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Toronto's Stunning Skyline Transformation Captured In A Single GIF

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Toronto has been experiencing a real estate boom since the turn of the century. You hear about it all the time, but it's difficult to visualize just how dramatically Toronto has changed over the last 14 years.

But thanks to the city's Planning and Growth Management Committee you can take in the totality of Toronto's transformation in just one GIF.



Condos have played a huge roll in Toronto's metamorphosis. According to the city, roughly 50 per cent of all building permits in the first three quarters of 2014 were for high rise residential developments.

Meanwhile, the total number of building permits issued by the city has exploded. In 2000, the city granted less than 30,000 permits. In 2013, it issued more than 45,000.

No wonder Toronto's skyline has gone from being dominated by the CN Tower and a few bank buildings to looking more like the horizon in Hong Kong.

Whether you're waiting for the bubble to burst or believe the boom will never end, it's truly amazing to see just how far Canada's largest city has come in such a short time.

(H/T Blog TO)

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Alberta Oil Patch Feeling The Pinch As Prices Fall

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CALGARY - If low oil prices stick around much longer, the operations manager at Lac La Biche Transport Ltd. says he may have to lay off workers.

Kevin Warawa says business is down by about a quarter compared with the same time a year ago and oilsands operators that hire his company to haul equipment in northeastern Alberta are pushing for rates to be cut by 20 to 25 per cent.

"Some of them cancelled projects completely. Some of the other customers said that they won't be getting back to production until probably the third quarter at least," he said from Lac La Biche, Alta., about 200 kilometres northeast of Edmonton.

So far, the company hasn't had to let go of any of the roughly 130 workers it employs this time of year, usually the busiest for the oilpatch. But if things keep up, "there will be guys going home," said Warawa.

These aren't the massive truck-and-shovel mining operations north of Fort McMurray, Alta., that tend to come to mind when one thinks of the oilsands.

To the south of what is typically seen as the oilsands epicentre, communities are expecting some pain from sub-US$50-a-barrel oil, but they're taking the challenges in stride.

In these parts, crude is extracted by pumping steam through wells. Projects are normally built in smaller, more bite-sized chunks compared with their mining counterparts. Workers live in communities like Lac La Biche, Bonnyville and Cold Lake — all within a five-hour driving distance of Fort McMurray.

Companies active in the area include Canadian Natural Resources Ltd. (TSX:CNQ), MEG Energy Corp. (TSX:MEG), Cenovus Energy Inc. (TSX:CVE) and Imperial Oil Ltd. (TSX:IMO).

Canadian Natural said earlier this month it was deferring its $1.45-billion Kirby North project near Lac La Biche. MEG has chopped its 2015 budget by three quarters.

Meanwhile, Cenovus plans to spend up to $1.6 billion at its nearby Foster Creek and Christina Lake developments this year, but is holding off on developing longer-term projects elsewhere in northern Alberta. Imperial has massive oilsands operations near Cold Lake, with its 40,000-barrel-per-day Nabiye expansion in the process of ramping up.

Warawa has been in the business 30 years and even though "it hurts," he knows the doldrums won't last forever.

"It'll always come back. The money they've spent is too great. They just can't shut it down and walk away from it."

Ron Briscoe, president of the Lac La Biche and District Chamber of Commerce, said he's noticed a shift in mood.

"I think, up until the last couple of weeks, people were holding their breath," he said. "It's now kind of turned over to being worried."

The area has a sizable "shadow population" — temporary residents who come to the region for work and live in hotels and camps. The 2013 municipal census found this group made up about 26 per cent of the county's population of 12,000.

"They're the same people eating at our local restaurants and shopping at our local clothing stores," said Briscoe.

"If the price of oil stays low long enough for the oilpatch to slow down and those shadow population residents move away. That means fewer customers for local businesses, lower profits and then some hard decisions have to be made by our local retail business about cutting costs, streamlining staff or closing altogether."

Teri Moghrabi manages a sporting goods store in Lac La Biche. Sales are OK so far, but he wouldn't be surprised to see a slowdown if oilpatch jobs are cut.

"Once people start feeling that pinch, we'll feel it," he says. "When we come to that point, we'll feel it, because everything we sell here, nothing's a necessity. Everything we have here, the majority of it is luxury items."

His uncle, Omer Moghrabi, is the mayor of Lac La Biche. Oil is by far the biggest game in town, but lumber and tourism are important, too.

"Every six or seven years there's a correction in the industry," said the mayor. "What happens is the first people who feel the effects of it are the service providers and the contractors and that's happening. They're starting to lay people off."

Even still, he said the mood is optimistic.

"We're a hearty bunch here in this area," he said. "We just hold steadfast. We'll be fine."

If anything, there's a bit of silver lining: contracts to build new roads and other infrastructure will likely become more affordable as the oilpatch slowdown frees up labourers.

In Cold Lake, closer to the Alberta-Saskatchewan boundary, Mayor Craig Copeland also sees some benefits. The community of about 15,700 has an extremely young population and has been growing rapidly. Lower construction costs and some cooling in the rental market would be welcome developments.

The price of oil isn't what keeps Copeland up at night. Delays in building new pipelines out of Alberta cause far more worry.

"If we don't get a pipeline to the United States and get some straws touching the ocean, I think, for our area, that is more of an issue," he said.

The mood in Bonnyville, a community between Lac La Biche and Cold Lake with about 7,000 people, is one of caution, said Mayor Gene Sobolewski.

"I've been around the block a few times and if I reacted every time the market dropped and I lost money on my mutual funds — well, I'd be a basket case."

On a scale of one to ten, Sobolewski said his concern level about the oilpatch's spending decisions is at about a one or a two.

But as for how the provincial government may react — especially when it comes to provincial funds and grants for municipalities — it's more like a six or seven.

"That's where I think the biggest worry is, because the province tends to be very, very reactive," he said.

"There seems to be sort of a panic that's evolving through the halls of the legislature."

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Slowing Population Growth To Hit Canada Harder Than Most: Report

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The global economy grew at “unprecedented speed” over the past 50 years, but this “growth bonanza” is set to come to an end as population growth slows, says a new study.

And Canada is projected to see more pain as a result of this than just about any other country, thanks to the country's long-running reliance on population growth as an economic driver.

GDP growth per person in Canada will be 57 per cent slower in the next 50 years than it was, on average, in the past 50 years, according to the report from McKinsey & Company.

Only Saudi Arabia and Mexico are projected to see their economic potential shrink more. The U.S., by comparison, is expected to see its economic growth rate shrink by only 28 per cent over the next half century.

As a result, Canada’s per capita GDP growth is expected to clock in at just 0.8 per cent per year over the next half century, compared to 1.9 per cent per year over the past 50 years.

This suggests that future generations of Canadians will see their income and wealth grow more slowly than their predecessors, unless Canada’s economy can compensate in other ways for the slowdown.




The population of the world was 3.2 billion 50 years ago, and grew 125 per cent to 7.2 billion by last year. It’s expected to grow to 10.1 billion by 2064, a much smaller, 40-per-cent increase.

The global economy expanded six-fold over the past 50 years, with per capita income growing three-fold, thanks in equal parts to rapid population growth and productivity gains. But the global economy is projected to grow only three-fold in the next 50 years, making it “more difficult to meet social and debt obligations,” the McKinsey report states.

Canada has arguably been more dependent than most countries on population growth to power its economy.

For example, one explanation for why Canada’s housing market didn’t bust out when the U.S.’s did is that Canada is seeing much stronger population growth in the age group that buys first homes than the U.S. has seen in recent years.

(The flipside of this is that slow population growth could dampen the housing market, which is what the Bank of Montreal expects to happen when the home-buying-age population starts shrinking in 2018.)

The McKinsey report suggests the days of relying on a booming global population to drive wealth are coming to an end. It estimates that, to compensate for slower growth in the size of the workforce, productivity growth would have to be 80 per cent faster than it has been to keep GDP running at the pace it has been in the past half century.

That’s not impossible, the McKinsey report argues. In fact, three-quarters of the increases in productivity growth we need to make to keep up economic growth simply consists of adopting “best practices” -- using the most efficient existing methods of doing things.

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WestJet Flies To Gander Airport Once Again

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WestJet is returning to Gander, N.L.'s retro airport after an absence of 10 years.

The airline announced Gander and Houston, Texas as new destinations, as it rolled out its 2015 summer schedule in a Monday news release.

"Gander is a small but mighty town, now the third WestJet destination in the province, set to benefit from the growth of Newfoundland's offshore oil boom and the established business-traveller market between Alberta and 'The Rock,'" the release said.

The airline will operate two once-a-day flights through Gander: one from Toronto from May 3 to Oct. 24, and one from Halifax from July 15 to Oct. 24.

WestJet started flying to Gander in 2003 but later cut its service there in 2005, citing "market conditions," CBC News reported at the time.

If anything, the newly-revived service could breathe new life into a spectacular airport facility whose departures lounge looks like it's straight out of the 1960s.

The lounge has been named among the "Top Ten Endangered Places" by Heritage Canada The National Trust, but Gander's airport authority has challenged the facts surrounding its inclusion.

The airport authority is, however, undergoing consultations about building a new terminal building.

Check out photos of Gander's retro airport right here:



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IMF Cuts Global Forecast As China Records Slowest Growth In 24 Years

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TOKYO - The International Monetary Fund lowered its forecasts for global growth over the next two years, warning Tuesday that weakness in most major economies will trump gains from lower oil prices. The IMF's report was released as China reported its slowest growth in 24 years.

The IMF downgraded projections it issued in October by 0.3 percentage point each, predicting global growth at 3.5 per cent this year and 3.7 per cent in 2016.

But even with those reductions, the world economy will be growing faster than in 2014, when the IMF estimates it expanded 3.3 per cent. Much of the momentum is coming from an accelerating recovery in the U.S., the world's largest economy.

China reported Tuesday that its economic growth slowed to 7.4 per cent last year, the weakest expansion since 1990, compounding the challenges for the country's communist leaders as they try to overhaul the economy.

Europe, Japan and Russia are also logging slower growth, while the U.S. is a rare bright spot.

"The recovery in the U.S. is quite strong and therefore it will continue, despite the appreciation of the dollar," Olivier Blanchard, the IMF's director of research, told reporters in Beijing in a briefing broadcast online.

The advanced economies are forecast to expand by 2.4 per cent in 2015, a smidgen higher than earlier thought, and at the same rate in 2016. Growth in developing economies is forecast to slip to 4.3 per cent from an estimated 4.4 per cent in 2014, but then recover to 4.7 per cent in 2016.

The IMF forecast Canadian growth for 2015 at 2.3 per cent, down 0.1 per cent from its October 2014 prediction. Canadian economic growth in 2016 is pegged at 2.1 per cent by the IMF, down 0.3 per cent from last October.

"New factors supporting growth — lower oil prices, but also depreciation of the euro and yen — are more than offset by persistent negative forces, including the lingering legacies of the crisis and lower potential growth in many countries," Blanchard said.

Diminished expectations for many economies are discouraging investment, which in turn is undermining potential future growth, the report said. Blanchard described Russia's outlook as "quite bleak" and said the slower growth in China would hurt nations it imports from, especially in Asia.

"The most obvious risks involve stagnation in the eurozone, or Japan, or both," Blanchard said.

Massive monetary and fiscal stimulus have yet to trigger strong corporate spending in Japan, where companies are pessimistic about a rebound in consumer demand because of the country's shrinking and aging population.

Still, the 55 per cent plunge in oil prices in U.S. dollar terms since September is raising the purchasing power of consumers and businesses in Japan and many countries, while also raising demand among oil importers. It also reduces pressure on central banks to raise interest rates to cool inflation.

That presents a "complicated mosaic" of implications, Blanchard said, with some countries reaping windfalls in energy savings while others face smaller tax and export revenue.

Overall, weaker prices for oil and other commodities are sapping growth prospects for countries in the Middle East, sub-Saharan Africa — especially Nigeria and South Africa — and Latin America. China's slowdown will stunt growth throughout developing Asia.

Among the key trends and possibilities it outlines:

—World trade will accelerate in advanced economies, growing 3.7 per cent in 2015 and 4.8 per cent in 2016, up from 3.0 per cent last year. But growth in trade volume will fall this year in emerging markets such as China before rebounding to expand 6.1 per cent in 2016.

— Weaker oil prices will drag on inflation, with consumer prices rising only 1.0 per cent in the advanced economies and 5.7 per cent in emerging markets.

— Volatility in prices for oil and other resources has raised risks in global financial markets, with a potential for destabilizing outflows of money from emerging markets.

— Geopolitical risks such as turmoil in the Middle East and war in Ukraine remain high, though ample supplies have reduced the likelihood of serious supply disruptions.

— Lower oil prices could give both producing and consuming countries the leeway to enact energy reforms. Eliminating subsidies may free up resources for helping the poor or building needed infrastructure.


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Fast Food Chains To See Intense Competition As Canadians Cut Back: Report

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TORONTO - Restaurant chains like Tim Hortons, McDonald's and Subway are expected to face more pressure in the coming years as Canadians scale back on eating out.

A new study from research firm NPD Group says Canada's food services industry will grow by less than one per cent annually over the next five years, a "modest rate" that signals an era of more intense competition.

"There are going to be winners and losers in the restaurant industry this coming year," said Robert Carter, executive director of the NPD Group's Canadian food service division in a release.

"Restaurant operators who remain relevant by giving consumers what they want can be the winners, but it will require continually staying on top of trends and understanding what is resonating most strongly with consumers."

Fast-food chains, known within the industry as quick-service restaurants, generate $23 billion in sales in Canada each year, with about 4.3 billion visits from customers, NPD Group said in its report, "2020 Vision: The Future of QSR."

Growth is expected to be hinged mainly on larger populations in the foreseeable future, rather than an increase in the total number of visits per capita, which are expected to decline, the report said.

Over the past several years, the food services industry has generally witnessed a decline in customer transactions.

Former Tim Hortons (TSX:THI) chief executive Marc Caira highlighted the urgency of the downturn last year when he unveiled a slate of new menu items designed to draw customers in for lunches, rather than just their morning coffee.

Others in the food services industry have broadened their menus, like Subway which launched a more aggressive promotion of its breakfasts and McDonald's which brought in poutine and wraps for more health-conscious diners.

The NPD Group said customer demands are evolving, with more people looking for restaurants that offer take-out and drive-thru options. Overall, that part of the business is expected to grow 10 per cent against in-store visits.



Canada's 'Buy American' Legal Warning Brushed Off By Alaska

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OTTAWA - Alaska is refusing to budge after the Harper government issued a legal threat over the state's plan to build on Canadian soil with exclusively American iron and steel.

In fact, the Alaskans insisted Tuesday that they're moving ahead with their project to build a new ferry terminal in British Columbia — protectionist provisions and all.

This week, the Canadian government took the unusual step of signing a legal order to prevent Alaska from imposing "Buy American" policies on the construction work in the B.C. coastal city of Prince Rupert.

International Trade Minister Ed Fast went on the offensive after the state rejected Ottawa's demands that it abandon a rule requiring the Prince Rupert project to use only U.S.-made materials.

The rarely used Foreign Extraterritorial Measures Act would enable Ottawa to impose fines and take legal action against the project's winning bidder if it complies with the Buy American provisions.

But an official in the Alaska governor's office said Tuesday that the state intends to proceed with the ongoing call-for-tenders process and will deal with Canadian legal manoeuvres as they come.

"We're going to respond to that action if and when it occurs," Patricia Eckert told The Canadian Press in an interview.

Eckert, associate director for international trade in Gov. Bill Walker's office, said the last day to submit bids for the ferry project is Friday.

She said she expects Canadian companies, if they choose to bid on the project, would be "highly competitive."

But since the project is receiving 91 per cent of its funding from the U.S. federal government, and just nine per cent from Alaska, it must adhere to "Buy American" restrictions. That means the project must use U.S. iron and steel.

Fast said Monday that Canada asked the governor to seek a waiver to remove the protectionist barrier. Walker declined that request, Eckert said.

"The reason Gov. Walker chose not to seek the waiver is that Alaskans and Americans benefit from the Buy America requirement," she said.

The Canadian government signed the FEMA order for the Prince Rupert project, which is expected to cost around US$15 million, on the grounds it hurts the country's interests.

Fast's office has said the only other time Ottawa used FEMA was in 1992 in response to a U.S. attempt to restrict trade between Cuba and American-owned subsidiaries based in Canada.

The order permits Ottawa to take action against the project's winning bidder if it follows protectionist U.S. legislation — action that could lead to fines against the contractor and police investigations.

A conviction under FEMA could mean a fine of up to $1.5 million for a corporation or up to $150,000 for an individual, as well as up to five years behind bars, according to information provided Tuesday by a spokesman for Fast.

"A waiver would have resolved this issue, allowing it to move forward without delay," Rudy Husny wrote in an email.

"Alaska is denying Canadian companies, on Canadian soil, the opportunity to compete, and the clear benefits that arise from our integrated supply chain."

The minister wasn't immediately available for comment Tuesday, Husny said.

Asked about the legal risks contractors could face from Canada, Eckert responded: "We're going to let the bid process proceed and trust that people will make their own decisions."

The construction project is part of an agreement in a 50-year lease signed in 2013 between the Prince Rupert Port Authority and the Alaska Department of Highways.

The Alaska Marine Highway has operated the terminal for more than 50 years as well as ferry service between Prince Rupert and the state.

Eckert said if the cross-border dispute causes an "inordinate delay," the Alaskan government is prepared to continue its ferry service using existing facilities in Prince Rupert for the next several years, or until the feud is sorted out.

"There's no emergency," she said.

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Medical Marijuana Vapour Room Set To Serve Veterans With PTSD

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New Brunswick's first medical marijuana vapour room has opened in Oromocto, just down the road from 5th Canadian Division Support Base Gagetown.


Marijuana For Trauma Inc. has expanded its Restigouche Road facility to include the new room, saying it is a necessary support for Canadian Forces veterans and others suffering from post-traumatic stress disorder (PTSD).


The vapour room will allow those who pay a $5 annual membership fee to try out different machines to vaporize their prescribed marijuana.


Vaporizing heats the marijuana until it releases a vapour, which is then inhaled.


"It's more like a support group for people," said employee Tara McCarron. "There's a lot of people who are new to this, and their friends aren't as accepting. And they want to come in and share experiences, and get to know people who are going through the same kind of journey they are," she said.


"You know, it's a hard road by yourself. This is so people don't feel alone."


Marijuana For Trauma already caters primarily to veterans and the vapour room is just an extension of the other free services offered, such as assisting with getting coverage through Veterans Affairs, said McCarron.



Employee and veteran Cory Pike expects most of the people who will use the facility have PTSD, like him.


Pike, who also suffered constant pain after two operations on disintegrating discs in his back, says he used to take heavy prescription drugs while on base to get through the day.


But when he later discovered medical marijuana worked much better, with fewer side effects, he only used that at home.


"There's such a big stigma around marijuana, guys just keep things hid," he said. "They want to keep it quiet and on the down-low. No one wants to smell like marijuana going back to work, you're working for the federal government, you're in a uniform."


Attitudes may be changing, however. Veterans Affairs Canada will now pay $300 toward the purchase of a vaporizer by a veteran with a prescription for marijuana.


The vapour room will be open Monday through Friday, from 9 a.m. until 4 p.m.


No smoking, drinking, or guests are allowed.




'Timber Kings' Show Off The Potential Of Log Homes (PHOTOS)

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Despite the stereotype, not all log homes have to be built in the woods.

No one knows that better than Bryan Reid Sr., founder of Pioneer Log Homes and one of the stars of "Timber Kings." The HGTV Canada reality show follows the company as it custom builds log homes in Williams Lake, B.C., takes them apart, then ships and re-assembles the structures on sites in North America and Europe.

From a cozy cabin in Newfoundland to a jaw-dropping mansion in Colorado (currently listed for US$7.9 million), the "Timber Kings" are natural ambassadors of these earth-friendly homes.

timber kings log cabin

"Logs store energy, and radiate energy back into the house," Reid told The Huffington Post B.C. in an interview, pointing out that many of his builds have geothermal pumps. "The log home is so efficient ... My heating bill can be one quarter of what a conventional framed house's is.”

Log homes are a good way to lower your carbon footprint because they're made from a renewable resource with low environmental impact, says Reid. His company recycles wood from dismantled structures, and is also committed to reforestation, planting more than seven million tree seedlings since it was founded in 1973.

"The people purchasing our homes generally are those who care about the world around them,” Reid said.

Reid has constructed log homes in all kinds of locations, from downtown Kamloops to a ski hill outside Kelowna; one of the projects in the upcoming second season is a 15,000 sq.-ft. home in Langley.

bryan reid sr

Reid never expected to end up on TV when he founded Pioneer Log Homes back in the '70s. He says the new fame is a bit startling, especially since his passion is to create top-quality homes rather than be a celebrity. But he is also proud of his team (which includes son Bryan Jr.) and their accomplishments.

"Every one of the Timber Kings are characters and possess what it takes to go the extra mile,” he said. “We all complement each other through economics, creativity, patience, stubbornness, artistic ability, and above all, work ethic."

Check out some of the log homes built by the "Timber Kings":




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Students Tell Government They Won't Work For Free On Logo For Canada's 150th Birthday

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Many young Canadian designers are expressing outrage that the federal government would ask them to work for free.

The Association of Registered Graphic Designers (RGD) has launched a campaign to boycott the Canadian Heritage ministry's competition to find a logo for Canada's upcoming 150th birthday in 2017.

Anchored with the hashtag #MyTimeHasValue, the campaign seeks to highlight how design competitions have become a means for companies and governments to obtain free work from designers, particularly when they're young. The logo competition is open only to post-secondary students.

While the creator of the winning logo will receive $5,000, RGD president Stüssy Tschudin says that doesn't even begin to be fair.

"Imagine 500 students enter the contest. Each student spends 10 hours on a design, which totals 5,000 hours of work. At minimum wage in Ontario ($11), this amounts to $55,000 worth of free labour," said Tschudin in an email. "The fact that one of those students will receive a prize doesn’t negate all of that other free labour."

Tschudin also questions why the government is spending money promoting the contest on social media instead of developing a "fair process to identify a select number of deserving candidates to design the logo."'







Asked whether RGD has a point regarding unpaid work, Heritage Minister Shelly Glover's spokesperson provided a statement to HuffPost Canada.

"Canada’s 150th is for all Canadians. The Canada 150 Logo Challenge is an effort to engage youth in Canada’s history and to encourage them to celebrate our country’s birthday," said Marisa Monnin in an email. "We have tremendous faith in our youth’s creative excellence."

Tschudin wishes the government had been more creative and fair in highlighting the "achievements and talent of Canadian youth."

He suggests the feds could have identified a group of students via their schoolwork and connected them with professional design firms. Everyone could have been compensated. The government could then have showcased all of the designs as part of the birthday celebrations. The students would have gained valuable experience and exposure as well as the more traditional value provided by money.

"There are so many ways the government could have involved students in this project while ensuring each of their contributions was valued," said Tschudin. "It’s unfortunate that the process they chose has each student working in isolation, without any real engagement, any feedback, any opportunity to gain from the experience or have their work seen or celebrated by anyone."

Graphic Designers of Canada, which grants certification to designers, is also against the competition. The group has launched a petition calling on the government to shut down the competition and implement a process similar to that suggested by Tschudin. The petition has more than 5,500 signatures and has gained the support of NDP Leader Thomas Mulcair.

"The current contest process risks taking advantage of students by undermining the value of their design work, Mulcair said in a statement. "This is certainly not the legacy Canadians would want for such a joyous and historical event."

Canadian Heritage has actually already run at least one major focus group looking for a birthday logo.

In 2013, Heritage paid $40,000 to focus-group five logos that the department created in-house.

canada 150th birthday logos
The proposed logos created by Canadian Heritage.


The designs received mixed reactions from Canadians, but many professional designers were even less impressed. Some of them banded together to offer up alternative logos.

Story continues below slideshow



The current competition is actually an echo of the process used to find a logo for Canada's 100th birthday. However, that contest failed to yield a usable design and the government eventually turned to professional firms.

Stuart Ash, who designed the logo that was eventually used, thinks turning to a competition once again is a mistake.

"Canada has come a long way since those early years in the 1960s where design was merely considered an 'applied art,'” Ash said in a statement. "Through the efforts of a large and talented design community we have evolved into a highly skilled and specialized profession."

Speculative work has become extremely controversial in the design industry. A video that went viral in 2012 highlights how other professionals would never accept a speculative work model.



"Could you hold a contest and get hundreds of lawyers to write your will and then only pick and reward one?" the video asks.

The #MyWorkHasValue campaign has taken off online, with many young people expressing their frustration about being asked to work for exposure and just the possibility of pay.




















Others see the contest as another example of government excess and incompetence.








But not everyone thinks the contest is a bad idea.








This is not the first time the government has become embroiled in a debate over unpaid work.

Late last year Bank of Canada governor Stephen Poloz suggested that young Canadians struggling to find work should look to unpaid internships and volunteer work to gain more experience. His comments sparked outrage on social media and the government soon distanced itself from Poloz's remarks.

Federal Employment Minister Jason Kenney said soon after that the comments sent the "wrong message." Kenney suggested that it's better for youths to take paid positions to gain experience and that employers need to take more responsibility for training students.

Barack Obama Throws Dig At Keystone XL Pipeline In State Of The Union

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WASHINGTON - U.S. President Barack Obama delivered a dig at the Keystone XL pipeline and drew a politically revealing standing ovation from Democrats during his state of the union address Tuesday.

It illustrated the political headwinds now confronting the Canadian oil-infrastructure project: The president voiced his increasingly blunt disdain, and a vocal cheering section from his party roared in approval.

Obama took his latest shot from the biggest political stage of the year, the annual prime-time speech to Congress, with a final decision on the oilsands project expected from him within weeks.

He didn't bother mentioning Keystone by name. But the target was obvious. The president teased Republican opponents who have made a bill on the pipeline their very first priority of the 2015-16 Congress.

It wasn't the first time he mocked the meagre job-creation potential of the project. But it was the first time he publicly teased lawmakers for making it a priority, instead of a massive infrastructure bill he'd rather see.

"Let's set our sights higher than a single oil pipeline," Obama said, drawing cheers from his party and stony silence from his opponents.

"Let's pass a bipartisan infrastructure plan that could create more than 30 times as many jobs per year, and make this country stronger for decades to come."

Later in the speech, he called climate change the greatest threat to future generations.

It was a rare stark passage in a mostly upbeat address.

At one point, the president rattled off a series of encouraging economic numbers with shrinking deficits, growing employment, and expanding stock markets. He mischievously pointed out that this was the exact opposite of what his opponents spent years predicting: exploding deficits and economic decline.

Staring into a congressional chamber now dominated by those Republican critics, Obama added: "This is good news, people."

He topped it off with a playful wink. And when Republicans began a sarcastic cheer later in the speech, as he mentioned that he'd run his last election, the president interjected: "Because I won both of them."

Since the debacle of the November midterm elections for his party, Obama has responded with some of the most aggressive actions of his presidency: reopening relations with Cuba, a climate deal with China, and a controversial executive order deferring deportations for four million immigrants.

His poll numbers have improved since then.

A Wall Street Journal-NBC survey found more optimism now over the economy than at any point over the last decade. It also found that for the first time in two decades a plurality of respondents expressed optimism that the country was headed on the right track. And it found his personal approval at 46 per cent — his highest level in two years, comparable to Ronald Reagan's at the same stage in his presidency, much higher than George W. Bush's, but much lower than Bill Clinton's.

Obama began his speech by trying to frame the story of his presidency.

It's a story his defenders will likely be repeating for his last two years in office, and beyond. The basic narrative chosen by Obama is one of a presidency that began in crisis, and emerged stronger.

"We are fifteen years into this new century. Fifteen years that dawned with terror touching our shores; that unfolded with a new generation fighting two long and costly wars; that saw a vicious recession spread across our nation and the world. It has been, and still is, a hard time for many," he said.

Then, in the key line of his speech, which the White House had flagged in a series of excerpts emailed to reporters earlier in the day: "Tonight, we turn the page."

Jobs are now being created at the fastest pace since 1999, he said. Unemployment is now lower than it was before the financial crisis. More kids are graduating from college, more people are insured than ever, and dependence on foreign oil is lower than at any point in almost 30 years, he said.

But he lamented that too many Americans don't benefit from that growth.

Indeed, the U.S. ranks near the bottom of OECD countries with respect to income inequality. Canada falls just below the average, but that's still significantly ahead of its southern neighbour among the group's 34 countries.

Obama called on Congress to introduce a child-care plan like the one that existed during the Second World War, maternal leave like virtually every other developed country today, and changes to the tax code that move away from benefiting the wealthy in favour of the middle class.

"Middle-class economics works. Expanding opportunity works," he said.

There's almost no chance of Obama's main domestic-policy priorities making it into law. Very little of last year's speech did. But he warned lawmakers a year ago that he would take executive actions where they didn't — and that's what happened.

In one example from the past year, he asked lawmakers to give Americans a raise to a $10.10 minimum wage. They didn't, so he signed an executive order guaranteeing that wage for employees of federal contractors.

Obama also asked for an immigration bill last year. When it was clear he wouldn't get one, he responded by temporarily deferring deportations for more than four million people.

That announcement infuriated his opponents, who called the move unconstitutional. A prominent hawk on immigration, Iowa member Steve King, huffed Tuesday to his Twitter followers that one of the president's guests in the gallery would be "a deportable," a university student whose family is allowed to stay in the country under Obama's order.

With the economy starting to grow, opponents have begun hitting Obama on foreign policy.

Some questioned passages in his speech that celebrated American soldiers being mostly out of Iraq and Afghanistan. They also accused him of exaggerating military successes against ISIL.

They noted the Islamist rebellions raging around the world — with Yemen in danger of political collapse just this week, and murders in places as distant as Nigeria and Ottawa.

The Republican response was delivered by rookie Senator Joni Ernst.

She mentioned the Ottawa attacks, and also Keystone.

"The president’s own State Department has said Keystone’s construction could support thousands of jobs and pump billions into our economy, and do it with minimal environmental impact," said the Iowa rookie, who gained fame last year for a campaign video that referred to her past career as a pig-castrating farmer.

"We worked with Democrats to pass this bill through the House. We're doing the same now in the Senate. President Obama will soon have a decision to make: will he sign the bill, or block good American jobs?"

Tuesday's poll that showed increased economic confidence also asked a question about the pipeline: Two-thirds of respondents who expressed an opinion supported the project.

However, the proportion of those who expressed no opinion was almost as high as the 41 per cent who supported the project.

Oil's Collapse The Subject Of The Day As Bank Of Canada Releases Interest Rate Decision

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OTTAWA - The Bank of Canada will release its latest monetary policy report this morning — a document expected to explore the economic damage inflicted by falling oil prices.

Central bank governor Stephen Poloz will also make an announcement on the country's trend-setting interest rate — which is widely expected to remain at one per cent.

It has been at that level since September 2010.

The bank's analysis of the oil slump comes as some Canadian industries reel from the sharp plunge in oil prices, which are down more than 55 per cent since the highs of last June.

The decline in oil prices is also expected to shave billions of dollars from the bottom lines of federal and provincial governments.

Last week, the federal government took the rare step of delaying the budget until at least April so it could assess the effect of tumbling crude.



Toronto, Vancouver Among Cities Seeing Falling Wages

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You’ve probably read stories about how Canada’s wage growth is nothing to write home about, but new research from the Broadbent Institute adds a surprising dimension to the story: No fewer than 15 of Canada’s 32 largest metro areas saw incomes slide during 2006-2012.

Economist Andrew Jackson, a senior policy adviser at the Broadbent Institute, compiled StatsCan wage data to see how Canadian incomes have held up in the era of the Harper government.

Adjusted for inflation, overall median wages rose a paltry 3.5 per cent during that time, or a little more than half a percentage point per year, Jackson found.

This is certainly a better performance than some other advanced economies, but basically represents a very, very modest increase,” Jackson wrote on the Broadbent Institute’s blog.

That's true enough: The International Labour Organization recently found that Canada has had the second-highest wage growth among the developed economies of the G20.

All the same, nearly half of the metro areas covered by StatsCan actually saw inflation-adjusted wages fall during this period, including Toronto (down 2.8 per cent) and Vancouver (down 3 per cent).

That’s worrisome, because these two cities saw sizeable jumps in the cost of living during that time. Toronto house prices grew by some 37 per cent between 2006 and 2012, while Vancouver house prices grew about 62 per cent, according to Teranet’s house price index.

Change in wages, 2006-2012, by province (story continues below)

wages by province
Source: Broadbent Institute

The “rust belt” cities of southern Ontario were particularly hard hit, with Windsor seeing a massive 13.9-per-cent decline in wages, followed by Oshawa (down 6.5 per cent) and St. Catharines (down 4.1 per cent).

All four of the B.C. metro areas surveyed saw declining wages, led by Abbotsford (down 5 per cent) and Victoria (down 4.8 per cent).

Overall, Ontario (down 1.7 per cent) and B.C. (down 2.4 per cent) were the only provinces to record wage declines during that time.

Some cities saw tremendous wage growth, mainly those that benefitted from the energy boom that is now decidedly over.

St. John’s, Nfld., led the way with a 23.9-per-cent increase in wages, with Saskatoon (up 17.8 per cent) and Regina (up 15.2 per cent) following.

Provincially, Newfoundland was the hands-down winner, with wages there rising 37.7 per cent (albeit from a relatively low level). Saskatchewan came in second (up 25 per cent) while Alberta took third (up 12.9 per cent).

But falling oil prices are likely to put a damper on those strong wage hikes, Bank of Canada Governor Stephen Poloz said this week, as he unveiled a surprise lending rate cut.

“We have an oil price shock which will reduce the income flowing into Canada, and lead probably to some increase in unemployment over all,” Poloz said.

Change in wages, 2006-2012, by metro area

wages by city
Source: Broadbent Institute

Also on HuffPost:

Tom Mulcair Promises To Reverse Funding Cuts To CBC

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The NDP is promising to restore $115 million to the CBC.

NDP Leader Tom Mulcair made the election commitment in Montreal on Thursday.

Mulcair said the public broadcaster has been cut by both Liberal and Conservative governments and that an NDP government would commit to restoring the recent cuts made by the Conservatives in the 2012 budget.

That means increasing current funding to CBC/Radio-Canada by $115 million over three fiscal years in hopes it will allow the public broadcaster to evolve in a changing media landscape, Mulcair said.

Mulcair said both the French and English arms of the CBC had a big influence on his life and he grew up watching and listening to both.

"CBC has been my window to this great country," he said.

In April of last year, the CBC announced it would cut 657 jobs over two years to allow the organization deal with a $130-million budget shortfall. While cuts in the federal budget have affected the corporation's budget, losing the rights to broadcast NHL hockey to Rogers has also had a serious impact on the bottom line.

The NDP is also promising to put in place an independent process to name members of the CBC's board of directors. Mulcair accused the Conservatives of loading the board with donors and former candidates and said board members should have more expertise in the media world overall.

A spokesperson for the CBC said the broadcaster is continuing to implement is "A space for us all" strategy to deliver the best content and meet Canadians' shifting needs based on the budget it receives from Parliament.

"That said, however, as we repeatedly pointed out before the CRTC, due to the changes and disruptions currently affecting the industry at home and abroad, the current broadcasting business model is no longer viable," Julie Page wrote in an email to CBC News.

"Given how fast technology is changing, we believe it’s now more vital than ever to have a strong public broadcaster."

The Prime Minister's Office said the CBC faces "challenges in this rapidly changing media environment to which no mainstream broadcaster is immune."

"The CBC's viewership has declined, despite getting more than $1 billion in direct subsidies every year from taxpayers. CBC is responsible for its own operations, and it is up to the CBC to provide programming that Canadians actually want to watch and listen to," a PMO spokesperson wrote in email to CBC News.

Mortgage Rates May Not Fall After Bank Of Canada Rate Cut, Experts Say

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TORONTO - Homebuyers hoping for another pullback in already low mortgage rates following this week's surprise quarter-point cut in the Bank of Canada's key overnight rate are likely feeling some disappointment.

The central bank's decision to push its usually trend-setting rate down to 0.75 per cent has made it cheaper for the country's commercial banks to borrow money, but that doesn't mean they will pass the savings on to customers by slashing prime rates, financial experts say.

At least, not unless the borrowing market forces their hand.

"The banks will charge whatever the market will bear, unless there's a change in demand," said Colin Cieszynski, chief market strategist at CMC Markets in Toronto.

"If people still accept the mortgage rates banks are offering now ... then it's a win for the banks."

When the central bank announced its rate cut on Wednesday, the widespread expectation was that lenders would cut prime rates to 2.75 per cent from three per cent.

Those hopes were quickly crushed when several of the country's biggest banks showed they weren't ready to budge.

TD Bank (TSX:TD) decided to hold its prime rate steady, at least for now, while both Royal Bank (TSX:RY) and Scotiabank (TSX:BNS) said they would consider their options but weren't making any immediate decisions.

Canada's financial institutions aren't required to move in lockstep with the Bank of Canada rate, which sometimes means they don't, especially if it negatively affects their lending divisions, which make up a significant chunk of bank profits.

If one major bank sees the opportunity to lure borrowers away from its competitors it may latch onto the lower rate, which would almost certainly trigger others to follow suit.

"If you saw one do it, then you may see the whole group" make similar moves, Cieszynski said.



Story continues below



Several factors are at play when the banking industry considers how it lends to consumers.

Variable-rate mortgage rates are largely influenced by each commercial bank's prime rate, which finds direction from Bank of Canada rate decisions, but isn't a direct reflection on the benchmark rate.

Banks have traditionally have kept their prime rates within 25 to 50 basis points of the central bank.

The most recent exception was in December 2008 when the major banks reacted to the Bank of Canada's rate cut of 0.75 per cent by funnelling only part of that amount down to consumers — lowering their prime rate by 0.5 per cent.

Instances where the banks don't follow in lockstep with the central bank are rare, said Sebastion Patrizio, an adviser at Mortgage Intelligence.

"Historically every time the Bank of Canada rates move up or down the banks have a day or two later followed suit," he said.

"I would imagine that in the next day or so they'll probably start to drop those rates."

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Canadian Drilling Slowdown Threatens 23,000 Jobs; 'Companies Are Going To Die'

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Some 23,000 jobs related to Canada’s oil drilling industry could potentially disappear this year thanks to the oil price collapse, an industry group says.

The Canadian Association of Oilwell Drilling Contractors (CAODC) expects the number of active drilling rigs in service to drop by 41 per cent this year, as oil companies cut back on investment in new operations.

As recently as November, the group had forecast an average of 338 active drilling rigs this year.

“The new reality of $55 oil means that the entire industry will hurt for a period, and drillers and service rig contractors are not immune to that,” CAODC President Mark Scholz said in a statement.

The pain for drillers has already begun. Houston-based oilfield services companies Baker Hughes and Schlumberger have announced 16,000 layoffs between them in just the past few weeks, some of those in Canada. Halliburton laid off 1,000 people in December and hinted at further layoffs.

CAODC sees 3,400 Canadian drilling jobs disappearing this year, taking with them another 19,000 indirectly related jobs.

The drilling slowdown “will have significant adverse effects on indirect employment throughout the economy, well beyond just rig workers,” Scholz said.

The effects of lower oil prices are already impacting Canada's economy. Calgary’s housing market has taken a very rapid turn for the worse, and recent projections indicate lower oil prices will translate into nearly $14 billion in lost revenue for the federal government and provinces.

John T. Young, head of restructuring firm Conway Mackenzie, issued a dire warning about the industry Thursday. Drilling contractors are being squeezed by a "double whammy," he said: Struggling oil companies want major reductions to prices, while at the same time delaying their payments to oilfield services firms.

The second quarter is going to be devastating for the service companies,” Young told Bloomberg. “There are certainly companies that are going to die.”

CAODC’s Schulz takes a more positive approach than Young, noting — like many others — that oil has long been a boom-and-bust business, and has always rebounded.

“We have been through rough patches before and come out strong on the other end, and I’m confident that we will do that again, but right now, that’s going to involve buckling in,” he said.


Interest Rate Cut Gives You Breathing Room, Just Don't Borrow More: Experts

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MONTREAL — The Bank of Canada's surprise interest rate cut may provide some financial relief for borrowers, but experts say the main focus of Canadians should be getting their debts under control.

Despite the central bank's move, Canadians need to realize that today's rock bottom rate environment won't last forever, says Leon Garneau Jackson, BMO Global Asset Management's vice-president of sales for Eastern Canada.

"I don't see an immediate reason to panic, but rates will go up and that will put a stress on people's budgets,'' Jackson said.

The Bank of Canada cut its usually trend-setting overnight rate by a quarter point on Wednesday to 0.75 per cent.

The prime rates offered by Canada's big banks generally move up and down with the central bank rate. If they match the cut — something that didn't happen immediately this time — that means borrowers with mortgages and loans pegged to the prime rate will save money on the interest rate they are charged.

But that doesn't mean they should go out and borrow more.

Jackson suggests homeowners develop a plan to pay down mortgages and variable-rate loans while also thinking carefully before making big-ticket purchases.

While homeowners with floating mortgages might see some relief, they will also feel the pinch when rates head higher. That may prompt them to eventually lock in, although five-year fixed mortgages have been pretty low in the last few years.

Story continues below



The Bank of Canada has cited household debt as a key risk to the economy. However, the central bank said it did not believe the rate cut would lead to Canadians borrowing more due to the uncertainty in the economy.

At an event in St. Catharines, Ont., Prime Minister Stephen Harper even weighed in, urging Canadians to be careful about how much they borrow.

"Interest rates are low, but we don't anticipate the kind of low interest rates we've had for the past few years to last forever. They're bound to go up at some point, so Canadians should make sure they're taking debt that they can carry in the long term,'' Harper said.

"The evidence is the vast, vast majority of Canadian households can carry the debt that they have, in fact the debt servicing burden for Canadian households has continued to fall in recent years, but obviously there are some people who are overextended because of low interest rates, so we would just urge caution on their part.''

National Bank chief economist Stefane Marion says lower interest rates will raise disposable incomes and stabilize debt-to-disposable income ratios that have been rising with higher home prices.

While lower rates may support home buying in Central Canada, Marion sees little risk of a borrowing binge, especially if job prospects remain uncertain.

With inflation being low, he said central banks in many parts of the world will be slow to raise interest rates, removing any urgency to reduce debt or rebalance their investment portfolios.

"That's not the story for 2015 or 2016, so what applies to consumers also applies to investors in my view.''

Low Oil Prices Could Bring Skilled Workers Back To B.C.: Christy Clark

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VICTORIA - Go West, oil worker. British Columbia Premier Christy Clark is telling employees who find themselves out of a job because of dropping oil prices that her province needs skilled workers.

Clark told delegates at the annual Truck Loggers Association convention on Thursday that governments and businesses worldwide are concerned about dropping oil prices.

But she added that those declines won't sink B.C.'s targets for building liquefied natural gas plants, and weak oil markets could bring skilled workers back to her province.

B.C. needs workers for forestry, mining, construction and its proposed LNG plants, she said.

"Many workers from the oil sands who came from British Columbia will now be looking for work, so my call to them is come home," said Clark. "Come home, come home to your province where you were born and you want to raise your children."

Layoffs are expected in Alberta as energy companies start feeling the pressure of reduced oil revenues. Oil prices have fallen 50 per cent since last summer amid a glut of supply and 40 per cent just since the end of November.

The premier said the B.C. government is considering placing billboard advertisements at the airport in Fort McMurray, Alta., calling former B.C. residents to return home for jobs.

"We are a poorer country when oil prices are low, but having said that there is an opportunity in it," said Clark.

"Many workers from the oil sands who come from B.C. will now be looking for work. We need them in forestry. We need them in mining. We need them in construction and soon we will need them in LNG."

Despite falling oil prices, Clark said her government remains confident B.C. will have at least three LNG export plants in operation within five years.

At least 18 LNG proposals are in the works in B.C., but no company has made a final investment decision to proceed with an LNG export plant. Clark's government says the LNG industry could create up to 100,000 jobs and could be a trillion-dollar economic opportunity with the potential to earn billions in revenues for the province.

The premier acknowledged energy companies are eyeing their bottom lines with concern as oil prices drop. But she said she remains convinced LNG will proceed in the province, and the government's target of three plants operating by 2020 will be met.

"When you look at declining oil prices, one of the things that we see is the script that we had for LNG is not going to proceed ... in the way that we'd expected it to," she said. "It could change every week. We are still on track to meet our goal of three LNG plants."

The Opposition New Democrats said in a statement that Clark's previous boasts about LNG goals and targets are proving to be more hot air than reality.

The New Democrats pointed to a February 2013 statement from Clark that said: "The money is going to start coming in 2017, and we're going to have three plants up and running by 2020, the first one by 2015."

Clark said her government will table its third consecutive balanced budget next month. She said the budget will not include LNG revenue forecasts.

CBC Bans Paid Appearances By On-Air Journalists

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CBC is barring all on-air journalists from doing paid appearances in the wake of a scandal concerning host Amanda Lang's ties to big business.

CBC Radio's Matt Galloway broke the news on Twitter.




The following memo was sent to CBC staff on Thursday and was shared online by former foreign correspondent Frank Koller.

CBC/Radio-Canada holds itself to the highest standards of journalistic integrity. Our standards and practices are among the most rigorous in Canadian media.

However, a changing environment in which the public expects more transparency from institutions and the media is making the practice of paid outside activities for our journalists less acceptable to audiences.

At CBC/Radio-Canada, any on air journalist who wishes to accept an invitation to speak, to moderate debates or to take part in other public appearance must make sure that the activity does not represent any real or perceived conflict of interest. He or she must also get permission from his or her supervisor to do so.

Given that paid appearances can create an adverse impact on the Corporation, CBC/Radio-Canada will no longer approve paid appearances by its on-air journalistic employees. In order to further our commitment to transparency, we will continue to disclose all appearances on our websites.

We are fiercely proud of our content and our people. We believe this approach will allow us to remain focused on our primary goal of delivering quality journalism to all Canadians.

Jennifer McGuire, General Manager and Editor in Chief, CBC News and Centres

​​Michel Cormier, Executive Director, News and Current Affairs, French Services


In an editorial for the Globe and Mail, “The Exchange” host applauded the new change, saying she would “no longer accept paid appearances.”

Lang explained in retrospect, she acknowledges she should have been upfront with her colleagues about her romantic relationship with Royal Bank of Canada board member Geoffrey Beattie.

“... in my mind, it was then a private matter. When it became more serious and more public, I disclosed to my producers in order to manager any issues around stories we were covering,” she wrote.

Last week, media criticism website CANADALAND reported Lang tried to “sabotage” a story on RBC’s treatment of temporary foreign workers.

The claim triggered speculation about a possible conflict of interest after it was also revealed she was paid by RBC to speak at bank-sponsored events. Details about Lang’s personal life, specifically her relationship with Beattie, were also disclosed.

In an interview with The Toronto Star, Lang denied the allegation she tried to “kill the story,” adding she “received no money from RBC; that is not in dispute”

“To say otherwise is an outright falsehood,” she said.

The change follows renewed controversy after a series of scandals involving some of the public broadcaster’s top journalists.

Earlier, Lang’s reputation as a reporter was subject to scrutiny after CANADALAND reported she accepted money from insurance company Manulife for two speaking events in July and August.

The website criticized Lang for not disclosing the paid engagements during an TV interview with Manulife president Donald Guloien in September.

Chief news anchor Peter Mansbridge and pundit Rex Murphy also found themselves at the centre of their own controversies after accepting fees to deliver speeches at oil industry events.

CBC’s ombudsman Ester Enkin defended Mansbridge at the time, saying he did nothing wrong.

She also urged management to address its protocols for speaking fees and the conflict-of-interest perception they may cast on the broadcaster if they are accepted by employees and freelancers.

On Thursday, the CBC confirmed its new rules will not apply to freelancers.


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Tiny Home In North Vancouver May Be Small, But It's Also Gorgeous (PHOTOS)

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tiny home bc

The tiny home phenomenon is nothing new, especially in an ever-rising real estate market such as Vancouver. But just because these spaces are small doesn't mean they can't be beautiful.

John McFarlane specializes in such homes with his Lower Mainland company Camera Buildings. Photos of one of his designs, created for local resident Isabella Mori, popped up on reddit earlier this week.

The photos show a bright, fresh, modern-looking space. The bed pulls out, and there are some floorboard cupboards for extra storage — plus plenty of kitchen counter room.

tiny home vancouver

"I think it's a great solution, not for everybody, obviously, but for a certain market segment it meets a lot of needs," McFarlane told The Huffington Post B.C., explaining that a lot of people want something affordable and flexible that still holds its own aesthetically.

"It's the things that they want in terms of functionality — a nice kitchen, a nice bathroom — something that is higher quality than other products that are out there, and it does it in a small package."

Mori's home, which is on wheels and is currently parked in an RV park on the North Shore, is approximately 190 sq.-ft. It cost her around $39,000 — pennies compared to many of the prices in Vancouver's housing market, which was just named the second least affordable in the world.

Plus, no matter the size, a great sense of pride comes with owning your home.

"That feeling of autonomy is great," 50-year-old Mori, a mental health worker in the Downtown Eastside, told HuffPost B.C. "You're not waiting to hear that your building is being torn down."

H/T Vancouver reddit

See more photos of Mori's home:




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