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Oil and gas companies should invest profits in climate action: Steven Guilbeault

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OTTAWA — Oil and gas companies can show their commitment to climate action by investing some of their record profits to cut their emissions, Environment Minister Steven Guilbeault said Friday.

Canadian oil companies are reaping the benefits of surging oil prices following the Russian invasion of Ukraine with many companies posting record profits in the first half of 2022.

This week, UN Secretary-General António Guterres called on countries to impose windfall taxes on fossil fuel companies that are raking in cash while people are suffering from high inflation and “our planet burns.”

Guilbeault says neither he nor the government is stoutly against windfall taxes that could redirect some of those profits to people or climate action.

At the moment, he says, carbon pricing and regulations to ratchet down emissions from the energy sector are ensuring the companies have to shoulder some of the burden.

But he says he’s still waiting to see comprehensive plans from the sector.

“We are very eager to see companies’ investment plans into decarbonization,” Guilbeault said in an interview.

“If they don’t make those investments while they’re making record-level profits, then when would it be a good time for them to make those investments? If not now, then I don’t know when.”

The European Commission recently proposed a windfall tax along the lines of what Guterres wants. The United Kingdom imposed one over the summer, though new Prime Minister Liz Truss is not a fan and while she won’t cancel the one brought in already, she won’t extend it as some have requested.

Guilbeault said he wants “to make clear that I’m not against windfall taxes.”

A surge in global oil prices following the Russian invasion in Ukraine sent oil company profits through the roof. In the first six months of this year, Canada’s four biggest oilsands producers reported more than $21 billion in profits, more than three times their profits in the same period last year.

Kendall Dilling, president of the Pathways Alliance, said in a statement Friday that companies are committed and will invest but there are a number of federal policies still being finalized, such as an investment tax credit for carbon capture and storage projects.

The Pathways Alliance is an organization of Canada’s six biggest oilsands producers charting a course toward net-zero emissions by 2050.

Dilling also said industry profits fluctuate, and in 2020 Pathways companies had negative profits.

Oil prices tanked in 2020 mainly because of the COVID-19 pandemic and plunging demand.

Dilling said the “projects and technologies to reduce emissions will be developed and financed over a period of 30 years, during which we will be subject to fluctuating commodity price cycles, such as these.”

“We remain confident that continued collaboration with governments will enable a fiscal and policy framework that is required for our industry to proceed to final investment decisions,” Dilling said.

NDP environment critic Laurel Collins called on the government Thursday to follow Guterres’s call and impose a windfall tax.

Collins said “oil companies are making record profits” and the government should tax them to “help put more money back in people’s pockets.”

In response to Collins’ question Thursday, Finance Minister Chrystia Freeland pointed to windfall taxes being imposed on banks and insurance companies for excess profits made during the pandemic.

She promised such a tax in this year’s federal budget and draft legislation to create one was published in August. The Canada Recovery Dividend is proposed as a one-time 15 per cent tax on the average taxable income above $1 billion in 2020 and 2021.

The parliamentary budget officer estimated in a report Thursday that tax would raise about $3 billion.

Freeland is also proposing to permanently raise the corporate income tax rate for bank and insurance company profits above $100 million, a tax the PBO says would raise about $2.3 billion over the next five years.

This report by The Canadian Press was first published Sept. 23, 2022.

 

Mia Rabson, The Canadian Press

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Indian government warns of rise in hate crimes, 'anti-India activities' in Canada – CBC News

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The Indian government says there’s been a rise in “hate crimes, sectarian violence and anti-India activities” in Canada and is warning Indian nationals in the country, including students, to be on the alert.

The news release issued by the Indian Ministry of External Affairs on Friday did not say what prompted the warning. It said the ministry and Indian diplomats have brought several incidents to the attention of Canadian authorities. It also said the alleged perpetrators have not been brought to justice.

“In view of the increasing incidences of crimes as described above, Indian nationals and students from India in Canada and those proceeding to Canada for travel/education are advised to exercise due caution and remain vigilant,” the release said.

The release also did not point to any data or evidence of an increase in hate crimes.

CBC News has reached out to the Indian Ministry of External Affairs for more details but has not received a response. A number of Canadian federal government departments also have not responded to CBC’s queries.

Earlier this week, Sikh organizers held what they called a referendum in Brampton, Ont. on whether there should be an independent Sikh state in northern India called Khalistan.

Proponents of Khalistan seek to establish a Sikh homeland in India’s Punjab region. The movement’s activities in Canada have caused tension between the Canadian and Indian governments, and also internally within the Liberal caucus

Capt. Amarinder Singh, the former chief minister of Punjab, has even accused senior ministers in the Trudeau government of sympathizing with the movement — accusations they’ve denied.

The advisory was issued a day after an Indian government official condemned the Brampton vote in a news conference.

Arindam Bagchi, a spokesperson for the Indian Ministry of External Affairs, called it a “farcical exercise” and said it was held by “extremists and radical elements.”

Bagchi added that the matter has been brought up with the Canadian government through diplomatic channels.

“The government of Canada has reiterated that they respect the sovereignty and territorial integrity of India, and that they will not recognize the so-called referendum,” Bagchi said.

Statistics Canada said in a report earlier this year that there were 119 police-reported hate crimes in Canada targeting the South Asian population in 2020 — an increase of 38 incidents over 2019.

Police investigating vandalism incidents

Earlier this week, a Hindu temple in Toronto was defaced with the word “Khalistan” as well as “Death to India” in Urdu.

A spokesperson for Toronto Police told CBC News on Friday that the investigation is ongoing and they have not identified a suspect.

“The Hate Crime Unit has not seen a notable trend in hate crimes against people of Indian/South Asian descent,” the spokesperson said.

“We do understand that underreporting of hate crimes is a challenge and that the numbers reported may not accurately reflect what is occurring in our city.”

In July, vandals defaced a statue of Indian civil rights activist Mahatma Gandhi in Richmond Hill — again, with the word “Khalistan.” York Regional Police said they’re investigating the vandalism as a hate crime.

A spokesperson for York police told CBC News Friday that they have not identified any suspects yet.

Statement is intimidation, expert says

Chinnaiah Jangam, an associate professor of history at Carleton University who specializes in South Asia, said the threat to Indian nationals alleged in the advisory is exaggerated. 

“Though there is a right-wing extremism asserting [itself in Canada], I don’t think there is any threat to any minorities here,” Jangam told CBC News.

He said the target audience for the advisory may not be Indian nationals in Canada but rather supporters of the ruling Hindu nationalist Bharatiya Janata Party (BJP) and its leader, Indian Prime Minister Narendra Modi — as well as BJP and Modi critics abroad.

“Most importantly, the issue of the statement has domestic implications in Indian politics,” Jangam said. 

“It is for consumption of [Modi’s] own vote base in India, and also to basically suppress any sort of dissent toward India in North America.”

Chinnaiah Jangam, a professor in Carleton University’s department of history, said the Indian government’s advisory may be an attempt to dissuade parts of the Indian diaspora from criticizing Hindu nationalism. (लैरी कैरी / सीबीसी)

Jangam has reported being the target of harassment and threats over his criticism of the Modi government and the BJP.

Tensions between local Indian Hindus and Muslims in Leicester, U.K., boiled over into unrest last week. The BBC reports that authorities arrested 47 people in relation to the incident.

Jangam said Indian government officials may be reacting to the events in Leicester by looking to suppress criticism of the Indian government’s treatment of minorities.

“They are preparing some sort of ground,” he said. “It’s very concerning.”

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Online news bill could revive local papers in Canada, MPs told – The Globe and Mail

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The Google Canada office in Toronto.Chris Donovan/The Globe and Mail

Ottawa’s online news bill – which would force tech giants Google GOOGL-Q and Facebook META-Q to pay for reusing articles produced by Canadian news organizations – would help revive the flagging local news industry, spokesmen for papers across the country told a committee of MPs on Friday.

They said local papers, which have been closing across Canada, hemorrhaging staff and losing advertising revenue, could see a huge cash injection from tech giants and begin hiring again, if the bill becomes law.

“A weakened press, threatened with abandoning its mission and disappearing after decades of existence, is seriously endangering our democracy,” said Benoit Chartier, chair of the board of Hebdos Quebec, which represents the province’s independent local press. Mr. Chartier publishes a number of local papers, including Le Courrier de Saint-Hyacinthe, one of the oldest French language newspapers in North America.

Paul Deegan, president and CEO of News Media Canada, which represents big and small news organizations, said there is now a “significant imbalance of power between tech giants and Canadian news outlets.”

He said the bill would enable small papers to join together to negotiate deals with Google and Facebook, which has been renamed Meta, for using their content.

Facebook, Google and Apple have already signed some partnerships with news organizations in Canada, including The Globe and Mail.

The architect of a similar law in Australia, which Canada’s Bill C-18 is based on, told MPs that there has been a $200-million (Australian) annual injection into Australia’s news industry, since the law was introduced.

Rod Sims, who was chair of the Australian Competition and Consumer Commission when it implemented its news media bargaining code, said the law had prompted Google and Facebook to do deals with almost all news outlets in Australia, including small newspaper groups.

The law has also led the Guardian, a British news outlet, to expand its Australian operations and hire many more journalists, he said.

Mr. Sims, a professor at the Australian National University, said the code’s aim had been to address a massive imbalance in bargaining power between tech giants and media outlets that meant fair commercial deals could not be struck.

Like its Australian model, Canada’s bill would force the tech giants to do deals with news outlets and pay for posting news or links to articles, if they have not already done so voluntarily.

David Skok, founder & CEO of The Logic, an independent news outlet focusing on business and technology, said the bill is “a backstop forcing publishers and platforms to come to the table for fair, equitable, and transparent agreements that don’t privilege only those with negotiating power.”

But Prof. Michael Geist, an expert in internet law at the University of Ottawa’s law school, warned that the wording of Bill C-18 is flawed and likely to prompt legal challenges.

He said the bill contravenes several treaties, such as the Berne Convention, which aims to protect the rights of authors but allows the use of quotations, including those of newspaper articles.

“There is no question that this will be challenged on a number of different levels,” he told the Commons heritage committee.

Jen Gerson, an independent journalist and co-founder of the Line, an online newsletter, expressed fear that the bill would “backfire spectacularly.”

She said news publishers, rather than the platforms, benefit if Google or Facebook posts links to news articles. Ms. Gerson warned that Facebook and Google could respond to the law by “restricting access to mainstream news articles.”

Australia’s law led to a fierce backlash from the tech giants. Facebook protested by temporarily blocking news on its platform across Australia.

Google has written to each MP and senator saying there are multiple flaws in Bill C-18 as well as “misconceptions” about how an online-news law would work in practice.

The proposed law would prevent tech giants penalizing or giving preference to news organizations it has done deals with.

Google has said this could affect the way it ranks news on its search engine and moderates content. Currently the search engine elevates information from “trusted sources.”

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Fiona smashes into Atlantic Canada, washing away homes and knocking out power – CBC.ca

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​​​​​​Hundreds of thousands of customers in Eastern Canada are without power as post-tropical storm Fiona brings intense, hurricane-strength winds and torrential rains to swaths of Nova Scotia, Prince Edward Island, New Brunswick, Newfoundland and Quebec’s Magdalen Islands.

Part of the town of Port aux Basques, N.L., has been placed under an evacuation order after storm surge swept away multiple homes and structures to sea. It’s unclear if there are any casualties. The town has also declared a state of emergency. 

Fiona made landfall in Nova Scotia shortly after 4 a.m. AT between Canso and Guysborough.

The Canso Causeway, which links Cape Breton to mainland Nova Scotia, is closed to high-sided vehicles.

As of 10:45 a.m. AT, more than 405,000 Nova Scotia Power customers were without electricity. The company says it has more than 525,000 customers. It said people can go the utility’s outage map for estimated restoration times.

  • CBC Radio is providing live updates on Hurricane Fiona around the clock. Listeners are invited to call in to share their storm experiences and any emergency updates from their communities at 1-800-565-5550. Listen online via CBC Lite, which uses less data, or over the air (90.5 FM in Halifax, 92.1 FM in Sydney, 96.1 FM in Charlottetown or check your local frequency here).

P.E.I.’s Maritime Electric said more than 82,000 out of a possible 86,000 customers were without power.

N.B. Power was reporting more than 55,000 outages, concentrated in the province’s southeast. The outages are mostly in areas the company groups as “Shediac Cap Pelé,” “Moncton Riverview Dieppe” and “Sackville Port Elgin.”

Newfoundland Power was reporting 1,133 customers without power, and Hydro Quebec reported 4,232 without power in the Gaspésie–Îles-de-la-Madeleine region and1,684 in the Magdalen Islands.

Hurricane or tropical storm warnings are in place throughout most of Atlantic Canada and southern Quebec.

State of emergency declared in Cape Breton

The Cape Breton Regional Municipality and neighbouring Victoria County have declared a local state of emergency and are asking residents to stay at home.

The Canadian Red Cross has opened a shelter at Centre 200 in Sydney, N.S., however it was without power on Saturday morning. The municipality is planning to open additional comfort centres when local travel is safe.

North Sydney fire Chief Lloyd MacIntosh spoke with CBC News as he was transporting a woman from her home to a safe location after the roof blew off her house.

“We pulled up, well, literally half of the roof was gone,” MacIntosh said. “It’s been an adventurous night to say the least.”

A wide shot of the home in the process of falling into an angry ocean.
Multiple homes in Port aux Basques, N.L., have been destroyed due to storm surge. (Rene Roy/Wreckhouse Press)

MacIntosh said there’s been a lot of damage in North Sydney.

“Every intersection, every block of North Sydney is filled with trees. Trees have come down on homes, trees have come down on cars, there’s buildings that have collapsed and there’s quite a bit of damages,” he said.

“The daylight will bring quite a few surprises for a few people.”

Part of a steeple came down from St. Joseph Church in Cape Breton Regional Municipality, a building that’s more than 100 years old.

Cellular networks spotty

Cellular networks were spotty across Nova Scotia and P.E.I. Saturday. Many were unable to get a cell signal to make calls or access internet. 

Bell Aliant acknowledged the outages in a tweet posted Saturday morning. The telecom company they were working with utility companies to restore full power to their cellular sites as soon as possible. 

“Numerous wireline and cell sites in Atlantic are impacted by power outages across the provinces. As battery back up power will begin to deplete, our teams will be activating generators to keep sites up and running,” the company tweeted.

Rogers also tweeted they are aware of the outages and their local crews will work to get services up and running. 

CBC News has contacted Bell Aliant and Rogers for an update on restoration times. 

Tree fell on fire truck with crew inside

Erica Fleck, the assistant chief of Halifax Regional Fire and Emergency, said a tree fell on a fire truck that had a crew inside. There were live wires.

She said the fire crew stayed in the truck as Nova Scotia Power technicians worked to get the crew out safely.

“The power lines are down everywhere,” she said. “It’s not safe to be on the roads.”

A contractor uses a chainsaw to clear a downed tree on a residential street in North Sydney, N.S., on Saturday. (Tom Ayers/CBC)

Fleck cautioned that response times will be longer because fire crews will have to remove downed trees that are in their way.

In a tweet, Environment and Climate Change Canada said the highest wind gust reported in Nova Scotia has been 179 km/h in Arisaig, north of Antigonish on Nova Scotia’s coast.

CBC meteorologist Tina Simpkin said wind gusts of 100 km/h were recorded in Moncton, N.B., shortly after 6 a.m.

Wind gusts of up to 100 km/h are expected in some areas of the province over the next 24 hours, with sustained winds clocking in at 65 km/h.

‘Like nothing we’ve ever seen’: Charlottetown police

In a tweet, Charlottetown police said they are logging reports of downed trees and wires but are only responding to emergency calls.

“Conditions are like nothing we’ve ever seen,” the force said in a post on Twitter.

A street in downtown Charlottetown is flooded on Saturday morning. (Martin Trainor/CBC)

CBC meteorologist Ryan Snoddon said the storm approached Nova Scotia at 64 km/h but slowed significantly as it arrived in the province. This will be a long-duration event for P.E.I. and eastern Nova Scotia, he said.

By 9 a.m., the centre of the storm will be moving to the western side of Cape Breton and it will slowly depart Nova Scotia.

Winds will ease in mid-to-late morning for central Nova Scotia and late afternoon or evening for eastern Nova Scotia, he said.

Nova Scotia Power’s efforts to restore electricity are being hampered by strong winds.

“We’re still seeing significant wind gusts, specifically Cape Breton,” said Peter Gregg, company president and CEO. “Until those wind gusts come down, we won’t be able to get crews out there. But we’re making progress in Halifax.”

There is some flooding in Shediac, N.B., on Saturday. (Margaud Castadère-Ayçoberry/CBC)

Environment Canada said Fiona will reach the Quebec Lower North Shore and southeastern Labrador by late Saturday night.

The agency said severe winds and rainfall, large waves and storm surges were all occurring.

Environment Canada said rainfall will be significant, particularly north and west of Fiona’s track, where it could lead to flooding. Some areas could see as much as 200 millimetres of rain. About 120 millimetres had already been reported in some weather stations in eastern Nova Scotia by 3 a.m.

Vehicles parked at Camping Parasol, an RV and tenting campground in Shediac, N.B., are surrounded by water. (Margaud Castadère-Ayçoberry/CBC)

Some waves along Nova Scotia’s Eastern Shore could build to be more than 10 metres, with waves along southern Newfoundland on Saturday morning reaching higher heights.

“Waves over eastern portions of the Gulf of St. Lawrence and Cabot Strait could be higher than 12 metres,” Environment Canada said.

It said the western Gulf will see waves from the north up to eight metres in some places, “which will probably cause significant erosion for north-facing beaches of Prince Edward Island.”

The forecaster said the Magdalen Islands will also see some coastal erosion from waves.

Most of Atlantic Canada is under a combination of weather warnings due to the size and strength of post-tropical storm Fiona. (Canadian Hurricane Centre)

Coastal flooding is a big concern for Nova Scotia, Prince Edward Island, the Magdalen Islands, eastern New Brunswick and southwest Newfoundland.

“The highest risk for coastal flooding will be a combination of storm surge with large waves moving onshore,” Environment Canada said.

Uprooted trees, downed power lines in Halifax

2 hours ago

Duration 1:28

Hurricane Fiona arrived in Nova Scotia as a post-tropical storm Saturday morning. In Halifax, the largest community impacted, as CBC’s Ellen Mauro reports, there were widespread power outages and downed trees throughout the city.

“This is is definitely going to be one of, if not the most powerful tropical cyclones to affect our part of the country,” said Ian Hubbard, meteorologist for the Canadian Hurricane Centre in Dartmouth, N.S. “It’s going to be definitely as severe and as bad as any I’ve seen.”

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