September, 2010

Recorded division

By Aaron Wherry - Wednesday, September 22, 2010 - 0 Comments

The actual text that will be put before the House this evening at approximately 5:30pm is as follows.

The Standing Committee on Public Safety and National Security has the honour to present its second report.

In accordance with its Order of Reference of Wednesday, March 3, 2010, your Committee has considered Bill C-391, An Act to amend the Criminal Code and the Firearms Act (repeal of long-gun registry), and agreed on Thursday, June 3, 2010, to report the following:

That this Committee, pursuant to Standing Order 97.1 (1), recommends that the House of Commons do not proceed further with Bill C-391, An Act to amend the Criminal Code and the Firearms Act (repeal of long-gun registry), because the Committee has heard sufficient testimony that the bill will dismantle a tool that promotes and enhances public security and the safety of Canadian police officers.

There are a total of 304 votes in play—308 seats minus three vacancies and the Speaker, who only votes in the event of a tie. At our last count, there were 153 MPs committed to defeating C-391, 150 MPs committed to seeing it passed. That breaks down, by our math, as follows. Continue…

  • Distraught woman finds mysterious library

    By macleans.ca - Wednesday, September 22, 2010 at 10:40 AM - 0 Comments

    Plus, Charlotte Gray on the gold rush, memoirs about learning to speak Mandarin, and a cancer journey, a light approach to the Middle East and a search for giant waves

    Audrey Niffenegger/Abrams ComicA

    THE NIGHT BOOKMOBILE
    Audrey Niffenegger

    A highly successful visual artist before she became a bestselling novelist with The Time Traveler’s Wife, Niffenegger is understandably drawn to graphic novels. Her newest, at 33 pages, is more a graphic novella, but it is rich in theme, atmosphere and the capacity to linger in a reader’s mind. That should almost be Reader, with a capital “R,” because Niffenegger’s tale of a distraught woman and a mysterious library is about reading as the actual point of living for its truest devotees. As the artist asks in her afterword, “What would you sacrifice to sit in that comfy chair with perfect light for an afternoon in eternity, reading the perfect book, forever?”

    That’s an image reminiscent of a scene (the old lady in a chair) in Goodnight Moon, a volume significantly displayed within this one. In fact, the bookmobile, which protagonist Alexandra first encounters at 4 a.m. one day while wandering the streets of Chicago after an argument with her lover, holds everything she has read since childhood, and nothing else. That is literally everything: her own diary is on a shelf, and the ephemera section includes all the cereal boxes she ever perused. (Like Dr. Who’s Tardis, the battered Winnebago holding Alexandra’s life—in a way Niffenegger means to be exactly analogous to the number of stories within a reader’s mind—is much, much larger on the inside than it appears from the outside.) Other named texts include The Complete Short Stories of H.G. Wells—fittingly so, since Bookmobile was inspired by a Wells tale.

    The librarian informs Alexandra of the dusk-to-dawn operating hours, and invites her in to browse happily within her past. But soon the bell rings—it’s dawn—and Alexandra must leave. It is years before she stumbles upon the bookmobile again. “Have you ever found your heart’s desire and then lost it?” she asks. The rest of this disturbing and beautiful tale is about the price books exact in exchange for the pleasure they give, and the lengths to which we will go to pay it.
    - BRIAN BETHUNE

    Continue…

  • Why Israelis love Berlin

    By Stephanie Findlay - Wednesday, September 22, 2010 at 10:20 AM - 0 Comments

    Among non-European visitors to Berlin, only American tourists outnumber those visiting from Israel

    SEAN GALLUP/GETTY IMAGES

    Berlin, the epicentre of European hip, has been attracting a rapidly increasing number of Israeli tourists of late. “In the first six months of 2010, we had an increase of Israeli overnight stays in Berlin by almost 25 per cent,” says Kirsten Schmidt, director of public relations of Berlin Tourism Marketing. “The numbers have been going up steadily, except for a slight dip in 2007.” From January to June of this year, 22,531 Israelis took in the sights and sounds of the German capital.

    The average stay was 3.3 days. While many young Israelis are drawn to the city’s vibrant club scene, others come to learn more about their history and participate in the city’s fast-growing Jewish community. Among non-European visitors to Berlin, only American tourists outnumber those visiting from Israel. It’s all part of a larger Jewish immigration trend. In fact, Berlin boasts the largest Jewish community in Germany, with 11,000 registered members in the city’s synagogues and private congregations.

  • Nordiques arena: A pricey precedent

    By John Geddes - Wednesday, September 22, 2010 at 10:20 AM - 0 Comments

    Winnipeg built an NHL-calibre arena with ‘minimal’ money from Ottawa. It’ll be different for Quebec City.

    Yan Doublet/Le Soleil/CP

    In the annals of hockey heartache, Quebec City and Winnipeg are forever twinned. Both lost their NHL teams to the bright lights and bigger markets of America—the Nordiques to Denver in 1995, the Jets to Phoenix the very next year. After they were left in the lurch, though, the tales of the two wintery cities diverge. In Winnipeg, a modest new downtown arena, the MTS Centre, was completed in 2004, built with mostly private money, as a home for minor-league hockey and concerts, and maybe, just maybe, an NHL team again someday. In Quebec City, a plan for building a much grander arena, mainly with public money and expressly to lure back the NHL, has only recently taken shape—and sparked political controversy.

    The issue is whether the federal government should contribute heavily to the project. Quebec Premier Jean Charest has pledged $180 million, and Quebec City Mayor Régis Labeaume $50 million, leaving about $170 million they hope the feds will ante up. After Quebec Conservative MPs donned vintage powder-blue Nordiques sweaters last week to promote the scheme, Prime Minister Stephen Harper’s confirmation that he’s considering the request came as no surprise. But Harper said he won’t be playing favourites. “In terms of financing these things going forward,” he said, “we’re going to have to respect the precedents we have had in the past, and be sure any treatment we’re prepared to make to one city we’re prepared to make to all.”

    Continue…

  • Supporting the troops

    By Aaron Wherry - Wednesday, September 22, 2010 at 10:14 AM - 0 Comments

    CP reports on what seems a particularly dark turn in the discussion about how we care for veterans of armed conflict.

    Confidential medical and financial information belonging to an outspoken critic of Veterans Affairs, including part of a psychiatrist’s report, found its way into the briefing notes of a cabinet minister.

    Highly personal information about Sean Bruyea was contained in a 13-page briefing note prepared by bureaucrats in 2006 for then minister Greg Thompson, a copy of which was obtained by The Canadian Press. The note, with two annexes of detailed information, laid out in detail Bruyea’s medical and psychological condition.

  • Athens’ budget blues

    By Jane Switzer - Wednesday, September 22, 2010 at 10:00 AM - 0 Comments

    Bureaucratic bungling is threatening the country’s austerity drive

    Aristidis Vafeiadakis/Zuma/Keystone Press

    While struggling to reduce its massive national debt, Greece discovered long-dead pensioners have been continuing to receive retirement payments. Deputy Labour Minister George Koutroumanis announced last week that with the help of police, the government discovered that 321 of the people listed as being over 100 years old, to whom it pays pensions, had died.

    Koutroumanis described the situation as a “Third World phenomenon” at a news conference, and outlined the inefficiency of the system that led to the “profligacy and theft” of fraudulent pension payments every year. “One pension, for example, was paid to someone who had died in 1999,” he said, adding that authorities are now compiling a pensioner registry and will prosecute fraudsters. The country’s unreliable account-keeping is also believed to have wasted funds on fake jobs, forged health prescriptions and fraudulent government spending.

    Continue…

  • Reading between the lines of Jim Flaherty's speech

    By Scott Feschuk - Wednesday, September 22, 2010 at 5:46 AM - 0 Comments

    FESCHUK: Jim mad! Jim smash global bank tax!

    Minister of Finance Jim Flaherty makes a speech at the Canadian Club of Ottawa at the Chateau Laurier in Ottawa on Tuesday Sept. 21, 2010. THE CANADIAN PRESS/Sean Kilpatrick

    The speaker: Jim Flaherty, Finance Minister

    The venue: Canadian Club of Ottawa

    The date: Sept. 21, 2010

    •••

    It’s a pleasure to address this well informed and distinguished group of opinion leaders.

    The Prime Minister sends his regards. [Extends middle finger.]

    •••

    The fall session of Parliament has just started.

    It’s a good time for some serious, frank talk.

    We have some important choices to make.

    Choices like: should I adapt my speaking style to the audience I’m appearing before, and include more than nine words in some of my sentences? Or should I speak to this “well-informed and distinguished group of opinion leaders” in the same clipped manner most people reserve for domesticated animals?

    •••

    We’ve gone through an extraordinary time the past two years.

    A synchronized recession, the deepest since the Depression.

    You could tell the recession was synchronized because it Continue…

  • Junius explains that gun-registry math

    By Colby Cosh - Wednesday, September 22, 2010 at 1:34 AM - 0 Comments

    The Globe and Mail has finally explained where a Toronto Chief of Police and dozens of gullible journalists and politicians got the idea that the national firearms registry costs $4 million a year. I’ve watched this figure get repeated countless times over the past month or so, and every single time I kept returning with furrowed brow to the Treasury Board estimates, which put the combined operating and transfers cost of firearms registration at $22 million, just to the RCMP, for 2010-11. (The overall cost for registries and licensing infrastructure comes to $78 million.)

    That’s not counting the costs to other federal agencies—most especially the cost to Corrections Canada, estimated loosely at $10 million for fiscal ’08-’09. Certainly the commentators who were soiling themselves over the PBO’s estimates for penological costs of Conservative law-and-order measures wouldn’t want to just ignore the money spent on keeping gun-registry offenders locked up longer, would they? Including the cost in registrant time and effort would drive the figure higher still; surely the Globe is bound to be giving the program a break in only revising the cost upward by a factor of 16½.

    If the Globe is right, it seems only a bit of sloppily written verbiage in the new report on the registry—interpreted by dissimulators with badges, and faithfully broadcast by writers with poor financial instincts—could possibly have led anyone to believe the gun registry is a bargain. (The Firearms Centre in Miramichi has 240 federal employees, guys! $4 million wouldn’t cover 12 weeks of payroll expenses, right?) And maybe I’m just some Western flake, but in retrospect it does seem as though the propagation of $4 million figure was possible only because the RCMP played undisguised politics with the report, dawdling over a “translation” (a tactic that the Conservatives somehow ended up taking most of the blame for) and making sure to pass it around to friendly, gullible media outlets in a timely way before the vote on C-391. All of which, now, can serve only the electoral interests of the Conservatives themselves—keeping alive the hated totem and allowing them to exploit the real financial numbers in their search for a Commons majority.

    [UPDATE, 10:22 am: Or not. The Citizen's board smacks down the Globe this morning, and the Globe seems to have mis-identified the source of the figure within the report—the actual source being a reference to another report to the RCMP by a government IT consultancy, Pleiad Canada. So could we have that document, or is it already too late to bother?]

  • The Commons: The only thing we have to fear is total doom

    By Aaron Wherry - Tuesday, September 21, 2010 at 6:27 PM - 0 Comments

    The Scene. The Conservative government has, to whatever credit should be assigned for such things, recently decided upon a straightforward appeal to you, the well-meaning voter. Vote for us, they now say, or risk the complete and total annihilation of your country. Do as we say, or face the end of everything you hold dear. Don’t even think of quibbling, unless you are willing to be remembered by your children as the monsters who bequeathed them a broken wasteland of despair. Give us a majority, or Michael Ignatieff will shoot this dog.

    “Under an Ignatieff-NDP-Bloc Québécois government, nothing would be safe,” the Finance Minister told an audience at a posh Ottawa hotel this afternoon.

    “They want to throw it all away. They want to cancel the contract or review the contract,” Industry Minister Tony Clement cried out to the House a short while after, putting scary finger quotes around the word ‘review’ as he responded to a Liberal suggestion that the government had moved too hastily to commit $16 billion to new fighter jets. “The minute they do that, all of those contracts—and there are 60 contracts already extant for this plane for Canadian companies—all of those contracts go on hold, too. That is irresponsible. They are threatening Canadian jobs.”

    “Mr. Speaker, it probably should not surprise me, but it still does, to hear how quickly and easily members of the opposition, including the NDP, are approving of jail time or large fines for their fellow Canadians who refuse, out of good conscience, to fill out a 40-page questionnaire with very personal information,” Mr. Clement said later when presented with the possibility that his government had erred in its decision to replace the long-form census. “It is incredible how they will sacrifice Canadians’ rights on this matter.”

    “The choice is clear,” Mr. Flaherty finally declared for the benefit of the House. “A Conservative government that creates jobs or a coalition government that will kill jobs.”

    In fact, that would seem to put it mildly—Mr. Flaherty declining here to mention previous warnings about the criminal gangs that would rule our streets and the Russian hordes that would be clamouring over our borders were it not for this government’s courageous administration. Continue…

  • Democrats' bid to repeal 'Don't ask, don't tell' fails

    By macleans.ca - Tuesday, September 21, 2010 at 6:12 PM - 0 Comments

    Measure to change U.S. military policy failed by 56-to-43 vote

    An attempt by Senate Democrats to repeal the U.S. military’s “don’t ask, don’t tell” policy failed today, as Republicans banded together to block the issue from coming to the floor for debate. The measure failed by a 56-to-43 vote, where most senators voted along partisan lines, the Boston Globe reports.

    Boston Globe

  • Rethinking motherhood: the third act

    By macleans.ca - Tuesday, September 21, 2010 at 3:36 PM - 0 Comments

    Marni Jackson: Maybe grown kids staying closer to home isn’t so bad

    DALE BERMAN/ CORBIS OUTLINE/ BRIAN D. JOHNSON

    When my first book, The Mother Zone, came out in 1992, parenting was still a non-subject. Yes, I know, this is hard to believe, now that we are awash in “mother lit” and, most recently, a lot of hand-wringing about whether helicopter parents are undermining their grown kids’ independence. When a publisher asked me if I wanted to write a sequel to The Mother Zone, I said “You must be joking—my son is 24!” But of course, the joke was on me.

    The year that my 19-year-old son left home to go to school in Montreal, I thought we had all “graduated” from family. What I didn’t realize was that (a) motherhood is a chronic condition, and (b) the big shifts in our family, the real pulling apart and sorting out of our new adult roles, was still to come. And for me this was going to raise the same fears and doubts I had felt as a new mother—except that now my job was to ­un-mother, and to let go. A bit trickier than driving him to music lessons.

    When I embarked on writing a book (Home Free: The Myth of the Empty Nest) about this new third act of family, I thought I might be the only one confused about how close families should be. But as it turns out, I’m not alone.

    Continue…

  • J. Crew and the mail-order makeover

    By Julia Belluz - Tuesday, September 21, 2010 at 3:33 PM - 0 Comments

    How the retailer reinvented itself as the new name in popular fashion

    FRANK OUDEMAN

    Mickey Drexler, known as “the Steve Jobs of retail,” once had a reputation for breakneck retail expansion. Before the native New Yorker took the helm of J. Crew in 2003, he steered the Gap through its heyday in the 1990s, helping the company grow from 450 stores to more than 2,000. The Gap, he once said, should be as ubiquitous as Coca-Cola. But this overreaching contributed to Drexler’s downfall: the Gap’s growth stalled, and after a series of bad decisions, its stock plummeted. In 2002, Drexler was fired.

    At J. Crew, Drexler has taken an altogether different approach, and the company has been on a hot streak for the last few years. Between 2003 and 2008 revenues rose 107 per cent, and in 2009, after both Oprah and the first family expressed their ardour for the label, revenues rang in at US$1.57 billion, outstripping pre-recession levels. But Drexler has not responded with aggressive expansion. Instead, the CEO squeezed growth out of the existing footprint of the business (just 321 stores) through a mix of retailing strategies that have transformed the brand. Once synonymous with preppy clothes and mail-order catalogues, Drexler’s J. Crew is now one of the most creative and fashionable retailers in North America.

    Continue…

  • BHP Billiton seeks political firepower in Potash bid

    By macleans.ca - Tuesday, September 21, 2010 at 3:27 PM - 0 Comments

    Foreign miner hires three former advisors to Canadian prime ministers

    Australian mining giant BHP Billiton is preparing for a political battle as it proceeds with its $39 billion hostile bid for Potash Corp. of Saskatchewan, one of the world’s biggest suppliers of the potassium rich salt used in fertilizers. With Saskatchewan Premier Brad Wall expressing doubts about the desirability of letting the mining firm fall into foreign hands, BHP has hired three former advisors to Canadian prime ministers as lobbyists in anticipation of a political challenge to any successful bid. They are: Michael Coates, an advisor to Prime Minister Stephen Harper in the last three election campaigns, William Pristanski, an aide to former Conservative leader Brian Mulroney and Bruce Hartley, who formerly worked as an assistant to Jean Chretien. Among the province’s concerns is that BHP’s purchase would break up the marketing company for potash that represents Canadian producers to foreign buyers, leading to lower prices and, potentially, less government revenue through royalties. Any sale would need to be approved under the Investment Canada Act, which can block purchases that don’t demonstrate a “net benefit” to Canada. However, Ottawa has so far taken a non-interventionist approach to takeover deals involving big resource companies. In fact, the only time it has used its power to block a deal under the Act was when a U.S. firm tried to purchase the space and satellite division of MacDonald Dettwiler and Associates Ltd.

    Bloomberg

  • TV Premiere Week: Tuesday

    By Jaime Weinman - Tuesday, September 21, 2010 at 2:39 PM - 0 Comments

    Another run-down of what to expect tonight as premiere week continues. Last night’s ratings brought few big surprises except that Lone Star was a tremendous bomb, something I hadn’t really anticipated — it was so hyped online (the pilot was good, so the hype made some sense) that it distracted attention from the issue of what the show looked like to people who weren’t reading blogs. And if you were just watching the promos, I suppose the show looked like a rather dull soap opera; worse, it featured a man who was cheating on two women (and suggests he loves them both, of course) and presented him as the hero. Good though the pilot was, smarter people than I seem to have realized that that wouldn’t fly on a network where, unlike AMC, 4 million viewers is a disappointment.

    Now here come tonight’s premieres on the big 4 networks (don’t forget that the CBC premieres the new season of Being Erica tonight at 9, and Stephen King guest-stars on tonight’s Sons of Anarchy):

    8:00
    NBC: The Biggest Loser
    ABC: Dancing With the Stars, again
    CBS: NCIS
    Fox: Glee

    All very known quantities except for Glee, which has everyone waiting to pounce on it and pronounce that it has the Sophomore Jinx and that the hype is over. I wouldn’t be so sure that the show will decline in quality in the second season; it’s going to get even more meta and have even more gimmicky guests (Gwyneth Paltrow was just Continue…

  • Federal Court case could improve access to info for the blind

    By macleans.ca - Tuesday, September 21, 2010 at 2:27 PM - 0 Comments

    Toronto woman argues that government websites are currently inaccessible

    Donna Jodhan, a blind Toronto woman, is in Federal Court today to launch a constitutional challenge, claiming government websites are inaccessible to the visually impaired. Jodhan says that some government websites prevent her and other visually impaired people from having equal access to services and information, including filling out government job applications. Her lawyer said that this means she experiences “unanticipated barriers” when searching for information and compared her situation to that of a person in a wheelchair discovering a single step in the middle of a ramp. Government lawyers will argue, says the Canadian Press, that Jodhan is guaranteed equal benefit of the law because government services are provided in other formats, and also that there is no guaranteed access to information online on a 24-7 basis under the Charter of Rights and Freedoms.

    Winnipeg Free Press

  • Canadian diplomats boycott Ahmadinejad speech

    By macleans.ca - Tuesday, September 21, 2010 at 2:20 PM - 0 Comments

    Group walks out on UN address by Iran’s president

    Canadian diplomats have boycotted a speech by Iran’s president Mahmoud Ahmadinejad at the UN General Assembly in protest of Iran’s human rights record and controversial nuclear program. Ahmadinejad said to the assembly that capitalism is waning and that there needs to be an overhaul of the governing global order. Prime Minister Stephen Harper will address the assembly tonight to talk about Canada’s contribution to the UN Millennium Development Goals. Harper is expected to push for a temporary seat on the influential UN Security Council.

    CTV News

  • Will the Commonwealth Games be cancelled?

    By macleans.ca - Tuesday, September 21, 2010 at 1:43 PM - 0 Comments

    Footbridge in Delhi collapses, athletes’ village “unfit for human habitation,” say team leaders

    The Commonwealth Games, scheduled to start in 12 days in Delhi, are in danger of cancellation after a footbridge collapsed, and team leaders arrived from around the world to find facilities unfinished or unfit for use. Preparations for the Games have been plagued by corruption and delay, critics say, along with some of the heaviest monsoon rains in memory. The problems culminated yesterday in the collapse of a footbridge leading from a parking lot to Jawaharlal Nehru Stadium, where the opening ceremonies and main events were to take place. Twenty-three people were injured. National team officials from Canada, New Zealand, Scotland and other countries say the condition of the athletes’ residences is below sub-par and they are now discussing their options. Scott Stevenson of Commonwealth Games Canada has stopped short of threatening to pull Canada’s team from the Games, but is demanding that the problems be fixed by Friday. Managers with New Zealand and Australia are similarly pessimistic. Indian organizers “have got two days to do what’s probably going to take about two weeks,” said Australia’s chef de mission Steve Moneghetti.

    Toronto Star

    Guardian

  • Deadliest year in Afghan war

    By macleans.ca - Tuesday, September 21, 2010 at 1:26 PM - 0 Comments

    9 more NATO soldiers dead after helicopter crash

    This year has been the deadliest year in the Afghanistan war after a helicopter crashed in Zabul province, Afghanistan, killing 9 soldiers and raising the 2010 death toll of NATO troops to 529. Last year 521 NATO troops were killed. Although the Taliban issued a statement assuming responsibility for the downed helicopter, a statement from NATO says that there is no evidence to support the Taliban’s claims. The incident is the deadliest NATO aircraft crash since a Chinook went down on October 26, 2009, killing 10 people.

    Washington Post

  • 'To them I say: rise above petty politics'

    By Aaron Wherry - Tuesday, September 21, 2010 at 1:20 PM - 0 Comments

    The Finance Minister is, at this moment, delivering the following speech to an audience at the Chateau Laurier. That sound you hear is a great gnashing of teeth in the capital at this hour.

    To wit. Continue…

  • A backbencher gets his due

    By Aaron Wherry - Tuesday, September 21, 2010 at 12:49 PM - 0 Comments

    The national wire service takes note of LaVar Payne’s contribution to our democracy.

    Monday was LaVar Payne’s day to shine. You may have never heard of the Conservative backbencher from Medicine Hat, Alta. — but if you tuned into question period, you likely heard him. Payne, a first-term MP elected in 2008, carried on a running stream of abuse from the back row Monday, the cupped hand at the side of his mouth helping project his nasal whine into the farthest reaches of the Commons.

    “Is that from American, professor?” he taunted Liberal Leader Michael Ignatieff. “You signed on to that as an American, professor!”

    When Jack Layton rose for a question, Payne lit into him — “You never co-operate, Jack!” — causing the NDP leader to break stride and offer an aside. Layton dryly noted that the new focus on decorum “is working out well on the government side.”

    In fairness, this is nothing unusual for Mr. Payne. Indeed, from the back row of the government side he has distinguished himself as perhaps his team’s most insistent and consistent heckler, often repeating the same banality over and over on the off chance the other members of the House did not hear him the first dozen times. Few are as demonstrably and tirelessly engaged. The people of Medicine Hat should be very proud.

  • Conservatives spent record $130-million on advertising in 2009

    By macleans.ca - Tuesday, September 21, 2010 at 12:13 PM - 0 Comments

    As deficit soared, so did expenditures on ads

    Ottawa’s advertising budget grew to a record $130-million in 2009, according to previously unreleased figures that show a 64-per-cent increase in the government’s marketing bill. The latest tally is more than three times higher than the advertising budget of $41.3-million in 2005-2006, when the Harper government took office. Last year’s advertising blitz on the promotion of the Economic Action Plan, which cost $49.5-million, was by far the most costly element of the advertising blitz. “Advertising costs for the Economic Action Plan were one-time only costs in the context of the global economic crisis, during which the [government of Canada] deemed it important to communicate with Canadians about the programs and services available to them to counter tough economic times,” the Department of Public Works and Government Services Canada said in a statement. Up until now, the Conservatives had spent much less on advertising than their Liberal predecessors.

    The Globe and Mail

  • BHP’s $40 billion offer for Potash Corp. unlikely to proceed

    By macleans.ca - Tuesday, September 21, 2010 at 12:10 PM - 0 Comments

    Citigroup says BHP will not overpay and Sask. isn’t convinced about the deal

    According to Citigroup Inc., BHP Billiton Ltd.’s $40 billion offer for Potash Corp. may not proceed because the bidder is unlikely to overpay and there’s little chance that a competitor will emerge. BHP stock is currently factoring in a bid of about $145 a share, $15 above the current offer. But BHP may need to offer $150 a share to win control of the Saskatoon, Saskatchewan-based Potash Corp. Saskatchewan Premier Brad Wall also isn’t convinced the deal for the world’s largest producer of potash is in the best interests of Canadians. He’s met with the head of global mining giant BHP Billiton but he remains skeptical about the company’s hostile takeover bid. Meanwhile, Prime Minister Stephen Harper says the government will also take a restrained approach to the possibility of a foreign takeover.

    CTV News

    Bloomberg

  • Does Canada deserve a UN Security Council seat?

    By macleans.ca - Tuesday, September 21, 2010 at 11:18 AM - 0 Comments

    Ignatieff says Harper’s record raises doubts

    Liberal Leader Michael Ignatieff says Prime Minister Stephen Harper has “basically ignored” the United Nations, creating little basis for Canada’s bid for a seat on the UN Security Council. Yet Harper is slated to address the UN twice this week, once at the Millennium Development Goals summit and again at the General Assembly. The speeches come as Canada competes with Germany and Portugal for a two-year temporary seat on the council. “I know how important it is for Canada to get a seat on the Security Council,” Ignatieff said, “but Canadians have to ask a tough question: Has this government earned that place?” Meanwhile, Spiegel reports that in Germany the debate is about whether the country can ever hope to gain permanent membership, and the veto power that goes with it, enjoyed only by the United States, China, Russia, France and Britain. But first things first—the vote on the second-tier two-year seat is slated for mid-October.

    Winnipeg Free Press

    Spiegel

  • Vatican bank chief suspected of money laundering

    By macleans.ca - Tuesday, September 21, 2010 at 11:16 AM - 0 Comments

    Italian judge freezes 23 million euros held in the Vatican’s name

    A judge in Rome has ordered a freeze on 23 million euros held in a bank account in the Vatican’s name. Source told The Guardian that when Pope Benedict XVI left for Britain, a unit of the Italian revenue guard informed prosecutors of a discrepancy in the Vatican-owned account at the Rome branch of Credito Artigiano. The head of the Vatican Bank, Ettore Gotti Tedeschi, is currently being investigated for money laundering.

    The Guardian

  • Dementia will cost over 1 per cent of world’s GDP: study

    By macleans.ca - Tuesday, September 21, 2010 at 11:06 AM - 0 Comments

    Costs will exceed revenue of Wal-Mart or Exxon Mobil

    Costs associated with dementia will total over 1 per cent of the world’s gross domestic product this year, coming in at over $604 billion. This poses the most significant health and social crisis of the century, notes the World Alzheimer Report, adding that the cost will exceed the revenue of Wal-Mart or Exxon Mobil. Investment in care and treatment is needed, campaigners say, noting that investing now will reduce the burden in the future. A large part of the issue is rising life expectancy, and as people live longer, more people will develop dementia. The number of people with dementia is expected to double by 2030, and triple by 2050.

    BBC News

From Macleans