PG&E Rescue Fund Bond Sale Delayed by Drop in Power Demand
ALL CAPITALISM IS STATE CAPITALISM
NATIONALIZE PG&E, EDISON
Romy Varghese Bloomberg June 22, 2020
(Bloomberg) -- The coronavirus-related economic shutdowns have led to one arcane consequence: delaying California’s sale of $10.5 billion in bonds to finance future wildfire costs.
Power customers are using less electricity with shops and businesses closed, and that has slowed the efforts to pay down bonds sold in the last energy crisis that must be defeased before the new debt is offered.
The delay means the state can’t take advantage of the current rally in the $3.9 trillion municipal market. While investors in need of tax-havens generally seek California bonds, the market now is seeing even greater demand for such securities. Bondholders are set to receive a wall of debt payments this summer that’s expected to exceed the amount of new securities on tap.
“It’s hard to anticipate what the fall is going to look like,” said James Dearborn, director of municipal credit research at DWS. “If they were issuing bonds today, I think they would be well received.”
Last year, California Governor Gavin Newsom and state legislators agreed to establish a $21 billion fund to help utility giants including PG&E Corp. and Edison International cover future liabilities when their equipment ignites catastrophic blazes. Such exposure led to PG&E Corp.’s bankruptcy last year, and its incipient exit will allow it to tap the fund.
The fund was part of legislation needed to keep investor-owned power companies operating as wildfires increase in number and severity. An unusual California doctrine holds utilities liable for wildfires that their equipment sparks, even if they aren’t proven negligent, leaving officials worried about the reliability of power in the most-populous U.S. state.
Helping finance the fund is $10.5 billion to be raised through the sale of municipal revenue bonds. The bonds will be backed by a charge customers are already seeing on their bills from the $11.2 billion in bonds the state sold starting in 2002. That issuance reimbursed California from buying electricity for insolvent utilities hobbled by rising prices and manipulation by Enron Corp. and other companies in the deregulated market.
The catch: California officials have to wait until they can defease those bonds, of which $1.5 billion is outstanding. The amount collected by the $.005 per kilowatt hour charge depends on usage. With the state mandating residents to shelter in place at the end of March, electricity demand dropped. Since the first full week of the statewide stay-at-home order through June 7, homes, businesses and manufacturers used 3.7% less in electricity on an average weekday, according to California ISO, which manages the state’s power grid.
Originally, the bonds were to be retired around the third week of August. Due to lower than projected revenue, the estimate is now mid- to late-September, with the new bonds potentially being sold in October, according to the state treasurer’s office. It’s likely the new bonds would pay back the $2 billion in loans to the fund from the state’s general fund, said H.D. Palmer, a spokesman for Newsom’s finance department.
Contributions from the utilities make up the rest of the fund. PG&E’s share is $4.8 billion. Southern California Edison made its initial contribution to the fund of $2.4 billion in September 2019 and made the first of its 10 annual payments of $95 million in December. SDG&E made its first initial contribution of $322.5 million and its first of its ten annual payments of $12.9 million.
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It’s possible that I shall make an ass of myself. But in that case one can always get out of it with a little dialectic. I have, of course, so worded my proposition as to be right either way (K.Marx, Letter to F.Engels on the Indian Mutiny)
Monday, June 22, 2020
Patagonia joins The North Face in Facebook ad boycottElizabeth Culliford Reuters June 22, 2020
A 3D-printed Facebook logo is seen placed on a keyboard in this illustration
By Elizabeth Culliford
(Reuters) - Outdoor apparel brand Patagonia Inc will pause its ads on Facebook Inc
"We will pull all ads on Facebook and Instagram, effective immediately, through at least the end of July, pending meaningful action from the social media giant," the company said in a series of tweets on Sunday attributed to its head of marketing, Cory Bayers.
The Stop Hate for Profit campaign was started last week by several U.S. civil rights groups who said the social network was doing too little to stop hate speech on its platforms.
Patagonia, which has been politically vocal in the past, joins companies including clothing maker VF Corp's
"From secure elections to a global pandemic to racial justice, the stakes are too high to sit back and let the company continue to be complicit in spreading disinformation and fomenting fear and hatred," said one of Patagonia's tweets.
The campaign follows the death of George Floyd, a U.S. Black man who died in police custody, which has triggered worldwide protests against racism and police brutality. Floyd died after a Minneapolis police officer knelt on his neck for nearly nine minutes while detaining him on May 25.
Facebook's chief executive, Mark Zuckerberg, was criticized after the company, unlike Twitter Inc
"We deeply respect any brand's decision, and remain focused on the important work of removing hate speech and providing critical voting information," Carolyn Everson, vice president of Facebook's global business group, said in a statement on Monday. "Our conversations with marketers and civil rights organizations are about how, together, we can be a force for good."
Facebook is the second-largest U.S. digital ad player after Alphabet Inc's
(Reporting by Elizabeth Culliford in Birmingham, England; Editing by Matthew Lewis)
'White lives matter' banner flies above Premier League stadium, outraging soccer fans
Sporting NewsJune 22, 2020
A plane carrying a "White Lives Matter" banner was seen above the Etihad during Burnley's clash with Manchester City, sparking outrage amid ongoing protests and demonstrations against racial inequality.
All Premier League players have worn "Black Lives Matter" across the back of their shirts since the return to play, with the tribute following protests that began in the U.S. following the death of George Floyd.
Those protests have sparked demonstrations all over the world, with Weston McKennie, Jadon Sancho and Marcus Thuram among those to make displays in the Bundesliga, with Marcelo headlining those in La Liga.
In the Premier League, shirts have also had a Black Lives Matter patch on their shirts in addition to a patch for the NHS to commemorate the organization's work during the coronavirus outbreak.
In addition to the shirts, players have been partaking in a moment of silence prior to kickoff, while also taking a knee on the opening whistle to show solidarity with the Black Lives Matter movement.
Shortly following the start of Tuesday's match between second-place Manchester City and 11th-place Burnley, a plane was spotted overhead carrying a banner that read "White Lives Matter Burnley."
White Lives Matter planeMore
The display came just a few minutes into the match, moments after the players on the pitch finished kneeling, and circled overhead for the first moments of the match.
There has been no confirmation who paid for the banner to be displayed, but reaction on social media saw the message immediately condemned.
A plane flying over the Etihad stating: "White Live Matter, Burnley." Absolutely pathetic.— Jonathan Smith (@jonnysmiffy) June 22, 2020
Imagine being so upset players are taking a knee to fight for other human's rights that you make a banner and rent a plane to try and say your life matters. This country is done. pic.twitter.com/T8dgSkoqwk— Elliot Hackney (@ElliotHackney) June 22, 2020
A plane has just flown over the Man City V Burnley game with a banner that says “White lives matter - Burnley.”
An absolute disgrace.
— Freddie (@FreddieBailey96) June 22, 2020
Whoever’s put that plane banner in the air has no place at Turf Moor. Backwards, disgusting, embarrassing. Get out of our club.— Amy (@amywiseman22) June 22, 2020
Indeed, Burnley released an official statement at half-time, which reads:
"Burnley Football Club strongly condemns the actions of those responsible for the aircraft and offensive banner that flew over The Etihad Stadium on Monday evening. We wish to make it clear that those responsible are not welcome at Turf Moor. This, in no way, represents what Burnley Football Club stands for and we will work fully with the authorities to identify those responsible and issue lifetime bans.
"The club has a proud record of working with all genders, religions and faiths through its award-winning Community scheme, and stands against racism of any kind. We are fully behind the Premier League’s Black Lives Matter initiative and, in line with all other Premier League games undertaken since Project Restart, our players and football staff willingly took the knee at kick-off at Manchester City.
"We apologize unreservedly to the Premier League, to Manchester City and to all those helping to promote Black Lives Matter."
Don't expect shale to rise like a 'phoenix from the ashes': Oil expert
Ines Ferré Markets Reporter Yahoo Finance June 22, 2020
Don’t expect the U.S. shale industry, battered by the pandemic and an oil price war earlier this year, to move into strong growth levels any time soon, says one oil expert.
“There are those who think that shale will still rise like the Phoenix from the ashes like it has, in the previous downturns,” Vandana Hari, founder and CEO of Vanda Insights, told Yahoo Finance’s The First Trade.
“I think that shale has taken a really hard knock this time. It will be very hard for it to come back,” she added.
“It’s a very debt-dependent sector, unlike a lot of other oil and gas producers globally. And I think the investors have soured quite a bit on the shale sector; they're just not going to be ready to jump back in.” said Hari.
A study by Deloitte shows when crude futures are at $35 a barrel, about 30% of U.S. shale companies are “technically insolvent.”
The study also noted that “challenging oil market conditions could prompt the shale industry to impair or write-down the value of their assets by as much as $300 billion—with significant impairments expected in Q2 2020.”
The research indicates deep consolidation in the industry is likely to follow.
Big oil companies expected to fair better
Hari sees the major oil companies coming out strong from the pandemic.
“The oil majors generally — those with deep pockets —those who are staying on track with regards to new energies, environmentally-friendly businesses, those usually tend to do better,” said Hari
“The BPs (BP), Shells (RDS-A), Exxon Mobils (XOM) at the world, they are also able to raise a debt, even in the current circumstances,” she added.
Oil service companies which normally provide engineering, fluid hauling, surveying, and testing are not expected to fair as well.
“Services companies, really, their fate depends on how quickly upstream investment globally rebounds and really, I don't see that happening anytime soon.”
In this photo made on Thursday, March 12, 2020, workers change the equipment on the drilling platform at a Seneca Resources shale gas well drilling site in St. Mary's, Pa. (AP Photo/Keith Srakocic)
‘Shadow still lingering on the markets’
Oil prices have seen weekly gains for seven out the last eight weeks, thanks to OPEC+ cuts and renewed optimism over demand rebounding.
On Monday, Brent crude (BZ=F) futures gained +2% to settle at 43.08 a barrel. The West Texas Intermediate (CL=F) contract for August rose +1% to settle above $40 a barrel for the first time since March.
Prices could hover around current levels as COVID-19 cases resurface in some areas of the US and the world.
“There’s a shadow still lingering on the markets,” said Hari. “The emergence of the economies out of the coronavirus lockdowns have proved anything but smooth so far.”
Ines covers the U.S. stock market from the floor of the New York Exchange. Follow her on Twitter at @ines_ferre
Oil prices have seen weekly gains for seven out the last eight weeks, thanks to OPEC+ cuts and renewed optimism over demand rebounding.
On Monday, Brent crude (BZ=F) futures gained +2% to settle at 43.08 a barrel. The West Texas Intermediate (CL=F) contract for August rose +1% to settle above $40 a barrel for the first time since March.
Prices could hover around current levels as COVID-19 cases resurface in some areas of the US and the world.
“There’s a shadow still lingering on the markets,” said Hari. “The emergence of the economies out of the coronavirus lockdowns have proved anything but smooth so far.”
Ines covers the U.S. stock market from the floor of the New York Exchange. Follow her on Twitter at @ines_ferre
Wirecard Fights for Survival as Billions May Not Exist
No Missing Wirecard Funds in Philippines: Central Bank
Chanyaporn Chanjaroen Bloomberg June 22, 2020
(Bloomberg) -- Wirecard AG was left fighting for survival after acknowledging that 1.9 billion euros ($2.1 billion) that it had reported as assets probably don’t exist, deepening an accounting scandal that has rattled Germany’s financial industry.
The payments processor said it’s in discussions with creditors and considering a full-scale restructuring after pulling its financial results for fiscal 2019 and the first quarter of 2020. Previous descriptions of its business with third parties, which process transactions on Wirecard’s behalf, were “not correct.”
Even before the early Monday statement, the unfolding scandal had seen Wirecard’s shares and bonds collapse, its chief executive depart, and left the company renegotiating debt terms with its lenders. In less than a week, the fintech once hyped as the future of German finance has lost almost 90% of its market value, with the shares slumping for a third trading day on Monday.
“It’s a complete disaster we’re looking at,” said Felix Hufeld, head of BaFin, Germany’s top financial regulator, at a panel discussion Monday. “It’s a shame that something like that happened.”
Wirecard said it was in “constructive discussions” with its lending banks, including the extension of lines coming due at the end of June. It is working with investment bank Houlihan Lokey on a sustainable financing strategy. Also under consideration are cost reductions, a restructuring, and disposal or termination of business units and product segments, according to the statement.
“There is a prevailing likelihood that the bank trust account balances in the amount of 1.9 billion euros do not exist,” Wirecard said. The firm had repeatedly delayed announcing its financial statements, and last week warned that loans of as much as 2 billion euros could be terminated if its audited annual report wasn’t published by June 19.
Cracks are already appearing among Wirecard’s lenders. Bank of China Ltd. may write off most of the 80 million euros ($90 million) it’s owed and not extend its credit line, according to people familiar with the situation.
Moody’s Investors Service decided on Monday to withdraw Wirecard’s credit ratings because it “believes it has insufficient or otherwise inadequate information to support the maintenance of the ratings.” It had already cut the ratings six levels on Friday, putting it one step from the lowest tier of junk.
Read more on how Wirecard became an embarrassment for Germany
Wirecard fell as much as 50% and traded 38% lower at 12:35 p.m. in Frankfurt. The stock has lost 85% since Wednesday, the day before it revealed that the funds were missing.
Wirecard’s lenders are demanding more clarity from the company in return for the extension of almost $2 billion in financing after it breached terms on the loan, people familiar with the matter said earlier. At least 15 commercial lenders, including Commerzbank AG and ABN Amro, are in hectic negotiations about the steps to take, they said.
The missing cash “could trigger an event of default and allow creditors to withdraw lines of credit,” said Justin Tang, head of Asian research at United First Partners in Singapore.
Wirecard has an outstanding revolving credit facility of 1.75 billion euros, according to data compiled by Bloomberg. About 90% of the RCF has been drawn by the company, according to people familiar with the matter and a list detailing the facility’s participation that was seen by Bloomberg:
It’s unclear how the latest admissions will affect discussions with the banks. Most are leaning toward an extension of the repayment obligation in order to better assess the potential impact of a default on their balance sheets, one of the people said. However, a prolonged extension could be seen as delaying an insolvency, which is illegal under German law.
The scandal has prompted the resignation of Markus Braun after almost two decades as CEO. He was replaced on an interim basis by James Freis. Braun is unwinding a large portion of the shares he owns in the company, a stake he financed by borrowing against the stock’s value, Bloomberg has reported.
Read more on how Braun has to unwind pledged shares
The deepening mystery over the lost money centered on two Philippine lenders, after Wirecard said a couple of unnamed Asian banks had been unable to find accounts with the cash.
Both the Bank of the Philippine Islands and BDO Unibank Inc. said Wirecard wasn’t a client and they hadn’t seen the money. None of the missing cash entered the Philippine financial system, according to the nation’s central bank, which is conducting its own investigation.
A document purporting to show a link between Wirecard and BPI was “bogus” and may be part of an attempted fraud, the bank’s President Cezar Consing said Friday. BDO Unibank CEO Nestor Tan said it was a matter of “document fraud which was subsequently clarified by the bank as spurious.”
Wirecard is continuing to investigate the matter and can’t rule out potential effects on the financial accounts of previous years, it said in Monday’s statement.
SEE WIRECARD
https://plawiuk.blogspot.com/2020/06/wirecard-committed-elaborate-and.html
https://plawiuk.blogspot.com/2020/06/fraud-wirecard-shares-plunge-after.html
No Missing Wirecard Funds in Philippines: Central Bank
Chanyaporn Chanjaroen Bloomberg June 22, 2020
(Bloomberg) -- Wirecard AG was left fighting for survival after acknowledging that 1.9 billion euros ($2.1 billion) that it had reported as assets probably don’t exist, deepening an accounting scandal that has rattled Germany’s financial industry.
The payments processor said it’s in discussions with creditors and considering a full-scale restructuring after pulling its financial results for fiscal 2019 and the first quarter of 2020. Previous descriptions of its business with third parties, which process transactions on Wirecard’s behalf, were “not correct.”
Even before the early Monday statement, the unfolding scandal had seen Wirecard’s shares and bonds collapse, its chief executive depart, and left the company renegotiating debt terms with its lenders. In less than a week, the fintech once hyped as the future of German finance has lost almost 90% of its market value, with the shares slumping for a third trading day on Monday.
“It’s a complete disaster we’re looking at,” said Felix Hufeld, head of BaFin, Germany’s top financial regulator, at a panel discussion Monday. “It’s a shame that something like that happened.”
Wirecard said it was in “constructive discussions” with its lending banks, including the extension of lines coming due at the end of June. It is working with investment bank Houlihan Lokey on a sustainable financing strategy. Also under consideration are cost reductions, a restructuring, and disposal or termination of business units and product segments, according to the statement.
“There is a prevailing likelihood that the bank trust account balances in the amount of 1.9 billion euros do not exist,” Wirecard said. The firm had repeatedly delayed announcing its financial statements, and last week warned that loans of as much as 2 billion euros could be terminated if its audited annual report wasn’t published by June 19.
Cracks are already appearing among Wirecard’s lenders. Bank of China Ltd. may write off most of the 80 million euros ($90 million) it’s owed and not extend its credit line, according to people familiar with the situation.
Moody’s Investors Service decided on Monday to withdraw Wirecard’s credit ratings because it “believes it has insufficient or otherwise inadequate information to support the maintenance of the ratings.” It had already cut the ratings six levels on Friday, putting it one step from the lowest tier of junk.
Read more on how Wirecard became an embarrassment for Germany
Wirecard fell as much as 50% and traded 38% lower at 12:35 p.m. in Frankfurt. The stock has lost 85% since Wednesday, the day before it revealed that the funds were missing.
Wirecard’s lenders are demanding more clarity from the company in return for the extension of almost $2 billion in financing after it breached terms on the loan, people familiar with the matter said earlier. At least 15 commercial lenders, including Commerzbank AG and ABN Amro, are in hectic negotiations about the steps to take, they said.
The missing cash “could trigger an event of default and allow creditors to withdraw lines of credit,” said Justin Tang, head of Asian research at United First Partners in Singapore.
Wirecard has an outstanding revolving credit facility of 1.75 billion euros, according to data compiled by Bloomberg. About 90% of the RCF has been drawn by the company, according to people familiar with the matter and a list detailing the facility’s participation that was seen by Bloomberg:
It’s unclear how the latest admissions will affect discussions with the banks. Most are leaning toward an extension of the repayment obligation in order to better assess the potential impact of a default on their balance sheets, one of the people said. However, a prolonged extension could be seen as delaying an insolvency, which is illegal under German law.
The scandal has prompted the resignation of Markus Braun after almost two decades as CEO. He was replaced on an interim basis by James Freis. Braun is unwinding a large portion of the shares he owns in the company, a stake he financed by borrowing against the stock’s value, Bloomberg has reported.
Read more on how Braun has to unwind pledged shares
The deepening mystery over the lost money centered on two Philippine lenders, after Wirecard said a couple of unnamed Asian banks had been unable to find accounts with the cash.
Both the Bank of the Philippine Islands and BDO Unibank Inc. said Wirecard wasn’t a client and they hadn’t seen the money. None of the missing cash entered the Philippine financial system, according to the nation’s central bank, which is conducting its own investigation.
A document purporting to show a link between Wirecard and BPI was “bogus” and may be part of an attempted fraud, the bank’s President Cezar Consing said Friday. BDO Unibank CEO Nestor Tan said it was a matter of “document fraud which was subsequently clarified by the bank as spurious.”
Wirecard is continuing to investigate the matter and can’t rule out potential effects on the financial accounts of previous years, it said in Monday’s statement.
SEE WIRECARD
https://plawiuk.blogspot.com/2020/06/wirecard-committed-elaborate-and.html
https://plawiuk.blogspot.com/2020/06/fraud-wirecard-shares-plunge-after.html
Trump Says He’s Cutting Troops in Germany Over Pipeline and NATO
A WEEK AFTER HE ANNOUNCED THE 'SURPRISE' TROOP WITHDRAWAL HE COMES UP WITH AN EXCUSE
OTHER THAN PETULANCE Mario Parker and Josh Wingrove Bloomberg June 20, 2020
(Bloomberg) -- President Donald Trump says he’s reducing the number of U.S. troops in Germany because the country doesn’t spend enough on defense and supports a pipeline project with Russia.
Trump spoke Saturday in Tulsa, Oklahoma, in the first political rally he’s held since the coronavirus pandemic swept across the U.S.
“We’re supposed to protect Germany from Russia, but Germany is paying Russia billions of dollars for energy coming from a pipeline, brand new pipeline,” Trump said. “Excuse me, how does that work?”
The U.S. has pressured Germany to abandon the Nord Stream 2 pipeline, which is owned by Russia’s Gazprom PJSC, but has conceded it likely won’t be able to block it. The company is pressing ahead with construction.
Trump had earlier recalled a dispute with German Chancellor Angela Merkel over her country’s defense spending, urging her to meet the 2% target for members of the North Atlantic Treaty Organization.
“They’re delinquent, for many years they’re delinquent,” Trump said. “They say ‘yes, we think by 2030, maybe 2032, we could get current.’ I said ‘no, Angela, Angela please, don’t say that Angela.’ It’s true.”
He referred to Merkel as a “very good negotiator” but indicated he wants her to both raise defense spending and account retroactively for shortages in previous years.
“They forget about all the money that wasn’t paid, I said what about the trillion dollars that you really owe,” he said. “So, we’re negotiating. Let’s see.”
Merkel’s defense minister, Annegret Kramp-Karrenbauer, said in November that Germany wouldn’t meet the NATO benchmark until 2031 because of a lack of military personnel.
(Bloomberg) -- President Donald Trump says he’s reducing the number of U.S. troops in Germany because the country doesn’t spend enough on defense and supports a pipeline project with Russia.
Trump spoke Saturday in Tulsa, Oklahoma, in the first political rally he’s held since the coronavirus pandemic swept across the U.S.
“We’re supposed to protect Germany from Russia, but Germany is paying Russia billions of dollars for energy coming from a pipeline, brand new pipeline,” Trump said. “Excuse me, how does that work?”
The U.S. has pressured Germany to abandon the Nord Stream 2 pipeline, which is owned by Russia’s Gazprom PJSC, but has conceded it likely won’t be able to block it. The company is pressing ahead with construction.
Trump had earlier recalled a dispute with German Chancellor Angela Merkel over her country’s defense spending, urging her to meet the 2% target for members of the North Atlantic Treaty Organization.
“They’re delinquent, for many years they’re delinquent,” Trump said. “They say ‘yes, we think by 2030, maybe 2032, we could get current.’ I said ‘no, Angela, Angela please, don’t say that Angela.’ It’s true.”
He referred to Merkel as a “very good negotiator” but indicated he wants her to both raise defense spending and account retroactively for shortages in previous years.
“They forget about all the money that wasn’t paid, I said what about the trillion dollars that you really owe,” he said. “So, we’re negotiating. Let’s see.”
Merkel’s defense minister, Annegret Kramp-Karrenbauer, said in November that Germany wouldn’t meet the NATO benchmark until 2031 because of a lack of military personnel.
CNN Anchor Corners Trump Campaign Spox: Are Dead Americans ‘Funny to You?’
Justin Baragona The Daily Beast June 22, 2020
CNN anchor Brianna Keilar took Trump campaign communications director Tim Murtaugh to task on Monday, repeatedly pressing him to defend Team Trump’s claim that the president was just “kidding” when he claimed over the weekend that he asked his administration to slow down coronavirus testing.
During his sparsely attended Tulsa rally on Saturday night, President Donald Trump told his supporters that he called on officials to slow COVID-19 testing in order to decrease the number of confirmed cases in the country. A White House official later told The Daily Beast that Trump was “obviously kidding” and Trump aide Peter Navarro claimed on Sunday that the remarks were “tongue-in-cheek.”
In a contentious Monday interview that also featured the CNN anchor grilling Murtaugh on Trump’s recent use of the racist phrase “Kung Flu,” Keilar brought up Trump’s testing comments, asking whether it was true that Trump wanted to slow it down as America passes 120,000 COVID-19 deaths.
Even ‘Fox & Friends’ Isn’t Buying Kayleigh McEnany’s Spin on Tulsa Rally Crowd
“No, it’s not. As a matter of fact, the United States leads the world in testing,” Murtaugh replied, prompting Keilar to immediately wonder why Trump was saying that.
“I understand there’s not much of a sense of humor at CNN center,” Murtaugh sneered. ”But the president was joking. He tried to illustrate the point that when you expand testing, you will naturally expand the number of positive cases that you detect.”
“That was the very point he was making,” he continued. “I’m not surprised that you’re either unable or unwilling to understand the president had a tongue-in-cheek remark there. But that’s the point he’s making.”
Keilar, meanwhile, pointed out that there are now “120,000 Americans dead,” adding: “I do not think that is funny. Do you think that is funny?”
After Murtaugh reiterated the president was just trying to “illustrate the point” about expanded testing, the CNN anchor pointed out that he just said “it’s a joke.”
Stammering, the Trump spokesperson said that one can “use ironic humor” in these situations, prompting Keilar to again interject.
“Is dead Americans, is unemployed Americans, is that funny to you?” Keilar dryly noted.
“You can ask it 100 different ways,” Murtaugh retorted, causing the CNN host to fire back: “And you won’t answer it.”
The Trump flack would go on to repeat his talking points about the president making a factual point about increased testing resulting in more confirmed cases, leaving Keilar with the final word.
“You are aware that hospitalization numbers disprove what you are saying,” she proclaimed. “That testing does not solely account for the numbers we’re seeing, including in Florida, a state you just held up as a model when it certainly is not.”
“It is not funny that Americans are dying, she concluded as a stone-faced Murtaugh stood silent. “It’s not funny that they’re unemployed. Tim Murtaugh, thank you for coming on.”
Justin Baragona The Daily Beast June 22, 2020
CNN anchor Brianna Keilar took Trump campaign communications director Tim Murtaugh to task on Monday, repeatedly pressing him to defend Team Trump’s claim that the president was just “kidding” when he claimed over the weekend that he asked his administration to slow down coronavirus testing.
During his sparsely attended Tulsa rally on Saturday night, President Donald Trump told his supporters that he called on officials to slow COVID-19 testing in order to decrease the number of confirmed cases in the country. A White House official later told The Daily Beast that Trump was “obviously kidding” and Trump aide Peter Navarro claimed on Sunday that the remarks were “tongue-in-cheek.”
In a contentious Monday interview that also featured the CNN anchor grilling Murtaugh on Trump’s recent use of the racist phrase “Kung Flu,” Keilar brought up Trump’s testing comments, asking whether it was true that Trump wanted to slow it down as America passes 120,000 COVID-19 deaths.
Even ‘Fox & Friends’ Isn’t Buying Kayleigh McEnany’s Spin on Tulsa Rally Crowd
“No, it’s not. As a matter of fact, the United States leads the world in testing,” Murtaugh replied, prompting Keilar to immediately wonder why Trump was saying that.
“I understand there’s not much of a sense of humor at CNN center,” Murtaugh sneered. ”But the president was joking. He tried to illustrate the point that when you expand testing, you will naturally expand the number of positive cases that you detect.”
“That was the very point he was making,” he continued. “I’m not surprised that you’re either unable or unwilling to understand the president had a tongue-in-cheek remark there. But that’s the point he’s making.”
Keilar, meanwhile, pointed out that there are now “120,000 Americans dead,” adding: “I do not think that is funny. Do you think that is funny?”
After Murtaugh reiterated the president was just trying to “illustrate the point” about expanded testing, the CNN anchor pointed out that he just said “it’s a joke.”
Stammering, the Trump spokesperson said that one can “use ironic humor” in these situations, prompting Keilar to again interject.
“Is dead Americans, is unemployed Americans, is that funny to you?” Keilar dryly noted.
“You can ask it 100 different ways,” Murtaugh retorted, causing the CNN host to fire back: “And you won’t answer it.”
The Trump flack would go on to repeat his talking points about the president making a factual point about increased testing resulting in more confirmed cases, leaving Keilar with the final word.
“You are aware that hospitalization numbers disprove what you are saying,” she proclaimed. “That testing does not solely account for the numbers we’re seeing, including in Florida, a state you just held up as a model when it certainly is not.”
“It is not funny that Americans are dying, she concluded as a stone-faced Murtaugh stood silent. “It’s not funny that they’re unemployed. Tim Murtaugh, thank you for coming on.”
U.S. officials to meet this week on Israel annexation plan
ISRAEL IS THE 51ST STATE OF THE USA THEY ARE A COLONIALIST POWER ANNEXING PALESTINIAN LANDS ILLEGALLY UNDER THE PROTECTION OF THE AMERICAN EMPIRE BUT FOR HOW MUCH LONGER?
Steve Holland and Matt Spetalnick Reuters June 22, 2020
WASHINGTON (Reuters) - U.S. officials will gather this week to discuss whether to give Israel a green light for its plan to annex Jewish settlements in the occupied West Bank, as Israeli Prime Minister Benjamin Netanyahu's target date of July 1 approaches.
A senior administration official said on Monday that the U.S. ambassador to Israel, David Friedman, will be in Washington to meet officials including Secretary of State Mike Pompeo, senior White House adviser Jared Kushner and Middle East envoy Avi Berkowitz. President Donald Trump could also join in.
Under Trump’s Middle East peace proposal, unveiled in January, it is envisaged that the United States would recognize the Jewish settlements - built on land that the Palestinians seek for a state - as part of Israel.
The proposal would create a Palestinian state as part of a broader peace plan, but impose strict conditions on it. Palestinian leaders have dismissed the initiative entirely.
Encouraged by Trump's push, Netanyahu has set July 1 as the date to launch his project of extending sovereignty over the settlements and the Jordan Valley, hoping for a green light from Washington. Most countries view Israel's settlements on occupied land as illegal, and Palestinian leaders have voiced outrage at the prospect of annexation.
"Ultimately, as the team approaches this thought of annexation, the main thing going through our heads is, 'Does this in fact help advance the cause of peace?' And therefore that is what will help drive a lot of the discussion," the official said.
LIMITED ANNEXATION FIRST?
Among the main options expected to be considered is a step-by-step process in which Israel would initially declare sovereignty over several settlements close to Jerusalem instead of the 30% of the West Bank envisaged in Netanyahu’s original plan, according to a person familiar with the matter.
The source said the Trump administration has not closed the door to a larger annexation, but fears that allowing Israel to move too fast could kill any hopes of eventually drawing the Palestinians to sit down to discuss Trump's peace plan.
There are also concerns about opposition to annexation from Jordan, one of only two countries that have a peace treaty with Israel, as well from Gulf states that have quietly expanded engagement with Israel in recent years.
Washington has also made clear it wants Israel’s unity government, which has been divided on the issue, to reach a consensus before going ahead with any actions, the source said. Defense Minister Benny Gantz, head of the Blue and White Party, has so far been reluctant to back Likud-leader Netanyahu’s plan.
Berkowitz has been fielding calls about the Trump plan from European and Arab nations, but the U.S. side has privately expressed frustration that they are not offering constructive ideas on how to amend it, a source familiar with the issue said.
(Reporting By Steve Holland and Matt Spetalnick; Editing by Kevin Liffey)
ISRAEL IS THE 51ST STATE OF THE USA THEY ARE A COLONIALIST POWER ANNEXING PALESTINIAN LANDS ILLEGALLY UNDER THE PROTECTION OF THE AMERICAN EMPIRE BUT FOR HOW MUCH LONGER?
Steve Holland and Matt Spetalnick Reuters June 22, 2020
WASHINGTON (Reuters) - U.S. officials will gather this week to discuss whether to give Israel a green light for its plan to annex Jewish settlements in the occupied West Bank, as Israeli Prime Minister Benjamin Netanyahu's target date of July 1 approaches.
A senior administration official said on Monday that the U.S. ambassador to Israel, David Friedman, will be in Washington to meet officials including Secretary of State Mike Pompeo, senior White House adviser Jared Kushner and Middle East envoy Avi Berkowitz. President Donald Trump could also join in.
Under Trump’s Middle East peace proposal, unveiled in January, it is envisaged that the United States would recognize the Jewish settlements - built on land that the Palestinians seek for a state - as part of Israel.
The proposal would create a Palestinian state as part of a broader peace plan, but impose strict conditions on it. Palestinian leaders have dismissed the initiative entirely.
Encouraged by Trump's push, Netanyahu has set July 1 as the date to launch his project of extending sovereignty over the settlements and the Jordan Valley, hoping for a green light from Washington. Most countries view Israel's settlements on occupied land as illegal, and Palestinian leaders have voiced outrage at the prospect of annexation.
"Ultimately, as the team approaches this thought of annexation, the main thing going through our heads is, 'Does this in fact help advance the cause of peace?' And therefore that is what will help drive a lot of the discussion," the official said.
LIMITED ANNEXATION FIRST?
Among the main options expected to be considered is a step-by-step process in which Israel would initially declare sovereignty over several settlements close to Jerusalem instead of the 30% of the West Bank envisaged in Netanyahu’s original plan, according to a person familiar with the matter.
The source said the Trump administration has not closed the door to a larger annexation, but fears that allowing Israel to move too fast could kill any hopes of eventually drawing the Palestinians to sit down to discuss Trump's peace plan.
There are also concerns about opposition to annexation from Jordan, one of only two countries that have a peace treaty with Israel, as well from Gulf states that have quietly expanded engagement with Israel in recent years.
Washington has also made clear it wants Israel’s unity government, which has been divided on the issue, to reach a consensus before going ahead with any actions, the source said. Defense Minister Benny Gantz, head of the Blue and White Party, has so far been reluctant to back Likud-leader Netanyahu’s plan.
Berkowitz has been fielding calls about the Trump plan from European and Arab nations, but the U.S. side has privately expressed frustration that they are not offering constructive ideas on how to amend it, a source familiar with the issue said.
(Reporting By Steve Holland and Matt Spetalnick; Editing by Kevin Liffey)
Canopy Growth sees $70B pot market by 2023, driven by U.S. legalization
Jeff Lagerquist Yahoo Finance Canada June 22, 2020
(GETTY) CANADIAN LEGAL OVER THE COUNTER
Jeff Lagerquist Yahoo Finance Canada June 22, 2020
(GETTY) CANADIAN LEGAL OVER THE COUNTER
OVER PACKAGED POT THAT IS LESS POTENT
THAN STREET POT
Canopy Growth (WEED.TO)(CGC) sees the addressable legal cannabis market expanding to nearly $70 billion globally by 2023, up from almost $10 billion today.
“Canada is expected to be about four times the size that it was in 2019. U.S. CBD, six times. In Germany, about 10 times . . . by the time we get to 2023,” Canopy’s chief executive officer David Klein said during the company’s virtual investor day on Monday. “Our goal is to hold a leading share position in each of these markets.”
Since taking over the CEO job in January, Klein has narrowed Canopy’s global focus to those three countries amid a sweeping overhaul of the cannabis giant. He sees growth in the company’s core markets reaching $22 billion by 2023, with $60 billion to be unlocked once cannabis sales are permissible under U.S. federal law.
He told Yahoo Finance Canada earlier this month that he expects that to happen in 2022, regardless of the outcome of the U.S. presidential election, allowing Canopy to enter the world’s largest pot market through its deal to acquire Acreage Holdings (ACRG-U.CN).
While shut out of selling THC cannabis stateside, Canopy has focused on building a consumer base through its CBD brand launched in late 2019 called First & Free, as well as sports drinks and skin care products through its BioSteel and This Works subsidiaries.
Klein said the U.S. CBD market is currently worth $3 billion annually, and is expected to hit $10B by 2023. He notes U.S. CBD is currently a “cluttered and confusing” space with more than 2,700 brands in the market, and 94 per cent of companies realizing sales of less than a million annually.
The U.S. Food and Drug Administration’s (FDA) ban on marketing the non-intoxicating cannabis compound as a food additive or dietary supplement has been a roadblock for the CBD category.
Klein said Canopy is acting as “a voice for our industry on Capitol Hill,” actively sharing CBD research with the FDA, and holding ongoing discussions with political leaders to see it classified as a dietary supplement.
Canopy plans to roll out 40 plus CBD products for the U.S. market spanning gummies, vapes and beverages. A line by Martha Stewart is expected in the fall, with a focus on humans, and later pets.
“Our aspirations in the U.S. CBD market is based upon our expectation that by full-year 2023 the market would be a $10 billion market at retail. The FDA would have clarified CBD regulations, opening a pathway to broader distribution and product formats, and we’d be on the way to becoming a leading CBD supplier to large format retailers,” Klein said.
Turning to Canada, Canopy recently saw its share of its home recreational market slip. Chief product officer Rade Kovacevic said Canopy still holds a top three market share position in most province and territories.
Klein said the company is taking steps to address the Smiths Falls, Ont.-based pot giant’s waning dominance.
The plan involves greater focus on the popular lower-priced cannabis category, improved quality, and promotion of its cannabis 2.0 offerings like beverages, vapes and chocolates. Canopy will also cull underperforming items from its portfolio.
“Roughly 30 per cent of our SKUs have accounted for 80 per cent of our Canada recreational shipments. Simply put, we had too many low-velocity SKUs through our supply chain taking away resources from executing on the supply of high-velocity SKUs,” said Kovacevic.
“We’ve missed opportunities to capture $20 million in sales in Q4 alone due to product availability issues.”
Newly hired chief insights officer Chris Edwards said Canopy is looking to those outside the current crop of cannabis consumers to fuel future growth. According to his figures over the last 12 months, only a quarter of the potential market has consumed cannabis, 37 per cent of which bought through legal channels.
“There are different barriers that need to be overcome to get them to consume our products,” he said. “Product innovation that doesn’t require inhalation is a huge opportunity. Our beverage portfolio has products with rapid onset and no calories and sugar.”
Canopy said it has shipped over 530,000 beverage units since the first products hit the Canadian market in the spring.
In the German medical market, Canopy expects 2023 sales of close to $2 billion. The company acquired German-based cannabinoid firm C3 in 2019 to tap into growing adoption of medical cannabis therapies in Europe’s largest medical market.
“There’s only a couple hundred million dollars in sales today,” Edwards said. “It’s going to be well north of a couple of billion dollars. So we’re very bullish on the German market long term.”
Jeff Lagerquist is a senior reporter at Yahoo Finance Canada. Follow him on Twitter @jefflagerquist.
Canopy Growth (WEED.TO)(CGC) sees the addressable legal cannabis market expanding to nearly $70 billion globally by 2023, up from almost $10 billion today.
“Canada is expected to be about four times the size that it was in 2019. U.S. CBD, six times. In Germany, about 10 times . . . by the time we get to 2023,” Canopy’s chief executive officer David Klein said during the company’s virtual investor day on Monday. “Our goal is to hold a leading share position in each of these markets.”
Since taking over the CEO job in January, Klein has narrowed Canopy’s global focus to those three countries amid a sweeping overhaul of the cannabis giant. He sees growth in the company’s core markets reaching $22 billion by 2023, with $60 billion to be unlocked once cannabis sales are permissible under U.S. federal law.
He told Yahoo Finance Canada earlier this month that he expects that to happen in 2022, regardless of the outcome of the U.S. presidential election, allowing Canopy to enter the world’s largest pot market through its deal to acquire Acreage Holdings (ACRG-U.CN).
While shut out of selling THC cannabis stateside, Canopy has focused on building a consumer base through its CBD brand launched in late 2019 called First & Free, as well as sports drinks and skin care products through its BioSteel and This Works subsidiaries.
Klein said the U.S. CBD market is currently worth $3 billion annually, and is expected to hit $10B by 2023. He notes U.S. CBD is currently a “cluttered and confusing” space with more than 2,700 brands in the market, and 94 per cent of companies realizing sales of less than a million annually.
The U.S. Food and Drug Administration’s (FDA) ban on marketing the non-intoxicating cannabis compound as a food additive or dietary supplement has been a roadblock for the CBD category.
Klein said Canopy is acting as “a voice for our industry on Capitol Hill,” actively sharing CBD research with the FDA, and holding ongoing discussions with political leaders to see it classified as a dietary supplement.
Canopy plans to roll out 40 plus CBD products for the U.S. market spanning gummies, vapes and beverages. A line by Martha Stewart is expected in the fall, with a focus on humans, and later pets.
“Our aspirations in the U.S. CBD market is based upon our expectation that by full-year 2023 the market would be a $10 billion market at retail. The FDA would have clarified CBD regulations, opening a pathway to broader distribution and product formats, and we’d be on the way to becoming a leading CBD supplier to large format retailers,” Klein said.
Turning to Canada, Canopy recently saw its share of its home recreational market slip. Chief product officer Rade Kovacevic said Canopy still holds a top three market share position in most province and territories.
Klein said the company is taking steps to address the Smiths Falls, Ont.-based pot giant’s waning dominance.
The plan involves greater focus on the popular lower-priced cannabis category, improved quality, and promotion of its cannabis 2.0 offerings like beverages, vapes and chocolates. Canopy will also cull underperforming items from its portfolio.
“Roughly 30 per cent of our SKUs have accounted for 80 per cent of our Canada recreational shipments. Simply put, we had too many low-velocity SKUs through our supply chain taking away resources from executing on the supply of high-velocity SKUs,” said Kovacevic.
“We’ve missed opportunities to capture $20 million in sales in Q4 alone due to product availability issues.”
Newly hired chief insights officer Chris Edwards said Canopy is looking to those outside the current crop of cannabis consumers to fuel future growth. According to his figures over the last 12 months, only a quarter of the potential market has consumed cannabis, 37 per cent of which bought through legal channels.
“There are different barriers that need to be overcome to get them to consume our products,” he said. “Product innovation that doesn’t require inhalation is a huge opportunity. Our beverage portfolio has products with rapid onset and no calories and sugar.”
Canopy said it has shipped over 530,000 beverage units since the first products hit the Canadian market in the spring.
In the German medical market, Canopy expects 2023 sales of close to $2 billion. The company acquired German-based cannabinoid firm C3 in 2019 to tap into growing adoption of medical cannabis therapies in Europe’s largest medical market.
“There’s only a couple hundred million dollars in sales today,” Edwards said. “It’s going to be well north of a couple of billion dollars. So we’re very bullish on the German market long term.”
Jeff Lagerquist is a senior reporter at Yahoo Finance Canada. Follow him on Twitter @jefflagerquist.
Winnipeg plant gets $100M in federal financing to pull protein from peas (PULSE), canola (GMO)
OTTAWA — The federal government is helping finance an innovative, new agricultural production plant in Winnipeg that turns peas and canola into protein powders for the food industry.
Merit Functional Foods Corp. plans to have its new 94,000-square-foot production plant at Winnipeg's Centreport running by the end of the year.
There it will extract protein from peas and canola seeds for use in everything from pre-packaged protein shakes and meat-alternative foods to non-dairy creamers and energy bars.
The company intends to use only Canadian-grown peas and canola and claims to be the first in the world that will produce canola protein for the food industry.
Demand for plant-based proteins is soaring as people around the world seek to find meat alternatives in a bid to improve their health and that of the planet. Merit is seeking to make protein additives from peas and canola that taste better and have improved textures.
Merit signed a development agreement with Nestle in January to use Merit's pea and canola protein products in Nestle's food offerings.
The plant is expected to create 80 new jobs.
This report by The Canadian Press was first published June 22, 2020.
ALL CAPITALISM IS STATE CAPITALISM
The Canadian Press June 22, 2020
OTTAWA — The federal government is helping finance an innovative, new agricultural production plant in Winnipeg that turns peas and canola into protein powders for the food industry.
Merit Functional Foods Corp. plans to have its new 94,000-square-foot production plant at Winnipeg's Centreport running by the end of the year.
There it will extract protein from peas and canola seeds for use in everything from pre-packaged protein shakes and meat-alternative foods to non-dairy creamers and energy bars.
The company intends to use only Canadian-grown peas and canola and claims to be the first in the world that will produce canola protein for the food industry.
"This facility will be a world leader in plant-based proteins and will create good jobs in a fast-growing field," Prime Minister Justin Trudeau said Monday. "And by using 100 per cent Canadian inputs, it will also support farmers who produce the canola and yellow peas used in Merit's products."Ottawa is contributing a total of $100 million, including a previously announced $9.2 million from the Protein Industries Supercluster.Loans of $25 million and $55 million are coming from Farm Credit Canada and Export Development Canada, while the AgriInnovate Program is contributing a $10-million repayable grant.
Demand for plant-based proteins is soaring as people around the world seek to find meat alternatives in a bid to improve their health and that of the planet. Merit is seeking to make protein additives from peas and canola that taste better and have improved textures.
Merit signed a development agreement with Nestle in January to use Merit's pea and canola protein products in Nestle's food offerings.
The plant is expected to create 80 new jobs.
This report by The Canadian Press was first published June 22, 2020.
Signs people will choose work over CERB in jobs data, Qualtrough says
'SIGNS ARE NOT MEANINGS' SEMIOTICS
The Canadian Press June 22, 2020
OTTAWA — Canada's employment minister says the country's most recent job figures suggest that low-wage workers will go back to a job if one is available instead of remaining on federal aid.
Carla Qualtrough says the growth in jobs from May gives her confidence that workers will choose to work when they get an offer and are able to do so.
Statistics Canada's labour force survey for May showed that lower-wage jobs rebounded at a faster rate than the national rate as restrictions meant to slow the spread of the novel coronavirus started to ease.
Speaking at the Senate's finance committee today, Qualtrough says the finding means people chose to work rather than keep receiving the $2,000-a-month Canada Emergency Response Benefit.
Still, she says the government is doing everything possible to retool pandemic-related aid programs like the CERB to help get workers and companies back on the job.
Qualtrough also says the government does not know exactly what the country's labour market will look like in the coming weeks and months, but is certain that some people won't have jobs to return to.
This report by The Canadian Press was first published June 22, 2020.
The Canadian Press
The Canadian Press June 22, 2020
OTTAWA — Canada's employment minister says the country's most recent job figures suggest that low-wage workers will go back to a job if one is available instead of remaining on federal aid.
Carla Qualtrough says the growth in jobs from May gives her confidence that workers will choose to work when they get an offer and are able to do so.
Statistics Canada's labour force survey for May showed that lower-wage jobs rebounded at a faster rate than the national rate as restrictions meant to slow the spread of the novel coronavirus started to ease.
Speaking at the Senate's finance committee today, Qualtrough says the finding means people chose to work rather than keep receiving the $2,000-a-month Canada Emergency Response Benefit.
Still, she says the government is doing everything possible to retool pandemic-related aid programs like the CERB to help get workers and companies back on the job.
Qualtrough also says the government does not know exactly what the country's labour market will look like in the coming weeks and months, but is certain that some people won't have jobs to return to.
This report by The Canadian Press was first published June 22, 2020.
The Canadian Press
CANADA
Grocery executives called to testify over pandemic pay cuts
Alicja Siekierska Yahoo Finance CanadaJune 19, 2020
Crisis Management: Pandemic pay gets cancelled
Senior executives at Canada’s largest grocery stores will be summoned to a House of Commons committee to explain why pandemic pay raises were cancelled last week.
Liberal MP Nate Erskine-Smith introduced a motion at the House of Commons industry committee on Thursday calling on executives from Loblaw, Metro and Empire, the parent company of Sobeys, “to explain their decisions to cancel, on the same day, the modest increase in wages for front-line grocery workers during the pandemic, including how those decisions are consistent with competition laws.”
The motion was passed unanimously, with 11 committee members from all four parties voting in support of it. Other witnesses, including union leaders representing grocery store workers, may also be summoned.
Loblaw (L.TO), Metro (MRU.TO) and Empire (EMP) ended the temporary $2 per hour pandemic pay raise provided to frontline workers through the coronavirus pandemic on the same day, June 13. Walmart Canada has also introduced a pandemic pay raise, and confirmed it had returned wages to normal levels earlier.
Unions representing grocery store workers said they support the decision to bring grocery store executives before the committee.
“These workers have always been essential. The pandemic did not create that,” Unifor said in a statement.
“The added pay brought in during the pandemic was a good start in addressing historic inequities in the sector, but more needs to be done. Now is not the time to go backward.”
Grocery executives called to testify over pandemic pay cuts
Alicja Siekierska Yahoo Finance CanadaJune 19, 2020
Crisis Management: Pandemic pay gets cancelled
Senior executives at Canada’s largest grocery stores will be summoned to a House of Commons committee to explain why pandemic pay raises were cancelled last week.
Liberal MP Nate Erskine-Smith introduced a motion at the House of Commons industry committee on Thursday calling on executives from Loblaw, Metro and Empire, the parent company of Sobeys, “to explain their decisions to cancel, on the same day, the modest increase in wages for front-line grocery workers during the pandemic, including how those decisions are consistent with competition laws.”
The motion was passed unanimously, with 11 committee members from all four parties voting in support of it. Other witnesses, including union leaders representing grocery store workers, may also be summoned.
Loblaw (L.TO), Metro (MRU.TO) and Empire (EMP) ended the temporary $2 per hour pandemic pay raise provided to frontline workers through the coronavirus pandemic on the same day, June 13. Walmart Canada has also introduced a pandemic pay raise, and confirmed it had returned wages to normal levels earlier.
Unions representing grocery store workers said they support the decision to bring grocery store executives before the committee.
“These workers have always been essential. The pandemic did not create that,” Unifor said in a statement.
“The added pay brought in during the pandemic was a good start in addressing historic inequities in the sector, but more needs to be done. Now is not the time to go backward.”
Canadians working from home permanently should expect salary changes: experts
AND NOT FOR THE BETTER EITHER The Canadian Press June 21, 2020
TORONTO — When Mark Zuckerberg hosted a townhall in late May with Facebook's 48,000 employees, some were tuning in from new cities they had scrambled to move to as the pandemic hit.
Zuckerberg had a clear message for them: if you plan to stay, expect a change to your pay.
"That means if you live in a location where the cost of living is dramatically lower, or the cost of labour is lower, then salaries do tend to be somewhat lower in those places," he said on the video conference, where he announced more employees would be allowed to work remotely permanently.
Zuckerberg gave Canadian and American workers until Jan. 1, 2021 to inform the company about their location, so it can properly complete taxes and accounting and use virtual private network checks to confirm staff are where they claim.
The demand is part of a new reality Canadian workers are being confronted with as employers try to quell the spread of COVID-19 and increasingly consider making remote work permanent.
The shift means many companies are having to rethink salaries and compensation, while grappling with the logistics of a new work model.
Only one-third of Canadians working remotely expect to resume working from the office as consistently as they did pre-pandemic, while one-in-five say they will remain primarily at home, according to a June study from the Angus Reid Institute.
Like Facebook, Canadian technology companies Shopify Inc. and Open Text Corp. have already announced more employees will soon have the option to permanently work remotely.
Both declined interviews with The Canadian Press, but Richard Leblanc, a professor of governance, law and ethics at York University, said he wouldn't be surprised if their staff that relocate will see their pay change.
"It's inevitable because the cost and expense structure of work has changed," he said.
"If you, for example decide, that you could do the majority of your work from well outside the Greater Toronto Area...and you want to buy a home in Guelph or in Hamilton, should we expect the base salary for those individuals might change? Yes, because your cost of living has changed and your expenses have changed."
If companies calculate salaries properly, neither the business nor workers should feel their salary adjustments are unfair, Leblanc said.
However, figuring out what to pay staff transitioning to permanent remote work is tough, especially with a pandemic raging on and forcing some businesses to lay off workers or keep companies closed.
Owners have to consider what salaries will help them retain talent, but also how their costs will change if workers are at home.
Companies, for example, may be able to slash real estate costs because they don't need as much — or any — office space, but may now have to cover higher taxes, pay for their workers to buy desks or supplies for their homes or offer a budget for them to use on renting spaces to meet clients.
"(Businesses) are looking at every line item on their on their income statement....because they want to make sure they can survive and thrive over the long-term," said Jean McClellan, a partner at PricewaterhouseCoopers LLP's Canadian consulting practice.
Companies like GitLab, an all-remote company in San Francisco focused on tools for software developers, may offer some clues about how Canadian companies opting for permanent remote work can tackle salaries.
When GitLab started offering permanent remote work years ago it built a compensation calculator combining a worker's role and seniority with a rent index that correlates local market salaries with rent prices in the area.
THESE ARE AVERAGE SALARIES FOR REMOTE WORK IN FACT THEY ARE LESS THAN GAS PLANT WORKERS EARN IN FORT MAC OR TRADESMEN MAKE THERE
Anyone can visit GitLab's site and plug in a role, experience level and location to find a salary.
GitLab's junior data engineers, for example, make between $50,936 and $68,913 if they live in Whitehorse, Yellowknife or Iqaluit, where the Canada Mortgage and Housing Corporation said the average rents for a two-bedroom home last October were $1,695, $1,100 and $2,678 respectively.
That salary shoots up to anywhere from $74,359 to $100,603 for those living in Toronto, Vancouver or Victoria, where CMHC reported the average rents for a two-bedroom home last October were $1,562, $1,748 and $1,448 respectively.
Leblanc warned that varying remote work salaries can create "a global competition for talent in an online world."
People who apply for permanent remote jobs, he said, may find their fighting for the role against far more people than ever before because companies will be able to source talent living anywhere in the world.
The companies that don't offer remote work at all could also find themselves at a disadvantage, if their industry starts to value flexibility and look less favourably at companies that don't offer it.
GitLab settled on its model and calculator because the company said they offer transparency and eliminate biases around race, gender or disabilities.
Its co-founder Sid Sijbrandij wrote in a blog that the calculator was dreamed up because every time he hired someone, there was a conversation around reasonable compensation.
The negotiation would usually revolve around what the person made beforehand, which was dependent on what city they were in. Gitlab scrapped that model in favour of the calculator and also started letting workers know if they move their salary could change.
However, GitLab acknowledges that many people see paying someone less for the same work in the same role regardless of where they live as "harsh." The company disagrees.
"We can't remain consistent if we make exceptions to the policy and allow someone to make greater than local competitive rate for the same work others in that region are doing (or will be hired to do)," it says.
"We realize we might lose a few good people over this pay policy, but being fair to all team members is not negotiable."
This report by The Canadian Press was first published June 21, 2020.
Companies in this story: (TSX: SHOP, TSX:OTEX)
Tara Deschamps, The Canadian Press
TORONTO — When Mark Zuckerberg hosted a townhall in late May with Facebook's 48,000 employees, some were tuning in from new cities they had scrambled to move to as the pandemic hit.
Zuckerberg had a clear message for them: if you plan to stay, expect a change to your pay.
"That means if you live in a location where the cost of living is dramatically lower, or the cost of labour is lower, then salaries do tend to be somewhat lower in those places," he said on the video conference, where he announced more employees would be allowed to work remotely permanently.
Zuckerberg gave Canadian and American workers until Jan. 1, 2021 to inform the company about their location, so it can properly complete taxes and accounting and use virtual private network checks to confirm staff are where they claim.
The demand is part of a new reality Canadian workers are being confronted with as employers try to quell the spread of COVID-19 and increasingly consider making remote work permanent.
The shift means many companies are having to rethink salaries and compensation, while grappling with the logistics of a new work model.
Only one-third of Canadians working remotely expect to resume working from the office as consistently as they did pre-pandemic, while one-in-five say they will remain primarily at home, according to a June study from the Angus Reid Institute.
Like Facebook, Canadian technology companies Shopify Inc. and Open Text Corp. have already announced more employees will soon have the option to permanently work remotely.
Both declined interviews with The Canadian Press, but Richard Leblanc, a professor of governance, law and ethics at York University, said he wouldn't be surprised if their staff that relocate will see their pay change.
"It's inevitable because the cost and expense structure of work has changed," he said.
"If you, for example decide, that you could do the majority of your work from well outside the Greater Toronto Area...and you want to buy a home in Guelph or in Hamilton, should we expect the base salary for those individuals might change? Yes, because your cost of living has changed and your expenses have changed."
If companies calculate salaries properly, neither the business nor workers should feel their salary adjustments are unfair, Leblanc said.
However, figuring out what to pay staff transitioning to permanent remote work is tough, especially with a pandemic raging on and forcing some businesses to lay off workers or keep companies closed.
Owners have to consider what salaries will help them retain talent, but also how their costs will change if workers are at home.
Companies, for example, may be able to slash real estate costs because they don't need as much — or any — office space, but may now have to cover higher taxes, pay for their workers to buy desks or supplies for their homes or offer a budget for them to use on renting spaces to meet clients.
"(Businesses) are looking at every line item on their on their income statement....because they want to make sure they can survive and thrive over the long-term," said Jean McClellan, a partner at PricewaterhouseCoopers LLP's Canadian consulting practice.
Companies like GitLab, an all-remote company in San Francisco focused on tools for software developers, may offer some clues about how Canadian companies opting for permanent remote work can tackle salaries.
When GitLab started offering permanent remote work years ago it built a compensation calculator combining a worker's role and seniority with a rent index that correlates local market salaries with rent prices in the area.
THESE ARE AVERAGE SALARIES FOR REMOTE WORK IN FACT THEY ARE LESS THAN GAS PLANT WORKERS EARN IN FORT MAC OR TRADESMEN MAKE THERE
Anyone can visit GitLab's site and plug in a role, experience level and location to find a salary.
GitLab's junior data engineers, for example, make between $50,936 and $68,913 if they live in Whitehorse, Yellowknife or Iqaluit, where the Canada Mortgage and Housing Corporation said the average rents for a two-bedroom home last October were $1,695, $1,100 and $2,678 respectively.
That salary shoots up to anywhere from $74,359 to $100,603 for those living in Toronto, Vancouver or Victoria, where CMHC reported the average rents for a two-bedroom home last October were $1,562, $1,748 and $1,448 respectively.
Leblanc warned that varying remote work salaries can create "a global competition for talent in an online world."
People who apply for permanent remote jobs, he said, may find their fighting for the role against far more people than ever before because companies will be able to source talent living anywhere in the world.
The companies that don't offer remote work at all could also find themselves at a disadvantage, if their industry starts to value flexibility and look less favourably at companies that don't offer it.
GitLab settled on its model and calculator because the company said they offer transparency and eliminate biases around race, gender or disabilities.
Its co-founder Sid Sijbrandij wrote in a blog that the calculator was dreamed up because every time he hired someone, there was a conversation around reasonable compensation.
The negotiation would usually revolve around what the person made beforehand, which was dependent on what city they were in. Gitlab scrapped that model in favour of the calculator and also started letting workers know if they move their salary could change.
However, GitLab acknowledges that many people see paying someone less for the same work in the same role regardless of where they live as "harsh." The company disagrees.
"We can't remain consistent if we make exceptions to the policy and allow someone to make greater than local competitive rate for the same work others in that region are doing (or will be hired to do)," it says.
"We realize we might lose a few good people over this pay policy, but being fair to all team members is not negotiable."
This report by The Canadian Press was first published June 21, 2020.
Companies in this story: (TSX: SHOP, TSX:OTEX)
Tara Deschamps, The Canadian Press
Anchorage wants to buy 4 properties to relieve homelessness
The Canadian Press June 22, 2020
ANCHORAGE, Alaska — Anchorage municipal officials said they are considering spending up to $22.5 million to buy property that would be converted to shelters and service sites.
The proposed ordinance for the purchases would use federal coronavirus relief funding designated for the municipality.
The properties under consideration include the Bean’s Cafe food service and shelter and a former Alaska Club building for use as engagement centres for homeless residents.
The city is also considering buying a Best Western/Golden Lion Inn for a treatment facility and an Americas Best Value Inn & Suites for housing and for resource distribution.
Mayor Ethan Berkowitz said Friday that the public would be involved throughout the process to address longstanding community problems.
“There are hard choices in front of us,” Berkowitz said. "One of the choices we can make is doing nothing. But doing nothing at this point is a deliberative choice.”
Berkowitz's chief of staff, Jason Bockenstedt, said the Americas Best Value property in Spenard has 100 rooms that could accommodate unsheltered residents and provide office space for social service agency workers.
The property would provide what Bockenstedt called “bridge housing."
Bridge housing offers temporary accommodations while tenants search for permanent homes and address other life issues, often with the help of case managers.
The former Alaska Club building near the Old Seward Highway could accommodate up to 125 people in an overnight shelter in addition to serving as a daytime engagement centre , said Chris Schutte, Anchorage economic and community development director.
The coronavirus health emergency initially shifted the city’s homeless shelter system away from the Brother Francis Shelter and Bean’s Cafe.
The city opened two sporting arenas as mass shelters to allow social distancing between cots. The Ben Boeke Ice Arena has since ended shelter services while the adjacent Sullivan Arena continues to accommodate up to 377 people.
For most people, the coronavirus causes mild or moderate symptoms, such as fever and cough that clear up in two to three weeks. For some, especially older adults and people with existing health problems, it can cause more severe illness, including pneumonia, and death. The vast majority of people recover.
The Associated Press
High art: Banksy and Warhol works to adorn Toronto pot shop
Jeff Lagerquist Yahoo Finance Canada June 15, 2020
The Tokyo Smoke store at 21 Bloor St. E.
A downtown Toronto cannabis store is featuring works by famed British street artist Banksy and American pop art icon Andy Warhol.
The Tokyo Smoke location at 21 Bloor St. E is owned by Toronto-based filmmaker Rob Heydon.
The art from Heydon’s private collection will include “never-before-seen in Canada” pieces by Banksy, as wells some of the artist’s most celebrated works. The store will also feature pieces from other “disruptive artists,” including Andy Warhol, as part of a permanent exhibit.
“In these strange times, it felt fitting to allow customers to browse, shop and learn about cannabis while enjoying some art, while waiting patiently as we practise social distancing,” Heydon stated in a news release on Monday.
Tokyo Smoke, a brand owned by cannabis giant Canopy Growth (WEED.TO)(CGC), currently has five stores open throughout the city.
This new location is steps from one of Toronto’s poshest shopping districts, dubbed the “Mink Mile” for its concentration of luxury brands like Hermes and Prada. Cannabis retailer Fire & Flower (FAF.TO) has been renting pricy retail space on the same stretch of Bloor Street for a store that has yet to open due to regulatory delays.
Jeff Lagerquist Yahoo Finance Canada June 15, 2020
The Tokyo Smoke store at 21 Bloor St. E.
A downtown Toronto cannabis store is featuring works by famed British street artist Banksy and American pop art icon Andy Warhol.
The Tokyo Smoke location at 21 Bloor St. E is owned by Toronto-based filmmaker Rob Heydon.
The art from Heydon’s private collection will include “never-before-seen in Canada” pieces by Banksy, as wells some of the artist’s most celebrated works. The store will also feature pieces from other “disruptive artists,” including Andy Warhol, as part of a permanent exhibit.
“In these strange times, it felt fitting to allow customers to browse, shop and learn about cannabis while enjoying some art, while waiting patiently as we practise social distancing,” Heydon stated in a news release on Monday.
Tokyo Smoke, a brand owned by cannabis giant Canopy Growth (WEED.TO)(CGC), currently has five stores open throughout the city.
This new location is steps from one of Toronto’s poshest shopping districts, dubbed the “Mink Mile” for its concentration of luxury brands like Hermes and Prada. Cannabis retailer Fire & Flower (FAF.TO) has been renting pricy retail space on the same stretch of Bloor Street for a store that has yet to open due to regulatory delays.
Systemic Racism Exists In Canada. It’s A Fact, Not An Opinion
There are two crises in front of us: COVID-19 and the emergence of systemic racism deniers.
By Zi-Ann Lum
MERT ALPER DERVIS/ANADOLU AGENCY VIA GETTY IMAGES
JEFF MCINTOSH/CP
We can all certainly do better in diversifying our newsrooms, particularly in leadership roles.
While Murphy was allowed to write his pointless polemic, journalist Desmond Cole has been fighting for years for police to end racial profiling, which has not been unheard of on Parliament Hill. But his byline disappeared from the Toronto Star a few years ago because the newspaper found his advocacy, which he’s described to be in the service of Black liberation, unsavoury. But other reporters were given space to write stories about their own activism.
For Black, Indigenous, and people of colour, it takes an enormous amount of emotional labour to explain the invisible barriers they face. Look at poverty and incarceration rates. The suicide rate among Indigenous people is three times higher than among non-Indigenous groups.
“No one should have to make the case for why their humanity matters,” wrote TVO journalist Nam Kiwanuka recently. “If this conversation makes you uncomfortable, ask yourself why.”
Prime Minister Justin Trudeau said Thursday that Canadians continue to watch the police brutality at anti-police brutality protests in the United States with “horror and consternation.” He said Canada has to look inward and “make sure that the millions of Canadians who face discrimination and intolerance every single day in their lived reality get better support.” He did not elaborate on what help would be offered.
Though their hearts may be in the right place, politicians who reaffirm that racism exists aren’t helping by stating what’s been obvious for people’s entire lifetimes.
Trudeau joined a solidarity march in honour of Floyd on Parliament Hill in Ottawa Friday and took a knee.
Since 2015, the prime minister has repeated variations of the phrase, “diversity is Canada’s strength.” But his party, and the federal Conservatives, both launched Chinese-language ads in Asian grocery stores during the election, playing into anti-Blackness stereotypes that exist within those communities to shore votes.
This week, federal leaders stood in the House of Commons to express their support for the Black community and to denounce racism. “Diversity is the result of our strength and our strength is and always has been our freedom,” said Conservative Opposition Leader Andrew Scheer. But these were not original words written for an unprecedented time. The message has been repeated word-for-word for a year, most recently in a statement about Holi.
These kinds of vague statements fetishize multiculturalism by focusing on optics. They can perpetuate systemic racism by failing to move a national dialogue beyond well-used truisms.
“Non-controversial aspects of culture such as food, clothing, dance and music” are promoted and monetized in tourism campaigns, according to Canadian author Kogila Moodley. The message of multiculturalism isn’t focused on equity or affirmative action.
Though their hearts may be in the right place, politicians who reaffirm that racism exists aren’t helping by stating what’s been obvious for people’s entire lifetimes.
The pandemic and protests have together drawn a big, red circle around the perverse, disproportionate impact systemic racism has on racialized groups. It’s also revealed a dearth of race-based, socioeconomic data that could be compiled to improve access to employment, housing and other essential services. But there are sensitivities to work through, too. Historically, racial data hasn’t always been analyzed with good intentions.
When systemic racism deniers reveal themselves, during a pandemic, it’s insensitive, upsetting and enraging. But addressing blind spots in health care, immigration, justice, media, and political systems isn’t for the faint of heart. There’s a new generation of leaders — Black, Indigenous, and people of colour — growing, learning, and waiting in the wings.
Legault’s approval ratings may be soaring right now, but that oomph doesn’t give him licence to amplify his opinion that systemic racism doesn’t exist. It does. If denying climate change is unacceptable, why is denying systemic racism OK?
There was a moment in April where the Quebec premier confessed the province entered the pandemic “ill equipped.” “I assume full responsibility,” he said. If he were able to redo one thing to better prepare his province for the arrival of the novel coronavirus, Legault said: “I would have increased the wages of orderlies faster, even without the accord of the unions.”
So, he’s watching and listening. And others are, too.
Have a personal story you’d like to share on HuffPost Canada? You can find more information here on how to pitch and contact us.
CLARIFICATION: An earlier version of this column stated Bloc Québécois Leader Yves-François Blanchet denied systemic racism exists in Canada, in reference to vague comments made in a press conference on June 2, 2020. The next day, he offered a clearer response saying “it does exist.” This version has been updated.
There are two crises in front of us: COVID-19 and the emergence of systemic racism deniers.
By Zi-Ann Lum
MERT ALPER DERVIS/ANADOLU AGENCY VIA GETTY IMAGES
Thousands attend a protest against racism at the Olympic Cauldron at Jack Poole Plaza on June 5, 2020 in Vancouver.
It felt like there was a wild glitch in the universe this week when Quebec Premier François Legault, Bloc Québécois Leader Yves-François Blanchet, Ontario Premier Doug Ford and now-former CBC commentator Stockwell Day either sidestepped questions or denied that systemic racism exists in Canada.
Ford and Blanchet both responded to the subject this week with initial vague comments that were later clarified. “Of course there’s systemic racism in Ontario, there’s systemic racism across this country,” Ford said. Blanchet, in turn, referenced the government’s treatment of First Nations people as an example that “it does exist.”
Legault expressed solidarity with thousands of protesters in Montreal who marched against police brutality last weekend following the killing of George Floyd, a Black man who died in Minneapolis last week after a white officer knelt on his neck during an arrest. Looking at our country, the Quebec premier downplayed the problem of racism. There’s “some discrimination,” he said. “There’s no systemic discrimination.”
Systemic racism and discrimination exists. It’s a fact, not an opinion. And it’s certainly not up to white men in positions of power to arbitrate whether or not it does.
CARLOS OSORIO / REUTERS
It felt like there was a wild glitch in the universe this week when Quebec Premier François Legault, Bloc Québécois Leader Yves-François Blanchet, Ontario Premier Doug Ford and now-former CBC commentator Stockwell Day either sidestepped questions or denied that systemic racism exists in Canada.
Ford and Blanchet both responded to the subject this week with initial vague comments that were later clarified. “Of course there’s systemic racism in Ontario, there’s systemic racism across this country,” Ford said. Blanchet, in turn, referenced the government’s treatment of First Nations people as an example that “it does exist.”
Legault expressed solidarity with thousands of protesters in Montreal who marched against police brutality last weekend following the killing of George Floyd, a Black man who died in Minneapolis last week after a white officer knelt on his neck during an arrest. Looking at our country, the Quebec premier downplayed the problem of racism. There’s “some discrimination,” he said. “There’s no systemic discrimination.”
Systemic racism and discrimination exists. It’s a fact, not an opinion. And it’s certainly not up to white men in positions of power to arbitrate whether or not it does.
CARLOS OSORIO / REUTERS
Friends and family of Regis Korchinski-Paquet lead protesters as they march on May 30, 2020 to protest the deaths in the U.S. of Ahmaud Arbery, Breonna Taylor and George Floyd, and of Toronto's Regis Korchinski-Paquet, who died after falling from an apartment building while police officers were present.
It’s everywhere. Systemic racism is entrenched in our health-care and immigration systems. It manifests in practices and policies that exclude or promote members of a particular group. And it’s been well-documented: Countless reports have been released documenting unique barriers Black and Indigenous people face in accessing health care.
Coronavirus outbreaks have torn through long-term care homes in this country partly due to interconnected problems flagged years earlier. At the time of writing, COVID-19 has been linked to 7,700 deaths in Canada; 64 per cent in Quebec. The pandemic has exposed significant gaps in existing practices and policies that have put Black communities at increased risk of COVID-19 infections.
Denying racism exists won’t give you the full picture of what’s behind these tragedies.
Canada’s history of undervaluing and underpaying care workers, a workforce over-represented by racialized and immigrant women, has exacerbated the impact of coronavirus outbreaks in care homes. Temporary foreign workers tied to one employer for a “specific, short-term labour need” may face unsafe conditions, but risk deportation by quitting. Workers facing this Catch-22 situation filled the High River, Alta. meat-processing plant that became the site of one of North America’s largest coronavirus outbreaks, with more than 1,500 documented cases.
Coronavirus outbreaks have torn through long-term care homes in this country partly due to interconnected problems flagged years earlier. At the time of writing, COVID-19 has been linked to 7,700 deaths in Canada; 64 per cent in Quebec. The pandemic has exposed significant gaps in existing practices and policies that have put Black communities at increased risk of COVID-19 infections.
Denying racism exists won’t give you the full picture of what’s behind these tragedies.
Canada’s history of undervaluing and underpaying care workers, a workforce over-represented by racialized and immigrant women, has exacerbated the impact of coronavirus outbreaks in care homes. Temporary foreign workers tied to one employer for a “specific, short-term labour need” may face unsafe conditions, but risk deportation by quitting. Workers facing this Catch-22 situation filled the High River, Alta. meat-processing plant that became the site of one of North America’s largest coronavirus outbreaks, with more than 1,500 documented cases.
JEFF MCINTOSH/CP
A mourner touches a photo at a memorial of Hiep Bui Nguyen, a Cargill worker who died from COVID-19, in Calgary, Alta. on May 4, 2020.
When someone denies racism exists in Canada, it signals that this person has, at most, a very partial understanding of how systemic barriers are embedded in our everyday lives. It’s alarming when these words come from the mouths of political party leaders.
Systemic racism is baked into the foundations of our justice and media systems. Is recognizing systemic racism a politically volatile subject? Maybe if you exclusively read the white-dominated opinion pages of the country’s broadsheets. We can all certainly do better in diversifying our newsrooms, particularly in leadership roles.
This week, the National Post ran a column by Rex Murphy giving him free rein to make the backward suggestion it’s only senior members of the Liberal party “who have a clear view of all this racism and discrimination.” His colleague, journalist Vanmala Subramaniam, took him to task the next day for his blind diatribe. She shouldn’t have had to do that. As Subramaniam put it: “Someone who has absolutely no lived experience of racism ... most certainly should not be allowed to declare that racism is over nor be given a national platform to do so.”
When someone denies racism exists in Canada, it signals that this person has, at most, a very partial understanding of how systemic barriers are embedded in our everyday lives. It’s alarming when these words come from the mouths of political party leaders.
Systemic racism is baked into the foundations of our justice and media systems. Is recognizing systemic racism a politically volatile subject? Maybe if you exclusively read the white-dominated opinion pages of the country’s broadsheets. We can all certainly do better in diversifying our newsrooms, particularly in leadership roles.
This week, the National Post ran a column by Rex Murphy giving him free rein to make the backward suggestion it’s only senior members of the Liberal party “who have a clear view of all this racism and discrimination.” His colleague, journalist Vanmala Subramaniam, took him to task the next day for his blind diatribe. She shouldn’t have had to do that. As Subramaniam put it: “Someone who has absolutely no lived experience of racism ... most certainly should not be allowed to declare that racism is over nor be given a national platform to do so.”
We can all certainly do better in diversifying our newsrooms, particularly in leadership roles.
While Murphy was allowed to write his pointless polemic, journalist Desmond Cole has been fighting for years for police to end racial profiling, which has not been unheard of on Parliament Hill. But his byline disappeared from the Toronto Star a few years ago because the newspaper found his advocacy, which he’s described to be in the service of Black liberation, unsavoury. But other reporters were given space to write stories about their own activism.
For Black, Indigenous, and people of colour, it takes an enormous amount of emotional labour to explain the invisible barriers they face. Look at poverty and incarceration rates. The suicide rate among Indigenous people is three times higher than among non-Indigenous groups.
“No one should have to make the case for why their humanity matters,” wrote TVO journalist Nam Kiwanuka recently. “If this conversation makes you uncomfortable, ask yourself why.”
Prime Minister Justin Trudeau said Thursday that Canadians continue to watch the police brutality at anti-police brutality protests in the United States with “horror and consternation.” He said Canada has to look inward and “make sure that the millions of Canadians who face discrimination and intolerance every single day in their lived reality get better support.” He did not elaborate on what help would be offered.
Though their hearts may be in the right place, politicians who reaffirm that racism exists aren’t helping by stating what’s been obvious for people’s entire lifetimes.
Trudeau joined a solidarity march in honour of Floyd on Parliament Hill in Ottawa Friday and took a knee.
Since 2015, the prime minister has repeated variations of the phrase, “diversity is Canada’s strength.” But his party, and the federal Conservatives, both launched Chinese-language ads in Asian grocery stores during the election, playing into anti-Blackness stereotypes that exist within those communities to shore votes.
This week, federal leaders stood in the House of Commons to express their support for the Black community and to denounce racism. “Diversity is the result of our strength and our strength is and always has been our freedom,” said Conservative Opposition Leader Andrew Scheer. But these were not original words written for an unprecedented time. The message has been repeated word-for-word for a year, most recently in a statement about Holi.
These kinds of vague statements fetishize multiculturalism by focusing on optics. They can perpetuate systemic racism by failing to move a national dialogue beyond well-used truisms.
“Non-controversial aspects of culture such as food, clothing, dance and music” are promoted and monetized in tourism campaigns, according to Canadian author Kogila Moodley. The message of multiculturalism isn’t focused on equity or affirmative action.
Though their hearts may be in the right place, politicians who reaffirm that racism exists aren’t helping by stating what’s been obvious for people’s entire lifetimes.
The pandemic and protests have together drawn a big, red circle around the perverse, disproportionate impact systemic racism has on racialized groups. It’s also revealed a dearth of race-based, socioeconomic data that could be compiled to improve access to employment, housing and other essential services. But there are sensitivities to work through, too. Historically, racial data hasn’t always been analyzed with good intentions.
When systemic racism deniers reveal themselves, during a pandemic, it’s insensitive, upsetting and enraging. But addressing blind spots in health care, immigration, justice, media, and political systems isn’t for the faint of heart. There’s a new generation of leaders — Black, Indigenous, and people of colour — growing, learning, and waiting in the wings.
Legault’s approval ratings may be soaring right now, but that oomph doesn’t give him licence to amplify his opinion that systemic racism doesn’t exist. It does. If denying climate change is unacceptable, why is denying systemic racism OK?
There was a moment in April where the Quebec premier confessed the province entered the pandemic “ill equipped.” “I assume full responsibility,” he said. If he were able to redo one thing to better prepare his province for the arrival of the novel coronavirus, Legault said: “I would have increased the wages of orderlies faster, even without the accord of the unions.”
So, he’s watching and listening. And others are, too.
Have a personal story you’d like to share on HuffPost Canada? You can find more information here on how to pitch and contact us.
CLARIFICATION: An earlier version of this column stated Bloc Québécois Leader Yves-François Blanchet denied systemic racism exists in Canada, in reference to vague comments made in a press conference on June 2, 2020. The next day, he offered a clearer response saying “it does exist.” This version has been updated.
Anti-Racism Organizers Talk Educating Rural Communities In Alberta's Heartland
Black lives matter on the Prairies just as much as in the big cities.
By Melanie Woods
JESSICA KAITLYN PHOTOGRAPHY
The moment I got into Cremona, that was the first time I experienced racism.Taylor McNallie
McNallie is not alone in her experience as a Black woman in central Alberta. Dieulita Datus has lived in central Alberta since 2007 and said she’s experienced everything from micro-aggressions to a confrontation involving a group of young men who waved a Confederate flag at her workplace.
“There are so many instances of racist attacks, micro-aggressive attacks that have been geared towards me,” she told HuffPost.
Central Alberta has a particularly dark past when it comes to racism. Eckville, about a 20-minute drive outside of Red Deer, is where high school teacher Jim Keegstra was charged and convicted of hate speech in 1984 for teaching his students anti-Semitic material denying the Holocaust.
Central Alberta was also once home to strong chapters of hate groups like the Aryan Nation, one of the last outlets of the KKK and was a hotbed of eugenics-based forced sterilization operations.
Even now, the area is predominantly white. In the 2016 census, less than one per cent of Cremona’s population identified as a visible minority. Eckville didn’t register a single person of a visible minority. And Red Deer, a city of over 100,000 people, had 15 per cent identifying as a visible minority, compared to 24 per cent for the whole of Alberta.
Central Alberta is very, very white. But that doesn’t mean people there can’t be anti-racist, McNallie says.
“Racism doesn’t stop at the border, it doesn’t stop at city limits either and I think it’s really important to have those conversations in rural areas,” she said.
TEACH IN'S WORK FOR EDUCATING AND AGITATING
But having those discussions in rural Alberta looks a lot different than the mass Black Lives Matter movements in major cities. McNallie said many people in small-town Alberta are wary of outsiders coming in for large demonstrations, particularly during the COVID-19 crisis. As a result, many events — including the one in Innisfail — have been structured more as discussions or learning sessions to elevate the voices of people of colour from these communities.
JESSICA KAITLYN PHOTOGRAPHY
Black lives matter on the Prairies just as much as in the big cities.
By Melanie Woods
JESSICA KAITLYN PHOTOGRAPHY
Hundreds attended a Black Lives Matter event in Innisfail, Alta. on June 13, 2020.
On a windy June day, George Floyd’s name echoed across the No Frills parking lot in Innisfail, Alta., just off Highway 2 that connects Calgary and Edmonton.
In a municipality of 8,000 where an organizer with United We Roll sits on town council and less than five per cent of the population identifies as a visible minority, nearly 1,000 people came together to talk about racism and police brutality.
While crowds have protested and marched in cities around the world following the death of George Floyd in Minneapolis and other Black people at the hands of police, a growing number are demonstrating in less expected.
The Innisfail Black Lives Matter rally was initially cancelled because of online racism. But a reconfigured rally went ahead, featuring homemade signs with slogans like “Rednecks against racism.”
Similar events, rallies and discussion groups are popping up in communities across rural and central Alberta, from Red Deer to Cremona to Caroline. In many of these mostly white communities, words like “micro-aggressions,” “systemic racism” and “white privilege” are being talked about seriously for the first time by residents and local politicians.
Much of the organizing has been guided by a series of Facebook pages and groups connecting people from villages like Cremona, population 444, to larger cities like Red Deer and Calgary.
Facebook groups and pages, including Rural Alberta Against Racism, Central Alberta Against Racism, Red Deer Against Racism, UBUNTU Central Alberta, have become sounding boards for people across the province.
Users share educational resources, messages of encouragement and memes as well as information on anti-racism rallies and discussions across Alberta. While many of the groups popped up in response to anti-Black racism, they’ve also become spaces to talk about injustice against Indigenous people or simply to educate white people on the basics of privilege.
Taylor McNallie is one of the founders of Rural Alberta Against Racism, a Facebook page and loose collective that supports anti-racism events and organizers in rural Alberta. She said her own experience growing up Black in an Alberta village has informed how she thinks about racism on the Prairies.
McNallie was born in Saskatoon, but her family moved to Cremona when she was young. She’s lived in several other small Alberta communities over the years, including Didsbury and Black Diamond before settling in Calgary, where she lives now with her partner and daughter.
As the only Black person in her community growing up, McNallie says she faced challenges.
“The moment I got into Cremona, that was the first time I experienced racism,” she told HuffPost Canada. “And I’m not gonna say that was the first time it’s ever happened. It’s probably just the first time I’ve noticed, because I grew up with a single mom who was white and she had me when she was very young, so I’m sure there were a lot of things that I just didn’t know were going on.”
On a windy June day, George Floyd’s name echoed across the No Frills parking lot in Innisfail, Alta., just off Highway 2 that connects Calgary and Edmonton.
In a municipality of 8,000 where an organizer with United We Roll sits on town council and less than five per cent of the population identifies as a visible minority, nearly 1,000 people came together to talk about racism and police brutality.
While crowds have protested and marched in cities around the world following the death of George Floyd in Minneapolis and other Black people at the hands of police, a growing number are demonstrating in less expected.
The Innisfail Black Lives Matter rally was initially cancelled because of online racism. But a reconfigured rally went ahead, featuring homemade signs with slogans like “Rednecks against racism.”
Similar events, rallies and discussion groups are popping up in communities across rural and central Alberta, from Red Deer to Cremona to Caroline. In many of these mostly white communities, words like “micro-aggressions,” “systemic racism” and “white privilege” are being talked about seriously for the first time by residents and local politicians.
Much of the organizing has been guided by a series of Facebook pages and groups connecting people from villages like Cremona, population 444, to larger cities like Red Deer and Calgary.
Facebook groups and pages, including Rural Alberta Against Racism, Central Alberta Against Racism, Red Deer Against Racism, UBUNTU Central Alberta, have become sounding boards for people across the province.
Users share educational resources, messages of encouragement and memes as well as information on anti-racism rallies and discussions across Alberta. While many of the groups popped up in response to anti-Black racism, they’ve also become spaces to talk about injustice against Indigenous people or simply to educate white people on the basics of privilege.
Taylor McNallie is one of the founders of Rural Alberta Against Racism, a Facebook page and loose collective that supports anti-racism events and organizers in rural Alberta. She said her own experience growing up Black in an Alberta village has informed how she thinks about racism on the Prairies.
McNallie was born in Saskatoon, but her family moved to Cremona when she was young. She’s lived in several other small Alberta communities over the years, including Didsbury and Black Diamond before settling in Calgary, where she lives now with her partner and daughter.
As the only Black person in her community growing up, McNallie says she faced challenges.
“The moment I got into Cremona, that was the first time I experienced racism,” she told HuffPost Canada. “And I’m not gonna say that was the first time it’s ever happened. It’s probably just the first time I’ve noticed, because I grew up with a single mom who was white and she had me when she was very young, so I’m sure there were a lot of things that I just didn’t know were going on.”
The moment I got into Cremona, that was the first time I experienced racism.Taylor McNallie
McNallie is not alone in her experience as a Black woman in central Alberta. Dieulita Datus has lived in central Alberta since 2007 and said she’s experienced everything from micro-aggressions to a confrontation involving a group of young men who waved a Confederate flag at her workplace.
“There are so many instances of racist attacks, micro-aggressive attacks that have been geared towards me,” she told HuffPost.
Central Alberta has a particularly dark past when it comes to racism. Eckville, about a 20-minute drive outside of Red Deer, is where high school teacher Jim Keegstra was charged and convicted of hate speech in 1984 for teaching his students anti-Semitic material denying the Holocaust.
Central Alberta was also once home to strong chapters of hate groups like the Aryan Nation, one of the last outlets of the KKK and was a hotbed of eugenics-based forced sterilization operations.
Even now, the area is predominantly white. In the 2016 census, less than one per cent of Cremona’s population identified as a visible minority. Eckville didn’t register a single person of a visible minority. And Red Deer, a city of over 100,000 people, had 15 per cent identifying as a visible minority, compared to 24 per cent for the whole of Alberta.
Central Alberta is very, very white. But that doesn’t mean people there can’t be anti-racist, McNallie says.
“Racism doesn’t stop at the border, it doesn’t stop at city limits either and I think it’s really important to have those conversations in rural areas,” she said.
TEACH IN'S WORK FOR EDUCATING AND AGITATING
But having those discussions in rural Alberta looks a lot different than the mass Black Lives Matter movements in major cities. McNallie said many people in small-town Alberta are wary of outsiders coming in for large demonstrations, particularly during the COVID-19 crisis. As a result, many events — including the one in Innisfail — have been structured more as discussions or learning sessions to elevate the voices of people of colour from these communities.
JESSICA KAITLYN PHOTOGRAPHY
Hundreds gathered for a Black Live Matters event in Innisfail, Alta. on June 13, 2020.
Rather than targeting more radical goals like defunding the police, for example, many of the organizers McNallie has worked with are simply focused on convincing people racism happens in their own communities in the first place.
“I think just awareness and having more people understand and be willing to learn is huge,” McNallie said. “We just want to have these conversations so that if it comes up again people know what to look for and what’s not OK, and maybe somebody can speak out and be an ally for somebody when they’re in that situation.”
It’s a strategy employed by other anti-racist organizers in the area too. Datus has worked with Sadia Khan to form a non-profit called UBUNTU - Mobilizing Central Alberta, a non-profit. The pair have travelled to many of the small-town, anti-racism rallies in recent weeks to speak to their own experiences as women of colour as a way to educate others.
Datus said it’s been inspiring to see the reception at these events.
JESSICA KAITLYN PHOTOGRAPHY
Rather than targeting more radical goals like defunding the police, for example, many of the organizers McNallie has worked with are simply focused on convincing people racism happens in their own communities in the first place.
“I think just awareness and having more people understand and be willing to learn is huge,” McNallie said. “We just want to have these conversations so that if it comes up again people know what to look for and what’s not OK, and maybe somebody can speak out and be an ally for somebody when they’re in that situation.”
It’s a strategy employed by other anti-racist organizers in the area too. Datus has worked with Sadia Khan to form a non-profit called UBUNTU - Mobilizing Central Alberta, a non-profit. The pair have travelled to many of the small-town, anti-racism rallies in recent weeks to speak to their own experiences as women of colour as a way to educate others.
Datus said it’s been inspiring to see the reception at these events.
JESSICA KAITLYN PHOTOGRAPHY
Hundreds attended a Black Lives Matter event in Innisfail on June 13, 2020.
“When I’m speaking and I look out into the crowd and see people of various ages, various backgrounds, various communities who show up, day in and day out, and say, ‘Hey, we support you,’ ‘Hey, we’re listening to you,’ ‘Hey, how can we help’ — those people give me my voice,” she said.
Khan said it’s important that people in central Alberta know that there are Black, Indigenous and other people of colour in their communities who experience racism.
She said UBUNTU is working to organize longer term anti-racism efforts through training workshops and unconscious bias training in municipalities, church groups and businesses.
We just want to have these conversations so that if it comes up again people know what to look for and what’s not OK.Taylor McNallie
Many people are welcoming the chance to learn.
Innisfail Mayor Jim Romane initially drew fire for comments to the Calgary Herald where he said that he didn’t notice racism in his community and that he believed “all lives matter,” a controversial phrase often used by critics of Black Lives Matter movements. But the 74-year-old mayor quickly apologized, and acknowledged there’s a lot more for him to learn.
“We want to learn, we want to learn about this racism that’s supposed to be in our community,” he said in an early June interview with HuffPost Canada. “We want to start a dialogue with the community and get to the bottom of this because we want nothing to do with racism in our community.”
Romane dutifully attended the June 13 rally.
JEFF MCINTOSH/THE CANADIAN PRESS
“When I’m speaking and I look out into the crowd and see people of various ages, various backgrounds, various communities who show up, day in and day out, and say, ‘Hey, we support you,’ ‘Hey, we’re listening to you,’ ‘Hey, how can we help’ — those people give me my voice,” she said.
Khan said it’s important that people in central Alberta know that there are Black, Indigenous and other people of colour in their communities who experience racism.
She said UBUNTU is working to organize longer term anti-racism efforts through training workshops and unconscious bias training in municipalities, church groups and businesses.
We just want to have these conversations so that if it comes up again people know what to look for and what’s not OK.Taylor McNallie
Many people are welcoming the chance to learn.
Innisfail Mayor Jim Romane initially drew fire for comments to the Calgary Herald where he said that he didn’t notice racism in his community and that he believed “all lives matter,” a controversial phrase often used by critics of Black Lives Matter movements. But the 74-year-old mayor quickly apologized, and acknowledged there’s a lot more for him to learn.
“We want to learn, we want to learn about this racism that’s supposed to be in our community,” he said in an early June interview with HuffPost Canada. “We want to start a dialogue with the community and get to the bottom of this because we want nothing to do with racism in our community.”
Romane dutifully attended the June 13 rally.
JEFF MCINTOSH/THE CANADIAN PRESS
Innisfail mayor Jim Romane is seen in Innisfail, Alta. on June 9, 2020.
“I am going to keep this short and sweet because quite frankly I am here to listen,” he said at the Innisfail event, after acknowledging that he and the council will work to “do better.”
McNallie said that’s the goal of anti-racism efforts in places like central Alberta — giving space for people to learn and grow.
“We’re going to make the resources available to them,” she said. “And that it’s just really about — keeping that conversation going and holding space for people to ask questions.”
McNallie says having all of the different groups like Rural Alberta Against Racism and UBUNTU working together in central and rural Alberta has created a sense of community not just in these locations, but also between the organizers.
Events are planned in the coming weeks for Sylvan Lake, Blackfalds, Carstairs, Olds, Sundre and Caroline. McNallie said she’ll be there, helping support local organizers.
“We’re going to keep going back and creating conversation sessions and different educational sessions so that the conversation is constantly going and we’re building relationships with the community members,” McNallie said.
“It can be just a very casual sit down — I’ll bring donuts and coffee — we’re going to hang out, we’re just going to talk. We’ll bring in and take away with new information.”
“I am going to keep this short and sweet because quite frankly I am here to listen,” he said at the Innisfail event, after acknowledging that he and the council will work to “do better.”
McNallie said that’s the goal of anti-racism efforts in places like central Alberta — giving space for people to learn and grow.
“We’re going to make the resources available to them,” she said. “And that it’s just really about — keeping that conversation going and holding space for people to ask questions.”
McNallie says having all of the different groups like Rural Alberta Against Racism and UBUNTU working together in central and rural Alberta has created a sense of community not just in these locations, but also between the organizers.
Events are planned in the coming weeks for Sylvan Lake, Blackfalds, Carstairs, Olds, Sundre and Caroline. McNallie said she’ll be there, helping support local organizers.
“We’re going to keep going back and creating conversation sessions and different educational sessions so that the conversation is constantly going and we’re building relationships with the community members,” McNallie said.
“It can be just a very casual sit down — I’ll bring donuts and coffee — we’re going to hang out, we’re just going to talk. We’ll bring in and take away with new information.”