Saturday, June 23, 2018
News Roundup

Canada Report hd xy will go here and go xy

The government's cost-cutting measures are paying off federally but provinces, territories and cities are not doing so well, says Canada's "budget watchdog."

Parliamentary Budget Officer Kevin Page said the Conservative government's cutbacks will lead to a sound financial position in the long-term.

Even though government revenues are projected to slow as expenses rise for such things as health care and public pensions, most of the increased costs have been shifted to the provinces and territories, he said.

The federal government's "sustainable fiscal position" results from recent action to limit health funding to the provinces, slashing program expenses and increasing the age of eligibility for the "Old Age Security" pension to 67 from 65 starting in 2023.

Over the next 20 years, current estimates indicate total government sector debt as a percentage of gross domestic product will fall to 31.9 percent from 53.5 percent, Page said.

One word of caution in his report was that overall debt for Canada's three levels of government is similar to the situation in some European countries but remains many years away from becoming critical.

Subhed will go here and here and here

Liberal Member of Parliament Justin Trudeau will seek the leadership of the federal party with the intention of becoming Canada's Prime Minister "" following in the footsteps of his late father, Pierre Trudeau.

Montreal's La Presse newspaper reported Trudeau, 40, will announce his candidacy on Tuesday.

It said several Liberal sources confirmed his plans for a news conference that day.

The party will select a new leader in April and Bob Rae, who is serving as interim leader, said he won't be seeking the job full-time.

News in brief

• Months of work and a cross-country manhunt resulted in Vancouver police arresting a key suspect in last year's Stanley Cup riot that caused $4 million damage. Jonathan Mahoney, 24, was found in Lanigan, Saskatchewan and arrested for participating in the downtown Vancouver riot, assault and mischief. Inspector Laurence Rankin said the police are seeking an additional 50 people that increases the number of accused rioters to 275.

• Canadians will still be able to "bring home the bacon" but at a higher price, the Canadian Pork Council says. There's worldwide concern about a pork shortage due to farmers cutting back herds due to soaring feed prices. Stores won't run out of pork products but the price would rise dramatically, the council said. Agriculture Minister Gerry Ritz said the government will consider assistance options for farmers hurt by the situation.

Facts and figures

Canada's dollar is lower at 1.0200 in U.S. funds while the U.S. greenback returns 98.03 cents Canadian before bank exchange fees.

The Bank of Canada's key interest rate is unchanged at 1 percent while the prime-lending rate is 3 percent.

Stock markets are lower, with the Toronto exchange index at 12,341 points and the TSX Venture index 1,314 points.

Lotto 6-49: (Sept. 26) 2, 5, 9, 13, 22 and 38; bonus 37. (Sept. 22) 4, 19, 22, 24, 32 and 33; bonus 21. Lotto Max: (Sept. 21) 7, 8, 10, 11, 19, 34 and 45; bonus 44.

Regional briefs:

• Ontario homeowners face paying more in taxes after the provincial government's latest assessment shows property values have risen by an average 18 percent since the last update in 2008. The Municipal Property Assessment Corp. said it will increase the average assessment on which tax bills are based by 4.5 percent in each of the next four years to phase in the higher values.

• British Columbia dentist Sandy Crocker from Kelowna is scouring Ireland trying to find a woman he briefly met while on vacation last summer. Crocker said he is spreading the word through Irish newspapers and on the web and won't give up. The woman, who gave him directions to the Cliffs of Moher, is believed to be in her 20s and had red hair and freckles, he said.

• Police say they have arrested one of their own as the "big cheese" in a "large-scale smuggling scheme" that brought lower-priced cheese into Canada from the U.S. The three men arrested include Constable Scott Heron, 39, of the Niagara Regional Police force. The investigation found that cheese worth about $200,000 was bought in the U.S. and sold in Canada for an estimated profit of $165,000.

Jim Fox can be reached at [email protected]

Comments
Lightning takes Quebec LW Gabriel Fortier with second-round pick

Lightning takes Quebec LW Gabriel Fortier with second-round pick

The Lightning is on the board in the 2018 NHL draft, using their first pick — 59th overall in the second round — on Gabriel Fortier, an undersize left wing from Quebec."I spoke with them a couple of times, so I knew there was an interest,...
Updated: 29 minutes ago
Sanders says she was told to leave Virginia restaurant

Sanders says she was told to leave Virginia restaurant

WASHINGTON (AP) — White House press secretary Sarah Huckabee Sanders acknowledged Saturday in a tweet that she was booted from a Virginia restaurant Friday night because she works for President Donald Trump.Sanders said she was told by the owner of T...
Updated: 1 hour ago
For starters: Rays vs. Yankees, looking for two straight

For starters: Rays vs. Yankees, looking for two straight

After hanging on for a 2-1 last night over the MLB-best Yankees, the Rays are looking to make it two in a row today.And their lineup will have a different look, with INF Joey Wendle making his first career appearance,  majors or minors, in the o...
Updated: 2 hours ago
FHP: Wrong-way driver hit 100 miles per hour before sideswiping car

FHP: Wrong-way driver hit 100 miles per hour before sideswiping car

A Clearwater man who authorities said sideswiped a car while driving more than 100 miles per hour the wrong way on U.S. 41 was arrested Friday. Wendel Jamel James, 35, is charged with DUI with property damage, reckless driving and leaving the scene ...
Updated: 2 hours ago
‘Notorious RBG’ wanted to be a singer. Now, a CD celebrates her life.

‘Notorious RBG’ wanted to be a singer. Now, a CD celebrates her life.

Justice Ruth Bader Ginsburg has often said, in interviews, that she would have loved to have been an opera singer.She has certainly become a fixture at many opera houses around the country: She is often spotted in the audience; she sometimes presides...
Updated: 3 hours ago
Rays Tales: Why ‘trades’ and ‘prospects’ are always in same conversation

Rays Tales: Why ‘trades’ and ‘prospects’ are always in same conversation

Besides the continual evolution of their intriguing pitching plan, the primary topics of conversation for the Rays over the next several weeks will be trades and prospects. And not mutually exclusively.Some sooner than others, the Rays are going to c...
Updated: 3 hours ago
Oldsmar cheer coach faces new sexual battery charges

Oldsmar cheer coach faces new sexual battery charges

An Oldsmar cheerleading coach charged this week with sending explicit images to a minor now faces additional sexual battery charges.Victor Martin Valenty, 28, is accused of having "inappropriate sexual activity" with a 15-year-old at his home for mor...
Updated: 5 hours ago
Migrants denied access to lawyers, held in cells 23 hours a day, ACLU lawsuit alleges

Migrants denied access to lawyers, held in cells 23 hours a day, ACLU lawsuit alleges

After crossing the U.S.-Mexico border seeking asylum, 123 men have been detained for weeks, caged in prison cells for up to 23 hours per day and denied access to attorneys at a federal detention center in Sheridan, Oregon, a lawsuit filed Friday by t...
Updated: 5 hours ago
First step for Hillsborough schools facing biggest challenges: Hire more teachers

First step for Hillsborough schools facing biggest challenges: Hire more teachers

TAMPA — As chief of diversity for the Hillsborough County School District, Minerva Spanner-Morrow tries to keep her expectations realistic."We want the best of the best and I know that’s very difficult," she told principals last week as they prepared...
Published: 06/23/18
Girl Scout convinces companies to cut down on millions of plastic straws

Girl Scout convinces companies to cut down on millions of plastic straws

Last fall, the CEO of San Francisco-based Dignity Health received an email out of the blue. It was from a 16-year-old Girl Scout named Shelby O’Neil. With all due respect, she wrote, the company’s "Human Kindness" commercial had a glarin...
Updated: 2 hours ago