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INSIDE STELCO: ONE-ON-ONE WITH MEET THE CANADIAN HOW GOOD DEEDS
THE STRATEGY BEHIND THE NEW TIM HORTONS STARTUP THAT CAN BOOST YOUR
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339
BALZAC’S COFFEE ROASTERS
DIANA OLSEN,
PRESIDENT AND FOUNDER
OCTOBER 2019
@WorldAndNews. More
[ FOLIO ]
than 100 editions everyday.
Scheer holds
American
citizenship,
but says he’s
renouncing it
ROBERT FIFE OTTAWA
JANICE DICKSON
UPPER KINGSCLEAR, N.B.
H
e was a shaggy, undersized horse slaughtered for dog food and hides, animals are basically keeping the island in ments for their children in a mat-
with no name who preferred the prompted a national letter-writing cam- this desert state.” ter of days.
company of reindeer, the last of paign from schoolchildren. Horses first arrived on Sable Island in The three largest boards – the
his wild line to know fences, en- By 1960, then-prime minister John Die- the 1750s, after they were seized from Aca- Toronto District School Board,
closures or humans. fenbaker bowed to public pressure and put dian settlers on the mainland by the Brit- the Peel District School Board
The only remaining Sable Island horse the feral animals under federal protection. ish. Over the decades, other horses were in- and the York Region District
in captivity was euthanized this week by In addition, he sent a small herd as a gift to troduced to the population, intended to be School Board – told families on
veterinarians at Shubenacadie Wildlife three wildlife sanctuaries on the mainland used as working animals for the island’s Thursday that they would not be
Park north of Halifax, triggering a renewed so that people in the province could see farms. While the humans and other live- able to operate their schools
debate about what to do with the 400 or so the animals without travelling to Sable Is- stock long ago vanished, the horses sur- safely in the event of a strike.
feral horses that still live on a remote spit land. This gift included the grandparents vived and learned to adapt to the island’s Other boards, including those in
of sand some 300 kilometres off the coast of the horse who died this week. harsh conditions. Peterborough, the Ottawa Ca-
of Nova Scotia. Today, there’s still not agreement about HORSE, A17 tholic school board, the Waterloo
Catholic board and the Toronto
Catholic board, said they would
shutter Monday if there was
ART strike action by the Canadian
FILM FRIDAY Banksy work Union of Public Employees
(CUPE), which represents custo-
depicting British MPs dians, secretaries and education-
No kidding, as chimpanzees sells al-support workers.
Whether child-care programs
for record price A2
it’s mediocre would operate during a strike va-
ries by board. Some boards said
they would cancel programs op-
Barry Hertz doesn’t EL ECTIO N 2019 erated on school property if a
understand all the Bloc twice urges Que- strike occurs. The TDSB, howev-
internet hype over beckers to elect MPs
er, says child-care centres located
in its schools would be permitted
The Joker A14 ‘who resemble you’ A3 to remain open, but that oper-
ating hours would be adjusted.
NIKO TAVERNISE/WARNER BROS. STRIKE, A7
(HDFFC|00005W /t.z
BARRY HERTZ . . . . . . . . . . . . . . . . . . . . . . . . . . . A14 OPINION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . A13 GLOBE INVESTOR . . . . . . . . . . . . . . . . . . . . . . . . B10
MON-FRI: $4.00
RITA TRICHUR . . . . . . . . . . . . . . . . . . . . . . . . . . . . B1 LIFE & ARTS . . . . . . . . . . . . . . . . . . . . . . . . . . . . A14 SPORTS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B13 SATURDAY: $6.00
ALEX BENAY . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B4 FIRST PERSON . . . . . . . . . . . . . . . . . . . . . . . . . . A15 COMICS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . B16 PRICES MAY BE
SCOTT BARLOW . . . . . . . . . . . . . . . . . . . . . . . . . B10 WEATHER & PUZZLES . . . . . . . . . . . . . . . . . . . A16 OBITUARIES . . . . . . . . . . . . . . . . . . . . . . . . . . . . B21 HIGHER IN SOME AREAS
A2 O TH E G LO B E AND M AIL | FR IDAY , OC TOB ER 4, 2019
MOMENT IN TIME
OCT. 4, 1927
WORK BEGINS
ON MOUNT RUSHMORE
M
ount Rushmore was conceived as a way development and preservation – took 400 workers
to promote tourism to the Black Hills re- more than 14 years to (partly) complete. The origi-
gion of South Dakota. In the early days, a nal plan was to carve the men from head to waist,
prominent local historian almost suc- but lack of funds effectively cut them off at the neck.
ceeded in winning approval to carve the features of Regardless, the monument is one of the most iconic
American West heroes into the granite face. Howev- symbols of the United States, on par with the Statue
er, the sculptor Gutzon Borglum balked, insisting of Liberty. Even Alfred Hitchcock could not resist its
that 60-foot-tall profiles of four of the country’s allure and he featured Mount Rushmore as a back-
most important presidents – George Washington, drop in his 1959 classic, North by Northwest. Some-
Thomas Jefferson, Theodore Roosevelt and Abra- times called the Shrine of Democracy, the sculpture
ham Lincoln – would have far broader appeal. He represents the first 130 years of the country’s history
was undoubtedly right. The towering images of the and attracts more than 2.5 million visitors each year.
men – who symbolize the country’s birth, growth, GAYLE MacDONALD
[ COLUMNISTS ]
British street artist Banksy’s Devolved Parliament, a 2009 piece seen in London on Sept. 27, measures four
metres long, making it his largest known canvas, according to Sotheby’s. TOLGA AKMEN/AFP VIA GETTY IMAGES
attributes of candidates
Three teens pleaded guilty Thurs-
day in a sexual-assault scandal at
DANIEL LEBLANC an all-boys Catholic school that
PARLIAMENTARY AFFAIRS REPORTER made national headlines last year
and sparked a public conversa-
tion about hazing and bullying.
The Bloc Québécois is calling on Quebeck- The teens, all former students at
ers to vote for candidates “who resemble the prestigious St. Michael’s
you” in the election, prompting NDP Lead- College School in Toronto, each
er Jagmeet Singh to denounce the message pleaded guilty to one count of sex-
as unacceptable and divisive. ual assault with a weapon and one
In his closing statement during Wednes- count of assault with a weapon.
day’s French-language debate, Bloc Leader One of them also pleaded guilty to
Yves-François Blanchet called on voters to making child pornography.
“opt for men and women who resemble Crown attorney Erin McNama-
you, who share your values, who share ra read out an agreed statement of
your concerns and who work for your inter- facts in youth court, saying a
ests, and only for the interests of Quebeck- NDP Leader Jagmeet Singh, seen in Toronto on Oct. 3, says he hopes in 2019 people won’t member of one of the football
ers.” The statement was also posted on the vote for someone based on the way they look. PAUL CHIASSON/THE CANADIAN PRESS teams walked into the locker
Bloc’s Twitter feed. room after practice on Oct. 17,
Mr. Singh regularly faces questions which attracted more than one million the Bloc’s tweet, Mr. Scheer said the party is 2018, and heard a “roar” of team-
about wearing a turban, including in an en- viewers. During the event, he accused Lib- playing on “divisions within the Canadian mates chanting “eh.” The teen
counter with a man in Montreal who urged eral Leader Justin Trudeau and Conserva- population.” tried to run, she said, but “a mob
him this week to take it off and “look like a tive Leader Andrew Scheer of moving too “I believe in finding the common … took him down.” Three teens
Canadian.” slowly on the transition to renewable ground between all different types of Cana- held down their teammate while
“In 2019, I hope people aren’t going to sources of energy. dians, people who have come from differ- another assaulted him. Another
vote based on the way someone looks. The Liberals are fighting back, pointing ent parts of the world, and celebrating boy captured the incident on vid-
They are going to vote for someone based out that as Quebec’s environment minister what unites us,” Mr. Scheer said. eo, which was later deleted at the
on what they believe in, what they care from 2012 to 2014, Mr. Blanchet supported The Bloc is hoping to prove that it can request of the victim, she said.
about and how they are going to make your oil exploration on Anticosti Island. Mr. thrive as a political force on the federal The three teens were originally
life better,” Mr. Singh told reporters on Blanchet said he was unsure at the time stage even if Quebec’s sovereigntist move- charged with sexual assault with a
Thursday. whether the exploration would move to ment has waned at the provincial level. weapon in that incident, but
In an interview on Thursday, Mr. Blan- extraction. He said profits would have been Daniel Béland, the director of the McGill pleaded guilty to the lesser charge
chet said the statement was in no way a ref- invested into the transition to clean energy. Institute for the Study of Canada, said the of assault with a weapon. On Nov.
erence to the physical attributes of candi- At a rally in Montreal, Mr. Trudeau called Bloc is benefiting from two factors: a dissat- 7, a similar incident occurred after
dates or what they wear. He is a staunch de- on Quebeckers to vote on Oct. 21 for a party isfaction with Mr. Trudeau’s Liberal gov- a game, the Crown said.
fender of Quebec’s secularism law that pre- that will put in place measures to bring ernment among progressive voters and en- The Crown also described an
vents some provincial employees from down greenhouse gas emissions. vironmentalists in Quebec, and the Bloc’s earlier incident where one foot-
wearing religious symbols at work. “It takes a government to get it done. An- ability to carry the nationalist message of ball team member entered the
“We have a party platform and those drew Scheer does not want to fight climate the François Legault government on the locker room and heard a “chant of
who recognize themselves in that platform change and the Bloc cannot put in place a federal stage. boys yelling ‘eh!’ ” A group
will vote for us,” he said in an interview. pan-Canadian plan to fight climate “Mr. Blanchet is exploiting the fact that grabbed him and put him on the
“The Conservatives will get the votes of change,” he said. Quebeckers aren’t entirely satisfied with floor. He was then assaulted.
those who resemble them, the Liberals will At a news conference in Kingsclear, N.B., the decisions of the Trudeau government,” Seven students were eventual-
get the votes of those who resemble them, Mr. Scheer pointed out Bloc MPs will neces- Prof. Béland said. ly charged with assault and sexual
and so on. This is a false controversy.” sarily be in opposition after the election, He added that having a provincial gov- assault relating to the three inci-
Mr. Blanchet is the target of political while Conservative MPs would be sitting at ernment that seeks autonomy in areas dents.
attacks after holding his own in Wednesday the “decision-making table” if his party such as immigration and culture is “manna
night’s French-language leaders’ debate, forms the next government. Asked about from heaven” for the Bloc. THE CANADIAN PRESS
A4 | NE WS O THE G LO B E AND M AIL | FR IDAY , OC TOB ER 4, 2019
THE
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Iraqi protesters defy curfew as third day of unrest leaves at least 33 people dead
QASSIM ABDUL-ZAHRA BAGHDAD other job. It is a corrupt govern- erating as scheduled.
ment and we came here to take Baghdad’s main streets were
our rights.” largely deserted Thursday morn-
Anti-government demonstrators Two demonstrators were killed ing, except for Iraqi army vehicles.
defied an around-the-clock cur- Tuesday and at least 17 deaths Some side roads were blocked
few in Baghdad and other cities were reported Wednesday, includ- with barbed wire.
Thursday as Iraqi security forces ing a policeman, in rallies in Nasi- When the demonstrators tried
used live ammunition and tear riyah, Kut and Amara, according to reach a nearby bridge leading
gas during a third day of unrest to security officials. to the Green Zone, Iraqi security
that has left at least 33 people Iraq’s state news agency said forces started shooting automatic
dead, most of them protesters. parliamentary Speaker Mo- rifles above the crowd. They also
Authorities have blocked inter- hammed al-Halbusi invited rep- fired tear gas, according to an AP
net access in much of Iraq since resentatives of the protesters to cameraman.
late Wednesday in a desperate discuss their demands. After dark, dozens of protesters
move to curb the rallies. By Thurs- Iraq’s Foreign Ministry sum- blocked a section of the highway
day afternoon, the curfew was ex- moned Iran’s ambassador, Iraj leading to the airport from Bagh-
tended to three other southern Masjedi, to denounce his threat dad, burning tires and sitting on
provinces. The rallies have been that Tehran would retaliate to a the ground, a police official said.
spurred mostly by youths want- United States attack anywhere in One witness reported intense
ing jobs, improved services such Protesters take over an armoured vehicle before burning it during a the world, including in Iraq. A gunfire, apparently as security
as electricity and water, and an demonstration in Baghdad on Thursday. HADI MIZBAN/ASSOCIATED PRESS ministry statement said Iraqi offi- forces tried to open the road.
end to endemic corruption in the cial Abdul-Karim Hashem told The lanes leading away from
oil-rich country. Most of the dem- widespread use of force against overpowered a soldier in his ar- him U.S. troops are in Iraq at the the airport remained open, the of-
onstrators were peaceful; many protesters in multiple provinces moured vehicle, setting it on fire request of the Iraqi government ficial said.
had their faces covered with demonstrates “that the security and warning other security forces and that Iraq will not accept be- Other protesters stormed mu-
masks or Iraqi flags. forces are overwhelmed by the to stay away from the square. The coming an arena for international nicipal offices in Baghdad’s
The streets of Baghdad were lit- volume and rate of spread” of the protesters then marched toward conflicts. northern suburbs of Taji and Sa-
tered with tear-gas canisters and rallies. the square. There were also fires Mr. Masjedi recently told Iraq’s baa al-Bour and set them ablaze,
empty bullet casings. Smoke from There were indications that the set to parts of government build- Dijlah TV that if the Americans at- according to a police official and a
burned tires rose above the regional tension is at play. Some ings in the southern provinces of tack Iran, Tehran “will strike back health worker, speaking on con-
streets as protesters tried to pre- Baghdad demonstrators blamed Najaf and Dhiqar. At least five pro- anywhere, including [in] Iraq.” dition of anonymity because they
vent security forces from advanc- Iranian-backed groups within the testers were shot and killed Iran urged its citizens to post- were not authorized to brief re-
ing. The forces spread barbed security forces for the violence. Thursday in Zaafaraniya, a south- pone pilgrimages to Shiite holy porters.
wires and armoured vehicles to Media affiliated with the Iranian- ern Baghdad neighbourhood, ac- sites in Iraq amid the turmoil. NetBlocks, which monitors cy-
block their path. backed groups have pointed fin- cording to officials. Iran’s Foreign Ministry expressed bersecurity and internet govern-
“Even with a curfew, we are not gers at the United States and Sau- In the latest deaths, at least six hope the Iraqi government, polit- ance, reported that web access
turning back,” shouted protester di Arabia for the unrest. protesters were shot and killed ical parties and groups would was cut off across much of Iraq.
Abu Qassim. One protester in Baghdad held Thursday in the city of Nasiriyah, help calm the disturbances that it Social-media and messaging
The unrest is the most serious up an empty casing to journalists, about 320 kilometres south of said were being exploited by for- apps, used to organize the pro-
challenge for Prime Minister Adel screaming: “Look! These are Ira- Baghdad, a medical official said. eign elements. tests, also were blocked. Iraqis
Abdul-Mahdi’s year-old govern- nian bullets!” The mostly leaderless protests The Baghdad curfew was an- abroad campaigned on social
ment, which also has been caught In the past three days, at least have been concentrated in Bagh- nounced early Thursday follow- media to spread videos and news
in the middle of increasing U.S.- 20 protesters and one policeman dad and in predominantly Shia ing a meeting on the protests by from inside the country, using the
Iran tensions in the region. Iraq is were killed in four provinces. On areas of southern Iraq, bringing Iraq’s top leaders. hashtag #Save–the–Iraqi-People.
allied with both countries and Thursday, the first death was re- out jobless youths and university Authorities said the curfew was No political party has joined the
plays host to thousands of U.S. ported in Baghdad where one graduates who are suffering un- meant to “protect general peace” campaign so far.
troops, as well as powerful para- protester was killed as the dem- der an economy reeling from graft and protesters from “infiltrators” Politicians denounced the vio-
military forces allied with Iran. onstrators pushed their way to- and mismanagement. who committed attacks against lence and at least one, influential
Middle East expert Jennifer Ca- ward Tahrir Square in the city cen- “I came here to seize back my security forces and public proper- Shia cleric Muqtada al-Sadr,
farella, with the Washington- tre. The square has been off-limits rights,” said Ahmed Abdul-Sattar, ty. It excludes travellers to and called for an investigation.
based Institute for the Study of since Wednesday night just before a protester in his early 20s. “I can’t from the Baghdad airport, and
War, said the immediate and the curfew. Soon after, protesters get a government job or find any Iraqi Airways said flights were op- ASSOCIATED PRESS
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Quebec won’t
appeal court ruling
that struck down
parts of medically
assisted dying law
QUEBEC
From coast to coast, CALGARY CENTRE Mr. Carr’s initial victory was sub-
stantial – nearly 60 per cent, com-
pared with 28 per cent for the
QUEBEC
QUÉBEC
sion built, with Mr. Scheer also said. He said 2015 was unusual for with the dozens of events he’s “Our policies show how well es at Mount Royal University, said
pledging to rip up recently passed the Liberals because Mr. Trudeau held in suburban Toronto-area we’re treating Calgary,” Mr. Hehr it’s a mistake for the party leaders
environmental legislation, repeal actually did spend a significant ridings. said. to ignore a province entirely, even
the carbon tax and build national amount of time in Alberta, al- “Of course he’s taking Alberta He couldn’t say whether Mr. if they don’t believe there are
energy corridors. though he said previous leaders for granted,” he said. “But what Trudeau would be back in Alberta many seats in play. She said it’s al-
However, Duane Bratt, a politi- such as Jean Chrétien and Paul are you supposed to do when the and the party declined to confirm so important if a party wants to
cal science professor at Calgary’s Martin barely made an effort in province is in the bag for one par- the leader’s plans. grow in the future.
Mount Royal University, said the the province. ty? You go where the votes are.” The Conservatives didn’t re- “It’s just being a good demo-
leaders haven’t spent much time Former Conservative prime Kent Hehr, the Liberal incum- spond to a request for comment cratic representative, acknowl-
talking about those issues out- minister Stephen Harper would bent in Calgary Centre, said vot- about their approach to Alberta, edging that there are a number of
side the province. finish his campaigns in his home- ers should consider what the gov- while NDP press secretary Nina people in Alberta that do support
“It’s not just the lack of leaders; town of Calgary but, Dr. Bratt said, erning party has done for Alberta Amrov said the party hadn’t de- you, and a number who could be
the other thing is it’s a lack of at- even his attention was largely fo- – namely purchasing the Trans cided whether Mr. Singh will visit persuaded to support [you],
tention on the issues that are gal- cused elsewhere. Mr. Scheer’s two Mountain pipeline – instead of the province before election day. whether or not it’s enough to win
vanizing Albertans,” Dr. Bratt Alberta stops pale in comparison Mr. Trudeau’s travel schedule. Lori Williams, who also teach- a seat,” Prof. Williams said.
A 10 FOLIO O T H E G LOB E A N D MA I L | FR I DAY , O C TO B E R 4 , 2 0 1 9
T
here are two reactions you ing when she’s seized by a cause.
get when you ask around Ukraine, where her late moth-
the globe about Chrystia er was a prominent intellectual
Freeland and Canadian foreign who helped draft the country’s
policy under her leadership. post-Soviet constitution, has al-
She’s either one of the last, best ways been close to her heart. Her
hopes of the liberal world order – conviction that Ukraine’s strug-
or she’s an out-of-touch idealist gle with Russia is a front line be-
who is risking trade by starting tween the forces of democracy
diplomatic fights that Canada and the rising authoritarian men-
can’t hope to win. ace has led to a deepening of the
Not since Lester Pearson has confrontation between Ottawa
Canada had a foreign minister so and Moscow that began under
widely recognized on the inter- Mr. Harper’s Conservative gov-
national stage. Despite her loud ernment.
detractors, she is increasingly “Is it personal? Yes,” said Nata-
viewed as Liberal Leader Justin lie Jaresko, a long-time friend of
Trudeau’s most likely successor, Ms. Freeland who served as Uk-
particularly should their party raine’s finance minister from
lose power in the Oct. 21 federal 2014 to 2016. “But [Ms. Freeland’s
election. support for Ukraine] is based in
In an effort to examine the values, and what will happen if
motivations and implications of we don’t defend those values in
Ms. Freeland’s chin-out approach the world that we live in today.”
– and where her policies might Another crisis that captured
lead if she retains a leadership Ms. Freeland’s imagination is Ve-
role after the election – The nezuela, where anti-government
Globe and Mail’s foreign corre- protests erupted shortly after she
spondents in the United States, became foreign affairs minister.
Asia, Africa and Europe spoke to Ben Rowswell, who was Cana-
politicians, non-governmental da’s ambassador to Venezuela
activists and business figures during the 2017 uprisings, said
about how they perceived Cana- Ms. Freeland understood the
dian foreign policy, which has be- gravity of the crisis – which saw
come synonymous with her President Nicolas Maduro at-
name over the past 21⁄2 years. tempt to strip the opposition-
Ms. Freeland’s admirers hail dominated Congress of its pow-
her as a principled and effective ers amid an economic collapse
diplomat, someone who can turn that left Venezuelans scrambling
a room in her favour with a mix for food and medicine – earlier
of well-researched facts and un- than most of her counterparts on
derstated charm. Her Canada is the world stage.
the one that tangled with Donald Mr. Rowswell recounted how
Trump’s White House over trade bureaucrats at Global Affairs
and came out relatively un- Canada warned him that Ms.
scathed, and the one that won’t Freeland would be too focused
back down in its outsized sup- on U.S. relations to take briefings
port of Ukraine in its struggle on Venezuela.
with Vladimir Putin’s Russia. It’s To his surprise, Mr. Rowswell
her Canada that led the rescue of received the opposite response
Syria’s famed White Helmets and from Ms. Freeland.
has become a beacon for women “She was really quite clear that
fleeing Saudi Arabia, as well as she placed priority on this be-
LGBTQ refugees from around the cause she took time that she real-
world. The Washington-based ly didn’t have and invested it,”
Foreign Policy magazine named said Mr. Rowswell, who is now
Ms. Freeland its diplomat of the the president of the Canadian In-
year in 2018. ternational Council, a group of
But Ms. Freeland’s critics are as foreign-relations experts.
vitriolic as her supporters are ef- Mr. Rowswell said Ms. Freeland
fusive. She has been the target of saw Venezuela – like Ukraine – as
startlingly personal attacks from a “front line in the emerging
the foreign governments that global competition between de-
don’t share her worldview. Male mocracy and authoritarianism,”
leaders, in particular, seem to with Russia, China, Iran and Cuba
bristle at being criticized by a fe- backing the Maduro regime.
male foreign affairs minister who But Ms. Freeland’s willingness
represents a country of just 37 to use Canada’s diplomatic clout
million people. in places such as Ukraine and Ve-
“We don’t like their represen- nezuela invites comparison with ILLUSTRATION BY HEATHER BUCHANAN
tative very much,” Mr. Trump fa- the places that she hasn’t made a
mously said of Ms. Freeland amid priority.
Freeland
the sometimes acrimonious ne- Africa stands out as one region
gotiations that resulted in a new that appears to have fallen off the
free-trade deal – pending ratifica- Liberal radar. Mr. Trudeau’s gov-
tion – between the U.S., Canada ernment came to office promis-
and Mexico. ing Canada would return to its
Worse has been said about her previous leadership role on UN Behind the Foreign Affairs Minister’s crusad
by the governments of China, peacekeeping missions. Ms. Free-
Russia and Saudi Arabia – re- land’s predecessor as foreign af- is a shrewd politician who knows w
gimes that Ms. Freeland’s foreign fairs minister, Stéphane Dion,
policy has put Canada into con- had helped draft a plan for a
flict with. large-scale deployment of Cana-
The 51-year-old journalist- dian peacekeepers and police in MARK MacKINNON LONDON, ADRIAN MORROW WASHINGTON, NATHAN VANDE
turned-politician says she’s fine the West African country of Mali.
with the heat. “The notion that But those ambitions were
the objective of foreign policy is scaled back after Ms. Freeland to a risky peacekeeping mission ficials allegedly involved in the
to be friends with everyone is to took over the portfolio. Mr. Tru- in Africa, or taking a side on Is- death of Mr. Browder’s account-
misread very much the situation deau was “afraid of the risks,” ac- rael-Palestine, are not vote-win- ant, Sergei Magnitsky. But Mr.
in the world today, where some cording to Jocelyn Coulon, a for- ning ideas. Browder says he also knew that
very big principles and issues are mer top aide to Mr. Dion, in Ms. Freeland, unlike Mr. Dion, Canada would never have sanc-
at stake,” she said in a telephone memoirs published this year. grasped these realities and built tions, in the form of a Magnitsky
interview during a campaign stop Within weeks of Ms. Freeland’s them into her policies, he said. Act, as long as Mr. Dion was for-
in Vancouver this week. A candi- appointment, her chief of staff And while Mr. Dion always re- eign affairs minister and hoping
date in the Toronto riding of Uni- “informed me that the files I had mained an outsider in the Tru- to mend relations with Moscow.
versity-Rosedale, it’s a sign of her been working on – multilateral- deau cabinet, Ms. Freeland built By January, 2017, Mr. Dion was
growing importance to the Liber- ism, peacekeeping and Africa – friendships and alliances inside out of government, Ms. Freeland
al Party that she has been de- would not be priorities for the the Prime Minister’s Office. “She was foreign affairs minister, ties
ployed across the country in a minister,” Mr. Coulon said. has an emotional intelligence with Russia were on their way to
closely fought campaign. Ms. Freeland has yet to make that’s highly advanced,” Mr. Kins- a new low and the Magnitsky Act
While she says foreign affairs an official visit to Africa during She has an emotional man said. “When Chrystia came was headed toward becoming
comes up wherever she goes – her tenure as foreign affairs min- in [as foreign affairs minister], law.
“people still like to talk to me a ister. The eventual Canadian pea- intelligence that’s highly she immediately got what the “In a world where there are
lot about NAFTA, both during the cekeeping mission in Mali, which advanced. When politics were.” few truly moral leaders in the
campaign and when I’m buying consisted of just 250 troops and a Chrystia came in [as world, Canada has now stepped
groceries” – Ms. Freeland was in handful of helicopters, was limit- foreign affairs minister], into the top spot, and a lot of that
British Columbia this week, using ed to barely a year in the country. is due to Chrystia Freeland,” said
her star power to boost local can- Canada’s policy toward the Is- she immediately got Canada’s foreign policy was a Mr. Browder, who has known her
didates. raeli-Palestinian conflict, mean- what the politics were. muddle after the Liberals came to since the 1990s, when she was a
In many ways, she’s acting like while, has become less overtly office in 2015. Mr. Trudeau de- Moscow-based correspondent for
the deputy prime minister that pro-Israeli than it was under the JEREMY KINSMAN clared after the election win that Britain’s Financial Times and he
VETERAN CANADIAN DIPLOMAT WHO
Canada doesn’t have (both Mr. Conservatives; the Liberals re- WAS PART OF JUSTIN TRUDEAU’S Canada was “back” and “here to was an investment banker in the
Trudeau and his predecessor Ste- stored funding to the United Na- EARLY FOREIGN AFFAIRS TEAM help” – phrases that meant differ- Russian capital.
phen Harper left the post empty tions agency that supports Pales- ent things to his two key foreign The Kremlin would strongly
as more and more power was ac- tinian refugees after it was cut off policy ministers. That sparked a disagree with that statement.
cumulated in the Prime Minis- by Mr. Harper’s government. But contest of wills that would come Russia has had Ms. Freeland on
ter’s Office). But as questions Ms. Freeland has stuck to what to a head over the issue of how to its list of Canadians targeted for
grow about Mr. Trudeau’s leader- she calls a “balanced” approach deal with Mr. Putin’s Kremlin. sanctions since 2014, when she
ship, the charismatic Foreign Af- toward Israel and the Palesti- To Mr. Dion’s ears, those vague was an opposition MP who Mos-
fairs Minister is clearly the Liberal nians, rarely criticizing Israel’s terms meant that Canada would cow saw as an extension of the
Party’s No. 2. five-decade-old military occupa- return to its Cold War role of be- influential Ukrainian-Canadian
But Ms. Freeland, who served tion of the West Bank. ing a country that everyone diaspora. After she rose to be-
as deputy editor of The Globe “On this issue there hasn’t could get along with. A core pri- come the country’s foreign affairs
from 1999 to 2001, remains most been any form of recalibration. ority was to reheat relations with minister, Russian diplomats in
passionate about foreign policy, None,” said Diana Buttu, a Pales- countries such as Russia and Iran Canada launched an astonishing-
and specifically the need to de- tinian-Canadian lawyer and for- that had frosted over under Mr. ly undiplomatic campaign to tar-
fend liberal democracy and what mer legal adviser to Palestinian Harper. Ms. Freeland, then minis- nish her, alerting media to the
she calls the “rules-based inter- president Mahmoud Abbas. “I ter of international trade, inter- fact that Ms. Freeland’s maternal
national order” in a time of rising wish I had the answer.” preted Mr. Trudeau’s same phras- grandfather had edited a newspa-
populism and authoritarianism Jeremy Kinsman, a veteran es through her own prism that per in Nazi-occupied Poland dur-
around the world. It’s also plain Canadian diplomat who was a Canada best stands up for itself ing the Second World War, and
from speaking to her that Cana- part of Mr. Trudeau’s early for- by standing up for principles suggesting she herself might har-
da’s global direction is currently eign affairs team, said he believes such as democracy and human bour fascist sympathies.
hers to set. that on some files, it’s still the rights. Part of Moscow’s anger is born
While relations with the U.S., Prime Minister’s Office that calls One of Mr. Putin’s most promi- out of the hope the Kremlin
China and Russia have been the the shots – and it often does so nent critics, financier Bill Browd- placed in Mr. Trudeau and Mr.
defining challenges of Ms. Free- based on domestic political con- er, recalls receiving a split recep- Dion after the Liberal election
land’s time in office, those who siderations. Support for Ukraine tion from the new Canadian gov- win. Mr. Putin, who has ruled
have worked closely with her on plays well at home, particularly ernment. Ms. Freeland, he knew, Russia for two decades, had got-
a variety of files say that she’s at among the million-strong Ukrai- was a supporter of his efforts to ten along well with the previous
her most energetic and convinc- nian diaspora. Deploying troops slap sanctions on the Russian of- two Liberal prime ministers, Jean
F RI DAY, OCTOBE R 4 , 2 0 1 9 | T H E G LO BE A N D MA IL O NEWS | A11
d’s world
China was long-standing: In her Laurier Institute, an Ottawa-
book, Plutocrats, she described based think tank. “For all of the
the 2012 downfall of Bo Xilai, a ri- human-rights advocacy done in
val to now-President Xi Jinping, the kingdom of Saudi Arabia –
as “part of a wider drive to make and I think advocacy is important
e to restore ‘rules-based international order’ the Chinese economy more fair when done in the right way – in
and open.” Mr. Xi has instead which way has it had any impact
what plays well in her own backyard overseen a strengthening of the on the people she is advocating
state’s authoritarian hand on the for?”
economy and society alike, and The Saudi episode also re-
China’s assertive foreign policy – vealed how much the world was
ERKLIPPE BEIJING, GEOFFREY YORK JOHANNESBURG, MICHELLE ZILIO OTTAWA including the building of artificial shifting under the Liberals’ feet.
islands in the South China Sea – “The Twitter incident with the
pose an arguably larger threat to Saudis was a wake-up call. None
Chrétien and Paul Martin, and moted and Mr. Dion dispatched the liberal order than Russia. of our allies spoke up in Canada’s
Russian state media expressed to serve as Canada’s ambassador But while Ms. Freeland ex- defence when Riyadh retaliated.
hope in 2015 that the rise of an- to Germany and special envoy to pelled Russian diplomats, she Not the U.S., not Britain, not even
other Liberal government might the European Union. went only so far as to delay visas Germany, which had been sub-
mean an end to Canada’s pro-Uk- “The most important foreign- for some Chinese state media ject to similar treatment by the
rainian policies. policy challenge facing this gov- journalists. Saudis. The lesson was that Cana-
Mr. Dion’s departure put an ernment was managing relations Ms. Freeland had “very little da needs to be more deliberate
end to that belief. Ms. Freeland with the Trump administration knowledge of Asia to start with,” about calling out wrongdoing
became the first Canadian for- and averting his threat to termi- said Paul Evans, a China scholar and that it’s generally better to do
eign affairs minister to take office nate NAFTA,” said Roland Paris, a at the University of British Co- so as part of a group of countries
while on the personal sanctions professor of international affairs lumbia. The Liberals, he said, than alone,” said Prof. Paris, the
list of a major world power. at the University of Ottawa who “have been mugged by a kind of former adviser to Mr. Trudeau.
She has similarly been singled worked as a foreign-policy advis- reality which is a very nasty, hard Prof. Paris said the Saudi epi-
out for personal attacks in Chi- er to Mr. Trudeau for a year after international environment. Chi- sode seems to have influenced
na’s state-controlled media as the 2015 election. “Everything For all of the na is part of that, but so is the Canada’s subsequent approach
ties between Ottawa and Beijing else pales in comparison.” United States.” on other sensitive files. Ottawa,
deteriorated over the arrest of human-rights advocacy Indeed, by the time Ms. Free- for instance, waited to speak in
Huawei executive Meng Wanz- done in the kingdom of land concluded negotiations to- concert with almost two dozen
hou, and more recently over Ms. Saudi Arabia – and I ward a new NAFTA deal last fall, other countries this summer –
Freeland’s support for protesters Canada’s original NAFTA strategy think advocacy is the U.S. had already issued a war- rather than acting first and alone
in Hong Kong. was to take a hard line at the bar- rant for Ms. Meng, the Huawei ex- – in criticizing China over its
She has also aggravated the gaining table and concede noth- important when done in ecutive. Her arrest in Vancouver mass detention of Muslims in the
Saudi royal family. A tweet in Au- ing of substance. During the first the right way – in which in December, 2018, would force a Xinjiang region.
gust, 2018, that called for the re- five months of talks, Ottawa’s ne- way has it had any harsh new reckoning toward Chi- Ms. Freeland is now trying to
lease of two jailed human-rights gotiators were happy to tell the impact on the people na, which subsequently arrested encourage like-minded countries
activists sent Riyadh into a fury. Americans why their protection- two Canadians, Michael Kovrig to join her in the battle to, as she
Rather than backing down, Ms. ist demands were wrong, but un- she is advocating for? and Michael Spavor, and sen- puts it, “fight for liberal democra-
Freeland personally intervened willing to meet halfway on any- tenced two others to death for cy.” Some 43 foreign ministers
SHUVALOY MAJUMDAR
five months later to clear the way thing the Americans wanted. ADVISER TO THREE CONSERVATIVE drug crimes. met on the sidelines of the recent
for Rahaf Mohammed – a Saudi Canada’s intransigence both sur- FOREIGN AFFAIRS MINISTERS WHILE Ms. Freeland tends to function UN General Assembly meeting in
teenager who fled her allegedly prised and confused the Ameri- STEPHEN HARPER WAS PRIME MINISTER either as an energetic pragmatist New York last week to discuss
abusive family – to gain asylum in cans, sources told The Globe at or an absolutist with a “cold war- how they hold their ground
Canada. The official Saudi Ga- the time. They had expected Can- like” view of the world: “author- against the populist tide – and
zette newspaper called Ms. Free- ada to gang up with the U.S. itarians versus democrats,” Prof. start to push back.
land’s policies “childish” after she against Mexico; after all, both of Evans said. The diplomatic fight “In a lot of countries right now,
personally welcomed Ms. Mo- NAFTA’s wealthier countries had with Beijing shifted her into that I think we’re seeing the institu-
hammed when she arrived in To- seen manufacturing move to second mode. tions of liberal democracy sort of
ronto. their poorer southern cousin. She spoke out publicly against standing up for liberal democra-
Ms. Freeland does her best to But Ms. Freeland was ideolog- the “arbitrary” detention of Can- cy.
shrug off the attacks: “I think we ically opposed to Mr. Trump’s adians in China and issued state- “And in authoritarian coun-
need to be honest with ourselves worldview. Rather than fighting ments of concern about Hong tries, we’re seeing a lot of brave
and honest with Canadians that other countries for “stealing” Kong, where protesters, some vi- people fighting for their free-
standing up on these issues will jobs, she argued that more and olent, have for months demon- dom,” Ms. Freeland said. Suggest-
not always be without a cost. And freer trade would ultimately strated against Chinese influen- ing that she’s learned lessons
that’s okay.” cause higher economic growth ce. from her early scraps, that quote
But while the barbed relation- everywhere. As with Russia, her statements hints at, but doesn’t mention, the
ships with Moscow, Beijing and In June, 2018, with more than on Hong Kong have earned her impeachment proceedings
Riyadh put Ms. Freeland’s vision $1-trillion in continental trade the wrath of China’s Foreign Min- against Mr. Trump, as well as re-
for Canada into sharpest contrast hanging in the balance, she went istry, which has repeatedly sin- cent pro-democracy protests in
with Mr. Dion’s, it was the rise of to Washington to deliver a speech gled her out, condemning her Moscow and Hong Kong.
Mr. Trump – and his vow to tear excoriating the President’s “gross” interference in Chinese But if she has adapted her
up the North American free-trade “America first” ideology, includ- affairs and demanding that she style, she hasn’t altered her con-
agreement – that created a crisis ing steel and aluminum tariffs “think twice before speaking.” viction. “I feel that we in Canada
that necessitated the cabinet imposed by the Trump adminis- Online, Chinese media called her are on the right side of history,”
shuffle that saw Ms. Freeland pro- tration. a “laughingstock” who has dam- she said.
A 12 O THE G LO B E AND M AIL | FR IDAY , OC TOB ER 4, 2019
PHILLIP CRAWLEY
DAVID WALMSLEY
EDITOR-IN-CHIEF
The subject who is truly loyal to the chief magistrate will neither advise nor submit to arbitrary measures - Junius
Which party
is best for
the oil patch?
O
ne of the biggest issues in the election campaign is
climate change. We looked at the relevant plat-
forms of the two parties most likely to form the
next government – the Liberals and the Conservatives – and
concluded the Liberals have the more credible plan.
But what about a related issue – the development of the
country’s massive oil and gas reserves? Which party will be
best for the industry?
It’s an issue that has to be addressed in the context of cli-
mate change. All the parties say, with varying degrees of en-
thusiasm, that they aim to meet or surpass Canada’s commit-
ment under the Paris Agreement to reduce greenhouse gas
emissions by 30 per cent below 2005 levels by 2030.
That necessarily means imposing costs on the oil patch. In
2017, 27 per cent of Canada’s GHG emissions were produced
by the extraction and refining of fossil fuels. The combustion
of carbon for transport, in industry and for heating makes up
much of the rest of our emissions.
But the resource sector, of which energy is a main compo-
nent, is the third largest contributor to Canada’s gross do-
mestic product. It supports hundreds of thousands of direct
and indirect jobs, and is indispensable to the economies of
LETTERS TO THE EDITOR
Newfoundland and Labrador, Saskatchewan and Alberta.
JUDGING THE JUDGES in 1939 and place Japanese Cana- pudiation of his own two proro-
As well, oil and gas are Canada’s biggest exports, making dians in internment camps in gations of Canadian Parliament.
up 22 per cent of our global shipments. Canada sits on the Re A Look At The Supreme Court 1942. All these actions enjoyed But he also seems to believe that
Judge Canada Almost Got (Oct. widespread support. Canada and Britain should be
world’s third largest recoverable reserves of crude oil, and it
2): Professor Joel Bakan correctly If our leaders were racist, they run as executive democracies,
is unrealistic to believe that domestic or overseas demand for identifies the flaw in the original- were acting with the support of not parliamentary ones – a view
ist theory endorsed by Federal the vast majority of Canadians. that would be consistent with his
fossil fuels will suddenly disappear.
Court of Appeal Justice Marc Na- Condemn them if you choose, positive outlook on other pop-
The tension between fighting climate change and devel- don; the theory accepts that leg- but also condemn our citizen ulist movements in countries
oping one of Canada’s biggest industries can be seen in the islators make law, and judges forebears. such as the United States and
must apply the law mechanically. David Beattie Chelsea, Que. Hungary.
different parties’ platforms. But this is impossible, because As we head toward an election,
At one extreme, the Green Party would stop all pipeline choice is inevitable due to the in- The whole of Sir John A. Macdo- it would be useful to know how
herent ambiguity of language. nald’s vast legacy lately feels far much the present leaders of Can-
construction, including the Trans Mountain expansion, and In every case, a judge must too centred on one issue: Indige- ada’s political parties may agree
ban all new drilling for oil and gas, and all new mining of choose which of several compet- nous people. But that issue, ow- with Mr. Harper. Their answers
ing meanings to adopt. Put an- ing to long overdue oversight and would speak to a critical question
bitumen. Alberta’s oil sands would be phased out of produc- other way: In every case, a judge address, has now seemingly about the nature of Canadian
tion in as few as 11 years. The NDP, too, is calling for a quick has discretion to exercise which morphed into the sole raison government and their likely be-
will determine their final deci- d’être of his entire political life. haviour if they come to power.
transition to a “carbon-free economy.” sion. This becomes a problem The fact that residential Chris Levy Professor of law
At the other extreme, the Conservatives under Andrew only if judges base their choices schools were mismanaged, and (retired), University of Calgary
solely upon their own personal Indigenous children grievously
Scheer are overtly pro oil and gas. values instead of the values of the exploited by those given their
ACADEMIC HEALTH,
A Conservative government would aim to build an ambi- community. subsequent charge, care and
MENTAL HEALTH
Such arbitrary decision-mak- management, is not Macdonald’s
tious “energy corridor” to carry hydrocarbons across the fault, although it has become
ing is unacceptable but may be
country; it would end the federal carbon-pricing regime, avoided by requiring decision convenient to blame him. You Re University Of Toronto Installs
makers to expressly reveal the don’t blame the architect and Safety Barriers After Third Stu-
which is designed to curb demand for carbon products; and it
values relied upon in reaching a builder of a house for any abuse dent Suicide In 18 Months (Sept.
is against proposed fuel standards that would reduce emis- decision. Over time, the commu- that takes place by subsequent 30): Many students at the Univer-
nity itself can oversee and police tenants in that house. sity of Toronto were surprised on
sions but mean higher costs for producers and consumers.
whether a judge is principled and Macdonald seems to be an Monday when they learned that
Mr. Scheer has also vowed to scrap Bill C-69, the new envi- disciplined in applying funda- easy target because he’s standing a student had killed themselves
ronmental assessment law that the Conservatives contend is mental community values to ar- right there in bronze – as he on campus last Friday. Monday
rive at a just decision. should be. But he is not the right marked only the fifth week of
tilted against the oil sands, and to fast-track court cases The originalists, including Jus- target. Systemic racism and ex- classes for most programs. This
against pipelines through the judicial system. tice Nadon, would be more likely ploitation by the teachers, care- news immediately brought to
to escape restraint and present takers and administrators of resi- mind a series of faculty procla-
But speeding up the regulatory process is not entirely in the greatest risk of arbitrariness, dential schools over the years are mations during my graduate ori-
the hands of the government of the day. Its wish is not its because they deny having any the real culprits. entation last month, which set
choice of values to make. The real W.E. Hildreth Toronto my teeth on edge.
command – as Ottawa’s past two governments learned. basis of their decisions would Multiple faculty members
If the Trans Mountain expansion has shown us anything, therefore be concealed. Re PM Macdonald: Loving It? took turns explaining the chal-
Leo Barry Justice of the Court (Letters, Oct. 1): Many letter writ- lenges of graduate school: that
it’s that the courts will insist on extensive consultations with of Appeal of Newfoundland and ers believe that rethinking Sir this program was definitively
Indigenous peoples, and on detailed environmental assess- Labrador (retired), St. John’s John A. Macdonald’s legacy, far hard, that we could expect to
from being an effort to under- break down at least one time,
ments, before allowing projects to go forward. Those speed stand our roots as a country and that “if we think you’re doing
24-HOUR POLITICAL PEOPLE our relationship with Indigenous okay, we’ll push you even harder”
bumps exist regardless of who is in government. And in the
people, is actually a historically and “we know we’re asking too
case of Indigenous consultation, they are constitutionally
Re No Proof FBI, RCMP Ordered ignorant and revisionist act of much, but it’s because we want
entrenched. Border Guards’ Examination Of cultural imperialism, in part be- you to succeed.” The following
Meng, Crown Says (Oct. 3): One cause the actions of our forebears week during first classes, each
It means that while a Conservative government might try
solution for strained Canada-Chi- have no relationship to our cur- professor took the obligatory
to hurry through projects such as pipelines, there would be na relations would take all of 24 rent morality and thoughts. moment to point out the link in
limits on how much it could do. hours: Ease the security assigned And yet, today, I don’t exactly the syllabus that directs students
to Meng Wanzhou; remove her see settler Canada chafing under to mental-health services if they
Which brings us to the Trudeau Liberals. They have tried to GPS ankle bracelet; declare her a an Indigenous empire that has are in distress and to restate how
be both pro-oil and anti-carbon. They sketched out a grand non-risk to escape; return her tried to systematically eradicate important mental health is.
passport. their culture for centuries. The I wonder how faculty reconcil-
bargain under which carbon pricing would raise the political Within hours, I bet relations majority of Canadians are not es these two views. To advocate
capital needed to pave the way for growth in Canadian oil would be resolved. It seems, any- discriminated against like many for both concepts with equal con-
how, that the United States has Indigenous people still are today, viction seems both inappropriate
production, and the approval of new pipelines. changed political focus to its own in ways that seem eerily similar and disrespectful to students.
In our Jenga confederation, with provinces and voters lin- domestic quagmire. to some of the deprivations of Educators want to push their
Stanley Peltier Edmonton the past. charges to grow. But what if they
ing up both behind and against the oil industry, the Liberals As many Indigenous leaders push too far? What if they funda-
tried to say yes to both sides. It hasn’t been an easy balance to have said, what if we stopped ar- mentally exceed my cognitive,
SHOULD MACDONALD STAND? guing about symbols and defini- psychological and emotional lim-
strike. They bought the Trans Mountain pipeline, but in do- tions, instead putting more tangi- its – and I break?
ing so alienated many environmentalists and some Indige- Re Kingston’s History Lesson: ble effort toward fixing contin- In places of higher learning,
How To Handle Legacy Of Cana- uing inequalities? workload no longer seems to
nous leaders. At the same time, many in the oil and gas in- Conrad Sichler Hamilton function as faculty intends: as a
da’s First PM (Sept. 30): In Sir
dustry worry the Liberals’ new regulatory regime will never John A. Macdonald’s time, there mechanism to evaluate talent
was no outcry of racism against and skill. It’s clear to me that the
approve another pipeline. A QUESTION OF DEMOCRACY
his categorization of Indigenous lasting mental harm that can be
It’s hard to miss the difference between the Conservatives’ people as savages, nor his impo- caused by academic overwork
sition of a Chinese head tax. Dec- Re Johnson’s Brexit Approach Is should be a priority issue.
embrace of oil and gas and the Liberals’ more reticent rela-
ades went by, and there was still ‘Absolutely Correct,’ Harper Tells Pavlina Faltynek Toronto
tionship. However, it’s worth remembering that both parties no outcry of racism against Sir U.K. Tories (Oct. 2): Stephen Har-
tried to get projects approved while in government, and both Robert Borden’s decision to re- per has savaged the decision of Letters to the Editor should be
fuse entry to a shipload of immi- the Supreme Court of the United exclusive to The Globe and Mail.
were bogged down in judicial quicksand. That’s why it’s un- grants from Punjab, India, in Kingdom that Boris Johnson’s at- Include name, address and daytime
clear to what extent the Conservatives’ pro-oil rhetoric can 1914, nor Mackenzie King’s deci- tempt to prorogue British Parlia- phone number. Keep letters under
sion to forbid all Chinese immi- ment is illegal. That Mr. Harper 150 words. Letters may be edited for
actually deliver more returns to the industry. gration in 1923, refuse admission would do this is not surprising, length and clarity. E-mail:
to a shipload of Jewish refugees since the decision is in effect a re- letters@globeandmail.com
SINCLAIR STEWART DEREK DECLOET ANGELA PACIENZA DENNIS CHOQUETTE TONY KELLER NATASHA HASSAN SYLVIA STEAD
DEPUTY EDITOR EXECUTIVE EDITOR HEAD OF EXPERIENCE HEAD OF ENTERPRISE EDITORIAL PAGE EDITOR OPINION EDITOR PUBLIC EDITOR
EDITOR, REPORT ON BUSINESS
FRI DAY , OCTOBE R 4, 2019 | T HE GLO BE AN D MAI L O NEWS | A13
OPINION
A reborn Bloc shakes up the battle for Quebec
The party looked to sive for the first time during this ance” that had left Ottawa swim- the Bloc is the only federal party Fluent in French, Mr. Trudeau
campaign – although he general- ming in budget surpluses while that endorses each of Mr. Le- and Mr. Blanchet had the field
be on its deathbed, but ly gave better than he got. Quebec struggled to balance the gault’s four main demands in mostly to themselves on
Yves-François Blanchet That could be a problem for books. Mr. Harper rejigged the this federal election. A bigger Wednesday night, leaving Mr.
has made it a player Liberal Leader Justin Trudeau equalization formula in 2007, re- Bloc caucus in Ottawa would, in Scheer at a clear disadvantage.
and Conservative Leader Andrew sulting in hundreds of millions Mr. Blanchet’s telling, help hold The Conservative Leader often
again in federal politics Scheer. They are fighting for the more in annual federal cash the next federal government’s fails to enunciate his words in
same swing voters as the Bloc in transfers to Quebec. feet to the fire. English; he outright swallows his
dozens of Quebec’s 78 ridings. A It’s a matter of some debate Whether Quebeckers buy that speech in French. His sentences
KONRAD Bloc resurgence could deprive ei- whether Mr. Harper’s moves message in large enough num- were often indecipherable dur-
YAKABUSKI ther of its main rivals of the seats were the result of pressure from bers remains to be seen. Judging ing the TVA debate.
needed to form a majority gov- the Bloc, or simply part of his by their postdebate attacks on That, however, may not be Mr.
OPINION ernment. And it could wipe the own bid to court Quebec voters Mr. Blanchet, the other leaders Scheer’s biggest problem in Que-
New Democratic Party, which and lend a hand to then-premier are worried enough about that bec. He made a potentially fatal
held 14 Quebec seats when Par- Jean Charest, whose Liberals possibility to turn their fire on a mistake during the debate by
T
he Bloc Québécois is back. liament was dissolved, off the faced a stiff re-election battle in rival they had ignored until now. failing to reassure Quebeckers
Perhaps not in the way electoral map in the province. 2007. On Thursday morning, Mr. that he will not let his personal
that it dominated federal Mr. Blanchet is asking for a But Mr. Blanchet makes a Trudeau reprised an attack line views on abortion influence how
politics in Quebec for nearly two mandate from Quebeckers to credible case that the Bloc’s pres- from the debate with a tweet re- he governs.
decades between 1993 and 2011. hold whichever of the two main ence in Ottawa helped to con- minding voters that Mr. Blanchet Instead, he refused even to ac-
But the sovereigntist party that parties wins the most seats on centrate Mr. Harper’s mind. served as environment minister knowledge his personal opposi-
not long ago seemed headed for Oct. 21 to a minority govern- The 54-year-old Mr. Blanchet, in a short-lived Parti Québécois tion to abortion, allowing Mr.
the dust heap seems to have re- ment. Just like in the good old a former music-industry agent, is government that approved oil Blanchet and Mr. Trudeau to
gained enough strength to play days, when the Bloc leveraged its attempting to hitch his sover- exploration on pristine Anticosti make it an issue. He tried to
the spoiler in the Oct. 21 election. heft in Parliament to extract con- eigntist party’s wagon to that of Island and the construction of a course-correct on Thursday, but
In a province known for cessions from former prime min- Premier François Legault’s Coali- giant cement plant on the Gaspé the damage may have been
switching sides on a dime, the ister Stephen Harper, who led tion Avenir Québec, which is rid- peninsula that is Quebec’s large- done.
Bloc’s comeback was evident minority governments between ing higher than ever in the polls st industrial emitter of green- NDP Leader Jagmeet Singh
both during and after Wednes- 2006 and 2011. a year into its mandate. His full- house gases. was the most likeable and good-
day’s French-language debate on That was when Mr. Harper’s throated defence of Bill 21, the Those decisions could haunt humoured of the debaters. But
Quebec’s TVA network. Leader Tories adopted a House of Com- Legault government’s secularism Mr. Blanchet during the rest of he’s not really even in this race
Yves-François Blanchet, who had mons resolution recognizing law, distinguishes him from the the campaign, undermining his in Quebec. The province that
been systematically ignored by that the “Québécois form a na- other federal leaders, who all op- attempts to paint Mr. Trudeau as made the NDP Canada’s official
his rivals since he took the reins tion within a united Canada.” Mr. pose the legislation to varying an environmental hypocrite for opposition in 2011 has changed
of the nearly lifeless Bloc in Janu- Harper also moved to settle what degrees. And Mr. Blanchet never overseeing the purchase of the its mind again. It’s just not sure
ary, was forced onto the defen- was dubbed the “fiscal imbal- misses a chance to point out that Trans Mountain pipeline. how, yet.
J
agmeet Singh deserves a Luth- underneath his turban is very
er. A fictional character played long, as seen in a video he made
by the American comedian weeks ago, for all the good that it
Keegan-Michael Key, Luther did. And remember that cutting
was Barack Obama’s “anger off long hair, especially on boys, is
translator,” an alter-ego that one of the oldest attempts to
reacted to racism in a way the first make people “Canadian,” an act
black president of the United of forced assimilation imposed
States could not. In the real world, on thousands of Indigenous chil-
Mr. Obama endured years of dren in residential schools.
provocation and lies about his This week, the National Centre
personal life with his trademark for Truth and Reconciliation un-
calm. On the sketch show Key & furled a banner with the names of
Peele, Luther yelled “I am not a 2,800 Indigenous little ones who
Muslim!” through a bullhorn, be- died at those schools after being
fore staring wild-eyed into the taken from their families. I don’t
camera, ready for a fight. doubt that many of them had
The NDP Leader needed a their hair cut off. And I don’t be-
Luther most recently this week, at lieve that if Mr. Singh did remove
Montreal’s Atwater Market. his turban, his historic campaign
There, as seen in a video released for Canada’s highest political of-
by CBC, he was approached by an fice would be unencumbered by
older white man, who shook his prejudice.
hand and leaned in, as if to tell Mere hours after the Atwater
him a secret. incident, Bloc Québécois Leader
“You should cut your turban Yves-François Blanchet faced Mr.
off,” he said. “You’ll look like a Singh in a debate, and saw fit to
Canadian.” His soft voice belied In the sketch comedy made to keep demonstrating the that he used to react violently repeatedly mention that the
the violence of the words he was show Key & Peele, way marginalized people in this (like Luther), by confronting rac- province’s voters need a leader
aiming directly at an intimate Jordan Peele played country are told to act in the face ism “with my fists.” who “resemble[s] you.” Interpret
vulnerability: Mr. Singh’s faith, a calm Barack Obama, of that prejudice. That is, to be He has credited his Sikhism for that how you will, keeping in
the core beliefs that guide him as while Keegan-Michael endlessly kind and forgiving, to helping him develop a different mind that Quebec’s Bill 21 prohib-
he makes his way through the Key was his ‘anger consider constant, casual denials reaction. His turban symbolizes its some of those in government
world. translator,’ Luther. of our humanity as the price of just where he finds the generosity jobs from wearing religious sym-
The federal election campaign CHARLES SYKES/ being, as the man said to Mr. that allowed him to refer to the bols.
of 2019 should be remembered as ASSOCIATED PRESS Singh, “Canadian.” ever-so-gentle attacker in the Mr. Singh has repeatedly said
the one in which Canadian preju- Mr. Singh’s grace in the face of CBC video as “sir.” that while Bill 21 – which is being
dice stepped into the spotlight – ugliness has been noted ever “I think Canadians look like all challenged in court by three
going well beyond bozo erup- since he entered the public eye – sorts of people,” he said, walking teachers – makes him “sad,” he
tions and defaced signs to offer during the 2017 NDP leadership away. “That’s the beauty of Cana- wouldn’t try to dismantle it as
up multiple images of Justin Tru- race, he shut down an Islamo- da.” prime minister.
deau in brown- and blackface and phobic heckler by leading a chant His reaction was right for him, I think Luther would have a
a 2005 clip of Andrew Scheer of “love and courage.” It’s a pur- since dismantling prejudice isn’t different answer. In the end,
comparing same-sex marriage to poseful approach. In September, the job of those who experience though, both anger and decency
a dog’s tail. after Mr. Trudeau’s embarrass- it. My own inner Luther, though, in the face of prejudice come at
This year’s election campaign ment forced Mr. Singh to once immediately clenched her teeth. an emotional cost, the annual,
should also be remembered as again discuss his ethnicity in- “Who do you think you’re fool- weekly, daily price of being
the one in which Mr. Singh was stead of his policies, he remarked ing? Because it’s not me,” would Canadian.
I
n the fight against climate been scornful. The price on car- than imagined. Efforts to reduce ered on 100 per cent. The fact is, these politicians
change, Europe is often held up bon has been mocked for being emissions in the transportation It found that the emissions tar- have tens of millions of people to
as a beacon of enlightenment. far too low to do any good, start- sector through taxation spawned gets the government had set for worry about in the here and now.
German leader Angela Merkel ing at €10 a tonne in 2021, rising to countrywide protests and the rise 2020 and 2030 were going to be The Canadian government could
was nicknamed Climate Chancel- €35 by 2025. The government of Le mouvement des gilets jaunes – missed by even bigger margins take radical steps to meet its com-
lor early on in her tenure. France failed to withdraw massive subsi- the yellow vests. Any attempt to than was calculated just a year mitments under the Paris agree-
was the driver behind the 2016 Pa- dies to fossil fuel industries. raise the price on gasoline to curb earlier. ment and there would very likely
ris agreement to slay global “The whole package is just a big driving habits would likely lead to Britain has done many good be a revolt in the streets because
warming. And Britain is often cit- failure,” said Lisa Badum of the further protests. things. For instance, it now goes of the hardship and dislocation it
ed as a world leader in policy de- rising Greens, the German envi- French President Emmanuel several days at a time without could well cause.
signed to mitigate the forward ronmentally minded party. Ex- Macron is encountering a prob- generating any electricity from Angela Merkel is a scientist and
march of rising emissions. cept for Ms. Merkel and members lem faced by his counterparts coal. This generates much back- a former environment minister.
Canada, on the other hand, is of her coalition government, few around the world: While people patting among politicians. How- She understands better than
regularly viewed as a climate lag- believe the country will meet its say they want their government ever, the truth is the country is most what is happening to our
gard. The Liberal government of goal of carbon neutrality by 2050. to do something about the cli- still heavily reliant on fossil fuels. planet and, yet, after presenting
Justin Trudeau has received criti- It will miss its 2020 targets by a mate emergency we face, they Similar to many jurisdictions her government’s latest climate
cism for not producing a plan that wide margin, and most likely the don’t want to be the ones affected around the world, not enough is plan, she said this: “Politics is
will allow this country to meet its 2030 marks also. economically by any of the mea- being done there to hit targets what is possible.”
obligations under the Paris ac- Meantime, over in France a sures taken to combat the prob- considered essential if we, collec- She knew it was not going to
cord. newly appointed independent lem. tively, are going to halt the warm- make environmentalists happy.
But as it turns out, we may not climate advisory council recently Things aren’t much better in ing of the planet. But she also knew it was likely the
be any more a climate straggler issued its first report. The verdict? Britain. Its own Committee on Cli- All this is to say that Canada is best she could do in a complex
than those governments regard- France is falling way short of mate Change issued an update re- not the only major world econo- world with many interests to
ed as being more serious and re- meeting its climate targets as port this summer. Much like the my struggling with this issue. En- serve.
A 14 | NE WS O THE G LO B E AND M AIL | FR IDAY , OC TOB ER 4, 2019
BARRY
HERTZ
Why so serious, everybody? clerk, and character-actor super-
stars Bill Camp and Shea
Whigham as a pair of weary de-
tectives.
REVIEW
Arthur’s under-the-skin unease is felt in Joaquin Phoenix’s every onscreen Phoenix himself is, not sur-
prisingly, riveting. Emaciated and
breath and twitch in Todd Phillips’s Joker, but the film isn’t here exhausted, today’s greatest work-
Joker for much more than to cause manufactured uproar ing actor is easily the best reason
C L AS S IFICAT IO N : R; 121 M IN U T ES to take yet another trip into Goth-
am City. He doesn’t wash away
Directed by Todd Phillips memories of Heath Ledger’s
Written by Todd Phillips more slippery agent of chaos, but
and Scott Silver he does leave his own indelible
Starring Joaquin Phoenix, bruise. Arthur’s perpetual agita-
Robert De Niro and Zazie Beetz tion, his under-the-skin unease,
★★½ is felt in Phoenix’s every on-
screen breath and twitch.
I
f you only know Todd Phil- Yet, for all of the actor’s com-
lips’s Joker from the sound and mitment and Phillips’s stylistic
fury of its prerelease – from its aspirations, the turbulence that
triumph at the Venice Film Fes- the pair offer isn’t exactly fresh.
tival, where it won the Golden Li- Arthur is an assemblage of five
on award for best film, to studio decades’ worth of trickier charac-
Warner Bros.’ many curious pro- ters, all more inventively and
motional decisions, including provocatively explored before:
banning journalists from the Bickle and Pupkin and Ledger’s
film’s red-carpet Hollywood pre- Joker, sure, but also two of Phoe-
miere this past weekend – then nix’s own greatest roles, The Mas-
you might think that the film is ter’s disaffected sailor Freddie
an unholy world-burner, toxic Quell and You Were Never Really
and infuriating. The movie will Here’s burly vigilante Joe. In those
spark mass violence courtesy of latter two films, though, Phoenix
societal rejects who identify with had the respective guiding artis-
its loner anti-hero. Wait, no: The tic forces of Paul Thomas Ander-
movie is an overdue call to arms son and Lynne Ramsay, filmmak-
against an elite ruling class. Joker ers who operate on a more raw
is masterful, it is incendiary, it is and sincere level than Phillips.
essential, it is dangerous. It is a In Joker, the Road Trip director
piece of cinema so outrageous is appropriating the visions of his
that the medium itself must be cinematic idols to repudiate his
redefined going forward. There own filmography – “Road Trip di-
was the time before Joker, and the Joaquin Phoenix is riveting as the titular character of the Joker in Todd Phillips’s latest film, rector” would be the first sen-
time after. and the actor is easily the best reason to take yet another trip into Gotham City. tence that Phillips would hope to
I hate to deflate a good gag, scrub from his IMDb profile – but
but: no. No to all the frantic dis- dead. That’s a sicker joke than propriate times. He also fancies lips appears to be more interest- in the filmmaker’s quest to be-
course. No to the film being put even the Clown Prince of Crime himself a stand-up comedian, ed in making a very costly Martin come someone new, he has made
atop a pedestal of any sort. No to could come up with. and spends a good deal of his Scorsese fan-film (with Scorses- something so very old, and famil-
the energy we’re collectively Certainly it’s a more calculated days fantasizing about appearing e’s implied approval, given that iar. (I have wonderful news,
wasting on it. No to an okay-but- laugh than anything offered up in on a late-night talk show hosted he briefly flirted with producing though, for whoever is itching to
not-especially-good-and-ulti- Phillips’s film, which is a fine- by Murray Franklin (Robert De the project). From its set design see Thomas and Martha Wayne
mately-nothing of a movie. No, enough tweak of the comic-book Niro). A large portion of the film to its casting decisions to its once again get shot to death in an
then, to Joker. movie that still struggles mightily dozily follows Arthur falling hmm-could’ve-worked sound- alleyway.)
It gives me little pleasure to to locate the energy necessary to deeper into psychosis, until Phil- track choices, Joker is Phillips’s As for politics, Joker has none –
play this card. I’m now watching justify its existence. If you ever lips and his co-writer Scott Silver shiny-grimy bid to prove that he’s and I don’t mean that in some
my inbox, admiring its pristine wanted to know about the ori- realize they should insert some more a student of capital-A Au- kind of meta-contextual way. Ni-
state before it will be turned into gins of Batman’s most iconic sort of action, at which point the teur cinema than a tittering ped- hilism would be something. Joker
a raging dumpster fire of death nemesis, and were not previously movie turns into a briefly excit- dler of horny lowbrow comedies has nothing – its only philosophy
threats from DC Comics acolytes satisfied by the material provided ing, but mostly sloppy, #Occupy- (Old School, War Dogs, the Han- being a firm belief in the value of
and those emotionally unsuited in comics, on television, in car- Gotham polemic. gover trilogy). Occasionally, Joker shock. And weak shock at that.
to encountering differing opin- toons and in three separate fea- even spits up evidence to support By the point Arthur finally trans-
ions – a Flamin’ Hot Cheetos- ture-film franchises, then Joker is this argument. forms into the title character – a
dusted middle finger from fan- here to … well, not quite to satis- From its set design to its Phillips’s down-and-out Goth- moment set to Gary Glitter’s Rock
boys who have already offered a fy you. Honestly, I’m not sure am is captured with a slickly, and Roll Part 2, a supremely weird
small piece of their minds after what Joker is here for, other than casting decisions to its greasy sheen that delivers wel- choice that unintentionally un-
my short review of Phillips’s film to cause a clumsily manufactured hmm-could’ve-worked come echoes of Taxi Driver’s 42nd derlines the film’s goofiness – Jok-
was published during last uproar. soundtrack choices, Street filth. The film’s relatively er reveals itself as very expensive
month’s Toronto International Phillips’s Joker takes the form Joker is [Todd] Phillips’s few flashes of violence are also cosplay: effective at first glance,
Film Festival. of Arthur Fleck (Joaquin Phoe- startling. And while the director’s but at its seams superficial, dis-
Okay, here’s an admission: nix), a stick-thin sack of sad who shiny-grimy bid to prove casting coup of De Niro doesn’t posable and dishonest.
Maybe I do get a little pleasure stumbles through a rotting Goth- that he’s more a student work in the slightest – the actor is For all the inevitable debate
from this. I wouldn’t exactly en- am City, circa 1981 (no exact date of capital-A Auteur on-hand to remind audiences of that Joker will spark, I can’t help
dorse readers calling me a waste is ever given, but the presence of cinema than a tittering both Travis Bickle and The King of but wonder what the fuss is all
of flesh because I didn’t like a Brian De Palma’s Blow Out on a Comedy’s Rupert Pupkin, but about. Already, this film review is
movie about a comic-book bad downtown marquee fits the era- peddler of horny seems invested only in when ex- nearly over, and I’m giddy at the
guy, but it is also very funny that appropriate set-dressing). Arthur lowbrow comedies. actly his cheque will clear – Phil- prospect of never thinking about
people – many of whom have yet lives with his ailing and dom- lips otherwise pits Phoenix this movie again. All those out
to watch any Joker footage out- ineering mother (Frances Con- The filmmakers have the base against worthy dramatic adver- there who are midway through
side of promotional clips – will roy), works as a clown-for-hire ingredients for an intriguing, saries, including Zazie Beetz as composing death-threat e-mails
take the time out of their day to and suffers from a vague health challenging character study that Arthur’s rightfully leery neigh- would be wise to do the same.
tell me that the world would be a condition that causes him to just happens to be nestled inside bour, Brian Tyree Henry as an
better place once a movie critic is burst into fits of laughter at inap- the DC Comics canon. But Phil- overwhelmed Arkham Asylum Joker opens Oct. 4
“WHIP-SMART,
AND FIENDISHLY ENTERTAINING.”
Xan Brooks, THE GUARDIAN
Report on Business
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FRI DAY , OCTOBE R 4, 2019 | T HE GLO BE A N D MAI L O NEWS | A15
FIRST PERSON
Soderbergh comedy
underlines humanity’s
subservience to greed UNEASY RIDER
BARRY HERTZ
REVIEW
The Laundromat
C L AS S IFICAT IO N : R; 96 M IN U T ES
G
od bless Steven Soderbergh, patron saint of
upended expectations. When word came
last year that the prolific director was mak-
ing a movie focusing on the Panama Papers
financial scandal, it seemed like Soderbergh was re-
turning to the territory of Traffic or Contagion – globe-
spanning thrillers that distill huge events into in-
tense, granular dramas. Instead, The Laundromat is
more like the raised-eyebrow comedy of The Inform-
ant!, but with Meryl Streep subbed in for Matt Da-
mon.
In 96 zippy minutes, Soderbergh presents a series
of five vignettes underlining humanity’s subser-
vience to greed, each segment introduced by the two
lawyers at the top of the scheme (played with unctu-
ous glee by Antonio Banderas and Gary Oldman, the
latter equipped with a Hogan’s Heroes-y German ac-
cent). Some of the segments work – especially one
involving an African business titan (Nonso Anozie)
who decides to teach his daughter an expensive fam-
ily lesson – and some are too thin, notably the one ILLUSTRATION BY CHELSEA O'BYRNE
focusing on Streep’s character, a strong-willed widow
who becomes an amateur sleuth after becoming the
victim of insurance fraud. (Maybe there is a downside Getting my motorcycle licence was a lot harder than I expected, especially
to that brisk 96-minute run-time after all.)
Most egregiously, there is one troubling bit toward when you end up in a class of sexist, macho dudes, Julie Crawford writes
the end where, I think, Soderbergh and screenwriter
Scott Z. Burns attempt to dissect the notion of artifice
T
– be it financial or narrative – but comes off as hokey he air was rich with exhaust fumes and Vespa, anyway? Why did Vespas need a motorcycle
at best, culturally tone-deaf at worst. If money makes sweat. I was sitting on a motorbike, the en- licence?
the world go ’round, as Oldman and Banderas’s char- gine idling, trying to ignore the persistent When I got home, my six-year-old daughter asked
acters emphasize over and over again, then The Laun- ache in my arms and legs from yesterday’s me how it went, pirouetting into my arms before I
dromat deserves at least some of your hard-laundered training. I had dropped my bike three times, twice even put my helmet down.
dollars. Just keep some bearer bonds stashed away while I was still on it. But the absurdity of losing con- “Well sweetie, it was really challenging and I need
for Soderbergh’s next experiment. trol of a 350-pound motorcycle had me so stunned I a lot more practice,” I said, trying to stay positive.
hesitated getting back on, not entirely convinced I She nodded and said, “You can do hard things,
The Laundromat opens Oct. 4 at the TIFF Lightbox in wanted to give it another go. The rest of the class was Mommy.”
Toronto, Oct. 11 in Edmonton and Vancouver and Oct. easily riding figure eights around pylons. “You can do hard things” has always been my par-
18 on Netflix. A couple of months earlier, I was driving to Costco enting mantra. Whenever the kids get frustrated
with my husband and two kids and saw a woman with learning something new, I try to encourage
with red hair riding a Vespa. She was wearing bright them with what I hope are the magic words that will
lipstick, block heels and a dress that fluttered give them the strength to persevere when life gets
around her calves. She was magnificent. She seemed tough: You can do hard things. But now that I was on
Roy Cohn documentary like a ghost from back when I was 20 and in Paris, at a the receiving end, the phrase felt less like a mantra
bistro drinking café au lait, when I looked up and saw and more like a flimsy rope bridge over a gaping
is as brash and relentless a woman removing her motorcycle helmet and chasm, strung between fantasy and reality.
shaking out a bouquet of long red hair in what felt On the second day, as I walked back onto the
as the late power broker like slow motion. She walked away with her helmet training ground, one of the younger men in the
under her arm and her hair shining in the late after- group called out to me, grinning and incredulous:
noon sun. She was the epitome of French cool – radi- “Didn’t think you’d make it back for another
BRAD WHEELER ant, decisive, unapologetic. In that in- round!”
stant, I wanted to be just like her. One of the instructors came over
I returned to Toronto, worked, trav- and asked if everything was okay. I
REVIEW elled some more, thought about get- shrugged. I had slept badly; my two-
I was driving to
ting a Vespa but never did. Years went year-old had woken in the night, and I
Where’s My Roy Cohn? by and I found myself settled with a Costco with my had a nightmare that I was in a motor-
C L AS S IFICAT IO N : P G ; 98 M IN U TES husband, a couple of kids, a mortgage husband and two cycle accident and had my leg ripped
and a membership to Costco. That kids and saw a off. But I didn’t mention the last part.
Directed by Matt Tyrnauer sighting of a red-haired woman on a woman with red hair “You have kids?” He looked star-
★★★½ motorcycle made me pine for some tled, then started to rub the back of his
unfulfilled fantasy. riding a Vespa. She neck with his hand. “Yeah, a lot of kids
was wearing bright hear about motorcycle crashes and
H
e didn’t play by the rules. He was a self-loath- “You’re turning 40, a Vespa a would
ing bully with a personality in disarray. He be a great milestone gift,” my husband lipstick, block heels don’t want their parents riding, I total-
had contempt for people and the law. He was said. ly understand.”
and a dress that
a “Teflon fraud” who understood the political “But I’d have to get a motorcycle li- I want to say that his patronizing,
value of wrapping himself in the flag. He was a tactless, cence, and insurance,” I countered, as fluttered around her moms-shouldn’t-ride platitudes in-
vain, fame-chasing New Yorker with an out-of-season if they were impossible things. He calves. She was fused me with the righteous anger of
tan. He never apologized, never compromised and cre- shrugged, but his comment sparked magnificent. proving a sexist man wrong. I want to
ated phony issues to change the terms of the debate. He something in me. Why not now? say that I gunned the engine and
viewed life and relationships purely in transactional I was the only woman in the class. It was held in a revved off to motorcycling victory.
terms. Dude was evil, and subjected everybody around classroom for the first half and out in the parking lot But I didn’t. I turned off the bike, put it safely into
him to potential criminal liability. for the second. The instructors were all men in work the parking stance that I learned only the day before,
Remind you of anyone? boots. “So when you have someone easy-on-the- and walked off the training ground. I drove home
The above are descriptions of the bulldog lawyer and eyes on the back of your bike …” one instructor and cried big, shoulder-shaking sobs, knowing I just
controversial power broker Roy Cohn, the deceased pointedly looked at me, then back at the white- proved all those sexist idiots right.
subject of Matt Tyrnauer’s jarringly topical documen- board, “you have to remember how the weight af- When I told a colleague what had happened, she
tary Where’s My Roy Cohn? Those not of the Spy maga- fects the balance and the turns,” he continued. insisted that I needed a different motorcycle school
zine set or anyone out of the loop when it comes to New After the in-class work, we were divided into – the one she went to, which was more female-
York high-life lore might be asking “Who is Roy Cohn groups for on-bike training, which would take two friendly. I gave myself a week to nurse my bruises,
and why does the long-dead lawyer matter now?” The full days. They only had two types of bikes – a 450- both visible and ego-related, and signed up.
answer lies in the question posed by the film’s title. pound Harley Davidson Roadster and a top-heavy, She was right – it was completely different. The
It was Donald Trump, as President of the United 350-pound Honda CBR. When I asked the instructor teachers were more safety focused and beginner
States, who asked, “Where’s my Roy Cohn?” According which bike he would recommend for me, given my friendly, there were more types of bikes and I could
to The New York Times, in a moment of West Wing ca- Vespa goals, he sighed and said I should go with the find one like my longed-for Vespa. There were even
lamity the President demanded someone such as Honda. other women in the class. I had already had some
Cohn, a man from his prepolitical past who had once Of course, when the Honda tipped too far on ei- knowledge from the previous course and I passed
served as his ruthless personal lawyer. In that sense, ther side, I wasn’t strong enough to stop it and would my certification on the first try, and didn’t drop the
“Where’s my Roy Cohn?” wasn’t so much a question as scramble off as quickly as possible, both the bike and bike once.
it was a complaint. me getting banged up in the process. At the end of I bought a red, second-hand Vespa about a month
Tyrnauer, a Vanity Fair writer and the director of the the first day, I was covered in bruises, even with all after my 40th birthday. Every time I look at it, it gives
excellent New York docs Citizen Jane: Battle for the City my safety gear. It was hard not to notice some of the me a quiet thrill. And when I take off my helmet and
(2016) and last year’s Studio 54, doesn’t hammer the men in the group snickering to themselves when an- shake out my hair, I don’t feel like that girl in Paris, 20
Cohn-Trump parallels. But although the Trump part of other instructor came over to try to give me more ad- years ago. I feel like myself – gorgeous, alive, confi-
the film takes up only 10 minutes or so, it’s clear Where’s vice, again and again. No one else seemed to need dent. Like I can do hard things.
My Roy Cohn? is Trump’s origin story. History doesn’t re- the extra help like I did.
peat itself, but it does rhyme. I cried on the drive home. Why did I even want a Julie Crawford lives in Toronto.
Trump declined to be interviewed for the film, but
others seem more than happy to dish on the reptilian
villain Cohn. Even the film’s surprisingly self-aware
subject, in a recording made by The New Yorker maga- First Person is a daily personal piece submitted by readers
zine’s Ken Auletta, admits to being “completely tact-
less,” with a “total failure to sympathize with the emo- Have a story to tell? Please see the guidelines on our website tgam.ca/essayguide,
tional element in life.” and e-mail it to firstperson@globeandmail.com
Cohn’s lack of empathy, the film supposes, came
from his mother. A story about an inconveniently dead
servant is just bonkers.
A gay man who never acknowledged such, Cohn TODAY’S SUDOKU SOLUTION TODAY’S KENKEN SOLUTION
(with the scaremongering senator Joseph McCarthy)
went after government officials and others not only for
possible Communist sympathies, but also for alleged
homosexuality – the so-called “lavender scare” of the
mid-1950s. Cohen never publicly disclosed his 1984
AIDS diagnosis, but that didn’t stop him from calling in
a favour to receive experimental clinical treatment. He
died, disbarred and apparently broke, in 1986.
Where’s My Roy Cohn? is brash and relentless, much
like the man himself. We won’t need to wait for a se-
quel. Because of the ascension of Cohn’s most eagerly
unscrupulous student, we’re watching Part II unfold as
we speak.
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BRIDGE 1. Three notrump. This opening bid, there is a chance for order to portray the three-suited (two aces), you should have no
BY STEVE BECKER indicates a balanced hand slam here also. Change the ace nature of your hand. Partner compunctions about jumping to
FRIDAY, OCT. 4, 2019 that was too good to open one of hearts to the deuce, and you’d will thus be apprised of your seven clubs.
notrump with initially – about raise two clubs to only three. singleton diamond. Two hearts After partner responds
18 or 19 points. A rebid of two 3. Three clubs. It is more is forcing because it is a new two clubs, you should not be
You are the dealer and open notrump would show far fewer important to show your club suit named after a constructive interested in any factor other
One Spade. Partner responds points and would therefore support at once than to rebid response on the two-level. than the number of aces he
Two Clubs. What would you bid grossly misrepresent your actual your flimsy spade suit. Further 5. Four notrump. This is clearly has. Whatever he replies will
now with each of the following values. There is a good chance for action by partner is very likely, Blackwood and asks partner leave you in an ideal position to
five hands? slam if partner has significantly in which case you plan to repeat how many aces he has. After he determine whether to contract
better than a minimum two- your spades. You lack the high- replies, you will know exactly for 11, 12 or 13 tricks.
club response, and the most card values for an immediate how high to go.
appropriate and descriptive way jump-rebid in either suit. Thus, if partner’s response to
to arouse his interest in a slam is 4. Two hearts. There is a good four notrump is five clubs (no
by jumping to three notrump. chance that the final contract will aces), you will pass; if he bids
2. Four clubs. In view of your be in clubs, possibly at the six- five diamonds (one ace), you
excellent club support and level, but you should bid hearts will carry on to six clubs; and,
values well above a minimum before raising clubs strongly in if he happens to bid five hearts
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 Indicate diRection (5) 6 without repeating.
1 Paying one’S way 1 See 4 AcRoSS
fRom Holland (5) 2 He’S expected to 4 To faint (4,3)
4 and 1 Down: FamouS take noteS (9) 8 MonotonouS Routine (3) 2. The numbers within
the heavily outlined
VictoRian makeR of 3 It limitS the field to inSuRe 9 A winneR’S tRophy (4,5)
boxes, called cages,
childRen’S cakeS (7,7) againSt betting loSSeS (5) 10 SuffeR fRom heat (7) must combine using
8 Pool playeR will take 4 One takeS no end of caSh in, 11 MonaSteRy (5) the given operation (in
it aS a hint (3) finiShing with nothing (6) 13 Latitude (6) any order) to produce
9 PRetend I’m bleSSed 5 One who helpS a 15 CiRcumvent (6) the target numbers in
in a new oRdeR (9) SupeRioR, it’S Said (7) 18 A Sea duck (5) the top-left corners.
10 SneeR at pRoduce 6 A SmaShing oppoRtunity (3) 19 Fixed mental attitude (7)
fRom the ORient (7) 7 SelleRS Soak the buyeR 21 GeRman gallantRy awaRd (4,5) Freebies: Fill in
11 SecuRe link (3-2) with Such pRiceS (5) 23 Mammal of hoRSe family (3) 3. single-box cages with
13 MilitaRy band? (6) 12 Place to be foR an alibi (9) 24 RuSSian noveliSt (7) the numbers in the
15 WheRe you’ll find ScRewS 14 ThiS buSineSS iS a
25 VigoRouS (5) top-left corner.
on the dooRS (6) gRowing conceRn (7)
18 MotheR haS a look DOWN
16 Room foR childRen to play (7)
back foR a giRl (5) 1 CaReful Reading (7) ©2019 KENKEN Puzzle LLC. KENKEN is a registered trademark of Nextoy, LLC. Dist. by Andrews McMeel
17 WheRe to find a Sheet
19 Give authoRity to a 2 Ahead of the field (2,3,4) www.kenken.com
anchoR? (3,3)
backwaRd Middle 3 CloSely packed (5)
18 Be entitled to cRedit (5) 4 Contemptible (6) YESTERDAY'S CRYPTIC
EaSt nation (7)
20 No waR, we heaR, foR a bit (5) 5 Done without foRmalitieS (7) ACROSS: 1 PoSt chaiSe, 8 Coven, 9 CivvieS, 10 MoRocco, 11 DeteR, 12 TReaty, 14 BRidal,
21 A Rebel put in an 17 Picot, 19 ERaSing, 21 SpRingS, 22 AlteR, 23 EScalatoRS.
22 Go up and down (3) 6 PeculiaR (3)
awkwaRd poSition DOWN: 2 ObveRSe, 3 Tunic, 4 HectoR, 5 InvadeR, 6 Edict, 7 AStRologeR, 8 Come to paSS,
tuRnS ReSpectable (9) 7 AgRee (5)
12 High-Ranking officeRS (5,4) 13 Titanic, 15 DRifteR, 16 VeSSel, 18 CuRve, 20 ApaRt.
23 Note the old-faShioned
watch (3) 14 A Stone fRuit (7) YESTERDAY'S QUICK
24 DiSpenSed with Red tape 16 Make content (7) ACROSS: 1 Off-putting, 8 IRate, 9 RefRain, 10 FitneSS, 11 Notch, 12 GiRdeR, 14 MyStic,
and came to the point (7) 17 IncoRpoRate (6) 17 Tacit, 19 PaRtneR, 21 NiRvana, 22 ViRuS, 23 Out on a limb.
25 All taken apaRt (5) 18 Expel fRom pRopeRty (5) DOWN: 2 FlatteR, 3 Piece, 4 ThRaSh, 5 Infancy, 6 GRant, 7 On the caRdS, 8 In-fighting,
SolutionS to today'S Sudoku and Kenken can be found in the Life & ARtS content 20 Of the noSe (5) 13 EntRant, 15 TantRum, 16 SpRain, 18 CaRgo, 20 Revel.
aRea of the A Section. CRoSSwoRd SolutionS will be with tomoRRow'S puzzleS. 22 A lubRicant (3)
FRI DAY , OCTOBE R 4, 2019 | T HE GLO BE AN D MAI L Q NEWS | A17
Horse: Parks Canada more concerned about tourism than the animals, professor says
FROM A1 herd dies off every year owing to tening to those commercial inter- For the past two years, the Shu- and was often mistaken for a po-
starvation, he said. ests, rather than scientists saying benacadie park’s Sable Island ny.
Prof. Jones is quick to say he loves He said Parks Canada is more you should manage the island for horse lived alone in a hilly pad- “When people didn’t realize he
horses – he and his wife own a concerned about the tourism dol- nature, not abandoned farm ani- dock, avoiding interaction with was a Sable Island horse, they’d
Newfoundland pony – but says lars the horses bring than doing mals,” Prof. Jones said. “This is people and often lingering by a be like, ‘Why is your horse kind of
something needs to be done to re- what’s right for the animals. not about ‘horses are bad, they fence next to the reindeer enclo- odd-looking?’ ” Ms. Cox said.
move the animals from such an Sightseers pay more than $7,000 should be eradicated.’ This is sure, Ms. Cox said. “We’re going to miss having such
ecologically sensitive area as Sa- each to fly to Sable Island, as part about a fragile, remote ecosys- The animal, with its short, a special creature. There’s so
ble Island. The animals have of a tightly controlled tourism at- tem. Islands are some of the most thick coat and small stature, drew much myth and mystery around
stripped the island of almost all traction run by the federal agen- fragile ecosystems on the planet, a lot of attention at the park. He Sable Island. … He was a big draw
vegetation except for sea grass, cy. especially when non-native ani- didn’t look like the domestic for us and he captured the inter-
and as much as 10 per cent of the “Parks Canada seems to be lis- mals are introduced.” horses most visitors were used to, est of so many people.”
Leaders
by nature
With 160 years of exploration and research,
a scientific collection of 14.6 million specimens,
exhibitions touring worldwide, and a national
museum of international first-rank, the
Canadian Museum of Nature is Canada’s
steward for the natural world.
The Nature Inspiration Awards recognize
exceptional individuals and organizations
whose leadership, innovation and creativity
connect Canadians with nature and encourage
a pro-nature future.
Each of the 2019 Finalists is an inspiration,
encouraging us to preserve and protect nature.
Winners will be announced on November 13
at the Canadian Museum of Nature.
2019 FINALISTS
YOUTH
· Rebecca Hamilton
· Sophia Mathur
· Stephanie Quon
· Abhayjeet Singh Sachal
ADULTS
· Lindsay Bunce
· Heather Jeffery
· Jackie Lane Moore
· Laurence Packer
LIFETIME ACHIEVEMENT
· John Coope
NOT-FOR-PROFIT SMALL & MEDIUM
· Association Minière du Quebec
· Ecoschools Canada
· The Couchiching Conservancy
· Trans Canada Trail
· ZooShare Biogas Cooperative, Inc.
NOT-FOR-PROFIT LARGE
· Clean Foundation
· Second Harvest
BUSINESS SMALL & MEDIUM
· Abeego
· CleanO2 Carbon Capture
Technologies Inc.
· Sycamore Energy Inc.
BUSINESS LARGE
· Calstone Inc.
· Compass Group Canada
(Nature Café)
· Ontario Power Generation
· Starbucks Canada
Steel iceberg sculpture by Bill Lishman
Creative: STCstorytellers.com
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OT TAWA/ QU E BEC E D ITIO N ■ FR ID AY , O C TOBE R 4 , 2 01 9 ■ GLO BE AN DM AI L . COM
S&P/TSX DOW S&P 500 NASDAQ DOLLAR GOLD (oz.) OIL (WTI) GCAN 10-YR
16,369.03 26,201.04 2,910.63 7,872.26 75.02/1.3330 US$1,513.80 US$52.45 1.25%
+58.06 +122.42 +23.02 +87.01 -0.20/+0.0036 +5.90 -0.19 -0.06
[ TRADE ]
Linamar says
GM strike costing
up to $1-million
a day in profit
ERIC ATKINS
TRANSPORTATION REPORTER
RITA
TRICHUR
OPINION Foreign-owned shops were looted or destroyed when African migrants were attacked
during unrest in Johannesburg last month. MARIUS BOSCH/REUTERS
B
ack in 2016, when Manulife Bank paid a re-
cord $1.15-million penalty for breaking Cana-
da’s money-laundering rules, it cut a special
deal with the Financial Transactions and Re-
ports Analysis Centre of Canada – it was allowed to
keep its name a secret. That confidentiality agree- SoftBank’s bet on disruptive startups falters
ment raised eyebrows, especially after the lender
was outed in a media report, and its parent compa-
ny played down the breaches as “administrative re- Alibaba made billions bition stood out. tumbled more than 40 per cent from
porting violations.” His early bet on Chinese technol- their first day of trading in June.
Three years later, the federal government has fi- for Masayoshi Son, but ogy giant Alibaba Group Holding SoftBank’s critics said its invest-
nally made it mandatory for FinTRAC to publicly investors have shied away Ltd. earned a return of more than ments have poisoned the ecosystem
name all companies that pay financial penalties. from his recent ventures US$100-billion and cemented his for young companies by encourag-
Those changes aren’t retroactive, though, so Manu- reputation as a far-sighted investor. ing founders to take excessive risks
life is still not listed as a violator on FinTRAC’s web- He has outlined a 300-year plan to with little regard for building busi-
site. For that matter, it’s impossible to tell whether PETER EAVIS make SoftBank a leader in artificial nesses that can last through the ups
the watchdog has levelled any financial penalties on MICHAEL J. DE LA MERCED intelligence, robotics and downs of the econ-
anyone at all since its last public notice in May, 2016. and other advanced omy. They are hoping
That lack of transparency is just one reason that technologies. the WeWork debacle
Canada has earned a reputation for being soft on Anyone who has taken an Uber, sent But this year, his I’m hoping this will force investors to
financial crime. Our federal government has been a Slack message or enjoyed a free grand designs collided be more skeptical
complacent for decades, allowing regulators to be- beer at a WeWork owes a little some- with reality. is the tipping point about fast-growing
come too cozy with banks and other industry play- thing to Masayoshi Son. In what may turn that brings more companies. Even Mr.
ers. Numerous studies have warned that we’ve be- Through his Japanese conglom- out to be a reckoning sanity into the Son has acknowledged
come a haven for money launderers. Surely it’s now erate SoftBank Group Corp. and a for Mr. Son, Wall Street capital markets. that the businesses his
time for action. US$100-billion investment fund, has started running company invests in
The fact that ordinary Canadians are riled up Mr. Son plowed huge sums into from companies LEN SHERMAN need to become finan-
about dirty money inflating home prices in cities these and other companies that aim backed by SoftBank PROFESSOR AT COLUMBIA cially sustainable more
such as Vancouver and Toronto has our federal par- to change how people work, travel and its Vision Fund. BUSINESS SCHOOL quickly.
ty leaders smelling an opportunity to score points and live. His investments enabled The chief executive of “I’m hoping this is
with voters ahead of this month’s general election. the young companies to throw cau- WeWork stepped down this week af- the tipping point that brings more
Unfortunately, they’re calling for still more study. tion to the wind and run up big loss- ter a botched initial public offering. sanity into the capital markets,” said
Conservative Party Leader Andrew Scheer wants es as they expanded at a breakneck Uber Technolgies Inc.’s stock has fall- Len Sherman, a former senior part-
a federal inquiry into money laundering in the real pace in recent years. Even in the en nearly 30 per cent from its IPO ner at Accenture who is now an ad-
estate sector, and is proposing to spend $20-million startup world, where idealism is price in May. And shares in Slack junct professor at Columbia Busi-
over two years. abundant and losses a badge of Technologies Inc., which provides a ness School.
TRICHUR, B8 honour, Mr. Son’s approach and am- workplace messaging service, have SOFTBANK, B8
Constellation CEO
sees bright outlook
for Canopy Growth
despite big losses
ARMINA LIGAYA
WestJet, Sunwing inspect Boeing 737 per share of US$2.77 or earnings of US$2.72 a share on an
adjusted basis for what was the second quarter of its 2020
financial year.
NG aircraft after U.S. FAA directive That surpassed the US$2.60 a share in earnings expected
by analysts, according to the fi-
nancial markets data firm Refin-
itiv.
CALGARY any disruptions to its schedule. grounding of its Boeing 737 Max Constellation, which is Cano- New CBD product
The company did not say how aircraft in March. py’s largest shareholder, said it
many of its planes require inspec- The crashes in Ethiopia and In- earned US$2.91 per share on a offerings include skin
WestJet Airlines Ltd. and tion, but it has more than 40 of donesia killed a total of 346 peo- comparable basis, excluding the care and cosmetics,
Sunwing Vacations Inc. say they the Boeing 737 NG aircraft in its ple on board, including 18 Cana- pot producer’s equity losses. therapeutic creams,
are examining their fleets of Boe- fleet. dians. Constellation recognized a to- beverages, edibles,
ing 737 Next Generation aircraft Air Canada says it does not WestJet announced in Septem- tal loss of US$484.4-million in
for cracks after a United States have any of the Boeing 737 NG ber that it was removing 737 Max the quarter as its share of Cano- oils and softgels.
regulator ordered the inspec- planes. jets from its holiday schedule py Growth’s equity losses and re- Over all, we’re
tions. Air Transat flies two versions of while Air Canada warned the con- lated activities, or a loss of pleased with the
Calgary-based WestJet says it the 737 NG plane. The company sequences of the grounded jet on US$54.7-million on a comparable progress of the
has 43 aircraft that fall under an did not immediately respond to a its operations may ripple well in- basis.
inspection directive issued by the request for comment. to 2021. It also recognized a US$839- Canopy team and
U.S. Federal Aviation Administra- The FAA said in its directive Sunwing said in August that its million decrease in the fair value what they have
tion Thursday. that it estimates an airplane in- four Max jets will be absent from of its Canopy investments during done in the
The company says it has had spection for the problem would the rotation until mid-May, with the quarter ended Aug. 31. last few months.
no structural cracks in its 737 NG take about an hour. some 3,000 flights having been af- Constellation also noted that
fleet and expects minimal disrup- It said that if the cracking was fected during the summer alone. it has recognized a US$757-mil- BILL NEWLANDS
tions from the inspections. not addressed, it could lead to a lion unrealized net gain on a re- CONSTELLATION BRANDS
Sunwing Vacations said it had loss of control of the airplane. THE CANADIAN PRESS ported basis since its initial CHIEF EXECUTIVE
received the directive from the The inspection order comes as Canopy investment in Novem-
FAA and will be inspecting its fleet Boeing remains under scrutiny af- WESTJET (WJA) ber, 2017.
as appropriate, but didn’t expect ter two deadly crashes led to a CLOSE: $30.60, DOWN 4¢ Constellation’s latest financial results are the first since
the Modelo beer maker said in June that it was “not
pleased” with the pot producer’s earnings in which it re-
ported a wider-than-expected fourth-quarter net loss
attributable to shareholders despite a jump in revenue.
Great-West Lifeco policyholders vote to merge “However, we continue to aggressively support Canopy
on a more focused, long-term strategy to win markets and
with London Life, Canada Life under one name form factors that matter while paving a clear path to profit-
ability,” Mr. Newlands told analysts in June.
In August, Canopy reported a $1.28-billion loss or $3.70 a
CLARE O’HARA while companies explore oppor- ance policies issued by Great- share for the three months ended June 30, mainly owing to
tunities to create new streams of West Life, London Life and Cana- a non-cash loss of $1.18-billion on the extinguishment of
revenue. da Life. warrants held by Constellation.
Great-West Lifeco Inc. is set to The two brands to be retired – Policyholders will see a new Constellation says it recognizes its earnings or losses in
merge three of its well-known Great-West Life and London Life set of products added to existing connection with Canopy on a two-month lag.
Canadian subsidiaries under one – are renowned among insur- wealth and insurance products Mr. Newlands also said Thursday that he was “excited” to
roof as policyholders voted in fa- ance consumers, but in an inter- in 2020 and policy renewals after see that the U.S. House of Representatives recently passed
vour of the move that retires two view earlier this year with The the new year will be offered un- the SAFE Banking Act with a wide majority.
brands that have been in the Globe, CEO Paul Mahon said the der the new Canada Life. The bill, which still requires additional approvals, would
market for more than 170 years. move to operate under one Great-West Lifeco and its com- grant legal cannabis businesses at the state level access to
More than 90 per cent of pol- brand will simplify the business panies have approximately $1.4- banking in the U.S., where pot remains an illegal substance
icyholders of the country’s sec- by cutting back on regulatory ex- trillion in consolidated assets un- at the federal level.
ond largest life insurer voted in penses and requirements, reduce der administration and are part Canopy has struck a deal to acquire U.S. cannabis compa-
favour on Thursday to administrative and back-office of Power Financial Corp. The ny Acreage Holdings and enter the U.S. market, once feder-
amalgamate Great-West Life As- costs while positioning the firm merger will not affect the com- ally permissible.
surance Co., London Life Insur- for future growth. pany’s businesses in the United “While this bill also needs senate approval, it would de-
ance Co. and The Canada Life As- “We’re pleased [policyhol- States and Europe. liver access to traditional banking services to thousands of
surance Co. to operate as one ders] have recognized the many Great-West Lifeco’s other Can- legal cannabis businesses in the U.S. and shows positive
company under the Canada Life benefits of amalgamation and adian subsidiaries, such as mu- momentum in the legalization debate moving forward,” Mr.
brand. The parent company will have given us a strong mandate tual fund dealer Quadras Invest- Newlands said.
retain the Great-West Lifeco Inc. to proceed,” Mr. Mahon said on ment Services and Freedom 55
name. Thursday in a statement. Financial – which houses 2,375 THE CANADIAN PRESS
The amalgamation is expect- The move involves more than advisers – will also not be affect-
ed to occur on Jan. 1, 2020, and 13 million customers. The com- ed by the merger. CONSTELLATION BRANDS (STZ)
comes at a time when consoli- pany says the amalgamation CLOSE: US$194.26, DOWN US$12.53
dation continues to sweep won’t change any of the terms GREAT-WEST LIFECO (GWO) CANOPY GROWTH (WEED)
through the insurance sector, and conditions of existing insur- CLOSE: $30.40, DOWN 11¢ CLOSE: $31.14, UP $1.81
FRI DAY , OCTOBE R 4, 2019 | T HE GLO BE A N D MAI L O R EPO RT O N BUSINESS | B3
THANK YOU
to our sponsors for making
this summit a success
T
he backbone plays several our digital infrastructure, and we permit a more secure distributed- Canada, there is a prototype na-
crucial functions within the have invested very little in this. services environment. Imagine a tional identity recognition en-
human body: It protects The question therefore should world where Expedia could re- gine that has shown tremendous
the spinal cord and vital organs, be: If our national economic new your passport because both promise, yet remains but a mock-
gives structural support and pro- backbone is one based on indus- it and the Government of Canada up of what could be. There are al-
vides overall mobility. Our back- trial-aged concepts, what is a dig- abide by national digital identity so projects under way that cut
bones are essential to our very ital economic backbone? Simply protocols? It would be a world through public jurisdictions, as
existence. put, it is a citizen’s trusted digital where you reacquire the choice well as across private and public-
In the industrial age, a coun- identity. Countries such as Esto- and the control of the services sector entities to recognize one
try’s national economic back- nia, Portugal and Denmark have you want, where you want them, another’s digital identities. It is
bone was composed of the scale had digital identities for more and on the platforms or devices simply not enough, however.
of its work force as well as the than a decade. India has been of your choice. What this country needs is a
abundance of its natural re- providing its citizens with digital Furthermore, a digital identity bold new policy direction on dig-
sources. The problem is, we are identities for more than three is good for our national economy. ital nation-building. We need our
no longer in the industrial age years now. In its report titled The Economic leadership to understand that the
and haven’t been for quite some To be clear, a digital identity is Impact of Digital Identity in Can- industrial age built railways to
time now. but the first step in real digital ada, the Digital ID and Authenti- connect citizens, move goods
We have been in the digital age leadership. We should also be cation Council of Canada and expand the economy, and
for more than a decade, one talking about modern-day priva- (DIACC) estimates digital identi- that many countries have already
when the value of atoms and tan- cy laws, regulatory leadership, fa- ty could provide $4.5-billion of implemented their new digital
gibles has increasingly been re- cilitating the controlled introduc- annual added value to our small railways in an age of data.
placed by intellectual property, tion of machines in our everyday and medium-sized enterprises. “First to market” used to apply
data and intangibles. This shift lives, as well as a full set of digital This is not an exaggerated figure; to the private sector, now it ap-
occurred years ago, yet Canada rights for citizens. But the first, Estonia estimates its digital socie- plies to national economies in a
has done very little to provide its easier step may be to provide ty infrastructure provides an an- global, digitally connected world.
citizens with a digital backbone. Canadians with a digital identity. nual boost of 2 per cent to its Canada needs a digital identity
Meanwhile, the world around Currently we use analog iden- GDP. strategy that is funded, cross sec-
us has made the most of this dig- tity mechanisms in a digital Meanwhile in India, the World tor, and that is all-encompassing
ital opportunity. For example, world. We have driver’s licences, Bank estimates its digital identity in order to protect its citizens and
Airbnb produces more wealth health cards, passports and other could save the country more than guarantee continued growth in a
than any traditional hotel chain such mechanisms, but these out- US$1-billion a year by thwarting digital economy.
in the world with 90 per cent less dated identity models no longer corruption. Back home, the Simply put, Canada needs a
staff because it used the power of work. We go online without any DIACC estimates that the conser- digital backbone in a new digital
the internet to change the eco- protection; we interact with gov- vative value of digital identity to age.
Social responsibility and stakeholder demands define new risks for mining companies
PAUL MITCHELL
OPINION
C
anada’s mining and metals
sector is going through an
intense period of transfor-
mation. Digital advances aren’t
the only factors redefining the
sector’s future. Growing public
conversation and focus on social
responsibility are influencing de-
cisions at the executive table. For
the second year in a row, miners
cited licence to operate as the No.
1 risk and opportunity facing
their business.
A number of key elections and
resulting government changes or
potential ones to come – particu-
larly in Africa and Latin America –
are heightening this risk. Future
regulation around mining licenc-
es or royalties are unknown in
certain parts of the world as gov-
ernments face pressure to bal-
ance economic gains with the in-
terests of their people. End con-
sumers are increasing pressure
on the sector, demanding ethical
supply chains and a lower carbon
footprint. But it’s not just the gen-
eral public that’s increasing pres-
sure. Shareholders, and not just The work force’s future moved A truck arrives at a mine digital and data optimization – generate. That’s where data be-
ones we would traditionally de- up from seventh position in the in Eritrea operated by the third most pressing risk on come crucial.
scribe as “activists,” are driving risks-and-opportunities ranking Canadian company mining executives’ agendas. The Altogether, these top three
many miners to reshape their last year, and executives are grap- Nevsun Resources in data landscape is complex to nav- risks (and opportunities) paint a
portfolios. A growing segment of pling with what their future 2016. Miners cite licence igate and prioritize. Companies strong picture of an industry al-
ethical investors are demanding workers will look like and how to operate, the future have yet to understand fully what ready being disrupted and on the
greater transparency around en- they can attract the right skills of the work force and data are important and how to path to redefining its future.
vironmental, social and govern- needed to support their business- tackling digital and data extract value from them. These What’s known is the important
ance efforts. es. An EY study commissioned by optimization as the top are the basics the sector needs to role commodities will play in en-
What these trends all have in the Minerals Council of Australia three risks – and focus on. Digital transformation abling the world of tomorrow.
common is a particular percep- found that 77 per cent of occupa- opportunities – their isn’t about pushing the bounda- The greater question is how
tion of the sector. This “brand” tions in the sector will be en- businesses face. ries of innovation. It’s about rais- mining companies will stay rele-
problem isn’t new for miners. The hanced or redesigned by 2030 be- THOMAS MUKOYA/REUTERS ing the visibility and perform- vant and ensure they’re building
sector needs to be able to show cause of the introduction of tech- ance of the business by embrac- a better future for everyone.
how it’s prioritizing sustainable nological advancements. That’s ing available technologies and Those who answer this question
and inclusive growth to redefine an immense work-force shift, maximizing the value they can will stick around to live it.
its image as a responsible source made all the more difficult by in-
of the world’s minerals. Minerals creased competition for in-
that are critical not just to the dig- demand skills from the STEM dis-
ital age, but also the transforma- ciplines. Now, layer on the declin- DILBERT
tion under way to reduce carbon ing attractiveness of the sector
emissions and achieve the goals among students and you have a
of the Paris Agreement. Many serious problem. Miners need to
companies are already making convey their value to the next
strides toward a greener future generation in the same way they
for commodities, and there’s an are addressing investor concerns.
immense opportunity for greater The shaping of team culture,
collaboration around these is- building trust and developing
sues going forward. Creating clear learning pathways need to
long-term value through licence be at the heart of every mining
to operate will also set companies company’s vision of the future.
up for success in addressing the Addressing the future of work-
second greatest risk they face: the force concerns is also a necessary
future of the work force. step to tackling much-needed
FRI DAY , OCTOBE R 4, 2019 | T HE GLO BE A N D MAI L O R EPO RT O N BUSINESS | B5
Uber expands helicopter treated the USA very badly on Trade due to Tariffs, Trade
Barriers, and more. This case going on for years, a nice
victory!”
service in New York Washington said that, after 15 years of litigation, it would
impose 10-per-cent tariffs on Airbus planes, a move that
could hurt orders by U.S. airlines, and 25 per cent duties on
French wine, Scotch and Irish whiskies, and cheese from
Company makes private The move comes as helicopter trip. “We think that there are defi- across the Continent.
use is growing in the region, with nitely customers for whom The size and scope of the tariffs were reduced consider-
flights, for an average takeoffs and landings at New there’s a high value on time,” said ably from a $25-billion list floated by Washington this year
$200 or more, available York’s three major airports in- Eric Allison, head of Uber Elevate. that included helicopters, major aircraft components, sea-
to all riders with creasing 51 per cent from 2015-18, Uber sees the helicopter rides food and luxury goods.
according to data from the Port as a step closer to achieving its The U.S. Trade Representative’s office said it would contin-
iPhones between lower Authority of New York and New goal to eventually deploy a much ually re-evaluate the tariffs based
Manhattan and JFK Jersey. larger network of all-electric fly- on its discussions with the EU,
Some helicopter companies ing taxis, Mr. Allison said. but could increase the tariffs “at
are moving away from the exclu- Uber’s helicopters are owned any time, or change the products
CATHY BUSSEWITZ NEW YORK sivity of chartered rides, selling by and operated by a company affected.” If the American
the seat instead of the entire hel- called HeliFlite. The service is White House trader adviser Pe-
icopter, for what is essentially available weekdays from about 1 ter Navarro, speaking with Fox administration
Uber Technologies Inc. is giving ride-sharing in the sky. p.m. to 6 p.m. Business Network on Thursday, rejects the hand
riders the option to skip the traf- Blade Urban Air Mobility Inc., Groups such as Stop the Chop warned Europe against retaliato- that has been held
fic jam and hail a helicopter to the which offers shared helicopter have pushed to limit flights in ry measures since the U.S. tariffs out by France and
airport instead – provided they flights from Manhattan to air- New York, citing environmental were approved by the WTO.
can shell out the money. ports, the Hamptons and Nan- and health effects caused by hel- “There’s going to be no tit-for- the European Union,
The ride-hailing company ex- tucket, among other destina- icopters, which contribute more tat retaliation,” Mr. Navarro said. we are preparing
panded its helicopter service on tions, charges US$195 to the air- carbon dioxide to the atmo- “Under the rules of the WTO, ourselves to react
Thursday between lower Manhat- ports each way. Its riders can sphere than cars. Helicopter which we’re complying with with sanctions.
tan in New York and John F. Ken- book shared helicopter flights noise complaints increased from here, we get to do this and they
nedy International Airport, mak- through a smartphone app less 1,039 in 2018 to 1,589 in the first should not do anything back.” BRUNO LE MAIRE
ing it available to all Uber riders than an hour before takeoff. eight months of 2019, according But French Finance Minister FRENCH FINANCE MINISTER
with iPhones instead of just those Voom, owned by plane maker to New York’s 311 complaint line. Bruno Le Maire said preparations
in the top tiers of its rewards pro- Airbus, launched shared helicop- “If we’re going to start being were under way in Europe to react with sanctions.
gram. Uber hopes to deploy it to ter flights in San Francisco last more mindful of the planet, that’s “If the American administration rejects the hand that has
Android users soon. week. a good place to start, with heli- been held out by France and the European Union, we are
Uber’s helicopter ride will cost While Uber helicopters are far copters, because 99 per cent of preparing ourselves to react with sanctions,” he said.
US$200-US$225 one-way a more expensive than public tran- the use of it is completely unnec- His German counterpart, Olaf Scholz, told the mass-circu-
person on average, but the price sit and twice as much as some car essary,” said John Dellaportas, lation Bild newspaper the past few months had shown that
fluctuates depending on de- services that can cost US$100 or president of Stop the Chop. trade conflicts helped no one, adding, “Therefore we will re-
mand. Private helicopter flights, more during rush hour, the flight act to the new situation in a determined but considered way.”
where customers charter an en- time between lower Manhattan ASSOCIATED PRESS Britain said it was seeking confirmation from the WTO
tire vehicle, typically cost thou- and JFK is hard to beat: eight min- that it had complied with the organization’s rulings and
sands of dollars to fly to New utes. Uber cars will also pick up UBER (UBER) should not face tariffs. U.S. tariffs on European goods have
York-area airports. passengers on either end of the CLOSE: US$29.72, UP 72 US CENTS plunged Britain into a trade war between the United States
and the EU just as it plans to leave the 28-country bloc.
The Scottish Whisky Association said jobs and investment
were at risk from a 25 per cent tariff on single malt. Scotch
whisky exports to the United States, the industry’s biggest
Imperial Brands CEO to step down single market, were worth £1-billion ($1.64-billion) last year.
“Despite the fact that this dispute is about aircraft sub-
amid vaping backlash, profit woes sidies, our sector has been hit hard,” the association’s chief
executive, Karen Betts, said in a statement, urging restraint
from both sides.
SIDDHARTH CAVALE LONDON capture nearly three-quarters of “There’s no comment from Spanish vintners said their wine would cost too much in
the new market. her about why she is leaving and U.S. stores if tariffs were confirmed.
At the same time, a spike in it seems like they don’t have a Germany’s VDMA engineering association said it was dis-
Imperial Brands PLC chief exec- teenage use as well as a string of succession plan in place.” appointed the European Commission, the EU executive, had
utive Alison Cooper will step illnesses and deaths possibly Ms. Cooper, 53, has spent two not defused the row. “The current situation resembles a table
down once a replacement is linked to the devices prompted decades at the company and is tennis match,” said VDMA trade expert Ulrich Ackermann.
found, a move that comes as the the U.S. administration to ban one of just five female CEOs Spanish olives, British sweaters and woollens, and Ger-
cigarette maker grapples with a flavoured e-cigarettes. among Britain’s top 100 listed man tools and coffee were targeted in addition to British
regulatory backlash against e-cig- That has meant a double companies. Since Ms. Cooper be- whisky and French wine.
arettes and declining tobacco whammy for Imperial, which cut came CEO in May, 2010, Imperi- Cheese from nearly every EU country will also be hit with
sales. back on its 10-per-cent dividend al’s stock has fallen 2 per cent, the 25 per cent tariffs, but Italian wine and olive oil were
The departure of Ms. Cooper, growth target earlier this year to while sales have risen 8 per cent. spared, along with European chocolate.
who has led the maker of Davi- focus on developing its e-ciga- While the hunt for a new CEO Shares in European luxury goods, including British fash-
doff cigarettes for nine years, rette portfolio that includes Blu continues, Ms. Cooper’s focus ion brand Burberry, and drinks companies, such as France’s
comes days after it issued a full- e-cigarettes. will include the asset divestment Rémy Cointreau, rose on Thursday, after the tariffs excluded
year profit warning blaming the Last week, the company said program, from which the compa- cognac, Champagne and leather goods.
U.S. regulatory crackdown on that it was seeing a “marked ny expects to realize proceeds of
vaping. slowdown” in the growth of its e- up to £2-billion ($3.3-billion) by REUTERS
It also follows the impending cigarettes category, owing to the May, 2020, Imperial said.
departure of chairman Mark Wil- U.S. ban, as many wholesalers As part of the plan, the compa-
liamson, who in February an- and retailers were not ordering or ny is looking to sell its premium
nounced that he would step promoting their products. cigar business, that includes
down once a successor was
found, citing new British guide-
This also led the company to
cut its full-year revenue forecast,
brands such as Cohiba, Monte-
cristo and Romeo Y Julieta. The
BUSINESS CLASSIFIED
lines on the length of board chair sending its shares to a nine-year company said last week said the TO PLACE AN AD CALL: 1-866-999-9237
tenures. low. business had generated strong EMAIL: ADVERTISING@GLOBEANDMAIL.COM
The smallest of the four major “The timing of the move is cu- interest from a number of poten-
global tobacco players in the rious, given that the company as tial buyers and that it remains on
world, Imperial has been slow to well as the sector is facing some track to realize its proceeds tar- DIVIDENDS
react to the vaping craze in the serious headwinds as we move get.
United States, a market where it
generates nearly 30 per cent of its
into the end of the year and look
to 2020,” said Michael Hewson,
Shares of the company closed
up 0.55 per cent on Thursday.
Dividends
annual profit. This in part has al- chief market analyst at CMC Mar- Notice is hereby given that the following dividends have been declared.
lowed rival Altria-backed Juul to kets. REUTERS
Issuer Issue Record Date Payable Date Rate
Bank of Montreal Common November 1, 2019 November 26, 2019 $1.03
Bank of Montreal Pref “B”, Ser 25 November 1, 2019 November 25, 2019 $0.112813
BITCOIN MINER HUT 8 TO BE FIRST CRYPTOCURRENCY COMPANY Bank of Montreal Pref “B”, Ser 26 November 1, 2019 November 25, 2019 $0.176123
TO LIST ON TSX THROUGH SANDBOX INITIATIVE Bank of Montreal Pref “B”, Ser 27 November 1, 2019 November 25, 2019 $0.24075
Bank of Montreal Pref “B”, Ser 29 November 1, 2019 November 25, 2019 $0.2265
Bank of Montreal Pref “B”, Ser 31 November 1, 2019 November 25, 2019 $0.2375
TORONTO Canadian bitcoin ments of a main board listing last year when bitcoin was Bank of Montreal Pref “B”, Ser 33 November 1, 2019 November 25, 2019 $0.2375
miner Hut 8 Mining says it will except raising money through a trading at more than US$10,000 Bank of Montreal Pref “B”, Ser 35 November 1, 2019 November 25, 2019 $0.3125
be the first cryptocurrency- public prospectus, although it and saw its shares dip to as Bank of Montreal Pref “B”, Ser 36 November 1, 2019 November 25, 2019 $14.625
focused company listed on the has raised more than $100- low as 76 cents a year later Bank of Montreal Pref “B”, Ser 38 November 1, 2019 November 25, 2019 $0.303125
Toronto Stock Exchange thanks million through private place- when bitcoin was trading at Bank of Montreal Pref “B”, Ser 40 November 1, 2019 November 25, 2019 $0.28125
to a new initiative launched by ments and debt. about US$3,700. Bank of Montreal Pref “B”, Ser 42 November 1, 2019 November 25, 2019 $0.275
the exchange. The company, which is Mr. Kiguel says the listing on Bank of Montreal Pref “B”, Ser 44 November 1, 2019 November 25, 2019 $0.303125
The TSX Sandbox program already listed on the TSX Ven- the Toronto Stock Exchange Bank of Montreal Pref “B”, Ser 46 November 1, 2019 November 25, 2019 $0.31875
announced in April allows for ture Exchange, operates data will allow the company, which
some exemptions to listing centres in Alberta that earn is trading at around $2 a share,
requirements so that more bitcoin through verifying bit- to attract a wider investor base
novel or exceptional companies coin transactions by crunching including institutional DIVIDEND/DISTRIBUTION INFORMATION
may gain access to the ex- complex equations. investors. The following dividends/distributions have been declared.
change. The value of the company Hut 8 will begin trading on Company Issue Record Date Payable Date Rate
Hut 8 chief executive An- has fluctuated along with the the Toronto Stock Exchange on Shaw Communications Inc. Class A Shares October 15, 2019 October 30, 2019 $0.098542 CAD
drew Kiguel says the company price of bitcoin. Oct. 8. Shaw Communications Inc. Class B Shares October 15, 2019 October 30, 2019 $0.09875 CAD
has met all the key require- Hut 8 listed at $5 in March THE CANADIAN PRESS
B6 | RE P O RT O N BUS I NES S O TH E G LO B E AND M AIL | FR IDAY , OC TOB ER 4, 2019
frey R. Smith, the Caisse’s senior two years, with Bird and rivals, in- The Caisse, with $327-billion in
managing director, digital invest- cluding Neutron Holdings Inc.’s net assets, is one of Canada’s
ment strategy, in a release. He Lime, drawing hundreds of mil- most active funders of technolo- LEXPERT
added the investment supports lions of dollars of investment gy companies, with a particular
the investment giant’s commit- from the likes of Bain Capital, Ub- focus on Canadian scale-up com- Canada’s electricity sector is fundamental to our strong econ-
ment “to take part in the transi- er Technologies Inc. and Sequoia panies and startups in the artifi- omy and high standard of living. As a sector that provides an
tion toward a less carbon-inten- Capital. cial intelligence space. essential service, it faces intense scrutiny from a myriad of
stakeholders, including federal, provincial and municipal levels
of government; regulatory bodies; policy makers; and con-
sumers.
SPIRIT AEROSYSTEMS EMERGES AS FRONTRUNNER FOR As the sector continues to evolve, so, too, will opportuni-
BOMBARDIER’S BELFAST, MOROCCO PLANTS, SOURCES SAY ties, crises, regulatory structures, production and distribution
models, as well as consumer expectations.
The electricity sector is subject to a vast network of issues
Spirit AeroSystems Holdings for the plants has not been aviation businesses to focus on that extend far beyond the tangible matter of keeping the
Inc. has emerged as the front- concluded and talks could more profitable corporate jets lights on. What are the implications of present and potential
runner to acquire Bombardier break off, said one of the and passenger rail cars busi- changes for our clients, their contracts, financial matters and
Inc.’s aerostructures facilities in sources, who discussed the nesses. attendant policies? Effective change agents must navigate
Belfast and Morocco, two private negotiations on condi- Reuters could not ascertain a intangibles and propose practical solutions.
sources familiar with the mat- tion of anonymity. value for the deal. Linda L. Bertoldi and Stephanie Hart of Borden Ladner
ter said. Bombardier said in May it Spirit, which analysts have Gervais LLP describe a sector in motion at www.lexpert.ca/
A deal for the plants would would sell off the two aero- speculated as a possible buyer globe.
be strategic for U.S. aerospace structures operations, including for the plants, has said publicly
components maker Spirit, a wing-making facility in Bel- its acquisition criteria includes Follow @Lexpert on Twitter.
which is diversifying its cus- fast, as the Montreal-based diversification away from Boe-
tomer base. But an agreement company sheds its commercial ing Co. REUTERS
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FRI DAY , OCTOBE R 4, 2019 | T HE GLO BE A N D MAI L O CYBERSECURITY B7
C
ybersecurity has become Faruki, a partner in the enterprise
one of Canada’s biggest risk group at Deloitte Canada and
business concerns in recent participant on the second panel
years. According to Robert Gor- of the day, The Cybersecurity
don, executive director of the Tech Crunch. Nearly three-quar-
Canadian Cyber Threat Ex- ters of Canadian executives say
change, a non-profit organiza- they’ll need to bolster their team
tion established to help Canadian of cybersecurity staff in the com-
businesses guard against data ing years, and Mr. Faruki argued
breaches, cyberattacks are the for approaching this talent search
second most common perceived a different way.
threat among business leaders in “Principally most of the skills
Canada, falling only behind busi- and talent coming into the work
ness interruptions, a product of force are coming out of the IT [in-
cyberattacks. formation technology] world …
No matter how you look at it, and while those are critical skills
cyberattacks are on the minds of to keep the lights on and respond
Canadian businesses, he said dur- to the issues, what we discovered
ing his keynote address at Cyber- Serge Bertini, seen speaking at the Cybersecurity for Business Leaders event at The Globe and Mail Centre in was that cyber is not just an IT
security for Business Leaders, an Toronto along with panelist Melissa Hathaway, centre, and moderator Dawn Calleja, says businesses need to problem; it’s more than likely a
event recently held at The Globe plan for the worst-case scenario: a hack that causes a company shutdown. GLENN LOWSON/THE GLOBE AND MAIL business problem,” Mr. Faruki
and Mail Centre in Toronto. said.
In the average office building, Strike Holdings Inc. strong passwords and educating and the regulators that you’ve got He argued that soft skills, such
Mr. Gordon said, there are “30 or “People think it’s just IT. It’s employees so they know what a things well in hand?” as communication and creative
40 different control systems. not IT. IT is here to help you. malicious e-mail or link looks But a strong plan for recovery thinking, are just as valuable for
Eighty per cent of those are hook- When you look at this, it’s the re- like. is not enough. handling cyberattacks than tech-
ed up to the internet, which sponsibility of all the executives Panelist Melissa Hathaway, Companies must also figure nical ones. “The pool of talent
means every one of those is sub- in this room to decide, ‘How is my president of Hathaway Global out why they’re getting hacked in that we can go after as a commu-
ject to a cyberattack by someone. business growing?’ And what Strategies and former White the first place in order to prevent nity to fill those roles, if we define
“Everything we do, everything would happen if something hap- House cybersecurity adviser, add- it from happening again. Ms. them well and truly understand
we are is now connected to the in- pened to my computers and I ed that a strong cybersecurity Hathaway cited an example of a them, expands so much,” Mr. Fa-
ternet. You’re vulnerable just be- don’t have access to it any more?” road map is one that takes into company that was hacked repeat- ruki said.
cause you’re connected to the in- Mr. Bertini said during the first account international cyber-reg- edly over the course of several Panelist Leah Nord, director of
ternet. Sometimes you’re going panel discussion of the morning, ulations. This is especially impor- months. Each time they swiftly skills and immigration policy at
to be a target because they’re Executive Checklist: Top ques- tant for companies operating in cleaned up the mess, but without the Canadian Chamber of Com-
coming after you specifically. tions for business leaders to as- multiple jurisdictions, each of understanding the root cause of merce, suggested Canadian busi-
Sometimes it’s opportunistic: sess their risk exposure. which has different sets of cyber- the hack, they inevitably left nesses use professional skills
You just happen to be connected He said business leaders need laws. themselves vulnerable to future training to regularly keep their
to the internet; they just happen to establish a backup plan and She also underscored the im- attacks. staff up to date on preventing and
to find one of your devices on- budget in the event of the worst portance of a thorough commu- It’s not a matter of whether a responding to data breaches.
line.” case: a company shutdown nication plan in the event of a cyberattack will happen, Ms. “We have to get better at artic-
Speakers agreed that employ- caused by a hack. He suggested cyberattack. “This may be the Hathaway said, “it’s just a ques- ulating what we need,” she said.
ee education, knowledge sharing considering questions such as: most important thing of how tion of when you’re targeted and “We can say we’re not getting the
and collaboration across teams “How long can I go down for? companies handle it well and for what purpose.” A growing grads we need. Well, then, what
within a company are vital to pre- And what’s the impact to my how companies don’t handle it number of companies are now do those grads look like?
paring for and handling the after- business? well,” Ms. Hathaway said. “How looking to hire cybersecurity pro- “Micro-credentialing, blended
math of attacks. Cybersecurity is “Simple things will go a very you will communicate from in- fessionals to better equip them to learning, online credits: Your
“everybody’s problem,” said long way in protecting your sys- ternally to the company, how do handle the threat of cyberattack. training dollars could go miles
Serge Bertini, vice-president of tem,” Mr. Bertini said, highlight- you mobilize everybody to re- According to a 2019 Deloitte re- starting there.”
sales in Canada for cybersecurity ing the importance of basic store? And then externally, how port (The changing faces of cy-
technology company Crowd- cyberhygiene, such as using do you ensure your customers bersecurity: Closing the cyber Special to The Globe and Mail
WWW.CROWDSTRIKE.COM
B8 | RE P O RT O N BUS I NES S O TH E G LO B E AND M AIL | FR IDAY , OC TOB ER 4, 2019
Linamar: Strike has already cost GM more than $1.1-billion, analyst says
FROM B1 ines transmission line are unre- since the strike began, compared
lated to the strike, and both sites with a 4-per-cent drop on the
Most of Linamar’s Canadian pro- are scheduled to be running on benchmark U.S. stock index, the
duction is shipped to plants in the Monday. S&P 500.
United States, Ms. Hasenfratz The number of temporary lay- Martinrea’s share price fell by
said, adding the company does offs at GM suppliers is not known, nearly 4 per cent on Thursday,
not serve GM’s Oshawa assembly but is believed to be in the thou- bringing the decline to 13 per cent
lines, which are slated to close in sands. Unifor, the union that rep- since the GM strike started.
December. resents GM workers in Ontario, Magna’s share price fell more
Ontario’s auto-parts makers has said 1,700 members have than 1 per cent on Thursday, for a
employ about 100,000 people been sent home from the compa- drop of about 5 per cent since the
and sell $18-billion in compo- nies that serve the Oshawa plant. strike began.
nents to U.S. manufacturers. GM The list of companies that have Linamar’s update included
is a major customer for the com- laid off workers includes Lakeside warnings of slower sales in its two
panies in Ontario and elsewhere. Plastics, Martin Transportation other markets, construction
The U.S. strike by the UAW shut Systems Inc., Lear Corp., Ceva Lo- equipment and farm machinery,
down more than 50 factories and gistics, Syncreon and Oakley In- owing to global trade uncertainty
warehouses in the United States. dustries. and a decline in business spend-
GM’s Ontario operations soon The UAW, which is seeking bet- ing. In the automotive market, Li-
came after, owing to the ter wages, job security and work namar noted the global vehicle
interconnected nature of auto- A worker operates a gun drill on an assembly line for Volvo truck parts for idled U.S. plants, said on Tues- production forecast from IHS
making. at the Linamar factory in Arden, N.C., in May, 2017. Linamar’s share price day it rejected GM’s latest offer as Markit Ltd. for all manufacturers
Production has halted at two fell by 10 per cent on the TSX on Thursday after it unveiled it is losing as insufficient. in the third quarter has been cut
of three GM factories in Ontario. much as $1-million a day as a result of the GM workers’ strike. JPMorgan analyst Ryan Brink- by 1.1 million units to 21.2 million.
About 2,000 hourly workers have MIKE BELLEME/THE GLOBE AND MAIL man said in a research note the Peter Sklar, a stock analyst at
been laid off at the Oshawa plant, strike has already cost GM more Bank of Montreal, said investors
which makes Chevrolet Impalas GM’s Ingersoll plant, which and 300 transmission assemblers than US$1.1-billion, and the De- overreacted to Linamar’s update
and GM pickup trucks. Engine makes the Chevrolet Equinox in St. Catharines on layoff, said troit-based automaker loses on the strike impact. He said he
production at the powertrain SUV, is closed this week for sched- Jennifer Wright, a spokeswoman US$82-million in profit every day has cut Linamar’s expected profit
plant in St. Catharines has stop- uled inventory management. The for GM. it drags on. for the third quarter by 26 cents a
ped, putting 700 workers on tem- move, announced in the summer, Ms. Wright said the shutdowns GM’s stock price has fallen by share, putting the strike’s impact
porary layoff. has put 2,300 workers in Ingersoll in Ingersoll and at the St. Cathar- about 13 per cent in New York at 13 cents a share, or $13-million.
Softbank: Prospect of sizable losses has raised doubts over Son’s investment style
FROM B1 (Apple declined to comment shop in Tokyo called SoftBank in Bank’s biggest forays into the ed less than an hour. In January of
on the fund and a Microsoft 1981 and built it into a technology United States: the 2013 acquisi- this year, the last time SoftBank
SoftBank and the Vision Fund spokesman said the company’s and telecommunications con- tion of a controlling stake in invested in the office-space com-
now face the prospect of harsh participation had not changed glomerate. His wealth swelled Sprint Corp., the struggling wire- pany, the two sides agreed to val-
write-downs on some of their in- since the July announcement.) during the dot-com boom, with- less company. ue the company’s shares at
vestments. WeWork and its advis- A spokeswoman for SoftBank ered in the early 2000s and slowly Mr. Son paid US$21.6-billion US$47-billion, up from the
ers considered selling shares in its declined to comment. recovered as SoftBank became and took on billions more in debt US$20-billion they said the busi-
public offering at a valuation as Mr. Son, 62, built his business one of Japan’s biggest cellphone to buy the company. But he pre- ness was worth in 2017.
low as US$15-billion, well below empire on huge bets and an un- companies. dicted that SoftBank would help Another major flaw with Soft-
the US$47-billion valuation at shakable belief in his own convic- The Vision Fund has hit some Sprint overtake its bigger rivals, Bank’s approach, critics say, is
which SoftBank most recently in- tions. One frequently told story home runs. The fund earned a Verizon Communications Inc. that it imposes few constraints on
vested in the company in January. about him is that he once threat- roughly US$1.5-billion return on and AT&T inc., in part by upgrad- founders of the companies it in-
If the stock market does value We- ened to set himself on fire in the its 2017 investment in Flipkart, an ing the company’s network to de- vests in. Corporate governance
Work at US$15-billion, SoftBank offices of a Japanese telecom reg- Indian e-commerce company, liver the better services and faster experts were aghast when they
could be forced to take a US$2-bil- ulator unless policy makers gave when Walmart Inc. acquired that speeds. Yet, that promise remains learned of some of the conflicts of
lion loss on its investment in the him what he wanted. He was one business last year. Despite mis- just that. Excluding accounting interests at WeWork that Mr. Son
office space business, according of the first corporate moguls to steps such as WeWork, the fund changes that boosted Sprint’s and SoftBank tolerated. For ex-
to analysts at Bernstein. visit president-elect Donald might only need a few bets that earnings, the company’s bottom ample, the company rented space
The prospect of such sizable Trump in 2016, promising to in- pay off big to make up for losses line has stayed roughly flat under in buildings partly owned by Mr.
losses has cast a cloud over Soft- vest US$50-billion and create elsewhere, said Tom Nicholas, a SoftBank, said Craig Moffett, a re- Neumann. (The stakes were later
Bank and raised doubts about Mr. 50,000 jobs in the United States. professor at Harvard Business search analyst at MoffettNathan- assumed by a WeWork affiliate.)
Son’s investment style. And that, (The pledge was based on exist- School. son. Mr. Son’s chosen startups may
in turn, could undermine his ef- ing investments that SoftBank “That said, when you invest at Analysts say one of the biggest also lack discipline because he
fort to raise an estimated US$108- had already planned to make.) high valuations – as SoftBank is problems for the company is that lavished hundreds of millions or
billion for a second Vision Fund. Born to a family of Korean de- prone to doing – it puts a lot of its enormous investments in star- billions of dollars on them before
SoftBank said in July that it ex- scent, he grew up in Japan and pressure on the fund to generate tups have pushed up valuations they had even figured out what
pects Apple, Microsoft and other studied computer science at the truly outsized returns from the for young companies to levels customers really wanted and how
companies to contribute to the University of California, Berkeley, successful portfolio invest- that no other investors are willing to turn a profit, said Bill Aulet, a
new fund, but the most impor- where he made his first foray into ments,” Prof. Nicholas said in an to pay. WeWork is a prime exam- professor at MIT Sloan School of
tant investors in the first fund – business – creating an electronic e-mail. ple. Mr. Son first agreed to invest Management. “Hungry dogs hunt
Saudi Arabia and Abu Dhabi in translator that he sold to Sharp Several of Mr. Son’s invest- in that company after a 2016 best,” he said.
the United Arab Emirates – have Corporation. ments have been disappoint- meeting with its founder and
yet to commit to it. He started a computer-parts ments, including one of Soft- CEO, Adam Neumann, which last- NEW YORK TIMES NEWS SERVICE
Africa: Anti-foreigner attacks in South Africa appear to have intensified in recent years
FROM B1 killed. Foreign-owned shops were Khumbudzo Ntshavheni, told a “regrettable” and would violate Catherine Grant Makokera, a
looted or destroyed, and hun- Johannesburg radio station. South Africa’s commitments un- trade policy expert at Tutwa Con-
The agreement seeks to create dreds of African migrants fled in- “Government cannot account der the new African free-trade sulting Group in Johannesburg.
the world’s biggest free-trade to shelters or returned to their for the businesses done by for- agreement and existing regional The waves of anti-foreigner at-
zone, covering 55 countries and home countries in fear of attack. eign nationals in the country, trade agreements. tacks in South Africa, which date
1.2 billion people. The Canadian The violence led to reprisal at- and the majority of the money In another recent example of back more than 10 years but have
government, which financed an tacks on supermarkets and cell- they make is not banked in our trade restrictions, Nigeria unilat- seemed to intensify in recent
African trade policy centre that phone providers owned by South banking system.” erally closed its borders with Be- years, are another impediment to
was instrumental in negotiating African companies in Nigeria. The planned ban is a response nin and Niger in late August, African free trade. Wamkele
the trade deal, has voiced strong The two countries are scram- to vocal complaints from many complaining of chronic smug- Mene, the chief South African ne-
support for the agreement. bling to repair their frayed rela- South Africans, including those gling. The effect on local traders, gotiator for the continental trade
Studies suggest the trade deal tions. In a state visit to South who have led violent attacks on who could no longer get their agreement, told a panel discus-
could boost internal African Africa on Thursday, Nigerian foreign-owned shops. They allege products into the country, was sion on Thursday that the anti-
trade by 52 per cent over the next President Muhammadu Buhari that migrant shopkeepers are un- devastating. And in a third exam- foreigner violence has a “political
three years. The goal is to remove met with his South African coun- regulated and too dominant in ple, Rwanda and Uganda closed impact” on South Africa’s trade
all tariffs from 90 per cent of Afri- terpart, Cyril Ramaphosa, and the impoverished townships their border for about six months negotiations, even if it doesn’t
can trade within the next five the two presidents pledged to where millions of South Africans this year because of political ten- have a legal impact.
years for most countries, and boost the level of trade and in- live. sions between the two countries. In an attempt to defuse the
within 15 years for all countries. vestment between their two Many shops in Johannesburg In other African countries, tensions, Mr. Ramaphosa has dis-
But the obstacles to the trade countries. are now operated by “somebody border crossings are lengthy and patched envoys across Africa to
agreement have already been ex- But just days earlier, Mr. Ra- you do not know,” Ms. Ntshavhe- time-consuming. At the border apologize for the anti-foreigner
posed in rising tensions between maphosa’s government had an- ni said. She complained that for- between Kenya and Tanzania, attacks and to insist that South
South Africa and Nigeria, the two nounced it is drafting legislation eigners have taken over the trucks must often wait for several Africa is not xenophobic.
biggest economies on the conti- to prohibit foreign nationals small-business sector and refuse days to clear the bureaucratic But South Africa has made
nent. from operating in certain sectors to employ South Africans – an al- hurdles, despite a regional free- similar apologies in the past, and
The tensions were fuelled by of the economy. It did not dis- legation refuted by studies of the trade agreement. the patience of other African
violent attacks on African mi- close which sectors. sector. There are “massive” challeng- countries is waning. After the lat-
grants in Johannesburg last “We want to strengthen the Peter Leon, an Africa expert at es to the goal of reducing the est anti-foreigner attacks, African
month, sparking clashes in protection for the locals,” South Herbert Smith Freehills law firm, non-tariff barriers that impede outrage at South Africa was
which at least 12 people were Africa’s small-business minister, said the planned legislation is African trade, according to fiercer than ever.
Trichur: FinTRAC has only penalized one domestic bank in almost 20 years
FROM B1 parliamentary procrastination. closing the names of those finan- ency International Canada.
Before the next federal govern- cial institutions and sharing de- The RCMP, meanwhile, shut-
The NDP and Green Party have ment spends a dime of taxpayer The fact that at least tails about those infractions. And tered its national proceeds of
voiced support for a national in- money on a national inquiry, it although FinTRAC and OSFI have crime and commercial crime sec-
quiry, while the Liberals are vow- should dust off existing reports three federal parties started conducting concurrent tions in 2012, the very unit that
ing to fight financial crime, in and enact some common-sense are pushing for a examinations, regulators still en- specializes in money-laundering
part, by cracking down on tax solutions. national inquiry at gage in turf wars. investigations. And when no one
evasion and by creating a nation- It should start with cracking this juncture proves Equally troubling, FinTRAC’s in Ottawa blinked, our federal po-
al registry to unmask real estate down on our regulators’ kid-glove maximum criminal penalties for lice ended up taking a five-year
investors who use shell compa- treatment of Canadian banks. just how clued-out noncompliance – up to $2-mil- break from investigating white-
nies. (The NDP is also proposing a FinTRAC, which was established our politicians lion and/or five years imprison- collar crime altogether. Although
similar database and a new $20- in 2000, has only ever penalized continue to be ment for failing to file a suspi- the Mounties are now under pres-
million money-laundering unit one domestic bank in almost 20 in 2019. cious-transaction report, for in- sure to restore their lost expertise,
for the RCMP.) years. That’s shocking consider- stance – are a pittance for banks a recent review in British Colum-
The fact that at least three fed- ing that domestic banks have a that earn billions of dollars each bia found the RCMP didn’t have a
eral parties are pushing for a na- “very high vulnerability rating” year. There are other glaring prob- single dedicated officer investi-
tional inquiry at this juncture for money laundering, according lems: FinTRAC has no oversight gating money laundering in the
proves just how clued-out our to a 2015 threat assessment by the of some professionals that assist province earlier this year.
politicians continue to be in 2019. Department of Finance. with real estate deals, including Revelations such as these
Report after report from domes- Canada’s top banking regula- lawyers. And while notaries in make it hard to believe that Cana-
tic and international sources have tor, the Office of the Superintend- British Columbia fall under the da is a Group of Seven country
outlined in painstaking detail nu- ent of Financial Institutions, has watchdog’s purview, those in and a member of the Five Eyes in-
merous weaknesses in Canada’s separately recorded 72 failures of Quebec do not. And while the Lib- telligence-sharing alliance. And
anti-money laundering regime – anti-money laundering controls erals and the NDP are proposing it’s even harder to believe that
and in a lot more sectors than just at domestic banks between 2009 national registries to expose ben- politicians are calling for more
real estate. The last thing Canada and 2014 alone, according to The eficial owners, they need to en- study, instead of action. Now is
needs is another costly navel-gaz- Wall Street Journal. But federal sure that such databases are pub- time for solutions, not more tax-
ing exercise that enables more law still prohibits OSFI from dis- lic, as recommended by Transpar- payer-funded introspection.
The Road
Ahead
Report on Business Cannabis Professional goes
cross-country to find where Canadian cannabis is headed
With a year of legal cannabis behind us, Report on Business Cannabis
Professional is assessing what the industry’s evolution spells for consumers
and cannapreneurs.
Reporter Jameson Berkow will be travelling across the country starting in
Vancouver on September 25 and ending in St. John’s on October 17—
exactly one year after the first gram of legal weed was sold in Canada.
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GLOBE INVESTOR
Regulators Stocks prices adjust lower
for slow-growth world
pass investor SCOTT
U.S. EQUITIES NO LONGER IMMUNE
protection rules BARLOW
OPINION
30%
S&P 500 year-over-year % chg. ISM Manufacturing New Orders Index
70
25
INSIDE THE MARKET 65
Reforms require advisers to put clients’ 20
interests first when considering investments,
G
lobal equity markets were 15 60
but advocates say changes aren’t enough treading water for much of
September as signs of a 10
slowdown in worldwide econom- 55
CLARE O’HARA WEALTH MANAGEMENT REPORTER ic growth continued to mount. 5
Then came October, and that 0 50
complacent tone changed.
C
anadian securities regulators have approved a set of An extremely weak reading on -5
investor protection rules that aims to hold advisers U.S. manufacturing activity on 45
-10
accountable for the investment decisions they make Tuesday sent equities into a two-
for clients, but investor advocates say the changes fall day tailspin that saw the S&P 500 -15 40
short. drop 3 per cent and the S&P/TSX ‘14 2015 2016 2017 2018 2019
Known as client-focused reforms, the set of rules requires Composite decline by 2.1 per cent.
financial advisers to put clients’ interests first when deciding On Thursday morning, the S&P MSCI World Index year-over-year % chg. JPM Global Manufacturing PMI index
on which investments best suit their needs and do more to 500 quickly dropped another 1 30% 55
clarify what investors should expect from their advisers. per cent as traders reacted to
“Taken together, these changes mean better protection for news that the services sector was 25
54
retail investors across Canada, and a high and uniform stan- starting to deteriorate as well, be- 20
dard of conduct for all registrants,” said Louis Morisset, chair fore mounting a recovery and fin- 53
of the Canadian Securities Administrators. ishing up 0.8 per cent on the day. 15
Part of the changes expand requirements on the type of The Institute for Supply Man- 10
52
information advisers need to collect before assessing what is agement’s U.S. Non-manufactur-
5
a suitable investment recommendation for a client. Docu- ing Index slipped in September to
0 51
ments known as “know your client” and “know your prod- a lower than expected 52.6, from
uct” will add more questions on an investor’s profile, includ- 56.4 in August, the lowest reading -5 50
ing personal circumstances not limited to financial circum- since August, 2016, and signalling
stances, a client’s investment knowledge, a client’s risk toler- that slower global growth, rising -10
49
ance and the investment time horizon. trade tensions and persistent un- -15
However, investor advocates say the changes are too wa- certainties may now be spilling
-20 48
tered down, without any real checklist of what can and can- into services industries.
not be done by investment advisers. “Obviously, it’s good for The U.S. economy had been re- ‘14 2015 2016 2017 2018 2019
a client to have a sense of what they are getting relative to silient through most of this year JOHN SOPINSKI/THE GLOBE AND MAIL SOURCE: SCOTT BARLOW; BLOOMBERG
what they are paying,” said John De Goey, a portfolio manag- despite flagging growth overseas.
er with Wellington-Altus Private Wealth. “If an ounce of pre- This week’s negative data surpris- Wednesday. “We stay cautious on JPMorgan Global Manufacturing
vention is worth a pound of cure, then what I’d like to see is es were widely interpreted as a risk assets, maintaining an un- Purchasing Manager Index (also
something that forces [advisers] to comply with directives sign the American economy and derweight in global equities and updated this week). In the past,
and gives investor clients an unambiguous ‘smoking gun’ the S&P 500 are no longer im- global credit, and an overweight I’ve shown the strong connection
checklist of things to demand – with teeth.” mune from the global slowdown. in cash.” between this index and base met-
The rule amendments have taken several years of industry The focal point of the market’s Even before Tuesday’s data als prices. In this case, the close
discussions, which included two consultation papers and concern this week was Tuesday’s were released, Ms. Low’s col- relationship between global
public round tables. At the same time, the CSA proposed ISM U.S. Manufacturing Purchas- league Mike Wilson argued that manufacturing activity and the
changes in 2018 to ban certain investment fees charged to ing Managers Index (PMI), a com- the stock-market rally stage of the performance of global equities is
investors when they withdrew their funds early, known as pilation of survey results from business cycle is almost at an end. highlighted.
deferred sales charges, and curtail some commissions col- prominent U.S. goods providers In a research note Monday, he rec- It’s clear at this point that stock
lected by discount brokerages − or do-it-yourself investing who report monthly on business ommended going long on defen- prices are adjusting lower to re-
services. The proposal to ban certain fees was later opposed activity, hiring and new orders for sive investments while shorting flect the slower growth environ-
by the Ontario government and put on hold. products. high valuation, growth-oriented ment.
“These amendments don’t mean squat if the CSA contin- The ISM index level of 47.8 rep- stocks. So, what now?
ues to allow discount brokers to receive trailing commission resented a significant contraction It’s always dangerous to extra-
or advisers to sell DSC funds,” says Ken Kivenko, an investor- in U.S. business activity and, polate economic trends too far in-
rights advocate. “It’s hard to see how either of these can co- alarmingly, the worst result since The U.S. economy had to the future – in this case that
exist with these provisions as lightweight as they are.” late 2009. A reading above 50 in- would involve assuming eco-
The CSA says it will continue to review the proposal to ban dicates business growth. been resilient through nomic data would continue to get
certain fees and commissions. Investment fees continue to The importance of the ISM most of this year worse deep into 2020.
be under scrutiny for being some of the most expensive in manufacturing data to equity in- despite flagging growth In my view, Mr. Wilson’s obser-
the world. A recent Morningstar report showed Canada still vestors can be seen in the first ac- overseas. This week’s vation that the outperformance
scored below average in an international ranking of how companying chart. The blue line of defensive market sectors sig-
much mutual-fund investors pay in fees. It’s common for plots the most forward-looking negative data surprises nals the end of the business cycle
Canadian investors to pay about 2 per cent annually to hold component of the broader PMI – were widely interpreted provides investors with a key
mutual funds sold by advisers. new orders for goods. as a sign the American trend to watch closely. The longer
Fees need to be factored in when looking at what is in the The chart, showing monthly economy and the S&P consumer staples, utilities and re-
best interest for a client, but it is not the ultimate factor, said data to Sept. 30, underscores the al estate stocks lead the market,
Mr. Morisset, who is also the president of Autorité des mar- consistent and strong correlation 500 are no longer the more portfolio derisking – re-
chés financiers. “You can definitely put your clients’ interests between the S&P 500 and PMI immune from the global ducing high valuation, volatile
first in recommending a product that has some fees that are new orders. While latest reading slowdown. stocks and adding to cash posi-
higher than another product, but the features of the product of the ISM Manufacturing New tions, for example – will be re-
may be more convenient or suitable for the client. Orders Index latest is up – by a Defensive sectors such as util- quired to sidestep an impending
“[Advisers] will need to consider the fees but also all other blip – it remains in contraction- ities, consumer staples and high- bear market.
aspects to recommend the most suitable products available.” ary territory and explains why quality real estate usually outper- A resumption in global growth
The rules will come into effect at the end of 2019 and apply stock prices reacted so harshly to form in the market cycle’s late – possibly as a result of success in
to all advisers, investment companies and representatives, the broader negative data sur- stages. Mr. Wilson’s reference to U.S.-China trade negotiations –
including those who are members of the Investment Indus- prise and why many strategists shorting high valuation stocks is would see defensive sector re-
try Regulatory Organization of Canada and the Mutual Fund are signalling caution. an allusion to expensively valued turns fall back relative to the
Dealers Association of Canada. The CSA says the changes will The PMI number “reaffirms technology companies. overall market. That would signal
be transitioned in phases over a two-year period and it in- our expectation of a weaker The second accompanying an extension in the post-finan-
tends to develop additional reforms to address other indus- growth outlook,” commented chart emphasizes the global na- cial-crisis market rally and a far
try standards, including reviewing proficiency standards, re- Morgan Stanley strategist Want- ture of the economic slowdown. more positive investing back-
ferral arrangements and professional titles and designations. ing Low in a research report on The blue line represents the drop.
Canadian tax law isn’t always kind to spouses and common-law partners
TIM THE FACTORS ping, household maintenance spouse or CLP, or any unmarried Canada Child Benefit (CCB):
CESTNICK Two individuals are CLPs if they and other domestic tasks? children under age 18. Single adult This benefit is available to Cana-
have been living together in a con- Social: Do you participate to- folks are entitled to their own ex- dian families with children, but is
OPINION jugal relationship 12 continuous gether or separately in neighbour- emptions. reduced by adjusted family net in-
months or longer. What, exactly, hood or community activities? Private company rules: If you come and so could be reduced if
is a conjugal relationship? The an- What is your relationship and own a private company, having a you have a spouse or CLP who
TAX MATTERS swer to this question matters, be- conduct with members of your re- spouse or CLP who also owns earns income.
cause it can affect which tax rules spective families? their own corporation could re- Child-care expenses: Gener-
FCPA, FCA, CPA(IL), CFP, TEP, author, will apply to you. There is no Societal: What is the attitude sult in the companies being asso- ally, these expenses must be
and co-founder and CEO of Our shortage of folks who try to gain and conduct of the community ciated if either of you also owns 25 claimed on the tax return of the
Family Office Inc. tax advantages by claiming to be toward each of you as a couple? per cent or more of the other’s lower-income spouse or CLP,
CLPs – or not – as it suits their tax Economics: What are the fi- corporation. Associated corpora- which can reduce the benefit of
A
couple we know are having situation. nancial arrangements between tions have to share the $500,000 the deduction.
some marriage problems. There are certain factors that you regarding payment for the ne- small business limit normally Home Buyer’s Plan: As a first-
To improve their marriage, have been established by the cessities of life (food, clothing, available to reduce the tax rate on time home buyer, you may not
they talked about doing more courts to be relevant in determin- shelter, etc.)? What are the ar- the first $500,000 of active busi- qualify to make withdrawals from
things together, so they agreed ing whether you’re a CLP. These rangements around the acquisi- ness income. Further, if you re- your registered retirement sav-
that exercising would be good for factors get very personal, as you’ll tion and ownership of property? ceive dividends, interest or bene- ings plan (RRSP) under the Home
them. “How’s that going?” I asked see, but if the taxman has con- Children: What is your atti- fits from a corporation in which Buyer’s Plan if your spouse or CLP
the wife. “Well, if jumping to con- cerns about your status, a discus- tude and conduct regarding any your spouse or CLP has a signifi- has owned a home, in which you
clusions, stretching the truth and sion about some of these factors children? cant interest (more than 10 per lived, in the four preceding years.
running up bills can be called ex- with the taxman is a very real pos- In reality, the above factors may cent) or is actively engaged, the Guaranteed Income Supple-
ercise, then everything is fine,” sibility. be present in varying degrees. Not income could be taxed at the ment (GIS): The benefit could be
she said to me. Shelter: Do you live under the all of these need to be present for a highest rate under the “tax on paid to you if your income is low.
As if marriage isn’t hard same roof? What are the sleeping relationship to be considered con- split income” rules. Next, if you’re The GIS, however, is reduced by
enough, the taxman may not arrangements? Does anyone else jugal and for you to be considered working for a business that your family income and the benefit for
help. Last week I shared some of occupy the dwelling? a CLP by the taxman. spouse or CLP controls, your earn- each person is less for couples
the tax benefits of having a Personal behaviour: Do you ings may not be insurable, which than for a single person.
spouse. This week, I want to share have sexual relations? Do you means you may not be able to GST/HST credit: This credit is
THE BAD
some of the tax challenges. You maintain an attitude of fidelity to make employment insurance lower for spouses and CLPs com-
may recall that both married each other? Do you communicate If you’re a married spouse or a claims. Finally, if your corporation bined than for two single individ-
spouses and common-law part- on a personal level, eat together, CLP, here are a few rules in our tax does business with another cor- uals.
ners (CLPs) are treated the same assist each other during problems law that may leave you worse off poration in which your spouse or Social assistance payments:
under our tax law. Let me first or illness and buy gifts for each from a tax perspective. CLP has an ownership interest, These assistance payments are in-
make a few comments about who other on special occasions? Principal residence exemp- the earnings from the inter-cor- cluded in the income of the higher
is a CLP. Services: What is your con- tion: Sorry, but there’s only one porate revenues may not be eligi- income spouse, resulting in more
duct in relation to preparation of exemption allowed per family ble for the small-business deduc- tax and could affect income-test-
meals, washing clothes, shop- unit, which includes you, your tion. ed benefits.
FRI DAY , OCTOBE R 4, 2019 | T HE GLO BE AN D MAI L O R E PO RT ON BUSINESS | B 11
not always bargains North American stock markets bounced back from a weak
start to the quarter even though U.S. services data further sig-
nalled a slowing economy.
The Toronto Stock Exchange’s TSX rose 0.36 per cent to
ROBERT TATTERSALL from this source of about £180- go up, but transparency and val- 16,369.03
million ($296-million) according ue for money will have been Leading the index were Aurora Cannabis Inc., up 8.1 per
to the Financial Conduct Author- achieved. cent, Canopy Growth Corp., up 6.2 per cent, and Shopify Inc.,
OPINION ity. Canadian regulators have been higher by 5.2 per cent.
The collateral damage is that monitoring developments sur- The most heavily traded shares by volume were Encana
CFA, co-founder of the Saxon family fewer analysts are now covering rounding the introduction of Mi- Corp., Aurora Cannabis and Toronto-Dominion Bank.
of mutual funds and the retired chief companies and more of those FID II and, at this stage, have seen
investment officer of Mackenzie analysts are “cheaper” junior no reason to change the current
Investments U.S. STOCKS
analysts. As a result, financial policy that permits the bundling
shenanigans are less likely to be of research and order execution Wall Street stocks climbed after data showing U.S. services-
sector activity at a three-year low fuelled expectations that
A
s a small cap value investor, spotted before they blow up and into a single commission. As a re-
I recognize that many of destroy investor value in the mar- sult, there is no reason to fear a the Federal Reserve would cut interest rates to stem a wider
the stocks in my portfolio ket. The article lists several recent wholesale eradication of sell-side economic downturn.
have little or no sell-side research British financial train wrecks in- research in this country from a Microsoft Corp. rose 1.2 per cent and Facebook Inc. added
coverage. In fact, I often argue cluding long-haul trucker Eddie similar regulatory intervention. 2.7 per cent, with the two contributing more than any other
that this neglect creates the value Stobart Logistics PLC, pastry shop But the trend toward low-fee ex- companies to the S&P 500’s gain.
opportunity that will be correct- chain Patisserie Valerie and in- change-trade funds and index A pivotal jobs report on Friday
ed as analyst coverage emerges to frastructure builder Carillion funds will reduce the supply of may contribute more evidence of A pivotal jobs report
fill the void. As further evidence, I PLC, which also had repercus- funding available for investment whether the U.S.-China trade war
would point out that back in 1985, sions for its Canadian division. research on both sides of the is pushing the world’s largest on Friday may
Avner Arbel, a professor at Cor- All of these had suspect account- Street, so the end result may very economy toward a recession. contribute more
nell University, wrote a book that ing statements that could have well be the same. The Dow Jones Industrial Aver- evidence of whether
asserted that both small cap and been identified by sharp-eyed Although I may not agree with age rose 0.47 per cent, while the
S&P 500 gained 0.8 per cent. The
the U.S.-China trade
value stocks were highly correlat- analysts – according to several fo- the logic sequence set out in the
ed with analyst neglect. Neglect is rensic accounting firms that have Sunday Times article – MiFID II Nasdaq Composite added 1.12 per war is pushing the
in fact a bigger contributor to val- set up to fill the vacuum created equals fewer sell-side analysts cent. Over the past 12 months, the world’s largest
ue added than either a small cap by this hollowing out of the ana- equals more corporate fraud S&P 500 is down about 0.5 per economy toward a
or value strategy alone. lyst community. These firms are equals more investor losses – I cent. PepsiCo Inc. rose 3 per cent
Now, a recent article in Bri- providing seminars and mini- will concede that not all neglect- after beating quarterly expecta-
recession.
tain’s Sunday Times by reporter courses on financial-statement ed stocks are hidden bargains tions as higher advertising and
Sabah Meddings suggests that analysis for large buy-side clients waiting to be discovered. new low-calorie versions of Gatorade boosted demand for its
there may be a different outcome such as pension funds and hedge As I have learned from experi- beverages in North America.
from a dearth of analyst coverage funds. ence, some of them will decide
– and it will not be positive. At this point, I part company that the cost of remaining a pub-
COMMODITIES
At the beginning of 2018, Brit- with the thesis of the article for lic company is simply not worth
ish regulators introduced the two reasons. the benefit: They will go private U.S. crude futures were slightly lower, drawing some support
Markets in Financial Instruments First, I cannot recall many ex- at a modest price because there from the stock market after earlier touching nearly two-
Directive II (MiFID II), which re- amples in which sell-side an- are no other bidders. Others may month lows on weak economic data.
quires fund managers to pay sep- alysts blew the whistle on ac- leverage up the balance sheet in
arately for investment research counting excesses in the Cana- an effort to grow to a size that
FOREX AND BONDS
produced by brokerage firms. dian market. Most of the time, merits wider investor attention
Previously, this sell-side research they are cheerleaders for their and self-destruct a few years The Canadian dollar was little changed against the greenback
was provided “free”: It was bun- corporate clients and are reluc- down the road. A final group of on Thursday, hovering near an earlier one-month low, as da-
dled into the commissions tant to rain on the parade. The re- value traps will always be on the ta showing weaker U.S. services sector activity supported
charged for trading shares on the cent uptick in British financial di- cusp of a breakthrough that will bets for Fed interest rate cuts.
assumption that institutions fa- sasters may coincide with re- vault them into a new phase of The U.S. dollar fell to a four-week low against the yen and a
vour brokers that provide contin- duced analyst coverage, but as we growth and profitability, only to one-week trough against the euro, as investors fretted that
uing research coverage of their all know, correlation does not lapse into the comatose state that weakness in both the U.S. manufacturing and service sectors
holdings. Now that clients have prove causation. characterizes their industry envi- signals a slowdown in the world’s largest economy.
to pay for research coverage with Second, if companies are truly ronment. Canadian government bond prices were higher across the
hard cash, there has been a dra- exploiting this lack of scrutiny of Whether value trap or not, all yield curve, with the two-year up 13 cents to yield 1.416 per
matic reappraisal of its value and their financial statements, then of these companies look the cent and the 10-year rising 59 cents to yield 1.244 per cent. The
budgets have been cut by be- the solution is not to reinstate same at the time of purchase. In 10-year yield touched its lowest intraday level since Sept. 5 at
tween 20 per cent and 30 per cent. conflicted brokerage research, the years ahead, an investor with 1.236 per cent.
The intent of MiFID II was to but to pursue the business model a focus on neglected stocks, U.S. bonds rallied for the sixth straight session, leaving the
increase transparency and re- that is apparently evolving: Buy- whether large or small cap, will two-year Treasury yield at its lowest since September, 2017, as
duce costs for investors and this side investors either do their own need to rely heavily on internally signs of a slowdown in U.S. manufacturing and services
goal has apparently been research in-house or they pay for generated research and run a fanned recession fears.
achieved: Last year, British inves- it from independent research widely diversified portfolio to be
tors saw a reduction in charges houses. The cost to investors will sure of success. REUTERS AND THE CANADIAN PRESS
CANADIAN PACIFIC (CP-NYSE) MINTO APARTMENT (MI.UN-TSX) METHANEX (MEOH-NASDAQ) SAPUTO (SAP-TSX) JAMIESON WELLNESS (JWEL-TSX)
CLOSE US$213.49, UP US$1.00 CLOSE $23.14, UP 27¢ CLOSE US$34.40, UP 18¢ CLOSE $40.06, DOWN 12¢ CLOSE $23.21, UP 46¢
North American railways are fac- Minto Apartment Real Estate In- Although methanol prices are Saputo Inc. “has the assets and Pointing to a “solid, economically
ing significant near-term volume vestment Trust appears poised “still scraping” near multiyear the balance sheet that position it resilient base” in Canada and
headwinds, according to Citi- to benefit from taking a “data-dri- lows, Raymond James analyst for success,” said Desjardins Secu- “strong” growth internationally,
group analyst Christian Wether- ven approach to maximize its Steve Hansen is maintaining a rities analyst Keith Howlett, who CIBC World Markets analyst Matt
bee, who lowered his earnings per embedded rent growth prospec- long-term constructive view on says the Montreal-based compa- Bank initiated coverage of Jamie-
share estimates for Canadian Pa- ts,” according to Industrial Alli- both the market and Methanex ny is “well-positioned” to benefit son Wellness Inc. with an “out-
cific Railway Ltd. for 2019 and ance Securities analyst Brad Corp.’s “strong” associated free- from improved dairy market con- performer” rating. “Consumer
2020 by 2 per cent and 5 per cent, Sturges. He says that strategy as cash-flow profile. “We believe the ditions when they arrive. staples have become in-favour
respectively. “We now expect the well as the execution of long-term market is setting up for a staged Target: Although he maintained stocks in an uncertain macro en-
company to face volume slug- value creations plans will help recovery in the coming months,” a “hold” rating, Mr. Howlett re- vironment,” he said.
gishness through early 2020,” he augment embedded rent growth he said. duced his risk qualifier to “aver- Target: He set a $27 target. Con-
said. prospects. Target: Maintaining an “out- age” from “above average” with a sensus is $24.33.
Target: Keeping a “buy” rating, Target: With a “strong buy” rat- perform” rating, he lowered his $43 target, which falls short of the
his target fell to US$255 from ing, Mr. Sturges raised his target target to US$50 from US$62. Con- $44.06 consensus.
US$275. The consensus is US$257. by a dollar to $26. Consensus is sensus is US$42.80.
$24.28.
B 12 MARKETS O THE G LO B E AND M AIL | FR IDAY , OC TOB ER 4, 2019
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
16369.03 | 58.06 | 0.36 % | 14.29 % YTD | 238188 VOL(000) 2910.63 | 23.02 | 0.80 % | 16.11 % YTD 26201.04 | 122.42 | 0.47 % | 12.32 % YTD | 249021 VOL(000) 1947.72 | 9.40 | 0.48 % | 12.78 % 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 16369.03 58.06 0.36 238188 14.29 ECA ENCANA CORP 5.91 0.22 3.87 10582 -25.00 ACO-Y ATCO LTD CL 49.00 0.60 1.24 N-A 27.11 DIR-UN DREAM INDU 13.29 0.14 1.06 408 39.60
TSX 60 INDEX 978.16 2.82 0.29 123412 13.83 ACB AURORA CANNAB 6.01 0.45 8.09 9638 -11.36 ACO-X ATCO LTD CL 48.95 0.25 0.51 235 26.78 FTN-PR-A FINANCIA 10.08 0.01 0.10 17 3.07
TSX COMPLETION IN 989.84 5.87 0.60 114775 15.76 TD TORONTO-DOMINI 73.27 -0.17 -0.23 9515 7.97 BEP-PR-O BROOKFIE 25.00 -0.05 -0.20 4 1.58 FTS FORTIS INC 56.48 0.43 0.77 1357 24.10
TSX SMALLCAP INDE 552.29 2.57 0.47 60158 4.66 BBD-B BOMBARDIER 1.57 0.01 0.64 7680 -22.66 BEP-UN BROOKFIELD 55.18 0.70 1.28 213 56.10 HGI-UN GLOBAL TEL 9.00 0.31 3.57 5 10.84
TSX VENTURE COMPO 557.78 2.94 0.53 44204 0.10 FM FIRST QUANTUM 9.81 -0.15 -1.51 5795 -11.14 CAR-UN CDN APARTM 55.67 1.00 1.83 545 25.67 NPI-R NORTHLAND P 25.40 0.15 0.59 128 5.26
TSX CONSUMER DISC 205.33 -0.32 -0.16 8513 15.96 ENB ENBRIDGE INC 45.84 0.35 0.77 5057 8.09 BK-PR-A CANADIAN 10.68 0.10 0.95 4 6.80 PLZ-UN PLAZA RETA 4.45 0.07 1.60 124 14.69
TSX CONSUMER STAP 655.79 4.78 0.73 6735 17.95 HOU BETAPRO CRUDE 4.92 -0.06 -1.20 4994 8.61 CGI-PR-D CANADIAN 25.14 -0.26 -1.02 4 1.58 POW-PR-F POWER CO 49.90 1.90 3.96 N-A 8.48
TSX ENERGY CAPPED 129.35 0.49 0.38 50425 -6.19 CNQ CDN NATURAL R 33.70 0.10 0.30 4736 2.31 DF-PR-A DIVIDEND 10.14 0.00 0.00 27 2.42 PWF-PR-G POWER FI 25.85 -0.08 -0.31 26 1.93
TSX FINANCIALS CA 305.62 -0.34 -0.11 38980 13.25 ABX BARRICK GOLD 23.00 -0.12 -0.52 4733 24.80 DRG-UN DREAM GLOB 16.67 0.02 0.12 882 40.08
TSX HEALTH CARE C 80.81 3.59 4.65 19286 -6.06 PEY PEYTO EXPLORA 2.94 -0.05 -1.67 4634 -58.47
TSX INDUSTRIALS C 263.41 1.51 0.58 17489 14.82 BNS BANK OF NOVA 73.80 -0.13 -0.18 4403 8.45
TSX INFORMATION T 108.89 1.65 1.54 4599 47.95 MFC MANULIFE FIN 23.17 0.16 0.70 4126 19.62
TSX 52-WEEK LOWS
STOCKS $1 OR MORE
TSX MATERIALS CAP 250.75 -0.67 -0.27 50418 14.11 RY ROYAL BANK OF 105.18 -0.13 -0.12 3666 12.56
TSX REAL ESTATE C 356.65 3.32 0.94 12826 20.90 YRI YAMANA GOLD I 4.50 0.05 1.12 3575 40.19
CLOSE NET % VOL YTD CLOSE NET % VOL YTD
TSX GLOBAL GOLD I 241.04 -0.14 -0.06 71165 29.04 BTO B2GOLD CORP 4.44 -0.02 -0.45 3503 11.28
CHG CHG 000S %CHG CHG CHG 000S %CHG
TSX GLOBAL MINING 73.69 0.12 0.16 139745 8.74 LUN LUNDIN MINING 6.11 0.02 0.33 3493 8.33
TSX INCOME TRUST 233.18 1.85 0.80 11558 24.50 BTE BAYTEX ENERGY 1.79 0.00 0.00 3447 -25.73 AEZS AETERNA ZENT 1.34 0.00 0.00 11 -67.00 IDG INDIGO BOOKS 5.50 0.00 0.00 N-A -51.24
TSX PREFERRED SHA 592.88 -1.82 -0.31 2283 -5.72 ERF ENERPLUS CORP 9.23 -0.01 -0.11 3417 -13.09 AFN AG GROWTH INT 40.08 -0.78 -1.91 98 -14.36 INE-PR-A INNERGEX 13.40 -0.12 -0.89 6 -9.46
TSX TELECOM SERVI 177.11 1.10 0.62 7503 6.35 WCP WHITECAP RESO 4.12 0.00 0.00 3296 -5.29 AUP AURINIA PHARM 7.03 0.10 1.44 37 -24.25 IPLP IPL PLASTICS 7.83 0.24 3.16 393 -21.70
TSX UTILITIES CAP 286.49 1.23 0.43 9391 30.54 BCE BCE INC 64.33 0.32 0.50 3219 19.28 ACQ AUTOCANADA IN 7.49 -0.15 -1.96 70 -34.01 LNR LINAMAR CORP 36.74 -4.23 -10.32 765 -18.90
BCE-PR-O BCE INC 18.60 -0.10 -0.53 1 -12.51 LUC LUCARA DIAMON 1.02 -0.02 -1.92 97 -31.08
BB BLACKBERRY LIM 6.81 0.12 1.79 1844 -29.87 MLD-UN MONEDA LAT 9.65 -0.07 -0.72 N-A -2.53
BBD-B BOMBARDIER 1.57 0.01 0.64 7680 -22.66 MTL MULLEN GROUP 8.15 -0.01 -0.12 177 -33.25
BBD-PR-D BOMBARDI 10.00 -0.25 -2.44 18 -8.68 OBE OBSIDIAN ENER 1.03 0.01 0.98 107 -71.15
BNE BONTERRA ENER 3.93 0.07 1.81 52 -39.16 PSI PASON SYSTEMS 15.31 0.18 1.19 77 -16.29
TSX GAINERS TSX LOSERS CFW CALFRAC WELL 1.35 0.08 6.30 138 -44.67 PEY PEYTO EXPLORA 2.94 -0.05 -1.67 4634 -58.47
TOP 20 FOR STOCKS $1 OR MORE TOP 20 FOR STOCKS $1 OR MORE TRST CANNTRUST HO 1.48 0.04 2.78 554 -77.47 PL PINNACLE RENEW 7.08 0.33 4.89 79 -41.00
CERV CERVUS EQUIP 8.05 0.05 0.63 4 -36.86 SES SECURE ENERGY 4.83 -0.21 -4.17 1283 -31.10
CLOSE NET % VOL YTD CLOSE NET % VOL YTD CGG CHINA GOLD IN 1.15 0.00 0.00 75 -27.22 SOY SUNOPTA INC 2.07 -0.06 -2.82 47 -60.80
CHG CHG 000S %CHG CHG CHG 000S %CHG CSW-A CORBY SPIRI 17.12 0.22 1.30 9 -7.71 TECK-A TECK RESOU 20.81 0.66 3.28 2 -29.31
IMV IMMUNOVACCINE 3.71 0.51 15.94 52 -46.00 RVX RESVERLOGIX C 1.04 -0.21 -16.80 516 -68.39 DII-A DOREL INDUS 6.02 -0.78 -11.47 N-A -61.73 TECK-B TECK RESOU 20.67 0.52 2.58 1673 -29.67
LABS MEDIPHARM LA 4.08 0.50 13.97 1709 134.48 DII-B DOREL INDUS 5.10 -0.93 -15.42 359 -71.09 DII-B DOREL INDUS 5.10 -0.93 -15.42 359 -71.09 TOU TOURMALINE OI 12.05 0.29 2.47 1362 -29.03
TWM TIDEWATER MID 1.12 0.10 9.80 270 -13.85 KOR CORVUS GOLD I 1.99 -0.28 -12.33 560 -24.33 EFX ENERFLEX LTD 11.08 0.19 1.74 171 -30.66 TGL TRANSGLOBE EN 1.70 0.00 0.00 13 -33.07
MDNA MEDICENNA TH 1.28 0.11 9.40 84 82.86 DII-A DOREL INDUS 6.02 -0.78 -11.47 N-A -61.73 FAH-U FAIRFAX AFR 6.59 -0.01 -0.15 1 -18.74 TSL TREE ISLAND S 1.86 -0.04 -2.11 3 -12.68
BU BURCON NUTRASC 1.54 0.12 8.45 344 805.88 LNR LINAMAR CORP 36.74 -4.23 -10.32 765 -18.90 GTE GRAN TIERRA E 1.52 -0.02 -1.30 419 -48.99 UNS UNI SELECT IN 10.33 -0.13 -1.24 41 -46.78
ACB AURORA CANNAB 6.01 0.45 8.09 9638 -11.36 OSP BROMPTON OIL 1.23 -0.14 -10.22 11 -48.54 HSM HELIUS MEDICA 2.16 -0.09 -4.00 8 -83.13 VB-PR-A VERSABANK 10.00 -0.05 -0.50 6 0.00
DHX DHX MEDIA LTD 2.12 0.14 7.07 117 -5.36 PNC-B POSTMEDIA N 2.05 -0.20 -8.89 1 72.27
HNU BETAPRO NAT G 9.33 0.61 7.00 2425 -46.53 CEE CENTAMIN PLC 1.86 -0.17 -8.37 34 -3.63
HMJU BETAPRO MARI 6.12 0.40 6.99 26 -70.38 VGZ VISTA GOLD CO 1.11 -0.10 -8.26 19 54.17
FRX FENNEC PHARMA 6.02 0.37 6.55 N-A -29.59 HND BETAPRO NAT G 8.07 -0.59 -6.81 2429 23.21
VFF VILLAGE FARMS 12.39 0.75 6.44 456 180.32 PTM PLATINUM GROU 2.00 -0.12 -5.66 28 -2.44
CFW CALFRAC WELL 1.35 0.08 6.30 138 -44.67 AVCN AVICANNA INC 2.20 -0.12 -5.17 36 -64.69
WEED CANOPY GROWT 31.14 1.81 6.17 2416 -14.94 APS APTOSE BIOSCI 2.79 -0.15 -5.10 17 7.31
BLU BELLUS HEALTH 9.30 0.53 6.04 35 203.92 CPH CIPHER PHARMA 1.35 -0.07 -4.93 3 -21.05
PNP PINETREE CAPI 1.40 0.07 5.26 7 11.11 TRP-PR-H TRANSCAN 10.30 -0.51 -4.72 3 -26.06
SHOP SHOPIFY INC 434.16 21.29 5.16 227 129.97 ZVC BMO MSCI CDA 19.44 -0.86 -4.24 1 -0.41
HNL HORIZON NORTH 1.02 0.05 5.15 281 -43.33 SES SECURE ENERGY 4.83 -0.21 -4.17 1283 -31.10
YGR YANGARRA RESO 1.43 0.07 5.15 180 -45.42 CFX CANFOR PULP P 8.98 -0.38 -4.06 60 -44.60
HEXO HEXO CORP 5.27 0.25 4.98 1944 11.89 BDI BLACK DIAMOND 1.68 -0.07 -4.00 28 -19.62
PD PRECISION DRIL 1.50 0.07 4.90 867 -36.71 HSM HELIUS MEDICA 2.16 -0.09 -4.00 8 -83.13
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
ARE AECON GROUP I 17.61 -0.08 -0.45 295 0.00 CHE-UN CHEMTRADE 10.46 0.10 0.97 387 -0.19 IGM IGM FINANCIAL 36.16 -0.46 -1.26 230 16.53 RCH RICHELIEU HAR 25.14 -0.07 -0.28 116 10.80
AFN AG GROWTH INT 40.08 -0.78 -1.91 98 -14.36 CHP-UN CHOICE PRO 14.39 0.03 0.21 2599 24.91 IMO IMPERIAL OIL 32.92 -0.43 -1.29 895 -4.83 REI-UN RIOCAN REA 26.52 0.21 0.80 704 11.43
AEM AGNICO EAGLE 71.28 0.07 0.10 773 29.36 CHR CHORUS AVIATI 7.52 0.01 0.13 356 33.33 IAG INDUSTRIAL AL 58.64 0.19 0.33 319 34.59 RBA RITCHIE BROS 52.16 0.15 0.29 118 16.79
AC AIR CANADA 43.10 0.56 1.32 1001 66.02 CGX CINEPLEX INC 24.22 0.37 1.55 367 -4.80 INE INNERGEX RENE 15.35 0.05 0.33 354 22.41 RCI-B ROGERS COMM 64.96 0.23 0.36 1713 -7.15
ASR ALACER GOLD C 5.54 0.03 0.54 539 119.84 CCA COGECO COMMUN 108.00 1.32 1.24 86 64.18 IFC INTACT FINANC 133.47 0.48 0.36 162 34.56 RY ROYAL BANK OF 105.18 -0.13 -0.12 3666 12.56
AGI ALAMOS GOLD I 7.74 -0.05 -0.64 830 57.64 CIGI COLLIERS INT 94.50 1.07 1.15 74 25.51 IPL INTER PIPELIN 22.48 -0.18 -0.79 2525 16.24 RUS RUSSEL METALS 20.45 0.13 0.64 181 -4.13
AD ALARIS ROYALTY 19.05 0.05 0.26 171 12.12 CUF-UN COMINAR R 13.23 0.25 1.93 518 18.12 IFP INTERFOR CORP 12.86 0.10 0.78 244 -10.82
AQN ALGONQUIN POW 18.32 0.31 1.72 1615 33.43 CSU CONSTELLATION 1323.56 12.60 0.96 45 51.46 IIP-UN INTERRENT 16.26 0.29 1.82 232 24.60 SMF SEMAFO J 4.38 -0.18 -3.95 1127 48.47
ATD-B ALIMENTATIO 41.22 0.82 2.03 3018 21.40 BCB COTT CORP 16.91 0.44 2.67 125 -11.05 ITP INTERTAPE POL 16.47 -0.13 -0.78 113 -2.66 SSL SANDSTORM GOL 7.59 -0.01 -0.13 304 20.09
AP-UN ALLIED PROP 53.31 0.68 1.29 185 20.28 CPG CRESCENT POIN 5.45 0.07 1.30 2817 31.64 IVN IVANHOE MINES 3.56 0.08 2.30 496 50.21 SAP SAPUTO INC 40.06 -0.12 -0.30 370 2.22
ALA ALTAGAS LTD 18.93 -0.29 -1.51 552 36.19 CRR-UN CROMBIE RE 15.97 0.22 1.40 162 27.56 SEA SEABRIDGE GOL 17.01 0.00 0.00 67 -5.60
AIF ALTUS GROUP L 39.35 -0.12 -0.30 60 66.24 CRON CRONOS GROUP 12.38 0.57 4.83 560 -13.91 KEY KEYERA CORP 31.25 0.33 1.07 581 21.08 SES SECURE ENERGY 4.83 -0.21 -4.17 1283 -31.10
APHA APHRIA INC 7.16 0.30 4.37 2939 -8.79 KMP-UN KILLAM APA 20.50 0.64 3.22 376 28.61 VII SEVEN GENERAT 7.67 0.06 0.79 1544 -31.15
ARX ARC RESOURCES 5.81 0.00 0.00 2988 -28.27 DSG DESCARTES SYS 52.14 0.38 0.73 129 44.71 KXS KINAXIS INC 80.79 -0.45 -0.55 93 22.59 SJR-B SHAW COMMUN 26.22 0.31 1.20 969 6.11
ATZ ARITZIA INC 16.20 -0.19 -1.16 509 -1.22 DGC DETOUR GOLD C 20.67 0.11 0.54 713 79.27 K KINROSS GOLD CO 6.41 -0.02 -0.31 2982 45.68 SCL SHAWCOR LTD 14.79 -0.03 -0.20 60 -10.80
AX-UN ARTIS REAL 12.37 0.14 1.14 234 33.87 DOL DOLLARAMA INC 47.71 0.06 0.13 1073 46.94 KL KIRKLAND LAKE 61.27 -0.57 -0.92 698 72.11 SHOP SHOPIFY INC 434.16 21.29 5.16 227 129.97
ACO-X ATCO LTD CL 48.95 0.25 0.51 235 26.78 DRG-UN DREAM GLOB 16.67 0.02 0.12 882 40.08 GUD KNIGHT THERAP 7.40 -0.02 -0.27 186 -3.77 SIA SIENNA SENIOR 19.25 0.30 1.58 211 22.30
ATA ATS AUTOMATIO 17.71 0.08 0.45 107 23.07 DIR-UN DREAM INDU 13.29 0.14 1.06 408 39.60 SVM SILVERCORP ME 5.37 0.07 1.32 614 88.42
ACB AURORA CANNAB 6.01 0.45 8.09 9638 -11.36 D-UN DREAM OFFICE 29.82 0.33 1.12 161 33.78 LIF LABRADOR IRON 22.70 0.19 0.84 397 -6.35 ZZZ SLEEP COUNTRY 20.44 0.04 0.20 41 2.35
LB LAURENTIAN BAN 44.23 -0.04 -0.09 170 16.18 SRU-UN SMARTCENTR 32.66 0.18 0.55 344 5.94
BTO B2GOLD CORP 4.44 -0.02 -0.45 3503 11.28 ECN ECN CAPITAL C 4.30 0.01 0.23 306 24.64 LNR LINAMAR CORP 36.74 -4.23 -10.32 765 -18.90 SNC SNC-LAVALIN S 16.98 -0.24 -1.39 1217 -63.02
BCE BCE INC 64.33 0.32 0.50 3219 19.28 ELD ELDORADO GOLD 10.39 0.00 0.00 738 159.75 L LOBLAW CO 75.20 0.32 0.43 474 23.06 TOY SPIN MASTER C 40.92 0.04 0.10 494 6.59
BAD BADGER DAYLIG 39.49 -0.11 -0.28 112 22.45 EFN ELEMENT FLEET 10.45 0.02 0.19 674 51.23 LUN LUNDIN MINING 6.11 0.02 0.33 3493 8.33 SSRM SSR MINING I 20.23 0.40 2.02 289 22.61
BLDP BALLARD POWE 6.38 0.04 0.63 156 94.51 EMA EMERA INCORPO 57.97 0.19 0.33 1574 32.62 STN STANTEC INC 28.37 -0.32 -1.12 282 -5.15
BMO BANK OF MONTR 95.51 -0.33 -0.34 3024 7.09 EMP-A EMPIRE COMP 36.80 0.54 1.49 1192 27.64 MAG MAG SILVER CO 14.17 -0.03 -0.21 216 41.70 SJ STELLA JONES I 38.19 0.19 0.50 182 -3.58
BNS BANK OF NOVA 73.80 -0.13 -0.18 4403 8.45 ENB ENBRIDGE INC 45.84 0.35 0.77 5057 8.09 MG MAGNA INTERNAT 66.56 -0.82 -1.22 683 7.41 SMU-UN SUMMIT IND 13.15 0.19 1.47 170 37.55
ABX BARRICK GOLD 23.00 -0.12 -0.52 4733 24.80 ECA ENCANA CORP 5.91 0.22 3.87 10582 -25.00 MFC MANULIFE FIN 23.17 0.16 0.70 4126 19.62 SLF SUN LIFE FINA 57.43 -0.20 -0.35 1159 26.81
BHC BAUSCH HEALTH 26.00 0.81 3.22 800 2.97 EDV ENDEAVOUR MIN 24.50 -0.93 -3.66 611 9.67 MFI MAPLE LEAF FO 29.42 -0.30 -1.01 253 7.65 SU SUNCOR ENERGY 39.81 -0.08 -0.20 3121 4.41
BTE BAYTEX ENERGY 1.79 0.00 0.00 3447 -25.73 EFX ENERFLEX LTD 11.08 0.19 1.74 171 -30.66 MRE MARTINREA INT 10.20 -0.39 -3.68 365 -6.08 SPB SUPERIOR PLUS 11.74 -0.02 -0.17 226 21.28
BB BLACKBERRY LIM 6.81 0.12 1.79 1844 -29.87 ERF ENERPLUS CORP 9.23 -0.01 -0.11 3417 -13.09 MEG MEG ENERGY CO 5.35 -0.15 -2.73 1939 -30.61
BEI-UN BOARDWALK 44.24 0.50 1.14 89 17.01 ENGH ENGHOUSE SYS 35.44 -0.43 -1.20 86 6.73 MX METHANEX CORP 45.84 0.19 0.42 197 -30.19 TRP TC ENERGY COR 67.77 0.20 0.30 2384 39.02
BBD-B BOMBARDIER 1.57 0.01 0.64 7680 -22.66 EQB EQUITABLE GRO 104.00 0.72 0.70 35 75.91 MRU METRO INC 58.00 -0.05 -0.09 976 22.52 TECK-B TECK RESOU 20.67 0.52 2.58 1673 -29.67
BLX BORALEX INC 22.57 0.19 0.85 252 34.03 ERO ERO COPPER CO 18.46 0.21 1.15 130 88.18 MSI MORNEAU SHEPE 32.64 -0.10 -0.31 57 30.35 T TELUS CORP 47.45 0.21 0.44 664 4.86
BYD-UN BOYD GROUP 175.70 3.38 1.96 32 55.56 EIF EXCHANGE INCO 38.29 -0.23 -0.60 99 35.49 MTY MTY FOOD GROU 63.49 0.84 1.34 43 4.70 TFII TFI INTERNAT 38.70 -0.18 -0.46 263 9.63
BAM-A BROOKFIELD 67.79 -0.21 -0.31 1560 29.57 EXE EXTENDICARE I 8.71 0.19 2.23 226 37.17 MTL MULLEN GROUP 8.15 -0.01 -0.12 177 -33.25 NWC THE NORTH WES 28.39 0.14 0.50 98 -9.64
BBU-UN BROOKFIELD 51.21 0.27 0.53 57 23.16 TSGI THE STARS GR 27.03 0.54 2.04 1951 19.92
BIP-UN BROOKFIELD 64.47 -0.20 -0.31 310 36.73 FFH FAIRFAX FINAN 572.96 7.70 1.36 27 -4.66 NA NATIONAL BANK 65.15 -0.12 -0.18 1342 16.24 TRI THOMSON REUTE 88.64 0.94 1.07 308 34.45
BPY-UN BROOKFIELD 25.33 -0.10 -0.39 328 15.03 FTT FINNING INTL 21.99 -0.47 -2.09 332 -7.61 NFI NEW FLYER IND 27.10 0.97 3.71 410 -20.39 X TMX GROUP LIMIT 115.22 1.05 0.92 112 62.90
BEP-UN BROOKFIELD 55.18 0.70 1.28 213 56.10 FCR FIRST CAPITAL 22.20 0.12 0.54 359 17.77 OSB NORBORD INC 30.20 -0.36 -1.18 273 -16.80 TXG TOREX GOLD RE 17.21 0.66 3.99 928 32.49
DOO BRP INC 50.92 1.07 2.15 454 44.09 FR FIRST MAJESTIC 12.64 0.01 0.08 659 57.61 NPI NORTHLAND POW 25.71 0.23 0.90 815 18.48 TIH TOROMONT IND 63.42 0.14 0.22 117 16.88
FM FIRST QUANTUM 9.81 -0.15 -1.51 5795 -11.14 NVU-UN NORTHVIEW 29.15 0.29 1.00 119 19.08 TD TORONTO-DOMINI 73.27 -0.17 -0.23 9515 7.97
CAR-UN CDN APARTM 55.67 1.00 1.83 545 25.67 FSV FIRSTSERVICE 133.77 2.35 1.79 45 42.78 NWH-UN NORTHWEST 11.72 0.13 1.12 216 23.63 TOU TOURMALINE OI 12.05 0.29 2.47 1362 -29.03
CNQ CDN NATURAL R 33.70 0.10 0.30 4736 2.31 FTS FORTIS INC 56.48 0.43 0.77 1357 24.10 NG NOVAGOLD RES I 8.45 0.04 0.48 308 55.90 TA TRANSALTA CORP 8.75 0.04 0.46 291 56.53
CWB CDN WESTERN B 32.63 0.07 0.21 121 25.31 FNV FRANCO-NEVADA 123.68 0.58 0.47 741 29.20 NTR NUTRIEN LTD 64.77 -0.79 -1.21 1177 1.01 RNW TRANSALTA REN 13.89 0.10 0.73 413 33.94
GIB-A CGI GROUP I 101.64 -0.32 -0.31 630 21.72 FRU FREEHOLD ROYA 7.05 0.00 0.00 331 -14.75 TCL-A TRANSCONTIN 15.16 -0.04 -0.26 199 -21.45
CIX CI FINANCIAL 18.53 -0.15 -0.80 403 7.23 FEC FRONTERA ENER 11.69 -0.17 -1.43 127 -12.63 OGC OCEANAGOLD CO 3.54 -0.03 -0.84 1140 -28.92 TCN TRICON CAPITA 9.98 -0.09 -0.89 2090 2.99
CAE CAE INC 32.46 0.06 0.19 507 29.37 ONEX ONEX CORP 79.02 0.28 0.36 371 6.28
CCO CAMECO CORP 12.48 0.11 0.89 468 -19.38 MIC GENWORTH MI C 52.07 -0.06 -0.12 95 29.53 OTEX OPEN TEXT CO 53.32 0.58 1.10 737 19.82 VET VERMILION ENE 20.67 0.46 2.28 2349 -28.13
GOOS CANADA GOOSE 52.44 0.47 0.90 416 -12.13 GEI GIBSON ENERGY 22.30 -0.01 -0.04 447 19.38 OR OSISKO GOLD RO 12.67 -0.06 -0.47 697 5.85
CM CANADIAN IMPER 106.72 -0.51 -0.48 2984 4.96 GIL GILDAN ACTIVE 46.71 0.28 0.60 316 12.72 WSP WSP GLOBAL IN 75.85 0.01 0.01 143 29.28
CNR CANADIAN NATI 113.52 0.51 0.45 1848 12.27 GTE GRAN TIERRA E 1.52 -0.02 -1.30 419 -48.99 PAAS PAN AMERICAN 21.23 0.08 0.38 444 6.52 WCN WASTE CONNECT 122.07 1.75 1.45 201 20.47
CP CANADIAN PACIF 284.79 1.64 0.58 240 17.57 GRT-UN GRANITE RE 64.56 1.07 1.69 178 21.33 PXT PAREX RESOURC 19.22 0.06 0.31 684 17.55 WDO WESDOME GOLD 6.21 -0.01 -0.16 400 40.18
CTC-A CANADIAN TI 143.19 -3.95 -2.68 502 0.32 GC GREAT CANADIAN 40.56 -0.26 -0.64 234 -15.27 PKI PARKLAND FUEL 43.30 0.89 2.10 224 22.52 WFT WEST FRASER T 51.42 0.41 0.80 291 -23.75
CU CANADIAN UTILI 39.15 0.14 0.36 308 25.00 GWO GREAT-WEST LI 30.40 -0.11 -0.36 449 7.88 PSI PASON SYSTEMS 15.31 0.18 1.19 77 -16.29 WJA WESTJET AIRLI 30.60 -0.04 -0.13 430 70.00
CFP CANFOR CORP 15.42 0.02 0.13 108 -6.72 PPL PEMBINA PIPEL 47.55 0.13 0.27 919 17.38 WN WESTON GEORGE 111.07 0.34 0.31 183 23.34
WEED CANOPY GROWT 31.14 1.81 6.17 2416 -14.94 HR-UN H&R REAL ES 23.10 0.16 0.70 1736 11.86 POW POWER CORPORA 29.64 -0.02 -0.07 2082 20.83 WTE WESTSHORE TER 19.30 0.01 0.05 281 -6.22
CPX CAPITAL POWER 30.79 0.28 0.92 435 15.80 HEXO HEXO CORP 5.27 0.25 4.98 1944 11.89 PWF POWER FINANCI 29.72 -0.04 -0.13 1307 15.06 WPM WHEATON PRECI 35.41 -0.52 -1.45 1347 32.87
CJT CARGOJET INC 92.25 1.24 1.36 56 30.32 HCG HOME CAPITAL 24.97 0.35 1.42 153 73.40 PSK PRAIRIESKY RO 17.15 -0.31 -1.78 423 -2.94 WCP WHITECAP RESO 4.12 0.00 0.00 3296 -5.29
CAS CASCADES INC 11.13 -0.01 -0.09 158 8.80 HBM HUDBAY MINERA 4.38 -0.02 -0.45 845 -32.20 PBH PREMIUM BRAND 93.03 0.59 0.64 41 24.27 WPK WINPAK LTD 45.98 -0.71 -1.52 49 -3.71
CCL-B CCL INDUSTR 54.77 0.15 0.27 307 9.41 HBC HUDSONS BAY C 9.93 0.00 0.00 192 36.21 PVG PRETIUM RESOU 15.68 -0.11 -0.70 529 35.52
CLS CELESTICA INC 8.81 -0.33 -3.61 215 -26.34 HSE HUSKY ENERGY 9.05 0.35 4.02 1797 -35.86 YRI YAMANA GOLD I 4.50 0.05 1.12 3575 40.19
CVE CENOVUS ENERG 11.71 0.08 0.69 2550 21.98 H HYDRO ONE LIMIT 24.80 0.01 0.04 432 22.47 QBR-B QUEBECOR IN 30.36 0.33 1.10 482 5.64
CG CENTERRA GOLD 11.78 0.09 0.77 988 101.02
CSH-UN CHARTWELL 14.63 0.23 1.60 362 7.02 IMG IAMGOLD CORP 4.71 -0.06 -1.26 2404 -5.99 QSR RESTAURANT BR 95.21 1.08 1.15 469 33.50
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 1.49 -0.04 CAD - 0.7496 1.1115 0.6832 0.6076 80.112 0.7482
HGD BETAPRO CDN G 4.26 0.01 0.24 910 -51.81 HZU BETAPRO SILVE 13.00 0.06 0.46 260 16.28 5-YEAR 1.34 -0.03 USD 1.3334 - 1.4827 0.9115 0.8106 106.88 0.9981
HGU BETAPRO CDN G 17.07 -0.13 -0.76 947 67.03 XEG ISHARES S&P T 8.29 0.03 0.36 1042 -5.80 10-YEAR 1.32 -0.03 AUD 0.8988 0.6740 - 0.6145 0.5464 72.049 0.6731
HMMJ HORIZONS MAR 12.12 0.42 3.59 620 -15.54 XFN ISHARES S&P T 38.32 -0.04 -0.10 683 13.37 30-YEAR 1.49 -0.02 EUR 1.4620 1.0965 1.6257 - 0.8886 117.19 1.0947
HND BETAPRO NAT G 8.07 -0.59 -6.81 2429 23.21 XGD ISHARES S&P/T 15.03 0.00 0.00 771 28.46 GBP 1.6443 1.2333 1.8285 1.1241 - 131.81 1.2310
HNU BETAPRO NAT G 9.33 0.61 7.00 2425 -46.53 XIC ISHARES CORE 26.04 0.08 0.31 699 14.26 JPY 0.0125 0.0094 0.0139 0.0085 0.0076 - 0.9334
HOD BETAPRO CRUDE 5.29 0.07 1.34 2496 -40.02 XIU ISHARES S&P T 24.64 0.09 0.37 2312 13.97 RATES RATE CHG CHF 1.3347 1.0006 1.4840 0.9123 0.8112 106.94 -
HOU BETAPRO CRUDE 4.92 -0.06 -1.20 4994 8.61 XRE ISHARES S&P T 20.13 0.24 1.21 235 19.89
HQD BETAPRO NASDA 5.37 -0.11 -2.01 522 -34.91 XSP ISHARES CORE 32.32 0.26 0.81 1024 15.43 BOFC OVERNIGHT TARGET 1.75 UNCH
HSD BETAPRO SP500 13.48 -0.23 -1.68 945 -29.05 ZEB BMO S&P TSX E 28.72 -0.03 -0.10 655 9.62 CANADIAN PRIME 3.95 UNCH
HUV BETAPRO SP500 4.49 -0.18 -3.85 219 -45.71 ZFL BMO LONG FED 19.37 0.17 0.89 239 11.64 Source: wires
HXD BETAPRO S&P T 4.95 -0.03 -0.60 302 -25.56 ZPR BMO LADDERED 9.44 -0.03 -0.32 203 -7.18
HXT HORIZONS S&P 36.04 0.12 0.33 438 16.86 ZSP BMO S&P 500 I 42.68 0.39 0.92 331 13.66
U.S.
SPORTS
In the ALDS, two heavyweights – the Yankees and
the Twins – will face off in a matchup set to be one
for the books. Meanwhile, the Astros aren’t holding
anything back as they prepare to face the Rays B14
W
hat do you get when the case Nuit Blanche this weekend, We pride ourselves senior director of marketing at City Hall.
Raptors’ NBA cham- before moving to fan-filled Juras- Maple Leaf Sports and Entertain- The Raptors commissioned
pionship celebration in- sic Park for opening night. on being different. ment, as he stood beside a row of Toronto artists Esmaa Moha-
tersects with its 25th anniversary The club eschewed the tradi- We wanted to find a posters in a suite at Scotiabank moud and Bryan Espiritu to cre-
season? An unprecedented occa- tional idea of a 25th-anniversary way for it to be Arena, to unveil the creative di- ate two hands that stand 18-feet
sion for the club’s marketing de- logo. participatory for our rection for the Raptors season. tall, modelling that gesture. One
partment to dial up its imagina- It wanted to break from what “We wanted to find a way for it to giant hand shows an intricate
tion. it calls a “sea of same,” NBA fans, and not just be participatory for our fans, and canvas that illustrates the first 25
Plans for this distinctive sea- teams that have commemorated give them a logo not just give them a logo that years of the franchise, while
son include a pop-up museum of milestone seasons with conven- that they can get they can get on a T-shirt or hat.” another five-fingered hand fea-
its 2019 championship memora- tional logos featuring block on a T-shirt or hat. MLSE’s marketing team hopes tures chevrons on an open palm
bilia inside Scotiabank Arena’s numbers, roman numerals or that fans, who embraced the We to illustrate that the future is
Galleria, and replica champion- flowing banners. JERRY FERGUSON The North battle cry, find their within reach.
ship rings for the fans inside. A Instead of a logo, the Raptors SENIOR DIRECTOR own unique ways to adopt the The giant hands will move to
series of 95-Rewind nights will will promote a simple gesture OF MARKETING AT MLSE two-handed gesture – using it in Jurassic Park, outside Scotiabank
refashion the original hardwood they hope fans across Canada selfies, making it with anything Arena, in time for the Raptors’
court from the team’s first will flash with their two hands – from emojis to foam fingers. home opener against the New
season, as well as the white dino- a 25. One hand holds up two fin- The 2-5 gesture is the inspira- Orleans Pelicans on Oct. 22.
saur jersey. An 18-foot Raptors- gers, like a peace sign; the other tion for the giant art installation RAPTORS, B16
B 14 BASEBALL O THE G LO B E AND M AIL | FR IDAY , OC TOB ER 4, 2019
T
he Bronx Bombers and the Bomba facing the team who started
Squad, matchup of the big-league the trend, everything’s coming
heavyweights: Given the peerless up aces for the Houston Astros
power of the New York Yankees this postseason.
and Minnesota Twins, their American Houston will start Justin
League Division Series seems as much a Verlander in Game 1 of the
bout as baseball. American League Division
“It’s cool what both our teams were able Series against Tampa Bay on
to do with the home run,” Yankees slugger Friday, then Gerrit Cole on
Giancarlo Stanton said Thursday. “Big Saturday night in Game 2 and
punches thrown.” Zack Greinke in Monday’s
AL Central champion Minnesota set a Game 3.
big-league record with 307 home runs and It’s a group of pitchers that
the AL East-winning Yankees were just be- are arguably the best in base-
hind at 306, both blowing by the previous ball and some believe to be the
mark of 267 set by New York last year. The finest collection of arms on
Twins were third in the major leagues with one team in the majors in
51.2 per cent of their runs crossing the plate years.
on dingers and the Yankees fourth at 51.1 “As long as I’ve got the type
per cent. of top-end rotation, then I
“There have been some wonderful certainly firmly believe in the
teams that have played throughout the starting pitcher setting the tone
course of baseball history, but we’ve never Nelson Cruz of the Twins settles for a run-scoring single in this plate appearance against the and doing all the things that a
seen more home runs than we’ve seen this Tigers in Detroit last week, but he led Minnesota in home runs this season and his team hit normal, traditional starting
year between these two teams,” Minnesota more homers than any other in major-league history. GREGORY SHAMUS/GETTY IMAGES pitcher would do … I love the
manager Rocco Baldelli said. “The ability to three at the top of our rota-
change the game with one swing – I think 23 at Target Field that included blown leads going to announce a ton roster-wise today,” tion, and I’ll take that model
this is going to be a fun series in that way in the top and bottom of the eighth and Baldelli told reporters. every day,” Houston manager
because the two teams that are playing ninth innings. Yankees manager Aaron Boone picked A.J. Hinch said.
probably have that quality, unlike any two “Anyone in the lineup can do damage Masahiro Tanaka (11-9, 4.45) to start Game 2 Hinch and Rays manager
teams maybe that have ever played the and turn the game around. Even the games on Saturday and Luis Severino (1-1, 1.50) for Kevin Cash have been friends
game.” that we’re behind, we can find a way to Game 3 at Minnesota on Monday. Lefty J.A. for years, and before the Astros
Nelson Cruz (41 homers), Max Kepler come back or make it interesting,” Cruz Happ (12-8, 4.91) will open the series in the played Tampa Bay in late Au-
(36), Miguel Sano (34), Eddie Rosario (32) said. “I see the other teams being afraid of bullpen but could be an option to start gust he thought about texting
and Mitch Garver (31) lead the Twins Cities us, because anywhere we go they all talk Game 4. Cash to needle him a little
Thrashers, hoping to reach the AL Cham- about it.” Baldelli, speaking as rain forced work- about their different philoso-
pionship Series for the first time since 2002. Left-hander James Paxton (15-6, 3.82 outs indoors, did not announce a Game 2 phies on starting pitchers.
Gleyber Torres (38), Gary Sanchez (34), ERA) starts the opener for the Yankees in starter, though Jake Odorizzi (15-7, 3.51) is “[What] I wanted to do in
Brett Gardner (28), Aaron Judge (27) and DJ his postseason debut. He struggled in first the most likely candidate. August was text him and say: ‘I
LeMahieu (26) top the Yankees, still smart- innings this year, allowing 12 Boone dropped CC Sa- don’t know if you’re going with
ing from losses to Boston in last year’s Divi- of his 23 home runs, but he bathia from the roster be- an opener, but I’m going with
sion Series and Houston in the 2017 ALCS. gave up just six homers over cause the 39-year-old lefty Verlander, Greinke and Cole,’ ”
In a season with a record 6,776 homers, all in his final 11 starts. There have been has a sore pitching shoulder. Hinch said. “And the same goes
the playoffs already have been high volt- “I threw a few more pitches Sabathia hopes to be availa- for this series.”
age. Batters went deep on the seventh pitch in the bullpen second half of some wonderful ble for the ALCS. Despite their penchant for
of the NL wild-card game and the fifth of the season,” Paxton said, “so I teams that have “I didn’t want to put the openers, the Rays will go with
the AL matchup. could kind of get the first few played throughout team in jeopardy,” Sabathia three true starters in the first
Now, the Twins and Yankees are ready to hitters out of the way in the the course of said. three games of this series.
tee off in Game 1 on Friday. bullpen just so to try and “I didn’t want to be selfish Tyler Glasnow will start
“I feel like there’s so many shifts and so sharpen myself up.” baseball history, but and go out there hurt and put Game 1, 2018 AL Cy Young
many different things going on in the Righty Jose Berrios (14-8, we’ve never seen the team in a bad spot.” Award winner Blake Snell gets
game, why would I want to put the ball on 3.82) goes for Minnesota. He more home runs Edwin Encarnacion, who Game 2 and Charlie Morton,
the ground for the most part? Ninety-nine entered the 2017 wild-card than we’ve seen this hasn’t played since Sept. 12 who got the win in their wild-
per cent of the time it’s on the ground, it’s game with the score 4-4 and because of a strained left card game against Oakland
an out,” Judge said. “I’ve got three strikes. gave up Greg Bird’s go-ahead year between these oblique, is likely to be on the Wednesday night, will start
Why not take three chances to get one out single and Judge’s two-run two teams. Yankees roster after hitting Game 3.
of the park?” homer. in a pair of simulated games Though all three are starters,
New York beat Minnesota in the 2003, “I’ve grown a lot as a player, ROCCO BALDELLI this week. it’s unclear how long Glasnow
MINNESOTA TWINS
2004, 2009 and 2010 Division Series, then in inning by inning, game by MANAGER “I feel 100 per cent, ready and Snell will be able to go
the 2017 wild-card game after falling be- game,” Berrios said. to go,” he said. after both missed huge chunks
hind 3-0. The Yankees are 100-37 against Berrios was told with a week to go in the Judge, like most Yankees fans, views Fri- of the season with injuries.
the Twins since 2002, including 13-2 in the regular season that he would start Game 1. day as the real opening day. Glasnow sat out from May
playoffs. Baldelli didn’t make the announcement “They can say that 162 is the regular sea- 11-Sept. 8 with a right forearm
Cruz, styling in a shiny Phillip Plein skull until Thursday; the manager appears to son, but that’s spring training,” he said. strain and pitched just 41⁄3
and lightning bolt T-shirt, pointed out have two classifications of information: se- “This is when it counts. This is when it all innings in his last start. Cash
these Twins have high octane bats that cret and top secret. counts. This is when it matters. The first said he thinks it’s “reasonable”
make a difference: hence the Bomba Squad “I can save everybody some time and en- one to 11.” to expect Glasnow to be able to
nickname coined by Rosario. An example ergy. Maybe I can come up with something pitch six innings on Friday.
was New York’s 14-12, 10-inning win on July interesting to say, but we’re probably not THE ASSOCIATED PRESS THE ASSOCIATED PRESS
NEW YORK Mickey Callaway went half wasn’t enough to save the Jeff Wilpon said on a 30-minute
11-1 in his first 12 games as man- beleaguered Callaway, who had conference call with reporters.
ager of the New York Mets. After one year remaining on his con- “We’re not playing October
that, nothing ever seemed to go tract. baseball, and that’s what it’s
smoothly for him again. New York went 46-26 after the about.”
After more than a year of all-star break and made an The Mets became the seventh
near-constant speculation about unlikely charge into the Nation- team seeking a new manager
his job security, Callaway was al League wild-card race, only to this off-season, joining the
fired Thursday by the Mets after be eliminated during the final Angels, Cubs, Giants, Padres,
missing the playoffs in both his week. Pirates and Royals.
JOIN THE GLOBE AND MAIL’S seasons at the helm. “I feel unfulfilled. I feel we left Joe Girardi, the former Yan-
WE WANT INTERACTIVE COMMUNITY
The move came four days some games on the field that we kees and Marlins manager, and
TO HEAR after New York wrapped up an
86-76 campaign that marked a
should have won, and we didn’t
fulfill what we really had as a
Houston Astros bench coach Joe
Espada have been mentioned as
FROM YOU. LEARN MORE AT
THEGLOBEINSIDERS.CA
nine-win improvement over his
2018 debut. But a strong second
goal, which was get to the post-
season,” chief operating officer
potential replacements for
Callaway. THE CANADIAN PRESS
FRI DAY , OCTOBE R 4, 2019 | T HE GLO BE AN D MAI L O HOCKEY B 15
T
JOSHUA CLIPPERTON TORONTO he Columbus Blue Jackets
are looking to Sweden to
help fill the scoring void left
I
n most cities and on most teams, ac- by departed star forward Artemi
quiring a dynamic offensive defence- Panarin.
man in a blockbuster trade would More specifically, the Blue Jack-
dominate training camp chatter and ets are relying on a quartet of
make waves on opening night. Swedes – two of them rookies
Tyson Barrie has been on the cusp of who haven’t played in North
hitting 60 points the past two seasons and America before – for some scoring
figures to play an important role in driv- punch as they open the season
ing the offence for a franchise with Stan- Friday night against the Toronto
ley Cup aspirations. Maple Leafs at Nationwide Arena.
He’s also now a member of the Toronto Twenty-year-old Emil Bem-
Maple Leafs, and for anyone not paying strom and 26-year-old Jakob Lilja
attention, the team has produced its fair played together on the same
share of news over the past month. Swedish elite league team last
Mitch Marner’s contract impasse and year, and both made the Blue
resolution, the fallout from the charge Jackets’ opening night roster out
against Auston Matthews in Arizona and of coach John Tortorella’s noto-
the captaincy soap opera have, quite riously rigorous training camp.
frankly, sucked up most of the oxygen. Bemstrom was a scoring ma-
It’s pushed Barrie to the periphery of chine in Sweden. Lilja was signed
the conversation – at least for now – and as a free agent and impressed the
that suits him just fine. Blue Jackets in the prospects tour-
“You hear so much about the fan base nament in Michigan. Both could
and the media in Toronto,” the 29-year- end up skating together on the
old said. “It’s obviously there, but I think fourth line on either side of veter-
it is a little nice to fly under the radar with an Riley Nash.
everything that was going on. “It’s a really different game,”
“It’s made it easier, but now it’s time Lilja said. “Smaller ice, so like if
for me to deliver and play well.” Tyson Barrie, battling with the Ottawa Senators’ Brady Tkachuk during their season opener you lose the puck in the wrong
Barrie did that with two assists in in Toronto on Wednesday, has been on the cusp of hitting 60 points the past two seasons places it’s creating scoring chanc-
Wednesday’s 5-3 victory over the Ottawa and figures to play an important role in the Leafs’ offence. VAUGHN RIDLEY/GETTY IMAGES es right away. The players are real-
Senators in the season opener, including a ly skilled, so you don’t want to
spin-o-rama at the blue line before feed- game,” head coach Mike Babcock said. Barrie had a boatload of talent up front lose the puck to them. Over all, it’s
ing Ilya Mikheyev for the rookie’s first “He’s just scratching the surface. We think in Colorado with Nathan MacKinnon, like a high-speed game. Even at
NHL goal. he can take a huge step this year.” Mikko Rantanen and Gabriel Landeskog. the pro level in Sweden it’s really
“He’s very calm with the puck at the But while there was plenty of attention He means no disrespect, but a stable of defensive. So just better players
point,” Toronto’s Jake Muzzin said of his after the trade, that died down quickly in forwards that includes Matthews, Marner and smaller ice, so everything
defence partner. “You saw some moves … a Toronto summer that was dominated by and Tavares – just to name a few – pre- goes a little bit faster.”
which not a lot of guys do.” the negotiations between the Leafs and sents even more avenues for him to con- The other two members of the
A third-round pick in the 2009 NHL Marner – a restricted free agent at the tribute. Swedish coalition will be expect-
draft by the Colorado Avalanche, Barrie time – on a new deal. “It’s a lot of fun to be able to jump in ed to bear more of the burden as
put up a career-high 59 points last season Then after the star winger signed his the play and having these guys looking the Blue Jackets try to return to
(14 goals, 45 assists) in 78 games after reg- big-money extension at the start of camp, for you,” Barrie said. “It’s been a lot of fun the playoffs for the fourth straight
istering 57 points (14 goals, 43 assists) in news broke that Matthews is so far and it’s one game in.” season.
10 fewer outings during the 2017-18 cam- facing a charge of disorderly Muzzin, who battled Bar- Centre Alexander Wennberg,
paign. conduct and disruptive be- rie in the Western Confer- 25, will try to fulfill the great prom-
The Victoria native was a key contrib- haviour stemming from an One of the best in ence with the Los Angeles ise he showed three seasons ago
utor for the Avalanche, but found himself alleged incident, which he Kings, was partnered with when he put up 59 points for Co-
on the move this summer along with for- failed to disclose to the the league. He just his now-NHL teammate for lumbus and seemed poised to
ward Alexander Kerfoot in a trade with team, in his hometown of makes things Canada at the 2015 world break out. Veteran Gustav Nyquist
the Leafs that saw centre Nazem Kadri Scottsdale, Ariz., back in happen. championship and is eager is a solid top-six forward who was
head the other way. May. None of the allegations to see what this season signed as a free agent after regis-
“One of the best in the league,” Kerfoot have been proved in court. ALEXANDER KERFOOT brings the complementary tering 60 points last season with
said of Barrie. “He just makes things hap- To top it all off, there was MAPLE LEAFS FORWARD, ON pair. Detroit and San Jose. The two are
TEAMMATE TYSON BARRIE
pen.” the near-constant talk swir- “I was excited,” Muzzin, slated to skate together on the
Part of the reason for the swap from a ling around who the Leafs who is more likely to hang second line. Rookie Alexandre
Colorado perspective was a deep prospect would name as their captain before John back and let Barrie push the pace offen- Texier is expected to take Pana-
pool and the fact Barrie has only the 2019- Tavares was finally unveiled before sively, said of his initial reaction to the rin’s place on the top line with
20 campaign remaining on his current Wednesday’s game. trade. “It was a nice addition for me and centre Pierre-Luc Dubois and win-
contract, which carries a US$5.5-million Then on the ice, Matthews scored two the team.” ger Cam Atkinson. Team veterans
salary cap hit before the possibility of test- goals to steal the postgame headlines But Leafs goaltender Frederik Ander- including captain Nick Foligno,
ing unrestricted free agency next summer. along with Tavares, and overshadow Bar- sen might have put it best in terms of Oliver Bjorkstrand, Boone Jenner
The way high-end defenceman are get- rie’s two-point night in his blue-and- where Barrie currently stands and where and Josh Anderson all will have to
ting paid these days, Barrie could be in for white debut. he could soon find himself – in the spot- step it up to compensate for the
a big windfall July 1 if he doesn’t re-sign “He flies under the radar a little bit, just light. loss of Panarin’s team-leading 87
with Toronto, but that’s not something because of everything that’s going on,” “He’s a guy you’ll notice more and points a season ago.
the Leafs are worried about right now. Leafs defenceman Morgan Rielly said. more.” No worries about the blueline,
“He’s got a real good skill set with the “He’s going to be a big part of what we’re though. Zach Werenski and Seth
puck, a real good understanding of the doing.” THE CANADIAN PRESS Jones still make up one of the best
defensive pairings in the NHL,
and there is depth behind them.
Last season was filled with dra-
ma surrounding the pending de-
Czech Kubalik has dream debut with ’Hawks in Prague partures of Panarin and Bobrov-
sky. Tortorella said none of that is
hanging in the air any more.
KAREL JANICEK PRAGUE “I think as the season begins
here and all the questions start
coming our way, I think there’s an
C
zech winger Dominik Kubalik has inner camaraderie about the defi-
waited six years for a chance to play nition of guys wanting to be here,”
in the NHL. He never expected his he said.
debut would take place at home.
The 24-year-old Kubalik is set to play his THE ASSOCIATED PRESS
first game for the Chicago Blackhawks
against the Philadelphia Flyers in Prague
on Friday in the teams’ season-opener, as
part of the NHL’s 2019 Global Series. CALGARY FLAMES EXTEND
Having been drafted by the Los Angeles CONTRACT OF GM TRELIVING
Kings in 2013, Kubalik has had to wait until
now for a chance to actually play in the
North American league and spent last sea- CALGARY The Calgary Flames
son playing in Switzerland. The Kings ship- announced a multiyear contract
ped him to Chicago for a fifth-round pick in extension for general manager
January, setting up a surreal homecoming Brad Treliving just hours before
this week. the team played its season
“It’s going to be a great experience, espe- opener Thursday.
cially for my family,” Kubalik said. “A The 50-year-old from Pentic-
dream come true. It’s something very spe- ton, B.C., enters his sixth sea-
cial.” son as Calgary’s GM.
For Chicago coach Jeremy Colliton, Calgary has made the play-
though, there were no sentimental reasons offs three times and posted a
for including Kubalik in the opening-night record of 212-163-35 for a win-
roster. ning percentage of .560 during
“The thing I’ve been impressed with is his tenure.
his work ethic,” Colliton said. “He’s not a Treliving was hired April 28,
passenger out there. We think he can pro- Dominik Kubalik, seen warming up before a preseason game in Chicago on Sept. 25, was 2014, by then-president Brian
duce offensively, but he can also play on a drafted in 2013, but will make his NHL debut on Friday. JONATHAN DANIEL/GETTY IMAGES Burke, who was also serving as
defensive line and give the line some interim GM at the time.
punch, so that’s a good sign for him and he Sharks, but said this trip was more special. some time together,” Colliton said. “We’re Treliving spent seven seasons
[has] shown he can be valuable in different “When I started to play [in the NHL] I going to learn way more in the first game with the Arizona Coyotes as
ways.” never expected I’m going to get a chance to than probably we learned the whole three assistant general manager and
It’s the third straight year – and eighth play here,” Voracek said. “It’s a once in a weeks of preseason. I’m excited about that vice-president of hockey oper-
over all – that the NHL returns to Europe as lifetime opportunity.” and we’ll react accordingly. So that’s excit- ations before joining the
part of its efforts to grow the local fan base For the Flyers, it’s their first trip to Eu- ing.” Flames.
in hockey-mad countries such as the Czech rope for a game. Chicago came in 2009 to The Flyers haven’t won the Stanley Cup The team’s longest playoff
Republic, Sweden, Finland and others. open the season with a couple of games since 1975, the fourth-longest drought in run under Treliving was reac-
The interest remains huge. Even the against the Florida Panthers in the Finnish the NHL. The Flyers also missed the play- hing the second round in 2015.
training sessions for the teams on Thurs- capital of Helsinki, before going on to lift offs for the fourth time in seven seasons. The Flames earned their
day were sold out – as is Friday’s game at the Stanley Cup at the end of the season. Alain Vigneault was hired as coach to fix second-highest point total in
Prague’s O2 Arena. Kubalik won’t be the Chicago also lifted the Cup in 2013 and that. franchise history last season
only Czech player on the ice, with Philadel- 2015 but missed the playoffs last season. “Obviously, right now we’re in the pro- with 107 points to top the
phia winger Jakub Voracek also excited For Colliton, the trip also represents a good cess of making the evaluation that we need Western Conference at 50-25-3-4.
about playing in front of a home crowd. team-building exercise as the Blackhawks for this team to be successful,” Vigneault Calgary quickly exited the
Voracek played two season-opening try to get the season off to a good start. said. playoffs, however, falling in five
games in Stockholm with the Columbus “I think that’s one of the reasons why games to the Colorado Ava-
Blue Jackets in 2010 against the San Jose you go for this trip is for the guys to have THE ASSOCIATED PRESS lanche. THE CANADIAN PRESS
B 16 | RE P O RT O N BUS I NES S O THE G LO B E AND M AIL | FR IDAY , OC TOB ER 4, 2019
Canada’s Warner wins bronze there, and journey out to Jurassic Park for fan selfies.
After the championship is celebrated on opening night,
the franchise will turn its focus to commemorating its 25
in decathlon at world championships years. There will be six ‘95-Rewind’ themed home games,
when the Raps will wear the original white dino jerseys and
play on a purple-accented hardwood floor like that of their
debut season inside the SkyDome.
DOHA Toronto’s Gabriela DeBues- Thiam by 11 seconds in the 800. Those rewind nights include games against the Orlando
Stafford was second over all in Thiam already looked to have Magic, Milwaukee Bucks and Memphis Grizzlies (who plan
the women’s 1,500-metre semi-fi- given up the fight for gold when to wear original Vancouver Grizzlies jerseys for a classic
Canada’s Damian Warner is back nals with a time of 4 minutes 1.04 she opted not to take a third Canadian matchup). Another will be the return visit of Rap-
on the podium for a third time at seconds, while Tim Nedow of throw in the javelin, the penulti- tors NBA Finals MVP Kawhi Leonard as a new member of
the world track and field cham- Brockville, Ont., was 10th over all mate event. Johnson-Thomp- the Los Angeles Clippers (Dec. 11). The last will be the final
pionships after a dramatic finish- in men’s shot put heats with a son’s points total of 6,981 was far visit of Vince Carter as a player (April 10 with the Atlanta
ing day of the decathlon. throw of 20.94 metres. ahead of Thiam’s 6,677 and the Hawks).
The native of London, Ont., Toronto’s Brittany Crew fin- 6,560 scored by bronze medalist The team also plans more Welcome Toronto games this
won bronze on Thursday, just ished eighth in the women’s shot Verena Preiner of Austria. season, in partnership with Drake’s OVO. That’s when the
hours after leader and world-re- put final with a top throw of 18.55 Bahrain’s Salwa Eid Naser won Raptors will wear a yet-to-be revealed new OVO City edition
cord holder Kevin Mayer of metres. She was sixth at the last the women’s 400 metres in the jersey.
France withdrew in tears in the worlds in 2017. third-fastest time in history, leav- MLSE says its research shows an interest from its fans in
eighth event, the pole vault, with ing Shaunae Miller-Uibo still revisiting the team’s many eras, from NBA startup, through
injuries to his hamstring and without a world championship lean years, the playoff strides and finally to a championship
Achilles tendon. Toronto’s Gabriela gold medal. Naser, who was born team.
Warner, who took silver in in Nigeria as Ebelechukwu Agba- One example, it says, was a black long-sleeved shirt that
2015 and bronze in 2013, was DeBues-Stafford was puonwu and later switched alle- OVO gave to fans at one of the home playoff games, which
leading after the first day and second over all in the giance to Bahrain, took the lead featured a variety of logos from Raptors history. MLSE no-
was second when Mayer pulled women’s 1,500-metre on the second turn and held off ticed fans buying them online, on sites such as Kijiji, for
out. But the 2016 Rio Olympic semi-finals with a time Miller-Uibo on the last stretch to hundreds of dollars.
bronze medalist was 15th in the win in 48.14 seconds. That’s the “We had already talked about wanting to be authentic to
pole vault, fifth in the javelin of 4 minutes 1.04 fastest anyone has run in the 34 our journey as we celebrated our 25 years,” Hosford said.
and ninth in the event-ending seconds, while Tim years since Marita Koch of East “That was just one of the indications to us that we were
1,500 metres, falling back after Nedow of Brockville, Germany set the world record at going in the right direction.”
racing into the lead at 400 Ont., was 10th over all 47.60. Shericka Jackson won
metres. bronze for Jamaica in 49.47. Mill-
Niklas Kaul of Germany won in men’s shot put heats er-Uibo is the Olympic champion
the 1,500-metre finale by almost with a throw of 20.94 and won 400 silver in 2015 and
seven seconds to take first over- metres. 200 bronze in 2017. Naser is com-
all with 8,691 points. peting in Doha while Bahrain is
Estonia’s Maicel Uibo was sec- Katarina Johnson-Thompson part of a regional diplomatic and
ond with 8,604, while Warner swept to the gold medal in the economic boycott of Qatar that
had 8,529. heptathlon, capping a steady rise has been in place since 2017.
Toronto’s Pierce LePage, who to the top for the British compet- On Friday, Canadians Michael
led after the pole vault, was fifth itor. Johnson-Thompson failed Mason (men’s high jump), Sage
with 8,445 points. He was 14th in to reach the medals at the 2017 Watson (women’s 400-metre
the javelin and 15th in the 1,500. world championships and was hurdles), Matthew Hughes
Canada now has five medals – second to Olympic champion (men’s 3,000-metre steeple-
one silver and four bronze – at Nafi Thiam at last year’s Europe- chase) and Evan Dunfee (men’s
the worlds with three days to go. an championships. Over seven 20-kilometre race walk) are in fi-
Canada’s top showing at the events Wednesday and Thursday, nals.
worlds came in 2015 when the however, she built enough of a The Canadian men’s 4x100-
country won eight medals in points advantage to have a 10- metre relay team, a medal con- MLSE chief marketing officer Shannon Hosford says it’s perfect
Beijing (two gold, three silver, second advantage over Thiam tender, also begins its competi- that, long before Toronto won the NBA title, her team
three bronze). ahead of the final event, the 800 tion on Friday. envisioned the Raptors’ 25th-anniversary logo as two hands,
Also Thursday, two Canadians metres. Johnson-Thompson fin- ‘like they were standing ready for us to drop a ring on one of
qualified for finals. ished in dominant style, beating THE CANADIAN PRESS those fingers.’ JENNIFER ROBERTS/THE GLOBE AND MAIL
EVERY
ONE
EVERY
WHERE
EVERY
ONE
EVERY
WHERE
EVERY
ONE
EVERY
WHERE
The Rick Hansen Foundation wants to create a world that is
accessible to everyone. That means getting all people, regardless
of their abilities, to all places. Whether it’s at work, at play, a
public building, or a private business, let’s create a Canada
that is accessible for all.
RickHansen.com/EveryoneEverywhere
B 18 | RE P O RT O N BUS I NES S O THE G LO B E AND M AIL | FR IDAY , OC TOB ER 4, 2019
D
ane Evans has the Hamil- Kilgore was 19-of-28 passing for
ton Tiger-Cats on quite a 223 yards and a TD in last week’s
roll. 21-16 win over Ottawa while rush-
The second-year quarterback ing for 17 yards and a touchdown.
is 6-2 since replacing starter Jere- Steinauer said Evans’s demea-
miah Masoli (season-ending nour and persona haven’t
knee injury). Hamilton (11-3) changed since becoming the
plays host to the Edmonton Eski- starter.
mos (7-7) on Friday night with a “The one thing is he’s been au-
chance to cement top spot in the thentic, he hasn’t wavered one
East Division. bit,” Steinauer said. “He’s the
Hamilton can clinch first – and same supportive teammate, easy-
home-field advantage for the East to-follow guy that he was as a
final – with a win over Edmonton backup.”
and loss or tie by second-place Evans agreed.
Montreal (7-6) on Saturday “I think I act the same way, I’m
against the Calgary Stampeders just being me,” he said. “When I
(8-4). Edmonton can also cement Hamilton quarterback Dane Evans throws against the Blue Bombers in Winnipeg on Sept. 27. He has completed was the backup, I never got to say
a playoff berth with a victory. 213-of-304 passes for 2,646 yards with 14 touchdowns and 11 interceptions. JOHN WOODS/THE CANADIAN PRESS anything before drives on the
Hamilton’s situation is indeed field.
impressive given Evans was its cause we have a lot of weapons. I of-304 passes (70.1 per cent) for don’t see, which is why we were “I guess that’s a new aspect,
short-yardage quarterback and think everyone realizes that and 2,646 yards with 14 TDs and 11 in- so optimistic with Dane.” just trying to get the guys going a
hadn’t started a CFL game prior to [I] just have to keep feeding them terceptions. The 25-year-old for- Steinauer said that optimism little bit in the huddle. But, really,
Masoli’s injury. the ball.” mer Tulsa star has added 139 came last season when Evans led other than that, it’s the same
“Yeah, I’m feeling more com- Evans has thrown for 300 or yards rushing and three TDs on 32 Hamilton’s scout team against stuff.”
fortable,” Evans said after Hamil- more yards in four straight starts carries. the Ticats defence in practice. But Evans said he’s had to
ton’s walkthrough Thursday. “I and five over all this season. That When asked what boxes Evans “You saw the physical throws sometimes curb his desire for the
like our game plan, I like what we includes a career-best 442-yard has checked off this season, Ha- he made and you knew there was big play.
do during the week, I like how performance with two touch- milton coach Orlondo Steinauer something possibly special “Sometimes it’s okay to check
open everything is. downs in a 38-27 win over Toron- said there’s been only one. there,” he said. “Obviously, you it down because we have play-
“Each week [I’m] just trying to to on Sept. 2 – Hamilton’s last “We’re winning, that’s the have to do it with the lights on makers everywhere,” he said.
get a little better at one thing, just game at Tim Hortons Field – and box,” Steinauer said. “He’s matur- and he’ll be the first to tell you “Those guys are lethal with the
trying to keep my footwork con- 336 yards and three TDs to lead ing as a quarterback … he’s going he’s nowhere near where he ball in their hands and some-
sistent and leaning on the guys the Ticats past Edmonton 30-27 at through his reads, he’s checking wants or needs to be. times you have to take the short
up front to give me the protection Commonwealth Stadium on the ball down a little bit. “There is no goal of where he one and let them run with it.”
and allow our receivers to get Sept. 20. “He’s made more strides in needs to be, the goal is the win. If
downfield and make the plays be- Evans has completed 213- practice, the things that people he hands the ball off 30 times and THE CANADIAN PRESS
Young guns
are snapping up
starting QB jobs
at a record pace
L
ook out, Tom Brady and the
rest of the old heads. The
young guns are moving in.
Every NFL game in Week 4 fea-
tured at least one starting quar-
terback 26 or younger. There has
already been a total of 52 such
games, the most ever through
four weeks of a season. The previ-
ous high was 48 in 1987.
Brady (42), Philip Rivers (37),
Aaron Rodgers (35), Matt Ryan
(34), Joe Flacco (34), Matthew
Stafford (31), Kirk Cousins (31),
Andy Dalton (31) and Russell Wil-
son (30) are the older starters,
and Chase Daniel (32) is filling in
for the injured Mitchell Trubisky.
Drew Brees (40), Ben Roethlis-
berger (37) and Cam Newton (30)
are injured. Eli Manning (38),
Ryan Fitzpatrick (36) and Case
Keenum (31) were benched. The
NFL is in good hands moving for-
ward with Patrick Mahomes, Car-
son Wentz, Dak Prescott, Baker
Kansas City quarterback Patrick Mahomes, right, seen during a game in Detroit on Sunday, has earned kind words from other teams’ Mayfield and Jared Goff.
players and coaches alike. Colts coach Frank Reich, for example, called him a ‘unique talent.’ LEON HALIP/GETTY IMAGES Impressive Allen: Carolina’s Kyle
Allen has joined Wentz as the on-
ly quarterbacks to go 3-0 with ze-
T
he popularity of Chiefs quarter- was just as blunt – and effusive – in his ap- Sure, he was the record-setting running The 300 club: Mahomes and
back Patrick Mahomes has soared praisal after watching Mahomes lead the back of the Chicago Bears, but he also ex- Ryan have thrown for at least 300
into the stratosphere in a little Chiefs to a victory in Oakland. hibited such “sweetness” that even Packers yards in each of their four games.
more than one season as the start- “He’s a hell of a quarterback,” Joyner and Vikings fans usually respected him. Only Peyton Manning (five),
er, each no-look or left-handed passes said. “He’s arguably the No. 1 quarterback Mahomes is following the same road to- Steve Young (six) and Kurt War-
drawing a fresh chorus of acclaim. in the league. He got a little Tom Brady to ward popularity. ner (six) have had longer streaks
It’s not just the fans that are the fans, ei- him, a little Drew Brees look, Philip Rivers. He’s doing it faster than usual, too. to start a season.
ther. He’ll challenge you. He can make the The other thing that Namath and Co. Dual threat: Baltimore’s Lamar
“It’s kind of cool to see some of the stuff throws, he can scramble around, so I mean, had in their favour was longevity. They Jackson is tied for the league lead
he does,” said Colts counterpart Jacoby you have to cover guys a little plied their trade at the high- with 10 touchdown passes and al-
Brissett, who will get to see Mahomes first- bit longer.” est levels for years on end, so leads all quarterbacks with 238
hand when his team heads to Arrowhead There have been guys like and Mahomes has only been yards rushing yards.
Stadium on Sunday night. “Hopefully he Mahomes over the years that He’s legit. He leads in the NFL crosshairs for 18 Larry leaps to No. 2: Arizona’s
doesn’t do it this week, but the things he have garnered such respect months. Larry Fitzgerald moved ahead of
can do with the ball, it’s very impressive.” from their play on the field the team. He can “He’s a unique talent,” Tony Gonzalez into second spot
So impressive that Brissett even said, and persona off it that even make all the throws. Colts coach Frank Reich said. on the career receptions list with
rather sheepishly: “You just watch and their biggest rivals can’t help He’s confident. “He’s fun to watch, I’m not 1,326. Only Hall of Famer Jerry
you’re like, ‘Yeah, I can’t do that.’ But it’s fun but applaud. They tend to go going to lie. Last week when Rice has more with 1,549.
to see somebody else.” down in history as larger- BRANDON CARR we were playing the Raiders, I Select company: Panthers run-
Brissett isn’t alone, either. than-life characters, a unique RAVENS DEFENSIVE BACK was watching a lot of Kansas ning back Christian McCaffrey
It seems just about every coach tasked combination of talent and City’s offence against them has joined Hall of Famer Jim
with slowing down the league MVP, or de- personality. and he made a couple throws that you just Brown as the only players in
fensive guy forced to make a play against Joe Namath was that way back in the shake your head and you say, ‘How do you league history with three games
him, is simultaneously challenged and in 1960s and 70s, when Broadway Joe brashly do that?’ So we respect that. And like I’ve of at least 175 scrimmage yards
awe by what Mahomes can do. predicted a Super Bowl triumph for the said before, I also respect who he is off the and one TD in their team’s first
That’s not exactly common in a league Jets, briefly owned a New York nightclub field. I think it’s great for the league when four games of a season.
predicated on one-upsmanship, where and made so many ladies swoon. you’ve got players that are that good but al- Gore is one of four: Buffalo’s
players by their very competitive nature Steelers defensive star Joe Greene was so are really pros on and off the field.” Frank Gore last week became the
are often unwilling to admit that some- that way in the late seventies, too. His nick- Reich paused before adding: “But make fourth player in league history to
body else is better than them. name Mean Joe was contrasted by that no mistake, everybody can be beat in this rush for 15,000 yards, joining Hall
“He’s legit,” said Ravens defensive back broad smile in his famous Coca-Cola com- league. Everybody can be beat – I don’t care of Famers Emmitt Smith (18,355),
Brandon Carr, who had just watched him mercial, making him thousands of fans far how good you are. He’s great, but this is a Walter Payton (16,726) and Barry
slice up the Baltimore secondary. “He leads beyond Pittsburgh. And with four Super team game.” Sanders (15,269).
the team. He can make all the throws. He’s Bowl rings, there was no disputing his suc-
confident. He gets the ball up and down the cess. THE ASSOCIATED PRESS THE ASSOCIATED PRESS
B 20 O THE G LO B E AND M AIL | FR IDAY , OC TOB ER 4, 2019
DEATH NOTICES
TO PLACE AN AD: 1-866-999-9237
ADVERTISING@GLOBEANDMAIL.COM
TO ADVERTISE 1-866-999-9237
ADVERTISING@GLOBEANDMAIL.COM
DEATHS
and trips to Florida with family and
friends. Brad will be deeply missed
by all who knew him.
Colin was an accomplished
businessman and philanthropist.
His community involvement
Zero points, but
Friends may call at the Turner
& Porter Yorke Chapel, 2357
Bloor St. W., at Windermere, on
included Board member and
President of the Vancouver Opera,
where he met his future wife
lots of smiles for
Friday from 2 - 4 and 6 - 8 p.m. A
Celebration of Brad’s Life will be
held in the Chapel on Saturday,
October 5, 2019 at 10:30 a.m.
Jane. He was also on the Boards
of the Vancouver Playhouse, Bard
on the Beach, the Vancouver
Bach Choir, and VanDusen
Russian rugby team
In Brad’s memory, memorial donations Botanical Garden.
may be made CAMH, Bell Let’s Talk or Colin’s many interests included KOBE, JAPAN
to the Mackenzie Health Foundation. tennis, soccer, travelling the
Online condolences may be sent world (especially spending
through www.turnerporter.ca winters in Maui), tending to his
T
hey didn’t score a point and they were the first team
beautiful garden, and assisting
Jane’s activities as a FOG at the officially eliminated from title contention at the Rug-
MI CHE L RO LAND CO ME TTE University of British Columbia by World Cup, yet the Russians still had smiles on
Nove m be r 26, 193 9 Botanical Garden. their faces.
Se pte m be r 29, 2019 After watching his Russia team lose to Ireland 35-0 on
He will be greatly missed by family
DR. JOHN ROBERT and friends. We will particularly Thursday in Kobe’s Misaki Stadium, coach Lyn Jones was jubi-
Supported by loving family, Michel ANDREW MAYER lant. “It’s a big day for Russian rugby and we came through
passed away peacefully at Trillium remember those happy times
(de Berncastle) together spent at the Vancouver with five stars.”
Health Partners in Mississauga on
Sunday, September 29th, after Lawn Tennis & Badminton Club, The Bears were tipped for a thrashing. Ireland was only
86, passed away peacefully of as well as the Terminal City Club
suffering a massive stroke just heart failure surrounded by Russia’s second Tier One opponent in eight years since the
three days prior. family at Welland General where he was a life member. 2011 Rugby World Cup, where it lost to the Irish 62-12. Just two
Hospital on October 1, 2019. A special thank you to his months ago, Russia lost to Italy 85-15.
Born in Baie-Comeau, QC in 1939 to
Whether as Brock professor, caregiver Monica Fletcher, as well Ireland was on the rebound on Thursday after being
Bernadette and Romeo Comette, Unitarian chaplain, advisor,
Michel spent most of his youth in as the team from Pacific Spirit stunned by Japan, while Russia conceded 30 to Japan and 34 to
mentor, neighbour, or friend, Health for the care provided over
St. Catharines, ON. He went on John was known to many in Samoa in defeats. And yet, in their third pool match, the Rus-
to lead Mergers and Acquisitions the last few years. sians gave their best performance yet, despite playing 20 min-
the Niagara Region for his
at McLeod Young Weir and would wisdom, generosity, In light of Colin’s passion for dogs, utes with 14 men. They made Ireland, which came to the tour-
eventually distinguish himself as principles, and compassion. and in lieu of flowers, donations nament ranked No. 1, grind for all 35 points. Ireland commit-
the VP Finance at BP Mining in Born in Budapest, Hungary in will be gladly accepted by the BC ted 28 turnovers.
Toronto. After his business career, 1932, he immigrated to Guide Dogs, 7061 Ladner Trunk “We came here with an understanding, we’re not stupid
he discovered a love of golf and Toronto as a child. After Road, Delta, BC V4K 3N3.
was the first President of the
people,” said Jones, Russia’s coach for 14 months. “We knew
teaching at McMaster Cremation has taken place and no we had .001 per cent of a chance of winning. Tonight was just
Lake Joseph Golf Club. Michel University, he became the service will be held at his request.
and Maureen lived an active life Founding Chair of the enormous for our players. The whole occasion, and the fact
A Celebration of Life will follow at
in retirement entertaining friends Philosophy Department of we were playing against Ireland, brought the best out of
a later date.
and family in Etobicoke, Muskoka Brock University in 1965. His them.”
and Naples, Florida. chaplaincy at the Unitarian Visit www.mbfuneralsbc.com to Ireland coach Joe Schmidt paid them tribute.
Fellowship of St. Catharines send a personal condolence. “The Russians certainly had a bit to offer. They gave up
Michel is survived by his beloved allowed him to bring together
wife, Maureen; his three his philosophical views with nothing,” he said. “We felt we made some good line breaks,
children, Penelope (Cameron ties to community service. He but they fought really hard to make it difficult for us to get any-
Uganec), Melissa (Doug Gibson), served in countless thing off the back of them.”
Amanda (Harry Amaral); his four organizations over the years. Ireland made an ominous 14-0 start in 14 minutes, then was
grandchildren Sebastian, Natasha, His impact in all these areas limited to one try in the next 50 minutes, and while a Russian
Madeline and Bennet, as well as leaves a legacy.
his great-grandson, Jasper.
was in the sin bin. Ireland didn’t score the fourth bonus-point
He is survived by his wife, try they desperately sought until the game was more than an
Elizabeth, living in Pelham, VERA THEODOSIA WITER
Though saddened at the loss of hour old, and finished with a late try when Russia tired.
our husband and father, we are ON; his children, Lisa,
Michael, Nicholas, and Sita; Passed away peacefully,
comforted that he lived fully and surrounded by family on October
joyfully right until the end of and his brother, Charles. He THE ASSOCIATED PRESS
leaves behind his eight 1, 2019 in Toronto at the age of 71,
his life. grandchildren, Jeff and Kyle, after a long illness. Beloved wife
Takuma and Mariko, Eric, and best friend of Andrew Witer,
Lucas, Razia, and Adrian. dear sister to Ihor Kowalsky, Vera
will be lovingly remembered by
A memorial service will be
held the at Unitarian
her entire family, nieces,
nephews, and friends.
It’s do-or-die for Argentina
Congregation of Niagara, 223
FUNERAL SERVICES Church Street, St. Catharines,
Ontario at 2:00 p.m. Sunday,
Friends may call at the Turner &
Porter Yorke Chapel, 2357 Bloor against England at World Cup
October 6. In lieu of flowers, St. W., on Sunday from 5-9 p.m.
donations to the John Mayer Panachyda service at 7:30 p.m.
Scholarship Fund at Brock Funeral to be held at St. FOSTER NIUMATA TOKYO
University or to the Unitarian Demetrius Ukrainian Catholic
Congregation of Niagara Church, 135 La Rose Ave.,
Etobicoke, on Monday, October
A
would be meaningful to all. rgentina doesn’t have a choice.
Online condolences available 7, 2019 at 10 a.m. followed by
interment at Park Lawn Cemetery. The team either beats England on Saturday, or it
at www.cudneyfuneralhome makes its earliest exit from a Rugby World Cup in 16
.com. In lieu of flowers, donations to
the Ukrainian Canadian Care years.
Centre in Vera’s memory would This was always going to be a crunch match in Pool C:
May this year be one of peace. be appreciated. Online Three Tier One sides can’t fit into two quarter-final slots.
Peace of mind. Peace of spirit. And condolences may be made
may it bring peace to our through www.turnerporter.ca The stakes deepened for the Pumas after losing to France
homeland, and a new beginning for 23-21 on the opening weekend. France still has to play En-
its people.
gland, too, but having already got past Argentina, the
THURSDAY French may not need – yet – to beat England to advance.
CHARNEY, Joan - 2:00 Pardes Chaim. “This is our World Cup final,” Pumas coach Mario Ledes-
FRIDAY ma says. “That’s how important it is for us. It’s a really good
SPIEGEL, Mel - 10:00 Chapel.
FRANK, Iwan - 11:30 Chapel.
CLASSIFIED opportunity to get into the history books of Argentine rug-
by.”
SUNDAY TO PLACE AN AD: 1-866-999-9237 England can make history in Tokyo, too. A win qualifies it
HOWARD, Ruth - 11:30 Chapel.
ABELSON, Frances - 2:00 Temple Sinai. ADVERTISING@GLOBEANDMAIL.COM for the quarter-finals after embarrassingly missing out in
SHIVA 2015 in its home tournament.
BENDAVID, Elie - 48 Nobleview Drive, This isn’t a World Cup final to England because Eddie
Nobleton, Ontario.
GOLD, Stanley - 7 Mosswood Road, Thornhill, MERCHANDISE Jones’s squad came to Japan to play in the real one. It has
Ontario. MAR ION every reason to be confident on Saturday.
STEMER, Sam - 180 Charlton Avenue, Thornhill,
Ontario. CHR ISTI N A WILKE NS WANTED TO BUY England has beaten up Argentina for the past decade,
COHEN, Robert Miles - 7 Townsgate Drive, # Octob er 5 , 1930 winning nine straight tests. The English won their only pre-
810, Thornhill, Ontario.
CHARNEY, Joan - 212- 81 Townsgate Drive, S eptemb er 18, 2019 vious two World Cup matchups, although both had to be
Thornhill, Ontario.
DOCTOR HELPED J
essye Norman was the 12th laureate of
the Glenn Gould Prize, awarded to her
in Toronto last February. She was both
a commanding and demanding
EXPOSE AIDS CRISIS individual and while she was here, her
demeanour exemplified both of those
things.
During the masterclass she gave at the
S
huping Wang, a Chinese doctor who braved the sey into AIDS activism began through her interest in the true focus was, of course, on Ms. Nor-
loss of her job as well as ostracism, assault and hepatitis, another infectious disease spread through man. With each incisive comment she
the destruction of her first marriage to expose blood and other body fluids. made, the students and the audience
the spread of AIDS in rural China, died on Sept. Henan had nurtured a boom in commercial blood gleaned invaluable information on how
21 in Salt Lake City. She was 59. harvesting, recruiting hundreds of thousands of poor to interpret and perform the text and the
She died while hiking in a canyon with her hus- farmers to sell blood for a bit of money. Dr. Wang composer’s intention.
band, Gary Christensen. A preliminary autopsy indi- found alarming levels of hepatitis C among the peo- As each singer finished to applause,
cated that the cause was a heart attack, he said. She ple selling blood, and she worried that HIV might also their sense of accomplishment and ap-
had lived in Salt Lake City in recent years after settling be spreading through the blood business. preciation of her tutelage was evident.
in the United States. Her death came a little more Her bosses scoffed. Chinese officials saw AIDS as a They beamed.
than two weeks after a stage play based on her experi- foreign affliction and were unwilling to accept that At the end of the three hours, Ms. Nor-
ence as a whistle-blower opened in London. HIV could spread among farmers selling blood. Be- man welcomed questions from the audi-
Dr. Wang worked for nearly two decades in relative sides, they said, comprehensive testing for HIV would ence. To one who asked her about a sing-
quiet as a medical researcher in her adopted home- be too expensive, hobbling the lucrative business in er being vocally categorized, her response
land, most recently at the University of Utah. Col- plasma and other blood products. was swift. “Do not allow someone else to
leagues, she said, sometimes did not know of her dra- Dr. Wang persisted. She used her savings to buy place your voice. Know your voice and
matic past. In the 1990s, she stood up to Chinese offi- three HIV test kits and randomly tested 408 samples where it is most comfortable. You are a
cials who had tried to conceal an AIDS epidemic in for the virus. What she found stunned her: Thirteen singer, not a category.” To a question
rural China. There, the spread of HIV, the virus that per cent of the samples collected from blood sellers about her favourite musical genre, she
causes the blood-borne disease, had had the virus, an alarmingly high rate smiled and her intelligent eyes widened
been attributed to shoddy facilities that of infection. with a twinkle. She said it was impossible
bought blood from poor farmers. Dr. Wang was one of The commercial blood stations to answer, as she cherished them all, from
Dr. Wang was one of a group of Chi- worked cheaply. They took blood, ex- gospel to opera.
nese doctors, researchers, activists and a group of Chinese tracted the valuable plasma and, It has been my good fortune to have
journalists who took great risks to doctors, researchers, through transfusions, gave the sellers witnessed Ms. Norman over the decades
spread information about the hidden activists and leftover blood parts so that the stations in several live performances from Paris to
epidemic in Henan province and other journalists who took could pay them less and the sellers New York, Tanglewood to Toronto. Most
regions. She was the whistle-blower could recover more quickly to sell memorably, I saw her sing Poulenc’s La
who marshalled evidence of it. great risks to spread again. The stations’ equipment was of- Voix Humaine with the New York Philhar-
“Wang Shuping was the earliest information about ten dirty. Worse, they often mixed left- monic at Lincoln Center in February, 1988.
medical worker to enter the fray in the the hidden epidemic over blood in tubs, then transfused it The singular beauty of her voice and nat-
war against AIDS,” Gao Yaojie, a doctor into groups of blood sellers, greatly in- ural gifts as an actor imbued that vulner-
in Henan province
from Henan who become the public creasing the risks of cross-infection. able character with a humanity I shall
face of efforts to expose and treat the and other regions. A local official at first praised Dr. never forget.
spread of AIDS there, wrote in a tribute Wang for her detective work, but soon The afternoon at Walter Hall ended
to Ms. Wang. “For this, she suffered the most grievous retreated and accused her of lacking proof. She took with members of the audience lining up
attacks and pain of her life.” 55 samples to Beijing for more tests. A virology insti- once again, to get Ms. Norman’s auto-
Eventually – far too late, in Dr. Wang’s view – the tute refused to test them unless she paid an exorbi- graph, to say something they may have
Chinese authorities shuttered the commercial blood tant amount. But Dr. Wang ran into a researcher who rehearsed, or to proffer a hand, which
stations that had spread HIV and offered medical grasped the urgency of the issue and had 16 samples would invariably be clasped warmly by
help to villagers who had become infected, usually af- tested: 13 were definitely HIV positive, three possibly both of hers. I overheard people as they
ter they or family members sold blood. positive. left saying it was one of the most inspir-
Dr. Wang’s pride in what she accomplished was “She had the courage to keep collecting and shar- ing music events of their lives. No argu-
tempered by what she and her family endured. After ing evidence even when officials didn’t want informa- ment there.
she took evidence of the HIV infections to officials tion revealed,” said Zhang Jicheng, a former Henan
and researchers in Beijing, her superiors in Henan as- journalist who helped uncover the spread of AIDS Carol Ann Davidson, Toronto
sailed her. A former medical official, she said, used a there. “She had no official support; this was her per-
club to smash Dr. Wang’s testing lab and beat her. The sonal choice, and she suffered for it.”
local government shut the lab, leaving her without Dr. Wang moved to Beijing in 1997, where she
pay. Her marriage to an official who worked in the found some protection working for a senior medical
medical administration cracked under the pressure. researcher. She was not the only one alarmed about
The play based on Dr. Wang’s story, The King of the spread of AIDS in rural Henan.
Hell’s Palace, by Frances Ya-Chu Cowhig, recently had Dr. Gao, a gynecologist from the province, took up
its premiere at the Hampstead Theatre in London. the issue and became the most prominent face of the
“Speaking out cost me my job, my marriage and campaign to expose and end the epidemic. She won
my happiness at the time, but it also helped save the many honours and later moved to safety in New York.
lives of thousands and thousands of people,” Dr. Dr. Wang was the quiet insider, channelling informa-
Wang said in a question-and-answer exchange on the tion to experts, officials, diplomats and journalists,
theatre’s website. “I wanted to prevent disease, I and returning to Henan to help stricken villagers.
didn’t care about power and position.” In addition to her husband, she leaves three chil-
Shuping Wang was born Zou Shuping on Oct. 20, dren in the United States – Sami Geng, Julie Zou and
1959, in Fugou County, Henan. Her mother, Huang David Zou – and a brother in China, Zou Tiancheng.
Yunling, was a village doctor; her father, Zou Ban- Even as her life was celebrated onstage, Dr. Wang
gyan, was a math teacher who had been a soldier in could not escape intimidation. Chinese state-security
the Nationalist forces that were defeated by Mao Ze- officials confronted her family and former colleagues
dong’s Communists. in Henan to press her to cancel the London produc-
After Mao began the Cultural Revolution in 1966 to tion of the play about her, she said. She refused, and
purge China of purported enemies, Dr. Wang’s par- received a standing ovation at a performance. She
ents were attacked because of her father’s back- told the theatre in a statement, “I will still not be si- Jessye Norman
ground, and her education was cut short when she lenced.”
was 8. She resumed school five years later, after she To submit a Lives Lived:
had left her home village and was adopted by an un- THE NEW YORK TIMES NEWS SERVICE lives@globeandmail.com
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OT TAWA/ QU E BEC E D ITIO N ■ FR ID AY , O C TOBE R 4 , 2 01 9 ■ GLO BE AN DM AI L . COM
A REAL
ESTATE
INVESTOR
EMBRACES
DESIGN
The usual investment property
calculations do not include an architect.
Vahid Derakhshan made the leap H4
This investment home in Toronto’s Scarborough area was desigend by architect Reza Aliabadi, who is a disciple of the
20th-century modernist movement. PHOTOS BY BORZU TALAIE
I love
to swim.
My parents love it too
because it’s a skill I can
use in lots of activities
as I grow up.
CAROLYN
IRELAND
NEXT MOVE
TORONTO
A
recent run of stronger sales
in the Toronto-area hous-
ing market seems to be
contributing to a lack of syn-
chronicity between buyers and
sellers: Just as some house hun-
ters are motivated to jump in
before a strong upswing, many
would-be sellers want to hold out
for that exactly scenario.
The strange disconnect is mak-
ing a supply crunch even more
noticeable, says real estate agent
Ira Jelinek of Harvey Kalles Real
Estate Ltd.
Mr. Jelinek says he sees short
supply and strong demand in
every segment of the market.
“A lot of people that were skep-
tics are now back in the market or
want to be in the market. They’re
not skeptics any more.”
During two years of soggy sales
after prices in the Toronto market
peaked in 2017, many people sat
on the sidelines, Mr. Jelinek says,
as they tried to figure out wheth-
er prices had farther to fall.
In September, in neighbour- Houses sit for sale in less than they paid. houses, condo units and mort- nant,” she point outs.
hoods crowded with high-priced, Toronto in July. Many By trying to make a profit, the gages. The bank’s research shows In addition, many first-time
newly built houses, some proper- summer listings finally pair had to wait months for a sale, affordability continues to be a top buyers purchase a small condo or
ties that had been sitting on the found buyers in he explains. He estimates they’re concern for potential buyers. townhouse in order to get into
market finally found buyers. September, often with a down about $300,000 after real “Canadians really do feel that the market, but may soon out-
“I know that some of them are reduced price. estate commissions, land-trans- pinch. They feel house poor,” Ms. grow it.
getting knocked off,” he says. FRED LUM/ fer taxes and legal fees. Wells says. “How long does that fit your
But Mr. Jelinek cautions that THE GLOBE AND MAIL In many cases, the sellers of She advises first-time buyers to lifestyle?” she asks.
sellers still need to be realistic properties that sat were investors “test drive” a mortgage before Ms. Wells adds that people of-
about the asking price. Mr. Jeli- trying to make a profit on a newly they even start to hunt for a prop- ten buy first, then face the ex-
nek says that well-priced listings built house. Now, some of those erty, adding they need to look not pense of raising a child or a med-
will move, but sellers who want investors are letting their listings only at the amount of future ical emergency.
to test the waters with a higher expire and are quietly planning mortgage payments, but all of the Ms. Wells says surveys con-
price risk having a listing that ap- to hold off until the spring in an- other expenses that come with ducted on behalf of RBC have
pears stale. ticipation of an upturn. owning real estate and paying for found that respondents are strug-
He points to one recent sale, “Some people who were all of the expenses of day-to-day gling to make headway with their
for example, where the home- burned by overpricing or didn’t life. finances and saving for the fu-
owners sat with an unsold prop- have good product are now say- Ms. Wells says some first-time ture.
erty for months then took a hit ing forget it.” buyers feel financial pain when In addition, she says, many
on the deal. But Mr. Jelinek cautions they make the transition from more established homeowners
The couple moved to Canada against trying to time the market paying rent to owning real estate. are helping their younger chil-
from the United States when one A lot of people that because it’s difficult to predict Where once they had disposable dren to buy their first home. That
of them took a new job in 2017. where prices will go or which income to spend on things such can be an ill-advised strategy if
At that time, they paid $3.73- were skeptics are events might affect the outlook. as travel and gifts, they find that those folks then neglect their
million for a newly built house now back in the “I don’t think it’s the right po- money left over after paying the own retirement goals.
near Avenue Road and Lawrence market or want to be sition to take.” mortgage is eaten up by all of the “They feel the pressure to sup-
Avenue West. Earlier this year, the in the market. Mr. Jelinek says buyers and other expenses of home owner- port their children,” she says.
pair decided to return south of sellers should make a move when ship. “Parents are helping with more
the border. They’re not skeptics it suits their lifestyle and their “It’s a shock,” she says. “They than down payments.”
They listed the house for sale any more. finances. start to feel that they’re not in These days, even young par-
in the late spring with an asking Nicole Wells, vice-president of control.” ents are thinking about saving for
price of $3.78-million, or $50,000 IRA JELINEK home equity finance at Royal Ms. Wells reminds first-time their child’s education while also
AGENT WITH HARVEY
more than they paid for it. KALLES REAL ESTATE Bank of Canada, also says she buyers that there’s so much more expecting to help with a home
Mr. Jelinek says the house lan- senses a fast tempo in the Cana- to home ownership than just purchase in the future.
guished through the summer, dian market this fall. making mortgage payments. With a clear-eyed look at their
but the owners never lowered Ms. Wells urges potential Property taxes, utilities and goals for the future, buyers will
their asking price. buyers to take a steely-eyed look maintenance fees are all recur- end up being less stressed about
Eventually, they accepted an at their life and finances before ring expenses, for example. money once they’ve purchased
offer of $3.5-million, or $230,000 they even begin to shop for “Condo fees don’t stay stag- real estate, Ms. Wells says.
DAVE
LeBLANC
ARCHITOURIST
BUFFALO
T
he wind whips Lake Ontario
– on this cool fall day it’s a
dark olive colour – into fat,
frothy saw-teeth. The few bun-
dled folks walking toward Ireland
Park barely notice the monolithic
1920s Canada Malting silos tower-
ing over them, perhaps because
they’re fenced in … and that fence
is covered with intimidating “Be-
ware of Falling Objects” signs ev-
ery few feet. Likely, they’re here to
contemplate Rowan Gillespie’s
haunting bronze figures (which
mark the arrival of Irish immi-
grants fleeing the Great Famine in
1847), or to watch planes fly in
and out of Billy Bishop airport.
Three-and-a-half kilometres
away, the old Victory Mills silos
are simply a brief curiosity as
folks park SUVs to bring little
ones to the immersive theatre at
Pirate Life, or hop onboard a din- Kevin Cain, seen exploring the bottom floor of a silo, runs resto-bar Duende at Silo City, the first permanent business in the Buffalo complex.
ner cruise. Ironically, here, in this
immense dirt-and-gravel parking
lot at the foot of Parliament Street
the decaying 1940s structure isn’t
fully fenced in: One can walk
right up to the concrete bellies
and plant a kiss on any one of
them or, more likely, a spray-
painted tag.
Although some writers have
dubbed these two ruins Toronto’s
“bookends” (when they’ve no-
ticed them at all) if something
isn’t done soon, a more appropri-
ate moniker might be tomb-
stones.
In nearby Buffalo, so many
grain elevators line the serpen-
tine Buffalo River it could’ve be-
come a full graveyard were it not
for the strange and wonderful
stewardship of Cleveland-born
Rick Smith III, who purchased a
number of silos, mills, ware-
houses and office buildings on
what was then Childs Street – now
renamed Silo City Row – from
ConAgra back in 2006 with the in-
tention of creating ethanol indus-
try jobs.
Shifting gears when the market
crashed two years later, Mr.
Smith, owner of third-generation
steel fabricator Rigidized Metals,
began to envision other uses. But,
since new housing wasn’t the
competitive sport it is in the Grea-
ter Toronto Area, he turned to art-
ists and musicians to animate the
spaces – inside the tall silos and Shauntelle LeBlanc, left, views some of the art installations in the Marine A silo. Mr. Cain, right, has organized recording sessions and poetry readings
out in the slowly renaturalizing in the silo, which he says boasts a ‘beautiful eight-second natural reverb.’ PHOTOS BY DAVE LEBLANC/THE GLOBE AND MAIL
fields surrounding them – with
art installations and concerts. the space at the beginning was mately, they shaped lives. The ers came out of the woodwork. tried to treat the concrete, the ele-
“There were very few people in the point where nature’s reclama- American Malting silos in partic- However, unlike the zip-lines, vators, as kind of sacred; we don’t
the city that really paid attention tion of man’s endeavour met,” he ular are noteworthy since the brewpubs and escape rooms of want to go poking holes in the ele-
to the waterfront,” Mr. Smith re- says, “and it really highlighted a original section, from 1906, was “Riverworks” less than a mile vators themselves, I mean, you
members, “and we have a pretty thing I dubbed ‘the tranquility of the first in Buffalo to be built of away, Mr. Smith waited until he could put housing above and
unique network of waterways; resilience.’ ” steel reinforced concrete and the inked a deal. Not only did he want housing on the first floor.”
you know, bombing around we’ve On an unseasonably warm day first in the United States to use a to avoid beer logos on the sides of And what, I asked, should be-
got a ship canal, we’ve got a Buffa- a few weeks ago, Mr. Cain took me slip-form to enable a continuous his elevators, he wanted a compa- come of Toronto’s forgotten silos?
lo River, we’ve got a Great Lake, on a tour of these “cathedrals of pour. It’s rumoured members of ny that shared his respect for the “Get the right bunch of clever
we’ve got the Niagara River.” contemplation and meditation.” the early-20th-century Bauhaus history of the site. people … and give them all the
Eventually, Buffalonians did Walking slowly around the site, it School came to study them. Earlier this year, a partnership breaks that they can acquire –
pay attention and, now, Silo City was easy to meditate on why Mr. Fast-forward six decades to the with Miami-based Generation meaning tax and everything else
has become a place. A weird Smith has spent a decade decid- late-20th century, however, and Development Group was an- – and let them activate the site,”
place, yes, but a place nonethe- ing on what permanent uses even these giants had become an nounced, along with a vision for Mr. Smith finishes.
less. these structures should ultimate- eyesore. As with much of Toron- 200 housing units and an artist’s “It’s 13 years and we’re just be-
One of the creative people at- ly have. to’s abandoned brownfields, the gallery. And that’s just Phase 1. Fu- ginning to have a restaurant
tracted in those early years, back Going far beyond the immedi- whole area south of Buffalo’s hip ture phases, he says, might in- where people can wash their
when things were “flying under ate titillation of “ruin porn,” there Allentown neighbourhood was clude a “European-style hostel” hands,” he says with a laugh.
the radar,” was Kevin Cain. Orga- is a sense of majesty here. One can now a place to avoid. and retail spaces. So, who’s clever enough? Any-
nizer of recording sessions in the feel the weight of these buildings, But things started to change “I needed some youth,” the 58- one? Or do we just wash our
Marine A silo (which he says both physically and psycholog- drastically a few years ago. After year-old says about his new part- hands of the whole thing and call
boasts a “beautiful eight-second ically; powerhouses of industry, receiving considerable press from ners. “They really bought into the in the wrecking crew?
natural reverb”) and poetry read- commerce and trade, these form- newspapers outside of the region vision of what Silo City can be-
ings, he currently runs the first follows-function grain elevators on both the artistic goings on and come.” Tours of Silo City run until the end
permanent new business onsite, and no-nonsense warehouses the efforts of Rigidized Metals’ di- But don’t expect windows to of October. For information:
Duende at Silo City, a resto-bar. shaped the waterfront and how rector of ecology to “heal” the be punched into the silos, Mr. explorebuffalo.org/tours/
“The big thing that drew me to people interacted with it. Ulti- land and the riverbanks, develop- Smith cautioned: “We’ve always silo-city-tours.
Buffalo isn’t the only city with abandoned silos on its waterfront. Toronto has the monolithic 1920s Canada Malting silos, left, near Bathurst Street and Queens Quay West, and the
decaying 1940s Victory Mills silos, right, at the foot of Parliament Street.
H4 | RE AL ES TAT E O THE G LO B E AND M AIL | FR IDAY , OC TOB ER 4, 2019
Contractor Vahid Derakhshan hired architect Reza Aliabadi to redesign a 1950s bungalow in Toronto. PHOTOS BY BORZU TALAIE
W
hen he began an investment suites, one on each floor. This unusual ar-
project – a renovation of a rangements “offers possibilities,” Mr. Alia-
postwar house in Scarborough badi says, “and encourages people to live
– the contractor Vahid De- differently.” When your space changes, the
rakhshan did something too few people in way you relate to it changes, too.
his line of work do: He hired a bespoke ar- The other noteworthy design feature is
chitect. “Sometimes, in your life, you want the expansive lightwells, which are in the
to try something different,” he says. Con- front section, albeit near the threshold
ventional wisdom has it that this a bad where the two regions meet. The public (or
idea. The real estate business is all about front) part of the house has a ground level
making money and architects cost money. with a kitchen and living room and then,
Plus, they tend to impose good taste – above it, a T-shaped configuration of
which is a virtue, sure, but one with limited bridges. These bridges are large enough to
market utility. Buyers, apparently, want contain common areas, including a fire-
houses with massive garages and as many side roost, but they also leave two gaps,
bedrooms as possible. Architects think which are topped with skylights.
such features are gauche. To accentuate these lightwells, Mr. Alia-
What’s more, the specific architect Mr. badi adorned the adjacent walls and ceil-
Derakhshan hired – Reza Aliabadi, princi- ings with slats of knotty cedar. This warm
pal of the Toronto firm Atelier Rzlbd – has feature offsets the otherwise demur interi-
what you might call strong opinions. He is or palette, which mainly consists of white-
very much a 20th-century modernist. His oak floors, white walls and touches of grey
heroes include Peter Zumthor and Louis porcelain tile. Among its neighbours, the
Kahn, men who specialized in austere house stands out: It is a stark, capacious
buildings with large voids and heavy mass- dwelling with an irregular spatial arrange-
ing. Is such a vision compatible with the ment. But can such a thing find a tenant?
economic diktats of the Toronto resale Or is the Toronto market really as hide-
market? Mr. Derakhshan’s project suggests bound as real estate agents make it out to
that it is – and that, even from a cold- be?
blooded, business-minded perspective As Mr. Derakhshan was applying the fin-
(which, by the way, isn’t his perspective), ishes, Louise Abbott and Philip Brown, a
there’s a case to be made for investing in couple approaching retirement, were
architecture. scouring Toronto for a new place to live.
The unit he bought was a 1950s bunga- They were looking to sell their home in the foot was so high you’d think the place was ors seem bigger than they are – the photog-
low on a 5,520-square-foot lot. To avoid Beaches neighbourhood and contemplat- gilded in silver leaf. Ms. Abbott recalls one rapher had shot the home with an honest,
cost overruns and lengthy bouts with the ing an eventual move to Costa Rica, where unit that looked like something out of The one-point perspective. When morning
committee of adjustments, Mr. Derakh- they own an investment property. “We Amityville Horror. It was dirty and old, with came, Ms. Abbott called her real estate
shan insisted on maintaining the original said, in the meantime, let’s rent a place, dark carpets and a hidden office in the agent. Within a few days, the couple had
footprint of the unit and keeping the win- but it has to be better than what we’re in,” basement, suggesting some kind of illicit signed the lease.
dows where they were. In response to Mr. Brown says. The Toronto market, he business. “I said out loud that I hate this To the question of whether experimen-
these constraints, Mr. Aliabadi decided to discovered, has a way of grinding people house,” Ms. Abbott recalls, “and at that ex- tal architecture is a safe investment in To-
simply remove the cap of the house and down. The couple’s experience was com- act moment, the lights started flickering.” ronto, the answer is a resounding yes. Ms.
build upwards, adding a second level. ically absurd and also brutal – Don Quixote A few nights later, during a spell of 4 a.m. Abbott and Mr. Brown’s story shows that,
His design program has two distinctive meets the Book of Job. insomnia, she went online in a desperate, right now, you can rent out pretty much
features. The first is a rethink of your typ- They saw upwards of 40 places. Some impulsive search to see if there’d been any anything. Even the grubbiest, smallest or
ical domestic layout. Most houses have a were mouldy; others had rotted floors and new openings. That’s when she found the most unkempt unit will eventually find a
bottom-to-top arrangement, with the pub- cardboard walls. They saw “charming” old place in Scarborough. The listing had a tenant. And if renters will tolerate squalor,
lic areas on the downstairs and the sleep- homes with impossibly steep stairways, kind of integrity to it: The pictures were surely they’ll tolerate thoughtful design,
ing quarters above. Instead, Mr. Aliabadi’s like a grisly death waiting to happen, and sparse and simple, and instead of using de- too.
design runs front to back. The first half of shoebox condos where the price a square ceptive angles – the kind that make interi- In fact, they might even love it. “There is
nothing as special out there as this house,”
Ms. Abbott says. She likes the roominess,
the sense of geometric precision that
makes the space seem ordered even when
it’s cluttered and the lightwells that draw
your eyes toward the sky and away from
the minutiae of daily life. The couple’s
daughter, an art student at George Brown
College, occupies the bedroom suite at the
bottom and her parents have the suite up
top. The double-height public space not
only connects the two regions; it also knits
them together. It is an architecture of inde-
pendence – and interdependence, too.
While the home may be a rental, that
hasn’t stopped the couple from contem-
plating a more permanent arrangement.
“This house would be great for somebody
to get old in,” Ms. Abbott muses. “We could
live downstairs. There’d be plenty of space
on this level for the two of us.” Her hus-
band nods. “Now we have to win the lot-
tery and buy it,” he says.
SHANE DINGMAN
REAL ESTATE REPORTER
OTTAWA
A POLITICAL SALON
A
recent ruling by an Ontario you’re compelled into it, it goes
court blocking a joint law- against the idea of arbitration.
suit by a group of consum- Once you’re in an arbitration
ers who signed contracts for pre- process, you can’t get out of it ex-
construction homes highlights cept on very narrow grounds …
the ways the ancient Latin legal and it’s virtually impossible to ap-
advice caveat emptor (“let the peal an arbitration award if it’s
buyer beware”) remains all too written properly.”
relevant in 2019. A recent attempt to invalidate
At particular issue are just a an arbitration clause came from
few dozen words in the 40-page 15 Ontario plaintiffs in Evans v.
Agreement of Purchase and Sale Mattamy Homes Ltd. The buyers
contracts that informed the hope- said they had lined up on a cold
ful purchasers that, if there is any February day in 2017 to get a
dispute between vendor and chance to buy a home from the
buyer, private arbitration is the property development giant’s ex-
only legal route open to either clusive Oakville, Ont.-area project
party. called The Preserve, but later had Townhouses are seen under construction in Toronto. An Ontario court recently blocked a joint lawsuit by a
In recent years, mandatory ar- trouble closing, because of crash- group of consumers who signed contracts for preconstruction homes, in which the issue was a mandatory
bitration clauses have gained ing values of their existing homes. arbitration clause. FRED LUM/THE GLOBE AND MAIL
traction in the United States and They argued that a high-pressure
Canada as a speedier way to re- sales environment robbed them there was no time to answer ques- rio Superior Court of Justice Mas- ing and professional guidance to
solve disputes in commercial con- of the opportunity to get legal ad- tions … a decision needed to be ter Karen Jolley rejected claims arbitrators and recently began a
tracts, and the clauses have in- vice on the contracts, thus mak- made immediately.” When it that the arbitration clause was research project to study arbitra-
creasingly turned up in consumer ing the arbitration clauses invalid. came time to review contracts, unfair or “unconscionable.” tions in Canada to test the long-
service contracts, too. In Ontario, “Their evidence was the arbi- the plaintiffs claim they were giv- Mattamy’s representatives held theory that the process is
consumer legislation has banned tration clause was not pointed en at most 15 minutes to read the have argued in news reports that better value for money than the
the clauses for most services, but out to them,” said plaintiff coun- lengthy legal document, and were anyone capable of putting down public court system. Even though
some transactions – real estate, sel Jameel Madhany of Lerners told “that they did not need to several hundred thousand dollars she has no hard evidence, Ms.
mortgages and insurance among LLP. “Actually part of our argu- read the APS because it was stan- in deposits for a $1-million to $1.6- McKay says that, based on anec-
them – have long been exempted ment was that given how onerous dard form, it was similar to APSes million house is de facto a sophis- dotal information, she believes
from the ban. the clause was, Mattamy should for other developments, and that ticated buyer. arbitrations are on the rise. “I get
But now, even some of the ar- have an obligation to point that in any event, amendments were The arbitration clause has be- more and more calls from the
bitrators hired to adjudicate these out.” not permitted.” come standard in new home con- public asking about it. … I do
disputes wonder whether the sys- The plaintiffs allege the com- In a statement, Mattamy reject- tracts, but it’s not clear how often think it’s definitely in a growth
tem is such a good fit for consum- pany gave out 400 tickets to the ed the claims. “Mattamy provides homebuyers end up in private ar- mode; there are just no num-
er-corporation conflicts, and are sales event –“far more than the an abundance of information to bitration. By its nature, arbitra- bers.”
raising concerns over what is es- amount of lots available” – and its prospective purchasers before tion is not public, and even indus- Arbitrator William G. Horton
sentially an unregulated space. starting at 9 a.m., “brought 10 to 15 a sales launch. In this instance, try leaders aren’t sure how preva- has written articles criticizing
Unlike the public courts, there are people into the sales centre at any the court found that every plain- lent the practice is and how bal- mandatory arbitration for real es-
no data gathered on the outcome given time. There were not tiff was advised ‘numerous times’ anced the outcomes are. tate consumers, but accepts that
of arbitration hearings, nor are enough sales representatives to before the sales event that the “I would say most arbitrators there can be good uses of the
there agreed-upon rules for how assist all of them simultaneously.” agreements were firm and bind- are content at the moment that it process.
parties should conduct the proc- Once inside, the claim alleges, ing. If any of the plaintiffs had is not regulated,” said Janet “The use of [arbitration] to
ess. “If a prospective purchaser asked brought a lawyer with them to re- McKay, executive director of the block access to justice is not a
“My main concern is people a sales representative for more in- view the agreement on the day of Alternative Dispute Resolution good use,” Mr. Horton said. “I
having to participate without a formation about a lot they wished purchase, Mattamy would of (ADR) Institute of Canada, “and would like to see [the real estate
choice,” said Colm Brannigan, an to purchase, the sales representa- course allow that.” [I] can’t really say whether I exemption] struck down, if not
arbitrator for 20 years who says he tive pointed at the people waiting Mattamy sought and won a would want it regulated or not.” by the courts then by the legisla-
believes it can be a great system … and told the purchaser that stay and in a July decision, Onta- The ADR Institute provides train- ture.”
This is not an offering for sale. Such offering can only be made by way of disclosure statement. E&O.E.
H8 | RE AL ES TAT E O THE G LO B E AND M AIL | FR IDAY , OC TOB ER 4, 2019
Laconia Development is working with Chinese developer Vanke on the Spire, a 41-storey condo planed for Seattle’s Belltown neighbourhood. RENDERINGS BY LACONIA DEVELOPMENT LLC
A
n American developer is sales from them because of that. market makes it a less riskier in-
looking to attract the inter- They have sold a good number of vestment than Vancouver, where
national buyers who would units for us in Spire. wealth can come and go. The
have previously looked to Van- “Spire is three blocks away rental market especially benefits
couver. from Amazon’s world headquar- from a strong jobs economy.
“There are a lot of internation- ters and the Chinese investors Daryl Simpson, senior vice-
al buyers that were buying in Van- know that. That’s a big deal.” president of Bosa Properties, says
couver until they couldn’t really Dean Jones left Vancouver 25 his company is developing rental
do it any more, so we want to cap- years ago to settle in Seattle, units in Seattle, along with other
ture those buyers,” says long-time where he is president of Realogics Canadian developers who are di-
developer Bob Kagan, senior Sotheby’s International. He has versifying during Vancouver’s
vice-president of California- travelled to China to market Seat- market slowdown. He agrees that
based Laconia Development. “We tle properties to buyers. Mr. Jones Vancouver’s development frenzy
want to capture that market.” says he has closely watched the has given them the know-how to
Mr. Kagan has been building in transformation of Vancouver’s do the same in Seattle.
Seattle for more than three dec- housing market in the past cou- “There are very few other plac-
ades and his latest project there, ple of decades. es other than New York that have
in central Belltown, is a 41-storey “There’s a part of me that re- developed the sheer number of
condo project called Spire. The grets leaving my hometown right buildings we have developed in
tower, which is near the land- at the flashpoint of the market,” the last few decades, so the talent
mark Space Needle, is being built Mr. Jones says, “but I now feel pool is quite deep in Vancouver
in partnership with China’s big- well-positioned – and I benefited and the number of projects is
gest residential developer, Vanke. from viewing those trends up pretty significant,” he says. “The
Mr. Kagan will be in Vancouver north, that are following a similar U.S. has incredibly good home
in October and November to trajectory here in the Seattle mar- builders, but in high-rise, wheth-
meet with Vancouver brokers ket just 20 years later.” er condo or more affordable rent-
from Nu Stream Realty, who will He says foreign nationals are al in an urban context, there is an
help him entice buyers to his pro- arriving in the region for work, to experience in Vancouver that cre-
ject. About one-quarter of the send their kids to school or to in- ates a culture of competency.”
building has sold since it vest in a secondary property. And while Asian buyers who
launched in May. He’s not the on- “That’s just part of being a otherwise might have bought in
ly one looking to drum up buyers global citizen. If you have got a Vancouver might be eyeing Seat-
in Vancouver. Last weekend, Con- multientry visa program and you tle, he says they’re looking at oth-
cord Pacific, which has a condo can afford it, why not pick up a er cities, too. Mr. Simpson says his
project in Seattle, was co-sponsor place in the Seattle area? You can company will stick with rental
of a Vancouver event that billed have a second home, or your projects in the United States.
itself “an in-depth understanding fourth home or your 10th home,” However, Bosa Development,
of top tier educational opportuni- Mr. Jones says. “It’s no different which is a separate company, has
ties, future job market in Seattle than what Los Angeles, San Fran- built condos in Seattle.
and the Real Estate Boom!,” fea- The Spire was originally going to be a rental building, but was switched cisco, New York and perhaps Van- “The reality is, there is oppor-
turing expert speakers from Seat- to a condo tower with units priced at US$1,200 a square foot. couver has been for years – a great tunity there now,” Mr. Simpson
tle, with seminars for English- place to have a home and also says. “The rental market is incred-
and Chinese-speaking attendees. he’d like to beat them at their real estate timing is everything. portfolio diversification.” ibly strong.”
They see an opportunity in own game. We call it the real estate casino – Mr. Jones says every major de- It’s easier to build rental in
Vancouver buyers, now that the “They are all coming down that’s really what it is.” veloper from Vancouver is work- Seattle than Vancouver, he says,
city’s housing market has slowed. here because your [market] is Vanke is a publicly traded com- ing in Seattle, as well as many Chi- for a few reasons. The permit
In May, 2017, Greater Vancouver drying up and we are going to pany and Mr. Kagan says they are nese and Hong Kong developers. process is more straightforward
detached house prices peaked at have to compete with them. moving into markets outside of Concord Pacific, Westbank, Onni, and land economics make it
an average of $1.8-million and “And they come with buyers China. Cressey, Bosa and others have all more feasible in certain areas of
have been declining since. House who’d otherwise like to buy in “[Vanke] have been here [in made their mark on Seattle, he Seattle. Those lower land costs
prices on Vancouver’s tony west Vancouver, but for one reason or the United States] for awhile, and says. Because the region suffers combined with high local salaries
side – once popular with satellite another they can’t, so they buy in what they do is provide capital to from some of the worst traffic make it worthwhile to build luxu-
families and foreign buyers – Seattle.” U.S. developers,” Mr. Kagan says, congestion in North America, ry rental.
have fallen by 30 per cent since The Spire was originally going “and they form partnerships with there is a huge push for urban “It’s far easier to live in Seattle
the peak. Experts say a host of to be a rental tower, which has developers like us and we do the density, to avoid commutes. and pay rent on a brand new lux-
taxes deliberately aimed at for- been the trend for years in Seattle. work and split the profits. He says that Vancouver devel- ury rental suite than Vancouver,
eign and speculative buying ac- But the developer switched to “So they are doing it because opers have an advantage because because incomes are so much
tivity are responsible for the slow- condos last year, pricing the units they see the company’s future of their experience in building greater there.
down, along with tighter mort- at US$1,200 a square foot. eventually [moving] out of Chi- towers. “It seems like those who “The average employee in the
gage rules. “Everybody was doing rental,” na. They are in London, Singa- have it figured out are coming Amazon campus earns around
Mr. Kagan says that as a result, Mr. Kagan says. “The condo mar- pore, the U.S., and they want to from experienced urban density US$120,000, and that is the aver-
he’s seeing more Vancouver de- ket dried up around the recession learn how it’s done here. The way markets, like Vancouver and Asia. age – so the math works out bet-
velopers in Seattle and basically, and is just now coming back. In to learn is through partnering I would say we are working with ter,” he says.