Cabinet’s lowering of usury rates from 48 to 35 percent annually is insufficient, says a Liberal-appointed senator. Payday lenders charging ten times the criminal interest rate remain exempt: "Do you find 35 percent not to be an exorbitant amount?"
A Sunday Poem: “Warsaw”
Poet Shai Ben-Shalom writes: “There’s a restaurant in Warsaw where the ghetto used to be. 450,000 Jews…”
Review: Portrait Of An Underdog
Forty summers ago John Turner lost an election no Liberal leader could have won. Years later he told a friend, “I need your help rehabilitating my reputation.” To his death in 2020 Turner was a caricature who spent a pointless few weeks as prime minister.
“He felt enormous pressure to make something of himself, to be of service to his fellow man in some regard, and at the same time he doubted his ability to do it,” writes biographer Steve Paikin. “It was a contradiction that went to the core of his being. He enjoyed success and privilege, yet he was wracked with insecurity and a certain fragility.”
Paikin’s biography is poignant and funny, affectionate and candid. Hear Turner speaking to his wife in the 1970 October Crisis: “If I ever get kidnapped don’t let anyone pay the ransom.” See Turner giving an inspirational talk to ladies in the office: “You’re a f—king all star!” This is gold.
Campuses Lead In ‘Jew Hate’
Universities are now a leading source of vulgar anti-Semitism, professors yesterday testified at the Commons justice committee. MPs were told campuses “began convulsing with anti-Semitic activity” following the Hamas killing and kidnapping of Jews in Israel last October 7: "Is this all disintegrating?"
Promises Drug Plans Are Safe
No Canadian should lose workplace drug coverage under a national pharmacare plan, Health Minister Mark Holland said yesterday. His remarks contradicted insurers’ claims that Bill C-64 An Act Respecting Pharmacare may disrupt coverage for millions: "No company would do that."
Senator Protests Registry Act
A Liberal law mandating disclosure of corporate ownership is a privacy breach that exposes investors to “ambulance chasers,” a Liberal-appointed senator said yesterday. Senator Toni Varone (Ont.), a former contractor, said names of shareholders are none of the public’s business: "How do you maintain privacy?"
Animal Rights Clause OK 9-3
A Senate committee yesterday by a 9-3 vote agreed to grant cabinet broad powers to criminalize possession of wild animals in Canada. The Fur Institute of Canada called it “deeply concerning.”
Firms Must Show They Care
Federally registered corporations would have to report annually on how they are benefiting society under a private Senate bill introduced yesterday. Senator Julie Miville-Dechêne (Que.) sponsored the unprecedented measure: 'Minimize any harm the corporation causes to wider society.'
Bill Targets Zoos & Fur Farms
Liberal-appointed senators yesterday proposed legislation to grant cabinet federal powers to criminalize possession of all wild animal species in Canada. Members of the Senate legal and constitutional affairs committee expressed astonishment at the scope of the bill: 'So this would allow the government to ban fur farming?'
Aid 6,000 Homeless At $561M
Federal aid worth more than a half billion annually reduced the “point-in-time count of homeless persons by about 6,000 people,” the Budget Office said yesterday. The homeless population overall had grown since 2018 despite the spending, wrote analysts: "It costs half a billion dollars for the Prime Minister to drive up homelessness."
Learn How To Shop, Say Feds
Canadians aren’t getting internet bargains because they won’t shop around, says the Department of Industry. The remark followed senators’ complaints that prices charged consumers do not appear to match cabinet claims of large savings: "My bill didn’t go down 26 percent, what are you talking about?"
Worried Over Loan Renewals
Canada’s chief bank inspector yesterday said interest rate shocks on mortgage renewals remain a top risk. Peter Routledge, Superintendent of Financial Institutions, said billions in variable rate, fixed payment home loans were particularly worrisome: "Mortgage payments no longer cover the full interest costs or the principal."
Here Comes Success: LeBlanc
Public Safety Minister Dominic LeBlanc yesterday said he's ensuring success for shippers with a new October 21 start date to collect border tariffs electronically. Shippers and Customs officers predict a costly failure: "We have no confidence in where we are now."
Guilbeault Garbles Tax Claim
Environment Minister Steven Guilbeault yesterday garbled figures in claiming the carbon tax has cut greenhouse gas emissions by a third. Guilbeault itemized figures totaling about two percent of emissions, not 33 percent: "I will be the first one to recognize it is complex."
Find Little Carbon Tax Benefit
The carbon tax has no impact on most greenhouse gas emissions in Canada, a Department of Environment manager said yesterday. John Moffet, assistant deputy minister, said the fuel tax likely affected only a third of emissions at best: "It is impossible."