This week, the Toronto Stock Exchange became the first in the world to launch a Bitcoin exchange-traded fund. We talk to some lucky investors who got in early and look at what's driving the major surge in Bitcoin's price.
This week, the Toronto Stock Exchange became the first in the world to launch a Bitcoin exchange-traded fund. We talk to some lucky investors who got in early and look at what's driving the major surge in Bitcoin's price.
China's medical products regulator said on Thursday that it had approved two more COVID-19 vaccines for public use, raising the number of domestically produced vaccines that can be used in China to four. The two newly cleared vaccines are made by CanSino Biologics Inc (CanSinoBIO) and Wuhan Institute of Biological Products, an affiliate of China National Pharmaceutical Group (Sinopharm). They join a vaccine from Sinovac Biotech approved earlier this month, and another from Sinopharm's Beijing unit approved last year.
Alphabet Inc's Google will change procedures before July for reviewing its scientists' work, according to a town hall recording heard by Reuters, part of an effort to quell internal tumult over the integrity of its artificial intelligence (AI) research. In remarks at a staff meeting last Friday, Google Research executives said they were working to regain trust after the company ousted two prominent women and rejected their work, according to an hour-long recording, the content of which was confirmed by two sources. Teams are already trialing a questionnaire that will assess projects for risk and help scientists navigate reviews, research unit Chief Operating Officer Maggie Johnson said in the meeting.
The Dow and the S&P 500 notched their biggest daily decline since late January. The Treasury note yield rose above S&P 500 dividend yield, wiping out the stock market yield's strong advantage. Apple Inc, Amazon.com Inc, Microsoft Corp, Alphabet Inc, Facebook Inc and Netflix Inc dropped between 1.2% to 3.6%.
COVID-19 is here to stay, France and Germany said on Thursday, after European Union leaders discussed ways to fight new variants of the virus, step up inoculations and save Europe's tourism industry from another ruinous summer. Leaders of the 27 EU member nations agreed in a video conference to keep "tight restrictions" on public life and free movement as the bloc races against the emergence of new variants that are holding back an economic rebound. "We have to prepare for a situation where we have to continuously vaccinate for a longer period of time, maybe over years, due to new coronavirus variants, akin to the situation we know from the flu," said German Chancellor Angela Merkel.
Bonhomme Carnaval has been a great success so far, says Centre Culturel La Ronde’s executive director Lisa Bertrand. The two-week carnival wraps up Saturday, Feb. 27, with a virtual Bill Bestiole show, a concert from the Lapointe family and the reveal of Bonhomme. Wednesday, the centre held a cooking workshop with Julie Lefebvre, who’s a member of La Ronde’s fundraising committee. During the live-streamed event, Lefebvre showed people how to make a green salad and Coquilles Saint-Jacques, a dish involving shrimps and scallops. When choosing what to cook, Lefebvre said she was looking to make something that would cater to everyone. For those who aren’t into seafood, Lefebvre advised using chicken instead. “It is a perfect winter meal on a snowy carnival day,” she said, adding Coquilles Saint-Jacques is her favourite dish to make. La Ronde’s technical director Luc Chalifoux was on hand, helping set up the equipment to live stream the event on Facebook and Zoom. The carnival has had a lot of great feedback, according to Bertrand. She said Bonhomme has been making visits to different schools in Timmins and Iroquois Falls. “The kids were so happy even though there were some kids Bonhomme said hi through the window. We went to schoolyards and we kept our social distancing,” Bertrand said. The virtual dance class with Melissa Kelly-Lavoie attracted around 600 to 800 students, Bertrand said. The window decorating contest has wrapped up and people can vote for the best-decorated window on La Ronde’s Facebook page until Friday at 5 p.m. The unveiling of Bonhomme’s identity will be announced Saturday. This year, three dance teachers were chosen as candidates. Voting for who is Bonhomme closes Saturday at 10 p.m. “We are pre-recording the reveal of the Bonhomme because we have three dancers, so we’re going to have a different way of revealing this year,” Bertrand said. Dariya Baiguzhiyeva, Local Journalism Initiative Reporter, TimminsToday.com
Starboard, which owns a 7.7% stake in ACI, had urged the company to hire advisers and consider a sale in December, two months after calling it an "attractive" takeover candidate. M&A activity in the payments sector has accelerated over the last few years as companies need scale against the backdrop of increasing complexity and technology requirements for e-commerce.
Hawksbills are the most beautiful of the sea turtles, and this video is proof! Check it out!
The invitation to a foot race set Dave Murphy on the path to changing his life. In 2018 he was leaving the neighbourhood park with his daughter. The pair were walking back to their Calgary home when she asked her father if he wanted to race home. The now 45-year-old Murphy was pushing 400 pounds and still dealing with the ramifications of a late-night altercation in Ontario more than two decades earlier. He was 17 then and that altercation left the Grand Falls-Windsor native without part of the muscle in his left leg. Parents can have a hard time saying no to their children, and Murphy is no different. However, due to his health, he had to tell his daughter they couldn’t race. The look he was met with sparked something. “That look of disappointment on her face, I will never forget. That lit a fire under me,” said Murphy. “That was the thing and the biggest reason for her and my wife, to be around longer for them. “I was headed in a bad direction.” He was 391 pounds when he started, and he now sits at 235 pounds. Almost three years later, Murphy has dropped 155 pounds and isn’t showing any signs of slowing down. When he started, Murphy set himself a 100-pound goal to reach. To help keep himself in check, he added a stipulation to that goal. For every pound he lost, he would make a $1 donation to military veterans and first responders. “First responders saved my life in 1994. I was attacked and knifed 13 times, so I wouldn’t have even made it if it wasn’t for first responders,” said Murphy. “So, I needed a way to stay motivated, so I made a pledge online that I was going to lose 100 pounds and donate a dollar a pound.” The son of preachers — his parents were Salvation Army officers — Murphy always believed in paying it forward. At each of his family's stops, he saw the benefits of giving and supporting something bigger than himself. First responders saved his life in Ontario, and he has spent the last two-plus decades paying them back. It started with dropping off a tin of coffee at fire stations every week and that morphed into several other initiatives that supported military veterans. Things like sending Tim Hortons gift cards to soldiers and The Gratitude Project were a way for Murphy to say thank you. “I just want to pay it forward and help as many people as I can,” said Murphy. To date, Murphy figures he’s donated more than $3,000 with the help of people who have matched his donations to the volunteer organization Can Praxis. Can Praxis is an organization that offers mental-health recovery programs to Canadian military veterans and first responders who have an operational stress injury or post-traumatic stress disorder. Founded in 2013, the Alberta-based group uses equine therapy to accomplish its goals. “Dave has done great and his support for Can Praxis and for veterans and first responders has been meaningful,” said Steve Critchley, a facilitator with Can Praxis. Weight loss journeys are never easy. Ask anyone in the middle of one. For Murphy, there were days when he didn’t want to hit the gym or head to his boxing sessions. On those days, he’d think of his family and of the first responders he was raising money for. “They're running into burning buildings and fires while people are running out of them, and here I am not wanting to go (to the gym),” said Murphy. “Whenever there is a day I don’t want to go, I think about those guys and I’m like, ‘alright, let's go.’” Benchmarks for success come in different forms. When looking at the work Murphy has done for his well-being, these benchmarks come in the form of his family. It was an interaction with his daughter that started him on his fitness journey and it’s another interaction with his daughter that reaffirms his commitment. Often the pair would go to a play centre near the family home. Whenever his daughter would hit the obstacle course, Murphy would sit on the benches and watch. There was no way he could muster the energy to join her. Before the centre’s shutdown due to the pandemic, Murphy was able to hit the course alongside his daughter. “I got a second chance at life,” said Murphy. Nicholas Mercer, Local Journalism Initiative Reporter, The Central Voice
India's largest brokerage Zerodha is facing a backlash from traders who saw their equity positions abruptly closed during an exchange glitch, amidst criticism that a lack of communication from the country's top bourse caused losses. The National Stock Exchange (NSE) suddenly shut down for nearly four hours on Wednesday, blindsiding traders. As the NSE did not swiftly update whether, and when, it would reopen, brokers began closing intra-day equity positions on another exchange later, leading to sharp losses for some investors.
MAPLETON – Mapleton council have endorsed the County of Wellington’s application to the province for an official regional training centre for firefighters. This comes after the province announced the closure of the Ontario Fire College (OFC) in Gravenhurst while expanding to 20 regional training centres. At a Wednesday meeting, Mapleton fire chief Rick Richardson explained there is an existing training centre, called the Wellington County Training Academy in Fergus. At this site, firefighters from departments across the county can train closer to home than at the college. The County of Wellington is applying for the Fergus training centre to become a provincially recognized regional training centre. As of now, the site is open only to the seven member municipalities in the county but Richardson said this designation would open it up to the whole province but county members would still get the first chance to apply. Although far from Wellington County, Richardson said there were some benefits to the college such as the subsidized cost of $65 for training, food and accommodation. Council questioned if the province will step in with funding for these centres to make up for this difference. Richardson said chiefs around the province have been considering what the province will do with the money they used to subsidize training and if they sell the OFC property. “Those things have not come up anywhere that we’ve heard from the chiefs’ point of view, so we hope to hear from that soon,” Richardson said. “You would think the very inexpensive price the OFC was charging that there would be some kind of provincial funding to help the regional centres out at some point in time,” said mayor Gregg Davidson. Councillor Michael Martin questioned if there would be any advantage if theoretically the province did not pull through with any funding. “Is that going to come at a cost? It sounds like there’s some unknowns attached to it,” Martin said. “Being designated that way, are we going to lose some of the advantages we have currently?” Richardson said costs would rise if they had to send firefighters out to other regional training centres but acknowledged there is still a lot for the province to sort out around this situation. Davidson questioned if it was possible the province would shut down more localized training centres if they aren’t designated. Richardson replied the important takeaway is to get this application in early before there are too many other applicants. “If people start applying left right and centre and there’s 25 (applications), they only accept 20, we could be one of the five out of the loop,” Richardson said. “That makes it key we get an application in.” Mapleton council approved the endorsing the application with the mayor adding he’s fairly positive the province will pull through with funding. Keegan Kozolanka, Local Journalism Initiative Reporter, GuelphToday.com
TORONTO — The magazine long known as the Ryerson Review of Journalism is temporarily removing "Ryerson" from its name. The biannual magazine published by the Ryerson School of Journalism will place brackets in front of its name, going by the ( ) Review of Journalism, the Review, or the ( ) RJ until the end of the winter semester.The move comes after the school of journalism announced in December it would review the names of its two student publications -- the Review and the Ryersonian -- given their namesake's legacy. Egerton Ryerson was an architect of Canada's residential school system, which sought to convert and assimilate Indigenous children into Canadian culture and saw them suffer widespread physical and sexual abuse.Ryerson University is also examining its relationship with its namesake, with the school's head creating a task force that will "recommend actions to reconcile the legacy of Egerton Ryerson."The 15 final-year undergraduate and graduate students currently running the Review say that while they don't have the power to permanently change the magazine's name, they want this year's publication to reflect the processes that are currently underway. "The Review's mission is to probe the quality of journalism in Canada. One of the central tenets of our mission is to 'foster critical thinking about, and accountability within, the industry,'" the masthead said in a written statement. "This means we must also foster critical thinking and accountability within our own publication."They also pointed to the Truth and Reconciliation Commission's Calls to Action, which includes a call to better educate Canadian journalism students on the history of Indigenous Peoples. Questions surrounding the university's relationship to its namesake are far from new. In 2010, the school published a statement saying that while Ryerson did not implement or oversee residential schools, his beliefs "influenced, in part, the establishment of what became the Indian Residential School system."Eight years later, the school added a plaque beside a statue of Ryerson that's displayed prominently on campus. It reads, in part, "As Chief Superintendent of Education, Ryerson's recommendations were instrumental in the design and implementation of the Indian Residential School System." The issue came back to the fore over the summer when the police killing of George Floyd in Minneapolis prompted anti-racism protests all over the world. In July, the school's statue of Ryerson and a monument to John A. Macdonald at the provincial legislature were both splashed with pink paint. There have also been calls to rename Dundas Street -- which happens to be the southern border of Ryerson University's campus -- because its namesake, Henry Dundas, delayed the abolition of slavery in Britain by 15 years. The City of Toronto is currently reviewing those calls. This report by The Canadian Press was first published Feb. 24, 2021. Nicole Thompson, The Canadian Press
SAINT-LÉONARD-D’ASTON. Si la Santé publique le permet, les amateurs de golf de Saint-Léonard-d’Aston et des environs pourront bientôt s’adonner à leur passion à l’intérieur. Un golf virtuel initié par Alex B. Perreault, Frédéric Courchesne-Carignan, Félix Guévin et Jonathan Lavoie s’ajoutera au complexe Chez Boris. «L’installation sera bientôt complétée. Il manque le turf. Les gens vont pouvoir amener leurs bâtons et leurs tees. C’est très réaliste comme expérience. C’est un système par radar qui calcule l’effet et la distance de la balle. À la base, Frédéric Courchesne-Carignan avait un golf virtuel dans son garage. On a essayé ça et on a bien aimé. C’est là qu’est venue l’idée de l’ajouter à l’endroit où l’on trouve les espaces de jorkyball», explique Alex B. Perreault qui, avec ses associés, a voulu également rendre un hommage au terrain de golf développé par Richard Lebeau et Jean-Paul Provencher dans la conception du projet. «On a reproduit le parcours du golf Le Pro situé en bas de la côte à Saint-Léonard. On a pris les données avec Google Maps et les élévations avec un logiciel. Tout y sera, on verra même le tracteur à gauche du départ du trou 1», indique-t-il, enthousiaste. Stéphane Lévesque, Initiative de journalisme local, L'Hebdo Journal
(Ben Nelms/CBC - image credit) Growing up in Tsawwassen, B.C., Ashley Bell and Brock Ranata had both heard of Southlands — a 530 acre development with homes, farmland and open fields near Boundary Bay Regional Park — but never seriously considered living there. That is, until a global pandemic dramatically changed their day-to-day lives. "We were living in our one-bedroom apartment in Vancouver and working literally a foot beside each other for eight hours a day," said Bell, 36. "Not going to confirm or deny that that maybe had something to do with us getting more space." The couple says before COVID-19, they were looking to buy a condo in downtown Vancouver. Working from home, however, inspired them to expand their search criteria. In November, they said goodbye to their rental in the city's Fairview neighbourhood and purchased a townhouse in the Southlands development with help from their parents. "COVID made things in our lifestyle a lot better to then put us in this position to be out here and make it work," said Hill, who acknowledges that not everybody has been so fortunate in the past year. "It was a catalyst for completely changing our lifestyle." And it seems they are not the only ones. Though the pandemic initially caused home sales to slump, economists and real estate insiders say 2021's numbers have already surpassed expectations, as many British Columbians look to capitalize on low mortgage rates and increased savings in order to purchase property — in some cases for the very first time. The spike appears to reflect a national rebound, thought by the Bank of Canada to show "early signs" of an overheated housing market. Still, for many the purchase appears to be a bet on the province's post-pandemic future, with some wagering that work from home protocols will remain in place. "Some people believe that we [will] work at home forever. But it may not be the case." said Brian Yu, Central 1 Credit Union deputy chief economist. "I think that some businesses will want their staff back in the office once the pandemic ends," Yu said. Millennials buying or looking to buy: survey In particular, data suggests millennials are among those driving sales. In a survey of 2000 Canadians aged 25 - 35 conducted between December 29 and January 8, Royal LePage found 240 had purchased a home during the pandemic. The survey showed another 600 planned on buying a home within 2 years. The data does not include a breakdown of how many people were interviewed in each region. However, 65% of those surveyed in British Columbia said they intend to buy within the next five years. "This is a local market, this is a domestic, principal-residence driven market," said Adil Dinani, sales representative at Royal LePage West Real Estate Services in Greater Vancouver. "People are buying to live, not buying to profit, or not buying to speculate." But while more than half of B.C. respondents to the survey said they would choose to live in a city, even more (63%) said they felt it was important that their employer allow them to work remotely. The company also found that, despite surging job loses, B.C. respondents had a relatively rosy outlook on their finances with more than 70% saying they were confident in their short and long term personal financial outlooks. Bank of Canada watching home sales 'carefully' Bank of Canada governor Tiff Macklem, however, is approaching the situation more cautiously, saying the central bank is seeing early signs that people may be purchasing homes solely on the assumption that prices may go up. "In that low-for-long world, there are risks that housing could get carried away, so that is something we will be looking at very carefully," said Macklem, speaking with the combined Calgary and Edmonton chambers of commerce. Bank of Canada Governor Tiff Macklem says the central bank is seeing early signs that Canadians are purchasing homes on the belief that prices will rise indefinitely. "It's definitely nicer to see mortgage rates at what we got it at," said Ranata. "They're almost giving you the money," he said.
Chinese retailer Suning.com said on Thursday shareholders plan to sell 20% to 25% of the company to unnamed buyers which might lead to a change in control as its parent seeks to raise cash. The company said it was notified of the stake sale by its founder Zhang Jindong and its parent Suning Appliance Group, who respectively hold a 20.96% and 19.88% stake in the firm. Suning.com's other shareholders include e-commerce giant Alibaba Group which bought a 19.99% stake as part of a strategic partnership in 2015.
India announced new rules on Thursday to regulate content on social media, making Facebook, WhatsApp and others more accountable to legal requests for swift removal of posts and sharing details on the originators of messages. The rules -- part of an effort by Prime Minister Narendra Modi's nationalist government to tighten the leash on Big Tech -- come after Twitter recently ignored government orders to drop content related to farmers' protests. India is the largest market by users for both Facebook and its messenger service WhatsApp.
SARAJEVO, Bosnia — A Bosnian court sentenced on Thursday a Bosnian Muslim man to six years in prison on charges that he fought for the Islamic State group in Syria. Jasmin Keserovic, who has spent nearly seven years in Syria, was also charged with inciting others to take part in terrorist activities. Judges said that by publicly calling on Muslims to kill Christian soldiers and civilians alike, the defendant “demonstrated specific ruthlessness.” Hudges rejected defence claims that Keserovic was in Syria for charity work to help the local population amid the war. He was part of a group of seven Bosnian men flown back to Bosnia from Syria on a U.S. Air Force flight in December 2019 along with 18 women and children. In 2014, Bosnia became the first country in Europe to introduce prison terms for its citizens who fought abroad. Fighters who have since returned to the country were tried and, in most cases, sentenced to prison. The Associated Press
The company has built a pipeline of Korean original content including sci-fi thriller "The Silent Sea", reality series Baik's Spirit and sitcom "So Not Worth It", Netflix said in a blog post. Netflix, which had 3.8 million paid subscribers in the country at the end of 2020, has already invested nearly $700 million, feeding off the global popularity of the pop culture machine of South Korea. It has created more than 70 Korean-made shows, including the hit zombie thriller "Kingdom" and documentary series "Black Pink: Light Up the Sky" about the highest charted female K-Pop act.
Deutsche Telekom's Slovak Telekom business cannot avoid sanctions imposed by Slovak antitrust authorities even though it has already been penalised by EU competition enforcers, the EU's top court ruled on Thursday. The case came before the Luxembourg-based Court of Justice of the European Union after Slovak Telekom questioned the legality of the Slovak watchdog's 17.45-million-euro ($21 million) fine levied in 2009 as a result of the company using below-cost prices to squeeze out competitors. The European Commission in 2014 fined the company for squeezing competitors by charging unfair wholesale prices in Slovakia, which followed an investigation that began in 2009.
MISSISSAUGA, Ont. — Maple Leaf Foods Inc. beat expectations as it reported a fourth-quarter profit of $25.4 million, up from $17.5 million a year ago, and sales that rose more than 10 per cent. The food processing company says the profit amounted to 20 cents per diluted share for the quarter ended Dec. 31, up from 14 cents per share a year earlier. Sales for the quarter totalled $1.13 billion, up from $1.02 billion in the fourth quarter of 2019, as both its meat protein and plant protein groups saw gains. Meat protein group sales rose 11.3 per cent, while plant protein sales rose 5.5 per cent. On an adjusted basis, Maple Leaf says it earned 30 cents per share, up from an adjusted profit of 12 cents per share a year earlier. Analysts on average had expected an adjusted profit of 21 cents per share and $1.07 billion in sales, according to financial data firm Refinitiv. This report by The Canadian Press was first published Feb. 25, 2021. Companies in this story: (TSX:MFI) The Canadian Press
CAPE TOWN, South Africa — Caster Semenya is going to the European Court of Human Rights to challenge “discriminatory” rules that prohibit her from competing in certain track events because of her high natural testosterone, her lawyers said Thursday. The two-time Olympic champion in the 800 metres has already lost two legal appeals against World Athletics' regulations that force her to medically lower her natural testosterone level if she wants to run in women's races from 400 metres to one mile. The South African's lawyers said there's been a “violation of her rights” and wants the human rights court to examine the rules. Semenya has one of a number of conditions known as differences of sex development. Although she has never publicly released details of her condition, World Athletics has controversially referred to her as “biologically male” in previous legal proceedings, a description that angered Semenya. Semenya has the typical male XY chromosome pattern and levels of testosterone that are much higher then the typical female range, World Athletics says. The track and field body says that gives her and other athletes like her an unfair advantage over other female runners. The 30-year-old Semenya was legally identified as female at birth and has identified as female her whole life. She says her testosterone is merely a genetic gift. The regulations have been fiercely criticized, mainly because of the “treatment” options World Athletics gives to allow affected athletes to compete. They have one of three options to lower their testosterone levels: Taking daily contraceptive pills, using hormone-blocking injections, or having surgery. “The regulations require these women to undergo humiliating and invasive physical examinations followed by harmful and experimental medical procedures if they wish to compete internationally in women’s events between 400m and one mile, the exact range in which Ms. Semenya specializes,” Semenya's lawyers said. World Athletics, which was then known as the IAAF, announced in 2018 it would introduce the rules. Semenya challenged them and lost at the Court of Arbitration for Sport in 2019. She also lost a second appeal to the Swiss Federal Tribunal last year. That second case will be central to her appeal to the European Court of Human Rights. “Caster asks the Court to find that Switzerland has failed in its positive obligations to protect her against the violation of her rights under the European Convention on Human Rights," her lawyers said. They said the track body's rules were “discriminatory attempts to restrict the ability of certain women to participate in female athletics competitions.” Because of her refusal to lower her natural testosterone, Semenya has been barred from running in the 800 since 2019, when she was the dominant runner in the world over two laps. She is currently not allowed to run her favourite race — the race she has won two Olympic golds and three world titles in — at any major event. Semenya is not the only athlete affected. Two other Olympic medallists from Africa, Francine Niyonsaba of Burundi and Margaret Wambui of Kenya, have said they are also bound by the rules. They also said they would refuse to undergo medical intervention to reduce their testosterone levels. “I hope the European court will put an end to the longstanding human rights violations by World Athletics against women athletes," Semenya said in a statement. "All we ask is to be allowed to run free, for once and for all." Semenya, Niyonsaba and Wambui finished 1-2-3 in the 800 metres at the 2016 Rio de Janeiro Olympics, strengthening World Athletics' argument that their medical conditions gave them an athletic advantage over other women. It's unclear if the human rights court would be able to hear Semenya's case before the delayed Tokyo Olympics, which might be Semenya's last. The games are set to open on July 23. Previous sports cases that have gone to the European Court of Human Rights have taken years to be decided. ___ More AP sports: https://apnews.com/hub/apf-sports and https://twitter.com/AP_Sports Gerald Imray, The Associated Press