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Canadian Press NewsAlert: $5 billion laundered through B.C. real estate in 2018

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VICTORIA — An independent report has found that $5 billion was laundered through British Columbia’s real estate market last year and increased the cost of buying a home by five per cent.

The report by former B.C. deputy attorney general Maureen Maloney estimated that $7.4 billion overall was laundered in B.C. last year, a figure she says is conservative and added the total amount across Canada was about $47 billion.

The provincial government commissioned two reports last September to shed light on money laundering by organized crime in the province’s expensive real estate market.

Former deputy RCMP commissioner Peter German says in his report that the infusion of illicit money into the B.C. economy led to a frenzy of buying that raised the assessed values of homes throughout much of Metro Vancouver.

German’s report says the aggregated declared value of cash buys in real estate transactions over the past 20 years is $84 billion to $212 billion.

He says his report found thousands of specific properties worth billions at high risk for potential money laundering.

More coming.

The Canadian Press

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Alberta

Canada’s Forestry Sector is World-Class. Here’s Proof.

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Most Canadians already understand that Canada’s forest industry is world-class. Compared to most other nations with the largest forest industries, we go above and beyond the standard call to reduce the environmental impacts associated with harvesting trees.

Home to about a third of the boreal forest found globally, Canada currently has several sustainable initiatives in place to make sure our forested lands regenerate accordingly. Through continued research and development, these initiatives are ever-evolving to further advance Canada’s global leadership in sustainable forest management practices.

Here are several facts showing just how Canada’s forest sector is world-class, which should be excellent examples for other nations looking to up their game on sustainable forestry practices in the pursuit of a healthier global environment.

12 Facts on Sustainable Forestry Practices in Canada

Canadian Forestry Myths vs Facts 2

#1 – Canada has one of the lowest deforestation rates in the world, with just 0.01% of total deforestation in 2018 – much lower than that seen in the Amazon.

#2 – Canada’s boreal wetland habitats are well protected. In Ontario and Quebec, for example, at least 50% of the wetland-rich northern boreal regions are protected by the provincial government.

#3 – Canada’s forestry sector is investing heavily into reforestation efforts, planting roughly 600 million new trees annually.

#4 – Canada’s forestry sector has reduced its greenhouse gas (GHG) emissions substantially; From 2007 to 2017, the industry dropped energy use by 24% and total fossil GHG emissions by 40%.

#5 – Canadian law requires any disturbed forests by industry must be 100% reclaimed.

#6 – Canada’s forestry sector has committed to help remove 30 megatonnes of CO2 per year by 2030, a substantial amount that will contribute to improving our country’s emissions profile considerably.

Canadian Forestry Myths vs Facts 1

#7 – More than 440 million seedlings were planted across Canada in 2018.

#8 – As of 2016, around 200 million of Canada’s 348 million hectares of forests had a long-term forest management plan.

#9 – Today, roughly half of Canada’s forests are certified to third-party standards of sustainable forest management.

#10 – Canada’s boreal forest is largely undisturbed, with 80% of it being relatively untouched and free of industrial disturbance.

#11 – Since 1990, less than 0.5% of Canada’s forested lands have been converted to a non-forest land use.

#12 – Canada will be the first nation in the world to launch a satellite that will specifically monitor wildfires – nothing else.

Sources: Natural Resources Canada, Forest Products Association of Canada

Canada is a Leader in Sustainable Forestry – We Should Be Proud!

The evidence is in, and it’s clear that Canada is a global leader in sustainable forestry practices. Learn more about why this matters by joining our conversations on Facebook, Twitter, and Instagram today – hope to see you there!

 

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COVID-19

Ethics prof at one of Canada’s oldest universities on temporary paid leave for stance against forced vaccinations

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Huron University in London, Ontario, was incorporated way back in 1863 as one of the founding colleges of Western University.  Western is one of the largest universities in Canada.

On the University’s website under academic objectives, Huron University strongly encourages “critical thinking through excellent teaching and research”.  But it appears critical thinking may have landed a university ethics professor in a career ending dilemma. Dr. Julie Ponesse has been teaching Ethics at Huron for 20 years.  Dr. Ponesse says the University of Western Ontario has barred her from campus and put her on temporary paid leave for taking an ethical stance against the University’s vaccine policy.

Here is the first measure of that policy as highlighted on the University website.

  • Mandatory Vaccination on Campus: Huron and its affiliate partners are implementing a vaccination policy which will require proof of vaccination or have an exemption in order to come on campus, including living in residence. Those with an exemption must be tested for COVID-19 twice weekly. There is no testing option for those who choose not to be vaccinated. Those without proof of vaccination or an exemption will not be permitted on campus.

Professor Ponesse says just a few days before the school year began, she was mandated by her employers to take the vaccine immediately.  As an Ethics educator she decided it was her job to teach her students it’s ethically wrong to force people to take a vaccine.  Instead of lining up for the jab, Dr. Ponesse went to her office and recorded a video which has now been seen across Canada tens of thousands of times.  At the end of the video a statement appears indicating Professor Julie Ponesse was dismissed by her employers on September 7.

The video is being shared and commented on by Canadians from coast to coast, in various social media platforms.  It’s a fascinating discussion on ethics in a terribly confusing and controversial time, by an experienced ethics professor who has courageously put her ethics ahead of her career.

The video has been taken down by both Facebook and Twitter for statements Ponesse makes about the effectiveness of vaccines.  This video was reloaded to Facebook.  Supporters of Dr. Ponesse have also posted it to Instagram.  We’ve posted two links in case one is taken down yet again.

 

 

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