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OTTAWA /QUEBEC EDITION ■ T H U R S D AY , M A R C H 2 4 , 2 02 2 ■ G LO B E A N D M A I L .

CO M

Dias accepted $50,000 payment NATO plans


to increase
from supplier, union alleges battlegroups
in Eastern
Former Unifor leader says in statement that substance-abuse issues impaired his judgment Europe
VANMALA SUBRAMANIAM for substance-abuse issues. He said he had members to promote the supplier, she EMMA GRANEY BRUSSELS
FUTURE OF WORK REPORTER been coping with the nerve problem said.
through pain killers, sleeping pills and al- On Jan. 20, Mr. Dias allegedly gave a Uni-
cohol, all of which had “impaired” his for employee half of those funds, or U.S. President Joe Biden and
Former Unifor leader Jerry Dias has been judgment in recent months. $25,000, telling the employee it came from Prime Minister Justin Trudeau
accused of breaching the union’s code of At a news conference, Unifor national the supplier. The employee filed a com- will join other world leaders at
ethics by accepting $50,000 from a suppli- secretary-treasurer Lana Payne said Mr. plaint under Unifor’s code of ethics and NATO headquarters in Brussels
er of COVID-19 rapid-test kits in exchange Dias accepted the $50,000 from the suppli- gave the money to Ms. Payne, upon which Thursday for an emergency sum-
for promoting the products to employers er of the test kits at some point before Jan. the investigation was launched. mit where delegates will discuss
of union members, Unifor’s national exec- 20, 2022. “No one is above our constitution,” Uni- plans to strengthen the Western
utive board said on Wednesday. Ms. Payne said an external investigation for Québec director Renaud Gagné said at military alliance, particularly
Mr. Dias, who announced his retirement determined that “on the balance of prob- the news conference. ”Dias’s actions as along its eastern flank, and con-
as national president on March 11, citing a abilities,” he had breached the union’s outlined in the findings are disturbing, and tingencies in case Russia uses
“debilitating sciatic nerve issue,” will face a constitution by promoting the test kits in if confirmed by the hearing, were a clear nuclear or chemical weapons in
hearing before the board as early as April. December, 2021, and January, 2022, to vari- betrayal of the duties of office and the trust its invasion of Ukraine.
In a statement on Wednesday, his first in ous Unifor employers. Mr. Dias allegedly that each of us as members put into our NATO Secretary-General Jens
more than five weeks, Mr. Dias said he recommended the supplier’s test kits di- union.” Stoltenberg said Wednesday af-
would check into a rehabilitation facility rectly to employers and got Unifor staff DIAS, A9 ternoon, in the first of two days
of meetings in the Belgian cap-
ital, that the leaders were expect-
ed to agree to deploy four new
battlegroups to Bulgaria, Hun-
gary, Slovakia and Romania, an-
nounce new sanctions against
Russia and tighten those that al-
ready exist.
Mr. Stoltenberg demanded
that Russia “stop its nuclear
sabre-rattling.”
[ TENNIS ] While the North Atlantic Trea-
ty Organization has plans in
place in case of nuclear and

NO. 1 PLAYER chemical strikes, he said such at-


tacks would threaten not just
Ukraine but also the country’s
ASHLEIGH neighbours, who would be hit by
the fallout.
Meanwhile, the United States
BARTY and its Western allies are assess-
ing whether Russia should re-
RETIRES AT 25 main within the Group of 20
countries.
China, which has not con-
demned Russia’s invasion and
Three-time Grand Slam winner criticized Western sanctions, de-
fended Moscow on Wednesday,
sends shockwaves through calling Russia an “important
the tennis world B11 member” of the G20.
NATO, A4

Legault warns
“I’m fulfilled, I’m happy,” Ms. Barty said in a retirement announcement
from Brisbane, Australia, on Wednesday, which she shared in a video
Liberal-NDP
released on social media. REUTERS deal intrudes
on provincial
affairs
Moderna first out of the gate with positive results BILL CURRY OTTAWA
DUSTIN COOK TORONTO
of low-dose vaccine for children younger than 6
Quebec Premier François Legault
LAURAN NEERGAARD the U.S. Food and Drug Administration will higher efficacy against severe infections.” is condemning this week’s Liber-
have to determine if that important mark- Competitor Pfizer currently offers kid- al-NDP deal as an intrusion in
er means the youngsters are as protected size doses for school-age children and full- provincial affairs, predicting the
Moderna’s COVID-19 vaccine works in ba- against severe illness as adults. strength shots for those 12 and older. And proposals won’t fly with Canada’s
bies, toddlers and preschoolers, the com- “The vaccine provides the same level of the company is testing even smaller doses premiers.
pany announced Wednesday – and if regu- protection against COVID in young kids as for children under 5 but had to add a third Echoing concerns he ex-
lators agree it could mean a chance to fi- it does in adults. We think that’s good shot to its study when two didn’t prove pressed during last year’s federal
nally start vaccinating younger children. news,” said Stephen Hoge, Moderna’s pres- strong enough. Those results are expected election campaign, Mr. Legault
Moderna said in the coming weeks it ident. by early April. described the federal Liberals
would ask regulators in the U.S. and Eu- But that key antibody finding isn’t the If the FDA eventually authorizes vacci- and NDP as two “very centralist”
rope to authorize two small-dose shots for whole story. COVID-19 vaccines aren’t as ef- nations for small children from either parties that are interfering in pro-
youngsters under 6. fective against the super-contagious Om- company, there still would be another hur- vincial areas such as health care.
The announcement is positive news for icron variant – in people of any age – and dle. The Centers for Disease Control and Prime Minister Justin Trudeau
parents who have anxiously awaited pro- Moderna’s study found the same trend. Prevention recommends who should get and NDP Leader Jagmeet Singh
tection for younger children and been con- There were no severe illnesses during the them – and Dr. Goodman said there may be unveiled a detailed agreement
tinuously disappointed by setbacks and trial but the vaccine was only about 44 per debate about shots for higher-risk children Tuesday that will see NDP MPs
confusion over which shots might work cent effective at preventing milder infec- or everyone under 5. vote to keep the Liberals in pow-
and when. Children under 5 are the only tions in babies up to age 2, and nearly 38 Vaccinating the youngest children “has er until June, 2025, in exchange
age group in Canada not yet eligible for per cent effective in the preschoolers. been somewhat of a moving target over for action on NDP policy priori-
vaccination. It’s “not a home run,” but the shots still the last couple of months,” Bill Muller of ties, including billions in in-
Moderna says early study results show could be helpful for the youngest children, Northwestern University, who is helping creased health care spending in
younger children develop high levels of vi- said Jesse Goodman of Georgetown Uni- study Moderna’s pediatric doses, said in an areas such as pharmacare and a
rus-fighting antibodies from shots con- versity, a former FDA vaccine chief. Dr. interview before the company released its new national dental-care pro-
taining a quarter of the dose given to Goodman said the high antibody levels findings. gram for lower-income Cana-
adults. Once Moderna submits its full data, seen in the study “should translate into MODERNA, A4 dians.
Other premiers, including Al-
berta’s Jason Kenney and Sas-
katchewan’s Scott Moe, have also
harshly criticized the deal. B.C.
OBITUARIES R E P O RT O N B U S I N E S S FO L I O Premier John Horgan, however,
Madeleine Ontario approves Ukrainian expressed support and Doug
Ford’s Ontario government has
Albright, first rules for titles refugees so far been muted in its response.
female U.S. used by financial capture images Mr. Legault was adamant that
the deal would infringe on pro-
secretary of state, planners, advisers of devastation left vincial authority. “I listened to
dies at 84 B17 B1 behind A10-11 what Mr. Trudeau had to say yes-
terday, and there will be a close
confrontation with Quebec and
all the provinces, including with
Ontario,” he told reporters
REUTERS/JOSHUA ROBERTS Wednesday in French.
AGREEMENT, A9

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A2 O T H E G LO B E A N D M A I L | T H U R S DAY , M A RC H 2 4 , 2 0 2 2

MOMENT IN TIME
 
MARCH 24, 1958


   ! $

Elvis Presley is shown in uniform at the barracks in Friedberg, Germany, where he


served with the U.S. Army, in this 1958 file photo. ASSOCIATED PRESS

ELVIS IS SWORN INTO


THE U.S. ARMY
R
eporting to the Memphis Draft Board early because I am.” He had every right to be anxious. A
on the rainy morning of this day in 1958, two-year army hitch would not only disrupt his
Elvis Presley was one of 13 recruits for the career but possibly sink it altogether. At Kennedy
U.S. Army. Sure, he was the world’s biggest Veterans Memorial Hospital, the All Shook Up sing-
pop star, but he put on his grey-and-white check- er was pronounced fit – no sign of leg tremors –
ered sports jacket one arm at a time just like every- and officially sworn in. Private Presley was as-
body else. Then again, the other inductees hadn’t signed to a tank battalion and given serial number
received a two-month deferment because of the 53 310 761. He underwent basic training at Fort
filming schedule attached to their latest motion Hood, Tex. King Creole, co-starring Walter Matthau,
picture – King Creole, in Presley’s case. “If I seem was released on July 2. Presley was sent to West
nervous,” he told the large press gathering, “it’s Germany on Sept. 22. BRAD WHEELER

    "$

Taliban postpones school reopening for girls


beyond the sixth grade, despite earlier pledges
KATHY GANNON KABUL

Afghanistan’s Taliban rulers un-


expectedly decided against re-
opening schools Wednesday to
girls above the sixth grade, reneg-
ing on a promise and opting to ap-
pease their hard-line base at the
expense of further alienating the
international community.
The surprising decision, con-
firmed by a Taliban official, is
bound to disrupt efforts by the Ta-
liban to win recognition from po-
tential international donors at a
time when the country is mired in
a worsening humanitarian crisis.

   $#$ The international community has
urged Taliban leaders to reopen Girls leave their school in Kabul on Wednesday after learning it would
schools and give women their not be reopening. Even the Education Ministry was caught off guard by
right to public space. the Taliban’s decision. AHMAD SAHEL ARMAN/AFP VIA GETTY IMAGES
The reversal was so sudden
that the Education Ministry was Waheedullah Hashmi, external The decision also came as the
caught off guard on Wednesday, relations and donor representa- movement’s leadership has been
the start of the school year, as tive with the Taliban-led adminis- summoned to southern Kanda-
were schools in parts of the Af- tration, said the decision was har by the reclusive Taliban lead-
ghan capital of Kabul and else- made late Tuesday night. “We er, Haibatullah Akhunzada, amid
where in the country. don’t say they will be closed forev- reports of a cabinet shakeup, ac-
Some girls in higher grades re- er,” Mr. Hashmi added. cording to an Afghan leader who
turned to schools, only to be told UN special representative Deb- is also a member of the leadership
to go home. orah Lyons will try to meet Thurs- council. He spoke on condition of
Aid organizations said the day with the Taliban to ask for a anonymity because he was not
move exacerbated the uncertain- reversal of the decision, UN spo- authorized to talk to the media.
ty surrounding Afghanistan’s fu- kesperson Stephane Dujarric said. The official said it was possible
ture as the Taliban leadership Earlier in the week, a statement that some senior interim cabinet
seems to struggle to get on the by the Education Ministry urged positions could be changed.
same page as it shifts from fight- “all students” to return when Since the Taliban swept to pow-
ing to governing. It also came as classes resumed Wednesday. er in August, 2021, there have
the Taliban leadership was con- been persistent reports of differ-
vening in Kandahar amid reports ences among the senior leader-
of a possible cabinet shuffle. Aid organizations said ship. According to these reports,
U.S. Special Representative more hard-line members are at
Thomas West tweeted his “shock the move exacerbated odds with pragmatists, who want
and deep disappointment” about the uncertainty to see a greater engagement with

  & ! $ the decision, calling it “a betrayal surrounding the world. While staying true to
of public commitments to the Af- Afghanistan’s future as their Islamic beliefs, they want to
ghan people and the internation- be less harsh than when they last
al community.” the Taliban leadership ruled Afghanistan, banning wom-
He said the Taliban had made it seems to struggle to get en from work and girls from
  clear that all Afghans have a right on the same page as it schools, the reports say.
to education, adding, “For the Television is now permitted in
   

 sake of the country’s future and


shifts from fighting to
Afghanistan, unlike in the past,
its relations with the internation- governing. and women are not required to
al community, I would urge the wear the all-encompassing burqa.
Taliban to live up to their commit- On Tuesday, ministry spokes- but must wear the hijab, covering
ments to their people.” man Mawlvi Aziz Ahmad Rayan their heads. Women have also re-
$#    The Norwegian Relief Council, had told AP that all girls would be turned to work in the Health and
which spends about US$20-mil- allowed back to school, although Education ministries and at Kabul
lion annually to support primary the Taliban administration would International Airport at passport
  $ $  $ education in Afghanistan, was not insist on it in areas where par- control and customs.
still waiting for official word ents were opposed or where The Taliban were ousted in
$$#$#  " % about cancelling the classes for schools could not be segregated. 2001 by a U.S.-led coalition for har-
girls above the sixth grade. He was reluctant to give details bouring al-Qaeda leader Osama
Berenice Van Dan Driessche, but promised if schools can meet bin Laden. They returned to pow-
advocacy manager for the com- these conditions, “there would no er after the U.S.’s chaotic depar-
mittee, said their representatives issue for them” to begin classes for ture last year.
had not received official word of girls in the higher grades. “In prin- Girls have been banned from
the change as of Wednesday ciple, there is no issue from the school beyond the sixth grade in
night, and that girls in the 11 prov- ministry side, but as I said, it is a most of the country since the Tali-
inces where they work had gone sensitive and cultural issue,” he ban’s return. Universities opened
to school but were sent home. added. earlier this year in much of the
      The committee’s staff in the The decision to postpone the country, but since taking power
provinces “reported a lot of disap- return of girls at the higher grade the Taliban edicts have been er-
  





pointment and also a lot of uncer- levels appeared to be a concession ratic. While a handful of provinces
  
 
     tainty” about the future, she said. to the rural and deeply tribal back- continued to provide education
It said that in some areas, teachers bone of the hard-line Taliban to all, most provinces closed insti-
said they would continue to hold movement that in many parts of tutions for girls and women.
classes for the girls until the Tali- the countryside are reluctant to
ban issued an official order. send their daughters to school. ASSOCIATED PRESS
T H U R S DAY, M A RC H 2 4 , 2 0 2 2 | T H E G LO B E A N D M A I L O NEWS | A3

China may think twice of invading: Taiwan


Top diplomat suggests cally more important than Uk-
raine because it is a world leader
Russia’s setbacks in in manufacturing semi-conduc-
Ukraine could give tor computer chips, essential for
Communist Party modern economies. A Chinese
takeover of Taiwan would give
pause about attempting China control over the produc-
a similar assault on the tion of chips for automobiles,
self-governing island smartphones, artificial intelli-
gence and high-performance
computing.
So far, he said Taiwan has not
ROBERT FIFE had to put its forces on high alert,
STEVEN CHASE OTTAWA even though Mr. Xi and Mr. Putin
signed an agreement before the
Feb. 24 invasion promising unlim-
Taiwan’s top diplomat predicts ited support. In recent years, Beij-
the Western economic backlash ing has militarized the South Chi-
over Russia’s military assault on na Sea and, over the past few
Ukraine, combined with the fierce months, has stepped up military
resistance Kyiv has mounted sorties against Taiwan. On Oct. 1
against the invaders, may force and 2 last year, Beijing sent 80 mil-
China to rethink any plans to seize itary aircraft, including fighter
the self-governing island by force. jets and bombers, toward Taiwan,
Foreign Affairs Minister Joseph prompting the Taiwanese mili-
Wu said in an interview that Tai- tary to scramble fighters in
wan has been taking notes on response.
how underdog Ukraine has Because of the close bond be-
thwarted Russia’s superior mili- Taiwanese President Tsai Ing-wen oversees a military drill in Penghu in 2017. Beijing has militarized the tween the Chinese and Russian
tary forces from quickly conquer- South China Sea in recent years, and stepped up its military threats against Taiwan last October. leaders, Mr. Wu said he does not
ing the country. TAIWAN PRESIDENTIAL OFFICE VIA REUTERS believe Beijing will be willing to
Russia has suffered a series of play much of a diplomatic role in
military failures in a land battle “I am sure that is going to be a Taiwan,” Prof. Tsang said. “So, action against Taiwan, we are ca- ending the war. Beijing has
with Ukraine that is geograph- very strong deterrent against Chi- Beijing is likely to defer the time pable of defending ourselves,” he blamed the conflict on NATO ex-
ically less challenging than what na’s leaders from thinking about frame to seize Taiwan, in order to said. “I am sure the Chinese oper- pansion into Eastern Europe and
Beijing would face in an amphib- using military force against Tai- get better prepared, but it will not ation against Taiwan is going to be criticized Western economic
ious assault on Taiwan, an island wan,” he said. change the overall plan and difficult and complicated, and it is sanctions.
located about 160 kilometres off Mr. Wu said he thinks the stea- objective.” not going to be easy.” China is also profiting from the
the coast of China. dy flow of weapons and support Mr. Wu said Taipei must always Beijing’s authoritarian govern- punishing economic sanctions
Taiwan also possesses techno- to Ukraine from other democra- be on guard for a possible Chinese ment considers Taiwan a break- imposed on Russia, he said. “They
logically advanced U.S. weapons cies is also giving China pause. invasion, and that’s why Taiwan’s away province, even though the have already signed huge deals to
that Ukraine’s forces lack. “I think they might think twice military commanders are study- Chinese Communist Party, which purchase grain from Russia, to
The fighting spirit of Ukrai- because of possible sanctions ing how effective Ukraine has seized power in China more than purchase energy from Russia at a
nians and severe Western eco- against China or the possible sup- been in countering Russian 70 years ago, has never ruled the price that is below the market
nomic sanctions against Moscow port that would come to Taiwan, forces. island. China’s leadership has not price,” he said of Beijing.
should give pause to President Xi and it may not work in their He declined to divulge what disavowed using force to take Mr. Wu said Canada can help
Jinping’s determination to use favour.” lessons Taiwan has taken from control of Taiwan, which peace- Taiwan by concluding negotia-
military force to regain control However, Steve Tsang, a profes- the Russian war against Ukraine fully transitioned to democracy tions on a foreign investment pro-
over Taiwan, Mr. Wu said. sor of Chinese studies and direc- but said his country will be ready from martial law in the late 20th motion and protection agree-
He said China’s leadership has tor of the University of London’s to face off against China. Taiwan century. ment, or FIPA, with the island to
to take into account that it could SOAS China Institute, said Beijing has sophisticated anti-ship mis- Prof. Tsang said he expects boost trade ties, by sending war-
face similar economic sanctions will also be learning lessons from siles, modern fighter jets and is after watching Ukraine that Tai- ships through the sensitive Tai-
from Western democracies if the the poorly prepared invasion by building eight diesel-electric sub- wan’s armed forces might shift wan Strait, and sharing insight on
People’s Liberation Army President Vladimir Putin’s Russia. marines. “even more” to buying relatively how to combat Chinese cyber and
attempted to invade Taiwan, a “Unless Russia will be com- “We understand that we need light and mobile anti-ship and an- disinformation operations. Taipei
vibrant democracy that was pletely crippled by Western sanc- to look at our weaknesses by view- ti-aircraft weapons, rather than also wants Canada’s support for
formed by Chinese Nationalist tions and Putin falls from power ing what is going on in Ukraine investing heavily in conventional its application to join the Trans-
forces that fled the mainland as a result, China will mostly draw and try to improve our own de- big-ticket items such as large war- Pacific Partnership trade pact
when the Communist Party swept the wrong lessons from the war fence capabilities. So when China ships, jets or heavy tanks. signed in 2018. China has also
to power in 1949. and not give up its plan to take unfortunately has to take military Mr. Wu said Taiwan is strategi- applied to join.

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A4 | NEWS O T H E G LO B E A N D M A I L | T H U R S DAY , M A RC H 2 4 , 2 0 2 2

Canada urged to increase role in Baltics


Latvia’s Deputy PM headquarters and presence,” the NATO’s most exposed members cent of GDP.
Latvian minister said in an inter- He said larger military budgets
uses meetings in Ottawa view.
The Suwalki Gap that separates the Russian eXclave of Kaliningrad from
are needed because of Mr. Putin’s
Kremlin-aligned Belarus is the only land link from Central Europe to
to plead for a greater “We would like that Canadians the Baltic states of Estonia, Latvia and Lithuania actions.
NATO presence in Riga join. We trust Canadians,” he said, “Our assessment of Russia was
adding that, ideally, Canada’s mil- NATO members NATO Enhanced wrong,” he said of expectations
itary would take on a co-leader- (includes Canada, U.S.) Opportunities Partners* that Mr. Putin would not launch
STEVEN CHASE ship role. He said this commit- NOR. SWED. FIN. an unprovoked war on a Europe-
SENIOR PARLIAMENTARY ment would require posting a an country. “The consequences of
REPORTER Canadian general in Riga. Kadetrinne: our misjudgment was that our
Strategic sea RUSSIA
The Globe and Mail asked Ms. ESTONIA budgets were not fit.”
Anand’s office whether Canada route to Baltic The Latvian lawmaker said he
states Riga LATVIA
The Deputy Prime Minister of Lat- would take on this role. Spokes- would like Western leaders to fol-
Baltic Suwalki Gap: 65km-wide
via says he would like to see Cana- person Daniel Minden said: “Can- LITHUANIA low the example of Eastern Eu-
Sea corridor is chokepoint
da take on an additional NATO ada will be contributing to the ropean prime ministers and show
should Russia attempt to
leadership role in his country’s Multinational Division North and cut off Baltic states solidarity with Ukraine by travell-
capital. is currently considering what that KALININGRAD BELARUS ing to Kyiv, currently under siege
DENMARK
Artis Pabriks, who is also Lat- contribution would look like.” POLAND by Russian forces, to meet with
via’s Defence Minister, was in Ot- The three Baltic states, which GERMANY SLOVAKIA UKRAINE Ukrainian President Volodymyr
tawa Wednesday for meetings were Soviet republics as recently CZECH Zelensky. The prime ministers of
GEORGIA
with Deputy Prime Minister as 30 years ago, fear they may be REP. Poland, the Czech Republic and
Chrystia Freeland and Defence Mr. Putin’s next target if Ukraine HUNGARY Slovenia made a hazardous jour-
Minister Anita Anand as allies falls to Russian forces. Their only Crimea: Black Sea ney by train to meet Mr. Zelensky
SLOVENIA ROMANIA
map out their response to Rus- land connection to the European AnneXed in Kyiv on March 15.
sian President Vladimir Putin’s Union and NATO is a strip of terri- CROATIA by Russia 0 500 “If the Prime Minister of Po-
BULGARIA TURKEY KM
military assault on Ukraine. tory known as the Suwalki Gap, ITALY land can do it, why shouldn’t oth-
Latvia is already the site of where Lithuania meets Poland. *Closest form of cooperation with NATO. Georgia, Ukraine join in Sept. 2014
ers be there,” Mr. Pabriks said.
Canada’s biggest military deploy- This corridor is also the shortest GRAPHIC NEWS, SOURCES: BLOOMBERG, NATO, REUTERS
The Latvian leader said all the
ment right now: By the end of point between Belarus, a close al- sanctions Western countries have
March, Canada will have nearly ly of Russia, and the Russian port slapped on Russian politicians,
700 troops near the country’s of Kaliningrad, a separate piece of ly stop them at the border,” he The Latvian minister said deci- oligarchs and businesses are not
capital, Riga, as part of a five-year- Moscow’s territory on the Baltic said. sions will be made at the NATO enough. “The job is only half
old NATO effort to deter Russian Sea. Mr. Pabriks said he expects a Madrid summit and will have im- done,” he said.
aggression. Canada leads a multi- The gap is a major concern for meeting of NATO leaders in Brus- plications for future military The West should go after ex-
national NATO battle group NATO. If Russia were to take it, the sels this week and a June summit spending. Canada currently falls tended family holdings of
there. Baltics’ land connection with in Madrid will result in a decision far short of a NATO commitment wealthy Russians close to Mr. Pu-
Mr. Pabriks said he’s pitched mainland Europe would be se- by June to transform a massive to spend 2 per cent of its annual tin, Mr. Pabriks said. These elites
Canada on taking on a second vered. If that were to happen, Bal- defence buildup in the Baltics economic output (gross domes- support the war while they or
role: joining the command of NA- tic leaders worry, Lithuania, Lat- and Eastern Europe into a more tic product) on defence. Ottawa their families live in Western
TO’s Multinational Division via and Estonia would be cut off permanent presence to hold Rus- devotes only about 1.4 per cent of countries.
North, which is charged with like West Berlin, the Cold War-era sia at bay. Several years ago, NATO GDP to military expenditures. He urged Western leaders to
planning and preparation in the Western enclave within East Ger- member countries deployed Asked about Canada’s defence press any companies still doing
event of war. Based in Riga, it co- many. about 5,000 troops, plus equip- spending record, Mr. Pabriks said business with Russia to exit com-
ordinates allied land forces de- Like his Baltic counterparts, ment, to NATO’s eastern flank af- he would not want to criticize Ot- pletely, and to set a timetable to
ployed in Estonia, Latvia and Mr. Pabriks is seeking allied help ter Moscow annexed Crimea. In tawa because his country is ex- end European reliance on Rus-
Lithuania and prepares for collec- in beefing up air defences. He said recent months, this force has tremely grateful for Canadian bat- sian energy.
tive defence. A Danish major- the revised military strategy in been doubled. tle group leadership in Latvia. “We have to de-Putinize the
general commands the head- his country is to deny Russian He expressed hope that one “On the other hand, if you are a West,” he said. “We cannot ap-
quarters. forces a chance to seize territory – day NATO might become a global NATO member, we should be proach this aggressive authoritar-
“We need Canadian support to ground he fears they might not organization that includes Pacific ready to spend more.” Latvia has ian regime in Russia with soft
build up the northern division relinquish. “We must immediate- Rim countries. hiked defence spending to 2.5 per gloves.”

NATO: Trudeau tells EU that war in Ukraine must result in ‘ruinous costs’ for Moscow
FROM A1 Swaths of Europe are hugely
reliant on Russian fossil fuels.
Mr. Stoltenberg told reporters That’s particularly true in Germa-
that China’s decision to spread ny, which has repeatedly resisted
“blatant lies and disinformation” calls to put sanctions on Mos-
about the conflict would be an- cow’s energy businesses, citing
other point of discussion during economic concerns. Chancellor
Thursday’s summit. Olaf Scholz did so again Wednes-
He added that NATO members day, just as Mr. Putin announced
were worried about Beijing’s that his country would accept
move to join Moscow in ques- only rubles for payment for the
tioning the right of independent crucial gas it ships to Europe.
countries to choose their own As NATO leaders discuss joint
path. action to enhance energy securi-
“I expect leaders will call on ty in Europe on Thursday, the
China to live up to its responsib- topic will also be on the table for
ilities as a member of the UN Se- energy ministers 320 kilometres
curity Council, refrain from sup- away at a two-day International
porting Russia’s war effort, and Energy Agency summit in Paris.
join the rest of the world in call- The agency’s executive direc-
ing for an immediate, peaceful tor, Fatih Birol, has said he would
end to this war,” he said. use the meeting to persuade en-
Australian Prime Minister ergy ministers to reduce the
Scott Morrison on Thursday said world’s reliance on Russian crude
he has been raising concerns (which accounts for about 8 per
about Russian President Vladi- cent of global supplies), helped
mir Putin’s plans to attend the in part by accelerating the transi-
next G20 summit in Indonesia, tion off fossil fuels to clean ener-
later this year. Children play in front of a streets and demand an end to the cy in the face of the invasion, as gy.
“The idea of sitting around a building damaged in war. well as humanitarian and mili- Oil markets will also be watch-
table with Vladimir Putin, who fighting in the southern “Come from your offices, your tary aid, and developing plans to ing Thursday’s NATO meeting
the United States are already in port of Mariupol, homes, your schools and univer- rebuild the country after the war. closely, with tough measures
the position of calling out [for] Ukraine, on Wednesday. sities, come in the name of He also told the Parliament against Moscow raising the
war crimes in Ukraine, for me is a The Russian invasion has peace, come with Ukrainian sym- that the bloc has Canada’s full spectre of a global supply crunch.
step too far,” Mr. Morrison said so far driven a quarter of bols to support Ukraine, to sup- support as it squeezes Russia ec- Louise Dickson, the senior oil
during a media briefing in Syd- Ukraine’s population port freedom, to support life,” he onomically and politically in a analyst at data company Rystad
ney. from their homes. said in a video address. bid to end the conflict. Energy, said in a research note
In Kyiv, Ukraine’s leader called ALExANDER ERMOCHENKO/ Mr. Trudeau, in a speech to the He made his speech after a that if the EU shuns oil originat-
for solidarity on Thursday, a REUTERS European Parliament in Brussels broader debate in the Parliament ing from Russian ports and pipe-
month since Russia’s invasion on Wednesday evening, said Rus- about the importance of further lines, it will put a dent of more
began, warning that he would sia’s unprovoked war on Ukraine European sanctions on Russia. than two million barrels a day in
see who sells out at summits in must come with “ruinous costs” It’s a point Mr. Trudeau echoed, the market, keeping prices ele-
Europe where restrictions on en- for Moscow, spurred by European saying, “We must ensure that the vated near US$120.
ergy could prove divisive. and global leaders uniting with a decision to invade a sovereign, Russia has threatened to turn
The humanitarian toll in the “deliberate, mindful effort” to independent country is under- off gas supplies to Europe in the
conflict continues to rise and has safeguard democracy. stood to be a strategic failure that case of an EU oil embargo, Ms.
driven a quarter of Ukraine’s This is Mr. Trudeau’s second carries with it ruinous costs.” Dickson added, which has only
population of 44 million from visit to Europe in the past month. Global energy players, mean- added to short-term market vola-
their homes. President Volody- During his address, he stressed while, continue wrestling with tility.
myr Zelensky asked people the importance of transatlantic what to do in the face of uncer-
around the world to take to the co-operation to defend democra- tainty over oil and gas supplies. with a report from Reuters

Moderna: U.S. has limited company’s vaccine to adults over side-effect concerns
FROM A1 es were safe and that mild fevers, combines protection against the that, armed with additional evi-
such as those associated with oth- original virus and the Omicron dence, it is updating its FDA appli-
“There’s still, I think, a lingering while the study er common pediatric vaccines, variant. cation for teen shots and request-
urgency to try to get that done as were the main reaction. U.S. parents may find it confus- ing a green light for six- to 11-year-
soon as possible.” wasn’t large enough Hudson Diener, 3, only briefly ing that Moderna is seeking to olds, too. Dr. Hoge said he’s opti-
While COVID-19 generally isn’t to detect very rare cried when getting test doses at vaccinate the youngest children mistic the company will be able
as dangerous to youngsters as to side effects, Stony Brook Medicine in Com- before it’s cleared to vaccinate to offer its vaccine “across all age
adults, some do become severely Moderna said the mack, N.Y. His parents welcomed teens. While other countries in- groups in the United States by the
ill. The CDC says about 400 chil- the study results and hope to cluding Canada already have al- summer.”
dren in the U.S. younger than 5 small doses were learn that Hudson received the lowed Moderna’s shots to be used Moderna says its original adult
have died from COVID-19 since safe and that mild vaccine and not dummy shots. in children as young as 6, the U.S. dose – two 100-microgram shots –
the pandemic’s start. The Omi- fevers, like those “We are really hoping to get the has limited its vaccine to adults. is safe and effective in 12- to 17-
cron variant hit children especial- answer we’re looking for soon so The FDA hasn’t ruled on Mod- year-olds. For elementary school-
ly hard, with those under 5 hospi-
associated with we can take a deep breath,” said erna’s earlier request to expand age kids, it’s using half the adult
talized at higher rates than at the other common Hudson’s mom, Ilana Diener. its shots to 12- to 17-year-olds be- dose.
peak of the previous Delta surge. pediatric vaccines, Wednesday’s news should “hope- cause of concern about a very The heart risk also seems link-
The younger the child, the were the main fully be a step closer for his age rare side effect. Heart inflamma- ed to puberty, and regulators in
smaller the dose being tested. group to be eligible for the vac- tion sometimes occurs in teens Canada, Europe and elsewhere
Moderna enrolled about 6,900
reaction. cine very soon.” and young adults, mostly males, recently expanded Moderna vac-
kids under 6 – including babies as Boosters have proved crucial after receiving either the Pfizer or cinations to kids as young as 6.
young as six months – in a study for adults to fight Omicron, and Moderna vaccines. Moderna is “That concern has not been
of the 25-microgram doses. Moderna currently is testing getting extra scrutiny because its seen in the younger children,”
While the study wasn’t large those doses for children as well – shots are a far higher dose than Northwestern’s Dr. Muller said.
enough to detect very rare side ef- either a third shot of the original Pfizer’s.
fects, Moderna said the small dos- vaccine or an extra dose that The company said Wednesday ASSOCIATED PRESS
A6 | NEWS O T H E G LO B E A N D M A I L | T H U R S DAY , M A RC H 2 4 , 2 0 2 2

Black students placed


in language program
without parents’ consent
According to advocates, program without their parents’ they don’t belong,” Ms. Grant said.
consent or knowledge and how One parent, Hassan Ahmed,
Ottawa school only let many are Black students. learned this past fall that his son,
families know about In an e-mailed statement, who is in Grade 6, has been in the
children’s enrolment in CEPEO declined to make its Actualisation linguistique en
board’s staff available for an in- français program since Grade 2. Stellantis NV expects its plant in Windsor, Ont., to be fully
language support two terview. The board said the pro- He grew curious about what his operational by 2025 and will provide batteries for electric cars
months into school year gram is for children whose first son was learning when he told made in factories across North America. CARLOS OSORIO/AP
language is not French or who him at dinner one night that he
have limited knowledge of the would regularly complete his
CAROLINE ALPHONSO language. It is meant “to achieve schoolwork faster than other stu-
EDUCATION REPORTER a level of French language profi- dents in his class and that it was Stellantis, LG to build EV
ciency sufficient to follow the easier.

The children of more than 30


regular curriculum and succeed
in school.”
Mr. Ahmed is a fluent French
speaker and was a teacher in Afri-
battery plant in Windsor
Black families in Ottawa were The board said educators do ca before moving to Canada. In
placed in a language proficiency not require parents’ permission Ontario, students can enroll in JEFF GRAY
support program without their and that enrolment is noted in French-language schools if a fam- QUEEN'S PARK REPORTER
parents’ consent, advocates say. report cards, although the fam- ily member has studied at a
The families only learned two ilies and their advocates said French elementary school in
months into the academic year they were never told and Canada. School boards also ac- Hundreds of millions in government subsidies will help build
that the Conseil des écoles pu- wouldn’t have known what to cept students based on their Canada’s first large-scale electric-vehicle battery plant in
bliques de l’Est de l’Ontario (CE- look for. French-language proficiency. Windsor, Ont., a $5-billion joint venture between global auto
PEO), a French public school The board added that a “par- Mr. Ahmed approached the giant Stellantis NV and South Korean battery maker LG Ener-
board in Ottawa, had placed their ent communication form” was principal but has yet to hear why gy Solution.
elementary school-age children created this year “to provide his son was put in the program or The investment is the largest in Canada’s auto sector in his-
in the program, Actualisation lin- more transparency in the deliv- how he has progressed. tory, federal Minister of Innovation, Science and Industry
guistique en français, which is ery of the service and to foster “I was flabbergasted. I was an- François-Philippe Champagne told an event in Windsor on
meant to develop language skills collaboration with parents.” gry. It was ridiculous,” he said. Wednesday with company executives, Ontario Premier Doug
so students can follow the regu- It did not directly answer a “They never approached me that Ford and Windsor Mayor Drew Dilkens.
lar curriculum. question about what prompted they’re putting my kid in there.” The massive injection of cash, which the companies and
Charline Grant, the chief advo- the new form. He added: “They stole the fu- governments say will create 2,500 jobs, was committed after a
cacy officer at Parents of Black Ms. Grant and other advocacy ture of my kid. He is a watered- concerted push by the federal and provincial politicians to at-
Children, said the families re- groups say the practice puts a down French speaker now.” tract electric-vehicle and battery manufacturing to Canada
ceived a note about their chil- spotlight on streaming in public Similarly, Haweya Farah, a and Ontario amid a global race to win new investment as the
dren’s enrolment attached to education, which separates stu- graduate of the school board, industry transforms.
their progress report cards. dents based on their abilities and said her family requested docu- The Ontario Premier said the governments could not dis-
Some parents, she said, discov- has negatively affected low-in- ments as to why her youngest close the precise amount of government money going toward
ered that their children had been come, racialized and special- brother, in Grade 4, was placed in the new facility as it could affect negotiations under way with
in the program for years, and needs students. the program. She has received no other companies on similar deals. But he said the govern-
they believe it uses a watered- The Ontario government plans explanation. Ms. Farah spear- ment subsidies would be in the “hundreds of millions.”
down curriculum for French-lan- to end streaming for all Grade 9 headed the advocacy on behalf of In a news release, the federal government said the amount
guage classes. courses in the next school year. the families. was “subject to commercial confidentiality” but that more in-
“Every call we got is they didn’t The province is the only jurisdic- “None of the families received formation would be unveiled “once due diligence is complet-
know and they found out in the tion that divides students as they a reason why they were put in the ed.”
progress report, which is the up- enter high school into a hands- program,” she said. “There’s no In similar deals, the two governments have each pledged to
setting part about it,” said Ms. on applied stream or an academ- transparency.” cover up to 10 per cent to 20 per cent of this kind of new auto-
Grant, whose organization is one ic track that sets them on the Alice Audrain, a parent advo- sector investment.
of several advocating for the fam- path for postsecondary studies. cate at Parents for Diversity in Ot- “This game-changing battery plant will help guarantee
ilies and has met with the board. Research has shown that Black tawa, said parents feel their chil- that Ontario is at the forefront of the electric-vehicle revolu-
“Without saying the words, you students and those from low-in- dren are “streamed out of the tion and ensure we remain a global leader in auto manufac-
are telling them you don’t think come families, with Indigenous regular curriculum.” Some of the turing,” Mr. Ford said.
they’re capable of making a deci- backgrounds or with special parents she represents received Industry observers also have called the long-anticipated
sion for their children.” needs are more likely to be en- no indication that their children move transformational for Canada’s auto sector. However,
The advocacy groups are call- rolled in the applied stream and were struggling in school. major car makers have already announced even larger multi-
ing for an independent investiga- are 4½ times more likely not to Ms. Audrain said many Black billion-dollar battery and EV facilities in the U.S. and else-
tion into why Black students earn a diploma than their peers children already feel they don’t where. Stellantis’s chief operating officer for North America,
were placed in the program with- in the academic stream. belong in the school environ- Mark Stewart, also said Wednesday that the company plans to
out the consent of their families. Critics of streaming, however, ment. So placing them in a spe- build another new battery plant south of the border.
“If their intentions are good, argue that it starts as early as kin- cial program, she said, even if Stellantis, created by a merger last year of Fiat Chrysler Au-
why wouldn’t they give the par- dergarten. they’re sitting in their own class- tomobiles and France’s Peugeot SA, says its 4.5-million-
ents that respect and sit down “We’re trying to put our kids in room, will only add to their chal- square-foot Windsor plant is expected to be fully operational
with them and have it be a col- a more marketable position, lenges. by 2025 and will provide batteries for electric cars made in fac-
laborative decision between par- education-wise. There are barriers “There’s no transparency. tories across North America. But the company did not say pre-
ents, school and students?” Ms. to prevent them from getting in, There’s no equity lens. There’s no cisely where it plans to build its new generation of electric ve-
Grant asked. and when they’re in, they are inclusion. They don’t take into hicles, which it says will account for 50 per cent of its car and
It is unclear just how many targeted and being made to feel account the needs of the com- light-truck sales by 2030 in Canada and the United States. Ot-
children have been placed in the unwelcome and made to feel that munity they serve,” she said. tawa’s target is to see 100 per cent zero-emission vehicle sales
in Canada by 2035.
Both Queen’s Park and Ottawa have been working to woo
car makers and battery companies as the industry looks to
transform itself, with billions of dollars and thousands of jobs
Ottawa planned to remove residential school at stake for the country’s vital auto sector.
In an interview, Mr. Ford’s Economic Development Minis-
memorial months earlier, documents show ter, Vic Fedeli, said he expects more auto-sector announce-
ments in the coming weeks. He also said talks were under way
with several other manufacturers and that he expects anoth-
STEPHANIE TAYLOR OTTAWA er battery plant announcement before the end of the year.
Both he, Mr. Champagne and other officials have been meet-
ing with Stellantis executives for months.
The federal government had orig- Mr. Fedeli said his government’s efforts to reduce taxes and
inally hoped to remove a Parlia- costs for business, along with the province’s talent base and
ment Hill memorial dedicated to its green energy grid that draws largely on nuclear and hydro
Indigenous children who died power, helped make the case.
and went missing from residen- He also defended his government’s decision to cancel its
tial schools months earlier than rebates for Ontario consumers who actually buy electric cars,
actually happened last year, ac- which remain more expensive than comparable gas-burning
cording to newly released docu- vehicles. (The federal government and some other provinces,
ments. such as Quebec, still offer incentives.) Mr. Fedeli said Ontario
Hundreds of tiny shoes, stuffed has instead decided to spend its money securing manufactur-
animals and flowers began ap- ing jobs.
pearing around the Centennial “We are all-in, our chips are all-in, on the manufacturing
Flame in front of Parliament’s side of this equation,” Mr. Fedeli said.
Centre Block last spring, after the Canada’s auto industry is getting the massive investment
Tk’emlúps te Secwépemc Nation despite the threat of a proposal from U.S. President Joe Biden,
announced ground-penetrating Tiny shoes, stuffed animals and flowers surround the Centennial Flame now stalled on Capitol Hill, which would offer incentives of up
radar had found the possible re- on Parliament Hill last June. JUSTIN TANG/THE CANADIAN PRESS to US$12,500 to Americans who buy U.S.-made and union-
mains of about 200 children on made electric vehicles.
the site of a former residential According to the documents, to proceed. The preferred option Mr. Ford and Mr. Fedeli were in Washington on Monday
school near Kamloops. officials with Crown-Indigenous among the three presented was to making their case against the idea. They also sought to reas-
The Parliament Hill memorial Relations and Northern Affairs hold a ceremony the week before sure U.S. companies that the six-day protest blockade of
was one of many that popped up initially wanted to hold a ceremo- Aug. 15. Windsor’s key Ambassador Bridge to the U.S. last month
across the country as Canadians ny to remove the display last Ultimately, the memorial re- would not happen again. Ontario introduced a bill on Mon-
were confronted with the horrors summer, before the widely antici- mained for two more months, day that threatens stiff penalties for those who block borders.
Indigenous children faced when pated election campaign. until the end of October, when, Asked about both the blockade and the Biden measures on
removed from their families and The document outlines offi- under the direction of Algonquin Wednesday, Mr. Stewart, the Stellantis COO for North Amer-
forced to attend these institu- cials were consulting with the Al- elders, it was quietly taken down ica, noted that minivans built in Windsor have flowed across
tions over more than a century. gonquin Anishinabeg Nation, by about 20 people, including the border to U.S. customers for decades, and he expects no
It became a place where Indig- whose traditional territory in- department officials. different with batteries.
enous elders and tourists alike cludes Ottawa, and national In- “We have been long-standing partners for nearly 100
would stand in silence. digenous organizations on how THE CANADIAN PRESS years,” he said.
Both Ontario and Ottawa routinely link their efforts to at-
tract battery plants to longer-term hopes that most of the
minerals used in Ontario-made batteries could be sourced in
FEDERAL CARBON-PRICE REBATES TO RISE IN ONTARIO, MANITOBA the province’s North.
“Canada is the only nation in the Western hemisphere with
the capacity and the materials to transform cobalt, graphite,
OTTAWA The value of carbon- “I think it’s surprising that federal carbon pricing, which lithium and nickel into the next generation of batteries which
price rebate cheques from the more Canadians aren’t aware of was tabled in the House of Com- will be needed to power electric cars,” Mr. Champagne told
federal government will jump the climate rebates,” said Stewart mons this week, shows Canada Wednesday’s event.
more than 66 per cent in Ontario Elgie, director of the Environ- collected more than $4.2-billion The new plant follows a series of similar announcements
and Manitoba this year to make ment Institute at the University in carbon levies on consumers from governments and industry, including a $500-million
up for too-small rebates the past of Ottawa. and small businesses in 2020-21. General Motors Co.-affiliated plant to produce cathode active
two years. “But as people start getting So this year, as the carbon material, used in EV batteries, in Bécancour, Que. German gi-
And, for the first time, the actual payments every three price rises 25 per cent, the pay- ant BASF announced similar plans there.
payments will come quarterly, months, I think it will be much ments in Ontario and Manitoba Last week, Mr. Ford and Prime Minister Justin Trudeau an-
rather than hidden as a lump more visible and people will are going up 66 per cent and 71 nounced $131.16-million from each government for Honda
sum in annual tax-return become much more aware that per cent, respectively. Motor Co. Ltd.’s plant in Alliston, Ont. In 2020, Ontario and the
deposits. they’re getting money back and For a family of four, the pay- federal government put $295-million each toward a Ford Mo-
Carbon-price backers say that they’re getting more back than ments will hit $745 in Ontario tor Co. of Canada Ltd. plan for a $1.8-billion global battery
will make the money more they’re paying in most cases.” and $832 in Manitoba. electric-vehicle production hub at its complex in Oakville,
visible to Canadians. The second annual report on THE CANADIAN PRESS Ont.
T H U R S DAY, M A RC H 2 4 , 2 0 2 2 | T H E G LO B E A N D M A I L O NEWS | A7

Pharmacists seek bigger role in COVID-19 drug access


Associations pushing interactions with dozens of other problem is a limited supply of the
common medications, so people drug in Canada, given the global
for power to prescribe who get a prescription will likely demand.
Paxlovid and other need assistance from pharma- Ms. Hanna said pharmacists
antiviral medications cists, who have expertise in ma- are uniquely positioned to help
naging such issues. make access to Paxlovid easy, con-
Danielle Paes, chief pharmacist venient and fast. For instance, in
CARLY WEEKS HEALTH REPORTER officer with the Canadian Phar- many parts of Canada, pharma-
macists Association, said this sit- cists have been administering CO-
uation highlights why a national VID-19 tests and giving vaccines.
Many pharmacy associations in scope of practice would be bene- “We want to minimize contacts
Canada say they should be play- ficial, allowing pharmacists to with the health care system so we
ing a bigger role in prescribing play a consistent role and be part can shorten that time to treat,”
and dispensing a new COVID-19 of the conversation when policy Ms. Hanna said. “We are in every
antiviral medication to ensure pa- decisions about drugs and related community. A lot of pharmacies,
tients get the drug during the five- issues are made. we are already distributing and
day treatment window. “There’s a need for a thoughtful administering COVID tests.”
Paxlovid, the brand name of approach to make sure we are us- Gregory Marchildon, Ontario
the first oral antiviral medication ing this very valuable tool and Research Chair in health policy
approved by Health Canada to treatment option in a way that and system design with the Uni-
treat COVID-19, is in short supply Pfizer’s Paxlovid has to be administered within the first five days of helps as many Canadians as pos- versity of Toronto’s Institute of
in much of the country and can be COVID-19 symptom onset to be effective. JENNIFER LORENZINI/REUTERS sible,” she said. Health Policy, Management and
difficult to find. In many prov- “I think it is possible,” she said. Evaluation, said there’s a case to
inces, people who meet the nar- Belcher, a practising pharmacist is manufactured by Pfizer, has to When it comes to Paxlovid, be made for increased use of phar-
row criteria for access to the drug, and vice-president of strategic be administered within the first provinces each have their own macists’ expertise to make the
which was approved in January, initiatives and member relations five days of symptom onset, system, with some similarities. health care system function more
often have to navigate a complex at the Ontario Pharmacists Asso- meaning that convenience and But some within the pharmacy efficiently.
process requiring visits to multi- ciation. ease of access play important profession say it’s often not an ide- “It’s very clear that pharma-
ple physical locations in order to Each province and territory has roles. The medication, a combina- al set up for patients, who may cists have much more education,
get the medication. different rules and guidelines for tion of antiviral drugs nirmatrel- have to go to an assessment centre training and experience, knowl-
For these reasons, the associ- how pharmacists operate and the vir and ritonavir, stops the SARS- or health care provider and then edge [in] pharmaceuticals than
ations are pushing for greater in- type of duties they can perform, CoV-2 virus from replicating, make a separate visit to a pharma- physicians,” he said.
volvement in providing access to called the scope of practice. Alber- which significantly reduces a per- cy dispensing the antiviral. But he also said rather than
Paxlovid and other COVID-19 an- ta, for instance, gives pharmacists son’s chances of becoming se- Availability in pharmacies va- simply expanding the scope of
tivirals that may be approved. more range, allowing them to pre- verely ill. Those eligible to receive ries by province. In Ontario, for in- practice of pharmacists, it makes
“We’re really advocating for scribe any drug, except for narcot- Paxlovid include immune-com- stance, only a select few hospital sense to integrate them into
that role of pharmacist as a medi- ics and other controlled substanc- promised adults and unvaccinat- pharmacies are dispensing the family health clinics so they can
cation expert who would provide es. But in most other provinces, ed seniors, although the criteria drug. work with physicians and other
the full testing, assessment, pharmacists can only prescribe a are expected to widen as supplies Sandra Hanna, the CEO of the health care professionals at the
screening, prescribing and dis- select few drugs. increase. Neighbourhood Pharmacy Asso- time of prescribing medications
pensing and monitoring,” said Jen To be effective, Paxlovid, which The drug can also have serious ciation of Canada, said part of the to patients.

CANADIAN TROOPS ORDERED TO STAY AWAY AS FOREIGN FIGHTERS FLOCK TO UKRAINE

OTTAWA Members of the Cana- plies to both full-time service indicate whether any Canadian Last month, Ukrainian Pres- those warnings Wednesday
dian Armed Forces have been members and part-time re- troops are currently in Ukraine. ident Volodymyr Zelensky called when asked what support the
banned from joining the thou- servists. Canada had 250 military for the creation of an “inter- government will give Canadians
sands of foreigners who have “So for current CAF members, trainers in Ukraine, but the national brigade” to help fend captured by Russian forces.
flocked to Ukraine in recent they are not permitted to be in federal government said they off a Russian invasion that be- Russia has reportedly threat-
weeks to help fight Russia’s the area, even if they were to be were withdrawn to neighbouring gan Feb. 24. ened criminal prosecutions
invasion. on leave,” Lt.-Gen. Allen told the Poland shortly before Russian Thousands of foreigners have against any foreigners captured
Vice-Chief of the Defence committee as she appeared forces invaded the country. since answered that call to arms, fighting in Ukraine.
Staff Lieutenant-General Frances alongside Defence Minister The government said those including many Canadians, Lt.-Gen. Allen, meanwhile,
Allen told the House of Com- Anita Anand. troops were retasked with pro- despite warnings from the feder- raised the spectre of Moscow
mons defence committee on The only exception is if their viding humanitarian support, al government against all travel attempting to use captured
Wednesday that the order came presence in Ukraine is specific- but Ms. Anand did not give the to the country. foreign fighters for propaganda
from General Wayne Eyre, Chief ally approved by Gen. Eyre, committee an update, citing Foreign Affairs Minister Méla- purposes.
of the Defence Staff, and it ap- Lt.-Gen. Allen added. She did not operational security. nie Joly and Ms. Anand repeated THE CANADIAN PRESS

 
  

 


     
 


      
 



   
 
  




  



 
 
      
 

     
 
 
  

            


 
   
 

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T H U R S DAY, M A RC H 2 4 , 2 0 2 2 | T H E G LO B E A N D M A I L O NEWS | A9

Hajdu urges [ ROYALS ]

‘ambitious’
Indigenous
housing aid
Minister says issue of shelter
is approaching ‘state of crisis’ in many
communities, noting large funding gap

KRISTY KIRKUP OTTAWA

Indigenous Services Minister Patty Hajdu says she has put for-
ward an “ambitious” funding request for Indigenous housing
to Finance Minister Chrystia Freeland ahead of the budget.
Ms. Hajdu told The Globe and Mail on Wednesday that
Dry run
housing is approaching a “state of crisis,” noting there are
long waiting lists in many communities and huge strains on
families. She did not specify what her budget request to Ms. Prince William and Kate, Duchess of Cambridge,
Freeland includes. “I will just say this: The AFN [Assembly of meet Jamaica’s national bobsleigh team during a visit
First Nations] has estimated that there is about a $60-billion
gap,” she said. “Safe to say that obviously I have an ambitious to Kingston’s Trench Town on on Tuesday. The royals are
ask in to the Finance Minister.” on the Platinum Jubilee Royal Tour of the Caribbean
Ahead of the tabling of the fiscal blueprint, chiefs at the
AFN and other Indigenous leaders are also making a major
push for significant spending they say is required to address CHRIS JACKSON/REUTERS
the housing backlog. The issue is expected to be a major
theme in the budget, expected in April, and is among shared
priorities outlined in the new agreement between the Liberal
government and the New Democrats.
Under the heading of reconciliation, a document on the
agreement says there is a need to make a “significant addi- Dias: Former union head told executives about
tional investment in Indigenous housing in 2022.” It also says
it will be up to First Nations, Inuit and Métis communities to medical leave a week after he learned of probe
determine how housing investments are designed and deliv-
ered. FROM A1
Housing has been a major concern throughout the pan-
demic, with overcrowded lodging presenting challenges for Unifor did not disclose the name
individuals looking to self-isolate to help prevent the spread of the supplier because it did not
of the coronavirus. Chief Public Health Officer Theresa Tam participate in the investigation,
said in 2020 that First Nation, Inuit and Métis communities but the union acknowledged sev-
faced a higher risk of severe outcomes, owing to health ineq- eral employers bought the test
uities and the higher prevalence of underlying medical condi- kits.
tions, as well as the unique challenges of remote and fly-in Mr. Dias was asked to partici-
communities. pate in the investigation but did
Ms. Hajdu pointed Wednesday to the example of Bearskin not, the union said. In his state-
Lake First Nation in Northern Ontario that grappled with a ment, which was released as Uni-
COVID-19 outbreak this year. She said individuals who had for was holding its news confer-
the virus were often living in households with several others. ence, Mr. Dias said he was unable
“You can well imagine that if you’re sharing that tight of a to take part in the investigation
space that disease can circulate,” she said. on the advice of his physician.
Ms. Hajdu told an AFN housing forum Wednesday that the Mr. Dias told union executives
connection between health and housing is clear. She noted on Feb. 6 that he was going on
tuberculosis, COVID-19 and many other health outcomes are medical leave, a week after he
worsened when housing is crowded, poorly constructed or in learned he was being investigat-
bad shape. The AFN, which represents more than 900,000 ed by Unifor. He had previously
First Nations people in 634 communities across the country, is said he would retire in August,
encouraging chiefs to press Ms. Freeland, along with other after the union’s constitutional
parliamentarians and senior officials, on housing. convention in Toronto, at which
The organization says there is a need for $44-billion in fed- a new leader would be elected.
eral investments to address current needs, and an additional “My physician has told me, It’s uncertain what Globe, former New Democratic
$16-billion to accommodate population growth to 2040. The straight up, that I need help,” he penalty former Unifor Party MP Peggy Nash, a long-time
housing crisis has been created by decades of “federal neglect said in his statement. “That’s president Jerry Dias union activist, said she felt “sad”
and underfunding,” the AFN said. why I am entering a residential could receive, and “disappointed” upon hear-
It has also pointed to statistics showing approximately 60 rehabilitation facility.” Mr. Dias given that he has ing the allegations against Mr.
per cent of First Nations housing is in need of repair, with 10 also said he would step away resigned from the union. Dias.
per cent requiring replacement. The AFN said overcrowding is temporarily from all advisory po- TIJANA MARTIN/ Ms. Nash, who worked along-
a problem, with approximately 30 per cent of housing used by sitions. THE CANADIAN PRESS side former national president of
multigenerational occupants. The Globe and Mail reported the Canadian Auto Workers
Manitoba AFN Regional Chief Cindy Woodhouse said she last week on an e-mail dated Feb. union Basil (Buzz) Hargrove dec-
hopes First Nations housing will figure prominently in the 27 that said Mr. Dias was under ades ago, also said she knew Mr.
budget, while she described housing and infrastructure as be- investigation by the union. The Dias well and he had done a lot
ing at “crisis levels.” She said anything short of the $60-billion e-mail was from Dave Cassidy, a of good things for workers.
requested will result in the further widening of the housing senior union member, to mem- It is unclear what penalty Mr.
gap between First Nations and non-First Nations people in bers of the national executive Dias would face from Unifor, giv-
Canada. board, which includes Ms. Payne. en that he has resigned. He still
“It is tough for families and communities,” Ms. Woodhouse The union did not make any holds union membership, so any
said, adding First Nations have lived with the effects of this public statements about the in- The union will hold kind of punishment for the
problem for generations. vestigation until after The Globe breach could involve revoking
There have been many deaths with house fires in commu- asked about the e-mail and a special convention his membership, Ms. Payne said.
nities, she added, noting she wants policy makers to consider whether it was accurate that Mr. in the coming weeks The union will hold a special
this. She said she wants to believe there is a willing partner in Dias was being investigated. to elect a new convention in the coming weeks
the federal government to ensure life improves in communi- Unifor released a statement on president. Scott to elect a new president. Scott
ties. March 14 confirming the investi- Doherty, Mr. Dias’s executive as-
Earlier this month, the Office of the Parliamentary Budget gation. Ms. Payne said the union Doherty, Mr. Dias’s sistant, is contending for the top
Officer released a report on the government’s expenditure had always intended to bring the executive assistant, job and has been endorsed by
plan. It said Indigenous-related budgetary spending has in- results of the investigation to the is contending for the national executive board. Mr.
creased significantly over the past six years. national executive board and did Cassidy is also running.
The report also noted that proposed spending in the main not mention the investigation
the top job and Mr. Dias was elected to his first
estimates for Indigenous Services Canada and Crown-Indige- publicly prior to that because it has been endorsed of three successive terms as na-
nous Relations are $39.6-billion and $5.8-billion, respectively, was a confidential matter. by the national tional president of Unifor, Cana-
representing a 214-per-cent increase over Indigenous-related “Because our constitution re- executive board. da’s largest private-sector union,
budgetary expenditures compared with 2017-18. quires confidentiality on these in 2013. The union represents
Indigenous Services Canada says the government has kinds of claims, you can appre- 315,000 workers across multiple
spent more than $3.7-billion since 2016 on Indigenous and ciate why if we don’t provide sectors, including the auto indus-
Northern housing, and this is in addition to about $149.5-mil- that, no one will come forward try, and many employees at The
lion provided every year to First Nations to support housing with a complaint,” she said. Globe and Mail and the Toronto
needs. In an interview with The Star.

Agreement: Ontario Liberal Leader says he’s open to working with provincial NDP
FROM A1 vative and Bloc Québécois MPs Democrats in Alberta and tie the sive Conservatives would need to ruled out working together in the
from the province as they criti- provincial party to the federal car- see the federal dental and phar- case of a minority government af-
“It’s not true that Doug Ford will cized the deal. bon tax. “In case anybody is mis- macare plans before committing ter a provincial election sched-
accept that Justin Trudeau de- Liberal Minister Pablo Rodri- understanding this: The Alberta support. “We’ll pay attention and uled for June and said they
cides how he administers the guez, the federal cabinet’s Quebec NDP is a branch plant of Jagmeet we’ll see what the federal govern- wouldn’t support another term
health budget.” lieutenant, defended the deal, Singh’s federal NDP, which is a ment has to offer,” Mr. Calandra for Mr. Ford. Ontario Liberal Lead-
“I’m sorry but the federal gov- saying critics can’t comprehend branch plant of Justin Trudeau’s said during Question Period er Steven Del Duca said he hasn’t
ernment has no expertise to di- some parties want to work togeth- Liberal Party. And they’re all in ca- Wednesday. “But, of course, we had a conversation with Ms. Hor-
rect how much money we should er. “The fact that we want to sit hoots to make life more expen- would not sign anything that isn’t wath but is open to working
be spending on long-term care, down and talk about social hous- sive for Canadians,” Mr. Kenney in the best interests of the tax- across party lines.
how much we should spend on ing, that’s good for Quebec. Fight- said in the provincial legislature payers of the province of Ontario.” Michel Breau, the Canadian
mental health, how much we ing climate change is good for on Wednesday. Mr. Calandra expressed con- Dental Association’s head of ad-
should devote toward hiring Quebec. Helping workers is good Mr. Horgan applauded the cern about cross-party deals, vocacy and governance, said his
more nurses,” he said. for Quebec. But unfortunately, it’s agreement, which mirrors the pointing to a 1985 agreement be- organization was surprised by
“I know there is a very strong bad for the Bloc,” he said. deal that allowed him to secure a tween the Ontario Liberals and Tuesday’s announcement of a na-
common front from the prov- Mr. Kenney called the Liberal- minority government in 2017 with NDP to form government after the tional dental-care plan. He said
inces to say that health care is a NDP agreement an effort “to keep the support of the provincial PCs won the most seats in the there are still very few details
provincial jurisdiction. But now Trudeau in power through 2025, Green Party. “Glad to see political election. He said this partnership about the pledge and that the
we have two very centralist par- being backstopped by the anti- co-operation designed to help led to increased debt and taxes in CDA strongly recommends Otta-
ties – the Liberal Party of Canada oil-and-gas NDP.” people,” he tweeted, adding the the province. wa simply transfer funding to the
and the NDP – that want to im- “This is bad news for Alberta. premiers are ready to negotiate Ontario NDP Leader Andrea provinces to improve their exist-
pose this on all of the provinces. I There’s no sugarcoating it,” he health funding with Ottawa. Horwath praised the federal deal ing dental programs.
think they will run into a wall.” said in a video posted Tuesday on Mr. Ford hasn’t publicly re- as a way to provide dental care
The Premier’s comments were social media. sponded to the deal since it was and prescription drugs to Cana- With reports from
promptly quoted on the floor of Mr. Kenney has used the alli- announced. Ontario House Lead- dians in need. Both the Ontario James Keller in Calgary
the House Wednesday by Conser- ance to attack the opposition New er Paul Calandra said the Progres- Liberal and NDP parties haven’t and Justine Hunter in Victoria
A10 WAR IN UKRAINE O T H E G LO B E A N D M A I L | T H U R S DAY, M A RC H 2 4 , 2 0 2 2

Olena Yurchak and her husband had planned to move into a freshly renovated apartment on Feb. 24, the day the war began. That very building was struck. Standing outside on a cold night
after crossing into Slovakia, Ms. Yurchak, who is from Irpin, showed a video and photos that were shared in a group chat of a neighbour trying to extinguish the fire ignited by the blast.
“If we were there, we would be dead,” she said, adding it was “just luck” they weren’t. Ms. Yurchak, 60, said that she and her 58-year-old husband are physicians and that he is in Ukraine,
volunteering with a local army. She feels as though she’s lost the world from under her feet, saying her soul is hurt and her heart is breaking.

Sitting at a picnic table under a large tent at a refugee welcoming centre in Michalovce, 19-year-old Zhanna Shchablova was tired after spending a lot of time on the road travelling to Slovakia
from Kharkiv. But as she and her family prepared to continue onward to Germany, the teenager thought about those left behind: her dad, her boyfriend, her friends and her best friend’s dog.
“My dad is at home with my dog and I’m nervous about him. … I think people have to know that they have to appreciate life and appreciate safe skies. It’s good when there’s peace in the
world.” She shared a photo of her dad with their dog.

ON THEIR CELLPHONES, Refugees in Slovakia took out their


devices to show The Globe and Mail what
UKRAINIANS KEEP MOBILE memories of home they’re hanging on to
MEMENTOES OF HOMES AND LIVES
RUINED BY RUSSIAN INVASION JANICE DICKSON MICHALOVCE, SLOVAKIA
PHOTOGRAPHY BY DOROTA HOLUBOVA/THE GLOBE AND MAIL

Valeria Terekh, her husband, Sergey, and their two boys, Stanislav and Maksim, were afraid as they huddled together in the bomb shelter below their home. The worst part was the sound of
Russian airplanes. Ms. Terekh said it took her five attempts to make soup because each time she made some progress upstairs in her kitchen, she would have to go back down to take cover.
Just days after they left their home, the other side of their building was struck, killing an elderly woman who was asleep and couldn’t make it to the underground shelter. “I’m physically here,
but my soul is in Kharkiv,” Ms. Terekh said through tears. She shared photos of her family and neighbours sheltering below their home.

Anna Shatniaya, her mom, Tatiana, and Anna’s two kids, Igor and Masha, kept each other company on green mattresses that lined the main room of a rest area for refugees. They will travel
to Germany, for no reason other than receiving some advice that it would be a good idea. Ms. Shatniaya said she now shakes when she hears loud sounds, adding that she is worried about
how her children will be affected by the war. “We learned this history. We never thought it could happen again,” she said, sharing a picture from last year when they were resting at the
seaside in Odesa. “We were happy.”
T H U R S DAY, M A RC H 2 4 , 2 0 2 2 | T H E G LO B E A N D M A I L O NEWS | A11

Yulia Yudina, who now helps other refugees arriving in Slovakia, was brought to tears when she opened her phone to a selection of art she drew and painted back at home. She’s not a
professional, but she tried to put some of her soul into her work, she said. “I can’t take it with me and I know it can be bombed, and it was my sweet little home with these drawings, with
these paintings.” Each painting takes a week, she added. Ms. Yudina arrived a little more than a week ago from Kharkiv and wanted to volunteer so she can be of use instead of simply
waiting for the war to end.

Even as their country was being bombed by Russian forces, Elena Kolbatieva, her husband and her mom came together for International Women’s Day. Days passed in which they could not
leave their homes and, not living far from each other, they decided to celebrate on March 8 – to “just sit together,” she said, accompanied by her mom, Klavdia Sheptun, her mom’s dog,
Bond (named after James Bond), and her sister, Ludmila Sheptun, in a waiting area for refugees. They eventually left because the bombs came too close to home, Klavdia said. Ms. Kolbatieva
showed a photo from that get-together on IWD.

What are the lasting images of home for refugees as they leave it behind? Ukrainians who fled to neighbouring Slovakia carry with them photos of the destruction
Russian forces have brought to their country. With a quick swipe through their cellphones, many instinctively share images of destroyed apartment buildings, parks
or schools. Those who don’t have pictures of their own homes often have photos of devastated neighbourhoods or places they used to go.

At Slovakia’s largest border crossing, and at a sports hall that has been converted into a welcoming centre, The Globe and Mail asked Ukrainians to share photos
and memories of home – whatever it meant to them in the moment.

Veronika Denshchyk, 26, held her daughter’s hand and led the one-year-old around the reception centre. She came here with her sister, cousins and their children, and will stay in Slovakia
because “there’s no difference” where they go, and it’s the safest place close to home. Bombs were falling on their city of Dnipro before they left, she said. She shared a photo of herself with
her husband and daughter at a mall that was ruined after a night of Russian shelling. “It’s shock,” she said, looking at the photo. It was taken Feb. 14, 10 days before the war began.

Anna Savko and her husband, Viktor, sat together with their little 11-year-old dog, Bosynka, between them. The couple, in their 60s, are from Donbas, and their trip to Slovakia took days.
Anna shared a selfie with her dog that she snapped at home one week before the Russian invasion. “She’s so scared we have to give her medicine,” she said. They were waiting for their
children to arrive before deciding where to go next. Where that is does not matter much to them. “We want to return home and have peace,” Viktor said.
A12 O T H E G LO B E A N D M A I L | T H U R S DAY , M A RC H 2 4 , 2 0 2 2

PHILLIP CRAWLEY

EDITORIAL PUBLISHER AND CEO

DAVID WALMSLEY
EDITOR-IN-CHIEF

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

The main way


to solve the
housing crisis
A
year ago this week, this page began an editorial with
a colloquial observation: “Canada’s housing market
is bonkers.”
Since then, the stew of factors prompting that observation
have only intensified. Low interest rates, escalating pur-
chases by investors, and a general mania convinced the hot
market will just get hotter have exacerbated the long-term
lack of supply.
Today, bonkers is ever more so the right word to describe
Canada’s housing market. The latest data show the MLS
home price index climbed 3.5 per cent in February from Janu-
ary, the biggest-ever monthly gain. The index is up almost
30 per cent in a year – also a record.
A year ago, this page and others argued that interventions
were necessary to dampen demand, something that had
worked in the recent past.
In 2016-17, during the last housing mania that centred on
Vancouver and Toronto, officials jumped in with new rules –
from levies on empty homes, speculators and foreign buyers,
to tighter mortgage requirements. The Bank of Canada, after
stoking housing with lower interest rates in the mid-2010s,
more than tripled its policy rate to 1.75 per cent by late 2018,
LETTERS TO THE EDITOR
up from 0.5 per cent in mid-2017.
GIVE A BOOST dent of the Business Council of case, particularly after both
It worked. Price growth slowed to a dribble. Canada, is doing Canadians a world wars. In essence, a Western
Then came the pandemic, which first saw a stampede for Re Welcome To The Pandemic’s disservice in his pitches to the “no-fly zone” has always been in
DIY Phase (March 22): “We’ve United States. place because Ukraine is geopol-
detached homes. A widespread boom followed. This time,
gone from failing the vulnerable Such attitudes keep the Cana- itically beyond the pale.
governments didn’t intervene and the Bank of Canada kept to forsaking them,” them being dian economy dependent on While the West anxiously
“people who are immunocom- others. We remain “hewers of watches, hoping for a positive
its finger off the interest-rate trigger (until this month), and
promised and/or have chronic wood and drawers of water,” but outcome and welcoming refu-
now we have moved way past bonkers to something else. health conditions such as cancer consistently fail to add value to gees, Ukrainians are effectively
This has led to a polarized debate around what’s the cause and heart disease.” I’m in one of our natural resources. We instead on their own. And given Mr. Pu-
those categories but am not ask- sell to the highest bidders and tin’s long-standing revanchism,
and what’s the solution. There are two camps. One cites ing for anyone to continue mask- buy products back at inflated who can predict what is in store
supply and one points to demand. Both are correct. ing or otherwise inconvenience prices. for, say, NATO’s Baltic republics?
themselves on my account. Our leaders should look after Listening is easy – responding
Look at what two of the big banks are saying. Scotiabank By all means, get back to liv- Canadian consumers first. After is another matter entirely.
says Canada has underbuilt for decades and has fewer homes ing. But give me access to one all, it is our oil and we should be Alan Scrivener Cornwall, Ont.
thing that’ll help me do the benefiting first from any “bar-
compared with other Group of Seven countries. The Bank of same: the vaccine. I’m so pro- gains.” Re Canadians Support Further
Montreal says “we need to support supply” but argues “that’s vaccine that I’d get a shot every M. Terry Ashcroft Cobourg, Ont. Sanctions, But Are Hesitant To
Sunday. But so far in Ontario, on- Go To War With Russia: Nanos
like bringing a squirt gun to the ranging inferno of demand.” ly the immunocompromised Poll (March 23): Rather than
LISTEN UP
Both things are true. Solving the long-term supply short- and those in assisted-living set- equipping Ukraine with more
tings have been offered second weapons, I firmly believe we
age does not address the short-term mania. Housing starts in boosters. Re If We’d Only Listened (Opin- must advocate for a Ukrainian
2021 reached a high. That did not slow prices. It seems to me that Canada is ion, March 19): Vladimir Putin is surrender.
flush enough with vaccines to condemned for being furious Volodymyr Zelensky’s leader-
But long-term problems are not quickly resolved. No one is about his country being encir- ship in defence of his country is
both help other countries and its
arguing that increasing supply is some sort of magic bullet; own vulnerable population. cled with nuclear weapons; for seen as noble and heroic. Who
Rudy Buller Toronto believing that his country has a doesn’t cheer on the righteous
that a rewrite of ancient municipal zoning restrictions, which
unique civilizing destiny; for be- underdog against the evil aggres-
prevent densification and perpetuate scarcity, will suddenly ing concerned about Russian mi- sor? But this is not a feel-good
WHO GETS WHAT? norities in hostile countries; for movie.
make housing affordable.
being committed to a “Russia Vladimir Putin will not stop
And it is absolutely true that taking on demand – starting Re NDP To Back Military Spend- first” policy – as though these his clumsy efforts. This is a war
with interest rates – could make a difference now. But cooling ing In Exchange For Social Pro- concerns are unknown in West- of egos, patriotism and self-inter-
grams (March 23): At 75, this is ern countries. This feels like est. How many more children are
demand doesn’t solve the central problem. the first time that I am ashamed sheer hypocrisy. to be orphaned, maimed or
Sure, prices could fall. Say, as rates rise, prices drop 25 per to call myself Canadian. I believe humiliation is key to killed?
Canadians should remember understanding Mr. Putin. By dis- I respectfully recommend
cent this year. That’s a lot. Yet that only eliminates gains dur- that the Liberals did not win the missing him as having nothing Canada do what it is best at: Call
ing the pandemic. The problem of housing prices being out popular vote, but now will gov- worthwhile to say, we energize for reason.
ern as if they have a majority. his disposition for domination John Taliano Port Colborne, Ont.
of reach for many people existed before that. The party also seems to have and cruelty. Western arrogance,
The reality is Canada, and the Western world in general, moved so far to the left that it then, provides a major contri-
ON THE DIAL
has rendered the NDP irrelevant. bution to this destabilizing glob-
created this bind over decades. The building of housing in As for the NDP backing mil- al crisis.
cities has been too heavily restricted. Most land is reserved itary spending in exchange for Mervyn Russell Oakville, Ont. Re Russia’s RT Television Chan-
this “deal,” consider that all par- nel Illegal In Canada, CRTC Rules
for the least density possible – the detached home. ties have expressed support for One important attribute of Rus- (Report on Business, March 17):
Suburban sprawl is one result of that, and that’s bad for the this increased spending. Even for sia’s empire: It is a colonial state. The Canadian Radio-television
all those Canadians who voted Countries such as Britain, and Telecommunications Com-
economy. If people can’t afford to live in cities, where the
Liberal or NDP, this is not an France and Germany had colo- mission is concerned that pro-
economy is most productive, our collective gains are muted. event that should be celebrated. nies in different parts of the gramming from Russia’s RT
Brian Walsh Brant, Ont. world. The only difference is that channel “seeks to … demean
The demand argument, while valid, is too often wielded
Russia’s colonies are contiguous people of a particular ethnic
against an increase in density. Some have recently pointed to Groups of MPs may work togeth- to the European mainland. background.” This feels like inad-
the 2021 census. In one example, the Toronto region’s pop- er to promote common goals. The war in Chechnya was an vertently refreshing candour
This is not a formal coalition example of a colony trying to from the regulator.
ulation grew 4.6 per cent from 2016, but dwellings grew unless declared such. Candice free itself. The Baltic states and Fox News, still accessible in
“more” at 7 per cent. What supply problem? Bergen may not like this Liberal- the territories in Turkestan were Canada, is known to many for
NDP agreement, but it is not a brought into Russian territory anti-Muslim and anti-immigra-
The actual math is this: The population rose by 274,000 coalition government. unwillingly. tion propaganda. Facebook is
people to 6.2 million while dwellings rose 159,000 to 2.39 mil- Peter Davison Hamilton European powers tried using still accessible as well, despite re-
force to keep their colonies; the ports of its alleged role in perpet-
lion. The housing deficit remains. What is all the fuss about? The result was merciless wars and ul- uating genocide in Myanmar, for
The reality in the City of Toronto is that the population solution seems simple: The Con- timately failure. Vladimir Putin which Rohingya refugees are su-
servatives and Bloc Québécois is trying the same tactics and ing the social-media giant for
across many neighbourhoods has fallen by 220,000 over two just need to gather a majority of this will likely fail, too. US$150-billion.
decades, because of exclusionary zoning. That’s the opposite seats and arrange an agreeable Paul Silverstone West Vancouver I firmly believe in free speech,
coalition. regardless of how disagreeable it
of what should happen. There is nothing wrong if po- I doubt whether things would be may be. However, the CRTC re-
Ontario last month published a landmark report on hous- litical parties co-operate and different had more attention veals to me that censorship will
compromise on important poli- been paid to Vladimir Putin’s be exercised only when a (very)
ing policy. It called for “immediate and sweeping reforms,” past declarations and actions. particular ethnic group is de-
cies.
starting with allowing four units of housing with no prior Dragan Kljenak Mississauga Despite multitudinous outpour- meaned.
ings of deepest concern and Karim Fazal Oakville, Ont.
approval on any city lot.
sympathy, modern history illus-
The province has yet to act. Yes, new zoning won’t solve CANADA FIRST trates the West’s near-total indif-
ference to the fate of Ukraine. Letters to the Editor should be
the problems of today. And yes, demand is a serious factor.
Re Canada’s Commodities Can Even the country’s pre-inde- exclusive to The Globe and Mail.
But it’s obvious that supply is the real, long-term issue. As Cover Shortages, U.S. Lawmakers pendence name – “the Ukraine” Include name, address and daytime
Canada’s population rises, building more housing – a lot Told (March 23): It is typically – suggests that it was always part phone number. Keep letters under
Canadian to want to help our of Russian hegemony. A refusal 150 words. Letters may be edited for
more – is the best answer. neighbours in times of trouble. to become militarily involved in length and clarity. E-mail:
But I think Goldy Hyder, presi- its destiny has forever been the letters@globeandmail.com

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

CHRISTINE BROUSSEAU GARY SALEWICZ TONY KELLER MATT FREHNER SANDRA E. MARTIN
ASSISTANT MANAGING EDITOR, NEWS EDITOR, REPORT ON BUSINESS EDITORIAL PAGE EDITOR HEAD OF VISUALS HEAD OF NEWSROOM DEVELOPMENT
T H U R S DAY, M A RC H 2 4 , 2 0 2 2 | T H E G LO B E A N D M A I L O NEWS | A13

OPINION
Singh brings integrity back to politics
He might not score Joining hands with an unpopular everything a government does. afloat. Significant legislation for governance in the Singh
Liberal PM to extend his tenure is Not scoring political points pleasing to the NDP was passed move. “Four-year terms are es-
political points with a not a good look. doesn’t seem to bother him as over the next two years. Political- sential to get anything meaning-
confidence agreement, But as the Peggy Lee number much as it does others in the cyn- ly, the arrangement worked out ful done,” he tweeted. “Those
but the party leader put it, “Is that all there is?” Only ical enterprise. He appears to re- splendidly for Justin Trudeau’s who play full-time electioneering
the political calculation? Or alize his party does not have a father, who won back a majority games do not serve the public in-
has put the public could it be that Mr. Singh was do- reasonable chance at forming in the 1974 election, but poorly terest.”
above partisanship ing something entirely uncom- government and that his primary for the New Democrats, who lost The Conservatives will now
mon in the context of what we role, therefore, is moving those in 15 seats. probably have to wait three years
see in politics today? Could it be power as close as he can to his Today’s deal comes at an even before having another crack at
LAWRENCE that he was putting the interests, NDP priorities. more tumultuous period than the big prize. But what’s hap-
MARTIN as he saw them, of the people and That said, his arrangement the early 1970s. With two elec- pened may benefit them. The
the country before those of nar- with Mr. Trudeau is less than tions creating minority parlia- Liberals lumping themselves in
OPINION row political partisanship? meets the eye. The two parties ments in the past three years, and with the NDP puts up a large “so-
Could it be that he really were already aligned on many of with the pandemic, the trucker’s cialist” target for the right-siders
meant it when he said the most the issues in the agreement. Mr. rebellion and now the calamity to fire at.

T
he reaction to the deal be- important thing for his party, its Singh didn’t nail down Mr. Tru- of war in Europe, Mr. Singh and Mr. Singh’s move has raised
tween Justin Trudeau and raison d’être, was getting “help to deau with enough specifics on Mr. Trudeau saw a need to stabi- doubts within his own 25-mem-
Jagmeet Singh has typified people” and that this deal with dental care, pharmacare and is- lize the political environment. In ber caucus, with MP Jenny Kwan
the politics of our time. Mr. Trudeau advanced that objec- sues such as climate change. this regard, the NDP Leader noting that some of her fellow
While the NDP Leader wanted tive? In a time of mind-numbing, Much of the document is aspira- might be excused for feeling as Dippers lack faith in the Liberals:
to focus on how his agreement reflexive hyper-partisanship that tional. Given his big gift to Mr. though he acted in the public in- “They’re worried that they won’t
with the Prime Minister would creates distrust and disgust to- Trudeau, he could have exacted terest as well. actually act on the agreement,”
bring better dental care, health ward politicians, and that has bigger concessions. Conservatives were under- she told reporters.
care and more affordable hous- turned American politics into a In making the deal, Mr. Tru- standably apoplectic. “God help But the party has a leader in
ing to Canadians, what most ob- cesspool, what a refreshing and deau may well have been think- us all,” said interim party leader Jagmeet Singh who appears to
servers wanted to talk about were ennobling change that would be. ing back to 1972 when, in the Candice Bergen. Pierre Poilievre prioritize the public interest over
the political consequences. The You get the sense that Mr. wake of a minority victory over tweeted that the deal amounted the political one. If that is indeed
horse race. Who won? Who lost? Singh is a bit different from your the Robert Stanfield Tories, to a “socialist coalition power the case, he need be saluted. If
By this yardstick Mr. Singh was standard bargain-basement poli- Pierre Trudeau and NDP leader pact.” more politicians showed that de-
deemed – and I tend to agree with tician. As an opposition leader, David Lewis worked out an agree- But long-time political strate- gree of integrity, faith in the sor-
the assessment – the big loser. he’s not viscerally antagonistic to ment that kept the Liberals gist Rick Anderson saw benefits did business could be restored.

After decades of timidity, can Canada’s allies still take us seriously?


CHRISTIAN LEUPRECHT U.S., but for all of NATO. If North
BRUNO CHARBONNEAU America is increasingly vulnera-
ble to air attack, including with
hypersonic missiles, the U.S. secu-
OPINION rity guarantee that makes NATO
possible in the first place will be
Christian Leuprecht is a professor at undermined.
the Royal Military College and Canada must also revisit its en-
Queen’s University, senior fellow at ergy policy and ensure European
the Macdonald-Laurier Institute and energy security, while decarbo-
the author of Intelligence as nizing and accelerating the global
Democratic Statecraft. energy transition. Russian gas ex-
ports to Europe are subsidizing
Bruno Charbonneau is a professor President Vladimir Putin’s thug-
and director of the Centre for gish attrition strategy in Ukraine:
Security and Crisis Governance at targeting critical infrastructure to
the Royal Military College Saint-Jean make localities unlivable and un-
and the director of Centre FrancoPaix governable; demoralizing civil-
at the Chaire Raoul-Dandurand at the ians with thermobaric bombs,
Université du Québec à Montréal. non-conventional weapons and
air strikes; besieging cities until

T
he deficiencies in Canadian they surrender; and outsourcing
defence policy and diplo- urban warfare to irregulars and
macy can be summed up as: local militias.
words speak louder than action. Finally, instead of performative
In the years after Russia’s 2014 announcements, Canada actually
annexation of Crimea and during needs to deliver on sanctions,
Donald Trump’s presidency, Can- Prime Minister Justin Trudeau and Minister of Defence Anita Anand join NATO Secretary-General Jens starting by making good on the
ada paid its commitment to NA- Stoltenberg, right, during a visit to Latvia’s Adazi military base on March 8. TOMS NORDE/AFP VIA GETTY IMAGES Canadian Financial Crime Agency
TO forward, especially with its announced back in 2019. The Cul-
lead contribution to the En- prosperous and democratic. At tive with a historic policy U-turn: ity in the tone of European lead- len Commission on Money Laun-
hanced Forward Presence in Lat- times, NATO membership has al- an immediate infusion of €100- ers. He was just the latest prime dering in B.C. is making apparent
via and a major commitment to lowed federal governments to un- billion to modernize its armed minister to once again put electo- that Canada, with its lax laws and
the NATO-organized training derinvest in defence by harness- forces, a promise to raise defence ral self-interest ahead of Canada’s lack of meaningful enforcement,
mission in Ukraine. Still, in the ing economies of scale. Canada spending to more than 2 per cent national interest – but this time, is a haven for dirty money from
current fraught circumstances, could thus “punch above its of its GDP and the export of mis- the ramifications are far-reac- around the world, including from
more is needed. weight” despite missing alliance siles and anti-tank weapons to hing. Russia.
Russia’s invasion of Ukraine members’ spending commit- support Ukraine. After decades of willful neglect, The federal government’s cur-
has forced the issue. We need to ments of 2 per cent of GDP on de- Germany also announced two Canada’s international policy rent course is quickly becoming a
invest more in international af- fence. new liquid natural gas import ter- cupboard is bare. To regain its serious liability. But the forth-
fairs to show that Canada is a seri- By design rather than conse- minals to reduce its dependence standing in both NATO and Wash- coming federal budget and this
ous and credible ally, or we will be quence, Europe has become our on Russian energy imports; the ington, Canada has to deliver on week’s NATO summit afford Mr.
ignored as a discretionary ally by most important strategic rela- EU, meanwhile, has accelerated real capabilities: robust expedi- Trudeau an opportunity to
the United States and Europe and tionship after the United States. plans to phase out Russian gas. tionary capacity, ballistic missile change tack and invest resources
end up having to invest a lot more The European Union bolsters Yet the only European and U.S. al- defence, the renewal of the North that match a commitment to
later for vastly diminished re- Canadian interests in moderating ly with untapped potential to American Aerospace Defence global leadership and foresight.
turns. the U.S. penchant for unilateral- make an immediate difference Command, specifically the re- It’s time to signal that Canada can
Multilateral institutions have ism. But with the invasion of Uk- here is proving predictably unre- placement of the North Warning continue to be counted upon as a
long given Canada disproportion- raine, Europe is both welcoming liable: Canada. air defence system and ballistic reliable ally – one that is adept at
ate bang for its buck on its inter- the return of strong U.S. leader- During Mr. Trudeau’s recent missile defence, and a standalone pragmatic crisis management, yet
national-policy investments. ship and coalescing as a much trip to Europe, there was jarring foreign intelligence agency. In re- strategic in its international poli-
Canada helped build a transatlan- more cohesive and independent dissonance between his talking turn, European allies must recog- cy. The alternative is a world
tic security architecture to keep defence actor. German Chancel- points on jobs, the middle class nize that this spending is not just where Canada finds itself irrele-
the North Atlantic region secure, lor Olaf Scholz seized the initia- and climate change, and the grav- for the security of Canada and the vant and alone.

If Russia is truly concerned about denazification, it should address the problem at home
DAVID MATAS nocent. Of the six million Jews Former Ukrainian president Vik- Holocaust. The Soviets seized nazification, like every other wor-
killed in the Holocaust, 1.5 mil- tor Yanukovych, almost immedi- Wallenberg when they took over thy deed, should begin at home.
lion were Ukrainian. Those kill- ately after succeeding Mr. Yush- Hungary. His fate remains an un- If the Russians are sincere
OPINION ings were done mostly by Ger- chenko, stripped Bandera of his necessary mystery to this day. about denazification, they
man roving killing squads, the Hero of Ukraine title. The Ukrai- A 1950s Stalinist antisemitic should stop mimicking the Nazis
Human rights advocate and senior Einsatzgruppen. But, to know nian President today, Volodymyr conspiracy theory, the doctors’ by invading a foreign country.
counsel to B’nai Brith Canada who to kill, the Germans relied Zelensky, is Jewish, as is his min- plot, led to unwarranted prosecu- They should instead do more to
on local collaborators to identify ister of defence. tions. The Soviet Jewry move- memorialize the Jews in their

R
ussia justifies the invasion the Jews. The Russian story is also ment, advocating for the rights of own country killed in the Holo-
of Ukraine as an effort in Among the local Ukrainian Na- mixed. The Russian-led Soviets Soviet Jews to emigrate because caust. They should disclose all
denazification. The justifi- zi collaborators, Stepan Bandera during the Second World War of the repression of Judaism, con- Holocaust related records and, in
cation is so obviously unreal that and his Organization of Ukrai- fought bravely and hard against tinued until the collapse of the particular, those requested by re-
there may be a tendency to dis- nian Nationalists stood out. They the Nazis, losing almost nine mil- Soviet Union. searchers engaged in determin-
regard it. Yet, internet blockage blamed Communism and the ab- lion combatants and a further 18 Vladimir Putin’s Russia, de- ing the fate of Raoul Wallenberg.
within Russia means that there sorption of Ukraine into the Sovi- million civilians. Yet, the Soviets spite its general repression, toler- They should acknowledge the So-
the unreal can hold sway. As well, et Union on the Jews and enthusi- helped to trigger the Second ates the Russian Imperial Move- viet responsibility for the Nazi
we must be concerned with the astically joined in the killings. World War by the Molotov-Rib- ment, a neo-Nazi, antisemitic, advance through the Molotov-
delusions of the invaders, no Former Ukrainian president Vik- bentrop Pact, a non-aggression armed white supremacist organi- Ribbentrop Pact rather than, as
matter how unreal they are, be- tor Yushchenko, shortly before agreement that divided up Po- zation, designated by the U.S. as a they do now, try to justify the
cause of the very real results that he left office in 2010, to his dis- land between Germany and the terrorist entity. In their current agreement. They should ban the
flow from these delusions. credit, awarded Bandera the title Soviet Union shortly before Ger- invasion, the Russians have Russian Imperial Movement.
The Holocaust was a tragedy in Hero of Ukraine. The neo-Nazi many invaded Poland. The num- bombed, in Kyiv, Babi Yar, a site The Russian invasion of Uk-
which the whole world shared, ei- Azov regiment is part of the ber of Jews killed in the Holo- memorializing the mass killing of raine is a crime against the pre-
ther by killing the victims or de- forces today combatting the Rus- caust by the Einsatzgruppen with Jews there. sent. Justifying that invasion as
nying them refuge or giving sian invasion. The political party local collaboration was 800,000 Fringe neo-Nazi, extreme right an effort of denazification is a
haven to those complicit in mass Svoboda has a neo-Nazi past. in Belarus and 500,000 in Nazi- wing, racist organizations and a crime against the past. We like to
murder. Before, during and after Yet, there is another side of the occupied Russia. sordid Nazi or Nazi-like past can think that Russia is serious in
the Holocaust, antisemitism was story. There are close to 1,500 Uk- The Soviets and then the Rus- be found almost everywhere. If wanting denazification. If that is
pervasive. Today all too few have rainians in the Jerusalem mu- sians have obscured, covered up insufficient denazification were a so, Russia should withdraw from
come fully to grips with the lega- seum Yad Vashem’s Righteous and failed to disclose the fate of sufficient justification for inva- Ukraine and turn its attention to
cy of hatred and murder that Among the Nations Database, Raoul Wallenberg, a Swedish dip- sion, virtually every country on denazification at home.
their ancestors inflicted. which lists those who tried to lomat who managed to save this planet would be justified in
Ukraine, to be sure, is not in- help Jews escape the Holocaust. thousands in Hungary from the invading every other country. De- KONRAD YAKABUSKI will return
A14 | NEWS O T H E G LO B E A N D M A I L | T H U R S DAY , M A RC H 2 4 , 2 0 2 2

LIFE & ARTS A RT S & R EV I E W S | OPINION | PUZZLES | W EAT H E R

Dutch publisher pulls


Anne Frank betrayal book
amid criticism of theory
MIKE CORDER THE HAGUE, NETHERLANDS

A
group of Dutch historians has published an in-
depth criticism of the work and conclusion of a
cold-case team that said it had pieced together the
“most likely scenario” of who betrayed Jewish
teenage diarist Anne Frank and her family.
The cold-case team’s research, which was published early
this year in the book The Betrayal of Anne Frank: A Cold Case
Investigation, by Canadian academic and author Rosemary
Sullivan, immediately drew criticism in the Netherlands.
Now, in a 69-page written “refutation,” six historians and
academics describe the cold-case team’s findings as “a sha-
ky house of cards.” The book’s Dutch publisher repeated an
earlier apology and announced Tuesday night it was pulling
the book from stores.
The book said that the person who revealed the location
of the Frank family’s secret annex hiding place in an Am-
Celebrations for the Toronto Symphony Orchestra’s centennial year begin next month with a previously sterdam canal-side building was likely a prominent Jewish
announced homecoming concert featuring conductor Gustavo Gimeno and former TSO music directors Andrew notary, Arnold van den Bergh, who disclosed the location to
Davis, Gunther Herbig, Jukka-Pekka Saraste and Peter Oundjian. JAG GUNDU/TSO German occupiers of the Netherlands to save his own fam-
ily from deportation and death in Nazi concentration
camps.

Toronto Symphony Orchestra The Dutch historians reviewed the team’s work and con-
cluded that the “accusation does not hold water.”
The historians said the book

returns to ancestral home stage “displays a distinct pattern in


which assumptions are made by The historians said
the CCT (Cold Case Team), held
to be true a moment later, and the book ‘displays a
Ensemble will perform pandemic, the schedule repre- this fall for the Canadian pre- then used as a building block for distinct pattern in
sents the TSO’s first complete sea- miere of Magnus Lindberg’s Piano the next step in the train of logic. which assumptions
Symphony No. 5 at son of concerts in more than two Concerto No. 3 and returns in June, This makes the entire book a are made by the CCT
Massey Hall next spring years. Other than the one-off af- 2023, to play Rachmaninoff’s Pi- shaky house of cards, because if
to mark centennial year fair at Massey Hall, the rest of the ano Concerto No. 3, a keyboard any single step turns out to be (Cold Case Team),
performances will take place on challenge in D minor. wrong, the cards above also col- held to be true a
the orchestra’s home stage at Roy Yo-Yo Ma performs his 50th lapse.” moment later, and
BRAD WHEELER Thomson Hall. concert with the symphony for a In response, the cold case
gala fundraiser this November. team’s leader, Pieter van Twisk,
then used as a
Joining the superstar cellist will told Dutch broadcaster NOS the building block for
historians’ work was “very de- the next step in the

O
n April 23, 1923, the Toron- be Canadian Indigenous musi-
to Symphony Orchestra I cannot fully express cian, composer and musicologist tailed and extremely solid” and train of logic. This
gave its inaugural concert. Jeremy Dutcher to reprise their said it “gives us a number of
It happened at the city’s Massey my delight and honour collaborative Honor Song. things to think about, but for the
makes the entire
Hall, where the 58-musician con- to be celebrating such On May 4 and 5, 2023, the TSO time being I do not see that Van book a shaky house
cern, then known as the New an auspicious under the baton of music director den Bergh can be definitively re- of cards, because if
Symphony Orchestra, performed anniversary with the Gimeno will record live perform- moved as the main suspect.” any single step turns
a program that included Tchai- ances of Olivier Messiaen’s Turan- Since the book’s publication
kovsky’s Symphony No. 5, under Toronto Symphony galila-Symphonie. In 1968, the or- in January, the team has publish-
out to be wrong, the
the direction of the Serbian-Can- Orchestra and our chestra released a recording of ed detailed reactions to criticism cards above also
adian conductor Luigi von Ku- incredible Toronto the work on the RCA label that of its work on its website. collapse.’
nits. community. boosted the TSO’s international Dutch filmmaker Thijs Bayens,
Next spring, on the occasion of reputation at the time. who had the idea to put together the cold-case team, con-
the TSO’s century of music, the GUSTAVO GIMENO The orchestra’s centennial cel- ceded in January that the team did not have 100-per-cent
orchestra returns to its ancestral MUSIC DIRECTOR, ebration actually begins next certainty about Van den Bergh.
home to once again perform TORONTO SYMPHONY ORCHESTRA month with a previously an- “There is no smoking gun because betrayal is circum-
Tchaikovsky’s fifth symphony. nounced homecoming concert stantial,” Bayens told the Associated Press at the time.
This time the piece will be con- The TSO recently announced featuring Gimeno and former The Frank family and four other Jews hid in the annex,
ducted by Gustavo Gimeno, the that masks and proof of vaccina- TSO music directors Andrew Da- which was reached by a secret staircase hidden behind a
TSO’s current music director. tion are no longer required for its vis, Gunther Herbig, Jukka-Pekka bookcase, from July, 1942, until they were discovered in
The orchestra last performed concerts and other events. Saraste and Peter Oundjian – a August, 1944, and deported to concentration camps.
at Massey Hall in 2017. The com- Other 2022-23 season high- sort of Mount Rushmore for To- Anne and her sister died in the Bergen-Belsen concentra-
ing concert is part of the orches- lights include the following: ronto maestros. tion camp. Anne was 15. Only Anne’s father, Otto Frank,
tra’s 2022-23 season, as an- In September, Bruce Xiaoyu In his review of the TSO’s first survived the Holocaust. He published her diary after the
nounced Wednesday. “I cannot Liu, the Montreal-based Chinese- concert in 1923, Globe and Mail Second World War and it quickly became an enduring sym-
fully express my delight and hon- Canadian phenom who won the music and drama editor E.R. Park- bol of hope and resilience, read by millions around the
our to be celebrating such an aus- 18th International Fryderyk Cho- hurst noted that the performance world.
picious anniversary with the To- pin Piano Competition in Warsaw excited the genuine enthusiasm The Anne Frank House museum, which is based in the
ronto Symphony Orchestra and last year, opens the TSO season of those in attendance and that building where the Frank family hid, had no immediate
our incredible Toronto commu- with Chopin’s Piano Concerto No. the presenters were “pleased with comment on the historian’s research. In January, museum
nity,” Gimeno said in a press re- 2. the reception of their enterprise.” director Ronald Leopold called the cold-case team’s conclu-
lease. The Chinese piano virtuoso One hundred years later, to- sion “an interesting theory” but said he believed that “there
Because of the COVID-19 Yuja Wang guests with the TSO day’s TSO hopes for nothing less. are still many missing pieces of the puzzle. And those piec-
es need to be further investigated in order to see how we
can value this new theory.”

ASSOCIATED PRESS

A photo of Jewish teenage diarist Anne Frank stands on a


replica of a writing desk she once used in her family’s former
apartment in Amsterdam. Her father published her diary after
the Second World War and it quickly became an enduring
symbol of hope and resilience, read by millions around the
world. MICHAEL C. CORDER/ASSOCIATED PRESS
T H U R S DAY, M A RC H 2 4 , 2 0 2 2 | T H E G LO B E A N D M A I L O NEWS | A15

Atlanta, Donald Glover’s


FIRST PERSON
distinctive television
masterpiece, returns
MY OUTDOOR ‘OFFICE’ JOHN

BROUGHT ME BALANCE DOYLE

OPINION

TELEVISION

H
aving to re-explain one of television’s
most critically acclaimed shows might
seem ridiculous, but in the case of Atlanta,
it’s necessary. First, its mood and tone are
unique. Second, it is finally back for its third season,
four years after the second season arrived. The re-
turn was delayed by creator/star Donald Glover’s
hectic schedule (a music career, a Spider-Man mo-
vie, a Star Wars movie) and then by the pandemic.
Atlanta (Thursday, FX Canada 10 p.m., two epi-
sodes) doesn’t feature the city of Atlanta much in
the early going. Besides, the city is more of an idea
that the core characters carry around. When the
series first began, Earnest (Earn) Marks (Glover)
was a young man drifting along, trying to scrape
together enough to stay alive. He was living with
Vanessa (Zazie Beetz), his daughter’s mother, who
wanted him to help pay the rent, but he couldn’t.
Working a dead-end job, he saw a possible way out
in turning his cousin Alfred (Brian Tyree Henry),
known as Paper Boi, into a hip-hop star. But Paper
Boi already had a sort-of manager in Darius (La-
Keith Stanfield), who was usually stoned. Drugs,
money, side-hustles and the vagaries of life were
part of the texture.
That’s how it continues. The series has evolved
on a strange path to here, with standalone episodes
that seemed disconnected from the main plot and
characters (only FX would have allowed this wan-
dering), but were not. Some have been parable,
subtly pushing forward Glover’s main theme – the
capriciousness of racism, the fickleness of Black ex-
istence in a white world. It is all connected, always
startling in its storytelling assuredness, turning hu-
morous, surreal and quietly poetic. It is one of the
most astonishing creations of this TV era.
The first new episode is a standalone and grace-
fully stunning. Called Three Slaps, it features none
of the ensemble cast, apart from a brief appearance
by Glover at the end. We meet Loquareeous (Chris-
topher Farrar), a young teen who behaves badly at
school. He likes to dance at any opportunity, you
see. This is seen as disruptive, and his mother and
ILLUSTRATION BY DREW SHANNON grandfather are called into the school. A moment of
casual punishment leads to the boy being put into
foster care. His new home is run by two white wom-
Building my Modern Shed was a shoulder-destroying experience, en who rename him Larry. This new world for him
is strangely privileged and sinister. “We pickle our
but I wouldn’t be able to work without it, Julia Williams writes own veggies from our organic garden,” his new
“mom” tells him with pride. There isn’t much to
eat, except pickles. What happens is unnervingly

I
f frozen shoulder sounds old fashioned, that’s even me. How was I expected to do my work if I had like a horror story told casually, but watch until the
because it is. The term was first used in the 1930s no space in which to do it? What did they think: that very end to grasp its full meaning. It is made even
to describe a condition where the shoulder joint I’d do Google Meets from the kitchen table forever, more chillingly strange by the knowledge that it is
slowly and painfully loses mobility. Almost a trying not to be in the way? loosely based on a real incident.
century later, everyone still calls it frozen shoulder. It wasn’t their fault. It was my fault for existing in The second episode on Thursday, Sinterklaas is
Like my joint, the term stuck somehow. a constant state of neglecting obligations to family Coming to Town, catches up with the show’s core
If you want to get scientific, which my physio- or to work or both. Or at least, that’s how I felt. May- ensemble in Europe. Paper Boi has hit it big. That is,
therapist does, you can call it adhesive capsulitis, be it was stress. Maybe it was my age. And it’s more he’s got a cult following in several European coun-
which implies my right shoulder is full of glue. If you common in women. tries where he plays mainly for a young white audi-
want to get basic, the condition is described as in- There is only work-life balance if packing a lunch, ence. He’s the centre of the action but Atlanta, as
flammation. It’s also idiopathic, which means its managing child care, laundry, grooming, commut- ever, goes down sideroads and takes tangents that,
origin is unknown and unknowable. ing and setting wake-up alarms is considered not- remarkably, make total sense.
I can’t hang a shirt on a rail that’s higher than my work. There is only work-life balance if we don’t Europe is fantastically alien to this crew, they ap-
ribs, shampoo my hair or grab a pot from the back of think work is part of life and vice versa. proach everything wide-eyed and curious, and Am-
the cupboard. I can’t wear pullovers, lie down with At the start of the pandemic, I was out of work for sterdam feels especially odd seen through their
my arms at my sides, pour a cup of coffee or slip my three months and the balance went absolutely hay- eyes. There’s a lot of drugs, a fair amount of sex and
wallet in my back pocket. When I type, nervy little wire. Suddenly, there was too much life. I didn’t while some of them embrace the implied hedo-
sparks shoot to my thumb. When I sit still for a know what to focus on. Work had always required nism of the adventure, all of them are taken aback
while, my hand goes numb. me to push life to the edges. If life was now in the by how, while they’ve escaped the city of Atlanta
This problem is small, in the grand scheme. It’s a centre, who was I? What was the point of me? and the United States, they haven’t really escaped
part of my whole system that still pretty much I knew enough to know thinking this way wasn’t at all. There is sublime humour in this journey,
works just not quite, like everything right. I knew enough to know work- some of it pessimistic and rather sad, and at times it
these days. Like a trip to the grocery life balance was a false premise be- is deadpan, laugh-out-loud hilarious. There is noth-
store, like seeing friends, like raising There is only cause work-life is a false dichotomy. ing like it, for ambition and its full-throttle inten-
kids, like work itself. This is my new But I couldn’t do a thing about it. tion of challenging the viewers. Sometimes an epic
shoulder normal. But why me? Why work-life balance if So I built Modern Shed. Without it, I of disillusionment and sometimes fastidiously pos-
now? Nobody really knows, says the packing a lunch, tell everyone, I don’t know how I’d be itive, it remains a masterpiece of unconventional
doctor. Maybe stress. Maybe your age. managing child care, able to work. What’s one shoulder storytelling and all the critical acclaim, plus Emmy
And it’s more common in women. laundry, grooming, compared with that? awards, are deserved.
Well. I’d shrug my shoulders if I These days, I have a job again and Finally, don’t forget that Canada’s men’s national
could. Anyway, it was probably my commuting and my set-up in Modern Shed is pretty soccer team plays Costa Rica in World Cup qualify-
own fault. setting wake-up great. Modern Shed is where I make ing (Thursday, Sportsnet, also streaming on One-
I built a backyard shed office. It was alarms is considered money. This is good ROI! I want all my Soccer, 10 p.m.). A win, and Canada has definitely
a construction project for which I had professional success wrapped around qualified for this year’s World Cup. Before that, two
not-work. There is
no experience or inclination. its uneven rafters and patched holes other key qualifying matches are available here:
Before COVID, I’d worked from only work-life and bent nails, under that shoulder- Italy vs. North Macedonia airs on TLN, 3:30 p.m.,
home for years. Now, with the hus- balance if we don’t destroying cedar ceiling. and Portugal vs. Turkey is on Univision Canada,
band and kids, the dog and cat, the ev- think work is part of Plus, people are impressed with 3:30 p.m. TLN and Univision Canada are on major
er-present cloud of oddness and pre- what I made. No one expected it of me. cable carriers nationally, and stream on vivatv.ca,
carity, inside began to feel airless. Out-
life and vice versa. The compliment I get the most is that I which offers a free week-long trial right now.
side there was a lot more air. For an should start a shed business. As in:
hour or an afternoon, I could put a closed door be- You have done something that might be worth
tween me and all the unmet needs. money. As in: The point of cultivating any skill is to
What if there was a roof out here to keep off the monetize it. That’s not what they mean, of course. TODAY’S SUDOKU SOLUTION
rain, I began to think. What if there were walls and a It’s not their fault the only way to express admira-
chair. What if there was a desk where I could put tion is to put it in terms of valuation.
down a pen and find it in exactly the same place the Illustrated diagrams of frozen shoulder present a
next day. What if I could just work. pair of shoulders: one normal and one frozen. In
For $20 I downloaded plans for a 6-foot-by-8-foot each, you can see the scapula, the clavicle and the
structure called Modern Shed. I whacked tent pegs tapering stick of the humerous, with the shoulder
into the ground and set up plumb lines. I ripped out capsule at the centre. The normal capsule is white
sod and dug parallel trenches in the backyard and or very pale pink, a plump cushion keeping the
filled them with rocks and put down a pair of treat- bones comfortably housed. The frozen capsule is
ed railroad ties. I congratulated myself for figuring shot through with bloody streaks and puffed up like
out what crushed stone was, what galvanized nails a rotten gum.
were, how big a 2x6 board actually was (smaller In the end, how much can I really complain if
than described). I’d be done in no time. within the box I’m confined to, I had the means to
The day I knew for sure the shoulder had gone create another box? What’s one shoulder compared
wrong, it was five months later and 40 degrees col- with that kind of productivity?
der. I was holding my arms over my head to drive Anyway, these days the pain is getting smaller
screws into cedar boards. A nice salvaged ceiling. and the range of motion larger. Every so often I feel
The cedar boards belonged to my kids’ abandoned something give, and all of a sudden I can reach a lit- TODAY’S KENKEN SOLUTION
playhouse, which my husband built a dozen years tle farther.
ago and which I dismantled to make way for Mod- It’s fine. I’ll be okay. I’ll just keep doing the work.
ern Shed. I overrruled the kids’ objections to this
dismantling with a ferocity nobody expected, not Julia Williams lives in Calgary.

First Person is a daily personal piece submitted by readers

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WORL2 FORE3AST NATIONAL FORE3AST


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BRIDGE Some plays in bridge are so It was at this point that West diamond ace and was also likely
BY STEVE BECKER rare that it is not worth the ef- made a most remarkable play. to hold three or four diamonds.
THuRSDAY, MARCH 24, 2022 fort to try to remember them, He returned the king of dia- West therefore could visualize
so you’ll know what to do the monds! This left South with no that after he regained the lead
next time they arise. You would way to make the contract, re- with the trump ace, East would
be better advised to hope that if gardless of how he continued. be able to ruff dummy’s queen of
the rara avis presents itself again, In practice, he won the king of diamonds, most likely resulting
South dealer. you’ll be able to find the winning diamonds with the ace and led in defeat of the contract.
East-West vulnerable. play by relying on your own another trump. West took his Note that West had to lead spe-
common sense. ace and returned the jack of dia- cifically the king of diamonds to
Take this case where South monds to dummy’s queen. East stop the contract. If he returned,
reached four spades on the bid- ruffed and exited with a heart, say, the jack instead, declarer
The bidding: ding shown and West led the 10 and declarer later lost another would win with dummy’s queen
of hearts. Declarer won with the diamond trick to go down one. and return a trump to West’s ace.
South West North East queen, East following with the West’s king-of-diamonds re- When West now played the king
2 NT Pass 3 [C] Pass deuce, led a club to dummy’s turn was not just a wild shot. of diamonds, East could ruff or
3 [S] Pass 4 [S] queen and returned the nine of He had deduced from the bid- discard, but either way, South
Opening Lead – 10 of hearts. spades, losing to West’s queen. ding and play that South had the would make four spades.

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


1 2 3 4 5 6 7

9 10

11

12

13 14 15

16

17 18

19

20 21
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
22 23
INSTRUCTIONS
1. Each row and each
CRYPTIC CLUES QUICK CLUES colUmn mUst contain
ACROSS DOWN ACROSS the nUmbers 1 throUgh
6 withoUt repeating.
1 Has pined for 1 Double act no 1 Loud and harsh (8)
clerical office (8) longer seen (4) 5 Highest point (4)
5 Bills passed for 2 City that sent missionaries 2. The nUmbers within
9 A country house (5) the heavily oUtlined
religious work (4) out to China (7) 10 Narrow opening (7) boxes, called cages,
9 It’s said in France to 3 How a man disagreed in 11 Exorbitant (12) mUst combine Using
be the same (5) a capital way (5,3,4)
13 Book for accounts (6) the given operation (in
10 The first head of 4 Threaten a mischief-maker any order) to prodUce
14 Firmly fixed (6) the target nUmbers in
government (7) with death perhaps (6)
17 To court disaster (4,3,1,4) the top-left corners.
11 Task force combining 6 He called to give
business with pleasure (7,5) the news (5) 20 Affectedly refined (7)
21 Excuse to avert blame (5) Freebies: Fill in
13 To a doctor a hospital 7 Watering plants always 3. single-box cages with
atmosphere is material (6) in season (8) 22 Limited period (4)
the nUmbers in the
14 Street name changed – 8 Local types I’d reformed in 23 Theoretical (8)
top-left corner.
that’s a bit of a bloomer (6) a domineering way (12)
17 Confidentially, pop 12 Tax or cheat (8) DOWN
music often is (3,3,6) 15 Swallow one drink (7) 1 Keep for future use (4) ©2022 KENKEN PUzzle LLC. KENKEN is a registered trademark of Nextoy, LLC. Dist. by Andrews McMeel
20 Willingly die? (7) 16 Do real results come 2 At ease (7) www.kenken.com
21 All that is required for from such a testing 3 Be deliberately slow to act (4,4,4) YESTERDAY'S CRYPTIC
a girl’s name (5) experience? (6) 4 Subtle distinction (6) ACROSS: 1 Mayflower, 8 Abuts, 9 Massage, 10 Divert, 11 Aegean, 12 Decrease,
22 Support for the others (4) 18 What pacifists have 6 Porcelain (5) 15 Tumblers, 18 Treats, 20 Reload, 21 Ordinal, 22 Liege, 23 Signorina.
23 Gamble on occasion but don’t use (5) 7 First name of Scrooge (8) DOWN: 2 Adage, 3 Faster, 4 Organdie, 5 Rapier, 6 Funeral, 7 Isotherms, 11 Austerely,
for recreation (8) 19 Run of the mill currency (4) 8 Become uncontrollable (3,3,2,4) 13 Cast iron, 14 Implies, 16 Leaves, 17 Senior, 19 Twain.
12 Satisfactory (3,5) YESTERDAY'S QUICK
15 A European monarchy (7) ACROSS: 1 Red carpet, 8 Homer, 9 Boorish, 10 Savage, 11 Bedlam, 12 Blah-blah,
16 Gambol (6) 15 Cashmere, 18 Resign, 20 Meagre, 21 Liqueur, 22 Raise, 23 Lily-white.
18 Giver (5) DOWN: 2 Elope, 3 Curdle, 4 Resemble, 5 Thrash, 6 Amiable, 7 Greenhorn,
Solutions to today's Sudoku and Kenken can be found in the Life & Arts content 19 Silvery-white metal (4) 11 Black mark, 13 Acerbity, 14 Islamic, 16 Marvel, 17 As such, 19 Gaunt.
area of the A section. Crossword solutions will be with tomorrow's puzzles.
T H U R S DAY, M A RC H 2 4 , 2 0 2 2 | T H E G LO B E A N D M A I L O NEWS | A17

Misconduct in military affecting recruitment: official


Women, Indigenous ing on this, the image has been long-standing problem that was fessional conduct and culture, added.
tarnished a bit. The more action documented by former Supreme said Wednesday that change will Brigadier-General Krista Bro-
people and LGBTQ that we can take on culture Court justice Marie Deschamps in be informed by Ms. Arbour’s die said the CAF’s recruitment
members among those change will help.” 2015. forthcoming report. target for Indigenous people is 3.5
still underrepresented in Maj.-Gen. Bourgon said 71 per In 2021, there were a number of “I would like to emphasize that per cent and 11.9 per cent for mi-
cent of the CAF is still comprised allegations of sexual misconduct change is a must-have rather than norities by 2026.
Canadian Armed Forces of white males, while she noted in the CAF and it became a major a nice-to-have, and not only for Maj.-Gen. Bourgon also said
that they account for only 39 per issue of discussion in the House our current, but also for our fu- Wednesday that one big change
cent of the rest of the country’s ci- of Commons and before parlia- ture defence team members,” she coming soon is an update to dress
KRISTY KIRKUP OTTAWA vilian work force. Women, minor- mentary committees. said. “Lack of inclusion is a major requirements.
ity groups, Indigenous people Last April, concerns over the barrier to both retention and Members have said the exist-
and LGBTQ members continue to matter led to the appointment of recruitment.” ing dress instructions are not in-
Sexual misconduct in the mili- be underrepresented within the former Supreme Court justice Maj.-Gen. Bourgon said about clusive, she said, adding that op-
tary is making it difficult to organization, she added. Louise Arbour, who is conducting 15 per cent of those who enrolled tions will be given for individual
recruit new members because of Maj.-Gen. Bourgon said the or- an independent review of the De- in 2021-2022 were women, noting appearance. She said an announ-
the Canadian Armed Forces’ tar- ganization must attract, recruit, partment of National Defence that the target is 25.1 per cent. She cement would be coming with
nished reputation, the acting retain and develop individuals and the CAF. The federal govern- said the CAF was successful at re- additional details.
head of military personnel says. who are representative of Cana- ment said a report from Ms. Ar- aching 27-per-cent women in its “Professional skills and com-
During a media briefing on dian society, adding that “the sit- bour and a departmental re- regular officer training program, petence are not defined by the
Wednesday, Major-General Lise uation requires serious attention sponse to it would be made pub- which mainly populates Canada’s length or the colour of your hair,”
Bourgon said the issue has affect- and clear leadership.” lic once complete and the process military colleges. There is work Maj.-Gen. Bourgon said. “This will
ed recruitment. The military has been trying to was expected to take 12 to 15 under way, such as through be the first visual display of our
“Sadly, I wish I could tell you grapple with a mounting crisis of months. recruitment campaigns, with a culture and honestly a very clear
that we’ve not, but we’ve seen an sexual misconduct in the ranks Lieutenant-General Jennie Ca- specific focus to attract women single that the CAF is evolving in-
impact,” she said. “We are work- over the past year, although this a rignan, the military’s chief of pro- and Indigenous applicants, she to a more inclusive organization.”

Canada urged to better


support arriving Ukrainians
SAFIYAH MARHNOUJ OTTAWA

Ukrainian community groups and settlement agencies are


expressing concern over the lack of federal support and pro-
grams in place for Ukrainians escaping the war and hoping
to land in Canada.
Ukrainian Canadian Congress chief executive officer Ihor
Michalchyshyn said in an interview that some who do make
it here are unclear where to turn for help.
“Our communities are seeing people come and wander
airports,” he told The Globe and Mail.
Ukrainians coming to Canada through the Canada-Uk-
raine Authorization for Emergency Travel program arrive as
temporary residents, not refugees, and do not have access to
federal services. They have virtually no support, Mr. Michal-
chyshyn said.
Women and children who are escaping Ukraine have lim-
ited access to funds, he said, but there is an assumption that
they will be able to self-finance their flight to Canada. Once
they arrive, there are no official programs in place to help
Ukrainians find jobs, housing or other services they might
During the United Nations Security Council meeting on Wednesday, U.S. Ambassador Linda Thomas-Greenfield, need, he added.
front right, said Russia was ‘attempting to use this council to provide cover for its brutal actions.’ “We think it’s cruel to offer people an emergency way
MIKE SEGAR/REUTERS here, but then offer them nothing in terms of support when
they get here.”
The UCC released a statement on March 22 outlining pol-
icy recommendations and calling on increased federal sup-
UN council overwhelmingly defeats port for Ukrainians facing displacement.
The organization’s proposals include implementing de-
Russian humanitarian resolution on Ukraine parture and arrival plans to assist with travel to Canada, pro-
viding financial support for a transitional period and encou-
raging provincial governments to recruit and sponsor dis-
EDITH M. LEDERER cause of the huge number of in favour of them for political rea- placed people.
JENNIFER PELTZ speakers. sons,” he said. “As it stands today, the plan put forward by Minister Fras-
UNITED NATIONS Russia’s UN ambassador, Vassi- But France’s ambassador, Nico- er and the Department of Immigration, Refugees and Citi-
ly Nebenzia, told the council be- las De Riviere, called the resolu- zenship falls far short of the requirements to meet their
fore the vote that its resolution “is tion “a manoeuvre from Moscow needs,” the Ukrainian Canadian Congress said in their state-
The UN Security Council on not politicized,” just like other Se- to justify its aggression against ment.
Wednesday overwhelmingly de- curity Council humanitarian res- Ukraine.” Albanian envoy Ferit Under the Canada-Ukraine Authorization for Emergency
feated a Russian resolution that olutions, and he categorically re- Hoxha called it “a mountain of hy- Travel program, announced by the federal government on
acknowledged Ukraine’s growing jected a U.S. claim that his country pocrisy,” and Mexican Ambassa- March 17, Ukrainians can stay in the country as temporary
humanitarian needs – but didn’t had no right to submit such a res- dor Juan Ramon De La Fuente said residents for up to three years.
mention the Russian invasion olution. the Russian draft didn’t respond Mr. Michalchyshyn said the UCC is still waiting for a “clear
that caused the escalating crisis U.S. Ambassador Linda Tho- “to the reality on the ground” or to answer” on who will be co-ordinating housing and commu-
which has left millions of Ukrai- mas-Greenfield countered that “the pressing needs of the civilian nications between Canadians who have offered their homes
nians in desperate need of food, Russia was “attempting to use this population.” and arriving Ukrainians.
water and shelter. council to provide cover for its Russia introduced its resolu- “While our community is eager to help and organizing to
To be adopted, Russia needed a brutal actions.” tion on March 15. A day earlier, help, we’re not professional settlement agencies. We don’t
minimum of nine “yes” votes in “It really is unconscionable France and Mexico decided to have the resources or experience to deal with thousands of
the 15-member Security Council that Russia would have the audac- move their proposed humanitar- people in a systematic way.”
and no veto by one of the four oth- ity to put forward a resolution ask- ian resolution blaming the Rus- In their recommendations, the UCC also called on the fed-
er permanent members – the U.S., ing the international community sian invasion for the humanitar- eral government to provide funding for settlement agencies,
Britain, France and China. But to solve a humanitarian crisis that ian crisis out of the Security Coun- who could help Ukrainians co-ordinate transport, housing
Russia got support only from its Russia alone created,” she said. cil, where it faced a Russian veto. and health care, and assist with work permit applications.
ally China, with the 13 other coun- “Russia does not care about the The are no vetoes in the 193-mem- Such agencies are facing major issues in preparing for the
cil members abstaining, reflect- deteriorating humanitarian con- ber General Assembly. arrival of Ukrainians, said Katie Crocker, co-chair of Path-
ing Moscow’s failure to get wide- ditions. … If they cared, they Earlier Wednesday, Russia’s Mr. ways to Prosperity, an alliance that promotes the integration
spread backing for its war in Uk- would stop fighting. Russia is the Nebenzia told the assembly that of immigrants in Canada. Unlike in the case of refugee settle-
raine, which marks its one-month aggressor, the attacker, the invad- by considering the Ukraine- ment initiatives, there is no way for agencies to know how
anniversary Thursday. er, the sole party in Ukraine en- backed French-Mexican resolu- many Ukrainians will be arriving, leaving them unable to
The Russian defeat came on gaged in a campaign of brutality tion, it was engaging in “another plan accordingly.
the same day the General As- against the people of Ukraine, and political anti-Russian show, set “We don’t know how many people are coming and where
sembly started considering a reso- they want us to pass a resolution this time in an allegedly human- they’re going to go,” Ms. Crocker said.
lution drafted by Ukraine and two that does not acknowledge their itarian context.” Finding housing and determining how Ukrainians will ob-
dozen other countries and co- culpability.” Ukrainian Ambassador Sergiy tain services is an added challenge, Ms. Crocker said. She
sponsored by nearly 100 nations Mr. Nebenzia took the floor Kyslytsy urged all nations that added that the immigration sector is committed to support-
which clearly states that Russia’s again after the vote saying it ex- stand against Russia’s war on his ing Ukrainians when they arrive.
aggression is responsible for the posed all countries “for whom country to vote for the UN resolu- The arrival of Ukrainians as temporary residents is not the
growing humanitarian emergen- politicization of the humanitar- tion on the humanitarian conse- same as previous refugee initiatives, including when Canada
cy. The assembly was also to con- ian dossier” is more important quences of its aggression, saying welcomed Syrians and Afghans through the Government-
sider a rival South African resolu- than helping to get aid to Ukrai- this would send a powerful mess- Assisted Refugees Program. Ms. Crocker said refugees arriv-
tion that doesn’t mention Russia nians. If diplomats go on to la- age aimed at helping people ing through that program automatically have permanent
and is similar to Moscow’s defeat- ment the lack of a ceasefire and caught in the conflict and ending resident status, along with access to federal services and the
ed council resolution. provisions for evacuations, “we Moscow’s military action. resettlement assistance program.
Action on those resolutions will remind you that they were be- Immigration Minister Sean Fraser’s office did not immedi-
was delayed until Thursday be- fore you, but you refused to vote ASSOCIATED PRESS ately respond to a request for comment.

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OTTAWA /QUEBEC EDITION ■ T H U R S D AY , M A R C H 2 4 , 2 02 2 ■ G LO B E A N D M A I L . CO M

S&P/TSX DOW S&P 500 NASDAQ DOLLAR GOLD (oz.) OIL (WTI) GCAN 10-YR
21,932.18 34,358.50 4,456.24 13,922.60 79.55/1.2571 US$1,937.30 US$114.93 2.31%
-142.17 -448.96 -55.37 -186.22 +0.11/-0.0017 +15.80 +5.66 -0.10

Ontario approves new rules Battery plant


just the first
for financial planners, advisers step in creating
a full EV supply
Qualifications, credentials will become mandatory for people who refer to themselves by either title chain in Canada
CLARE O’HARA sionals Title Protection Rule will be pro- due and offers something consumers have ADAM RADWANSKI
WEALTH MANAGEMENT REPORTER claimed into force in Ontario on March 28. been asking for: clarity and confidence
“Until now, there has been no regulation when working with their financial profes-
of the usage of Financial Planner or Finan- sional.” OPINION
Ontario’s Finance Ministry has given the cial Advisor titles,” Huston Loke, executive Financial advisers typically help clients

C
green light for a new set of rules governing vice-president of market conduct at FSRA, manage their investments, while financial anada’s automotive indus-
employees in the financial services indus- said in a statement. “This has contributed planners help people devise strategies to try is no longer facing an ex-
try who use the titles “financial planner” or to confusion among consumers, and ques- meet goals such as saving for retirement or istential threat from the
“financial adviser,” standards designed to tions about the expertise of individuals of- a child’s education. transition to electric vehicles, as it
protect investors from doing business with fering financial planning and advisory ser- In 2019, Ontario passed legislation to was just a year or two ago.
unqualified individuals. vices.” pave the way for the Financial Profession- Wednesday’s announcement
On Tuesday, the Financial Services Regu- The statement added that, “Deciding als Title Protection Act, which provides that the automaker Stellantis NV
latory Authority of Ontario (FSRA), which how to invest your money is complicated oversight of qualifications and credentials will partner with South Korea’s LG
has spearheaded the rule changes since and emotional and requires expertise and used in the financial services industry. Energy Solution to build a $5-bil-
2019, announced that the Financial Profes- good judgement. This change is long-over- ADVISERS, B6 lion EV battery-assembly plant in
Windsor, Ont., is proof enough of
the sector’s resilience. Billed as
the single largest investment in
[ ECONOMIC DEVELOPMENT ] Canadian automaking since the
1980s, if not ever, it should not on-
ly provide an estimated 2,500 jobs
BUILDING ON SUCCESS at that new facility but help pro-
tect many existing ones, includ-
ing in parts manufacturing and at
Bernd Christmas turned an East Coast First Nation into a business powerhouse. Stellantis’s existing vehicle-as-
sembly plants in Ontario.
He’s now seeking opportunities for B.C.’s Squamish Nation B3 Combined with other, smaller
recent commitments – from auto-
makers converting some of their
conventional vehicle-assembly
lines in Ontario to produce EVs, to
a pair of planned facilities to pro-
duce cathode active material in
Quebec – it means Canada will at
least continue to have a signifi-
cant place in an integrated conti-
nental manufacturing sector.
RADWANSKI, B6

Quebec’s cash to
counter inflation
makes for good
politics, but bad
economic policy
DAVID PARKINSON

OPINION

C
anada’s political leaders
must know that they can’t
Bernd Christmas spent 11 years as CEO of Membertou First Nation in Nova Scotia. He’s now leading the development arm of solve our inflation problem
the Squamish Nation, which is pursuing ventures that include a real estate project in Vancouver. TAEHOON KIM/TAEHOON KIM simply by throwing money at it.
But that’s not going to stop some
from trying.
In what stands as the most un-
subtle government counterinfla-
tion gesture to date, Quebec’s
new budget includes a $500 pay-
ment to each and every adult
Fallen Bay Street star Mark Valentine faces new penalties with an income below $100,000,
“to help Quebeckers cope with
from OSC for serving as a corporate director the rising cost of living.”
“The increase in prices has an
impact on households, particular-
DAVID MILSTEAD agreement, Mr. Valentine tried to arrange the proceeds of the sale to the agent as a ly those with lower incomes,” Fi-
INSTITUTIONAL INVESTMENT REPORTER a series of loans to rescue the firm, but “hidden commission.” nance Minister Eric Girard said in
also engaged in several trades that put his Mr. Valentine pleaded guilty to one his budget speech – before point-
own interests first. The firm collapsed in- count of securities fraud in the United ing out that the payments cover
Regulators say a fallen Bay Street super- to bankruptcy in 2002. States in 2004, was sentenced to four 6.4 million Quebeckers, or about
star who agreed in 2004 to a ban on serv- In August, 2002, Mr. Valentine was one years’ probation and then deported. He 90 per cent of the adult popula-
ing as a corporate director has instead of 50 people arrested by the FBI following returned to Toronto. tion. So, not exactly a policy sup-
served on more than three dozen boards a two-year undercover sting operation The 2004 settlement with the OSC port aimed at aiding low-income
in the nearly two decades since. code-named “Bermuda Short.” In his barred Mr. Valentine from ever being a people. More a helicopter drop of
The Ontario Securities Commission has guilty plea, Mr. Valentine admitted that broker in Ontario and prohibited him for $3.2-billion to almost every voter
scheduled an enforcement proceeding he agreed to sell US$8-million worth of life from serving as an officer or director who has noticed that things are
against Mark Valentine, who came to shares in Softquad Software, a defunct To- of any “issuer” – an Ontario company that more expensive this year.
prominence in the go-go 1990s by leading ronto computer company that traded has issued stock. The agreement also in- Quebec is not alone in looking
brokerage firm Thomson Kernaghan & over the counter on Nasdaq, to an under- cluded restrictions for 15 years on his abil- for ways to lean the government
Co. Ltd. through the tech-stock boom. cover FBI agent. ity to trade shares he personally owned. coffers against inflation. Earlier
According to a 2004 OSC settlement He also agreed to send 30 per cent of VALENTINE, B6 this month, for example, Alberta
announced it would temporarily
remove its 13-cents-a-litre tax on
gasoline and diesel.
PARKINSON, B6
LO G I ST I C S WA R I N U K R A I N E
After CP Rail ‘Unfriendly countries’ must
work stoppage, pay for Russian natural gas
industry calls with rubles, Putin says B5
COMPANIES
for permanent
supply chain CANADIAN PACIFIC RAILWAY B2
solution B2 CORUS ENTERTAINMENT ...... B9
DOLLARAMA ......................... B9
I N V E ST I N G E AUTOMOTIVE ..................... B9
JOURNEY ENERGY ................. B9
If a hot stock can get even NUTRIEN ................................ B9
JEFF MCINTOSH/ hotter, there’s a bullish case STELCO HOLDINGS ................ B9
THE CANADIAN PRESS for Nutrien B9

SPORTS S O CC E R Canada on verge of World Cup qualification, but coach sees room for improvement B11

B11-B15
RU G BY Independent review paints damning, dysfunctional picture of Rugby Canada B12
2 | R E P O RT O N B U S I N ES S O T H E G LO B E A N D M A I L | T H U R S DAY , M A RC H 2 4 , 2 0 2 2

New Brunswick moves to cap


rent increases two years into pandemic
Retroactive limit The vacancy rate for purpose- CIW BRUP     
 
  New Brunswick changed its
built apartments in New Brun- tenancy legislation in December
would see some tenants swick was 1.7 per cent in 2021, the

to allow all tenants to dispute rent
reimbursed by landlords lowest since at least 1990, accord- increases they felt were excessive.
for excess payments ing to figures from the Canada  Previously, only tenants who had
Mortgage and Housing Corp. lived in a unit for at least five con-
Furthermore, the province has secutive years could do so.
MATT UNDY seen rent inflation of 9.5 per cent 
Once the 2022 rent cap expires,
ECONOMICS REPORTER over the past two years, second any increases must be at the same
only to Prince Edward Island, percentage for comparable units
where rents have soared 19 per in the same building, or the rent

New Brunswick plans a variety of cent, as measured by Statistics hike must be “reasonable” com-
changes to cool its frenzied hous- Canada’s consumer price index. pared with similar units in the
ing market, including a retro- The governing Conservatives “same geographical area.”

active limit on rent increases that have opposed bringing in rent Housing advocates say that
would see landlords reimburse control – that is, annual limits on language is open to interpreta-
some tenants for excess pay- rent increases – saying it would tion and falls short of the stan-

ments. slow the construction of needed            dards in provinces that prescribe
The provincial government, apartments. Its stance had dif-                 
                    a maximum percentage increase
which projected a small surplus fered from that of jurisdictions for rents each year, often tied to
of $35-million in Tuesday’s bud- which froze rents early in the broader inflation.
get, said that rent hikes would be pandemic or brought in temp- $1,000 on Jan. 1, her rent would be lition for Tenants Rights. The proposed rules around
capped at 3.8 per cent for 2022, orary rent controls to protect ten- rolled back to $1,038. She could Many New Brunswickers have evictions are too little, too late for
dating to the start of the year. ants. then deduct $486 – three months been hit with sizable rent hikes in Nichola Taylor and her family,
After updating its tenancy leg- However, the province of excess payments – from future the pandemic, usually with little who live in Fredericton. Ms. Tay-
islation in December, the prov- changed its tune on Tuesday, rec- rent. If that individual moved out recourse to challenge them. The lor was served with an eviction
ince is planning to do so again, ognizing the continuing stress in on March 1, the landlord would be Globe and Mail has spoken with notice in February, not long after
barring landlords from ending a rental housing. required to reimburse her for two several tenants in the province the building was purchased. (The
lease without cause, among other “While we are confident that months of excess payments, or this year who saw their rents notice did not provide a reason –
changes. New Brunswick will also the market will catch up with de- $324. raised by hundreds of dollars a which would be illegal under the
phase in a 50-per-cent reduction mand … our government ac- Tuesday’s measures drew a month, often shortly after owner- incoming rules – although the
in property tax rates for rental knowledges that more needs to mixed reaction from tenant ship of the building changed. property manager said it was for
housing, a previously announced be done for renters,” Finance Min- advocacy groups. While they ap- Apartment buildings have be- renovations.)
move that was delayed by CO- ister Ernie Steeves said in pre- plauded the move to curb rent come a sought-after asset class in Ms. Taylor quickly pounced on
VID-19. pared remarks. growth this year, they also said it Canada, because of decades of a new apartment – albeit, one
The Maritimes have been ex- “Failure to address these chal- was a temporary move that ar- meagre construction and robust that costs her family an extra
periencing a pandemic-fuelled lenges will also put pressure on rived after years of escalating population growth, putting up- $300 a month.
influx of new residents, leading to our labour force,” he added. costs. ward pressure on rental rates. In “There’s nothing we can per-
its strongest population growth The rent cap should allow “This is a government that has many provinces, it is fairly easy to sonally do” about the eviction,
in decades – but also, considera- some renters to recoup money. been playing from behind in this evict tenants for the purpose of she said. “On the other hand, it’s a
ble stress on its housing infras- For instance, if a tenant’s monthly crisis,” said Matthew Hayes, a renovation, which can be used to small step in the right direction
tructure. rent was increased to $1,200 from founding member of the NB Coa- raise rents even more. for tenants.”

Institutional investors
allocate more money
to private equity amid
volatility in public markets
ANDRE I IS

Institutional investors plan to keep putting capital into pri-


vate equity, despite rising prices for new acquisitions, to beat
the returns from public markets facing significant head-
winds from inflation and the Ukraine war, according to a
study by law firm Torys LLP.
After a record-setting round of private-equity deal-making
in 2021, Torys surveyed 52 of Canada’s largest asset managers
and private-equity funds. The study found 90 per cent of in-
stitutions said private-equity valuations on acquisitions are
now either slightly or very overvalued.
The majority of these large investors, including pension
plans, said current owners of businesses now have lofty ex-
pectations of what their company will fetch when put up for
sale. “These indicators point to a frothy deal market,” Torys
said.
However, Torys partner Guy Berman said in an interview
the outlook for private equity remains upbeat, with the ma-
Canadian aci ic Rail ay e loyees are back at ork a ter the Tea sters Canada Rail Con erence and the jority of investors expecting future performance to match or
Cal ary based co any a reed Tuesday to inal and bindin arbitration to end a 4 hour ork sto a e exceed historic returns.

/0 /"Ù/42/0 “Private equity now has a 30-year track record for strong
performance,” Mr. Berman said. “When performance from
public markets is expected to be weak, that shapes invest-

Businesses call for ‘permanent’ ment decisions.”


Owning a few, high-quality business in a private-equity
fund can eliminate the risks that come from holding a broad
supply chain solution after CP dispute selection of companies in a public-market portfolio. In re-
cent months, benchmark indexes such as the S&P 500 have
sold off sharply because of geopolitical concerns, dragging
AMANDA STE HENSON CALGARY sues that have plagued Canada’s chain? What about the grain in- down returns.
supply chain in the past two spectors?” Dr. Prentice said. Last year, Canadian private-equity and venture-capital
years have been beyond anyone’s “There’s also containers, the funds set records by investing $14.7-billion across 752 deals,
Business groups advocating for control, “man-made issues” such truckers who handle the contain- more than double the previous high-water mark set in 2019,
rail to be declared an essential as labour disputes can be ad- ers off the docks. Where do you when fund managers put $6.2-billion to work in 539 trans-
service in the wake of this week’s dressed. stop with this thing?” actions, according to data from the Canadian Venture Capital
temporary work stoppage at “I think looking at rail is an es- However, Dr. Prentice agreed & Private Equity Association.
Canadian Pacific Railway Ltd. sential service is a viable solu- the federal government needs to The Torys survey found most private-equity managers ex-
say a “permanent solution” is tion,” Ms. Proud said. “The ques- take action, adding there is a very pect raising new funds will be more difficult than in the past,
needed to ease this country’s tion is whether the government real risk of labour-related disrup- owing to “world events and other factors, including the pros-
supply chain woes. is willing to go there.” tions intensifying along with the pect of rising interest rates.”
In an interview Wednesday, In an interview earlier this rate of inflation as workers seek The study said: “In particular, recent events related to the
Fertilizer Canada president and week, federal Labour Minister wage increases that keep up with Russia-Ukraine conflict as well as sanctions on Russia, may
chief executive Karen Proud said Seamus O’Regan said that when the spiralling cost of living. have broad global implications.”
that since 2019, her industry has the dust from this recent nego- “What [governments] can do Private-equity fund managers plan to increase their in-
dealt with strikes at Canadian tiation and work stoppage at CP is give people some security that vestments in technology businesses, with 63 per cent of in-
National Railway Co. and the settles, it may be time for the they’re not going to let inflation stitutions predicting the sector will see the most takeover ac-
Port of Montreal, in addition to government to look at finding a get out of hand. Because if they tivity this year, up from 55 per cent of respondents last year,
the most recent labour dispute at way to bring more certainty to send the wrong message on that, according to the study.
CP. future contract talks. then we can be assured that “As businesses continue to focus on digital transforma-
That’s on top of other supply But he said he’s not bullish on there’s going to be more disrup- tion, the technology sector remains a key sector of choice for
chain disruptions that have re- the idea of making rail an essen- tions,” he said. private-equity deal-making,” Torys said.
sulted from COVID-19, natural di- tial service because that takes Michael Gullo, vice-president The survey showed private-equity funds are focusing on
sasters such as wildfires and away the rights of workers to bar- with the Business Council of Can- the intersection of financial services and technology as a ma-
flooding and recent border gain. ada, declined to go so far as to say jor investment theme. The study said deal activity was partic-
blockades and protests. The Western Grain Elevator that rail should be designated an ularly strong in asset management, payments fintech, insur-
“We every few years seem to Association, which represents essential service. But he said the ance, banks, loyalty partnerships and international bancas-
get stuck in the same situation. the country’s grain shippers, said number of supply chain related surance. Bancassurance refers to sales partnerships between
Sometimes a couple of times a in a recent statement that rail- disruptions that Canadian busi- banks and insurance companies.
year,” she said. “In the long-term, ways are the “economy’s life- nesses have dealt with in recent In contrast, institutional investors predicted a decline in
we’re really hoping that the gov- blood” and must be treated as so. years are a threat to this coun- investments in entertainment, industrial and agricultural
ernment will look at this.” “We cannot afford to face an- try’s reputation as a good trading businesses compared with last year.
While CP employees are back other massive disruption to our partner. “There really needs to be As the private-equity industry matures, institutional in-
at work now after the Teamsters economy where everyday Cana- a strong affirmation from our vestors are increasingly open to owning businesses for longer
Canada Rail Conference and the dians will pay the price,” the governments that our trade cor- than the traditional 10-year commitment of an investment,
Calgary-based company agreed group said in its statement. ridors are secure and that Cana- using approaches such as continuation funds. This approach,
Tuesday to final and binding ar- While there’s no doubt that da’s a reliable investment part- first seen in Canada about two years ago, sees existing inves-
bitration to end a 48-hour work rail is a vital piece of the Cana- ner,” Mr. Gullo said. “Part of that tors offered the chance to cash out of a business or continue
stoppage, Ms. Proud said many dian economy, said University of may mean infrastructure invest- to own it in the new funds.
business groups are jittery about Manitoba supply chain manage- ment, but we also need to think The Torys survey found that over the past year, 58 per cent
the prospect of future labour-re- ment expert Barry Prentice, for long and hard about how we re- of institutions have considered or participated in an contin-
lated supply chain disruptions – the federal government to desig- spond to disruptions. … Frankly, uation fund, compared with just 43 per cent of respondents
especially as a number of impor- nate rail workers as essential and we can’t wait for a national emer- in 2020.
tant collective agreements, in- take away their right to strike gency to happen before we act.” Mr. Berman said institutional investors are keen on oppor-
cluding contracts between CP ri- would represent a “slippery tunities to maintain or increase their stakes in high-quality
val Canadian National Railway slope.” 2
" " -/00 businesses through continuation funds and co-investments.
Co. and its employees, are set to “What about the people oper- They are particularly keen on co-investment because these
expire later this year. ating the grain elevators because CANADIAN ACI IC RAI AY C investments are typically made on a no-fee or lower fee basis
She said while some of the is- they’re also key in this supply
$0a k¯öä½}}b $:" ä}_ and “juice the performance from private equity.”
T H U R S DAY, M A RC H 2 4 , 2 0 2 2 | T H E G LO B E A N D M A I L O R E P O RT O N B U S I N ES S | B3

Squamish Nation wants to build ‘economic beacons’


Bernd Christmas, who leads deal with it. It’s a facet that in Canada, at
least, or wherever Indigenous peoples are,
Nch’kay, the nation’s economic cannot be ignored.”
development arm in B.C., Starting in his 2020 annual letter to CE-
says evolving attitudes toward Os, Larry Fink, chairman of BlackRock
Inc., the world’s largest asset manager,
Indigenous-owned businesses has been telling corporate leaders they
open up great opportunities need plans to operate in a low-carbon
economy to avoid potential proxy votes
against management or disinvestment.
WENDY STUECK On the social and governance side, there
is increased scrutiny of how corporations
deal with Indigenous peoples.

F
or much of his working life, Bernd For Nch’kay, that trend is playing out in
Christmas was based in Eastern its relationships with companies such as
Canada, where his roles included 11 Woodfibre LNG, which has acknowledged
years as chief executive officer of the Squamish Nation, as well as the B.C.
Membertou First Nation in Nova Scotia, and Canadian governments, as a regulator
during a period when Membertou be- on its project.
came an economic powerhouse, with in- Woodfibre is a proposed LNG export
terests in fisheries, tourism and casinos. facility near Squamish on the site of a
He then worked as a lawyer and negotia- former pulp and paper operation. If the
tor for several First Nations bands. project goes ahead, the Squamish Nation
In 2021, he shifted to the West Coast expects to have a significant role, includ-
when he was named chief executive offi- As CEO of Nch’kay Development Corp., Bernd Christmas is working on several major ing a potential equity stake, Mr. Christmas
cer of Nch’kay Development Corp., the ec- ventures, including a proposed LNG project near Squamish, B.C., and Senakw, a high-profile said.
onomic development arm of the Squam- real estate development in Vancouver. TAEHOON KIM/THE GLOBE AND MAIL “There’s so many deals where you saw,
ish Nation. Formed in 2018, Nch’kay is ‘Okay, we’ll hire [Indigenous people] as
pursuing big ventures ranging from a pro- of a potential bid with Vancouver-Whis- transactions, including a 2021 deal in security guards, we’ll hire them as flag
posed LNG project near Squamish, B.C., to tler for the 2030 Winter Olympics. which a coalition of Mi’kmaq First Na- people’ … and the project’s worth $3-bil-
Senakw, a high-profile real estate devel- Through Nch’kay, the nation is posi- tions, including Membertou, and partner lion, and the nations or the people that it
opment in Vancouver. tioning itself for growth, which is where Premium Brands Holdings Corp. acquired affects directly are making, you know,
The past two decades have also Mr. Christmas comes in. He was CEO of Clearwater Seafoods Inc. in a transaction maybe a million dollars from it,” Mr.
brought a sea change in attitudes toward Membertou from 1995 to 2006, when valued at about $1-billion, including debt. Christmas said.
Indigenous-owned business and that, Membertou positioned itself as a business Mr. Christmas had moved on by that “It’s just so sad – I can honestly say,
along with the size and scope of projects partner, owner and investor through ini- time and Membertou’s long-time chief, with Woodfibre, it’s a different story.”
on Nch’kay’s radar, added up to an oppor- tiatives that included opening a corporate Terry Paul, closed the deal. But Mr. Risley Woodfibre has gone through several
tunity Mr. Christmas didn’t want to miss. office in Halifax and pursuing ISO certifi- said Mr. Christmas had an important role delays but hopes to start construction in
“Back in Membertou days, you were cation. in Membertou’s growth, describing him as 2023.
kind of asking people, ‘Do you want to do John Risley, co-founder of Halifax- a “fair-minded guy, who wants to do deals Mr. Christmas is also focused on Sen-
stuff with us?’, versus here, where you’re based Clearwater Seafoods Inc.. recalls that work for both sides.” akw, which his nation is working on with
getting people coming to you on a regular meeting Mr. Christmas in the 1990s, in the Legislation and governance trends Westbank Corp., a Vancouver developer.
basis,” Mr. Christmas said in an interview. years leading up to the Supreme Court of have evolved considerably since Mr. Senakw is a proposed 12-tower residen-
Part of his role will be assessing those Canada’s landmark Marshall decision. Christmas worked with Membertou. The tial-commercial development that would
pitches – some 1,500 to 3,000 a year, Mr. That 1999 ruling, stemming from the B.C. government, in 2019, and the federal be clustered near the south end of Bur-
Christmas says – to determine which ones prosecution of Membertou member Do- government, in 2021, passed legislation to rard Bridge and include 6,000 residential
align with Squamish Nation’s desire to nald Marshall Jr. for catching and selling implement the United Nations Declara- units.
create income and opportunities for its eel without a licence, affirmed First Na- tion on the Rights of Indigenous Peoples. The mixed-use project will be impos-
members while protecting its traditional tions’ treaty rights to hunt, fish and gath- On the governance side, environmen- sible to overlook, given its prominent wa-
territory, which consists of about 6,700 er in pursuit of a moderate livelihood. tal, social and governance (ESG) stan- terfront location. That is by design.
square kilometres in British Columbia’s After the decision was released, one of dards are changing the way corporations “We think that at the end of the day,
Lower Mainland. Mr. Christmas’s first calls was to Mr. Risley, do business, including how they negotiate over the life of the deal, it will be very,
The nation has a registered population to discuss how Membertou and Clearwa- with Indigenous peoples, Mr. Christmas very successful for Nch’kay – and it’s not
of about 4,000 people, with nearly half of ter could work together. said. just monetary. I think it’s the fact that it
those members living on reserves in and “I remember Bernd calling me and ask- “Economic reconciliation is definitely becomes like a beacon for the nation.
around Vancouver and Squamish, north ing me to come and see him – which I was one of the reasons I came here, among “We’re always looking for ways to show
of the city, and it is involved in businesses happy to do,” Mr. Risley said in an in- others. … The mentality of a corporation the world that we’re here … to create
that include forestry and real estate devel- terview, adding that Membertou was “way has changed,” he said. these economic beacons that will shine
opment. Along with the neighbouring out ahead of the game” in forging busi- “You have the whole notion of ESG in the light and say, ‘Come to us, we have
Musqueam, Tsleil-Waututh and Lil’wat ness ventures and relationships. the corporate business world, and compa- lots of things we want to work on with
nations, the Squamish Nation is also part Those talks set the stage for ever-bigger nies like BlackRock saying you have to you.’ ”
B4 | R E P O RT O N B U S I N ES S O T H E G LO B E A N D M A I L | T H U R S DAY , M A RC H 2 4 , 2 0 2 2

[ TRAVEL ]

Time
to cruise
Tourists arrive at the port
of La Goulette near Tunis
as Tunisia welcomes
the first cruise from
Europe since 2019

FETHI BELAID/AFP VIA GETTY IMAGES

Digital currencies present risks: Powell


U.S. Fed chair ulation or even entirely new cent of adult Americans – or 40
rules and frameworks.” million people – have invested in
says stablecoins Stablecoins are a type of cryp- cryptocurrencies. And 43 per
and bitcoins will tocurrency usually tied to the cent of men 18 to 29 have put
require new regulations dollar or a commodity such as their money into cryptocurrency.
gold. Central bank digital curren- The Fed is also trying to figure
cies are digital forms of dollars or out how digital assets such as
CHRISTOPHER RUGABER other currencies, issued by gov- Bitcoin may affect financial mar-
WASHINGTON ernments. The Fed is researching kets, particularly during down-
digital dollars but has not yet turns or market crashes. “We
made a decision on whether to don’t know how some digital
U.S. Federal Reserve chair Jerome issue one. It released a study on products will behave in times of
Powell said new forms of digital stablecoins in January. market stress, which could lead
money such as cryptocurrencies Mr. Powell did not provide any to large destabilizing flows, nor
and stablecoins present risks to details of what kind of regula- do we know how stresses in
the U.S. financial system and will tions might be needed. He did crypto markets could potentially
require new rules to protect con- say they should follow the prin- spill over into the traditional fi-
sumers. ciple of “same activity, same reg- nancial system,” Mr. Powell said.
Mr. Powell, speaking Wednes- ulation,” meaning transactions One concern regarding stable-
day on a panel organized by the outside the traditional banking coins is that, while many prom-
Bank for International Settle- system should be regulated the ise to maintain a value of $1, it’s
ments, a global organization of same as they are when executed U.S. Federal Reserve chair Jerome Powell, speaking Wednesday to a not always clear if stablecoin is-
central bankers, also said new by banks. panel organized by the Bank for International Settlements, outlined suers have sufficient cash to re-
technologies will likely make Earlier this month, U.S. Presi- several risks that stem from the growth of digital finance to both deem each stablecoin they issue
electronic payments cheaper dent Joe Biden signed an exec- consumers and the broader financial system. SAMUEL CORUM/GETTY IMAGES for $1.
and faster. But they could also utive order directing the Treasu- Mr. Powell added crypto assets
destabilize existing financial in- ry Department and other federal evade U.S. sanctions on Russia. understand the extent of their have been used for “illicit activ-
stitutions, he said. agencies to study the impact of In his remarks, Mr. Powell out- potential losses, or that these in- ity,” such as money laundering,
“Our existing regulatory cryptocurrency on financial sta- lined several risks that stem vestments generally lack the and “we need to prevent this so
frameworks were not built with a bility and national security. from the growth of digital fi- government protections that ac- that the innovations that do sur-
digital world in mind,” he said. His order came as several nance, including to consumers company many of the traditional vive and do attract broad adop-
“Stablecoins, central bank digital Democratic senators, including and the broader financial sys- financial instruments and servic- tion are those that provide value
currencies, and digital finance Elizabeth Warren from Massa- tem. es that they’re used to,” Mr. Po- over time” for legal uses.
more generally will require chusetts, have raised concerns Americans who buy stable- well said.
changes to existing laws and reg- that crypto could be used to coins or crypto “may not fully Surveys show roughly 16 per ASSOCIATED PRESS

Canada’s plan to hike Ferry operator’s mass firing of crew


oil exports will not members likely broke law, Britain says
compromise long-term DANICA KIRKA LONDON after P&O received millions in pany’s “shameful acts.”
climate goals, source says British government aid during
the pandemic – have caused out-
The ferry operator, a unit of
Dubai government-owned logis-
The British government said rage and sparked protests by tics giant DP World, said the dis-
STEVE SCHERER OTTAWA Wednesday that a Dubai govern- trade unions at U.K. ports. P&O missed crew members worked
NIA WILLIAMS CALGARY ment-owned ferry operator at cancelled all its ferry crossings on eight ships registered in the
the centre of a bitter labour dis- between Britain, Ireland and Bahamas, Bermuda and Cyprus.
pute likely broke the law when it continental Europe after the They were employed by three
Canada on Thursday will outline plans to increase oil exports fired 786 crew members without announcement last week, dis- P&O units incorporated in Jersey,
to help alleviate the tight global market following Russia’s in- notice to replace them with rupting the movement of both a self-governing Crown depend-
vasion of Ukraine, but the hike will not undermine Ottawa’s cheaper contract staff. travellers and goods. ency that isn’t part of Britain.
long-term climate commitments, a government source said. Prime Minister Boris Johnson Trade unions have long ob- Crew members employed by
Federal Natural Resources Minister Jonathan Wilkinson condemned the “callous” beha- jected to “fire and rehire” poli- two other subsidiaries based in
will detail Canada’s plans at the International Energy Agency viour of P&O Ferries and said the cies that let companies fire staff France and the Netherlands we-
(IEA) meeting in Paris, the source said. company appeared to have bro- members and re-employ them ren’t fired, P&O said.
Mr. Wilkinson told Reuters earlier this month the govern- ken British labour laws. on worse terms. Under British la- P&O gave advance notice of
ment is working with industry to find ways to increase pipe- “We will be taking action,” Mr. bour laws, such extreme action the firings to authorities in the
line utilization and boost crude exports, and pipeline com- Johnson said, adding that the is only meant to be done after countries where the ships are
pany Enbridge Inc. said it is prepared to do “what it can.” company could “face fines run- extensive employee consulta- registered, Mr. Hebblethwaite
Canada, holder of the world’s third-largest oil reserves, is ning into millions of pounds” if tions. said. As a result, P&O doesn’t be-
keen to help shore up long-term energy security as countries it is found guilty. P&O chief executive Peter lieve it violated British laws.
that previously relied on Russian oil and gas look for replace- P&O Ferries, which operates in Hebblethwaite said that “restruc- P&O has announced that it
ments amid sanctions aimed at punishing Russia for its as- Britain and is owned by a subsid- turing our work force in this way will pay workers 13 weeks’ salary
sault on Ukraine. But the government has no plans to com- iary of Dubai company DP World, was not a course of action that to compensate for the lack of ad-
promise its climate goals. claimed the move was legal be- we ever wanted to take.” vance notice, and another 13
“There’s no real desire to shift away from the focus on emis- cause the staff worked on ships The letter came in response to weeks’ salary in lieu of consulta-
sions reductions and the environment. We’re not throwing registered outside the U.K. Business Secretary Kwasi Kwar- tion. In addition, P&O says dis-
out the climate rule book,” added the source, who declined to The ferry operator acknowl- teng’s request for information missed crew members will re-
be identified owing to the sensitivity of the information. edged that the way the dismiss- amid outrage from workers and ceive 2½ weeks’ salary for every
That sentiment was echoed by Krystyna Dodds, a spokes- als were carried out caused dis- allegations that P&O violated year of service, instead of the le-
woman for the Environment Ministry. “The current energy tress for workers and said it had British labour laws. Mr. Kwarteng gally required 1½ weeks.
situation has not resulted in any significant changes to Cana- offered “generous compensa- last week said it appeared the About 575 of the dismissed
da’s climate policies,” Ms. Dodds said in a statement. tion” to those involved. company hadn’t followed the re- workers have accepted the sever-
A spokesman for Alberta Energy Minister Sonya Savage But the company also said it quired process for dismissing ance package, P&O said.
said Canada could ship an extra 200,000 barrels a day (b/d), couldn’t have survived without large numbers of workers and But the RMT union said the
roughly 5 per cent of current exports to the United States and a “fundamentally changed crew- notified it that failure to do so package amounted to “blackmail
fraction of the three million b/d of Russian supply expected to ing arrangements” and that it was a criminal offence that could and threats” because workers
be missing from April. Many producers, particularly in north- took the action to save 2,200 oth- lead to an unlimited fine. will only receive a fraction of the
ern Alberta’s oil sands, where new multibillion-dollar pro- er jobs. The dismissed seafarers The National Union of Rail, payout unless they give up their
jects take years to build, are reluctant to increase spending to are being replaced by cheaper Maritime and Transport Workers legal right to file an action with
significantly boost output. workers employed by a third- reacted angrily to the P&O letter, the employment tribunal.
Critics say Canada is failing to meet its climate goals. party crew provider. saying the “disgusting state-
In 2018, Prime Minister Justin Trudeau’s government The staff cuts – which came ment” sought to justify the com- ASSOCIATED PRESS
bought the Trans Mountain oil pipeline to help producers
struggling to get their crude to market.
Carbon emissions from the oil and gas sector have risen 20
per cent since 2005 and contribute 26 per cent of Canada’s DILBERT
total emissions, making it the country’s largest emitting
industry.
The government has pledged to cut carbon emissions 40 to
45 per cent below 2005 levels by 2030, and is expected to
outline a detailed emissions-reduction plan by the end of
March.
“What the Ukraine crisis has done is increase the attention
being given to energy security,” said George Hoberg, a profes-
sor of public policy at the University of British Columbia.
“There’ll be lots of pressure from the oil and gas sector [to
expand the industry], but to do so would be inconsistent with
Canada’s climate commitments.”

REUTERS
T H U R S DAY, M A RC H 2 4 , 2 0 2 2 | T H E G LO B E A N D M A I L O R E P O RT O N B U S I N ES S | B5

‘Unfriendly countries’ must NESTLE TO SUSPEND SALE OF SEVERAL


NON-ESSENTIAL PRODUCTS IN RUSSIA

pay for gas in rubles, Putin says LONDON Nestle SA said on Wednesday it will halt the sale of
several non-essential products including KitKat candy bars
and Nesquik chocolate mix in Russia, in an unprecedented
NINA CHESTNEY LONDON that trade into disarray sent some raine a “special military oper- move amid pressure on the world’s top consumer goods
European wholesale gas prices up ation” to disarm and “de-nazify” company after criticism from Ukrainian President Volody-
as much as 30 per cent on Wednes- its neighbour, Ukraine. Western myr Zelensky.
Russia will seek payment in ru- day. British and Dutch wholesale allies call those baseless pretexts Nestle shares closed down 1.4 per cent, after hitting a
bles for gas sales from “unfriend- gas prices had jumped by Wednes- that have raised fears of wider session low shortly after the news. The statement was
ly” countries, President Vladimir day’s close. conflict in Europe. unusual for the maker of Maggi bouillon and Nescafe
Putin said on Wednesday, sending The Russian ruble briefly leapt According to Gazprom, 58 per coffee, which has for decades continued to operate in war
European gas prices soaring on to a three-week high past 95 cent of its sales of natural gas to zones around the world.
concerns the move would exacer- against the U.S. dollar and, despite Europe and other countries as of The brands Nestle is suspending make up the “vast
bate the region’s energy crunch. paring some gains, stayed well be- Jan. 27 were settled in euros. U.S. majority of volume and sales” in Russia, which were 1.7
European countries’ depend- low 100 after the shock announce- dollars accounted for about 39 per billion Swiss francs ($2.3-billion) in 2021, a spokesperson
ence on Russian gas to heat their ment. The currency is down cent of gross sales and sterling said. Production of these items will also come to a halt.
homes and power their econo- around 20 per cent since Feb. 24. around 3 per cent. Mr. Zelensky on the weekend called out several compa-
mies has been thrown into the “At face value this appears to be The European Commission has nies for staying in Russia after its invasion of Ukraine and
spotlight since Moscow sent an attempt to prop up the ruble by said it plans to cut EU dependency accused Nestle of not living up to its “Good Food, Good
troops into Ukraine on Feb. 24 and compelling gas buyers to buy the on Russian gas by two-thirds this Life” slogan. In the days leading up to his comments, Nes-
the subsequent imposition of previously free-falling currency in year and end its reliance on Rus- tle had already been fielding online criticism from shop-
Western sanctions aimed at isolat- order to pay,” said Vinicius Roma- sian supplies of the fuel “well be- pers, activists, investors and political figures.
ing Russia economically. no, senior analyst at consultancy fore 2030.” The company previously said it had halted non-essential
With the financial noose tight- Rystad Energy. But unlike the United States exports and imports from Russia, stopped all advertising
ening and the European Union Mr. Putin said the government and Britain, EU states have not and suspended capital investment. It also said it was not
split on whether to impose sanc- and central bank had one week to agreed to impose sanctions on making a profit in Russia.
tions on Russia’s energy sector, come up with a solution on how Russia’s energy sector, given their “We stand with the people of Ukraine and our 5,800
Mr. Putin hit back with a clear to move these operations into the dependency. The Commission, employees there,” Nestle said. It said it would continue to
message: If you want our gas, buy Russian currency and that gas gi- the 27-country EU’s executive, did pay Russian employees.
our currency. ant Gazprom would be ordered to not immediately respond to a re- Western companies that maintain a presence in Russia
“Russia will continue, of make the corresponding changes quest for comment. to provide essential goods such as food and medicine have
course, to supply natural gas in ac- to gas contracts. German Economy Minister been trying to strike a balance between President Vladimir
cordance with volumes and pric- With major banks reluctant to Robert Habeck said on Wednes- Putin’s government and advocates for Ukraine pulling
es … fixed in previously conclud- trade in Russian assets, some gas day that he would discuss with them in opposite directions.
ed contracts,” Mr. Putin said at a buyers in the European Union European partners a possible an- More than 400 companies have withdrawn from Russia
televised meeting with top gov- were not immediately able to clar- swer to Moscow’s announcement since the launch of its attack on Ukraine on Feb. 24, leaving
ernment ministers. ify how they might pay for gas. about the gas payments. behind assets worth hundreds of billions of dollars in
“The changes will only affect Several firms, including oil and “It is unclear how easy it would aggregate.
the currency of payment, which gas majors Eni SpA, Shell and BP be for European clients to switch Nestle was not alone in saying it would continue to
will be changed to Russian ru- PLC, RWE AG and Uniper SE – Ger- their payments to rubles given provide basic items for nutrition and hygiene, such as milk
bles,” he said. many’s biggest importer of Rus- the scale of these purchases,” said and diapers. PepsiCo Inc., Unilever and Procter & Gamble
Russian gas accounts for some sian gas – declined to comment. Leon Izbicki, associate at consul- have also said they would retain a presence in Russia to
40 per cent of Europe’s total con- In gas markets on Wednesday, tancy Energy Aspects. provide essential goods.
sumption and EU gas imports eastbound gas flows via the Ya- “However, there are no sanc- Nestle has for decades been a target of criticism by
from Russia have fluctuated be- mal-Europe pipeline from Ger- tions in place that would prohibit activist groups and governments over issues including the
tween €200-million and €800- many to Poland declined sharply, payments of Russian gas in ru- company’s bottled-water manufacturing, its decision to
million (US$880-million) a day so data from the Gascade pipeline bles,” he said. stay in South Africa during apartheid and its baby formula
far this year. The possibility that a operator showed. marketing practices.
change of currency could throw Moscow calls its actions in Uk- REUTERS REUTERS

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MEETING NOTICES

IGCC Notice of
Securityholder NOTICE OF ANNUAL AND SPECIAL MEETING OF
Meeting NATIONAL BANK OF CANADA SHAREHOLDERS
When: Thursday, April 7, 2022, 10:30 a.m. EDT
Where: Virtual meeting by live webcast
Date of Meeting: May 17, 2022 Notice of Annual Meeting of the Holders
of Common Shares CIBC’s 2022 Annual and Special Meeting of Shareholders will be held
Record Date: March 25, 2022 virtually to protect the health and wellbeing of participants amid
The Annual Meeting of the Holders of Common Shares of the evolving COVID-19 pandemic. We are committed to supporting
Place: Winnipeg, MB shareholder engagement in our meeting. Shareholders and duly
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Issuer: Investors Group on Friday, April 22, 2022, in the two following options: live meeting, ask questions and vote, online in real time, regardless of their
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DIVIDENDS Montreal, February 23rd, 2022 Michelle Caturay
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Notice of Meeting
Notice is hereby given that the following meeting of shareholders has been declared. COMMERCIAL REAL ESTAT E
NOTICE OF RECORD DATE FOR
Issuer Type Record Meeting Meeting
PAYMENT OF DIVIDEND Date Date Location
NOTICE is hereby given that the Directors of Sagicor TELUS International Annual General March 31, 2022 May 20, 2022 Virtual
Financial Company Ltd. (“the Company”) have by (CDA) Inc.
resolution declared a dividend of US $0.05625 per
share on the issued and outstanding common shares
of the Company. LEGALS
The dividend is payable on April 25, 2022 to the
registered holders of the common shares of record at
  "(+ * (+ + *+ " +*++  +  +
the close of business on April 4, 2022. NEWFOUNDLAND AND LABRADOR   " ("   +  "  + +   "
Dated March 21, 2022
SUPREME COURT " $#   )  "* " #&%  
By Order of the Board of Directors
 "
 * "(+  (" " +  + ( " + # "( "
Althea C Hazzard
Corporate Secretary
(BANKRUPTCY AND INSOLVENCY)   () !" ++) +" ) "* (" ' ( " 

IN THE MATTER OF
THE COMPANIES’ CREDITORS ARRANGEMENT ACT,
R.S.C. 1985, c. C-36, AS AMENDED
AND IN THE MATTER OF THE COMPROMISE OR
Have The ARRANGEMENT OF
CANADA FLUORSPAR (NL) INC., CANADA FLUORSPAR
Globe and Mail INC. AND NEWSPAR (a General Partnership) (collectively,
delivered to (“CFI” or the “Companies”)
your door PLEASE TAKE NOTICE that an Initial Order was made by the Supreme Court
FOR SALE
of Newfoundland and Labrador, on March 11, 2022, following the hearing MIXED-USE
of an application by the Interim Receiver and that Grant Thornton Limited DEVELOPMENT
was appointed as Monitor;
LAND
PLEASE TAKE NOTICE that any person with a claim, grievance, application,
suit, right or remedy, or proceeding or enforcement process in any, tri- 1600 Upper James St,
bunal, or arbitration association, relating to the Companies are stayed on Hamilton
terms as set out in the Initial Order, with the exception of certain property
in favour of HSBC Bank Canada.
PLEASE TAKE FURTHER NOTICE that a copy of the Initial Order and addi-
Site area of 24,929 sf
C5 Zoning Designation  
 Commercial/Residential
tional information regarding this proceeding has been made available Development      
on the Monitor’s website at: www.GrantThornton.ca/CFI. If you require 7 ). -!  &#  %- -/-  %  -)%
further information please contact a representative of the Monitor (Corey Reilly Hayhurst* 2%%-+- !)6) 6  '--%- %  )-% +% 
reilly.hayhurst@cushwake.com -  -)!  %  !% -! - 8) % -* 
Hines, T: 902-491-7704, E: canadafluorspar@ca.gt.com). )!  8   #
$
416 359 2429 7 48%. 8!% )8%  (0 8- ). -!
*Sales Representative % - * ! ,  8*8 - !!%-
Cushman & Wakefield ULC, Brokerage ! *8 %-8! +% - !%  "1  # . !
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Sports 7 -!. -88!!6 6. )68 % -!% 5 * 8
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DIVIDEND/DISTRIBUTION INFORMATION
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CALL 1-800-387-5400 The following dividend/distribution has been declared.  !  !

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TGAM.CA/SUBSCRIBE        " 
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Dexterra Group Inc. Common shares March 31, 2022 April 15, 2022 $0.0875 CAD TGAM.CA/SUBSCRIBE www.retailinvestment.ca *Sales Representative **Broker
B6 | R E P O RT O N B U S I N ES S O T H E G LO B E A N D M A I L | T H U R S DAY , M A RC H 2 4 , 2 0 2 2

Advisers: Ontario’s new credentialling rules to be phased in Parkinson:


FROM B1 has no legislated national standards for stone said in an interview. “Clients are go- Handing money
those who offer financial planning or ad- ing to have the ability to put confidence in
Ontario’s announcement will also help
spur change in other jurisdictions and pro-
vice. Outside Quebec, which has its own
rules, anyone can call themselves a finan-
the individuals who are calling themselves
financial planners and financial advisers,
to consumers
mote consistency among people across the
country who use the titles, FSRA chief exec-
cial planner or adviser, regardless of certifi-
cation, designation or educational back-
and know that those individuals will have
the skills and training necessary to put
merely helps
utive Mark White said in an interview with
The Globe and Mail.
ground.
Mr. White said he is in discussions with
their best interests first.”
The Financial Advisors Association of
defray inflation
Mr. White has been working to harmo- four organizations that have applied for Canada – known as Advocis – has also ap-
nize Ontario’s rules with those in other authorization to certify people to use the plied to become a FSRA- approved creden- FROM B1
provinces – including Saskatchewan and new credentials. FSRA will publicly an- tialing body. It is submitting its existing
New Brunswick – that are proposing simi- nounce the final list of approved creden- professional financial advisor (PFA) cre- The federal Conservatives are call-
lar title protection frameworks. tialling bodies after the new rules take ef- dential to be eligible for both the financial ing for a “holiday” on the goods
The coming rule changes, which will be fect on March 28. adviser and financial planner titles, and its and services tax (GST) on the
phased in over time, will make qualifica- One of the most widely known creden- Chartered Life Underwriter (CLU) creden- same fuels.
tions and credentials mandatory for peo- tials is the certified financial planner (CFP) tial to be eligible for the financial planner Those approaches don’t match
ple who work in the industry and refer to designation, administered by the profes- title in Ontario. the simple appeal of Quebec’s di-
themselves by either title. sional body FP Canada. About 17,000 peo- “This is an important step forward in rect cash handouts, but they nev-
Financial planners will have a four-year ple in Canada hold it, with 9,000 of them in raising the bar for our members and our cli- ertheless amount to turning tax
transition period, while financial advisers Ontario. FP Canada also administers the ents,” Advocis chief executive Greg Pollock money over to voters to compen-
will be given a two-year time frame. Indi- Qualified Associate Financial Planner said in a statement. “Now only will this help sate them for their inflation trou-
viduals who were using these titles prior to (QAFP) certification, a designation strengthen consumer confidence in choos- bles. Good politics? Probably.
and on Jan. 1, 2020, will be given “ample launched in 2019 for people who serve a ing who to partner with, but will also help Sound economic policy? Not so
time to comply with the framework follow- broader population of Canadians with less promote consistency and professionalism much.
ing its implementation,” FSRA said in a complex financial needs. Currently, there among those individuals using the titles.” Handing money to consumers
statement. are 1,900 QAFP professionals in Canada, Two organizations that have not yet ap- does not fight inflation, it merely
People who began using the titles after about 900 of them in Ontario. plied to be included, said Mr. White, are the helps defray inflation. It treats the
Jan. 1, 2020, will “have to get credentials FP Canada CEO Tashia Batstone said the Mutual Fund Dealers Association of Cana- symptom, overlooks the disease.
from a FSRA-approved credentialing body CFP and the QAFP have been submitted to da (MFDA), a self-regulatory organization It does nothing to expand supply
immediately,” it added. be approved as approved credentials, and (SRO) that oversees about 90 mutual fund or remove barriers slowing it,
The rule change comes two years after that she anticipates both will be selected by companies and distributors, and the In- which is at the root of our current
industry groups advocated for stricter stan- FSRA. vestment Industry Regulatory Organiza- problem. Worse, such consumer
dards for individuals who provide financial “Our organization has been champion- tion of Canada (IIROC), which supervises supports act as a de facto stimulus
advice to Canadian investors. ing this kind of legislative framework for 170 investment dealers. The two SROs are for demand at a time when de-
There are about 100,000 financial advis- many, many years and today’s announce- currently in the process of merging to es- mand is already strong, the Cana-
ers working across the country. But Canada ment is a big win for consumers,” Ms. Bat- tablish a new single one. dian economy is already running
at near full speed and supplies al-
ready can’t keep up.
“While we understand that it is
difficult for governments to resist
Radwanski: Despite political differences, Ontario and federal the temptation to act in this way,
there is reason to wonder whether
governments seem to have been working together in lockstep running deficits for this purpose
in a context of full employment
FROM B1 might not put additional pressure
on prices, especially since other
But it’s not time for a victory lap just yet. levels of government might fol-
There is a chance here to get closer to the low suit,” National Bank of Cana-
auto sector’s glory days, not just preserve da economists Darren King and
the shrunken version to which it was re- Matthieu Arseneau said in a re-
duced in recent decades. search note.
The question is whether Canada can To be fair, these leaders are
leverage the big new investment to devel- merely responding to the de-
op a full supply chain, from mining of crit- mands from constituents that
ical battery components all the way governments do something –
through battery recycling. Governments anything – to address the situa-
have talked a lot about that but not yet tion, cries that have grown louder
developed a comprehensive, quickly ac- and broader as inflation has accel-
tionable strategy around it. That’s not to erated. It’s odd that some of the
take anything away from what Canadian political leaders most receptive to
politicians have done lately to secure vari- those cries are of a conservative
ous new building blocks for that supply bent. Traditionally, conservatives
chain and especially an anchor invest- aren’t fans of interfering with
ment like the one announced this week. market forces. They aren’t strong
The competition from the United States advocates of government step-
has been stiff, as global auto giants rapidly ping in to shield us from all bad
put down North American roots for EV From left: Ontario Premier Doug Ford, Ontario Minister of Economic Development Vic economic outcomes.
manufacturing, in anticipation of a large Fedeli, federal Innovation Minister François Phillipe Champagne and Prime Minister Justin Frankly, the current inflation
spike in demand. And the prospect of pro- Trudeau visit a Honda plant in Alliston, Ont., last week. CHRIS YOUNG/THE CANADIAN PRESS is, in no small part, the price we
tectionist EV purchase rebates sought by are now paying for governments
U.S. President Joe Biden, which would be That’s made for a more compelling pitch reserves of key minerals – among them shielding us from very, very bad
partly contingent on the vehicles being than previously about the advantages that nickel, cobalt, lithium and graphite – offer outcomes over the past two years.
made in America, has added to the chal- places such as Windsor offer. Those in- the most competitive advantage and mer- We ran up public debts, propped
lenge. clude a skilled work force, clusters of near- it prioritization. up household incomes and sus-
Canadian governments’ willingness to by parts suppliers, ideal geography and lo- While the manufacturing side is mov- tained consumer demand to av-
subsidize some of automakers’ costs has gistics for supply chains on both sides of ing along more swiftly, there are intrica- ert an economic depression and
naturally played a role in that. That in- the border, potential nearby access to crit- cies there as well. That includes determin- set the stage for a strong recovery.
cludes many hundreds of millions of dol- ical minerals and a clean supply of elec- ing what supports may be needed to en- Few would dispute that this was
lars each from Ottawa and Queen’s Park tricity relative to most U.S. jurisdictions. able parts manufacturers, accustomed to necessary. But a consequence has
toward the Stellantis-LG venture, al- That kind of hustle will continue to be supplying for traditional internal-combus- turned out to be higher inflation.
though the exact contributions have not much needed. Among other possible near- tion engines, to make components of elec- Earlier in the pandemic, many
yet been specified. But it’s not as though term investments, there are a few other tric batteries instead. policy commentators had advo-
other jurisdictions haven’t been offering battery-assembly plants involving major There needs to be some thought, too, to cated for governments to raise
comparable sums; that’s long been part of automakers up for grabs – any of which parlaying sectoral growth around multi- taxes, at least temporarily, as a
the game in this sector, and the U.S. has would provide another huge boost. national investments into the rise of specific means to start paying
often played it more enthusiastically than The more anchors there are, though, homegrown EV manufacturers – especial- down the bills incurred in pro-
Canada. the more there will also need to be sophis- ly for electric vehicles and trucks, where tecting Canadians from econom-
More than that, there has been a new- ticated plans to build around them. there are several burgeoning players, such ic disaster. That’s pretty much
found urgency with which governments The most glaring need in that regard is as Quebec’s Lion Electric, making waves. where we expected governments
here have courted investments. François- on mining and refining critical minerals, And it means being diligent about pre- to be by now: looking at ways to
Philippe Champagne, the federal Industry where there has been less progress thus far serving existing advantages. That applies reverse those big spends and
Minister, has by all accounts been partic- than on the manufacturing side. especially to the available supply of clean clean up the mess, knowing Can-
ularly energetic on that front since taking That could change now that large electricity, which requires a lot of planning adians are employed and growth
over that job early last year – bouncing would-be clients for the minerals are mov- to meet demand that will greatly rise amid is on solid footing.
around the world to aggressively wheel ing in. But those clients will initially be electrification of transportation, buildings Perhaps inflation is, effectively,
and deal with the automakers. sourcing most minerals from overseas. and industry. serving as that “tax.” (Yes, I know
And although Doug Ford’s Ontario gov- To have much chance of domestically All of this becomes a little less abstract that inflation is not actually a tax,
ernment was initially slow to warm to the supplying them within a decade or so, with each new EV-making deal that’s in- but hear me out.) A consequence
EV transition’s economic potential – with work needs to move swiftly on building in- ked – and a lot less so, when it’s something of higher inflation has been high-
Quebec outpacing that province on some frastructure around mineral reserves; on as significant as this week’s. er-than-expected nominal gross
fronts, despite much less automaking in- balancing environmental protections and But it’s not all just going to come to- domestic product (i.e. GDP in-
frastructure to begin with – it has signif- regulatory expedience; on building strong gether because a few big pieces are in cluding the effects of price in-
icantly scaled upped its efforts. partnerships with Indigenous communi- place. There’s a great deal of work to be creases) – and by extension, high-
Crucially, despite any political differ- ties; on figuring out how much to subsi- done, if Canada wants to not just survive er government revenues. This is
ences, the two levels of government seem dize projects and promote domestic own- but thrive in the transition to zero-emit- even more the case for govern-
to have been working together in lockstep. ership. It also means determining which ting vehicles rapidly taking shape. ments in Canada, which benefit
from taxation of income generat-
ed by surging prices for energy
and other commodities. So, in ef-
fect, governments are now seeing
Valentine: OSC alleges director duties violated 2004 order the boost in revenues that will
help pay the pandemic bills while
FROM B1 so, the OSC alleges, two companies he con- Mr. Valentine is the son of Canadian dip- voters pay the price, in the form
trolled received $4.3-million in compensa- lomat Douglas Valentine, a former ambas- of inflation. It’s not a tax increase,
At the time of the settlement, Kelley tion from 2015 to 2017 for helping to arrange sador to Saudi Arabia, Colombia and Ye- but it has a similar effect, on both
McKinnon, the OSC’s chief legal counsel, loans to borrowers who pledged stock as men. He joined Thomson Kernaghan in sides of the ledger.
called Mr. Valentine’s penalties “possibly collateral. The OSC cites both arrange- 1994 and by 1997 was making so much And it has come at a time
the most serious sanction the commission ments as examples of Mr. Valentine engag- money trading red-hot internet stocks that when, let’s be honest, the econo-
has ever meted out on a matter. … Those ing in trading in securities in breach of the a majority of Thomson Kernaghan’s part- my can best bear it. We no longer
are the ones that are going to keep him out trading ban and the commission’s order. ners backed his plans to reinvent the com- need governments to be bailing
of the market in the future.” She told The The OSC is asking that Mr. Valentine pany as a specialized technology brokerage us out en masse (as much as we
Globe and Mail his conviction in the U.S. again be barred from serving as a director and investment banker. He quickly became might like it).
and the OSC action would effectively “shut or officer and again be subject to a trading chairman and 25-per-cent owner of the We need them to bring their
him down” in the U.S. and Canada. ban. In Wednesday’s complaint, the OSC firm. Mr. Valentine was able to afford a fiscal footprint back down to size,
The new OSC allegations unveiled on asks Mr. Valentine to repay “any amounts sprawling home in Toronto’s Forest Hill, a withdraw stimulus and focus
Wednesday, which have not been tested in obtained as a result of non-compliance beach house in Florida, a cottage at Lake spending on investments that
court, suggest the 2004 settlement order with Ontario securities law.” The OSC is also Simcoe and a Falcon jet. will expand supply capacity and
has failed spectacularly. The OSC says Mr. asking for administrative penalties of “not According to former Thomson Kernagh- create an environment for non-
Valentine failed to resign as a director from more than $1-million for each failure to an officials, his partners were so grateful for inflationary growth. Any short-
two companies – Q Capital Corp. and Wis- comply with Ontario securities law.” their earnings that the firm bought him a term supports to ease the impact
dom Capital Partners Inc. – he created be- The Globe and Mail’s attempts to reach Ferrari in 1998 as part of his compensation. of inflation should focus on low-
fore the OSC agreement. Since then, ac- Mr. Valentine through LinkedIn and a resi- The licence plate adorning the sports car income households most vulner-
cording to the OSC, he became a director dential phone listing were unsuccessful. read “giddyup,” an echo of Mr. Valentine’s able to high inflation. (Consider
and/or officer of 36 Ontario companies. Janice Wright, a partner at Wright Teme- frequent rallying call to his small trading that Quebec’s $3.2-billion hand-
None of the 38 companies are “reporting lini LLP, who is representing Mr. Valentine, team: “Giddy-up, let’s get going.” out is five times as much as it bud-
issuers,” which are companies that file pro- told The Globe, “As this matter proceeds His lawyer in the 2004 OSC case, Edward geted to improve supply of, and
spectuses, trade on an exchange and sub- there will be serious issues raised in Mr. Val- Greenspan, said at the time the OSC agree- access to, low-income housing.)
mit periodic reports to the OSC. entine’s defence, including legal advice he ment meant Mr. Valentine “can now get on It wasn’t easy getting to where
The OSC said Mr. Valentine also engaged received and relied on at the time.” with his life. … He’s a very young man and we are today with inflation, and it
in a trade of $1.36-million of stock of a To- The OSC declined to comment on the he’s got a long future ahead of him and I’m won’t be easy getting out. Let’s
ronto company, Flyp Technologies Inc. Al- case beyond the documents it released. sure he’ll be very successful.” stop looking for quick fixes.
   

  

PA I D P O S T
ADVERTISING FEATURE PROVIDED BY MACKENZIE INVESTMENTS. THE GLOBE AND MAIL’S EDITORIAL DEPARTMENT WAS NOT INVOLVED.

Portfolio reconstruction:
Innovation in a post-pandemic world
n many ways, the pandemic
I has turned the world upside
down. The new reality for investors
is an inflation rate that has surpassed
bond yields, creating negative yields,
while stock markets face continuing
uncertainty.
For years, pension funds have
thrived in challenging environments
by investing in private markets that
boosted performance and enhanced
stability. If you were part of a large
corporate or public servant pension
plan, you were gaining access
to private markets without even
knowing it. But over the years, many
of these plans have been replaced
with group registered retirement
savings plans that are limited to
investing in public markets.
Now, more than ever, all
investors need to consider gaining
access to the private, alternative
investments that have been the
exclusive domain of pension funds
and high-net-worth individuals.

THE CURRENT MARKET


ENVIRONMENT CALLS FOR MORE traditional markets,” Schnitman says. more investors to access the private NINE WAYS TO RECONSTRUCT
THAN JUST REBALANCING—IT Only a small percentage of the market opportunity.” PORTFOLIOS WITH ALTERNATIVES
CALLS FOR PORTFOLIO companies in the world are publicly As public markets
RECONSTRUCTION traded. Private markets represent FIRST IN CANADA TO have contracted, The new interval fund brings the
a broader opportunity, which is UNLOCK PRIVATE CREDIT firm’s roster of alternatives to nine
As much of the world loosens typically only available to institu- FOR ALL INVESTORS private markets have investments funds, plus three ETFs,
pandemic restrictions, Michael tional investors. grown immensely. covering areas such as private
Schnitman, head of alternative “We’re on a mission at Mackenzie Mackenzie has been aggressively Recognizing this equity replication, enhanced yield,
investments at Mackenzie Invest- to change that, and to democratize building its capabilities since global macro, credit absolute
ments believes that every investor access to private markets,” Mr. launching Canada’s first accessible challenge, we’ve return, and global infrastructure.
should have at least 10 to 20 per cent Schnitman says. alternatives strategies mutual fund developed innovative As an industry pioneer, Mackenzie
of their overall portfolio allocated in 2018. In 2020, the firm entered a has an established track record in
to alternatives, depending on their PRIVATE ASSETS ARE AN strategic partnership with Northleaf
ways for more what is still a new space in Canada,
investment objectives, and that INDISPENSABLE PIECE OF Capital Partners, a Toronto-headquar- investors to access Schnitman says.
alternatives should be considered THE PORTFOLIO tered leader in institutional private the private market He believes the Canadian market
core holdings. markets investment. will begin to scale rapidly in the
For many investors, a well-bal- Among the fastest-growing In February 2022, Mackenzie opportunity. coming years as investors realize
anced portfolio is built with the segments of alternatives are private launched the Mackenzie Northleaf the opportunity to modernize their
familiar asset classes of stocks, assets: private equity, private credit Private Credit Interval Fund, a Michael Schnitman portfolio construction.
bonds and a little cash. But with and private infrastructure. These prospectus-based vehicle that allows Head of Alternative Investments “I think, over the next five years,
the recent return of both stock have become more attractive in non-accredited investors access to we could see $100-billion flow
market volatility and higher inflation, recent years, owing in part to the the private credit space. The interval into Canadian alternative assets
Canadians may need to expand their declining number of publicly traded fund structure has been in use in quarterly redemptions. and strategies from individual
investment universe. companies, a result of corporate the United States for a few decades; “It offers access to institutional investors.”
“A truly diversified modern mergers and a slowing pace of initial Mackenzie offers the first of its kind private credit strategies for all retail Together, Mackenzie and
portfolio should include more public offerings (IPOs). in Canada. investors in a structure that has very Northleaf are breaking down
complex assets that can help provide “As public markets have con- The fund provides exposure to attractive features,” Schnitman says. barriers for all Canadian investors
steady returns when traditional tracted, private markets have grown private loans to global mid-market These features include monthly and encouraging advisors and
markets decline. Alternatives provide immensely,” says Mr. Schnitman. private companies, as well as an purchases, limited quarterly investors to reconstruct their
valuable diversification as they “Recognizing this challenge, we’ve allocation to fixed-income exchange- redemptions and an accessible portfolios with new, innovative
tend not to move in tandem with developed innovative ways for traded funds (ETFs) to facilitate $5,000 investment minimum. solutions in a changing world.

           




    
      
      
Accessible Alternatives™ for all markets.

An investor should carefully consider whether their financial condition and investment goals are aligned with an investment in the Mackenzie Northleaf Private Credit Interval Fund
(the “fund”). This fund is a nonredeemable investment fund in continuous distribution that is structured as an “interval fund”. The fund will invest primarily in (i) illiquid private
credit instruments on an indirect basis through investments in the Northleaf Private Credit Funds and (ii) public securities and other debt instruments on an indirect basis through
investments in exchange traded funds. Due to the illiquid nature of private assets, the fund is subject to a “ramp-up” period that is expected to last many months meaning exposure to
public assets will be higher (and exposure to private assets will be lower) than indicated by any target allocation.
Interval funds differ from mutual funds in that investors do not have the right to redeem their units on a regular, frequent basis. The prospectus contains additional information
about the investment objectives and terms and conditions of an investment in the fund (including fees) and will also contain tax information and risk disclosures that are important
to any investment decision regarding the fund. An investment in the fund is suitable only for long-term investors who can bear the risks associated with the limited liquidity of the
units. An investment in the fund is not intended as a complete investment program. Investors should consult with their financial advisor to determine the suitability, and
appropriate allocation, of the fund for their portfolio. This document does not constitute legal, tax, investment or any other advice. Prospective investors should consult with their
own professional advisors regarding the financial, legal and tax consequences of any investment. The fund is only available through IIROC-licensed dealers/advisors.
Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments. Please read the prospectus before investing. Investment
funds are not guaranteed, their values change frequently and past performance may not be repeated. The content of this piece (including facts, views, opinions, recommendations,
descriptions of or references to, products or securities) is not to be used or construed as investment advice, as an offer to sell or the solicitation of an offer to buy, or an endorsement,
recommendation or sponsorship of any entity or security cited. Although we endeavour to ensure its accuracy and completeness, we assume no responsibility for any reliance upon it.
B8 | R E P O RT O N B U S I N ES S O T H E G LO B E A N D M A I L | T H U R S DAY , M A RC H 2 4 , 2 0 2 2

GLOBE INVESTOR
Mortgage rundown: Are home prices inflation-proof?
Real estate has made
automatic millionaires
of thousands of
Canadians. Inflation
could keep boosting
their net worth, for now

ROBERT
McLISTER

OPINION

I
nflation is doing a moonshot
and that can’t be good for
home prices. Or can it?
If you’re sitting on the edge of
your seat, wondering if your
windfall home equity will go up
in smoke, know this: Real estate
is a strong inflation hedge histor-
ically, and people believe that it
will continue to be. But there’s a Materials, wages, machinery, land and cost overruns are incentivizing builders to construct more expensive homes. But higher rates, worsening
“but.” consumer debt ratios and a weakening economy make competition and demand fiercest for lower-priced homes. FRED LUM/THE GLOBE AND MAIL
Let’s break it all down.
Lowest nationally available mortgage rates ment has proposed everything ble but if you want to gauge the
from banning foreign buyers, to health of the market, keep an eye
WHAT’S GOOD FOR HOME PRICES?
TERM UNINSURED PROVIDER INSURED PROVIDER vacant home taxes, to house-flip- on housing inventory as mea-
The stagflation-stained 1970s 1-year fixed 2.69% RBC 2.59% True North ping taxes. Who knows what sured by the months of supply fig-
were a posterchild for inflation. 2-year fixed 2.94% HSBC 2.79% Radius Financial bearish ideas they’ll come up ure that the Canadian Real Estate
Canada’s consumer price in- 3-year fixed 3.14% Alterna Bank 2.99% True North with next. Association puts out. Until that
dex rocketed 109 per cent be- 4-year fixed 3.14% Alterna Bank 3.09% QuestMortgage key metric shoots up by more
tween the first oil embargo of Oc- 5-year fixed 3.19% HSBC 2.94% HSBC than a month, there is no correc-
tober, 1973, and September, 1981, THE VALUES MOST IN DANGER
10-year fixed 3.64% HSBC 3.64% Nesto tion.
the month mortgage rates set an 5-year variable 1.64% HSBC 1.24% HSBC If home prices eventually get That said, history is not the fu-
all-time record. 5-year hybrid 2.42% HSBC 2.84% Scotia eHOME hammered, it won’t happen ev- ture. Given real estate valuations
During that very same period, HELOC* 2.55% HSBC n/a n/a erywhere. Despite Toronto prices now resemble 1720 share values
home prices gave inflation the * Home equity line of credit crashing from 1989 to 1996, for ex- in the South Sea Company, we
bird and shot up 146 per cent. Source: Robert McLister; data as of March 23. ample, prices in most other re- may be in for a different outcome.
Now, think about that for a gions remained relatively stable. I sure wouldn’t run out and start
minute. In one of the most devas- ister of Immigration plans to ad- der 2 per cent are long gone and Cities with scarce inventory, flipping houses right now.
tating economic eras since the mit more than 1.3 million new won’t be back for years. People stable economies, positive net Real estate has made automat-
1800s, people took refuge in real permanent residents through now worry that everyone who migration, fast-rising rents and ic millionaires of hundreds of
estate. 2024, and they all need a roof. said rates could never go up a lot low vacancy could noticeably thousands of Canadians. Infla-
Stanford University research 4. Equity windfall: Soaring may be wrong. In March, 1988, the outperform. Halifax, Gatineau tion could keep boosting their
concludes that prices rose be- rates make qualifying for a mort- prime rate surged five percentage and the Niagara region are just a net worth, for now.
cause “the Great Inflation led to a gage tougher, but not if you can points in two years. If today’s few such examples. But, let’s talk again once surg-
portfolio shift … making housing bag a bigger down payment. Sky- Bank of Canada moved even half Home type matters, too. Mate- ing rates and unemployment
more attractive than [stocks].” rocketing home values have that much, as the market now rials, wages, machinery, land and break up the party. Buyers won’t
Whatever the case, real estate is a armed parents with gobs of equi- forecasts, it would slash people’s cost overruns are incentivizing be as vivacious 12 to 24 months.
scarce hard asset that’s proven it- ty. They’re all too willing to gift or home-buying power almost 20 builders to construct more ex- And if inflation does push prices
self when the cost of living spirals loan that equity to reduce their per cent. pensive homes. But higher rates, higher in the next 12 to 18
higher. It’ll likely prove itself kid’s mortgage balance. This will 2. Unemployment: It usually worsening consumer debt ratios months, the correction may be all
again. soften the rate blow to some de- takes a job to buy a home and re- and a weakening economy make the more unpleasant.
And despite all the bubble- gree. cessions don’t help with that. Fol- competition and demand fiercest
talk, which shouldn’t be dismis- 5. New-home building: If lowing Canada’s late 1980s rate for lower-priced homes, which
sed, there’s more that could sup- could also outperform. THE RATE PAIN CONTINUES
builders slow home construction increases, unemployment surged
port home values, including: as rates soar, like they did in the almost five points, coinciding Fixed mortgage rates continued
1. A refusal to list: Resale late 1970s, that, too, could limit with Toronto’s famous housing north this week, with the best
THE RABBIT HOLE
housing supply is at record lows, supply and support prices. So crash. With the rate hikes we’re five-year climbing another 25 ba-
OF PRICE FORECASTING
leaving homeowners too scared could the fact that building costs facing, a recession within 18 to 36 sis points. I’ll be a broken record
to list before they can secure a keep rising. That pulls up resale months is now a serious risk. If Canada’s housing agency can’t and say it again: If you need a
new home. Millions of Canadians prices, too, given they’re a new- 3. Weak-handed investors: consistently predict home prices, mortgage in the next four
would love to cash in on their eq- home substitute. Most smart rental property inves- I won’t pretend to. But the fact is, months and don’t have a rate
uity bonanza. The problem is, 6. Debt devaluation: As infla- tors invest primarily for cash flow. inflation has been bullish for hold already, get on that.
most people don’t want to down- tion soars, incomes rise. But most Looking back at history could home values, at least until high Rates in the accompanying
size or move far away. That ma- mortgage payments stay relative- make them nervous. Data from rates hurt mortgage qualifying chart are as of Wednesday from
jority are resigned to not sell at all ly fixed. So not only does your the Organization for Economic and joblessness soars. At that providers that advertise rates on-
unless they have to, and that mortgage balance drop, your rel- Co-operation and Development point, borrowing costs and un- line and lend in at least nine prov-
doesn’t help supply. ative debt expense drops, all show that average rents rose 54 employment become poison for inces. Insured rates apply to those
2. Employment momentum: while you build tax-free equity on per cent in the above-mentioned real estate. buying with less than a 20-per-
Canada’s labour market is on fire. your primary residence – a com- 1973 to 1981 period, for example. But, while nominal home pric- cent down payment, or those
More jobs and higher incomes pelling reason to hold for the long That’s about half as much as the es may keep rising this year, real switching a pre-existing insured
mean more homebuying de- run. cost of living. That and more cost- (i.e., inflation adjusted) home mortgage to a new lender. Unin-
mand. And free-spending politic- ly leverage aren’t great news for prices are a different story. sured rates apply to refinances
ians could continue fuelling job income-generating assets, a wor- They’ve typically flatlined or and purchases more than $1-mil-
growth. WHAT’S BAD FOR HOME PRICES trended lower for at least five lion and may include applicable
risome prospect for investors
3. Net migration: Statistics 1. Rate increases: Mortgage who’ve fuelled Canada’s sky- years following inflation spikes lender rate premiums. For provid-
Canada doesn’t have current net rates are still cheap versus infla- scraper-high valuations. that led to rate spikes. ers whose rates vary by province,
migration forecasts, but the Min- tion, but five-year fixed rates un- 4. Policy “fixes”: Our govern- Market timing is always a gam- their highest rate is shown.

With bond funds sinking, there are few places for an investor to hide
SCOTT BARLOW per cent for 2022 despite high tractive because rates are rising. less resource intensive for one – market leadership.
MARKET STRATEGIST levels of volatility. A new 10-year bond issue would but still found the relative re- There are some investors who
It’s important to note off the have an annual interest in the 2- turns instructive. were born in the 1940s and 1950s
top that investors in individual per-cent to 2.5-per-cent range, From 1969 to 1979, the S&P and have practical experience in

T
he fixed-income portion of bonds don’t lose money if they based on current conditions. 500 produced a mediocre aver- inflationary environments, but
a balanced portfolio is sup- hold them to maturity, unless Virtually all bond prices have age annual return of 1.6 per cent the vast majority of us have be-
posed to provide stability, the issuer defaults. They get fallen in the past year and this while, thanks to rising energy come accustomed to much dif-
but lately bond markets are not what’s on the label – interest pay- has pushed the net asset value of prices, the Canadian equity ferent conditions. Interest rates
holding up their end of the bar- ments and their principal back at bond funds lower. benchmark climbed 5.9 per cent have been falling, and bonds ral-
gain. the end. Bonds are down, stock mar- annually. U.S. equities trailed in- lying, since 1982. Banks and tech-
The largest domestic and di- The experience is different for kets are choppy and this is char- flation by a huge margin – the nology stocks have come to
versified bond exchange-traded holders of bond funds. In a rising acteristic of an inflationary in- S&P 500 lost a cumulative 40 per dominate the benchmark while
funds, the BMO Aggregate Bond interest rate environment, the vesting backdrop. There are few cent in value over the period, af- resources, until very recently,
Index ETF (ZAG) and the iShares value of bonds held in a fund places for an investor to hide. ter inflation adjustments. have declined in importance.
Core Canadian Universe Bond In- fluctuate from what is usually a In a recent research report, Commodities were the clear I’m not entirely convinced
dex ETF (XBB), are both down 8 $100 face value. For instance, the Scotia Capital strategist Hugo winner in the seventies. The we’re set for another decade of
per cent year-to-date. Even the Government of Canada bond is- Ste-Marie detailed the asset class Bloomberg Commodity Index inflation, but as long as this era
more conservative iShares Core sued last year at a $100 price, ma- performance during the infla- leapt 764 per cent for the decade, of rising rates last, investors in
Canadian Short Term Bond In- turing in 2031 and paying 1.5-per- tionary 1970s. Mr. Ste-Marie first an average annual return of 24.1 both bonds and equities are like-
dex ETF (XSB) has dropped 2.8 cent annual interest, is trading noted a number of differences per cent. Domestically, energy, ly to be frequently surprised and
per cent. Meanwhile, the S&P/ Wednesday at $92.50. The 1.5-per- between then and now – devel- gold and economically sensitive uncomfortable with their portfo-
TSX Composite Index is up 4.6 cent coupon payment is less at- oped world growth today is far industrial stocks formed the lios.

Capital Preservation
Superior Yield
Consistent Performance

Mortgage Investment Fund 800.494.0389


romspen.com
T H U R S DAY, M A RC H 2 4 , 2 0 2 2 | T H E G LO B E A N D M A I L O R E P O RT O N B U S I N ES S | B9

Can a hot stock get hotter? Markets summary

The bullish case for Nutrien


CANADIAN STOCKS
Canada’s main stock index fell after hitting a record high in
the previous session as weakness in the technology and
financial sectors countered gains in commodity-linked
shares.
Blistering rally for Composite Index. push global buyers to shy away The Toronto Stock Exchange’s S&P/TSX Composite Index
The gains come as Western from Eastern Europe and em- ended down 0.64 per cent, at 21,932.18, its first lower close
potash producer could sanctions against Russia have dri- brace more stable North Ameri- since March 14.
continue even if there’s ven skyward a huge array of com- can producers, suggesting that ex- The index climbed to fresh record highs in recent days as
a resolution to Russia’s modity prices, from crude oil and ports from Belarus and Russia will investors placed bets on beaten-down technology stocks,
natural gas to wheat and copper. remain diminished regardless of while higher metal and oil prices boosted commodity-linked
invasion of Ukraine Russia and Belarus, which is al- whether the war ends. sectors.
so subject to sanctions, together Can Nutrien fill the gap? The The technology group fell 2.3 per cent, tracking weakness
control about 40 per cent of the company announced last week in the U.S. tech-heavy Nasdaq index, while financials ended
DAVID global supply of potash, Nutrien’s that it will increase its potash pro- nearly 2 per cent lower.
BERMAN mainstay. Uncertainty over ex- duction by nearly one million The energy sector advanced 1.9 per cent to notch a two-
ports from these two countries tonnes in the second half of the week high as disruptions to Russian and Kazakh crude ex-
OPINION has driven global fertilizer prices, year, bringing output to a total of ports via the Caspian Pipeline Consortium pipeline added to
in some cases to record highs. 15 million tonnes. worries over tight global supplies.
The decision to stick with a hot But analysts said that the in-
INSIDE THE MARKET stock comes with risks, of course. crease can’t make up for the 13
U.S. STOCKS
In particular, Western fertilizer million tonnes at risk from cur-
U.S. stocks ended sharply lower as Western leaders began

M
any analysts are con- producers can increase produc- tailed exports from Russia and Be-
vinced that the blistering tion and a resolution to the war in larus, even if some of this potash gathering in Brussels to plan more measures to press Russia
rally in the share price of Ukraine could relax sanctions, makes its way to India or China. to halt its conflict in Ukraine and oil prices jumped.
Saskatoon-based Nutrien Ltd., potentially easing supply con- “The scale of these potential Responding to Western sanctions that have hit Russia’s
the world’s largest potash pro- cerns and pushing down fertilizer losses is almost unfathomable, in economy hard, President Vladimir Putin said Moscow will
ducer, has further to run – even if prices. our view, with little-to-no ability seek payment in rubles for natural gas sales from “unfriend-
there is a resolution to Russia’s in- to backfill this cavernous gap,” ly” countries, while its forces bombed areas of the Ukrainian
vasion of Ukraine. Steve Hansen, an analyst at Ray- capital Kyiv a month into their assault.
Jacob Bout, at CIBC World Mar- Russia and Belarus, mond James, said in a note last Oil prices jumped 5 per cent to more than US$121 a barrel,
kets, is the latest analyst to ratchet week. and U.S. natural gas futures edged up to a seven-week high.
up his enthusiasm for the stock. which is also subject Strong demand for fertilizer While higher oil prices benefit energy shares, they are nega-
He raised his target price (or to sanctions, together should also support Nutrien’s tive for consumers and many businesses. The S&P 500 energy
where he sees the stock trading control about share price. sector rose along with utilities.
within 12 months) by 35 per cent 40 per cent of the Robust crop prices give farmers Among the day’s biggest drags, Adobe’s stock slid after the
this week, to US$120, which lines an incentive to use fertilizer to in- Photoshop maker late Tuesday forecast downbeat second-
up with targets from analysts at global supply of potash, crease yields – and crop prices are quarter revenue and profit and sees an impact on fiscal 2022
RBC Dominion Securities and Nutrien’s mainstay. soaring. U.S. corn futures are near revenue because of the Russia-Ukraine crisis.
BMO Capital Markets. 10-year highs and wheat futures The S&P 500 lost 1.21 per cent, while the Nasdaq Composite
The rationale: The typical But analysts expect that these have risen more than 40 per cent lost 1.32 per cent. The Dow Jones Industrial Average fell 1.30
threats to commodity rallies – risks aren’t enough to hold back since the start of February. per cent.
supply rises as producers ramp up Nutrien’s share price, even over In some parts of the world,
output, and demand falls as con- the longer term, for a number of such as Brazil, higher fertilizer
FOREX AND BONDS
sumers recoil from soaring prices reasons. prices are pushing farmers to cut
– will not hurt the fundamentally For one, the supply of fertilizer back on use. However, Ben Isaac- The Canadian dollar was little changed against the green-
bullish underpinnings for the fer- will likely remain diminished son, an analyst at Bank of Nova back, with the currency holding near a two-month high as
tilizer market. regardless of the geopolitical Scotia, noted this week that Nutri- recent dialling back of financial market volatility led to in-
“North American producers backdrop. en’s chief executive officer has vestors focusing more on the upswing in commodity prices.
should benefit from strong pric- Belarus lost access to Lithua- seen no so-called demand de- The U.S. dollar climbed while the euro weakened as oil
ing, while incrementally ramping nian ports on Feb. 1 – weeks before struction yet. prices shot higher again with U.S. President Joe Biden poised
up production levels to the extent Russia invaded Ukraine – ham- And Mr. Bout said that profits to announce, alongside European leaders, new sanctions
possible,” Mr. Bout said in a note. pering the landlocked country’s generated by North American fer- against Russia during his trip to Europe.
It’s a persuasive take for any- ability to export 90 per cent of its tilizer producers get a bigger lift Canadian government bond yields eased across a flatter
one who missed the rally in fertil- potash. Access to the ports is un- from higher prices than from curve, tracking the move in U.S. Treasuries. The 10-year rate
izer stocks or is wondering wheth- likely to be reinstated if Russia greater sales volume. fell 7.9 basis points to 2.340 per cent, after earlier touching its
er the impressive gains will hold, calls off its invasion, given that In any case, he added, supply highest intraday level since November, 2018, at 2.443 per cent.
given the volatile nature of most sanctions against Belarus relate to lost from Eastern Europe pro- A sharp sell-off in U.S. Treasuries eased as the market tries
commodities. its crackdown on protesters fol- ducers is more important than to come to grips with how the Federal Reserve might address
Nutrien’s share price has lowing a disputed presidential volume lost to demand destruc- rising inflation without hiking interest rates at such a clip it
soared 38 per cent over the past election last year. tion. That, he believes, makes spins the economy into recession.
month, making it one of the top What’s more, Mr. Bout expects Nutrien look like a solid bet in an
performers within the S&P/TSX that the geopolitical turmoil will uncertain world. REUTERS

Strategy focuses on growth among beaten-down stocks


IAN TAM Canadian-listed stocks
WHAT WE FOUND
5Y 5Y 3M I used Morningstar CPMS to back-
MKT. CAP. YTD PRICE 5Y AVG. EPS GRTH. CF GRTH. EPS EST. DIV. 12M TTL. RECENT
NUMBER CRUNCHER RANK COMPANY TICKER ($ MIL.) CHG. (%) ROE (%) RATE (%) RATE (%) REV. (%) YLD. (%) RTN. (%) CLOSE ($) test the strategy from April, 1995,
1 Canfor Corp. CFP-T 3,602.8 -9.7 24.8 101.0 72.2 104.6 n/a 8.0 28.94 to February, 2022, assuming an
CFA, is director of investment 2 Goeasy Ltd. GSY-T 2,272.7 -21.7 24.0 50.6 61.7 0.9 2.6 16.5 140.30 equally weighted 15-stock portfo-
research for Morningstar Canada 3 BRP Inc.* DOO-T 3,604.7 -16.7 35,647.6 49.1 36.2 0.2 0.6 -10.2 92.31 lio with no more than four stocks
4 Westaim Corp. WED-X 315.3 -11.6 1.7 65.5 37.0 0.0 n/a -17.5 2.21 per economic sector. Once a
5 Colliers Int'l Group CIGI-T 7,192.4 -11.1 44.3 16.2 8.9 14.2 0.2 31.9 167.53 month, stocks were sold if they
WHAT ARE WE LOOKING FOR? fell below the top 35 per cent of
6 FirstService Corp. FSV-T 7,983.8 -27.3 36.3 21.6 13.4 2.4 0.6 -4.3 180.66
Canadian stocks with year-to- 7 TerraVest Industries TVK-T 446.8 -9.3 19.2 33.4 25.1 0.0 1.6 43.8 24.92 the index based on the above
date price declines that have 8 AutoCanada Inc. ACQ-T 868.8 -23.8 9.3 41.5 11.7 14.8 n/a 10.6 32.53 metrics, or if estimate revisions
shown growth characteristics. 9 Leon's Furniture LNF-T 1,492.1 -12.7 14.2 21.8 24.8 14.5 3.0 2.3 21.69 fell by more than 15 per cent.
10 Stantec Inc. STN-T 7,121.6 -10.0 12.1 9.0 35.3 4.0 1.1 21.1 63.93 When sold, stocks were re-
11 Brookfield Business BBU-UN-T 5,296.4 -9.9 3.5 3.4 55.6 0.0 0.6 5.1 34.88 placed with next qualifying stock
THE SCREEN
12 Sleep Country Cda. ZZZ-T 1,127.0 -18.7 21.4 9.9 22.5 2.5 2.6 -2.8 30.53 not already held in the portfolio,
It’s been a choppy few weeks for 13 Open Text Corp. OTEX-T 14,863.8 -8.7 19.6 12.0 9.2 0.3 2.1 -9.4 54.81 considering the aforementioned
Canadian equity markets. 14 CGI Inc. GIB-A-T 22,233.9 -8.4 18.7 9.8 9.6 1.5 n/a -0.9 102.50 sector limits. On this basis, the
Though the S&P/TSX Composite * BRP Inc. shows exhorbitantly high ROE owing to the very low or negative book value of equity. This extreme value was accounted for in strategy produced an annualized
is higher than it was since the the ranking process. total return of 13.1 per cent, while
start of the year, the path to get Source: Morningstar CPMS; data as of March 22 the S&P/TSX Composite Total Re-
here was far from smooth. Today, turn Index advanced 8.8 per cent.
we seek Canadian-listed compa- year-to-date price change worse higher figures preferred); comparing the current Street esti- Only 14 stocks meet require-
nies that, for whatever reason, ap- than minus 7.7 per cent (a figure five-year earnings per share mate on earnings with what it ments to be purchased into the
pear beaten down in terms of meant to find stocks that have and cash flow growth rates (both was at month-end three months strategy today and they are listed
price action, but continue to ex- underperformed the top two- growth metrics, measuring how ago, higher figures preferred). in the table.
hibit positive, long-term earnings thirds of Canadian-listed compa- much bottom line earnings and Only stocks with a market cap- This article does not constitute
and cash flow growth. nies on a year-to-date basis). I operating cash flows have grown italization greater than $170-mil- financial advice. Investors are
To find these companies, I then ranked these companies on annually, on average, over the lion were considered, a figure encouraged to conduct their own
used Morningstar CPMS to screen the following factors: past five years); meant to exclude the bottom independent research before pur-
the 704 companies in our Cana- Five-year average return on three-month EPS estimate re- one-third of stocks by size in our chasing any of the investments
dian database that have shown a equity (a profitability metric, vision (a sentiment indicator database. listed here.

EYE ON EQUITIES DAVID LEEDER

STELCO HOLDINGS (STLC-TSX) CORUS ENTERTAINMENT (CJR.B-TSX) DOLLARAMA (DOL-TSX) E AUTOMOTIVE (EINC-TSX) JOURNEY ENERGY (JOY-TSX)
CLOSE $52.82, UP $1.26 CLOSE $4.97, DOWN 11¢ CLOSE $68.71, DOWN 19¢ CLOSE $12.75, DOWN 74¢ CLOSE $5.20, UP 26¢

Despite increasing his steel price Seeing “muted” advertising trac- Canaccord Genuity’ analyst De- While E Automotive Inc. topped Acumen Capital analyst Trevor
forecast for 2022, RBC Dominion tion and higher-than-anticipated rek Dley expects Dollarama Inc. his revenue expectation for the Reynolds resumed coverage of
Securities analyst Alexander Jack- costs, National Bank Financial to benefit from “strong” holiday fourth quarter of its 2021 fiscal Journey Energy Inc. with a “spec-
son downgraded Stelco Holdings analyst Adam Shine thinks the season sales, delivering “solid” year, Canaccord Genuity analyst ulative buy” rating after the close
Inc. to a “sector perform” recom- Street’s expectations for Corus fourth-quarter financial results. Aravinda Galappatthige warned of its $12.1-million financing, see-
mendation from “outperform,” Entertainment Inc.’s second- “We believe the softer near-term supply chain challenges and ing it “well positioned at current
citing a recent run-up in its share quarter results are “looking high.” outlook, particularly as it relates related inventory issues are likely commodity prices to meaningful-
price and the expectations for a Previewing the April 8 release, he to margin growth, is likely to to persist well into late 2022 after ly reduce leverage while growing
“more balanced” market exiting predicted the company’s televi- leave the stock range-bound over previously expecting normal- production this year.”
the year. “The shares are relative- sion segment is “likely to disap- the coming quarters,” he noted. ization by the second half of the Target: His target for Journey
ly fairly valued in our view,” he point,” given the current market Target: Mr. Dley raised his target year. shares rose to $5.75 from $3.75,
added. backdrop. to $65 from $57 with a “hold” Target: Citing “the broader mar- above the $4.17 consensus.
Target: Mr. Jackson raised his tar- Target: Keeping an “outperform” recommendation. Consensus is ket selloff over the past few
get to $60 from $51. That exceeds rating for Corus shares, Mr. Shine $67.69. months,” he cut his target to $20
the $54.64 consensus on the reduced his target by $1.50 to from $28, maintaining a “buy”
Street. $6.50. Consensus is $8.06. recommendation. Consensus is
$25.84.
B10 MARKETS O T H E G LO B E A N D M A I L | T H U R S DAY , M A RC H 2 4 , 2 0 2 2

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

21932.18 | -142.17 | -0.64 % | 3.34 % YTD |280579 VOL(000) 4456.24 | -55.37 | -1.23 % | -6.50 % YTD 2184940 34358.50 | -448.96 | -1.29 % | -5.45 % YTD | 349592 VOL(000) 3032.25 | -17.24 | -0.57 % | -4.19 % 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 21932.18 -142.17 -0.64 280579 3.34 TRP TC ENERGY COR 70.72 0.35 0.50 14964 20.21 ARX ARC RESOURCES 16.67 0.41 2.52 5244 44.96 KEL KELT EXPLORAT 6.94 0.12 1.76 834 43.98
TSX 60 INDEX 1325.82 -10.94 -0.82 139278 3.02 SU SUNCOR ENERGY 41.41 0.65 1.59 13232 30.84 RBN-UN BLUE RIBBO 8.52 -0.06 -0.70 6 -1.84 MDI MAJOR DRILLIN 12.21 0.20 1.67 283 47.82
TSX COMPLETION IN 1275.22 0.78 0.06 141300 4.63 TD TORONTO-DOMINI 101.06 -1.85 -1.80 9165 4.21 BAM-PF-I BROOKFIE 26.45 0.11 0.42 4 4.79 MRD MELCOR DEV 17.11 0.12 0.71 15 20.15
TSX SMALLCAP INDE 841.57 3.88 0.46 77189 8.72 CVE CENOVUS ENERG 20.30 0.24 1.20 8487 30.88 CNQ CDN NATURAL R 79.47 1.86 2.40 6168 48.68 MX METHANEX CORP 70.65 0.91 1.30 253 41.19
TSX VENTURE COMPO 876.20 4.52 0.52 61752 -6.71 ENB ENBRIDGE INC 56.62 -0.18 -0.32 7073 14.59 CCO CAMECO CORP 36.50 -0.18 -0.49 2078 32.34 NIF-UN NORANDA IN 1.52 0.06 4.11 39 13.43
TSX CONSUMER DISC 246.82 -4.12 -1.64 3631 -9.83 BTE BAYTEX ENERGY 5.77 0.14 2.49 6743 47.57 CNR CANADIAN NATI 167.64 0.04 0.02 1084 7.89 NTR NUTRIEN LTD 132.49 1.16 0.88 1616 39.35
TSX CONSUMER STAP 776.04 -3.17 -0.41 3872 1.70 CNQ CANADIAN NATU 79.47 1.86 2.40 6168 48.68 EIT-UN CANOE EIT 13.98 0.06 0.43 268 5.51 OVV OVINTIV INC 65.89 2.49 3.93 486 54.82
TSX ENERGY CAPPED 223.99 4.17 1.90 72836 36.75 CM CANADIAN IMPER 159.08 -5.02 -3.06 5876 7.89 CHW CHESSWOOD GR 14.75 0.23 1.58 8 2.50 POU PARAMOUNT RES 30.57 0.40 1.33 436 24.32
TSX FINANCIALS CA 413.13 -8.30 -1.97 46982 2.48 BBD-B BOMBARDIER 1.48 -0.04 -2.63 5876 -11.90 CRWN CROWN CAPITA 7.84 0.33 4.39 1 4.53 PRQ PETRUS RESOUR 2.00 0.25 14.29 677 127.27
TSX HEALTH CARE C 39.97 -0.31 -0.77 10638 -13.03 BNS BANK OF NOVA 90.94 -2.79 -2.98 5695 1.55 CXI CURRENCY EXCH 17.45 0.25 1.45 5 29.26 PNE PINE CLIFF EN 1.05 0.04 3.96 956 54.41
TSX INDUSTRIALS C 391.20 -1.31 -0.33 18430 2.70 CPG CRESCENT POIN 9.40 0.18 1.95 5331 39.26 DIV DIVERSIFIED R 3.30 0.20 6.45 1333 17.02 PD PRECISION DRIL 86.65 2.95 3.52 73 93.89
TSX INFORMATION T 172.05 -4.01 -2.28 12271 -18.94 ARX ARC RESOURCES 16.67 0.41 2.52 5244 44.96 DFN DIVIDEND 15 S 8.57 -0.01 -0.12 188 7.12 SGR-U SLATE GROCE 13.18 -0.15 -1.13 2 15.61
TSX MATERIALS CAP 398.37 5.34 1.36 48942 21.34 HOD BETAPRO CRUDE 2.57 -0.29 -10.14 4983 -67.43 ETG ENTREE RESOUR 1.13 0.01 0.89 32 39.51 SLR SOLITARIO ZIN 1.17 -0.02 -1.68 43 82.81
TSX REAL ESTATE C 381.07 -4.49 -1.16 7748 -4.10 ATH ATHABASCA OIL 2.26 0.04 1.80 4869 89.92 TECE EVOLVE ENHAN 10.30 0.39 3.94 N-A 5.64 SII SPROTT INC 62.01 2.46 4.13 62 8.64
TSX GLOBAL GOLD I 353.62 8.05 2.33 72409 21.11 WCP WHITECAP RESO 10.43 0.31 3.06 4738 39.25 FFH-PR-J FAIRFAX 21.40 -0.10 -0.47 5 6.73 STLC STELCO HOLDI 52.82 1.26 2.44 266 28.14
TSX GLOBAL MINING 126.44 2.16 1.74 169579 21.65 BMO BANK OF MONTR 148.01 -5.71 -3.71 4568 8.68 FIL FILO MINING C 18.95 0.58 3.16 337 48.39 STEP STEP ENERGY 2.74 0.18 7.03 282 70.19
TSX INCOME TRUST 268.68 -2.01 -0.74 7923 1.87 MFC MANULIFE FIN 26.14 -0.20 -0.76 4251 8.42 GMX GLOBEX MINING 1.48 0.00 0.00 92 34.55 TOU TOURMALINE OI 53.88 1.07 2.03 1237 31.93
TSX PREFERRED SHA 678.39 1.21 0.18 2203 -3.18 TVE TAMARACK VALL 5.26 0.06 1.15 3816 36.62 IFC-PR-K INTACT F 25.25 0.18 0.72 67 0.68 TCN TRICON CAPITA 20.79 -0.53 -2.49 786 7.39
TSX COMMUNICATION 205.58 -1.11 -0.54 10520 5.35 BTO B2GOLD CORP 5.80 0.21 3.76 3784 16.47 IPCO INTERNATIONA 11.46 0.55 5.04 143 62.09 TRQ TURQUOISE HIL 37.30 0.50 1.36 402 79.33
TSX UTILITIES CAP 347.99 -0.70 -0.20 12094 1.35 ABX BARRICK GOLD 30.87 0.44 1.45 3664 28.36 JFS-UN JFT STRATE 23.16 0.09 0.39 N-A 9.87 WCP WHITECAP RESO 10.43 0.31 3.06 4738 39.25

TSX GAINERS TSX LOSERS TSX 52-WEEK LOWS


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

CLOSE NET % VOL YTD CLOSE NET % VOL YTD CLOSE NET % VOL YTD CLOSE NET % VOL YTD
CHG CHG 000S %CHG CHG CHG 000S %CHG CHG CHG 000S %CHG CHG CHG 000S %CHG
MOGO MOGO INC 3.62 0.54 17.53 1580 -16.01 NPF-U NEXTPOINT F 1.90 -1.10 -36.67 22 -62.75 FAP ABERDEEN ASIA 2.80 -0.06 -2.10 140 -8.50 PMB-UN PICTON MAH 7.71 0.00 0.00 N-A -0.52
PRQ PETRUS RESOUR 2.00 0.25 14.29 677 127.27 CARE DIALOGUE HEA 5.30 -0.70 -11.67 270 -27.30 BAM-PF-D BROOKFIE 23.34 0.15 0.65 53 -7.75 PIX-UN PIMCO MULT 9.93 0.18 1.85 2 1.33
XTG XTRA GOLD RES 1.13 0.13 13.00 3 15.31 HOD BETAPRO CRUDE 2.57 -0.29 -10.14 4983 -67.43 CU-PR-J CANADIAN 24.00 0.16 0.67 88 -5.66 PWF-PR-Z POWER FI 25.11 0.10 0.40 2 -7.00
BYD BOYD GROUP SE 166.01 18.41 12.47 277 -16.84 GRID TANTALUS SYS 1.35 -0.15 -10.00 7 -27.03 CCS-PR-C CO-OPERA 24.75 -0.07 -0.28 4 -2.29 GRID TANTALUS SYS 1.35 -0.15 -10.00 7 -27.03
CKI CLARKE INC 11.65 1.10 10.43 20 12.89 VLNS THE VALENS C 2.89 -0.27 -8.54 246 -7.07 EMA-PR-E EMERA IN 22.85 -0.15 -0.65 1 -8.42 TSAT TELESAT CORP 22.15 -1.41 -5.98 4 -38.40
HOU BETAPRO CRUDE 29.28 2.62 9.83 1305 128.93 MRV NUVO PHARMACE 1.41 -0.13 -8.44 5 -2.08 FTN-PR-A FINANCIA 10.33 -0.23 -2.18 792 -1.81 TH THERATECHNOLOG 3.05 -0.03 -0.97 150 -20.16
KRN KARNALYTE RES 1.03 0.08 8.42 157 151.22 EAGR LEAF MOBILE 2.62 -0.23 -8.07 30 -26.40 GWO-PR-H GREAT-WE 23.61 0.09 0.38 1 -6.57 VBNK VERSABANK 13.50 -0.35 -2.53 2 -10.12
CXB CALIBRE MININ 1.64 0.12 7.89 2051 22.39 ARIS ARIS GOLD CO 1.75 -0.15 -7.89 336 15.89 GTMS GREENBROOK T 3.64 -0.15 -3.96 12 -32.47 WBR WATERLOO BREW 4.89 -0.08 -1.61 54 -15.83
RBY RUBELLITE ENE 4.04 0.29 7.73 175 80.36 APY ANGLO PACIFIC 2.76 -0.23 -7.69 3 15.48 NPF-U NEXTPOINT F 1.90 -1.10 -36.67 22 -62.75
GTE GRAN TIERRA E 2.10 0.15 7.69 2891 118.75 TCS TECSYS INC J 32.67 -2.26 -6.47 29 -37.90
ESGY-F BMO MSCI U 34.87 2.47 7.62 4 -6.74 TSAT TELESAT CORP 22.15 -1.41 -5.98 4 -38.40
EDGE-U EVOLVE INN 20.00 1.40 7.53 1 -11.50 ADW-B ANDREW PELL 9.32 -0.57 -5.76 N-A -14.89
TCW TRICAN WELL 3.51 0.24 7.34 1290 26.71 NVEI NUVEI CORP 88.64 -5.39 -5.73 620 8.10
STEP STEP ENERGY 2.74 0.18 7.03 282 70.19 EINC E AUTOMOTIVE 12.75 -0.74 -5.49 23 -29.83
TV TREVALI MINING 1.53 0.10 6.99 418 -11.05 CFX CANFOR PULP P 5.44 -0.31 -5.39 39 -18.68
NPK VERDE AGRITEC 8.97 0.57 6.79 348 220.36 GDL GOODFELLOW IN 12.31 -0.70 -5.38 6 28.90
FCGB-U FIDELITY G 19.82 1.25 6.73 45 1.38 CARB HORIZONS CAR 8.53 -0.46 -5.12 6 -14.96
GIQU-B GUARDIAN I 22.38 1.40 6.67 5 -13.89 NBLY NEIGHBOURLY 31.30 -1.65 -5.01 67 -21.63
ASTL ALGOMA STEEL 15.20 0.94 6.59 184 11.93 YCM COMMERCE SPLI 5.79 -0.30 -4.93 4 13.09
CPH CIPHER PHARMA 2.45 0.15 6.52 22 38.42 SXI SYNEX INTL J 2.97 -0.15 -4.81 3 2.41

S&P/TSX COMPOSITE INDEX STOCKS


LARGEST STOCKS BY MARKET CAPITALIZATION

CLOSE NET % VOL YTD CLOSE NET % VOL YTD CLOSE NET % VOL YTD CLOSE NET % VOL YTD
CHG CHG 000S %CHG CHG CHG 000S %CHG CHG CHG 000S %CHG CHG CHG 000S %CHG
AAV ADVANTAGE OIL 8.03 0.19 2.42 862 8.37 CCA COGECO COMMUN 103.02 -0.34 -0.33 54 2.27 ITP INTERTAPE POL 39.47 0.02 0.05 559 49.96 REI-UN RIOCAN REA 25.66 -0.26 -1.00 614 11.86
ARE AECON GROUP I 16.52 -0.45 -2.65 486 -2.13 CIGI COLLIERS INT 163.66 -3.87 -2.31 93 -13.12 IVN IVANHOE MINES 11.74 0.23 2.00 1490 13.76 RBA RITCHIE BROS 73.97 -0.38 -0.51 93 -4.44
AEM AGNICO EAGLE 78.67 1.67 2.17 1797 17.09 CSU CONSTELLATION 2163.60 -28.64 -1.31 33 -7.81 RCI-B ROGERS COMM 66.71 -0.63 -0.94 1590 10.76
AC AIR CANADA 23.75 -0.61 -2.50 3077 12.40 CTS CONVERGE TECH 10.25 -0.41 -3.85 661 -5.70 JWEL JAMIESON WEL 35.36 -0.87 -2.40 32 -11.91 RY ROYAL BANK OF 140.39 -2.57 -1.80 2567 4.57
AGI ALAMOS GOLD I 10.56 0.20 1.93 622 8.53 CJR-B CORUS ENTER 4.97 -0.11 -2.17 1739 4.41 RUS RUSSEL METALS 33.46 -0.44 -1.30 201 -0.51
AQN ALGONQUIN POW 19.06 -0.03 -0.16 2547 4.32 CPG CRESCENT POIN 9.40 0.18 1.95 5331 39.26 KNT K92 MINING IN 8.41 0.23 2.81 440 16.97
ATD ALIMENTATION 52.37 -0.42 -0.80 1419 -1.19 CRR-UN CROMBIE RE 18.78 -0.09 -0.48 133 0.86 KEY KEYERA CORP 30.98 0.20 0.65 849 8.59 SSL SANDSTORM GOL 10.28 0.23 2.29 210 30.96
AP-UN ALLIED PROP 46.77 -1.01 -2.11 275 6.42 CRON CRONOS GROUP 4.58 -0.03 -0.65 347 -8.03 KMP-UN KILLAM APA 21.93 -0.24 -1.08 281 -7.04 SAP SAPUTO INC 30.50 -0.13 -0.42 428 7.02
ALA ALTAGAS LTD 27.82 -0.33 -1.17 989 1.87 KXS KINAXIS INC 167.10 -2.98 -1.75 83 -5.77 SEA SEABRIDGE GOL 24.60 0.52 2.16 144 17.70
AIF ALTUS GROUP L 48.31 -0.04 -0.08 44 -31.93 DML DENISON MINES 2.13 -0.03 -1.39 3135 22.41 K KINROSS GOLD CO 7.13 0.05 0.71 3451 -2.86 SES SECURE ENERGY 5.40 0.01 0.19 758 2.66
ARX ARC RESOURCES 16.67 0.41 2.52 5244 44.96 DSG DESCARTES SYS 96.52 -2.45 -2.48 220 -7.74 SJR-B SHAW COMMUN 38.50 0.04 0.10 2550 0.29
ATZ ARITZIA INC 49.27 -0.72 -1.44 206 -5.88 DCBO DOCEBO INC 62.17 -1.02 -1.61 74 -26.75 LIF LABRADOR IRON 42.08 0.43 1.03 994 12.12 SHOP SHOPIFY INC 884.38 -28.12 -3.08 495 -49.22
AX-UN ARTIS REAL 13.28 -0.07 -0.52 263 11.22 DOL DOLLARAMA INC 68.71 -0.19 -0.28 437 8.53 LB LAURENTIAN BAN 43.22 -0.96 -2.17 786 7.59 SIA SIENNA SENIOR 15.31 -0.14 -0.91 617 1.86
ACO-X ATCO LTD CL 42.09 0.01 0.02 272 -1.43 DIR-UN DREAM INDU 16.25 -0.24 -1.46 754 -5.63 LWRK LIFEWORKS IN 20.61 -0.14 -0.67 91 -19.27 SVM SILVERCORP ME 4.94 0.05 1.02 344 4.44
ATA ATS AUTOMATIO 43.30 -0.03 -0.07 79 -13.81 D-UN DREAM OFFICE 29.01 -0.20 -0.68 127 17.78 LSPD LIGHTSPEED C 38.38 -1.48 -3.71 1774 -24.86 SIL SILVERCREST M 11.80 0.06 0.51 300 18.00
ACB AURORA CANNAB 4.58 -0.05 -1.08 2275 -33.14 DPM DUNDEE PRECIO 7.87 0.18 2.34 719 0.64 LNR LINAMAR CORP 56.37 -1.37 -2.37 207 -24.77 ZZZ SLEEP COUNTRY 30.58 0.05 0.16 84 -18.52
DND DYE & DURHAM 29.64 0.05 0.17 326 -33.96 LEV LION ELECTRIC 10.86 -0.16 -1.45 277 -13.12 SRU-UN SMARTCENTR 33.05 -0.29 -0.87 213 2.67
BTO B2GOLD CORP 5.80 0.21 3.76 3784 16.47 LAC LITHIUM AMERI 40.51 -0.04 -0.10 1049 10.02 SNC SNC-LAVALIN S 30.00 -0.76 -2.47 503 -2.94
BCE BCE INC 67.64 -0.17 -0.25 1461 2.78 ECN ECN CAPITAL C 6.64 -0.06 -0.90 247 24.34 L LOBLAW CO 110.44 0.35 0.32 716 6.56 TOY SPIN MASTER C 45.74 -0.11 -0.24 29 -4.59
BDGI BADGER INFRA 29.18 1.32 4.74 96 -8.21 ELD ELDORADO GOLD 14.50 0.38 2.69 560 22.26 LUN LUNDIN MINING 12.78 0.27 2.16 1830 29.35 SII SPROTT INC 62.01 2.46 4.13 62 8.64
BLDP BALLARD POWE 15.22 0.41 2.77 1324 -4.22 EFN ELEMENT FLEET 12.02 -0.13 -1.07 577 -6.68 SSRM SSR MINING I 27.27 0.52 1.94 366 21.80
BMO BANK OF MONTR 148.01 -5.71 -3.71 4568 8.68 EMA EMERA INCORPO 60.28 0.03 0.05 877 -4.65 MAG MAG SILVER CO 21.38 0.57 2.74 168 7.82 STN STANTEC INC 63.70 -0.23 -0.36 303 -10.37
BNS BANK OF NOVA 90.94 -2.79 -2.98 5695 1.55 EMP-A EMPIRE COMP 43.25 -0.23 -0.53 169 12.22 MG MAGNA INTERNAT 79.32 -1.40 -1.73 838 -22.50 STLC STELCO HOLDI 52.82 1.26 2.44 266 28.14
ABX BARRICK GOLD 30.87 0.44 1.45 3664 28.36 ENB ENBRIDGE INC 56.62 -0.18 -0.32 7073 14.59 MFC MANULIFE FIN 26.14 -0.20 -0.76 4251 8.42 SJ STELLA JONES I 38.98 -0.12 -0.31 294 -2.57
BHC BAUSCH HEALTH 29.64 -0.60 -1.98 878 -15.17 EDR ENDEAVOUR SIL 6.23 0.14 2.30 466 16.45 MFI MAPLE LEAF FO 29.70 -0.51 -1.69 103 1.50 SMU-UN SUMMIT IND 23.05 -0.12 -0.52 637 -1.91
BTE BAYTEX ENERGY 5.77 0.14 2.49 6743 47.57 EFR ENERGY FUELS 12.43 -0.33 -2.59 679 28.67 MRE MARTINREA INT 9.12 -0.06 -0.65 192 -20.70 SLF SUN LIFE FINA 70.03 -0.61 -0.86 1063 -0.54
BIR BIRCHCLIFF EN 7.43 0.11 1.50 2103 15.02 ERF ENERPLUS CORP 16.52 0.39 2.42 1957 23.84 MEG MEG ENERGY CO 18.65 0.10 0.54 2114 59.40 SU SUNCOR ENERGY 41.41 0.65 1.59 13232 30.84
BB BLACKBERRY LTD 9.50 0.10 1.06 3355 -19.63 ENGH ENGHOUSE SYS 39.83 -0.65 -1.61 99 -17.76 MX METHANEX CORP 70.65 0.91 1.30 253 41.19 SPB SUPERIOR PLUS 11.87 0.14 1.19 665 -8.69
BEI-UN BOARDWALK 57.60 -1.13 -1.92 139 5.05 EQX EQUINOX GOLD 10.72 0.37 3.57 809 25.23 MRU METRO INC 69.22 -0.18 -0.26 450 2.82
BBD-B BOMBARDIER 1.48 -0.04 -2.63 5876 -11.90 EQB EQUITABLE GRO 74.86 -2.20 -2.85 70 8.63 MTY MTY FOOD GROU 54.25 -0.78 -1.42 57 -14.27 TVE TAMARACK VALL 5.26 0.06 1.15 3816 36.62
BLX BORALEX INC 37.71 -0.66 -1.72 249 8.74 ERO ERO COPPER CO 17.95 0.03 0.17 291 -6.99 MTL MULLEN GROUP 13.25 0.06 0.45 392 13.93 TRP TC ENERGY COR 70.72 0.35 0.50 14964 20.21
BYD BOYD GROUP SE 166.01 18.41 12.47 277 -16.84 EIF EXCHANGE INCO 42.10 0.51 1.23 94 -0.09 TECK-B TECK RESOU 50.41 1.32 2.69 1842 38.37
BAM-A BROOKFIELD 69.71 -1.49 -2.09 1177 -8.74 NA NATIONAL BANK 98.99 -2.09 -2.07 2488 2.64 T TELUS CORP 32.04 -0.19 -0.59 2363 7.55
BBU-UN BROOKFIELD 36.50 1.62 4.64 124 -37.12 FFH FAIRFAX FINAN 620.19 4.24 0.69 51 -0.33 NGD NEW GOLD INC 2.33 0.08 3.56 1080 23.28 TIXT TELUS INTERN 31.68 -0.69 -2.13 138 -24.21
BIP-UN BROOKFIELD 79.02 -0.80 -1.00 309 2.64 FTT FINNING INTL 39.41 0.05 0.13 297 23.62 NXE NEXGEN ENERGY 7.26 -0.08 -1.09 1482 31.05 TFII TFI INTERNAT 138.49 -1.67 -1.19 171 -2.38
BEP-UN BROOKFIELD 51.53 0.67 1.32 190 13.73 FCR-UN FIRST CAPI 18.23 -0.06 -0.33 444 -3.34 NFI NFI GROUP INC 16.50 0.05 0.30 251 -18.56 NWC THE NORTH WES 37.27 -0.03 -0.08 107 8.85
DOO BRP INC 89.12 -3.19 -3.46 258 -19.57 FR FIRST MAJESTIC 17.48 0.16 0.92 483 24.24 NPI NORTHLAND POW 41.58 0.00 0.00 472 9.57 TRI THOMSON REUTE 132.77 -1.41 -1.05 262 -12.23
FM FIRST QUANTUM 41.45 0.26 0.63 1373 36.93 NWH-UN NORTHWEST 14.27 -0.11 -0.76 325 3.33 TLRY TILRAY INC 7.18 0.05 0.70 3016 -19.51
CAR-UN CDN APARTM 54.57 -1.13 -2.03 426 -8.99 FSV FIRSTSERVICE 181.45 0.79 0.44 106 -27.01 NG NOVAGOLD RES I 9.75 0.05 0.52 131 12.46 X TMX GROUP LTD 130.18 -0.88 -0.67 127 1.50
CNQ CDN NATURAL R 79.47 1.86 2.40 6168 48.68 FTS FORTIS INC 60.06 0.03 0.05 765 -1.59 NTR NUTRIEN LTD 132.49 1.16 0.88 1616 39.35 TPZ TOPAZ ENERGY 20.16 0.15 0.75 235 12.94
CWB CDN WESTERN B 37.78 -0.70 -1.82 260 4.08 FVI FORTUNA SILVE 5.25 0.05 0.96 855 6.28 NVEI NUVEI CORP 88.64 -5.39 -5.73 620 8.10 TXG TOREX GOLD RE 16.29 0.32 2.00 470 23.88
GIB-A CGI GROUP I 100.26 -2.24 -2.19 592 -10.36 FNV FRANCO-NEVADA 199.28 3.41 1.74 430 13.91 TIH TOROMONT IND 118.62 -0.49 -0.41 147 3.73
CIX CI FINANCIAL 20.05 -0.60 -2.91 976 -24.17 FRU FREEHOLD ROYA 14.86 0.11 0.75 1036 27.55 OGC OCEANAGOLD CO 2.90 0.07 2.47 1690 31.82 TD TORONTO-DOMINI 101.06 -1.85 -1.80 9165 4.21
CRT-UN CT REAL ES 18.07 -0.33 -1.79 158 4.33 ONEX ONEX CORP 83.97 -0.40 -0.47 85 -15.42 TOU TOURMALINE OI 53.88 1.07 2.03 1237 31.93
CAE CAE INC 31.89 -1.01 -3.07 418 -0.06 GFL GFL ENVIRONME 39.07 0.49 1.27 417 -18.31 OTEX OPEN TEXT CO 53.62 -1.19 -2.17 829 -10.69 TA TRANSALTA CORP 12.08 -0.01 -0.08 1781 -14.02
CCO CAMECO CORP 36.50 -0.18 -0.49 2078 32.34 GEI GIBSON ENERGY 25.50 0.21 0.83 1076 13.74 OR OSISKO GOLD RO 16.71 0.29 1.77 1159 7.95 RNW TRANSALTA REN 18.04 -0.11 -0.61 411 -3.79
CF CANACCORD GENU 12.06 -0.03 -0.25 510 -20.03 GIL GILDAN ACTIVE 47.10 -1.00 -2.08 267 -12.18 OSK OSISKO MINING 4.11 0.08 1.99 910 7.87 TCL-A TRANSCONTIN 17.95 -0.47 -2.55 284 -11.62
GOOS CANADA GOOSE 33.82 -0.19 -0.56 230 -27.86 GSY GOEASY LTD 135.90 -4.40 -3.14 52 -24.19 TCN TRICON CAPITA 20.79 -0.53 -2.49 786 7.39
CM CANADIAN IMPER 159.08 -5.02 -3.06 5876 7.89 GRT-UN GRANITE RE 97.77 -0.64 -0.65 175 -7.24 PAAS PAN AMERICAN 35.03 0.37 1.07 521 10.99 TSU TRISURA GROUP 33.90 -0.21 -0.62 136 -28.92
CNR CANADIAN NATI 167.64 0.04 0.02 1084 7.89 GWO GREAT-WEST LI 35.81 -0.02 -0.06 1881 -5.66 POU PARAMOUNT RES 30.57 0.40 1.33 436 24.32 TRQ TURQUOISE HIL 37.30 0.50 1.36 402 79.33
CP CANADIAN PACIF 102.55 -0.25 -0.24 1370 12.72 PXT PAREX RESOURC 26.88 0.20 0.75 327 24.39
CTC-A CANADIAN TI 186.66 -1.69 -0.90 117 2.88 HR-UN H&R REAL ES 13.22 -0.04 -0.30 736 -18.65 PLC PARK LAWN COR 34.36 -0.72 -2.05 62 -17.20 VET VERMILION ENE 27.51 0.77 2.88 2021 73.02
CU CANADIAN UTILI 37.18 0.19 0.51 543 1.34 HCG HOME CAPITAL 38.29 -0.46 -1.19 259 -2.00 PKI PARKLAND FUEL 34.15 0.55 1.64 296 -1.78
CFP CANFOR CORP 28.00 -0.94 -3.25 249 -12.66 HBM HUDBAY MINERA 10.15 0.16 1.60 1011 10.81 PPL PEMBINA PIPEL 47.18 0.50 1.07 1694 22.96 WSP WSP GLOBAL IN 167.74 -2.55 -1.50 166 -8.65
WEED CANOPY GROWT 8.91 -0.16 -1.76 2160 -19.29 HUT HUT 8 MINING 7.23 -0.14 -1.90 2118 -27.19 PEY PEYTO EXPLORA 11.42 0.10 0.88 811 20.85 WCN WASTE CONNECT 168.90 -1.09 -0.64 308 -2.03
CPX CAPITAL POWER 41.07 -0.10 -0.24 380 4.08 H HYDRO ONE LTD 32.49 -0.04 -0.12 1290 -1.28 POW POWER CORP OF 38.86 0.17 0.44 3094 -7.03 WELL WELL HEALTH 4.68 -0.14 -2.90 760 -4.68
CS CAPSTONE MININ 7.56 0.24 3.28 1371 35.48 PSK PRAIRIESKY RO 17.47 0.14 0.81 501 28.17 WDO WESDOME GOLD 15.70 0.44 2.88 421 36.40
CJT CARGOJET INC 164.48 0.36 0.22 39 -1.25 IAG IA FINANCIAL 76.29 -1.57 -2.02 184 5.40 PBH PREMIUM BRAND 106.15 -0.40 -0.38 137 -16.05 WFG WEST FRASER T 113.88 -0.01 -0.01 1127 -5.63
CAS CASCADES INC 13.79 -0.25 -1.78 145 -1.29 IMG IAMGOLD CORP 4.34 0.12 2.84 882 10.15 PMZ-UN PRIMARIS R 15.47 -0.18 -1.15 245 23.17 WN WESTON GEORGE 153.55 0.05 0.03 237 4.70
CCL-B CCL INDUSTR 58.39 -1.17 -1.96 241 -13.92 IGM IGM FINANCIAL 45.27 -0.33 -0.72 225 -0.77 PRMW PRIMO WATER 17.84 -0.31 -1.71 69 -20.07 WTE WESTSHORE TER 33.06 -0.07 -0.21 94 23.27
CLS CELESTICA INC 15.19 -0.28 -1.81 126 7.73 IMO IMPERIAL OIL 57.47 1.43 2.55 2209 25.98 WPM WHEATON PRECI 60.83 0.39 0.65 1844 12.07
CVE CENOVUS ENERG 20.30 0.24 1.20 8487 30.88 INE INNERGEX RENE 19.28 -0.26 -1.33 348 3.66 QBR-B QUEBECOR IN 29.27 -0.54 -1.81 761 2.52 WCP WHITECAP RESO 10.43 0.31 3.06 4738 39.25
CG CENTERRA GOLD 12.34 0.12 0.98 378 26.56 IFC INTACT FINANC 188.23 -0.19 -0.10 537 14.48 WPK WINPAK LTD 41.40 -0.06 -0.14 19 11.38
CSH-UN CHARTWELL 12.50 0.09 0.73 580 5.75 IFP INTERFOR CORP 39.58 -0.28 -0.70 597 -2.30 QSR RESTAURANT BR 71.07 -2.07 -2.83 642 -7.34
CHP-UN CHOICE PRO 15.59 -0.20 -1.27 523 2.63 IIP-UN INTERRENT 16.31 -0.24 -1.45 242 -5.78 RCH RICHELIEU HAR 48.16 0.06 0.12 97 10.38 YRI YAMANA GOLD I 7.20 0.29 4.20 2860 35.34

ETFS BONDS CURRENCIES


STOCKS $1 OR MORE CANADA FOREIGN EXCHANGE CROSS RATES

CLOSE NET % VOL YTD CLOSE NET % VOL YTD TERM YIELD CHG CAD USD AUD EUR GBP JPY CHF
CHG CHG 000S %CHG CHG CHG 000S %CHG
2-YEAR 2.09 0.06 CAD - 0.7959 1.0613 0.7229 0.6025 96.410 0.7400
BTCC-B PURPOSE BI 7.83 -0.02 -0.25 764 -8.74 HXT HORIZONS S&P 52.71 -0.44 -0.83 323 3.64 5-YEAR 2.26 0.08 USD 1.2559 - 1.3334 0.9082 0.7570 121.14 0.9298
BTCC-U PURPOSE BI 7.91 -0.02 -0.25 646 -8.24 XEG ISHARES S&P T 14.55 0.26 1.82 2019 37.52 10-YEAR 2.42 0.09 AUD 0.9413 0.7495 - 0.6808 0.5674 90.795 0.6970
DLR-U HORIZONS US 10.05 0.00 0.00 324 -0.10 XFN ISHARES S&P T 51.84 -1.06 -2.00 275 2.43 30-YEAR 2.56 0.09 EUR 1.3821 1.1006 1.4677 - 0.8331 133.32 1.0233
DLR HORIZONS US D 12.63 0.00 0.00 408 -0.71 XGD ISHARES S&P T 22.19 0.53 2.45 335 21.52 GBP 1.6582 1.3203 1.7605 1.1991 - 159.93 1.2278
ETHX-B CI GALAXY 13.68 -0.11 -0.80 752 -19.20 XIC ISHARES CORE 35.06 -0.24 -0.68 418 3.94 JPY 0.0104 0.0083 0.0110 0.0075 0.0062 - 0.7675
HND BETAPRO NAT G 8.49 0.06 0.71 1618 -69.98 XIU ISHARES S&P T 33.46 -0.30 -0.89 2263 2.89 RATES RATE CHG CHF 1.3495 1.0743 1.4329 0.9758 0.8133 130.14 -
HNU BETAPRO NAT G 16.10 -0.12 -0.74 580 91.90 XRE ISHARES S&P T 20.98 -0.26 -1.22 361 0.14
HOD BETAPRO CRUDE 2.57 -0.29 -10.14 4983 -67.43 XSP ISHARES CORE 47.84 -0.67 -1.38 304 -6.38 BOFC OVERNIGHT TARGET 0.50 UNCH
HOU BETAPRO CRUDE 29.28 2.62 9.83 1305 128.93 ZEB BMO S&P TSX E 40.77 -1.10 -2.63 1607 4.62 CANADIAN PRIME 2.70 UNCH
HQD BETAPRO NASDA 6.49 0.18 2.85 876 18.86 ZPR BMO LADDERED 11.22 0.00 0.00 393 -3.11 Source: wires
HQU BETAPRO NASDA 15.78 -0.47 -2.89 599 -23.84 ZWB BMO COVERED C 22.36 -0.56 -2.44 716 3.04
HSD BETAPRO SP500 6.86 0.16 2.39 401 9.76 ZWU BMO COVERED C 13.19 0.00 0.00 278 2.09

U.S.

COMMODITIES TERM YIELD CHG

2-YEAR TREASURY 2.13 -0.05


PRICE NET PRICE NET PRICE NET 5-YEAR TREASURY 2.34 -0.05
CHG CHG CHG 10-YEAR TREASURY 2.32 -0.06
30-YEAR TREASURY 2.52 -0.08
GOLD 1937.30 15.80 LEAN HOGS 102.55 2.30 CORN 757.75 4.75
SILVER 25.19 0.28 COFFEE 225.30 0.25 SOYBEAN 1718.75 22.25
NATURAL GAS 5.23 0.05 ALUMINUM 3572.75 112.50 CANOLA 1136.70 -20.40 RATES RATE CHG
CRUDE OIL WTI 114.93 5.66 HKFE NICKEL CNH 179290.0 -21220.0 S&P 500 COMM SRVS 354.45 -4.75
CRUDE OIL BRENT 121.31 5.83 WHEAT 1105.75 -12.50 FEED WHEAT 267.00 3.05 FED TARGET RATE 0-0.25 UNCH
HIGH GRADE COPPER 4.78 0.08 LUMBER 1054.30 -57.00 BITCOIN FUTURES 42250.0 -140.0 U.S. PRIME 3.25 UNCH
Source: wires
Gold, Silver (USD/oz), Nat gas (USD/mmbtu), Oil (USD/barrel), Copper (USD/lb), Bitcoin (USD), Lean Hogs (in U.S. cents/lb),
Coffee (USD/lb), Aluminum (USD/tonne), HKFE Nickel (in Renminbi-Yuan/tonne), Lumber (USD/1000 board ft),
Wheat, Corn and Soybeans (in U.S. cents/bushel), Canola and Barley (in Cdn dollars/tonne), Feed Wheat (in Br. pounds/tonne) DATA PROVIDED BY BARCHART, EXCEPT WHERE NOTED
T H U R S DAY, M A RC H 2 4 , 2 0 2 2 | T H E G LO B E A N D M A I L O R E P O RT O N B U S I N ES S | B11

SPORTS
Canadian women win Nurse eager to see
third straight at world how Raptors fare in
curling championship B12 postseason race B13

[ DEVILS VS. MAPLE LEAFS ]

Newest Leaf takes to the ice


Maple Leafs defenceman Mark Giordano skates with the puck, while Devils forward Jack Hughes chases, during
Wednesday’s game at Scotiabank Arena in Toronto. The Leafs recently acquired Giordano in a trade with the Seattle Kraken.
Helped by two short-handed goals, the Leafs won 3-2. For Paul Attfield’s game story go to B14

CLAUS ANDERSEN/GETTY IMAGES

Barty, a low-profile legend, has a puncher’s chance of staying retired


CATHAL pre-emptively pull that rug out from un-
KELLY der himself.
“Barring poverty, the ring has seen the
OPINION last of me,” Marciano said.
And it had. He never fought again (and
then, just in case you thought this was a

W
hen people talk about Rocky happy story, he died young in a plane
Marciano these days, it has crash).
nothing to do with his qual- A lot of great athletes have done a lot of
ities as a boxer. It’s entirely great things. But this – voluntarily going
down to how he left boxing. out on top and staying out – remains a feat
Marciano was the world heavyweight so rare that people who don’t know the
champion when he called a news confer- first thing about boxing remember Mar-
ence on a random Friday in 1956 and an- ciano for it.
nounced he was retiring. He hadn’t boxed It helps that no one of similar stature
in six months – an eternity at the time. He has managed it since. Michael Jordan
was still just 31. He’d never lost a profes- tried (he was fixed well enough for a
sional fight. hundred Marciano families) and failed.
Marciano’s reasoning – that he’d made Bjorn Borg quit at 26, but ruined it with a
enough money and wanted to spend time miserable comeback a decade later.
with his wife and kids. He may have been Mario Lemieux, Kim Clijsters, Michael
the first public figure to use that excuse – Phelps, Justine Henin, Roger Clemens.
back when it wasn’t yet an excuse. They all took their Marciano shot and
Good boxers had “retired” before in couldn’t follow through. Once they got
order to goose the purse of their next Ashleigh Barty, the world’s No. 1-ranked women’s tennis player, announced her retirement healthy and bored, they were back.
fight, so Marciano made sure to on Wednesday at 25. ‘I am spent,’ she said. ANDY BROWNBILL/AP KELLY, B13

As Canada nears World Cup qualification, Herdman still sees room for improvement
SAN JOSE, COSTA RICA “So we’ve worked hard this week on the think every man knows what’s in front of an intercontinental playoff to see who
process, the process of improving. And him. They’re in the front-row seat. Their joins them.
those improvements will car- hands are on the steering After Costa Rica, the Canadian men host

C
anada may be on the verge of World ry us through the game hope- wheel. They can do this. They No. 62 Jamaica on Sunday at Toronto’s BMO
Cup qualification but coach John fully.” can actually do more than Field before wrapping up qualifying play
Herdman is still looking for im- But while wanting to make They’re in the that, just qualify. And that’s March 30 against No. 63 Panama in Panama
provements. sure his players focus on get- the exciting bit. And I think City.
In the leadup to Thursday’s match ting better – with Herdman front-row seat. Their that’s the real motivator.” “We’ve got three missions, we’ve got
against No. 42 Costa Rica, Herdman said he citing game management as a hands are on the Canada (7-0-4, 25 points) three separate groups of guys that are clear
spoke to the team leadership group about possible area of growth – steering wheel. They has been the surprise pack- on this game, the game in Toronto and the
“staying away from the occasion.” And rather than pondering the can do this. They age in CONCACAF qualifying, game in Panama. Each one of them has
while the 33rd-ranked Canadian men have “enormity of an occasion,” he topping the final round-rob- massive significance for this program,”
won six straight in qualifying, which in- made it clear that this Cana- can actually do more in table ahead of Mexico and Herdman said.
cludes victories over the 12th-ranked U.S. dian team has bigger goals than that just qualify. the U.S. (both 6-2-3, 21 The Canadians want to finish first in
and No. 13 Mexico – he believes there is than just getting to Qatar And that’s the points) with Panama fourth CONCACAF qualifying, showing they truly
more in the tank. 2022. exciting bit. And I (5-4-2, 17 points) and Costa belong. And a continued rise up the rank-
“We’ll enjoy the game together but we’ll Herdman said he showed Rica fifth (4-3-4, 16 points). ing ladder – Canada was ranked 94th when
not get carried away,” Herdman told report- the team a two-minute video think that’s the real The top three teams at the Herdman took over in January, 2018 – could
ers. “So [we] come back to a bit of humility from his first camp at the motivator. conclusion of the current in- help when it comes to the World Cup draw.
in the training sessions this week where we helm in Murcia, Spain, in ternational window will rep- A win Thursday and Canada is in. A draw
identified some areas from January we we- 2018. JOHN HERDMAN resent North and Central will also suffice if Panama fails to beat Hon-
CANADIAN MEN’S TEAM
ren’t happy with, areas where some of our “[It] brought them right HEAD COACH America and the Caribbean duras or Mexico wins or ties the U.S. on
stats had dropped below a line that we back to that moment where in Qatar. The fourth-place Thursday.
thought was acceptable for our team. as a group we said we would qualify and I finisher will take on a side from Oceania in QUALIFYING, B15
B12 | R E P O RT O N B U S I N ES S O T H E G LO B E A N D M A I L | T H U R S DAY , M A RC H 2 4 , 2 0 2 2

Independent review of Rugby Canada


paints damning, dysfunctional picture
Report says a lack of
long-term strategy
has organization in a A LOOK AT RUGBY
CANADA AND ITS TEAMS
‘constant state of crisis’
MEN’S 15s: Ranked 21st in
NEIL DAVIDSON the world and in rebuilding
mode after the failure to qualify
for the (2023) World Cup for the
An independent review into Rug- first time ever after losing qual-
by Canada’s high-performance ifying series to the 18th-ranked
programs paints a damning pic- U.S. and No. 23 Chile. Coach
ture of a dysfunctional organiza- Kingsley Jones is looking to
tion at odds with its athletes, staff develop a young roster largely
and supporters. playing in Major League Rugby.
The review depicts a governing Team is 5-17-0 since the start of
body too busy fighting fires to 2019.
have any long-term strategy and WOMEN’S 15s: Ranked
athletes “shocked” at how poorly fourth in the world, the women
they are treated when joining the have played just four matches
high-performance program and (3-1-0) since November, 2019.
feeling undervalued and ignored. Coach Sandro Fiorino was just
“The culture of Rugby Canada let go, with Rugby Canada citing
and the high-performance pro- the closing (because of financial
gram is described as ‘empty’ or constraints) of its Ontario-based
‘non-existent,’ ” the report states. academy he was affiliated with.
“In this vacuum of culture and Former assistant coach Kevin
leadership, bad behaviours take Rouet will lead the team through
hold across all areas of the pro- the World Cup this October in
gram. The high-performance pro- New Zealand.
gram is described as unhealthy or MEN’S SEVENS: Team stands
unsafe by many. 13th in the HSBC World Rugby
“Current players and high-per- Sevens Series standings after
formance program alumni con- four of the nine events
fess that they are not proud to this season. There was consid-
wear the Rugby Canada jersey.” erable player turnover after an
The review was commissioned eighth-place finish in the team’s
by Rugby Canada in the wake of Laura Russell plays for Canada’s women’s 15s team which, despite being Canada’s highest ranked team, gets Olympic debut in Tokyo last
complaints raised by past and the least funding of the four high-performance rugby clubs overseen by Rugby Canada. THE CANADIAN PRESS summer with coach Henry Paul
present members of the women’s looking to blend in new talent.
sevens team and the men’s 15s Among the other conclusions: on-field and off-field challenges: current state of the program, but WOMEN’S SEVENS: Team
team’s first-ever failure to qualify Development pathways are failure of the men’s 15s team to the fact remains that there is has gone though turmoil in
for the World Cup. inconsistently effective; qualify for the 2023 World Cup, broad interest across the Cana- recent years, with long-time
The 17-page report is full of gut- Rugby Canada’s “unclear na- disappointing results at the 2020 dian rugby community in con- coach John Tait stepping down
punches. tional governance role” limits Tokyo Olympics and multiple re- tributing to setting the program last April after complaints from
“Without a strategy to guide it, high-performance program effec- cent public-facing internal team on the right path. past and former players. Despite
Rugby Canada appears to be in a tiveness; issues.” “With the right leadership and a review that found he had not
constant state of crisis and overall Rugby Canada’s current orga- Review recommendations in- committed action, this communi- breached Rugby Canada’s bully-
performance suffers as a result,” it nizational structure and resourc- clude hiring a high-performance ty can be rallied to support the ing and harassment policy, Tait
says. ing are unable to support four director distinct from coaching writing of a new positive chapter quit believing his position was
Rugby Canada is no stranger to high-performance teams; roles and establishing a high-per- in Rugby Canada’s proud history. untenable. The dispute, in part,
reviews, with a history of commis- Ineffectiveness of corporate formance strategy and clear na- The review urges Rugby Cana- prompted Rugby Canada to
sioning them after failure to and organizational governance tional governance role. It also da “to communicate this report commission the independent
achieve on-field goals – with exposes Rugby Canada to signifi- cites problems with Rugby Cana- fully and transparently in both re- high-performance review re-
coaches usually shunted to the cant risk; da basing its operations and ath- sponse and respect for the time leased Wednesday. The team
side as a consequence. Rugby Canada has failed to letes in Langford, B.C., on Van- given by its stakeholders across has struggled since, finishing
And for many in a Canadian create a healthy and effective couver Island. Canada.” ninth in Tokyo after winning
rugby community reeling on and high-performance culture; “Langford is not viewed as a “This first step is intended to Olympic bronze in 2016 at Rio.
off the field owing to the pandem- Athletes do not view the high- positive place to live with it being demonstrate Rugby Canada’s wil- Several players have retired or
ic, poor international results, in- performance program as a safe framed as expensive and isolat- lingness to take accountability, its shifted to the 15s side. The
adequate funding, infighting and and inclusive environment; ed,’ ” it says. willingness to change and its women currently stand eighth
irritation at Rugby Canada’s pro- Rugby Canada’s poor relation- In a five-paragraph news re- commitment to moving forward after four events on the six-stop
gress or lack thereof, the negative ship with the Canadian rugby lease on the report, Rugby Canada with inclusive intentions. The World Series. Jack Hanratty is
view of the landscape will come as community is a constraint on the chair Sally Dennis said: “The find- journey ahead will be difficult the current interim coach, com-
no surprise. high-performance program. ings have confirmed the validity and will likely get worse before it ing after Mick Byrne and Kelly
But this report pulls few Of the report’s 12 key insights, of a number of the concerns gets better but with consistent ef- Russell.
punches. only one is positive. “Change is about our high-performance en- fort Rugby Canada can chart a FRONT OFFICE: Rugby
“The dysfunction of the system possible and many hope to be a vironment and culture that trig- brighter future for the high-per- Canada is looking for a new CEO
is ultimately a failure of leader- part of it.” gered the review.” formance program.” after Allen Vansen stepped
ship,” it says. “Either through acts The report cites the push-and- “Some have already been ad- The study was conducted by a down at the end of January.
of ‘omission or commission’ the pull tension within Rugby Canada dressed but the picture painted by review panel consisting of repre- BUDGET: The 2020 annual
leadership of the organization – between the sevens and 15s pro- the report confirms that signifi- sentatives of Straad Consulting, a report reported pandemic-
board, executive, operations and grams, which comes with differ- cant changes must be made. We Calgary-based management con- affected revenue of $9,221,237
coaches – have not effectively ent funding masters (World Rug- have listened and will now use sulting firm, as well as Own The through Dec. 31, 2020, down
managed the short-term and by for the 15s and Own The Podi- this report as a springboard to- Podium high performance advis- from $14,908,912 in 2019.
long-term needs of the high-per- um for the sevens) as well as de- ward a stronger, better organiza- er Mel Davidson (former Hockey THE CANADIAN PRESS
formance program. Leadership bate over the need for distinct tion.” Canada women’s coach and ad-
has also failed to cultivate and pathways for the two distinct Rugby Canada will “set in mo- ministrator) and high-perform-
nurture an environment that tru- forms of the game. tion an inclusive and collabora- ance consultant Mike McGovern. and participants while ensuring
ly supports and enables high-per- The women’s 15s team, Cana- tive process to address the re- The panel conducted more the entire process remained in-
formance athletes. da’s most competitive high-per- port’s findings with representa- than 50 interviews/focus groups, clusive and independent.”
“As it currently stands, Rugby formance unit currently ranked tion from staff, athletes and key with some 80 individuals partici- Interim Rugby Canada CEO Ja-
Canada’s high-performance ath- fourth in the world, receives the external stakeholders,” she add- pating and received 108 survey re- mie Levchuk said the report was
letes, support staff and even smallest share of funding. ed. “I’m looking forward to com- sponses. written by Straad “with input
coaches are effectively revolting “Rugby Canada appears to be ing together as a rugby communi- A review committee – consist- from the subject matter experts
against the program’s system, avoiding decisions on what its ty to implement transformational ing of Dennis, Rugby Canada on the review panel.
leading to growing organizational high-performance priorities are,” change. The report’s findings are board members David Fortier and “The independent members of
dysfunction and a continued the review says. just the first stage in that process.” Bill Webb, former CEO Allen Van- the review committee had the op-
worsening of high-performance The review states Rugby Cana- There is plenty of work to be sen, University of Ottawa director portunity to provide comments
results.” da’s high-performance program done for the yet-to-be hired new of varsity athletics Sue Hylland to the review panel on a previous
It’s never a good sign in a high- “is at a critical crossroads,” with ri- CEO. But the review concludes and Penn State professor Robert draft, but all decisions on its final
performance review when one of val Tier 2 and 3 nations contin- Rugby Canada can change for the Boland – was formed “to assist content were made by Straad,” he
its first “key insights” is “Rugby uing “to evolve and improve.” better. with the flow of information to added.
Canada does not have a high-per- “The organization has arrived “The review has uncovered the review panel and ensure it has
formance strategy.” at this moment because of both some difficult truths about the access to relevant stakeholders THE CANADIAN PRESS

DESPITE LATE HOMERS,


Canada’s Einarson beats Sweden 10-8 at worlds BLUE JAYS COME UP
SHORT AGAINST PHILLIES

DONNA SPENCER PRINCE GEORGE, B.C. topped the standings at 7-0 with two draws Hasselborg’s pregame draw initially indi-
left Wednesday. cated she was closer to the button’s centre CLEARWATER, FLA. Orelvis Marti-
South Korea lost in an extra end to Den- pinhole than Einarson. nez and Trevor Schwecke hit
Canada’s Kerri Einarson cleared a tall hur- mark to fall to 6-1. The Swedes were 6-2 The Swedish skip knew she wasn’t and back-to-back home runs in
dle in her bid for a women’s world curling with a game to play at night against South didn’t contest Einarson earning hammer. eighth inning but the Toronto
championship with a 10-8 win over Swe- Korea. But Hasselborg wasn’t satisfied with a Blue Jays still lost to the Phila-
den on Wednesday. The Danes and United States were even remeasurement done using officials’ delphia Phillies 8-7 on Wednes-
Anna Hasselborg’s Swedish foursome at 5-2 ahead of Japan at 4-3, and Germany charts and video to determine where her day in Grapefruit League action.
won Olympic gold in 2018, bronze last and Norway at 3-4. rock ended up in the rings, and asked for Gosuke Katoh and Santiago
month in Beijing and was twice a world The Czech Republic and Italy were both another after the game. Espinal both had homers in the
runner-up. 1-7 with Turkey winless in seven games. “They measured it wrong from the be- fourth inning for the Blue Jays
So the host country’s victory over a Canada led 5-0 after three ends and 8-2 ginning. We didn’t have the 14.4 centi- (4-2). Espinal’s two-run shot to
team ranked third in the world was a mas- after five against the Swedes, but Hassel- metres that was up on the scoreboard, but deep left cut Philadelphia’s lead
sive assist in Einarson’s quest for a playoff borg wouldn’t go quietly and scrapped her they kicked [the stone] off and they had to to just 6-5.
berth. way to a 10th end. remeasure where they thought it was,” she Jose Berrios (0-1) took the
“They’re one of the best in the world, so With the hammer coming home, Einar- explained. “We were not happy with that loss for Toronto, giving up seven
that was a huge win for us and huge confi- son didn’t need to throw her final stone placement. hits and six runs in an inning
dence booster going forward,” Einarson when Hasselborg came up light on a draw. “Since LSD [last-stone draw] is so im- and two-thirds.
said. “We definitely had to play well to beat portant here, we don’t want to lose any Jean Segura hit a two-run
Canada record was 6-2 by day’s end be- them,” Canadian lead Briane Meilleur said. centimetres that were wrong.” single up the first-base line for
cause of a win forfeited by Scotland. After “They played really great in the last half, so Even though Canada didn’t play Scot- Philadelphia (3-2). It was part of
two losses, the Scots withdrew Sunday be- I’m glad we hung on there. land later, they still had to show up and a four-run inning for the Phillies,
cause four players tested positive for CO- “It was good to have a little lead to start throw their pregame draws before a 30- who never relinquished their
VID-19. just to have a little buffer.” minute practice. lead.
The top six teams at the conclusion of Each team throws two pregame draws “The draw to the button matters big- J.T. Realmuto had a solo
the preliminary round Friday advance to to the button, which are measured to not time in this championship,” Canadian homer and drove in another run
playoffs. only determine which team gets hammer coach Reid Carruthers pointed out. for the Phillies.
The top two get byes to Saturday’s semi- in the first end. Hammer in the first end was pivotal in Cristopher Sanchez (1-0)
finals with third to sixth playing off that Instead of tiebreaker games, accumulat- Canada’s victory. Einarson scored three threw two runless innings,
day to join them. The medal games are ed measurements also determine seedings playing an artistic split. allowing no hits and striking out
Sunday. should teams be tied Friday. three.
Defending champion Switzerland A measurement mistake on THE CANADIAN PRESS THE CANADIAN PRESS
T H U R S DAY, M A RC H 2 4 , 2 0 2 2 | T H E G LO B E A N D M A I L O R E P O RT O N B U S I N ES S | B13

Raptors look to lock in with playoffs in sight


Coach Nurse says a postseason “I really hope this team gets in the playoffs.
I really, really think we need to experience
series would be terrific for that, like a series, the prep and the tough-
the growth of his young team ness and all that stuff that I think would be
a really big building block for this team to
be able to go through that, however we get
LORI EWING to it.”
Nurse hopes to have some players back
healthy by then. He said VanVleet, who is

T
he Toronto Raptors’ postseason hampered by a knee injury, won’t play all 10
hopes have come down to 10 final the games left. Anunoby (broken finger)
regular-season games. hasn’t played since Feb. 16. He practised on
Eight of them will be at what Wednesday, but Nurse said he’s unlikely to
should be a noisy, jam-packed Scotiabank play Thursday. He’d like to see him get in
Arena after playing much of the home five games before the postseason tips off.
schedule in front of virtually a handful of Neither Malachi Flynn (hamstring) nor
family and friends because of COVID-19 re- Gary Trent Jr. (toe) practised, although
strictions. Nurse said Trent’s X-rays were negative.
For a youngster such as Scottie Barnes, a “So that turned out to be better news
front-runner for NBA rookie of the year, than we were possibly thinking,” Nurse
these games will be the most important of said. “It’s still very, very sore.”
his career so far. Pascal Siakam and Barnes have been
The Raptors host Cleveland on Thursday largely holding down the fort. Siakam is av-
in a key matchup with Toronto sitting a eraging 22 points, 8.3 rebounds and 5.1 as-
game behind the Cavaliers for the sixth sists for Toronto, while Barnes is averaging
playoff spot in the Eastern Conference. 17.7 points over the past 10 games.
Coach Nick Nurse is eager to see how his Siakam said he’d prefer to avoid a play-in
team responds to the crunch of this stretch scenario.
run. “Obviously why do you want to play an-
“It’s such a funny time of year,” Nurse other game instead of just being in the
said after practice Wednesday. “I think playoffs? Just win every single game and
there’s some teams that are playing like climb as much as we can,” he said.
they need to win every game because they He hopes having a full house of fans at
need to make the playoffs or get something Scotiabank Arena, which reopened at full
sorted out for home court or something capacity on March 1, will help.
and then there’s some teams that aren’t. “I think that we’ve definitely got to use
“So it’s a funny time of year to try to put our fans and [their] energy and use it as an
too much stock into it.” advantage, we have to, because again,
The Raptors (40-32) are coming off a come playoff time, that’s something that’s
“hell of a run,” Nurse pointed out, that saw super important,” Siakam said.
them win six consecutive road games Precious Achiuwa was asked whether
against some tough opponents despite crunch time of a season is fun.
missing key players such as Fred VanVleet “It’s always fun to play for me,” he said.
for some of it and OG Anunoby for all of it. “But understanding the importance of
“If you would have looked at that going these next games coming up, we under-
into it, you would have been ‘Oh boy,’ ” stand we have to really, really dial in to
Nurse said. “And we came out of it I think these last couple of games because that is
beyond anybody’s wildest dreams. Beat lit- going to basically tell us where we stand
erally all the top teams in the league the last come playoff time, whether that’s fifth
time we faced ’em. place or sixth place or we are going to be in
“I just want to keep building and keep the play-in.
playing and not get too caught up in what’s “We, as much as everyone else, are trying
coming. I would say this again. If the play- to avoid that play-in game so we’re just go-
offs started tomorrow, I feel like we’re ready ing to be a lot more locked in, a lot more fo-
I don’t want to sit here and say, ‘Oh my god, cused. Put ourselves in a better position
we gotta cram for this. Oh my god.’ I’m not come playoff time.”
into that. I’m ready to just keep trying to Thursday’s game is the first of four
play good each night as it comes.” straight at home. The Raptors host Indiana
A top-six finish would mean an auto- on Saturday, Boston on Monday and Min-
matic berth, while teams that finish sev- Scottie Barnes, in the running for the NBA rookie-of-the-year award, has been a steady nesota on Wednesday.
enth through 10th face play-in games. presence for the Toronto Raptors with 17.7 points per game over the past 10 games.
“I don’t see [top-six] as vital,” Nurse said. JASON MILLER/GETTY IMAGES THE CANADIAN PRESS

Kelly: Barty’s less-is-more declaration feels radical in current culture


FROM B11 endary stroke. Barty will be bet- five is awfully young to quit any- you’re done scrambling through
ter remembered in 50 years for thing. Especially something that your 20s and 30s to get yourself
It doesn’t matter how good you how she left the game (which If happiness is can make you a million bucks a professionally situated, it’s the
are when you return (though it’s never happens) than for what year for average effort. faces not the places that give you
never quite the same). What peo- she did in the game (which is commitments – After you’ve gone on a few pleasure.
ple remember is that you happening to someone all the that’s as good a yacht vacations and opened a tiki Federer’s nowhere close to
couldn’t accept becoming a regu- time). definition as I’ve bar in your hometown, what else what he once was, but he’s still
lar person. It’s a letdown for both But history doesn’t augur well heard – there aren’t is there? good enough to go out there and
sides of the equation. – neither generally nor specifical- Few of us are born to do any- put on a show. Even when he los-
Ashleigh Barty just became ly. many simpler joys in thing, but if you were born to be es, he’s doing his job – entertain-
the latest aspirant to Marciano’s A less advertised part of the life than getting up an accountant, would you quit it ing an audience – as well as any-
cultural throne. Marciano story is that he did con- every day to do at 35 because you’d made enough one ever has.
Barty is possibly the most sider a return to boxing. But after money? Probably not. There’s no shame in wanting
anonymous great tennis player in some training, he decided he
something you’re If you did, you’d most likely to be useful. We don’t give useful
history, and I say that admiringly. wasn’t up for it. talented at for a run off the rails in six months. nearly enough applause.
She did her job as well or better This is the difference between living. High achievers don’t adjust well Still, in a milieu where the bar
than anyone else, was enormous- a tennis comeback and a boxing to becoming zero achievers. for ‘remarkable’ is getting higher
ly pleasant while doing it and comeback. A bad tennis come- If happiness is commitments – all the time, it’d be fun to see
didn’t feel the need to spend all back leaves you humiliated. A that’s as good a definition as I’ve someone reach for the most un-
her downtime shouting about it. bad heavyweight boxing come- heard – there aren’t many sim- reachable ring, get hold of it and
She was the pro athlete you’d back might leave you dead. pler joys in life than getting up not let go. It’d be a greater tri-
most like to have as a next-door Let’s just say the lure is strong, every day to do something you’re umph of the will than winning
neighbour. even for the most committed. talented at for a living. more things after you’ve already
On Wednesday, Barty gave a Barty is also an unusual appli- Why does Roger Federer keep won a bunch.
random interview to a random cant for Marciano-dom on a cou- muscling through at 40 years old, It would be a declaration that
interviewer in which she an- ple of levels. knowing he will probably never more does not automatically
nounced she’s quitting tennis. She put tennis on pause once win another major tournament? equal better. In our culture, that’s
Just like that. before to play professional crick- Because he’s still a talented ten- a radical act.
“I am spent,” she explained. et for a while. She’s also a scratch nis player. Can Ash Barty manage it?
Right now, Barty has fabulous golfer. It’s conceivable she could One assumes he gets a charge Based on everything that’s
Marciano bonafides. She is the go on to play either sport profes- out of the rhythms of tennis, happened before, probably not.
world No. 1. She’s only 25. She sionally. showing up to the grounds early But having never really cared if
won the last tournament she Quitting one pro sport to play in the morning, seeing all the she (or any other particular play-
played in – the Australian Open. another isn’t a true Marciano. It’s other guys on the practice court, er) won a big tennis match, it’s
She has a kajillion dollars. a loophole Marciano. saying ‘Hey’ to the officials you’ve hard not to pull for her on this
If that’s really it, this was a leg- Then there’s the age. Twenty- known for a million years. After one.

World No. 1 retires with no regrets and heaps of adulation from tennis world
Ash Barty’s decision to retire at “Success for me is knowing I’ve physical well-being over the in- really speaks to the way our sport ESPN analyst, said of Barty’s re-
the very top of her game, on her given absolutely everything I can. cessant demands of her sport. empowers women,” said Danielle tirement. “Ash is not an ego-dri-
own terms and with absolutely I’m fulfilled, I’m happy. I know As tennis limped back to nor- Collins, who lost to Barty in the ven person wanting more. She’s
no regrets stunned the world of how much work it takes to bring mality amid the COVID-19 pan- Australian Open final. happy and now comfortable and
tennis, but the overwhelming re- the best out in yourself … I don’t demic, Barty chose to stay in Aus- “I think this sport empowers never has to leave her town and
actions were of support and ad- have that in me any more.” tralia for nearly a year, her longest us in a way financially that is real- family again. And she’s content
miration for the 25-year-old Aus- She did not pick up a racquet hiatus from the professional tour ly unique to other sports. … I with her achievements now.”
tralian. again, even to practise, after win- since her indefinite break in 2014. think the sport empowers us in Thirty-seven women have won
While the likes of Serena Wil- ning the title in Melbourne. She ways that is so unique to other more Grand Slams than Barty
liams and Rafa Nadal continue to pulled out of the prestigious fields. [Retiring at 25] is some- while three have spent more con-
chase Grand Slam titles, defying hardcourt events in Indian Wells thing to really celebrate and real- secutive weeks as the world’s top-
age and injuries, Barty’s declara- and Miami, and then retired on For someone to retire at ly acknowledge.” ranked player.
tion that she has achieved every- Wednesday, delivering the news If Barty remains retired, she But Martina Navratilova, who
thing she set out to in the sport in a prearranged conversation 25, it really speaks to will never win a U.S. Open singles appears on both lists and has won
stands in sharp contrast. with her friend and former dou- the way our sport title, never win the Billie Jean more Grand Slams – singles and
She leaves tennis as world No. 1 bles partner Casey Dellacqua that empowers women. King Cup team event for Austra- doubles – than anyone who has
and a three-times major cham- was released on social media. lia, never win an Olympic gold held a racquet, said Barty would
pion with titles at Roland Garros Athletes rarely retire at 25 and DANIELLE COLLINS medal, never achieve the calen- go down as one of history’s greats.
and Wimbledon alongside her in the case of the Williams sisters, TENNIS PLAYER dar-year Grand Slam that her “You are leaving the tennis and
Australian Open triumph in Janu- Nadal, Roger Federer and Novak Australian predecessors Rod La- sports world quite speechless and
ary, just when the discussion had Djokovic, playing into their 40s She returned in January, 2021, ver and Margaret Court won more full of praise at the same time,”
moved on to how many more does not seem beyond the realms winning Wimbledon the same than 50 years ago. Navratilova said. “We will miss
Slams she could win. of possibility. year before becoming the first Barty has long seemed like you, your smile and your beauti-
“There was a perspective shift But Barty, who made no secret Australian to triumph at Mel- someone whose gift took her far- ful game. Be happy champ, the
in me in the second phase of my of her dislike for being on tour, bourne Park since Chris O’Neil in ther than she wanted to go. Hall of Fame is waiting!”
career that my happiness wasn’t had no interest in punishing her 1978 in what would be the last “I’m shocked and not
dependent on the results,” Barty body year after year and always match of her career. shocked,” Rennae Stubbs, an REUTERS, WITH REPORTS FROM
said. prioritized her own mental and “For someone to retire at 25, it Australian player, coach and NEW YORK TIMES NEWS SERVICE
B14 | R E P O RT O N B U S I N ES S O T H E G LO B E A N D M A I L | T H U R S DAY , M A RC H 2 4 , 2 0 2 2

New-look Leafs leave Devils black and blue


Giordano, Blackwell help team tled goaltender’s five-hole.
The home side knotted the score at the
with victory in first game 12:30 mark with a short-handed effort
playing for Toronto from Ilya Mikheyev, the Russian winger
taking a pass from Alex Kerfoot and
racing past a half-hearted challenge from
PAUL ATTFIELD P.K. Subban to deke the puck past Daws.
Nico Hischier, who registered an assist
on New Jersey’s first goal, restored the
As traditional Toronto Maple Leafs debuts Devils’ lead with 6:04 to play in the sec-
go, Wednesday was probably not exactly ond, netting a rebound for his 18th of the
how Mark Giordano dreamed it. In place season to mark a fourth successive multi-
of the iconic, Conn Smythe-inspired blue- point game.
and-white jerseys, the former captain of But Mitch Marner got the Leafs back on
the Calgary Flames and Seattle Kraken terms with just over five minutes remain-
found a Justin Bieber-inspired black-and- ing in the period, as Auston Matthew and
blue alternate sweater residing in his stall. Michael Bunting combined to set up the
And with his usual No. 5 hanging in the winger for his 27th goal of the season,
Scotiabank Arena rafters under the name establishing a career high for No. 16. Mat-
Barilko, Giordano – who originally chose thews picked up his 80th point of the
the number in tribute to Red Wings great campaign on the play, tying his career
Nicklas Lidstrom – had to contend with 55 high from the 2019-20 season.
instead. With both teams largely cancelling
Not that he was complaining, each other out throughout much of the
particularly after his new team registered third period, the game looked to have
two short-handed goals to make hard tilted in New Jersey’s direction when
work of a 3-2 victory over the New Jersey Mikheyev was called for a double minor
Devils. The win allowed the Leafs to move for high sticking with 7:37 remaining. But
past the idle Tampa Bay Lightning into after Marner spurned a chance early in
second place in the Atlantic Division, at the short-handed situation, Engvall broke
least until the two-time Stanley Cup de- through on a two-on-one with William
fending champions play in Boston on Nylander, with the former opting to shoot
Thursday. instead of pass, giving the Leafs their first
As a 38-year-old Toronto native, Gior- Maple Leafs defenceman Ilya Lyubushkin hits the New Jersey Devils’ Nathan Bastian lead of the game with his 11th of the
dano has taken the long way round to suit during Wednesday’s game in Toronto. The Leafs won 3-2. season 4:42 before the final buzzer.
up for his hometown team. Undrafted out FRANK GUNN/THE CANADIAN PRESS Giordano, who was paired with Tim-
of junior hockey, the defenceman was all othy Liljegren for much of the night, had
set to go to York University back in 2004 Much like head coach Sheldon Keefe – Giordano to gently feel his way into his 18 minutes 13 seconds of ice time and got
before an invite to Calgary Flames train- who praised the “options” he now has first game as a Bud, generating just three the last touch of the puck to clear the
ing camp permanently altered his career with the arrival of Giordano – Tavares shots through the first 20 minutes. The Leafs’ zone and help preserve the victory.
trajectory. welcomed the arrival of the accomplished home side responded with 11 of its own, Meanwhile Colin Blackwell, who also
John Tavares, another Toronto native blueliner. On the occasion of another but was unable to solve Nico Daws in the came over from Seattle in Sunday’s trade,
who was waylaid in another NHL outpost Next Gen game – celebrating the next New Jersey net. wore No. 11 and played 8:21 on the fourth
before finding his way home, having generation of Leafs fans – the newcomer The impasse proved short-lived, how- line.
famously grown up sleeping in Maple should complement the likes of Morgan ever. Mrazek, playing his first game since
Leafs-themed bedsheets, paid tribute to Rielly and Jake Muzzin – once he returns With 5:03 gone in the second period, giving up four goals in the loss against
the unusual route taken by his new team- from his concussion – on a roster that can the Devils, fresh off of Tuesday’s 7-4 upset Buffalo at the Heritage Classic, stopped 20
mate. no longer look for outside help with Mon- of the New York Rangers, jumped in front. of 22 shots, while Daws made 28 saves for
“[He] took really a non-traditional day’s trade deadline now in the rear-view With Pierre Engvall in the box for trip- New Jersey.
path to become you know, an elite player mirror. ping, Damon Severson inadvertently beat The Leafs now turn their attention to
and Norris Trophy winner and just a high- Thankfully for a Leafs team that gave Petr Mrazek with New Jersey’s seventh Saturday’s game in Montreal against the
end impact defenceman,” the Leafs cap- up six goals in its previous outing, against shot of the game, the puck deflecting off Canadiens, before a showdown with the
tain said. Nashville on Saturday, the Devils allowed Ilya Lyubushkin and through the embat- first-place Florida Panthers on Sunday.

NHL NBA AHL CURLING MLS 2022 WORLD CUP


EASTERN CONFERENCE EASTERN CONFERENCE WedneSday WORLD WOMEN’S CURLING EASTERN CONFERENCE QUALIFYING
ATLANTIC DIVISION W L Pct GB Hershey 5 Lehigh Valley 1 CHAMPIONSHIP GP W L T GF GA Pt NORTH AND CENTRAL
GP W L OT SO GF GA Pt y-Miami 47 25 .653 — Springfield 3 Hartford 1 Philadelphia 4 3 0 1 7 2 10
Florida 62 42 14 2 4 254 180 90 Bridgeport 4 Utica 1 AMERICA AND CARIBBEAN
Milwaukee 45 27 .625 2 At PRince GeoRge, B.C. Columbus 4 2 0 2 10 5 8
Toronto 63 40 18 4 1 232 191 85 Philadelphia 44 27 .620 2/
1
2
Toronto 6 W-B/Scranton 1 Chicago 4 2 0 2 5 1 8
Tampa Bay 62 39 17 2 4 207 177 84 Boston 45 28 .616 2/
1 Syracuse 4 Cleveland 0 N.Y. Red Bulls 4 2 1 1 8 4 7 FINAL ROUND
2
PRELIMINARY ROUND
METROPOLITAN DIVISION Chicago 42 30 .583 5 Belleville at Laval Orlando 4 2 1 1 4 2 7
Carolina 63 42 15 5 1 206 150 90 Nation (Skip) W L ThuRSday
Cleveland 41 31 .569 6 Manitoba at Rockford Atlanta 4 2 1 1 8 8 7
Pittsburgh 64 39 16 4 5 210 168 87 Switzerland (Tirinzoni) 8 0 All TimeS EaSteRn
Toronto 40 32 .556 7 Colorado at Bakersfield D.C. 4 2 2 0 5 4 6
N.Y. Rangers 64 40 19 3 2 193 167 85 South Korea (E.Kim) 6 1
Brooklyn 38 34 .528 9 Tucson at San Diego Cincinnati 4 2 2 0 5 8 6
WILD CARD Sweden (Hasselborg) 6 2 El Salvador at Jamaica, 7:05 p.m.
Boston 63 39 19 3 2 191 169 83 Charlotte 37 36 .507 10 /
1
2
Canada (Einarson) 5 2 New York City 4 1 2 1 4 4 4
Atlanta 36 37 .493 11 /
1 TueSday New England 4 1 2 1 6 8 4 Honduras at Panama, 9:05 p.m.
Washington 65 35 20 8 2 216 185 80 2
Denmark (M.Dupont) 5 3 United States at Mexico, 10 p.m.
New York 31 42 .425 16 /
1 W-B/Scranton 5 Toronto 1 Toronto 4 1 2 1 5 8 4
Columbus 64 32 29 1 2 211 239 67 2
Japan (Kitazawa) 5 3 Canada at Costa Rica, 10:05 p.m.
N.Y. Islanders 61 27 25 3 6 165 166 63 Washington 30 41 .423 16 /
1
2
Chicago 3 Texas 1 Charlotte 4 1 3 0 4 7 3
Ontario 6 Grand Rapids 2 United States (Christensen) 5 3
Detroit 63 26 30 5 2 184 235 59 Indiana 25 48 .342 22 /
1
2 Montreal 4 0 3 1 5 11 1
Buffalo 63 22 33 7 1 167 220 52 Detroit 20 53 .274 27 /
1
2
Stockton 3 San Jose 1 Germany (D.Jentsch) 4 4 Miami 4 0 3 1 2 10 1 UEFA WOMEN’S
Norway (Skaslien) 4 4
New Jersey 64 23 36 1 4 197 233 51 Orlando 20 53 .274 27 /
1
2
San Diego 3 Henderson 1
Czech Republic (A.Baudysova) 1 6
CHAMPIONS LEAGUE
Philadelphia 63 20 32 7 4 159 220 51 WESTERN CONFERENCE WESTERN CONFERENCE
Ottawa 63 22 36 4 1 162 207 49 ThuRSday — All TimeS EaSteRn Italy (Constantini) 1 7 QUATERFINALS
W L Pct GB GP W L T GF GA Pt
Montreal 63 17 36 9 1 160 238 44 Abbotsford at San Jose, 10 p.m. Turkey (Yildiz) 0 7
x-Phoenix 58 14 .806 — Los Angeles F.C. 4 3 0 1 9 2 10 FIRST LEG
WESTERN CONFERENCE Memphis 49 23 .681 9 FRiday wd-Scotland (Morrison) 0 8 Salt Lake 4 3 0 1 6 3 10
Syracuse at Utica, 7 p.m. wd — Scotland withdrew from the tour- WedneSday
CENTRAL DIVISION Golden State 47 25 .653 11 Minnesota 4 2 0 2 4 2 8
GP W L OL SL GF GA Pt Utah 45 27 .625 13 Lehigh Valley at Laval, 7 p.m. nament on Sunday due to positive Austin 4 2 1 1 11 3 7
Springfield at Hartford, 7 p.m. COVID-19 tests. All of their remaining Arsenal 1 VfL Wolfsburg 1
Colorado 63 45 13 4 1 244 175 95 Dallas 44 28 .611 14 Dallas 4 2 1 1 7 3 7
Charlotte at Cleveland, 7 p.m. games will be forfeited and automatic Juventus 2 Lyon 1
St. Louis 62 35 18 6 3 222 175 79 Denver 43 30 .589 15 / 1
2 Colorado 4 2 1 1 6 4 7
Minnesota 61 37 20 0 4 228 196 78 Minnesota 42 31 .575 16 / 1 W-B/Scranton at Belleville, 7 p.m. wins for their opponents will be regis- L.A. Galaxy 4 2 2 0 4 4 6
PACIFIC DIVISION
2
Toronto at Rochester, 7:05 p.m. tered after the draw of scheduled match. TueSday
L.A. Clippers 36 38 .486 23 Houston 4 1 1 2 3 3 5
Calgary 63 38 17 8 0 218 153 84 L.A. Lakers 31 41 .431 27 Hershey at Providence, 7:05 p.m. WedneSday Portland 4 1 1 2 5 7 5
Los Angeles 65 35 22 6 2 188 182 78 Milwaukee at Texas, 8 p.m. DRAW 12 Paris Saint-Germain 2 Bayern Munich 1
New Orleans 30 42 .417 28 Seattle 4 1 2 1 4 5 4 Barcelona 3 Real Madrid 1
Edmonton 64 35 24 5 0 217 204 75 Rockford at Iowa, 8 p.m. Canada 10 Sweden 8
San Antonio 28 44 .389 30 Nashville 4 1 2 1 3 5 4
WILD CARD Manitoba at Chicago, 8 p.m. Switzerland 10 Czech Republic 3
Portland 27 44 .380 30 / 1
2 San Jose 4 0 3 1 4 9 1
Nashville 64 37 23 2 2 211 184 78
Sacramento 26 48 .351 33 Abbotsford at Stockton, 9 p.m. Denmark 8 South Korea 7 (extra end) Vancouver 4 0 3 1 2 9 1 FA WOMEN’S SUPER
Dallas 62 35 24 1 2 184 185 73 Tucson at Henderson, 10 p.m. United States 12 Turkey 5
Vegas 66 34 28 3 1 205 201 72 Oklahoma City 20 52 .278 38
DRAW 13
SatuRday LEAGUE
Houston 18 54 .250 40 Grand Rapids at Bakersfield, 10 p.m. All TimeS EaSteRn
Winnipeg 64 30 24 6 4 201 198 70 Germany 7 Italy 5
x-clinched playoff spot WedneSday
Vancouver 64 30 26 5 3 183 186 68
y-clinched division
OHL Japan 8 Denmark 1 Cincinnati at Charlotte, 5 p.m.
Anaheim 65 27 27 6 5 186 210 65 Switzerland 8 United States 7
San Jose 63 28 27 6 2 167 198 64 WedneSday TueSday Salt Lake at Kansas City, 7 p.m. Manchester City 4 Everton 0
New York 121, Charlotte 106 Norway def. Scotland (forfeiture) Chelsea vs. Tottenham Hotspur (ppd.)
Chicago 63 22 32 7 2 167 219 53 Windsor 7 Kitchener 5
Seattle 64 20 38 5 1 168 228 46 Detroit 122, Atlanta 101 DRAW 14
Owen Sound 5 Sarnia 0
Arizona 63 20 39 0 4 164 228 44 Sacramento 110, Indiana 109 Niagara 2 Peterborough 1 (OT)
Sweden vs. South Korea TELEVISION
WedneSday Brooklyn at Memphis Italy vs. Turkey
Toronto 3 New Jersey 2 Golden State at Miami Scotland vs. Canada THURSDAY (ALL TIMES EASTERN)
ThuRSday — All TimeS EaSteRn Czech Republic vs. Japan
Pittsburgh at Buffalo Utah at Boston Erie at Niagara, 7 p.m. BASEBALL PGA: WGC - Dell Technologies Match
Vancouver at Colorado Orlando at Oklahoma City Hamilton at North Bay, 7 p.m. Play, Day 2, Golf Channel, 2 p.m.
Chicago at Anaheim Phoenix at Minnesota TueSday
Mississauga at Peterborough, 7:05 p.m. NINTH DRAW MLB: Atlanta vs. Toronto, SN Ontario,
TueSday Houston at Dallas Saginaw at Windsor, 7:30 p.m. East, West, Pacific, MLB Network, 1 p.m. HOCKEY
Carolina 3 Tampa Bay 2 Philadelphia at L.A. Lakers Denmark 11. Turkey 10 (extra end)
Sweden 6 Italy 2 MLB: Chicago Cubs vs. L.A. Angels, MLB
Dallas 5 Edmonton 3 San Antonio at Portland QMJHL South Korea def. Scotland (forfeiture) Network, 4 p.m. NHL: Tampa Bay vs. Boston, SN Ontario,
Detroit 6 Philadelphia 3 East, 7 p.m.
Los Angeles 6 Nashville 1 TueSday WedneSday DRAW 10
Canada 10 Japan 4 BASKETBALL NHL: Florida vs. Montreal, TSN 2, 7 p.m.
New Jersey 7 N.Y. Rangers 4 Blainville-Boisbriand 4 Val-d’Or 2 NHL: Ottawa vs. Winnipeg, TSN 3, 5, 8 p.m.
N.Y. Islanders 3 Ottawa 0 Orlando 94, Golden State 90 Drummondville 6 Shawinigan 3 Denmark 8 Czech Republic 6 (extra end)
Switzerland 8 Norway 5 Men’s NCAA: Regional Semifinal, NHL: Vancouver vs. Minnesota, SN
Pittsburgh 5 Columbus 1 Atlanta 117, New York 111 Rouyn-Noranda 3 Gatineau 2 (OT) Arkansas vs. Gonzaga, CBS, 7 p.m. Pacific, 8 p.m.
San Jose 4 Calgary 3 Milwaukee 126, Chicago 98 Sherbrooke at Chicoutimi United States 8 Germany 7
DRAW 11 Men’s NCAA: Regional Semifinals, TSN NHL:SanJosevs.Edmonton,SNWest,9p.m.
Seattle 4 Arizona 2 Denver 127, L.A. Clippers 115 4, 7 p.m.; TSN 1, 7:30 p.m.
St. Louis 5 Washington 2 TueSday Germany def. Scotland (forfeiture)
Norway 10 Turkey 5 NBA: Cleveland vs. Toronto, SN 1, 7:30 p.m. SOCCER
Winnipeg 4 Vegas 0 ThuRSday Charlottetown 4 Cape Breton 2 NBA: Phoenix vs. Denver, NBA TV
ThuRSday — All TimeS EaSteRn All TimeS EaSteRn Saint John 6 Moncton 2 South Korea 7 Italy 4
Sweden 8 Japan 4 Canada, 9 p.m. FIFA World Cup Qualifying: Italy vs.
Dallas at Carolina, 7 p.m. ThuRSday — All TimeS EaSteRn Men’s NCAA: Regional Semifinal, Texas North Macedonia, TLN, 3:30 p.m.
Florida at Montreal, 7 p.m. Cleveland at Toronto, 7:30 p.m. Cape Breton at Moncton, 6 p.m. Tech vs. Duke, CBS, 9:30 p.m. FIFA World Cup Qualifying: Jamaica vs.
Tampa Bay at Boston, 7 p.m. Chicago at New Orleans, 8 p.m. Saint John at Charlottetown, 6 p.m. ThuRSday
All TimeS EaSteRn El Salvador, OneSoccer, 7:05 p.m
Detroit at N.Y. Islanders, 7:30 p.m. Indiana at Memphis, 8 p.m. Acadie-Bathurst at Halifax, 6 p.m. CURLING FIFA World Cup Qualifying: Panama vs.
Ottawa at Winnipeg, 8 p.m. Washington at Milwaukee, 8 p.m. Rimouski at Victoriaville, 7 p.m. DRAW 15, 12 P.M.
United States vs. Canada, Norway vs. Honduras, OneSoccer, 9:05 p.m.
Philadelphia at St. Louis, 8 p.m. Phoenix at Denver, 9 p.m. Rouyn-Noranda at B.-Boisbriand, 7 p.m. World Women's Curling Championship: FIFA World Cup Qualifying: Mexico vs.
Vancouver at Minnesota, 8 p.m. Sherbrooke at Baie-Comeau, 7 p.m. Czech Republic, Denmark vs. Switzer-
land, Turkey vs. Germany United States vs. Canada, TSN 1, 4, 12 p.m. United States, OneSoccer, 10 p.m.
San Jose at Edmonton, 9 p.m. FRiday World Women's Curling Championship: FIFA World Cup Qualifying: Costa Rica
Chicago at Los Angeles, 10 p.m. WHL DRAW 16, 5 P.M.
Italy vs. Scotland, Germany vs. Sweden, Canada vs. South Korea, TSN 1, 10 p.m. vs. Canada, SN 360, 9:30 p.m.; SN 1,
Nashville at Vegas, 10 p.m. Utah at Charlotte, 7 p.m. East, Ontario, OneSoccer, 10 p.m.; SN
WedneSday Japan vs. Norway, South Korea vs.
FRiday Washington at Detroit, 7 p.m. GOLF Pacific, 11 p.m.
Winnipeg at Saskatoon Switzerland
Pittsburgh at N.Y. Rangers, 7 p.m. Golden State at Atlanta, 7:30 p.m. Kelowna at Victoria DRAW 17, 10 P.M.
Washington at Buffalo, 7 p.m. Dallas at Minnesota, 8 p.m. DP World Tour: Commercial Bank Qatar TENNIS
TueSday Czech Republic vs. Turkey, Canada vs.
Columbus at Winnipeg, 8 p.m. New York at Miami, 8 p.m. Masters, First Round, Golf Channel, 5 a.m.
Swift Current 5 Regina 3 South Korea, United States vs. Sweden,
Arizona at Calgary, 9 p.m. Houston at Portland, 10 p.m. PGA: Corales Puntacana Championship, WTA: Miami Open, TSN 5, DAZN, 11 a.m.
Winnipeg 3 Prince Albert 2 (OT) Denmark vs. Italy
Philadelphia at Colorado, 9 p.m. Philadelphia at L.A. Clippers, 10:30 p.m. First Round, Golf Channel, 10:30 a.m. ATP: Miami Open, TSN 3, 11:30 a.m.
Victoria 4 Kelowna 2

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JAMES AND RADFORD FIFTH, Turkey also entered the contest courthouse. The Crown had DEATHS
SCHIZAS 10TH AT FIGURE on Wednesday. Italy is the only sought at least one year in jail for
SKATING CHAMPIONSHIPS declared bidder for Euro 2032 Keri, while the defence had TO ADVERTISE 1-866-999-9237
apart from Russia. Russia’s feder- called for a sentence that didn’t ADVERTISING@GLOBEANDMAIL.COM
ation was not suspended by include jail time. Keri, 47, plead-
MONTPELLIER, FRANCE Canada’s UEFA despite the ban on its ed guilty last August to seven BUSINESS HOURS (EST)
MONDAY – FRIDAY 8:30AM – 5:30PM
Vanessa James and Eric Radford teams from playing, although its charges including assault, assault
SUNDAY & HOLIDAYS 1:00PM – 5:00PM
were fifth in the pairs short bid for the Euros seemed with a weapon and uttering
program on Wednesday in what doomed to fail. UEFA said its threats against his ex-wife and a DEADLINES (EST)
NEXT DAYS’ PAPER – SUBMISSION
could be their one and only executive committee can “reas- young child whose identity is
3:00PM DAY PRIOR
world figure skating champion- sess the legal and factual sit- covered by a publication ban. PAYMENT/APPROVAL 4:00 PM DAY PRIOR
ships together. James, from uation as it evolves and adopt Before his arrest, Keri was a
Toronto, and Radford, from further decisions as necessary, well-known sports writer in
Balmertown, Ont., who came out including in light of the declara- North America who was publish- DEATHS
of retirement last April to com- tion of interest expressed by the ed on a variety of platforms
pete together, opened with a Football Union of Russia for including Sportsnet and The HUGH LEYS COULSON
perfect triple twist that set the hosting the UEFA Euro.” Athletic as well as appearing as 1940 – 2 022
tone for a score of 66.54 points. THE ASSOCIATED PRESS an analyst on radio and televi-
Alexa Knierim and Brandon sion. THE CANADIAN PRESS It is with deep sorrow that we
Frazier are the leaders with announce the passing of Hugh
76.88, while American team- MARINO OUSTED IN Coulson on March 17. Hugh left
this world peacefully, surrounded
mates Ashley Cain-Gribble and MIAMI OPEN FIRST ROUND GRINER SEEN BY U.S. by his family, at his home in
Timothy Leduc scored 75.85 for CONSULATE IN RUSSIAN Campbellford, ON. He will be
second. Riku Miura and Ryuichi DETENTION FACILITY forever missed by his beloved
Kihara of Japan are third (71.58). MIAMI GARDENS, FLA. Naomi wife of 45 years, Anne; his
James, who’s 34, and Radford, Osaka was greeted by some children David, Carey, Peter,
who’s 37, were 12th at last cheers when she walked onto The U.S. State Department said Daphne (deceased), Shoshannah,
month’s Olympics, where Rad- the court, then got significantly Wednesday that a U.S. Embassy Douglas and Robin; his many
ford was the oldest skater com- louder ones when her work for official has visited with WNBA KELLY ELIZABETH grandchildren along with his
BUCKINGHAM brothers Jock (deceased), Gordon
peting. The two are undecided the day was done. Flashing the star Brittney Griner, who has
and his sisters Panny, Vickie & Jill.
whether they’ll retire after the level of play that vaulted her to been detained near Moscow, to
worlds. Evelyn Walsh of London, No. 1 in the world not too long check on her condition. State We are profoundly heartbroken Hugh was a man of many
to announce the sudden passing interests. He started his working
Ont., and Trennt Michaud of ago, Osaka had little trouble in Department spokesperson Ned of our beloved Kelly Elizabeth life as a stockbroker in Montreal,
Trenton, Ont., were eighth in the beating Astra Sharma of Austra- Price told CNN the official found Buckingham (née Drinkwater) on later moving to Toronto where he
short program. lia 6-3, 6-4 on Wednesday – the Griner “to be in good condition.” Thursday, March 17, following a became a well-known and much-
Olympic bronze medalist first full day of play at the Miami Price did not identify the official brief battle with mental illness. loved figure on Bay Street. He then
Kaori Sakamoto of Japan took a Open. Later, Katerina Siniakova who had been granted consular Born December 10, 1981, in ventured into the mining industry
comfortable lead over Loena of Czechia beat Rebecca Marino access to Griner, something the Toronto, Kelly enjoyed formative where he spent four eventful
Hendrickx of Belgium and of Vancouver 3-6, 6-2, 6-1. Marino United States had been demand- childhood years in England, years prospecting in the Thunder
American figure skater Mariah had led 6-3, 2-0, but Siniakova ing. Griner was detained after excelling in ballet and on skis Bay / Nipigon area. His semi-
Bell in the women’s short pro- steadied and turned the tables. arriving at a Moscow airport, during family trips to the Alps. retirement years were enjoyed at
Always an animal lover - even the farm in Campbellford where
gram. Madeline Schizas of Oak- THE ASSOCIATED PRESS reportedly in mid-February, after
stuffed animals - family dogs he could often be seen riding
ville, Ont., was 10th. Russian authorities said a search through the fields on his tractors
THE ASSOCIATED PRESS of her luggage revealed vape Bagshot and Boomer, were
her consummate companions. or hosting his “men only” Sunday
KC SENDS HILL TO DOLPHINS cartridges that allegedly con- Kelly graduated from Branksome NFL parties at the Barn. Hugh also
FOR DRAFT PICKS tained oil derived from cannabis, Hall, where she thrived and opened a real estate firm and, for
WOODBINE ENTERTAINMENT which could carry a maximum forged lifelong friendships. Kelly a time, served as a member of the
TO PROVIDE LAND FOR penalty of 10 years in prison. also connected with her Celtic local Rotary Club.
SOCCER STADIUM, KANSAS CITY Kansas City traded Russian state news agency TASS roots during study programmes Over his long and active life,
TRAINING FACILITY Tyreek Hill to Miami for a pack- reported last week that a court in Dublin and St. Andrews, Hugh participated in many
age of draft picks Wednesday, had extended Griner’s pretrial majoring in international relations, sports including skiing, flying,
and the Dolphins are giving the detention to May 19. links golf and pub gatherings. marathons, squash, handball and
She graduated from McGill golf. He was an honorary member
TORONTO Woodbine Entertain- three-time all-pro wide receiver THE ASSOCIATED PRESS
University in 2004 with a degree of the Cambridge Club of Toronto,
ment is partnering with private a US$120-million, four-year in Political Science. Montreal Racquet Club and
investors to build a soccer train- contract extension that makes Nicholson Island Shooting Club.
ing facility and soccer-specific him the highest-paid player at BRITISH GOVERNMENT Kelly had an instinct for
entrepreneurial opportunities, Hugh and Anne have enjoyed 21
stadium. Woodbine confirmed his position. KC will get the ALLOWS CHELSEA TO SELL pursuing mortgage brokering, winters at the Lost City Golf Club
Wednesday it will designate a Dolphins’ first- and second- SOME TICKETS AGAIN serving as president of her in Atlantis, FL.
portion of its land for construc- round picks and their fourth- Toronto business club, and Hugh had a most unpretentious
tion of the venues with the goal rounder in this year’s draft, and following a passion for health and and affable nature. He was a
of creating a national training fourth- and sixth-round picks LONDON The British government wellness ventures. Most recently, generous and kind man which
centre for Canadian soccer. The next year, along with some will allow Chelsea to sell some she and her husband, Matt, were earned him many enduring
project is still in the planning much-needed salary cap relief in tickets again after easing the realizing their dream of restoring friendships.
stages however the area in ques- the latest major NFL trade. Hill’s terms of its sanctioning licence, and renovating a Victorian
house into a hotel in Wellington, Your family and friends thank you
tion is currently available and agent, Drew Rosenhaus, said the meaning Real Madrid supporters Hugh for being you; we will all
Prince Edward County. Always
construction could potentially extension from Miami includes can attend the Champions in her element on Lake Joe and treasure our memories forever.
be completed sometime in 2023. US$72.2-million guaranteed. The League quarter-final at Stamford Georgian Bay, we will forever A private family service to
The soccer venues would be value of the deal surpasses the Bridge. Chelsea had been picture her driving the whaler, celebrate Hugh’s life will be held,
located on Woodbine’s property five-year contract that Davante banned from selling tickets after relaxing on the dock, and with interment to follow at Mount
within walking distance of Adams signed after he was trad- owner Roman Abramovich was swimming with her kids. Pleasant Cemetery, Toronto, in
Woodbine Racetrack. The project ed from Green Bay to Las Vegas sanctioned last month for his A natural, effortless beauty, it the early Summer.
would include a soccer-specific last week, which averages ties to Russian President Vladi- was Kelly’s genuine and honest In lieu of flowers, for those
stadium and 38,000-square-foot US$28.5-million and includes mir Putin amid the continuing character that most endeared who wish, a donation may be
training facility with a world- US$67.5-million guaranteed. invasion of Ukraine. The club is her to strangers and loved made to Hugh’s favorite charity,
class grass surface that would THE ASSOCIATED PRESS also now allowed to receive ones alike. Quick with a warm, The Salvation Army. Memories,
meet the professional standards £30-million ($49.77-million) dimpled smile, and generous stories and condolences
established by FIFA, soccer’s from its parent company, Ford- with her time and empathy, Kelly can be shared online at
maintained deep relationships www.weaverfuneralhomes.com
world-governing body. Wood- YANKEES’ FEMALE stam, to provide cash to meet with a tight but large circle of
bine is situated on about 684 MINOR-LEAGUE MANAGER costs. Chelsea has been granted a friends and family. The youngest
acres of land located just over 30 HIT IN FACE BY BALL licence to continue operating as of the Drinkwater children, she
kilometres north of downtown a club but with strict limitations was her family’s bright and joyful
Toronto. Roughly 250 acres is on its commercial ventures. harmonizer, always up for a
already earmarked for horse-
racing (synthetic, grass and dirt
TAMPA Rachel Balkovec, hired by
the New York Yankees as the first
However, an updated govern-
ment document shows the terms
good laugh and a model of living
purposefully with style.
Honour a
racetracks as well as stables for
horses and employees).
woman to manage a minor
league affiliate of a Major League
of the licence now allows Cham-
pions League tickets to be sold
Kelly’s greatest joy was being
a mother to Isabelle and Will,
loved one
THE CANADIAN PRESS Baseball team, was hit in the face again. Chelsea hosts Madrid in whose world she filled with
by a batted ball during a drill and the first leg of the quarter-finals wonder, creativity, and immense Memorialize and
will be sidelined for up to a in April. The easing of the re- love. She is survived by Matt celebrate a loved one in
and their children; her parents,
UEFA COULD THWART week. Balkovec was struck Tues- strictions means Chelsea can sell Susie and David (Adele); her The Globe and Mail.
RUSSIA’S BID TO HOST day. She will not be available for tickets but won’t receive the siblings Jennifer Jones (Kevin)
SOCCER’S EUROS her first scheduled spring train- cash. UEFA is set to collect the and Michael (Cameron); and
ing game Thursday with Class A proceeds. her seven nieces and nephews,
Tampa. The 34-year-old Balkovec THE ASSOCIATED PRESS Eleanor, Gwenyth, Tate, Hugh,
LONDON UEFA is exploring fresh didn’t sustain a concussion but Boyd, Jacob and Kaitlin. Her large
sanctions to thwart Russia’s has facial swelling, the Yankees extended McClelland-Drinkwater-
attempt to host soccer’s Europe- said Wednesday. She was in- RUSSIAN, BELARUSIAN Buckingham family will all miss
her dearly.
an Championship after the volved in a hitting drill in an SWIMMERS BANNED FROM
country launched a surprising indoor cage at the minor league WORLD CHAMPIONSHIPS The family will receive friends
bid on Wednesday, one month complex when she was hurt. in Kelly’s honour on Friday,
after invading its neighbour and THE ASSOCIATED PRESS March 25, from 2 p.m. to 5
p.m. at Rosedale Golf Club,
seeing its teams suspended from LAUSANNE, SWITZERLAND Rus-
1901 Mount Pleasant Road,
international competitions over sian and Belarusian swimmers Toronto. Please follow your
the war in Ukraine. A meeting of FORMER SPORTS REPORTER were banned Thursday from personal COVID preferences.
the Russian Football Union SENTENCED TO 21 MONTHS competing at the world cham- Entry will be staggered.
executive committee decided to IN DOMESTIC ABUSE CASE pionships because of the war in For family and friends in the
submit an initial bid to UEFA for Ukraine. The sport’s governing County and surrounding area,
the 2028 and 2032 tournaments body, known as FINA, had bro- a celebration of life will be held
ahead of the deadline for expres- MONTREAL Former sports writer ken with most other organiza- Monday, March 28, from 4 p.m.
sions of interest. The late decla- Jonah Keri has been sentenced tions by continuing to allow to 6 p.m. at Slake Brewery, 181
ration of interest by Russia is a to 21 months in jail for repeated Russians and Belarusians to Mowbray Road, Picton, Ontario.
challenge to the joint Britain- abuse against his ex-wife. Que- compete, though as “neutral We hope our devastating loss will
Ireland entry, which expected to bec court Judge Alexandre Dal- athletes” without national sym- help other families shine light on
be unchallenged to host the mau delivered his decision bols. the mental health challenges that
UEFA showpiece in 2028 until Wednesday at the Montreal THE ASSOCIATED PRESS affect so many.
In lieu of flowers, please consider
a donation to the Mental
Health Program at Women’s
College Hospital in Toronto in
Qualifying: Costa Rica in desperate need Kelly E. Buckingham’s memory.
You can donate online at
of a win to keep World Cup dreams alive https://wchf.akaraisin.com/ui/
KellyBuckingham or by calling
Women’s College Hospital
FROM B11 play in October, 2019 in Toronto, weeks to allow the national ream Foundation at 416-323-6323. CONTACT US 1-866-999-9237
posting a 1-0 win in Haiti in a to prepare for Canada. ADVERTISING@GLOBEANDMAIL.COM
Another clinching scenario qualifying match last June, show- “The Costa Rica I saw in No-
would be if Panama ties or loses ing the squad’s depth at the Gold vember [when Canada won 1-0 in
to Honduras and Mexico beats Cup last summer and Alphonso Edmonton], I think is going to be
the U.S. Davies’s highlight-reel goal in a very different to the one we’re go-
The Canadian men have qual-
ified for just one World Cup – in
4-1 qualifying win over Panama
last October in Toronto.
ing to experience in San Jose,”
Herdman said. “And they’ve only
Report on Business
1986 in Mexico. “I think it got the country to lost one match in San Jose.
Herdman consistently refers to believe that we can do this,” he “They’ve got a massive pur-
his team as “new Canada,” saying said of the Davies goal, which pose, which is to stay alive [in
“It’s not about two or three play- showed off the Bayern Munich’s qualifying],” he added. “My
ers.” star’s pace, strength and determi- group of men, they know they
Asked about key moments for nation. can qualify in this game and
the team, Herdman reeled off a As for Costa Rica, Herdman that’s what we came to do.”
TO SUBSCRIBE 1-866-999-9237 | TGAM.CA/SUBSCRIBE
list – beating the U.S. 2-0 in Toron- noted its domestic league has
to in CONCACAF Nations League been suspended for the past two THE CANADIAN PRESS
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DEATHS DEATHS DEATHS DEATHS IN MEMORIAM

TINA BURGER In Loving Memory


BRANDENBURG USHER

Born Martina (Tini) Burger in


Wijk aan Zee, The
Netherlands, on December
24, 1923; she left us in her
99th year, in St. Mary’s,
Ontario. Hers was a
remarkable life, spanning two
continents and filled with
compassion, family, love,
laughter, and just a bit of sass.
She spent 51 years with her
best friend and husband Karel
DR. ROBERT JAMES GRANT LAWRENCE DUFF TOSHIKO J EAN TOKIWA Brandenburg, whom she met
“RJ” CREIGHTON in the Netherlands during the
1927 – 2 022 Second World War. She was MALCOLM JOHN AVEY
Toshiko Jean Tokiwa (nee
Dr. Robert James “RJ” Creighton Kanemoto), passed away just 16 when the Netherlands 1 9 47 – 2 02 1
of Walkerton, passed away Grant Duff was a great guy with was invaded, and while she
a big voice, a bigger laugh, and peacefully on Thursday, March
Sunday, March 20, 2022, at 17, 2022, at Wentworth Lodge did not talk about the Malcolm John Avey passed on
South Bruce Grey Health Centre, a huge heart. He made everyone challenges, she faced many. November 30, 2021. He would
feel special. He passed away on in Dundas, Ontario. Preceded in Tina and Karel left the
Walkerton, in his 89th year. death by her loving husband Paul have turned 75 this March 23,
Tuesday, March 22, 2022, at the Netherlands in the mid-1950s 2022. He loved a party and
Beloved husband of Karen and age of 95. Yoshiharu Tokiwa. Loving mother with their children - Carla,
to Paul, George (Michele), and would have wanted to celebrate
father to Debbie Lou (Fred) Martina (Tina), and Laura - to with his friends. Born in St. Paul,
Ludolph of Waterloo, Peggy Grant is survived by his wife, Michael (Christine). She is also settle in southwestern
Catharine Wilson Duff, and survived by her grandchildren, Minnesota to Elna (nee Forsell)
Jo (Jack) Scott of Toronto, Bill Ontario. Her son Carl was and Edward Avey, a nursing
(Beth) of Waterloo, Ruth Anne his loving family, Dr. Virginia Amy, Kyle, Sarah, Bridget, and born shortly after they arrived
(Ginny) Duff (predeceased by Jameson; and by her sisters-in- in Canada. missionary and a Baptist pastor,
(Paul) Hamel of Waterloo, Robert Malcolm moved to Toronto as a
“Bob” (Whitney) of Buffalo, N.Y., John Wilson), David Duff (Mary law Claire Tokiwa and Lily Gibson; Eventually, after scrimping young man.
Sarah (Steve) King Brohman of Liston), and grandson, John-Alex and fondly remembered by her and saving, Tina and Karel
Waterloo, and Stephanie King of Duff Wilson. Grant was adored nieces and nephews and their bought a dairy farm, worked A graduate in political economy
Hoboken, N.J. Proud grandpa by Cathy’s family, Jackie Moss families. Predeceased by sister-in- hard, made many friends, and from the University of Toronto,
of 17 grandchildren and 6 great- (Brian Shaw), Jamey Fitzgibbon law Helen Tokiwa and brother-in- put down roots. A nurse by Malcolm made a living between
grandchildren. RJ will be missed (Rhonda), Jeffrey Fitzgibbon law Sam Tokiwa. Jean had many training, Tina was often called two careers. He was an early
by many nieces and nephews. (Penny) and grandchildren, Teddy friends, and those who knew her to neighbouring farms to help computer programmer who
and Alistair Moss, Katie and Chris were all touched by her kindness, in medical emergencies, worked for the New Democratic
Predeceased by his first wife, Joan Fitzgibbon, and Chloe and Julian gentleness, and generosity. being far closer than the local Party when their fortunes allowed.
(née Dow); daughter, Mary Beth; Fitzgibbon. He is also survived by doctor, and likely in
sister, Joan (Don) McFarland; and his older sister, Connie Stokes and Jean was born on June 18, 1931, possession of a far greater He was a kind, gentle and
brother, Paul. her family. Grant’s first wife, Jean, to Suenobo John Kanemoto and sense of humour. intelligent man with a strong life
predeceased him in 2000. Tai Mary Kanemoto in Vancouver, force. A life-long activist, he loved
Friends and relatives are invited Over time, she and Karel
British Columbia, where she spent helped their children raise a political discussion, being with
for visitation from 2:00 p.m. Grant was born in Cochrane, much of her childhood. In March friends and family, enjoying the
to 4:00 p.m. and 6:00 p.m. to families of their own. A great
Ontario, and grew up in northern 1941, her family was relocated to sorrow of her life was the good things that are all around
8:00 p.m. on Friday, March 25, Ontario and Toronto, where he the Tashme Japanese Canadian and seeing the world.
2022, at Cameron’s in Walkerton. passing of Karel in 1998. The
attended Jarvis Collegiate. After internment camp where they choice of poem at his service
A memorial service will be studying engineering at the Malcolm is sadly missed by his
endured challenging conditions. was "Miss Me, But Let Me wife, Chris Daly of Toronto and
held at 11:00 a.m. on Saturday, University of Toronto, Grant and The time they spent there was Go".
March 26, 2022, at St. Paul’s a good friend cycled throughout Vancouver; his sister, Margot
difficult, but Jean managed to Heeding his advice, she did Avey of St. Louis Park, Minnesota;
United Church, Walkerton. Europe, collecting adventures still find hope in her situation. get married again; to Tony his cousin, Dr. Keith Jones of
A livestream of the service and stories that lasted the rest of Following the war, her family Usher, in 2002. They spent 10
their lives. Returning to Toronto, Winnipeg; and his nephew,
will be available through was released from the camp and happy years together, until he Warren Bush of Vancouver.
RJ’s memorial page at www. Grant met his first wife, Jean, with made new lives for themselves passed in 2012. Sadly, this
cameronfuneralhomes.com. whom he had two children. After in Hamilton, Ontario, living in a was followed by the deaths of Malcolm’s family wishes to thank
Jean passed away in 2000, Grant house located where City Hall two of her daughters, Laura the health care team at Brock
Interment at Walkerton Cemetery had the good fortune to meet and Coughlin (Al), who died in Fahrni Pavilion, Providence
will be held later in 2022. now stands.
marry Cathy and join his second 2014, and Tina Jarzebiak in Health Care, Vancouver, for the
As expressions of sympathy, family whom he cherished as Jean graduated from Westdale 2016. It was a heartbreaking care Malcolm received in the last
donations to the Walkerton & much as his first. Grant was a lucky Secondary School and obtained period for her, yet one that two years of his life. The bonds
District Hospital Foundation - “Dr. man to have had two families her teaching certificate. She she survived. All the while that team members formed with
RJ Creighton Birthing Centre” who loved him enormously. was a graduate of McMaster crocheting, quilting, and him and the care he received,
Walkerton, or St. Paul’s United University, obtaining her degree knitting, despite worsening particularly in the last few days of
Grant had a successful career as through part-time studies and arthritis.
Church, would be appreciated by an urban developer and an even his life, were a blessing. Special
the family. night school. She worked for In addition to many relatives thanks also to Tina Meredith and
more successful retirement, the Hamilton-Wentworth School in the old country, she is
To donate, or leave condolence, spending summers in Muskoka his other exceptional caregivers
Board and she taught elementary survived in Canada by two who transitioned with him from
please visit RJ’s memorial page at and Stouffville and winters in school and English as a Second beloved children, Carla Davis
www.cameronfuneralhomes.com. Florida, and travelling the world care at home to Brock Fahrni and
Language (ESL) to children and and Carl Brandenburg; as well made his difficult journey a bit
“Lord, make us truly thankful with Cathy, including a trip to adults in both her home and as Carl’s wife Linda, whom
Europe in 2017 at the age of 90. easier to bear.
and grateful.” at student homes and at the Tina very much considered a
Grant sailed at the Royal Canadian Salvation Army. She continued to daughter. She leaves behind Memorial donations in
Yacht Club in Toronto, skied at teach ESL after her retirement. She 18 grandchildren and 15 great- Malcolm’s name may be made
Alpine Ski Club in Collingwood, coached and played girls’ softball, grandchildren, as well as to the St. Paul’s Foundation,
played tennis at the Granite studied Japanese, practiced Tai many dear friends. (attention Brock Fahrni) at
Club in Toronto, played golf at Chi, and was an avid reader and Tina’s legacy is large and donate.helpstpauls.com/goto/
Granite Golf in Stouffville and animal lover, having many cats warm. Her family have been MalcolmJohnAvey
the Classics in Naples, and took and dogs. She also loved to travel left with memories, stories,
up windsurfing in his 60’s. He to destinations such as Japan, and many pieces of arts and
crafts that were made for FUNERAL SERVICES
was a founder and a lifelong Italy, France, and across the U.S.
advocate for the Foundation She helped out at the Hamilton them with the utmost of love.
Most of all, they cherish the
CLASSIFIED Fighting Blindness (https://www.
fightingblindness.org), to which
Japanese United Church, where
she taught a Sunday School
example of a tremendously
strong (and often headstrong)
donations can be made. class and helped and supported
TO PLACE AN AD: 1-866-999-9237 woman who was selfless,
Grant bravely fought five cancers the Canadian Japanese Cultural caring and compassionate.
ADVERTISING@GLOBEANDMAIL.COM Centre of Hamilton (CJCC).
and was working on the sixth. Her memory will be a
His family would like to thank Jean spent many enjoyable years blessing.
MERCHANDISE Dr. Berinstein and the staff at at the Caroline Place Retirement The family is grateful for the
Sunnybrook Hospital for the care Residence in Hamilton and more care of the staff of Kingsway
that they provided. recently was cared for by the Lodge in St. Mary’s, Ontario.
WANTED TO BUY
A celebration of Grant’s life will kind and dedicated staff at the A celebration of life will be THURSDAY
take place at the Granite Club at a Wentworth Lodge in Dundas. planned for this summer.
WIEDER, Susan - 12:00 Family Service.
date later this spring. KRUGER, Daryl Jay - 1:00
Visitation services will be held
I MAKE HOUSE CALLS! at Turner Family Funeral Home,
Pardes Chaim Cemetery.
LIEBERMAN, Mortimer - 1:00
Mount Sinai Memorial Park.
53 Main Street, Dundas, Ontario
905-628-6412 on Sunday, March SUNDAY
I BUY: 27, 2022, 2-4 p.m. and 7-9 p.m.
Funeral service on Monday,
COLLIS, Saundra - 10:00 Chapel.
TUESDAY
Estates, Antiques,
Silver Plate & Sterling,
Honour a March 28, 2022, at 10 a.m. at the
same location and burial will
ROGENSTEIN, Tova - Service in Israel.
SHIVA
take place after the service at
Gold & Costume Jewelry, loved one White Chapel Memorial Gardens
on 1895 Main St. W, Hamilton,
MANDEL, Josh -.
BACHER, Aaron - Family Shiva,.
MOSCOE, Rochelle - 178 Pannahill Road.
Watches, Coins, Stamps, Ontario. For those who wish
OBAR, Dr. Marvin - Family Shiva,.
KAPOVSKI, Semyon - Family Shiva,.
and World Paper Money Memorialize and to livestream the service, a 2401 Steeles Ave. W. 416-663-9060
celebrate a loved one in live link will be available at All service details are available
on our website
www.turnerfamilyfuneralhome.ca.
The Globe and Mail.
WANTED: The family would appreciate it if
those who attend the visitation
DONATIONS ONLINE
www.benjamins.ca
BENJAMIN’S LANDMARK MONUMENTS
Diamonds, Rolex, Cartier, Faberge, and/or service and burial, wear SUSAN WI EDER YAD VASHEM AT LANDMARK
3429 Bathurst St. (416) 780-0635
Tiffany, Georg Jensen, etc. masks. In lieu of flowers, please
consider a donation to The Heart Susan Wieder (née Leibovici)
and Stroke Foundation of Canada passed away peacefully at

Call Bob 416-605-1640 CONTACT US 1-866-999-9237


and Alzheimer Society of Canada
or a charity of your choice.
Baycrest Apotex Home for the
Jewish Aged, after a determined
battle with cancer and dementia,
ADVERTISING@GLOBEANDMAIL.COM
March 22, 2022. The daughter
of the late Moshe and Rachel
Leibovici, sister of the late Ica
Hirsch (Edgar) and wife of the
late Sam Wieder; she is survived
by son, Marcel (Tina Rosenstein);
daughter, Ruth (Michael Altman);
3429 Bathurst Street 416-780-0596

Precious memories and grandchildren, Sean and Eric


Wieder and Skylar Altman.
Susan was a fighter right up to
the end, defying predictions of
Memorialize and celebrate a loved one in The Globe and Mail. her demise by both doctors and
staff. She received loving support
from her caregivers Frisa and
Ester and the staff of the 6th floor
Redbird wing.
National
A livestream funeral will take place
on Thursday, March 24th at noon.
News
Please see www.benjamins.ca
for the link. A private shiva will
take place.
Donations can be made to the
Sam and Susan Wieder Family
Fund at the Jewish Foundation
of Greater Toronto. To make
donations, please call 416-631-5685
or email jglass@ujafed.org.

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T H U R S DAY, M A RC H 2 4 , 2 0 2 2 | T H E G LO B E A N D M A I L O OBITUARIES B17

MADELEINE ALBRIGHT

POLITICIAN, 84

DIPLOMAT BECAME FIRST WOMAN


TO SERVE AS U.S. SECRETARY OF STATE
She rose to power and fame as a brilliant analyst of world affairs in the Clinton administration and learned in the 1990s
about her family’s Jewish heritage, obscured by her parents as a protective measure during the Second World War

ROBERT D. McFADDEN

M
adeleine K. Albright, a
child of Czech refugees
who fled from Nazi invad-
ers and Communist oppressors
and then landed in the United
States, where she flourished as a
diplomat and the first woman to
serve as secretary of state, died on
Wednesday in Washington. She
was 84.
The cause was cancer, her
daughter Anne said.
Enveloped by a veil of family
secrets hidden from her for most
of her life, Ms. Albright rose to
power and fame as a brilliant ana-
lyst of world affairs and a White
House counsellor on national se-
curity. Under president Bill Clin-
ton, she became the country’s
representative to the United Na-
tions (1993-97) and secretary of
state (1997-2001), making her the
highest-ranking woman in the
history of American government
at the time.
It was not until after she be-
came secretary of state that she
accepted proof, long suspected,
that her ethnic and religious back-
ground was not what she had
thought. She learned that her
family was Jewish and that her
parents had protectively convert-
ed to Roman Catholicism during
the Second World War, raising
their children as Catholics with- Named the United States’ chief delegate to the UN in 1993, Madeleine Albright, seen in Pristina, Kosovo, in June, 2005, and president Bill Clinton
out telling them of their Jewish clashed repeatedly with secretary-general Boutros Boutros-Ghali over peacekeeping missions in Somalia, Rwanda and Bosnia. ATDHE MULLA/AP
heritage. She also discovered that
26 family members, including titled Madam Secretary, Ms. Al- sites were reopened to inspection. policies. Conscious of television bright recalled decades later, after
three grandparents, had been bright wrote, “My deepest regret “Iraq has a simple choice,” Ms. cameras but remarkably natural learning the truth. “They talked
murdered in the Holocaust. from my years in public service is Albright said in a public warning in public, she strolled through about getting ready for various
With her father, a diplomat, the failure of the United States to Mr. Hussein. “Reverse course or crowded capitals (with discreet holidays, for Easter and Christ-
likely facing execution, the fam- and the international community face the consequences.” security guards) like a tourist with mas.”
ily’s odyssey from a Europe on the to act sooner to halt these crimes.” In an eleventh-hour move to free time on her hands. She recalled being “a very seri-
brink of the Second World War to It was a regret she repeated, in prevent war, UN secretary-gener- She was a diminutive presence ous Catholic” who loved the Vir-
safety in America took 10 years much the same words, in an inter- al Kofi Annan, carrying final with an assured style: impeccably gin Mary and “played a priest – I
and two escapes to London. The view for this obituary. terms drawn up by Ms. Albright, tailored and perfectly coifed, with was already playing male roles.”
first came as Nazi troops invaded Days after beginning his sec- flew to Baghdad and secured the touches of gold or pearl in her After the war, the Korbels re-
Czechoslovakia in 1939, and the ond term, Mr. Clinton nominated Iraqi leader’s agreement to re- brooches, an amused smile for turned to Prague. Mr. Korbel be-
second came after the family’s Ms. Albright as secretary of state. store unrestricted access to the the cognoscenti and eyes that came the Czech ambassador to
postwar repatriation, when Czech She was unanimously confirmed sites by UN weapons inspectors missed nothing. In meetings with Yugoslavia, and his family joined
Communists with Soviet support by the Senate (99-0) and soon and diplomatic chaperones. foreign diplomats, colleagues him in Belgrade. Ms. Albright re-
overthrew the government of made her first official trip not to a In December, 1998, the United said, she was firm but flexible, called her first diplomatic experi-
Czechoslovakia in 1948. foreign capital but to Texas, where States and Britain bombed scores prepared to move beyond her ences at the age of 8, when she ac-
In the United States, Madeleine she spoke at Rice University, de- of Iraqi military targets and re- talking points and to engage her companied her father to the Bel-
Korbel was a brilliant student, termined, she said, to take U.S. for- search installations to degrade counterparts in frank oval-table grade airport to meet visiting dig-
married into the wealthy Al- eign policy straight to the Ameri- Iraq’s ability to manufacture bargaining. nitaries.
bright-Medill newspaper family can people. weapons of mass destruction. “So often in diplomacy, it’s all “I was a little girl in Czech na-
and wrote many books and arti- “As secretary, I will do my best set pieces,” an aide told The New tional costume when foreign vis-
cles on public affairs. She also to talk about foreign policy not in York Times. “You say this and I say itors came to Belgrade,” she said
climbed the ranks of the Demo- abstract terms, but in human Her performance as that and the meeting ends and in the obituary interview. “I greet-
cratic Party to pinnacles of suc- terms and bipartisan terms,” she nothing happens. But she engag- ed them and gave them flowers.”
cess as a counsellor to president said. “I consider this vital because secretary of state won es. And in contrast to nearly all Worried about exposing their
Jimmy Carter and as a foreign-pol- in our democracy, we cannot pur- high marks from career her predecessors, she doesn’t daughter in Belgrade state
icy adviser to three presidential sue policies abroad that are not diplomats abroad and hide policy differences, but brings schools to Marxist indoctrination,
candidates: former senator Wal- understood and supported here ordinary Americans at them out, and speaks very direct- however, the Korbels sent Marie
ter Mondale of Minnesota in 1984, at home.” ly of them, saying things like, to a private school in Switzerland
governor Michael Dukakis of Mas- She then embarked on a nine- home. Admirers said ‘Here’s what we agree on, here’s and changed her name to Made-
sachusetts in 1988 and Mr. Clinton nation world tour, with stops in she had a star quality, what we don’t. Let me tell you leine.
in 1992. Rome, Paris, London, Brussels, radiating practicality, what the real problem is.’ ” When Communists seized
She was largely unknown until Bonn, Moscow, Tokyo, Seoul and versatility and She was born Marie Jana Korbe- power in Prague in 1948, Mr. Kor-
Mr. Clinton took office as presi- Beijing, a getting-to-know-you lova in Prague on May 15, 1937, the bel was forced to resign and again
dent in 1993 and named her chief circumnavigation that showed off a refreshingly oldest of three children of Josef became a wanted man. Unwilling
delegate to the United Nations. her grasp of issues, her language cosmopolitan flair. and Anna (Speeglova) Korbel. to return to Prague, he joined a UN
Over the next four years, she be- skills and her centrality as Mr. Her father was a press attaché in commission and sent his family to
came a tough advocate for the Clinton’s chief foreign-policy Ms. Albright championed NA- the Czech embassy in Belgrade, London and then on to the United
global interests of the United maker and spokeswoman. TO bombings in Kosovo that halt- Yugoslavia, and had worked for States. The family was reunited in
States. But she and Mr. Clinton She generated excitement ev- ed attacks on ethnic Albanians by Czechoslovakia’s first democratic New York, given political asylum
clashed repeatedly with sec- erywhere, and appeared to have a Yugoslavian forces in 1999. She al- president, Tomas Masaryk, who and settled in Denver, where Mr.
retary-general Boutros Boutros- wonderful time. so promoted ratification of the retired in 1935, and his successor, Korbel became a professor at the
Ghali over peacekeeping oper- “Everybody has their own Kyoto Protocol on climate Edvard Benes. University of Denver.
ations in Somalia, Rwanda and style, and mine is people to peo- change. But American diplomats Hitler’s annexation of the Su- At the Kent Denver School, Ma-
the Bosnian civil war. ple,” she said on a walk in Rome. in Africa said she had failed to detenland and later invasion of deleine Korbel founded an inter-
Mr. Clinton had heartily en- “I’m trying mine, and I am enjoy- heed warnings that foreshad- Czechoslovakia forced Benes to national relations club and gradu-
dorsed humanitarian and peace- ing it.” owed truck bombings in 1998 that flee to London. After 10 days in ated in 1955. At Wellesley College,
keeping operations when U.S. As Mr. Clinton’s top diplomat killed 224 people at the U.S. em- hiding, Mr. Korbel, targeted for ex- she studied political science, edit-
troops entered Somalia in 1992 to during relatively peaceful years, bassies in Nairobi, Kenya, and Dar ecution by the Nazis, followed ed the school newspaper and
feed starving victims of civil war. Ms. Albright dealt with regional es Salaam, Tanzania. with his family. Mr. Korbel worked graduated with honours in 1959.
But when 18 U.S. troops were slain conflicts in Bosnia and Herzegovi- Throughout her tenure, Ms. Al- for the Benes government-in-ex- She also became a U.S. citizen in
by the forces of a Somali warlord na, Kosovo, Haiti, Northern Ire- bright opposed the proliferation ile. He and his wife had two more 1957.
in 1993 and the nation saw televi- land and the Middle East, but no of nuclear weapons in rogue children, Katherine and John. On a summer internship at The
sion images of a dead helicopter wide wars. She promoted the ex- states. But on a visit to North Ko- Like millions of Londoners, the Denver Post, she met Joseph Me-
pilot dragged through the streets pansion of NATO into the former rea’s leader, Kim Jong Il, in Octo- family endured the Luftwaffe air dill Patterson Albright, the grand-
of Mogadishu, Mr. Clinton retreat- Soviet bloc nations of Eastern Eu- ber, 2000, she was unable to strike raids of 1940-41. Ms. Albright re- son of Joseph Medill Patterson,
ed from politically risky UN mis- rope and defended continued ec- a deal to limit his country’s ballis- called nights in shelters and hid- who founded The Daily News of
sions. onomic sanctions against Iraq. tic-missile program before Mr. ing under a steel table at home as New York, and the nephew of Al-
Thus the United States, like A crisis on Ms. Albright’s watch Clinton left office. bombs fell. icia Patterson, the founder and
most other member states, held developed in late 1997 and early Still, her performance as secre- With the outcome of the war in editor of Newsday on Long Island.
back from aiding a small force of 1998, after Iraq’s president, Sad- tary of state won high marks from doubt and the fate of Jewish fam- In 1959, Madeleine Korbel mar-
UN peacekeepers when Rwanda dam Hussein, blocked the access career diplomats abroad and or- ilies in a postwar Nazi Europe too ried Joseph Albright and convert-
descended into genocide and of UN inspectors to sites where dinary Americans at home. Ad- horrifying to contemplate, the ed to Episcopalianism. The couple
rape in 1994. As many as one mil- Iraqi chemical and biological mirers said she had a star quality, Korbels, in a wrenching decision, had three daughters, twins Alice
lion people were killed. Ms. Al- weapons of mass destruction radiating practicality, versatility converted to Roman Catholicism and Anne, and Katie, and were di-
bright put the onus on Mr. Bou- were believed to have been hid- and a refreshingly cosmopolitan in 1941. They had their children vorced in 1983.
tros-Ghali, calling him “disen- den in violation of a Security flair. She spoke Czech, Polish, baptized, observed Catholic rites In addition to Anne, she leaves
gaged.” But Mr. Boutros-Ghali said Council resolution passed at the French and Russian. and holidays and, to preserve her other two daughters, along
he had been rebuffed when he end of the 1991 Persian Gulf War. Unlike her immediate prede- their assumed identities, and pos- with her sister, Kathy Silva; her
tried to see the president to seek After months of warnings and a cessor, Warren Christopher, a re- sibly their lives, fabricated a fam- brother, John Korbel; and six
support. U.S. military buildup in the re- served foreign-policy wonk who ily history of Christian memories. grandchildren. She lived in Wash-
Years later, Mr. Clinton apol- gion, Ms. Albright and Mr. Clinton saw his role as Mr. Clinton’s diplo- “My parents talked about how ington.
ogized for the United States’ inac- threatened to launch devastating matic lawyer, Ms. Albright was an they met, and how they were
tion in Rwanda. In a 2003 memoir aerial attacks on Iraq unless the aggressive advocate of Clinton high-school sweethearts,” Ms. Al- NEW YORK TIMES NEWS SERVICE

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