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Maple Chronicles

Always fresh maple syrup with a generous dosage of political analysis Feedback: @maplechronicles_bot

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๐Ÿ“ˆ Immigration to Canada surges in April, worsening outlook for housing affordability The working-age population (aged 15 and over) rose by over 100,000 in April, bringing the total to over 410,000 after 4 months in 2024. This represents a sharp acceleration (+47%) on the 278,000 increase recorded in the first four months of 2023. In Greater Toronto, where population growth reached a record 107,000 at the start of the year, the acceleration is 66% compared to the growth seen in 2023. Greater Montreal and Greater Vancouver have not been left behind since the start of 2024, with growth more than double that seen in 2023. #immigration ๐Ÿ Maple Chronicles
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Immigration to Canada surges in April, worsening outlook for housing affordability

Plus, BMO hikes target on the TSX

๐Ÿคก 14๐Ÿคฌ 5๐ŸŽ‰ 1๐Ÿ’ฉ 1
CRTC wonโ€™t implement online streaming act until late 2025 The Canadian Radio-television and Telecommunications Commission (CRTC) will delay implementing the online streaming act until late 2025. However, the commission plans to continue consultations into 2026. ๐Ÿ Maple Chronicles
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CRTC won't implement online streaming act until late 2025

The CRTC is pushing back the implementation of Bill C-11, the online streaming act, until late 2025 while it continues consultations.

๐Ÿ‘ 4๐Ÿค” 2
๐Ÿ’‰Canada Post was wrong to suspend unvaccinated remote workers during COVID, arbitrator rules A labour arbitrator has struck down part of Canada Postโ€™s mandatory COVID-19 vaccine policy for employees, ruling it was unreasonable to suspend staff without pay who worked remotely simply because they did not confirm they were vaccinated. ๐Ÿ Maple Chronicles
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Canada Post was wrong to suspend unvaccinated remote workers during COVID, arbitrator rules

OTTAWA โ€” A labour arbitrator has struck down part of Canada Postโ€™s mandatory COVID-19 vaccine policy for employees, ruling it was unreasonable to suspend staff without pay who worked remotely simply because they did not confirm they were vaccinated.

๐Ÿ‘ 28โค 7๐Ÿ”ฅ 6
๐Ÿ‡จ๐Ÿ‡ฆ๐Ÿ‡ฎ๐Ÿ‡ฑOlivia Chow skips Toronto's Israeli flag raising event as 'it's a bit divisive' An Israeli flag raising ceremony to mark the countryโ€™s independence on Tuesday was not attended by Toronto Mayor Olivia Chow, who called the event โ€œdivisiveโ€ in a statement. #Israel #Palestine ๐Ÿ Maple Chronicles
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Olivia Chow skips Toronto's Israeli flag raising event as 'it's a bit divisive'

An Israeli flag raising ceremony to mark the countryโ€™s independence on Tuesday was not attended by Toronto Mayor Olivia Chow, who called the event โ€œdivisiveโ€ in a statement.

๐Ÿ‘ 37๐Ÿคก 7๐Ÿคฌ 5โค 2๐Ÿคจ 2
Former Liberal ministers urge Trudeau to drop plans to house migrants in federal prisons Two former Liberal cabinet ministers are urging the Trudeau government to cancel its plans to start using federal prisons to hold immigration detainees, citing a recent inquest recommendation to end the practice of detaining migrants in jails. ๐Ÿ Maple Chronicles
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Former Liberal ministers urge Trudeau to drop plans to house migrants in federal prisons

Lloyd Axworthy, Allan Rock join 85 Canadian and international organizations denouncing the proposal to use federal prisons to detain "high-risk" migrants.

๐Ÿคก 11๐Ÿ˜ 9๐Ÿ‘ 3๐Ÿ’ฉ 3๐Ÿ˜ฑ 2
๐Ÿ’‰BC Supreme Court rules in favour of PHOโ€™s COVID-19 vaccination mandate for health-care workers Health-care workers who pushed back against being forced to get vaccinated against COVID-19 or face losing their jobs have lost in the BC Supreme Court. #BritishColumbia ๐Ÿ Maple Chronicles
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BC Supreme Court rules in favour of PHOโ€™s COVID-19 vaccination mandate for health-care workers

Health-care workers who pushed back against being forced to get vaccinated against COVID-19 or face losing their jobs have lost in the BC Supreme Court.

๐Ÿ’ฉ 30๐Ÿคฌ 10๐Ÿ‘ 3๐Ÿ‘Ž 3๐ŸŒ 2
๐Ÿ’ธOttawa budgets about $224 per day to feed and house some foreigners who claim asylum after illegally entering the country. The average accommodation cost is โ€œ$140 per night per room,โ€ and the average cost for meals is โ€œ$84 per day per claimantโ€ โ€” for a total of $224 per claimant, per day. In essence, migrants get a free vacation in Canada. #immigration ๐Ÿ Maple Chronicles
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Some illegal border crossers receive $224 in food and accommodation per day while awaiting processing

As the number of Canadaโ€™s refugee claimants hits new highs, a Conservative MP has revealed that Ottawa budgets about $224 per day to feed and house some foreigners who claim asylum after illegally entering the country.

๐Ÿคฌ 32๐Ÿ‘ 2๐Ÿ˜ฑ 2๐Ÿ’ฉ 2๐Ÿฅฑ 2๐Ÿ˜ 1
๐Ÿš™ Steal a car, lose your driver's licence under new Ontario proposal Repeat car thieves may face lengthy license bans under proposed changes to Ontarioโ€™s Highway Traffic Act. The Ford government wants to attach a 10-year driverโ€™s licence suspension to a first conviction of auto theft that involved violence, use of weapon, force, or where the theft was motivated by financial gain. Yes, 'cause the fear of driving without a license is the only chance to stop law-abiding car thieves from stealing cars. #Ontario ๐Ÿ Maple Chronicles
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Steal a car, lose your driverโ€™s licence under new Ontario proposal

Repeat car thieves may face lengthy license bans under proposed changes to Ontarioโ€™s Highway Traffic Act.

๐Ÿ˜ 19๐ŸŒš 11๐Ÿคก 7๐Ÿ‘ 3
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Some indicators of financial stress have risen. At the same time, the valuations of some financial assets appear to have become stretched. This could increase the risk of a sharp correction that could generate system-wide stress. The recent rise in the use of leverage in non-bank financial institutions could amplify the effects of such a correction.
Tiff Macklem. Is this a sophisticated way of saying we're completely f*ucked? ๐Ÿ Maple Chronicles
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๐Ÿ’ฏ 26๐Ÿ‘ 3๐Ÿคจ 2
Trudeau backs away from tax threat on apartment owners The government of Justin Trudeau pulled back on a threat to hit some real estate investment trusts in Canada with a new tax regime after opposition from the industry. The finance department posted a statement, saying that โ€œno changes to the tax treatment of REITs are being considered at this time.โ€ That removes a risk thatโ€™s hung over Canadian apartment REITs in particular for more than two years. ๐Ÿ Maple Chronicles
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Canada's Trudeau backs away from tax threat on apartment owners

The government of Justin Trudeau pulled back on a threat to hit some real estate investment trusts in Canada with a new tax regime after opposition from the industry.

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