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Wednesday October 10, 2018

Editorial Cartoon by Graeme MacKay, The Hamilton Spectator – Wednesday October 10, 2018

Minister confident police in Canada ready for cannabis legalization next week

Police forces across Canada should be ready for legalization of recreational marijuana next week because the federal government has provided funds, training and approval of drug-screening technology ahead of the big deadline, says a federal cabinet minister.

January 13, 2016

Bill Blair, minister of border security and organized crime reduction, says the government provided up to $161 million one year ago for police training in how to detect the presence of drugs in drivers. In August, it also approved the use of roadside drug screening equipment to identify those driving while high.

“For the first time ever, the police have been given the training, the tools and the technology to actually detect and deter,” he told CBC Radio’s Metro Morning Tuesday.

In the last 18 months, there has been a 60 per cent increase in the number of police officers trained as drug recognition experts in Canada, he said. There are now more than 880 police officers in Canada trained to recognize drug-impaired drivers.

August 13, 2018

The Canadian Association of Chiefs of Police, however, has said there should be 2,000 trained to fulfil the government’s push to crack down on drug-impaired drivers.

Blair said police forces have access to the new Dräger DrugTest 5000, which tests saliva for cocaine and THC, the main psychoactive agent in cannabis. The device, which includes an “analyzer” and cassettes, received approval from the federal Department of Justice.

“People are already and have been for years driving under the influence of drugs and police have never had the ability to detect it,” he said. (Source: CBC News) 

 

Wednesday July 12, 2017

Editorial Cartoon by Graeme MacKay, The Hamilton Spectator – Wednesday July 12, 2017

Bank of Canada may hike interest rate for 1st time in 7 years

After almost a decade of warnings that never came to pass, it appears as though the Bank of Canada is ramping up to hike its benchmark interest rate — possibly as soon as next week.

July 16, 2015

On July 12, Canada’s central bank will announce its latest decision on where to place its trend-setting interest rate, which has an impact on the rates that Canadian borrowers and savers get for their bank accounts, mortgages and other products.

Eight times a year, the bank’s board of governors meets to assess the latest economic indicators and decide whether Canada’s economy needs a shot in the arm from a rate cut, or a pump of the brakes by way of a hike.

And for the first time in 54 such meetings, it’s looking like the latter is in order.

It’s not like there haven’t been warning signs. By the time Stephen Poloz was named to replace Mark Carney atop the bank in 2013, the central bank had already been on the sidelines for more than two years, its benchmark interest rate set at one per cent.

May 13, 2010

But even as the bank kept loans cheap coming out of the financial crisis, the messaging from the top came early and often that Canadians should be forewarned — rates have to go up eventually.

As far back as 2014 Poloz warned Canadians that rates would rise “soon” — before oil’s plunge in 2015 caused the bank to lose its nerve. Instead, the central bank moved in the opposite direction, cutting rates twice that year to bring its rate to 0.5 per cent, where it currently sits.

At the time, those hikes were described as a temporary measure to help a Canadian economy that had been waylaid by an oil price that lost more than 70 per cent of its value in a matter of months. But in recent weeks the bank has started leaving clear signals that despite oil still being in the $40-per-barrel range, those temporary conditions are over and it’s time for a return to normalcy. (Source: CBC News) 

 

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