004
for a single term as an MP.
“The key part of this is the re-
quirement of monitoring com-
mittees to make sure it’s en-
forced, and having dealt, for
many years, with the Liberal Par-
ty myself when they are in pow-
er, it’s absolutely essential for the
NDP to keep on top of this to
make sure the agreements that
have been entered into are ac-
tually acted upon,” said Mr.
Broadbent.
But other parties are skeptical.
Conservative MP Blaine
Calkins, the chief Opposition
whip, noted the agreement with
the NDP and Liberals commits to
the New Democrats co-ordinat-
ing with the Liberals at commit-
tee.
The text of an agreement re-
leased by the NDP says, “To en-
sure committees are able to con-
tinue their essential work, both
parties agree to communicate re-
garding any issues which could
impede the government’s ability
to function or cause unnecessary
obstructions to legislation re-
view, studies and work plans at
committees.”
Mr. Calkins said it’s a concern-
ing commitment.
“After six years of Liberal cor-
ruption scandals and anti-demo-
cratic power grabs, it is hard to
believe this flip-flop from New
Democrats who have agreed to
do Justin Trudeau’s dirty work of
subverting Parliament, choosing
political opportunism over dem-
ocratic accountability,” he said in
a statement.
Christine Normandin, the
deputy House leader of the Bloc
Québécois, said the Liberal-NDP
agreement officializes a degree
of co-operation at committees
that her party has noticed be-
tween the two parties.
“What it tells us is when the
NDP will vote against the govern-
ment in committees, it’s most
likely going to because it’s a way
for them to get a face-saver and
still be able to say, ‘Yeah, we’re
doing our job as an opposition,’ ”
Ms. Normandin said in an inter-
view.
F R I DAY, MA RC H 2 5 , 2 0 2 2 | T H E G LO B E A N D M A I L O NEWS | A3

Indigenous leaders call on

Catholic Church to hasten reparations
Delegates heading to
Vatican say institution
has much more to do
in terms of restitution
TAVIA GRANT
Indigenous leaders soon heading
to the Vatican say they want to
see restitution for the harms that
Canada’s residential-school sys-
tem inflicted on generations of
families – with more financial
compensation from the Catholic
Church and delivered more
quickly than it has promised so
far.
Last fall, after a public outcry
over the discoveries of hundreds
of unmarked graves at former
residential-school sites, the bish-
ops of Canada made a new na-
tional fundraising pledge, with a
target of $30-million over five
years. All three lead delegates,
representing First Nations, Métis
and Inuit groups, now say they
want a more substantial – and
swifter – response.
The church has “an ethical
and moral obligation, in the spir-
it of reconciliation, to immedi-
ately provide this funding,” said
Natan Obed, president of Inuit
Tapiriit Kanatami, who is leading
the Inuit delegation, in an inter-
view.
“We are a bit incredulous to
think that an entity with so
many land holdings, and such
vast assets, is unable to identify
$25-million for the hundred-plus
years of human-rights abuses
perpetrated against Indigenous
children,” he said. “It doesn’t
compute when you see the
Catholic Church’s current foot-
print and sustainability in this
country.”
Mr. Obed is not alone in his
message. Cassidy Caron, presi-
dent of the Métis National Coun-
cil (MNC) and lead of the Métis
delegation, said the church has
more to do in terms of restitu-
tion.
“The Vatican is a state that
holds a lot of wealth. And for
[the church] to only rely on a
fundraising campaign from their
parishioners … sure, it plays a
role in reconciliation, but there’s
a larger role for the Vatican itself
to play.”
The message is being con-
veyed as a delegation of Indige-
nous residential-school survi-
vors, elders, knowledge keepers,
youth, leaders and other repre-
sentatives is headed to Rome.
Pope Francis will meet with each
of the three Indigenous groups
starting on March 28. A final au-
dience with the Pope is sched-
uled for April 1.
The Catholic Church ran the
majority of residential schools in
Canada, where at least 150,000
Inuit, Métis and First Nations
butions. The AFN wants to see
“investment into long-term heal-
ing initiatives – beyond the re-
cent commitment of $30-million
announced on Sept. 27, 2021,” for
support programs and services
for survivors and their descend-
ants.
Mr. Obed says restitution
should go well beyond a fun-
draiser. ”When we think about
the price of land and we think
about the price of real estate, and
the idea that none of that can be
touched. And the only way in
which the Catholic Church is able
to make good on its legal obliga-
tion is to have individual Catholi-
cs, in 2020, to donate for this ex-
press purpose. It is categorically
dissonant.”
Some churches that were in-
volved in running the schools are
taking a different approach with
funding. The United Church of
Canada has a policy that a mini-
mum 10 per cent of the proceeds
of most property sales go toward
reconciliation initiatives, includ-
ing a healing fund. It has also set
Above: Cassidy Caron, aside money each year for recon-
president of the ciliation programs, and last year
Métis National Council, it approved $3-million to help fi-
is leading the Métis nance investigations of un-
delegation to the marked graves at residential
Vatican, where schools.
Indigenous The Vatican said last year that
residential-school the Pope has agreed to visit Can-
survivors, elders, ada as part of the reconciliation
knowledge keepers, process, although it hasn’t said
youth, leaders and other when, nor whether he will issue
representatives will a public apology.
speak with Pope Francis. Mr. Obed wants the Pope to
make a formal apology in Cana-
Right: Natan Obed, da, for the Catholic Church’s role
president of Inuit Tapiriit in operating the schools. He
Kanatami, will lead wants the church to support the
the Inuit delegation. work of reuniting children bur-
PHOTOS BY DAVE CHAN/ ied in unmarked graves with
THE GLOBE AND MAIL their communities – be it
through sharing historical re-
cords, offering financial assist-
ance or other supports.
“It is one thing to express sor-
children were separated from reparations, through asset sales row and say that you are willing
their families; many were forbid- or other means. to open up any records,” he said.
We are a bit den from speaking their lan- “There is clear consensus “It’s another thing to do all that
guage and practising their cul- among Canada’s bishops that you possibly can as an institu-
incredulous ture. The Truth and Reconcilia- more needs to be done to ad- tion, with the power and re-
to think that an tion Commission has called it a vance healing and reconciliation sources that you hold, to help in
entity with so many policy of cultural genocide. with Indigenous peoples,” said a time of need for those most af-
land holdings, As part of a 2006 settlement, Jonathan Lesarge, the CCCB’s fected.”
Catholic Church entities agreed government and public-relations And he wants the church to
and such vast assets, to several financial commit- adviser, in an e-mailed response. hold to account those who com-
is unable to identify ments, including to make their He said efforts right now are mitted crimes while associated
$25-million for the best efforts to raise $25-million focused on the national fundrais- with the church – citing the case
hundred-plus years for healing projects – an effort ing pledge, providing records, of Johannes Rivoire, an Oblate
that fell far short, raising just engaging Pope Francis in the rec- priest accused of sexually as-
of human-rights $3.7-million. onciliation process, and educa- saulting Inuit children, who was
abuses perpetrated A Globe and Mail investigation tion. “Canada’s bishops will con- based in Nunavut and is now be-
against Indigenous last year revealed the size of the tinue to work with Indigenous lieved to be in France.
children. church’s net assets in Canada, leaders on discerning additional Ms. Caron of MNC also wants
which are valued at a minimum steps we can take in the future,” to see missing records shared
NATAN OBED of $4.1-billion in 2019, based on he said. and a papal apology. “It has to
PRESIDENT OF INUIT TAPIRIIT tax filings for thousands of Ca- The Assembly of First Nations start with an apology,” she said.
KANATAMI AND LEADER OF tholic Church organizations. is calling for a number of “imme- “We just need acknowledg-
THE INUIT DELEGATION TO
THE VATICAN The Globe asked the Canadian diate actions” from the church. ment of the harms and the
Conference of Catholic Bishops, In a press conference Thursday, wrongdoing – that the church
which is covering the costs of the NWT Regional Chief Gerald An- caused harms, and that they did
official delegation, for comment toine, lead delegate for the AFN things that were wrong, and it
on whether it is considering a and a residential-school survivor, still has an impact on our com-
greater financial contribution or said this includes greater contri- munities today.”

Catholics: Some think reparations should come from Holy See, not collection plates
FROM A1
Now, those internal critics are urging the
church to go beyond an apology and ad-
dress other Indigenous inequities. Doing
too little, they say, risks further alienating
a broad faction of Catholics who’ve grown
weary of scandal and inaction.
“It’s a moment of crisis – existential cri-
sis – for Catholics in the pews,” said Dar-
ren Dias, a theology professor at the Uni-
versity of St. Michael’s College in Toronto.
“They may have disagreed with the
church’s teaching on artificial contracep-
tion or human sexuality, but now to see
the church engaged in crimes and then
coverups, this is really difficult for people.
The question is: Will they change the
church from within or will they just walk
away?”
The church’s delayed apology for resi-
dential schools is reminiscent of its re-
sponse to a decades-long sexual-abuse cri-
sis, typified by a lack of acknowledgment,
accountability and transparency, accord-
ing to some Catholics. The approach has
been blamed on clericalism – the concen-
tration of power and authority within a
clergy that is unaccountable to average
churchgoers. Pope Francis has denounced
clericalism and launched a mass consulta-
tion effort, called synodality, to foster a
more participatory church.
A week after the Kamloops announce-
ment, Prof. Dias signed a petition from
“concerned Canadian Catholics” demand-
ing an apology from the Pope, $20-million
in restitution for reconciliation efforts and
money for reburials, if required.
Today, he also wants to see the church
champion the TRC’s calls to action – 94
recommendations covering everything
from new legislation to education, health
care and language rights.
The church addressed some of the fury
around restitution last September when
the Canadian Conference of Catholic Bish-
Born into a Catholic family, Rose-Alma McDonald left the church when she was young. She
returned when she saw growing diversity among the clergy and the introduction of Mohawk
traditions and rituals such as smudging and drumming. DAVE CHAN/THE GLOBE AND MAIL
ops (CCCB) announced a campaign to
raise $30-million over five years for recon-
ciliation efforts. But the announcement
came amid withering criticism from Indig-
enous groups and the CCCB’s own mem-
bers over a failure to meet a previous
commitment of $25-million as part of the
Indian Residential Schools Settlement
Agreement. That campaign ultimately
raised just $3.7-million.
“It was clear to a number of people that
the best-efforts collection of $3.7-million
did not seem to be a genuine attempt,”
said another petition signatory, Richard
Alway, the recently retired president of
the Pontifical Institute of Medieval Stud-
ies. “We’re looking at progress now. But
it’s slow and it’s gradual.”
Some Catholics think the money
should come from the Holy See, not Cana-
dian collection plates.
“I see the Vatican sitting on vast riches,”
Toronto Catholic Carla DeSantis said.
“They could sell a painting or a property
rather than turning around and asking
parishioners to fund the restitution.”
The federal government estimates at
least 150,000 First Nations, Métis and Inuit
children attended roughly 140 residential
schools between the 1880s and 1997. Gov-
ernment officials directed school staff to
prohibit children from speaking their own
languages. Two of the TRC’s calls to action
ask churches to educate clergy and con-
gregations on Indigenous issues, as well as
foster language and cultural revitaliza-
tion.
Some Catholics want to see a greater
commitment to those principles after the
delegation’s visit to the Vatican.
“If the church wants to forge ties with
Indigenous people, they should work with
people like me to bring our language into
church,” said Rennie Nahanee a Catholic
deacon and Squamish Nation elder. “If
they don’t do that, then what the church
is doing is just PR.”
Deacon Nahanee said the Pope could
also play a symbolic role in land claims
issues by renouncing several centuries-old
decrees, called papal bulls, that granted
Christian explorers the authority to claim
lands occupied by non-Christians. The de-
crees still underpin the Doctrine of Dis-
covery, a legal concept that lends Europe-
an countries sovereignty and title to lands
claimed during the Age of Discovery. The
CCCB rejected the concept in 2017, but a
papal revocation would hold greater
meaning.
“The Vatican caused a lot of our prob-
lems today because of the papal bull and
Doctrine of Discovery,” Deacon Nahanee
said. “The Pope should renounce it.”
Over its 2,000-year history, the Catholic
Church has weathered war, pestilence, fas-
cism and famine by adhering to ancient
doctrine. Change comes slowly, Ms. McDo-
nald said. Born into a Catholic family, she
left the church when she was young.
“I don’t know how to say it nice, but the
church was too white for me,” she said.
“I’m a Mohawk woman in a Mohawk com-
munity. The priests they sent here were
white and older and didn’t bother to un-
derstand our culture.”
Twenty years ago, she returned, per-
suaded by the growing diversity among
the clergy and the introduction of Mo-
hawk traditions and rituals such as
smudging and drumming in church ser-
vices. “It is definitely evolving,” she said,
“which has been a long time coming.”
A4 WAR IN UKRAINE
Canada to impose sanctions
on 160 more Russian officials
World leaders gather
at emergency summit,
agree to send more
military equipment
to Ukraine among
other measures
EMMA GRANEY BRUSSELS
World leaders have agreed to
send more military equipment to
Ukraine, swell NATO ranks along
Europe’s eastern flank and sup-
port the gathering of evidence of
war crimes, as Western allies con-
tinue ramping up sanctions to in-
crease the pressure on Moscow.
Members of the North Atlantic
Treaty Organization agreed to
the measures on Thursday at an
emergency meeting under heavy
security in Brussels – part of an
unprecedented triple summit of
the Western military alliance, the
Group of Seven countries and the
European Union.
Pledging to present a united
front in the face of Russia’s ag-
gression in Ukraine, NATO also
called on Russia to implement an
immediate ceasefire.
Prime Minister Justin Trudeau
said Canada will impose new eco-
nomic sanctions against another
160 members of the Russian Fed-
eration Council.
Washington also announced a
new series of sanctions against
Russia, and a fresh US$1-billion
humanitarian aid package for
Ukraine.
Mr. Trudeau told media Thurs-
day that Canada would keep its
sanctions in place “as long as it
takes – many more months,
more years if that’s what’s neces-
sary.”
“On top of that, we are also
committed to steadily increasing
sanctions,” he said.
With the ruble crashing and
the Russian stock market strug-
Ukrainian immigration plan creates two-tiered system: opposition
MICHELLE CARBERT OTTAWA
Opposition parties says the Lib-
eral government’s streamlined
immigration program for Ukrai-
nians creates a two-tiered, racial-
ized system that prioritizes Uk-
rainian immigrants over refu-
gees from other conflict zones,
including Afghanistan.
Immigration Minister Sean
Fraser appeared before the
House of Commons immigration
committee Thursday, where he
faced questions about the differ-
ences between the government’s
new special program and its ded-
icated refugee resettlement ini-
tiatives.
During the meeting, Conser-
vative committee member Brad
Redekopp accused the govern-
ment of prioritizing Ukrainian
immigrants over Afghan refu-
gees.
“Under your watch, it seems
like you’ve set up a racialized
system, a two-tiered system,
where white Europeans come in
faster than people from Afghan-
istan. How do you explain that?”
Mr. Redekopp asked the minis-
ter.
Mr. Fraser rejected Mr. Rede-
War: ‘They are fighting day and night and everything is burning,’ Irpin resident says
FROM A1
In particular, by preventing Rus-
sian troops from capturing Irpin,
a suburban town about 20 kilo-
metres from the centre of Kyiv,
Ukraine showed that its strategy
of sending small units out from
the capital to engage the Rus-
sians, often in ambushes, has had
success, at least for now.
Western governments have is-
sued cautiously optimistic assess-
ments of the counteroffensive. In
an intelligence report released
Wednesday, the British Ministry
of Defence said the Ukrainian
moves were “increasing pres-
sure” on the Russians to the east
of Kyiv, and that Ukrainian sol-
diers “have probably retaken Ma-
kariv” and another small town di-
rectly north of the capital.
While noting the inconclusive
state of the battle, the report
raised what it called a “realistic
possibility” that the Ukrainian
counteroffensive could succeed
in encircling and cutting the sup-
ply lines of the Russian invasion
force in the area, in what would
A man walks past a burning warehouse hit by Russian shelling in the suburbs of Kyiv Thursday. Pledging a
united front, NATO has called on Russia to implement an immediate ceasefire. FADEL SENNA/AFP VIA GETTY IMAGES
gling, he said, “people are seeing
real pain across Russia from this
economic reality,” Mr. Trudeau
said.
“Over the coming months as
[sanctions] continue, that pain
will only get harder and harder
and harder for the Russian econ-
omy to bear. And there is one
person – and one person only –
who is responsible for that. And
that is Vladimir Putin.”
Canada will also prohibit the
export of specific technologies to
Russia in a bid to undermine and
erode Moscow’s military capabil-
ities, and allocate the remaining
$50-million of the country’s con-
tribution for humanitarian aid to
Ukraine and neighbouring coun-
tries through various programs,
including the World Health Orga-
nization and the United Nations
Refugee Agency.
kopp’s claim, saying the situa-
tion in Ukraine demands a differ-
ent response. He noted that
Ukrainians can find their way to
other Western countries for
Canadian processing and bio-
metrics screening more easily
than Afghans.
“It has more to do with their
ability to leave Ukraine, com-
pared to … those who don’t have
that ability to leave Afghanistan,
than it does a decision by the
federal government to be more
kind to one group of people than
another,” Mr. Fraser said.
He added that the govern-
ment opted to offer streamlined
immigration measures to Ukrai-
nians, rather than a dedicated
refugee program, because Eu-
ropean counterparts and the Uk-
rainian Canadian community
have indicated that most Ukrai-
nians who come to Canada will
want to eventually return home.
This is not the case with people
coming from Afghanistan, he
said, hence the need for a refu-
gee program.
“With respect to Afghanistan,
I wish the circumstances were
the same. I don’t have the same
hope that it will be safe for the
people that we are welcoming
be a clear tactical victory for Uk-
raine. At the least, it said, “the
successful counter attacks by Uk-
raine will disrupt the ability of
Russian forces to reorganize and
resume their own offensive to-
ward Kyiv.”
In the counteroffensive
around Kyiv, the Ukrainian mili-
tary ordered lower-level com-
manders to devise strategies for
striking back in ways appropriate
to their local areas. In many cases,
this involved sending small units
of infantry on reconnaissance
missions to find and engage Rus-
sian forces that had fanned out
into villages near Kyiv, a soldier
on one such mission said over the
weekend.
In the battles to the northwest
of the capital, time is probably on
Ukraine’s side, analysts say.
Russian columns have run low
on fuel and ammunition, inter-
cepted radio transmissions sug-
gest. Soldiers have been sleeping
in vehicles for a month, in freez-
ing weather.
And military analysts see this
axis of the Russian advance – al-
The U.S. said it would also take
in 100,000 refugees fleeing the
war, but Mr. Trudeau made no
such promises.
A joint statement by G7 lead-
ers, meanwhile, welcomed the
investigations by various bodies,
including the International Crim-
inal Court, saying they supported
gathering evidence of war
crimes.
In a virtual address to NATO
on Thursday, Ukrainian Presi-
dent Volodymyr Zelensky stop-
ped short of issuing his usual re-
quest for a no-fly zone. But he hit
out at the military alliance for
not doing more to help his coun-
try defend itself against the Rus-
sians and appealed for “unlimit-
ed military support.”
“You have at least 20,000
tanks. Ukraine asks for 1 per cent,
1 per cent of all your tanks. Please
permanently as refugees to re-
turn home one day, despite their
potential desire to do so, and
that’s allowed us to create differ-
ence responses for the unique
circumstances.”
More than 10,000
Ukrainians have arrived
in Canada since Jan. 1.
Most travelled to Canada
under their own devices
before the government
announced the
special immigration
measures last week,
Immigration Minister
Sean Fraser said.
Jenny Kwan, NDP immigration
critic, also said the government
has made it easier for Ukrainians
compared with refugees from
other countries. She noted what
witnesses have told the commit-
tee regarding the discrepancy.
“They all said that they sup-
port the special measures for Uk-
raine, but what they’re con-
cerned about is that it’s not be-
ing applied elsewhere. All the
though it came the closest to the
centre of Kyiv – as the most trou-
bled by logistical failures and set-
backs in combat.
Still, without knowing now
which army is actually advancing
in the contested towns and villag-
es, the war here is in a state of un-
certainty, said Michael Kofman,
director of Russia studies at CNA,
a research institute in Arlington,
Va.
More broadly, throughout the
country, time is also on Ukraine’s
side in at least stalling the initial
Russian invasion force. But this
may shift. An initial upswelling of
patriotism could wane as the
war’s grim reality sets in or as ci-
vilians begin to grasp Ukraine’s
military losses, about which little
is known.
“Our understanding of where
we are now in this war is very in-
complete, and we have to be hon-
est about this,” Mr. Kofman said.
“If you don’t know who controls
what, you don’t know who has
the momentum on the ground.”
By Thursday, the intensive
fighting had set so many fires in
O T H E G LO B E A N D M A I L
give them to us or sell them to us.
But we, so far, have not heard a
clear response. We just want to
save our people, to survive, just
to survive,” Mr. Zelensky said.
Asked what – if anything – Ot-
tawa will do to meet those re-
quests, Mr. Trudeau said Canada
is figuring out what it can send.
“We’re also committing to
looking at procuring that equip-
ment directly for the Ukrainians
in other ways by working with al-
lies and making investments
necessary,” he said.
Speaking after the NATO meet-
ing, U.S. President Joe Biden said
the most effective tool to end
Russia’s war against Ukraine will
be keeping NATO and European
allies united and punishing those
countries that defy sanctions
against Russia. He also said that
Russia should be expelled from
witnesses agree that government
should extend those special im-
migration measures to other re-
gions also experiencing conflict,
such as Afghanistan, Yemen,
Hong Kong, et cetera,” Ms. Kwan
said during the committee meet-
ing.
Mr. Fraser said he wants to see
the impact of the special mea-
sures for Ukrainians first before
considering any similar stream-
lined programs.
Last year, the government
committed to resettling 40,000
refugees from Afghanistan, and
so far more than 9,500 have ar-
rived in Canada since August.
Much like the Liberal govern-
ment’s Syrian refugee resettle-
ment program, Afghan refugees
have access to federal services
and the Resettlement Assistance
Program.
More than 10,000 Ukrainians
have arrived in Canada since Jan.
1. Most travelled to Canada un-
der their own devices before the
government announced the spe-
cial immigration measures last
week, Mr. Fraser said.
The Canada-Ukraine Autho-
rization for Emergency Travel
eliminates most of the normal
visa requirements and allows
towns around Kyiv that the city
was shrouded in an eerie, white
haze of smoke. But signs of actual
on-the-ground progress were elu-
sive. Ukrainian forces have been
unable to demonstrate they con-
trol villages or towns previously
held by the Russian army.
“They are fighting day and
night and everything is burning,”
said Olha, 33, a salesperson who
escaped from Irpin on Wednes-
day evening, and who was not
comfortable providing her full
name. She was interviewed at an
aid station for displaced civilians
where a continuous, cacoph-
onous rumble of explosions
could be heard from the fighting
nearby.
Earlier Wednesday, Kyiv Mayor
Vitaly Klitschko told a news con-
ference that Ukrainian forces had
in fact pushed back Russian
troops and that “almost the
whole of Irpin is in Ukrainian
hands.” Other Ukrainian and
Western officials have also of-
fered more optimistic accounts
than could be verified from wit-
nesses.
| F R I DAY , M A RC H 2 5 , 2 0 2 2
the Group of 20 nations.
NATO’s agreement to stage
more troops will mean thou-
sands more boots on the ground
in Bulgaria, Hungary, Romania
and Slovakia, and additional an-
ti-tank and aircraft defence sys-
tems for Ukraine. The country
will also receive more drones,
said NATO Secretary-General
Jens Stoltenberg, “which are
proving highly effective” in its
defence against Russia.
Member countries also agreed
to work with the EU to support
other nations at risk from Rus-
sian threats, including Georgia in
the Caucasus and Bosnia and
Herzegovina in the Balkans.
NATO’s long-term defence
plans are also changing, Mr. Stol-
tenberg told media Thursday.
“But security doesn’t come for
free, and doing more will cost
more,” he said.
He added that NATO member
states will submit additional
spending plans for the next sum-
mit, earmarked for June in Ma-
drid.
Mr. Trudeau would not say if,
or by how much, Canada might
increase its military spending in
the coming months and years,
saying only the federal govern-
ment will “look at how we’ll con-
tinue to step up.”
A recent poll by Nanos Re-
search found that Canadians
marginally support spending
more money on defence to meet
the challenges posed by the war
in Ukraine rather than spending
money on social programs. The
hybrid telephone and online sur-
vey of 1000 people, conducted
between March 18 to 20, found 45
per cent of those polled favour
an increase in defence spending
while 39 per cent would like to
see money devoted to social
spending. And, 16 per cent of
Canadians were unsure.
With a report from Robert Fife in
Ottawa and Reuters
Ukrainians to stay in Canada for
up to three years if they pass a
background check and security
screening.
The measures are offered
through the immigration
stream; as a result, Ukrainians
are not considered refugees and
will not have access to the same
support.
The Ukrainian Canadian Con-
gress recently called on the fed-
eral government to implement
departure and arrival plans to as-
sist Ukrainians with travel to
Canada, provide financial sup-
port for a transitional period and
encourage provincial govern-
ments to recruit and sponsor dis-
placed people. The UCC is also
urging the government to pro-
vide funding for settlement
agencies, which could help Uk-
rainians co-ordinate transport,
housing and health care and as-
sist with work permit applica-
tions.
The government is in the
process of setting up a family re-
unification program that would
allow relatives in Canada to
sponsor family members from
Ukraine to move here perma-
nently. Details are expected in
the coming weeks.
Irpin Deputy Police Chief Ole-
ksandr Bogai said Russian sol-
diers were still in the town, occu-
pying several districts and fight-
ing Ukrainian forces.
In one sign that the counterof-
fensive has pushed into areas pre-
viously controlled by Russian
troops, a Ukrainian unit that re-
trieves military dead from the
battlefield has now also been
finding the bodies of Russian sol-
diers in the towns around Kyiv,
according to Serhiy Lysenko, the
unit’s commander.
He declined to say in which
towns he had been working. For
now, he said in a telephone inter-
view, they are leaving the Russian
dead in place, not wanting to take
additional risks to retrieve them.
Mr. Kofman, from the CNA re-
search institute, said, “It’s clear
Russia cannot achieve its initial
political objectives in this war
now.” He said Russia must shift its
goals or alter its military strategy
“if it wants to sustain this war on
scale beyond the coming weeks.”
NEW YORK TIMES NEWS SERVICE
F R I DAY, MA RC H 2 5 , 2 0 2 2
Russia faces a demographic disaster. Putin made it far worse
The President has
admitted his country’s
population decline
‘haunts’ him – yet his
invasion of Ukraine has
killed thousands, and led
countless more to flee
JOHN
IBBITSON
OPINION
R
ussia lost a million people
last year to a combination
of COVID-19 and vodka. By
choosing to invade Ukraine, Rus-
sian dictator Vladimir Putin has
made his country’s demographic
disaster even worse.
Russia’s natural population
(counting births and deaths, but
not migration) fell by 997,000 be-
tween October, 2020, and Sep-
tember, 2021, according to
demographer Alexey Raksha. He
attributes most of the deaths to
COVID-19: With only about half
of its population vaccinated, Rus-
sia has lost an estimated 750,000
Activate your complimentary access today
at tgam.ca/activate
| T H E G LO B E A N D M A I L O
people to the disease, according
to Reuters, out of a population of
145 million.
But other forces are at work as
well. Alcoholism, smoking and
other life-limiting habits are
chronic.
“The problem is with men,”
says Jeff Sahadeo, a professor at
Carleton University’s Institute of
European, Russian and Eurasian
Studies.
Twenty-five per cent of all Rus-
sian men die before the age of 55,
compared with 7 per cent in the
United Kingdom, with alcohol
the principal cause.
A strengthening economy and
improved social services alleviat-
ed the problem for several years.
“But they never fixed the under-
lying problem,” said Prof. Saha-
deo, “and now with COVID and
Ukraine, things are quite grim.”
And Russia faces crippling eco-
nomic sanctions because of its
decision to invade Ukraine, mak-
ing things grimmer still.
Heavy drinking and smoking
among men, along with other
forms of risky behaviour, are
deeply entrenched in Russian
life. As the Soviet Union
collapsed, state-supported indus-
tries went under, unemployment
Access to
globeandmail.com
and
is complimentary with
your print subscription.
1. Visit tgam.ca/activate
2. Enter the postal code and phone number associated with your account
3. Follow the prompts to setup your new online login
Need help? Chat with our Customer Care representatives online via contactsupport.theglobeandmail.com
skyrocketed and social services
fell apart. Substance abuse
became so rife that average life
expectancy declined by four
years, to 65, between 1985 and
2003.
Under Mr. Putin, the Russian
economy stabilized, living stan-
dards rose and life expectancy
increased to 72 years, though that
is still about a decade less than in
Western countries.
According to data cited
by Dominic Lawson in
the Times of London,
the death-to-birth ratio
of ethnic Russians is as
high as 2.5-to-1, and the
overall Russian
population is set decline
to 115 million by 2050,
from 145 million today.
Then COVID-19 lowered life ex-
pectancy in Russia by two years.
Russia has a fertility rate of 1.5,
slightly higher than Canada’s,
which is 1.4. Both countries are
well below the 2.1 children per
woman needed to sustain a coun-
try’s population. Both countries
rely on immigration to make up
for lost births.
In Russia’s case, most immi-
grants come from the Central
Asian republics, such as Tajikis-
tan and Kazakhstan. They are
mostly Muslim and not ethnical-
ly Russian, which has increased
tensions.
The war in Ukraine will ampli-
fy negative demographic trends
and suppress positive ones. Eco-
nomic sanctions can be expected
to deter immigrants from arriv-
ing.
Meanwhile, tens of thousands
of Russians appear to have fled
the country, perhaps because
they oppose the war, fear unem-
ployment or are unwilling to live
under increased censorship.
These recent migrants tend to
be young, well-educated and
highly skilled, said Norman Perei-
ra, professor emeritus of Russian
Studies at Dalhousie University.
“They’re not significant over all
in terms of numbers,” he said,
“but they’re quite significant in
terms of talent and education.”
Like other European countries,
Russia’s population is aging. Af-
ter the Second World War, the
median age was 24; today it is 40.
NEWS | A5
By 2035, it will be 44. A large num-
ber of older people in need of
health care and pensions will
strain resources.
Unless and until sanctions are
lifted, immigrants are less likely
to be available to do the work and
pay the taxes needed to support
them.
Mr. Putin has admitted the
prospect of Russia’s population
decline “haunts” him.
According to data cited by
Dominic Lawson in the Times of
London, the death-to-birth ratio
of ethnic Russians is as high as
2.5-to-1, and the overall Russian
population is set decline to 115
million by 2050, from 145 million
today.
Mr. Lawson believes Mr. Putin
launched this war “based on a
desire to reverse the demo-
graphic collapse of ethnic Rus-
sians, by annexing a nation
thought by Putin to be full of Rus-
sians denied their true identity.”
Instead, he has only succeeded
in getting thousands of young
men killed, and caused tens of
thousands of skilled young
workers to flee the country. The
Russian dictator has worsened
the decline he sought to reverse.
The fool.
A6 | NEWS O T H E G LO B E A N D M A I L | F R I DAY , M A RC H 2 5 , 2 0 2 2

‘Time for change’: Toronto begins Design

unveiled for
new mental-health service LGBTQ
monument
Pilot program aims to be a
MARIE WOOLF OTTAWA
community-led alternative to
traditional crisis response, with
a focus on reducing harm A national LGBTQ monument –
inspired by a dramatic thunder-
cloud – is to be built in Ottawa by
NOUSHIN ZIAFATI 2025.
The winning design, featuring
a silver mirrored mosaic interior

W
hen a mental-health crisis call
comes in to 911 in certain parts
of Toronto next month, a team
typically consisting of two
people such as a harm-reduction worker
and a nurse, or an Indigenous elder and a
de-escalation expert – not police – will be
the first to respond.
The mobile unit will meet with the indi-
vidual in crisis and figure out what they
need. Response teams will then check on
the person within two days and help ar-
range further support, such as long-term
counselling, as required.
It’s all part of a new approach to crisis in-
tervention in Toronto that’s beginning
with a pilot program launching in a few
weeks.
The City of Toronto – which plans to
eventually implement the program in all
neighbourhoods – describes the effort as
a community-led, trauma-informed alter-
native to traditional crisis response, with a
focus on reducing harm and preventing
problems from arising.
“The idea is that we don’t need a law en-
forcement approach when the issue is a
mental-health crisis, a substance-abuse
crisis, that those are health issues, they’re
not criminal issues,” said Denise Andrea
Campbell, the city’s executive director of
social development, finance and adminis-
tration, who is leading the program.
“The appropriate response [is] health
supports, not enforcement officers.”
The pilot program will operate in four ar-
eas of Toronto where apprehensions under
the Mental Health Act and 911 calls for peo-
ple in crisis are the highest.
At first, calls to 911 will be funnelled to
the new community crisis support pro-
gram, but eventually, Ms. Campbell said,
mental-health crisis calls can go straight to
211 – Ontario’s community and social-ser-
vices helpline.
The new program is the product of com-
munity consultations and research into
similar models in 50 jurisdictions around
the world, Ms. Campbell said. Through that
research and community feedback, the city
decided to go with a non-police crisis re-
sponse model, she said.
A team will only call for police support if
its members are not able to de-escalate a
situation and a crisis call turns violent. But
Ms. Campbell said evidence from similar
models has shown that is hardly ever the
case.
“For example, in New York, their B-
HEARD teams, in their first six months,
they responded to 564 calls and only 6 per
cent of those calls required the assistance
of the [police],” she said.
Initially, the pilot program will launch in
northeast and downtown east parts of the
city next month. In June, two more pilots
will launch in a northwest and downtown
west area.
The city said the pilots will allow it to
influenced by a thunderhead
cloud and disco balls, was un-
veiled Thursday at an event at-
tended by Heritage Minister
Pablo Rodriguez.
The $8-million monument, de-
signed by a team including Win-
nipeg landscape architects Public
City, will include a viewing plat-
form, stage, herb garden, healing
circle and seating areas.
Visual artist Shawna Dempsey,
one of the design team members,
said the “110-per-cent queer”
Denise Andrea Campbell is leading a new crisis-intervention pilot program in Toronto, which monument was meant to be used
will be geographically based and operate in four areas of the city where apprehensions by everyone.
under the Mental Health Act are highest. NATHAN DENETTE/THE CANADIAN PRESS Mr. Rodriguez said the design
was “inclusive, innovative and
test, evaluate and revise a non-police-led kael said. thoughtful” adding that it is vital
crisis response before implementing the “Our ultimate kind of ideal goal is that to remember Canada’s history of
program on a larger scale. Citywide imple- people are able to seek and find support be- institutionalized homophobia
mentation is expected by 2025 at the latest, fore they get to a crisis. If people have got- and transphobia.
Ms. Campbell said. ten to a crisis situation, that’s already too “The concept truly expresses
Toronto police Staff Superintendent late,” he said. the monument’s objectives to
Randy Carter said the force is “very excited” “Obviously, we’re going to still have educate, memorialize, celebrate
for the new service. some crisis response. When we get there, and inspire and provides a safe
“They’re a more informed service be- our aim is that our service will be a cultur- space for both celebration and
cause it’s done through crisis workers who ally and community … appropriate re- reflection,” he said. “It will forever
have lived experience of spe- sponse that would take peo- serve as a testament to the
cial training, more extensive ple’s lived experiences and strength, courage and determina-
training than our police offi- other social determinants of tion of the LGBTQ2+ community
cers at de-escalating people Our ultimate kind of health into consideration in Canada.”
that are in crisis,” he said. and provide a warm and The monument, which will
Staff Supt. Carter noted ideal goal is that wrapped-around response.” give visitors views of Ottawa and
that Toronto police respond people are able to Andrew Pinto, a family its namesake river, is expected to
to roughly 32,000 crisis calls a seek and find physician at St. Michael’s be completed by 2025. It was de-
year where there’s no crimi- support before they Hospital in Toronto, said a signed following consultation
nality or violence involved. community-led approach to with members of the LGBTQ
In some cases, he said get to a crisis. If helping people in mental- community, including two-spirit
there’s an “anxiety that exists people have gotten health crises is “long over- Indigenous people.
and builds” when officers re- to a crisis situation, due” and has the potential to The monument will be paid for
spond to those calls. that’s already too save lives. by the LGBT Purge Fund with
The new service will allow Dr. Pinto said it could lead money from the settlement of a
police resources to be used late. to more support for those class-action lawsuit against the
for other matters, Staff Supt. who live with mental-health Canadian government following
LIBEN GEBREMIKAEL
Carter said. TAIBU COMMUNITY HEALTH concerns and could prevent systematic discrimination
“There’s many other CENTRE EXECUTIVE cases where they are harming against lesbian, gay, bisexual and
things to do, both in a pro-ac- DIRECTOR themselves or others. In the transgender members of the
tive and reactive way … to long term, he said it can help Canadian Armed Forces, RCMP
make sure that people are feeling safe,” he people engage with health and social care. and federal public service.
said. Since police won’t be going to confront
The TAIBU Community Health Centre, someone who’s in a mental-health crisis, THE CANADIAN PRESS
which delivers programs and services for the risk of “police committing violence and
Black communities across the Greater To- actually killing somebody” could also be
ronto Area, will be responsible for leading reduced, he said.
the northeast pilot of the new program. “I think that this type of approach can ONTARIO DEDICATING FUNDS
Executive director Liben Gebremikael make a difference for folks. And I think that TO ADDRESS RESIDENTIAL
said the centre is in the process of hiring for a really rigorous evaluation will help con- SCHOOL TRAUMA
the program, noting that the region’s mo- firm [that],” Dr. Pinto said.
bile crisis team will be made up of individu- TAIBU’s Mr. Gebremikael agreed, saying
als with lived experience around mental- the new service is “a long time coming.” TORONTO Ontario is dedicating
health and addiction issues, anti-Black rac- “The painful experience of incidents like $800,000 to Indigenous health
ism, Indigenous-specific racism or other the [murder of] George Floyd … has care teams to help people
kinds of discrimination. brought this a little bit faster … but at least experiencing trauma as a result
Those team members will be able to we are here today, the city has really of the residential school sys-
“connect to people in a better way” given stepped up, and this is the time to really test tem.
their lived experience and will work to this.” The government says the
build trust with community members to money will go to eight Indige-
provide early interventions, Mr. Gebremi- THE CANADIAN PRESS nous Primary Health Care
Council member organizations
to enhance the delivery of
culture-based mental-health

Canada needs to design buildings that and addictions care.

will shrink its disaster credit card balance
KEITH PORTER
OPINION
PE, PhD, chief engineer, Toronto-based
Institute for Catastrophic Loss Reduction
middle road balancing upfront cost with
long-term risk reduction.
Must we continue to accept this false di-
chotomy? In research for the U.S. Federal
Emergency Management Agency and oth-
ers, my colleagues and I found simple
methods to design resilient buildings that
cost 1 per cent more initially but avoid fu-
The funding could be used
to hire mental-health special-
ists, such as psychiatrists, social
workers and wellness workers,
or for training and education,
the lowest sticker price but much higher or to develop models of tradi-
maintenance costs. Or like selling coffee in tional healing such as sweat
single-use paper cups instead of metal lodge ceremonies.
travel mugs. Indigenous Affairs Minister
We could do better. Moore, Okla., did. So Greg Rickford says it will help
did Florida after Hurricane Andrew in 1992. provide much-needed support
The state leaped ahead of U.S. building for residential school survivors,
codes with its own stricter code. The Insur- their families and community

W
e can design new buildings to
survive disasters. But we don’t.
In December, 2021, a torna-
do cut a 270-kilometre path
through Kentucky, killing 58 people. It led
University of Florida’s David Prevatt to
write a Washington Post article reminding
Americans that new buildings in tornado
country are not tornado proof but could
have been.
We could learn similar things from Can-
adian tornadoes, such as the twister that
struck Barrie, Ont., in July, 2021, or the Sep-
tember, 2018, tornadoes in the National
Capital Region. Or fires, such as in Fort
McMurray, Alta., in May, 2016, or Lytton,
B.C., in June, 2021. Or historic floods like in
British Columbia last November
Engineers know how to make new
buildings resist tornadoes without making
them resemble bunkers. The community
of Moore, Okla., proved that. After three fa-
tal tornadoes in 15 years, city officials de-
cided that national building codes did not
protect them so they opted to protect
themselves. They enacted an ordinance
making new buildings resist all but the
most severe tornadoes. It added about 1
per cent to the construction cost of new
houses. Despite dire warnings, researchers
found no impact on home prices or devel-
opment.
We could also design earthquake-resil-
ient buildings but do not. Why? Because of
a false choice between two extreme design
philosophies: either build impossibly ex-
pensive earthquake-proof buildings, or ac-
cept inexpensive ones and damage short
of collapse. The choice ignores the resilient
ture losses many times greater.
Engineers could have used these ideas
long ago. The buildings that now cost us so
much in disasters could have been much
more resilient and cost less in the long run.
Had it taken that middle road, the U.S.
would not now be losing US$100-billion
annually to disasters. That is 8 per cent of
the US$1.3-trillion in annual new construc-
tion, or one month of construction cost a
year of new building.
Those losses grow 6 per cent annually,
10 times faster than the population, like a
credit card bill when you always buy more
than you repay every month. The U.S. cred-
it card balance of disaster liability now
exceeds US$2-trillion. Canada’s buildings
resemble those in the U.S., so our propor-
tional balance probably surpasses $250-
billion.
Our bill will inevitably come due in epi-
sodes of multibillion-dollar catastrophes,
as in B.C. last fall.
How do we fix the problem? We could
add sewer backflow valves, replace vinyl
with non-combustible siding in the wil-
dland-urban interface, and use impact-re-
sistant asphalt shingle roofs in hail coun-
try. Catastrophe risk professionals offer
long lists of sometimes-cheap, sometimes-
costly solutions to problems in the build-
ings we already have.
Building codes created those problems,
partly through their performance objec-
tives – that is, their goals for what they will
or will not require. Codes aim for safe and
maximally affordable buildings, ignoring
long-term ownership cost. We build cheap-
ly but not efficiently, like building cars with
ance Institute for Business and Home Safe- members. THE CANADIAN PRESS
ty developed a voluntary standard called
Fortified that avoids future losses and may
more than pay for itself in higher resale
value. Some institutional owners build PROVINCE TO INCREASE
new structures 50-per-cent stronger and FINES FOR ‘UNETHICAL’
stiffer than required because it makes CONDO DEVELOPMENTS
good business sense.
The climate crisis is forcing major
changes to Canadian codes. It offers a rare TORONTO Ontario plans to in-
opportunity to fix our growing disaster lia- crease fines and other penalties
bility at the same time, in something like for “unethical” condo devel-
three steps: opment practices.
Enact a building code objective to min- Government and Consumer
imize society’s total ownership cost of new Services Minister Ross Romano
buildings. The Canadian Commission on says the proposed new regu-
Building and Fire Codes could formalize lations are set to take effect in 30
such a principle in the National Building days and be retroactive to the
Code of Canada. date of Thursday’s announce-
Require that at least some code- ment.
change requests be accompanied by esti- The regulations would double
mates of added construction cost and ben- fines for corporations and indi-
efits in terms of reduced energy use, future viduals who cancel preconstruc-
repair costs, improved health and life safe- tion projects and then increase
ty outcomes, and other economic effects the price of their units.
whose monetary value can be reasonably They would also remove
estimated. limits on fines for repeat offend-
Limit code committees’ freedom to ers and introduce the potential
reject cost-effective code-change requests. for developers who engage in
Such changes will eventually shrink such practices to lose licences
Canada’s disaster credit card balance. for two years.
While it rethinks energy efficiency, Canada Mr. Romano says past offenc-
can rethink the false economy of “least- es would be considered when
first-cost” construction. We can make assessing “unethical behaviour”
buildings more sustainable and cost less in and determining penalties, and
the long run. the Home Construction Regu-
With a wiser code, we can have better latory Authority would be able
buildings for ourselves, our neighbours, to launch investigations without
our children and all future Canadians. complaint. THE CANADIAN PRESS
F R I DAY, MA RC H 2 5 , 2 0 2 2
Indian medical students fleeing war face uncertain future
Approximately 20,000
of them were living in
Ukraine before Russia
invaded – now, many
aspiring doctors don’t
know where to go next
NEHA BHATT NEW DELHI
S
hahzada Manzoor watched
Russia’s invasion of Ukraine
from thousands of miles
away, at her home in the northern
Indian city of Srinagar. She anx-
iously waited by her phone for
news from her daughter Idfar, a
medical student at Ukraine’s Su-
my State University, who had
spent days hiding in a bunker
with hundreds of other interna-
tional students caught up in the
war.
“We were so tense … My daugh-
ter always wanted to be a heart
surgeon. We couldn’t afford the
private medical college fee in In-
dia, so we sent her to Ukraine. We
put all our savings into her educa-
tion,” Ms. Mazoor said.
After a gruelling journey over
Ukraine’s border with Poland, Id-
far finally made it back to India
last week. But her worries have
only deepened since she return-
ed. Her classes have been sus-
pended because of the war, and
now the fate of her education is
uncertain. She wonders if she will
be able to complete her six-year
medical degree.
“I have just three semesters
left,” the 23-year-old said. “I am
very concerned about what is go-
ing to happen. The National Med-
ical Council in India has asked us
to wait for an advisory before we
take the next step.”
India has evacuated a majority
of the roughly 22,500 Indian na-
tionals who were living in Ukraine
before the war. About 20,000 of
them are students, most of them
aspiring doctors. Indians made up
nearly a quarter of the interna-
tional students in the country.
Along with Russia, the Philip-
| T H E G LO B E A N D M A I L O
An Indian student, who
was studying at Sumy
State University in
Ukraine until he had to
flee, hugs his mother
upon arrival at the Indira
Gandhi International
Airport in New Delhi.
The cost for a medical
degree in Ukraine is
about a quarter of what
it can cost to attend a
private college in India.
ALTAF QADRI/
ASSOCIATED PRESS
If it matters to Canadian leaders,
it’s in Report on Business.
Report on Business magazine uncovers the stories that are
shaping our nation’s economy and impacting your most important
decisions, from bold new strategies to industry developments
and emerging companies—all from a Canadian perspective.
Available free for print and digital subscribers. Download the latest issue
or catch up on previous ones at tgam.ca/ROBMagazine
pines and China, Ukraine fills a
crucial gap for Indian students
who do not qualify for subsidized
seats in the Indian government’s
medical colleges and cannot af-
ford private medical education in
India.
About 1.6 million students ap-
plied to take India’s nationwide
premedical entrance examin-
ation in 2021. But India has only
90,825 seats in 605 public and pri-
vate medical colleges. A medical
degree from a private college can
cost about US$130,000. In Uk-
raine, the cost is about a quarter of
that.
Lakshmana Rao, from the city
of Kakinada, in India’s southern
state of Andhra Pradesh, was also
lured by Ukraine’s low-cost med-
ical education. Until the war
broke out, he attended Zapo-
rizhzhia State Medical University.
An 80-hour journey through
Hungary brought him home to In-
dia last week.
He, too, is unsure whether he
will be able to complete his educa-
tion. He fears he may never return
to Ukraine. “My parents are afraid
to send me back, even if the situa-
WAR IN UKRAINE
tion becomes better. After what
we have gone through, they want
me to shift to a safer country,” he
said.
Though they feel lucky to have
escaped the war, Indian students
who spoke with The Globe are in
despair over the ambiguity that
now surrounds their Ukrainian
degrees. Many have sought coun-
selling. Some Ukrainian universi-
ties have resumed classes online,
but the students said their cours-
es will not be considered com-
plete without in-person clinical
study.
Groups of students are holding
protests in an attempt to convince
India’s central and state govern-
ments to allow them to continue
their studies at Indian medical
colleges.
“We need an approach like hu-
manitarian aid. This is an excep-
tional scenario. We need to take
exceptional steps. It’s a question
of our future,” said Megavardhini
Dhanasekaran, 22, a fourth-year
medical student who studies in
Kyiv and is now staying with her
parents in Thanjavur, in the
southern state of Tamil Nadu.
STRATEGIST
AJAY VIRMAN
CARGOJET I
ABSOLUTE SOFTWA
of the
FOR 2020, TH
ERE
ARE 4.1 MILLIO
THEM —DED N OF
PEOPLE LIK ICATED
JULIE YOO WHE
RUN THE SM O
BUSINESSES ALL
DRIVING OU
ECONOMY R
DURING THE
PANDEMIC
DECEMBER 2020
A7
“We have taken heavy educa-
tion loans. We hear other East Eu-
ropean countries are offering to
let us transfer there. But can we af-
ford it?”
The evacuation of students
from Ukraine has stirred up pub-
lic debate in India about why so
many Indian medical aspirants go
overseas to pursue degrees that
are not recognized at home.
(Medical graduates from some
foreign countries, including Uk-
raine, have to pass India’s Foreign
Medical Graduates Examination
in order to obtain nationally rec-
ognized medical licences.)
“It shows how poor our health
infrastructure is in terms of im-
parting medical education, as we
are not able to cater to those who
want to study medicine,” said
Shankul Dwivedi, national joint
secretary of the Indian Medical
Association-Junior Doctors’ Net-
work, which is supporting stu-
dents who fled Ukraine. “But ac-
commodating them in Indian
government colleges, as they are
requesting, may not be feasible
because existing colleges are al-
ready overburdened, and it
wouldn’t be fair to those who got
in on merit.”
Responding to the medical
school shortfall in India, Prime
Minister Narendra Modi an-
nounced earlier this month that
50 per cent of seats in private med-
ical colleges will be subsidized by
the government. Other politic-
ians in the country have also be-
gun to promise measures aimed
at making the medical education
ecosystem more robust.
But for students like Anshul
Bhardwaj, 23, who studies in Kyiv
and is now back home in Patna, in
the eastern state of Bihar, it might
be too little, too late. Like all his
classmates, he is despondent, and
desperate for measures that will
help him resume classes.
“We are asking for some space
for us – offer extra batches for the
evacuated students. We are vic-
tims of war,” he said. “Okay, we are
alive, but we lost our dreams.”
Special to The Globe and Mail
CANADA’S BEST
NEWCOMER
CHRISTY WYATT INNOVATOR
MURAD AL-KATI GLOBAL VISIONA
RE
AGT FOODS B SEAN BOYD RY CORPORATE
AGNICO EAGLE CITIZEN
MINES DAVE MCKAY
RBC
THE MAGAZ
INE FOR LEADE
RS
A8 | NEWS
Court casts doubt on steeper sentence for mass killings
Appeal for convicted
2017 Quebec mosque
killer took up the issue
of cruel and unusual
punishment in regard to
whole-life prison terms
SEAN FINE
JUSTICE WRITER
Supreme Court Chief Justice Ri-
chard Wagner called the puni-
shment of life without parole for
mass killers “a death sentence by
incarceration” at a hearing on
Thursday, and expressed doubt
that it is acceptable and lawful in
Canada.
The court was hearing a sen-
tencing appeal involving the
hate-motivated murder of six
Muslim worshippers at a Quebec
City mosque in 2017. The issue is
whether whole-life prison terms
are by their nature cruel and un-
usual punishment, and therefore
unconstitutional, much as
torture or the lash would be.
Under a 2011 law – a major
criminal-justice change in Ste-
phen Harper’s 10 years as prime
minister – Alexandre Bisson-
nette, the convicted mosque kill-
er, could have faced a maximum
wait of 150 years, or 25 years for
each victim, before his first
chance at parole. The Quebec
Court of Appeal struck down the
law, and ruled that Mr. Bisson-
nette would be eligible for parole
in 25 years.
Quebec prosecutors are asking
for a 50-year ineligibility period,
after initially seeking 150 years.
They appealed the lower-court
ruling to the Supreme Court. Four
provinces and the federal justice
department are also asking the
court to uphold life without pa-
role.
The court reserved judgment
and is expected to take several
months to deliberate.
Chief Justice Wagner, while he
has at times been noticeably
tough on crime, has also written
liberal rulings defending the im-
Supreme Court Chief Justice Richard Wagner has raised questions about rehabilitation and whether entire-life
sentences fit the fundamental values of Canada’s criminal-justice system. ADRIAN WYLD/THE CANADIAN PRESS
portance of rehabilitation and ex-
panding the right to bail. He is a
bellwether for the court on crimi-
nal law. While acknowledging the
horrors of Mr. Bissonnette’s crime
of hate and Islamophobia, he
questioned – as did others – the
necessity for the law, given that
first-degree murder already
brought a mandatory life sen-
tence, with no possibility of pa-
role for 25 years.
“What is missing?” he asked.
“We already have a life sentence.
Is there any more severe sentence
than a life sentence?”
He and other judges also ques-
tioned the disappearance of reha-
bilitation, and whether whole-life
sentences fit with the fundamen-
tal values of Canada’s criminal-
justice system.
When a lawyer for Quebec’s
prosecution service said that Mr.
Bissonnette, who was 27 when he
committed the mass killings,
would be eligible for a kind of re-
habilitation at 77 if given a 50-
year parole ineligibility period,
Chief Justice Wagner scoffed.
Long-term offenders tend to die
at around 60, he said. Mr. Bisson-
nette’s lawyer, Charles-Olivier
Gosselin, called it “delusional” to
think rehabilitation can happen
after 50 years.
Much of the criminal-law agen-
da of Mr. Harper’s Conservative
government (2006-15) has been
struck down or softened by the
Supreme Court. Making impover-
ished offenders pay a surcharge
for criminal offences was de-
clared cruel and unusual puni-
shment by a 7-2 count in 2018. A
mandatory minimum sentence
of three years for illegal gun pos-
session was ruled cruel and un-
usual by 6-3 in 2013. (In that case,
Chief Justice Wagner, not yet
chief, dissented, and would have
upheld it.) The court also stopped
the government from taking
away judges’ ability to routinely
give 1.5 or two days’ credit for each
day served in prison while await-
ing trial, in a 7-0 ruling in 2014.
Those cases all had to do with
government attempts to reduce
judges’ discretion over puni-
O T H E G LO B E A N D M A I L
shment. The life-without-parole
law, by contrast, gives judges dis-
cretion over the penalty, with the
proviso that they use 25-year in-
crements when they go beyond
the initial waiting period. That
discretion is what makes the
whole-life penalty constitutional,
say Quebec, the federal govern-
ment and others, including the
families of Paul Bernardo’s mur-
der victims, Leslie Mahaffy and
Kristen French, who intervened
in the case.
Still, Micah Rankin, a lawyer
for the British Columbia Attor-
ney-General, which endorses the
law, conceded that a penalty of
100 years or more would be un-
constitutional by its nature, in
surpassing the human lifespan,
thereby bringing the justice sys-
tem into disrepute. Jean-François
Paré, representing the Quebec At-
torney-General, said no judge has
ordered parole ineligibility of
more than 75 years. The law has
been used at least 18 times. Justin
Bourque, who murdered three
Mounties in New Brunswick at
| F R I DAY , M A RC H 2 5 , 2 0 2 2
age 24, would be eligible for pa-
role if he lives to 99.
Not every judge saw the sen-
tencing law for mass killers the
way Chief Justice Wagner ap-
peared to.
“What’s magic about 25 years?”
Justice Russell Brown asked.
While he was on Alberta’s appeal
court, Justice Brown was part of a
unanimous ruling that allowed
the extradition of a terrorism sus-
pect to face life without parole in
the United States.
More than 50,000 people are
serving life without parole in the
U.S., and the death penalty is still
on the books for 27 states, the fed-
eral government and the military.
When Canada abolished capital
punishment in 1976, it created a
mandatory life penalty with first
eligibility for full parole after 25
years, and a chance to seek early
parole after 15 years.
Justice Michael Moldaver con-
trasted a depressed mother who
kills her children then tries and
fails to kill herself with hate-moti-
vated killings.
“I would have thought there is
a basis for Parliament to say as
long as it is proportionate, you
know what, judge, you can in-
crease it up to five years for each
one, to a max of x, whether it’s 40
years or whatever, that’s within
your discretion. Is there some-
thing wrong with that? Is that au-
tomatically unconstitutional?”
Erin Dann, a lawyer for the
Queen’s Prison Law Clinic, inter-
vening in the case, replied: “It
may well be that some offenders
are so morally culpable that no
punishment would be propor-
tionate to the harm done. … The
question is what can the state do
without betraying its values and
its commitment to human digni-
ty.”
Danielle Robitaille, represent-
ing the B.C. Civil Liberties Associ-
ation, also an intervenor, said the
whole-life penalty offers “a kind
of proportionality closer to the
barbarism of an eye for an eye
than the well-settled principles of
our sentencing law encompass-
ing rehabilitation, totality, re-
straint.”

"*
'. ,./

+

    
  

 






  , 
      ) ,
6( /*% &*%( (8/ 541 ( 54  * 2  && (8 8 ( + % )!  % * & 8+

 / 8 &(  *  %8(&  5%8 8   5%8 (  *% *(% &
8 (
 *% *(% & ( 8 &*% , 8   * %&   %&! -& & ( 8&( &(%,
  , 8+   %  (  ( %  & ( % * %&&  *% & ( "  6% 68%!
&8 ( (8%/ 8(! '8 &   8 / (8 & * ,( ( !
- /   &*%( ( &*%++ 8% %  
- ($  2%0 &  0 2 !
 % /  *( 8 8 %*& (&!
)) 2$  % 2(  !
$2 0  ! &0
2 10! 0 !2    
 

! - &8  (& 8&( +  %&&  8& (8(

*8(8%8  & * &88( . (8/
- + 00 (     &8  % 5%8 + % (  .(  , 8/& 8 , &! 541 *% (/
(8/  8& +&( $ 220 0!$0 8  & % % &*% &!
))# %  *( 8 % (*% ( %  ,!

/$ $! !0( 20  $ 2$  %

! 0!   "0 2 !

!   0  ! 0 0 ))  !  02
2%0

   

    $ 220 0!$0

 ))#    !   1&
"-
!!.
.!1+-
Urg en t Ukra in e Appea l * %#   $   ##  #  '
 
$     -!

 #* 8 8/8 ( "
 )&  
! )&
       
    
    
         

  8& 8% / % ( 8%  *,  %,, 
%+

  #        1'-  &
'%&( 48 38&( 48 8/ 48 (8  #       (  - $ #
 ( -


8% 4! .%/ 8(

, 
 ( 
"8(*%  ,   

,, ,
"(% (
% &&

(/ %+ &(8 

 
 
 

)& ,,,
 4! 8  7 & 2$  ( %  + 8 *8(& % 541 ! /  
$ #    /#
)!
  8& &  / %  ( / 8! 0    .2 ,
F R I DAY, MA RC H 2 5 , 2 0 2 2 | T H E G LO B E A N D M A I L O NEWS | A9

Security threat Tuberculosis rates for Inuit population

fell by more than 60% in 2020, PHAC reports
related to convoy
identified in early KELLY GRANT HEALTH REPORTER Reptrted active t2serc2ltsis cases amtng Indigent2s petple in
Aanada, 2u2u
Cases per 100,000 popu/ation

February: OPP The tuberculosis rate among Inuit

in Canada fell by more than 60 per
cent between 2019 and 2020, but
80

there’s no guarantee the reduc-

60
Ontario Provincial Police head tells MPs tion is the good news it appears to
be.
that intelligence bureau was aware of threat The Public Health Agency of
prior to use of federal Emergencies Act Canada released tuberculosis sta- 40
tistics on Thursday that provide a
national snapshot of TB rates dur-
KRISTY KIRKUP OTTAWA ing the first year of the pandemic, 20
when non-COVID medical servic-
es were scaled back and the pub-
The OPP’s commissioner told a parliamentary committee lic-health workers who normally 0
Thursday that a national-security threat connected to the trace TB outbreaks were con- First Nations with Métis Inuit
blockades against pandemic restrictions was identified by sumed with the new coronavirus. Status
the province’s intelligence bureau a week before the federal That means cases of active TB T H E G LO B E A N D M A I L , S O U R C E : G OV E R N M E N T O F C A N A D A
government invoked the Emergencies Act. in Canada may have gone undiag-
Police were able to use a number of powers after the act nosed and untreated, as the World 72.2 active cases of TB per 100,000 usually lodges in the lungs, can
came into effect on Feb. 14, Ontario Provincial Police Com- Health Organization says has diagnosed in Inuit patients in cause fever, weight loss, night
missioner Thomas Carrique testified before the public safe- been the case in other countries. 2020, compared with a national sweats, fatigue and a chronic,
ty committee. In 2020, global TB death rates, case rate of 4.7 per 100,000. The sometimes bloody cough.
“This was a provincial and national emergency that gar- fuelled by pandemic-era neglect, rates were 14.3 for foreign-born Antibiotics can cure active TB
nered international attention,” he said. rose for the first time in more than residents, 13.6 for First Nations and prevent “sleeping TB” – a la-
Commissioner Carrique said the situation and associated a decade. and 2.8 for Métis. tent infection that doesn’t cause
events that simultaneously took place across Canada re- “The way people accessed Despite being 15 times higher symptoms and isn’t contagious –
quired unprecedented national collaboration to “prevent health care services [in 2020] was than the national average, the TB from turning into a symptomatic
injury, preserve life and protect critical infrastructure.” He markedly different than any time rate among Inuit in 2020 was infection.
noted that the threat to national security was identified on in the recent past because of CO- down significantly from 188.7 Latent TB is most often caught
or around Feb. 7, but he did not provide specifics on the VID,” said Faiz Ahmad Khan, a res- cases per 100,000 in 2019 and during contact-tracing investiga-
nature of that threat. pirologist and TB specialist who from a 10-year annual average of tions that commence after a sick
The Liberal government’s decision to use the act will also works in Montreal and Nunavik, 184.14 per 100,000 from 2010 to patient is diagnosed with TB. Dur-
be scrutinized by a special joint committee of MPs and the Inuit region of Northern Que- 2019. ing the pandemic, many public-
senators, a requirement of the legislation. Separately, the bec. “So we don’t know whether TB rates in Inuit communities health contact tracers were rede-
government must hold an inquiry and table reports in Par- the rates represent a true reduc- can fluctuate from year to year, ployed to chase the coronavirus.
liament within a year of the act being revoked. Details have tion in TB or a delay in diagnosis.” depending on the presence or ab- If left untreated, TB can be fatal.
not been released about who will lead this examination. What is clear is that TB rates in sence of outbreaks, because the There were 69 tuberculosis deaths
Ottawa interim police chief Steve Bell testified before the Inuit communities remained far overall number of Inuit in Canada in Canada in 2020, according to
public safety committee as well on Thursday, detailing po- higher than the national average is so small – about 65,000 in total. the Public Health Agency of Cana-
lice efforts that brought an end to more than three weeks of rate in 2020, which is why Inuit Tuberculosis rates in Inuit re- da. Fifty of those deaths were
demonstrations in the capital’s core. leaders are calling on the federal gions are in many ways a reflec- among foreign-born Canadians,
He said his service was on high alert as an organization, Liberals to devote $141-million tion of the poverty and over- another population with higher-
adding that the OPP and the RCMP helped to gather in- over the next eight years to fulfill crowded living conditions that than-average TB rates. New Cana-
telligence in the buildup to the protests and “ultimately all their promise to eliminate TB in many in those communities face, dians originally from countries
the way through the occupation and the ultimate take- Canada’s Inuit regions by 2030. according to Aluki Kotierk, the with high TB burdens sometimes
down.” Justin Trudeau’s government president of Nunavut Tunngavik arrive in Canada with no idea they
The use of the Emergencies Act was “critical” to bringing made the elimination promise in Inc., the lead Inuit organization are carrying a dormant TB infec-
to an end the “unlawful” convoy protest, he added. co-operation with national orga- for Nunavut. tion that could become active
From a policing perspective, interim chief Bell said the nization Inuit Tapiriit Kanatami, “We know that housing has an years later.
legislation provided police in Ottawa the ability to prevent or ITK. Ottawa initially commit- impact on health. We know that The public-health agency said
people from participating in the protest, to restrict people ted $27.5-million to the campaign, food, or the lack of food, has an five of the deaths were among In-
from travelling to any area where the demonstration was money that was divided among impact on health,” she said in an digenous Canadians, but didn’t
taking place and to secure protected places and critical in- Canada’s four Inuit regions: In- interview before the new data specify if any were Inuit.
frastructure. In addition, it allowed officers to create and uvialuit in the Northwest Territo- were published. “Even before the Dr. Ahmad Khan, the Montreal
maintain a secure area and remove people from it, he said. ries, Nunavik in Northern Que- pandemic, those two issues – respirologist, was one of the co-
Interim chief Bell also said the act helped officers go after bec, Nunatsiavut in northern La- housing and food insecurity – authors of a study published last
the funding of the protest and required third parties to brador and the territory of Nuna- were having a profound impact year in the Journal of Infectious
assist officers in removing heavy vehicles that were clogging vut. on tuberculosis rates.” Diseases that found fewer pa-
streets. ITK president Natan Obed and Howard Njoo, Canada’s deputy tients at three TB centres in Mon-
Earlier this month, Prime Minister Justin Trudeau’s na- Indigenous Services Minister Pat- chief public health officer, echoed treal and Toronto started treat-
tional security and intelligence adviser said the invocation ty Hajdu released a joint state- that. “We all know it’s the social ment for latent and active TB in-
of the Emergencies Act was necessary to end the trucker ment Thursday acknowledging determinants of health,” he told fections in the early months of the
protests. She also said there is “no doubt” they came to the lower TB case rate among In- The Globe and Mail Thursday. “It’s pandemic than in the pre-COVID
“overthrow the government.” uit in 2020, while warning it is too overcrowding, it’s access to health era – a signal that people were go-
“The occupation of Ottawa was dug in,” Jody Thomas early to say how the pandemic care services, it’s the legacy of co- ing undiagnosed.
told an Ottawa conference focused on defence and security. might have affected those rates. lonialism.” “For active TB,” he said, “we
“They had supply chains. They had organization. They had The new Public Health Agency Active tuberculosis infections, may be seeing people presenting
funding coming in from across Canada but also other coun- of Canada data, released to mark which are caused by a bacterium when their disease is more severe,
tries.” World TB Day, show there were that spreads through the air and and individuals will be more sick.”
On Feb. 23, Mr. Trudeau announced that the government
would end the use of the act because it had been assured
that police had sufficient tools to deal with any further
challenges. Two days earlier, NDP and Liberal MPs voted in
favour of using the act, while Conservatives and the Bloc
Québécois voted against.
Measures contained in the act included giving banks the
authority to freeze personal and corporate bank accounts
without a court order. Mr. Trudeau also said the act afforded
  

powers, such as compelling tow-truck drivers to move big
rigs out of Ottawa’s downtown core.
Federal Conservative interim leader Candice Bergen has



argued that Mr. Trudeau was wrong to invoke the Emergen-

cies Act. She said last month that Canadians want and de-
serve answers on why Mr. Trudeau decided to use this
“sledgehammer.”
NDP Leader Jagmeet Singh has said that he did not take
the use of the act lightly, adding that there are questions
about policing and a “lack of enforcement” early on that
resulted in an escalating crisis.
Interim chief Bell told the committee Thursday the pro-
test was “unlawful” and protesters brought thousands of
vehicles to the city “with the full intention of disrupting the
capital.” He said many chose to stay and were clear in words
and actions that they meant to do damage to the communi-
ty.
He said the police service received regular reports of “in-
timidating and threatening behaviour toward residents”
and there were reports of hate crimes committed and there
was a “willful disregard of police and court orders.”
Interim chief Bell said there were 230 arrests, 118 individ-
uals criminally charged and cases are still progressing in
court with multiple investigations under way.
Ottawa residents have questions about actions taken on
the part of police, he said, and he too has queries. Reviews,
such as the one being conducted by the City of Ottawa, will
be important, he added.
“We need to learn from these circumstances,” he said.
“This was an unprecedented, unseen event for any juris-
diction across Canada.”
Police chiefs across the country are watching because
they know similar situations could occur in their own area, 
he added.  

$

 !

 
 




A joint committee of MPs and senators is scrutinizing the
Liberal government’s use of the Emergencies Act to bring an
end to the trucker convoy in Ottawa. ROBERT BUMSTED/AP
A10 FOLIO O T H E G LO B E A N D M A I L | F R I DAY, M A RC H 2 5 , 2 0 2 2

STORIES THE PEOPLE WHO FEED THE UNITED STATES

ISMAIL FERDOUS, BANGLADESH, AGENCE VU’
This project allows us to see migrant workers as deeply ingrained into the fabric of
society. It’s an opportunity to see them beyond the occupations that tend to define
them. Of the many submissions about migrant experiences, the jury appreciated
these nuanced portraits for their caring and dignified representations of a too-often
invisible but crucial section of society – who suffered the brunt of the impacts of the
COVID-19 pandemic.

Jose David sits in his room with his sister, Sara Haiar. Originally from Guatemala, Jose has
been living in Sioux Falls, S.D., for the past 20 years. He worked at the Smithfield Foods
meatpacking plant for nearly 15 years until he got sick with COVID-19 in April, 2020. He was
in the hospital on a ventilator for about five months.

FROM GRIEF IN KAMLOOPS TO FURY ON

CAPITOL HILL, WORLD PRESS REGIONAL PHOTOGRAPHY
WINNERS CAPTURED HISTORY IN 2021
From capturing a moment of national reckoning to the humanity in the migrant crisis, this year’s
winners of the World Press Photo Contest were chosen from more than 65,000 photographs in 130
countries. Clare Vander Meersch, a Globe and Mail photo editor and the World Press regional jury chair
of North and Central America, offers her take on the winning photographs in her respective categories.

LONG-TERM PROJECTS
POLITICAL YEAR ZERO
LOUIE PALU, CANADA
We had many submissions of imagery from the
American insurrection of Jan. 6, 2021. The jury felt
that this project stood out as an intelligent and
insightful chronicle of events leading to that siege.
The visual rendering is almost theatrical, and at
times surreal, just like the event itself. The style is
akin to that of an unwitting eyewitness, and slows
down an otherwise chaotic, spectacle-filled event
to give room for contemplation.

Top left: An aide to Bottom left: National

House Speaker Nancy Guard soldiers rest inside
Pelosi adjusts a row of the U.S. Capitol on Jan. 7,
flags in front of a 2021. The troops were
painting of George called on after the Jan. 6
Washington at the U.S. invasion of the Capitol to
Capitol, preparing for protect lawmakers and
Democratic leaders to the complex from further
speak after the vote on attack, and remained
Dec. 18, 2019, to impeach deployed until May 24.
then-U.S. president
Donald Trump the first
time. The House
impeached the president
for abuse of power and
obstruction of Congress
for trying to get Ukraine
to investigate Joe Biden.
F R I DAY, M A RC H 2 5 , 2 0 2 2 | T H E G LO B E A N D M A I L O NEWS | A11

SINGLES KAMLOOPS
RESIDENTIAL SCHOOL
AMBER BRACKEN, CANADA
FOR THE NEW YORK TIMES
This moment of national
reckoning in the summer of
2021, with the discovery of
unmarked graves of Indigenous
children, is seared into our
collective memory. The jury
chose this image because it
summarizes the global history of
colonial oppression – one that
must be addressed to tackle the
challenges of the future – and
Canada’s commitment to Truth
and Reconciliation. It is a
high-impact image, which
artfully lines up all the elements
of perfect light, composition,
storytelling, news and legacy, all
captured in a single frame.

Red dresses hung on crosses along

a roadside in Kamloops on June
19, 2021, commemorate children
who died at the Kamloops Indian
Residential School, an institution
created to assimilate Indigenous
children, after the detection of
hundreds of unmarked graves.

OPEN FORMAT
THE FLOWER OF TIME.
GUERRERO’S
RED MOUNTAIN
YAEL MARTÍNEZ, MEXICO
This work provides a subtle
commentary on violence. By
excluding graphic images, it
allows the narrative to centre on
the Indigenous Mixtec
community of Guerrero.
He used an aesthetic achieved
by puncturing the print,
backlighting and
rephotographing it, then toning
to create a mysterious quality.
The punctures powerfully
symbolize the marks of
community’s trauma that the
photographer himself has
experienced personally. The jury
found this project to be a
dramatic story, sensitively told.

Left: Pro-vaccination Top: A Mixtec elder on the Cerro

activists wearing beaked de la Garza in Guerrero, Mexico, is
masks, similar to those seen on Dec. 31, 2020. Every year
worn by 17th-century on Dec. 31, Mixtecs climb the hill
doctors during the to perform rituals commemorating
plague, seek to draw the the end and beginning of a life
attention of spectators cycle.
around Capitol Hill to
promote the message
that refusing to be
vaccinated will prolong
the COVID-19 pandemic,
on March 25, 2021.

Left: A poppy flower in Acatepec,

Guerrero, Mexico, on Dec. 13,
2020. Extracted opium gum from
the poppy is turned into heroin in
Mexico before being transported
to the U.S. and Canada.

Left: Pro-Trump
supporters invade a U.S.
Capitol hallway, after the
building had been
breached during a protest
to overturn Joe Biden’s HONOURABLE MENTION AMID HIGH MORTALITY RATES, BLACK WOMEN TURN TO MIDWIVES
electoral victory, in SARAH REINGEWIRTZ, UNITED STATES, FOR LOS ANGELES DAILY NEWS AND SOUTHERN CALIFORNIA NEWS GROUP
Washington on Jan. 6,
2021.
This story highlights the pan- Midwife Angie Miller listens to the
demic trend toward home births heart beat of MyLin Stokes
and midwifery, but also illus- Kennedy’s baby with her wife,
trates the resilience of Black Lindsay, and their child Lennox, 21
women who have developed months, at their Fountain Valley
their own alternative to a med- home on June 29, 2021.
ical system that has, in many
ways, failed them. The jury
awarded this story because, in
its portrayal of the sensitive
relationships of trust in their
communities, it offers a glimmer
of hope against the backdrop of
high infant and maternal mor-
tality rates among Black women
and infants in North America.
A12 O T H E G LO B E A N D M A I L | F R I DAY , M A RC H 2 5 , 2 0 2 2

PHILLIP CRAWLEY

EDITORIAL PUBLISHER AND CEO

DAVID WALMSLEY
EDITOR-IN-CHIEF

The subject who is truly loyal to the chief magistrate will neither advise nor submit to arbitrary measures - Junius

How to slow
the next wave
of COVID-19
T
here is growing evidence that a new wave of the
COVID-19 pandemic is headed for our shores. You
don’t have to squint very hard to see it.
It’s there in the World Health Organization’s announce-
ment this week that BA.2, the highly contagious Omicron
subvariant, is now the planet’s dominant strain of Omicron.
BA.2 is believed to be 1.4 times more contagious than the
BA.1 Omicron virus that sent much of Canada back into
restrictions just before Christmas, and which has killed more
than 7,000 Canadians since then.
It’s there in the surges in BA.2 cases in China and Hong
Kong, and in Britain, France, Italy, Denmark and Germany.
In Canada, as province after province lifts mask mandates
and the federal government eases testing requirements for
people travelling into the country, scientists in Alberta, Onta-
rio, British Columbia and Quebec are seeing a steady increase
in the presence of both the BA.1 and BA.2 variants in waste-
water testing.
It’s also there in the fact that the BA.2 variant is now the
dominant strain in Quebec and Alberta, and could soon be
dominant in Ontario and elsewhere. It is already believed to
represent 50 per cent of all new cases in Canada.
LETTERS TO THE EDITOR
All of these things combine to form an ominous dark line
HISTORY REPEATING COUNT THE WAYS fessional understanding regard-
on the horizon, like a massive tidal wave far out on the ocean. ing political issues was itself an
If the above-mentioned factors were the only ones taken into Re After Decades Of Timidity, Can Re Moscow Can’t Be Trusted In offence to intelligence.
Canada’s Allies Still Take Us Seri- Diplomatic Talks, Joly Says Mr. Pearson sent his friend Mr.
consideration, there’d be good reason to fear for the worst. Watkins to Moscow in the 1950s
ously? (March 24): I am one of the (March 19): All my grandparents
Thankfully, there are other things at play in Canada, which few remaining veterans who paid immigrated to Canada from to explain the Soviet Union,
a price for unpreparedness in Ukraine. Russia keeps offering which he did brilliantly. Mr. Pear-
can and should protect us from being swamped.
1939. peace if Ukraine disarms. son defended another accused
One is that the current rise in waste-water signals was I served on an armed civilian Fool me once: Shame on Rus- ambassadorial mole, Herbert
largely expected by public-health officials. An increase in in- motor yacht because we went to sia. Norman, but he committed sui-
war with too few warships. It took Fool me twice: Russia agrees to cide under renewed McCarthyite
fections was inevitable after many provinces lifted capacity a few years to build corvettes and guarantee Ukrainian borders in accusations from Washington.
limits and vaccine-passport mandates in late February and obtain destroyers. In the interim, exchange for Soviet-era nuclear When secretive security officials
we scrounged whatever could weapons. alerted Mr. Pearson to a potential
early March, and international travel started to return. Those float and be armed. Fool me thrice: Russia annexes new firestorm, he prudently au-
signals will no doubt continue to mount now that mask man- Today, our newest naval frigate Crimea. thorized interviews with the by-
(and largest warship) is 26 years Fool me four times: Russia de- then retired Mr. Watkins.
dates have largely ended. in service commission. Our fine clares the independence of east- The intimation that Mr. Pear-
The various mandates were effective tools for preventing but second-hand submarines are ern Ukrainian states. son enabled or knew about the
28 years old. Our problem with jet Fool me five times: Russia in- abuse of Mr. Watkins, then, is un-
the spread of infection, but the evidence – the steady drop in fighters is well known, yet the vades Ukraine. justified.
cases, hospitalizations and deaths – was there to argue for lift- government has not even begun Fool me six times: Shame on Jeremy Kinsman
to order replacements. NATO. Former ambassador to Russia;
ing them this month. Here we go again, quite likely Dan Petryk Calgary Victoria
Still, take them away and infections inevitably increase. to be asked to support allies in a
war for which we are unprepared. To me, he was “Mr. Watkins.”
Thus, it’s still too soon to interpret the rise in waste-water sig- What a farce of offered support. EXIT MUSIC I was four years old in 1960 and
nals as a sign of real danger – and, for now, most provinces Fraser McKee living in Copenhagen. John Wat-
Commander, Royal Canadian Naval Re Inside The Ultrasecretive Exit kins was the Canadian ambassa-
continue to report a drop in hospitalizations, or only small
Reserve (ret’d); Toronto Of Nutrien’s Mayo Schmidt (Re- dor to Denmark and my father,
increases. port on Business, March 19): Russell McKinney, was counsel-
Mayo Schmidt “later led Ontario lor. He and my parents were close
Another positive factor is that Canada has just gone SOURCE OF FUNDS
utility Hydro One for three years.” friends.
through an aggressive wave of the BA.1 Omicron variant, and Whether through his own fault He was the reason there were
there is evidence that people who’ve been infected with BA.1 Re Details Scarce On New Federal or that of the Ford government, enormous jars of Russian caviar
Dental-care Plan (March 23): It is Mr. Schmidt’s departure from Hy- in our kitchen. He was the reason
are immune to BA.2. difficult to get a grasp on the con- dro One was viewed by many as a I now have a late 19th-century
The biggest plus, though, is Canada’s high rate of vaccina- sequences of the supposedly cozy political and commercial mess. Russian painting on my wall (it
arrangement between the Liber- Mr. Schmidt was a punching bag was given to my parents and
tion. Even better yet, the rate is especially high in older, vul- als and NDP. But given the track for Doug Ford during his election passed on to me). Once, he was
nerable populations. Among Canadians 80 years and older, record of these players, I fear it campaign and was dubbed the set to give me a Russian antique
will result in attention being fo- “six million dollar man.” doll, but my mother wouldn’t let
97.1 per cent have two shots and 84.5 per cent have three. For cused on making sense of dental Also, the nature of his depar- him, knowing that it would prob-
those ages 70 to 79, 96.2 per cent have two shots and 82.9 per care and pharmacare. ture caused Hydro One a US$103- ably end up broken.
Giving priority to essential million penalty in its failed He was diabetic but loved his
cent have three. things such as defence and, yes, merger with Avista, and reputa- pie. He was generous to a fault.
There is solid evidence that vaccines, while not always able pipelines may be like pulling tional harm across the industry. I remember my mother weep-
teeth. Philip Duguay Montreal ing when he died. He is buried in
to prevent infection, are highly effective at limiting the sever- Robert (Bob) McKendry Kingston his hometown of Norval, Ont. I
ity of an Omicron case in people of all ages, and at protecting Mayo Schmidt seems to bounce will go there soon to pay my re-
Re Singh Brings Integrity Back To from one CEO job after another, spects to this gentle, erudite and
against a rise in hospitalizations of the kind that could force cultured man.
Politics (March 24): I’m confident rolling off into temporary sunsets
governments to bring back public-health mandates. that Justin Trudeau and Jagmeet with multimillion-dollar exit Jane McKinney Toronto
Singh can find plenty of worthy packages such as the $13.1-mil-
But, as this page said last week, there are several million
(or not) things to spend money lion he received from Viterra in
people, including more than 800,000 over the age of 50, who FRIEND IN NEED
on over the next three years. But 2012.
are unvaccinated. And, as of last week, there were more than that is the easy part. Government should step in to
The difficult part, of which I regulate boards and start con- Re The Power Of Having A ‘Grief
1.6 million people over 60 who hadn’t gotten a booster shot, have little confidence in being ac- trolling what I see as ridiculous Buddy’ (First Person, March 18):
which is considered critical against Omicron. complished, will be policies to and immoral compensation My 49-year-old son died seven
grow the Canadian economy. packages. The concept of “star” months ago from an aggressive
As well, the country’s broader booster campaign has That way, new programs can be CEOs has outlasted its usefulness. cancer. These months have been
stalled out at 47 per cent of the total population. funded from current revenues, as Barry Bortnick Calgary a difficult road to travel.
opposed to increased taxes or ad- Recently, I attended a grief
This week, faced with a rise in BA.2 cases, and unsure of ditional debt. support group for bereaved par-
WE REMEMBER ents. It was a powerful experience
whether it amounts to a new wave of the pandemic, Quebec It would be refreshing to see
Mr. Trudeau and Mr. Singh in- to hear the stories of others who
announced it will provide fourth shots for seniors and other crease national productivity and Re The Untold Story Of How Les- were taking the same journey as
vulnerable groups starting next week. growth at any time, but particu- ter Pearson Shaped The Fatal me.
larly if it happened now. If they Probe Of A Gay Diplomat (March I send thanks and gratitude to
That sort of precautionary thinking is the right thing to do do, I might even vote for one of 19): The account of the fatal essay-writer Judy Fantham for
– for governments and especially for individuals, now that them in 2025. RCMP interrogation of John Wat- sharing her thoughts and in-
T.B.K. Martin Toronto kins, former ambassador to Rus- sights.
vaccine and mask mandates are lifting. sia, implies that Lester Pearson – Lynda Beecroft
You can stand defenceless on the shore and wait to find out Re Done Deal (Letters, March 23): an unusually decent, balanced Nanoose Bay, B.C.
Speaking of promises, can any- and tolerant personality – autho-
whether the next wave will tower over your head, or lap up
one tell me if the mercury-poi- rized the witch-hunters’ abuse. Letters to the Editor should be
against your feet. Or you can head to the high ground that vac- soning treatment centre is up and Systematic persecution of sus- exclusive to The Globe and Mail.
running at Grassy Narrows First pected gay employees in the pub- Include your name, address and
cines provide, continue to wear a mask in indoor public
Nation yet, after first being an- lic service, people considered vul- daytime phone number. Try to keep
settings (think of them as flotation devices), and wait it out nounced five years ago? nerable to Soviet blackmail by letters to fewer than 150 words.
from a safe place. Greg McMaster Edmonton homophobic RCMP counterintel- Letters may be edited for length
ligence officers, continued right and clarity. Email:
It’s your choice now. into the 1970s. Their lack of pro- letters@globeandmail.com.

SINCLAIR STEWART ANGELA PACIENZA DENNIS CHOQUETTE NATASHA HASSAN SYLVIA STEAD
DEPUTY EDITOR EXECUTIVE EDITOR MANAGING EDITOR, ROB AND INVESTIGATIONS OPINION EDITOR PUBLIC EDITOR

CHRISTINE BROUSSEAU GARY SALEWICZ TONY KELLER MATT FREHNER SANDRA E. MARTIN
ASSISTANT MANAGING EDITOR, NEWS EDITOR, REPORT ON BUSINESS EDITORIAL PAGE EDITOR HEAD OF VISUALS HEAD OF NEWSROOM DEVELOPMENT
F R I DAY, MA RC H 2 5 , 2 0 2 2
OPINION
A majority is a majority
The Liberal-NDP deal
doesn’t subvert
democracy, but it
does raise questions
about accountability
ANDREW
COYNE
OPINION
N
ever mind what it means
for the parties: What does
the nascent Liberal-NDP
alliance (Lib-Dip Trip?) mean for
democracy?
Does it, as a Globe editorial
suggests, “handcuff” or indeed
“subvert” Parliament’s role as a
check on the executive? Has it, as
Howard Anglin, Stephen Harper’s
former deputy chief of staff, ar-
gues, “effectively suspend[ed]
the operation of responsible gov-
ernment”?
Well, no. “Responsible govern-
ment” means government that is
accountable to the House of
Commons, which is to say that it
governs only with the support of
Michelle Rempel Garner and Patrick Brown make for an awkward pair
ROBYN
URBACK
OPINION
A
bout a week and a half be-
fore she was named na-
tional campaign co-chair
for Conservative Party leadership
hopeful Patrick Brown, Calgary
Nose Hill MP Michelle Rempel
Garner penned a column for iPol-
itics.ca that implied Mr. Brown’s
name had finally been cleared.
The sexual misconduct allega-
tions that CTV News reported
back in 2018 were bogus, accord-
ing to Ms. Rempel Garner – “fake
news,” she called it – and she la-
mented that this episode of erro-
neous #MeToo castigation
would make it harder for genu-
ine victims to come forward.
The backstory is this: In 2018,
just a few months before the On-
tario election, CTV reported that
Mr. Brown, then leader of the
Progressive Conservative Party of
Ontario, was being accused of
sexual misconduct by two wom-
en – one of whom had worked
for him in his constituency office
in 2013. Mr. Brown, who denied
the allegations, was essentially
forced out after his campaign
staff quit and caucus demanded
he resign. Mr. Brown filed a defa-
mation suit against CTV, seeking
$8-million in damages.
Mr. Brown and CTV reached a
settlement just this month – days
before Mr. Brown announced his
run for the leadership of the fed-
eral Conservative Party – which
included an admission from the
network that “key details provid-
ed to CTV for the story were fac-
tually incorrect and required cor-
rection.”
Those key details were limited
to two things: the age of one of
the accusers (she was 19 at the
To save Ukraine, the West must preserve the Zelensky government
MICHAEL IGNATIEFF
OPINION
Professor of history at Central
European University and the
author of On Consolation:
Finding Solace in Dark Times.
W
e know what Russian
President Vladimir Pu-
tin wants in Ukraine: to
wipe the country off the map. We
also know what Ukrainian Presi-
dent Volodymyr Zelensky wants:
to keep Ukraine alive as a demo-
cratic state. The question is what
the West wants. What is its strate-
gic goal?
So far, the West’s objectives
have been framed in the nega-
tive: to avoid being drawn into a
war with Russia, while still doing
whatever possible to help the Uk-
rainians. That has meant saying
no to Mr. Zelensky when he asks
for a NATO-enforced “no-fly
zone.”
But the West’s war strategy
cannot be built on what it will
not do. NATO and its allies must
| T H E G LO B E A N D M A I L O
a majority of its members. It
doesn’t matter whether that ma-
jority is composed of one party,
or two parties, or 12: A majority is
a majority.
The majority the Prime Minis-
ter now commands, with the
agreement of the NDP, is not
qualitatively different from the
majority he might have led had
enough Liberals been elected last
September. Arguably it is more
legitimate, in as much as this ma-
jority actually represents a ma-
jority of the voters, versus the 30-
odd per cent in support of the
typical “majority government.”
Is that a fair comparison,
though? As Mr. Anglin says, at
least in the latter case the people
“voted for a majority govern-
ment.” Who voted for this? But
this again misrepresents how our
system works. We do not elect
governments in this country. We
elect Parliaments. The ballot
does not ask you which party you
think should govern the country.
It asks whom you would like to
represent your riding.
We elect members of Parlia-
ment; members of Parliament
elect governments. Does it mat-
ter if they pledged to support a
MP Michelle Rempel Garner, seen last year, is perhaps the best known and most outspoken advocate for
women’s rights in the Conservative caucus. DRIAN WYLD/THE CANADIAN PRESS
time of the alleged incident, not
18 as initially reported) and her
schooling status (CTV originally
reported that she was in high
school, though she was not). Yet
when comparing an archived
version of CTV’s original report
with the story that’s currently
live on CTV’s website, virtually
no other details have been
changed. The same lurid allega-
tions around genitalia, intoxica-
tion, pressure and power imbal-
ance remain online for anyone to
read. Mr. Brown continues to
deny the accusations, which
have not been tested in court.
Whether or not the allegations
are true, it’s a leap to take CTV’s
admission that it reported a few
define a positive objective.
At the beginning of the inva-
sion, when many predicted a
quick Russian victory, the West
could stick to virtue signalling,
congratulating Mr. Zelensky and
his government on their courage
while discreetly preparing to
evacuate them to exile. Mr. Ze-
lensky refused the offer, and now
that the Ukrainians have shown
what they can do, NATO is pour-
ing anti-tank and anti-aircraft
missiles into the country and
sharing military intelligence with
Ukrainian commanders.
The West has entered a proxy
war, and in proxy wars, the proxy
defines the objectives. When
proxies do well, it is tempting to
start envisaging more ambitious
objectives, from forcing the op-
ponent into a humiliating stale-
mate to effecting regime change.
Yet this raises the risk of strate-
gic hubris. We risk forgetting that
Russians have long experience
enduring economic hardship.
They can absorb a great deal of
economic punishment before ris-
ing against the regime. It is also
hubristic to predict that Mr. Pu-
particular government before the
election, or decided to do so after
the fact? It might, if MPs for the
two parties had campaigned on a
pledge never to enter into any
sort of alliance with each other.
But I can find no evidence that
they did, and if they had, it would
still entail no harm to responsible
government, but would rather
enter the long and disreputable
list of broken campaign prom-
ises. Nothing in the commonly
understood role of MPs precludes
them from forming whatever
compacts or alliances they like.
That’s especially true where, as
in the present case, no cabinet
appointments were involved.
(That’s why it’s wrong to call this
a coalition, which involves not
only a joint program of govern-
ment but the sharing of cabinet
seats.) Whenever an opposition
MP crosses over to the govern-
ment, there is always the suspi-
cion that some offer of this kind
was involved – a suspicion best
allayed by the MP resigning and
running in the subsequent by-
election.
Indeed, until the Second World
War it was the practice in this
country for all newly appointed
incorrect details and conclude, as
Ms. Rempel Garner did, that “it
appears the news outlet has
cleared Patrick Brown’s name.”
Indeed, the settlement saw no
money exchange hands and evi-
dently did not require CTV to
take down its report (independ-
ent reporting by other news out-
lets remains online as well).
In a court of law, errors in an
accuser’s story could damage her
credibility to the extent that it
might be difficult to convict a de-
fendant beyond a reasonable
doubt. But we are not in a court
of law, and a few errors in report-
ing do not de facto render a story
“fake news.”
Ms. Rempel Garner’s decision
tin’s inner circle will rise up and
dethrone him.
It is far too early to conclude
that Mr. Putin is losing the war.
He has already shifted to more
destructive and effective tactics,
with the hideous destruction of
Mariupol and Kharkiv indicating
what may be in store for Kyiv.
Neither the West nor its proxy are
in any position to announce re-
gime change as the strategic goal,
which would risk provoking Mr.
Putin into pursuing an even
more violent and dangerous es-
calation.
The West has been congratu-
lating itself on the severity of the
sanctions regime, but sanctions
are weapons that hit both sides.
Every Western leader knows that
higher gasoline prices mean po-
litical trouble back home, espe-
cially in an election year.
Western leaders may be con-
cerned about the likely long-term
economic impact of sanctions,
but they also know that focusing
on their own economies – and
hence their own political futures
– at the expense of the Ukrai-
nians would look disgraceful,
members of cabinet to do so be-
fore taking up their posts. Why?
Because their role had changed:
from watchdogs on the govern-
ment – yes, even as members of
the governing party – to mem-
bers of it. As such, they were
obliged to seek their electors’ ap-
proval.
That such a rule is inconceiv-
able in present-day politics sug-
gests why one might gently
mourn the current alliance, even
if there is nothing unparliamen-
tary about it. It may be no differ-
ent than any majority govern-
ment, but there are reasons to
prefer minority governments,
with all their alleged uncertainty.
For there are costs, as well as ben-
efits, when governments are
guaranteed a majority rather
than having to negotiate it with
each vote.
Parliament may not have been
handcuffed or subverted, but it is
reasonable to expect some loss of
accountability. This is especially
true with regard to parliamentary
committees, whose willingness
to call governments to account is
noticeably different where they
are made up of a majority of gov-
ernment, rather than opposition,
to co-chair Mr. Brown’s leader-
ship campaign is particularly cu-
rious because she is likely the
best known and most outspoken
advocate for women’s rights in
the Conservative caucus. Ms.
Rempel Garner has written
scathing op-eds about the “ev-
eryday sexism” experienced by
female staffers on the Hill. She
accused her own colleagues of
sexism for leaving her out of an
important policy discussion, and
routinely takes the Prime Minis-
ter to task for speaking the lan-
guage of feminism, yet acting dif-
ferently.
Feminism does not, of course,
mean automatically believing ev-
ery accusation against any man,
and not just to Ukrainians. At a
time when war has roused fury in
Western electorates on an un-
precedented scale, saving West-
ern economies by sacrificing the
Ukrainians is poor politics and
bad strategy.
If a Russian victory can still be
prevented, the West will need to
step up its assistance to the Uk-
rainian military to force Mr. Putin
into a bloody stalemate, followed
by a negotiated settlement that
leaves at least part of Ukraine in-
tact and in the Zelensky govern-
ment’s hands.
Even here, the West needs to
plan for the worst, not hope for
the best. The worst would be the
fall of the Zelensky government,
after a long siege and bombard-
ment of Kyiv. Providing the Uk-
rainians with anti-aircraft, anti-
missile and anti-artillery capabil-
ities is essential to break the
siege. But if these fail to hold the
Russians back, the West will have
to decide whether it can stand by
and watch the presidential palace
being bombed and a democrat-
ically elected government being
destroyed.
NEWS | A13
members.
This wouldn’t matter so much
if MPs in the governing party still
took seriously the idea that they
are elected to be watchdogs on
the government, rather than
blind cheerleaders for it. Perhaps
it is naive to expect them to. But
is it so naive to expect it of mem-
bers of another party, in tempo-
rary alliance with it?
This will be the real test of this
arrangement, and whether it can
be distinguished from majority
government as usual. Will NDP
MPs be as much in the tank for
the government, with regard to
its long list of offences against
ethics and democratic account-
ability, as its own MPs have re-
peatedly proved to be?
The agreement obliges the
NDP not to support an explicit
vote of no confidence in the gov-
ernment. But it is unclear on
what would happen should the
Liberals declare a particular vote –
say, on whether the government
should be required to produce
certain documents or witnesses –
to be a question of confidence.
Only then will we find out
what the NDP bought in this deal,
and what it sold.
no matter the circumstances.
These things are incredibly diffi-
cult to adjudicate, particularly
without a formal investigation,
and years after the alleged
events. But it doesn’t exactly in-
voke the spirit of Betty Friedan to
imply that these women are ly-
ing because one appeared to mis-
remember her age.
Others have noticed the rather
incongruous marriage between
Mr. Brown and Ms. Rempel Gar-
ner. Jenni Byrne, who is on the
team of leadership rival Pierre
Poilievre, tweeted to Ms. Rempel
Garner that her support of Mr.
Brown is “completely opposite of
what you claim to advocate for.”
Ariella Kimmel, a former se-
nior staffer in the Alberta govern-
ment who is suing the premier’s
office for allegedly failing to take
action on sexual harassment
against her, said: “I’m honestly
floored by this – how can some-
one who has spoken in support
of women who have been vic-
tims of sexual misconduct back a
candidate who had numerous al-
legations made against him?”
Perhaps this is a marriage of
convenience. Mr. Brown is vir-
tually unknown in Western Cana-
da and so he needs Ms. Rempel
Garner’s connections if he’s go-
ing to have anything close to a
viable shot at leadership.
Ms. Rempel Garner lost her
shadow cabinet role after back-
ing the continued leadership of
Erin O’Toole, and she appears to
be increasingly uncomfortable
with the direction her party is
heading under voices such as Mr.
Poilievre’s.
But to borrow a line from an-
other Conservative leadership
candidate, there is a stinking al-
batross hanging around Mr.
Brown’s neck, and Ms. Rempel
Garner may be taking a risk
standing so close.
The fall of the Zelensky gov-
ernment would give Mr. Putin the
victory he so desperately needs;
it would allow him to wipe out
Ukraine as a sovereign state, and
to begin the Russification of a
newly conquered people.
This plausible scenario should
give Western leaders strategic
and moral clarity. The West’s stra-
tegic objective in this war ought
to be to preserve the Zelensky
government. By saving the gov-
ernment, the West can save
Ukraine. Any Russian effort to
finish off the Zelensky govern-
ment should be the West’s red
line: the moment at which it
sends a message to Mr. Putin that
if he does not stop, it will respond
with force.
Western political leaders have
an opportunity to decide on this
strategic message at this week’s
NATO summit. If they can reach a
consensus, it will then be up to
the alliance’s military leadership
to draw up tactical plans for de-
livering the message loud and
clear.
GARY MASON will return.
A14 | NEWS
WEEKEND WATCHING
Schlock and awe with Bullock and Tatum
The main problem
with The Lost City is it
believes it is a lot more
fun than it actually is
BARRY
HERTZ
OPINION
The Lost City
C L A S S I F I C AT I O N : P G ; 11 2 M I N U T ES
Directed by Aaron Nee
and Adam Nee
Written by Oren Uziel, Dana Fox,
Aaron Nee and Adam Nee
Starring Sandra Bullock, Channing
Tatum and Daniel Radcliffe
M
idway through the new
rom-com The Lost City,
Channing Tatum’s hero
with the heart of a lunk and the
chest of a hunk offers an impas-
sioned defence of schlock. If it
makes people happy, then what’s
the problem? Tatum’s character,
a Fabio-esque cover model who
decides to play real-life hero
when his employer-slash-collab-
orator (played by Sandra Bull-
ock) is kidnapped, is talking
about the cultural value of Harle-
quin-y romance novels. But it’s
hard to not read the bit as a meta
plea from The Lost City’s own
filmmakers. Sure, this is fluffy
fantasy. But if you’re having fun,
then just stop overthinking it and
enjoy the show!
The only problem: The Lost
City believes it is a lot more fun
than it actually is. The movie isn’t
a guilty pleasure so much as a
pleasure-lite guilt trip – a relent-
lessly and eventually exhausting
middle-ground effort that is
made all the more frustrating be-
cause it is so very close to
reaching the platonic ideal of
schlock.
With just one more (maybe
two) punch-ups, The Lost City
could have been a sweet and salty
screwball adventure in the vein
of its obvious inspirations: the
Presenting the Alterna-Oscars: the
non-contenders you can watch at home
BARRY HERTZ
SCREEN TIME
T
his Sunday’s Academy
Awards will offer one more
glitzy push for 10 films that
have dominated the movie dis-
course for the past half year. And
while Dune, West Side Story, Drive
My Car and the other best picture
nominees are worthy of the spot-
light (okay, maybe everything ex-
cept Don’t Look Up), there are a
Dolby Theatre’s worth of eligible
movies that didn’t get any love
from the Academy at all. Which is
why The Globe and Mail presents
its inaugural Alterna-Oscars: a
quick guide to the should’ve-
been-contenders – and how you
can watch them from the com-
fort of your own home this week-
end.
THE CARD COUNTER
Whether it was HBO’s Scenes from
a Marriage, Dune, or this under-
the-radar Paul Schrader thriller,
Oscar Isaac offers every inch of
himself to the screen, resulting in
performances that linger all
awards season long. In The Card
Counter, Isaac plays one of
Schrader’s signature loners, a
man who can only survive if he
holds his deck close, metaphor-
ically and literally. It’s a killer
role, played with intensity and
heat – yet I suppose too dark or
textured or just plain excellent
for the Academy’s tastes.
Streaming on Prime Video
PIG
In addition to having the perfect
title, Pig has a perfect little idea,
too. The film casts Nicolas Cage
as Rob, a truffle hunter who lives
alone in the Oregon woods. Ev-
erything is wonderful, until
someone steals Rob’s pig, spark-
ing a journey of revenge and re-
demption in the underground
world of Portland restaurateurs.
With its conceit and casting, Pig
could have been an overstuffed
indulgence. But it is instead a de-
Sandra Bullock and
Channing Tatum star
in The Lost City as a
high-minded romance
novelist and a dim-bulb
cover model caught up
in escapades on
an Atlantic island.
With just one
more (maybe two)
punch-ups, The Lost
City could have been
a sweet and salty
screwball adventure
in the vein of its
obvious inspirations.
Janicza Bravo’s Zola, an upside-down fairy-tale about autonomy,
exploitation and power, went overlooked by this year’s Oscars.
liciously balanced feast of charac-
ter and emotion, with Cage chew-
ing just the right amount of scen-
ery – yet somehow failing to net
Oscar’s attention.
Streaming on Crave
THE LAST DUEL
Ignored by audiences and mis-
marketed by its studio, Ridley
Scott’s medieval spin on Rasho-
mon will go down as one of 2021’s
most epic surprises. With Scott’s
A-level craftsmanship; an ambi-
tious script by Matt Damon, Ben
Affleck and Nicole Holofcener;
and excellent lead performances
across the board – especially a
steely Jodie Comer and a sly Af-
fleck, who really should’ve
nabbed a best supporting actor
nod – The Last Duel is a welcome
reminder of what Hollywood
titans can do when they’re not
squeezed into the confines of a
superhero film.
Streaming on Disney+ with Star
ZOLA & RED ROCKET
For whatever reason, 2021 fea-
tured two high-profile films fo-
cusing on sex workers from cool-
kid U.S. distributor A24 – both of
which were overlooked by Acad-
emy voters. Janicza Bravo’s Zola is
twin 1980s hits Romancing the
Stone and The Jewel of the Nile. As
it lands, though, The Lost City is
all schlock-talk, no schlock-ac-
tion.
The first sign of trouble that
The Lost City wouldn’t live up to
its own stated goals: Its pro-
ducers scrapped its original title,
The Lost City of D. That “D” (which
could stand for whatever your R-
rated imagination might like)
hinted at a more ribald, wink-
wink sense of humour that seems
similarly scrubbed from the mo-
vie. Every so often, the film lets
slip a one-liner that’s slightly fris-
ky, or a gag that’s just a half-notch
above risqué.
But these asides – some of
which seem almost slipped into
the proceedings during postpro-
duction – are The Lost City’s ex-
ceptions, not its rules. Which is
what the film plays by, time and
again: the safe rules of a contem-
an upside-down fairy-tale about
autonomy, exploitation and pow-
er that is also achingly funny, de-
serving of at least a best adapted
screenplay nod. Sean Baker’s Red
Rocket, meanwhile, presents a sit-
com-level premise – a porn star
runs back to his Texas hometown
– then twists it into a darkly com-
ic tale of ambition, greed and de-
sire that features a blazing, ca-
reer-making/defining perform-
ance from one-time MTV person-
ality Simon Rex.
Zola streams on Netflix;
Red Rocket is available for rent
on-demand, including Apple TV
THE FRENCH DISPATCH
By this point in Wes Anderson’s
career, you know whether you
love the filmmaker or want to
push him into a puddle. For those
who cannot get enough of the
meticulous, hilarious, extraordi-
narily confident director, The
French Dispatch is his best film in
a decade. Jammed with wonder-
ful actors, so intricately shot that
it requires freeze frames to reveal
its true depths, and written with
warm, inviting wit, the film is a
sublime creation. Yet it didn’t
even net a production design
nomination, which is a perfectly
tailored travesty.
Streaming on Disney+ with Star
O T H E G LO B E A N D M A I L | F R I DAY , M A RC H 2 5 , 2 0 2 2
R EV I E W S | OPINION | PUZZLES | W EAT H E R
through five writers, is decently
clever. But as directed by brothers
Adam and Aaron Nee, The Lost
City flails wildly, hitting roughly
25 per cent of its marks. For every
joke that lands (there is a good
running bit about how mummies
aren’t monsters, and one “man-
splaining” punchline that works
in spite of its premise) there are
three more in badly need of
workshopping.
Loretta and Alan’s central
quest also feels less like a rollick-
ing adventure and more an endu-
rance test – mortal danger and
sexual tension are swapped for
ho-hum obstacle and chaste
mooning. And whenever their
journey inches toward interest-
ing territory, the Nee brothers cut
to a desperately unfunny B-plot
involving Loretta’s publisher
(Da’Vine Joy Randolph, saddled
with some truly embarrassing
dialogue), who is embarking on
her own rescue mission.
At least the cast is more than
game. After similar shticks in his
Jump Street series, Tatum once
again proves that he is the ulti-
mate thinking man’s dummy,
lampooning his perfect looks
with charming ease. Bullock
porary big-budget rom-com, all seems more annoyed here than
sanded down and forgettable. usual – perhaps she’s wondering
The film opens well enough, why Tatum got all of the script’s
setting up a sharp opposites-at- best lines – but still gives fizzy life
tract dynamic between high- to the straight-woman role. And
minded romance novelist Loretta the Nee brothers are smart
(Bullock) and dim-bulb cover enough to populate their sup-
model Alan (Tatum, the only porting cast with a murderer’s
man alive who can make the row of comic performers, includ-
name Alan seem sexy; letter writ- ing Patti Harrison as Loretta’s so-
ers, please note that Alan Rick- cial-media consultant, Oscar Nu-
man is no longer with us). While nez as a local fixer and one mega-
on tour to promote her latest star whose appearance I won’t
book, Loretta – still healing from spoil (even if most of the film’s
the death of her adventurer hus- marketing material already has).
band five years ago – is abducted As far as star-powered, high-
by a wealthy megalomaniac (Da- budget schlock goes, you could
niel Radcliffe) who believes that do worse (say, the algorithmically
the writer holds the key to un- programmed escapist fare cur-
locking a treasure hidden on an rently streaming elsewhere). But
Atlantic island. So, off goes Alan you could also do a whole lot bet-
to the rescue, convinced that he ter – a whole lot top-tier schlock-
can be just as courageous as the ier – too. Go get lost, just not here.
character he frequently pretends
to be during photo shoots. The Lost City opens in theatres
The premise, which has passed March 25.
Canadian-Bosnian romance
is beautifully haunting
BARRY HERTZ
REVIEW
The White Fortress (Tabija)
C L A S S I F I C AT I O N : N / A ; 8 9 M I N U T ES
Written and directed by Igor Drljaca
Starring Pavle Cemerikic and Sumeja Dardagan
CRITIC’S PICK
W
e all, in our own way, dream of The White Fortress.
A place of purity, just beyond reach. Where our
imaginations and Bosnian-Canadian director
Igor Drljaca’s new film diverge, though, is the
route there – and how terrifying, daunting, perhaps impos-
sible that journey can ultimately be. Set in a postwar Saraje-
vo, where the class divide is stark and the past is ready to
pounce like a rabid dog at a moment’s notice, The White For-
tress is a startling, hypnotizing, but above all haunting work
destined to linger.
At least, it still rattles inside my mind, more than a year
after watching it during the 2021 virtual Berlinale film festiv-
al. My expectations were high, given Drljaca’s wonderful but
underseen filmography: Krivina, The Waiting Room, the docu-
mentary The Stone Speakers. For any audience fortunate
enough to catch those films during their blink-and-miss runs
– or perhaps at one of the retrospectives put on by TIFF and
other essential art-house institutions – Drljaca’s talents are
obvious. The filmmaker, who is currently based in Vancouv-
er, has a deft poetic touch, with an eye for how deeply and
painfully history bleeds into our everyday actions.
In The White Fortress (or Tabija, in Bosnian), Drljaca deliv-
ers what might be his breakthrough: a patient, sharp, immer-
sive work that flirts with terror, fairy tale and coming-of-age
romance. It asks of its audience an open heart, a curious
imagination, and the skill to watch a film through the spaces
between your fingers.
The film opens with Faruk (Pavle Cemerikic), a young man
bordering on adulthood who lives with his grandmother in a
weathered apartment block. Faruk has few prospects in life,
and cannot help but drift toward a path of low-level crimi-
nality, even if it is clear the teen has no affinity for the trade’s
necessary sociopathy. Things change one afternoon – possi-
bly for the better, possibly for an even more doomed out-
come – when Faruk meets Mona (Sumeja Dardagan), a bored
teenager whose parents retain powerful political connec-
tions to the country’s ruling class. As the pair begin to con-
nect – their paths winding in and out of Sarajevo’s hidden
corners – a Romeo-and-Juliet romance blooms, with all its
attendant prospects of tragedy.
Intimate and focused, Drljaca’s film luxuriates in character
and place. By tracing Faruk and Mona’s twin desires to escape
their circumstances, the filmmaker displays a deep under-
standing of that inexorable pull we all feel in our lives toward
something greater, less burdened by whatever came before.
It is a universal story, rooted in Sarajevo specificity.
The White Fortress opens March 24 at Vancouver’s
Cinematheque, March 28 at select Landmark cinemas; available
to rent via digital TIFF Bell Lightbox starting March 25.
F R I DAY, MA RC H 2 5 , 2 0 2 2 | T H E G LO B E A N D M A I L O NEWS | A15

The remarkable Ukrainian film we cannot afford to miss

Audiences should make
the effort to watch the
prescient Atlantis as we
ask: What comes next?

BRENDAN MacINTOSH

A
lmost one year ago, I came
across a film still of a man
bathing inside a detached
excavator bucket. It was heated
by a burning wood fire and sur-
rounded by an orange-grey ex-
panse of rock, Martian in its des-
olation. The name of the film is
Atlantis, and I quickly found my-
self captivated by a dark, hidden
presence outside each of its
frames, where the weight of
shared, catastrophic trauma
pressed in at the edges. Valentyn
Vasyanovych’s film feels like a
memory, yet it prophesies the fu-
ture of ecological sterilization,
post-traumatic stress disorders
and mass unmarked graves that
may soon plague Ukraine.
I watched the film through
one of the online festival pre- Atlantis is desolate, desperate and haunting as it centres around the postwar wasteland of director Valentyn Vasyanovych’s imagined future.
mieres that became so popular
during the pandemic, so I was tion dedicated to exhuming and acters and wandering plot lines lence deafens, and its emptiness Right now, Vasyanovych is on
streaming it from home, its post- identifying the countless corpses of director Tsai Ming Liang, par- overwhelms. It foretells the the ground in Ukraine working
apocalyptic depiction of 2025 Uk- buried amid the mines and mud. ticularly in his film Stray Dogs. sense of trauma that will come to document the nightmarish re-
raine unfolding before me in my On that first viewing, I was un- Vasyanovych’s film was so re- to linger upon the scorched Uk- ality so that the world can see
bedroom. At the time, I had little prepared for the future that At- mote that either I could not face rainian psyche, and with a silent, what Putin is censoring. The di-
awareness of the escalating bor- lantis depicts – although its ge- its implications or I needed to severe aesthetic composition de- rector recently told Reuters that
der conflict with Russia or the ographical scope was limited to feel the shock and horror of Pu- manding big-screen presenta- even he never imagined such a
rapidly deteriorating Donbas the Eastern border region and tin’s war machine looming over- tion. scenario, with “cities destroyed
groundwater that threatened to did not predict the nationwide head to truly engage with the Fortunately, Atlantis’s distribu- to such an extent that places like
ecologically sterilize the entire conflict now unfolding in Uk- film on a gut level – to grasp a tor, the U.S.-based indie outfit Kharkiv and Mariupol … are sim-
region. But Vasyanovych had al- raine. Its central characters, piece of people’s pain, and to ex- Grasshopper Film, is touring the ply being wiped off the face of
ready taken them to their logical played by veterans of the Donbas perience the feeling of second- film across art-house cinemas, the Earth.”
conclusions. conflict, appear spectral, mere hand shell shock that we now, in including the Vancouver Interna- The incredible loss of human
Atlantis is centred around the shadows of their former selves. the West, are indirectly reckon- tional Film Festival Centre (April life and extensive damage to in-
postwar wasteland where the They move as if trapped inside a ing with amid the most highly 1), the TIFF Bell Lightbox in To- frastructure and Ukraine’s natu-
film’s protagonist, Sergiy, fought cultural void, their senses shell- documented conflict in history. ronto (April 7, as part of TIFF’s ral environment goes far beyond
on the Ukrainian side of a full- shocked, their eyes small, sullen Conflict on this scale, in this free Ukraine: Dichotomy & Op- the scope of Atlantis.
scale border war against Russia. windows of grief. If a film such as era of internet media, is resulting position program), the Calgary I can only hope that Vasyano-
In Vasyanovych’s imagined fu- Elem Klimov’s classic Come and in a more direct, more immer- Cinematheque (April 7) and the vych makes it through this end-
ture, Ukraine won the war, yet See shows us how the trauma of sive feed of information. Our Winnipeg Film Group (April 23). less night, along with everyone
the land for which they fought war imprints itself upon the hu- eyes are witnessing war crimes I hope that Atlantis, along with else fleeing, fighting and trapped
remains scorched, sterilized and man psyche in real time, Atlantis while millions of TikTok users Evgeny Afineevsky’s Winter on under siege in Ukraine. But in
riddled with land mines. Sergiy depicts its lingering effects. watch Ukrainian teens vlog their Fire and Sergei Loznitsa’s Don- the meantime, we can all make
continues to train each day as if The film was so desolate, so experience fleeing Kyiv as cluster bass, will soon become available the effort to watch his remarka-
the war is still on, but sudden desperately lonesome and munitions pummel the streets. digitally, too, so that audiences ble film, and ask what might
loss and joblessness force him to haunting, that I initially had dif- So this week, when revisiting across the country – and the come next.
confront his crippling PTSD. He ficulty connecting with it. It was Atlantis in my digitally shell- world – can witness these fear-
joins a humanitarian organiza- reminiscent of the isolated char- shocked state, I found that its si- less auteurs at work. Special to The Globe and Mail
 PA I D P O S T
'C@@8> 2'
C' BCA@'  ?' 8
@A8
" 2@"- A
C A2 
8

) ?' >"A'
8 -
@"+ '@AC@
" 'B
C-'8 
 8A @8A"')

%9
/# 
#

# ,
373;

3 9%, +/ 
,/

 $! :! 0
T : $0 $ : 0
 0 0
 !  0 ! 0
0 0 0 0 
$ 0 ! 00! 0  0 ! 0
: ! ! 
0   0  0
!$$! 0 ! 0 $!
0! $ ! !$$!
!     $ 0
 ! 0 ! 00
0 0
!  !  ! !
 :! 0 0  ! 
0 0 0 !  
!  !  0$ !
$! 0


  
0   0  "#"  
!
$! 2  :    ! 0  !  "
0 " 
  $!$ #"
0 00 : 0 0 
 ! $ !$  0! :  0 !  ! 
"
" 
00 ! 0 !   :
!  0 0 "  0
 !0  ! 0 !$ PRODUCTIONS AT
! 0 ! ! ! 0
$   0 !
WORLD’S FAIRS
"  $!  ! !
! :  $
! !  LABYRINTH
!$ ! 0 ':(% &$10 -%#3,

0  ! ! !: , 3 ; C%!

# ,%3%,
! !  0 ! % # "%9
# ?6 A+%##%,
! 0 ! 
! 0 !  :! THE LAND

0!  :! 0 0 ':(% &$0= A/


!  0  : 0 2,/3
,/ ,#
!     %,!
3  ! # 0=!!
!:  $! , 3 ; C: 
/,
#
!0 0 0  !$$! 
#
6 "
, *6
!  0 $ 
 0 ! $ 0  THE CITY
 ! ! 0 0 !  0  ':(% &$0= A/


   0 , 3 ; 
 B#

0 ! 0  !  0
  ! 0 : 0 RIVER JOURNEY
$! ! $ !  0 ':(% &$ 89 A, 
#/
 0 0 $ $  82+/ ,/3 @-
  !
 $ ! 0 ! : ! ,
3 %,
9%, +/ 
,
 !   !  , 3 ; %# 8) !3
0 : $ 0  0 :
! ! TRANSITIONS
! !  0 ':(% &$1 
# %67,
$! ! 0$ 0 :! 0  9%, +/ ,/3 7
3%#
0 !  00 0 4 @-
  !
0  
! !  , 3 ; % # "%9
#
 ! :  0 !   %#; @
#< %
"  !  ! !  !
"!:  ! !
MOMENTUM
! ! !  0 $ 0 0 !  ! ! ':(% &$$5 7 
 "  0 !   0 $$  9%, +/ ,/3 @-
. ?  !
 "
$ ! ! 0 $ 0 :  , 3 ; % # "%9
#
 0 !  0    %#; @
#< %
   00  ! ! ! 0 ! 0
  !   0! 0   : GLIMPSES
$ ! 0! 0!  ! ! ! ! 


0 ':(% 5=&= 
#

!  0 ! 0 ! !  , 3 ;
!  ! "!: ! ! :  0 0 0 
#2,
#%/ B%6 %3
! !  00 !: !  
0 0 ! 
:  !  ! : !  0 ! EXPO 67 LIVE
 
$ 00 ! 0 ! ! !:   $!! -%#3,
 5=&0  ,
3#
!  ! ! 0 0 ! $! ! $0 : : !: ! 0 $$ 3 =3
##7,/
,; % ':(%
!   $ 00 ! 0
00 : $ ! 0 10
# 3 &=3
##7,/
,;
 !0 ! ! $ 0 !00 $  % %#,
3%# -%#6!#3

!! 0   ! : !   %63%%, (,% 3%#/ % ':(% 10

  !  0 $ ! 0 0 ! : $ !!
, 7
!
/)
! 0 0  !    ,33# /#
# , 3
! ! ! !  ! ! ! ; 
,# "
#%,#
0 0  0 0$ !$  :   ! 0 !$
0: 0  0$ ! 
  $! :::  0  0  TRACES
0$ 0    : 0  !  : 0 ':(% 5=5= 6

0  $!  !:0 0 ! 0 ! !00   ! : 0 : 0 @#3,
37 (6 
,3 #/3

3%#

 0 0 :! 0 ! $ 
$! 
A,#
%# (3 ,
37
! : 0  !  0 ! 0   : ! ! ! !
,3 , 3%#
# B,%6 3%#
! 00 ! ! ! !  $! !:   ! 0 0 /# ; 
8

$ 0 $ :  !
0  0 !  : $ !    :! -6 3!
/#
#
,3
 : 0 !0 ! ! ! !   :  : 0 , 3 ; '3## B
*633
 0 0 !$$! 0  0 !! !  :!  ! 0
$  0!  ! $ ! !
   !  ! !    !0
F R I DAY, MA RC H 2 5 , 2 0 2 2 | T H E G LO B E A N D M A I L O NEWS | A17

FIRST PERSON
Netflix, we
have a problem
BRAD WHEELER
MY MISFORTUNE WAS A
REVIEW
LUCKY DAY, AFTER ALL
Apollo 10½:
A Space Age Childhood
C L A S S I F I C AT I O N : N / A ; 9 8 M I N U T ES

Written and directed by Richard Linklater

Starring Jack Black and Milo Coy

A
fter the first men landed on
the moon on July 20, 1969,
Walter Cronkite paused to
consider the many implica-
tions of what had just happened. He
wondered about the astronauts and
their abilities to relate the otherworld-
ly moment to others. “It may not be a
beauty that one can pass on to future
beholders,” the newscaster said. “They
will, in effect, be a bit stranger, even to
their own wives and children – disap-
peared into another life that we can’t
follow.”
What astronauts such as Neil Arm-
strong haven’t been able to pass on to
us mere earthlings, filmmakers have
attempted to fill in. Moon-movie high-
lights over the years include Ron Ho-
ward’s Apollo 13 in 1995, Damien Cha-
zelle’s First Man from 2018, and Todd
Douglas Miller’s excellent archival doc
Apollo 11 in 2019.
Now here’s Richard Linklater,
whose animated Netflix fantasy-dra-
ma Apollo 10½ is more time capsule
than space capsule, and too nostalgic
by half. The boy protagonist is Stan
(voiced by Milo Coy), an admitted fa-
bulist whose story involves a top-se-
cret trip to the moon. By mistake, the
lunar landing module was built too
small. Stan is recruited for the mission
because of his compact size, his apti-
tude in science and the ability to
speak the English language better
than a chimpanzee.
ILLUSTRATION BY MARLEY ALLEN-ASH
The school kid is a version of Link-
later, who grew up in the 1960s in
Houston, the place of the Astrodome
and the National Aeronautics and After being hit by a car, I sure didn’t feel lucky when the doctor said so,
Space Administration. Does Linklater but he was absolutely right, Rosemarie McClean writes
treat the space age adoringly? You bet
your NASA he does.

T
Linklater, whose Dazed and Con- here are many forms of luck in this world. My husband and daughter met us at the hospital,
fused from 1993 was a love letter to his There is the straight-up, winning-the-lot- as did police officers. The police informed us that the
Texas teenage years of the 1970s, is ev- tery kind of luck and there is luck that comes young driver had crashed into two other cars after
ery bit a child of the sixties. Apollo 10½ as a result of misfortune. It seems there is al- hitting us, and other people had been hurt, but our
is a voyage back to the dawning of the ways someone spared from a plane crash because injuries were by far the most serious since we were
Age of Aquarius and his own coming they missed their flight. There is even luck when you pedestrians. By now, I was in a wheelchair, waiting
of age. His self-assigned mission is to get injured – it could always have been far, far worse. for X-rays and treatment.
pass on the era’s hope, purpose and Most people encounter these incidents of luck at The waiting time in the ER was lengthy. By the
pop culture to today’s beholders. some point in their lifetime; I encountered them all time I saw a doctor, my shoulder was aching in addi-
Apollo 10½ doesn’t dwell on the in one day. tion to my swelling knee. My son, thankfully, only
boy-in-space story. Rather, half the Two years ago, just as the pandemic was about to appeared to have a large bruise and ripped pants. All
film at least is a crash course in late- arrive on our doorstep, that day dawned bright and four of us gathered in the examination room and the
sixties zeitgeist and Americana. The cold. I was six days away from leaving Toronto to doctor declared that my son would be fine. The relief
history is narrated by adult Stan take up my first international job posting in New in the room was palpable. But then, the doctor deliv-
(voiced by Jack Black). It’s a look back York. My overall feeling of anxiety and apprehen- ered my diagnosis in a sympathetic tone, and the
at a white-bread suburban upbringing sion was compounded by the fact that my family news was not good. My clavicle (shoulder) was bro-
and family life. Think The Wonder would not be joining me for several months. We ken, as was my leg in two places (tibia and fibula).
Years meets King of the Hill. would sell the only home my children had ever I was stunned and too shocked to cry. My thoughts
At one point, an exhaustive list of known, sell our car, donate all our stuff went to how I was going to tell my new
television series is rattled off – every- and start fresh in a foreign land. I was employer (who had waited patiently
thing from Dark Shadows to Bewitched excited to spend as much time as pos- What if, by chance, for six months for my arrival) that I
to Beverly Hillbillies. After catching his sible with them before I departed. That was not going to be on a plane in six
breath, the narrator then adds (either day, my nine-year-old son was flush my son had been days, and in fact my arrival was ex-
ridiculously or sarcastically), “to name with money from his grandparents standing where I’d tremely difficult to predict. The doctor
a few.” and suggested a walk to the mall to been? At his age and went on to explain the multiple fol-
Though the Saturday-morning ritu- find a new Lego set. I am not much of a size, the blow would low-up visits and physiotherapy that
al of cartoon watching is noted, there’s mall shopper, but the side benefit was awaited me. I must have looked dis-
no mention of The Jetsons, Hanna-Bar- a 20-minute walk along the ravine, so I likely have been couraged because he turned to me and
bera’s vision of the space age of the agreed. fatal. That simple said, “I know this is overwhelming for
future. As for the animation aesthetic As we walked down our street, he twist of fate – or you right now, but I want you to know
of Apollo 10½, Linklater went with a spotted a crumpled-up dollar bill by luck – haunts me something. I have worked in the ER for
mix of hand-drawn and digital tech- the curb. A closer look revealed it to be five years, and I have seen an increase
niques. Handsome, but not fancy, it US$10. He was thrilled. “I can spend it still today. in the number of innocent pedestrians
matches the analog vibe of the era when we move to New York. … This is being hit by careless drivers. The out-
Linklater is so clearly taken with. our lucky day!” Later, walking alongside the ravine, come is usually much worse, including serious head
Linklater is a serious retro-music we heard a noise in the trees. Where the forest injuries or fatalities. Your bones will heal. You were
dude. Here he spaces us out with As- opened to a path ahead, we saw two deer emerge lucky.”
tronomy Domine and Shape of Things to from the bush and cross over to the creek. Another I sure didn’t feel lucky, but he was right.
Come, but stays clear of the period- lucky encounter. That night, I kept replaying the events of the day
perfect (but predictable) Space Oddity. We were soon at the mall, walking on the sidewalk in my mind. There was a part of the ordeal that I
The nostalgia quotient might be in- adjacent to the parking lot. My son was a step behind couldn’t stop dwelling on. What if, by chance, my son
dulgent overload for some, though me when I heard a screeching of tires and suddenly a had been standing where I’d been? At his age and
catnip for others. Linklater does cap- car appeared from around the corner. Before I knew size, the blow would likely have been fatal. That sim-
ture the once-in-a-lifetime unique- what was happening, the car jumped the curb and ple twist of fate – or luck – haunts me still today.
ness of the era, whether with the poet- streaked across the sidewalk, striking me head-on It took many months for me to recover enough to
ically momentous on-air dialogue of and hitting my son with a glancing blow. I was board a plane. But in another bit of luck, that meant I
Cronkite and Eric Sevareid, or with the flipped up onto the hood of the car and landed with a missed being in New York for the start of the pan-
portrayal of children living carefree thud on the pavement. Looking back in fear for my demic. In that period, COVID-19 brought New York
while cities burned, leaders were be- son, I saw him on the ground, too. I asked if he was to its knees, with hospitals and morgues overflow-
ing assassinated routinely and wars hurt and he whimpered back that he was okay. I told ing, and people losing their loved ones and neigh-
raged hot and cold. him not to get up. My husband, a former firefighter, bours.
This was a time when science fic- had – on many occasions – told me that injuries can Today, my family is well settled in our new city
tion was coming to life – “an optimis- be worsened by attempts to move after an accident. and loving the experience despite the pandemic. A
tically technological future.” The film A passerby called 911, and soon we were in the capa- friend of mine asked me recently, “How do you like
presents the wonderment and shared ble hands of first responders. By this time, my body New York?”
sense of accomplishment. “Wow,” the was coursing with adrenalin and I really did not feel I smiled and said, “I feel lucky to be here.”
mother says, watching the moon-walk any pain, but I knew something had to be wrong
moment on television with her gleeful when I could not walk to the ambulance. Rosemarie McClean lives in New York.
family. Maybe technology is taken for
granted today – where are our “wow”
moments now? First Person is a daily personal piece submitted by readers
The telephone conversation be-
tween president Richard Nixon and Have a story to tell? Please see the guidelines on our website tgam.ca/essayguide,
the astronauts is recreated. “For one and e-mail it to firstperson@globeandmail.com
priceless moment in the whole history
of man all the people on this Earth are
truly one,” Nixon says. “One in their
pride in what you have done and one TODAY’S SUDOKU SOLUTION TODAY’S KENKEN SOLUTION
in our prayers that you will return
safely to Earth.”
The moment of “one” didn’t last,
though. When the kids go to bed be-
fore the moon-landing broadcast is
over, the father is incredulous. But the
daughter explains: “It’s over,” she
says.
It really was.

Apollo 10½: A Space Age Childhood

opens at Toronto’s TIFF Bell Lightbox
and Vancouver’s VIFF Centre on March
25; streams on Netflix starting April 1.
A18 | NEWS O T H E G LO B E A N D M A I L | F R I DAY , M A RC H 2 5 , 2 0 2 2

THE GLOBE AND MAIL CENTRE SUBSCRIPTIONS AND TECH SUPPORT EDITORIAL OFFICES ADVERTISING EXECUTIVES
351 KING STREET EAST, SUITE 1600 PRINT 1.800.387.5400 TORONTO 416.585.5225 TOLL FREE 1.800.387.9012 ERIN ADAMS V.P., HUMAN RESOURCES
TORONTO, ONTARIO, M5A 0N1 TORONTO 416.585.5222 MONTREAL 514.982.3065 ON + MAN (EXCL OTT) 416.585.5600 KATHY CUNNINGHAM CHIEF FINANCIAL OFFICER
416.585.5000 | GLOBEANDMAIL.COM GLOBE 2 GO 1.866.232.0988 OTTAWA 613.566.3600 OTT, QUE, ATL 514.982.3050 SUSAN KELLY V.P., INFORMATION TECHNOLOGY
CIRCULATION@GLOBEANDMAIL.COM CALGARY 403.245.9100 1.800.363.7526 MICHAEL O’NEILL V.P., DIGITAL AND DATA SCIENCE
GLOBE2GO@GLOBEANDMAIL.COM EDMONTON 780.428.8261 WESTERN CANADA 604.631.6608 SEAN HUMPHREY V.P., MARKETING
The Globe and Mail is a Woodbridge owned property. GLOBEUNLIMITED@GLOBEANDMAIL.COM VANCOUVER 604.685.0308 SALLY PIRRI V.P., PRINT OPERATIONS
HALIFAX 902.471.9479 JESSE LANGDON V.P., GENERAL COUNSEL/CORPORATE SECRETARY
ANDREW SAUNDERS CHIEF REVENUE OFFICER

NOTICES COPYRIGHTS AND TRADEMARKS The Globe and Mail, Canada's National Newspaper, Report on Business, Facts & Arguments,
Canada's Business Newspaper and Globe Toronto are trademarks of The Globe and Mail © 2017. All rights reserved. All letters, articles, The Local Journalism Initiative (LJI) supports the creation
comments, and other material submitted to publication may be published, displayed, distributed, retained and archived by The Globe of original civic journalism that covers the diverse needs
and Mail's assignees and its licensees in whole or in part, in print or any other media and in any product or service, now known or of underserved communities across Canada. Funding
created in the future, worldwide, in perpetuity, without compensation to the author. Any advertising published by The Globe and Mail in is available to eligible Canadian media organizations to
hire journalists or pay freelance journalists to produce
its publications may be published, displayed, distributed, retained and archived by The Globe and Mail, our assignees and licensees, The Local Journalism Initiative
civic journalism for underserved communities. The
worldwide, in perpetuity, in print or any other media and in any product or service, now known or created in the future. PRIVACY CODE Reporters are funded by the
content produced will be made available to media
Government of Canada
The Globe and Mail's privacy policy describes how we use your personal information and is available at globeandmail.com/privacy- organizations through a Creative Commons license so
terms/. COMPLAINTS For concerns about editorial content, contact publiceditor@globeandmail.com. If you are not satisfied with the that Canadians can be better informed.
response and wish to file a formal complaint, visit mediacouncil.ca or call toll-free at 1-844-877-1163 for more information.

WRTLO FRTECAST NATIRNAL FRTECAST

INUVIK
-15/-24S
TROAV SAT. SUN. TROAV SAT. SUN. IQALUIT
AMSTETOAM 16/4S 16/5S 14/4SC NANFF 5/-4SC 7/0C 8/0T -7/-10SF
ATHENS 20/10S 17/9S 16/12SC NATTIE 5/-1T 3/-5TS -5/-11SF
NANGKRK 32/27T 34/27T 35/27SC NTANORN -1/-11SC -5/-15SC -3/-7SC
WHITEHRTSE
NEIJING 16/4SC 18/3SC 14/3S CALGATV 9/-3SC 9/0SC 13/-1SC 3/-9SC
NETLIN 16/4S 14/4SC 14/4SC CHATLRTTETRWN 4/-1FT 5/-1SC 7/0T
NTUSSELS 16/4S 17/6S 15/4SC CHICRUTIMI 2/-2SN 2/-1SF 1/-11SF VELLRWKNIFE
CRSENHAGEN 12/7S 11/3SC 10/5SC CHUTCHILL -17/-25SN -22/-26SC -20/-26SC -22/-30S
HASSV VALLEV-GRRSE NAV
FTANKFUTT 16/1S 15/2S 17/3S CRTNET NTRRK 2/-2SC 2/-2SN 4/0T
CHUTCHILL -1/-11SC
HRNG KRNG 24/23T 24/20SC 21/18T CRTNWALL 8/2T 6/0T 0/-10SF
-17/-25SN ST. JRHN’S
JETUSALEM 9/3T 11/6S 12/5T EOMRNTRN 1/-5SC -1/-5C 4/-4SC
0/-3SC
LAS VEGAS 32/18S 34/18S 30/16S HALIFAX 9/1T 10/2SC 7/2T
LRNORN 17/6SC 17/8S 14/5SC HAMILTRN 5/1T 6/-2TS -1/-8C
EOMRNTRN
LRS ANGELES 27/14SC 25/13S 20/14SC HUNTSVILLE 3/-1T 3/-8TS -7/-15SF 1/-5SC
MAOTIO 14/8T 14/7T 15/7C IQALUIT -7/-10SF -6/-12SC -5/-10FG
MIAMI NEACH 25/17T 24/17S 24/18SC JASSET 5/-2TS 6/0T 6/0TS VANCRUVET TEGINA
MRSCRW 4/1C 6/-4T -2/-8SF KELRWNA 12/3C 12/5C 12/5T 12/7C WINNISEG
3/-9S
NEW OELHI 35/22S 36/22S 38/21S KINGSTRN 6/2T 5/0T 0/-10SF -3/-12SN RTTAWA HALIFAX
NEW VRTK 15/6SC 12/3T 8/-4SC LRNORN 6/1T 4/-3TS -3/-8SF MRNTTEAL 9/1T
8/1T
NICE 16/10SC 17/13SC 20/10SC MRNTTEAL 7/2T 6/0T 3/-7TS 7/2T
RTLANOR 25/13T 25/13S 24/13S NIAGATA FALLS 5/2T 6/-1T -1/-8SF SRTTLANO TRTRNTR NRSTRN
SATIS 18/6S 18/6S 19/5S NRTTH NAV 2/-1TS 1/-10SF -9/-16SF 16/8SC 6/1T 15/5T
SHRENIX 33/18S 35/19SC 35/19SC RTTAWA 8/1T 6/-2C -2/-11SF
TRME
SAN FTANCISCR
20/4S 21/10SC 21/8SC STINCE GERTGE 9/-1SC 5/-1TS 8/-2SC CHICAGR
7/1T WASHINGTRN
-30
13/10SC 14/10SC 14/11C SETETNRTRUGH 6/0T 5/-3T -3/-12SF
16/8SC
SERUL
SINGASRTE
16/10SC
30/26T
18/4T
29/26T
13/1T
30/26T
QUENEC
TEGINA
2/0TS
3/-9S
3/1SF 5/-5T
-1/-7C 2/-3SC
OENVET -20
16/5S
SVONEV
TRKVR
22/18T
15/13SC
23/19T
16/14T
22/19T
18/11SC
SASKATRRN
SAULT S. M.
-1/-9S -3/-8C 3/-4C
4/-2SC 0/-11SC -11/-13SC LAS VEGAS
-10
32/18S
WASHINGTRN 16/8SC 12/5T 11/-2SC SAINT JRHN
SEST-ÎLES
7/1T 6/3SC
-1/-2SN 1/-1SN 1/-1SF
6/1T
LRS ANGELES 0
27/14SC SHRENIX ATLANTA
ST. JRHN’S
SUONUTV
0/-3SC 1/0FT 4/1TS
2/0TS 1/-11SF -9/-15SF
33/18S 16/6SC 10
LEGENO
Daytime hi&h, ove|@i&ht low, a@d co@ditio@s THUNOET NAV
THRMSSRN
7/-9SC -5/-17C -7/-18SC
-13/-24SC -16/-26SC -11/-19S NEW RTLEANS
20
HRUSTRN
TRTRNTR
VAL O’RT
6/1T 6/-2T -1/-9C 25/13S 23/13S 30
C CLOUDY TS RAIN/SNOW 6/-1T 1/-14SN -11/-18SF Snow Rain Thunder Freezing
FG FOG S SUN VANCRUVET 12/7C 10/7T 10/5T storm rain MIAMI
25/16C
40
FT FREEZING RAIN SN SNOW VICTRTIA 11/7SC 10/7T 11/6T
HW HAZE SF SNOW FLURRIES WHISTLET 6/3T 6/3T 7/1T SAN JUAN
NA NOT AVAILABLE SH SHOWERS WHITEHRTSE 3/-9SC 1/-10SC 0/-10SC 28/22T
SC PARTLY CLOUDY T THUNDERSTORMS
Jet Warm Cold Occlusion Trough
WINNISEG -3/-12SN -8/-19SC -7/-9SC Stream Front Front ©The Weathe| Netwo|k 2022
T RAIN W WINDY VELLLRWKNIFE -22/-30S -18/-21SC -14/-16C

BRIDGE 1. Pass. There comes a time
BY STEVE BECKER when you’ve shown all your val-
FRIDAY, MARCH 25, 2022 ues and there’s nothing further
to show. True, partner opened
the bidding, but he has now
You are South, and the bidding signed off twice opposite your
has gone: two forcing bids. Obviously, he
must have a dead-minimum
opening bid. He presumably
would have shown more inter-
est in game (such as bidding
What would you bid now with three notrump instead of two) if
each of the following four hands? he had more than a dead mini-
mum. Since you have no values
beyond those already indicated,
it’s high time to put a stop to the
proceedings.
Another way to approach the
situation is to apply the general
principle that it normally takes
at least an opening bid to make
a game opposite a minimum
opening bid. Partner seems to
have a minimum, and you have
less than an opening bid, so the
combined total comes to less
than game.
2. Three spades. The purpose
of this bid is to tell partner that
you have 6-5 distribution. Part-
ner knows you would not repeat
your spades with only a four-card
suit, so he will credit you with
five spades. At the same time, he
will realize that you must have at
least six clubs, since you would
have bid spades first with five of
each suit.
3. Four hearts. Game is cer-
tain despite partner’s two weak
rebids. However, there’s still a
good chance for slam, and you
can suggest this by jumping to
four hearts, implying extra val-
ues while at the same time com-
pleting the description of your
4-3-1-5 distribution.
4. Three hearts. It is still not
clear whether the best game con-
tract lies in hearts, notrump or
clubs. The best way of pinpoint-
ing your shortage in diamonds is
by now showing heart support,
which, in conjunction with your
two previous bids, should make
it easier for partner to choose the
best final contract.
Ordinarily, K-x is not adequate
support for a suit partner has
rebid only once, since the rebid
might occasionally be based on
only five cards. But in the great
majority of cases, partner is far
more likely to have a six-card
suit, so a trial bid of three hearts
(forcing) is clearly the best
choice at this point.

C H A L L E N G E C RO S S WO R D SUDOKU DIFFICULTY RATING: HHHHH

1 2 3 4 5 6 7

8 9

10 11 12

13

14 15

16

17 18 19

20

21 22 23
INSTRUCTIONS Fill in the grid so that eaCh row of nine squares, eaCh Column of nine
and eaCh seCtion of nine (three squares by three) Contains the numbers 1 through 9
in any order. There is only one solution to eaCh puzzle.

KENKEN
24 25
INSTRUCTIONS
1. EaCh row and eaCh
CRYPTIC CLUES QUICK CLUES Column must Contain
ACROSS DOWN ACROSS the numbers 1 through
1 To voice (7) 6 without repeating.
1 One doesn’t make a 1 Band that breaks up? (5)
summer drink (7) 2 Car goes round a bend (3) 5 Language of Ancient Rome (5)
5 To order a cab is 8 Ruthlessly competitive (9) 2. The numbers within
3 Rounds of drinks (4) the heavily outlined
essential (5) 9 Set of equipment (3)
4 Just say he’s a craftsman (6) boxes, Called Cages,
8 Note price required for 10 For fear that (4) must Combine using
5 There’s not much that’s to 12 Very hot day (8)
entertainment (9) his credit presumably (8) the given operation (in
14 Place of business (6) any order) to produCe
9 After a round we have 6 Random inspection to see
something to pay (3) 15 Hasty untidy writing (6) the target numbers in
who has measles? (4,5) 17 Physically present (2,6)
10 Stop making a lot the top-left Corners.
7 He acted wildly having 18 Pack tidily (4)
of money (4) been defrauded (7) 21 Eccentric (3) Freebies: Fill in
12 Not such a great distance 11 Competitors who are 22 Colluding (2,7) 3. single-box Cages with
to travel (5,3) entitled to play (3,6) 24 Sortie (5) the numbers in the
14 Reasonably fair (6) 13 Good man rebuilt a 25 To empty (7) top-left Corner.
15 Extend a banquet (6) crock – for racing? (5,3)
17 It causes trouble as an 14 He was famous as DOWN
item of luggage (8) a chemist over half 1 Be pre-eminent (5) ©2022 KENKEN Puzzle LLC. KENKEN is a registered trademark of Nextoy, LLC. Dist. by Andrews MCMeel
18 Slide in flexible disk (4) Europe (7) 2 Learned exactly (3) www.kenken.Com
21 Welcome return for a girl (3) 16 I am surrounded by 3 Repeat (4)
4 Walk with stooping gait (6) YESTERDAY'S CRYPTIC
22 Makes me cry, this rambling roses and trees (6)
5 Ability to read and write (8) ACROSS: 1 Deanship, 5 Acts, 9 Ditto, 10 Premier, 11 Working party, 13 Mohair,
school subject (9) 19 Wood spirit (5) 14 Stamen, 17 Off the record, 20 Testate, 21 Leila, 22 Rest, 23 Playtime.
6 Be encouraged (4,5)
24 One who gets up part 20 Call used in boxing (4) DOWN: 1 Dodo, 2 Antioch, 3 Shook his head, 4 Impend, 6 Crier, 7 Spraying,
7 Inherent (7)
of the stairs (5) 23 Salt possibly used as 8 Despotically, 12 Impostor, 15 Martini, 16 Ordeal, 18 Fists, 19 Race.
11 Play down (4-5)
25 Ice-covered railway station a preservative (3) 13 Dearth (8)
in the South of France (7) YESTERDAY'S QUICK
14 Inauspicious (7) ACROSS: 1 Strident, 5 Acme, 9 Villa, 10 Crevice, 11 Extortionate, 13 Ledger,
16 Involuntary (6) 14 Stable, 17 Ride for a fall, 20 Genteel, 21 Alibi, 22 Term, 23 Academic.
19 Refuse (5) DOWN: 1 Save, 2 Relaxed, 3 Drag one’s feet, 4 Nicety, 6 China, 7 Ebenezer,
Solutions to today's Sudoku and Kenken can be found in the Life & Arts content 20 Gaming counter (4) 8 Get out of hand, 12 All right, 15 Belgium, 16 Frolic, 18 Donor, 19 Zinc.
area of the A section. Crossword solutions will be with tomorrow's puzzles. 23 Be indebted to (3)
F R I DAY, MA RC H 2 5 , 2 0 2 2 | T H E G LO B E A N D M A I L O NEWS | A19

[ SPRING ]

In bloom
A woman takes a photograph of
blossoming trees in Regent’s Park
on Thursday in London, England,
as spring weather takes hold
in the United Kingdom

LEON NEAL/GETTY IMAGES

North Korea conducts major missile test

JOSH SMITH
HYONHEE SHIN SEOUL
North Korea conducted what is
thought to be its largest inter-
continental ballistic missile
(ICBM) test ever on Thursday,
the South Korean and Japanese
militaries said, marking a dra-
matic end to a self-imposed mo-
ratorium on long-range testing.
It would be the first full-capa-
bility launch of the nuclear-
armed state’s largest missiles
since 2017, and represents a ma-
jor step in the North’s develop-
ment of weapons that might be
able to deliver nuclear warheads
anywhere in the United States.
The North’s return to major
weapons tests also poses a new
national security headache for
U.S. President Joe Biden as he re-
sponds to Russia’s invasion of
Ukraine, and presents a chal-
lenge to South Korea’s incoming
conservative administration.
“This launch is a brazen vio-
lation of multiple UN Security
Council resolutions and need-
lessly raises tensions and risks
destabilizing the security situa-
tion in the region,” White House
press secretary Jen Psaki said in a
statement.
“The door has not closed on
diplomacy, but Pyongyang must
immediately cease its destabiliz-
ing actions.”
North Korea had put its ICBM
and nuclear tests on hold since
2017, but has defended the weap-
ons as necessary for self-defence.
Amid stalled denuclearization
efforts that Mr. Biden has strug-
gled to jump-start, Pyongyang
has said U.S. overtures are insin-
cere as long as Washington and
its allies maintain “hostile pol-
icies” such as sanctions and mil-
itary drills.
North Korea’s missile launch
came as the world’s attention
was riveted on the Ukraine crisis
and was a jarring reminder that
its leader Kim Jong-un will not
be ignored.
South Korea’s outgoing Presi-
dent Moon Jae-in, who made en-
gaging North Korea a major goal
of his administration, con-
demned the launch as “a breach
of the moratorium on ICBM
launches that Chairman Kim
Jong-un himself promised to the
international community”.
It was also a serious threat to
the Korean peninsula, the region
and the international communi-
ty, and a clear violation of UN
Security Council resolutions,
added Mr. Moon, who is due to
leave office in May.
The latest missile launch was
an “unacceptable act of vio-
lence,” Japanese Prime Minster
Fumio Kishida said.
Thursday’s ICBM launch
prompted South Korea to test-
fire a volley of its own, smaller
ballistic and air-to-ground mis-
siles to demonstrate it has the
“capability and readiness” to
precisely strike missile launch
sites, command and support fa-
cilities, and other targets in
North Korea if necessary, South
Korea’s Joint Chiefs of Staff said
in a statement.
U.S. Secretary of State Antony
Blinken, who was in Brussels
where Mr. Biden met with fellow
Western leaders in a show of uni-
ty against the Kremlin’s war in
Ukraine, spoke by phone with
counterparts in Japan and South
Korea after the launch.
Japanese Foreign Minister
Yoshimasa Hayashi said they had
agreed that North Korea’s move
represented a clear and grave
challenge to the international
community.
Mr. Blinken and South Korean
Foreign Minister Chung Eui-yong
called for a decisive response
and agreed that additional mea-
sures by the UN Security Council
were essential, South Korea’s for-
eign ministry said in a state-
ment.
Thursday’s launch would be at
least the 11th North Korean mis-
sile test this year, an unprece-
dented frequency.
Japanese authorities said the
launch appeared to be a “new
type” of ICBM that flew for about
71 minutes to an altitude of
about 6,000 km and a range of
1,100 km from its launch site.
It landed inside Japan’s exclu-
sive economic zone, 170 km west
of the northern prefecture of Ao-
mori, at 3:44 p.m., the coast
guard said.
South Korea’s Joint Chiefs of
Staff put the missile’s maximum
altitude at 6,200 km and its
range at 1,080 km.
That is further and longer
than North Korea’s last ICBM test
in 2017, when it launched a Hwa-
song-15 missile that flew for 53
minutes to an altitude of about
4,475 km and range of 950 km.
South Korea’s JCS said the lat-
est missile was launched from
near Sunan, where Pyongyang’s
international airport is located.
On March 16, North Korea
launched a suspected missile
from that airport that appeared
to explode shortly after liftoff,
South Korea’s military said.
U.S. and South Korean officials
have warned recently that North
Korea had been preparing to
test-fire its largest ICBM yet, the
Hwasong-17. U.S. officials said
two recent tests featured the
Hwasong-17 system, but did not
demonstrate full ICBM range or
capability.
Pyongyang did not identify
the missile system used in those
launches, but said they were test-
ing components for a reconnais-
sance satellite system. This
month, leader Kim said North
Korea would soon launch mul-
tiple satellites to monitor mili-
tary movements by the United
States and its allies.
South Korean officials were al-
so examining whether North Ko-
rea on Thursday might have
launched its previously tested
Hwasong-15, possibly with its
rocket thrusters and warhead
weight adjusted to increase flight
time, Yonhap news agency re-
ported, citing unnamed sources.
Amid a flurry of diplomacy in
2018, Kim declared a self-im-
posed moratorium on testing
ICBMs and nuclear weapons, but
later suggested the North could
resume such testing amid stalled
denuclearization talks.
That moratorium had often
been touted as a success by for-
mer U.S. President Donald
Trump, who held historic sum-
mits with Kim in 2018 and 2019,
but never gained a concrete pact
to limit the North’s nuclear or
missile arsenals.
New construction has also
been spotted at North Korea’s
only known nuclear test site,
which was shuttered in 2018.
The looming prospect of pos-
sible nuclear tests, more joint
U.S.-South Korea military drills,
and the new conservative South
Korean president mean “all con-
ditions are present for a tit-for-
tat chain reaction of escalatory
steps”, said Chad O’Carroll, CEO
of Korea Risk Group, which mon-
itors North Korea.
“Though Biden would prefer
to focus exclusively on the Uk-
raine crisis, it’s likely he will
soon face crisis-level tensions be-
tween the Koreas,” he said.
REUTERS

Medicago: Deal represents a breach of Takeover: Advocate organization

the treaty, anti-tobacco advocates say
FROM A1
The spokesperson added that WHO
management will continue to discuss
the Medicago situation and how it ties
into a wider problem of the tobacco in-
dustry’s trend toward investing in
health.
In a trial done by the company, the
Medicago vaccine Covifenz was 71-per-
cent effective against all variants of the
virus, except for Omicron, which was
not circulating when the trial was con-
ducted. There are some indications the
vaccine produces neutralizing antibod-
ies against Omicron and the company
has said it will work to modify the vac-
cine as needed.
On Thursday, Innovation Minister
François-Philippe Champagne said Ot-
tawa is working with Medicago to find a
solution to get the vaccine to market.
The company is aware that the connec-
tion to Philip Morris presents a prob-
lem.
“I have spoken to the CEO a number
of times and we are looking at potential
solutions,” Mr. Champagne said in an
interview. “There will be a solution.”
He suggested Medicago is talking to
Philip Morris about the tobacco giant
disinvesting.
“The shareholding … is something
we are going to try to work with the
company to find a solution,” he said.
“We certainly want them to be success-
ful and we want to play a role in global
health and having a plant-based vaccine
is something you want to have in your
portfolio of technology.”
In a statement on Thursday, Takashi
Nagao, president and CEO of Medicago,
said he is aware of the decision and is
awaiting more details from the WHO, at
which point the company will discuss
potential next steps with its board and
shareholders.
Health Canada approved Covifenz,
the first made-in-Canada COVID-19 vac-
cine, last month. So far, Canada is the
only country to approve the vaccine and
the WHO decision could put its future
use in jeopardy.
The major point of contention is the
WHO Framework Convention on Tobac-
co Control, a treaty signed by Canada
and nearly 200 other countries that pro-
hibits collaboration with the tobacco in-
dustry.
Health Canada spokesperson Anne
Génier said in an e-mail Thursday that
the government believes it’s in compli-
ance with the treaty, which states that
tobacco-control health policy can’t in-
volve the tobacco industry. She said that
does not preclude investment in vac-
cine development.
But according to the WHO’s treaty-
implementation guidelines, signatories
shouldn’t let any branch of government
accept contributions from the tobacco
industry or those working with it. The
implementation guidelines also state
that signatories should not “endorse,
support, form partnerships with or par-
ticipate in activities of the tobacco in-
dustry described as socially responsib-
le.”
Anti-tobacco advocates say the deal
represents a clear breach of the treaty.
“This is the kind of behaviour we’ve
come to expect from tobacco compa-
nies, playing fast and loose with the
rules,” said Les Hagen, executive direc-
tor of Action on Smoking and Health,
referring to Philip Morris’s investment
in Medicago. “What’s disturbing about
this is there’s a government involved in
collaboration with a tobacco company.”
Mr. Hagen said many of the other
countries signed onto the treaty may
decide not to use the Covifenz vaccine
because of the controversy.
Rothmans, Benson & Hedges Inc., the
Canadian subsidiary of Philip Morris In-
ternational, did not respond to a re-
quest for comment.
When the WHO declared a pandemic
in March, 2020, Mr. Champagne said Ot-
tawa wanted to invest in all the families
of vaccines and that Medicago was a
promising plant-based version.
The fact that Philip Morris was an in-
vestor in the company was not taken in-
to account at the time, he said.
“We chose to invest in a company
which had a plant-based vaccine which
was recommended by experts as the
one that was most promising,” Mr.
Champagne said.
criticizes CRTC decision as ‘tone-deaf’
FROM A1 Rogers about potentially acquiring the
business.
Mr. Champagne said on Twitter that Mr. Staffieri called the CRTC’s approv-
Thursday’s decision does not change his al “an important milestone” that brings
position. “I will reject any deal that the company a step closer to completing
doesn’t ensure affordability for Cana- the takeover.
dians and a competitive wireless mar- “Together, Rogers and Shaw will ac-
ket,” he said. celerate investment in 5G and cable net-
Shaw’s broadcasting distribution works across Canada, offer consumers
business includes a satellite TV service and businesses more choice and compe-
called Shaw Direct, and cable television tition, and connect rural and remote
services in British Columbia, Alberta, communities faster than either compa-
Saskatchewan and Manitoba. ny could alone,” Mr. Staffieri said in a
More than two million Canadians statement.
subscribe to Shaw cable and satellite TV. Both Rogers and Shaw said they ex-
BCE Inc., which owns Bell Canada, pect the deal to close by the end of June.
and Telus Corp. had asked the CRTC to “We appreciate the CRTC’s thoughtful
reject Rogers’s application, arguing the inquiry and remain committed to work-
combined entity’s greater ing with government and
scale in the broadcasting regulators to achieve a suc-
distribution market would Rogers CEO Tony cessful completion of our
give it too much control proposed transaction with
over the availability of pro- Staffieri called the Rogers,” Brad Shaw, exec-
gramming. (Broadcasting CRTC’s approval utive chair and CEO of
distribution refers to the ‘an important Shaw, said in a statement.
delivery of television chan- milestone’ that OpenMedia, an organi-
nels through cable, satel- zation advocating for
lite or internet protocol brings the company widespread inexpensive
networks.) a step closer to internet access, called the
The CRTC is one of three completing the CRTC’s decision “tone-
federal bodies whose ap- takeover. deaf.”
proval is required for the “The CRTC claims their
takeover to proceed. The Competition modified version of the deal is in the
Bureau is reviewing whether the merger best interest of Canadians; in what
would substantially reduce competi- world is that true?” Matt Hatfield, cam-
tion, while the Ministry of Innovation, paigns director at OpenMedia, said in a
Science and Economic Development statement. “Every single guarantee Rog-
(ISED) is examining the transfer of spec- ers is making to secure our watchdogs’
trum – licences to the airwaves used to co-operation is a short-term payment or
transmit wireless services – from Shaw unenforceable promise; the long-term
to Rogers. outcome is clearly a net loss to everyone
In early March, after Mr. Champagne outside the Rogers and Shaw families.”
said he would not allow all of Shaw’s Other conditions attached to the
wireless licences to be included in the CRTC’s approval include that Rogers
takeover, Rogers CEO Tony Staffieri said must distribute at least 45 independent
the wireless giant will work with regula- English- and French-language services,
tors on a solution that preserves Cana- and that it must air 48 prime time local
da’s fourth-largest wireless carrier, news specials each year.
Shaw’s Freedom Mobile. The telecom and media giant is also
The Globe and Mail previously report- required to report to the CRTC on its pro-
ed that Freedom Mobile founder Antho- gress regarding the company’s commit-
ny Lacavera has made a $3.75-billion of- ments to increase the number of jour-
fer to buy back the wireless unit, and nalists it employs and create an Indige-
that rural internet provider Xplornet nous news team, among other condi-
Communications Inc. is in talks with tions.
  

 
  

    

  
     

 I 
 
A  

"  0  

     !   " $ 
           
    $$ $
    $  
       $    
    

               
 $   $     
     $     

0 

 

I  I

I
I  
I I
         2  -  
    




 
II

 

 
        
      A    
  /   

"2
 OT TAWA/ Q U E B EC E D I T I O N
S&P/TSX DOW
21,937.89 34,707.94
+5.71 +349.44
Canada to boost energy exports
to U.S. amid global supply crisis
Additional 300,000 barrels of oil and natural gas a day expected by end of year, Ottawa says
BRENT JANG
EMMA GRANEY
Canada says its producers can boost ex-
ports of oil and natural gas to the United
States this year, as part of an international
effort to help the world move away from
Russian energy after Moscow’s invasion of
Ukraine.
By the end of this year, Canadian pro-
ducers will be positioned to export an ex-
tra 200,000 barrels a day of oil to the U.S.,
as well as natural gas equivalent to 100,000
barrels of oil, Natural Resources Minister
PORT OF VANCOUVER SEEKS EXPANSION
Country’s largest port handled a record amount of containers in 2021, but warns
a new terminal is needed to prevent future supply-chain disruptions B2
Nearly 3.7 million container TEUs (20-foot equivalent units) of imports and exports went through the Port of Vancouver
in 2021, up 6 per cent compared with 2020, and the fifth straight year of record traffic. DARRYL DYCK/THE CANADIAN PRESS
Federal carbon pricing’s effect on economy leaves
most households worse off financially, PBO study says
PATRICK BRETHOUR
TAX AND SPEND
F
ederal carbon pricing leaves a ma-
jority of households financially
worse off once its impact on the
wider economy is added into the
equation, concludes a new study from the
Parliamentary Budget Officer.
The study, released on Thursday, adds
up the direct costs households pay in the
four provinces that are subject to federal
carbon pricing, and the indirect costs
passed on to them by businesses. Previ-
ous PBO studies have done the same. But
this latest version goes on to include the
SPORTS
B13-B18
■ FRIDAY , M ARCH 2 5, 2022
S&P 500 NASDAQ
4,520.16 14,191.84
+63.92 +269.24
Jonathan Wilkinson said during a confer-
ence call from Paris on Thursday after a
meeting of the International Energy Agen-
cy (IEA).
The increase is intended to free up oil
and gas supplies in the U.S. and elsewhere,
so that those countries can in turn reroute
fuel to the European Union, which relies
on Russia for roughly one third of the oil it
consumes, and 40 per cent of its natural
gas.
The anticipated rise in Canada’s oil and
gas exports would be relatively small, but
Mr. Wilkinson said every bit counts in the
effort to strengthen global supplies out-
[ SHIPPING ]
costs of reduced growth in income and
capital that result from Ottawa’s signature
climate policy, which imposes escalating
fees on the use of fossil fuels and offsets
those payments with rebates to house-
holds.
The PBO says the highest earning 60
per cent of households in Ontario, Mani-
toba, Saskatchewan and Alberta are worse
off under carbon pricing than if the policy
did not exist, while the bottom 40 per
cent are somewhat better off in the cur-
rent fiscal year.
That is in contrast with – although not
a contradiction of – the Liberals’ much-
repeated assertion about the costs of car-
bon pricing, namely that 80 per cent of
households receive more in offsetting
AG R I C U LT U R E T EC H N O LO GY
Canada to resume Vancouver-based
exports of PEI WonderFi closes
potatoes to U.S. deal to buy
after parasite crypto exchange
halted trade B7 Bitbuy B3
JOHN MORRIS/
THE GLOBE AND MAIL
CURLING Kerri Einarson closes in on women’s world championship playoffs
HOCKEY Akim Aliu wants to play again, but his heart and mind are on Ukraine
■ G LO B E A N D M A I L . CO M
DOLLAR GOLD (oz.)
79.71/1.2545 US$1,962.20
+0.16/-0.0026 +24.90
side Russia.
He estimated that the extra Canadian
oil exports to the U.S. would represent an
increase of 5 per cent over existing ship-
ments.
Canada is limited in its ability to make
big gains in oil and gas output owing to
scarce new export pipeline capacity.
“It will take some time to fully move
away from Russian oil and gas for some of
these countries like Germany that are
quite heavily dependent,” Mr. Wilkinson
said. “Any additional amounts can help to
start that process.”
ENERGY, B6
payments than they pay in carbon costs.
“In provinces where our system is in
place, 8/10 families get back more than
they paid,” Environment and Climate
Change Minister Steven Guilbeault wrote
in a Twitter post on Wednesday as the
government announced the size of cli-
mate change payments to households for
the coming fiscal year.
Parliamentary Budget Officer Yves Gi-
roux said the government’s assertion is
correct but that it is “only part of the pic-
ture.” Not included in the government’s
assessment are factors such as reduced
growth in employment earnings and in-
vestment income resulting from higher
carbon costs.
CARBON, B6
G LO B E I N V E STO R
Twelve sensible
tax tips to keep
you on track
while filing
your return B8
OIL (WTI) GCAN (10-YR)
US$112.34 2.39%
-2.59 +0.08
Investor group
threatens to
derail receiver’s
wind-up plan
for Bridging
GREG MCARTHUR
TIM KILADZE
A mysterious and anonymous
group claiming to be investors in
Bridging Finance Inc. has threat-
ened to derail a proposal by the
troubled lender’s court-appoint-
ed receiver to wind up its oper-
ations.
The anonymous group, which
refers to itself in legal filings as
“Certain Bridging Unitholders,”
will ask a judge at a hearing on Fri-
day to reject a recommendation
made by receiver Pricewaterhou-
seCoopers LLP (PwC), which is
seeking permission to officially
terminate its unsuccessful, five-
month effort to sell Bridging’s
loan book. Instead, PwC has pro-
posed it should oversee Bridging’s
outstanding loans and eventually
dissolve the company – a move
that it says will bring better and
more immediate returns to Bridg-
ing investors than the offers it re-
ceived during the bidding proc-
ess. A legal team from Bennett
Jones LLP, which was appointed
by the court to advocate for the in-
terests of the investors, fully sup-
ports PwC’s proposal.
But that is not acceptable to
“Certain Bridging Unitholders,”
which is calling for more outreach
to investors and has urged them,
in a news release, to consider an
alternative plan put forward by
BlackRock Financial Manage-
ment Inc., the New York asset
management giant that is also a
significant creditor to Bridging.
BRIDGING, B6
Canada,
Britain begin
negotiations
on free-trade
agreement
STEVEN CHASE
SENIOR PARLIAMENTARY
REPORTER
Canada and Britain are set to be-
gin negotiations on a free-trade
agreement as the British govern-
ment seeks a post-Brexit trading
deal, with the sticking points like-
ly to be farm products.
International Trade Minister
Mary Ng and her counterpart, U.K.
Secretary of State for Internation-
al Trade Anne-Marie Trevelyan,
announced in Ottawa Thursday
that the first round of negotia-
tions on a permanent trade deal
would begin on March 28. They
said the timeline for negotiations
is two years. Britain ranks as Cana-
da’s second- or third-largest ex-
port market depending on
whether you factor in just mer-
chandise trade or include trade in
services, said Mark Agnew, the
Canadian Chamber of Commerc-
e’s senior vice-president of policy
and government relations.
The toughest areas to nego-
tiate, like many foreign trade
deals, will be the politically sensi-
tive agriculture sector as farmers
in both countries try to protect
their domestic markets.
TRADE, B4
COMPANIES
BOYD GROUP SERVICES ........ B9
BROOKFIELD ASSET
MANAGEMENT ...................... B3
COLUMBIA CARE ................... B9
CRESCO LABS ........................ B9
LASSONDE INDUSTRIES ........ B9
NEIGHBOURLY PHARMACY ... B9
UBER TECHNOLOGIES ........... B3
B14
B15
B2 | R E P O RT O N B U S I N ES S O T H E G LO B E A N D M A I L | F R I DAY , M A RC H 2 5 , 2 0 2 2

[ DECODER ]

I
The trouble with today’s steep inflation? t would be one thing if lofty inflation was confined to durable
goods, such as dishwashers and couches. Many households could
The constant reminders punt those purchases to a later date, hoping that jammed supply
chains would normalize and prices would follow suit.
Instead, this recent bout of high inflation is unavoidable.
The annual inflation rate for frequently purchased items was 6.8 per
cent in February, compared with 4.6 per cent for less frequently pur-
A D E EC D chased goods and services, according to Philip Smith, a retired econo-
O S O RO OR mist and the former assistant chief statistician at Statistics Canada.
S T R OU U UU T R OU U As part of his analysis, Mr. Smith divvied up everything that goes
into the consumer price index into two camps, with the more fre-
DP quently purchased items including much of what we need to survive:
food, electricity, water and rent, along with gasoline.
There’s a body of economic research on frequency bias, showing
that regularly purchased goods (such as food and gas) have an out-
sized impact on the public’s inflation expectations, particularly when
those prices are rising quickly, as they are today. That’s a concern for
central bankers, who want to keep inflation expectations in check,
given that companies set prices and workers negotiate wages in antici-
pation of future costs.
If the public thinks high inflation is the new normal, the Bank of
Canada could be forced to raise interest rates in aggressive fashion.
Thus far, the central bank says long-term expectations of inflation are
“well anchored.” However, Bank of Nova Scotia recently published a
E report that argued expectations became unmoored in late 2021. The
I L M LIL L L I I bank sees a speedy course of rate hikes, from 0.5 per cent to 2.5 per cent
L I by year’s end. MATT LUNDY

Decoder is a weekly feature that unpacks an important economic chart.

Port of Vancouver eyes increased capacity

CEO says disruptions
will become more
frequent without ability
to handle greater
shipping volumes
BRENT JANG VANCOUVER
The Port of Vancouver handled a
record number of containers last
year and warns that unless it ex-
pands shipping capacity, serious
disruptions will become more fre-
quent and widespread through-
out Canada’s supply chains.
“It matters to every Canadian,
anyone who’s buying anything in
a store that has been manufac-
tured in Asia,” Robin Silvester, the
port’s chief executive officer, said
in an interview on Thursday.
The Vancouver Fraser Port Au-
thority is touting its plans for a
new $3.5-billion container termi-
nal to be located near Delta, B.C.,
about 30 kilometres south of Van-
couver. The project, called Ro-
berts Bank Terminal 2 (RBT2),
would be a crucial expansion of
container capacity on the West
Coast, Mr. Silvester said.
The shipping industry deploys
large vessels to carry containers,
which are reusable steel boxes.
Container trade is tracked
E B D E D CD E E BBC
SO MA SS T O R R U SR O R
I L M
through an industry measure-
ment called TEUs (20-foot equiv-
alent units).
Nearly 3.7 million TEUs of ex-
ports and imports went through
the Port of Vancouver in 2021, up 6
per cent compared with 2020. It
marks the fifth consecutive year
that a new annual record has been
set for container traffic at Cana-
da’s largest port.
But it was also a record year for
empty containers, underscoring
the bumpy recovery in global
trade during the COVID-19 pan-
demic.
Besides continuing disruptions
to the supply chain overseas, ex-
S R
N MN
treme weather in British Colum-
bia last fall exacerbated a bottle-
neck of cargo ships, holding up
consumer goods arriving from
Asia and delaying exports from
Canada’s West Coast.
The pursuit of the scarce metal
boxes around the world has had a
ripple effect, making it more diffi-
cult for exporters based in Canada
to get their hands on them.
Rather than waiting for con-
tainers to be loaded with Cana-
dian goods, shipping companies
have been paying for them to be
sent to Asia empty, so that they
can be filled faster for the trip back
to Canada.
There were 876,905 TEUs of
empty containers exported from
Canada’s largest port last year, up
56 per cent from 2020. For every
full container exported from the
port last year, one was sent back
empty.
In sharp contrast, the vast ma-
jority of the more than 1.9 million
TEUs of imported containers were
filled with goods, with only 14,604
TEUs of empties.
In total, the Port of Vancouver
saw an improvement in overall
cargo volumes of 1 per cent to
146.5 million tonnes last year –
just shy of the record 147 million
tonnes posted in 2018.
Problems in the supply chain
are part of what has been driving
inflation, Mr. Silvester said. “If we
don’t move Terminal 2 forward,
we’re creating our own problem
that’s going to contribute to infla-
tion when we run out of capacity
in the next five years.”
The port authority believes
that the three-berth RBT2, to be
completed by 2030, would be nec-
essary to meet an anticipated in-
crease in transpacific traffic, not-
ing that congestion on the West
Coast affects consumers across
the country. A decision on RBT2
by the federal cabinet is expected
to be made by this fall.
RBT2, however, is facing oppo-
sition from one of the port’s own
tenants, GCT Global Container
Terminals Inc., which runs its
three-berth container site near
Delta.
Under its proposed Deltaport 4
expansion to create a fourth
berth, GCT has forecast a total cost
of $1.6-billion to add two million
TEUs of annual container capaci-
ty at its facility by 2031. RBT2
would add 2.4 million TEUs a year
for more than twice the estimated
price of the Deltaport 4 project.
Factoring in capacity expan-
sion at the Port of Prince Rupert in
northern B.C., there isn’t any ship-
ping crisis looming on the West
Coast within five years, said Mar-
ko Dekovic, vice-president of pub-
lic affairs for GCT Global Contain-
er Terminals Inc., which operates
two sites that handle containers
in the Vancouver region.
“Nonsensically expanding ter-
minal capacity without address-
ing the infrastructure leading to
them is not the solution to the
supply-chain problems,” Mr. De-
kovic said in an interview. “The
port’s solution is to a problem
that doesn’t exist.”
China is the largest shipper in
and out of the Port of Vancouver.
Canadian trade with China rose
8 per cent last year at the Port of
Vancouver, fuelling the overall in-
crease in cargo volumes. China ac-
counted for 37.5 million tonnes of
exported and imported cargo in
2021.

Canada needs a modern privacy law before allowing open banking

RITA for now.
TRICHUR As easy as it is to be seduced
by newfangled technologies,
OPINION there are risks involved with any
kind of financial innovation.
(Americans learned that lesson
cluding Britain.
“We have seen the kinds of
benefits that come with open
banking in other jurisdictions,
and Canada has already fallen
behind our peers,” reads their re-
proposals are simply not a sub-
stitute for strong privacy laws.
Many pieces of legislation in
Canada pertain to privacy rights
(at both the federal and provin-
cial levels). But crucial to the is-
It’s really important that Otta-
wa gets it right because our pri-
vacy laws are antiquated relative
to other countries, such as those
in the European Union, which
are also examining open bank-

C
hange tends to occur at a
snail’s pace in Canada –
and for once that might
not be such a bad thing.
The Trudeau government is
taking another baby step toward
spurring more competition in
the financial-services sector by
appointing Abraham Tachjian as
its open banking czar. Mr. Tach-
jian, who is a digital doyen, now
faces the laborious task of devel-
oping a made-in-Canada open
banking regime.
Open banking, of course, is a
system that would allow con-
sumers and small businesses to
securely share their financial da-
ta among financial-services pro-
viders such as banks and accred-
ited fintechs. Also known as con-
sumer-directed finance, it her-
alds the promise of giving
Canadians more control over
their financial data and making
it easier for them to switch lend-
ers, open accounts and use new
digital tools to manage their
money.
It’s all very enticing, especially
since our banks always seem to
find new ways to squeeze more
service fees out of us. That’s why,
dear readers, it pains me to be an
open banking buzz kill – at least
the hard way during the finan-
cial crisis of 2007-09.) That’s why
we should be relieved Ottawa
isn’t rushing headlong into open
banking despite mounting pres-
sure from financial technology
startups, or fintechs.
This might be the one in-
stance where our legislators’
knack for puttering is actually a
blessing in disguise. The fact is,
the federal government should
modernize our privacy laws be-
fore giving open banking the
green light.
Although Ottawa is promising
to strengthen privacy rules, its
legislative overhaul should begin
immediately and inform Mr.
Tachjian’s work on open bank-
ing.
Although logic often escapes
our elected officials, it should be
obvious that giving fintechs easy
access to our confidential bank-
ing information without proper
privacy protections could spell
disaster for consumers.
This isn’t the message that
fintechs want us to hear. Accord-
ing to those entrepreneurs, Otta-
wa should introduce open
banking lickety-split because
Canada is already a laggard com-
pared with other countries, in-
cent open letter to the govern-
ment. “Canadians will be poorer
for it, and the Canadian finance
sector will be weaker for lack of
innovation and competition.”
As easy as it is to be
seduced by newfangled
technologies, there are
risks involved with any
kind of financial
innovation. (Americans
learned that lesson the
hard way during the
financial crisis of
2007-09.)
Of course, fintechs are in a
hurry for open banking – their
business models depend on ac-
cessing our private financial da-
ta. But rushing full steam ahead
isn’t the way to build trust with
consumers.
Although a federal advisory
committee on open banking has
provided recommendations on
limiting the scope of customer
information accessible by fin-
techs and on holding companies
liable for data breaches, those
sue of open banking is an over-
haul of the federal Personal In-
formation Protection and Elec-
tronic Documents Act (PIPEDA).
The Trudeau government had
begun work on an update of
PIPEDA, but Bill C-11, as it was
known, died because of the last
election call.
It’s a good thing that C-11 met
its demise. The proposed legisla-
tion was widely criticized for pri-
oritizing commercial interests
over the privacy rights of ordi-
nary Canadians. It’s not yet
known when Industry Minister
François-Philippe Champagne
will introduce new privacy legis-
lation, but it appears that he has
taken note of such concerns.
“In terms of timing, Minister
Champagne has stated that re-
form of the private sector privacy
law is a top priority,” his office
said in an e-mailed statement.
“The minister has also indicated
that new legislation will consider
stakeholders’ comments on the
former Bill C-11.”
Mr. Champagne is also appro-
priately focused on harmonizing
privacy laws across the country
so Canadians receive the same
protections from coast to coast
to coast in the digital economy.
ing.
“It’s about consumer-driven
data sharing where a customer,
you and I, should have the right
to control, edit, manage and de-
lete all of the information about
themselves,” Sylvia Klasovec
Kingsmill, global cyber privacy
leader and partner for KPMG,
said during a recent interview.
“We are waiting to see what
the next draft of the legislation
should look like in order for it to
work. And it must be under-
pinned by strong privacy protec-
tions,” she added.
That means the government
must strike the right balance by
adequately protecting consum-
ers without stifling innovation
by fintechs.
Although the federal advisory
committee recommended
launching an open banking sys-
tem in Canada as early as Janu-
ary, 2023, that timeline is no
longer realistic.
Fintech entrepreneurs need to
settle in for a while. Time passes
slowly in Ottawa.
As much as Canadians crave
choice, Ottawa cannot risk put-
ting the cart before the horse on
open banking. Our privacy laws
must be updated first.

U.S. TECH GIANTS FACE TOUGH NEW COMPETITION RULES AS EU COUNTRIES, LAWMAKERS CLINCH DEAL

Alphabet Inc.’s Google, Ama-
zon.com Inc., Apple Inc., Meta
Platforms Inc. and Microsoft
Corp. may have to change their
core business practices in Europe
as EU countries and EU law-
makers on Thursday clinched a
deal on landmark rules to curb
their powers.
France, which currently holds
the rotating European Union
presidency, said in a tweet that
there was a provisional agree-
ment after eight hours of talks.
EU industry chief Thierry Breton
also confirmed the news in a
tweet.
Proposed by EU antitrust chief
Margrethe Vestager just over a
year ago in response to the slow
pace of competition investiga-
tions, the Digital Markets Act
(DMA) sets out rules for compa-
nies that control data and plat-
form access.
Under the DMA, the tech
giants will have to make their
messaging services interoperable
and provide business users
access to their data. Business
users would be able to promote
competing products and services
on a platform and reach deals
with customers off the platforms.
The rules prohibit the compa-
nies from favouring their own
services over rivals’ or prevent-
ing users from removing prein-
stalled software or apps.
The DMA will apply to compa-
nies with a market capitalization
of €75-billion ($103-billion),
€7.5-billion in annual turnover
and at least 45 million monthly
users.
Companies face hefty fines up
to 10 per cent of their annual
global turnover for breaching the
rules and as much as 20 per cent
for repeat offences. REUTERS
F R I DAY, MA RC H 2 5 , 2 0 2 2 | T H E G LO B E A N D M A I L O
WonderFi closes deal to acquire
crypto exchange Bitbuy
O’Leary-backed company
buys trading platform after
months of regulatory scrutiny
TEMUR DURRANI TECHNOLOGY REPORTER
Vancouver-based WonderFi Technologies
Inc. is set to close its deal to buy Toronto-
based cryptocurrency trading platform
Bitbuy Technologies Inc. after months of
regulatory scrutiny that pushed provin-
cial and territorial authorities across Can-
ada to shape new policy around mergers
and acquisitions in the controversial dig-
ital asset and blockchain sector.
Operating under parent First Ledger
Corp., Bitbuy became the first regulated
crypto marketplace in the country when
it received approval from the Ontario Se-
curities Commission late last year.
Kevin O’Leary, of Dragon’s Den and
Shark Tank fame, is a strategic investor in
WonderFi and often the public face for the
company. The acquisition of Bitbuy is
worth $206-million in cash and shares,
and was announced in early January. But
since then, executives at both companies
said, they faced many hurdles before a
deal could be finalized this week.
Much of the delay stemmed from the
fact that there is no precedent or estab-
lished policy for regulators to turn to
make their decisions about the sector.
This is the first time securities regulators
from all 10 provinces and three territories
were asked to approve a change of control
in which a publicly traded company was
acquiring a regulated crypto exchange,
both already functioning in multiple ju-
risdictions prior to the deal.
Regulators also had to assess financial
technology that has yet to be formally re-
viewed in this country. So-called decen-
tralized finance (DeFi) has become enor-
mously popular around the world owing
to rock-bottom interest rates and a yearn-
ing for the more substantial returns cryp-
to can provide. DeFi is also popular be-
cause it is based on secure distributed led-
gers (blockchains), which remove the
control that banks and other traditional
institutions have on money, products and
services.
On the other hand, there is also cen-
tralized finance (CeFi), which offers some
of the ease of use and security that tradi-
tional financial products provide. CeFi us-
ers with electronic wallets for their crypto
can earn interest on savings, and borrow
or spend money much like a debit card.
CeFi is usually managed by a business or a
consortium of companies and organiza-
tions.
Both types of technology handle cryp-
tocurrencies, albeit through differing
mechanisms and applications.
Mr. O’Leary said the WonderFi-Bitbuy
deal brings CeFi and DeFi under the same
roof, along with financial instruments for
play-to-earn blockchain gaming and non-
fungible tokens.
“It’s the real reason I found this invest-
ment to be so compelling,” Mr. O’Leary
said in an interview. “The metric that
matters to me the most is customer ac-
quisition cost. What I don’t want to see
happening is losing someone who came
onto our platform because of the merits
of decentralization then walked away all
of a sudden because they decided they’d
Investor Kevin O’Leary, far left, stands with WonderFi CEO Ben Samaroo, far right, and
social-media influencer Josh Richards, an investor in the company.
like to have a centralized wallet. Why
would I want that? I spent all that money
acquiring that customer.”
Michael Arbus, chief executive officer
of Bitbuy, said the acquisition sets the
stage for the company’s long-term plans,
allowing it to grow at a faster rate and
“aggressively” expand into countries such
as the United States and Australia.
Mr. Arbus believes crypto companies
will soon have to face a global reckoning,
in which a few large players will increas-
ingly buy out many smaller ones that are
struggling to meet the high costs and obli-
gations of regulatory registration.
“People have been talking about this
for a while, but I think it’s finally here.
This deal will be a starting gun for consol-
idation in the crypto space,” Mr. Arbus
said.
WonderFi is funding the acquisition by
issuing 70 million new shares, paying $20-
million upfront and promising $30-mil-
lion in deferred cash via vendor financing.
The deal allows the Vancouver compa-
ny to gain access to Bitbuy’s roster of
more than 375,000 Canadian clients who
buy and sell 16 different cryptocurrencies.
The exchange has processed $4.4-billion
in transactions since 2018.
“It certainly wasn’t easy to get here,
though. Our industry moves at the speed
of light and regulators do not,” said Ben
Samaroo, co-founder and chief executive
officer of WonderFi. “The biggest chal-
lenge was really getting regulators up to
speed on what exactly we’re doing here
and educating them about DeFi.”
In the end, every provincial and territo-
rial regulator approved the Bitbuy acqui-
sition through the Canadian Securities
Administrators. Apart from Alberta and
British Columbia, however, all other au-
thorities said they would continue to re-
view WonderFi’s DeFi technology before
allowing full access to it in their jurisdic-
tions.
Erica Pimentel, a professor at the Smith
School of Business at Queen’s University,
who studies blockchain technologies, said
cultural and institutional differences
among provinces and territories could ex-
plain why Alberta and British Columbia
chose not to limit WonderFi whatsoever
while others did. But she said jumping
through regulatory hoops might actually
be a good thing for the crypto sector.
“We can say that the bar is too high for
the crypto space. Certainly, some smaller
players may never be able to enter the
market because of it. And yet, there are
good reasons for this,” Prof. Pimentel said.
“Regulators strike the balance between fa-
cilitating innovation and making sure we
all don’t get defrauded. Things like that
have happened before.”
Despite those hurdles, Mr. O’Leary said
he still thinks Canada’s regulators are “the
most enlightened compared to other ge-
ographies with the potential to be a global
leader for this space.” He said acquiring
Bitbuy also ensures a “stronger, domestic
defence against foreign unregulated ex-
changes,” such as Coinbase, Crypto.com,
FTX and Binance.
In total, Bitbuy and WonderFi have
raised $100-million over the past 12
months – the largest amount of capital
raised by a crypto platform in Canada.
WonderFi shares closed at $1.47 on the
NEO stock exchange Thursday, up 4.3 per
cent.
R E P O RT O N B U S I N ES S | B3
UBER WILL ADD THOUSANDS
OF NEW YORK’S
YELLOW TAXIS TO ITS APP
Uber Technologies Inc. said it
will list New York’s yellow taxis
on its app, a move that marks
the company’s latest expansion
into the taxi market and could
help the ride-hailing giant
overcome a driver shortage in
its biggest U.S. market.
The city has for years been a
battleground between Uber and
yellow taxi drivers, who have
long protested the company’s
technology on grounds that it
disrupted the industry and
limited their earnings.
The deal would see Uber
work with taxi software compa-
nies Creative Mobile Tech-
nologies and Curb, whose apps
together account for all the
yellow cabs in New York.
It is likely to bring cab driv-
ers more business at a time
when the spike in gas prices
has further wounded an indus-
try buffeted by the COVID-19
pandemic.
Passengers will pay roughly
the same fare for taxi rides as
for Uber X rides, according to
the Wall Street Journal, which
first reported the news.
Uber, whose shares closed up
4.96 per cent Thursday, has in
recent months struggled to
keep up with a demand surge
brought by the lifting of coro-
navirus curbs.
The partnership will “add
tens of thousands of vehicles to
the Uber platform in New York
City and beyond,” Curb said in
a statement.
Uber said it now has more
drivers on its platform in the
United States than at any point
during the pandemic and that
the fuel price surge had not
affected its driver base. REUTERS
BROOKFIELD IN EARLY
STAGES OF CONSIDERING
POSSIBLE OFFER FOR
BRITAIN’S HOMESERVE
Canada’s Brookfield Asset Man-
agement said on Thursday one of
its private infrastructure funds
was in the early stages of consid-
ering a possible offer for home re-
pair services provider Home-
Serve PLC.
The home repair services in-
dustry was a big winner of pan-
demic lockdowns as homebound
customers spent more time and
money on renovations, boosting
the sector’s sales.
In the six months to Sept. 30,
U.K.-based HomeServe’s adjusted
earnings jumped 27 per cent
thanks to a strong performance
in its North America market.
Brookfield said it would either
announce a firm intention to
make an offer for the London-list-
ed firm or walk away from it by
April 21.
HomeServe said in a separate
statement it had not received an
approach from Brookfield.
REUTERS
B4 | R E P O RT O N B U S I N ES S
Canada, U.K. share huge future-trade ambitions
Proposed agreement
would help both
countries build upon an
economic partnership
that is worth billions
ANNE-MARIE TREVELYAN
OPINION
Britain’s Secretary of State for
International Trade. She’s visiting
Ottawa this week.
C
anada, like the United
Kingdom, has always been
a great trading nation.
It’s a global nation, built upon
the boundless ingenuity of peo-
ple from around the world who
crossed oceans to make Canada
their home.
The waves of immigrants in-
cluded the family of my father, a
proud Canadian, who was born
and raised in Toronto (so I may
be a little biased).
The country is, and always has
Trade: Financial services negotiations will be challenging, lawyer says
FROM B1
“It’s agriculture, agriculture, agri-
culture,” Mr. Agnew said.
Two-way trade between Cana-
da and Britain is currently gov-
erned by a temporary trade deal
enacted after Britain left the Eu-
ropean Union at the end of Janu-
ary, 2020. This interim Trade
Continuity Agreement carried
forward the benefits of the Cana-
da-European Union Comprehen-
sive Economic and Trade Agree-
ment.
For Canadian farmers, much
will depend on whether British
producers will be granted addi-
tional tariff-free access to this
country’s heavily protected dairy
markets, largely sheltered from
global trade, and what kind of
unfettered access Canadian beef,
pork and grain producers will get
to British consumers.
The costliest decision for Can-
ada may be how much compen-
sation it will have to pay Cana-
dian dairy farmers to accept addi-
tional tariff-free cheese imports
from Britain. The federal govern-
ment committed to billions of
dollars in compensation for dairy
trade concessions made in past
trade deals including the Trans-
Pacific Partnership pact and the
Canada-EU trade agreement.
Prime Minister Justin Tru-
deau’s government has vowed
not to grant Britain any further
access than what it had under the
EU trade deal to Canada’s heavily
protected dairy, eggs or poultry
markets – part of this country’s
sheltered supply-management
It’s sink-or-swim time for Canada’s oil and gas industries
EDWARD GREENSPON
WAYNE WOUTERS
OPINION
Edward Greenspon is president and
CEO of the Public Policy Forum.
Wayne Wouters is strategic and
policy adviser at McCarthy Tetrault
LLP and former Clerk of the Privy
Council. They co-chair the Energy
Future Forum’s strategy group.
T
he federal government is
putting the finishing tou-
ches on its next chapter in
the intensifying battle against cli-
mate change. In a recent op-ed,
Natural Resources Minister Jo-
nathan Wilkinson and Environ-
ment Minister Steven Guilbeault
rightly said what should be obvi-
ous – that getting to net-zero
emissions will only happen “if we
use every tool at our disposal.”
This month the government
will begin setting out a road map
to achieve our updated Paris
emissions reduction target of 40
per cent to 45 per cent and an in-
vestment tax credit to promote
carbon capture and storage for
high-emitting industries, includ-
ing oil and gas. It is going to be
hard to achieve those emissions
cuts without using carbon cap-
ture technology.
Achieving our Paris accord ob-
jectives and ultimately reducing
emissions to net zero is obviously
a non-negotiable. The question
lies in the how. Policies aside, a
scarcity of strategic clarity under-
mines the ability to secure the so-
cial, economic and political con-
sensus necessary to hold public
support steady over a matter of
decades.
been, a linchpin of international
trade and a driving force of glob-
al economic progress, which is
why we make such perfect trad-
ing partners.
We share huge ambitions for
the future of trade and together
are carving out a trade relation-
ship that can go further and fas-
ter than ever before.
Canadian International Trade
Minister Mary Ng and I met this
week to officially launch negotia-
tions on a new and progressive
free-trade agreement between
our countries to help us achieve
that goal. We’re building upon an
economic partnership that was
worth more than £19-billion
($32-billion) in 2020, despite the
impact of the global pandemic.
This deal will focus on areas
where our two countries excel,
from our world-leading financial
services sectors to our thriving
tech startup ecosystems.
We’re satisfying the burgeon-
ing appetite for trade on both
sides of the Atlantic – with one
in four Canadian businesses cit-
ing Britain as a top export desti-
nation.
International Trade Minister Mary Ng, right, and her counterpart, U.K. Secretary of State for International Trade
Anne-Marie Trevelyan, announced in Ottawa Thursday that the first round of negotiations on a permanent
trade deal would begin on March 28. ADRIAN WYLD/THE CANADIAN PRESS
system. “The government will …
fully defend Canada’s supply
management system for dairy,
poultry and eggs, including by
not conceding any additional
market access for supply-man-
aged goods,” the Trudeau gov-
ernment said in a recent state-
ment to Parliament on negotiat-
ing objectives.
Mr. Agnew said that, notwith-
standing the red line that Ottawa
Canadian opinion leaders ad-
vance two competing visions for
achieving Canada’s Paris targets
and net-zero objective – an accel-
erated phaseout approach, versus
an aggressive decarbonization
one.
The crux of the difference re-
volves around the role of Cana-
dian oil and gas production as
consumption is induced down-
ward. The accelerated phaseout
vision, confident that renewables
and efficiencies will satisfy the
energy demands for transporta-
tion, home heating and industrial
activity, would see oil and gas pro-
duction curtailed in the near
term. This is the course Germany
and other European countries
have pursued in recent years,
phasing out traditional energy
sources faster than alternatives
could bear the load. The resulting
price spikes and energy shortag-
es, even before the invasion of Uk-
raine, imprudently put public
support for climate action at risk.
No politicians wants to mess with
people’s access to affordable en-
ergy before replacement systems
are absolutely locked in.
Those advocating for an ag-
gressive decarbonization model
also emphasize the critical role of
renewables and clean fuel alter-
natives, such as hydrogen, in
achieving targets. Where they
part company with those calling
for an accelerated phaseout is in
their accommodation for oil and
gas. Given that just 5 per cent of
cars on the road today are EVs
and that electricity capacity is
woefully insufficient to meet
peak heating demand on the col-
dest days of the year, aggressive
decarbonizers accept that fossil
fuels are going to be around for a
We want to use this deal to
boost co-operation in areas such
as digital and research and devel-
opment, and make it easier for
British and Canadian businesses
of all sizes to trade with one an-
other by removing trade barriers.
We’re satisfying the
burgeoning appetite for
trade on both sides of
the Atlantic – with one
in four Canadian
businesses citing Britain
as a top export
destination.
We are driving ever-greater in-
vestment into each other’s econ-
omies – with the U.K. already the
third-largest investor in Canada
and second-largest foreign em-
ployer.
I’m seeing British investment
in Canada in action this week as
I’m also meeting with British
firm Mace – one of the key deliv-
ery partners upgrading Metro-
linx’s services in Toronto as part
drew in its trade talk objectives,
the British will “come asking” for
more cheese access. Indeed, in
2021, British Prime Minister Boris
Johnson told CBC TV that he was
hoping for greater access. “I think
what is really needed now is
more affordable, high-quality
British cheese in Canada and I
hope that we can do a deal to al-
low that.”
The Dairy Farmers of Canada
while yet, and therefore pro-
ducers must curtail their emis-
sions. The message to the oil and
gas industries is that it’s sink-or-
swim time.
Should they swim, Canada can
hang onto its largest source of ex-
port revenues for as long as global
demand persists, buttressing the
value of the dollar and providing
the means to finance the import
of wind turbines, solar panels and
battery storage, none of which
Canada currently produces in
quantity. The test will be whether
Canada can continue to compete
for this global demand – even at
reduced volumes – by offering the
best barrels in terms of cost and
carbon emissions. The alterna-
tive, as the International Energy
Agency has pointed out, is dee-
pening reliance on OPEC and Rus-
sia, neither of whom are particu-
larly wedded to ESG principles, let
alone democratic values.
An aggressive decarbonization
strategy can’t happen, though,
without an all-in public-private
partnership on the scale of a St.
Lawrence Seaway or the tens of
DILBERT
O T H E G LO B E A N D M A I L
of the GO Transit’s expansion
program. Canadian businesses
are increasingly choosing Britain
as a top place to invest as well –
with stock of Canadian foreign-
direct investment in our econo-
my worth more than £40-billion
in 2020, while nearly 110,000
people in Britain were employed
by Canadian-owned firms in
2019.
Our demand for superb Cana-
dian-made goods is going from
strength to strength, too.
Goods imported from Canada
to Britain grew by 11 per cent be-
tween 2017 and 2021 in current
prices – and that’s against the
backdrop of disrupted supply
chains caused by global pandem-
ic lockdowns.
Like Canada, the U.K. is invest-
ing billions in green technologies
to build a cleaner, greener and
more sustainable future – as we
strive to meet our shared goal of
net-zero carbon emissions by
2050.
We want to take our green
trade with Canada to another
level, from carbon capture to
electric vehicles and renewable
said they expect Canada to stick
to its pledge.
“Last month, Minister Ng ta-
bled Canada’s negotiating objec-
tives for the Canada-U.K. free
trade agreement and made it
clear there will be no more im-
port access to supply managed
commodities,” Pierre Lampron,
president of the Dairy Farmers,
said in a statement. He said his
group confirmed Wednesday
billions invested in our current
energy system. Royal Bank of
Canada says the 21st-century en-
ergy transition will require $2-
trillion of investment between
now and 2050.
Natural gas production is a
somewhat simpler proposition.
The IEA recently observed that
Canadian liquified natural gas
will be at least 60-per-cent less
carbon-intensive than the global
average, thanks in large part to its
proximity to hydroelectric power
sources and Canada’s progress in
tackling methane emissions. Eu-
rope is likely to need secure
sources of gas into the 2040s and
coal-consuming countries in Asia
require cleaner alternatives. The
world wins environmentally
from Canadian gas and Canada
wins economically, particularly
the growing number of Indige-
nous communities in British Co-
lumbia and Newfoundland and
Labrador assuming ownership
positions in LNG projects.
Carbon capture is a key compo-
nent of any aggressive decarboni-
zation strategy. Here lies a major
| F R I DAY , M A RC H 2 5 , 2 0 2 2
energy, sharing technology and
expertise to unleash our full po-
tential.
Ms. Ng and I will aim to ensure
that our trade deal promotes op-
portunities for women and ad-
dresses the barriers to trade that
they face, by applying a dedicat-
ed gender focus to our trade pol-
icy. As two female leaders in
trade, this is a cause close to our
hearts. Our countries would be
brought closer still by the U.K.’s
accession to the Comprehensive
and Progressive Trans-Pacific
Partnership, or CPTPP – a giant
trade bloc spanning Asia and the
Americas with a combined GDP
of £8.4-trillion, of which Canada
is a key member.
It has never been more vital
for countries such as Canada and
Britain to stand together in the
face of tyranny and autocracy as
war casts a shadow over Europe.
A free-trade agreement be-
tween our countries will put us
in a stronger position to stand
up for freedom together in an in-
creasingly uncertain world, and
defend the cause of free and fair
trade side by side.
“that the issue of access to the
Canadian dairy market was not
on the agenda of these trade
talks. We continue to monitor
them closely.”
International trade lawyer
Mark Warner said financial ser-
vices negotiations will also be
challenging given Britain’s pow-
erhouse banking sector.
He questions how much
“bandwidth,” or capacity, the De-
partment of Global Affairs has to
conduct trade talks given that Ot-
tawa has launched so many dif-
ferent trade negotiations and ex-
ploratory talks and is still em-
broiled in several trade disputes
with the United States.
In 2020, bilateral trade in ser-
vices between Canada and Bri-
tain amounted to nearly $12.9-
billion. The U.K. is also a key
source of foreign direct invest-
ment (FDI) and of science and
technology partnerships. In 2020,
the value of FDI in Canada from
Britain was valued at $69.6-bil-
lion and Canadian direct invest-
ment in that country was valued
at $116.8-billion.
The minority Liberal govern-
ment says negotiations with Bri-
tain are unaffected by the Liber-
al-NDP co-operation agreement
in Canada’s House of Commons
where NDP Leader Jagmeet Singh
has agreed to prop up the minor-
ity Liberal government for three
years. “There are no implications
for the trade talks,” said Alice
Hansen, press secretary for Ms.
Ng.
With reports from Reuters
tension point between the com-
peting visions: those focused on
an accelerated phaseout oppose
prolonging the life of fossil fuels
under any circumstances, where-
as the aggressive decarbonizers
are prepared to take emissions
wins wherever they are found.
That group also favours carbon
capture as an essential building
block for converting Canada’s
abundant natural gas resources
(fourth in the world) into next-
generation hydrogen. The accel-
erated phaseout proponents only
want hydrogen that comes from
electricity not produced by fossil
fuels, rather than allowing differ-
ent regions to play to their energy
strengths.
Canada must clarify what our
game plan will be: to hasten the
phasing out of fossil fuels, or to in-
vest in aggressive decarboniza-
tion of their production and con-
sumption. The riskiest route lies
in a phaseout that mistimes the
market, causes price spikes and
possibly sparks a public backlash.
Nobody needs additional barriers
on the long road to net zero.


!  
"
 


  
') "*)
+")+ 
)


 
)(')

).-&"

 #


"  
 #
 ! 

%   

# !

,  




 $

 
 
B6 | R E P O RT O N B U S I N ES S
Energy: Canada’s export capacity is not limited only by lack of pipelines
ROM B1
Europe’s reliance on oil and gas
supplies from Russia is a situation
the North Atlantic Treaty Organi-
zation and the IEA are pushing
hard to reverse. Canada, the U.S.
and the United Kingdom have al-
ready banned Russian oil prod-
ucts in the weeks since the start of
the Ukraine invasion, but the Eu-
ropean bloc’s need for Russian
fuel for heat and power has made
it reluctant to do the same.
“Canada stands in steadfast
support of the Ukrainian people
and our European friends and al-
lies,” Mr. Wilkinson said. “We
need to ensure that we are think-
ing about both energy security
and climate change concurrent-
ly.”
Calgary-based Enbridge Inc.
said in a statement that while
there are constraints in its pipe-
line export capacity, company of-
ficials have been talking to gov-
ernment representatives about
ways to alleviate the energy crisis.
“Enbridge is pleased the gov-
ernment of Canada is taking steps
to advance global energy security
and the transition to a net-zero
emissions economy,” the compa-
ny said.
Environmental groups criti-
cized global efforts to bolster oil
and gas supplies outside Russia.
“Corporate interests are cynically
seizing on this moment to push
forward an agenda to entrench
fossil fuel dominance for decades
to come,” said Food & Water
Watch, a Washington-based non-
governmental organization.
Carbon: Alberta, Ontario middle-income households will see net benefits shrink
ROM B1
 
Economists have extensively
modelled those economic effects
for years, but the PBO has gone a
step further and projected how
they would be distributed be-
tween households of varying in-
comes.
Poorer households tend to use
less energy and hence pay lower
carbon charges. Conversely, high-
er income households – with
larger homes, more vehicles and
higher energy consumption over
all – pay higher carbon charges.
In addition, those higher income
households bear the brunt of the
secondary costs of reduced eco-
nomic growth, particularly any
reduction in the growth of in-
vestment income.
In Ontario, for instance,
households with incomes in the
top 20 per cent face an average
net cost of $1,137 in the current
fiscal year that ends on March 31,
even including offsetting pay-
ments from the federal govern-
ment. Households with income
in the bottom 20 per cent, how-
ever, came out ahead by $239.
For all households, the costs
were higher, or the benefits
smaller, once economic effects
were added in.
The picture was similar in the
three other provinces in which
federal carbon pricing for house-
holds applies, with the gap most
pronounced in Alberta. In that
province, the highest earning
Bridging: OSC says it has uncovered fraud, mismanagement at company
ROM B1
BlackRock has said, in a Feb. 24
letter one of its lawyers sent to
PwC, that it could oversee the
gradual liquidation of Bridging’s
portfolio at a lower cost than the
fees PwC anticipates charging.
Legal skirmishes over receiver-
ship proposals are nothing new,
but what is novel about this one is
the concealment of the identities
of the people behind “Certain
Bridging Unitholders.” Despite
expending significant resources
on a sophisticated public rela-
tions campaign – launching a
website, hiring an Ottawa-based
advertising firm and retaining a
Bay Street law firm – the group
has failed to put forward any
Bridging investor, identified by
name, to answer questions about
their problems with PwC’s plan.
The mystery around the group
is just another strange twist in
what has been a harrowing ride
for Bridging’s 26,000 investors,
who were told last month they
should expect losses of about
$1.3-billion, or 62 per cent of the
$2.09-billion Bridging had under
management when it was placed
in receivership in 2021.
At that time, the Ontario Secu-
rities Commission alleged it un-
covered evidence of fraud and
mismanagement on the part of
Bridging’s leadership team, which
included then-chief executive of-
ficer David Sharpe and his wife,
Natasha Sharpe, then the chief in-
Natural Resources
Minister Jonathan
Wil inson said Thursday
that Canada stands in
steadfast support of the
U rainian people and our
European friends and
allies.
SEAN KILPATRICK/
THE CANADIAN PRESS
A
sor Trevor Tombe cautioned
EPP P T P P TT
S P N PR P
T A T S P P S P
C S P
C said. The question is how effi-
C cient such measures are in mini-
C
C
C
C less controversial. But according
C mately require higher economic
K H E IE H L E H EI
fifth of households had a net cost
of $1,925, while the bottom earn-
ing quartile had a net benefit of
$246. Mr. Giroux said those fig-
ures reflect the negative impact
of carbon pricing on the prov-
ince’s oil and gas sector.
Over time, middle-income
households in Alberta and Onta-
rio will see their net benefits
shrink or even flip into negative
territory, according to the PBO
analysis, which extends through
to the 2030-31 fiscal year.
In Alberta, households in the
second-lowest income quintile
had a net benefit of $86 in the
current fiscal year.
That small benefit, however, is
projected to shrink over time
and by fiscal 2028-29 will turn in-
vestment officer.
A little more than a month af-
ter the receivership was granted,
the first iteration of the influence
campaign was launched, with
someone issuing a news release
on behalf of unidentified “Con-
cerned Unitholders of Bridging Fi-
nance Inc.” The June 7, 2021, re-
lease said the receivership was
harming value for investors.
Whoever was behind the release
professed to know about “multi-
ple credible expressions of inter-
est” in a quick sale of the Bridging
portfolio. The release included no
contact information.
Another wave of anonymous
news releases started again this
February, after PwC detailed how
poorly its sales process had fared.
On Feb. 14, “Concerned Unithold-
ers of Bridging Finance Inc.” de-
cried PwC’s recommendation
that the sales process should be
terminated and that PwC should
oversee the winding down of
Bridging.
This time, however, their news
release included one piece of con-
tact information – a ProtonMail
address – but still no names of any
individuals associated with the
group.
On Feb. 22, the same group an-
nounced, in a news release, it had
retained a lawyer, Domenico Ma-
gisano of Lerners LLP, to push
back against PwC’s proposal at a
Feb. 25 hearing. The release urged
other Bridging investors to reach
out to Mr. Magisano and called the
Canada’s export capacity is not
limited only by a lack of pipelines.
The country’s first major lique-
fied natural gas terminal capable
of exporting the fuel in tankers,
Shell PLC-led LNG Canada, is still
under construction. The $18-bil-
lion terminal in Kitimat, B.C., will
ship liquefied natural gas to Asia.
It won’t open until 2025 at the ear-
liest.
A practical road map for
achieving independence from
Russian fuels has been the sub-
ject of “intense back-and-forth”
focused. The analysis did not, for
P T TN P
S P S P
D
KE L K
to a net cost of $26. There’s a
similar pattern in Ontario, ex-
cept households in that income
range are expected to face net
costs several years earlier, in fis-
cal 2024-25, as the chart below
shows.
In both provinces, 80 per cent
of households will be worse off
under carbon pricing within a
few years – an inversion of the
Liberals’ assertion.
Federal finances will also be
affected. The PBO estimates the
federal deficit will be $900-mil-
lion higher in the current fiscal
year than it would be without
carbon pricing’s drag on the
economy, a price tag rising to
$5.2-billion in fiscal 2030-31.
University of Calgary profes-
receivership an “abuse of power.”
From there, things got even
murkier.
Shortly after issuing the re-
lease, Canada Newswire took it
down. The reason? Mr. Magisano
and Lerners denied they had been
retained by “Concerned Unit-
holders of Bridging Finance Inc.”
and issued a statement saying
they did not agree with the sug-
gestion the process had been abu-
sive. What was true, however, was
that Mr. Magisano had indeed
been retained by a Bridging inves-
tor – but one who wanted ano-
nymity and had other concerns
with PwC’s approach.
In an e-mail, Mr. Magisano said
that he did not know who was be-
hind the erroneous news release
and declined to address questions
about how it came to be that a dif-
ferent anonymous group of inves-
tors mistakenly believed it had re-
tained him.
In his e-mailed statement to
The Globe and Mail this week, Mr.
Magisano said around the time
the Feb. 22 news release was is-
sued, his client was a Bridging in-
vestor who wanted to remain
anonymous because he was a cur-
rent member of the “Canadian
military of some note.”
“Their decision to remain
anonymous was to ensure that
the argument before the court did
not revolve around their identity,
or the fact that Canadian military
(or ex-military) members lost
money,” Mr. Magisano said.
O T H E G LO B E A N D M A I L
in recent weeks, U.S. National Se-
curity Advisor Jake Sullivan told
reporters this week.
The U.S. and the European
Commission are expected to re-
lease more details on an energy
security plan soon, but Mr. Sulli-
van said replacing Russian ex-
ports is not simply a matter of di-
verting liquefied natural gas in
the short term. Rather, it will in-
volve structural changes aimed at
creating more flexibility for dif-
ferent policy choices in Europe. It
will also mean increasing U.S. liq-
against simply concluding car-
bon pricing is a costly policy. Any
policy to reduce greenhouse gas
emissions will carry costs, he
mizing those costs.
On that front, he said, the
market-based mechanism of car-
bon pricing is widely acknowl-
edged to be much more efficient
than regulatory measures. Such
regulations might be less visible
and, perhaps because of that,
to Prof. Tombe, they would ulti-
costs to achieve the same level of
reductions.
Inaction is not cost-free, ei-
ther, he said. A rapidly warming
climate would disrupt the global
economy, although other coun-
tries would likely bear a dispro-
portionate share of those costs,
he noted.
In a statement, the federal En-
vironment and Climate Change
department said carbon pricing
is recognized as “the most effi-
cient policy to reduce emissions
as it imposes the lowest overall
cost on the economy.” The state-
ment also noted that weather-re-
lated disasters tied to climate
change have soared over the past
five decades.
Michael Bernstein, executive
director of Clean Prosperity, a
non-profit group, critiqued the
PBO study as being too narrowly
Since then, Mr. Magisano said
in his e-mail, things have shifted
again, and he now represents a
Bridging investor who is prepared
to identify himself: Michael
White, a former member of the
Canadian military, who has cho-
sen to be the public representa-
tive of the group.
However, when The Globe at-
tempted to set up an interview
with Mr. White this week through
an e-mail address listed on the
group’s website, www.bridgingin-
vestors.ca, someone, who did not
identify themselves by name, said
Mr. White was not available to an-
swer questions.
The next day, The Globe re-
ceived an unsolicited e-mail from
spark*advocacy, the Ottawa pub-
lic relations firm founded, in part,
by prominent public opinion
pollster Bruce Anderson.
An employee of spark*advoca-
cy, Dustin Fitzpatrick, said the
anonymous group of investors
was unable to provide Mr. White,
or anyone with grievances against
PwC, who was willing to be
named.
Mr. Fitzpatrick declined to
identify, by name, the individuals
or companies paying spark*advo-
cacy for its work, but said the
group had no “connection to ma-
jor creditors or former principals
at Bridging Finance.”
He provided another state-
ment, which he said could be at-
tributed to unnamed “Bridging
Investors.” This statement re-
| R I DAY , M A RC H 2 5 , 2 0 2 2
uefied natural gas supplies to the
continent over the coming
months and years.
IEA executive director Fatih Bi-
rol said all member countries
came to the organization’s sum-
mit this week armed with plans,
policies and various other tools to
reduce reliance on Russian oil
and gas.
“They were different policies,
different measures, different
timelines, but one single target –
reducing, radically, Russian oil
and gas imports,” he said.
Prime Minister Justin Trudeau
said following a G7 summit in
Brussels on Thursday that, de-
spite Canada’s role in helping
wean Europe off Russian oil and
gas, the federal government re-
mains committed to hitting net-
zero carbon emissions by 2050.
“Indeed, the partnerships
we’re looking at building with the
European Union – on issues of hy-
drogen, on issues touching re-
newables – are very promising in
terms of getting the world not
just off Russian oil and gas, but
decarbonizing our energy econo-
my entirely,” he told reporters.
Mr. Trudeau said in a joint
statement with European Com-
mission President Ursula von der
Leyen that officials will meet this
week to discuss enhancing ener-
gy-related co-operation and elim-
inating the European bloc’s de-
pendence on Russian energy.
“A dedicated working group on
green transition and LNG is being
created to develop a concrete ac-
tion plan on these matters,” the
statement said.
instance, attempt to account for
the economic benefits of the
emerging green economy, he
said.
Mr. Bernstein acknowledged
there will be costs associated
with any transition away from
fossil fuels, but the question, he
said, is how to minimize those
costs and maximize the benefits.
It is “plausible” that those bene-
fits will outweigh costs in the
long run, he added.
He said he understands why
the federal Liberals chose to em-
phasize most households would
receive rebates larger than their
direct costs from carbon pricing,
given the intensity of critics’ at-
tacks. But he said political strate-
gy has come up against the real-
ity he has seen in focus groups,
where participants express fun-
damental skepticism that people
can be made better off through
this kind of government pro-
gram.
A more nuanced approach
that talked about relative costs,
and the relative advantage of car-
bon pricing, would be preferable,
he added. “Focusing on how
many people were better off is
probably not the most compell-
ing way to sell this in the long
run, even if there is math that
supports them.”
Tax and Spend examines the
intricacies and oddities of taxation
and government spending.
ferred to their campaign as “grass-
roots.”
Bennett Jones, in its submis-
sions to court, has highlighted the
mystery shrouding the identities
of the people who are driving this
legal fight. Bennett Jones was ap-
pointed as the representative
counsel for Bridging investors by
an Ontario judge in October.
“The failure or refusal of the
Unidentified Unitholders to self-
identify, and to offer evidence
about the quantum of their hold-
ings, should weigh heavily against
giving weight to the concerns be-
ing offered on their behalf,” Ben-
nett Jones said in court filings.
Bennett Jones has offered sev-
eral online information sessions
for investors to explain the vari-
ous bids and their components. A
survey it conducted shows that, of
the investors who participated in
those sessions, a majority, or 65
per cent, prefer PwC’s plan. Ben-
nett Jones estimates the number
of investors and investment ad-
visers it was able to contact about
the information sessions hold
about 80 per cent of the units in
the Bridging funds.
Although the anonymous
group of investors has urged oth-
er Bridging unitholders to sup-
port a proposal by BlackRock, the
New York-based firm says it has
nothing to with the group. In an e-
mailed statement, a BlackRock
spokesperson said the company
had “no affiliation” with the
anonymous investors.
F R I DAY, MA RC H 2 5 , 2 0 2 2 | T H E G LO B E A N D M A I L O
A forklift driver loads PEI potatoes to be shipped across Canada
earlier this month. NATHAN DENETTE/THE CANADIAN PRESS
PEI set to resume
potato trade with
United States
U.S. Department of Agriculture announces
it will end the halt on Canadian imports
IRENE GALEA
Prince Edward Island will soon resume its potato trade with
the United States – good news for farmers preparing this
year’s crop but coming just days too late for some growers
who had destroyed viable inventory.
The U.S. Department of Agriculture announced Thursday
that a halt on Canadian imports would end, nearly four
months to the day after it was imposed. Last November, the
Canadian government suspended the export of fresh seed
potatoes after some PEI fields were found to contain a fungus
that can easily spread to other crops. Washington had warned
it would set a ban if Canada did not act first.
Not all crops are getting the green light. While table pota-
toes – those for cooking – will be allowed across the border,
seed potatoes, used to plant the next year’s crop, will still be
barred.
Agriculture Minister Marie-Claude Bibeau said the resolu-
tion was reached after conversations with her American
counterpart, Secretary of Agriculture Tom Vilsack.
While the U.S. agency “wanted to look at the whole indus-
try altogether,” Ms. Bibeau said, it agreed to consider table
stock separately. After concluding PEI’s table potatoes could
be imported safely, the United States agreed to reopen trade
with a number of “reasonable and science-based” safety mea-
sures in place, she said.
Trade is expected to resume after the USDA publishes a
federal order outlining the required mitigations for table
stock potatoes. This is expected to be in about 10 days, accord-
ing to Suzanne Bond, a public-affairs spokesperson for the
U.S. Animal and Plant Health Inspection Service.
These mitigations require imported table stock potatoes
from PEI, and the seed potatoes used to produce them, to
originate from fields not known to be infested with potato
wart, or related to fields with the wart. They have to be
washed in PEI to remove soil and treated with a sprout inhib-
itor. They are subject to official inspection as well.
Potatoes must also be considered Grade 1, which means
they are rounder and easier to wash. This minimizes the risk
of carrying soil and transmitting the fungus.
“Farmers were waiting for clarity to know what they would
be planting for the coming season,” Ms. Bibeau said. “They
now know they can have a market in the U.S. following these
conditions. That’s why it is such good news today.”
The Canadian Food Inspection Agency will carry on with
its full investigation of 35,000 soil samples over the next year
and will continue to review its potato wart management plan.
The announcement was made just a week too late for
many farmers, who recently have started destroying stock to
open up inventory room. Colton Griffin, a third-generation
potato farmer at W.P. Griffin Farm, said that just a few days
ago his farm put about half of its potatoes through snow
blowers on his field. Much of the rest have been slated for cat-
tle feed.
“It was all perfectly good product that was supposed to be
marketed,” he said. “I’ll probably sell about 2 per cent of what
I would normally.”
Mr. Griffin said he will now be looking ahead more posi-
tively for next year’s crop. “My hope is that we can find a way
to put this behind us for good.”
But the U.S. National Potato Council, the industry associ-
ation representing American potato farmers, called the news
disappointing, saying the safety requirements in place do not
go far enough.
“Unfortunately, today’s announcement by USDA over-
looks the severity of the disease,” the NPC said in a statement.
“Should potato wart be transmitted to the United States, the
economic consequences would be devastating and immedi-
ate.”
GERMANY UNVEILS ENERGY RELIEF PACKAGE
LIKELY TO COST AROUND €13-BILLION
BERLIN Germany’s ruling coalition on Thursday unveiled
relief measures for households grappling with exploding
energy costs after Russia’s invasion of Ukraine, including a
three-month petrol and diesel subsidy.
The deal between Chancellor Olaf Scholz’s Social Demo-
crats (SPD) and their ecologist Greens and pro-business
Free Democrat (FDP) coalition partners should ease ten-
sions over how to respond to ballooning energy costs
squeezing households and companies.
The exact size of the package, which also includes tax
discounts for workers and families, was difficult to pin
down as some details still needed to be finalized, Finance
Minister Christian Lindner told reporters.
However, it should be similar in size to a first package of
tax relief measures costing around €13-billion ($17.9-bil-
lion) agreed last month, he said.
“The coalition believes that we, the people and the
economy, must protect ourselves in the short term and for
a limited time in the face of these enormous price in-
creases,” Mr. Lindner said.
The agreement foresees a one-off energy price allowance
of €300 for income tax payers as a supplement to their
salaries.
Families will receive a one-time bonus of €100 per child,
which will be doubled for low-income families, and the tax
on fuels will be reduced to the European minimum rate for
three months.
REUTERS
BUSINESS CLASSIFIED
TO PLACE AN AD CALL: 1-866-999-9237 EMAIL: ADVERTISING@GLOBEANDMAIL.COM
LEGALS
UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF NEW YORK
In re STONEWAY CAPITAL LTD., et al.1 ) Chapter 11, Case No. 21-10646 (JLG)
Debtors. ) (Jointly Administered)
NOTICE OF HEARING TO CONSIDER CONFIRMATION OF THE DEBTORS’
SECOND AMENDED JOINT PLAN UNDER CHAPTER 11 OF THE BANKRUPTCY
CODE AND RELATED VOTING AND OBJECTION DEADLINES
PLEASE TAKE NOTICE THAT,on March 21,2022,the United States Bankruptcy Court for the Southern
District of New York (the “Bankruptcy Court”) entered an order (the “Disclosure Statement Order”):
(a) authorizing the above-captioned debtors and debtors in possession (collectively, the “Debtors”),
to solicit acceptances for their joint plan of reorganization, Debtors’ Second Amended Joint Plan Under
Chapter 11 of the Bankruptcy Code [ECF No. 491] (as modified, amended, or supplemented from time to
time, the“Plan”)2; (b) approving the Disclosure Statement for Debtors’ Second Amended Joint Plan Under
Chapter 11 of the Bankruptcy Code [ECF No. 492] (as modified, amended, or supplemented from time to
time,the“Disclosure Statement”) as containing“adequate information”pursuant to section 1125 of the
Bankruptcy Code;(c) approving the solicitation materials and documents to be included in the solicitation
packages;(d) approving procedures for soliciting,receiving,and tabulating votes on the Plan and for filing
objectionstothePlan;and(e)grantingrelatedrelief.
PLEASE TAKE FURTHER NOTICE THAT a hearing to consider confirmation of the Plan (the
“Confirmation Hearing”) will be held before the Honorable James L.Garrity,Jr.,United States Bankruptcy
Judge, telephonically, via CourtSolutions LLC (www.courtsolutions.com), on May 5, 2022, at 11:00 a.m.
(prevailing Eastern Time),or as soon thereafter as counsel may be heard.Any objections to confirmation
of the Plan must be served and filed on or before April 25, 2022, at 4:00 p.m. (prevailing Eastern Time).
The Confirmation Hearing may be adjourned by the Debtors from time to time without
further notice to creditors or other parties in interest other than by announcement of
the adjournment in open court or by filing a hearing agenda or notice on the docket of
the Debtors’ chapter 11 cases. Any party wishing to appear at the hearing must make
arrangements with Court Solutions LLC, www.court-solutions.com to sign up for an account
andtoregisterforaliveline.Registrationforahearingmustoccurnolaterthan12:00p.m.on
thebusinessdaypriortothehearingdate.3
CRITICALINFORMATIONREGARDINGVOTINGONTHEPLAN
Voting Record Date.The voting record date is March 24, 2022 (the“Voting Record Date”), which
is the date for determining which Holders of Claims in Class 4 (Senior Notes Claims), Class 5 (Term Loan
Facility Claims) and Class 8 (Promissory Note Claims) are entitled to vote on the Plan and which Holders of
Claims in Class 4 (Senior Notes Claims) and Class 5 (Term Loan Facility Claims) are entitled to vote on the
ArrangementResolutioninrespectoftheCBCAPlanofArrangement.
Voting Deadline.The deadline for voting on the Plan and the Arrangement Resolution in respect
of the CBCA Plan of Arrangement is on April 25, 2022, at 4:00 p.m. (prevailing Eastern Time) (the
“Voting Deadline”). If you are eligible and intend to vote on the Plan and the Arrangement Resolution
in respect of the CBCA Plan of Arrangement you must: (a) follow the instructions contained in your
Solicitation Package and on your Ballot(s) carefully; (b) complete all of the required information on the
Ballot;and(c)executeandreturnyourcompletedBallotaccordingtoandassetforthindetailinthevoting
instructions so that it is actually received by the Debtors’notice and claims agent,Prime Clerk LLC (the
“Notice and Claims Agent”) on or before the Voting Deadline. A failure to follow such instructions may
disqualifyyourvote.
CRITICALINFORMATIONREGARDINGOBJECTINGTOTHEPLAN
Release, Injunction, and Related Provisions Contained in the Plan. Please be advised that
ArticleIXofthePlancontainsthefollowingrelease,injunction,andrelatedprovisions:
RELEASES
(a) RELEASES BY THE DEBTORS. UPON THE EFFECTIVE DATE, EXCEPT FOR THE RIGHTS THAT
REMAIN IN EFFECT FROM AND AFTER THE EFFECTIVE DATE TO ENFORCE THIS PLAN AND THE PLAN
DOCUMENTS,THE DEBTORS,THE POST-EFFECTIVE DATE DEBTORS, ANDTHE ESTATES, IN EACH CASE ON
BEHALFOFTHEMSELVESANDTHEIRRESPECTIVESUCCESSORS,ASSIGNS,ANDREPRESENTATIVES,AND
ANY AND ALL OTHER ENTITIES WHO MAY PURPORT TO ASSERT ANY CAUSE OF ACTION DERIVATIVELY,
BY OR THROUGH THE FOREGOING ENTITIES, FOR GOOD AND VALUABLE CONSIDERATION, THE
ADEQUACY OF WHICH IS HEREBY CONFIRMED, INCLUDING, WITHOUT LIMITATION, THE EFFORTS OF
EACH RELEASED PARTYTO FACILITATETHE REORGANIZATION OFTHE DEBTORS,THE IMPLEMENTATION
OF THE PLAN, AND THE TRANSACTIONS CONTEMPLATED HEREIN AND HEREBY, SHALL FOREVER
RELEASE, WAIVE, AND DISCHARGE, TO THE MAXIMUM EXTENT PERMITTED BY LAW, ALL ACTIONS,
CAUSES OF ACTION, SUITS, COVENANTS, CONTRACTS, CONTROVERSIES, AGREEMENTS, PROMISES,
SUMS OF MONEY, ACCOUNTS, BILLS, RECKONINGS, DAMAGES, AND ANY AND ALL OTHER CLAIMS,
COUNTERCLAIMS, DEFENSES, RIGHTS OF SET-OFF, DEMANDS, AND LIABILITIES WHATSOEVER,
INCLUDING ANY DERIVATIVE CLAIMS, ASSERTED OR ASSERTABLE ON BEHALF OF THE DEBTORS,
THE POST-EFFECTIVE DATE DEBTORS, OR THE ESTATES, WHETHER LIQUIDATED OR UNLIQUIDATED,
FIXED OR CONTINGENT, MATURED OR UNMATURED, OF EVERY NAME AND NATURE, KNOWN OR
UNKNOWN, FORESEEN OR UNFORESEEN, THEN EXISTING OR THEREAFTER ARISING, IN LAW, EQUITY,
OR OTHERWISE, AGAINSTTHE RELEASED PARTIES FOR, UPON, OR BY REASON OF ANY CIRCUMSTANCE,
ACTION, CAUSE, OR THING WHATSOEVER, ARISING AT ANY TIME ON OR PRIOR TO THE EFFECTIVE
DATE, FOR OR ON ACCOUNT OF, OR IN RELATION TO, OR IN ANY WAY IN CONNECTION WITH OR THAT
OTHERWISE ARE BASED IN WHOLE OR IN PART ON ANY CIRCUMSTANCE, ACTION, ACT, OMISSION,
TRANSACTION, CAUSE, EVENT, OR THING WHATSOEVER TAKING PLACE ON OR BEFORE THE EFFECTIVE
DATE, AND IN ANY WAY RELATING TO OR ARISING FROM, IN WHOLE OR IN PART, (A) THE DEBTORS AND
ANY AFFILIATES OR SUBSIDIARIES OF THE DEBTORS, (B) THE POST-EFFECTIVE DATE DEBTORS, (C) THE
ESTATES, (D) MSU, THE BUYER AND THE MANAGEMENT SERVICES PROVIDER AND ANY AFFILIATES OR
SUBSIDIARIES OF MSU,THE BUYER, ANDTHE MANAGEMENT SERVICES PROVIDER, (E)THE PURCHASE,
SALE, OR RESCISSION OF THE PURCHASE OR SALE OF ANY SECURITY OF THE DEBTORS, THE NEW
SECURED NOTES ORTHE NEW PREFERRED STOCK, (F)THE SUBJECT MATTER OF, ORTHETRANSACTIONS
OR EVENTS GIVING RISE TO, ANY CLAIM OR INTEREST THAT IS TREATED IN THE PLAN, (G) THE CHAPTER
11 CASES, (H) THE SALE TRANSACTIONS, (I) THE PLAN, INCLUDING THE SOLICITATION OF VOTES ON
THE PLAN, (J) THE DISCLOSURE STATEMENT, (K) THE NEW SECURED NOTES INDENTURE, (L) THE TERM
LOAN CREDIT AGREEMENT, (M) THE SENIOR NOTES INDENTURE, (N) THE CBCA PROCEEDINGS, (O)
THE CBCA PLAN OF ARRANGEMENT, INCLUDING THE SOLICITATION OF VOTES ON THE CBCA PLAN OF
ARRANGEMENT, (P) THE CCAA APPLICATION; (Q) THE 2020 CBCA PROCEEDINGS, (R) THE PROMISSORY
NOTES, (S) THE MANAGEMENT SERVICES AGREEMENT, AND (T) THE NEGOTIATION, FORMULATION
OR PREPARATION OF THE FOREGOING AGREEMENTS AND TRANSACTIONS DESCRIBED IN THIS
PARAGRAPH (THE FOREGOING, THE “DEBTOR RELEASED CLAIMS”); PROVIDED, HOWEVER, THAT (I)
NO RELEASED PARTY SHALL BE RELEASED HEREUNDER FROM ANY DEBTOR RELEASED CLAIM, EITHER
IN LAW OR IN EQUITY, THAT AROSE AS A RESULT OF ANY ACT, OMISSION, TRANSACTION, EVENT, OR
OTHER OCCURRENCE BY A RELEASED PARTY, WHICH HAS BEEN FOUND BY ANY COURT OR TRIBUNAL
BY A FINAL, NON-APPEALABLE ORDER TO CONSTITUTE GROSS NEGLIGENCE, FRAUD, OR WILLFUL
MISCONDUCT, (II) THE FOREGOING RELEASE SHALL NOT APPLY TO ANY EXPRESS CONTRACTUAL OR
FINANCIAL OBLIGATIONS OWEDTOTHE POST-EFFECTIVE DATE DEBTORS ORTHE BUYER, OR ANY RIGHT
OR OBLIGATION ARISING UNDER OR THAT IS PART OF THE PLAN, A PLAN DOCUMENT, OR ANY OTHER
AGREEMENT ENTERED INTO PURSUANT TO OR IN CONNECTION WITH, OR CONTEMPLATED BY, THE
PLAN, AND (III) NO MEMBER OFTHE NORES GROUP SHALL BE RELEASED FROM ANY DEBTOR RELEASED
CLAIM, WHETHER IN LAW OR IN EQUITY, ARISING IN RELATION TO AMOUNTS (AND PAYMENTS
THEREOF) THAT HAVE BEEN TRANSFERRED TO OR FOR THE BENEFIT OF ANY MEMBER OF THE NORES
GROUPINEXCESSOF$13.755MILLIONINTHEAGGREGATE.
(b) RELEASES BY HOLDERS OF CLAIMS.TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW,
UPON THE EFFECTIVE DATE, FOR GOOD AND VALUABLE CONSIDERATION, THE ADEQUACY OF WHICH
IS HEREBY CONFIRMED, INCLUDING, WITHOUT LIMITATION, THE EFFORTS OF THE RELEASED PARTIES
TO FACILITATE THE EXPEDITIOUS REORGANIZATION OF THE DEBTORS AND THE IMPLEMENTATION OF
THE PLAN AND THE TRANSACTIONS, CONTRACTS, AND INSTRUMENTS CONTEMPLATED HEREIN AND
HEREBY, EACH OF THE RELEASING PARTIES AGREES TO THE RELEASE PROVISIONS IN THIS PLAN AND
SHALL FOREVER RELEASE, WAIVE, AND DISCHARGE, TO THE MAXIMUM EXTENT PERMITTED BY LAW,
ALL ACTIONS, CAUSES OF ACTION, SUITS, COVENANTS, CONTRACTS, CONTROVERSIES, AGREEMENTS,
PROMISES, SUMS OF MONEY, ACCOUNTS, BILLS, RECKONINGS, DAMAGES, AND ANY AND ALL
OTHER CLAIMS, COUNTERCLAIMS, DEFENSES, RIGHTS OF SET-OFF, DEMANDS, AND LIABILITIES
WHATSOEVER, INCLUDING ANY DERIVATIVE CLAIMS, ASSERTED OR ASSERTABLE ON BEHALF OF THE
DEBTORS, THE POST-EFFECTIVE DATE DEBTORS, THE ESTATES, OR THE BUYER, WHETHER LIQUIDATED
OR UNLIQUIDATED, FIXED OR CONTINGENT, MATURED OR UNMATURED, OF EVERY NAME AND NATURE,
KNOWN OR UNKNOWN, FORESEEN OR UNFORESEEN, THEN EXISTING OR THEREAFTER ARISING, IN
LAW, EQUITY, OR OTHERWISE, AGAINST THE RELEASED PARTIES FOR, UPON, OR BY REASON OF ANY
CIRCUMSTANCE, ACTION, CAUSE, OR THING WHATSOEVER, ARISING AT ANY TIME ON OR PRIOR TO THE
EFFECTIVEDATE,FORORONACCOUNTOF,ORINRELATIONTO,ORINANYWAYINCONNECTIONWITHOR
THAT OTHERWISE ARE BASED INWHOLE OR IN PART ON ANY CIRCUMSTANCE, ACTION, ACT, OMISSION,
TRANSACTION, CAUSE, EVENT, OR THING WHATSOEVER TAKING PLACE ON OR BEFORE THE EFFECTIVE
DATE AND IN ANY WAY RELATING TO OR ARISING FROM, IN WHOLE OR IN PART, (A) THE DEBTORS AND
ANY AFFILIATES OR SUBSIDIARIES OF THE DEBTORS, (B) THE POST-EFFECTIVE DATE DEBTORS, (C) THE
ESTATES, (D) MSU, THE BUYER AND THE MANAGEMENT SERVICES PROVIDER AND ANY AFFILIATES OR
SUBSIDIARIES OFTHE BUYER, MSU, ANDTHE MANAGEMENT SERVICES PROVIDER, (E)THE PURCHASE,
SALE, OR RESCISSION OF THE PURCHASE OR SALE OF ANY SECURITY OF THE DEBTORS, THE NEW
SECUREDNOTES,ORTHENEWPREFERREDSTOCK,(F)THESUBJECTMATTEROF,ORTHETRANSACTIONS
OR EVENTS GIVING RISE TO, ANY CLAIM OR INTEREST THAT IS TREATED IN THE PLAN, (G) THE CHAPTER
11 CASES, (H) THE SALE TRANSACTIONS, (I) THE PLAN, INCLUDING THE SOLICITATION OF VOTES ON
THE PLAN, (J) THE DISCLOSURE STATEMENT, (K) THE NEW SECURED NOTES INDENTURE, (L) THE TERM
LOAN CREDIT AGREEMENT, (M) THE SENIOR NOTES INDENTURE, (N) THE CBCA PROCEEDINGS, (O)
THE CBCA PLAN OF ARRANGEMENT, INCLUDING THE SOLICITATION OF VOTES ON THE CBCA PLAN OF
ARRANGEMENT, (P) THE CCAA APPLICATION, (Q) THE 2020 CBCA PROCEEDINGS, (R) THE PROMISSORY
NOTES, (S) THE MANAGEMENT SERVICES AGREEMENT, AND (T) THE NEGOTIATION, FORMULATION, OR
PREPARATIONOFTHEFOREGOINGAGREEMENTSANDTRANSACTIONSDESCRIBEDINTHISPARAGRAPH
(THE FOREGOING, THE “RELEASING PARTY RELEASED CLAIMS”); PROVIDED, HOWEVER, THAT (I) NO
RELEASED PARTY SHALL BE RELEASED HEREUNDER FROM ANY RELEASING PARTY RELEASED CLAIM,
EITHER IN LAW OR IN EQUITY, THAT AROSE AS A RESULT OF ANY ACT, OMISSION, TRANSACTION,
EVENT, OR OTHER OCCURRENCE BY A RELEASED PARTY, WHICH HAS BEEN FOUND BY ANY COURT OR
TRIBUNAL BY A FINAL, NON-APPEALABLE ORDER TO CONSTITUTE GROSS NEGLIGENCE, FRAUD, OR
WILLFUL MISCONDUCT, (II) THE FOREGOING RELEASE SHALL NOT APPLY TO OR RELEASE ANY EXPRESS
MEETING NOTICES
Have The
Globe and Mail
delivered to
your door NOTICE OF ANNUAL MEETING OF COMMON
SHAREHOLDERS OF ROYAL BANK OF CANADA
When: Thursday, April 7, 2022
9:30 a.m. (Eastern Time)
Where: Via live webcast online:
at https://web.lumiagm.com/405804440
In person:
Metro Toronto Convention Centre
255 Front Street West, Toronto, Ontario
The health and safety of our shareholders, employees, clients,
and communities is a top priority. While we anticipate being
able to hold an in-person annual meeting, we may consider
holding a virtual-only meeting to ensure appropriate health and
safety protocols.
Please visit our website at rbc.com/investorrelations in
advance of the meeting for the most current information about
attending the meeting.
DIVIDENDS
Dividend
Notice is hereby given that the following dividend has been declared.
Issuer
CALL 1-800-387-5400
TGAM.CA/SUBSCRIBE
Martinrea International Inc.
Report on Business
TO HAVE THE GLOBE AND MAIL DELIVERED TO YOUR DOOR,
CALL 1-800-387-5400 | TGAM.CA/SUBSCRIBE
R E P O RT O N B U S I N ES S | B7
CONTRACTUAL OR FINANCIAL OBLIGATIONS OR ANY RIGHT OR OBLIGATION ARISING UNDER OR THAT
IS PART OF THE PLAN, A PLAN DOCUMENT, OR ANY OTHER AGREEMENT ENTERED INTO PURSUANT TO
OR IN CONNECTION WITH, OR CONTEMPLATED BY, THE PLAN, AND (III) NO MEMBER OF THE NORES
GROUP SHALL BE RELEASED FROM ANY RELEASING PARTY RELEASED CLAIM, WHETHER IN LAW
OR IN EQUITY, ARISING IN RELATION TO AMOUNTS (AND PAYMENTS THEREOF) THAT HAVE BEEN
TRANSFERRED TO OR FOR THE BENEFIT OF ANY MEMBER OF THE NORES GROUP IN EXCESS OF $13.755
MILLIONINTHEAGGREGATE.
(c) ENTRY OF THE CONFIRMATION ORDER SHALL CONSTITUTE THE BANKRUPTCY COURT’S
APPROVAL, PURSUANT TO BANKRUPTCY RULE 9019, OF THE RELEASES DESCRIBED IN THIS SECTION
9.3, WHICH INCLUDES BY REFERENCE EACH OF THE RELATED PROVISIONS AND DEFINITIONS
CONTAINED IN THIS PLAN, AND FURTHER, SHALL CONSTITUTE THE BANKRUPTCY COURT’S FINDING
THAT EACH RELEASE DESCRIBED IN THIS SECTION 9.3 IS: (I) IN EXCHANGE FOR THE GOOD AND
VALUABLE CONSIDERATION PROVIDED BY THE RELEASED PARTIES; (II) A GOOD-FAITH SETTLEMENT
AND COMPROMISE OF SUCH CAUSES OF ACTION; (III) IN THE BEST INTERESTS OF THE DEBTORS AND
ALL HOLDERS OF CLAIMS AND INTERESTS; (IV) FAIR, EQUITABLE, AND REASONABLE; (V) GIVEN AND
MADE AFTER DUE NOTICE AND OPPORTUNITY FOR HEARING; (VI) A SOUND EXERCISE OFTHE DEBTORS’
BUSINESS JUDGMENT; AND (VII) A BAR TO ANY OF THE RELEASING PARTIES OR THE DEBTORS, THE
POST-EFFECTIVE DATE DEBTORS, OR THEIR RESPECTIVE ESTATES, ASSERTING ANY CAUSE OF ACTION
RELATEDTHERETO,OFANYKIND,AGAINSTANYOFTHERELEASEDPARTIESORTHEIRPROPERTY.
(d) NOTWITHSTANDING ANYTHING HEREIN TO THE CONTRARY, NOTHING IN THIS PLAN OR IN
THE CONFIRMATION ORDER SHALL ALTER, AMEND OR MODIFYTHE TERMS OF ANY INDEMNIFICATION
PROVIDED TO AN “INDEMNIFIED PERSON” (AS DEFINED IN THE ENFORCEMENT ACTION REQUESTS)
UNDER ANY EXISTING OR FUTURE ENFORCEMENT ACTION REQUEST ENTERED INTO AMONG UMB
BANK, N.A., IN ITS CAPACITIES AS THE SENIOR NOTES INDENTURE TRUSTEE, SUCCESSOR U.S.
COLLATERAL AGENT, SUCCESSOR DEPOSITARY BANK, SUCCESSOR REGISTRAR, SUCCESSOR NOTE
CUSTODIAN, SUCCESSOR TRANSFER AGENT AND/OR SUCCESSOR PAYING AGENT UNDER THE SENIOR
NOTES INDENTURE OR UNDER ANY OTHER “FINANCING DOCUMENTS” (AS DEFINED IN THE SENIOR
NOTES INDENTURE), AND THE“INSTRUCTING HOLDERS”(AS DEFINED IN THE ENFORCEMENT ACTION
REQUESTS) OR RELEASE ANY CLAIM HELD BY AN INDEMNIFIED PERSON AGAINST THE INSTRUCTING
HOLDERSARISINGFROMORRELATEDTOSUCHENFORCEMENTACTIONREQUEST.
(e) EACH PERSON PROVIDING RELEASES UNDER THE PLAN, INCLUDING THE DEBTORS, THE POST-
EFFECTIVE DATE DEBTORS, AND THE RELEASING PARTIES, SHALL HAVE GRANTED THE RELEASES
SET FORTH HEREIN, NOTWITHSTANDING THAT SUCH PERSON MAY HEREAFTER DISCOVER FACTS
IN ADDITION TO, OR DIFFERENT FROM, THOSE WHICH IT NOW KNOWS OR BELIEVES TO BE TRUE,
AND WITHOUT REGARD TO THE SUBSEQUENT DISCOVERY OR EXISTENCE OF SUCH DIFFERENT OR
ADDITIONAL FACTS, AND SUCH PERSON EXPRESSLY WAIVES ANY AND ALL RIGHTS THAT IT MAY
HAVE UNDER ANY STATUTE OR COMMON LAW PRINCIPLE WHICH WOULD LIMIT THE EFFECT OF SUCH
RELEASESTOTHOSECLAIMSORCAUSESOFACTIONACTUALLYKNOWNORSUSPECTEDTOEXISTATTHE
TIMEOFEXECUTIONOFSUCHRELEASE.
EXCULPATIONANDLIMITATIONOFLIABILITY.
TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, AND WITHOUT AFFECTING OR
LIMITING EITHER THE DEBTOR RELEASE OR THE THIRD-PARTY RELEASE, EXCEPT WITH RESPECT
TO ANY ACTS OR OMISSIONS EXPRESSLY SET FORTH IN AND PRESERVED BY THE PLAN, THE PLAN
SUPPLEMENT, OR ANY PLAN DOCUMENTS, UPON THE EFFECTIVE DATE, NO EXCULPATED PARTY
SHALL HAVE OR INCUR, AND EACH EXCULPATED PARTY SHALL BE RELEASED AND EXCULPATED
FROM, ANY CLAIM OR CAUSE OF ACTION, LOSS, REMEDY, OR LIABILITY FOR ANY ACT OR OMISSION
IN CONNECTION WITH OR ARISING OUT OF (A) THE ADMINISTRATION OF THE CHAPTER 11 CASES OR
THE CBCA PROCEEDINGS; (B) THE FORMULATION, NEGOTIATION, PREPARATION, DISSEMINATION, OR
TERMINATION OF THE DIP FACILITY, THE CBCA PLAN OF ARRANGEMENT, THE NEW SECURED NOTES
INDENTURE,THE DISCLOSURE STATEMENT,THE PLAN SUPPLEMENT, ANDTHIS PLAN (INCLUDINGTHE
PLAN DOCUMENTS), OR THE SOLICITATION OF VOTES FOR, OR CONFIRMATION OF, THIS PLAN, OR THE
SOLICITATION OF VOTES FOR THE CBCA PLAN OF ARRANGEMENT; (C) ANY CONTRACT, INSTRUMENT,
RELEASE, OR OTHER AGREEMENT OR DOCUMENTS (INCLUDING PROVIDING ANY LEGAL OPINION
REQUESTED BY ANY ENTITY REGARDING ANY TRANSACTION, CONTRACT, INSTRUMENT, DOCUMENT,
OR OTHER AGREEMENT CONTEMPLATED BY THE PLAN, OR THE RELIANCE BY ANY EXCULPATED
PARTY ON THE PLAN OR THE CONFIRMATION ORDER IN LIEU OF SUCH LEGAL OPINION) CREATED OR
ENTERED INTO IN CONNECTION WITH THE DISCLOSURE STATEMENT OR THE PLAN; (D) THE FILING
OF THE CHAPTER 11 CASES OR THE CBCA PROCEEDINGS; (E) THE FUNDING OF THIS PLAN; (F) THE
OCCURRENCE OF THE EFFECTIVE DATE; (G) THE ADMINISTRATION OF THIS PLAN OR THE PROPERTY
TO BE DISTRIBUTED UNDER THIS PLAN; (H) THE DISTRIBUTION OR ISSUANCE OF SECURITIES UNDER
OR IN CONNECTION WITH THIS PLAN; OR (I) THE SALE TRANSACTIONS OR OTHER TRANSACTIONS
IN FURTHERANCE OF ANY OF THE FOREGOING (THE FOREGOING, THE “EXCULPATED CLAIMS”);
PROVIDED, HOWEVER, THAT NO EXCULPATED PARTY SHALL BE RELEASED HEREUNDER FROM ANY
EXCULPATED CLAIM, EITHER IN LAW OR IN EQUITY, THAT AROSE AS A RESULT OF ANY ACT, OMISSION,
TRANSACTION, EVENT, OR OTHER OCCURRENCE BY AN EXCULPATED PARTY, WHICH HAS BEEN
FOUND BY ANY COURT OR TRIBUNAL BY A FINAL, NON-APPEALABLE ORDER TO CONSTITUTE GROSS
NEGLIGENCE,FRAUD,ORWILLFULMISCONDUCT.
INJUNCTION.
(a) GENERAL. ALL ENTITIES WHO HAVE HELD, HOLD, OR MAY HOLD CLAIMS OR INTERESTS
(OTHER THAN THE CLAIMS REINSTATED UNDER THIS PLAN) AND ALL OTHER PARTIES IN INTEREST
IN THE CHAPTER 11 CASES, ALONG WITH THEIR RESPECTIVE CURRENT AND FORMER EMPLOYEES,
AGENTS, OFFICERS, DIRECTORS, PRINCIPALS, AND AFFILIATES, PERMANENTLY ARE ENJOINED, FROM
AND AFTER THE EFFECTIVE DATE, FROM (I) COMMENCING OR CONTINUING IN ANY MANNER ANY
ACTION OR OTHER PROCEEDING OF ANY KIND AGAINST THE DEBTORS OR THE POST-EFFECTIVE DATE
DEBTORS, (II) ENFORCING, ATTACHING, COLLECTING, OR RECOVERING BY ANY MANNER OR MEANS OF
ANY JUDGMENT, AWARD, DECREE, OR ORDER AGAINST THE DEBTORS OR THE POST-EFFECTIVE DATE
DEBTORS, (III) CREATING, PERFECTING, OR ENFORCING ANY ENCUMBRANCE OF ANY KIND AGAINST
THE DEBTORS OR THE POST-EFFECTIVE DATE DEBTORS, OR (IV) ASSERTING ANY RIGHT OF SETOFF,
SUBROGATION, OR RECOUPMENT OF ANY KIND AGAINST ANY OBLIGATION DUE TO THE DEBTORS OR
THE POST-EFFECTIVE DATE DEBTORS, OR AGAINST THE PROPERTY OR INTERESTS IN PROPERTY OF
THE DEBTORS, THE POST-EFFECTIVE DATE DEBTORS, OR THE BUYER, ON ACCOUNT OF SUCH CLAIMS
OR INTERESTS; PROVIDED, HOWEVER, THAT NOTHING CONTAINED HEREIN SHALL PRECLUDE SUCH
ENTITIES FROM EXERCISINGTHEIR RIGHTS PURSUANTTO AND CONSISTENTWITHTHETERMS HEREOF
AND THE CONTRACTS, INSTRUMENTS, RELEASES, INDENTURES, AND OTHER AGREEMENTS AND
DOCUMENTS DELIVERED OR ASSUMED UNDER OR INCONNECTIONWITHTHE PLANTHATSURVIVETHE
OCCURRENCEOFTHEEFFECTIVEDATE.
(b) INJUNCTION AGAINST INTERFERENCE WITH PLAN. UPON ENTRY OF THE CONFIRMATION
ORDER, ALL HOLDERS OF CLAIMS AND INTERESTS AND THEIR RESPECTIVE CURRENT AND FORMER
EMPLOYEES, AGENTS, OFFICERS, DIRECTORS, PRINCIPALS, AND AFFILIATES SHALL BE ENJOINED
FROM TAKING ANY ACTIONS TO INTERFERE WITH THE IMPLEMENTATION OR CONSUMMATION OF THE
PLANANDTHESALETRANSACTIONS.
Plan Objection Deadline. The deadline for filing objections to the Plan (a“Plan Objection”) is April
25,2022,at 4:00 p.m.(prevailing EasternTime) (the“Plan Objection Deadline”). Any objection to the
Plan must: (a) be in writing;(b) conform to the Bankruptcy Rules,the Local Rules for the Bankruptcy Court,
and any orders of the Bankruptcy Court; (c) state with particularity the basis and nature of any objection
to the Plan and, if practicable, a proposed modification to the Plan that would resolve such objection;
and (d) be filed with the Bankruptcy Court (contemporaneously with a proof of service) and served upon
the following notice parties so as to be actually received on or before April 25, 2022, at 4:00 p.m.
(prevailing EasternTime): (i) counsel for the Debtors,Shearman & Sterling LLP,599 Lexington Ave.,New
York,NewYork,10022,Attn:Fredric Sosnick and Jordan A.Wishnew;(ii) counsel to the Debtors’prepetition
term lenders and postpetition lenders, Dechert LLP, 1095 Sixth Avenue, New York, New York, 10036, Attn:
Solomon Noh and Stephen M. Wolpert; (iii) counsel to the Ad Hoc Steering Committee, Cleary Gottlieb
Steen Hamilton LLP,One Liberty Plaza,NewYork,NewYork 10006,Attn:Richard J.Cooper,Luke A.Barefoot,
and Kristin Corbett; and (iv) the Office of the United States Trustee for Region 2, 201 Varick Street, Suite
1006,NewYork,NewYork10014,Attn:BrianS.Masumoto,Esq.andSharaCornell,Esq.
ADDITIONALINFORMATION
Obtaining Solicitation Materials.The materials in the Solicitation Package are intended to be self-
explanatory. If you should have any questions,however,please feel free to Prime Clerk LLC,the Notice and
Claims Agent retained in these chapter 11 cases,by: (a) calling the Notice and Claims Agent at (877) 720-
6615 (U.S.toll-free) or (646) 979-4415 (international toll/local);(b) writing to stonewayinfo@primeclerk.
com; or (c) writing to Stoneway Ballot Processing Center, c/o Prime Clerk LLC, 850 Third Avenue, Suite
412, Brooklyn, NY 11232. You may also obtain copies of any pleadings filed with the Bankruptcy Court
for free by visiting the Debtors’ restructuring website, https://cases.primeclerk.com/StonewayCapital/
Home-Index,orforafeeviaPACERathttps://www.pacer.gov/.
Filing the Plan Supplement. The Debtors will file the Plan Supplement on or before April 18,2022
and will serve notice on all Holders of Claims entitled to vote on the Plan,which will: (a) inform parties
that the Debtors filed the Plan Supplement; (b) list the information contained in the Plan Supplement;
and(c)explainhowpartiesmayobtaincopiesofthePlanSupplement.
BINDINGNATUREOFTHEPLAN: IFCONFIRMED,THEPLANSHALLBINDALLHOLDERSOFCLAIMS
ANDINTERESTSTOTHEMAXIMUMEXTENTPERMITTEDBYAPPLICABLELAW,WHETHERORNOT
SUCHHOLDERWILLRECEIVEORRETAINANYPROPERTYORINTERESTINPROPERTYUNDERTHE
PLAN,HASFILEDAPROOFOFCLAIMINTHECHAPTER11CASE,ORFAILEDTOVOTETOACCEPTOR
REJECTTHEPLANORVOTEDTOREJECTTHEPLAN.
Dated: March 22, 2022, New York, New York, SHEARMAN & STERLING LLP, /s/ Fredric Sosnick , Fredric
Sosnick, Jordan A.Wishnew, 599 Lexington Avenue, New York, NY 10022, Phone: (212) 848-4000, Email:
fsosnick@shearman.com, jordan.wishnew@shearman.com, Counsel to the Debtors and Debtors in
Possession
1
The Debtors in these Chapter 11 Cases and the last four digits of their registration numbers in the
jurisdiction where they operate are: Stoneway Capital Ltd. (4518) (BVI), Stoneway Capital Corporation
(1512) (Canada), Stoneway Energy International LP (1029) (Canada), Stoneway Energy LP (1028)
(Canada), Stoneway Group LP (0837) (Canada), Stoneway Power Generation Inc. (1748) (Canada), and
GRMEnergyInvestmentLimited(6730)(BVI).
2
Capitalized terms not otherwise defined herein shall have the same meanings ascribed to them in the
Plan.
3
Instructions to register for CourtSolutions LLC are attached to General Order M-543 (which can be
foundathttp://www.nysb.uscourts.gov).
Issue Record Payable Rate
Date Date
Common March 31, 2022 April 15, 2022 $0.05
B8 | R E P O RT O N B U S I N ES S
GLOBE INVESTOR
Why are some Canadians stockpiling cash?
Fear of war, civil unrest and cyberattacks
Newsletter survey
found more than 51%
of people are stashing
money at home, with
an average of $5,069
ROB
CARRICK
OPINION
C
anadians are turning to
cash as a financial security
blanket in these troubled
times. Piles of cash.
An informal survey conducted
through my Carrick on Money e-
mail newsletter asked people
whether they keep money at
home, not including what’s in
their wallet or cash jar. Just more
than 51 per cent of the 6,642 peo-
ple who anonymously completed
the survey as of mid-week said
they did, and the average amount
of cash on hand was a hefty
$5,069.
The most commonly cited
purpose behind keeping cash at
home is for emergencies and
convenience. But many survey
participants offered reasons that
reflect a hunger for security in an
increasingly uncertain and
Sensible tax tips when
filing your 2021 return
TIM
CESTNICK
OPINION
TAX MATTERS
FCPA, FCA, CPA(IL), CFP, TEP, is an author,
and co-founder and CEO of Our Family
Office Inc. He can be reached at
tim@ourfamilyoffice.ca.
A
good friend of mine is an ac-
countant. He’s already
swamped preparing tax re-
turns. It’s not even the peak of
tax time and he’s already losing it. He sat
down to dinner this week and his wife
told me that, with a glazed look on his
face, he mumbled something like “add
the carrots to the taxable salad then de-
duct the gravy from line five and pass
the potatoes.” Just in case you’re losing
it, too, here’s a list of one dozen sane and
sensible tax tips to keep you on track
when filing your return this year.
RRSP DEDUCTION
If you made a 2021 RRSP contribution,
you’ll be entitled to a deduction but can
choose to defer the claim to any future
year. This makes sense if you’ll be in a
higher tax bracket in the next couple of
years. Report your contribution on
Schedule 7 this year but then specify
how much you’d like to claim in 2021
and how much you want to defer.
PENSION INCOME
You can choose to transfer up to one-
half of eligible pension income to your
spouse. You’ll get a deduction for the
amount and your spouse will add this
amount to his or her income. Don’t for-
get to each claim the pension credit,
which will save you tax.
CANADIAN DIVIDENDS
It may be possible to transfer Canadian
dividends from your spouse’s tax return
to yours. For this to work, the transfer
has to increase your claim for the spou-
sal credit, and you have to transfer all,
not part, of the Canadian dividends. Do
the math with and without the transfer
to see whether this reduces your com-
bined taxes.
BUSINESS ACTIVITY
If you carried on any business be sure to
report it on your tax return, even if you
made no profit. A loss from a business
can offset your other income and save
you tax. But beware of claiming losses
year after year; the taxman will want to
see that the activity is not just a hobby
but is commercial in nature.
BUSINESS INVESTMENT LOSS
Have you made an investment in, or
loaned money to, an arm’s-length small
business corporation that’s now insol-
vent? You may be able to claim one-half
of your loss (called an allowable busi-
ness investment loss) as a deduction
against any income. Speak to a tax pro
"I have this much cash OB haBd"
PerceOtage of respoOdeOts who have eOtered aO amouOt
Less thaO $100 0.80%
$100 to $500
$500 to $1K
$1K to $5K
$5K to $10K 9.90
$10K to $25K 6.20
$25K to $50K 1.30
$50K or more 1.60
T H E G LO B E A N D M A I L , S O U R C E : C A R R I C K O N M O N E Y I N F O R M A L R E A D E R
SURVEY AS OF MARCH 22
threatening world.
Seventy-six people cited war
as a reason for holding cash, one
of whom said they put $2,000
away “just since the war in
Ukraine.” Almost 100 people cit-
ed COVID-19: “I am more cogni-
zant of the need to be prepared
since the pandemic,” wrote one
newsletter reader.
Fear of power outages that
knock out ATMs and the elec-
tronic banking system was an-
other popular reason for holding
cash at home. Phrases that
cropped up repeatedly as people
explained their rationale for hav-
since the rules are complex.
MOVING EXPENSES
If you moved in 2021, you may be able to
claim moving expenses. Your deduction
will be limited to the amount of income
you earned in your new location. If your
income wasn’t high enough to claim all
the expenses, you can carry those excess
expenses forward to claim them in 2022.
CARRYING CHARGES
Don’t forget to deduct interest costs in-
curred to earn income. People often for-
get to check their investment state-
ments for interest paid on margin ac-
counts. Also, claim any investment fees
for non-registered accounts, and ac-
counting or tax preparation fees if you
have income from a business or invest-
ments and accounting was required for
these.
EMPLOYMENT EXPENSES
If you’re an employee and used your ve-
hicle for work, travelled, paid for parking
or supplies, worked from home (many
people did) or incurred certain other un-
reimbursed costs, you can likely claim a
deduction for these. Your employer will
need to complete form T2200. Also,
don’t forget to claim a GST/HST rebate
for those costs on Form GST370.
TRANSFERRABLE AMOUNTS
Certain tax credits can be transferred to
you from your spouse if he or she can’t
benefit from them. These include the
age amount, caregiver amount (for in-
firm children under 18), pension income
amount, disability amount and tuition
amount. Use Schedule 2 to claim a trans-
fer of these credits.
MEDICAL EXPENSES
Have you incurred medical expenses?
Go to canada.ca and search “medical ex-
penses” to check out allowable costs.
You can claim expenses for any 12-
month period that ended in 2021 (which
could allow a credit for expenses from
2020 if they haven’t been claimed yet).
And you’ll generally save more tax by
claiming medical expenses on the low-
er-income spouse’s tax return.
CHARITABLE DONATIONS
It’s possible to claim all the donations
for you and your spouse on one tax re-
turn. This will save a little tax when com-
pared with splitting them up and mak-
ing a claim on both returns. Donations
can also be carried forward up to five
years if you can’t fully benefit from the
claim in 2021.
CANADA TRAINING CREDIT
You may be able to claim a credit for eli-
gible tuition and other fees paid for
courses taken in 2021. You can claim up
to $250 for each year, and if you don’t
make a claim one year, the amount car-
ries forward for use in later years to a
maximum of $5,000 in your lifetime.
This credit started in 2020.
O T H E G LO B E A N D M A I L | F R I DAY , M A RC H 2 5 , 2 0 2 2
“Have been doing some renos Interest in keeping cash at
and need to pay some contrac- home contrasts with what hap-
tors in cash,” one survey partici- pened in the broader economy
pant wrote. Another said they during the pandemic. The 2021
keep $10,000 around for unex- Canadian Payment Methods and
21 pected home renovations. Trends report from Payments
A total of 3,104 people speci- Canada showed the number of
17.80 fied how much cash they keep at cash transactions fell by 16.5 per
home, the vast majority of them cent in 2020 from the previous
41.40 with less than $50,000. In this year. ATM use was down 9.2 per
group, the average cash amount cent in the number of transac-
was $2,675. The overall average of tions, while the number of per-
$5,069 reflects the statistical im- sonal cheques fell almost 28 per
pact of people who hold six-fig- cent in volume.
ure amounts. Two notable ways people are
How people organize their replacing cash: Contactless debit
cash is interesting – one survey payments and e-transfers, which
participant holds $200 in $5 bills, were up 35 per cent and 48 per
another has $100 in coins and an- cent, respectively, in volume over
other said $1,500 in small-de- 2019 levels. Just more than one-
nomination bills “and lots of loo- third of people surveyed said
ing cash at hand: civil unrest, nies and toonies.” The emphasis they did not expect to return to
cyberattack, earthquake, crisis, on small bills make sense – get- using cash at prepandemic levels.
catastrophe and Armageddon. ting someone to break a $50 The cliché about keeping cash
Five people specifically men- amid civil unrest, cyberattack, at home is that it’s something
tioned Vladimir Putin and 41 earthquake, crisis, catastrophe or you’re influenced to do if you or
mentioned Russia. Several peo- Armageddon could be a problem. family members lived through
ple linked their cash holdings to The vast majority of cash the Depression, or you or family
the federal government respon- stockpiled at home is in Cana- have lived in a country with a his-
ding to trucker blockades this dian dollars, but U.S.-dollar hold- tory of unrest, war or invasion.
past winter by invoking the ings are common as well. Other But hundreds of people in the
Emergencies Act, which provides currencies mentioned were eu- newsletter poll indicated that
the power to freeze bank ac- ros, British pounds, Hong Kong they have started accumulating
counts. dollars and Mexican pesos, and a cash in the past two years. Even
Cash holdings also reflect the few people said their at-home when electronic banking is tak-
continued existence of an under- holdings went beyond cash to in- ing over in day-to-day spending,
ground economy where people clude gold and silver bars, ingots people turn to cash for security in
pay for services under the table. or wafers. stressful times.
Major oil shocks don’t
always short-circuit stocks
JAMIE McGEEVER ORLANDO noses and buy stocks simply because
they are not bonds, as fixed-income as-
sets around the world get crushed by
S
urging oil prices dent economic the weight of rising inflation and in-
activity and fuel inflation, but are terest rate expectations.
not necessarily bad for stock U.S. Treasuries are having their worst
markets. month since 2009 and are on course for
A look at four previous major oil their worst quarter in at least 25 years.
shocks – 1974, 1979, 1990 and 2000 – That makes them cheaper, but Wall
suggests it is a brave investor who bets Street’s 10-per-cent bounce off its lows
with any certainty how equities will suggests investors still prefer equities.
react over the coming year to the cur- “Bonds just do not look like an
rent surge in energy prices. attractive option this time round, espe-
Right now, it may seem obvious: Sky- cially for those investors worried about
high oil is stoking the strongest infla- higher inflation. Maybe … there still is
tion in decades, the U.S. Federal Reserve no alternative to owning equities,” Citi
is bent on jacking up interest rates, eco- wrote on Monday.
nomic growth is slowing, consumers
are being squeezed and corporate prof-
OIL PACKS WEAKER PUNCH
its will surely suffer.
How can stocks emerge from that
unscathed, especially with war break- U.S. stocks are still more expensive than
ing out in Europe and global geopolit- they were during the 1990 oil shock but
ical stability suddenly at its most pre- much cheaper than in 2000.
carious in decades? The energy sector’s weighting in the
Citi research shows that world stocks S&P 500 is less than 4 per cent, down
fell 30 per cent in the 12 months after from around 6 per cent in 2000, 10 per
the 1974 and 2000 oil peaks but rose 10 cent in 1990 and almost 25 per cent in
per cent in the year after the 1979 and 1979.
1990 shocks. They define an oil shock as Lastly, the U.S. economy is simply far
the price of Brent crude at less vulnerable to expen-
least doubling its three- sive oil than it was in the
year moving average. past.
Commerce Department
We are way less
data show that spending
SUPPORTIVE GROWTH? dependent on oil on energy goods and ser-
today, we are vices in 1970 was around
Brent was hovering just way more efficient. 6.5 per cent of total con-
under US$100 a barrel on The oil price increase sumer spending, and
Feb. 23, the day before more than 9 per cent in
Russia invaded Ukraine, is trivial compared to the early 1980s. In January
home equity gains it was 4.2 per cent.
and averaged around
US$60/bbl in the previous in recent years, Bruce Galloway at Gal-
three years. It spiked to loway Capital Partners in
which are worth
US$139/bbl on March 7, Miami notes that in the
and remains around trillions. People are late 1970s the U.S. econo-
US$120/bbl. feeling good, my consumed an average
Citi’s analysts say there even though of nearly 19 million bar-
is no clear explanation for rels of oil a day.
oil prices are
this but suggest some rea- Almost half of that was
sons why equities might going up. imported, and annual
break higher this time GDP was barely US$3-tril-
BRUCE GALLOWAY
around. GALLOWAY CAPITAL lion.
One is the relative PARTNERS IN MIAMI Today, oil consumption
strength of the U.S. econo- is broadly the same, yet
my. In these past four oil shocks, the the economy is nearly 10 times bigger
ISM index of non-services activity and almost entirely energy self-suffi-
plunged below 50 and was followed by cient.
recession. “We are way less dependent on oil
That index in February was at 58.6, a today, we are way more efficient. The
much higher starting point than the av- oil price increase is trivial compared to
erage 52.3 over the previous four epi- home equity gains in recent years,
sodes. which are worth trillions. People are
Most economists still expect U.S. feeling good, even though oil prices are
gross domestic product to grow more going up,” he said.
than 3 per cent this year, which should U.S. consumers are grappling with
provide a decent backdrop for contin- the highest nominal average gasoline
ued, if slowing, earnings growth. prices on record above US$4.30 a gal-
Another is negative real interest lon, which automobile club AAA warns
rates. Even though the Fed is slamming could reach US$7 a gallon if crude hits
its foot on the policy tightening pedal, US$200/bbl.
annual consumer price inflation of al- But as former Treasury Secretary Lar-
most 8 per cent means real rates will ry Summers said at an Economic Club
likely stay below zero well into next of New York event on Tuesday: “Even if
year. oil prices go to $200 a barrel, the price
Negative real rates gave a huge boost of driving a mile will not be higher than
to global equities during the COVID-19 it was in the 1970s because cars are
pandemic shutdown. much more fuel efficient and because
In 2020, the MSCI world benchmark of the inflation that’s taken place since
index rose 15 per cent, despite a 22-per- that time.”
cent drop in earnings per share.
Many investors may also hold their REUTERS
F R I DAY, MA RC H 2 5 , 2 0 2 2
Russian stocks jump
as trade resumes after
month-long break
Energy and metals firms led a
jump in Russian stocks on Thurs-
day as trading resumed after
almost a month’s suspension,
reflecting soaring global prices
for oil, gas and other commod-
ities on fears the Ukraine crisis
will threaten supply.
The market was also under-
pinned by a government com-
mitment to support stocks, lead-
ing a senior U.S. official to dis-
miss the limited resumption of
trading as “a charade: a Potem-
kin market opening.”
Stocks had not traded on Mos-
cow’s bourse since Feb. 25, the
day after Russian President
Vladimir Putin sent troops into
neighbouring Ukraine, prompt-
ing Western sanctions aimed at
isolating Russia economically
and then Russian countermea-
sures.
The reaction has cut off Rus-
sian financial markets from
global networks and sent the
currency tumbling.
Stocks had also plunged im-
mediately after Moscow
launched what it calls “a special
military operation” to disarm
and “denazify” its southern
neighbour.
Restrictions on trade with for-
eigners and a ban on short-sell-
ing remained in place on Thurs-
day as the Moscow Exchange
cautiously resumed equities
trading.
On Friday, more securities, in-
cluding corporate bonds and
Eurobonds will be traded, the
central bank said.
“We will do everything possi-
ble to open all segments of the
stock market soon,” Boris Blok-
hin, head of Moscow Exchange’s
Betting on a rebound among battered U.S. tech stocks
GARY CHRISTIE
NUMBER CRUNCHER
Head of North American research
at Trading Central in Ottawa
WHAT ARE WE LOOKING FOR?
This week we hunt for opportu-
nities in the U.S. technology sec-
tor, which has underperformed
over the past three months
ahead of the April earnings sea-
son.
The end of March gives traders
enough time to “buy the rumour
and sell the news” when it comes
to coming quarterly earnings an-
nouncements.
The Technology Select Sector
SPDR Fund (XLK) is down 10.6
per cent over the past three
months after flirting with bear
market territory. Digging deeper
into the sector, computer hard-
ware, software and electronic
equipment companies have
started to bounce back over the
past five trading days. Are we
about to see a major rebound in
the technology sector during this
upcoming earnings period?
THE SCREEN
We will be using Trading Cen-
EYE ON EQUITIES DAVID LEEDER
BOYD GROUP SERVICES (BYD-TSX)
CLOSE $164.09, DOWN $1.92
While his long-term view on Boyd
Group Services Inc. remains bul-
lish, National Bank Financial ana-
lyst Zachary Evershed says near-
term profitability concerns con-
tinue to exist. “We remain wary in
the short term as wage pressure
represents a moving target and
supply chain issues persist,” he
said.
Target: Maintaining a “sector
perform” recommendation for
Boyd shares, Mr. Evershed re-
duced his target to $200 from
$240. The consensus target on the
Street is $218.54.
| T H E G LO B E A N D M A I L O
stock market department, said.
The short session saw energy
firms make stellar gains, with gas
producer Novatek, oil majors
Rosneft and Lukoil and gas giant
Gazprom up 12 per cent to 18.5
per cent.
Brent crude oil, a global
benchmark for Russia’s main ex-
port, was trading near US$120.60
a barrel on Thursday, having
jumped more than 20 per cent
from a month ago as worries
about supply disruptions from
the Ukraine crisis drive up prices.
Shares in mining giant Nor-
nickel also gained 10.2 per cent.
Novatek and Nornickel pared
losses sustained since before Feb.
24 by the session’s close. Fertiliz-
er producer Phosagro closed at a
record high.
“Large bids to buy Russian
shares have been seen since the
market opening,” BCS Brokerage
said in a note, adding that a
promise Russia’s rainy-day fund
will buy shares was also under-
pinning the market.
“The overall sentiment is sup-
ported by the confidence that
the finance ministry will buy
stocks,” BCS said.
The government said on
March 1 that it would use up to
one trillion rubles ($13-billion)
from the National Wealth Fund
to buy battered Russian stocks,
although it was not clear wheth-
er any purchases were being
made on Thursday.
A senior U.S. official said Mos-
cow’s commitment to buy
amounted to artificially prop-
ping up shares, and called the
limited resumption “a Potemkin
market opening.”
“This is not a real market and
Tech stocks indicating earnings & revenue growth, upside price momentum
RANK COMPANY TICKER
1 Nvidia Corp. NVDA-Q
2 Fortinet Inc. FTNT-Q
3 Arista Networks ANET-N
4 Broadcom Inc. AVGO-Q
5 Apple Inc. AAPL-Q
6 Infosys Ltd. INFY-N
7 Entegris Inc. ENTG-Q
8 Microsoft Corp. MSFT-Q
9 ServiceNow Inc. NOW-N
10 Lattice Semicon. LSCC-Q
* Most recent quarter vs. same period a year ago
Source: Trading Central
tral’s Strategy Builder stock
screener to search for U.S. com-
panies in the technology sector
that are showing revenue growth
and upside price momentum
ahead of the coming earnings
season.
We begin by setting a mini-
mum market capitalization
threshold of US$5-billion. We
wish to focus on mid- to large-
capitalization names in the mar-
ket in order to avoid smaller,
more volatile stocks in the sec-
tor.
Next, we will filter for stocks
that have had a positive return
over the past 52 weeks and at
least a 5-per-cent gain over the
past four weeks to identify stocks
LASSONDE INDUSTRIES (LAS.A-TSX)
CLOSE $146, DOWN $1.36
National Bank Financial’s Ryan Li
expects to see clear evidence of
continued inflationary head-
winds when Lassonde Industries
Inc. reports its fourth-quarter
2021 financial results on Friday.
“While price increases are antici-
pated to offset to a degree, full
benefits may not emerge until
H1/22,” he said.
Target: After reducing his reve-
nue and earnings expectations
for fiscal 2022 and 2023, Mr. Li
lowered his target to $172 from
$190, reaffirming an “ouperform”
rating. Consensus is $176.
not a sustainable model – which
only underscores Russia’s isola-
tion from the global financial
system,” deputy White House
national security adviser Daleep
Singh said in a statement.
Trading in Russian companies
listed on the London Stock Ex-
change remains suspended. Pric-
es of some instruments had
plunged to almost zero before
the bourse halted trading of
them in early March.
The Moscow Exchange said
567,000 private investors had ac-
counted for 58.2 per cent of
Thursday’s trading volume, with
121 professional participants con-
ducting the remainder.
“Today the first step was made
in our new reality,” said Elbek
Dalimov, head of equity trading
at Aton brokerage, adding that
trading orders were limited with
non-residents, who hold more
than half the free float on the
market, sidelined.
“In the morning we saw a
huge number of retail investors
who on the one hand were clos-
ing short positions and on the
other were ready to park their
rubles in shares, so as to some-
how save them from inflation,”
he said.
The benchmark MOEX stock
index ended the short trading
session 4.4 per cent higher at
2,578.51 points, having earlier re-
ached a day peak of 2,761.17.
The dollar-denominated RTS
index fell 9 per cent on the day
to 852.64, pressured by the weak-
er ruble, according to MOEX data
that was suspended in the Eikon
terminal.
REUTERS
REV. EPS 1Y
MKT. CAP. GRWTH GRWTH PRICE
(US$ BIL.) (%) * (%) * PERF. (%)
643.0 52.8 104.3 102.8
51.7 28.8 33.7 87.6
41.0 27.1 29.9 87.2
245.0 15.8 83.3 31.1
2,780.0 11.2 25.0 41.7
103.0 20.9 5.9 30.3
18.0 22.7 38.1 28.9
2,250.0 20.1 22.2 27.2
114.0 29.1 62.5 20.2
8.3 32.3 81.8 45.6
that are showing upward price
momentum.
Finally, we screened for tech
stocks that are indicating earn-
ings per share growth above 5
per cent and revenue growth of
at least 10 per cent last quarter
versus the same quarter a year
ago.
For informational purposes
we have also included the price-
to-earnings ratio, dividend yield
and recent stock price.
MORE ABOUT TRADING CENTRAL
Trading Central is a global leader
in financial market research and
investment analytics for retail
online brokers and institutions.
CRESCO LABS (CL-CN)
CLOSE $7.29, DOWN 30¢
“Taking a cautious stance” after
weaker-than-expected fourth-
quarter results and the “transfor-
mational” $2-billion acquisition
of Columbia Care Inc., Stifel ana-
lyst Andrew Partheniou lowered
Cresco Labs Inc. to “hold” from
“buy.” He thinks Cresco has a “for-
midable” task in the closing and
integrating of Columbia Care at a
“pivotal time in the industry.”
Target: Mr. Partheniou cut his
target to $8 from $30, warning
“shares could suffer from an over-
hang.” Consensus is $22.08.
R E P O RT O N B U S I N ES S | B9
Markets summary
CANADIAN STOCKS
Canada’s main stock index edged higher as shares of cannabis
producers climbed sharply, but a dip in energy shares capped
gains for the commodity-heavy market.
The S&P/TSX Composite Index ended up 0.03 per cent, at
21,937.89. On Tuesday, it notched a record closing high of
22,074.35.
The health care sector, which includes cannabis producers,
rose 6.8 per cent after news that the U.S. House of Representa-
tives is preparing to vote on federal legalization of marijuana.
Energy shares were a drag, falling 0.2 per cent, as the price
of oil settled 2.25 per cent lower at US$112.34 a barrel. The ener-
gy and materials sectors combined account for 27 per cent of
the weighting on the Toronto market. Among individual
shares, Brookfield Asset Management Inc. rose 1.25 per cent
after a unit of the company and fund manager Morrison & Co.
entered an exclusivity deed with Uniti Group Inc.
U.S. STOCKS
Major U.S. stock indexes rallied more than 1 per cent, extend-
ing the market’s recent rebound, as investors snapped up bea-
ten-down shares of chip makers and big growth names and as
oil prices dropped. Nvidia Inc.’s stock gained 9.8 per cent, lead-
ing a rally across the chip sector and hitting its highest level
since mid-January. Intel Corp. climbed 6.9 per cent, and both
stocks helped to boost the S&P 500 and the Nasdaq.
The Dow Jones Industrial Average rose 1.02 per cent, the
S&P 500 gained 1.43 per cent and the Nasdaq Composite add-
ed 1.93 per cent.
COMMODITIES
Crude prices slid 2 per cent after the European Union could
not agree on a plan to boycott Russian oil and on reports that
exports from Kazakhstan’s Caspian Pipeline Consortium ter-
minal could partly resume.
FOREX AND BONDS
The Canadian dollar strengthened to a two-month high
against its U.S. counterpart, notching its eighth straight day of
gains, as Wall Street rallied and domestic attention shifted to a
coming speech by a senior Bank of Canada policy maker.
The U.S. dollar rose for the fourth time in the past five ses-
sions, as economic data on the labour market helped firm ex-
pectations the U.S. Federal Reserve will be more aggressive in
taking steps to curb inflation.
Canadian government bond yields were higher across the
curve. The 10-year rose 6.9 basis points to 2.386 per cent, stop-
ping short of the three-year peak of 2.443 per cent it touched
during Wednesday’s session. U.S. Treasuries resumed a sell-
off, driving bond yields higher, after fresh data added to fears
that high inflation will keep the Fed on track to combat rising
prices with a series of interest-rate hikes.
REUTERS
ogy chips aimed at artificial in-
telligence. The stock has the best
4W YTD four-week and one-year perform-
PRICE PRICE DIV. RECENT
PERF. (%) PERF. (%) P/E YIELD (%) PRICE (US$) ance on our list at 14.5 per cent
14.5 -14.9 66.6 0.1 264.01 and 102.8 per cent, respectively.
13.0 -3.5 88.5 n/a 322.00 Growth in revenue and EPS
12.7 -6.4 50.6 n/a 134.72 are also the highest on our list.
6.0 -9.6 34.2 2.7 604.61 For price performance year-to-
6.3 -6.5 28.2 0.5 170.90 date, the stock is down 14.9 per
cent – the worst on our list –
7.0 -3.8 35.8 1.7 24.46
6.4 -4.4 44.1 0.3 133.55 which might be seen as a signif-
6.9 -10.5 31.9 0.8 299.22 icant discount when compared
8.2 -9.9 502.6 n/a 565.43 with its peers in the sector.
5.2 -23 90.3 n/a 60.79 Apple Inc. has the highest
market cap, at US$2.8-trillion. It
just announced a US$4.7-billion
investment as part of its Green
Bond investment fund to sup-
Its product suite provides action- port the development of new
able trading ideas based on tech- low-carbon manufacturing and
nical and fundamental research recycling technologies. The com-
covering stocks, exchange-traded pany has also announced a part-
funds, indexes, forex, options nership with Elysis, a carbon-free
and commodities. smelting company based in
Montreal, to help produce car-
bon-free aluminum used in the
WHAT WE FOUND
new iPhone SE. Apple’s stock
Every stock on our list has a neg- price is only down 6.5 per cent
ative return year-to-date, which year-to-date after rebounding 13
may be of some interest to in- per cent off a March 15 low.
vestors using a bottom-feeding The investment ideas present-
stock selection methodology. ed here are for information only.
Topping our list is Nvidia They do not constitute advice or
Corp., a leading designer of
a recommendation by Trading
graphics processors. The com- Central in respect of the invest-
pany has been trending in tech ment in financial instruments.
news recently after announcing
Investors should conduct further
three new powerful GPU technol- research before investing.
NEIGHBOURLY PHARMACY (NBLY-TSX) AUTOMOTIVE (APR.UN-TSX)
CLOSE $30.30, DOWN $1 CLOSE $14.65, DOWN 6¢
Desjardins Securities analyst Canaccord Genuity’s Mark Roth-
Chris Li called Neighbourly Phar- schild expects Automotive Prop-
macy Inc.’s $435-million acquisi- erties Real Estate Investment
tion of Rubicon Pharmacies “tru- Trust’s funds from operations
ly a transformative deal,” seeing it growth to gain momentum with
increase its revenue and geo- its “accelerated” pace of acquisi-
graphic base and enhancing its tions. “Automotive Properties
position as “the leading consoli- REIT (APR) reported another
dator in the highly fragmented quarter of steady financial per-
pharmacy space” by removing an formance in Q4/21, reflecting the
important competitor. REIT’s stable tenant base of lead-
Target: With a “hold” rating, he ing automotive dealer groups and
raised his target to $35 from $33. long lease terms,” he said.
Consensus is $38.36. Target: Mr. Rothschild bumped
his target to $14.25 from $14, reit-
erating a “hold” rating. Consen-
sus is $15.17.
 PAI D P O S T ADVERTISING FEATURE PROVIDED BY MACKENZIE FINANCIAL CORPORATION. THE GLOBE AND MAIL’S EDITORIAL DEPARTMENT WAS NOT INVOLVED.

 
Uncertain future calls
for portfolio reconstruction
) 
  0
T 2 



  Asset allocation is 
  2 2 the most important    
    2   
0

  
decision that    $0
 investors make, 
0
/ /
0
0



 
as this typically
drives overall risk 2  
0 2
 $0



0
  )
4   in a portfolio. A 0  
 2 
0
resilient portfolio
  2 
 2 requires assets that    0 
2 react differently 2 2  0  
00     "
0 to economic  0
 0 environments.    
0 0 
 4
    0 0 Nelson Arruda  
Co-Lead, Mackenzie
00 0 0 2  

 %)
Multi-Asset Strategies Team
  0  0
 
 0 0 4 $0 

 %)
 0 2 0   0 
      0 
 
 A !   
   A !A        
A A 
  4  2
2   0 00 0 2  ! %) & #  

0   0 0 0  4  
2 0    
2  $0  
0

 
0   
      
4 0 2  
 
  0 0 0    0
 4

 


0
  0 2 2  4 0
  2  00 
   0
" 
0    
  0
 2
2   2 0

 
 2

2

 $0
2 

0

2
0 


0 0
Delivering portfolio o

0
4
0
 0

2 0 
4

4

2
0



2 
4


4 0







with next generation t
  0   0  2
 0    0 0   
2  2 2
0 0
2  2     
2   0  0
  
 0   2
 2      
0   0 0  0  2
 2  0 2
    4  
2     0  2
 
     AA
 A
    A        
 2 A A A 
  0
 2 4 0
0   0 0
 0 
   0  0
  2  4  0 0  
 0 2  2
00  0 0 2 4   0  " "  "$
0 ! $0 ""  
Commissions, trailing commissions, managem
ed with mutual fund investments. Please read
ed rates of return are the historical annual co
2022 including changes in unit value and rein
into account sales, redemption, distribution,
by any securityholder that would have reduce
their values change frequently and past perfo
©2022 Morningstar. All Rights Reserved. The
etary to Morningstar and/or its content provid
(3) is not warranted to be accurate, complete o
providers are responsible for any damages o
tion. Past performance is no guarantee of fut
Morningstar Star Ratings reflect performance
subject to change monthly. The ratings are a
historical risk-adjusted performance relative t
at least a three-year track record are consid
weighted combination calculated from a fund
sured against the 91-day treasury bill and pe
there are a sufficient number of funds in its
three years. If a fund scores in the top 10% of i
next 22.5%, it receives 4 stars; a place in the m
next 22.5% receive 2 stars; and the lowest 10%
lation of Morningstar Star Ratings, see www.m

 
 

 
  

 -
 PA I D POS T


 
. 2
2+ 

 
THE END OF   *2. 
2
.# CAPITAL MARKET
THE TREND :1+.*+ +. ..
+ .* TRENDS, 2011-2021
+ 0+
 +.0. .*
> *10+ 0*

+ 2*  *+.1 + 2. 1* Stable economic growth
4. *
+ .  2* .*+. *.+ 
0*+ and low inflation in the
*
0
.+ 
. % ++.+ * .  *.# last decade supported key
0+.& +2+  . 0+++ 5  . +
*.+ 0
).  capital market trends:
 * +0
0
# >+ 9*. 5 2* . -: 


*. +.*.
 . 
 7+ +.*0 
.* + *+


 
• 10-year government bond

+.
0. /77,# 5 0.. *.+ . .* 2+.  yields fell sharply, delivering
:1+.*+ ..
+ 
+.*5# strong average returns of
5
+  
+. *.+ *
 . 
 4.

about 2.9%
  0.

 0 *.# . *  .*  +0*. *
:.

). +. + * 1. *.+ . + .*
0
*.* • Stock markets in developed
 
.+ *.0*
2. 0*..5  . 0. * . countries like the SP500
. 9 3 *++  /77 # . 5 
 *.+# delivered average returns
of about 15% compared
to the long-term historical
average of 6% since 1928
• Tech-heavy “growth” stocks
strongly outperformed
“value” stocks
  %)( )    ( • US stocks outperformed
the Canadian stock market
by an average of 2.5%
• Emerging market
stocks underperformed
developed world stocks by


about 8.8% on average
• Government bonds
diversified equity risk in
balanced asset allocations
with a negative stock-
bond return correlation as
investors sought the safety
of bonds in turbulent times
for stocks.
  

           
 :=>-;
'   )) ' 
$   )" ' 



FROM PREVIOUS PAGE

PLANNING FOR UNCERTAINTY KEEPS YOU A STEP AHEAD

 ..   0+
.  *.0*+

*
0 *+#
1*+5 .+ . +.+


+ *++ 0.*+ +
(
 ( 
%
(
%

> 2*
*+ .  . 
*++*
+# : ..)+ *+. +*
PORTFOLIO
RECONSTRUCTION
*.. . 1
0..  50* 1*.+ 
.* +

utcomes +   +.#

%:.*.
1*+. 

. 0.

0**5 *+
+0++05 **. .* +
1* . 25 * .* 0**.
*51 +..+# :1+.*+
Investors face many choices:
• Stocks and bond allocation
• Foreign currency
thinking +5 * 
 1+.*+ 2.
+6 .+  #=# 
.*
.*. ++.+ & .. +5+#
. .  *2*
. 


 * +.  *2. 

 .# =.+ *

management
(for risk and return)
= 1+.*+ 5 1 .. * . 
 
 +05 • ETFs or mutual funds
0**5

0
+  *
0 + *6# • Developed or
.* 0**5 *+# >+
+ .+
.*.15 . + emerging markets
**+.+  .1 .  0**5 .*
+ *5 +.00+

*.# 0.  .+ 0. .. #=# + 2.
*2 . +25 5 .* • Value or growth

* 4+0*   *
0 + 
1*.+# .* • Active or passive
*. *+  *+ *. + 5 *+
. +25 


.+#  *
. 1**. 5 *+ All these decisions ultimately
%> #=#
* .55 + .*+. *.+ .  1 .. *+0.+  impact fees, which can have
  '. . +.5) 2    +2
2# : .+ + a significant impact on total
+. *.+ * 0
* +.*++ +0 . $0.5 
1*. 
returns over time, as well as
+ *5 /7/7 &  +5+# %; *.+ 0

+.# the potential to add value
#=#
* 4+0* 2. 0

(.* 25 1+.*+ .  +. and control risk.
* $0.5 1+..+  +*1
5 *.*
1*+. 

 +. . *
 * 
  5  +#
 0*. 0.0*
1+.*+#& + * *. *+.*0.#

Scan to learn more

ment fees, and expenses all may be associat-

d the prospectus before investing. The indicat-
ompounded total returns as of February 28,
nvestment of all distributions and do not take
or optional charges or income taxes payable
ed returns. Mutual funds are not guaranteed,
ormance may not be repeated.
e information contained herein: (1) is propri-
ders; (2) may not be copied or distributed; and
or timely. Neither Morningstar nor its content
r losses arising from any use of this informa-
ture results. 

  
 
e of Series F as of February 28, 2022 and are  

  

  
      
  
 
 
 
 
  

an objective, quantitative measure of a fund’s

to other funds in its category. Only funds with
:=
:(< +++ .* +++ . + 
4++  5  ++.
2. 1+.. 0

dered. The overall star rating for a fund is a 1+..+# 8+ *
. *+.0+ * 1+.# :1+.. 0
+ * . 0*.
.* 10+  *$0.5 

d’s 3, 5, and 10-year returns, as available, mea- +. ** 5 .  *.
# > ..  .+  0
 .+ 12+ + *
.+
+*.+  *
**+ . *
0.+ * +0*.+! + . .  0+
* +.*0
+ 1+.. 
1 +  * . + * . +..   * .
eer group returns. A fund can only be rated if 05 *  
*+. *
. * ++*+  5 ..5 * +0*.5 .
#
.0 2 
10* . +0* .+ 0*5
peer group to allow comparison for at least 
.++ 2 ++0  *++.5 * 5 * 0 .#
>+
0. 5 . *2*
 *. 2 *. 0* * .*
*.5 0**. 4..+ * *+.+  0.0*
its fund category, it gets 5 stars; if it falls in the 1.+# 3*2*
 *. + *.5 +0. .  .* .+ *++ 0*..+ 
++0.+ .. 0
0+
middle 35% earns a fund 3 stars; those in the .0 *+0.+ .
* .*5 * .+ 4*++
*# >+ *++ 0*..+ 
++0.+ 0
 2.0. ..
*  . 
*. .*+ .*+. 
* 4 *.+ . 1..5  $0.5 
. *.+ 0+++
% receive 1 star. For more details on the calcu- .. .  +  1*. *0.+ +  .4 2+ 04.
0
 * *0.*5
morningstar.ca. *
+ 
.+.* 1.+# 8+ +
* .+ 
.* .*+ *05 
.  0
0 *  *2*

*.# > *2*
 *. .
* + 0**. 5 +  
 # >* +0
  4..
.. +0 *. 2   *0+.+  0
.
+0.
* *1+
2.* +  *+0.  2 *. 
*0+.+ 0.0* 1.+ * .*2+#
B12 MARKETS O T H EG LO B EA N D M A I L | F R I DAY , M A RC H 2 5 , 2 0 2 2

S&P/TSX COMPOSITE INDEX S&P 500 DOW JONES INDUSTRIAL AVERAGE S&P GLOBAL 100 INDEX
PAST 12 MONTHS PAST 12 MONTHS PAST 12 MONTHS PAST 12 MONTHS

21937.89 | 5.71 | 0.03 % | 3.37 % YTD |243900 VOL(000) 4520.16 | 63.92 | 1.43 % | -5.16 % YTD 2073153 34707.94 | 349.44 | 1.02 % | -4.49 % YTD | 324865 VOL(000) 3062.31 | 30.12 | 0.99 % | -3.24 % YTD

TSX INDEXES AND SUB INDEXES TSX VOLUME TSX 52-WEEK HIGHS
TOP 20 FOR STOCKS $1 OR MORE STOCKS $1 OR MORE

CLOSE NET % VOL YTD CLOSE NET % VOL YTD CLOSE NET % VOL YTD CLOSE NET % VOL YTD
CHG CHG 000S %CHG CHG CHG 000S %CHG CHG CHG 000S %CHG CHG CHG 000S %CHG
TSX COMPOSITE IND 21937.89 5.71 0.03 243900 3.37 TRP TC ENERGY COR 71.06 0.34 0.48 12797 20.79 APY ANGLO PACIFIC 3.20 0.44 15.94 13 33.89 JFS-UN JFT STRATE 23.99 0.83 3.58 2 13.80
TSX 60 INDEX 1326.24 0.42 0.03 111786 3.05 SU SUNCOR ENERGY 41.21 -0.20 -0.48 7888 30.21 ARX ARC RESOURCES 16.91 0.24 1.44 5086 47.04 JOY JOURNEY ENERG 5.72 0.52 10.00 1050 111.85
TSX COMPLETION IN 1275.29 0.07 0.01 132114 4.64 CVE CENOVUS ENERG 20.15 -0.15 -0.74 5924 29.92 BIR BIRCHCLIFF EN 7.82 0.39 5.25 2699 21.05 MBN MBN CORP 10.40 0.10 0.97 2 35.59
TSX SMALLCAP INDE 840.61 -0.96 -0.11 73214 8.60 CPG CRESCENT POIN 9.41 0.01 0.11 5724 39.41 BAM-PF-I BROOKFIE 26.55 0.10 0.38 12 5.19 MRD MELCOR DEV 17.55 0.44 2.57 18 23.24
TSX VENTURE COMPO 883.70 7.50 0.86 66847 -5.91 ARX ARC RESOURCES 16.91 0.24 1.44 5086 47.04 BPO-PR-G BROOKFIE 24.37 0.22 0.91 4 3.70 MINN MIDDLEFIELD 15.14 0.33 2.23 8 11.32
TSX CONSUMER DISC 246.59 -0.23 -0.09 4562 -9.91 CNQ CANADIAN NATU 78.89 -0.58 -0.73 5009 47.60 BEP-PR-G BROOKFIE 27.20 -0.10 -0.37 4 0.11 NTR NUTRIEN LTD 133.89 1.40 1.06 2668 40.82
TSX CONSUMER STAP 778.37 2.33 0.30 4389 2.00 TLRY TILRAY INC 8.79 1.61 22.42 4766 -1.46 CU-X CDN UTIL CL 37.25 0.45 1.22 N-A 1.75 OVV OVINTIV INC 65.81 -0.08 -0.12 287 54.63
TSX ENERGY CAPPED 223.57 -0.42 -0.19 59269 36.50 BTE BAYTEX ENERGY 5.67 -0.10 -1.73 4365 45.01 CU CANADIAN UTILI 37.13 -0.05 -0.13 481 1.20 PSI PASON SYSTEMS 15.30 0.09 0.59 249 32.58
TSX FINANCIALS CA 413.58 0.45 0.11 33775 2.59 NA NATIONAL BANK 98.28 -0.71 -0.72 4270 1.91 CU-PR-C CANADIAN 23.41 0.01 0.04 6 -1.64 PD PRECISION DRIL 86.21 -0.44 -0.51 56 92.91
TSX HEALTH CARE C 42.70 2.73 6.83 14427 -7.09 BNS BANK OF NOVA 91.18 0.24 0.26 4200 1.82 EIT-UN CANOE EIT 14.08 0.10 0.72 243 6.26 SII SPROTT INC 63.38 1.37 2.21 74 11.04
TSX INDUSTRIALS C 390.89 -0.31 -0.08 17544 2.61 WEED CANOPY GROWT 9.93 1.02 11.45 4178 -10.05 CHW CHESSWOOD GR 14.75 0.00 0.00 98 2.50 U-U SPROTT PHYSIC 14.93 0.34 2.33 37 35.60
TSX INFORMATION T 171.37 -0.68 -0.40 9997 -19.26 ENB ENBRIDGE INC 56.91 0.29 0.51 4043 15.18 CGG CHINA GOLD IN 4.48 0.09 2.05 102 32.15 STLC STELCO HOLDI 56.99 4.17 7.89 494 38.26
TSX MATERIALS CAP 398.35 -0.02 -0.01 46773 21.33 ABX BARRICK GOLD 30.68 -0.19 -0.62 3913 27.57 CKI CLARKE INC 12.25 0.60 5.15 24 18.70 TOU TOURMALINE OI 54.86 0.98 1.82 1417 34.33
TSX REAL ESTATE C 376.54 -4.53 -1.19 8987 -5.24 BBD-B BOMBARDIER 1.50 0.02 1.35 3586 -10.71 CRWN CROWN CAPITA 7.85 0.01 0.13 7 4.67 TA-PR-F TRANSALTA 21.60 0.10 0.47 6 7.46
TSX GLOBAL GOLD I 351.14 -2.48 -0.70 67026 20.23 MFC MANULIFE FIN 26.13 -0.01 -0.04 3511 8.38 CXI CURRENCY EXCH 17.87 0.42 2.41 8 32.37 TSL TREE ISLAND S 6.69 0.05 0.75 58 29.65
TSX GLOBAL MINING 127.22 0.78 0.62 169827 22.35 AQN ALGONQUIN POW 19.13 0.07 0.37 3338 4.71 DIV DIVERSIFIED R 3.36 0.06 1.82 491 19.15 TFPM-U TRIPLE FLA 14.45 0.33 2.34 19 20.42
TSX INCOME TRUST 266.65 -2.03 -0.76 8809 1.10 TD TORONTO-DOMINI 100.89 -0.17 -0.17 3329 4.03 FFH-PR-H FAIRFAX 19.69 0.31 1.60 1 6.15 URB URBANA CORP 4.00 0.00 0.00 N-A 8.40
TSX PREFERRED SHA 677.67 -0.72 -0.11 1599 -3.28 ATH ATHABASCA OIL 2.25 -0.01 -0.44 3240 89.08 FIL FILO MINING C 18.84 -0.11 -0.58 305 47.53 URB-A URBANA CORP 3.93 0.09 2.34 24 10.39
TSX COMMUNICATION 205.60 0.02 0.01 7647 5.36 K KINROSS GOLD CO 7.10 -0.03 -0.42 3183 -3.27 IFC-PR-K INTACT F 25.30 0.05 0.20 8 0.88 NPK VERDE AGRITEC 9.84 0.87 9.70 430 251.43
TSX UTILITIES CAP 347.97 -0.02 -0.01 10996 1.34 HOD BETAPRO CRUDE 2.72 0.15 5.84 3164 -65.53 IPCO INTERNATIONA 11.60 0.14 1.22 53 64.07 WTE WESTSHORE TER 33.35 0.29 0.88 87 24.35

TSX GAINERS TSX LOSERS TSX 52-WEEK LOWS

TOP 20 FOR STOCKS $1 OR MORE TOP 20 FOR STOCKS $1 OR MORE STOCKS $1 OR MORE

CLOSE NET % VOL YTD CLOSE NET % VOL YTD CLOSE NET % VOL YTD CLOSE NET % VOL YTD
CHG CHG 000S %CHG CHG CHG 000S %CHG CHG CHG 000S %CHG CHG CHG 000S %CHG
TLRY TILRAY INC 8.79 1.61 22.42 4766 -1.46 GFP GREENFIRST FO 2.14 -0.28 -11.57 2180 15.05 FAP ABERDEEN ASIA 2.70 -0.10 -3.57 205 -11.76 GWO-PR-Y GREAT-WE 22.75 -0.10 -0.44 3 -9.18
APY ANGLO PACIFIC 3.20 0.44 15.94 13 33.89 HND BETAPRO NAT G 7.65 -0.84 -9.89 2701 -72.95 BLN BLACKLINE SAF 5.40 -0.12 -2.17 8 -12.62 IFC-PR-I INTACT F 25.90 0.04 0.15 2 -2.26
KRN KARNALYTE RES 1.19 0.16 15.53 582 190.24 IVQ-U INVESQUE IN 1.32 -0.11 -7.69 4 -35.61 GIB-A CGI GROUP I 101.54 1.28 1.28 593 -9.22 NBLY-R NEIGHBOURL 29.77 -1.23 -3.97 4 -3.41
CLIQ ALCANNA INC 9.01 1.20 15.36 461 31.73 CWEB CHARLOTTE’S 1.46 -0.12 -7.59 605 14.06 CGI-PR-D CANADIAN 25.12 -0.03 -0.12 1 -2.14 NPF-U NEXTPOINT F 1.90 0.00 0.00 7 -62.75
HMJU BETAPRO MARI 15.00 1.99 15.30 4 -27.18 FVI FORTUNA SILVE 4.88 -0.37 -7.05 2719 -1.21 CU-PR-D CANADIAN 24.55 -0.13 -0.53 2 -4.36 PVS-PR-I PARTNERS 25.25 -0.15 -0.59 8 -0.98
PNP PINETREE CAPI 4.88 0.59 13.75 1 -10.46 THNC THINKIFIC LA 3.04 -0.23 -7.03 53 -65.88 CCS-PR-C CO-OPERA 24.65 -0.10 -0.40 3 -2.68 RY-PR-N ROYAL BAN 25.34 -0.07 -0.28 2 -3.28
WEED CANOPY GROWT 9.93 1.02 11.45 4178 -10.05 EPRX EUPRAXIA PHA 1.60 -0.12 -6.98 3 -34.69 CPLF COPPERLEAF T 15.89 -0.23 -1.43 87 -33.38 SIS SAVARIA CORP 16.87 -0.63 -3.60 265 -11.95
HNU BETAPRO NAT G 17.80 1.70 10.56 1079 112.16 USA AMERICAS SILV 1.37 -0.10 -6.80 436 34.31 DRT DIRTT ENVIRON 1.94 0.01 0.52 50 -29.45 TSAT TELESAT CORP 21.92 -0.23 -1.04 4 -39.04
OGI ORGANIGRAM HO 2.10 0.20 10.53 1987 -5.41 CVO COVEO SOLUTIO 10.72 -0.78 -6.78 25 -35.03 DBM-NT DOMAN BUIL 100.00 -2.60 -2.53 35 -2.91 TH THERATECHNOLOG 3.02 -0.03 -0.98 49 -20.94
ACB AURORA CANNAB 5.06 0.48 10.48 3088 -26.13 IVQ INVESQUE INC 1.72 -0.12 -6.52 17 -33.85 WN-PR-C GEORGE WE 24.75 -0.17 -0.68 5 -3.02 VBNK VERSABANK 13.46 -0.04 -0.30 N-A -10.39
JOY JOURNEY ENERG 5.72 0.52 10.00 1050 111.85 GUD KNIGHT THERAP 5.22 -0.34 -6.12 893 -1.51
NPK VERDE AGRITEC 9.84 0.87 9.70 430 251.43 G AUGUSTA GOLD CO 1.24 -0.08 -6.06 78 3.33
CRON CRONOS GROUP 5.02 0.44 9.61 479 0.80 CFF CONIFEX TIMBE 2.04 -0.13 -5.99 33 -1.45
NANO NANO ONE MAT 2.66 0.22 9.02 286 -12.50 HOU BETAPRO CRUDE 27.59 -1.69 -5.77 1042 115.72
IMV IMV INC 1.91 0.14 7.91 38 22.44 HMJI BETAPRO MARI 20.80 -1.25 -5.67 N-A 1.22
STLC STELCO HOLDI 56.99 4.17 7.89 494 38.26 HDI HARDWOODS DIS 38.99 -2.27 -5.50 414 -12.97
PYR PYROGENESIS C 2.76 0.20 7.81 217 -17.12 SBB SABINA GOLD A 1.55 -0.09 -5.49 1836 6.90
FTG FIRAN TECHNOL 2.65 0.19 7.72 17 0.00 XTG XTRA GOLD RES 1.07 -0.06 -5.31 2 9.18
LAC LITHIUM AMERI 43.61 3.10 7.65 1140 18.44 TV TREVALI MINING 1.45 -0.08 -5.23 93 -15.70
GLXY GALAXY DIGIT 23.85 1.60 7.19 1255 5.30 AXU ALEXCO RESOUR 2.20 -0.12 -5.17 249 -1.35

S&P/TSX COMPOSITE INDEX STOCKS

LARGEST STOCKS BY MARKET CAPITALIZATION

CLOSE NET % VOL YTD CLOSE NET % VOL YTD CLOSE NET % VOL YTD CLOSE NET % VOL YTD
CHG CHG 000S %CHG CHG CHG 000S %CHG CHG CHG 000S %CHG CHG CHG 000S %CHG
AAV ADVANTAGE OIL 8.18 0.15 1.87 721 10.39 CCA COGECO COMMUN 102.50 -0.52 -0.50 81 1.76 ITP INTERTAPE POL 39.47 0.00 0.00 424 49.96 REI-UN RIOCAN REA 25.46 -0.20 -0.78 647 10.99
ARE AECON GROUP I 16.55 0.03 0.18 465 -1.95 CIGI COLLIERS INT 161.46 -2.20 -1.34 99 -14.29 IVN IVANHOE MINES 11.91 0.17 1.45 1077 15.41 RBA RITCHIE BROS 73.65 -0.32 -0.43 81 -4.86
AEM AGNICO EAGLE 77.90 -0.77 -0.98 1441 15.94 CSU CONSTELLATION 2123.77 -39.83 -1.84 35 -9.51 RCI-B ROGERS COMM 66.88 0.17 0.25 518 11.04
AC AIR CANADA 23.54 -0.21 -0.88 2657 11.41 CTS CONVERGE TECH 10.11 -0.14 -1.37 392 -6.99 JWEL JAMIESON WEL 34.86 -0.50 -1.41 24 -13.15 RY ROYAL BANK OF 140.49 0.10 0.07 1808 4.65
AGI ALAMOS GOLD I 10.50 -0.06 -0.57 474 7.91 CJR-B CORUS ENTER 4.89 -0.08 -1.61 1293 2.73 RUS RUSSEL METALS 34.07 0.61 1.82 274 1.31
AQN ALGONQUIN POW 19.13 0.07 0.37 3338 4.71 CPG CRESCENT POIN 9.41 0.01 0.11 5724 39.41 KNT K92 MINING IN 8.30 -0.11 -1.31 311 15.44
ATD ALIMENTATION 53.40 1.03 1.97 1852 0.75 CRR-UN CROMBIE RE 18.52 -0.26 -1.38 156 -0.54 KEY KEYERA CORP 30.67 -0.31 -1.00 662 7.50 SSL SANDSTORM GOL 10.22 -0.06 -0.58 283 30.19
AP-UN ALLIED PROP 45.90 -0.87 -1.86 225 4.44 CRON CRONOS GROUP 5.02 0.44 9.61 479 0.80 KMP-UN KILLAM APA 21.69 -0.24 -1.09 292 -8.05 SAP SAPUTO INC 29.83 -0.67 -2.20 633 4.67
ALA ALTAGAS LTD 27.68 -0.14 -0.50 608 1.35 KXS KINAXIS INC 166.28 -0.82 -0.49 70 -6.23 SEA SEABRIDGE GOL 24.07 -0.53 -2.15 139 15.17
AIF ALTUS GROUP L 48.16 -0.15 -0.31 39 -32.14 DML DENISON MINES 2.17 0.04 1.88 2744 24.71 K KINROSS GOLD CO 7.10 -0.03 -0.42 3183 -3.27 SES SECURE ENERGY 5.22 -0.18 -3.33 646 -0.76
ARX ARC RESOURCES 16.91 0.24 1.44 5086 47.04 DSG DESCARTES SYS 95.49 -1.03 -1.07 219 -8.73 SJR-B SHAW COMMUN 38.47 -0.03 -0.08 1371 0.21
ATZ ARITZIA INC 49.09 -0.18 -0.37 378 -6.23 DCBO DOCEBO INC 62.37 0.20 0.32 45 -26.51 LIF LABRADOR IRON 42.05 -0.03 -0.07 191 12.04 SHOP SHOPIFY INC 882.59 -1.79 -0.20 199 -49.33
AX-UN ARTIS REAL 13.18 -0.10 -0.75 369 10.39 DOL DOLLARAMA INC 67.90 -0.81 -1.18 704 7.25 LB LAURENTIAN BAN 42.82 -0.40 -0.93 194 6.60 SIA SIENNA SENIOR 15.40 0.09 0.59 481 2.46
ACO-X ATCO LTD CL 42.00 -0.09 -0.21 356 -1.64 DIR-UN DREAM INDU 16.05 -0.20 -1.23 644 -6.79 LWRK LIFEWORKS IN 21.37 0.76 3.69 221 -16.29 SVM SILVERCORP ME 4.94 0.00 0.00 621 4.44
ATA ATS AUTOMATIO 43.25 -0.05 -0.12 110 -13.91 D-UN DREAM OFFICE 28.27 -0.74 -2.55 161 14.78 LSPD LIGHTSPEED C 37.66 -0.72 -1.88 1451 -26.27 SIL SILVERCREST M 12.01 0.21 1.78 207 20.10
ACB AURORA CANNAB 5.06 0.48 10.48 3088 -26.13 DPM DUNDEE PRECIO 7.87 0.00 0.00 674 0.64 LNR LINAMAR CORP 56.12 -0.25 -0.44 132 -25.10 ZZZ SLEEP COUNTRY 29.90 -0.68 -2.22 145 -20.33
DND DYE & DURHAM 28.64 -1.00 -3.37 179 -36.19 LEV LION ELECTRIC 11.21 0.35 3.22 451 -10.32 SRU-UN SMARTCENTR 32.78 -0.27 -0.82 215 1.83
BTO B2GOLD CORP 5.77 -0.03 -0.52 2783 15.86 LAC LITHIUM AMERI 43.61 3.10 7.65 1140 18.44 SNC SNC-LAVALIN S 29.80 -0.20 -0.67 443 -3.59
BCE BCE INC 67.66 0.02 0.03 2022 2.81 ECN ECN CAPITAL C 6.57 -0.07 -1.05 327 23.03 L LOBLAW CO 109.52 -0.92 -0.83 555 5.67 TOY SPIN MASTER C 44.85 -0.89 -1.95 47 -6.45
BDGI BADGER INFRA 29.85 0.67 2.30 91 -6.10 ELD ELDORADO GOLD 14.41 -0.09 -0.62 250 21.50 LUN LUNDIN MINING 13.05 0.27 2.11 1799 32.09 SII SPROTT INC 63.38 1.37 2.21 74 11.04
BLDP BALLARD POWE 15.38 0.16 1.05 1156 -3.21 EFN ELEMENT FLEET 12.00 -0.02 -0.17 497 -6.83 SSRM SSR MINING I 27.53 0.26 0.95 895 22.96
BMO BANK OF MONTR 148.80 0.79 0.53 2436 9.26 EMA EMERA INCORPO 60.47 0.19 0.32 747 -4.35 MAG MAG SILVER CO 21.38 0.00 0.00 328 7.82 STN STANTEC INC 63.08 -0.62 -0.97 127 -11.24
BNS BANK OF NOVA 91.18 0.24 0.26 4200 1.82 EMP-A EMPIRE COMP 43.17 -0.08 -0.18 282 12.01 MG MAGNA INTERNAT 80.01 0.69 0.87 899 -21.83 STLC STELCO HOLDI 56.99 4.17 7.89 494 38.26
ABX BARRICK GOLD 30.68 -0.19 -0.62 3913 27.57 ENB ENBRIDGE INC 56.91 0.29 0.51 4043 15.18 MFC MANULIFE FIN 26.13 -0.01 -0.04 3511 8.38 SJ STELLA JONES I 38.37 -0.61 -1.56 404 -4.10
BHC BAUSCH HEALTH 29.34 -0.30 -1.01 586 -16.03 EDR ENDEAVOUR SIL 6.24 0.01 0.16 509 16.64 MFI MAPLE LEAF FO 29.22 -0.48 -1.62 167 -0.14 SMU-UN SUMMIT IND 22.83 -0.22 -0.95 378 -2.85
BTE BAYTEX ENERGY 5.67 -0.10 -1.73 4365 45.01 EFR ENERGY FUELS 12.75 0.32 2.57 767 31.99 MRE MARTINREA INT 9.06 -0.06 -0.66 158 -21.22 SLF SUN LIFE FINA 69.72 -0.31 -0.44 1666 -0.98
BIR BIRCHCLIFF EN 7.82 0.39 5.25 2699 21.05 ERF ENERPLUS CORP 16.72 0.20 1.21 1814 25.34 MEG MEG ENERGY CO 18.15 -0.50 -2.68 2284 55.13 SU SUNCOR ENERGY 41.21 -0.20 -0.48 7888 30.21
BB BLACKBERRY LTD 9.56 0.06 0.63 2260 -19.12 ENGH ENGHOUSE SYS 39.94 0.11 0.28 98 -17.53 MX METHANEX CORP 69.55 -1.10 -1.56 100 38.99 SPB SUPERIOR PLUS 11.64 -0.23 -1.94 665 -10.46
BEI-UN BOARDWALK 56.67 -0.93 -1.61 130 3.36 EQX EQUINOX GOLD 10.87 0.15 1.40 986 26.99 MRU METRO INC 70.00 0.78 1.13 332 3.98
BBD-B BOMBARDIER 1.50 0.02 1.35 3586 -10.71 EQB EQUITABLE GRO 72.87 -1.99 -2.66 98 5.75 MTY MTY FOOD GROU 53.55 -0.70 -1.29 22 -15.38 TVE TAMARACK VALL 5.13 -0.13 -2.47 2358 33.25
BLX BORALEX INC 37.86 0.15 0.40 205 9.17 ERO ERO COPPER CO 17.75 -0.20 -1.11 232 -8.03 MTL MULLEN GROUP 13.38 0.13 0.98 328 15.05 TRP TC ENERGY COR 71.06 0.34 0.48 12797 20.79
BYD BOYD GROUP SE 164.09 -1.92 -1.16 103 -17.80 EIF EXCHANGE INCO 42.65 0.55 1.31 82 1.21 TECK-B TECK RESOU 50.91 0.50 0.99 1782 39.75
BAM-A BROOKFIELD 70.58 0.87 1.25 1260 -7.61 NA NATIONAL BANK 98.28 -0.71 -0.72 4270 1.91 T TELUS CORP 32.12 0.08 0.25 1583 7.82
BBU-UN BROOKFIELD 36.94 0.44 1.21 118 -36.37 FFH FAIRFAX FINAN 636.43 16.24 2.62 66 2.28 NGD NEW GOLD INC 2.32 -0.01 -0.43 1115 22.75 TIXT TELUS INTERN 31.65 -0.03 -0.09 226 -24.28
BIP-UN BROOKFIELD 78.92 -0.10 -0.13 288 2.51 FTT FINNING INTL 38.66 -0.75 -1.90 313 21.27 NXE NEXGEN ENERGY 7.31 0.05 0.69 1647 31.95 TFII TFI INTERNAT 138.25 -0.24 -0.17 270 -2.55
BEP-UN BROOKFIELD 51.39 -0.14 -0.27 199 13.42 FCR-UN FIRST CAPI 18.06 -0.17 -0.93 458 -4.24 NFI NFI GROUP INC 16.36 -0.14 -0.85 250 -19.25 NWC THE NORTH WES 37.21 -0.06 -0.16 104 8.67
DOO BRP INC 88.57 -0.55 -0.62 372 -20.06 FR FIRST MAJESTIC 17.45 -0.03 -0.17 748 24.02 NPI NORTHLAND POW 41.37 -0.21 -0.51 447 9.01 TRI THOMSON REUTE 132.95 0.18 0.14 644 -12.11
FM FIRST QUANTUM 41.92 0.47 1.13 1078 38.49 NWH-UN NORTHWEST 13.94 -0.33 -2.31 1816 0.94 TLRY TILRAY INC 8.79 1.61 22.42 4766 -1.46
CAR-UN CDN APARTM 54.30 -0.27 -0.49 619 -9.44 FSV FIRSTSERVICE 177.93 -3.52 -1.94 155 -28.43 NG NOVAGOLD RES I 9.72 -0.03 -0.31 109 12.11 X TMX GROUP LTD 129.07 -1.11 -0.85 119 0.64
CWB CDN WESTERN B 37.15 -0.63 -1.67 185 2.34 FTS FORTIS INC 60.34 0.28 0.47 904 -1.13 NTR NUTRIEN LTD 133.89 1.40 1.06 2668 40.82 TPZ TOPAZ ENERGY 20.02 -0.14 -0.69 264 12.16
GIB-A CGI GROUP I 101.54 1.28 1.28 593 -9.22 FVI FORTUNA SILVE 4.88 -0.37 -7.05 2719 -1.21 NVEI NUVEI CORP 92.00 3.36 3.79 338 12.20 TXG TOREX GOLD RE 16.03 -0.26 -1.60 317 21.90
CIX CI FINANCIAL 19.95 -0.10 -0.50 1252 -24.55 FNV FRANCO-NEVADA 198.80 -0.48 -0.24 658 13.64 TIH TOROMONT IND 116.22 -2.40 -2.02 238 1.63
CRT-UN CT REAL ES 17.76 -0.31 -1.72 168 2.54 FRU FREEHOLD ROYA 15.06 0.20 1.35 680 29.27 OGC OCEANAGOLD CO 2.89 -0.01 -0.34 1156 31.36 TD TORONTO-DOMINI 100.89 -0.17 -0.17 3329 4.03
CAE CAE INC 31.94 0.05 0.16 1711 0.09 ONEX ONEX CORP 83.55 -0.42 -0.50 163 -15.84 TOU TOURMALINE OI 54.86 0.98 1.82 1417 34.33
CCO CAMECO CORP 36.34 -0.16 -0.44 1365 31.76 GFL GFL ENVIRONME 38.74 -0.33 -0.84 166 -19.00 OTEX OPEN TEXT CO 53.35 -0.27 -0.50 498 -11.14 TA TRANSALTA CORP 12.00 -0.08 -0.66 879 -14.59
CF CANACCORD GENU 12.33 0.27 2.24 525 -18.24 GEI GIBSON ENERGY 25.66 0.16 0.63 247 14.45 OR OSISKO GOLD RO 16.65 -0.06 -0.36 1076 7.56 RNW TRANSALTA REN 18.00 -0.04 -0.22 279 -4.00
GOOS CANADA GOOSE 33.92 0.10 0.30 187 -27.65 GIL GILDAN ACTIVE 47.05 -0.05 -0.11 407 -12.27 OSK OSISKO MINING 4.01 -0.10 -2.43 498 5.25 TCL-A TRANSCONTIN 17.74 -0.21 -1.17 232 -12.65
CM CANADIAN IMPER 158.80 -0.28 -0.18 2611 7.70 GSY GOEASY LTD 134.31 -1.59 -1.17 57 -25.08 TCN TRICON CAPITA 20.43 -0.36 -1.73 887 5.53
CNR CANADIAN NATI 168.14 0.50 0.30 1187 8.21 GRT-UN GRANITE RE 96.60 -1.17 -1.20 104 -8.35 PAAS PAN AMERICAN 35.46 0.43 1.23 587 12.36 TSU TRISURA GROUP 33.50 -0.40 -1.18 125 -29.75
CNQ CANADIAN NATU 78.89 -0.58 -0.73 5009 47.60 GWO GREAT-WEST LI 35.96 0.15 0.42 1171 -5.27 POU PARAMOUNT RES 30.80 0.23 0.75 376 25.25 TRQ TURQUOISE HIL 37.85 0.55 1.47 349 81.97
CP CANADIAN PACIF 102.85 0.30 0.29 1561 13.05 PXT PAREX RESOURC 27.72 0.84 3.13 481 28.27
CTC-A CANADIAN TI 185.37 -1.29 -0.69 117 2.17 HR-UN H&R REAL ES 13.13 -0.09 -0.68 606 -19.20 PLC PARK LAWN COR 34.03 -0.33 -0.96 45 -18.00 VET VERMILION ENE 27.63 0.12 0.44 1983 73.77
CU CANADIAN UTILI 37.13 -0.05 -0.13 481 1.20 HCG HOME CAPITAL 37.95 -0.34 -0.89 170 -2.87 PKI PARKLAND FUEL 34.39 0.24 0.70 505 -1.09
CFP CANFOR CORP 27.47 -0.53 -1.89 454 -14.32 HBM HUDBAY MINERA 10.13 -0.02 -0.20 580 10.59 PPL PEMBINA PIPEL 47.06 -0.12 -0.25 1463 22.65 WSP WSP GLOBAL IN 166.02 -1.72 -1.03 274 -9.59
WEED CANOPY GROWT 9.93 1.02 11.45 4178 -10.05 HUT HUT 8 MINING 7.63 0.40 5.53 2480 -23.16 PEY PEYTO EXPLORA 12.00 0.58 5.08 1690 26.98 WCN WASTE CONNECT 167.51 -1.39 -0.82 404 -2.84
CPX CAPITAL POWER 40.59 -0.48 -1.17 398 2.86 H HYDRO ONE LTD 32.47 -0.02 -0.06 818 -1.34 POW POWER CORP OF 39.09 0.23 0.59 2735 -6.48 WELL WELL HEALTH 4.70 0.02 0.43 448 -4.28
CS CAPSTONE MININ 7.38 -0.18 -2.38 741 32.26 PSK PRAIRIESKY RO 17.46 -0.01 -0.06 377 28.10 WDO WESDOME GOLD 15.63 -0.07 -0.45 225 35.79
CJT CARGOJET INC 163.84 -0.64 -0.39 23 -1.64 IAG IA FINANCIAL 76.30 0.01 0.01 207 5.42 PBH PREMIUM BRAND 106.11 -0.04 -0.04 143 -16.08 WFG WEST FRASER T 109.52 -4.36 -3.83 823 -9.25
CAS CASCADES INC 13.45 -0.34 -2.47 241 -3.72 IMG IAMGOLD CORP 4.36 0.02 0.46 1052 10.66 PMZ-UN PRIMARIS R 15.21 -0.26 -1.68 192 21.10 WN WESTON GEORGE 153.40 -0.15 -0.10 229 4.60
CCL-B CCL INDUSTR 56.93 -1.46 -2.50 410 -16.07 IGM IGM FINANCIAL 45.33 0.06 0.13 320 -0.64 PRMW PRIMO WATER 17.74 -0.10 -0.56 64 -20.52 WTE WESTSHORE TER 33.35 0.29 0.88 87 24.35
CLS CELESTICA INC 15.28 0.09 0.59 193 8.37 IMO IMPERIAL OIL 56.80 -0.67 -1.17 1753 24.51 WPM WHEATON PRECI 60.55 -0.28 -0.46 1275 11.55
CVE CENOVUS ENERG 20.15 -0.15 -0.74 5924 29.92 INE INNERGEX RENE 19.46 0.18 0.93 377 4.62 QBR-B QUEBECOR IN 28.82 -0.45 -1.54 776 0.95 WCP WHITECAP RESO 10.45 0.02 0.19 2371 39.52
CG CENTERRA GOLD 12.32 -0.02 -0.16 366 26.36 IFC INTACT FINANC 185.06 -3.17 -1.68 384 12.55 WPK WINPAK LTD 41.26 -0.14 -0.34 113 11.00
CSH-UN CHARTWELL 12.35 -0.15 -1.20 398 4.48 IFP INTERFOR CORP 37.93 -1.65 -4.17 767 -6.37 QSR RESTAURANT BR 71.55 0.48 0.68 943 -6.71
CHP-UN CHOICE PRO 15.44 -0.15 -0.96 341 1.65 IIP-UN INTERRENT 16.26 -0.05 -0.31 276 -6.07 RCH RICHELIEU HAR 47.51 -0.65 -1.35 107 8.89 YRI YAMANA GOLD I 7.07 -0.13 -1.81 2371 32.89

ETFS BONDS CURRENCIES

STOCKS $1 OR MORE CANADA FOREIGN EXCHANGE CROSS RATES

CLOSE NET % VOL YTD CLOSE NET % VOL YTD TERM YIELD CHG CAD USD AUD EUR GBP JPY CHF
CHG CHG 000S %CHG CHG CHG 000S %CHG
2-YEAR 2.06 -0.03 CAD - 0.7981 1.0626 0.7257 0.6053 97.644 0.7422
BTCC-B PURPOSE BI 8.12 0.29 3.70 3141 -5.36 HQU BETAPRO NASDA 16.47 0.69 4.37 355 -20.51 5-YEAR 2.20 -0.06 USD 1.2526 - 1.3311 0.9092 0.7583 122.33 0.9300
BTCC-U PURPOSE BI 8.22 0.31 3.92 1081 -4.64 HSD BETAPRO SP500 6.66 -0.20 -2.92 410 6.56 10-YEAR 2.32 -0.10 AUD 0.9406 0.7509 - 0.6827 0.5694 91.849 0.6983
BTCC PURPOSE BITC 8.94 0.36 4.20 683 -4.69 HUV BETAPRO SP500 9.76 -0.22 -2.20 323 13.75 30-YEAR 2.42 -0.14 EUR 1.3770 1.0995 1.4636 - 0.8339 134.48 1.0227
DLR-U HORIZONS US 10.04 -0.01 -0.10 394 -0.20 HXT HORIZONS S&P 52.74 0.03 0.06 316 3.70 GBP 1.6509 1.3182 1.7547 1.1985 - 161.23 1.2259
DLR HORIZONS US D 12.59 -0.04 -0.32 747 -1.02 XEG ISHARES S&P T 14.52 -0.03 -0.21 1721 37.24 JPY 0.0102 0.0082 0.0109 0.0074 0.0062 - 0.7599
ETHX-B CI GALAXY 14.32 0.64 4.68 960 -15.42 XGD ISHARES S&P T 22.04 -0.15 -0.68 663 20.70 RATES RATE CHG CHF 1.3464 1.0747 1.4309 0.9773 0.8151 131.47 -
ETHX-U CI GALAXY 14.30 0.68 4.99 313 -14.78 XIC ISHARES CORE 35.09 0.03 0.09 921 4.03
HND BETAPRO NAT G 7.65 -0.84 -9.89 2701 -72.95 XIU ISHARES S&P T 33.50 0.04 0.12 2406 3.01 BOFC OVERNIGHT TARGET 0.50 UNCH
HNU BETAPRO NAT G 17.80 1.70 10.56 1079 112.16 XRE ISHARES S&P T 20.75 -0.23 -1.10 526 -0.95 CANADIAN PRIME 2.70 UNCH
HOD BETAPRO CRUDE 2.72 0.15 5.84 3164 -65.53 XSP ISHARES CORE 48.55 0.71 1.48 327 -4.99 Source: wires
HOU BETAPRO CRUDE 27.59 -1.69 -5.77 1042 115.72 ZEB BMO S&P TSX E 40.77 0.00 0.00 1114 4.62
HQD BETAPRO NASDA 6.20 -0.29 -4.47 833 13.55 ZWU BMO COVERED C 13.19 0.00 0.00 438 2.09

U.S.

COMMODITIES TERM YIELD CHG

2-YEAR TREASURY 2.13 0.00

PRICE NET PRICE NET PRICE NET 5-YEAR TREASURY 2.37 0.03
CHG CHG CHG 10-YEAR TREASURY 2.34 0.02
30-YEAR TREASURY 2.51 -0.01
GOLD 1962.20 24.90 LEAN HOGS 102.78 0.22 CORN 748.25 -9.50
SILVER 25.92 0.73 COFFEE 221.85 -3.45 SOYBEAN 1700.75 -18.00
NATURAL GAS 5.40 0.17 ALUMINUM 3593.50 20.75 CANOLA 1148.60 11.90 RATES RATE CHG
CRUDE OIL WTI 112.34 -2.59 HKFE NICKEL CNH 206020 26730.0 S&P 500 COMM SRVS 360.05 5.60
CRUDE OIL BRENT 117.88 -3.72 WHEAT 1085.75 -20.00 FEED WHEAT 266.45 -0.55 FED TARGET RATE 0-0.25 UNCH
HIGH GRADE COPPER 4.74 -0.03 LUMBER 1020.00 -34.30 BITCOIN FUTURES 43965.0 1715.0 U.S. PRIME 3.25 UNCH
Source: wires
Gold, Silver (USD/oz), Nat gas (USD/mmbtu), Oil (USD/barrel), Copper (USD/lb), Bitcoin (USD), Lean Hogs (in U.S. cents/lb),
Coffee (USD/lb), Aluminum (USD/tonne), HKFE Nickel (in Renminbi-Yuan/tonne), Lumber (USD/1000 board ft),
Wheat, Corn and Soybeans (in U.S. cents/bushel), Canola and Barley (in Cdn dollars/tonne), Feed Wheat (in Br. pounds/tonne) DATA PROVIDED BY BARCHART, EXCEPT WHERE NOTED
F R I DAY, MA RC H 2 5 , 2 0 2 2 | T H EG LO B EA N D M A I L O
SPORTS
Atlanta celebrate its 7-0 victory against the Houston Astros in Game 6 to win the 2021 World Series at Minute Maid Park on Nov. 2, 2021 in Houston. While the San Diego Padres made the
biggest off-season splash, Atlanta took the crown thanks to some key trade-deadline acquistions. TOM PENNINGTON/GETTY IMAGES
Is winning the baseball offseason worth it?
Depends on the year
Signing big-name free agents
can get fans excited but their
impact on bringing home
a World Series is mixed
JAKE SEINER TAMPA
G
eorge Steinbrenner and the New
York Yankees once made a habit
of winning the offseason. Not co-
incidentally, they won a lot of ti-
tles, too.
It hasn’t happened since 2009, when
splashy signings CC Sabathia and Mark
Teixeira helped New York “buy” its 27th
World Series championship.
“The Boss” died a year later. Since then,
the sport the Yankees once dominated
with big expenditures has instead become
all about efficiency. While the Bronx Bom-
bers will still run one of baseball’s highest
payrolls in 2022, it has been odd to watch
New York stand by while this year’s top
free agents have gone to the Minnesota
Twins (Carlos Correa), Texas Rangers (Co-
rey Seager and Marcus Semien) and of
course, the crosstown Mets (Max Scher-
zer).
In fact, second-year Mets owner Steve
Cohen seems intent on filling the void
Steinbrenner left behind as the Big Apple’s
biggest spender, willing to pursue a cham-
pionship at any price.
But what is winning the offseason even
worth? To get an idea, here’s a look at clubs
who have “won” the offseason since it last
worked for the Yankees:
2009-10
Offseason winners: Seattle Mariners
World Series winners: San Francisco Gi-
ants
Relieved to have Adrian Beltre’s US$64-
million, five-year deal off the books – yes,
really – Seattle sent a trio of prospects to
Philadelphia for 2008 AL Cy Young Award
winner Cliff Lee, signed Chone Figgins for
US$36-million and acquired Milton Bra-
dley from the Cubs. They also locked up
ace Felix Hernandez on a US$78-million,
five-year deal. Those Mariners won 61
games – a clean swing and a miss.
2010-11
Offseason winners: Boston Red Sox
World Series winners: St. Louis Cardinals
Boston acquired all-star slugger Adrian
Gonzalez from San Diego for three minor
leaguers, including Anthony Rizzo, then
signed speedy outfielder Carl Crawford for
US$142-million. They won 90 games, but
the fit wasn’t right, and the Red Sox
dumped both players to the Dodgers in Au-
gust, 2012.
2011-12
Offseason winners: Los Angeles Angels
World Series winners: San Francisco Gi-
ants
Several teams made big splashes: Prince
Fielder signed with Detroit for US$214-mil-
lion, the Marlins dropped US$191-million
on free agents Jose Reyes, Mark Buehrle
and Heath Bell, and of course, the Angels
lured Albert Pujols away from St. Louis
for US$240-million over 10 years – and
added C.J. Wilson for US$77.5-million. The
Angels won 89 games and finished third
in the AL West. The Giants, whose top
winter add was Melky Cabrera, won the
World Series for the second time in four
years.
2012-13
Offseason winners: Toronto Blue Jays
World Series winners: Boston Red Sox
Toronto dug deep into its farm system, un-
loading Noah Syndergaard and several
other future big leaguers for Mets ace R.A.
Dickey and Marlins veterans Mark Buehrle,
Josh Johnson and Jose Reyes. They also es-
sentially traded manager John Farrell to
the Red Sox, who went on to claim the
World Series. The Jays, meanwhile, won 74
games.
2013-14
Offseason winners: New York Yankees
World Series winners: San Francisco Gi-
ants
Another stab at a signature Steinbrenner
offseason. With Derek Jeter entering his
final season before retirement, the Yan-
kees signed Masahiro Tanaka from
Japan for US$155-million, pried Jacoby Ells-
bury away from the rival Red Sox for
US$153-million, convinced Georgia-born
Brian McCann to leave Atlanta for
US$85-million, and also brought in Carlos
Beltran. Robinson Cano left for Seattle, but
hopes were still high in the Bronx. New
York won 84 games and missed the play-
offs.
Jays trade Grichuk
to Rockies for outfielder
Tapia, prospect B14
2014-15
Offseason winners: Chicago Cubs
World Series winners: Kansas City Royals
Washington signed Max Scherzer for
US$210-million and also acquired minor
leaguers Trea Turner and Joe Ross, but the
budding Cubbies stole the offseason. Presi-
dent of baseball operations Theo Epstein
poached longtime Rays manager Joe Mad-
don, signed Jon Lester for US$155-million
and traded for Houston centre fielder Dex-
ter Fowler. Chicago won 97 games, but the
moves didn’t pay off in a title until a year
later.
2015-16
Offseason winners: Chicago Cubs
World Series winners: Chicago Cubs
The Cubs signed Jason Heyward to the
winter’s second-biggest deal at US$184-
million – trailing only David Price’s
US$217-million contract with Boston – and
added Ben Zobrist (US$56-million) and
John Lackey (US$32-million). They
also traded out talented-but-frustrating
shortstop Starlin Castro. It worked,
although the homegrown stars were
still the biggest contributors. Chicago end-
ed its 108-year title drought on the backs of
Anthony Rizzo, Kris Bryant and Javier
Baez.
2016-17
Offseason winners: Boston Red Sox
World Series winners: Houston Astros
The Red Sox get a narrow nod here after
acquiring ace Chris Sale from the White
Sox and reliever Tyler Thornburg from Mil-
waukee, just ahead of the Mets re-signing
Yoenis Cespedes, the Cardinals adding free
agents Dexter Fowler and Brett Cecil, and
the Dodgers retaining free agents Kenley
Jansen, Justin Turner and Rich Hill. Hous-
ton also made a decent splash, acquiring
McCann from the Yankees and signing
Josh Reddick (US$52-million) and Beltran
(US$16-million).
2017-18
Offseason winners: New York Yankees
World Series winners: Boston Red Sox
The Yankees replaced manager Joe Girardi
with Aaron Boone, then acquired NL MVP
R EP O RT O N B U S I N ES S | B13
Italy eliminated from
World Cup qualifying by
North Macedonia B18
Giancarlo Stanton from the fire-selling
Marlins. Stanton had 38 homers and
100 RBIs in his first year, yet Boston
won the AL East. The Red Sox were pushed
over the top by free agent acquisition
J.D. Martinez (US$110-million), along with
previous headline acquisitions Price and
Sale.
2018-19
Offseason winners: Philadelphia Phillies
World Series winners: Washington Na-
tionals
San Diego stunned the sport by signing
Manny Machado to a US$300-million, 10-
year deal, but the Phillies still won the win-
ter by adding Bryce Harper, J.T. Realmuto
and Andrew McCutchen. Harper signed a
record US$330-million, 13-year contract,
Realmuto came in a trade from Miami and
McCutchen was added for US$50-million.
Philadelphia won 81 games, then watched
its NL East rival – and Harper’s former team
– win it all in October.
2019-20
Offseason winners: Los Angeles Dodgers
World Series winners: Los Angeles Dodg-
ers
The Yankees seemed to have made the big-
gest splash by signing Gerrit Cole to a
US$324-million deal in December, but
then the Dodgers poached 2018 AL MVP
Mookie Betts from the Red Sox. It worked
perfectly for LA, which hoisted the World
Series trophy inside baseball’s COVID-19
bubble that fall.
2020-21
Offseason winners: San Diego Padres
World Series winners: Atlanta
With a lineup headlined by Machado and
Fernando Tatis Jr., the Padres bolstered
their pitching staff by trading for Yu Dar-
vish, Mike Clevinger and Joe Musgrove.
They also locked in Tatis with a US$340-
million, 14-year deal, the longest in base-
ball history. The Mets and Cohen, in his
first year as owner, also made a splash by
acquiring Francisco Lindor, Carlos Carras-
co and James McCann, but Atlanta won the
title thanks to a series of trade-deadline ad-
ditions by general manager Alex Antho-
poulos.
THE ASSOCIATED PRESS
B14 | R EP O RT O N B U S I N ES S O T H EG LO B EA N D M A I L | F R I DAY , M A RC H 2 5 , 2 0 2 2

Canada closes in on playoffs at worlds

Kerri Einarson’s rink
beats U.S. 9-3 to improve
to 7-2 at women’s world
curling championship
DONNA SPENCER
PRINCEGEORGE
Playing lighthearted bred wins
and those wins in turn have Kerri
Einarson’s curling team feeling
composed as the race to the wom-
en’s world curling championship
entered its home stretch.
That’s a groove Einarson
wasn’t able to find in her world
championship debut a year ago.
Canada’s 9-3 win over the Unit-
ed States on Thursday morning
brought the host country to a 7-2
record with a game to play at
night against South Korea (6-2).
“I think we’re in a good space
right now ... and feeling very con-
fident going into the rest of the
week,” Einarson said.
The top six teams at the con-
clusion of the round robin Friday
continue playing into the week-
end for a chance at a world title
Sunday at the CN Centre.
With a fifth straight win – their
fourth was a forfeit by Scotland –
Einarson’s foursome out of the
Gimli Curling Club controlled
their playoff destiny.
Switzerland became the first
team to secure a playoff spot at
9-0. Back-to-back champion Sil-
vana Tirinzoni closed in on a bye
to Saturday’s semi-finals that
goes to the top two playoff seeds.
Third through sixth plays off
earlier Saturday to get to the
semi-finals. The medal games are
Sunday.
Canada tied for second with
Sweden at 7-2, Einarson’s round-
robin win over the Swedes would
rank the hosts higher in the event
of a tied record.
Denmark, the United States,
Germany, Norway and Japan were
all tied at 5-4 followed by the
Czech Republic and Italy at 2-7
and Turkey winless in nine
games.
The Scots withdrew Sunday be-
cause four players tested positive
for COVID-19.
Since the seventh end of Mon-
day’s win over the Danes, Einar-
son, third Val Sweeting, second
Shannon Birchard and lead
Briane Meilleur have settled into
their ice reads and execution.
Canada’s Briane Meilleur, top left, and Shannon Birchard sweep in front of a stone as skip Kerri Einarson looks
on while United States’ Sarah Anderson, bottom left, and skip Cory Christensen watch at CN Centre during the
Women’s World Curling Championship in Prince George on Thursday. JAMES DOYLE/THE CANADIAN PRESS
Sweeting posted a fourth
straight game of over 90-per-cent
shooting accuracy Thursday. Bir-
chard shot 100 per cent through
seven ends against the Ameri-
cans, who conceded after the
eighth.
Their hoarse skip – Einarson’s
voice routinely takes a beating
over the course of an event – was
plus-90 on her takeouts against
the U.S.
“It’s my winter voice,” Einarson
said. “Every single event I curl in,
it’s gone.”
Einarson and company opened
last year’s world championship
1-5 in Calgary’s curling bubble.
Fuelled by fatalism, they won
six of seven to squeak into the
sixth and last playoff spot before
losing out.
After a 2-2 start on opening
weekend, their road in Prince Ge-
orge has been less of a white-
knuckle ride.
“It’s night and day compared to
last year,” Birchard said. “I think
we’re really enjoying ourselves,
whereas last year, we were backs
against the wall at this point, and
it was very stressful.
“We’re super comfortable and I
think that’s really played into
how we’ve been out there on the
ice. I think we play best when
we’re relaxed, and we’re having
fun and enjoying ourselves.”
Einarson had draw weight
locked in early Thursday and U.S.
skip Cory Christensen did not,
which led to Canada stealing four
points over the first three ends.
“Gets tricky when you don’t
have your draw eight and you
have to try and make super-pre-
cise freezes,” Christensen said.
Another missed draw by the
American skip in the fifth end left
Einarson a makable peel to score
three for a 7-1 cushion in front of
1,446 at the CN Centre.
Christensen swapped out sec-
ond Vicky Persinger, who played
Olympic mixed doubles last
month in Beijing, for alternate
Sydney Mullaney to start the sixth
end.
“We just figured it wasn’t our
best game and we were likely not
going to pull it off so we wanted to
get our alternate in there,” Chris-
tensen said.
While Canadian champion-
ships feature tiebreaker games in
the event of teams tied for the last
playoff spot, the world cham-
pionships do not.
If two countries are tied Friday,
the winner of their round-robin
matchup ranks higher. If three or
more teams are tied, their record
of the games between them pro-
vides seedings.
If that doesn’t resolve the dead-
lock, the average distance of all
pregame draws which determine
which team gets hammer are
used for ranking.
THE CANADIAN PRESS

Blue Jays trade Grichuk to Rockies for Tapia, prospect

DUNEDIN, FLA.
Centre-fielder Randal Grichuk was traded
Thursday by the Toronto Blue Jays to the
Colorado Rockies.
Toronto got left-fielder Raimel Tapia
and infield prospect Adrian Pinto in re-
turn, the Blue Jays have confirmed. Cash
considerations of US$9.7-million were al-
so sent to Colorado by Toronto.
“Tapia is exciting. He’s extremely tal-
ented,” Blue Jays general manager Ross
Atkins told reporters at the team’s spring
training facility in Dunedin, Fla. “There’s a
lot of tools, a lot to like about how he
complements us is the contact ability, the
defensive ability, the run tool.”
Grichuk became expendable with Ge-
orge Springer beginning the season
healthy and the Blue Jays’ presumptive
starter in centre. Springer injured his qua-
driceps at spring training last year and
missed the first 23 games of Toronto’s sea-
son.
Teoscar Hernandez and Lourdes Gur-
riel Jr. will bracket Springer in the out-
field.
Tapia, who can play in left or centre
field, also adds some flexibility and a dif-
ferent skill set to the Blue Jays lineup.
The right-handed Grichuk hit .241 last
The Toronto Blue Jays have acquired outfielder Raimel Tapia as a part of a trade that sent
Randal Grichuk to the Colorado Rockies. DAVID ZALUBOWSKI/AP
season with 22 home runs, 81 runs batted
in, and a .703 OPS. Tapia, a lefty, had a .273
batting average with six home runs, 50
RBIs and 20 stolen bases last season with
a .699 OPS.
“It’s just a better complementary
piece,” Atkins said. “Randal Grichuk is a
great baseball player, but his skill set was
very similar to our other outfielders so
this is a more complementary piece for
us.”
Removing Grichuk’s contract from the
Blue Jays payroll may also be a benefit.
The US$9.7-million Toronto is sending
with Grichuk to Colorado will offset a lit-
tle more than half the US$18.7-million the
30-year-old is owed over the final two sea-
sons of his US$52-million, five-year con-
tract.
Toronto will pay the Rockies
US$9,716,333 – US$5,383,333 this year and
US$4,333,333 in 2023 – covering a little
more than half the US$18,666,666 owed to
Grichuk, who has salaries of US$9,333,333
in each of the next two seasons.
Tapia, 27, avoided arbitration with Col-
orado last week and signed a one-year,
US$3.95-million deal. Tapia is arbitration-
eligible in 2023 and can reach free agency
in 2024.
Grichuk played four seasons for the
Blue Jays after starting his career with the
St. Louis Cardinals in 2014. He’s a career
.245 hitter with a .765 OPS.
Tapia has played all six seasons of his
Major League Baseball career in Colorado,
with a career .280 average and .721 OPS.
The 19-year-old Pinto hit .360 with
three home runs and 27 RBIs with a 1.029
OPS last season in the Dominican Sum-
mer League. The Venezuelan started 35
games at second base, 11 at shortstop and
five in centre field.
THE CANADIAN PRESS, WITH A REPORT
FROM THE ASSOCIATED PRESS

Arozarena, Alvarez, Bichette among 16 whose deals were renewed

RONALD BLUM
Rookie of the Year winners Randy
Arozarena and Yordan Alvarez
and all-star shortstop Bo Bichette
were among 16 players whose
contracts were renewed by their
teams rather than reach negotiat-
ed agreements.
Arozarena, the outfielder vot-
ed the 2021 AL Rookie award, was
given a US$716,600 salary for 2022
while in the major leagues by the
Tampa Bay Rays, according to
contract information obtained by
The Associated Press. That is up
from US$581,200 last season. He
batted .274 with 20 homers, 69
RBIs and an .815 OPS.
Alvarez, the Houston Astros
designated hitter and outfielder
voted a unanimous winner of the
2019 AL award, was given a
US$764,600 salary, up from
US$609,000 last year. He hit .277 (US$703,000), Texas outfielder
last year with 33 homers, 104 RBIs Adolis Garcia (US$714,000), Col-
and an .877 OPS. orado left-hander Austin Gomber
Bichette was given a (US$710,000), Boston right-hand-
US$723,550 salary, an increase er Tanner Houck (US$716,000),
from US$587,800 last year, when Toronto right-hander Alek Mano-
he also earned a US$10,000 bonus ah (US$706,200), Oakland left-
for making the all-star team. He hander A.J. Puk (US$705,000),
hit .298 with 29 homers, 102 RBIs, Dodgers outfielder Andrew Toles
an AL-leading 191 hits and an .828 (US$700,000), San Francisco
OPS. right-hander Logan Webb
Atlanta right-hander Ian An- (US$730,000), Baltimore right-
derson was renewed at hander Tyler Wells (US$704,500)
US$710,000 after pitching five hit- and Milwaukee right-hander De-
less, scoreless innings to win vin Williams (US$714,500).
World Series Game 3 over Hous- The renewals were up from
ton. He had been renewed at eight last year, which was among
US$575,500 last year. the lower annual totals.
Others whose contracts were Toles was placed on the re-
renewed before the Wednesday stricted list in March, 2019, and
deadline were Washington catch- was briefly at extended spring
er Tres Barrera (US$700,000), Los training that year but did not play.
Angeles Dodgers infielder Matt He was arrested in June, 2020, on a
Beaty (US$730,000), St. Louis out- misdemeanor trespassing charge
fielder Dylan Carlson in Key West, Fla.
All would have lower rates of
pay if assigned to the minor
leagues, ranging from US$114,100
for Barrera to US$340,550 for Wil-
liams.
Players have the right to go to
salary arbitration once they have
three years of major league ser-
vice, or are in the top 17 per cent by
service time of those with at least
two years and less than three.
They can become free agents once
they have six seasons.
After having their contracts re-
newed for 2021 and becoming eli-
gible for arbitration this year,
Mets first baseman Pete Alonso
agreed to a US$7.4-million salary,
up from US$676,775 under a re-
newal last season after winning
NL Rookie of the Year. Cleveland
right-hander Shane Bieber reac-
hed a US$6-million deal after he
was renewed at US$679,700 last
year as the reigning AL Cy Young
Award winner.
The minimum salary was
raised from US$570,500 to
US$700,000 under the new col-
lective bargaining agreement.
A new US$50-million annual
bonus pool is established in the
deal for players not yet eligible for
arbitration, and winning Rookie
of the Year will be worth
US$750,000. Winning MVP or Cy
Young would be worth US$2.5-
million.
Alvarez was on last year’s all-
MLB second team, which would
earn a US$500,000 bonus starting
this year. All-MLB first team
would be worth US$1-million.
Last year’s all-MLB team vote was
determined 50 per cent by fan bal-
loting and 50 per cent by voting by
a media panel whose members
were not publicly identified.
THE ASSOCIATED PRESS
F R I DAY, MA RC H 2 5 , 2 0 2 2 | T H EG LO B EA N D M A I L O HOCKEY B15

‘It is nothing less than a nightmare’:

Aliu shares feelings on war in childhood city
Having grown up in
Kyiv before immigrating
to Toronto, the former
NHLer says hardest part
of Russia’s invasion is
‘feeling so helpness’

MARTY KLINKENBERG

A
kim Aliu spent much of his
childhood in Kyiv. The
neighbourhood where he
lived with his parents and older
brother and went to school has
been decimated by bombs.
“When you see places you re-
member it breaks your heart,”
says the former NHL player and
co-founder and of the Hockey Di-
versity Alliance (HDA). “The har-
dest part is feeling so helpless.
There is really not much you can
do.”
Aliu’s father is Nigerian and his
mother is Ukrainian. They immi-
grated to Canada and settled in
the Toronto area when Akim was
seven.
He considers himself a Ukrai-
nian-Canadian, eats mostly Uk-
rainian food and speaks Russian
at home. It was his first language.
Some of his family is in Nigeria,
where he was born, but most of it
is spread across Ukraine. His Akim Aliu has been busy on all fronts, from working on a return to hockey to overseeing the Hockey Diversity Alliance. But his heart and mind
grandfather got out before Russia remain in Ukraine, where he grew up. ‘When you see places you remember it breaks your heart.’ PAUL BOLASCO/BUDWEISER CANADA
began its invasion. But others re-
main and are living there without seasons, he also played for the colour.” Over the past several formulated for people of colour. ting out in a new direction under
electricity, food and water. Calgary Flames. years the two have become close. Osaka’s parents come from Haiti Kaepernick’s wing.
“It is nothing less than a night- In November of 2019, Aliu dis- Aliu says Kaepernick, who is bira- and Japan. But his heart and mind remain
mare,” Aliu says. closed that he had been the target cial, worked behind the scenes “Colin is close friends with her in Ukraine.
Aliu, 32, has had his share of of racial epithets by then-Calgary and was instrumental in helping and this opportunity came up,” According to the United Na-
setbacks, although nothing on coach Bill Peters while in the mi- him create the HDA. Aliu says. “We had talked about tions, 6.5 million Ukrainians have
the scale of the unfolding Ukrai- nor leagues. “At the time, a lot of guys were business ventures we could do to been displaced and more than 3.5
nian disaster. A half-year later he and Evan- worried about speaking up and give back to the BIPOC communi- million have fled to neighbouring
He’s had three knee operations der Kane established the HDA to putting their names out there for ty and this is a great fit.” countries.
in the past year, among the 13 sur- address intolerance and racism in fear of reprisal,” Aliu says. Osaka has a long list of corpo- More than 1,000 civilians have
geries he’s had because of hock- the sport. “It is non-stop,” says They were introduced through rate sponsors, but Aliu says this been killed, and NATO’s secreta-
ey-related injuries. However, he Aliu, the HDA chairman. a mutual business partner and enterprise is of a more personal ry-general, Jens Stoltenberg, said
still hopes to play again. He still wakes up to hateful speak often by phone – conversa- nature for her. Thursday he fears that Russia is
“I have felt an improvement,” messages. tions that last as long as 90 min- “Skin cancer hits the BIPOC prepared to make a chemical, bi-
Aliu says. “For the first eight In Many ways, Aliu is hockey’s utes. community in a way that hasn’t ological or even a nuclear attack.
months I could barely walk down answer to Colin Kaepernick, the “He gives me advice,” Aliu says. been addressed,” he says. “Some “This hits me on a lot of differ-
the stairs.” former NFL quarterback and ac- “We pretty much talk about ev- people with darker skin don’t feel ent levels,” Aliu says. He last vis-
He has played for three teams tivist against racial injustice and erything.” the need to wear sunscreen, and ited Kyiv in 2007, the year he was
in the OHL, seven in the East police brutality. Recently they became in- affordability is a roadblock for chosen in the second round of the
Coast Hockey League, nine in the “We kind of do parallel things volved in an entrepreneurial ven- others. This is affordable.” NHL draft by the Chicago Black-
AHL, one in the KHL and one in different sports,” Aliu says. ture with superstar tennis player Aliu is busy on all fronts: work- hawks. “It is really disheartening
each in Sweden, Slovakia and the “Mine is straight up against rac- Naomi Osaka, who has intro- ing on a return to hockey, over- and unbelievably hard on all of
Czech Republic. In parts of two ism and bias against players of duced a suncare product specially seeing the diversity alliance, set- us.”

IIH F ASKS FO R ETH ICS PRO BE

Toronto Six has eyes set on Isobel Cup O F RUSSIAN FEDERATIO N ,
FO RM ER PRESIDEN T

DONNA SPENCER
The International Ice Hockey
Federation council has asked an

C
aught at the finish line for the regu-
lar-season title, the Toronto Six can
still claim the Premier Hockey
League’s ultimate crown and hoist
the Isobel Cup on Monday.
The Six are the No. 2 seed heading into
the women’s league’s six-team playoffs
starting Friday in Tampa Bay, Fla., and thus
have a bye to Sunday’s semi-finals.
Toronto and the Connecticut Whale
await the victors of Friday’s quarter-finals
to know their opponents.
The Whale overtook Toronto atop the
standings with a 5-0 win in Sunday’s regu-
lar-season finale and pipped the Six by just
one point.
Toronto had snapped the Whale’s 12-
game winning streak the previous day with
a 5-4 overtime victory at Danbury Arena.
“The way the point system is in over-
time, we led the league in wins, but they
had one more point than us,” Six head
coach Mark Joslin said.
“We just ran out of gas. We’re good
enough and deep enough and I believe
we’re driven enough to bounce back and be
ready Sunday in Tampa no matter who
we’re playing.”
Toronto, which finished the regular sea-
son 16-3-1, will take on the highest seed to
come out of Friday’s quarter-final match-
ups between defending champion Boston
Pride, Metropolitan Riveters, Minnesota
Whitecaps and Buffalo Beauts.
Games will be streamed in Canada by
TSN and Monday’s championship game
will be on TSN2.
“It’s an advantage for sure to get that bye
and watch couple games Friday night and
get a little prescouting in,” Joslin said. “We
know all the teams now but it’s still nice to
see a couple of games and know exactly
what we’re up against.”
The PHF was the NWHL for six seasons
before rebranding last year. The Six in their
second season are the league’s lone Cana-
dian club, although expansion to Montreal
is imminent.
Players are paid. The league announced
last month an increase in the salary cap
from its current US$300,000 per team to
$750,000 next season, which averages out
to $30,000 on a roster of 25 contracts.
Toronto played an abbreviated expan-
sion season in Lake Placid, N.Y., in front of
no spectators because of the COVID-19 pan-
demic.
The Six went 4-1-1 and clinched the top
seed in the 2021 Isobel Cup playoffs, which
were suspended on the eve of the semi-fi-
nals because of COVID-19 cases among
Mikyla Grant-Mentis, centre, of Brampton, Ont., led the Toronto Six in scoring this season
with 13 goals and 17 assists in 19 games. MADDIE MEYER/GETTY IMAGES
players.
The Cup was eventually rescheduled in
Brighton, Mass., where Toronto lost 6-2 in a
semi-final to eventual champion Boston.
Forward Mikyla Grant-Mentis, the PHF’s
leading score and MVP last season, believes
the Six are capable of reaching the final and
winning the Isobel Cup in their second sea-
son.
“It would mean the world,” she said.
The 23-year-old from Brampton, Ont.,
led the Six in scoring again this season with
13 goals and 17 assists in 19 games.
Given her scoring prowess, opposing
teams have given Grant-Mentis extra de-
fensive attention lately.
“Connecticut did a good job with her,
isolating her a little bit and taking her time
and space away,” Joslin said.
“It’s going to be the same [Sunday], so
she’s got to learn to fight through that and
myself as a coach, I’ll support her with that
and get her on ice with the right linemates.”
Hockey Hall of Famer and Six assistant
coach Angela James is part of a new own-
ership group taking over the team.
Former NHL player Anthony Stewart
and coach Ted Nolan are among her part-
ners purchasing the team from the U.S.-
based BTM Partners.
“I think it’s a great add to the Toronto Six
organization, especially having people that
live in Toronto, that are from Toronto own-
ing a Toronto team,” Grant-Mentis said.
THE CANADIAN PRESS
TWO PRO WOMEN’S HOCKEY
GROUPS MEET IN BID TO
THAW RELATIONS
The Premier Hockey Federation is taking
its playoffs to Florida this weekend, but
not before making a latest attempt to
mend fences with members of the Profes-
sional Women’s Hockey Players’ Associ-
ation.
The rival women’s hockey groups met
in New York on Wednesday at the request
of the NHL in hopes discussions could
thaw relations in getting the two sides
working together to unify the sport.
The six-team PHF, North America’s only
professional women’s hockey league,
termed the discussions as being “construc-
tive,” but would not say whether more
meetings are scheduled. PWHPA executive
Jayna Hefford and NHL deputy commis-
sioner Bill Daly declined comment Thurs-
day when reached by The Associated
Press.
PWHPA’s membership includes mem-
bers of the United States and Canadian
national teams. The association’s objective
has been to establish a league with what it
calls a sustainable economic model and
preferably backed by the NHL.
THE ASSOCIATED PRESS
independent ethics board to
investigate the Russian Hockey
Federation and former IIHF
president Réné Fasel over issues
related to the war in Ukraine.
The IIHF on Thursday cited
Russia’s instructions to the
country’s elite hockey league,
the KHL, to support the war
and both Fasel’s involvement
with the country and his com-
ments about the invasion as
reasons to open investigations.
The board could refer the Rus-
sian federation, Fasel or both to
the IIHF’s disciplinary commit-
tee if the situation warrants.
Fasel, who served as IIHF
president from 1994-2021, has
since taken a job as an adviser
to the KHL, which is regarded
as the world’s best hockey
league behind the NHL.
The 72-year-old Switzerland
native was critical of the IIHF’s
decision last month to ban
Russia and Belarus from up-
coming competitions because of
the invasion of Ukraine. In an
interview with Russian state
media, he called it a “sad mo-
ment in IIHF history,” adding
the Soviet Union played Canada
and the U.S. during the Cold
War and saying, “Even in such a
tense situation as today, sport
must carry the message of
peace and united people.”
The IIHF said its ethics code
requires current and former
presidents to “conduct them-
selves in accordance with the
principles of dignity, integrity,
loyalty and responsibility in all
relations of a competitive,
economic, social [including
social media] and moral na-
ture.”
Fasel has been publicly
friendly with Vladimir Putin
and been involved with hockey
games the Russian President
played in. Former IIHF commu-
nications director Szymon
Szemberg has publicly referred
to “Fasel’s shady connections to
Putin.”
Reached by text message,
Fasel told The Associated Press
he had no comment.
THE ASSOCIATED PRESS
B16 | R EP O RT O N B U S I N ES S O T H EG LO B EA N D M A I L | F R I DAY , M A RC H 2 5 , 2 0 2 2

[ CAVALIERS VS. RAPTORS ] SPO RTS IN BRIEF

CANADA’S JAMES AND RADFORD

WIN PAIRS BRONZE AT WORLD
CHAMPIONSHIPS
MONTPELLIER, FRANCE Canada’s
Vanessa James and Eric Radford
have ended their season – and
perhaps their career together –
on a high note, earning bronze in
pairs figure skating at the world
championships. Alexa Knierim
and Brandon Frazier of the Unit-
ed States won gold on Thursday
with a score of 221.09. Japan’s
Riku Miura and Ryuichi Kihara
took silver with 199.55. Radford,
from Balmertown, Ont., and the
Toronto-born James earned their
medal with 197.22 points, a sea-
son’s best for the pair. The Cana-
dians came out of retirement to
team up last April after deco-
rated careers with other partners.
Five of the top pairs from last
month’s Beijing Olympics were
absent, including the Russian
silver and bronze medalists in
Beijing after the Russian team
was banned from the event
owing to the country’s invasion
of Ukraine. THE CANADIAN PRESS

CANADA’S FERNANDEZ
ELIMINATED FROM MIAMI OPEN
Canadian Leylah Fernandez was
eliminated from the Miami Open
Thursday, falling in straight sets
to the Czech Republic’s Karolina
Muchova. Muchova beat Fernan-
dez 6-4, 7-6 (3) and will face
former No. 1 player in the world
Naomi Osaka of Japan in the
Stop me if you can next round of the tournament.
Muchova outplayed Fernandez,
particularly playing well on her
first serve, winning 71.2 per cent
Fred VanVleet of the Raptors, centre, drives to the basket during a tilt against the visiting of the points off her opener,
Cleveland Cavaliers in Toronto on Thursday. Pascal Siakam scored 35 points as the Raptors compared with just the 58.8 per
rolled to a 117-104 victory. For the full game story, visit GLOBESPORTS.COM cent of points that Fernandez
won on her first serve Male
Canadian tennis stars Félix Au-
ger-Aliassime and Denis Shapo-
NATHAN DENETTE/THE CANADIAN PRESS
valov are scheduled to begin
their Miami Open tournaments
Friday. THE CANADIAN PRESS

NHL NBA AHL CURLING WORLD GOLF 2022 WORLD CUP

EASTERN CONFERENCE
CHAMPIONSHIPS QUALIFYING
EASTERN CONFERENCE Thursday WORLD WOMEN’S CURLING
ATLANTIC DIVISION W L Pct GB Abbotsford at San Jose CHAMPIONSHIP DELL MATCH PLAY NORTH AND CENTRAL
GP W L OT SO GF GA Pt y-Miami 47 26 .644 — Wednesday
Florida 62 42 14 2 4 254 180 90 Bakersfield 4 Colorado 2 At Austin, Texas AMERICA AND CARIBBEAN
Milwaukee 45 27 .625 1/1
2
At Prince George, B.C.
Toronto 63 40 18 4 1 232 191 85 Philadelphia 45 27 .625 1/1
2
Belleville 2 Laval 1 (SO) Thursday (Day 2)
Tampa Bay 62 39 17 2 4 207 177 84 Bridgeport 4 Utica 1 Purse: $12 million FINAL ROUND
Boston 46 28 .622 1/1
2
PRELIMINARY ROUND
METROPOLITAN DIVISION Hershey 5 Lehigh Valley 1 Yardage: 7,108; Par: 71 Thursday
Chicago 42 30 .583 4/1
2
Nation (Skip) W L
Carolina 63 42 15 5 1 206 150 90 Cleveland 41 31 .569 5/1 Rockford 5 Manitoba 3 (seedings in parentheses)
2
x-Switzerland (Tirinzoni) 10 0 El Salvador 1 Jamaica 1
Pittsburgh 65 39 16 4 6 213 172 88 Toronto 40 32 .556 6/1 San Diego 4 Tucson 3 Jon Rahm (1), Spain, def. Cameron
2
x-Sweden (Hasselborg) 8 2 Honduras at Panama
N.Y. Rangers 64 40 19 3 2 193 167 85 Brooklyn 38 35 .521 9 Springfield 3 Hartford 1 Young (40), United States, 5 and 4.
Canada (Einarson) 7 2 United States at Mexico
WILD CARD Charlotte 37 36 .507 10 Syracuse 4 Cleveland 0 Collin Morikawa (2), United States,
Toronto 6 Wilkes-Barre/Scranton 1 South Korea (E.Kim) 6 3 halved with Sergio Garcia (43), Spain. Canada at Costa Rica
Boston 63 39 19 3 2 191 169 83 Atlanta 36 37 .493 11
Friday — All Times Eastern Japan (Kitazawa) 6 4 Viktor Hovland (3), Norway, def.
Washington 65 35 20 8 2 216 185 80 New York 31 42 .425 16
Columbus 64 32 29 1 2 211 239 67 Syracuse at Utica, 7 p.m. Denmark (M.Dupont) 5 4 Cameron Tringale (45), U.S., 2 and 1. EUROPE
Washington 30 41 .423 16
N.Y. Islanders 61 27 25 3 6 165 166 63 Lehigh Valley at Laval, 7 p.m. United States (Christensen) 5 4 Seamus Power (42), Ireland, def. Patrick
Indiana 25 48 .342 22 PLAYOFFS
Detroit 63 26 30 5 2 184 235 59 Springfield at Hartford, 7 p.m. Germany (D.Jentsch) 5 5 Cantlay (4), United States, 5 and 4.
Detroit 20 53 .274 27 Thursday
Buffalo 64 23 33 7 1 171 223 54 Orlando 20 54 .270 27 / 1
2
Charlotte at Cleveland, 7 p.m. Norway (Skaslien) 5 5 Tommy Fleetwood (41), England, def.
Philadelphia 63 20 32 7 4 159 220 51 WESTERN CONFERENCE W-B/Scranton at Belleville, 7 p.m. Italy (Constantini) 3 7 Scottie Scheffler (5), U.S., 2 and 1. Path A
New Jersey 64 23 36 1 4 197 233 51 Toronto at Rochester, 7:05 p.m. Czech Republic (A.Baudysova) 2 7 Justin Thomas (6), United States, def. Wales 2 Austria 1
W L Pct GB
Ottawa 63 22 36 4 1 162 207 49 Hershey at Providence, 7:05 p.m. Turkey (Yildiz) 0 9 Marc Leishman (37), Australia, 5 and 4. Scotland vs. Ukraine (ppd.)
x-Phoenix 59 14 .808 —
Montreal 63 17 36 9 1 160 238 44 Memphis 50 23 .685 9 Milwaukee at Texas, 8 p.m. wd-Scotland (Morrison) 0 10 Lucas Herbert (39), Australia, def. Path B
WESTERN CONFERENCE Golden State 48 25 .658 11 Rockford at Iowa, 8 p.m. x — clinched playoff berth; wd — Xander Schauffele (7), U.S., 1 up. Russia vs. Poland (Russia susp; Poland
CENTRAL DIVISION Utah 45 28 .616 14 Manitoba at Chicago, 8 p.m. Scotland withdrew from the tournament Dustin Johnson (8), U.S., def. Matthew advances)
GP W L OT SO GF GA Pt Dallas 45 28 .616 14 Abbotsford at Stockton, 9 p.m. on Sunday due to positive COVID-19 Wolff (38), U.S., 4 and 2. Sweden 1 Czech Republic 0 (extra time)
Colorado 64 45 14 4 1 245 178 95 Denver 43 30 .589 16 Tucson at Henderson, 10 p.m. tests. All of their remaining games will Lee Westwood (47), England, def. Path C
St. Louis 62 35 18 6 3 222 175 79 Minnesota 42 32 .568 17 / 1
2
Grand Rapids at Bakersfield, 10 p.m. be forfeited and automatic wins for their Bryson DeChambeau (9), U.S., 1 up. North Macedonia 1 Italy 0 (extra time)
Minnesota 61 37 20 0 4 228 196 78 L.A. Clippers 36 38 .486 23 / 1
opponents, which will be registered Corey Conners (36), Listowel, Ont., def. Portugal 3 Turkey 1
PACIFIC DIVISION L.A. Lakers 31 42 .425 28
2
OHL following the draw of a scheduled match. Louis Oosthuizen (10), South Africa, 2
Calgary 63 38 17 8 0 218 153 84 New Orleans 30 42 .417 28 / 1
Thursday and 1. WHL
2
Thursday — All Times Eastern Draw 15 Justin Rose (46), England, def. Jordan
Los Angeles 65 35 22 6 2 188 182 78 San Antonio 29 44 .397 30 Hamilton 6 North Bay 3
Edmonton 64 35 24 5 0 217 204 75 Portland 27 45 .375 31 / 1
Canada 9 United States 3 Spieth (11), United States, 3 and 2. Wednesday
2
Mississauga 4 Peterborough 3 Germany 8 Turkey 1 Billy Horschel (12), United States, def.
WILD CARD Sacramento 26 48 .351 33 / 1 Victoria 4 Kelowna 3
2
Erie at Niagara Norway 7 Czech Republic 1 Tom Hoge (33), United States, 3 and 2.
Nashville 64 37 23 2 2 211 184 78 Oklahoma City 21 52 .288 38 Winnipeg 4 Saskatoon 2
Saginaw at Windsor Switzerland 7 Denmark 3 Mackenzie Hughes (51), Hamilton, def.
Dallas 62 35 24 1 2 184 185 73 Houston 18 55 .247 41 Friday — All Times Eastern
Friday — All Times Eastern Draw 16 Max Homa (30), United States, 2 up.
Vegas 66 34 28 3 1 205 201 72 x — clinched playoff berth Prince Albert at Brandon, 7 p.m.
Peterborough at Ottawa, 7 p.m. Italy def. Scotland (forfeiture)
Winnipeg 64 30 24 6 4 201 198 70 y — clinched division title Regina at Saskatoon, 7 p.m.
Kingston at Mississauga, 7 p.m. Japan 9 Norway 5
Vancouver 65 31 26 5 3 186 187 70 Thursday Hamilton at Sudbury, 7:05 p.m. MLS Medicine Hat at Red Deer, 7 p.m.
Anaheim 66 27 28 6 5 188 214 65 Sweden 6 Germany 5 Edmonton at Lethbridge, 7 p.m.
Cleveland at Toronto Saginaw at Sarnia, 7:05 p.m. Switzerland 8 South Korea 5
San Jose 63 28 27 6 2 167 198 64 Saturday – All Times Eastern Tri-City at Portland, 7 p.m.
Chicago at New Orleans Kitchener at Guelph, 7:30 p.m. Draw 17
Chicago 64 23 32 7 2 171 221 55 Cincinnati at Charlotte, 5 p.m. Kelowna at Kamloops, 7 p.m.
Indiana at Memphis Owen Sound at London, 7:30 p.m. Czech Republic vs. Turkey
Seattle 64 20 38 5 1 168 228 46 Salt Lake at Kansas City, 7 p.m. Prince George at Victoria, 7:05 p.m.
Washington at Milwaukee Barrie at Oshawa, 7:35 p.m. Canada vs. South Korea
Arizona 63 20 39 0 4 164 228 44 Sunday Spokane at Everett, 7:05 p.m.
Phoenix at Denver United States vs. Sweden Orlando at Portland, 4 p.m. Seattle at Vancouver, 7:30 p.m.
Note: The top three teams per division
and the next-best two clubs per
QMJHL Denmark vs. Italy
Wednesday
conference qualify for the playoffs Thursday
TELEVISION
Thursday Boston 125 Utah 97 Wednesday
Dallas 110 Houston 91 Acadie-Bathurst 6 Halifax 3 Draw 12 FRIDAY (ALL TIMES EASTERN)
Dallas at Carolina Blainville-Boisbriand 4 Rouyn-Noranda 1
Florida at Montreal Detroit 122 Atlanta 101 Denmark 8 South Korea 7 (extra end)
Golden State 118 Miami 104 Charlottetown 6 Saint John 4 Switzerland 10 Czech Republic 3 AUTO RACING CURLING
Tampa Bay at Boston Moncton 5 Cape Breton 2
Detroit at N.Y. Islanders Memphis 132 Brooklyn 120 United States12 Turkey 5 F1: Saudi Arabian GP (practice), TSN 2, World Women's Curling Championship
New York 121 Charlotte 106 Rimouski 4 Victoriaville 2 Draw 13
Ottawa at Winnipeg Sherbrooke 6 Baie-Comeau 3 11:45 a.m. Draw 18: Canada vs. Germany, TSN 4, 5,
Philadelphia at St. Louis Oklahoma City 118 Orlando 102 Germany 7 Italy 5 12 p.m.
Philadelphia 126 L.A. Lakers 121 Wednesday Japan 8 Denmark 1 BASEBALL
Vancouver at Minnesota Blainville-Boisbriand 4 Val-d’Or 2 Draw 20: Czech Republic vs. Canada,
San Jose at Edmonton Phoenix 125 Minnesota 116 Switzerland 8 United States 7 TSN 1, 3, 10 p.m.
Drummondville 6 Shawinigan 3 MLB: Detroit vs. Toronto, SN East, Ontario,
Chicago at Los Angeles Sacramento 110 Indiana 109 Norway def. Scotland (forfeiture)
Rouyn-Noranda 3 Gatineau 2 (OT) West, Pacific, 1 p.m. GOLF
Nashville at Vegas San Antonio 133 Portland 96 Draw 14
Sherbrooke 5 Chicoutimi 4 Canada def. Scotland (forfeiture) BASKETBALL
Friday — All Times Eastern Friday — All Times Eastern DP World Tour: Commercial Bank Qatar
Wednesday Czech Republic 7 Japan 3
Acadie-Bathurst at Halifax, 7 p.m. NCAA (Women): Regional Semifinals Masters, Second Round, Golf Channel,
Buffalo 4 Pittsburgh 3 (SO) Utah at Charlotte, 7 p.m. Italy 9 Turkey 7 (extra end)
Moncton at Saint John, 7 p.m. North Carolina vs. South Carolina, TSN 2, 7 a.m.
Chicago 4 Anaheim 2 Washington at Detroit, 7 p.m. Sweden 7 South Korea 3
Val-d’Or at Victoriaville, 8 p.m. 7 p.m. PGA: Corales Puntacana Championship,
Toronto 3 New Jersey 2 Golden State at Atlanta, 7:30 p.m.
Drummondville at Baie-Comeau, 8 p.m. Friday — All Times Eastern Maryland vs. Stanford, TSN 2, 9:30 p.m. Second Round, Golf Channel, 10:30 a.m.
Vancouver 3 Colorado 1 Dallas at Minnesota, 8 p.m.
Draw 18, 12 p.m. PGA: WGC - Dell Technologies Match
New York at Miami, 8 p.m.
Friday — All Times Eastern Houston at Portland, 10 p.m.
ATP/WTA Norway vs. Denmark, Switzerland vs.
NCAA (Men): Regional Semifinals Play, Day 3, Golf Channel, 2 p.m.
St. Peters vs. Purdue, CBS, TSN 5, 7 p.m.
Pittsburgh at N.Y. Rangers, 7 p.m. Philadelphia at L.A. Clippers, 10:30 p.m. MIAMI OPEN Japan, Canada vs. Germany, Scotland Whiparound Coverage, TSN 4, 7:30 p.m. HOCKEY
Washington at Buffalo, 7 p.m. vs. United States North Carolina vs. UCLA, CBS, 9:30 p.m.
Saturday Thursday Draw 19, 5 p.m. NHL: Pittsburgh vs. N.Y. Rangers, SN East,
Columbus at Winnipeg, 8 p.m.
Arizona at Calgary, 9 p.m. San Antonio at New Orleans, 5 p.m. WOMEN’S SINGLES — ROUND OF 64 South Korea vs. Japan, Turkey vs. Scotland, NBA Ontario, Pacific, 7 p.m.
Philadelphia at Colorado, 9 p.m. Sacramento at Orlando, 7 p.m. Anna Kalinskaya, Russia, def. Karolina Italy vs. Czech Republic, Sweden vs. Golden State vs. Atlanta, NBA TV Canada, NHL: Columbus vs. Winnipeg, TSN 3,
Indiana at Toronto, 7:30 p.m. Pliskova (6), Czech Republic, 6-3, 6-3. Norway 7:30 p.m. 8 p.m.
Saturday (Canadian teams) Brooklyn at Miami, 8 p.m. Karolina Muchova, Czech Republic, def. Draw 20, 10 p.m. New York vs. Miami, SN1, 8 p.m. NHL: Arizona vs. Calgary, SN West, 9 p.m.
Florida at Ottawa, 7 p.m. Chicago at Cleveland, 8 p.m. Leylah Annie Fernandez (18), Laval, Germany vs. Switzerland, United States Houston vs. Portland, NBA TV Canada, TENNIS
Toronto at Montreal, 7 p.m. Milwaukee at Memphis, 8 p.m. Que., 6-4, 7-6 (3). vs. Denmark, Turkey vs. South Korea, 10 p.m.
Vancouver at Dallas, 7 p.m. Oklahoma City at Denver, 9 p.m. Ons Jabeur (8), Tunisia, def. Magda Czech Republic vs. Canada Philadelphia vs. L.A. Clippers, SN 1, East, WTA: Miami Open, DAZN, TSN 1, 12 p.m.
Edmonton at Calgary, 10 p.m. Houston at Portland, 10 p.m. Linette, Poland, 7-6 (1), 6-2. Conclusion of Preliminary Round Ontario, West, Pacific, 11 p.m. ATP: Miami Open, TSN 2, 11:30 a.m.

CORNERED OFF THE MARK SPEED BUMP BIZARRO

 UKRAINE CRISIS Photo by World Vision

Help the people of Ukraine today

Photo: ACT Alliance/HIA

The humanitarian needs driven by the conflict in

Ukraine are alarming.

People are fleeing their homes in droves, many

seeking refuge in neighbouring countries.
The number of people needing humanitarian
assistance inside Ukraine and in the bordering
region is well into the millions.

Even as the situation continues to evolve, families

are in desperate need of food, water, shelter, health
care, trauma support and protection.

Your gift of $50, $100 or $500 today will help

provide life-saving aid to the people of Ukraine.
Our members are working together through local The Humanitarian Coalition brings together leading aid
partners and networks to provide: organizations to provide Canadians with a simple and
effective way to help during international humanitarian
• Food and water • Shelter disasters. Member agencies join forces to mobilize
• Hygiene products • Household items media, businesses and individual Canadians to raise
funds and help respond to humanitarian crises.
• Medical care • Mental health care Together, we are saving more lives.

DONATE TODAY AT TOGETHER.CA

Phone: 1-855-461-2154

Or send your cheque to

Humanitarian Coalition
39 McArthur Ave, Ottawa, ON, K1L 8L7, Canada

Photos from left to right: World Vision, ACT Alliance/HIA, World Vision Ad space courtesy of The Globe and Mail
B18
Italy to miss World Cup again
European champion
fails to qualify after
conceding late in 1-0
loss to North Macedonia
PALERMO, ITALY
European champion Italy will
miss the World Cup. Again.
The unthinkable happened in
Palermo on Thursday as the Az-
zurri were beaten 1-0 by North
Macedonia following a last-gasp
goal by Aleksandar Trajkovski in
their playoff semi-final.
Trajkovski scored with a shot
from outside the area in what was
North Macedonia’s only real op-
portunity after a completely
dominant performance by Italy,
which missed a number of chanc-
es and had several others saved
by visiting goalkeeper Stole Dimi-
trievski.
But, just like five years ago, at
the final whistle the Italy players
fell to the ground in disbelief and
disappointment – with several of
them in tears – as the opposition
celebrated wildly.
Italy also failed to qualify for
the 2018 World Cup after losing to
Sweden in a two-legged playoff
the previous November. Missing
two straight World Cups is an un-
precedented low point for the
four-time champion, especially
just months after winning Euro
2020.
“I’m proud of my teammates,
we are all destroyed and broken
but we have to start again,” Italy
captain Giorgio Chiellini said. “At
the moment it’s difficult to talk
about it, it will remain a great
hole.
“I hope that the coach will stay
because he is essential for this
team. Now we have to return to
winning, go to the Euros and in
four years time return to this
blessed World Cup.”
North Macedonia will play Por-
tugal on Tuesday for a spot in the
tournament in Qatar after Cristia-
Portugal inches closer to World Cup qualification
PORTO, PORTUGAL
The Portugal fans at the Estadio
do Dragao looked stunned when
the referee returned from the vid-
eo-review booth and pointed to
the penalty spot.
Were they about to witness an-
other late collapse at home that
could jeopardize the national
team’s hopes of making it to the
World Cup?
The 85th-minute penalty gave
Turkey a chance for an equalizer
after Portugal had opened a two-
goal lead in their European-qual-
ifying playoff semi-final. But Bu-
rak Yilmaz’s spot kick sailed over
the crossbar, letting Portugal off
the hook.
The hosts went on to score
again in stoppage time for a 3-1
victory Thursday that moved
Cristiano Ronaldo and Portugal a
step closer to the World Cup.
“We can’t let that happen. We
had the game under control,”
Portugal coach Fernando Santos
said. “We lost some intensity but
in the end the players responded
well. Had that penalty gone in, it
could have been difficult for us.”
It was a 90th-minute goal
against Serbia in November in
Lisbon that relegated Portugal to
the qualifying playoffs to begin
with, having blown a chance to
finish as group winner.
Ronaldo’s hopes of reaching a
10th straight major tournament
will now come down to a winner-
YWCA advocating for equity in sports with new campaign
STEVEN LOUNG
“It’s time to add the ‘M,’ ” said
Canadian soccer star Christine
Sinclair in a new video released by
the YWCA on Thursday.
She, along with other influen-
cers such as Sportsnet’s Tara
Slone, is helping spread the mess-
age of a new campaign that asks a
simple question: “Ever wonder
why men’s sports are just called
‘sports’ but women’s sports are
called ‘women’s’ sports?’ ”
That video was launched as
part of a larger campaign called
“Add the M,” which is looking to
draw greater awareness to the in-
herent inequity seen between
men’s and women’s professional
sports leagues.
The campaign takes specific
aim at four of the biggest sports –
hockey, basketball, soccer and
golf – that have men’s and wom-
Italy players reacts after
missing a scoring chance
during their World Cup
qualifying match against
North Macedonia in
Palermo, Italy on
Thursday. The Azzurri
had also missed out on
the 2018 World Cup.
ANTONIO CALANNI/AP
takes-all game against North Ma-
cedonia, which earned a stun-
ning 1-0 win at Italy to end the Eu-
ropean Champion’s hopes of
making it to the World Cup.
The game against North Mace-
donia will be on Tuesday in Por-
tugal.
“Now we have to focus on
North Macedonia,” Santos said.
“If they managed to beat Italy,
that means it’s going to be very
difficult for us as well.”
Portugal is trying to qualify for
the World Cup for the sixth
straight time.
The 37-year-old Ronaldo has
played in soccer’s showcase event
four straight times. He also
played in four consecutive Eu-
ropean Championships, winning
the title in 2016.
Ronaldo is the only player to
have scored at least once in the
finals of nine top tournaments in
a row, a streak that started at Euro
2004 in Portugal.
WITHOUT IBRAHIMOVIC,
SWEDEN REACHES WORLD CUP
PLAYOFF FINAL
STOCKHOLM Robin Quaison kept
alive Zlatan Ibrahimovic’s hopes
of playing in another World Cup
for Sweden.
With the suspended Ibrahi-
movic watching on, Quaison
came off the bench and scored in
the 110th minute as Sweden beat
the Czech Republic 1-0 after extra
en’s professional leagues by add-
ing an “M” to the front of the NHL,
NBA, MLS and PGA logos.
“Without the M, men’s sports
leagues are treated as the default
for all sports, automatically leav-
ing women out of the conversa-
tion,” Sinclair said in a statement.
“It’s hard to fight for equality,
when all of women’s sports are
treated as an afterthought.”
Spearheaded by Amy Juschka,
the YWCA Vancouver branch’s di-
rector of communications and ad-
vocacy, Add the M came about as
she was listening to an interview
with Canada Soccer’s president
Nick Bontis.
“When he was asked about the
fact that there was no profession-
al [soccer] league for women in
Canada, his rationale was that
Canada Soccer had never sought
out or attracted the level of invest-
ment that’s needed to have a
league for women.
no Ronaldo’s side beat Turkey 3-1.
Euro 2020 is the only major tour-
nament North Macedonia has
qualified for.
Roberto Mancini was missing a
number of players that helped
Italy win the European Cham-
pionship last summer and had to
field a makeshift defence, but it
was barely troubled by North Ma-
cedonia until the very end.
Italy got off to an aggressive
start but struggled to find a way
past the wall of red shirts.
The Azzurri were gifted a great
chance in the 30th minute after a
horrendous kick from the North
Macedonia goalkeeper left Do-
menico Berardi with an open goal
but he scuffed his shot and Dimi-
trievski got back in time to make
the save.
Dimitrievski did better mo-
ments later when he fingertipped
Ciro Immobile’s angled shot over
the bar.
time to advance to one of the
playoff finals in European quali-
fying for the World Cup on Thurs-
day.
It was a well-taken goal, too,
with Quaison exchanging passes
with Alexander Isak before slot-
ting home a low finish from close
range at the Friends Arena in
Stockholm.
Sweden must now travel to
play Poland on Tuesday for a
place in the tournament in Qatar
over November and December.
The 40-year-old Ibrahimovic
should be available for that
match after serving his suspen-
sion, though he has been trou-
bled by an Achilles tendon injury
in recent weeks.
The Czechs missed out on
qualifying for a first World Cup
since 2006. Sweden reached the
quarter-finals at the 2018 tourna-
ment in Russia.
Poland received a bye to the
playoff final after its scheduled
opponent, Russia, was thrown
out of qualifying following the
country’s invasion of Ukraine.
BALE’S BRILLIANCE MOVES
WALES INTO WORLD CUP
PLAYOFF FINAL
CARDIFF, WALES Gareth Bale dem-
onstrated his enduring value for
Wales by scoring two goals – in-
cluding a sensational free kick –
in a 2-1 win over Austria on
Thursday, leaving his country
“And I just thought that is so
bad and such a tragedy for all of
these girls about their worth, their
value as athletes.”
After doing research into pro-
fessional women’s sports leagues,
Juschka thinks she found the
heart of the problem.
“The way that it turns from an
idea to action is thinking about
what is a visible way to show how
women are isolated in sports,” she
said.
“And, really, it’s the ‘W’ that is
before the acronym.”
Thus, came the idea to mock up
existing professional sports
league’s logos like the NHL’s,
changing it to the MNHL.
The YWCA is a non-profit orga-
nization with a focus on empo-
werment, leadership and rights of
women and girls in more than 100
countries.
Using this network, the Add
the M campaign is hoping to leave
O T H EG LO B EA N D M A I L
BIRTH AND
DEATH NOTICES
Italy was getting closer and Di-
mitrievski had to make another
save, this time to palm Lorenzo
Insigne’s effort around the post.
North Macedonia had its first
attempt on goal on the stroke of
halftime when Enis Bardi thread-
ed a ball through for Trajkovski
but his effort was straight at Gian-
gluigi Donnarumma.
Berardi almost atoned for his
first-half error early in the second
period but saw one attempt well
saved by Dimitrievski and curled
another just past the left post.
Italy was laying siege to the
goal but saw everything charged
down by North Macedonia.
And it was made to pay for its
profligacy in stoppage time as
Trajkovski fired a low shot into
the bottom left corner from 25
yards, leaving Mancini looking
stunned on the sideline.
THE ASSOCIATED PRESS
one more victory away from a
first World Cup in 64 years.
A peripheral figure at Real Ma-
drid this season, Bale continues
to deliver for Wales and his dou-
ble in the playoff semi-final at
Cardiff City Stadium took his re-
cord all-time goal tally for the na-
tional team to 38.
Surely he hasn’t scored a better
one than the 25th-minute free
kick with his left foot that soared
over the defensive wall and
swerved just inside the near post,
almost off the underside of the
crossbar.
His second strike was of the
highest quality, too, as Bale met a
low cross into the penalty area
with a touch and – while facing
away from goal – a rising shot on
the turn that flew into the far cor-
ner.
Marcel Sabitzer’s 64th-minute
effort, which deflected in off the
outstretched boot of Wales de-
fender Ben Davies, gave Austria
hope but the Welsh held on as
they closed in on a second ever
appearance at a World Cup, and a
first since 1958.
Wales will host either Scotland
or Ukraine – the other two teams
in Path A of the playoffs – for a
place in the tournament in Qatar.
Their semi-final match was post-
poned until June because of Rus-
sia’s invasion of Ukraine.
The final is also scheduled for
that month.
THE ASSOCIATED PRESS
CLASSIFIED
a big impression, even at the risk
of getting into a little trouble.
“They are trademarked, yes,”
Juschka said of the logos being
spoofed. “We think that this really
is just a fun opportunity for us to
be able to show in a very visual
way inequity in sport.”
“Gender inequity in sport is a
systemic issue. There are so many
examples. Everything from pay
inequity, to lack of representa-
tion, to lack of role models.”
This inequity, Juschka said,
leads to young girls leaving sport.
“One in three girls drop out of
sports in their late teens, com-
pared to just one in 10 boys,” she
said in a press release. “Girls are
losing out on all the advantages
sport provides as they move into
adulthood – from health and well-
ness, to leadership development,
to the support of a team.”
THE CANADIAN PRESS
| F R I DAY , M A RC H 2 5 , 2 0 2 2
DEATHS
KELLY ELIZAB ETH
B UCKI N G H AM
We are profoundly heartbroken
to announce the sudden passing
of our beloved Kelly Elizabeth
Buckingham (née Drinkwater) on
Thursday, March 17, following a
brief battle with mental illness.
Born December 10, 1981, in
Toronto, Kelly enjoyed formative
childhood years in England,
excelling in ballet and on skis
during family trips to the Alps.
Always an animal lover - even
stuffed animals - family dogs
Bagshot and Boomer, were
her consummate companions.
Kelly graduated from Branksome
Hall, where she thrived and
forged lifelong friendships. Kelly
also connected with her Celtic
roots during study programmes
in Dublin and St. Andrews,
majoring in international relations,
links golf and pub gatherings.
She graduated from McGill
University in 2004 with a degree
in Political Science.
Kelly had an instinct for
entrepreneurial opportunities,
pursuing mortgage brokering,
serving as president of her
Toronto business club, and
following a passion for health and
wellness ventures. Most recently,
she and her husband, Matt, were
realizing their dream of restoring
and renovating a Victorian
house into a hotel in Wellington,
Prince Edward County. Always
in her element on Lake Joe and
Georgian Bay, we will forever
picture her driving the whaler,
relaxing on the dock, and
swimming with her kids.
A natural, effortless beauty, it
was Kelly’s genuine and honest
character that most endeared
her to strangers and loved
ones alike. Quick with a warm,
dimpled smile, and generous
with her time and empathy, Kelly
maintained deep relationships
with a tight but large circle of
friends and family. The youngest
of the Drinkwater children, she
was her family’s bright and joyful
harmonizer, always up for a
good laugh and a model of living
purposefully with style.
Kelly’s greatest joy was being
a mother to Isabelle and Will,
whose world she filled with
wonder, creativity, and immense
love. She is survived by Matt
and their children; her parents,
Susie and David (Adele); her
siblings Jennifer Jones (Kevin)
and Michael (Cameron); and
her seven nieces and nephews,
Eleanor, Gwenyth, Tate, Hugh,
Boyd, Jacob and Kaitlin. Her large
extended McClelland-Drinkwater-
Buckingham family will all miss
her dearly.
The family will receive friends
in Kelly’s honour on Friday,
March 25, from 2 p.m. to 5
p.m. at Rosedale Golf Club,
1901 Mount Pleasant Road,
Toronto. Please follow your
personal COVID preferences.
Entry will be staggered.
For family and friends in the
County and surrounding area,
a celebration of life will be held
Monday, March 28, from 4 p.m.
to 6 p.m. at Slake Brewery, 181
Mowbray Road, Picton, Ontario.
We hope our devastating loss will
help other families shine light on
the mental health challenges that
affect so many.
In lieu of flowers, please consider
a donation to the Mental
Health Program at Women’s
College Hospital in Toronto in
Kelly E. Buckingham’s memory.
You can donate online at
https://wchf.akaraisin.com/ui/
KellyBuckingham or by calling
Women’s College Hospital
Foundation at 416-323-6323.
MERCHANDISE
WAN TED TO BUY
I MAKE HOUSE CALLS!
I BUY:
Estates, Antiques,
Silver Plate & Sterling,
Gold & Costume Jewelry,
Watches, Coins, Stamps,
and World Paper Money
WANTED:
Diamonds, Rolex, Cartier, Faberge,
Tiffany, Georg Jensen, etc.
Call Bob 416-605-1640
F R I DAY, MA RC H 2 5 , 2 0 2 2 | T H EG LO B EA N D M A I L O
DEATHS
M A JO R G EN ERAL (RET.)
ERN EST B AS IL CREB ER
CD, C MM
October 26, 1 927
March 19, 2 022
Major General (Ret.) Ernest
Basil Creber, CD, CMM, passed
peacefully away at home,
surrounded by his loving family.
Survived by Tina, his best
friend, the love of his life and
wife of 72 years; his children,
Michael (Monique), Catherine
(Ernie Wong), Christopher;
grandchildren, Jeff Wong (Haley),
Andrew Franklin, Doug Wong,
Grace Rei (Andrew), Michelle
Creber; and great-grandchildren,
Sawyer Wong and Rayla Rei.
Second only to his love of family,
Ernie took enormous pleasure and
pride in his career as a member of
the Military in service to Canada,
especially as a member of the
RCEME Corps.
Ernie was born in Vancouver, and
graduated from the University of
British Columbia with a degree in
electrical engineering and married
Tina in 1951. He joined the Corps
of Royal Canadian Electrical and
Mechanical Engineers (RCEME)
and began a busy military career;
a life of service and dedication he
shared with his wife and family.
He was posted frequently in the
early years in various staff and
field assignments in Canada,
including intensive studies in
the latest technologies: RADAR
in Kingston, Guided Weapons
in Huntsville Alabama, and Fire
Control systems at the Military
College of Science in Shrivenham
UK. His career also included 2
years at Staff College in Kingston
and a year as commander of the
UN Workshop at Camp Rafah
in 1966, where he had to close
the camp just before the Seven
Days war. Returning home,
he attended National Defense
College in 1969 before a posting
to Mobile Command in St.
Hubert. After an intense course
in French, Ernie was promoted
to Brigadier General and
assumed the position of Director
General Land Engineering and
Maintenance at NDHQ. In 1979 he
was promoted to Major General
and assumed the position of
the Associate Assistant Deputy
Minister of Defense (Materiel).
Throughout his career, the
RCEME Corps remained
extremely important to him; he
was dedicated to ensuring that
RCEME officers had the technical
knowledge to lead and provide
strategic direction and he worked
to ensure that RCEME remained a
separate entity with the Army.
For his outstanding service to
his country, Ernie was honoured
to receive the Commander of
Military Merit in 1982 and retired
from the Armed Forces.
He immediately went to work
for Bristol Aerospace and was
the founding president of the
Canadian office of SAIC in 1986
before moving to Intercon
Consulting Inc. in 1996. Retirement
included positions on the Board of
the Royal Ottawa Golf Club and as
President of the Rideau Club.
Ernie lived a life exemplified
by honesty, hard work, gentle
humour and love of family. Tina
and Ernie shared a lifetime of
happiness. Leisure time was
spent fixing and building things,
including a boat (which featured
in many family outings); cross
country skiing, swimming, Scuba
diving and, his favourite, looking
after the family cars. Golf became
a great passion in retirement and
he and Tina spent many wonderful
years golfing and travelling. He
always enjoyed classical music,
especially cello pieces with
Sunday family dinners, including
a rotation of favourite records
on the phonograph. The RCEME
Corps remained close to his heart
and the new flag, presented to
him at the 75th Anniversary of the
Corps, flew proudly at his home.
He was much admired by his
many friends and associates, and
adored by his family. Ernie will be
greatly missed.
Much appreciation is owed to
the Palliative Care Team at Mont
Fort Hospital and Home and
Community Care Services, and
the caregivers who looked after
him so well.
In lieu of flowers, donations
may be made in Ernie’s name
to the RCEME Foundation or
the Foundation of The Order of
St. George or the UN Ukraine
Emergency Relief Fund.
The family will receive friends at
Beechwood Funeral, Cemetery
and Cremation Services (280
Beechwood Avenue, Ottawa), on
Tuesday, March 29, 2022 from
1:00 p.m. until the time of Funeral
Service at 2 p.m. in Beechwood’s
Sacred space, followed by a
Military burial at the National
Memorial Cemetery.
To subscribe
DEATHS
G RAN T LAWREN CE DUFF
1927 – 2 022
Grant Duff was a great guy with
a big voice, a bigger laugh and a
huge heart. He made everyone
feel special. He passed away on
Tuesday, March 22, 2022, at the
age of 95.
Grant is survived by his wife,
Catharine Wilson Duff, and
his loving family, Dr. Virginia
(Ginny) Duff (predeceased by
John Wilson), David Duff (Mary
Liston), and grandson, John-Alex
Duff Wilson. Grant was adored
by Cathy’s family, Jackie Moss
(Brian Shaw), Jamey Fitzgibbon
(Rhonda), Jeffrey Fitzgibbon
(Penny) and grandchildren, Teddy
and Alistair Moss, Katie and Chris
Fitzgibbon, and Chloe and Julian
Fitzgibbon. He is also survived by
his older sister, Connie Stokes and
her family. Grant’s first wife, Jean,
predeceased him in 2000.
Grant was born in Cochrane,
Ontario, and grew up in northern
Ontario and Toronto, where he
attended Jarvis Collegiate. After
studying engineering at the
University of Toronto, Grant and
a good friend cycled throughout
Europe, collecting adventures
and stories that lasted the rest of
their lives. Returning to Toronto,
Grant met his first wife, Jean, with
whom he had two children. After
Jean passed away in 2000, Grant
had the good fortune to meet and
marry Cathy and join his second
family whom he cherished as
much as his first. Grant was a lucky
man to have had two families
who loved him enormously.
Grant had a successful career as
an urban developer and an even
more successful retirement,
spending summers in Muskoka
and Stouffville and winters in
Florida, and travelling the world
with Cathy, including a trip to
Europe in 2017 at the age of 90.
Grant sailed at the Royal Canadian
Yacht Club in Toronto, skied at
Alpine Ski Club in Collingwood,
played tennis at the Granite
Club in Toronto, played golf at
Granite Golf in Stouffville and the
Classics in Naples, and took up
windsurfing in his 60’s. He was a
founder and a lifelong advocate
for Fighting Blindness Canada
(https://www.fightingblindness.
ca), to which donations can
be made.
Grant bravely fought five cancers
and was working on the sixth.
His family would like to thank
Dr. Berinstein and the staff at
Sunnybrook Hospital for the care
that they provided.
A celebration of Grant’s life will
take place at the Granite Club at a
date later this spring.
G ARY JO H N H EFFERN AN
1945 – 2 022
It is with great sadness that the
family of Gary John Heffernan
announce his passing on Saturday,
March 12, 2022 at Oakville Trafalfar
Memorial Hospital. Gary was
predeceased by his parents Velma
and Howard Gingrich, and Arthur
Heffernan.
He leaves behind his wife, Mary
Ellen, and his daughters Meagan
(Dan Bradley) and Whitney (Brent
Houghton). He was a proud
and devoted Papa to Gracie,
Charlie, Jack, Aidan and Emma.
He was so loved and will be
missed everyday, but his difficult
challenge with Lewy Body
Dementia is over, and he is now at
peace. Memorial donations to the
Canadian Red Cross Ukrainian
fund would be appreciated.
TO ADVERTISE 1-866-999-9237
ADVERTISING@GLOBEANDMAIL.COM
B USIN ESS H O URS (EST)
MONDAY – FRIDAY 8:30AM – 5:30PM
SUNDAY & HOLIDAYS 1:00PM – 5:00PM
DEADLIN ES (EST)
NEXT DAYS’ PAPER – SUBMISSION
3:00PM DAY PRIOR
PAYMENT/APPROVAL 4:00 PM DAY PRIOR
CALL 1-800 387 5400 | TGAM.CA/SUBSCRIBE
DEATHS
M ARG ARET DAG M AR
“M IKE” KIN G
1935 – 2 022
After a long and wonderful
life, Margaret ‘Mike’ King (née
Lind) passed away peacefully
in her 87th year at the St Mary’s
Memorial Hospital on March 12,
2022. Daughter of the late John
and Margaret Lind, Mike was the
eldest of four siblings, John Lind
(deceased), Jane Lind, Ann Lind.
Mike lost her husband and friend,
John King, 36 years ago. Far too
young, and many adventures
missed. She is remembered
fondly by her children Chris and
Candice (Baker) King, Marshall and
Janice (Willmott) King, Stephen
and Megan (King) McKay. Mike
had a very close relationship with
her grandchildren, who knew her
as ‘Emma’. Sandy, Jesse, Maddy,
Clara-May, Daisy, Nicole, Alex,
Laura, Samantha, and Morgan all
have great memories of spending
time with Emma at her farm.
Her elementary school friends in
St. Marys nicknamed her “Mike,”
which was her preferred handle.
Mike cherished her friendships
from all stages of her life, which
included Bishop Strachan School
and the University of Western
Ontario. After university Mike
lived abroad in England, riding to
hounds, and then France where
she studied at the Sorbonne.
Returning to Toronto, she enjoyed
her career as a Social Worker,
which imbued a sense of serving
those less fortunate, and a duty of
philanthropy. Eventually, the pull
of community and family in St.
Marys proved too powerful, and
she moved back home. Margaret
loved St. Marys and felt a deep
responsibility to continue the
legacy of the Lind family in giving
back to the community.
Mike was a President of the
Hospital Auxiliary, Superintendent
of the St. James Sunday School,
the Battalion Commander for the
St. Marys branch of the St. Johns
Ambulance, and a leader for the
United Way. She was a long-time
board member of the Canadian
Baseball Hall of Fame, serving
as Chair for many years. Along
with her siblings, she provided
funding for the Lind Sportplex
at the Quarry, a satisfying full
circle for Mike after spending her
youth as a lifeguard there. A great
supporter of the arts, Mike funded
a personal foundation at the
Stratford Festival, and supported
the Stratford Summer Music
Festival among other programs.
She had a great love for her
dogs and horses. She enjoyed
the companionship of many
breeds but cherished her Irish
Wolfhounds. Mike was a solid
equestrian, having ridden all her
life, and particularly enjoying
European riding holidays. She
was fearless in the saddle, riding
well into her 80s, never letting
injuries dampen her enthusiasm.
Mike’s other passion was fly-
fishing, and she took annual trips
with family and friends to the
Grand Cascapedia.
We are grateful for the many
efforts of friends and family in the
last years of Mom’s life, keeping
her engaged through theatre,
dinners and visits. The family will
be forever grateful for the care
that Rosie and Gail provided Mike,
allowing her to live a full life on
her terms, at home, as she had
always hoped. Our appreciation
also to the Bennetts, for making
everything work at the farm!
Cremation has taken place. A
private funeral Memorial Service
will be held at St. James Anglican
Church, St. Marys. A Celebration
of Life for the public will be held
on Saturday, April 9, 2022, at
the St. Marys Golf & Country
Club, 769 Queen St E, St. Marys,
from 12:30 to 3 p.m. Donations in
Mike’s memory can be made to:
St. Marys Memorial Hospital, the
Canadian Baseball Hall of Fame,
the Stratford Festival or the charity
of your choice. Arrangements
with the Andrew L. Hodges
Funeral Home, St. Marys (519-
284-2820). Online condolences at
www.hodgesfuneralhome.ca.
Report on
Business
TO SUBSCRIBE 1-866-999-9237
TGAM.CA/SUBSCRIBE
DEATHS
M O RTIM ER (M O RTY) LIEBERM AN
Peacefully, on Tuesday, March 22,
2022, in his 90th year. Beloved
husband and best friend of Joy
(nee Small) for fifty-seven years,
and the late Dorothy (nee
Steinberg). Son of the late Leah
and of the late Joseph Lieberman,
and son-in-law of the late Celia
and the late Philip Small, and the
late Fanny and the late David
Steinberg. Cherished father and
father-in-law of Jeffrey and Jenny,
Sidney and Jodi, E arl, Philip and
Sherri, and Michael. Adored
grandpa of Danielle and Michael,
Brittany, Aidan, and great-
grandpa of Mason. Much beloved
brother and brother-in-law of the
late Florence and the late David
Silien; the late Sam and E va
Lieberman; Rita and the late
Harvey Silver; Beryl and the late
Manny Goldberg; the late Stanley
and Karen Small; the late Diana-
Gail and the late Norman
Shadowitz; and the late Stanley
and the late Gerri Steinberg.
Morty will be remembered for his
striking blue eyes, his love of
telling a good joke, his dashing
good looks and infectious smile.
He was a real musical talent, on
the stand-up bass in his youth and
later in life on the keyboards, as
well having had a beautiful
crooner voice. Although he faced
many medical challenges over the
past number of years, he always
fought back valiantly to recover
and carry on. He was a good and
gentle soul who will be fondly
remembered and missed. The
family wishes to thank the staff of
the 6th floor of the Apotex
Centre, Baycrest and to the
incredibly dedicated and
thoughtful doctors and nurses of
the ICU unit of Sunnybrook
Hospital with a special shout out
to Dr. Scales. Special thanks to
Drs. Roche-Nagel, Newton,
Balmain, Harris and Scholey for
their collective care over the
years.
A graveside service was held on
Thursday, March 24, 2022 at 1:00
p.m. in the Beth Sholom
Synagogue section of Mt. Sinai
Memorial Park. Donations in
Morty’s memory may be made to
The Peter Munk Cardiac Centre at
T oronto G e n e ra l H o s p i ta l
www.uhnfoundation.ca/tribute
416-603-5300.
G LADYS AN N M ARTIN
1933 – 2 022
Died peacefully at her residence
in her 89th year. Beloved wife to
David who predeceased her in
2019; and mother to sons Michael,
Lorne and Paul. She navigated
seamlessly and expertly through
this all male environment, never
seeming to get flustered, no
matter what her sons threw at
her. Beloved sister to Lorraine
and predeceased by brothers
Walter (Chippy) and Louis. Proud
grandmother to eight and great-
grandmother to eleven. Nothing
made her smile more than her
time with the little ones.
Gladys had a 50/50 partnership
with David. They combined their
individual talents to build a loving
home for their family and their
friends. David and Gladys were
inseparable in their lives, and they
enjoyed nothing more than their
time at their various cottages in
Muskoka, travelling extensively
with a fondness later in life for
cruises and, of course, throwing
some epic parties.
The family would like to thank
the staff at Sunrise Oakville for
their compassion and support
to Gladys. A Celebration of
Life will be held at a date to
be determined.
Memorial donations can be made
to the Hurvitz Brain Sciences
Program at Sunnybrook Hospital.
donate.sunnybrook.ca/donate
RO BERT DO UG LAS M CLEN N AN
Robert Douglas McLennan,
79, passed away March 16,
2022, in Belleville, Ontario.
He will be forever missed by
his wife of 43 years, E
lizabeth;
his children, Heather
McLennan (Andrew), Scott
McLennan (Penny); and his
sister, Joan Smith. Lovingly
remembered by his
grandchildren, Jacob,
Matthew, Alexis, Olivia and
Aidan. He was predeceased
by his parents, Allister and
Helen McLennan; and his
brother, David. Doug
requested no service but for
those who wish to remember
his life a donation to the
Belleville General Hospital
would be greatly appreciated.
Sports
TO SUBSCRIBE 1-866-999-9237
TGAM.CA/SUBSCRIBE
B19
DEATHS
STEVEN TEPERM AN
On Thursday, March 24, 2022 in
Florida. Steven Teperman,
beloved husband of Ying. He will
be sadly missed by Sabrina.
Father and father-in-law of Jordan
and Kym, and Daniel. Son of
Marvin and the late E stelle
Teperman. Brother and brother-
in-law of Sandra and Harley
Goldlist, Stuart and Gail
Teperman, and Sean Teperman
and Josh Petrie. Further
information to be announced.
Memorial donations may be
made to the Steven Teperman
Memorial Fund c/o The Benjamin
Foundation www.benjamins.ca,
416- 780-0324.
IN M EM O RIAM
In Loving Memory
M ALCO LM JO H N AVEY
1 9 47 – 2 02 1
Malcolm John Avey passed on
November 30, 2021. He would
have turned 75 this March 23,
2022. He loved a party and
would have wanted to celebrate
with his friends. Born in St. Paul,
Minnesota to Elna (nee Forsell)
and Edward Avey, a nursing
missionary and a Baptist pastor,
Malcolm moved to Toronto as a
young man.
A graduate in political economy
from the University of Toronto,
Malcolm made a living between
two careers. He was an early
computer programmer who
worked for the New Democratic
Party when their fortunes allowed.
He was a kind, gentle and
intelligent man with a strong life
force. A life-long activist, he loved
a political discussion, being with
friends and family, enjoying the
good things that are all around
and seeing the world.
Malcolm is sadly missed by his
wife, Chris Daly of Toronto and
Vancouver; his sister, Margot
Avey of St. Louis Park, Minnesota;
his cousin, Dr. Keith Jones of
Winnipeg; and his nephew,
Warren Bush of Vancouver.
Malcolm’s family wishes to thank
the health care team at Brock
Fahrni Pavilion, Providence
Health Care, Vancouver, for the
care Malcolm received in the last
two years of his life. The bonds
that team members formed with
him and the care he received,
particularly in the last few days of
his life, were a blessing. Special
thanks also to Tina Meredith and
his other exceptional caregivers
who transitioned with him from
care at home to Brock Fahrni and
made his difficult journey a bit
easier to bear.
Memorial donations in
Malcolm’s name may be made
to the St. Paul’s Foundation,
(attention Brock Fahrni) at
donate.helpstpauls.com/goto/
MalcolmJohnAvey
FUN ERAL SERVICES
THURSDAY
WIE
DE R, Susan - 12:00 Family Service.
KRUGE R, Daryl Jay - 1:00
Pardes Chaim Cemetery.
LIEBE
RMAN, Mortimer (Morty) - 1:00
Mount Sinai Memorial Park
SUN DAY
COLLIS, Saundra - 10:00 Chapel.
TUESDAY
ROGE
NSTE
IN, Tova - Service in Israel.
SHIVA
MANDE L, Josh - Shiva By Appointment,.
BACHE R, Aaron - Family Shiva,.
MOSCOE , Rochelle - 178 Pannahill Road.
OBAR, Dr. Marvin - Family Shiva,.
KAPOVSKI, Semyon - Family Shiva,.
WIEDER, Susan - Shiva By Appointment,.
LIE
BERMAN, Mortimer (Morty) - Family Shiva,.
UN VEILIN G SUN DAY
BATHURST LAWN MEMORIAL PARK
E
lzas, Vera - 2:00 pm - Clanton Park
Synagogue
2401 Steeles Ave. W. 416-663-9060
All service details are available
on our website
DONATIONS ONLINE
www.benjamins.ca
BENJAMIN’S LANDMARK MONUME NTS
YAD VASHE
3429 Bathurst St.
M AT LANDMARK
(416) 780-0635
3429 Bathurst Street 416-780-0596
B20 OBITUARIES
ENTREPRENEUR HELPED BUILD
AN EMPIRE IN ATLANTIC CANADA
After her successful real estate ventures, her family acquired a diverse collection of enterprises on land, at sea and in the air
FRED LANGAN
C
atherine Steele, an astute businesswoman who
died in St. John’s on March 6 at the age of 91, built
the first of her family’s successful businesses, a di-
verse collection of enterprises on land, at sea and
in the air, including transportation and media companies.
Her husband, Harry Steele, who died in January, was
known as one of Atlantic Canada’s leading entrepreneurs,
and she was as responsible for his success as he was, ac-
cording to her family. Mrs. Steele’s early forays into real es-
tate, along with her husband’s success in the stock market,
paved the way for their joint business success.
While she was raising her children in Dartmouth and
her husband was away at sea with the navy, Mrs. Steele
came up with the idea of buying distressed residential
properties.
“I was looking for houses that were in bankruptcy so I
could buy them, fix them up and hopefully make some
money,” Mrs. Steele once told this reporter in an interview.
“I studied music at university, but I found that I had an
affinity for business and I enjoyed it.”
She purchased, refurbished and then sold three houses
in Dartmouth that were in foreclosure. When her husband
was posted to command the Canadian Forces base at Gan-
der in Newfoundland, she started to look for similar op-
portunities there. But Gander was a much smaller place,
with a lot of government-owned housing connected to the
airbase. There was not a large pool of housing to choose
from, never mind trying to find a property in foreclosure.
The bank Mrs. Steele dealt with did have one interesting
property, but it was not a house; it was the Albatross Hotel,
a rather apt name given the disastrous financial health it
was in. Mrs. Steele transformed the Albatross from 48
rooms, one cook and two waitresses into a hotel with 113
rooms, five cooks and 12 waitresses. The hotel’s success
was the foundation of her husband’s business career after
he left the military.
“My mother and father were a team. I know that’s a cli-
ché with a lot of people, but with them, it’s very true. Be-
sides being husband and wife, from the business point of
view, they had very complementary but different skill sets.
They put those to work as a team to make the Albatross
successful,” said Peter Steele, the couple’s oldest son.
“The Albatross wasn’t a fascinating place, but as soon as
I got it I went to the library in Gander, and I found a book
entitled Every Customer is my Guest,” Mrs. Steele said. “I
read that, and I met with the staff, and I would discuss
things with them and what they felt would make their jobs
a lot better. I will never forget one of the girls said to me,
‘Mrs. Steele, could we possibly have a pocket in our uni-
form to keep our tips in?’ I hadn’t thought of that, but I
remember that to this day.”
Every Customer is my Guest is a 112-page book put out by
the Department of Tourism of Nova Scotia in 1964 and re-
printed several times. Its object was to help the owners of
small hotels and restaurants run their businesses success-
fully.
Added to the book’s advice was Mrs. Steele’s common
sense.
“I knew how I would like to be treated and I felt that I
wanted people to feel as if they had come to my house.
They don’t leave saying ‘well I’ve been there twice, the first
and the last time.’ [I hoped] that they would enjoy their
visit and want to come back. That was precisely the way I
wanted people to feel.”
Under Mrs. Steele’s management, the Albatross Hotel
was an immediate success. While she ran the hotel, her
husband would drum up business by speaking to airline
crews landing at Gander.
“Mum ran the hotel organizing the menus and all that
stuff while dad was busy in the navy but trying to drum up
some business for the hotel,” their son Rob Steele said.
“Eastern Provincial Airways was based here in Gander at
the time, and the Crosby family owned it, and the flight
crews would all stay at a competing hotel. So, my father
called on the airline to try to get them to redirect that busi-
ness to his hotel. That’s how he struck up an acquaintance
Scanners star had recurring roles on The Red Green Show, Street Legal
DAVID FRIEND TORONTO
L
awrence Dane, who played a du-
bious security head in David Cro-
nenberg’s telekinesis thriller Scan-
ners and guest-starred in a myriad
of television series, has died at 84.
Friend and fellow actor Chuck Shamata
says the Canadian character actor died in
Niagara-on-the-Lake, Ont., on Monday of
pancreatic cancer.
Mr. Dane built his acting career with an
array of roles in the movies and on televi-
sion that showcased his presence as an
authoritative figure.
In the horror-comedy film Bride of
Chucky he was an ill-fated private investi-
gator who learns crucial information in
his final moments, while on The Red Green
Show his recurring character Reg Hunter
was a divorced lawyer who retreated to Lawrence Dane starred in Scanners, a 1981
the sticks. cult hit thriller from David Cronenberg.
Born the youngest of six kids in Mas- CANADIAN FILM DEVELOPMENT CORPORATION
Send us a memory of someone we have recently profiled on the Obituaries page.
O T H EG LO B EA N D M A I L | F R I DAY , M A RC H 2 5 , 2 0 2 2
CATHERINE THORNHILL STEELE
BUSINESSWOMAN, 91
Catherine Steele transformed the Albatross Hotel in Gander, N.L., into an immediate success, establishing the foundation of
her husband’s business career after he left the military. COURTESY OF THE FAMILY
with Keith Miller, who was then president of EPA.” because my dad went to sea and I saw how my mum wor-
Harry Steele would later buy EPA from the Crosby fam- ried.” She remembered a time when her father was gone
ily, mortgaging the Albatross and using his stock market for those seven days, and no one knew if he was alive or
gains and all the family’s assets to finance it. dead. He was sailing from the Grand Banks to Burin, on the
Gander was a refuelling stop on the way to Europe; south coast of Newfoundland.
planes flying from Russia to Cuba couldn’t enter U.S. air- But she went on to marry a seafaring man anyway. She
space, so they too had to stop there, coming and going. was 24 when she wed the naval officer Harry Steele on his
At one stage rooms at the Albatross were in such de- 25th birthday.
mand that they would be meticulously cleaned and rented Catherine studied music at Mount Allison University, in
again on the same day after a flight crew had taken a short Sackville, N.B., which was quite an achievement for a
kip during a stopover. All transatlantic flight paths led to young woman from Grand Bank in the 1940s, when even
Gander. the journey getting there was arduous.
Janet Catherine Thornhill was born into a prominent “When I went to Mount A, I was living in Grand Bank, so
family on April 30, 1930, in Grand Bank, N.L. The village of I got a taxi to take me to the centre of the island, and from
Grand Bank, on the southern tip of the Burin Peninsula, is there I got the train to Port-aux-Basques where I got the
one of the warmest spots in Newfoundland, with a har- boat over to Sydney. In Sydney I got a train to take me to
bour that is ice-free year round, one of the reasons it was Mount Allison. That was how I got to university. I don’t re-
the centre of the fishery. member now, but in those days, it seemed endless. Travel
Catherine’s father, Arch Thornhill, was a legendary was terrible, but it was worth it.”
deep-sea fishing captain. Around 1918, he started fishing She met Mr. Steele when she returned to Newfoundland
offshore in a dory, often with his brother or his cousin. Mr. with her music degree and started to teach. The couple be-
Thornhill’s life was chronicled by author Raoul Andersen came acquainted at a church dance, a chaperoned affair
in Voyage to the Grand Banks, the Saga of Arch Thornhill. Mr. designed to allow young people to get to know each other.
Thornhill was quoted in the book saying that in the early “I started dating him when he was going to Memorial
1920s he made just $300 one year. But he was determined University and I was teaching at Prince of Wales,” she said.
to succeed. She loved teaching even though not all of her students
“I never gave up once in my life,” he said. He said that as were born to music.
a young man he fished in a dory for 72 hours straight with- Mrs. Steele left teaching soon after they married when
out sleep. That determination passed down to his chil- her husband was transferred to England. She loved living
dren: Catherine, whose business acumen helped build a there. It was a few postings later, in Gander, when at the
fortune; and her brother, Roland Thornhill, a successful age of 45, he gave up the navy and went into business full
stockbroker who once served as deputy premier of Nova time.
Scotia. “I was very happy about that because I loved business. I
When Catherine was 10, her father surprised her with a like people. I loved the hotel business and working with
piano that he bought with a load of fish he landed from the the staff because I was learning as they were learning,” she
Grand Banks. She took piano lessons and decided she said.
wanted to be a music teacher. Mrs. Steele leaves her sister, Florence; brother, Roland;
More than one voyage left his family worried; there three sons, Peter, Rob and John; as well as seven grand-
were no radios to call home while the schooner rode out a children and two great-grandchildren.
storm.
“I swore I would never marry anyone who went to sea Special to The Globe and Mail
LAWRENCE DANE
ACTOR, 84
son, Que., now part of Gatineau, his per- He also worked behind the camera, co-
forming career took shape on the small writing and directing the 1984 drama
screen. Heavenly Bodies, a Toronto-shot film that
His earliest parts were on R.C.M.P., a revolves around the dancercize fad of the
1959 CBC drama about the Royal Canadian time.
Mounted Police, and 1960s family series By the 1990s, Mr. Dane was appearing in
The Forest Rangers. recurring parts on Street Legal as Judge Ap-
Eventually, he began working in Holly- pleby, The Red Green Show and Queer as
wood with guest-starring roles on 1960s Folk as the father of one of the main char-
network TV series Mission: Impossible, The acters.
Mod Squad and The F.B.I. – in all three In a self-written obituary, Mr. Dane
cases playing different characters on dif- credited his fellow Canadian actors for
ferent seasons, a common practice at the blazing trails outside the country that he
time. rode in his own career.
A starring role in Mr. Cronenberg’s 1981 “They made it so much easier for us
cult hit Scanners as Braedon Keller, head newcomers,” he wrote.
of security at weaponry firm ConSec, sent “When we were asked, ‘Where are you
Mr. Dane’s career to new heights. from?’ we proudly proclaimed that we
For the rest of the decade, he turned up were from Canada. The doors opened
in an array of Canadian movies of the tax- wide.”
shelter era, including one-by-one slasher Mr. Dane leaves his wife, Laurel, and ex-
Happy Birthday to Me, rat-infestation thrill- tended family.
er Of Unknown Origin and monster truck
rape-revenge story Rolling Vengeance. THE CANADIAN PRESS
To submit an I Remember: obit@globeandmail.com
Please include I Remember in the subject field
 OT TAWA/ Q U E B EC E D I T I O N ■ FRIDAY , M ARCH 2 5, 2022 ■ G LO B E A N D M A I L . CO M

MORE IN THE MIDDLE

Renovation of a suburban bungalow by Toronto’s Studio Lau creates a modern, open space
by adding a second storey and vaulted ceiling at the centre of the house H2

This house owned by David and Sharyn Yeatman near Brooklin, Ont., was originally
built in the 1980s, with the redesign process beginning in 2019. NANNE SPRINGER

ON THE MARKET N E X T M OV E HOME OF THE WEEK

A look at what sort of home A rise in supply in Toronto has left some Condo in downtown Toronto
you can get for $2-million sellers frustrated that they aren’t getting offers unobstructed views
in five different Canadian cities H4 the windfalls they expected H5 in an expanded footprint H6







 


 
 ' 
 ' (' 
'
 


$'
 
( 
!" ')
)
( "
'% '
' '
(  )
 &  )   &   &



)'  &


&

 '& "
'  "' '

'( "'"'%
' % ' (''
(

  ''& '& ' '  & 
&' % 
"'&
'&' "' "
')' 
"''  ' " 
'

  
 # '
'
 

    

  

 

  
 
   


  
 


  





  
   

        

 
 
  
         

  

    


 
  


   % #$$   
 # "  &# &%& "" $ &# # #   "##
#! &# "##
# ### &# %&   "$  &%#
! 
#$ ! $## "
# &   # #  # #" & # #  ##  &# "##
#  # "# 
 "#  " # #


 # " # #"  &# ###
 ###! $

#"! "   #"

  & %&  &# "##
#
## ## &#
 $  #    $ #    "#  
&#  ! #"#%!
&   " #% #
 "#" #    #
  " # #"#" 
 %## #$### !    # ##" 
! " # #  &%# & 
   # ##  # $ &# &#
$ # $$  #$### &#   ## # $ &#    "% $    
 "# "#  " &# "# ## #$#  " # ## $  
#$ $$#% "#  
H2 | REAL ESTATE
The living area in this house near Brooklin, Ont., was given a clerestory window above glass doors that open onto a covered porch. PHOTOS BY NANNE SPRINGER
A place where the kids can run free
A brick bungalow
in small-town Ontario
gets an ambitious
modern overhaul, with
lessons for the whole
family in the process
CAROLYN IRELAND TORONTO
F
ive years ago, David and Sha-
ryn Yeatman began keeping
an eye on the real estate
market near Brooklin, Ont.,
where they hoped to find a prop-
erty close to the rolling hills and
river valleys of the protected Oak
Ridges Moraine.
At the time, the Yeatmans
were raising their four young
daughters in an unremarkable
suburban house east of Toronto.
On weekends, they headed to
their cottage.
“When we were there, the kids
ran free,” Ms. Yeatman says. “We
were motivated to find a place
where they could do that every
day.”
Their search led them to a
1980s bungalow on a large,
wooded lot bordered by a
stream.
“I knew that this was the street
we wanted to live on,” says Mr.
Yeatman, who kept in touch with
real estate agents in the area.
When he learned of homeowners
who were interested in selling
privately, he quickly put together
an offer.
“It’s something that you need
to be educated on and you have
to be ready to move in an in-
stant,” he says.
The brick bungalow was well-
built, but the rooms felt cramped
and closed-off from the out-
doors. The Yeatmans’ first prior-
ity was to open up the the views
from the interior to the beautiful,
mature trees that surround the
house.
“We bought it for the property
without question,” Mr. Yeatman
says.
The two were not hesitant to
take on a renovation – especially
with an architect in the family.
Mr. Yeatman’s sister, Andrea
Yeatman, is a senior associate at
Toronto-based Studio Lau. She
and principal Winda Lau began
the design process in September,
2019.
“I think we knew we could
make something great,” Ms. Lau
says of their first impression up-
on visiting the site.
The focus for the architects
was to provide a modern, bright
home with lots of open space for
the family. The living and enter-
taining areas would be offset by
more intimate and personal
spaces for their daily activities.
Studio Lau presented a myriad
of options ranging from a light
reno to a complete rebuild. The
Yeatmans favoured a plan that
would add a second storey to the
original bungalow and push up
the centre of the house to a vault-
ed ceiling.
To start, the architects led the
couple through the labyrinth of
A secret door, hidden by a wallpaper mural, connects two of the daughters’ rooms.
acquiring permits and ensuring
they stay within rules that safe-
guard the water supply and nat-
ural flood plain.
As the process moved along
through late 2019 and early 2020,
the world became aware of CO-
VID-19. Within a few months, the
pandemic was upending the
work and home lives of everyone
involved in the project.
At the time, global supply
chains broke down and lumber
prices soared. Many skilled
trades were off the job and those
who remained were in high de-
mand.
“That summer, we weren’t
sure if we should proceed or not.
It was a bit unnerving,” Ms. Yeat-
man says.
In the early fall, the Yeatmans
decided to press ahead and begin
construction. They moved into a
rental townhouse nearby and ad-
justed to life during a pandemic.
The backyard of the new prop-
erty soon became a retreat where
the girls, ages 12, 10, 8 and 5,
could run after the family’s
Labrador retriever.
“During COVID, we couldn’t go
to parks so we came here,” Ms.
Yeatman says.
As construction wrapped up,
the family moved in just in time
for the school year to start in
2021.
Today, residents and guests ar-
rive to a contemporary building
that picks up on the architectural
language of the existing bunga-
low.
“We were keeping either end
of the house and adding in the
middle,” Ms. Lau says. “It was not
just an addition plunked on top.”
Wide steps lead to the front
O T H E G LO B E A N D M A I L
door framed in black metal, with
a simple canopy above for pro-
tection from the elements.
Inside, the entryway is divided
from the main living areas by
slats of white oak. The wood adds
warmth, while allowing glimpses
into the living area beyond.
“We see this as a more intim-
ate moment before we enter the
grand space,” Ms. Lau says.
The soaring space inside pro-
vides lots of room for family
members to gather for relaxing,
entertaining and dining.
At one end stands the kitchen,
which is central to life for a large
family. The architects made it
beautiful with cabinets painted
in a deep French blue, and conge-
nial with a substantial island and
six comfortable chairs.
“We do fill these chairs,” Ms.
Yeatman says of the family
| F R I DAY , M A RC H 2 5 , 2 0 2 2
breakfast line-up.
The kitchen transitions into
the dining area, with views into
the garden. In the living area, a
clerestory window sits above
glass doors that slide away to
open the indoors to a covered
porch.
The large outdoor living space
gives the family lots of room to
lounge and dine in milder
weather.
Beyond the kitchen, the archi-
tects dealt with the more practi-
cal aspects of family life by relo-
cating the mud room and adding
a powder room. Now, the area
provides lots of built-in cubbies
and shelves for the girls.
The staircase to the second
floor, with white oak treads and
glass rails, creates a separation
between the main living area and
the music room, where the older
girls practise for their piano les-
sons.
A cozy window seat overlook-
ing the front yard provides a
quiet place to read.
“The light comes through
from both sides,” architect An-
drea Yeatman points out.
The newly built second floor
provides privacy and tranquility.
Mr. Yeatman, who had long
been accustomed to commuting
by rail to his office at King and
Bay Streets in Toronto’s financial
district, became one of the le-
gions of employees working
from home during the pandemic.
In the original plan, his home
office would remain open to the
surrounding areas of the second
floor. Later, Mr. Yeatman decided
he would prefer an enclosed
space away from the whirl of dai-
ly activities.
“That was one of my last-min-
ute changes,” he says.
Mr. Yeatman adds that he
threw the architects another
curveball when he came up with
the idea of adding a window to
the loft that overlooks the kitch-
en and living area.
“The wall was framed already,”
Ms. Lau says.
The architects had also care-
fully designed the façade, and an
additional opening in the exte-
rior wall could throw off the bal-
ance. They always aim to remain
nimble, however, so they drew
up some options, and now a nar-
row, horizontal cut-out provides
a view of the greenery outside.
The Yeatmans have so far
managed to keep the loft as a
“no-electronics zone” where the
girls can read or work on a jigsaw
puzzle.
“It’s quiet and removed, but
you can still see what’s happen-
ing,” Ms. Yeatman says.
The architects turned the rest
of the second-floor addition into
a haven for the parents.
In the bedroom, a wall-to-wall
window faces the canopy of
trees. An ensuite bathroom has a
luxurious open shower, stand-
alone tub and modern mosaic
tile.
The girls have taken over the
bungalow’s original primary
suite on the main floor. Ms. Lau
and Ms. Yeatman reconfigured
the space into four bedrooms
F R I DAY, MA RC H 2 5 , 2 0 2 2
The second floor features a music room where the older sisters can practise piano alongside a cozy window seat that overlooks the front yard.
and two bathrooms for the sis-
ters.
The parents agreed that each
girl should have the chance to ex-
press her own identity, with the
architects guiding the sisters
through the process of selecting
their favourite colour palette and
wallpaper.
Bathrooms were designed to
be fun but not childish. One has
tile in a striking black-and-white
pattern that stands out against
muted pink walls.
A second bathroom was
brightened with the colour of
sunshine. “We picked this gor-
geous yellow tile and made a fea-
ture of it,” Ms. Lau says.
Choosing tiles and textiles also
proved to be a bright spot for the
family amidst the stress of reno-
vating.
“It was so amazing when they
came to us with the renderings
and everything was so different
and fun,” Ms. Yeatman says. “We
clung to that.”
The architects wondered if the
youngest member of the family
would enjoy having a secret door
connecting her room to her sis-
ter’s. Both girls were keen on the
idea, and now the tiny doorway,
hidden by a wallpaper mural, is
one of the features that makes
their space unique.
Throughout the year-long con-
struction process, Mr. Yeatman
says, he relied on the architects
for advice when the contractors
asked him to choose between
various options.
“You have great visions of
what you can build with no idea
of cost,” Mr. Yeatman says. “It’s
not like going to a store and being
able to see what you’re purchas-
ing.”
The architects are experienced
in taking homeowners through
the options and explaining the
costs and benefits of the many
decisions that contractors ask for
along the way, Ms. Lau says.
By the time the work was fin-
ished, the initial budget of
around $1-million had been sur-
passed by about 40 per cent.
Mr. Yeatman says that’s a com-

mon outcome that adds to the
tension during a renovation, but
| T H E G LO B E A N D M A I L O R E A L ES TAT E | H3
costs were a good investment.
One of the challenges of build-
ing during a health emergency
that fuelled a concomitant run-
up in real estate was that trades-
people raised their prices along
the way.
The couple also saw their lum-
ber budget soar.
“There were price increases in
places where we didn’t expect
them,” Ms. Lau says. “There have
been a lot of curveballs through-
out the pandemic.”
Sharyn Yeatman says that se-
lecting items from faucets to light
fixtures was a challenge because
the couple could only shop for
them online.
She made one of her biggest
leaps when she purchased a
modern chandelier that hangs
from the vaulted ceiling of the
living area.
“If you can’t see it in person,
everything is a risk,” she says.
“It’s not like you can bring it
back.”
Once the fixture arrived, Ms.
Yeatman stayed with the electri-
cian as they placed every cube.
Ms. Lau adds that modern ar-
chitecture does not allow for the
type of small slips that can be
covered up by trim and embel-
lishments.
“We’re more contemporary, Maris Estates
and that takes a very particular
type of skill – the more minimal
it is, the more difficult it is,” she
says.
As things fell into place and
the family settled in, Ms. Yeat-
Private Oceanfront
man realized the renovation also
served as a lesson in parenting:
At times, the children were ques-
tioning the disruption in their
Lots on Canada’s
lives.
“There’s a lot of stress that
goes with doing this, and they
West Coast
could sense that,” she says. “They
didn’t understand that we were uniqueproperties.ca/properties/maris-estates
improving things. When we
moved back in, they saw it made
sense.”
Now the girls enjoy taking
friends on tours of their new Colliers International
home: Their parents hear them Mark Lester
repeating phrases they’ve    
learned from the architects.    
Ms. Yeatman says that through
the lengthy project, the girls have
  
he is able to see in the finished gained a valuable lesson: “They

 
house that many of the added learned, ‘You can trust us.’ ”
H4 ON THE MARKET O T H E G LO B E A N D M A I L | F R I DAY , M A RC H 2 5 , 2 0 2 2

What $2-million will get you across Canada

The average house price
in one city can be
the top end of the
market in another

SHANE DINGMAN
REAL ESTATE REPORTER
TORONTO

I
n February, real estate in the
city of Toronto broke another
record on price appreciation
when the price of the average de-
tached home reached $2-million
for the first time.
Toronto has seen multimil-
lion-dollar homes selling by the
handful in recent years and there This Vancouver house at 1795 E 34th Ave. had a listing price of $1,999,988, but sold for significantly more. PHOTOS BY STILHAVN REAL ESTATE SERVICES
are some entire neighbourhoods
where $2-million won’t buy you
much, but for the average of a de-
tached home to get there was a
new thing, a psychological barrier
broken. It wasn’t that long ago
that the average resale price for
all homes (including apartments,
semis and townhouses) crossed
the million-dollar mark, which
set off a wave of affordability
hand-wringing.
So what exactly is $2-million
worth today? Here are five exam-
ples of homes listed for $2-mil-
lion across the country.

VANCOUVER

In Calgary, this modern split-level home at 72 Patterson Cres. has a listing price of $2.075-million. PHOTOS BY CENTURY 21 BRAVO
In February and (so far in) March
of 2022, about 20 detached homes
have sold in Vancouver around
the $2-million mark according to
Douglas Gibson, associate realtor
with Stilhavn Real Estate Serv-
ices. Across the greater Vancouv-
er region, the average price of a
detached home is $2,288,072 – so
if you’re below the average, some
of those homes are not going to
be showpieces.
“I’m looking at these houses
and, holy moley, you’re not super
stoked. Those are not amazing
homes,” Mr. Gibson said. Often-
times, the actual house is signif-
icantly less valuable than the land
it sits on. Many of the $2-million
homes are some version of the
Vancouver Special, where the
owner might live in 1,100 square This house at 17 Ferrier Ave., near Pape and Danforth Avenues in Toronto, is listed for $1,949,900. PHOTOS BY KELLER WILLIAMS REFERRED REALTY
feet while a renter lives in a simi-
lar size unit on the ground floor
or in a basement suite.
Mr. Gibson recently listed a
charming house – built in 1931 but
recently given a high-end renova-
tion, complete with a basement
income unit – on a corner lot at
1795 E 34th Ave. for $1,999,988.
The house ended up selling sig-
nificantly over asking, but Mr.
Gibson would not reveal the final
purchase price, as the deal was
still in probate.
“It’s in the middle of East Van-
couver,” an area he said had a
rough and “edgy” reputation in
the 1980s but these days is “hip
and historic.”

This house at 428 Walpole Ave. in the Town of Mont Royal, an inner Montreal suburb, is listed for $2.095-million. PHOTOS BY LACASSE SHAPCOTT TEAM
CALGARY

With dark stucco and stained

wood exterior elements, 72 Pat-
terson Cres. looks like a fairly
standard modern suburban split-
level home. Inside is something
else entirely.
Fully renovated in 2017 with in-
terior design by one of the city’s
top firms, Cridland Associates,
the main room of the 6,000-
square-foot house is an atrium
that opens to a second-level mez-
zanine balcony that showcases an
enormous mural by the late local
artist Jason Gogo.
“This house is very high end
and very custom: Not everybody
wants an apple-red kitchen,” said
Lisa Atkins, sales representative
with Century 21 Bravo Realty.
With a list price of $2.075-million,
she is pushing the expectations
for the neighbourhood: “This
house is definitely the jewel
amongst them. … If we took that
house and moved it to a more af-
fluent neighbourhood [it] would
be over $3-million and it would
probably sell in 12 hours with
multiple bids.”
In February, the average selling
price for detached homes in the
city of Calgary hit $677,652 (up 15
per cent year over year). That av-
erage draws attention: “Toronto
thinks we’re on sale – we’ve had
clients say, ‘We’ll take these five
houses,’ ” Ms. Atkins said. “You
guys [from Toronto] are really
helping the market.”
TORONTO
There are five houses for sale in
Toronto for more than $20-mil-
lion as of late March, so maybe it’s
a bargain to find something for 10
times less.
Take the two-storey house at 17
This house at 810 Young Ave. in Halifax was listed at $2-million but is now advertised at $2.59-million. PHOTOS BY BRYANT REALTY ATLANTIC
Ferrier Ave. – about a half-block
north of Danforth Avenue near
Pape Avenue – that’s listed for
$1,949,900. Sales representative
Thalia Kiriopoulos with Keller
Williams Referred Realty helped
her investor client purchase the
home in 2017.
“He never lived there; when he
first purchased it it was tenanted,
so he was renting it for a couple
years,” she said, until he gave
those folks their notice and reno-
vated the space top to bottom.
The interior is what you might
call flip-for-sale chic: Light hard-
wood floors, open-concept main
room, all the finishes done in
white or glass. Three bedrooms
upstairs (primary bed with en-
suite bath and front-porch balco-
ny access), two in the basement,
four bathrooms total.
Ms. Kiriopoulos is realistic
about where the heated market
is; she is not holding offers and
doesn’t expect the home to sell
over the asking price. “I think [my
client] was expecting over $2-
million for this house, but it’s not
worth over $2-million,” she said.
“He’ll still make a great profit.”
According to HouseSigma.com
data, the home was bought for
$1.095-million in 2017.
MONTREAL
In the third-most expensive bor-
ough of Montreal, $2-million will
buy you a fixer-upper on a big lot
with room to grow, according to
Kyle Shapcott, broker with Re/
Max Du Cartier.
He is listing 428 Walpole Ave. in
the Town of Mont Royal (a post-
war inner suburb on the Island of
Montreal) for $2.095-million, and
could get more if it had a newer
kitchen and updated bathrooms.
“It’s got the charm of a 1930s
home, rare for the neighbour-
hood … and it’s got all the bones
for somebody to make something
really exceptional of it,” Mr. Shap-
cott said.
At the end of 2021, average
prices for detached homes were
$950,675 on the island. That’s up
14 per cent year over year.
In the Mont-Royal Plateau ar-
ea, detached home prices aver-
aged just under $1.3-million by
the end of 2021.
“You’re looking at about a 10-
to 12-per-cent rise in prices per
year since the pandemic started,”
said Mr. Shapcott, who also said
the bilingual Westmount and
Mont Royal Westmount areas
(the No. 1 and No. 3 most expen-
sive neighourhoods) have seen
faster price growth than the
mainly French Outrement. That,
he says, can be explained in part
by the influence of foreign
buyers, who went from 5 per cent
of home purchasers in Mont Roy-
al prior to 2017 to more than 25
per cent today.
HALIFAX
The closest any sales in Halifax
came to $2-million in February
was a $1.8-million sale, so it takes
a special property to break the $2-
million mark.
That’s what Sandra Bryant,
broker for Bryant Realty Atlantic,
says she has with 810 Young Ave.,
a stately address near Point Pleas-
ant Park.
“You’re on the main street of
Halifax,” Ms. Bryant said. “This
street is made up of established
older homes and extremely
wealthy people. If you went three
or four doors to the right, you’ll
see one of the richest people in
the East Coast; he built a mansion
and he’s into his home for $20-
million.”
Built in 1918, the 5,700-square-
foot, seven-bedroom, five-bath-
room does need some updates,
but a key feature is a spectacular
half-acre lot facing southwest. It
was initially listed at $2-million,
but it’s now advertised at $2.59-
million.
It’s a lot more than the average
Ontario buyer – who Ms. Bryant
said she deals with every day – is
looking to spend, but there are
deals to be had elsewhere.
In February, the Halifax-Dart-
mouth area saw average sale pric-
es reach $634,406 for a detached
home, which is double or more
than every other community in
Nova Scotia except for the Anna-
polis Valley, where prices aver-
aged $393,537 in February.
F R I DAY, MA RC H 2 5 , 2 0 2 2 | T H E G LO B E A N D M A I L O
Fresh supply, rates uptick cools Toronto market
Winter vacations,
March Break meant
some buyers left
the city, realtor says
CAROLYN
IRELAND
NEXT MOVE
TORONTO
T
he Toronto-area real estate
market is cooling in March
after a torrid start to the
year.
Fresh listings have soothed the
“fear of missing out” that per-
meated the market in January.
Some buyers are unnerved by the
unharnessed run in prices as the
Bank of Canada signals that this
month’s interest rate hike may be
the first in a series.
Davelle Morrison, broker with
Bosley Real Estate Ltd., recently
listed three properties in different
neighbourhoods and all three
saw relatively calm action on the
days reserved for reviewing of-
fers.
“That’s a sign to me that things
are changing,” she says of the re-
sponse to distinct types of proper-
ties in a range of prices.
In one case, Ms. Morrison listed
a 1,200-square-foot midtown con-
do with attractive views for an
asking price of $1.5-million. The
unit received one offer and sold
$100,000 below asking.
A condo townhouse in the
Yonge and Eglinton area had 74
showings when it was listed with
an asking price of $699,000, but
only three bidders turned up on
offer night.
The unit sold for $830,000.
In a downtown neighbour-
hood, a three-bedroom fixer-up-
per didn’t attract the attention
she expected despite its popular
location.
The challenge for sellers then
becomes that buyers who have al-
ready taken a cautious approach
sense the slowdown and decide to
wait a little bit longer, she says.
“It’s a shock for sellers when
there’s a sudden shift. It’s a tough
pill to swallow.”
Ms. Morrison says the sellers of
the townhouse were happy with
the outcome but some want to
hold out for more. In some cases
she coaches sellers to “take it and
Laneway home in Little Italy attracts $1.69-million sale price
DONE DEAL
367R Euclid Ave., Toronto
L I T T L E I TA LY
Asking price: $1,289,000
(February, 2022)
Selling price: $1.69-million
(February, 2022)
Previous selling price:
$275,000 (June, 2000)
Taxes: $5,963 (2021)
Days on the market: Eight
Listing agents: Christian Vermast
and Paul Maranger, Sotheby’s
International Realty Canada
THE ACTION This laneway house
near the bustling shops and bis-
tros of College Street drew about
30 visitors with its attractive
modern redesign of a heritage
space.
The former dairy stable was
toured by a variety of house
Well-worn house with no parking, unfinished basement still draws 10 offers
DONE DEAL
19 Condor Ave., Toronto
B L A K E -J O N ES
Asking price: $999,000
(January, 2022)
Selling price: $1,550,001
(January, 2022)
Previous selling price: $215,000
(August, 1994)
Taxes: $4,803 (2021)
Days on the market: Seven
Listing agent: Bill Thom, Re/Max
Realtron Realty Inc.
THE ACTION Agent Bill Thom said
he lost count of the number of
buyers who visited this well-
worn three-bedroom detached
house near the TTC’s Greenwood
maintenance yard, but 10 of
those visitors returned with pur-
chase offers. The accepted offer
went $551,001 over the asking
price.
“At the time of the sale, which
was early January, there were not
many listings,” Mr. Thom said.
Sellers who saw big numbers in January are in for a bit of a shock, as some Toronto homes aren’t attracting
the number of bidders and the sale prices seen earlier in the year. FRED LUM/THE GLOBE AND MAIL
run” when they feel a bit deflated
on offer night.
As for buyers, Ms. Morrison is
advising any who moved to the
sidelines to take a look at the new
supply of listings now that some
of the madness has subsided.
“I know I’m going to be con-
tacting all of my buyer clients and
saying, ‘now is your opportunity –
get out there.’”
Shane Little, a real estate agent
with Re/Max Hallmark Richards
Group Realty, says the east end –
one of the hottest areas of the city
at the start of 2022 – is noticeably
slower in March.
One sector in particular stands
out: Buyers have become wary of
the wild bidding melees that pro-
pelled prices for three-bedroom,
semi-detached houses in such
neighbourhoods such as River-
dale, Leslieville and Riverside, he
notes.
Today some buyers are pur-
chasing comparable semis in
those pockets for $1.5-million or
$1.55-million, compared with the
$1.7-million some buyers paid in
order to beat their rivals in Janu-
ary, he says.
Mr. Little says he doesn’t view
the shift so much as today’s
buyers negotiating a deal as pan-
icked bidders paying more than
they should have in the opening
weeks of the year.
hunters, including a couple of
Florida retirees looking for a
Toronto pied-à-terre and local
first-time buyers looking for
Mr. Little crunched the num-
bers in the swathe between the
Don Valley Parkway and Victoria
Park Avenue, bound by O’Connor
Drive to the north and Lake Onta-
rio to the south. He found that 31
properties failed to sell on the
scheduled offer night from mid-
February to the middle of March.
That’s three times the number
in the 30-day period from mid-Ja-
nuary to mid-February, he notes.
With total inventory in the area
swelling by 61 in March from Feb-
ruary, the sample size was larger,
he points out, but the percentage
of homes that missed on offer
night shot up by 310 per cent.
“We were flooded with product
in February and March,” he says.
While listings were on the rise,
he says, many buyers left the city
for winter vacations and March
Break.
At the same time, the percep-
tion that interest rate increases
will cool the market becomes a
self-fulfilling prophecy, he says, as
buyers moved to the sidelines.
Homeowners, meanwhile,
have exceedingly high expecta-
tions if they list their property for
sale.
“Sellers might be a little bit
greedy right now,” Mr. Little says.
Properties that might have re-
ceived 14 offers at the start of the
year would more likely receive
open space.
Within a week, a dozen offers
landed, all willing to at least
meet the $1.289-million sticker
two or three today.
“It’s not that it’s crickets – it’s
just a more balanced market.”
Mr. Little points to an offer
night in March when an agent in
his office represented buyers who
bid on an east-end house in the
$1.5-million range.
The sellers received three of-
fers but rejected all of them.
“The sellers still had that num-
ber in their heads and they
couldn’t wrap their heads around
taking less.”
Elise Stern, broker with Harvey
Kalles Real Estate Ltd., says she
still sees plenty of first-time,
move-up and investor buyers
who are out looking, but an in-
crease in supply has taken some
of the pressure out of the market.
Ms. Stern adds that the activity
depends very much on the micro-
market as well.
For example, she points to a de-
tached house that she listed in
coveted Forest Hill North with an
asking price of $2.99-million. The
house, with a 1970s kitchen and
bathrooms, sold for $3.458-mil-
lion.
Ms. Stern does not expect the
recent uptick in interest rates to
hold back buyers for now because
many have preapproved mort-
gages.
She has noticed, however, a
rush to close deals because preap-
price. But one bid surpassed all
others at $1.69-million, or
$401,000 over asking.
“We knew it was a unique
property and it would get a lot of
attention … but did we know it
would get that much attention?
No,” agent Christian Vermast
said.
“There are more and more
laneway homes coming up,
but very few are in prime
Little Italy and very few are du-
plexes.”
WHAT THEY GOT This yellow brick
building on an 18-foot-by-64-foot
lot was built in 1890 to accom-
modate horses transporting milk
for Coopers Canadian Dairy.
In 2015, veteran actor Chris-
topher Heyerdahl hired the
architectural firm Sustainable
T.O. to redesign the interior with
two modern units, leaving origi-
nal details intact.
“This area is definitely very
hot right now because it’s still
one of very few pockets in down-
town that is still affordable.”
WHAT THEY GOT Aside from a new-
er gas furnace, this three-bed-
room house has not been updat-
ed for several decades.
There is an eat-in kitchen and
separate living and dining areas
with hardwood floors. The
home’s only bathroom is up-
stairs, alongside the primary
bedroom. The basement is unfin-
ished and the 25-foot-by-106-foot
lot does not include a parking
space.
THE AGENT’S TAKE “[In this neigh-
bourhood] you have 18-foot and
25-foot lots for detached houses,
and there are some semis sprin-
kled all over the place,” Mr.
Thom said.
“So, this is one of the few [de-
tached] models in that area on a
25-foot lot.”
The house does have some po-
tential for a future rental unit,
R E A L ES TAT E | H5
proved mortgages typically lock
in an interest rate for 90 days.
In some cases, clients have
bought a property but the closing
is set for several days after the
preapproval guarantee expires.
“The new number is signifi-
cantly higher,” she says of the im-
pact of an increase in rates.
Ms. Stern says she has repre-
sented buyers who ask the seller
to move up the closing and move-
in date by a few days. In some
cases the sellers agree but at other
times they have the closing on
their own new property to con-
sider or it’s inconvenient to move
out a few days earlier.
She adds that sellers have no
obligation to change the closing
date that was agreed to when the
deal was signed but some are will-
ing to do so out of kindness.
“Of course you’re asking the
sellers to be sensitive,” she says.
“You’re all working together.”
Ms. Stern says the negotiations
can also include issues such as
who pays the insurance and the
utilities for those few days.
“If you have experience, there
are creative ways of doing things,”
she says. “You have to be sure that
you get it right.”
Kyle Dahms, economist with
National Bank of Canada, notes
that national home prices have
rose for the 20th consecutive
month in February and the recent
momentum has been robust.
Mr. Dahms believes that some
of those recent buyers had locked
in a low interest rate and wanted
to exercise that option in antici-
pation of higher rates to come.
The economist points out that
the wave of buying may weaken
with tighter monetary policy but
high immigration quotas should
allow for a soft landing.
Mr. Little of Re/Max does not
believe the market has entered a
prolonged downturn; he figures
the pace will pick up again when
buyers return with renewed ener-
gy from their March break vaca-
tions. Such a pause is typical in
the spring when inventory swells,
he adds.
“I just think we’re in a bit of a
lull right now.”
He adds that homeowners who
are not intent on beating the re-
cord-setting, one-off deal that
took place down the street in Ja-
nuary or February will not have to
worry about finding a buyer.
“If they’re motivated sellers,
they will sell.”
Brick walls are exposed in
the foyer leading into a one-bed-
room unit with open entertain-
ing and cooking quarters.
In the owner’s suite – entered
via a side door – a main-floor of-
fice displays rich, beamed ceil-
ings and new bamboo floors and
stair treads to the second floor.
That level provides two bed-
rooms, an open living room and
a raised kitchen with skylights.
Directly above is a 325-square-
foot deck.
THE AGENT’S TAKE “Although it was
renovated, it kept a few historic
elements that made it more in-
teresting,” Mr. Vermast said.
“I loved the fact it was at
the end of a lane, sheltered by a
condo building and literally
50 steps to College Street, but
I also loved the rooftop deck. It
was a very fabulous, sexy rooftop
deck.”
Mr. Thom said. “The house is not
in the best of shape, but it has a
separate walk-up basement.”
“In East York or downtown, if
you have a separate entrance,
there’s potential for income if
they finished the basement. So,
that was a selling feature.”
– SYDNIA YU
LOTS, ACREAGE
SHAD 15.7 Acres Oceanfront
in Nova Scotia
BAY
15.7 Acres, 1,214’ oceanfront, southeast views, gated
community, nicely treed, gradual slope to water, an-
chorage, road & power, golf course 5 min. away, approx.
20 min. to Halifax; $ 575,000.00 + tax if applicable;
Alex: 902-779-2600 • jhartling@ns.sympatico.ca
shoresideproperties.ca
H6 HOME OF THE WEEK O T H E G LO B E A N D M A I L | F R I DAY , M A RC H 2 5 , 2 0 2 2

This condo unit on the third floor at 133 Hazelton Ave. is around 2,100 square feet and has a terrace that runs the full length of the suite. PHOTOS BY JORDAN PRUSSKY PHOTOGRAPHY

A Yorkville space
built to order
Condo bought with plans still on the
drawing board allowed for custom design

CAROLYN IRELAND TORONTO One such development was a boutique

building near the intersection of Avenue
and Davenport roads.
133 Hazelton Ave., No. 305 Mr. Gould liked the location at the top
TO R O N TO end of Hazelton Avenue, with establish-
ments from grocery stores to cinemas
Asking Price: $4,695,000 within walking distance.
Taxes: $13,698 (2021) The art deco-style building would over-
Monthly maintenance fee: $3,826 look a streetscape of Victorian-era houses.
Agent: Paul Johnston, Right at Home Realty The couple would be travelling during
Inc. the week the sales centre opened, so Mr.
Gould arranged a preview a few days be-
fore.
THE BACKSTORY The plans were still on the drawing
board and the developer was willing to be
Jay and Jan Gould were living in the heri- flexible.
tage enclave of Rosedale when they began “It was an opportunity to go and design
to contemplate moving to a condominium our own space, which is not often the case
about 10 years ago. in the condo world,” Mr. Gould says. “That
Mr. Gould is an entrepre- was a big part of the appeal to “Jan called it ‘Jay’s condo’ for the longest says.
neur who founded the Cul- us.” time,” Mr. Gould says with a chuckle. “In “We bought it on paper so we had lots of
tures chain of restaurants As the first buyers in the talking Jan into moving to a condo, we time to work our plans through,” Mr.
with his brother in the 1970s door, they were able to wanted to make it as house-like as possi- Gould says.
and brought New York Fries It was an choose a corner unit on the ble.” Mr. Gould met several times with the
to Canada in the 1980s. He third floor. To achieve that residential feel, the cou- projects architects, Toronto-based Page +
sold his more recent venture,
opportunity to go “We’ll take this unit if we ple chose a unit on the third floor with a Steele.
South Street Burger Co., just and design our own can get 500 feet from this south-facing outdoor terrace. One of the major changes the additional
before the pandemic. space, which is not unit and a bit of the one on They also wanted to ensure the view space allowed the Goulds was to rearrange
While he was immersed in often the case in the the other side,” Mr. Gould would not soon be blocked by another the bedrooms into a split plan.
the food business, Mr. Gould says. condo tower. The two bedrooms are at opposite cor-
was also keeping an eye on condo world. That The developer was ame- “Hazelton is historic. They couldn’t ners, which ensures more privacy when
trends in the property mar- was a big part of the nable to the new configura- build in front of us because they’re not al- guests visit.
ket. appeal to us. tion, which expanded the lowed to,” Mr. Gould says. The original second bedroom became
“I’m a bit of a real estate footprint of the unit to ap- the family room and the original location
geek,” Mr. Gould says. “I fol- JAY GOULD proximately 2,100 square of the kitchen is now a home office and bar
ENTREPRENEUR THE HOUSE TODAY
low these things.” feet. area.
The Goulds concentrated Even as they made plans, With those changes, the kitchen moved
their search in the upscale Yorkville area, Ms. Gould had reservations about moving Once they began making design choices, to the centre of the unit.
where new projects were regularly spring- from their Rosedale cottage on a ravine to Ms. Gould grew more enthusiastic about The Goulds favoured a more modern
ing up. a high-rise. the unit under construction, her husband kitchen than the traditional style the
builder was offering, so they worked with
the designer to choose white oak cabine-
try, an indoor barbeque and integrated ap-
pliances.
They also enlarged the foyer and added
built-in closets.
The open plan living and dining areas
provide walk-outs to the terrace and a
west-facing balcony. They are also large
enough to accommodate the large dining
room table and other antiques that the
Goulds brought from their Rosedale home.
The primary bedroom has a walk-in
closet and an ensuite bathroom with dual
vanities, a walk-in shower and a stand-
alone tub.
The second bedroom also has an en-
suite bathroom with walk-in shower.
Mr. Gould says the unit comes with two
parking spaces but he rarely uses the car.
“It’s just a lovely area to walk – and walk
the dog,” he says.
The building’s amenities include 24-
hour concierge, valet parking and a fitness
centre.

THE BEST FEATURE

The terrace runs the full width of the suite

and provides space for lounging, dining
and urban gardening.
A double-sided fireplace warms the liv-
ing room inside and the terrace outside.
Sitting three floors above grade, the ter-
race is at the level of the treetops on Hazel-
ton Avenue, Mr. Gould says.
“We wanted to be in the trees and we
are.”
F R I DAY, MA RC H 2 5 , 2 0 2 2 | T H E G LO B E A N D M A I L O R E A L ES TAT E | H7

The open-plan living and dining

areas offer access to the terrace
and a west-facing balcony.
H8 | REAL ESTATE O T H E G LO B E A N D M A I L | F R I DAY , M A RC H 2 5 , 2 0 2 2

Eager to build but stymied by funding gap

The City of Burnaby says
it has vacant land ready
for affordable housing
– it just can’t get
the money to do it

KERRY
GOLD

OPINION

VANCOUVER

B
urnaby, B.C., would like the
other levels of government
to show them the money.
The city owns five properties
that are “shovel ready” for affor-
dable housing development, but
a shortfall of senior government
funding means the properties are
still sitting vacant.
Now, the city and its non-prof-
it partners are attempting to find
creative new ways to get the
properties developed without
the funding that they’d been
hoping for. In the meantime,
however, they have heard David
Eby, B.C.’s Attorney-General and
minister responsible for housing,
publicly say municipal approvals
are tying up the delivery of hous-
ing amid an affordability crisis.
Burnaby came up with a com-
prehensive strategy to address its
rental-housing shortage after
years of failing to deliver. The
housing on city-owned land
would provide affordable rentals
suitable for young residents early
in their careers, as well as seniors
whose incomes are low. Many se-
niors, for example, have had to
return to the work force, said Ed
Kozak, general manager for plan-
ning and development.
“I’m extremely frustrated,” he
said. “This has been going on for,
I want to say, the better part of
three years. The city has pivoted
from taking a position of being
an advocate, maybe a facilitator
for affordable housing, to being
much more closely associated
with being a direct provider. Al-
though we don’t provide the
units themselves, we are certain-
ly throwing more city-owned
land into it. Council has been
very open to subsidizing it with
cash contributions, and yet still –
with all that movement on the
city’s side – there is an inability to
access federal or provincial pro-
grams that help make it real.”
As for Mr. Eby’s criticisms, he
said: “I can’t comment on the
comments made publicly, other
than to say it’s disheartening be-
cause we have certainly done
everything we could. … It’s not
for a lack of effort.”
Burnaby has come up with a
definition of affordable that is 20
per cent below the Canada Mort-
gage and Housing Corp. median
average for the area, which works
out to be about 50 per cent to 60
per cent of market rents.
But even that rate is beyond
reach for many renters, Mayor
Mike Hurley says.
Housing advocates say the city
The City of Burnaby, B.C., owns five properties that are ‘shovel ready’ for affordable housing development, two lots of which are seen above,
but a shortfall of senior government funding means those properties remain empty. JIMMY JEONG/THE GLOBE AND MAIL
needs senior levels of govern-
ment to step up and provide
proper funding for housing, the
way they used to up until the
mid-1990s. Mr. Hurley took issue
with the Housing Minister calling
out municipal governments for
failing to efficiently deliver affor-
dable housing.
“Maybe they should focus on
what they need to do because we
aren’t the problem here,” he said.
Mr. Hurley says the city has
had many discussions with the
other levels of government and
that it has agreed to service the
sites and enter into partnerships
with non-profit housing provid-
ers. The city’s non-profit housing
partners applied for provincial
funding through BC Housing’s
Community Housing Fund
(CHF), but only one of six sites
was approved for funding.
“We put our [six] properties
through public hearings. We had
the permits all ready to go and it
all fell down at the senior levels
of government,” Mr. Hurley said.
“So it wasn’t our city that slowed
it down – it was the lack of fund-
ing. And they are still sitting
there. They could build tomor-
row. They’ve already been
through all the city processes. I
don’t know which city they are
talking about. It’s certainly not
ours.”
As for federal funding, the
process to acquire the little fund-
ing there has been a quagmire of
bureaucracy.
“They keep announcing all
these billions, but I haven’t seen
people that have been able to
access any of those billions. We
could have had those really im-
portant buildings built by now. If
the city is giving land, the other
two levels of government should
just step up and say, ‘let’s make
this work,’ and get rid of all the
bureaucracy around it all,” Mr.
Hurley said.
“It’s too much and certainly
way too much for non-profits to
keep on top of all the time.”
BC Housing responded in an
e-mail that it has supported the
development of 2,427 units of
affordable housing in Burnaby
since 2017, including 552 homes
in four CHF projects. The agency
received “an overwhelming
number of proposals” from all
over the province in its most re-
cent request for proposals.
“While many were well put to-
gether and worthwhile submis-
sions, the CHF was oversub-
scribed and not all projects could
be approved.”
Funding was given to 2,400
units in the province, of which
579 were in the Lower Mainland
and 129 were in Burnaby. It said
BC Housing is allocating $300-
million for a second round of
CHF funding, part of a $1.9-billion
provincial investment over 10
years through the CHF.
“As part of future calls for CHF
funding proposals, we will reach
out to organizations whose pro-
posals were not approved to
invite them to resubmit,” BC
Housing said.
Burnaby-based Murray Martin
is a spokesman for housing ad-
vocacy group BC Acorn and a
member of the mayor’s housing
task force. His group had cam-
paigned against the demolition
of affordable old rental buildings
in the Metrotown area in 2018.
Today, they are fighting for va-
cancy control to protect the af-
fordable units that remain and
those that get built.
“We can understand Burnaby’s
frustration, and not just Burnaby
but other cities, too. Before 2018,
there was a big problem in Bur-
naby with the city government,
but now, after the election, the
focus is, from our point of view,
on the federal and especially the
provincial government.”
Mr. Martin said the problem is
that government continues to
look to the private sector to solve
the affordability crisis. As a re-
sult, deeply affordable housing
isn’t getting built and rents con-
tinue to rise.
“They are still pursuing the
same policies, thinking it’s going
to work when it’s obvious that
this market-oriented approach –
depending on developers to
build these buildings for profit –
isn’t going to get you out of it.”
Luke Harrison, president of
Catalyst Community Develop-
ments Society, has partnered
with Burnaby on two of the city-
owned sites. Once funding is ob-
tained, his organization would
enter into a lease agreement with
the city and build the housing.
Mr. Harrison said they were
large projects, both requiring
north of $50-million in funding.
They are now trying to obtain
federal CMHC funds in order to
begin construction on the Burna-
by projects by the end of the year.
If they can’t get federal funding,
they would probably have to
look at market lending, which
would erode the affordability.
The organization has seven
projects in development, and
two of them obtained CHF fund-
ing. Mr. Harrison, who previously
worked in banking and for pri-
vate development, said CHF
funds are limited, so Catalyst
doesn’t put all its eggs in one
basket.
“My concern is there is likely
never going to be enough public
dollars to invest in housing at the
supply levels that we need. What
I believe is an opportunity that
needs to be considered more is
these public-private partner-
ships. How do we use public dol-
lars to unlock more private dol-
lars, whether those are institu-
tional funds, union funds and
pension funds that are investing
into affordable housing in other
parts of the world? How do we
get them into the Canadian
market?”
Mr. Kozak says there is a lot
more that can be done to gener-
ate affordable housing outside
private market-rate develop-
ment. The constant narrative,
that a glut of market-rate supply
will eventually create trickle-
down housing that is affordable,
isn’t what he is seeing play out.
“We know those units don’t al-
ways go to the people that need
them, and that ‘trickle down’
doesn’t always work as intended.
I’ve been doing this for close to 25
years, and I haven’t seen a mo-
ment in time that the housing
market took a dip, save, for ex-
ample, there being other exter-
nal factors that caused it, like a
recession or credit crunch. It’s
never been because there is an
oversupply of housing.”

Ron Thom original needs a little TLC

DONE DEAL

5405 Greentree Rd.,

West Vancouver, B.C.
CAULFIELD

Asking price: $1.798-million

(Nov. 9, 2021)
Selling price: $1.81-million
(Nov. 16, 2021)
Days on market: Seven
Taxes: $4,990 (2022)
Listing agent: Trent Rodney,
West Coast Modern

THE ACTION Listing agent Trent

Rodney has a large database of
buyers looking for mid-century
homes. He held 48 private tours
after listing the house and re-
ceived three offers. The buyers –
who made the offer after a rel-
ative viewed the house for them –
are a young family. The deal com-
pleted in February.

WHAT THEY GOT Legendary West

Coast modernist architect Ron
Thom built this 2,076-square-foot
house on the 12,633-square-foot
treed lot in the Caulfield neigh-
bourhood in 1959. But it needed
love, with the roof leaking into
the living room and only one
(dated) bathroom.
Bedroom carpets were
stained and worn, so they were well as unique wood-plastic com- modern and contemporary Rodney says none of the houses it’s almost mouldy,” said Mr. Rod-
torn out before viewings. The posite flooring, were intact. The homes, says most of the 2,000- he’s sold have been torn down so ney, who goes door to door in
kitchen needs a renovation and seller had lived in the house since plus architectural homes built in far. He estimates the house needs search of architectural houses.
the siding needs repair. But origi- the 1970s. the 1950s and 70s on the north about $500,000 worth of work, “But it can be polished up and
nal features such as the custom- shore have been torn down. To- including new decks and roof. brought back. The new owner is
made lanterns and polished cop- THE AGENT’S TAKE The listing agent, day, there is a strong market for “This house would have been obsessed with it.”
per details on the fireplace, as* who specializes in mid-century the remaining houses, and Mr. torn down for sure. You can see – KERRY GOLD