综合要闻 1
《环球邮报》
渥太华 / 魁北克版 ■ 2026年10月8日,星期四 ■ GLOBEANDMAIL.COM
今日《The Globe and Mail - 08.10.2026》全报共收录 160 篇核心报道。在政经治理、法理制度与公共政策层面,版面重心聚焦于:**俄罗斯对乌克兰发动大规模袭击,至少28人死亡**(奥莱娜·哈尔马什 (OLENA HARMASH));**债券暴跌之时,股市能否持续走红?**(杰米·麦吉弗 (JAMIE McGEEVER) 报道于奥兰多);**密歇根州议员迈克·罗杰斯呼吁结束美加关税之争**(内森·莱恩 (NATHAN LAYNE))。 在本土文化与城市记忆方面,今日重点关注**「以色列人为10月7日袭击周年纪念日哀悼」**。
本期特写报道深入探索社会结构转型与文化心态变迁,详见【📖 双语精读】各专题深度报道。
联邦政府计划立法禁止精神疾病患者申请MAID,同时允许符合条件的患者提交预先请求,以便在失去认知能力后执行。
FBI投诉书显示,嫌疑人范·鲁特塞拉尔从家人保险箱盗窃枪支弹药准备大规模枪击,导致包括其家人在内的8人死亡。
政府承诺向安省投入44亿加元、BC省投入16亿加元用于住房基础设施,但专家指出部分城市存在人口下降的闲置能力,资金利用率有待提高。
评论认为选民投票给魁北克党更多是为了反对CAQ政府而非支持其脱离加拿大的主张,并批评部分司法量刑逻辑的荒谬性。
TIFF解释因物流问题取消部分影院导致市场放映数从650场减至450场,并确认今年行业代表人数增长至7,000人。
随着CIX Trading推出延长交易平台,监管机构CIRO警告投资者在常规时间外交易可能面临低交易量、大价差及剧烈波动风险。
Meta投资130亿加元建设AI数据中心,专家认为加拿大应思考如何利用此类基础设施在本土打造下一代AI公司。
Cliffs负责人称特朗普对加征收50%关税关闭了镀锌钢市场,导致Stelco退出该市场并引发客户Cascadia的进口困境。
专家指出住房已成为决定退休生活成败的关键支出,建议退休人员将房屋净值视为流动资产而非单纯的产权安全感。
S&P/TSX综合指数下跌1.7%至35,041.86点,受美债收益率触及24年新高及特朗普贸易关税言论影响,金融和矿业股领跌。
记录了Aritzia、Atco、Athabasca Oil等公司的股价波动,其中部分矿业和工业股出现下跌。
Sun Life下跌2.05%,Suncor Energy小幅上涨0.22%,反映出金融板块整体承压而能源股相对稳定。
黄金、白银、原油及农产品价格波动,其中黄金下跌46.40美元,比特币期货下跌2285美元。
道奇队以3-1锁定系列赛晋级NLCS;加拿大男足在友谊赛中0-1输给美国队,显示出国家队竞争力的提升。
列出了多场篮球赛日程及MLS东部赛区积分,纳什维尔队以60分领先。
阿尔伯塔省实行永久夏令时导致卡尔加里火焰队部分比赛开球时间推迟至晚上9点,影响球员家庭生活及球迷观看。
伊丽莎白·艾玛·托里于2026年10月3日在多伦多逝世,享年94岁,留下了庞大的后代家族。
《环球邮报》
渥太华 / 魁北克版 ■ 2026年10月8日,星期四 ■ GLOBEANDMAIL.COM
THE GLOBE AND MAIL\*
OTTAWA/QUEBEC EDITION ■ THURSDAY, OCTOBER 8, 2026 ■ GLOBEANDMAIL.COM
自由党将于今年秋季提交立法,无限期禁止该群体获得相关服务,同时增加允许提交预先请求的措施
STEPHANIE LEVITZ
KRISTY KIRKUP 渥太华
自由党政府计划重塑加拿大的医疗辅助死亡(MAID)制度,为那些唯一潜在病症为精神疾病的人员关闭申请大门。与此同时,该计划将为已经符合MAID条件的患者提供提前申请的途径。
司法部长肖恩·弗雷泽周三宣布,渥太华打算在法律上禁止精神疾病患者获得MAID。此前,由于担心医疗系统的准备情况,联邦政府已两次暂停该类加拿大人的申请权限。
弗雷泽先生还表示,即将出台的法案将包含相关措施,允许医疗从业者协助结束那些已提交MAID预先请求的人员的生命。这类患者此前已表明,他们希望在未来的某个日期——即当他们不再具备同意该程序的认知能力时——执行该程序。
“这些决定并不容易,但我们相信它们是正确的,”弗雷泽先生在周三的新闻发布会上告诉记者。
关于谁应该能够请求医疗从业者协助结束生命的争论,是加拿大最激烈的争议之一。在对弗雷泽先生的两项宣布做出反应时,这种分歧得到了充分体现。
[ 中东 ]
权益组织加拿大尊严死亡协会已花费两年多时间起诉渥太华,理由是政府禁止唯一潜在病症为精神疾病的患者获得MAID。该案件目前仍在法院审理中。
该组织在的一份声明中称,周三的宣布是“医疗辅助死亡立法中一个令人深感失望的日子”。
首席执行官海伦·隆表示,仅仅因为诊断结果就阻止精神疾病患者获得同样的合法医疗程序,是对《权利与自由宪章》权利的侵犯。
相反,代表智力障碍人士权利的国家级组织包容加拿大则感谢弗雷泽先生倾听关于精神疾病患者获得MAID权限的担忧。
然而,该组织表示,政府关于预先请求的计划引发了担忧。该组织指出,在执行程序时,患者可能无法理解自己身上正在发生什么。
“预先请求是由一个无法预知未来的人写下的,”包容加拿大首席执行官克里斯塔·卡尔在声明中表示。
“执行时的同意是一个人所拥有的最基本的保护。”
■
Liberals will table legislation this fall to block access to group indefinitely while adding measures to allow for advance requests
STEPHANIE LEVITZ
KRISTY KIRKUP OTTAWA
The Liberal government plans to reshape Canada's medical assistance in dying regime to close the door to those whose sole underlying condition is mental illness. At the same time, it would provide an opening for those already eligible for MAID to request it in advance.
Justice Minister Sean Fraser announced Wednesday that Ottawa intends to legally bar access to MAID for mental illness. The federal government has twice paused access for that cohort of Canadians over concerns about the readiness of the health care system.
Mr. Fraser also said the forthcoming bill will include measures allowing medical practitioners to assist in ending the lives of people who have made an advance request for MAID. Those are patients who have indicated that they want the procedure at a later date, when they no longer have the cognitive capacity to consent to it.
"These are not easy decisions, but we believe that they are the correct ones," Mr. Fraser told reporters at a news conference Wednesday.
The debate over who should be able to request a medical practitioner's help to end their lives is one of the most fractious in Canada. Those divisions were on full display in response to Mr. Fraser's two announcements.
[ MIDDLE EAST ]
The advocacy group Dying With Dignity Canada has spent more than two years suing Ottawa for barring MAID access to patients whose sole underlying condition is mental illness. The case remains before the courts.
In a statement, it called Wednesday's announcement a “profoundly disappointing day for medical assistance in dying legislation.”
Chief executive officer Helen Long said that preventing those with mental illness from having the same access to a legal medical procedure, simply because of their diagnosis, is a violation of Charter rights.
Conversely, Inclusion Canada, a national group advocating for the rights of people with intellectual disabilities, thanked Mr. Fraser for listening to concerns about
MAID access for patients with mental illness.
However, the organization said that the government's plans on advance requests raise concerns. Patients may not understand what is happening to them when the procedure is being administered, it stated.
“An advance request is written by someone who cannot know what their future will hold,” Inclusion Canada CEO Krista Carr said in a statement.
“Consent at the time is the most basic protection a person has.”
■ MAID, A6

以色列人在袭击三周年之际哀悼逝者,此次袭击引发了在加沙及其他地区的毁灭性战争 ■ A5
周三,哀悼者们在特拉维夫海滩的一个装置艺术区内挥舞着以色列国旗,以纪念2023年10月7日由哈马斯领导的袭击。ODED BALILTY / 美联社
Israelis grieve those lost on third anniversary of attack that set off devastating war in Gaza and beyond ■ A5
Mourners carry Israeli flags through an installation on the beachfront in Tel Aviv on Wednesday to mark the anniversary of the Hamas-led attacks of Oct. 7, 2023. ODED BALILTY/ASSOCIATED PRESS
迈克·哈格 温哥华
畅销书作家史蒂文·加洛韦(Steven Galloway)周三告诉法庭,有关他曾三次性侵一名前学生的指控纯属虚构,且直到他被暂停英属哥伦比亚大学(UBC)创意写作项目负责人职务后,他才得知相关细节。
在近 11 年之后,加洛韦先生作为原告,针对一名与其有过两年情史的女性以及另外三名他指控其诽谤的人提起诽谤诉讼,并在公开法庭上就这些指控作证。他称这些指控“绝对”是虚假的。
“我震惊地发现她竟然在这么说,”他作证道。
加洛韦先生于 2015 年 11 月被英属哥伦比亚大学暂停职务,而大学对其面临的“严重指控”的公开声明引起了广泛关注。此事在多年间动荡了加拿大文学界,该作家坚称这让他失去了名誉和生计。
他的诽谤诉讼最初涉及近 24 名被告,其中大多数已达成和解。由于对其姓名设有出版禁令,提出指控的女性被称为 A.B.,她与另外三名被告共同出庭。
审判将不会听取 A.B. 的证词。她的律师阿登·贝多斯(Arden Beddoes)告诉法庭,她撤回了关于“真实性”和“公正评论”的辩护,但并不承认散布关于其前情侣的谎言。贝多斯先生表示,由于诉讼带来的压力,A.B. 在近几个月内曾两次尝试自杀。
法庭周三听取了 A.B. 声称遭到性侵的三起事例。
在第一起事例中,她称 2011 年春季,加洛韦先生邀请她前往位于福尔斯溪(False Creek)码头的 30 英尺帆船上在白天玩牌。
■ 加洛韦,A6
MIKE HAGER VANCOUVER
Bestselling author Steven Galloway told court Wednesday allegations that he sexually assaulted a former student three times were pure fiction and that he didn't learn of the details until after he was suspended as head of the creative writing program at the University of British Columbia.
After nearly 11 years, Mr. Galloway testified in open court about the allegations as part of a defamation case he brought against the woman, with whom he had a two-year affair, and three others he accuses of defaming him. He called the allegations “absolutely” false.
“I was shocked to find she was saying that,” he testified.
Mr. Galloway was suspended by UBC in November, 2015, and the university's public announcement of the “serious allegations” against him were highly publicized. It roiled the Canadian literary community for years, and the author maintains it cost him his reputation and his livelihood.
His defamation suit originally included almost two dozen defendants, most of whom settled. The woman who made the allegations, known as A.B. because of a publication ban on her name, is joined as a defendant by three others.
The trial will not hear testimony from A.B. Her lawyer, Arden Beddoes, has told court she withdraws her defences of truth and fair comment, but does not admit to spreading lies about her former romantic partner. Mr. Beddoes has said A.B. has twice tried to kill herself in recent months because of the stress of the lawsuit.
Court heard Wednesday about three instances in which A.B. alleged that she was sexually assaulted.
In the first, she said Mr. Galloway invited her to play a daytime game of cards on his 30-foot sailboat at his False Creek marina in the spring of 2011.
■ GALLOWAY, A6
亚历克斯·博齐科维奇
杨孙
凯里斯代尔(Kerrisdale)看起来和以往没什么两样。在温哥华西区这个富裕的口袋地带,山墙顶房屋矗立在高大的树篱之后,掩映在成熟的枫树之下。
然而,一种微妙的变化发生了:在这个社区的许多角落,人数在减少。
在凯里斯代尔的侧街上,许多街区的人口自 20 世纪 70 年代以来减少了 10% 到 30%。靠近海洋大道高尔夫俱乐部(Marine Drive Golf Club)的一个区域,居民人数从 1,010 人下降到 630 人——减少了 380 人,即 38%。
这并非特例。在过去的半个世纪里,温哥华和多伦多地区的人口都翻了一番。
但《环球邮报》对人口普查数据的分析显示,在这些增长的大都市内部,存在着萎缩的城市:在一些成熟区域,人口下降幅度高达 40%。
这种局部人口下降的趋势在很大程度上被忽视了,即便加拿大政府正致力于创造更多住房并建设基础设施(管道、道路、社区设施)以服务于未来的入住者。
在去年的联邦预算中,政府承诺为这类项目拨款 500 亿加元。城市,A7
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ALEX BOZIKOVIC
YANG SUN
Kerrisdale looks much the same as ever. In this affluent pocket of Vancouver's west side, gable-roofed houses stand behind tall hedges and shelter under mature maples.
Yet a subtle change has occurred: In many corners of the neighbourhood, there are fewer people.
On the side streets of Kerrisdale, many blocks have lost between 10 and 30 per cent of their population since the 1970s. One section near the Marine Drive Golf Club fell from 1,010 residents to 630 – down 380 people, or 38 per cent.
This is not an anomaly. Over the past half-century, both the Vancouver and Toronto regions have doubled in population.
But a Globe and Mail analysis of census data shows that within these growing metropolises, there are shrinking cities: established areas where populations have fallen as much as 40 per cent.
This trend of local population declines has been largely overlooked, even as Canadian governments work to create more homes and build the infrastructure – pipes, roads, community facilities – to serve the people who will occupy them.
In last year's federal budget, the government promised \$50-billion toward such projects. CITIES, A7
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安德鲁·威利斯 (ANDREW WILLIS)
詹姆斯·布拉德肖 (JAMES BRADSHAW)
比尔·库里 (BILL CURRY)
四名消息人士透露,温哥华国际机场有望成为联邦政府私有化的首个国家大型机场,渥太华的顾问正向不列颠哥伦比亚省的原住民团体提供成为少数股东的机会。
据参与该进程的消息人士称,在总理马克·卡尼宣布计划向私人投资开放该国四个最大机场的三周后,为渥太华提供咨询的银行家和律师已决定,温哥华机场(业内称为 YVR)应成为首个将其地面运营长期租赁权出售给外部投资者的设施。
消息人士表示,YVR 之所以排在首位,是因为政府及其顾问预计将获得第一民族的投资。《环球邮报》未透露消息人士姓名,因为他们未获准代表其雇主发言。
卡尼先生在 9 月于多伦多市中心举行的投资峰会上提出了私有化方案,他在会上召集了高管,旨在为加拿大吸引新资本并重塑该国的投资方式。但该计划引发了人们对旅客价格可能上涨以及航空公司费用增加的担忧。
除 YVR 外,联邦政府还计划出售卡尔加里、多伦多和蒙特利尔机场全部或部分运营权的租赁权。机场,A6
外交关系
加拿大撤回对一项将美国列为干预威胁的虚假信息活动的支持 ■ A3
生活与艺术
多伦多国际电影节 (TIFF) 的查尔斯·特伦布莱讨论该电影节大宗市场的高峰与低谷 ■ A13
商业报告
韦斯顿家族通过收购 Boots 药店连锁店重返英国零售业 ■ B1
秘密加拿大
内页
劳伦斯·马丁 (LAWRENCE MARTIN) .... A11
丽莎·韦德 (LISA WADE) .... A11
巴里·赫兹 (BARRY HERTZ) .... A13
大卫·麦克尼科尔 (DAVID MACNICOL) .... B4
蒂姆·塞斯特尼克 (TIM CESTNICK) .... B8
斯科特·巴洛 (SCOTT BARLOW) .... B8
A 版
目录 ..... A7-9
社论与读者来信 ..... A10
观点 ..... A11
生活与艺术 ..... A13
天气与第一人称 . A14
益智游戏 ..... A15
探索我们的国家信息自由请求数据库 SecretCanada.com
B 版
商业报告 .... B1
观点与分析 .... B4
环球投资者 .... B8
体育 .... B11
漫画 .... B12
讣告 .... B16
播客
帕特里克·怀特 (Patrick White) 报道贸易战如何影响安大略省边境城镇苏圣玛丽。tgam.ca / TheDecibel
《环球邮报》的 SecureDrop 服务提供了一种与我们记者安全共享信息的方式 TGAM.CA / SECUREDROP
周一至周五:$5.00
周六:$9.00
部分地区价格可能更高 elizabethschindler.com
伊丽莎白·辛德勒 (ELIZABETH SCHINDLER)
加拿大制造
威廉·G.R. 欣德的新不伦瑞克风景画
威廉·G.R. 欣德 (WILLIAM G.R. HIND),新不伦瑞克风景画,约 1879-1889 年,编织纸上的水彩、不透明水彩及阿拉伯胶,24.8 × 34.8 厘米。渥太华加拿大国家美术馆。1989 年由渥太华加拿大国家博物馆移交(通过 1974 年加拿大国家博物馆紧急采购基金回购)。照片:NGC
在 10 月份,我们重点展示来自加拿大国家美术馆的作品,它是世界上最受尊敬的艺术机构之一。这家总部位于渥太华的美术馆成立于 1880 年,一个多世纪以来在加拿大文化中发挥了关键作用。加拿大国家美术馆致力于开发、保护和展示 90,000 多件作品,代表了最全面的原住民和加拿大艺术收藏之一,涵盖 14 世纪至 21 世纪的主要作品,以及广泛的图书馆和档案馆藏。www.gallery.ca
1851年,18岁的威廉·G.R. 欣德(William G.R. Hind)移民到多伦多,与他的地质学家哥哥一起,在联邦成立前夕对原住民土地进行了大规模的考察。在绘制科学报告插图的同时,欣德还悄悄记录了自己的个人经历。他独特的风格反映了摄影般的精准,但有一个至关重要的区别:色彩鲜艳且不受拘束。在这幅初秋的景象中,他捕捉了一片茂密的森林——而忽略了周围正在发生的工业化进程。欣德在纽布伦瑞克省度过了他的晚年。
劳伦斯·马丁(LAWRENCE MARTIN)

今年给马克·卡尼颁发诺贝尔和平奖还为时过早 ■ A11
[ 专栏作家 ]
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ANDREW WILLIS
JAMES BRADSHAW
BILL CURRY
Vancouver International Airport is poised to become the first of the country's large airports privatized by the federal government, as Ottawa's advisers offer British Columbia Indigenous groups an opportunity to be minority investors, four sources say.
Three weeks after Prime Minister Mark Carney announced plans to open up four of the country's biggest airports to private investment, the bankers and lawyers advising Ottawa have decided Vancouver's airport, known in the industry as YVR, should be the first facility where a long-term lease on its ground operations is sold to outside investors, according to the sources, who are involved in the process.
YVR earned first spot in line because the government and its advisers expect to land First Nations investment, the sources said. The Globe and Mail is not naming the sources because they are not permitted to speak for their employers.
Mr. Carney made the privatization pitch during September's investment summit in downtown Toronto, where he gathered executives with the goal of drawing new capital to Canada and reframing the country's approach to investment. But the plan has raised concerns about the potential for increased prices for travellers and higher fees for airlines.
Along with YVR, the federal government plans to sell leases to run all or part of Calgary, Toronto and Montreal's airports. AIRPORT, A6
FOREIGN RELATIONS
Canada pulls backing for disinformation event that cites U.S. as an interference threat ■ A3
LIFE & ARTS
TIFF's Charles Tremblay discusses the highs and lows of the festival's big-bet market ■ A13
REPORT ON BUSINESS
Weston family returns to British retail with acquisition of Boots drug-store chain ■ B1
SECRET CANADA
INSIDE
LAWRENCE MARTIN .... A11
LISA WADE .... A11
BARRY HERTZ .... A13
DAVID MACNICOL .... B4
TIM CESTNICK .... B8
SCOTT BARLOW .... B8
A SECTION
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Patrick White reports on how the trade war has hit the border town of Sault Ste. Marie, Ont. tgam.ca/TheDecibel

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ELIZABETH SCHINDLER
MADE IN CANADA
WILLIAM G.R. HIND'S NEW BRUNSWICK LANDSCAPE

WILLIAM G.R. HIND, NEW BRUNSWICK LANDSCAPE, C. 1879-1889, WATERCOLOUR AND GOUACHE WITH GUM ARABIC ON WOVE PAPER, 24.8 × 34.8 CM. NATIONAL GALLERY OF CANADA, OTTAWA. TRANSFER FROM THE NATIONAL MUSEUMS OF CANADA, OTTAWA, 1989 (REPATRIATED THROUGH THE NATIONAL MUSEUMS OF CANADA EMERGENCY PURCHASE FUND 1974). PHOTO: NGC
For October, we are featuring works from the National Gallery of Canada, one of the world's most respected art institutions. Founded in 1880, the Ottawa-based gallery has played a key role in Canadian culture for more than a century. The NGC works to develop, preserve and present more than 90,000 pieces, representing one of the most comprehensive collections of Indigenous and Canadian art, major works from the 14th to 21st centuries, as well as extensive library and archival holdings. www.gallery.ca
In 1851, 18-year-old William G.R. Hind immigrated to Toronto, joining his geologist brother on sweeping expeditions across Indigenous lands on the cusp of Confederation. While illustrating scientific reports, Hind also quietly recorded his personal experiences. His distinctive style mirrored photographic precision with a vital difference: vivid, untamed colour. In this view of early autumn, he captures a dense forest – omitting the industrialization occurring all around. Hind spent his final years in New Brunswick.
LAWRENCE MARTIN

It would be premature to give Mark Carney the Nobel Peace Prize this year ■ A11
[ COLUMNISTS ]
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唐娜·伊莱恩·威廉姆斯的兄弟通过他留下的记录,为她延续生命 ■ A14
蒂姆·切斯特尼克(TIM CESTNICK)
观点
当夏季转入秋季,投资者是时候开始规划他们的年终税务了 ■ B8
《环球邮报》致力于维持最高标准的伦理、法律和编辑准则。标准编辑:桑德拉·E·马丁(SANDRA E. MARTIN),standardiseditor@globeandmail.com
Donna Elaine Williams's brother lives on for her through the records he left behind ■ A14
TIM
CESTNICK
OPINION

As summer turns to fall, it's time for investors to start planing for their year-end taxes ■ B8
The Globe and Mail is committed to maintaining the highest ethical, legal and editorial standards. SANDRA E. MARTIN, STANDARDS EDITOR, standardiseditor@globeandmail.com
伊万·塞梅纽克 (IVAN SEMENIUK)
日本化学家相井健三(Kenso Soai,右)周三在东京理科大学收到一束鲜花。相井博士于1979年在该大学获得博士学位。HIRO KOMAE / 美联社
科学记者
两名研究镜像分子特性及其产生方式的科学家被授予2026年诺贝尔化学奖。
周三,瑞典皇家科学院的成员宣布,来自巴黎南大学(Université Paris-Sud, Orsay)的亨利·卡甘(Henri Kagan)和来自东京理科大学的相井健三(Kenso Soai)将共同分享今年的诺贝尔化学奖。
两人在理解“手征性”(chirality)方面做出了关键贡献,这一特性意味着某些分子可以具有左手型和右手型两种版本。
他们的发现对于药物开发至关重要,因为许多药物要求仅生产分子的其中一个版本,而非其镜像双胞胎。
例如,在某些情况下,分子的镜像版本不仅无效,而且有害。当沙利度胺(thalidomide)在1950年代开始作为缓解孕吐的药物上市时,结果是悲剧性的:该活性药物的镜像版本被发现会导致严重的出生缺陷。
“如何设计一种反应,使其在不涉及任何其他手征分子的情况下,自发地仅产生两种镜像分子中的一种?这就是今年获奖者所解决的谜题,”诺贝尔化学委员会主席海纳·林克(Heiner Linke)在周三的宣布中表示。
这项研究还有助于阐明为什么地球上的生命仅基于某些关键有机分子的左手型版本。
卡甘博士1930年出生于法国布洛涅-比扬古,1960年在巴黎法兰西学院获得博士学位。
在20世纪70年代和80年代,他开发了通过催化剂增强镜像分子中一种版本相对于另一种版本产量的反应。
这项工作因其在实际应用中的突破而获得认可,包括在风味和香料的开发中,因为只有一种版本的手征分子能被感知。
卡甘博士在2001年获得了享有盛誉的沃尔夫化学奖。现年95岁的他,是诺贝尔化学奖年龄最大的获奖者之一。
相井博士1950年出生于日本广岛,1979年在东京大学获得博士学位。
在20世纪90年代,他发现了一种被称为5-嘧啶基烷醇(5-pyrimidyl alkanol)的手征物质,它充当自催化剂,即一种能够自我创造的分子。
到2003年,他开发了一种由非手征前体形成手征分子的化学反应。随后他展示了镜像分子的其中一个版本即使只有极少量的过量,最终也会在比例上增长并主导反应,直到成为唯一剩下的版本。
除了40多亿年前产生仅具有左手化学特性的生物学的生命起源之外,目前尚无其他此类已知案例。
在周三的宣布中,诺贝尔委员会成员彼得·索姆法伊(Peter Somfai)表示,相井博士的发现“可能是有机化学中最酷的实验”。
每年,化学奖是系列诺贝尔奖宣布中的第三项。
周一,卡尔·戴塞罗斯(Karl Deisseroth)、彼得·海格曼(Peter Hegemann)和格奥尔格·纳格尔(Georg Nagel)因创建光遗传学领域而被授予诺贝尔生理学或医学奖。光遗传学是一种通过基因改造神经元使其对光产生反应的方法,该方法改变了大脑研究。
周二,在南极洲领导一项巨型中微子探测实验的弗朗西斯·哈尔曾(Francis Halzen)被命名为今年的诺贝尔物理学奖获得者。
诺贝尔文学奖和诺贝尔和平奖的获奖者预计将分别于周四和周五公布。今年的诺贝尔经济学奖获奖者将于10月12日公布。
IVAN SEMENIUK

Japanese chemist Kenso Soai, right, receives a bouquet of flowers at Tokyo University of Science on Wednesday. Dr. Soai received his PhD from the university in 1979. HIRO KOMAE/ASSOCIATED PRESS
SCIENCE REPORTER
Two scientists who studied the properties and production of molecules that are mirror images of one another have been awarded the 2026 Nobel Prize in Chemistry.
On Wednesday, members of the Royal Swedish Academy of Sciences announced that Henri Kagan of Université Paris-Sud, Orsay, and Kenso Soai of the Tokyo University of Science will share this year's chemistry Nobel.
Both made key contributions to the understanding of “chirality,” a property that means some molecules can have left- and right-handed versions.
Their discoveries have proved important for the development of pharmaceuticals, many of which require the production of only one version of a molecule and not its mirror twin.
For example, in some cases, the mirror version of a molecule is not only ineffective but harmful. When the drug thalidomide was marketed as a morning sickness pill starting in the 1950s, the consequences were tragic: The mirror image of the active drug turned out to cause severe birth defects.
"How can a reaction be designed to spontaneously create only one of the two mirror images without involving any other chiral molecule? It is this puzzle that this year's laureates have solved," Heiner Linke, chair of the Nobel Committee for Chemistry, said during Wednesday's announcement.
The work also helps to illuminate why life on Earth is based only on left-handed versions of certain key organic molecules.
Dr. Kagan was born in 1930 in Boulogne-Billancourt, France, and received his PhD from the College of France in Paris in 1960.
Through the 1970s and 80s, he developed reactions in which catalysts enhanced the production of one version of a mirror molecule relative to the other.
The work was recognized as a breakthrough for its practical applications, including for the development of flavour and scents, in which only one version of a chiral molecule can be sensed.
Dr. Kagan was awarded the prestigious Wolf Prize in Chemistry in 2001. Now 95, he is among the oldest winners of a chemistry Nobel.
Their discoveries have proved important for the development of pharmaceuticals, many of which require the production of only one version of a molecule and not its mirror twin.
Dr. Soai was born in 1950 in Hiroshima, Japan, and received his PhD from the University of Tokyo in 1979.
In the 1990s, he discovered a chiral substance known as 5-pyrimidyl alkanol, which acts as an autocatalyst, a molecule that can create itself.
By 2003, he had developed a chemical reaction in which chiral molecules formed from non-chiral precursors. He then showed how a very small excess of one version of the mirror molecule would eventually grow in proportion to take over the reaction, until it was the sole version remaining.
Apart from the origin of life more than four billion years ago, which produced a biology with exclusively left-handed chemistry, no other such examples are currently known.
At Wednesday's announcement, Peter Somfai, a member of the Nobel Committee, said Dr. Soai's discovery is “probably the coolest experiment in organic chemistry.”
Each year the Chemistry prize marks the third in a series of Nobel Prize announcements.
On Monday, Karl Deisseroth, Peter Hegemann and Georg Nagel were awarded the Nobel Prize in physiology or medicine for creating the field of optogenetics, a method of genetically modifying neurons to react to light that has transformed brain research.
On Tuesday, Francis Halzen, who leads a giant neutrino detection experiment in Antarctica, was named this year's winner of the Nobel Prize in physics.
Recipients of the Nobel Prize in literature and the Nobel Peace Prize are scheduled to be announced on Thursday and Friday, respectively. The winner of this year's Nobel Memorial Prize in Economic Sciences will be announced on Oct. 12.
会议设有将美国视为外国干涉来源的讨论小组
史蒂文·蔡斯 (STEVEN CHASE)
高级议会记者
联邦政府已撤回对在立陶宛举行的一场反虚假信息会议的赞助,该会议设有将美国视为外国干涉威胁的讨论小组。
加拿大全球事务部发言人萨曼莎·拉弗勒 (Samantha Lafleur) 表示,渥太华方面对部分讨论小组的定调感到不安,加拿大官员仍将参加会议,但不会主持任何讨论。
“在几个小组讨论的定调发生变化后,全球事务部决定修改其在 EU DisinfoLab 2026 会议中相关环节的参与方式,”拉弗勒女士在电子邮件声明中表示。
美国国务院批评该会议提出美国是外国干涉和操纵信息的来源。
“组织者似乎将美国与外国敌对势力放在同一个类别中,”该部门在电子邮件声明中表示。“这种错误的等同与这些人声称要促进的目标背道而驰,并掩盖了敌对干涉的规模和性质。”
当被问及华盛顿是否就 Disinfo2026 向加拿大和欧洲国家提出担忧时,该部门拒绝回答。
“国务院不讨论私人外交对话的细节,但我们经常就审查、言论自由以及对抗敌对势力方面的担忧和合作途径,与我们的欧洲和加拿大合作伙伴进行坦诚交流,”国务院表示。
这是一场关于对抗虚假信息的年度会议,2026 年的活动本周在维尔纽斯举行。该会议吸引了研究人员、从事反虚假信息工作的人员、记者、智库、学者和政府官员。会议由总部位于布鲁塞尔的非营利组织 EU DisinfoLab 组织。
今年的重点参会者之一是金伯利·普罗斯特 (Kimberly Prost),这位加拿大法学家因参与一项涉及美国在阿富汗军队的国际刑事法院案件,而受到了美国总统唐纳德·特朗普的制裁。
她是五位法官之一,他们在 2020 年一致决定授权调查塔利班、阿富汗军队以及美国军方和美国中央情报局(曾运营秘密拘留设施)涉嫌在阿富汗犯下的战争罪行。
在 Disinfo2026 上,有多个小组讨论将美国视为外国信息操纵与干涉 (FIMI) 的来源,在这种行为中,国家支持的参与者通过协调且具有欺骗性的行为来影响公众辩论,并破坏选举和机构。
会议议程将定于周四举行的一场会议定调为一次挑衅性的讨论,主题是“越来越多的证据表明,美国在特定的北极环境下,扮演了 FIMI 参与者的角色”。
萨利乌·巴布 (Saliou Babou) 是加拿大全球事务部一个专门单位的负责人,该单位于多年前成立,旨在对抗外国政府资助的虚假信息。他原定主持一场关于北极地区虚假信息的会议。
立陶宛政府也表示撤回了赞助。“由于会议议程的多个部分与政府的官方立场不符,立陶宛已取消参加‘Disinfo 2026’,”立陶宛外交部在电子邮件声明中表示。
此外,参会者告诉《环球邮报》,欧盟的外交服务机构——欧洲对外行动服务局也撤回了赞助。
Disinfo2026 会议组织者拒绝置评。
全球事务部发言人表示,加拿大仍致力于打击虚假信息。
“我们尊重组织者根据其认为合适的方式来定调讨论的权利,并认可会议中公民社会参与者和发言者的独立性,”拉弗勒女士表示。
美国阳光项目(American Sunlight Project)的首席研究员兼会议参与者本杰明·舒尔茨(Benjamin Shultz)表示,会议上列出赞助商的海报现在用白色贴纸覆盖了加拿大、立陶宛和欧盟的标志。
舒尔茨先生对加拿大政府关于小组讨论主题已被“重新界定”的说法提出了质疑,他表示小组讨论的描述与2026年6月的版本相比没有变化。
其中一场会议的主题为“美国作为FIMI威胁:承认、适应、反击”,FIMI是指外国信息操纵与干预。描述中提到,此次讨论将探讨:“当今反虚假信息领域最令人不安的问题之一:美国是如何成为欧洲的FIMI威胁的?”
另一场名为“遭受攻击:反虚假信息社区如何应对美国政府压力”的小组讨论,谈到了华盛顿如何对五名欧洲人实施签证限制,其中包括前欧盟委员蒂埃里·布雷顿(Thierry Breton)以及四个打击在线虚假信息和仇恨组织的领导人,指责他们向美国社交媒体平台施压以审查美国言论。
小组讨论的描述称:“美国政府通过攻击来恐吓个人和组织的行为,是为了保护那些试图逃避监管和批评的美国公司而采取的前所未有的升级行动。”
美国国务院在声明中否认了其作为外国信息操纵与干预来源的观点。
该部门表示:“长期以来,各国政府一直利用打击‘误导性信息’和‘虚假信息’的借口来达成政治目的。我们继续打击恶意的外国宣传;同时,我们也认识到将敌对行动与国内发言者及盟国政治观点和立场区分开来的重要性。”
(本报道由内森·范德克利普(Nathan VanderKlippe)共同报道)
Conference has panels that treat U.S. as source of foreign interference
STEVEN CHASE
SENIOR PARLIAMENTARY
REPORTER
The federal government has withdrawn its sponsorship of an anti-disinformation conference in Lithuania that features panels talking about the United States as a foreign-interference threat.
Global Affairs spokesperson Samantha Lafleur said Ottawa wasn't comfortable with the framing of some of the panels and that Canadian officials will still take part in the conference but will not chair any discussions.
“Following changes to the framing of several panel discussions, Global Affairs decided to revise its participation in those sessions at the EU DisinfoLab 2026 conference,” Ms. Lafleur said in an e-mailed statement.
The U.S. State Department criticized the conference for proposing that the United States is a source of foreign interference and manipulated information.
"The organizers appear to put the United States in the same bucket as foreign adversaries," the department said in an e-mailed statement. "This false equivalence is antithetical to the goals these individuals claim to promote and obscures the scale and nature of adversarial interference.”
Asked if Washington raised concerns about Disinfo2026 with Canada and European countries, it declined to say.
"The Department does not discuss details of private diplomatic conversations, but we regularly and candidly engage our European and Canadian partners on concerns and avenues for collaboration regarding censorship, free expression, and countering adversaries," the State Department said.
An annual conference on countering disinformation, the 2026 event is taking place in Vilnius this week. The conference attracts researchers, people who work in counter-disinformation, journalists, think tanks, academics and government officials. It is organized by EU DisinfoLab, a non-profit based in Brussels.
One of the featured attendees this year was Kimberly Prost, the Canadian jurist hit by sanctions from U.S. President Donald Trump for her work on an International Criminal Court case involving American troops in Afghanistan.
She was one of five judges who decided unanimously in 2020 to authorize an investigation into war crimes allegedly committed in Afghanistan by the Taliban, Afghan forces and members of the U.S. military and Central Intelligence Agency, which operated secret detention facilities.
At Disinfo2026, more than one panel discusses the U.S. as a source of foreign-information manipulation and interference (FIMI), in which state-backed actors conduct co-ordinated and deceptive behaviour to sway public debate and undermine elections and institutions.
The conference program frames one session, slated for Thursday, as a provocative discussion on “growing evidence that the United States has, in specific Arctic contexts, operated as a FIMI actor.”
Saliou Babou, the director of a Global Affairs Canada unit that was set up years ago to counter foreign state-sponsored disinformation, was slated to chair a session on disinformation in the Arctic.
The Lithuanian government also said it withdrew its sponsorship. “Lithuania has cancelled its participation in ‘Disinfo 2026’ as several parts of the conference programme differ from the official position of the Government,” the Ministry of Foreign Affairs of Lithuania said in an e-mailed statement.
In addition, participants told The Globe and Mail that the European External Action Service, the EU's diplomatic service, withdrew its sponsorship.
The Disinfo2026 conference organizers declined to comment.
The Global Affairs spokesperson said Canada remains committed to combatting disinformation.
“We respect the right of the organizers to frame discussions as they see fit and recognize the independence of civil society actors and speakers at the conference,” Ms. Lafleur said.
Benjamin Shultz, a lead researcher at the American Sunlight Project and a conference participant, said posters at the conference listing sponsors now feature white stickers covering the logos for Canada, Lithuania and the EU.
Mr. Shultz disputed the Canadian government's statement that panel subjects had been “reframed,” saying the description of the panels is unchanged from a June, 2026, version.
One of the conference sessions was titled “USA as a FIMI threat: acknowledge, adapt, push back,” referring to foreign-information manipulation and interference. The description said the discussion would address: “one of the most uncomfortable questions in the counter-disinformation field today: how did the United States become a FIMI threat for Europe?”
Another panel titled "Under attack: How the counter-disinformation community is dealing with US government pressure," talked about how Washington imposed visa restrictions on five Europeans, among them former EU commissioner Thierry Breton and four leaders of groups that combat online disinformation and hate, accusing them of putting pressure on U.S. social-media platforms to censor American speech.
"The United States Government's attacks to intimidate individuals and organisations are an unprecedented escalation in defense of U.S. corporations seeking to avoid regulation and criticism," the panel description said.
The U.S. State Department in its statement rejected the idea that it's a source of foreign-information manipulation and interference.
“For too long, governments have exploited the pretext of combatting ‘misinformation’ and ‘disinformation’ for politically motivated reasons,” the department said. “We continue to counter malign foreign propaganda; we also recognize the importance of distinguishing adversarial campaigns from the political opinions and positions of our domestic speakers and allied countries.”
With a report from Nathan VanderKlippe
内森·范德克利普 (NATHAN VANDERKLIPPE)
国际记者
全球最富有的人希望加拿大分崩离析。在魁北克的一场选举使分离主义者重新掌权后,他呼吁三个省份离开联邦。
万亿富翁埃隆·马斯克曾在安大略省就读大学,与多名加拿大女性育有子女,并自称“一半是加拿大人”。他周三表示,他支持那些希望其省份独立的群体。
“魁北克应该分离,”他在自己拥有的社交媒体平台 X 上写道。他一直利用该平台向全球数亿人分享自己的观点。
他补充说,魁北克作为一个独立国家“会过得更好”。“阿尔伯塔和萨斯喀彻温也应该分离。”
周一,魁北克党在承诺举行第三次独立公投后赢得了少数政府。在不到两周的时间里,阿尔伯塔省的选民将投票决定该省是留在加拿大,还是开始启动一项具有法律约束力的分离公投程序。与此同时,萨斯喀彻温省的一些民调显示,支持脱离联邦的人数有所增加。
“这种宣传是前所未有的,”前阿尔伯塔省副省长托马斯·卢卡舒克 (Thomas Lukaszuk) 表示。他领导着一个名为“永远的加拿大” (Forever Canadian) 的倡议组织,该组织一直致力于争取阿尔伯塔省留在加拿大。
他称马斯克的言论是“冒犯性的”。
“我希望加拿大人在购物时能记住,作为消费者,我们在支持谁,”他说。
网络诊断公司 Ookla 去年报告称,特斯拉每年在加拿大销售数万辆汽车,而加拿大是 SpaceX 旗下部门 Starlink 提供的卫星互联网服务的第五大市场。2024 年,马斯克表示 Starlink 已覆盖 3 per cent 的加拿大住户。
但加拿大的政治领导人也一直在努力抵制这种影响。
去年,安大略省表示已取消与 SpaceX 签署的一项价值 $92-million 的 Starlink 服务合同,以履行省长道格·福特 (Doug Ford) 对抗美国关税的承诺。总理马克·卡尼 (Mark Carney) 已公开表示,他打算与欧洲和亚洲的伙伴合作,以实现 Starlink 的“多元化替代”。
去年,一项由时任新民主党 (NDP) 议员查理·安格斯 (Charlie Angus) 支持的请愿书呼吁总理撤销马斯克的加拿大护照。
周三,萨斯喀彻温省省长斯科特·莫 (Scott Moe) 在 X 上用一个词回应了马斯克:“不。”
“我们的政府、我们的党团以及我们的政党支持阿尔伯塔留在加拿大,”阿尔伯塔省省长丹妮尔·史密斯 (Danielle Smith) 在一份声明中补充道。
但阿尔伯塔的分离主义者对这位人士的支持表示欢迎。他将电动汽车制造商特斯拉打造成为全球化企业,将火箭公司 SpaceX 变为主要参与者,并一直拥有全球最强大的社交媒体网络之一。
“他是一个非常成功的人,他从商业角度看待我们的处境,并认为我们独立会更好。他能这么想,就让这件事具有了某种可信度,”阿尔伯塔繁荣项目 (Alberta Prosperity Project) 首席执行官米奇·西尔维斯特 (Mitch Sylvestre) 表示。
关于阿尔伯塔、萨斯喀彻温和魁北克在加拿大之外会过得更好的论点——“我完全同意,”西尔维斯特说。“我们已经一次又一次地证明了这一点。”
马斯克的介入正值美国多位知名政治和宗教领导人发表一系列支持分离声明之后。
今年 1 月,美国财政部长斯科特·贝森特 (Scott Bessent) 称阿尔伯塔是其国家的“天然合作伙伴”。美国总统唐纳德·特朗普曾多次威胁要吞并加拿大。美国有影响力的保守派牧师和播客主也公开支持阿尔伯塔脱离联邦。
马斯克先生与特朗普政府建立了密切关系,最近被选为“子午线计划”(Project Meridian)的领导者,该计划是五角大楼一项旨在研究未来战争的行动。
“在这场……中的外国干涉——”
马斯克先生于1989年从南非移居加拿大,并在金斯顿的皇后大学就读了两年。他还曾在萨斯喀彻温省一名表亲的农场工作,并曾发布过一张自己拿着锤子、戴着白色牛仔帽的照片。
“我爱加拿大!我有一半加拿大血统,”他在2017年写道。
“我的母亲出生在里贾纳。我的祖父(她的父亲)是美国人,出生在明尼苏达州。”
此后,他对这个地方的态度转冷,在贾斯汀·特鲁多担任总理的那些年里,他的谴责变得愈发激烈。
在回应一项反对其公民身份的请愿时,他在一条随后被删除的消息中写道:“加拿大不是一个真正的国家。”
他指责特鲁多先生“试图在加拿大扼杀言论自由”,称其“令人羞愧”。他批评加拿大的双语法律,称其“极其虚伪且不公平!”当美国总统暗示加拿大不公正对待美国银行时,他公开支持特朗普先生。
2024年,他说特鲁多先生被投票下台已经是“时候到了”。
去年年初,他对特鲁多先生的一份声明嗤之以鼻,该声明称“加拿大成为美国一部分的可能性微乎其微(there isn’t a snowball’s chance in hell)”。
在特鲁多先生宣布将辞职的次日,马斯克先生做出了回应,他使用了一个特朗普先生经常用来嘲讽总理的称呼:“姑娘,你不再是加拿大的省长了,所以你说什么都无所谓。”
(本文采用了马修·斯凯斯的文件)
紧急救援人员周三在乌克兰普里卢基一座被俄罗斯导弹击中的公寓楼现场营救人员。VALENTYN OGIRENKO / 路透社
NATHAN VANDERKLIPPE
INTERNATIONAL CORRESPONDENT
The richest man on Earth wants Canada to break apart, calling for three provinces to leave Confederation in the wake of an election in Quebec that brought separatists back to power.
Trillionaire Elon Musk, who attended university in Ontario, has fathered children with multiple Canadian women and has called himself “half Canadian,” said Wednesday that he supports those who want their provinces to be independent.
“Quebec should separate,” he wrote on X, the social-media platform he owns and has used to share his views with hundreds of millions of people around the world.
Quebec “would be better off” as its own country, he added. “Alberta and Saskatchewan should separate too.”
On Monday, the Parti Québécois won a minority government after promising a third referendum on independence. In less than two weeks, Albertans will vote on whether that province should remain in Canada or begin the process of holding a legally binding referendum on separation. In Saskatchewan, meanwhile, some polls have shown increased support for secession.
Alberta separatists welcomed support from the man who
built electric
automaker Tesla into
a global operation, paign is unprecedented," said Thomas Lukaszuk, a former deputy premier of Alberta who has led Forever Canadian, an initiative that has campaigned for Alberta to remain in Canada.
He called Mr. Musk's comments "offensive."
turned rocket
company SpaceX
into a major player
and has maintained
ownership of one of
the world's most powerful social-media networks.
“I hope that Canadians in their shopping practices keep in mind whom we are supporting as consumers in Canada,” he said.
Tesla sells tens of thousands of vehicles a year in Canada, and Canada is the fifth-largest market for satellite internet services provided by Starlink, a division of SpaceX, network diagnostics company Ookla reported last year. In 2024, Mr. Musk said Starlink was in 3 per cent of Canadian homes.
But Canadian political leaders have also worked to counter the influence of
Last year, Ontario said it had scrapped a \$92-million contract with SpaceX for its Starlink service, fulfilling a vow by Premier Doug Ford to retaliate against U.S. tariffs. Prime Minister Mark Carney has said publicly that he intends to work with partners in Europe and Asia to “diversify away” from Starlink.
Last year, a petition backed by Charlie Angus, then an NDP MP, called on the Prime Minister to revoke Mr. Musk's Canadian passport.
On Wednesday, Saskatchewan Premier Scott katchewan Premier Scott
Moe responded to Mr. Musk with a single word, posted to X: "No."
"Our government, our Caucus, and our party support Alberta remaining in Canada," added Alberta Premier Danielle Smith in a statement.
But Alberta separatists welcomed support from the man who built electric automaker Tesla into a global operation, turned rocket company SpaceX into a major player and has maintained ownership of one of the world's most powerful social-media networks.
He is “somebody that’s done really well and looks at our situation, business-wise, and says we’d be better off on our own. It just gives it some credibility for him to actually think that,” said Mitch Sylvestre, chief executive officer of the Alberta Prosperity Project.
The argument that Alberta, Saskatchewan and Quebec would be better off outside Canada – “I agree with all of that,” Mr. Sylvestre said. “We’ve made the case over and over again.”
Mr. Musk's intervention arrives in the wake of a series of pro-secession statements from prominent American political and religious leaders.
In January, U.S. Treasury Secretary Scott Bessent called Alberta a “natural partner” for his country. U.S. President Donald Trump has repeatedly threatened the annexation of Canada. Influential conservative pastors and podcasters in the U.S. have openly supported Alberta secession.
Mr. Musk has cultivated close ties with the Trump administration, most recently being chosen as a leader of Project Meridian, a Pentagon effort to examine the future of warfare.
"The foreign interference in this cam-"
Mr. Musk moved to
Canada from South Africa in 1989 and attended Queen's University in Kingston for two years. He also worked on a cousin's farm in Saskatchewan, once posting a photo of himself holding a hammer and wearing a white cowboy hat.
"I love Canada! I'm half Canadian," he wrote in 2017.
"My Mom was born in Regina. My grandfather (her Dad) was American, born in Minnesota."
He has since soured on the place, his condemnation growing more strident during the years Justin Trudeau was prime minister.
“Canada is not a real country,” he wrote in one message, then deleted, in response to the petition against his citizenship.
He accused Mr. Trudeau of “trying to crush free speech in Canada,” calling it “shameful.” He criticized Canada’s bilingual laws, which he called “extremely hypocritical and unfair!” He publicly sided with Mr. Trump when the U.S. President suggested Canada treats American banks unfairly.
In 2024, he said it was “high time” Mr. Trudeau was voted out of office.
Early last year, he sneered at a statement from Mr. Trudeau that said “there isn’t a snowball’s chance in hell that Canada would become part of the United States.”
Mr. Musk responded on the day after Mr. Trudeau said he would resign, using a title Mr. Trump often used to troll the prime minister: “Girl, you’re not the governor of Canada anymore, so doesn’t matter what you say.”
With a file from Matthew Scace

Emergency services work to rescue people at the site of an apartment building hit by a Russian missile strike in Pryluky, Ukraine, on Wednesday. VALENTYN OGIRENKO/REUTERS
奥莱娜·哈尔马什 (OLENA HARMASH)
弗拉迪斯拉夫·斯米利亚内茨 (VLADYSLAV SMILIANETS),基辅
乌克兰总统弗拉基米尔·泽连斯基表示,俄罗斯在周三发动了其最“卑劣的袭击”之一,使用多波导弹和无人机猛烈轰炸乌克兰,造成包括儿童在内的至少28人死亡,并损坏了工业设施和能源基础设施。
内政部长伊万·维希夫斯基 (Ivan Vyhivskyi) 将全国死亡人数定为28人。
损失最严重的是乌克兰北部切尔尼戈夫地区的普里卢基 (Pryluky),一枚俄罗斯导弹将一栋五层住宅楼夷为平地。
地区州长维亚切斯拉夫·查乌斯 (Vyacheslav Chaus) 表示,此次袭击造成20人死亡,其中包括五名儿童。
周三晚上,首都基辅的检察官表示,郊区一名无人机掉落的碎片导致两人死亡。
泽连斯基先生表示,全国共有100人受伤。
总统指出,此次袭击恰逢俄罗斯总统弗拉基米尔·普京的生日。
“这就是普京给自己准备的生日礼物:杀害儿童,杀害民众,”泽连斯基先生在每晚的视频讲话中说道。
在早些时候的在线评论中,泽连斯基先生表示,在这次大规模袭击期间,首都基辅以及中部城市亚历山德里亚 (Oleksandria) 和克雷门丘克 (Kremenchuk) 也有平民被杀。
他表示,俄罗斯在夜间共向乌克兰发射了70枚导弹——其中许多是高速弹道弹药——以及数十架“见证者” (Shahed) 攻击无人机。
“俄罗斯人想要进行一次痛苦且具有示范性的打击。这是最卑劣的袭击之一。”
在普里卢基,一台挖掘机和数十名拿着铲子的救援人员在公寓楼部分坍塌的现场搜寻废墟。
应急工作人员使用梯子进入建筑残骸的高层,并在清理废墟的过程中救出了15名幸存者。地区官员表示,该镇约有55人受伤。
“破坏非常严重,尤其是市中心,”普里卢基副市长丹尼洛·萨文科 (Danylo Savenko) 说道,他表示在听到导弹飞过时,立即与妻子一起跑向防空洞。
俄罗斯国防部表示,其部队使用高精度陆基、海基和空基武器以及无人机,对基辅和其他乌克兰地区的军工设施进行了“大规模打击”。
乌克兰空军表示,俄罗斯发射的46架喷气式无人机中,他们击落了80%以上——相比近几周防空系统击落率在50%至60%之间有所提高。
自夏天以来,俄罗斯在对基辅和其他城市的全天候袭击中,使用了越来越多新型高速无人机,乌克兰的防空系统难以应对。
空军并未解释拦截率跳升的原因,也没有立即回应置评请求。
泽连斯基先生表示,俄罗斯的弹道导弹仍然是乌克兰面临的主要挑战,并补充说,他和他的团队“每天都在寻找能够且必须保护人们生命的‘爱国者’(导弹拦截)系统”。
总理谢尔希·科雷茨基 (Sergii Koretskyi) 表示,乌克兰周三收到了来自欧盟的一笔新的€1.2-billion ($1.34-billion) 款项,并将把这笔资金用于国防需求。
美国制造的“爱国者”系统是乌克兰武器库中唯一能够拦截高速弹道导弹的武器。由于伊朗战争和乌克兰冲突,全球供应已近枯竭。
俄罗斯国防部表示,其目标包括乌克兰国防公司 Fire Point 在基辅以及基辅、切尔尼戈夫、基洛夫格勒、第聂伯罗彼得罗夫斯克、波尔塔瓦和哈尔科夫地区制造和储存 Flamingo 巡航导弹以及中远程无人机的地点。
上周,泽连斯基先生表示,乌克兰在战斗中首次发射了由 Fire Point 公司生产的国产弹道导弹。在接受路透社采访时,他表示预计该公司将在秋季前准备好射程更远的 FP-9 导弹。Fire Point 公司表示,该武器将能够触及莫斯科。
泽连斯基先生表示,乌克兰军队在过去 24 小时内击中了俄罗斯境内的四个目标,包括位于彼尔姆、萨马拉和阿斯特拉罕地区的两个俄罗斯石油设施和一个训练场。
路透社

埃利贾·雷恩(Elija Rain,不列颠哥伦比亚省皇家骑警代理指挥官,左)、W. 迈克·赫林顿(W. Mike Herrington,美国联邦调查局西雅图分局负责特工)以及尼尔·弗洛伊德(Neil Floyd,美国代理检察官)周二在西雅图向媒体发表讲话。
DAVID RYDER / 路透社
OLENA HARMASH
VLADYSLAV SMILIANETS KYIV
Russia pounded Ukraine with waves of missiles and drones in one of its most “vile strikes” on Wednesday, Ukrainian President Volodymyr Zelensky said, killing at least 28 people, including children, and damaging industrial facilities and energy infrastructure.
Interior Minister Ivan Vyhivskyi put the countrywide death toll at 28.
The heaviest losses were in Pryluky in Ukraine's northern Chernihiv region, where a Russian missile obliterated a five-storey residential building.
Regional Governor Vyacheslav Chaus said 20 people died in the attack, including five children.
On Wednesday evening, prosecutors in the capital Kyiv said falling debris from a drone killed two people in a suburb.
Mr. Zelensky said that 100 people had been injured throughout the country.
The president noted that the attacks coincided with Russian President Vladimir Putin's birthday.
"This is the kind of birthday present that Putin gave himself: the killing of children, the killing of people," Mr. Zelensky said in his nightly video address.
In earlier online comments, Mr. Zelensky said civilians had also been killed in the capital Kyiv and in the central cities of Oleksandria and Kremenchuk during the massive attack.
In total, Russia fired 70 missiles at Ukraine overnight – many of them high-velocity ballistic munitions – and dozens of Shahed attack drones, he said.
"The Russians wanted to strike painfully and demonstratively. This was one of the most vile strikes."
In Pryluky, an excavator and dozens of rescuers with shovels sifted through rubble at the site where several sections of the apartment block had collapsed.
Emergency workers used ladders to get to the upper floors of what remained of the building, and brought out 15 survivors as they worked their way down through the rubble. Around 55 people were wounded in the town, regional officials said.
"There's a lot of destruction, especially in the town centre," said Danylo Savenko, deputy mayor of Pryluky, who said he had run to an air raid shelter with his wife as soon as he heard the missiles flying.
Russia's Defence Ministry said its forces had carried out a “massive strike” on military-industrial facilities in Kyiv and other Ukrainian regions, using high-precision land-, sea- and air-launched weapons, as well as drones.
Ukraine's air force said it had downed more than 80 per cent of the 46 jet-powered drones launched by Russia – an increase from recent weeks when air defences took down 50 per cent to 60 per cent.
Since the summer, Russia has used increasing numbers of the new high-velocity drones in round-the-clock attacks on Kyiv and other cities, with Ukraine's air defences struggling to cope.
The air force did not explain the jump in the interception rate and did not immediately respond to requests for comment.
Mr. Zelensky said the Russian ballistic missiles remained the major challenge for Ukraine, adding that he and his team were “every day looking for Patriot (missile interception) systems that can and must protect people’s lives.”
Ukraine received a new €1.2-billion (US\$1.34-billion) tranche from the European Union on Wednesday and will channel the funds towards defence needs, Prime Minister Sergii Koretskyi said.
The U.S.-made Patriot system is the only weapon in Ukraine's arsenal capable of stopping high-velocity ballistic missiles. Global supplies have been drained by the Iran war and the Ukraine conflict.
Russia's Defence Ministry said its targets included sites where Ukrainian defence company Fire Point manufactures and stores its Flamingo cruise missiles and medium- and long-range drones in Kyiv as well as regions of Kyiv, Chernihiv, Kirovohrad, Dnipropetrovsk, Poltava and Kharkiv.
Last week, Mr. Zelensky said Ukraine had fired its first domestically made ballistic missile in combat, produced by Fire Point. In an interview with Reuters, he said he expected the company to have a longer-range FP-9 missile ready by the autumn. Fire Point has said that weapon will be able to reach Moscow.
Mr. Zelensky said Ukrainian troops hit four targets in Russia over the past 24 hours, including two Russian oil facilities and a training ground in the Perm, Samara and Astrakhan regions.
REUTERS

Elija Rain, acting commanding officer with the B.C. RCMP, left, W. Mike Herrington, special agent in charge of the FBI Seattle field office, and Neil Floyd, acting U.S. attorney, speak to media in Seattle on Tuesday.
DAVID RYDER/REUTERS
华盛顿州
嫌疑人告诉警员
凶手从家人那里
盗窃枪支和弹药
一份针对一名华盛顿州嫌疑人的 FBI 投诉书披露了关于袭击中可能使用的枪支以及这名青少年凶手如何获取这些枪支的大量新细节。该嫌疑人被指控与 Tumbler Ridge 枪击案凶手共谋数月。
由一名西雅图 特工宣誓提交的投诉书称,被指控共谋在外国谋杀的詹姆斯·布莱恩特(James Bryant)告诉警员,杰西·范·鲁特塞拉尔(Jesse Van Rootselaar)从其家人的枪支保险箱中盗窃了枪支和弹药,并将它们藏在自己的房间里,“为大规模枪击做准备”。
投诉书中还提到了一些未经法庭验证的指控,称 18 岁的范·鲁特塞拉尔女士在在线聊天中告诉布莱恩特女士,她已说服另一人代其购买弹药,并且她打算使用的一件武器在之前被皇家骑警(RCMP)没收后已被归还。
范·鲁特塞拉尔女士在 2 月 10日杀害了 8 名受害者,其中包括在她家中被杀的母亲和兄弟,以及在 Tumbler Ridge 中学被杀的 5 名学生和一名教育助理。
尽管范·鲁特塞拉尔女士在学校自杀,但皇家骑警对此次枪击事件的刑事调查仍在进行中。
在不列颠哥伦比亚省担任代理指挥官的皇家骑警助理专员埃利亚·雷恩(Elija Rain)表示,“调查人员在刑事调查方面取得了实质性进展。”
雷恩专员在一份声明中表示,皇家骑警最近限制发布有关此案的信息,“是为了确保我们的调查理论和行动不被破坏”。
周二公布的 MAID 投诉书显示,范·鲁特塞拉尔女士在 Discord 平台上告诉布莱恩特女士,她拥有一个 3-D 打印的前握把、枪支弹匣以及一个用于 SKS 步枪的“开关”装置, MAID 表示这可能指的是一种“机关枪改装装置”。
来自华盛顿州贝灵汉(Bellingham)的 30岁布莱恩特女士据称告诉 ,范·鲁特塞拉尔女士“最终在 Tumbler Ridge 枪击案中使用了其中一些相同的物品”。
投诉书中的一张照片描绘了一个 称作范·鲁特塞拉尔女士的人,在袭击当天早晨,她穿着黑色超短裙和鱼网袜跪在地上,手里拿着一支带有望远镜瞄准镜的橄榄绿色步枪。
枪管末端似乎是一个消音器,上面装饰着跨性别骄傲旗的蓝色、白色和粉色条纹。
范·鲁特塞拉尔女士是跨性别者, MAID 周二表示布莱恩特女士认同自己为女性。
表示,在 2025年 12 月,范·鲁特塞拉尔女士讨论了一把她计划在袭击中使用的枪。
她据称告诉布莱恩特女士:“警察在粗鲁地没收我的 SKS 时把瞄准镜撞偏了一点,所以这把枪打出来的弹孔偏高且偏左。”
另一张照片显示了一把 Ca-nuck 品牌的散弹枪,范·鲁特塞拉尔女士说这把枪也将用于袭击。
枪上贴着一张同样是蓝色、白色和粉色的贴纸。
布莱恩特女士据称告诉范·鲁特塞拉尔女士:“喜欢这些贴纸……如果这些贴纸出现在事件的照片中会非常有趣。”
加拿大新闻社(THE CANADIAN PRESS)

Washington State
suspect told officers
that killer stole guns,
ammo from family
An FBI complaint against a Washington State suspect accused of conspiring with the Tumbler Ridge mass shooter for months provides extensive new details about the guns that may have been used in the attack, and how the teenage killer may have obtained them.
The complaint sworn by an FBI agent in Seattle says James Bryant, who is charged with conspiracy to murder in a foreign country, told officers that Jesse Van Rootselaar stole firearms and ammunition from her family's gun safe and hid them in her room "in preparation for a mass shooting."
It also says in claims not tested in court that 18-year-old Ms. Van Rootselaar told Ms. Bryant in online chats that she had convinced another person to purchase ammunition on her behalf, and that one of the weapons she intended to use had been returned after previously being confiscated by the RCMP.
Ms. Van Rootselaar killed eight victims on Feb. 10, including her mother and brother at their home, and five students and an educational assistant at Tumbler Ridge Secondary School.
The RCMP criminal investigation into the shooting is ongoing, despite Ms. Van Rootselaar having killed herself at the school.
Assistant RCMP Commissioner Elija Rain, who is acting commanding officer in B.C., says “investigators have made substantial progress in the criminal investigation.”
Commissioner Rain said in a statement that the RCMP's release of information about the case has recently been limited "because of the need to ensure our investigative theories and actions were not compromised."
The FBI complaint released on Tuesday says Ms. Van Rootselaar told Ms. Bryant on the Discord platform that she possessed a 3-D printed foregrip, firearm magazines and a “switch” device for an SKS rifle, which the FBI says likely referred to a “machine-gun conversion device.”
Ms. Bryant, 30, of Bellingham, Wash., allegedly told the FBI that Ms. Van Rootselaar “ended up using some of these same items during the Tumbler Ridge shooting.”
A photo in the complaint depicts a person the FBI says is Ms. Van Rootselaar, posing on their knees in a black miniskirt and fishnet stockings, while holding an olive-green rifle with a telescopic sight on the morning of the attack.
On the end of the barrel is what appears to be a suppressor, decorated in the blue, white and pink bands of the transgender Pride flag.
Ms. Van Rootselaar was trans, and the FBI said Tuesday that Ms. Bryant identifies as female.
The FBI says that in December, 2025, Ms. Van Rootselaar discussed a gun she said she was planning to use in the attack.
"The police knocked my SKS sights off zero a lil bit when they roughly confiscated it, so the gun has been hitting high and to the left," she allegedly told Ms. Bryant.
Another photo shows a Ca-nuck-branded shotgun that Ms. Van Rootselaar said would also be used in the attack.
It is decorated with a sticker, also in blue, white and pink.
Ms. Bryant allegedly tells Ms. Van Rootselaar: “Love the stickers … stickers would be so funny to be seen in photos of the incident.”
THE CANADIAN PRESS

ALANNA SMITH
KRISTY KIRKUP
一名患有 4 期黑色素瘤且有两个孩子的安大略省父亲表示,省政府修订的境外医疗覆盖规则将继续禁止他获得一项可能挽救他及他人生命的治疗,这让他心碎。
此前,安大略省高等法院在 9 月推翻了该省拒绝为 37 岁的亚历克斯·什韦德(Alex Shved)提供该治疗费用覆盖的决定。
周二,省政府宣布对其医疗保险立法进行修订,以明确在何种情况下将覆盖境外治疗。根据修订后的规则,什韦德先生的治疗仍不符合条件。
该省表示,只有在满足特定条件时才会提供资金,包括:该药物及其给药方式已在安大略省获得资金支持、治疗在安大略省内进行、暂时无法获得治疗,且旅行对于避免死亡或避免具有医学意义的不可逆组织损伤是必要的。
周三,什韦德先生表示,安大略省采取这种做法,而不是帮助像他这样的居民及时获得至关重要的治疗,“令人极其失望”。
“我曾希望这场法律斗争能将事情推向正确的方向。我没意识到他们能如此轻易地更改规则,从而使结果依然相同,”他说道,并对省长道格·福特(Doug Ford)和卫生部长西尔维娅·琼斯(Sylvia Jones)表达了沮丧之情。
“总的来说,我对最终结果非常失望。”
安大略省在的一份声明中表示,由于现行的境外药物资金政策(自 2011起实施)可能会使该省面临财务风险,因此需要对其进行明确。声明称,如果不更新法规,安大略省的药物计划每年可能会损失 $5.2-billion,并且会“为全球制药公司创造一个后门,使其无需直接与该省谈判以获得更具竞争力的价格”。
针对 9 月的法院裁决,政府表示正在“探索所有可用选项”,包括提起上诉或与什韦德先生寻求一个“双方都满意的解决方案”。
这位来自伊托比科(Etobicoke)的父亲渴望获得肿瘤浸润淋巴细胞(TIL)疗法,这是一种治疗转移性黑色素瘤的方法,利用的是他自身其中一个肿瘤的细胞。
什韦德先生向安大略省的境外计划提交了申请,以确认该省是否会支付他在美国接受治疗的费用。
他的申请被拒绝,并被告知该计划并非旨在作为那些最终可能符合公共覆盖条件的药物的临时资金渠道。
2025年 8 月,加拿大卫生部批准了一款名为 lifileucel 的商业版 TIL 疗法。单次 lifileucel 治疗费用为 US$515,000,,且不包括在美国医院住院的费用。由于该药物仍在公共资金审核中,除临床试验外,在加拿大境内无法获得。
琼斯女士在声明中表示,监管变更在保护安大略省纳税人与提供救命药物之间取得了平衡。
她表示,此次变更“支持一种一致、公平且透明的资金决定方法”,并“保护了安大略省世界级药物审批流程的完整性”。
关于覆盖范围的决定将继续通过既定的申请流程进行。
在安大略省高等法院的裁决中,法官让-马克·拉布罗斯(Jean-Marc Labrosse)和莎伦·肖尔(Sharon Shore)表示,该省拒绝为什韦德先生提供资金的理由是不合理的且解释不足,并补充说,如果没有所请求的治疗,他“可能在圣诞节前死亡”。
他们将此事发回给安大略省公共药物计划的执行官,并要求在加快的时间表内做出新决定。
第三位法官大卫·科贝特(David Corbett)同意应撤销该决定,但不同意其同事支持的处理方法。
他写道,他本会指示执行官建议进行治疗,并会指示安大略省健康保险计划(OHIP)的总经理加快资金决定。
亚历克斯·什韦德(Alex Shved)和他的妻子阿加塔·齐巴(Agata Zieba)向安大略省的境外医疗计划提交了申请,以确认该省是否会支付什韦德先生在美国治疗 4 期黑色素瘤的费用。该申请被拒绝。GALIT RODAN / THE GLOBE AND MAIL
官员称,美国将就涉嫌酷刑对待美国公民一事起诉委内瑞拉的马杜罗
一名美国官员周三表示,委内瑞拉前总统尼古拉斯·马杜罗(Nicolás Maduro)及其妻子西莉亚·弗洛雷斯(Cilia Flores)预计将在美国面临新的刑事指控,理由是在委内瑞拉被拘留的美国人遭到了酷刑对待。
据一名听取了调查简报的官员称,新指控最早可能在周四提出。
领导委内瑞拉 13 年的马杜罗先生和弗洛雷斯女士于 1 月 3 日被美国军队从他们位于加拉加斯的家中抓获,并被带到纽约面临贩毒指控。他们已否认指控,并计划于 2027 年 6 月 1 日开始受审。
提起指控的曼哈顿美国检察官办公室的一位发言人拒绝发表评论。
马杜罗先生和弗洛雷斯女士的律师没有立即回应置评请求。
CNN 周三率先报道了可能出现新指控的消息。
新指控的细节,包括涉嫌遭受酷刑的受害者身份,目前尚未公布。
63 岁的马杜罗先生和 69 岁的弗洛雷斯女士一直被关押在布鲁克林的一所联邦监狱中。
路透社
ALANNA SMITH
KRISTY KIRKUP
An Ontario father of two with Stage 4 melanoma says he is heartbroken that the provincial government's revised rules for out-of-country medical coverage will continue to bar access to a treatment that could save his and others' lives.
Previously, the Ontario Superior Court of Justice in September quashed the province's decision to refuse to cover that treatment for 37-year-old Alex Shved.
On Tuesday, the provincial government announced amendments to its health insurance legislation to clarify when it will cover treatments abroad. Under the revised rules, Mr. Shved's treatment will still not qualify.
The province said funding will only be available under certain conditions, including that the drug and its administration are already funded in Ontario, the treatment is performed in Ontario, access is temporarily unavailable, and travelling is necessary to avoid death or medically significant, irreversible tissue damage.
On Wednesday, Mr. Shved said it is “incredibly disappointing” that Ontario has taken this path, rather than helping residents like himself access vital treatments in a timely manner.
“I hoped this court battle would move things in the right direction. I didn’t realize how easily they could change the rules so that the result is still the same,” he said, expressing frustration with Premier Doug Ford and Health Minister Sylvia Jones.
“Over all, I am very disappointed with the end result.”
In a statement, Ontario said it needed to clarify its out-of-country drug funding policy, in place since 2011, because it could expose the province to financial risk. Failing to update the regulation could cost Ontario's drug plan \$5.2-billion yearly and "create a back door for global pharmaceutical companies to avoid negotiating directly with the province to achieve more competitive pricing," it said.
In response to the September court decision, the government said it is “exploring all available options,” including an appeal or seeking a “mutually satisfactory resolution” with Mr. Shved.
The Etobicoke father is desperate to access tumour-infiltrating lymphocyte, or TIL, therapy, which is a treatment for metastatic melanoma that uses the cells of one of his own tumours.
Mr. Shved applied to Ontario's out-of-country program to see whether the province would pay for him to be treated in the United States.
His application was rejected and he was told the program isn't intended to be used as an interim funding route for drugs that could eventually qualify for public coverage.
In August, 2025, Health Canada approved a commercial version of TIL therapy called lifileucel. A single treatment of lifileucel costs US\$515,000, not including the cost of a stay at a U.S. hospital. It is not available in Canada outside of clinical trials because it is still being reviewed for public funding.
Ms. Jones said in a statement that the regulatory change strikes a balance between protecting Ontario taxpayers and providing access to life-saving medications.
She said the change “supports a consistent, fair and transparent approach to funding decisions” and “protects the integrity of Ontario’s world-class drug approval process.”
Decisions about coverage will continue through the established application process.
In the Ontario Superior Court of Justice ruling, justices Jean-Marc Labrosse and Sharon Shore said the province's reasons for denying funding to Mr. Shved were unreasonable and inadequately explained, adding that he will “likely be dead by Christmas” without the requested treatment.
They sent the matter back to the executive officer of the Ontario Public Drug Programs and requested a new decision with an expedited timeline.
A third judge, David Corbett, concurred that the decision should be nullified but disagreed on the approach supported by his colleagues.
He wrote that he would have directed the executive officer to recommend treatment and would have instructed the general manager of the Ontario Health Insurance Plan to expedite a funding decision.

Alex Shved and his wife Agata Zieba applied to Ontario's out-of-country program to see if the province would pay for Mr. Shved to be treated for Stage 4 melanoma in the U.S. The application was denied. GALIT RODAN/THE GLOBE AND MAIL
U.S. TO CHARGE VENEZUELA'S MADURO OVER ALLEGED TORTURE OF AMERICANS, OFFICIAL SAYS
Former Venezuelan president Nicolás Maduro and his wife Cilia Flores are expected to face new criminal charges in the United States over allegations that Americans detained in Venezuela were tortured, a U.S. official said on Wednesday.
The new charges could come as soon as Thursday, according to the official, who was briefed on the investigation.
Mr. Maduro, who led Venezuela for 13 years, and Ms. Flores were captured by the U.S. military from their home in Caracas on Jan. 3 and brought to New York to face drug trafficking charges. They have pleaded not guilty and are scheduled to go on trial starting June 1, 2027.
A spokesperson for the Manhattan U.S. Attorney's office, which brought the charges, declined to comment.
Lawyers for Mr. Maduro and Ms. Flores did not immediately respond to requests for comment.
The possibility of new charges was first reported by CNN on Wednesday.
Details of the new charges, including the identities of the alleged torture victims, were not immediately available.
Mr. Maduro, 63, and Ms. Flores, 69, have been held in a federal jail in Brooklyn.
REUTERS

周三,在以色列南部雷伊姆基布兹(Kibbutz Reim)附近的Nova音乐节现场,罗恩·扎法蒂(Ron Zarfati)的妹妹拉兹·扎法蒂(Raz Zarfati)参加了一场纪念该事件三周年的追思活动。罗恩在2023年10月7, 2023, 由哈马斯领导的对以色列袭击中丧生。OHAD ZWIGENBERG / AP
第三年凸显了该地区惊人的转变,在加沙的报复战争已导致数万人死亡
梅兰妮·利德曼(MELANIE LIDMAN)发自以色列雷伊姆
周三,在三年前音乐节狂欢者被哈马斯领导的武装分子枪杀的田野上,以色列人们相互拥抱,为在那场将中东推入战争的袭击中丧生的人们而哭泣。
以色列人在Nova音乐节现场,以及防空洞、十字路口和2023年10月7, 2023. 被袭击的社区中哀悼。数万人聚集在特拉维夫参加由遇难者家属组织的纪念主仪式,该仪式与政府官方仪式分开举行。
在那一天——该国历史上最致命的一天——武装分子杀害了1,200人,并绑架了251名人质。以色列的报复性攻势导致数万名巴勒斯坦人死亡,摧毁了加沙的大部分地区,并迫使该地两百万居民中的大多数离开家园。
这是所有人质(无论生死)全部返回后的第一个周年纪念日。要求他们返回的标语大多已消失,但在一个仍在应对当天创伤的国家,对死者的提醒无处不在。
对于巴勒斯坦人来说,这个周年纪念日带来了又一天恐惧与苦难。大多数加沙居民住在肮脏的帐篷营地中,城市的很大一部分被炸成了废墟。该领土的一半以上仍掌握在以色列军队手中。尽管近一年前达成了停火协议,但以色列的袭击几乎每天都在继续。
在与真主党武装分子的冲突中,以色列军队占领了黎巴嫩南部的大片地区;真主党于2023年开始向以色列开火以支持哈马斯。伊朗、美国及其盟友陷入了一场在整个地区引发袭击并动摇全球经济的对抗——这场冲突由以色列协助发起,且加沙战争为其铺平了道路,即便这两场冲突并非直接相关。
数百人向在音乐节现场及其周边丧生的350多人表达哀悼。当天的视频显示,武装分子枪杀逃跑的狂欢者,近距离射击伤员,并伏击在防空洞中寻求庇护的人。
周三上午6:29——正是三年前发射第一枚火箭弹的准确时间——幸存者的亲属们相互拥抱,此时附近的加沙传来了爆炸声。
失去了25岁儿子肖恩(Sean)的安雅·达维塔希利(Anya Davitashili)说,她每个周六都会来到这里。在这里她觉得离儿子最近。
“我有一段他在这里跳舞的视频,在早上6:29结束。这段画面一直在我眼前,”她说,“每天早上醒来,就是无尽的思念。”
规模较大的仪式于傍晚在Nova现场和特拉维夫举行,旨在向遇难者以及那些参与救援并因此永远改变生活的人致敬,其中包括在主要法医设施协助鉴定尸体的医生,以及一名在袭击后因无法承受所见惨状而自杀的巴士司机。
“我们将作见证,讲述天空崩塌在我们身上的那一天,”被囚禁在加沙16个月并失去妻子、两个女儿和兄弟的埃利·沙拉比(Eli Sharabi)说道。
37岁的埃尔卡纳·博博特(Elkana Bohbot)在被囚禁738天获释后,首次在以色列度过这个周年纪念日。他说,在那段时间的大部分时间里,他被关在地下一个阴暗潮湿的隧道中。
博博特先生在音乐节被绑架,他表示,自己曾与其他人质被关在一个狭小的牢房里,食物极少,且每隔几周才被允许洗一次澡。绑架者强迫他参与拍摄宣传视频,其中一段视频中,他被迫演了一场给家人的虚假通话。
在获释的一年里,博博特先生接受了身体和心理的康复治疗。今年8月,他的妻子里夫卡(Rivka)产下一女,实现了他在地道中对自己许下的承诺——给五岁的儿子里姆(Reem)找个伴。
博博特先生告诉美联社(Associated Press),新生儿米歇尔(Michele)“不是我族人的象征,她更多是敌人的象征”。“这个孩子向你们传递的信息是:我们曾在这里,而且我们将永远在这里。”
预计周三在加沙不会举行活动,但哈马斯在的一份声明中为其10月7日的致命袭击辩护,称此次袭击让巴勒斯坦事业重新引起了世界的关注。
声明称:“与敌人的冲突并非始于那一天,[且]其最终章节尚未写就。”
该地区的巴勒斯坦人表示,过去三年里他们所遭受的苦难此前是无法想象的。
“我们见证了此前从未经历过的死亡、破坏和轰炸,”加沙城居民瓦利德·阿克拉姆(Walid Akram)说道,他与加沙大多数人一样,在战争中流离失所。
拉埃德·科泽伊克(Raed Khozeiq)位于特尔哈瓦(Tel al-Hawa)的沿海社区基本被夷为平地。他说,他现在的生活没有任何一样是原来的样子。
“世界上没有哪个国家经历过我们在这里所经历的一切,”他说,“一场灭绝战、饥荒,学校和大学的缺失——什么都没剩下。”
根据该地区卫生部的统计,加沙已有超过74,000名巴勒斯坦人被杀。该部门在数据中未区分平民与武装人员,但称其中约一半是妇女和儿童。
该卫生部隶属于哈马斯领导的政府,其数据被联合国机构和独立专家认为总体可靠。
虽然2025年10月10日生效的停火协议停止了最激烈的战斗,但以色列的袭击仍在继续,目标是以色列所称的哈马斯武装分子。
根据卫生部的数据,停火以来,加沙已有1,460名巴勒斯坦人被杀。在此期间,五名以色列士兵在袭击中丧生。粮食安全专家表示,对货物和援助进入的限制加剧了饥饿危机。
本月月底的一场充满争议的选举笼罩在以色列今年的周年纪念日之上。选民们在总理本雅明·内塔尼亚胡(Benjamin Netanyahu)的领导能力、他在袭击期间安全失职中所扮演的角色,以及他拒绝就此启动正式调查的问题上存在严重分歧。
这次袭击引发了一系列连锁反应,导致中东地区陷入战争,因为以色列在与哈马斯、真主党及其支持者伊朗对抗。以色列已占领叙利亚和黎巴嫩的大片领土,目前仍有超过300,000名黎巴嫩人流离失所。
美国与以色列一起,分两轮攻击了伊朗的军事和核计划,重创伊朗并颠覆了远离战场的全球市场。
在以色列占领的约旦河西岸,暴力事件也有所增加。以色列极右翼政府加强了对巴勒斯坦人的限制,同时鼓励极端定居者袭击巴勒斯坦人并破坏其财产。
美联社(ASSOCIATED PRESS)
《环球邮报》呈献
技术领导者AI战略网络研讨会系列

Raz Zarfati, the sister of Ron Zarfati, who was killed in the Oct. 7, 2023, Hamas-led attack on Israel, attends a memorial marking the third anniversary of the event at the Nova music festival site near Kibbutz Reim in southern Israel on Wednesday. OHAD ZWIGENBERG/AP
Third year highlights startling transformation in region, where retaliatory war in Gaza has left tens of thousands dead
MELANIE LIDMAN REIM, ISRAEL
On a field where music festival revellers were gunned down by Hamas-led militants three years ago, Israelis on Wednesday embraced and wept for those lost in an attack that plunged the Middle East into war.
Israelis mourned at the site of the Nova Music Festival, as well as at bomb shelters, intersections and in communities targeted on Oct. 7, 2023. Tens of thousands gathered in Tel Aviv for the main ceremony organized by bereaved families, separate from the official government ceremonies.
On that day – the deadliest in the country's history – militants killed 1,200 people and took 251 hostage. Israel's retaliatory offensive killed tens of thousands of Palestinians, destroyed much of Gaza and drove most of its two million residents from their homes.
This is the first anniversary since all the hostages, living and dead, were returned. Signs calling for their return are mostly gone, but reminders of those who were killed are ubiquitous in a country still reckoning with the trauma of that day.
For Palestinians, the anniversary brings another day of fear and misery. Most Gaza residents live in squalid tent camps, with large parts of cities bombed to rubble. More than half the territory remains in the hands of the Israeli military. Despite a ceasefire deal reached nearly a year ago, Israeli strikes continue almost daily.
Israeli troops occupy a large chunk of southern Lebanon in their conflict with Hezbollah militants, who began firing on Israel in 2023 in support of Hamas. Iran, the United States and their allies are locked in a confrontation that has seen attacks across the region and has shaken the global economy – a conflict that Israel helped launch and that the war in Gaza paved the way for, even if the two conflicts weren't directly connected.
Hundreds of people paid their respects to the more than 350 people killed in and around the festival site. Videos from that day showed militants gunning down fleeing revellers, shooting the wounded at point-blank range and ambushing those seeking refuge in bomb shelters.
On Wednesday, survivors' relatives hugged at 6:29 a.m. – the exact time the first rockets were launched three years ago – as explosions boomed in nearby Gaza.
Anya Davitashili, who lost her 25-year-old son, Sean, said she visits the site every Saturday. It's where she feels closest to him.
“I have a video of him dancing here that ends at 6:29 in the morning. It’s in front of my eyes all the time,” she said. “Every morning, you wake up, and there is just endless missing.”
Larger ceremonies took place in the evening at the Nova site and in Tel Aviv, which paid tribute to both the people who were killed as well as those who responded and were forever changed, including doctors who helped identify bodies at the main forensics facility and a bus driver who took his own life after the attack, overcome by the devastation he had seen.
“We will bear witness and tell the story of the day the sky fell upon us,” said Eli Sharabi, who was held captive in Gaza for 16 months and lost his wife, two daughters, and brothers.
Elkana Bohbot, 37, is marking the anniversary in Israel for the first time since his release after 738 days of captivity. For most of that time, he said, he was held underground in a dark, damp tunnel.
Mr. Bohbot, who was abducted from the festival, was kept in a small cell with other hostages, given little food and allowed to bathe only every few weeks, he said. His captors forced him to take part in propaganda videos, including one where he acted out a fake call to his family.
In the year since his release, Mr. Bohbot has undergone physical and emotional rehabilitation. In August, his wife, Rivka, gave birth to a daughter, fulfilling his promise to himself in the tunnels to give his five-year-old son, Reem, a sibling.
The newborn Michele is “not a symbol for my people, she is more of a symbol for the enemy,” Mr. Bohbot told the Associated Press. “This child is the message for you that we were here and we will always be here forever.”
No events are expected Wednesday in Gaza, but Hamas in a statement defended their deadly Oct. 7 attack, saying it had returned the Palestinian cause to the world's attention.
"The conflict with the enemy did not begin on that day, [and] its final chapters are not written yet," it said.
Palestinians in the territory said their suffering over the past three years had previously been unimaginable.
"We witnessed death, destruction and bombardment that we had never known before," said Walid Akram, a Gaza City resident who, like most in Gaza, has been displaced by the war.
Raed Khozeiq's coastal neighbourhood in Tel al-Hawa was largely flattened. Nothing about his life now is the same, he said.
“No country in the world has gone through what we have experienced here,” he said. “A war of extermination, starvation, the absence of schools and universities – nothing remains.”
More than 74,000 Palestinians have been killed in Gaza, according to the territory's Health Ministry, which does not distinguish between civilians and militants in its figures but says around half were women and children.
The numbers from the ministry, part of the Hamas-run government, are seen as generally reliable by UN agencies and independent experts.
While a ceasefire that took effect Oct. 10, 2025, halted the heaviest fighting, Israeli strikes have continued, targeting what Israel says are Hamas militants.
Since the ceasefire, 1,460 Palestinians have been killed in Gaza, according to the ministry. Five Israeli soldiers have been killed in attacks in that period. Restrictions on the entry of goods and aid have contributed to a hunger crisis, food-security experts say.
A contentious election at the end of the month hangs over this year's anniversary in Israel. Voters are bitterly divided over Prime Minister Benjamin Netanyahu's leadership, his role in the security failures surrounding the attack and his refusal to launch an official inquiry into them.
The attack set in motion a cascade of events that led to wars across the Middle East as Israel confronted Hamas, Hezbollah and their backer, Iran. Israel has seized swaths of territory in Syria and Lebanon, where more than 300,000 Lebanese remain displaced.
The United States joined Israel in attacking Iran's military and nuclear program in two rounds, battering Iran and upending global markets far from the battlefield.
Violence has also risen across the Israeli-occupied West Bank, where Israel's far-right government has heightened restrictions on Palestinians while emboldening extremist settlers who have attacked them and destroyed their property.
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来自 A1

周三,司法部长肖恩·弗雷泽与卫生部长马乔里·米歇尔在众议院门厅就联邦政府的医疗辅助死亡法律向媒体发表讲话。JUSTIN TANG / THE CANADIAN PRESS
政府在法案提交之前很久就提供即将出台立法的概述是不寻常的。弗雷泽先生没有给出法案提交的具体日期。
但自由党在精神疾病医疗辅助死亡(MAID)的决策上面临双重压力:首先,禁止该群体获得此类服务的法律将于2027年3月17日到期。其次,一项关于精神疾病医疗辅助死亡的保守党议员私人法案正准备在众议院进行投票,弗雷泽先生表示,政府认为在投票前宣布其立场至关重要。
国会议员塔玛拉·詹森(Tamara Jansen)的法案建议修改《刑法》,禁止精神障碍患者获得医疗辅助死亡,这在功能上与政府将采取的方法相同。
弗雷泽先生表示,政府反对詹森女士的法案是由于其术语问题,而禁止精神疾病患者获得医疗辅助死亡的更广泛决定,则反映了对心理健康服务获取不足的担忧。
今年早些时候,一个研究精神健康医疗辅助死亡的众议院和参议院联合委员会也建议不要扩大该制度。
保守党议员表示,看到自由党将一个已达成共识的问题与预先请求措施捆绑在一起令人沮丧,而预先请求在议会中尚未得到如此广泛的研究。
保守党议员安德鲁·劳顿(Andrew Lawton)表示,由于心理健康条款必须在3月17日前通过,这意味着整个法案必须在那之前通过,而预先请求问题则具有更大的分歧。
“自由党正在用人们的生命玩政治游戏,”劳顿先生说。
周三,弗雷泽先生被问及是否会考虑将法案拆分,但他似乎并不接受这个想法。
“虽然协作并听取不同政党的观点是好事,但民主并不要求一致,”他说。
魁北克省自2024年10月起,已允许患有导致丧失能力的严重且不可治愈疾病(如阿尔茨海默病)的患者提交预先指示。联邦政府没有挑战魁北克省,但也没有修改《刑法》以体现预先请求。
目前尚不清楚此后执行了多少次涉及预先请求的医疗辅助死亡程序。预先请求允许患者在不再具有同意能力之前,正式表达其意愿。
从2024年11月到2025年2月,渥太华就该问题举行了全国磋商,结果发现大多数加拿大人大致支持这一想法。
即将出台的联邦立法将修改《刑法》,以便如果各省选择允许预先请求,医疗从业者在执行这些请求时不会被指控犯罪。
弗雷泽先生表示,在法案提交时,关于预先请求系统的更多细节将会公布,但是否允许预先请求仍由各省决定。
他表示,他预计这将促使省级层面就是否允许该机制展开讨论。
长期倡导预先请求的独立参议员帕梅拉·沃林(Pamela Wallin)表示,她很高兴看到政府宣布在该领域的计划。
她表示,这意味着患有“阿尔茨海默病和痴呆症等疾病的患者终于将拥有提交预先请求的权利,并有机会获得尊严的离世和生命的终结”。
但沃林女士不同意扩大精神疾病患者获得医疗辅助死亡的权限,她认为该问题远未解决。
“我认为这个问题将在法院中得到解决,因为其中的根本问题是,你是否能排除某些群体,使其无法享有与其他加拿大人相同的权利?”她说道。“这将是一个较为缓慢的过程,但我认为最终会实现。”
加拿大目前的医疗辅助死亡(MAID)制度是一系列连锁法院裁决的产物。
最高法院在“卡特诉加拿大案”(Carter v. Canada)中的裁决,使得医疗辅助死亡于2016年6月首次在加拿大合法化,适用于那些被认为死亡“可合理预见”的加拿大人。
2021年,在魁北克法院的一项裁决允许患有不治之症的患者寻求结束生命后,法律得到了更新。当时,相关部门认定,如果唯一的潜在医疗状况是精神疾病,则不能立即获得申请资格。
政府设置了两年的暂停期,以便有更多时间研究该领域医疗辅助死亡的实施情况。此后,渥太华方面已两次推迟实施。
FROM A1

Justice Minister Sean Fraser speaks to media alongside Health Minister Marjorie Michel about the federal government's medical assistance in dying laws in the foyer of the House of Commons on Wednesday. JUSTIN TANG/THE CANADIAN PRESS
It is unusual for governments to provide overviews of coming legislation well before a bill has been tabled. Mr. Fraser gave no date for when the bill will land.
But the Liberals were under pressure to make a decision on MAID for mental illness on two fronts: The law that bars access to that cohort expires on March 17, 2027. Secondly, a Conservative private member's bill on MAID for mental illness was up for a vote in the House of Commons, and Mr. Fraser said the government felt it important to declare its position in advance of that vote.
MP Tamara Jansen's bill proposed amending the Criminal Code to bar those with mental disorders from accessing MAID, functionally the same approach the government will take.
Mr. Fraser said the government's opposition to Ms. Jansen's bill related to its terminology, and the broader decision to bar access to MAID for mental illness reflects concerns over inadequate access to mental-health services.
Earlier this year, a joint House of Commons and Senate committee studying MAID for mental health had also recommended that the system not be expanded.
Conservative MPs said it was frustrating to see the Liberals take an issue that has consensus and tie it with measures on advance requests, which have not been as extensively studied in Parliament.
Because the mental-health provisions must pass by March 17, that means the whole bill must pass by then, and the issue of advance requests is far more divisive, said Conservative MP Andrew Lawton.
"The Liberals are playing politics with people's lives," Mr. Lawton said.
Mr. Fraser was asked Wednesday whether he would consider splitting the bill but did not appear open to that idea.
“Although it’s nice to collaborate and take the perspectives of different parties, democracy doesn’t demand unanimity,” he said.
Quebec has allowed for advance directives since October, 2024 for patients with serious, incurable illnesses that lead to incapacity, such as Alzheimer's. The federal government has not challenged Quebec but has also not amended the Criminal Code to reflect advance requests.
It is unclear how many MAID procedures involving advance requests have been performed since then. The requests allow for patients to formalize their wishes ahead of when they no longer have the capacity to consent.
From November, 2024 to February, 2025, Ottawa held national consultations on the issue, which found that the majority of Canadians were broadly support-
ive of the idea.
The coming federal legislation would amend the Criminal Code so that if provinces choose to allow advance requests, medical practitioners wouldn't be charged with a crime for carrying them out.
Mr. Fraser said there would be more details on the advance request system when the bill is tabled but it would still be up to the provinces to decide whether to allow advance requests.
He said he expects this to spur a conversation at the provincial level on whether they will.
Pamela Wallin, an Independent senator who has long advocated for advance requests, said she is pleased to see the government announce its plans in this
area.
She said it means patients with “diseases like Alzheimer’s and dementia will have finally the right to make an advance request and to have some chance at a dignified departure and end to their life.”
But Ms. Wallin, who disagrees with expanding access to MAID for mental illness, said she thinks that issue is far from settled.
“I do think that will be dealt with in the courts because the fundamental question there is, can you exclude some groups from having the same rights as other Canadians?” she said. “It’ll be a slower process, and I think it eventually will come.”
Canada's current MAID regime is the product of a cascading series of court decisions.
The Supreme Court decision in Carter v. Canada led to MAID first becoming legal in June, 2016 for Canadians whose deaths were deemed “reasonably foreseeable.”
In 2021, the law was updated after a Quebec court decision allowed patients with incurable conditions to seek to end their lives. At that time, it was determined that people whose sole underlying medical condition is mental illness would not be immediately eligible.
The government placed a two-year pause to allow more time to study the delivery of MAID in this area. Since then, Ottawa has twice delayed implementation.
来自 A1
联邦政府将保留底层土地和资产的所有权,这种结构在欧洲和澳大利亚很常见。
两名消息人士表示,原住民投资者预计将持有 YVR 最高 20% 的少数股权,而多数控制权将出售给在运营此类复杂设施方面具有经验的机构投资者。该角色的领先候选者是大型国内养老金计划,例如公共部门养老金投资委员会(Public Sector Pension Investment Board,简称 PSP Investments),该公司已经在欧洲和波多黎各运营机场。
联邦政府及其顾问希望原住民投资 和其他机场,将其作为促进和解战略的一部分,并解决人们对运营私有化意味着将控制权交给无形的资产管理公司或外国机场运营商的担忧。
据四名消息人士称,政府的机场私有化进程处于早期阶段,投资的时间和结构可能会发生变化。
两名消息人士表示,正在听取 股权推介的原住民投资者包括马斯奎姆第一民族(Musqueam First Nation)。该机场位于温哥华郊区的列治文(Richmond),地处马斯奎姆人的未割让领土上。
去年,该第一民族与联邦政府就该国第二繁忙的机场 达成了一项收入分成协议。
周三,马斯奎姆首席行政官罗宾·麦克维克(Robyn McVicker)表示,该第一民族希望在 MAID 的未来中发挥作用。
“在总理于加拿大投资峰会上宣布之后,马斯奎姆向政府表示,任何关于 未来的讨论和计划必须包括马斯奎姆印第安带(Musqueam Indian Band)的有意义参与,”麦克维克女士在电子邮件中写道。她表示:“目前讨论任何谈判还为时过早。”
据其中一名消息人士透露,渥太华的顾问还联系了 MST 发展公司(MST Development Corp.),这是一家总部位于温哥华的房地产公司,由三个第一民族——马斯奎姆、斯夸米什(Squamish)和特莱尔-沃图斯(Tsleil-Waututh)——支持。
MST 拥有价值 $3-billion 的物业组合。首席执行官大卫·内格林(David Negrin)在过去两年中参加了两次为卡尼先生举办的筹款活动。MST 未回应置评请求。
总理还表示,加拿大打算在整个过程中借鉴其他国家的经验——并向已经拥有机场的养老基金及其他机构学习。
周三,交通部发言人玛丽-朱斯蒂娜·托雷斯(Marie-Justine Torres)表示,政府正在制定计划,旨在“与原住民团体合作”将私人投资引入机场。
“未来还有更重要的步骤,具体细节将在未来几个月与机场管理当局合作制定,”托雷斯女士说。
加拿大的机场由非营利公司运营,这些公司向政府支付租金,并通过向包括乘客、航空公司、餐厅和商店在内的用户收取一系列费用来资助运营。
发言人斯蒂芬·斯马特(Stephen Smart)在电子邮件中表示,“鉴于我们独特的关系, MAID 将继续与加拿大政府以及马斯奎姆方面保持接触。”
在 9 月的加拿大投资峰会上,卡尼先生将签署机场运营合同作为他向许多全球最大资产管理公司推介的核心部分。
“作为政府,我们将能够通过这一过程获得数百亿加元的收益,”卡尼先生当时表示。
总理还表示,加拿大打算在整个过程中借鉴其他国家的经验——并向已经拥有机场的养老基金及其他机构学习。
在卡尼先生宣布之后,交通部长史蒂文·麦金农(Steven MacKinnon)表示,政府将在私有化后对机场票价和费用进行部分监管。他并未排除旅客成本上升的可能性。
国际航空运输协会的一位高管上个月告诉《环球邮报》,各大航空公司反对该计划,并警告称这将推高航空公司支付的费用,而航空公司将被迫将这些增加的成本转嫁给旅客。
周三,卡尔加里大学经济系的一份报告指出,政府在邀请机构投资者报价之前,需要先制定机场运营规则。
该报告作者、经济学家艾丹·霍利斯(Aidan Hollis)认为,该国最大的四个机场可能价值 $12-billion 至 $29-billion。他在报告中表示:“这个范围并非关于机场的事实,而是一场关于它们将如何被监管的赌注。”
霍利斯博士表示,实施有利于乘客的监管措施“将决定用户的支付金额以及机场的价值”。
加拿大的机场管理局长期以来一直敦促联邦政府将从机场收取的租金进行再投资。自 20 世纪 90 年代以来,机场向政府支付的租金累计总额达 $8.4-billion,其中 2025, 支付了 $556-million,而与此同时,机场在基础设施和改进方面投入了超过 $30-billion。
FROM A1
The federal government will retain ownership of the underlying land and assets, a structure that is common in Europe and Australia.
Indigenous investors are expected to take a minority stake of up to 20 per cent in YVR, two of the sources said, with majority control sold to institutional investors experienced in operating these complex facilities. Leading candidates for this role are large domestic pension plans such as the Public Sector Pension Investment Board, known as PSP Investments, which already operates airports in Europe and Puerto Rico.
The federal government and its advisers want Indigenous investment in YVR and other airports as part of a strategy to promote reconciliation and address concerns that privatizing operations will mean handing control to faceless asset managers, or foreign airport operators.
The government's airport privatization process is in its early stages, and the timing and structure of investments could change, according to the four sources.
Indigenous investors listening to pitches for stakes in YVR include the Musqueam First Nation, two of the sources said. The airport, located in the Vancouver suburb of Richmond, is on the Musqueam's unceded territory.
Last year, the First Nation struck a revenue-sharing agreement with the federal government on YVR, the country's second-busiest airport.
On Wednesday, Musqueam chief administrative officer Robyn McVicker said the First Nation wants a role in YVR's future.
“Following the Prime Minister’s announcement at the Canada Investment Summit, Musqueam indicated to government that any discussion and plans about the future of YVR must include meaningful participation by Musqueam Indian Band,” said Ms. McVicker in an e-mail. She said: “At this time, it would be premature to discuss any negotiations.”
Ottawa's advisers have also reached out to MST Development Corp., a Vancouver-based real estate company backed by three First Nations – the Musqueam, Squamish and Tsleil-Waututh, – according to one of the sources.
MST owns a \$3-billion property portfolio. CEO David Negrin has attended two fundraisers for Mr. Carney over the past two years. MST did not respond to a request for comment.
The Prime Minister also said Canada intends to draw on the experience
of other countries throughout the process – and learn from the pension funds and others who already own airports.
On Wednesday, Ministry of Transport spokesperson Marie-Justine Torres said the government is working on plans to bring private investment into airports “in partnership with Indigenous groups.”
"There are more important steps ahead, and details will be developed in the coming months working with the airport authorities," Ms. Torres said.
Canada's airports are run by non-profit companies that pay rent to the government and fund operations through a host of fees charged to users, including passengers, airlines, restaurants and shops.
YVR spokesperson Stephen Smart said in an e-mail that “YVR will continue to engage with the Government of Canada, as well as with Musqueam, given our unique relationship.”
At the Canada Investment Summit in September, Mr. Carney made signing operational contracts for airports a key part of his pitch to many of the world's largest asset managers.
“We, as a government, will be able to get tens of billions of dollars of proceeds from this process,” Mr. Carney said at the time.
The Prime Minister also said Canada intends to draw on the experience of other countries throughout the process – and learn from the pension funds and others who already own airports.
After Mr. Carney's announcement, Transport Minister Steven MacKinnon said the government would partially regulate airport fares and fees after privatization. He did not rule out costs rising for travellers.
An executive at the International Air Transport Association told The Globe last month that major airlines oppose the plan, warning it would drive up fees paid by the airlines, which would be forced to pass on the higher costs to travellers.
On Wednesday, a report from the University of Calgary's economics department said the government needs to set the rules on airport operations before inviting offers from institutional investors.
The country's four largest airports could fetch between \$12-billion and \$29-billion, according to the report's author, economist Aidan Hollis. In the report, he said: "That range is not a fact about airports, it is a bet on how they will be regulated."
Putting passenger-friendly regulations in place “will determine both what users pay and what the airports are worth,” Dr. Hollis said.
Canada’s airport authorities have long pushed for the federal government to reinvest the rent it receives from airports. Since the 1990s, the airports have paid a cumulative total of \$8.4-billion in rent to the government, including \$556-million in 2025, while spending more than \$30-billion in infrastructure and improvements.

周二,在温哥华,作者史蒂文·加洛韦在诽谤诉讼的午休期间离开不列颠哥伦比亚省最高法院时,被拍到出现在窗户后面。DARRYL DYCK / THE CANADIAN PRESS
接 A1 页
她指控他掐住她的脖子,强吻她,并在她试图逃跑时将她推到船头床铺上。她说她后来设法离开了船只。
该女性指控他说:“看,没那么糟糕。”
加洛韦先生表示这一事件是捏造的。
“这从未发生过,2011年3月的任何一天我们都没有去过那艘船,”他作证道。“很难知道如何反驳,因为整个故事纯属虚构,没有事实可以争论。”
他告诉法庭,如果他将该女性扔进卧铺的小开口中,他会让她受重伤。
他还作证称,在他们随后的私情期间,由于她丈夫的一位暴力亲戚要住在他们家,她请求留在他的船上。
“一个人在举报时认为自己会被谋杀并被扔进海里,却在随后的几年里将这艘船描述为安全空间,这是不可思议的,”他说。
在第二起事件中,法庭获悉 A.B. 表示,她在创意写作项目的一次派对上喝醉了加洛韦先生购买的龙舌兰酒。随后他提出开车送她回家,但首先说他想回办公室换掉派对服装。
法庭还获悉,A.B. 告诉被英属哥伦比亚大学(UBC)聘请调查此事的退休法官玛丽·艾伦·博伊德(Mary Ellen Boyd),她记得他跨坐在她身上且生殖器外露,在她表示反对后,他才退后。
加洛韦先生作证称,他不认为自己提出过开车送她回家,因为他们居住的方向相反,但他确实记得回到了办公室,并在那里与她发生了“双方完全同意”的性行为。
在第三起事件中,A.B. 指控在2011年5月作者米里亚姆·托斯(Miriam Toews)在校园举行预定朗诵会之前,她发现自己赤裸着蜷缩在加洛韦先生办公室的地板上。她告诉博伊德女士,他与她发生了性关系,并正在电脑上观看一场曲棍球比赛。
但加洛韦先生作证称他当时不在房间里,且法庭出示的短信显示,当时他正在校园的一家酒吧观看比赛。
法庭获悉,博伊德女士认定加洛韦先生对 A.B. 构成了性骚扰,因为两人之间存在权力差距,且 A.B. 认为创意写作项目中的机会与他们的性关系挂钩。
但加洛韦先生作证称,他是在2013年两人关系结束后才成为项目负责人的,且他们之间的任何权力失衡都“极其轻微”。
他说,在与博伊德女士长达10小时的访谈中,只有大约10分钟花在了性骚扰指控上。他说他的主要重点是反驳性侵指控。

Author Steven Galloway is seen through a window as he leaves B.C. Supreme Court during a lunch break at his defamation lawsuit, in Vancouver, on Tuesday. DARRYL DYCK/THE CANADIAN PRESS
FROM A1
She alleged he grabbed her by the throat, kissed her and threw her up against the bed in the bow when she tried to escape. She said she later managed to leave the vessel.
The woman alleged he said to her: "See, that wasn't so bad."
Mr. Galloway said this incident was a fabrication.
“That never happened, there was never a day in March of 2011 that we went to that boat,” he testified. “It’s hard to know how to dismantle it because the entire story is just fictional there aren’t facts to dispute.”
He told the court that if he had thrown the woman through the small opening to the berth, he would have injured her badly.
He also testified that later in their affair she asked him to stay on his boat because her husband's violent relative was coming to stay at their house.
"It's inconceivable that a person who reported thinking she was going to be murdered and thrown overboard would speak of the boat in subsequent years as a safe space," he said.
In the second incident, the court heard that A.B. said she got drunk on tequila shots bought by
Mr. Galloway at a creative writing program party. He then offered her a ride home but first said he wanted to go to his office to change out of his party clothes.
The court also heard A.B. told Mary Ellen Boyd, the retired judge hired by UBC to look into the matter, that she remembers him straddling over her with his penis exposed and after she objected, he backed off.
Mr. Galloway testified that he didn't think he offered to drive her home as they lived in opposite directions, but he did recall going back to his office where they had sex “with full consent from both parties.”
In a third incident, A.B. alleged that prior to a scheduled reading on campus by the author Miriam Toews in May, 2011, she found herself naked and hunched on the floor in Mr. Galloway's office. He had had sex with her and was watching a hockey game on his computer, she told Ms. Boyd.
But Mr. Galloway testified he was not in the room and text messages shown in court indicated that at that time he was watching the game at a campus pub.
Court heard Ms. Boyd found Mr. Galloway had sexually harassed A.B. because of the power differential between the two of them and A.B.'s belief that opportunities in the creative writing program were tied to their sexual relationship.
But Mr. Galloway testified he became program chair after their relationship ended in 2013 and that any power imbalance between them was “extremely minor.”
He said that during his 10-hour interview with Ms. Boyd, only about 10 minutes was spent on the sexual harassment allegation. He said his main focus was refuting the sexual assault allegations.

来自 A1
今年3月,总理马克·卡尼承诺向安大略省的“住房相关基础设施”投入 44 亿加元;6月,政府承诺在 10 年内为英属哥伦比亚省的此类项目投入 16 亿加元。
但专家建议,其中部分支出可以得到更好的利用,或者完全避免。
这是因为政府很少问一个根本性问题:我们的闲置能力在哪里?许多城市社区的水系统、道路、公园和学校在建设之初所承载的人口规模比现在更大。
随着新房屋在低陆平原(Lower Mainland)以及大多伦多和汉密尔顿地区(Greater Toronto and Hamilton Area)不断建成,随着公寓大楼使曾经荒凉的工业区人口激增,每个城市都维持着一个由社区组成的“群岛”,而这些社区中的邻里关系正变得日益稀少。
《环球邮报》对比了多伦多和温哥华在 1971 和 2021 年的人口普查数据,分析了“传播区”(dissemination areas)的人口——每个传播区涵盖几个街区,通常居住约 500 人。
在温哥华地区,21% 的此类区域在过去 50 年中人口有所下降,总共减少了 76,424 人。许多其他区域则未能跟上该地区的快速增长。
在多伦多地区,这种模式更为显著:到 2021 年,近四分之三的既有区域人口有所下降,总共减少了 540,789 人。
这种模式在街景中很难被察觉;这些繁荣的城市通常没有破败的空楼或空地。但人口下降微妙地体现在空置的公立学校教室、人流量的减少以及社区零售店的关闭中。
增长与萎缩的历史是由人口变化和特定的
每公顷人口变化,1971-2021 城市规划政策共同塑造的。但并非一切都已成定局:专家表示,这些地方仍可接纳更多居民,且成本通常低于建设全新的社区。
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FROM A1
In March, Prime Minister Mark Carney pledged \$4.4-billion to “housing-related infrastructure” in Ontario, and in June, the government pledged \$1.6-billion over 10 years for such projects in British Columbia.
But experts suggest some of this spending could be put to better use, or avoided entirely.
That is because governments rarely ask a fundamental question: Where do we have unused capacity? Many urban neighbourhoods have water systems, roads, parks and schools that were built for larger populations than today's.
As new houses have been built across the Lower Mainland and the Greater Toronto and Hamilton Area, as apartment towers have swelled the populations of formerly desolate industrial districts, each city has maintained an archipelago of neighbourhoods where neighbours have become increasingly scarce.
The Globe compared figures from the 1971 and 2021 censuses for both Toronto and Vancouver, examining the population of “dissemination areas” – each one an area of a few blocks, typically home to about 500 people.
In the Vancouver region, 21 per cent of those areas declined in population over those 50 years, losing 76,424 people in total. Many other areas failed to keep up with the quick growth of the region.
In the Toronto region, the pattern is much more stark: Almost three-quarters of those established areas had declined by 2021, shedding a total of 540,789 people.
This pattern is hard to discern on the streetscape; these prosperous cities generally do not have crumbling, empty buildings or vacant lots. But the declines are subtly reflected in empty public-school classrooms, a lack of foot traffic and the closing of neighbourhood retailers.
The history of growth and shrinkage is shaped by a combination of demographic changes and specific
Change in population per hectare, 1971-2021 urban planning policies. But nothing is set in stone: Experts say these places could yet absorb more residents, often at a lower cost than building entirely new communities.
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几项人口趋势共同导致了“萎缩城市”的模式。如今的加拿大人寿命更长,生育子女更少,且占据的居住面积比前几代人更多。
罗兰·海布勒(Roland Haebler)就是一个典型的例子。他是一名总承包商,在温哥华西区长大。他和妻子在凯里斯代尔(Kerrisdale)的一栋 3,400 平方英尺的房子里抚养了两个儿子;现在儿子们搬走后,他们依然住在那里,不过儿子的狗赫希(Hershy)经常在屋里出没。
“我们现在住的空间和两个儿子还走路上学时是一样的,”65 岁的海布勒先生说。他们在疫情期间的项目是将马车房改造成音乐工作室。“现在我们有一个空卧室,我把书房从地下室搬到了另一个卧室里。”
研究人口下降的皇后大学地理学家麦克斯韦·哈特(Maxwell Hartt)教授表示,这个故事非常典型。在多伦多和温哥华的萎缩区域,“并没有很多空置房屋,”他说,“而是同样数量的住所里住的人变少了。”
加拿大人生育的子女在减少。年轻父母经常选择从城市搬到郊区。而老年人的寿命在过去四十年里从平均约 75 岁增加到 82 岁,他们大多出于选择或无奈而留在原处。
COVID-19 疫情促使数千人迁出大城市,尤其是多伦多及其相邻社区。然而,直到 2025 年,这一模式都被高水平的国际移民所抵消;在过去十年中,除了去年以外,多伦多和温哥华的大都会区每年都在持续增长。


《环球邮报》,来源:加拿大统计局
“我相信有很多退休人员愿意搬到规模较小的住所,”哈特博士说,“但在他们的社区附近没有可以搬进去的公寓或单元房。”
海布勒先生惊讶地发现,他所在社区的大多数街区人口都在减少。他的一些邻居将地块分割,为新公寓腾出空间,这些公寓通常是给他们的子女住的。“现在每个人都建了巷道套房,每个人都有地下室套房,”他评论道。
“在以前只住一代人的房子里,现在住着好几代人。”
规划者将这种社区的小规模扩建称为“温和密度”,这并不让海布勒先生困扰。但这些建筑项目在数量上少于相反方向的变化。空巢老人数量更多;家庭规模通常更小;而且一些出租房或公寓正被改造成单户住宅。要扭转凯里斯代尔目前的趋势,需要巨大的、可见的改变,即在更广泛的区域内允许建设中层甚至高层建筑。
“在本拿比(Burnaby),到处都在建高层建筑,”海布勒先生沉思道。如果凯里斯代尔也允许建设此类大型建筑,“我想我不会太喜欢。”
海布勒先生没有兴趣将房子卖给开发商,也不支持在他所在的街区建设更大的建筑。
这种态度很普遍。虽然新建筑会产生政治摩擦,但当现有建筑的人数减少时,没有人真正注意到。
后一种趋势在温哥华很常见,但在多伦多更为显著。在旧多伦多市的一个大区域——沿巴瑟斯特街(Bathurst Street)向西延伸至高公园(High Park),向北延伸至埃格林顿大道(Eglinton Avenue)——人口下降幅度高达 40%。
在19世纪,这里的房屋居住着规模较大的家庭,房东招租的情况十分普遍。随着第二次世界大战后大量移民的到来,拥挤程度进一步增加:其中包括意大利人、葡萄牙人、波兰人和乌克兰人,他们分别在城市的西侧定居,随后在许多情况下成为了房主,且通常养育着庞大的家庭。
随着这些后来的群体变得更加富裕且地位稳固,他们大多搬到了多伦多大都会区及其以外的新郊区。靠近市中心的侧街上依然保留着两层和三层的房屋,但这些房屋逐渐变得空旷。
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Several demographic trends contribute to the pattern of the shrinking city. Canadians today are living longer, having fewer children and occupying more square footage than previous generations.
Roland Haebler is a case in point. A general contractor, he was raised on the west side of Vancouver. He and his wife raised their two sons in a 3,400-square-foot house in Kerrisdale; they remain there as empty nesters, though their son's dog Hershy is often around the house.
“We live in the same space as when we had two boys who walked to school,” said Mr. Haebler, 65. Their pandemic project was to convert their coach house into a music studio. “And now we have a spare bedroom, and I’ve moved my study from the basement into one of the other bedrooms.”
Professor Maxwell Hartt, a geographer at Queen's University who studies population decline, says that this story is quite typical. In the shrinking zones of Toronto and Vancouver, “there aren’t a lot of vacant homes,” he said. “It is fewer people in the same amount of places.”
Canadians are having fewer children. Young parents often choose to move from cities to suburbs. And seniors – whose lifespan has increased from an average of about 75 to 82 in the past four decades – are largely remaining in place, by choice or by necessity.
The COVID-19 pandemic prompted thousands of people to migrate out of large cities, particularly Toronto and its adjacent communities. However, that pattern was outweighed until 2025 by high levels of international migration; both the Toronto and Vancouver metro areas have continued to grow in each year of the past decade except for last year.


THE GLOBE AND MAIL, SOURCE: STATISTICS CANADA
"There are, I'm sure, many retired people who would be happy to move down," Dr. Hartt said, "but there isn't a condo or an apartment nearby to move into in their community."
Mr. Haebler was surprised to learn that most blocks in his neighbourhood have lost people. Some of his neighbours have divided up their lots to make room for new apartments, often for their children. "Everybody's got a laneway suite now, and everybody's got a basement suite," he remarked.
"There's multiple generations living in homes where there was only one before."
Such small-scale additions to the neighbourhood, which planners describe as “gentle density,” don’t trouble Mr. Haebler. But these building projects are outnumbered by changes in the other direction. Empty nesters are more numerous; families are often smaller; and buildings are being converted from rooming houses or apartments into single-family homes. To reverse the current trend in Kerrisdale would require big, visible change, with mid-rise or even tall buildings permitted across a wider area.
“In Burnaby, there are high-rises going up everywhere,” Mr. Haebler mused. If such large buildings were permitted in Kerrisdale, “I don’t think I would like that very much.”
Mr. Haebler has no interest in selling his house to a developer, and would not support larger buildings on his block.
Such attitudes are common. And while new buildings generate political friction, nobody really notices when existing buildings shed some of their occupants.
The latter trend is common enough in Vancouver, but far more pronounced in Toronto. A large zone of the old City of Toronto, running along Bathurst Street westward to High Park and north to Eglinton Avenue, has seen declines of up to 40 per cent.
Through the 19th century, houses here were home to larger families, and it was common for homeowners to take in tenants. The crowding increased as immigrants arrived in large numbers following the Second World War: Among them were Italians, Portuguese, Poles and Ukrainians, who each settled the west side of the city and then in many cases became homeowners, often raising large families.
As these latter groups became wealthier and more established, they largely moved to the new suburbs of Metro Toronto and beyond. The side streets near the core continued to hold two- and three-storey houses, but those houses gradually became emptier.
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道路的一侧是农田。另一侧,一座混凝土公寓大楼在北约克(North York)的新社区中拔地而起,高达15层。
这就是20世纪60年代后期的多伦多大都会区北界,当时城市的快速增长遭遇了严格的边界限制。
正如历史学家理查德·怀特(Richard White)所言,多伦多大都会规划委员会执行了一种“城市连续性”的愿景。在定义区域内,“开发将受到欢迎,但在指定的城市区域之外,开发将受到严格控制”。这种模式不完美地持续从1954年一直到70年代初,直到郊区化的经济和政治压力最终获胜。在20世纪80年代和90年代,多伦多周边地区呈爆炸式增长,主要以住宅形式呈现,而多伦多市则陷入停滞。在过去的四分之一个世纪里,情况再次发生逆转,人们开始抵制城市扩张。
20世纪90年代,随着各城市面临财政压力,多伦多地区交通拥堵日益严重;与此同时,环保主义者获得了广泛支持以保护绿地,尤其是多伦多北部的橡树岭冰碛(Oak Ridges Moraine)。作为回应,自由党政府在2006年推出了《大金马蹄增长计划》,旨在通过将新住房集中在城市化区域内来扭转城市扩张。多伦多及其周边市镇被迫接受更高的建筑密度。
五月,骑行者和行人使用温哥华凯里斯代尔(Kerrisdale)社区的阿布图斯(Arbutus)走廊。自20世纪70年代以来,该地区许多街区的人口减少了10%到30%。
珍妮弗·戈蒂埃 / 《环球邮报》
同样,大温哥华地区的城市遏制边界自1979年以来已将几乎所有的新增长引导至内部,而1996年实施的区域增长战略也反映了类似的态度。
维克多·多伊尔(Victor Doyle)曾任职于安大略省市政事务部二十年,这位规划师表示,这种“强化”政策在一定程度上是基于这样一种认识,即旧的城市社区有能力容纳更多的人口。
城市,A8
On one side of the road, farm fields. On the other side, a concrete apartment tower rising 15 storeys from the new neighbourhood of North York.
This was the northern border of Metropolitan Toronto in the late 1960s, when the rapid growth of the city ran into strict boundaries.
The Metropolitan Toronto Planning Board enforced a vision of “urban contiguity,” as the historian Richard White puts it. Within a defined area, “development would be welcomed, but outside that designated urban area, development would be tightly controlled.” This pattern continued, imperfectly, from 1954 until the early 1970s, when the economic and political pressure for suburbanization won out. The regions around Toronto grew explosively through the 1980s and 90s, largely in the form of houses, while the City of Toronto stagnated. The past quarter-century has seen another reversal, pushing back against sprawl.
In the 1990s, the Toronto region saw increasing gridlock as cities experienced fiscal pressure; at the same time, environmentalists gained popular support to protect green space, especially on the Oak Ridges Moraine north of Toronto. In response, a Liberal government in 2006 introduced the Growth Plan for the Greater Golden Horseshoe, which sought to reverse sprawl by focusing new housing within urbanized areas. Toronto and its neighbouring municipalities were forced to accept more density.
Cyclists and pedestrians use the Arbutus corridor in Vancouver's Kerrisdale neighbourhood in May. Many blocks in the area have lost between 10 and 30 per cent of their population since the 1970s.
JENNIFER
GAUTHIER/THE
GLOBE AND MAIL
Likewise, Metro Vancouver's Urban Containment Boundary has directed almost all new growth inward since 1979, and the Regional Growth Strategy, implemented in 1996, reflected a similar attitude.
This “intensification” policy was driven in part by the understanding that the older city neighbourhoods had capacity to hold more people, said Victor Doyle, a planner who spent two decades with Ontario’s Ministry of Municipal Affairs.
CITIES, A8

接 A7 页
“在住宅区,人口数量大幅下降,从每栋房子住七个人减少到了两三个人,”他说。“因此,住房存量本身可以容纳大量新人口。”
他补充说,随着新建筑的增加,“这些区域可以容纳更多的人。”它们拥有公园和学校等“软基础设施”,并且靠近市中心的就业岗位,尤其是在多伦多。
但在每种情况下,都有一个陷阱。新居民搬入了现有的城市——但区域和省级规划通常并不规定他们应该在这些城市内部的哪个位置定居。
因此,就像许多其他北美城市一样,人们达成了一项大妥协:新住房被推向人口稀少的地区,主要是市中心附近的工业区,而住宅区则保持不变。在多伦多,金-斯帕迪纳(King-Spadina)和自由村(Liberty Village)地区迅速从工业用途转变为拥有数万名居民的高密度社区。
“我们保护了某些社区,因此城市的许多地理区域免受了变化的影响,”温哥华市首席规划师乔什·怀特(Josh White)表示。“这不仅仅是地理现实,更是地理现实与我们所做政治选择的结合。”
这产生了一种不均匀的增长模式,有时被描述为“高耸与蔓延”。在温哥华,这意味着在市中心的半岛地区出现高层住宅楼,以及在萨里(Surrey)和本拿比(Burnaby)的郊区中心出现集群。这也意味着中层建筑集中在特定的主干道上,而不在其相邻的街道上。
作为例子,怀特先生引用了坎比走廊计划(Cambie Corridor Plan),该计划在 2009 年加拿大线(Canada Line)轻轨线路完工后增加了新住房。
怀特先生解释说,开发“在物理空间上高度集中在坎比街,甚至在几个街区之外的地方都排除了很多密度”。“这是温哥华过去几代人的典型增长模式。而这正是我们现在试图改变的模式之一。”
该市 3 月起生效的新官方开发计划,为城市更大范围内的中密度新住房开放了潜力,并将其组织成 17 个新“村庄”。其目标是在数十年几乎没有建设的地区允许建造联排别墅和小公寓楼,并平衡城市人口的峰值与谷值。
然而,温哥华市议会在 7 月果断拒绝了“村庄”构想。市议员莎拉·柯比-荣(Sarah Kirby-Yung)将公众的反应描述为“压倒性的反对”。
扭转过去 50 年的模式将非常困难,且面临严重的政治阻力。关于新住房的问题——应该增加多少、在何处以及以何种形式增加——已经主导了温哥华一代人的政治。住房在多伦多政治中的主导程度没有那么高,但变革依然不受欢迎。
尽管如此,强化开发可能会带来财政和社会效益。
空学校,空管道
在多伦多市中心,达琳·瓦拉莱奥(Darlene Varaleau)记得比克福德公园高中(Bickford Park High School)的操场曾经热闹非凡。
“这里以前很繁忙,”瓦拉莱奥女士回忆道,她指着位于布鲁尔街(Bloor Street)和克里斯蒂街(Christie Street)附近她家对面的高中和社区中心。“所有的孩子以前都参加课后项目,在这里上游泳课。然后孩子们长大了,大多数人都离开了。”
这所高中坐落在同名的公共公园内。这座建筑于 1965 年开放,现名为比克福德中心(Bickford Centre),旨在为不断增长的移民人口和当地婴儿潮一代提供服务,与之相邻的是一个由市政府运营的名为鲍勃·阿贝特社区娱乐中心(Bob Abate Community Recreation Centre)的公共设施。
它高五层,包括一个体育馆、一个游泳池和一个礼堂。但该学校
一名男子于5月在多伦多的比克福德公园(Bickford Park)遛狗。附近的鲍勃·阿贝特社区娱乐中心(Bob Abate Community Recreation Centre)于1965年与一所学校共同启用,该学校现名为比克福德中心(Bickford Centre)。两者目前均在运行,但该学校大部分时间处于空置状态。
劳拉·普罗克特 / 《环球邮报》
这所曾服务于1,000名学生的学校如今大部分时间十分安静。根据多伦多教育局(Toronto District School Board)一名发言人的说法,在上一学年,比克福德中心设有四所小型专业高中,共有77名学生,另有386名成年学生参加短期项目。
在任何给定时间,该设施大多是空的。74岁的瓦拉洛女士(Ms. Varaleau)正在倡导开展新的社区项目以利用这座建筑。
该教育局为我们大城市中基础设施利用不足提供了一个显而易见的例子。二十年来,多伦多教育局(TDSB)与安大略省教育厅一直就设施资金问题争论不休。
这种紧张关系与城市的增长和萎缩模式有关。在少数地方,TDSB的学校申请人数过多。但该局拥有301,366个教室空间,而学生仅有234,514名,留下了近69,000个空位。这些空位主要分布在人口多年下降的地区。
瓦拉洛女士所在的街区距离克里斯蒂(Christie)地铁站仅几步之遥,1971年时约有750人。截至2021, 它有大约 500人,且该人数仍在减少。
“这里出现了一次人口迁出,”瓦拉洛女士解释道,“你知道,以前这里都是大家庭。这些房子里住很多人。而现在,这里成了理想的居住地,所以以前住五个人或更多的地方,现在只住两个人。”
事实上,在过去的两代人中,加拿大的平均家庭规模显著缩小,从1971年的3.5人减少到2021. 的2.4人。在多伦多,尤其是像瓦拉洛女士所在的老旧街区,这种变化更为明显。
如今多伦多的儿童高度集中在少数几个地方——主要是许多新公寓住宅楼落成的区域。当这些地区的年轻夫妇有了孩子,他们中的许多人会留在原地,或者为了寻求更多空间而搬到郊区。市中心地段的房屋价格依然高昂,在经济上可能难以负担。
温哥华也出现了类似的现象。拥有许多年轻家庭的市中心奥林匹克村(Olympic Village)社区十年来一直有要求新建学校的呼声。一所新的小学现计划于2029. 开学。与此同时,温哥华教育局在许多其他市中心区域的建筑利用率不足。与此同时,郊区教育局则在蓬勃发展。去年,萨里教育局(Surrey Board of Education)批准了一项 $5.7-billion, 五年资本计划,其中包括27所新学校。
住房问题一代以来一直主导着温哥华的政治。
詹妮弗·高蒂尔 / 《环球邮报》
右图:罗兰·海布勒(Roland Haebler)和他的妻子在凯里斯代尔(Kerrisdale)一座3,400平方英尺的房子里抚养两个儿子;在孩子离巢后,他们仍住在那里。 GLOBE 詹妮弗·高蒂尔 / 《环球邮报》
由于如今的家庭规模比前几代人小,房屋可能需要被公寓所取代。 GLOBE 劳拉·普罗克特 / 《环球邮报》
上图的达琳·瓦拉洛(Darlene Varaleau)正在倡导开展新的社区项目以利用比克福德中心建筑。
劳拉·普罗克特 / 《环球邮报》
更多的道路空间从驾驶转向了公共交通,例如公交车道和自行车道。
简而言之,就是利用现有资源。
在这两座城市,尤其是多伦多,在从零开始建设新校舍的同时,旧学校却维持着大量空置空间。
新的郊区开发通常需要全新的基础设施。而在房屋分布稀疏的地区,建设成本非常高。
Hemson Consulting 为渥太华市进行的一项 2021 年研究发现,当建设低密度郊区房屋时,会产生亏损:其房产税无法覆盖水管等公共基础设施的成本,每栋房屋每年使城市损失 465 加元。相反,填充式增长(infill growth)每栋房屋可产生 606 加元的盈余——房产税不仅覆盖了所有基础设施成本,还有所剩余。
卡尔加里大学土木工程系副教授兼加拿大研究讲席教授凯里·布莱克(Kerry Black)表示,即使在水利基础设施老化且承压严重的地方,情况依然如此。
在过去两年中,卡尔加里经历了两次水管故障——且都发生在同一根管道(拥有 50 年历史的 Bearspaw South 供水主干管)上。但布莱克博士表示,此类故障与基础设施老化有关,而非使用强度过高。她说:“在很多情况下,我们并没有将这些系统发挥到全部容量。但它们已经达到了使用寿命,无论如何都需要进行大修。”
她说,将城市向新领土扩张并不能降低这项成本;它只是增加了昂贵的新基础设施,且这些设施未来同样需要维护和修理。
“可以用房子的例子来想象,”她说,“我有一栋旧房子,现在我想买一栋新房子,因为我觉得新房子需要的维护较少。”但在这个比喻中,政府保留了旧房子,并且要同时照顾这两栋房子。
她建议,更好的解决方案是“修理现有的房子,以获得我们最初投入资金所应有的价值”。她补充说,对现有水利基础设施进行修理或更换,也可以在任何需要的地方增加容量。
多伦多大学土木与矿业工程副教授肖莎娜·萨克斯(Shoshanna Saxe)表示,在城市区域建设各类基础设施比在新建社区中“便宜得多”。
萨克斯博士认为,强化开发(intensification)可以集中在 1950 年之后建设的社区。其中许多社区的人口下降模式与较旧社区相似。
萨克斯博士表示,通常情况下,这些战后郊区的道路和水利基础设施网络存在“过度建设”的情况。她说:“这不仅仅是因为那里曾经的人口更多。”
“而是因为由于消防要求等因素,我们的网络内部有能力容纳更多的人口。”
供水系统的设计旨在提供能够满足峰值需求的压力——这一压力是由消防车抽水灭火的需求决定的,通常是正常需求所需压力的 10 倍。萨克斯博士解释道:“在几乎所有的郊区社区,你拥有的水资源容量都超过了服务当地居民的需求。在需要增加水管之前,你可以增加大量人口。”
与此同时,萨克斯博士说,相对于它们所支撑的人口,这些道路“严重过度建设”。
如果能整合某些街道,并且如果
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FROM A7
“In house neighbourhoods, the population had declined dramatically from seven people in a house to two or three,” he said. “So the housing stock itself could accommodate lots of new people.”
And with the addition of new buildings, he added, “these zones could accommodate a lot more.” They had “soft infrastructure” such as parks and schools, and they were close to downtown jobs, particularly in Toronto.
But in each case, there was a catch. New residents moved into existing cities – but regional and provincial planning generally didn't dictate where they should go within those cities.
So, as in many other North American cities, a grand bargain was struck: New housing was pushed into the places where few people lived, principally industrial districts near downtown, while house neighbourhoods remained unchanged. In Toronto, the King-Spadina and Liberty Village districts rapidly transformed from industrial uses to high-density neighbourhoods with tens of thousands of residents.
“We protected certain neighbourhoods, so a lot of the geography of the city was insulated from change,” said Josh White, the City of Vancouver’s chief planner. “Those weren’t just geographic realities; those were geographic realities combined with political choices that we made.”
This has generated an uneven pattern of growth sometimes described as “tall and sprawl.” In Vancouver, that has meant high-rise residential buildings within the city’s downtown peninsula, and clusters in the suburban downtowns of Surrey and Burnaby. It has also meant mid-rise buildings focused on particular major streets, but not on the streets next to them.
As an example, Mr. White cited the Cambie Corridor Plan that added new housing when the Canada Line transit route was completed in 2009.
Development “is heavily concentrated physically on Cambie Street, to the exclusion of a lot of density even blocks away,” Mr. White explained. “That’s been the typical pattern of growth in Vancouver for the last couple generations. And that's one of the patterns we're trying to shift now."
The city's new Official Development Plan, which took effect in March, opened up the potential for new middle-density housing across a much larger swath of the city, organized into 17 new “villages.” The goal was to permit townhouses and small apartment buildings in areas that have seen little construction for decades, and to even out the city's peaks and valleys in population.
However, Vancouver City Council decisively rejected the villages idea in July. Councillor Sarah Kirby-Yung described the public response as “a landslide of opposition.”
Reversing the patterns of the past 50 years will be difficult, and there are serious political headwinds. Questions around new housing – how much should be added, where and in what form – have dominated Vancouver politics for a generation. Housing has not dominated Toronto's politics to the same degree, but change remains unpopular.
Still, intensification could pay fiscal and social benefits.
EMPTY SCHOOLS, EMPTY PIPES
In central Toronto, Darlene Varaleau remembers when the schoolyard at Bickford Park High School was full of action.
“This place used to be busy,” recalled Ms. Varaleau, gesturing at the high school and community centre across the street from her house near Bloor and Christie Streets. “All the children used to go to after-school programs and have swimming lessons here. And then the kids grew up, and most of them left.”
The high school sat in the public park of the same name. Now called Bickford Centre, the building opened in 1965 to serve a growing population of immigrants and local baby boomers alongside a city-run public facility called Bob Abate Community Recreation Centre.
It rises five storeys high and includes a gym, swimming pool and auditorium. But the school
A man walks his dogs through Bickford Park in Toronto in May. The nearby Bob Abate Community Recreation Centre opened in 1965 alongside a school, now called Bickford Centre. Both remain open, but the school is mostly empty.
LAURA
PROCTOR/THE
GLOBE AND MAIL
that once served 1,000 students is largely quiet. In the previous academic year, according to a Toronto District School Board spokesperson, Bickford Centre housed four small specialty high schools with a total of 77 students, while 386 adult students attended short-term programs.
At any given time, this facility is mostly empty. Ms. Varaleau, 74, is advocating for new community programs to make use of the building.
The school board offers one visible example of underused infrastructure in our big cities. For two decades, TDSB and Ontario's Ministry of Education have argued over funding of its facilities.
This tension is connected to the city's pattern of growth and shrinkage. In a few places, TDSB schools are oversubscribed. But the board has 301,366 classroom spaces and only 234,514 students, leaving nearly 69,000 empty seats. These are largely located in areas whose population has been declining for years.
Ms. Varaleau's block, steps from the Christie subway station, had about 750 people in 1971. As of 2021, it had roughly 500, and that number is shrinking.
“There was a migration out of this area,” Ms. Varaleau explained. “You know, these were big families. There were a lot of people in these houses. And now, this is a desirable place to live, so you’ve got two people where there were five or more.”
Indeed, the average household size across Canada has shrunk significantly over the past two generations, from 3.5 in 1971 to 2.4 in 2021. In Toronto, and particularly in older districts such as Ms. Varaleau's, the change is still more pronounced.
Children in Toronto today are heavily concentrated in a few places – largely the zones where many new homes have been built in condominium apartments. When young couples in those areas have children, many of them will stay in place or else move to the suburbs in search of more space. Houses in the central city, which remain more expensive, can be financially out of reach.
A similar phenomenon is occurring in Vancouver. The downtown Olympic Village neighbourhood, which has many young families, has seen calls for a new school for a decade. A new elementary school is now slated to open in 2029. At the same time, the Vancouver School Board's buildings in many other downtown areas are below capacity. Meanwhile, suburban boards are booming. Last year, the Surrey Board of Education approved a \$5.7-billion, five-year capital plan including 27 new schools.

Questions around housing have dominated politics in Vancouver for a generation.
JENNIFER GAUTHIER/THE GLOBE AND MAIL
Right: Roland Haebler and his wife raised their two sons in a 3,400-square-foot house in Kerrisdale; they remain there as empty nesters JENNIFER GAUTHIER/THE GLOBE AND MAIL


Because today's families are smaller than those of past generations, houses will likely need to be replaced by apartments. LAURA PROCTOR/THE GLOBE AND MAIL

Darlene Varaleau, above, is advocating for new community programs to make use of the Bickford Centre building.
LAURA
PROCTOR/THE
GLOBE AND MAIL
more road space was shifted from driving to mass transit, such as bus lanes and cycling.
In short, use what you have.
In both cities, particularly in Toronto, schools are maintaining empty space while new school buildings are being constructed from scratch.
New suburban development generally requires all-new infrastructure. And the cost of building it, in places where homes are spread out, is high.
A 2021 study by Hemson Consulting for the City of Ottawa found that when low-density suburban houses are built, they create a deficit: Their property taxes do not cover the cost of the public infrastructure such as water mains, each home leaving the city worse off by \$465 a year. Conversely, infill growth generated a surplus of \$606 per home - property taxes cover all the costs of infrastructure, and then some.
That holds true even in places where water infrastructure is aging and under strain, said Kerry Black, an associate professor and Canada Research Chair in the Department of Civil Engineering at the University of Calgary.
Calgary has coped with two water-main failures – on the same pipe, the 50-year-old Bearspaw South Feeder Main – in the past two years. But Dr. Black said such failures are about aging infrastructure, not heavy use. "In many cases we're not using these systems to their full capacity," she said. "But they are at their end of life and will need major repairs anyway."
Expanding cities out into new territory does not reduce that cost, she says; it simply adds new infrastructure that is costly and that will also need to be maintained and repaired.
“Imagine it in the context of a house,” she said. “I’ve got an old house, and now I’m going to buy a new one because it seems like it needs less maintenance.” But government, in this metaphor, keeps the old place and takes care of both.
The better solution, she suggested, is “to fix the existing house, to get the value for our money that we put into it at the outset.” Repairs or replacements to existing water infrastructure, she added, can also add more capacity in any places where it is needed.
Constructing all sorts of infrastructure “is far less expensive” in urban areas than it is in newly built neighbourhoods, said Shoshanna Saxe, associate professor of civil and mineral engineering at the University of Toronto.
Dr. Saxe argued that intensification could focus on neighbourhoods built after 1950. Many of these have similar patterns of population decline to those in older neighbourhoods.
And generally, Dr. Saxe said, these postwar suburbs have “overbuilt” networks of roads and water infrastructure. “It’s not just that there used to be more people there,” she said.
“It’s that we have capacity within our networks to add more people because of things like fire requirements.”
Water supply systems are designed to deliver pressure to meet peak demand – which is determined by requirements for fire trucks pumping water to fight a fire, typically 10 times the pressure required for normal demand. "In almost all suburban neighbourhoods you have more water capacity than you need to serve the people there," Dr. Saxe explains. "You could add lots of people before you needed more water pipes."
Their roads, meanwhile, “are hugely overbuilt” relative to the populations they support, Dr. Saxe said.
These road networks can accommodate more people if certain streets were consolidated and if
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为了支持“更紧凑的城市更具成本效益”这一观点,加拿大人需要对现有基础设施进行盘点。我们该如何实现这一点?
“我们没有这么做,”萨克斯博士(Dr. Saxe)表示,“如果存在全面的研究,我并不知情。”
通常情况下,加拿大政府是根据人口增长来建设基础设施的,而不会统计现有资产。
但有一个例外,即加拿大现有的一个将增长引导至有容量地区的模式:以公共交通为导向的开发(transit-oriented development)。安大略省 2024 年的省级规划声明将新住房引导至交通站点。不列颠哥伦比亚省在 2023 年也推出了类似的以公共交通为导向的开发政策。
以公共交通为导向的开发在全国范围内是一项成熟的政策——尽管在温哥华地区以外尚未得到广泛实施。
拥挤(100-120%)
超过一半的 TDSB 学校运行容量不足
每个点代表一所 TDSB 学校。颜色显示 2023 年入学人数占容量的比例
《环球邮报》,来源:多伦多教育局 (TDSB)
利用不足(60 - 80%)
现在,有迹象表明,这一工具可能开始为现有住宅社区的变革开启大门。
满员(80 - 100%)
多伦多市首席规划师杰森·索恩(Jason Thorne)指出了近期有利于小型“多单元”公寓的规划变更,以及新更新的分区规划,这将开放交通站点周围更广泛的区域。
温哥华和多伦多家中没有孩子的夫妇数量增加
夫妇百分比,从 1981 年到 2021 年
他说,“自 80 年前土地利用规划开始以来,我们开始看到社区中获得住房许可的情况比以往任何时候都多。”他说,这将使“关于我们在哪里布置基础设施的决定变得更加复杂和繁琐”,因为增长模式可能会变得不那么集中,且更难以预测。
虽然复杂,但并非不可能。我们能否简单地将大部分新住房和新人口重新引导至现有社区?萨克斯博士认为可以,但有一个前提。
《环球邮报》,来源:加拿大统计局
“基础设施可以承受,”她说,“但建筑物的外观将会有所不同。”
这将代表规划和市政政治的一次重新思考。那种“高楼与扩张”并存、逐块规划的代际妥协将被一种不同的模式所取代,这种模式将允许城市中心全面增长。
由于如今的家庭规模比前几代人小,房屋需要被公寓取代。“将会出现不同类型的单元、不同类型的生活方式,这将需要进行建设。”
单栋房屋被替换为包含更多住宅的建筑,通常一次替换一两栋。(在多伦多地区,战后时期建造了 1,000 多栋中高层公寓塔楼,目前共居住着 100 万人。)在多伦多和温哥华的案例中,随着住房存量的变化,街道网络和公共空间在很大程度上保持原样。
这看起来会是什么样子?关于具体例子,我们可以回顾 20 世纪 50 年代和 60 年代加拿大中心城市是如何增长的——即通过中高层公寓楼的集群。
温哥华市允许西端(West End)的集约化发展;在那里,1962 年至 1975 年间增加了 220 多栋高层公寓塔楼,增加了约 10,000 人。多伦多出现了类似但更分散的模式:包括 Annex 在内的几个中心社区在 1954 年至 1972 年间经历了大规模的公寓建设。
在这些选定区域内,大型新建筑和房屋将并肩而立。允许私人建筑商和非营利住房开发商在更广泛的区域内建设公寓,将撼动开发用地和住房市场。
或者,这可能意味着更广泛地采用高密度开发——通过修改大城市或其最中心社区的法规,而非逐个街区制定新规。市中心政策将不再仅仅聚焦于交通站点周围,而是强调配套设施和交通的普遍存在。
在大规模范围内重复这一模式,可能意味着将特定的城市区域指定为重新开发区,正如温哥华曾尝试推行但最终被否决的“村庄”(Villages)计划那样。
从政治角度来看,这将非常困难——海布勒先生在看到自己社区出现公寓时的反应,以及导致温哥华政客暂停该市计划的公众抗议便证明了这一点。
尽管如此,萨克斯博士认为,某种形式的更聚焦的大都市增长将通过在现有城市基础上建设而产生显著效益。她说:“我们可以利用一个规模庞大、造价昂贵且未被充分利用的基础设施。”
社论
真正忠于首席行政官的人,既不会建议也不会屈从于专断的措施 —— 朱尼厄斯
To back up the idea that more compact cities are more cost-effective, Canadians would need to take stock of existing infrastructure. How do we do that?
“We don’t,” Dr. Saxe said. “If there are comprehensive studies, I’m not aware of them.”
Generally, Canadian governments build infrastructure in response to population growth; they do not count their existing assets.
But there is one exception, an existing model in Canada for directing growth to where the capacity is: transit-oriented development. Ontario's 2024 provincial planning statement directs new housing to transit stations. British Columbia has an analogous transit-oriented development policy, introduced in 2023.
Transit-oriented development is a well-established policy across the country – although it has not been widely implemented outside the Vancouver
Crowded (100-120%)
More than half of TDSB schools run under capacity
Each dot is a TDSB school. Colour shows enrolment as a share of capacity, 2023
THE GLOBE AND MAIL, SOURCE: TORONTO DISTRICT SCHOOL BOARD
Underused (60 - 80%)

region. Now, there are signs that this tool could start to open the door to change in existing house neighbourhoods.
Full (80 - 100%)
Jason Thorne, the City of Toronto's chief planner, pointed to recent planning changes that favour small “multiplex” apartments, and newly updated zoning that would open up broader zones around transit stations.
More couples have no children at home in Vancouver and Toronto
Percentage of couples, from 1981 to 2021
“We are starting to see more housing permissions in neighbourhoods than has ever been the case” since the beginnings of land-use planning 80 years ago, he said. This will make the decisions “about where we put infrastructure much more complex and complicated,” he said, because growth patterns may be less focused and less predictable.
Complicated – but possible. Could we simply redirect much of the new housing, and new people, across existing neighbourhoods? Dr. Saxe suggested yes, with a caveat.

THE GLOBE AND MAIL, SOURCE: STATISTICS CANADA
"The infrastructure could take it," she said, "but the buildings will look different."
This would represent a rethink in planning and in municipal politics. The generational compromise of “tall-and-sprawl,” block-by-block planning would be replaced by a different pattern, one that would allow growth across urban centres.
Because today's families are smaller than those of past generations, houses will need to be replaced by apartments. “There will be different types of units, different types of living, which will require construction.”
Individual houses were replaced, often one or two at a time, by buildings containing many more homes. (Across the Toronto region, more than 1,000 mid-rise and high-rise apartment towers were built in that postwar period, and they now house a total of a million people.) In both the Toronto and Vancouver cases, the street networks and public spaces remained largely intact as the housing stock changed.
What might this look like? For specific examples, we can look back to how Canadian central cities grew in the 1950s and 60s – with clusters of mid-rise and high-rise apartment buildings.
The City of Vancouver allowed the intensification of the West End; there, more than 220 high-rise apartment towers were added between 1962 and 1975, adding about 10,000 people. Toronto saw a similar but more dispersed pattern: Several central neighbourhoods, including the Annex, saw substantial apartment construction between 1954 and 1972.
Within those chosen zones, large new buildings and houses would stand alongside one another. Allowing private builders, and non-profit housing developers, to construct apartments across a much wider territory would shake up the markets for development land and for housing.
Or it could mean a more widespread adoption of density – altering regulations for big cities, or their most central neighbourhoods, rather than making new rules block-by-block. Instead of focusing around transit stations, a central-city policy would emphasize the general presence of amenities and transit.
Repeating this model on a larger scale could mean designating particular urban areas for redevelopment, as Vancouver tried to do with its rejected Villages initiative.
Politically, this would be very difficult – as evidenced by Mr. Haebler's reaction to seeing apartments in his neighbourhood, and the public outcry that led Vancouver politicians to pause the city's plan.
Still, Dr. Saxe suggested that some form of more focused metropolitan growth would generate serious benefits through building on the cities we already have. “We can take advantage,” she said, “of a massive, expensive, underused infrastructure.”

EDITORIAL
The subject who is truly loyal to the chief magistrate will neither advise nor submit to arbitrary measures - Junius
周一在魁北克选出的魁北克党(Parti Québécois, PQ)少数派政府并非普通的政治事件。魁北克党誓言在其四年的任期内举行独立公投,使其加入了那些在考虑分离的少数省份名单中(另一个是阿尔伯塔省)。
这一切正发生在加拿大与美国进行贸易战,并抵御唐纳德·特朗普总统多次威胁要吞并其邻国之际。团结是这个国家目前最需要的,而突然之间,它比以往任何时候都更加分裂。或者说,情况看起来是这样的。
事实是,虽然魁北克党的胜利在表面上令人不安,但这绝非是对该党公投梦想的热烈支持。如果这次选举揭示了什么,那就是魁北克选民准备支持那些右翼且专注于改善该省经济的政党。
在魁北克党 1976 年首次历史性执政 50 周年之际,魁北克党领导人保罗·圣-皮埃尔·普拉蒙东(Paul St-Pierre Plamondon)取得了该党历史上最弱的一次胜利。
在 20 世纪 70、80 和 90 年代的巅峰时期,社会民主主义的魁北克党政府能赢得超过 40% 的普选票,并在国民议会中拥有稳固的多数席位。
自那时起,这个最初由勒内·莱韦克(René Lévesque)领导的政党由于魁北克人对独立的渴望减弱而鲜有建树。
该党上一次组建少数派政府是在 2012 年,当时获得了 31.95% 的普选票。
圣-皮埃尔·普拉蒙东先生在周一将魁北克党带到了一个新的低点。他的政党仅获得了 27.9% 的普选票,这是该省历史上组建政府的政党中得票率最低的,更不用说在魁北克党自身历史中了。他赢得了 59 个席位,距离多数席位还差 5 个。
虽然对于在选举前仅持有 7 个席位的魁北克党来说,这是一个进步,但不能合理地将其称为举行像另一次公投这样重大事件的授权。
近六成(58.2%)的魁北克人为三个明确反对再次公投的政党投票:自由党、保守党和魁北克未来联盟(Coalition Avenir Québec, CAQ)。
甚至圣-皮埃尔·普拉蒙东先生也知道,独立并不是选民最关注的问题。他在竞选前不久缓和了立场,表示他只会在特朗普先生于 2029 年 1 月离任后才发起公投。
如果说选民渴望什么,那就是改变。连续组建两届多数派政府的现任 CAQ 一个席位也没能赢得。
选民们将选票分散在四个政党中,包括左翼且支持独立的魁北克团结党(Québec Solidaire)。该党的席位减少了两个,普选票份额下降了三个百分点。
与此同时,保守党的席位从 1 个增加到 19 个,而以商业为导向且公开主张联邦主义的自由党则从 18 个增加到 40 个。
可以说,从 CAQ 的崩溃中获益最多的政党都处于中右翼,尽管程度不同,其中也包括(此前偏左的)魁北克党。
这三个政党都承诺限制政府支出、平衡预算、精简官僚机构、削减监管红线并降低税收——尤其是企业税。自由党和魁北克党将目标锁定在中小企业,而保守党则提出了一个高达 59% 的全面企业税减免计划。
这三个政党还承诺,在省政府权限范围内减少永久和临时移民。其中两个政党——魁北克党和保守党——在犯罪和公共安全问题上强力推进,承诺雇佣更多警察和检察官。
这次选举真正的启示是,绝大多数魁北克人将信任寄托在那些将从中右翼立场解决该省经济和其他问题的政党身上。只有不到三分之一的人信任一个想要举行另一次公投的政党——这一数字与民调一致,民调显示对独立的支撑率长期陷入在 30% 左右。
圣-皮埃尔-普拉蒙东先生受限于他关于在2029年某个时间点举行全民公投的承诺。大多数魁北克人心中有更紧迫的问题需要处理,他们似乎更希望他不要费这个劲。
詹姆斯·凯勒 (JAMES KELLER)
国家编辑
克里斯汀·布鲁索 (CHRISTINE BROUSSEAU)
优先事项执行编辑
安德鲁·桑德斯 (ANDREW SAUNDERS)
总裁兼首席执行官
大卫·沃尔姆斯利 (DAVID WALMSLEY)
总编辑

David Parkin 62026
The election of a minority Parti Québécois government in Quebec on Monday is not just any political event. The PQ has vowed to hold a referendum on independence during its four-year mandate, adding itself to the short list of provinces, Alberta being the other, that is flirting with separation.
All of this is happening as Canada fights a trade war with the United States and is standing up to President Donald Trump's repeated threats to annex its neighbour. Unity is what the country needs and suddenly it has more disunity than ever. Or so it might appear.
The fact is that, while the PQ's victory is disturbing on the surface, it is in no way an enthusiastic endorsement of the party's referendum dreams. If the election reveals anything at all, it is that Quebec voters are ready to support parties that are right of centre and focused on improving the province's economy.
On the 50th anniversary of the PQ's historic first election to power in 1976, PQ leader Paul St-Pierre Plamondon has delivered the party's weakest victory ever.
At its peak in the 1970s, 80s and 90s, social-democratic PQ governments would win over 40 per cent of the popular vote and hold solid majorities in the National Assembly.
Since then, the party first led by René Lévesque has had little success as Quebeckers' desire for independence has waned.
It last formed a minority government in 2012 with 31.95 per cent of the popular vote.
Mr. St-Pierre Plamondon took the PQ to a new low Mon-day. His party received just 27.9 per cent of the popular vote, the lowest of any party forming government in the province's history, let alone the PQ's. He won 59 seats, five short of a majority.
While this is a step forward for the PQ, which held seven seats going into the election, it cannot reasonably be called a mandate to hold something as consequential as another referendum.
Nearly six out of 10 Quebecers (58.2 per cent) cast votes for the three parties explicitly opposed to another referendum: the Liberals, the Conservatives and Coalition Avenir Québec.
Even Mr. St-Pierre Plamondon knew that independence wasn't top-of-mind for voters. He softened his position just prior to the campaign to say he would only call a referendum after Mr. Trump leaves office in January, 2029.
If voters were hungry for anything, it was change. The incumbent CAQ, which formed two majority governments in a row, didn't win a single seat.
Voters instead spread their ballots across four parties, including the left-wing, pro-independence Québec Solidaire. That party saw its seat count drop by two and its share of the popular vote fall three points.
The Conservatives, meanwhile, went from one seat to 19, while the business-oriented and avowedly federalist Liberals went from 18 to 40.
The parties that benefited most from the collapse of the CAQ can be said to be right of centre, albeit to different degrees, the (formerly left-leaning) PQ included.
All three promised to restrain government spending, balance budgets, shrink the bureaucracy, cut regulatory red tape and lower taxes – especially business taxes. The Liberals and PQ targeted small and medium-sized businesses, while the Conservatives pitched a whopping across-the-board corporate tax cut of 59 per cent.
All three parties also promised to reduce permanent and temporary immigration to the extent that the province can do that. And two of them – the PQ and Conservatives – pushed hard on crime and public safety, promising to hire more police officers and prosecutors.
The real take-away from the election is that the vast majority Quebeckers put their faith in parties that will address the province's economy and other issues from the right of centre. Less than one-third of them also put their faith in a party that wants to hold another referendum – a figure that aligns with polling that shows support for independence is perennially mired at about 30 per cent.
Mr. St-Pierre Plamondon is stuck with his promise to hold a referendum some time in 2029. Most Quebeckers, with more pressing issues on their minds, would seem to prefer it if he didn't bother.
JAMES KELLER
NATIONAL EDITOR
CHRISTINE BROUSSEAU
MANAGING EDITOR, PRIORITIES
ANDREW SAUNDERS
PRESIDENT AND CEO
DAVID WALMSLEY
EDITOR-IN-CHIEF

David Parkin 62026
旧去新来
关于《魁北克党在缺乏足够民意支持的情况下重新执政》(10月7日):魁北克党在魁北克省获得最多席位这件事,我并不感到兴奋。
虽然他们在竞选期间主张再次就脱离加拿大举行全民公投,但他们目前仅拥有少数派政府,而省自由党和保守党已誓言将在国民议会中阻止任何此类投票。
更重要的是,过去八年的魁北克未来联盟(CAQ)政府席位归零。我怀疑选民非常希望 CAQ 下台,而魁北克党成了实现这一目标的最佳工具。
这并非新鲜事。选民经常是为了反对某个政党而投票,而非为了支持某个政党。
在《辛普森一家》的一个经典剧集中,胖托尼向巴特解释他的犯罪企业。他通过一系列极具说服力的合理假设来辩解,开头是这样问的:“巴特,嗯,为了养活饥饿的家人而偷一块面包是错的吗?”即便在现在,我看到这部讽刺动画依然会发笑。
但当同样的“逻辑”被反转,并被用来劝说我们一级谋杀罪的 25 年强制最低刑期违宪时,这就没那么有趣了。这种荒谬性还被其他攻击手段所加剧:例如,认为这个数字是随意的,仿佛提出的 15 年就不是随意决定的一样;或者将统计数据与其他所谓更先进且一贯宽容的司法管辖区进行比较。这种逻辑是循环的,而且我认为是似是而非的。
在经济合作与发展组织(OECD)的国际学生评估项目(PISA)的阅读、数学和科学测试中,考虑更细致的结果所揭示的信息也至关重要:即标准化测试从来不是衡量教育成就的简单答案。
萨斯喀彻温省不便面对的真相不应被忽视——它是评分期间唯一一个高中没有标准化测试计划的省份。它逆势而上:该省的科学和数学成绩有所提高;在阅读方面,其成绩跌幅在所有省份中最小。
布莱恩·麦科纳基(Bryan McConachy),西温哥华
市场力量
关于《谁的利益?》和《掩耳盗铃》(读者来信,10月6日):两篇关于能源资源的评论形成了有趣的并列,凸显了我们的社会看待技术与环境的动态关系。
石油工业确实似乎在向油砂整合倾斜(《科诺哈斯能源公司通过 $5.7-billion Athabasca buy 扩大油砂规模》——商业报告,10月6日)。但我们也了解到,创新将使太阳能电池板能够将更多阳光转化为可用电能(《美国太阳能生产商称接近取得突破》——商业报告,10月6日)。
我依然乐观地认为,市场将决定谁是赢家谁是输家,以及哪些能源资产最终会被搁浅。毕竟,一条被“批准”的管道并不一定意味着这条管道会被建成。
克里斯·盖茨(Chris Gates),安大略省科堡
遗憾的是,科诺哈斯能源公司虽然总部设在卡尔加里,但根据现有信息,它并不是一家真正的加拿大公司,仅有 18.1 per cent 的股东位于加拿大。位于美国的股东持有该公司 36.5 per cent 的股份,其余大部分位于其他外国,另有 11.2 的地理位置未知。
即便加拿大自然资源公司也有 59.7 由美国股东持有,而帝国石油则有 68 由埃克森美孚持有。
加拿大的自然资源外资所有权过高。迈克·普里亚罗(Mike Priaro),卡尔加里
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OUT WITH THE OLD
Re “The PQ is back in office without a lot of people power behind the next premier” (Oct. 7): I’m not too excited by the Parti Québécois getting the most seats in Quebec.
While they campaigned on holding yet another referendum on separation from Canada, they only have a minority government with the provincial Liberals and Conservatives vowing to block any such vote in the National Assembly.
More significantly, the Coalition Avenir Québec government of the past eight years went to zero seats. I suspect voters badly wanted the CAQ gone and the PQ was the best vehicle to achieve that.
This is nothing new. Voters often cast ballots against a party, not for one.
classic episode of The Simpsons, Fat Tony explains his criminal enterprise to Bart. He resorts convincingly to a series of reasonable hypotheticals which starts by asking, “Bart, um, is it wrong to steal a loaf of bread to feed your starving family?” I laugh even now at the satirical cartoon.
But it's less amusing when this same “logic” is inverted and advanced to persuade us that a 25-year mandatory minimum for first-degree murder is unconstitutional. This absurdity is compounded by alternative attacks: for example, that the number is arbitrary, as if the proffered 15 years somehow isn't, or statistical comparisons to other supposedly more enlightened and invariably lenient jurisdictions. The logic is circular and, I believe, specious.
Organization for Economic Co-operation and Development's Program for International Student Assessment in reading, mathematics and science, it's also critical to consider what the more granular results suggest: that standardized testing was never the simple answer for educational attainment.
Saskatchewan's inconvenient truth shouldn't be ignored as the only province without a standardized testing program in high school during the scoring period. It bucked a trend: Provincial scores went up in science and mathematics; in reading, scores dropped the least of all the provinces.
Bryan McConachy West Vancouver
MARKET FORCES
Re “Whose interest?” and “Head in the sand” (Letters, Oct. 6): An interesting juxtaposition of commentary about energy resources highlights the dynamics of how our society views technology and the environment.
The oil industry certainly appears to be tipping the scales in favour of oil sands consolidation (“Cenovus bulks up on oil sands with \$5.7-billion Athabasca buy” – Report on Business, Oct. 6). Yet we also learn that innovations will enable solar panels to convert more sunlight into usable electricity (“U.S. solar producers say they are close to breakthrough” – Report on Business, Oct. 6).
I remain optimistic that the marketplace will determine winners and losers and which energy assets end up stranded. After all, a pipeline “approved” does not necessarily translate into a pipeline built.
Chris Gates Cobourg, Ont.
Too bad that Cenovus, though headquartered in Calgary, isn't really a Canadian company with only 18.1 per cent of shareholders located in Canada, according to available information. Shareholders located in the United States own 36.5 per cent of the company, while the rest are mostly located in other foreign countries and 11.2 per cent are of unknown geographic location.
Even Canadian Natural Resources is 59.7 per cent owned by U.S. shareholders, while Imperial Oil is 68 per cent owned by Exxon-Mobil.
Too much of Canada's natural resources are foreign-owned. Mike Priaro Calgary
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针对“加拿大对谋杀罪的惩罚是否过于严苛?不列颠哥伦比亚省最高法院介入讨论”(10月5日):在
25年的刑期至少可以避免谋杀受害者幸存家属面临重复假释听证会的局面。他们是遭受真实伤害的真实的人,而非假设。
■ 罗恩·贝拉姆 (Ron Beram),不列颠哥伦比亚省加布里奥拉
我认为“微弱希望”并不是描述该条款的正确词汇,该条款赋予被定罪的谋杀犯在25年刑期执行15年后申请假释听证会的权利。
文章显示,高达72.5%的申请者获得了提前假释。
■ 吉姆·杜霍尔克 (Jim Duholke),北温哥华
起起伏伏
针对“随着国际学生人数骤减,国内高等教育入学人数回升”(商业报告,10月2日):在这个令人遗憾的悲剧中,终于出现了一些积极的消息。
让我们开诚布公地说:看来许多所谓的来到加拿大的学生并不是为了教育,而是为了走捷径获得永久居民身份。已有多次报道指出,有些学校设立就是为了榨取系统并赚取学费。
现在唯一在焦虑的人是那些靠学生安置赚取收入的移民顾问,靠提高学费中饱私囊的学院和大学,以及利用廉价劳动力而非雇佣加拿大人来增加利润的雇主。
现在我们正在教育更多自己的青年,并打造一支更合格的加拿大劳动力队伍,而不是必须从其他国家吸引受教育的工人。在我看来,这才是我们的教育系统最初应该做的事情。
格雷厄姆·法雷尔 (Graham Farrell),多伦多
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Re “Does Canada punish murder too harshly? B.C.’s top court wades into the debate” (Oct. 5): In a
Twenty-five years at least staves off the prospect of repeated parole hearings for the surviving family of murder victims. They are real people suffering real harm. They are not hypothetical.
■ Ron Beram Gabriola, B.C.
I don't think “faint hope” is the right term for the clause which gives convicted murderers the right to a parole hearing after 15 years of their 25-year sentence.
The article shows that fully 72.5 per cent of applicants were granted earlier parole.
■ Jim Duholke North Vancouver
UP AND DOWN
Re “As international student numbers tumble, domestic post-secondary enrolment rebounds” (Report on Business, Oct. 2): Finally some positive news in this sorry saga.
Let's call a spade a spade: It seems many of the so-called students coming to Canada were not here for education, but for a shortcut to landed immigrant status. It has been reported on numerous occasions about schools set up to milk the system and reap tuition fees.
The only people wringing their hands now are the immigration consultants who earned income on student placement, the colleges and universities who lined their pockets with higher tuition fees and the employers who padded their profit using cheap labour instead of hiring Canadians.
Now we're educating more of our own youth and creating a more qualified Canadian work force, instead of having to attract educated workers from other countries. It seems to me that is what our education system was supposed to do in the first place.
Graham Farrell Toronto
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针对“教育系统的不及格成绩单”(周日社论,10月4日):虽然加拿大人应该关注分数下降带来的学术衰退,但
关注数据。与其进行更多失败的测试,我们应该将资助测试计划的数百万资金重新投入到教室、教师、教育助理、专家以及更广泛的反贫困斗争中。
■ 马克·斯普纳 (Marc Spooner),里贾纳
感谢你们揭示了加拿大教育面临的复杂逆风。
在安大略省的读写能力方面,随着课程的更新和早期读写筛查机制的引入,情况正在发生变化。但即使学生通过了筛查,如果他们落后了,会发生什么?
许多学生,尤其是年龄较大的学生,继续在一个只给他们提供便利措施、修改成绩和笔记本电脑,而不是读写能力评估、适当干预和进度监测的系统中挣扎。除此之外,同一个教育局内部的不同学校之间缺乏一致性,更不用说省内不同教育局之间了。
我们怎么知道这一点?因为我们每天都在经历。我们的孩子在挣扎,而我们不得不从系统之外寻找解决方案。并非每个人都能做到,也不应该有人必须这样做。
我们需要政府更多的投资,以及教育局的问责。没有时间可以浪费。所有孩子都应该学习如何阅读。
■ 杰基·怀尔德 (Jackie Wylde),国际阅读障碍协会安大略分会副主席;多伦多
■ 艾莉森·宾 (Alison Bing),国际阅读障碍协会安大略分会主任;密西沙加
被看见
针对“我以为衰老让我变得隐形,但实际上我只是变成了保护色”(第一人称,10月5日):60岁就隐形了?还有希望。30年后,你将年届90岁,那时你将不敢相信自己所获得的关注。
没人能相信你依然活着,能无需帮助地行走,能睿智地交谈。如果我知道我在90岁时会如此被关注,我会希望早点走到这一步。
伊丽莎白·汤普森 (Elizabeth Thompson)
安大略省,奥克维尔
丹尼斯·肖奎特 (DENNIS CHOQUETTE)
商业报告副编辑
帕特里克·布雷瑟 (PATRICK BRETHOUR)
社论编辑
加里·萨莱维奇 (GARY SALEWICZ)
商业报告编辑
娜塔莎·哈桑 (NATASHA HASSAN)
观点编辑
马特·弗伦奇 (MATT FRENCH)
视觉主管
马特·弗雷纳 (MATT FREHNER)
产品与平台执行编辑
梅丽莎·斯塔休克 (MELISSA STASIUK)
编辑部发展主管
Re “The education system’s failing report card” (The Sunday Editorial, Oct. 4): While Canadians should be concerned about academic declines on scores from the
Follow the data. Rather than more failed testing, we should redirect the millions that fund testing programs back into classrooms, teachers, educational assistants, specialists and the more general fight against poverty.
■ Marc Spooner Regina
Thank you for shining a light on the complex headwinds facing Canadian education.
For literacy in Ontario, things are shifting with an updated curriculum and the introduction of early literacy screeners. But even when a student is screened, what happens if they are behind?
Many students, especially those who are older, continue to flounder in a system that gives them accommodations, modified grades and laptops instead of literacy assessments, appropriate interventions and progress monitoring. Added to this challenge, there is little consistency across schools within a board, let alone across boards within the province.
How do we know this? We live it every day. Our kids floundered and we had to find solutions outside the system. Not everyone can. No one should.
We need both more investment from the government and accountability from our school boards. There is no time to waste. All kids deserve to learn how to read.
■ Jackie Wylde VP, International Dyslexia Association Ontario; Toronto
■ Alison Bing Director, International Dyslexia Association Ontario; Mississauga
FEEL SEEN
Re “I thought aging had made me invisible, when really I had become camouflaged” (First Person, Oct. 5): Invisible by 60? There is hope. In 30 years’ time, you would be 90 and not believing the attention you receive.
Nobody can believe you're still alive, walking around unaided, talking intelligently. If I had known I was going to be this visible at 90, I would have gotten here sooner.
Elizabeth Thompson
Oakville, Ont.
DENNIS CHOQUETTE
DEPUTY EDITOR, REPORT ON BUSINESS
PATRICK BRETHOUR
EDITORIALS EDITOR
GARY SALEWICZ
EDITOR, REPORT ON BUSINESS
NATASHA HASSAN
OPINION EDITOR
MATT FRENCH
HEAD OF VISUALS
MATT FREHNER
MANAGING EDITOR,
PRODUCTS AND PLATFORMS
MELISSA STASIUK
HEAD OF NEWSROOM DEVELOPMENT
目前提交参议院的立法
将使这一目标成为现实
蒙蒂·戈什 (MONTY GHOSH)
埃里克·吉田 (ERIC YOSHIDA)
罗伯特·斯特朗 (ROBERT STRANG)
观点
蒙蒂·戈什是阿尔伯塔大学医学与牙科学院的副教授。
埃里克·吉田是英属哥伦比亚大学医学系的教授。
罗伯特·斯特朗是首席卫生官委员会主席。
当加拿大人选择啤酒、葡萄酒或烈酒时,大多数人考虑的是口味、价格或场合。很少有人会想到癌症。在加拿大,这种情况可能即将改变。
Bill S-202 目前在参议院进行三读,预计将于本月提交至众议院。
如果获得通过,它将成为首个通过议院审议的酒精标签法案。该法案将要求酒精产品携带清晰的健康警告,包括酒精与癌症、肝硬化、心理健康问题以及成瘾之间的直接联系。加拿大人有权获得关于我们消费的产品(包括酒精)健康风险的直接且基于证据的信息。
酒精饮料被归类为 Group 1 致癌物,这一称号仅用于那些被确凿证明会导致癌症的暴露因素。在加拿大杂货店销售的消费品中,只有 2 类属于此范畴:酒精饮料和加工肉类。酒精的致癌风险并非推测性的、间接的或有争议的。
其负担十分沉重。《自然》(Nature) 杂志的一项研究在分析了 30 种可改变的风险因素后,将酒精列为全球新发癌症病例的第 3 大原因,仅次于烟草吸烟和感染。据估计,在加拿大,如果没有酒精,2022年将减少近 9,500 例癌症病例和 3,900 例死亡。酒精也已成为加拿大肝移植的主要原因之一。
然而,公众对酒精严重健康风险的意识仍然较低。在饮酒的加拿大成年人中,只有 1 分之 3 的人知道酒精会导致包括乳腺癌、肝癌和结肠癌在内的七种不同类型的癌症。知道即使在每天饮酒 1 到 2 杯的“适度”水平下风险也会增加的人则更少。在这种水平下,估计男性的终身癌症风险增加 1 到 3 %,女性增加 2 到 5 %。简单来说,在每 100 名处于此饮酒水平的女性中,有 2 到 5 人会因为酒精而患癌。这些数字看起来可能很小,但在整个群体中,它们累积成了数以千计的可预防癌症。
批评者称这是在制造恐慌。但科学事实并非如此。酒精与伤害、酒驾、家庭暴力和其他社会危害相关。酒精被列为在加拿大造成伤害的首要物质。对个人的风险是真实的,在群体层面的损害是深远的。
经济成本同样触目惊心。据保守估计,酒精每年在加拿大造成的社会成本近 $20-billion,包括医疗保健和刑事司法成本,远超政府从酒精销售中获得的收入。
加拿大人已经习惯于要求具有健康风险的产品携带清晰的警告。药物会披露副作用和禁忌症。烟草和大麻产品显示显著的健康警告。高钠、高糖或高饱和脂肪的食品现在必须在包装正面携带警告符号。甚至能量饮料现在也需要“警告标签”。然而,酒精仍然是加拿大销售的少数无需在标签上告知此类风险的消费品之一。Bill S-202 将使酒精标签符合已经在加拿大监管体系中实施的消费者知情权标准。
警告标签有效吗?其目的是传达风险并支持知情选择,而非消除饮酒行为。由加拿大研究员埃琳·霍宾(Erin Hobin)和蒂姆·斯托克韦尔(Tim Stockwell)领导并发表在《柳叶刀-公共卫生》(The Lancet Public Health)上的一项针对数十年研究的分析发现,酒精标签能有效地传达健康风险,并支持更安全的饮酒决策。在现实场景中,此类标签还与适度但有意义的行为改变相关联,包括人均酒精销量下降 6%。
在一次针对近 10,000 名成年人的加拿大调查中,72% 的受访者表示,标明酒精与癌症之间联系的标签会让他们考虑减少饮酒。这就是知情决策,而非恐惧。
势头正在增强。在加拿大,来自全部 13 个省和地区的首席医疗卫生官发表的一份联合声明,呼吁在全国范围内强制执行酒精警告标签。越来越多的加拿大组织支持使用标签,包括加拿大癌症协会、加拿大医学会等。
政府长期以来一直承认,有责任通过健康标签向加拿大人告知产品风险。清晰的风险传达并非关乎禁令或道德评判,而是关乎透明度、一致性和知情选择。S-202 法案提供了一种低成本的方式,以弥合人们的认知与科学长期以来已确立的结论之间的差距。
Legislation currently
before the Senate would
make that a reality
MONTY GHOSH
ERIC YOSHIDA
ROBERT STRANG
OPINION
Monty Ghosh is an associate professor in the University of Alberta's Faculty of Medicine and Dentistry.
Eric Yoshida is a professor in the University of British Columbia's Department of Medicine.
Robert Strang is the chair of the Council of Chief Medical Officers of Health.
When Canadians reach for beer, wine, or spirits, most think about taste, price, or occasion. Few think about cancer. In Canada, this may be about to change.
Bill S-202 is now at third reading in the Senate and is expected to move to the House of Commons this month.
If passed, it would become the first alcohol labelling bill to clear a chamber of Parliament. The bill would require alcohol products to carry a clear health warning, including about alcohol's direct link to cancer, cirrhosis, mental-health concerns and addiction. Canadians have a right to straightforward, evidence-based information about the health risks of the products we consume – including alcohol.
Alcoholic beverages are classified as a Group 1 carcinogen, a designation reserved for exposures conclusively shown to cause cancer. Among consumable products sold in Canadian grocery stores, only two fall into this category: alcoholic beverages and processed meats. Alcohol's cancer risk is not speculative, indirect or disputed.
The burden is substantial. A study in Nature examining 30 modifiable risk factors ranked alcohol as the third-leading cause of new cancer cases worldwide, after tobacco smoking and infections. In Canada, it was estimated nearly 9,500 cancer cases and 3,900 deaths would not have occurred without alcohol in 2022. Alcohol has also become one of the leading causes for liver transplantation in Canada.
Yet public awareness of alcohol's serious health risks remains low. Only one in three Canadian adults who drink alcohol know that it causes seven different types of cancer, including breast, liver and colon cancer. Even fewer know that risk rises even at "moderate" levels of one to two drinks daily. At this level the estimated lifetime cancer risk increases by 1 to 3 per cent for men and 2 to 5 per cent for women. Put plainly, out of every 100 women who drink at this level, two to five will develop cancer because of alcohol. Those numbers may look small, but across a population they add up to thousands of preventable cancers.
Critics call this fear-mongering. The science says otherwise. Alcohol is associated with injuries, impaired driving, family violence and other social harms. Alcohol is ranked the top substance to cause harm in Canada. The risks to individuals are real and the damage at the population level is profound.
The economic costs are equally stark. Alcohol is conservatively estimated to impose nearly \$20-billion annually in societal costs in Canada, including health care and criminal justice costs, far exceeding government revenues from alcohol sales.
Canadians already expect products that pose health risks to carry clear warnings. Medications disclose side effects and contraindications. Tobacco and cannabis products display prominent health warnings. Foods high in sodium, sugars or saturated fat must now carry front-of-package warning symbols. Even energy drinks now require “cautionary labels.” Yet alcohol remains one of the few consumer products sold in Canada that is not required to communicate this risk on its label. Bill S-202 would bring alcohol labelling in line with the consumer right-to-know standards that already apply across Canada’s regulatory system.
Do warning labels work? Their purpose is to communicate risk and support informed choice, not to eliminate drinking. An analysis of decades of research, led by Canadian researchers Erin Hobin and Tim Stockwell and published in The Lancet Public Health, found that alcohol labels effectively communicate health risks and support safer alcohol decisions. In real-world settings, such labels are also associated with modest but meaningful behaviour change, including a 6-per-cent reduction in per capita alcohol sales.
In a Canadian survey of nearly 10,000 adults, 72 per cent said a label stating the alcohol-cancer link would make them think about cutting back. That is informed decision-making, not fear.
Momentum is building. In Canada, a joint statement from the chief medical officers of health from all 13 provinces and territories calls for nationally mandated alcohol warning labels. A growing number of Canadian organizations endorse labels, including the Canadian Cancer Society, the Canadian Medical Association, and others.
Governments have long recognized their responsibility to inform Canadians about product risks through health labelling. Clear risk communication is not about prohibition or moral judgment. It is about transparency, consistency and informed choice. Bill S-202 offers a low-cost way to close the gap between what people know and what science has long established.

9月,总理马克·卡尼在法国斯特拉斯堡的欧洲议会与欧洲议会议长罗伯塔·梅措拉(未在图中)共同出席新闻发布会。JUSTIN TANG / CP
劳伦斯·马丁 (LAWRENCE MARTIN)
观点

诺贝尔和平奖将于周五公布,总理马克·卡尼被认为是竞争者之一。我们可以想象一下,如果获奖的是这位加拿大人,而不是那位几乎每周都表现出对该荣誉极度渴望的白宫主人,会是怎样的情景?
唐纳德·特朗普声称他结束了不下八场战争。如果你将“战争”的定义调整为包括小规模冲突、激烈的争端和打斗,那么这是事实。
与其将奖项授予他,不如授予那位被他通过攻击而推向名声、且目前正致力于建立一个中等强国联盟以对抗特朗普霸权欺凌的加拿大人,如何?
特朗普将会陷入呆滞。他对终身邻居兼朋友加拿大的好战行为,将被视为比目前产生的影响更为严重的适得其反。
自1月在达沃斯世界经济论坛发表里程碑式演讲以来,卡尼先生因其在阐述反对特朗普理由时的沉稳与雄辩而广受赞誉,相比之下,特朗普在知识层面上只是个轻量级选手。
由于今年没有明显的热门人选,总理赢得诺贝尔奖的可能性有所增加。
但卡尼先生执政仅一年半。他还没有谈判达成一项和平条约或军备协议,也没有结束过一场战争。
在应对人工智能这一突然且令人担忧的世界和平威胁时,他一直犹豫不决。
今年就授予他诺贝尔荣誉还为时过早。我们需要看看他对抗特朗普的行动如何发展,以及在建立一个对抗美国总统的国际秩序方面是否取得了进展。
如果卡尼先生赢得诺贝尔奖,这会让人想起巴拉克·奥巴马在2009年获奖的情景,当时他就任总统还不到八个月。这一选择当时遭到批评,因为尽管他的演讲具有启发性,其多边主义理想值得称赞,但奥巴马当时在国际外交方面并没有实质性的成就。
他本人也对是否配得上这份荣誉表示过怀疑。如果卡尼先生获奖,他可能会有同样的感觉。
其他可能的获奖者包括乌克兰总统弗拉基米尔·泽连斯基、儿童权利倡导者米科拉·库列巴、教皇利奥十四世以及一个非人类实体——国际空间站。利奥教皇的工作不仅应因其反对国际冲突而受到关注,还应因其关于AI的通谕《伟大的一个人类》(Magnifica Humanitas)而受到关注,该通谕是对防止人类屈服于技术的响亮号召。但奇怪的是,令人好奇的是,自1901年设立以来,还没有任何一位教皇获得过诺贝尔和平奖。
加拿大个人获得诺贝尔奖的记录少得令人尴尬,可以用一个手指数过来,莱斯特·皮尔逊是1957年的唯一获奖者。(普格沃什科学与世界事务会议在1995年共同获奖。)美国有23位获奖者,英国12位,法国9位,而作为许多和平组织所在地的瑞士有6位。
卡尼先生赢得另一个著名奖项的机会要大得多:即《时代》杂志的“年度人物”荣誉。加拿大在这一殊荣上的记录比诺贝尔奖更为惨淡。该奖项自1927年起设立,我们一次也没有赢得过。
《时代》的认定并非和平奖,而是基于全球影响力及其新闻冲击力。预测市场将卡尼先生视为领先的竞争者。作为一名国际新闻人物,他在成为替代大国指令的另一种地缘政治愿景的旗手方面,已经超越了欧洲及其他国家的领导人。
卡尼先生并非在国内外始终抵制特朗普先生。他经常做出让步,但外国媒体的报道重点在于他的达沃斯演讲,以及他作为一名足够大胆、敢于反击特朗普关税的领导者形象。
除了福克斯新闻(Fox News)和极右翼媒体在听从特朗普先生白宫亲信的指使而定期攻击他之外,卡尼先生赢得了广泛的尊重。在本周接受《卫报》(The Guardian)采访时,加拿大国家足球队主教练、美国人杰西·马什(Jesse Marsch)将这位加拿大领导者冷静、睿智的气质比作奥巴马先生。
出生于威斯康星州的马什先生在言论中引发了争议,他表示美国人从小就“被宣传所淹没”,并且“觉得因为我们是美国人,所以理应受到不同的对待”。他表示,多民族的加拿大给人一种令人耳目一新的不同感,并赞扬了卡尼先生的多元化战略,尤其是他与欧洲的接触。
特朗普先生因 2016 年和 2024 年的选举胜利曾两次获得“年度人物”荣誉。今年,卡尼先生将是一个值得的获得者。这会激怒椭圆形办公室的那个煽动者,甚至可能导致更多的关税,或者让他再次给某个湖泊重新命名,从而进一步提升这位加拿大人的地位。

Prime Minister Mark Carney participates in a joint news conference with President of the European Parliament Roberta Metsola, not shown, at the European Parliament in Strasbourg, France, in September. JUSTIN TANG/CP
LAWRENCE MARTIN
OPINION

The Nobel Peace Prize is being announced Friday and Prime Minister Mark Carney is considered a contender. Can we imagine if it's the Canadian who takes the award and not the man in the White House who has hardly let a week go by without sounding desperate for the honour?
Donald Trump claims he has ended no fewer than eight wars. If you adjust the definition of war to include skirmishes, vigorous tussles and dust-ups, it's true.
Instead of him for the prize, how about the Canadian who he helped bring to fame with his attacks, and who is in the process of building a middle-power coalition against Mr. Trump's hegemonic bullying?
Mr. Trump would be catatonic. His belligerence toward lifelong neighbour and friend Canada would be seen to have backfired even more than it already has.
Since his landmark speech at the World Economic Forum at Davos in January, Mr. Carney has been praised widely for his poise and eloquence in articulating the case against Mr. Trump, who is an intellectual flyweight by comparison.
The possibility of the Prime Minister winning the Nobel is enhanced by the fact that there is no clear favourite this year.
But Mr. Carney has been in power only a year and half. He hasn't negotiated a peace treaty or an arms accord or ended a war.
He has been hesitant in addressing the sudden and alarming threat to world peace that is artificial intelligence.
To give him the Nobel honour this year would be premature. We need see how his campaign of resistance to Mr. Trump develops, if progress is made on an international order to counter the U.S. President.
Were Mr. Carney to win the Nobel Prize, it would bring to mind Barack Obama winning in it in 2009, less than eight months into his presidency. The choice was criticized because though his speechmaking was inspirational and his multilateral ideals laudatory, Mr. Obama had no tangible achievement in international diplomacy at the time.
He expressed doubts himself whether he was worthy of the honour. Mr. Carney might feel the same way were he to get it.
Other possible winners include Ukrainian President Volodymyr Zelensky, child rights advocate Mykola Kuleba, Pope Leo XIV and a non-person, the International Space Station. Pope Leo's work should be noted not only for his speaking out against international conflicts but for his AI encyclical, Magnifica Humanitas, a clarion call to prevent the human race from succumbing to technology. But oddly, curiously, no pope has won the Nobel Peace Prize since its inception in 1901.
Canada's Nobel winning record for individuals can be embarrassingly counted on one finger, Lester Pearson being the sole winner in 1957. (The Pugwash Conferences on Science and World Affairs was a joint winner in 1995.) The U.S. has had 23 winners, Britain 12, France nine, and Switzerland, home to many peace organizations, six.
Mr. Carney has a considerably better chance of winning another prestigious prize: Time Magazine's Person of the Year honour. Canada's record is even more dismal for this distinction than for the Nobel. It's been awarded since 1927. We've not won it once.
The Time designation is not a peace prize but is based rather on global influence and news impact. Prediction markets see Mr. Carney as a leading contender. As an international newsmaker, he has eclipsed European and other leaders in becoming the standard bearer for an alternative geopolitical vision to the dictates of the megapowers.
Mr. Carney hasn't always resisted Mr. Trump at home or abroad. Oftentimes he has given in, but the foreign press coverage has focused on his Davos speech and his being the leader bold enough to retaliate against the Trump tariffs.
With the exception of Fox News and far-right media taking their cue from Mr. Trump's White House minions and attacking him regularly, Mr. Carney has gained widespread respect. In an interview with The Guardian this week, Canada's national soccer team coach, Jesse Marsch, who is an American, compared the Canadian leader's calm, intelligent air to that of Mr. Obama.
The Wisconsin-born Mr. Marsch stoked controversy in saying Americans are “inundated with propaganda” from a young age and “feel like we deserve to be treated differently because we’re Americans.” Multi-ethnic Canada is so refreshingly different, he said, praising Mr. Carney for his diversification strategies, in particular his outreach to Europe.
The Person of the Year honour has gone to Mr. Trump twice for his election victories in 2016 and 2024. This year, Mr. Carney would be a worthy recipient. It would en- rage the Oval Office demagogue, maybe enough to bring on more tariffs or to have him rename another lake, thus enhancing the Canadian's stature all the more.
丽莎·韦德 (LISA WADE)
观点
《揭秘:危机中的大学将科学付诸考验》以及《美国约炮:校园性文化新趋势》作者
在简·多伊(Jane Doe)指控的一场长达七小时的性侵犯间隙,一名康奈尔大学 Chi Phi 兄弟会的成员向其兄弟会群聊发送了一条粗俗且大胆的短信。短信称,楼上有一名女性的身体是“免费”供人取用的。另一名成员随后回复道:“店还开着吗?”
这些话听起来不像是由那些担心自身行为会产生后果的男性所说。而且公平地说,兄弟会成员一直以来在犯罪后几乎无需承担任何后果。
在任何设有希腊字母社团(Greek life)的校园里,兄弟会房屋都是向未成年人提供酒精饮料的场所。许多地方还发生了欺凌(hazing)、非法药物使用、袭击与殴打,以及——没错——性暴力。然而,美国各学院和大学在追究这些成员责任方面的记录极其糟糕。
作为一名研究美国大学生活超过 15 年的社会学家,我了解到,冒险行为——以及更具破坏性的“制造风险”——并非偶然,而是长期以来构成那些拥有代际财富的历史性白人兄弟会成员身份之权力与快感的要素。
第一个社交兄弟会由一群就读于纽约州斯切内克塔(Schenectady)联合学院的男性于 1825 年创立,该地位于加拿大边境以南 170 英里处。Kappa Alpha 是一个仅限邀请制的组织,它让其富有的成员有机会将自己与他们认为较低等的同龄人隔离开来。随后,他们致力于做一些校方不希望他们做的事情——包括追求与女性发生性关系。“一两天前,我确实搞到了一个极品屁股,”一名兄弟会成员在 1857 年写给另一名成员的信中这样写道。
尼古拉斯·赛雷特(Nicholas Syrett)在其关于白人大学兄弟会的历史著作《他结交的公司》(The Company He Keeps)中写道:“兄弟会构成了一场反抗权威的叛乱。”他们公开违抗大学当局,主张此前被禁止的独立性,并从事“禁忌”活动。赛雷特先生写道,“这种快感不仅源于活动本身,还源于其非法性这一事实。”
这种排他、颓废且蔑视权威的秘密社团理念像野火一样迅速传播。新组织定期成立。到 1861 年,在高等教育日益普及的美国东部和南部各州,已有近 300 个分会。
各学院和大学的校长们对这一发展感到震惊。根据阿默斯特学院校长在 1863 年报告的一项针对这些领导者的调查,他们对如何清除这种“侵害”感到不知所措。他们将兄弟会描述为“有害的”、“瘟疫”和“邪恶的”。其中一人说:“它们导致的不友善和反感比大学里几乎任何其他事情都要多。”许多校长誓要消灭兄弟会,但失败了。
兄弟会的权力在接下来的 100 年里不断升级,但 1984 年是一个转折点。那一年,美国政府通知其 50 个州,联邦交通资金将很快取决于是否将法定饮酒年龄从 18 岁提高到 21 岁。到 1987 年,未成年学生唯一能可靠获得免费酒精的地方就是兄弟会房屋。
各类当局决定允许兄弟会继续向未成年饮酒者提供酒精,这向成员传递了一个明确的信号:你们被允许做非法的事情。兄弟会成员在面对欺凌行为时也几乎没有后果,而欺凌在 44 个州和哥伦比亚特区是违法的;在许多兄弟会房产中报告的惊人数量的袭击与殴打行为,以及这些组织中普遍存在的非法药物使用和交易,或者他们在 COVID-19 疫情高峰期违反公共卫生指令举办的罔顾生命的派对,同样鲜少受到惩处。
如果许多兄弟会与其说是社交俱乐部,不如说是犯罪俱乐部,那么为什么学院和大学会对它们如此小心翼翼?部分原因是,繁荣的“希腊生活”(Greek life)是一项巨大的资产。兄弟会和姐妹会拥有价值数十亿的房地产,每年为25万名学生提供住宿。通过将资金投入派对,兄弟会为学生提供了成年人在坚持认为大学将是“你人生中最美好的时光”时所承诺的那种喧闹的快感。由于它们通常在私人财产上运作,兄弟会使其依托的教育机构免于承担部分责任。而且在财务上,这是一笔意外之财。倾向于派对的学生更有可能申请并支付全额学费,而与兄弟会相关的校友则贡献了极高比例的捐款。这些更广泛的人脉网络对于在精英职业中获得高地位的工作也极具价值,这同样提升了学校的声誉。
极少数情况下,在丑闻发生后,会出现真正的问责。但即便是一些真正令人作呕的争议,到目前为止也几乎没有削弱传统兄弟会男性的权力。我们不应期待会有不同的结果。兄弟会经常培养的那种特权感,以及更广泛的制度性顺从,正是我们既爱又恨它们的原因。而最近的这起丑闻则揭露了这些男孩们实际上可以多么肆无忌惮地糟糕。
KONRAD YAKABUSKI 将回归。
LISA WADE
OPINION
Author of Exposed: A College in Crisis Puts Science to the Test and American Hookup: The New Culture of Sex on Campus
During a lull in what Jane Doe has alleged was a seven-hour sexual assault, a Cornell University Chi Phi brother sent a vulgar but audacious text to his fraternity group chat. It stated that a woman's body was "free" for the taking upstairs. Another member later responded: "Shop still open?"
These do not appear to be the words of men who fear consequences for their behaviour. And in fairness, fraternity men commit crimes with little consequence all the time.
On any given campus with Greek life, fraternity houses are sites where alcohol is served to minors. Many are also places where hazing, illegal drug use, assault and battery, and, yes, sexual violence occur. Yet U.S. colleges and universities have an abysmal record of holding brothers accountable.
As a sociologist who's studied U.S. college life for more than 15 years, I've learned that risk-taking
\- and more perniciously, risk-making - is not incidental, but rather long constitutive of the power and pleasure of membership in historically white fraternities with generational wealth.
The first social fraternity was founded in 1825 by a group of men at Union College in Schenectady, N.Y., 170 miles south of the Canadian border. An invite-only organization, Kappa Alpha gave its wealthy members the opportunity to segregate themselves from peers they considered lesser. They then endeavoured to do things the administration did not want them to do – including the pursuit of sex with women. “I did get one of the nicest pieces of ass some day or two ago,” wrote one fraternity man to another in 1857.
“Fraternities constituted a rebellion against authority,” wrote Nicholas Syrett in The Company He Keeps, his history of white college fraternities. They openly disobeyed college authorities, asserted a previously disallowed independence, and engaged in “forbidden” activities. “[T]he thrill derived,” wrote Mr. Syrett, “not just from the activities themselves but also from the fact of their illegality.”
The idea of an exclusive, decadent, nose-thumbing secret society spread like wildfire. New organizations were formed with regularity. By 1861, there were nearly 300 chapters in the eastern and southern U.S. states, where higher education was gaining ground.
College and university presidents were mortified by this development. A survey of these leaders, reported by the president of Amherst College in 1863, found them flabbergasted about how to rid themselves of the infestation. They described fraternities as “injurious,” a “plague,” and “evil.” “They have led to greater unkindness and ill feeling than almost any thing [sic.] else in college,” said one. Many presidents vowed to eliminate fraternities but failed.
The power of fraternities escalated throughout the next 100 years, but 1984 was a turning point. That year, the U.S. government informed its 50 states that federal transportation funding would soon be contingent on raising the legal drinking age from 18 to 21. By 1987, the only place an underage student could reliably get free alcohol was a frat house.
The decision by authorities of all kinds to allow fraternities to persist in serving underage drinkers sent a clear message to members: You are allowed to do illegal things. Fraternity brothers also face few consequences for hazing, which is illegal in 44 states and the District of Columbia; for the shocking amount of assault and battery reported on many of their properties; for the illegal drug use and dealing ubiquitous in these organizations; or for the death-defying parties they threw during the height of the COVID-19 pandemic in violation of public health orders.
If many fraternities aren't so much a social club as a criminal club, why do colleges and universities treat them with kid gloves? In part, it's because a thriving Greek life is a huge asset. With billions in real estate, fraternities and sororities house a quarter-million students each year. In funnelling money toward partying, fraternities provide students the raucous good time adults promise when they insist college will be “the best time of your life.” Because they often operate on private property, fraternities shield their host institutions from some liability. And it’s a windfall financially. Party-oriented students are more likely to apply and pay full tuition and Greek-affiliated alumni contribute an outsized portion of donations. These broader networks are also valuable for securing high-status jobs in elite occupations, which also boosts a school’s reputation.
Every blue moon, after a scandal, there is genuine accountability. But even the truly grotesque controversies have thus far done little to undermine old-line fraternity men's power. We shouldn't expect otherwise. The sense of entitlement so often cultivated by fraternities, and the broader institutional deference to them, is why we both love and hate them. And this latest scandal alleges how brazenly bad the boys really can be.
KONRAD YAKABUSKI will return.
小型空间正成为一种大趋势。加拿大统计局的《新住房报告》发现,公寓(condominium apartments)已成为加拿大最主要的住宅类型。报告显示,2024年加拿大完工的房屋中(不含租赁房),公寓占比为45.1%,高于十年前的38.6%。物理空间的缩小并不意味着你必须在风格上妥协,但要最大化每一件进入空间的物品所产生的影响,需要采取深思熟虑的方法。
“(人们在布置小型空间时)最常见的错误是空间过于拥挤、选择的家具过大、忽视储物和照明,或者为了追求美学而牺牲舒适度和活动便捷性,”魁北克家具店 Tanguay 的家具部门总经理吉尔·加侬(Gilles Gagnon)表示。
以下是 5 个专家建议,旨在将您的居住空间潜力发挥到极致。

寻找适合空间的家具
这看起来似乎显而易见,但实际操作起来可能比你想象的更复杂。许多人的一个误区是认为家具越大越舒适,而事实并非如此。
举例来说,假设您正在布置一个较小的餐厅空间。Tanguay 家具部门的餐厅采购员埃曼纽尔·图尔科特(Emmanuelle Turcotte)建议寻找可以整齐地推入桌下的餐椅。
“您可以选择一把没有扶手且非常舒适的椅子,它体积稍小,能让人们在桌周围更方便地走动,”图尔科特说。“这就是人们容易犯的错误。他们买一把更大的椅子,因为认为这样会更舒服。但这样会让空间显得非常狭小,尤其是如果[是一张小桌子]配一把大椅子——空间会被压缩。”
笨重的家具会减少您的活动空间,从而降低空间的舒适度。
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Small spaces are trending in a big way. Statistics Canada's New Housing Report finds that condominium apartments have become the most prominent dwelling type in Canada. In 2024, 45.1 per cent of completed homes in Canada excluding rentals were condos, according to the report – an increase from 38.6 per cent a decade prior. A smaller physical footprint doesn't mean you have to skimp on style. But maximizing the impact of each piece you bring into the space requires a thoughtful approach.
"The most common mistakes [people make when furnishing a small space] are overcrowding the space, choosing furniture that is too large, neglecting storage and lighting or prioritizing aesthetics at the expense of comfort and ease of movement," says Gilles Gagnon, general manager, furniture department at Tanguay, a Quebec-based furniture store.
Here are five expert tips for maximizing your living space to its full potential.

FIND FURNITURE THAT FITS THE SPACE
This may seem like a no-brainer, but it can be more complicated than you think. A misconception many people have is that bigger furniture means more comfort, which couldn't be further from the truth.
Let's say you're furnishing a smaller dining room space, for example. Emmanuelle Turcotte, a dining room buyer in Tanguay's furniture division, recommends looking for dining chairs that can be neatly tucked into your table.
"You can have a very comfortable chair without an arm, which is a bit smaller and makes it easier to circulate around the table," Turcotte says. "That's the mistake people can make. They buy a bigger chair because they think it will be more comfortable. But the space will look very small that way, especially if [it's a small table] with a big chair – it will shrink."
Bulky furniture leaves you less room to move around, making a space less comfortable.
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家具的颜色和材质与尺寸同样重要。对于小型空间,选择透明家具(由玻璃、透明亚克力制成或带有纤细金属腿的家具)以及浅色调,有助于营造出空间感。
“让光线和视线在整个空间中自由流动,”

Series 8207 Rounded Media Console 63'
加侬说道。“可以透视的家具能瞬间营造出房间更大的错觉。”
例如,在选择客厅沙发时,加侬建议选择一个带有窄扶手和高腿的紧凑型号,这样可以让光线从下方穿过,从而在视觉上营造出更多地板空间的错觉。可以参考 Tanguay 的 5 件套餐厅组合,它配备了玻璃桌和无扶手餐椅。

Carol Dining Table
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The colour and material of your furniture are just as important as the size. For small spaces, opting for transparent furniture – made of glass, clear acrylic or with slim metal legs – and light colours can help to create the image of space.
"Allow light and sightlines to flow freely throughout the space,"

Series 8207 Rounded Media Console 63'
Gagnon says. "Furniture that can be seen through instantly creates the illusion of a larger room."
For example, when it comes to your living room couch, Gagnon advises choosing a compact model with narrow armrests and raised legs, which allow light to pass underneath and can create the visual illusion of more floor space. Consider Tanguay's 5-Piece Dining Room Set that features a glass table and arm-less chairs.

Carol Dining Table
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住在小型公寓里通常意味着您的客厅和餐厅实际上是同一个房间。家具和配件可以被巧妙地用来创造分离感和不同的功能区。
一个关键工具是什么?一块出色的地毯。“如果客厅与另一个区域(如玄关或厨房)相连,请使用一块大地毯来清晰地定义生活空间,”加侬建议。
如果您希望在不遮挡自然光的情况下区分功能,低矮沙发的背面或一个边柜也可以作为微妙的房间分隔物。
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Living in a small apartment often means that your living and dining rooms are really one room. Furniture and accessories can be artfully used to create the feeling of separation and distinct zones.
A key tool? A great rug. "If the living room is open to another area, such as the entryway or kitchen, use a large rug to clearly define the living space," Gagnon advises.
If you're looking to separate functions without blocking natural light, the back of a low-profile sofa or a sideboard can also work as a subtle room divider.
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在规划居住空间时,您需要考虑空间的动线以及能否在其中流畅地移动。
“每一英寸都至关重要,”加侬(Gagnon)表示,“家具的摆放很容易阻塞主要通道,挡住门、窗或衣柜门的开启,并妨碍使用电源插座。”
对于餐厅和客厅空间,图尔科特(Turcotte)建议使用圆形或圆桌,这有助于人们自然地在桌周围走动,而不会堵塞通道或使房间显得狭小。

圆形餐桌

带有储物功能和内置床铺的 Nuvola 组合沙发
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When it comes to your living space, you'll want to take into account the flow of the space and your ability to move through it seamlessly.
"Every inch counts," Gagnon says. "Furniture placement can easily obstruct main walkways, block the opening of doors, windows or closet doors and hinder access to electrical outlets."
For dining and living room spaces Turcotte recommends round or circular tables, which help people naturally circulate around the table without blocking off walkways and shrinking the room.

Round Dining Table

Nuvola Sectional with Storage and Built-In Bed
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任何住在小房子里的人都知道储物空间匮乏,这意味着您的家具必须发挥更大的作用。加侬建议选择双用途家具,以减少空间内家具的总数。
“放置在客厅中央或窗户下方的长方形或圆形脚凳,既可以作为脚托、额外的座位,也可以作为存放毯子、靠垫或玩具的隐藏储物方案,”加侬说道。
您的大型家具同样可以兼顾功能性、舒适度和美观。例如,Tanguay 的 Nuvola 带有储物功能和内置床铺的组合沙发,既提供了内置储物空间,又为过夜客人提供了额外的睡眠选择。
其他技巧和窍门还包括使用嵌套桌(可根据需要轻松堆叠或扩展),或者在客厅使用升降咖啡桌(可提升至舒适的高度用于用餐或使用笔记本电脑工作),从而将您的客厅同时变为餐厅和居家办公室。
对于图尔科特来说,这些专家建议进一步证明,房间的设计质量取决于风格塑造和战略决策,而非尺寸。她说:“[尺寸] 并不影响产品的外观或质量,也不影响您的居住空间。”
Anyone who has lived in a small home knows that storage is sparse, meaning your furniture has to work even harder. Gagnon recommends opting for dual-purpose pieces that reduce the overall number of furniture pieces in your space.
"A rectangular or round ottoman placed in the center of the living room or beneath a window can serve as a footrest, an extra seat and a hidden storage solution for blankets, cushions or toys," Gagnon says.
Your larger pieces can be equally functional, comfortable and nice to look at. Tanguay's Nuvola Sectional with Storage and Built-In Bed, for example, acts as both built-in storage and additional sleeping options for overnight guests.
Additional tips and tricks include using nesting tables, which can be easily stacked or extended as needed, or a lift-top coffee table in the living room, which can be raised to a comfortable height for dining or working on a laptop, turning your living room into both a dining room and in-home office.
For Turcotte, these expert tips reinforce that the design quality of a room comes down to styling and strategic decision-making – not size. "[Size] doesn't affect the look or the quality of the product, or your living space," she says.



TIFF 首席编程官 Anita Lee(左起)、 市场负责人 Charles Tremblay、 首席执行官 Cameron Bailey、文化部长 Marc Miller、加拿大电影发展局(Telefilm Canada)董事兼首席执行官 Julie Roy 以及前多伦多市长兼候任 董事会主席 John Tory 参加 9 月 12 日在多伦多举行的市场剪彩仪式。BRIAN DE RIVERA SIMON / GETTY IMAGES
市场负责人 Charles Tremblay 与《环球邮报》坐下来讨论数据背后的含义
BARRY HERTZ
荧幕时间

上个月,多伦多国际电影节()首届官方市场的组织者宣布,该活动在各方面都取得了成功,组织者称赞其“出席人数众多,场次售罄,且成交额亮眼”。
然而,这个在多伦多会议中心(MTCC)举行、为期七天、旨在促成电影、电视和互动内容买卖交易的市场——且由 $23-million 联邦资金支持——其背后的数据却讲述了一个不同的故事。
而这正是 TIFF 市场负责人 Charles Tremblay 想要澄清的故事。上周,Tremblay 在接受《环球邮报》的一次广泛采访中,讨论了该组织自 2010 年 Lightbox 总部开业以来最大的一次豪赌中的高潮与低谷。
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TIFF chief programming officer Anita Lee, from left, TIFF market head Charles Tremblay, TIFF CEO Cameron Bailey, Culture Minister Marc Miller, Telefilm Canada director and CEO Julie Roy and former Toronto mayor and incoming TIFF board chair John Tory attend the ribbon-cutting ceremony for the market on Sept. 12 in Toronto. BRIAN DE RIVERA SIMON/GETTY IMAGES
Market head Charles Tremblay sits down with The Globe to discuss what the numbers say
BARRY HERTZ
SCREEN TIME

Last month, organizers behind the inaugural edition of the Toronto International Film Festival's official market proclaimed that the event was a success across the board, with organizers hailing “strong attendance, sold-out sessions and marquee sales.”
Yet the numbers behind the market, which gathered buyers and sellers of film, television and interactive content for seven days of hopeful deal-making inside the Metro Toronto Convention Centre (MTCC) – and which was made possible by \$23-million in federal funding – tell a different story.
And that's a story that TIFF's market head Charles Tremblay wants to clarify. Sitting down with The Globe last week for a wide-ranging interview, Tremblay discussed the highs and lows of the organization's biggest bet since the 2010 opening of its Lightbox headquarters.
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您能允许我对您前几周在文章中提到的一些内容做进一步说明吗?
去年12月,TIFF表示将提供650个市场放映时段,但发布的内容显示仅预订了196个,这表明需求量与库存相比不足。
650这个数字包含了每个电影节影片都拥有的媒体放映和市场放映的总和,但总数在3月左右被削减至450个。原因是我们原计划在多伦多会议中心(MTCC)内部搭建三个影院,但由于在第一年从物流和运营层面来看工作量太大,这些计划被取消了。因此,我们的库存数量下降了。实际数字是196场付费市场放映,以及255场媒体和市场放映,总计约为450场。这就是这些数字的由来,但我明白这需要一个解释。
另一个数字是市场代表人数。您提到今年有7,010人,与TIFF之前“非正式的旧方案(通常吸引5,000人来到这座城市)”相比增长了40%。但TIFF去年公布的资料显示,2025年电影节有6,000名行业代表,这意味着今年的出席人数仅增长了16%。
我可以告诉您的是,自从我上任以来,我们一直以5,000人为基准。我不是要否定之前的数字,但对我来说关键的数字是7,000。对于第一年来说,这是一个非常稳健的数字,而且无论如何都是在增长。从运营角度来看,就胸卡销售而言,我们达到了收入目标。
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Will you allow me to shed light on a few things you said in your article the other week?
Last December, TIFF said it'd provide 650 market screening slots, but the release said just 196 were booked, suggesting a lack of appetite compared with inventory.
The 650 number included the combined press and market screenings that every festival title gets, but the total number got cut down to 450 around March. The reason for that is we had planned on building three theatres inside the MTCC, and those plans were dropped because it was too heavy a lift for our first year, logistically and operationally. So that brought our inventory down. The actual number is 196 paid market screenings, and then 255 press and market screenings for a total around 450. That's how we get to those numbers, but I get that it requires an explanation.
The other number was market delegates. You said there were 7,010 this year, a 40-percent increase compared with TIFF's 'informal, previous offering, which typically drew 5,000 people to the city.' But materials published by TIFF last year noted 6,000 industry delegates at the 2025 festival, making the attendance jump this year just 16 per cent.
What I can say is that ever since I started, we've always worked with 5,000. Not to dismiss it, but the number that matters to me is 7,000. That's a very solid number for the first year, and an increase regardless. From an operational point of view, we met our revenue target as far as badge sales go.
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很难说——我认为那是很久之前的预测。这是有可能的。对我而言,市场最重要的事情是成为行业所需要的样子。我知道这听起来很模糊,但我觉得只要它对那些感兴趣且有需要的人有用,我们就成功了。这不是为了增长而增长。即使人数是10,000或9,500,这个市场依然可以为行业提供非常优质的服务。它首先需要服务于加拿大本土行业,然后才是满足国际行业的任何需求。
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Hard to say – I think those were projections from way back. It's conceivable. For me, the important thing for the market is to become what it needs to be for the industry. I know that sounds vague, but it feels like as long as it's useful for the people who are interested and need it, then we're good. It's not growth for the sake of growth. The market could be a very good service to the industry even if it's 10,000 or 9,500. It needs to be for the Canadian industry first, and then whatever the international industry needs it to be.
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市场参与度由两个部分组成。核心部分是卖家和买家,他们约占代表人数的三分之一。另一部分则是绝大多数的人员,他们是为了参加议程而来的。他们参加市场是为了建立人脉、参加讲座等等。这两类人群的目标截然不同。对于绝大多数为了议程而来的人来说,市场放映的机会和场地的质量并不重要。而对于主要参加议程的人员,反馈是压倒性的积极。我们将会议数量增加了一倍,从 40 场增加到 85 场。演讲者的数量也增加了一倍。参与人数几乎翻了三倍,从 6,000 人左右增加到 16,000 人。
在作为达成交易的场所方面,我们只看到了两笔值得注意的销售:环球影业(Universal)支付 $10-million 收购 River,这在某种程度上是一种回购情况;以及索尼(Sony)为《外科医生》(The Surgeon)锁定了关键市场,不过我们没有具体金额。关于市场活动激发了多少其他业务,您有最新进展吗?
没有。坦白说,销售代理在每次达成交易时不会都打电话通知我们。有些是大规模且引人注目的交易,会出现在行业刊物上,然后是一些较小的交易。我可以地说的是,我交谈过的许多销售代理对他们进行的优质会议数量及其质量感到惊讶地满意。至于业务量,我们将在接下来的几天内发送一份调查问卷,看看他们愿意分享多少信息。如您所知,美国电影市场(American Film Market)即将举行,因此在这里开始的一些讨论可能会在洛杉矶达成最终协议。
我们谈了很多关于电影方面的内容,但该市场的启动初衷是成为一个内容市场,同时也关注电视和互动项目。但我们还没有听到太多关于这方面业务的消息。
我想说这是第一年,而且市场通常是以电影为导向的。在议程中,我们有相当一部分电视项目。这个领域有增长空间吗?我认为有。我对我们设立的沉浸式中心感到满意。但是的,我不会否认大部分是电影。随着时间的推移,这种情况必然会改变。
这个市场之所以存在,很大程度上是因为联邦资金。渥太华方面在寻求什么样的投资回报?您认为他们在首届活动中实现了吗?
我相信他们实现了。这体现在质量和实质内容上。在收入方面,他们并没有设定一个必须达到的具体目标。他们想要的是一个能为加拿大产业提供支持并吸引全球关注的内容市场。我们还没有与他们进行正式审查,但我相当自信他们会非常满意。我知道 Telefilm 对他们在展位上的活动感到非常兴奋。而且实验室、知识产权(IP)交换、项目市场,所有这些项目绝大多数都是由加拿大人参与的。
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There are two components to market attendance. The core of it is sellers and buyers, who represent about a third of the delegates. The other part, the vast majority, are there for the programming. They attend the market to network, go to talks, et cetera. Those two contingents have quite different objectives. The availability of market screenings and the quality of the venues are of no concern to the vast majority of the people there for the programming. The people mostly there for the programming, the feedback is overwhelmingly positive. We doubled the number of sessions, 40 to 85. The number of speakers doubled. Attendance almost tripled from around 6,000 to 16,000.
In terms of being a place where business gets done, we only saw two sales of note: Universal paying US\$10-million to acquire River, which was kind of a buy-back situation, and Sony securing key markets for The Surgeon, which we don't have a number for. Do you have an update on how much other business was sparked from market activity?
I don't. To be honest, sales agents don't call us every time they make a sale. You have those big splashy deals that make it into the trade publications, and then smaller things. What I can say is that a lot of sales agents I talked to were surprisingly pleased by the number of good meetings that they had, the number of them and the quality. As for the volume of business, we're sending out a survey in the next couple of days, and we'll see how much they're willing to share. As you know, the American Film Market is upcoming, so some of the discussions started here will maybe close in L.A.
We're talking a lot about the film side, but this was launched with the intention of being a content market, with a focus on TV and interactive projects, too. But we haven't heard much about business on that side.
I would say it's the first year and markets in general are geared toward films. In programming, we had a good chunk of TV projects. Is there room to grow that sector? I think so. I'm pleased with the immersive hub we had. But yes, I won't deny the larger part was film. That's bound to change over the years.
A big reason that this market exists is because of federal money. What kind of return on investment was Ottawa looking for, and do you think that they found it in the inaugural edition?
I believe they did. It was in terms of quality and substance. There wasn't a set target that they needed in terms of revenue. What they wanted was a content market that would deliver for the Canadian industry and bring the world here. We haven't had an official review with them, but I'm fairly confident that they would be quite happy. I know Telefilm was thrilled with the activity they had at their stand. And the labs, the IP exchange, the project market, all these programs had majority Canadian participation.
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自有收入部分相当可观,但我不知道有多少类似的市场是完全没有公共资金支持的。在投资比例较低的情况下,它可能依然能取得成功。但完全没有?我认为会很困难。
本访谈经过了压缩和编辑。
The earned revenue component is pretty substantial, but I don't know of many similar markets that are completely without public funding. It can be successful with probably a lower share of investment. Without any? I think it would be difficult.
This interview has been condensed and edited.
在线互联网销售。”

拉塔和斯蒂芬·米切尔(父)之子,斯蒂芬·米切尔(子),在从肯尼思·劳处购买毒药后自杀身亡。他们出现在CBC的新纪录片《毒药贩子》(The Poison Seller)中。CBC / BLUE ANT STUDIOS
J. KELLY
NESTRUCK

电视评论
《罗密欧与朱丽叶》那令人心碎的力量,源于莎士比亚对最终戏剧事件的编排方式。
罗密欧从一名药剂师那里购买了致命毒药,而此时一封本可以阻止他自杀的信件正在途中。由于瘟疫爆发,信件的送达延迟了片刻,未能及时传到他手中。
《毒药贩子》是一部关于肯尼思·劳(Kenneth Law)令人胆寒案件的新纪录片,将于周三晚上在CBC的《热情的眼睛》(The Passionate Eye)节目中首播。这部纪录片之所以具有震撼力,原因与此类似。
在45分钟的片长中,纪录片概述了阻止劳的那些令人痛心的错失机会。劳曾是一名加拿大的厨师,他在疫情期间转型在网上销售自杀套装和致命物质。
公共政策的失效和执法漏洞意味着,在被逮捕之前,劳涉嫌向全球41个国家的客户寄出了1,200个包裹。
那些被社会忽略的信息,一直困扰着斯蒂芬·米切尔(子)的家人。这名年轻人是劳在安大略省的14名受害者中的最后一名。
由丽贝卡·斯诺(Rebecca Snow)编剧并导演的《毒药贩子》多次展示了一张导致米切尔死亡的时间线图表——并在其中不断增加红点,标出当局在米切尔死亡前本可以采取行动的时刻。
许多事情其实就发生在光天化日之下。《环球邮报》记者迈克·哈格(Mike Hager)在2023年劳被捕前几天曾与其进行过电话采访。
在哈格的采访录音中,可以听到劳说:“他们病得很重,需要某种方案来解决他们的问题。我只是在展现同情心。”
屏幕上的文字强调了这段话中的矛盾之处:他在安大略省的14名受害者年龄均在16至36岁之间。
哈格的录音在《毒药贩子》中首次公开。这是我们唯一能听到劳本人的声音。他拥有多个学位,并且在2009年曾因发明一种名为esc-Mode(“逃生模式”)的设备而登上《加拿大商业》(Canadian Business)杂志,该设备旨在帮助轮椅使用者在紧急情况下快速离开建筑。
后来,劳的escMode域名被用于更阴暗的目的,成为了他用来向有自杀倾向的人销售毒药的两个网站之一。
哈格及其报道在《毒药贩子》中占据重要位置。片中没有旁白,而是由他及其同事科林·弗里斯(Colin Freeze)讲述构成故事主干的事实,而受害者家属的证词则填补了这些罪行带来的情感冲击。
用“谋杀”来形容劳所做的事是否恰当?斯蒂芬的哥哥伊森·米切尔(Ethan Mitchell)在回答前陷入了沉思。他在纪录片中说:“我不想在这个问题中剥夺我兄弟的自主权。”
“但对我来说,肯尼思·劳就是一个潜伏在支持自杀论坛上的怪物,试图向那些极其脆弱的人推销产品。除了‘数字大规模谋杀’,我想不出其他任何词来形容它。”
在劳承认14项较轻的协助自杀罪名后,检方撤销了对他的一级谋杀指控。
“我们在这里看到的是,一种典型的21世纪犯罪试图被强行塞进一个20世纪的法律体系中,”弗里斯在纪录片中说道。
“我们没有法律能够处理这样一个通过……在全球范围内造成大规模死亡的嫌疑人。”
在纪录片中,调查网络犯罪的挑战似乎并没有那么艰巨。弗里斯在一段序列中起到了核心作用,该序列演示了一种技术,据称该技术将劳与一个用户名联系起来,该用户在自杀论坛的私信中推销其致命商品。
《毒药贩子》没有时间深入探讨自由放任的互联网政策等更宏大的议题——以及所有出于意识形态或追逐利润而强烈抵制监管举措的力量。
一名自杀男子的姐姐指出,那个鼓励他自杀的论坛在某些谷歌搜索结果中排名靠前。
Freeze和Hager继续跟进报道。上月底,《环球邮报》在安大略省的新马基特(Newmarket)报道了作为Law量刑听证会第一阶段一部分的受害者影响陈述。
法庭听取了一名44岁英国男子的相关情况,他于今年1月去世。2023年,警方曾对他进行过健康检查,他告诉警方已经处理掉了Law卖给他的物质,但事实并非如此。
“噢,真正的药剂师,你的药效真快,”罗密欧在喝下那一小杯毒药时说道。
相比之下,Law的毒药就像正义一样缓慢。米切尔(Mitchell)一家呼吁启动公开调查,这一主张理由充分。
online internet sales."

The son of Latha and Stephen Mitchell Sr., Stephen Mitchell Jr., died by suicide after purchasing poison from Kenneth Law. They appear in CBC's new documentary The Poison Seller. CBC/BLUE ANT STUDIOS
J. KELLY
NESTRUCK

TELEVISION
The tragic power of Romeo and Juliet comes from the way Shakespeare sequences its final dramatic events.
Romeo buys lethal poison from an apothecary while a letter is on the way that would stop him from taking his life. The message's arrival is delayed just a moment too long to reach him because of an outbreak of pestilence.
The Poison Seller, a new documentary about the chilling case of Kenneth Law that has its broadcast premiere on CBC's The Passionate Eye on Wednesday night, is powerful for similar reasons.
Over the course of its 45-minute running time, the documentary outlines the tragic lost opportunities to have stopped Law, a Canadian former cook whose pandemic pivot was to sell suicide kits and lethal substances online.
Public-policy failings and law-enforcement gaps meant that Law allegedly shipped 1,200 packages to 41 countries around the world before he was arrested.
The messages that society missed haunt the family members of Stephen Mitchell Jr., a young man who was the last of Law's 14 victims from Ontario.
The Poison Seller, written and directed by Rebecca Snow, repeatedly shows a graphic of the timeline leading up to Mitchell's death
\- and adds more and more red dots indicating moments at which authorities could have taken action before he died.
Much of what happened took place in the open. Globe and Mail reporter Mike Hager interviewed Law over the phone days before his arrest in 2023.
“They were very ill and they need some solution to their problem,” Law is heard saying in Hager’s recording of the interview. “I’m just being compassionate.”
On-screen text underlines the dissonance in this statement: His 14 Ontario victims were all between the ages of 16 and 36.
Hager's recording is made public for the first time in The Poison Seller. It's all we get to hear from Law himself, who had multiple degrees and, in 2009, was profiled in Canadian Business magazine for inventing a device called esc-Mode - “escape mode” - that could help wheelchair users leave buildings quickly in an emergency.
Later, Law's escMode domain was used for darker purposes, hosting one of two websites he used to sell poison to those experiencing suicidal ideation.
Hager and his reporting are prominently featured in The Poison Seller. Instead of a narrator, he and his colleague Colin Freeze tell the facts that form the spine of the story, and testimony from families of the victims fill in the emotional impact of the crimes.
Is murder the right word for what Law did? Ethan Mitchell, Stephen's brother, sits with the question before responding. "I don't want to take my brother's autonomy out of this question," he says in the documentary.
“But to me, Kenneth Law was a monster sitting on pro-suicide forums looking to sell a product to people who were so vulnerable. I can’t see it as anything other than digital mass murder.”
The Crown stayed first-degree murder charges against Law when he pleaded guilty to 14 counts of the lesser crime of aiding suicide.
“What we see here is a very 21st-century crime trying to be jammed into a 20th-century legal system,” Freeze says in the documentary.
"We don't have laws that can deal with a suspect who is causing mass death globally, through
The challenges of investigating crime online don't seem overly daunting in the documentary. Freeze is central to a sequence demonstrating a technique that allegedly connects Law to a username that slipped into direct messages on suicide forums to advertise his deadly wares.
The Poison Seller doesn't have time to delve into larger issues of laissez-faire internet policies – and all the forces that push back hard against moves toward regulation, for ideological or profit-seeking reasons.
The sister of one man who took his own life notes how the forum where he was encouraged to do so is at the top of certain Google search results.
Freeze and Hager continue to follow the story. Late last month, The Globe was in Newmarket, Ont., reporting on victim-impact statements as part of the first phase of Law's sentencing hearing.
The court heard about a 44-year-old British man who died only this January. He had been visited by police in 2023 for a wellness check and told them he had disposed of the substance that Law sold him, but he hadn't.
“Oh, true apothecary, thy drugs are quick,” Romeo says as he takes his dram of poison.
Law's poison, by contrast, is as slow as justice. The case for a public inquiry, which the Mitchell family is calling for, is strong.
第一人称

插画:德鲁·香农(DREW SHANNON)
唐娜·伊莱恩·威廉姆斯(Donna Elaine Williams)写道,尽管我们的生活截然不同,但我仍想起了我与哥哥共同拥有的一切。
哥哥去世后,我继承了一千张唱片。这些专辑并非名义上留给我的遗产,而仅仅是被遗留在他的车库里。那个车库在冬天被顶部的丙烷加热器烘得暖烘烘的,墙上贴满了 Kokanee 啤酒纸箱,檐口则摆满了平沿棒球帽。工业货架上放着一套娱乐中心:一台旧电脑连接着一台 80 年代的电视机,他曾声称用外国 IP 地址在上面看大片;旁边是一个铺了地毯的架子,上面放着一台唱片机,下方则是一个贴满贴纸的迷你冰箱。两只巨大的扬声器像哨兵一样守在数百张专辑前——他的收藏始于 70 年代的青少年时期,那时专辑是人们渴望的珍品,附有内页注释和歌词,每一首歌都会被细细聆听。
我的哥哥在妻子去世后离世。她是他的挚爱,当多发性硬化症夺走她的独立生活能力时,他们曾为搬入长期护理机构而苦恼。随后,他被裁员了。在接下来的十年里,他深情地将她视作自己的整个世界。慢慢地,在缺乏关注和滋养的情况下,他自己的世界开始恶化。他们的家,甚至包括那个车库书房,都陷入了破败之中,就像他的健康状况一样被忽视。尽管如此,他仍会用他惯常的开玩笑语气给我打电话:“是你那个年纪更大、长得帅得多的哥哥打来的。”
随着他的离世,他的两个成年儿子迅速处理掉了他们的童年之宅。剩下的只有那些专辑。两个儿子都不想要,他们一致认为父亲会希望将这些唱片交给真正想要的人。
诚然,我哥哥和我非常不同。……但我很快发现,失去一个兄弟姐妹,意味着失去了一个从一开始就陪伴在你身边、见证了你最纯真且奠基之年的人。
我自己的唱片收藏在几十年前的一次车库拍卖中卖掉了。格蕾丝·琼斯(Grace Jones)、UB40、博兹·斯卡格斯(Boz Scaggs)的《Silk Degrees》全都消失了。父母去世时,我保留了他们仅有的几张专辑作为纪念——克里斯托弗森(Kristofferson)和卡什(Cash),琼斯(Jones)和贝拉方特(Belafonte)。
我对他那充满压力的人生竟能如此迅速地被清理掉而感到震惊。我将箱子卸在车库的托盘上,切开其中一个,数出 75 张专辑。我知道莎得(Sade)和威利·纳尔逊(Willie Nelson),但雷·格里夫(Ray Griff)是谁?简单心算了一下:这里有一千张唱片。我该如何才能不辜负这些收藏?
关于如何处理所有唱片,我哥哥一定能给我不少建议。想到我再也无法与他交谈,感觉如此不可思议。他的声音像深夜电台一样,既平静、清晰,又幽默。他的去世对我造成的打击比我想象的要沉重,就像我身体的一部分被剥离,永远地消失了。
“但你们并不亲近,”一位朋友指出。
当我的侄子们把装满专辑的箱子搬进我的车里时,我哥哥的车库书房被清空了。他们告诉我,唱片脊封朝上,这样我可以轻松阅读艺术家名字。“搬动的时候要小心——唱片可能会从封套里滑出来。”这个建议让我想起了我哥哥的声音。
我拥抱了两个侄子,我们聊了一会儿。开车回家时,我对这两个孩子在失去父亲——实际上是父母相继离世的剧痛之后所表现出的勤勉印象深刻。我正感—。
的确,我哥哥和我非常不同。我们抚养孩子的方式不同,生活圈子不同,价值观也不同。但我很快发现,失去一个兄弟意味着失去了一个从一开始就陪伴在你身边的人,一个在你最纯真、最基础的岁月里一直存在的人。他曾在无数次家庭晚餐时坐在你的对面。每次我们吃意大利面时,我哥哥都会从喉咙里直接拉出一根面条,等待我们目光接触的那个精准时刻。“额!”但我每次都会看。就像我总是对他那些壮举印象深刻一样,比如有一次他骑着他的10速自行车因为超速被开了罚单,或者在衣橱里用一罐橙汁浓缩液酿酒。成年后,我们喜欢回忆童年,尤其是我们在阿尔伯塔省小镇祖父母家的时光。尽管我的回忆很多,但他的更多。失去他,也意味着失去了他所有的记忆。
我翻看旧的家庭相册,被提醒他曾被多么深爱着,而由此,我也意识到自己曾被多么深爱着,我需要知道这一点。这帮我接受了他晚年的生活是他自己的(不)作为,是他的天性与我们的教养之间的博弈。每当他的生日临近,我会带家人去吃肋排——我哥哥最爱吃——我们分享关于格林叔叔的故事,复述他那些“马走进酒吧”的笑话,记得他多么热爱成为一名祖父。尽管我哥哥和我如此不同,但我们也一样。我们觉得有趣的事是一样的,我们能与任何人交谈的方式是一样的,我们制作母亲番茄汤的方法也完全一样。
今日数独答案
我们也习惯拖延,所以我决定把那些黑胶唱片拆箱,播放它们,与我的孩子和朋友们分享。我不知道会发现什么样的惊喜,但我会倾听,并想象他在那个车库书房的黄金时代,向后靠在办公椅上(毫无疑问弹簧已经坏了),啜饮着某种烟熏味的饮料,他的音乐在夜晚刻下痕迹。我怀疑我是否会把车开出去,搬进一张旧躺椅像他那样聆听,但谁知道呢。
唐娜·伊莱恩·威廉姆斯(Donna Elaine Williams)现居卡尔加里。
今日KenKen答案
4 | 7< / > 9< / > 2< / > 8< / > 1< / > 6< / > 3< / > 5< / > | 8< / > 1< / > 2< / > 5< / > 6< / > 3< / > 9< / > 7< / > 4< / >< / > 3< / > 5< / > 6< / > 4< / > 9< / > 7< / > 8< / > 2< / > 1< / >< / > 1< / > 8< / > 3< / > 7< / > 2< / > 4< / > 5< / > 9< / > 6< / >< / > 5< / > 9< / > 4< / > 3< / > 1< / > 6< / > 2< / > 8< / > 7< / >< / > 6< / > 2< / > 7< / > 9< / > 5< / > 8< / > 4< / > 1< / > 3< / >< / > 2< / > 6< / > 1< / > 8< / > 7< / > 5< / > 3< / > 4< / > 9< / >< / > 7< / > 3< / > 8< / > 6< / > 4< / > 9< / > 1< / > 5< / > 2< / >< / > 9< / > 4< / > 5< / > 1< / > 3< / > 2< / > 7< / > 6< / > 8< / > |
“第一人称”是读者提交的每日个人专栏。有故事要讲述?请参阅我们的指南 tgam.ca / essayguide。
5-1< / > 11+6< / > 5< / > 12×3< / > 4< / > $2 \div 2$ < / >< / > 6< / > 11+2< / > $20 \times 4$ < / > 5< / > $18 \times 3$ < / > 1< / >< / > 5< / > 4< / > $6$ 6< / > 1< / > 2< / > 3< / >< / > $6 \ 2$ < / > 3< / > $5-1$ < / > 6< / > $120 \ 5$ < / > 4< / >< / > 7+4< / > 1< / > $5+3$ < / > 2< / > 6< / > $30 \ 5$ < / >< / > 3< / > $3-5$ < / > 2< / > $5+4$ < / > 1< / > 6< / > |
世界天气预报
全国天气预报 | 今天< / > | 明天< / > | 周六< / > | 阿姆斯特丹< / > 16 / 10< / > SH< / > 17 / 12< / > SH< / > 15 / 10< / > < / >< / > 雅典< / > 25 / 18< / > S< / > 25 / 19< / > S< / > 26 / 19< / > T< / >< / > 曼谷< / > 32 / 25< / > T< / > 32 / 26< / > T< / > 31 / 25< / > T< / >< / > 北京< / > 26 / 15< / > S< / > 26 / 16< / > S< / > 27 / 16< / > S< / >< / > 柏林< / > 18 / 9< / > < / > 14 / 10< / > PC< / > 16 / 8< / > R< / >< / > 布鲁塞尔< / > 14 / 8< / > < / > 15 / 10< / > < / > 15 / 8< / > S< / >< / > 哥本哈根< / > 14 / 10< / > R< / > 13 / 11< / > C< / > 15 / 10< / > < / >< / > 法兰克福< / > 15 / 5< / > R< / > 12 / 9< / > PC< / > 12 / 7< / > < / >< / > 香港< / > 27 / 25< / > PC< / > 28 / 25< / > S< / > 28 / 25< / > S< / >< / > 耶路撒冷< / > 26 / 16< / > S< / > 26 / 17< / > S< / > 27 / 18< / > S< / >< / > 拉斯维加斯< / > 36 / 24< / > S< / > 36 / 23< / > S< / > 32 / 21< / > S< / >< / > 伦敦< / > 14 / 11< / > S< / > 18 / 10< / > < / > 15 / 9< / > < / >< / > 洛杉矶< / > 34 / 21< / > S< / > 31 / 20< / > S< / > 29 / 22< / > PC< / >< / > 马德里< / > 21 / 8< / > S< / > 20 / 10< / > S< / > 21 / 12< / > S< / >< / > 迈阿密< / > 31 / 25< / > T< / > 32 / 26< / > T< / > 31 / 27< / > T< / >< / > 莫斯科< / > 14 / 8< / > PC< / > 17 / 9< / > C< / > 12 / 7< / > C< / >< / > 新德里< / > 34 / 26< / > < / > 32 / 23< / > < / > 33 / 22< / > T< / >< / > 纽约< / > 24 / 11< / > S< / > 21 / 9< / > S< / > 19 / 13< / > PC< / >< / > 尼斯< / > 25 / 15< / > < / > 22 / 16< / > S< / > 23 / 16< / > S< / >< / > 奥兰多< / > 27 / 23< / > T< / > 29 / 24< / > T< / > 30 / 25< / > T< / >< / > 巴黎< / > 15 / 9< / > S< / > 15 / 13< / > C< / > 17 / 11< / > PC< / >< / > 菲尼克斯< / > 39 / 28< / > S< / > 39 / 28< / > S< / > 34 / 24< / > PC< / >< / > 罗马< / > 25 / 17< / > T< / > 21 / 13< / > < / > 22 / 13< / > < / >< / > 旧金山< / > 18 / 15< / > S< / > 18 / 14< / > S< / > 17 / 12< / > S< / >< / > 首尔< / > 24 / 14< / > S< / > 25 / 15< / > PC< / > 26 / 17< / > S< / >< / > 新加坡< / > 31 / 25< / > T< / > 31 / 25< / > < / > 29 / 25< / > < / >< / > 悉尼< / > 20 / 12< / > < / > 19 / 16< / > S< / > 30 / 18< / > < / >< / > 东京< / > 23 / 16< / > S< / > 24 / 16< / > S< / > 24 / 18< / > S< / >< / > 华盛顿< / > 25 / 13< / > S< / > 23 / 13< / > S< / > 23 / 16< / > PC< / > |
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FIRST PERSON

ILLUSTRATION BY DREW SHANNON
I am reminded of everything my brother and I shared, even though our lives were different, writes Donna Elaine Williams
I inherit a thousand records when my brother dies. The albums aren't left to me per se, rather simply left behind in his garage, a den made cozy in the winter by an overhead propane heater, wallpapered in Kokanee beer cartons and corniced by snapback hats. Industrial shelves held an entertainment centre: an old PC wired to a 1980s-era television where he claimed he watched blockbusters using a foreign IP address; nearby was a turntable on a carpeted shelf above a decaled mini fridge. Two substantial speakers sat sentry on rows of hundreds of albums – his collection beginning as a teen in the 1970s, when albums were coveted and came with liner notes and lyrics, where every song was listened to.
My brother died after the death of his wife. She was the love of his life and when multiple sclerosis took her independence, they agonized over the move to long-term care. Then he was laid off. Lovingly, for the next decade, she became his world. Slowly, unchecked and unnurtured, his own world deteriorated. Their home, even the garage-den, disintegrated into disrepair, neglected as his own health. Still, he'd phone me in his usual jokey-way, "It's your older and much better-looking brother calling."
With his death, his two grown sons made fast work disposing of their childhood home. What remained were the albums. Neither son wanted them and they agreed their dad would want them to go to someone who did.
It's true, my brother and I were very different. ... But I discover quickly that losing a sibling means losing a person who was with you from the beginning, present in your most innocent and foundational years.
My own record collection was sold in a garage sale decades ago. Gone were Grace Jones, UB40, Boz Scaggs's Silk Degrees. When my parents died, I kept their handful of albums as mementos - Kristofferson and Cash, Jones and Belafonte.
so awed at the speed in which my brother's life of overwhelm could be disposed. I unload the boxes onto pallets in my garage and slit one open to count 75 albums. I know Sade and Willie Nelson, but who is Ray Griff? Some mental math: there's a thousand records. How am I ever going to do this justice?
My brother would have a fair bit of advice on what to do with all his records. It feels impossible that I will never speak to him again. His voice was like late-night radio, as calm and articulate as he was funny. His death has hit me harder than I imagined, it's like a piece of me stripped away and gone forever.
“But you weren’t close,” a friend points out.
My brother's den-garage is stripped bare when my nephews pack my car with boxes holding the albums. They tell me the spines are facing up so I can easily read the artists. "Be careful when you lift one – the record might slip from its cover." This advice reminds me so much of my brother's voice.
I hug both my nephews and we talk for a bit. I drive home impressed with the industriousness of the boys in the aftershock of losing their dad, and really, both parents so close together. I am al-
It's true, my brother and I were very different. We raised our children differently, lived in different circles, had differing values. But I discover quickly that losing a sibling means losing a person who was with you from the beginning, present in your most innocent and foundational years. Who sat across from you for so many family dinners. Every time we had spaghetti, my brother pulled a strand straight from his throat, waiting for the exact moment we had eye contact. "Eew!" but I never failed to look. Just as I never failed to be impressed with his feats, like the time he was ticketed for speeding on his 10-speed bike, or making wine in his closet from a can of orange-juice concentrate. As adults we loved to reminisce about our childhood, especially times at our grandparents' in small-town Alberta. As many recollections as I had, he had more. Losing him meant losing all his memories, too.
I look through old family albums and am reminded how much he was loved, and in that, how much I was loved, too, and I need to know this. It helps me accept that his later life was his (un)doing, his nature versus our nurture. When his birthday comes around, I take my family out for ribs, my brother's favourite, and we share Uncle Glyn stories, retell his horse-walked-into-a-bar jokes, remember how he loved becoming a grandpa. As much as my brother and I were different, we're the same, too. What we find funny, how we can talk to anyone, how we made our mom's tomato soup exactly the same way.
TODAY'S SUDOKU SOLUTION
We also procrastinate, so I'm determined to unbox those LPs, play them, share them with my kids and friends. I don't know what surprises I'll find, but I'll listen and envision him in the Golden Days of the den-garage, leaning back in an office chair no doubt with a broken spring, sipping something smoky, his music etching the night. I doubt I'll move my car out and an old recliner in to listen the way he did, but you never know.
Donna Elaine Williams lives in Calgary.
TODAY'S KENKEN SOLUTION | 4 | 7 | 9 | 2 | 8 | 1 | 6 | 3 | 5 | 8 | 1 | 2 | 5 | 6 | 3 | 9 | 7 | 4 | 3 | 5 | 6 | 4 | 9 | 7 | 8 | 2 | 1 | 1 | 8 | 3 | 7 | 2 | 4 | 5 | 9 | 6 | 5 | 9 | 4 | 3 | 1 | 6 | 2 | 8 | 7 | 6 | 2 | 7 | 9 | 5 | 8 | 4 | 1 | 3 | 2 | 6 | 1 | 8 | 7 | 5 | 3 | 4 | 9 | 7 | 3 | 8 | 6 | 4 | 9 | 1 | 5 | 2 | 9 | 4 | 5 | 1 | 3 | 2 | 7 | 6 | 8 | First Person is a daily personal piece submitted by readers. Have a story to tell? See our guidelines at tgam.ca/essayguide. | 5-1 | 11+6 | 5 | 12×3 | 4 | $2 \div 2$ | 6 | 11+2 | $20 \times 4$ | 5 | $18 \times 3$ | 1 | 5 | 4 | $6$ 6 | 1 | 2 | 3 | $6 \times 2$ | 3 | $5-1$ | 6 | $120 \times 5$ | 4 | 7+4 | 1 | $5+3$ | 2 | 6 | $30 \times 5$ | 3 | $3-5$ | 2 | $5+4$ | 1 | 6 | WORLD FORECAST
NATIONAL FORECAST |
C 多云 | RS 雨 / 雪< / > | FG 雾< / > S 晴< / >< / > FR 冻雨< / > SN 雪< / >< / > HZ 霾< / > SF 小雪< / >< / > NA 无数据< / > SH 阵雨< / >< / > PC 部分多云< / > T 雷阵雨< / >< / > R 雨< / > W 有风< / > |
< / > | 今天< / > | 明天< / > | 周六< / >< / > 班夫< / > 18 / 4< / > PC< / > 14 / 0< / > SH< / > 1 / 5< / > SN< / >< / > 巴里< / > 14 / 7< / > < / > 14 / 7< / > S< / > 19 / 12< / > < / >< / > 布兰登< / > 15 / 5< / > < / > 17 / 8< / > < / > 15 / 5< / > < / >< / > 卡尔加里< / > 18 / 7< / > S< / > 20 / 0< / > < / > 2 / 4< / > SN< / >< / > 夏洛特敦< / > 19 / 11< / > < / > 16 / 7< / > S< / > 10 / 5< / > < / >< / > 希库蒂米< / > 12 / 5< / > R< / > 9 / 2< / > < / > 9 / 4< / > < / >< / > 丘吉尔< / > 6 / 2< / > < / > 5 / 2< / > < / > 5 / 2< / > < / >< / > 科纳布鲁克< / > 15 / 11< / > < / > 14 / 7< / > < / > 9 / 5< / > R< / >< / > 康沃尔< / > 16 / 7< / > < / > 14 / 4< / > < / > 15 / 11< / > S< / >< / > 埃德蒙顿< / > 13 / 7< / > < / > 11 / 1< / > R< / > 3 / 2< / > SN< / >< / > 哈利法克斯< / > 19 / 11< / > S< / > 18 / 8< / > < / > 14 / 5< / > S< / >< / > 汉密尔顿< / > 18 / 6< / > S< / > 17 / 6< / > S< / > 20 / 15< / > S< / >< / > 亨茨维尔< / > 15 / 5< / > < / > 12 / 2< / > S< / > 16 / 11< / > < / >< / > 伊卡卢伊特< / > 0 / 5< / > S< / > 1 / 6< / > < / > -1 / 5< / > < / >< / > 贾斯珀< / > 17 / 5< / > R< / > 11 / 1< / > R< / > 1 / 5< / > SN< / >< / > 基隆拿< / > 21 / 9< / > S< / > 16 / 7< / > < / > 9 / 1< / > R< / >< / > 金斯顿< / > 17 / 10< / > S< / > 15 / 7< / > S< / > 16 / 15< / > S< / >< / > 伦敦< / > 18 / 5< / > S< / > 18 / 7< / > S< / > 20 / 15< / > S< / >< / > 蒙特利尔< / > 16 / 8< / > < / > 14 / 5< / > S< / > 14 / 10< / > S< / >< / > 尼亚加拉瀑布< / > 18 / 8< / > < / > 17 / 8< / > S< / > 20 / 16< / > S< / >< / > 北湾< / > 13 / 4< / > < / > 10 / 1< / > < / > 14 / 12< / > < / >< / > 渥太华< / > 16 / 7< / > < / > 14 / 3< / > < / > 15 / 9< / > S< / >< / > 乔治王子城< / > 12 / 6< / > R< / > 8 / 1< / > R< / > 8 / 4< / > S< / >< / > 彼得伯勒< / > 17 / 7< / > S< / > 15 / 5< / > S< / > 17 / 13< / > S< / >< / > 魁北克市< / > 15 / 6< / > R< / > 12 / 2< / > < / > 12 / 4< / > S< / >< / > 里贾纳< / > 17 / 6< / > < / > 20 / 7< / > < / > 11 / 1< / > < / >< / > 萨斯卡通< / > 16 / 7< / > C< / > 17 / 1< / > < / > 3 / 1< / > RS< / >< / > 苏圣玛丽< / > 15 / 7< / > < / > 13 / 7< / > < / > 20 / 16< / > < / >< / > 圣约翰< / > 16 / 9< / > R< / > 16 / 6< / > S< / > 13 / 5< / > S< / >< / > 塞普泰勒斯< / > 9 / 7< / > R< / > 10 / 5< / > < / > 10 / 4< / > S< / >< / > 圣
JOHN'S | 16 / 11< / > S< / > 18 / 10< / > SH< / > 13 / 6< / > SH< / > | SUDBURY< / > 15 / 3< / > S< / > 12 / 0< / > PC< / > 16 / 13< / > SH< / >< / > THUNDER BAY< / > 15 / 1< / > S< / > 15 / 10< / > PC< / > 24 / 16< / > < / >< / > THOMPSON< / > 7 / 2< / > < / > 6 / 0< / > < / > 2 / 0< / > SN< / >< / > TORONTO< / > 18 / 9< / > S< / > 18 / 9< / > S< / > 20 / 16< / > < / >< / > VAL-D'OR< / > 10 / 2< / > R< / > 7 / 0< / > < / > 12 / 8< / > C< / >< / > VANCOUVER< / > 18 / 11< / > < / > 14 / 9< / > SH< / > 16 / 7< / > < / >< / > VICTORIA< / > 18 / 11< / > < / > 15 / 9< / > SH< / > 14 / 10< / > SH< / >< / > WHISTLER< / > 20 / 9< / > < / > 11 / 3< / > R< / > 10 / 0< / > < / >< / > WHITEHORSE
7 / 4< / > SH< / > 5 / 3< / > S< / > 8 / 0< / > S< / >< / > WINNIPEG< / > 17 / 6< / > < / > 18 / 12< / > C< / > 23 / 8< / > < / >< / > YELLOWKNIFE< / > 4 / 1< / > SN< / > 3 / 3< / > RS< / > 3 / 1< / > < / > |
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1 Snapchat 故事片段
2 更改,如键盘分配
3 网球选手 Naomi
4 “绝对不行!”
5 例如,吉尼斯纪录条目
6 对执拗争论者的恼怒呐喊
7 吃些 kolacky 或甜甜圈
8 钞票
9 在伊比萨岛是(Is)
10 “我想和那些家伙打一架!”
11 他们从诅咒中获益!
12 俚语中的“糟糕透顶”
14 指甲油层
18 可能是垃圾账户
20 对冷笑话(dad joke)的反应
24 白色垄断 8-Down
26 2026年 Drake 专辑《Iceman》中的许多歌曲
28 地块测量单位
30 不切实际的期望
31 “可能是,也可能不是”
33 辐射
34 NPR 袋子
36 上升
37 2026年发行“自由战胜暴政”版本的硬币
38 “这段关系彻底结束了!”

44 有点疯狂(loco)
编辑:DAVID STEINBERG
47 从技术上讲,电子烟不产生的东西
46 蚁丘中的昆虫
北家
♠ Q 10 3
♥ 7 4
♦ J 8
♣ A Q 10 8 4 3
西家
♠ A 7 2
♥ A Q 8 6 3
♦ 10 7 4
♣ 9 2
东家
♠ J 8 6 5 4
♥ J 9
♦ 9 6 5 2
♣ K 5
南家
♠ K 9
♥ K 10 5 2
♦ A K Q 3
♣ J 7 6
51 期货专家?
49 仪表盘设备
53 解填字游戏的舒适之所
55 通常是阿曼人
50 俏皮的水生哺乳动物
56 回文形式的失败之作
57 Lucius Best,\_\_\_\_ Frozone
这场来自团队比赛的对局展示了防守打法中较为微妙的领域。两张牌桌上的最终定约都是 3 NT(三无将),但只有一名防守者成功地干扰了庄家。
在第一张桌子上,西家领出红心 6。庄家用 K 赢了东家的 J,然后领出梅花 J,西家出 9,明手出 3,东家出 K。随后东家回出红心 9,南家弃叫,南家唯一真正的机会是希望对方的红心被堵死。
西家在第二次红心领出时跟出 3,使得
东家陷入了接下来该打哪个花色的困境。在几乎没有任何线索的情况下,东家转向方块,随后庄家连续打出四张方块和五张梅花,最终赢得 10 墩。如果东家在第三墩回出黑桃,西家将能赢得一张黑桃和三张红心,从而使定约失败两墩。
虽然看起来东家猜错了,但其实有更好的方法,正如第二张桌子上的防守所展示的那样。这里同样是西家领出红心 6,由 J 和 K 赢下,庄家在梅花试探(finesse)中失败。但当东家随后回出红心 9 且庄家弃叫时,西家打出了 8!
这给了东家思考的空间。虽然西家可能仅持有红心 A-Q-8-6(这意味着庄家初始持有五张红心),但也有可能西家持有五张红心,且打出 8 是作为一种花色偏好信号,要求回出等级更高的侧翼花色——黑桃。
由于这比完全盲目猜测要好得多,东家转向黑桃,南家很快就失败了两墩。
©2026 King Features Syndicate Inc.
---
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UNIVERSAL CROSSWORD FALL 2026 THEMELESS WEEK, PUZZLE 4 BY ZACHARY EDWARD-BROWN AND ADAM SHAPIRO
ACROSS
1 What a mathematician or detective seeks
6 It can be found on Safari!
9 "Frozen" queen
13 Two-gender pronoun
14 Hindi for "tea"
15 Attaches the binding to a quilt, say
16 Warren Buffett's Nebraska hometown
17 Foamy drinks made with plant-based milk
19 "So there!"
21 Alpaca relative
22 Australian gem
23 No more than
25 Type "typo" rather than "type," e.g.
27 Oscar winner Brie
29 Wilson of the WNBA
30 Certain songbird
32 It's not working!
35 Touch on the shoulder
36 Causes of icy postgame interviews?
39 Like Adam (age redacted), but not Zachary (age 17)
40 Idle of Monty Python
41 Agenda entries
42 Don't squander
43 In a \_\_\_\_ of speaking
45 Soccer coach Guardiola
46 Park, e.g., in Manhattan
48 They may bruise when they clash
52 Indian wedding dye
54 "See you then!"
56 Warning to stay in one's lane
58 Line between two cities
BRIDGE
BY STEVE BECKER
THURSDAY, OCTOBER 8, 2026
East dealer.
Both sides vulnerable.
---

© News Licensing / Times Media Limited
East South West North
Pass 1 NT Pass 3 NT
Opening Lead – six of hearts.
in Ticket to Ride
59 Result of beehiving yourself?
60 Mid
61 Red emotion in "Inside Out"
62 Piece of office furniture
63 Flat fish
64 Ales and lagers
---
说明
请填写网格,使每一行九格、每一列九格以及每一个九格区域(三乘三)都包含 1 到 9 的数字,顺序不限。每个谜题只有一个解。

解答
横向
1 旋转木马中的火 (6)
4 坚持两个女儿保留名字,在镜像之后 (6)
8 撤销地异常固执? (13)
10 企业的最佳领导者最终离开 (5)
11 切割第二杯饮料,深受喜爱 (7)
13 蔬菜在达到预期标准、一流且最终令我们满意时 (9)
17 由于定期争论而超出限制 (7)
18 缺失女王光彩的礼拜场所 (5)
19 作者的节拍,接受了未经深思熟虑的购物 (7,6)
21 铁路车辆倒车时的受害者 (6)
22 包含抗议者的封闭空间?它将达到沸点! (6)
纵向
1 那么就这样吧,关于警察的精明! (6)
2 顽固,设定——获得广播 (9)
3 轻微灼伤,仅一个,在学习者离开之后 (5)
5 一天中的时间,平坦,原则上不好 (7)
6 在雅士谷定期做的事情 (3)
7 也许在我的乐器翻转后降低色调? (6)
9 如果运行出错,则覆盖在案例中? (9)
12 被接纳进可怕失误的人——我预见到了麻烦 (9)
14 草药,儿子,可能参与战争讨论 (7)
15 开始显示仇恨的元素 (6)
16 不足之小,极微小——同意吗?不完全是 (6)
18 面颊装饰 (5)
20 给每个人?不一半! (3)
© 2026 Andrews McMeel Syndication
肯肯数独 (KENKEN)

©2026 KENKEN Puzzle LLC. KENKEN is a registered trademark of Nextoy, LLC. Dist. by Andrews McMeel www.kenken.com
---
1 Snapchat story part
2 Change, as keyboard assignments
3 Tennis player Naomi
4 "Absolutely not!"
5 Guinness entry, say
6 Exasperated cry to a relentless arguer
7 Have some kolacky or doughnuts
8 Banknotes
9 Is, in Ibiza
10 "I wanna fight those guys!"
11 They benefit from curses!
12 Really bad, in slang
14 Nail polish layers
18 Dump account, perhaps
20 Response to a groan-worthy dad joke
24 White Monopoly 8-Down
26 Many songs on the 2026 Drake album "Iceman"
28 Lot measure
30 Unrealistic expectation
31 "Could be yes, could be no"
33 Radiates
34 NPR bag
36 Ascend
37 Coin with a 2026 "Liberty Over Tyranny" version
38 "This relationship is SO over!"

44 A little loco
EDITED BY DAVID STEINBERG
47 What e-cigs don't produce, technically
46 Insect in a hill
NORTH
♠ Q 10 3
♥ 7 4
♦ J 8
♣ A Q 10 8 4 3
WEST
♠ A 7 2
♥ A Q 8 6 3
♦ 10 7 4
♣ 9 2
EAST
♠ J 8 6 5 4
♥ J 9
♦ 9 6 5 2
♣ K 5
SOUTH
♠ K 9
♥ K 10 5 2
♦ A K Q 3
♣ J 7 6
51 Futures experts?
49 Dashboard device
53 Cozy place to solve crosswords
55 Omani, typically
50 Playful water mammal
56 Palindromic flop
57 Lucius Best, \_\_\_\_ Frozone
This deal from a team contest demonstrates the more subtle areas of sound defensive play. The final contract at both tables was three notrump, but only one of the defenders derailed declarer.
At the first table, West led the heart six. Declarer won East's jack with the king and led the jack of clubs, on which West played the nine, dummy the three and East the king. East then returned the heart nine, ducked by South, whose only real chance was to hope the opposing hearts were blocked.
West followed with the three to the second heart lead, leaving
East in a quandary as to which suit to play next. With virtually nothing to go on, East shifted to a diamond, whereupon declarer ran off four diamonds and five clubs to finish with 10 tricks. Had East returned a spade at trick three, West would have collected a spade and three more hearts for a two-trick set.
Though it might appear that East misguessed, there was a better way available, as the defence at the second table demonstrated. Here too, West led the heart six to the jack and king, and declarer took a losing club finesse. But when East then returned the heart nine and declarer ducked, West played the eight!
This gave East food for thought. While it was possible that West had started with just the A-Q-8-6 of hearts (which would in turn mean that declarer began with five hearts), it was also possible that West started with five hearts and had played the eight as a suit-preference signal asking for the return of the higher-ranking side suit, spades.
Since this was far better than a total shot in the dark, East shifted to a spade, and South very quickly went down two.
©2026 King Features Syndicate Inc.
---
1. 每行和每列必须包含 1 到 6 的数字,且不得重复。
2. 粗线框(称为“笼子”)内的数字必须使用给定的运算(顺序不限)来得出左上角的目标数字。
3. 赠送项:在单格笼子中填入左上角的数字。


今日数独和肯肯数独的解答可在 A 版的“生活与艺术”内容区找到。纵横填字游戏的解答将随明天的谜题一同发布。

© News Licensing/Times Media Limited

《男人与娃娃》
(4分满分)
“头奖得主”
多伦多星报
评论员推荐
“一部杰作”
《环球邮报》
“一部你可以一次又一次观看的演出!”
BroadwayWorld
《有些腐烂!》
(4分满分)
“一部大热音乐剧”
多伦多星报
“极其幽默”
Postmedia
评论员推荐 “令人震撼”
《环球邮报》
斯特拉特福德节日 (STRATFORD FESTIVAL)
《暴风雨》 / 《男人与娃娃》 / 《有些腐烂!》 / 《推销员之死》 / 《霍比特人》
《不可严肃之重要性》 / 《周六,周日,周一》
INSTRUCTIONS
Fill in the grid so that each row of nine squares, each column of nine and each section of nine (three squares by three) contains the numbers 1 through 9 in any order. There is only one solution to each puzzle.

SOLUTIONS
ACROSS
1 Fire in carousel (6)
4 Insist two daughters retain name, after reflection (6)
8 Annulment site unusually hard-nosed? (13)
10 Best leaders of enterprise leaving in the end (5)
11 Cutting second drink, much-liked (7)
13 Vegetable when of expected standard, first-class, ultimately pleasing us (9)
17 Extend beyond limit due to arguing at regular intervals (7)
18 Place of worship missing Queen's lustre (5)
19 The writer's beat, accepting shopping without much forethought (7,6)
21 Victim of railway vehicle reversing (6)
22 Enclosed space containing protesters? It will reach boiling point! (6)
DOWN
1 So be it about copper's shrewdness! (6)
2 Stubborn, set — obtain broadcast (9)
3 Slight burn, just one, after learner's gone (5)
5 Time of day, flat, is no good principally (7)
6 Something done in Ascot regularly (3)
7 Maybe tone down musical instrument after I'd flipped? (6)
9 Cover in case run goes awry? (9)
12 One admitted to appalling missteps — I see trouble ahead (9)
14 Herb, son, involved in wartime discussion perhaps (7)
15 Element beginning to show hatred (6)
16 Inadequately small, extremely minute — agree? Not quite (6)
18 Cheek dressing (5)
20 For every person? Not half! (3)
© 2026 Andrews McMeel Syndication
KENKEN

©2026 KENKEN Puzzle LLC. KENKEN is a registered trademark of Nextoy, LLC. Dist. by Andrews McMeel www.kenken.com
---
渥太华 / 魁北克版
2026年10月8日,星期四
S&P / TSX
35,041.86
-607.65


DOW
51,179.87
-341.41

S&P 500
7,801.77
-17.16
NASDAQ 27,538.69 -61.10

加元
70.14 / 1.4257
-0.15 / +0.0031
黄金 (盎司)
US\$4,140.70
-46.40
原油 (WTI)
US\$88.28
-1.16
GCAN (10年期)
3.95%
+0.02
1. Each row and each column must contain the numbers 1 through 6 without repeating.
2. The numbers within the heavily outlined boxes, called cages, must combine using the given operation (in any order) to produce the target numbers in the top-left corners.
3. Freebies: Fill in single-box cages with the numbers in the top-left corner.


Solutions to today's Sudoku and Kenken can be found in the Life & Arts content area of the A section. Crossword solutions will be with tomorrow's puzzles.
Lourenco Goncalves 表示,渥太华应与美国寻求一项“北美堡垒”贸易协议。
NIALL McGEE
矿业记者
多伦多
Cleveland-Cliffs Inc. 首席执行官 Lourenco Goncalves 否认了将 Stelco 国有化的想法,并反击了一家被他称为“行走之鹰”的加拿大钢铁客户。
这家美国钢铁制造商上周表示,计划在安大略省汉密尔顿和南蒂科克的 Stelco 工厂裁员多达 500 人,很大程度上是因为贸易战导致其在镀锌钢领域已无法竞争。
当联邦政府在 2024年批准 Cliffs 以 $3.4-billion 收购 Stelco Holdings Inc. 时,政府施加了一系列具有法律约束力的条件,包括在五年内在加拿大维持至少相同数量的工会员工,以及绝大多数非工会员工。
渥太华方面指称,Cliffs 通过宣布在加拿大裁员数百人,现在违反了该协议。
周一,工业部长 Mélanie Joly 向这家总部位于克利夫兰的钢铁制造商发出了最后通牒,要求其在五个工作日内制定一项计划,以遵守《加拿大投资法》下的就业保证,否则可能面临法律行动。
但就在渥太华敦促 Cliffs 保留这些加拿大就业岗位的同时,有人建议政府可以改为接管 Stelco 以挽救这些岗位。
女王大学法学院副教授 Nicolas Lamp 最近在《环球邮报》的一篇社论中表示,如果渥太华认定钢铁工业具有战略重要性,且 Stelco 的工人确实被 Cliffs “背叛”了,那么政府可以改为“将该公司国有化,并由加拿大管理层负责”。
在周三的一次采访中,Goncalves 先生对这一想法泼了冷水,他举了委内瑞拉总统雨果·查韦斯在 2008年将钢铁公司 Siderúrgica del Orinoco (SIDOR) 国有化的例子。这次接管被广泛视为一场经济灾难,随后产量大幅下降。
“这就是加拿大真正想做的事吗?”他说道。
■
经济

The Globe 旨在测算在多伦多中城 Loblaws、No Frills、Walmart 和 Real Canadian Superstore 门店为六人准备一顿传统且注重成本的晚餐所需的价格。FRED LUM / THE GLOBEANDMAIL

GUYS
AND DOLLS
(out of 4)
"A jackpot winner"
Toronto Star
CRITIC'S PICK
"A masterpiece"
The Globe and Mail
"A show you can see again and again!"
BroadwayWorld
SOMETHING
ROTTEN!
(out of 4)
"A big-hit musical"
Toronto Star
"Wildly funny"
Postmedia
CRITIC'S PICK "Mind-blowing"
The Globe and Mail
STRATFORD
FESTIVAL
THE TEMPEST | GUYS AND DOLLS | SOMETHING ROTTEN! | DEATH OF A SALESMAN | THE HOBBIT
THE IMPORTANCE OF BEING EARNEST | SATURDAY, SUNDAY, MONDAY
你应该为火鸡和配菜货比三家吗?我们针对感恩节大餐测试了一些旧建议 ■ B3
OTTAWA/QUEBEC EDITION
THURSDAY, OCTOBER 8, 2026
S&P/TSX
35,041.86
-607.65


DOW
51,179.87
-341.41

S&P 500
7,801.77
-17.16
NASDAQ 27,538.69 -61.10

DOLLAR
70.14/1.4257
-0.15/+0.0031
GLOBEANDMAIL.COM
GOLD (oz.)
US\$4,140.70
-46.40
OIL (WTI)
US\$88.28
-1.16
GCAN (10-YR)
3.95%
+0.02
北美公用事业公司。
蒂姆·基拉泽 (TIM KILADZE)
马修·麦克莱恩 (MATTHEW McCLEARN)
分析
在电力公司 Emera Inc. 与 Canadian Utilities Ltd. 这场加拿大大型合并案的核心,有一个简单的问题:规模更大真的更好吗?
到目前为止,答案相当模糊。
当两家公司在周二宣布这项价值 $14.3 亿的全股票合并案时,其领导层通过披上加拿大国旗来证明其合理性。他们表示,将两个行业冠军结合起来是对国家正确的事情,因为合并将能够促进增长。
但他们所说的“增长”具体指什么并不十分明确。
一种观点认为,如果单独行动,两家公司都没有足够的规模来支付公用事业公司在未来几年面临的巨额基础设施投资。如果合并,它们的资本成本可能会降低,从而帮助它们与养老基金等竞争对手竞争。合并后的公司企业价值(债务加上股权)将达到 $72 亿,并将成为 20 家最大的北美公用事业公司之一。
与此同时,美国公司正通过合并变得规模更大。如果总部位于哈利法克斯的 Emera 和总部位于卡尔加里的 CU 依然孤军奋战,它们在高度集中的行业中可能会变成“小鱼”。
然而,美国的电力合并正开始面临政治抵制,这意味着它们可能无法获得批准,或者需要做出重大让步才能获得绿灯。而且 Emera 和 CU 的经营地截然不同——分别在佛罗里达州和阿尔伯塔省。合并将使它们的收入结构多样化,但两者的业务几乎没有重叠,因此它们无法从彼此身上学到太多,也无法共享资源。
它们的地理分布也使成本削减变得复杂,两家公司对此都坦诚相待。Emera 首席执行官斯科特·巴尔福 (Scott Balfour) 在周二的电话会议上表示:“像这样的结合实际上与协同效应无关。”
那么,投资者应该对什么感到兴奋?股东们似乎也在问同样的问题。自交易宣布以来,Emera 的股价下跌了 4.3%,而 CU 的股价下跌了 2.6%。虽然算不上恐慌,但没有人表现得特别热情。
金融服务
银行监管机构 OSFI 计划为该国贷款机构实施 AI “安全准则” ■ B5
观点
为什么加拿大消费者不应恐惧私人机场特许经营权 ■ B4
个人理财
拥有住房与租房如何影响退休财务计划 ■ B9
ATHABASCA OIL ....B9
BCE ....B9
CANADIAN UTILITIES ....B9
CN RAIL ....B9
LULULEMON ....B2
MAPLE LEAF FOODS ....B9
---
Lourenco Goncalves says Ottawa should pursue a ‘Fortress North America’ trade deal with U.S.
NIALL McGEE
MINING REPORTER
TORONTO
Cleveland-Cliffs Inc. chief executive Lourenco Goncalves is dismissing the idea of nationalizing Stelco and firing back at what he calls a “walking eagle” Canadian steel customer.
The U.S. steelmaker said last week it was planning to lay off as many as 500 steel workers at Stelco in Hamilton and Nanticoke, Ont., in large part because it can't compete anymore in galvanized steel as a result of the trade war.
When the federal government approved Cliffs's \$3.4-billion acquisition of Stelco Holdings Inc. in 2024, it imposed a series of legally binding conditions, including maintaining at least the same number of unionized employees in Canada for five years, as well as the vast majority of non-unionized workers.
By announcing hundreds of layoffs in Canada, Ottawa alleges Cliffs is now in violation of that agreement.
On Monday, Industry Minister Mélanie Joly issued the Cleveland-based steelmaker an ultimatum to map out a plan within five business days for complying with its job guarantees under the Investment Canada Act or possibly face legal action.
But while Ottawa is pushing Cliffs to preserve those jobs in Canada, some have suggested the government could instead take over Stelco and save them.
Nicolas Lamp, an associate professor at the Faculty of Law at Queen's University, said in a recent editorial in The Globe and Mail that if Ottawa decides the steel industry is of strategic importance, and Stelco workers have indeed been “betrayed” by Cliffs, it could instead “nationalize the company and put Canadian management in charge.”
In an interview Wednesday, Mr. Goncalves poured cold water on the idea, pointing to the example of Venezuelan president Hugo Chávez nationalizing steel company Siderúrgica del Orinoco (SIDOR) in 2008. The takeover was widely seen as an economic disaster, with production plummeting in the aftermath.
“Is that what Canada really wants to do?” he said.
■ STELCO, B6
ECONOMY

The Globe set out to price a traditional, yet cost-conscious, dinner for six people at Loblaws, No Frills, Walmart and Real Canadian Superstore locations in midtown Toronto. FRED LUM/THE GLOBEANDMAIL
安德鲁·威利斯 (ANDREW WILLIS)
苏珊·克拉申斯基-罗伯逊 (SUSAN KRASHINSKY ROBERTSON)
韦斯顿家族将通过收购药店连锁店Boots重返英国零售业,收购价格为US$8.9-billion(含承担债务),并获得Fairfax Financial Holdings Ltd.的资金支持。
总部位于多伦多的韦斯顿家族控股公司Wittington Investments Ltd.正从美国私募股权基金Sycamore Partners手中收购拥有1,800家门店的Boots连锁店。Sycamore Partners是在2025年对美国药店公司Walgreens进行一项US$24-billion杠杆收购时,将这家英国企业纳入麾下的。
控制着Shoppers Drug Mart的Wittington公司还将买断另一个亿万富翁家族的股份,该家族由Boots前主席斯特凡诺·佩西纳 (Stefano Pessina) 领导,他于2007年收购了该连锁店。佩西纳先生在将公司大部分股权出售给Sycamore时保留了部分所有权。
由价值投资者普雷姆·瓦特萨 (Prem Watsa) 领导的总部位于多伦多的资产管理公司Fairfax,通过支付US$2.3-billion获得Boots 50%的股份,从而支持Wittington的投资。Wittington将拥有该连锁店的经营控制权。
Wittington和Loblaw的主席,以及控股公司George Weston Ltd.的首席执行官加伦·韦斯顿 (Galen Weston) 将在收购完成后出任Boots主席。
在英国,Boots是药房市场的领导者,拥有51,000名员工,品牌影响力强,且门店覆盖了近80%的人口区域。
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Should you shop around for a gobbler and sides? We tested some old advice on a Thanksgiving feast ■ B3
乔伊·斯皮尔奇夫-莫里斯 (JOY SPEARCHIEF-MORRIS)
一份关于该国排放量的新报告的共同作者表示,不够严格的气候政策以及推动开发高碳排放重大项目的倾向,可能会使加拿大的温室气体目标进一步难以实现。
根据非党派气候变化政策研究机构加拿大气候研究所 (Canadian Climate Institute) 开展的440 Megatonnes项目报告,加拿大在2025年的二氧化碳当量排放量约为691兆吨,比2024年的水平高出约1%。
随着联邦和省级气候政策的调整,以及渥太华方面为了应对与美国的贸易战而专注于通过重大基础设施建设来增强经济,加拿大需要采取更直接的行动,以实现到2050年净零排放的目标。
气候研究所440 Megatonnes项目代理主任罗斯·林登-弗雷泽 (Ross Linden-Fraser) 表示:“毫无疑问,联邦和省级政府在气候政策上有所退缩,我们预计这将导致排放量增加。政府已经公开承认了这一点。”
根据周四发布的初步排放报告估计,加拿大2025年的碳排放水平比2005年的基准水平低约9.5%,远未达到2030年减少40%至45%的目标,差距约为200兆吨。
■
utilities in North America.
TIM KILADZE
MATTHEW McCLEARN
ANALYSIS
At the heart of the big Canadian merger between power companies Emera Inc. and Canadian Utilities Ltd., there is a simple question: Is bigger actually better?
So far, the answer's pretty murky.
When the two companies announced the \$14.3-billion all-share marriage on Tuesday, their leaders justified it by wrapping themselves in the Canadian flag. Bringing two industry champions together was the right thing for the country, they said, because their merger would enable growth.
What exactly they meant by that wasn't quite clear.
One argument is that, on their own, neither is large enough to pay for the massive infrastructure investments utilities face in the years ahead. If they combine, their cost of capital could fall, helping them compete with rivals like pension funds. The combined companies would have an enterprise value – their debt plus equity – of \$72-billion and would create one of the 20 largest
At the same time, U.S. companies are getting bigger by merging. If Halifax-based Emera and Calgary-based CU are left standing all alone, they might be minnows in a hyper-concentrated industry.
U.S. power mergers, though, are starting to face political backlash, which means they might not get approved, or major concessions might be needed to get the green light. And Emera and CU largely operate in very different places – Florida and Alberta. Merging will diversify their revenue mix, but there is little to no overlap between their operations, so they can't learn all that much from one another or share resources.
Their geographies also complicate cost savings, something both companies were up front about. “Combinations like this really aren’t about synergies,” Emera chief executive Scott Balfour said on a conference call Tuesday.
What, then, should investors be excited about? Shareholders seem to be asking the same thing. Emera's shares are down 4.3 per cent since the deal was announced, while CU's are down 2.6 per cent. Not exactly panic, but no one is particularly enthused.
EMERA, B6
FINANCIAL SERVICES
Bank regulator OSFI plans to implement AI ‘safety code’ for country’s lenders ■ B5
OPINION
Why Canadian consumers should not fear private airport concessions ■ B4
PERSONAL FINANCE
How owning your home versus renting plays into retirement financial plans ■ B9
ATHABASCA OIL ....B9
BCE ....B9
CANADIAN UTILITIES ....B9
CN RAIL ....B9
LULULEMON ....B2
MAPLE LEAF FOODS ....B9
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CIRO通知称,投资者可能会遇到交易量较低、买卖价差扩大以及价格波动加剧的情况
MEERA RAMAN
随着加拿大股票交易时间突破传统的$6^{1 / 2}$小时交易日,该国的投资监管机构正警告投资者,在常规市场时间之外买卖股票可能会带来额外风险。
加拿大投资监管组织(CIRO)周四向投资交易商发布了关于延长交易时间的指南,并向投资者发出通知,称在常规时间之外,他们可能会遇到交易量较低、买卖价格差距更大以及价格波动更剧烈的情况。CIRO是一个监管所有投资交易商和共同基金交易商的自律组织。
该指南发布之际,CIX Trading Inc. 刚刚推出一个新的加拿大交易平台,允许投资者在东部时间8 a.m.至5 p.m.之间买卖国内股票。CIX计划在今年晚些时候将交易时间扩大至7 a.m.至8 p.m. ET,并最终在周一至周五提供每天23小时的交易。目前,加拿大交易所的股票在每个工作日的东部时间9:30 a.m.至4 p.m.之间交易。
CIRO市场监管高级副总裁凯文·麦考伊(Kevin McCoy)表示,他预计延长交易时间在初期的采用率将“相当低迷”,但未来可能会成为主流。
麦考伊先生表示,在常规交易时间内,所有加拿大股票市场同时开放。而在这些时间之外,活跃的市场和投资者较少,这意味着对于某种特定证券,买家和卖家可能更少。
这可能会降低流动性并扩大买卖价差(即买家愿意支付的最高价格与卖家愿意接受的最低价格之间的差额)。麦考伊先生表示,投资者获得的价格可能不如在常规交易时间内那样有利。
投资者在延长交易时间内还可能看到更大的价格波动,尤其是在公司公布财报、经济报告或突发新闻事件期间,此时交易的投资者较少。
在延长交易时间内使用市价单(通常在订单到达市场时以当时可获得的最佳价格执行)的投资者也可能遇到问题。麦考伊先生表示,由于买卖价差扩大,他们最终获得的价格可能是自己不想要的。
麦考伊先生表示,在延长交易时间内交易的投资者可以使用限价单而非市价单,限价单允许他们指定愿意买入或卖出的最高或最低价格。他说,虽然如果该价格不可得,交易可能无法完成,但这种订单让投资者能更有效地控制交易执行的价格。
麦考伊先生表示,延长交易时间可能并不适合每位投资者。例如,长期投资者可能没有理由对常规交易时间之外的进展做出立即反应,而其他投资者则可能看重在财报公布或其他影响市场的事件后进行交易的灵活性。
麦考伊先生表示,延长交易时间的引入并没有配套独立的监管制度。投资交易商在延长交易时段期间,将与常规交易时间一样,遵守相同的CIRO规则、市场规则和证券法。
推动延长交易时间的趋势并不局限于加拿大。伦敦证券交易所集团在7月宣布,计划推出LSE 24,这将最终允许伦敦上市证券在周一至周五实现近乎连续的交易。

伊朗和乌克兰的战争破坏了炼油厂,例如图中所示的位于法国西部的Total Energies Donges炼油厂(拍摄于2023.)。这使得燃料成为全球范围内一个重大的政治和经济关注点。LOIC VENANCE / AFP VIA GETTY IMAGES
ANDREW WILLIS
SUSAN KRASHINSKY ROBERTSON
The Weston family is returning to British retailing by acquiring drug-store chain Boots for US\$8.9-billion, including assumed debt, with financial backing from Fairfax Financial Holdings Ltd.
The Toronto-based Weston family's holding company, Wittington Investments Ltd., is buying the 1,800-store Boots chain from U.S. private equity fund Sycamore Partners, which acquired the British business as part of a US\$24-billion leveraged buyout of U.S. drugstore company Walgreens in 2025.
Wittington, which controls Shoppers Drug Mart, is also buying out another billionaire family, headed by former Boots chair Stefano Pessina, who acquired the chain in 2007. Mr. Pessina had retained an ownership stake when he sold the majority of the company to Sycamore.
Toronto-based asset manager Fairfax, led by value investor Prem Watsa, is backing Wittington's investment by paying US\$2.3-billion for a 50-per-cent stake in Boots. Wittington will have operating control of the chain.
Galen Weston, chairman of Wittington and Loblaw, as well as chief executive officer of holding company George Weston Ltd., will become the chair of Boots after the acquisition closes.
In the United Kingdom, Boots is the market leader in pharmacies, with 51,000 employees, a strong brand and stores located close to 80 per cent of the population.
WESTON, B6
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凯特·阿布内特 (KATE ABNETT)
霍尔格·汉森 (HOLGER HANSEN) 布鲁塞尔
国际能源署(IEA)周三同意根据 3 月启动的一项计划,加速释放石油库存并优先供应柴油,因为各国政府正寻求应对创纪录的燃料价格以及由伊朗战争引起的供应中断。
伊朗和乌克兰的战争破坏了炼油厂并干扰了油轮运输,这促使许多市场的柴油价格攀升至历史高点,使该燃料成为全球范围内主要的政治和经济关注点。
国际能源署表示,尽快完成此前宣布的释放计划可向市场提供约 1 亿桶石油,尽管分析人士和部分政府表示,这一数字并不一定代表一次规模如此之大的新干预。
国际能源署为工业化国家提供咨询,其发表的这份声明是在 G7 国家周五达成协议释放 1 亿桶原油和柴油之后发布的,这提高了人们对进一步释放石油库存的预期。G7 的这一举措是在美国总统唐纳德·特朗普警告称,如果不能向市场提供更多燃料,他可能会禁止美国出口柴油之后采取的。
国际能源署负责协调工业化国家的应急石油储备,于 3 月启动了一项 4 亿桶的释放计划,以应对伊朗战争导致的短缺和价格上涨,不过这些总量尚未全部进入市场。
“成员国政府表示支持加速 2026 年 3 月‘集体行动’中宣布的石油库存释放,旨在尽快完成释放,”国际能源署执行主任法提赫·比罗尔(Fatih Birol)在声明中表示。
“鉴于目前柴油市场的紧张状况,国际能源署成员还支持在可能的情况下优先释放柴油库存。”
国际能源署表示,根据 3 月倡议承诺的约 1 亿桶石油尚未进入市场。
国际能源署未具体说明将释放多少柴油和多少原油。
欧盟委员会的一位发言人周三表示,针对国际能源署的评论,欧盟成员国一致同意,计划中的石油释放必须在 3 月批准的额度内进行。声明称,国际能源署成员计划在下周的董事会会议上对这些计划进行评估和审查。G7 包括欧盟成员国法国、德国和意大利,以及美国、英国、日本和加拿大。
在国际能源署发表声明之前,摩根大通(JPMorgan)的分析师表示,周五的公告似乎在很大程度上是加速执行 3 月计划中已经承诺的交付,而非发出新干预的信号。
路透社
JOY SPEARCHIEF-MORRIS
Less-stringent climate policy and a push to develop carbon-intensive major projects could put Canada's greenhouse-gas targets further out of reach, according to a co-author of a new report on the country's emissions.
Canada emitted around 691 megatonnes of carbon-dioxide equivalent in 2025, about 1 per cent more than 2024 levels, according to the 440 Megatonnes project report conducted by the Canadian Climate Institute, a non-partisan climate change policy research organization.
With climate policy changes at federal and provincial levels and Ottawa's focus on major infrastructure development to bolster the economy to deal with the U.S. trade war, Canada will need to take more direct action to achieve its goal of net-zero emissions by 2050.
"There's no question at the federal and the provincial level, governments have backtracked on climate policies, and we expect that to lead to higher emissions. The government has acknowledged that openly," said Ross Linden-Fraser, acting director of the 440 Megatonnes project at the Climate Institute.
Canada's 2025 carbon emission levels were about 9.5 per cent below the 2005 baseline levels, and are well short of the goal of a 40- to 45-per-cent reduction target for 2030, a gap of about 200 megatonnes, according to the estimates in the early emissions report released on Thursday.
■ REPORT, B5
苏珊·克拉辛斯基·罗伯逊 (SUSAN KRASHINSKY ROBERTSON)
零售业记者
海蒂·奥尼尔 (Heidi O'Neill) 在担任 Lululemon Athletica Inc. 首席执行官一个月后,已开始对领导层进行重组,旨在扭转这家陷入困境的运动装零售商的局面。
这家总部位于温哥华的公司周三宣布了领导团队的新结构,设立了两个新职位——总裁兼首席产品官以及首席运营官——同时有两名高管离职。
奥尼尔女士在耐克公司 (Nike Inc.) 担任二十多年的领导职务后,于 9 月 8 日加入 Lululemon。她的任务是振兴这个曾助力打造出利润丰厚的时尚健身服产业的品牌,但该品牌目前面临着来自更新、更热门的运动休闲品牌以及提供类似款式的廉价“平替”产品的激烈竞争。
新任总裁兼产品官玛吉·高格 (Maggie Gauger) 最近担任 Athleta 的总裁兼首席执行官,Athleta 是 Gap Inc. 旗下的一家运动休闲品牌,也是 Lululemon 的竞争对手之一。
公司的新闻稿称赞高格女士推进了 Athleta 的“转型战略”,其中包括推出新产品和重塑品牌。但 Athleta 同样陷入困境,在过去一年半中,其可比销售额持续下降。
在此之前,高格女士也在耐克公司工作了二十多年,期间曾领导其在北美的女性业务。
新任运营官约瑟夫·戈德赛 (Joseph Godsey) 从沃尔玛加拿大 (Walmart Canada) 加入 Lululemon,他在那里负责增长并领导公司的电子商务业务。此前,戈德赛先生曾在山姆会员店 (Sam's Club) 和阿迪达斯 (Adidas AG) 担任领导职务。
两名高管将于 10 月 26 日入职。
与此同时,Lululemon 宣布品牌与产品激活负责人尼基·纽堡 (Nikki Neuburger) 和供应链负责人泰德·达格尼斯 (Ted Dagnese) 离职。
公司正寻求招聘另外三个领导职位:一名品牌负责人以接替纽堡女士,以及一名通信负责人和一名技术负责人。
财务负责人梅根·弗兰克 (Meghan Frank) 将承担扩大后的职责,在招到新员工之前负责监督品牌和技术职位。
“Lululemon 是一个罕见且非凡的品牌,但为了建设一家更强大、更具竞争力的公司,我们还有工作要做,”奥尼尔女士在周三的新闻稿中写道。
由于其最大市场——北美客户被其他品牌吸引,Lululemon 一直处于困境。上个月,在报告第二季度营收按固定汇率计算下降 5 per cent 至 US\$2.4-billion 后,该公司在短短三个月内第二次下调了预测。
公司一直致力于加快新产品进入门店的速度,以更好地跟上更时尚的竞争对手的步伐,并在那些对现有产品感到厌倦的购物者心中重塑品牌。
为了加强这一努力,Lululemon 一直在增加广告和社区活动的支出,同时也在寻找削减业务成本的方法。
奥尼尔女士在周三的发布稿中写道,新的领导团队将围绕其扭转战略“以更协调的方式工作”。
“这首先要将产品、设计和创新置于我们运营的核心,通过专注和问责,创造一个更强大的差异化产品管线,从而在门店和在线的每一个触点上为我们的顾客提高标准。”
Lululemon 的股价今年以来已下跌超过 50 per cent。
威廉布莱尔 (William Blair) 分析师莎伦·扎克菲亚 (Sharon Zackfia) 在周三的一份研究报告中写道,在对新任首席执行官的“战略”以及该战略何时能产生“切实结果”获得更多明确信息之前,投资者的热情不太可能改善。
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Investors may encounter lower trading volumes, wider gaps between buying and selling, greater price volatility, CIRO notice says
MEERA RAMAN
As Canadian stock trading opens up beyond the traditional $6^{1/2}$ -hour day, the country's investment regulator is warning investors that buying and selling stocks outside regular market hours can come with additional risks.
The Canadian Investment Regulatory Organization, or CIRO, issued guidance Thursday for investment dealers on extended-hours trading, and a notice for investors that they may encounter lower trading volumes, wider gaps between buying and selling prices, and greater price volatility outside regular hours. CIRO is a self-regulatory organization that oversees all investment dealers and mutual fund dealers.
The guidance comes shortly after CIX Trading Inc. launched a new Canadian trading platform that allows investors to buy and sell domestic stocks from 8 a.m. to 5 p.m. ET. CIX plans to expand those hours to 7 a.m. to 8 p.m. ET later this year and eventually offer trading 23 hours a day from Monday to Friday. Stocks currently trade on Canadian exchanges between 9:30 a.m. and 4 p.m. ET each weekday.
Kevin McCoy, senior vice-president of market regulation at CIRO, said he expects uptake in the early days of extended-hours trading to be “quite muted,” but that it could become more mainstream.
During regular trading hours, all Canadian equity marketplaces are open at the same time. Outside those hours, fewer marketplaces and investors may be active, meaning there can be fewer buyers and sellers for a particular security, Mr. McCoy said.
That can reduce liquidity and widen the bid-ask spread, the difference between the highest price a buyer is willing to pay and the lowest price a seller is willing to accept. Mr. McCoy said that investors may receive a less favourable price than they would during regular trading hours.
Investors may also see bigger price swings during extended hours, especially during company earnings, economic reports or breaking-news events when fewer investors are trading.
Investors using market orders during extended-trading hours, which generally execute at the best price available at the time the order reaches the market, may also encounter issues. Mr. McCoy said they could end up with a price that they didn't want because of the wider bid-ask spread.
Mr. McCoy said that instead of a market order, investors trading in extended hours could use limit orders, which allow them to specify the maximum or minimum price at which they are willing to buy or sell. While the trade may not be completed if that price is unavailable, the order gives investors more control over the price at which their trade is executed, he said.
Extended-hours trading may not make sense for every investor, Mr. McCoy said. Longer-term investors, for example, may have less reason to react immediately to developments outside regular trading hours, while other investors may value the flexibility to trade following an earnings announcement or other market-moving events.
The introduction of longer trading hours does not come with a separate regulatory regime, Mr. McCoy said. Investment dealers will be subject to the same CIRO rules, marketplace rules and securities laws during extended-trading sessions as they do during regular trading hours.
The push toward longer trading hours is not limited to Canada. The London Stock Exchange Group announced in July that it plans to launch LSE 24, which would eventually allow near-continuous trading of London-listed securities from Monday to Friday.

Wars in Iran and Ukraine have damaged refineries such as the Total Energies Donges oil refinery, pictured here in western France in 2023. This has turned fuel into a major political and economic concern worldwide. LOIC VENANCE/AFP VIA GETTY IMAGES
内森·莱恩 (NATHAN LAYNE)
密歇根州共和党人迈克·罗杰斯 (Mike Rogers) 正处于全美竞争最激烈的参议院选战之一。他周三呼吁结束美国与加拿大的关税争端,在下月选举前,他在第二个重大议题上与唐纳德·特朗普 (Donald Trump) 总统分道扬镳。
罗杰斯先生在很大程度上支持特朗普先生的关税政策(包括针对加拿大的关税),但他在一则发布在 X 平台上的广告中表示,与密歇根州北部邻国的贸易战应立即结束,以减轻企业和消费者的成本。
“在密歇根州,我们知道加拿大不是我们的敌人,”罗杰斯先生在广告中说道。他坐在一家社区酒吧里,手里拿着一瓶在密歇根州很受欢迎的加拿大啤酒品牌 Labatt Blue,以此强调该州与加拿大的紧密联系。
“我们需要现在就结束这场关税战争。”
在公开民调中,罗杰斯先生与民主党人阿卜杜勒·埃尔-赛义德 (Abdul El-Sayed) 的支持率不相上下。他再次强调,自己可以利用与特朗普先生的关系来解决这场争端。“作为密歇根州参议员,我将促使双方达成一致以降低你们的价格。这是首要任务,”罗杰斯先生在广告中表示。
目前的争端始于 7 月,当时特朗普先生公布了针对加拿大进口商品的新关税,并于次月生效,随后引发了加拿大的报复性措施。这一问题在密歇根州尤为敏感,因为当地汽车制造商依赖于一体化的跨境供应链,行业领袖已警告称,长期的贸易战可能会威胁到就业岗位。
包括罗杰斯先生在内,受关税打击最严重的北部边境州共和党候选人,一直试图在争取特朗普先生的忠实支持者与争取独立选民之间取得平衡。民调显示,独立选民对他处理经济问题以及与加拿大贸易关系的态度日益持批评意见。
就在上个月,罗杰斯先生还称赞特朗普先生的关税政策是总统“美国优先”议程的一部分,称其为“必要的”,但同时提醒这些政策“并非万能方案”。
对此,埃尔-赛义德先生表示,罗杰斯先生在关税问题上的转变反映出其对其选战地位的担忧。非党派选举预测机构 Cook Political Report 将这场竞选评级为“五五开 (toss-up)”。
“你从一开始就在为这场关税战争欢呼,而现在你却在反复无常,因为你的民调数据正在自由落体式下滑,”埃尔-赛义德先生在声明中说道。
在呼吁立即结束关税之争的两周前,罗杰斯先生在伊朗战争问题上也采取了类似的立场反转。他此前支持该战争,但随后敦促立即结束冲突,以此作为降低汽油和食品价格的一种手段。
这些转变反映了共和党人在 11 月中期选举前日益增长的担忧,此次选举将决定该党能否维持其在众议院和参议院的微弱多数席位。
路透社 (REUTERS)
KATE ABNETT
HOLGER HANSEN BRUSSELS
The International Energy Agency agreed on Wednesday to accelerate the release of oil stocks and to prioritize diesel supplies under a plan launched in March, as governments seek to tackle record fuel prices and supply disruptions caused by the Iran war.
Wars in Iran and Ukraine have damaged refineries and disrupted tanker traffic, helping drive diesel prices to record highs in many markets and turning the fuel into a major political and economic concern worldwide.
The IEA said completing previously announced releases as quickly as possible could bring around 100 million barrels to market, although analysts and some governments said the figure did not necessarily represent a fresh intervention of that size.
The statement from the IEA, which advises industrialized countries, followed an agreement by G7 countries on Friday to release 100 million barrels of crude and diesel, which raised expectations of additional oil stock releases. The G7 move came after President Donald Trump warned he might ban U.S. diesel exports if they did not put more of the fuel into the market.
The IEA, which co-ordinates emergency oil stockpiles among industrialized countries, launched a 400-million-barrel release program in March to counter shortages and rising prices caused by the Iran war, although not all of those volumes have yet reached the market.
“Member governments expressed support for accelerating the oil stock releases announced in the Collective Action of March 2026 with a view to completing them as soon as possible,” IEA executive director Fatih Birol said in the statement.
“IEA members also supported the prioritization of the release of diesel stocks, to the extent possible, given the current tightness in diesel markets."
The IEA said about 100 million barrels pledged under the March initiative have yet to reach the market.
The IEA did not specify how much diesel and how much crude oil will be released.
In reaction to the IEA comment, the European Union member states agreed the planned oil releases must be done within the amount approved in March, a spokesperson for the European Commission said on Wednesday. IEA members are scheduled to assess and review the plans at a board meeting next week, the statement said. The G7 includes EU members France, Germany and Italy along with the US, U.K., Japan and Canada.
Before the IEA statement, JPMorgan analysts said Friday's announcement appeared largely to accelerate deliveries already pledged under the March program rather than signal a fresh intervention.
REUTERS

一项来自达尔豪斯大学农业食品分析实验室的研究发现,今年四人份的感恩节晚餐费用将为 $35.72,比 2025年的 $32.48 增长了 10%。CHRIS YOUNG / THE CANADIAN PRESS
感恩节购物篮成本对比
食材 | NO FRILLS< / > LOBLAWS< / > WALMART< / > REAL CANADIAN SUPERSTORE< / > | 火鸡< / > $30.00< / > $32.05< / > $57.00< / > $53.00< / >< / > 土豆< / > $1.99< / > $6.00< / > $5.94< / > $6.00< / >< / > 新鲜绿豆< / > $7.98< / > $5.90< / > $8.98< / >< / > 胡萝卜< / > $3.99< / > $3.00< / > $4.88< / > $6.00< / >< / > 玉米< / > $5.00< / > $0.94< / > $5.00< / >< / > 填料< / > $6.49< / > $6.99< / > $6.96< / > $6.99< / >< / > 蔓越莓酱< / > $3.00< / > $6.00< / > $3.14< / > $3.00< / >< / > 肉汁< / > $2.37< / > $3.00< / > $2.37< / > $3.87< / >< / > 晚餐小面包< / > $2.00< / > $4.00< / > $3.97< / > $2.00< / >< / > 黄油< / > $6.00< / > $5.99< / > $4.97< / >< / > 牛奶< / > $3.65< / > $3.64< / >< / > 新鲜百里香< / > $2.50< / > $3.00< / > $3.08< / > $2.50< / >< / > 新鲜迷迭香< / > $2.50< / > $3.00< / > $3.08< / > $2.50< / >< / > 洋葱< / > $3.49< / > $3.00< / > $3.94< / > $3.00< / >< / > 大蒜< / > $0.99< / > $1.00< / > $0.98< / > $1.00< / >< / > 苹果派< / > $7.00< / > $11.00< / > $5.94< / > $6.00< / >< / > 南瓜派< / > $7.00< / > $11.00< / > $5.94< / > $6.00< / >< / > Cool Whip 奶油< / > $4.75< / > $4.50< / > $5.48< / > $4.99< / >< / > 香草冰淇淋< / > $4.50< / > $4.00< / > $2.94< / > $4.49< / >< / > 总计< / > $105.20< / > $124.15< / > $131.09< / > $133.93< / > |
THE GLOBE AND MAIL
准备一顿特别晚餐是否可能花费低于 $40?这取决于你具体准备做什么
BIANCA THOMPSON
上个月,全球食品价格达到了近四年来的最高水平,对于即将进入节日款待期的加拿大人来说,这是一个坏消息。像感恩节和圣诞节这样的大型聚会,可能会给试图降低杂货开支的家庭增加额外的压力。
达尔豪斯大学农业食品分析实验室的一项研究发现,今年四人份的感恩节晚餐费用将为 $35.72,比 2025年的 $32.48 增长了 10%。但该估算包含了一只七磅重的火鸡和基础配菜,仅计算了土豆、胡萝卜、填料、肉汁、蔓越莓、晚餐小面包和南瓜派的成本。
那么,一份更典型的盛宴成本是多少?《环球邮报》尝试在多伦多市中心的 Loblaws、No Frills、Walmart 和 Real Canadian Superstore 为六个人定价一份传统且注重成本的晚餐。
此次实验的目标是了解为六个人准备感恩节晚餐的成本,包括一只更大的火鸡、常见的配菜和两款甜点,同时测试货比三家以省钱是否值得付出额外的努力。
选择这些商店是基于距离和价格,Loblaws、No Frills 和 Walmart 是最近的选择,而 Real Canadian Superstore 作为另一家预计能提供竞争性优惠的大型杂货商被加入其中。其他品牌也被考虑过,但价格明显更高。(所有购物均在 10 月 5日前完成。随着感恩节临近以及杂货店调整促销活动和供应情况,价格可能会有所变动。)
该购物篮包含一只 16 磅(7 至 9 公斤)的火鸡、土豆、绿豆、胡萝卜、玉米棒、填料、蔓越莓酱、肉汁、晚餐小面包、黄油、牛奶、洋葱、大蒜、迷迭香、百里香、一个苹果派、一个南瓜派、Cool Whip 奶油装饰剂和香草冰淇淋。
对于从零开始烹饪、提供酒精饮料或计划更丰盛餐点的家庭来说,总费用可能会有所不同。
安大略省伦敦市 Yes Money 公司的认证理财规划师亚当·查普曼(Adam Chapman)建议,在前往商店之前先列好购物清单并预估总额,这样购物者能对即将花费的金额心中有数,而不会在结账时感到惊讶。
他表示,目标并不是在特殊场合过度节俭,而是决定哪些东西值得投入更多资金。
“挑选一件真正重要的事情,在那上面挥霍,如果你想削减开支,那么就在其他对体验影响较小的地方进行削减。”
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SUSAN KRASHINSKY ROBERTSON
RETAILING REPORTER
One month into her new job as chief executive at Lululemon Athletica Inc., Heidi O'Neill has begun an overhaul of the leadership ranks, as she seeks to turn around the struggling activewear retailer.
The Vancouver-based company announced a new structure for its leadership team on Wednesday, with the creation of two new roles – a president and chief product officer, and a chief operating officer – as well as two high-profile departures.
Ms. O'Neill joined Lululemon on Sept. 8, after more than two decades in leadership positions with Nike Inc. She has been tasked with revitalizing a brand that helped to build a lucrative industry for fashionable workout clothes, but now faces stiff competition from newer, hotter athleisure brands, as well as cheaper "dupes" offering similar styles.
The new president and chief product officer, Maggie Gauger, was most recently president and CEO of Athleta, a Gap Inc.-owned athleisure brand that is among Lululemon's competitors.
The company's news release touted Ms. Gauger's advancement of Athleta's “transformation strategy,” which included introducing new products and reshaping the brand. But Athleta has also been struggling, with comparable sales declining consistently for the past year-and-a-half.
Before that, Ms. Gauger also spent more than two decades at Nike, including leading its women's business in North America.
The new chief operating officer, Joseph Godsey, comes to Lululemon from Walmart Canada, where he was chief growth officer and led the company's e-commerce business. Prior to that, Mr. Godsey held leadership positions at Sam's Club and Adidas AG.
Both executives will join the company on Oct. 26.
At the same time, Lululemon announced the departures of chief brand and product activation officer Nikki Neuburger, and chief supply chain officer Ted Dagnese.
The company is seeking to hire for three additional leadership roles: a chief brand officer to replace Ms. Neuburger, a chief communications officer and a chief technology officer.
Chief financial officer Meghan Frank will take on expanded responsibilities overseeing brand and technology roles until the new hires are found.
“Lululemon is a rare, extraordinary brand, but we have work to do to build a stronger and more competitive company,” Ms. O'Neill wrote in Wednesday’s press release.
Lululemon has been struggling as North American customers, its largest market, have been wooed away to other brands. Last month, the company lowered its forecasts for the second time in just three months, after reporting its second-quarter revenue fell by 5 per cent on a constant-currency basis to US\$2.4-billion.
The company has been working to bring new products to its stores faster, to better keep pace with trendier rivals, and to revive its brand in the minds of shoppers who grew tired of its offerings.
To bolster that effort, Lululemon has been ramping up spending on advertising and community events, while also finding ways to cut costs in the business.
The new leadership team will “work in a more coordinated manner” around its turnaround strategy, Ms. O’Neill wrote in Wednesday’s release.
“That starts with putting product, design, and innovation at the center of how we operate, with the focus and accountability to create a stronger pipeline of differentiated product to raise the bar for our guests across every touchpoint, in stores and online.”
Lululemon's stock price has declined more than 50 per cent year to date.
Investors' enthusiasm is unlikely to improve “until more clarity is achieved on the strategy” of the new CEO, as well as how soon that strategy will yield “tangible results,” William Blair analyst Sharon Zackfia wrote in a research note on Wednesday.
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在对比了所有四家商店后,No Frills 的一站式购物篮在税前价格最低,为 $105.20。同样的购物篮在 Loblaws 的价格为 $124.15,在 Walmart 为 $131.09,在 Real Canadian Superstore 为 $133.93,最便宜与最贵选项之间的差价为 $28.73。
这一差距最终取决于火鸡的价格。
一只七到九公斤的冷冻火鸡在 No Frills 的价格为 $30,在 Loblaws 为 $32.05。同样尺寸的火鸡在 Real Canadian Superstore 为 $53,在 Walmart 为 $57。
仅选择最便宜的火鸡就能节省高达 $27。配菜的价格也各不相同,一袋 10 磅的黄马铃薯在 No Frills 的价格为 $1.99,而 Walmart 为 $5.94,Loblaws 和 Real Canadian Superstore 则均为 $6。
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NATHAN LAYNE
Michigan Republican Mike Rogers, locked in one of the nation's most competitive Senate races, called on Wednesday for an end to the U.S.-Canada tariff dispute, breaking with President Donald Trump on a second major issue ahead of next month's election.
Mr. Rogers, who has largely backed Mr. Trump's tariffs, including those on Canada, said in an ad posted on X that the trade fight with Michigan's northern neighbor should end immediately to ease costs for businesses and consumers.
“Here in Michigan, we know that Canada is not our enemy,” Mr. Rogers says in the ad, seated at a neighbourhood bar with his hand wrapped around a bottle of Labatt Blue, a Canadian beer brand popular in Michigan, as he underscores the state’s close ties to Canada.
“We need to end this tariff war now.”
Mr. Rogers, who is running neck-and-neck with Democrat Abdul El-Sayed in public polling, reiterated an argument that he could leverage his ties to Mr. Trump to resolve the dispute. "As Michigan Senator, I'll bring both parties together to lower your prices. That's job number one," Mr. Rogers said in the ad.
The current dispute dates to July, when Mr. Trump unveiled new tariffs on Canadian imports that took effect the following month, prompting retaliatory measures from Canada. The issue is especially sensitive in Michigan, where automakers depend on integrated cross-border supply chains and industry leaders have warned that a prolonged trade war could threaten jobs.
Republican candidates in northern border states hit hardest by the tariffs, including Mr. Rogers, have sought to balance appeals to Mr. Trump's loyal base with efforts to win over independent voters, who polls show have grown increasingly critical of his handling of the economy and trade relations with Canada.
As recently as last month, Mr. Rogers had praised Mr. Trump's tariffs as part of the President's America First agenda, calling them “necessary” while cautioning that they were “not a one-size-fits-all solution.”
In response, Mr. El-Sayed said Mr. Rogers' shift on tariffs reflected concern about his standing in the race, which the nonpartisan election forecaster Cook Political Report rates a “toss-up.”
“You cheered this tariff war from the beginning and you’re flip-flopping now because your poll numbers are in free fall,” Mr. El-Sayed said in a statement.
The call for an immediate end to the tariffs came just two weeks after Mr. Rogers similarly reversed course on the war with Iran, which he had previously supported, urging an immediate end to the conflict as a way to lower gasoline and grocery prices.
The shifts reflect growing concerns among Republicans ahead of the November midterms, which will determine whether the party can hold onto its narrow House and Senate majorities.
REUTERS
亚当·查普曼 (ADAM CHAPMAN)
YES MONEY 认证理财规划师
追逐每一场促销是否值得付出额外努力?
《环球邮报》在四家商店中挑选了每件商品的最低价版本,构建了一个“折扣猎人”购物篮,以确定到处比价是否真的值得。
对于按重量销售的商品,每家店对比的重量相同。例如,两磅绿豆在 Walmart 的价格约为 5.90,而 No Frills 为 7.98。Walmart 的玉米也更便宜,四根玉米棒的价格仅为 94 美分,而 No Frills 为 $5。
最终的“折扣猎人”购物篮在税前总计 $92.60,比在最便宜的一站式商店 No Frills 购买所有商品还少 $12.60。
与 Loblaws 相比,节省的金额增加到 $31.55。与 Walmart 相比,增加到 $38.49,而与 Real Canadian Superstore 相比,则超过 $40。但获得最低账单需要付出代价:时间。
“精力也是有成本的,”查普曼先生说,“如果这意味着要到处奔波购物,你几乎是在破坏自己的感恩节体验,因为当你准备用餐时,你已经精疲力竭了。”
在多伦多市中心的一个周日上午,跑几家商店的驾驶时间就超过 40 分钟,这还没算上停车、购物和排队的时间。此外还需要考虑汽油、公共交通或 Uber 的费用。
对于任何试图降低节日开支的人,查普曼建议举办一次自带菜肴的聚餐(potluck)。主人可以提供主菜,而客人带来配菜、甜点或饮料。
他建议,最好的交易并不总是最便宜的,而是在不耗费过多时间和精力的情况下能省钱的方案。
《环球邮报》特别报道

A study from Dalhousie University's Agri-Food Analytics Lab found that a Thanksgiving dinner for four will cost \$35.72 this year, up 10 per cent from \$32.48 in 2025. CHRIS YOUNG/THE CANADIAN PRESS
Thanksgiving grocery cart cost comparison | INGREDIENT | NO FRILLS | LOBLAWS | WALMART | REAL CANADIAN SUPERSTORE | Turkey | $30.00 | $32.05 | $57.00 | $53.00 | Potatoes | $1.99 | $6.00 | $5.94 | $6.00 | Fresh green beans | $7.98 | $7.98 | $5.90 | $8.98 | Carrots | $3.99 | $3.00 | $4.88 | $6.00 | Corn | $5.00 | $5.00 | $0.94 | $5.00 | Stuffing | $6.49 | $6.99 | $6.96 | $6.99 | Cranberry sauce | $3.00 | $6.00 | $3.14 | $3.00 | Gravy | $2.37 | $3.00 | $2.37 | $3.87 | Dinner rolls | $2.00 | $4.00 | $3.97 | $2.00 | Butter | $6.00 | $5.99 | $4.97 | $4.97 | Milk | $3.65 | $3.64 | $3.64 | $3.64 | Fresh thyme | $2.50 | $3.00 | $3.08 | $2.50 | Fresh rosemary | $2.50 | $3.00 | $3.08 | $2.50 | Onions | $3.49 | $3.00 | $3.94 | $3.00 | Garlic | $0.99 | $1.00 | $0.98 | $1.00 | Apple pie | $7.00 | $11.00 | $5.94 | $6.00 | Pumpkin pie | $7.00 | $11.00 | $5.94 | $6.00 | Cool Whip | $4.75 | $4.50 | $5.48 | $4.99 | Vanilla ice cream | $4.50 | $4.00 | $2.94 | $4.49 | Total | $105.20 | $124.15 | $131.09 | $133.93 | THE GLOBE AND MAIL
Is it possible to make your special dinner for less than \$40? It depends on exactly what you're making
BIANCA THOMPSON
Global food prices reached their highest level in nearly four years last month, bad news for Canadians headed into holiday entertaining. Large gatherings such as Thanksgiving and Christmas can add another layer of pressure for households trying to keep grocery costs down.
A study from Dalhousie University's Agri-Food Analytics Lab found that a Thanksgiving dinner for four will cost \$35.72 this year, up 10 per cent from \$32.48 in 2025. But that estimate included a seven-pound turkey and basic side dishes, only factoring in the cost of potatoes, carrots, stuffing, gravy, cranberries, dinner rolls and a pumpkin pie.
So what's the cost of a more typical spread? The Globe set out to price a traditional, yet cost-conscious, dinner for six people at Loblaws, No Frills, Walmart and Real Canadian Superstore in mid-town Toronto.
For this experiment, the goal was to get a sense of what it costs to put Thanksgiving dinner on the table for six, with a larger turkey, familiar sides and a couple of desserts, while testing whether shopping around to save is worth the extra effort.
These stores were selected based on proximity and price, with Loblaws, No Frills and Walmart being the closest options, and Real Canadian Superstore added as another major grocer expected to offer competitive deals. Other brands were considered, but were noticeably more expensive. (All shopping was completed by Oct. 5. Prices may vary as Thanksgiving approaches and grocery stores adjust promotions and availability.)
The basket included a 16-pound (seven-to-nine kilogram) turkey, potatoes, green beans, carrots, corn on the cob, stuffing, cranberry sauce, gravy, dinner rolls, butter, milk, onions, garlic, rosemary, thyme, an apple pie, a pumpkin pie, Cool Whip and vanilla ice cream.
Households making dishes from scratch, serving alcohol or planning a more elaborate spread could see different totals.
Adam Chapman, a certified financial planner at Yes Money in London, Ont., recommends making a grocery list and estimating the total before heading to the store, so shoppers have a sense of what they are about to spend and aren't surprised at the checkout.
He says the goal isn't to be overly frugal during a special occasion but to decide what is worth spending more on.
“Pick that one thing that really matters, splurge on that, and then if you're trying to cut back, cut back on everything else that's maybe a little bit less important to the experience.”
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克里斯托弗·鲁加伯 华盛顿报道
根据周三公布的中央银行最近一次会议纪要,大多数美国联邦储备委员会(美联储)官员预计,今年可能需要再次提高利率以对抗通货膨胀。
纪要显示,官员们一致认为通货膨胀率仍然处于高位,且近几个月在实现 2% 的目标方面没有取得太大进展。美联储在 9 月 15-16 日的会议上将关键利率提高了 0.25 个百分点,至约 3.9%,这是三年来首次加息。
此次加息违背了美国总统唐纳德·特朗普多次要求美联储降息的呼吁,并促使总统批评美联储的利率设定委员会,尽管他仍然表示支持今年早些时候由他任命的主席凯文·沃什。此次加息正值美国人已经在与高昂的食品、汽油和住房成本作斗争之际,且在仅剩七周的即将到来的中期选举中,生活负担能力已成为主导议题。
由于政府债务增加、科技公司为资助数据中心建设而大量借贷、油气价格上涨以及增长和通胀保持高位的迹象等多种原因,抵押贷款和其他借贷的长期利率在过去几个月也大幅跳升。美联储的加息在这一增长中可能仅起到了有限的作用。
尽管如此,关键政策制定者在会议后表示,美联储可以在采取进一步行动前,花一些时间监测经济以及上个月加息的影响。根据期货定价,华尔街投资者目前预测美联储将在 10 月 28-29 日的下次会议上维持利率不变,并在 12 月会议时将其提高。
美联储理事会副主席菲利普·杰斐逊上周表示,政策制定者“需要做出自己的判断,这可能需要更多时间”。
根据美联储的数据,8 月的通货膨胀率低于许多经济学家的预期,但仍处于高位。整体价格较去年同期上涨 3.4%,而剔除波动较大的食品和能源类别的核心价格上涨 3%。按月计算,价格从 7 月到 8 月上涨 0.3%,核心价格仅上涨 0.2%。
美联储在 9 月 15-16 日的会议上将关键利率提高至约 3.9%,这是三年来首次加息。
根据纪要,即使
根据纪要,即使长期利率上升,许多官员表示,包括股价上涨在内的金融状况“似乎有利于经济增长”,这表明可能需要更多次加息来冷却经济。
几位政策制定者表示,他们认为美联储的利率过低,不足以抑制经济,或者仅起到轻微的抑制作用。这表明他们将支持多次加息以遏制通货膨胀。
伊朗战争导致的油气价格上涨以及关税的持续影响在近几个月推高了成本。但即使剔除这些趋势,许多美联储官员认为通货膨胀率卡在 2.5% 到 3% 之间,高于其目标。由于数据中心建设的迅速激增,半导体、计算机设备和电子元件价格的飙升也在加速通货膨胀中发挥了重要作用。
美联储在 9 月 15-16 日的会议上将关键利率提高至约 3.9%,这是三年来首次加息。提高利率旨在放缓借贷和支出,冷却经济并降低通货膨胀。
沃什先生在宣布后强调,自中央银行在 7 月下旬决定维持利率不变以来,经济已显示出加速迹象。
“事实很明显,通货膨胀率过高,且持续时间太长,”沃什先生在上个月会议后的一次新闻发布会上表示。“我们必须确信,潜在通胀正清晰且足够快速地向我们的目标移动。今天,联邦公开市场委员会(FOMC)认定这一标准尚未达成,”他补充道。FOMC是美联储的一个政策制定机构。
特朗普先生批评该委员会投票决定加息,称其“具有强烈的政治色彩”,但他并未点名沃什先生。
“他们提高利率是为了让特朗普尽可能地糟糕,”总统说道。
美联社
华尔街投资者目前预测,美联储将在10月28-29日的下次会议上维持利率不变,并在12月的会议上将其提高。何塞·路易斯·马加纳 / 美联社
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After comparing all four stores, No Frills had the cheapest one-stop cart at \$105.20 before tax. The same basket came to \$124.15 at Loblaws, \$131.09 at Walmart and \$133.93 at Real Canadian Superstore, a difference of \$28.73 between the cheapest and most expensive options.
This gap ultimately came down to the cost of the bird.
A seven-to-nine kilogram frozen turkey cost \$30 at No Frills and \$32.05 at Loblaws. A similarly sized turkey was \$53 at Real Canadian Superstore and \$57 at Walmart.
Choosing the cheapest turkey alone could save as much as \$27. Sides varied too, with a 10-pound bag of yellow potatoes costing \$1.99 at No Frills, versus \$5.94 at Walmart and \$6 at both Loblaws and Real Canadian Superstore.
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政府与私有机场管理者的接触可以产生实质性的益处
乔丹·艾曾加 (JORDAN EIZENGA)
蒂姆·墨菲 (TIM MURPHY)
观点
乔丹·艾曾加是德勤加拿大 (Deloitte Canada) 的国家基础设施负责人。
蒂姆·墨菲是 Aecon 公司的执行副总裁。
优质的基础设施能高效且有效地为加拿大人提供服务。政府近期允许在主要机场实施私有特许经营的变动,将有助于更好地服务于工作人员、乘客及社区。
在 20 世纪 90 年代,渥太华将最大的几个机场移交给非营利性的机场管理局,这些管理局根据与加拿大交通部签署的长期地面租赁协议运行。这在当时是有意义的,且允许机场从私人市场借款以扩建航站楼和跑道,而无需纳税人的支持。
但过去 30 年暴露了该模式的局限性。虽然机场管理局在财务上独立,但它们缺乏持续基础设施投资所需的财务灵活性、定价纪律或对政府的问责制。根据多项指标,加拿大机场在发达国家中是最昂贵的,且其基础设施需要持续的大规模升级。
例如,多伦多皮尔逊机场的乘客需求预计在未来 10 年内将持续增长,这将需要额外的基础设施、行李系统和其他辅助技术来予以应对。
这些问题此前已被意识到。2016 年的《加拿大交通法》审查建议,可以将最大的几个机场在监管模式下移交给私人投资者。
机场改革早已迟到。
政府决定保留机场土地的所有权,同时允许与私有机场管理者签署长期特许经营协议,这可以为工作人员和乘客带来几项实质性的益处。
它引入了一个政府可以追究责任的机场管理者。目前,机场管理局运营着公共基础设施,但政府几乎没有办法影响机场如何制定价格、管理与员工的关系,或确保适当的服务和资本投资水平。当政府在近 30 年前移交机场时,并未建立任何实现这些目标的机制。这是一个错误,政府现在可以予以纠正。
与私有运营商的特许经营协议用一项具有约束力的协议取代了公共控制的缺失,该协议规定了机场费用、工会工资要求、服务以及资本升级义务的规则。如果私有特许经营商未能履行这些合同义务,政府通常将有具体方式来纠正这种情况。
这种安排并不意味着公共参与的减少,也不意味着对工人及消费者的保护降低。相反,这是一种更直接、更负责且更具强制力的模式,用于监管我们最大机场的绩效,从而使每个人受益。
例如,伦敦、悉尼、墨尔本、奥克兰、布鲁塞尔和哥本哈根的机场全部在私有投资下运行,并使用合同来管理定价、绩效标准和资本升级要求。这些模式并非全部完美,但我们可以吸取每种合同模式的优点,并将这些经验恰当地应用于我们最大的机场。
特许经营的另一个好处是它可以释放有限的政府资源。我们目前的机场模式使联邦政府的资本被锁定在私营部门愿意投资的资产中。更好的做法是将公共资本从这些资产中重新部署到私营部门不会资助且我们迫切需要的领域,例如经济适用房和公共交通。
反对者经常将安大略省 407 号高速公路(Highway 407 ETR)的特许经营权视为一个反面教材,在该案例中,政府出售公共基础设施资产的特许经营权时所定的价格,在事后看来被证明显著过低。在特许经营后的近三十年里,我们关于合同设计、收入分成要求以及保护公众利益的监管方面积累了大量经验。
如果加拿大人能减少对机场所有权的关注,而更多地关注机场如何管理、签约和监管,以确保义务可执行且公民支付的费用得到妥善监督,将大有裨益。即便由私人管理公司运营,这一点同样可以实现。通过借鉴其他地区模型的最佳实践,加拿大完全有能力改善我们的机场,释放被锁定在这些机场资产中的巨额联邦资金,并将其重新定向用于急需的公共产品。
ADAM CHAPMAN
CERTIFIED FINANCIAL PLANNER
AT YES MONEY
IS CHASING EVERY SALE WORTH THE EXTRA EFFORT?
The Globe picked the cheapest version of each item across the four stores to build a “deal-hunter” basket and determine whether shopping around was actually worth it.
For items sold by weight, the same amount was compared at each store. For example, two pounds of green beans cost about
5.90 at Walmart, compared with 7.98 at No Frills. Walmart's corn was also cheaper, with a four-pack of corn on the cob costing just 94 cents, compared with \$5 at No Frills.
The final deal-hunter basket came to \$92.60 before tax, \$12.60 less than buying everything at No Frills, the cheapest one-stop shop.
Compared with Loblaws, the savings grew to \$31.55. Compared with Walmart, they grew to \$38.49 and more than \$40 compared with Real Canadian Superstore. But getting the lowest bill comes with a trade-off: time.
"There's a cost to effort," Mr. Chapman said. "If that includes shopping all over the place, you're almost kind of ruining your own experience of Thanksgiving because you're so exhausted by the time you get to the meal."
On a Sunday morning in mid-town Toronto, hitting several stores added up to more than 40 minutes of driving before factoring in time for parking, shopping and lineups. There are also costs for gas, transit or Uber to consider.
For anyone trying to keep holiday spending down, Chapman suggests hosting a potluck. The host can provide a main dish, while guests bring sides, desserts or drinks.
The best deal, he suggests, is not always the cheapest but the one that saves money without costing excess time or energy.
Special to The Globe and Mail
萨米·基布里亚 (SAMI KIBRIA)
阿卜杜拉·斯诺巴 (ABDULLAH SNOBAR)
观点

8月,阿尔伯塔省居民抗议拟在阿尔伯塔省莫林维尔(Morinville)建设的 Meta 数据中心。这座耗资 $13-billion 的数据中心将支持 Meta 的 AI 工作,但不会扩大加拿大企业的算力。
AMANDA MAY ERICKSON / THE CANADIAN PRESS
萨米·基布里亚是 flexgrid.cloud 的联合创始人。
阿卜杜拉·斯诺巴是 DMZ 的执行董事兼 DMZ Ventures 的首席执行官。
Meta 最近在阿尔伯塔省投资 $13-billion 建设数据中心,这充分证明了加拿大作为全球人工智能舞台上的重要参与者,在研究、教育机构和人才方面处于领先地位。这些投资还将 AI 基础设施推向了公众讨论的视野,而这种讨论早已迫在眉睫。
虽然应该庆祝通过大规模投资数据中心来创造更多 容量,但加拿大需要思考我们的创业者、研究人员、企业和机构实际上将如何利用上述基础设施,在本土打造下一代 公司。
加拿大在 2017, 就启动了全额资助的国家 战略,早于世界上任何其他国家。这些投资将 Vector 研究所、Amii 和 MILA 打造成为全球闻名的研究机构。我们正从数据中看到回报,例如在 人才的增长率方面,加拿大已正式超过美国。
随着总理马克·卡尼承诺到 2031, 创造 250,000 个 就业岗位,显然我们的政府正致力于将 置于加拿大经济议程的中心。
如果没有算力(即处理能力)的支持,仅有就业目标、强大的人才库和研究是不够的。联邦政府的主权 战略早在 2024 回顾出了一个我们无法继续忽视的巨大问题。如果没有足够的 算力支持,加拿大的创新虽然诞生于此,但其规模化扩张将在其他地方完成,因为本土缺乏实现这一目标的设施。
面对日益增长的 需求,我们的默认反应仅仅是建设更大的数据中心,而我们都知道那句格言:大并不一定意味着好。加拿大需要更多的容量,但容量并不是决定谁领导 经济的唯一因素——访问权限才是。
以 Meta 在阿尔伯塔省的投资为例,这是对加拿大的一次重大信任投票,但其中有一个重要的区别需要意识到。该数据中心将服务于 Meta 自身的 工作,而不会为加拿大的企业、研究人员和创业者开发自己的 项目而扩大算力。
据报道,根据 Anthropic 最近在加拿大招聘的少数几个岗位来看,该公司也在考虑在阿尔伯塔省建设数据中心。无论是 Meta 还是 Anthropic 在阿尔伯塔省落户,都不能保证附近卡尔加里的初创公司能够获得其能力支持。
这种区别至关重要,因为加拿大人获得算力的难度越低,我们的研究就越能转化为公司、就业岗位(包括直接和间接就业)以及经济增长。 部长埃文·索罗门宣布的联邦政府新《负责任数据中心开发原则》意识到了这一区别,要求国内的数据中心项目为加拿大人提供切实利益,包括算力访问权限和就业机会,但我们仍有更多工作要做。
外来投资在加拿大的 战略中无疑占有一席之地,鼓励这些参与者分享更多收益无疑是进步,但这不能成为我们唯一的解决方案。
每个经济时代都有一个定义性的基础设施,从铁路、电力到后来的云端。在普通企业和个人能够访问它们之前,没有一个具有革命性。
如今,AI 对计算机的要求比一年前要高得多。我们向其输入更复杂的任务,期待更快速的响应,且同时访问系统的用户数量也在增加。
算力(Compute)是竞争的关键,而获取算力的能力则是瓶颈。那些能够简化算力获取的国家,才能将 AI 研究转化为公司和就业等实际产出。
分布式 基础设施——即在多个地点构建算力网络,而非将其集中在一个巨型设施中——是解决获取问题的方案。
它能让算力更接近实际使用它的个人和企业,从而增强系统的稳定性,并让企业能够更清晰地掌控其工作负载。
在 经济中占据领先地位的国家,将是那些能让本国创业者最便捷地构建和获取主权算力的国家。在过去的十年多时间里,加拿大投入大量精力构建了全球最强大的 生态系统之一,现在我们必须为他们提供能够引领该领域的底层基础设施。
CHRISTOPHER RUGABER WASHINGTON
Most U.S. Federal Reserve officials expect that another interest-rate increase will likely be needed this year to combat inflation, according to minutes released Wednesday from the central bank's most recent meeting.
The officials unanimously agreed that inflation was still elevated and had not made much progress toward their 2-per-cent target in recent months, the minutes said. The Fed increased its key interest rate at the Sept. 15-16 meeting by a quarter-point to about 3.9 per cent, its first increase in three years.
The increase defied U.S. President Donald Trump's repeated calls for the Fed to cut rates and prompted the President to criticize the Fed's rate-setting committee, though he still expressed support for chairman Kevin Warsh, whom he appointed earlier this year. The rate increase comes as Americans are already struggling with high costs for groceries, gas and housing, and as affordability has taken on a leading role in the upcoming midterm elections, just seven weeks away.
Longer-term interest rates for mortgages and other borrowing have also jumped in the past few months for a range of reasons, including rising government debt, heavy borrowing by tech firms to finance data-centre construction, climbing oil and gas prices, and signs that growth and inflation remain elevated. The Fed's rate hike has likely played only a limited role in the increase.
Still, key policy makers have said since the meeting that the Fed can take some time to monitor the economy and the impact of last month's rate hike before making another move. Wall Street investors now forecast the Fed will keep its rate unchanged at its next meeting on Oct. 28-29, according to futures pricing, and raise it when they meet in December.
Philip Jefferson, vice-chair of the Fed's board of governors, said last week that policy makers "will need to come to our own judgment, which may take more time."
Inflation, according to the Fed's in lower than many economists expected in August but remained elevated. Overall prices rose 3.4 per cent compared with a year earlier, while core prices – which exclude volatile food and energy categories – increased 3 per cent. On a monthly basis, prices rose 0.3 per cent from July to August, and core prices just 0.2 per cent.
The Fed lifted its key interest rate to about 3.9 per cent at its Sept. 15-16 meeting, its first increase in three years.
According to the minutes, even
According to the minutes, even with the rise in longer-term rates, many officials said that financial conditions – which includes rising stock prices – “appeared to be supportive of economic growth,” a sign that more rate hikes may be needed to cool the economy.
Several policy makers said that they saw the Fed's rate as too low to restrain the economy, or only acting as a mild restraint. That suggests they would support multiple rate hikes to rein in inflation.
Higher oil and gas prices stemming from the Iran war and the lingering effects of tariffs have lifted costs in recent months. But even excluding those trends, many Fed officials believe inflation is stuck between 2.5 per cent and 3 per cent, above its target. Spiking prices for semi-conductors, computer equipment, and electrical components owing to the rapid surge in data-centre construction have also played a big role in accelerating inflation.
The Fed lifted its key interest rate to about 3.9 per cent at its Sept. 15-16 meeting, its first increase in three years. Higher rates are intended to slow borrowing and spending, cool the economy and bring down inflation.
Mr. Warsh emphasized after the announcement that the economy has shown signs of gathering speed since the central bank decided to keep rates unchanged in late July.
"The plain fact is that inflation is too high and has been for too long," Mr. Warsh said at a news conference after last month's meeting. "We must be confident that underlying inflation is moving to our objective clearly and at sufficient speed. Today the FOMC decided that this standard has not been satisfied," he added, referring to the policy-setting Federal Open Market Committee, an arm of the Fed.
Mr. Trump criticized the committee for voting to raise rates, calling them “very political,” but he did not single out Mr. Warsh.
“They’re raising rates to make Trump do as bad as they can possibly do,” the President said.
ASSOCIATED PRESS

Wall Street investors now forecast the Fed will keep its rate unchanged at its next meeting on Oct. 28-29 and raise it when they meet in December. JOSE LUIS MAGANA/ASSOCIATED PRESS
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大卫·麦克尼科尔 (DAVID MacNICOL)
观点
MacNicol & Associates 资产管理公司总裁兼投资组合经理
近期全球收益率的同步上升并非单纯是美国的财政或货币问题。
投资者正在重新评估全球债务水平、持续的通货膨胀,以及由地缘政治冲突和贸易争端所标志的不断变化的世界秩序。这些担忧增加了债券市场的波动性,并已开始影响许多平衡导向的投资组合。
由于收益率与债券价格呈反向变动,收益率的剧烈上涨给许多固定收益投资者带来了损失,且这种情况可能会持续下去。
全球范围内,长期政府债券收益率已跳升至数十年来的高点,在发达国家尤为明显:美国10年期国债收益率升至5.6%以上,日本10年期收益率接近3%,英国30年期收益率则在6%以上。全球长期收益率释放出的信号已超出了对央行加息的典型反应:这反映了投资者对全球财政和货币状况缺乏信心。
央行目前面临一项艰巨的任务——在脆弱的经济增长与高企的通胀之间取得平衡。在疫情后的上一次通胀周期中,由于判断失误,预计他们在本周期中将表现得过于鹰派。
这些央行不希望连续两次出错,他们对抗的将不仅仅是通胀,还将对抗近期因误判形势而留下的记忆以及投资者的信心。然而,将利率维持在高位过久可能会造成严重的经济损害。如果央行维持鹰派立场,债券抛售可能会继续,并暴露发达国家更深层的财政脆弱性。
各国政府正感受到收益率上升的影响和后果。美国财政部最近将其债券回购计划从US$2-billion增加到US$6-billion,规模扩大了三倍。财政部声称,这一决定旨在增加国债市场的流动性。然而,许多投资者对该决定的时机提出质疑,并认为该计划旨在最大限度地减少利率的上升。
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Government's overtures with private airport managers can produce meaningful benefits
JORDAN EIZENGA
TIM MURPHY
OPINION
Jordan Eizenga is the national infrastructure leader at Deloitte Canada.
Tim Murphy is executive vice-president at Aecon.
Good infrastructure delivers services to Canadians efficiently and effectively. The government's recent changes to allow private concessions in our major airports will help to serve workers, passengers and the community better.
In the 1990s, Ottawa transferred its largest airports to nonprofit airport authorities operating under long-term ground leases with Transport Canada. It made sense at the time and let airports borrow from private markets to expand their terminals and runways without needing taxpayer support.
But the past three decades have exposed the model's limits. While airport authorities are financially independent, they do not have the financial flexibility, pricing discipline or accountability to government that continued infrastructure investment will require. By many metrics, Canadian airports are among the most expensive in the developed world and need significant continuing upgrades to their infrastructure.
Passenger demand at Toronto Pearson, for example, is expected to grow over the next 10 years, which will require additional infrastructure, baggage systems and other ancillary technology to accommodate.
These issues have been recognized before. The 2016 Canada Transportation Act Review recommended potentially moving the largest airports to private investors under a regulated model.
Airport reform is long overdue.
The government's decision to retain ownership of airport land while allowing long-term concessions with private airport managers can produce several meaningful benefits to workers and passengers.
It introduces an airport manager the government can hold to account. Currently, airport authorities operate public infrastructure, but the government has almost no way to influence how airports set prices, manage relationships with workers or ensure proper service and capital investment levels. When the government transferred the airports almost 30 years ago, it did not build in any mechanism to do so. That was a mistake that the government can rectify now.
A concession with a private operator replaces that lack of public control with a binding agreement that establishes rules for airport fees, union wage requirements, service and capital upgrade obligations. If a private concessionaire fails to meet these contractual obligations, the government will ordinarily have specific ways to rectify the situation.
Such an arrangement is not less public involvement or protection of workers and consumers. It is a more direct, accountable and enforceable model for regulating the performance of our largest airports in a way that can benefit everyone.
Airports in London, Sydney, Melbourne, Auckland, Brussels and Copenhagen, for example, all operate with private investment using contracts that govern pricing, performance standards and capital upgrade requirements. Not all of these have been perfect, but we can take the best of each of these contract models and apply those lessons appropriately to our largest airports.
A further benefit of a concession is that it can free up limited government resources. Our current airport model has kept the federal government's capital tied up in assets in which the private sector would gladly invest. A better approach would be to redeploy public capital from these assets to things the private sector will not fund and that we sorely need, such as affordable housing and transit.
Opponents often look to Ontario's Highway 407 ETR concession as an example where government sold concession rights to a public infrastructure asset at a value that, with hindsight, proved significantly too low. We have learned a lot in the nearly three decades since that concession about contract design, revenue-sharing requirements and regulation that protect the public interest.
Canadians would be well served by focusing less on who owns the airport and more on how it is managed, contracted and regulated to ensure enforceable obligations and proper oversight of the fees citizens pay. That can happen with a private manager. By applying the best aspects of models used elsewhere, Canada is well positioned to improve our airports, unlock the immense amount of federal capital tied up in these airport assets and redirect it to much-needed public goods.
由于借贷成本上升和生活负担能力仍是选民关注的核心问题,美国财政部在期中选举前几周干预债券市场,也招致了政治上的抵制。收益率上升不仅影响消费者,还会影响那些需要偿还巨额赤字的政府。
正如我们所见,财政部的这一举措并未降低利率;反而推高了长期利率,并导致许多投资者质疑财政部的独立性及其动机。财政部长斯科特·贝森特(Scott Bessent)在处理此事时面临批评,其中包括来自其前导师斯坦利·德鲁肯米勒(Stanley Druckenmiller)的批评。德鲁肯米勒曾在 20 世纪 90 年代通过做空英镑而“击垮英格兰银行”,他在上个月的一篇评论文章中警告称,违背基本面而试图捍卫价格的政府总是会失败,唯一的变量是他们在认输前会投入多少资金。
与此同时,美国联邦储备委员会的利率政策通过货币波动、资本流动和输入性通胀,对全球市场产生了连锁反应。美国利率较高会吸引资本,支撑美元,并给其他货币带来压力。
全球央行都感受到了这些压力,并试图在避免高利率带来进一步经济压力的同时,保护本国货币的购买力。日本放弃超低利率政策,以及欧洲持续的通胀担忧,可能会加剧全球债券市场的波动,并可能导致进一步的走弱。
对于投资者和消费者而言,基准利率上升意味着借贷成本增加和债券价格下跌。许多依赖固定收益来缓冲股票回撤的平衡投资组合,反而经历了两类资产同时下跌的情况,这重复了 2022 年 的局面。近期收益率的上升推低了债券价格,影响了投资者情绪,并引发了信贷基金的资金外流。
收益率上升在根本上并非负面因素:它可以提高投资者的收益,并在经历了数年近零收益率后使债券市场定价回归正常。如今的危险不在于收益率的水平,而在于债券价格调整的波动性和速度,而财政脆弱性加剧了这一情况,对消费者、投资者和政府产生了不利影响。
最终,全球债券市场的表现可能并非完全由货币政策决定,而可能取决于投资者对通胀周期性的看法,以及他们对政策制定者能否控制通胀的信心。财政政策预计将成为债券市场表现的驱动因素,因为投资者希望政府证明其行为是可持续的而非波动不定的。
由于众多参与者在不确定的经济环境中摸索,全球债券市场可能会保持异常波动。
SAMI KIBRIA
ABDULLAH SNOBAR
OPINION

Albertans protest a proposed Meta data centre in Morinville, Alta., in August. The \$13-billion data centre will support Meta's AI work, but it won't expand the compute power for Canadian businesses.
AMANDA MAY ERICKSON/THE CANADIAN PRESS
Sami Kibria is co-founder of flexgrid.cloud.
Abdullah Snobar is the executive director of DMZ and chief executive of DMZ Ventures.
Meta's recent \$13-billion data centre investment in Alberta is a genuine testament to Canada as a global player on the artificial-intelligence stage, with the country leading in research, education institutions and talent. The investments have also pushed AI infrastructure into public discourse, which is long overdue.
While large investments into data centres to create more AI capacity should be celebrated, Canada needs to look at how our entrepreneurs, researchers, businesses and institutions will actually be able to use said infrastructure to build the next generation of AI companies right here at home.
Canada had a fully funded national AI strategy in 2017, before any other country in the world did. These investments built Vector Institute, Amii and MILA into research institutions that are renowned globally. We're seeing payoffs in the numbers, such as Canada officially outpacing the United States when it comes to the rate of growth of AI talent.
With Prime Minister Mark Carney's pledge to create 250,000 AI jobs by 2031, it's clear our government is serious about having AI at the centre of Canada's economic
agenda.
Employment targets, strong talent pools and research isn't enough without access to compute – processing power – and the federal government's sovereign AI strategy recognized a massive problem back in 2024 that we can't keep ignoring. Without enough access to AI compute, Canadian innovation will be built here but scaled elsewhere because the infrastructure to do it at home doesn't exist.
Our default response to growing AI demand has been simply to build bigger data centres, and we all know the adage: Bigger doesn't necessarily mean better. Canada needs more capacity, but capacity is not the only factor that decides who leads the AI economy – access is.
Take Meta's investment in Alberta, it's a major vote of confidence in Canada, but there's an important distinction to appreciate. The data centre will serve Meta's AI work, but it won't expand the compute power for Canadian businesses, researchers and entrepreneurs to develop their own AI projects.
Anthropic is reportedly eyeing Alberta for a data centre too, based on a handful of recent roles they're hiring for in Canada. Whether it's Meta or Anthropic setting up shop in Alberta, it's not a given that any Calgary-based startup close by will get to access its capabilities.
That difference matters because the easier it is for Canadians to get their hands on compute, the more our research turns into companies, jobs (both direct and indirect) and economic growth. The federal government's new Responsible Data Centre Development Principles announced by AI Minister Evan Solomon recognizes this distinction by calling for data centre projects in the country to provide tangible benefits to Canadians, including access to compute and jobs, but we still have more to do.
Foreign investment undeniably has a place in Canada's AI strategy and encouraging these players to share more of the upside is undoubtedly progress, but it can't be our standalone solution.
Every economic era had a defining infrastructure from railroads, electricity and then the cloud. None of them were revolutionary until ordinary businesses and people could access them.
AI asks far more of our computers today than it did even a year ago. We're feeding it more complex tasks, expecting faster responses and more users are hitting the system at once.
Compute is the thing you need to compete, and access to it is the bottleneck. The countries that make that access easy are the ones that turn AI research into real outputs such as companies and jobs.
Distributed AI infrastructure, meaning a mesh of compute across multiple locations instead of packed into one mega facility, is how you can solve for access.
It brings compute closer to the people and businesses actually using it, which makes the system harder to knock over and allows businesses more visibility over their workloads.
The countries that will lead the AI economy will be the ones to make it easiest for their own entrepreneurs to build and access sovereign compute. Canada has spent well over the last decade building one of the strongest AI ecosystems and now we must give them the infrastructure to lead it.
斯特凡妮·马罗塔 (STEFANIE MAROTTA)
银行业记者
由于 AI 智能体(AI agents)带来的威胁以及 Anthropic 强大的 Claude Mythos 模型升级了该国贷款机构面临的风险,加拿大的银行监管机构计划实施更严格的人工智能指南。
随着 发展速度的激增,银行一直在加速使用该技术,旨在降低成本并产生财务回报。金融机构监管办公室 (OSFI) 监管负责人彼得·劳特利奇 (Peter Routledge) 在周三由全球风险研究所 (Global Risk Institute) 举办的一次会议上表示,他已要求其团队致力于制定一套“安全准则”,以提高网络安全并降低风险。
监管机构仍在研究细节,但劳特利奇先生表示,该安全准则可能由广泛的高层标准组成,旨在为金融体系提供基础水平的安全与保护,同时建立一个“宽广的创新周界”。
劳特利奇先生表示,OSFI 此前并未实施监管框架,而是引导银行“不造成损害”。2023 年,该监管机构与 GRI 发布了一份关于 对金融服务机构影响的报告。OSFI 此前也在其年度风险展望中将 列入其中。
Anthropic 限制了 Mythos 的使用,因为该模型能够发现并利用软件中的弱点,从而使公司面临网络攻击。Mythos 的推出成为了促使 OSFI 考虑为银行业使用该技术设立更严格护栏的催化剂。
“这一事件标志着前沿 模型能力的提升,这些能力可能被用于非法目的并攻击金融机构。这构成了网络风险的重大增加,”劳特利奇先生在周三的一次媒体采访中告诉记者。
“此外,我们最近读到关于智能体如何随意解读其任务授权,并可能给机构带来危险的报道——这令人恐惧,而且这也是我们关注的核心风险。”
加拿大银行一直在加速 的研究与实施。周二, 基准测试平台 Evident 在一份关于 50 家全球金融机构 采用情况的名单中,将加拿大五大银行全部列入前 30 名。
劳特利奇先生表示,他对加拿大银行的准备程度总体感到满意,但“整个体系中的所有机构在 方面并不平等”,因为有些机构比其他机构进展更快。
如果一家金融机构出现问题,可能会在加拿大的银行体系中蔓延。
“如果你的交易对手之一做错了什么会怎样?”劳特利奇先生说。“你与你的交易对手相连,如果交易对手那里有‘毒素’,它就会流向你这个机构。我们最大的效用就是尽量降低某些‘毒素’进入一家机构并散布到整个体系中的风险。”
联邦政府一直在争取投资以建设数据中心,以支撑 需求的激增。GRI 首席执行官索尼娅·巴克森代尔 (Sonia Baxendale) 表示,虽然渥太华方面称其正试图确保加拿大的数据主权,但该技术也带来了重大风险。“我们知道,加强我们韧性所必需的技术,同时也给我们的机构、国家安全以及民主本身带来了新威胁,”她说。
“在对传统机构的信任处于历史低点之际,少数几家全球科技公司现在控制着日益塑造我们沟通、消费信息和做出决策方式的平台。”
劳特利奇先生还提到私人信贷和私募股权是日益增长的风险,并表示 OSFI 将在定于周四发布的风险展望中强调这一问题。“在这个领域,我们还没有看到令我们心烦的规模巨大的风险集中,但总体集中度正在增长,”他说。
由于渥太华敦促各机构协助推动其国家建设工作,OSFI 已推出旨在增加银行贷款可用性的措施。今年 6 月,该监管机构降低了该国最大银行必须持有的资本缓冲规模,从而释放了数十亿美元。
劳特利奇先生表示,监管机构还在研究如何为小型银行创造公平的竞争环境,旨在帮助这些机构增加贷款。在接下来的六个月里,OSFI 将研究其资本框架是否会对中小型贷款机构造成不利影响。
他将此称为采用标准化方法的较小银行与使用内部评级管理资本的较大银行之间的“竞争失衡”。
当天早些时候,联邦自然资源部长蒂姆·霍奇森(Tim Hodgson)敦促在场的金融机构负责人协助为渥太华的国家建设项目提供资金——这些项目通常被银行认为风险过高而无法提供贷款。
“当有人带着一个 $10-billion 项目走进银行或资产管理公司时,你不会在不询问风险的情况下就把钱交给他们,”霍奇森先生说。“我们明白政府不能为对手消除风险,我们也明白这不应使投资者在糟糕的投资决策中免受损失。然而,在某些情况下,政府可以使用其一系列工具来改变具有战略重要性的投资在预期风险与回报之间的平衡。”
霍奇森先生表示,渥太华正在采取多种措施,包括贷款担保和潜在的共同投资,以帮助银行更容易地向风险较高的企业和项目提供贷款。
在美国与加拿大进行贸易战之际,唐纳德·特朗普总统再次将矛头指向加拿大银行业。9 月,他重复了其错误的说法,称美国银行无法在加拿大运营。
但劳特利奇先生表示,近年来当中型银行被摆上拍卖台时,并没有美国买家。
“所有的收购方都是加拿大人,这并不是因为我们在地理上有什么偏见,”他说。“他们是提出报价的人,任何外国银行都可以提出报价,而我们会像对待加拿大竞标者一样对待他们。我们在地理位置上是不设限的。”

蒸汽在阿尔伯塔省麦克默里堡附近的森科能源公司(Suncor)油砂设施上空升起。根据一份关于该国排放的新报告,石油和天然气——加拿大的最高排放源——保持持平。VICTOR R. CAIVANO / AP
DAVID MacNICOL
OPINION
President and portfolio manager at MacNicol & Associates Asset Management
The recent synchronized rise in global yields is not simply a U.S. fiscal or monetary story.
Investors are reassessing global debt levels, persistent inflation and a changing world order marked by geopolitical conflicts and trade disputes. These concerns have increased bond market volatility and have begun affecting many balanced-oriented portfolios.
As yields and bond prices move in inverse directions, sharp increases in yields have produced losses for many fixed-income investors, and that will likely continue.
Long-duration government yields have jumped to multidecade highs globally, especially across the developed world, with the U.S. 10-year treasury yield moving above 5.6 per cent, Japan's 10-year yield near 3 per cent, and the British 30-year yield above 6 per cent. Global longterm yields are signalling something beyond the typical response to central bank interest-rate increases: a lack of confidence from investors in the fiscal and monetary situation around the world.
Central banks now face a difficult task – balancing fragile economic growth with elevated inflation. They are expected to be overly hawkish during this cycle after getting it wrong during the last inflationary cycle, postpandemic.
These central banks do not want to be wrong twice and will be fighting more than inflation; they will be fighting the recent memory of having misread the situation and investor confidence. However, keeping rates high for too long could produce severe economic damage. If central banks maintain their hawkish stance, the bond sell-off could continue and expose deeper fiscal vulnerabilities across the developed world.
Governments are feeling the effect and consequences of higher yields. The U.S. Treasury recently tripled its bond buyback program from US\$2-billion to US\$6-billion. The Treasury claimed its decision was aimed at increasing liquidity in the Treasury market. However, many investors are questioning the timing of the decision and have concluded the program is intended to minimize the increase in interest rates.
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卡尼的气候与经济政策将影响碳排放。
FBOM B1
2025年温室气体增加的最大贡献者来自建筑部门(排放量增长6%)和发电部门(与2024年相比增长5%)。
“我们的建筑部门仍然非常依赖天然气,因此当气温下降时——而2025年比2024年更冷——我们的天然气使用量和排放量就会显著增加,”林登-弗雷泽先生表示。
相比之下,作为加拿大最高排放源的石油和天然气行业基本持平,而其他部门在减少二氧化碳方面进展甚微。
总理马克·卡尼与阿尔伯塔省省长丹妮尔·史密斯在2025, 11月宣布的一份谅解备忘录中设想,渥太华将支持阿尔伯塔省提出的向太平洋沿岸建设一条日运量100万桶的管道方案,以换取数十项旨在减轻该省能源部门环境影响的条款。
随后的执行协议包括对工业碳定价系统的修改,该系统旨在激励工业安装电气化技术。然而,林登-弗雷泽先生表示,这些修改并未解决现有问题,例如碳信用额度供应过剩且需求低迷。
“结果就是,那些(尤其是在阿尔伯塔省)作为主要排放源的工业,将没有足够的动力去减少其排放,”他说道。
卡尼先生最近通过 Bill C-39, (即《加强建设加拿大法案》)采取的政策举措,将在快轨推进重大项目时,将咨询和审批时间缩短至一年。然而,林登-弗雷泽先生表示,现在观察
卡尼先生最近通过 Bill C-39, (即《加强建设加拿大法案》)采取的政策举措,将在快轨推进重大项目时,将咨询和审批时间缩短至一年。
他补充说,该研究所已进行了预测,分析这些政策对加拿大排放目标的潜在影响,“而这远不足以让我们走上实现净零排放的正轨。”
报告指出,加拿大重回正轨的最佳机会是通过清洁电气化。
但林登-弗雷泽先生表示,这意味着要打破“过去20年几乎完全没有电气化的历史”。
自2005年以来,加拿大的发电量仅增长了3%。
在同一时期,非发电用途的天然气使用量增长了48%。
非排放可再生能源发电的增长受到了气候变化的负面影响,干旱导致水电产量下降。部分核电站的翻修也导致其停机。
结果,报告发现加拿大的电力生产“比五年前更不环保”,其在总电力中的占比从2024年的84%下降到80%。
加拿大已承诺到2050年将其发电量翻倍,并于近期宣布投资 $10-billion 升级位于拉布拉多省的丘吉尔瀑布水电站,以增加清洁电力生产。
“但当我们审视整体情况时,会发现进展不足,”林登-弗雷泽先生说。
早期的排放数据强化了 440 Mé-gatonnes 在9月份开展的前一项研究,该研究发现该国距离其2030年排放目标还落后20年,而该目标是加拿大根据《巴黎协定》承诺在2050年前实现净零排放的一部分。
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The Treasury has also received political backlash for intervening in bond markets just a few weeks before U.S. midterm elections, as higher borrowing costs and affordability remain key issues for voters. Higher yields don't only affect consumers, but they also affect governments that are servicing massive deficits.
As we have seen, this move by the Treasury has not decreased interest rates; it has increased long-term rates and led to many investors questioning the independence of the Treasury and its motives. Treasury Secretary Scott Bessent has faced criticism, including from his former mentor Stanley Druckenmiller, over his handling of this situation. Druckenmiller, who famously shorted the British pound and “broke the Bank of England” in the 1990s, warned in an opinion piece last month that governments who defend prices against fundamentals always lose, and the variable is how much they spend before conceding.
Meanwhile, the U.S. Federal Reserve's interest-rate policy has had rippling effects across global markets through currency movements, capital flows and imported inflation. Higher U.S. interest rates attract capital, support the U.S. dollar and place pressure on other currencies.
Central banks worldwide are feeling these pressures and are attempting to protect domestic currency purchasing power, while avoiding further economic pressure from higher interest rates. Japan's move away from ultralow interest rates and consistent inflation worries in Europe could intensify global volatility in bond markets and could lead to further weakness.
For investors and consumers, higher benchmark rates mean higher borrowing costs and lower bond prices. Many balanced portfolios that rely on fixed income to cushion equity drawdowns have instead seen both asset classes fall, a repeat of 2022. The recent rise of yields has pushed bond prices down, affected investor sentiment and triggered credit-fund outflows.
Higher yields are not fundamentally negative: they can improve income for investors and normalize bond market pricing after years of near-zero yields. The danger today is not simply the level of yields, but the volatility and speed of bond-price adjustments, which are being intensified by fiscal vulnerabilities that adversely affect consumers, investors and governments.
Ultimately, global bond-market performance may not be entirely determined by monetary policy, and will likely be ascertained by investor sentiment toward inflation cyclicality and their belief in policy makers' control over it. Fiscal policy is expected to be a driver of bond-market performance, as investors want governments to show their actions are sustainable and not volatile.
Global bond markets may remain unusually volatile as numerous parties navigate an uncertain economic environment.
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Canada's banking regulator is planning to implement tighter guidelines on artificial intelligence as threats from AI agents and Anthropic's powerful Claude Mythos model escalate risks among the country's lenders.
As the pace of AI development surges, banks have been accelerating their use of the technology aimed at cutting costs and generating financial returns. Office of the Superintendent of Financial Institutions superintendent Peter Routledge has tasked his team to work on creating a “safety code” to improve cybersecurity and mitigate risks, he said during a conference Wednesday held by the Global Risk Institute.
The regulator is still working on the details, but Mr. Routledge said the safety code could consist of broad, high-level standards that provide a basic level of safety and protection for the financial system, while also establishing a “wide perimeter for innovation.”
Rather than implement a regulatory framework prior to now, OSFI has guided banks to “do no harm,” Mr. Routledge said. In 2023, the regulator and the GRI published a report on the implications of AI on financial services institutions. OSFI has also previously listed AI in its annual risk outlook.
The introduction of Mythos, which Anthropic has restricted the use of because it is capable of finding and exploiting weak spots in software that could open companies to cyberattacks, was the catalyst that spurred OSFI to consider firmer guardrails on the banking industry's use of the technology.
“That was an event that signifies the advancing capabilities of frontier AI models, which could be turned for illicit purposes and attack the financial institutions. That constituted a major increase in cyber risk,” Mr. Routledge told reporters during a media scrum on Wednesday.
“And then the more recent stories we’re reading about how agents are interpreting their task authorizations liberally and potentially posing dangers to institutions – that’s frightening, and that is a risk that is front and centre for us.”
Canadian banks have been accelerating AI research and implementation. On Tuesday, AI benchmarking platform Evident ranked all of Canada's five biggest banks in the top 30 of a list of 50 global financial institutions on AI adoption.
Mr. Routledge said he is generally satisfied with the level of preparedness of Canada's banks, but “not all institutions across the system are equal on AI” as some are further ahead than others.
If an issue arose at one financial institution, it could spread through Canada's banking system.
“What if one of your counterparties does something wrong?” Mr. Routledge said. “You’re connected to your counterparties, and if there’s poison at the counterparties, it’s flowing through to you as an institution. Our highest utility is to try and lessen the risk that some poison gets into one institution and scatters throughout the system.”
The federal government has been courting investment to build data centres that power the boom in AI demand. While Ottawa says it is attempting to secure Canada's data sovereignty, the technology also poses significant risks, GRI chief executive officer Sonia Baxendale said. "We know the very technology required to strengthen our resilience also creates new threats to our institutions, to our national security, and to democracy itself," she said.
"With trust in traditional institutions at historic lows, a small number of global technology firms now control the platforms that increasingly shape how we communicate, consume information and make decisions."
Mr. Routledge also cited private credit and private equity as mounting risks, and said OSFI will highlight the issue in its risk outlook, set to be published Thursday. “We are not seeing sizable risk concentrations that give us heartburn in this sector, but the aggregate concentration is growing,” he said.
As Ottawa has urged institutions to help drive its nation-building efforts, OSFI has introduced measures aimed at making more bank lending available. In June, the regulator lowered the size of the capital cushion the country's biggest banks must hold, freeing up billions of dollars.
The regulator is also examining ways to even the playing field for smaller banks, Mr. Routledge said, with the intention of helping those institutions increase lending. Over the next six months, OSFI will be examining how its capital framework may disadvantage small- and medium-sized lenders.
He referred to this as a “competitive imbalance” between the smaller banks that follow a standardized approach and the larger banks that use internal ratings to manage capital.
Earlier in the day, federal Natural Resources Minister Tim Hodgson urged the room of financial institution leaders to help finance Ottawa's nation-building projects
– initiatives that banks have often been considered too risky for lending.
"When someone walks into a bank or an asset manager with a \$10-billion project, you don't hand them the money without asking about the risks," Mr. Hodgson said. "We understand the government cannot eliminate risk for opponents, and we understand these should not insulate investors with bad investment decisions. However, there are cases where governments can use its suite of tools to change the balance between expected risks and returns of strategically important investments."
Ottawa is using a variety of measures to help make it easier for banks to lend to riskier businesses and projects, including loan guarantees and potential co-investments, Mr. Hodgson said.
As the U.S. wages its trade war with Canada, President Donald Trump has taken fresh aim at the Canadian banking sector. In September, he repeated his incorrect claim the U.S. banks are unable to operate in Canada.
But when mid-sized banks have been put on the auction block in recent years, there were no U.S. buyers, Mr. Routledge said.
“All the acquirers were Canadian, and they weren’t Canadian because we had any bias geographically,” he said. “They were who stood up with a bid, and any foreign bank could have stood up with a bid, and we would have looked at it exactly the same way as a Canadian bidder. We are geographically agnostic.”

Steam rises at Suncor's oil sands facility near Fort McMurray, Alta. Oil and gas – Canada's highest emitters – remained flat according to a new report on the country's emissions. VICTOR R. CAIVANO/AP
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Carney's climate and economic policies will affect carbon emissions.
FBOM B1
The biggest contributors to the 2025 increase in greenhouse gases were from the building sector, where emissions jumped 6 per cent, and power generation, up 5 per cent compared with 2024.
"Our building sector is still really reliant on natural gas, so when the temperatures drop, and 2025 was a colder year than 2024, our gas use and our emissions go up significantly," Mr. Linden-Fraser said.
In comparison, oil and gas – Canada's high-
est emitters – remained essentially flat, while other sectors made scant progress at cutting carbon dioxide.
The November, 2025, memorandum of understanding announced by Prime Minister Mark Carney and Alberta Premier Danielle Smith envisions Ottawa backing Alberta's proposal for a one-million-barrel-a-day pipeline to the Pacific Coast in exchange for dozens of provisions to lessen the environmental impact of the province's energy sector.
The subsequent implementa-
The subsequent implementation agreement included changes to the industrial carbon pricing system, which is designed to incentivize industries to install electrified technologies. However, the changes did not fix existing issues, such as an oversupply of carbon credits and low demand, Mr. Linden-Fraser said.
"The result is that industries, which particularly in Alberta are the main source of emissions, will not have enough incentive to reduce their emissions," he said.
Mr. Carney's most recent policy moves with Bill C-39, the Building Canada Strong Act, would see a reduction in consultation and approval timeframes down to one year when fast-tracking major projects. However, Mr. Linden-Fraser said it is too soon to see how Mr.
Mr. Carney's most recent policy moves with Bill C-39, the Building Canada Strong Act, would see a reduction in consultation and approval timeframes down to one year when fast-tracking major projects.
He added the institute has done projections suggesting the potential impacts of those policies on Canada's emission goals “and it’s nowhere near enough to get us on track to net-zero emissions.”
Canada's best chance of getting back on track, is through clean electrification, the report stated.
But that involves breaking “20 years of history in which we’ve barely electrified at all,” Mr. Linden-Fraser said.
Canada's electricity generation has only risen 3 per cent since 2005.
In the same time period, natural gas use, not for power generation, has risen by 48 per cent.
Growth in non-emitting renewable energy generation has been negatively impacted by climate change with droughts reducing hydro production. Refurbishments to some nuclear power plants have also taken them offline.
As a result, the report found Canada's electrical production "is less green than it was just five
years ago," down to 80 per cent of the total from 84 per cent in 2024.
Canada has made commitments to double its electrical generation by 2050 and recently announced a \$10-billion investment in upgrading Churchill Falls hydroelectrical plant in Labrador to increase clean electrical generation.
“But it’s when we look at the overall picture that we’re not seeing enough progress,” Mr. Linden-Fraser said.
The early emissions data reinforces 440 Mé-gatonnes' previous study from September, which found the country is 20 years behind its 2030 emissions target goals, part of Canada's commitment to reach net-zero emissions by 2050 under the Paris Agreement.
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NOVA RIDGE (MANDERLEY) LIMITED PARTNERSHIP 及
NOVA RIDGE (MANDERLEY) GP CORP.
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Time to Invest in Canada
请注意,本通知是根据安大略省高等法院(商业名单)于 2026 年 10 月 1 日就 Nova Ridge (Manderley) Limited Partnership(“借款人”)和 Nova Ridge (Manderley) GP Corp.(“借款人普通合伙人”,与借款人合称为“债务人”)的接管程序所作出的命令(即“优先债权申报程序命令”)而发布的。此处使用但未定义的定义术语,其含义与优先程序命令中所赋予的含义相同。
AlixPartners Restructuring, Inc. 作为法院任命的债务人接管人(以该身份称为“接管人”),正在开展一项程序以征集优先债权,包括担保债权以及在高级担保贷款人债权之前享有优先权的债权。无担保债权以及没有证据和 / 或没有理由被认定为优先债权的债权,不在此次优先程序中征集。此类债权将不会在本次优先程序中被审查、考虑或处理。
提交申请后的债权将不会在本次优先程序中被考虑或处理。
债务人的所有优先债权人都应收到接管人发送的资料包。优先债权人也可以从接管人的网站 https: / cdncases.alixpartners.com / experience / case / manderley 获取优先程序命令和资料包,或通过联系接管人的 Nathalie El-Zakhem (nathalie.elzakhem@alixpartners.com) 获取。
完整的文档必须在 2026 年 11 月 5 日(“截止日期”)下午 5:00(多伦多时间)前送达接管人。填写适当文档并确保接管人在截止日期前收到完整文档是您的责任。
在截止日期前未提交的优先债权将被永久禁止且失效。
2026 年 10 月 8 日于多伦多签署
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ALIXPARTNERS RESTRUCTURING, INC.
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220 Bay Street, Suite 1300, Box 20
Toronto, Ontario M5J 2W4
NOTICE TO POTENTIAL PRIORITY CLAIMANTS
NOVA RIDGE (MANDERLEY) LIMITED PARTNERSHIP and
NOVA RIDGE (MANDERLEY) GP CORP.
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来自 B1 版

Boots 成立于 1849 年的英格兰中部诺丁汉,最初是一家销售传统药物替代品的草药店。与 Shoppers 一样,Boots 拥有一个规模巨大的客户忠诚度计划,成员达 1700 万。图片来源:IAN FORSYTH / GETTY IMAGES
“随着加拿大在全球范围内建立更紧密的联系,我们很高兴能将英国最具标志性的药房、健康和美容企业迎入我们的公司集团,”韦斯顿先生在给《环球邮报》的一封电子邮件中表示。
根据英国政府公司注册处(Companies House)最新的公开文件,在截至 2025 年 8 月 31 日的财政年度中,Boots 的营收增长了 3.2%,达到 75 亿英镑(141 亿加元)。该零售商当年的营业利润增长了近 30%,达到 3.55 亿英镑。
但尽管 Boots 在全英国拥有显著的影响力,其部分门店网络需要进行翻新。近年来,该零售商已关闭了 300 多家业绩不佳的门店,并一直在投资更新其他门店。仅在 2025 财年,该公司就翻新了 40 家门店以及 180 个被称为“美容大厅”的店内化妆品区域。
Wittington 预计将在 2027 年第一季度完成对 Boots 的收购。
“一旦完成,我们期待 Boots 既能从我们在零售、美容以及药剂师在提高社区医疗可及性方面日益增长的作用等集体专业知识中获益,也能为此做出贡献,”韦斯顿先生写道。
通过 Wittington,韦斯顿家族掌控着加拿大上市零售巨头 Loblaw Cos. Ltd.(Shoppers Drug Mart 的母公司),并私有持有奢侈品零售商 Holt Renfrew。
Fairfax 的瓦特萨先生在新闻稿中表示:“多年来,韦斯顿家族在加拿大培育和发展了一些最成功的零售品牌,包括药房和美容领域,我们相信 Wittington 将成为 Boots 业务的优秀管理人。”
在加拿大,Fairfax 拥有零售商 Sporting Life Group 和 Sleep Country,这些均属于其 1100 亿加元投资组合的一部分。
除了拥有加拿大最大的药房连锁店外,韦斯顿家族长期以来一直将战略重点放在医疗保健业务上。Wittington 的风险投资部门已投资该领域的多家初创公司。
Shoppers Drug Mart 还投资建设了更多现场诊所,提供诸如轻微病症治疗、旅行疫苗接种和胆固醇筛查等健康服务。
韦斯顿家族的经验可以使 Boots 受益的一个领域是其忠诚度战略,新业主计划在此进行投资。
Boots 与 Shoppers 一样,拥有一个成员达 1700 万人的庞大客户忠诚度计划。Loblaw 的 PC Optimum 拥有 1800 万成员,被认为是加拿大最强大的奖励计划。
Loblaw 在利用 PC Optimum 为门店引流方面已变得非常成熟,手段包括在特定日期购买可获得奖励积分的促销活动,或在兑换时增加积分价值。
前 Loblaw 高管 Uwe Stueckmann 解释说,由于许多高价的高端化妆品品牌受到价格保护(这意味着零售商在提供折扣方面没有太多灵活性),这些兑换活动可以作为这些商品促销的替代方案。
“这巩固了 Shoppers 的高端业务,”Stueckmann 先生在接受《环球邮报》采访时表示。“早年间,当百货公司还存在时,它们没有这类机制和策略来与 Shoppers 竞争。”
Shoppers Drug Mart 在扩展门店的“美容精品店”(Beauty Boutique)区域方面取得了相当大的成功。该产品类别的利润率高于门店的其他部分,且很可能成为 Boots 业务寻求增长的重点。
Loblaw 的忠诚度战略还包括一个强大的应用程序和数字化平台,以及与 Esso 和 Mobil 的合作伙伴关系,旨在鼓励客户更频繁地使用 PC Optimum 奖励计划,从而提升其价值。
“我认为其中许多原则可能与 Boots 及其 Advantage Card 非常相关,”另一位 Loblaw 和 Shoppers Drug Mart 的前高管吉姆·诺特布姆(Jim Noteboom)在给《环球邮报》的电子邮件中写道,他指的是这家英国连锁店的忠诚度计划。
Boots 首席执行官亚历克斯·鲍尔多克(Alex Baldock)在新闻稿中表示,公司计划在新所有者的领导下深化客户关系。
“尽管我们迄今为止在社会影响和商业方面取得了成功,但未来的机遇将更加巨大,”鲍尔多克先生表示。“我期待能充分利用这一机遇,将 NOVA 打造成为世界一流的企业。”
拥有英国领先的美容品牌之一 No7 Beauty Company,并将继续投资于构建其产品线。
2022 年,Wittington 在成功扭转业务局面后,以约 $6.9-billion 的价格出售了英国百货连锁店 Selfridges。
成立于 1849 年,位于英格兰中部的诺丁汉,最初是一家草药店,销售传统药物的替代品。
创始人约翰·布特(John Boot)将控制权移交给其儿子,后者建立起了一家主导英国各大商业街的零售企业。

9 月份拍摄的 Stelco 汉密尔顿工厂钢厂。CARLOS OSORIO / 路透社
PLEASE TAKE NOTICE that this notice is being published pursuant to an Order of the Ontario Superior Court of Justice (Commercial List) made October 1, 2026 (the "Priority Claims Procedure Order") in the receivership of Nova Ridge (Manderley) Limited Partnership (the "Borrower") and Nova Ridge (Manderley) GP Corp. (the "Borrower GP" and collectively with the Borrower, the "Debtors"). Defined terms used here and not defined have the meanings given in the Priority Claims Procedure Order.
AlixPartners Restructuring, Inc., Court-appointed receiver (in such capacity, the “Receiver”) of the Debtors, is conducting a claims process to call for Priority Claims, including secured claims and claims ranking in priority to the Senior Secured Lenders’ Claim. Unsecured Claims and Claims that do not have evidence and/or a basis to be a Priority Claim are not being called for in this Priority Claims Procedure. Such Claims will not be reviewed, considered or addressed in this Priority Claims Procedure.
Post-Filing Claims will not be considered or addressed in this Priority Claims Procedure.
All Priority Claimants of the Debtors should receive a Claims Package from the Receiver. Priority Claimants may also obtain the Priority Claims Procedure Order and a Claims Package from the Receiver's website at https://cdncases.alixpartners.com/experience/case/manderley or by contacting Nathalie El-Zakhem of the Receiver at nathalie.elzakhem@alixpartners.com.
Completed documents must be received by the Receiver by 5:00 p.m. (Toronto time) on November 5, 2026 (the "Claims Bar Date"). It is your responsibility to complete the appropriate documents and ensure that the Receiver receives your completed documents by the Claims Bar Date.
PRIORITY CLAIMS NOT RECEIVED BY THE CLAIMS BAR DATE WILL BE BARRED AND EXTINGUISHED FOREVER.
DATED at Toronto this 8th day of October, 2026
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FBOM B1
当被问及是否会考虑渥太华提出的收购Stelco的提议时,他回答说,“对我们作为一家企业而言,唯一有意义的事情”是加拿大政府与美国签署一项“北美堡垒”贸易协定。
加拿大创新、科学和经济发展部的发言人艾莉森·赖兰德(Alison Reilander)在电子邮件中表示,政府目前正专注于与工会及安大略省政府合作,以让工人重返岗位。
周三,Cliffs的负责人还反击了一位质疑其退出加拿大镀锌钢市场的理由的Stelco客户。
冈萨尔维斯(Goncalves)先生坚持认为,美国总统唐纳德·特朗普去年对加拿大征收的50-per-cent关税已经关闭了该公司在该关键市场的机会,且加拿大政府在阻止廉价进口产品进入该国方面做得不够。
里奇(Ritchie)先生表示,他是Stelco镀锌钢的大买家,随着该公司不再生产该产品,这让Cascadia陷入了困境,被迫从海外市场进口以填补空白。
markets to fill the void.
作为回应,冈萨尔维斯先生称里奇先生为一只“行走之鹰”(walking eagle),意指一只因为满身粪便而无法飞行的鸟。
他质疑Cascadia是Stelco主要客户的说法,称该公司甚至不在前20名之列,且按营收计算仅占其业务的不到1 per cent。
冈萨尔维斯先生还表示,里奇先生也是“问题的一部分”,因为Cascadia从海外进口了大量钢铁,这拉低了该产品在加拿大的价格。
“像Cascadia这样的客户就是我决定关闭的原因,”他说。
里奇先生表示,虽然他觉得“行走之鹰”的评论“挺好笑的”,但他并不准备与冈萨尔维斯先生进行“口舌之争”。
钢铁分销公司Cascadia Metals Ltd.的所有者吉姆·里奇(Jim Ritchie)称上述解释为“一个笑话”。
他表示,今年加拿大涂层钢的价格飞涨,“现在是加拿大生产镀锌钢的最佳时机。”
里奇先生表示,他是Stelco镀锌钢的大买家,随着该公司不再生产该产品,这让Cascadia陷入了困境,被迫从海外
他承认自己从海外进口钢铁,但表示他一直在尽力转向加拿大供应商。
“我们一直试图从离岸转向国内,并试图给他们提供越来越多的业务。就在他们停止向我们销售时,我们正切实增加给他的业务量,”里奇先生说。
“如果我们不进口,我们就没有生意可做。这是因为加拿大的钢铁生产商无法供应整个西加拿大市场。加拿大的钢铁量不足。”
Emera
FROM B1
对于这两家公司来说,时机至关重要。政府和智库广泛讨论了建设新发电厂以满足日益增长的需求(尤其是来自数据中心的需求)的必要性,并敦促建设广泛的新输电和配电基础设施,以便将电力输送到终端用户。
现有电网也需要现代化,以增强远程监控并允许电力双向流动。而且,仅为了维护陈旧的现有基础设施并针对更极端的天气事件进行加固,就需要数十亿加元的升级资金。巴尔福(Balfour)先生在证明该交易合理性时提及了这一点。他说:“这次交易创建了一家更强大的公司,使其能够投资于支持电气化、工业发展、能源安全、数据中心以及整个北美客户日益增长的需求所需的基础设施。”
问题在于,这类措辞被反复使用,但很少有具体的实例能说明合并后的规模究竟将如何帮助这两家公司。而当提供实例时,情况也并非那么清晰。
例如,Emera 表示此次交易将“改善信用评级门槛,提供更大的财务灵活性”,但在电话会议之后,前景显得更为复杂。评级机构穆迪投资者服务公司(Moody’s Investors Service)表示,该交易对 Emera 的信用评级至少是中性的,但惠誉评级(Fitch Ratings)则表示,这实际上可能对 CU 产生轻微负面影响,而 CU 在两家公司中拥有更优的评级。
而在规模竞争方面,由于 NextEra Energy, Inc. 和 Dominion Energy, Inc. 正在寻求一项价值 US$67-billion 的合并,Emera 曾担心会输给这些通过合并而壮大的美国竞争对手,但这种威胁可能并不成立。据《金融时报》本周报道,美国的合并交易正开始面临政治抵制,弗吉尼亚州州长可能会寻求一些让步,例如采取降低账单的措施以及承诺推进清洁能源发展。
然而,核心问题似乎在于地理距离。Emera 在 2016 年通过收购总部位于坦帕的 TECO Energy Inc. 扩展至佛罗里达州,目前其调整后净收入的 72 per cent 来自这个“阳光之州”。投资者一直对那里数据中心增长的潜力充满热情。
与此同时,CU 在阿尔伯塔省的风险敞口很大。正如道明证券(TD Securities)分析师约翰·莫尔德(John Mould)在给客户的报告中所写,该省批准的公用事业回报率低于佛罗里达州,这可能会阻碍利润。(公用事业受到高度监管,通常仅被允许获得一定水平的回报,以防止其哄抬价格。)
他写道:“我们认为,对佛罗里达州(一个高质量的公用事业管辖区)相对敞口的减少,会让部分投资者感到失望。”
再加上 Emera 和 CU 承认成本协同效应不太可能实现,这感觉就像是强行让两个远房表亲看起来像亲兄弟。
现实情况是:这次交易可能确实存在一些好处,只是在重大交易公告中被轻描淡写地带过了。佛罗里达州和阿尔伯塔州拥有两个不相关的经济体,这可能会让评级机构在面对合并后公司的债务时感到更放心。这可能会降低合并后公司的资本成本,并帮助其在与伯克希尔·哈撒韦(Berkshire Hathaway)等巨头的政府合同竞争中占据优势。
对于 Emera 的投资者来说,阿尔伯塔省并非什么偏远落后之地。在过去五年中,该省的人口增长率高于佛罗里达州,且阿尔伯塔省希望鼓励数据中心的建设,并扩大其天然气配送网络。此外,如果能与客户共享,该省还允许在批准的回报率之上获得更高的回报。
问题可能在于,所有这些都没有事先向投资者透露。公司通常会就其计划扩张的方向给股东一些指导,但 Emera 和 CU 都没有透露过这种可能性。就 Emera 而言,在花费数年出售资产以偿还债务后,投资者才刚刚重新开始认可该公司,并且终于对佛罗里达州的潜力感到兴奋。
如果某些益处确实被忽视了,那么公司应当对此进行解释,因为它们本周的第一次尝试并不太令人鼓舞。
AllxPartners
ALIXPARTNERS RESTRUCTURING, INC.
LICENSED INSOLVENCY TRUSTEE
220 Bay Street, Suite 1300, Box 20
Toronto, Ontario M5J 2W4
Thursday, October 8, 2026
由 Randall Anthony Communications 制作。《环球邮报》编辑部未参与其中。
FROM B1

Boots was founded in 1849 in Nottingham, in central England, as an herbalist store, selling alternatives to traditional medicines. Boots, like Shoppers, has a massive customer loyalty program with 17 million members. IAN FORSYTH/GETTY IMAGES
"As Canada builds stronger ties around the globe, we are delighted to welcome the UK's most iconic pharmacy, health, and beauty business into our group of companies," Mr. Weston said in an e-mail to The Globe and Mail.
In the fiscal year ended Aug. 31, 2025, Boots' revenue grew by 3.2 per cent to £7.5-billion (\$14.1-billion), according to the most recent filing available from the British government's Companies House. The retailer's operating profit rose by nearly 30 per cent that year, to £355-million.
But while Boots has a significant presence across Britain, some of its store network has been in need of a refresh. The retailer has closed more than 300 underperforming locations in recent years, and has been investing in updating others. In fiscal year 2025 alone, the company renovated 40 stores and 180 of its in-store cosmetics sections known as “beauty halls.”
Wittington expects to close the Boots acquisition in the first quarter of 2027.
“Once complete, we look forward to Boots both benefiting from, and contributing to our collective expertise in retail, beauty, and the growing role of pharmacists who are making care more accessible in our communities,” Mr. Weston wrote.
Through Wittington, the West-on family controls publicly listed Canadian grocery giant Loblaw Cos. Ltd., parent to Shoppers Drug Mart, and privately holds luxury retailer Holt Renfrew.
Fairfax's Mr. Watsa said in a news release: “For many years, the Westons have grown and developed some of the most successful retail brands in Canada, including pharmacy and beauty, and we are confident Wittington will be an excellent steward of the Boots business.”
In Canada, Fairfax owns retailers Sporting Life Group and Sleep Country as part of a \$110-billion investment portfolio.
In addition to owning Canada's largest pharmacy chain, the Weston family has long had a strategic focus on health care businesses. Wittington's venture capital unit has invested in a number of startups in the space.
Shoppers Drug Mart has also invested in building more on-site clinics offering health services such as treatments for minor conditions, travel vaccinations and cholesterol screening.
One area where the Westons' experience could benefit Boots is around its loyalty strategy, where the new owners are planning to invest.
Boots, like Shoppers, has a massive customer loyalty program with 17 million members. Loblaw's PC Optimum has 18 million members and is considered Canada's strongest rewards program.
Loblaw has become very sophisticated in using PC Optimum to drive traffic to its stores, both through promotions that offer bonus points for purchasing on certain days, or that multiply the value of points on redemption.
Because many high-priced prestige cosmetics brands are price-protected, meaning retailers do not have as much flexibility to offer discounts, those redemption events can be a proxy for putting those items on promotion, explained Uwe Stueckmann, a former long-time Loblaw executive.
“That has cemented the prestige business for Shoppers,” Mr. Stueckmann said in an interview with The Globe. “Back in the day, when the department stores were still around, they just didn’t have those kinds of mechanisms and tactics to compete with Shoppers.”
Shoppers Drug Mart has had considerable success expanding the “Beauty Boutique” sections of its stores. That product category brings in higher profit margins than other parts of the stores, and will likely be a priority for the Boots business to find growth.
Loblaw's loyalty strategy also includes a strong app and digital platform, as well as a partnership with Esso and Mobil that encourages customers to utilize the PC Optimum rewards program more frequently, increasing its value.
“I think many of those principles could be highly relevant to Boots and Advantage Card,” Jim Noteboom, another former executive with Loblaw and Shoppers Drug Mart, wrote in an e-mail to The Globe, referring to the British chain’s loyalty program.
Boots chief executive officer Alex Baldock said in a news release the company plans to deepen its customer relationships under its new owners.
“For all of our social impact and commercial success to-date, the opportunity ahead is even greater,” Mr. Baldock said. “I look forward to making the most of that opportunity and building a world-class Boots.”
Boots owns one of Britain's leading beauty brands, the No7 Beauty Company, and will continue to invest in building its stable of products.
In 2022, Wittington sold British department store chain Self-ridges for approximately \$6.9-billion after successfully turning around the business.
Boots was founded in 1849 in Nottingham, in central England, as an herbalist store, selling alternatives to traditional medicines.
The founder, John Boot, turned over control to his son, who built a retailer that dominates high streets across Britain.

The Stelco Hamilton Works steel mill is seen in September. CARLOS OSORIO/REUTERS
为什么需要一个具有竞争力的融资体系,以将更多投资资本引导至中小企业

租赁行业专家呼吁进行系统性改革,以解决融资障碍,这些障碍往往使加拿大小型企业难以满足其资本投资需求。GRAEMENICHOLSON VIA GETTY IMAGES

C. 与其他国家相比,加拿大的中小企业(SME)在获取用于竞争和增长所需的工具及设备融资方面面临重大障碍。
C.D. Howe 研究所最近的一篇论文(《加拿大的投资危机:资本萎缩削弱竞争力与工资》,December 2025)强调了这种投资资本匮乏的影响。报告称:“加拿大的商业投资如此疲软,以至于人均资本正在下降,从而侵蚀了生产力、竞争力和生活水平。”报告指出,预计加拿大工人每获得 1 美元新资本,仅相当于经合组织(OECD)整体对应人员获得 70 美分,而美国工人每获得 1 美元,加拿大工人仅获得 55 美分。
代表加拿大资产抵押融资、车辆及设备租赁行业的加拿大金融与租赁协会(CFLA)提出了一项蓝图,旨在为金融部门注入活力并增加竞争,从而更好地服务于中小企业的需求。
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FBOM B1
When asked if he would entertain an offer from Ottawa to buy Stelco, he replied that “the only thing that makes sense for us as a business” is the Canadian government signing a “Fortress North America” trade deal with the U.S.
Alison Reilander, a spokesperson with Inno-
Valuation, Science and Economic Development Canada, said in an e-mail that the government is focusing on working with the union and the Ontario government to get workers back on the job.
The Cliffs boss on Wednesday also fired back at a Stelco customer who has doubted his rationale for pulling out of the galvanized steel market in Canada.
Mr. Goncalves maintains that the 50-per-cent tariff U.S. President Donald Trump imposed on Canada last year has closed off that key market for the company and the Canadian government isn't doing enough to keep cheap imports out of the country.
Mr. Ritchie said he is a big buyer of galvanized steel from Stelco and with the company no longer producing the product, it has left Cascadia in a jam, forced to import from overseas markets to fill the void.
markets to fill the void.
In response, Mr. Goncalves called Mr. Ritchie a “walking eagle,” meaning a bird that can’t fly because it is full of excrement.
He challenged the notion that Cascadia is a major customer of Stelco, saying it isn't even among the top 20 and represents less than 1 per cent of its business by revenue.
Mr. Goncalves also said Mr. Ritchie is “part of the problem” because Cascadia imports a considerable amount of steel from overseas, which drives down the price of the product in Canada.
“Clients like Cascadia are the reason I am shutting down,” he said.
Mr. Ritchie said that while he finds the “walking eagle” comment “pretty funny,” he said he wasn’t prepared to engage in “a war of words” with Mr. Goncalves.
Jim Ritchie, the owner of steel distribution company Cascadia Metals Ltd., called that explanation “a joke.”
He said the price of coated steel has rocketed higher this year in Canada and “it’s never been a better time to make galvanized steel in Canada.”
Mr. Ritchie said he is a big buyer of galvanized steel from Stelco and with the company no longer producing the product, it has left Cascadia in a jam, forced to import from overseas
He admits that he imports steel from overseas but says he has been doing his best to pivot to Canadian suppliers.
“We were trying to switch from offshore to domestic and we were trying to give them more and more business. We were really ramping up the business we were giving him when they stopped selling to us,” Mr. Ritchie said.
"If we didn't import, we wouldn't have a business. That's because Canadian steel producers can't supply the entire Western Canadian market. There isn't enough steel in Canada."
Emera
FROM B1
For both companies, the timing matters. Governments and think tanks talk extensively about the need for new power generation plants to meet growing demand, particularly from data centres, and they urge extensive new transmission and distribution infrastructure to get that power to end users.
The existing grid also needs to be modernized to enhance remote monitoring and allow bidirectional electricity flows. And billions of dollars of upgrades will be needed just to maintain aging existing infrastructure and harden it in anticipation of more extreme weather events. Mr. Balfour addressed this when justifying the deal. "This transaction creates a stronger company positioned to invest in the infrastructure needed to support electrification, industrial development, energy security, data centres, and the growing demand of customers across North America," he said.
The problem is that language like this was used repeatedly, with few tangible examples of how exactly the combined size will help the two companies. When they were provided, they weren't so clear cut.
Emera, for instance, said the transaction will “improve credit rating thresholds, providing greater financial flexibility,” but after the conference call the outlook was a bit more mixed. Rating agency Moody’s Investors Service said the deal was at least neutral for Emera’s credit rating, but Fitch Ratings said it might actually be a slight negative for CU, which has the more favourable rating of the two companies.
And on the same scale front, the threat of losing out to U.S. rivals that are getting bigger by merging, including NextEra Energy, Inc. and Dominion Energy, Inc., who are pursuing a US\$67-billion combination, may not hold up. U.S. mergers are starting to face political backlash, and Virginia's governor make seek concessions, such as measures to keep bills down and promises to pursue clean energy development, the Financial Times reported this week.
The core issue, though, seems to be the geographic distance. Emera expanded into Florida in 2016 by acquiring Tampa-based TECO Energy Inc., and 72 per cent of its adjusted net income now comes from the Sunshine State. Investors have been enthused by the potential for data-centre growth there.
CU, meanwhile, is heavily exposed to Alberta, and as TD Securities analyst John Mould wrote in a note to clients, the province authorizes lower utility returns than Florida, which can hinder profits. (Utilities are highly regulated and are often only allowed to make a certain level of return, which prevents them from price gouging.)
“We believe that reduced relative exposure to Florida (a high quality jurisdiction for utilities) will be a disappointment for some investors,” he wrote.
Couple that with Emera and CU's acknowledgment that cost synergies are unlikely, and it can feel like two second-cousins are being made to look like siblings.
The reality: There likely are some benefits, they were simply glossed over in the big deal announcement. Florida and Alberta have two uncorrelated economies, which might give rating agencies more comfort when it comes to the combined company's debt. That could lower the combined company's cost of capital, and help it compete on government contracts against giants like Berkshire Hathaway.
And for Emera investors, Alberta isn't some backwater. The province's population growth rate was higher than Florida's over the last five years, and Alberta wants to encourage data centre construction, as well as expand its natural gas distribution network. The province also permits elevated returns over and above the approved returns if they are shared with customers.
The issue may be that none of this was telegraphed to investors beforehand. Companies tend to give their shareholders some guidance on where they're looking to expand, but neither Emera nor CU had floated the potential. In Emera's case, investors were just getting comfortable with the company again after it spent years selling assets to pay down debt, and they were finally getting excited about the potential in Florida.
If it is true that some benefits have been overlooked, it's on the companies to simply explain themselves, because their first stab at it this week wasn't all that encouraging.
在名为《加拿大的经济火箭燃料:融资范式的转变如何帮助解决生产力问题》的报告中,CFLA 呼吁进行一系列改革,以扩大该国金融部门贷款机构的构成,从而为那些因风险较高而不适合从大型金融机构获得贷款的小型公司提供更多选择。
“我们的金融生态系统需要支持更多独立金融和租赁公司的成功,”CFLA 总裁兼首席执行官迈克尔·罗特(Michael Rothe)表示。
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Thursday, October 8, 2026
Produced by Randall Anthony Communications. The Globe's Editorial Department was not involved.
当我们的部分成员需要由美国投资者提供资金时,这令人沮丧。当他们获利时,这些资金流向何处?资金流向了边境以南,而不是留在本地来帮助经济增长。
迈克尔·罗特(Michael Rothe)
加拿大金融与租赁协会总裁兼首席执行官

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Why a competitive financing system is needed to direct more investment capital to
small and medium-sized enterprises

Leasing industry experts are calling for system reforms to address financing barriers that often make it challenging for smaller Canadian businesses to meet their capital investment needs. GRAEMENICHOLSON VIA GETTY IMAGES

C. Compared to other countries, Canada's small and medium-sized enterprises (SMEs) face significant barriers in accessing financing for the tools and equipment they need to compete and grow.
A recent paper from the C.D. Howe Institute (Canada's Investment Crisis: Shrinking Capital Undermines Competitiveness and Wages, December 2025) highlighted the impacts of this lack of investment capital. "Business investment in Canada is so weak that capital per worker is declining, eroding productivity, competitiveness and living standards," the report said. It noted that Canadian workers were projected to receive only 70 cents of new capital for every dollar received by their counterparts in the OECD as a whole and 55 cents for every dollar received by U.S. workers.
The Canadian Finance & Leasing Association (CFLA), which represents Canada's asset-backed financing, vehicle and equipment leasing industry, has put forward a blueprint for injecting energy and more competition into the financial sector so that it can better serve the needs of SMEs.
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我们有些客户已经在与一家联邦监管银行打交道,并且已经满足了所有反洗钱要求,但当他们试图为一台拖拉机或一台
休·斯万德尔 (Hugh Swandel)
Meridian OneCap Credit Corp. 总裁

“凭借其专业知识以及与小型企业的现有关系,这些贷款机构补充了大银行的不足,填补了加拿大中小企业在资本获取方面的市场空白。”
2008年金融危机推动了加拿大金融部门的整合,这挤压了一批传统上为新兴企业提供资本的中型金融公司。CFLA 呼吁采取新方法,允许独立金融和租赁公司繁荣发展,并将其独特能力贡献给整个体系。
“租赁行业与中小企业有着更紧密的关系,”Meridian OneCap Credit Corp. 总裁兼 CFLA 主席休·斯万德尔表示。
“我们了解他们的还款能力以及他们抵押借款设备的未来价值。这些关系使我们能够快速评估出对双方都有利的贷款条款。我们行业的市场响应速度以及将资金注入经济的能力是独一无二的。”
此外,独立金融和租赁公司经常面临复杂的监管、行政负担以及获取资本的挑战。这意味着他们最终可能会转向美国投资者寻求资金。
“随着来自美国的关税压力增加,我们比以往任何时候都更需要‘加拿大制造’的解决方案,”罗特先生说。“当我们的部分成员需要由美国投资者提供资金时,这令人沮丧。当他们获利时,这些钱流向哪里?它们流向了边境以南,而不是留在国内帮助经济增长。”
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In its report, Canada's Economic Rocket Fuel: How a Switch in Canada's Financing Paradigm Could Help Solve its Productivity Problem, the CFLA calls for a number of reforms to broaden the mix of lenders in the country's financial sector to provide more options to smaller firms whose higher risk profile isn't suitable for a loan from a larger financial institution.
"Our financial ecosystem needs to support the success of more independent finance and leasing companies," says Michael Rothe, president and CEO of the CFLA.
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小型企业获取资本的障碍之一是较高的借贷成本。在经合组织(OECD)中,加拿大大型借款人与小型借款人之间的利率利差最高,小型企业的利率高出 2.28%,而美国的利差仅为 0.28%。
“结果就是,美国在支持创业者方面正飞速超越我们,而我们的水平则处于停滞状态,”罗特先生说。
CFLA 还呼吁在某些监管要求方面提供更大的灵活性。其中一个例子就是新的反洗钱法规。CFLA 理解这些法规的重要性;然而,其应用方式往往适得其反。“我们有些客户已经在与一家联邦监管银行打交道,并且已经满足了所有反洗钱要求,但当他们试图为一台拖拉机或一台复印机融资时,却被要求重复所有这些工作,”斯万德尔先生说。
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It's frustrating when some of our members need to be funded by U.S. investors. Where does that money go when they make a profit? It goes south of the border rather than staying here to help grow the economy.
Michael Rothe
President and CEO, Canadian Finance & Leasing Association

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加拿大融资租赁协会(CFLA)敦促加拿大借鉴国际最佳实践,特别是英国商业银行(British Business Bank)的 ENABLE 计划,该计划扩大了英国经济向中小企业(SMEs)提供贷款的能力。英国商业银行与独立融资和租赁公司合作,将其作为中介机构为小型公司提供资金,这是一种间接贷款方式。
ENABLE 计划利用证券化将较小的微型金融贷款打包成一个投资组合。这使得私营金融公司能够盈利地投资于那些在个体看来规模太小或风险太高的小企业贷款。
“我们建议加拿大商业发展银行(Business Development Bank of Canada)效仿英国模式的成功元素,”斯万德尔先生表示。“通过与我们行业合作并与我们的分销系统保持一致,我们可以分担风险与收益,并将更多资金引导至小型企业。”
他补充道:“在加拿大金融市场采用间接贷款,可以让中小企业获得强大且可靠的资本渠道,从而扩大其产能并提高生产力。”
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We have customers who already are dealing with a federally regulated bank and have met all their anti-money laundering requirements and are required to repeat all that work when they're trying to finance a tractor or a
Hugh Swandel
President, Meridian OneCap Credit Corp.

"With their specialized expertise and existing relationships with smaller businesses, these lenders complement the large banks and fill the market gap in capital access for Canadian SMEs."
The 2008 financial crisis drove consolidation in Canada's financial sector, which squeezed out a number of mid-sized financial firms that traditionally provided capital to emerging firms. The CFLA calls for a new approach to allow independent finance and leasing firms to thrive and contribute their unique capacity to the system.
"The leasing industry has closer relationships with small and medium-sized enterprises," says Hugh Swandel, president of Meridian OneCap Credit Corp. and chair of the CFLA.
"We understand their capacity for repayment and the future value of the equipment they are borrowing against. These relationships allow us to quickly assess the right terms for a loan that are good for both parties. Our industry's speed to market and our ability to push money into the economy is unique."
In addition, independent finance and leasing companies often face complex regulations, administrative burdens and challenges in securing capital. This means they can end up turning to U.S. investors for funding.
"With new tariff pressures from the U.S., we are looking for made-in-Canada solutions more than ever," Mr. Rothe says. "It's frustrating when some of our members need to be funded by U.S. investors. Where does that money go when they make a profit? It goes south of the border rather than staying here to help grow the economy."
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倡导建立一个更强大、更具竞争力的融资生态系统,帮助企业获得所需的资本以进行投资、竞争和增长。
One of the obstacles to capital access for smaller firms is the higher cost of borrowing. Canada has one of the highest interest rate spreads in the OECD between large and small borrowers, with rates for smaller firms 2.28 per cent higher, compared to a differential of 0.28 per cent in the U.S.
"As a result, the U.S. are leapfrogging ahead of us in supporting entrepreneurs while our levels are flatlining," says Mr. Rothe.
The CFLA is also calling for greater flexibility in certain regulatory
requirements. One example is new anti-money laundering regulations. The CFLA understands their importance; however, the way they're applied is often counterproductive. "We have customers who already are dealing with a federally regulated bank and have met all their anti-money laundering requirements and are required to repeat all that work when they're trying to finance a tractor or a photocopier," Mr. Swandel says.
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股息ETF与指数基金ETF在所有股息均重新投资情况下的表现
增长百分比,基准设定为 0 = Sept. 27, 2021

THE GLOBE AND MAIL, SOURCE: YAHOO FINANCE; AUTHOR'S CALCULATIONS
依靠股息生活听起来很美好,但每一项投资决策都伴随着权衡
BRYCE LEUNG
观点
Kristy Shen 和 Bryce Leung 在 30 多岁时退休,两人合著有《Parent Like a Millionaire (Without Being One)》一书。
Z世代出现了一种热门的新投资趋势,其核心就是股息。该趋势拥有自己的金融影响者(finfluencers)生态系统,例如 YouTube 上的 Dividendology 频道,以及一个拥有 911,000 名追随者的股息投资 Reddit 分版。这种趋势有时被称为“股息最大化”(dividend maxxing)、“收益率最大化”(yield maxxing),或者我个人最喜欢的称呼——“股息与惬意”(dividends and chill)。
其运作方式如下:你购买支付股息的股票或交易所交易基金(ETF),将这些股息作为被动收入收取,并将其重新投资,使你的持仓随时间增长。一旦你的被动收入能够覆盖你的支出,你就可以退休。
那么,问题出在哪里?这不正是“财务独立,提前退休”(FIRE)运动所遵循的模型吗?
在很多方面,是的。将资金投入产生被动收入的投资并以此退休,是 FIRE 运动的核心原则。巨大的区别在于,这种趋势极度偏好股息,而 FIRE 则更加中立:利息、股息和资本利得全部计算在内。
这体现在我们使用的不同 ETF 上。FIRE 运动使用低成本的指数基金,如先锋领航的美国全股市 (VTI) 或 iShares 核心 S&P / TSX 综合指数 (XIC) 来构建投资组合;而股息投资者则经常使用嘉信理财美国股息权益 (SCHD)。
因为这些投资者追求稳定的股息,该策略倾向于集中在银行、医疗保健和消费必需品等大型稳定公司。这导致增长型行业(如科技行业)的权重不足,虽然降低了波动性,但意味着他们错过了这些行业的长期资本利得。
股息投资是一种完全合理的策略,早在 Z 世代发现它之前就已存在。然而,令人担忧的地方在于投资者变得缺乏耐心。
SCHD 基金目前的股息收益率为 3%,远高于 VTI 仅 1% 的收益率。但这同时也意味着,如果你需要 $60,000 才能退休,你将需要大约 $2,000,000 的 SCHD 持仓才能实现退休。
如果你想依靠规模较小的投资组合退休怎么办?FIRE 的方法是降低你的生活开支。如果你想用一半的资金退休,你就需要每年花一半的钱。换句话说,FIRE 主张改变你的生活方式,而不是改变你的投资。
“股息最大化者”则恰恰相反。他们不削减成本,而是寻找支付更高收益率的基金。毕竟,如果你的投资收益率是 6% 而不是 3%,你只需要 $1-million。如果你的投资收益率是 12%,你只需要 $500,000。
这种数学计算极具诱惑力,而这正是该策略变得危险的时候。
股息投资被认为具有安全性,是因为你不需要出售任何股票来支付生活费用。你只需买入、持有并依靠股息生活。但“收益率”(yield)并不等同于“股息”(dividends)。仅仅因为一个基金每月宣传某个收益率,并不意味着它是可持续的。
备兑看涨期权 (Covered-call ETFs)就是一个例子。
它们在股息投资者中很受欢迎,因为它们宣传的收益率要高得多,但这些收益率的大部分并非由股息提供。相反,这些基金采用一种涉及看涨期权的策略,通过收取期权费并将其重新分配给投资者,从而从一篮子股票中创造收入。但这种策略在股市相对平稳或小幅上涨时效果最好。当市场大幅飙升时,这些看涨期权可能会对你不利,因为如果这些期权被行权,基金可能会被迫抛售股票,或者期权本身会贬值。
这并不是一种被动的买入并持有策略,尽管它感觉像这样,因为基金持有者只需坐在那里领取每月款项。但在底层运作中,有人在代表你进行积极交易。
让我们看看三种基金的长期表现。像 VTI 这样的指数基金收益率约为 1%,像 SCHD 这样的股息指数基金收益率约为 3%,而覆盖 S&P 500 的备兑看涨期权 ETF(如 JEPI)的收益率则接近 8 。
追求股息的人会非常有诱惑力地选择 JEPI,因为接近 8-- 的收益率比 3 或 1 要好。但让我们看看,如果投资者将产生的所有股息重新投资,这些基金在过去五年中的表现如何。
如你所见,这种收益率并非免费。你想要的当前收入越高,该基金的长期表现往往就越低。
股息投资有很多吸引之处,而且在从不动用本金的情况下依靠股息生活这个想法听起来很棒。但每一项投资决策都伴随着权衡,理解这些权衡至关重要。
The CFLA urges Canada to draw from international best practices, particularly the British Business Bank's ENABLE program, which has expanded the British economy's ability to lend to SMEs. The British Business Bank partners with independent financing and leasing companies, working with them as intermediaries to finance smaller companies, an indirect lending approach.
The ENABLE program uses securitization to package smaller microfinance loans into one portfolio. This has allowed private finance companies to profitably invest in small business loans they would deem too small or too risky individually.
"We are proposing that the Business Development Bank of Canada emulate the successful elements of the British model," says Mr. Swandel. "By working with our sector in alignment with our distribution systems, we can share the risks and rewards and drive more money to smaller businesses.
"Adapting indirect lending in the Canadian financial market can give SMEs the strong and reliable access to capital they need to scale up their capacity and improve their productivity," he adds.


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斯科特·巴洛 (SCOTT BARLOW)

数据中心的扩张正在使一个本就难以满足需求的美国电网承受巨大压力,而“表后”(behind-the-meter,简称 BTM)电力——即不连接到电网的现场发电机——正成为一项席卷而来的新趋势,其中蕴含着明确的赢家和投资机会。
数据中心的快速建设并非新鲜事,但该趋势内部的一个变化却较少被人们理解。AI 提供商现在发现,有必要在靠近终端市场的地点建设小型设施,而不是将所有城市连接到遥远地点的巨型中心。(大型中心用于训练 AI 智能体,而小型中心则用于智能体的实际应用)。这需要本地电源供应,而 BTM 设备正越来越多地提供此类电力。
摩根士丹利(Morgan Stanley)的分析师估计,BTM 电力市场存在 $240 亿加元的机遇(大约相当于 120 吉瓦,足以支撑 1 亿 个普通家庭的用电)。他们认为这一趋势将产生三个大赢家——布鲁姆能源公司(Bloom Energy Corp.)、博格华纳公司(BorgWarner Inc.)和 FTAI 航空有限公司(FTAI Aviation Ltd.)。
布鲁姆能源提供固体氧化物燃料电池,由于其直流电输出、低噪音和低排放,非常适合 BTM 电力。该股在过去 12 个月中上涨了 239%(这不是笔误)。其滚动市盈率高达 251 倍,但收益每年都在翻倍以上。
博格华纳生产涡轮发电机,这在本地 AI 基础设施中也十分普遍。该股的估值更为合理,滚动市盈率为 11.5 倍,在过去一年中上涨了 47%。
FTAI 出售基于喷气发动机的燃气轮机,这是我在之前并不知其存在的东西。其滚动市盈率为 36,该股在过去 12 个月中的回报率为不尽如人意的 1.6%。
Championing a stronger, more competitive financing ecosystem that helps businesses access the capital they need to invest, compete, and grow.

cfla-acfl.ca
蒂姆·塞斯尼克 (TIM CESTNICK)
观点
FCPA, FCA, CPA (IL), CFP, TEP,作者,Our Family Office Inc 联合创始人兼首席执行官
现在是考虑 2026年节税的时节。如果您是一名投资者,请考虑以下策略。
递延资本利得。如果您计划出售一项有累计收益的个人投资,请问问自己,这次出售是否真的必须在 Dec. 31. 之前完成。等到 1 月份可以将应纳税收益推迟到 2027 年,并将任何税单延迟一年。如果您有可用的损失、预计明年的税率更高,或者单纯认为出于其他原因到了出售该投资的时机,那么现在出售可能仍然合理。
收获资本损失。如果您在 2026年实现了资本利得,请在您的投资组合中寻找有累计损失的投资。在年底前出售它们可以产生资本损失,以抵消今年的收益。未使用的净资本损失通常可以追溯三年或无限期结转。只需注意“表面损失”(superficial loss)规则,如果您、您的配偶或关联实体在出售前 30 天或出售后 30 天内购买相同或一致的财产,该损失可能会被拒绝认定。
检查您的裸信托(bare trusts)。您是否为他人持有投资、银行账户或房地产的法定所有权?从 2026 年 12 月 31, 2026, 或之后结束的纳税年度开始,某些“可报告的裸信托”可能有 T3 申报表和 Schedule 15 的申报义务。这里存在例外情况,特别是对于持有 $50,000 或以下资金的账户,因此不要假设每个联名账户都会被涵盖。年终是确定您是否有任何被这些报告规则涵盖的联名账户或其他安排的好时机。
留意 21 年期限。许多家庭信托被视为每 21 年按公允市场价值处置一次其资产(即资本财产),即使没有实际出售任何东西,这也可能触发税收打击。如果您参与的信托即将迎来其 21 周年纪念日,请现在寻求建议。在某些情况下,资产可以在纪念日之前以递延纳税的方式分配给受益人以避税,或者可能有其他选项来规避该税收打击,因此请咨询税务专业人士。
■ 重新审视私营公司股息。私营公司的股息在支付给家庭成员时,可能会触及分红收入税(tax on split income,简称 TOSI)规则。当 TOSI 适用时,该收入通常按最高边际税率征税,这可能会抵消任何收入分摊的益处。在宣布公司的年终股息之前,请确认接收者是否符合可避免 TOSI 的豁免条件。
检查您的 AMT 风险。替代最低税(alternative minimum tax,简称 AMT)可能会让投资者感到意外,因为它使用一套独立的税收计算方法,并限制某些扣除额、抵免额和优惠税项的益处。大额资本利得、损失结转、利息扣除及其他持有费用以及捐赠都可能导致 。如果 2026 年在收益、捐赠或扣除额方面是一个异常巨大的年份,请在年底前让您的税务代理计算您的 CFLA 风险。任何 余额都可以在接下来的七年内申请作为抵免额——因此这可能并非永久性的资金损失。
使利息可抵税。在年底前审查您的债务。当您借款用于从业务或财产中赚取收入时,利息通常是可以抵税的,而个人借款的利息则不行。因此,考虑先偿还不可抵税的个人债务,并在合理的情况下改为借款投资。保留一份清晰的记录,显示借款资金是如何使用的,因为税务局会追踪资金的最终用途。
规划您的捐赠方式。如果慈善捐赠是您投资计划的一部分,不要只关注捐赠什么,还要思考如何捐赠。直接赠予是最简单的,但在某些情况下,设立家庭基金会——无论是捐赠者建议基金(donor-advised fund)还是私人基金会——可以通过将捐赠税收抵免的时间与慈善机构收到资金的时间分开,从而提供灵活性。合适的结构取决于成本、控制权以及您的目标。请尽早决定,以便在新年到来之前完成年终捐赠。
考虑设立控股公司。在某些省份,拥有大规模非注册投资组合的投资者,通过公司而非个人持有投资可能会获益。答案取决于所赚取的收入、您所在的省份、您的个人税率以及您计划随后如何使用这笔资金。公司并不总是能让您获益,但如果您拥有较大的应税投资组合,您至少应该计算一下具体数值。
Performance of dividend and index fund ETFs if all dividends are reinvested
Percentage growth, indexed so that 0 = Sept. 27, 2021

THE GLOBE AND MAIL, SOURCE: YAHOO FINANCE; AUTHOR'S CALCULATIONS
The idea of living off your dividends sounds great, but every investing decision comes with trade-offs
BRYCE LEUNG
OPINION
Kristy Shen and Bryce Leung retired in their 30s and are authors of the book Parent Like a Millionaire (Without Being One)
There's a hot new Gen Z investing trend, and it's all about dividends. With its own ecosystem of finfluencers on Youtube like Dividendology and a dividend investing subreddit with 911,000 followers, the trend is sometimes called dividend maxxing, yield maxxing or my personal favourite, "dividends and chill."
Here's how it works: You buy stocks or exchange-traded funds (ETFs) that pay dividends, collect those dividends as passive income and reinvest those dividends so your holdings grow over time. Once your passive income replaces your expenses, you retire.
So, what is the problem here? Isn't that the model that the Financial Independence, Retire Early (FIRE) movement follows?
In many ways, yes. Investing your money in passive-income producing investments and using that to retire is a core principle of the FIRE movement. The big difference is that this approach heavily favours dividends, while FIRE is more agnostic: interest, dividends and capital gains all count.
This is reflected in the different ETFs we use. The FIRE movement uses low-cost index funds like Vanguard's US Total Stock Market ETF (VTI) or iShares Core S&P/TSX Capped Composite Index ETF (XIC) to build our portfolios, while dividend investors often use the Schwab US Dividend Equity ETF (SCHD).
Because these investors want steady dividends, this strategy tends to concentrate on large, stable companies like banks, health care and consumer staples. This underweights growth sectors like the tech sector, which reduces volatility but means they miss out on the sectors' long-term capital gains.
Dividend investing is a perfectly reasonable strategy that has existed long before Gen Z discovered it. Where it starts to get alarming, however, is when investors get impatient.
The SCHD fund currently has a dividend yield of 3 per cent, which is miles better than VTI's yield of just 1 per cent. But it also means that if you need \$60,000 to retire, you would need approximately \$2,000,000 worth of SCHD to retire on it.
What if you wanted to retire on a smaller portfolio? The FIRE approach would be to reduce your living expenses. If you want to retire with half as much money, you need to spend half as much a year. In other words, FIRE advocates for changing your lifestyle – not your investments.
Dividend Maxxers do the opposite. Rather than cut costs, they search for funds paying higher yields. After all, if your investments were yielding 6 per cent rather than 3 per cent, you would only need \$1-million. If your investments were yielding 12 per cent, you would only need \$500,000.
That math is seductive, and that's when this strategy becomes dangerous.
The perceived safety of dividend investing is that you don't have to sell any shares to fund your living expenses. You simply buy, hold and live off the dividends. But yield is not the same as dividends. Just because a fund advertises a certain yield every month doesn't mean it's sustainable.
Covered-call ETFs are one example.
They are popular among dividend investors because they advertise a much higher yield, but most of that yield is not being funded by dividends. Instead, the funds use a strategy involving call options, which creates income from a basket of stocks by collecting option premiums and redistributing them to fund investors. But it works best when the stock market is relatively flat or rising modestly. When the market spikes higher, these call options can work against you because the fund can be forced to sell off shares if those options get called, or the options themselves can lose value.
That's not a passive buy-and-hold strategy, although it feels like it because the fund holder is sitting there and collecting their monthly payments. But underneath the hood, someone is actively trading on your behalf.
Let's look at the long-term performance of three funds. An index fund like VTI yields about 1 per cent, a dividend index fund like SCHD yields 3 per cent, and a covered-call ETF covering the S&P 500, such as JEPI, yields almost 8 per cent.
Someone chasing dividends would be highly tempted to pick JEPI because a nearly 8-per-cent yield is better than 3 per cent or 1 per cent. But let's look at how these funds performed over the past five years if an investor reinvested all dividends produced.
As you can see, that yield isn't free. The higher current income you want, the lower the long-term performance of that fund tends to be.
There's a lot to like about dividend investing, and the idea of living off your dividends while never touching the principal sounds great. But every investing decision comes with trade-offs, and it's important to understand them.
Som Seif
雄心应由你掌控,繁重的工作不应如此。将标准提高。
通过 PURPOSE.CA 构建
SCOTT BARLOW

Data centre expansion is stretching a U.S. power grid that was already struggling to meet demand and behind-the-meter (BTM) power - generators on sites that are not connected to the grid - is the sweeping new trend, one with clear winners and clear investment opportunities.
The rapid build-out of data centres is not a new story but a change within that trend is less understood. AI providers are now finding it necessary to build smaller facilities close to end markets instead of connecting all cities to massive centres in faraway locations. (Large centres are used to train AI agents and smaller centres for actual use of the agents). This requires local power supplies and this is increasingly provided by BTM equipment.
Morgan Stanley analysts estimate a US\$240-billion opportunity in BTM power (or roughly 120 gigawatts, the equivalent of powering 100 million average homes). They see three big winners from the trend – Bloom Energy Corp., BorgWarner Inc. and FTAI Aviation Ltd..
Bloom Energy provides solid oxide fuel cells that are ideal for BTM power because of DC current output, low noise and emissions. The stock is up 239 per cent over the past 12 months (that's not a typo). The trailing price to earnings ratio is really high at 251 times but earnings are more than doubling every year.
BorgWarner produces turbine generators that are also prevalent in local AI infrastructure. The stock is far more reasonably valued at 11.5 times trailing earnings and has climbed 47 per cent over the past year.
FTAI sells jet engine-based gas turbines, a thing I didn't know existed before now. The trailing price earnings ratio is 36 and the stock has returned an uninspiring 1.6 per cent for the past 12 months.

PIXELONESTOCKER / GETTY IMAGES
专家表示:“住房是决定加拿大退休生活成败的最关键一项支出”
芭芭拉·鲍尔福 (BARBARA BALFOUR)
分析
几十年来,退休规划的一个核心假设是在离开职场之前还清抵押贷款,从而消除每月最大的支出项之一。
但对于越来越多的加拿大人来说,这种情况已不再适用。年长的租房者在退休期间可能面临持续上涨的住房成本;而进入晚年仍背负抵押贷款、信用额度、公寓管理费或面临昂贵维修费的房主则发现,拥有房产并不一定意味着住房成本低廉。
顾问们表示,这意味着应将住房视为退休规划的核心部分,而不是一项最终会自行解决的费用。
“住房是决定加拿大退休生活成败的最关键一项支出,而大多数标准规划将其视为次要考虑因素,”安大略省博尔顿的独立特许专业会计师兼财务教练斯特凡妮·里奇奥 (Stefanie Ricchio) 说道。
她说,现在的分水岭不再仅仅是房主与租房者的区别,而是那些已将住房成本和资产切实纳入财务规划的退休人员,与那些依赖于旧住房市场假设的人员之间的区别。
“现在的安全感来自灵活性和流动性,而非产权,”里奇奥女士说。“房主需要停止将还清贷款的房屋视为‘免费’,而应开始将房屋净值视为一项可规划的资产。”
里奇奥女士回忆起一位退休客户,其长期的租金在她的预算范围内非常舒适,直到她不得不搬离原住处。
当她在同一区域寻找另一套公寓时,租金已大幅上涨,以至于她的加拿大养老金计划 (CPP) 和老年保障金 (OAS) 福利已无法支持她在该市继续生活,除非从她的注册退休收入基金 (RRIF) 中提取更多资金。
“讨论的重点变成了如何让她的储蓄维持到生命终点,而不是强迫自己留在那个她已无法负担的城市,”里奇奥女士说。
温哥华的财务规划师约翰·帕纳戈 (John Panago) 也看到了同样的算术结果。一位考虑从月租约 $1,600 的旧租金保护公寓搬出的客户发现,一套新公寓的月租金将达到 $2,250,每年增加 $7,800。
“这增加了每月的退休支出,可能会削减度假和娱乐预算,”帕纳戈先生说。
为了应对这些可能性,里奇奥女士从一开始就为客户制定不同的退休计划。她说,终身租房者可能需要规模更大的流动资产组合,对年度租金上涨做出明确假设,并更加关注保证收入。
她还可能采用更保守的提取率,并将免税储蓄账户 (TFSA) 资产保留起来,作为应对晚年更高住房支出的缓冲。
与此同时,没有抵押贷款的房主拥有租房者所没有的东西:一项潜在可出售、可缩减规模或可抵押贷款的资产。
里奇奥女士描述了两名 66 岁的客户,他们的职业背景相似,且每人拥有约 $400,000 的储蓄。其中一人拥有一套已还清贷款的房子并能够通过缩减住房规模,将六位数的净值释放到退休计划中。而另一人每月支付 $2,400 的租金。
“同样的储蓄,完全不同的可持续性,”她说。“房主的房屋就像是一份隐藏的第二养老金。”
但这并不意味着拥有住房会自动带来更安全的退休生活。
一个典型的例子是:密西沙加市 Desjardins 财务安全独立网络 (Desjardins Financial Security Independent Network) 的财务顾问法扎德·巴库斯 (Fazaad Bacchus) 曾服务过一位退休的公寓业主,该业主意外收到了一份约 $40,000 的更换窗户特别摊款,需在五年内支付。她不得不增加从退休储蓄中的提取额来支付这笔费用。
另一位客户在结束了作为按摩治疗师的全职职业后退休,并继续从事兼职工作。在利率较低时,她和配偶曾以房屋抵押贷款进行装修。随着利率上升,他们的利息成本几乎翻了一番。
“结果,她被迫重新回到全职工作,以帮助支付增加的每月还款额,从而推迟了她原计划的退休生活,”巴克斯先生说道。
卑诗省德尔塔市 Raymond James Ltd. 旗下 Inspire Wealth Management 的高级财富顾问维基·查特利(Vicki Chatterley)表示,房主仍需为房产税、保险、维护费、公寓或分层所有权费用以及重大维修制定预算。随着客户年龄的增长,他们可能还需要支付清洁、庭院工作、交通和房屋维护费用。
“关键考量是现金流,而不仅仅是某人是租房、有抵押贷款还是拥有一套无抵押贷款的房屋,”查特利女士说。
卖掉房子变成租房者有时可以改善退休人员的处境。她举了两个客户的例子:一个留在有抵押贷款的房子里,而另一个则卖掉房子,将所得资金进行投资并租房居住。
房主受益于房产增值,但必须继续支付持有成本。而租房者则受益于投资增长,并将部分收益用于旅行和其他退休目标。
“通过提前将房屋净值变现,租房者获得了更好的流动性和生活灵活性,”她说。
在离婚或配偶去世后,住房决策可能会变得尤为关键,因为此前由两份收入共同承担的费用突然全部落在一个人身上。
查特利女士鼓励客户在环境迫使他们做出决定之前,尽早开始思考住房问题。
她说,将搬迁计划定在 80 岁之前可以作为一个有用的基准,因为等待健康或行动能力危机发生可能会大幅减少选择空间。
《环球邮报》特稿
TIM CESTNICK
OPINION
FCPA, FCA, CPA (IL), CFP, TEP, an author and co-founder and CEO of Our Family Office Inc

T is the season to be thinking about saving taxes for 2026. If you're an investor, think about the following strategies.
Defer capital gains. If you're planning to sell a personal investment with an accrued gain, ask yourself whether the sale really has to happen before Dec. 31. Waiting until January can push the taxable gain into 2027 and can delay any tax bill by a year. Selling now may still make sense if you have losses available, expect a higher tax rate next year, or simply think it's time to sell the investment for other reasons.
Harvest capital losses. If you've realized capital gains in 2026, look for investments in your portfolio with accrued losses. Selling them before year-end can create capital losses to offset gains this year. Unused net capital losses can generally be carried back three years or forward indefinitely. Just watch the superficial loss rules, which can deny a loss if you, your spouse or an affiliated entity buy the same or identical property in the period that is 30 days before or after your sale
Check your bare trusts. Do you hold legal title to an investment, bank account or real estate for someone else? Starting with taxation years ending on or after Dec. 31, 2026, certain “reportable bare trusts” can have a T3 return and Schedule 15 filing obligation. There are exceptions, particularly for accounts holding \$50,000 or less, so don't assume every joint account is caught. Year-end is a good time to figure out if you have any joint accounts or other arrangements that are caught under these reporting rules.
Watch the 21-year clock. Many family trusts are deemed to dispose of their assets – that is, capital property – every 21 years at fair market value, which can trigger a tax hit even though nothing was sold. If a trust you're involved with is coming up to its 21st anniversary, get advice now. In some cases, assets can be distributed to beneficiaries on a tax-deferred basis before the anniversary to avoid taxes, or there may be other options to side-step that tax hit, so speak to a tax pro.
■ Revisit private-company dividends. Dividends from a private corporation can run into the tax on split income, or TOSI, rules when they're paid to family members. When TOSI applies, the income is generally taxed at the top marginal rate, which can wipe out any income-splitting benefit. Before declaring year-end dividends from a corporation, confirm whether the recipient fits within an exclusion that avoids TOSI.
Check your AMT exposure. The alternative minimum tax, or AMT, can surprise investors because it uses a separate tax calculation and limits the benefit of certain deductions, credits and preferentially taxed items. Large capital gains, loss carryforwards, interest deductions and other carrying charges, and donations can all contribute to AMT. If 2026 has been an unusually big year for gains, donations or deductions, have your tax preparer calculate your AMT exposure before year-end. Any AMT balance can be claimed as a credit in the following seven years – so it may not be a permanent loss of dollars.
Make interest deductible. Review your debts before year-end. Interest is normally deductible when you borrow money to earn income from business or property, while interest on personal borrowing isn't. So, consider paying down nondeductible personal debt first and borrowing, if it makes sense, for investing instead. Keep a clean paper trail showing how borrowed funds were used because the taxman will trace the funds to their end use.
\- Donate appreciated securities. If you're planning to give to charity, consider donating publicly traded securities with accrued gains rather than selling them and donating cash. When you donate qualifying securities the capital gain is eliminated and you'll still receive a donation tax credit based on fair market value to boot. This will save you more than donating cash. Just remember that a large donation can also create AMT.
Plan your giving vehicle. If charitable giving is part of your investment plan, don't just focus on what to donate; think about how to donate. A direct gift can be simplest, but a family foundation – either a donor-advised fund or a private foundation in some cases – can provide flexibility by separating the timing of your donation tax credits and when the charity gets the money. The right structure depends on cost, control and your objectives. Decide early enough to complete year-end gifts before the new year arrives.
Consider a holding company. In some provinces, investors with sizable non-registered portfolios could benefit from holding investments through a corporation rather than personally. The answer depends on income earned, your province, your personal tax rate and what you plan to do with the money later. A corporation doesn't always leave you better off, but if you have a larger taxable portfolio you should at least run the numbers.
杰米·麦吉弗 (JAMIE McGEEVER) 报道于奥兰多
观点
目前,美国金融市场的核心似乎存在一个谜题。债券市场的恐惧情绪正达到顶峰,将国债收益率推至至少 20 年来的最高水平,然而纳斯达克指数和标准普尔 500 指数却在创下历史新高。这是怎么回事?
投资者对此感到困惑是可以理解的。在人工智能驱动的企业利润前景所带来的狂热乐观情绪推动下,尽管基准 10 年期收益率飙升了 120 个基点,且超长期美国债券的收益率处于 24 年高点,但标准普尔 500 指数在今年至今已上涨约 15 per cent,纳斯达克指数则上涨了近 20 per cent。
借贷成本飙升和更高的折现率通常是股市的危险信号。事实上,历史表明,资金成本的上升几乎总是在严重的经济和金融低迷、衰退以及市场崩盘中扮演重要角色。因此,股票投资者有理由保持高度谨慎,尤其是考虑到市场目前在少数几只人工智能和科技股上的历史性集中度。
但重要的是要问,为什么债券收益率在飙升。
上一次收益率波动如此之大是在 2022 年,当时美联储为了应对封锁后激增的通货膨胀(随后又被俄罗斯入侵乌克兰所放大)而激进地提高利率。那一年,10 年期收益率惊人地跳升了 235 个基点,标准普尔 500 指数则下跌了 20 per cent。
在那个时候,极高的通货膨胀是最大的担忧。
这次情况似乎并非如此,尽管通胀率仍高于目标值。如果国债遭到抛售主要是因为对通胀的不满甚至是对财政问题的担忧,人们可能会预期看到更陡峭的收益率曲线以及基于市场的通胀预期激增。但这两者都没有出现。5 年期和 10 年期国债抗通胀债券(TIPS)的盈亏平衡通胀率远低于 5 月份的峰值,且今年在收益率曲线的大部分区间内,短期与长期收益率之间的差距已经缩小。相反,债券收益率上升的主要驱动因素似乎是经通胀调整后的“实际”收益率,这表明投资者正在将强劲的实际增长计入定价。
正如 Discipline Funds 的创始人兼首席投资官库伦·罗什 (Cullen Roche) 所言:“债券义警们不断出现,以为是来参加葬礼的,结果发现他们走进了一场增长派对。”
如果债券收益率因为强劲的增长预期而非飙升的通胀预期或其他风险而继续保持高位,华尔街或许可以继续狂欢。
华尔街与国债之间的分歧如此极端,以至于许多基金经理表示现在是买入债券的时候了。根据美国银行的数据,期限在 15 年或更长时间的国债 10 年滚动回报率在上个月跌至负 2 per cent。这是一个多世纪以来的最差回报率。
而现在,投资者可以在未来十年锁定近 3 per cent 的实际经通胀调整后的收益率,在未来三十年锁定 3.5 per cent 的收益率。这些是代际高位且基本有保证的回报率。
这会吸引资金离开股市吗?也许会,但寻求构建更平衡投资组合的投资者可能不会有更好的机会。
债券和股票共同面临的一个主要威胁仍然是期限溢价。这是债券买家因购买长期债务而非短期票据而要求的额外风险补偿的模糊程度。期限溢价的剧烈上升表明,除了增长和通胀之外的因素(例如对央行信誉的怀疑或对债务贬值的担忧)正在推高收益率。
根据纽约联储备受关注的 Adrian, Crump, and Moench (ACM) 模型,本周美国 10 年期期限溢价已飙升至 96 个基点,创下 12 年新高。
目前尚不清楚在任何特定时间点驱动期限溢价的具体因素,以及它将给市场带来怎样的连锁反应。但如果期限溢价继续上升,华尔街的狂欢可能很快就会结束。
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由于投资者权衡债券收益率上升和贸易不确定性,加拿大基准股指周三出现四个月来最大跌幅,其中金融和金属采矿股领跌。
S&P / TSX 综合指数收盘下跌 607.65 点,跌幅 1.7%,报 35,041.86,这是自 6 月 5 日以来的最大跌幅,也是两个半月以来的最低收盘水平。在标普 500 指数和纳斯达克指数周二均创历史新高后,华尔街周三同样收低。
作为长期借贷成本的全球基准,美国 10 年期基准国债收益率触及 24 年新高,随后在新债券拍卖强劲后回落部分涨幅。截至下午晚些时候,美国 10 年期和加拿大 10 年期债券收益率小幅上涨 1 到 2 个基点。
由于金价跌至两个月低点,TSX 材料板块下跌 2.9%。美元走强以及美国国债收益率上升,降低了这种无息金属的吸引力。
权重较高的金融板块下跌 2.3%,主要银行股均出现下跌,其中包括多伦多道明银行(Toronto-Dominion Bank)股价下跌 3.3%。
美国总统唐纳德·特朗普周三表示,随着其政府寻求与渥太华达成一项新的贸易协定,加拿大一直难以打交道。
“随着这种关税不确定性的持续,你将看到消费者和企业面临越来越多的下行压力,这将拖累金融行业,”Raymond James 旗下 Dehal Investment Partners 的高级投资组合经理 Michael Dehal 表示。
工业板块下跌 1.65%,能源板块收低 0.75%。
美国原油期货结算价下跌 1.3%,报每桶 $88.28。此前,国际能源署同意加快释放石油储备并优先供应柴油,以试图遏制创纪录的燃料价格,因为伊朗战争挤压了全球供应。与伊朗战争相关的供应担忧导致油价飙升,进而引发了对通胀的担忧,并增加了央行延长加息周期的可能性。这些担忧与不断增加的企业和主权债务水平相结合,引发了全球债券抛售。
路透社,环球邮报工作人员
股票观察 DAVID LEEDER

加拿大国家铁路 (CNI-NYSE)
收盘 $115.75, 下跌 $2.66
花旗分析师 Ariel Rosa 认为,北美运输业近期股价的下跌,在进入第三季度财报季之际“创造了更有利的风险回报设置”。虽然他警告称,包括燃料价格上涨和利率上升在内的宏观风险可能会“让许多投资者保持谨慎”,但他强调,他覆盖的公司“总体上发出的信号是积极的”。
目标价:Rosa 将加拿大国家铁路公司(Canadian National Railway Co.)的目标价从 $151 下调至 $143,评级为“买入”。共识预期为 $138.68.

加拿大公用事业公司 (CU-TSX)
收盘 $49.85, 下跌 35¢
TD Cowen 分析师 John Mould 认为,加拿大公用事业有限公司(Canadian Utilities Ltd.)与 Emera Inc. 价值 $14.3-billion 的合并,为其股东提供了“一个更大、更多元化的公用事业平台的所有权,使其能够有效接触佛罗里达州和阿尔伯塔州,这两个地区是北美最具吸引力的公用事业管辖区。”
目标价:他将加拿大公用事业公司的评级从之前的“持有”上调至“买入”,目标价从 $52. 上调至 $57。共识预期为 $54.33.

来源:BARCHART
BCE (BCE-TSX)
收盘 $28.19, 上涨 16¢
Desjardins Securities分析师Jerome Dubreuil预计,加拿大电信公司的第三季度业绩将“反映出人口增长缓慢、竞争激烈以及由于CRTC的一项决定导致激活费面临轻微压力的持续影响”。
目标价:Dubreuil先生将BCE Inc.称为“一个充满催化剂的数据中心故事”,将其目标股价从$43下调至$41,维持“买入”评级。共识预期为$37.30。
ATHABASCA OIL (ATH-TSX)
收盘价 $12.27,上涨 4¢

MAPLE LEAF FOODS (MFI-TSX)
收盘价 $24.50,持平
National Bank Financial分析师Dan Payne认为,Athabasca Oil Corp.以$5.7-billion现金和股票被科诺哈斯能源公司(Cenovus Energy Inc.)收购的交易是“ATH团队价值创造的强力 culmination,具有稳健的指标和溢价,反映了在整个周期中通过执行建立一个具有上涨空间的、大规模可扩展资源的重大意义”。
目标价:他将Athabasca的评级从“跑赢大盘”下调至“tender”,并将目标价从$13.75下调至$12。共识预期为$12.81。

Desjardins Securities分析师Chris Li认为,Maple Leaf Foods Inc.自8月中旬公布第二季度业绩以来,股价下跌11%“过于严苛”,预计该公司“将开辟一条路径,在预制食品销量开始回升的情况下,为今年画上强有力的句号”。
目标价:Li先生重申其“买入”评级,将其目标价从$39下调至$36。共识预期为$35.90。
S&P / TSX综合指数
过去 12 个月

TSX指数及子指数
S&P 500
过去 12 个月

TSX成交量
股价在$1或以上的股票前 20 名
| 收盘价< / > 净涨跌< / > 涨跌幅%< / > 成交量 (千股)< / > 年初至今涨跌幅%< / > | TSX综合指数< / > 35041.86< / > -607.65< / > -1.70< / > 250729< / > 10.50< / >< / > TSX 60指数< / > 2064.92< / > -34.14< / > -1.63< / > 119740< / > 11.02< / >< / > TSX完成指数< / > 2255.14< / > -46.56< / > -2.02< / > 130988< / > 8.44< / >< / > TSX小盘股指数< / > 1411.46< / > -26.07< / > -1.81< / > 92024< / > 17.96< / >< / > TSX创业综合指数< / > 877.17< / > -12.95< / > -1.45< / > 51548< / > -11.19< / >< / > TSX非必需消费品< / > 381.01< / > -1.81< / > -0.47< / > 3692< / > -0.42< / >< / > TSX必需消费品< / > 1226.52< / > 8.79< / > 0.72< / > 5121< / > -0.94< / >< / > TSX能源
封顶< / > 442.67< / > -3.34< / > -0.75< / > 50946< / > 47.35< / >< / > TSX金融服务加< / > 717.81< / > -16.89< / > -2.30< / > 39061< / > 14.39< / >< / > TSX医疗保健加< / > 21.92< / > 0.21< / > 0.97< / > 2284< / > 0.09< / >< / > TSX工业加< / > 484.35< / > -8.15< / > -1.65< / > 16573< / > 3.72< / >< / > TSX信息技术< / > 347.10< / > -4.34< / > -1.23< / > 10364< / > 6.28< / >< / > TSX材料加< / > 805.86< / > -23.86< / > -2.88< / > 60304< / > 7.49< / >< / > TSX房地产加< / > 289.54< / > -1.66< / > -0.57< / > 7147< / > -8.48< / >< / > TSX全球黄金指数< / > 863.91< / > -26.53< / > -2.98< / > 118842< / > 5.73< / >< / > TSX全球
矿业 | 239.06< / > -6.72< / > -2.73< / > 311996< / > 14.05< / > | TSX 收益信托< / > 227.89< / > 0.12< / > 0.05< / > 8313< / > 3.48< / >< / > TSX 优先股< / > 699.14< / > 2.47< / > 0.35< / > 1836< / > 0.42< / >< / > TSX 通信< / > 134.84< / > 0.76< / > 0.57< / > 18153< / > -14.04< / >< / > TSX 公用事业上限< / > 381.86< / > -1.01< / > -0.26< / > 18488< / > 8.39< / > |
< / > 收盘价< / > 净涨跌< / > 涨跌幅%< / > 成交量 (千股)< / > 年初至今涨跌幅%< / >< / > 多伦多道明银行< / > 162.43< / > -5.63< / > -3.35< / > 12696< / > 25.56< / >< / > ATH 阿萨巴斯卡石油< / > 12.27< / > 0.04< / > 0.33< / > 11754< / > 74.54< / >< / > T TELUS 公司< / > 11.34< / > 0.15< / > 1.34< / > 9439< / > -37.31< / >< / > XIU ISHARES SP TS< / > 52.19< / > -0.85< / > -1.60< / > 7783< / > 11.07< / >< / > CVE 科诺哈斯能源< / > 43.67< / > -0.79< / > -1.78< / > 7224< / > 88.07< / >< / > CNQ 加拿大自然资源< / > 67.80< / > -0.68< / > -0.99< / > 7193< / > 45.84< / >< / > MFC 宏利金融< / > 59.51< / > -1.53< / > -2.51< / > 6067< / > 19.40< / >< / > BB 黑莓
LIM< / > 12.51< / > -1.14< / > -8.35< / > 5092< / > 141.51< / >< / > BCE BCE 公司< / > 28.19< / > 0.16< / > 0.57< / > 5057< / > -13.90< / >< / > BTE BAYTEX 能源< / > 6.54< / > -0.14< / > -2.10< / > 4879< / > 47.30< / >< / > WCP WHITECAP 资源< / > 18.08< / > -0.14< / > -0.77< / > 4647< / > 57.22< / >< / > ENB 恩桥公司< / > 65.43< / > -0.77< / > -1.16< / > 4351< / > -0.38< / >< / > HNU BETAPRO NAT G< / > 9.08< / > 0.50< / > 5.83< / > 4105< / > -44.29< / >< / > TRP TC 能源公司< / > 84.00< / > -1.57< / > -1.83< / > 4091< / > 11.14< / >< / > EMA EMERA 公司< / > 65.36< / > -0.95< / > -1.43< / > 3942< / > -3.37< / >< / > IVN IVANHOE
矿业< / > 11.61< / > -0.30< / > -2.52< / > 3761< / > -25.62< / >< / > BNS 新斯科舍银行< / > 124.29< / > -3.95< / > -3.08< / > 3555< / > 22.78< / >< / > K 金罗斯黄金公司< / > 33.04< / > -0.84< / > -2.48< / > 3399< / > -14.54< / >< / > DML DENISON 矿业< / > 3.66< / > -0.21< / > -5.43< / > 3287< / > 0.55< / >< / > AQN ALGONQUIN 电力< / > 7.23< / > 0.02< / > 0.28< / > 3030< / > -14.34< / > |
TSX 涨幅榜
股价在 $1 或以上的 20 强股票
< / > 收盘价< / > 净涨跌< / > 涨跌幅%< / > 成交量 (千股)< / > 年初至今涨跌幅%< / >< / > COID SAVVYSHORT -< / > 4.15< / > 0.54< / > 14.96< / > 5< / > -72.80< / >< / > MSTZ SAVVYSHORT -< / > 1.95< / > 0.24< / > 14.04< / > 52< / > -90.99< / >< / > DND DYE AND DURHA< / > 1.32< / > 0.13< / > 10.92< / > 590< / > -68.35< / >< / > ALC ALGOMA CENTRA< / > 26.33< / > 2.43< / > 10.17< / > 57< / > 39.31< / >< / > RUA RUA GOLD INC< / > 1.45< / > 0.12< / > 9.02< / > 71< / > 16.00< / >< / > CGMD MEGASHORT -3< / > 6.19< / > 0.48< / > 8.41< / > 15< / > -70.10< / >< / > MUU SAVVYLONG 2X< / > 18.99< / > 1.40< / > 7.96< / > 472< / > -15.60< / >< / > CMCX-B CI
[...OMITTED...]
GALAXY | 18.21< / > 1.31< / > 7.75< / > 1< / > 15.11< / > | RM ROXMORE RESOUR< / > 5.35< / > 0.35< / > 7.00< / > 539< / > 148.84< / >< / > GDXD BETAPRO CDN< / > 8.97< / > 0.53< / > 6.28< / > 407< / > -45.10< / >< / > SLVD BETAPRO SILV< / > 36.03< / > 2.11< / > 6.22< / > 41< / > -47.39< / >< / > GASU SAVVYLONG GE< / > 6.35< / > 0.35< / > 5.83< / > 12< / > -43.05< / >< / > HNU BETAPRO NAT G< / > 9.08< / > 0.50< / > 5.83< / > 4105< / > -44.29< / >< / > GIAI GUARDIAN I3< / > 24.48< / > 1.33< / > 5.75< / > 6< / > 26.32< / >< / > CSCI COSCIENS BIO< / > 9.18< / > 0.48< / > 5.52< / > 1< / > 7.75< / >< / > ECO ECOSYNTHETIX< / > 1.86< / > 0.09< / > 5.08< / > 11< / > -53.50< / >< / > MUHE HARVEST
MICR< / > 12.60< / > 0.60< / > 5.00< / > 50< / > 0.64< / >< / > KITS KITS EYECARE< / > 17.50< / > 0.80< / > 4.79< / > 187< / > -4.53< / >< / > VLE VALEURA ENERG< / > 16.02< / > 0.72< / > 4.71< / > 753< / > 95.84< / >< / > CFOD BETAPRO SP T< / > 12.26< / > 0.53< / > 4.52< / > 31< / > -28.01< / > |
TSX 跌幅榜
股价 $1 或以上的 20 强股票
< / > 收盘价< / > 净涨跌< / > 涨跌幅 %< / > 成交量 (千股)< / > 年初至今涨跌幅 %< / >< / > MSTU SAVVYLONG 2X< / > 39.60< / > -6.14< / > -13.42< / > 242< / > -52.63< / >< / > XNDU XANADU QUANT< / > 6.41< / > -0.80< / > -11.10< / > 1077< / > -60.01< / >< / > CBCX CI HAXABY BL< / > 43.11< / > -4.74< / > -9.91< / > < / > 3.88< / >< / > CGMU MEGALONG 3X< / > 7.87< / > -0.82< / > -9.44< / > 295< / > -47.20< / >< / > VGC VALOR GOLD CO< / > 2.72< / > -0.28< / > -9.33< / > 220< / > -63.24< / >< / > WJX WAJAX CORPORA< / > 35.98< / > -3.62< / > -9.14< / > 129< / > 32.09< / >< / > FVI FORTUNA MININ< / > 14.44< / > -1.44< / > -9.07< / > 1711< / > 7.36< / >< / > COIU SAVVYLONG
2X< / > 23.79< / > -2.29< / > -8.78< / > 1< / > -63.51< / >< / > NDM NORTHERN DYNA< / > 1.69< / > -0.16< / > -8.65< / > 872< / > -37.41< / >< / > BB BLACKBERRY LIM< / > 12.51< / > -1.14< / > -8.35< / > 5092< / > 141.51< / >< / > BNKU MEGALONG 3X< / > 18.83< / > -1.70< / > -8.28< / > 25< / > 67.38< / >< / > EFR ENERGY FUELS< / > 14.65< / > -1.32< / > -8.27< / > 1243< / > -26.31< / >< / > CCOU SAVVYLONG 2X< / > 16.14< / > -1.45< / > -8.24< / > 7< / > -24.15< / >< / > IAU I 80 GOLD COR< / > 2.12< / > -0.18< / > -7.83< / > 1313< / > 4.95< / >< / > MAI MINING AMERIC< / > 5.00< / > -0.39< / > -7.24< / > 425< / > -5.66< / >< / > HSTR< / > 2.32< / > -0.18< / > -7.20< / > 599< / > < / >< / > HSLV
HIGHLANDER S< / > 6.86< / > -0.52< / > -7.05< / > 877< / > 29.19< / >< / > GRA NANOXPLORE IN< / > 1.33< / > -0.10< / > -6.99< / > 326< / > -48.05< / >< / > EDT SPECTRAL MEDI< / > 1.08< / > -0.08< / > -6.90< / > 59< / > -25.00< / >< / > MSTR STRATEGY CDR< / > 10.42< / > -0.77< / > -6.88< / > 331< / > -1.51< / > |
S&P / TSX 综合指数股票
按市值计算的最大股票
| 收盘价< / > 净涨跌< / > 涨跌幅%< / > 成交量 (千股)< / > 年初至今涨跌幅%< / > | VNP 5N PLUS INC.< / > 31.57< / > -0.85< / > -2.62< / > 477< / > 78.16< / >< / > ABRA ABRASILVER R< / > 11.47< / > -0.52< / > -4.34< / > 1190< / > 7.40< / >< / > AAV ADVANTAGE ENE< / > 10.31< / > -0.21< / > -2.00< / > 730< / > -12.18< / >< / > ARE AECON GROUP I< / > 54.11< / > -3.34< / > -5.81< / > 552< / > 72.99< / >< / > AEM AGNICO EAGLE< / > 257.21< / > -7.39< / > -2.79< / > 620< / > 10.50< / >< / > AC AIR CANADA< / > 25.00< / > -0.78< / > -3.03< / > 2773< / > 29.60< / >< / > AGI ALAMOS GOLD I< / > 44.94< / > -1.65< / > -3.54< / > 618< / > -15.21< / >< / > AQN ALGONQUIN
POW< / > 7.23< / > 0.02< / > 0.28< / > 3030< / > -14.34< / >< / > ATD ALIMENTATION< / > 77.11< / > -0.05< / > -0.06< / > 1156< / > 2.87< / >< / > AAUC ALLIED GOLD< / > 27.93< / > -0.81< / > -2.82< / > 678< / > -11.19< / >< / > AP-UN ALLIED PROP< / > 6.10< / > -0.03< / > -0.49< / > 1128< / > -54.38< / >< / > ALA ALTAGAS LTD.< / > 54.40< / > -0.12< / > -0.22< / > 856< / > 29.99< / >< / > ALS ALTUS MINERA< / > 64.97< / > -1.02< / > -1.55< / > 179< / > 59.08< / >< / > AIF ALTUS GROUP L< / > 44.90< / > 0.26< / > 0.58< / > 106< / > -20.83< / >< / > USA AMERICAS GOLD< / > 5.94< / > -0.42< / > -6.60< / > 1684< / > -15.62< / >< / > ARIS ARIS
MINING< / > 24.28< / > -0.82< / > -3.27< / > 460< / > 9.07< / >< / > ATZ ARITZIA INC< / > 123.28< / > 2.04< / > 1.68< / > 776< / > 5.05< / >< / > ACO-X ATCO LTD. C< / > 81.91< / > 0.89< / > 1.10< / > 1012< / > 45.28< / >< / > ATH ATHABASCA OIL< / > 12.27< / > 0.04< / > 0.33< / > 11754< / > 74.54< / >< / > ATRL ATKINSREALIS< / > 85.38< / > -2.01< / > -2.30< / > 543< / > -3.63< / >< / > ATS ATS CORPORATI< / > 25.37< / > -0.59< / > -2.27< / > 266< / > -32.90< / >< / > ASM AVINO SILVER< / > 7.62< / > -0.29< / > -3.67< / > 449< / > -10.77< / >< / > AYA AYA GOLD AND< / > 37.32< / > -1.73< / > -4.43< / > 919< / > 90.02< / >< / > BTO B2GOLD
CORP.< / > 7.12< / > -0.27< / > -3.65< / > 2875< / > 15.21< / >< / > BCE BCE INC.< / > 28.19< / > 0.16< / > 0.57< / > 5057< / > -13.90< / >< / > BDGI BADGER INFRA< / > 93.15< / > -3.76< / > -3.88< / > 108< / > 27.38< / >< / > BMO BANK OF MONTR< / > 230.72< / > -5.48< / > -2.32< / > 1669< / > 29.44< / >< / > BNS BANK OF NOVA< / > 124.29< / > -3.95< / > -3.08< / > 3555< / > 22.78< / >< / > ABX BARRICK MININ< / > 55.84< / > -2.11< / > -3.64< / > 2057< / > -6.61< / >< / > BHC BAUSCH HEALTH< / > 8.79< / > 0.23< / > 2.69< / > 418< / > -7.76< / >< / > BTE BAYTEX ENERGY< / > 6.54< / > -0.14< / > -2.10< / > 4879< / > 47.30< / >< / > BIR BIRCHCLIFF
EN | 6.61< / > -0.09< / > -1.34< / > 1167< / > -11.51< / > | BDT BIRD CONSTRUC< / > 82.17< / > -1.04< / > -1.25< / > 355< / > 188.11< / >< / > BB BLACKBERRY LIM< / > 12.51< / > -1.14< / > -8.35< / > 4614< / > 141.51< / >< / > BEI-UN BOARDWALK< / > 60.38< / > -0.75< / > -1.23< / > 38< / > -6.36< / >< / > BBD-B BOMBARDIER< / > 299.60< / > -4.67< / > -1.53< / > 136< / > 28.31< / >< / > BYD BOYD GROUP SE< / > 109.70< / > 0.09< / > 0.08< / > 108< / > -49.82< / >< / > BAM BROOKFIELD AS< / > 63.51< / > -0.78< / > -1.21< / > 1198< / > -11.67< / >< / > BBUC BROOKFIELD B< / > 37.03< / > -0.09< / > -0.24< / > 67< / > -24.51< / >< / > BN BROOKFIELD
COR< / > 52.71< / > -0.27< / > -0.51< / > 2609< / > -16.36< / >< / > BIP-UN BROOKFIELD< / > 53.44< / > 0.32< / > 0.60< / > 561< / > 12.01< / >< / > BEP-UN BROOKFIELD< / > 42.04< / > 0.28< / > 0.67< / > 486< / > 13.35< / >< / > DOO BRP INC< / > 79.32< / > -0.49< / > -0.61< / > 287< / > -18.27< / >< / > CAR-UN CDN APARTM< / > 31.07< / > -0.35< / > -1.11< / > 510< / > -15.73< / >< / > CNQ CDN NATURAL R< / > 67.80< / > -0.68< / > -0.99< / > 7193< / > 45.84< / >< / > GIB-A CGI INC< / > 98.29< / > -0.66< / > -0.67< / > 607< / > -22.47< / >< / > CRT-UN CT REAL ES< / > 17.01< / > 0.05< / > 0.29< / > 133< / > 4.55< / >< / > CAE CAE
INC< / > 33.01< / > -0.68< / > -2.02< / > 728< / > -20.92< / >< / > CCO CAMECO CORP< / > 126.96< / > -5.31< / > -4.01< / > 1145< / > 1.02< / >< / > CM CANADIAN IMPER< / > 154.57< / > -4.08< / > -2.57< / > 2023< / > 24.22< / >< / > CNR CANADIAN NATI< / > 164.99< / > -3.35< / > -1.99< / > 1317< / > 21.54< / >< / > CP CANADIAN PACIF< / > 119.18< / > -2.26< / > -1.86< / > 1467< / > 17.94< / >< / > CTC-A CANADIAN TI< / > 190.11< / > -1.48< / > -0.77< / > 162< / > 9.30< / >< / > CU CANADIAN UTILI< / > 49.85< / > -0.35< / > -0.70< / > 1313< / > 16.66< / >< / > CPX CAPITAL POWER< / > 64.29< / > -0.20< / > -0.31< / > 500< / > 9.80< / >< / > CS CAPSTONE
COPPE< / > 13.92< / > -0.44< / > -3.06< / > 3025< / > 1.02< / >< / > CJT CARGOJET INC.< / > 86.26< / > -1.32< / > -1.51< / > 109< / > 2.76< / >< / > CCL-B CCL INDUSTR< / > 93.25< / > -0.78< / > -0.83< / > 304< / > 7.55< / >< / > CLS CELESTICA INC< / > 530.01< / > -21.78< / > -3.95< / > 336< / > 30.54< / >< / > CVE CENOVUS ENERG< / > 43.67< / > -0.79< / > -1.78< / > 7224< / > 88.07< / >< / > CG CENTERRA GOLD< / > 30.14< / > -0.75< / > -2.43< / > 318< / > 52.53< / > |
ETF
股票 $1 或以上
< / > 收盘价< / > 净变化< / > % 变化< / > 成交量 (千股)< / > 年初至今 % 变化< / >< / > CEU CES ENERGY SO< / > 18.05< / > -0.19< / > -1.04< / > 391< / > 47.11< / >< / > CSH-UN CHARTWELL< / > 19.44< / > 0.00< / > 517< / > -3.28< / >< / > CHP-UN CHOICE PRO< / > 14.65< / > 0.02< / > 0.14< / > 459< / > -1.08< / >< / > CCA COGECO COMMUN< / > 52.50< / > 0.68< / > 1.31< / > 335< / > -21.02< / >< / > CIGI COLLIERS INT< / > 122.44< / > -2.17< / > -1.74< / > 201< / > -39.31< / >< / > CSU CONSTELLATION< / > 2901.98< / > -48.66< / > -1.65< / > 38< / > -12.10< / >< / > CRR-UN CROMBIE RE< / > 15.63< / > -0.05< / > -0.32< / > 190< / > 2.36< / >< / > CURA CURALEAF
HOL | 14.06< / > -0.16< / > -1.13< / > 257< / > 37.44< / > | DFY DEFINITY FINA< / > 66.27< / > -0.50< / > -0.75< / > 197< / > -12.72< / >< / > DML DENISON MINES< / > 3.66< / > -0.21< / > -5.43< / > 3287< / > 0.55< / >< / > DSG DESCARTES SYS< / > 114.07< / > 2.28< / > 2.04< / > 257< / > -5.27< / >< / > DSV DISCOVERY MIN< / > 11.41< / > -0.41< / > -3.47< / > 2870< / > 36.16< / >< / > DOL DOLLARAMA INC< / > 185.37< / > -0.66< / > -0.35< / > 636< / > -9.64< / >< / > DPM DPM METALS IN< / > 52.00< / > -2.51< / > -4.60< / > 1352< / > 22.58< / >< / > DIR-UN DREAM INDU< / > 12.71< / > 0.06< / > 0.47< / > 1045< / > 1.03< / >< / > EQB EQB
INC< / > 118.82< / > -2.93< / > -2.41< / > 71< / > 14.37< / >< / > ELD ELDORADO GOLD< / > 52.28< / > -2.50< / > -4.56< / > 543< / > 5.98< / >< / > EFN ELEMENT FLEET< / > 21.65< / > -0.49< / > -2.21< / > 1636< / > -39.94< / >< / > EMA EMERA INCORPO< / > 65.36< / > -0.95< / > -1.43< / > 3942< / > -3.37< / >< / > EMP-A EMPIRE COMP< / > 48.87< / > 0.57< / > 1.18< / > 513< / > 2.41< / >< / > ENB ENBRIDGE INC< / > 65.43< / > -0.77< / > -1.16< / > 4351< / > -0.38< / >< / > EDR ENDEAVOUR SIL< / > 11.86< / > -0.45< / > -3.66< / > 1123< / > -8.13< / >< / > EFX ENERFLEX LTD< / > 33.82< / > -0.84< / > -2.42< / > 456< / > 59.83< / >< / > EFR ENERGY
FUELS< / > 14.65< / > -1.32< / > -8.27< / > 1243< / > -26.31< / >< / > EQX EQUINOX GOLD< / > 15.58< / > -0.56< / > -3.47< / > 2247< / > -19.23< / >< / > ERO ERO COPPER CO< / > 52.38< / > -1.52< / > -2.82< / > 357< / > 34.90< / >< / > EIF EXCHANGE INCO< / > 117.02< / > -1.71< / > -1.44< / > 118< / > 42.78< / >< / > EXE EXTENDICARE I< / > 27.79< / > 1.11< / > 4.16< / > 556< / > 30.16< / >< / > FFH FAIRFAX FINAN< / > 2199.92< / > -12.21< / > -0.55< / > 41< / > -15.90< / >< / > FTT FINNING INTL< / > 106.67< / > -5.33< / > -4.76< / > 395< / > 43.43< / >< / > FCR-UN FIRST CAPI< / > 22.96< / > 0.08< / > 0.35< / > 190< / > 21.48< / >< / > AG FIRST
MAJESTIC< / > 23.75< / > -1.21< / > -4.85< / > 1911< / > 3.71< / >< / > FM FIRST QUANTUM< / > 38.52< / > -1.43< / > -3.58< / > 2993< / > 4.67< / >< / > FSV FIRSTSERVICE< / > 180.95< / > -2.17< / > -1.19< / > 91< / > -15.23< / >< / > FTS FORTIS INC< / > 75.66< / > 0.41< / > 0.54< / > 2091< / > 6.03< / >< / > FVI FORTUNA MININ< / > 14.44< / > -1.44< / > -9.07< / > 1711< / > 7.36< / >< / > FNV FRANCO-NEVADA< / > 339.13< / > -7.71< / > -2.22< / > 293< / > 19.20< / >< / > FRU FREEHOLD ROYA< / > 16.58< / > -0.06< / > -0.36< / > 454< / > 9.15< / >< / > GMIN G MINING VEN< / > 48.32< / > -1.30< / > -2.62< / > 651< / > 16.46< / >< / > GFL GFL
ENVIRONME | 59.95< / > -0.55< / > -0.91< / > 767< / > 1.68< / > | GEI GIBSON ENERGY< / > 31.45< / > -0.37< / > -1.16< / > 444< / > 25.20< / >< / > GIL GILDAN ACTIVE< / > 58.81< / > -0.46< / > -0.78< / > 656< / > -31.45< / >< / > GRT-UN GRANITE RE< / > 83.01< / > -1.31< / > -1.55< / > 131< / > 1.59< / >< / > GWO GREAT-WEST LI< / > 87.56< / > -1.51< / > -1.70< / > 724< / > 29.35< / >< / > HPS-A HAMMOND POW< / > 293.28< / > -4.72< / > -1.58< / > 38< / > 83.90< / >< / > HWX HEADWATER EXP< / > 13.52< / > 0.06< / > 0.45< / > 421< / > 44.29< / >< / > HR-UN HR REAL EST< / > 9.26< / > 0.03< / > 0.33< / > 1164< / > -9.48< / >< / > HBM HUDBAY
MINERA< / > 36.87< / > -1.51< / > -3.93< / > 1925< / > 35.30< / >< / > H HYDRO ONE LIMIT< / > 50.83< / > -0.43< / > -0.84< / > 1331< / > -6.97< / >< / > IAU I 80 GOLD COR< / > 2.12< / > -0.18< / > -7.83< / > 1313< / > 4.95< / >< / > IAG IA FINANCIAL< / > 201.99< / > -1.94< / > -0.95< / > 317< / > 13.59< / >< / > IMG IAMGOLD CORP< / > 25.73< / > -0.67< / > -2.54< / > 1135< / > 13.60< / >< / > IGM IGM FINANCIAL< / > 82.03< / > -1.65< / > -1.97< / > 425< / > 32.71< / >< / > IMO IMPERIAL OIL< / > 170.38< / > -3.53< / > -2.03< / > 901< / > 43.68< / >< / > IFC INTACT FINANC< / > 238.72< / > -0.61< / > -0.25< / > 493< / > -16.45< / >< / > IPCO
INTERNATIONA< / > 34.87< / > 0.03< / > 0.09< / > 81< / > 40.43< / >< / > IVN IVANHOE MINES< / > 11.61< / > -0.30< / > -2.52< / > 3761< / > -25.62< / > |
< / > 收盘价< / > 净变化< / > % 变化< / > 成交量 (千股)< / > 年初至今 % 变化< / >< / > BANK EVOLVE CDN B< / > 10.75< / > -0.31< / > -2.80< / > 1013< / > 10.94< / >< / > CFLX CIBC FLEXIBL< / > 16.10< / > -0.02< / > -0.12< / > 607< / > -4.39< / >< / > DLR-U GLOBAL X US< / > 10.10< / > 0.00< / > 1415< / > -0.39< / >< / > DLR GLOBAL X US D< / > 14.40< / > 0.05< / > 0.35< / > 1457< / > 3.45< / >< / > GDXD BETAPRO CDN< / > 8.97< / > 0.53< / > 6.28< / > 407< / > -45.10< / >< / > HHIS HARVEST DIVE< / > 11.97< / > 0.00< / > 799< / > -2.21< / >< / > HMAX HAMILTON CDN< / > 16.83< / > -0.39< / > -2.26< / > 650< / > 3.95< / >< / > HND BETAPRO NAT
G< / > 20.54< / > -1.30< / > -5.95< / > 1448< / > -45.44< / >< / > HNU BETAPRO NAT G< / > 9.08< / > 0.50< / > 5.83< / > 4105< / > -44.29< / >< / > HOD BETAPRO CRUDE< / > 17.83< / > 0.22< / > 1.25< / > 1224< / > -87.68< / >< / > HOU BETAPRO CRUDE< / > 24.59< / > -0.34< / > -1.36< / > 1055< / > 180.39< / >< / > HXT GLOBAL X SP T< / > 93.72< / > -1.53< / > -1.61< / > 625< / > 12.73< / > | 收盘价< / > 净涨跌< / > 涨跌幅%< / > 成交量 (千股)< / > 年初至今涨跌幅%< / > | MSTE HARVEST STRA< / > 2.73< / > -0.18< / > -6.19< / > 2328< / > -36.51< / >< / > RING GLOBAL X EQL< / > 14.16< / > 0.14< / > 1.00< / > 1637< / > -22.71< / >< / > SQQQ BETAPRO -3X< / > 6.32< / > 0.04< / > 0.64< / > 438< / > -51.90< / >< / > VEQT VANGUARD ALL< / > 62.56< / > -0.46< / > -0.73< / > 425< / > 16.48< / >< / > XEF ISHARES CORE< / > 51.69< / > -0.37< / > -0.71< / > 689< / > 11.57< / >< / > XEG ISHARES SP TS< / > 28.28< / > -0.19< / > -0.67< / > 2732< / > 47.14< / >< / > XEQT ISHARES CORE< / > 45.91< / > -0.29< / > -0.63< / > 858< / > 15.09< / >< / > XIC ISHARES CORE< / > 55.92< / > -0.97< / > -1.71< / > 608< / > 10.62< / >< / > XIU ISHARES SP TS< / > 52.19< / > -0.85< / > -1.60< / > 7783< / > 11.07< / >< / > XSB ISHARES CORE< / > 26.57< / > -0.01< / > -0.04< / > 387< / > -1.48< / >< / > XUT ISHARES SP TS< / > 34.53< / > -0.10< / > -0.29< / > 841< / > 8.21< / >< / > ZEB BMO EQUAL WEI< / > 71.49< / > -1.97< / > -2.68< / > 1523< / > 22.62< / > |
< / > 价格< / > 净涨跌< / > >< / > 黄金< / > 4140.70< / > -46.40< / > 瘦肉猪< / > 76.93< / > -1.00< / > 玉米< / > 502.00< / > -6.00< / >< / > 白银< / > 60.29< / > -1.29< / > 咖啡< / > 292.70< / > -11.75< / > 大豆< / > 1297.50< / > -5.50< / >< / > 天然气< / > 3.20< / > 0.09< / > 铝< / > 3214.25< / > -23.75< / > 油菜籽< / > 810.30< / > -15.50< / >< / > WTI原油< / > 88.28< / > -1.16< / > 香港期货镍 (CNH)< / > 104060.0< / > -240.0< / > 标普500消费者服务< / > 586.30< / > -1.75< / >< / > 布伦特原油< / > 100.58< / > 0.26< / > 小麦< / > 686.50< / > -17.75< / > 饲用小麦< / > 218.25< / > 1.25< / >< / > 高纯度铜< / > 6.65< / > 0.00< / > 实物木材< / > 517.50< / > -7.50< / > 比特币期货< / > 83575.0< / > -2285.0< / > |
黄金、白银 (美元 / 盎司),天然气 (美元 / 百万英热单位),原油 ( / 桶),铜 ( / 磅),咖啡 ( / 磅),铝 ( / 吨),香港期货镍 (人民币-元 / 吨),油菜籽和大麦 (加元 / 吨),饲用小麦 (英镑 / 吨)
道琼斯工业平均指数
过去 12 个月

TSX 52 周最高价
股价 $1 或以上
标普全球 100 指数
过去 12 个月

< / > 收盘价< / > 净涨跌< / > 涨跌幅%< / > 成交量 (千股)< / > 年初至今涨跌幅%< / >< / > ABBV ABBVIE CDR (< / > 37.70< / > 0.67< / > 1.81< / > 2< / > 16.36< / >< / > ALC ALGOMA CENTRA< / > 26.33< / > 2.43< / > 10.17< / > 57< / > 39.31< / >< / > ANET ARISTA NETWO< / > 38.60< / > 0.00< / > 15< / > 61.44< / >< / > BCE-PR-K BCE INC< / > 22.81< / > -0.03< / > -0.13< / > 22< / > 14.05< / >< / > HWO HIGH ARCTIC E< / > 1.17< / > 0.00< / > 9< / > 39.29< / > | 收盘价< / > 净涨跌< / > 涨跌幅%< / > 成交量 (千股)< / > 年初至今涨跌幅%< / > | MGFI MIDDLEFIELD< / > 10.19< / > 0.17< / > 1.70< / > 3< / > 1.70< / >< / > PLTU SAVVYLONG 2X< / > 37.60< / > 0.44< / > 1.18< / > 6< / > 58.12< / >< / > TWM TIDEWATER MID< / > 25.26< / > 0.96< / > 3.95< / > 163< / > 380.23< / >< / > VLE VALEURA ENERG< / > 16.02< / > 0.72< / > 4.71< / > 753< / > 95.84< / > |
TSX 52周低点
股价在 $1 或以上
< / > 收盘价< / > 净涨跌< / > 涨跌幅%< / > 成交量 (千股)< / > 年初至今涨跌幅%< / >< / > INCM-U ACCELERATE< / > 8.79< / > -0.26< / > -2.87< / > < / > -19.14< / >< / > ATS ATS CORPORATI< / > 25.37< / > -0.59< / > -2.27< / > 266< / > -32.90< / >< / > BYD BOYD GROUP SE< / > 109.70< / > 0.09< / > 0.08< / > 108< / > -49.82< / >< / > BGI-UN BROOKFIELD< / > 5.52< / > -0.15< / > -2.65< / > 22< / > -30.57< / >< / > HOM-U BSR REAL ES< / > 10.77< / > 0.07< / > 0.65< / > 6< / > -14.18< / >< / > BTB-UN BTB REIT U< / > 3.58< / > -0.01< / > -0.28< / > 99< / > -12.47< / >< / > BNKR BUNKER HILL< / > 3.35< / > -0.22< / > -6.16< / > 35< / > -59.78< / >< / > CADY CADILLAC
MIN< / > 5.35< / > -0.38< / > -6.63< / > 312< / > -24.44< / >< / > CIGI COLLIERS INT< / > 122.44< / > -2.17< / > -1.74< / > 201< / > -39.31< / >< / > YCM-PR-A COMMERCE< / > 5.14< / > -0.03< / > -0.58< / > 9< / > -0.96< / >< / > EFN ELEMENT FLEET< / > 21.65< / > -0.49< / > -2.21< / > 1636< / > -39.94< / >< / > EFR ENERGY FUELS< / > 14.65< / > -1.32< / > -8.27< / > 1243< / > -26.31< / >< / > FSZ FIERA CAPITAL< / > 4.06< / > -0.07< / > -1.69< / > 225< / > -34.52< / >< / > FC FIRM CAPITAL M< / > 10.63< / > -0.32< / > -2.92< / > 175< / > -9.30< / >< / > ASME HARVEST ASML< / > 12.33< / > -0.26< / > -2.07< / > 3< / > -0.96< / >< / > INTE HARVEST
INTE< / > 11.79< / > -0.04< / > -0.34< / > 1< / > -6.13< / >< / > MUHE HARVEST MICR< / > 12.60< / > 0.60< / > 5.00< / > 50< / > 0.64< / >< / > HRMS HERMES CDR (< / > 14.41< / > -0.14< / > -0.96< / > < / > -40.58< / >< / > LIF LABRADOR IRON< / > 22.30< / > -1.03< / > -4.41< / > 340< / > -25.34< / >< / > LAC LITHIUM AMERI< / > 3.43< / > -0.17< / > -4.72< / > 1334< / > -42.55< / > |
< / > 收盘价< / > 净涨跌< / > 涨跌幅%< / > 成交量 (千股)< / > 年初至今涨跌幅%< / >< / > LULU LULULEMON CD< / > 3.96< / > -0.09< / > -2.22< / > 511< / > -56.67< / >< / > MGEg MACKENZIE GL< / > 20.12< / > -0.14< / > -0.69< / > 10< / > 0.55< / >< / > MMDC MACKENZIE MO< / > 26.69< / > -0.27< / > -1.00< / > 1< / > < / >< / > MFC-PR-B MANULIFE< / > 20.63< / > -0.01< / > -0.05< / > 12< / > -7.16< / >< / > MKP MCAN MORTGAGE< / > 20.24< / > -0.33< / > -1.60< / > 70< / > -9.76< / >< / > BENZ MERCEDES-BEN< / > 16.64< / > -0.35< / > -2.06< / > < / > -33.07< / >< / > MAGF MIDDLEFIELD< / > 10.01< / > -0.01< / > -0.10< / > 3< / > -0.10< / >< / > MRG-UN MORGUARD
14.46 | -0.13< / > -0.89< / > 17< / > -16.75< / > | MTY MTY FOOD GROU< / > 30.78< / > -0.64< / > -2.04< / > 91< / > -19.25< / >< / > NRR-UN NORTHVIEW< / > 14.10< / > -0.24< / > -1.67< / > 7< / > -12.69< / >< / > PVPS-PR-M PARTNERS< / > 25.01< / > -0.07< / > -0.28< / > 7< / > -3.17< / >< / > PEP 百事可乐 (CA< / > 18.27< / > -0.33< / > -1.77< / > 83< / > -15.46< / >< / > RS 房地产专项< / > 8.48< / > -0.10< / > -1.17< / > 35< / > -7.02< / >< / > SHPD SAVVYSHORT -< / > 4.41< / > -0.16< / > -3.50< / > 13< / > -63.76< / >< / > STN STANTEC INC< / > 95.18< / > -0.91< / > -0.95< / > 556< / > -26.51< / >< / > SJ STELLA JONES
I< / > 64.26< / > -0.62< / > -0.96< / > 206< / > -24.52< / >< / > SXP SUPREMEX INC.< / > 3.02< / > -0.04< / > -1.31< / > 95< / > -17.71< / >< / > TF TIMBERCREEK FI< / > 5.11< / > -0.19< / > -3.58< / > 339< / > -25.29< / >< / > TNT-UN TRUE NORTH< / > 7.52< / > -0.03< / > -0.40< / > 13< / > -15.12< / >< / > WDC 西部数字< / > 24.61< / > -0.43< / > -1.72< / > 123< / > -12.70< / > |
多伦多证券交易所综合指数

来源:BARCHART
2026年10月7日
< / > 收盘价< / > 净变化< / > % 变化< / > 成交量 (千股)< / > 年初至今 % 变化< / >< / > JWEL JAMIESON WEL< / > 45.45< / > 0.00< / > 139< / > 35.07< / >< / > KNT K92 MINING IN< / > 27.80< / > -0.13< / > -0.47< / > 816< / > 22.52< / >< / > KEL KELT EXPLORAT< / > 10.82< / > -0.03< / > -0.28< / > 903< / > 41.07< / >< / > KEY KEYERA CORP< / > 52.32< / > -0.70< / > -1.32< / > 749< / > 18.91< / >< / > KMP-UN KILLAM APA< / > 17.16< / > -0.28< / > -1.61< / > 253< / > 4.63< / >< / > KXS KINAXIS INC< / > 175.74< / > 1.54< / > 0.88< / > 65< / > 1.54< / >< / > K 金罗斯黄金公司< / > 33.04< / > -0.84< / > -2.48< / > 3399< / > -14.54< / >< / > LIF LABRADOR
IRON< / > 22.30< / > -1.03< / > -4.41< / > 340< / > -25.34< / >< / > LB LAURENTIAN BAN< / > 40.38< / > 0.07< / > 0.17< / > 201< / > 0.20< / >< / > LSPD LIGHTSPEED C< / > 14.60< / > 0.16< / > 1.11< / > 480< / > -11.84< / >< / > LNR LINAMAR CORP< / > 96.71< / > -1.81< / > 155< / > 16.57< / >< / > LAC LITHIUM AMERI< / > 3.43< / > -0.17< / > -4.72< / > 1334< / > -42.55< / >< / > L LOBLAW CO< / > 62.22< / > 0.81< / > 1.32< / > 1087< / > 0.27< / >< / > LUG LUNDIN GOLD I< / > 85.01< / > -1.63< / > -1.88< / > 522< / > -25.44< / >< / > LUN LUNDIN MINING< / > 33.93< / > -1.05< / > -3.00< / > 1570< / > 15.02< / >< / > MG MAGNA
INTERNAT< / > 92.62< / > -0.68< / > -0.73< / > 478< / > 26.58< / >< / > MFC 宏利金融< / > 59.51< / > -1.53< / > -2.51< / > 6067< / > 19.40< / >< / > MFI MAPLE LEAF FO< / > 24.50< / > 0.00< / > 386< / > -1.72< / >< / > MDA MDA SPACE LTD< / > 41.34< / > -1.57< / > -3.66< / > 972< / > 55.18< / >< / > MX METHANEX CORP< / > 86.28< / > -0.27< / > -0.31< / > 193< / > 58.49< / >< / > MRU METRO INC< / > 89.51< / > 0.53< / > 0.60< / > 517< / > -9.39< / >< / > MAU MONTAGE GOLD< / > 17.31< / > -0.37< / > -2.09< / > 795< / > 75.20< / >< / > MTL MULLEN GROUP< / > 26.72< / > -0.28< / > -1.04< / > 324< / > 69.76< / >< / > NA NATIONAL
BANK | 198.70< / > -5.52< / > -2.70< / > 1088< / > 15.11< / > | NXE NEXGEN ENERGY< / > 12.81< / > -0.60< / > -4.47< / > 1674< / > 1.43< / >< / > NFI NFI GROUP INC< / > 25.11< / > 0.08< / > 0.32< / > 185< / > 61.79< / >< / > NGEX NGEX MINERAL< / > 23.73< / > -1.12< / > -4.51< / > 143< / > -7.30< / >< / > NPI NORTHLAND POW< / > 22.06< / > -1.13< / > -4.87< / > 1536< / > 23.59< / >< / > NG NOVAGOLD RES I< / > 9.06< / > -0.35< / > -3.72< / > 813< / > -29.22< / >< / > NTR NUTRIEN LTD< / > 99.83< / > -1.52< / > -1.50< / > 1299< / > 17.84< / >< / > OR OR ROYALTIES I< / > 48.32< / > -0.68< / > -1.39< / > 150< / > -0.62< / >< / > OGC OCEANAGOLD
CO< / > 37.68< / > -0.40< / > -1.05< / > 614< / > -3.14< / >< / > ONEX ONEX CORPORA< / > 103.39< / > -1.57< / > -1.50< / > 85< / > -8.47< / >< / > OTEX OPEN TEXT CO< / > 33.00< / > 0.70< / > 2.17< / > 862< / > -26.17< / >< / > PAAS PAN AMERICAN< / > 63.22< / > -2.12< / > -3.24< / > 626< / > -11.16< / >< / > POU PARAMOUNT RES< / > 31.46< / > 0.22< / > 0.70< / > 276< / > 30.05< / >< / > PXT PAREX RESOURC< / > 27.42< / > -0.09< / > -0.33< / > 359< / > 48.62< / >< / > PPL PEMBINA PIPEL< / > 65.58< / > -0.79< / > -1.19< / > 1900< / > 25.42< / >< / > PPTA PERPETUA RES< / > 28.47< / > -0.86< / > -2.93< / > 62< / > -14.32< / >< / > PEY PEYTO
EXPLORA< / > 23.82< / > -0.01< / > -0.04< / > 594< / > 4.89< / >< / > POW POWER CORPORA< / > 87.69< / > -1.55< / > -1.74< / > 1571< / > 20.21< / >< / > PSK PRAIRIESKY RO< / > 33.16< / > -0.15< / > -0.45< / > 327< / > 22.68< / >< / > PBH PREMIUM BRAND< / > 70.38< / > -0.13< / > -0.18< / > 217< / > -30.80< / >< / > PMZ-UN PRIMARIS R< / > 21.75< / > 0.06< / > 0.28< / > 401< / > 39.51< / >< / > QBR-B QUEBECOR IN< / > 64.41< / > -0.40< / > -0.62< / > 916< / > 24.58< / >< / > RBA RB GLOBAL INC< / > 114.69< / > -0.39< / > -0.34< / > 233< / > -18.84< / >< / > QSR RESTAURANT BR< / > 99.07< / > -0.85< / > 539< / > 5.78< / >< / > RCH RICHELIEU
HAR< / > 34.68< / > -0.69< / > -1.95< / > 98< / > -12.34< / >< / > REI-UN RIOCAN REA< / > 20.39< / > 0.01< / > 0.05< / > 887< / > 9.04< / >< / > RCI-B ROGERS COMM< / > 43.77< / > 0.39< / > 0.90< / > 2404< / > -15.52< / >< / > RY ROYAL BANK OF< / > 272.82< / > -6.37< / > -2.28< / > 2204< / > 16.59< / >< / > RUS RUSSEL METALS< / > 88.27< / > -2.24< / > -2.47< / > 302< / > 101.53< / >< / > SAP SAPUTO INC.< / > 38.51< / > 0.68< / > 1.80< / > 590< / > -6.78< / >< / > SEA SEABRIDGE GOL< / > 38.00< / > -1.07< / > -2.74< / > 62< / > -6.61< / >< / > SHOP SHOPIFY INC< / > 236.59< / > 2.86< / > 1.22< / > 1969< / > 7.05< / > | 收盘价< / > 净涨跌< / > 涨跌幅%< / > 成交量 (千股)< / > 年初至今涨跌幅%< / > | SIA SIENNA SENIOR< / > 19.33< / > -0.10< / > -0.51< / > 534< / > -5.38< / >< / > SVM SILVERCORP ME< / > 14.34< / > -0.59< / > -3.95< / > 393< / > 24.91< / >< / > SKE SKEENA RESOUR< / > 43.48< / > -1.14< / > -2.55< / > 373< / > 33.37< / >< / > SRU-UN SMARTCENTR< / > 26.19< / > -0.13< / > -0.49< / > 212< / > 1.71< / >< / > SGD SNOWLINE GOLD< / > 15.10< / > -1.10< / > -6.79< / > 345< / > -13.02< / >< / > SOBO SOUTH BOW CO< / > 47.58< / > -1.07< / > -2.29< / > 342< / > 26.04< / >< / > SXGC SOUTHERN CRO< / > 10.64< / > -0.36< / > -3.27< / > 389< / > 0.47< / >< / > SDE SPARTAN
DELTA< / > 13.35< / > -0.02< / > -0.15< / > 548< / > 84.14< / >< / > SII SPROTT INC.< / > 164.03< / > -5.96< / > -3.51< / > 22< / > 22.01< / >< / > SSRM SSR MINING I< / > 46.71< / > -1.97< / > -4.05< / > 216< / > 55.23< / >< / > STN STANTEC INC< / > 95.18< / > -0.91< / > -0.75< / > 556< / > -26.51< / >< / > SJ STELLA JONES I< / > 64.26< / > -0.62< / > -0.96< / > 206< / > -24.52< / >< / > SCR STRATHCONA RE< / > 39.90< / > -0.30< / > -0.75< / > 573< / > 40.84< / >< / > SLF SUN LIFE FINA< / > 108.21< / > -2.27< / > -2.05< / > 1372< / > 26.30< / >< / > SU SUNCOR ENERGY< / > 97.26< / > 0.21< / > 0.22< / > 2309< / > 59.65< / >< / > SPB SUPERIOR
PLUS< / > 7.00< / > -0.12< / > -1.69< / > 458< / > -0.57< / >< / > TRP TC ENERGY COR< / > 84.00< / > -1.57< / > -1.83< / > 4091< / > 11.14< / >< / > X TMX GROUP LIMIT< / > 51.70< / > -0.73< / > -1.39< / > 384< / > -1.01< / >< / > TVE TAMARACK VALL< / > 13.31< / > 0.00< / > 2045< / > 66.79< / >< / > TECK-B TECK RESOU< / > 93.26< / > -2.12< / > -2.22< / > 966< / > 41.93< / >< / > T TELUS CORPORATI< / > 11.34< / > 0.15< / > 1.34< / > 9439< / > -37.31< / >< / > TVK TERRAVEST IND< / > 110.87< / > -0.63< / > -0.57< / > 40< / > -32.61< / >< / > TFII TFI INTERNAT< / > 160.32< / > -1.48< / > -0.91< / > 514< / > 13.00< / >< / > NWC THE NORTH
WES< / > 54.39< / > 0.26< / > 0.48< / > 136< / > 11.20< / >< / > TRI THOMSON REUTE< / > 141.76< / > 2.28< / > 1.63< / > 488< / > -21.74< / >< / > TPZ TOPAZ ENERGY< / > 28.11< / > -0.39< / > -1.37< / > 368< / > 2.07< / >< / > TXG TOREX GOLD RE< / > 71.15< / > -2.11< / > -2.88< / > 672< / > 8.56< / >< / > TIH TOROMONT IND< / > 217.00< / > -13.13< / > -5.71< / > 379< / > 30.68< / >< / > TORONTO-DOMINI< / > 162.43< / > -5.63< / > -3.35< / > 12696< / > 25.56< / >< / > TOU TOURMALINE OI< / > 62.56< / > -0.35< / > -0.56< / > 1597< / > 1.61< / >< / > TA TRANSALTA CORP< / > 18.36< / > -0.27< / > -1.45< / > 1364< / > 5.76< / >< / > TKO TREKOR
METALS | 12.15< / > -0.38< / > -3.03< / > 1031< / > 56.37< / > | TFPM TRIPLE FLAG< / > 42.96< / > -0.68< / > -1.56< / > 107< / > -5.81< / >< / > TSU TRISURA GROUP< / > 40.57< / > -0.37< / > -0.90< / > 40< / > -5.03< / >< / > VET VERMILION ENE< / > 16.46< / > -0.05< / > -0.30< / > 691< / > 44.13< / >< / > VZLA VIZSLA SILVE< / > 4.88< / > -0.13< / > -2.59< / > 990< / > -35.11< / >< / > WSP WSP GLOBAL IN< / > 162.45< / > -4.67< / > -2.79< / > 592< / > -34.63< / >< / > WCN WASTE CONNECT< / > 221.28< / > 1.59< / > 0.72< / > 306< / > -8.08< / >< / > WDO WESDOME GOLD< / > 33.07< / > -1.38< / > -4.01< / > 838< / > 45.43< / >< / > WFG WEST FRASER
T< / > 90.22< / > 0.28< / > 0.31< / > 245< / > 7.44< / >< / > WN WESTON GEORGE< / > 100.50< / > 0.77< / > 354< / > 6.14< / >< / > WPM WHEATON PRECI< / > 190.40< / > -5.29< / > -2.70< / > 666< / > 18.00< / >< / > WCP WHITECAP RESO< / > 18.08< / > -0.14< / > -0.77< / > 4647< / > 57.22< / > |
加拿大债券
期限< / > 收益率< / > 涨跌< / >< / > 2-YEAR< / > 3.24< / > 0.00< / >< / > 5-YEAR< / > 3.61< / > 0.02< / >< / > 10-YEAR< / > 3.95< / > 0.02< / >< / > 30-YEAR< / > 4.32< / > 0.02< / >< / > 利率< / > 利率< / > 涨跌< / >< / > 加拿大银行隔夜目标利率< / > 2.25< / > 持平< / >< / > 加拿大基准利率< / > 4.45< / > 持平< / >< / > | 来源:电讯< / > |
货币
外汇交叉汇率
1.0720< / > 0.9083< / > 189.68< / > -< / > |
期限< / > 收益率< / > 涨跌< / >< / > 2-YEAR TREASURY< / > 4.77< / > -0.02< / >< / > 5-YEAR TREASURY< / > 5.03< / > 0.00< / >< / > 10-YEAR TREASURY< / > 5.28< / > 0.01< / >< / > 30-YEAR TREASURY< / > 5.67< / > 0.03< / > |
加拿大元 \$0.7012 -0.0156 (-2.1790%)
截至下午 4:45 P.M. 的过去一年数据
利率< / > 利率< / > 涨跌< / >< / > 美联储目标利率< / > 3.75-4.00< / > 持平< / >< / > 美国基准利率< / > 7.00< / > 持平< / >< / > | 来源:电讯< / > |

数据由 BARCHART 提供,除非另有说明
2026年10月7日 \$0.7012

PIXELONESTOCKER/GETTY IMAGES
'Housing is the single line most likely to make or break a Canadian retirement,' expert says
BARBARA BALFOUR
ANALYSIS
For decades, a central assumption of retirement planning was to pay off the mortgage before leaving the work force, eliminating one of the largest monthly expenses.
But for a growing number of Canadians, that no longer applies. Older renters can face housing costs that rise throughout retirement, while homeowners entering their later years with mortgages, lines of credit, condo fees or expensive repairs are discovering that owning a property doesn't necessarily mean inexpensive housing.
Advisers say that means treating housing as a central part of retirement planning rather than an expense that will eventually take care of itself.
“Housing is the single line most likely to make or break a Canadian retirement, and it’s the one most standard plans treat as an afterthought,” says Stefanie Ricchio, an independent chartered professional accountant and financial coach in Bolton, Ont.
The divide is no longer simply between people who own and those who rent, she says. It's between retirees whose housing costs and assets have been realistically incorporated into their financial plans and those relying on assumptions inherited from a different housing market.
“Security now comes from flexibility and liquidity, not tenure,” Ms. Ricchio says. “Owners need to stop treating a paid-off home as ‘free’ and start treating equity as a plannable asset.”
Ms. Ricchio recalls a retired client whose long-time rent fit comfortably within her budget until she had to leave her unit.
When she looked for another apartment in the same area, rents had risen so substantially that her Canada Pension Plan and Old Age Security benefits could no longer support remaining in the city without drawing considerably more from her registered retirement income fund.
"The discussion became more about how to make her savings last until the end of her life versus trying to force herself to stay in the city she could no longer afford to be in," Ms. Ricchio says.
John Panago, a financial planner in Vancouver, has seen the same arithmetic. One client considering a move from an older, rent-protected apartment charging about \$1,600 a month discovered a newer unit would cost \$2,250 a month, an increase of \$7,800 annually.
“This adds to the monthly retirement expense, which can take away from vacations and entertainment budgets,” Mr. Panago says.
To address those possibilities, Ms. Ricchio builds her clients' retirement plans differently from the outset. A lifelong renter may need a larger liquid portfolio, an explicit assumption for annual rent increases and greater attention to guaranteed income, she says.
She might also use a more conservative withdrawal rate and preserve tax-free savings account assets as a buffer against higher housing expenses later in life.
Meanwhile, a mortgage-free homeowner possesses something the renter doesn't: an asset that can potentially be sold, downsized or borrowed against.
Ms. Ricchio describes two 66-year-old clients with similar careers and roughly \$400,000 each in savings. One owned a paid-off house and was able to downsize, releasing six figures of equity into the retirement plan. The other paid \$2,400 a month in rent.
“Same savings, completely different sustainability,” she says. “The owner’s home was a second, hidden pension.”
That doesn't mean home ownership automatically leads to a safer retirement.
Case in point: Fazaad Bacchus, a financial adviser with Desjardins Financial Security Independent Network in Mississauga, worked with a retired condo owner who was unexpectedly handed a roughly \$40,000 special assessment for replacement windows, payable over five years. She had to increase withdrawals from her retirement savings to cover it.
Another client had retired from her full-time career as a massage therapist and continued working part-time. She and her spouse had borrowed against their home to renovate when interest rates were low. As interest rates increased, their interest costs almost doubled.
"As a result, she was forced to return to full-time work to help meet the increased monthly payments, delaying the retirement lifestyle she had originally planned," Mr. Bacchus says.
Homeowners still need to budget for property taxes, insurance, maintenance, condo or strata fees and major repairs, says Vicki Chatterley, senior wealth adviser with Inspire Wealth Management at Raymond James Ltd. in Delta, B.C. As clients age, they may also have to pay for cleaning, yard work, transportation and home maintenance.
"The key consideration is cash flow, not simply whether someone rents, has a mortgage or owns a mortgage-free home," Ms. Chatterley says.
Selling a home and becoming a renter can sometimes improve a retiree's position. She points to two clients: one who remained in a mortgaged home while the other sold, invested the proceeds and rented.
The homeowner benefited from appreciation but continued paying ownership expenses. The renter benefited from investment growth and used some of the proceeds for travel and other retirement goals.
“By converting home equity earlier, the renter gained greater liquidity and lifestyle flexibility,” she says.
Housing decisions can become particularly consequential after divorce or the death of a spouse, when expenses that were previously supported by two incomes suddenly fall on one person.
Ms. Chatterley encourages clients to begin thinking about housing well before circumstances force their hand.
Planning a move before the age of 80 can be a useful benchmark, she says, because waiting for a health or mobility crisis can reduce the choices drastically.
Special to The Globe and Mail

[ 道奇队 VS. 勇士队 ]
青少年球员 Hunter 有望成为加拿大的下一位足球之星 ■ B13
狮子队和印记队需要获胜才能获得季后赛席位 ■ B14

JAMIE McGEEVER ORLANDO
OPINION
There is a conundrum at the heart of U.S. financial markets right now, it seems. Bond market fears are reaching fever pitch, catapulting Treasury yields to their highest levels in at least 20 years, yet the Nasdaq and S&P 500 are hitting record peaks. What gives?
Investors could be forgiven for doing a double take. Boosted by the frenzied optimism around the AI-driven corporate profit outlook, the S&P 500 is up around 15 per cent and the Nasdaq is up almost 20 per cent this calendar year, even though the benchmark 10-year yield has spiked 120 basis points and the yield on ultralong U.S. bonds is at a 24-year high.
Soaring borrowing costs and a higher discount rate are typically red flags for stocks. Indeed, history shows that the rising cost of money almost always plays a significant role in severe economic and financial downturns, recessions, and market crashes. So equity investors have reason to be very cautious, especially given the market's historic concentration in a handful of artificial intelligence and tech stocks.
But it's important to ask why bond yields are spiking.
The last time yields moved this much was in 2022 when the Federal Reserve cranked up interest rates aggressively to tackle the postlockdown inflation whoosh that was then amplified by Russia's invasion of Ukraine. The 10-year yield leaped an eye-popping 235 basis points that year, and the S&P 500 slumped 20 per cent.
Back then, sky-high inflation was the big concern.
That doesn't appear to be the case this time around, although inflation is still above target. If Treasuries were being trounced primarily because of inflation indignation or even fiscal fears, one might expect to see a steeper yield curve and a spike in market-based inflation expectations. Neither has materialized. Break-even inflation rates on five- and 10-year Treasury Inflation-Protected Securities (TIPS) are comfortably below their peaks from May, and the difference between short- and longer-dated yields has shrunk across most parts of the curve this year. Instead, the primary driver of the rise in bond yields appears to be inflation-adjusted “real” yields, a sign that investors are pricing in strong real growth.
As Cullen Roche, founder and CIO at Discipline Funds, put it, "The bond vigilantes keep showing up expecting a funeral, but it turns out they walked into a growth party."
And if bond yields continue to remain elevated because of robust growth projections and not spiking inflation expectations or other risks, Wall Street could keep on dancing.
The divergence between Wall Street and Treasuries is so extreme that many fund managers say it is time to buy bonds. According to Bank of America, the 10-year rolling return for Treasuries with a maturity of 15 years or more fell to negative 2 per cent last month. That's the worst return in more than a century.
And right now, investors can lock in real, inflation-adjusted yields of nearly 3 per cent over the next decade, and 3.5 per cent over the next three decades. These are generationally high, essentially guaranteed rates of return.
Will this pull capital away from equities? Perhaps, but investors seeking to build a more balanced portfolio may not have better opportunities to do so.
One major threat remains for both bonds and stocks: the term premium. That's the amorphous degree of extra risk compensation bond buyers demand for buying longer-term debt instead of short-term paper. Sharp, upward spikes in the term premium suggest factors other than growth and inflation, such as doubts around central bank credibility or debt debasement fears, are driving yields higher.
The 10-year U.S. term premium this week has snapped to a new 12-year high of 96 basis points, according to the New York Fed's closely watched Adrian, Crump, and Moench (ACM) model.
It's never clear what is driving the term premium at any particular time, or the ripple effect it will have across markets. But if it continues rising, Wall Street's party could soon be over.
REUTERS
周三在亚特兰大 Truist Park 举行的国家联盟分区系列赛第 4 场比赛中,洛杉矶道奇队外野手 Andy Pages 在击出针对亚特兰大勇士队的两分单打后做出反应。道奇队以 4-1 获胜,以系列赛 3-1 的比分锁定胜局并晋级国联冠军赛 (NLCS)。欲了解更多 MLB 季后赛报道,请访问 ■ GLOBESPORTS.COM
KEVIN C. COX / GETTY IMAGES
Canada's benchmark stock index fell the most in four months on Wednesday as investors weighed elevated bond yields and trade uncertainty, with financial and metal mining shares leading declines.
The S&P/TSX Composite Index ended down 607.65 points, or 1.7 per cent, at 35,041.86, its steepest decline since June 5 and the lowest closing level in two-and-a-half months. Wall Street also closed lower after both the S&P 500 and Nasdaq reached record highs on Tuesday.
The U.S. 10-year benchmark, a global benchmark for long-term borrowing costs, touched a fresh 24-year high before clawing back some of their increase on a strong auction of new bonds. By late afternoon, yields on both the U.S. 10-year and the Canada 10-year bond were up a modest 1 to 2 basis points.
The TSX materials sector declined 2.9 per cent as gold dropped to a two-month low. A stronger U.S. dollar, along with elevated U.S. Treasury yields, reduced the appeal of the non-yielding metal.
Heavily weighted financials were down 2.3 per cent as major bank stocks posted declines. It included a 3.3-per-cent drop for the shares of Toronto-Dominion Bank.
U.S. President Donald Trump said Wednesday that Canada has been difficult to deal with as his administration seeks to reach a new trade agreement with Ottawa.
"As this tariff uncertainty continues, you're going to see more and more downward pressure materialize for consumers and businesses and that's going to weigh down on financials," said Michael Dehal, a senior portfolio manager at Dehal Investment Partners at Raymond James.
Industrials lost 1.65 per cent and energy ended 0.75 per cent lower.
US crude oil futures settled down 1.3 per cent at US\$88.28 a barrel after the International Energy Agency agreed to speed up a release of oil stocks and prioritize diesel in a bid to curb record-high fuel prices as the Iran war squeezes global supplies. Iran war-related supply concerns have led to soaring oil prices, which in turn have revived inflation worries and raised the chances of a prolonged central bank rate hiking cycle. Those concerns, combined with mounting corporate and sovereign debt levels, have caused a global bond selloff.
REUTERS, GLOBE STAFF
EYE ON EQUITIES DAVID LEEDER

CANADIAN NAT'L RAIL. (CNI-NYSE)
CLOSE US\$115.75, DOWN \$2.66
Citi analyst Ariel Rosa thinks recent share price declines across North America's transportation industry have “created a more favorable risk-reward set-up” heading into third-quarter earnings season. While he warns macro risks, including higher fuel prices and rising interest rates, will likely “keep many investors cautious,” he emphasizes companies across his coverage have “sounded generally positive.”
Target: Mr. Rosa lowered his Canadian National Railway Co. target to US\$143 from US\$151 with a "buy" rating. Consensus is US\$138.68.

CANADIAN UTILITIES (CU-TSX)
CLOSE \$49.85, DOWN 35¢
TD Cowen analyst John Mould thinks Canadian Utilities Ltd.'s \$14.3-billion combination with Emera Inc. provides its shareholders with "ownership in a larger, more diversified utility platform with meaningful exposure to both Florida and Alberta, which are amongst North America's most attractive utility jurisdictions."
Target: He moved his rating for Canadian Utilities to “buy” from “hold” previously with a \$57 target, up from \$52. Consensus is \$54.33.

SOURCE: BARCHART
BCE (BCE-TSX)
CLOSE \$28.19, UP 16¢
Desjardins Securities analyst Jerome Dubreuil expects third-quarter results from Canadian telecommunications companies to “reflect the continued impact from low population growth, strong competitive intensity and slight pressure on activation fees due to a CRTC decision”
Target: Calling BCE Inc. “a catalyst-rich data centre story,” Mr. Dubreuil trimmed his target for its shares to \$41 from \$43, keeping a “buy” rating. Consensus is \$37.30.
ATHABASCA OIL (ATH-TSX)
CLOSE \$12.27, UP 4¢

MAPLE LEAF FOODS (MFI-TSX)
CLOSE \$24.50, UNCHANGED
National Bank Financial analyst Dan Payne sees Athabasca Oil Corp.'s \$5.7-billion cash and stock deal to be acquired by Cenovus Energy Inc. as a "a strong culmination of value creation by the ATH team, with solid metrics and premium, a reflection of the significance of execution throughout the cycle in establishing a large, scalable resource with upside."
Target: He moved Athabasca to "tender" from "outperform" and reduced his target to \$12 from \$13.75. Consensus is \$12.81.

Desjardins Securities analyst Chris Li thinks the 11-per-cent drop in share price endured by Maple Leaf Foods Inc. since the release of its second-quarter results in mid-August “is too punitive,” expecting it “to carve a path to delivering a strong end to the year as volumes begin to recover in Prepared Foods.”
Target: Reaffirming his “buy” rating, Mr. Li trimmed his target to \$36 from \$39. Consensus is \$35.90.
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PAST 12 MONTHS

TSX VOLUME
TOP 20 FOR STOCKS \$1 OR MORE | CLOSE | NET CHG | % CHG | VOL 000s | YTD %CHG | TSX COMPOSITE IND | 35041.86 | -607.65 | -1.70 | 250729 | 10.50 | TSX 60 INDEX | 2064.92 | -34.14 | -1.63 | 119740 | 11.02 | TSX COMPLETION IN | 2255.14 | -46.56 | -2.02 | 130988 | 8.44 | TSX SMALLCAP INDE | 1411.46 | -26.07 | -1.81 | 92024 | 17.96 | TSX VENTURE COMPO | 877.17 | -12.95 | -1.45 | 51548 | -11.19 | TSX CONSUMER DISC | 381.01 | -1.81 | -0.47 | 3692 | -0.42 | TSX CONSUMER STAP | 1226.52 | 8.79 | 0.72 | 5121 | -0.94 | TSX ENERGY CAPPED | 442.67 | -3.34 | -0.75 | 50946 | 47.35 | TSX FINANCIALS CA | 717.81 | -16.89 | -2.30 | 39061 | 14.39 | TSX HEALTH CARE C | 21.92 | 0.21 | 0.97 | 2284 | 0.09 | TSX INDUSTRIALS C | 484.35 | -8.15 | -1.65 | 16573 | 3.72 | TSX INFORMATION T | 347.10 | -4.34 | -1.23 | 10364 | 6.28 | TSX MATERIALS CAP | 805.86 | -23.86 | -2.88 | 60304 | 7.49 | TSX REAL ESTATE C | 289.54 | -1.66 | -0.57 | 7147 | -8.48 | TSX GLOBAL GOLD I | 863.91 | -26.53 | -2.98 | 118842 | 5.73 | TSX GLOBAL MINING | 239.06 | -6.72 | -2.73 | 311996 | 14.05 | TSX INCOME TRUST | 227.89 | 0.12 | 0.05 | 8313 | 3.48 | TSX PREFERRED SHA | 699.14 | 2.47 | 0.35 | 1836 | 0.42 | TSX COMMUNICATION | 134.84 | 0.76 | 0.57 | 18153 | -14.04 | TSX UTILITIES CAP | 381.86 | -1.01 | -0.26 | 18488 | 8.39 | CLOSE | NET CHG | % CHG | VOL 000s | YTD %CHG | TD TORONTO-DOMINI | 162.43 | -5.63 | -3.35 | 12696 | 25.56 | ATH ATHABASCA OIL | 12.27 | 0.04 | 0.33 | 11754 | 74.54 | T TELLUS CORPORATI | 11.34 | 0.15 | 1.34 | 9439 | -37.31 | XIU ISHARES SP TS | 52.19 | -0.85 | -1.60 | 7783 | 11.07 | CVE CENOVUS ENERG | 43.67 | -0.79 | -1.78 | 7224 | 88.07 | CNQ CDN NATURAL R | 67.80 | -0.68 | -0.99 | 7193 | 45.84 | MFC MANULIFE FIN | 59.51 | -1.53 | -2.51 | 6067 | 19.40 | BB BLACKBERRY LIM | 12.51 | -1.14 | -8.35 | 5092 | 141.51 | BCE BCE INC. | 28.19 | 0.16 | 0.57 | 5057 | -13.90 | BTE BAYTEX ENERGY | 6.54 | -0.14 | -2.10 | 4879 | 47.30 | WCP WHITECAP RESO | 18.08 | -0.14 | -0.77 | 4647 | 57.22 | ENB ENBRIDGE INC | 65.43 | -0.77 | -1.16 | 4351 | -0.38 | HNU BETAPRO NAT G | 9.08 | 0.50 | 5.83 | 4105 | -44.29 | TRP TC ENERGY COR | 84.00 | -1.57 | -1.83 | 4091 | 11.14 | EMA EMERA INCORPO | 65.36 | -0.95 | -1.43 | 3942 | -3.37 | IVN IVANHOE MINES | 11.61 | -0.30 | -2.52 | 3761 | -25.62 | BNS BANK OF NOVA | 124.29 | -3.95 | -3.08 | 3555 | 22.78 | K KINROSS GOLD CO | 33.04 | -0.84 | -2.48 | 3399 | -14.54 | DML DENISON MINES | 3.66 | -0.21 | -5.43 | 3287 | 0.55 | AQN ALGONQUIN POW | 7.23 | 0.02 | 0.28 | 3030 | -14.34 | TSX GAINERS
TOP 20 FOR STOCKS \$1 OR MORE | CLOSE | NET CHG | % CHG | VOL 000s | YTD %CHG | COID SAVVYSHORT - | 4.15 | 0.54 | 14.96 | 5 | -72.80 | MSTZ SAVVYSHORT - | 1.95 | 0.24 | 14.04 | 52 | -90.99 | DND DYE AND DURHA | 1.32 | 0.13 | 10.92 | 590 | -68.35 | ALC ALGOMA CENTRA | 26.33 | 2.43 | 10.17 | 57 | 39.31 | RUA RUA GOLD INC | 1.45 | 0.12 | 9.02 | 71 | 16.00 | CGMD MEGASHORT -3 | 6.19 | 0.48 | 8.41 | 15 | -70.10 | MUU SAVVYLONG 2X | 18.99 | 1.40 | 7.96 | 472 | -15.60 | CMCX-B CI GALAXY | 18.21 | 1.31 | 7.75 | 1 | 15.11 | RM ROXMORE RESOUR | 5.35 | 0.35 | 7.00 | 539 | 148.84 | GDXD BETAPRO CDN | 8.97 | 0.53 | 6.28 | 407 | -45.10 | SLVD BETAPRO SILV | 36.03 | 2.11 | 6.22 | 41 | -47.39 | GASU SAVVYLONG GE | 6.35 | 0.35 | 5.83 | 12 | -43.05 | HNU BETAPRO NAT G | 9.08 | 0.50 | 5.83 | 4105 | -44.29 | GIAI GUARDIAN I3 | 24.48 | 1.33 | 5.75 | 6 | 26.32 | CSCI COSCIENS BIO | 9.18 | 0.48 | 5.52 | 1 | 7.75 | ECO ECOSYNTHETIX | 1.86 | 0.09 | 5.08 | 11 | -53.50 | MUHE HARVEST MICR | 12.60 | 0.60 | 5.00 | 50 | 0.64 | KITS KITS EYECARE | 17.50 | 0.80 | 4.79 | 187 | -4.53 | VLE VALEURA ENERG | 16.02 | 0.72 | 4.71 | 753 | 95.84 | CFOD BETAPRO SP T | 12.26 | 0.53 | 4.52 | 31 | -28.01 | TSX LOSERS
TOP 20 FOR STOCKS \$1 OR MORE | CLOSE | NET CHG | % CHG | VOL 000s | YTD %CHG | MSTU SAVVYLONG 2X | 39.60 | -6.14 | -13.42 | 242 | -52.63 | XNDU XANADU QUANT | 6.41 | -0.80 | -11.10 | 1077 | -60.01 | CBCX CI HAXABY BL | 43.11 | -4.74 | -9.91 | 3.88 | CGMU MEGALONG 3X | 7.87 | -0.82 | -9.44 | 295 | -47.20 | VGC VALOR GOLD CO | 2.72 | -0.28 | -9.33 | 220 | -63.24 | WJX WAJAX CORPORA | 35.98 | -3.62 | -9.14 | 129 | 32.09 | FVI FORTUNA MININ | 14.44 | -1.44 | -9.07 | 1711 | 7.36 | COIU SAVVYLONG 2X | 23.79 | -2.29 | -8.78 | 1 | -63.51 | NDM NORTHERN DYNA | 1.69 | -0.16 | -8.65 | 872 | -37.41 | BB BLACKBERRY LIM | 12.51 | -1.14 | -8.35 | 5092 | 141.51 | BNKU MEGALONG 3X | 18.83 | -1.70 | -8.28 | 25 | 67.38 | EFR ENERGY FUELS | 14.65 | -1.32 | -8.27 | 1243 | -26.31 | CCOU SAVVYLONG 2X | 16.14 | -1.45 | -8.24 | 7 | -24.15 | IAU I 80 GOLD COR | 2.12 | -0.18 | -7.83 | 1313 | 4.95 | MAI MINING AMERIC | 5.00 | -0.39 | -7.24 | 425 | -5.66 | HSTR | 2.32 | -0.18 | -7.20 | 599 | HSLV HIGHLANDER S | 6.86 | -0.52 | -7.05 | 877 | 29.19 | GRA NANOXPLORE IN | 1.33 | -0.10 | -6.99 | 326 | -48.05 | EDT SPECTRAL MEDI | 1.08 | -0.08 | -6.90 | 59 | -25.00 | MSTR STRATEGY CDR | 10.42 | -0.77 | -6.88 | 331 | -1.51 | S&P/TSX COMPOSITE INDEX STOCKS
LARGEST STOCKS BY MARKET CAPITALIZATION | CLOSE | NET CHG | % CHG | VOL 000s | YTD %CHG | VNP 5N PLUS INC. | 31.57 | -0.85 | -2.62 | 477 | 78.16 | ABRA ABRASILVER R | 11.47 | -0.52 | -4.34 | 1190 | 7.40 | AAV ADVANTAGE ENE | 10.31 | -0.21 | -2.00 | 730 | -12.18 | ARE AECON GROUP I | 54.11 | -3.34 | -5.81 | 552 | 72.99 | AEM AGNICO EAGLE | 257.21 | -7.39 | -2.79 | 620 | 10.50 | AC AIR CANADA | 25.00 | -0.78 | -3.03 | 2773 | 29.60 | AGI ALAMOS GOLD I | 44.94 | -1.65 | -3.54 | 618 | -15.21 | AQN ALGONQUIN POW | 7.23 | 0.02 | 0.28 | 3030 | -14.34 | ATD ALIMENTATION | 77.11 | -0.05 | -0.06 | 1156 | 2.87 | AAUC ALLIED GOLD | 27.93 | -0.81 | -2.82 | 678 | -11.19 | AP-UN ALLIED PROP | 6.10 | -0.03 | -0.49 | 1128 | -54.38 | ALA ALTAGAS LTD. | 54.40 | -0.12 | -0.22 | 856 | 29.99 | ALS ALTUS MINERA | 64.97 | -1.02 | -1.55 | 179 | 59.08 | AIF ALTUS GROUP L | 44.90 | 0.26 | 0.58 | 106 | -20.83 | USA AMERICAS GOLD | 5.94 | -0.42 | -6.60 | 1684 | -15.62 | ARIS ARIS MINING | 24.28 | -0.82 | -3.27 | 460 | 9.07 | ATZ ARITZIA INC | 123.28 | 2.04 | 1.68 | 776 | 5.05 | ACO-X ATCO LTD. C | 81.91 | 0.89 | 1.10 | 1012 | 45.28 | ATH ATHABASCA OIL | 12.27 | 0.04 | 0.33 | 11754 | 74.54 | ATRL ATKINSREALIS | 85.38 | -2.01 | -2.30 | 543 | -3.63 | ATS ATS CORPORATI | 25.37 | -0.59 | -2.27 | 266 | -32.90 | ASM AVINO SILVER | 7.62 | -0.29 | -3.67 | 449 | -10.77 | AYA AYA GOLD AND | 37.32 | -1.73 | -4.43 | 919 | 90.02 | BTO B2GOLD CORP. | 7.12 | -0.27 | -3.65 | 2875 | 15.21 | BCE BCE INC. | 28.19 | 0.16 | 0.57 | 5057 | -13.90 | BDGI BADGER INFRA | 93.15 | -3.76 | -3.88 | 108 | 27.38 | BMO BANK OF MONTR | 230.72 | -5.48 | -2.32 | 1669 | 29.44 | BNS BANK OF NOVA | 124.29 | -3.95 | -3.08 | 3555 | 22.78 | ABX BARRICK MININ | 55.84 | -2.11 | -3.64 | 2057 | -6.61 | BHC BAUSCH HEALTH | 8.79 | 0.23 | 2.69 | 418 | -7.76 | BTE BAYTEX ENERGY | 6.54 | -0.14 | -2.10 | 4879 | 47.30 | BIR BIRCHCLIFF EN | 6.61 | -0.09 | -1.34 | 1167 | -11.51 | BDT BIRD CONSTRUC | 82.17 | -1.04 | -1.25 | 355 | 188.11 | BB BLACKBERRY LIM | 12.51 | -1.14 | -8.35 | 4614 | 141.51 | BEI-UN BOARDWALK | 60.38 | -0.75 | -1.23 | 38 | -6.36 | BBD-B BOMBARDIER | 299.60 | -4.67 | -1.53 | 136 | 28.31 | BYD BOYD GROUP SE | 109.70 | 0.09 | 0.08 | 108 | -49.82 | BAM BROOKFIELD AS | 63.51 | -0.78 | -1.21 | 1198 | -11.67 | BBUC BROOKFIELD B | 37.03 | -0.09 | -0.24 | 67 | -24.51 | BN BROOKFIELD COR | 52.71 | -0.27 | -0.51 | 2609 | -16.36 | BIP-UN BROOKFIELD | 53.44 | 0.32 | 0.60 | 561 | 12.01 | BEP-UN BROOKFIELD | 42.04 | 0.28 | 0.67 | 486 | 13.35 | DOO BRP INC | 79.32 | -0.49 | -0.61 | 287 | -18.27 | CAR-UN CDN APARTM | 31.07 | -0.35 | -1.11 | 510 | -15.73 | CNQ CDN NATURAL R | 67.80 | -0.68 | -0.99 | 7193 | 45.84 | GIB-A CGI INC | 98.29 | -0.66 | -0.67 | 607 | -22.47 | CRT-UN CT REAL ES | 17.01 | 0.05 | 0.29 | 133 | 4.55 | CAE CAE INC | 33.01 | -0.68 | -2.02 | 728 | -20.92 | CCO CAMECO CORP | 126.96 | -5.31 | -4.01 | 1145 | 1.02 | CM CANADIAN IMPER | 154.57 | -4.08 | -2.57 | 2023 | 24.22 | CNR CANADIAN NATI | 164.99 | -3.35 | -1.99 | 1317 | 21.54 | CP CANADIAN PACIF | 119.18 | -2.26 | -1.86 | 1467 | 17.94 | CTC-A CANADIAN TI | 190.11 | -1.48 | -0.77 | 162 | 9.30 | CU CANADIAN UTILI | 49.85 | -0.35 | -0.70 | 1313 | 16.66 | CPX CAPITAL POWER | 64.29 | -0.20 | -0.31 | 500 | 9.80 | CS CAPSTONE COPPE | 13.92 | -0.44 | -3.06 | 3025 | 1.02 | CJT CARGOJET INC. | 86.26 | -1.32 | -1.51 | 109 | 2.76 | CCL-B CCL INDUSTR | 93.25 | -0.78 | -0.83 | 304 | 7.55 | CLS CELESTICA INC | 530.01 | -21.78 | -3.95 | 336 | 30.54 | CVE CENOVUS ENERG | 43.67 | -0.79 | -1.78 | 7224 | 88.07 | CG CENTERRA GOLD | 30.14 | -0.75 | -2.43 | 318 | 52.53 | ETFS
STOCKS \$1 OR MORE | CLOSE | NET CHG | % CHG | VOL 000s | YTD %CHG | CEU CES ENERGY SO | 18.05 | -0.19 | -1.04 | 391 | 47.11 | CSH-UN CHARTWELL | 19.44 | 0.00 | 0.00 | 517 | -3.28 | CHP-UN CHOICE PRO | 14.65 | 0.02 | 0.14 | 459 | -1.08 | CCA COGECO COMMUN | 52.50 | 0.68 | 1.31 | 335 | -21.02 | CIGI COLLIERS INT | 122.44 | -2.17 | -1.74 | 201 | -39.31 | CSU CONSTELLATION | 2901.98 | -48.66 | -1.65 | 38 | -12.10 | CRR-UN CROMBIE RE | 15.63 | -0.05 | -0.32 | 190 | 2.36 | CURA CURALEAF HOL | 14.06 | -0.16 | -1.13 | 257 | 37.44 | DFY DEFINITY FINA | 66.27 | -0.50 | -0.75 | 197 | -12.72 | DML DENISON MINES | 3.66 | -0.21 | -5.43 | 3287 | 0.55 | DSG DESCARTES SYS | 114.07 | 2.28 | 2.04 | 257 | -5.27 | DSV DISCOVERY MIN | 11.41 | -0.41 | -3.47 | 2870 | 36.16 | DOL DOLLARAMA INC | 185.37 | -0.66 | -0.35 | 636 | -9.64 | DPM DPM METALS IN | 52.00 | -2.51 | -4.60 | 1352 | 22.58 | DIR-UN DREAM INDU | 12.71 | 0.06 | 0.47 | 1045 | 1.03 | EQB EQB INC | 118.82 | -2.93 | -2.41 | 71 | 14.37 | ELD ELDORADO GOLD | 52.28 | -2.50 | -4.56 | 543 | 5.98 | EFN ELEMENT FLEET | 21.65 | -0.49 | -2.21 | 1636 | -39.94 | EMA EMERA INCORPO | 65.36 | -0.95 | -1.43 | 3942 | -3.37 | EMP-A EMPIRE COMP | 48.87 | 0.57 | 1.18 | 513 | 2.41 | ENB ENBRIDGE INC | 65.43 | -0.77 | -1.16 | 4351 | -0.38 | EDR ENDEAVOUR SIL | 11.86 | -0.45 | -3.66 | 1123 | -8.13 | EFX ENERFLEX LTD | 33.82 | -0.84 | -2.42 | 456 | 59.83 | EFR ENERGY FUELS | 14.65 | -1.32 | -8.27 | 1243 | -26.31 | EQX EQUINOX GOLD | 15.58 | -0.56 | -3.47 | 2247 | -19.23 | ERO ERO COPPER CO | 52.38 | -1.52 | -2.82 | 357 | 34.90 | EIF EXCHANGE INCO | 117.02 | -1.71 | -1.44 | 118 | 42.78 | EXE EXTENDICARE I | 27.79 | 1.11 | 4.16 | 556 | 30.16 | FFH FAIRFAX FINAN | 2199.92 | -12.21 | -0.55 | 41 | -15.90 | FTT FINNING INTL | 106.67 | -5.33 | -4.76 | 395 | 43.43 | FCR-UN FIRST CAPI | 22.96 | 0.08 | 0.35 | 190 | 21.48 | AG FIRST MAJESTIC | 23.75 | -1.21 | -4.85 | 1911 | 3.71 | FM FIRST QUANTUM | 38.52 | -1.43 | -3.58 | 2993 | 4.67 | FSV FIRSTSERVICE | 180.95 | -2.17 | -1.19 | 91 | -15.23 | FTS FORTIS INC | 75.66 | 0.41 | 0.54 | 2091 | 6.03 | FVI FORTUNA MININ | 14.44 | -1.44 | -9.07 | 1711 | 7.36 | FNV FRANCO-NEVADA | 339.13 | -7.71 | -2.22 | 293 | 19.20 | FRU FREEHOLD ROYA | 16.58 | -0.06 | -0.36 | 454 | 9.15 | GMIN G MINING VEN | 48.32 | -1.30 | -2.62 | 651 | 16.46 | GFL GFL ENVIRONME | 59.95 | -0.55 | -0.91 | 767 | 1.68 | GEI GIBSON ENERGY | 31.45 | -0.37 | -1.16 | 444 | 25.20 | GIL GILDAN ACTIVE | 58.81 | -0.46 | -0.78 | 656 | -31.45 | GRT-UN GRANITE RE | 83.01 | -1.31 | -1.55 | 131 | 1.59 | GWO GREAT-WEST LI | 87.56 | -1.51 | -1.70 | 724 | 29.35 | HPS-A HAMMOND POW | 293.28 | -4.72 | -1.58 | 38 | 83.90 | HWX HEADWATER EXP | 13.52 | 0.06 | 0.45 | 421 | 44.29 | HR-UN HR REAL EST | 9.26 | 0.03 | 0.33 | 1164 | -9.48 | HBM HUDBAY MINERA | 36.87 | -1.51 | -3.93 | 1925 | 35.30 | H HYDRO ONE LIMIT | 50.83 | -0.43 | -0.84 | 1331 | -6.97 | IAU I 80 GOLD COR | 2.12 | -0.18 | -7.83 | 1313 | 4.95 | IAG IA FINANCIAL | 201.99 | -1.94 | -0.95 | 317 | 13.59 | IMG IAMGOLD CORP | 25.73 | -0.67 | -2.54 | 1135 | 13.60 | IGM IGM FINANCIAL | 82.03 | -1.65 | -1.97 | 425 | 32.71 | IMO IMPERIAL OIL | 170.38 | -3.53 | -2.03 | 901 | 43.68 | IFC INTACT FINANC | 238.72 | -0.61 | -0.25 | 493 | -16.45 | IPCO INTERNATIONA | 34.87 | 0.03 | 0.09 | 81 | 40.43 | IVN IVANHOE MINES | 11.61 | -0.30 | -2.52 | 3761 | -25.62 | CLOSE | NET CHG | % CHG | VOL 000s | YTD %CHG | BANK EVOLVE CDN B | 10.75 | -0.31 | -2.80 | 1013 | 10.94 | CFLX CIBC FLEXIBL | 16.10 | -0.02 | -0.12 | 607 | -4.39 | DLR-U GLOBAL X US | 10.10 | 0.00 | 0.00 | 1415 | -0.39 | DLR GLOBAL X US D | 14.40 | 0.05 | 0.35 | 1457 | 3.45 | GDXD BETAPRO CDN | 8.97 | 0.53 | 6.28 | 407 | -45.10 | HHIS HARVEST DIVE | 11.97 | 0.00 | 0.00 | 799 | -2.21 | HMAX HAMILTON CDN | 16.83 | -0.39 | -2.26 | 650 | 3.95 | HND BETAPRO NAT G | 20.54 | -1.30 | -5.95 | 1448 | -45.44 | HNU BETAPRO NAT G | 9.08 | 0.50 | 5.83 | 4105 | -44.29 | HOD BETAPRO CRUDE | 17.83 | 0.22 | 1.25 | 1224 | -87.68 | HOU BETAPRO CRUDE | 24.59 | -0.34 | -1.36 | 1055 | 180.39 | HXT GLOBAL X SP T | 93.72 | -1.53 | -1.61 | 625 | 12.73 | CLOSE | NET CHG | % CHG | VOL 000s | YTD %CHG | MSTE HARVEST STRA | 2.73 | -0.18 | -6.19 | 2328 | -36.51 | RING GLOBAL X EQL | 14.16 | 0.14 | 1.00 | 1637 | -22.71 | SQQQ BETAPRO -3X | 6.32 | 0.04 | 0.64 | 438 | -51.90 | VEQT VANGUARD ALL | 62.56 | -0.46 | -0.73 | 425 | 16.48 | XEF ISHARES CORE | 51.69 | -0.37 | -0.71 | 689 | 11.57 | XEG ISHARES SP TS | 28.28 | -0.19 | -0.67 | 2732 | 47.14 | XEQT ISHARES CORE | 45.91 | -0.29 | -0.63 | 858 | 15.09 | XIC ISHARES CORE | 55.92 | -0.97 | -1.71 | 608 | 10.62 | XIU ISHARES SP TS | 52.19 | -0.85 | -1.60 | 7783 | 11.07 | XSB ISHARES CORE | 26.57 | -0.01 | -0.04 | 387 | -1.48 | XUT ISHARES SP TS | 34.53 | -0.10 | -0.29 | 841 | 8.21 | ZEB BMO EQUAL WEI | 71.49 | -1.97 | -2.68 | 1523 | 22.62 | PRICE | NET CHG | PRICE | NET CHG | PRICE | NET CHG | GOLD | 4140.70 | -46.40 | LEAN HOGS | 76.93 | -1.00 | CORN | 502.00 | -6.00 | SILVER | 60.29 | -1.29 | COFFEE | 292.70 | -11.75 | SOYBEAN | 1297.50 | -5.50 | NATURAL GAS | 3.20 | 0.09 | ALUMINUM | 3214.25 | -23.75 | CANOLA | 810.30 | -15.50 | CRUDE OIL WTI | 88.28 | -1.16 | HKFE NICKEL CNH | 104060.0 | -240.0 | S&P 500 COMM SRVS | 586.30 | -1.75 | CRUDE OIL BRENT | 100.58 | 0.26 | WHEAT | 686.50 | -17.75 | FEED WHEAT | 218.25 | 1.25 | HIGH GRADE COPPER | 6.65 | 0.00 | LUMBER PHYSICAL | 517.50 | -7.50 | BITCOIN FUTURES | 83575.0 | -2285.0 | Gold, Silver (USD/oz), Nat gas (USD/mmbtu), Oil (USD/barrel), Copper (USD/lb), Coffee (USD/lb), Aluminum (USD/tonne), HKFE Nickel (in Renminbi-Yuan/tonne), Canola and Barley (in Cdn dollars/tonne), Feed Wheat (in Br. pounds/tonne)
DOW JONES INDUSTRIAL AVERAGE
PAST 12 MONTHS

TSX 52-WEEK HIGHS
STOCKS \$1 OR MORE
S&P GLOBAL 100 INDEX
PAST 12 MONTHS

STOCKS \$1 OR MORE | CLOSE | NET CHG | % CHG | VOL 000s | YTD %CHG | INCM-U ACCELERATE | 8.79 | -0.26 | -2.87 | -19.14 | ATS ATS CORPORATI | 25.37 | -0.59 | -2.27 | 266 | -32.90 | BYD BOYD GROUP SE | 109.70 | 0.09 | 0.08 | 108 | -49.82 | BGI-UN BROOKFIELD | 5.52 | -0.15 | -2.65 | 22 | -30.57 | HOM-U BSR REAL ES | 10.77 | 0.07 | 0.65 | 6 | -14.18 | BTB-UN BTB REIT U | 3.58 | -0.01 | -0.28 | 99 | -12.47 | BNKR BUNKER HILL | 3.35 | -0.22 | -6.16 | 35 | -59.78 | CADY CADILLAC MIN | 5.35 | -0.38 | -6.63 | 312 | -24.44 | CIGI COLLIERS INT | 122.44 | -2.17 | -1.74 | 201 | -39.31 | YCM-PR-A COMMERCE | 5.14 | -0.03 | -0.58 | 9 | -0.96 | EFN ELEMENT FLEET | 21.65 | -0.49 | -2.21 | 1636 | -39.94 | EFR ENERGY FUELS | 14.65 | -1.32 | -8.27 | 1243 | -26.31 | FSZ FIERA CAPITAL | 4.06 | -0.07 | -1.69 | 225 | -34.52 | FC FIRM CAPITAL M | 10.63 | -0.32 | -2.92 | 175 | -9.30 | ASME HARVEST ASML | 12.33 | -0.26 | -2.07 | 3 | -0.96 | INTE HARVEST INTE | 11.79 | -0.04 | -0.34 | 1 | -6.13 | MUHE HARVEST MICR | 12.60 | 0.60 | 5.00 | 50 | 0.64 | HRMS HERMES CDR ( | 14.41 | -0.14 | -0.96 | -40.58 | LIF LABRADOR IRON | 22.30 | -1.03 | -4.41 | 340 | -25.34 | LAC LITHIUM AMERI | 3.43 | -0.17 | -4.72 | 1334 | -42.55 | CLOSE | NET CHG | % CHG | VOL 000s | YTD %CHG | LULU LULULEMON CD | 3.96 | -0.09 | -2.22 | 511 | -56.67 | MGEg MACKENZIE GL | 20.12 | -0.14 | -0.69 | 10 | 0.55 | MMDC MACKENZIE MO | 26.69 | -0.27 | -1.00 | 1 | MFC-PR-B MANULIFE | 20.63 | -0.01 | -0.05 | 12 | -7.16 | MKP MCAN MORTGAGE | 20.24 | -0.33 | -1.60 | 70 | -9.76 | BENZ MERCEDES-BEN | 16.64 | -0.35 | -2.06 | -33.07 | MAGF MIDDLEFIELD | 10.01 | -0.01 | -0.10 | 3 | -0.10 | MRG-UN MORGUARD N | 14.46 | -0.13 | -0.89 | 17 | -16.75 | MTY MTY FOOD GROU | 30.78 | -0.64 | -2.04 | 91 | -19.25 | NRR-UN NORTHVIEW | 14.10 | -0.24 | -1.67 | 7 | -12.69 | PVPS-PR-M PARTNERS | 25.01 | -0.07 | -0.28 | 7 | -3.17 | PEP PEPSI CDR (CA | 18.27 | -0.33 | -1.77 | 83 | -15.46 | RS REAL ESTATE SP | 8.48 | -0.10 | -1.17 | 35 | -7.02 | SHPD SAVVYSHORT - | 4.41 | -0.16 | -3.50 | 13 | -63.76 | STN STANTEC INC | 95.18 | -0.91 | -0.95 | 556 | -26.51 | SJ STELLA JONES I | 64.26 | -0.62 | -0.96 | 206 | -24.52 | SXP SUPREMEX INC. | 3.02 | -0.04 | -1.31 | 95 | -17.71 | TF TIMBERCREEK FI | 5.11 | -0.19 | -3.58 | 339 | -25.29 | TNT-UN TRUE NORTH | 7.52 | -0.03 | -0.40 | 13 | -15.12 | WDC WESTERN DIGIT | 24.61 | -0.43 | -1.72 | 123 | -12.70 | TSX COMPOSITE INDEX

SOURCE: BARCHART
OCT. 7, 2026 | CLOSE | NET CHG | % CHG | VOL 000s | YTD %CHG | JWEL JAMIESON WEL | 45.45 | 0.00 | 0.00 | 139 | 35.07 | KNT K92 MINING IN | 27.80 | -0.13 | -0.47 | 816 | 22.52 | KEL KELT EXPLORAT | 10.82 | -0.03 | -0.28 | 903 | 41.07 | KEY KEYERA CORP | 52.32 | -0.70 | -1.32 | 749 | 18.91 | KMP-UN KILLAM APA | 17.16 | -0.28 | -1.61 | 253 | 4.63 | KXS KINAXIS INC | 175.74 | 1.54 | 0.88 | 65 | 1.54 | K KINROSS GOLD CO | 33.04 | -0.84 | -2.48 | 3399 | -14.54 | LIF LABRADOR IRON | 22.30 | -1.03 | -4.41 | 340 | -25.34 | LB LAURENTIAN BAN | 40.38 | 0.07 | 0.17 | 201 | 0.20 | LSPD LIGHTSPEED C | 14.60 | 0.16 | 1.11 | 480 | -11.84 | LNR LINAMAR CORP | 96.71 | -1.81 | -1.81 | 155 | 16.57 | LAC LITHIUM AMERI | 3.43 | -0.17 | -4.72 | 1334 | -42.55 | L LOBLAW CO | 62.22 | 0.81 | 1.32 | 1087 | 0.27 | LUG LUNDIN GOLD I | 85.01 | -1.63 | -1.88 | 522 | -25.44 | LUN LUNDIN MINING | 33.93 | -1.05 | -3.00 | 1570 | 15.02 | MG MAGNA INTERNAT | 92.62 | -0.68 | -0.73 | 478 | 26.58 | MFC MANULIFE FIN | 59.51 | -1.53 | -2.51 | 6067 | 19.40 | MFI MAPLE LEAF FO | 24.50 | 0.00 | 0.00 | 386 | -1.72 | MDA MDA SPACE LTD | 41.34 | -1.57 | -3.66 | 972 | 55.18 | MX METHANEX CORP | 86.28 | -0.27 | -0.31 | 193 | 58.49 | MRU METRO INC | 89.51 | 0.53 | 0.60 | 517 | -9.39 | MAU MONTAGE GOLD | 17.31 | -0.37 | -2.09 | 795 | 75.20 | MTL MULLEN GROUP | 26.72 | -0.28 | -1.04 | 324 | 69.76 | NA NATIONAL BANK | 198.70 | -5.52 | -2.70 | 1088 | 15.11 | NXE NEXGEN ENERGY | 12.81 | -0.60 | -4.47 | 1674 | 1.43 | NFI NFI GROUP INC | 25.11 | 0.08 | 0.32 | 185 | 61.79 | NGEX NGEX MINERAL | 23.73 | -1.12 | -4.51 | 143 | -7.30 | NPI NORTHLAND POW | 22.06 | -1.13 | -4.87 | 1536 | 23.59 | NG NOVAGOLD RES I | 9.06 | -0.35 | -3.72 | 813 | -29.22 | NTR NUTRIEN LTD | 99.83 | -1.52 | -1.50 | 1299 | 17.84 | OR OR ROYALTIES I | 48.32 | -0.68 | -1.39 | 150 | -0.62 | OGC OCEANAGOLD CO | 37.68 | -0.40 | -1.05 | 614 | -3.14 | ONEX ONEX CORPORA | 103.39 | -1.57 | -1.50 | 85 | -8.47 | OTEX OPEN TEXT CO | 33.00 | 0.70 | 2.17 | 862 | -26.17 | PAAS PAN AMERICAN | 63.22 | -2.12 | -3.24 | 626 | -11.16 | POU PARAMOUNT RES | 31.46 | 0.22 | 0.70 | 276 | 30.05 | PXT PAREX RESOURC | 27.42 | -0.09 | -0.33 | 359 | 48.62 | PPL PEMBINA PIPEL | 65.58 | -0.79 | -1.19 | 1900 | 25.42 | PPTA PERPETUA RES | 28.47 | -0.86 | -2.93 | 62 | -14.32 | PEY PEYTO EXPLORA | 23.82 | -0.01 | -0.04 | 594 | 4.89 | POW POWER CORPORA | 87.69 | -1.55 | -1.74 | 1571 | 20.21 | PSK PRAIRIESKY RO | 33.16 | -0.15 | -0.45 | 327 | 22.68 | PBH PREMIUM BRAND | 70.38 | -0.13 | -0.18 | 217 | -30.80 | PMZ-UN PRIMARIS R | 21.75 | 0.06 | 0.28 | 401 | 39.51 | QBR-B QUEBECOR IN | 64.41 | -0.40 | -0.62 | 916 | 24.58 | RBA RB GLOBAL INC | 114.69 | -0.39 | -0.34 | 233 | -18.84 | QSR RESTAURANT BR | 99.07 | -0.85 | -0.85 | 539 | 5.78 | RCH RICHELIEU HAR | 34.68 | -0.69 | -1.95 | 98 | -12.34 | REI-UN RIOCAN REA | 20.39 | 0.01 | 0.05 | 887 | 9.04 | RCI-B ROGERS COMM | 43.77 | 0.39 | 0.90 | 2404 | -15.52 | RY ROYAL BANK OF | 272.82 | -6.37 | -2.28 | 2204 | 16.59 | RUS RUSSEL METALS | 88.27 | -2.24 | -2.47 | 302 | 101.53 | SAP SAPUTO INC. | 38.51 | 0.68 | 1.80 | 590 | -6.78 | SEA SEABRIDGE GOL | 38.00 | -1.07 | -2.74 | 62 | -6.61 | SHOP SHOPIFY INC | 236.59 | 2.86 | 1.22 | 1969 | 7.05 | CLOSE | NET CHG | % CHG | VOL 000s | YTD %CHG | SIA SIENNA SENIOR | 19.33 | -0.10 | -0.51 | 534 | -5.38 | SVM SILVERCORP ME | 14.34 | -0.59 | -3.95 | 393 | 24.91 | SKE SKEENA RESOUR | 43.48 | -1.14 | -2.55 | 373 | 33.37 | SRU-UN SMARTCENTR | 26.19 | -0.13 | -0.49 | 212 | 1.71 | SGD SNOWLINE GOLD | 15.10 | -1.10 | -6.79 | 345 | -13.02 | SOBO SOUTH BOW CO | 47.58 | -1.07 | -2.29 | 342 | 26.04 | SXGC SOUTHERN CRO | 10.64 | -0.36 | -3.27 | 389 | 0.47 | SDE SPARTAN DELTA | 13.35 | -0.02 | -0.15 | 548 | 84.14 | SII SPROTT INC. | 164.03 | -5.96 | -3.51 | 22 | 22.01 | SSRM SSR MINING I | 46.71 | -1.97 | -4.05 | 216 | 55.23 | STN STANTEC INC | 95.18 | -0.91 | -0.75 | 556 | -26.51 | SJ STELLA JONES I | 64.26 | -0.62 | -0.96 | 206 | -24.52 | SCR STRATHCONA RE | 39.90 | -0.30 | -0.75 | 573 | 40.84 | SLF SUN LIFE FINA | 108.21 | -2.27 | -2.05 | 1372 | 26.30 | SU SUNCOR ENERGY | 97.26 | 0.21 | 0.22 | 2309 | 59.65 | SPB SUPERIOR PLUS | 7.00 | -0.12 | -1.69 | 458 | -0.57 | TRP TC ENERGY COR | 84.00 | -1.57 | -1.83 | 4091 | 11.14 | X TMX GROUP LIMIT | 51.70 | -0.73 | -1.39 | 384 | -1.01 | TVE TAMARACK VALL | 13.31 | 0.00 | 0.00 | 2045 | 66.79 | TECK-B TECK RESOU | 93.26 | -2.12 | -2.22 | 966 | 41.93 | T TELUS CORPORATI | 11.34 | 0.15 | 1.34 | 9439 | -37.31 | TVK TERRAVEST IND | 110.87 | -0.63 | -0.57 | 40 | -32.61 | TFII TFI INTERNAT | 160.32 | -1.48 | -0.91 | 514 | 13.00 | NWC THE NORTH WES | 54.39 | 0.26 | 0.48 | 136 | 11.20 | TRI THOMSON REUTE | 141.76 | 2.28 | 1.63 | 488 | -21.74 | TPZ TOPAZ ENERGY | 28.11 | -0.39 | -1.37 | 368 | 2.07 | TXG TOREX GOLD RE | 71.15 | -2.11 | -2.88 | 672 | 8.56 | TIH TOROMONT IND | 217.00 | -13.13 | -5.71 | 379 | 30.68 | TD TORONTO-DOMINI | 162.43 | -5.63 | -3.35 | 12696 | 25.56 | TOU TOURMALINE OI | 62.56 | -0.35 | -0.56 | 1597 | 1.61 | TA TRANSALTA CORP | 18.36 | -0.27 | -1.45 | 1364 | 5.76 | TKO TREKOR METALS | 12.15 | -0.38 | -3.03 | 1031 | 56.37 | TFPM TRIPLE FLAG | 42.96 | -0.68 | -1.56 | 107 | -5.81 | TSU TRISURA GROUP | 40.57 | -0.37 | -0.90 | 40 | -5.03 | VET VERMILION ENE | 16.46 | -0.05 | -0.30 | 691 | 44.13 | VZLA VIZSLA SILVE | 4.88 | -0.13 | -2.59 | 990 | -35.11 | WSP WSP GLOBAL IN | 162.45 | -4.67 | -2.79 | 592 | -34.63 | WCN WASTE CONNECT | 221.28 | 1.59 | 0.72 | 306 | -8.08 | WDO WESDOME GOLD | 33.07 | -1.38 | -4.01 | 838 | 45.43 | WFG WEST FRASER T | 90.22 | 0.28 | 0.31 | 245 | 7.44 | WN WESTON GEORGE | 100.50 | 0.77 | 0.77 | 354 | 6.14 | WPM WHEATON PRECI | 190.40 | -5.29 | -2.70 | 666 | 18.00 | WCP WHITECAP RESO | 18.08 | -0.14 | -0.77 | 4647 | 57.22 | BONDS CANADA | TERM | YIELD | CHG | 2-YEAR | 3.24 | 0.00 | 5-YEAR | 3.61 | 0.02 | 10-YEAR | 3.95 | 0.02 | 30-YEAR | 4.32 | 0.02 | RATES | RATE | CHG | BOFC OVERNIGHT TARGET | 2.25 | UNCH | CANADIAN PRIME | 4.45 | UNCH |
FOREIGN EXCHANGE CROSS RATES | CAD | USD | AUD | EUR | GBP | JPY | CHF | CAD | - | 0.7014 | 1.0077 | 0.6266 | 0.5309 | 110.89 | 0.5845 | USD | 1.4258 | - | 1.4363 | 0.8932 | 0.7568 | 158.07 | 0.8332 | AUD | 0.9924 | 0.6962 | - | 0.6219 | 0.5269 | 110.05 | 0.5801 | EUR | 1.5959 | 1.1196 | 1.6081 | - | 0.8472 | 176.96 | 0.9328 | GBP | 1.8836 | 1.3214 | 1.8979 | 1.1803 | - | 208.89 | 1.1009 | JPY | 0.0090 | 0.0063 | 0.0091 | 0.0057 | 0.0048 | - | 0.0053 | CHF | 1.7110 | 1.2001 | 1.7237 | 1.0720 | 0.9083 | 189.68 | - | TERM | YIELD | CHG | 2-YEAR TREASURY | 4.77 | -0.02 | 5-YEAR TREASURY | 5.03 | 0.00 | 10-YEAR TREASURY | 5.28 | 0.01 | 30-YEAR TREASURY | 5.67 | 0.03 | CANADIAN DOLLAR \$0.7012 -0.0156 (-2.1790%)
PAST YEAR, AS OF 4:45 P.M. | RATES | RATE | CHG | FED TARGET RATE | 3.75-4.00 | UNCH | U.S. PRIME | 7.00 | UNCH |

DATA PROVIDED BY BARCHART, EXCEPT WHERE NOTED
OCT. 7, 2026 \$0.7012

周二在明尼苏达州圣保罗举行的国际友谊赛中,加拿大队主教练杰西·马什对裁判的判罚做出反应。STEPHEN MATUREN / GETTY IMAGES
卡萨尔·凯利 (CATHAL KELLY)
观点

周二晚上加拿大队 1-0 输给美国队,最令人瞩目的地方在于,这场比赛竟然在某种程度上具有瞩目之处。
十年前,这两支男足球队之间的一场友谊赛就相当于一次太阳耀斑——一场如此远离所有人雷达范围的惨败,以至于没人能预见到。
而现在,此类遭遇已成为衡量我们国家战斗能力的持续指标。我们能否在他们并不在意的运动项目中避免被美国羞辱?好消息是——我们可以。目前如此。
一场距离下届世界杯还有三年多时间的友谊赛,在衡量足球质量方面,其参考价值大约等同于在地上滚动鸡骨头,但球队内部必须得有某种斗志。加拿大队战斗了。而大部分时间,是在主教练那里挥拳。
杰西·马什再次成为了焦点,而且——多么巧合——他恰好随身带着他的高礼帽和手杖。在赛前接受《卫报》采访时,马什猛烈抨击了美国在我们近期共同参与的体育活动中的行为。
在谈到美国总统唐纳德·特朗普在世界杯期间推翻对福拉林·巴洛根红牌判罚的作用时,马什说:“这就是为什么全世界的人都讨厌美国。”
在其他地方,他表示:“我们作为美国人,从小就被宣传洗脑。”
一方面,他是对的。但另一方面,这家伙是否遇到过任何一种他没觉得有强烈需求要挤到中心去抢夺的关注?
我并不是建议他停止。请,务必继续。但为了让这种行为产生应有的效果,你的球队需要赢几场大赛。到目前为止,在马什的带领下,加拿大的出拳力度还处于次中量级水平。
就像玛丽安修女在我们因打架被送到办公室后告诉我们的那样,跳探戈需要两个人。一场真正的争端需要美国队由阿根廷人担任的主教练毛里西奥·波切蒂诺的配合。有人通过询问马什的方法给了他这个机会。
“我赞赏像杰西这样拥有纯粹情感的教练。我喜欢这一点,”波切蒂诺说,“在某些时刻,我也很像那样。现在我更成熟了。”
这种侮辱应该被纳入“侮辱技术学院”进行研究。而且我们还没谈到波切蒂诺片刻之后假装惊讶地询问全场:“我不知道我是否比杰西年长……我是更年轻吗??”
随后的比赛并没有决定太多事情,但我认为我们已经解决了北美人和南美人之间谁更擅长侮辱的问题。
马什值得称赞的是,他找到了激发加拿大业余足球迷最可靠的杠杆。如果他能将加拿大对阵美国变成一个更大规模的“油人队对阵火焰队”(Oilers-Flames)版本,那么他就找到了方向。
波切蒂诺同样值得称赞,因为他化解了这次尝试。被视为自愿让美国陷入一场与“小美国”的谩骂之争对他没有任何好处。
然而,我们现在可以看到接下来的局面将如何演变。加拿大的足球体系不会试图以某种抽象的方式变得世界一流。在马什担任发言人的情况下,它将有一个非常明确的目标——至少要和美国一样好,并希望比美国更好。与此同时,美国将试图把加拿大从它的裤腿上甩掉。
这是一个不错的计划,因为它具有雄心,但这并不等同于说它能奏效。
目前的加拿大队名单基本上与 7 月进入世界杯 16 强的名单一致。虽然在更衣室里做了一些轻微的装饰,换了新壁纸,但远未达到全面翻修的程度。因为何必费劲呢?能走到那个阶段,在国内就被赞誉为一代人的胜利。
在被摩洛哥队击溃后,马什已经在努力营造一种“已有计划且计划奏效”的印象。在波切蒂诺所说的那种纯粹情感的另一个例子中,他声称:“我宁愿成为我们,也不愿成为他们。”
摩洛哥队不仅是世界杯四强,还是现任 20 岁以下世界冠军。所以,我不确定马什在那句话中想表达什么,而且我认为马什自己也不清楚。但这话听起来确实令人鼓舞。
■

[ DODGERS VS. BRAVES ]
Teenager Hunter on track to be Canada's next soccer star ■ B13
The Lions and Stamps need wins to earn a spot in the playoffs ■ B14

托里·菲茨帕特里克 哈利法克斯
在系列欺凌事件和袭击事件震惊冰球运动之后,新斯科舍省管理组织冰球的省级机构负责人正在推广一项针对球员的新教育计划。
“多年来冰球运动中发生了几起此类事件,这是一个亟需关注的领域,”新斯科舍省冰球协会(Hockey Nova Scotia)执行主任迈克尔·菲尔德(Michael Field)在一次采访中表示。
该组织与当地一家为性侵幸存者提供服务的非营利组织合作创建了该计划。其目标是向 13 和 14 岁的球员教授如何进行健康的团队凝聚力活动,以及如何避免越界。
“我们认为有必要对球员进行团队文化教育,”菲尔德说。“有些球队做得很好,而有些团队运动则不然。我们只想尽一切努力确保……团队文化是以健康的方式建立的。”
菲尔德表示,将有 2,000 多名涵盖所有性别的青少年冰球运动员参加这一强制性计划。
该计划的出台,是在家庭和教练对去年 2 月关于新斯科舍省一支青少年冰球球队发生欺凌事件和性侵的报道做出反应之后。
该中心的运营总监凯莉·韦克曼(Kailee Wakeman)解释说,许多人向 Avalon 发送了电子邮件,表达他们对该问题的担忧,Avalon 正是目前与冰球协会合作的非营利组织。
去年秋天,在一次团队过夜活动期间发生该事件后,哈利法克斯东北部科尔切斯特县的两名 under-15 青少年冰球运动员被指控犯有性侵罪。
其中一名被告球员上个月将诉求改为认罪,而另一名则在 5 月辩称无罪。
韦克曼表示,Avalon 在 2 月举办了一场网络研讨会,教导家长和教练如何与年轻球员讨论“同意”和“欺凌”问题。
菲尔德说,他的协会随后联系了 Avalon,询问其是否能为球员开发一个版本的网络研讨会。
韦克曼表示,新计划旨在教导球员如何识别歧视、骚扰、压力、欺凌和强迫。
“我们希望……能够帮助改变团队文化,因为体育文化往往包含一些人们认为能增强团队凝聚力的欺凌方式,但有大量研究表明事实并非如此,”韦克曼在周三的采访中说道。
韦克曼表示,球员将参加两次课程。第一次将教授他们关于身体自主权、尊重界限和同意的知识,而第二次将教授他们如何应对可能对队友造成伤害的情况。
“很多人将其称为旁观者干预,但我们将从关爱团队环境的角度来定义它,”她说。“是互相照看,而不是将彼此置于有害的环境中。”
同意,B13
x — 锁定季后赛席位
Los Angeles Dodgers outfielder Andy Pages reacts after hitting a two-run single against the Atlanta Braves during Game 4 of the National League Division Series at Truist Park on Wednesday in Atlanta. The Dodgers won 4-1 to clinch the series 3-1 and advance to the NLCS. For more MLB playoff coverage, go to ■ GLOBESPORTS.COM
KEVIN C. COX/GETTY IMAGES
所有时间均为东部时间

白袜队在 Rate Field 球场聚集了 40,590 名观众,这是该球队自 2021 年以来首场主场季后赛
杰·科恩 芝加哥报道
乔·阿德尔(Jo Adell)和何塞·拉米雷斯(José Ramírez)凭借两次两出局后的三垒安打助力克利夫兰队,守护者队在周三的第三场比赛中以 9-3 击败芝加哥白袜队,避免了在美联分区系列赛(ALDS)中被横扫。
阿德尔在第三局击出的一支三分三垒安打让克利夫兰队取得了 4-1 的领先。拉米雷斯在第八局的这次三垒安打则为特拉维斯·巴扎纳(Travis Bazzana)和帕特里克·贝利(Patrick Bailey)送分,使领先优势扩大至 7-3。
“我们继续乘胜追击,”克利夫兰队经理斯蒂芬·沃格特(Stephen Vogt)表示,“我认为前两场比赛与今天的区别在于,在第二场比赛中,我们虽然拿到了几分,但没能进一步扩大优势。但今天我们的球员表现得非常好。”
这是守护者队历史上首次在单场季后赛中击出两次三垒安打。他们成为自 2024 年世界系列赛第一场洛杉矶道奇队对阵纽约洋基队以来,首支完成这一壮举的大联盟球队。
阿德尔、拉米雷斯、贝利和布赖恩·罗基奥(Brayan Rocchio)每人都贡献了球队 11 次安打中的两次——对于这支美联中区冠军球队来说,这是一个彻底的转折,因为他们在系列赛的前两场比赛中合计仅获得 3 分和 7 次安打。
第四场比赛将于周四在芝加哥举行,目前白袜队在五局三胜制的对决中以 2-1 领先。他们将再次尝试在主场锁定一个季后赛系列赛的胜利,这将是自 1906 年对阵芝加哥小熊队的世界系列赛以来首次实现。
在周三于芝加哥 Rate Field 球场举行的 2026 年 MLB 季后赛美联分区系列赛第三场比赛中,守护者队三垒手何塞·拉米雷斯在白袜队捕手凯尔·蒂尔(Kyle Teel)的触杀尝试下得分。进入第四场比赛前,白袜队在五局三胜制的对决中以 2-1 领先。
大卫·班克斯 / 路透社
芝加哥小熊队。
“今天与明天毫无关系。完全没有,”白袜队捕手凯尔·蒂尔说,“我们明天会像往常一样准备好迎接战斗。”
在去年 60 胜 102 负之后,芝加哥队在一次令人惊讶的季后赛亮相中赢下了前四场比赛。在球队自 2021年以来首场主场季后赛中,40,590 名狂热的观众为其撑腰,但在最后几局中,球迷们并没有太多可以欢呼的内容。
白袜队被三振 19 次,且在跑者在垒的情况下 11 次机会中仅 2 次击球成功。他们的牛棚在季后赛开局强势之后出现了失误。
“我认为有些地方我们可以打得更好,但对方也打得很好,”左投手哈根·史密斯(Hagen Smith)说,“他们是一支很强的球队,我们明天会回来继续战斗。”
第一局一出局时,凯尔·蒂尔击出的一支打入分数的二垒安打让芝加哥队在面对丹尼尔·埃斯皮诺(Daniel Espino)时率先取得领先。但埃斯皮诺随后让蔡斯·梅德罗斯(Chase Meidroth)三振出局,接着福斯特·格里芬(Foster Griffin)让特里斯坦·彼得斯(Tristan Peters)在观察中三振,使跑者被留在二、三垒。
格里芬在 $2\frac{1}{3}$ 局中完成了 7 次三振,创下了球队救援投手的纪录。这位左投手在 9 月 23 日以来的首次出场中仅丢 1 分,被击 2, 安。
“一旦势头转向我们这边,就很难被阻止了,”格里芬说,他是 8 月通过与华盛顿队的交易加盟的。
第三局,克利夫兰队在布莱恩·哈德森(Bryan Hudson)身上发起反击,哈德森是在肖恩·纽康布(Sean Newcomb)投完两局无分后接手的。
巴扎纳保送上垒,并在史蒂文·宽(Steven Kwan)的一出局左外野单打中得分。在两出局且垒满的情况下,面对史密斯,阿德尔击出一记高快球落在一垒线附近,使比分变为 4, -1。
阿德尔是在 8 月通过与洛杉矶天使队的交易获得的,他在克利夫兰队 4-3 输掉的第二场比赛中也击出了一支打入分的三垒安打。在过去两年的常规赛中,他每年各击出了一次三垒安打 2.
“这至关重要,”阿德尔说,“我真的很自豪我能把那次击球处理得那么干净。”
拉米雷斯在代表克利夫兰出战的第48场季后赛中,在第五局为守护者队制造了一分保险分。他击出二垒安打,盗垒至三垒,随后在蔡斯·德劳特击向二垒的滚地球中得分,并以一个头先入垒的滑垒避开了蒂尔的触杀。
拉米雷斯机敏的跑垒让守护者队取得了 5-2 的领先。这位七次入选全明星赛的球员在系列赛的前两场比赛中 6 次击球无安打,但有两次保送。
34 岁的拉米雷斯在第六局还通过一次飞身拦截挡住了米格尔·瓦加斯在满垒情况下的强力击球,维持了克利夫兰 5-3 的优势。
“我觉得当我们完成那个防守动作时,比赛的势头发生了重大转变,”拉米雷斯通过翻译说道,“我觉得这场比赛将属于我们。”
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Jesse Marsch, Canada's head coach, reacts to the referee's call during his team's international friendly match against the United States on Tuesday in St. Paul, Minn. STEPHEN MATUREN/GETTY IMAGES
CATHAL KELLY
OPINION

The most remarkable thing about Canada's 1-0 soccer loss to the United States on Tuesday night was that it was in any way remarkable.
Ten years ago, a friendly between these two men's teams would have been the equivalent of a solar flare – a blowout so far off everyone's radar that nobody sees it.
Now such encounters are an ongoing measure of our national fighting capacity. Can we avoid being embarrassed by America at a sport they don't care about? Great news – we can. For now.
A friendly match more than three years distant from the next World Cup is about as good a guide post to soccer quality as rolling chicken bones across the floor, but there has to be some fight in the group. Canada fought. Mostly, it was the head coach doing the swinging.
Once again, Jesse Marsch had the spotlight on him and – what a coincidence – he happened to have his top hat and cane handy. Speaking to The Guardian beforehand, Marsch lit into the United States' behaviour at our recent shared sporting endeavour.
Speaking of U.S. President Donald Trump's role in overturning a red card to Folarin Balogun during the World Cup, Marsch said, "[T]his is why everybody around the world hates America."
Elsewhere: “We, as Americans, have been inundated with propaganda since we were young.”
On the one hand, he's right. On the other, has this guy ever encountered any sort of attention he didn't feel a powerful need to elbow his way into the centre of?
I'm not suggesting he stop. Please, please, continue. But in order for this to land properly, your team needs to win a couple of big ones. To this point under Marsch, Canada's punching at a welterweight level.
Like Sister Marian used to tell us after we were sent to the office for fighting, it takes two to tango. A real scrap required the cooperation of the USA's Argentine head coach, Mauricio Pochettino. Someone gave him the opportunity by asking about Marsch's approach.
"I celebrate that we have coaches like Jesse that have pure emotion. I like this," said Pochettino. "In some moments, I was similar. Now I am more mature."
That insult should be studied at The School of Insult Technology. And we haven't even talked about Pochettino's pretend surprise a moment later when he asked the room, "I don't know if I am older than Jesse ... I am younger??"
The subsequent game didn't decide much, but I think we have settled the issue of who, between North and South Americans, is better at insults.
Marsch gets credit for locating the most reliable lever to excite Canada's part-time soccer fans. If he can turn Canada-USA into a larger canvas version of Oilers-Flames, he's onto something.
Pochettino deserves the same credit for deflecting the attempt. It does him no good to be seen volunteering America for a slanging match with America Jr.
However, we can now see how the next little while will play out. The Canadian soccer set-up will not attempt to become world class in some abstract way. With Marsch acting as spokesperson, it will have one very focused goal – be at least as good as and hopefully better than the U.S. Meanwhile, America will attempt to shake Canada off its pant leg.
It's a good plan because it's ambitious, but that's not the same thing as saying it can work.
The current Canadian roster remains essentially the same as the one that reached the World Cup round of 16 in July. Some light redecorating, new wallpaper in the locker room, but nothing close to full renos. Because why bother? Getting as far as they did was hailed back home as a generational triumph.
Right after getting hammered by Morocco, Marsch was already working to sell the impression that there is a plan and that it is working. In another example of that pure emotion Pochettino spoke of, he claimed that, “I’d rather be us than them.”
As well as World Cup semi-finalists, Morocco are the reigning under-20 world champions. So, I'm not sure what Marsch meant there, and I don't think Marsch did either. But it sounded encouraging.
■ KELLY, B13
帕克·梅西克(Parker Messick)将为克利夫兰队在第 4 场比赛中先发。在系列赛首场比赛中,梅西克在 $4\frac{1}{2}$ 局中丢了两分,被击出四次安打。这位左投手在常规赛的 32 次先发中取得了 12-9 的战绩,防御率(ERA)为 2.56。
芝加哥队在赛前未公布其投球计划。史密斯(Smith)为白袜队在第 1 场比赛中先发,在 $2 \frac{1}{3}$ 局无安打的表现中完成了四次三振。
美联社
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TORI FITZPATRICK HALIFAX
The head of a provincial body that governs organized hockey in Nova Scotia is touting a new educational program that targets players after a series of hazing incidents and assaults have rocked the sport.
"There's been several incidents in hockey over the years and it's been an area of need," said Michael Field, the executive director of Hockey Nova Scotia in an interview.
The organization has teamed up with a local non-profit that provides services to survivors of sexual assault to create the program. It aims to teach 13- and 14-year-old players about how to engage in healthy team bonding exercises and how to avoid crossing the line.
“We feel there’s a need to educate players on team culture,” Field said. “Some teams do a great job at it and some team sports don’t. We just want to do all we can to ensure that … team culture is being built in a healthy manner.”
Field said more than 2,000 minor hockey players of all genders will participate in the mandatory program.
It emerged as families and coaches reacted to news reports last February about a hazing incident and sexual assault involving a junior hockey team in Nova Scotia.
A number of them sent e-mails expressing their concerns about the issue to Avalon, the non-profit that is now working with the hockey association, explained Kailee Wakeman, the director of operations at the centre.
Two under-15 minor hockey players in Colchester County, northeast of Halifax, were charged with sexual assault following the incident during a team sleepover last fall.
One of the accused players changed his plea to guilty last month, while the other pleaded not guilty in May.
Wakeman said Avalon hosted a webinar in February to teach parents and coaches how to discuss consent and hazing with young players.
Field said his association then reached out to Avalon to see if it could develop a version of the webinar for players.
Wakeman said the new program aims to teach players how to recognize discrimination, harassment, pressure, hazing and coercion.
"We're hoping ... that we can help change team cultures because sports cultures can often include hazing in ways that people think it strengthens a team and there's so much research that shows that it doesn't," Wakeman said in an interview Wednesday.
The players will participate in two sessions, said Wakeman. The first will teach them about bodily autonomy, respecting boundaries and consent, while the second will teach them how to respond to situations that may cause harm to their teammates.
“So many people call that bystander intervention, but we're going to frame it through the lens of a caring team environment,” she said. “Looking out for one another rather than placing each other in harmful situations.”
CONSENT, B13
x — clinched playoff berth
(五局三胜制。所有时间均为东部时间) | 美国联盟 | 坦帕湾 (1) 对阵 纽约洋基 (4)
(坦帕湾以 2-0 领先系列赛)
周三
坦帕湾 在 CHG 纽约洋基
周四
x-坦帕湾 在 CHG 纽约洋基,晚上 8 点
克利夫兰 (2) 对阵 芝加哥白袜 (6)
(芝加哥白袜以 2-0 领先系列赛)
周三
克利夫兰 9 芝加哥白袜 3
周四
克利夫兰 在 CHG 芝加哥白袜,下午 5 点
国家联盟
密尔沃基 (1) 对阵 圣迭戈 (4)
(密尔沃基以 2-1 领先系列赛)
密尔沃基 在 CHG 圣迭戈
周二
圣迭戈 4 密尔沃基 3
周五
x-圣迭戈 在 CHG 密尔沃基,下午 4:30
洛杉矶道奇 (2) 对阵 亚特兰大 (3)
(洛杉矶道奇以 3-1 赢得系列赛)
洛杉矶道奇 4 亚特兰大 1
周二
洛杉矶道奇 3 亚特兰大 1
x—仅在必要时进行
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All Times Eastern

White Sox pack 40,590 into Rate Field for the franchise's first home playoff game since 2021
JAY COHEN CHICAGO
Jo Adell and José Ramírez powered Cleveland with a pair of two-out triples, and the Guardians avoided an AL Division Series sweep by cooling off the Chicago White Sox with a 9-3 victory in Game 3 on Wednesday.
Adell's three-run triple gave Cleveland a 4-1 lead in the third inning. Ramírez's three-bagger drove in Travis Bazzana and Patrick Bailey for a 7-3 advantage in the eighth.
"We continued to pile on," Cleveland manager Stephen Vogt said. "I think that's been the difference of the first couple games to today was Game 2, we were able to get a couple runs but weren't able to add on. But really good job by our guys today."
The Guardians hit two triples in a postseason game for the first time in franchise history. They became the first major league team to accomplish the feat since the Los Angeles Dodgers in Game 1 of the 2024 World Series against the New York Yankees.
Adell, Ramírez, Bailey and Brayan Rocchio each had two of the team's 11 hits – a complete turnaround for the AL Central champions after they managed just three runs and seven hits in the first two games of the series combined.
Game 4 is Thursday in Chicago, with the White Sox leading 2-1 in the best-of-five matchup. Once again, they'll try to clinch a postseason series at home for the first time since the 1906 World Series against the
Guardians third baseman José Ramírez scores under the tag of White Sox catcher Kyle Teel during fifth-inning play in Game 3 of the ALDS in the 2026 MLB playoffs at Rate Field in Chicago on Wednesday. Going into Game 4, the White Sox are leading 2-1 in the best-of-five matchup.
DAVID BANKS/REUTERS
Chicago Cubs.
“Today has nothing to do with tomorrow. Nothing,” White Sox catcher Kyle Teel said. “We come ready to go like we always do tomorrow.”
Chicago won its first four games in a surprising postseason appearance after going 60-102 last year. It was backed by a frenzied crowd of 40,590 for the franchise's first home playoff game since 2021, but there wasn't much for the fans to cheer in the final innings.
The White Sox struck out 19 times and went 2 for 11 with runners in position. Their bullpen faltered after coming up big in their fast postseason start.
“I think there was some stuff we could have played better, but they played good, too,” left-hand er Hagen Smith said. “It’s a good team, and we’ll come back tomorrow and fight.”
Chicago jumped in front on Kyle Teel's RBI double off Daniel Espino with one out in the first. But Espino fanned Chase Meidroth before Foster Griffin struck out Tristan Peters looking, stranding runners on second and third.
Griffin set a franchise record for a reliever with seven strike-outs in $2\frac{1}{3}$ innings. The left-handler allowed one run and two hits in his first appearance since Sept. 23.
“Once we got the momentum going on our side, it was tough to stop it,” said Griffin, who came over in a trade with Washington in August.
Cleveland rallied in the third against Bryan Hudson, who entered after Sean Newcomb pitched two scoreless innings.
Bazzana walked and scored on Steven Kwan's one-out single to left. Facing Smith with two down and the bases loaded, Adell grounded a high fastball down the first-base line for a 4-1 lead.
Adell, acquired in an August trade with the Los Angeles Angels, also hit an RBI triple during Cleveland's 4-3 loss in Game 2. He hit one triple during the regular season in each of the last two years.
“It was huge,” Adell said. “Really just proud of how I kind of cleaned that at-bat up.”
Playing in his 48th postseason game – all with Cleveland – Ramírez manufactured an insurance run for the Guardians in the fifth. He doubled, stole third and scored on Chase DeLauter's grounder to second, beating Teel's tag with a headfirst slide.
Ramírez's savvy baserunning gave the Guardians a 5-2 lead. The seven-time all-star went o for 6 with two walks in the first two games of the series.
The 34-year-old Ramírez also made a diving stop on Miguel Vargas's bases-loaded smash in the sixth, preserving Cleveland's 5-3 advantage.
“I felt it was a significant shift in momentum in the game when we were able to make that play,” Ramírez said through a translator. “I felt like this is going to be our game.”
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半决赛
(五局三胜制。所有时间均为东部时间)
金州 (2) 对阵 拉斯维加斯 (3)
(金州以 1-0 领先系列赛)
拉斯维加斯 在 金州
周五
金州 在 拉斯维加斯,晚上 9:30
10 月 11 日,周日
x-金州 在 拉斯维加斯,时间待定
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Parker Messick starts for Cleveland in Game 4. Messick permitted two runs and four hits over $4\frac{1}{2}$ innings in the series opener. The left-hander went 12-9 with a 2.56 ERA in 32 starts during the regular season.
Chicago did not announce its pitching plans before the game. Smith started Game 1 for the White Sox, striking out four in $2 \frac{1}{3}$ hitless innings.
THE ASSOCIATED PRESS
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亚特兰大 (4) VCR 纽约 (5)
( 系列领先 1-0)
周三
纽约 在
周五
在 LEAGUE 纽约, 7:30 p.m.
10月11日,周日
x- 在 LEAGUE 纽约, TBA
x—仅在必要时进行
WNBA 季后赛得分领先者
截至周日比赛后
NFL
| 场次(GP)< / > 投篮(FG)< / > 罚球(FT)< / > 得分(Pts)< / > 场均(Avg)< / > | A. Wilson, LV< / > 4< / > 39< / > 38< / > 120< / > 30.0< / >< / > G. Williams, GS< / > 4< / > 35< / > 15< / > 100< / > 25.0< / >< / > S. Citron, Wash< / > 2< / > 14< / > 16< / > 50< / > 25.0< / >< / > A. Ognbwale, Dal< / > 3< / > 24< / > 27< / > 84< / > 28.3< / >< / > B. Stewart, NY< / > 3< / > 23< / > 25< / > 74< / > 24.7< / >< / > J. Young, LV< / > 4< / > 24< / > 21< / > 81< / > 20.3< / >< / > K. Mitchell, Ind< / > 3< / > 18< / > 60< / > 20.3< / >< / > C. Clark, Ind< / > 3< / > 21< / > 6< / > 60< / > 20.0< / >< / > A. Boston, Ind< / > 3< / > 24< / > 3< / > 59< / > 19.7< / > |
美联会议
FAST
< / > 胜(W)< / > 负(L)< / > 平(T)< / > 胜率(Pct)< / > 得分(PF)< / > 失分(PA)< / >< / > 布法罗< / > 3< / > 1< / > 0< / > .750< / > 127< / > 107< / >< / > 新英格兰< / > 2< / > 0< / > .500< / > 65< / > 77< / >< / > 纽约喷气机< / > 1< / > 3< / > 0< / > .250< / > 76< / > 84< / >< / > 迈阿密< / > 0< / > 4< / > 0< / > .000< / > 46< / > 101< / >< / > | 南部< / >< / > 杰克逊维尔< / > 3< / > 1< / > 0< / > .750< / > 104< / > 53< / >< / > 印第安纳波利斯< / > 2< / > 0< / > .500< / > 102< / > 104< / >< / > 田纳西< / > 0< / > 4< / > 0< / > .000< / > 55< / > 83< / >< / > 休斯顿< / > 0< / > 4< / > 0< / > .000< / > 84< / > 109< / >< / > | 北部< / >< / > 克利夫兰< / > 3< / > 1< / > 0< / > .750< / > 81< / > 95< / >< / > 巴尔的摩< / > 3< / > 1< / > 0< / > .750< / > 116< / > 96< / >< / > 匹兹堡< / > 2< / > 0< / > .500< / > 77< / > 87< / >< / > 辛辛那提< / > 2< / > 0< / > .500< / > 97< / > 85< / >< / > | 西部< / >< / > 堪萨斯城< / > 4< / > 0< / > 1.000< / > 118< / > 77< / >< / > 拉斯维加斯< / > 3< / > 1< / > 0< / > .750< / > 115< / > 84< / >< / > 丹佛< / > 2< / > 0< / > .500< / > 74< / > 94< / >< / > 洛杉矶闪电< / > 0< / > 4< / > 0< / > .000< / > 67< / > 106< / > |
周六
东部
国家会议
< / > 胜(W)< / > 负(L)< / > 平(T)< / > 胜率(Pct)< / > 得分(PF)< / > 失分(PA)< / >< / > 纽约巨人< / > 3< / > 1< / > 0< / > .750< / > 82< / > 79< / >< / > 费城< / > 2< / > 0< / > .500< / > 75< / > 93< / >< / > 达拉斯< / > 2< / > 0< / > .500< / > 122< / > 112< / >< / > 华盛顿< / > 1< / > 3< / > 0< / > .250< / > 88< / > 122< / >< / > | 南部< / >< / > 卡罗来纳< / > 2< / > 0< / > .500< / > 121< / > 109< / >< / > < / > 2< / > 0< / > .500< / > 96< / > 92< / >< / > 新奥尔良< / > 1< / > 3< / > 0< / > .250< / > 105< / > 128< / >< / > 坦帕湾< / > 0< / > 4< / > 0< / > .000< / > 76< / > 96< / >< / > | 北区 | 明尼苏达< / > 4< / > 0< / > 1.000< / > 86< / > 51< / >< / > 芝加哥< / > 3< / > 1< / > 0< / > .750< / > 112< / > 65< / >< / > 底特律< / > 2< / > 0< / > .500< / > 119< / > 127< / >< / > 格林贝< / > 2< / > 0< / > .500< / > 73< / > 105< / >< / > | 西区< / >< / > 旧金山< / > 4< / > 0< / > 1.000< / > 122< / > 64< / >< / > 西雅图< / > 3< / > 1< / > 0< / > .750< / > 105< / > 73< / >< / > 洛杉矶公羊< / > 2< / > 0< / > .500< / > 85< / > 83< / >< / > 亚利桑那< / > 1< / > 3< / > 0< / > .250< / > 87< / > 117< / > |
第五周
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(Tampa Bay leads series 2-0)
Wednesday
Tampa Bay at N.Y. Yankees
Thursday
x-Tampa Bay at N.Y. Yankees, 8 p.m.
CLEVELAND (2) VS. CHI. WHITE SOX (6)
(Chicago White Sox lead series 2-0)
Wednesday
Cleveland 9 Chicago White Sox 3
Thursday
Cleveland at Chicago White Sox, 5 p.m.
NATIONAL LEAGUE
MILWAUKEE (1) VS. SAN DIEGO (4)
(Milwaukee leads series 2-1)
Wednesday
Milwaukee at San Diego
Tuesday
San Diego 4 Milwaukee 3
Friday
x-San Diego at Milwaukee, 4:30 p.m.
L.A. DODGERS (2) VS. ATLANTA (3)
(L.A. Dodgers wins series 3-1)
Wednesday
L.A. Dodgers 4 Atlanta 1
Tuesday
L.A. Dodgers 3 Atlanta 1
x—played only if necessary
---
轮空:堪萨斯城、卡罗来纳
坦帕湾 客场 对阵 达拉斯,晚上 8:15
---
SEMIFINALS
(Best-of-5. All Times Eastern)
GOLDEN STATE (2) VS. LAS VEGAS (3)
(Golden State leads series 1-0)
Wednesday
Las Vegas at Golden State
Friday
Golden State at Las Vegas, 9:30 p.m.
Sunday, October 11
x-Golden State at Las Vegas, TBA
---
费城 对阵 杰克逊维尔(英国伦敦),上午 9:30
芝加哥 客场 对阵 格林贝,下午 1 点
辛辛那提 客场 对阵 迈阿密,下午 1 点
克利夫兰 客场 对阵 纽约喷气机,下午 1 点
休斯顿 客场 对阵 田纳西,下午 1 点
印第安纳波利斯 客场 对阵 匹兹堡,下午 1 点
拉斯维加斯 客场 对阵 新英格兰,下午 1 点
明尼苏达 客场 对阵 新奥尔良,下午 1 点
纽约巨人 客场 对阵 华盛顿,下午 1 点
丹佛 客场 对阵 洛杉矶闪电,下午 4:05
底特律 客场 对阵 亚利桑那,下午 4:25
旧金山 客场 对阵 西雅图,下午 4:25
巴尔的摩 客场 对阵 亚特兰大,晚上 8:20
---
Atlanta (4) VCR NEW YORK (5)
(Atlanta leads series 1-0)
Wednesday
New York at Atlanta
Friday
Atlanta at New York, 7:30 p.m.
Sunday, October 11
x-Atlanta at New York, TBA
x—played only if necessary
WNBA PLAYOFF SCORING LEADERS
Following Sunday's Games
NFL | GP | FG | FT | Pts | Avg | A. Wilson, LV | 4 | 39 | 38 | 120 | 30.0 | G. Williams, GS | 4 | 35 | 15 | 100 | 25.0 | S. Citron, Wash | 2 | 14 | 16 | 50 | 25.0 | A. Ognbwale, Dal | 3 | 24 | 27 | 84 | 28.3 | B. Stewart, NY | 3 | 23 | 25 | 74 | 24.7 | J. Young, LV | 4 | 24 | 21 | 81 | 20.3 | K. Mitchell, Ind | 3 | 18 | 18 | 60 | 20.3 | C. Clark, Ind | 3 | 21 | 6 | 60 | 20.0 | A. Boston, Ind | 3 | 24 | 3 | 59 | 19.7 | AMERICAN CONFERENCE
FAST | W | L | T | Pct | PF | PA | Buffalo | 3 | 1 | 0 | .750 | 127 | 107 | New England | 2 | 2 | 0 | .500 | 65 | 77 | N.Y. Jets | 1 | 3 | 0 | .250 | 76 | 84 | Miami | 0 | 4 | 0 | .000 | 46 | 101 |
EAST
NATIONAL CONFERENCE | W | L | T | Pct | PF | PA | N.Y. Giants | 3 | 1 | 0 | .750 | 82 | 79 | Philadelphia | 2 | 2 | 0 | .500 | 75 | 93 | Dallas | 2 | 2 | 0 | .500 | 122 | 112 | Washington | 1 | 3 | 0 | .250 | 88 | 122 |
---
布法罗 客场 对阵 洛杉矶公羊,晚上 8:15
截至10月7, 9晚上 9:25 的结果
CFL
东区
| GP< / > W< / > L< / > PF< / > PA< / > Pt< / > | y-蒙特利尔< / > 15< / > 12< / > 3< / > 535< / > 420< / > 24< / >< / > x-多伦多< / > 16< / > 9< / > 7< / > 462< / > 455< / > 18< / >< / > 汉密尔顿< / > 16< / > 5< / > 11< / > 396< / > 474< / > 10< / >< / > 渥太华< / > 15< / > 0< / > 15< / > 355< / > 558< / > 0< / > |
西区
< / > GP< / > W< / > L< / > PF< / > PA< / > Pt< / >< / > x-埃德蒙顿< / > 15< / > 11< / > 4< / > 470< / > 382< / > 22< / >< / > 不列颠哥伦比亚< / > 15< / > 9< / > 6< / > 452< / > 398< / > 18< / >< / > 萨斯喀彻温< / > 15< / > 8< / > 7< / > 430< / > 408< / > 16< / >< / > 卡尔加里< / > 16< / > 8< / > 572< / > 541< / > 16< / >< / > 温尼伯< / > 15< / > 7< / > 8< / > 383< / > 419< / > 14< / > |
第 19 周
轮空:多伦多
周五
所有时间均为东部时间
埃德蒙顿 客场 对阵 汉密尔顿,晚上 7 点
渥太华 客场 对阵 不列颠哥伦比亚,晚上 10 点
卡尔加里 客场 对阵 温尼伯,晚上 7 点
10月12日,周一
萨斯喀彻温 客场 对阵 蒙特利尔,下午 1 点
多伦多 客场 对阵 麦克马斯特,中午 12 点
季前赛
---
Byes: Kansas City, Carolina
Tampa Bay at Dallas, 8:15 p.m.
---
印第安纳 123 明尼苏达 112
密尔沃基 客场 对阵 俄克拉荷马城
奥兰多 客场 对阵 孟菲斯
菲尼克斯 客场 对阵 芝加哥
金州 客场 对阵 波特兰
---
Philadelphia vs Jacksonville at London, GBR. 9:30 a.m.
Chicago at Green Bay, 1 p.m.
Cincinnati at Miami, 1 p.m.
Cleveland at N.Y. Jets, 1 p.m.
Houston at Tennessee, 1 p.m.
Indianapolis at Pittsburgh, 1 p.m.
Las Vegas at New England, 1 p.m.
Minnesota at New Orleans, 1 p.m.
N.Y. Giants at Washington, 1 p.m.
Denver at L.A. Chargers, 4:05 p.m.
Detroit at Arizona, 4:25 p.m.
San Francisco at Seattle, 4:25 p.m.
Baltimore at Atlanta, 8:20 p.m.
---
布鲁克林 124, 夏洛特 90
新奥尔良 116, 俄克拉荷马城 110
金州 124, 洛杉矶湖人 98
丹佛 117, 犹他 106
---
Buffalo at L.A. Rams, 8:15 p.m.
RESULTS AS OF WEDNESDAY, OCTOBER 7, 9:25 P.M.
CFL
EAST DIVISION | GP | W | L | PF | PA | Pt | y-Montreal | 15 | 12 | 3 | 535 | 420 | 24 | x-Toronto | 16 | 9 | 7 | 462 | 455 | 18 | Hamilton | 16 | 5 | 11 | 396 | 474 | 10 | Ottawa | 15 | 0 | 15 | 355 | 558 | 0 | WEST DIVISION | GP | W | L | PF | PA | Pt | x-Edmonton | 15 | 11 | 4 | 470 | 382 | 22 | British Columbia | 15 | 9 | 6 | 452 | 398 | 18 | Saskatchewan | 15 | 8 | 7 | 430 | 408 | 16 | Calgary | 16 | 8 | 8 | 572 | 541 | 16 | Winnipeg | 15 | 7 | 8 | 383 | 419 | 14 | WEEK 19
Bye: Toronto
Friday
All Times Eastern
Edmonton at Hamilton, 7 p.m.
Ottawa at British Columbia, 10 p.m.
Calgary at Winnipeg, 7 p.m.
Monday, Oct. 12
Saskatchewan at Montreal, 1 p.m.
Toronto at McMaster, 12 p.m.
PRESEASON
---
---
Indiana 123 Minnesota 112
Milwaukee at Oklahoma City
Orlando at Memphis
Phoenix at Chicago
Golden State at Portland
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波士顿 客场 对阵 克利夫兰,晚上 7 点
新奥尔良 客场 对阵 迈阿密,晚上 7:30
费城 客场 对阵 布鲁克林,晚上 7:30
华盛顿 客场 对阵 纽约,晚上 7:30
亚特兰大 客场 对阵 圣安东尼奥,晚上 8 点
萨克拉门托 客场 对阵 洛杉矶湖人,晚上 10:30
---
Brooklyn 124, Charlotte 90
New Orleans 116, Oklahoma City 110
Golden State 124, L.A. Lakers 98
Denver 117, Utah 106
---
---
---
哈特福德 对阵 普罗维登斯,晚上 7:05
锡拉丘兹 对阵 罗切斯特,晚上 7:05
阿博茨福德 对阵 科罗拉多,晚上 9:05
马尼托巴 对阵 格兰 {Rapids},晚上 7
多伦多 对阵 汉密尔顿,晚上 7
罗克福德 对阵 艾奥瓦,晚上 8
贝克斯菲尔德 对阵 卡尔加里,晚上 9
圣迭戈 对阵 科切拉谷,晚上 10
图森 对阵 圣何塞,晚上 10
U SPORTS 橄榄球
第七周
周五
NBA
MLS
东部赛区
| 场次< / > 胜< / > 负< / > 平< / > 进球< / > 失球< / > 积分< / > | x-纳什维尔< / > 27< / > 18< / > 3< / > 6< / > 55< / > 21< / > 60< / >< / > 新英格兰< / > 27< / > 14< / > 9< / > 4< / > 45< / > 36< / > 46< / >< / > 迈阿密< / > 27< / > 12< / > 5< / > 10< / > 64< / > 50< / > 46< / >< / > 芝加哥< / > 27< / > 13< / > 8< / > 6< / > 49< / > 39< / > 45< / >< / > 夏洛特< / > 27< / > 12< / > 8< / > 7< / > 47< / > 38< / > 43< / >< / > 费城< / > 27< / > 11< / > 10< / > 6< / > 54< / > 44< / > 39< / >< / > 奥兰多< / > 27< / > 10< / > 13< / > 4< / > 48< / > 64< / > 34< / >< / > 辛辛那提< / > 26< / > 8< / > 9< / > 55< / > 64< / > 33< / >< / > 纽约红牛< / > 27< / > 9< / > 12< / > 6< / > 34< / > 51< / > 33< / >< / > 纽约城< / > 27< / > 8< / > 10< / > 9< / > 41< / > 36< / > 33< / >< / > 华盛顿< / > 26< / > 6< / > 8< / > 12< / > 34< / > 42< / > 30< / >< / > 哥伦布< / > 27< / > 8< / > 14< / > 5< / > 39< / > 43< / > 29< / >< / > 多伦多< / > 27< / > 6< / > 10< / > 11< / > 39< / > 51< / > 29< / >< / > 亚特兰大< / > 27< / > 7< / > 14< / > 6< / > 32< / > 45< / > 27< / >< / > 蒙特利尔< / > 27< / > 6< / > 15< / > 6< / > 34< / > 54< / > 24< / > |
西部赛区
< / > 场次< / > 胜< / > 负< / > 平< / > 进球< / > 失球< / > 积分< / >< / > 温哥华< / > 27< / > 15< / > 7< / > 5< / > 60< / > 29< / > 50< / >< / > 圣路易斯< / > 27< / > 13< / > 6< / > 8< / > 48< / > 36< / > 47< / >< / > 达拉斯< / > 27< / > 13< / > 6< / > 8< / > 50< / > 42< / > 47< / >< / > 圣何塞< / > 27< / > 13< / > 8< / > 6< / > 49< / > 39< / > 45< / >< / > 休斯顿< / > 27< / > 13< / > 9< / > 5< / > 34< / > 32< / > 44< / >< / > 洛杉矶FC< / > 28< / > 11< / > 9< / > 8< / > 43< / > 30< / > 41< / >< / > 西雅图< / > 27< / > 10< / > 9< / > 8< / > 35< / > 38< / >< / > 科罗拉多< / > 27< / > 11< / > 13< / > 3< / > 38< / > 36< / >< / > 洛杉矶银河< / > 28< / > 9< / > 10< / > 9< / > 37< / > 44< / > 36< / >< / > 波特兰< / > 27< / > 9< / > 13< / > 5< / > 48< / > 51< / > 32< / >< / > 盐湖城< / > 27< / > 9< / > 13< / > 5< / > 40< / > 44< / > 32< / >< / > 圣迭戈< / > 27< / > 8< / > 11< / > 8< / > 47< / > 32< / >< / > 奥斯汀< / > 27< / > 7< / > 10< / > 35< / > 47< / > 31< / >< / > 明尼苏达< / > 27< / > 7< / > 12< / > 8< / > 40< / > 49< / > 29< / >< / > 堪萨斯城< / > 27< / > 6< / > 18< / > 3< / > 32< / > 65< / > 21< / > |
---
Boston at Cleveland, 7 p.m.
New Orleans at Miami, 7:30 p.m.
Philadelphia at Brooklyn, 7:30 p.m.
Washington at New York, 7:30 p.m.
Atlanta at San Antonio, 8 p.m.
Sacramento at L.A. Lakers, 10:30 p.m.
---
x — 已获得季后赛资格
芝加哥 3 温哥华 1
NSL
| GP< / > W< / > L< / > T< / > GF< / > GA< / > Pt< / > | x-蒙特利尔< / > 23< / > 11< / > 4< / > 8< / > 40< / > 25< / > 41< / >< / > x-多伦多< / > 23< / > 11< / > 5< / > 7< / > 38< / > 22< / > 40< / >< / > x-渥太华< / > 23< / > 11< / > 8< / > 4< / > 44< / > 41< / > 37< / >< / > 哈利法克斯< / > 23< / > 7< / > 10< / > 6< / > 21< / > 27< / >< / > 温哥华< / > 23< / > 8< / > 12< / > 3< / > 42< / > 49< / > 27< / >< / > 卡尔加里< / > 23< / > 4< / > 13< / > 6< / > 25< / > 52< / > 18< / > |
x — 已获得季后赛资格;注:胜一场得三分,平一场得一分。10月17日周六
蒙特利尔 客场 对阵 哈利法克斯,下午 2 点
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卡尔加里 客场 对阵 多伦多,下午 1 点
温哥华 客场 对阵 渥太华,下午 4 点
CPL
< / > GP< / > W< / > L< / > T< / > GF< / > GA< / > Pt< / >< / > x-卡尔加里< / > 25< / > 16< / > 4< / > 5< / > 51< / > 19< / > 53< / >< / > x-汉密尔顿< / > 25< / > 15< / > 4< / > 6< / > 41< / > 20< / > 51< / >< / > x-渥太华< / > 25< / > 12< / > 9< / > 4< / > 38< / > 41< / > 40< / >< / > 温哥华< / > 25< / > 9< / > 10< / > 6< / > 35< / > 33< / >< / > 魁北克< / > 25< / > 9< / > 12< / > 4< / > 38< / > 45< / > 31< / >< / > 哈利法克斯< / > 25< / > 7< / > 12< / > 6< / > 38< / > 42< / > 27< / >< / > 多伦多< / > 25< / > 6< / > 10< / > 9< / > 40< / > 56< / > 27< / >< / > 维多利亚< / > 25< / > 2< / > 15< / > 8< / > 30< / > 55< / > 14< / > |
周二
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Hartford at Providence, 7:05 p.m.
Syracuse at Rochester, 7:05 p.m.
Abbotsford at Colorado, 9:05 p.m.
Manitoba at Grand Rapids, 7 p.m.
Toronto at Hamilton, 7 p.m.
Rockford at Iowa, 8 p.m.
Bakersfield at Calgary, 9 p.m.
San Diego at Coachella Valley, 10 p.m.
Tucson at San Jose, 10 p.m.
U SPORTS FOOTBALL
WEEK SEVEN
Friday
NBA
MLS
EASTERN CONFERENCE | GP | W | L | T | GF | GA | Pt | x-Nashville | 27 | 18 | 3 | 6 | 55 | 21 | 60 | New England | 27 | 14 | 9 | 4 | 45 | 36 | 46 | Miami | 27 | 12 | 5 | 10 | 64 | 50 | 46 | Chicago | 27 | 13 | 8 | 6 | 49 | 39 | 45 | Charlotte | 27 | 12 | 8 | 7 | 47 | 38 | 43 | Philadelphia | 27 | 11 | 10 | 6 | 54 | 44 | 39 | Orlando | 27 | 10 | 13 | 4 | 48 | 64 | 34 | Cincinnati | 26 | 8 | 9 | 9 | 55 | 64 | 33 | N.Y. Red Bulls | 27 | 9 | 12 | 6 | 34 | 51 | 33 | N.Y. City F.C. | 27 | 8 | 10 | 9 | 41 | 36 | 33 | D.C. | 26 | 6 | 8 | 12 | 34 | 42 | 30 | Columbus | 27 | 8 | 14 | 5 | 39 | 43 | 29 | Toronto | 27 | 6 | 10 | 11 | 39 | 51 | 29 | Atlanta | 27 | 7 | 14 | 6 | 32 | 45 | 27 | Montreal | 27 | 6 | 15 | 6 | 34 | 54 | 24 | WESTERN CONFERENCE | GP | W | L | T | GF | GA | Pt | Vancouver | 27 | 15 | 7 | 5 | 60 | 29 | 50 | St. Louis | 27 | 13 | 6 | 8 | 48 | 36 | 47 | Dallas | 27 | 13 | 6 | 8 | 50 | 42 | 47 | San Jose | 27 | 13 | 8 | 6 | 49 | 39 | 45 | Houston | 27 | 13 | 9 | 5 | 34 | 32 | 44 | L.A. F.C. | 28 | 11 | 9 | 8 | 43 | 30 | 41 | Seattle | 27 | 10 | 9 | 8 | 35 | 35 | 38 | Colorado | 27 | 11 | 13 | 3 | 38 | 38 | 36 | L.A. Galaxy | 28 | 9 | 10 | 9 | 37 | 44 | 36 | Portland | 27 | 9 | 13 | 5 | 48 | 51 | 32 | Salt Lake City | 27 | 9 | 13 | 5 | 40 | 44 | 32 | San Diego | 27 | 8 | 11 | 8 | 47 | 47 | 32 | Austin | 27 | 7 | 10 | 10 | 35 | 47 | 31 | Minnesota | 27 | 7 | 12 | 8 | 40 | 49 | 29 | Kansas City | 27 | 6 | 18 | 3 | 32 | 65 | 21 | ---
魁北克 2 多伦多 1
汉密尔顿 3 维多利亚 0
---
x — clinched playoff berth
Chicago 3 Vancouver 1
NSL | GP | W | L | T | GF | GA | Pt | x-Montreal | 23 | 11 | 4 | 8 | 40 | 25 | 41 | x-Toronto | 23 | 11 | 5 | 7 | 38 | 22 | 40 | x-Ottawa | 23 | 11 | 8 | 4 | 44 | 41 | 37 | Halifax | 23 | 7 | 10 | 6 | 21 | 21 | 27 | Vancouver | 23 | 8 | 12 | 3 | 42 | 49 | 27 | Calgary | 23 | 4 | 13 | 6 | 25 | 52 | 18 | x — clinched playoff berth; Note: Three points awarded for a win, one for a tie. Saturday Oct 17
Montreal at Halifax, 2 p.m.
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温哥华客场对阵魁北克,下午4点
NHL
东部会议
大西洋赛区
| GP< / > W< / > L< / > OT< / > GF< / > GA< / > Pt< / > | 佛罗里达< / > 4< / > 2< / > 0< / > 2< / > 8< / > 6< / >< / > 渥太华< / > 3< / > 2< / > 1< / > 0< / > 10< / > 8< / > 4< / >< / > 坦帕湾< / > 3< / > 2< / > 1< / > 0< / > 8< / > 7< / > 4< / >< / > 布法罗< / > 3< / > 2< / > 1< / > 0< / > 10< / > 11< / > 4< / >< / > 多伦多< / > 4< / > 2< / > 0< / > 11< / > 4< / >< / > 波士顿< / > 4< / > 2< / > 0< / > 9< / > 11< / > 4< / >< / > 蒙特利尔< / > 3< / > 1< / > 12< / > 14< / > 3< / >< / > 底特律< / > 3< / > 1< / > 2< / > 0< / > 7< / > 8< / > 2< / > |
纽约游骑兵< / > 5< / > 4< / > 1< / > 0< / > 16< / > 8< / >< / > 卡罗来纳< / > 4< / > 2< / > 1< / > 11< / > 12< / > 5< / >< / > 匹兹堡< / > 3< / > 2< / > 1< / > 0< / > 15< / > 8< / > 4< / >< / > 华盛顿< / > 2< / > 1< / > 0< / > 6< / > 5< / > 2< / >< / > 哥伦布< / > 2< / > 1< / > 0< / > 7< / > 2< / >< / > 纽约岛民< / > 3< / > 1< / > 2< / > 0< / > 9< / > 7< / > 2< / >< / > 新泽西< / > 3< / > 1< / > 2< / > 0< / > 6< / > 13< / > 2< / >< / > 费城< / > 4< / > 0< / > 2< / > 5< / > 17< / > 2< / > |
星期三
科罗拉多客场对阵温尼伯
匹兹堡客场对阵华盛顿
埃德蒙顿客场对阵安纳海姆
底特律 5, 渥太华 3
布法罗 3, 明尼苏达 2, 加时赛
多伦多 5, 纳什维尔 4, 加时赛
犹他 5, 新泽西 3
卡罗来纳 6, 蒙特利尔 4
纽约游骑兵 5, 纽约岛民 2
芝加哥 4, 圣路易斯 2
拉斯维加斯 6, 西雅图 2
佛罗里达 2, 洛杉矶 1
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Calgary at Toronto, 1 p.m.
Vancouver at Ottawa, 4 p.m.
CPL | GP | W | L | T | GF | GA | Pt | x-Calgary | 25 | 16 | 4 | 5 | 51 | 19 | 53 | x-Hamilton | 25 | 15 | 4 | 6 | 41 | 20 | 51 | x-Ottawa | 25 | 12 | 9 | 4 | 38 | 41 | 40 | Vancouver | 25 | 9 | 10 | 6 | 35 | 33 | 33 | Quebec | 25 | 9 | 12 | 4 | 38 | 45 | 31 | Halifax | 25 | 7 | 12 | 6 | 38 | 42 | 27 | Toronto | 25 | 6 | 10 | 9 | 40 | 56 | 27 | Victoria | 25 | 2 | 15 | 8 | 30 | 55 | 14 | Tuesday
---
---
Quebec 2 Toronto 1
Hamilton 3 Victoria 0
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弗林特 5 基奇纳 2
星期四 — 均为东部时间
金斯顿客场对阵巴里,晚上7点
渥太华客场对阵尼亚加拉,晚上7点
萨德伯里客场对阵北湾,晚上7点
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Vancouver at Quebec, 4 p.m.
NHL
EASTERN CONFERENCE
ATLANTIC DIVISION | GP | W | L | OT | GF | GA | Pt | Florida | 4 | 2 | 0 | 2 | 8 | 8 | 6 | Ottawa | 3 | 2 | 1 | 0 | 10 | 8 | 4 | Tampa Bay | 3 | 2 | 1 | 0 | 8 | 7 | 4 | Buffalo | 3 | 2 | 1 | 0 | 10 | 11 | 4 | Toronto | 4 | 2 | 2 | 0 | 11 | 11 | 4 | Boston | 4 | 2 | 2 | 0 | 9 | 11 | 4 | Montreal | 3 | 1 | 1 | 1 | 12 | 14 | 3 | Detroit | 3 | 1 | 2 | 0 | 7 | 8 | 2 | N.Y. Rangers | 5 | 4 | 1 | 0 | 16 | 8 | 8 | Carolina | 4 | 2 | 1 | 1 | 11 | 12 | 5 | Pittsburgh | 3 | 2 | 1 | 0 | 15 | 8 | 4 | Washington | 2 | 1 | 1 | 0 | 6 | 5 | 2 | Columbus | 2 | 1 | 1 | 0 | 7 | 7 | 2 | N.Y. Islanders | 3 | 1 | 2 | 0 | 9 | 7 | 2 | New Jersey | 3 | 1 | 2 | 0 | 6 | 13 | 2 | Philadelphia | 4 | 0 | 2 | 2 | 5 | 17 | 2 | Wednesday
Colorado at Winnipeg
Pittsburgh at Washington
Edmonton at Anaheim
Detroit 5, Ottawa 3
Buffalo 3, Minnesota 2, OT
Toronto 5, Nashville 4, OT
Utah 5, New Jersey 3
Carolina 6, Montreal 4
N.Y. Rangers 5, N.Y. Islanders 2
Chicago 4, St. Louis 2
Vegas 6, Seattle 2
Florida 2, Los Angeles 1
---
奥沙瓦客场对阵萨尼亚,晚上7:05
彼得伯勒客场对阵萨德伯里,晚上7:05
欧文桑德客场对阵圭尔夫,晚上7:07
基奇纳客场对阵苏圣玛丽,晚上7:07
金斯顿客场对阵布兰普顿,晚上7点
伊利客场对阵伦敦,晚上7点
---
---
---
Flint 5 Kitchener 2
Thursday — All Times Eastern
Kingston at Barrie, 7 p.m.
Ottawa at Niagara, 7 p.m.
Sudbury at North Bay, 7 p.m.
---
纽芬兰 6 B-Boisbriand 3 肖尼根客场对阵维多利亚维尔
星期四 — 均为东部时间
鲁安-诺兰达客场对阵哈利法克斯,晚上6点
德拉蒙德维尔客场对阵蒙克顿,晚上6点
---
Oshawa at Sarnia, 7:05 p.m.
Peterborough at Sudbury, 7:05 p.m.
Owen Sound at Guelph, 7:07 p.m.
Kitchener at Sault Ste. Marie, 7:07 p.m.
Kingston at Brampton, 7 p.m.
Erie at London, 7 p.m.
---
布兰登客场对阵卡姆卢普斯
斯威夫特卡伦特客场对阵基洛纳
莱斯布里奇客场对阵三城
---
---
斯威夫特卡伦特 3 彭蒂克顿 2
布兰登 2 温哥华 1
西部会议
中部赛区
| GP< / > W< / > L< / > OT< / > GF< / > GA< / > Pt< / > | 犹他< / > 4< / > 3< / > 1< / > 0< / > 17< / > 8< / > 6< / >< / > 明尼苏达< / > 3< / > 2< / > 0< / > 1< / > 9< / > 5< / >< / > 温尼伯< / > 3< / > 2< / > 0< / > 1< / > 9< / > 8< / > 5< / >< / > 科罗拉多< / > 2< / > 0< / > 14< / > 5< / > 4< / >< / > 纳什维尔< / > 3< / > 1< / > 7< / > 9< / > 3< / >< / > 达拉斯< / > 3< / > 1< / > 2< / > 0< / > 6< / > 2< / >< / > 圣路易斯< / > 3< / > 1< / > 2< / > 0< / > 7< / > 10< / > 2< / >< / > 芝加哥< / > 4< / > 1< / > 3< / > 0< / > 9< / > 17< / > 2< / > |
拉斯维加斯< / > 4< / > 3< / > 1< / > 0< / > 17< / > 10< / > 6< / >< / > 埃德蒙顿< / > 3< / > 2< / > 0< / > 1< / > 17< / > 14< / > 5< / >< / > 安纳海姆< / > 2< / > 0< / > 7< / > 5< / > 4< / >< / > 圣何塞< / > 3< / > 2< / > 1< / > 0< / > 9< / > 12< / > 4< / >< / > 西雅图< / > 4< / > 2< / > 0< / > 15< / > 11< / > 4< / >< / > 温哥华< / > 4< / > 2< / > 0< / > 19< / > 18< / > 4< / >< / > 洛杉矶< / > 3< / > 0< / > 2< / > 1< / > 9< / > 15< / > 1< / >< / > 卡尔加里< / > 3< / > 0< / > 3< / > 0< / > 3< / > 16< / > 0< / > |
---
Newfoundland 6 B-Boisbriand 3 Shawinigan at Victoriaville
Thursday — All Times Eastern
Rouyn-Noranda at Halifax, 6 p.m.
Drummondville at Moncton, 6 p.m.
---
所有时间均为东部时间
达拉斯 客场 对阵 布法罗,晚上 7 点
明尼苏达 客场 对阵 坦帕湾,晚上 7 点
纳什维尔 客场 对阵 蒙特利尔,晚上 7 点
费城 客场 对阵 渥太华,晚上 7 点
犹他 客场 对阵 波士顿,晚上 7 点
温哥华 客场 对阵 卡罗来纳,晚上 7 点
芝加哥 客场 对阵 纽约岛人,晚上 7:30
圣何塞 客场 对阵 圣路易斯,晚上 8 点
科罗拉多 客场 对阵 卡尔加里,晚上 9 点
多伦多 客场 对阵 拉斯维加斯,晚上 10 点
---
---
周四(所有时间均为东部时间)
---
Brandon at Kamloops
Swift Current at Kelowna
Lethbridge at Tri-City
---
MLB:克利夫兰 对阵 芝加哥白袜,SN Ontario,下午 5 点
\*MLB:坦帕湾光芒 对阵 纽约洋基,SN 1, Ontario, East, West,晚上 8 点
---
Swift Current 3 Penticton 2
Brandon 2 Vancouver 1
WESTERN CONFERENCE
CENTRAL DIVISION | GP | W | L | OT | GF | GA | Pt | Utah | 4 | 3 | 1 | 0 | 17 | 8 | 6 | Minnesota | 3 | 2 | 0 | 1 | 9 | 5 | 5 | Winnipeg | 3 | 2 | 0 | 1 | 9 | 8 | 5 | Colorado | 2 | 2 | 0 | 0 | 14 | 5 | 4 | Nashville | 3 | 1 | 1 | 1 | 7 | 9 | 3 | Dallas | 3 | 1 | 2 | 0 | 6 | 6 | 2 | St. Louis | 3 | 1 | 2 | 0 | 7 | 10 | 2 | Chicago | 4 | 1 | 3 | 0 | 9 | 17 | 2 | Vegas | 4 | 3 | 1 | 0 | 17 | 10 | 6 | Edmonton | 3 | 2 | 0 | 1 | 17 | 14 | 5 | Anaheim | 2 | 2 | 0 | 0 | 7 | 5 | 4 | San Jose | 3 | 2 | 1 | 0 | 9 | 12 | 4 | Seattle | 4 | 2 | 2 | 0 | 15 | 11 | 4 | Vancouver | 4 | 2 | 2 | 0 | 19 | 18 | 4 | Los Angeles | 3 | 0 | 2 | 1 | 9 | 15 | 1 | Calgary | 3 | 0 | 3 | 0 | 3 | 16 | 0 | ---
NBA季前赛:华盛顿 对阵 纽约尼克斯,NBA TV Canada,晚上 7:30
NBA季前赛:萨克拉门托 对阵 洛杉矶湖人,NBA TV Canada,晚上 10:30
---
All Times Eastern
Dallas at Buffalo, 7 p.m.
Minnesota at Tampa Bay, 7 p.m.
Nashville at Montreal, 7 p.m.
Philadelphia at Ottawa, 7 p.m.
Utah at Boston, 7 p.m.
Vancouver at Carolina, 7 p.m.
Chicago at N.Y. Islanders, 7:30 p.m.
San Jose at St. Louis, 8 p.m.
Colorado at Calgary, 9 p.m.
Toronto at Vegas, 10 p.m.
---
NFL:坦帕湾 对阵 达拉斯,CTV, TSN 1, 8:15 p.m.
---
THURSDAY (ALL TIMES EASTERN)
---
DP World:西班牙公开赛,第一轮,Golf Channel,上午 8 点
PGA Korn Ferry巡回赛冠军赛,Golf Channel,下午 3 点
PGA:Baycurrent经典赛,第二轮,Golf Channel,晚上 11 点
---
MLB: Cleveland vs. Chicago White Sox, SN Ontario, 5 p.m.
\*MLB: Tampa Bay Rays vs. N.Y. Yankees, SN 1, Ontario, East, West, 8 p.m.
---
NHL:温哥华 对阵 卡罗来纳,SN Pacific,晚上 7 点
NH:: 纳什维尔 对阵 蒙特利尔,TSN 2, 7 p.m.
NHL:科罗拉多 对阵 卡尔加里,SN West,晚上 9 点
NHL:多伦多 对阵 拉斯维加斯, 4, 10 p.m.
---
NBA Preseason: Washington vs. N.Y.
Knicks, NBA TV Canada, 7:30 p.m.
NBA Preseason: Sacramento vs. L.A.
Lakers, NBA TV Canada, 10:30 p.m.
---
WTA:中国公开赛,四分之一决赛, 4, 7 a.m., 周五, 3 a.m.
ATP:上海大师赛, 1, 2, 12 a.m.
\*如有必要
CORNERED

"现在,拿这笔奖金去投资一些长期项目——比如,20 年期的。"
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NFL: Tampa Bay vs. Dallas, CTV, TSN 1, 8:15 p.m.
---

今年3月,在纽泽西州哈里森举行的 SheBelieves 杯对阵阿根廷的比赛中,加拿大的凯莉·亨特(Kaylee Hunter)在带球。亨特在 NSL 的首个赛季中进球数排名第二。ANGELA WEISS / AFP VIA GETTY IMAGES
这位来自卡尔加里的 18 岁前锋
在 NSL 的 AFC 多伦多队表现强势
丹尼尔·雷恩伯德(DANIEL RAINBIRD) 蒙特利尔
珍妮·索尼斯(Janine Sonis)在加拿大女足国家队训练营中度过了十多年,她认为青少年天才凯莉·亨特拥有能够达到任何她想达到的高度的素质。
“她拥有一切,”索尼斯说。“身体能力、速度、足球智商、技术能力……她在比赛中所能做到的事情是没有上限的。”
在 under-20 世界杯上表现出色——她在加拿大 16 强赛击败法国的比赛中上演了一场惊人的帽子戏法——之后,亨特被召入加拿大成年队训练营,准备参加即将到来的两场对阵丹麦的友谊赛。
这位来自卡尔加里的 18 岁前锋自去年以来就备受关注,她是北方超级联赛(Northern Super League, NSL)AFC 多伦多队的头号得分手。
在 NSL 的首个赛季中,亨特在 25 场比赛中打入 16 球,进球数排名第二;今年到目前为止,她在 18 场联赛中已打入 9 球。
索尼斯认为,这位球员在未来几年能够支撑起女足国家队的计划。
“这太不可思议了。我是她的超级粉丝,”索尼斯在周三于蒙特利尔萨普托体育场(Stade Saputo)训练后表示。“作为一名如此年轻的球员,她所拥有的天赋和渴望将推动这支球队在很长一段时间内向前发展。”
“她在 U-20 世界杯上的表现非常精彩,我认为这仅仅是她能力的冰山一角。她才刚刚展现潜力。”
自从筹备已久的加拿大女子职业联赛在不到两年前启动以来,亨特是几位成功进入国家队的球员之一。她说,很大程度上由于 NSL 的存在,她的崛起速度比她想象的要快得多。
“老实说,感觉就像昨天我才第一次穿上
加拿大足协称尤斯塔基奥的伤势并不严重
加拿大足协表示,斯蒂芬·尤斯塔基奥(Stephen Eustáquio)在周二 1-0 负于美国的友谊赛中受到的伤势在接受 X 光检查后看来并不严重,这位斯旺西的中场球员已完成了检查。
在联盟球场(Allianz Field)的比赛第 40 分钟,尤斯塔基奥在与吉奥·雷纳(Gio Reyna)的一次对抗后重重地摔在草地上。
AFC 球衣和国家队球衣的时候,”她说。“NSL 非常重要,这也是建立该联赛的原因,旨在为我们国家队的一线队输送人才。”
“我非常感谢 NSL,否则我可能不会在这里,因为我可能还在踢青年队,或者可能在读大学。”
排名 FIFA 世界排名第九的加拿大队将于周五在蒙特利尔,以及周一在多伦多的 BMO 球场主场迎战排名第 12 的丹麦队。这些比赛是 11 月 28 日在
加拿大队的副队长暂时留在场上,直到教练杰西·马什(Jesse Marsch)在半场将其替换为马修·肖尼埃(Mathieu Choinière)。
29 岁的尤斯塔基奥周二晚上在明尼苏达州接受了肩部检查,随后返回斯旺西接受进一步评估。
中北美及加勒比海足球联合会(CONCACAF)女足锦标赛之前的一次衡量,该锦标赛是 2027 年巴西世界杯和 2028 年洛杉矶奥运会的资格赛。
亨特是否能在加拿大队教练凯西·斯通尼(Casey Stoney)的计划中保留位置仍有待观察,但斯通尼很喜欢她在 under-20 世界杯上的表现。
“她的比赛中仍有需要提高的地方。她还很年轻,对吧?但我认为她表现非常突出,”斯通尼在两周前的阵容公布新闻发布会上说。“她完全配得上这次召—
这位出生于安大略省莱明顿的球员在结婚后较晚地加入了训练营,但在国际比赛日期间参加了全部三场比赛,加拿大在主场击败了智利和秘鲁,随后负于美国队。
斯旺西将在周六的主场迎战诺维奇城。——加拿大新闻社
……进步,我认为她的前途光明。”
亨特曾在卡尔加里暴风雪足球俱乐部(Calgary Blizzard SC)和白帽足球俱乐部女子精英队(Whitecaps FC Girls Elite)踢青训,她知道自己面临的挑战很大,但仍梦想着明年夏天能在巴西身披加拿大的战袍。
在俱乐部层面,她的目标是前往欧洲踢球,不过她并不急于求成。
“我在AFC表现依然不错,也很享受在那里踢球,但显然在未来几年我想转会到欧洲,”这位切尔西支持者说道,“我们只需要看看时机是否成熟,我不知道那会是什么时候,但我很期待。”
进球机器索尼斯
亨特并不是唯一状态火热的国家队球员。索尼斯(原姓贝基)在国家女子足球联赛的丹佛峰会足球俱乐部(Denver Summit FC)度过了一个辉煌的赛季,作为左后卫在26场比赛中贡献了12个进球和6次助攻。她在周日打入了最近一个进球,当时她通过一次小角度传中骗过了芝加哥之星足球俱乐部(Chicago Stars FC)的门将凯蒂·阿特金森,球直入网底。
这位32岁的球员长期担任前锋,她表示自己的速度和耐力帮助她在翼卫位置上脱颖而出。
“为了能在球场上往返奔跑,既能履行防守职责又能参与进攻,我认为在90多分钟的时间里持续追踪一名后卫是非常困难的,”索尼斯说,“这就是我比赛时的意图,即让边锋的工作尽可能艰难。而且由于我一生都在踢前锋,我体内拥有前锋的本能,所以这两者结合得很好。”
索尼斯在加拿大最近的一场比赛中也上演了帽子戏法,该场比赛于6月9日举行,加拿大以6-0大胜哥斯达黎加。
征召考特诺尔
在即将到来的友谊赛之前,加拿大将圣迭戈波浪足球俱乐部(San Diego Wave FC)的后卫布鲁克林·考特诺尔(Brooklyn Courtnall)加入了女子国家队名单。这位来自洛杉矶的23岁球员是前蒙特利尔加拿大人队前锋拉斯·考特诺尔(Russ Courtnall)的女儿,后者在效力该球队的4个赛季中打入了82球。
布鲁克林·考特诺尔在“她相信”杯(SheBelieves Cup)上完成了成年队首秀,在3月1日以4-1战胜哥伦比亚的比赛中替补瓦内萨·吉莱斯登场。她在随后的赛事中首次首发,在3月7日通过点球大战战胜阿根廷的比赛中踢满了90分钟。
——加拿大新闻社
DP World: Open de Espana, 1st Rd., Golf Channel, 8 a.m.
PGA Korn Ferry Tour Championship, Golf Channel, 3 p.m.
PGA: Baycurrent Classic, 2nd Rd., Golf Channel, 11 p.m.
---
唐娜·斯宾塞 卡尔加里
阿尔伯塔省实行永久夏令时的举措,将使卡尔加里火焰队及其球迷在本赛季 NHL 的几次比赛中变成“夜猫子”。
在火焰队的 8 场比赛中,开球时间为晚上 9 点,其中包括 2 场在鞍马体育馆(Saddledome)举行的比赛。
“职业运动员必须采取必要措施来做好准备,”火焰队队长米凯尔·巴克伦德(Mikael Backlund)表示,“现在有咖啡可以喝。”
火焰队前锋瑞安·斯特罗姆(Ryan Strome)有 6, 5 和 2 岁的孩子,在前往鞍马体育馆参加深夜比赛之前,他可能有时间帮孩子洗澡。
“他们总是想来看比赛,但晚上 9 点的比赛他们肯定没法来,”斯特罗姆说,“这可能是最大的调整,因为那些晚上我的家庭成员不能来,所以我的门票就省下来了。”
阿尔伯塔省决定停止在 11 月将时钟后拨一小时以及在 3 月前拨一小时,而是保持夏令时——不列颠哥伦比亚省和马尼托巴省也采取了这一举措——这给由广播版权主导的 NHL 赛程带来了一些麻烦。
这使得西加拿大 NHL 球队的开球时间以及球迷观看比赛的时间变得多样化。
“这超出了我们的控制范围,”火焰队总裁兼首席执行官罗伯特·海耶斯(Robert Hayes)表示,“在我的职业生涯中,我一直说‘让我们专注于我们可以控制的事情’,而这件事我们控制不了。”
“这是省政府做出的决定……而其他人也做出了决定,确定了冰球比赛的开始时间。”
在 12 月 10 日开始的东部客场之旅之前,火焰队只有一次连续两场比赛在同一时间开始。
“看日历和赛程,今年的多样性很大,”巴克伦德说。
卡尔加里确实有 8 场下午场比赛,开始时间在下午 2:30 或更早,而 2025-26 赛季只有 5 场。
“我们的下午场比赛增加了。这对家庭观众来说会很令人兴奋,”海耶斯说。
“至于晚上 9 点的比赛,我希望这意味着——我得措辞谨慎地表达——如果恰好在周六晚上 9 点开赛,会有一种更浓厚的派对氛围。”
卡尔加里在鞍马体育馆晚上 9 点开赛的比赛分别是 12 月 26 日对阵温哥华加能骑队和 1 月 16 日对阵洛杉矶国王队。
埃德蒙顿有 7 场比赛在晚上 9 点开始,包括 11 月 7 日在罗杰斯广场(Rogers Place)对阵加能骑队,以及 3 月 6 日对阵芝加哥黑鹰队。
“我觉得我不会像在家里观看的家人那样明显感觉到,”来自多伦多的油人队后卫杰克·沃尔曼(Jake Walman)说,“他们可能会很辛苦地坚持看完那场比赛。”
他的队友特伦特·弗雷德里克(Trent Frederic)将为在罗杰斯广场的深夜比赛调整睡眠习惯。
“听起来很奇怪,但我会尝试在前一天晚上稍微晚一点睡觉,可能会晚一点午睡,午餐时间也比平时晚一点,”他说。
“午睡很重要,至少对我来说是这样。很多时候在比赛之后,尤其是深夜比赛,你睡觉很晚,大脑依然处于兴奋状态,所以坚持高质量的午睡非常重要。”
马尼托巴省在 9 月 17, 宣布该省将永久实行夏令时,当天也是 NHL 训练营球员登冰之日。
次日,NHL 对温尼伯喷气机队的 12 场主场比赛进行了调整,将时间推后一小时,但没有一场晚于当地时间晚上 7:30。马尼托巴省将在 11 月 1 日与多伦多处于同一时区。
不过,温尼伯的客场赛程中仍为喷气机队的球迷保留了一些深夜场,包括 2 月 13 日晚上 10 点对阵加能骑队的比赛,以及 12 月 2, 晚上 9:30 对阵犹他猛犸象队的比赛。
西海岸的加能骑队在客场也有一些古怪的开赛时间,包括下午 4:45 和晚上 7:40。
在 1 月下旬的一次 7 场客场之旅中,包含了 5 个不同的开赛时间,范围从中午 12 点到下午 6 点。
“百分之百会有所不同,”加能客队前锋布伦丹·加拉格尔(Brendan Gallagher)表示。“这是我们从未真正经历过的事情。即使是赛季开局有一场晚上 8 点的比赛,也有一点不同,但我们会习惯的。”
“我们会制定计划,你可能会对其进行一些微调,但不会改变太多。一旦比赛开始,它依然是冰球,你得完成自己的任务。你会尽可能地坚持自己的常规习惯。”
加拿大新闻社(THE CANADIAN PRESS),由温哥华的 Gemma Karstens-Smith 提供资料
NHL: Vancouver vs. Carolina, SN Pacific, 7 p.m.
NH:: Nashville vs. Montreal, TSN 2, 7 p.m.
NHL: Colorado vs. Calgary, SN West, 9 p.m.
NHL: Toronto vs. Vegas, TSN 4, 10 p.m.
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来自 B11 版
韦克曼表示,在试图改变可能导致毒性文化的行为时,针对 15 岁以下年龄组开展教育是一个重要的起点。
“我们希望在他们足够年轻的时候……能够尽早改变这种叙事,”她说道。
达尔豪斯大学性暴力预防计划的教育顾问迪·杜利,正与该省的大学冰球运动员共同协助推进这一试点计划。
杜利还研究过大学学生运动员中的性暴力预防,她表示,体育文化往往在代际之间传递。
“同伴影响和同伴领导力的重要性无论如何强调都不为过,”她说道。“文化实际上是由其中的人们创造的。”
数十年来,欺凌(Hazing)和性暴力一直困扰着加拿大的冰球运动。
2023年,一名魁北克青年冰球联赛(Quebec Major Junior Hockey League)球员提交了一项集体诉讼申请,指控他在 20 世纪 90 年代的欺凌仪式中遭到虐待。
2023年,一名魁北克青年冰球联赛球员提交了一项集体诉讼申请,指控他在 20 世纪 90 年代的欺凌仪式中遭到虐待。
在前一年,加拿大冰球协会(Hockey Canada)遭到抨击,此前披露的一项秘密和解协议显示,该协会向一名女性支付了赔偿金,该女性指控她遭到了加拿大 2018 年世界青年锦标赛冰球队成员的性侵。2024 年,五名球员因该事件被指控性侵,并于去年被判无罪。
该项目的研究助理、前大学运动员杰奎琳·摩尔表示,虽然教育球员是改变冰球文化的重要组成部分,但每个人都需要发挥作用。
“我们还需要教练参与,需要管理层参与,需要家长参与,”她说道。“这真的需要整个社区的共同努力。”
加拿大通讯社(THE CANADIAN PRESS)
WTA: China Open, Quarterfinals, TSN 4, 7 a.m., Friday, 3 a.m.
ATP: Shanghai Masters, TSN 1, TSN 2, 12 a.m.
\*if necessary
CORNERED

"Now, take the reward money and invest it in something long-term – like, 20 years."
OFF THE MARK

MAKING SURE EVERYBODY HAS A HALLOWEEN COSTUME
©2026Mark Parisi Dist by Andrews McNeil Get a signed print: ctmCartoon@small.com offthemark.com
SPEED BUMP

BIZARRO

来自 B11 版
美国也进入了 16 强。在美国,这算是一场减轻了程度的灾难。红白蓝三色旗?排在第 9 到 16 位?如果我们讨论的是小学数学成绩,那确实值得庆祝,但在体育运动中?即使是那些花哨的运动?也是不可接受的。
波切蒂诺是否会被续约并非板上钉钉,但他确实被续约了。现在他持有涵盖整个世界杯周期的合同,并开始对阵容进行大胆的彻底改革。目前的名单中包括八名青少年。
一个有趣的实验在过去一周里变成了一套蓝图。美国在四场比赛中打入 12 球,其中七球由上述青少年球员打入。
其中最精彩的一球由 17 岁的卡万·沙利文在横扫墨西哥的比赛中打入。
自大萧条以来,美国一直是一个正在崛起的足球强国,但也许我们终于看到了真正的实力。这会不会是 2010 年代 NFL 脑震荡不快事件的长期影响?也许一些传统上被引导进入美式足球“大脑搅碎机”的天赋儿童,选择了全球足球这项损害较小的魅力运动。于是,奇迹发生了。
无论如何,美国现在看起来像是中北美及加勒比足联(CONCACAF)中的佼佼者。这很好,有一个目标可以追赶是有帮助的。即便如此,加拿大不可能在三年内依靠去年夏天大放异彩的那帮人一直保持同等水平。
阿尔方索·戴维斯距离退役只有一步之遥。目前核心成员中的其余人到下届世界杯时将年满 30 岁。
年龄和经验固然美好,但前提是它们必须建立在压倒性的能力之上。无论加拿大的能力如何,世界杯证明了它处于一个平庸的范围之内。
这意味着改变。巨大的改变。而且这种改变必须源自尚未完全显现的人才储备。火药味十足的采访很有趣——请继续保持——但挖掘那些人才才是马什真正的职责。

Canada's Kaylee Hunter dribbles during the SheBelieves Cup match against Argentina in Harrison, N.J., in March. Hunter finished second in goals in the NSL's inaugural season. ANGELA WEISS/AFP VIA GETTY IMAGES
Eighteen-year-old
striker from Calgary
has been dominant
with NSL's AFC Toronto
DANIEL RAINBIRD MONTREAL
Janine Sonis has spent more than a decade in Canadian women's national team camps, and she believes teenage phenom Kaylee Hunter has the tools to go as far as she wants.
“She’s got everything,” Sonis said. “The physical ability, the speed, the soccer IQ, the technical ability … there’s no ceiling to what she can do in the game.”
Hunter was called into Canada's senior camp for a pair of upcoming friendlies against Denmark after a standout showing at the under-20 World Cup, where she scored a sensational hat trick in Canada's round-of-16 victory over France.
The 18-year-old striker from Calgary has been turning heads since last year as the leading scorer for the Northern Super League's AFC Toronto.
After finishing second in goals with 16 in 25 games during the NSL's inaugural season, Hunter has scored nine times across 18 league contests so far this year.
Sonis sees a player who could carry the women's national team program for years to come.
"It's incredible. I'm a huge fan of hers," Sonis said after training Wednesday at Montreal's Stade Saputo. "The talent and desire that she has as such a young player is something that is going to drive this team forward for a long, long time.
“She had a wonderful U-20 World Cup, and I think it’s just a taste of what she can do. She’s just scratching the surface.”
Hunter is one of several players to break into the national team since the long-sought Canadian women's professional league kicked off less than two years ago. She says her rise has come faster than she ever imagined, thanks largely to the NSL.
"Honestly, it feels like yesterday was my first time putting on
EUSTÁQUIO'S INJURY NOT SERIOUS, CANADA SOCCER SAYS
Canada Soccer says the injury Stephen Eustáquio sustained in Tuesday's 1-0 friendly loss to the United States does not appear to be serious after the Swansea midfielder underwent an X-ray.
Eustáquio fell hard to the turf following a challenge by Gio Reyna in the 40th minute at Allianz Field.
an AFC jersey and the national team jersey," she said. "The NSL is huge and that's kind of why the league was instituted, to feed the first team of our national team.
“I give a lot of credit to the NSL, I probably wouldn’t be here because I’d still be playing youth or possibly going to university.”
Canada, which sits ninth in the FIFA rankings, hosts No. 12 Denmark on Friday in Montreal and Monday at Toronto's BMO Field. The matchups are a measuring stick ahead of Canada's quarter-final against Panama on Nov. 28 at
Canada's vice-captain stayed in the game temporarily before coach Jesse Marsch replaced him with Mathieu Choinière at halftime.
Eustáquio, 29, had his shoulder examined Tuesday night in Minnesota before returning to Swansea, where he will undergo further assessment.
the CONCACAF W Championship, a qualifier for both the 2027 World Cup in Brazil and the 2028 Los Angeles Olympics.
Whether Hunter keeps a place in Canada coach Casey Stoney's plans remains to be seen, but Stoney liked what she saw at the under-20 World Cup.
"There's still areas of her game she needs to improve. She's young, right? But I thought she was a standout," Stoney said during her roster announcement press conference two weeks ago. "She's very deserving of this call-
The Leamington, Ont., native joined camp late after getting married but played in all three matches during the international break, with Canada beating Chile and Peru on home soil before falling to the Americans.
Swansea plays its next match Saturday at home to Norwich City. THE CANADIAN PRESS
up, and I think she's got a bright future ahead of her."
Hunter, who played youth soccer for Calgary Blizzard SC and Whitecaps FC Girls Elite, knows she'll have her work cut out for her but still dreams of wearing Canada's kit in Brazil next summer.
At the club level, her goal is to play in Europe, though she's in no rush.
“I’m still doing well with AFC and I enjoy it there, but obviously in the coming years I want to make a move to Europe,” said the
Chelsea supporter. “We just got to see if the timing’s right, and I don’t know when that will be, but looking forward to it.”
SCORING SONIS
Hunter isn't the only national team player in form. Sonis, née Beckie, is enjoying a stellar season with Denver Summit FC of the National Women's Soccer League, tallying 12 goals and six assists in 26 games as a left back. She scored her most recent goal Sunday with a tight-angled cross that fooled Chicago Stars FC goalkeeper Katie Atkinson and dropped into the back of the net.
A long-time forward, the 32-year-old said her speed and endurance are helping her excel at wingback.
"Just to get up and down the pitch to be able to execute in my defensive role and be able to add to our attack, I think it's really hard to track a fullback for 90-plus minutes," Sonis said. "That's my intention when I play, is to make a winger's job as hard as possible. And then I have that forward instinct in me from being a forward my whole life, so it's a nice pair."
Sonis also scored a hat trick in Canada's most recent match, a 6-o victory over Costa Rica on June 9.
CALLING UP COURTNALL
Canada added San Diego Wave FC defender Brooklyn Courtnall to the women's national team roster ahead of the upcoming friendlies. The 23-year-old from Los Angeles is the daughter of former Montreal Canadiens forward Russ Courtnall, who scored 82 goals over four seasons with the franchise.
Brooklyn Courtnall made her senior team debut at the SheBelieves Cup, coming on as a substitute for Vanessa Gilles in a 4-1 win over Colombia on March 1. She made her first start later in the tournament, playing 90 minutes in a penalty-kick win over Argentina on March 7.
THE CANADIAN PRESS
渥太华红黑队 对阵 BC狮队(周五晚)
卡尔加里斯坦普队的四分卫弗农·亚当斯(Vernon Adams Jr.)在周五的客场比赛中传球获得242码并完成四个达阵,带领球队以37-31击败萨斯喀彻温队。SAMMY KOGAN / 加拿大新闻社
红黑队仍在寻求赛季首胜,本场将在客场对阵BC狮队。
丹·拉尔夫(DAN RALPH)
BC狮队和卡尔加里斯坦普队本周面临的任务非常简单。
两支球队只要获胜即可锁定CFL季后赛席位。BC狮队(9-6)将于周五晚在主场迎战渥太华红黑队(0-15),而卡尔加里队(8-8)将于周六客场挑战温尼伯蓝炸弹队(7-8)。
埃德蒙顿麋鹿队(11-4)已经锁定了季后赛席位,但本周末可能会进一步明确季后赛形势。
如果麋鹿队在周五晚于汉密尔顿的比赛中获胜,或者萨斯喀彻温队在周六于蒙特利尔的比赛中失利,麋鹿队将能确保一场季后赛主场比赛。若麋鹿队击败虎猫队且狮队输给红黑队,埃德蒙顿将锁定西部第一,并于11月7日主办分区决赛。
考虑到两队此前交手战绩为1-1平,且各自在对方主场获胜,卡尔加里与温尼伯的对决十分引人注目。然而,自斯坦普队在7月以52-30获胜以来,两队尚未再次交手。卡尔加里在离开麦克马洪体育场(McMahon Stadium)的客场战绩为5-3,而温尼伯在普林塞斯自动体育场(Princess Auto Stadium)的主场战绩为4-5。两队在西部赛区的表现均不理想,斯坦普队为3-5,而蓝炸弹队为2-5。
卡尔加里在周五以37-31客场击败萨斯喀彻温队,这是该队连续第三场胜利。
在对阵萨斯喀彻温队的比赛中,弗农·亚当斯29次传球成功22次,传球获得242码并完成四个达阵。骑手队的资深四分卫特雷弗·哈里斯(Trevor Harris)同样通过传球获得463码并完成四个达阵。
亚当斯的达阵传球数达到34个,为CFL最高,且仅有5次被截球。卡尔加里的红区达阵数为40个,与萨斯喀彻温队并列第二,仅次于蒙特利尔队(43个)。
温尼伯在过去两场比赛中均告负,包括上周以10-37负于蒙特利尔队,后者凭借连续第二场胜利锁定了东部赛区第一。
蒙特利尔首发球员戴维斯·亚历山大(Davis Alexander)传球获得440码并完成一个达阵,而史蒂夫·斯科特三世(Stevie Scott III)通过14次冲球获得83码并完成一个达阵。温尼伯的德鲁·布朗(Dru Brown)16次传球成功11次,获得161码并完成一个达阵;CFL冲球领跑者布雷迪·奥利维拉(Brady Oliveira,1,267码)在9次冲球中获得44码。蓝炸弹队仅积累了182码净进攻码数,且在12次二档进攻机会中仅成功两次。
温尼伯的进攻端在净码数(场均337.5码)和传球码数(254.1码)方面均排名垫底,但卡尔加里的防守端在场均允许进攻码数(419.6码)和传球码数(328.1码)方面均排名第八。斯坦普队在允许进攻得分(场均32.9分)方面同样排名第八,但其进攻端的得分(场均33.4分)和达阵数(57个)均排名第一。
预测:卡尔加里
埃德蒙顿麋鹿队 对阵 汉密尔顿虎猫队(周五晚)
在汉密尔顿,虎猫队(5-11)刚在渥太华的客场以34-16获胜,四分卫哈里森·弗罗斯特(Harrison Frost)35次传球成功28次,获得342码,完成两个达阵并有一次被截球。
拉里·朗特里三世(Larry Rountree III)冲球获得128码,肯尼·劳勒(Kenny Lawler)接球6次,获得132码并完成两次得分。防守端将渥太华的二档进攻成功率限制在19次中的7次。
在两队上次交锋中,埃德蒙顿在9月26日凭借文森特·布兰查德(Vincent Blanchard)踢出的9个射门(创CFL纪录),在主场以37-35在加时赛中获胜。麋鹿队的防守端构成了巨大的挑战,因为他们在允许进攻得分、净进攻码数、传球码数和冲球码数方面均排名前三。
预测:埃德蒙顿
在温哥华,尚未获胜的渥太华队必须跨越全国前往客场,面对一支已取得三连胜且在近九场比赛中赢下八场的球队。麦克劳德·贝瑟尔-汤普森在红黑队的过去两场比赛中首发,但此次谁将担任四分卫尚不明确。不列颠哥伦比亚省队(B.C.)刚在多伦多的客场以 24-17 获胜,踢球手肖恩·怀特踢进了 8 个射门,创下俱乐部纪录。狮子队的防线通过一次关键的终点线防守有力地确保了胜利。B.C. 队在 CFL 的场均净进攻码数(426.1)和冲球码数(119.8)均排名第一。在 8 月于加拿大首都的一场比赛中,赞德·霍瓦斯在 45-24 的胜利中贡献了 4 个达阵和 164 码的冲球码数。
预测:B.C.
DONNA SPENCER CALGARY
Alberta's move to permanent daylight time will turn the Calgary Flames and their fans into night owls a few times this NHL season.
The puck drops at 9 p.m. on eight Flames games, including two at the Saddledome.
“Professional athletes got to do what we got to do to get ready,” said Flames captain Mikael Backlund. “There’s caffeine out there.”
Flames forward Ryan Strome, who has children ages 6, 5 and 2, may have time to help out with bath chores before he heads to the Saddledome for a late game.
“They always want to come to games, and the nine o'clock games they definitely can’t come to,” Strome said. “That’s probably the biggest adjustment, is that my tickets will be free those nights because my family can’t go.”
Alberta's decision to stop moving clocks back an hour in November and ahead in March and stay on daylight time – a move also adopted by B.C. and Manitoba – threw a few wrinkles into an NHL schedule driven by broadcast right-shoulders.
It's injected variety into when the puck drops for the NHL's teams in Western Canada, and when their fans turn on their screens to watch them.
“It’s out of our control,” Flames president and chief executive officer Robert Hayes said. “I’ve always said in my business career, ‘Let’s focus on the things we can control,’ and we can’t control that.
“A decision was made by the province ... and decisions were made by others that this is the time we’re going to start hockey games.”
Only once before an Eastern road trip starting Dec. 10 do the Flames have back-to-back games starting at the same time.
“Looking at the calendar, looking at the schedule, it looks like it’s a big variety this year,” Backlund said.
Calgary does get eight afternoon games starting at 2:30 p.m. or earlier, compared to five in 2025-26.
“We’ve got more afternoon games. That’s going to be exciting for families,” Hayes said.
“And then the 9 o’clock games, hopefully that just means, and I’ll couch my words here, a greater party atmosphere, if you will, for a Saturday night 9 o’clock game that happens to be on.”
Calgary's 9 p.m. starts at the Saddledome are Dec. 26 against the Vancouver Canucks and Jan. 16 against the Los Angeles Kings.
Edmonton has seven games starting at 9 p.m., including Nov. 7 against the Canucks and March 6 against the Chicago Blackhawks at Rogers Place.
“I don’t think I’ll notice as much as my family at home watching,” said Oilers defenceman Jake Walman, who is from Toronto. “They’ll probably be struggling to watch that one.”
His teammate Trent Frederic will adjust his sleep routine for late games at Rogers Place.
“Sounds weird, but I'll try to go to bed a little bit later the night before, probably take a later nap, eat my lunch a little bit later than normal,” he said.
"The naps are big, or at least they are for myself. A lot of times after games, the later games, you're going to bed late, you're still wired, so it's just important to kind of stick with getting the good naps."
Manitoba declared Sept. 17, the same day players hit the ice for NHL training camps, that the province will stay on daylight time permanently.
The next day, the NHL issued changes to a dozen Winnipeg Jets home games, pushing them back an hour, but none later than 7:30 p.m. local time. Manitoba will be on the same time as Toronto on Nov. 1.
Winnipeg's road schedule contains the odd nightcap for Jets fans, though, including a 10 p.m. game Feb. 13 against the Canucks and a 9:30 p.m. start Dec. 2 against the Utah Mammoth.
The Canucks on the West Coast also have some quirky start times on the road, including 4:45 p.m. and 7:40 p.m.
A seven-game road trip in late January contains five different start times ranging from noon to 6 p.m.
"One hundred per cent it's going to be different," Canucks winger Brendan Gallagher said. "It's something that we've never really been through. Even having an 8 p.m. game to start the season, a little bit different, but we'll get used to it.
“We’ll have plans, and you probably tinker with [it] a little bit, but it’s not going to change too much. Once the puck drops, it’s still hockey and you’ve got a job to do. You try to stick to what your routine is as best you can.”
THE CANADIAN PRESS, with files from Gemma Karstens-Smith in Vancouver
罗布·马迪 (ROB MAADDI)
布法罗比尔队四分卫乔什·艾伦在周日于纽约州奥查德公园对阵新英格兰爱国者队的比赛中持球奔跑。ADRIAN KRAUS / 美联社
乔什·艾伦和布法罗比尔队对阵马修·斯塔福德和洛杉矶公羊队。
这听起来像是一场潜在的超级碗前瞻赛。
比尔队 (3-1) 将在周一晚间客场挑战公羊队 (2-2),而比尔队刚在主场输给了德雷克·梅耶和爱国者队。
公羊队曾一度距离 1-3 的开局仅差一两个回合,但在第四节克服了在费城落后 10 分的劣势。
比尔队必须解决失误问题,因为他们在过去两场比赛中出现了 7 次掉球 / 截球。面对依然缺少迈尔斯·加雷特的强悍公羊队防线,比尔队将面临挑战。亚伦·唐纳德和角卫杰伦·沃森可能会在本次比赛中回归。
普卡·纳库亚上周回归,并在接斯塔福德的传球中表现出色。
公羊队是 $2 \frac{1}{2}$ 分的 favorites(让分方)。他们在过去 10 场比赛中仅 4-6 次覆盖让分线,但 Pro Picks 在这场势均力敌的比赛中看好主队。
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FROM B11
Wakeman said educating the under-15 age group is an important place to start when trying to change behaviours that can lead to a toxic culture.
“We are hoping to re young enough that ... we can start to change the narrative early,” she said.
Dee Dooley, an education adviser with Dalhousie University's sexual violence prevention program, is helping to facilitate the pilot program along with varsity hockey players in the province.
Dooley, who has also researched sexual violence prevention among varsity student-athletes, said culture in sport is often passed down between generations.
"The importance of peer influence and peer leadership can't be overstated," she said. "Culture is really created by the people within it."
Hazing and sexual violence have plagued hockey in Canada for decades.
In 2023, a Quebec Major Junior Hock-
In 2023, a Quebec Major Junior Hockey League player filed an application for a class-action lawsuit against the league alleging he was abused during hazing rituals in the 1990s.
ey League player filed an application for a class-action lawsuit against the league alleging he was abused during hazing rituals in the 1990s.
The year prior, Hockey Canada came under fire after it was revealed that an undisclosed settlement had been paid to a woman who alleged she was sexually assaulted by members of Canada's 2018 World Junior hockey team. Five players were charged with sexual assault in 2024 related to the incident and were acquitted of all charges last year.
Jaqueline Moore, a research assistant with the project and a former varsity athlete, said while educating players is an important part of chang-
ing hockey's culture, everyone needs to play a role.
“We also need coaches involved, we need administration involved, we need parents involved,” she said. “It’s really going to take a community.”
THE CANADIAN PRESS
未被选中的新秀贾隆·丹尼尔斯在职业生涯首次首发中表现尚可,尽管两次被截球导致对方获得 10 分,最终以 17-14 告负。他需要队友提供更多帮助。海盗队已连续 13 场比赛未能覆盖让分线,这是超级碗时代以来最长的 ATS(针对让分线)连败纪录。达克·普雷斯科特和牛仔队在对阵休斯顿的防线时砍下 34 分。达拉斯挣扎中的防线有机会在面对联盟排名第 28 位的进攻线时重回正轨。
牛仔队:26-19
费城 (2-2) 对阵
杰克逊维尔 (3-1),在伦敦
让分线:美洲虎队 -7 $^{1 / 2}$
莱恩·约翰逊的突然退役对于一个正面临萨昆·巴克利、德冯塔·史密斯及其他关键球员伤病困扰的进攻线来说是沉重打击。在失去这位长期担任全明星右截锋的球员后,老鹰队的战绩为 18-30。美洲虎队场均得分 26 分,且失分数为联盟第二少。利亚姆·科恩的进攻线对阵维克·方吉奥的防线,是联盟两位顶尖战术大师之间的较量。
美洲虎队:23-18
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FROM B11
The U.S. also reached the round of 16. In America, that was a mitigated disaster. The red white and blue? In 9th-16th place? That'd be something to celebrate if we were talking grade-school math scores, but in sports? Even the frou-frou ones? Unacceptable.
It was no sure thing that Pochettino would be re-signed, but he was. Now holding a deal that encompasses a full World Cup cycle, he's begun an ambitious overhaul of the lineup. The current roster included eight teenagers.
What was an interesting experiment has, over the last week, become a blueprint. The U.S.A. had 12 goals in four games. Seven were scored by the aforementioned kids.
The best of those goals – by 17-year-old Cavan Sullivan – was scored in a romp over Mexico.
America's been an arriving soccer power since the Depression, but maybe we're finally looking at the real thing. Could that be the long tail of the NFL's concussion unpleasantness during the
2010s? Perhaps some of the gifted children who had traditionally been funnelled into gridiron brain scramble chose the less crippling charms of the global game instead. Et voila.
Whatever the case, America now looks like the class of CONCACAF. Which is good. It's helpful to have a rabbit to chase. That said, Canada's not going to keep level for three years with the same bunch of guys who starred last summer.
Alphonso Davies is one two-step hop up the staircase from retirement. The rest of the current core will be 30-plus by the next World Cup.
Age and experience are wonderful, but only when they are built on top of overwhelming ability. Whatever Canada's ability is, the World Cup proved that it falls within thewhelming range.
So that means change. Big change. And change drawn from stores of talent that are not yet fully apparent. Incendiary interviews are fun – please, keep them coming – but locating that talent is Marsch's actual job.
德尚·沃森在连续三场比赛的第四节中带领球队完成了绝杀进攻,在首年教练托德·蒙肯的带领下,布朗队出人意料地成为了分区领头羊。喷气机队教练亚伦·格伦的战绩为 4-17,压力巨大。尽管球队表现挣扎,但本场比赛被看好获胜。吉诺·史密斯的传球完成率在 NFL 中排名第一,且在去年领跑联盟后,今年尚未出现截球。
喷气机队:20-17
拉斯维加斯 (3-1) 客场对阵 新英格兰 (2-2)
让分线:爱国者队 - $3^{1 / 2}$
突袭者队在 2025 赛季揭幕战中击败了爱国者队,随后两队的走势截然相反。拉斯维加斯最终战绩 3-14 并解雇了皮特·卡罗尔。新英格兰则进入了超级碗。克林特·库比亚克和柯克·考辛斯让突袭者队扭转了局面。德雷克·梅耶此前一直表现挣扎,直到上周带领爱国者队在布法罗取得大胜。
辛辛那提 (2-2) 客场对阵 迈阿密 (0-4)
让分线:猛虎队 - $6^{1} / _{2}$
猛虎队遭遇两连败,而海豚队在单场比赛中尚未得分达到 13 分。乔·伯罗可能同时失去贾马尔·蔡斯(脑震荡)和蒂·希金斯(内收肌),因此他们需要跑球进攻发力。迈阿密队的防线在过去 16 次进攻回合中仅允许对方获得一个达阵。
猛虎队:24-16
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OTTAWA REDBLACKS VS. BC LIONS (FRIDAY NIGHT)

Calgary Stampeders quarterback Vernon Adams Jr. threw for 242 yards and four touchdowns to lead his team to a 37-31 road win over the Saskatchewan on Friday. SAMMY KOGAN/THE CANADIAN PRESS
Redblacks still searching for their first win of the season, on the road against B.C.
DAN RALPH
The task before the BC Lions and Calgary Stampeders this week is a very simple one.
Both teams can clinch CFL playoff berths with victories. B.C. (9-6) hosts the Ottawa Redblacks (0-15) on Friday night while Calgary (8-8) visits the Winnipeg Blue Bombers (7-8) on Saturday.
The Edmonton Elks (11-4) have already clinched a postseason berth but can gain some playoff clarity this weekend.
The Elks can cement a home playoff game with a win Friday night in Hamilton or a Saskatchewan loss Saturday in Montreal. Edmonton would clinch first in the West – and host the division final Nov. 7 – with a victory over the Ticats and Lions loss to Ottawa.
The Calgary-Winnipeg contest is an intriguing one given the series is tied 1-1 with each having won in the other's building. However, the two teams haven't played since the Stampeders' 52-30 victory in July. Calgary is 5-3 away from McMahon Stadium while Winnipeg is 4-5 at Princess Auto Stadium. They've both struggled within the West Division, with the Stampeders being 3-5 while the Bombers are 2-5.
Calgary comes off a 37-31 road win over Saskatchewan on Friday, its third straight victory overall.
Vernon Adams Jr. finished 22-of-29 passing for 242 yards and four touchdowns against Saskatchewan. Riders' veteran quarterback Trevor Harris had 463 yards and four touchdowns as well through the air.
Adams has a CFL-high 34 TD passes with just five interceptions. Calgary's 40 red zone touchdowns is tied with Saskatchewan for second-best behind Montreal (43).
Winnipeg has dropped its past two games, including a 37-10 decision last week to Montreal, which clinched first in the East Division with its second straight victory.
Montreal starter Davis Alexander had 440 yards passing with a touchdown while Stevie Scott III ran for 83 yards and a TD on 14 carries. Winnipeg's Dru Brown completed 11-of-16 passes for 161 yards and a TD while CFL rushing leader Brady Oliveira (1,267 yards) had 44 yards on nine car ries as the Bombers accumulated just 182 net offensive yards and converted only two-of-12 second-down opportunities.
Winnipeg's offence is last overall in net yards (337.5 per game) and yards passing (254.1) but Calgary's defence is eighth in both offensive yards (419.6) and passing yards (328.1) allowed per game. The Stampeders are also eighth overall in offensive points surrendered (32.9 per game) but their offence is tops in points (33.4 per game) and TDs (57).
Pick: Calgary
EDMONTON ELKS VS. HAMILTON TIGER-CATS (FRIDAY NIGHT)
At Hamilton, the Ticats (5-11)
come off a 34-16 road win in Ottawa as quarterback Harrison Frost completed 28-of-35 passes for 342 yards with two TDs and an interception.
Larry Rountree III ran for 128 yards and Kenny Lawler registered six receptions for 132 yards and two scores. The defence held Ottawa to just seven-of-19 second-down chances.
Edmonton needed a CFL-record nine field goals from Vincent Blanchard on Sept. 26 for a 37-35 overtime home win the last time these teams met. The Elks' defence presents a formidable challenge as it's top-three in fewest offensive points, net offensive yards, passing and rushing yards allowed.
Pick: Edmonton
At Vancouver, winless Ottawa must travel cross-country to face a team that's won three straight and eight-of-nine overall. McLeod Bethel-Thompson started the Redblacks last two games but it's unclear who will be under centre this time. B.C. comes off a 24-17 road win in Toronto as kicker Sean Whyte booted a club-record eight field goals. The Lions' defence emphatically cemented the victory with a late goal-line stand. B.C. leads the CFL in net offensive yards (426.1) and rushing (119.8) per game. Zander Horvath had four TDs and 164 rushing yards in a 45-24 win in the Canadian capital in August.
Pick: B.C.
德州人队开始尝试成为历史上第二支在 0-4 开局后进入季后赛的球队。C.J. 斯特劳德和进攻线并非问题所在。作为联盟最顶尖的防线之一,他们的表现低于预期。泰坦队的表现有所提升,但他们需要学习如何赢球。休斯顿在两队交锋记录中已三连胜,包括上赛季的横扫。
德州人队:23-17
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ROB MAADDI

Buffalo Bills quarterback Josh Allen runs with the ball during Sunday's game against the New England Patriots in Orchard Park, N.Y. ADRIAN KRAUS/THE ASSOCIATED PRESS
-osh Allen and the Buffalo Bills against Matthew Stafford and the Los Angeles Rams.
Sounds like a potential Super Bowl preview.
The Bills (3-1) visit the Rams (2-2) on Monday night fresh off a home loss to Drake Maye and the Patriots.
The Rams were a play or two away from a 1-3 start, but overcame a 10-point deficit at Philadelphia in the fourth quarter.
Buffalo must fix its turnover issues after seven giveaways in the past two games. It'll be a challenge for the Bills facing a tough Rams defence that's still missing Myles Garrett. Aaron Donald and cornerback Jaylen Watson could return for this one.
Puka Nacua was back last week and had a big day catching passes from Stafford.
The Rams are $2 \frac{1}{2}$ -point favourites. They're just 4-6 against the spread in their past 10 games, but Pro Picks likes the home team in a close one.
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小马队凭借两连胜将战绩持平,但自2008年在匹兹堡最后一次获胜以来,他们已在该地遭遇六连败。丹尼尔·琼斯需要更好地保护球权。乔纳森·泰勒的表现一直很稳定。钢人队在周四晚上输给布朗队后获得了一个短暂的休息期。亚伦·罗杰斯和进攻组仍未达成同步。由于乔伊·波特(Joey Porter Jr.)被交易至达拉斯,后防线无法迎来他的回归。
钢人队:22-20
盘口:维京人队 MINUS $2^{1 / 2}$
维京人队凭借窒息般的防守和出色的特勤组赢得比赛。凯勒·默里需要带动进攻,并可以利用上周强有力的收尾表现继续发力。在飓风卡特里娜后超级穹顶体育馆重新开放20周年的黄金时段比赛中,圣徒队被猎鹰队羞辱。他们正试图避免在主场遭遇三连败。泰勒·肖(Tyler Shough)与克里斯·奥拉夫(Chris Olave)的连线是一个亮点,且圣徒队在过去10场比赛中对盘率(ATS)为8-2。
冷门预测:圣徒队,17-16
纽约巨人队 (3-1) 对阵 华盛顿 (1-3)
盘口:指挥官队 MINUS 3
詹尼斯·温斯顿带领巨人队取得了两场胜利,这两场比赛均凭借防守方连续两周在5码线内拦截而锁定胜局。温斯顿让比赛变得精彩且充满悬念。指挥官队可能会迎来杰登·丹尼尔斯的回归,他将佩戴护具以保护左肘。博彩公司预计华盛顿队将展现出击败西雅图时的状态。
最佳投注:指挥官队,26-20
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Undrafted rookie Jalon Daniels played well enough to win his first career start despite two picks that led to 10 points in a 17-14 loss. He needs more help from teammates. The Buccaneers haven't covered the spread in 13 straight games, the longest losing streak ATS in the Super Bowl era. Dak Prescott and the Cowboys scored 34 points against Houston's defence. Dallas' struggling defence has an opportunity to get on track against the league's 28th-ranked offence.
Cowboys: 26-19
PHILADELPHIA (2-2) VS.
JACKSONVILLE (3-1), IN LONDON
LINE: JAGUARS MINUS 7 $^{1/2}$
Lane Johnson's abrupt retirement is a crushing blow for an offence dealing with injuries to Saquon Barkley, DeVonta Smith and other key players. The Eagles are 18-30 without their long-time, all-pro right tackle. The Jaguars are scoring 26 points a game and have allowed the second-fewest points in the league. Liam Coen's offence taking on Vic Fangio's defence is a matchup between two of the league's top minds.
Jaguars: 23-18
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凯斯·基努姆和泰森·巴根特在替补卡莱布·威廉姆斯期间取得了2-0的战绩,熊队势头强劲。自al-
闪电队:23-20
盘口:狮子队 MINUS $5^{1 / 2}$
狮子队:31-27
盘口:海鹰队 MINUS 3
美联社
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Deshaun Watson has led a game-winning drive in the fourth quarter in three straight games and the Browns are surprise division leaders under first-year coach Todd Monken. Jets coach Aaron Glenn is 4-17 and feeling the heat. The team is struggling yet is favoured to win this one. Geno Smith leads the NFL in completion percentage and hasn't thrown a pick after leading the league last season.
Jets: 20-17
LAS VEGAS (3-1) AT NEW ENGLAND (2-2)
LINE: PATRIOTS MINUS $3^{1/2}$
The Raiders beat the Patriots to kick off the 2025 season and then everything went in opposite directions for both teams. Las Vegas ended up 3-14 and fired Pete Carroll. New England went to the Super Bowl. Klint Kubiak and Kirk Cousins have turned things around for the Raiders. Drake Maye was struggling until leading the Patriots to a big win at Buffalo last week.
CINCINNATI (2-2) AT MIAMI (0-4)
LINE: BENGALS MINUS $6^{1}/_{2}$
The Bengals have lost two in a row while the Dolphins have yet to score 13 points in a game. Joe Burrow may not have both Ja'Marr Chase (concussion) and Tee Higgins (adductor) so they'll need the run game to get going. Miami's defence has allowed just one TD in the past 16 possessions.
Bengals: 24-16
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伊丽莎白·赫尔布隆纳
(原姓博森)
1931年2月28日 – 2026年10月7日
伊丽莎白在经历短暂的病痛后,在多伦多的家中安详离世。她的遗属包括她深爱的女儿们:卡罗琳(丈夫尼古拉斯·布雷顿)、艾莉森(丈夫布鲁斯·麦克唐纳)和瓦莱丽(丈夫加里·萨莱维奇);她的六个孙辈:马丁(妻子克洛伊)、大卫(妻子惠特尼)、杰克、佐伊、阿米莉亚和艾伦;以及她的曾孙詹姆斯。先于她离世的有与其结婚68年的丈夫雅克·“吉姆”·赫尔布隆纳;她的父母查尔斯和艾琳·博森;以及她的姑姑莱拉·史蒂文斯。
伊丽莎白出生于威斯康星州麦迪逊市,在华盛顿特区长大。年轻时,她就读于马德拉学校和瓦萨学院。在日内瓦大学海外学习的大三期间,她遇到了吉姆。他们的恋爱跨越了两大洲,并于1954年年底在华盛顿结婚。同年12月,伊丽莎白和吉姆驾驶着一辆绿色雪佛兰敞篷车抵达边境,在加拿大开启了漫长且充实的生活。他们的婚姻始于在事业上相互支持,并在蒙特利尔以及后来的多伦多建立起一个终身好友网络,他们在此抚养了三个女儿。伊丽莎白热爱扮演“熊妈妈”的角色,用爱、真诚的关注和温柔的引导来养育孩子。他们曾在卡利登滑雪俱乐部度过难忘的家庭时光,并与伊丽莎白的母亲和姑姑一起进行史诗般的夏季公路旅行,前往马里兰州的海滩。
她和吉姆教导女儿们要独立、有抱负且体贴,而她在平衡妻子和母亲职责的同时,作为一名房地产经纪人拥有极其成功且长久的职业生涯,并优雅地践行了这些品质。与他人合作给伊丽莎白带来了巨大的快乐,她的商业头脑、市场直觉和社交技巧使她成为任何有幸聘请她的客户的强大盟友。虽然每笔交易都很重要,但伊丽莎白在协助家人处理房地产事务时获得了最大的职业满足感。
伊丽莎白是一位真正的淑女,优雅、精致且着装考究。她同时沉稳自信,从职业生涯早期——那时职场女性经常面临偏见和不公正——以及随后的多年里,她始终能冷静地为自己争取权益。她有许多艺术兴趣,喜爱芭蕾舞、歌剧和戏剧。她热爱桥牌且技艺精湛。作为一名热爱阅读的人,人们经常能看到她在花园里读一本新书来放松身心。
随着家庭成员的增加,伊丽莎白慷慨地将关注和关怀延伸到每一位新成员身上。她的光芒照耀着每个人,她对“家庭成员”日常生活的关注从未动摇。她为孙辈们的人生重大里程碑感到欣喜,并在他们遭遇困难时倾听并给予同情与支持。她深厚的经验、智慧以及不断演进的现代视角,造就了一种被男女老少广泛寻求且高度认可的睿智。
从抵达多伦多的最初日子起,伊丽莎白就致力于扎根当地。她重视能将人们聚集在一起的传统,她的家始终温暖且热情。她以周到和细心主持家庭晚餐、节日聚会、后院派对和邻里社交活动,因为她意识到,有意义的沟通与联系是统一、亲情和社区意识的驱动力。
伊丽莎白和吉姆骨子里都是自豪的加拿大人,但他们从未失去对不同语言、文化和历史奇迹的好奇心与欣赏。在吉姆职业生涯的后期,他们曾居住在布鲁塞尔,随后在70和80岁时广泛游历了欧洲、非洲、亚洲和南美洲。他们展现出一种令人钦佩的冒险精神,这种精神至今仍深深根植于他们的女儿和孙辈心中。
在吉姆于2023年去世后,伊丽莎白在 The Dunfield 定居,再次展现了她个人标志性的面对变革和新环境时务实且勇敢的态度。她热情地参与新家中的各项活动,重启了旧友谊并结识了许多新朋友。
人们将记得伊丽莎白是一位坚定且极其独立自强的女性,一位忠诚且有趣的朋友,以及一位善良、迷人且令后辈自豪的家族长辈。她总是让他人感到被赏识和被理解,所有认识她的人都将深深地怀念她。
伊丽莎白得到了细致且周到的医疗和居家护理,家人对她的长期家庭医生马丁·施瓦茨博士(Dr. Martin Schwartz)和杰奎琳·施瓦茨博士(Dr. Jacqueline Schwartz)、Home Instead 的工作人员、The Dunfield 以及 Temmy Latner 姑息治疗中心的医生和护士表示感谢。
家属和朋友的吊唁仪式将于10月13日星期二下午 4:00 - 7:00 在多伦多 Dunfield 大道 77 号的 The Dunfield 退休公寓举行。家属希望人们不要送花,而是在纪念伊丽莎白的意义上向 Temmy Latner 姑息治疗中心捐款。
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The Texans begin their quest to become the second team to make the playoffs after an o-4 start. C.J. Stroud and the offence haven't been the problem. One of the league's best defences has underachieved. The Titans are playing better. They need to learn how to win. Houston has won three straight in the series, including a sweep last season.
Texans: 23-17
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The Colts have won two in a row to even their record, but they've lost six in a row in Pittsburgh since their most recent win there in 2008. Daniel Jones has to protect the ball better. Jonathan Taylor has been consistent. The Steelers had a mini-bye after a Thursday night loss to the Browns. Aaron Rodgers and the offence still aren't in sync. The secondary isn't getting Joey Porter Jr. back since he was traded to Dallas.
Steelers: 22-20
LINE: VIKINGS MINUS $2^{1/2}$
The Vikings are winning behind a stifling defence and excellent special teams. Kyler Murray needs to get the offence going and can build off a strong finish last week. The Saints were humiliated by the Falcons in prime time on the 20th anniversary of the Superdome's reopening after Hurricane Katrina. They're trying to avoid losing three straight at home. The Tyler Shough-Chris Olave connection has been a bright spot and the Saints are 8-2 ATS in their past 10 games.
Upset special: Saints, 17-16
NEW YORK GIANTS (3-1) AT WASHINGTON (1-3)
LINE: COMMANDERS MINUS 3
Jameis Winston has led the Giants to a pair of wins that were secured by the defence making picks inside the five two weeks in a row. Winston makes it entertaining and keeps it interesting. The Commanders could have Jayden Daniels back and he'll be wearing a brace to protect his left elbow. Oddsmakers are expecting the version of Washington that beat Seattle to show up.
Best bet: Commanders, 26-20
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Case Keenum and Tyson Bagent are 2-o filling in for Caleb Williams and the Bears are rolling. The defence has improved since al-
Chargers: 23-20
LINE: LIONS MINUS $5^{1/2}$
Lions: 31-27
LINE: SEAHAWKS MINUS 3
THE ASSOCIATED PRESS
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WILLIAM ROBERT "BOB" MCMULLEN
1946年10月13日
2026年10月4日
Robert "Bob" McMullen 在多伦多圣迈克尔医院(St. Michael's Hospital)因淋巴瘤和脑病变并发症去世,就在他 80 岁生日的前几天。
是一个才华横溢且带有几分矛盾的人:英俊、有魅力且总是充满乐趣,但又非常注重隐私。“永不失手”的 McMullen 是一位天生的多项运动运动员,曾与 NHL 名人堂成员共同比赛,并作为一名后卫在大学球队中得分领先。他拥有所有的技巧,只是缺乏攻击性。
除了体育, 还被商业吸引。在经历了一段短暂但前途光明的企业生涯后,他加入了父亲和兄弟们的家族企业。 是 Summerhill Market 的引导力量,这家多伦多著名的获奖杂货店自 1954年起就开始营业。他谦逊且低调,但在其不可逾越的原则上从未妥协:卓越的服务、创新的产品以及对每个人的尊重。
的遗属包括他的配偶 Joan;他的子女 Greg (Joanne)、Christy (Geoffrey) 和 Brad (Candra);他的继子 Michael 和 Andrew (Kasie);以及他的孙子女 Bridget、Burke 和 Caleigh。此外,他的兄弟 Wayne (Sandy)、姐妹 Glenda 和兄弟 Don,以及侄女 Jen (Patrick)、Karen 和 Corry,以及侄子 Cam 依然在世。他的父母 Frank 和 June,以及他的兄弟 Barry 先于他去世。
家人和朋友将深情地回忆在度假屋和高尔夫球场度过的时光,以及一位总是充满活力的绅士。最重要的是,我们将想念那个被称为 "Baub" 的 。
家属对 Southlake 医院、圣迈克尔医院和亨茨维尔地区纪念医院(Huntsville District Memorial Hospital)的优秀工作人员深表感激。他们的护理团队在充满挑战的情况下尽了最大努力。
将为直系亲属举行私人葬礼。生命庆典将于 2026, 10月13, 在位于安大略省索恩希尔 Yonge St. 7994 号的索恩希尔乡村俱乐部(Thornhill Country Club)举行。下午场定于 1:00 - 3:00 p.m.,傍晚场定于 4:00 - 7:00 p.m.。欢迎所有认识 的人加入家属,共同庆祝一个精彩的人生。
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ELIZABETH HELBRONNER
(née Boysen)
February 28, 1931 – October 7, 2026
Elizabeth died peacefully at her Toronto home after a brief illness. She is survived by her beloved daughters, Caroline (Nicholas Brearton), Alison (Bruce McDonald), and Valerie (Gary Salewicz); her six grandchildren, Martin (Chloe), David (Whitney), Jack, Zoë, Amelia, and Ellen; and her great-grandson, James. She was predeceased by her husband of 68 years, Jacques "Jim" Helbronner; her parents, Charles and Irene Boysen; and her aunt, Leila Stevens.
Born in Madison, Wisconsin, Elizabeth grew up in Washington, D.C. She attended The Madeira School and Vassar College as a young woman. During her junior year abroad at the University of Geneva, she met Jim. Their courtship spanned two continents, and they were married in Washington in late 1954. Arriving at the border together in a green Chevy convertible in December of that year, Elizabeth and Jim set out on a long and fulfilling life in Canada. Their marriage began with supporting each other's careers and building a network of lifelong friends in Montreal and later in Toronto, where they raised three daughters. Elizabeth loved being the "mother bear" and nurtured her children with love, genuine interest and gentle guidance. They shared memorable family time at Caledon Ski Club and epic summer driving trips to the beach in Maryland with Elizabeth's mother and aunt.
She and Jim taught their daughters to be independent, ambitious and thoughtful, and she gracefully modelled those qualities while balancing her responsibilities as a wife and mother with a highly accomplished, long career as a real estate agent. Working with others brought Elizabeth great joy, and her business savvy, market instincts, and social skills made her a formidable ally for any client fortunate enough to engage her. While every deal was important, Elizabeth derived her greatest professional satisfaction when assisting family members with a real estate endeavour.
Elizabeth was a true lady, elegant, refined and exquisitely attired. She was also composed and confident, calmly advocating for herself from early in her career, when professional women often faced bias and injustice, and throughout the years that followed. She had many artistic interests, enjoying ballet, opera, and theatre. She adored bridge and was a skilled player. An avid reader, she could often be found relaxing with a new book in her garden.
As her family grew, Elizabeth generously extended her attention and regard to each newcomer. Her light shone on everyone, and her interest in 'her family members' daily lives never wavered. She delighted in her grandchildren's major milestones and lent a sympathetic and supportive ear during any tribulations. Her depth of experience, intelligence, and an evolving contemporary perspective created a wisdom that was widely sought and highly valued by young and old.
From her earliest days in Toronto, Elizabeth was intentional about establishing local roots. She valued traditions that brought people together, and her home was always warm and welcoming. She presided over family dinners, holiday gatherings, backyard parties, and neighbourhood mixers with thoughtfulness and care, recognizing that meaningful communication and connection were the drivers of unity, kinship and community.
Elizabeth and Jim were proud Canadians to their core, but they never lost their curiosity and appreciation for the wonders of different languages, cultures and histories. They lived abroad in Brussels during the latter stages of Jim's career and then travelled extensively in Europe, Africa, Asia and South America in their 70s and 80s. They modelled an admirable sense of adventure that remains instilled in their daughters and grandchildren.
After Jim's passing in 2023, Elizabeth settled in at The Dunfield, once again demonstrating a pragmatic and courageous approach to change and new circumstances that was a personal hallmark. She enthusiastically participated in events and activities at her new home, rekindling friendships and making many new ones.
Elizabeth will be remembered as a determined and remarkably self-sufficient woman, a loyal and interesting friend, and a kind, engaging and proud matriarch. She always made others feel appreciated and understood, and she will be deeply missed by all who knew her.
Elizabeth received attentive and thoughtful medical and home care, and the family is grateful to her longtime family physicians, Dr. Martin Schwartz and Dr. Jacqueline Schwartz; the staff at Home Instead; The Dunfield; and the doctors and nurses from Temmy Latner Centre for Palliative Care.
A visitation for family and friends will be held on Tuesday, October 13th, from 4:00 - 7:00 p.m. at The Dunfield Retirement Residence, 77 Dunfield Avenue, Toronto. In lieu of flowers, the family would be grateful for any donations in Elizabeth's memory to The Temmy Latner Centre for Palliative Care.
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伊丽莎白·托里 (ELIZABETH TORY)
伊丽莎白·艾玛·托里(原姓培根)于 2026 年 10 月 3 日星期六在多伦多的家中平静离世,家人陪伴在侧,享年 94 岁。莉兹直到最后时刻都保持着坚强——正如任何认识她的人所预料的那样。她是已故的霍华德和海伦·培根夫妇挚爱的女儿,她的姐妹安娜、雷娜-梅以及兄弟泰德早于她离世。
莉兹·托里出身平凡,但度过了极其不凡的一生,为家庭和社区做出了贡献。她与丈夫约翰共同生活了 58 年,直到约翰于 2011 年去世,两人共同创建并培育了一个家庭,他们对家庭深情投入且倍感自豪。
虽然莉兹可能能够胜任任何事情(她有时会这么说,而且她是正确的!),但她选择致力于抚养四个充满爱心且事业有成的孩子——约翰、詹妮弗、杰弗里(阿尼克)和迈克尔。他们与配偶共同孕育了许多孙辈——约翰(梅拉妮)、克里斯托弗(塞迪)、苏珊和乔治(艾莉);伊丽莎白·克莱尔(大卫)和亚历山德拉·梅斯基诺(康纳);杰西卡(迈克)、尼古拉斯(悉尼)、安娜贝尔(约翰)、奥利维亚(迈克)以及罗宾、莉莉-莫德和比阿特丽斯·纳多;还有马克斯、亚当、费利克斯(丹妮)和格里芬。
令她非常欣喜的是,莉兹还有 15 个曾孙——且人数还在增加。莉兹非常喜爱所有的孩子,并且一如既往地尝试填补任何育儿上的空白。孩子们知道,拜访奶奶是一次充满爱的挑战!她是这个庞大且充满活力的家庭中绝对的女家长。父亲提供了基石般的价值观和满溢的爱;而母亲则陪伴在我们每个人身边,让我们时刻保持警觉。她以深沉的爱和支持照顾我们的父亲,并专注于实际事务——这让我们的生活变得更加轻松。我们成年后的样子,见证了父母双方非凡的影响力。
在家庭之外,莉兹作为社区志愿者做出了惊人的贡献。她被广泛认可为她那一代人中领先的志愿者和慈善筹款人之一。她帮助了数十年的组织包括桑尼布鲁克医院、安大略美术馆、多伦多交响乐团和青年联盟——仅举几例。在寻求他人捐款方面,她毫无畏惧,而她和父亲本人也非常慷慨。她的根源和生活经历让她深刻意识到回馈社会的满足感与责任感。在担任社区志愿者领导职务方面,她总是名列前茅——这种服务一直持续到她 80 多岁。
任何认识莉兹·托里的人都知道她的观点多么直接。母亲有一颗宽广的心,除了显而易见的社区工作外,她还是你所能找到的最忠诚的朋友。每当她看到需要时,就会做出无数微小的善举。
母亲也是一名非常出色的高尔夫球手。她曾六次打出一杆进洞,而且正如罗斯代尔和迷失之树(Lost Tree)的高尔夫球手所知,她的推杆技术无出其右。她在 40 岁时勇敢地开始学习滑雪,以便我们全家能一起享受这项运动。她热爱社交生活,并确保父亲在多伦多以及他们心爱的佛罗里达州迷失之树村也融入其中。
任何见过莉兹·托里的人都无法忘记她。是的,部分原因是与她相处一段时间后,人们可能会觉得也许是时候买一些更优雅的衣服,或者换个发型,或者做一些有意义的事情了。但主要原因在于她的个性。她聪明,幽默且体贴,如果她发现了一个问题,她总是会帮助解决。她的一生过得充实,是许多人的榜样。
我们要特别感谢在过去 25 年里照顾母亲的主要护理人员:乔伊(Joy)和科拉(Cora),以及对母亲如此友好的众多朋友。同时,非常重要地,我们要感谢乔斯林·查尔斯(Jocelyn Charles)医生,以及阿尔西娅(Althea)、杰玛(Gemma)和罗莎莉(Rosalie),她们在护理以及提升母亲最后几个月的生活质量方面发挥了巨大的作用。
家属将于 2026 年 10 月 8 日(星期四)下午 5:00 至晚上 8:00 在多伦多 Bayview 大道 1403 号的 Humphrey 殡仪馆-A.W. Miles 礼拜堂接待亲友。葬礼仪式将于 10 月 9 日(星期五)上午 10:30 在 Rosedale 联合教会举行。私人安葬仪式将在 Mt. Pleasant 墓地与我们的父亲相邻处举行。
如愿,可以用捐款代替鲜花,捐赠给 Sunnybrook 医院基金会、安大略美术馆(AGO)、多伦多交响乐团或 Lost Tree 基金会,我们将不胜感激。吊唁请发送至 www.humphreymiles.com。
Humphrey 殡仪馆
AWMiles-Newbigging 礼拜堂
416-487-4523
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2026年9月30日,星期三,在罗斯纪念医院(Ross Memorial Hospital)安详离世,享年96岁。其父母弗朗西斯·甘农和莫妮卡·甘农(原姓埃瑟林顿)以及妹妹玛丽早于她去世。露丝留下了许多亲属和朋友,他们将深切缅怀她。
露丝总是对每个人微笑,说着亲切的话。追随母亲的脚步,露丝在多伦多的圣迈克尔医院(St. Michael's Hospital)成为一名手术室护士。为了不断扩展专业经验,露丝先后从多伦多大学和普渡大学获得理学硕士学位。露丝曾担任多伦多大学医学院的助理教授,随后担任鲍勃·伦贝尔中心(Bob Rumball Centre)言语病理学助理主任。
露丝并非一个会选择退休的人。作为一名志愿者,她在安大略美术馆(AGO)担任展览导览员。她非常热爱观看戏剧表演和音乐会,以及环球旅行。她喜欢与朋友外出以及探访家人。葬礼弥撒将于2026年10月8日,星期四,1点在安大略省林赛市罗素东街40号(40 Russell Street East)的圣玛丽天主教堂举行。
安葬仪式将于2026年10月13日,星期二,1点在安大略省圣玛丽市的圣玛丽公墓举行。
应露丝的要求,纪念捐款可赠予圣文森特·德·保罗协会(Society of St. Vincent de Paul)或药学院(Facility of Pharmacy, 144 College Street, Toronto, Ontario M5S 3M2)。

本杰明公园纪念礼堂 (Benjamin's Park Memorial Chapel)

代代相传……
神圣的托付
星期三
AGULNIK, Elaine - 10:00 礼拜堂
BARRETT, Larry - 10:00 Pardes Chaim 公墓
KOPSTEIN, Rhoda - 11:00 Pardes Chaim 公墓
WEISMAN, Harvey - 12:00 礼拜堂
BASMAN, Amanda - 3:00 Pardes Chaim
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WILLIAM ROBERT "BOB" MCMULLEN
October 13, 1946
October 4, 2026
Robert "Bob" McMullen passed away at St. Michael's Hospital, in Toronto, from complications of lymphoma and brain lesions, just days before his 80th birthday.
Bob was a man of many talents and a few contradictions: handsome, charismatic and always fun, yet deeply private. "Never-Miss" McMullen was a natural, multi-sport athlete who played with NHL Hall of Famers and led his university team in scoring as a defenseman. He had all the skills, just never the aggression.
Beyond sports, Bob was drawn to business. After a short but promising corporate career, he joined his father and brothers in the family business. Bob was the guiding force behind Summerhill Market, an award-winning Toronto grocery institution in business since 1954. Humble and understated, he never relented on his non-negotiables: exceptional service, innovative products and respect for everyone.
Bob is survived by his spouse, Joan; his children, Greg (Joanne), Christy (Geoffrey) and Brad (Candra); his stepsons, Michael and Andrew (Kasie); and his grandchildren, Bridget, Burke and Caleigh. He is also survived by his brother, Wayne (Sandy); sister, Glenda; and brother, Don; along with nieces, Jen (Patrick), Karen and Corry; and nephew, Cam. He was predeceased by his parents, Frank and June; and his brother, Barry.
Family and friends will fondly remember time at the cottage and on the golf course, and a vibrant gentleman who was always in motion. Mostly, we will miss Bob being "Baub."
The family is deeply grateful to the excellent staff at Southlake Hospital, St. Michael's Hospital and Huntsville District Memorial Hospital. Their care teams did their absolute best under challenging circumstances.
A private funeral service will be held for the immediate family. A Celebration of Life will take place on October 13, 2026, at Thornhill Country Club, located at 7994 Yonge St., in Thornhill, Ontario. An afternoon session is scheduled for 1:00 - 3:00 p.m., and an early evening session for 4:00 - 7:00 p.m. All who knew Bob are welcome to join the family in celebrating a life well lived.
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COHEN, Norman - 3080 Bayview Avenue
BURKO, Eva - 44 Dundurn Crescent, Thornhill
SOUDACK, Ilan - 信息请参阅 benjamins.ca
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SCHWARTZ, Toby - 169 Ledbury Street, North York
TENHOUSE, Sharron - 36 Brewsland Crescent, Thornhill
AGULNIK, Elaine - 478 Hidden Trail
WEISMAN, Harvey - 72 McMorran Crescent, Thornhill
BASMAN, Amanda - 333 Clark Avenue West, #319, Vaughan
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Goodman, Marian - 12:00 pm - 社区区
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ELIZABETH TORY
Elizabeth Emma Tory (nee Bacon) passed away peacefully at home in Toronto, with her family at her side on Saturday October 3, 2026, at the age of 94. Liz was strong until the end – as anyone who knew her would expect. She was the beloved daughter of the late Howard and Helen Bacon and was predeceased by her sisters Anna and Rena-Mae and brother Ted.
Liz Tory came from modest beginnings to lead an extraordinary life of family and community contribution. Together with her husband John, her beloved partner of 58 years until his passing in 2011, she created and nurtured a family to whom they were deeply devoted and immensely proud.
Although Liz likely could have done anything (she sometimes said so and she was right!), she chose to dedicate herself to raising four loving, accomplished children – John, Jennifer, Jeffrey (Anik) and Michael. They, together with their spouses, produced many grandchildren - John (Melanie), Christopher (Sadie), Susan and George (Allie); Elizabeth Clare (David) and Alexandra Meschino (Conor); Jessica (Mike), Nicholas (Sydney), Annabel (John), Olivia (Mike) and Robin, Lily-Maude and Beatrice Nadeau; and Max, Adam, Felix (Dani) and Griffin.
And to her great joy, Liz had 15 great-grandchildren – with more on the way. Liz took great pleasure in all the children and, true to form, she would try to fill in any parenting gaps. They knew a visit with Nana was a loving challenge! She was every bit the matriarch of her large and dynamic family. Dad provided bedrock values and overflowing love; Mom was there for all of us, keeping us on our toes. She looked after our father with deep love and support and focused on the practicalities – which made life easier for all of us. Who we each became as adults celebrated the extraordinary influence of both our parents.
Beyond family, Liz made an incredible contribution as a community volunteer. She was widely recognized as one of the leading volunteers and charitable fundraisers of her generation. Organizations which she helped for decades include Sunnybrook Hospital, the Art Gallery of Ontario, the Toronto Symphony Orchestra, and the Junior League – just to name a few. She was fearless when it came to seeking contributions from others and she and Dad were very generous themselves. Her roots and her life experiences made her deeply mindful of both the satisfaction and the responsibility of giving back. She was at the top of the list when it came to serving in positions of volunteer community leadership – which she did well into her eighties.
Anyone who knew Liz Tory also knew how direct she was in her opinions. Mom had a huge heart and beyond her visible community work, she was as loyal a friend as you could ever find. She carried out countless small acts of kindness whenever she saw the need.
Mom was also a very accomplished golfer. She had six holes-in-one, and was a putter without peer, as Rosedale and Lost Tree golfers would know. She bravely took up skiing at age 40, so that we could enjoy that sport as a family. She loved her social life and made sure Dad embraced one, in Toronto and at their beloved Lost Tree Village, in Florida.
No one who ever met Liz Tory could forget her. Yes, in part that's because after spending a little time with her they felt perhaps it was time to buy some more elegant clothes or get a new haircut or do something meaningful. But it's mainly because of her personality. She was smart, she was funny and caring, and if she identified a problem, she would always help to solve it. Hers was a life well-lived and she was a role model for so many.
We would like to especially thank Mom's principal caregivers over the past 25 years: Joy and Cora, and her many friends who were so good to Mom. And also, very importantly our thanks to Dr. Jocelyn Charles, and Althea, Gemma, and Rosalie who all made such a difference to her care and the quality of her final months.
The family will welcome friends at the Humphrey Funeral Home-A.W. Miles Chapel, 1403 Bayview Avenue, Toronto, from 5:00 pm to 8:00 p.m. on Thursday, October 8, 2026. Funeral service will be held at Rosedale United Church on Friday, October 9th at 10:30 a.m. Private interment will be beside our father at Mt. Pleasant Cemetery.
If desired, in lieu of flowers, donations made to Sunnybrook Hospital Foundation, the AGO, the Toronto Symphony Orchestra or the Lost Tree Foundation would be appreciated. Condolences may be forwarded to www.humphreymiles.com.
Humphrey Funeral Home
AWMiles-Newbigging Chapel
416-487-4523

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Peacefully, on Wednesday, September 30, 2026, at the Ross Memorial Hospital, in her 96th year. Predeceased by parents, Francis and Monica Gannon (nee Etherington); and her sister, Mary. Ruth is survived by and will be missed by her many extended family and friends.
Ruth always had a smile and a kind word for everyone. Following in the steps of her mother, Ruth became an operating room nurse at St. Michael's Hospital, in Toronto. Continually expanding her experience, Ruth graduated with a Master of Science degree from University of Toronto and from Purdue University. Ruth worked as an Assistant Professor at the University of Toronto, Faculty of Medicine. Ruth then became Assistant Director of Speech Pathology at the Bob Rumball Centre.
Ruth was not one to retire. As a volunteer, Ruth conducted exhibition tours at the AGO (Art Gallery of Ontario). She thoroughly enjoyed attending theatre performances and concerts, as well as travelling around the world. She enjoyed going out with friends and visiting with family. Funeral Mass will be held from St. Mary's Catholic Church, 40 Russell Street East, in Lindsay, Ontario, on Thursday, October 8, 2026, at 1 o'clock.
Interment, St. Mary's Cemetery, St. Mary's, Ontario, on Tuesday, October 13, 2026, at 1 o'clock.
At Ruth's request, donations may be made in her memory to the Society of St. Vincent de Paul or the Facility of Pharmacy, 144 College Street, Toronto, Ontario M5S 3M2.

Benjamin's Park Memorial Chapel

Through the generations...
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AGULNIK, Elaine - 10:00 Chapel.
BARRETT, Larry - 10:00 Pardes Chaim
Cemetery
KOPSTEIN, Rhoda - 11:00 Pardes Chaim Cemetery.
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戈登·F·切斯布罗 (GORDON F. CHEESBROUGH)
1952年10月8日
2010年6月23日
一个生活充实而丰富,却过早地离开我们的优秀男人。
他深受妻子、家人和朋友的爱戴,并受到所有有幸认识他的人的尊敬。
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COHEN, Norman - 3080 Bayview Avenut.
BURKO, Eva - 44 Dundurn Crescent,
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SCHWARTZ, Toby - 169 Ledbury Street, North York
TENHOUSE, Sharron - 36 Brewsland Crescent, Thornhill.
AGULNIK, Elaine - 478 Hidden Trail.
WEISMAN, Harvey - 72 McMorran
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她在好莱坞首秀中饰演马龙·白兰度饰演的痛苦角色特里·马洛伊的情人,并因此获得奥斯卡奖

Eva Marie Saint 出席 2018 年在洛杉矶举行的奥斯卡颁奖典礼。Saint 女士拒绝了许多顶级制作,但制片厂并未因她的挑剔而产生反感,反而继续为她提供主演角色。JORDAN STRAUSS / AP
BOB THOMAS
JAKE COYLE 洛杉矶
Eva Marie 逝世,她是一位肤色白皙、身材纤细的演员。她凭借首部电影《码头风云》(On the Waterfront)获得奥斯卡奖,并在阿尔弗雷德·希区柯克的惊悚片《西北方向》(North by Northwest)中与加里·格兰特对戏。享年 102 岁。
家庭代表杰夫·桑德森(Jeff Sanderson)证实, 女士的演艺生涯一直持续到 90 多岁,她于周二在洛杉矶家中去世。
女士在好莱坞历史上拥有最辉煌的出道经历之一,她在《码头风云》中饰演马龙·白兰度饰演的痛苦角色特里·马洛伊的情人,而她的第一次奥斯卡之行同样令人难忘。当时怀有第一个孩子的 女士从弗兰克·辛纳屈手中接过奥斯卡奖杯,微笑着低声说了一段独特的获奖感言:“我想我可能马上就要生了。”(她的儿子达雷尔于两天后出生。)
这部 1954 年经典电影带来的奖项让她瞬间成名,但她很快以一种坚定的独立精神令好莱坞感到惊讶,而这种精神也成为了她职业生涯的标志。她拒绝了制片厂的合约邀请,也拒绝了在巨大成功后立即接戏的机会,解释说她需要时间去陪伴新出生的儿子。(她的女儿劳雷特于 1958 年出生。)
在进入好莱坞的第一个十年里, 女士仅出演了七部电影。她拒绝了诸如格里高利·派克主演的《灰法兰绒套装的人》、劳伦斯·哈维主演的《夏天与烟》以及伯特·兰开斯特主演的《雨造人》等顶级制作。她将出演希区柯克先生的《西北方向》归功于她的丈夫、电视和舞台导演杰弗里·海登(Jeffrey Hayden)的劝说。在这部 1959 年的经典惊悚片中, 女士饰演一名诱惑格兰特先生但最终爱上他的间谍。
“我清晰地记得他说:‘亲爱的,我想你应该找个安静的地方。我会照顾孩子,我想让你认真考虑这件事并重新阅读这个剧本,’”她在 2014 年告诉《名利场》(Vanity Fair)。“他是对的。这就是丈夫的作用。”
制片厂并未因她的挑剔而产生反感,反而继续为她提供主演角色,出演了诸如《出埃及记》(Exodus,与保罗·纽曼合作)、《雨树县》(Raintree County,与伊丽莎白·泰勒、蒙哥马利·克利夫特合作)以及与沃伦·比蒂合作的《全线崩溃》(All Fall Down)等电影。
她在 20 世纪 70 年代更多地转向电视领域,并在 80 年代重新获得人气,在热门情景喜剧《月光之夜》(Moonlighting)中饰演西比尔·谢泼德的母亲,并在喜剧电影《没什么共同点》(Nothing in Common)中饰演汤姆·汉克斯的母亲。她凭借 1990 年的迷你剧《像我们这样的人》(People Like Us)获得艾美奖,并在 21 世纪的电影中担任角色,如《因为温迪克斯》(Because of Winn-Dixie)、《超人归来》(Superman Returns)以及改编自马克·赫尔普林同名小说的《冬日之tale》(Winter's Tale)。2021, 她在短篇广播剧《巴士之旅》(The Bus Ride)中饰演玛丽莎·托梅的姨妈,该剧是《The Pack Podcast》播客的一部分。
女士与海登先生结婚 65 年,直到后者于 2016 年去世。
当 女士进入公众视野时,许多人认为她那个听起来像舞台剧的名字一定是编造的。但她出生时就叫这个名字,于 July 4, 1924, 出生在纽泽西州纽瓦克。随后家庭搬到了纽约州奥尔巴尼附近的一个小镇德尔马,她的父亲在那里担任固特异橡胶公司(Goodrich Rubber Co.)的经理。伊娃的目标是像她母亲一样成为一名三年级教师,但在俄亥俄州的鲍灵格林州立大学,她试演了一出戏并赢得了主角。
毕业后,她与父母同住,并开始在曼哈顿寻找演艺工作。在经历了一年毫无收获的寻找后,她在一部广播剧中获得了一个只有两句台词的电话接线员角色,随后很快便在肥皂剧和深夜剧中稳定工作,并在《一个人的家庭》(One Man's Family)中饰演克劳迪娅(Claudia)长达两年。20世纪50年代初,网络电视正处于繁荣期,她的外貌和戏剧感使她成为了选角人员和制片人的宠儿。
圣女士(Ms. Saint)职业生涯的一个关键转折点是她参加了埃利亚·卡赞(Elia Kazan)的试镜,并被接纳进入演员工作室(Actors Studio),该工作室塑造了一代方法派演员明星。她将克服害羞之情归功于表演教练李·斯特拉斯伯格(Lee Strasberg)。
“李·斯特拉斯伯格在稍微了解我之后,给了我一段戏,要求我在同行面前哭出来,”她在2009年告诉《圣巴巴拉独立报》(The Santa Barbara Independent)。“我为此感到担心,我努力练习,尝试运用在工作室学到的东西。我最终完成了那场戏,我哭了,我的同行们也随之落泪。对我来说,那是一个不可思议的时刻。”
圣女士在剧作《罗伯茨先生》(Mister Roberts)中申请唯一的女性角色被拒绝,但被聘为被选中的演员——马龙的妹妹乔斯林·布兰多(Jocelyn Brando)的替补。在令人沮丧的六个月里,圣女士从未有机会替代布兰多女士。她最终通过《前往丰饶之地》(A Trip to Bountiful)登上了百老汇,这部剧她曾在电视版中饰演过。
卡赞先生邀请她通过与布兰多先生即兴表演一段戏,来试演《码头风云》(On the Waterfront)的女主角。她被要求尝试阻止一名年轻人进入她的公寓。
她在2001年告诉《洛杉矶时报》:“我只记得马龙进了门并打开了音乐。我们开始跳舞。他撩起我的裙摆。卡赞先生看到了火花四溅,就这样我得到了这个角色。”
美联社
比利亚娜·普拉夫希奇
政治人物,96岁
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塞尔维亚,贝尔格莱德
据波斯尼亚塞族公共媒体报道,前波斯尼亚塞族领导人比利亚娜·普拉夫希奇(Biljana Plavsic)周四在塞尔维亚首都贝尔格莱德去世,享年96岁。她曾在联合国法庭承认,在1992-95年波黑战争期间的暴行中扮演了角色,构成反人类罪中的迫害罪。
普拉夫希奇女士是执行在俄亥俄州戴顿签署的和平协议的关键波斯尼亚塞族高官之一;在战争结束之后,她担任波斯尼亚塞族政治实体——塞族共和国(Republika Srpska)的总统。战争期间,她曾任波斯尼亚塞族领导委员会成员。西方官员认为她比其他波斯尼亚塞族领导人更为开明,她曾公开反对波斯尼亚塞族战时总统拉多万·卡拉季奇(Radovan Karadzic)。
尽管如此,她仍于2000年被设在海牙的联合国前南斯拉夫问题国际刑事法庭起诉,指控其在战时试图在波斯尼亚开辟独立塞族实体的行动中扮演了角色,涉嫌种族灭绝、战争罪和反人类罪。她于2001年自愿投案接受审判,随后承认在战争期间犯有反人类罪中的迫害罪。其他指控被撤销。
联合国法院在对其判刑后表示:“普拉夫希奇女士无视大规模种族清洗的报告,并在公开场合为其进行合理化辩解。”“她意识到波斯尼亚和黑塞 republics 的关键领导人尽管有能力防止和惩罚这些罪行,却对此视而不见。”
她被判处11年监禁,在服刑三分之二后于2009年获释。
联合国法院表示,普拉夫希奇女士的认罪及其对责任的承认“应当促进波斯尼亚和黑塞哥维那以及整个地区的和解”。
比利亚娜·普拉夫希奇。FRED ERNST / AP
前美国国务卿玛德琳·奥尔布赖特(Madeleine Albright)在量刑听证会上表示,普拉夫希奇女士积极支持《戴顿协议》。根据法院的一份声明,奥尔布赖特女士说,在“极其困难的时刻,在有人想要摧毁《戴顿协议》的时候,她挺身而出支持该协议”。
塞族共和国的公共广播公司 RTRS 周四报道称,波斯尼亚塞族领导人米洛拉德·多迪克(Milorad Dodik)在得知普拉夫希奇女士去世的消息后表达了哀悼,称她是他的亲密助手,理应获得最高国家荣誉。
“不幸的是,她在海牙法庭受到了不公正的追责,”多迪克先生说道。由于试图将塞族共和国从波斯尼亚分离,他去年被波斯尼亚法院禁止担任公职。“但这是一种趋势的一部分,即任何在塞族共和国担任职务的人都会被追责,即使他们个人没有犯罪。”
美联社

GORDON F. CHEESBROUGH
October 8, 1952
June 23, 2010
A wonderful man who lived a life that was full and rich and left us much too soon.
Adored by his wife, his family and friends, and respected by all who had the privilege of knowing him.
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音乐家,70岁
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EVA MARIE SAINT
ACTOR, 102
玛丽亚·舍曼 (MARIA SHERMAN)
曾获格莱美奖提名的 R&B 歌手弗雷迪·杰克逊 (Freddie Jackson) 已去世,享年 70。他以 80 年代的流畅热门单曲《Rock Me Tonight (For Old Times Sake)》和《You Are My Lady》而闻名。
其家人在其官方 Instagram 账号上分享的一份声明确认,杰克逊先生于周一去世,就在他 70 岁生日三天之后。声明未提供死因。
“弗雷迪不仅仅是一个传奇的声音。他是一个善良、慷慨的灵魂,倾尽所有去热爱他的粉丝、家人、朋友以及他的音乐。几十年来,他为我们带来了那些成为我们爱情故事、庆祝时刻以及最珍贵记忆之背景音乐的歌曲。这份天赋将永远延续,”声明写道。
“对于每一个曾在弗雷迪登台时随之歌唱、起舞或产生共鸣的人:谢谢你们。你们对他而言就是家人,他一直将你们的爱随身携带,”声明继续写道。
有关后事安排的细节将在未来几天公布。
杰克逊先生在哈莱姆区出生并长大,在那里他学习了关于灵魂乐的一切,并在白岩浸信会教堂 (White Rock Baptist Church) 演唱福音歌曲。他的职业生涯始于纽约的俱乐部场景,随后在 70 年代末随 Mystic Merlin 乐队前往西部。他很快回到纽约,并在 1985年发行了首张专辑《Rock Me Tonight》。他独特的嗓音被证明是他的超能力:该专辑很快被美国唱片工业协会 (RIAA) 认证为白金唱片,并使他职业生涯中两次获得格莱美奖提名。这两项提名分别是最佳新人奖,以及凭借单曲《You Are My Lady》获得的最佳男性 R&B 演唱奖。
《Rock Me Tonight》还造就了一位新的 R&B 超级巨星:杰克逊先生成为了公告牌 (Billboard) 排行榜的常客,并在整个 80 年代和 90 年代初成为当代都市电台播放的固定人物。
他的第二张专辑,1987 年的《Just

弗雷迪·杰克逊。GREG ALLEN / AP
Like the First Time》,同样获得了白金认证。
2024年,杰克逊先生在分享至其社交媒体账号的一段视频中透露,他被诊断出患有肾脏疾病。
“这段旅程充满了挑战,但我决定以开放和坚韧的态度面对它,”他在视频片段中说道。“对我来说,与你们分享这件事很重要,这不仅是我个人故事的一部分,也是一种产生积极影响的方式。”
当时,杰克逊先生还透露他已与美国国家肾脏基金会 (National Kidney Foundation) 合作,以提高人们对该疾病的认识。根据美国疾病控制与预防中心 (CDC) 的数据,超过七分之一的美国成年人患有慢性肾脏病,其中多达九成的人并不知道自己患病。
慢性肾脏病是一种肾脏受损且难以过滤血液的病症。结果会导致过多的废物和液体残留,并可能引发其他健康问题,如心脏病。
美联社 (ASSOCIATED PRESS)*
She won an Academy Award for her Hollywood debut playing the love interest of Marlon Brando's tormented Terry Malloy

Eva Marie Saint arrives at the 2018 Oscars in Los Angeles. Ms. Saint declined many top-level productions, but instead of being put off by her selectivity, studios continued offering her starring roles. JORDAN STRAUSS/AP
BOB THOMAS
JAKE COYLE LOS ANGELES
Eva Marie Saint, the pale, willowy actor who won an Academy Award for her first movie, On the Waterfront, and starred opposite Cary Grant in the Alfred Hitchcock thriller North by Northwest, has died. She was 102.
Ms. Saint, whose acting work lasted well into her 90s, died at her home in Los Angeles on Tuesday, confirmed family representative Jeff Sanderson.
Ms. Saint had one of the most spectacular debuts in Hollywood history, as the love interest of Marlon Brando's tormented Terry Malloy in On the Waterfront, and her first trip to the Academy Awards was memorable too. Pregnant with her first child, Ms. Saint accepted her Oscar from Frank Sinatra and smilingly murmured a unique winner's speech: "I think I may have the baby right here." (Her son, Darrell, was born two days later.)
The award for the 1954 classic made her an instant star, but she soon astonished Hollywood with a firm independence that would mark her career. She refused offers of studio contracts and declined chances to follow up on her great success, explaining that she was taking time off to become acquainted with her new son. (A daughter, Laurette, was born in 1958.)
In her first decade in Hollywood, Ms. Saint appeared in a mere seven films. She declined such top-level productions as The Man in the Gray Flannel Suit with Gregory Peck, Summer and Smoke with Laurence Harvey and The Rainmaker with Burt Lancaster. She credited her husband, TV and stage director Jeffrey Hayden, with persuading her to star in Mr. Hitchcock's North by Northwest, the classic 1959 thriller in which Ms. Saint plays a spy who seduces Mr. Grant, but ends up falling for him.
“I vividly remember him saying, ‘Honey, I think you should find a quiet spot. I’ll take care of the children and I want you to really think about this and reread this script,’” she told Vanity Fair in 2014. “He was so right. And that’s what husbands are for.”
Instead of being put off by her selectivity, studios continued offering her starring roles in such films as Exodus (with Paul Newman), Raintree County (Elizabeth Taylor, Montgomery Clift) and All Fall Down, with Warren Beatty.
She turned more to television in the 1970s and enjoyed renewed popularity in the 1980s as the mother of Cybill Shepherd in the hit sitcom Moonlighting and as Tom Hanks's mother in the film comedy Nothing in Common. She won an Emmy for the 1990 miniseries People Like Us, and had roles in such 21st-century movies as Because of Winn-Dixie, Superman Returns and Winter's Tale, adapted from Mark Helprin's novel of the same name. In 2021, she played Marisa Tomei's aunt in the brief audio play The Bus Ride, part of The Pack Podcast.
Ms. Saint was married to Mr. Hayden for 65 years, until his death in 2016.
When Ms. Saint emerged in the public consciousness, many believed her theatrical-sounding name must have been invented. She was born with it on July 4, 1924, in Newark, N.J. The family moved to Delmar, a small town near Albany, N.Y., where her father was a Goodrich Rubber Co. manager. Eva's goal was to become a third-grade teacher like her mother, but at Bowling Green State University in Ohio she tried out for a play and won the leading role.
After graduation, she lived with her parents and began hunting for acting jobs in Manhattan. After a fruitless year, she landed a two-line role as a telephone operator on a radio drama and soon was working steadily on soap operas and nighttime dramas, appearing for two years as Claudia on One Man's Family. Network television was booming in the early 1950s, and her looks and dramatic sense made her a favourite with casting people and producers.
A critical turn in Ms. Saint's career came when she auditioned before Elia Kazan and was accepted into the Actors Studio, which shaped a generation of method-actor stars. She credited acting coach Lee Strasberg with helping her overcome her shyness.
“Lee Strasberg, when he got to know me a little bit, gave me a scene to do where I had to cry in front of my peers,” she told The Santa Barbara Independent in 2009. “I worried about it, I worked on it, I tried to use what I was learning at the studio. I finally did the scene, and I cried, and my peers were crying with me. It was just an incredible moment for me.”
Ms. Saint was rejected for the single female role in the play Mister Roberts, but was hired to understudy the actor chosen, Jocelyn Brando, Marlon's sister. In six frustrating months Ms. Saint never got to substitute for Ms. Brando. She finally made it to Broadway in A Trip to Bountiful, which she had played on television.
Mr. Kazan invited her to try out for the female lead in On the Waterfront by improvising a scene with Mr. Brando. She was told to try to stop a young man from entering her apartment.
She told the Los Angeles Times in 2001: “All I know is that Marlon got in the door and turned on the music. We started dancing. He flicked my skirt. Mr. Kazan saw the sparks fly, and that’s how I got the part.”
ASSOCIATED PRESS
BILJANA PLAVSIC
POLITICIAN, 96
THE GLOBE AND MAIL\*
OTTAWA/QUEBEC EDITION ■ THURSDAY, OCTOBER 8, 2026 ■ GLOBEANDMAIL.COM
Liberals will table legislation this fall to block access to group indefinitely while adding measures to allow for advance requests
STEPHANIE LEVITZ
KRISTY KIRKUP OTTAWA
The Liberal government plans to reshape Canada's medical assistance in dying regime to close the door to those whose sole underlying condition is mental illness. At the same time, it would provide an opening for those already eligible for MAID to request it in advance.
Justice Minister Sean Fraser announced Wednesday that Ottawa intends to legally bar access to MAID for mental illness. The federal government has twice paused access for that cohort of Canadians over concerns about the readiness of the health care system.
Mr. Fraser also said the forthcoming bill will include measures allowing medical practitioners to assist in ending the lives of people who have made an advance request for MAID. Those are patients who have indicated that they want the procedure at a later date, when they no longer have the cognitive capacity to consent to it.
"These are not easy decisions, but we believe that they are the correct ones," Mr. Fraser told reporters at a news conference Wednesday.
The debate over who should be able to request a medical practitioner's help to end their lives is one of the most fractious in Canada. Those divisions were on full display in response to Mr. Fraser's two announcements.
[ MIDDLE EAST ]
The advocacy group Dying With Dignity Canada has spent more than two years suing Ottawa for barring MAID access to patients whose sole underlying condition is mental illness. The case remains before the courts.
In a statement, it called Wednesday's announcement a “profoundly disappointing day for medical assistance in dying legislation.”
Chief executive officer Helen Long said that preventing those with mental illness from having the same access to a legal medical procedure, simply because of their diagnosis, is a violation of Charter rights.
Conversely, Inclusion Canada, a national group advocating for the rights of people with intellectual disabilities, thanked Mr. Fraser for listening to concerns about
MAID access for patients with mental illness.
However, the organization said that the government's plans on advance requests raise concerns. Patients may not understand what is happening to them when the procedure is being administered, it stated.
“An advance request is written by someone who cannot know what their future will hold,” Inclusion Canada CEO Krista Carr said in a statement.
“Consent at the time is the most basic protection a person has.”
■ MAID, A6

Israelis grieve those lost on third anniversary of attack that set off devastating war in Gaza and beyond ■ A5
Mourners carry Israeli flags through an installation on the beachfront in Tel Aviv on Wednesday to mark the anniversary of the Hamas-led attacks of Oct. 7, 2023. ODED BALILTY/ASSOCIATED PRESS
MIKE HAGER VANCOUVER
Bestselling author Steven Galloway told court Wednesday allegations that he sexually assaulted a former student three times were pure fiction and that he didn't learn of the details until after he was suspended as head of the creative writing program at the University of British Columbia.
After nearly 11 years, Mr. Galloway testified in open court about the allegations as part of a defamation case he brought against the woman, with whom he had a two-year affair, and three others he accuses of defaming him. He called the allegations “absolutely” false.
“I was shocked to find she was saying that,” he testified.
Mr. Galloway was suspended by UBC in November, 2015, and the university's public announcement of the “serious allegations” against him were highly publicized. It roiled the Canadian literary community for years, and the author maintains it cost him his reputation and his livelihood.
His defamation suit originally included almost two dozen defendants, most of whom settled. The woman who made the allegations, known as A.B. because of a publication ban on her name, is joined as a defendant by three others.
The trial will not hear testimony from A.B. Her lawyer, Arden Beddoes, has told court she withdraws her defences of truth and fair comment, but does not admit to spreading lies about her former romantic partner. Mr. Beddoes has said A.B. has twice tried to kill herself in recent months because of the stress of the lawsuit.
Court heard Wednesday about three instances in which A.B. alleged that she was sexually assaulted.
In the first, she said Mr. Galloway invited her to play a daytime game of cards on his 30-foot sailboat at his False Creek marina in the spring of 2011.
■ GALLOWAY, A6
ALEX BOZIKOVIC
YANG SUN
Kerrisdale looks much the same as ever. In this affluent pocket of Vancouver's west side, gable-roofed houses stand behind tall hedges and shelter under mature maples.
Yet a subtle change has occurred: In many corners of the neighbourhood, there are fewer people.
On the side streets of Kerrisdale, many blocks have lost between 10 and 30 per cent of their population since the 1970s. One section near the Marine Drive Golf Club fell from 1,010 residents to 630 – down 380 people, or 38 per cent.
This is not an anomaly. Over the past half-century, both the Vancouver and Toronto regions have doubled in population.
But a Globe and Mail analysis of census data shows that within these growing metropolises, there are shrinking cities: established areas where populations have fallen as much as 40 per cent.
This trend of local population declines has been largely overlooked, even as Canadian governments work to create more homes and build the infrastructure – pipes, roads, community facilities – to serve the people who will occupy them.
In last year's federal budget, the government promised \$50-billion toward such projects. CITIES, A7
---
ANDREW WILLIS
JAMES BRADSHAW
BILL CURRY
Vancouver International Airport is poised to become the first of the country's large airports privatized by the federal government, as Ottawa's advisers offer British Columbia Indigenous groups an opportunity to be minority investors, four sources say.
Three weeks after Prime Minister Mark Carney announced plans to open up four of the country's biggest airports to private investment, the bankers and lawyers advising Ottawa have decided Vancouver's airport, known in the industry as YVR, should be the first facility where a long-term lease on its ground operations is sold to outside investors, according to the sources, who are involved in the process.
YVR earned first spot in line because the government and its advisers expect to land First Nations investment, the sources said. The Globe and Mail is not naming the sources because they are not permitted to speak for their employers.
Mr. Carney made the privatization pitch during September's investment summit in downtown Toronto, where he gathered executives with the goal of drawing new capital to Canada and reframing the country's approach to investment. But the plan has raised concerns about the potential for increased prices for travellers and higher fees for airlines.
Along with YVR, the federal government plans to sell leases to run all or part of Calgary, Toronto and Montreal's airports. AIRPORT, A6
FOREIGN RELATIONS
Canada pulls backing for disinformation event that cites U.S. as an interference threat ■ A3
LIFE & ARTS
TIFF's Charles Tremblay discusses the highs and lows of the festival's big-bet market ■ A13
REPORT ON BUSINESS
Weston family returns to British retail with acquisition of Boots drug-store chain ■ B1
SECRET CANADA
INSIDE
LAWRENCE MARTIN .... A11
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FOLIO ..... A7-9
EDITORIAL & LETTERS ..... A10
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Explore our national database of freedom of information requests SecretCanada.com
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REPORT ON BUSINESS .... B1
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PODCAST
Patrick White reports on how the trade war has hit the border town of Sault Ste. Marie, Ont. tgam.ca/TheDecibel

THE GLOBE'S SECUREDROP SERVICE PROVIDES A WAY TO SECURELY SHARE INFORMATION WITH OUR JOURNALISTS TGAM.CA/SECUREDROP
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ELIZABETH SCHINDLER
MADE IN CANADA
WILLIAM G.R. HIND'S NEW BRUNSWICK LANDSCAPE

WILLIAM G.R. HIND, NEW BRUNSWICK LANDSCAPE, C. 1879-1889, WATERCOLOUR AND GOUACHE WITH GUM ARABIC ON WOVE PAPER, 24.8 × 34.8 CM. NATIONAL GALLERY OF CANADA, OTTAWA. TRANSFER FROM THE NATIONAL MUSEUMS OF CANADA, OTTAWA, 1989 (REPATRIATED THROUGH THE NATIONAL MUSEUMS OF CANADA EMERGENCY PURCHASE FUND 1974). PHOTO: NGC
For October, we are featuring works from the National Gallery of Canada, one of the world's most respected art institutions. Founded in 1880, the Ottawa-based gallery has played a key role in Canadian culture for more than a century. The NGC works to develop, preserve and present more than 90,000 pieces, representing one of the most comprehensive collections of Indigenous and Canadian art, major works from the 14th to 21st centuries, as well as extensive library and archival holdings. www.gallery.ca
In 1851, 18-year-old William G.R. Hind immigrated to Toronto, joining his geologist brother on sweeping expeditions across Indigenous lands on the cusp of Confederation. While illustrating scientific reports, Hind also quietly recorded his personal experiences. His distinctive style mirrored photographic precision with a vital difference: vivid, untamed colour. In this view of early autumn, he captures a dense forest – omitting the industrialization occurring all around. Hind spent his final years in New Brunswick.
LAWRENCE MARTIN

It would be premature to give Mark Carney the Nobel Peace Prize this year ■ A11
[ COLUMNISTS ]
---
Donna Elaine Williams's brother lives on for her through the records he left behind ■ A14
TIM
CESTNICK
OPINION

As summer turns to fall, it's time for investors to start planing for their year-end taxes ■ B8
The Globe and Mail is committed to maintaining the highest ethical, legal and editorial standards. SANDRA E. MARTIN, STANDARDS EDITOR, standardiseditor@globeandmail.com
IVAN SEMENIUK

Japanese chemist Kenso Soai, right, receives a bouquet of flowers at Tokyo University of Science on Wednesday. Dr. Soai received his PhD from the university in 1979. HIRO KOMAE/ASSOCIATED PRESS
SCIENCE REPORTER
Two scientists who studied the properties and production of molecules that are mirror images of one another have been awarded the 2026 Nobel Prize in Chemistry.
On Wednesday, members of the Royal Swedish Academy of Sciences announced that Henri Kagan of Université Paris-Sud, Orsay, and Kenso Soai of the Tokyo University of Science will share this year's chemistry Nobel.
Both made key contributions to the understanding of “chirality,” a property that means some molecules can have left- and right-handed versions.
Their discoveries have proved important for the development of pharmaceuticals, many of which require the production of only one version of a molecule and not its mirror twin.
For example, in some cases, the mirror version of a molecule is not only ineffective but harmful. When the drug thalidomide was marketed as a morning sickness pill starting in the 1950s, the consequences were tragic: The mirror image of the active drug turned out to cause severe birth defects.
"How can a reaction be designed to spontaneously create only one of the two mirror images without involving any other chiral molecule? It is this puzzle that this year's laureates have solved," Heiner Linke, chair of the Nobel Committee for Chemistry, said during Wednesday's announcement.
The work also helps to illuminate why life on Earth is based only on left-handed versions of certain key organic molecules.
Dr. Kagan was born in 1930 in Boulogne-Billancourt, France, and received his PhD from the College of France in Paris in 1960.
Through the 1970s and 80s, he developed reactions in which catalysts enhanced the production of one version of a mirror molecule relative to the other.
The work was recognized as a breakthrough for its practical applications, including for the development of flavour and scents, in which only one version of a chiral molecule can be sensed.
Dr. Kagan was awarded the prestigious Wolf Prize in Chemistry in 2001. Now 95, he is among the oldest winners of a chemistry Nobel.
Their discoveries have proved important for the development of pharmaceuticals, many of which require the production of only one version of a molecule and not its mirror twin.
Dr. Soai was born in 1950 in Hiroshima, Japan, and received his PhD from the University of Tokyo in 1979.
In the 1990s, he discovered a chiral substance known as 5-pyrimidyl alkanol, which acts as an autocatalyst, a molecule that can create itself.
By 2003, he had developed a chemical reaction in which chiral molecules formed from non-chiral precursors. He then showed how a very small excess of one version of the mirror molecule would eventually grow in proportion to take over the reaction, until it was the sole version remaining.
Apart from the origin of life more than four billion years ago, which produced a biology with exclusively left-handed chemistry, no other such examples are currently known.
At Wednesday's announcement, Peter Somfai, a member of the Nobel Committee, said Dr. Soai's discovery is “probably the coolest experiment in organic chemistry.”
Each year the Chemistry prize marks the third in a series of Nobel Prize announcements.
On Monday, Karl Deisseroth, Peter Hegemann and Georg Nagel were awarded the Nobel Prize in physiology or medicine for creating the field of optogenetics, a method of genetically modifying neurons to react to light that has transformed brain research.
On Tuesday, Francis Halzen, who leads a giant neutrino detection experiment in Antarctica, was named this year's winner of the Nobel Prize in physics.
Recipients of the Nobel Prize in literature and the Nobel Peace Prize are scheduled to be announced on Thursday and Friday, respectively. The winner of this year's Nobel Memorial Prize in Economic Sciences will be announced on Oct. 12.
Conference has panels that treat U.S. as source of foreign interference
STEVEN CHASE
SENIOR PARLIAMENTARY
REPORTER
The federal government has withdrawn its sponsorship of an anti-disinformation conference in Lithuania that features panels talking about the United States as a foreign-interference threat.
Global Affairs spokesperson Samantha Lafleur said Ottawa wasn't comfortable with the framing of some of the panels and that Canadian officials will still take part in the conference but will not chair any discussions.
“Following changes to the framing of several panel discussions, Global Affairs decided to revise its participation in those sessions at the EU DisinfoLab 2026 conference,” Ms. Lafleur said in an e-mailed statement.
The U.S. State Department criticized the conference for proposing that the United States is a source of foreign interference and manipulated information.
"The organizers appear to put the United States in the same bucket as foreign adversaries," the department said in an e-mailed statement. "This false equivalence is antithetical to the goals these individuals claim to promote and obscures the scale and nature of adversarial interference.”
Asked if Washington raised concerns about Disinfo2026 with Canada and European countries, it declined to say.
"The Department does not discuss details of private diplomatic conversations, but we regularly and candidly engage our European and Canadian partners on concerns and avenues for collaboration regarding censorship, free expression, and countering adversaries," the State Department said.
An annual conference on countering disinformation, the 2026 event is taking place in Vilnius this week. The conference attracts researchers, people who work in counter-disinformation, journalists, think tanks, academics and government officials. It is organized by EU DisinfoLab, a non-profit based in Brussels.
One of the featured attendees this year was Kimberly Prost, the Canadian jurist hit by sanctions from U.S. President Donald Trump for her work on an International Criminal Court case involving American troops in Afghanistan.
She was one of five judges who decided unanimously in 2020 to authorize an investigation into war crimes allegedly committed in Afghanistan by the Taliban, Afghan forces and members of the U.S. military and Central Intelligence Agency, which operated secret detention facilities.
At Disinfo2026, more than one panel discusses the U.S. as a source of foreign-information manipulation and interference (FIMI), in which state-backed actors conduct co-ordinated and deceptive behaviour to sway public debate and undermine elections and institutions.
The conference program frames one session, slated for Thursday, as a provocative discussion on “growing evidence that the United States has, in specific Arctic contexts, operated as a FIMI actor.”
Saliou Babou, the director of a Global Affairs Canada unit that was set up years ago to counter foreign state-sponsored disinformation, was slated to chair a session on disinformation in the Arctic.
The Lithuanian government also said it withdrew its sponsorship. “Lithuania has cancelled its participation in ‘Disinfo 2026’ as several parts of the conference programme differ from the official position of the Government,” the Ministry of Foreign Affairs of Lithuania said in an e-mailed statement.
In addition, participants told The Globe and Mail that the European External Action Service, the EU's diplomatic service, withdrew its sponsorship.
The Disinfo2026 conference organizers declined to comment.
The Global Affairs spokesperson said Canada remains committed to combatting disinformation.
“We respect the right of the organizers to frame discussions as they see fit and recognize the independence of civil society actors and speakers at the conference,” Ms. Lafleur said.
Benjamin Shultz, a lead researcher at the American Sunlight Project and a conference participant, said posters at the conference listing sponsors now feature white stickers covering the logos for Canada, Lithuania and the EU.
Mr. Shultz disputed the Canadian government's statement that panel subjects had been “reframed,” saying the description of the panels is unchanged from a June, 2026, version.
One of the conference sessions was titled “USA as a FIMI threat: acknowledge, adapt, push back,” referring to foreign-information manipulation and interference. The description said the discussion would address: “one of the most uncomfortable questions in the counter-disinformation field today: how did the United States become a FIMI threat for Europe?”
Another panel titled "Under attack: How the counter-disinformation community is dealing with US government pressure," talked about how Washington imposed visa restrictions on five Europeans, among them former EU commissioner Thierry Breton and four leaders of groups that combat online disinformation and hate, accusing them of putting pressure on U.S. social-media platforms to censor American speech.
"The United States Government's attacks to intimidate individuals and organisations are an unprecedented escalation in defense of U.S. corporations seeking to avoid regulation and criticism," the panel description said.
The U.S. State Department in its statement rejected the idea that it's a source of foreign-information manipulation and interference.
“For too long, governments have exploited the pretext of combatting ‘misinformation’ and ‘disinformation’ for politically motivated reasons,” the department said. “We continue to counter malign foreign propaganda; we also recognize the importance of distinguishing adversarial campaigns from the political opinions and positions of our domestic speakers and allied countries.”
With a report from Nathan VanderKlippe
NATHAN VANDERKLIPPE
INTERNATIONAL CORRESPONDENT
The richest man on Earth wants Canada to break apart, calling for three provinces to leave Confederation in the wake of an election in Quebec that brought separatists back to power.
Trillionaire Elon Musk, who attended university in Ontario, has fathered children with multiple Canadian women and has called himself “half Canadian,” said Wednesday that he supports those who want their provinces to be independent.
“Quebec should separate,” he wrote on X, the social-media platform he owns and has used to share his views with hundreds of millions of people around the world.
Quebec “would be better off” as its own country, he added. “Alberta and Saskatchewan should separate too.”
On Monday, the Parti Québécois won a minority government after promising a third referendum on independence. In less than two weeks, Albertans will vote on whether that province should remain in Canada or begin the process of holding a legally binding referendum on separation. In Saskatchewan, meanwhile, some polls have shown increased support for secession.
Alberta separatists welcomed support from the man who
built electric
automaker Tesla into
a global operation, paign is unprecedented," said Thomas Lukaszuk, a former deputy premier of Alberta who has led Forever Canadian, an initiative that has campaigned for Alberta to remain in Canada.
He called Mr. Musk's comments "offensive."
turned rocket
company SpaceX
into a major player
and has maintained
ownership of one of
the world's most powerful social-media networks.
“I hope that Canadians in their shopping practices keep in mind whom we are supporting as consumers in Canada,” he said.
Tesla sells tens of thousands of vehicles a year in Canada, and Canada is the fifth-largest market for satellite internet services provided by Starlink, a division of SpaceX, network diagnostics company Ookla reported last year. In 2024, Mr. Musk said Starlink was in 3 per cent of Canadian homes.
But Canadian political leaders have also worked to counter the influence of
Last year, Ontario said it had scrapped a \$92-million contract with SpaceX for its Starlink service, fulfilling a vow by Premier Doug Ford to retaliate against U.S. tariffs. Prime Minister Mark Carney has said publicly that he intends to work with partners in Europe and Asia to “diversify away” from Starlink.
Last year, a petition backed by Charlie Angus, then an NDP MP, called on the Prime Minister to revoke Mr. Musk's Canadian passport.
On Wednesday, Saskatchewan Premier Scott katchewan Premier Scott
Moe responded to Mr. Musk with a single word, posted to X: "No."
"Our government, our Caucus, and our party support Alberta remaining in Canada," added Alberta Premier Danielle Smith in a statement.
But Alberta separatists welcomed support from the man who built electric automaker Tesla into a global operation, turned rocket company SpaceX into a major player and has maintained ownership of one of the world's most powerful social-media networks.
He is “somebody that’s done really well and looks at our situation, business-wise, and says we’d be better off on our own. It just gives it some credibility for him to actually think that,” said Mitch Sylvestre, chief executive officer of the Alberta Prosperity Project.
The argument that Alberta, Saskatchewan and Quebec would be better off outside Canada – “I agree with all of that,” Mr. Sylvestre said. “We’ve made the case over and over again.”
Mr. Musk's intervention arrives in the wake of a series of pro-secession statements from prominent American political and religious leaders.
In January, U.S. Treasury Secretary Scott Bessent called Alberta a “natural partner” for his country. U.S. President Donald Trump has repeatedly threatened the annexation of Canada. Influential conservative pastors and podcasters in the U.S. have openly supported Alberta secession.
Mr. Musk has cultivated close ties with the Trump administration, most recently being chosen as a leader of Project Meridian, a Pentagon effort to examine the future of warfare.
"The foreign interference in this cam-"
Mr. Musk moved to
Canada from South Africa in 1989 and attended Queen's University in Kingston for two years. He also worked on a cousin's farm in Saskatchewan, once posting a photo of himself holding a hammer and wearing a white cowboy hat.
"I love Canada! I'm half Canadian," he wrote in 2017.
"My Mom was born in Regina. My grandfather (her Dad) was American, born in Minnesota."
He has since soured on the place, his condemnation growing more strident during the years Justin Trudeau was prime minister.
“Canada is not a real country,” he wrote in one message, then deleted, in response to the petition against his citizenship.
He accused Mr. Trudeau of “trying to crush free speech in Canada,” calling it “shameful.” He criticized Canada’s bilingual laws, which he called “extremely hypocritical and unfair!” He publicly sided with Mr. Trump when the U.S. President suggested Canada treats American banks unfairly.
In 2024, he said it was “high time” Mr. Trudeau was voted out of office.
Early last year, he sneered at a statement from Mr. Trudeau that said “there isn’t a snowball’s chance in hell that Canada would become part of the United States.”
Mr. Musk responded on the day after Mr. Trudeau said he would resign, using a title Mr. Trump often used to troll the prime minister: “Girl, you’re not the governor of Canada anymore, so doesn’t matter what you say.”
With a file from Matthew Scace

Emergency services work to rescue people at the site of an apartment building hit by a Russian missile strike in Pryluky, Ukraine, on Wednesday. VALENTYN OGIRENKO/REUTERS
OLENA HARMASH
VLADYSLAV SMILIANETS KYIV
Russia pounded Ukraine with waves of missiles and drones in one of its most “vile strikes” on Wednesday, Ukrainian President Volodymyr Zelensky said, killing at least 28 people, including children, and damaging industrial facilities and energy infrastructure.
Interior Minister Ivan Vyhivskyi put the countrywide death toll at 28.
The heaviest losses were in Pryluky in Ukraine's northern Chernihiv region, where a Russian missile obliterated a five-storey residential building.
Regional Governor Vyacheslav Chaus said 20 people died in the attack, including five children.
On Wednesday evening, prosecutors in the capital Kyiv said falling debris from a drone killed two people in a suburb.
Mr. Zelensky said that 100 people had been injured throughout the country.
The president noted that the attacks coincided with Russian President Vladimir Putin's birthday.
"This is the kind of birthday present that Putin gave himself: the killing of children, the killing of people," Mr. Zelensky said in his nightly video address.
In earlier online comments, Mr. Zelensky said civilians had also been killed in the capital Kyiv and in the central cities of Oleksandria and Kremenchuk during the massive attack.
In total, Russia fired 70 missiles at Ukraine overnight – many of them high-velocity ballistic munitions – and dozens of Shahed attack drones, he said.
"The Russians wanted to strike painfully and demonstratively. This was one of the most vile strikes."
In Pryluky, an excavator and dozens of rescuers with shovels sifted through rubble at the site where several sections of the apartment block had collapsed.
Emergency workers used ladders to get to the upper floors of what remained of the building, and brought out 15 survivors as they worked their way down through the rubble. Around 55 people were wounded in the town, regional officials said.
"There's a lot of destruction, especially in the town centre," said Danylo Savenko, deputy mayor of Pryluky, who said he had run to an air raid shelter with his wife as soon as he heard the missiles flying.
Russia's Defence Ministry said its forces had carried out a “massive strike” on military-industrial facilities in Kyiv and other Ukrainian regions, using high-precision land-, sea- and air-launched weapons, as well as drones.
Ukraine's air force said it had downed more than 80 per cent of the 46 jet-powered drones launched by Russia – an increase from recent weeks when air defences took down 50 per cent to 60 per cent.
Since the summer, Russia has used increasing numbers of the new high-velocity drones in round-the-clock attacks on Kyiv and other cities, with Ukraine's air defences struggling to cope.
The air force did not explain the jump in the interception rate and did not immediately respond to requests for comment.
Mr. Zelensky said the Russian ballistic missiles remained the major challenge for Ukraine, adding that he and his team were “every day looking for Patriot (missile interception) systems that can and must protect people’s lives.”
Ukraine received a new €1.2-billion (US\$1.34-billion) tranche from the European Union on Wednesday and will channel the funds towards defence needs, Prime Minister Sergii Koretskyi said.
The U.S.-made Patriot system is the only weapon in Ukraine's arsenal capable of stopping high-velocity ballistic missiles. Global supplies have been drained by the Iran war and the Ukraine conflict.
Russia's Defence Ministry said its targets included sites where Ukrainian defence company Fire Point manufactures and stores its Flamingo cruise missiles and medium- and long-range drones in Kyiv as well as regions of Kyiv, Chernihiv, Kirovohrad, Dnipropetrovsk, Poltava and Kharkiv.
Last week, Mr. Zelensky said Ukraine had fired its first domestically made ballistic missile in combat, produced by Fire Point. In an interview with Reuters, he said he expected the company to have a longer-range FP-9 missile ready by the autumn. Fire Point has said that weapon will be able to reach Moscow.
Mr. Zelensky said Ukrainian troops hit four targets in Russia over the past 24 hours, including two Russian oil facilities and a training ground in the Perm, Samara and Astrakhan regions.
REUTERS

Elija Rain, acting commanding officer with the B.C. RCMP, left, W. Mike Herrington, special agent in charge of the FBI Seattle field office, and Neil Floyd, acting U.S. attorney, speak to media in Seattle on Tuesday.
DAVID RYDER/REUTERS
Washington State
suspect told officers
that killer stole guns,
ammo from family
An FBI complaint against a Washington State suspect accused of conspiring with the Tumbler Ridge mass shooter for months provides extensive new details about the guns that may have been used in the attack, and how the teenage killer may have obtained them.
The complaint sworn by an FBI agent in Seattle says James Bryant, who is charged with conspiracy to murder in a foreign country, told officers that Jesse Van Rootselaar stole firearms and ammunition from her family's gun safe and hid them in her room "in preparation for a mass shooting."
It also says in claims not tested in court that 18-year-old Ms. Van Rootselaar told Ms. Bryant in online chats that she had convinced another person to purchase ammunition on her behalf, and that one of the weapons she intended to use had been returned after previously being confiscated by the RCMP.
Ms. Van Rootselaar killed eight victims on Feb. 10, including her mother and brother at their home, and five students and an educational assistant at Tumbler Ridge Secondary School.
The RCMP criminal investigation into the shooting is ongoing, despite Ms. Van Rootselaar having killed herself at the school.
Assistant RCMP Commissioner Elija Rain, who is acting commanding officer in B.C., says “investigators have made substantial progress in the criminal investigation.”
Commissioner Rain said in a statement that the RCMP's release of information about the case has recently been limited "because of the need to ensure our investigative theories and actions were not compromised."
The FBI complaint released on Tuesday says Ms. Van Rootselaar told Ms. Bryant on the Discord platform that she possessed a 3-D printed foregrip, firearm magazines and a “switch” device for an SKS rifle, which the FBI says likely referred to a “machine-gun conversion device.”
Ms. Bryant, 30, of Bellingham, Wash., allegedly told the FBI that Ms. Van Rootselaar “ended up using some of these same items during the Tumbler Ridge shooting.”
A photo in the complaint depicts a person the FBI says is Ms. Van Rootselaar, posing on their knees in a black miniskirt and fishnet stockings, while holding an olive-green rifle with a telescopic sight on the morning of the attack.
On the end of the barrel is what appears to be a suppressor, decorated in the blue, white and pink bands of the transgender Pride flag.
Ms. Van Rootselaar was trans, and the FBI said Tuesday that Ms. Bryant identifies as female.
The FBI says that in December, 2025, Ms. Van Rootselaar discussed a gun she said she was planning to use in the attack.
"The police knocked my SKS sights off zero a lil bit when they roughly confiscated it, so the gun has been hitting high and to the left," she allegedly told Ms. Bryant.
Another photo shows a Ca-nuck-branded shotgun that Ms. Van Rootselaar said would also be used in the attack.
It is decorated with a sticker, also in blue, white and pink.
Ms. Bryant allegedly tells Ms. Van Rootselaar: “Love the stickers … stickers would be so funny to be seen in photos of the incident.”
THE CANADIAN PRESS

ALANNA SMITH
KRISTY KIRKUP
An Ontario father of two with Stage 4 melanoma says he is heartbroken that the provincial government's revised rules for out-of-country medical coverage will continue to bar access to a treatment that could save his and others' lives.
Previously, the Ontario Superior Court of Justice in September quashed the province's decision to refuse to cover that treatment for 37-year-old Alex Shved.
On Tuesday, the provincial government announced amendments to its health insurance legislation to clarify when it will cover treatments abroad. Under the revised rules, Mr. Shved's treatment will still not qualify.
The province said funding will only be available under certain conditions, including that the drug and its administration are already funded in Ontario, the treatment is performed in Ontario, access is temporarily unavailable, and travelling is necessary to avoid death or medically significant, irreversible tissue damage.
On Wednesday, Mr. Shved said it is “incredibly disappointing” that Ontario has taken this path, rather than helping residents like himself access vital treatments in a timely manner.
“I hoped this court battle would move things in the right direction. I didn’t realize how easily they could change the rules so that the result is still the same,” he said, expressing frustration with Premier Doug Ford and Health Minister Sylvia Jones.
“Over all, I am very disappointed with the end result.”
In a statement, Ontario said it needed to clarify its out-of-country drug funding policy, in place since 2011, because it could expose the province to financial risk. Failing to update the regulation could cost Ontario's drug plan \$5.2-billion yearly and "create a back door for global pharmaceutical companies to avoid negotiating directly with the province to achieve more competitive pricing," it said.
In response to the September court decision, the government said it is “exploring all available options,” including an appeal or seeking a “mutually satisfactory resolution” with Mr. Shved.
The Etobicoke father is desperate to access tumour-infiltrating lymphocyte, or TIL, therapy, which is a treatment for metastatic melanoma that uses the cells of one of his own tumours.
Mr. Shved applied to Ontario's out-of-country program to see whether the province would pay for him to be treated in the United States.
His application was rejected and he was told the program isn't intended to be used as an interim funding route for drugs that could eventually qualify for public coverage.
In August, 2025, Health Canada approved a commercial version of TIL therapy called lifileucel. A single treatment of lifileucel costs US\$515,000, not including the cost of a stay at a U.S. hospital. It is not available in Canada outside of clinical trials because it is still being reviewed for public funding.
Ms. Jones said in a statement that the regulatory change strikes a balance between protecting Ontario taxpayers and providing access to life-saving medications.
She said the change “supports a consistent, fair and transparent approach to funding decisions” and “protects the integrity of Ontario’s world-class drug approval process.”
Decisions about coverage will continue through the established application process.
In the Ontario Superior Court of Justice ruling, justices Jean-Marc Labrosse and Sharon Shore said the province's reasons for denying funding to Mr. Shved were unreasonable and inadequately explained, adding that he will “likely be dead by Christmas” without the requested treatment.
They sent the matter back to the executive officer of the Ontario Public Drug Programs and requested a new decision with an expedited timeline.
A third judge, David Corbett, concurred that the decision should be nullified but disagreed on the approach supported by his colleagues.
He wrote that he would have directed the executive officer to recommend treatment and would have instructed the general manager of the Ontario Health Insurance Plan to expedite a funding decision.

Alex Shved and his wife Agata Zieba applied to Ontario's out-of-country program to see if the province would pay for Mr. Shved to be treated for Stage 4 melanoma in the U.S. The application was denied. GALIT RODAN/THE GLOBE AND MAIL
U.S. TO CHARGE VENEZUELA'S MADURO OVER ALLEGED TORTURE OF AMERICANS, OFFICIAL SAYS
Former Venezuelan president Nicolás Maduro and his wife Cilia Flores are expected to face new criminal charges in the United States over allegations that Americans detained in Venezuela were tortured, a U.S. official said on Wednesday.
The new charges could come as soon as Thursday, according to the official, who was briefed on the investigation.
Mr. Maduro, who led Venezuela for 13 years, and Ms. Flores were captured by the U.S. military from their home in Caracas on Jan. 3 and brought to New York to face drug trafficking charges. They have pleaded not guilty and are scheduled to go on trial starting June 1, 2027.
A spokesperson for the Manhattan U.S. Attorney's office, which brought the charges, declined to comment.
Lawyers for Mr. Maduro and Ms. Flores did not immediately respond to requests for comment.
The possibility of new charges was first reported by CNN on Wednesday.
Details of the new charges, including the identities of the alleged torture victims, were not immediately available.
Mr. Maduro, 63, and Ms. Flores, 69, have been held in a federal jail in Brooklyn.
REUTERS

Raz Zarfati, the sister of Ron Zarfati, who was killed in the Oct. 7, 2023, Hamas-led attack on Israel, attends a memorial marking the third anniversary of the event at the Nova music festival site near Kibbutz Reim in southern Israel on Wednesday. OHAD ZWIGENBERG/AP
Third year highlights startling transformation in region, where retaliatory war in Gaza has left tens of thousands dead
MELANIE LIDMAN REIM, ISRAEL
On a field where music festival revellers were gunned down by Hamas-led militants three years ago, Israelis on Wednesday embraced and wept for those lost in an attack that plunged the Middle East into war.
Israelis mourned at the site of the Nova Music Festival, as well as at bomb shelters, intersections and in communities targeted on Oct. 7, 2023. Tens of thousands gathered in Tel Aviv for the main ceremony organized by bereaved families, separate from the official government ceremonies.
On that day – the deadliest in the country's history – militants killed 1,200 people and took 251 hostage. Israel's retaliatory offensive killed tens of thousands of Palestinians, destroyed much of Gaza and drove most of its two million residents from their homes.
This is the first anniversary since all the hostages, living and dead, were returned. Signs calling for their return are mostly gone, but reminders of those who were killed are ubiquitous in a country still reckoning with the trauma of that day.
For Palestinians, the anniversary brings another day of fear and misery. Most Gaza residents live in squalid tent camps, with large parts of cities bombed to rubble. More than half the territory remains in the hands of the Israeli military. Despite a ceasefire deal reached nearly a year ago, Israeli strikes continue almost daily.
Israeli troops occupy a large chunk of southern Lebanon in their conflict with Hezbollah militants, who began firing on Israel in 2023 in support of Hamas. Iran, the United States and their allies are locked in a confrontation that has seen attacks across the region and has shaken the global economy – a conflict that Israel helped launch and that the war in Gaza paved the way for, even if the two conflicts weren't directly connected.
Hundreds of people paid their respects to the more than 350 people killed in and around the festival site. Videos from that day showed militants gunning down fleeing revellers, shooting the wounded at point-blank range and ambushing those seeking refuge in bomb shelters.
On Wednesday, survivors' relatives hugged at 6:29 a.m. – the exact time the first rockets were launched three years ago – as explosions boomed in nearby Gaza.
Anya Davitashili, who lost her 25-year-old son, Sean, said she visits the site every Saturday. It's where she feels closest to him.
“I have a video of him dancing here that ends at 6:29 in the morning. It’s in front of my eyes all the time,” she said. “Every morning, you wake up, and there is just endless missing.”
Larger ceremonies took place in the evening at the Nova site and in Tel Aviv, which paid tribute to both the people who were killed as well as those who responded and were forever changed, including doctors who helped identify bodies at the main forensics facility and a bus driver who took his own life after the attack, overcome by the devastation he had seen.
“We will bear witness and tell the story of the day the sky fell upon us,” said Eli Sharabi, who was held captive in Gaza for 16 months and lost his wife, two daughters, and brothers.
Elkana Bohbot, 37, is marking the anniversary in Israel for the first time since his release after 738 days of captivity. For most of that time, he said, he was held underground in a dark, damp tunnel.
Mr. Bohbot, who was abducted from the festival, was kept in a small cell with other hostages, given little food and allowed to bathe only every few weeks, he said. His captors forced him to take part in propaganda videos, including one where he acted out a fake call to his family.
In the year since his release, Mr. Bohbot has undergone physical and emotional rehabilitation. In August, his wife, Rivka, gave birth to a daughter, fulfilling his promise to himself in the tunnels to give his five-year-old son, Reem, a sibling.
The newborn Michele is “not a symbol for my people, she is more of a symbol for the enemy,” Mr. Bohbot told the Associated Press. “This child is the message for you that we were here and we will always be here forever.”
No events are expected Wednesday in Gaza, but Hamas in a statement defended their deadly Oct. 7 attack, saying it had returned the Palestinian cause to the world's attention.
"The conflict with the enemy did not begin on that day, [and] its final chapters are not written yet," it said.
Palestinians in the territory said their suffering over the past three years had previously been unimaginable.
"We witnessed death, destruction and bombardment that we had never known before," said Walid Akram, a Gaza City resident who, like most in Gaza, has been displaced by the war.
Raed Khozeiq's coastal neighbourhood in Tel al-Hawa was largely flattened. Nothing about his life now is the same, he said.
“No country in the world has gone through what we have experienced here,” he said. “A war of extermination, starvation, the absence of schools and universities – nothing remains.”
More than 74,000 Palestinians have been killed in Gaza, according to the territory's Health Ministry, which does not distinguish between civilians and militants in its figures but says around half were women and children.
The numbers from the ministry, part of the Hamas-run government, are seen as generally reliable by UN agencies and independent experts.
While a ceasefire that took effect Oct. 10, 2025, halted the heaviest fighting, Israeli strikes have continued, targeting what Israel says are Hamas militants.
Since the ceasefire, 1,460 Palestinians have been killed in Gaza, according to the ministry. Five Israeli soldiers have been killed in attacks in that period. Restrictions on the entry of goods and aid have contributed to a hunger crisis, food-security experts say.
A contentious election at the end of the month hangs over this year's anniversary in Israel. Voters are bitterly divided over Prime Minister Benjamin Netanyahu's leadership, his role in the security failures surrounding the attack and his refusal to launch an official inquiry into them.
The attack set in motion a cascade of events that led to wars across the Middle East as Israel confronted Hamas, Hezbollah and their backer, Iran. Israel has seized swaths of territory in Syria and Lebanon, where more than 300,000 Lebanese remain displaced.
The United States joined Israel in attacking Iran's military and nuclear program in two rounds, battering Iran and upending global markets far from the battlefield.
Violence has also risen across the Israeli-occupied West Bank, where Israel's far-right government has heightened restrictions on Palestinians while emboldening extremist settlers who have attacked them and destroyed their property.
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FROM A1

Justice Minister Sean Fraser speaks to media alongside Health Minister Marjorie Michel about the federal government's medical assistance in dying laws in the foyer of the House of Commons on Wednesday. JUSTIN TANG/THE CANADIAN PRESS
It is unusual for governments to provide overviews of coming legislation well before a bill has been tabled. Mr. Fraser gave no date for when the bill will land.
But the Liberals were under pressure to make a decision on MAID for mental illness on two fronts: The law that bars access to that cohort expires on March 17, 2027. Secondly, a Conservative private member's bill on MAID for mental illness was up for a vote in the House of Commons, and Mr. Fraser said the government felt it important to declare its position in advance of that vote.
MP Tamara Jansen's bill proposed amending the Criminal Code to bar those with mental disorders from accessing MAID, functionally the same approach the government will take.
Mr. Fraser said the government's opposition to Ms. Jansen's bill related to its terminology, and the broader decision to bar access to MAID for mental illness reflects concerns over inadequate access to mental-health services.
Earlier this year, a joint House of Commons and Senate committee studying MAID for mental health had also recommended that the system not be expanded.
Conservative MPs said it was frustrating to see the Liberals take an issue that has consensus and tie it with measures on advance requests, which have not been as extensively studied in Parliament.
Because the mental-health provisions must pass by March 17, that means the whole bill must pass by then, and the issue of advance requests is far more divisive, said Conservative MP Andrew Lawton.
"The Liberals are playing politics with people's lives," Mr. Lawton said.
Mr. Fraser was asked Wednesday whether he would consider splitting the bill but did not appear open to that idea.
“Although it’s nice to collaborate and take the perspectives of different parties, democracy doesn’t demand unanimity,” he said.
Quebec has allowed for advance directives since October, 2024 for patients with serious, incurable illnesses that lead to incapacity, such as Alzheimer's. The federal government has not challenged Quebec but has also not amended the Criminal Code to reflect advance requests.
It is unclear how many MAID procedures involving advance requests have been performed since then. The requests allow for patients to formalize their wishes ahead of when they no longer have the capacity to consent.
From November, 2024 to February, 2025, Ottawa held national consultations on the issue, which found that the majority of Canadians were broadly support-
ive of the idea.
The coming federal legislation would amend the Criminal Code so that if provinces choose to allow advance requests, medical practitioners wouldn't be charged with a crime for carrying them out.
Mr. Fraser said there would be more details on the advance request system when the bill is tabled but it would still be up to the provinces to decide whether to allow advance requests.
He said he expects this to spur a conversation at the provincial level on whether they will.
Pamela Wallin, an Independent senator who has long advocated for advance requests, said she is pleased to see the government announce its plans in this
area.
She said it means patients with “diseases like Alzheimer’s and dementia will have finally the right to make an advance request and to have some chance at a dignified departure and end to their life.”
But Ms. Wallin, who disagrees with expanding access to MAID for mental illness, said she thinks that issue is far from settled.
“I do think that will be dealt with in the courts because the fundamental question there is, can you exclude some groups from having the same rights as other Canadians?” she said. “It’ll be a slower process, and I think it eventually will come.”
Canada's current MAID regime is the product of a cascading series of court decisions.
The Supreme Court decision in Carter v. Canada led to MAID first becoming legal in June, 2016 for Canadians whose deaths were deemed “reasonably foreseeable.”
In 2021, the law was updated after a Quebec court decision allowed patients with incurable conditions to seek to end their lives. At that time, it was determined that people whose sole underlying medical condition is mental illness would not be immediately eligible.
The government placed a two-year pause to allow more time to study the delivery of MAID in this area. Since then, Ottawa has twice delayed implementation.
FROM A1
The federal government will retain ownership of the underlying land and assets, a structure that is common in Europe and Australia.
Indigenous investors are expected to take a minority stake of up to 20 per cent in YVR, two of the sources said, with majority control sold to institutional investors experienced in operating these complex facilities. Leading candidates for this role are large domestic pension plans such as the Public Sector Pension Investment Board, known as PSP Investments, which already operates airports in Europe and Puerto Rico.
The federal government and its advisers want Indigenous investment in YVR and other airports as part of a strategy to promote reconciliation and address concerns that privatizing operations will mean handing control to faceless asset managers, or foreign airport operators.
The government's airport privatization process is in its early stages, and the timing and structure of investments could change, according to the four sources.
Indigenous investors listening to pitches for stakes in YVR include the Musqueam First Nation, two of the sources said. The airport, located in the Vancouver suburb of Richmond, is on the Musqueam's unceded territory.
Last year, the First Nation struck a revenue-sharing agreement with the federal government on YVR, the country's second-busiest airport.
On Wednesday, Musqueam chief administrative officer Robyn McVicker said the First Nation wants a role in YVR's future.
“Following the Prime Minister’s announcement at the Canada Investment Summit, Musqueam indicated to government that any discussion and plans about the future of YVR must include meaningful participation by Musqueam Indian Band,” said Ms. McVicker in an e-mail. She said: “At this time, it would be premature to discuss any negotiations.”
Ottawa's advisers have also reached out to MST Development Corp., a Vancouver-based real estate company backed by three First Nations – the Musqueam, Squamish and Tsleil-Waututh, – according to one of the sources.
MST owns a \$3-billion property portfolio. CEO David Negrin has attended two fundraisers for Mr. Carney over the past two years. MST did not respond to a request for comment.
The Prime Minister also said Canada intends to draw on the experience
of other countries throughout the process – and learn from the pension funds and others who already own airports.
On Wednesday, Ministry of Transport spokesperson Marie-Justine Torres said the government is working on plans to bring private investment into airports “in partnership with Indigenous groups.”
"There are more important steps ahead, and details will be developed in the coming months working with the airport authorities," Ms. Torres said.
Canada's airports are run by non-profit companies that pay rent to the government and fund operations through a host of fees charged to users, including passengers, airlines, restaurants and shops.
YVR spokesperson Stephen Smart said in an e-mail that “YVR will continue to engage with the Government of Canada, as well as with Musqueam, given our unique relationship.”
At the Canada Investment Summit in September, Mr. Carney made signing operational contracts for airports a key part of his pitch to many of the world's largest asset managers.
“We, as a government, will be able to get tens of billions of dollars of proceeds from this process,” Mr. Carney said at the time.
The Prime Minister also said Canada intends to draw on the experience of other countries throughout the process – and learn from the pension funds and others who already own airports.
After Mr. Carney's announcement, Transport Minister Steven MacKinnon said the government would partially regulate airport fares and fees after privatization. He did not rule out costs rising for travellers.
An executive at the International Air Transport Association told The Globe last month that major airlines oppose the plan, warning it would drive up fees paid by the airlines, which would be forced to pass on the higher costs to travellers.
On Wednesday, a report from the University of Calgary's economics department said the government needs to set the rules on airport operations before inviting offers from institutional investors.
The country's four largest airports could fetch between \$12-billion and \$29-billion, according to the report's author, economist Aidan Hollis. In the report, he said: "That range is not a fact about airports, it is a bet on how they will be regulated."
Putting passenger-friendly regulations in place “will determine both what users pay and what the airports are worth,” Dr. Hollis said.
Canada’s airport authorities have long pushed for the federal government to reinvest the rent it receives from airports. Since the 1990s, the airports have paid a cumulative total of \$8.4-billion in rent to the government, including \$556-million in 2025, while spending more than \$30-billion in infrastructure and improvements.

Author Steven Galloway is seen through a window as he leaves B.C. Supreme Court during a lunch break at his defamation lawsuit, in Vancouver, on Tuesday. DARRYL DYCK/THE CANADIAN PRESS
FROM A1
She alleged he grabbed her by the throat, kissed her and threw her up against the bed in the bow when she tried to escape. She said she later managed to leave the vessel.
The woman alleged he said to her: "See, that wasn't so bad."
Mr. Galloway said this incident was a fabrication.
“That never happened, there was never a day in March of 2011 that we went to that boat,” he testified. “It’s hard to know how to dismantle it because the entire story is just fictional there aren’t facts to dispute.”
He told the court that if he had thrown the woman through the small opening to the berth, he would have injured her badly.
He also testified that later in their affair she asked him to stay on his boat because her husband's violent relative was coming to stay at their house.
"It's inconceivable that a person who reported thinking she was going to be murdered and thrown overboard would speak of the boat in subsequent years as a safe space," he said.
In the second incident, the court heard that A.B. said she got drunk on tequila shots bought by
Mr. Galloway at a creative writing program party. He then offered her a ride home but first said he wanted to go to his office to change out of his party clothes.
The court also heard A.B. told Mary Ellen Boyd, the retired judge hired by UBC to look into the matter, that she remembers him straddling over her with his penis exposed and after she objected, he backed off.
Mr. Galloway testified that he didn't think he offered to drive her home as they lived in opposite directions, but he did recall going back to his office where they had sex “with full consent from both parties.”
In a third incident, A.B. alleged that prior to a scheduled reading on campus by the author Miriam Toews in May, 2011, she found herself naked and hunched on the floor in Mr. Galloway's office. He had had sex with her and was watching a hockey game on his computer, she told Ms. Boyd.
But Mr. Galloway testified he was not in the room and text messages shown in court indicated that at that time he was watching the game at a campus pub.
Court heard Ms. Boyd found Mr. Galloway had sexually harassed A.B. because of the power differential between the two of them and A.B.'s belief that opportunities in the creative writing program were tied to their sexual relationship.
But Mr. Galloway testified he became program chair after their relationship ended in 2013 and that any power imbalance between them was “extremely minor.”
He said that during his 10-hour interview with Ms. Boyd, only about 10 minutes was spent on the sexual harassment allegation. He said his main focus was refuting the sexual assault allegations.

FROM A1
In March, Prime Minister Mark Carney pledged \$4.4-billion to “housing-related infrastructure” in Ontario, and in June, the government pledged \$1.6-billion over 10 years for such projects in British Columbia.
But experts suggest some of this spending could be put to better use, or avoided entirely.
That is because governments rarely ask a fundamental question: Where do we have unused capacity? Many urban neighbourhoods have water systems, roads, parks and schools that were built for larger populations than today's.
As new houses have been built across the Lower Mainland and the Greater Toronto and Hamilton Area, as apartment towers have swelled the populations of formerly desolate industrial districts, each city has maintained an archipelago of neighbourhoods where neighbours have become increasingly scarce.
The Globe compared figures from the 1971 and 2021 censuses for both Toronto and Vancouver, examining the population of “dissemination areas” – each one an area of a few blocks, typically home to about 500 people.
In the Vancouver region, 21 per cent of those areas declined in population over those 50 years, losing 76,424 people in total. Many other areas failed to keep up with the quick growth of the region.
In the Toronto region, the pattern is much more stark: Almost three-quarters of those established areas had declined by 2021, shedding a total of 540,789 people.
This pattern is hard to discern on the streetscape; these prosperous cities generally do not have crumbling, empty buildings or vacant lots. But the declines are subtly reflected in empty public-school classrooms, a lack of foot traffic and the closing of neighbourhood retailers.
The history of growth and shrinkage is shaped by a combination of demographic changes and specific
Change in population per hectare, 1971-2021 urban planning policies. But nothing is set in stone: Experts say these places could yet absorb more residents, often at a lower cost than building entirely new communities.
---
Several demographic trends contribute to the pattern of the shrinking city. Canadians today are living longer, having fewer children and occupying more square footage than previous generations.
Roland Haebler is a case in point. A general contractor, he was raised on the west side of Vancouver. He and his wife raised their two sons in a 3,400-square-foot house in Kerrisdale; they remain there as empty nesters, though their son's dog Hershy is often around the house.
“We live in the same space as when we had two boys who walked to school,” said Mr. Haebler, 65. Their pandemic project was to convert their coach house into a music studio. “And now we have a spare bedroom, and I’ve moved my study from the basement into one of the other bedrooms.”
Professor Maxwell Hartt, a geographer at Queen's University who studies population decline, says that this story is quite typical. In the shrinking zones of Toronto and Vancouver, “there aren’t a lot of vacant homes,” he said. “It is fewer people in the same amount of places.”
Canadians are having fewer children. Young parents often choose to move from cities to suburbs. And seniors – whose lifespan has increased from an average of about 75 to 82 in the past four decades – are largely remaining in place, by choice or by necessity.
The COVID-19 pandemic prompted thousands of people to migrate out of large cities, particularly Toronto and its adjacent communities. However, that pattern was outweighed until 2025 by high levels of international migration; both the Toronto and Vancouver metro areas have continued to grow in each year of the past decade except for last year.


THE GLOBE AND MAIL, SOURCE: STATISTICS CANADA
"There are, I'm sure, many retired people who would be happy to move down," Dr. Hartt said, "but there isn't a condo or an apartment nearby to move into in their community."
Mr. Haebler was surprised to learn that most blocks in his neighbourhood have lost people. Some of his neighbours have divided up their lots to make room for new apartments, often for their children. "Everybody's got a laneway suite now, and everybody's got a basement suite," he remarked.
"There's multiple generations living in homes where there was only one before."
Such small-scale additions to the neighbourhood, which planners describe as “gentle density,” don’t trouble Mr. Haebler. But these building projects are outnumbered by changes in the other direction. Empty nesters are more numerous; families are often smaller; and buildings are being converted from rooming houses or apartments into single-family homes. To reverse the current trend in Kerrisdale would require big, visible change, with mid-rise or even tall buildings permitted across a wider area.
“In Burnaby, there are high-rises going up everywhere,” Mr. Haebler mused. If such large buildings were permitted in Kerrisdale, “I don’t think I would like that very much.”
Mr. Haebler has no interest in selling his house to a developer, and would not support larger buildings on his block.
Such attitudes are common. And while new buildings generate political friction, nobody really notices when existing buildings shed some of their occupants.
The latter trend is common enough in Vancouver, but far more pronounced in Toronto. A large zone of the old City of Toronto, running along Bathurst Street westward to High Park and north to Eglinton Avenue, has seen declines of up to 40 per cent.
Through the 19th century, houses here were home to larger families, and it was common for homeowners to take in tenants. The crowding increased as immigrants arrived in large numbers following the Second World War: Among them were Italians, Portuguese, Poles and Ukrainians, who each settled the west side of the city and then in many cases became homeowners, often raising large families.
As these latter groups became wealthier and more established, they largely moved to the new suburbs of Metro Toronto and beyond. The side streets near the core continued to hold two- and three-storey houses, but those houses gradually became emptier.
---
On one side of the road, farm fields. On the other side, a concrete apartment tower rising 15 storeys from the new neighbourhood of North York.
This was the northern border of Metropolitan Toronto in the late 1960s, when the rapid growth of the city ran into strict boundaries.
The Metropolitan Toronto Planning Board enforced a vision of “urban contiguity,” as the historian Richard White puts it. Within a defined area, “development would be welcomed, but outside that designated urban area, development would be tightly controlled.” This pattern continued, imperfectly, from 1954 until the early 1970s, when the economic and political pressure for suburbanization won out. The regions around Toronto grew explosively through the 1980s and 90s, largely in the form of houses, while the City of Toronto stagnated. The past quarter-century has seen another reversal, pushing back against sprawl.
In the 1990s, the Toronto region saw increasing gridlock as cities experienced fiscal pressure; at the same time, environmentalists gained popular support to protect green space, especially on the Oak Ridges Moraine north of Toronto. In response, a Liberal government in 2006 introduced the Growth Plan for the Greater Golden Horseshoe, which sought to reverse sprawl by focusing new housing within urbanized areas. Toronto and its neighbouring municipalities were forced to accept more density.
Cyclists and pedestrians use the Arbutus corridor in Vancouver's Kerrisdale neighbourhood in May. Many blocks in the area have lost between 10 and 30 per cent of their population since the 1970s.
JENNIFER
GAUTHIER/THE
GLOBE AND MAIL
Likewise, Metro Vancouver's Urban Containment Boundary has directed almost all new growth inward since 1979, and the Regional Growth Strategy, implemented in 1996, reflected a similar attitude.
This “intensification” policy was driven in part by the understanding that the older city neighbourhoods had capacity to hold more people, said Victor Doyle, a planner who spent two decades with Ontario’s Ministry of Municipal Affairs.
CITIES, A8

FROM A7
“In house neighbourhoods, the population had declined dramatically from seven people in a house to two or three,” he said. “So the housing stock itself could accommodate lots of new people.”
And with the addition of new buildings, he added, “these zones could accommodate a lot more.” They had “soft infrastructure” such as parks and schools, and they were close to downtown jobs, particularly in Toronto.
But in each case, there was a catch. New residents moved into existing cities – but regional and provincial planning generally didn't dictate where they should go within those cities.
So, as in many other North American cities, a grand bargain was struck: New housing was pushed into the places where few people lived, principally industrial districts near downtown, while house neighbourhoods remained unchanged. In Toronto, the King-Spadina and Liberty Village districts rapidly transformed from industrial uses to high-density neighbourhoods with tens of thousands of residents.
“We protected certain neighbourhoods, so a lot of the geography of the city was insulated from change,” said Josh White, the City of Vancouver’s chief planner. “Those weren’t just geographic realities; those were geographic realities combined with political choices that we made.”
This has generated an uneven pattern of growth sometimes described as “tall and sprawl.” In Vancouver, that has meant high-rise residential buildings within the city’s downtown peninsula, and clusters in the suburban downtowns of Surrey and Burnaby. It has also meant mid-rise buildings focused on particular major streets, but not on the streets next to them.
As an example, Mr. White cited the Cambie Corridor Plan that added new housing when the Canada Line transit route was completed in 2009.
Development “is heavily concentrated physically on Cambie Street, to the exclusion of a lot of density even blocks away,” Mr. White explained. “That’s been the typical pattern of growth in Vancouver for the last couple generations. And that's one of the patterns we're trying to shift now."
The city's new Official Development Plan, which took effect in March, opened up the potential for new middle-density housing across a much larger swath of the city, organized into 17 new “villages.” The goal was to permit townhouses and small apartment buildings in areas that have seen little construction for decades, and to even out the city's peaks and valleys in population.
However, Vancouver City Council decisively rejected the villages idea in July. Councillor Sarah Kirby-Yung described the public response as “a landslide of opposition.”
Reversing the patterns of the past 50 years will be difficult, and there are serious political headwinds. Questions around new housing – how much should be added, where and in what form – have dominated Vancouver politics for a generation. Housing has not dominated Toronto's politics to the same degree, but change remains unpopular.
Still, intensification could pay fiscal and social benefits.
EMPTY SCHOOLS, EMPTY PIPES
In central Toronto, Darlene Varaleau remembers when the schoolyard at Bickford Park High School was full of action.
“This place used to be busy,” recalled Ms. Varaleau, gesturing at the high school and community centre across the street from her house near Bloor and Christie Streets. “All the children used to go to after-school programs and have swimming lessons here. And then the kids grew up, and most of them left.”
The high school sat in the public park of the same name. Now called Bickford Centre, the building opened in 1965 to serve a growing population of immigrants and local baby boomers alongside a city-run public facility called Bob Abate Community Recreation Centre.
It rises five storeys high and includes a gym, swimming pool and auditorium. But the school
A man walks his dogs through Bickford Park in Toronto in May. The nearby Bob Abate Community Recreation Centre opened in 1965 alongside a school, now called Bickford Centre. Both remain open, but the school is mostly empty.
LAURA
PROCTOR/THE
GLOBE AND MAIL
that once served 1,000 students is largely quiet. In the previous academic year, according to a Toronto District School Board spokesperson, Bickford Centre housed four small specialty high schools with a total of 77 students, while 386 adult students attended short-term programs.
At any given time, this facility is mostly empty. Ms. Varaleau, 74, is advocating for new community programs to make use of the building.
The school board offers one visible example of underused infrastructure in our big cities. For two decades, TDSB and Ontario's Ministry of Education have argued over funding of its facilities.
This tension is connected to the city's pattern of growth and shrinkage. In a few places, TDSB schools are oversubscribed. But the board has 301,366 classroom spaces and only 234,514 students, leaving nearly 69,000 empty seats. These are largely located in areas whose population has been declining for years.
Ms. Varaleau's block, steps from the Christie subway station, had about 750 people in 1971. As of 2021, it had roughly 500, and that number is shrinking.
“There was a migration out of this area,” Ms. Varaleau explained. “You know, these were big families. There were a lot of people in these houses. And now, this is a desirable place to live, so you’ve got two people where there were five or more.”
Indeed, the average household size across Canada has shrunk significantly over the past two generations, from 3.5 in 1971 to 2.4 in 2021. In Toronto, and particularly in older districts such as Ms. Varaleau's, the change is still more pronounced.
Children in Toronto today are heavily concentrated in a few places – largely the zones where many new homes have been built in condominium apartments. When young couples in those areas have children, many of them will stay in place or else move to the suburbs in search of more space. Houses in the central city, which remain more expensive, can be financially out of reach.
A similar phenomenon is occurring in Vancouver. The downtown Olympic Village neighbourhood, which has many young families, has seen calls for a new school for a decade. A new elementary school is now slated to open in 2029. At the same time, the Vancouver School Board's buildings in many other downtown areas are below capacity. Meanwhile, suburban boards are booming. Last year, the Surrey Board of Education approved a \$5.7-billion, five-year capital plan including 27 new schools.

Questions around housing have dominated politics in Vancouver for a generation.
JENNIFER GAUTHIER/THE GLOBE AND MAIL
Right: Roland Haebler and his wife raised their two sons in a 3,400-square-foot house in Kerrisdale; they remain there as empty nesters JENNIFER GAUTHIER/THE GLOBE AND MAIL


Because today's families are smaller than those of past generations, houses will likely need to be replaced by apartments. LAURA PROCTOR/THE GLOBE AND MAIL

Darlene Varaleau, above, is advocating for new community programs to make use of the Bickford Centre building.
LAURA
PROCTOR/THE
GLOBE AND MAIL
more road space was shifted from driving to mass transit, such as bus lanes and cycling.
In short, use what you have.
In both cities, particularly in Toronto, schools are maintaining empty space while new school buildings are being constructed from scratch.
New suburban development generally requires all-new infrastructure. And the cost of building it, in places where homes are spread out, is high.
A 2021 study by Hemson Consulting for the City of Ottawa found that when low-density suburban houses are built, they create a deficit: Their property taxes do not cover the cost of the public infrastructure such as water mains, each home leaving the city worse off by \$465 a year. Conversely, infill growth generated a surplus of \$606 per home - property taxes cover all the costs of infrastructure, and then some.
That holds true even in places where water infrastructure is aging and under strain, said Kerry Black, an associate professor and Canada Research Chair in the Department of Civil Engineering at the University of Calgary.
Calgary has coped with two water-main failures – on the same pipe, the 50-year-old Bearspaw South Feeder Main – in the past two years. But Dr. Black said such failures are about aging infrastructure, not heavy use. "In many cases we're not using these systems to their full capacity," she said. "But they are at their end of life and will need major repairs anyway."
Expanding cities out into new territory does not reduce that cost, she says; it simply adds new infrastructure that is costly and that will also need to be maintained and repaired.
“Imagine it in the context of a house,” she said. “I’ve got an old house, and now I’m going to buy a new one because it seems like it needs less maintenance.” But government, in this metaphor, keeps the old place and takes care of both.
The better solution, she suggested, is “to fix the existing house, to get the value for our money that we put into it at the outset.” Repairs or replacements to existing water infrastructure, she added, can also add more capacity in any places where it is needed.
Constructing all sorts of infrastructure “is far less expensive” in urban areas than it is in newly built neighbourhoods, said Shoshanna Saxe, associate professor of civil and mineral engineering at the University of Toronto.
Dr. Saxe argued that intensification could focus on neighbourhoods built after 1950. Many of these have similar patterns of population decline to those in older neighbourhoods.
And generally, Dr. Saxe said, these postwar suburbs have “overbuilt” networks of roads and water infrastructure. “It’s not just that there used to be more people there,” she said.
“It’s that we have capacity within our networks to add more people because of things like fire requirements.”
Water supply systems are designed to deliver pressure to meet peak demand – which is determined by requirements for fire trucks pumping water to fight a fire, typically 10 times the pressure required for normal demand. "In almost all suburban neighbourhoods you have more water capacity than you need to serve the people there," Dr. Saxe explains. "You could add lots of people before you needed more water pipes."
Their roads, meanwhile, “are hugely overbuilt” relative to the populations they support, Dr. Saxe said.
These road networks can accommodate more people if certain streets were consolidated and if
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To back up the idea that more compact cities are more cost-effective, Canadians would need to take stock of existing infrastructure. How do we do that?
“We don’t,” Dr. Saxe said. “If there are comprehensive studies, I’m not aware of them.”
Generally, Canadian governments build infrastructure in response to population growth; they do not count their existing assets.
But there is one exception, an existing model in Canada for directing growth to where the capacity is: transit-oriented development. Ontario's 2024 provincial planning statement directs new housing to transit stations. British Columbia has an analogous transit-oriented development policy, introduced in 2023.
Transit-oriented development is a well-established policy across the country – although it has not been widely implemented outside the Vancouver
Crowded (100-120%)
More than half of TDSB schools run under capacity
Each dot is a TDSB school. Colour shows enrolment as a share of capacity, 2023
THE GLOBE AND MAIL, SOURCE: TORONTO DISTRICT SCHOOL BOARD
Underused (60 - 80%)

region. Now, there are signs that this tool could start to open the door to change in existing house neighbourhoods.
Full (80 - 100%)
Jason Thorne, the City of Toronto's chief planner, pointed to recent planning changes that favour small “multiplex” apartments, and newly updated zoning that would open up broader zones around transit stations.
More couples have no children at home in Vancouver and Toronto
Percentage of couples, from 1981 to 2021
“We are starting to see more housing permissions in neighbourhoods than has ever been the case” since the beginnings of land-use planning 80 years ago, he said. This will make the decisions “about where we put infrastructure much more complex and complicated,” he said, because growth patterns may be less focused and less predictable.
Complicated – but possible. Could we simply redirect much of the new housing, and new people, across existing neighbourhoods? Dr. Saxe suggested yes, with a caveat.

THE GLOBE AND MAIL, SOURCE: STATISTICS CANADA
"The infrastructure could take it," she said, "but the buildings will look different."
This would represent a rethink in planning and in municipal politics. The generational compromise of “tall-and-sprawl,” block-by-block planning would be replaced by a different pattern, one that would allow growth across urban centres.
Because today's families are smaller than those of past generations, houses will need to be replaced by apartments. “There will be different types of units, different types of living, which will require construction.”
Individual houses were replaced, often one or two at a time, by buildings containing many more homes. (Across the Toronto region, more than 1,000 mid-rise and high-rise apartment towers were built in that postwar period, and they now house a total of a million people.) In both the Toronto and Vancouver cases, the street networks and public spaces remained largely intact as the housing stock changed.
What might this look like? For specific examples, we can look back to how Canadian central cities grew in the 1950s and 60s – with clusters of mid-rise and high-rise apartment buildings.
The City of Vancouver allowed the intensification of the West End; there, more than 220 high-rise apartment towers were added between 1962 and 1975, adding about 10,000 people. Toronto saw a similar but more dispersed pattern: Several central neighbourhoods, including the Annex, saw substantial apartment construction between 1954 and 1972.
Within those chosen zones, large new buildings and houses would stand alongside one another. Allowing private builders, and non-profit housing developers, to construct apartments across a much wider territory would shake up the markets for development land and for housing.
Or it could mean a more widespread adoption of density – altering regulations for big cities, or their most central neighbourhoods, rather than making new rules block-by-block. Instead of focusing around transit stations, a central-city policy would emphasize the general presence of amenities and transit.
Repeating this model on a larger scale could mean designating particular urban areas for redevelopment, as Vancouver tried to do with its rejected Villages initiative.
Politically, this would be very difficult – as evidenced by Mr. Haebler's reaction to seeing apartments in his neighbourhood, and the public outcry that led Vancouver politicians to pause the city's plan.
Still, Dr. Saxe suggested that some form of more focused metropolitan growth would generate serious benefits through building on the cities we already have. “We can take advantage,” she said, “of a massive, expensive, underused infrastructure.”

EDITORIAL
The subject who is truly loyal to the chief magistrate will neither advise nor submit to arbitrary measures - Junius
The election of a minority Parti Québécois government in Quebec on Monday is not just any political event. The PQ has vowed to hold a referendum on independence during its four-year mandate, adding itself to the short list of provinces, Alberta being the other, that is flirting with separation.
All of this is happening as Canada fights a trade war with the United States and is standing up to President Donald Trump's repeated threats to annex its neighbour. Unity is what the country needs and suddenly it has more disunity than ever. Or so it might appear.
The fact is that, while the PQ's victory is disturbing on the surface, it is in no way an enthusiastic endorsement of the party's referendum dreams. If the election reveals anything at all, it is that Quebec voters are ready to support parties that are right of centre and focused on improving the province's economy.
On the 50th anniversary of the PQ's historic first election to power in 1976, PQ leader Paul St-Pierre Plamondon has delivered the party's weakest victory ever.
At its peak in the 1970s, 80s and 90s, social-democratic PQ governments would win over 40 per cent of the popular vote and hold solid majorities in the National Assembly.
Since then, the party first led by René Lévesque has had little success as Quebeckers' desire for independence has waned.
It last formed a minority government in 2012 with 31.95 per cent of the popular vote.
Mr. St-Pierre Plamondon took the PQ to a new low Mon-day. His party received just 27.9 per cent of the popular vote, the lowest of any party forming government in the province's history, let alone the PQ's. He won 59 seats, five short of a majority.
While this is a step forward for the PQ, which held seven seats going into the election, it cannot reasonably be called a mandate to hold something as consequential as another referendum.
Nearly six out of 10 Quebecers (58.2 per cent) cast votes for the three parties explicitly opposed to another referendum: the Liberals, the Conservatives and Coalition Avenir Québec.
Even Mr. St-Pierre Plamondon knew that independence wasn't top-of-mind for voters. He softened his position just prior to the campaign to say he would only call a referendum after Mr. Trump leaves office in January, 2029.
If voters were hungry for anything, it was change. The incumbent CAQ, which formed two majority governments in a row, didn't win a single seat.
Voters instead spread their ballots across four parties, including the left-wing, pro-independence Québec Solidaire. That party saw its seat count drop by two and its share of the popular vote fall three points.
The Conservatives, meanwhile, went from one seat to 19, while the business-oriented and avowedly federalist Liberals went from 18 to 40.
The parties that benefited most from the collapse of the CAQ can be said to be right of centre, albeit to different degrees, the (formerly left-leaning) PQ included.
All three promised to restrain government spending, balance budgets, shrink the bureaucracy, cut regulatory red tape and lower taxes – especially business taxes. The Liberals and PQ targeted small and medium-sized businesses, while the Conservatives pitched a whopping across-the-board corporate tax cut of 59 per cent.
All three parties also promised to reduce permanent and temporary immigration to the extent that the province can do that. And two of them – the PQ and Conservatives – pushed hard on crime and public safety, promising to hire more police officers and prosecutors.
The real take-away from the election is that the vast majority Quebeckers put their faith in parties that will address the province's economy and other issues from the right of centre. Less than one-third of them also put their faith in a party that wants to hold another referendum – a figure that aligns with polling that shows support for independence is perennially mired at about 30 per cent.
Mr. St-Pierre Plamondon is stuck with his promise to hold a referendum some time in 2029. Most Quebeckers, with more pressing issues on their minds, would seem to prefer it if he didn't bother.
JAMES KELLER
NATIONAL EDITOR
CHRISTINE BROUSSEAU
MANAGING EDITOR, PRIORITIES
ANDREW SAUNDERS
PRESIDENT AND CEO
DAVID WALMSLEY
EDITOR-IN-CHIEF

David Parkin 62026
OUT WITH THE OLD
Re “The PQ is back in office without a lot of people power behind the next premier” (Oct. 7): I’m not too excited by the Parti Québécois getting the most seats in Quebec.
While they campaigned on holding yet another referendum on separation from Canada, they only have a minority government with the provincial Liberals and Conservatives vowing to block any such vote in the National Assembly.
More significantly, the Coalition Avenir Québec government of the past eight years went to zero seats. I suspect voters badly wanted the CAQ gone and the PQ was the best vehicle to achieve that.
This is nothing new. Voters often cast ballots against a party, not for one.
classic episode of The Simpsons, Fat Tony explains his criminal enterprise to Bart. He resorts convincingly to a series of reasonable hypotheticals which starts by asking, “Bart, um, is it wrong to steal a loaf of bread to feed your starving family?” I laugh even now at the satirical cartoon.
But it's less amusing when this same “logic” is inverted and advanced to persuade us that a 25-year mandatory minimum for first-degree murder is unconstitutional. This absurdity is compounded by alternative attacks: for example, that the number is arbitrary, as if the proffered 15 years somehow isn't, or statistical comparisons to other supposedly more enlightened and invariably lenient jurisdictions. The logic is circular and, I believe, specious.
Organization for Economic Co-operation and Development's Program for International Student Assessment in reading, mathematics and science, it's also critical to consider what the more granular results suggest: that standardized testing was never the simple answer for educational attainment.
Saskatchewan's inconvenient truth shouldn't be ignored as the only province without a standardized testing program in high school during the scoring period. It bucked a trend: Provincial scores went up in science and mathematics; in reading, scores dropped the least of all the provinces.
Bryan McConachy West Vancouver
MARKET FORCES
Re “Whose interest?” and “Head in the sand” (Letters, Oct. 6): An interesting juxtaposition of commentary about energy resources highlights the dynamics of how our society views technology and the environment.
The oil industry certainly appears to be tipping the scales in favour of oil sands consolidation (“Cenovus bulks up on oil sands with \$5.7-billion Athabasca buy” – Report on Business, Oct. 6). Yet we also learn that innovations will enable solar panels to convert more sunlight into usable electricity (“U.S. solar producers say they are close to breakthrough” – Report on Business, Oct. 6).
I remain optimistic that the marketplace will determine winners and losers and which energy assets end up stranded. After all, a pipeline “approved” does not necessarily translate into a pipeline built.
Chris Gates Cobourg, Ont.
Too bad that Cenovus, though headquartered in Calgary, isn't really a Canadian company with only 18.1 per cent of shareholders located in Canada, according to available information. Shareholders located in the United States own 36.5 per cent of the company, while the rest are mostly located in other foreign countries and 11.2 per cent are of unknown geographic location.
Even Canadian Natural Resources is 59.7 per cent owned by U.S. shareholders, while Imperial Oil is 68 per cent owned by Exxon-Mobil.
Too much of Canada's natural resources are foreign-owned. Mike Priaro Calgary
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Re “Does Canada punish murder too harshly? B.C.’s top court wades into the debate” (Oct. 5): In a
Twenty-five years at least staves off the prospect of repeated parole hearings for the surviving family of murder victims. They are real people suffering real harm. They are not hypothetical.
■ Ron Beram Gabriola, B.C.
I don't think “faint hope” is the right term for the clause which gives convicted murderers the right to a parole hearing after 15 years of their 25-year sentence.
The article shows that fully 72.5 per cent of applicants were granted earlier parole.
■ Jim Duholke North Vancouver
UP AND DOWN
Re “As international student numbers tumble, domestic post-secondary enrolment rebounds” (Report on Business, Oct. 2): Finally some positive news in this sorry saga.
Let's call a spade a spade: It seems many of the so-called students coming to Canada were not here for education, but for a shortcut to landed immigrant status. It has been reported on numerous occasions about schools set up to milk the system and reap tuition fees.
The only people wringing their hands now are the immigration consultants who earned income on student placement, the colleges and universities who lined their pockets with higher tuition fees and the employers who padded their profit using cheap labour instead of hiring Canadians.
Now we're educating more of our own youth and creating a more qualified Canadian work force, instead of having to attract educated workers from other countries. It seems to me that is what our education system was supposed to do in the first place.
Graham Farrell Toronto
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Re “The education system’s failing report card” (The Sunday Editorial, Oct. 4): While Canadians should be concerned about academic declines on scores from the
Follow the data. Rather than more failed testing, we should redirect the millions that fund testing programs back into classrooms, teachers, educational assistants, specialists and the more general fight against poverty.
■ Marc Spooner Regina
Thank you for shining a light on the complex headwinds facing Canadian education.
For literacy in Ontario, things are shifting with an updated curriculum and the introduction of early literacy screeners. But even when a student is screened, what happens if they are behind?
Many students, especially those who are older, continue to flounder in a system that gives them accommodations, modified grades and laptops instead of literacy assessments, appropriate interventions and progress monitoring. Added to this challenge, there is little consistency across schools within a board, let alone across boards within the province.
How do we know this? We live it every day. Our kids floundered and we had to find solutions outside the system. Not everyone can. No one should.
We need both more investment from the government and accountability from our school boards. There is no time to waste. All kids deserve to learn how to read.
■ Jackie Wylde VP, International Dyslexia Association Ontario; Toronto
■ Alison Bing Director, International Dyslexia Association Ontario; Mississauga
FEEL SEEN
Re “I thought aging had made me invisible, when really I had become camouflaged” (First Person, Oct. 5): Invisible by 60? There is hope. In 30 years’ time, you would be 90 and not believing the attention you receive.
Nobody can believe you're still alive, walking around unaided, talking intelligently. If I had known I was going to be this visible at 90, I would have gotten here sooner.
Elizabeth Thompson
Oakville, Ont.
DENNIS CHOQUETTE
DEPUTY EDITOR, REPORT ON BUSINESS
PATRICK BRETHOUR
EDITORIALS EDITOR
GARY SALEWICZ
EDITOR, REPORT ON BUSINESS
NATASHA HASSAN
OPINION EDITOR
MATT FRENCH
HEAD OF VISUALS
MATT FREHNER
MANAGING EDITOR,
PRODUCTS AND PLATFORMS
MELISSA STASIUK
HEAD OF NEWSROOM DEVELOPMENT
Legislation currently
before the Senate would
make that a reality
MONTY GHOSH
ERIC YOSHIDA
ROBERT STRANG
OPINION
Monty Ghosh is an associate professor in the University of Alberta's Faculty of Medicine and Dentistry.
Eric Yoshida is a professor in the University of British Columbia's Department of Medicine.
Robert Strang is the chair of the Council of Chief Medical Officers of Health.
When Canadians reach for beer, wine, or spirits, most think about taste, price, or occasion. Few think about cancer. In Canada, this may be about to change.
Bill S-202 is now at third reading in the Senate and is expected to move to the House of Commons this month.
If passed, it would become the first alcohol labelling bill to clear a chamber of Parliament. The bill would require alcohol products to carry a clear health warning, including about alcohol's direct link to cancer, cirrhosis, mental-health concerns and addiction. Canadians have a right to straightforward, evidence-based information about the health risks of the products we consume – including alcohol.
Alcoholic beverages are classified as a Group 1 carcinogen, a designation reserved for exposures conclusively shown to cause cancer. Among consumable products sold in Canadian grocery stores, only two fall into this category: alcoholic beverages and processed meats. Alcohol's cancer risk is not speculative, indirect or disputed.
The burden is substantial. A study in Nature examining 30 modifiable risk factors ranked alcohol as the third-leading cause of new cancer cases worldwide, after tobacco smoking and infections. In Canada, it was estimated nearly 9,500 cancer cases and 3,900 deaths would not have occurred without alcohol in 2022. Alcohol has also become one of the leading causes for liver transplantation in Canada.
Yet public awareness of alcohol's serious health risks remains low. Only one in three Canadian adults who drink alcohol know that it causes seven different types of cancer, including breast, liver and colon cancer. Even fewer know that risk rises even at "moderate" levels of one to two drinks daily. At this level the estimated lifetime cancer risk increases by 1 to 3 per cent for men and 2 to 5 per cent for women. Put plainly, out of every 100 women who drink at this level, two to five will develop cancer because of alcohol. Those numbers may look small, but across a population they add up to thousands of preventable cancers.
Critics call this fear-mongering. The science says otherwise. Alcohol is associated with injuries, impaired driving, family violence and other social harms. Alcohol is ranked the top substance to cause harm in Canada. The risks to individuals are real and the damage at the population level is profound.
The economic costs are equally stark. Alcohol is conservatively estimated to impose nearly \$20-billion annually in societal costs in Canada, including health care and criminal justice costs, far exceeding government revenues from alcohol sales.
Canadians already expect products that pose health risks to carry clear warnings. Medications disclose side effects and contraindications. Tobacco and cannabis products display prominent health warnings. Foods high in sodium, sugars or saturated fat must now carry front-of-package warning symbols. Even energy drinks now require “cautionary labels.” Yet alcohol remains one of the few consumer products sold in Canada that is not required to communicate this risk on its label. Bill S-202 would bring alcohol labelling in line with the consumer right-to-know standards that already apply across Canada’s regulatory system.
Do warning labels work? Their purpose is to communicate risk and support informed choice, not to eliminate drinking. An analysis of decades of research, led by Canadian researchers Erin Hobin and Tim Stockwell and published in The Lancet Public Health, found that alcohol labels effectively communicate health risks and support safer alcohol decisions. In real-world settings, such labels are also associated with modest but meaningful behaviour change, including a 6-per-cent reduction in per capita alcohol sales.
In a Canadian survey of nearly 10,000 adults, 72 per cent said a label stating the alcohol-cancer link would make them think about cutting back. That is informed decision-making, not fear.
Momentum is building. In Canada, a joint statement from the chief medical officers of health from all 13 provinces and territories calls for nationally mandated alcohol warning labels. A growing number of Canadian organizations endorse labels, including the Canadian Cancer Society, the Canadian Medical Association, and others.
Governments have long recognized their responsibility to inform Canadians about product risks through health labelling. Clear risk communication is not about prohibition or moral judgment. It is about transparency, consistency and informed choice. Bill S-202 offers a low-cost way to close the gap between what people know and what science has long established.

Prime Minister Mark Carney participates in a joint news conference with President of the European Parliament Roberta Metsola, not shown, at the European Parliament in Strasbourg, France, in September. JUSTIN TANG/CP
LAWRENCE MARTIN
OPINION

The Nobel Peace Prize is being announced Friday and Prime Minister Mark Carney is considered a contender. Can we imagine if it's the Canadian who takes the award and not the man in the White House who has hardly let a week go by without sounding desperate for the honour?
Donald Trump claims he has ended no fewer than eight wars. If you adjust the definition of war to include skirmishes, vigorous tussles and dust-ups, it's true.
Instead of him for the prize, how about the Canadian who he helped bring to fame with his attacks, and who is in the process of building a middle-power coalition against Mr. Trump's hegemonic bullying?
Mr. Trump would be catatonic. His belligerence toward lifelong neighbour and friend Canada would be seen to have backfired even more than it already has.
Since his landmark speech at the World Economic Forum at Davos in January, Mr. Carney has been praised widely for his poise and eloquence in articulating the case against Mr. Trump, who is an intellectual flyweight by comparison.
The possibility of the Prime Minister winning the Nobel is enhanced by the fact that there is no clear favourite this year.
But Mr. Carney has been in power only a year and half. He hasn't negotiated a peace treaty or an arms accord or ended a war.
He has been hesitant in addressing the sudden and alarming threat to world peace that is artificial intelligence.
To give him the Nobel honour this year would be premature. We need see how his campaign of resistance to Mr. Trump develops, if progress is made on an international order to counter the U.S. President.
Were Mr. Carney to win the Nobel Prize, it would bring to mind Barack Obama winning in it in 2009, less than eight months into his presidency. The choice was criticized because though his speechmaking was inspirational and his multilateral ideals laudatory, Mr. Obama had no tangible achievement in international diplomacy at the time.
He expressed doubts himself whether he was worthy of the honour. Mr. Carney might feel the same way were he to get it.
Other possible winners include Ukrainian President Volodymyr Zelensky, child rights advocate Mykola Kuleba, Pope Leo XIV and a non-person, the International Space Station. Pope Leo's work should be noted not only for his speaking out against international conflicts but for his AI encyclical, Magnifica Humanitas, a clarion call to prevent the human race from succumbing to technology. But oddly, curiously, no pope has won the Nobel Peace Prize since its inception in 1901.
Canada's Nobel winning record for individuals can be embarrassingly counted on one finger, Lester Pearson being the sole winner in 1957. (The Pugwash Conferences on Science and World Affairs was a joint winner in 1995.) The U.S. has had 23 winners, Britain 12, France nine, and Switzerland, home to many peace organizations, six.
Mr. Carney has a considerably better chance of winning another prestigious prize: Time Magazine's Person of the Year honour. Canada's record is even more dismal for this distinction than for the Nobel. It's been awarded since 1927. We've not won it once.
The Time designation is not a peace prize but is based rather on global influence and news impact. Prediction markets see Mr. Carney as a leading contender. As an international newsmaker, he has eclipsed European and other leaders in becoming the standard bearer for an alternative geopolitical vision to the dictates of the megapowers.
Mr. Carney hasn't always resisted Mr. Trump at home or abroad. Oftentimes he has given in, but the foreign press coverage has focused on his Davos speech and his being the leader bold enough to retaliate against the Trump tariffs.
With the exception of Fox News and far-right media taking their cue from Mr. Trump's White House minions and attacking him regularly, Mr. Carney has gained widespread respect. In an interview with The Guardian this week, Canada's national soccer team coach, Jesse Marsch, who is an American, compared the Canadian leader's calm, intelligent air to that of Mr. Obama.
The Wisconsin-born Mr. Marsch stoked controversy in saying Americans are “inundated with propaganda” from a young age and “feel like we deserve to be treated differently because we’re Americans.” Multi-ethnic Canada is so refreshingly different, he said, praising Mr. Carney for his diversification strategies, in particular his outreach to Europe.
The Person of the Year honour has gone to Mr. Trump twice for his election victories in 2016 and 2024. This year, Mr. Carney would be a worthy recipient. It would en- rage the Oval Office demagogue, maybe enough to bring on more tariffs or to have him rename another lake, thus enhancing the Canadian's stature all the more.
LISA WADE
OPINION
Author of Exposed: A College in Crisis Puts Science to the Test and American Hookup: The New Culture of Sex on Campus
During a lull in what Jane Doe has alleged was a seven-hour sexual assault, a Cornell University Chi Phi brother sent a vulgar but audacious text to his fraternity group chat. It stated that a woman's body was "free" for the taking upstairs. Another member later responded: "Shop still open?"
These do not appear to be the words of men who fear consequences for their behaviour. And in fairness, fraternity men commit crimes with little consequence all the time.
On any given campus with Greek life, fraternity houses are sites where alcohol is served to minors. Many are also places where hazing, illegal drug use, assault and battery, and, yes, sexual violence occur. Yet U.S. colleges and universities have an abysmal record of holding brothers accountable.
As a sociologist who's studied U.S. college life for more than 15 years, I've learned that risk-taking
\- and more perniciously, risk-making - is not incidental, but rather long constitutive of the power and pleasure of membership in historically white fraternities with generational wealth.
The first social fraternity was founded in 1825 by a group of men at Union College in Schenectady, N.Y., 170 miles south of the Canadian border. An invite-only organization, Kappa Alpha gave its wealthy members the opportunity to segregate themselves from peers they considered lesser. They then endeavoured to do things the administration did not want them to do – including the pursuit of sex with women. “I did get one of the nicest pieces of ass some day or two ago,” wrote one fraternity man to another in 1857.
“Fraternities constituted a rebellion against authority,” wrote Nicholas Syrett in The Company He Keeps, his history of white college fraternities. They openly disobeyed college authorities, asserted a previously disallowed independence, and engaged in “forbidden” activities. “[T]he thrill derived,” wrote Mr. Syrett, “not just from the activities themselves but also from the fact of their illegality.”
The idea of an exclusive, decadent, nose-thumbing secret society spread like wildfire. New organizations were formed with regularity. By 1861, there were nearly 300 chapters in the eastern and southern U.S. states, where higher education was gaining ground.
College and university presidents were mortified by this development. A survey of these leaders, reported by the president of Amherst College in 1863, found them flabbergasted about how to rid themselves of the infestation. They described fraternities as “injurious,” a “plague,” and “evil.” “They have led to greater unkindness and ill feeling than almost any thing [sic.] else in college,” said one. Many presidents vowed to eliminate fraternities but failed.
The power of fraternities escalated throughout the next 100 years, but 1984 was a turning point. That year, the U.S. government informed its 50 states that federal transportation funding would soon be contingent on raising the legal drinking age from 18 to 21. By 1987, the only place an underage student could reliably get free alcohol was a frat house.
The decision by authorities of all kinds to allow fraternities to persist in serving underage drinkers sent a clear message to members: You are allowed to do illegal things. Fraternity brothers also face few consequences for hazing, which is illegal in 44 states and the District of Columbia; for the shocking amount of assault and battery reported on many of their properties; for the illegal drug use and dealing ubiquitous in these organizations; or for the death-defying parties they threw during the height of the COVID-19 pandemic in violation of public health orders.
If many fraternities aren't so much a social club as a criminal club, why do colleges and universities treat them with kid gloves? In part, it's because a thriving Greek life is a huge asset. With billions in real estate, fraternities and sororities house a quarter-million students each year. In funnelling money toward partying, fraternities provide students the raucous good time adults promise when they insist college will be “the best time of your life.” Because they often operate on private property, fraternities shield their host institutions from some liability. And it’s a windfall financially. Party-oriented students are more likely to apply and pay full tuition and Greek-affiliated alumni contribute an outsized portion of donations. These broader networks are also valuable for securing high-status jobs in elite occupations, which also boosts a school’s reputation.
Every blue moon, after a scandal, there is genuine accountability. But even the truly grotesque controversies have thus far done little to undermine old-line fraternity men's power. We shouldn't expect otherwise. The sense of entitlement so often cultivated by fraternities, and the broader institutional deference to them, is why we both love and hate them. And this latest scandal alleges how brazenly bad the boys really can be.
KONRAD YAKABUSKI will return.
Small spaces are trending in a big way. Statistics Canada's New Housing Report finds that condominium apartments have become the most prominent dwelling type in Canada. In 2024, 45.1 per cent of completed homes in Canada excluding rentals were condos, according to the report – an increase from 38.6 per cent a decade prior. A smaller physical footprint doesn't mean you have to skimp on style. But maximizing the impact of each piece you bring into the space requires a thoughtful approach.
"The most common mistakes [people make when furnishing a small space] are overcrowding the space, choosing furniture that is too large, neglecting storage and lighting or prioritizing aesthetics at the expense of comfort and ease of movement," says Gilles Gagnon, general manager, furniture department at Tanguay, a Quebec-based furniture store.
Here are five expert tips for maximizing your living space to its full potential.

FIND FURNITURE THAT FITS THE SPACE
This may seem like a no-brainer, but it can be more complicated than you think. A misconception many people have is that bigger furniture means more comfort, which couldn't be further from the truth.
Let's say you're furnishing a smaller dining room space, for example. Emmanuelle Turcotte, a dining room buyer in Tanguay's furniture division, recommends looking for dining chairs that can be neatly tucked into your table.
"You can have a very comfortable chair without an arm, which is a bit smaller and makes it easier to circulate around the table," Turcotte says. "That's the mistake people can make. They buy a bigger chair because they think it will be more comfortable. But the space will look very small that way, especially if [it's a small table] with a big chair – it will shrink."
Bulky furniture leaves you less room to move around, making a space less comfortable.
---
---
The colour and material of your furniture are just as important as the size. For small spaces, opting for transparent furniture – made of glass, clear acrylic or with slim metal legs – and light colours can help to create the image of space.
"Allow light and sightlines to flow freely throughout the space,"

Series 8207 Rounded Media Console 63'
Gagnon says. "Furniture that can be seen through instantly creates the illusion of a larger room."
For example, when it comes to your living room couch, Gagnon advises choosing a compact model with narrow armrests and raised legs, which allow light to pass underneath and can create the visual illusion of more floor space. Consider Tanguay's 5-Piece Dining Room Set that features a glass table and arm-less chairs.

Carol Dining Table
---
---
Living in a small apartment often means that your living and dining rooms are really one room. Furniture and accessories can be artfully used to create the feeling of separation and distinct zones.
A key tool? A great rug. "If the living room is open to another area, such as the entryway or kitchen, use a large rug to clearly define the living space," Gagnon advises.
If you're looking to separate functions without blocking natural light, the back of a low-profile sofa or a sideboard can also work as a subtle room divider.
---
---
When it comes to your living space, you'll want to take into account the flow of the space and your ability to move through it seamlessly.
"Every inch counts," Gagnon says. "Furniture placement can easily obstruct main walkways, block the opening of doors, windows or closet doors and hinder access to electrical outlets."
For dining and living room spaces Turcotte recommends round or circular tables, which help people naturally circulate around the table without blocking off walkways and shrinking the room.

Round Dining Table

Nuvola Sectional with Storage and Built-In Bed
---
---
Anyone who has lived in a small home knows that storage is sparse, meaning your furniture has to work even harder. Gagnon recommends opting for dual-purpose pieces that reduce the overall number of furniture pieces in your space.
"A rectangular or round ottoman placed in the center of the living room or beneath a window can serve as a footrest, an extra seat and a hidden storage solution for blankets, cushions or toys," Gagnon says.
Your larger pieces can be equally functional, comfortable and nice to look at. Tanguay's Nuvola Sectional with Storage and Built-In Bed, for example, acts as both built-in storage and additional sleeping options for overnight guests.
Additional tips and tricks include using nesting tables, which can be easily stacked or extended as needed, or a lift-top coffee table in the living room, which can be raised to a comfortable height for dining or working on a laptop, turning your living room into both a dining room and in-home office.
For Turcotte, these expert tips reinforce that the design quality of a room comes down to styling and strategic decision-making – not size. "[Size] doesn't affect the look or the quality of the product, or your living space," she says.


TIFF chief programming officer Anita Lee, from left, TIFF market head Charles Tremblay, TIFF CEO Cameron Bailey, Culture Minister Marc Miller, Telefilm Canada director and CEO Julie Roy and former Toronto mayor and incoming TIFF board chair John Tory attend the ribbon-cutting ceremony for the market on Sept. 12 in Toronto. BRIAN DE RIVERA SIMON/GETTY IMAGES
Market head Charles Tremblay sits down with The Globe to discuss what the numbers say
BARRY HERTZ
SCREEN TIME

Last month, organizers behind the inaugural edition of the Toronto International Film Festival's official market proclaimed that the event was a success across the board, with organizers hailing “strong attendance, sold-out sessions and marquee sales.”
Yet the numbers behind the market, which gathered buyers and sellers of film, television and interactive content for seven days of hopeful deal-making inside the Metro Toronto Convention Centre (MTCC) – and which was made possible by \$23-million in federal funding – tell a different story.
And that's a story that TIFF's market head Charles Tremblay wants to clarify. Sitting down with The Globe last week for a wide-ranging interview, Tremblay discussed the highs and lows of the organization's biggest bet since the 2010 opening of its Lightbox headquarters.
---
Will you allow me to shed light on a few things you said in your article the other week?
Last December, TIFF said it'd provide 650 market screening slots, but the release said just 196 were booked, suggesting a lack of appetite compared with inventory.
The 650 number included the combined press and market screenings that every festival title gets, but the total number got cut down to 450 around March. The reason for that is we had planned on building three theatres inside the MTCC, and those plans were dropped because it was too heavy a lift for our first year, logistically and operationally. So that brought our inventory down. The actual number is 196 paid market screenings, and then 255 press and market screenings for a total around 450. That's how we get to those numbers, but I get that it requires an explanation.
The other number was market delegates. You said there were 7,010 this year, a 40-percent increase compared with TIFF's 'informal, previous offering, which typically drew 5,000 people to the city.' But materials published by TIFF last year noted 6,000 industry delegates at the 2025 festival, making the attendance jump this year just 16 per cent.
What I can say is that ever since I started, we've always worked with 5,000. Not to dismiss it, but the number that matters to me is 7,000. That's a very solid number for the first year, and an increase regardless. From an operational point of view, we met our revenue target as far as badge sales go.
---
Hard to say – I think those were projections from way back. It's conceivable. For me, the important thing for the market is to become what it needs to be for the industry. I know that sounds vague, but it feels like as long as it's useful for the people who are interested and need it, then we're good. It's not growth for the sake of growth. The market could be a very good service to the industry even if it's 10,000 or 9,500. It needs to be for the Canadian industry first, and then whatever the international industry needs it to be.
---
There are two components to market attendance. The core of it is sellers and buyers, who represent about a third of the delegates. The other part, the vast majority, are there for the programming. They attend the market to network, go to talks, et cetera. Those two contingents have quite different objectives. The availability of market screenings and the quality of the venues are of no concern to the vast majority of the people there for the programming. The people mostly there for the programming, the feedback is overwhelmingly positive. We doubled the number of sessions, 40 to 85. The number of speakers doubled. Attendance almost tripled from around 6,000 to 16,000.
In terms of being a place where business gets done, we only saw two sales of note: Universal paying US\$10-million to acquire River, which was kind of a buy-back situation, and Sony securing key markets for The Surgeon, which we don't have a number for. Do you have an update on how much other business was sparked from market activity?
I don't. To be honest, sales agents don't call us every time they make a sale. You have those big splashy deals that make it into the trade publications, and then smaller things. What I can say is that a lot of sales agents I talked to were surprisingly pleased by the number of good meetings that they had, the number of them and the quality. As for the volume of business, we're sending out a survey in the next couple of days, and we'll see how much they're willing to share. As you know, the American Film Market is upcoming, so some of the discussions started here will maybe close in L.A.
We're talking a lot about the film side, but this was launched with the intention of being a content market, with a focus on TV and interactive projects, too. But we haven't heard much about business on that side.
I would say it's the first year and markets in general are geared toward films. In programming, we had a good chunk of TV projects. Is there room to grow that sector? I think so. I'm pleased with the immersive hub we had. But yes, I won't deny the larger part was film. That's bound to change over the years.
A big reason that this market exists is because of federal money. What kind of return on investment was Ottawa looking for, and do you think that they found it in the inaugural edition?
I believe they did. It was in terms of quality and substance. There wasn't a set target that they needed in terms of revenue. What they wanted was a content market that would deliver for the Canadian industry and bring the world here. We haven't had an official review with them, but I'm fairly confident that they would be quite happy. I know Telefilm was thrilled with the activity they had at their stand. And the labs, the IP exchange, the project market, all these programs had majority Canadian participation.
---
The earned revenue component is pretty substantial, but I don't know of many similar markets that are completely without public funding. It can be successful with probably a lower share of investment. Without any? I think it would be difficult.
This interview has been condensed and edited.
online internet sales."

The son of Latha and Stephen Mitchell Sr., Stephen Mitchell Jr., died by suicide after purchasing poison from Kenneth Law. They appear in CBC's new documentary The Poison Seller. CBC/BLUE ANT STUDIOS
J. KELLY
NESTRUCK

TELEVISION
The tragic power of Romeo and Juliet comes from the way Shakespeare sequences its final dramatic events.
Romeo buys lethal poison from an apothecary while a letter is on the way that would stop him from taking his life. The message's arrival is delayed just a moment too long to reach him because of an outbreak of pestilence.
The Poison Seller, a new documentary about the chilling case of Kenneth Law that has its broadcast premiere on CBC's The Passionate Eye on Wednesday night, is powerful for similar reasons.
Over the course of its 45-minute running time, the documentary outlines the tragic lost opportunities to have stopped Law, a Canadian former cook whose pandemic pivot was to sell suicide kits and lethal substances online.
Public-policy failings and law-enforcement gaps meant that Law allegedly shipped 1,200 packages to 41 countries around the world before he was arrested.
The messages that society missed haunt the family members of Stephen Mitchell Jr., a young man who was the last of Law's 14 victims from Ontario.
The Poison Seller, written and directed by Rebecca Snow, repeatedly shows a graphic of the timeline leading up to Mitchell's death
\- and adds more and more red dots indicating moments at which authorities could have taken action before he died.
Much of what happened took place in the open. Globe and Mail reporter Mike Hager interviewed Law over the phone days before his arrest in 2023.
“They were very ill and they need some solution to their problem,” Law is heard saying in Hager’s recording of the interview. “I’m just being compassionate.”
On-screen text underlines the dissonance in this statement: His 14 Ontario victims were all between the ages of 16 and 36.
Hager's recording is made public for the first time in The Poison Seller. It's all we get to hear from Law himself, who had multiple degrees and, in 2009, was profiled in Canadian Business magazine for inventing a device called esc-Mode - “escape mode” - that could help wheelchair users leave buildings quickly in an emergency.
Later, Law's escMode domain was used for darker purposes, hosting one of two websites he used to sell poison to those experiencing suicidal ideation.
Hager and his reporting are prominently featured in The Poison Seller. Instead of a narrator, he and his colleague Colin Freeze tell the facts that form the spine of the story, and testimony from families of the victims fill in the emotional impact of the crimes.
Is murder the right word for what Law did? Ethan Mitchell, Stephen's brother, sits with the question before responding. "I don't want to take my brother's autonomy out of this question," he says in the documentary.
“But to me, Kenneth Law was a monster sitting on pro-suicide forums looking to sell a product to people who were so vulnerable. I can’t see it as anything other than digital mass murder.”
The Crown stayed first-degree murder charges against Law when he pleaded guilty to 14 counts of the lesser crime of aiding suicide.
“What we see here is a very 21st-century crime trying to be jammed into a 20th-century legal system,” Freeze says in the documentary.
"We don't have laws that can deal with a suspect who is causing mass death globally, through
The challenges of investigating crime online don't seem overly daunting in the documentary. Freeze is central to a sequence demonstrating a technique that allegedly connects Law to a username that slipped into direct messages on suicide forums to advertise his deadly wares.
The Poison Seller doesn't have time to delve into larger issues of laissez-faire internet policies – and all the forces that push back hard against moves toward regulation, for ideological or profit-seeking reasons.
The sister of one man who took his own life notes how the forum where he was encouraged to do so is at the top of certain Google search results.
Freeze and Hager continue to follow the story. Late last month, The Globe was in Newmarket, Ont., reporting on victim-impact statements as part of the first phase of Law's sentencing hearing.
The court heard about a 44-year-old British man who died only this January. He had been visited by police in 2023 for a wellness check and told them he had disposed of the substance that Law sold him, but he hadn't.
“Oh, true apothecary, thy drugs are quick,” Romeo says as he takes his dram of poison.
Law's poison, by contrast, is as slow as justice. The case for a public inquiry, which the Mitchell family is calling for, is strong.
FIRST PERSON

ILLUSTRATION BY DREW SHANNON
I am reminded of everything my brother and I shared, even though our lives were different, writes Donna Elaine Williams
I inherit a thousand records when my brother dies. The albums aren't left to me per se, rather simply left behind in his garage, a den made cozy in the winter by an overhead propane heater, wallpapered in Kokanee beer cartons and corniced by snapback hats. Industrial shelves held an entertainment centre: an old PC wired to a 1980s-era television where he claimed he watched blockbusters using a foreign IP address; nearby was a turntable on a carpeted shelf above a decaled mini fridge. Two substantial speakers sat sentry on rows of hundreds of albums – his collection beginning as a teen in the 1970s, when albums were coveted and came with liner notes and lyrics, where every song was listened to.
My brother died after the death of his wife. She was the love of his life and when multiple sclerosis took her independence, they agonized over the move to long-term care. Then he was laid off. Lovingly, for the next decade, she became his world. Slowly, unchecked and unnurtured, his own world deteriorated. Their home, even the garage-den, disintegrated into disrepair, neglected as his own health. Still, he'd phone me in his usual jokey-way, "It's your older and much better-looking brother calling."
With his death, his two grown sons made fast work disposing of their childhood home. What remained were the albums. Neither son wanted them and they agreed their dad would want them to go to someone who did.
It's true, my brother and I were very different. ... But I discover quickly that losing a sibling means losing a person who was with you from the beginning, present in your most innocent and foundational years.
My own record collection was sold in a garage sale decades ago. Gone were Grace Jones, UB40, Boz Scaggs's Silk Degrees. When my parents died, I kept their handful of albums as mementos - Kristofferson and Cash, Jones and Belafonte.
so awed at the speed in which my brother's life of overwhelm could be disposed. I unload the boxes onto pallets in my garage and slit one open to count 75 albums. I know Sade and Willie Nelson, but who is Ray Griff? Some mental math: there's a thousand records. How am I ever going to do this justice?
My brother would have a fair bit of advice on what to do with all his records. It feels impossible that I will never speak to him again. His voice was like late-night radio, as calm and articulate as he was funny. His death has hit me harder than I imagined, it's like a piece of me stripped away and gone forever.
“But you weren’t close,” a friend points out.
My brother's den-garage is stripped bare when my nephews pack my car with boxes holding the albums. They tell me the spines are facing up so I can easily read the artists. "Be careful when you lift one – the record might slip from its cover." This advice reminds me so much of my brother's voice.
I hug both my nephews and we talk for a bit. I drive home impressed with the industriousness of the boys in the aftershock of losing their dad, and really, both parents so close together. I am al-
It's true, my brother and I were very different. We raised our children differently, lived in different circles, had differing values. But I discover quickly that losing a sibling means losing a person who was with you from the beginning, present in your most innocent and foundational years. Who sat across from you for so many family dinners. Every time we had spaghetti, my brother pulled a strand straight from his throat, waiting for the exact moment we had eye contact. "Eew!" but I never failed to look. Just as I never failed to be impressed with his feats, like the time he was ticketed for speeding on his 10-speed bike, or making wine in his closet from a can of orange-juice concentrate. As adults we loved to reminisce about our childhood, especially times at our grandparents' in small-town Alberta. As many recollections as I had, he had more. Losing him meant losing all his memories, too.
I look through old family albums and am reminded how much he was loved, and in that, how much I was loved, too, and I need to know this. It helps me accept that his later life was his (un)doing, his nature versus our nurture. When his birthday comes around, I take my family out for ribs, my brother's favourite, and we share Uncle Glyn stories, retell his horse-walked-into-a-bar jokes, remember how he loved becoming a grandpa. As much as my brother and I were different, we're the same, too. What we find funny, how we can talk to anyone, how we made our mom's tomato soup exactly the same way.
TODAY'S SUDOKU SOLUTION
We also procrastinate, so I'm determined to unbox those LPs, play them, share them with my kids and friends. I don't know what surprises I'll find, but I'll listen and envision him in the Golden Days of the den-garage, leaning back in an office chair no doubt with a broken spring, sipping something smoky, his music etching the night. I doubt I'll move my car out and an old recliner in to listen the way he did, but you never know.
Donna Elaine Williams lives in Calgary.
TODAY'S KENKEN SOLUTION | 4 | 7 | 9 | 2 | 8 | 1 | 6 | 3 | 5 | 8 | 1 | 2 | 5 | 6 | 3 | 9 | 7 | 4 | 3 | 5 | 6 | 4 | 9 | 7 | 8 | 2 | 1 | 1 | 8 | 3 | 7 | 2 | 4 | 5 | 9 | 6 | 5 | 9 | 4 | 3 | 1 | 6 | 2 | 8 | 7 | 6 | 2 | 7 | 9 | 5 | 8 | 4 | 1 | 3 | 2 | 6 | 1 | 8 | 7 | 5 | 3 | 4 | 9 | 7 | 3 | 8 | 6 | 4 | 9 | 1 | 5 | 2 | 9 | 4 | 5 | 1 | 3 | 2 | 7 | 6 | 8 | First Person is a daily personal piece submitted by readers. Have a story to tell? See our guidelines at tgam.ca/essayguide. | 5-1 | 11+6 | 5 | 12×3 | 4 | $2 \div 2$ | 6 | 11+2 | $20 \times 4$ | 5 | $18 \times 3$ | 1 | 5 | 4 | $6$ 6 | 1 | 2 | 3 | $6 \times 2$ | 3 | $5-1$ | 6 | $120 \times 5$ | 4 | 7+4 | 1 | $5+3$ | 2 | 6 | $30 \times 5$ | 3 | $3-5$ | 2 | $5+4$ | 1 | 6 | WORLD FORECAST
NATIONAL FORECAST |


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UNIVERSAL CROSSWORD FALL 2026 THEMELESS WEEK, PUZZLE 4 BY ZACHARY EDWARD-BROWN AND ADAM SHAPIRO
ACROSS
1 What a mathematician or detective seeks
6 It can be found on Safari!
9 "Frozen" queen
13 Two-gender pronoun
14 Hindi for "tea"
15 Attaches the binding to a quilt, say
16 Warren Buffett's Nebraska hometown
17 Foamy drinks made with plant-based milk
19 "So there!"
21 Alpaca relative
22 Australian gem
23 No more than
25 Type "typo" rather than "type," e.g.
27 Oscar winner Brie
29 Wilson of the WNBA
30 Certain songbird
32 It's not working!
35 Touch on the shoulder
36 Causes of icy postgame interviews?
39 Like Adam (age redacted), but not Zachary (age 17)
40 Idle of Monty Python
41 Agenda entries
42 Don't squander
43 In a \_\_\_\_ of speaking
45 Soccer coach Guardiola
46 Park, e.g., in Manhattan
48 They may bruise when they clash
52 Indian wedding dye
54 "See you then!"
56 Warning to stay in one's lane
58 Line between two cities
BRIDGE
BY STEVE BECKER
THURSDAY, OCTOBER 8, 2026
East dealer.
Both sides vulnerable.
---
East South West North
Pass 1 NT Pass 3 NT
Opening Lead – six of hearts.
in Ticket to Ride
59 Result of beehiving yourself?
60 Mid
61 Red emotion in "Inside Out"
62 Piece of office furniture
63 Flat fish
64 Ales and lagers
---
1 Snapchat story part
2 Change, as keyboard assignments
3 Tennis player Naomi
4 "Absolutely not!"
5 Guinness entry, say
6 Exasperated cry to a relentless arguer
7 Have some kolacky or doughnuts
8 Banknotes
9 Is, in Ibiza
10 "I wanna fight those guys!"
11 They benefit from curses!
12 Really bad, in slang
14 Nail polish layers
18 Dump account, perhaps
20 Response to a groan-worthy dad joke
24 White Monopoly 8-Down
26 Many songs on the 2026 Drake album "Iceman"
28 Lot measure
30 Unrealistic expectation
31 "Could be yes, could be no"
33 Radiates
34 NPR bag
36 Ascend
37 Coin with a 2026 "Liberty Over Tyranny" version
38 "This relationship is SO over!"

44 A little loco
EDITED BY DAVID STEINBERG
47 What e-cigs don't produce, technically
46 Insect in a hill
NORTH
♠ Q 10 3
♥ 7 4
♦ J 8
♣ A Q 10 8 4 3
WEST
♠ A 7 2
♥ A Q 8 6 3
♦ 10 7 4
♣ 9 2
EAST
♠ J 8 6 5 4
♥ J 9
♦ 9 6 5 2
♣ K 5
SOUTH
♠ K 9
♥ K 10 5 2
♦ A K Q 3
♣ J 7 6
51 Futures experts?
49 Dashboard device
53 Cozy place to solve crosswords
55 Omani, typically
50 Playful water mammal
56 Palindromic flop
57 Lucius Best, \_\_\_\_ Frozone
This deal from a team contest demonstrates the more subtle areas of sound defensive play. The final contract at both tables was three notrump, but only one of the defenders derailed declarer.
At the first table, West led the heart six. Declarer won East's jack with the king and led the jack of clubs, on which West played the nine, dummy the three and East the king. East then returned the heart nine, ducked by South, whose only real chance was to hope the opposing hearts were blocked.
West followed with the three to the second heart lead, leaving
East in a quandary as to which suit to play next. With virtually nothing to go on, East shifted to a diamond, whereupon declarer ran off four diamonds and five clubs to finish with 10 tricks. Had East returned a spade at trick three, West would have collected a spade and three more hearts for a two-trick set.
Though it might appear that East misguessed, there was a better way available, as the defence at the second table demonstrated. Here too, West led the heart six to the jack and king, and declarer took a losing club finesse. But when East then returned the heart nine and declarer ducked, West played the eight!
This gave East food for thought. While it was possible that West had started with just the A-Q-8-6 of hearts (which would in turn mean that declarer began with five hearts), it was also possible that West started with five hearts and had played the eight as a suit-preference signal asking for the return of the higher-ranking side suit, spades.
Since this was far better than a total shot in the dark, East shifted to a spade, and South very quickly went down two.
©2026 King Features Syndicate Inc.
---

© News Licensing/Times Media Limited
INSTRUCTIONS
Fill in the grid so that each row of nine squares, each column of nine and each section of nine (three squares by three) contains the numbers 1 through 9 in any order. There is only one solution to each puzzle.

SOLUTIONS
ACROSS
1 Fire in carousel (6)
4 Insist two daughters retain name, after reflection (6)
8 Annulment site unusually hard-nosed? (13)
10 Best leaders of enterprise leaving in the end (5)
11 Cutting second drink, much-liked (7)
13 Vegetable when of expected standard, first-class, ultimately pleasing us (9)
17 Extend beyond limit due to arguing at regular intervals (7)
18 Place of worship missing Queen's lustre (5)
19 The writer's beat, accepting shopping without much forethought (7,6)
21 Victim of railway vehicle reversing (6)
22 Enclosed space containing protesters? It will reach boiling point! (6)
DOWN
1 So be it about copper's shrewdness! (6)
2 Stubborn, set — obtain broadcast (9)
3 Slight burn, just one, after learner's gone (5)
5 Time of day, flat, is no good principally (7)
6 Something done in Ascot regularly (3)
7 Maybe tone down musical instrument after I'd flipped? (6)
9 Cover in case run goes awry? (9)
12 One admitted to appalling missteps — I see trouble ahead (9)
14 Herb, son, involved in wartime discussion perhaps (7)
15 Element beginning to show hatred (6)
16 Inadequately small, extremely minute — agree? Not quite (6)
18 Cheek dressing (5)
20 For every person? Not half! (3)
© 2026 Andrews McMeel Syndication
KENKEN

©2026 KENKEN Puzzle LLC. KENKEN is a registered trademark of Nextoy, LLC. Dist. by Andrews McMeel www.kenken.com
---
1. Each row and each column must contain the numbers 1 through 6 without repeating.
2. The numbers within the heavily outlined boxes, called cages, must combine using the given operation (in any order) to produce the target numbers in the top-left corners.
3. Freebies: Fill in single-box cages with the numbers in the top-left corner.


Solutions to today's Sudoku and Kenken can be found in the Life & Arts content area of the A section. Crossword solutions will be with tomorrow's puzzles.

GUYS
AND DOLLS
(out of 4)
"A jackpot winner"
Toronto Star
CRITIC'S PICK
"A masterpiece"
The Globe and Mail
"A show you can see again and again!"
BroadwayWorld
SOMETHING
ROTTEN!
(out of 4)
"A big-hit musical"
Toronto Star
"Wildly funny"
Postmedia
CRITIC'S PICK "Mind-blowing"
The Globe and Mail
STRATFORD
FESTIVAL
THE TEMPEST | GUYS AND DOLLS | SOMETHING ROTTEN! | DEATH OF A SALESMAN | THE HOBBIT
THE IMPORTANCE OF BEING EARNEST | SATURDAY, SUNDAY, MONDAY
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Lourenco Goncalves says Ottawa should pursue a ‘Fortress North America’ trade deal with U.S.
NIALL McGEE
MINING REPORTER
TORONTO
Cleveland-Cliffs Inc. chief executive Lourenco Goncalves is dismissing the idea of nationalizing Stelco and firing back at what he calls a “walking eagle” Canadian steel customer.
The U.S. steelmaker said last week it was planning to lay off as many as 500 steel workers at Stelco in Hamilton and Nanticoke, Ont., in large part because it can't compete anymore in galvanized steel as a result of the trade war.
When the federal government approved Cliffs's \$3.4-billion acquisition of Stelco Holdings Inc. in 2024, it imposed a series of legally binding conditions, including maintaining at least the same number of unionized employees in Canada for five years, as well as the vast majority of non-unionized workers.
By announcing hundreds of layoffs in Canada, Ottawa alleges Cliffs is now in violation of that agreement.
On Monday, Industry Minister Mélanie Joly issued the Cleveland-based steelmaker an ultimatum to map out a plan within five business days for complying with its job guarantees under the Investment Canada Act or possibly face legal action.
But while Ottawa is pushing Cliffs to preserve those jobs in Canada, some have suggested the government could instead take over Stelco and save them.
Nicolas Lamp, an associate professor at the Faculty of Law at Queen's University, said in a recent editorial in The Globe and Mail that if Ottawa decides the steel industry is of strategic importance, and Stelco workers have indeed been “betrayed” by Cliffs, it could instead “nationalize the company and put Canadian management in charge.”
In an interview Wednesday, Mr. Goncalves poured cold water on the idea, pointing to the example of Venezuelan president Hugo Chávez nationalizing steel company Siderúrgica del Orinoco (SIDOR) in 2008. The takeover was widely seen as an economic disaster, with production plummeting in the aftermath.
“Is that what Canada really wants to do?” he said.
■ STELCO, B6
ECONOMY

The Globe set out to price a traditional, yet cost-conscious, dinner for six people at Loblaws, No Frills, Walmart and Real Canadian Superstore locations in midtown Toronto. FRED LUM/THE GLOBEANDMAIL
Should you shop around for a gobbler and sides? We tested some old advice on a Thanksgiving feast ■ B3
utilities in North America.
TIM KILADZE
MATTHEW McCLEARN
ANALYSIS
At the heart of the big Canadian merger between power companies Emera Inc. and Canadian Utilities Ltd., there is a simple question: Is bigger actually better?
So far, the answer's pretty murky.
When the two companies announced the \$14.3-billion all-share marriage on Tuesday, their leaders justified it by wrapping themselves in the Canadian flag. Bringing two industry champions together was the right thing for the country, they said, because their merger would enable growth.
What exactly they meant by that wasn't quite clear.
One argument is that, on their own, neither is large enough to pay for the massive infrastructure investments utilities face in the years ahead. If they combine, their cost of capital could fall, helping them compete with rivals like pension funds. The combined companies would have an enterprise value – their debt plus equity – of \$72-billion and would create one of the 20 largest
At the same time, U.S. companies are getting bigger by merging. If Halifax-based Emera and Calgary-based CU are left standing all alone, they might be minnows in a hyper-concentrated industry.
U.S. power mergers, though, are starting to face political backlash, which means they might not get approved, or major concessions might be needed to get the green light. And Emera and CU largely operate in very different places – Florida and Alberta. Merging will diversify their revenue mix, but there is little to no overlap between their operations, so they can't learn all that much from one another or share resources.
Their geographies also complicate cost savings, something both companies were up front about. “Combinations like this really aren’t about synergies,” Emera chief executive Scott Balfour said on a conference call Tuesday.
What, then, should investors be excited about? Shareholders seem to be asking the same thing. Emera's shares are down 4.3 per cent since the deal was announced, while CU's are down 2.6 per cent. Not exactly panic, but no one is particularly enthused.
EMERA, B6
FINANCIAL SERVICES
Bank regulator OSFI plans to implement AI ‘safety code’ for country’s lenders ■ B5
OPINION
Why Canadian consumers should not fear private airport concessions ■ B4
PERSONAL FINANCE
How owning your home versus renting plays into retirement financial plans ■ B9
ATHABASCA OIL ....B9
BCE ....B9
CANADIAN UTILITIES ....B9
CN RAIL ....B9
LULULEMON ....B2
MAPLE LEAF FOODS ....B9
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ANDREW WILLIS
SUSAN KRASHINSKY ROBERTSON
The Weston family is returning to British retailing by acquiring drug-store chain Boots for US\$8.9-billion, including assumed debt, with financial backing from Fairfax Financial Holdings Ltd.
The Toronto-based Weston family's holding company, Wittington Investments Ltd., is buying the 1,800-store Boots chain from U.S. private equity fund Sycamore Partners, which acquired the British business as part of a US\$24-billion leveraged buyout of U.S. drugstore company Walgreens in 2025.
Wittington, which controls Shoppers Drug Mart, is also buying out another billionaire family, headed by former Boots chair Stefano Pessina, who acquired the chain in 2007. Mr. Pessina had retained an ownership stake when he sold the majority of the company to Sycamore.
Toronto-based asset manager Fairfax, led by value investor Prem Watsa, is backing Wittington's investment by paying US\$2.3-billion for a 50-per-cent stake in Boots. Wittington will have operating control of the chain.
Galen Weston, chairman of Wittington and Loblaw, as well as chief executive officer of holding company George Weston Ltd., will become the chair of Boots after the acquisition closes.
In the United Kingdom, Boots is the market leader in pharmacies, with 51,000 employees, a strong brand and stores located close to 80 per cent of the population.
WESTON, B6
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JOY SPEARCHIEF-MORRIS
Less-stringent climate policy and a push to develop carbon-intensive major projects could put Canada's greenhouse-gas targets further out of reach, according to a co-author of a new report on the country's emissions.
Canada emitted around 691 megatonnes of carbon-dioxide equivalent in 2025, about 1 per cent more than 2024 levels, according to the 440 Megatonnes project report conducted by the Canadian Climate Institute, a non-partisan climate change policy research organization.
With climate policy changes at federal and provincial levels and Ottawa's focus on major infrastructure development to bolster the economy to deal with the U.S. trade war, Canada will need to take more direct action to achieve its goal of net-zero emissions by 2050.
"There's no question at the federal and the provincial level, governments have backtracked on climate policies, and we expect that to lead to higher emissions. The government has acknowledged that openly," said Ross Linden-Fraser, acting director of the 440 Megatonnes project at the Climate Institute.
Canada's 2025 carbon emission levels were about 9.5 per cent below the 2005 baseline levels, and are well short of the goal of a 40- to 45-per-cent reduction target for 2030, a gap of about 200 megatonnes, according to the estimates in the early emissions report released on Thursday.
■ REPORT, B5
Investors may encounter lower trading volumes, wider gaps between buying and selling, greater price volatility, CIRO notice says
MEERA RAMAN
As Canadian stock trading opens up beyond the traditional $6^{1/2}$ -hour day, the country's investment regulator is warning investors that buying and selling stocks outside regular market hours can come with additional risks.
The Canadian Investment Regulatory Organization, or CIRO, issued guidance Thursday for investment dealers on extended-hours trading, and a notice for investors that they may encounter lower trading volumes, wider gaps between buying and selling prices, and greater price volatility outside regular hours. CIRO is a self-regulatory organization that oversees all investment dealers and mutual fund dealers.
The guidance comes shortly after CIX Trading Inc. launched a new Canadian trading platform that allows investors to buy and sell domestic stocks from 8 a.m. to 5 p.m. ET. CIX plans to expand those hours to 7 a.m. to 8 p.m. ET later this year and eventually offer trading 23 hours a day from Monday to Friday. Stocks currently trade on Canadian exchanges between 9:30 a.m. and 4 p.m. ET each weekday.
Kevin McCoy, senior vice-president of market regulation at CIRO, said he expects uptake in the early days of extended-hours trading to be “quite muted,” but that it could become more mainstream.
During regular trading hours, all Canadian equity marketplaces are open at the same time. Outside those hours, fewer marketplaces and investors may be active, meaning there can be fewer buyers and sellers for a particular security, Mr. McCoy said.
That can reduce liquidity and widen the bid-ask spread, the difference between the highest price a buyer is willing to pay and the lowest price a seller is willing to accept. Mr. McCoy said that investors may receive a less favourable price than they would during regular trading hours.
Investors may also see bigger price swings during extended hours, especially during company earnings, economic reports or breaking-news events when fewer investors are trading.
Investors using market orders during extended-trading hours, which generally execute at the best price available at the time the order reaches the market, may also encounter issues. Mr. McCoy said they could end up with a price that they didn't want because of the wider bid-ask spread.
Mr. McCoy said that instead of a market order, investors trading in extended hours could use limit orders, which allow them to specify the maximum or minimum price at which they are willing to buy or sell. While the trade may not be completed if that price is unavailable, the order gives investors more control over the price at which their trade is executed, he said.
Extended-hours trading may not make sense for every investor, Mr. McCoy said. Longer-term investors, for example, may have less reason to react immediately to developments outside regular trading hours, while other investors may value the flexibility to trade following an earnings announcement or other market-moving events.
The introduction of longer trading hours does not come with a separate regulatory regime, Mr. McCoy said. Investment dealers will be subject to the same CIRO rules, marketplace rules and securities laws during extended-trading sessions as they do during regular trading hours.
The push toward longer trading hours is not limited to Canada. The London Stock Exchange Group announced in July that it plans to launch LSE 24, which would eventually allow near-continuous trading of London-listed securities from Monday to Friday.

Wars in Iran and Ukraine have damaged refineries such as the Total Energies Donges oil refinery, pictured here in western France in 2023. This has turned fuel into a major political and economic concern worldwide. LOIC VENANCE/AFP VIA GETTY IMAGES
KATE ABNETT
HOLGER HANSEN BRUSSELS
The International Energy Agency agreed on Wednesday to accelerate the release of oil stocks and to prioritize diesel supplies under a plan launched in March, as governments seek to tackle record fuel prices and supply disruptions caused by the Iran war.
Wars in Iran and Ukraine have damaged refineries and disrupted tanker traffic, helping drive diesel prices to record highs in many markets and turning the fuel into a major political and economic concern worldwide.
The IEA said completing previously announced releases as quickly as possible could bring around 100 million barrels to market, although analysts and some governments said the figure did not necessarily represent a fresh intervention of that size.
The statement from the IEA, which advises industrialized countries, followed an agreement by G7 countries on Friday to release 100 million barrels of crude and diesel, which raised expectations of additional oil stock releases. The G7 move came after President Donald Trump warned he might ban U.S. diesel exports if they did not put more of the fuel into the market.
The IEA, which co-ordinates emergency oil stockpiles among industrialized countries, launched a 400-million-barrel release program in March to counter shortages and rising prices caused by the Iran war, although not all of those volumes have yet reached the market.
“Member governments expressed support for accelerating the oil stock releases announced in the Collective Action of March 2026 with a view to completing them as soon as possible,” IEA executive director Fatih Birol said in the statement.
“IEA members also supported the prioritization of the release of diesel stocks, to the extent possible, given the current tightness in diesel markets."
The IEA said about 100 million barrels pledged under the March initiative have yet to reach the market.
The IEA did not specify how much diesel and how much crude oil will be released.
In reaction to the IEA comment, the European Union member states agreed the planned oil releases must be done within the amount approved in March, a spokesperson for the European Commission said on Wednesday. IEA members are scheduled to assess and review the plans at a board meeting next week, the statement said. The G7 includes EU members France, Germany and Italy along with the US, U.K., Japan and Canada.
Before the IEA statement, JPMorgan analysts said Friday's announcement appeared largely to accelerate deliveries already pledged under the March program rather than signal a fresh intervention.
REUTERS
SUSAN KRASHINSKY ROBERTSON
RETAILING REPORTER
One month into her new job as chief executive at Lululemon Athletica Inc., Heidi O'Neill has begun an overhaul of the leadership ranks, as she seeks to turn around the struggling activewear retailer.
The Vancouver-based company announced a new structure for its leadership team on Wednesday, with the creation of two new roles – a president and chief product officer, and a chief operating officer – as well as two high-profile departures.
Ms. O'Neill joined Lululemon on Sept. 8, after more than two decades in leadership positions with Nike Inc. She has been tasked with revitalizing a brand that helped to build a lucrative industry for fashionable workout clothes, but now faces stiff competition from newer, hotter athleisure brands, as well as cheaper "dupes" offering similar styles.
The new president and chief product officer, Maggie Gauger, was most recently president and CEO of Athleta, a Gap Inc.-owned athleisure brand that is among Lululemon's competitors.
The company's news release touted Ms. Gauger's advancement of Athleta's “transformation strategy,” which included introducing new products and reshaping the brand. But Athleta has also been struggling, with comparable sales declining consistently for the past year-and-a-half.
Before that, Ms. Gauger also spent more than two decades at Nike, including leading its women's business in North America.
The new chief operating officer, Joseph Godsey, comes to Lululemon from Walmart Canada, where he was chief growth officer and led the company's e-commerce business. Prior to that, Mr. Godsey held leadership positions at Sam's Club and Adidas AG.
Both executives will join the company on Oct. 26.
At the same time, Lululemon announced the departures of chief brand and product activation officer Nikki Neuburger, and chief supply chain officer Ted Dagnese.
The company is seeking to hire for three additional leadership roles: a chief brand officer to replace Ms. Neuburger, a chief communications officer and a chief technology officer.
Chief financial officer Meghan Frank will take on expanded responsibilities overseeing brand and technology roles until the new hires are found.
“Lululemon is a rare, extraordinary brand, but we have work to do to build a stronger and more competitive company,” Ms. O'Neill wrote in Wednesday’s press release.
Lululemon has been struggling as North American customers, its largest market, have been wooed away to other brands. Last month, the company lowered its forecasts for the second time in just three months, after reporting its second-quarter revenue fell by 5 per cent on a constant-currency basis to US\$2.4-billion.
The company has been working to bring new products to its stores faster, to better keep pace with trendier rivals, and to revive its brand in the minds of shoppers who grew tired of its offerings.
To bolster that effort, Lululemon has been ramping up spending on advertising and community events, while also finding ways to cut costs in the business.
The new leadership team will “work in a more coordinated manner” around its turnaround strategy, Ms. O’Neill wrote in Wednesday’s release.
“That starts with putting product, design, and innovation at the center of how we operate, with the focus and accountability to create a stronger pipeline of differentiated product to raise the bar for our guests across every touchpoint, in stores and online.”
Lululemon's stock price has declined more than 50 per cent year to date.
Investors' enthusiasm is unlikely to improve “until more clarity is achieved on the strategy” of the new CEO, as well as how soon that strategy will yield “tangible results,” William Blair analyst Sharon Zackfia wrote in a research note on Wednesday.
---
NATHAN LAYNE
Michigan Republican Mike Rogers, locked in one of the nation's most competitive Senate races, called on Wednesday for an end to the U.S.-Canada tariff dispute, breaking with President Donald Trump on a second major issue ahead of next month's election.
Mr. Rogers, who has largely backed Mr. Trump's tariffs, including those on Canada, said in an ad posted on X that the trade fight with Michigan's northern neighbor should end immediately to ease costs for businesses and consumers.
“Here in Michigan, we know that Canada is not our enemy,” Mr. Rogers says in the ad, seated at a neighbourhood bar with his hand wrapped around a bottle of Labatt Blue, a Canadian beer brand popular in Michigan, as he underscores the state’s close ties to Canada.
“We need to end this tariff war now.”
Mr. Rogers, who is running neck-and-neck with Democrat Abdul El-Sayed in public polling, reiterated an argument that he could leverage his ties to Mr. Trump to resolve the dispute. "As Michigan Senator, I'll bring both parties together to lower your prices. That's job number one," Mr. Rogers said in the ad.
The current dispute dates to July, when Mr. Trump unveiled new tariffs on Canadian imports that took effect the following month, prompting retaliatory measures from Canada. The issue is especially sensitive in Michigan, where automakers depend on integrated cross-border supply chains and industry leaders have warned that a prolonged trade war could threaten jobs.
Republican candidates in northern border states hit hardest by the tariffs, including Mr. Rogers, have sought to balance appeals to Mr. Trump's loyal base with efforts to win over independent voters, who polls show have grown increasingly critical of his handling of the economy and trade relations with Canada.
As recently as last month, Mr. Rogers had praised Mr. Trump's tariffs as part of the President's America First agenda, calling them “necessary” while cautioning that they were “not a one-size-fits-all solution.”
In response, Mr. El-Sayed said Mr. Rogers' shift on tariffs reflected concern about his standing in the race, which the nonpartisan election forecaster Cook Political Report rates a “toss-up.”
“You cheered this tariff war from the beginning and you’re flip-flopping now because your poll numbers are in free fall,” Mr. El-Sayed said in a statement.
The call for an immediate end to the tariffs came just two weeks after Mr. Rogers similarly reversed course on the war with Iran, which he had previously supported, urging an immediate end to the conflict as a way to lower gasoline and grocery prices.
The shifts reflect growing concerns among Republicans ahead of the November midterms, which will determine whether the party can hold onto its narrow House and Senate majorities.
REUTERS

A study from Dalhousie University's Agri-Food Analytics Lab found that a Thanksgiving dinner for four will cost \$35.72 this year, up 10 per cent from \$32.48 in 2025. CHRIS YOUNG/THE CANADIAN PRESS
Thanksgiving grocery cart cost comparison | INGREDIENT | NO FRILLS | LOBLAWS | WALMART | REAL CANADIAN SUPERSTORE | Turkey | $30.00 | $32.05 | $57.00 | $53.00 | Potatoes | $1.99 | $6.00 | $5.94 | $6.00 | Fresh green beans | $7.98 | $7.98 | $5.90 | $8.98 | Carrots | $3.99 | $3.00 | $4.88 | $6.00 | Corn | $5.00 | $5.00 | $0.94 | $5.00 | Stuffing | $6.49 | $6.99 | $6.96 | $6.99 | Cranberry sauce | $3.00 | $6.00 | $3.14 | $3.00 | Gravy | $2.37 | $3.00 | $2.37 | $3.87 | Dinner rolls | $2.00 | $4.00 | $3.97 | $2.00 | Butter | $6.00 | $5.99 | $4.97 | $4.97 | Milk | $3.65 | $3.64 | $3.64 | $3.64 | Fresh thyme | $2.50 | $3.00 | $3.08 | $2.50 | Fresh rosemary | $2.50 | $3.00 | $3.08 | $2.50 | Onions | $3.49 | $3.00 | $3.94 | $3.00 | Garlic | $0.99 | $1.00 | $0.98 | $1.00 | Apple pie | $7.00 | $11.00 | $5.94 | $6.00 | Pumpkin pie | $7.00 | $11.00 | $5.94 | $6.00 | Cool Whip | $4.75 | $4.50 | $5.48 | $4.99 | Vanilla ice cream | $4.50 | $4.00 | $2.94 | $4.49 | Total | $105.20 | $124.15 | $131.09 | $133.93 | THE GLOBE AND MAIL
Is it possible to make your special dinner for less than \$40? It depends on exactly what you're making
BIANCA THOMPSON
Global food prices reached their highest level in nearly four years last month, bad news for Canadians headed into holiday entertaining. Large gatherings such as Thanksgiving and Christmas can add another layer of pressure for households trying to keep grocery costs down.
A study from Dalhousie University's Agri-Food Analytics Lab found that a Thanksgiving dinner for four will cost \$35.72 this year, up 10 per cent from \$32.48 in 2025. But that estimate included a seven-pound turkey and basic side dishes, only factoring in the cost of potatoes, carrots, stuffing, gravy, cranberries, dinner rolls and a pumpkin pie.
So what's the cost of a more typical spread? The Globe set out to price a traditional, yet cost-conscious, dinner for six people at Loblaws, No Frills, Walmart and Real Canadian Superstore in mid-town Toronto.
For this experiment, the goal was to get a sense of what it costs to put Thanksgiving dinner on the table for six, with a larger turkey, familiar sides and a couple of desserts, while testing whether shopping around to save is worth the extra effort.
These stores were selected based on proximity and price, with Loblaws, No Frills and Walmart being the closest options, and Real Canadian Superstore added as another major grocer expected to offer competitive deals. Other brands were considered, but were noticeably more expensive. (All shopping was completed by Oct. 5. Prices may vary as Thanksgiving approaches and grocery stores adjust promotions and availability.)
The basket included a 16-pound (seven-to-nine kilogram) turkey, potatoes, green beans, carrots, corn on the cob, stuffing, cranberry sauce, gravy, dinner rolls, butter, milk, onions, garlic, rosemary, thyme, an apple pie, a pumpkin pie, Cool Whip and vanilla ice cream.
Households making dishes from scratch, serving alcohol or planning a more elaborate spread could see different totals.
Adam Chapman, a certified financial planner at Yes Money in London, Ont., recommends making a grocery list and estimating the total before heading to the store, so shoppers have a sense of what they are about to spend and aren't surprised at the checkout.
He says the goal isn't to be overly frugal during a special occasion but to decide what is worth spending more on.
“Pick that one thing that really matters, splurge on that, and then if you're trying to cut back, cut back on everything else that's maybe a little bit less important to the experience.”
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After comparing all four stores, No Frills had the cheapest one-stop cart at \$105.20 before tax. The same basket came to \$124.15 at Loblaws, \$131.09 at Walmart and \$133.93 at Real Canadian Superstore, a difference of \$28.73 between the cheapest and most expensive options.
This gap ultimately came down to the cost of the bird.
A seven-to-nine kilogram frozen turkey cost \$30 at No Frills and \$32.05 at Loblaws. A similarly sized turkey was \$53 at Real Canadian Superstore and \$57 at Walmart.
Choosing the cheapest turkey alone could save as much as \$27. Sides varied too, with a 10-pound bag of yellow potatoes costing \$1.99 at No Frills, versus \$5.94 at Walmart and \$6 at both Loblaws and Real Canadian Superstore.
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ADAM CHAPMAN
CERTIFIED FINANCIAL PLANNER
AT YES MONEY
IS CHASING EVERY SALE WORTH THE EXTRA EFFORT?
The Globe picked the cheapest version of each item across the four stores to build a “deal-hunter” basket and determine whether shopping around was actually worth it.
For items sold by weight, the same amount was compared at each store. For example, two pounds of green beans cost about
5.90 at Walmart, compared with 7.98 at No Frills. Walmart's corn was also cheaper, with a four-pack of corn on the cob costing just 94 cents, compared with \$5 at No Frills.
The final deal-hunter basket came to \$92.60 before tax, \$12.60 less than buying everything at No Frills, the cheapest one-stop shop.
Compared with Loblaws, the savings grew to \$31.55. Compared with Walmart, they grew to \$38.49 and more than \$40 compared with Real Canadian Superstore. But getting the lowest bill comes with a trade-off: time.
"There's a cost to effort," Mr. Chapman said. "If that includes shopping all over the place, you're almost kind of ruining your own experience of Thanksgiving because you're so exhausted by the time you get to the meal."
On a Sunday morning in mid-town Toronto, hitting several stores added up to more than 40 minutes of driving before factoring in time for parking, shopping and lineups. There are also costs for gas, transit or Uber to consider.
For anyone trying to keep holiday spending down, Chapman suggests hosting a potluck. The host can provide a main dish, while guests bring sides, desserts or drinks.
The best deal, he suggests, is not always the cheapest but the one that saves money without costing excess time or energy.
Special to The Globe and Mail
CHRISTOPHER RUGABER WASHINGTON
Most U.S. Federal Reserve officials expect that another interest-rate increase will likely be needed this year to combat inflation, according to minutes released Wednesday from the central bank's most recent meeting.
The officials unanimously agreed that inflation was still elevated and had not made much progress toward their 2-per-cent target in recent months, the minutes said. The Fed increased its key interest rate at the Sept. 15-16 meeting by a quarter-point to about 3.9 per cent, its first increase in three years.
The increase defied U.S. President Donald Trump's repeated calls for the Fed to cut rates and prompted the President to criticize the Fed's rate-setting committee, though he still expressed support for chairman Kevin Warsh, whom he appointed earlier this year. The rate increase comes as Americans are already struggling with high costs for groceries, gas and housing, and as affordability has taken on a leading role in the upcoming midterm elections, just seven weeks away.
Longer-term interest rates for mortgages and other borrowing have also jumped in the past few months for a range of reasons, including rising government debt, heavy borrowing by tech firms to finance data-centre construction, climbing oil and gas prices, and signs that growth and inflation remain elevated. The Fed's rate hike has likely played only a limited role in the increase.
Still, key policy makers have said since the meeting that the Fed can take some time to monitor the economy and the impact of last month's rate hike before making another move. Wall Street investors now forecast the Fed will keep its rate unchanged at its next meeting on Oct. 28-29, according to futures pricing, and raise it when they meet in December.
Philip Jefferson, vice-chair of the Fed's board of governors, said last week that policy makers "will need to come to our own judgment, which may take more time."
Inflation, according to the Fed's in lower than many economists expected in August but remained elevated. Overall prices rose 3.4 per cent compared with a year earlier, while core prices – which exclude volatile food and energy categories – increased 3 per cent. On a monthly basis, prices rose 0.3 per cent from July to August, and core prices just 0.2 per cent.
The Fed lifted its key interest rate to about 3.9 per cent at its Sept. 15-16 meeting, its first increase in three years.
According to the minutes, even
According to the minutes, even with the rise in longer-term rates, many officials said that financial conditions – which includes rising stock prices – “appeared to be supportive of economic growth,” a sign that more rate hikes may be needed to cool the economy.
Several policy makers said that they saw the Fed's rate as too low to restrain the economy, or only acting as a mild restraint. That suggests they would support multiple rate hikes to rein in inflation.
Higher oil and gas prices stemming from the Iran war and the lingering effects of tariffs have lifted costs in recent months. But even excluding those trends, many Fed officials believe inflation is stuck between 2.5 per cent and 3 per cent, above its target. Spiking prices for semi-conductors, computer equipment, and electrical components owing to the rapid surge in data-centre construction have also played a big role in accelerating inflation.
The Fed lifted its key interest rate to about 3.9 per cent at its Sept. 15-16 meeting, its first increase in three years. Higher rates are intended to slow borrowing and spending, cool the economy and bring down inflation.
Mr. Warsh emphasized after the announcement that the economy has shown signs of gathering speed since the central bank decided to keep rates unchanged in late July.
"The plain fact is that inflation is too high and has been for too long," Mr. Warsh said at a news conference after last month's meeting. "We must be confident that underlying inflation is moving to our objective clearly and at sufficient speed. Today the FOMC decided that this standard has not been satisfied," he added, referring to the policy-setting Federal Open Market Committee, an arm of the Fed.
Mr. Trump criticized the committee for voting to raise rates, calling them “very political,” but he did not single out Mr. Warsh.
“They’re raising rates to make Trump do as bad as they can possibly do,” the President said.
ASSOCIATED PRESS

Wall Street investors now forecast the Fed will keep its rate unchanged at its next meeting on Oct. 28-29 and raise it when they meet in December. JOSE LUIS MAGANA/ASSOCIATED PRESS
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Government's overtures with private airport managers can produce meaningful benefits
JORDAN EIZENGA
TIM MURPHY
OPINION
Jordan Eizenga is the national infrastructure leader at Deloitte Canada.
Tim Murphy is executive vice-president at Aecon.
Good infrastructure delivers services to Canadians efficiently and effectively. The government's recent changes to allow private concessions in our major airports will help to serve workers, passengers and the community better.
In the 1990s, Ottawa transferred its largest airports to nonprofit airport authorities operating under long-term ground leases with Transport Canada. It made sense at the time and let airports borrow from private markets to expand their terminals and runways without needing taxpayer support.
But the past three decades have exposed the model's limits. While airport authorities are financially independent, they do not have the financial flexibility, pricing discipline or accountability to government that continued infrastructure investment will require. By many metrics, Canadian airports are among the most expensive in the developed world and need significant continuing upgrades to their infrastructure.
Passenger demand at Toronto Pearson, for example, is expected to grow over the next 10 years, which will require additional infrastructure, baggage systems and other ancillary technology to accommodate.
These issues have been recognized before. The 2016 Canada Transportation Act Review recommended potentially moving the largest airports to private investors under a regulated model.
Airport reform is long overdue.
The government's decision to retain ownership of airport land while allowing long-term concessions with private airport managers can produce several meaningful benefits to workers and passengers.
It introduces an airport manager the government can hold to account. Currently, airport authorities operate public infrastructure, but the government has almost no way to influence how airports set prices, manage relationships with workers or ensure proper service and capital investment levels. When the government transferred the airports almost 30 years ago, it did not build in any mechanism to do so. That was a mistake that the government can rectify now.
A concession with a private operator replaces that lack of public control with a binding agreement that establishes rules for airport fees, union wage requirements, service and capital upgrade obligations. If a private concessionaire fails to meet these contractual obligations, the government will ordinarily have specific ways to rectify the situation.
Such an arrangement is not less public involvement or protection of workers and consumers. It is a more direct, accountable and enforceable model for regulating the performance of our largest airports in a way that can benefit everyone.
Airports in London, Sydney, Melbourne, Auckland, Brussels and Copenhagen, for example, all operate with private investment using contracts that govern pricing, performance standards and capital upgrade requirements. Not all of these have been perfect, but we can take the best of each of these contract models and apply those lessons appropriately to our largest airports.
A further benefit of a concession is that it can free up limited government resources. Our current airport model has kept the federal government's capital tied up in assets in which the private sector would gladly invest. A better approach would be to redeploy public capital from these assets to things the private sector will not fund and that we sorely need, such as affordable housing and transit.
Opponents often look to Ontario's Highway 407 ETR concession as an example where government sold concession rights to a public infrastructure asset at a value that, with hindsight, proved significantly too low. We have learned a lot in the nearly three decades since that concession about contract design, revenue-sharing requirements and regulation that protect the public interest.
Canadians would be well served by focusing less on who owns the airport and more on how it is managed, contracted and regulated to ensure enforceable obligations and proper oversight of the fees citizens pay. That can happen with a private manager. By applying the best aspects of models used elsewhere, Canada is well positioned to improve our airports, unlock the immense amount of federal capital tied up in these airport assets and redirect it to much-needed public goods.
SAMI KIBRIA
ABDULLAH SNOBAR
OPINION

Albertans protest a proposed Meta data centre in Morinville, Alta., in August. The \$13-billion data centre will support Meta's AI work, but it won't expand the compute power for Canadian businesses.
AMANDA MAY ERICKSON/THE CANADIAN PRESS
Sami Kibria is co-founder of flexgrid.cloud.
Abdullah Snobar is the executive director of DMZ and chief executive of DMZ Ventures.
Meta's recent \$13-billion data centre investment in Alberta is a genuine testament to Canada as a global player on the artificial-intelligence stage, with the country leading in research, education institutions and talent. The investments have also pushed AI infrastructure into public discourse, which is long overdue.
While large investments into data centres to create more AI capacity should be celebrated, Canada needs to look at how our entrepreneurs, researchers, businesses and institutions will actually be able to use said infrastructure to build the next generation of AI companies right here at home.
Canada had a fully funded national AI strategy in 2017, before any other country in the world did. These investments built Vector Institute, Amii and MILA into research institutions that are renowned globally. We're seeing payoffs in the numbers, such as Canada officially outpacing the United States when it comes to the rate of growth of AI talent.
With Prime Minister Mark Carney's pledge to create 250,000 AI jobs by 2031, it's clear our government is serious about having AI at the centre of Canada's economic
agenda.
Employment targets, strong talent pools and research isn't enough without access to compute – processing power – and the federal government's sovereign AI strategy recognized a massive problem back in 2024 that we can't keep ignoring. Without enough access to AI compute, Canadian innovation will be built here but scaled elsewhere because the infrastructure to do it at home doesn't exist.
Our default response to growing AI demand has been simply to build bigger data centres, and we all know the adage: Bigger doesn't necessarily mean better. Canada needs more capacity, but capacity is not the only factor that decides who leads the AI economy – access is.
Take Meta's investment in Alberta, it's a major vote of confidence in Canada, but there's an important distinction to appreciate. The data centre will serve Meta's AI work, but it won't expand the compute power for Canadian businesses, researchers and entrepreneurs to develop their own AI projects.
Anthropic is reportedly eyeing Alberta for a data centre too, based on a handful of recent roles they're hiring for in Canada. Whether it's Meta or Anthropic setting up shop in Alberta, it's not a given that any Calgary-based startup close by will get to access its capabilities.
That difference matters because the easier it is for Canadians to get their hands on compute, the more our research turns into companies, jobs (both direct and indirect) and economic growth. The federal government's new Responsible Data Centre Development Principles announced by AI Minister Evan Solomon recognizes this distinction by calling for data centre projects in the country to provide tangible benefits to Canadians, including access to compute and jobs, but we still have more to do.
Foreign investment undeniably has a place in Canada's AI strategy and encouraging these players to share more of the upside is undoubtedly progress, but it can't be our standalone solution.
Every economic era had a defining infrastructure from railroads, electricity and then the cloud. None of them were revolutionary until ordinary businesses and people could access them.
AI asks far more of our computers today than it did even a year ago. We're feeding it more complex tasks, expecting faster responses and more users are hitting the system at once.
Compute is the thing you need to compete, and access to it is the bottleneck. The countries that make that access easy are the ones that turn AI research into real outputs such as companies and jobs.
Distributed AI infrastructure, meaning a mesh of compute across multiple locations instead of packed into one mega facility, is how you can solve for access.
It brings compute closer to the people and businesses actually using it, which makes the system harder to knock over and allows businesses more visibility over their workloads.
The countries that will lead the AI economy will be the ones to make it easiest for their own entrepreneurs to build and access sovereign compute. Canada has spent well over the last decade building one of the strongest AI ecosystems and now we must give them the infrastructure to lead it.
DAVID MacNICOL
OPINION
President and portfolio manager at MacNicol & Associates Asset Management
The recent synchronized rise in global yields is not simply a U.S. fiscal or monetary story.
Investors are reassessing global debt levels, persistent inflation and a changing world order marked by geopolitical conflicts and trade disputes. These concerns have increased bond market volatility and have begun affecting many balanced-oriented portfolios.
As yields and bond prices move in inverse directions, sharp increases in yields have produced losses for many fixed-income investors, and that will likely continue.
Long-duration government yields have jumped to multidecade highs globally, especially across the developed world, with the U.S. 10-year treasury yield moving above 5.6 per cent, Japan's 10-year yield near 3 per cent, and the British 30-year yield above 6 per cent. Global longterm yields are signalling something beyond the typical response to central bank interest-rate increases: a lack of confidence from investors in the fiscal and monetary situation around the world.
Central banks now face a difficult task – balancing fragile economic growth with elevated inflation. They are expected to be overly hawkish during this cycle after getting it wrong during the last inflationary cycle, postpandemic.
These central banks do not want to be wrong twice and will be fighting more than inflation; they will be fighting the recent memory of having misread the situation and investor confidence. However, keeping rates high for too long could produce severe economic damage. If central banks maintain their hawkish stance, the bond sell-off could continue and expose deeper fiscal vulnerabilities across the developed world.
Governments are feeling the effect and consequences of higher yields. The U.S. Treasury recently tripled its bond buyback program from US\$2-billion to US\$6-billion. The Treasury claimed its decision was aimed at increasing liquidity in the Treasury market. However, many investors are questioning the timing of the decision and have concluded the program is intended to minimize the increase in interest rates.
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The Treasury has also received political backlash for intervening in bond markets just a few weeks before U.S. midterm elections, as higher borrowing costs and affordability remain key issues for voters. Higher yields don't only affect consumers, but they also affect governments that are servicing massive deficits.
As we have seen, this move by the Treasury has not decreased interest rates; it has increased long-term rates and led to many investors questioning the independence of the Treasury and its motives. Treasury Secretary Scott Bessent has faced criticism, including from his former mentor Stanley Druckenmiller, over his handling of this situation. Druckenmiller, who famously shorted the British pound and “broke the Bank of England” in the 1990s, warned in an opinion piece last month that governments who defend prices against fundamentals always lose, and the variable is how much they spend before conceding.
Meanwhile, the U.S. Federal Reserve's interest-rate policy has had rippling effects across global markets through currency movements, capital flows and imported inflation. Higher U.S. interest rates attract capital, support the U.S. dollar and place pressure on other currencies.
Central banks worldwide are feeling these pressures and are attempting to protect domestic currency purchasing power, while avoiding further economic pressure from higher interest rates. Japan's move away from ultralow interest rates and consistent inflation worries in Europe could intensify global volatility in bond markets and could lead to further weakness.
For investors and consumers, higher benchmark rates mean higher borrowing costs and lower bond prices. Many balanced portfolios that rely on fixed income to cushion equity drawdowns have instead seen both asset classes fall, a repeat of 2022. The recent rise of yields has pushed bond prices down, affected investor sentiment and triggered credit-fund outflows.
Higher yields are not fundamentally negative: they can improve income for investors and normalize bond market pricing after years of near-zero yields. The danger today is not simply the level of yields, but the volatility and speed of bond-price adjustments, which are being intensified by fiscal vulnerabilities that adversely affect consumers, investors and governments.
Ultimately, global bond-market performance may not be entirely determined by monetary policy, and will likely be ascertained by investor sentiment toward inflation cyclicality and their belief in policy makers' control over it. Fiscal policy is expected to be a driver of bond-market performance, as investors want governments to show their actions are sustainable and not volatile.
Global bond markets may remain unusually volatile as numerous parties navigate an uncertain economic environment.
STEFANIE MAROTTA
BANKING REPORTER
Canada's banking regulator is planning to implement tighter guidelines on artificial intelligence as threats from AI agents and Anthropic's powerful Claude Mythos model escalate risks among the country's lenders.
As the pace of AI development surges, banks have been accelerating their use of the technology aimed at cutting costs and generating financial returns. Office of the Superintendent of Financial Institutions superintendent Peter Routledge has tasked his team to work on creating a “safety code” to improve cybersecurity and mitigate risks, he said during a conference Wednesday held by the Global Risk Institute.
The regulator is still working on the details, but Mr. Routledge said the safety code could consist of broad, high-level standards that provide a basic level of safety and protection for the financial system, while also establishing a “wide perimeter for innovation.”
Rather than implement a regulatory framework prior to now, OSFI has guided banks to “do no harm,” Mr. Routledge said. In 2023, the regulator and the GRI published a report on the implications of AI on financial services institutions. OSFI has also previously listed AI in its annual risk outlook.
The introduction of Mythos, which Anthropic has restricted the use of because it is capable of finding and exploiting weak spots in software that could open companies to cyberattacks, was the catalyst that spurred OSFI to consider firmer guardrails on the banking industry's use of the technology.
“That was an event that signifies the advancing capabilities of frontier AI models, which could be turned for illicit purposes and attack the financial institutions. That constituted a major increase in cyber risk,” Mr. Routledge told reporters during a media scrum on Wednesday.
“And then the more recent stories we’re reading about how agents are interpreting their task authorizations liberally and potentially posing dangers to institutions – that’s frightening, and that is a risk that is front and centre for us.”
Canadian banks have been accelerating AI research and implementation. On Tuesday, AI benchmarking platform Evident ranked all of Canada's five biggest banks in the top 30 of a list of 50 global financial institutions on AI adoption.
Mr. Routledge said he is generally satisfied with the level of preparedness of Canada's banks, but “not all institutions across the system are equal on AI” as some are further ahead than others.
If an issue arose at one financial institution, it could spread through Canada's banking system.
“What if one of your counterparties does something wrong?” Mr. Routledge said. “You’re connected to your counterparties, and if there’s poison at the counterparties, it’s flowing through to you as an institution. Our highest utility is to try and lessen the risk that some poison gets into one institution and scatters throughout the system.”
The federal government has been courting investment to build data centres that power the boom in AI demand. While Ottawa says it is attempting to secure Canada's data sovereignty, the technology also poses significant risks, GRI chief executive officer Sonia Baxendale said. "We know the very technology required to strengthen our resilience also creates new threats to our institutions, to our national security, and to democracy itself," she said.
"With trust in traditional institutions at historic lows, a small number of global technology firms now control the platforms that increasingly shape how we communicate, consume information and make decisions."
Mr. Routledge also cited private credit and private equity as mounting risks, and said OSFI will highlight the issue in its risk outlook, set to be published Thursday. “We are not seeing sizable risk concentrations that give us heartburn in this sector, but the aggregate concentration is growing,” he said.
As Ottawa has urged institutions to help drive its nation-building efforts, OSFI has introduced measures aimed at making more bank lending available. In June, the regulator lowered the size of the capital cushion the country's biggest banks must hold, freeing up billions of dollars.
The regulator is also examining ways to even the playing field for smaller banks, Mr. Routledge said, with the intention of helping those institutions increase lending. Over the next six months, OSFI will be examining how its capital framework may disadvantage small- and medium-sized lenders.
He referred to this as a “competitive imbalance” between the smaller banks that follow a standardized approach and the larger banks that use internal ratings to manage capital.
Earlier in the day, federal Natural Resources Minister Tim Hodgson urged the room of financial institution leaders to help finance Ottawa's nation-building projects
– initiatives that banks have often been considered too risky for lending.
"When someone walks into a bank or an asset manager with a \$10-billion project, you don't hand them the money without asking about the risks," Mr. Hodgson said. "We understand the government cannot eliminate risk for opponents, and we understand these should not insulate investors with bad investment decisions. However, there are cases where governments can use its suite of tools to change the balance between expected risks and returns of strategically important investments."
Ottawa is using a variety of measures to help make it easier for banks to lend to riskier businesses and projects, including loan guarantees and potential co-investments, Mr. Hodgson said.
As the U.S. wages its trade war with Canada, President Donald Trump has taken fresh aim at the Canadian banking sector. In September, he repeated his incorrect claim the U.S. banks are unable to operate in Canada.
But when mid-sized banks have been put on the auction block in recent years, there were no U.S. buyers, Mr. Routledge said.
“All the acquirers were Canadian, and they weren’t Canadian because we had any bias geographically,” he said. “They were who stood up with a bid, and any foreign bank could have stood up with a bid, and we would have looked at it exactly the same way as a Canadian bidder. We are geographically agnostic.”

Steam rises at Suncor's oil sands facility near Fort McMurray, Alta. Oil and gas – Canada's highest emitters – remained flat according to a new report on the country's emissions. VICTOR R. CAIVANO/AP
Carney's climate and economic policies will affect carbon emissions.
FBOM B1
The biggest contributors to the 2025 increase in greenhouse gases were from the building sector, where emissions jumped 6 per cent, and power generation, up 5 per cent compared with 2024.
"Our building sector is still really reliant on natural gas, so when the temperatures drop, and 2025 was a colder year than 2024, our gas use and our emissions go up significantly," Mr. Linden-Fraser said.
In comparison, oil and gas – Canada's high-
est emitters – remained essentially flat, while other sectors made scant progress at cutting carbon dioxide.
The November, 2025, memorandum of understanding announced by Prime Minister Mark Carney and Alberta Premier Danielle Smith envisions Ottawa backing Alberta's proposal for a one-million-barrel-a-day pipeline to the Pacific Coast in exchange for dozens of provisions to lessen the environmental impact of the province's energy sector.
The subsequent implementa-
The subsequent implementation agreement included changes to the industrial carbon pricing system, which is designed to incentivize industries to install electrified technologies. However, the changes did not fix existing issues, such as an oversupply of carbon credits and low demand, Mr. Linden-Fraser said.
"The result is that industries, which particularly in Alberta are the main source of emissions, will not have enough incentive to reduce their emissions," he said.
Mr. Carney's most recent policy moves with Bill C-39, the Building Canada Strong Act, would see a reduction in consultation and approval timeframes down to one year when fast-tracking major projects. However, Mr. Linden-Fraser said it is too soon to see how Mr.
Mr. Carney's most recent policy moves with Bill C-39, the Building Canada Strong Act, would see a reduction in consultation and approval timeframes down to one year when fast-tracking major projects.
He added the institute has done projections suggesting the potential impacts of those policies on Canada's emission goals “and it’s nowhere near enough to get us on track to net-zero emissions.”
Canada's best chance of getting back on track, is through clean electrification, the report stated.
But that involves breaking “20 years of history in which we’ve barely electrified at all,” Mr. Linden-Fraser said.
Canada's electricity generation has only risen 3 per cent since 2005.
In the same time period, natural gas use, not for power generation, has risen by 48 per cent.
Growth in non-emitting renewable energy generation has been negatively impacted by climate change with droughts reducing hydro production. Refurbishments to some nuclear power plants have also taken them offline.
As a result, the report found Canada's electrical production "is less green than it was just five
years ago," down to 80 per cent of the total from 84 per cent in 2024.
Canada has made commitments to double its electrical generation by 2050 and recently announced a \$10-billion investment in upgrading Churchill Falls hydroelectrical plant in Labrador to increase clean electrical generation.
“But it’s when we look at the overall picture that we’re not seeing enough progress,” Mr. Linden-Fraser said.
The early emissions data reinforces 440 Mé-gatonnes' previous study from September, which found the country is 20 years behind its 2030 emissions target goals, part of Canada's commitment to reach net-zero emissions by 2050 under the Paris Agreement.
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NOTICE TO POTENTIAL PRIORITY CLAIMANTS
NOVA RIDGE (MANDERLEY) LIMITED PARTNERSHIP and
NOVA RIDGE (MANDERLEY) GP CORP.
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PLEASE TAKE NOTICE that this notice is being published pursuant to an Order of the Ontario Superior Court of Justice (Commercial List) made October 1, 2026 (the "Priority Claims Procedure Order") in the receivership of Nova Ridge (Manderley) Limited Partnership (the "Borrower") and Nova Ridge (Manderley) GP Corp. (the "Borrower GP" and collectively with the Borrower, the "Debtors"). Defined terms used here and not defined have the meanings given in the Priority Claims Procedure Order.
AlixPartners Restructuring, Inc., Court-appointed receiver (in such capacity, the “Receiver”) of the Debtors, is conducting a claims process to call for Priority Claims, including secured claims and claims ranking in priority to the Senior Secured Lenders’ Claim. Unsecured Claims and Claims that do not have evidence and/or a basis to be a Priority Claim are not being called for in this Priority Claims Procedure. Such Claims will not be reviewed, considered or addressed in this Priority Claims Procedure.
Post-Filing Claims will not be considered or addressed in this Priority Claims Procedure.
All Priority Claimants of the Debtors should receive a Claims Package from the Receiver. Priority Claimants may also obtain the Priority Claims Procedure Order and a Claims Package from the Receiver's website at https://cdncases.alixpartners.com/experience/case/manderley or by contacting Nathalie El-Zakhem of the Receiver at nathalie.elzakhem@alixpartners.com.
Completed documents must be received by the Receiver by 5:00 p.m. (Toronto time) on November 5, 2026 (the "Claims Bar Date"). It is your responsibility to complete the appropriate documents and ensure that the Receiver receives your completed documents by the Claims Bar Date.
PRIORITY CLAIMS NOT RECEIVED BY THE CLAIMS BAR DATE WILL BE BARRED AND EXTINGUISHED FOREVER.
DATED at Toronto this 8th day of October, 2026
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AllxPartners
ALIXPARTNERS RESTRUCTURING, INC.
LICENSED INSOLVENCY TRUSTEE
220 Bay Street, Suite 1300, Box 20
Toronto, Ontario M5J 2W4
FROM B1

Boots was founded in 1849 in Nottingham, in central England, as an herbalist store, selling alternatives to traditional medicines. Boots, like Shoppers, has a massive customer loyalty program with 17 million members. IAN FORSYTH/GETTY IMAGES
"As Canada builds stronger ties around the globe, we are delighted to welcome the UK's most iconic pharmacy, health, and beauty business into our group of companies," Mr. Weston said in an e-mail to The Globe and Mail.
In the fiscal year ended Aug. 31, 2025, Boots' revenue grew by 3.2 per cent to £7.5-billion (\$14.1-billion), according to the most recent filing available from the British government's Companies House. The retailer's operating profit rose by nearly 30 per cent that year, to £355-million.
But while Boots has a significant presence across Britain, some of its store network has been in need of a refresh. The retailer has closed more than 300 underperforming locations in recent years, and has been investing in updating others. In fiscal year 2025 alone, the company renovated 40 stores and 180 of its in-store cosmetics sections known as “beauty halls.”
Wittington expects to close the Boots acquisition in the first quarter of 2027.
“Once complete, we look forward to Boots both benefiting from, and contributing to our collective expertise in retail, beauty, and the growing role of pharmacists who are making care more accessible in our communities,” Mr. Weston wrote.
Through Wittington, the West-on family controls publicly listed Canadian grocery giant Loblaw Cos. Ltd., parent to Shoppers Drug Mart, and privately holds luxury retailer Holt Renfrew.
Fairfax's Mr. Watsa said in a news release: “For many years, the Westons have grown and developed some of the most successful retail brands in Canada, including pharmacy and beauty, and we are confident Wittington will be an excellent steward of the Boots business.”
In Canada, Fairfax owns retailers Sporting Life Group and Sleep Country as part of a \$110-billion investment portfolio.
In addition to owning Canada's largest pharmacy chain, the Weston family has long had a strategic focus on health care businesses. Wittington's venture capital unit has invested in a number of startups in the space.
Shoppers Drug Mart has also invested in building more on-site clinics offering health services such as treatments for minor conditions, travel vaccinations and cholesterol screening.
One area where the Westons' experience could benefit Boots is around its loyalty strategy, where the new owners are planning to invest.
Boots, like Shoppers, has a massive customer loyalty program with 17 million members. Loblaw's PC Optimum has 18 million members and is considered Canada's strongest rewards program.
Loblaw has become very sophisticated in using PC Optimum to drive traffic to its stores, both through promotions that offer bonus points for purchasing on certain days, or that multiply the value of points on redemption.
Because many high-priced prestige cosmetics brands are price-protected, meaning retailers do not have as much flexibility to offer discounts, those redemption events can be a proxy for putting those items on promotion, explained Uwe Stueckmann, a former long-time Loblaw executive.
“That has cemented the prestige business for Shoppers,” Mr. Stueckmann said in an interview with The Globe. “Back in the day, when the department stores were still around, they just didn’t have those kinds of mechanisms and tactics to compete with Shoppers.”
Shoppers Drug Mart has had considerable success expanding the “Beauty Boutique” sections of its stores. That product category brings in higher profit margins than other parts of the stores, and will likely be a priority for the Boots business to find growth.
Loblaw's loyalty strategy also includes a strong app and digital platform, as well as a partnership with Esso and Mobil that encourages customers to utilize the PC Optimum rewards program more frequently, increasing its value.
“I think many of those principles could be highly relevant to Boots and Advantage Card,” Jim Noteboom, another former executive with Loblaw and Shoppers Drug Mart, wrote in an e-mail to The Globe, referring to the British chain’s loyalty program.
Boots chief executive officer Alex Baldock said in a news release the company plans to deepen its customer relationships under its new owners.
“For all of our social impact and commercial success to-date, the opportunity ahead is even greater,” Mr. Baldock said. “I look forward to making the most of that opportunity and building a world-class Boots.”
Boots owns one of Britain's leading beauty brands, the No7 Beauty Company, and will continue to invest in building its stable of products.
In 2022, Wittington sold British department store chain Self-ridges for approximately \$6.9-billion after successfully turning around the business.
Boots was founded in 1849 in Nottingham, in central England, as an herbalist store, selling alternatives to traditional medicines.
The founder, John Boot, turned over control to his son, who built a retailer that dominates high streets across Britain.

The Stelco Hamilton Works steel mill is seen in September. CARLOS OSORIO/REUTERS
FBOM B1
When asked if he would entertain an offer from Ottawa to buy Stelco, he replied that “the only thing that makes sense for us as a business” is the Canadian government signing a “Fortress North America” trade deal with the U.S.
Alison Reilander, a spokesperson with Inno-
Valuation, Science and Economic Development Canada, said in an e-mail that the government is focusing on working with the union and the Ontario government to get workers back on the job.
The Cliffs boss on Wednesday also fired back at a Stelco customer who has doubted his rationale for pulling out of the galvanized steel market in Canada.
Mr. Goncalves maintains that the 50-per-cent tariff U.S. President Donald Trump imposed on Canada last year has closed off that key market for the company and the Canadian government isn't doing enough to keep cheap imports out of the country.
Mr. Ritchie said he is a big buyer of galvanized steel from Stelco and with the company no longer producing the product, it has left Cascadia in a jam, forced to import from overseas markets to fill the void.
markets to fill the void.
In response, Mr. Goncalves called Mr. Ritchie a “walking eagle,” meaning a bird that can’t fly because it is full of excrement.
He challenged the notion that Cascadia is a major customer of Stelco, saying it isn't even among the top 20 and represents less than 1 per cent of its business by revenue.
Mr. Goncalves also said Mr. Ritchie is “part of the problem” because Cascadia imports a considerable amount of steel from overseas, which drives down the price of the product in Canada.
“Clients like Cascadia are the reason I am shutting down,” he said.
Mr. Ritchie said that while he finds the “walking eagle” comment “pretty funny,” he said he wasn’t prepared to engage in “a war of words” with Mr. Goncalves.
Jim Ritchie, the owner of steel distribution company Cascadia Metals Ltd., called that explanation “a joke.”
He said the price of coated steel has rocketed higher this year in Canada and “it’s never been a better time to make galvanized steel in Canada.”
Mr. Ritchie said he is a big buyer of galvanized steel from Stelco and with the company no longer producing the product, it has left Cascadia in a jam, forced to import from overseas
He admits that he imports steel from overseas but says he has been doing his best to pivot to Canadian suppliers.
“We were trying to switch from offshore to domestic and we were trying to give them more and more business. We were really ramping up the business we were giving him when they stopped selling to us,” Mr. Ritchie said.
"If we didn't import, we wouldn't have a business. That's because Canadian steel producers can't supply the entire Western Canadian market. There isn't enough steel in Canada."
Emera
FROM B1
For both companies, the timing matters. Governments and think tanks talk extensively about the need for new power generation plants to meet growing demand, particularly from data centres, and they urge extensive new transmission and distribution infrastructure to get that power to end users.
The existing grid also needs to be modernized to enhance remote monitoring and allow bidirectional electricity flows. And billions of dollars of upgrades will be needed just to maintain aging existing infrastructure and harden it in anticipation of more extreme weather events. Mr. Balfour addressed this when justifying the deal. "This transaction creates a stronger company positioned to invest in the infrastructure needed to support electrification, industrial development, energy security, data centres, and the growing demand of customers across North America," he said.
The problem is that language like this was used repeatedly, with few tangible examples of how exactly the combined size will help the two companies. When they were provided, they weren't so clear cut.
Emera, for instance, said the transaction will “improve credit rating thresholds, providing greater financial flexibility,” but after the conference call the outlook was a bit more mixed. Rating agency Moody’s Investors Service said the deal was at least neutral for Emera’s credit rating, but Fitch Ratings said it might actually be a slight negative for CU, which has the more favourable rating of the two companies.
And on the same scale front, the threat of losing out to U.S. rivals that are getting bigger by merging, including NextEra Energy, Inc. and Dominion Energy, Inc., who are pursuing a US\$67-billion combination, may not hold up. U.S. mergers are starting to face political backlash, and Virginia's governor make seek concessions, such as measures to keep bills down and promises to pursue clean energy development, the Financial Times reported this week.
The core issue, though, seems to be the geographic distance. Emera expanded into Florida in 2016 by acquiring Tampa-based TECO Energy Inc., and 72 per cent of its adjusted net income now comes from the Sunshine State. Investors have been enthused by the potential for data-centre growth there.
CU, meanwhile, is heavily exposed to Alberta, and as TD Securities analyst John Mould wrote in a note to clients, the province authorizes lower utility returns than Florida, which can hinder profits. (Utilities are highly regulated and are often only allowed to make a certain level of return, which prevents them from price gouging.)
“We believe that reduced relative exposure to Florida (a high quality jurisdiction for utilities) will be a disappointment for some investors,” he wrote.
Couple that with Emera and CU's acknowledgment that cost synergies are unlikely, and it can feel like two second-cousins are being made to look like siblings.
The reality: There likely are some benefits, they were simply glossed over in the big deal announcement. Florida and Alberta have two uncorrelated economies, which might give rating agencies more comfort when it comes to the combined company's debt. That could lower the combined company's cost of capital, and help it compete on government contracts against giants like Berkshire Hathaway.
And for Emera investors, Alberta isn't some backwater. The province's population growth rate was higher than Florida's over the last five years, and Alberta wants to encourage data centre construction, as well as expand its natural gas distribution network. The province also permits elevated returns over and above the approved returns if they are shared with customers.
The issue may be that none of this was telegraphed to investors beforehand. Companies tend to give their shareholders some guidance on where they're looking to expand, but neither Emera nor CU had floated the potential. In Emera's case, investors were just getting comfortable with the company again after it spent years selling assets to pay down debt, and they were finally getting excited about the potential in Florida.
If it is true that some benefits have been overlooked, it's on the companies to simply explain themselves, because their first stab at it this week wasn't all that encouraging.
Thursday, October 8, 2026
Produced by Randall Anthony Communications. The Globe's Editorial Department was not involved.
Why a competitive financing system is needed to direct more investment capital to
small and medium-sized enterprises

Leasing industry experts are calling for system reforms to address financing barriers that often make it challenging for smaller Canadian businesses to meet their capital investment needs. GRAEMENICHOLSON VIA GETTY IMAGES

C. Compared to other countries, Canada's small and medium-sized enterprises (SMEs) face significant barriers in accessing financing for the tools and equipment they need to compete and grow.
A recent paper from the C.D. Howe Institute (Canada's Investment Crisis: Shrinking Capital Undermines Competitiveness and Wages, December 2025) highlighted the impacts of this lack of investment capital. "Business investment in Canada is so weak that capital per worker is declining, eroding productivity, competitiveness and living standards," the report said. It noted that Canadian workers were projected to receive only 70 cents of new capital for every dollar received by their counterparts in the OECD as a whole and 55 cents for every dollar received by U.S. workers.
The Canadian Finance & Leasing Association (CFLA), which represents Canada's asset-backed financing, vehicle and equipment leasing industry, has put forward a blueprint for injecting energy and more competition into the financial sector so that it can better serve the needs of SMEs.
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In its report, Canada's Economic Rocket Fuel: How a Switch in Canada's Financing Paradigm Could Help Solve its Productivity Problem, the CFLA calls for a number of reforms to broaden the mix of lenders in the country's financial sector to provide more options to smaller firms whose higher risk profile isn't suitable for a loan from a larger financial institution.
"Our financial ecosystem needs to support the success of more independent finance and leasing companies," says Michael Rothe, president and CEO of the CFLA.
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It's frustrating when some of our members need to be funded by U.S. investors. Where does that money go when they make a profit? It goes south of the border rather than staying here to help grow the economy.
Michael Rothe
President and CEO, Canadian Finance & Leasing Association

---
We have customers who already are dealing with a federally regulated bank and have met all their anti-money laundering requirements and are required to repeat all that work when they're trying to finance a tractor or a
Hugh Swandel
President, Meridian OneCap Credit Corp.

"With their specialized expertise and existing relationships with smaller businesses, these lenders complement the large banks and fill the market gap in capital access for Canadian SMEs."
The 2008 financial crisis drove consolidation in Canada's financial sector, which squeezed out a number of mid-sized financial firms that traditionally provided capital to emerging firms. The CFLA calls for a new approach to allow independent finance and leasing firms to thrive and contribute their unique capacity to the system.
"The leasing industry has closer relationships with small and medium-sized enterprises," says Hugh Swandel, president of Meridian OneCap Credit Corp. and chair of the CFLA.
"We understand their capacity for repayment and the future value of the equipment they are borrowing against. These relationships allow us to quickly assess the right terms for a loan that are good for both parties. Our industry's speed to market and our ability to push money into the economy is unique."
In addition, independent finance and leasing companies often face complex regulations, administrative burdens and challenges in securing capital. This means they can end up turning to U.S. investors for funding.
"With new tariff pressures from the U.S., we are looking for made-in-Canada solutions more than ever," Mr. Rothe says. "It's frustrating when some of our members need to be funded by U.S. investors. Where does that money go when they make a profit? It goes south of the border rather than staying here to help grow the economy."
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One of the obstacles to capital access for smaller firms is the higher cost of borrowing. Canada has one of the highest interest rate spreads in the OECD between large and small borrowers, with rates for smaller firms 2.28 per cent higher, compared to a differential of 0.28 per cent in the U.S.
"As a result, the U.S. are leapfrogging ahead of us in supporting entrepreneurs while our levels are flatlining," says Mr. Rothe.
The CFLA is also calling for greater flexibility in certain regulatory
requirements. One example is new anti-money laundering regulations. The CFLA understands their importance; however, the way they're applied is often counterproductive. "We have customers who already are dealing with a federally regulated bank and have met all their anti-money laundering requirements and are required to repeat all that work when they're trying to finance a tractor or a photocopier," Mr. Swandel says.
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The CFLA urges Canada to draw from international best practices, particularly the British Business Bank's ENABLE program, which has expanded the British economy's ability to lend to SMEs. The British Business Bank partners with independent financing and leasing companies, working with them as intermediaries to finance smaller companies, an indirect lending approach.
The ENABLE program uses securitization to package smaller microfinance loans into one portfolio. This has allowed private finance companies to profitably invest in small business loans they would deem too small or too risky individually.
"We are proposing that the Business Development Bank of Canada emulate the successful elements of the British model," says Mr. Swandel. "By working with our sector in alignment with our distribution systems, we can share the risks and rewards and drive more money to smaller businesses.
"Adapting indirect lending in the Canadian financial market can give SMEs the strong and reliable access to capital they need to scale up their capacity and improve their productivity," he adds.


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Championing a stronger, more competitive financing ecosystem that helps businesses access the capital they need to invest, compete, and grow.

cfla-acfl.ca
Performance of dividend and index fund ETFs if all dividends are reinvested
Percentage growth, indexed so that 0 = Sept. 27, 2021

THE GLOBE AND MAIL, SOURCE: YAHOO FINANCE; AUTHOR'S CALCULATIONS
The idea of living off your dividends sounds great, but every investing decision comes with trade-offs
BRYCE LEUNG
OPINION
Kristy Shen and Bryce Leung retired in their 30s and are authors of the book Parent Like a Millionaire (Without Being One)
There's a hot new Gen Z investing trend, and it's all about dividends. With its own ecosystem of finfluencers on Youtube like Dividendology and a dividend investing subreddit with 911,000 followers, the trend is sometimes called dividend maxxing, yield maxxing or my personal favourite, "dividends and chill."
Here's how it works: You buy stocks or exchange-traded funds (ETFs) that pay dividends, collect those dividends as passive income and reinvest those dividends so your holdings grow over time. Once your passive income replaces your expenses, you retire.
So, what is the problem here? Isn't that the model that the Financial Independence, Retire Early (FIRE) movement follows?
In many ways, yes. Investing your money in passive-income producing investments and using that to retire is a core principle of the FIRE movement. The big difference is that this approach heavily favours dividends, while FIRE is more agnostic: interest, dividends and capital gains all count.
This is reflected in the different ETFs we use. The FIRE movement uses low-cost index funds like Vanguard's US Total Stock Market ETF (VTI) or iShares Core S&P/TSX Capped Composite Index ETF (XIC) to build our portfolios, while dividend investors often use the Schwab US Dividend Equity ETF (SCHD).
Because these investors want steady dividends, this strategy tends to concentrate on large, stable companies like banks, health care and consumer staples. This underweights growth sectors like the tech sector, which reduces volatility but means they miss out on the sectors' long-term capital gains.
Dividend investing is a perfectly reasonable strategy that has existed long before Gen Z discovered it. Where it starts to get alarming, however, is when investors get impatient.
The SCHD fund currently has a dividend yield of 3 per cent, which is miles better than VTI's yield of just 1 per cent. But it also means that if you need \$60,000 to retire, you would need approximately \$2,000,000 worth of SCHD to retire on it.
What if you wanted to retire on a smaller portfolio? The FIRE approach would be to reduce your living expenses. If you want to retire with half as much money, you need to spend half as much a year. In other words, FIRE advocates for changing your lifestyle – not your investments.
Dividend Maxxers do the opposite. Rather than cut costs, they search for funds paying higher yields. After all, if your investments were yielding 6 per cent rather than 3 per cent, you would only need \$1-million. If your investments were yielding 12 per cent, you would only need \$500,000.
That math is seductive, and that's when this strategy becomes dangerous.
The perceived safety of dividend investing is that you don't have to sell any shares to fund your living expenses. You simply buy, hold and live off the dividends. But yield is not the same as dividends. Just because a fund advertises a certain yield every month doesn't mean it's sustainable.
Covered-call ETFs are one example.
They are popular among dividend investors because they advertise a much higher yield, but most of that yield is not being funded by dividends. Instead, the funds use a strategy involving call options, which creates income from a basket of stocks by collecting option premiums and redistributing them to fund investors. But it works best when the stock market is relatively flat or rising modestly. When the market spikes higher, these call options can work against you because the fund can be forced to sell off shares if those options get called, or the options themselves can lose value.
That's not a passive buy-and-hold strategy, although it feels like it because the fund holder is sitting there and collecting their monthly payments. But underneath the hood, someone is actively trading on your behalf.
Let's look at the long-term performance of three funds. An index fund like VTI yields about 1 per cent, a dividend index fund like SCHD yields 3 per cent, and a covered-call ETF covering the S&P 500, such as JEPI, yields almost 8 per cent.
Someone chasing dividends would be highly tempted to pick JEPI because a nearly 8-per-cent yield is better than 3 per cent or 1 per cent. But let's look at how these funds performed over the past five years if an investor reinvested all dividends produced.
As you can see, that yield isn't free. The higher current income you want, the lower the long-term performance of that fund tends to be.
There's a lot to like about dividend investing, and the idea of living off your dividends while never touching the principal sounds great. But every investing decision comes with trade-offs, and it's important to understand them.
SCOTT BARLOW

Data centre expansion is stretching a U.S. power grid that was already struggling to meet demand and behind-the-meter (BTM) power - generators on sites that are not connected to the grid - is the sweeping new trend, one with clear winners and clear investment opportunities.
The rapid build-out of data centres is not a new story but a change within that trend is less understood. AI providers are now finding it necessary to build smaller facilities close to end markets instead of connecting all cities to massive centres in faraway locations. (Large centres are used to train AI agents and smaller centres for actual use of the agents). This requires local power supplies and this is increasingly provided by BTM equipment.
Morgan Stanley analysts estimate a US\$240-billion opportunity in BTM power (or roughly 120 gigawatts, the equivalent of powering 100 million average homes). They see three big winners from the trend – Bloom Energy Corp., BorgWarner Inc. and FTAI Aviation Ltd..
Bloom Energy provides solid oxide fuel cells that are ideal for BTM power because of DC current output, low noise and emissions. The stock is up 239 per cent over the past 12 months (that's not a typo). The trailing price to earnings ratio is really high at 251 times but earnings are more than doubling every year.
BorgWarner produces turbine generators that are also prevalent in local AI infrastructure. The stock is far more reasonably valued at 11.5 times trailing earnings and has climbed 47 per cent over the past year.
FTAI sells jet engine-based gas turbines, a thing I didn't know existed before now. The trailing price earnings ratio is 36 and the stock has returned an uninspiring 1.6 per cent for the past 12 months.
TIM CESTNICK
OPINION
FCPA, FCA, CPA (IL), CFP, TEP, an author and co-founder and CEO of Our Family Office Inc

T is the season to be thinking about saving taxes for 2026. If you're an investor, think about the following strategies.
Defer capital gains. If you're planning to sell a personal investment with an accrued gain, ask yourself whether the sale really has to happen before Dec. 31. Waiting until January can push the taxable gain into 2027 and can delay any tax bill by a year. Selling now may still make sense if you have losses available, expect a higher tax rate next year, or simply think it's time to sell the investment for other reasons.
Harvest capital losses. If you've realized capital gains in 2026, look for investments in your portfolio with accrued losses. Selling them before year-end can create capital losses to offset gains this year. Unused net capital losses can generally be carried back three years or forward indefinitely. Just watch the superficial loss rules, which can deny a loss if you, your spouse or an affiliated entity buy the same or identical property in the period that is 30 days before or after your sale
Check your bare trusts. Do you hold legal title to an investment, bank account or real estate for someone else? Starting with taxation years ending on or after Dec. 31, 2026, certain “reportable bare trusts” can have a T3 return and Schedule 15 filing obligation. There are exceptions, particularly for accounts holding \$50,000 or less, so don't assume every joint account is caught. Year-end is a good time to figure out if you have any joint accounts or other arrangements that are caught under these reporting rules.
Watch the 21-year clock. Many family trusts are deemed to dispose of their assets – that is, capital property – every 21 years at fair market value, which can trigger a tax hit even though nothing was sold. If a trust you're involved with is coming up to its 21st anniversary, get advice now. In some cases, assets can be distributed to beneficiaries on a tax-deferred basis before the anniversary to avoid taxes, or there may be other options to side-step that tax hit, so speak to a tax pro.
■ Revisit private-company dividends. Dividends from a private corporation can run into the tax on split income, or TOSI, rules when they're paid to family members. When TOSI applies, the income is generally taxed at the top marginal rate, which can wipe out any income-splitting benefit. Before declaring year-end dividends from a corporation, confirm whether the recipient fits within an exclusion that avoids TOSI.
Check your AMT exposure. The alternative minimum tax, or AMT, can surprise investors because it uses a separate tax calculation and limits the benefit of certain deductions, credits and preferentially taxed items. Large capital gains, loss carryforwards, interest deductions and other carrying charges, and donations can all contribute to AMT. If 2026 has been an unusually big year for gains, donations or deductions, have your tax preparer calculate your AMT exposure before year-end. Any AMT balance can be claimed as a credit in the following seven years – so it may not be a permanent loss of dollars.
Make interest deductible. Review your debts before year-end. Interest is normally deductible when you borrow money to earn income from business or property, while interest on personal borrowing isn't. So, consider paying down nondeductible personal debt first and borrowing, if it makes sense, for investing instead. Keep a clean paper trail showing how borrowed funds were used because the taxman will trace the funds to their end use.
\- Donate appreciated securities. If you're planning to give to charity, consider donating publicly traded securities with accrued gains rather than selling them and donating cash. When you donate qualifying securities the capital gain is eliminated and you'll still receive a donation tax credit based on fair market value to boot. This will save you more than donating cash. Just remember that a large donation can also create AMT.
Plan your giving vehicle. If charitable giving is part of your investment plan, don't just focus on what to donate; think about how to donate. A direct gift can be simplest, but a family foundation – either a donor-advised fund or a private foundation in some cases – can provide flexibility by separating the timing of your donation tax credits and when the charity gets the money. The right structure depends on cost, control and your objectives. Decide early enough to complete year-end gifts before the new year arrives.
Consider a holding company. In some provinces, investors with sizable non-registered portfolios could benefit from holding investments through a corporation rather than personally. The answer depends on income earned, your province, your personal tax rate and what you plan to do with the money later. A corporation doesn't always leave you better off, but if you have a larger taxable portfolio you should at least run the numbers.
Som Seif
The ambition should be yours, the heavy lifting shouldn't. Set the bar higher.
Build with PURPOSE.CA

PIXELONESTOCKER/GETTY IMAGES
'Housing is the single line most likely to make or break a Canadian retirement,' expert says
BARBARA BALFOUR
ANALYSIS
For decades, a central assumption of retirement planning was to pay off the mortgage before leaving the work force, eliminating one of the largest monthly expenses.
But for a growing number of Canadians, that no longer applies. Older renters can face housing costs that rise throughout retirement, while homeowners entering their later years with mortgages, lines of credit, condo fees or expensive repairs are discovering that owning a property doesn't necessarily mean inexpensive housing.
Advisers say that means treating housing as a central part of retirement planning rather than an expense that will eventually take care of itself.
“Housing is the single line most likely to make or break a Canadian retirement, and it’s the one most standard plans treat as an afterthought,” says Stefanie Ricchio, an independent chartered professional accountant and financial coach in Bolton, Ont.
The divide is no longer simply between people who own and those who rent, she says. It's between retirees whose housing costs and assets have been realistically incorporated into their financial plans and those relying on assumptions inherited from a different housing market.
“Security now comes from flexibility and liquidity, not tenure,” Ms. Ricchio says. “Owners need to stop treating a paid-off home as ‘free’ and start treating equity as a plannable asset.”
Ms. Ricchio recalls a retired client whose long-time rent fit comfortably within her budget until she had to leave her unit.
When she looked for another apartment in the same area, rents had risen so substantially that her Canada Pension Plan and Old Age Security benefits could no longer support remaining in the city without drawing considerably more from her registered retirement income fund.
"The discussion became more about how to make her savings last until the end of her life versus trying to force herself to stay in the city she could no longer afford to be in," Ms. Ricchio says.
John Panago, a financial planner in Vancouver, has seen the same arithmetic. One client considering a move from an older, rent-protected apartment charging about \$1,600 a month discovered a newer unit would cost \$2,250 a month, an increase of \$7,800 annually.
“This adds to the monthly retirement expense, which can take away from vacations and entertainment budgets,” Mr. Panago says.
To address those possibilities, Ms. Ricchio builds her clients' retirement plans differently from the outset. A lifelong renter may need a larger liquid portfolio, an explicit assumption for annual rent increases and greater attention to guaranteed income, she says.
She might also use a more conservative withdrawal rate and preserve tax-free savings account assets as a buffer against higher housing expenses later in life.
Meanwhile, a mortgage-free homeowner possesses something the renter doesn't: an asset that can potentially be sold, downsized or borrowed against.
Ms. Ricchio describes two 66-year-old clients with similar careers and roughly \$400,000 each in savings. One owned a paid-off house and was able to downsize, releasing six figures of equity into the retirement plan. The other paid \$2,400 a month in rent.
“Same savings, completely different sustainability,” she says. “The owner’s home was a second, hidden pension.”
That doesn't mean home ownership automatically leads to a safer retirement.
Case in point: Fazaad Bacchus, a financial adviser with Desjardins Financial Security Independent Network in Mississauga, worked with a retired condo owner who was unexpectedly handed a roughly \$40,000 special assessment for replacement windows, payable over five years. She had to increase withdrawals from her retirement savings to cover it.
Another client had retired from her full-time career as a massage therapist and continued working part-time. She and her spouse had borrowed against their home to renovate when interest rates were low. As interest rates increased, their interest costs almost doubled.
"As a result, she was forced to return to full-time work to help meet the increased monthly payments, delaying the retirement lifestyle she had originally planned," Mr. Bacchus says.
Homeowners still need to budget for property taxes, insurance, maintenance, condo or strata fees and major repairs, says Vicki Chatterley, senior wealth adviser with Inspire Wealth Management at Raymond James Ltd. in Delta, B.C. As clients age, they may also have to pay for cleaning, yard work, transportation and home maintenance.
"The key consideration is cash flow, not simply whether someone rents, has a mortgage or owns a mortgage-free home," Ms. Chatterley says.
Selling a home and becoming a renter can sometimes improve a retiree's position. She points to two clients: one who remained in a mortgaged home while the other sold, invested the proceeds and rented.
The homeowner benefited from appreciation but continued paying ownership expenses. The renter benefited from investment growth and used some of the proceeds for travel and other retirement goals.
“By converting home equity earlier, the renter gained greater liquidity and lifestyle flexibility,” she says.
Housing decisions can become particularly consequential after divorce or the death of a spouse, when expenses that were previously supported by two incomes suddenly fall on one person.
Ms. Chatterley encourages clients to begin thinking about housing well before circumstances force their hand.
Planning a move before the age of 80 can be a useful benchmark, she says, because waiting for a health or mobility crisis can reduce the choices drastically.
Special to The Globe and Mail
JAMIE McGEEVER ORLANDO
OPINION
There is a conundrum at the heart of U.S. financial markets right now, it seems. Bond market fears are reaching fever pitch, catapulting Treasury yields to their highest levels in at least 20 years, yet the Nasdaq and S&P 500 are hitting record peaks. What gives?
Investors could be forgiven for doing a double take. Boosted by the frenzied optimism around the AI-driven corporate profit outlook, the S&P 500 is up around 15 per cent and the Nasdaq is up almost 20 per cent this calendar year, even though the benchmark 10-year yield has spiked 120 basis points and the yield on ultralong U.S. bonds is at a 24-year high.
Soaring borrowing costs and a higher discount rate are typically red flags for stocks. Indeed, history shows that the rising cost of money almost always plays a significant role in severe economic and financial downturns, recessions, and market crashes. So equity investors have reason to be very cautious, especially given the market's historic concentration in a handful of artificial intelligence and tech stocks.
But it's important to ask why bond yields are spiking.
The last time yields moved this much was in 2022 when the Federal Reserve cranked up interest rates aggressively to tackle the postlockdown inflation whoosh that was then amplified by Russia's invasion of Ukraine. The 10-year yield leaped an eye-popping 235 basis points that year, and the S&P 500 slumped 20 per cent.
Back then, sky-high inflation was the big concern.
That doesn't appear to be the case this time around, although inflation is still above target. If Treasuries were being trounced primarily because of inflation indignation or even fiscal fears, one might expect to see a steeper yield curve and a spike in market-based inflation expectations. Neither has materialized. Break-even inflation rates on five- and 10-year Treasury Inflation-Protected Securities (TIPS) are comfortably below their peaks from May, and the difference between short- and longer-dated yields has shrunk across most parts of the curve this year. Instead, the primary driver of the rise in bond yields appears to be inflation-adjusted “real” yields, a sign that investors are pricing in strong real growth.
As Cullen Roche, founder and CIO at Discipline Funds, put it, "The bond vigilantes keep showing up expecting a funeral, but it turns out they walked into a growth party."
And if bond yields continue to remain elevated because of robust growth projections and not spiking inflation expectations or other risks, Wall Street could keep on dancing.
The divergence between Wall Street and Treasuries is so extreme that many fund managers say it is time to buy bonds. According to Bank of America, the 10-year rolling return for Treasuries with a maturity of 15 years or more fell to negative 2 per cent last month. That's the worst return in more than a century.
And right now, investors can lock in real, inflation-adjusted yields of nearly 3 per cent over the next decade, and 3.5 per cent over the next three decades. These are generationally high, essentially guaranteed rates of return.
Will this pull capital away from equities? Perhaps, but investors seeking to build a more balanced portfolio may not have better opportunities to do so.
One major threat remains for both bonds and stocks: the term premium. That's the amorphous degree of extra risk compensation bond buyers demand for buying longer-term debt instead of short-term paper. Sharp, upward spikes in the term premium suggest factors other than growth and inflation, such as doubts around central bank credibility or debt debasement fears, are driving yields higher.
The 10-year U.S. term premium this week has snapped to a new 12-year high of 96 basis points, according to the New York Fed's closely watched Adrian, Crump, and Moench (ACM) model.
It's never clear what is driving the term premium at any particular time, or the ripple effect it will have across markets. But if it continues rising, Wall Street's party could soon be over.
REUTERS
Canada's benchmark stock index fell the most in four months on Wednesday as investors weighed elevated bond yields and trade uncertainty, with financial and metal mining shares leading declines.
The S&P/TSX Composite Index ended down 607.65 points, or 1.7 per cent, at 35,041.86, its steepest decline since June 5 and the lowest closing level in two-and-a-half months. Wall Street also closed lower after both the S&P 500 and Nasdaq reached record highs on Tuesday.
The U.S. 10-year benchmark, a global benchmark for long-term borrowing costs, touched a fresh 24-year high before clawing back some of their increase on a strong auction of new bonds. By late afternoon, yields on both the U.S. 10-year and the Canada 10-year bond were up a modest 1 to 2 basis points.
The TSX materials sector declined 2.9 per cent as gold dropped to a two-month low. A stronger U.S. dollar, along with elevated U.S. Treasury yields, reduced the appeal of the non-yielding metal.
Heavily weighted financials were down 2.3 per cent as major bank stocks posted declines. It included a 3.3-per-cent drop for the shares of Toronto-Dominion Bank.
U.S. President Donald Trump said Wednesday that Canada has been difficult to deal with as his administration seeks to reach a new trade agreement with Ottawa.
"As this tariff uncertainty continues, you're going to see more and more downward pressure materialize for consumers and businesses and that's going to weigh down on financials," said Michael Dehal, a senior portfolio manager at Dehal Investment Partners at Raymond James.
Industrials lost 1.65 per cent and energy ended 0.75 per cent lower.
US crude oil futures settled down 1.3 per cent at US\$88.28 a barrel after the International Energy Agency agreed to speed up a release of oil stocks and prioritize diesel in a bid to curb record-high fuel prices as the Iran war squeezes global supplies. Iran war-related supply concerns have led to soaring oil prices, which in turn have revived inflation worries and raised the chances of a prolonged central bank rate hiking cycle. Those concerns, combined with mounting corporate and sovereign debt levels, have caused a global bond selloff.
REUTERS, GLOBE STAFF
EYE ON EQUITIES DAVID LEEDER

CANADIAN NAT'L RAIL. (CNI-NYSE)
CLOSE US\$115.75, DOWN \$2.66
Citi analyst Ariel Rosa thinks recent share price declines across North America's transportation industry have “created a more favorable risk-reward set-up” heading into third-quarter earnings season. While he warns macro risks, including higher fuel prices and rising interest rates, will likely “keep many investors cautious,” he emphasizes companies across his coverage have “sounded generally positive.”
Target: Mr. Rosa lowered his Canadian National Railway Co. target to US\$143 from US\$151 with a "buy" rating. Consensus is US\$138.68.

CANADIAN UTILITIES (CU-TSX)
CLOSE \$49.85, DOWN 35¢
TD Cowen analyst John Mould thinks Canadian Utilities Ltd.'s \$14.3-billion combination with Emera Inc. provides its shareholders with "ownership in a larger, more diversified utility platform with meaningful exposure to both Florida and Alberta, which are amongst North America's most attractive utility jurisdictions."
Target: He moved his rating for Canadian Utilities to “buy” from “hold” previously with a \$57 target, up from \$52. Consensus is \$54.33.

SOURCE: BARCHART
BCE (BCE-TSX)
CLOSE \$28.19, UP 16¢
Desjardins Securities analyst Jerome Dubreuil expects third-quarter results from Canadian telecommunications companies to “reflect the continued impact from low population growth, strong competitive intensity and slight pressure on activation fees due to a CRTC decision”
Target: Calling BCE Inc. “a catalyst-rich data centre story,” Mr. Dubreuil trimmed his target for its shares to \$41 from \$43, keeping a “buy” rating. Consensus is \$37.30.
ATHABASCA OIL (ATH-TSX)
CLOSE \$12.27, UP 4¢

MAPLE LEAF FOODS (MFI-TSX)
CLOSE \$24.50, UNCHANGED
National Bank Financial analyst Dan Payne sees Athabasca Oil Corp.'s \$5.7-billion cash and stock deal to be acquired by Cenovus Energy Inc. as a "a strong culmination of value creation by the ATH team, with solid metrics and premium, a reflection of the significance of execution throughout the cycle in establishing a large, scalable resource with upside."
Target: He moved Athabasca to "tender" from "outperform" and reduced his target to \$12 from \$13.75. Consensus is \$12.81.

Desjardins Securities analyst Chris Li thinks the 11-per-cent drop in share price endured by Maple Leaf Foods Inc. since the release of its second-quarter results in mid-August “is too punitive,” expecting it “to carve a path to delivering a strong end to the year as volumes begin to recover in Prepared Foods.”
Target: Reaffirming his “buy” rating, Mr. Li trimmed his target to \$36 from \$39. Consensus is \$35.90.
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TOP 20 FOR STOCKS \$1 OR MORE | CLOSE | NET CHG | % CHG | VOL 000s | YTD %CHG | TSX COMPOSITE IND | 35041.86 | -607.65 | -1.70 | 250729 | 10.50 | TSX 60 INDEX | 2064.92 | -34.14 | -1.63 | 119740 | 11.02 | TSX COMPLETION IN | 2255.14 | -46.56 | -2.02 | 130988 | 8.44 | TSX SMALLCAP INDE | 1411.46 | -26.07 | -1.81 | 92024 | 17.96 | TSX VENTURE COMPO | 877.17 | -12.95 | -1.45 | 51548 | -11.19 | TSX CONSUMER DISC | 381.01 | -1.81 | -0.47 | 3692 | -0.42 | TSX CONSUMER STAP | 1226.52 | 8.79 | 0.72 | 5121 | -0.94 | TSX ENERGY CAPPED | 442.67 | -3.34 | -0.75 | 50946 | 47.35 | TSX FINANCIALS CA | 717.81 | -16.89 | -2.30 | 39061 | 14.39 | TSX HEALTH CARE C | 21.92 | 0.21 | 0.97 | 2284 | 0.09 | TSX INDUSTRIALS C | 484.35 | -8.15 | -1.65 | 16573 | 3.72 | TSX INFORMATION T | 347.10 | -4.34 | -1.23 | 10364 | 6.28 | TSX MATERIALS CAP | 805.86 | -23.86 | -2.88 | 60304 | 7.49 | TSX REAL ESTATE C | 289.54 | -1.66 | -0.57 | 7147 | -8.48 | TSX GLOBAL GOLD I | 863.91 | -26.53 | -2.98 | 118842 | 5.73 | TSX GLOBAL MINING | 239.06 | -6.72 | -2.73 | 311996 | 14.05 | TSX INCOME TRUST | 227.89 | 0.12 | 0.05 | 8313 | 3.48 | TSX PREFERRED SHA | 699.14 | 2.47 | 0.35 | 1836 | 0.42 | TSX COMMUNICATION | 134.84 | 0.76 | 0.57 | 18153 | -14.04 | TSX UTILITIES CAP | 381.86 | -1.01 | -0.26 | 18488 | 8.39 | CLOSE | NET CHG | % CHG | VOL 000s | YTD %CHG | TD TORONTO-DOMINI | 162.43 | -5.63 | -3.35 | 12696 | 25.56 | ATH ATHABASCA OIL | 12.27 | 0.04 | 0.33 | 11754 | 74.54 | T TELLUS CORPORATI | 11.34 | 0.15 | 1.34 | 9439 | -37.31 | XIU ISHARES SP TS | 52.19 | -0.85 | -1.60 | 7783 | 11.07 | CVE CENOVUS ENERG | 43.67 | -0.79 | -1.78 | 7224 | 88.07 | CNQ CDN NATURAL R | 67.80 | -0.68 | -0.99 | 7193 | 45.84 | MFC MANULIFE FIN | 59.51 | -1.53 | -2.51 | 6067 | 19.40 | BB BLACKBERRY LIM | 12.51 | -1.14 | -8.35 | 5092 | 141.51 | BCE BCE INC. | 28.19 | 0.16 | 0.57 | 5057 | -13.90 | BTE BAYTEX ENERGY | 6.54 | -0.14 | -2.10 | 4879 | 47.30 | WCP WHITECAP RESO | 18.08 | -0.14 | -0.77 | 4647 | 57.22 | ENB ENBRIDGE INC | 65.43 | -0.77 | -1.16 | 4351 | -0.38 | HNU BETAPRO NAT G | 9.08 | 0.50 | 5.83 | 4105 | -44.29 | TRP TC ENERGY COR | 84.00 | -1.57 | -1.83 | 4091 | 11.14 | EMA EMERA INCORPO | 65.36 | -0.95 | -1.43 | 3942 | -3.37 | IVN IVANHOE MINES | 11.61 | -0.30 | -2.52 | 3761 | -25.62 | BNS BANK OF NOVA | 124.29 | -3.95 | -3.08 | 3555 | 22.78 | K KINROSS GOLD CO | 33.04 | -0.84 | -2.48 | 3399 | -14.54 | DML DENISON MINES | 3.66 | -0.21 | -5.43 | 3287 | 0.55 | AQN ALGONQUIN POW | 7.23 | 0.02 | 0.28 | 3030 | -14.34 | TSX GAINERS
TOP 20 FOR STOCKS \$1 OR MORE | CLOSE | NET CHG | % CHG | VOL 000s | YTD %CHG | COID SAVVYSHORT - | 4.15 | 0.54 | 14.96 | 5 | -72.80 | MSTZ SAVVYSHORT - | 1.95 | 0.24 | 14.04 | 52 | -90.99 | DND DYE AND DURHA | 1.32 | 0.13 | 10.92 | 590 | -68.35 | ALC ALGOMA CENTRA | 26.33 | 2.43 | 10.17 | 57 | 39.31 | RUA RUA GOLD INC | 1.45 | 0.12 | 9.02 | 71 | 16.00 | CGMD MEGASHORT -3 | 6.19 | 0.48 | 8.41 | 15 | -70.10 | MUU SAVVYLONG 2X | 18.99 | 1.40 | 7.96 | 472 | -15.60 | CMCX-B CI GALAXY | 18.21 | 1.31 | 7.75 | 1 | 15.11 | RM ROXMORE RESOUR | 5.35 | 0.35 | 7.00 | 539 | 148.84 | GDXD BETAPRO CDN | 8.97 | 0.53 | 6.28 | 407 | -45.10 | SLVD BETAPRO SILV | 36.03 | 2.11 | 6.22 | 41 | -47.39 | GASU SAVVYLONG GE | 6.35 | 0.35 | 5.83 | 12 | -43.05 | HNU BETAPRO NAT G | 9.08 | 0.50 | 5.83 | 4105 | -44.29 | GIAI GUARDIAN I3 | 24.48 | 1.33 | 5.75 | 6 | 26.32 | CSCI COSCIENS BIO | 9.18 | 0.48 | 5.52 | 1 | 7.75 | ECO ECOSYNTHETIX | 1.86 | 0.09 | 5.08 | 11 | -53.50 | MUHE HARVEST MICR | 12.60 | 0.60 | 5.00 | 50 | 0.64 | KITS KITS EYECARE | 17.50 | 0.80 | 4.79 | 187 | -4.53 | VLE VALEURA ENERG | 16.02 | 0.72 | 4.71 | 753 | 95.84 | CFOD BETAPRO SP T | 12.26 | 0.53 | 4.52 | 31 | -28.01 | TSX LOSERS
TOP 20 FOR STOCKS \$1 OR MORE | CLOSE | NET CHG | % CHG | VOL 000s | YTD %CHG | MSTU SAVVYLONG 2X | 39.60 | -6.14 | -13.42 | 242 | -52.63 | XNDU XANADU QUANT | 6.41 | -0.80 | -11.10 | 1077 | -60.01 | CBCX CI HAXABY BL | 43.11 | -4.74 | -9.91 | 3.88 | CGMU MEGALONG 3X | 7.87 | -0.82 | -9.44 | 295 | -47.20 | VGC VALOR GOLD CO | 2.72 | -0.28 | -9.33 | 220 | -63.24 | WJX WAJAX CORPORA | 35.98 | -3.62 | -9.14 | 129 | 32.09 | FVI FORTUNA MININ | 14.44 | -1.44 | -9.07 | 1711 | 7.36 | COIU SAVVYLONG 2X | 23.79 | -2.29 | -8.78 | 1 | -63.51 | NDM NORTHERN DYNA | 1.69 | -0.16 | -8.65 | 872 | -37.41 | BB BLACKBERRY LIM | 12.51 | -1.14 | -8.35 | 5092 | 141.51 | BNKU MEGALONG 3X | 18.83 | -1.70 | -8.28 | 25 | 67.38 | EFR ENERGY FUELS | 14.65 | -1.32 | -8.27 | 1243 | -26.31 | CCOU SAVVYLONG 2X | 16.14 | -1.45 | -8.24 | 7 | -24.15 | IAU I 80 GOLD COR | 2.12 | -0.18 | -7.83 | 1313 | 4.95 | MAI MINING AMERIC | 5.00 | -0.39 | -7.24 | 425 | -5.66 | HSTR | 2.32 | -0.18 | -7.20 | 599 | HSLV HIGHLANDER S | 6.86 | -0.52 | -7.05 | 877 | 29.19 | GRA NANOXPLORE IN | 1.33 | -0.10 | -6.99 | 326 | -48.05 | EDT SPECTRAL MEDI | 1.08 | -0.08 | -6.90 | 59 | -25.00 | MSTR STRATEGY CDR | 10.42 | -0.77 | -6.88 | 331 | -1.51 | S&P/TSX COMPOSITE INDEX STOCKS
LARGEST STOCKS BY MARKET CAPITALIZATION | CLOSE | NET CHG | % CHG | VOL 000s | YTD %CHG | VNP 5N PLUS INC. | 31.57 | -0.85 | -2.62 | 477 | 78.16 | ABRA ABRASILVER R | 11.47 | -0.52 | -4.34 | 1190 | 7.40 | AAV ADVANTAGE ENE | 10.31 | -0.21 | -2.00 | 730 | -12.18 | ARE AECON GROUP I | 54.11 | -3.34 | -5.81 | 552 | 72.99 | AEM AGNICO EAGLE | 257.21 | -7.39 | -2.79 | 620 | 10.50 | AC AIR CANADA | 25.00 | -0.78 | -3.03 | 2773 | 29.60 | AGI ALAMOS GOLD I | 44.94 | -1.65 | -3.54 | 618 | -15.21 | AQN ALGONQUIN POW | 7.23 | 0.02 | 0.28 | 3030 | -14.34 | ATD ALIMENTATION | 77.11 | -0.05 | -0.06 | 1156 | 2.87 | AAUC ALLIED GOLD | 27.93 | -0.81 | -2.82 | 678 | -11.19 | AP-UN ALLIED PROP | 6.10 | -0.03 | -0.49 | 1128 | -54.38 | ALA ALTAGAS LTD. | 54.40 | -0.12 | -0.22 | 856 | 29.99 | ALS ALTUS MINERA | 64.97 | -1.02 | -1.55 | 179 | 59.08 | AIF ALTUS GROUP L | 44.90 | 0.26 | 0.58 | 106 | -20.83 | USA AMERICAS GOLD | 5.94 | -0.42 | -6.60 | 1684 | -15.62 | ARIS ARIS MINING | 24.28 | -0.82 | -3.27 | 460 | 9.07 | ATZ ARITZIA INC | 123.28 | 2.04 | 1.68 | 776 | 5.05 | ACO-X ATCO LTD. C | 81.91 | 0.89 | 1.10 | 1012 | 45.28 | ATH ATHABASCA OIL | 12.27 | 0.04 | 0.33 | 11754 | 74.54 | ATRL ATKINSREALIS | 85.38 | -2.01 | -2.30 | 543 | -3.63 | ATS ATS CORPORATI | 25.37 | -0.59 | -2.27 | 266 | -32.90 | ASM AVINO SILVER | 7.62 | -0.29 | -3.67 | 449 | -10.77 | AYA AYA GOLD AND | 37.32 | -1.73 | -4.43 | 919 | 90.02 | BTO B2GOLD CORP. | 7.12 | -0.27 | -3.65 | 2875 | 15.21 | BCE BCE INC. | 28.19 | 0.16 | 0.57 | 5057 | -13.90 | BDGI BADGER INFRA | 93.15 | -3.76 | -3.88 | 108 | 27.38 | BMO BANK OF MONTR | 230.72 | -5.48 | -2.32 | 1669 | 29.44 | BNS BANK OF NOVA | 124.29 | -3.95 | -3.08 | 3555 | 22.78 | ABX BARRICK MININ | 55.84 | -2.11 | -3.64 | 2057 | -6.61 | BHC BAUSCH HEALTH | 8.79 | 0.23 | 2.69 | 418 | -7.76 | BTE BAYTEX ENERGY | 6.54 | -0.14 | -2.10 | 4879 | 47.30 | BIR BIRCHCLIFF EN | 6.61 | -0.09 | -1.34 | 1167 | -11.51 | BDT BIRD CONSTRUC | 82.17 | -1.04 | -1.25 | 355 | 188.11 | BB BLACKBERRY LIM | 12.51 | -1.14 | -8.35 | 4614 | 141.51 | BEI-UN BOARDWALK | 60.38 | -0.75 | -1.23 | 38 | -6.36 | BBD-B BOMBARDIER | 299.60 | -4.67 | -1.53 | 136 | 28.31 | BYD BOYD GROUP SE | 109.70 | 0.09 | 0.08 | 108 | -49.82 | BAM BROOKFIELD AS | 63.51 | -0.78 | -1.21 | 1198 | -11.67 | BBUC BROOKFIELD B | 37.03 | -0.09 | -0.24 | 67 | -24.51 | BN BROOKFIELD COR | 52.71 | -0.27 | -0.51 | 2609 | -16.36 | BIP-UN BROOKFIELD | 53.44 | 0.32 | 0.60 | 561 | 12.01 | BEP-UN BROOKFIELD | 42.04 | 0.28 | 0.67 | 486 | 13.35 | DOO BRP INC | 79.32 | -0.49 | -0.61 | 287 | -18.27 | CAR-UN CDN APARTM | 31.07 | -0.35 | -1.11 | 510 | -15.73 | CNQ CDN NATURAL R | 67.80 | -0.68 | -0.99 | 7193 | 45.84 | GIB-A CGI INC | 98.29 | -0.66 | -0.67 | 607 | -22.47 | CRT-UN CT REAL ES | 17.01 | 0.05 | 0.29 | 133 | 4.55 | CAE CAE INC | 33.01 | -0.68 | -2.02 | 728 | -20.92 | CCO CAMECO CORP | 126.96 | -5.31 | -4.01 | 1145 | 1.02 | CM CANADIAN IMPER | 154.57 | -4.08 | -2.57 | 2023 | 24.22 | CNR CANADIAN NATI | 164.99 | -3.35 | -1.99 | 1317 | 21.54 | CP CANADIAN PACIF | 119.18 | -2.26 | -1.86 | 1467 | 17.94 | CTC-A CANADIAN TI | 190.11 | -1.48 | -0.77 | 162 | 9.30 | CU CANADIAN UTILI | 49.85 | -0.35 | -0.70 | 1313 | 16.66 | CPX CAPITAL POWER | 64.29 | -0.20 | -0.31 | 500 | 9.80 | CS CAPSTONE COPPE | 13.92 | -0.44 | -3.06 | 3025 | 1.02 | CJT CARGOJET INC. | 86.26 | -1.32 | -1.51 | 109 | 2.76 | CCL-B CCL INDUSTR | 93.25 | -0.78 | -0.83 | 304 | 7.55 | CLS CELESTICA INC | 530.01 | -21.78 | -3.95 | 336 | 30.54 | CVE CENOVUS ENERG | 43.67 | -0.79 | -1.78 | 7224 | 88.07 | CG CENTERRA GOLD | 30.14 | -0.75 | -2.43 | 318 | 52.53 | ETFS
STOCKS \$1 OR MORE | CLOSE | NET CHG | % CHG | VOL 000s | YTD %CHG | CEU CES ENERGY SO | 18.05 | -0.19 | -1.04 | 391 | 47.11 | CSH-UN CHARTWELL | 19.44 | 0.00 | 0.00 | 517 | -3.28 | CHP-UN CHOICE PRO | 14.65 | 0.02 | 0.14 | 459 | -1.08 | CCA COGECO COMMUN | 52.50 | 0.68 | 1.31 | 335 | -21.02 | CIGI COLLIERS INT | 122.44 | -2.17 | -1.74 | 201 | -39.31 | CSU CONSTELLATION | 2901.98 | -48.66 | -1.65 | 38 | -12.10 | CRR-UN CROMBIE RE | 15.63 | -0.05 | -0.32 | 190 | 2.36 | CURA CURALEAF HOL | 14.06 | -0.16 | -1.13 | 257 | 37.44 | DFY DEFINITY FINA | 66.27 | -0.50 | -0.75 | 197 | -12.72 | DML DENISON MINES | 3.66 | -0.21 | -5.43 | 3287 | 0.55 | DSG DESCARTES SYS | 114.07 | 2.28 | 2.04 | 257 | -5.27 | DSV DISCOVERY MIN | 11.41 | -0.41 | -3.47 | 2870 | 36.16 | DOL DOLLARAMA INC | 185.37 | -0.66 | -0.35 | 636 | -9.64 | DPM DPM METALS IN | 52.00 | -2.51 | -4.60 | 1352 | 22.58 | DIR-UN DREAM INDU | 12.71 | 0.06 | 0.47 | 1045 | 1.03 | EQB EQB INC | 118.82 | -2.93 | -2.41 | 71 | 14.37 | ELD ELDORADO GOLD | 52.28 | -2.50 | -4.56 | 543 | 5.98 | EFN ELEMENT FLEET | 21.65 | -0.49 | -2.21 | 1636 | -39.94 | EMA EMERA INCORPO | 65.36 | -0.95 | -1.43 | 3942 | -3.37 | EMP-A EMPIRE COMP | 48.87 | 0.57 | 1.18 | 513 | 2.41 | ENB ENBRIDGE INC | 65.43 | -0.77 | -1.16 | 4351 | -0.38 | EDR ENDEAVOUR SIL | 11.86 | -0.45 | -3.66 | 1123 | -8.13 | EFX ENERFLEX LTD | 33.82 | -0.84 | -2.42 | 456 | 59.83 | EFR ENERGY FUELS | 14.65 | -1.32 | -8.27 | 1243 | -26.31 | EQX EQUINOX GOLD | 15.58 | -0.56 | -3.47 | 2247 | -19.23 | ERO ERO COPPER CO | 52.38 | -1.52 | -2.82 | 357 | 34.90 | EIF EXCHANGE INCO | 117.02 | -1.71 | -1.44 | 118 | 42.78 | EXE EXTENDICARE I | 27.79 | 1.11 | 4.16 | 556 | 30.16 | FFH FAIRFAX FINAN | 2199.92 | -12.21 | -0.55 | 41 | -15.90 | FTT FINNING INTL | 106.67 | -5.33 | -4.76 | 395 | 43.43 | FCR-UN FIRST CAPI | 22.96 | 0.08 | 0.35 | 190 | 21.48 | AG FIRST MAJESTIC | 23.75 | -1.21 | -4.85 | 1911 | 3.71 | FM FIRST QUANTUM | 38.52 | -1.43 | -3.58 | 2993 | 4.67 | FSV FIRSTSERVICE | 180.95 | -2.17 | -1.19 | 91 | -15.23 | FTS FORTIS INC | 75.66 | 0.41 | 0.54 | 2091 | 6.03 | FVI FORTUNA MININ | 14.44 | -1.44 | -9.07 | 1711 | 7.36 | FNV FRANCO-NEVADA | 339.13 | -7.71 | -2.22 | 293 | 19.20 | FRU FREEHOLD ROYA | 16.58 | -0.06 | -0.36 | 454 | 9.15 | GMIN G MINING VEN | 48.32 | -1.30 | -2.62 | 651 | 16.46 | GFL GFL ENVIRONME | 59.95 | -0.55 | -0.91 | 767 | 1.68 | GEI GIBSON ENERGY | 31.45 | -0.37 | -1.16 | 444 | 25.20 | GIL GILDAN ACTIVE | 58.81 | -0.46 | -0.78 | 656 | -31.45 | GRT-UN GRANITE RE | 83.01 | -1.31 | -1.55 | 131 | 1.59 | GWO GREAT-WEST LI | 87.56 | -1.51 | -1.70 | 724 | 29.35 | HPS-A HAMMOND POW | 293.28 | -4.72 | -1.58 | 38 | 83.90 | HWX HEADWATER EXP | 13.52 | 0.06 | 0.45 | 421 | 44.29 | HR-UN HR REAL EST | 9.26 | 0.03 | 0.33 | 1164 | -9.48 | HBM HUDBAY MINERA | 36.87 | -1.51 | -3.93 | 1925 | 35.30 | H HYDRO ONE LIMIT | 50.83 | -0.43 | -0.84 | 1331 | -6.97 | IAU I 80 GOLD COR | 2.12 | -0.18 | -7.83 | 1313 | 4.95 | IAG IA FINANCIAL | 201.99 | -1.94 | -0.95 | 317 | 13.59 | IMG IAMGOLD CORP | 25.73 | -0.67 | -2.54 | 1135 | 13.60 | IGM IGM FINANCIAL | 82.03 | -1.65 | -1.97 | 425 | 32.71 | IMO IMPERIAL OIL | 170.38 | -3.53 | -2.03 | 901 | 43.68 | IFC INTACT FINANC | 238.72 | -0.61 | -0.25 | 493 | -16.45 | IPCO INTERNATIONA | 34.87 | 0.03 | 0.09 | 81 | 40.43 | IVN IVANHOE MINES | 11.61 | -0.30 | -2.52 | 3761 | -25.62 | CLOSE | NET CHG | % CHG | VOL 000s | YTD %CHG | BANK EVOLVE CDN B | 10.75 | -0.31 | -2.80 | 1013 | 10.94 | CFLX CIBC FLEXIBL | 16.10 | -0.02 | -0.12 | 607 | -4.39 | DLR-U GLOBAL X US | 10.10 | 0.00 | 0.00 | 1415 | -0.39 | DLR GLOBAL X US D | 14.40 | 0.05 | 0.35 | 1457 | 3.45 | GDXD BETAPRO CDN | 8.97 | 0.53 | 6.28 | 407 | -45.10 | HHIS HARVEST DIVE | 11.97 | 0.00 | 0.00 | 799 | -2.21 | HMAX HAMILTON CDN | 16.83 | -0.39 | -2.26 | 650 | 3.95 | HND BETAPRO NAT G | 20.54 | -1.30 | -5.95 | 1448 | -45.44 | HNU BETAPRO NAT G | 9.08 | 0.50 | 5.83 | 4105 | -44.29 | HOD BETAPRO CRUDE | 17.83 | 0.22 | 1.25 | 1224 | -87.68 | HOU BETAPRO CRUDE | 24.59 | -0.34 | -1.36 | 1055 | 180.39 | HXT GLOBAL X SP T | 93.72 | -1.53 | -1.61 | 625 | 12.73 | CLOSE | NET CHG | % CHG | VOL 000s | YTD %CHG | MSTE HARVEST STRA | 2.73 | -0.18 | -6.19 | 2328 | -36.51 | RING GLOBAL X EQL | 14.16 | 0.14 | 1.00 | 1637 | -22.71 | SQQQ BETAPRO -3X | 6.32 | 0.04 | 0.64 | 438 | -51.90 | VEQT VANGUARD ALL | 62.56 | -0.46 | -0.73 | 425 | 16.48 | XEF ISHARES CORE | 51.69 | -0.37 | -0.71 | 689 | 11.57 | XEG ISHARES SP TS | 28.28 | -0.19 | -0.67 | 2732 | 47.14 | XEQT ISHARES CORE | 45.91 | -0.29 | -0.63 | 858 | 15.09 | XIC ISHARES CORE | 55.92 | -0.97 | -1.71 | 608 | 10.62 | XIU ISHARES SP TS | 52.19 | -0.85 | -1.60 | 7783 | 11.07 | XSB ISHARES CORE | 26.57 | -0.01 | -0.04 | 387 | -1.48 | XUT ISHARES SP TS | 34.53 | -0.10 | -0.29 | 841 | 8.21 | ZEB BMO EQUAL WEI | 71.49 | -1.97 | -2.68 | 1523 | 22.62 | PRICE | NET CHG | PRICE | NET CHG | PRICE | NET CHG | GOLD | 4140.70 | -46.40 | LEAN HOGS | 76.93 | -1.00 | CORN | 502.00 | -6.00 | SILVER | 60.29 | -1.29 | COFFEE | 292.70 | -11.75 | SOYBEAN | 1297.50 | -5.50 | NATURAL GAS | 3.20 | 0.09 | ALUMINUM | 3214.25 | -23.75 | CANOLA | 810.30 | -15.50 | CRUDE OIL WTI | 88.28 | -1.16 | HKFE NICKEL CNH | 104060.0 | -240.0 | S&P 500 COMM SRVS | 586.30 | -1.75 | CRUDE OIL BRENT | 100.58 | 0.26 | WHEAT | 686.50 | -17.75 | FEED WHEAT | 218.25 | 1.25 | HIGH GRADE COPPER | 6.65 | 0.00 | LUMBER PHYSICAL | 517.50 | -7.50 | BITCOIN FUTURES | 83575.0 | -2285.0 | Gold, Silver (USD/oz), Nat gas (USD/mmbtu), Oil (USD/barrel), Copper (USD/lb), Coffee (USD/lb), Aluminum (USD/tonne), HKFE Nickel (in Renminbi-Yuan/tonne), Canola and Barley (in Cdn dollars/tonne), Feed Wheat (in Br. pounds/tonne)
DOW JONES INDUSTRIAL AVERAGE
PAST 12 MONTHS

TSX 52-WEEK HIGHS
STOCKS \$1 OR MORE
S&P GLOBAL 100 INDEX
PAST 12 MONTHS

STOCKS \$1 OR MORE | CLOSE | NET CHG | % CHG | VOL 000s | YTD %CHG | INCM-U ACCELERATE | 8.79 | -0.26 | -2.87 | -19.14 | ATS ATS CORPORATI | 25.37 | -0.59 | -2.27 | 266 | -32.90 | BYD BOYD GROUP SE | 109.70 | 0.09 | 0.08 | 108 | -49.82 | BGI-UN BROOKFIELD | 5.52 | -0.15 | -2.65 | 22 | -30.57 | HOM-U BSR REAL ES | 10.77 | 0.07 | 0.65 | 6 | -14.18 | BTB-UN BTB REIT U | 3.58 | -0.01 | -0.28 | 99 | -12.47 | BNKR BUNKER HILL | 3.35 | -0.22 | -6.16 | 35 | -59.78 | CADY CADILLAC MIN | 5.35 | -0.38 | -6.63 | 312 | -24.44 | CIGI COLLIERS INT | 122.44 | -2.17 | -1.74 | 201 | -39.31 | YCM-PR-A COMMERCE | 5.14 | -0.03 | -0.58 | 9 | -0.96 | EFN ELEMENT FLEET | 21.65 | -0.49 | -2.21 | 1636 | -39.94 | EFR ENERGY FUELS | 14.65 | -1.32 | -8.27 | 1243 | -26.31 | FSZ FIERA CAPITAL | 4.06 | -0.07 | -1.69 | 225 | -34.52 | FC FIRM CAPITAL M | 10.63 | -0.32 | -2.92 | 175 | -9.30 | ASME HARVEST ASML | 12.33 | -0.26 | -2.07 | 3 | -0.96 | INTE HARVEST INTE | 11.79 | -0.04 | -0.34 | 1 | -6.13 | MUHE HARVEST MICR | 12.60 | 0.60 | 5.00 | 50 | 0.64 | HRMS HERMES CDR ( | 14.41 | -0.14 | -0.96 | -40.58 | LIF LABRADOR IRON | 22.30 | -1.03 | -4.41 | 340 | -25.34 | LAC LITHIUM AMERI | 3.43 | -0.17 | -4.72 | 1334 | -42.55 | CLOSE | NET CHG | % CHG | VOL 000s | YTD %CHG | LULU LULULEMON CD | 3.96 | -0.09 | -2.22 | 511 | -56.67 | MGEg MACKENZIE GL | 20.12 | -0.14 | -0.69 | 10 | 0.55 | MMDC MACKENZIE MO | 26.69 | -0.27 | -1.00 | 1 | MFC-PR-B MANULIFE | 20.63 | -0.01 | -0.05 | 12 | -7.16 | MKP MCAN MORTGAGE | 20.24 | -0.33 | -1.60 | 70 | -9.76 | BENZ MERCEDES-BEN | 16.64 | -0.35 | -2.06 | -33.07 | MAGF MIDDLEFIELD | 10.01 | -0.01 | -0.10 | 3 | -0.10 | MRG-UN MORGUARD N | 14.46 | -0.13 | -0.89 | 17 | -16.75 | MTY MTY FOOD GROU | 30.78 | -0.64 | -2.04 | 91 | -19.25 | NRR-UN NORTHVIEW | 14.10 | -0.24 | -1.67 | 7 | -12.69 | PVPS-PR-M PARTNERS | 25.01 | -0.07 | -0.28 | 7 | -3.17 | PEP PEPSI CDR (CA | 18.27 | -0.33 | -1.77 | 83 | -15.46 | RS REAL ESTATE SP | 8.48 | -0.10 | -1.17 | 35 | -7.02 | SHPD SAVVYSHORT - | 4.41 | -0.16 | -3.50 | 13 | -63.76 | STN STANTEC INC | 95.18 | -0.91 | -0.95 | 556 | -26.51 | SJ STELLA JONES I | 64.26 | -0.62 | -0.96 | 206 | -24.52 | SXP SUPREMEX INC. | 3.02 | -0.04 | -1.31 | 95 | -17.71 | TF TIMBERCREEK FI | 5.11 | -0.19 | -3.58 | 339 | -25.29 | TNT-UN TRUE NORTH | 7.52 | -0.03 | -0.40 | 13 | -15.12 | WDC WESTERN DIGIT | 24.61 | -0.43 | -1.72 | 123 | -12.70 | TSX COMPOSITE INDEX

SOURCE: BARCHART
OCT. 7, 2026 | CLOSE | NET CHG | % CHG | VOL 000s | YTD %CHG | JWEL JAMIESON WEL | 45.45 | 0.00 | 0.00 | 139 | 35.07 | KNT K92 MINING IN | 27.80 | -0.13 | -0.47 | 816 | 22.52 | KEL KELT EXPLORAT | 10.82 | -0.03 | -0.28 | 903 | 41.07 | KEY KEYERA CORP | 52.32 | -0.70 | -1.32 | 749 | 18.91 | KMP-UN KILLAM APA | 17.16 | -0.28 | -1.61 | 253 | 4.63 | KXS KINAXIS INC | 175.74 | 1.54 | 0.88 | 65 | 1.54 | K KINROSS GOLD CO | 33.04 | -0.84 | -2.48 | 3399 | -14.54 | LIF LABRADOR IRON | 22.30 | -1.03 | -4.41 | 340 | -25.34 | LB LAURENTIAN BAN | 40.38 | 0.07 | 0.17 | 201 | 0.20 | LSPD LIGHTSPEED C | 14.60 | 0.16 | 1.11 | 480 | -11.84 | LNR LINAMAR CORP | 96.71 | -1.81 | -1.81 | 155 | 16.57 | LAC LITHIUM AMERI | 3.43 | -0.17 | -4.72 | 1334 | -42.55 | L LOBLAW CO | 62.22 | 0.81 | 1.32 | 1087 | 0.27 | LUG LUNDIN GOLD I | 85.01 | -1.63 | -1.88 | 522 | -25.44 | LUN LUNDIN MINING | 33.93 | -1.05 | -3.00 | 1570 | 15.02 | MG MAGNA INTERNAT | 92.62 | -0.68 | -0.73 | 478 | 26.58 | MFC MANULIFE FIN | 59.51 | -1.53 | -2.51 | 6067 | 19.40 | MFI MAPLE LEAF FO | 24.50 | 0.00 | 0.00 | 386 | -1.72 | MDA MDA SPACE LTD | 41.34 | -1.57 | -3.66 | 972 | 55.18 | MX METHANEX CORP | 86.28 | -0.27 | -0.31 | 193 | 58.49 | MRU METRO INC | 89.51 | 0.53 | 0.60 | 517 | -9.39 | MAU MONTAGE GOLD | 17.31 | -0.37 | -2.09 | 795 | 75.20 | MTL MULLEN GROUP | 26.72 | -0.28 | -1.04 | 324 | 69.76 | NA NATIONAL BANK | 198.70 | -5.52 | -2.70 | 1088 | 15.11 | NXE NEXGEN ENERGY | 12.81 | -0.60 | -4.47 | 1674 | 1.43 | NFI NFI GROUP INC | 25.11 | 0.08 | 0.32 | 185 | 61.79 | NGEX NGEX MINERAL | 23.73 | -1.12 | -4.51 | 143 | -7.30 | NPI NORTHLAND POW | 22.06 | -1.13 | -4.87 | 1536 | 23.59 | NG NOVAGOLD RES I | 9.06 | -0.35 | -3.72 | 813 | -29.22 | NTR NUTRIEN LTD | 99.83 | -1.52 | -1.50 | 1299 | 17.84 | OR OR ROYALTIES I | 48.32 | -0.68 | -1.39 | 150 | -0.62 | OGC OCEANAGOLD CO | 37.68 | -0.40 | -1.05 | 614 | -3.14 | ONEX ONEX CORPORA | 103.39 | -1.57 | -1.50 | 85 | -8.47 | OTEX OPEN TEXT CO | 33.00 | 0.70 | 2.17 | 862 | -26.17 | PAAS PAN AMERICAN | 63.22 | -2.12 | -3.24 | 626 | -11.16 | POU PARAMOUNT RES | 31.46 | 0.22 | 0.70 | 276 | 30.05 | PXT PAREX RESOURC | 27.42 | -0.09 | -0.33 | 359 | 48.62 | PPL PEMBINA PIPEL | 65.58 | -0.79 | -1.19 | 1900 | 25.42 | PPTA PERPETUA RES | 28.47 | -0.86 | -2.93 | 62 | -14.32 | PEY PEYTO EXPLORA | 23.82 | -0.01 | -0.04 | 594 | 4.89 | POW POWER CORPORA | 87.69 | -1.55 | -1.74 | 1571 | 20.21 | PSK PRAIRIESKY RO | 33.16 | -0.15 | -0.45 | 327 | 22.68 | PBH PREMIUM BRAND | 70.38 | -0.13 | -0.18 | 217 | -30.80 | PMZ-UN PRIMARIS R | 21.75 | 0.06 | 0.28 | 401 | 39.51 | QBR-B QUEBECOR IN | 64.41 | -0.40 | -0.62 | 916 | 24.58 | RBA RB GLOBAL INC | 114.69 | -0.39 | -0.34 | 233 | -18.84 | QSR RESTAURANT BR | 99.07 | -0.85 | -0.85 | 539 | 5.78 | RCH RICHELIEU HAR | 34.68 | -0.69 | -1.95 | 98 | -12.34 | REI-UN RIOCAN REA | 20.39 | 0.01 | 0.05 | 887 | 9.04 | RCI-B ROGERS COMM | 43.77 | 0.39 | 0.90 | 2404 | -15.52 | RY ROYAL BANK OF | 272.82 | -6.37 | -2.28 | 2204 | 16.59 | RUS RUSSEL METALS | 88.27 | -2.24 | -2.47 | 302 | 101.53 | SAP SAPUTO INC. | 38.51 | 0.68 | 1.80 | 590 | -6.78 | SEA SEABRIDGE GOL | 38.00 | -1.07 | -2.74 | 62 | -6.61 | SHOP SHOPIFY INC | 236.59 | 2.86 | 1.22 | 1969 | 7.05 | CLOSE | NET CHG | % CHG | VOL 000s | YTD %CHG | SIA SIENNA SENIOR | 19.33 | -0.10 | -0.51 | 534 | -5.38 | SVM SILVERCORP ME | 14.34 | -0.59 | -3.95 | 393 | 24.91 | SKE SKEENA RESOUR | 43.48 | -1.14 | -2.55 | 373 | 33.37 | SRU-UN SMARTCENTR | 26.19 | -0.13 | -0.49 | 212 | 1.71 | SGD SNOWLINE GOLD | 15.10 | -1.10 | -6.79 | 345 | -13.02 | SOBO SOUTH BOW CO | 47.58 | -1.07 | -2.29 | 342 | 26.04 | SXGC SOUTHERN CRO | 10.64 | -0.36 | -3.27 | 389 | 0.47 | SDE SPARTAN DELTA | 13.35 | -0.02 | -0.15 | 548 | 84.14 | SII SPROTT INC. | 164.03 | -5.96 | -3.51 | 22 | 22.01 | SSRM SSR MINING I | 46.71 | -1.97 | -4.05 | 216 | 55.23 | STN STANTEC INC | 95.18 | -0.91 | -0.75 | 556 | -26.51 | SJ STELLA JONES I | 64.26 | -0.62 | -0.96 | 206 | -24.52 | SCR STRATHCONA RE | 39.90 | -0.30 | -0.75 | 573 | 40.84 | SLF SUN LIFE FINA | 108.21 | -2.27 | -2.05 | 1372 | 26.30 | SU SUNCOR ENERGY | 97.26 | 0.21 | 0.22 | 2309 | 59.65 | SPB SUPERIOR PLUS | 7.00 | -0.12 | -1.69 | 458 | -0.57 | TRP TC ENERGY COR | 84.00 | -1.57 | -1.83 | 4091 | 11.14 | X TMX GROUP LIMIT | 51.70 | -0.73 | -1.39 | 384 | -1.01 | TVE TAMARACK VALL | 13.31 | 0.00 | 0.00 | 2045 | 66.79 | TECK-B TECK RESOU | 93.26 | -2.12 | -2.22 | 966 | 41.93 | T TELUS CORPORATI | 11.34 | 0.15 | 1.34 | 9439 | -37.31 | TVK TERRAVEST IND | 110.87 | -0.63 | -0.57 | 40 | -32.61 | TFII TFI INTERNAT | 160.32 | -1.48 | -0.91 | 514 | 13.00 | NWC THE NORTH WES | 54.39 | 0.26 | 0.48 | 136 | 11.20 | TRI THOMSON REUTE | 141.76 | 2.28 | 1.63 | 488 | -21.74 | TPZ TOPAZ ENERGY | 28.11 | -0.39 | -1.37 | 368 | 2.07 | TXG TOREX GOLD RE | 71.15 | -2.11 | -2.88 | 672 | 8.56 | TIH TOROMONT IND | 217.00 | -13.13 | -5.71 | 379 | 30.68 | TD TORONTO-DOMINI | 162.43 | -5.63 | -3.35 | 12696 | 25.56 | TOU TOURMALINE OI | 62.56 | -0.35 | -0.56 | 1597 | 1.61 | TA TRANSALTA CORP | 18.36 | -0.27 | -1.45 | 1364 | 5.76 | TKO TREKOR METALS | 12.15 | -0.38 | -3.03 | 1031 | 56.37 | TFPM TRIPLE FLAG | 42.96 | -0.68 | -1.56 | 107 | -5.81 | TSU TRISURA GROUP | 40.57 | -0.37 | -0.90 | 40 | -5.03 | VET VERMILION ENE | 16.46 | -0.05 | -0.30 | 691 | 44.13 | VZLA VIZSLA SILVE | 4.88 | -0.13 | -2.59 | 990 | -35.11 | WSP WSP GLOBAL IN | 162.45 | -4.67 | -2.79 | 592 | -34.63 | WCN WASTE CONNECT | 221.28 | 1.59 | 0.72 | 306 | -8.08 | WDO WESDOME GOLD | 33.07 | -1.38 | -4.01 | 838 | 45.43 | WFG WEST FRASER T | 90.22 | 0.28 | 0.31 | 245 | 7.44 | WN WESTON GEORGE | 100.50 | 0.77 | 0.77 | 354 | 6.14 | WPM WHEATON PRECI | 190.40 | -5.29 | -2.70 | 666 | 18.00 | WCP WHITECAP RESO | 18.08 | -0.14 | -0.77 | 4647 | 57.22 | BONDS CANADA | TERM | YIELD | CHG | 2-YEAR | 3.24 | 0.00 | 5-YEAR | 3.61 | 0.02 | 10-YEAR | 3.95 | 0.02 | 30-YEAR | 4.32 | 0.02 | RATES | RATE | CHG | BOFC OVERNIGHT TARGET | 2.25 | UNCH | CANADIAN PRIME | 4.45 | UNCH |
FOREIGN EXCHANGE CROSS RATES | CAD | USD | AUD | EUR | GBP | JPY | CHF | CAD | - | 0.7014 | 1.0077 | 0.6266 | 0.5309 | 110.89 | 0.5845 | USD | 1.4258 | - | 1.4363 | 0.8932 | 0.7568 | 158.07 | 0.8332 | AUD | 0.9924 | 0.6962 | - | 0.6219 | 0.5269 | 110.05 | 0.5801 | EUR | 1.5959 | 1.1196 | 1.6081 | - | 0.8472 | 176.96 | 0.9328 | GBP | 1.8836 | 1.3214 | 1.8979 | 1.1803 | - | 208.89 | 1.1009 | JPY | 0.0090 | 0.0063 | 0.0091 | 0.0057 | 0.0048 | - | 0.0053 | CHF | 1.7110 | 1.2001 | 1.7237 | 1.0720 | 0.9083 | 189.68 | - | TERM | YIELD | CHG | 2-YEAR TREASURY | 4.77 | -0.02 | 5-YEAR TREASURY | 5.03 | 0.00 | 10-YEAR TREASURY | 5.28 | 0.01 | 30-YEAR TREASURY | 5.67 | 0.03 | CANADIAN DOLLAR \$0.7012 -0.0156 (-2.1790%)
PAST YEAR, AS OF 4:45 P.M. | RATES | RATE | CHG | FED TARGET RATE | 3.75-4.00 | UNCH | U.S. PRIME | 7.00 | UNCH |

DATA PROVIDED BY BARCHART, EXCEPT WHERE NOTED
OCT. 7, 2026 \$0.7012

[ DODGERS VS. BRAVES ]
Teenager Hunter on track to be Canada's next soccer star ■ B13
The Lions and Stamps need wins to earn a spot in the playoffs ■ B14

Los Angeles Dodgers outfielder Andy Pages reacts after hitting a two-run single against the Atlanta Braves during Game 4 of the National League Division Series at Truist Park on Wednesday in Atlanta. The Dodgers won 4-1 to clinch the series 3-1 and advance to the NLCS. For more MLB playoff coverage, go to ■ GLOBESPORTS.COM
KEVIN C. COX/GETTY IMAGES

Jesse Marsch, Canada's head coach, reacts to the referee's call during his team's international friendly match against the United States on Tuesday in St. Paul, Minn. STEPHEN MATUREN/GETTY IMAGES
CATHAL KELLY
OPINION

The most remarkable thing about Canada's 1-0 soccer loss to the United States on Tuesday night was that it was in any way remarkable.
Ten years ago, a friendly between these two men's teams would have been the equivalent of a solar flare – a blowout so far off everyone's radar that nobody sees it.
Now such encounters are an ongoing measure of our national fighting capacity. Can we avoid being embarrassed by America at a sport they don't care about? Great news – we can. For now.
A friendly match more than three years distant from the next World Cup is about as good a guide post to soccer quality as rolling chicken bones across the floor, but there has to be some fight in the group. Canada fought. Mostly, it was the head coach doing the swinging.
Once again, Jesse Marsch had the spotlight on him and – what a coincidence – he happened to have his top hat and cane handy. Speaking to The Guardian beforehand, Marsch lit into the United States' behaviour at our recent shared sporting endeavour.
Speaking of U.S. President Donald Trump's role in overturning a red card to Folarin Balogun during the World Cup, Marsch said, "[T]his is why everybody around the world hates America."
Elsewhere: “We, as Americans, have been inundated with propaganda since we were young.”
On the one hand, he's right. On the other, has this guy ever encountered any sort of attention he didn't feel a powerful need to elbow his way into the centre of?
I'm not suggesting he stop. Please, please, continue. But in order for this to land properly, your team needs to win a couple of big ones. To this point under Marsch, Canada's punching at a welterweight level.
Like Sister Marian used to tell us after we were sent to the office for fighting, it takes two to tango. A real scrap required the cooperation of the USA's Argentine head coach, Mauricio Pochettino. Someone gave him the opportunity by asking about Marsch's approach.
"I celebrate that we have coaches like Jesse that have pure emotion. I like this," said Pochettino. "In some moments, I was similar. Now I am more mature."
That insult should be studied at The School of Insult Technology. And we haven't even talked about Pochettino's pretend surprise a moment later when he asked the room, "I don't know if I am older than Jesse ... I am younger??"
The subsequent game didn't decide much, but I think we have settled the issue of who, between North and South Americans, is better at insults.
Marsch gets credit for locating the most reliable lever to excite Canada's part-time soccer fans. If he can turn Canada-USA into a larger canvas version of Oilers-Flames, he's onto something.
Pochettino deserves the same credit for deflecting the attempt. It does him no good to be seen volunteering America for a slanging match with America Jr.
However, we can now see how the next little while will play out. The Canadian soccer set-up will not attempt to become world class in some abstract way. With Marsch acting as spokesperson, it will have one very focused goal – be at least as good as and hopefully better than the U.S. Meanwhile, America will attempt to shake Canada off its pant leg.
It's a good plan because it's ambitious, but that's not the same thing as saying it can work.
The current Canadian roster remains essentially the same as the one that reached the World Cup round of 16 in July. Some light redecorating, new wallpaper in the locker room, but nothing close to full renos. Because why bother? Getting as far as they did was hailed back home as a generational triumph.
Right after getting hammered by Morocco, Marsch was already working to sell the impression that there is a plan and that it is working. In another example of that pure emotion Pochettino spoke of, he claimed that, “I’d rather be us than them.”
As well as World Cup semi-finalists, Morocco are the reigning under-20 world champions. So, I'm not sure what Marsch meant there, and I don't think Marsch did either. But it sounded encouraging.
■ KELLY, B13
TORI FITZPATRICK HALIFAX
The head of a provincial body that governs organized hockey in Nova Scotia is touting a new educational program that targets players after a series of hazing incidents and assaults have rocked the sport.
"There's been several incidents in hockey over the years and it's been an area of need," said Michael Field, the executive director of Hockey Nova Scotia in an interview.
The organization has teamed up with a local non-profit that provides services to survivors of sexual assault to create the program. It aims to teach 13- and 14-year-old players about how to engage in healthy team bonding exercises and how to avoid crossing the line.
“We feel there’s a need to educate players on team culture,” Field said. “Some teams do a great job at it and some team sports don’t. We just want to do all we can to ensure that … team culture is being built in a healthy manner.”
Field said more than 2,000 minor hockey players of all genders will participate in the mandatory program.
It emerged as families and coaches reacted to news reports last February about a hazing incident and sexual assault involving a junior hockey team in Nova Scotia.
A number of them sent e-mails expressing their concerns about the issue to Avalon, the non-profit that is now working with the hockey association, explained Kailee Wakeman, the director of operations at the centre.
Two under-15 minor hockey players in Colchester County, northeast of Halifax, were charged with sexual assault following the incident during a team sleepover last fall.
One of the accused players changed his plea to guilty last month, while the other pleaded not guilty in May.
Wakeman said Avalon hosted a webinar in February to teach parents and coaches how to discuss consent and hazing with young players.
Field said his association then reached out to Avalon to see if it could develop a version of the webinar for players.
Wakeman said the new program aims to teach players how to recognize discrimination, harassment, pressure, hazing and coercion.
"We're hoping ... that we can help change team cultures because sports cultures can often include hazing in ways that people think it strengthens a team and there's so much research that shows that it doesn't," Wakeman said in an interview Wednesday.
The players will participate in two sessions, said Wakeman. The first will teach them about bodily autonomy, respecting boundaries and consent, while the second will teach them how to respond to situations that may cause harm to their teammates.
“So many people call that bystander intervention, but we're going to frame it through the lens of a caring team environment,” she said. “Looking out for one another rather than placing each other in harmful situations.”
CONSENT, B13
x — clinched playoff berth
All Times Eastern

White Sox pack 40,590 into Rate Field for the franchise's first home playoff game since 2021
JAY COHEN CHICAGO
Jo Adell and José Ramírez powered Cleveland with a pair of two-out triples, and the Guardians avoided an AL Division Series sweep by cooling off the Chicago White Sox with a 9-3 victory in Game 3 on Wednesday.
Adell's three-run triple gave Cleveland a 4-1 lead in the third inning. Ramírez's three-bagger drove in Travis Bazzana and Patrick Bailey for a 7-3 advantage in the eighth.
"We continued to pile on," Cleveland manager Stephen Vogt said. "I think that's been the difference of the first couple games to today was Game 2, we were able to get a couple runs but weren't able to add on. But really good job by our guys today."
The Guardians hit two triples in a postseason game for the first time in franchise history. They became the first major league team to accomplish the feat since the Los Angeles Dodgers in Game 1 of the 2024 World Series against the New York Yankees.
Adell, Ramírez, Bailey and Brayan Rocchio each had two of the team's 11 hits – a complete turnaround for the AL Central champions after they managed just three runs and seven hits in the first two games of the series combined.
Game 4 is Thursday in Chicago, with the White Sox leading 2-1 in the best-of-five matchup. Once again, they'll try to clinch a postseason series at home for the first time since the 1906 World Series against the
Guardians third baseman José Ramírez scores under the tag of White Sox catcher Kyle Teel during fifth-inning play in Game 3 of the ALDS in the 2026 MLB playoffs at Rate Field in Chicago on Wednesday. Going into Game 4, the White Sox are leading 2-1 in the best-of-five matchup.
DAVID BANKS/REUTERS
Chicago Cubs.
“Today has nothing to do with tomorrow. Nothing,” White Sox catcher Kyle Teel said. “We come ready to go like we always do tomorrow.”
Chicago won its first four games in a surprising postseason appearance after going 60-102 last year. It was backed by a frenzied crowd of 40,590 for the franchise's first home playoff game since 2021, but there wasn't much for the fans to cheer in the final innings.
The White Sox struck out 19 times and went 2 for 11 with runners in position. Their bullpen faltered after coming up big in their fast postseason start.
“I think there was some stuff we could have played better, but they played good, too,” left-hand er Hagen Smith said. “It’s a good team, and we’ll come back tomorrow and fight.”
Chicago jumped in front on Kyle Teel's RBI double off Daniel Espino with one out in the first. But Espino fanned Chase Meidroth before Foster Griffin struck out Tristan Peters looking, stranding runners on second and third.
Griffin set a franchise record for a reliever with seven strike-outs in $2\frac{1}{3}$ innings. The left-handler allowed one run and two hits in his first appearance since Sept. 23.
“Once we got the momentum going on our side, it was tough to stop it,” said Griffin, who came over in a trade with Washington in August.
Cleveland rallied in the third against Bryan Hudson, who entered after Sean Newcomb pitched two scoreless innings.
Bazzana walked and scored on Steven Kwan's one-out single to left. Facing Smith with two down and the bases loaded, Adell grounded a high fastball down the first-base line for a 4-1 lead.
Adell, acquired in an August trade with the Los Angeles Angels, also hit an RBI triple during Cleveland's 4-3 loss in Game 2. He hit one triple during the regular season in each of the last two years.
“It was huge,” Adell said. “Really just proud of how I kind of cleaned that at-bat up.”
Playing in his 48th postseason game – all with Cleveland – Ramírez manufactured an insurance run for the Guardians in the fifth. He doubled, stole third and scored on Chase DeLauter's grounder to second, beating Teel's tag with a headfirst slide.
Ramírez's savvy baserunning gave the Guardians a 5-2 lead. The seven-time all-star went o for 6 with two walks in the first two games of the series.
The 34-year-old Ramírez also made a diving stop on Miguel Vargas's bases-loaded smash in the sixth, preserving Cleveland's 5-3 advantage.
“I felt it was a significant shift in momentum in the game when we were able to make that play,” Ramírez said through a translator. “I felt like this is going to be our game.”
---
Parker Messick starts for Cleveland in Game 4. Messick permitted two runs and four hits over $4\frac{1}{2}$ innings in the series opener. The left-hander went 12-9 with a 2.56 ERA in 32 starts during the regular season.
Chicago did not announce its pitching plans before the game. Smith started Game 1 for the White Sox, striking out four in $2 \frac{1}{3}$ hitless innings.
THE ASSOCIATED PRESS
---
(Tampa Bay leads series 2-0)
Wednesday
Tampa Bay at N.Y. Yankees
Thursday
x-Tampa Bay at N.Y. Yankees, 8 p.m.
CLEVELAND (2) VS. CHI. WHITE SOX (6)
(Chicago White Sox lead series 2-0)
Wednesday
Cleveland 9 Chicago White Sox 3
Thursday
Cleveland at Chicago White Sox, 5 p.m.
NATIONAL LEAGUE
MILWAUKEE (1) VS. SAN DIEGO (4)
(Milwaukee leads series 2-1)
Wednesday
Milwaukee at San Diego
Tuesday
San Diego 4 Milwaukee 3
Friday
x-San Diego at Milwaukee, 4:30 p.m.
L.A. DODGERS (2) VS. ATLANTA (3)
(L.A. Dodgers wins series 3-1)
Wednesday
L.A. Dodgers 4 Atlanta 1
Tuesday
L.A. Dodgers 3 Atlanta 1
x—played only if necessary
---
SEMIFINALS
(Best-of-5. All Times Eastern)
GOLDEN STATE (2) VS. LAS VEGAS (3)
(Golden State leads series 1-0)
Wednesday
Las Vegas at Golden State
Friday
Golden State at Las Vegas, 9:30 p.m.
Sunday, October 11
x-Golden State at Las Vegas, TBA
---
Atlanta (4) VCR NEW YORK (5)
(Atlanta leads series 1-0)
Wednesday
New York at Atlanta
Friday
Atlanta at New York, 7:30 p.m.
Sunday, October 11
x-Atlanta at New York, TBA
x—played only if necessary
WNBA PLAYOFF SCORING LEADERS
Following Sunday's Games
NFL | GP | FG | FT | Pts | Avg | A. Wilson, LV | 4 | 39 | 38 | 120 | 30.0 | G. Williams, GS | 4 | 35 | 15 | 100 | 25.0 | S. Citron, Wash | 2 | 14 | 16 | 50 | 25.0 | A. Ognbwale, Dal | 3 | 24 | 27 | 84 | 28.3 | B. Stewart, NY | 3 | 23 | 25 | 74 | 24.7 | J. Young, LV | 4 | 24 | 21 | 81 | 20.3 | K. Mitchell, Ind | 3 | 18 | 18 | 60 | 20.3 | C. Clark, Ind | 3 | 21 | 6 | 60 | 20.0 | A. Boston, Ind | 3 | 24 | 3 | 59 | 19.7 | AMERICAN CONFERENCE
FAST | W | L | T | Pct | PF | PA | Buffalo | 3 | 1 | 0 | .750 | 127 | 107 | New England | 2 | 2 | 0 | .500 | 65 | 77 | N.Y. Jets | 1 | 3 | 0 | .250 | 76 | 84 | Miami | 0 | 4 | 0 | .000 | 46 | 101 |
EAST
NATIONAL CONFERENCE | W | L | T | Pct | PF | PA | N.Y. Giants | 3 | 1 | 0 | .750 | 82 | 79 | Philadelphia | 2 | 2 | 0 | .500 | 75 | 93 | Dallas | 2 | 2 | 0 | .500 | 122 | 112 | Washington | 1 | 3 | 0 | .250 | 88 | 122 |
---
Byes: Kansas City, Carolina
Tampa Bay at Dallas, 8:15 p.m.
---
Philadelphia vs Jacksonville at London, GBR. 9:30 a.m.
Chicago at Green Bay, 1 p.m.
Cincinnati at Miami, 1 p.m.
Cleveland at N.Y. Jets, 1 p.m.
Houston at Tennessee, 1 p.m.
Indianapolis at Pittsburgh, 1 p.m.
Las Vegas at New England, 1 p.m.
Minnesota at New Orleans, 1 p.m.
N.Y. Giants at Washington, 1 p.m.
Denver at L.A. Chargers, 4:05 p.m.
Detroit at Arizona, 4:25 p.m.
San Francisco at Seattle, 4:25 p.m.
Baltimore at Atlanta, 8:20 p.m.
---
Buffalo at L.A. Rams, 8:15 p.m.
RESULTS AS OF WEDNESDAY, OCTOBER 7, 9:25 P.M.
CFL
EAST DIVISION | GP | W | L | PF | PA | Pt | y-Montreal | 15 | 12 | 3 | 535 | 420 | 24 | x-Toronto | 16 | 9 | 7 | 462 | 455 | 18 | Hamilton | 16 | 5 | 11 | 396 | 474 | 10 | Ottawa | 15 | 0 | 15 | 355 | 558 | 0 | WEST DIVISION | GP | W | L | PF | PA | Pt | x-Edmonton | 15 | 11 | 4 | 470 | 382 | 22 | British Columbia | 15 | 9 | 6 | 452 | 398 | 18 | Saskatchewan | 15 | 8 | 7 | 430 | 408 | 16 | Calgary | 16 | 8 | 8 | 572 | 541 | 16 | Winnipeg | 15 | 7 | 8 | 383 | 419 | 14 | WEEK 19
Bye: Toronto
Friday
All Times Eastern
Edmonton at Hamilton, 7 p.m.
Ottawa at British Columbia, 10 p.m.
Calgary at Winnipeg, 7 p.m.
Monday, Oct. 12
Saskatchewan at Montreal, 1 p.m.
Toronto at McMaster, 12 p.m.
PRESEASON
---
Indiana 123 Minnesota 112
Milwaukee at Oklahoma City
Orlando at Memphis
Phoenix at Chicago
Golden State at Portland
---
Brooklyn 124, Charlotte 90
New Orleans 116, Oklahoma City 110
Golden State 124, L.A. Lakers 98
Denver 117, Utah 106
---
---
Boston at Cleveland, 7 p.m.
New Orleans at Miami, 7:30 p.m.
Philadelphia at Brooklyn, 7:30 p.m.
Washington at New York, 7:30 p.m.
Atlanta at San Antonio, 8 p.m.
Sacramento at L.A. Lakers, 10:30 p.m.
---
---
Hartford at Providence, 7:05 p.m.
Syracuse at Rochester, 7:05 p.m.
Abbotsford at Colorado, 9:05 p.m.
Manitoba at Grand Rapids, 7 p.m.
Toronto at Hamilton, 7 p.m.
Rockford at Iowa, 8 p.m.
Bakersfield at Calgary, 9 p.m.
San Diego at Coachella Valley, 10 p.m.
Tucson at San Jose, 10 p.m.
U SPORTS FOOTBALL
WEEK SEVEN
Friday
NBA
MLS
EASTERN CONFERENCE | GP | W | L | T | GF | GA | Pt | x-Nashville | 27 | 18 | 3 | 6 | 55 | 21 | 60 | New England | 27 | 14 | 9 | 4 | 45 | 36 | 46 | Miami | 27 | 12 | 5 | 10 | 64 | 50 | 46 | Chicago | 27 | 13 | 8 | 6 | 49 | 39 | 45 | Charlotte | 27 | 12 | 8 | 7 | 47 | 38 | 43 | Philadelphia | 27 | 11 | 10 | 6 | 54 | 44 | 39 | Orlando | 27 | 10 | 13 | 4 | 48 | 64 | 34 | Cincinnati | 26 | 8 | 9 | 9 | 55 | 64 | 33 | N.Y. Red Bulls | 27 | 9 | 12 | 6 | 34 | 51 | 33 | N.Y. City F.C. | 27 | 8 | 10 | 9 | 41 | 36 | 33 | D.C. | 26 | 6 | 8 | 12 | 34 | 42 | 30 | Columbus | 27 | 8 | 14 | 5 | 39 | 43 | 29 | Toronto | 27 | 6 | 10 | 11 | 39 | 51 | 29 | Atlanta | 27 | 7 | 14 | 6 | 32 | 45 | 27 | Montreal | 27 | 6 | 15 | 6 | 34 | 54 | 24 | WESTERN CONFERENCE | GP | W | L | T | GF | GA | Pt | Vancouver | 27 | 15 | 7 | 5 | 60 | 29 | 50 | St. Louis | 27 | 13 | 6 | 8 | 48 | 36 | 47 | Dallas | 27 | 13 | 6 | 8 | 50 | 42 | 47 | San Jose | 27 | 13 | 8 | 6 | 49 | 39 | 45 | Houston | 27 | 13 | 9 | 5 | 34 | 32 | 44 | L.A. F.C. | 28 | 11 | 9 | 8 | 43 | 30 | 41 | Seattle | 27 | 10 | 9 | 8 | 35 | 35 | 38 | Colorado | 27 | 11 | 13 | 3 | 38 | 38 | 36 | L.A. Galaxy | 28 | 9 | 10 | 9 | 37 | 44 | 36 | Portland | 27 | 9 | 13 | 5 | 48 | 51 | 32 | Salt Lake City | 27 | 9 | 13 | 5 | 40 | 44 | 32 | San Diego | 27 | 8 | 11 | 8 | 47 | 47 | 32 | Austin | 27 | 7 | 10 | 10 | 35 | 47 | 31 | Minnesota | 27 | 7 | 12 | 8 | 40 | 49 | 29 | Kansas City | 27 | 6 | 18 | 3 | 32 | 65 | 21 | ---
x — clinched playoff berth
Chicago 3 Vancouver 1
NSL | GP | W | L | T | GF | GA | Pt | x-Montreal | 23 | 11 | 4 | 8 | 40 | 25 | 41 | x-Toronto | 23 | 11 | 5 | 7 | 38 | 22 | 40 | x-Ottawa | 23 | 11 | 8 | 4 | 44 | 41 | 37 | Halifax | 23 | 7 | 10 | 6 | 21 | 21 | 27 | Vancouver | 23 | 8 | 12 | 3 | 42 | 49 | 27 | Calgary | 23 | 4 | 13 | 6 | 25 | 52 | 18 | x — clinched playoff berth; Note: Three points awarded for a win, one for a tie. Saturday Oct 17
Montreal at Halifax, 2 p.m.
---
Calgary at Toronto, 1 p.m.
Vancouver at Ottawa, 4 p.m.
CPL | GP | W | L | T | GF | GA | Pt | x-Calgary | 25 | 16 | 4 | 5 | 51 | 19 | 53 | x-Hamilton | 25 | 15 | 4 | 6 | 41 | 20 | 51 | x-Ottawa | 25 | 12 | 9 | 4 | 38 | 41 | 40 | Vancouver | 25 | 9 | 10 | 6 | 35 | 33 | 33 | Quebec | 25 | 9 | 12 | 4 | 38 | 45 | 31 | Halifax | 25 | 7 | 12 | 6 | 38 | 42 | 27 | Toronto | 25 | 6 | 10 | 9 | 40 | 56 | 27 | Victoria | 25 | 2 | 15 | 8 | 30 | 55 | 14 | Tuesday
---
Quebec 2 Toronto 1
Hamilton 3 Victoria 0
---
Vancouver at Quebec, 4 p.m.
NHL
EASTERN CONFERENCE
ATLANTIC DIVISION | GP | W | L | OT | GF | GA | Pt | Florida | 4 | 2 | 0 | 2 | 8 | 8 | 6 | Ottawa | 3 | 2 | 1 | 0 | 10 | 8 | 4 | Tampa Bay | 3 | 2 | 1 | 0 | 8 | 7 | 4 | Buffalo | 3 | 2 | 1 | 0 | 10 | 11 | 4 | Toronto | 4 | 2 | 2 | 0 | 11 | 11 | 4 | Boston | 4 | 2 | 2 | 0 | 9 | 11 | 4 | Montreal | 3 | 1 | 1 | 1 | 12 | 14 | 3 | Detroit | 3 | 1 | 2 | 0 | 7 | 8 | 2 | N.Y. Rangers | 5 | 4 | 1 | 0 | 16 | 8 | 8 | Carolina | 4 | 2 | 1 | 1 | 11 | 12 | 5 | Pittsburgh | 3 | 2 | 1 | 0 | 15 | 8 | 4 | Washington | 2 | 1 | 1 | 0 | 6 | 5 | 2 | Columbus | 2 | 1 | 1 | 0 | 7 | 7 | 2 | N.Y. Islanders | 3 | 1 | 2 | 0 | 9 | 7 | 2 | New Jersey | 3 | 1 | 2 | 0 | 6 | 13 | 2 | Philadelphia | 4 | 0 | 2 | 2 | 5 | 17 | 2 | Wednesday
Colorado at Winnipeg
Pittsburgh at Washington
Edmonton at Anaheim
Detroit 5, Ottawa 3
Buffalo 3, Minnesota 2, OT
Toronto 5, Nashville 4, OT
Utah 5, New Jersey 3
Carolina 6, Montreal 4
N.Y. Rangers 5, N.Y. Islanders 2
Chicago 4, St. Louis 2
Vegas 6, Seattle 2
Florida 2, Los Angeles 1
---
---
Flint 5 Kitchener 2
Thursday — All Times Eastern
Kingston at Barrie, 7 p.m.
Ottawa at Niagara, 7 p.m.
Sudbury at North Bay, 7 p.m.
---
Oshawa at Sarnia, 7:05 p.m.
Peterborough at Sudbury, 7:05 p.m.
Owen Sound at Guelph, 7:07 p.m.
Kitchener at Sault Ste. Marie, 7:07 p.m.
Kingston at Brampton, 7 p.m.
Erie at London, 7 p.m.
---
---
Newfoundland 6 B-Boisbriand 3 Shawinigan at Victoriaville
Thursday — All Times Eastern
Rouyn-Noranda at Halifax, 6 p.m.
Drummondville at Moncton, 6 p.m.
---
---
Brandon at Kamloops
Swift Current at Kelowna
Lethbridge at Tri-City
---
Swift Current 3 Penticton 2
Brandon 2 Vancouver 1
WESTERN CONFERENCE
CENTRAL DIVISION | GP | W | L | OT | GF | GA | Pt | Utah | 4 | 3 | 1 | 0 | 17 | 8 | 6 | Minnesota | 3 | 2 | 0 | 1 | 9 | 5 | 5 | Winnipeg | 3 | 2 | 0 | 1 | 9 | 8 | 5 | Colorado | 2 | 2 | 0 | 0 | 14 | 5 | 4 | Nashville | 3 | 1 | 1 | 1 | 7 | 9 | 3 | Dallas | 3 | 1 | 2 | 0 | 6 | 6 | 2 | St. Louis | 3 | 1 | 2 | 0 | 7 | 10 | 2 | Chicago | 4 | 1 | 3 | 0 | 9 | 17 | 2 | Vegas | 4 | 3 | 1 | 0 | 17 | 10 | 6 | Edmonton | 3 | 2 | 0 | 1 | 17 | 14 | 5 | Anaheim | 2 | 2 | 0 | 0 | 7 | 5 | 4 | San Jose | 3 | 2 | 1 | 0 | 9 | 12 | 4 | Seattle | 4 | 2 | 2 | 0 | 15 | 11 | 4 | Vancouver | 4 | 2 | 2 | 0 | 19 | 18 | 4 | Los Angeles | 3 | 0 | 2 | 1 | 9 | 15 | 1 | Calgary | 3 | 0 | 3 | 0 | 3 | 16 | 0 | ---
All Times Eastern
Dallas at Buffalo, 7 p.m.
Minnesota at Tampa Bay, 7 p.m.
Nashville at Montreal, 7 p.m.
Philadelphia at Ottawa, 7 p.m.
Utah at Boston, 7 p.m.
Vancouver at Carolina, 7 p.m.
Chicago at N.Y. Islanders, 7:30 p.m.
San Jose at St. Louis, 8 p.m.
Colorado at Calgary, 9 p.m.
Toronto at Vegas, 10 p.m.
---
THURSDAY (ALL TIMES EASTERN)
---
MLB: Cleveland vs. Chicago White Sox, SN Ontario, 5 p.m.
\*MLB: Tampa Bay Rays vs. N.Y. Yankees, SN 1, Ontario, East, West, 8 p.m.
---
NBA Preseason: Washington vs. N.Y.
Knicks, NBA TV Canada, 7:30 p.m.
NBA Preseason: Sacramento vs. L.A.
Lakers, NBA TV Canada, 10:30 p.m.
---
NFL: Tampa Bay vs. Dallas, CTV, TSN 1, 8:15 p.m.
---
DP World: Open de Espana, 1st Rd., Golf Channel, 8 a.m.
PGA Korn Ferry Tour Championship, Golf Channel, 3 p.m.
PGA: Baycurrent Classic, 2nd Rd., Golf Channel, 11 p.m.
---
NHL: Vancouver vs. Carolina, SN Pacific, 7 p.m.
NH:: Nashville vs. Montreal, TSN 2, 7 p.m.
NHL: Colorado vs. Calgary, SN West, 9 p.m.
NHL: Toronto vs. Vegas, TSN 4, 10 p.m.
---
WTA: China Open, Quarterfinals, TSN 4, 7 a.m., Friday, 3 a.m.
ATP: Shanghai Masters, TSN 1, TSN 2, 12 a.m.
\*if necessary
CORNERED

"Now, take the reward money and invest it in something long-term – like, 20 years."
OFF THE MARK

MAKING SURE EVERYBODY HAS A HALLOWEEN COSTUME
©2026Mark Parisi Dist by Andrews McNeil Get a signed print: ctmCartoon@small.com offthemark.com
SPEED BUMP

BIZARRO


Canada's Kaylee Hunter dribbles during the SheBelieves Cup match against Argentina in Harrison, N.J., in March. Hunter finished second in goals in the NSL's inaugural season. ANGELA WEISS/AFP VIA GETTY IMAGES
Eighteen-year-old
striker from Calgary
has been dominant
with NSL's AFC Toronto
DANIEL RAINBIRD MONTREAL
Janine Sonis has spent more than a decade in Canadian women's national team camps, and she believes teenage phenom Kaylee Hunter has the tools to go as far as she wants.
“She’s got everything,” Sonis said. “The physical ability, the speed, the soccer IQ, the technical ability … there’s no ceiling to what she can do in the game.”
Hunter was called into Canada's senior camp for a pair of upcoming friendlies against Denmark after a standout showing at the under-20 World Cup, where she scored a sensational hat trick in Canada's round-of-16 victory over France.
The 18-year-old striker from Calgary has been turning heads since last year as the leading scorer for the Northern Super League's AFC Toronto.
After finishing second in goals with 16 in 25 games during the NSL's inaugural season, Hunter has scored nine times across 18 league contests so far this year.
Sonis sees a player who could carry the women's national team program for years to come.
"It's incredible. I'm a huge fan of hers," Sonis said after training Wednesday at Montreal's Stade Saputo. "The talent and desire that she has as such a young player is something that is going to drive this team forward for a long, long time.
“She had a wonderful U-20 World Cup, and I think it’s just a taste of what she can do. She’s just scratching the surface.”
Hunter is one of several players to break into the national team since the long-sought Canadian women's professional league kicked off less than two years ago. She says her rise has come faster than she ever imagined, thanks largely to the NSL.
"Honestly, it feels like yesterday was my first time putting on
EUSTÁQUIO'S INJURY NOT SERIOUS, CANADA SOCCER SAYS
Canada Soccer says the injury Stephen Eustáquio sustained in Tuesday's 1-0 friendly loss to the United States does not appear to be serious after the Swansea midfielder underwent an X-ray.
Eustáquio fell hard to the turf following a challenge by Gio Reyna in the 40th minute at Allianz Field.
an AFC jersey and the national team jersey," she said. "The NSL is huge and that's kind of why the league was instituted, to feed the first team of our national team.
“I give a lot of credit to the NSL, I probably wouldn’t be here because I’d still be playing youth or possibly going to university.”
Canada, which sits ninth in the FIFA rankings, hosts No. 12 Denmark on Friday in Montreal and Monday at Toronto's BMO Field. The matchups are a measuring stick ahead of Canada's quarter-final against Panama on Nov. 28 at
Canada's vice-captain stayed in the game temporarily before coach Jesse Marsch replaced him with Mathieu Choinière at halftime.
Eustáquio, 29, had his shoulder examined Tuesday night in Minnesota before returning to Swansea, where he will undergo further assessment.
the CONCACAF W Championship, a qualifier for both the 2027 World Cup in Brazil and the 2028 Los Angeles Olympics.
Whether Hunter keeps a place in Canada coach Casey Stoney's plans remains to be seen, but Stoney liked what she saw at the under-20 World Cup.
"There's still areas of her game she needs to improve. She's young, right? But I thought she was a standout," Stoney said during her roster announcement press conference two weeks ago. "She's very deserving of this call-
The Leamington, Ont., native joined camp late after getting married but played in all three matches during the international break, with Canada beating Chile and Peru on home soil before falling to the Americans.
Swansea plays its next match Saturday at home to Norwich City. THE CANADIAN PRESS
up, and I think she's got a bright future ahead of her."
Hunter, who played youth soccer for Calgary Blizzard SC and Whitecaps FC Girls Elite, knows she'll have her work cut out for her but still dreams of wearing Canada's kit in Brazil next summer.
At the club level, her goal is to play in Europe, though she's in no rush.
“I’m still doing well with AFC and I enjoy it there, but obviously in the coming years I want to make a move to Europe,” said the
Chelsea supporter. “We just got to see if the timing’s right, and I don’t know when that will be, but looking forward to it.”
SCORING SONIS
Hunter isn't the only national team player in form. Sonis, née Beckie, is enjoying a stellar season with Denver Summit FC of the National Women's Soccer League, tallying 12 goals and six assists in 26 games as a left back. She scored her most recent goal Sunday with a tight-angled cross that fooled Chicago Stars FC goalkeeper Katie Atkinson and dropped into the back of the net.
A long-time forward, the 32-year-old said her speed and endurance are helping her excel at wingback.
"Just to get up and down the pitch to be able to execute in my defensive role and be able to add to our attack, I think it's really hard to track a fullback for 90-plus minutes," Sonis said. "That's my intention when I play, is to make a winger's job as hard as possible. And then I have that forward instinct in me from being a forward my whole life, so it's a nice pair."
Sonis also scored a hat trick in Canada's most recent match, a 6-o victory over Costa Rica on June 9.
CALLING UP COURTNALL
Canada added San Diego Wave FC defender Brooklyn Courtnall to the women's national team roster ahead of the upcoming friendlies. The 23-year-old from Los Angeles is the daughter of former Montreal Canadiens forward Russ Courtnall, who scored 82 goals over four seasons with the franchise.
Brooklyn Courtnall made her senior team debut at the SheBelieves Cup, coming on as a substitute for Vanessa Gilles in a 4-1 win over Colombia on March 1. She made her first start later in the tournament, playing 90 minutes in a penalty-kick win over Argentina on March 7.
THE CANADIAN PRESS
DONNA SPENCER CALGARY
Alberta's move to permanent daylight time will turn the Calgary Flames and their fans into night owls a few times this NHL season.
The puck drops at 9 p.m. on eight Flames games, including two at the Saddledome.
“Professional athletes got to do what we got to do to get ready,” said Flames captain Mikael Backlund. “There’s caffeine out there.”
Flames forward Ryan Strome, who has children ages 6, 5 and 2, may have time to help out with bath chores before he heads to the Saddledome for a late game.
“They always want to come to games, and the nine o'clock games they definitely can’t come to,” Strome said. “That’s probably the biggest adjustment, is that my tickets will be free those nights because my family can’t go.”
Alberta's decision to stop moving clocks back an hour in November and ahead in March and stay on daylight time – a move also adopted by B.C. and Manitoba – threw a few wrinkles into an NHL schedule driven by broadcast right-shoulders.
It's injected variety into when the puck drops for the NHL's teams in Western Canada, and when their fans turn on their screens to watch them.
“It’s out of our control,” Flames president and chief executive officer Robert Hayes said. “I’ve always said in my business career, ‘Let’s focus on the things we can control,’ and we can’t control that.
“A decision was made by the province ... and decisions were made by others that this is the time we’re going to start hockey games.”
Only once before an Eastern road trip starting Dec. 10 do the Flames have back-to-back games starting at the same time.
“Looking at the calendar, looking at the schedule, it looks like it’s a big variety this year,” Backlund said.
Calgary does get eight afternoon games starting at 2:30 p.m. or earlier, compared to five in 2025-26.
“We’ve got more afternoon games. That’s going to be exciting for families,” Hayes said.
“And then the 9 o’clock games, hopefully that just means, and I’ll couch my words here, a greater party atmosphere, if you will, for a Saturday night 9 o’clock game that happens to be on.”
Calgary's 9 p.m. starts at the Saddledome are Dec. 26 against the Vancouver Canucks and Jan. 16 against the Los Angeles Kings.
Edmonton has seven games starting at 9 p.m., including Nov. 7 against the Canucks and March 6 against the Chicago Blackhawks at Rogers Place.
“I don’t think I’ll notice as much as my family at home watching,” said Oilers defenceman Jake Walman, who is from Toronto. “They’ll probably be struggling to watch that one.”
His teammate Trent Frederic will adjust his sleep routine for late games at Rogers Place.
“Sounds weird, but I'll try to go to bed a little bit later the night before, probably take a later nap, eat my lunch a little bit later than normal,” he said.
"The naps are big, or at least they are for myself. A lot of times after games, the later games, you're going to bed late, you're still wired, so it's just important to kind of stick with getting the good naps."
Manitoba declared Sept. 17, the same day players hit the ice for NHL training camps, that the province will stay on daylight time permanently.
The next day, the NHL issued changes to a dozen Winnipeg Jets home games, pushing them back an hour, but none later than 7:30 p.m. local time. Manitoba will be on the same time as Toronto on Nov. 1.
Winnipeg's road schedule contains the odd nightcap for Jets fans, though, including a 10 p.m. game Feb. 13 against the Canucks and a 9:30 p.m. start Dec. 2 against the Utah Mammoth.
The Canucks on the West Coast also have some quirky start times on the road, including 4:45 p.m. and 7:40 p.m.
A seven-game road trip in late January contains five different start times ranging from noon to 6 p.m.
"One hundred per cent it's going to be different," Canucks winger Brendan Gallagher said. "It's something that we've never really been through. Even having an 8 p.m. game to start the season, a little bit different, but we'll get used to it.
“We’ll have plans, and you probably tinker with [it] a little bit, but it’s not going to change too much. Once the puck drops, it’s still hockey and you’ve got a job to do. You try to stick to what your routine is as best you can.”
THE CANADIAN PRESS, with files from Gemma Karstens-Smith in Vancouver
FROM B11
Wakeman said educating the under-15 age group is an important place to start when trying to change behaviours that can lead to a toxic culture.
“We are hoping to re young enough that ... we can start to change the narrative early,” she said.
Dee Dooley, an education adviser with Dalhousie University's sexual violence prevention program, is helping to facilitate the pilot program along with varsity hockey players in the province.
Dooley, who has also researched sexual violence prevention among varsity student-athletes, said culture in sport is often passed down between generations.
"The importance of peer influence and peer leadership can't be overstated," she said. "Culture is really created by the people within it."
Hazing and sexual violence have plagued hockey in Canada for decades.
In 2023, a Quebec Major Junior Hock-
In 2023, a Quebec Major Junior Hockey League player filed an application for a class-action lawsuit against the league alleging he was abused during hazing rituals in the 1990s.
ey League player filed an application for a class-action lawsuit against the league alleging he was abused during hazing rituals in the 1990s.
The year prior, Hockey Canada came under fire after it was revealed that an undisclosed settlement had been paid to a woman who alleged she was sexually assaulted by members of Canada's 2018 World Junior hockey team. Five players were charged with sexual assault in 2024 related to the incident and were acquitted of all charges last year.
Jaqueline Moore, a research assistant with the project and a former varsity athlete, said while educating players is an important part of chang-
ing hockey's culture, everyone needs to play a role.
“We also need coaches involved, we need administration involved, we need parents involved,” she said. “It’s really going to take a community.”
THE CANADIAN PRESS
FROM B11
The U.S. also reached the round of 16. In America, that was a mitigated disaster. The red white and blue? In 9th-16th place? That'd be something to celebrate if we were talking grade-school math scores, but in sports? Even the frou-frou ones? Unacceptable.
It was no sure thing that Pochettino would be re-signed, but he was. Now holding a deal that encompasses a full World Cup cycle, he's begun an ambitious overhaul of the lineup. The current roster included eight teenagers.
What was an interesting experiment has, over the last week, become a blueprint. The U.S.A. had 12 goals in four games. Seven were scored by the aforementioned kids.
The best of those goals – by 17-year-old Cavan Sullivan – was scored in a romp over Mexico.
America's been an arriving soccer power since the Depression, but maybe we're finally looking at the real thing. Could that be the long tail of the NFL's concussion unpleasantness during the
2010s? Perhaps some of the gifted children who had traditionally been funnelled into gridiron brain scramble chose the less crippling charms of the global game instead. Et voila.
Whatever the case, America now looks like the class of CONCACAF. Which is good. It's helpful to have a rabbit to chase. That said, Canada's not going to keep level for three years with the same bunch of guys who starred last summer.
Alphonso Davies is one two-step hop up the staircase from retirement. The rest of the current core will be 30-plus by the next World Cup.
Age and experience are wonderful, but only when they are built on top of overwhelming ability. Whatever Canada's ability is, the World Cup proved that it falls within thewhelming range.
So that means change. Big change. And change drawn from stores of talent that are not yet fully apparent. Incendiary interviews are fun – please, keep them coming – but locating that talent is Marsch's actual job.
OTTAWA REDBLACKS VS. BC LIONS (FRIDAY NIGHT)

Calgary Stampeders quarterback Vernon Adams Jr. threw for 242 yards and four touchdowns to lead his team to a 37-31 road win over the Saskatchewan on Friday. SAMMY KOGAN/THE CANADIAN PRESS
Redblacks still searching for their first win of the season, on the road against B.C.
DAN RALPH
The task before the BC Lions and Calgary Stampeders this week is a very simple one.
Both teams can clinch CFL playoff berths with victories. B.C. (9-6) hosts the Ottawa Redblacks (0-15) on Friday night while Calgary (8-8) visits the Winnipeg Blue Bombers (7-8) on Saturday.
The Edmonton Elks (11-4) have already clinched a postseason berth but can gain some playoff clarity this weekend.
The Elks can cement a home playoff game with a win Friday night in Hamilton or a Saskatchewan loss Saturday in Montreal. Edmonton would clinch first in the West – and host the division final Nov. 7 – with a victory over the Ticats and Lions loss to Ottawa.
The Calgary-Winnipeg contest is an intriguing one given the series is tied 1-1 with each having won in the other's building. However, the two teams haven't played since the Stampeders' 52-30 victory in July. Calgary is 5-3 away from McMahon Stadium while Winnipeg is 4-5 at Princess Auto Stadium. They've both struggled within the West Division, with the Stampeders being 3-5 while the Bombers are 2-5.
Calgary comes off a 37-31 road win over Saskatchewan on Friday, its third straight victory overall.
Vernon Adams Jr. finished 22-of-29 passing for 242 yards and four touchdowns against Saskatchewan. Riders' veteran quarterback Trevor Harris had 463 yards and four touchdowns as well through the air.
Adams has a CFL-high 34 TD passes with just five interceptions. Calgary's 40 red zone touchdowns is tied with Saskatchewan for second-best behind Montreal (43).
Winnipeg has dropped its past two games, including a 37-10 decision last week to Montreal, which clinched first in the East Division with its second straight victory.
Montreal starter Davis Alexander had 440 yards passing with a touchdown while Stevie Scott III ran for 83 yards and a TD on 14 carries. Winnipeg's Dru Brown completed 11-of-16 passes for 161 yards and a TD while CFL rushing leader Brady Oliveira (1,267 yards) had 44 yards on nine car ries as the Bombers accumulated just 182 net offensive yards and converted only two-of-12 second-down opportunities.
Winnipeg's offence is last overall in net yards (337.5 per game) and yards passing (254.1) but Calgary's defence is eighth in both offensive yards (419.6) and passing yards (328.1) allowed per game. The Stampeders are also eighth overall in offensive points surrendered (32.9 per game) but their offence is tops in points (33.4 per game) and TDs (57).
Pick: Calgary
EDMONTON ELKS VS. HAMILTON TIGER-CATS (FRIDAY NIGHT)
At Hamilton, the Ticats (5-11)
come off a 34-16 road win in Ottawa as quarterback Harrison Frost completed 28-of-35 passes for 342 yards with two TDs and an interception.
Larry Rountree III ran for 128 yards and Kenny Lawler registered six receptions for 132 yards and two scores. The defence held Ottawa to just seven-of-19 second-down chances.
Edmonton needed a CFL-record nine field goals from Vincent Blanchard on Sept. 26 for a 37-35 overtime home win the last time these teams met. The Elks' defence presents a formidable challenge as it's top-three in fewest offensive points, net offensive yards, passing and rushing yards allowed.
Pick: Edmonton
At Vancouver, winless Ottawa must travel cross-country to face a team that's won three straight and eight-of-nine overall. McLeod Bethel-Thompson started the Redblacks last two games but it's unclear who will be under centre this time. B.C. comes off a 24-17 road win in Toronto as kicker Sean Whyte booted a club-record eight field goals. The Lions' defence emphatically cemented the victory with a late goal-line stand. B.C. leads the CFL in net offensive yards (426.1) and rushing (119.8) per game. Zander Horvath had four TDs and 164 rushing yards in a 45-24 win in the Canadian capital in August.
Pick: B.C.
ROB MAADDI

Buffalo Bills quarterback Josh Allen runs with the ball during Sunday's game against the New England Patriots in Orchard Park, N.Y. ADRIAN KRAUS/THE ASSOCIATED PRESS
-osh Allen and the Buffalo Bills against Matthew Stafford and the Los Angeles Rams.
Sounds like a potential Super Bowl preview.
The Bills (3-1) visit the Rams (2-2) on Monday night fresh off a home loss to Drake Maye and the Patriots.
The Rams were a play or two away from a 1-3 start, but overcame a 10-point deficit at Philadelphia in the fourth quarter.
Buffalo must fix its turnover issues after seven giveaways in the past two games. It'll be a challenge for the Bills facing a tough Rams defence that's still missing Myles Garrett. Aaron Donald and cornerback Jaylen Watson could return for this one.
Puka Nacua was back last week and had a big day catching passes from Stafford.
The Rams are $2 \frac{1}{2}$ -point favourites. They're just 4-6 against the spread in their past 10 games, but Pro Picks likes the home team in a close one.
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Undrafted rookie Jalon Daniels played well enough to win his first career start despite two picks that led to 10 points in a 17-14 loss. He needs more help from teammates. The Buccaneers haven't covered the spread in 13 straight games, the longest losing streak ATS in the Super Bowl era. Dak Prescott and the Cowboys scored 34 points against Houston's defence. Dallas' struggling defence has an opportunity to get on track against the league's 28th-ranked offence.
Cowboys: 26-19
PHILADELPHIA (2-2) VS.
JACKSONVILLE (3-1), IN LONDON
LINE: JAGUARS MINUS 7 $^{1/2}$
Lane Johnson's abrupt retirement is a crushing blow for an offence dealing with injuries to Saquon Barkley, DeVonta Smith and other key players. The Eagles are 18-30 without their long-time, all-pro right tackle. The Jaguars are scoring 26 points a game and have allowed the second-fewest points in the league. Liam Coen's offence taking on Vic Fangio's defence is a matchup between two of the league's top minds.
Jaguars: 23-18
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Deshaun Watson has led a game-winning drive in the fourth quarter in three straight games and the Browns are surprise division leaders under first-year coach Todd Monken. Jets coach Aaron Glenn is 4-17 and feeling the heat. The team is struggling yet is favoured to win this one. Geno Smith leads the NFL in completion percentage and hasn't thrown a pick after leading the league last season.
Jets: 20-17
LAS VEGAS (3-1) AT NEW ENGLAND (2-2)
LINE: PATRIOTS MINUS $3^{1/2}$
The Raiders beat the Patriots to kick off the 2025 season and then everything went in opposite directions for both teams. Las Vegas ended up 3-14 and fired Pete Carroll. New England went to the Super Bowl. Klint Kubiak and Kirk Cousins have turned things around for the Raiders. Drake Maye was struggling until leading the Patriots to a big win at Buffalo last week.
CINCINNATI (2-2) AT MIAMI (0-4)
LINE: BENGALS MINUS $6^{1}/_{2}$
The Bengals have lost two in a row while the Dolphins have yet to score 13 points in a game. Joe Burrow may not have both Ja'Marr Chase (concussion) and Tee Higgins (adductor) so they'll need the run game to get going. Miami's defence has allowed just one TD in the past 16 possessions.
Bengals: 24-16
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The Texans begin their quest to become the second team to make the playoffs after an o-4 start. C.J. Stroud and the offence haven't been the problem. One of the league's best defences has underachieved. The Titans are playing better. They need to learn how to win. Houston has won three straight in the series, including a sweep last season.
Texans: 23-17
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The Colts have won two in a row to even their record, but they've lost six in a row in Pittsburgh since their most recent win there in 2008. Daniel Jones has to protect the ball better. Jonathan Taylor has been consistent. The Steelers had a mini-bye after a Thursday night loss to the Browns. Aaron Rodgers and the offence still aren't in sync. The secondary isn't getting Joey Porter Jr. back since he was traded to Dallas.
Steelers: 22-20
LINE: VIKINGS MINUS $2^{1/2}$
The Vikings are winning behind a stifling defence and excellent special teams. Kyler Murray needs to get the offence going and can build off a strong finish last week. The Saints were humiliated by the Falcons in prime time on the 20th anniversary of the Superdome's reopening after Hurricane Katrina. They're trying to avoid losing three straight at home. The Tyler Shough-Chris Olave connection has been a bright spot and the Saints are 8-2 ATS in their past 10 games.
Upset special: Saints, 17-16
NEW YORK GIANTS (3-1) AT WASHINGTON (1-3)
LINE: COMMANDERS MINUS 3
Jameis Winston has led the Giants to a pair of wins that were secured by the defence making picks inside the five two weeks in a row. Winston makes it entertaining and keeps it interesting. The Commanders could have Jayden Daniels back and he'll be wearing a brace to protect his left elbow. Oddsmakers are expecting the version of Washington that beat Seattle to show up.
Best bet: Commanders, 26-20
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Case Keenum and Tyson Bagent are 2-o filling in for Caleb Williams and the Bears are rolling. The defence has improved since al-
Chargers: 23-20
LINE: LIONS MINUS $5^{1/2}$
Lions: 31-27
LINE: SEAHAWKS MINUS 3
THE ASSOCIATED PRESS
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ELIZABETH HELBRONNER
(née Boysen)
February 28, 1931 – October 7, 2026
Elizabeth died peacefully at her Toronto home after a brief illness. She is survived by her beloved daughters, Caroline (Nicholas Brearton), Alison (Bruce McDonald), and Valerie (Gary Salewicz); her six grandchildren, Martin (Chloe), David (Whitney), Jack, Zoë, Amelia, and Ellen; and her great-grandson, James. She was predeceased by her husband of 68 years, Jacques "Jim" Helbronner; her parents, Charles and Irene Boysen; and her aunt, Leila Stevens.
Born in Madison, Wisconsin, Elizabeth grew up in Washington, D.C. She attended The Madeira School and Vassar College as a young woman. During her junior year abroad at the University of Geneva, she met Jim. Their courtship spanned two continents, and they were married in Washington in late 1954. Arriving at the border together in a green Chevy convertible in December of that year, Elizabeth and Jim set out on a long and fulfilling life in Canada. Their marriage began with supporting each other's careers and building a network of lifelong friends in Montreal and later in Toronto, where they raised three daughters. Elizabeth loved being the "mother bear" and nurtured her children with love, genuine interest and gentle guidance. They shared memorable family time at Caledon Ski Club and epic summer driving trips to the beach in Maryland with Elizabeth's mother and aunt.
She and Jim taught their daughters to be independent, ambitious and thoughtful, and she gracefully modelled those qualities while balancing her responsibilities as a wife and mother with a highly accomplished, long career as a real estate agent. Working with others brought Elizabeth great joy, and her business savvy, market instincts, and social skills made her a formidable ally for any client fortunate enough to engage her. While every deal was important, Elizabeth derived her greatest professional satisfaction when assisting family members with a real estate endeavour.
Elizabeth was a true lady, elegant, refined and exquisitely attired. She was also composed and confident, calmly advocating for herself from early in her career, when professional women often faced bias and injustice, and throughout the years that followed. She had many artistic interests, enjoying ballet, opera, and theatre. She adored bridge and was a skilled player. An avid reader, she could often be found relaxing with a new book in her garden.
As her family grew, Elizabeth generously extended her attention and regard to each newcomer. Her light shone on everyone, and her interest in 'her family members' daily lives never wavered. She delighted in her grandchildren's major milestones and lent a sympathetic and supportive ear during any tribulations. Her depth of experience, intelligence, and an evolving contemporary perspective created a wisdom that was widely sought and highly valued by young and old.
From her earliest days in Toronto, Elizabeth was intentional about establishing local roots. She valued traditions that brought people together, and her home was always warm and welcoming. She presided over family dinners, holiday gatherings, backyard parties, and neighbourhood mixers with thoughtfulness and care, recognizing that meaningful communication and connection were the drivers of unity, kinship and community.
Elizabeth and Jim were proud Canadians to their core, but they never lost their curiosity and appreciation for the wonders of different languages, cultures and histories. They lived abroad in Brussels during the latter stages of Jim's career and then travelled extensively in Europe, Africa, Asia and South America in their 70s and 80s. They modelled an admirable sense of adventure that remains instilled in their daughters and grandchildren.
After Jim's passing in 2023, Elizabeth settled in at The Dunfield, once again demonstrating a pragmatic and courageous approach to change and new circumstances that was a personal hallmark. She enthusiastically participated in events and activities at her new home, rekindling friendships and making many new ones.
Elizabeth will be remembered as a determined and remarkably self-sufficient woman, a loyal and interesting friend, and a kind, engaging and proud matriarch. She always made others feel appreciated and understood, and she will be deeply missed by all who knew her.
Elizabeth received attentive and thoughtful medical and home care, and the family is grateful to her longtime family physicians, Dr. Martin Schwartz and Dr. Jacqueline Schwartz; the staff at Home Instead; The Dunfield; and the doctors and nurses from Temmy Latner Centre for Palliative Care.
A visitation for family and friends will be held on Tuesday, October 13th, from 4:00 - 7:00 p.m. at The Dunfield Retirement Residence, 77 Dunfield Avenue, Toronto. In lieu of flowers, the family would be grateful for any donations in Elizabeth's memory to The Temmy Latner Centre for Palliative Care.
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WILLIAM ROBERT "BOB" MCMULLEN
October 13, 1946
October 4, 2026
Robert "Bob" McMullen passed away at St. Michael's Hospital, in Toronto, from complications of lymphoma and brain lesions, just days before his 80th birthday.
Bob was a man of many talents and a few contradictions: handsome, charismatic and always fun, yet deeply private. "Never-Miss" McMullen was a natural, multi-sport athlete who played with NHL Hall of Famers and led his university team in scoring as a defenseman. He had all the skills, just never the aggression.
Beyond sports, Bob was drawn to business. After a short but promising corporate career, he joined his father and brothers in the family business. Bob was the guiding force behind Summerhill Market, an award-winning Toronto grocery institution in business since 1954. Humble and understated, he never relented on his non-negotiables: exceptional service, innovative products and respect for everyone.
Bob is survived by his spouse, Joan; his children, Greg (Joanne), Christy (Geoffrey) and Brad (Candra); his stepsons, Michael and Andrew (Kasie); and his grandchildren, Bridget, Burke and Caleigh. He is also survived by his brother, Wayne (Sandy); sister, Glenda; and brother, Don; along with nieces, Jen (Patrick), Karen and Corry; and nephew, Cam. He was predeceased by his parents, Frank and June; and his brother, Barry.
Family and friends will fondly remember time at the cottage and on the golf course, and a vibrant gentleman who was always in motion. Mostly, we will miss Bob being "Baub."
The family is deeply grateful to the excellent staff at Southlake Hospital, St. Michael's Hospital and Huntsville District Memorial Hospital. Their care teams did their absolute best under challenging circumstances.
A private funeral service will be held for the immediate family. A Celebration of Life will take place on October 13, 2026, at Thornhill Country Club, located at 7994 Yonge St., in Thornhill, Ontario. An afternoon session is scheduled for 1:00 - 3:00 p.m., and an early evening session for 4:00 - 7:00 p.m. All who knew Bob are welcome to join the family in celebrating a life well lived.
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ELIZABETH TORY
Elizabeth Emma Tory (nee Bacon) passed away peacefully at home in Toronto, with her family at her side on Saturday October 3, 2026, at the age of 94. Liz was strong until the end – as anyone who knew her would expect. She was the beloved daughter of the late Howard and Helen Bacon and was predeceased by her sisters Anna and Rena-Mae and brother Ted.
Liz Tory came from modest beginnings to lead an extraordinary life of family and community contribution. Together with her husband John, her beloved partner of 58 years until his passing in 2011, she created and nurtured a family to whom they were deeply devoted and immensely proud.
Although Liz likely could have done anything (she sometimes said so and she was right!), she chose to dedicate herself to raising four loving, accomplished children – John, Jennifer, Jeffrey (Anik) and Michael. They, together with their spouses, produced many grandchildren - John (Melanie), Christopher (Sadie), Susan and George (Allie); Elizabeth Clare (David) and Alexandra Meschino (Conor); Jessica (Mike), Nicholas (Sydney), Annabel (John), Olivia (Mike) and Robin, Lily-Maude and Beatrice Nadeau; and Max, Adam, Felix (Dani) and Griffin.
And to her great joy, Liz had 15 great-grandchildren – with more on the way. Liz took great pleasure in all the children and, true to form, she would try to fill in any parenting gaps. They knew a visit with Nana was a loving challenge! She was every bit the matriarch of her large and dynamic family. Dad provided bedrock values and overflowing love; Mom was there for all of us, keeping us on our toes. She looked after our father with deep love and support and focused on the practicalities – which made life easier for all of us. Who we each became as adults celebrated the extraordinary influence of both our parents.
Beyond family, Liz made an incredible contribution as a community volunteer. She was widely recognized as one of the leading volunteers and charitable fundraisers of her generation. Organizations which she helped for decades include Sunnybrook Hospital, the Art Gallery of Ontario, the Toronto Symphony Orchestra, and the Junior League – just to name a few. She was fearless when it came to seeking contributions from others and she and Dad were very generous themselves. Her roots and her life experiences made her deeply mindful of both the satisfaction and the responsibility of giving back. She was at the top of the list when it came to serving in positions of volunteer community leadership – which she did well into her eighties.
Anyone who knew Liz Tory also knew how direct she was in her opinions. Mom had a huge heart and beyond her visible community work, she was as loyal a friend as you could ever find. She carried out countless small acts of kindness whenever she saw the need.
Mom was also a very accomplished golfer. She had six holes-in-one, and was a putter without peer, as Rosedale and Lost Tree golfers would know. She bravely took up skiing at age 40, so that we could enjoy that sport as a family. She loved her social life and made sure Dad embraced one, in Toronto and at their beloved Lost Tree Village, in Florida.
No one who ever met Liz Tory could forget her. Yes, in part that's because after spending a little time with her they felt perhaps it was time to buy some more elegant clothes or get a new haircut or do something meaningful. But it's mainly because of her personality. She was smart, she was funny and caring, and if she identified a problem, she would always help to solve it. Hers was a life well-lived and she was a role model for so many.
We would like to especially thank Mom's principal caregivers over the past 25 years: Joy and Cora, and her many friends who were so good to Mom. And also, very importantly our thanks to Dr. Jocelyn Charles, and Althea, Gemma, and Rosalie who all made such a difference to her care and the quality of her final months.
The family will welcome friends at the Humphrey Funeral Home-A.W. Miles Chapel, 1403 Bayview Avenue, Toronto, from 5:00 pm to 8:00 p.m. on Thursday, October 8, 2026. Funeral service will be held at Rosedale United Church on Friday, October 9th at 10:30 a.m. Private interment will be beside our father at Mt. Pleasant Cemetery.
If desired, in lieu of flowers, donations made to Sunnybrook Hospital Foundation, the AGO, the Toronto Symphony Orchestra or the Lost Tree Foundation would be appreciated. Condolences may be forwarded to www.humphreymiles.com.
Humphrey Funeral Home
AWMiles-Newbigging Chapel
416-487-4523

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Peacefully, on Wednesday, September 30, 2026, at the Ross Memorial Hospital, in her 96th year. Predeceased by parents, Francis and Monica Gannon (nee Etherington); and her sister, Mary. Ruth is survived by and will be missed by her many extended family and friends.
Ruth always had a smile and a kind word for everyone. Following in the steps of her mother, Ruth became an operating room nurse at St. Michael's Hospital, in Toronto. Continually expanding her experience, Ruth graduated with a Master of Science degree from University of Toronto and from Purdue University. Ruth worked as an Assistant Professor at the University of Toronto, Faculty of Medicine. Ruth then became Assistant Director of Speech Pathology at the Bob Rumball Centre.
Ruth was not one to retire. As a volunteer, Ruth conducted exhibition tours at the AGO (Art Gallery of Ontario). She thoroughly enjoyed attending theatre performances and concerts, as well as travelling around the world. She enjoyed going out with friends and visiting with family. Funeral Mass will be held from St. Mary's Catholic Church, 40 Russell Street East, in Lindsay, Ontario, on Thursday, October 8, 2026, at 1 o'clock.
Interment, St. Mary's Cemetery, St. Mary's, Ontario, on Tuesday, October 13, 2026, at 1 o'clock.
At Ruth's request, donations may be made in her memory to the Society of St. Vincent de Paul or the Facility of Pharmacy, 144 College Street, Toronto, Ontario M5S 3M2.

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GORDON F. CHEESBROUGH
October 8, 1952
June 23, 2010
A wonderful man who lived a life that was full and rich and left us much too soon.
Adored by his wife, his family and friends, and respected by all who had the privilege of knowing him.
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EVA MARIE SAINT
ACTOR, 102
She won an Academy Award for her Hollywood debut playing the love interest of Marlon Brando's tormented Terry Malloy

Eva Marie Saint arrives at the 2018 Oscars in Los Angeles. Ms. Saint declined many top-level productions, but instead of being put off by her selectivity, studios continued offering her starring roles. JORDAN STRAUSS/AP
BOB THOMAS
JAKE COYLE LOS ANGELES
Eva Marie Saint, the pale, willowy actor who won an Academy Award for her first movie, On the Waterfront, and starred opposite Cary Grant in the Alfred Hitchcock thriller North by Northwest, has died. She was 102.
Ms. Saint, whose acting work lasted well into her 90s, died at her home in Los Angeles on Tuesday, confirmed family representative Jeff Sanderson.
Ms. Saint had one of the most spectacular debuts in Hollywood history, as the love interest of Marlon Brando's tormented Terry Malloy in On the Waterfront, and her first trip to the Academy Awards was memorable too. Pregnant with her first child, Ms. Saint accepted her Oscar from Frank Sinatra and smilingly murmured a unique winner's speech: "I think I may have the baby right here." (Her son, Darrell, was born two days later.)
The award for the 1954 classic made her an instant star, but she soon astonished Hollywood with a firm independence that would mark her career. She refused offers of studio contracts and declined chances to follow up on her great success, explaining that she was taking time off to become acquainted with her new son. (A daughter, Laurette, was born in 1958.)
In her first decade in Hollywood, Ms. Saint appeared in a mere seven films. She declined such top-level productions as The Man in the Gray Flannel Suit with Gregory Peck, Summer and Smoke with Laurence Harvey and The Rainmaker with Burt Lancaster. She credited her husband, TV and stage director Jeffrey Hayden, with persuading her to star in Mr. Hitchcock's North by Northwest, the classic 1959 thriller in which Ms. Saint plays a spy who seduces Mr. Grant, but ends up falling for him.
“I vividly remember him saying, ‘Honey, I think you should find a quiet spot. I’ll take care of the children and I want you to really think about this and reread this script,’” she told Vanity Fair in 2014. “He was so right. And that’s what husbands are for.”
Instead of being put off by her selectivity, studios continued offering her starring roles in such films as Exodus (with Paul Newman), Raintree County (Elizabeth Taylor, Montgomery Clift) and All Fall Down, with Warren Beatty.
She turned more to television in the 1970s and enjoyed renewed popularity in the 1980s as the mother of Cybill Shepherd in the hit sitcom Moonlighting and as Tom Hanks's mother in the film comedy Nothing in Common. She won an Emmy for the 1990 miniseries People Like Us, and had roles in such 21st-century movies as Because of Winn-Dixie, Superman Returns and Winter's Tale, adapted from Mark Helprin's novel of the same name. In 2021, she played Marisa Tomei's aunt in the brief audio play The Bus Ride, part of The Pack Podcast.
Ms. Saint was married to Mr. Hayden for 65 years, until his death in 2016.
When Ms. Saint emerged in the public consciousness, many believed her theatrical-sounding name must have been invented. She was born with it on July 4, 1924, in Newark, N.J. The family moved to Delmar, a small town near Albany, N.Y., where her father was a Goodrich Rubber Co. manager. Eva's goal was to become a third-grade teacher like her mother, but at Bowling Green State University in Ohio she tried out for a play and won the leading role.
After graduation, she lived with her parents and began hunting for acting jobs in Manhattan. After a fruitless year, she landed a two-line role as a telephone operator on a radio drama and soon was working steadily on soap operas and nighttime dramas, appearing for two years as Claudia on One Man's Family. Network television was booming in the early 1950s, and her looks and dramatic sense made her a favourite with casting people and producers.
A critical turn in Ms. Saint's career came when she auditioned before Elia Kazan and was accepted into the Actors Studio, which shaped a generation of method-actor stars. She credited acting coach Lee Strasberg with helping her overcome her shyness.
“Lee Strasberg, when he got to know me a little bit, gave me a scene to do where I had to cry in front of my peers,” she told The Santa Barbara Independent in 2009. “I worried about it, I worked on it, I tried to use what I was learning at the studio. I finally did the scene, and I cried, and my peers were crying with me. It was just an incredible moment for me.”
Ms. Saint was rejected for the single female role in the play Mister Roberts, but was hired to understudy the actor chosen, Jocelyn Brando, Marlon's sister. In six frustrating months Ms. Saint never got to substitute for Ms. Brando. She finally made it to Broadway in A Trip to Bountiful, which she had played on television.
Mr. Kazan invited her to try out for the female lead in On the Waterfront by improvising a scene with Mr. Brando. She was told to try to stop a young man from entering her apartment.
She told the Los Angeles Times in 2001: “All I know is that Marlon got in the door and turned on the music. We started dancing. He flicked my skirt. Mr. Kazan saw the sparks fly, and that’s how I got the part.”
ASSOCIATED PRESS
BILJANA PLAVSIC
POLITICIAN, 96
BELGRADE, SERBIA
Former Bosnian Serb leader Biljana Plavsic, who pleaded guilty at a United Nations tribunal to persecution as a crime against humanity for her role in atrocities during the 1992-95 Bosnian war, died on Thursday in Serbia's capital Belgrade, according to Bosnian Serb public media. She was 96.
Ms. Plavsic was one of the key Bosnian Serb high officials who implemented a peace agreement signed in Dayton, Ohio, while she was serving as a president of the Bosnian Serb political entity, Republika Srpska, just after the war ended. During the war, she served on the Bosnian Serb leadership council. Considered by Western officials as much more liberal than other Bosnian Serb leaders, she became a vocal opponent of wartime Bosnian Serb president Radovan Karadzic.
Nonetheless, she was indicted in 2000 by The Hague-based UN tribunal for the former Yugoslavia on charges of genocide, war crimes and crimes against humanity for her alleged role in the wartime campaign to carve out a separate Serb entity in Bosnia. She voluntarily surrendered to face justice in 2001, and later pleaded guilty to the crime against humanity of persecution during the war. Other charges were withdrawn.
“Mrs. Plavsic disregarded reports of widespread ethnic cleansing and publicly rationalized and justified it,” the UN court said after she was sentenced. “She was aware that the key leaders of the Serbian Republic of Bosnia and Herzegovina ignored these crimes despite the power to prevent and punish them.”
She was sentenced to 11 years imprisonment and was released in 2009 after serving two-thirds of her sentence.
The UN court said that Ms. Plavsic's guilty plea and her acknowledgment of responsibility “should promote reconciliation in Bosnia and Herzegovina and the region as a whole.”

Biljana Plavsic. FRED ERNST/AP
Former U.S. Secretary of State Madeleine Albright told a sentencing hearing that Ms. Plavsic actively supported the Dayton peace agreement. She “stood up for that at times when it was very difficult, when there were those who wanted to destroy the Dayton Accords,” Ms. Albright said, according to a court statement.
Republika Srpska's public broadcaster RTRS reported on Thursday that the Bosnian Serb leader Milorad Dodik had expressed his condolences at the news of Ms. Plavsic's death, saying that she was his close associate and deserved full state honours.
“Unfortunately, she was unjustly held accountable before the Hague tribunal,” said Mr. Dodik, whom a Bosnian court barred from public office last year for his efforts to separate Republika Srpska from Bosnia. “But that was part of a trend in which anyone who held a position in Republika Srpska was held accountable, even if they had personally committed no crime.”
ASSOCIATED PRESS
MUSICIAN, 70
MARIA SHERMAN
Grammy-nominated R&B singer Freddie Jackson, known for his smooth eighties hits Rock Me Tonight (For Old Times Sake) and You Are My Lady, has died. He was 70.
A statement shared by his family on his official Instagram account confirmed Mr. Jackson died Monday, three days after his 70th birthday. No cause of death was provided.
“Freddie was more than a legendary voice. He was a kind, generous soul who loved his fans, his family, his friends, and his music with everything he had. For decades, he gave us the songs that became the soundtrack to our love stories, our celebrations, and our most treasured memories. That gift will live on forever,” the statement read.
“To everyone who ever sang along, danced, or felt something when Freddie took the stage: thank you. You were family to him, and he carried your love with him always,” it continued.
Details regarding arrangements will be announced in the coming days.
Mr. Jackson was born and raised in Harlem, where he learned all about soul music and sang gospel at White Rock Baptist Church. He started his career in the New York club scene, eventually making his way out West with the band Mystic Merlin in the late seventies. He soon returned to New York and released his debut album, Rock Me Tonight, in 1985. His distinctive voice proved to be his superpower: The album, which was quickly certified platinum by the Recording Industry Association of America, also led to his two career Grammy nominations. Those were for best new artist and best male R&B vocal performance for the single You Are My Lady.
Rock Me Tonight also created a new R&B superstar: Mr. Jackson became a mainstay of those Billboard charts and a fixture of contemporary urban radio play throughout the eighties and early nineties.
His sophomore album, 1987's Just

Freddie Jackson. GREG ALLEN/AP
Like the First Time, was also certified platinum.
In 2024, Mr. Jackson revealed he had been diagnosed with kidney disease in a video shared to his social-media accounts.
“This journey has had its challenges but I’ve decided to face it with openness and resilience,” he said in the clip. “It’s important to me that I share this with you, not just as a part of my personal story, but as a way to make a positive difference.”
At the time, Mr. Jackson also revealed he had partnered with the National Kidney Foundation to raise awareness of the disease. According to the Centers for Disease Control and Prevention, more than one in seven American adults has chronic kidney disease. As many as nine in ten don't know they have it.
Chronic kidney disease is a condition where the kidneys are damaged and struggle to filter blood. As a result, excess waste and fluids remain and can lead to other health issues, such as heart disease.
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📰 报刊故事还原:周三,在以色列南部雷伊姆基布兹(Kibbutz Reim)附近的Nova音乐节现场,罗恩·扎法蒂(Ron Zarfati)的妹妹拉兹·扎法蒂(Raz Zarfati)参加了一场纪念该事件三周年的追思活动。罗恩在2023年10月7, 2023
📰 报刊故事还原:
📰 报刊故事还原:TIFF 首席编程官 Anita Lee(左起)、 市场负责人 Charles Tremblay、 首席执行官 Cameron Bailey、文化部长 Marc Miller、加拿大电影发展局(Telefilm Canada)董事兼首席执行
道奇队(LA Dodgers)是洛杉矶的城市体育图腾。美国职棒大联盟(MLB)自 1970 年代以来,从未有任何一支国家联盟(National League)球队能够连续三年夺得总冠军(世界大赛冠军),道奇队重金引援正是为了冲击这一尘封半个世纪的历史纪录。
周三,在以色列南部雷伊姆基布兹(Kibbutz Reim)附近的Nova音乐节现场,罗恩·扎法蒂(Ron Zarfati)的妹妹拉兹·扎法蒂(Raz Zarfati)参加了一场纪念该事件三周年的追思活动。罗恩在2023年10月7, 2023
TIFF 首席编程官 Anita Lee(左起)、 市场负责人 Charles Tremblay、 首席执行官 Cameron Bailey、文化部长 Marc Miller、加拿大电影发展局(Telefilm Canada)董事兼首席执行
来自 B11 版
德州人队开始尝试成为历史上第二支在 0-4 开局后进入季后赛的球队。C.J. 斯特劳德和进攻线并非问题所在。作为联盟最顶尖的防线之一,他们的表现低于预期。泰坦队的表现有所提升,但他们需要学习如何赢球。休斯顿在两队交锋记录中已三连胜,包括上赛
音乐家,70岁