Thursday, April 14, 2011

RCI Cyberjournal

Edition 13 April 2011
Canadian International Financial Sports Weather
Canadian

MEDICINE HAT: FLOOD THREAT EASES

The authorities have lifted a mandatory evacuation order for 41 familes for 41 families near Medicine Hat in southeastern Alberta in Western Canada. But a voluntary alert issued on Tuesday for hundreds of others remains in effect. There are fears that a nearby earthen dam is eroding. Medicine Hat suffered $50 million in damage in last summer's flooding.



VANCOUVER: OTTAWA REJECTS DECISION ON TAMIL MIGRANT

The Canadian government wants a judicial review of a decision to release a crew member of a ship that brought 492 Tamil migrants to the Pacific Coast province of British Columbia last summer. The man, who cannot be identified, is also awaiting word on whether he will be deported. The man says although he was a crew member on the ship MV Sun Sea, he was not part of the human smuggling network behind the ship ora member of the Tamil Tigers terrorist group of Sri Lanka. He's among more than 30 people on the ship that the Canada Border Services Agency alleges have ties to terrorism, human smuggling or war crimes



FEDERAL MARIJUANA SAID TO BE INVALID

A Superior Court judge in the Canadian province of Ontario has reportedly ruled that the national medical marijuana program is invalid and unconstitutional and he has given the federal government three months to fix the rules. The government is likely to appeal but the judge's ruling could effectively legalize possession and production of cannabis. Justice Donald Taliano found that sick people cannot get access to medical marijuana through appropriate means and must resort to illegal actions to get it.



TORONTO: POT LAW ANNULLED

A Superior Court judge in the Canadian province of Ontario has ruled that the national medical marijuana program is invalid and unconstitutional, and he has given the federal government three months to fix the rules. The government is likely to appeal but the judge's ruling could effectively legalize possession and production of cannabis. The ruling says that sick people cannot get access to medical marijuana through appropriate means and must resort to illegal actions to get it.



OTTAWA: SPENDING AUDITOR AUDITS HERSELF

Canada's auditor general's office has launched an investigation into itself to find out how the news media got hold of a draft report on federal government spending. An office spokesman says security officials are discussing the leak. Several media organizations obtained drafts of a report into Ottawa's spending on last year's Group of 8 and Group of 20 economic summits in the province of Ontario. One early draft said the government had misinformed Parliament to get approval for some Group of 8 spending.



OTTAWA: TORIES HOLD GROUND AFTER DEBATE

A public opinion poll taken after Tuesday's night's leaders' debate in Canada's national election campaign shows the governing Conservatives of Prime Minister Stephen Harper didn't lose any ground to their closest rivals, the Liberal Party. The Nanos poll shows Conservative support unchanged at 40 per cent. Michael Ignatieff's Liberal Party stands at 30 per cent. Support for Jack Layton's New Democratic Party and the Bloc Québécois of Gilles Duceppe was little changed. The leaders spent the two hours crossing swords over issues including law and order, foreign policy, imigration and health care. A French-launguage television debate among the four leaders will take place Wednesday evening. The Conservatives needs to add 12 seats in the House of Commons to the 143 they had when they called an election to form a majority government.





International

IVORY COAST

Ivory Coast President Alassane Ouattara has promised to restore order and prosperity to his shattered country in his first news conference since his adversary Laurent Gbagbo was arrested on Monday. The president says a new national army will be formed and urged rebels and mercenaries to lay down their arms. Mr. Ouattara also says he'll ask the International Criminal Court to investigate massacres reported since the standoff with Gbagbo began November following the presidential election. There have been recent reports that forces loyal to both the rivals have killed hundreds of civilians in the west of the country. The president gave assurance that cocoa exports, Ivory Coast's main source of revenue, will soon resume. The European Union, France and the World Bank have pledged financial aid to rebuild the country. U.S. President Barack Obama also has promised support.



AFGHANISTAN

A suicide bomber killed at least 10 people Wednesday during a gathering of tribal elders in Kunar province. The bomber blew himself up in the middle of the group, targeting former mujahideen commander Mohammad Zarin, who died along with nine others. Zarin fought the Soviet occupation in Afghanistan during the 1980s before the fall of the Moscow-backed Kabul government.



BELARUS

The state prosecutor's office says several suspects in Monday's subway bombing in Minsk have been detained and at least one of them is likely the perpetrator. The office didn't say how many suspects are in detention. Twelve people died in the bombing at a subway station in central Minsk. President Alexander Lukashenko congratulated his law enforcement officials for the detentions. He also ordered them to question the country's opposition leaders to verify whether they also are involved.



UNITED STATES

A top U.S. defence official says Washington won't let an important decision concerning Taiwan be influenced by concern that China might again sever military ties. That's the word from David Helvey, the department's principal director for East Asia policy. He says the U.S. understands China's opposition to arms sales to Taiwan but has legal obligations to enable the island to defend itself under the 1979 Taiwan Relations Act. Last year, China cut military ties with the U.S. after the Obama administration announced the sale of $6.4 billion worth of arms to Taiwan. Taiwan has now requested an upgrade of its fleet of F-16 jet fighters. Mr. Helvey didn't tell a congressional body when a decision would be made.



EGYPT

Former Egyptian President Hosni Mubarak will be detained for 15 days. Analysts say the move may help end protests and stop suspicions that Egypt's ruling army generals have been shielding their former commander from investigation. The public prosecutor had summoned Mr. Mubarak for questioning on Sunday over the killing of protesters and embezzling of public funds. His two sons, Alaa and Gamal, were also summoned for questioning over graft and ordered detained. Mr. Mubarak was toppled on Feb.11 after mass demonstrations against his 30-year rule. He was admitted to hospital on Tuesday suffering what state media called a heart crisis. There were conflicting reports about the seriousness of his illness.



LIBYA

International powers meeting in Doha have for the first time called for Libyan leader Moammar Ghadaffi to leave power. That call in their final statement was absent from their resolution two weeks ago. The participants also pledged to set up a financial mechanism to help Libyan rebels. The grouping comprises 16 European and Middle Eastern nations, the UN, the Arab League and the African Union. Canada is represented by Foreign Minister Lawrence Cannon. They say that Ghadaffi and his régime have lost all legitimacy and he must depart to allow the Libyan people to decide their future. Disagreement arose over the means to achieve Ghaddffi's removal, with France and Britain calling for a stronger NATO air war against Ghadaffi's forces and the arming of the insurgents. UN Secretary General Ban Ki-moon says the situation is becoming a humanitarian disaster with as many as 3.6 million Libyans, or one-half the population, possibly needing assistance.





Financial

CALGARY: TELECOM'S WIRELESS VENTURE AGAIN SLOWED

Shaw Communications Inc. has announced that its attempt to launch a wireless service will again be delayed. CEO Brad Shaw says the company will instead focus on its overall operations. Those include cable, satellite, Internet and broadcasting. In January, the company announced it would postpone the launch by three months to early 2012. Several new firms have entered the wireless market over the past year, making it more competitive. One of them, Mobilicity, is to launch its new mobile network in Calgary, AB, in two weeks.



MARKETS

 

TSX: 13,836, + 34. Dollar: US$1.03. Euro: $1.39. Oil: $106.99, + .74.





Sports

SPORTS

HOCKEY

After 1,230 games and 186 days of regular-season play, the Natgional Hockey League is about to begin its second season. The playoffs kicks off on five fronts. Vancouver hosts Chicago hoping for a change of fortunes from recent years. The Blackhawks have knocked the Canucks out of the playoffs in back-to-back years, winning each series in six games.

SOCCER

Canada is on the move in the FIFA world soccer rankings, jumping nine places to Number 75. World Cup winner Spain remains first, ahead of the Netherlands and Brazil. Germany is fourth and Argentina fifth.





Weather

SPORTS

British Columbia on Thursday: cloud. high C8 Vancouver.Yukon: mix sun cloud. Northwest Territories, Nunavut: sun. Whitehorse -1, Yellowknife -19, Iqaluit -26. Alberta: cloud. Saskatchewan, Manitoba: sun. Edmonton -1, Regina -3, Winnipeg -8. Ontario: cloud. Quebec: rain. Toronto 8, Ottawa 9, Montreal 7. New Brunswick, Newfoundland and Labrador: sun. Nova Scotia, Prince Edward Island: cloud. Fredericton 10, Halifax 9, Charlottetown 8, St. John's 3.





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