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Maple Chronicles 🇨🇦
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Always fresh maple syrup with a generous dosage of political analysis
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Forwarded from Topic du jour
🎈UFO shot down by $400K US missile may have been a $12 hobby balloon

The Northern Illinois Bottlecap Balloon Brigade fears one of its diligently-tracked gasbags that recently went missing was mistaken as the mystery object taken out by the military over Canada on Feb. 12.

The Pico Balloon — a silver-coated, cylindrically shaped object — reported its last position at 38,910 ft. off the west coast of Alaska on Friday, Feb. 10.

🇨🇦By Saturday, based on the balloon’s projected path, it would have been over the central part of the Yukon Territory around the same time a military Lockheed Martin F-22 shot down an unidentified object of a similar denoscription and altitude in the same Canadian vicinity.

Each missile used to shoot down unidentified objects costs about $400,000.

$400K down the drain🤡

🚀Topic du jour | Fighting the good fight
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🇨🇦🇨🇳CSIS documents reveal Chinese strategy to influence 2021 election

According to The Globe and Mail:

▪️Beijing had two goals: to seek return of minority Liberal government and defeat Conservatives perceived to be hawkish

▪️Chinese officials and diaspora groups were used in disinformation campaigns against Conservatives

▪️Undeclared cash donations among tactics employed to support preferred political candidates

#China

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1. Justin Trudeau wears a mask
2. Gets the booster
3. Removes the mask because the booster immediately protects him

Because, apparently, that's how biology works 🤦🏻‍♂

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Nearly 40% of Canadians borrowing money to cover daily expenses

🔹The percentage of Canadians who borrow money to cover daily expenses increased from 26% in 2020 to 38% in September 2022, according to the Financial Consumer Agency of Canada.

🔹Proportion of Canadians who used online lenders or payday loans more than tripled from August 2020 to September 2022, increasing from under 1.5 percent to over 4.5 percent.

🔹Researchers said that around 41 percent of Canadians reported they didn’t have sufficient emergency funds to cover unexpected expenses, while 25 percent said they regularly spent more than their monthly income.

The agency’s findings were based on monthly questionnaires posed to 1,000 Canadians nationwide between August 2020 and September 2022.

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Forwarded from Blood Meridian
🇨🇦🇺🇸Illegal immigrant apprehensions across Canada-US border jump 846 percent in fiscal 2023

Apprehensions and encounters by the U.S. Border Patrol in the northern Swanton Sector—ports of entry in Vermont, New Hampshire, and northeastern New York—have drastically increased this fiscal year, with Mexicans accounting for the majority of illegal individuals trying to cross into the United States from Canada.

In January 2023, Customs and Border Protection officials at the Swanton Sector recorded 367 apprehensions and encounters, surpassing the past 12 years’ January apprehensions, which had totaled 344.

For the fiscal year-to-date from October 2022 to January 2023, there has been an 846 percent jump in encounters and apprehensions compared to the same period in fiscal year 2022.

☠️ Blood Meridian
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B.C. premier says no plans for early election, as poll finds majority expect 2023 vote

The poll, conducted by Vancouver-based Research Co., found 53 per cent of respondents believed it was either “very likely” or “moderately likely” that B.C. will have a provincial election in 2023.

B.C.’s next election is currently scheduled for October 19, 2024 under the province’s fixed-election law.

#BritishColumbia

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Protesters mark anniversary of police crackdown on freedom convoy in Ottawa under emergencies act

A group of protesters gathered on Parliament Hill on Feb. 18 to mark the anniversary of the removal of Freedom Convoy demonstration in Ottawa following the invocation of the Emergencies Act by the federal government in February 2022.

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🏦Senate calls for more transparency from Bank of Canada

The Senate committee on banking, commerce and the economy published a report looking at the causes of high inflation and the state of the economy. The report did not make any formal recommendations, but it did suggest that parliamentarians should spend more time looking at monetary policy issues.

“What is evident is the need for enhanced Parliamentary oversight over the deployment of fiscal and monetary tools, particularly in times of crisis and uncertainty. The Bank of Canada should be more transparent and periodically make public its assessment of the effect of its interventions on inflation and on the evolution of key economic indicators,” - the report states.

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🇺🇸🇨🇦U.S. and Canada call off search for unidentified airborne objects that were shot down

While the U.S. did successfully locate debris from the Chinese balloon it shot down on Feb. 4, both countries have come up empty-handed in the search for three other unidentified objects. After multiday efforts, both U.S. and Canadian officials called off their searches on Friday.

U.S. fighter jets would later shoot down unidentified airborne objects near the Alaskan northern coast on Feb. 10, over Canada's central Yukon on Feb. 11 and over Lake Huron near Michigan's Upper Peninsula on Feb. 12.

#US

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🇨🇦Chronicles of the week: Feb. 13-19

▪️Premiers accept federal health-care funding proposal. Roughly $46.2 billion will be sent to the provinces and territories over 10 years.

▪️Canada seeks to recover two objects shot down over Yukon and Lake Huron but later calls off the search.

▪️Trudeau attends a meeting with Caribbean leaders in the Bahamas and, as a result, plans on deploying Royal Canadian Navy vessels off the coast of Haiti in the coming weeks.

▪️John Tory steps down as mayor of Toronto after admitting to a relationship with a former office member.

▪️Protesters gather on Parliament Hill to mark the anniversary of the removal of Freedom Convoy demonstration in Ottawa.

#digest

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Forwarded from ASIANOMICS
🇨🇳🇨🇦 China says “never interfered” in Canadian elections

China has rejected allegations it interfered in Canada’s federal elections. The Chinese Consulate-General in a statement said the accusations “will damage the friendship and interests of the peoples of both countries”. The statement further urged “the relevant media to abide by professional ethics, immediately stop smearing and attacking China.”

The statement followed a report in The Globe and Mail newspaper, citing confidential intelligence documents. The report said that Beijing had interfered in the 2021 federal election.

China’s government used diplomats and proxies to lead disinformation campaigns aimed at boosting certain candidates of the Liberal party – the party considered more favorable to Beijing – against their Conservative rivals, the paper reported.

#China #Canada

@asianomics
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National anthem singer changes 'O Canada' lyrics at NBA All-Star game

During her pre-game performance Jully Black, a Canadian R&B singer, sang ‘O Canada! Our home on native land,’ rather than the official lyrics of ‘and native land’. The singer put a heavy emphasis on the alteration, taking a vocal pause.

◾️The last official change to Canada’s national anthem was in 2018, when its lyrics were updated to make them gender-neutral, changing “all thy sons command” to “all of us command.” There is no proposed legislation to make further changes to the anthem as of now.

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Legault says Roxham Road must be ‘priority’ for Trudeau at meeting with Biden

In a letter to Trudeau, François Legault wrote that the federal government urgently needs to complete the renegotiation of an agreement with the U.S. that has pushed asylum seekers to enter Canada at the irregular border crossing, known as Roxham Road.

“Roxham Road will have to be closed eventually, whether we like it or not. Therefore, I am asking you to make this a priority subject during your upcoming meeting with the U.S. president, Mr. Biden.” - Legault.

📈More than 39,000 people claimed asylum after they were intercepted by the RCMP crossing Canada’s land border into Quebec in 2022, compared with 369 in the rest of the country.

In total, around 64 per cent of all asylum claims in Canada in 2022 were made in Quebec.

Trudeau is set to meet with Biden next month.

#Quebec #Legault #Trudeau

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🦠Unprecedented avian flu outbreak continues to wreak havoc in Canadian flocks

Avian flu outbreak has forced the cull of millions of birds in Canada, with the federal government paying out tens of millions of dollars in compensation.

There have been about 7.2 million domestic birds affected by H5N1 avian influenza, or bird flu, in Canada since this strain of the virus was first detected in the country more than a year ago.

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Canada will soon get a new electoral map

The federal Conservatives are likely to gain the most once Canada’s new electoral map is set in place later this year.

Number of electoral districts will increase from 338 to 343:

◾️Alberta is getting 3 new seats. The Conservatives currently hold 31 of 34 seats in that province.

◾️British Columbia is getting 1 new seat, a seat that is being carved out of southern B.C.’s interior, a region that tends to vote Conservative.

◾️Ontario gets 1 new seat. Toronto itself loses a seat, dropping from 25 to 24. The Liberals currently hold every seat in Toronto.

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💰Canada's inflation rate slows down to 5.9%

📉For the first time in a year, Canada's inflation rate slowed to under six per cent last month, coming in at 5.9 per cent in January.

It follows a 6.3 per cent inflation rate in December, and falls below the predicted 6.2 per cent rate.

📈Despite the overall inflation rate dropping, grocery prices are up 11.4 per cent from last year.

Statistics Canada says the price of meat, which saw a 7.3 per cent bump, drove much of the uptick. Meanwhile, the cost of bakery products was up 15.5 per cent, dairy products 12.4 per cent and fresh vegetables 14.7 per cent.

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Poilievre urges PM to close Roxham Road border crossing within 30 days

The Conservative Leader Poilievre blamed PM Trudeau for the surge of migrants and accused him of encouraging irregular crossings at Roxham Road during a Tuesday news conference.

Quebec Premier François Legault also pressed Trudeau for action on Roxham Road.

▪️“Quebec has taken on a completely disproportionate share of asylum seekers in Canada. Since the fall of 2022, we have seen the rate of arrivals increasing and this influx cannot continue. Quebec’s capacity to take care of the asylum seekers has now been largely exceeded,” - Legault states.

▪️“So that is why Conservatives are calling for the Prime Minister to implement a plan to close the Roxham Road crossing within 30 days from now,” - Poilievre says, adding that immigrants arrival in Canada needs to be handled in an orderly and lawful fashion.

📍Roxham Road, an unofficial border crossing, runs across the Canada-U.S. border between Quebec and New York State, and has been a pathway for tens of thousands of people seeking refugee status in Canada.

#Legault #Poilievre #Trudeau

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B.C. announces additional $180M to help communities prepare for natural disasters

The Ministry of Emergency Management and Climate Readiness says it will add $180 million to support projects that help communities prepare for and mitigate the effects of natural disasters.

Premier David Eby said the additional funds are coming out of the province's $5.7 billion budget surplus, bringing the government's total contribution to the community emergency preparedness fund to $369 million since its inception in 2017.

#BritishColumbia

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Legault to visit Newfoundland and Labrador for talks on Churchill Falls deal

François Legault
will travel to Newfoundland and Labrador on Thursday for two days of talks on a new Churchill Falls hydroelectricity deal.

The 1969 agreement with Newfoundland and Labrador allows Hydro-Québec to purchase the majority of the electricity generated at the station in central Labrador — and therefore reap most of the profits.

As of 2019, the deal has yielded close to $28 billion in profits to Quebec, compared to just $2 billion for Newfoundland and Labrador.

The Newfoundland and Labrador government established a panel last year to prepare for the negotiations and examine how the province could benefit when the current agreement ends in 2041.

The panel recommends the provincial government to negotiate a new arrangement for sales to Hydro-Quebec.

#Legault #Quebec #Newfoundland #Labrador

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💰Quebec pension fund posts negative return

Quebec's pension fund, the Caisse de dépôt et placement du Québec, posted a negative return of 5.6 per cent in 2022, a year marked by a simultaneous decline in the stock and bond markets.

The net assets of Quebecers' savings decreased by $18 billion to $402 billion as of Dec. 31, 2022.

Caisse president and CEO Charles Emond noted that the first half of the year was marked by the "worst simultaneous correction" in the stock and bond markets in 50 years. "In this extraordinary environment, all our asset classes managed to outperform their indices, while there were few places for investors to hide."

#Quebec

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Violent incidents on TTC in 2022 were up 46 per cent

🔹A new report from Toronto Transit Commission CEO Rick Leary says there were 1,068 offences against customers last year compared to 734 in 2021 and 666 in 2019.

The reported offences are majorly assault, sexual assault, robbery, theft, threatening, harassment, and indecent exposure.

🔹A Nanos survey earlier this month found about 71% of people in Ontario currently feel less safe using public transportation than they did in February 2022.

🔹In addition to the increasing violence, following the pandemic the TTC has been struggling with ridership, with Leary’s report saying it currently sits at 60% of pre-pandemic levels.

#Ontario

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