A fifth of Canadians think they’ll never go debt free
Twenty percent of Canadians do not expect to escape debt in their lifetime, according to Global News. Based on a study by The Manulife Bank of Canada, Canadians believe that household debt has increased too much.
More worryingly, however, 67 percent of those in debt believe that the rest of the country is in serious debt, too. This study has also revealed that Canadians are terrible at spending: 45 percent of Canadians say that their spending is increasing faster than their income, which is an increase from 33 percent who said this in the spring.
The study also reported that more than 50 percent of Canadians carry considerable non-mortgage debt, and 60% are in credit card debt. As a result of all this, many Canadians may be in debt for some time.
This study was carried out after the financial firm, Equifax, became concerned with the debt of ordinary Canadians. Since 2014, Canadian debt has surged from $57,000 to $71,979.
Over recent decades, Canadian have become increasingly financially insecure. This sentiment has transitioned into a cynicism for our financial system. Most zoomers (generation z) believe that they will never get onto the property ladder or become debt-free.
In the summer of this year, a study showed that half of the Canadian population was only $200 away from financial disaster.
The Canadian Football League (CFL) is the greatest example of Canadian national pride and the symbolism of Canadiana within a sports setting. Canada has always been a country where diversity is not only accepted but considered a source of strength.
In the mid 20th century, CFL was a place where diversity was accepted, in particular as a playing ground for African-Americans to play football in an environment free of discrimination. The Toronto Argonauts currently operate a platform for anti-bullying efforts and ensuring that youth know that the CFL is a platform for strong Canadian values.
Every fall, the Grey Cup is hosted in a different city each year in Canada and is known outside of the country as our version of the “Super Bowl” as represented in the media. The showcasing of the Grey Cup to a worldwide audience has the ability to represent Canadian patriotism, an idea that we as Canadians hold deeply.
We see true Canadiana every year at the Grey Cup with the Mounties in full uniform. No other sports league invites Canada’s treasured police force to present their trophy. Every time the trophy is handed off, every Canadian should be in awe of how unique and how special our country is.
At the Grey Cup this year, support for Canada’s vital oil and gas industry was on display by Alberta Premier Jason Kenney. Statements such as these are not seen anywhere else, but on the only stage where true Canadian spirit is showcased.
The acceptance of all athletes and personnel, regardless of race or creed, in the world of sports goes beyond the need for players or a full roster card. It speaks to the fact that Canada is a diverse nation and will always be accepting of any individual without regard to their nationality or ethnicity.
Football is seen as a symbol of homegrown Canadian professional sports with multiple meanings beyond the sport. Canadian universities outnumber American universities in regards to draft numbers and have special Canadian-only selections. There is always a particular emphasis on Canadian talent on every squad.
There are also basic differences between the CFL and the NFL, such as in scoring, ball size, field size. To many, the CFL style of football is like watching an entirely different version of football compared to watching the more hyped NFL-style football.
The CFL is largely seen as a league of diversity, of common values and goals, and a particular Canadian national pride. Those characteristics define in part what being a Canadian stands for.
There is no other major sports league in Canada that is solely Canadian and prides itself on being so. The league may not receive the highest of ratings, but it is the one league we know that is ours and ours alone.
Just watch a game for yourself to feel the heritage while watching. It is a feeling you cannot experience when watching any other sports league. It is the only league that has the word “Canadian” in it.
The past history of the CFL has definitely shaped the way we see its current formation.
The big-name ownership of the Argos (including Wayne Gretzky and John Candy) certainly catapulted the CFL into the much-needed spotlight by the early 1990s. Then a failed experiment in the mid-1990s led to expansion in multiple areas of the United States for a three-year duration; seven teams came and went.
It was this defining moment, where the league realized that they were not an international brand, but that they were Canada’s league, and needed to ensure the country gets behind the league to truly make it something special. It should be known that the commissioner of the league from 1996 to 2000 was John Tory, Toronto’s current mayor. Tory played a big part in saving the league entirely.
There is no doubt that the CFL will continue to display signs of strong Canadian values and culture, showcasing the uniqueness of Canada, and represents a one-of-a-kind point of view of how Canadians view professional sports, being Canada’s sole nationwide major professional sports league.
The CFL defines and moves us Canadians. No other sports league can do this in the ever-changing climate of professional sports.
Bill Peters has resigned as the head coach of the NHL’s Calgary Flames after former player, Akim Aliu, accused him on racism on social media, according to Sportsnet.
The Calgary Flames’s general manager, Brad Treliving, made these comments during a press conference. During this, he also stated that Geoff Ward would take over as the interim coach.
Aliu accused Peters on Twitter of directing a racial slur towards the player “several times” when they were both in the AHL. Peters was Aliu’s coach during his time at the Rockford IceHogs.
After Aliu’s tweets, Peter’s released an apology, although he did not direct it specifically to Aliu.
Tonight, the Winnipeg Blue Bombers ended a 29-year championship drought by defeating the Hamilton Tiger-Cats 33 to 12 in the 107th Grey Cup.
Led by a stifling defence, the dynamic quarterback duo of Zach Collaros and Chris Streveler, and hometown hero running back Andrew Harris, the Bombers were able to stave off the Hamilton Tiger-Cats who were favoured to win the game.
The Grey Cup was played in Calgary, Alberta in front of 35,439
at McMahon Stadium.
The last time the Winnipeg Blue Bombers won the Grey Cup was in 1990 when they defeated the Edmonton Eskimos by a score of 50–11.
From the Six-Day War to Canada backing North Korea's anti-Israel UN resolution: A look back at the past 50 years
In 1967 Israel quickly defeated the fused military forces of Egypt, Jordan and Syria in what’s known as the Six Day War, and in the process captured Jerusalem and Samaria and the Judea highlands, or in United Nations parlance the “Occupied Palestinian Territory (of West Bank), including East Jerusalem.”
After a half-century’s worth of conflict that has marred the region–punctuated by “two-state solution” peace accords and roadmaps that achieved little–enter North Korea’s UN Resolution that demands Israel return to a time before the Six Day War, and end its “occupation” forthwith.
This ahistorical insult over territory Israel considers disputed, and tabled by one of the worst regimes on Earth, still earned Canada’s vote, along with nearly every single UN member apart from Australia which abstained.
Newly minted Minister of Foreign Affairs François-Philippe Champagne said Canada’s support “was clearly explained to our allies” and “was a principled position.”
No further explanation was provided to the public–nevertheless, Canadian Jews still see Canada as an ally, claims Champagne.
“I think people in the Jewish community in Canada and around the world can see Canada as an ally. We will continue to do so, but there are times like those where I think we must express Canada’s position as we did at the United Nations yesterday.”
Suffice it to say, condemnation of Canada’s decision was as fulsome as it was incredulous. Hillel Neuer, human rights lawyer and executive director of UN Human Rights Watch, called it a “Faustian bargain”.
Conservatives ethics critic Peter Kent, former foreign correspondent and television journalist, accused Canada of ulterior motives with its UN decision:
And United States was pretty much alone in its opposition to Kim Jong Un’s winning UN resolution gambit, backed by Egypt, Nicaragua and the “State of Palestine”.
“Stressing the urgency of achieving without delay an end to the Israeli occupation that began in 1967 and a just, lasting and comprehensive peace settlement between the Palestinian and Israeli sides, based on the relevant resolutions of the United Nations, the Madrid terms of reference, including the principle of land for peace, the Arab Peace Initiative and the Quartet road map to a permanent two-State solution to the Israeli-Palestinian conflict,” reads the resolution.
North Korea’s “joint” UN resolution also describes construction of a border wall along the flanks of the so-called occupied territory, as “severely imped(ing) the right of the Palestinian people to self-determination”.
Israel has several, similar border walls that the UN doesn’t abide, such as the one running the eastern flank of Gaza; a barrier that has done remarkably well in mitigating Palestinian terror attacks against Israeli citizens.
But back in May of 1967, long before Palestinian Liberation Organization hijackings and bombings exacted against Israel, United Nations simply acquiesced to Egyptian President Gamal Abdel Nasser’s request to pull peacekeepers from the Sinai peninsula to make a land assault against Israel easier.
Sinai was already “disputed territory” back then, after France and the UK helped Israel push all the way to the Suez Canal in 1956.
While France might have abandoned Israel in 1967, it didn’t really matter much anymore for an emboldened and better trained Israeli military, even if Nasser closed the Strait of Tiran, cutting off the Israeli port of Eilat.
And as history would have it, Nasser’s Sinai strategy and its UN backing was rendered moot after Israel destroyed the Egyptian airforce in a June 5 surprise attack. The brief, springtime war is said to have displaced some 300,000 Palestinians.
But in this never-ending Arab-Israeli saga, Arabs would get their revenge in the Yom Kippur War of 1973, when Egypt vanquished their Israeli foes in Sinai.
As the late Times of London war correspondent Patrick Brogran describes it in his book “The Fighting Never Stopped”, the 1973 conflict “demonstrated that Israel was not invincible, and it restored Arab pride.”
And lest we forget, this conflict continues to be a Cold War leftover since the U.S. Administration of John F. Kennedy formed the US-Israeli military alliance in 1961.
Previous to that, American support for Israel was first political in nature; the U.S. was the first to acknowledge Israel’s provisional government back in 1948, six months after United Nations “partition of the British-ruled Palestine Mandate into a Jewish state and an Arab state.”
The British barely had time to vacate the region when Arabs attacked the nascent Jewish state later that same year, kicking off the first Arab-Israeli war.
And U.S. President Dwight Eisenhower would side with Egypt during the Suez Canal crisis, and along with the Soviet Union would force the withdrawal of British, French and Israeli forces who occupied western Sinai.
The turning point for unwavering American support for Israel would come with the advent of the Six Day War. The Cold War implications that have continued ever since are that United States and then-Soviet Union were always at risk of being drawn into an expanding conflict.
As the United States continues to back Israel and Saudi Arabia in the region, the Russians have not tired of their alliances with Baathists in Syria or the mullahs in Iran; either Islamic country still openly hostile towards Israel.
That significant amounts of proverbial water have passed under the bridge in the interim would be an understatement.
While the United States has attempted to broker peace between Palestinians and Israelis, perhaps most notably President Bill Clinton’s failed Camp David summit in 2000 between Palestinian leader Yasser Arafat and Israeli president Ehud Barak, a “two state solution” remains elusive.
Keep in mind that barely six years before Camp David, Arafat, PLO’s leader and terrorist mastermind, was awarded a Nobel Peace Prize for quitting his habit of orchestrating hijackings and terror bombings against Israel.
Returning to the here and now, this latest bit of anti-Israel politicking at the United Nations comes after current U.S. Secretary of State Mike Pompeo announced that America would cease to consider Israeli settlements in the West Bank as illegal.
The decision is a significant break from U.S. policy on the region–going forward Pompeo said America would defer to Israeli courts rather than international tribunals.
“Calling the establishment of civilian settlements inconsistent with international law has not advanced the cause of peace… and arguments about who is right and who is wrong as a matter of international law will not bring peace,” Pompeo said.
Two years ago in 2017, United States President Donald Trump caused similar UN consternation with his decision to move the American embassy to Jerusalem–Israel’s state capital–riling enough nations for the tabling of a UN resolution rejecting it.
At the time Canada was neck-deep in free trade renegotiations with the United States and then-Foreign Affairs Minister Chrystia Freeland said Canada would abstain from that vote.
Canada’s UN ambassador Marc-Andre Blanchard said he was “disappointed” in the UN resolution rejecting the U.S. embassy”s move to Jerusalem, describing it as “one sided” because it “did not advance to prospects for peace.”
On Saturday, Blanchard appears to have made a complete reversal, re-Tweeting a La Press op-ed titled “Canada regains its voice at the UN”, which suggested the previous Canadian abstention on the embassy vote lacked courage.