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Canada issues $500M in government-backed bonds for Ukraine

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The federal government has finished issuing $500 million in bonds to support Ukraine, Prime Minister Justin Trudeau said Wednesday, pointing to the bond drive as another sign of Canada’s support for the embattled country.

“It’s been fully subscribed,” Trudeau said of the bonds while appearing at a Reuters Next conference. “Which points out how Canadians themselves know that we need to stand with Ukraine in absolutely reliable ways.”

The five-year, government-backed bonds were first announced last month. The money raised is expected to be channelled as a loan to Ukraine through the International Monetary Fund so the country can continue basic operations.

Those include non-military needs such as paying out pensions and keeping utilities working as Ukraine continues to fight back against a Russian invasion during the onset of winter. The exact terms will depend on negotiations between Ottawa and Kyiv.

The money raised by the bond drive is in addition to about $2 billion in other financial and military assistance that Canada has already disbursed to Ukraine, which was invaded by Russian forces in late February.

In a statement, Finance Canada said a combination of Canadian and foreign investors snapped up the bonds between Nov. 22-29. That includes $50 million purchased by individual Canadians, though a full breakdown was not provided.

The department indicated that Canadians who are interested in buying the bonds, which are sold in $100 denominations, can still purchase them from participating financial institutions.

The conclusion of the bond drive comes as the NATO military alliance offered fresh support to three countries shaken by the effects of Russia’s 10-month-old war: Moldova, Bosnia and Georgia.

That support came from NATO allies as the three countries’ foreign ministers met with their NATO counterparts in Brussels to discuss how the world’s biggest security organization could help them in the face of political, energy and territorial uncertainty precipitated by the war.

NATO Secretary-General Jens Stoltenberg said after talks that the allies discussed shared security concerns with the three countries, which he said are facing Russian pressure. Stoltenberg said alliance members agreed to help train and improve the three nations’ security and defence institutions.

“If there is one lesson learned from Ukraine, it’s that we need to support them now,” Stoltenberg said at the Palace of the Parliament in Bucharest.

Russia’s war in Ukraine has had a particularly troubling effect on Moldova, Ukraine’s neighbour, which is currently facing a severe energy crisis due to its reliance on Russian energy.

In recent weeks, the country has suffered massive power outages as a result of Russian strikes on Ukraine’s energy grid. Russian missiles have also traversed its skies, missile debris has landed on its soil and, in April, blasts occurred in the country’s Russian-backed breakaway region of Transnistria — where Moscow bases some 1,500 troops.

Stoltenberg told reporters on Wednesday that Bosnia — which has long been wracked by political instability, Russian interference and ethnic tensions — is “important for stability in the whole of the Western Balkans.” Protests rocked the Bosnian Serb half of the ethnically divided country last month after some voters alleged that a pro-Russian Bosnian Serb leader rigged an election in the Serb entity, Republika Srpska.

Bosnian Foreign Minister Bisera Turkovic said her country, where a government is in the process of being formed following the elections, “is very concerned about the future.”

“We have proxies, or we had the proxies, in our government, Russian proxies. So division in the country is deep and we hope that we will be able to overcome it. NATO’s presence is extremely important for Bosnia-Herzegovina because it is a guarantor of our security,” she said.

NATO has promised Georgia that, like Ukraine, it will join the 30-nation alliance one day, but Russian troops swept into Georgia after that pledge was made 14 years ago. A breakaway Georgian region has this year threatened to hold a referendum on joining Russia.

This report by The Canadian Press was first published Nov. 30, 2022.

⁠— With files from The Associated Press.

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Two youths arrested after emergency alert issued in New Brunswick

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MONCTON, N.B. – New Brunswick RCMP say two youths have been arrested after an emergency alert was issued Monday evening about someone carrying a gun in the province’s southeast.

Caledonia Region Mounties say they were first called out to Main Street in the community of Salisbury around 7 p.m. on reports of a shooting.

A 48-year-old man was found at the scene suffering from gunshot wounds and he was rushed to hospital with non-life-threatening injuries.

Police say in the interest of public safety, they issued an Alert Ready message at 8:15 p.m. for someone driving a silver Ford F-150 pickup truck and reportedly carrying a firearm with dangerous intent in the Salisbury and Moncton area.

Two youths were arrested without incident later in the evening in Salisbury, and the alert was cancelled just after midnight Tuesday.

Police are still looking for the silver pickup truck, covered in mud, with possible Nova Scotia licence plate HDC 958. They now confirm the truck was stolen from Central Blissville.

This report by The Canadian Press was first published Sept. 16, 2024.

The Canadian Press. All rights reserved.

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World Junior Girls Golf Championship coming to Toronto-area golf course

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MISSISSAUGA, Ont. – Golf Canada has set an impressive stretch goal of having 30 professional golfers at the highest levels of the sport by 2032.

The World Junior Girls Golf Championship is a huge part of that target.

Credit Valley Golf and Country Club will host the international tournament from Sept. 30 to Oct. 5, with 24 teams representing 23 nations — Canada gets two squads — competing. Lindsay McGrath, a 17-year-old golfer from Oakville, Ont., said she’s excited to be representing Canada and continue to develop her game.

“I’m really grateful to be here,” said McGrath on Monday after a news conference in Credit Valley’s clubhouse in Mississauga, Ont. “It’s just such an awesome feeling being here and representing our country, wearing all the logos and being on Team Canada.

“I’ve always wanted to play in this tournament, so it’s really special to me.”

McGrath will be joined by Nobelle Park of Oakville, Ont., and Eileen Park of Red Deer, Alta., on Team Canada 2. All three earned their places through a qualifying tournament last month.

“I love my teammates so much,” said McGrath. “I know Nobelle and Eileen very well. I’m just so excited to be with them. We have such a great relationship.”

Shauna Liu of Maple, Ont., Calgary’s Aphrodite Deng and Clairey Lin make up Team Canada 2. Liu earned her exemption following her win at the 2024 Canadian Junior Girls Championship while Deng earned her exemption as being the low eligible Canadian on the world amateur golf ranking as of Aug. 7.

Deng was No. 175 at the time, she has since improved to No. 171 and is Canada’s lowest-ranked player.

“I think it’s a really great opportunity,” said Liu. “We don’t really get that many opportunities to play with people from across the world, so it’s really great to meet new people and play with them.

“It’s great to see maybe how they play and take parts from their game that we might also implement our own games.”

Golf Canada founded the World Junior Girls Golf Championship in 2014 to fill a void in women’s international competition and help grow its own homegrown talent. The hosts won for the first time last year when Vancouver’s Anna Huang, Toronto’s Vanessa Borovilos and Vancouver’s Vanessa Zhang won team gold and Huang earned individual silver.

Medallists who have gone on to win on the LPGA Tour include Brooke Henderson of Smiths Falls, Ont., who was fourth in the individual competition at the inaugural tournament. She was on Canada’s bronze-medal team in 2014 with Selena Costabile of Thornhill, Ont., and Calgary’s Jaclyn Lee.

Other notable competitors who went on to become LPGA Tour winners include Angel Yin and Megan Khang of the United States, as well as Yuka Saso of the Philippines, Sweden’s Linn Grant and Atthaya Thitikul of Thailand.

“It’s not if, it’s when they’re going to be on the LPGA Tour,” said Garrett Ball, Golf Canada’s chief operating officer, of how Canada’s golfers in the World Junior Girls Championship can be part of the organization’s goal to have 30 pros in the LPGA and PGA Tours by 2032.

“Events like this, like the She Plays Golf festival that we launched two years ago, and then the CPKC Women’s Open exemptions that we utilize to bring in our national team athletes and get the experience has been important in that pathway.”

The individual winner of the World Junior Girls Golf Championship will earn a berth in next year’s CPKC Women’s Open at nearby Mississaugua Golf and Country Club.

Both clubs, as well as former RBC Canadian Open host site Glen Abbey Golf Club, were devastated by heavy rains through June and July as the Greater Toronto Area had its wettest summer in recorded history.

Jason Hanna, the chief operating officer of Credit Valley Golf and Country Club, said that he has seen the Credit River flood so badly that it affected the course’s playability a handful of times over his nearly two decades with the club.

Staff and members alike came together to clean up the course after the flooding was over, with hundreds of people coming together to make the club playable again.

“You had to show up, bring your own rake, bring your own shovel, bring your own gloves, and then we’d take them down to the golf course, assign them to areas where they would work, and then we would do a big barbecue down at the halfway house,” said Hanna. “We got guys, like, 80 years old, putting in eight-hour days down there, working away.”

This report by The Canadian Press was first published Sept. 16, 2024.

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Purple place: Mets unveil the new Grimace seat at Citi Field

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NEW YORK (AP) — Fenway Park has the Ted Williams seat. And now Citi Field has the Grimace seat.

The kid-friendly McDonald’s character made another appearance at the ballpark Monday, when the New York Mets unveiled a commemorative purple seat in section 302 to honor “his special connection to Mets fans.”

Wearing his pear-shaped purple costume and a baseball glove on backwards, Grimace threw out a funny-looking first pitch — as best he could with those furry fingers and short arms — before New York beat the Miami Marlins at Citi Field on June 12.

That victory began a seven-game winning streak, and Grimace the Mets’ good-luck charm soon went viral, taking on a life of its own online.

New York is 53-31 since June 12, the best record in the majors during that span. The Mets were tied with rival Atlanta for the last National League playoff spot as they opened their final homestand of the season Monday night against Washington.

The new Grimace seat in the second deck in right field — located in row 6, seat 12 to signify 6/12 on the calendar — was brought into the Shannon Forde press conference room Monday afternoon. The character posed next to the chair and with fans who strolled into the room.

The seat is available for purchase for each of the Mets’ remaining home games.

“It’s been great to see how our fanbase created the Grimace phenomenon following his first pitch in June and in the months since,” Mets senior vice president of partnerships Brenden Mallette said in a news release. “As we explored how to further capture the magic of this moment and celebrate our new celebrity fan, installing a commemorative seat ahead of fan appreciation weekend felt like the perfect way to give something back to the fans in a fun and unique way.”

Up in Boston, the famous Ted Williams seat is painted bright red among rows of green chairs deep in the right-field stands at Fenway Park to mark where a reported 502-foot homer hit by the Hall of Fame slugger landed in June 1946.

So, does this catapult Grimace into Splendid Splinter territory?

“I don’t know if we put him on the same level,” Mets executive vice president and chief marketing officer Andy Goldberg said with a grin.

“It’s just been a fun year, and at the same time, we’ve been playing great ball. Ever since the end of May, we have been crushing it,” he explained. “So I think that added to the mystique.”

___

AP MLB:

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