Good evening, Let’s start with today’s best stories:
Two children injured in an accident in a Quebec daycare center have been released from the hospital
Politicians from across the province and the country converged on the daycare center in Laval, Que., where two children were killed, six others injured and a man charged with first-degree murder in an apparent bus attack yesterday. The leaders expressed their condolences and urged those affected to seek psychiatric treatment.
Two of the six children injured in the crash have been discharged from hospital, while two others are in “favourable” condition, according to Montreal health officials. None of the injuries are considered life threatening.
Pierre Ny St-Amand, a 51-year-old Société de transport de Laval driver, is charged with two counts of first-degree murder and several other counts of aggravated assault, assault and attempted murder.
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The latest developments in the war in Ukraine
Ukrainian President Volodymyr Zelenskyy said today that he had heard at a summit from several European Union leaders that they were ready to make planes available to Kyiv, and indicated that this would be the one of the biggest shifts in the western world’s support for Ukraine.
He gave no details and there was no immediate confirmation from any European country. But his comments came amid signs during a tour of Europe that the countries were set to lift one of the key taboos on military aid to Kiev since Russia invaded last year. .
Meanwhile, the Russian mercenary group Wagner has stopped recruiting prisoners to fight in Ukraine, says its founder Yevgeny Prigozhin.
Public sector unions and Ottawa at odds over double-digit wage demands
The federal government and unionized workers are preparing to accept double-digit wage increases to accommodate rising inflation and remote work rules in a series of heated contract negotiations.
Ottawa is about to start, or is already in the process of negotiating, new collective agreements for almost all the unions representing more than 300,000 federal employees.
The most important and difficult negotiations take place between the Treasury Board and a group of 120,000 workers represented by the Public Service Alliance of Canada (PSAC).
In memory of legendary pop composer Burt Bacharach
The uniquely gifted and popular composer who has delighted millions with his whimsical arrangements and unforgettable melodies Pursue, Do you know the way to San José? and dozens of other hits, died of natural causes at the age of 94.
The Grammy, Oscar and Tony winner had a string of top 10 hits from the 1950s into the 21st century. His music could be heard on everything from movie soundtracks to iPods, whether Raindrops are falling on my head And I say a little prayer Or I will never fall in love again And This guy is in love with you.
Dionne Warwick was his favorite performer, but Bacharach, usually with lyricist Hal David, also created top-notch material for Aretha Franklin, Dusty Springfield, Tom Jones and many others. Elvis Presley, the Beatles and Frank Sinatra were among the countless artists who covered his songs.
Fred Lum/The Globe and Mail
ALSO IN THE NEWS TODAY
Hopes of additional rescues in Turkey and Syria are fading: Cold, hunger and desperation gripped hundreds of thousands who were left homeless after earthquakes three days ago, while the death toll passed 19,000 today. Here’s how you can help.
Reduced canopy growth: The cannabis company will lay off 800 employees, or about 35% of its workforce, as part of a transformation plan that includes closing its factory in Smith Falls, Ontario, and consolidating some of its cultivation operations.
Spy balloons have targeted dozens of countries, according to the United States: The Chinese balloon shot down by the United States was equipped to collect intelligence signals as part of an extensive military-linked aerial spy program targeting more than 40 countries, the State Department said.
RIP MendelsonJoe: The long-time singer-songwriter, artist and activist has died of complications from medical assistance at the age of 78 after living with Parkinson’s disease for more than five years.
MARKET WATCH
US stock indices ended lower today, erasing earlier gains as Treasury yields rose after a 30-year bond auction went badly, eclipsing strong gains by the giants of the financial sector. company, including Disney and PepsiCo. Falling commodity prices and mixed corporate earnings helped push down Canada’s main stock market index.
The Dow Jones Industrial Average fell 249.13 points, or 0.73%, to 33,699.88, the S&P 500 fell 36.36 points, or 0.88%, to 4,081.50 and the Nasdaq Composite lost 120.94 points, or 1.02% and finished at 11,789.58.
The S&P/TSX Composite Index slid 81.79 points, or 0.4%, to 20,597. The loonie was trading at 74.29 cents US.
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CONVERSATION TOPICS
Why is the boss of Radio-Canada arguing with Pierre Poilievre?
“She mostly comes across as coy and selfish in her defense of a taxpayer-funded institution that has an obligation to serve all Canadians, not just those it chooses to serve.” – Konrad Jakabuski
The disaster in Turkey and Syria should be a wake-up call for British Columbia
“You don’t have to be neurotic to know that the Big One could be coming to British Columbia at any time – like right now while I’m typing this sentence at my kitchen table, or right now while you read it at home.” And many of us are ill-prepared. – Marsha Lederman
Alberta’s debt could be fully paid off with potentially massive resource revenues
“As global economic and geopolitical risks increase, the financial gains from deleveraging – in the form of lower interest payments – provide welcome insurance where financial assets do not.” – Trevor FallenProfessor of Economics, University of Calgary
LIVE BETTER
The deadline to pay a registered pension contribution for the 2022 tax year is just a few weeks away. But if a heavy debt burden prevents you from contributing to an RRSP by March 1, focus on debt rather than saving, advises personal finance columnist Rob Carrick. And if you have money to save, prefer a tax-free savings account to an RRSP. TFSA funds in a high-yield savings account are readily available and are the ideal emergency fund.
READ LONG TODAY
Canada’s EV revolution has a problem – not enough skilled workers to support it
A Stellantis employee works inside a Chrysler Pacifica at the Windsor Assembly Plant on January 17, 2023. REBECCA COOK/Reuters
In the city long known as the unemployment capital of Canada, there are too many good jobs to brew.
Just a few years ago, it was uncertain whether the auto sector on which the Ontario border town of Windsor was built – shrunken by the long decline of traditional manufacturing in North America – would even be competitive in the transition. to electric vehicles.
Now, its success in landing major new investment – highlighted by the decision of automotive giant Stellantis NV and LG Energy Solution to partner here for Canada’s first electric vehicle battery plant – has sparked a stir. relative boom. And the demand for employees for this factory and its branches along the supply chain is very high, which the city and region are struggling to meet. Read Adam Radwanski full story.
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Source: www.theglobeandmail.com
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