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Ontario announces $307M investment to take on human trafficking – CBC.ca

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Ontario’s government is investing $202 million in new funding to take on human trafficking, and Premier Doug Ford says he’s sending a message to criminals — “We’re coming for you.”

That money will be bundled with $105 million from an existing fund, adding up to a total of $307 million to support survivors and bolster law enforcement over the next five years.

At an announcement in St. Catharines Friday morning, Ford described human trafficking as a “disgusting” industry that profits off the backs of the province’s most vulnerable.

“No child should ever live in fear of violence or exploitation,” said the premier. “We’re going to keep up the fight to protect our kids.”

The “vast majority” of that money will go toward survivor support, Solicitor General Slyvia Jones explained, while $70 million will be funding for the justice sector.

As part of the strategy the province plans to do the following:

  • Create a public awareness campaign aimed at educating children, parents and the public to recognize the signs of human trafficking.
  • Providing law enforcement with “more specialized Crown prosecution support” for human trafficking, coordination across police services and intelligence gathering in the correctional system.
  • Investment in “intervention teams” made up of police and child protection services and including human trafficking awareness in the education curriculum as well as creating licensed residences for victims.
  • Supporting survivors with new funding for community-based supports and Indigenous-led initiatives to provide more services and support through the court process.

It’s the largest investment in anti-human trafficking in the country, according to Jill Dunlop, Associate Minister of Children and Women’s Issues.

She added that as Indigenous women and girls are disproportionately targeted by trafficking, up to $4 million in funding will be used to support specific resources embedded across the strategy to meet their needs.

The strategy includes a $307-million in funding, said to be the largest anti-human trafficking investment in the country. (Premier of Ontario/YouTube)

Those include Indigenous-led supports for survivors such as counselling, cultural teachings, healing ceremonies and victims services.

The average age of recruitment into human trafficking is 13, according to the government’s statistics. And about two-thirds of human trafficking incidents that are reported to police happen in Ontario.

“It could be your daughter, cousin, sister or friend,” said Dunlop. “Our government will not tolerate human trafficking.”

The premier also promised to take a “hard look” at the legislative tools in place around trafficking and said he has a message he plans to share with Prime Minister Justin Trudeau.

“Let’s get tough on crime. Once and for all. Let’s … put these nasty people in jail and throw away the key.”

Centre praises ‘comprehensive’ strategy

In a statement emailed to CBC, Julia Drydyk, manager of research and policy at The Canadian Centre to End Human Trafficking, said the organization is pleased to see investment and looking forward to learning more about the details of the strategy.

The announcement follows round table discussions involving survivors, Indigenous communities and law enforcement over the summer.

One of those consultations included staff from the London Abused Women’s Centre, where executive Director Megan Walker says staff currently work with about 125 trafficked women and girls.

She described the government’s strategy as “groundbreaking,” adding it speaks to the seriousness of the issue and the province’s willingness to tackle it.

The centre focuses on four key pillars when it comes to trafficking: ensuring survivors have immediate access to services, advocating for legislation to battle it, providing a place for women and girls to go and making sure the public is aware of the issue.

Megan Walker is the executive director of the London Abused Women’s Centre. (Paula Duhatschek/CBC News)

Walker said the new strategy is “unique” because it addresses all four of those areas.

“I can honestly say in my 23 year-career of working with trafficked and prostituted women and girls … this is the most comprehensive plan I have ever seen.”

The “ginormous” boost in funding also means survivors can be helped right away, something Walker said is crucial.

“What it says to me is that the voices of survivors, those women and girls who have had to live through this, their voices were heard,” she added. “That is a really powerful thing to have happened for those women who really risked so much to come forward and share their experiences.”

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Tesla shares soar more than 14% as Trump win is seen boosting Elon Musk’s electric vehicle company

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NEW YORK (AP) — Shares of Tesla soared Wednesday as investors bet that the electric vehicle maker and its CEO Elon Musk will benefit from Donald Trump’s return to the White House.

Tesla stands to make significant gains under a Trump administration with the threat of diminished subsidies for alternative energy and electric vehicles doing the most harm to smaller competitors. Trump’s plans for extensive tariffs on Chinese imports make it less likely that Chinese EVs will be sold in bulk in the U.S. anytime soon.

“Tesla has the scale and scope that is unmatched,” said Wedbush analyst Dan Ives, in a note to investors. “This dynamic could give Musk and Tesla a clear competitive advantage in a non-EV subsidy environment, coupled by likely higher China tariffs that would continue to push away cheaper Chinese EV players.”

Tesla shares jumped 14.8% Wednesday while shares of rival electric vehicle makers tumbled. Nio, based in Shanghai, fell 5.3%. Shares of electric truck maker Rivian dropped 8.3% and Lucid Group fell 5.3%.

Tesla dominates sales of electric vehicles in the U.S, with 48.9% in market share through the middle of 2024, according to the U.S. Energy Information Administration.

Subsidies for clean energy are part of the Inflation Reduction Act, signed into law by President Joe Biden in 2022. It included tax credits for manufacturing, along with tax credits for consumers of electric vehicles.

Musk was one of Trump’s biggest donors, spending at least $119 million mobilizing Trump’s supporters to back the Republican nominee. He also pledged to give away $1 million a day to voters signing a petition for his political action committee.

In some ways, it has been a rocky year for Tesla, with sales and profit declining through the first half of the year. Profit did rise 17.3% in the third quarter.

The U.S. opened an investigation into the company’s “Full Self-Driving” system after reports of crashes in low-visibility conditions, including one that killed a pedestrian. The investigation covers roughly 2.4 million Teslas from the 2016 through 2024 model years.

And investors sent company shares tumbling last month after Tesla unveiled its long-awaited robotaxi at a Hollywood studio Thursday night, seeing not much progress at Tesla on autonomous vehicles while other companies have been making notable progress.

Tesla began selling the software, which is called “Full Self-Driving,” nine years ago. But there are doubts about its reliability.

The stock is now showing a 16.1% gain for the year after rising the past two days.

The Canadian Press. All rights reserved.

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S&P/TSX composite up more than 100 points, U.S. stock markets mixed

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TORONTO – Canada’s main stock index was up more than 100 points in late-morning trading, helped by strength in base metal and utility stocks, while U.S. stock markets were mixed.

The S&P/TSX composite index was up 103.40 points at 24,542.48.

In New York, the Dow Jones industrial average was up 192.31 points at 42,932.73. The S&P 500 index was up 7.14 points at 5,822.40, while the Nasdaq composite was down 9.03 points at 18,306.56.

The Canadian dollar traded for 72.61 cents US compared with 72.44 cents US on Tuesday.

The November crude oil contract was down 71 cents at US$69.87 per barrel and the November natural gas contract was down eight cents at US$2.42 per mmBTU.

The December gold contract was up US$7.20 at US$2,686.10 an ounce and the December copper contract was up a penny at US$4.35 a pound.

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

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

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S&P/TSX up more than 200 points, U.S. markets also higher

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TORONTO – Canada’s main stock index was up more than 200 points in late-morning trading, while U.S. stock markets were also headed higher.

The S&P/TSX composite index was up 205.86 points at 24,508.12.

In New York, the Dow Jones industrial average was up 336.62 points at 42,790.74. The S&P 500 index was up 34.19 points at 5,814.24, while the Nasdaq composite was up 60.27 points at 18.342.32.

The Canadian dollar traded for 72.61 cents US compared with 72.71 cents US on Thursday.

The November crude oil contract was down 15 cents at US$75.70 per barrel and the November natural gas contract was down two cents at US$2.65 per mmBTU.

The December gold contract was down US$29.60 at US$2,668.90 an ounce and the December copper contract was up four cents at US$4.47 a pound.

This report by The Canadian Press was first published Oct. 11, 2024.

Companies in this story: (TSX:GSPTSE, TSX:CADUSD)

The Canadian Press. All rights reserved.

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