The Globe and Mail - 05.08.2026

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2026-08-05 Boosty PDF 中文极简摘要

The Globe and Mail - 05.08.2026.pdf

  • Boosty 帖子:Newspapers - 05.08.2026
  • 经济 / 贸易政策 / 贸易官员重启提案以缓解关税压力:加拿大贸易官员重启限制钢铁、铝材对美出口的提案,旨在换取美国将50%关税降低。部长多米尼克·勒布朗与首席谈判代表贾妮丝·沙雷特赴美磋商,但会面细节未公开。此举意在打破贸易谈判僵局,推动《美墨加协定》实施。
  • 医疗健康 / 疫苗研发 / 加拿大授权莫德纳开展埃博拉疫苗临床试验:加拿大卫生部7月30日授权莫德纳针对本迪布焦埃博拉病毒的mRNA疫苗临床试验,首位志愿者已接种。试验招募80名健康成年人,评估安全性及抗体反应。此疫苗若成功,将填补无针对性疫苗的空白。
  • 国际 / 人权与难民 / 加拿大外交干预助中国难民安全离境:加拿大外交官介入阻止张女士被遣返中国,联合国难民署及泰国议员施压下,张女士获准离泰。加方强调难民保护立场,泰国因未签署《难民公约》屡遭批评。此案凸显泰国在难民权益保护上的不足。
  • 国际 / 网络安全与舆论 / 中国官媒网络运动试图抹黑批评者:加拿大学者玛格丽特·麦奎格-约翰斯顿在国会作证后,中国官媒发起网络运动,试图削弱其信誉。部分中国民众私下支持其观点,并提供强迫劳动证据。此事件反映中国政府对外国批评的打压策略。
  • 生活 / 旅游体验 / 比萨斜塔游览体验与预期落差:游客因酷热和拥挤环境,在比萨斜塔游览时面临健康风险。尽管提前规划,但极端天气和人群超出预期,导致体验不佳。此现象揭示旅游热门景点管理的挑战。
  • 金融 / 市场动态 / SpaceX股价下跌与财政部货币操作:SpaceX股价自IPO以来下跌8%,财政部长贝森特动用50亿至100亿美元购买日元,以稳定汇率。此举展示政府应对市场波动的干预手段,但规模未公开。
  • 科技 / 企业动态 / AMD季度收入超预期,AI芯片需求强劲:AMD预计季度收入超华尔街预期,得益于AI芯片在数据中心的需求增长。SpaceX投入183.7亿美元扩展星舰和星链,但股价仍面临抛售压力。
  • 金融 / 投资策略 / 高股息股票面临债券竞争与内部人士信号:债券收益率上升加剧股息股竞争,分析师建议关注内部人士买入行为。TELUS等高股息股票近期受内部人士青睐,但股息可持续性仍存风险。
  • 金融 / 市场指数 / 多伦多证券交易所指数全面上涨:多伦多证券交易所综合指数上涨1.63%,能源板块逆势下跌2.85%。小盘股和创业板指数涨幅显著,反映市场对高增长股票的偏好。
  • 金融 / 个股动态 / 多伦多证券交易所个股表现分化:K92 Mining涨幅7.86%,Keyera下跌1.96%。加拿大鹅股价下跌1.12%,反映消费品板块波动。个股表现与行业趋势及公司基本面相关。
  • 体育 / 网球赛事 / 亚历克斯·伊拉首次亮相多伦多网球公开赛:菲律宾选手亚历克斯·伊拉首夺WTA冠军,多伦多国家银行公开赛门票售罄。菲律宾社区热情高涨,主办方特别推出菲律宾菜肴以示支持。
  • 体育 / 社区文化 / 菲律宾社区热情助力伊拉多伦多首秀:多伦多菲律宾侨民积极响应伊拉参赛,社交媒体粉丝激增至160万。主办方联合社区团体推广赛事,中心球场座位售罄。此现象凸显体育对侨民文化认同的影响。
  • 社会 / 讣告 / 塞尔温·克里斯托弗·威尔逊讣告:塞尔温·克里斯托弗·威尔逊于2026年6月30日逝世,享年88岁。他终生热爱高尔夫,是渥太华皇家高尔夫俱乐部资深会员。其遗产包括对家庭的忠诚和社区的奉献。

The Globe and Mail - 05.08.2026.pdf

加拿大重提金属配额方案

力求缓解关税压力

贸易官员重启提案,拟限制钢铁、铝材对美出口,以换取美国降低关税

阿德里安·莫罗 华盛顿 马克·伦德尔 多伦多

随着唐纳德·特朗普总统下一轮关税期限临近,贸易谈判代表正重新考虑一项提案,拟对加拿大钢铁和铝材对美出口实施配额制,以换取美国降低对这些金属的关税。

负责政府间事务的部长多米尼克·勒布朗和加拿大首席谈判代表贾妮丝·沙雷特于周二再次飞抵华盛顿,这是两周内的第二次访问,因陷入僵局的贸易谈判面临突破压力。据一位加拿大官员向《环球邮报》透露,本周行程包括与支持美墨加协定(USMCA)的美国行业团体会面,并与参议员举行会谈。

目前尚不清楚勒布朗是否会与美国贸易代表詹米森·格里尔、商务部长威尔伯·罗斯或特朗普政府的其他成员会面。

据四名行业人士和两名政府消息人士透露,谈判的关键在于一项计划:加拿大对美金属出口将受到限制,以换取特朗普将50%关税降低,该方案与去年秋季提出的提案类似。

比特币钱包遭数百万美元盗窃

引发资产安全新担忧

安德鲁·加尔布雷思

一家总部位于多伦多的公司生产的比特币钱包存在重大漏洞,黑客在过去1周内利用该漏洞窃取了价值超过1.4亿美元的比特币,此事再次引发外界对加密货币投资安全性的审视。

比特币爱好者表示,这起利用Coinkite公司硬件钱包编码错误发起的攻击,已动摇加密货币社区,并引发关于存储数字资产最佳方式的争论——

A8

[中美洲]

顺势而为

周二,孩子们在危地马拉圣胡安阿洛特南戈玩耍,远处富埃戈火山正在喷发火山灰。由于火山于周一凌晨开始喷发,周边村庄已下令预防性疏散。CRISTINA CHIQUIN / REUTERS

持有者存储其资产。 “目前正在进行大量反思和重新评估。这个漏洞实在是糟糕得令人震惊,”温哥华网络安全分析师兼云计算顾问埃里克·切内尔斯(Eric Chennells)表示。 Coinkite公司周二未回应《环球邮报》的提问。 许多将比特币视为摆脱传统金融体系约束的用户一直认为,自行托管——即将比特币存储在自己的钱包中,而非交易所或其他中心化平台——是最安全的存储方式。这一信念因一些知名案例而得到强化,例如2019年加拿大加密货币交易所QuadrigaCX的倒闭,安大略证券委员会称该事件导致用户损失至少1.69亿美元。 金融监管机构已对加密资产托管风险发出警示。在2月的一份通知中,加拿大投资监管组织指出,“加密行业的历史性失败,包括因黑客攻击、欺诈、治理不善和破产造成的损失,已证明托管安排是投资者脆弱性的关键点。”

体育 迅速崛起的网球新星伊拉(Eala)多伦多首秀 令城市菲律宾社区沸腾

B11

B1

EMILEE CHINN / GETTY IMAGES

探索我们的全国信息自由请求数据库 SecretCanada.com

《环球邮报》未透露消息来源的身份,因其未被授权披露这些绝密谈判的细节。 美国还列出了约二十多项其他要求,包括更多进入加拿大受保护的乳制品市场、终止省政府因特朗普关税而采取的报复性措施(即禁止美国酒类),以及废除《在线流媒体法》。 加拿大已做出一系列先发制人的让步——如取消拟议的数字服务税,并取消对流媒体公司征收的加拿大内容税——但贸易谈判仍陷入僵局。

贸易,A7

商业报道 Telesat获得重大军事卫星合同 股价飙升近50%

史密斯坚称

成瘾治疗中心项目 在法律纠纷中持续推进

CARRIE TAIT CALGARY TOM CARDOSO TORONTO

艾伯塔省省长丹妮尔·史密斯表示,她预计在原住民社区建设的三个成瘾康复中心将于今年完工,无需额外注资,尽管存在大量留置权和诉讼,指控数百万美元的未付账单和资金误用。 政府为这三个设施拨款1.04亿美元,这些设施是联合保守党应对该省致命阿片类药物危机战略的关键,该战略更倾向于治疗项目而非减害措施。史密斯在7月底表示,艾伯塔省已承担了这些设施的费用,但由各原住民社区自行选择承包商负责各自项目。 这三个设施原定于2025年底前完工,但据政府今年春季公布的进展报告显示,它们均错过了艾伯塔省心理健康和成瘾部门批准的两次延期。 史密斯表示,她不认为需要介入以确保这些康复设施顺利完工。 “我们没有听到需要更多资金的声音,”她上周告诉记者。

艾伯塔,A6

中国活动人士抵达加拿大

泰国据报曾阻止其登机

詹姆斯·格里菲斯 亚洲记者

一名在中国遭拘留的活动人士已抵达加拿大,此前泰国警方据报曾在7月阻止她登上飞往温哥华的航班。支持者表示,活动人士张新燕(音)是去年当选多伦多流亡“香港议会”15名成员之一——该组织自称代表流亡海外的香港人——此举促使中国当局以颠覆罪悬赏$36,000缉拿她。

作为法轮功修炼者(该宗教运动在中国被禁止并遭严厉镇压),张女士自2014,年起居住在泰国,并获得联合国难民保护身份。今年5月,这名55岁的活动人士在曼谷因涉嫌签证逾期被拘留,引发外界担忧她可能被遣返香港或中国大陆。

多伦多活动人士盛雪(音)曾呼吁关注此案,她表示张女士已获准前往加拿大定居,原定于7月8,日飞往温哥华,但泰国警方在最后一刻阻止她登机并将其拘留。不过,盛雪在周一的一封电子邮件中表示,该航班最终于周一成行,并附上了张女士与支持者在温哥华国际机场的合影。

活动人士,A7


邓普西·鲍勃,《北方之鹰变形面具》,2011* *黄杉木与丙烯颜料,58.42 × 40.64 × 15.24厘米,奥代恩艺术博物馆藏品 迈克尔·奥代恩与吉子·卡拉萨瓦赠送。摄影:永井健司

位于不列颠哥伦比亚省惠斯勒的奥代恩艺术博物馆由迈克尔·奥代恩与吉子·卡拉萨瓦通过慈善捐赠创立。作为加拿大较新的博物馆之一,该馆于2016.向公众开放。博物馆的永久藏品收录了逾300件不列颠哥伦比亚省艺术作品,全年特展则展出具有全国及国际影响力的艺术家作品。audainartmuseum.com

邓普西·鲍勃被视为西北海岸原住民艺术中木雕传统的重要代表人物——既是实践者,也是教育者。这件超大型黄杉木面具标志着塔尔坦 / 2林吉特族大师级雕刻家对传统形式的大胆突破。作品捕捉了人类化身为鹰的瞬间,通过人类与禽类特征的巧妙结合,以及雕塑平面的独特扭转,呈现出这一变形过程。

观点

西加拿大50年来首个新医学院无法解决医生短缺问题 A11

周二的社论关于联邦政府广告信息有误,文中称联邦政府在本财年第一季度的广告拨款为$115-million。该金额实为整个财年的拨款总额。

由于消息来源提供的信息有误,周二《环球投资者》的一篇关于Aeroplan与Chexy合作的文章称,会员每消费$4用于支付抵押贷款即可获得1个飞行常客积分。实际奖励比例为每消费$5获得1个积分。

《环球邮报》致力于维护最高的道德、法律和编辑标准。 桑德拉·E·马丁,标准编辑,standardseditor@globeandmail.com

中国山地花卉加入全球食虫植物俱乐部

玛尔塔·塞拉芬科

对大多数昆虫来说,一株开花的高山植物看起来不太可能是捕食者。但研究人员发现,一种生长在中国西南部岩石山缝中的娇嫩野花,能将猎物引诱到其粘性毛发上,消化它们的身体并吸收残留的营养物质。这是其植物类群中首个被确认的食虫植物。

它的学名是Saxifraga candelabrum,属于一个多样化的植物目——虎耳草目(Saxifragales),该目包含超过2,000个物种。

这种植物生长在营养贫瘠的岩壁上,分布于中国的青藏高原和横断山脉,范围从云南省中部和北部延伸至四川省西南部,海拔在2,5003,300米之间。它全身覆盖着粘性的红色腺毛,能捕获小型昆虫。

食虫植物通常见于沼泽和湿地,如捕蝇草、猪笼草和茅膏菜等物种通过捕获猎物来补充稀缺的营养。要被认定为真正的食虫植物,一株植物

[ 专栏作家 ]

第一人称

卡桑德拉·布莱恩 早就知道她的比萨 家庭之旅会出岔子 A14

[ 更正说明 ]

周二关于一篇讨论加拿大航空旅行业的商业评论文章的更正,本应标注为澄清。

周一关于一名维多利亚年轻发病型阿尔茨海默症女性通过医助死亡的报道中,错误地称作家罗伯特·芒施居住在不列颠哥伦比亚省;他实际居住在安大略省。

周一《环球投资者》关于一名哈利法克斯女性首次购房的文章中,包含了错误的每月房产税数额。

这张2024年于中国云南香格里拉五凤山拍摄的照片显示,植物物种Saxifraga candelabrum的粘性腺毛捕获了昆虫猎物。图片来源:黄先汉 / 路透社

必须不仅仅是偶然捕获昆虫。它必须能从被捕获的动物中吸收营养,并拥有帮助其吸引、诱捕、消化和消耗猎物的特殊适应性。

“我们对这种植物进行了多项测试,最终确认它是一种真正的食虫植物。这证明了达尔文的猜想是正确的,也展示了他科学判断的敏锐性,”中国科学院昆明植物研究所研究员、该研究的负责人之一孙航表示。相关研究发表在《自然·通讯》期刊上。

为了确定该植物是否真的以昆虫为食,研究人员使用了以富含稳定氮同位素的食物饲养的果蝇。

“氮对植物生长至关重要。大多数食虫植物生活在缺氮的栖息地,通过捕获和消化昆虫来获取氮,”孙教授说。

第3版

外国影响力登记规则明确

新任专员 在任期首日发布五份解释公告

斯蒂芬妮·莱维茨 高级记者

加拿大新任外国影响力专员在任期首日采取行动,明确了政府承诺将揭示境内国家支持干预行为的登记制度的规则。

该专员办公室周二发布了五份解释公告,涉及新制度的关键参数,为可能需要登记其活动的个人或组织提供指导。

虽然外国影响力登记制度的倡导者认为确保透明度至关重要,但也有人担忧登记要求过于宽泛,可能削弱其初衷。

截至周二,任何与外国政府或实体有协议、安排或

尼亚加拉地区两个市镇宣布洪水进入紧急状态

马修·弗兰克 劳拉·斯通

安大略省南部一座城市的市长呼吁省级和联邦政府立即提供财政和紧急援助,因该市在一周多时间内遭遇两场暴雨后宣布进入紧急状态。圣凯瑟琳斯市市长马特·西斯科(Mat Siscoe)表示,该市于周一启动紧急状态,此前两天的强降雨导致市政排水系统不堪重负,水倒灌进入建筑物和民宅。根据加拿大环境和气候变化部的数据,过去一周半时间里,位于多伦多以南尼亚加拉地区的该市遭遇了破纪录的降雨,周日录得近100毫米降水,而27,上周一则录得近50毫米。

“我认为安大略省没有一个市镇能够应对我们在10天内遭遇的降雨量,”西斯科先生告诉《环球邮报》。虽然无法提供受淹房屋的确切数字,但西斯科表示数量达数千户。他呼吁上级政府提供财政援助,并部署安大略省志愿者组织“安大略军团”提供支持。他表示,由于该市已耗尽财政储备,并动用了所有可用的市政工作人员响应居民求助,因此亟需援助。

安大略省应急准备和响应厅厅长吉尔·邓洛普(Jill Dunlop)的一名发言人表示,安大略军团正在向该地区部署,但西斯科表示尚未看到任何志愿者。他称,该市需要帮助应对一周前受淹房屋中的老年人和弱势群体,其中一些房屋已被污水淹没或开始滋生霉菌。“我们需要这方面的帮助,但一周前就需要了,”西斯科表示,“每拖延一天,受影响民众的生活就更加艰难。”

邻近的多伦多镇


蒙特利尔西岛居民要求市政加快行动应对6月洪灾

蒙特利尔 超过100名居民于周一晚聚集在蒙特利尔皮埃尔丰-罗克斯伯勒区政厅外,要求在该区自6月西岛数百户民宅被淹以来的首次议会会议上,民选官员采取更快行动。

此次集会反映了房主日益增长的不满情绪,他们表示已花费数万美元修复洪灾损失,却眼见房屋再次被淹。许多人担心保险成本上升、房产价值下降,以及是否值得再次重建。

“我现在完全神经紧张,”杰弗里·库珀(Jeffrey Cooper)表示,他的皮埃尔丰住宅在2024,8月和今年6月两度被淹。库珀在会议外接受采访时表示,其家人在2024年洪灾后花费约$50,000美元重建地下室,安装了止回阀、额外的水泵及其他防护措施,希望能

与外国当事方达成的安排,旨在影响加拿大政治或政府进程的,必须登记这些安排,否则可能面临罚款或刑事起诉。

“随着公共登记制度的建立,我们正在确保代表外国实体利益的人员以透明和负责的方式行事,并清除试图危害我国和人民的外国干预行为,”公共安全部长加里·阿南达桑加里周二在一份声明中表示。

专员安东·伯格曼周二在公告中涉及的问题包括安排的定义、影响活动的界定,以及——在一份针对法律界的重要通知中——律师与客户特权在其中的适用范围。

“根据律师与客户特权提供的建议不被视为影响活动,”其中一份公告称。“此类活动不计入

比利·哈蒙德站在安大略省圣凯瑟琳斯家中草坪上的一堆洪水损毁物品旁,周二。近期的暴雨导致其地下室被淹。FRED LUM / THE GLOBE AND MAIL

林肯镇也宣布进入紧急状态,此前该镇降雨量达到类似水平。该镇首席行政官迈克尔·柯克普洛斯估计,约15%,即1,500户居民的10,000套房屋在被他形容为“飓风级别”的降雨后受到洪水影响。

尽管大部分积水已消退,但该镇基础设施因下水道倒灌和地表洪水受损,柯克普洛斯先生表示,居民愤怒且沮丧,期待得到同情。

“社区经历了艰难的48小时,”他说。

柯克普洛斯先生表示,林肯镇已联系省紧急行动中心,并请求安大略省救援队和红十字会的支持。但他称尚未看到省级援助到位。

“除了我们自己的人手,我们没有得到其他支援,”他说。

朱莉娅·法卡是邓洛普女士的发言人,她表示省紧急行动中心正与尼亚加拉地区的市级紧急管理官员保持联系。

“为帮助受影响的居民

不到两年后,尽管在六月的暴雨期间运行了四台水泵,地下室再次被淹,最深处接近75厘米。加拿大环境部表示,在六月的暴雨中,蒙特利尔西部和南岸部分地区在数小时内降雨量达150毫米。库珀先生称,洪水过后,他从未见过市政工作人员在其街道上进行清理。

在周一的会议上,皮埃尔丰-罗克布罗市长吉姆·贝斯为辖区的应对辩护,称紧急救援人员在暴雨期间处理了超过300起求助电话,且灾害规模需要数周时间进行清理。

该辖区坚称,此次暴雨是“前所未有的强度”天气事件,超出了季节性常规和标准气候模型。

“我们从未在如此短的时间内经历过如此大的降雨量

加拿大联邦游说登记处专员杰夫·博格曼(Jeff Boegman)在一份解释公告中表示,该登记要求“不应被视为影响活动,因为它不涉及与公众成员或公职人员沟通,或向其提供利益,以试图改变他们在加拿大政治或政府进程中的立场”。

麦克米伦律师事务所(McMillan LLP)合伙人蒂莫西·卡伦(Timothy Cullen)在采访中表示,他对专员一上来就处理律师-客户特权问题感到惊喜,但希望这一解释能更进一步。他指出,解释公告不具约束力,且可随时修改。

“可以通过法规发布豁免,这在法律上将远比一份解释公告更具意义,”他说。

在登记处启动前的采访中,博格曼先生表示,登记要求的设计范围广泛,以尽量减少漏洞,但其办公室将持续观察是否需要随时间进行调整。

截至周二符合登记条件的人员有60天时间进行登记。


安大略省利科克和圣凯瑟琳斯进入紧急状态

On On Onta ta ta tario 安大略省

尼亚加拉瀑布

《环球邮报》,数据来源:OpenStreetMap

利科克

圣凯瑟琳斯

汉密尔顿

“在洪水影响期间,我们正积极部署安大略省军团合作伙伴协调发放清洁工具包,并根据要求提供空气净化器帮助地下室干燥,”她在声明中说,“我们将继续与市政合作伙伴密切监测局势,并确定需要哪些额外资源。”

贝斯先生表示:“这是一个持续的过程。”

自治市发言人玛丽-皮埃尔·克卢捷(Marie-Pier Cloutier)在给加拿大通讯社的电子邮件中表示,公共工程人员、警察和消防员已立即动员,特殊垃圾清理工作也已完成。

克卢捷女士表示,官员们仍在评估措施,以减少未来极端降雨的影响。

“适应气候相关风险是共同责任,”克卢捷女士写道,并补充说房主在保护其财产免受未来洪水影响方面也发挥着重要作用。

蒙特利尔市长索拉娅·马丁内斯·费拉达(Soraya Martinez Ferrada)在6月洪水后表示,该市将继续投资下水道和排水基础设施,同时承认降雨强度之大,即使升级后的系统也可能难以应对。

她表示,蒙特利尔必须“思考城市本身如何能成为一块海绵”。

加拿大通讯社

任何在8月4日之后达成的新安排必须在14天内登记。

在专员办公室审核后,登记信息将公开。

卡伦先生表示,他正在等待首批公开登记信息的披露。

“我非常好奇首轮公开披露中会报告什么内容,以及是否存在过度披露或不必要的披露,导致专员发布进一步澄清,”他说。

该登记处是自由党政府对有关外国势力干预加拿大选举及其他民主进程的担忧所做出的广泛回应的一部分,这些担忧在2024年霍格调查(Hogue Inquiry)中达到高潮。

新系统设计捕捉的范围远超与选举相关的影响活动。

例如,它包括记者采访外国官员时可能需要登记的情况,以及国有企业在与政府就许可证等问题接触时的登记要求——

许可证问题。然而,监控外国势力对加拿大政治的影响仍是该系统目的之一。

周二发布的一份公告讨论了对影响活动的解释,并给出了以下例子:“发布关于在即将举行的公投中以某种方式投票的好处的文章或视频。”

一场公投将于10月19日举行,询问艾伯塔省居民是否希望启动脱离加拿大的法律程序,以及其他问题。艾伯塔省新民主党领袖纳希德·南希(Naheed Nenshi)对外国干预此次公投表示担忧。他今年早些时候致信加拿大安全情报局(Canadian Security Intelligence Service)提出这一问题;该机构在周日公开的一封回信中作出了回应。

信中,情报机构表示已意识到并正在监控潜在的国家支持的公投干预风险。

艾伯塔省政府表示,也在积极监控内部和外部威胁。

正在评估灾情是否符合“安大略省居民灾后恢复援助计划”的资格条件,该计划旨在帮助居民支付私人保险无法覆盖的费用。与此同时,联邦政府表示正在等待省政府的正式请求,然后才会介入。“安大略省和受影响的市政当局正在现场主导应对工作,我们与省级官员保持密切联系,以监控不断变化的局势,”紧急管理和社区韧性部长埃莉诺·奥尔谢夫斯基(Eleanor Olszewski)的发言人索拉娅·勒穆尔(Soraya Lemur)表示。尽管圣凯瑟琳斯(St. Catharines)的大部分地区在周二已干燥,但被水浸泡的家具、撕裂的地毯和成堆的垃圾袋仍堆放在被淹房屋外的街道上。比利·哈蒙德(Billy Hammond)请了一天假,从加拿大邮政的工作中抽身,将一袋袋被毁的相册、家庭纪念品和撕碎的石膏板拖到路边。他的房子在周日因污水倒灌再次被淹,这是不到一周内的第二次。就在刚清理完第一次洪水的残局后,第二次洪水又让他的垃圾堆越来越大。“我们需要把这些垃圾清理出去,因为看到它们会让人再次陷入创伤,”他说,“就像一次又一次地重温痛苦。”

当克里斯汀·莱恩斯(Christine Lines)看到周日暴雨袭击圣凯瑟琳斯时,她立即行动起来,为被迫离家的人们准备餐食。54岁的社区厨房协调员通常在周一为无家可归者在银色尖塔联合教堂(Silver Spire United Church)的地下室烹制餐食,但本周她决定延长烹饪时间,以便能将餐食送到尼亚加拉瀑布市的一个社区中心,供洪水疏散者食用。尽管她自己的家也被淹了,但她说其他人因暴雨面临无家可归的境地。“我甚至不知道明天是否还能有房子,但我只想尽我所能帮助别人,因为现在我比他们更幸运,”莱恩斯女士说。


魁北克小镇因暴雨宣布进入紧急状态

魁北克省劳伦蒂安地区的一个市镇在暴雨过后宣布进入地方紧急状态,部分道路无法通行。

L’Ascension镇在社交媒体上表示,有十几条道路受损或被毁。该镇约900名居民分享的照片显示,出现了山体滑坡和地面塌陷。

居民被敦促仅在必要时出行,并避开受影响区域。

加拿大环境部表示,周日至周一中午,上劳伦蒂安地区降雨量达75毫米。

附近圣阿代尔(Ste-Adèle)的市长表示,如有需要,将随时为L’Ascension提供援助。

加拿大通讯社

伊朗与阿曼接近达成协议

开放霍尔木兹海峡

协议似乎取决于美国, 美方已排除将海峡控制权交予伊朗

埃琳娜·贝卡托罗斯 萨米·马格迪

伊朗与阿曼正逐步达成一项协议,以重新开放备受争议的霍尔木兹海峡,并有可能帮助结束这场战争。据美联社获悉的两名地区官员透露,正在形成的协议要求船只通过伊朗控制的航道进入波斯湾,并通过阿曼控制的航道离开。不过,任何协议似乎都取决于美国解除对伊朗港口的封锁。美国总统唐纳德·特朗普的政府此前已排除任何将海峡控制权交予伊朗的协议。此外,加沙城为冲突初期以色列空袭中丧生的100多名遇难者举行了集体葬礼。黎巴嫩也为2020年港口爆炸的遇难者举行了纪念仪式,也门胡塞武装则声称对沙特阿拉伯的一个机场发动了袭击。美国高级官员周二表达了乐观态度,暗示重新开放海峡的协议可能很快达成。国务卿马尔科·鲁比奥确认伊朗与阿曼的谈判已取得进展,“但尚未最终敲定”。财政部长斯科特·贝森特在接受CNBC采访时表示:“我们今天或明天可能达成协议,开放海峡,并朝着缓解这场冲突的更正常化局势迈进。” 霍尔木兹海峡是波斯湾入口处的关键水道,战前全球五分之一的石油和天然气通过该海峡运输。自2月战争爆发以来,伊朗对航运的袭击已使该海峡实际上处于关闭状态。卡塔尔埃米尔塔米姆·本·哈马德·阿勒萨尼表示,他周二也与特朗普通了电话,卡塔尔正试图斡旋以解决这场战争。阿勒萨尼办公室在一份声明中称,双方在通话中讨论了“以增强达成可持续外交解决危机前景的方式”弥合分歧。一艘货船在穿越霍尔木兹海峡时报告称“被不明弹体击中”,英国海上贸易行动中心表示。该中心称,报告的袭击造成

美联社

西班牙边境虚假社交媒体帖子引发移民涌入休达

阿克拉姆·乌巴希尔 摩洛哥菲尼德克

一切始于Instagram上的帖子, 暗示西班牙与摩洛哥的边境 即将开放。 随后,Facebook用户开始追踪 海岸警卫巡逻情况,TikTok上 则出现了指导游泳路线的视频。 在多次分享和评论后,数千名摩洛哥人 确信欧洲突然触手可及。 短短几小时内,年轻人开始涌向 北非西班牙属地休达的边境。 满载乘客的巴士驶入邻近的摩洛哥 城市菲尼德克。区域列车座无虚席。 出租车也同样爆满。 当局反应过来时,已有约60,000人 在短短几天内抵达休达,这是 摩洛哥与西班牙多年来最大的 移民潮。当局称,边境两侧共有 超过80名移民死亡,其中包括 溺水者和在踩踏事件中丧生的人。 几乎所有幸存的移民不久后 被遣返,但上周事件的影响 仍将持续。 在距休达约150公里的摩洛哥 北部城市拉腊什,3名朋友 观看了一个名为“Haraga Ceuta”的 Instagram账号发布的视频,声称 边境将开放。“Haraga”在摩洛哥 方言中指销毁身份证件、试图 非法进入欧洲的年轻移民。 这则帖子说服了阿纳斯·阿姆拉尼、 亚希亚·哈拉克和伊斯梅尔·阿提克 冒险一试。 对于希望抵达西班牙领土的 移民而言,最常见的路线始于 菲尼德克,许多人尝试绕过 边境防波堤,游泳约五公里。 其他人则从附近的贝柳奈什 村出发。 一则TikTok视频详细标注了 游泳者应遵循的路线。 在Facebook群组中,如

该船只于当地时间凌晨2点左右在距阿曼港口城市哈萨卜东北约37公里处遭袭。目前尚不清楚该船悬挂何国国旗或是否载有货物,但英国海事安全公司Ambrey表示该船受损。与此同时,在红海,一艘悬挂印度国旗的商船在也门附近海域被一艘装载爆炸物的小船撞击后沉没,也门和印度当局表示。也门海岸警卫队救起了包括13名印度人和1名也门人在内的船员。印度外交部谴责了此次袭击,但尚无组织立即宣称负责。伊朗支持的胡塞武装曾多次袭击在也门附近红海海域航行的船只。周二,数百人聚集在加沙城,巴勒斯坦旗帜包裹的遗体被整齐排列在被夷为平地的建筑物附近。112名遇难者随后被抬上担架,穿过一条狭窄的街道,送往附近的墓地安葬。他们是2023年11月22日加沙城萨布拉社区遭袭事件中遇难的逾300人中的一部分。根据加沙哈马斯政府内政部下属的民防救援机构,救援人员在周末找回了这些遗体,其中包括40名儿童和30名妇女。加沙战争始于2023年10月7日,当时哈马斯领导的武装分子袭击了以色列南部,造成约1,200人死亡,并劫持了251人为人质。根据加沙卫生部的数据,以色列在加沙的军事行动已造成73,375人死亡,其中包括平民和战斗人员。加沙卫生部记录部门负责人扎希尔·瓦希迪表示,目前仍有约7,400人失踪,被认为埋在战争废墟之下。以色列和黎巴嫩官员周二在罗马继续

黎巴嫩和以色列官员周二在罗马继续就落实美国斡旋的协议进行谈判,该协议旨在从黎巴嫩南部撤出以色列军队并解除伊朗支持的真主党武装组织的武装。一位熟悉谈判的外交官表示,黎巴嫩要求下一个“试点区”——即以色列军队撤出后由黎巴嫩军队接管的区域——设在基亚姆镇或本特杰贝勒镇。这两个地区在最近的以色列与真主党战争中遭受了激烈战斗,目前均由以色列军队占领。

近期大量移民从摩洛哥涌入西班牙领土后,聚集在西班牙休达。VIOLETA SANTOS MOURA / REUTERS

在Fnideq Bab Sebta,用户在船舶追踪平台上分享截图,以识别海岸警卫巡逻力量较弱的时刻。一些人寻求使用充气船的建议,另一些人则出售潜水服。 “在网上看到边境开放的消息后,我决定前往,”来自Fnideq的17岁少年奥马尔·丹博尔(Omar Danbor)沿海岸疲惫地走回时说。 目前尚不清楚是谁散布了边境开放的消息,或是谁运营了许多社交媒体账号,其中多个账号在移民潮后不久被删除。美联社联系了多个账号,但未收到回应。 移民潮涌入休达触动了欧洲的政治神经,欧盟正在调查事件经过。欧盟移民专员周二对网络虚假信息表示担忧,但未指明具体责任方。

当移民抵达休达海岸时,一道狭窄的混凝土防波堤上爆发了大规模混乱,许多人试图攀爬登陆。据美联社采访的多名移民称,人们同时涌向湿滑的岩石,相互推挤、攀爬。数人表示看到有人被推回水中,并被其他移民压在身下,无法浮出水面。 “我在爬上岸时踩到了一具死者的脸。愿真主宽恕我,也宽恕所有被发现的遗体,”成功抵达休达后又沮丧返回的摩洛哥移民拉赫森·卡卢什(Lahcen Kalouch)说。 至少有72人在西班牙一侧的边境遇难,另有11人在摩洛哥一侧丧生。数万名移民此后已返回摩洛哥,或因被驱逐,或因休达缺乏住所、食物和水而自愿离开。

部分移民误解了西班牙近期的法律进展,包括首相佩德罗·桑切斯的移民合法化措施,以及一项限制当局

加拿大卫生部批准莫德纳针对刚果疫情相关埃博拉病毒种类的疫苗试验

妮科尔·爱尔兰

加拿大卫生部已授权莫德纳公司开展一项针对新型mRNA疫苗的临床试验,该疫苗针对的是导致刚果民主共和国有史以来最大规模疫情暴发的埃博拉病毒种类。

目前尚无针对本迪布焦埃博拉病毒的疫苗或治疗方法,该病毒已在刚果造成超过1,700人死亡。加拿大从未发现过埃博拉病例,但将成为首个参与莫德纳全球疫苗研发竞赛的国家。

试验参与者为健康成年人,不会接触病毒以测试疫苗。

莫德纳公司发言人表示,试验的首位志愿者于周一在新斯科舍省特鲁罗接种了疫苗,公司预计将在特鲁罗、哈利法克斯和多伦多招募80名参与者。

第一阶段试验将评估疫苗的安全性,确定适当剂量,监测副作用并研究抗体反应。

加拿大卫生部在周二发布的新闻稿中表示,该部门于7月30日授权了这项临床试验。英国也已启动针对本迪布焦病毒疫苗的临床试验,该疫苗由牛津大学研制。

加拿大卫生部表示,莫德纳需完成第2和第3阶段临床试验,以确定疫苗的有效性,方可申请更广泛使用。

“任何最终申请都需满足加拿大卫生部严格的安全性、有效性和质量标准,方可允许该疫苗进入加拿大市场,”该部门在新闻稿中表示。

埃博拉通过与感染病毒的患者或死者的体液发生无防护接触传播。埃博拉属于丝状病毒,可引发严重的出血热。

莫德纳全球卫生安全及研发合作部执行总监表示,选择加拿大进行首次临床试验是“基于莫德纳在该国开展早期试验的经验、加拿大卫生部的监管监督,以及该国在丝状病毒研究领域的长期贡献”。

加拿大通讯社 (美联社报道)

西班牙政府和休达官员均表示,此次事件与“数字领域”和“虚假信息的传播”有关。官员们未提供任何证据,但称已展开调查。西班牙政府也发表了类似声明。休达官员表示,他们此前曾警告西班牙政府,近期抵达人数激增,但周四发生的大规模拥挤事件仍未能避免。西班牙内政部周一表示,未收到“任何关于休达大规模人员抵达的报告或警告”,并称赞与摩洛哥当局在遣返大多数移民方面的合作。“没有人解释这些人是如何突破边境的,”专攻移民动态的摩洛哥地理学家穆斯塔法·阿扎伊特拉维(Mustapha Azaitraoui)说,“如果在这样的情况下,一大群人能够越境,这表明存在一个尚未公开承认的更广泛的安全问——”

摩洛哥和西班牙均将休达危机归咎于人口走私者和贩运网络,称有组织犯罪团伙煽动了大规模越境。但美联社采访的被遣返摩洛哥移民大多否认这一说法。“没有人走私我过去。我是自愿前往的,但那个国家不值得我付出这么大的牺牲,”卡卢什(Kalouch)先生说。“没有黑帮。边境是开放的,我就过去了。但现在我后悔了,”丹博尔(Danbor)先生说,他的衣服在返回途中仍然湿透。西班牙内政部表示,针对走私网络的调查仍在进行,并指出西班牙和摩洛哥已联合开展行动打击贩运团伙。摩洛哥内政部未回应有关走私网络的问题。多名政界人士和专家认为,如此多的人越境不可能没有摩洛哥的默许。一名摩洛哥高级外交官似乎对此提出了反驳。

不列颠哥伦比亚省弗农市奥卡纳根印第安保留地上被布拉德利溪野火摧毁的房屋,摄于周二。 DARRYL DYCK / 加拿大通讯社

不列颠哥伦比亚省北部奥卡纳根地区动员志愿者

随着官员警告情况可能进一步恶化,紧急支援服务中心在该省野火肆虐后持续忙碌

OM SHANBHAG

当野火逼近不列颠哥伦比亚省北奥卡纳根地区的社区时,吉娜·巴赞(Gena Barzan)将她位于弗农的二手商店改造成了必需品供应点。

她和志愿者们正在向逃离火灾的人们分发生活必需品。这包括为那些面临失去家园和宠物的人提供安慰。

虽然紧急支援服务中心正忙于协助民众,但许多疏散者也需要拥抱。

“我们拥抱他们,告诉他们我们非常难过,并尽力安慰他们,帮助他们解决我们能做的一切,”巴赞女士说。“你会为这些人感到心痛,因为他们失去了一切。”

她在弗农的行动为数百名因布拉德利溪野火遭受损失的邻居提供了捐赠的洗漱用品、零食和“他们可能需要的所有宠物用品”。

奥卡纳根印第安人部落酋长丹·威尔逊周二表示,部落成员的19栋房屋和200栋非部落成员房屋在野火中被毁。这场野火于周五晚间开始,周六发布了疏散令。

他形容这一事件“超现实”,并表示破坏的规模正逐渐显现。

在时速高达115公里的大风助推下,火势迅速蔓延。

“我真正想向大家强调的是,火势蔓延得如此之快,以至于我们的一些成员只有五分钟的时间疏散,”威尔逊先生说。

他表示,当他乘坐直升机巡视位于不列颠哥伦比亚省内陆奥卡纳根湖北端的地区时,他的社区几乎面目全非。

威尔逊先生说,他能看到他们差点失去关键基础设施,包括举行仪式的凉亭、日托中心和新学校,这些设施都因飞机在该地区大量洒水而得以保全。

2025年造成19人死亡的伊顿火灾由闲置输电塔火花引发,官员称

洛杉矶 洛杉矶县消防官员周二在发布的一份报告中表示,南加州爱迪生公司闲置输电塔产生的火花引发了2025年洛杉矶地区的伊顿火灾,造成19人死亡,并摧毁了超过9,400栋住宅和商业建筑。

消防员花了近一个月才扑灭这场大火,过火面积达57平方公里。伊顿火灾与风助火势的帕利塞兹火灾同时发生。《美联社》当时的一项分析显示,这两场火灾烧毁的城市区域比几十年来任何加州火灾都多。

该机构在声明中表示,伊顿火灾是由公用事业公司闲置塔架上的电线电弧引发的,该塔架位于覆盖干燥燃料的山脊上。当裸露的无绝缘电线接触或靠近时,可能会产生电弧,即电流通过空气跳跃,进而产生——

保留地居民路易斯·弗雷德和他的妻子肖蒂说,他们周六勉强逃脱,风驱火焰紧随其后。“我一辈子都住在这里,从没见过像这个周末这样的火灾,”弗雷德先生说。“即使2021年也很糟糕。规模很大。但风力完全无法与这次相比。”不列颠哥伦比亚省野火服务局表示,截至周二,该省约有120处活跃野火,其中约50处失控。主要火灾发生在弗雷泽峡谷、汤普森-尼古拉和东库特尼地区,靠近波士顿巴、克林顿和金伯利等社区。官员警告本周情况可能会恶化。南部内陆地区将进入干旱状态,高温和干雷暴将引发新的火灾,并加剧现有野火的扑救难度。克利夫·查普曼,[...OMITTED...]

不列颠哥伦比亚省野火服务局省级行动总监周二在最新通报中表示。应急管理和气候准备厅厅长凯利·格林表示,该省目前有37个疏散令生效,影响8,000人。受布拉德利溪大火引发的疏散令周二进一步扩大,北奥卡纳根地区政府因大火阻断部分道路逃生路线,新增了40多处房产。坎卢普斯地区消防中心经理杰夫·邓恩表示,自周日带来强风的冷锋过境后,布拉德利溪大火的规模并未明显扩大。他称,他们正迅速在火场周围建立控制线,以便在未来几天天气再次变化时控制火势。这场野火还对该地区的电力线路造成了严重破坏,BC Hydro在周一的一份声明中表示,至少需要更换150根电线杆,1,700名用户仍处于停电状态。巴尔赞女士表示,她将在未来数周甚至数月内继续为受灾民众和宠物提供食物。“弗农是一座城市,但仍然是一个紧密的社区。我们认识这些人,大多数人我们都见过、交谈过。这是私人的,”巴尔赞女士说。

加拿大通讯社报道

引发火花。报告称,南加州爱迪生公司有责任以“将其电力线路和设备引发灾难性野火的风险降至最低”的方式维护和运营其设备。该公司此前曾表示其设备可能涉事。在向加州公用事业委员会提交的早期报告中,南加州爱迪生公司称,在伊顿大火开始时,其输电线路之一出现了“故障”。南加州爱迪生公司发言人凯瑟琳·邓利维表示,该公司正在审查这份报告。“我们从一开始就严肃对待我们可能在火灾起因中的角色,”邓利维女士说。邓利维女士还表示,该公司对其他机构提出了索赔,涉及应急响应和周边植被状况等问题。

美联社

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俄乌互相发动致命袭击

乌克兰周二对莫斯科周边地区发动的无人机袭击造成5人死亡,当地官员表示。与此同时,乌克兰当局称,俄罗斯对乌克兰的空袭也造成至少5名平民死亡。 自四年多前俄罗斯入侵以来,乌克兰已开发出能深入俄罗斯境内打击目标的远程无人机。在过去一年中,这些无人机已重创石油设施、大型储存仓库及其他关键基础设施。 俄罗斯对乌克兰持续不断的空袭已造成超过16,000名平民死亡,伤亡人数仍在稳步上升

阿尔伯塔:承包商提交留置权,称账单仍未支付

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“我们听说这些项目将在今年年底前按既定预算完成。” 但分包商在法庭文件及接受《环球邮报》采访时称,资金已枯竭,工程未完工,且成本自签约以来不断攀升。这些项目陷入法律纠纷,各方就数百万美元的拟拨款项争夺控制权。 “必须有人介入,”参与其中两个项目的机械承包商Renols Dehari在采访中表示。“如果不付钱,我们不会再回去。” Enoch Cree部族、Tsuut’ina部族及阿尔伯塔省梅蒂斯部族均委托Melewka Homes Ltd.建造康复中心。Melewka由Lewis Semashkewich及其子John Semashkewich所有,在法庭文件中称其与另一家公司AEHE Holding Corp.合作赢得了建筑合同。 Semashkewich父子指称,该公司被埃德蒙顿商人Sam Mraiche秘密控制。Mraiche是阿尔伯塔省医疗采购丑闻的核心人物,据称他要求“巨额资金”以维持项目款项流动。Melewka还指称Mraiche威胁要动用其影响力取消该公司的康复中心合同

比特币:多伦多投资者在七分钟内损失逾160万美元等值资产

比特币社区的许多人 一直建议直接持有 加密货币,陈内尔斯先生表 示,无论这种风险集中是否 适合个人投资者。 “问题在于社区 可能会向人们施加单一方向 的压力——意识形态上的纯 粹性,即你应该只采用自主 托管,”他说道。

尽管名为硬件 钱包,但它们并不实际存储 比特币。这种加密货币以数 字形式存在于一种分布式账 本上,即区块链,该账本的 条目由计算机网络验证和确 认。比特币钱包拥有复杂的 私钥,用于授权交易。任何 拥有这些私钥的人 都能有效控制相关 比特币。

“冷”钱包将加密 货币私钥离线存储,可以简 单到记录在一张纸上的私钥。 硬件钱包则通过将私钥 存储在专用设备上, 并要求用户输入PIN码或密码 来授权交易,从而增加一层 安全保障。

一位精通加密货币的 朋友的强烈推荐足以说服 乔恩·古德曼——一位多伦 多作家兼前私人教练——使 用Coinkite公司的Coldcard Mk3硬件钱包来存储其在约 一年半稳定投资中积累的大 额比特币。这部分比特币是 他的四大“投资支柱”之一, 与房地产、股票和个人品牌 并列,旨在“确保我的家人 得到照顾,我们能睡个安稳 觉”,他在采访中说道。

7月29日晚,仅仅七分钟 内,他的钱包被清空了超过 18枚比特币,价值超过160万 美元。总部位于纽约的Galaxy Research周一估计,已有总计 1,596枚比特币从Coldcard钱 包中被盗,价值超过1.4亿美元。

斯科特·哈奇森是 姆赖什先生的律师,此前表 示这场法律纠纷“涉及一场商 业争议,姆赖什先生在其中 未扮演任何角色,且没有任 何商业 或 财务 利益”。

作为这场纠纷的一部分, AEHE及其负责人穆罕默德· 埃尔达苏基(姆赖什先生的 姐夫)正在起诉梅莱夫卡, 指控年长的塞马什凯维奇欺 诈性地控制了AEHE的一个银 行账户。

上述指控均未经法庭 审理,所有相关方此前均否 认存在不当行为。刘易斯· 塞马什凯维奇、埃尔达苏基 先生及姆赖什先生的律师均 未回应置评请求。

与此同时,梅莱夫 卡及其分包商已对梅蒂斯国 家项目提起超过1000万美元 的留置权,希望追回该康复 中心工程的款项。分包商还 声称他们在埃诺赫和特苏特 伊纳项目上的工作款项被拖 欠,但由于这些设施位于保 留地内,无法对其提起留置 权。在这些情况下,部分分 包商正在起诉梅莱夫卡以追 讨款项。

德哈里先生的公司 Inso-Energie Inc.是梅蒂斯国 家和埃诺赫康复设施的分包 商。他表示,他的公司已完 成梅蒂斯 国家康复 中心约60%的工作,但尚未 获得任何款项。他估计账单

在线流传的视频显示,一架无人机撞入拥挤的海滩,背景中传来类似密集枪声的声音。乌克兰尚未对此次袭击发表评论。

周二上午,乌克兰对莫斯科地区(该地区环绕但不包括俄罗斯首都)发动的无人机袭击造成5人死亡,10人受伤,该地区州长安德烈·沃罗比约夫(Andrei Vorobyov)表示。

在针对俄罗斯最大在线零售商Wildberries的一系列袭击中,该公司周二表示,其位于列宁格勒地区(毗邻圣彼得堡)的仓库发生火灾。

金额约合18万美元,含利息。 他还表示,其公司约20%的恩诺克康复中心工程款项尚未支付。 德哈里先生称,这一经历动摇了他对史密斯政府的信任,他认为政府应直接与分包商沟通并确保其权益得到保障。 “政府应当清楚他们的钱花在了哪里,”他说道。

材料和人工成本现已高于Inso-Energie开始项目时的水平,这将使得省长难以兑现成本不膨胀的承诺,德哈里先生表示。 “我不知道她如何能在预算内完成项目,因为我们绝不希望回到当初的报价水平。”

Lydia Vokurka是北阿尔伯塔供暖(2013)有限公司(一家暖通空调承包商)的经理,她自1月开始就梅蒂斯国家康复中心的未付账单联系政府官员。“我发了太多邮件,”她在采访中说道。 这家分包商被拖欠近50万美元,她表示。 “政府对此事毫无帮助,”她继续说道,“他们完全置之不理,只是说,‘哦,没问题。项目会完成的。每一——”

Coinkite支持团队与古德曼先生分享的一篇博客文章指出,黑客在Coldcard钱包代码中用于生成助记词的部分发现了漏洞——助记词是一组用作钱包主密钥的单词组合。 虽然助记词本应从庞大的潜在种子池中以高度随机性生成,但2021年引入的一个编码错误使得助记词更容易被猜中。 该博客文章称,攻击者可利用易被猜中的助记词推断出钱包密钥,并找到包含比特币的钱包,而无需接触硬件钱包。

古德曼先生在社交媒体发文称,他从未与任何人分享过助记词,并将设备与互联网断开连接,Coldcard钱包则存放在保险箱中。他已向警方报案,并向安大略证券委员会提交了报告。

俄罗斯国防部周二上午报告称,其防空系统在夜间击落了320架乌克兰无人机。

在乌克兰南部敖德萨地区的切尔诺莫斯克港,俄罗斯军方称其袭击了一家汽车零部件厂和一座港口码头,乌克兰军队“正在那里维修军用车辆,并储存弹药和燃料”。

俄罗斯对尼古拉耶夫(包括其港口)的袭击造成一名89岁女性死亡,另有7人受伤,年龄在2岁至83,之间。

[ 极端天气 ]

多瑙河干旱揭示水下遗迹

第二次世界大战期间的一艘德国军舰残骸于周二在罗马尼亚与塞尔维亚之间的多瑙河上的杰尔达普二号大坝前浮现,地点位于塞尔维亚的普拉霍沃附近

DARKO VOJINOVIC / 美联社照片

“我们已经明确表示,不会再为此提供任何资金。我们已经做了我们能做的一切,现在该轮到他们了。我认为不会再有任何事情会完成。” 梅蒂斯国家于3月底终止了与Melewka的合同,当时该项目已完成约80%,根据省政府5月发布的进度报告。这家原住民组织在一份声明中拒绝说明是否已选择新承包商、重新评估了时间表或修订了预算,并指出此事已进入司法程序。 Vokurka女士表示,很难相信梅蒂斯国家的项目能在没有额外资金的情况下完成。 “这非常具有挑战性。政府让我们背了这个包袱,而这不是我们的错。” 两家在Tsuut'ina康复中心有未完工程的承包商表示,他们已数月未收到付款,但希望能返回完成工作。 A-1 HVAC Inc.总裁特里什·约翰斯顿表示,虽然她“对支持Tsuut'ina国家感到自豪”,但她的企业被拖欠超过$700,000,包括为定制专用设备产生的成本。“自2025年11月以来,我们一直未收到付款,由此造成的财务压力巨大,”她说。 “这让我们的公司陷入了非常困难的境地,”约翰斯顿女士说。“虽然我们继续支持该项目及其目的,但我们的经历会让我们在未来参与类似项目时非常谨慎,除非——”

一名男子告诉《环球邮报》:“我认为,无论是谁对此负责,都有很大可能会被抓获并逮捕。我认为几乎没有可能追回任何资金……几乎没有先例。” 在周日发布的一篇博客文章中,Coinkite公司表示一直在直接与客户合作,“共同探讨恢复方案”。该公司称已销毁了剩余的易受攻击的Coldcard钱包库存,并发布了软件补丁,以防止该漏洞影响新的种子生成。 “我们还认为,这一漏洞对每一家开发比特币硬件和软件的公司都是一个警示,而不仅仅是我们,”Coinkite在周一的另一篇文章中表示。“我们现在发布这一信息,趁细节尚新鲜,因为其他公司需要时间检查自己的代码,以防止潜在的进一步损失。”[...OMITTED...]

地区官员表示。 此外,在乌克兰北部的苏梅地区,俄罗斯的六枚滑翔炸弹造成三人死亡,其中包括两名分别为5岁和10岁的女孩和一名老年妇女,苏梅地区军事管理局局长奥列格·格里霍罗夫表示。 俄罗斯军队还在过去24小时内袭击了哈尔科夫及该地区北部的18个城镇和村庄,造成1人死亡,7人受伤,其中包括一名8岁儿童,哈尔科夫地区军事管理局局长奥列格·西涅胡博夫表示。

美联社

更强有力的支付和安全措施已经到位。”

Tsuut'ina 未就其时间表和预算问题作出回应,理由是涉及诉讼。该原住民部落正在起诉其前律师,指控其在康复中心采购过程中存在涉嫌违规行为。Tsuut'ina 在一起由《环球邮报》7月首次报道的诉讼中指称,律师特里·布劳恩(Terry Braun)与穆拉伊什先生(Mr. Mraiche)合谋,为其设施建设合同进行单一来源采购。

Tsuut'ina 在其索赔声明中称,其康复中心项目一直受到“红旗”问题困扰,包括规避采购流程、超额支付和重复开具发票。

布劳恩先生未回应置评请求。穆拉伊什先生未参与此诉讼,其律师亦未回应置评请求。上述指控均未经法庭审理。

阿尔伯塔省在其春季进展报告中称,Tsuut'ina 康复设施的建设已完成 83%

Enoch 部落发言人埃琳·斯特劳德(Erin Stroud)在一份声明中表示,其领地内的康复中心已完工,仅剩停车场铺设工作。

“该项目符合预算,无索赔、无留置权,且所有分包商款项均已结清,”她表示。斯特劳德女士未就 Enoch 的声明与未付发票指控之间的矛盾作出解释。

该公司表示,软件代码未能发现此漏洞。

切内尔斯先生(Mr. Chennells)表示,担心安全漏洞的比特币持有者可考虑分散风险。“持有一部分在 ETF、一部分在小型保险库、一部分在矿业或生态系统公司,”他说。“人们必须根据自身的风险承受能力、知识和原则做出个性化选择。”

部分投资者可能已经开始分散投资。针对《环球邮报》的提问,加密货币交易所 Kraken 发言人阿图罗·罗西(Arturo Rossi)表示,该交易平台在该事件期间“比特币存款出现了显著增长”。

古德曼先生(Mr. Goodman)表示,他打算继续持有其 TFSA 内的比特币基金,但不太可能重建其投资组合中的加密货币支柱。

“我不会再购买比特币。我也不会再使用冷存储。”

第7版

共和党推进布兰奇的提名

两名持保留意见的参议员 周一表示,他们对 撤销有争议资金的 协议感到满意

阿兰娜·德金·里彻 玛丽·克莱尔·贾洛尼克 华盛顿报道

代理 司法部长 托德· 布兰奇在周二克服了关键障碍, 在说服共和党 参议院委员会中的持保留意见者后, 其提名得以进入全院表决阶段。 参议院司法委员会 以12票对10票的党派分歧表决结果, 支持提名唐纳德·特朗普总统的前私人律师, 自4月接替帕姆·邦迪以来, 他一直积极推动共和党政府的优先事项。

此次表决是在周日晚间达成的协议之后进行的, 布兰奇与两名共和党参议员—— 得克萨斯州的约翰·科宁和北卡罗来纳州的汤姆·蒂利斯—— 达成了协议。此前,两人曾威胁要 阻止其提名确认,原因是特朗普 与美国国税局(IRS)就总统泄露的纳税申报单 诉讼达成的和解。

科宁和蒂利斯两位参议员 在司法部书面确认不会 推进一项18亿美元的基金 (用于补偿认为自己因政治原因被起诉的特朗普盟友, 该基金是和解协议的一部分)后, 转而支持布兰奇的提名。 经过数天的谈判,布兰奇于周日晚上发布命令, 确认“毫无疑问,该基金不存在”。 修正后: 经过数天的谈判,布兰奇于周日晚上发布命令, 确认“毫无疑问,该基金不存在”, 司法部书面确认不再推进18亿美元(US$1.8亿)的基金。

不过,目前尚不清楚 共和党在参议院全体会议上是否有足够票数 确认布兰奇的提名。表决可能 在本周末前进行。 如果所有民主党人都反对他, 布兰奇最多只能失去两张共和党的票, 前提是肯塔基州参议员米奇·麦康奈尔 (因跌倒住院)在此之前无法返回。

贸易:更高关税挤压金属出口

自A1版

自A1版

渥太华拒绝与华盛顿达成类似去年英国和日本所签署的惩罚性贸易协议,除非获得一定的关税减免。而白宫则拒绝缓和贸易战,除非加拿大做出更多让步,包括停止对关税采取任何报复措施。但据两名加拿大政府消息人士和一名美国行业消息人士透露,特朗普上月公布的计划——对价值20亿美元的加拿大出口商品从8月19日起加征50%关税——给渥太华带来了紧迫感。新关税将依据《1930年斯姆特-霍利关税法》第338条实施。虽然这些关税仅影响加拿大约5%的出口商品——涉及从酒类到乳制品和电子设备等一系列商品——但将重创部分行业,可能是精心设计的举措,以迫使这些行业向渥太华施压,促成协议。关税影响最严重的将是安大略省、魁北克省和不列颠哥伦比亚省,而艾伯塔省和萨斯喀彻温省则基本不受影响,这两个省份未抵制美国酒类。目前双方重新回到去年10月讨论的提案,当时特朗普因安大略省政府的反关税广告突然中止了谈判。根据该框架,加拿大钢铁和铝将受到关税配额(TRQs)的限制,五名消息人士表示。这意味着只有在加拿大金属出口达到一定数量后,才会征收高额关税。两名美国行业消息人士表示,谈判人员仍在就配额数量进行讨价还价,并在钢铁方面争论是否应对配额内销售的钢铁征收较低关税。作为交换,加拿大将看到特朗普根据《1962年贸易扩展法》第232条对金属征收的关税在配额限制内有所降低。此类协议可能有助于实现加拿大缓解美国关税的核心谈判目标。

美国参议员约翰·科宁(中)是威胁阻止代理司法部长托德·布兰奇确认的两名参议员之一,原因是唐纳德·特朗普总统起诉美国国税局。WIN MCNAMEE / GETTY IMAGES

缅因州参议员苏珊·柯林斯是一位温和的共和党人,今年面临艰难的连任竞选,她在周二下午的一份声明中表示,她不会支持代理司法部长托德·布兰奇,因为他采取的行动“削弱了司法部的独立性”,包括设立和解基金。至少还有两名共和党参议员尚未表态是否会投票确认布兰奇——阿拉斯加州参议员丽莎·穆尔科斯基和路易斯安那州参议员比尔·卡西迪,后者在今年早些时候的连任竞选中输给了特朗普支持的初选对手。两人在被问及投票意向时均拒绝置评。民主党人表示,布兰奇的命令不足以防止特朗普政府在代理司法部长确认后恢复该基金,并呼吁立法永久禁止该基金。该命令也未阻止政府通过先前建立的程序对特朗普盟友——包括6, 2021冲击国会大厦的人——进行补偿,该程序允许人们在认为自己受到

加拿大的关键工业部门仍面临压力,同时也打破了其他贸易问题的僵局。《环球邮报》去年秋季报道称,钢铁方面的拟议协议将基于历史上向美国出口金属的水平设定配额。在配额内,钢铁将面临10%至15%的关税;超出配额的钢铁出口则将面临25%至50%的关税。两名加拿大行业消息人士表示,除了勒布朗先生和沙雷特女士与格里尔先生举行的正式谈判会议外,加拿大总理和特朗普也一直在直接对话。尽管贸易谈判更加密集,但仍存在重大障碍。一名加拿大行业人士和一名加拿大政府消息人士表示,受特朗普第232条关税打击的另一个主要经济部门——汽车行业,尚未成为详细谈判的主题。

在上月的国会证词中,格里尔先生表示,关于原产地规则及美墨加协定(USMCA)其他结构性变更的讨论(可能包括汽车行业)可能会持续至2027年。加拿大生产的汽车目前面临25%的关税。若特朗普不取消对加拿大汽车的关税,渥太华几乎不可能取消其反制性关税,而这正是特朗普政府的另一项要求。与此同时,格里尔表示,他希望在年底前与加拿大和墨西哥达成“过渡性安排”,但未具体说明这些有限协议将包含哪些内容。美国在谈判中还经常移动目标。在6月向加拿大发送一封列举其要求的信函后,格里尔上周又向勒布朗先生递交了一份包含10项新要求的清单,一名加拿大政府、一名加拿大行业及一名美国行业消息人士表示。

长期以来,争取商业团体和立法者对自由贸易的支持一直是加拿大应对特朗普的首选策略。但这一策略在总统第二任期内似乎不如第一任期有效。白宫在贸易保护主义议程上变得更加激进,而传统上支持自由贸易的共和党人在党内被边缘化。自特朗普首个任期以来,钢铁和铝一直是加美贸易紧张的核心,当时总统对两种金属征收了25%的关税,并在北美自由贸易协定谈判期间维持了一年。更高的50%关税严重挤压了两种金属的出口,关税实施后的几个月内,运往美国的出货量减半。铝出口此后有所恢复,但仍远低于2024年的水平;钢铁出口则大致维持在原有水平的一半。

2024年。金属关税的影响也比特朗普首个总统任期内严重得多,因为这些关税适用于数百种“衍生”产品:即包含金属的制成品。这对加拿大制造商造成了广泛冲击,涉及多个行业。渥太华在铝关税减免方面有充分理由,因为美国铝产量仅占其消费量的一小部分,其余依赖进口,而加拿大是最大的进口来源。钢铁关税减免的理由则较难成立:美国拥有更大的生产能力,且国内钢铁游说团体拥有强大的政治影响力。适用于所有国家的第232条钢铝及其衍生产品关税,旨在提振国内生产,并减少来自中国及其他亚洲国家的廉价钢铁流入美国。

过去一年,加拿大已采取多项措施保护本国钢铁行业免受低成本进口冲击,实际上与特朗普的保护主义政策保持一致。

该国最高执法官员。特朗普同样需要一位法律思维敏锐的人担任此职,”科宁表示。布兰奇面临着关于其能否保持独立于白宫、司法部对总统政治对手的追究,以及该机构处理涉及失势金融家杰弗里·爱泼斯坦性贩运调查相关文件的严格审查。

但特朗普对美国国税局(IRS)提起的10亿美元诉讼和解,险些导致布兰奇的提名受阻,迫使委员会上周推迟表决,因两名共和党参议员——蒂利斯和科宁——在任期于1月结束后不再返回国会山,施加了压力。委员会主席、共和党参议员查克·格拉斯利表示,蒂利斯和科宁的要求“合情合理”。格拉斯利称,这两位参议员对“反武器化基金”及IRS和解的担忧得到了包括他本人在内的许多议员的共鸣。

“感谢他们以及布兰奇和白宫本着诚意共同努力——”

活动人士:泰国需“履行不驱回义务”,议员表示

沈女士表示,张女士原本几乎被遣返中国,但加拿大外交官的介入阻止了这一行动。她说,来自渥太华和联合国难民署的压力,以及泰国议员和国际人权组织的干预,最终使张女士获准离开泰国。“一旦泰国当局认识到加拿大的坚定立场,他们便放弃了抵抗,转而通过一切可用手段确保她安全离境,”沈女士说。“在她登机前夜,加拿大外交官陪同她,泰国高级警官在高层指挥官的直接命令下,并配备专职司机,一路护送她前往曼谷机场,登上飞往加拿大的航班。”加拿大移民、难民和公民部在一份声明中表示,

该国“长期以来以同情、尊重和尊严接收难民,并以此为世界领导者而自豪”。该部门以“保护申请人安全和隐私以及项目完整性”为由,拒绝就张女士的具体案件发表评论。泰国外交部未回应置评请求。泰国不是《联合国难民公约》的签署国,在保护寻求庇护者权利方面记录不佳。去年,数十名维吾尔人(其中一些人已在泰国生活十年)被强制遣返中国,尽管人权组织和联合国警告他们面临酷刑和虐待风险。在张女士最初被阻止飞往加拿大的同一时期,泰国当局还拘留了另一名中国公民、记者白

兆东。中国外交部告诉路透社,已要求引渡白先生,指控其敲诈勒索和贿赂。无国界记者组织警告称,若被遣返,白先生将“面临迫害及更严重的人身安全风险”,并敦促曼谷拒绝这一要求,该要求是在泰国总理阿努廷·查恩维拉库尔访华期间提出的。美国参议院外交关系委员会资深成员、参议员珍妮·沙欣在7月表示,白先生或张女士可能被强制遣返中国的可能性“令人深感担忧”。“泰国需要履行不驱回义务,确保他们的人身安全,”她说。总部设在曼谷的人权与劳工倡导组织亚洲主任菲尔·罗伯逊表示,中国“决心实施跨国镇压,追捕世界各地的异见人士”。

沈女士表示,在这起案件中,中国共产党的努力以失败告终。她形容张女士抵达温哥华是“对中共长臂管辖、外交胁迫及在东南亚及更广泛地区跨国镇压的重大挫败”。

泰国不是《联合国难民公约》的签署国, 在保护寻求庇护者权利方面记录不佳。

格拉斯利先生表示:“通过正式撤销该基金并明确索赔范围,这一问题已彻底解决。”特朗普的诉讼因其处理方式极不寻常而受到严厉批评——总统挑战由其领导的行政部门监管的机构。上月,一名法官斥责该案为不当的自我交易行为,并将特朗普的一名提起诉讼的律师移交潜在纪律处分。布兰奇曾是联邦检察官,也是共和党人特朗普在面对四项起诉时辩护团队的关键成员,去年作为副司法部长加入司法部。在邦迪女士未能满足特朗普成功起诉其视为政治对手的要求后,布兰奇被提升为代理司法部长。尽管布兰奇坚称自己并未试图竞争正式职位,但他迅速采取行动,加快调查特朗普的政敌,并推进其他白宫优先事项,此举遭到批评者谴责,称其并未摆脱作为特朗普私人律师的身份。

布兰奇上任后不久,司法部便对特朗普的长期对手、前联邦调查局局长詹姆斯·科米提起诉讼,指控其通过在社交媒体上发布以“86 47”数字排列的贝壳照片威胁第47任总统。科米的律师指责司法部误导法官,提交包含虚假陈述的文件,并隐瞒关键事实,以发起一场被辩方称为出于政治动机的起诉。布兰奇还单独任命约瑟夫·迪吉诺瓦——一名来自里根政府时期的前司法部检察官——监督一项位于佛罗里达州的调查,以确定过去十年间前执法和情报官员是否密谋破坏特朗普。

美联社

FOLIO

诈骗电话中心曾仅限于缅甸和柬埔寨的法外之地,但随着其被证明有利可图,目前正向包括菲律宾在内的整个亚洲地区扩散。

诈骗电话中心如何从东南亚蔓延成为全球危机

过去两年间,缅甸、柬埔寨和菲律宾的诈骗电话中心园区曾遭突袭并被关闭

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詹姆斯·格里菲思 亚洲记者 香港

K.K.园区位于缅甸与泰国边境,曾是一个庞大的办公室和宿舍综合体,也是全球最臭名昭著的在线诈骗枢纽之一,并成为许多类似运营的典范。此类运营的规模令人震惊,帮助背后的犯罪团伙敛财数十亿美元,且往往依赖被贩运的工人,后者处于类似奴隶的境地。但这也引起了反诈骗活动人士、人权组织和当局的关注。在过去两年间,缅甸、柬埔寨和菲律宾的大型诈骗电话中心园区曾遭突袭并被关闭,这是区域政府和国际执法部门协同努力的一部分。然而,背后的有组织犯罪团伙并未停止运营,而是转而依赖由小型电话中心组成的网络——这些中心借助人工智能工具和易于洗钱的加密货币,更难被侦测,且比以往更加有利可图。

2024年5月,斯里兰卡警方在科伦坡郊区Talangama的一个不起眼地点逮捕了37名涉嫌运营诈骗电话中心的嫌疑人,并缴获了147部手机和数十张SIM卡。今年早些时候,联合国毒品和犯罪问题办公室(UNODC)警告称,“大规模诈骗中心”正“在世界各地越来越多地被发现”。UNODC表示:“这些运营通常位于受武装冲突、法治挑战和非法经济影响的地区或区域——这些条件为其提供了更大的隐蔽性和拦截难度。”这包括饱受战乱的乌克兰、被贩毒集团控制的墨西哥州以及腐败猖獗的非洲经济体。

全球反跨国有组织犯罪倡议组织湄公河观察站负责人克里斯蒂娜·阿默豪泽表示,“我们不仅看到这些东南亚犯罪团伙的运营扩展到更多地方,超出该地区,还看到世界各地的各类犯罪团伙都在运营诈骗中心。”她补充道:“许多诈骗中心看起来非常相似,使用类似的手法,依赖相同的技术,并且似乎高度联网。”随着各国政府试图对在线诈骗发出警告,他们也无意中宣传了这一行业的暴利——全球犯罪团伙正在迅速跟进。加拿大人在2023年因诈骗损失了7.04亿美元,主要是投资、情感和招聘骗局。其他国家的影响更为严重:2024年,美国政府估计,美国人因东南亚诈骗者损失了100亿美元,而根据UNODC的数据,亚洲受害者的损失可能高达300亿美元。

观察到的各国人口贩运受害者人数

2023年1月 2023年5月 2025年3月

拥有诈骗电话中心的国家

大型诈骗园区 诈骗电话中心

《环球邮报》 来源:联合国毒品和犯罪问题办公室;国际刑警组织;美国国会;全球反跨国有组织犯罪倡议组织;洛伊研究所

查获了约150亿美元及以上与涉嫌诈骗网络相关的加密货币,该网络由华裔柬埔寨籍亿万富翁陈志(Chen Zhi)运营。陈志于1月被引渡至中国,面临可能的死刑判决。中国是东南亚诈骗中心最早的目标国之一,许多诈骗中心由华人有组织犯罪集团运营,北京多年来一直在打击像陈志这样的涉嫌头目。然而,这并未遏制网络诈骗的浪潮,任何有耐心和掠夺性本能的人都能实施诈骗。受害者被承诺的“恋情”或“投资”所吸引,随后被说服交出钱财,通常以稳定币的形式——一种与真实货币挂钩的加密货币,主要用于诈骗或洗钱。为了使诈骗达到与非法毒品相当的盈利水平,有组织犯罪集团

联合国估计,已有超过300,000人被贩运至东南亚诈骗园区。此类规模最大的运营活动多见于缅甸、柬埔寨和老挝的法外地区,这些地方腐败和内战往往使犯罪团伙得以肆意妄为。但国际社会日益关注并向当地政府及武装组织施压已产生效果,遏制了扩张势头,甚至拆除了部分臭名昭著的枢纽,如K.K.园区。M. Amerhauser女士表示,诈骗活动已从大型园区转向可能规模相当、但以小型团队网络运作的模式,而非集中于单一地点。“它们更易隐藏,且仅因某个运营点看似规模较小,并不意味着背后的犯罪网络或团伙未同时运营多个点,”她说道,“如今甚至越来越难以估计这一产业的规模。”2024年,BBC揭露了一个针对中国受害者的诈骗枢纽,该团伙已从中获利数百万美元。其运营地点位于英国王室属地马恩岛首府道格拉斯的一家海滨酒店。“在线诈骗中心的触角遍及全球,构成了一项动态且持久的全球性挑战,”国际刑警组织警察服务代理执行主任西里尔·古特表示。尽管制裁和逮捕能瓦解特定运营点,但更广泛的诈骗生态系统在国际执法部门的联合打击下仍展现出韧性。人工智能工具使诈骗者能轻松创建虚假身份、搭建看似合法的网站和简历,进一步加剧了问题。受害者权益倡导者呼吁加强教育,并要求银行承担或分担欺诈损失的全部责任。

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社论

加拿大式的“思念与祈祷”

“思念与祈祷。”

在美国发生大规模枪击事件时,有一个时刻会让悲剧开始转向黑色闹剧——当政客说出这句话的那一刻。

说出这句话表达的是虚假的同情,却回避了提出任何棘手的问题。比如:这起枪击事件为何发生?本可以采取什么措施来防止?政府能采取什么行动来防止下一次袭击?

“思念与祈祷”就是需要说的,或需要做的全部。可悲的是,加拿大也有类似的表达,每当针对加拿大犹太社区的暴力事件发生时,政界领袖都会这样说。他们宣称:“这不是我们的本质。”又说:“这种行为不可接受。”

说出这些话能表达同情,但同样回避了关键问题:这起反犹太主义袭击为何发生?本可以采取什么措施来防止?政府能采取什么行动来防止下一次袭击?

这些未解的问题变得愈发紧迫。根据加拿大统计局的数据,从2014年到2022年,警方报告的反犹太主义仇恨犯罪上升了147%,几乎是所有宗教动机仇恨犯罪增幅的两倍。到2020年,警方报告的反犹太主义仇恨犯罪已占所有宗教动机仇恨犯罪的一半以上。

随后,2023年7月2023日哈马斯对以色列发动恐怖袭击,以及随之而来的以色列-哈马斯战争,反犹太主义仇恨犯罪激增,2023年飙升了82%。2024年和2025年虽有所下降,但降幅有限。而2026年迄今,情况再度恶化:根据加拿大统计局的初步数据,2026年第一季度反犹太主义仇恨犯罪较2025年同期上升了20%。

犹太会堂遭纵火和枪击。渥太华一家杂货店内一名年迈的犹太女性被刺伤。犹太人拥有的企业遭袭击。这份清单不仅记录了仇恨,也记录了官方的失职。

而这份清单仍在不断增加。7月24日,多伦多一家犹太人拥有的连锁餐厅Kiva's Bagel Bakery的两家门店遭到破坏,其中一家遭到枪击。多伦多警方正将这些事件作为仇恨犯罪进行调查。

上周末,蒙特利尔一家犹太洁食餐厅Nöam被大火烧毁。目前尚未确定该事件的动机,正作为纵火案调查。但若将其列入反犹太主义仇恨犯罪的统计,恐怕并不令人意外。

如何扭转这股日益增长的仇恨浪潮?正如我们此前所言,这一努力必须从理解和说出真相开始:反犹太复国主义正在助长反犹太主义的抬头。对以色列的拒绝,对其生存权的否定,已成为反犹太主义这场瘟疫的温床。任何政治领袖是否有勇气说出这一真相,是对其勇气的考验。加拿大总理马克·卡尼(Mark Carney)6月份在这一考验中失败了,尽管他试图为加拿大犹太社区提供安慰。

多伦多市长奥利维娅·周(Olivia Chow)的表现更为糟糕。公平地说,周女士曾公开反对在多伦多北部巴瑟斯特街和谢泼德街附近的加拿大犹太社区中心举行反以色列抗议活动。当然,她也以加拿大式的“思念与祈祷”谴责了Kiva's餐厅遭袭等事件。

但周女士通过其行动表明了她的立场。她拒绝出席2024年5月以色列国庆日的升旗仪式,称此类活动具有“分裂性”。她还拒绝参加今年6月的年度“为以色列行走”活动。

然而,这位市长在6月下旬的骄傲游行中却毫不犹豫地喊出了“解放巴勒斯坦”——这一反犹太复国主义集会的口号。

上周,当被问及此事时,市长办公室未作回应

为什么升旗活动具有分裂性,而高呼“解放巴勒斯坦”的口号却没有问题。周女士(Chow)亏欠多伦多市民——尤其是多伦多的犹太裔市民——一个解释。

例如,她是否支持以色列的生存权?或者,她是否认同那套充斥仇恨的教条(每周在巴瑟斯特街和谢泼德街附近被反复吟诵),即认为以色列是一个

读者来信

一字一句

关于“美国总统话语权之衰减”(社论,8月3日):美国总统的话就是他的承诺吗? 鉴于40万亿美元的债务、数代人的财政不负责任,以及由一名特朗普任命者领导的联邦储备委员会,很值得询问美国的信用是否还具有信用。

Ron Beram 布里乔拉,不列颠哥伦比亚省

解决问题

关于“WestJet劳工纠纷实际上是卡尼与工会之间的代理战”(商业报告,8月3日):一年前,许多乘客同样因加拿大航空的罢工而受到不便。除了WestJet的首席执行官,没有人需要水晶球来预测其他航空公司的乘务员会如何反应。这难道不是他个人的完全无能以及对客户的公然漠视吗?

Jocelyn Stoate 渥太华

当私营公司的工会成员进行罢工时,双方都有达成协议的动力。这是在竞争环境下进行的,因为其他公司通常销售类似的产品或服务。 另一方面,政府或关键岗位工人的罢工则呈现出不同的情况。政府和关键服务几乎没有或完全没有竞争。罢工时,这些服务对所有人都会停止。这些雇主往往被迫接受劳方提出的要求。 应该制定一套不同的法律来承认私营罢工与公共罢工之间的这些差异,以便为劳资关系提供一个更公平的竞争环境。

Gordon Forbes 彼得伯勒,安大略省

灼热议题

关于“当欧洲在燃烧时,加拿大的水上轰炸机太少且太分散”(7月31日):我们显然是唯一制造专业水上轰炸机的国家,而且积压的订单长达数年。如果说有什么传统产业是我们的政府应该支持其增长的,那就是这个。 想象一下,如果我们向西班牙和法国各派遣3打水上轰炸机(当然,上面印着枫叶标志),或许还有加利福尼亚4架。 我们的航空航天工业将随着加拿大的就业机会、专业知识和原材料而增长,而且我们将获得本世纪最高分的国际关系评价。

以确保 Canadair 水上轰炸机的持续甚至扩大生产。不幸的是,悲哀的事实是,这些毁灭性的山火无疑是持续全球变暖的结果。 即使我们及时采取行动,在法国和其他管辖区(包括加拿大)部署大量水上轰炸机,也无法解决问题。至多,它们能减轻这些季节性地狱之火造成的损害,但对这些环境灾难的根本原因没有任何影响。

Scott Burbidge 威廉港,新斯科舍省

收到信息

关于“这条信息由党派之争为您带来”(社论,8月4日):各级政府花费了荒唐数量的纳税人资金,全部是为了告诉我们他们在发展经济和保护我们(无论那意味着什么)方面做得多么出色。 这些广告已经泛滥到令人厌烦的程度,毫无信息量,每次出现时都让我伸手去换台或按静音键。我想,当经济、社会和文化进步缺乏实证证据时,政府必须做点什么来营造出这种进步正在发生的幻象。 这些钱肯定可以用在更多能为加拿大人创造价值的地方。

Neville Taylor 多伦多

感谢您揭露并点名批评安大略省进步保守党的广告,揭示其本质:非选举季的竞选活动。 在全彩、通常是全页的广告上花费巨资吹嘘“我们多么出色”,应该被视为浪费纳税人的钱。这些资金最好用于解决省内的医疗保健和教育问题,而不是用于自我感觉良好的废话。

Richard Mili 多伦多

大开眼界


仇恨在加拿大确有其位 (7月29日):作为蒙特利尔的终身居民,我对反犹太主义的可憎行为并不陌生,这些行为似乎正变得越来越频繁。

然而,作为大屠杀幸存者的女儿,我在我的城市和国家从未感到过不安全,至今仍在很大程度上感到安全。但阅读这篇文章确实引发了我的焦虑,每一起被报道的反犹太主义事件都让我如此。

我住在一个有许多哈西德犹太家庭和几座犹太会堂的社区[...OMITTED...]。最近,我对附近可能发生的事件变得更加警觉。我的一些邻居最近遭到了袭击。

这读起来像是一个关键的警告:如果我们的政客和普通民众继续认为对加拿大犹太社区同胞的攻击只是一个过渡阶段,可能会发生什么。

所有加拿大人都应对所谓的仇恨“常态化”感到担忧,并竭尽全力阻止其危险的蔓延。

戈尔迪·奥尔辛兹科 蒙特利尔


旧即新

回应 “加拿大外交官被派遣执行新任务”(8月3日):在作为驻约旦、印度尼西亚、土耳其和菲律宾大使的13年多时间里,我一直在推动加拿大贸易和投资,并为加拿大企业排忧解难,如今却被告知这些并非加拿大的优先事项。

那些与美国、欧洲、智利、韩国及其他伙伴谈判自由贸易协定的同事们,想必同样困惑。我们当时在想什么?

推动和捍卫加拿大经济利益一直是外交事务的优先事项。可能会让一些读者感到惊讶的是,加拿大外交官实际上可以同时追求多个优先事项。

无论是捍卫加拿大价值观、将加拿大塑造为学习、工作或生活的目的地,还是帮助在海外陷入困境的加拿大人,这都是我们过去所做的,我相信也将继续做下去。

约翰·霍姆斯 渥太华

早在50多年前,加拿大就通过“理解加拿大”倡议和加拿大研究国际理事会在世界上拥有显著影响力。这些项目一直持续到2012年,当时联邦政府终止了它们,尽管它们通过建立对外关系和研究联系,带来了强劲的经济和外交回报。

此外,1982年宪法等事件引发的国际关注,得到了联邦对国际学者的资助支持。项目扩展至欧洲和亚洲,包括中欧和印度的新中心。

如今,政府正再次尝试让加拿大在全球舞台上重获国际认可。为何不能继续原有项目,将我们的信息制度化地传递给世界,而非回到危机管理模式?

[...OMITTED...]

T

T

H

观点

观点

不要给各省更多医疗资金

给他们更多自主筹资的空间, 并终结政府间的相互指责

各省省长一如既往, 在最近一次夏季的抱怨大会上 毫不吝啬地向联邦政府提出建议, 尤其是在医疗转移支付方面。 你不会对他们希望增加转移支付感到惊讶, 但可能会对增加的幅度感到意外。 简而言之,各省省长希望将转移支付 增加一倍,甚至四倍。 目前,联邦政府每年通过 加拿大医疗转移支付 向各省提供约55亿美元, 约占各省医疗总支出的21%

不列颠哥伦比亚省的新医学院无法神奇地解决医生短缺问题

不列颠哥伦比亚大学医学院 成立于1950年, 首届招收了60名学生。 (如今,该校每年招收328名一年级学生。) 当时,不列颠哥伦比亚省的人口为1.1百万。 如今,该省人口已达5.7百万, 终于迎来了第二所医学院。 西蒙弗雷泽大学斯蒂芬斯家族医学院 刚刚开学,首届招收了48名学生。 这所新学院有几个显著特点。 首先,其课程将重点关注家庭医学和初级保健。 此外,该校将更注重实践培训而非课堂教学。 医学生通常将70%的时间用于课堂学习, 30%的时间用于临床和医院实习。 西蒙弗雷泽大学计划将这一比例 调整为70%的实践时间和30%的课堂学习。 大部分教学将在社区进行, 包括农村和偏远地区, 以及原住民社区。 这一设计不仅旨在让学生接触不同的行医环境, 还希望吸引他们在这些地区工作。 (偏远和农村地区的医生短缺问题更为严重, 研究表明,医生更倾向于在实习地定居。) 这种“分布式、社区参与的学习模式” 与2005年成立的 北安大略医学院 所采用的创新方法类似。 西蒙弗雷泽大学的医学博士(MD)项目

北京的攻击只会增强活动人士的决心

玛格丽特·麦奎格-约翰斯顿

维吾尔人权倡导项目和全球智库中国战略风险研究所顾问委员会成员

批评中国的人如何知道自己是否有效?答案是:当中国政府组织网络运动试图摧毁你的信誉时。

今年3月,我作为证人出席了加拿大国会工业和技术常设委员会,就中国电动汽车作证。我谈到了中国汽车行业使用维吾尔人强迫劳动加工铝材的风险,这一情况已被人权观察组织记录在案。

在委员会上,自由党议员迈克尔·马提出了咄咄逼人的问题,似乎旨在削弱我的专业性。他后来在X平台上道歉。

但中国官方媒体如新疆的天山网——该地区唯一的官方新闻网络——将马先生描绘成挑战中国批评者的英雄,而将我描述为无足轻重的人。从3月到5月,这些帖子中的每一条都收到了成千上万来自普通中国民众的评论。类似的信息也出现在中国的微信和微博平台上,随后通过微信传播到加拿大。

许多评论模仿了官方的说辞。但也有许多人同意我的观点,称中国各地都存在强迫劳动,有些人还提到了自己的经历。“我如何能为这位正义的女性作证?”有人说道。其他人则通过电子邮件联系我,感谢我公开谈论强迫劳动,并提供证据,我已将这些证据转交给非营利组织“中国劳工观察”。

就在我以为这些事件已经过去时,国家反外国干涉协调员办公室联系了我,告知针对我的另一场运动。这一情况是由快速反应机制发现的,该机制是加拿大全球事务部下设的一个团队,最初成立是为了监控加拿大选举中的外国干涉,其职权范围现已扩大到识别试图

支出(截至2025-26年为$261-billion)。 现在,一些省长——无论如何,其中一些——正要求渥太华将其份额提高到50 per cent。“我认为从愿景上讲,要求始终是回到50 / 50,”马尼托巴省省长瓦布·基尼乌告诉记者。 即使假设这一增长完全由省级支出削减来抵消,联邦医疗转移支付也需要增加到$130-billion才能达到总额的50 per cent——这是两倍多。如果各省将自身支出维持在当前水平,联邦转移支付将需要增加到$206-billion——接近四倍的增长。 换句话说,这不会发生。也不应该发生。当省长们谈论“回到50 / 50”时,他们指的是回到20世纪70年代盛行的联邦与省级成本分担安排。诚然,联邦现金转移支付在此后占总额的比例有所下降。 但省长们从未提及的是,联邦政府通过税收点转移的方式对各省进行了补偿。

根据2025.年12月发布的《OurCare全国调查》结果,加拿大有约5.9 million成年人无法定期获得初级医疗服务提供者。萨米·科根 / 《环球邮报》摄

弗雷泽的学制将为三年,而大多数加拿大医学院提供四年制学位。核心课程相同,但三年制学生的暑假短得多,选修课机会也更少。这所新医学院位于多元文化的郊区素里,这也是一个刻意的选择。SFU表示,它“致力于在社区中、为社区、与社区一起培养未来的医生”。 最后,斯蒂芬斯家族医学院是少数几所“冠名”的医学院之一,显示出

1977年,渥太华削减了个人和企业所得税税率,允许各省利用由此产生的税收空间。这些税收点如今价值约$28亿加元,使联邦份额提高至约32%

此外,联邦政府在2017年和2023年与各省签署了一系列双边协议,涉及初级保健、家庭护理、心理健康及其他联邦优先事项,每年价值$5亿加元。因此,联邦份额已上升至34%

此外,联邦政府每年还向各省提供$44亿加元的其他转移支付,主要用于平衡拨款和加拿大社会转移支付。这些资金并未附带具体用途标签:各省可自行决定如何使用。若将所有联邦转移支付(而非仅“医疗”转移支付)纳入计算,联邦政府实际上已覆盖约51%的省级医疗支出。

但暂且不论这些。即使接受省长们的算法,他们提出的建议仍是一个糟糕的主意。共担成本的医疗融资——

慈善事业在资助高等教育中的作用。有机食品巨头“自然之路”(Nature’s Path)的创始人拉塔纳和阿伦·斯蒂芬斯向以他们名字命名的学校捐赠了$40-million加元。

加拿大现有19所医学院,且数量仍在增加。多伦多都会大学去年在安大略省布兰普顿开设了一个校区,拥有94名学生的大规模队伍。

约克大学、爱德华王子岛大学和魁北克大学网络均计划开设医学院。现有医学院也在扩大其校外项目——

跨国镇压更广泛地渗透至加拿大社会。根据霍格委员会的报告,中国针对侨民社区,是“对加拿大民主机构进行外国干涉最活跃的肇事者”。

官员们向我简要介绍了这一针对我的活动,这是他们为受中国针对的加拿大人组织的十几场简报会之一。我非常感谢公共安全部、GAC、CSIS和RCMP的这些官员的工作。

总部设在中国大陆和香港的中国国家代理机构,如观察者网,试图通过横跨TikTok、YouTube、X、Instagram和Facebook的英语宣传活动,诋毁我的可信度,将我描绘成无知、无用甚至更糟。部分帖子在加拿大官员通知平台后被删除。

任何阅读过我自迈克尔·科夫里格和迈克尔·斯波沃被绑架以来所写文章的人都知道,我的分析经过充分研究且严谨。其他人可以自行调查中国的强迫劳动问题——

医疗保健的共担成本模式是问题所在,而非解决方案。由此产生的重叠使人们无法明确追责系统的失败,导致各级政客相互推诿,而非做出恢复系统所需的艰难决策。各省在支出79分美元时已足够混乱,若使用50分美元,天知道会变成什么样。

然而,尽管如此难以启齿……省长们确实有道理。不是他们所主张的道理,而是另一个道理。医疗支出正在吞噬他们的财政。包括联邦现金转移支付在内,医疗支出占省级收入的约39%;若不计入这些转移支付,这一比例则上升至49%

而且情况只会变得更糟。65岁以上人口比例目前为19.5%(50年前这一比例不足一半)。加拿大统计局的最新预测显示,到2075年,这一比例将上升至27%,这是中等增长情景。在某些情景下——

他们的大城市校区。例如,皇后大学在安大略省的达勒姆地区设有家庭医学项目,而位于乔治王子城的北英属哥伦比亚大学则与不列颠哥伦比亚大学(UBC)合作运营北部医学项目。

这一系列教育活动都是为了应对加拿大在初级医疗服务方面严重匮乏的现状。根据“OurCare全国”项目的调查结果,加拿大估计有5.9百万成年人无法定期获得初级医疗服务提供者(如家庭医生或执业护士)的服务。

网上有大量证据表明,超过一百万维吾尔人被强制劳动,还有许多第一手证词可供查阅。在中文社交媒体上发帖后,这些运动适得其反,反而放大了我的言论,而中国各地成千上万网友的回应进一步证实了强制劳动的存在。

他们点名攻击我时,或许还会提到我曾是中国长达40年的朋友,帮助发展了他们的研究体系,并曾担任渥太华加中友好协会的副主席。但中国在习近平领导下已发生巨大变化,我们这些坚持核心价值观的人拒绝被虚假信息运动所压制。

我们可以预见,此类压制言论的企图将会增多。中国的新《民族团结法》已于3月签署生效;该政策助长了对“再教育”和“融合”年仅三岁儿童的报道,旨在摧毁维吾尔、藏族和南蒙古的文化与语言。第63条规定明确指出,那些身处中国境外的人——

当人口老龄化率达到63%时,这一比例几乎上升至三分之一。我们从未见过这样的社会。仅成本影响就已令人震惊。(根据经验法则,每多活10年,人均医疗资源消耗就会翻倍,55岁后这一趋势尤为明显。)

没有简单的出路。增加移民?绝对必要。鼓励人们延迟退休?理应如此。促进经济增长?至关重要。改革医疗体系,为这个僵化的垄断行业引入竞争和成本约束?毫无疑问。但即使我们采取所有这些措施甚至更多,各省仍将面临困境。

因此,是的,看在上帝的份上,请给各省更多资金。但不要直接给现金,而是给予税收点数。完成1977年启动的工作,让联邦政府彻底退出。各省(唉)可能需要更多资金,但更重要的是,它们需要承担责任。这意味着从本省纳税人手中筹集资金,并向他们负责,而不是每隔几年就向渥太华伸手要钱。

要拯救医疗体系,首要任务是停止相互指责。

2025年12月发布的调查报告。

无论医学院培养出多少新医生, 都无法迅速解决这一问题。从医学院、 住院实习到专科培训,培养一名 合格的医疗从业者可能需要6至12年的时间。 加拿大每千人拥有的医生数量 在富裕国家中处于最低水平之一—— 约为2.8名医生 / 1,000人口—— 而经合组织(OECD)的平均水平为3.9。

加拿大每千人拥有的医生数量 低于英国和奥地利,但高于美国和日本。 这一对比应当引起警惕: 不能孤立地看待这些数字。 医生只是医疗保健拼图的一部分。

同样重要的还有他们的执业方式 和执业地点。在加拿大,医生面临的 行政负担极为沉重。他们花费大量时间 处理文书工作,而这些时间本可用于临床护理。

家庭医生尤其倾向于以小型企业 的形式运营,并依赖按服务收费的支付模式。 医学的未来在于更多的跨学科护理 和更灵活的支付模式——而我们尚未跟上步伐。

加拿大还高度依赖从其他国家 招募医生。约三分之一的家庭医生和 四分之一的专科医生在加拿大境外接受培训。 然而,我们仍然为国际医学毕业生的执业许可设置了诸多障碍。

综上所述,尽管加拿大医学教育的扩张值得欢迎, 但若不进行深刻的结构性变革,这些新医生 可能只会被投入“绞肉机”。

被认定破坏“民族团结与进步”的行为 将“被追究法律责任”。尚不清楚北京 将如何在境外执行这一规定。 或许中国政府认为,当其于2024年12月 点名制裁20名加拿大人(因公开谈论 维吾尔人和藏人遭受的压迫)时, 加拿大人会温顺地退缩。

制裁 意味着 我们无法访问中国,但我也不会前往一个 绑架无辜加拿大人、并实施了加拿大议会 所称的“维吾尔种族灭绝”的国家。制裁还意味着 我无法再与中国的朋友合作;为了保护他们, 我已断绝联系。他们可能已看到网上关于我的帖子, 但他们知道,我描述的是 一场他们必须保持沉默的不公, 否则将面临拘留的风险。

因此,中国政府支持的 舆论攻势不会让我们沉默。它们只会证明 我们正在产生影响——而这正是更大声疾呼的动力。

A12 O 《环球邮报》 2026年8月5日,星期三 生活与艺术 旅行 旅行:观点 旅行:谜题 天气

在全女性徒步旅行中结交了新朋友

团体旅行能为女性提供一个支持性的环境,帮助她们走出舒适区

吉尔·K·罗宾逊

我不是加拿大人,但我在加拿大国庆日沉浸于加拿大落基山脉的美景之中。这似乎再合适不过了。清凉的薄雾轻拂我的脸庞,我站在不列颠哥伦比亚省优鹤国家公园塔卡考瀑布的底部。无论在世界的哪个角落看到这种晶莹剔透的冰川水,那宛如牛奶般的绿松石色总能让我屏息。从身边女性的沉默中,我能感受到我并不是唯一被迷住的人。我们正在进行一场为期六天的全女性徒步旅行,此时已完成了一半。今天的徒步路线带我们穿过一系列之字形小径,途经云杉、冷杉和雪松构成的郁郁葱葱、苔藓覆盖的森林,最终抵达翡翠湖。我们这个由16人(13名游客和3名向导)组成的团队中,有人一马当先,也有人放慢脚步,不时停下来辨认植物或拍照。交谈如野花般自然而然地绽放。我们聊起职业、生活变化、希望和书籍推荐。

第一天时,我们中只有少数人彼此认识,但感觉就像是早已约好一起旅行。与女性一起冒险总是让人感到舒适——我们笑得更大声,交谈也更深入。女性是旅行的最大消费群体,根据Skift Research 2024年的报告,82%的旅行决策由女性做出。不断增长的需求催生了许多旅行公司推出仅限女性参与的旅行项目。冒险旅行贸易协会在其2026年趋势与洞察报告中表示,女性专属行程一直是旅行公司的热门兴趣点。即使独自旅行,许多女性也在寻求联结。那些提供自由结伴和女性情谊的团体旅行,在支持和赋能的环境中帮助许多人突破界限,探索更多。

我与总部位于美国的Backroads——一家来自我祖国的冒险旅行公司——的旅行,带我们领略了班夫、库特奈和优鹤国家公园的巍峨山峰和碧绿湖泊。尽管六天内我们住在三家不同的酒店,但每天早晨的开始都大同小异。早餐后,我们收拾好背包,在酒店停车场与向导会合,用一张摆满健康食品和巧克力的桌子准备午餐和徒步零食。我最喜欢的是新鲜的不列颠哥伦比亚省樱桃,几乎在午餐时就被我一口气吃光,作为已经完成路程的奖励。每天的徒步开始前,向导都会进行“路线讲解”,介绍路线的历史和地质背景。每条路线都提供多种选择:一条

BACKROADS

《泰德·拉索》第四季让女子体育倒退十年

以下是《泰德·拉索》新一季的短广告,该剧将于8月5日在Apple TV+首播。最近我在Sportsnet+上忍受蓝鸟队的失利时,这则广告几乎每个广告时段都在播放。

这让我无比烦躁。

广告开头是那位总是对拉索冷嘲热讽的英国老年AFC里士满男球迷,他在拉索回到伦敦时迎上前去。

“欢迎回来,教练,”他说,“可惜你现在带的是一群女孩。”

由杰森·苏戴奇斯饰演的拉索只是微笑着耸耸肩,化解了这句性别歧视的言论——随后广告切入一段配乐深情的蒙太奇。我们看到这位异常乐观的教练,以及这部横跨大西洋的足球喜剧中的其他主要角色——


一支全女性徒步团队正在穿越加拿大落基山脉,从班夫到优鹤国家公园的六日旅程。

团体旅行能在支持和赋能的环境中提供友谊和女性间的情谊。

每一段徒步路程都带来令人屏息的景色,从广袤的冰川到湛蓝的湖泊。丽莎·沃克 摄

提供更长、更具挑战性的路线供速度快的徒步者选择,或为追求稳步前行的人提供更短、更直接的路径。向导会带领我们做一些热身拉伸,然后我们挤进两辆面包车,前往登山口。

徒步路线穿越亚高山森林和高山草甸,有些地方甚至有友好的土拨鼠摆出可爱姿势,期待能得到零食——但我们没有给。几乎每个转弯都能看到壮阔的冰川、气势磅礴的瀑布、陡峭的石灰岩悬崖和宛如液态天空的湖泊。

虽然每天都有时间表,但一切都从容不迫。有一天,我和一对母女同行,女儿刚从高中毕业。另一天,我则与一对妯娌结伴而行。总有人愿意调整步伐,无论快慢。在大自然中与不同年龄的女性共度时光,不仅结下了新友谊,也让我注意到这段旅程加深了家人和朋友之间的情感。

在需要无数次停下来欣赏湖面光影变化或仅仅是喘口气的日子里,我感受到了支持。午餐时间有时意味着在冰冷的水中来一次“北极熊跳水”,然后收拾行装继续前行。

成就有多种定义,完成徒步固然是其中之一,但这只是此次远征的一个侧面。

冒险的最后一天总是来得太快。在轻松漫步于路易斯湖畔后,我们穿过森林和野花草甸,跨过岩石山脊,最终抵达六冰川茶屋。

从这座两层木屋的阳台上,彩色祈祷旗随风飘扬,我们一边眺望维多利亚山和维多利亚冰川,一边享用着汤、自制面包三明治、辣椒和巧克力蛋糕的午餐。

与这六天来相伴的女性共进午餐时,我感受到的不仅仅是成就感。许多人在这次冒险中结下了新友谊。


女性冒险之旅

想在其他女性冒险者的陪伴下尝试新事物?可以考虑以下旅行组织:

野性女性探险

这家加拿大本土经营的旅行公司——


和我一起看棒球。 我 儿 子 并 不 真 正 理 解 发 生 了 什 么; 他 只 听 过 Sportsnet 的 男 性 评 论 员 高 度 评 价 本 地 的 职 业 女 子 体 育 队 伍 —— 多 伦 多 AFC 队、 伦 Sceptres 队, 以 及 现 在 Tempo 队。 我 能 看 到 《泰 德 · 拉 索》 广 告 正 在 积 极 重 塑 他 七 岁 认 知。 不 过, 看 过 新 一 季 前 四 集 后, 得 说 这 则 广 告 完 美 捕 捉 了 《泰 德 · 拉 索》 消 失 三 年 后 样 子。 它 并 未 捕 捉 当 下 职 业 女 体 育 激 动 人 心 能 量, 也 没 有 为 她 们 找 到 一 个 引 人 入 胜 故 事, 反 而 将 新 球 队 (昵 称 “Lady Greyhounds”) 仅 仅 作 为 让 曾 与 里 士 满 男 球 合 作 老 团 重 聚 借 口。 剧 集 编 剧 似 乎 非 常 害 怕 让 任 何 原 始 角 色 展 现 缺 点 或 面 对 挑 战——

性 提 供 小 团 探 险 旅 行 已 有 30 年。 今 秋, 公 司 计 划 推 出 葡 萄 牙 亚 速 尔 群 岛 骑 马 活 动、 丹 徒 步 探 险 以 及 巴 厘 岛 度 假 行 程。 wildwomenexpeditions.com

ADVENTUREWOMEN

AdventureWomen 是 家 美 国 拥 旅 公 司, 打 造 已 超 40 年。 司 将 于 2024 年 10 月 推 出 “意 大 利 之 旅: 品 味、 漫 游、 滋 养 皮 埃 蒙 特 沉 浸 之 旅”, 索 该 地 区 被 联 合 国 教 科 文 组 织 保 护 葡 萄 园 慢 食 运 动 发 源 地。 adventurewomen.com

Backroads

Backroads 是 家 主 打 活 力 司, 其 自 2024 来 增 长 170%。 “加 拿 大 落 基 山 脉 秋 季 徒 步 与 漫 旅” 展 示 这 区 中 较 宁 静 时 节, 此 时 阳 光 仍 温 暖 着 林 间 小 径, 森 林 则 化 琥 珀、 金 黄 和 绯 红 绚 烂 色 彩。 backroads.com

EF GO AHEAD TOURS

EF Go Ahead Tours 隶 属 于 EF Education First, 验 式 2025 首 批 限 参 产 品。 “泰 旅: 曼 谷、 清 迈 甲 米” 穿 梭 泰 国, 突 示 该 杰 性, 包 括 来 自 首 座 全 寺 院 尼 姑。 goaheadtours.com

INTREPID TRAVEL

总 部 位 澳 利 亚 专 Intrepid Travel 2018 开 始 行。 “秘 鲁 旅” 深 入 高 原 山 谷 和 迹 罕 至 村 落, 解 秘 鲁 生 活。 intrepidtravel.com

NATURAL HABITAT ADVENTURES

专 注 然 野 物 验 Natural Habitat Adventures 2023 开 提 供 产 品。 “加 拿 顶 级 北 极 熊 险: 研 究 员 同 行, 前 往 世 界 上 北 熊 最 密 区。 nathab.com

ROAD SCHOLAR

非 营 组 织 Road Scholar 教 放 位, 其 限 参 程 2002 次 显 著 增 长。 “哥 斯 达 黎 加 深 态 系 统 核 心, 从 云 雾 森 雨 林。 roadscholar.org

者 受 邀 加 Backroads 行, 未 审 阅 或 批 准 本 文。 文 章 基 价 值; 《环 邮 报》 保 证 任 何 报 道。

这季节感觉像是一段蒙太奇,展现我们曾经熟悉和喜爱的角色彼此友好相待。

与此同时,新角色则陷入了一部完全套路化的弱者体育故事中。

所有被构想出来的冲突,不过是这些次要男性角色定期出现,谈论女性运动如何无聊。他们出现在街头、酒吧、新闻发布室。

其他人只是耸耸肩,微笑一下,然后继续引用贝尔·胡克斯的话,或是在更衣室墙上贴满弗吉尼亚·伍尔夫的名言便利贴。

这实在可惜,因为泰德·拉索这个角色参与到里士满女子足球队中是合理的。

他来自密苏里州堪萨斯城——那里拥有全球唯一一座专为职业女子足球建造的私人体育场。

T

一次意外的比萨之旅

第一人称视角

比萨斜塔与

周围的混乱 未能达到高期望值 卡桑德拉·布莱恩 撰写

在意大利,有些事情是你理应去做的。吃意大利面。喝浓缩咖啡。假装自己能分辨出15种奶酪的区别。当然,还有参观比萨斜塔。我一生中都在看这些照片。标志性的斜塔戏剧性地向一侧倾斜,游客们以创意十足的姿势拍照。这一切看起来迷人而轻松。抵达当天,我们有预约票。不用排队。不用等待。计划很简单:到达,看塔,继续前行。然而,我在那里的大部分时间都在默默计算自己是否可能丧命。天气酷热难耐。太阳炙烤着大地,地面反射着热浪,空气纹丝不动。这让我怀疑这种炙烤的状况会以多快的速度演变成医疗紧急情况。有那么一刻,我脑海中闪过一个完全实际的想法:如果我在这里倒下,意大利的911版本是什么?我仿佛能看到这样的头条:

加拿大游客在比萨试图度过完美一天时身亡。这感觉荒谬,却越来越可能发生。我们为几乎所有情况都做好了准备。几周前就预订了餐厅。购买了快速通行票。阅读了陌生人写的评论。制定了逐小时的行程。我们为下雨、延误和扒手做好了准备。但没有什么能让我为这场景做好准备。不仅仅是酷热,还有人群的数量。广场上挤满了旅行团,他们在游客群中挤来挤去,都在等着摆姿势拍照。相机举起。指令此起彼伏。这座有着数百年历史的地标更像是一个拍摄现场。在比萨斜塔附近,没有人表现正常。人们小心翼翼地摆好姿势,假装扶住或推倒斜塔,而有人在喊:“不,你的另一个左边!”成千上万的人从世界各地赶来,本质上都是为了拍摄同一张照片,每个人都试图在短暂的瞬间控制这座从未被

今日数独解答

今日KenKen解答

全国天气预报 世界天气预报

今日 明日 周五 今日 明日 周五

22 / 14 35 / 27 30 / 27 33 / 25 22 / 13 25 / 14 19 / 13 26 / 14

阿姆斯特丹 雅典 曼谷 北京 柏林 布鲁塞尔 哥本哈根 法兰克福 30 / 25 33 / 20 44 / 31 26 / 15 31 / 21 35 / 23 32 / 27

21 / 14 34 / 27 30 / 27 38 / 28 27 / 15 24 / 13 22 / 15 28 / 15

S S T SH PC SH

25 / 17 35 / 26 32 / 26 37 / 28 31 / 20 27 / 14 26 / 17 32 / 19

T

香港 耶路撒冷 拉斯维加斯 伦敦 洛杉矶 马德里 迈阿密 27 / 19 34 / 27 27 / 23 31 / 26 32 / 25 28 / 16 41 / 33

PC

30 / 26 30 / 18 44 / 31 23 / 15 33 / 21 36 / 23 32 / 26

30 / 19 43 / 32 25 / 16 34 / 22 37 / 22 32 / 27

28 / 21 30 / 25 30 / 23 31 / 26 32 / 25 26 / 14 43 / 33

30 / 18 30 / 22 27 / 17 45 / 34

莫斯科 新德里 纽约 尼斯 奥兰多 巴黎 凤凰城 37 / 25 19 / 14 37 / 28 18 / 7 31 / 25

罗马 旧金山 首尔 新加坡 悉尼 东京 华盛顿

37 / 24 17 / 14 38 / 28 31 / 28 17 / 8 33 / 24

37 / 25 18 / 13 38 / 29 17 / 7 33 / 26

白天最高温 / 夜间最低温及天气状况 图例

C 多云 FG 雾 FR 冻雨 HZ 霾 NA 无数据 PC 少云 R 雨

RS 雨夹雪 S 晴 SN 雪 SF 雪花 阵雨 T 雷雨 W 大风

《环球邮报》中心 加拿大安大略省多伦多市国王街东351号1600室,M5A 0N1 416.585.5000 / GLOBEANDMAIL.COM

当我们请求他们帮助时,那座塔就静静地矗立在那里,倾斜着,仿佛已经观看了这场表演长达800年,对我们的努力完全无动于衷。

我们朝入口走去时,我的期待渐渐被忧虑取代。建筑物不该是倾斜的。这座塔看起来像是已经开始倒塌,却干脆决定将错就错。孩子们急切地拉着我往楼梯走,而我却在怀疑,在酷热中已经发软的双腿,是否能支撑我登上一座连站都站不直的建筑顶端。

“感觉这事要搞砸,”我对丈夫说。 “无论是比喻上还是字面上。”

他笑了。 我可不是完全在开玩笑。

楼梯螺旋向上,每一级大理石台阶都被数百年的游客磨得光滑。石墙在我手下冰凉,与室外的炎热形成了宜人的对比。塔身倾斜,里面的一切也随之倾斜。在踏上第一级台阶前,你就知道这一点。但知道和亲身体验完全是两回事。我的身体不断试图寻找本不存在的水平地面。每走几步,我就调整一次姿势,却又一次感到自己向另一个方向倾斜。

头晕目眩,却不愿承认,我放慢了脚步。但我仍在攀登。一部分是因为顶端近在咫尺,更多是因为我已经为此期待了太久,无法现在回头。

当我终于踏上——

S S T T PC PC

班夫 巴里 布兰登 卡尔加里 夏洛特敦 希库蒂米 丘吉尔 科纳布鲁克 康沃尔 埃德蒙顿 哈利法克斯

SH R

27 / 9 26 / 16 26 / 13 29 / 13 28 / 20 26 / 17 14 / 11 26 / 16 27 / 20 23 / 13 28 / 20

SH

27 / 11 25 / 17 26 / 14 30 / 14 29 / 19 28 / 19 18 / 11 25 / 15 29 / 20 25 / 13 30 / 18

R

25 / 8 29 / 18 24 / 11 27 / 10 29 / 19 29 / 17 13 / 11 18 / 13 29 / 20 24 / 14 30 / 18

汉密尔顿 亨茨维尔 伊魁特 贾斯珀 基洛纳 金斯顿 伦敦 蒙特利尔 尼亚加拉瀑布 北湾

26 / 18 27 / 15 10 / 4 24 / 10 33 / 16 26 / 20 26 / 19 25 / 19

C

28 / 19 23 / 16 8 / 3 28 / 11 35 / 18 25 / 20 26 / 18 29 / 21 27 / 20 22 / 15

28 / 18 7 / 4 27 / 9 34 / 13 26 / 22 29 / 18 29 / 21 26 / 17

渥太华 乔治王子城 彼得伯勒 魁北克 里贾纳 萨斯卡通 苏圣玛丽 圣约翰 七岛港 圣约翰斯 萨德伯里 22 / 12 23 / 13 27 / 15 26 / 13 30 / 14 24 / 11 26 / 15 15 / 11

27 / 18 27 / 13 25 / 12 28 / 18 27 / 18 22 / 15 18 / 13 27 / 16

28 / 14 28 / 13 26 / 12 25 / 16 27 / 16 22 / 17 15 / 12 26 / 15

C

28 / 11 27 / 17 24 / 13 23 / 16 18 / 12 25 / 16

桑德贝 汤普森 多伦多 瓦勒多 温哥华 维多利亚 惠斯勒 怀特霍斯 温尼伯 黄刀

23 / 15 17 / 11 29 / 16 21 / 17 22 / 14 18 / 12

26 / 20 24 / 14 30 / 16 26 / 12 28 / 15 17 / 11

订阅与技术支持 纸质版 1.800.387.5400 多伦多 416.585.5222 GLOBE 2 GO 1.866.232.0988 CIRCULATION@GLOBEANDMAIL.COM GLOBE2GO@GLOBEANDMAIL.COM GLOBEUNLIMITED@GLOBEANDMAIL.COM

编辑部办公室 416.585.5225 蒙特利尔 514.982.3065 渥太华 613.566.3600 卡尔加里 403.245.9100 埃德蒙顿 780.428.8261 温哥华 604.685.0308 哈利法克斯 902.471.9479

插图:TIA TAN

塔顶上,城市在我们脚下展开。赤陶色屋顶绵延至地平线。教堂的钟声在午后的空气中隐约飘荡。一阵微风拂过塔顶。在楼下令人窒息的酷热之后,这感觉非同寻常。我下意识地转向凉爽的空气,闭上了眼睛。

那天下午,我第一次觉得自己可能真的没事了。也许我已经设法撑了下来。在我下方,那场精心编排的活动仍在继续。又一个声音喊道:“不,是你的另一个左边。”

场景本身没有任何变化。变化的只是我看待它的方式。

我带着期待而来:照片、塔顶的风景、我们将带回家的记忆。我在脑海中构建了这一天的版本。唯一没有计划到的是,真正身处其中时的感受。

我原本想象的那天从未包括这样的酷热——或是我怀疑自己是否需要救护车,或是紧抓着古老的石墙试图说服自己没事。然而,这些才是我记住的时刻——不是因为它们按计划进行,而是因为它们没有。

当我们开始下楼梯时,我已经放弃了之前对这一天的设想。

最终,我原本想象的照片一张也没拍成。孩子们早已放弃摆姿势,更感兴趣的是找阴凉处和补充水瓶。

我看着他们。他们没有在想行程安排,或是这一天是否符合预期。他们只是在过这一天。

我一直试图创造一个完美的、值得回忆的一天,但其他人并没有为此所困。

还没走到最后一级台阶,孩子们已经在争论要吃什么口味的意式冰淇淋了。

卡桑德拉·布莱恩住在渥太华。

《第一人称》是每日读者投稿的个人文章栏目。有故事要分享?请参阅我们的投稿指南: tgam.ca / essayguide。

伊努维克 22 / 11 / S

怀特霍斯 25 / 10 / PC

耶洛奈夫 15 / 9 / R

圣约翰斯 18 / 12 / SH 埃德蒙顿 24 / 14 / S

里贾纳 24 / 11 / SH

温哥华 27 / 15 / S

波特兰(俄勒冈州) 29 / 19 / PC

丹佛 30 / 18 / S

拉斯维加斯 44 / 31 / S

凤凰城 41 / 33 / T

洛杉矶 31 / 21 / S

雪 雨 雷暴 冻雨

急流 暖锋 冷锋 锢囚锋 槽线

©The Weather Network

广告 免费电话 1.800.387.9012 安大略及曼尼托巴(渥太华除外) 416.585.5600 渥太华、魁北克、大西洋地区 514.982.3050 1.800.363.7526 加拿大西部 604.631.6608

《泰德·拉索》:新季度感觉像是在走过场

来自A12版

在新季度的第一集中,AFC里士满队老板丽贝卡·韦尔顿(汉娜·沃丁厄姆饰)、市场部主管基莉·琼斯(朱诺·坦普尔饰)和运营主管莱斯利·希金斯(杰里米·斯威夫特饰)前往堪萨斯城进行实地考察。他们还希望吸引泰德回归,指导女子球队学习“里士满方式”。在几年未在屏幕上露面后,再次与这些角色重逢起初颇为愉快。演员们都能以各自的方式展现幽默——斯威夫特饰演的希金斯总是一脸惊讶,尤为喜剧亮点。苏代奇斯饰演的泰德已摆脱焦虑,重新回归本色,俨然是体育教练版的内德·弗兰德斯,擅长使用异常乐观的措辞,并对老派嘻哈音乐有着非同寻常的深入了解。泰德在第三季末离开英格兰的原因——为了离年幼的儿子更近——

在第一集中轻松解决,他本人也让人乐于相处。但其他角色很快让人感到厌倦。丽贝卡和基莉之间的对话似乎只是为了展现两位女性无休止地相互支持。她们的场景中,每天24小时都充斥着“女老板时刻”的疲惫感。与此同时,基莉和前足球运动员罗伊·肯特(布雷特·戈德斯坦饰)——现任男子球队主教练——再次陷入“他们会不会在一起”的老套剧情,比以往更显刻意。这既无聊又可预见。本季的主要新角色是灰狗女子队临时教练爱丽丝·奇尔顿(塔尼娅·雷诺兹饰),她被反复描述为“不友好”,在《泰德·拉索》的世界里,这意味着她似乎总是不苟言笑。泰德被任命为主教练后,她递交了辞呈。无需剧透也能猜到这条剧情的走向。

另一集早期剧情中,女子球队突然因前锋、中场和后卫分成“小团体”。你觉得泰德会找到让她们团结的方法吗?《泰德·拉索》似乎只是在走过场。第四季似乎更热衷于让老角色重回荧屏,而非发展新角色。在前几集中,配角如运动心理学家莎伦·菲尔德斯通和记者特伦特·克里姆的台词比大多数女子足球运动员还多。本季的明确主题是“女子体育万岁!”,但潜台词却是:可惜泰德回去执教一群女孩,无法重返男子球队。这些情节既没有推动剧集发展,也未能真正提升职业女子体育的地位。

第四季似乎更热衷于让老角色重回荧屏,而非发展新角色。

伊魁特 7 / 4 / R

哈皮瓦利-古斯贝 24 / 14 / PC

丘吉尔 13 / 11 / SH

温尼伯 26 / 14 / T

渥太华 28 / 18 / S 蒙特利尔 28 / 19 / S

多伦多 27 / 20 / S

芝加哥 27 / 20 / T

华盛顿 31 / 25 / T

亚特兰大 30 / 21 / T

新奥尔良 33 / 26 / T 休斯敦 35 / 27 / S 迈阿密 32 / 27 / T

高管团队 埃琳·亚当斯 人力资源副总裁 凯西·坎宁安 首席财务官 苏珊·凯利 信息技术副总裁 肖恩·汉弗莱 市场营销、产品及数字体验副总裁 萨莉·皮里 印刷运营副总裁 杰西·兰登 总法律顾问 / 公司秘书副总裁 纳菲德·艾哈迈德 企业分析、数据科学及消费者洞察副总裁 乔纳森·德诺 收入副总裁

哈利法克斯 30 / 18 / S

波士顿 30 / 21 / S

-30

-30

-20

-10 0 10 20 30 40

圣胡安 33 / 27 / SH

2026年8月5日 星期三

1.

1 像智者 5 带来快乐 11 时尚的 14 每个 15 贝弗莉·克利里笔下的角色 16 “___你确定?” 17 劳工部长,例如 19 水管工的车辆,可能 20 平原部落 21 不赞成的音节 22 离开 23 T. ___ Price(投资公司) 25 “鳄鱼猎人”史蒂夫 28 北约字母表中Oscar之后的字母 31 一些无袖服装 35 伊斯兰领袖 36 歌手丽塔 37 离水之鱼 38 奥运圣火的状态,在开幕式期间 39 提供Wi-Fi的公共场所 41 音乐家的美德 42 4.2年,美国兄弟姐妹的平均间隔 44 西班牙语中的“南” 45 心智健全的 46 也被称为caquelons的烹饪器皿 48 戏剧之物? 49 故事 50 分发,如纸牌 52 美国职业棒球大联盟全明星赛的月份 54 与“conscious”连用的前缀 56 玉米 60 名称爱国的有线电视网 61 某种交叉路口……以及17、31、39和46横向中第二个单词的集合?

桥牌 作者:史蒂夫·贝克尔

南家发牌。 双方有局。

叫牌过程:

南家 西家 北家 东家 1♥ 不叫 2♦ 不叫 2♥ 4♥ 首攻——梅花Q。

谜题填字游戏

② ③ ④ ⑤ ⑥ ⑦ ⑧

②① ②②

②③ ②④ ②⑤

②⑦ ②⑧

③① ③②

③③ ③④

横向 1 野餐时吃的蛋糕、三明治等(6) 4 饮料携带者(6) 8 一只小虾,以及另一种动物(5) 9 从民谣中快速获取的乐器(7) 10 与老虎定期搏斗(3) 11 不要在墓旁停留(9) 12 北美人,百分之一(6) 13 共同主演——相似的人?(6) 16 我编织的陷阱、网,带有目的(2,7) 18 我的预言即将实现(3) 19 在战斗中将手推车拉回(7) 20 中心的红牌?(5) 22 学生放弃首个赚钱计划(6) 23 风寒使女性最初变蓝(6)

64 晨礼服 65 热情的 66 磨利 67 或VIP 68 悠闲地看 69 牛轭

纵向

1 贝勒大学所在地 2 浅色啤酒,简称 3 日本除夕夜的面条 4 简洁而机智的说法 5 以前,诗意地 6 杯中的创意 7 扩音器 8 接受应得之物 9 海军最低级军官:缩写 10 坐冷板凳 11 “放心” 12 1979年革命发生地 13 被困(up) 18 意为“新”的前缀 22 隐喻的弹珠 24 ___坐垫(恶作剧道具) 26 悔恨 27 法律命令 28 中东米饭菜肴 29 玻利维亚语中的“伙伴” 30 知识产权问题 32 牛仔竞技绳索 33 小型三角钢琴,例如 34 喉咙疾病 39 拖 40 侮辱性言论 43 澳大利亚问候语 45 引人注目的 47 虚假的开始? 51 《公园与游憩》中的波勒

© 新闻授权 / 泰晤士传媒有限公司

纵向 1 喝,父亲(3) 2 在辩论中受审的政党(7) 3 不体面地占据绰号(13) 5 飞行,例如,正确的飞行者(13) 6 最终广泛的股票范围(5) 7 那些领先者——第二队?(7-2) 9 令人麻木的经历,猪被报道?(4) 10 胜利的明显标志,信号(9) 14 国王被困在停电期间的愤慨(7) 15 拥有一些口头传统的郡(4) 17 用于烹饪苹果的树(5) 21 围绕脖子的固定物?(3)

编辑:戴维·斯坦伯格

52 乡村音乐中的怀诺纳或娜奥米 53 错误或界面的类型 55 机组人员 57 兰斯顿·休斯的经典作品

任何在桥牌桌上花过足够时间的人都能告诉你,防守方的日子并不好过。最轻微的失误可能意味着成功与失败的区别。 以这个案例为例,南北双方叫牌达到四红桃,西家首攻梅花Q。庄家用明手的K赢得,出一张红桃到Q,在Q站住后兑现A。南家随后打出方块K和一张方块到A,将吃一张方块,兑现梅花A并将吃一张梅花。接下来是另一张方块将吃,东家在这一墩垫了一张

数独难度等级:HHHII

填入数字,使每个由9个方格组成的行、每个由9个方格组成的列以及每个由3个方格乘以3个方格组成的九宫格内,数字19以任意顺序出现。每道谜题仅有一个解。

说明

KenKen

©2026 KenKen Puzzle LLC。KenKen是Nextoy, LLC的注册商标。 由Andrews McMeel发行 www.kenken.com

每行和每列必须包含数字16,且不重复。

58 崩溃,带“out” 59 击剑刀刃 61 “炸药!” 62 曲棍球传奇鲍比 63 吃了点心

黑桃,保留了剩余的梅花。东家这样做是为了在庄家接下来用红心K逼他上手时,能够出一张梅花,而不必被迫让明手的黑桃K赢墩。 如果西家专心致志,一切本会顺利。当庄家在将吃明手最后一张方块后出最后一张红心时,西家必须决定垫哪张牌。他知道庄家开局有5张红心、3张梅花和2张方块,因此剩下3张黑桃。西家选择保留3张黑桃,垫掉了最后一张梅花——8

灾难!当东家用红心K赢得这墩并回出梅花6时,家垫了一张黑桃。东家随后不得不让明手的黑桃K赢得最后一墩,使南家完成定约。 如果西家保留了那张“无用”的梅花8,他本可以赢得东家回出的梅花,并通过明手的K出一张黑桃,击败定约。看似无害的垫牌让他损失了720分,并带来极大的懊恼。 正如我们所说,防守方的日子并不好过。

©2026 King Features Syndicate Inc.

解答

昨日环球填字游戏

昨日密码填字游戏

3 ( 5 3 ( 1 ' , & 8 / $ 5 $ ( / $ + ( * / , ' ( ' , $ / ( & 7 2 7 * ' 5 8 ' , ( 7 $ 5 < 0 $ 1 2 5 5 1 / 8 1 $ 6 7 5 2 1 $ 8 7 6 7 * 2 9 ( 5 7 * 2 ' / , . ( , , 0 $ 7 + / ( 7 ( 7 : ( ( ' 2 $ ' 0 , 1 , 6 7 5 $ 7 2 5

S&P / TSX 35,801.59 +575.45

T

Telesat获$2.3亿加元军事合同 股价飙升近50%

SOPHIA BERTUZZI

Telesat Corp.和MDA Space Ltd.的股价大幅上涨,此前渥太华与这两家加拿大公司达成协议,在北极地区建立安全的军事卫星通信系统。

为捍卫北极主权,渥太华国防投资局向加拿大最大卫星运营商Telesat LEO ULC(Telesat的子公司)授予了一份价值高达$2.7亿加元的合同,以扩展其低轨道“光速”星座。

周二上午的公告推动渥太华Telesat股价上涨47%,收于$76.84。将为Telesat提供卫星的MDA Space股价上涨超过13%,收于$48.10。

“这是Telesat历史上最大的合同,将显著扩大Telesat Lightspeed网络的规模和容量,为公司加速增长奠定基础,”该公司在新闻稿中表示。

该合同为期15年,自2028年开始,并包括两个各价值约$200万加元的五年期选择权。公司表示,如果选择权被行使,初始合同价值$2.3亿加元将增至总计$2.7亿加元。

公司

TELESAT,B6版

电影融资人Jason Cloth被指控运营“庞氏骗局”

ALEXANDRA POSADZKI 金融与网络犯罪记者 多伦多

多伦多融资人Jason Cloth曾担任《小丑》和《豪斯古驰》等电影的执行制片人,安大略证券委员会指控其长期挪用逾$70万加元投资者资金,并掩盖其不法行为。

在周二资本市场法庭的结案陈词中,安大略证券委员会律师Hanchu Chen辩称,自2018年起,Cloth先生现已倒闭的公司Creative Wealth Media Finance Corp.运营着一个“仅通过庞氏式支付维持”的欺诈计划。

庞氏骗局是指向投资者分配的资金并非来自任何投资的实际价值,而是来自新投资者的资金——“换句话说,就是拆东墙补西墙,用彼得的钱还保罗,”Chen先生表示。

此次听证会是在Cloth先生上周在洛杉矶被捕后进行的。据美国伊利诺伊州北区检察官办公室消息,这位60岁的电影制片人被指控犯有七项电信欺诈罪。

欺诈案,B6版

COUCHE-TARD ....................... B9 雪佛龙 .............................. B2 麦当劳 .............................. B2 英伟达 ................................ B5 太空探索技术公司(SpaceX) ................................ B5 TELUS .................................... B9

S&P 500 7,736.52 +136.02

道琼斯 54,085.88 +907.47

科技巨头首次公开募股后首份季报亏损超$500万加元 但卫星互联网和人工智能业务实现增长 B5版

从货币交易员到财长:斯科特·贝森特押注疲软的日元

ALAN RAPPEPORT 华盛顿报道

美国财政部长斯科特·贝森特十多年前作为乔治·索罗斯的首席投资者做空日元赚取了$1亿加元。如今,他正利用美国经济的力量支撑日元。

但这一次,贝森特这样做是为了确保华盛顿的借贷成本不会进一步上升,并支持在“中国后院”摇摇欲坠的美国盟友。

美国和日本为稳定急剧贬值的日元展开协调行动,每次干预可能耗资$1或更多——

特朗普与加拿大的贸易战令美国酒业担忧宿醉后遗症

丽塔·特里丘尔

观点

美国酒业理所当然地对成为唐纳德·特朗普总统与加拿大贸易战中的棋子感到厌倦。

特朗普声称通过威胁从8月19日起对加拿大酒精饮料及其他产品征收新关税来捍卫美国利益。但许多美国葡萄酒、啤酒和烈酒生产商并不需要这种“帮助”。他们警告称,他最新试图在贸易谈判中对渥太华施压的做法也将对他们造成更大伤害。

美元 71.08 / 1.4068 -0.20 / +0.0039

纳斯达克 26,584.99 +671.09

[股市]

SpaceX营收飙升

自6月创下1.75万亿美元估值的历史性首次公开募股以来,SpaceX股价已下跌约8%。JEENAH MOON / REUTERS

上周晚些时候日元走软是财政部长在过去一年中第二次回归对冲基金经理的老本行,进行大规模货币押注。

此举展示了特朗普政府为在政治危机时刻保护美国经济免受全球市场波动影响所愿意采取的措施。

日元购买规模未予披露。

在周五的内阁会议上,一张贝森特的记事本照片——他此前曾表示会将其公开供媒体查阅——显示其“待办事项”清单上列有价值50亿至100亿美元的日元购买计划。

财政部上月发布的最新货币报告称,日元被严重低估,且该货币交易的过度波动“令人不安”。

货币分析师表示,美国动用其持有的欧元购买日元,在不削弱美元信心的情况下支撑了日元价值。

用美元购买日元可能会降低美元价值,并释放出美国传统强势美元政策转向的信号。

金融服务 不列颠哥伦比亚省亿万富翁 比迪购入Vistara Capital, 承诺向新基金投入1.25亿美元 B3

黄金(盎司) 4,152.60美元 +62.10

原油(WTI) 75.77美元 -4.57

这50%的关税将依据《1930年关税法》第338条征收。该法案又称《斯姆特-霍利关税法》,这项保护主义贸易立法旨在为华盛顿提供手段,与对美国产品不公平征收关税的国家算账。然而,特朗普却用其威胁一个已受委屈的贸易伙伴。

除酒精外,美国最近宣布的关税还将适用于其他一系列加拿大出口产品,包括曲棍球棒和水泥,无论其在《美墨加协定》下的地位如何。

一个名为“Toasts Not Tariffs Coalition”的美国行业组织认为,立法者应专注于恢复与加拿大的开放市场,并为依赖跨境贸易的美国企业提供确定性。

“最新公告凸显了一个令人不安的现实:酒精饮料和酒店业持续被卷入它们未曾挑起的贸易冲突中,”该联盟在回应总统即将实施关税的公告时表示。

特里丘尔,B4

经济 加拿大6月贸易顺差扩大至39亿美元, 疲软加元提振贸易额 B2

加拿大国债(10年期) 3.55% -0.11

环球投资者 标普500、道指及多伦多证交所指数 因强劲业绩及伊朗和平协议信号创下历史新高 B8

加拿大6月贸易顺差达39亿美元

疲软的加元提升了进出口价值, 但关税威胁可能阻碍这一势头

渥太华

加拿大统计局周二表示,由于疲软的加元推高了贸易价值,加拿大6月商品贸易顺差增至39亿美元。该机构称,这一结果与5月修正后的37亿美元顺差相比有所上升(初始数据为42亿)。

加拿大统计局指出,6月加元平均价值较5月下跌1.7美分,为自2022年10月以来最大的单月跌幅。该机构表示,疲软的加元推高了以加元计价的月度贸易价值。若以美元计价,6月出口下降2%,进口下降2.1%。

以加元计价,6月出口总额增长0.4%,连续第五个月上升,并创下775亿美元的历史新高。金属和非金属矿产品出口增长16.5%,部分得益于黄金出货量增加。出口总体增长在很大程度上被10%的——

白宫考虑对多晶硅设定价格下限

拟征收一系列关税以应对中国在太阳能和芯片领域的竞争

尼古拉·格鲁姆

据四名知情人士透露,特朗普政府正准备对多晶硅及相关产品设定价格下限并征收关税,将这一对太阳能电池板和半导体至关重要的材料置于美国与中国在人工智能和能源领域竞争的核心。预计将于本月晚些时候公布的这一决定,旨在保护由Hemlock Semiconductor和瓦克化学(Wacker Chemie)拥有的美国多晶硅工厂,免受中国在芯片供应链日益增长的野心影响。但唐纳德·特朗普总统对多晶硅进行的为期一年的国家安全调查(由商务部主导)也对不断壮大的美国国内太阳能制造业产生重大影响,而此时这位美国领导人已削减了联邦对可再生能源的支持。

多晶硅是一种超纯硅,位于半导体和太阳能制造供应链的起点。制造商将硅片加工成太阳能电池,再组装成用于太阳能项目的电池板。特朗普先生优先发展的国内半导体制造业依赖太阳能产业,因为太阳能产业对多晶硅的更大需求有助于支持芯片所需材料的生产。半导体行业协会表示,芯片行业占全球多晶硅需求的2.4%。

“他们发现实际上确实需要太阳能,”日本东洋株式会社(Toyo Co Ltd.)首席战略官罗恩·雷施(Rhone Resch)表示。该公司在休斯敦附近运营一家太阳能电池板工厂,并计划投资3.57亿美元在附近建设一家太阳能电池工厂。据知情人士透露,政府预计将采用一种混合体系,结合最低进口价格和对多晶硅及衍生产品征收关税。这些知情人士要求匿名发言。其中两名知情人士表示,该计划将允许投资美国晶圆和电池生产的进口商抵消与贸易保护相关的成本。

中国约占全球太阳能制造能力的80%。白宫一名官员拒绝在特朗普先生做出决定前置评。商务部未回应置评请求。中国驻华盛顿大使馆批评了这项贸易调查。“中方敦促美方尽快停止‘232条款’关税措施,并妥善——

麦当劳任命公司资深员工为美国业务新负责人,因销售未达预期

韦伦·坎宁安

麦当劳于周二更换了其美国业务负责人,此前该公司第二季度美国销售增长未达预期,首席执行官将其归咎于执行不力,削弱了吸引低收入消费者重返餐厅的努力,这些消费者已减少外出就餐。

这家巨无霸制造商任命Skye Anderson为新任美国业务总裁,接替Joe Erlinger。Anderson是一位拥有26年公司经验的资深员工,此前曾担任美国首席运营官。

7月30日,一艘集装箱船在不列颠哥伦比亚省三角洲的曼萨尼约桥被卸货。加拿大统计局表示,第二季度总出口增长13.1%,为2020年以来季度百分比增长最强劲的一次。DARRYL DYCK / 加拿大通讯社

加拿大通讯社

6月能源产品出口下降,因油价下跌。 6月总进口微升0.2%,至$73.6亿加元,主要由计算机及计算机外围设备进口激增59%所推动,如数据中心使用的处理单元。计算机及计算机外围设备的进口也是美国对加拿大出口增长的主要原因之一,进口额较上月增长232%。

“中方敦促美方尽快停止第232条关税措施,通过平等对话妥善解决各方关切,”一位发言人表示。贸易扩展法第232条授权总统限制被视为威胁国家安全的进口产品。特朗普此前曾利用该授权对包括钢铁、汽车和半导体在内的产品征收关税。自2022年国会设立税收激励措施以来,美国太阳能制造业已有所扩张。然而,这一增长主要集中在组件组装环节,制造商仍依赖进口晶圆和电池,这些环节需要更长的投资周期。包括丰田、Qcells、康宁、加拿大太阳能和T1能源在内的多家美国太阳能工厂所有者已宣布或开始在太阳能供应链上游建设设施,部分原因是为了满足与联邦清洁能源补贴挂钩的“美国制造”严格要求。太阳能制造商美国协会及美国两党议员在向商务部提交的评论中指出,在国内多晶硅、晶圆和电池生产扩大之前,仍需从非中国生产商(如韩国OCI Holdings和德国瓦克在马来西亚和德国的工厂)进口产品。位于密歇根州的Hemlock是康宁与日本信越半导体的合资企业。总部位于慕尼黑的瓦克在田纳西州设有工厂。“没有多晶硅,价值链的下一步(晶圆和芯片或晶圆和太阳能电池)就无法实现,”瓦克在一份声明中表示。康宁拒绝置评。特朗普政府必须在支持国内生产商和避免推高芯片及太阳能电池板成本之间寻求平衡,这些产品在数据中心热潮中需求旺盛。代表太阳能开发商和半导体买家的行业组织已警告政府,关税可能会提高太阳能发电厂的成本,并推高包括消费电子产品和汽车在内的产品价格。甚至一些制造商也担心其产品需求受到影响。“如果成本过高,市场可能会开始出现项目搁浅,”明尼苏达州面板制造商Heliene的首席执行官Martin Pochtaruk在采访中表示。他称太阳能行业在这场以芯片为重点的贸易调查中是“附带损害”。

路透社

麦当劳美国业务即时生效,由玛妮·安德森接任。 首席执行官克里斯·肯普钦斯基在财报电话会议上称安德森女士为“变革推动者”,能够“释放美国市场的卓越表现”。厄林格先生于2002年加入公司,自2019年起担任麦当劳美国总裁,将继续留任顾问,麦当劳在声明中表示。 安德森女士将负责监管美国约14,000家餐厅,这是公司最大的市场,同时她将推动麦当劳名为“麦当劳NEXT”的新转型战略。 华尔街部分人士将此次领导层变动解读为高层的不耐烦迹象。花旗分析师表示,这一任命表明管理层对近期表现感到不满。道明考恩分析师写道,公司期待安德森女士在9月投资者会议上提出加速客流量和改善加盟商现金流的计划。 美国同店销售额在本季度增长0.8%,低于华尔街预期,主要受驱动因素影响。

该机构表示,出口增长了三个百分点。以数量计算,总出口增长1.1%,而进口下降1.5%。与此同时,加拿大统计局表示,第二季度总出口增长13.1%,为2020年以来最强劲的季度百分比增幅。加拿大统计局称,近半数增长来自能源产品出口增加,因中东冲突导致油价上涨。汽车及零部件出口也增长19.3%,此前已连续两个季度下滑。 “6月的数据证实,出口量从2025年低点进一步反弹似乎是主要驱动因素

大型石油公司持续公布创纪录利润,伊朗冲突推高油价

纽约

大型石油公司继续录得巨额利润,因伊朗冲突扰乱能源市场,推动油价和汽油价格大幅上涨。

欧洲六大石油公司公布的第一季度综合利润达220亿美元,较去年同期增长逾40%。总部位于伦敦的BP公司周二表示,其二季度利润增至39亿美元,较去年同期翻了一番。

沙特阿美报告其二季度净利润同比增长44%,达到326.9亿美元,受原油、精炼产品和化学品价格上涨推动。

欧洲和中东大型石油公司的强劲表现,与上周美国大型石油钻探商公布的巨额利润相呼应。

随着冲突持续,高油价推高了汽油、航空燃油和柴油成本,进而导致运输成本上升。在西方国家,加油或购买机票让消费者付出更高代价。但在亚洲部分地区,情况更为严峻,因该地区更依赖通过霍尔木兹海峡出口的燃料。

部分国家燃料供应短缺,导致定量配给,学校和政府办公室时有关闭。

尽管油价周二跌至三周来最低水平,美国大型能源公司仍引发了唐纳德·特朗普总统的不满,他本周批评这些公司获利过高。

特朗普表示对雪佛龙和埃克森美孚不满,尽管能源价格飙升是在2月下旬美国和以色列对伊朗发动攻击,且霍尔木兹海峡实际上已对油轮关闭之后。

全球约20%的石油通常通过该海峡运输。

“他们赚了太多钱,

欧洲和中东大型石油公司的强劲表现,与上周美国最大型石油钻探商公布的巨额利润相呼应。

特朗普先生周一表示:“他们赚的钱太多了。他们应该把其中一些还给公众,而且最好降低零售价格。”

埃克森美孚周五报告称,其二季度利润翻倍至140亿美元,得益于柴油产量创纪录。这家总部位于得克萨斯州斯普林的石油巨头收入达1160亿美元,同比增长42%。总部位于休斯敦的雪佛龙利润几乎翻了两番,达到120亿美元,收入增长56%,超过700亿美元。

周二,美国原油价格下跌5.4%,即每桶下跌4.36美元,至每桶75.98美元。此次急剧下跌是在财政部长斯科特·贝森特发表评论后出现的。他告诉CNBC,美国和伊朗“可能在今天或明天达成协议,开放霍尔木兹海峡”。

美国原油价格已从7月下旬的每桶约92美元下跌,但仍比伊朗冲突开始时高出13%以上。作为国际标准的布伦特原油下跌4.9%,至每桶83.87美元。

伊朗冲突已持续五个多月,一旦达成解决方案,可能使石油运输商能够将油轮及其他产品运输船只从波斯湾驶出,此前这些船只在冲突期间受困。

今年以来,主要石油公司的股价上涨了约20%至30%,远超标普500指数13%的涨幅。

美联社

其“K-Pop恶魔猎人”联动、新推的超值套餐及与国际足联相关的促销活动让餐厅员工不堪重负,导致顾客等待时间过长而不满。他还表示,这些营销活动过于密集。

“当你同时推出这么多信息时,很难突出重点,”肯普钦斯基先生说,并补充称公司正“认真审视下半年的日程安排”。

(注:本页内容以原文截断处为准,未完整句子不予补充。

不列颠哥伦比亚省亿万富翁瑞安·比迪入股Vistara Capital

肖恩·西尔科夫 科技记者

温哥华亿万富翁瑞安·比迪(Ryan Beedie)已购入加拿大最持续成功的科技金融公司之一——Vistara Capital Partners Ltd.的一半股权,该公司由他的朋友兼前私人基金经理兰迪·加格(Randy Garg)管理。

比迪先生还将作为新Vistara基金的主要投资者,该基金计划于今年秋季启动。他的Beedie Capital部门已承诺为该基金提供四分之一的资金,即高达1.25亿美元,占其5亿美元目标规模。Vistara上一只基金(第五期)于2025年筹集了3.21亿美元

这一基金承诺将成为比迪先生在其核心房地产业务之外的第二大投资:他曾投资超过1.9亿美元购入上市公司Artemis Gold Inc.的29%股权(现价值22亿美元)。比迪先生的非房地产投资总价值约为40亿美元。他还是大温哥华地区最大的工业地产开发商,并在住宅公寓市场占据重要地位。

总部位于温哥华的Vistara是近期多家向外部投资者开放普通合伙人权益的加拿大私募资本管理公司之一,其他公司包括Georgian、加拿大Power Corp.旗下的Sagard、TorQuest Partners和One9。加格先生在采访中表示,Vistara的出售合伙人将把未公开的收益投入新基金。通过入股合伙企业,Beedie Capital将分享Vistara在新基金投资中20%的收益,以及其年度管理费。

Beedie Capital近期还入股了另外两家私募资本管理公司,包括多伦多私募股权公司Boardwalk Capital,并表示对更多此类交易持开放态度,比迪先生表示。他与Beedie Capital负责人戴维·贝尔(David Bell)还讨论过发起一只管理第三方资金的基金。“我们还没有完全准备好,”比迪先生说。“拥有Vistara的一半权益在某种程度上满足了这一需求。他做得很好,我们与兰迪合作也很成功。我们对他非常有信心。”

加格先生和比迪先生将这笔交易称为“一场归家之旅”(A Sort of Homecoming),以向他们最喜爱的乐队U2致敬(《一场归家之旅》是该乐队专辑《The Unforgettable Fire》的开场曲)。两人于1991年在不列颠哥伦比亚大学攻读工商管理硕士期间结为朋友。加格先生进入风险投资领域,而比迪先生则加入了其已故父亲基思·比迪(Keith Beedie)创办的房地产业务。到2010年,加格先生希望填补科技融资市场中银行债务与风险资本之间的空白,通过向私营软件公司提供信贷并获得额外的股权激励(如未来购股权证或可转换债务)。与此同时,比迪先生正考虑多元化其投资组合——

Beedie Capital 与他合作创立了 Beedie Capital,由加格先生负责管理其朋友的非房地产资产,并专注于他希望进行的混合债务-股权科技交易。加格先生于 2015 年离开,创立了 Vistara 以继续推行相同的投资策略,他将其描述为“覆盖下行风险、获得等待回报,同时争取上行空间”。

Beedie Capital 为 Vistara 的五只基金提供了锚定支持,承诺投入近 10 亿美元募资总额中的 $140 百万美元。它还与 共同投资,使 Beedie Capital 成为一个多策略另类投资平台,支持私募股权基金、科技公司、矿业公司及并购交易。

的基金表现持续稳健,整体平均年化净回报率达 14%。其前三只基金已全额返还投资者本金,在科技金融市场持续低迷的背景下脱颖而出。 从未在任何交易中亏损;去年,其三只基金跻身全球规模低于 $500 百万美元的私募信贷基金前 10 名,据资本市场情报网站 PitchBook 数据。

新基金名为 Growth Structure Opportunities Fund,对该资产管理公司而言是一次轻微转型。它仍将以约 $20 百万至 $30 百万美元的规模投资于年收入超过 $10 百万美元的企业对企业(B2B)软件公司,提供其标志性的混合债务-股权融资。与 以往封闭式、期限固定的基金不同,新基金将采用永久性开放式结构。这意味着投资者可持续申购或赎回份额,而 则在持有投资的期限上获得更大灵活性。

“每两年募集一只新基金相当耗费精力,”加格先生表示。他称 的忠实投资者“热爱我们的基金,但不喜欢跟踪资本召集、分配等繁琐流程。许多人只想要一种‘设定后即可遗忘’的投资方式。”

为避免其他私募信贷基金遭遇的赎回潮,赎回的投资者将被冻结份额,并随 退出底层资产时获得支付。“这不是即时的‘卖出按钮’,而是一种更为简洁的退出方式,”加格先生说。他还希望更大的基金规模能吸引机构投资者;目前 募集的大部分资金来自家族办公室、基金会及超高净值个人,主要在不列颠哥伦比亚省。加格先生还希望更多关注加拿大本土交易;目前约 80% 的交易发生在美国。

尽管科技行业近期动荡,Beedie 先生表示“现在正是部署资本的良机”。“估值已重新调整。我认为人们更加关注盈利能力和明智的资本配置,而行业也因此更适合信贷或下行保护型投资。”

L

观点

观点

观点与分析

政府不想让你知道

乳制品行业正在美墨加协定谈判中进行游说

虽然加拿大的贸易谈判代表需要保密, 但试图影响谈判结果的特殊利益集团则不应如此

马特·马隆

滑铁卢国际事务学院学者, 《开放政府,秘密加拿大:其他国家公开的信息》作者

去年,当联邦政府邀请加拿大人就美墨加协定的运作分享意见时, 有5,143名利益相关者响应了这一号召。 在其调查结果的总结中,渥太华指出,加拿大社会的各个阶层—— 企业、行业协会、工会、个人、公民社会和原住民团体—— “强烈支持维护加拿大在乳制品、家禽等领域的供应管理体系

特里丘尔:美国生产商担忧升级的贸易战将抑制酒类在加拿大的销售

详见B1版

然而,美国的酒类生产商已经感受到切肤之痛。 “在过去一年多的时间里,美国葡萄酒和烈酒出口商在加拿大面临重大损失, 因为美国产品被从全国各地的零售货架上撤下,切断了我们最重要的出口市场之一的通道,” 该联盟在声明中补充道。 然而,特朗普似乎对其不合逻辑的贸易政策给美国行业造成的经济损失无动于衷。 甚至连美国行业自身也承认,各省和地区对美国酒类的抵制之所以发生, 仅仅是因为特朗普挑起的无端贸易战。 本不必如此。在2025年3月这些禁令开始之前, 加拿大一直是美国葡萄酒的最大出口市场,也是美国烈酒的第二大出口目的地。 但加拿大从美国进口的酒精饮料在2025年3月至2026年2月的12个月里暴跌了约81%, 降至1.37亿美元,白宫的数据显示。 与此同时,该联盟援引数据称,美国对加拿大的葡萄酒出口从2024年至2025年下降了78%, 仅这一类别就导致出口价值损失3.57亿美元。 加拿大占美国葡萄酒全球出口损失的80%以上, 使2025年成为“美国葡萄酒出口史上最具灾难性的单年贸易中断”。 痛心。

我把头发染成粉红色,老板威胁要解雇我

朝九晚五

问题

我在一家制造公司担任送货司机。我把头发染成了霓虹粉红色,现在老板威胁说如果我不把头发染回原来的颜色,就要解雇我。他说因为我是面向客户的角色,需要与客户互动,所以必须保持得体形象。但我只是送货到工厂,那里的人并不在意形象,每个人都脏兮兮的。公司的雇佣合同或着装规定中并没有明确禁止鲜艳的发色。如果我不服从这个要求,真的会被解雇吗?

鸡蛋是“食物主权的支柱”。 但实际提交的材料却讲述了一个截然不同的故事——关于一场不平衡的政策影响努力。 约90%的提交材料(4,572份之5,143份)来自乳制品特殊利益集团或参与信件写作活动的乳制品农民,试图影响联邦政府的贸易立场。我是通过提交《信息获取法》申请才了解到这一点的。 公众得到的只是一份不透明的咨询总结,无法明确了解任何具体意见的来源。与卡尼政府在与美国贸易中的许多做法一样,其态度是保密且“需要知道”的。 这种做法混淆了两件截然不同的事情:一方面,我们的贸易谈判代表在与好战的特朗普政府进行有效谈判时所需的必要保密性;另一方面,特殊利益集团试图影响我们的谈判代表时采取的不必要保密性——

加拿大威士忌陈列在加利福尼亚州一家Total Wine商店的货架上。美国总统唐纳德·特朗普威胁要对包括酒精饮料在内的多种加拿大产品征收50%的关税。HEATHER DIEHL / GETTY IMAGES

该联盟已花费数月时间警告特朗普政府,其保护主义贸易政策可能对美国品牌在加拿大造成永久性损害。 “此次贸易争端对美国酒精品牌在加拿大造成的重大损害将对美国生产商产生持久的负面影响,”该联盟在致美国贸易代表的信函中写道——

根据所提供的事实,以正当理由解雇你——无需通知或支付代通知金——将难以成立。 雇主有权制定并执行关于职业形象的合理政策和指导方针,尤其是对于与客户打交道的员工。 当员工的外表不符合常规(如霓虹粉红色头发)时,往往会引发争议。 雇主是否可以坚持要求你改变发色,并在你不服从时终止雇佣关系,取决于多个因素:如老板的要求是否基于合法的商业利益,你是否知晓该期望,以及老板的要求是否与真正的商业关切相关。 这应在政策中明确规定,或通过明确传达的期望进行沟通,并保持一致执行,同时附有明确警告:拒绝可能导致纪律处分及持续

服务。这是一个政策设计问题。试图对贸易谈判者施加影响的特殊利益集团必须默认接受透明度监督。那些游说政府采取特定贸易立场的人应公开行事。然而,政府却过于频繁地在暗中提供便利。

加拿大人不应对这种治理方式习以为常。我们在联邦人工智能战略的制定过程中也见识过这一点。当时,联邦政府决定不公布其收到的关于是否或如何管理人工智能的意见;相反,联邦政府仅使用人工智能对这些咨询进行了总结。

同样,美墨加协定(USMCA)咨询的《我们听到的声音》报告也仅对利益相关者的观点进行了概述。

我获得的乳制品特殊利益集团及个人的信件主张:“在即将到来的谈判中,绝不能做出任何新的乳制品让步。”

这可能是也可能不是我们的贸易谈判者在与美国和墨西哥的谈判中值得坚持的立场。但今年4月,众议员詹米森·格里尔(Representative Jamieson Greer)表示,美国生产商理所当然地担心,不断升级的贸易战将削弱美国酒精饮料在加拿大市场的竞争力和长期销售。

包括安大略省、魁北克省和不列颠哥伦比亚省在内的大多数省份都坚持抵制。阿尔伯塔省和萨斯喀彻-

拒绝可能导致纪律处分,甚至被解雇。但根据你描述的情况,雇主很难以“仅仅是霓虹粉色头发”为由证明解雇的正当性。

即使你没有严重过错,雇主仍可能决定终止你的雇佣关系。在这种情况下,根据你的合同和法律权利,你有权获得工作通知或代通知金。

实际的下一步是要求雇主指出具体的业务担忧,并探讨妥协方案——例如在送货时用帽子遮盖头发。如果威胁升级,请咨询劳动律师。

加拿大人有权知道哪些特殊利益集团试图影响我们的谈判者——以及在哪些议题上。

这样做有助于纠正代议制政府的固有局限,并确保最终与美国达成的任何贸易协议尽可能反映公共利益而非私人利益。

尽管许多加拿大人愿意给予总理及其代表相当大的回旋余地,以应对特朗普政府的反复无常,但他们也明白,保密是政府隐藏腐败、管理不善以及任何不愿向纳税人公开的行为的手段。

这种紧张关系在加拿大与美国签署的开通戈迪·豪国际大桥的协议中也有所体现。该协议最初的保密内容后来成为总理发布信息的主题,而这些信息随后被客观报道直接驳斥。

尽管有人可能会警告在谈判期间过度透明的风险,

与此同时,阿尔伯塔省和萨斯喀彻温省正面临新的呼吁,要求根据即将实施的第338条关税重新审视其禁令。此外,其他同样受美国贸易政策影响的国家,如墨西哥,正急于为其酒精出口寻找新市场。

安大略省的梅斯卡尔酒选择更多了?我举双手赞成。真正的危险在于,加拿大消费者

然而,此类规定不得违反保护员工免受基于特定受保护特征歧视的人权立法。

拥有彩色头发本身并非受保护特征,因此不受人权立法的保护。

尽管如此,当头发颜色与受保护特征(如种族、宗教或年龄)相关时,人权立法可能适用。例如,禁止员工拥有灰色或白色头发的规定,可能构成基于年龄的歧视,而年龄是受保护特征。

是否可以因与人权立法不保护的原因改变头发颜色而被解雇?可以,但解雇的后果取决于具体情况。

如果存在明确的着装规范或政策,且已向所有员工明确传达并一贯执行,且员工已被警告并获得纠正机会,但员工仍拒绝或忽视遵守着装规范,则可能构成有因解雇,无需提前通知或支付代通知金。若缺乏上述因素,员工仍可能被解雇,但属于无因解雇,员工有权获得通知或代通知金。

若您在工会化工作场所,请咨询工会,因可能适用其他考量。魁北克的法律可能有所不同。

辛西娅·拉扎尔,劳动与就业律师、工作场所调查员,泰勒·麦卡弗里律师事务所,温尼伯

由于此举可能向美国暴露我方谈判底牌,我方谈判代表的策略与特殊利益集团的诉求截然不同。美国本身已公开美墨加协定(USMCA)咨询方的意见。

此外,加拿大整个信息获取系统——其中大量敏感文件(包括内阁机密)在编辑前以原始形式上传——使用的是美国软件 Granicus 的 AMANDA 解决方案。在上次联邦选举中,卡尼承诺对该系统进行“客观”审查;但迄今为止,他尚未兑现这一承诺。

这种保密的结果是,普通加拿大人被蒙在鼓里。若加拿大希望达成最佳协议,我们必须在为贸易谈判代表提供保密磋商空间的同时,限制试图影响其工作条款的特殊利益集团。由于公众对特殊利益集团的游说缺乏了解,便无从制约不当举措。

加拿大人正在学习适应没有心仪的美国产品。饮酒者正在寻找无需牺牲尊严的加州葡萄酒和肯塔基波本威士忌替代品。尽管加拿大人乐于为美国酒类生产商拥抱自由贸易精神举杯,但我们无法如愿。事实上,有些人可能再也不会回头。

SpaceX收入因Starlink强劲增长而激增

马斯克公司股价 盘后交易下跌4%, 每用户平均收入下降22%

阿卡什·斯里拉姆

SpaceX周二表示,自上市以来的首份财报显示,季度收入几乎翻倍, 运营亏损大幅收窄,得益于其Starlink卫星互联网和AI业务的强劲增长。 该公司报告4月至6月收入为78亿美元,而去年同期为41亿美元。运营 亏损收窄至1.43亿美元,而去年同期为9.7亿美元,因Starlink的运营收入增长了79%。 但随着SpaceX进入更多国际市场并推出更低价格的套餐,每用户平均收入较去年同期下降了22%。 SpaceX股价在盘后交易中下跌4%。在财报发布前,该股票在常规交易中上涨了9.4%。 第二季度收入超出了路孚特(LSEG)数据预期的69.3亿美元。 该公司在截至6月30日的三个月内,归属于股东的净亏损为5.41亿美元。

AMD预计收入超出华尔街预期,得益于芯片需求强劲

ANHATA ROOPRAI MAX A. CHERNEY

Advanced Micro Devices Inc.周二预计季度收入将超出华尔街预期,依赖于其芯片在大规模数据中心扩容以支持人工智能技术方面的强劲需求。

SpaceX的星舰和超重型v3助推器上个月从德克萨斯州Starbase的SpaceX发射场进行第13次试飞。STEVE NESIUS / REUTERS

路透社

路透社

该公司表示已在人工智能基础设施、星舰和星链扩展上投入了183.7亿美元。该公司股价自6月创下纪录的首次公开募股以来已下跌8%,当时公司估值约为1.75万亿美元。随着SpaceX的IPO后锁定期将于周四开始到期,股价可能面临来自内部人士和早期投资者抛售股票的额外压力。

然而,其股价在盘后交易中下跌超过7%,表明在今年股价因人工智能乐观情绪而翻倍后,投资者期待更强劲的前景。

“AMD目前与英伟达和超大规模云服务商处于类似位置,投资者正在寻找证据证明人工智能基础设施投资将持续转化为加速回报,”Emarketer分析师Jacob Bourne表示。

这家总部位于加利福尼亚州圣克拉拉的公司被视为芯片巨头英伟达在图形处理器市场的最接近竞争对手,因为全球主要科技公司和政府正在加大对人工智能基础设施的投入。

该公司已加快人工智能产品发布步伐,并从销售单个芯片扩展到提供结合处理器、网络设备和相关硬件的整体人工智能系统,为客户提供集成的人工智能基础设施选项,从而更好地与英伟达的机架级产品竞争。AMD预计第三季度

其卫星互联网部门继续扩大全球用户基础,得益于额外卫星的发射以及消费者、企业、航空、海事和政府服务范围的不断扩大。投资者正在关注SpaceX能否在改善网络经济性的同时保持增长,尤其是在其大举投资扩大覆盖范围、提升容量和开发直连设备移动服务之际。

SpaceX的人工智能业务(包括xAI、Grok和社交媒体平台X)以及快速扩张的数据中心运营,一直是其最大的投资领域。该业务通过与Anthropic、Alphabet旗下的谷歌和Reflection AI的计算合同产生收入,尽管部分经常性收入尚未确认。人工智能业务的运营亏损不断增加,SpaceX已警告称,人工智能部门在能够持续盈利之前仍需持续投资。

SpaceX的下一代可重复使用火箭系统星舰尚未投入商业服务,但预计将能够部署更高带宽的星链卫星和轨道人工智能计算基础设施。该公司将星舰转化为可靠可重复使用运载工具的能力是其长期战略的核心。投资者密切关注测试进展、发射频率、可重复使用里程碑以及该运载工具的卫星部署能力的更新。

此外,SpaceX表示已与英伟达合作,在Starmind AI1轨道计算卫星中使用其芯片。

收入约为130亿美元, 上下浮动3亿美元, 而分析师预计为125.2亿美元, 数据由LSEG汇编。

AMD还预计调整后毛利率约为56%, 与预期基本一致。

货币:贝森特称美国将毫不犹豫参与新的联合干预

自B1版

自B1版

“拥有稳定的日元非常重要,”贝森特先生周二在CNBC上表示。“日本政府对此心知肚明,我们很自豪能与他们站在一起,执行他们的政策,帮助稳定该地区。” 贝森特先生表示,美国不会犹豫是否参与另一次联合干预,并警告称日元进一步走弱可能导致人民币和韩元贬值。他补充说,他对日本正在推行稳健的经济政策有信心。 在周日宣布干预时,贝森特先生呼吁扩大美联储为外国和国际货币当局设立的回购协议工具,该工具于2020年设立。目前,持有美国国债的央行可通过该工具借入最高600亿美元,以增强其美元持有量。 美联储的这一工具旨在帮助维护美国债券市场的平稳运行。直接支持日元的决定——近期日元兑美元汇率跌至40年来低点,跌至1美元兑164日元——似乎是出于对债券市场的考虑。 近几个月来,美国的借贷利率有所上升,而作为美国债务最大持有国的日本,本可能需要出售美国国债以支——

欺诈:仲裁庭批准律师申请解除担任制片人代理律师

每项指控最高可判处20年联邦监禁。 陈先生表示,克洛斯已获保释。美国检方对他的指控尚未在法庭上得到证实。 在安大略证券委员会(OSC)下属的独立部门资本市场仲裁庭(负责根据《安大略证券法》举行听证会)的庭审中,尚无人代表克洛斯先生出庭。 在周二的听证会上,芬顿律师事务所的律师安德鲁·瓜格里奥提出动议,要求解除担任克洛斯先生的代理律师,理由是“律师与委托人关系破裂”。 仲裁员表示,瓜格里奥先生在听证会上主要是以观察员身份出席。 仲裁庭考虑到克洛斯先生被捕一事,曾短暂休庭,但最终决定继续审理,并附带若干条件批准了瓜格里奥先生的动议。 在周二听证会结束时,仲裁庭保留了裁决权,将择日宣布决定。 克洛斯先生无法联系置评。 OSC指控称,在2013年至2022年间,克洛斯先生及其总部位于多伦多的公司从加拿大和美国数百名投资者处筹集了超过5亿美元,用于向电影、电视和动画制作人提供贷款。 创意财富公司与投资者签订了两类合同:一是为特定媒体项目筹集资金的参与协议,二是将多个项目打包为系列的担保贷款承诺协议。借款人需支付贷款金额一定比例的手续费。 OSC指控称,被监管机构称为创意财富公司“主导人物”的克洛斯先生,通过将超过7000万美元挪作他用的方式欺诈投资者。

OSC指控称,在2013年至2022年间,克洛斯先生及其公司从加拿大和美国数百名投资者处筹集了超过5亿美元,用于向电影、电视和动画制作人提供贷款。

渥太华推动将西海岸管道列为“国家利益”项目

戴维·巴克斯特 渥太华报道

联邦政府正在推进将一条拟建的通往西海岸的石油管道指定为“国家利益”项目的程序。

根据《建设加拿大法案》,将项目列为国家利益项目可加快审批流程,并规避部分环境法规。

加拿大《公报》8月1日发布的公告设定了9月18日的意见提交截止日期,以征询对该国家利益指定的意见。

该拟建管道已被提交至政府的重大项目办公室,阿尔伯塔省政府被列为项目发起方。该管道将由Trans Mountain公司、阿尔伯塔省石油营销委员会和Pembina Pipeline Corporation共同拥有。

美国财政部长斯科特·贝森特7月在马里兰州戴维营参加内阁会议时,面前的记事本上写着“待办事项:购买日元50-100亿美元($5-10 bil)”。DANIEL HEUER / REUTERS

以支撑其货币。此举可能推高美国利率,而特朗普政府担心抵押贷款和汽车贷款利率上升会影响中期选举选民的情绪。

“我们知道美国政府对财政部市场动向的敏感度极高,”布鲁金斯学会经济研究高级研究员罗宾·布鲁克斯表示。

布鲁克斯称,他不同意贝森特关于日元被低估的观点。他认为支撑日元只是一种临时性的修补措施,无法解决日本的根本经济问题。

“日元疲软并非因投机者导致其被低估,”布鲁克斯表示,“日元疲软且持续走低,是因为日本的公共债务过高。”

哥伦比亚线程针投资公司(Columbia Threadneedle Investments)的投资组合经理埃德·阿尔-侯赛尼表示,特朗普政府决定援助日本有政治因素考量。随着日元走弱,日本首相的支持率已大幅下滑——

电影《巴比伦》2023年在伦敦首映式上,制片人杰森·克洛斯(Jason Cloth)出席并接受摄影师拍照。克洛斯被指控涉嫌欺诈。SCOTT GARFITT / AP PHOTO

具体金额尚未披露。

例如,安大略证券委员会(OSC)的申请显示,2018年至2021年间,Creative Wealth据称向一家房地产开发商提供了超过5000万美元贷款,用于在金斯顿建造联排别墅,但未签订任何书面协议,也未告知投资者。

该证券监管机构还指控,在某些情况下,Creative Wealth为特定项目筹集的资金金额超过了实际贷出或协议中规定的金额。例如,该公司为电影《别留痕迹》(Ben Foster主演)筹集了370万美元,尽管协议中规定该项目的最高筹资额为250万美元——

该拟建管道已被提交至政府的重大项目办公室,阿尔伯塔省政府被列为项目发起方。管道将由Trans Mountain公司、阿尔伯塔省石油营销委员会和Pembina Pipeline Corporation共同拥有。Pembina公司在该项目建设中持有10%的所有权股份,并有权在管道投入运营后额外购买1%的股份。

政府公告称,政府间事务部长多米尼克·勒布朗将与阿尔伯塔省和不列颠哥伦比亚省政府合作推进该项目。

朱莉娅·莱文是环境保护组织Environmental Defence的副主任,她批评政府悄然启动这一程序,称——

在周二的听证会上,陈先生宣读了克洛斯先生于2023年6月被迫接受问询的笔录。在其中一段对话中,克洛斯先生表示,他没有将房地产交易的真实情况告知投资者,因为担心他们会急于撤资,导致他无法偿还哪怕$1的资金。

“克洛斯先生坦承,如果被告没有从事欺诈行为或作出虚假陈述,就不可能有任何偿还能力,公司也会倒闭,”陈先生说道。

他指出,安大略证券委员会的证据表明,投资者因涉嫌欺诈遭受了“实际损失”——其中一些损失高达数百万美元。

创意财富公司最终于2023年10月破产。安大略证券委员会正寻求对该公司及克洛斯先生作出裁决,包括要求克洛斯先生退还其通过违反安大略证券法所获的全部资金,并为每项违法行为支付最高$100万的行政罚款。

该监管机构还要求法庭禁止克洛斯先生及创意财富公司参与安大略省资本市场。

日元走弱推高了日本的生活成本。美国一直寻求加强与日本的关系,以应对与中国日益激烈的竞争。日本也致力于深化与美国的关系,去年承诺向美国制造业投资超过5000亿美元。

“看看日本高市早苗的支持率,以及日本对美国投资$500亿的承诺,就能明白一切的时机选择,”阿尔-侯赛尼先生说道。

上一次美国直接干预汇率

Telesat

该协议将使 Telesat 的 Lightspeed 卫星网络增加 69 颗卫星,这些卫星由蒙特利尔的 MDA Space 制造,将 完全资助的卫星总数从 156 颗增加到 225 颗,并使 MDA Space 与 的合同总价值增加 4.74 亿美元。 总裁兼首席执行官 Dan Goldberg 表示:“这份合同确保加拿大武装部队能够比原计划提前数年获得安全、弹性和主权的连接能力。” 这些卫星将由 SpaceX 使用“已确保”的猎鹰 9 号火箭发射,此外还有一枚猎鹰 9 号火箭“仍需完成发射服务协议”, 表示。 在新闻稿中称:“该计划预计将在加拿大创造并维持数千个高质量就业岗位,推动国内出口,并确保加拿大站在新太空经济的前沿。”

MDA Space 首席执行官 Mike Greenley 表示,这些卫星将在北部地区发挥重要作用。“在北极地区,可靠的军事通信对于保护加拿大主权、保持态势感知、与盟友协调联合行动以及快速应对紧急情况至关重要,因为在该地区每一分钟都至关重要,”Greenley 先生在公司新闻稿中表示。

该合同标志着渥太华增强卫星通信项目——极地(ESCP-P)的首个重大投资。国防部表示,ESCP-P 的总资金范围将超过 50 亿美元,为武装部队提供北极地区的超高频窄带和宽带卫星通信。此次卫星星座扩展是在 2025 年 12 月国防部、 和 MDA Space 在 ESCP-P 计划下建立战略伙伴关系之后进行的。当时,加拿大向 授予了 292 万美元 的合同,与 MDA Space 合作开展工程和选项分析工作。

BMO 资本市场分析师 Thanos Moschopoulos 在一份客户报告中表示,这一奖项并不意外,“尽管此前并不清楚该计划此阶段的具体范围和时间安排。” 表示,此次扩展将通过加拿大政府从今年第三季度开始的里程碑式付款提供资金。

国防创新局(DIA)——于 2025 年 10 月启动——是加拿大加强主权和军事能力努力的一部分,包括努力实现北约将国内生产总值的 2% 用于国防的支出目标,此前该行业多年投资不足。总理办公室表示,该机构成立旨在通过集中合同审查和批准,并消除冗余步骤,加快军事采购流程。DIA 负责审查价值 1 亿美元 及以上的采购,而较小的合同则通过标准流程处理。DIA 表示,此次采购有可能在大约七年内每年在加拿大创造或维持 2,600 个就业岗位,并每年为国内生产总值贡献 3.35 亿美元

国防部长 David McGuinty 表示,该项目将加速“关键能力的交付,捍卫加拿大的主权和安全,并加强我们的国内国防工业基础,为未来多年造福加拿大人”。

在一个漫长的周末期间。 “在周末期间,当全国各地的加拿大人正在应对肆虐的野火以及严重洪水和热浪的后果时,[Mark] Carney 总理悄然推进了他的石油管道计划,”Levin 女士在一份声明中表示。“难怪他不想引起人们对这一环境和经济风险项目的关注,以及他希望在没有适当监督的情况下以极快速度批准该项目的原因。”

这条拟议的管道是联邦政府与阿尔伯塔省政府之间能源协议的核心组成部分。这条大约 1,250 公里的管道

日元市场的最后一次干预支持发生在1998年亚洲金融危机期间。

此次日元干预行动也让人联想到去年秋季,当时贝森特通过支撑阿根廷不断贬值的比索,帮助该国总统哈维尔·米莱改善了政治前景。当时,贝森特表示,美国准备向阿根廷央行提供贷款,并通过美国财政部的外汇平准基金直接购买货币及美元计价的阿根廷政府债务,以维持阿根廷经济的稳定。

美国从与阿根廷的货币互换协议中获利,这笔押注对贝森特而言是成功的。对米莱而言,这一举措也取得了良好效果,其政党在10月选举中赢得了压倒性胜利。

尽管这一举措取得了成效,但仍有人质疑将此类经济工具用于政治目的的做法。

“除非这是日本解决导致日元疲软根本问题计划的一部分,否则美国介入市场支持日元——即使能从中小赚一笔——也是不明智的。”前财政部官员、现任官方货币与金融机构论坛(OMFIF)美国主席马克·索贝尔表示,“毕竟,财政部的外汇平准基金不是对冲基金。”

《纽约时报》新闻服务

该管道将从阿尔伯塔省布鲁德海姆向不列颠哥伦比亚省三角洲附近的港口输送one million barrels原油,以供出口至国际市场。

保守党在一年多前协助政府通过了《建设加拿大法案》,迄今政府已将三个项目推进至“国家利益”指定阶段。这些项目包括努纳武特地区的格雷斯湾公路和港口项目、西北地区的马更些谷公路,以及安大略省北部核废料管理组织的深层地质处置库。

环球投资者

标普500、道指和多伦多证交所指数创下历史新高

标普500指数和道琼斯指数周二收盘创下历史新高,得益于人工智能相关公司(如卡特彼勒和Palantir)最新一批财报缓解了市场对需求的担忧,同时原油价格和美国国债收益率因伊朗战争可能达成协议的希望而下跌。加拿大基准股指也创下历史新高。Palantir Technologies股价飙升29.5%,创下自2024年2月以来最大单日涨幅,此前该公司上调了年度营收预期。被视为全球工业经济风向标的卡特彼勒股价上涨5.6%,因人工智能数据中心的建设推动了对其发电和建筑设备的需求,该公司也上调了年度营收增长预期。投资者一直密切关注本轮财报季人工智能相关公司的业绩,以判断该领域的巨额支出是否合理。

此外,美国股市还受到原油价格下跌约5%的支撑,此前一名卡塔尔官员表示,为解决冲突而进行的外交努力仍在继续,而美国财政部长斯科特·贝森特表示,与伊朗就重开霍尔木兹海峡达成协议可能在未来两天内实现。油价下跌也降低了市场对美联储9月会议加息的预期,根据芝商所(CME)联邦基金利率观察工具,加息概率从上一交易日的67.2%降至56.9%,这推动了美国和加拿大国债收益率双双回落。美国10年期基准国债收益率下跌5.72个基点,至4.627%。“我从投资者身上没有感受到一丝怀疑,无论是油价、利率还是股市,”芝加哥Cresset资本管理公司首席投资策略师兼创始合伙人杰克·阿布林表示,“财报确实令人鼓舞,这是好消息,但我不确定仅凭几份财报就能证明标普指数创下新高是合理的。”

道琼斯工业平均指数上涨907.47点,涨幅1.71%,收于54,085.88点;标普500指数上涨136.02点,涨幅1.79%,收于7,736.52点;纳斯达克综合指数上涨671.10点,涨幅2.59%,收于26,584.99点。卡特彼勒的涨幅成为道指上涨的最大推动力,为该指数贡献了约280点的涨幅。道指连续第二个交易日创下收盘新高,此前已于周一创下自7月6日以来的首个收盘新高,而标普500指数周二则创下自7月2日以来的首个收盘新高。同样被视为人工智能支出受益者的芯片股大涨,费城半导体指数飙升6.6%,连续第四个交易日上涨,此前该指数7月份曾下跌20.6%。标普500科技板块上涨4.1%,成为11个主要标普板块中表现最佳的板块。标普 / 多伦多证交所综合指数上涨575.45点,涨幅1.6%,收于35,801.59点,创下自4月30日以来的最大单日涨幅,并超过了上周二创下的历史收盘新高。多伦多证交所指数同比上涨超过30%,但其涨幅主要由矿业板块而非科技板块推动。

“两大主要市场双双创下历史新高,为始于2022年低点的近四年牛市画上了惊叹号,”BMO资本市场首席经济学家道格拉斯·波特在评论中表示,“回顾更早的疫情前时期,标普500指数自2019年夏季(7年前)以来已上涨172%,相当于年化收益率15%,”他在一份报告中写道,“即使考虑到该时期高于正常水平的通胀,年化收益率仍达11%,这还不包括股息。而多伦多证交所指数同期的年化收益率则为12%和8.7%。”

周二,多伦多证交所材料板块上涨5.2%。随着油价下跌缓解了通胀担忧,黄金价格上涨0.6%。

路透社、环球报记者

路透社

美元日元干预预示外汇和债券市场的完美风暴正在酝酿

杰米·麦吉弗 奥兰多

观点

观点

美国债券市场长期笼罩着一片阴云:美国最大的债权国之一(很可能是中国或日本)可能抛售其庞大的美国国债持仓,推高借贷成本并引发经济和市场崩盘的威胁。

几十年来,市场基本上对这一末日情景不以为然——而且理由充分——但上周美日历史性的联合货币干预提醒人们,不应掉以轻心。

多年来,大多数专家认为,作为美国主要经济和地缘政治对手的中国,最有可能引发这场危机。但北京持有的美国国债在过去十年间实际上有所减少。

从纯粹的金融角度来看,日本——可以说是美国在亚洲最大的盟友——由于其对美国债务的巨大敞口,构成的威胁不相上下。日本是美国最大的国际债权国,持有规模达1.14万亿美元。

当然,没有人预期东京会主动点燃这一潜在的火药桶,但这并不意味着意外不会发生,尤其是在当前。市场正面临一场完美风暴:日元极度疲软、日本政府债券(JGBs)及部分美国国债收益率曲线承压,以及美联储和日本央行的信誉问题。

这或许有助于解释美国财政部长斯科特·贝森特上周五与日本联合进行的非常规货币干预,以支撑疲软的日元。当时日元兑美元汇率跌至40年来最低点,而日本政府债券收益率创下历史新高。

这位资深外汇交易员可能担心日本政府债券的波动会蔓延至美国债券市场,而此时长期收益率已升至数十年来的高位。这种担忧并非毫无道理。尽管规模达29万亿美元的美国国债市场是全球流动性最强的市场,但价格也并非完全能够免受重大——

债券市场担忧美国经济过热

迈克·多兰 伦敦报道

尽管政治动荡不断且全球冲突频发,美国经济正在积聚强劲动能——并面临过热风险。暂时抛开日常噪音,整体局势清晰可见:财政宽松、金融条件宽松、企业投资激增以及实际利率接近零,均在为经济引擎添柴加火。若在这种环境下通胀回归目标水平,且财政或货币政策均未收紧,那将是非同寻常的。这也解释了为何在个股剧烈波动、对冲基金压力加大以及对人工智能浪潮是否已达顶峰的质疑声中,股市仍拒绝回调。采用“逢低买入”策略或仅在板块间轮动的投资者似乎不愿增持现金。在主要美国股指过去两年上涨50%、今年上半年又上涨10%后,股市仍接近历史高位。

这提振了占据经济消费主力的富裕群体的资产财富,鼓励他们增加可支配收入的支出,并让企业得以在循环流动中扩大利润空间。唯一亮起红灯的似乎只有不断上升的债券收益率。过去一周有两个关键数据引人注目:标普500指数企业的年度利润增长率预计在最新季度加速至近50%;尽管通胀调整后的整体数据表现平平,美国名义GDP在第二季度的年化增长率仍接近8%。

尽管GDP平减指数6.3%的涨幅(反映报告中的整体通胀水平)主要与能源相关,但需求端表现强劲。这一名义GDP增速在过去三年中仅有两次被超越,几乎是25年平均水平的两倍。消费者支出激增3.2%,而企业设备投资更以15%的速度飙升。在人工智能热潮的推动下,仅今年“超大规模”基础设施建设者的资本支出就超过1万亿美元($1万亿),美国年度利润增长率据LSEG数据显示,在财报季过半之际达到惊人的47%,是预期水平的两倍。

过去一周有两个关键数据引人注目: 标普500指数企业的年度利润增长率预计在最新季度加速至近50%; 尽管通胀调整后的整体数据表现平平,美国名义GDP在第二季度的年化增长率仍接近8%。

显著的日本抛售行为。此外,若全球两大债券市场及世界第二大重要汇率之间的纽带出现松动,可能会以意想不到且危险的方式波及整个金融体系。美国国债、日本国债和日元在近几十年均经历过重大压力,但三者同时承压的情况实属罕见。而此时市场对美联储新任主席凯文·沃什及日本央行的信心正在消退。沃什在上周央行维持利率不变后的新闻发布会上对2%的通胀目标表现出犹豫态度,令债券市场感到不安。所谓“期限溢价”——即对持有长期债券的额外补偿估值——

周二,交易员在纽约证券交易所大厅工作。在过去两年主要美国股指上涨500%后,市场仍接近历史高位。JEENAH MOON / REUTERS

较一个月前的预期高出一倍,较1月预期高出三倍。这一意外主要源于大型银行和石油巨头的业绩爆发,以及科技企业的强劲盈利。

随着营收增长率仅为较为温和的14%,利润率扩张的幅度显而易见。

根据巴克莱银行(Barclays)对目前财报季的解读,“利润率已成为推动力,并达到了新高”,该解读指出技术和能源部门,以及材料和消费必需品部门表现出明显的强势。

多个因素正在共同作用。Eurizon SLJ的Stephen Jen和Fatih Yilmaz认为,昂贵的能源和高通胀通常会引发的那种“需求破坏”,这次并未发生以抑制价格。消费者似乎比过去对价格的敏感度低得多。他们将此归咎于系统中仍然存在的财政支出规模,且没有迹象表明这将发生逆转,并提出这是一个“财政刺激-价格螺旋”,而非过去周期中传统的“工资-价格螺旋”。

投资者购买10年期国债所要求的期限溢价大幅飙升。

超长期国债收益率也跃升至2007年以来的最高水平。这可能表明投资者认为美联储将接受更高且更持久的通货膨胀,并且沃什先生(Mr. Warsh)宁愿让市场收紧金融条件,也不愿提高政策利率。对于政策制定者来说,这是一条危险的道路,因为这有脱离通胀预期并破坏央行信誉的风险。

为了支持他们的论点,该报告称,虽然与人工智能相关的资本支出已突破1万亿美元,但联邦政府每年的预算赤字超过2万亿美元。去年的减税和追加支出财政法案进一步增加了这些赤字,且预计未来十年将出现类似的赤字。

他们总结道:“通过政府进行的巨大且持续的转移支付维持了美国的总需求,防止了需求曲线趋平,并赋予了公司和生产者更大的定价权。这些变量全部相关联;我们认为,因果关系是从财政刺激到更大的定价权,再到通货膨胀。”

当然,还存在另一个循环。高企且不断上涨的股票和房地产价格使得前25%的收入者能够消费更多。他们的资产财富使他们能够不顾3%至4%的通货膨胀或汽油价格波动而继续购买。他们的集体消费能力让公司能够继续扩大利润率,而由此产生的收益和股价意外之财进一步增加了富裕家庭的股票财富。

显而易见的问题是:这一切将在哪里结束?在公司定价权相对不受限制而导致通货膨胀的程度上,联邦储备委员会可以采取相当多的措施——并且在面对供应或资本支出冲击时远非无能为力。在今年剩余时间内快速连续两次加息可能会冷却股票价值、消费和利润率扩张,并增加为资产匮乏家庭(他们受通胀影响最深)抑制通胀的机会。

如果美联储不想这么做,债券市场可能会这样做。

与此同时,在日本,情况更加危急。长期日本国债(JGB)收益率已飙升至历史最高点,而两年期和基准10年期日本国债收益率则触及三十年来的最高水平。

这反映了投资者对日本货币和财政政策的担忧。虽然日本银行(BOJ)在将利率维持在接近零水平数十年后正在使政策“正常化”,但其加息速度长期缓慢。日本1%的名义政策利率在实际条款中是深度负值,是发达国家中最低的。因此,投资者正在失去对央行的信心,与此同时,他们也在质疑高市早苗(Sanae Takaichi)首相创纪录的挥霍性支出计划。

在这种背景下,日元上周跌至近40年来的低点,接近1美元兑164日元也就不足为奇了。从实际有效汇率(REER)来看,日元从未如此之低。随后出现了非同寻常的协调干

华盛顿与东京之间的干预协调。

这绝非日本近年来首次干预。自2022年以来,日本财务省已进行多轮日元买入操作,总额超过3000亿美元。其中部分资金来自日本持有的美元存款、回购便利及掉期交易,但部分操作涉及出售美国国债。

这又将我们带回到可能令华盛顿决策者夜不能寐的问题。任何大规模出售美国国债的行为都可能进一步推高收益率。借贷成本急剧上升——尤其是从当前水平——对任何一方都不利,尤其是对唐纳德·特朗普总统和贝森特部长而言,他们对10年期国债收益率的敏感程度已是公开记录。一些投资者表示,10年期国债收益率达到5%是特朗普政府不愿看到被突破的上限,尤其是在中期选举仅剩数月之际,且美国仍深陷与伊朗的看似无解的战争中。

历史表明,无论多头空头如何“狼来了”,投资者和决策者在过去几十年里一直正确地忽略了国债抛售风险。但历史同样表明,市场最大的风险在于相信风险不复存在。

Y

D

5.2

你的成年子女应该向你支付房租

专家表示,如果你的孩子仍然住在家里,应考虑以下四个因素

埃米莉·拉蒂默

今时今日的年轻人面临着经济障碍,使其难以独立生活,包括住房负担能力、严峻的就业市场,以及食品和汽油等基本商品价格飙升。对许多人来说,最佳选择是与父母同住。

这种安排已变得普遍。根据加拿大统计局2025年8月发布的一份报告(基于最新公布的人口普查数据),2021年,20至24岁年龄段的人中有57%与父母同住。

然而,这种关系颇为微妙。在成年子女搬回家时——或当明确年满18岁的子女无意搬出时——尽早就房租、家庭开支和食品账单等方面建立明确的财务预期,有助于避免误解。理想情况下,成年子女在家居住期间应实现财务独立。

“父母应为他们提供安全网,而非安全吊床,”加拿大国家银行财富管理高级理财顾问艾米·迪茨-格雷厄姆表示,“目标是真正为他们将来独立生活时需要承担的责任做好准备。”

以下是成年子女与你同住时需要考虑的四件事:

三只高股息且有内部人士买入的股票

泰德·迪克森

观点

INK Research首席执行官,该公司为投资者提供内部人士新闻和知识

随着债券收益率上升,股息股面临来自政府债券的更激烈竞争。今天,我将关注三只股息收益率显著高于加拿大政府债券的股息股。

评估高股息股票的一个关键挑战是其可持续性。信用分析是此类评估的核心要素,但观察内部人士的投入程度也很有帮助。如果内部人士购买高股息股票,他们是在传递对该股票前景的信心。基于这一考虑,我将重点关注三只在过去六个月内有净内部人士买入的高股息支付者。

首先,我需要补充一个重要考虑因素。一般来说,内部人士也可能像其他人一样容易抱有不切实际的期望。即使内部人士购买的股票削减或暂停股息,他们可能仍会继续从公司领取薪水,因为公司会调低股息以维护财务状况。

换句话说,购买股票的内部人士可能仍会继续领取薪水,即使股东的股息被削减或取消。这种风险并不对称。

关注股市 戴维·利德

TELUS(T-TSX) 收盘价 $13.39,上涨 加拿大电力公司(POW-TSX) 收盘价 $95.94,上涨 14¢ Alimentation C-T(ATD-TSX) 收盘价 $93.13,上涨 $2.12 麦格纳国际(MGA-NYSE) 收盘价 US$70.04,上涨 $2.17 Fortis(FTS-TSX) 收盘价 $79.61,下跌 19¢

针对高于预期的55%股息削减、“轻微”的第二季度业绩以及比市场预期更为严峻的业绩指引下调,加拿大国家银行金融分析师亚当·夏恩将Telus公司的评级从“跑赢大盘”下调至“与大盘持平”。他说:“我们不得不选择观望,因为我们需要消化Telus旧展望与新展望之间的重大脱节。”

目标价:从$19下调至$15,市场共识为$15.98

如果成年子女尚未承担个人开销,现在是时候让他们过渡并培养理财素养了。COLE BURSTON / THE GLOBE AND MAIL

让他们脱离家庭电话套餐

首先,如果你的孩子尚未支付个人开销——包括手机费、汽油费、汽车保险及类似费用——现在是时候让他们过渡并培养理财素养了。

“遇到二十五六岁的孩子,父母仍不允许他们拥有信用卡,这种情况非常普遍,”迪茨-格雷厄姆女士说。“我们几乎是在推迟成年。如果他们没有学会这些技能,这对父母和孩子来说都是一个巨大的挑战。”

迪茨-格雷厄姆女士建议客户,孩子一满18岁就应预约理财顾问。他们可以讨论预算、储蓄、信用评级和投资,这能增强年轻人的信心。

“父母们

Vital Infrastructure Property Trust(VITL)内部人士交易

内部人士买入 内部人士卖出

$6.0

5.8

5.6

5.4

2026年4月 5月 6月 7月 8月 5.0

THE GLOBE AND MAIL,数据来源:BARCHART;INK RESEARCH CORP.

即使股东的股息被削减或取消,他们仍能继续领取薪水。这种风险并不对称。

企业软件公司Enghouse Systems Ltd.的股价在截至7月31日的六个月内下跌了8.2%,因为投资者担心人工智能会对公司业务产生影响。截至4月30日的第二季度收入较2025.年第二季度下降了8.4%。但净收入为$16.3百万加元,即每股31加分,高于去年同期的$13.5百万加元,即每股24加分。这一改善得益于第二季度运营成本同比下降13.4%

Enghouse使用了$16.4百万加元现金支付每股31加分的股息

加拿大Power公司的净资产价值增长提供了“上行机会”,Jefferies分析师约翰·艾肯(John Aiken)将其股票评级从此前的“持有”上调至“买入”。“由于Power的主要运营子公司正获得越来越高的溢价估值,POW尚未获得同等待遇,”他解释道。 目标价:艾肯先生将目标价上调了23%,从$90提高至$114。市场共识为$97.50。

“别预约会面,”迪茨-格雷厄姆女士说。“你的18岁孩子必须自己打电话预约会面,学习如何与专业人士打交道。” 此后,父母可以引入其他财务义务——例如共同分担家庭开支——让成年子女在迈向财务独立的道路上分担费用。

设定书面期限

根据房地产交割公司Ownright的联合创始人乔尔·福克斯(Joel Fox)的说法,父母应明确成年子女在家居住的时间表——无论是12个月,还是达到特定财务目标(如为首付存款)。如果成年子女计划在家居住,双方应就结果和时间表达成书面协议——类似于租户签署租赁协议。

Enghouse第二季度每股收益得益于$31.6 million的经营活动提供的净现金。 在Enghouse第二季度财报电话会议上,董事长兼首席执行官斯蒂芬·萨德勒(Stephen Sadler)谈及人工智能问题。他表示,公司正在探索使用领先的语言模型提升内部生产力,并构建能带来投资回报的解决方案。 投资者可能对人工智能对Enghouse业务的影响感到担忧,但在6月12日,董事保罗·斯托扬(Paul Stoyan)以平均$16.06的价格在公开市场购买了10,000股普通股。 Vital Infrastructure Property Trust的投资组合包括58家住院设施和73家门诊设施——

Stifel分析师马丁·兰德里(Martin Landry)认为,Alimentation Couche-Tard公司以US$8.7 billion全现金收购波兰便利零售商Zabka Group SA是“以公平价格获得优质增长资产”。他指出:“由于这不是一个扭亏为盈的故事,Couche-Tard的执行风险有所降低。” 目标价:兰德里先生维持“买入”评级,将目标价从$102上调至$110。市场共识为$103.50。

收取租金——即使你会退还

Kelly Ho是DLD Financial Group的合伙人兼注册理财规划师,她表示,口头协议往往会滋生怨恨。在起草书面文件前,双方应召开家庭会议讨论并协商期望——包括财务和其他方面。 非财务考虑因素(如垃圾处理、杂货账单、过夜客人、家务)也应讨论并纳入协议。福克斯先生强调,协议不必正式或由律师主导,只需一份共享的备忘录,列明基本期望,以避免怨恨和矛盾。

向他们收费——即使你会退还

艾伯塔省信贷咨询机构Money Mentors的首席执行官斯泰西·扬丘克·奥莱克西(Stacy Yanchuk Oleksy)强烈建议父母收取租金,并明确家庭贡献的期望。“设定这些界限并坚持下去,每个人都会更开心。在这种情况下,清晰就是善意,”她说。 迪茨-格雷厄姆女士表示,一些客户不希望通过“收取子女的钱”给他们增加负担。“但适度的负担通常是有益的,”她说。定期账单是成年生活的特征,因此明确财务责任并自动化执行,有助于增强信心,培养韧性,同时帮助成年子女实现财务目标。 例如,父母可以向成年子女收取$500租金——

医疗设施,以及分布在北美、巴西、欧洲和澳大利亚的其他3个健康研究设施。其资产要么与机构投资者合作拥有,要么由该房地产投资信托直接拥有。目前,该信托每月派发3美分 / 单位的分红,或每年36美分 / 单位,按7月31日收盘价$5.59计算,收益率为6.4%。

在第一季度,该房地产投资信托向单位持有人报告的净亏损为380万美元,即每单位亏损2美分,较2025年第一季度的亏损$890,000(每单位亏损为零)有所恶化。不过,该信托报告的调整后运营资金(非GAAP指标)为每单位10美分,与去年同期持平。第一季度的派息率约为87%。该信托将于8月12日收盘后公布第二季度业绩。

过去六个月,该信托的单位价格波动区间有限,内部人士一直在买入。在此期间,2名内部人士净买入总价值$454,983的单位。受托人彼得·阿加尔(Peter Aghar)是最近的买家,于6月3日至6月19日期间以平均$5.28的价格买入50,000单位。

小盘股 Petrus Resources Ltd. 提供每月1美分 / 股的分红,或每年12美分 / 股的预期分红,预期

在一份题为《权重是最难的部分》的客户报告中,道明证券(Scotia Capital)分析师乔纳森·戈德曼(Jonathan Goldman)表示,投资者对麦格纳国际(Magna International Inc.)上周五的负面反应带来了买入机会。“共识和市场过于关注季度表现,而非全年表现,”他说道。 目标价:他维持麦格纳股票的“板块优于大盘”评级,并将目标价从$74美元上调至$78美元。市场共识目标价为$68

每月1日支付家庭开支。有能力的父母可以将这笔钱存入储蓄账户,并在孩子搬出时归还给他们。“这不是为了从他们身上拿钱,”迪茨-格雷厄姆女士说,“而是为了养成良好的储蓄习惯。

支付计划应灵活,而非固定

账单可能会波动,因此福克斯先生建议父母向成年子女收取家庭开支的一定比例,而非固定的“房租”。 福克斯先生表示,有时新房主会对维持家庭运转所需的众多账单感到震惊。虽然用统一金额简化收费很诱人,但通过展示可变成本明细,能让成年子女更好地为独立生活做好准备。 例如,如果某个月的电费或食品杂货账单总额更高,成年子女仍需承担约定比例,如20%。“这有助于成年子女理解生活开支的可变性,以及他们的消费会产生影响,”他说道。 同样,扬丘克·奥莱克西女士建议与成年子女坐下来,逐项讨论作为房主需要承担的各种开支,如房产税、维护费或除雪费用。“为首付存钱只是第一步,”她说,“这甚至还远远不够全面。”

《环球邮报》特约撰稿

截至7月31日收盘价$1.73,年化收益率为6.9%。

第一季度,Petrus动用了$1.2百万美元支付股息。钻探及其他活动的资本支出为$21.5百万美元。Petrus报告的资金流每股(非GAAP指标)为$13.3百万美元,即每股10美分,与2025年第一季度的$12.5百万美元(每股10美分)相比持平。

7月30,该公司发布了6月份的生产报告。估计日均产量为12,010桶油当量,其中约64%为天然气,36%为液体。6月份的数据较好地反映了近期收购阿尔伯塔中部哈马坦地区石油权重Cardium资产后的整体生产情况。Petrus预计2026年日均产量为11,00012,000桶油当量,年资金流为$60百万至$65百万美元,年末净债务为$75百万至$80百万美元。

过去六个月,Petrus股价下跌了7.5%,而内部人士在包含期权行权和公开市场交易的情况下,共计花费$324,566增持股份。总计有35,954股在公开市场出售,同时通过期权行权获得了222,980股,净增持187,026股。通常而言,当内部人士行权且未将所有新增股份在公开市场出售时,可能是一个看涨信号。

在第二季度业绩符合预期后,据加拿大皇家银行多米尼昂证券分析师莫里斯·蔡(Maurice Choy)称,总部位于圣约翰斯的Fortis公司正“直面可负担性问题”,并强调该公司“持续强调其在各公用事业领域的举措如何为客户带来费率优惠”。

目标价:蔡先生在维持“与大盘持平”评级的同时,将目标价从$80.上调至$89。市场共识为$83.22

市场

美国

多伦多证券交易所指数及子指数

收盘 净变动 % 成交量 年初至今% 变动 (万股)%变动

综合指数 35801.59 575.45 1.63 363516 12.89 60指数 2109.58 26.31 1.26 177855 13.42 完成度指数 2304.23 70.80 3.17 185660 10.80 小盘股指数 1396.91 31.05 2.27 112609 16.74 创业板指数 898.89 31.76 3.66 56918 -9.00 非必需消费品指数 413.48 4.18 1.02 6105 8.07 必需消费品指数 1332.91 3.86 0.29 8088 7.65 能源板块指数 421.78 -12.39 -2.85 58633 40.40 金融板块指数 772.53 5.96 0.78 48624 23.11 医疗保健板块指数 23.83 -0.60 -2.46 3459 8.81 工业板块指数 530.78 15.72 3.05 20640 13.66 信息技术板块指数 325.16 21.54 7.09 11467 -0.44 材料板块指数 744.74 36.62 5.17 112070 -0.66 房地产板块指数 318.70 -2.67 -0.83 7959 0.73 全球黄金指数 771.89 36.04 4.90 140323 -5.55 全球矿业指数 227.03 11.72 5.44 376018 8.28 收入信托指数 247.96 -5.02 -1.98 8588 12.59 优先股指数 718.78 -1.63 -0.23 382 3.24 通信服务指数 146.77 0.38 0.26 36560 -6.43 公用事业板块指数 407.55 -3.08 -0.75 17544 15.68

涨幅榜 股价1美元及以上股票前20名

PLTU SAVVYLONG 2X 27.50 10.87 65.36 13 15.64 TSAT TELESAT CORP 76.84 24.77 47.57 177 94.19 PLHI NINEPOINT PA 10.50 2.70 34.62 13 5.21 ORBU SAVVYLONG 2X 7.28 1.80 32.85 78 -61.48 PLTE HARVEST PALA 18.60 4.54 32.29 1014 -27.37 PLTR PALANTIR CDR 12.30 2.99 32.12 2518 -9.89 CRWV COREWEAVE CD 17.34 3.70 27.13 289 -29.11 TINY TINY LTD 7.50 1.47 24.38 10 -21.88 OILD SAVVYSHORT G 2.84 0.55 24.02 264 -83.01 SOXU MEGALONG 3X 42.86 8.09 23.27 110 223.59 TLO TALON METALS 6.04 1.01 20.08 928 0.67 IE IVANHOE ELECTR 14.98 2.48 19.84 32 -31.75 SXHI NINEPOINT SP 5.62 0.93 19.83 18 -45.01 SPXE HARVEST SPAC 8.28 1.33 19.14 523 -43.67 SXGC SOUTHERN CRO 10.69 1.69 18.78 600 0.94 AMDU SAVVYLONG 2X 20.13 3.17 18.69 56 -6.81 RDDY HARVEST REDD 5.13 0.79 18.20 126 -47.97 SNDK SANDISK CDR 34.88 5.32 18.00 843 7.79 HOD BETAPRO CRUDE 30.60 4.61 17.74 1362 -78.86 SOFY HARVEST SOFI 5.51 0.81 17.23 234 -45.06

标普 / 综合指数成分股 按市值计算的最大股票

VNP 5N PLUS INC. 29.79 -2.79 -8.56 2473 68.12

ABRA ABRASILVER R 14.54 0.96 7.07 703 36.14 AAV ADVANTAGE ENE 10.80 -0.20 -1.82 794 -8.01 ARE AECON GROUP I 49.25 4.02 8.89 869 57.45 AEM AGNICO EAGLE 211.83 8.31 4.08 1613 -8.99 AC AIR CANADA 26.53 1.16 4.57 2743 37.53 AGI ALAMOS GOLD I 40.42 1.46 3.75 2504 -23.74 AQN ALGONQUIN POW 8.16 -0.04 -0.49 3615 -3.32 ATD ALIMENTATION 93.13 2.12 2.33 3110 24.24 AAUC ALLIED GOLD 26.37 0.93 3.66 3603 -16.15 AP-UN ALLIED PROP 9.82 0.00 0.00 739 -26.55 ALA ALTAGAS LTD. 55.58 -0.20 -0.36 1161 32.81 ALS ALTIUS MINERA 60.28 2.29 3.95 377 47.60 AIF ALTUS GROUP L 46.68 -0.14 -0.30 423 -17.69 USA AMERICAS GOLD 6.17 0.84 15.76 2428 -12.36 ARX ARC RESOURCES 33.07 -0.46 -1.37 2309 28.43 ARIS ARIS MINING 20.75 2.02 10.78 748 -6.78 ATZ ARITZIA INC 140.21 0.53 0.38 1337 19.48 ACO-X ATCO LTD. C 79.95 0.14 0.18 438 41.81 ATH ATHABASCA OIL 10.06 -0.30 -2.90 3821 43.10 ATRL ATKINSREALIS 91.16 4.27 4.91 717 2.89 ATS ATS CORPORATI 39.58 1.33 3.48 370 4.68 ASM AVINO SILVER 8.31 0.89 11.99 798 -2.69 AYA AYA GOLD AND 32.18 4.64 16.85 2466 63.85

AC 加拿大航空 26.53 1.16 4.57 2743 37.53 ALZ 安联 CDR 32.42 -0.19 -0.58 10.42 AMZN 亚马逊 31.69 0.73 2.36 1076 18.20 ANET Arista Networks 34.19 1.82 5.62 50 42.99 AYA AYA黄金与白银 32.18 4.64 16.85 2466 63.85 BOFA 美国银行 31.46 0.41 1.32 7 12.60 LCS Brompton Life Sciences 12.74 0.01 0.08 9 29.01 BIP-PR-E 布鲁克菲尔德基础设施合伙人 26.04 -0.36 -1.36 3 0.23 BPO-PR-X 布鲁克菲尔德房地产合伙人 12.83 0.06 0.47 14.35 CAPQ 资本集团 25.53 0.97 3.95 2.99 CCL-B CCL工业-B 95.01 2.06 2.22 375 9.58 CGX Cineplex 12.82 -0.10 -0.77 518 21.63 CSW-B Corby蒸馏酒-B 15.85 0.32 2.06 3 11.46 CIU-PR-C 加拿大公用事业优先股-C 21.50 0.10 0.47 1 21.26 CIU-PR-A 加拿大公用事业 21.50 -0.06 -0.28 1.70 DACL Desjardins资本市场 20.54 0.31 1.53 2 3.22 DAGL Desjardins全球 20.86 0.79 3.94 1 3.78 ENB-PR-D Enbridge优先股-D 24.07 -0.02 -0.08 9 10.11 ENB-PR-N Enbridge优先股-N 25.91 -0.01 -0.04 2 6.28 MHC-U Flagship社区信托 21.30 -0.20 -0.93 6.50

BTO B2黄金 5.48 0.23 4.38 6490 -11.33 BCE BCE 30.95 0.54 1.78 9178 -5.47 BDGI Badger基础设施 95.11 6.25 7.03 318 30.06 BMO 蒙特利尔银行 253.05 1.58 0.63 4383 41.96 BNS 新斯科舍银行 122.68 -0.29 -0.24 6123 21.19 ABX Barrick黄金 53.74 2.29 4.45 9035 -10.12 BHC Bausch Health 9.07 -0.58 -6.01 1538 -4.83 BTE Baytex能源 5.96 -0.43 -6.73 6638 34.23 BIR Birchcliff能源 6.22 -0.17 -2.66 2362 -16.73 BDT Bird建筑 70.22 3.35 5.01 306 146.21 BB 黑莓 12.48 0.55 4.61 2725 140.93 BEI-UN Boardwalk房地产信托 65.64 -0.61 -0.92 76 1.80 BBD-B 庞巴迪-B 363.50 25.76 7.63 462 55.67 BLX Boralex 37.09 0.01 0.03 341 46.43 BYD Boyd集团 149.37 4.46 3.08 75 -31.68 BAM 布鲁克菲尔德资产管理 73.16 5.35 7.89 2763 1.75 BBUC 布鲁克菲尔德商业合伙人 43.67 2.09 5.03 130 -109.7亿 布鲁克菲尔德 62.81 3.23 5.42 2709 -0.33 BIP-UN 布鲁克菲尔德基础设施合伙人-UN 56.14 -2.48 -4.23 586 17.67 BEP-UN 布鲁克菲尔德可再生能源合伙人-UN 46.59 0.65 1.41 249 25.61 DOO BRP 90.63 4.01 4.63 273 -6.62

CAR-UN 加拿大公寓房地产信托 34.74 0.08 354 -5.78 CNQ 加拿大自然资源 64.93 -1.85 -2.77 5960 39.66 GIB-A CGI-A 104.86 2.25 2.19 902 -17.29 CRT-UN CT房地产信托 18.17 -0.47 -2.52 389 11.68 CAE CAE 37.70 1.54 4.26 1316 -9.68 CCO Cameco 130.98 10.00 8.27 1798 4.22 CM 加拿大帝国商业银行 166.06 0.02 1585 33.46 CNR 加拿大国家铁路 179.05 0.80 0.45 1993 31.90 CP 加拿大太平洋铁路 127.42 2.90 2.33 1721 26.10 CTC-A 加拿大轮胎-A 205.29 0.69 0.34 266 18.02 CU 加拿大公用事业 55.57 -0.15 -0.27 944 30.05 CPX Capital Power 67.32 1.45 2.20 837 14.98 CS Capstone铜业 14.44 1.13 8.49 3417 4.79 CJT CargoJet 88.51 4.02 4.76 84 5.44 CCL-B CCL工业-B 95.01 2.22 375 9.58 CLS Celestica 523.74 59.87 12.91 655 29.00

ETF 股价1美元及以上

DLR-U Global X美国优先股 10.12 0.00 0.00 1815 -0.20 DLR Global X美国优先股 14.24 0.06 0.42 1163 2.30 HHIS Harvest高股息股票ETF 11.18 0.75 7.19 2866 -8.66 HNU BetaPro天然气反向杠杆ETF 7.42 -0.49 -6.19 2419 -54.48 HOD BetaPro原油双向杠杆ETF 30.60 4.61 17.74 1362 -78.86 HOU BetaPro原油反向杠杆ETF 16.30 -3.49 -17.64 1927 85.86 HYLD Hamilton增强收益ETF 15.98 0.72 4.72 789 8.27 PLTE Harvest白金ETF 18.60 4.54 32.29 1014 -27.37 QQD BetaPro纳斯达克100反向杠杆ETF 22.82 -2.66 -10.44 534 -31.37 QQU BetaPro纳斯达克100双向杠杆ETF 38.89 3.50 9.89 913 29.12 SPXD BetaPro标普500反向杠杆ETF 8.73 -0.61 -6.53 750 -21.91 SPXE Harvest标普500ETF 8.28 1.33 19.14 523 -43.67

大宗商品

多伦多证券交易所成交量 股价1美元及以上的前20只股票

T TELUS CORPORATI 13.39 0.01 0.07 22159 -25.98 ENB ENBRIDGE INC 75.09 -1.19 -1.56 13135 14.33 EQX EQUINOX GOLD 13.50 0.94 7.48 10805 -30.02 BCE BCE INC. 30.95 0.54 1.78 9178 -5.47 ABX BARRICK MININ 53.74 2.29 4.45 9035 -10.12 MFC MANULIFE FIN 62.98 0.72 1.16 8100 26.36 TD TORONTO-DOMINI 167.90 -0.14 -0.08 8050 29.79 GMIN G MINING VEN 45.90 3.17 7.42 7246 10.63 CVE CENOVUS ENERG 40.38 -1.89 -4.47 6830 73.90 BTE BAYTEX ENERGY 5.96 -0.43 -6.73 6638 34.23 BTO B2GOLD CORP. 5.48 0.23 4.38 6490 -11.33 BNS BANK OF NOVA 122.68 -0.29 -0.24 6123 21.19 WCP WHITECAP RESO 16.27 -0.27 -1.63 6053 41.48 CNQ CDN NATURAL R 64.93 -1.85 -2.77 5960 39.66 K KINROSS GOLD CO 33.18 0.86 2.66 5458 -14.17 OLA ORLA MINING L 13.46 0.92 7.34 4941 -27.09 IVN IVANHOE MINES 10.83 0.76 7.55 4884 -30.62 SU SUNCOR ENERGY 90.79 -3.35 -3.56 4800 49.03 TRP TC ENERGY COR 91.96 -2.44 -2.58 4468 21.67 BMO BANK OF MONTR 253.05 1.58 0.63 4383 41.96

CVE CENOVUS ENERG 40.38 -1.89 -4.47 6830 73.90 CG CENTERRA GOLD 25.54 1.44 5.98 475 29.25 CEU CES ENERGY SO 16.63 0.29 1.77 554 35.53 CSH-UN CHARTWELL 21.89 -0.70 -3.10 563 8.91 CHP-UN CHOICE PRO 15.92 -0.04 -0.25 919 7.49 CCA COGECO COMMUN 60.58 1.48 2.50 176 -8.86 CIGI COLLIERS INT 139.20 1.36 0.99 156 -31.00 CSU CONSTELLATION 3224.99 222.00 7.39 114 -2.31 CRR-UN CROMBIE RE 17.14 -0.33 287 12.25 CURA CURALEAF HOL 12.64 0.23 1.85 150 23.56

GMIN G MINING VEN 45.90 3.17 7.42 7246 10.63 GFL GFL ENVIRONME 59.23 1.34 2.31 909 0.46 GEI GIBSON ENERGY 31.43 -0.66 -2.06 834 25.12 GIL GILDAN ACTIVE 79.79 2.19 2.82 634 -6.99 GRT-UN GRANITE RE 92.56 -3.65 -3.79 106 13.28 GWO GREAT-WEST LI 93.29 0.35 0.38 1535 37.82

IVN IVANHOE MINES 10.83 0.76 7.55 4884 -30.62

TRP TC ENERGY COR 91.96 -2.44 -2.58 4468 21.67 X TMX GROUP LIMIT 52.52 1.28 2.50 907 0.56 TVE TAMARACK VALL 13.17 -0.24 -1.79 3516 65.04 TECK-B TECK RESOU 91.02 6.66 7.89 1776 38.52 T TELUS CORPORATI 13.39 0.01 0.07 22159 -25.98 TVK TERRAVEST IND 116.41 2.18 1.91 110 -29.24 TFII TFI INTERNAT 199.26 9.87 5.21 445 40.45 NWC THE NORTH WES 50.78 -0.07 -0.14 62 3.82 TRI THOMSON REUTE 153.12 15.60 11.34 1133 -15.46 TPZ TOPAZ ENERGY 31.23 -0.42 -1.33 742 13.40 TXG TOREX GOLD RE 56.48 2.53 4.69 694 -13.82 TIH TOROMONT IND 221.93 11.06 5.24 522 33.65 TD TORONTO-DOMINI 167.90 -0.08 8050 29.79 TOU TOURMALINE OI 60.87 -1.04 -1.68 2834 -1.14 TA TRANSALTA CORP 17.99 0.43 2.45 2248 3.63 TKO TREKOR METALS 11.01 1.55 16.38 2048 41.70 TFPM TRIPLE FLAG 42.03 1.76 4.37 177 -7.85 TSU TRISURA GROUP 42.28 0.62 1.49 226 -1.03

TSX 跌幅榜 TOP 20 FOR STOCKS $1 OR MORE 股价 1 美元及以上的前 20 名

SOXD MEGASHORT -3 1.43 -0.40 -21.86 700 -93.04 OILU SAVVYLONG GE 36.53 -8.91 -19.61 148 126.19 HOU BETAPRO CRUDE 16.30 -3.49 -17.64 1927 85.86 SQQQ BETAPRO -3X 7.28 -1.27 -14.85 842 -44.60 CGMD MEGASHORT -3 10.89 -1.83 -14.39 18 -47.39 QQQD MEGASHORT -3 6.82 -1.14 -14.32 100 -43.45 SRSL BETAPRO -3X 8.83 -1.19 -11.88 25 -48.51 BRE BRIDGEMARQ RE 4.39 -0.59 -11.85 243 -66.79 NVDD SAVVYSHORT - 10.85 -1.41 -11.50 121 -38.49 OBE OBSIDIAN ENER 13.40 -1.65 -10.96 706 59.14 SHPD SAVVYSHORT - 10.67 -1.25 -10.49 5 -12.33 QQD BETAPRO NASDA 22.82 -2.66 -10.44 534 -31.37 QQD-U BETAPRO NAS 16.30 -1.74 -9.65 11 -32.08 GDXD BETAPRO CDN 12.40 -1.32 -9.62 391 -24.11 SPYD MEGASHORT -3 9.15 -0.97 -9.58 81 -29.23 TSLD SAVVYSHORT - 12.58 -1.32 -9.50 59 33.55 SSPX BETAPRO -3X 9.63 -1.00 -9.41 139 -31.07 CMGS CHIPOTLE CDR 13.11 -1.31 -9.08 26 -10.51 MSTZ SAVVYSHORT - 8.08 -0.77 -8.70 63 -62.66 VNP 5N PLUS INC. -2.79 -8.56 2473 68.12

SQQQ BETAPRO -3X 7.28 -1.27 -14.85 842 -44.60 TQQQ BETAPRO 3X N 37.98 5.20 15.86 908 38.71 UMAX HAMILTON UTI 13.25 -0.01 -0.08 1356 0.61 UTES EVOLVE CAD U 8.95 -0.07 -0.78 1094 -1.10 VEQT VANGUARD ALL 62.47 1.69 2.78 516 16.31 XEG ISHARES SP TS 26.97 -0.80 -2.88 2403 40.32 XEQT ISHARES CORE 46.01 1.21 2.70 1127 15.34 XIC ISHARES CORE 57.21 0.91 1.62 824 13.18 XIU ISHARES SP TS 53.41 0.65 1.23 4287 13.66 ZAG BMO AGGREGATE 13.69 0.07 0.51 609 -0.65 ZEB BMO EQUAL WEI 76.19 -0.09 -0.12 1018 30.69 ZWU BMO COVERED C 11.66 -0.08 -0.68 882 5.33

DFY DEFINITY FINA 81.78 1.75 2.19 278 7.70 DML DENISON MINES 4.20 0.25 6.33 3298 15.38 DSG DESCARTES SYS 108.90 3.62 3.44 622 -9.56 DSV DISCOVERY MIN 9.51 0.76 8.69 2972 13.48 DOL DOLLARAMA INC 190.90 -0.07 -0.04 777 -6.94 DPM DPM METALS IN 53.54 4.26 8.64 1100 26.21 DIR-UN DREAM INDU 13.88 -0.51 -3.54 885 10.33

EQB EQB INC 139.78 -2.31 -1.63 163 34.55 ELD ELDORADO GOLD 44.73 2.42 5.72 923 -9.32 EFN ELEMENT FLEET 32.16 0.70 2.23 592 -10.79 EMA EMERA INCORPO 73.66 -1.25 -1.67 1360 8.90 EMP-A EMPIRE COMP 51.28 -0.03 -0.06 518 7.46 ENB ENBRIDGE INC 75.09 -1.19 -1.56 13135 14.33 EDR ENDEAVOUR SIL 11.72 1.21 11.51 1007 -9.22 EFX ENERFLEX LTD 31.34 0.12 0.38 982 48.11 EFR ENERGY FUELS 18.11 2.05 12.76 1026 -8.90 EQX EQUINOX GOLD 13.50 0.94 7.48 10805 -30.02 ERO ERO COPPER CO 40.82 3.18 8.45 429 5.12 EIF EXCHANGE INCO 129.06 3.51 2.80 325 57.47 EXE EXTENDICARE I 34.51 -0.97 -2.73 781 61.64

FFH FAIRFAX FINAN 2407.07 59.51 2.53 70 -7.98 FTT FINNING INTL 99.75 6.85 7.37 627 34.13 FCR-UN FIRST CAPI 22.91 -0.02 -0.09 595 21.22 AG FIRST MAJESTIC 23.22 2.18 10.36 2802 1.40 FM FIRST QUANTUM 42.12 3.26 8.39 4034 14.46 FSV FIRSTSERVICE 198.93 1.46 0.74 190 -6.80 FTS FORTIS INC 79.61 -0.19 -0.24 2935 11.56 FVI FORTUNA MININ 12.73 0.92 7.79 1037 -5.35 FNV FRANCO-NEVADA 307.76 9.52 3.19 341 8.17 FRU FREEHOLD ROYA 17.10 -0.02 -0.12 716 12.57

HPS-A HAMMOND POW 268.98 18.29 7.30 108 68.66 HWX HEADWATER EXP 12.96 -0.29 -2.19 700 38.31 HR-UN HR REAL EST 11.03 0.01 0.09 458 7.82 HBM HUDBAY MINERA 34.79 2.98 9.37 3733 27.67 H HYDRO ONE LIMIT 57.98 -0.42 -0.72 1065 6.11

IAU I 80 GOLD COR 1.98 0.16 8.79 1156 -1.98 IAG IA FINANCIAL 207.12 -0.15 455 16.47 IMG IAMGOLD CORP 20.85 1.01 5.09 1721 -7.95 IGM IGM FINANCIAL 90.93 3.77 4.33 770 47.11 IMO IMPERIAL OIL 179.56 -2.19 -1.20 1214 51.43 IFC INTACT FINANC 283.16 7.91 2.87 664 -0.90 IPCO INTERNATIONA 30.32 -1.28 -4.05 240 22.11

TSX 52周新高 股价1美元或以上

TSX 52周新低 股价1美元或以上

AMAP AMAPA MINERA 1.07 0.02 1.90 785 -2.73 AVL AVALON ADVANC 4.76 0.06 1.28 33 -47.11 ZCDX BMO CREDIT S 29.58 -0.30 -1.00 BRE BRIDGEMARQ RE 4.39 -0.59 -11.85 243 -66.79 GOOS CANADA GOOSE 12.39 -0.14 -1.12 203 -30.35 CCA COGECO COMMUN 60.58 1.48 2.50 176 -8.86 HAI HAIVISION SYS 4.22 -0.04 -0.94 78 -19.47

JWEL JAMIESON WEL 41.55 0.20 0.48 162 23.48

KNT K92 MINING IN 24.30 1.77 7.86 963 7.10 KEL KELT EXPLORAT 9.64 -0.34 -3.41 660 25.68 KEY KEYERA CORP 58.39 -1.17 -1.96 1458 32.70 KMP-UN KILLAM APA 18.55 -0.22 215 13.11 KXS KINAXIS INC 174.71 6.71 3.99 125 0.94 K KINROSS GOLD CO 33.18 0.86 2.66 5458 -14.17

LIF LABRADOR IRON 27.00 0.25 0.93 407 -9.61 LB LAURENTIAN BAN 40.29 0.01 0.02 121 LSPD LIGHTSPEED C 14.66 0.52 3.68 749 -11.47 LNR LINAMAR CORP 105.67 2.28 2.21 200 27.37 LAC LITHIUM AMERI 4.33 0.32 7.98 1191 -27.47 L LOBLAW CO 65.31 -0.50 -0.76 1942 5.25 LUG LUNDIN GOLD I 81.60 3.11 3.96 1054 -28.43 LUN LUNDIN MINING 37.70 2.99 8.61 3700 27.80

MG MAGNA INTERNAT 98.66 2.52 2.62 2082 34.84 MFC MANULIFE FIN 62.98 0.72 1.16 8100 26.36 MFI MAPLE LEAF FO 29.00 0.40 1.40 187 16.33 MDA MDA SPACE LTD 48.10 5.66 13.34 1989 80.56 MX METHANEX CORP 75.31 -2.60 -3.34 322 38.34 MRU METRO INC 92.78 -0.40 -0.43 549 -6.08 MAU MONTAGE GOLD 17.11 1.25 7.88 1782 73.18 MTL MULLEN GROUP 27.28 -0.25 -0.91 379 73.32

NA NATIONAL BANK 226.10 -0.65 -0.29 994 30.99 NXE NEXGEN ENERGY 13.70 0.88 6.86 2427 8.47 NFI NFI GROUP INC 25.26 0.04 0.16 251 62.76 NGEX NGEX MINERAL 27.00 1.95 7.78 191 5.47 NPI NORTHLAND POW 21.70 -0.12 -0.55 1129 21.57 NG NOVAGOLD RES I 8.88 0.72 8.82 857 -30.63 NTR NUTRIEN LTD 94.21 -2.55 -2.64 1674 11.20

OR OR ROYALTIES I 43.30 1.64 3.94 519 -10.94 OGC OCEANAGOLD CO 35.27 1.47 4.35 858 -9.33 ONEX ONEX CORPORA 113.39 6.05 5.64 192 0.38 OTEX OPEN TEXT CO 37.16 1.62 4.56 472 -16.87 OLA ORLA MINING L 13.46 0.92 7.34 4941 -27.09

PAAS PAN AMERICAN 63.26 2.90 4.80 867 -11.10 POU PARAMOUNT RES 28.85 -0.74 -2.50 358 19.26 PXT PAREX RESOURC 23.49 -0.79 -3.25 1757 27.32 PPL PEMBINA PIPEL 68.04 -0.50 -0.73 3166 30.12 PPTA PERPETUA RES 29.10 3.32 12.88 119 -12.43 PEY PEYTO EXPLORA 25.23 -0.50 -1.94 868 11.10 POW POWER CORPORA 95.94 0.14 0.15 1649 31.51 PSK PRAIRIESKY RO 34.09 -0.58 -1.67 400 26.12 PBH PREMIUM BRAND 95.25 2.54 2.74 353 -6.35 PMZ-UN PRIMARIS R 22.66 -0.25 -1.09 560 45.35

QBR-B QUEBECOR IN 63.73 -1.14 -1.76 2217 23.27

RBA RB GLOBAL INC 156.06 2.30 1.50 260 10.44 QSR RESTAURANT BR 103.91 0.23 0.22 532 10.94 RCH RICHELIEU HAR 36.17 0.71 2.00 106 -8.57 REI-UN RIOCAN REA 21.79 -0.39 -1.76 1102 16.52 RCI-B ROGERS COMM 47.63 0.17 0.36 2829 -8.07 RY ROYAL BANK OF 293.47 0.06 0.02 4022 25.42 RUS RUSSEL METALS 69.68 2.42 3.60 325 59.09

债券 加拿大

期限 收益率 变化

2年期 2.83 -0.09 5年期 3.17 -0.11 10年期 3.55 -0.12 30年期 3.96 -0.10

利率 利率 变化

加拿大银行隔夜目标利率 2.25 不变 加拿大优惠利率 4.45 不变 来源:通讯社

GWO-PF-A GREAT WE 25.41 -0.47 7 2.17 GWO GREAT-WEST LI 93.29 0.35 0.38 1535 37.82 GWO-PR-G GREAT-WE 24.63 0.23 0.94 4 3.84 HMM-A HAMMOND MA 23.13 0.90 4.05 43 106.33 HBTA HUMILIS NORT 24.27 0.67 2.84 1 18.45 INGS ING CDR (CAD 43.08 2.07 5.05 28.60 IGM IGM FINANCIAL 90.93 3.77 4.33 770 47.11 IFC-PR-M INTACT F 25.50 0.05 0.20 3 0.20 JPM JPMORGAN CDR 45.66 0.81 1.81 30 9.10 MAL MAGELLAN AERO 37.68 3.02 8.71 119 103.46 MG MAGNA INTERNAT 98.66 2.52 2.62 2082 34.84 MFC MANULIFE FIN 62.98 0.72 1.16 8101 26.36 SPYU MEGALONG 3X 40.86 3.86 10.43 24 33.62 RIC RICHARDS GROU 30.60 1.26 48 -0.91 MIC--A SAGEN MI 24.00 0.40 1.69 4.30 SCHN SCHNEIDER EL 29.05 0.67 2.36 1 27.19 SRV-UN SIR ROYALT 16.42 0.14 0.86 2 12.70 SLF--G SUN LIFE 21.79 0.04 0.18 10.05 TRP--F TC ENERG 22.01 -0.10 -0.45 11.44 TCUS TRADING CENT 25.01 0.96 3.99 24.43

IS--A INFRASTRU 10.84 0.07 0.65 6 -2.87 SPYD MEGASHORT -3 9.15 -0.97 -9.58 81 -29.23 PCA PHOENIX METAL 1.15 0.00 0.00 151 -8.00 PWF--S POWER FI 21.75 -0.25 -1.14 2 -2.73 GASU SAVVYLONG GE 5.16 -0.32 -5.84 8 -53.72 TF TIMBERCREEK FI 6.20 0.15 2.48 361 -9.36

SAP SAPUTO INC. 39.40 -0.03 -0.08 841 -4.62 SEA SEABRIDGE GOL 38.33 2.19 6.06 82 -5.80 SES SECURE WASTE 24.64 0.48 1.99 855 42.68 SHOP SHOPIFY INC 173.41 9.23 5.62 2871 -21.53 SIA SIENNA SENIOR 22.02 -0.27 -1.21 426 7.78 SVM SILVERCORP ME 14.36 1.33 10.21 683 25.09 SKE SKEENA RESOUR 40.38 3.19 8.58 316 23.87 SRU-UN SMARTCENTR 29.11 -0.44 -1.49 497 13.05 SOBO SOUTH BOW CO 50.94 -1.04 -2.00 1079 34.94 SXGC SOUTHERN CRO 10.69 1.69 18.78 600 0.94 SDE SPARTAN DELTA 11.25 -0.65 -5.46 628 55.17 SII SPROTT INC. 147.33 3.25 2.26 101 9.59 SSRM SSR MINING I 37.45 1.61 4.49 566 24.46 STN STANTEC INC 102.10 3.17 3.20 625 -21.17 SJ STELLA JONES I 79.18 1.84 2.38 153 -6.99 SCR STRATHCONA RE 41.08 -1.44 -3.39 417 45.01 SLF SUN LIFE FINA 115.73 -0.58 2752 35.07 SU SUNCOR ENERGY 90.79 -3.35 -3.56 4800 49.03 SPB SUPERIOR PLUS 8.07 0.09 1.13 630 14.63

VET VERMILION ENE 15.51 -1.17 -7.01 2364 35.81 VZLA VIZSLA SILVE 4.78 0.40 9.13 1231 -36.44

WSP WSP GLOBAL IN 180.71 9.44 5.51 625 -27.29 WCN WASTE CONNECT 233.12 -1.72 -0.73 300 -3.16 WDO WESDOME GOLD 28.28 2.27 8.73 836 24.36 WFG WEST FRASER T 98.70 7.92 8.72 297 17.54 WN WESTON GEORGE 103.23 -1.54 -1.47 359 9.02 WPM WHEATON PRECI 162.42 9.94 6.52 914 0.66 WCP WHITECAP RESO 16.27 -0.27 -1.63 6053 41.48

货币 外汇交叉汇率

加元 美元 澳元 欧元 英镑 日元 瑞士法郎

Dense Tabular Data (Omitted) CAD - 0.7109 1.0092 0.6166 0.5284 112.16 0.5754 USD 1.4066 - 1.4196 0.8673 0.7433 157.77 0.8093 AUD 0.9908 0.7044 - 0.6109 0.5235 111.12 0.5701 EUR 1.6217 1.1530 1.6368 - 0.8570 181.89 0.9331 GBP 1.8924 1.3454 1.9100 1.1670 - 212.24 1.0888 JPY 0.0089 0.0063 0.0090 0.0055 0.0047 - 0.0051 CHF 1.7382 1.2357 1.7540 1.0717 0.9184 194.94 -

2026年8月5日 星期三 环球邮报

O B11 体育

刚刚赢得首个WTA巡回赛冠军,

伊拉与菲律宾追随者备战多伦多国家银行公开赛

[ 国家银行公开赛 ]

格雷厄姆·邓巴 瑞士 日内瓦 W

雷切尔·布雷迪

无论在哪里比赛,菲律宾支持者都会大批涌现,为来自菲律宾的开拓性职业网球选手亚历克斯·伊拉加油助威。周三,多伦多将成为这一日益高涨热潮的中心,当晚国家银行公开赛的门票已售罄。 这位21岁的选手周一在DC公开赛上成为首位赢得WTA单打冠军的菲律宾女将,这将助她创下职业生涯新高——第20位的排名,同时也是她祖国的最佳纪录。伊拉整个夏天都在击败顶尖选手,被誉为女子巡回赛的未来。 国家银行公开赛的组织者数月来一直期待伊拉首次亮相多伦多,这位期待已久的新星近期排名飙升,追随者也与日俱增。预计周三将有大批该市庞大的菲律宾侨民到场观赛,组织者特意安排她在加拿大世界排名第34位的莱拉·费尔南德斯比赛后出场,后者同样受到菲律宾裔加拿大社区的关注。费尔南德斯的父亲来自厄瓜多尔,母亲则是菲律宾裔。伊拉与费尔南德斯是朋友。

回球能力出色

阿丽娜·萨巴伦卡在周二国家银行公开赛多伦多站第二轮比赛中对阵内藤桃子时击球。萨巴伦卡以6比3、6比3获胜 B13

国家银行公开赛甚至在周三为球迷特别推出了一道菲律宾菜肴——阿多波鸡,这一创意来自网球加拿大赛事团队中的一位菲律宾裔加拿大员工。 “同一晚能看到她们两人比赛,对社区来说太棒了,”网球加拿大票务与服务高级总监杰森·马格兰泰表示。 马格兰泰是多伦多人,他表示自己的菲律宾家人和朋友都在热议伊拉。他在关注的Facebook和其他社交平台上的菲律宾社区也是如此。 早在今年1月观看澳网时,他就开始想象伊拉首次访问多伦多可能引发的轰动。当时伊拉被安排在一座仅容纳数百名观众的小球场比赛,而场外还有数千人等待入场。 今年伊拉的热度持续攀升,先后在迈阿密打入16强,柏林闯入半决赛,并在温布尔登击败当时世界排名第3位的伊加·斯维亚特克。此后,伊拉在马拉卡南宫受到菲律宾总统费迪南德(邦邦)·马科斯 Jr.的总统嘉奖。

伊拉,B13

丹·汉密尔顿 / IMAGN图片社 通过路透社

[...OMITTED...]

两名国际足联高管与因凡蒂诺失败的世界杯出售计划保持距离

两名国际足联高级官员——传奇教练阿尔塞纳·温格和类似首席执行官的秘书长马蒂亚斯·格拉夫斯特伦——于周二与其上司詹尼·因凡蒂诺失败的计划保持距离,该计划旨在将未来世界杯利润的股份出售给私人投资者。

温格在一份声明中表示,他对这项$20的计划一无所知,并称放弃该提案“绝对必要”。格拉夫斯特伦则向所有国际足联员工发送了一封电子邮件(美联社获悉),称过去一周是“一系列令人悲伤和应受谴责的事件”,并表示这造成了“难以理解和接受的混乱”。

两人均未直接点名因凡蒂诺,也未对这位如今身陷困境的主席表示支持。

温格和格拉夫斯特伦的言论与国际足联首席运营官凯文·拉穆尔上周五的直接批评如出一辙。拉穆尔表示,员工被因凡蒂诺的私募股权计划“欺骗”,该计划在全球足坛引发了轩然大波。他称其为“一个人的项目”,并表示国际足联员工“理应得到比蔑视和恐吓更好的对待”。

这三位高管在国际足联211个成员协会中颇受尊敬和信任,如今对因凡蒂诺主席职位的掌控力构成影响。就在两周前,世界杯刚刚结束时,因凡蒂诺的主席地位看起来还坚不可摧。

温格、格拉夫斯特伦和拉穆尔还被欧足联律师在致因凡蒂诺的信中点名,要求保留18名高管的数据和通信记录,作为潜在证据。

“你们不必担心,”格拉夫斯特伦周二在写给数百名主要驻扎在苏黎世和佛罗里达州科勒尔盖布尔斯的国际足联员工的邮件中表示,“我向你们保证,作为行政部门的一员,你们将得到保护,免受我们当前经历的政治背景的影响。”

温格于2019年被因凡蒂诺聘用,担任国际足联全球足球发展主管。他表示:“我未参与此战略计划,也是通过媒体报道才首次得知该项目。”

因凡蒂诺在全球足球官员——包括欧洲足联警告抵制所有国际足联赛事和活动——的强烈反对下,于周六早些时候撤回了其$20的提案。该计划拟成立一家名为“FIFA Forward Enterprise”(FFE)的子公司,负责管理这家非营利性足球机构的盈利业务:组织世界杯等赛事,出售转播和赞助权,以及门票和接待服务。

该提案建议通过出售FFE约20%的股份筹集$4.2的资金,基于$20的股权估值。首席投资者原定为由约书亚·库什纳创立的“Thrive Eternal”,其兄长贾里德·库什纳是美国总统唐纳德·特朗普的女婿。

“撤回该项目的决定绝对必要且毋庸置疑,因为我坚信国际足联应独立运作,以承诺、透明和正直的态度服务于我们的足球运动,”温格写道。

国际足联211个成员协会——作为瑞士法律下的非营利性协会,实际上是该管理机构的所有者——每家被提供了$20。接受的截止日期为9月19日。

他们还被承诺在2030年前的四年内,国际足联的资金将从之前宣布的$10翻倍至$20。

新任MLS主席力求延续持续增长

MLS

离任的联盟主席

唐·加伯见证联赛 从12支球队扩展至30支, 其中5支球队估值达10亿美元

安妮·M·彼得森

即将上任的美国职业足球大联盟(MLS)主席拉里·伯格认为, 他的角色是延续即将离任的前任唐·加伯在任期间联赛的发展轨迹。 在加伯长达27年的任期内,联赛已扩展至30支球队, 伯格如今将把握今夏世界杯的成功契机, 并引领联赛明年向新的国际赛程过渡。

“我想,我之所以主动请缨, 是因为我感到自己有热情和激情, 希望能让其他人——在某些情况下—— 通过我的视角看到我们的发展方向、 未来的可能性以及它能成为什么样子,” 伯格在接受美联社采访时表示。 “我为我们已经取得的成就感到自豪。 我认为我们已经走过了非常、非常漫长的道路。”

伯格是洛杉矶FC的联合拥有者, 将于明年初正式接任主席一职。 自1999年起担任联赛主席的加伯, 将在过渡期内提供指导, 随后转任新职位——联盟主席。

加伯表示,理想的接班人应能团结整个MLS生态系统, 围绕共同愿景凝聚力量。 他相信,在伯格的领导下,联赛将实现这一目标。 伯格将成为联赛历史上第3位主席。

“我认为,他通过一套非常全面的流程, 已经让联盟的所有者相信, 他具备完成这两项最重要任务的能力——”

美联社

MLB

美国联盟 国家联盟

东区 胜 负 胜率 胜差 坦帕湾 66 46 .589 — 纽约 64 50 .561 3 波士顿 60 51 .541 5½ 巴尔的摩 55 58 .487 11½ 多伦多 53 60 .469 13½

中区 芝加哥 59 52 .532 — 克利夫兰 57 57 .500 3½ 明尼苏达 56 .496 4 底特律 54 58 .482 5½ 堪萨斯城 46 67 .407 14

西区 休斯顿 56 .509 西雅图 55 .487 2½ 德克萨斯 2½ 奥克兰 45 68 .398 12½ 洛杉矶 43 70 .381 14½

东区

周二 巴尔的摩 3比1 胜 洛杉矶天使 芝加哥白袜 对 波士顿 明尼苏达 对 堪萨斯城 多伦多 对 休斯顿 底特律 对 西雅图

周一 多伦多 3比1 胜 休斯顿

周三 所有时间均为东部时间 多伦多(西斯 7胜5负)对 休斯顿(布朗 3胜1负),下午2:10 洛杉矶天使(德特默斯 3胜7负)对 巴尔的摩(罗杰斯 6胜7负),下午6:35 芝加哥白袜(伯克 7胜5负)对 波士顿(格雷 13胜2负),晚上7:10 明尼苏达(克雷默 1胜4负)对 堪萨斯城(卡梅伦 5胜8负),晚上7:40 底特律(梅尔顿 6胜1负)对 西雅图(吴 7胜8负),晚上9:40

跨联盟比赛

周二 辛辛那提 5比4 胜 奥克兰 纽约大都会 6比2 胜 克利夫兰 纽约洋基 2比0 胜 圣路易斯 旧金山 对 德克萨斯 坦帕湾 对 科罗拉多

周一 圣路易斯 13比7 胜 纽约洋基 旧金山 5比1 胜 德克萨斯 坦帕湾 13比9 胜 科罗拉多

周三 所有时间均为东部时间 旧金山(怀森亨特 2胜2负)对 德克萨斯(待定),下午2:35 坦帕湾(马丁内斯 10胜3负)对 科罗拉多(菅野 11胜4负),下午3:10 奥克兰(巴内特 1胜1负)对 辛辛那提(劳德 3胜7负),晚上6:40 纽约大都会(麦克莱恩 7胜7负)对 克利夫兰(塞科尼 4胜7负),晚上6:40 圣路易斯(利希 7胜4负)对 纽约洋基(沃伦 8胜5负),晚上7:05

截至周二8月4日晚上9:45的比赛结果

边栏专栏

脱靶

速度缓冲

怪诞

新任美国职业足球大联盟主席 拉里·伯格(右)周二在纽约 举行的新闻发布会上发言。 约翰·琼斯 / IMAGN图片社 路透社图片

胜 负 胜率 胜差 亚特兰大 68 45 .602 费城 61 53 .535 7½ 迈阿密 .509 10½ 华盛顿 .478 14 纽约 48 66 .421 20½

中区 密尔沃基 69 43 .616 芝加哥 64 49 .566 匹兹堡 .500 13 圣路易斯 .491 辛辛那提 54 .482 15

西区 洛杉矶 69 44 .611 亚利桑那 .531 9 圣迭戈 .513 11 旧金山 48 65 .425 21 科罗拉多 .398 24

费城 5比0 胜 华盛顿 亚特兰大 4比2 胜 迈阿密 匹兹堡 对 密尔沃基 洛杉矶道奇 对 芝加哥小熊 圣迭戈 对 亚利桑那

费城 6比3 胜 华盛顿 匹兹堡 4比3 胜 密尔沃基 芝加哥小熊 10比5 胜 洛杉矶道奇 亚利桑那 5比1 胜 圣迭戈

周三 均为东部时间 洛杉矶道奇队(劳尔 6胜5负)对阵芝加哥小熊队(今永 7胜9负),下午2:20 华盛顿队(欧文 2胜5负)对阵费城队(佩因特 1胜8负),晚上6:40 迈阿密队(佩雷斯 5胜8负)对阵亚特兰大队(埃尔德 7胜6负),晚上7:15 匹兹堡队(斯基恩斯 9胜9负)对阵密尔沃基队(待定),晚上7:40 圣迭戈队(待定)对阵亚利桑那队(布拉特 0胜1负),晚上9:40

8月8日,周六 联盟决赛 (单场淘汰制) 东部联盟 排名最低球队对阵剩余最高种子球队,下午1点或3:30 西部联盟 排名最低球队对阵剩余最高种子球队,下午1点或3:30 加拿大橄榄球联赛(CFL)

东部联盟

比赛场次 胜 负 得分 失分 积分 蒙特利尔 8 7 1 273 217 14 多伦多 7 3 4 220 219 6 汉密尔顿 8 3 5 187 234 6 渥太华 7 0 7 166 247 0 西部赛区

比赛场次 胜 负 得分 失分 积分 埃德蒙顿 8 6 2 229 200 12 萨斯喀彻温 7 5 2 232 195 10 卡尔加里 8 4 4 322 264 8 温尼伯 8 4 4 204 243 8 不列颠哥伦比亚 7 2 5 187 201 4 第10周 轮空:温尼伯 周四 均为东部时间 卡尔加里对阵多伦多,晚上7:30

8月7日,周五 渥太华对阵萨斯喀彻温,晚上9点

8月8日,周六 埃德蒙顿对阵蒙特利尔,下午3点 汉密尔顿对阵不列颠哥伦比亚,晚上7点

“重要的事情是创造这种愿景,然后让业主们团结在它周围,”加伯说。“这需要良好的关系。需要具备制定计划并付诸行动的能力......他[伯格]非常聪明。他不会以自我为中心来领导。他通过理解不同的观点来领导,我认为这是担任专员的一个非常重要的部分。” 现年60岁的伯格曾担任MLS体育与竞赛委员会联合主席,将出售其在洛杉矶FC的所有权权益。周二,他在联盟纽约总部正式被介绍为新任专员,此前一天,他获得了业主们所需的三分之二投票支持。 “首先,他热爱足球,而

比赛场次 胜 负 平 得分 失分 积分 纳什维尔 18 12 2 4 35 14 40 迈阿密 18 11 2 5 45 32 38 新英格兰 17 9 5 3 28 21 30 芝加哥 17 9 6 2 32 23 29 纽约城FC 18 7 6 5 31 24 26 辛辛那提 18 7 6 5 45 44 26 夏洛特 18 7 7 4 29 27 25 纽约红牛 18 7 7 4 29 39 25 华盛顿特区 18 5 5 8 26 29 23 奥兰多 18 6 10 2 30 47 20 哥伦布 18 5 8 5 26 28 20 多伦多 18 3 7 8 24 32 17 费城 18 4 10 4 25 33 16 蒙特利尔 18 4 10 4 24 35 16 亚特兰大 18 3 12 3 19 33 12 西部联盟 温哥华 17 10 3 4 38 17 34 洛杉矶FC 19 10 5 4 35 19 34 圣何塞 18 10 5 3 37 24 33 休斯顿 17 9 6 2 25 24 29 盐湖城 17 8 6 3 29 25 27 达拉斯 18 7 5 6 32 25 27 圣路易斯 18 7 6 5 24 24 26 西雅图 17 7 7 3 20 22 24 波特兰 18 7 8 3 33 33 24 明尼苏达 18 6 6 6 20 25 24 科罗拉多 18 7 10 1 27 25 22 洛杉矶银河 19 5 7 7 24 29 22 圣迭戈 18 5 7 6 32 29 21 奥斯汀 18 4 9 5 22 36 17 堪萨斯城 18 4 12 2 18 46 14 周六 休斯顿对阵新英格兰,下午4:30

NSL

比赛场次 胜 负 平 得分 失分 积分 渥太华 14 10 2 2 32 17 32 蒙特利尔 14 8 3 3 28 16 27 多伦多 14 7 4 3 24 13 24 哈利法克斯 14 5 6 3 17 14 18 温哥华 14 5 8 1 23 34 16 卡尔加里 14 0 12 2 9 39 2 注:胜一场得3分,平一场得1分。 周一 渥太华 2比2 哈利法克斯

周五 — 均为东部时间 哈利法克斯对阵蒙特利尔,晚上7点

卡尔加里对阵温哥华,晚上7点

加拿大超级联赛(CPL)

汉密尔顿 14 11 1 2 23 8 35 卡尔加里 15 10 2 3 30 8 33 温哥华 15 7 6 2 24 16 23 渥太华 15 6 6 3 23 28 21 魁北克 14 5 7 2 21 26 17 哈利法克斯 16 4 7 5 20 24 17 多伦多 13 3 6 4 15 30 13 维多利亚 14 0 11 3 16 32 3 周五 — 均为东部时间 温哥华对阵汉密尔顿,晚上7点

哈利法克斯对阵渥太华,下午1点 多伦多对阵维多利亚,下午5点 卡尔加里对阵魁北克,晚上8点

以下是忠实于原文的中文翻译:

我认为,除了他的家人,足球是他生活中最重要的事情。其次,他非常了解这个联赛。我们有30位优秀的老板,他们都非常投入联赛。但可以肯定地说,拉里在过去五年里是最投入的老板,”哥伦布机组老板吉米·哈斯拉姆说。“他了解我们做得好的地方,也知道我们的机会在哪里。我认为他与所有老板的关系都非常好。经历这个过程肯定增强了这种关系。”

伯格此前曾持有意大利俱乐部AS罗马以及英格兰联赛球队斯旺西的股份。在伯格的所有权下,洛杉矶FC赢得了2022年的MLS杯和2019年的支持者盾牌。

在加伯的领导下,联赛已从12支球队扩展到30支

WNBA

W L 胜率 胜差 印第安纳 19 11 .633 — 亚特兰大 18 11 .621 ½ 纽约 18 13 .581 1½ 华盛顿 16 12 .571 2 芝加哥 19 .367 8 多伦多 10 .345 8½ 康涅狄格 7 23 .233 12

W L 胜率 胜差 明尼苏达 25 6 .806 — 拉斯维加斯 21 9 .700 3½ 金州 20 9 .690 4 达拉斯 .633 5½ 洛杉矶 17 .393 12½ 凤凰城 .387 13 波特兰 .367 13½ 西雅图 6 26 .188 19½ 周二 多伦多对金州

周一 纽约 95, 西雅图 83 拉斯维加斯 109, 亚特兰大 87 凤凰城 106, 芝加哥 101

周三 均为东部时间 凤凰城对亚特兰大,晚7点 西雅图对纽约,晚7点 达拉斯对华盛顿,晚7点30分 洛杉矶对芝加哥,晚9点

周四 拉斯维加斯对印第安纳,晚7点 洛杉矶对明尼苏达,晚9点 多伦多对波特兰,晚10点

周五 亚特兰大对华盛顿,晚7点30分 凤凰城对康涅狄格,晚7点30分 金州对达拉斯,晚9点30分

2026年加拿大女子俱乐部锦标赛

四分之一决赛 (单败淘汰制) 周一 渥太华迅速(NSL)3, 哈利法克斯潮汐(NSL)2(加时赛)

周三 CS蒙罗亚尔奥特勒蒙(LS Pro QC)对卡尔加里野猫(NSL),晚9点

非洲女子国家杯

小组赛 周二 南非 1, 布基纳法索 0 科特迪瓦 2, 坦桑尼亚 1

肯尼亚 0, 阿尔及利亚 2 塞内加尔 0, 摩洛哥 0

均为东部时间 马拉维对赞比亚,下午4点 埃及对尼日利亚,下午4点

ATP / WTA巡回赛

国家银行公开赛

在多伦多和蒙特利尔 奖金:$9,415,725 场地:室外硬地 男子单打——128强 塞巴斯蒂安·巴埃斯(阿根廷)胜马蒂亚·贝卢奇(意大利),7-5, 6-3 詹森·布鲁克斯比(美国)胜亚当·沃尔顿(澳大利亚),6-3, 6-4 斯特凡诺斯·西西帕斯(希腊)胜马丁·达姆(美国),6-4, 6-4 休伯特·胡尔卡奇(波兰)胜马科斯·吉隆(美国),7-5, 4-6, 6-2 蒂亚戈·奥古斯丁·蒂兰特(阿根廷)胜邓肯·陈(加拿大),6-3, 1-6, 7-6 (3) 扎卡里·斯瓦伊达(美国)胜丹尼斯·沙波瓦洛夫(安大略省沃恩),4-6, 6-4, 3-0(退赛) 雅各布·费恩利(英国)胜阿德里安·马纳里诺(法国),7-6 (3), 6-4 瓦朗坦·鲁瓦耶(法国)胜巴勃罗·卡雷尼奥·布斯塔(西班牙),1-6, 7-5, 6-2 阿列克谢·波佩林(澳大利亚)胜罗曼·安德烈斯·布鲁查加(阿根廷),4-6, 7-5, 6-3 丹尼尔·梅里达(西班牙)胜利亚姆·德拉克斯尔(加拿大),3-6, 6-4, 6-4 胡安·曼努埃尔·塞伦多洛(阿根廷)胜哈马德·梅杰多维奇(塞尔维亚),6-4, 6-2 特伦斯·阿特曼(法国)胜杰克·德雷珀(英国),6-3, 2-6, 6-2 博迪克·范德赞舒尔普(荷兰)胜乔瓦尼·姆佩特希·佩里卡德(法国),6-2, 3-6, 6-3 塔隆·格里克斯普尔(荷兰)胜洛伦佐·索内戈(意大利),7-6 (5), 7-5 法比安·马罗赞(匈牙利)胜望月慎太郎(日本),6-4, 6-3 单打——64强 亚历山大·布洛克(27号种子,比利时)胜豪梅·穆纳尔(西班牙),因伤退赛 商俊诚(中国)胜安德烈·鲁布廖夫(10号种子,俄罗斯),7-5, 4-6, 7-6 (5) 伊日·莱赫奇卡(8号种子,捷克)胜维特·科普日瓦(捷克),6-4, 6-2 布兰登·中岛(28号种子,美国)胜丹尼尔·阿尔特迈尔(德国),6-2, 6-1

女子 单打——64强 埃莉娜·斯维托丽娜(9),乌克兰,战胜杰西卡· 博萨斯·马内罗,西班牙,6-7(5),7-6(4), 6-4。 伊加·斯维亚特克(7),波兰,战胜萨拉· 贝杰尔克,捷克,6-0,6-3。 叶卡捷琳娜·亚历山德罗娃(16),俄罗斯,战胜 卡米拉·奥索里奥,哥伦比亚,6-3,7-6(4)。 维多利亚·格鲁比奇,瑞士,战胜 唐娜·维基奇(31),克罗地亚,5-7,6-2,6-3。 玛尔塔·科斯秋克(10),乌克兰,战胜凯瑟- 琳·塞博夫,多伦多,安大略省,7-6(4),6-0。 戴安娜·施奈德(15),俄罗斯,战胜丽贝卡 ·斯拉姆科娃,斯洛伐克,6-2,4-6,6-1。 塔莉娅·吉布森,澳大利亚,战胜玛娅 ·赫瓦林斯卡(18),波兰,7-5,6-1。 阿纳斯塔西娅·波塔波娃(24),俄罗斯,战胜 埃琳娜-加布里埃拉·鲁塞,罗马尼亚,6-4,6-2。 阿曼达·阿尼西莫娃(8),美国, 战胜兰拉娜·塔拉鲁迪,泰国,因伤退赛。 张帅,中国,战胜耶莲娜· 奥斯塔彭科(26),拉脱维亚,6-0,4-0,退赛。 麦迪逊·基斯(19),美国,战胜 安东尼娅·鲁齐奇,克罗地亚,6-1,6-2。

他创立了联盟的市场推广机构——足球联合营销(Soccer United Marketing),推动建设专为足球设计的体育场,并促进美国青训学院体系的发展。根据《福布斯》数据,五家俱乐部——梅西所在的国际迈阿密、洛杉矶FC、洛杉矶银河、亚特兰大联队和纽约城FC的估值均超过10亿美元。

初期,伯格将负责联盟向新赛程的过渡,将赛季从夏季至春季的日程调整为与国际赛程更加接轨。目前联盟采用的是冬末至秋末的赛程。在本赛季结束后,MLS将在2027年初举办一届缩短的14场比赛的“冲刺赛季”,随后于7月启用新赛程,联赛冠军将于2028年5月产生。

伯格还将负责谈判新的媒体版权协议。现有与Apple TV的合同将于2029年到期。联盟还在考虑修改球队名单规则。

“这一直是我毕生的热情所在。这项运动以及我生命中一些最美好的时光都与洛杉矶FC和体育竞赛委员会有关,”伯格说。“我有很多想法。我感觉我们正处于一个巨大成功的节点,无论是比赛本身还是现场观赛体验等方面。但正如世界杯所展示的,你可以非常开心且非常成功,但总是有更高的目标。你总想更进一步。”

2026年辛卡-格雷茨基杯

小组赛

在埃德蒙顿 周二 捷克 8,德国 3 瑞士 7,瑞典 6 加拿大 6,斯洛伐克 1 芬兰 vs. 美国

周一 芬兰 5,德国 2 美国 6,捷克 4 加拿大 7,瑞士 3 瑞典 4,斯洛伐克 3(加时)

周三 —— 所有时间均为东部时间 瑞士 vs. 斯洛伐克,下午3点 捷克 . 芬兰,下午5点 瑞典 . 加拿大,晚上7点 美国 . 德国,晚上9点 小组赛结束

加拿大精英篮球联赛(CEBL)

周一 萨斯卡通 96,卡尔加里 80 士嘉堡 91,布兰普顿 77 常规赛结束

季后赛 周四 —— 所有时间均为东部时间 分区半决赛 (单场淘汰) 东部赛区 渥太华(3) . 布兰普顿(2),晚上7点 尼亚加拉(4) . 士嘉堡(1),晚上7:30 西部赛区 萨斯卡通(3) . 温尼伯(2),晚上8:30 埃德蒙顿(4) . 温哥华(1),晚上10点

电视转播 周三(所有时间均为东部时间)

棒球 MLB:多伦多蓝鸟 . 休斯敦太空人,下午2点,SNO,SN590 MLB:圣路易斯红雀 . 纽约洋基,晚上7点,TSN5

篮球 WNBA:达拉斯飞翼 . 华盛顿神秘人,晚上7:30,NBATV

冰球 辛卡-格雷茨基杯: 瑞士 . 斯洛伐克,下午3点,TSN4 瑞典 . 加拿大,晚上7点,TSN4

足球 联赛杯:西雅图海湾人 . 托卢卡FC,晚上10点,TSN5

网球 ATP / WTA:国家银行公开赛,早轮,上午11点,SN1;12:30,SN360;晚上7点,SN1,SN)

踝伤迫使沙波瓦洛夫在国家银行公开赛首轮退赛

伤病限制了这位加拿大选手的2026赛季表现,周二在比赛进行100分钟后被迫离场

丹尼尔·雷恩伯德 蒙特利尔

丹尼斯·沙波瓦洛夫周一曾警告说他的身体正在承受巨大压力。约24小时后,这位加拿大选手未能完成在国家银行公开赛的首场比赛。周二下午的首轮比赛中,沙波瓦洛夫因踝伤被迫退赛,当时他以3-0落后于美国选手扎卡里·斯瓦伊达,比赛进入第三盘。“这是一项对我来说非常特别的赛事,所以我想全力以赴,”这位来自安大略省列治文山的27岁选手在退赛近两小时后说道。“身体状况越来越糟,身体一直在告诉我不行。”沙波瓦洛夫在开局阶段表现出色,以6-4赢下首盘,并在盘点时发出一记Ace球,展现出曾让蒙特利尔观众为之倾倒的进攻风采。但伤情在第二盘后半段发球时达到极限,他最终以4-6输掉该盘。世界排名第43位的他因疼痛皱眉,并在IGA体育场接受了场外医疗暂停。约10分钟后他重返赛场,但动作明显受限,最终在比赛进行1小时40分钟后退赛。“就是无法跨过终点线,”他说。“感觉身体其他部位也开始出问题了。”“我开始出现肌肉紧张,腿筋和股四头肌也出现问题。膝盖也开始有感觉,所以是一系列问题叠加,因踝伤过度代偿导致情况变得相当糟糕。”沙波瓦洛夫周日晚抵达蒙特利尔,此前在墨西哥洛斯卡沃斯举行的ATP250赛事决赛中不敌阿蒂尔·热亚,未能卫冕冠军。踝伤正是从那时开始的——而跨大陆旅行加上短暂周转来到蒙特利尔参赛,更是雪上加霜。他形容过去几天“相当痛苦”,甚至周二踏上中央球场都不是板上钉钉的事。“很艰难,”他说。“昨天和今天早上热身时感觉击球状态还不错,但确实存在不确定性。甚至今天热身时,我们都不确定。”“考虑到今天身体状况有多糟,我今天可能不该上场比赛,”他随后补充道。沙波瓦洛夫周一还提到身体上

伊拉:大多伦多地区拥有全球最大的菲律宾侨民群体之一

来自B11版

来自B11版

她的 社交媒体 粉丝数量 正在激增——目前Instagram上有160万 粉丝。 “和社区里的家人朋友交流时,大家开始问我关于她的事。‘她要来吗,能多告诉我一些她的情况吗?’”马格兰泰说。“这些人甚至都不关注网球。” 当 NB公开赛 周五宣布伊拉将在多伦多参赛时,马格兰泰的手机被朋友和家人的消息“轰炸”了,而她在华盛顿获胜后,消息又再次涌入。 “我们对任何来自菲律宾的成就都感到自豪,”马格兰泰说。“在菲律宾人中引发这种热潮的体育领域,我唯一知道的可能就是拳击手曼尼·帕奎奥了。” 主办方还联系了多伦多的 菲律宾社区 团体和领事馆,以推广这项赛事。 大多伦多地区拥有全球最大的菲律宾侨民群体之一。周三晚场的 中心球场 所有座位均已售罄,届时费尔南德斯将对阵墨西哥选手雷娜塔·扎拉苏亚,随后伊拉将迎战美国选手阿莉西娅·帕克斯。 Sobeys体育场可容纳 10,077 人。马格兰泰预计

加拿大选手丹尼斯·沙波瓦洛夫(中)在周二于蒙特利尔举行的国家银行公开赛男子单打首轮比赛中因医疗暂停离场,对手为扎卡里·斯瓦伊达。MINAS PANAGIOTAKIS / GETTY IMAGES

小威廉姆斯姐妹将在辛辛那提公开赛搭档双打

威廉姆斯姐妹将在美网前重返双打赛场。 塞雷娜和维纳斯·威廉姆斯将参加下周开始的辛辛那提公开赛。 主办方周一宣布,她们已获得双打项目的外卡资格。 她们上一次搭档双打是在2022年美网。这是她们首次在俄亥俄州梅森举行的硬地热身赛中搭档。 威廉姆斯姐妹获得了双打

本赛季的肋骨骨折、肩伤和膝盖问题,使得人们对这位ATP大师赛1000 分赛事的期望有所降温。 自2019年以来,他一直在加拿大公开赛上寻求首场胜利,九年前正是在这里,他首次在职业巡回赛上崭露头角。 刚满18, 岁时,沙波瓦洛夫在2017年蒙特利尔赛事中一路击败头号种子西班牙传奇拉斐尔·纳达尔,闯入半决赛。 这位风格潇洒、挥拍自由的天才选手——当时还戴着反戴的棒球帽——随后闯入ATP

八 out of 10 名球迷可能是菲律宾裔。球迷们还将有机会在NBO赛事中看到她搭档网球传奇维纳斯·威廉姆斯参加双打。

很高兴看到菲律宾社区 真的来支持,他们 很享受网球……希望 这能帮助这项运动 发展,并最终给他们 带来全新的体验, 一种快乐的体验。

亚历克斯·伊拉 职业网球运动员

“我真的非常兴奋能感受这里的氛围,”伊拉周二在从华盛顿抵达后的首场新闻发布会上说。 “很高兴看到菲律宾社区真的来支持,他们很享受网球……希望这能帮助这项运动发展,并最终给他们带来全新的体验,一种快乐的体验。” 虽然这是她首次在多伦多参加赛事,但网球界对这位新星伊拉的讨论已有一段时间。

在温布尔登,但塞雷娜的伤病使这一计划未能实现。她们在双打比赛中赢得了14 个大满贯冠军和3枚奥运金牌。 46, 岁的维纳斯·威廉姆斯将在本月下旬于纽约举行的美网上搭档亚历山大·布布利克参加混双比赛。她与44 岁的妹妹在辛辛那提搭档,是塞雷娜在温网首场单打比赛(近四年来的首场单打比赛)失利后复出的最新举措。 美联社

在21岁时排名前10,但因严重膝伤导致2023年赛季受挫并延续至2024年,排名一度跌至第140位。

沙波瓦洛夫去年在低调复出中排名上升至第23位,但伤病阻碍了他本赛季延续这一势头。

“这是令人烦恼的一年,”他说,“一件事接一件事,感觉就像这样。所以很沮丧,但你看,我带着肋骨骨折参加了温布尔登。我带着肿胀的脚踝在这里比赛。而且,是的,我仍在竞争。我仍然接近这些家伙。”

这位出生于菲律宾奎松市的球员自2018年以来一直在西班牙马纳科尔的拉斐尔·纳达尔学院训练。

“学院在我的生活中扮演了相当重要的角色,”他说,“我13岁时去那里训练……他们联系了我的家人,我作为奖学金生去了那里。”

亚历克斯·埃亚拉在2022年赢得了美国公开赛青少年女子单打冠军——这是菲律宾首个青少年大满贯单打桂冠。此前,她还在2020年澳大利亚公开赛和2021年法网赢得了青少年双打大满贯。

上周,埃亚拉在华盛顿一路击败多位种子选手,赢得了她的首个巡回赛冠军。战胜埃莉娜·斯维托丽娜、大坂直美和费尔南德斯后,她在长周末的三盘雨战中逆转击败了赛会头号种子、世界排名第3的杰西卡·佩古拉,比分为4-6、6-4、6-0。

在比赛期间,佩古拉称埃亚拉为“巡回赛的未来”。纳达尔在X上向她表示祝贺,学院的团队也向她表示祝贺。

“能代表我的国家是一种荣誉,我非常感激最近得到的所有关爱和认可,”埃亚拉说,“在经历这些特殊时刻时,它们确实会变得相当压倒性,尤其是当我第一次经历这些事情时。但一切都是积极的。”

世界排名第87位的斯瓦伊达晋级第二轮,将对阵法国第18号种子阿蒂尔·菲尔斯。

与此同时,沙波瓦洛夫将评估自己是否能参加辛辛那提公开赛,正赛将于8月13日开始。

“对我来说,关键是尽量多花点时间保持健康,”他说,“不幸的是,现在的巡回赛非常不留情面。几乎没有几周可以让你休息放松。

“我可能很快就得开始做出一些更艰难的决定,优先考虑身体健康,因为我知道如果我健康且状态良好,就能发挥出高水平。”

周二早些时候,加拿大资格赛选手邓肯·陈在首轮不敌阿根廷选手蒂亚戈·阿古斯丁·蒂兰特,无缘晋级。

世界排名第601位的陈在两小时一分钟的比赛中以6-3、1-6、7-6(3)告负,此前他曾击败法国第90位的雨果·加斯顿,获得男子单打正赛资格。

与资格赛时类似,这位来自安大略省万锦市的21岁小将在第三盘时看到观众席上座无虚席。输球后,他为排队的球迷签名,这是他职业生涯中的第一次。

“我看到没有空座位,心想,‘哦,挺好的,’”他说,“这里有这么多支持者在——”

国际足联

因凡蒂诺在7月19日北美世界杯决赛结束仅一周后,向国际足联管理层分享了该项目的细节。这届财务上成功的世界杯使国际足联在2023-26商业周期的收入达到US$15-billion,几乎是2022年卡塔尔世界杯收入的两倍。格拉夫斯特伦是因凡蒂诺在欧足联共事时的长期忠实助手,他敦促国际足联员工“继续为首届48支球队的世界杯感到自豪和高兴”。“一系列令人遗憾且应受谴责的事件——幸而最终以FFE项目被永久放弃告终——尽管我们对此感到沮丧,但不应掩盖这一现实,”他写道。在美国、加拿大和墨西哥举办的世界杯在赛场上被认为是成功的,尽管它与因凡蒂诺的亲密盟友特朗普有关的前所未有的问题,后者在12月的赛事抽签仪式上获得了国际足联特别设立的国际足联和平奖。

在赛事期间,伊朗队无法留在美国参加三场比赛,一名由国际足联指定的索马里裁判被拒绝入境,而美国前锋福拉林·巴洛贡在上一场比赛中吃到红牌后仍获准对阵比利时。“我们都被卷入了一场难以理解和接受的混乱之中,但作为秘书长,我敦促你们保持专注于一直以来将我们团结在一起的事业,”格拉夫斯特伦写道。“只要我的工作仍受到我们服务对象的重视,我将继续每时每刻支持我们的团队、我们的工作和我们的使命。”因凡蒂诺自周六早些时候国际足联发表声明宣布该提案被撤销后,尚未公开就足球界的分裂发表评论。他的官方Instagram账号发布了来自多个成员协会的支持信,包括2030年世界杯联合主办国摩洛哥、卡塔尔和阿拉伯联合酋长国。因凡蒂诺已担任国际足联主席10年多,并似乎确定将在2024年3月在摩洛哥无对手连任。国际足联已设定11月18日为挑战者提名的最后期限,瑞典足球领导人周一表示,欧足联正在寻找一名竞争候选人。

“在蒙特利尔,感觉完全不同,有这么多人支持你,能从观众那里获得能量。”Chan下周将返回德克萨斯基督教大学,在进入大四之际,他的学业将让位于网球。

“经济学,但嗯……不太确定,我猜,”当被问及主修专业时他说道。“我只是及格。”他计划在NCAA打球至5月,然后在职业巡回赛上检验自己的实力。

此外,来自安大略省纽马基特的利亚姆·德拉克斯尔在首轮比赛中以3-6、6-4、6-4不敌西班牙选手丹尼尔·梅里达;希腊前世界排名第三的斯特凡诺斯·齐齐帕斯以6-4、6-4战胜美国资格赛选手小马丁·达姆,晋级第二轮。

蒙特利尔选手加布里埃尔·迪亚洛原定于周二晚间对阵意大利第19号种子卢西亚诺·达尔代里。

同样来自蒙特利尔的菲利克斯·奥热-阿利亚西姆是今年的主角,作为世界排名第4的选手和赛会2号种子。

这位25岁的选手将在周三晚间的第二轮比赛中对阵法国选手蒂图安·德罗盖。由于大雨导致蒙特利尔正赛前两天的比赛受阻,这场比赛被推迟至周二。

加拿大通讯社

詹姆斯·库克寻求进步,领跑NFL冲刺榜一年后

J

比尔队明星将尝试成为自2001年以来第三位连续两个赛季领跑联盟的跑卫

约翰·沃罗 匹兹福德(纽约州)

詹姆斯·库克对待持球的方式,与他回答关于自己过往成就的问题时如出一辙。 这位布法罗比尔队跑卫只会向前看。 因此,询问库克去年的表现毫无意义。去年,他在短暂的训练营持球罢训后成功争取到一份新合同,并通过领跑NFL1,621码冲刺距离证明了自己的价值。 “我不喜欢谈论过去,因为过去已经过去。这是一个全新的赛季,”库克上周表示。“把过去抛在脑后,专注于再次做到这一点。” 这对任何人来说都绝非易事,因为自2001年以来,仅有两名球员曾连续赢得NFL冲刺王头衔——德里克·亨利(2019-20)和拉丹尼安·汤姆林森(2006-07)。 推动这位26岁的库克在进入第五个赛季时保持信心的,是他强烈的自信心、基本保持完整的进攻线,以及新晋主教练乔·布雷迪的进攻体系。 尽管乔什·艾伦拥有强大的臂力和即兴发挥能力,

比尼米报到训练营,妻子继续康复

戴夫·斯克雷塔 圣约瑟夫(密苏里州)

堪萨斯城酋长队进攻协调员埃里克·比尼米在训练营期间更频繁地与球队保持联系,但尚不清楚他何时将重返教练团队,此前他的妻子在弗吉尼亚家中遭遇枪击。 比尼米的儿子伊莱贾·比尼米被指控与其母亲米娅的枪击事件有关。他被控恶意伤害、在重罪过程中使用枪支以及在住宅内开枪,但27岁的比尼米的庭审因精神健康评估而被推迟。 米娅·比尼米的状况正在好转,主教练安迪·里德本周表示。 “从个人角度来说,能听到他的消息真是太好了。你会为他感到非常难过,”传球游戏协调员乔·布莱梅尔周二表示,他目前承担了比尼米的许多职责。“最近他越来越多地就橄榄球事务与我们联系,这让球队感受到了一种正常感,能听到他的声音和他对橄榄球的看法。” 比尼米于本赛季早些时候回到堪萨斯城,此前他曾离开球队担任华盛顿指挥官队的进攻协调员,并在加州大学洛杉矶分校和芝加哥熊队各度过一个赛季。他接替了马特·纳吉,后者现为纽约巨人队的进攻协调员。 球队渴望比尼米回归的原因有二:他对堪萨斯城进攻体系了如指掌,曾帮助球队打入三次超级碗并赢得两次冠军;同时,他还带来了一种特[...OMITTED...]

警方调查格拉斯哥英联邦运动会后失踪运动员报告

苏格兰警方正在调查有关外国运动员的报告,媒体确认这些运动员为来自乌干达和巴基斯坦的拳击手,他们在周日于格拉斯哥结束的英联邦运动会后未按计划回国。警方发言人周二表示:“苏格兰警方已接获多名运动员失踪的报告。目前正在开展调查以评估具体情况,并已与内政部展开早期接触。”

乌干达NBS Sport报道称,该国6人拳击队中有4人在原定周二回国前失踪,其中一人告诉该媒体他们计划寻求庇护。

《今日巴基斯坦》网站称,该国一名拳击手也未按计划在周二搭乘回国航班。

英联邦运动会后出现运动员失踪的报告在近几届比赛中屡见不鲜,自2014年格拉斯哥运动会以来,主办国均为澳大利亚或英国。 2018年澳大利亚黄金海岸运动会后,当局在比赛结束一个月后仍在寻找50名失踪的运动员和官员,另有190人寻求庇护。 来自74个国家的约3,000名运动员参加了为期11天的格拉斯哥运动会。

美联社

布法罗比尔队跑卫詹姆斯·库克三世(James Cook III)在周六于纽约州皮茨福德举行的球队训练营中进行训练。ADRIAN KRAUS / 美联社

在布雷迪担任进攻协调员的两个多赛季中,比尔队在冲球和传球尝试上保持均衡。布雷迪认为今年没有理由改变策略或减少库克的工作量。 “我期待詹姆斯·库克今年在比赛的不同方面再进一步,并继续作为冲球手的主力,”布雷迪说。 “他自己也想要这样,对吧?”他补充道,“他去年表现非常出色。我对他说过:他必须变得更好。我们不能倒退——”

这种严肃态度正是球队在上赛季以6胜11负的成绩令人失望后迫切需要的。 “我们会坚守阵地,当[比尼米]回来时,我们将准备好保持那种强度和活力。这正是我最欣赏他的地方,”跑卫肯尼思·沃克三世(Kenneth Walker III)说,他是卫冕超级碗MVP,也是球队今年重要的自由球员引援之一。 “每一场比赛都不能松懈,”沃克说,“因为他会为此找你谈话。” 布莱梅尔被广泛认为是教练行业的新星,性格较为内敛。但他在周二开玩笑说自己在训练中嗓子哑了,或许是受到了比尼米大嗓门的影响。 “球员们希望有人督促他们。他们希望有人提醒他们该做什么,不让任何事情敷衍过去,”布莱梅尔说。

周二的其他消息中,球队在密苏里西部继续进行训练营的第二次带护具训练,四分卫帕特里克·马霍姆斯(Patrick Mahomes)在不到八个月前接受膝盖韧带撕裂修复手术后再次全程参与训练。 马霍姆斯左膝戴着护具,但除此之外,很难看出他有任何异样。 “不想说帕特里克做的任何事会让你感到惊讶,”布莱梅尔说,“因为他总是挑战足球运动的极限,以及从他受过的伤病中恢复的时间表。但在身体上,我在场上还没有看到任何膝盖问题显示出倒退。”

库克的力量和难以捉摸 在周二的训练中展露无遗, 这是布法罗队首次全副武装 进行训练。

在首轮团队训练中,库克 接过 交接球 后, 从左侧缺口突破, 完成了本应是五码的推进, 随后从地上一跃而起,继续奔跑。 几分钟后,在一次右路横扫中, 库克转过弯道,用肩垫 直接撞向安全卫科尔·毕晓普 的腹部。

“这是新的一年,他会做 去年做过的事,保持那种强度,” 毕晓普说。

上赛季,库克以九场比赛 冲球码数达到或超过100码的成绩 领跑NFL,他的12次冲球达阵 位列联盟第四。 他全赛季共完成309次冲球, 平均每次推进5.2码,创下职业生涯新高, 这一数据在NFL并列第二。

他唯一的瑕疵是护球不稳。 在七次失误中丢失了四次球权, 其中包括在一场分区季后赛 加时赛中以33比30失利时, 在丹佛30码线处的一次失误。

猎鹰队罗宾逊同意三年续约,成为NFL身价最高的跑卫

查尔斯·奥德姆 佐治亚州弗劳尔里布兰奇

亚特兰大猎鹰队已与比詹·罗宾逊达成一份为期三年的合同续约,直至2030赛季,使这位第四年球员成为NFL身价最高的跑卫。

罗宾逊周二上午转发了NFL在Instagram上发布的续约详情帖子,并写道:“上帝,这一切都是为了你!祝福。热爱这支球队和这座城市!”

该续约最高价值可达7500万美元,其中5100万美元为保障金额。一位知情人士向美联社透露了相关细节。

由于条款尚未公布,该知情人士要求匿名。

合同的基本价值为6675万美元,罗宾逊的年均薪资为2225万美元,使他成为联盟中身价最高的跑卫。费城跑卫萨昆·巴克利的年均薪资为2060万美元。

“显然,我们为他感到非常兴奋,也为我们自己感到兴奋,”猎鹰队主教练凯文·斯特凡斯基周二表示。

NFL Network和ESPN率先报道了这份续约。

与罗宾逊的续约协议延续了猎鹰队在进攻端锁定核心球员的趋势。

周六,猎鹰队宣布与加拿大左护锋马修·伯杰龙签订了一份为期四年的合同续约。该队在休赛期还与外接手德雷克·伦敦和近端锋凯尔·皮茨签订了新合同。

“这些都是我们信任的球员,都是符合我们风格的球员,”斯特凡斯基说。

有人特意提醒库克要保护好球,此前这位跑卫在训练营早期丢失了一次掉球。

“我掉球了。所以我必须改正,”库克说。“保护球是每个人的责任,也是我的职责。我愿意保护好它。”

毫无疑问,库克在挑战中茁壮成长。

去年,他通过拒绝出场服务,最终获得了一份为期四年、价值4800万美元的合同。

“我不会说有压力。我没有感到压力,”库克说。

他在合同纠纷中的冷静态度,以及签约后的表现,给队友们留下了深刻印象。

“我了解到他非常有爆发力,他是领袖,他在场上和场下都能处理好事情,”跑卫雷·戴维斯说。“他会继续以这种方式出色表现,并证明他赚到了每一分钱。”

库克今年为自己和布法罗设定了更高的目标。

“我期待做出更大的成就。无论那是什么,我都愿意去做,”他说。

布法罗在季后赛中表现不佳。布法罗是NFL首支连续六次季后赛出场赢得比赛但未能进入超级碗的球队。

“责任在我们。球在我们手中,”库克说。“我们掌控自己的命运。无论我们做什么,都是我们的责任。最终,这会实现。”

新协议达成之前,罗宾逊在训练营的第一周——包括周一首次穿戴护具的训练日——一直作为旁观者。他参加了训练,但显然因合同问题未参与实际训练,即所谓的“静默持球”。

“我一直认为整个过程都会是一个过程,对目前的进展感到满意,”斯特凡斯基说,“我认为大家都明白我们对比詹这个人以及比詹这名球员的看法。”

罗宾逊于周二重返训练场,斯特凡斯基和猎鹰队无需再为这位明星跑卫本赛季的状态担忧。

“这意味着作为教练,你显然希望让球员为赛季做好准备,也让我们能让比詹做好准备,”斯特凡斯基说,“而他非常渴望、甚至迫不及待地想要回到场上。因此,我们会循序渐进地让他重新融入……未来一周我们会有一个逐步恢复的计划。”

由八名美联社职业橄榄球作家组成的小组在季前调查中将罗宾逊评为联盟最佳跑卫。罗宾逊在上赛季以2,298码的总进攻码数领跑NFL,并贡献了11个达阵。

自2023年NFL选秀中以第8顺位被选中以来,罗宾逊一直是亚特兰大高效地面进攻的核心。上赛季,他作为双重威胁跑卫表现出色,以1,478码的冲跑码数位列联盟第四,同时贡献820码的接球码数。

2006年的史蒂文·杰克逊是唯一一位在单赛季同时达到至少1,400码冲跑和800码接球的球员。

蓝鸟队重组,在交易截止日后展望未来

C

多伦多总经理阿特金斯在截止日前的24小时内与其他5支球队完成了6笔交易

约翰·奇德利-希尔 多伦多报道

无论称之为重建推进还是季后赛复兴,多伦多蓝鸟队在周一美国职棒大联盟(MLB)交易截止日前都是最活跃的球队之一。在截止日前的24小时内,总经理罗斯·阿特金斯与其他5支球队完成了6笔交易。他送出了7名球员——其中包括4名来自蓝鸟队大联盟阵容的球员——并换回了10名球员,主要是新秀。

距离上次打入世界大赛已过去一年,多伦多蓝鸟队(53胜60负)在周二客场对阵休斯顿太空人的比赛前,在美联东区排名垫底。尽管蓝鸟队距离季后赛尚未被数学淘汰,但他们落后美联外卡最后一个席位4场,有5支球队——明尼苏达、得克萨斯、西雅图、巴尔的摩和底特律——排在他们前面。

在交易截止日前离队的知名球员包括先发投手凯文·高斯曼、外野手多尔顿·瓦肖以及救援投手杰夫·霍夫曼和亚当·马科。高斯曼、瓦肖和霍夫曼都是去年蓝鸟队季后赛之旅的关键成员。

“我们对无法为这支我们深信不疑、赛季初满怀希望的球队增添力量感到失望,”阿特金斯周一晚间在与记者的视频通话中表示,“我们更希望自己能处于不必送走这些优秀队友和知名球员的位置。”

蓝鸟队之所以交易掉大联盟人才,有几个显而易见的原因。

前国际足联副主席阿里王子指控因投票支持因凡蒂诺遭“勒索”

格雷厄姆·邓巴 瑞士日内瓦

前国际足联副主席阿里·本·阿尔·侯赛因王子于周二批评了由詹尼·因凡蒂诺领导的足球管理机构,称约旦国家队被扣发奖金是一种勒索行为。

阿里王子表示,他领导的约旦足协至今仍未收到应得的奖金,该奖金是约旦队在去年12月于卡塔尔举行的国际足联阿拉伯杯决赛中获得的。

在一则社交媒体帖文中,阿里王子称,在2024年6月举行的世界杯期间——约旦队首次参赛——他被告知,如果他支持国际足联主席詹尼·因凡蒂诺,“将对我们的足协大有帮助”。

因凡蒂诺正面临挽救其11年主席任期的压力,此前他提出的将未来世界杯利润股份出售给由约书亚·库什纳领导的投资者的计划遭到全球足球领导人的强烈反对,最终以失败告终。

加拿大男足将于10月在明尼苏达迎战美国

加拿大男足将于10月迎战美国队。

这场比赛将于10月6日在明尼苏达州圣保罗的安联球场举行,这将是两国自2025年在洛杉矶SoFi体育场举行的中北美及加勒比海国家联赛决赛中加拿大以2-1战胜美国获得季军以来的首次交锋。

加拿大队在最近两场对阵美国的比赛中均获胜,包括2024年在堪萨斯城以2-1取胜,结束了加拿大队长达67年的对美不胜纪录。

根据奇幻体育新闻网站RotoWire的数据,多伦多今年在MLB(美国职业棒球大联盟)中拥有第七严重的加权伤病评分,共有16名球员曾一度进入60天伤病名单。其中包括关键球员长期缺阵,如安东尼·桑坦德(左肩手术)、肖恩·比伯(右肘炎症)、亚历杭德罗·柯克(拇指手术)、科迪·庞塞(前十字韧带撕裂)、阿迪森·巴格(右肘伤及背部应力反应)以及马克斯·舍尔泽(右前臂肌腱炎、左脚踝炎症及背部痉挛)。

蓝鸟队在整个美国职业棒球大联盟中得分最少,在休斯敦的比赛前仅得442分,比克利夫兰守护者队少4分。这种乏力的进攻导致了-56的净得分差,在大联盟中排名倒数第七。

这其中包括关键击球手的显著退步,如全明星一垒手弗拉基米尔·格雷罗二世,其打击率从去年的.292下降了31个点,降至.261。本赛季他仅击出6支本垒打,且无一是在罗杰斯中心完成的。不过,多伦多队确实补充了1名大联盟级别的球员,包括投手詹姆森·泰隆和何塞·索里亚诺,后者在被交易前正处于洛杉矶天使队生涯最佳赛季。

27岁的索里亚诺本赛季目前战绩为9胜6负,防御率3.29为生涯最佳,WAR(胜利贡献值)为2.7,这一指标估计了球员相较于平均替补球员为球队贡献的胜场数。他已三振出局127名击球手,且在美联中仅送出57次保送,领跑全联盟。

“我们很幸运能够为这个我们认为有竞争力的阵容补充一些大联盟级别的球员,”阿特金斯表示。瓦肖的离开尤其

“我们以约旦为荣, 坚守道德价值观。我们之前没有支持过他, 现在 更 不会 支持,” 阿里王子说道。他在2016年2月国际足联主席因凡蒂诺首次当选时的五人竞选中排名第三。 “但 整个 局势 无异于敲诈,我们拒绝屈服,”这位约旦王室成员周二写道。

原定于2025年举行的国际足联阿拉伯杯决赛中,约旦负于摩洛哥,据约旦媒体去年报道,败方将获得$4.2百万美元奖金。 “我们的球队进入决赛应得的奖金至今尚未发放,”阿里王子写道,“而与此同时,国际足联却在吹嘘其储备金额达数十亿。” “显然,问题的根源在于领导层。数月来,国际足联一直拒绝在任何这些或其他事务上给予我们帮助,”他说道。

国际足联已被要求就这些指控发表评论。

两国均进入了今夏由加拿大、美国和墨西哥共同主办的男子世界杯16强。 加拿大在3-0不敌摩洛哥后出局,美国则以1-4负于比利时被淘汰。 加拿大将于9月26日在多伦多迎战智利,10月3日在蒙特利尔对阵秘鲁,并在国际比赛日结束时与美国交锋。 “与美国的竞争能激发出这支球队的最佳表现,这

尤其有趣。” 这位29岁的球员在2024年赢得了金手套奖,并展现出强劲的击球能力,但本赛季表现低迷。他在99场比赛中击出7支本垒打,打击率为.243,与2025年因伤缩短赛季的.238打击率相近,但远低于去年20支本垒打的表现。 作为一名防守优先的球员,他0.7的WAR(胜利贡献值)是自新秀赛季以来的最低值,当时他在亚利桑那响尾蛇队的WAR仅为0.1。 阿特金斯表示,在截止日平衡蓝鸟队当前阵容和球队长期成功是管理层的目标之一。 “我们决心为球队做出最佳决策,并尽力在不理想的情况下优化局面,”阿特金斯说道,“我们对结果感到满意。这些收购有的能在短期内帮助大联盟球队,有的即将成熟,有的则需要更长时间。 “但综合考虑后,我们认为这是对球队未来发展有利的结果。” 这包括签下左投手达桑·希尔,他成为蓝鸟队第6位潜力新秀;内野手泰·索西森,排名第17位;以及中外野手布雷特·贝特曼,成为多伦多第20位潜力新秀,并有望接替瓦肖的位置。 着眼于未来新秀同样重要,因为美国职业棒球大联盟及其球员协会似乎正走向本休赛季的劳资纠纷。双方的核心分歧在于球队老板希望引入某种工资帽以提升竞争公平性,而球员工会誓言绝不接受这一政策。

阿里王子曾于2011年至2015年代表亚洲足球当选国际足联执行委员会委员,并在2015年5月与时任主席塞普·布拉特竞选主席。那次投票在苏黎世酒店突击搜查两天后举行,美国和瑞士联邦机构逮捕了多名足球官员。 因凡蒂诺原本似乎稳获连任,将在无对手竞争的情况下第四次、也是最后一次领导国际足联至2031年,但他在世界杯决赛两周后离开纽约。 一周前披露的秘密私募股权计划引发了足球政治动荡,因凡蒂诺在欧洲足球管理机构欧足联的前同事如今正寻找竞争对手。该计划由库什纳的“永恒繁荣”基金支持,若在9月19日截止日期前接受,将向约旦及所有其他国际足联成员国各支付$20百万美元。

加拿大主教练 杰西·马什周二在一份声明中表示: “我们在最近两次与他们的交锋中取得了成功,这进一步提升了我们对自身的期望标准。 这是我们为球队未来建设过程中又一次有意义的考验。”

美国足球队周一确认,主教练毛里西奥·波切蒂诺已同意续签一份为期四年的合同,直至2030年世界杯。

加拿大通讯社

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逝世

RUDY EMIL PLATIEL 1934年10月2日 2026年7月27日

我们怀着沉痛的心情 宣布Rudy Platiel于2026年7月27日 平静离世。

Rudy的先辈包括: 父母Louisa和Emil; 亲爱的叔叔婶婶Max和Hedwig; 妹妹Hilda; 以及早夭的女儿Valerie。 他将被深爱的妻子Agatha(共度63年婚姻)、 三个女儿Tina、Louise和Vicki(Jeff)、 四个孙辈Conor(Tori)、Lia、Ben(Sydney)和Violet, 以及众多姻亲、侄子侄女们深深怀念。

Rudy出生于安大略省欧文桑德, 在大萧条时期来到这个世界。 他常称自己“运气惊人”, 从一名少年工厂工人 成为簿记员, 后来在一次为期一周的假期中, 成为《布兰普顿时报与保守报》的记者。 一年后,他被《环球邮报》聘为自由撰稿人和摄影师, 两年后成为正式员工, 从事他热爱的工作直至1997年退休—— 撰写故事并用影像记录。

少年时期,Rudy的生活因结识Neyaashiinigmiing的Johnston家族而永远改变, 这段友谊为他后来从60年代末至退休的工作播下种子, 致力于为加拿大的第一民族、梅蒂斯人和因纽特人 在媒体中发出更强有力的声音。 热爱户外运动的他, 大部分夏天都在露营、划独木舟, 并带家人进行荒野探险。

退休后,Rudy继续写作(见其小说《Ebyam之地》) 并用影像记录朋友和家人的生活。 他喜欢与孙辈们分享故事和特别的冒险。 孙辈和众多侄子侄女们常亲切地称他为“温柔的巨人”, Rudy是一个谦逊、好奇、充满创造力的爱之力量。 他常说,生命中最美好的事, 就是Agatha答应成为他的新娘的那一天。

家人衷心感谢伯灵顿的Williamsburg护理人员, 他们提供了出色的照顾, 并总是欣赏他即兴且跑调的歌声。 欢迎分享关于Rudy的故事和回忆, 请访问www.smithsfh.com。

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塞尔温·克里斯托弗 WILSON “克里斯”

我们怀着深切的悲痛宣布, 塞尔温·克里斯托弗 (“克里斯”) ·威尔逊 于2026年6月30日逝世,享年 88岁。克里斯出生于渥太华,先于他离世的有 他的父母诺拉(娘家姓Macoun)和塞尔温;他的妹妹伊丽莎白(“莉比”); 他的妻子玛丽 (娘家姓Heighway);以及他的儿子肯。他深受 女儿桑德拉(“桑迪”)·莫伊尔; 外孙女凯瑟琳(“凯特”)·莫伊尔;以及外孙詹姆斯·莫伊尔的爱戴与怀念。克里斯是一位尽职的丈夫、 父亲、 祖父、 志愿者和朋友。金斯米尔的小屋是克里斯最快乐的地方之一,他在那里与家人共度了许多美好时光。 高尔夫是克里斯终生热爱的运动之一。自1959年起,他便成为 渥太华皇家高尔夫俱乐部 的成年会员,并成为该俱乐部最受尊敬和任职时间最长的会员之一。克里斯机智风趣,有时带着尖刻的幽默感,但从不以此贬低他人。他性格倔强,却又极其忠诚,对家人和朋友无尽支持。克里斯留下了默默奉献、正直、慷慨和爱的遗产。所有有幸认识他的人都将深深怀念他。 他于7月安葬于Beechwood Cemetery。敬请访问 https: / beechwoodottawa.ca memorials / 以表哀思。追思会将于2026年8月10日 下午1时至4时在渥太华皇家高尔夫俱乐部举行。为表达对他的纪念, 可选择向您喜爱的慈善机构或支持癌症护理或多发性硬化症研究的组织捐款,以代替鲜花。

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前《温哥华太阳报》摄影师拉尔夫·鲍尔于2018年6月展示他的部分获奖新闻摄影作品。鲍尔先生热爱体育摄影:据信他于1971年12月在国家冰球联盟比赛中首创了首个“球网摄像机”。

记者总能在对的时间出现在对的地点

布拉德·惠勒

“把相机拿走,否则我就割断他的喉咙。”那是1985年夏天的一个早晨,一位心烦意乱的父亲从温哥华一栋公寓的三楼窗户探出身来,一只手握着刀,另一只手抓着他两岁的儿子的脚踝,将其倒吊在窗外。他被楼下街道上的一名新闻摄影师吓到了,对着警察大喊。这名摄影师是《温哥华太阳报》的拉尔夫·鲍尔。当警察上前要求他后退时,这位摄影记者退开了。他听到有人喊他的名字:一辆环球电视新闻车里的摄像师正试图引起他的注意。“他打开车门,我跳了进去,”鲍尔先生在2020年西温哥华纪念图书馆举行的摄影新闻活动上回忆道。当楼上的城市戏剧继续上演时,他用新的长焦镜头从车内拍摄照片。警方最终救出了蹒跚学步的孩子,并逮捕了这位父亲,他当时正卷入一场监护权纠纷。“这是一个悲伤的故事,”鲍尔先生说,“但结局还算圆满。”《太阳报》在该市的竞争对手《省报》也有一名摄影师在现场。然而,是鲍尔先生的照片赢得了国家报纸奖。“两位摄影师同时拍到了照片,但拉尔夫的角度更好,”《省报》前图片编辑约翰·丹尼斯顿说。“他总是那些在对的时间出现在对的地点的人之一。”鲍尔先生是一位和蔼可亲、充满热情的摄影记者,谦虚地称自己为“老按钮工”,在温哥华工作了40多年。他于7月21日在北温哥华的狮门医院去世,享年92岁,生前患有痴呆症。他出生、成长并一直生活在北温哥华。20世纪50年代中期,他开始为《温哥华太阳报》拍摄照片时,使用的是Graflex Speed Graphic,这是一款标志性的大画幅新闻相机。1996年,《太阳报》以每台20,000美元的价格购买了六台数码相机——这标志着一个时代的结束和另一个时代的开始。鲍尔先生一年后退休。他为人友善,爱笑,是个真正的人物(在新闻编辑室仍有这样的人的时代)。这位摄影师性格随和,让拍摄对象感到轻松自在,并因此获得了接触世界上最著名人物的机会。1957年,一位年轻貌美的女士告诉半信半疑的鲍尔先生,她可以带他们两人进入猫王埃尔维斯·普雷斯利在帝国体育场演唱会前的化妆间。她声称认识猫王的保镖,并说保镖会允许她与歌手合影。果不其然,鲍尔先生和这位女士——选美冠军温迪·布雷恩——获准进入化妆间。“我带着我的Speed Graphic相机进去了,”这位摄影师六年前说道。“埃尔维斯走到我面前说:‘很高兴见到你,先生。’我说:‘别叫我先生,我只比你大一岁。’”这句话打破了僵局;这位女士与她的《温柔爱我》偶像合了影。1972年,穆罕默德·阿里抵达温哥华国际机场,准备与加拿大

摄影师拉尔夫·鲍尔(Ralph Bower)在太平洋体育馆(Pacific Coliseum)为重量级拳王乔治·丘瓦洛(George Chuvalo)拍摄时,告诉阿里(Ali)他的编辑正在为这位超级拳星的照片留版面,并问是否能帮个忙。阿里一言不发,从墙上取下一把消防斧,说要去城市公园砍树,为比赛做准备。鲍尔连忙按下快门。“那张照片不是我拍的,是他自己创造的,”这位摄影师后来说道。鲍尔热爱体育摄影。据信,他在1971年12月12日国家冰球联盟(NHL)的一场比赛中首创了首个“球门摄像机”(net cam)。在温哥华加人队(Vancouver Canucks)对阵波士顿棕熊队(Boston Bruins)的比赛中,他坐在温哥华加人队球门后,通过冰面下的一根电线操控一台小型相机,并用门铃装置触发拍摄。次日的报纸刊登了温哥华守门员邓克·威尔逊(Dunc Wilson)面罩上结满雪花、四肢摊开倒在冰面上的照片。在职业生涯及退休后,他经常出现在黑斯廷斯赛马场(Hastings Racecourse)。他对纯种马和赛马场社区的热爱为他赢得了“赛马迷”(Railbird)的绰号。“他不是个大赌徒,”他的儿子道格·鲍尔(Doug Bower)说,“他真正喜欢的是那里的氛围和肾上腺素,以及用镜头捕捉这一切。”在20世纪70和80年代,鲍尔是《温哥华太阳报》(Vancouver Sun)一支精英摄影团队的成员,团队成员还包括格伦·巴格洛(Glenn Baglo)、乔治·迪亚克(George Diack)、德尼·伊格兰德(Deni Eagland)、布赖恩·肯特(Brian Kent)、肯·奥克斯(Ken Oakes)等人。照片编辑厄尔·史密斯(Earl Smith)拥有相当大的编辑权,他坚信照片优先,文字其次。在她2016年的著作《七十年代的温哥华:改变城市的十年影像》(Vancouver in the Seventies: Photos from a Decade that Changed the City)中,前《太阳报》图书管理员凯特·伯德(Kate Bird)写道,该报的摄影师们“每年通过超过4,500次拍摄任务,以截稿时间为限,记录了这座不断变化的城市,涵盖新闻、政治、商业、工业、体育、美食、时尚以及众多地方活动”。

数十年间,鲍尔记录了温哥华的点点滴滴:1957年弗兰克·辛纳屈(Frank Sinatra)在PNE论坛(PNE Forum)的演出;1958年第二海峡大桥(Second Narrows Bridge)的坍塌;1962年北温哥华短跑运动员哈里·杰罗姆(Harry Jerome)在帝国体育场(Empire Stadium)以9.2秒的成绩追平100码短跑世界纪录;1963年不列颠哥伦比亚省(B.C.)省长W.A.C.本内特(W.A.C. Bennett)在电影首映式上与女演员梅米·范多伦(Mamie Van Doren)交谈;1973年基斯兰奴(Kitsilano)社区居民在一起致命行人事故现场集会,要求安装交通信号灯;1975年温哥华双胞胎和三胞胎协会(Vancouver Association of Twins and Triplets)圣诞派对上,一对哭泣的婴儿兄弟与圣诞老人合影;1976年不列颠哥伦比亚省监狱(British Columbia Penitentiary)致命骚乱的后续;1979年温哥华白浪足球队(Vancouver Whitecaps)胜利游行的场景。“他捕捉的作品体量令人惊叹,”前《北岸新闻》(The North Shore News)摄影记者迈克·韦克菲尔德(Mike Wakefield)说。1994年,一张温哥华加人队性感球员帕维尔·布雷(Pavel Bure)在训练营赤膊测量体脂的照片大受欢迎,报社不得不加印以满足需求。鲍尔将照片送给布雷时,这位俄罗斯全明星球员调侃道:“哦,我还不知道你现在为《花花公子》工作了。”加人队总经理帕特·奎因(Pat Quinn)对鲍尔拍摄这张赤膊照片感到不满,但很快就消了气。这位摄影师人缘极佳。“拉尔夫不仅在行业内留下了印记,”韦克菲尔德说,“任何与他有过交集的人都会记住他。”

拉尔夫·亨利·鲍尔(Ralph Henry Bower)于1934年6月16日出生于北温哥华。父亲赫伯特·鲍尔(Herbert Bower)是一名渡轮操作员,母亲格特鲁德·布劳尔(Gertrude Brower)是一名家庭主妇。他是家中五个孩子之一。他毕业于北温哥华高中(North Vancouver High School),在那里遇到了未来的妻子琼·克拉克(Joan Clark)。他们原本将在8月4日庆祝结婚70周年。鲍尔于1955年作为信使开始了在《太阳报》的职业生涯

但很快获得了晋升:先是进入暗房,然后成为摄影师。他的一项特长是拍摄动物。他声称曾在汽车后备箱里养了一只道具小动物,用于每年土拨鼠日的照片拍摄。其他毛茸茸或羽毛丰满的精彩瞬间包括斯坦利公园里一只鹅攻击警马的场景,以及一只滑水松鼠。

鲍尔先生对汽车充满热情。他拥有一辆1931年款福特Model A,还曾在执行任务时驾驶一辆绿色福特雷鸟。前《太阳报》记者温·周(Wyng Chow)回忆说,这位摄影师是个“油门踩到底”的司机,在副驾驶座的地板上放了一台小型黑白电视机,用点烟器供电。

“上世纪70年代末,我们从菲沙河谷返回市区,当时正在报道第一家山羊奶酪农场,”周先生回忆道,“他打开了电视,当然还在超速行驶。突然,播音员丹尼·加利文(Danny Gallivan)喊道:‘他射门,得分!’拉尔夫伸长脖子看回放,根本没看路。他差点让我们丢了性命。”

他的最后一次任务是在1997年,报道一场加人队(Canucks)的比赛。

“他的工作热情从未消退,”丹尼斯顿先生说,“每当拍到满意的照片,他都像孩子般开心。如果可以,拉尔夫会永远留在《太阳报》。”

他留下了妻子琼·鲍尔(Joan Bower)、儿子道格·鲍尔(Doug Bower)、女儿凯莉(Kelly),以及五个孙辈和三个曾孙辈。

Page 1

Metals quotas back on the table

as Canada races to ease tariffs

Trade officials revive proposal to limit steel, aluminum exports to U.S. in exchange for lower levies

ADRIAN MORROW WASHINGTON MARK RENDELL TORONTO

Trade negotiators are reviving a proposal that would see Canadian steel and alumi- num exports subject to a quota system in return for lower U.S. levies on the metals, as the clock ticks down on President Do- nald Trump’s next round of tariffs. Intergovernmental Affairs Minister Do- minic LeBlanc and Janice Charette, Can- ada’s chief negotiator, jetted to Washing- ton on Tuesday for the second time in as many weeks as the pressure ramps up to make a breakthrough in stalled trade talks. Their schedule this week includes meet-

Multimillion-dollar bitcoin wallet hack

raises new worries about asset’s security

ANDREW GALBRAITH

A major vulnerability in bitcoin wallets manufactured by a Toronto-based com- pany has brought renewed scrutiny to the security of investments in cryptocurrency after hackers exploited the weakness to steal more than $140-million worth of bit- coin in the past week. Bitcoin enthusiasts say that the hack, which took advantage of a coding error in hardware wallets made by Coinkite Inc., has shaken the cryptocurrency communi- ty and raised doubts over the best way for

A8

ing with U.S. industry groups that support the United States-Mexico-Canada Agree- ment, as well as sitting down with sen- ators, one Canadian official told The Globe and Mail. It was unclear whether Mr. LeBlanc would meet with U.S. Trade Representa- tive Jamieson Greer, Commerce Secretary Howard Lutnick or any other members of the Trump administration. One key to the discussions, according to four industry and two government sourc- es, is a plan under which Canadian metals shipments to the U.S. would be limited in exchange for Mr. Trump reducing his 50- per-cent tariffs on them, similar to a pro- posal on the table last fall.

[ CENTRAL AMERICA ]

GOING WITH THE FLOW

Children play in San Juan Alotenango, Guatemala, on Tuesday as the Fuego volcano spews ash in the distance. Precautionary evacuations were ordered in villages in the surrounding area after the volcano began to erupt early Monday. CRISTINA CHIQUIN/REUTERS

holders to store their assets. “There is a lot of soul-searching and re- evaluating going on. The bug was just shockingly bad,” said Eric Chennells, a Vancouver-based cybersecurity analyst and cloud computing consultant. Coinkite didn’t respond on Tuesday to The Globe and Mail’s questions. Many users who see bitcoin as a way to be freed from the constraints of traditional financial systems have believed that self- custody – holding their own bitcoin in a wallet, rather than on an exchange or oth- er centralized platform – is the safest way to store the cryptocurrency. That belief has

SPORTS Fast-rising tennis star Eala’s Toronto debut sets city’s Filipino community abuzz

B11

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EMILEE CHINN/ GETTY IMAGES

Explore our national database of freedom of information requests SecretCanada.com

The Globe is not identifying the sources because they were not authorized to reveal details of the top-secret negotiations. The U.S. has also enumerated around two dozen other demands, including more access to Canada’s protected dairy market, an end to provincial governments retaliat- ing against Mr. Trump’s tariffs by banning U.S. liquor, and the scrapping of the Online Streaming Act. Canada has made a string of pre-emp- tive concessions to Mr. Trump – such as killing a planned digital-services tax and rolling back a Canadian content levy on streaming companies – but trade talks have remained at an impasse.

TRADE, A7

been strengthened by high-profile cases such as the 2019 collapse of Canadian cryp- to exchange QuadrigaCX, which the Onta- rio Securities Commission said had led to user losses of at least $169-million. Financial regulators have flagged risks around crypto asset custody. In a notice in February, the Canadian Investment Regu- latory Organization noted that “historical failures in the crypto sector, including loss- es due to hacking, fraud, inadequate gov- ernance, and insolvency, have demon- strated that custody arrangements are a critical point of investor vulnerability.”

BITCOIN, A6

FOLIO Scam call centres, once contained to Southeast Asia, are spreading into a worldwide crisis

REPORT ON BUSINESS Telesat secures major military satellite contract, sending shares up nearly 50%

(HDFFC|00003S /t.r

Smith insists

addiction sites moving ahead amid tangle of legal action

CARRIE TAIT CALGARY TOM CARDOSO TORONTO

Alberta Premier Danielle Smith says she expects construction of three addiction recovery centres in Indigenous communities to wrap up this year without requir- ing an extra infusion of cash, de- spite a thicket of liens and law- suits alleging millions in unpaid bills and misdirected funds. The government earmarked $104-million for the trio of facil- ities, which are key to the United Conservative Party’s strategy of tackling the province’s deadly opioid crisis by favouring treat- ment programs over harm-reduc- tion efforts. Ms. Smith, at the end of July, said Alberta picked up the tab for the facilities, but left it to each Indigenous community to select the contractor for their re- spective project. The three facilities were to be finished by the end of 2025, but have all missed two extensions granted by Alberta’s Mental Health and Addiction depart- ment, according to documents the government disclosed in a progress report this spring. Ms. Smith said she does not be- lieve she will have to intervene to ensure the recovery facilities make it across the finish line. “We’re not hearing that more money is necessary,” she told re- porters last week.

ALBERTA, A6

Chinese activist

reaches Canada after Thailand reportedly blocked flight

JAMES GRIFFITHS ASIA CORRESPONDENT

A Chinese activist detained in Thailand has arrived in Canada, after police reportedly prevented herboardingaflighttoVancouver in July, according to supporters. Activist Zhang Xinyan was one of15peoplelastyearelectedtothe Toronto-based dissident “Hong Kong Parliament” – which claims to represent Hong Kongers in ex- ile – prompting authorities in the Chinese territory to place a $36,000 bounty on her head for subversion. A practitioner of Falun Gong, a religious movement banned and heavily suppressed in China, Ms. Zhang had lived in Thailand since 2014, and held protected refugee status with the United Nations. In May, the 55-year-old was de- tained in Bangkok for allegedly overstaying her visa, prompting fears she would be deported to Hong Kong or mainland China. Sheng Xue, a Toronto-based activist who drew attention to the case, said Ms. Zhang had been giv- enapprovaltorelocatetoCanada, and was due to fly to Vancouver on July 8, but Thai police stopped her from boarding and detained her at the last minute. That flight finally went ahead on Monday, however, Ms. Sheng said in an e-mail, sharing a photo of Ms. Zhang with supporters at Vancouver International Airport.

ACTIVIST, A7



       

 

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DEMPSEY BOB, NORTHERN EAGLES TRANSFORMATION MASK, 2011, YELLOW CEDAR AND ACRYLIC PIGMENT, 58.42 × 40.64 × 15.24 CM, AUDAIN ART MUSEUM COLLECTION. GIFT OF MICHAEL AUDAIN AND YOSHIKO KARASAWA. PHOTOGRAPH BY KENJI NAGAI.

Located in Whistler, B.C., the Audain Art Museum was founded through a philanthropic gift fromMichaelAudainandYoshikoKarasawa.OneofCanada’snewermuseums,itopenedtothe public in 2016. The museum’s Permanent Collection features more than 300 works representing the art of British Columbia. Special exhibitions throughout the year feature artists of national and international significance. audainartmuseum.com

Dempsey Bob is considered a leading figure in the vital tradition of wood carving among Indigenous artists on the Northwest Coast – both as a practitioner and teacher. This oversized yellow cedar mask represents a bold departure from traditional forms for the Tahltan/Tlingit master carver. It captures the moment when a man transforms into an eagle through a deft combination of human and avian features, as well as a unique torqueing of the sculptural plane.

OPINION

Western Canada’s first new medical school in 50 years won’t solve the doctor shortage A11

Tuesday’s editorial about the federal government’s advertising messages incorrectly stated that the federal government’s advertising allocation for the first quarter of the current fiscal year was $115-million. That is the sum allocated for the entire fiscal year.

Based on incorrect information provided by a source, a Tuesday Globe Investor article about Aeroplan’s part- nership with Chexy stated that mortgage payments earn members one point toward frequent flyer status for every $4 spent. The reward rate is one point for every $5 spent.

The Globe and Mail is committed to maintaining the highest ethical, legal and editorial standards. SANDRA E. MARTIN, STANDARDS EDITOR, standardseditor@globeandmail.com

Mountain flower from China joins

the world’s carnivorous plant club

MARTA SERAFINKO

For most insects, a flowering al- pine plant might seem an unlike- ly predator. But researchers have discovered that a delicate wild- flower that grows in rocky moun- tain crevices in southwestern Chi- na lures prey onto its sticky hairs, digests their bodies and absorbs the nutrients left behind. It is the first confirmed carnivorous plant in its botanical grouping. Its scientific name is Saxifraga candelabrum, and it is a member of a diverse botanical order – a taxonomic category – called Saxi- fragales that spans more than 2,000 species. The plant grows on nutrient- poor rock faces in the Qinghai-Ti- bet Plateau and Hengduan Moun- tains of China, ranging from cen- tral and northern Yunnan Prov- ince to southwestern Sichuan Province at elevations of 2,500 to 3,300 metres. It is covered with sticky reddish glandular hairs that trap small insects. Carnivorous plants are best known from swamps and wet- lands, where species such as Ven- us flytraps, pitcher plants and sundews supplement scarce nu- trients by catching prey. To qual- ify as truly carnivorous, a plant

[ COLUMNISTS ]

FIRST

PERSON

Cassandra Blain knew her family trip to Pisa was going to go sideways A14

[ CORRECTIONS ]

Tuesday’s correction about a business commentary article discussing Canada’s air travel sector should have been labelled as a clarification.

A Monday news article about a Victoria woman with young-onset Alzheimer’s who died by MAID incorrectly said author Robert Munsch lives in B.C.; he resides in Ontario.

A Monday Globe Investor article about a Halifax wom- an’s first home included incorrect monthly property tax figures.

Sticky glandular hairs on the plant species Saxifraga candelabrum trap insect prey in this photo taken in 2024, at Wufeng Mountain, Shangri-La, Yunnan, China. XIAN-HAN HUANG/REUTERS

must do more than accidentally catch insects. It must absorb nu- trients from captured animals and have specialized adaptations that help it attract, trap, digest and consume prey. “We ran multiple tests on this plant and finally confirmed it is a real insect-eating plant. This proves Darwin’s guess was cor- rect, and shows how sharp his sci- entific judgment was,” said Hang Sun, a research professor at the Chinese Academy of Sciences’ Kunming Institute of Botany and

MATT MALONE

Special interests trying to influence negotiation outcomes do not need confidentiality B4

one of the leaders of the study published in the journal Nature Communications. To determine whether it was actually feeding on insects, re- searchers used fruit flies raised on food enriched with a stable form of nitrogen. “Nitrogen is essential for plant growth. Most carnivorous plants live in nitrogen-poor habitats and obtain nitrogen by capturing and digesting insects,” Prof. Sun said.

Page 3

Foreign-influence registry rules clarified

New commissioner issues five interpretation bulletins on the first day of his mandate

STEPHANIE LEVITZ SENIOR REPORTER

Canada’s new Foreign Influence Commissioner moved on the first day of his mandate to clarify the rules for a registry the govern- ment has promised will shed more light on state-backed med- dling within the country. The commissioner’s office is- sued five interpretation bulletins on Tuesday for key parameters of the new system, providing guid- ance for those who may have to log their activities. While advocates for the for- eign-influence registry say ensur- ing transparency is important, concerns have also been raised that the registry’s requirements are overly broad and risk under- mining its intent. As of Tuesday, individuals or organizations that have an ar-

Pair of Niagara-area municipalities declare flood emergencies

MATTHEW FRANK LAURA STONE

The mayor of a Southern Ontario city is calling on the provincial and federal governments to im- mediately provide financial and emergency help after triggering a state of emergency due to flood- ing from two deluges in a little over a week. St. Catharines Mayor Mat Sis- coe said the city activated a state of emergency on Monday after two recent days of heavy rains overwhelmed municipal sewer systems, backing up water into buildings and homes. According to Environment and Climate Change Canada, re- cord-breaking rainfalls hit the city, located in the Niagara Re- gion south of Toronto, over the past week and a half, with close to 100 millimetres recorded on Sunday, and almost 50 mm on Ju- ly 27, the previous Monday. “I don’t think there’s a single municipality in Ontario that would be able to handle the vol- ume of rain that we’ve gotten in over the course of 10 days,” Mr. Siscoe told The Globe and Mail. While he could not provide the exact number of flooded homes, Mr. Siscoe said it’s in the thou- sands. He appealed to upper levels of government for financial help and for the Ontario Corps, a pro- vincially organized volunteer network, to be deployed. That support is needed because the city is exhausting its financial re- serves and has used all available municipal staff to respond to res- idents’ calls for help, he said. A spokesperson for Jill Dun- lop, Ontario’s Minister of Emer- gency Preparedness and Re- sponse, said the Ontario Corps is being deployed to the region, but Mr. Siscoe said he hasn’t seen any of those volunteers yet. The city needs help respon- ding to elderly and vulnerable people living in homes that flooded a week ago, he said, some of which are filled with sewage or have begun festering mould. “We need that help, but we needed it a week ago as well,” Mr. Siscoe said. “Every day that we delay is making life harder for people that have been affected.” The neighbouring Town of

Toronto

MONTREAL WEST ISLAND RESIDENTS DEMAND FASTER MUNICIPAL ACTION AFTER JUNE FLOODING

MONTREAL More than 100 residents gath- ered outside the Pierrefonds-Roxboro borough hall in Montreal on Monday evening, demanding faster action from elected officials at the borough’s first council meeting since hundreds of homes in the city’s West Island flooded in June. The turnout reflected growing frustra- tion among homeowners who say they have spent tens of thousands of dollars repairing flood damage only to see their homes flood again. Many fear rising insurance costs, declining property val- ues and whether rebuilding again makes financial sense. “I’m totally paranoid now,” said Jeffrey Cooper, whose Pierrefonds home flooded in August, 2024, and this June. Mr. Cooper said in an interview out- side the meeting that his family spent about $50,000 rebuilding their basement after the 2024 flood, installing a backflow valve, additional pumps and other pro- tective measures they hoped would

rangement with a foreign princi- pal to conduct activities intended to influence Canadian politics or government processes must reg- ister those arrangements or po- tentially face fines or criminal prosecution. “With the establishment of the public registry, we are moving to ensure those representing the in- terests of a foreign entity do so with transparency and account- ability, and to weed out the for- eign interference that seeks to harm our country and our peo- ple,” Public Safety Minister Gary Anandasangaree said in a state- ment Tuesday. Amongtheissuesaddressedby Commissioner Anton Boegman in the bulletins Tuesday are the definition of arrangement, what an influence activity is or isn’t, and – in an important notice to the legal community – where so- licitor-client privilege sits in the mix. “Providing advice, which is subject to solicitor-client privi- lege, to a foreign principal is not considered an influence activity,” one of the bulletins said. “This activity does not count as

Billy Hammond stands beside a pile of flood-damaged items on the lawn of his St. Catharines, Ont., home on Tuesday. Recent torrential downpours caused water to flood his basement. FRED LUM/THE GLOBE AND MAIL

Lincoln has also declared a state of emergency after receiving comparable levels of rainfall. Mi- chael Kirkopoulos, the town’s chief administrative officer, esti- mated about 15 per cent, or 1,500, of the community’s 10,000 houses have been affected by flooding after what he described as hurricane-level volumes of rain. While much of the water has subsided, the town’s infrastruc- ture is damaged from sewer back- ups and overland flooding, Mr. Kirkopoulos said, adding that residents are angry and despond- ent, and looking for compassion. “The community has faced a tough 48 hours,” he said. Mr. Kirkopoulos said Lincoln has reached out to the Provincial Emergency Operations Centre, and also asked for support from Ontario Corps and the Red Cross. But he said he has yet to see pro- vincial assistance on the ground. “Aside from our own, we’re not getting troops,” he said. Julia Facca, a spokesperson for Ms. Dunlop, said the Provincial Emergency Operations Centre is in contact with municipal emer- gency management officials in the Niagara Region. “To support residents affected

prevent another disaster. Less than two years later, despite running four pumps during the June storm, water again flooded his basement, reaching close to 75 centimetres at its deepest point. Environment Canada said about 150 millimetres of rain fell over parts of western Montreal and the South Shore within hours in the June storm. Mr. Cooper said he never saw city crews cleaning up on his street after the flood. At Monday’s meeting, Pierrefonds- Roxboro Mayor Jim Beis defended the borough’s response, saying emergency crews handled more than 300 calls dur- ing the storm and that the scale of the damage required weeks of cleanup. The borough has maintained the storm was a weather event of “unprece- dented intensity” that exceeded seasonal norms and standard climate models. “We have never experienced this vol- ume of rain in such a short period of

an influence activity asitdoesnot involve communicating with or providingabenefittomembersof the public or public office holders in an attempt to sway their posi- tion on a Canadian political or governmental process.” Timothy Cullen, a partner at McMillan LLP, said in an inter- view that he was pleasantly sur- prised to see the commissioner deal with the question of solic- itor-client privilege right off the bat, but would have liked to see it go further. Interpretation bulle- tins are non-binding and can be changed, he pointed out. “An exemption could have been issued by regulation and would be far more legally signifi- cant than a mere interpretation bulletin,” he said. In an interview ahead of the registrylaunch,Mr.Boegmansaid the registry requirements were designed broadly so as to mini- mize loopholes, but his office would be watching to see where tweaks might be necessary over time. Those whose work would have qualified for registration as of Tuesday have 60 days to register.

State of emergeEcy declared iE LiEcolE aEd St. CathariEes

LiEcolE

St. CathariEes

Hamilton

THE GLOBE AND MAIL, SOURCE: OPENSTREETMAP

by the flooding, we are actively deploying Ontario Corps part- ners to coordinate the delivery of cleaning kits and have also made air purifiers available upon re- quest to help dry out basements,” she said in a statement. “We will

time,” Mr. Beis said. Borough spokesperson Marie-Pier Cloutier said in emails to The Canadian Press that public works crews, police and firefighters were mobilized immediately, special debris collections have since been completed. Ms. Cloutier said officials continue to evaluate measures to reduce the impact of future extreme rainfall. “Adapting to climate-related risks is a shared responsibility,” Ms. Cloutier wrote, adding that homeowners also play an important role in protecting their proper- ties from future flooding. Montreal Mayor Soraya Martinez Ferra- da said after the June flood the city would continue investing in sewer and drainage infrastructure, while acknowl- edging the rainfall was so intense that even upgraded systems would likely have struggled. She said Montreal must “think about how the city itself can become a sponge.” THE CANADIAN PRESS

Any new arrangements entered into after Aug. 4 must be logged within 14 days. After review by the commis- sioner’s office, registrations will be made public. Mr. Cullen said he’s waiting to see what the first batch of public registrations reveals. “I’m very curious to see what ends up being reported in the first round of public disclosures and whetherthereisoverdisclosureor unnecessary disclosure that re- sults in the commissioner issuing further clarification,” he said. The registry is part of the Liber- al government’s broad response to concerns raised about state- backed meddling in elections and other democratic processes in Canada, which culminated in the 2024 Hogue Inquiry. What the new system is set up to capture is much broader than influence linked to elections. It includes, for example, the potential that journalists who conduct interviews with foreign officials will have to register, as would state-backed businesses engaging with the government over issues such as permits or li-

On On On Onta ta ta tario Ontario

Niagara Falls

continue working with our mu- nicipal partners to closely mon- itor the situation and determine what additional resources are needed.” Ms. Facca said the Ministry of Municipal Affairs and Housing is

cences. However, capturing for- eign influence in Canadian poli- tics remains part of the system’s purpose. One of the bulletins issued Tuesday that discussed the inter- pretation of influence activities gavethisasanexample:“Publish- ing an article or video about the benefits of voting a certain way in an upcoming referendum.” A referendum asking residents of Alberta whether they would like to start a legal process to sep- arate from Canada, among other questions,isscheduledforOct.19. Naheed Nenshi, leader of the Alberta NDP, has raised concerns about foreign interference in the referendum. He wrote to the Can- adian Security Intelligence Ser- vice earlier this year about the is- sue; the agency responded to Mr. Nenshi in a letter, which he shared on social media on Sun- day. In it, the spy service said it is aware of and monitoring the risk of potential state-backed med- dling in the vote. The Alberta government has said it is also actively watching for internal and external threats.

assessing the situation for eligi- bility under the Disaster Recov- ery Assistance for Ontarians pro- gram, which is intended to help residents with costs that are not covered by private insurance. The federal government, meanwhile, says it is waiting for a formal request from the province before stepping in. “The province of Ontario and affected municipalities are lead- ing the response on the ground, and we are in close contact with provincial officials to monitor the rapidly evolving situation,” said Soraya Lemur, a spokesper- son for Emergency Management and Community Resilience Min- ister Eleanor Olszewski. While much of St. Catharines was dry on Tuesday, piles of gar- bage bags, soaked furniture and ripped-up carpet lined streets outside flooded homes. Billy Hammond took the day off from his job at Canada Post to drag bags of destroyed photo al- bums, family keepsakes and torn drywall to the curb. His home flooded on Sunday from sewage backing up into his basement for the second time in less than a week. Just as he finished cleaning from the first flood, his garbage pile grew larger with the second. “We need this garbage out of here because it’s traumatizing to look at,” he said. “It’s like you’re reliving the grief over and over again.” When Christine Lines saw the rains pummel St. Catharines on Sunday, she sprang into action making meals for those forced from their homes. The 54-year-old community kitchen co-ordinator at Silver Spire United Church usually cooks meals for homeless people in the church basement on Mon- days, but this week she decided to keep cooking into the evening so she could deliver meals to flood evacuees at a Niagara Falls community centre. While her own home flooded, she said other people are facing homelessness because of the heavy rains. “I don’t even know if I’m going to have a house tomorrow, but I just want to help where I can be- cause I’m more fortunate than they are right now,” Ms. Lines said.

QUEBEC TOWN DECLARES STATE OF EMERGENCY AFTER HEAVY RAINFALL

A municipality in Quebec’s Lau- rentians region has declared a lo- cal state of emergency after heavy rainfall left some roads impassa- ble. The town of L’Ascension says on social media that over a dozen roads are damaged or destroyed. Residents of the town of about 900 people have shared photos showing landslides and sunken ground. Residents are being urged to limit their travel to only what is strictly necessary and to avoid the affected areas. Environment Canada says up to 75 mm of rain fell in the Upper Laurentians between Sunday and noon on Monday. The mayor of nearby Ste-Adèle has offered to assist L’Ascension should the need arise. THE CANADIAN PRESS

Page 4

Iran, Oman close in

on agreement to open Strait of Hormuz

Deal appears contingent on U.S., which has ruled out handing Iran control over the strait

ELENA BECATOROS SAMY MAGDY

Iran and Oman are inching toward a deal to reopen the disputed Strait of Hormuz and po- tentially help bring an end to the war. The emerging agreement calls for ships to enter the Persian Gulf through an Iranian-con- trolled route and exit through a route con- trolled by Oman, two regional officials told The Associated Press. Any deal, though, appears contingent on the U.S. lifting its blockade on Iran’s ports. U.S. President Donald Trump’s administration has previously ruled out any deal that would give Iran control over the strait. Elsewhere, a mass funeral was held in Gaza City for more than 100 people killed in an Is- raeli strike early in the conflict. A memorial service was also held in Beirut for victims of a 2020 port explosion, and Yemen’s Houthis claimed they fired at a Saudi Arabian airport. Senior U.S. officials struck an optimistic tone on Tuesday, suggesting a deal to reopen the strait could be reached soon. Secretary of State Marco Rubio confirmed there has been progress made in talks between Iran and Oman, “but not finality yet.” Treasury Secretary Scott Bessent told CNBC that “there is a chance we may have a deal today or tomorrow to open the strait and move toward a more normalized position in this conflict.” The Strait of Hormuz is the crucial water- way at the mouth of the Persian Gulf through which a fifth of the world’s oil and natural gas passed before the war. It has been effectively shut by Iran’s attacks on shipping since the start of the war in February. Qatar’s Emir, Sheikh Tamim bin Hamad Al Thani, said he also spoke to Mr. Trump on Tuesday as the Arab country tries to broker a resolution to the war. Mr. Al Thani’s office said in a statement that on the phone call, the two discussed ways to bridge the divide “in a way that enhances the prospects of reaching a sustainable diplomatic settlement to the crisis.” A cargo ship reported being “hit by an un- known projectile” while traversing the Strait of Hormuz, according to the United Kingdom Maritime Trade Operations Center. The centre said the reported strike damaged

ASSOCIATED PRESS

False social-media posts about Spain’s border sparked migrant crossings into Ceuta

AKRAM OUBACHIR FNIDEQ, MOROCCO

It started with Instagram posts that suggested Spain’s border with Morocco was opening up. Then came Facebook users track- ing coast guard patrols and Tik- Tok videos showing where to swim. After many shares and com- ments, thousands of Moroccans became convinced that Europe was suddenly within reach. Within hours, young people began heading toward the border with the Spanish territory of Ceu- ta in North Africa. Packed buses rolled into the neighbouring Mo- roccan city of Fnideq. Regional trains filled up. Taxis did too. By the time authorities reacted,anestimated60,000peo- ple had reached Ceuta in just a few days, the largest migration surge between Morocco and Spain in years. More than 80 mi- grants died on both sides of the border, including some who drowned and others who were killed in a stampede, authorities said. Nearly all of the surviving mi- grants soon returned, but the fall- out from last week’s events will linger. In the northern Moroccan city of Larache, about 150 kilometres from Ceuta, three friends watched a video posted by an In- stagram account called Haraga Ceuta claiming the border would be open. Haraga refers in Moroc- can dialect to young migrants who destroy their identification papers and try crossing illegally into Europe. The post convinced Anas Am- rani, Yahya Harak and Ismail Atik that it was worth risking the jour- ney. For migrants hoping to reach Spanish territory, the most com- mon route begins in Fnideq, where many attempt the roughly five-kilometre swim around the border breakwater. Others leave fromthenearbyvillageofBelyou- nech. One TikTok video mapped the exact route swimmers should fol- low. On Facebook groups such as

the vessel at around 2 a.m. local time while it was about 37 kilometres northeast of Al Kha- sab, a port city in Oman. It’s unclear what flag the ship was sailing under or whether it was carrying cargo, but the British maritime security firm Ambrey said the ship sustained damage. On the Red Sea, meanwhile, an Indian- flagged commercial ship sank off Yemen after being struck by an explosive-laden boat, Ye- meni and Indian authorities said. Yemen’s coast guard rescued the crew, which included 13 Indians and a Yemeni. India’s Foreign Ministry condemned the at- tack, though no one immediately claimed re- sponsibility. Iran-backed Houthi militants have repeatedly struck ships traversing the Red Sea near Yemen. Hundreds of people gathered Tuesday as bodies wrapped in Palestinian flags were laid in rows near flattened buildings in Gaza City. The 112 victims were then carried off on stretchers through a narrow street, destined for burial in a nearby cemetery. They were among more than 300 killed during an attack on Nov. 22, 2023, in the city’s Sabra neighbor- hood. First responders recovered the bodies, in- cluding 40 children and 30 women, over the weekend, according to the Civil Defense, a res- cue agency operated under Gaza’s Hamas-run Interior Ministry. The Gaza war began on Oct. 7, 2023, when Hamas-led militants attacked southern Israel, killing around 1,200 people and taking 251 hos- tage. Israel’s military offensive in Gaza has since killed 73,375 people, including civilians and combatants, according to Gaza’s Health Minis- try. Around 7,400 people are still missing and presumed buried under the rubble from the war, according to Zaher al-Waheidi, head of the Gaza Health Ministry’s records depart- ment. Israeli and Lebanese officials met in Rome on Tuesday to continue talks on implementing a U.S.-mediated deal to drawdown the Israeli military from southern Lebanon and disarm the Iran-backed Hezbollah militant group. A diplomat familiar with the negotiations said Lebanon had asked for the next “pilot zone” — where Israeli forces would withdraw and the Lebanese army would take control — to be either in the town of Khiam or Bint Jbeil. Both areas saw heavy fighting in the latest Is- rael-Hezbollah war and are currently occupied by Israeli forces.

Migrants gather in Ceuta, Spain, after recent mass crossings of migrants from Morocco into Spanish territory. VIOLETA SANTOS MOURA/REUTERS

Fnideq Bab Sebta, users shared screenshots from vessel-tracking platforms to identify moments when coast guard patrols ap- peared lighter. Some sought ad- vice on using inflatable boats. Others advertised wetsuits for sale. “I saw online that the border was open, and I decided to go,” said 17-year-old Omar Danbor from Fnideq, walking back ex- hausted along the coast. It’s unclear who was behind the claims that the border was open or who operated many of the social-media accounts, sever- al of which were deleted soon af- ter the crossings. The Associated Press contacted several accounts but received no response. The surge to Ceuta touched a political nerve in Europe, and the European Union is investigating what happened. The EU’s migra- tion commissioner expressed concern Tuesday about online disinformation but didn’t identi- fy a specific culprit. Asmigrantsreachedtheshores of Ceuta, mass chaos erupted at a narrow concrete breakwater where many tried to climb onto

land. According to multiple mi- grants interviewed by AP, people rushed to scramble over the slick rocks at the same time, pushing and climbing over one another. Several said they saw people knocked back into the water and forced beneath others, leaving them unable to resurface as mi- grants sought to reach land. “I stepped on the face of a dead man while I was climbing out. I hope God forgives me and all those whose bodies were found,” said Lahcen Kalouch, a Moroccan migrant who reached Ceuta be- fore returning home distraught. At least 72 people died on the Spanishsideoftheborder.Anoth- er 11 died on the Moroccan side. Tens of thousands of migrants have since returned to Morocco, either after being expelled or leaving by choice because of a lack of shelter, food and water in Ceuta. Somemigrantsmisunderstood recent legal developments in Spain, including Prime Minister PedroSánchez’simmigrationreg- ularization measures and a court ruling limiting authorities’ ability

A health worker disinfects a wooden coffin before loading the body of an unidentified man, who according to his family died of Ebola, as they retrieve it from his house. GRADEL MUYISA MUMBERE/REUTERS

Health Canada gives

Moderna vaccine trial clearance for Ebola species tied to Congo outbreak

NICOLE IRELAND

Health Canada has authorized Moderna to conduct a clinical trial on a new mRNA vaccine that targets the species of Ebola blamed for the largest outbreak ever reported in the Democratic Republic of Congo. There is no vaccine or treat- ment for the Bundibugyo species of Ebola, which has killed more than 1,700 people in Congo. Ebola has never been detected in Canada but it will be the first country to participate in Mod- erna’s trial in a global race to de- velop a vaccine. Participants are healthy adults and will not be exposed to the virus to test the vaccine. A spokesperson for Moderna says the first volunteer in the trial received the shot on Mon- day in Truro, N.S., and that the company expects to enroll 80 people in Truro, Halifax and To- ronto. The Phase 1 trial will evaluate the vaccine’s safety, determine the right dosage, monitor for side effects and study the antibody re- sponse. Health Canada said in a re- lease issued Tuesday that the de- partment authorized the clinical

to immediately return migrants who swim into Ceuta. Mr. Sánchez’s recent efforts to regularize migration were meant only for people already living in Spain prior to Jan. 1, the majority of whom hail from Latin America and entered Spain legally but overstayed their visas. But some in Morocco misinterpreted his policy, believing they would be al- lowed to stay. That belief spread online. “Pedro Sánchez is a liar. He told us if we came, we would get jobs and papers, but they sent us back,” said Adam Assil, a migrant from Casablanca, even though Mr. Sánchez never made such a promise. While attempts to reach Ceuta are common, migration activists said this episode was different be- cause of the way rumours snow- balled online, encouraging thou- sands of people to head toward the territory at the same time in- stead of in smaller, scattered groups. Moroccan authorities said the migration wave was not sponta- neous. The Interior Ministry blamed the “exploitation of the

trial on July 30. The United Kingdom has also started a clinical trial for a Bundi- bugyo species vaccine, made by the University of Oxford. Health Canada said Moderna would need to do Phase 2 and 3 clinical trials to determine the vaccine’s effectiveness before it could seek authorization for wider use. “Any final submission would need to meet Health Canada’s stringent safety, efficacy and quality standards before the vac- cine could be allowed on the Canadian market,” the depart- ment’s news release said. Ebola is spread through un- protected contact with the bodily fluids of people sick with the vi- rus or who have died from it. Ebola is a filovirus, which can cause severe hemorrhagic fever. Moderna’s executive director of global health security and R&D partnerships said Canada was chosen for the first clinical trial “based on Moderna’s experi- ence conducting early-phase trials there, Health Canada’s reg- ulatory oversight, and the coun- try’s long-standing contributions to filovirus research.”

THE CANADIAN PRESS with reports from Associated Press

digital sphere” and “the spread of misinformation.” Officials offered no evidence but said an investiga- tion had been opened. Spain’s government made similar state- ments. Ceuta officials said they had warned the Spanish government of a surge in arrivals before the massive crush on Thursday. The Spanish Interior Ministry said Monday that it had not received “any report or warning regarding the mass arrival of people in Ceu- ta,” and it praised co-operation with the Moroccan authorities in sending most of the migrants back. “Nobody addressed how these individuals managed to breach the border,” said Mustapha Azai- traoui, a Moroccan geographer specializing in migration dynam- ics. “If a large group of people can cross the border under these cir- cumstances, it suggests a broader securityissuethathasyettobeac- knowledged publicly.” Both Morocco and Spain blamed the Ceuta crisis on hu- man smugglers and trafficking networks, saying organized crim- inal groups encouraged the mass crossings. But returning Moroccan mi- grants interviewed by AP largely rejected that explanation. “No one smuggled me there. I wanted to go of my own free will, but that country is not worth all this sacrifice,” Mr. Kalouch said. “There are no mafias. The bor- der was open, and I crossed. But now I regret it,” said Mr. Danbor, his clothes still wet after making the journey back. The Spanish Interior Ministry said investigations into smug- gling networks are ongoing and noted that Spain and Morocco have carried out joint operations against trafficking groups. The Moroccan Interior Ministry did not respond to questions about smuggling networks. Several politicians and experts have suggested it would be im- possible for so many to cross without Moroccan complicity. A high-ranking Moroccan diplomat appeared to push back against that.

Page 5

Properties on Okanagan Indian Band land that were destroyed by the Bradley Creek wildfire are seen in Vernon, B.C., on Tuesday. DARRYL DYCK/THE CANADIAN PRESS

Volunteers mobilized

in B.C.’s North Okanagan region

As officials warn things are likely toget worse, emergency support services centre is keeping busy in wake of wildfires in province

OM SHANBHAG

As wildfires bore down on com- munities in British Columbia’s North Okanagan region, Gena Barzan turned her thrift store in Vernon into an essential-goods supplier. She and her volunteers are doling out necessities to those fleeing the fires. That includes of- fering a comforting ear to those facing the loss of their homes and pets. While the emergency support services centre is keeping busy assisting people, many evacuees are also in need of a hug. “We hold them and tell them, we’re very sorry, and just try to comfort them and help them with whatever we can,” Ms. Bar- zan said. “You feel for these peo- ple because they’ve lost every- thing.” Her operation in Vernon pro- vides donated toiletries, snacks and “every pet need they could possibly want” to hundreds of neighbours suffering with loss because of the Bradley Creek wildfire. Okanagan Indian Band Chief Dan Wilson said Tuesday that 30 homes of band members and 200 non-band homes have been destroyed in the wildfire, which started late Friday and prompted the issuing of evacuation orders Saturday. He described the event as “surreal” and said the scope of destruction was just sinking in. With winds gusting up to 115 kilometres an hour, the fire spread quickly. “The point that I really want to make to everyone is that the fire spread so fast that some of our members only had five min- utes to evacuate,” Mr. Wilson said. He said that when he took a helicopter tour of the area, at the northern end of Okanagan Lake in the B.C. Interior, his communi- ty was almost unrecognizable. Mr. Wilson said he could see how close they came to losing key infrastructure, including the powwow arbour, a daycare cen- tre and the new school, all of which were saved by aircraft sat- urating the area with water.

SPARKS FROM IDLE TRANSMISSION TOWER CAUSED 2025 EATON FIRE THAT KILLED 19, OFFICIALS SAY

LOS ANGELES Sparks from an idle transmission tower owned by Southern California Edison caused the 2025 Eaton fire in the Los Angeles area that killed 19 people and destroyed more than 9,400 homes and busi- nesses, Los Angeles County fire officials said in a report released Tuesday. It took firefighters nearly a month to extinguish the blaze, which scorched 57 square kilo- metres. The Eaton fire burned at the same time as the wind- whipped Palisades fire. An AP analysis at the time showed both blazes torched more urban area than any California fire in decades. The Eaton fire was caused by electrical arcing on the utility’s out-of-service tower atop a ridge covered with dry fuel, the agen- cy said in a statement. When bare, uninsulated wires touch or come close together it can cause arcing, which is when electricity jumps through the air, produc-

Reserve resident Louis Fred and his wife, Shorty, said they barely made it out on Saturday, with the wind-driven flames on their heels. “I’ve been living here all my life, and I’ve really never seen anything like this one here, this weekend here,” Mr. Fred said. “Even 2021 was bad. It was huge. But the wind wasn’t nothing … compared to this one.” The BC Wildfire Service said the province had about 120 ac- tive wildfires as of Tuesday, with roughly 50 of them burning out of control. Major fires are active in the Fraser Canyon, Thompson-Nico- la and East Kootenay regions near communities including Bos- ton Bar, Clinton and Kimberley. Officials warn things are likely to get worse this week. The southern Interior will en- ter drought conditions with hot temperatures and dry lightning, creating new fire starts and exa- cerbating the challenge of exist- ing wildfires, Cliff Chapman, di- rector of provincial operations for the BC Wildfire Service, said in an update Tuesday. Kelly Greene, Minister of Emergency Management and Cli- mate Readiness, said the prov- ince has 37 evacuation orders in place, affecting 8,000 people. The orders triggered by the Bradley Creek fire expanded on Tuesday, as the Regional District of North Okanagan added more than 40 properties because the fire blocked some road escape routes. Jeff Dunn, the fire centre man- ager in the Kamloops region, said the Bradley Creek fire had not grown much since the cold front that brought high winds moved through on Sunday. He said they were quickly trying to get control lines around the fire in order to try to hold it when the weather shifts again over the next few days. The wildfire also caused ex- tensive damage to power lines in the area, with at least 150 poles needing to be replaced and 1,700 customers still without power, BC Hydro said in a statement Monday. Ms. Barzan said she’ll keep providing pet and human food for weeks, maybe months. “Vernon is a city, but it’s still a tight community. We know these people, most of them, we’ve seen them, we’ve talked to them. It’s personal,” she said.

With reports from The Canadian Press

ing sparks. The report said SoCal Edison was responsible for maintaining and operating its electrical lines and equipment “in a manner that would mini- mize the risk of catastrophic wildfire posed by them.” The utility indicated previ- ously its equipment may be involved. In early reports to the California Public Utility Com- mission, SoCal Edison said it detected a “fault” on one of its transmission lines around the time that the Eaton fire started. Kathleen Dunleavy, a spokes- person for SoCal Edison, said the utility is reviewing the report. “We have taken our potential role in the start of this fire seri- ously from the very beginning,” Ms. Dunleavy said. Ms. Dunleavy added the utility has claims against other agencies over issues such as emergency response and the condition of surrounding vege- tation. ASSOCIATED PRESS

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Page 6

Russia, Ukraine exchange deadly strikes

Ukrainian drone attacks in the re- gion around Moscow killed five people, local officials said Tues- day, while authorities in Ukraine said Russian aerial strikes there also caused at least five civilian deaths. Since Russia’s invasion more than four years ago, Ukraine has developed long-range drones that can hit targets deep inside Russia. In the past year, they have battered oil facilities, major stor- age depots and other key infras- tructure. Russia’s relentless aerial at- tacks on Ukraine have killed more than 16,000 civilians, with casualties rising steadily each

Alberta: Contractors file liens, say bills remain unpaid

FROM A1

FROM A1

“We’rehearingthattheyaregoing to be completed before the end of the year with the budget that was established.” But subcontractors, in court filings and in interviews with The Globe and Mail, allege money has dried up, their work is incom- plete, and costs have climbed since they first signed on. The projects are caught in a tangle of legal action, with various parties sparring for control of millions of dollars allegedly earmarked for the facilities. “Someone has to step in,” Re- nols Dehari, a mechanical con- tractor on two of the projects, said in an interview. “If they don’t pay, we’re not going back.” Enoch Cree Nation, Tsuut’ina Nation and the Métis Nation of Alberta all contracted Melewka Homes Ltd. to build their recov- ery centres. Melewka, owned by Lewis Semashkewich and his son John Semashkewich, in court fil- ings said it partnered with anoth- er company, AEHE Holding Corp., to win the construction contracts. The Semashkewiches allege the company was secretly controlled by Sam Mraiche, the Edmonton businessman at the centre of Al- berta’s sweeping health care pro- curement affair, who allegedly demanded “exorbitant amounts of money” to keep project pay- ments flowing. Melewka also al- leges Mr. Mraiche threatened to usehisinfluencetohavethecom- pany’s recovery centre contracts

Bitcoin: Toronto investor lost equivalent of more than $1.6-million in seven minutes

Many in the bitcoin community have advised directly holding crypto, said Mr. Chennells, re- gardless of whether such concen- tration of risk is appropriate for an individual investor. “The problem is the communi- ty can tend to pressure people in one direction – ideological purity that you should only self-custo- dy,” he said. Despite their name, hardware wallets don’t actually store bit- coin. The cryptocurrency exists digitally on a type of distributed ledger, known as a blockchain, with entries to that ledger validat- ed and confirmed by a network of computers. Bitcoin wallets have complex private keys which are used to authorize transactions. Anyone with access to those keys has effective control over the as- sociated bitcoin. “Cold” wallets store crypto keys offline and can be as simple as a private key recorded on a piece of paper. Hardware wallets

year, according to the United Na- tions. Neither side publishes verifia- ble numbers of troop casualties on the front line, which winds about 1,250 kilometres through eastern and southern Ukraine. Neither side’s claims could be independently verified. The death toll from a drone strike Monday in the Russian Black Sea resort of Arkhipo- Osipovka rose to seven, including three children, regional author- ities said. On Tuesday morning, Krasno- dar regional authorities updated the number of wounded to 58, with 21 of them hospitalized.

cancelled. Scott Hutchison, a lawyer for Mr. Mraiche, previously said the legal feud “concerns a commer- cial dispute in which Mr. Mraiche has played no role and has no business or financial interest whatsoever.” As part of the battle, AEHE and its principal Mohamed Eldassou- ki, who is Mr. Mraiche’s brother- in-law, is suing Melewka, alleging the elder Semashkewich fraudu- lently took control of one of AEHE’s bank accounts. None of the allegations have been tested in court and all of the parties have previously denied wrongdoing. Lawyers for Lewis Semashkewich, Mr. Eldassouki and Mr. Mraiche did not respond to requests for comment. Meanwhile, Melewka and its subcontractors have filed liens exceeding $10-million against the Métis Nation project in hopes of recouping money for work on that recovery centre. Subcontrac- tors also allege they are owed for work performed on Enoch and Tsuut’ina, but those facilities are shielded from liens because they are on reserves. In those cases, some subcontractors are suing Melewka for the money. Mr. Dehari’s company, Inso- Energie Inc., was subcontracted to work on the recovery facilities for the Métis Nation and Enoch. He said his business completed roughly 60 per cent of its work at the Métis Nation’s recovery centre, and had yet to be paid for any of it. He estimates the bill

add a layer of security by keeping private keys on a dedicated device, requiring users to enter a PIN or password to authorize transactions. A strong recommendation from a cryptocurrency-literate friend was enough to convince Jon Goodman, a Toronto-based author and former personal trainer, to use Coinkite’s Coldcard Mk3 hardware wallet for a sizable bitcoin position he had built up over about a year and a half of steady investing. The bitcoin, one of his four “investment pillars,” alongside real estate, stocks and his personal brand, was part of a strategy to “make sure my family is looked after and we sleep well at night,” he said in an interview. In just seven minutes on the evening of July 29, his wallets were emptied of more than 18 bit- coin, worth in excess of $1.6- million. New York-based Galaxy Research estimated on Monday that a total of 1,596 bitcoin has been stolen from Coldcard wallets, worth more than $140-

Footage circulating online showed a drone slamming into a crowded beach, with what sound- ed like rapid gunfire ringing in the background. Ukraine has not commented on the strike. A Ukrainian drone attack in the Moscow region, which surrounds but doesn’t include the Russian capital, killed five people and wounded 10 others on Tuesday morning, the region’s Governor, Andrei Vorobyov, said. In the latest in a string of attacks attack on Russia’s biggest online retailer, Wildberries said Tuesday that its warehouse in the Leningrad region, which lies adjacent to St. Petersburg, was on

amounts to roughly $180,000 after interest. He also said he had not been paid for roughly 20 per cent of his company’s work on Enoch’s re- covery centre. Mr. Dehari said the experience has shaken his trust in Ms. Smith’s government, which he believes should be communicat- ing directly with subcontractors and making them whole. “The government should know where their money goes,” he said. Materials and labour are now more expensive than when Inso- Energie started working on the projects, which will make it diffi- cult for the Premier to keep her word that costs will not balloon, Mr. Dehari said. “I don’t know how she’s going finish this on budget, because we definitely don’t want to go back with the same pricing.” Lydia Vokurka, a manager at HVAC contractor Northern Alber- ta Heating (2013) Ltd., began con- tacting government officials about her company’s unpaid bills for the Métis Nation’s recovery centre in January. “I’ve written so many e-mails,” she said in an interview. The subcontractor is owed nearly half a million dollars, she said. “The government has not helped with this situation,” she continued. “They are completely ignoring it, and simply saying, ‘Oh yeah, no problem. The pro- ject will be completed. Every-

million. A blog post that Coinkite’s sup- port team shared with Mr. Good- man indicated that hackers had discovered a vulnerability in the part of the Coldcard wallet code used to create seed phrases – a combination of words used as a kind of master key for the wallet. While seed phrases are meant to be generated with a high degree of randomness from a huge pool of potential seeds, a coding error introduced in 2021 made seed phrases much easier to guess. The blog post said that attack- ers could use the easily-guessed seed phrases to determine wallet keys and find ones containing bit- coin, without requiring access to hardware wallets. In a social-media post, Mr. Goodman said he never shared his seed phrase with anybody and had kept his devices disconnect- ed from the internet, with his Coldcard wallet stored in a safety deposit box. He has filed police reports and a report with the On- tario Securities Commission.

fire. Overall, the Russian Defence Ministry reported Tuesday morn- ing that its air defences shot down 320 Ukrainian drones over- night. In the port of Chornomorsk in Ukraine’s southern Odesa region, the Russian military said it struck an automobile components plant and a port terminal, where the Ukrainian forces “were repairing military vehicles and storing am- munition and fuel.” Russian attacks on Mykolaiv, including its port, killed an 89- year-old woman and wounded seven other people with ages between two and 83, Ukrainian

[ EXTREME WEATHER ]

Danube drought

reveals what lies beneath

The wreckage of a Second World War German warship emerges in front of Djerdap II, a large dam on the Danube River between Romania and Serbia, near Prahovo, Serbia, on Tuesday

DARKO VOJINOVIC/AP PHOTO

thing will be done.’ ” The Métis Nation terminated its contract with Melewka near the end of March, when the project was roughly 80 per cent complete, according to a progress report the province published in May. The Indigenous organiza- tion, in a statement, declined to address whether it has picked a new contractor, re-evaluated timelines or revised its budget, noting the matter is before the courts. Ms. Vokurka said it is “very dif- ficult to believe” that the Métis Nation’s project will be finished without additional funding. “It’s very challenging. The gov- ernment left us holding the bag here, and it’s not our fault.” Two contractors with unfin- ished work at Tsuut’ina’s recov- ery centre said they had not been paid in months – but want to re- turn to complete the job. Trish Johnston, president of A-1 HVAC Inc., said that while she was “proud to support the Tsuu- t’ina Nation,” her business is owed more than $700,000, in- cluding costs for specialized, made-to-order equipment. “We have not been paid since Novem- ber of 2025, and the resulting financial strain is significant,” she said. “This has put our company in such a tough spot,” Ms. Johnston said. “While we continue to sup- port the project and its purpose, our experience would make it very difficult to take part in a similar project again without

“I think that there is a very le- gitimate chance that whoever is responsible for this will be caught and arrested,” he told The Globe and Mail. “I think that there’s al- most no chance that any of the funds are going to be recovered … There’s just very little precedent.” In a blog post dated Sunday, Coinkite said it had been working directly with customers and “walking through recovery op- tions together.” It said it had also destroyed the remaining invento- ry of vulnerable Coldcard wallets, and had issued software patches to prevent the bug from affecting new seed generation. “We also believe this vulnera- bility is a warning for every com- pany building Bitcoin hardware and software, not only us,” Coin- kite said in another post on Mon- day. “We’re publishing this now, while the details are still fresh, be- cause other companies need time to check their own code to pre- vent potential further loss.” Recent artificial-intelligence- assisted reviews of the Coldcard

regional officials said. Elsewhere, in Ukraine’s north- ern Sumy region six Russian glide bombs killed three people, in- cluding two girls aged five and 10 and an elderly woman, Oleh Hry- horov, head of the Sumy regional military administration, said. Russian forces also struck Kharkiv and 18 towns and villages across the northern region over the previous 24 hours, killing one person and injuring seven others, including an eight-year-old child, saidOlehSyniehubov,headofthe Kharkiv regional military admin- istration.

ASSOCIATED PRESS

stronger payment and security measures in place.” Tsuut’ina did not address questions about its timeline and budget, citing litigation. The First Nation is suing its former lawyer over alleged irregularities in the procurement process for its re- covery centre. Tsuut’ina, in a law- suit first reported by The Globe in July, alleged lawyer Terry Braun worked with Mr. Mraiche to sole- source the construction contract for its facility. Tsuut’ina alleges its recovery centre project has been marred by “red flags,” including circum- vented procurement processes, overpayments and duplicated in- voices, according to its statement of claim. Mr. Braun did not respond to a request seeking comment. Mr. Mraiche is not party to that law- suit and his lawyer did not re- spond to a request for comment. None of the allegations have been tested in court. Alberta in its spring progress report said construction at Tsuu- t’ina’s recovery facility was 83 per cent complete. Enoch spokeswoman Erin Stroud, in a statement, said the recovery centre on its territory is finished, save for paving the park- ing lot. “The project is on budget, there are no claims, no liens, and all payments to subcontractors are up to date,” she said. Ms. Stroud did not reconcile Enoch’s statement with the allegations of unpaid invoices.

software code did not catch the vulnerability, the company said. Mr. Chennells said bitcoin holders concerned about security vulnerabilities could consider di- versifying their exposure. “Hold some in ETFs, some in a smaller vault, some in mining or ecosys- tem companies,” he said. “People have to make individ- ual choices based on their risk tol- erances and knowledge and prin- ciples.” Some investors may have al- ready begun to diversify. In re- sponse to questions from The Globe, Arturo Rossi, a spokesman for crypto exchange Kraken, said that the trading platform had seen “a meaningful increase in bitcoin deposits during the event.” Mr. Goodman says he intends to keep his holdings of a bitcoin fund within his TFSA, but is un- likely to rebuild the crypto pillar of his portfolio. “I’m not going to buy any more bitcoin. I’m not going to do cold storage again.”

Page 7

GOP advances Blanche’s nomination

Two holdout senators said on Monday they were pleased with agreement to rescind questionable funds

ALANNA DURKIN RICHER MARY CLARE JALONICK WASHINGTON

Acting Attorney-General Todd Blanche cleared a critical hurdle Tuesdayinhisbidtobeconfirmed to the post after swaying Republi- canholdoutsonaSenatecommit- tee to advance his nomination for a floor vote. The Senate Judiciary Commit- teevoted12-10alongpartylinesin support of the nomination of PresidentDonaldTrump’sformer personal attorney, who has ag- gressively pushed the Republican administration’s priorities since taking over from Pam Bondi in April. The vote followed a deal struck late Sunday between Mr. Blanche and two Republican senators – John Cornyn of Texas and Thom Tillis of North Carolina – who had beenthreateningtoblockhiscon- firmation over the settlement of Mr. Trump’s lawsuit against the Internal Revenue Service regard- ing the president’s leaked tax re- turns. Mr. Cornyn and Mr. Tillis backed Mr. Blanche’s nomination after the Justice Department con- firmed in writing that it wasn’t movingforwardwithaUS$1.8-bil- lion fund to compensate Trump allies who believe they were pros- ecuted for political purposes, which the administration an- nouncedaspartofthesettlement. After days of negotiations, Mr. Blanche issued an order Sunday evening confirming “beyond any doubt, that there is no Fund.” It was still unclear, though, if Republicans will have enough votes in the full Senate to confirm Mr.Blanche.Avotecouldcomeby the end of the week. If all Democrats oppose him, Mr.Blanchecanonlyaffordtolose two Republican votes if Senator Mitch McConnell of Kentucky, who was hospitalized after a fall, does not return before then.

Trade: Steeper tariffs have squeezed metal exports

FROM A1

FROM A1

Ottawa has resisted striking a pu- nitive trade deal with Washing- ton similar to those agreed to last year by Britain and Japan without some tariff relief. The White House, meanwhile, has re- fused to ease the trade war with- out more concessions, including stopping any retaliation against the tariffs. But Mr. Trump’s plan, un- veiled last month, to hit an addi- tional US$20-billion worth of Canadian exports with 50-per- cent tariffs starting Aug. 19 lit a fire under Ottawa, according to two Canadian government and one U.S. industry source. The new tariffs would be im- plemented under Section 338 of the Smoot-Hawley Tariff Act of 1930. While they would affect on- ly about 5 per cent of Canadian exports − a range of goods from alcohol to dairy and electronic equipment − they would hit some industries particularly hard, likely a calculated move to get those sectors to put pressure on Ottawa for a deal. The tariffs would be felt most acutely in On- tario, Quebec and British Colum- bia − while mostly sparing Al- berta and Saskatchewan, the two provinces not boycotting U.S. al- cohol. Now the two sides have gone back to a proposal they were dis- cussing last October, when Mr. Trump abruptly ended talks over an Ontario government anti-tar- iff ad. Under the framework, Cana- dian steel and aluminum would be subject to tariff rate quotas, or TRQs, the five sources said. This would mean that only a certain amount of the Canadian metals could be exported to the U.S. be- fore an exorbitant tariff would take effect. Two U.S. industry sources said negotiators are still haggling over what the quotas should be and, in the case of steel, whether there should also be a lower tar- iff on steel sold below the quota. In exchange, Canada would see Mr. Trump’s metals tariffs, imposed under Section 232 of the Trade Expansion Act of 1962, reduced for exports under the quota limit. Such an agreement could help achieve Canada’s cen- tral negotiating goal of easing

U.S. Senator John Cornyn, centre, is one of two senators who threatened to block acting Attorney-General Todd Blanche’s confirmation over President Donald Trump’s lawsuit against the IRS. WIN MCNAMEE/GETTY IMAGES

Maine Senator Susan Collins, a moderate Republican who is in a tough re-election race this year, said in a statement Tuesday after- noon that she would not support Mr. Blanche because he has taken actions that “eroded the depart- ment’s independence,” including the creation of the settlement fund. At least two other Republican senators have not said if they will vote to confirm Mr. Blanche – Alaska Senator Lisa Murkowski and Louisiana Senator Bill Cassi- dy, who lost re-election earlier this year when Mr. Trump en- dorsed one of his primary oppo- nents. Both declined to comment when asked how they will vote. Democrats say Mr. Blanche’s order doesn’t go far enough to prevent the Trump administra- tion from reviving the fund after the acting attorney-general’s con- firmation and have called for leg- islation to permanently bar it. The order also doesn’t stop the administration from compensat- ing Trump allies – including peo- ple who attacked the Capitol on Jan. 6, 2021 – through a previously established process that allows people to file claims for damages if they believed they were

the pain for key industrial sec- tors while breaking the logjam on other trade issues. The Globe reported last fall that the proposed deal on steel would have seen a quota based on a historical level of metal shipments to the United States. Inside the quota, steel would have faced a tariff in the range of 10 to 15 per cent; outside the quota, steel shipments would have faced tariffs in the 25-to-50- per-cent range. Two Canadian industry sourc- es said that, in addition to the formal negotiating sessions Mr. LeBlanc and Ms. Charette have been holding with Mr. Greer, Prime Minister Mark Carney and Mr. Trump have been talking di- rectly. Despite the more intensive trade talks, major hurdles re- main. One Canadian industry and one Canadian government source said the other major eco- nomic sector hammered by Mr. Trump’s Section 232 tariffs, au- tos, has not been the subject of detailed negotiations. In congressional testimony last month, Mr. Greer said dis- cussions about rules of origin and other structural changes to the U.S.-Mexico-Canada Agree- ment, potentially including the auto sector, would likely contin- ue into 2027. Canadian-made au- tos are subject to a 25-per-cent tariff. Without Mr. Trump rolling back his auto tariffs on Canada, it is highly unlikely Ottawa would remove its countertariffs, another of the Trump adminis- tration’s demands. In the meantime, Mr. Greer said he hoped to reach “interim arrangements” with Canada and Mexico before the end of the year but did not specify what these more limited deals would contain. The U.S. has also regularly moved the goalposts during talks. After sending Canada a let- ter enumerating its demands in June, Mr. Greer last week handed Mr. LeBlanc a list of 10 more, said one Canadian government, one Canadian industry and one U.S. industry source. Rallying support for free trade among business groups and leg- islators has long been a favoured Canadian tactic in dealing with

wronged by the government. The fund “can easily be revived withaneworderfromtheDepart- ment of Justice 15 minutes after Mr. Blanche is confirmed as attor- ney-general,” said Dick Durbin of Illinois, the top Democrat on the committee. Mr.CornynandMr.Tillishadal- so pressed for clarification on a separate part of the settlement that would grant Mr. Trump and members of his family immunity from tax audits. Under the deal, the Justice De- partment clarified in writing that the tax audit immunity agree- ment applies only to claims open at the time of the settlement and does not protect Mr. Trump from examination of future tax filings. It also makes clear that only the parties that brought the lawsuit – Mr. Trump, two of his sons, and the Trump Organization – are covered by the tax agreement. Mr. Cornyn said his reasons for backing Mr. Blanche go beyond the deal struck Sunday, adding that he believes the Justice De- partment needs a “stabilizing force” at the helm. “The Department of Justice does not need a temporary, un- confirmed nominee as our na-

Mr. Trump. But it has not appeared to work as well during the Presi- dent’s second term as it did dur- ing his first. The White House has become more aggressive with its protectionist trade agen- da and more traditionally free- trade-supporting Republicans have been sidelined within the party. Steel and aluminum have been at the heart of Canada-U.S. trade tensions since the first Trump administration, when the President put a 25-per-cent tariff on both metals and left it in place for a year during negotia- tions over the North American free-trade agreement. The steeper 50-per-cent tariffs have severely squeezed exports of both metals, with shipment volumes heading to the U.S. falling by half in the months after the introduction of tariffs last spring. Aluminum exports have recovered somewhat since then but remain well below 2024 levels; steel exports remain roughly half of what they were in 2024. The metal tariffs have also bit- ten much harder than during the first Trump presidency because they have been applied to hun- dreds of “derivative” products: manufactured goods that con- tain metal. That has hit Cana- dian manufacturers across a broad range of industries. Ottawa has a strong case to make for tariff relief on alumi- num, as the U.S. produces only a fraction of what it consumes and imports the rest, with Canada being by far the largest source. The case is somewhat harder to make for steel: The U.S. has more production capacity, and the do- mestic steel lobby has significant political clout. The Section 232 tariffs on steel and aluminum and their deriv- ative products, which apply to every country, are aimed at boosting domestic production − and reducing the amount of cheap steel produced in China and other Asian countries mak- ing its way into the U.S. Canada has taken a number of steps over the past year to pro- tect its own domestic steel in- dustry from low-cost imports, in effect aligning with Mr. Trump’s protectionism.

tion’s top law enforcement offi- cial. Trump needs someone in this role, as well, with a strong le- gal mind,” Mr. Cornyn said. Mr. Blanche has faced intense scrutiny regarding his ability to maintain independence from the White House, the Justice Depart- ment’s pursuit of the President’s political foes and the agency’s handling of files related to dis- graced financier Jeffrey Epstein’s sex trafficking investigation. But it was the settlement of Mr. Trump’s US$10-billion lawsuit against the IRS that threatened to derail Mr. Blanche’s nomination, forcing a delay in the committee votelastweekamidpressurefrom thetwoRepublicansenators,who arenotreturningtoCapitolHillaf- ter their terms end in January. Republican Senator Chuck Grassley, who chairs the commit- tee, said Mr. Tillis and Mr. Cor- nyn’s demands were “common sense.” Mr. Grassley said the sen- ators’ concerns about the “Anti- WeaponizationFund”andtheIRS settlement were shared by many other lawmakers, including him- self. “I’m grateful that they as well as Mr. Blanche and the White House worked in good faith to

Activist: Thailand needs to

‘uphold obligations against refoulement,’ lawmaker says

Ms. Sheng said Ms. Zhang had been on the verge of being de- ported to China, but an intervention by Canadian diplomats stopped this. Pressure from Ottawa and the United Nations refugee agency, as well as an intervention by Thai lawmakers and international human-rights groups, eventually resulted in Ms. Zhang being allowed to leave Thailand, Ms. Sheng said. “Once Thai authorities recognized Canada’s uncompro- mising stance, they abandoned their resistance and pivoted to ensuring her safe departure by all available means,” Ms. Sheng said. “On the night before her flight, alongside Canadian diplo- mats who accompanied her, senior Thai police officers per- sonally escorted Ms. Zhang. Under direct orders from senior commandersandwithdedicateddrivers,theysafelyescorted herallthewaytoBangkokAirporttoboardherflighttoCana- da.” In a statement, Immigration, Refugees and Citizenship Canada said the country has a “long and proud tradition as a world leader in resettling refugees with com- passion, respect, and dignity.” It declined to comment specifically on Ms. Zhang's case, citing a need “to protect the safety and privacy of applicants and the integrity of our programs.” Thailand’s Ministry of Foreign Affairs did not respond to a request for comment. Thailand is not a signatory to the UN Refugee Convention, and has a dubious record when it comes to protecting the rights of asylum seekers. Last year, dozens of Uyghurs, some of whom had been in the country for a decade, were forcibly returned to China, despite warnings from human-rights groups and the United Nations that they faced risk of torture and ill treatment. Around the same time Ms. Zhang was initially prevented from flying to Canada, the Thai authorities also detained an- other Chinese national, journalist Bai Zhaodong. China’s Ministry of Foreign Affairs told Reuters it had requested Mr. Bai’s extradition, accusing him of extortion and bribery. Reporters Without Borders warned that, if returned, Mr. Baiwouldface“notonlypersecutionbutalsograveriskstohis personal safety,” and urged Bangkok to reject the request, which came while Thai Prime Minister Anutin Charnvirakul was on a state visit to China. U.S. lawmaker Jeanne Shaheen, ranking member of the SenateForeignRelationsCommittee,saidinJulythepossibil- ity Mr. Bai or Ms. Zhang could be forcibly returned to China was “deeply concerning.” “Thailand needs to uphold obligations against refoule- ment and ensure their immediate safety,” she said. Phil Robertson, Bangkok-based director of Asia Human Rights and Labour Advocates, said China was “hell-bent on transnational repression and chasing dissidents wherever they are in the world.” Ms.Shengsaidthatinthiscase,effortsbytheChineseCom- munist Party had failed. She described Ms. Zhang’s arrival in Vancouver as a “major defeat for the CCP’s long-arm jurisdic- tion, diplomatic coercion, and transnational repression in Southeast Asia and beyond.”

Thailand is not a signatory to the UN Refugee Convention, and has a dubious record when it comes to protecting the rights of asylum seekers.

solve them, formally rescinding the fund, clarifying the scope of the release of claims has put this issue to bed once and for all,” Mr. Grassley said. Mr. Trump’s lawsuit has been sharply criticized because of the highly unusual way it was han- dled, with the President challeng- ing an agency overseen by the ex- ecutive branch he leads. A judge last month slammed the case as an improper exercise in self-deal- ing and referred one of Mr. Trump’s attorneys who filed it for potential disciplinary action. Mr. Blanche, a former federal prosecutor and key member of Mr. Trump’s defence team as the Republican battled four indict- ments, arrived at the Justice De- partment last year as deputy at- torney-general. He was elevated to acting attorney-general after Ms. Bondi’s failure to meet Mr. Trump’s demands to successfully prosecute his perceived political opponents. While Mr. Blanche insisted he wasn’t auditioning for the perma- nent post, he moved swiftly to ac- celerate investigations into Trump foes and advance other White House priorities, drawing condemnation from critics who say he has not shed his title as Mr. Trump’s personal lawyer. Shortly after Mr. Blanche took the top post, the Justice Depart- ment moved to indict long-time Trump adversary James Comey, the former FBI director, on charg- es of threatening the 47th Presi- dent by posting a social media photographofseashellsinthenu- merical arrangement of “86 47.” Mr. Comey’s lawyers have ac- cused the Justice Department of misleading judges, submitting documentscontainingfalsestate- ments and withholding key facts to bring what the defence de- scribed as a politically motivated prosecution. Mr. Blanche separately ap- pointed Joseph diGenova, a for- mer Justice Department prosecu- tor from the Reagan administra- tion, to oversee a Florida-based investigation into whether for- mer law enforcement and intelli- gence officials conspired over the past decade to undermine Mr. Trump.

ASSOCIATED PRESS

Page 8

FOLIO

Scam call centres, once restricted to lawless areas of Myanmar and Cambodia, are spreading across Asia, including the Philippines, as they prove lucrative.

How scam call centres spread from

Southeast Asia to become a global crisis

In the past two years, call centre compounds in Myanmar, Cambodia and the Philippines have been raided and shut down

K

JAMES GRIFFITHS ASIA CORRESPONDENT HONG KONG

.K. Park, on the border of Myanmar and Thailand, was once a huge compound of offices and dormitories, one of the world’s most notorious hubs for online scamming and a model for many similar operations. The scale of such operations is shocking and has helped the criminal gangs running them rake in billions, often relying on trafficked workers held in slave-like conditions. But it has also caught the attention of anti-scam campaigners, human-rights groups and the au- thorities. In the past two years, major scam call centre compounds in Myanmar, Cambodia and the Phi- lippines have been raided and shut down, part of a concerted effort by regional governments and in- ternational law enforcement. But rather than cease operations, the organized crime groups behind them have diversified, relying instead on networks of small call centres − boost- ed by artificial intelligence tools and easily laun- dered cryptocurrency − that are harder to detect and more profitable than ever. In May, police in Sri Lanka arrested 37 people suspected of operating a scam call centre in the nondescript Colombo suburb of Talangama. They seized 147 mobile phones and dozens of SIM cards. Earlier this year, the United Nations Office on Drugs and Crime (UNODC) warned that “large- scale scam centres” are “increasingly detected in all areas of the world.” “These operations are frequently based in re- gions or areas affected by armed conflict, rule of law challenges, and illicit economies – conditions that offer greater protection from detection and interdiction,” the UNODC said. This includes war- torn Ukraine, Mexican states dominated by drug cartels and corruption-riven African economies. Kristina Amerhauser, head of the Mekong Ob- servatory at the Global Initiative Against Transna- tional Organized Crime, said “we’ve seen not only

Countries with scam call centres

Large-scale scam compounds Scam call centres

THE GLOBE AND MAIL, SOURCE: UNITED NATIONS OFFICE ON DRUGS AND CRIME; INTERPOL; U.S. CONGRESS; GLOBAL INITIATIVE AGAINST TRANSNATIONAL ORGANIZED CRIME; LOWY INSTITUTE

Human trafficking victims by country of origin

As observed by: January, 2023 May, 2023 March, 2025

an expansion of the operations of these Southeast Asian criminal groups to more places and beyond the region, but also scam centres that are being operated across the world by a wide range of crimi- nal groups.” “Many of these scam centres look very similar, use similar tactics, rely on the same technology and seem to be very networked,” she added. As governments try to sound the warning about online scams, they also inadvertently advertise how lucrative a business it is − and criminal groups around the world are cottoning on. Canadians lost $704-million to fraudsters last year, mostly to investment, romance and job scams. The impact in other countries is even high- er: In 2024, the U.S. government estimates, Amer- icans lost US$10-billion to scammers based in Southeast Asia, while victims in Asia may have lost upwards of US$30-billion, according to the UN- ODC. In October, the U.S. seized approximately US$15- billion in cryptocurrency linked to an alleged scam network run by Chen Zhi, a Chinese-Cambodian billionaire who in January was extradited to China, where he faces potential execution. China was one of the earliest targets for South- east Asian scam centres, many of which are run by Chinese organized-crime groups, and Beijing has for years been targeting alleged kingpins such as Mr. Chen. This has done little to stem the tide of online scamming, however, which can be pulled off by anyone with patience and the right predatory in- stinct. Victims are hooked with the promise of ro- mance or investment, then convinced to part with their money, usually in the form of stablecoins − cryptocurrencies pegged to real currencies that are primarily used for scamming or money laundering. For scamming to be a moneymaker on the level of illicit drugs, organized crime groups operate at scale, running call centres and compounds, many of which rely on forced or trafficked labour. The

Page 9

United Nations estimates that more than 300,000 people have been trafficked into Southeast Asian scam compounds. The largest such operations can be found in law- less areas of Myanmar, Cambodia and Laos, where corruption and civil war have often allowed crimi- nal gangs to operate with impunity. But increased international attention and pres- sure on local governments and armed groups has had an effect, stymying expansion and even seeing some notorious hubs, such as K.K. Park, demol- ished. Ms. Amerhauser said there has been a shift away from large compounds to teams that might be run- ning at a similar scale but in networks of small cells, rather than a single, centralized location. “They’re easier to hide, and just because one operation might look small compared to what we’re used to, doesn’t mean the criminal network or group behind it isn’t running multiple simulta- neously,” she said. “It’s more and more difficult even to estimate the size of the industry.” In 2024, the BBC exposed a scam hub targeting Chinese victims that had raked in millions of dol- lars. It was operating out of a seaside hotel in Dou- glas, the capital of the Isle of Man, a British Crown Dependency. “The reach of online scam centres spans the globe and represents a dynamic and persistent global challenge,” said Cyril Gout, the acting exec- utive director of police services at Interpol. While sanctions and arrests disrupt specific op- erations, the wider scamming ecosystem has proved resilient in the face of concerted interna- tional law enforcement efforts. Artificial intelli- gence tools that allow scammers to create a fake personality or easily spin up legitimate-looking websites and résumés are only compounding the problem. Victims’ advocates have been calling for greater education and for banks to share or accept full liability for monies lost to fraudsters.

Page 10

T

EDITORIAL

ures.

Thoughts

and prayers, Canadian style

“Thoughts and prayers.”

here is a moment when tragedy starts to turn to dark

farce in a mass shooting in the United States, that

moment when a politician utters the phrase

Saying that phrase evokes ersatz empathy, but obviates

the need to ask any difficult questions. Questions such as,

the need to ask any difficult questions. Questions such as,

why did this this shooting happen? What could have been

done to prevent it? And what action can government take to

help to head off the next attack?

“Thoughts and prayers” is all that needs to be said, or

done. There are Canadian equivalents, sadly, used for each

fresh act of violence against Canada’s Jewish community.

This is not who we are, political leaders intone. Such acts are

unacceptable, they say.

Saying those phrases evokes empathy, but also obviates

why did this antisemitic attack happen? What could have

been done to prevent it? And what action can government

take to help to head off the next attack?

Those unanswered questions have grown increasingly ur-

gent. From 2014 to 2022, police-reported antisemitic hate

crimes rose by 147 per cent, nearly double the increase for

religious-motivated hate crimes as a whole, according to Sta-

tistics Canada. By 2020, antisemitic hate crimes reported to

police accounted for more than half of all such crimes with

religion as a motivation.

Then came Hamas’s terror attack on Israel on Oct. 7, 2023,

and then the Israel-Hamas war. Antisemitic hate crimes

soared even more, jumping 82 per cent in 2023. There was a

slight decline from those red-alarm levels in 2024 and 2025.

But so far, 2026 is seeing an unwelcome rebound: Antisemi-

tic hate crimes rose 20 per cent in the first quarter of 2026

compared with 2025, according to Statscan’s preliminary fig-

Synagogues targeted with arson and gunfire. An elderly

Jewish woman stabbed in an Ottawa grocery store. Jewish-

owned businesses attacked. That list is a recounting not just

of hate, but of official failure.

And that list continues to grow. Two locations of a Jewish-

owned restaurant chain in Toronto, Kiva’s Bagel Bakery, were

vandalized, one by gunfire, on July 24. Toronto police are in-

vestigating those incidents as hate crimes.

Over the weekend, a kosher restaurant in Montreal, Nöam,

was gutted by fire. No motivation has been established for

that incident, being investigated as an arson. But it would be

anything but surprising for that crime to be added to the tally

of antisemitic hate.

So how to turn back this growing tide of hatred? As we

have argued before, that effort has to begin with understand-

ing, and speaking, the truth: Antizionism is fuelling the rise

in antisemitism. The rejection of Israel, of its very right to

exist, has become the growth medium for the contagion of

antisemitism. The test of courage for any political leader is

whether they are willing to speak this truth. Prime Minister

Mark Carney failed that test in June, even as he tried to pro-

vide comfort to the Jewish-Canadian community.

Toronto Mayor Olivia Chow has failed even more spectac-

ularly. In fairness, Ms. Chow has spoken out against anti-

Israel protests being staged in the heart of the Jewish-

Canadian neighbourhood near Bathurst and Sheppard in

north Toronto. And, of course, she has offered her thoughts

and prayers, Canadian style, in condemnation of incidents

such as the attack on Kiva’s.

But Ms. Chow has, through her actions, shown where her

sympathieslie.Themayorrefusedtoattendaflag-raisingcer-

emony for Israel’s national day in May, 2024, saying such an

event was “divisive.” She also declined to take part in the

annual Walk for Israel in June of this year.

Yet, the mayor had no problem with blurting out “Free Pal-

estine” – the rallying slogan of those antizionist rallies – dur-

ing the Pride Parade in late June.

The mayor’s office did not respond when asked last week

why the flag-raising event was divisive, but reciting the Free

Palestine slogan is not a problem. Ms. Chow owes Toronto-

nians, particularly Jewish Torontonians, an explanation.

Does she, for instance, support the right of Israel to exist?

Or is she in line with the hate-infused catechism (recited

most weeks near Bathurst and Sheppard) that deems Israel a

LETTERS TO THE EDITOR

WORD FOR WORD

Re “The waning weight of the word of the U.S. president” (Edi- torial, Aug. 3): Is the U.S. Presi- dent’s word his bond? In light of a US$40-trillion debt, generations of fiscal irre- sponsibility and a Federal Re- serve presided over by a Trump appointee, it is worth asking whether America’s bond is its bond.

Ron Beram Gabriola, B.C.

WORK IT OUT

Re “WestJet labour dispute is real- ly a proxy battle between Carney and unions” (Report on Business, Aug. 3): A year ago, many passen- gers were equally inconve- nienced by an Air Canada strike. No one needed a crystal ball to predict how flight attendants with other airlines would react, except perhaps WestJet’s CEO. Isn’t that complete incompe- tence on his part and blatant dis- regard for his customers?

Jocelyn Stoate Ottawa

When union members go on strike at a private company, there is impetus on both sides to reach an agreement. This is set against the presence of competition, as other companies often sell simi- lar products or services. Strikes by government or es- sential workers, on the other hand, present a different situa- tion. Government and essential services have little or no competi- tion. When on strike, these servic- es are withheld for everyone. These employers are often forced to accept the demands that la- bour puts forth. There should be a different set of laws that recognize these dis- parities between private and pub- lic strikes in order to provide a more even playing field for la- bour relations.

Gordon Forbes Peterborough, Ont.

BURNING ISSUES

Re “While Europe burns, Cana- da’s water bombers are too few and far between” (July 31): We are apparently the only country that manufactures specialized water bombers and there is a years-long backlog. If ever there was a heri- tage industry that our govern- ments should be supporting in growth, this is it. Imagine if we sent a dozen wa- ter bombers (covered in the ma- ple leaf, of course) each to Spain and France, and maybe to Califor- nia. Our aerospace industry would grow with Canadian jobs, expertise and raw materials, and we would have the international relations score of the century.

ing to ensure continued and even expanded production of Cana- dair water bombers. The sad truth, unfortunately, is that these devastating wildfires are un- doubtedly the consequence of ongoing global warming. Even if we had acted in a timely manner to deploy large number of water bombers in France and other jurisdictions, including Canada, it would not solve the problem. At best, they can miti- gate the damage caused by these seasonal infernos, but have no impact whatsoever on the under- lying causes of these environ- mental disasters.

Scott Burbidge Port Williams, N.S.

MESSAGE RECEIVED

Re “This message is brought to you by: partisanship” (Editorial, Aug. 4): Ridiculous amounts of taxpayer dollars being spent by various levels of government, all to tell us what a wonderful job they are doing in developing our economy and protecting us (whatever that means). These advertisements have proliferated to the extent that they are annoying, not informa- tive and have me reaching to change the channel or for the mute button every time one pops up. I guess when there is little em- pirical evidence of economic, so- cial and cultural progress, gov- ernments have to do something to create the illusion that it is hap- pening. Surely more could be done with this money to create value for Canadians.

Neville Taylor Toronto

Thank you for shining a spotlight on and calling out Progressive Conservative advertising in Onta- rio for what it is: off-season elec- tioneering. Expensive spending on full- colour, often full-page ads tout- ing “how wonderful we are” should be deemed a waste of tax- payer money. These funds would be better spent on addressing health care and education in the province, rather than self-con- gratulatory piffle.

Richard Mili Toronto

EYE-OPENER

Re “Hate absolutely has its place in Canada. It has been normal- ized, ignored and excused” (July 29): As a lifelong resident of Mon- treal, I am no stranger to heinous acts of antisemitism that seem- ingly occur with growing fre- quency. However, as the daughter of Holocaust survivors, I have not felt unsafe in my city and country and still don’t to a large extent. But reading this did engender anxiety, as every reported inci- dent of antisemitism does. I live in a neighbourhood with many Hasidic families and sever-

al synagogues. Lately, I’ve been more alert to a possible incident occurring near me. Assaults on some of my neighbours have re- cently occurred. This reads as a crucial warning ofwhatmayhappenifourpolitic- ians and the general populace continue to believe that attacks on fellow Canadians in the Jewish community are just a passing phase. All Canadians should be wor- ried about the so-called normal- ization of hate, and do everything in their power to stop it in its per- ilous tracks.

Goldie Olszynko Montreal

OLD IS NEW

Re “Canada’s diplomats have been dispatched on a new mis- sion” (Aug. 3): After promoting Canadian trade and investment and troubleshooting for Cana- dian companies for more than 13 years as ambassador to Jordan, Indonesia, Turkey and the Philip- pines, I’m now informed that those weren’t Canadian priori- ties. My colleagues who negotiated free-trade agreements with the United States, Europe, Chile, South Korea and other partners will be equally perplexed. What were we thinking? Promoting and defending Can- adian economic interests has al- ways been a foreign affairs prior- ity. It may surprise some readers, but Canadian diplomats can ac- tually pursue more than one pri- ority at a time. Whether it’s defending Cana- dian values, branding Canada as a place to study, work or live, or helping Canadians who find themselves in distress overseas, this is what we did and, I’m confi- dent, will continue to do.

John Holmes Ottawa

Beginning more than 50 years ago, Canada had a pronounced presence in the world with its Un- derstanding Canada initiative and the International Council for Canadian Studies. These pro- grams lasted until 2012 when they were terminated by the federal government, despite yielding strong economic and diplomatic returns by building foreign rela- tionships and research ties. Additionally, foreign interest sparked by events such as the 1982 Constitution were backed by federal grants for international scholars. Programs expanded in- to Europe and Asia, including new centres in Central Europe and India. Now the government is trying once again to restore Canada to international recognition on the global stage. Why couldn’t it just stay with the original program which would have institutional- ized our message to the world, in- stead of reverting to crisis man- agement?

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OPINION

OPINION

Don’t give provinces more health money

Give them more room to raise it themselves, and put a stop to the intergovernmental blame game

he premiers, as is their wont, were free with advice for the federal government at their most recent summer whingefest, notably with regard to health care transfers. You will not be surprised to learn they want them increased, though you may be surprised by how much. In a nutshell, the premiers want them doubled, or perhaps quadrupled. Currently the federal government provides the prov- inces with about $55-billion an- nually through the Canada Health Transfer, or roughly 21 per cent of total provincial health

B.C.’s new medical school won’t magically solve the doctor shortage

he University of British Co- lumbia School of Medicine opened in 1950, with a co- hort of 60 students. (It now has 328 first-year students.) B.C.’s population then was 1.1 million. Today, B.C. is home to 5.7 million people, and the province finally has a second medical school. The Simon Fraser Univer- sity Stephens Family School of Medicine has just opened its doors, with an inaugural cohort of 48 students. The new school has a number of notable characteristics. First and foremost, the curriculum will focus on family medicine and primary care. It will also place the emphasis on hands-on training over classroom teaching. Medical students usually spend up to 70 per cent of their time in class, and 30 per cent in clinics and hospi- tals. SFU is planning to flip that ratio to 70 per cent hands-on, and 30 per cent classroom learning. Much of the teaching will hap- pen in the community, including in rural and remote areas, and In- digenous communities. This is designed not only to expose stu- dents to various practice settings, but to entice them to work there. (Physician shortages are far more acute in remote and rural areas, and research shows physicians are far more likely to settle where they do their training.) This “distributed, community- engaged learning model” is simi- lar to the innovative approach taken by the Northern Ontario School of Medicine when it opened in 2005. The MD program at Simon

Beijing’s attacks are only stiffening activists’ resolve

MARGARET MCCUAIG-JOHNSTON

Member of the Advisory Boards of the Uyghur Rights Advocacy Project and the China Strategic Risks Institute, a global think-tank

ow does a critic of China know when they’re being effective? Answer: When the Chinese state organizes on- line campaigns against you to try to destroy your credibility. In March, I appeared as a wit- ness at the House of Commons Standing Committee on Industry and Technology to testify about Chinese electric vehicles. I spoke about the risk that its industry uses aluminum processed by forced labour of the Uyghur peo- ple, as documented by Human Rights Watch. At the committee, Liberal MP Michael Ma asked aggressive questions that appeared aimed at undermining my expertise. He later apologized on X. But Chinese state media such as Tianshan Net, the sole state news network in Xinjiang, por-

spending ($261-billion, as of 2025- 26). Now the premiers – some of them, anyway – are demanding Ottawa raise its share to 50 per cent. “I think aspirationally, the ask is always to get back to 50/50,” Manitoba Premier Wab Kinew told reporters. Even assuming that increase were wholly offset by reductions in provincial spending, federal health transfers would have to rise to $130-billion to reach 50 per cent of the total – more than twice as much. If provinces main- tained their own spending at cur- rent levels, federal transfers would have to rise to $206-billion – a near four-fold increase. It is not going to happen, in other words. Nor should it. When premiers talk about “getting back to 50/50,” they mean a return to the federal-provincial cost shar- ing arrangement that prevailed in the 1970s. Federal cash transfers, it is true, declined after that, as a proportion of the total. But what the premiers never mention is that the federal gov- ernment compensated the prov- inces with transfers of tax points.

An estimated 5.9 million adults in Canada lack regular access to a primary-care provider, according to findings from the OurCare National Survey published in December, 2025. SAMMY KOGAN/THE GLOBE AND MAIL

Fraser will last three years, while most Canadian medical schools offer four-year degrees. The core curriculum is the same, but three-year students have much shorter summer holidays and fewer opportunities for electives. The new medical school is lo- cated in multicultural, suburban Surrey, another deliberate choice. SFU says it is “committed to train- ing future physicians in the com- munity, for the community, and with the community.” Finally, the Stephens Family School of Medicine is one of the few medical schools that is “named,” showing the growing

trayed Mr. Ma as a hero for taking on a critic of China, and me as a zero. From March to May, each of these posts generated thousands of comments from everyday Chi- nese people. Similar messaging appeared on the Chinese plat- forms WeChat and Weibo, and then in Canada, through WeChat. Many comments mimicked the state’s messaging. But many others agreed I was right, saying that there is forced labour across China, with some referring to their own experiences. “How can I testify on behalf of this righ- teous woman?” one said. Others reached out through e-mail to thank me for speaking up about forced labour and offer evidence, which I’ve passed on to the non- profit China Labor Watch. Just when I thought these events had played out, I was con- tacted by the Office of the Nation- al Counter Foreign Interference Coordinator about another cam- paign against me. It was identi- fied by the Rapid Response Mech- anism, a team at Global Affairs Canada established to monitor Canadian elections for foreign in- terference, whose purview has expanded to identify attempts at

In 1977, Ottawa cut its own per- sonal and corporate income tax rates, allowing the provinces to take up the resulting tax room. Those tax points would be worth about $28-billion today, bringing the federal share up to about 32 per cent. In addition, the feds signed a series of bilateral agreements with the provinces in 2017 and 2023, for primary care, home care, mental health and other federal priorities, worth another $5-bil- lion annually. So we’re up to 34 per cent. Plus, the federal government provides another $44-billion a year to the provinces in other transfers, mostly equalization and the Canada Social Transfer. The money doesn’t come with lit- tle labels attached: The provinces can spend it on anything they like.Whenallfederaltransfersare included, not just transfers “for health,” the feds are arguably al- ready covering about 51 per cent of provincial health spending. But leave all that aside. Even accepting their arithmetic, what the premiers are proposing is a terrible idea. Shared-cost financ-

role of philanthropy in funding higher education. Ratana and Ar- ran Stephens, founders of the or- ganic food giant Nature’s Path, gifted $40-million to the school that bears their name. Canada now has 19 medical schools, and more are on the way. Toronto Metropolitan Univer- sity last year opened a campus in Brampton, Ont., with a large co- hort of 94 students. York University, the University of PEI and the Université de Qué- bec network all have plans to open medical schools. Existing medical schools are also expand- ing their programs outside of

transnational repression more broadly across Canadian society. According to the Hogue Commis- sion, China targets diaspora com- munities and is “the most active perpetrator of foreign interfe- rence targeting Canada’s demo- cratic institutions.” Officials offered me a briefing about this campaign, one of a dozen such briefings they’ve or- ganized for Canadians targeted by China. I’m very grateful for the work of these officials with Public Safety Canada, GAC, CSIS and the RCMP. Chinese state proxies based in mainland China and Hong Kong, such as Guancha News, tried to undermine my credibility through an English campaign extending across Tik- Tok, YouTube, X, Instagram and Facebook, casting me as unin- formed, useless and worse. Some posts were deleted when Cana- dian officials informed the plat- forms. People who have read any- thing I’ve written since Michael Kovrig and Michael Spavor were kidnapped know that my analy- sis is well researched and sound. Others can look into the issue of forced labour in China them-

ing of health care is the problem, not the solution. The resulting overlap makes it impossible to know who to hold to account for the system’s fail- ings, encouraging politicians at each level to blame the other rather than take the tough deci- sions necessary to restore it to good repair. The provinces have made enough of a mess spending 79 cent dollars. What they would do with 50-cent dollars God only knows. And yet, well, difficult as this is to say … the premiers have a point. Not the point they’re mak- ing, but a point. Health care costs are eating them alive. Including federal cash transfers, health spending consumes about 39 per cent of provincial revenues. Ex- clude those transfers, and the proportion rises to 49 per cent. And it’s only going to get worse. The proportion of the pop- ulation over the age of 65 is now at 19.5 per cent (it was less than half that 50 years ago). The latest Statistics Canada projections show that figure rising to 27 per cent in 2075. That’s the medium- growth scenario. In some scena-

their big-city campuses. For ex- ample, Queen’s has a family medicine program in Ontario’s Durham region and the Universi- ty of Northern British Columbia in Prince George operates a Northern Medical Program in conjunction with UBC. This flurry of educational ac- tivity is all in response to Cana- da’s rather dire lack of access to primary care. An estimated 5.9 million adults in Canada lack regular ac- cess to a primary-care provider, such as a family doctor or nurse practitioner, according to find- ings from the OurCare National

selves. Much evidence exists on- line of more than a million Uygh- urs in forced labour as well as first-hand accounts available. By posting on Chinese social media, the campaigns backfired, as they amplified my comments, and the response of thousands of commenters across China further confirmed that forced labour ex- ists there. In targeting me by name, they might have added that I had been a friend of China for 40 years, helped develop their research re- gime, and had been vice presi- dent of the Canada-China Friend- ship Society in Ottawa. But China has changed dramatically under Xi Jinping, and those of us with strong values refuse to be si- lenced by disinformation cam- paigns. We can expect more of these attempts at silencing. China’s new Ethnic Unity Law was signed into law in March; that policy contributes to the reported “re- education” and “integration” of children as young as three to de- stroy Uyghur, Tibetan and South- ern Mongolian cultures and lan- guages. Article 63 is a provision declaring that those outside Chi-

rios it rises to nearly one-third. We’ve never seen a society like this before. The cost implications alone are staggering. (As a rule of thumb, per capita consumption of health care resources doubles for every decade lived past 55.) There’s no easy way out. Raise immigration? Absolutely. En- courage people to work later in life? For sure. Boost economic growth? Critical. Reform health care, bringing competition and cost discipline to a hidebound monopoly? Without a doubt. But even if we do all of these things and more, the provinces are go- ing to be in trouble. So yes, God help me, give the provinces more money. Only don’t give them cash. Give them tax points. Finish the work begun in 1977. Get the federal govern- ment out of it altogether. The provinces (sigh) may need more money, but more than that, they need to be accountable. That means raising the money from their own taxpayers, and answer- ingtothem,notgoinghatinhand to Uncle Ottawa every few years. To save health care, stopping the blame game is job one.

Survey published in December, 2025. No matter how many new doc- tors medical schools crank out, it’s not going to quickly resolve this issue. Between med school, residency and specialty training, it can take six to 12 years to train a full-fledged medical practitioner. Canada has one of the lowest number of physicians per capita among wealthy countries – about 2.8 doctors per 1,000 population – compared to the OECD average of 3.9. We have fewer doctors per cap- ita than Britain and Austria, but more than the U.S. and Japan. That should serve a caution that you can’t look at these num- bers in isolation. Doctors are just one part of the health care puz- zle. What matters too is how they practise, and where they practise. In Canada, the bureaucratic burden on doctors is onerous. They spend a lot of time pushing paper around that could be bet- ter spent on clinical care. Family physicians in particular tend to operate as small business- es, and depend on fee-for-service payments. The future of medi- cine is more interdisciplinary care and more flexible pay mod- els – and we’re not keeping up. Canada is also highly depend- ent on recruiting physicians from other countries. About one-third of family doctors and one-quar- ter of specialists were trained out- side Canada. Yet, we still create a lot of barriers to the licensing of international medical graduates. All this to say that, while the expansion of medical education in Canada is welcome, profound structural changes are needed if these new doctors aren’t going to just be tossed into the meat grinder.

na deemed to have undermined “ethnic unity and progress” will be “pursued for legal responsib- ility.” It’s not clear how Beijing would enforce this abroad. Perhaps the Chinese govern- ment thought Canadians would meekly stand down when it sanc- tioned 20 of us by name in De- cember, 2024, for speaking out about Uyghur and Tibetan re- pression. Sanctions mean we can’t visit China, but I would not visit a country that has kid- napped innocent Canadians and conducted what Canada’s Parlia- ment has called a Uyghur geno- cide. Sanctions also mean that I’m no longer able to collaborate with my friends in China; I have cut ties for their protection. They will have seen the online posts about me, but they know that I’m describing an injustice about which they must be silent, or risk detention. So no: Chinese state-backed campaigns won’t silence us. They only demonstrate that we’re hav- ing an impact – and that’s great motivation to speak out even louder.

Page 12

A12 O THE GLOBE AND MAIL WEDNESDAY, AUGUST 5, 2026 LIFE & ARTS TRAVEL TRAVEL: OPINION TRAVEL: PUZZLES WEATHER

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I made new friends on an all-female hike

Group trips can offer a supportive environment for women to get out of their comfort zone

JILL K. ROBINSON

’m not Canadian, but I spent Canada Day immersed in the beauty of the Canadian Rock- ies. It seemed appropriate. Cool mist tickled my face as I planted myself near the base of Takakkaw Falls in B.C.’s Yoho National Park. The brilliant, milky turquoise col- our of glacial water always seems to catch my breath, no matter where in the world I see it. From the silence of the women with me, I could tell I wasn’t the only one held spellbound. We were halfway through a six- day, female-only hiking trip. To- day’s trek took us along a series of switchbacks through lush, moss- draped forests of spruce, fir and cedar, as we hiked to Emerald Lake. Some in our group of 16 (13 guests and three guides) charged ahead while others took their time, stopping occasionally to identify plants or take photos. Conversation sprouted like wild- flowers. We talked about careers, life changes, hopes and book rec- ommendations. Only a few of us knew each other on the first day, yet it felt as if we’d all planned to travel together. Going on an ad- venture with women always seems to be a comforting experi- ence, where we laugh louder and conversations go deep. Women are the biggest con- sumers of travel, and according to Skift Research’s 2024 report, 82 per cent of all travel decisions are made by women. A growing de- mand has resulted in many out- fitters offering excursions where the only participants are women, and the Adventure Travel Trade Association said in its 2026 trends and insights report that female- focused itineraries have consis- tently ranked as a top interest with outfitters. Even when travelling solo, many women seek connection. Group trips that offer the free- dom for camaraderie and female bonding in a supportive and em- powering environment help many push their boundaries and explore more. My trip with U.S.-based Back- roads, an adventure travel com- pany from my own country, took us to the soaring peaks and aqua- marine lakes of Banff, Kootenay and Yoho national park. Despite staying in three different hotels during the six days, each morning followed a similar beginning. After breakfast, we’d gather our packs and meet our guides in the hotel parking lot to make bag lunches and trail snacks from a table rich with healthy food items and chocolate. My favourites were the fresh B.C. cherries I’d practicallyinhaleatlunchtime,as a reward for the distance already covered. Every day began with trail talks, in which our guides out- lined the route with a bit of histo- ry and geology background. Each trail was offered with options: a

BACKROADS

Ted Lasso’s fourth season sets back women’s sports a decade

here’s a short ad for Ted Lasso’s new season, which starts on Apple TV Aug. 5, that’s being shown every com- mercial break as I suffer through Blue Jays losses on Sportsnet+ these days. It bugs me to no end. The ad begins with that older British male AFC Richmond fan who was always heckling Lasso approaching the sunny American coach on his return to London. “Welcome back, coach,” he says. “Too bad you’re coaching a bunch of girls.” Lasso, played by Jason Sudei- kis, shrugs this sexist comment off with a smile – and then the ad turns into a soulfully sound- tracked montage. We see the un- reasonably chipper coach and all of the soccer-themed transatlan- tic comedy’s other main charac-

The all-female hiking group makes its way through their six-day journey through the Canadian Rocky Mountains from Banff to Yoho National Park.

Group trips can offer the freedom for camaraderie and female bonding in a supportive and empowering environment.

Each turn of this hike offered breathtaking views, from vast glaciers to blue lakes. LISA WALKER

longer, more challenging path for speedy hikers or a shorter, more direct path for those focused on a slow and steady pace. Our guides would lead us through some stretches to warm up, then we piled into two vans and drove to the trailhead. The hiking trails climbed through subalpine forests and al-

pine meadows, some with friend- ly marmots posing adorably for the possibility of treats – which we withheld. Nearly every turn had a wealth of views of vast gla- ciers, dramatic waterfalls, sheer limestone cliffs and lakes that looked like liquid sky. While each day had a timeta- ble, nothing was rushed. One day,

I hiked with a mother and her daughter, who recently gradu- ated from high school. Another day, I walked along with a pair of sisters-in-law. There was always someone willing to match a pace, whether it was fast or slow. Tak- ingtimeinnatureandsharingthe adventurewithagroupofwomen of various ages formed new friendships and I noticed how it strengthened existing bonds be- tween family and friends. I felt supported on days when I took countless breaks to watch thechanginglightandshadowon a lake, or merely to catch my breath. Lunchtimes might mean taking chilly polar-bear plunges before packing up and heading onward. Accomplishment has many definitions, and while complet- ing the hike is an obvious exam- ple, it was only a facet of the expe- dition. The last day of an adventure al- ways seems to arrive too soon. Af- ter an easy walk along the shore of Lake Louise, we climbed through forest and wildflower meadows, across a rock ledge and arrived at the Plain of Six Glaciers Teahouse. From the balcony of the two- storey log cabin strung with col- ourful prayer flags, we enjoyed views of Mount Victoria and the Victoria Glacier as we settled in for a lunch of soup, sandwiches on homemade bread, chili and chocolate cake. Relaxing over lunch with the women whose company I en- joyed through six days of hiking, I felt more than just a sense of ac- complishment. Many of us ended upmakingnewfriendsonthisad- venture.

WOMEN’S ADVENTURE TRIPS

Looking to try something new in the company of other female ad- venturers? Consider the follow- ing outfitters:

WILD WOMEN EXPEDITIONS

This Canadian-owned and oper- ated tour company has been run-

es baseball with me. My son doesn’t really get what’s going on; he’s only ever heard men on Sportsnet speak highly of our local pro women’s sports teams – AFC Toronto, the Toronto Sceptres and, now, the Toronto Tempo. I can see the Ted Lasso ad ac- tively reframing his seven-year- old perception. I will say this for the ad, how- ever, having now seen the first four episodes of the new season: It is a perfect encapsulation of Ted Lasso after a three-year ab- sence. Instead of channelling the ex- citing energy that’s in pro wom- en’s sports right now and finding a ripping story to tell about them, the “Lady Greyhounds” – as the new women’s team is nicknamed – are simply a pretext for getting the old gang that worked with the Richmond’s men team back together. The show’s writers seem so petrified of giving any of the orig- inal characters flaws or challeng-

ning small group trips for women for 30 years. This fall, there’s horseback riding in Portugal’s Azores region, a Bhutan hiking adventure and escapes to Bali planned. wildwomenexpedition- s.com

ADVENTUREWOMEN

AdventureWomen is a U.S.-based female-owned tour company that’s been crafting adventures for women for more than 40 years. Try the company’s trip to Italy this October. Italy: A Savor, Wander, Nourish Piedmont Im- mersion explores the region’s UNESCO-protected vineyards and the birthplace of the Slow Food movement. adventurewomen.com

Backroads is an active travel com- pany whose women’s adventures have grown 170 per cent since the category debuted in 2024. Cana- dian Rockies Autumn Women’s Hiking and Walking Tour show- cases this region in the quieter months of the year, when the sun still warms wooded trails and for- ests turn to vibrant hues of am- ber, gold and scarlet. backroad- s.com

EF GO AHEAD TOURS

Part of EF Education First, U.S.- based experiential travel compa- ny EF Go Ahead Tours launched its first collection of women-only trips in 2025. Thailand for Wom- en: Bangkok, Chiang Mai & Krabi crisscrosses Thailand, highlight- ing strong women of the region, including nuns from the coun- try’s first all-female priory. goa- headtours.com

INTREPID TRAVEL

Australia-based small-group spe- cialist Intrepid Travel began its women’s expeditions in 2018. Pe- ru: Women’s Expedition travels in the valleys and off-the-beaten- track villages of the country’s highlands to gain insights into the lives of Peruvian women. in- trepidtravel.com

NATURAL HABITAT ADVENTURES

Focused on nature and wildlife experiences, U.S.-based Natural Habitat Adventures started offer- ing women’s trips in 2023. Cana- da’s Premier Polar Bear Adven- ture: Women’s Journey travels with women researchers to visit the world’s greatest concentra- tion of polar bears. nathab.com

ROAD SCHOLAR

Non-profit Road Scholar puts education first, and the compa- ny’s women-only itineraries have grown measurably since their first in 2002. An Adventurous Ex- ploration of Costa Rica for Wom- en dives into the heart of the country’s ecosystems, from cloud forest to rain forest. roadscholar- .org

The author was a guest of Backroads, which did not review or approve this article. Stories are based on merit; The Globe does not guarantee coverage.

es to overcome that the season feels like a montage of characters we used to know and love being nice to one another. The new characters, mean- while, are stuck in an underdog sports story that is entirely pro forma. All that is conjured in the way of conflict are these minor male characters who pop up at regular intervals to talk about how bor- ing women’s sports are. They pop up on the street, in the pub, in the press room. Everyone else shrugs, smiles and then gets back to referencing bell hooks or putting up Post-it notes with Virginia Woolf quotes on the locker-room wall. It’s a shame because Ted Lasso, the character, getting involved in Richmond’s women’s soccer makes sense. He’s from Kansas City, Missou- ri – which is home to the only pri- vate stadium built specifically for professional women’s soccer in the world.

Page 14

T

A sideways trip to Pisa

FIRST PERSON

The iconic tower and

the chaos surrounding it couldn’t live up to high expectations, Cassandra Blain writes

here are certain things you’re supposed to do in Italy. Eat pasta. Drink espresso. Pretend you understand the difference between 15 kinds of cheese. And, of course, visit the leaning Tower of Pisa. I’d seen the pictures my entire life. The iconic tower leaning dramatically to one side while tourists pose in cre- ative ways. It all looked charming and effortless. On the day we arrived, we had timed tickets. No line. No waiting. Just a sim- ple plan: arrive, see the tower, move on. Instead, I spent most of my time there quietly calculating whether I might die. It was intensely hot. The sun beat down, the ground radiated the heat back up, and the air refused to move. It made me wonder how quickly the scorching situation could become a medical emergency. At one point, I had a completely practical thought: if I collapse here, what is the Italian version of 911? I could picture the headline: Cana- dian tourist dies trying to have the per- fect day in Pisa. It felt ridiculous, yet increasingly possible. We arrived prepared for almost ev- erything. We’d reserved restaurants weeks ahead. Bought skip-the-line tick- ets. Read reviews written by strangers. Built hour-by-hour itineraries. We’d prepared for rain, delays, and pick- pockets. Nothing had prepared me for this. Not just the heat, but the sheer num- ber of people. The piazza was filled with tour groups nudging their way through clusters of tourists, all waiting to pose. Cameras were raised. Instruc- tions were shouted. This centuries-old landmark felt more like a production set. No one behaves normally near the leaning Tower of Pisa. People carefully positioned themselves to hold it up or push it over, while someone shouted, “No, your other left!” Thousands had travelled from around the world to cre- ate essentially the same photograph, each one trying, for a brief moment, to control something that had never re-

TODAY’S SUDOKU SOLUTION

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AMSTERDAM ATHENS BANGKOK BEIJING BERLIN BRUSSELS COPENHAGEN FRANKFURT 30/25 33/20 44/31 26/15 31/21 35/23 32/27

21/14 34/27 30/27 38/28 27/15 24/13 22/15 28/15

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25/17 35/26 32/26 37/28 31/20 27/14 26/17 32/19

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HONGKONG JERUSALEM LASVEGAS LONDON LOSANGELES MADRID MIAMI 27/19 34/27 27/23 31/26 32/25 28/16 41/33

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quired their help. Meanwhile, the tower just stood there, leaning quietly, like it had been watching this exact performance for about 800 years, entirely indifferent to our efforts. As we made our way toward the en- trance, my anticipation gave way to ap- prehension. Buildings aren’t supposed to lean. This one looked like it had started falling and simply decided to commit to it. My children pulled eager- ly toward the staircase while I won- dered whether my legs, already unstea- dy from the heat, would carry me to the top of a building that wasn’t even standing straight. “I think this is going to go sideways,” I said to my husband. “Figuratively and literally.” He laughed. I wasn’t entirely joking. The staircase wound upward in a tight spiral, each marble step worn smooth by centuries of visitors. The stone wall was cool beneath my hand, a welcome contrast to the heat outside. When a tower leans, everything in- side it leans too. You know that before you climb the first step. Knowing it and experiencing it are entirely different things. My body kept trying to find lev- el ground that simply wasn’t there. Ev- ery few steps, I adjusted, only to feel myself leaning the other way once again. Dizzy and unwilling to admit it, I slowed my pace. But I kept climbing. Partly because the top was close. Most- ly because I had spent too long looking forward to this moment to turn back now. When I finally stepped out onto the

S S T T PC S PC S

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S SH S T S T R S T PC S

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HAMILTON HUNTSVILLE IQALUIT JASPER KELOWNA KINGSTON LONDON MONTRÉAL NIAGARAFALLS NORTHBAY

T S PC T S T T T T S

26/18 27/15 10/4 24/10 33/16 26/20 26/19 28/20 25/19 26/16

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28/19 23/16 8/3 28/11 35/18 25/20 26/18 29/21 27/20 22/15

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OTTAWA PRINCEGEORGE PETERBOROUGH QUÉBEC REGINA SASKATOON SAULTSTEMARIE SAINTJOHN SEPT-ÎLES STJOHN'S SUDBURY 22/12 23/13 27/20 26/17 27/15 26/13 30/14 24/11 26/15 15/11

27/18 24/11 26/17 28/19 27/13 25/12 28/18 27/18 22/15 18/13 27/16

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T T T S S S S PC SH PC

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ILLUSTRATION BY TIA TAN

top of the tower, the city unfolded be- neath us. Terracotta rooftops stretched toward the horizon. Church bells drift- ed faintly through the afternoon air. A breeze moved across the top of the tower. After the oppressive heat below, it felt extraordinary. Without thinking, I turned toward the cool air and closed my eyes. For the first time that afternoon, I thought I might actually be okay. May- be I’d managed to hold it together. Below me, the choreography contin- ued. Another voice called, “No, your other left.” Nothing about the scene had changed. Only the way I was looking at it. I’d brought expectations: the pho- tographs, the view from the top, the memories we’d carry home. I’d con- structed a version of the day in my mind. The only thing I hadn’t planned for was how it would actually feel to be there. The day I’d pictured had never in- cluded heat like this – or me wonder- ing whether I might need an ambu- lance, or clinging to an ancient stone wall while trying to convince myself I was fine. Yet those are the moments I remember – not because they went ac- cording to plan, but because they hadn’t. By the time we were on our way back down the stairs, I had abandoned the version of the day I’d previously envisaged. In the end, the photographs I’d imagined were never taken. The chil- dren had long since given up on pos- ing, more interested in finding shade and refilling their water bottles. I looked over at them. They weren’t thinking about the itinerary or wheth- er the day had lived up to expectations. They were simply living it. I’d been trying to create a perfect day to remember, but no one else was consumed by it. The children were already arguing about gelato before we reached the bottom step.

Cassandra Blain lives in Ottawa.

First Person is a daily personal piece submitted by readers. Have a story to tell? See our guidelines at tgam.ca/essayguide.

INUVIK 22/11/S

WHITEHORSE 25/10/PC

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STJOHN'S 18/12/SH EDMONTON 24/14/S

REGINA 24/11/SH

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Ted Lasso: New

season feels like it’s going through the motions

FROM A12

In the first episode of the new season, AFC Richmond owner Rebecca Welton (Han- nah Waddingham), head of marketing Keeley Jones (Juno Temple) and head of operations Leslie Higgins (Jeremy Swift) visit Kansas City on a fact-finding mission. They’re also there to lure Ted back to teach the women’s team the “Richmond Way.” After a few years absent from screens, it’s at first a treat to re-encounter these folks again. The performers can all be fun- ny in their own ways – with Swift a come- dic stand-out as the constantly astounded Higgins. Sudeikis’s Ted is, happily, no longer mired in anxiety – and is back to essential- ly being a sports-coach reincarnation of Ned Flanders, with a particular knack for an unusually upbeat phraseology and an uncommonly deep knowledge of old- school hip-hop. The whole reason Ted left England at the end of the third season – to be close to his young son – is easily solved in the first episodeandhe’sapleasuretohangaround with. But many of the others quickly wear out their welcome. The writing in the scenes between Rebecca and Keeley seems to be driven by the desire to show two women be- ing endlessly supportive of one another. It’s exhausting- ly girlboss o’clock 24 hours a day in their scenes. Meanwhile, Keeley and former soccer player Roy Kent (Brett Goldstein), now the men’s team’s manager, are back in a will-they, won’t- they situation that’s more contrived than ever. This is boring – and predictable. The main new character is Lady Grey- houndsinterimcoachAliceChilton(Tanya Reynolds) – who’s constantly described as unfriendly, which in the Ted Lasso universe means she just seems to not smile all the time. She hands in her resignation upon the appointment of Ted as head coach. You don’t need a spoiler to know where this plotline goes. Same thing with an early episode that sees the women’s team suddenly divided into “cliques” as attackers, midfielders and defenders. Do you think Ted will find a way for them to bond? Ted Lasso feels like it’s simply going through the motions. The fourth season seems more interested in putting the old characters back on screen than developing the new ones. In the first episodes, side characters such as sports psychologist Sha- ron Fieldstone and journalist Trent Crimm get more dialogue than most of the wom- en soccer players. The overt message of this season is “women’s sports rule!” but the subtext is: Too bad Ted is back coaching a bunch of girls and can’t rejoin the men’s team. None of this exactly pushes the series – and certainly professional women’s sports – forward.

The fourth season

seems more interested in putting the old characters back on screen than developing the new ones.

IQALUIT 7/4/R

HAPPYVALLEY-GOOSEBAY 24/14/PC

CHURCHILL 13/11/SH

WINNIPEG 26/14/T

OTTAWA 28/18/S MONTRÉAL 28/19/S

TORONTO 27/20/S

CHICAGO 27/20/T

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NEWORLEANS 33/26/T HOUSTON 35/27/S MIAMI 32/27/T

EXECUTIVES ERIN ADAMS V.P., HUMAN RESOURCES KATHY CUNNINGHAM CHIEF FINANCIAL OFFICER SUSAN KELLY V.P., INFORMATION TECHNOLOGY SEAN HUMPHREY V.P., MARKETING, PRODUCT AND DIGITAL EXPERIENCE SALLY PIRRI V.P., PRINT OPERATIONS JESSE LANGDON V.P., GENERAL COUNSEL/CORPORATE SECRETARY NAFID AHMED V.P., ENTERPRISE ANALYTICS, DATA SCIENCE AND CONSUMER INSIGHTS JONATHAN DENEAU V.P., REVENUE

HALIFAX 30/18/S

BOSTON 30/21/S

-30

-30

-20

-10 0 10 20 30 40

SANJUAN 33/27/SH

Page 15

WEDNESDAY, AUGUST 5, 2026

1.

1 Like a sage 5 Sparks joy in 11 Fashionable 14 Each 15 Beverly Cleary title character 16 “___ you sure?” 17 Secretary of labor, for example 19 Plumber’s vehicle, perhaps 20 Plains tribe 21 Syllable of disapproval 22 Left 23 T. ___ Price (investment firm) 25 “Crocodile Hunter” Steve 28 Letter after Oscar in the NATO alphabet 31 Some sleeveless garments 35 Muslim leader 36 Singer Rita 37 Fish out of water 38 Like the Olympic cauldron, during the opening ceremony 39 Public place with Wi-Fi 41 Virtue for a musician 42 4.2 years, on average, for American siblings 44 “South” in Spanish 45 Of sound mind 46 Cooking vessels also known as caquelons 48 Play thing? 49 Yarns 50 Distribute, as cards 52 Major League Baseball All-Star Game’s month 54 Prefix with “conscious” 56 Corn 60 Cable network with a patriotic name 61 Certain intersection ... and the second words in 17-, 31-, 39- and 46- Across, collectively?

BRIDGE BY STEVE BECKER

South dealer. Both sides vulnerable.

The bidding:

South West North East 1 [H] Pass 2 [D] Pass 2 [H] Pass 4 [H] Opening Lead –queen of clubs.

CRYPTIC CROSSWORD

    



 

 





ACROSS 1 Piece of cake, sandwiches etc eaten outside (6) 4 Drink carrier (6) 8 A little shrimp, and another animal (5) 9 Instrument taking intro from ballad equally quickly (7) 10 Struggle versus tiger periodically (3) 11 Don’t stop by grave (9) 12 People in North America, one in a hundred (6) 13 Co-star playing — similar people? (6) 16 Snare, net I wove with purpose (2,7) 18 Prediction of mine coming round (3) 19 Pull a trolley back in the midst of battle (7) 20 Red card for centre? (5) 22 Student abandoning first scheme for making money (6) 23 Wind chill turning female blue initially (6)

64 Morning coat 65 Zealous 66 Sharpen 67 OR VIPs 68 Have a leisurely look 69 Harness for oxen

DOWN

1 Home to Baylor University 2 Light-colored beers, for short 3 Noodles in a Japanese New Year’s Eve dish 4 Brief and clever saying 5 Before, poetically 6 Creativity in a cup 7 Sound boosters 8 Accepted what one had coming 9 Lowest Navy officer: Abbr. 10 Rode the bench 11 “Rest assured” 12 1979 revolution site 13 Cooped (up) 18 Prefix meaning “new” 22 Metaphoric marbles 24 ___ cushion (prank item) 26 Contrition 27 Legal order 28 Middle Eastern rice dish 29 Buddy, in Bolivia 30 Intellectual property concerns 32 Rodeo rope 33 Baby grand, e.g. 34 Throat ailment 39 Lug 40 Insulting remarks 43 Aussie greeting 45 Attention-grabbing 47 False start? 51 Poehler of “Parks and Recreation”



© News Licensing/Times Media Limited

DOWN 1 Drink, father (3) 2 Political party on trial in debate (7) 3 Unseemly occupying nick (13) 5 Flying say, the correct flyer (13) 6 Ultimately vast range in stock (5) 7 Those racing ahead — second team? (7-2) 9 Mind-numbing experience swine reported? (4) 10 Clear sign of victory, signal (9) 14 Indignation of king trapped during power cut (7) 15 County with some spoken traditions (4) 17 A tree for cooking apple (5) 21 Fixture that’s around the neck? (3)

EDITED BY DAVID STEINBERG

52 Wynonna or Naomi of country music 53 Type of error or interface 55 Flight staff 57 Langston Hughes classic

Anyone who has spent enough time at the bridge table can tell you a defender’s life is not an easy one. The slightest slip can spell the difference between suc- cess and failure. Take this case where North- South bid to reach four hearts, and West led the queen of clubs. Declarer won with dummy’s king, led a heart to the queen and, after it held, cashed the ace. South then played the king of diamonds and a diamond to the ace, ruffed a diamond, cashed the ace of clubs and ruffed a club. Next came another diamond ruff, on which East discarded a

SUDOKU DIFFICULTY RATING: HHHII

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.

INSTRUCTIONS

KENKEN

©2026 KENKEN Puzzle LLC. KENKEN is a registered trademark of Nextoy, LLC. Dist. by Andrews McMeel www.kenken.com

Each row and each column must contain the numbers 1 through 6 without repeating.

58 Crash, with “out” 59 Fencing blade 61 “Dynamite!” 62 Hockey legend Bobby 63 Noshed

spade, retaining his remaining club. East did this so that if de- clarer next put him on lead with the king of hearts, he could exit with a club and not be forced to yield a trick to dummy’s king of spades. All would have been well had West been paying attention to his knitting. When declarer led his last heart after ruffing dum- my’s last diamond, West had to decide what to discard. He knew declarer started with five hearts, three clubs and two diamonds, and so had three spades left. West elected to keep his three spades, discarding his last club, the eight.

Disaster! When East won the heart lead with the king and re- turned the six of clubs, South discarded a spade. East then had to yield the last trick to dummy’s king of spades, handing South the contract. If West had retained his “worthless” eight of clubs, he would have won East’s club re- turn and led a spade through dummy’s king to defeat the con- tract. What had seemed a harm- less discard cost him 720 points and a great deal of grief. As we said, a defender’s life is not an easy one.

©2026 King Features Syndicate Inc.

SOLUTIONS

YESTERDAY’S UNIVERSAL CROSSWORD

YESTERDAY’S CRYPTIC CROSSWORD

3 ( 5 3 ( 1 ' , & 8 / $ 5 $ ( / $ + ( ( * / , ' ( ' , $ / ( & 7 2 7 * ' 5 8 ' , ( 7 $ 5 < 0 $ 1 2 5 $ 5 1 / 8 1 $ 6 7 5 2 1 $ 8 7 6 7 1 8 5 * 2 9 ( 5 7 * 2 ' / , . ( 1 , / , 0 1 $ 7 + / ( 7 ( 7 : ( ( ' 7 ( , * 2 1 ( $ ' 0 , 1 , 6 7 5 $ 7 2 5

Page 16





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Page 17

S&P/TSX 35,801.59 +575.45

T

Telesat secures

$2.3-billion military deal, shares surge nearly 50%

SOPHIA BERTUZZI

Shares of Telesat Corp. and MDA Space Ltd. skyrocketed after Ottawa and the Canadian com- panies struck a deal to establish secure military satellite commu- nications in the Arctic. In a push to defend sovereign- ty in the Arctic, Ottawa’s Defence Investment Agency awarded a contract worth as much as $2.7- billion to Telesat LEO ULC, a divi- sion of Canada’s largest satellite operator, to expand its lightspeed low Earth orbit constellation. The announcement on Tues- day morning sent Ottawa-based Telesat’s stock up 47 per cent to close at $76.84. Shares of MDA Space, which will supply Telesat with its satellites, surged more than 13 per cent and settled at $48.10. “This is the largest contract in Telesat’s history and will signifi- cantly expand the scale and ca- pacity of the Telesat Lightspeed network, positioning the com- pany for accelerated growth,” the company said in a press release. The contract – a 15-year service period beginning in 2028 – in- cludes two five-year option peri- ods valued at approximately $200-million each, the company said. If the options are exercised, it would increase the initial deal value of $2.3-billion to a total of $2.7-billion.

COMPANIES

TELESAT, B6

Film financier

Jason Cloth ran ‘Ponzi-like’ fraud scheme, OSC alleges

ALEXANDRA POSADZKI FINANCIAL AND CYBERCRIME REPORTER TORONTO

Jason Cloth, a Toronto financier with executive producer credits onfilmssuchasJokerandHouseof Gucci, conducted a years-long scheme to misappropriate more than $70-million of investors’ funds and to conceal his wrong- doing, the Ontario Securities Commission alleges. During closing submissions before the Capital Markets Tribu- nal on Tuesday, Hanchu Chen, a lawyer for the OSC, argued that from 2018 onward, Mr. Cloth’s now-defunct company Creative Wealth Media Finance Corp. oper- ated as a fraudulent scheme that was “only sustained through Ponzi-like payments.” A Ponzi scheme is one in which the source of distributions to in- vestors is not the underlying val- ue of any investments, but rather money that has been obtained from new investors – “in other words, stealing from Peter to pay Paul,” Mr. Chen said. The hearing followed Mr. Cloth’s arrest in Los Angeles last week. The 60-year-old film pro- ducer was indicted on seven counts of wire fraud in the United States, according to the U.S. Attor- ney’s Office for the Northern Dis- trict of Illinois.

FRAUD, B6

COUCHE-TARD ....................... B9 CHEVRON .............................. B2 McDONALD’S ........................ B2 NVIDIA ................................... B5 SPACEX .................................. B5 TELUS .................................... B9

S&P 500 7,736.52 +136.02

DOW 54,085.88 +907.47

Tech giant lost more than $500-million in first quarterly report since IPO but reported gains in satellite-internet, AI businesses B5

A currency trader at heart, Scott Bessent

places a bet on Japan’s faltering yen

ALAN RAPPEPORT WASHINGTON

U.S. Treasury Secretary Scott Bessent made US$1-billion betting against the yen as the top investor for George Soros more than a decade ago. Now, he is using the might of the U.S. economy to prop up the Japanese currency. But this time, Mr. Bessent is doing so to help ensure that Washington’s borrowing costs do not creep even higher and to support a faltering American ally in Chi- na’s backyard. The co-ordinated effort by the United States and Japan to stabilize the rapidly

U.S. alcohol industry fears a nasty hangover

from Trump’s trade war with Canada

RITA TRICHUR

OPINION

he U.S. alcohol industry is under- standably fed up with being a pawninPresidentDonaldTrump’s trade war with Canada. Mr.TrumpclaimstobedefendingAmer- ican interests by threatening to impose new tariffs on Canadian alcoholic bever- agesandotherproductsstartingonAug.19. But many U.S. wine, beer and spirit pro- ducers don’t want this kind of help. They are warning him that his latest attempt to

DOLLAR 71.08/1.4068 -0.20/+0.0039

NASDAQ 26,584.99 +671.09

[ EQUITIES ]

SPACEX REVENUE SOARS

SpaceX stock has fallen about 8 per cent since its record-breaking initial public offering in June, which valued the company at roughly US$1.75-trillion. JEENAH MOON/REUTERS

weakening yen late last week was the sec- ond time in the past year that the Trea- sury Secretary returned to his roots as a hedge fund manager to make a big cur- rency bet. The move demonstrated the lengths that the Trump administration is pre- pared to take to shield the U.S. economy from the volatility of global markets at a moment of political peril. The scale of the yen purchases was not disclosed. During a Cabinet meeting Friday, a photograph of Mr. Bessent’s note pad – which he has previously said he keeps vis- ible for the media to peruse – showed pur-

strong-arm Ottawa in trade talks will also inflict more damage on them. An American industry group, calling it- self the Toasts Not Tariffs Coalition, argues that legislators should instead be focused on restoring open markets with Canada and providing certainty for U.S. businesses that rely on cross-border trade. “The latest announcement underscores a troubling reality: The beverage alcohol and hospitality sectors continue to be caught in the middle of trade conflicts it did not create,” the coalition states in a pressreleaseissuedinresponsetothepres- idential proclamation of the impending tariffs.

FINANCIAL SERVICES B.C. billionaire Beedie buys into Vistara Capital, commits $125-million to new fund B3

GOLD (oz.) US$4,152.60 +62.10

OIL (WTI) US$75.77 -4.57

chases of US$5-billion to US$10-billion worth of yen on his “to do” list. The Treasury Department’s most re- cent currency report, published last month, said the yen was substantially undervalued and that excess volatility in the currency’s trading was “undesirable.” Currency analysts said that the United States used its holdings of euros to buy yen, bolstering its value without shaking confidence in the dollar. Purchasing yen with dollars could re- duce the value of the greenback and sig- nal a shift in the traditional U.S. policy of maintaining a strong dollar.

CURRENCY, B6

The 50-per-cent tariffs will be invoked under Section 338 of the Tariff Act of 1930. Also known as the Smoot-Hawley Tariff Act, the protectionist trade legislation was intended to give Washington a means to settlethescorewithcountriesthatunfairly imposetariffsonU.S.products.Instead,Mr. Trump is using it to menace an already- wronged trading partner. In addition to alcohol, the recently an- nounced U.S. duties will apply to a range of other Canadian exports, including hockey sticks and cement, regardless of their standing under the United States-Mexico- Canada Agreement on trade.

TRICHUR, B4

ECONOMY Canada’s trade surplus grows to $3.9-billion in June as weak loonie lifts trade values B2

GCAN (10-YR) 3.55% -0.11

GLOBE INVESTOR S&P 500, Dow and TSX reach record highs on robust earnings, signals of Iran peace deal B8

Page 18

Canada’s trade surplus reaches $3.9-billion

Weak loonie lifts value of imports and exports, but tariff threats could stall that momentum

OTTAWA

Canada’s merchandise trade sur- plus increased to $3.9-billion in June as a weaker loonie pushed trade values higher, Statistics Canada said on Tuesday. Theagencysaidtheresultcom- pared with a surplus of $3.7-bil- lion in May, which was revised from its initial reading of $4.2-bil- lion. Statscan noted the average val- ue of the loonie, which affects tradetransactions,dropped1.7US cents in June compared to May, the largest monthly decline since October, 2022. It said a weaker loonie pushed monthlytradevaluesinCanadian dollarshigher.Whenexpressedin U.S. dollars, it said exports de- clined2percentinJune,whileim- ports dropped 2.1 per cent. In Canadian dollars, total ex- ports gained 0.4 per cent in June to post the fifth consecutive monthly increase and hit a record $77.5-billion. Exports of metal and non-me- tallic minerals rose 16.5 per cent, boosted in part by higher gold shipments. The overall gain in exports was largely offset by a 10-per-cent

White House weighs price floor

on polysilicon, mulls set of tariffs to counter China in solar and chips

NICHOLA GROOM

The Trump administration is preparing to set a price floor and impose tariffs on polysilicon and related products, according to four people familiar with the plan, putting a material crit- ical to solar panels and semiconductors at the centre of U.S. efforts to compete with China on artificial intelligence and energy. The decision, expected to come later this month, aims to protect U.S. polysilicon facto- ries owned by Hemlock Semiconductor and Wacker Chemie from growing Chinese ambi- tions in the chip supply chain. But President Donald Trump’s year-long na- tional security investigation into polysilicon by the Commerce Department also has major im- plications for the growing domestic solar man- ufacturing industry at a time when the U.S. leader has rolled back federal support for re- newable energy. Polysilicon, an ultra-pure form of silicon, sits at the start of the semiconductor and solar manufacturing supply chains. Manufacturers turn silicon wafers into solar cells and then as- semble those into panels used in solar projects. Domestic semiconductor manufacturing, a priority for Mr. Trump, depends on solar be- cause the solar industry’s larger demand for polysilicon helps support production of the material required for chips. The chip industry accounts for 2.4 per cent of global polysilicon demand, the Semiconductor Industry Associ- ation said. “They’re finding that they actually do need solar,” said Rhone Resch, chief strategy officer at Japan’s Toyo Co Ltd., which operates a solar panel factory near Houston and plans to invest US$357-million in a nearby solar cell facility. The administration is expected to pursue a hybrid system combining a minimum import price with tariffs on polysilicon and derivative products, according to the sources familiar with the deliberations, who spoke on condi- tion of anonymity. Two of the sources said the plan will allow importers investing in U.S. wafer and cell pro- duction to offset the costs associated with the trade protections. China accounts for roughly 80 per cent of global solar manufacturing ca- pacity. A White House official would not comment ahead of Mr. Trump’s decision. The Commerce Department did not respond to a request for comment. China’s Embassy in Washington criticized the trade investigation. “China urges the U.S. to stop the Section 232 tariff measures as soon as possible, and proper-

McDonald’s names company veteran as new American head after sales miss

WAYLON CUNNINGHAM

McDonald’s replaced the head of its U.S. business on Tuesday after the company missed second- quarter U.S. sales-growth expec- tations, blaming what its CEO called execution lapses that blunted a drive to bring back low- income consumers who have cut back on eating out. The Big Mac maker named Skye Anderson, a 26-year compa- ny veteran who has served as U.S. chief operating officer, to replace Joe Erlinger as president of McDo-

A container is unloaded from the Manzanillo Bridge container ship in Delta, B.C., on July 30. Statscan said total exports in the second quarter rose 13.1 per cent, the strongest quarterly increase in percentage terms since 2020. DARRYL DYCK/THE CANADIAN PRESS

THE CANADIAN PRESS

drop in energy product exports in June as oil prices fell. Total imports edged up 0.2 per centinJuneto$73.6-billion,large- ly driven by a 59-per-cent surge in computers and computer periph- erals imports, such as processing units used in data centres. Com- puter and computer peripherals shipments were also a primary reason imports from the U.S. rose

ly resolve the concerns of all parties through equal dialog,” a spokesperson said. Section 232 of the Trade Expansion Act au- thorizes the President to restrict imports deemed a threat to national security. Mr. Trump has previously used the authority to impose tariffs on products including steel, au- tos and semiconductors. U.S. solar manufacturing has expanded since Congress created tax incentives in 2022. Much of that growth, however, has been con- centrated in panel assembly, leaving manufac- turers dependent on imported wafers and cells, which require longer investment time- lines. Several U.S. solar factory owners, including Toyo, Qcells, Corning, Canadian Solar and T1 Energy, have announced or started facilities farther up the solar supply chain in part to meet stringent Made-in-America requirements tied to federal clean energy subsidies. The trade group Solar Energy Manufacturers for America and a bipartisan group of U.S. law- makers have argued in comments to the Com- merce Department that imports from non-Chi- nese producers like South Korea’s OCI Hold- ings and Wacker, with factories in Malaysia and Germany, will be needed until domestic poly- silicon, wafer and cell production expands. Hemlock, which operates a plant in Michi- gan, is a joint venture between Corning and Ja- pan’s Shin-Etsu Handotai. Munich-based Wacker runs a factory in Tennessee. “Without polysilicon, the next steps of the value chain (wafer and chips or wafer and solar cells) are not possible,” Wacker said in a state- ment. Corning declined to comment. The Trump administration must walk a fine line between supporting domestic producers and inflating the cost of chips and solar panels, products in high demand amid the data centre boom. Industry groups representing solar develop- ers and semiconductor buyers have warned the administration that tariffs could raise the cost of solar power plants and increase prices for products including consumer electronics and automobiles. Even some manufacturers are worried about the impact on demand for their products. “The market might start having projects fall down” if costs become too high, Martin Pochta- ruk, CEO of panel maker Heliene, which oper- ates factories in Minnesota, said in an inter- view. He called the solar industry’s role in the chip-focused trade investigation “collateral damage.”

REUTERS

nald’sUSA,effectiveimmediately. CEO Chris Kempczinski on the earnings call described Ms. An- derson as a “change agent” who could “unlock superior perform- ance” in the U.S. Mr. Erlinger, who joined the company in 2002 and has been president of McDonald’s USA since 2019, will stay on as an adviser, McDonald’s said in a statement. Ms. Anderson will oversee roughly 14,000 restaurants in the United States, the company’s largest market, as she steers the rollout of McDonald’s new turn- around strategy called “McDo-

three per cent, the agency said. In volume terms, total exports wereup1.1percent,whileimports were down 1.5 per cent. Meanwhile, Statscan said total exports in the second quarter rose 13.1 per cent, the strongest quarterly increase in percentage terms since the third quarter of 2020. Almost half of the increase

nald’s NEXT.” Some on Wall Street read the leadership shake-up as a sign of impatience at the top. Citi analy- sts said the appointment signals management’s dissatisfaction with recent performance . TD Cowen analysts wrote that the firm looks forward to Ms. An- derson’splanstoreacceleratecus- tomer traffic and improve fran- chisee cash flow at the company’s investor meeting set for Septem- ber. U.S. same-store sales grew 0.8 percentinthequarter,belowWall Street expectations and driven by

came from higher energy prod- ucts exports, as oil prices rose amid the conflict in the Middle East,Statscansaid.Exportsofmo- tor vehicles and parts were also up 19.3 per cent, following two quarters of declines. “June’s data confirm that a fur- ther rebound in export volumes from the lows seen in 2025 ap- pears to have been a large driver

Big oil companies continue to

post banner profits as fighting in Iran drives prices higher

NEW YORK

Big oil companies continue to book massive profits as fighting in Iran disrupts energy markets and sends oil and gasoline prices sharply higher. Six of Europe’s largest oil com- panies posted combined first- quarter profits of US-$22 billion, more than 40 per cent higher than last year. Profits at BP, based in London, more than doubled to US$3.9-billion in the second quarter, the company said Tues- day. And Saudi Aramco reported a 44-per-cent year-on-year increase in second-quarter net profit that reached US$32.69-billion, driven by higher crude oil, refined prod- ucts and chemicals prices. The supercharged perform- ances from big oil in Europe and the Middle East follow reports of enormous profits from the large- st U.S. oil drillers last week. As the conflict has dragged on, high oil prices have driven up the cost of gasoline, jet fuel and die- sel, which has led to higher ship- ping costs. In the West, filling up the car or buying a plane ticket is costing consumers more. But the situation in parts of Asia is more dire because the region depends more heavily on fuel exported through the Strait of Hormuz. Fuel supplies have run low in some countries, leading to ra- tioning and sporadic closures of schools and government offices. Despite oil prices falling to their lowest level in three weeks Tuesday, big U.S. energy compa- nies drew the ire of President Do- nald Trump, who criticized them this week for their outsized prof- its. Mr. Trump said he’s not happy with Chevron and Exxon Mobil, though energy prices skyrocket- ed only after the U.S. and Israel at- tacked Iran in late February, and the Strait of Hormuz was effec- tively closed off to tanker traffic. About 20 per cent of the world’s oil typically flows through the strait. “They made too much money,

The supercharged performances from big oil in Europe and the Middle East follow reports of enormous profits from the largest U.S. oil drillers last week.

an increase in the average amount of money spent by each customer, the company reported. Mr. Kempczinski praised Mr. Erlinger’s record steering the U.S. division through major changes, as well as delivering gains in dig- ital ordering and delivery. But Mr. Kempczinski also criti- cized U.S. division leadership. “We don’t have a strategy prob- lem, we simply didn’t execute at the level we needed to in the sec- ond quarter,” Mr. Kempczinski said on the earnings call. Mr. Kempczinski said a heavy calendar of promotions – such as

of the strength in GDP signalled” for the second quarter, said An- drew Grantham, senior econo- mist at CIBC Capital Markets, in a note on Tuesday. But he said the threat of new tariffs could slow or stall that mo- mentum. “Export volumes could see a small bump in the next couple of months if companies potentially impacted by new U.S. tariffs look to front-run their implementa- tion, but there would be a nega- tive effect afterwards if these new tariffs actually come into effect,” Grantham said. The U.S. government an- nounced last month a plan to im- pose a 50-per-cent tariff on hun- dreds of categories of Canadian goods. The tariffs are slated to take effect on Aug. 19 and would be imposed using an obscure le- gal tool dating back to the Great Depression. Marc Ercolao, senior econo- mist at TD, said the annual re- views of the U.S.-Mexico-Canada trade agreement will further pro- long trade uncertainty. In a separate release, Statscan reported monthly service exports edged down 0.2 per cent to $20.8- billion, while imports of services fell 0.4 per cent to $21-billion. Combined, goods and services exports increased 0.3 per cent to $98.2-billion in June, while im- ports edged up 0.1 per cent to $94.7-billion.

too much money,” Mr. Trump said Monday. “They ought to give some of that back to the public, and they better cut the retail price.” Exxon Mobil on Friday report- ed that its second quarter profits doubled to US$14-billion, boost- ed by record diesel production. The oil giant, based in Spring, Texas, brought in US$116-billion in revenue, up 42 per cent. Chevron, based in Houston, nearly quadrupled its profits to US$12-billion and revenue jump- ed 56 per cent to more than US$70-billion. On Tuesday, the price of U.S. crude oil fell 5.4 per cent, or US$4.36, to US$75.98 per barrel. The sharp decline followed com- ments by Treasury Secretary Scott Bessent, who told CNBC that the U.S. and Iran “may have a deal today or tomorrow to open the Strait.” Oil prices for U.S. crude are down from around US$92 a bar- rel in late July, but still more than 13 per cent higher than when the conflict with Iran started. Brent crude, the international standard, fell 4.9 per cent to US$83.87 per barrel. A resolution to the Iran con- flict, which has lasted more than five months, could give oil ship- pers the ability to send vessels out of the Persian Gulf, where tankers of oil and other products have been trapped during the fighting. Shares of major oil companies are up by around 20 per cent to 30 per cent this year, easily outpac- ing the 13-per-cent gains on the S&P 500.

ASSOCIATED PRESS

its“K-PopDemonHunters”tie-in, new value meal offerings and FI- FA-related promotions – over- whelmed restaurant crews and led to dissatisfied customers who waited too long for their food. He also said the campaigns were too crowded together. “It’s tough to break through when you have that many mess- ages out there,” Mr. Kempczinski said, adding the company is “tak- ing a really hard look at the calen- dar through the balance of the year.”

Page 19

B.C. billionaire Ryan Beedie buys into Vistara Capital

SEAN SILCOFF TECHNOLOGY REPORTER

Vancouver billionaire Ryan Bee- die has bought a half-stake in one of Canada’s most consistent- ly successful technology finan- ciers, Vistara Capital Partners Ltd., managed by his friend and former personal fund manager Randy Garg. Mr. Beedie will also anchor a new Vistara fund set to launch this fall. His Beedie Capital unit has committed to bankroll one- quarter of the fund’s capital, or up to US$125-million of its US$500-million target size. Vista- ra’s last fund, its fifth, raised US$321-million in 2025. That fund commitment would represent the second largest in- vestment by Mr. Beedie outside his core real estate business: He invested more than $190-million for a 29-per-cent stake (now worth $2.2-billion) in publicly traded Artemis Gold Inc. Mr. Bee- die’s non-real estate investments are valued at about $4-billion. He’s also the largest industrial re- al estate developer in Greater Vancouver and a big player in the residential condominium market. Vancouver-based Vistara fol- lows several other Canadian pri- vate capital managers who have recently opened their general partnerships to outside inves- tors, including Georgian, Power Corp. of Canada affiliate Sagard, TorQuest Partners and One9. Mr. Garg said in an interview Vista- ra’s selling partners will invest their undisclosed proceeds in the new fund. By buying into the partnership, Beedie Capital will split Vistara’s 20-per-cent share of gains from investments in the new fund, plus its annual man- agement fee. Beedie Capital has taken stakes recently in two other pri- vate capital managers, including Toronto private equity firm Boardwalk Capital, and is open to more such deals, Mr. Beedie said. He and Beedie Capital head David Bell have also discussed

Ryan Beedie is pictured at his offices in Vancouver. By buying into a partnership with Vistara Capital Partners Ltd., Beedie Capital will split Vistara’s 20-per-cent share of gains from investments in the new fund, plus its annual management fee. ETHAN CAIRNS/ THE GLOBE AND MAIL

launching a fund to manage third-party capital. “We aren’t ready quite yet,” Mr. Beedie said. “To have a half-interest in Vistara satisfies a bit of that itch. He’s done well, and we’ve done well with Randy. We have a lot of con- fidence in him.” Mr. Garg and Mr. Beedie refer to the deal as “A Sort of Home- coming,” a nod to their favorite band U2. (A Sort of Homecoming is the opening track of the band’s The Unforgettable Fire album). The pair became friends in 1991 at University of British Colum- bia, while pursuing their mas- ter’s in business administration. Mr. Garg went into venture cap- ital and Mr. Beedie worked for the real estate business started by his late father, Keith Beedie. By 2010, Mr. Garg wanted to go after a gap in the technology fi- nancing market between bank debt and venture capital by ex- tending credit to private software companies and obtaining addi- tional equity sweeteners such as warrants to buy stock at future dates, or convertible debt. At the same time Mr. Beedie was con- sidering diversifying his portfo-

lio. They partnered to found Bee- die Capital, with Mr. Garg manag- ing his friend’s non-real estate holdings and specializing in the hybrid debt-equity tech deals he wanted to make. Mr. Garg left in 2015, founding Vistara to pursue the same investment strategy, which he described as “covering the downside, getting paid to wait, but playing for the upside.” Beedie Capital anchored each of Vistara’s five funds, commit- ting $140-million of the nearly $1-billion raised to date. It also co-invested alongside Vistara as Beedie Capital became a multi- strategy alternative investment platform that backed private capital funds, technology com- panies, mining companies and buyouts. Vistara’s funds have been con- sistent performers, delivering overall average net annual re- turns of 14 per cent. Its first three funds fully returned their inves- tors’ capital, making it stand out in a prolonged down-market for tech financiers. Vistara has never lost money on a deal; three of its funds ranked in the 10 top glob-

ally among sub-US$500-million private credit funds last year, ac- cording to PitchBook, a capital markets intelligence site. The new fund, called Vistara Growth Structure Opportunities Fund is a slight departure for the money manager. It will still aim to deploy roughly US$20-million to US$30-million apiece in busi- ness-to-business-focused soft- ware companies generating US$10-million-plus in annual revenue, providing its signature hybrid debt-equity financing. Unlike Vistara’s past closed- end, time-limited funds, the new one be a permanent and open- ended. That means investors can buy in or redeem their stakes on an ongoing basis, while Vistara gets more flexibility in how long it holds investments. “Raising a new fund every two years is pretty taxing,” Mr. Garg said. He said Vistara’s loyal inves- tors “love our funds, but don’t like keeping track of capital calls, distributions, all the back and forth. Many of them just want a set-it-and-forget-it-type of invest- ing.” To avoid a run of redemptions that have plagued other private credit funds, investors who cash out will have their stakes frozen and get paid as Vistara exits the underlying positions. “It’s not an immediate sell button and is a much cleaner way” to exit, Mr. Garg said. He’s also hoping the larger fund size attracts institutional investors; most Vistara capital raised to date has come from family offices, foundations and ultrawealthy individuals, mostly in B.C. Mr. Garg also hopes to fo- cus more on Canadian deals; it now does about 80 per cent of transactions in the U.S. Despite recent tumult in the tech sector, Mr. Beedie said “this is a pretty opportune time to be deploying capital.” “Valuations have reset. I think people are much more focused on profitability and smart capital allocation, and the industry has become better for the credit or downside protected investment.”

Page 20

L

OPINION

OPINION

OPINION & ANALYSIS

The government didn’t want you to know

the dairy sector is lobbying in USMCA talks

While Canada’s trade negotiators need confidentiality, special interests trying to influence the outcome of negotiations do not

MATT MALONE

Scholar at the Balsillie School of International Affairs and the author of Open Governments, Secret Canada: Hiding Information Other Countries Share

ast year, when the federal government invited Cana- dians to share their views about the operation of USMCA, 5,143 stakeholders heeded the call. In its summary of the find- ings, Ottawa noted that a cross- section of Canadian society – businesses, industry associ- ations, unions, individuals, civil society and Indigenous groups – “voiced strong support for main- taining Canada’s supply-man- agement system for dairy, poul-

Trichur: U.S. producers worry escalating trade war will stunt sales of booze in Canada

FROM B1

U.S. alcohol producers, however, are already feeling acute pain. “For more than a year now, American wine and spirits expor- ters have faced major losses in Canada after U.S. products were removed from retail shelves across the country, cutting off ac- cess to one of our most important export markets,” the coalition added in its release. Mr. Trump, though, appears unfazed by the financial pain that his illogical trade policies have in- flicted on the U.S. sector. Even the U.S. industry ac- knowledges that provincial and territorial boycotts of American alcoholonlycametopassbecause of Mr. Trump’s unprovoked trade war. Itdidn’thavetobethisway.Be- fore those bans began in March 2025,Canadahadbeenthetopex- port market for U.S. wine and the second-largest destination for U.S. spirits. But, Canadian imports of U.S. alcoholic beverages plummeted by roughly 81 per cent to US$137- millioninthe12monthsspanning March 2025 to February 2026, compared to the same period the year before, according to the White House. Thecoalition,meanwhile,cites a78-per-centdropinU.S.wineex- portstoCanadafrom2024to2025, resultinginUS$357-millioninlost export value from that category alone. Canada was responsible for more than 80 per cent of total U.S. wine export losses globally, mak- ing 2025 “the most catastrophic single-yeartradedisruptioninthe history of U.S. wine exports.” Ouch.

I dyed my hair pink and my boss threatened to fire me

NINE TO FIVE

THE QUESTION

I work as a delivery driver for a manufacturing company. I dyed my hair neon pink and now my boss is threatening to fire me if I don’t dye it back to its normal colour. He says that because I have a front-facing role and inter- act with customers, I have to be presentable. But I’m just deliver- ing to factories and no one there is trying to make an impression. Everyone is pretty grubby. There is no specific rule or mention in my employment contract or our company dress code against hav- ing bright hair colours. Could I actually be fired if I don’t comply with this request?

try, and eggs as a pillar of food sovereignty.” But the actual submissions told a very different story – about a lopsided effort to influ- ence policy. Approximately 90 per cent of all submissions (4,572 out of 5,143) came from dairy special interest groups or dairy farmers engaged in a letter-writing cam- paign to influence the federal government’s trade position. I only learned that by filing a re- quest under the Access to Infor- mation Act. All the public got was an opaque summary of the consul- tations, leaving it unclear where any specific input came from. As with so much of the Carney gov- ernment’s approach to trade with the United States, the atti- tude was tight-lipped and need- to-know. That approach conflates two very different things: on the one hand, the necessary secrecy our trade negotiators require to con- duct effective negotiations with a belligerent Trump administra- tion and, on the other, the un- necessary secrecy that special in- terest groups seeking to influen- ce our negotiators do not de-

Canadian whiskies are displayed on a shelf at a Total Wine store in California. U.S. President Donald Trump has threatened to impose 50-per-cent tariffs on a variety of Canadian products including alcoholic beverages. HEATHER DIEHL/GETTY IMAGES

The coalition has spent months cautioning the Trump administration that its protec- tionist trade policies risk perma- nent harm to American brands in Canada. “The significant damage to U.S. alcohol brands in Canada caused by this trade dispute will have lasting negative impacts on U.S. producers,” the coalition wrote in a correspondence to U.S. Trade

on the facts provided, firing you for cause – without notice or pay in lieu of notice – would be hard to justify. Employers are allowed to set and enforce reasonable policies and guidelines about profession- al appearance, especially for staff who deal with customers. Disputes tend to come up when an employee has an un- conventional look such as neon pink hair. Whether your employer can insist you change your hair col- our, and terminate your employ- ment if you don’t comply, de- pends on factors such as: Wheth- er the direction from your boss is grounded in a legitimate busi- ness interest, whether you had knowledge of that expectation and if the direction from your boss is connected to a genuine business concern. This should be set out in a pol- icy or a clearly communicated expectation which is enforced consistently and backed by a clear warning that refusing could lead to discipline and continued

serve. This is a policy design problem. Special interests seek- ing to exert influence on trade negotiators must be subject to transparency by default. Those lobbying the government to take certain trade positions should do so in the open. Instead, the gov- ernment has too often facilitated access in secret. Canadians should not become inured to this style of govern- ance. We saw it in the develop- ment of a federal AI strategy, too. There, the federal government decided not to publish the sub- missions it received about if or how to govern AI; instead, the feds simply used AI to summa- rize those consultations. In similar fashion, the “What We Heard” report for the USMCA consultations only summarized stakeholders’ views. The dairy special interest groups and individuals’ letter I obtained advocated: “It is crucial that no new dairy concessions are granted in upcoming nego- tiations.” This may or may not be a worthwhile position for our trade negotiators to stake out during negotiations with the United States and Mexico. But

Representative Jamieson Greer this past April. Americanproducersarerightly worried that an escalating trade war will stunt both the competi- tiveness and long-term sales of U.S. alcoholic beverages in the Canadian market. Most provinces, including On- tario, Quebec and British Colum- bia, are standing firm on their boycotts. Alberta and Saskatche-

refusal could result in discipline and potentially termination. But, on the facts you describe, it would be difficult for your em- ployer to establish just cause over simply neon pink hair. Your employer could still de- cide to end your employment even if you’ve done nothing seri- ously wrong. In that case, you’d be owed working notice or pay in lieu of notice depending on your contractual and legal entitle- ments. A practical next step is to ask your employer to point to the specific business concern and to explore a compromise – such as covering your hair with a cap during deliveries. If the threats escalate, speak with an employ- ment lawyer.

Canadians deserve to know what special interests are seeking to influence our negotiators – and on what topics. Doing so helps correct the in- evitable limits of representative government and ensure that any eventual trade agreement with the Americans reflects, as best as possible, public rather than pri- vate interests. While many Canadians are willing to grant significant ma- noeuvring room to the Prime Minister and his delegates to deal with the erratic Trump ad- ministration, they also under- stand that secrecy is how govern- ments hide corruption, malad- ministration and anything else they do not want to share with taxpayers. That tension was on display in the deal signed between Canada and the United States that opened the Gordie Howe Inter- national Bridge, too, where the initially secret contents of that agreement were the subject of messaging by the Prime Minister that was later directly contradict- ed by objective reporting. While some might caution against allowing too much trans- parency during negotiations,

wan, meanwhile, are facing new callstoreinstatetheirbansinlight of the pending Section 338 tariffs. Additionally, other countries similarly aggrieved by U.S. trade policies, such as Mexico, are eager tofindnewmarketsfortheiralco- hol exports. A wider selection of Mezcal in Ontario? I’m down with that. The real danger, of course, is that Canadian consumers are

as it relates to hair colour. How- ever, such codes must not violate human rights legislation which protects workers from discrimi- nation stemming from certain protected characteristics. Having colourful hair is not a protected characteristic on its own, and so does not attract the protection of the human rights legislation. That said, human rights legis- lation may be activated when the hair colour is related to a protect- ed characteristic such as race, re- ligion or age. For example, a rule that employees are not allowed to have grey or white hair would likely discriminate against peo- ple on the basis of age, which is a protected characteristic. Can you be fired for changing the colour of your hair for rea- sons that are not protected by human rights legislation? Yes, but the consequences of that dis- missal depend on the specific sit- uation. If there is a well-defined dress code or policy which has been clearly communicated to all em-

since it risks opening our nego- tiating hand to the Americans, the strategy of our negotiators and the demands of special in- terests are two very different things. The U.S. itself makes con- sultees’ inputs on USMCA public anyway. As well, Canada’s entire access to information system – where reams of sensitive documents, including cabinet confidences, are uploaded in the original be- fore being redacted – uses Amer- ican software, Granicus’s AMAN- DA solution. During the last fed- eral election, Carney committed to an “objective” review of the system; but so far, he has not fol- lowed through on that promise. The result of this secrecy is that average Canadians are being left in the dark. If Canada is go- ing to get the best deal it can, we must simultaneously provide our trade negotiators with the latitude to deliberate in confi- dence while constraining the special interests that are trying to influence the terms of their work. Left with little sense of what special interests are advo- cating the government, the pub- lic has no opportunity to con- strain undesirable moves.

learning to live without their fa- vourite U.S. products. Tipplers are finding numerous alternatives for California wine and Kentucky bourbon that don’t require us to swallow our pride. As much as Canadians would like to toast American alcohol producers for embracing the spir- it of free trade, we can’t. Indeed, some of us may never go back.

ployees and consistently en- forced, and the employee has been warned and given an op- portunity to remedy the situa- tion, and despite this the em- ployee refuses or neglects to comply with the dress code, there may be a termination for cause, without notice or pay in lieu of notice. Absent these fac- tors, the employee may still be dismissed, but it will be without cause, and the employee will be entitled to notice or pay in lieu of notice. If you are in a unionized work- place, consult your union, as oth- er considerations may apply. The law in Quebec may differ.

Cynthia Lazar, labour and employment lawyer, workplace investigator, Taylor McCaffrey LLP, Winnipeg

Page 21

SpaceX revenue surges on strong Starlink growth

Shares in Musk’s company fall 4% in after-hours trading, as average revenue per subscriber dips 22%

AKASH SRIRAM

SpaceX said on Tuesday that quarterly revenue nearly dou- bled and operating losses nar- rowed sharply in its first earn- ings report since going public, buoyed by strong growth in its Starlink satellite-internet and AI businesses. It reported April-June revenue of US$7.8-billion, compared with US$4.1-billion a year earlier. Op- erating losses narrowed to US$143-million from US$970- million as operating income at Starlink swelled 79 per cent. But average revenue per sub- scriber slumped 22 per cent from a year earlier as SpaceX entered more international markets and rolled out lower-priced plans. SpaceX shares fell 4 per cent in after-hours trading. The stock rose 9.4 per cent in regular trade ahead of the publication of re- sults. Second-quarter revenue beat expectations of US$6.93-billion, according to LSEG data. The company posted a net loss of US$541-million attributable to shareholders for the three months ended June 30. The

AMD forecasts revenue above Wall Street estimates on strong demand for chips

ANHATA ROOPRAI MAX A. CHERNEY

Advanced Micro Devices Inc. forecast quarterly revenue above Wall Street estimates on Tuesday, banking on strong demand for its chips from massive data-centre capacity expansions to power AI technologies.

The SpaceX Starship and Super Heavy v3 Booster lift off on their 13th test flight from the SpaceX launch complex in Starbase, Tex., last month. STEVE NESIUS/REUTERS

REUTERS

REUTERS

company said it spent US$18.37- billion on AI infrastructure, Star- ship and Starlink expansion. The company’s stock has de- clined 8 per cent since its record- breaking initial public offering in June that valued the company at about US$1.75-trillion. The stock could face additional pressure from the expiry of SpaceX’s post- IPO lock-up period starting on Thursday, which may unleash a

Yet, its shares fell more than 7 per cent in extended trading, sug- gesting that investors were look- ing for an even stronger outlook after the stock more than dou- bled this year spurred on by AI optimism. “AMD is now in a similar posi- tion to Nvidia Corp. and the hy- perscalers, where investors are looking for evidence that AI in-

wave of insider and early-inves- tor shares on the market. Starlink and SpaceX’s broader connectivity operations remain the company’s primary financial engine, underpinning CEO Elon Musk’s push to build an AI-first business that extends beyond renting capacity to developing frontier models, consumer and enterprise software, and, eventu- ally, data centres in space.

frastructure investments will continue translating into acceler- ating returns,” said Jacob Bourne, an analyst at Emarketer. The Santa Clara, Calif.-based companyisregardedaschipgiant Nvidia’s closest rival in the mar- ket for graphics processing units, as major technology companies and governments worldwide ramp up spending on AI infras-

The company’s satellite-inter- net unit has continued to ex- pand its global subscriber base, aided by launches of additional satellites and a growing range of consumer, enterprise, aviation, maritime and government ser- vices. Investors are watching wheth- er SpaceX can maintain growth while improving the economics of its network, particularly as it

tructure. It has stepped up its AI product launches and moved beyond sell- ing individual chips to offering AI systems that combine processors, networking gear and related hardware, giving customers an integrated AI infrastructure op- tion and allowing it to better rival Nvidia’s rack-scale offerings. AMD expects third-quarter

spends heavily to expand cover- age, increase capacity and devel- op direct-to-device mobile ser- vices. SpaceX’s AI business, which includes xAI, Grok, and social- media platform X, and a rapidly expanding data centre oper- ation, has been its biggest area of investment. The business is gen- erating revenue from compute contracts with Anthropic, Alpha- bet’s Google and Reflection AI, though a portion of its recurring revenue has yet to be recognized. Operating losses at the AI business have mounted, and SpaceX has cautioned that the AI unit will require sustained in- vestment before it can generate profits consistently. Starship, SpaceX’s next-gener- ation reusable rocket system, is yet to enter commercial service but is expected to enable deploy- ment of higher-bandwidth Star- link satellites and orbital AI- computing infrastructure. The company’s ability to turn Starship into a reliably reusable vehicle is central to its longer- term strategy. Investors have closely watched for updates on testing progress, launch cadence, reusability milestones and the vehicle’s satellite-deployment capabilities. Separately, SpaceX said that it had partnered with Nvidia to use its chips in the Starmind AI1 or- bital compute satellites.

revenue of about US$13-billion, plus or minus US$300-million, while analysts estimate US$12.52- billion, according to data com- piled by LSEG. AMD also is expecting adjusted gross margin to be about 56 per cent, largely in line with esti- mates.

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Currency: Bessent says U.S. won’t hesitate to participate in another joint intervention

FROM B1

FROM B1

“It’s very important to have a sta- ble yen,” Mr. Bessent said on CNBC on Tuesday. “The Japanese government understands that, and we are proud to stand with them in implementing their pol- icies and help them stabilize the region.” Mr. Bessent, who said the Unit- ed States would not hesitate to participate in another joint inter- vention, warned that further weakening of the yen could cause the Chinese and South Korean currencies to decline. He added that he was confident that Japan was pursuing sound economic policies. In announcing the interven- tion Sunday, Mr. Bessent called to expand the Federal Reserve’s re- purchase agreement facility for foreign and international mone- tary authorities, which was estab- lished in 2020. It currently allows central banks that hold U.S. Trea- surys to borrow up to US$60-bil- lion to bolster their holdings of dollars. The Federal Reserve facility was created to help preserve the smooth functioning of the U.S. bond market. The decision to di- rectly support the yen, which fell to a 40-year low of 164 per dollar in recent days, appeared to be de- signed with the bond market in mind. Borrowing rates in the United States have risen in recent months and Japan, which is the largest holder of U.S. debt, would have had to sell Treasuries to sup-

Fraud: Tribunal grants lawyer’s motion

to be removed as producer’s counsel

Each count is punishable by up to 20 years in federal prison. Mr. Cloth was released on bail, according to Mr. Chen. The allega- tions levied against him by U.S. prosecutors have not been pro- ven in court. No one has appeared on Mr. Cloth’s behalf at the Capital Mar- kets Tribunal, an independent di- vision of the OSC that conducts hearings under the Ontario Secu- rities Act. During Tuesday’s hearing, An- drew Guaglio, a lawyer at Fenton Law Barristers, made a motion to remove himself as counsel for Mr. Cloth because of what he de- scribedas“abreakdownintheso- licitor-client relationship.” Mr. Guaglio had attended the hear- ings largely as an observer, ac- cordingtothetribunal’sadjudica- tors. The tribunal considered a brief adjournment to the hearing in light of Mr. Cloth’s arrest, but ulti- mately decided to proceed and granted Mr. Guaglio’s motion, with some conditions attached. At the end of Tuesday’s hear- ing, the tribunal reserved its deci- sion for a later date. Mr. Cloth could not be reached for comment. The OSC alleges that between 2013 and 2022, Mr. Cloth and his company, which was headquar- tered in Toronto, raised more than$500-millionfromhundreds ofinvestorsinCanadaandtheU.S. for loans to film, television and animation producers. Creative Wealth entered into two types of contracts with inves- tors: participation agreements to raise funds for a specific media project, and secured loan com- mitment agreements for projects bundled together as a series. Bor- rowerswerechargedapercentage of the loan amount as a facilita- tion fee. The OSC alleges that Mr. Cloth, whom the watchdog character- ized as the “directing mind” be- hind Creative Wealth, defrauded investors by diverting more than $70-million to purposes that had

The OSC alleges that between 2013 and 2022, Mr. Cloth and his company raised more than $500-million from hundreds of investors in Canada and the U.S. for loans to film, television and animation producers.

Ottawa moves to list West Coast pipeline as project of ‘national interest’

DAVID BAXTER OTTAWA

The federal government is ad- vancingtheprocesstodesignatea proposed oil pipeline to the West Coast as a “national interest” pro- ject. Namingaprojectinthenation- al interest under the Building Canada Act allows the govern- ment to fast-track approvals and skirt some environmental laws. AnoticepublishedintheCana- da Gazette on Aug. 1 sets a Sept. 18 deadline to submit comments on the national-interest designation. The proposed pipeline has been referred already to the gov- ernment’s Major Projects Office,

The proposed pipeline has been referred already to the government’s Major Projects Office, with the Alberta government listed as the proponent. The pipeline would be owned by Trans Mountain, the Alberta Petroleum Marketing Commission and Pembina Pipeline Corporation.

A notepad in front of U.S. Treasury Secretary Scott Bessent reads ‘To Do Buy Japanese Yen $5-10 bil’ as he participates in a cabinet meeting at Camp David, Md., in July. DANIEL HEUER/REUTERS

port its currency. This could have pushed U.S. interest rates higher while the Trump administration is concerned that elevated mort- gage and car loan rates will frus- trate midterm election voters.“ We know the U.S. administra- tion’s sensitivity to what goes on in the Treasury market is ex- tremely high,” said Robin Brooks, senior fellow in economic studies at the Brookings Institution. Mr. Brooks said that he dis- agreed with Mr. Bessent’s conten- tion that Japan’s currency was undervalued. He argued prop- ping up the yen was a temporary

Producer Jason Cloth poses for photographers at the premiere of the film, Babylon, in London in 2023. Mr. Cloth has been accused of running a fraud scheme. SCOTT GARFITT/AP PHOTO

not been disclosed. For instance, between 2018 and 2021, Creative Wealth allegedly lentmorethan$50-milliontoare- al estate developer for the con- struction of townhouses in King- ston, without any written agree- ments and without informing in- vestors, according to the OSC’s application.

The securities watchdog also alleges that in some cases, the amount of funds that Creative Wealth raised for specific projects exceeded the amounts actually lent or specified in agreements. For example, the company raised US$3.7-million for the Ben Foster flick Leave No Trace, even though the agreement stipulated that the maximum amount to be raised for that project was US$2.5-

with the Alberta government list- ed as the proponent. The pipeline would be owned by Trans Moun- tain, the Alberta Petroleum Mar- keting Commission and Pembina Pipeline Corporation. Pembina has a 10-per-cent ownership stake in the construc- tion, with the option to purchase an additional 10 per cent once the pipeline is operational. The government’s notice says Intergovernmental Affairs Minis- ter Dominic LeBlanc will work with the Alberta and B.C. govern- ments on the project. Julia Levin, an associate direc- tor at Environmental Defence, criticized the government for quietly beginning this process

fix that would not fix Japan’s un- derlying economic problems. “The yen is weak not because of speculators causing yen to be undervalued,” Mr. Brooks said. “The yen is weak and falling be- cause Japan has so much public debt.” Ed Al-Hussainy, a portfolio manager at Columbia Thread- needle Investments, said that politics was a factor in the Trump administration’s decision to come to Japan’s aid. Approval ratings for Japan’s Prime Minister, Sanae Takaichi, have slumped as the yen has

million. During Tuesday’s hearing, Mr. Chen read from transcripts of Mr. Cloth’s compelled examinations inJune,2023.Inoneexchange,Mr. Cloth said he didn’t tell his inves- torsabouttherealestatedealsbe- cause he was worried they would rush to withdraw their funds, leavinghimunabletorepaythem. “Mr. Cloth readily admits, had the respondents not engaged in fraud and made misrepresenta- tions, there would have been no repaymentpossible,andthecom- pany would have collapsed,” Mr. Chen said. He argued that the OSC’s evi- dence demonstrates that inves- tors suffered “real losses” – some of them to the tune of millions of dollars – as a result of the alleged fraud. Creative Wealth did eventually collapse, entering bankruptcy proceedings in October, 2023. The OSC is seeking orders againstboththecompanyandMr. Cloth, including that Mr. Cloth disgorgeanyfundsheobtainedby breaking Ontario securities law and that he pay an administrative penalty of up to $1-million for each breach. The watchdog is also request- ing that the tribunal remove Mr. Cloth and Creative Wealth from Ontario’s capital markets.

weakened, raising the cost of liv- ing in Japan. The United States has been seeking to bolster ties with Japan amid intensifying competition with China. Japan has also worked to deepen ties with the United States, pledging last year to invest more than US$500-billion in the American manufacturing. “Look at approval ratings of Takaichi in Japan and its pledges to invest in the U.S. and that tells you about the timing of every- thing,” Mr. Al-Hussainy said. The last time the United States intervened directly in currency

Telesat

The deal will expand Telesat’s Lightspeed network of satel- lites by 69, built by MDA Space in Montreal, bringing Telesat’s total number of fully-funded satellites from 156 to 225 and in- creasing the total value of MDA Space’s contract with Telesat by $474-million. “This contract ensures the Canadian Armed Forces will have access to secure, resilient and sovereign con- nectivity years earlier than originally planned,” said Dan Goldberg, Telesat’s president and CEO. The satellites will be launched by SpaceX on “already-se- cured” Falcon 9 rockets in addition to another Falcon 9 rocket that “remains subject to the completion of a launch services agreement,” according to Telesat. “The program is expected to create and sustain thousands of high-quality jobs in Canada, spur domestic exports, and ensureCanadaisattheforefrontoftheNewSpaceEconomy,” Telesat said in the press release. MDA Space CEO Mike Greenley said the satellites will play an important role in the North. “Reliable military communi- cation in the Arctic is a necessity for protecting Canadian sov- ereignty, maintaining situational awareness, co-ordinating joint operations with allies, and responding quickly to emer- gencies in a region where every minute counts,” Mr. Greenley said in the company’s press release. The contract marks the first significant investment for Ot- tawa’s Enhanced Satellite Communications Project – Polar (ESCP-P). The Department of National Defence said the total fundingrangefortheESCP-Pwillexceed$5-billion,whichwill provide the Armed Forces with ultra-high frequency narrow- band and wide-band satellite communications in the Arctic. The satellite constellation expansion follows a strategic partnership established in December, 2025, between the De- partment of National Defence, Telesat and MDA Space under the ESCP-P program. Atthetime,Canadaawardeda$2.92-millioncontracttoTe- lesat,inconjunctionwithMDASpace,toconductengineering and options analysis work. BMO Capital Markets analyst Thanos Moschopoulos said in a client note that the award isn’t a surprise, “although the specifics around the scope and timing for this phase of the program weren’t previously known.” The expansion will be funded through milestone-based payments from the Government of Canada starting in the third quarter this year, Telesat said. The DIA – launched in October, 2025 – is part of Canada’s push to strengthen its sovereign and military capabilities, in- cludingeffortstohitNATO’sspendingtargetoftwopercentof grossdomesticproductondefence,afteryearsofweakinvest- mentintheindustry.Theagencywasestablishedtofast-track military procurement processes by centralizing contract re- viewandapproval,andremovingredundantsteps,according to the Prime Minister’s Office. The agency oversees procure- ments valued at or above $100-million, while smaller con- tracts go through standard processes. The DIA said this pro- curement has the potential to create or maintain 2,600 jobs annuallyacrossCanadaandcontribute$335-millionannually to gross domestic product over approximately seven years. Defence Minister David McGuinty said the project will ac- celerate “the delivery of critical capabilities, defending Cana- da’s sovereignty and security, and strengthening our domes- ticdefenceindustrialbasetodeliverforCanadiansforyearsto come.”

during a long weekend. “Over the weekend, while Can- adians across the country are dealing with raging wildfires and the aftermath of severe flooding and heat waves, Prime Minister [Mark] Carney quietly moved for- ward with his oil pipeline plans,” Ms. Levin said in a statement. “It’s no wonder he didn’t want to draw attention to this environ- mentally and economically risky project, and the breakneck speed at which he wants to get it ap- proved without due oversight.” The proposed pipeline is a cen- tral component of an energy agreement between the federal and Alberta governments. The roughly 1,250-kilometre

markets to support the yen was in 1998 during the Asian financial crisis. The yen intervention also had echoes of last fall, when Mr. Be- ssent helped support the political fortunes of Javier Milei, the Presi- dent of Argentina, by propping up that country’s falling peso. At the time, Mr. Bessent said that the United States was prepared to offer loans to Argentina’s central bank, as well as direct currency purchases and purchases of U.S. dollar-denominated Argentine government debt from Treasur- y’s Exchange Stabilization Fund to keep Argentina’s economy afloat. The United States profited from the currency swap line deal with Argentina, making the bet a successful one for Mr. Bessent. It also worked out well for Mr. Milei, whose party won a resounding victory in the October elections. Although that move paid off, some still view the use of such ec- onomic tools for political purpos- es as questionable. “The U.S. is unwise to enter the market in support of the yen — even if it makes a small profit in doing so — unless it is part of a Japanese plan to tackle the fun- damental issues driving yen weakness,” said Mark Sobel, a for- mer Treasury official who is now the U.S. chair of the Official Mon- etary and Financial Institutions Forum. “After all, the Treasury’s Exchange Stabilization Fund isn’t a hedge fund.”

NEW YORK TIMES NEWS SERVICE

pipeline would carry upwards of one million barrels of crude oil from Bruderheim, Alta., to a port nearDelta,B.C.forshipmenttoin- ternational markets. The Conservatives helped the government pass the Building Canada Act more than a year ago and the government has so far moved three projects toward the national interest designation. Those projects are the Grays Bay road and port project in Nunavut, the Mackenzie Valley Highway in the Northwest Territories and the Nuclear Waste Management Or- ganization’s deep geological re- pository in Northern Ontario.

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GLOBE INVESTOR

S&P 500, Dow

and TSX hit record highs D

The S&P 500 and the Dow closed at record highs on Tues- day, powered by the latest batch of earnings from AI-related companies such as Caterpillar and Palantir that assuaged demand concerns, while crude prices and Treasury yields dropped on hopes for a deal in the Iran war. The Canadian benchmark stock index also closed at a record. Palantir Technologies soared 29.5 per cent and recorded its biggest daily percentage gain since February 2024, after raising its annual revenue forecast. Caterpillar, seen as a bellwether for the global industrial economy, jumped 5.6 per cent after raising its annual reve- nue growth forecast, as the buildout of AI data centers has fueled demand for its power-generation and construction equipment. Investors have been closely monitoring results from AI- linked companies this earnings season for any signs the massive spending in the space will be justified. Also supporting U.S. stocks was a drop of about 5 per cent in crude prices after a Qatari official said efforts to secure a diplomatic resolution to the conflict were continuing, while U.S. Treasury Secretary Scott Bessent said a deal with Iran to reopen the Strait of Hormuz could come within the next two days. The tumble in oil prices also dented expectations for a rate hike from the Federal Reserve at its September meeting down to 56.9 per cent from 67.2 per cent in the prior ses- sion, according to CME FedWatch, which contributed to a retreat in Treasury yields in both the U.S. and Canada. The yield on benchmark U.S. 10-year notes fell 5.72 basis points to 4.627 per cent. “I don’t sense one ounce of skepticism among investors, from oil to interest rates to equities,” said Jack Ablin, chief investment strategist and founding partner at Cresset Cap- ital Management in Chicago. “The earnings reports were certainly supportive, and that’s great news, but I’m not sure a handful of earnings reports justifies new records in the S&P.” The Dow Jones Industrial Average rose 907.47 points, or 1.71 per cent, to 54,085.88, the S&P 500 gained 136.02 points, or 1.79 per cent, to 7,736.52 and the Nasdaq Composite gained 671.10 points, or 2.59 per cent, to 26,584.99. The move in Caterpillar made it the biggest boost to the Dow Industri- als, accounting for about 280 to the upside for the average. The Dow recorded a closing high for a second straight day after notching its first since July 6 on Monday, while the S&P 500 on Tuesday secured its first closing record since July 2. Chip stocks, also seen as beneficiaries of AI-spending, surged. The Philadelphia Semiconductor index shot up 6.6 per cent and rose for a fourth straight session after tum- bling 20.6% in July. The S&P 500 tech sector gained 4.1 per cent as the best performing of the 11 major S&P sectors. The S&P/TSX Composite index ended up 575.45 points, or 1.6 per cent, at 35,801.59, marking its biggest one-day gain since April 30 and eclipsing the record closing high it posted last Tuesday. The TSX is now up more than 30 per cent year over year, but its gains over that period have been powered much more by the mining sector than tech. “The new record highs on both major markets puts an exclamation point on the near-four-year rally from the 2022 lows,” commented Douglas Porter, chief economist with BMO Capital Markets. “Casting even further back to pre-Covid days, the S&P 500 is now up 172% from the summer of 2019 (7 years ago), or 15% annual gains,” he said in a note. “Even after adjusting for the higher-than-normal inflation of that period, that’s still 11% per year, even before dividends. For the TSX, it’s been 12% and 8.7% since then.” On Tuesday, the TSX materials group advanced 5.2 per cent. The price of gold was up 0.6 per cent as the drop in oil prices tempered inflation fears.

Reuters, Globe staff

REUTERS

U.S. yen intervention signals perfect storm rising in FX and bond markets

JAMIE McGEEVER ORLANDO

OPINION

OPINION

he U.S. bond market has long had a dark cloud hang- ing over it: the threat that one of America’s biggest cred- itors, most likely China or Japan, might liquidate some of their enormous Treasuries holdings, driving up borrowing costs and triggering an economic and mar- ket crash. Markets have largely shrugged off this doomsday scenario for decades – and for good reason – but the historic joint U.S.-Japan currency intervention last week is a reminder that they shouldn’t get complacent. For years, most experts be- lieved that China, America’s main economic and geopolitical rival, would be the country likely to trigger such a crisis. But Beijing’s stash of Treasuries has actually shrunk over the past decade. From a purely financial per- spective, Japan, arguably Ameri- ca’s biggest ally in Asia, poses as much of a threat owing to the sheer scale of its exposure to U.S. debt. It’s officially America’s big- gest international creditor, to the tune of US$1.14-trillion. Of course, no one expects To- kyo to willingly light the fuse on this potential tinderbox, but that doesn’tmeanaccidentscan’thap- pen, particularly now. Markets face a perfect storm: extreme weakness in the yen, stress in

A man walks past an electronic screen displaying the current Japanese yen exchange rate against the U.S. dollar and other foreign currencies in Tokyo, on Monday. ISSEI KATO/REUTERS

Japanese government bonds (JGBs) and parts of the Treasury curve, and credibility issues at both the Federal Reserve and Bank of Japan. This may help explain U.S. Treasury Secretary Scott Be- ssent’s unconventional joint cur- rencyinterventionwithJapanlast Friday to support the ailing yen, which had fallen to a 40-year low against the dollar, while JGB yields hit record highs. The veteran currency trader may have feared that volatility in JGBs could spill over into the U.S. bondmarketatatimewhenlong- er-term yields were already hit- ting multi-decade highs. That would not be an unreasonable worry. While the US$29-trillion U.S. Treasury market is the most liquid in the world, prices would not be completely immune to sig-

Bond markets fear red-hot

U.S. economy may be overstimulated

MIKE DOLAN LONDON

espite erratic politics and global conflict, the U.S. economy is building a powerful head of steam — and risks overheating. Step back from the daily noise and the picture is clear: fiscal largesse, loose finan- cial conditions, booming busi- ness investment and near-zero real interest rates are all stoking the economic engine. If inflation returns to its target in that environment with no tightening of either fiscal or monetary policy, that would be extraordinary. But it also explains why stock markets are refusing to retreat in the face of wild single-stock swings, recent hedge fund stress, and gnawing doubts about whether this is the high-water mark of the AI wave. Investors pursuing “buy the dip” strate- gies, or merely rotating portfo- lios across sectors, seem unwill- ing to raise cash. Stock markets remain close to record highs after a 50 per cent gain in major U.S. equity indexes over the past two years, and an- other 10 per cent in the first half of this year. That’s buoying asset wealth for the richer cohorts of the population who account for the bulk of the consumption that drives the economy, encouraging greater spending out of disposa- ble income and allowing compa- nies to pad out margins in a cir- cular flow. Only rising bond yields appear to be a red flag. Two big numbers stood out over the past week: estimated annual profit growth accelerated to nearly 50 per cent for S&P 500 firms through the latest quarter; and, despite an underwhelming inflation-adjusted headline num- ber, nominal U.S. GDP clocked an annualized growth rate of almost 8 per cent in the second quarter. Although the outsized 6.3-per- cent rise in the GDP deflator — which accounts for overall infla- tion in the report — was largely energy-related, demand compo- nents were strong. This nominal GDP growth rate has only been topped twice over the past three years and is almost twice the 25- year average. Consumer spend- ing surged 3.2 per cent, while business investment in equip- ment raced ahead at a 15-per- cent pace. Fueled by an AI frenzy that’s drawing more than US$1-trillion in capex from the “hyperscalers” building infrastructure this year alone, annual U.S. profit growth is tracking at a whopping 47 per cent, more than halfway through the reporting season, LSEG data shows. That’s twice the rate ex-

Two big numbers stood out over the past week: estimated annual profit growth accelerated to nearly 50 per cent for S&P 500 firms through the latest quarter; and, despite an underwhelming inflation-adjusted headline number, nominal U.S. GDP clocked an annualized growth rate of almost 8 per cent in the second quarter.

nificant Japanese selling. Moreover, any unraveling of the ties that bind the world’s two biggest bond markets and the world’s second-most important exchange rate could ripple through the financial system in unexpected and dangerous ways. U.S. Treasuries, JGBs and the yen have all undergone periods of heavy stress in recent decades, but rarely have all three been un- der such pressure at the same time. And this comes as market confidenceinnewFedchairKevin Warsh and the BOJ is running dry. Mr. Warsh appeared ambivalent about the Fed’s 2-per-cent infla- tion target during his press con- ference last week after the central bank left interest rates on hold, which unnerved the bond market. The “term premium,” an estimate of the extra compensa-

Traders work on the floor at the New York Stock Exchange on Tuesday. Markets remain close to record highs after a 50 per cent gain in major U.S. equity indexes over the past two years. JEENAH MOON/REUTERS

pected just a month ago and three times the January estimate. The surprise stems as much from blowout quarters at major banks and Big Oil companies as from stellar technology earnings.

With revenue growth running at a more modest 14 per cent, the extent of the margin expansion is clear. “Margins have been the driv- ing force as they reach new highs,” according to a Barclays readout of the earnings season so far, which pointed to clear strength in the technology and energy sectors, as well as in ma- terials and consumer staples. Several factors are colliding. Stephen Jen and Fatih Yilmaz at Eurizon SLJ reckon that the sort of “demand destruction” that expensive energy and high inflation would normally cause isn’t happening to temper prices this time. Consumers appear far less price-sensitive than in the past. They blame the scale of fis- cal spending still in the system, which shows no sign of being re- versed, and posit a “fiscal stimu- lus-price spiral” rather than the traditional “wage-price spiral” of

tion investors demand for buying 10-year Treasuries, spiked sharply in response. Ultra-long Treasury yields also leaped to their highest level since 2007. This may indicate that in- vestors think the Fed will accept higher-for-longer inflation, and that Mr. Warsh would rather let the market tighten financial con- ditions than raise policy rates. That’s a dangerous path for poli- cymakers, as it risks unmooring inflation expectations and de- stroying central bank credibility. Meanwhile, in Japan, the situa- tion is even more precarious. Long-dated JGB yields have shot up to all-time highs, while the two-year and benchmark 10-year JGB yields have hit their loftiest levels in three decades. This reflects investors’ con- cerns about Japan’s monetary and fiscal policy. While the BOJ is “normalizing” policy after dec- ades of holding interest rates near zero, it is raising them at a chron- ically slow pace. Japan’s nominal policy rate of 1 per cent is deeply negative in real terms, the lowest in the developed world. Investors are thus losing confidence in the central bank, just as they are also callingintoquestionPrimeMinis- ter Sanae Takaichi’s plans for a re- cord-breaking spending splurge. Given this backdrop, it’s little wonder that the yen found itself at a 40-year low near 164 a dollar last week. On a real effective ex- change rate (REER) basis, it has never been lower. Cue the ex- traordinary co-ordinated inter-

past cycles. Underlining their thesis, the note says that while AI-related capex is topping US$1-trillion, the federal government is run- ning budget deficits of more than US$2-trillion a year. Those defi- cits were further increased by last year’s fiscal bill of tax cuts and additional spending, with similar deficits forecast through the next decade. “Huge and persistent transfers through the government have sustained aggregate demand in the U.S., preventing the demand curve from staying flat and giv- ing corporations and producers greater pricing power. These vari- ables are all linked; the causality goes from fiscal stimulus to grea- ter pricing power, to inflation, we think,” they concluded. Of course, there is another loop too. High and rising equities and real estate prices allow the top 25 per cent of earners to spend even more. Their asset wealth allows them to keep buy- ing regardless of 3 per cent to 4 per cent inflation or gas-price volatility. Their collective spend- ing power lets companies keep expanding margins, while the re- sulting earnings and stock-price windfall further boost equity wealth among richer house- holds. The obvious question is: where does it end? To the extent that relatively unchecked corpo- rate pricing power is inflationary, the Federal Reserve could do quite a lot — and is far from pow- erless in the face of supply or ca- pex shocks. Two quick interest- rate hikes over the remainder of the year could cool equity values, spending and margin expansion and increase the chances of tamping down inflation for asset- poor households, who suffer most from it. If the Fed doesn’t want to do it, the bond market just might.

ventionbetweenWashingtonand Tokyo. It’scertainlynotJapan’sfirstin- tervention in recent years. The Ministry of Finance has conduct- ed several rounds of yen-buying since 2022, amounting to more thanUS$300-billion.Someofthat was financed via dollar deposits held by Japan, repurchase facili- ties, and swaps. But some of it in- volved the sale of U.S. bonds. Which brings us back to what may be keeping policy makers in Washingtonupatnight.Anylarge sale of U.S. Treasuries could put further upward pressure on yields. A steep rise in borrowing costs, especially from current levels, is in no one’s interest, especially not President Donald Trump and Sec- retary Bessent, whose sensitivity to the 10-year yield is a matter of public record. Some investors say a 10-year Treasury yield of 5 per centisaceilingtheTrumpadmin- istration will not want to see breached, especially with the midterm elections only a few monthsawayandtheU.S.stuckin a seemingly intractable war with Iran. History has shown that inves- tors and policymakers have been right to ignore the risk of a Trea- sury fire sale over the past few decades, no matter how much perma-bears have “cried wolf.” But history also shows that the biggest risk in markets is the be- lief that there is none.

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D

5.2

Your adult child should be paying you rent

Experts say you should consider these four factors if your kids are still living at home

EMILY LATIMER

oung adults today face eco- nomic hurdles that make it difficult to live on their own, including housing afforda- bility, a difficult job market, and surging costs for basic goods such as groceries and gas. For many, the best option is to live at home with their parents. This arrangement has become common. According to an Au- gust, 2025, Statistics Canada re- port, based on the most recently published census data, 57 per cent of those aged 20 to 24 lived with their parents in 2021. It’s a tricky dynamic, though, and establishing clear financial expectations when an adult child moves home – or as soon as it be- comes clear a child over the age of 18 has no plans to move out – around rent contributions, household expenses and grocery bills helps avoid misunderstand- ings. And ideally, the adult child becomes financially independent while living at home. “You want to provide them a safety net, but not a safety ham- mock,” said Amy Dietz-Graham, a senior wealth adviser with Na- tional Bank Financial. “The goal is really to prepare them for re- sponsibilities they’re going to have when they live on their own.” Here are four things to consid- er if your adult child is living un- der the same roof:

Three high-yielding dividend payers with insider buying

TED DIXON

OPINION

CEO of INK Research, which provides insider news and knowledge to investors

ividend stocks are facing stiffer competition from governmentbondsasbond yields rise. Today, I am going to look at three dividend stocks that currently offer yields significantly higher than Canadian govern- ment bonds. A key challenge with high- yielding dividend stocks is assess- ing their sustainability. Credit analysis is a core element of such an assessment, but looking at the level of insider commitment can also be helpful. If insiders buy a stock with a high yield, they are signalling confidence about the stock’s prospects. With that in mind, I am focusing on three high-dividend payers with net in- sider buying over the past six months. First, let me add an important consideration. Generally, insiders can be as susceptible as anyone to wishful thinking. Even if insiders have bought a stock that cuts or halts a dividend, they will likely continue to receive their pay- cheque from the company as downward dividend adjustments are made to defend the financial situation at the firm. In other words, insiders who bought the stock may still get

EYE ON EQUITIES DAVID LEEDER

TELUS (T-TSX) CLOSE $13.39, UP 1¢ POWER CORP. OF CANADA (POW-TSX) CLOSE $95.94, UP 14¢ ALIMENTATION C-T (ATD-TSX) CLOSE $93.13, UP $2.12 MAGNA INTERNATIONAL (MGA-NYSE) CLOSE US$70.04, UP $2.17 FORTIS (FTS-TSX) CLOSE $79.61, DOWN 19¢

In response to a higher-than-ex- pected 55-per-cent dividend cut, “light” second-quarter results and a guidance reduction that was steeper than the Street’s fore- cast, National Bank Financial analyst Adam Shine downgraded Telus Corp. to a “sector perform” recommendation from “outper- form” previously. “We’re com- pelled to go to the sidelines as we digestthematerialdisconnectbe- tween Telus’ old and new out- look,” he said. Target: His target fell to $15 from $19. Consenus is $15.98.

If your adult child isn’t paying for personal expenses, it’s time to make that transition and build financial literacy. COLE BURSTON/THE GLOBE AND MAIL

GET THEM OFF THE FAMILY PHONE PLAN

First, if your child isn’t already paying for personal expenses – including their cellphone bill, gas, car insurance and similar ex- penses – it’s time to make that transition and build financial lit- eracy. “It’s very common to meet kids in their mid-20s whose par- ents still won’t allow them to have a credit card,” Ms. Dietz-Gra- ham said. “We’re almost delaying adulthood. If they haven’t learned these skills, it’s a really big challenge for both the parents and the kids.” Ms. Dietz-Graham tells clients their children should book an ap- pointment with a financial advis- er as soon as they turn 18. They can discuss budgeting, saving, credit ratings and investing, which can boost the young adult’s confidence. “Parents,

Vital Infrastructure Property Trust (VITL) insider trades

Insider buy Insider sale

$6.0

5.8

5.6

5.4

April 2026 May June July Aug. 5.0

THE GLOBE AND MAIL, SOURCE: BARCHART; INK RESEARCH CORP.

their paycheques, even if share- holders see their payouts reduced or eliminated. The risk is not sym- metrical. The stock of enterprise soft- warecompanyEnghouseSystems Ltd. has slipped 8.2 per cent over the six months that ended July 31, asinvestorsworriedabouttheim- pact artificial intelligence would have on the company’s business. Revenueforthesecondquarter that ended April 30 was down 8.4 per cent from Q2 2025. But net in- come was $16.3-million, or 30 centspershare,upfrom$13.5-mil- lion, or 24 cents per share, in the comparable period. The improve- ment was helped by a 13.4-per- cent reduction, year-over-year, in Q2 operating costs. Enghouseused$16.4-millionin cash to pay a dividend of 31 cents

Seeing Power Corp. of Canada’s net asset value growth providing an “upside opportunity,” Jefferies analyst John Aiken upgraded his rating for its shares to “buy” from “hold” previously. “As Power’s main operating subsidiaries are receiving increasing premium valuations, POW has not received the same treatment, he ex- plained. Target: Mr. Aiken hiked his target by 23 per cent to $114 from $90. Consensus is $97.50.

don’t book the meeting,” Ms. Dietz-Graham says. “Your 18- year-olds have to call, book the meeting, learn how to deal with a professional.” After that, parents can intro- duce other financial obligations – such as shared household ex- penses – that adult kids need to chip in for on the path to becom- ing financially independent.

SET A DEADLINE, IN WRITING

According to Joel Fox, co-founder of Ownright, a real estate closing company, parents should clearly define the timeline the adult child will be living at home – whether that’s one year, or until they reach a certain financial goal, such as saving for a down payment. If an adult child plans to live at home, both parties should agree on the outcome and timeline in a written agreement – much like tenants would sign a

per share for the quarter, which was supported by $31.6-million in net cash provided by operating activities. In Enghouse’s Q2 conference call,chairmanandchiefexecutive Stephen Sadler addressed the AI issue. He indicated that the com- pany is exploring the use of lead- ing language models for internal productivity enhancements and building solutions that offer a re- turn on investment. Investors may be fretting over the impact of AI on Enghouse’s business, but on June 12, director Paul Stoyan bought a total of 10,000 common shares in the public market at an average price of $16.06. Vital Infrastructure Property Trust’s portfolio consists of 58 in- patient facilities, 73 outpatient fa-

Stifel analyst Martin Landry sees Alimentation Couche-Tard Inc.’s US$8.7-billion all-cash acquisi- tion of Polish convenience retail- er Zabka Group SA as “a fair price for a premium growth asset.” Giv- en this is not a turnaround story, it reduces the execution risk for Couche-Tard,” he noted. Target: Maintaining his “buy” rating, Mr. Landry raised his tar- get to $110 from $102. Consensus is $103.50.

rental agreement. Kelly Ho, partner and certified financial planner at DLD Finan- cial Group, says informal verbal agreements tend to breed resent- ment. Before drafting a written document, both parties should have a family meeting to discuss and negotiate expectations – both financial and otherwise. Non-financial considerations (i.e. garbage duties, grocery bills, overnight guests, household chores) should also be discussed and included. Importantly, Mr. Fox says the agreement doesn’t have to be formal or lawyer-led. It can just be a shared note with general expectations to prevent resentment and drama.

CHARGE THEM – EVEN IF YOU GIVE IT BACK

Stacy Yanchuk Oleksy, chief exec- utive officer of Money Mentors, an Alberta-based credit counsel- ling agency, strongly suggests parents charge rent and be clear about expectations around household contributions. “By set- ting those boundaries and stay- ing really firm with them, every- body is happier. Clarity is kind- ness in this situation,” she said. Ms. Dietz-Graham says some clients don’t want to burden their adult kids by “taking money” from them. “But a bit of burden is usually a helpful thing,” she said. Recurring bills are a feature of adult life, so having financial re- sponsibilities clearly defined, and even automated, can help boost confidence and build resilience while the adult child works to- wards their financial goals. For example, parents can charge their adult children $500

cilities, and three other health re- search facilities throughout North America, Brazil, Europe and Australia. Its assets are either owned in partnership with insti- tutional investors or owned di- rectly by the real estate invest- ment trust. It currently pays a monthly distribution of 3 cents per unit, or 36 cents per unit pro- spectively on an annual basis, which represents a yield of 6.4 per cent based on its July 31 close of $5.59. In the first quarter, the REIT re- ported a net loss attributable to unitholders of $3.8-million, or 2 cents per unit, a deterioration from a loss of $890,000, or nil per unit, in Q1 2025. However, the REIT reported adjusted funds from operations (a non-GAAP measure) of 10 cents per unit, the same as the comparable period a year earlier. For Q1, that repre- sents a reported payout ratio of about 87 per cent. The REIT will report Q2 results on Aug. 12 after the markets close. The REIT’s unit price has been range-bound over the past six months, and insiders have been buying. During the period, two in- siders were net buyers of a total of $454,983 worth of units. Trustee Peter Aghar was the most recent buyer, picking up 50,000 units at an average price of $5.28 from June 3 to June 19. Small-cap Petrus Resources Ltd. provides a monthly distribu- tion of one cent per share, or 12 cents per share prospectively on an annual basis, for a prospective

In a client report titled The Weighting Is the Hardest Part, Scotia Capital analyst Jonathan Goldman said investors’ negative reaction to Magna International Inc. on Friday brings a buying op- portunity. “Consensus and the market are overly focused on quarters rather than full-year,” he said. Target: Maintaining his “sector outperform” rating for Magna shares, he raised his target to US$78 from US$74. Consensus is US$68.

on the first of each month to cov- er household expenses. Parents who can afford to can put the money in a savings account and give it back to them the day they move out. “It’s not about taking money from them,” Ms. Dietz- Graham said. “It’s about setting a good savings habit.”

MAKE PAYMENT PLANS FLUID, NOT FLAT

Bills can fluctuate, so Mr. Fox sug- gests parents charge adult kids a percentage of various household expenses rather than a flat rate called “rent.” Sometimes, Mr. Fox says new homeowners are shocked at the many bills required to run a household. While it’s tempting to simplify and charge a blanket amount, adult children can be better prepared for living on their own by seeing a variable cost breakdown. For example, if the total amount of electricity or grocery bills were more expensive one month, the adult child is still re- sponsible for covering a defined portion, such as 20 per cent. “It helps the adult child understand there’s variability to living ex- penses, and what they consume has an impact,” he said. Similarly, Ms. Yanchuk Oleksy suggests sitting down with the adult child to go over the various expenses it takes to run a house- hold as a homeowner, like the property tax bill, maintenance fees or snow removal costs. “Sav- ing for a down payment is just the first step,” she said. “It’s not even close to the whole picture.”

Special to The Globe and Mail

annualized yield of 6.9 per cent as of its July 31 close of $1.73. In Q1, Petrus used $1.2-million to pay dividends. Capital spend- ing on drilling and other activities was $21.5-million. Petrus reported fundsflowpershare(anon-GAAP measure) of $13.3-million, or 10 cents per share, compared to $12.5-million, or 10 cents per share, in Q1 2025. On July 30, the company re- leased its production report for June. Estimated production aver- aged 12,010 barrels of oil equiva- lent per day, weighted approxi- mately64percentnaturalgasand 36 per cent liquids. June provided a good picture of overall produc- tionaftertherecentacquisitionof oil-weighted Cardium assets in the Harmattan area of central Al- berta. Petrus expects an average production of 11,000 to 12,000 boe/d in 2026, annual funds flow of$60-millionto$65-million,and year-end net debt of $75-million to $80-million. Over the past six months, Pe- trus stock is down 7.5 per cent and insiders have spent $324,566 ac- quiring shares, when both option exercises and public-market transactions are included. In all, a net 35,954 shares were sold into the public market, while 222,980 shares were acquired through option exercises, repre- senting a net acquisition of 187,026shares.Generally,itcanbe a bullish sign when insiders exer- cise options and do not sell all their newly acquired shares into the public market.

Following in-line second-quarter results, Fortis Inc. is “addressing affordability head on,” according to RBC Dominion Securities ana- lyst Maurice Choy, emphasizing the St. John’s-based utility “con- tinued to highlight how its initia- tives across its utilities have helped deliver rate benefits to customers. Target: Keeping a “sector per- form” rating, Mr. Choy increased his target to $89 from $80. Con- sensus is $83.22.

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MARKETS

U.S.

TSX INDEXES AND SUB INDEXES

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TSX COMPOSITE IND 35801.59 575.45 1.63 363516 12.89 TSX 60 INDEX 2109.58 26.31 1.26 177855 13.42 TSX COMPLETION IN 2304.23 70.80 3.17 185660 10.80 TSX SMALLCAP INDE 1396.91 31.05 2.27 112609 16.74 TSX VENTURE COMPO 898.89 31.76 3.66 56918 -9.00 TSX CONSUMER DISC 413.48 4.18 1.02 6105 8.07 TSX CONSUMER STAP 1332.91 3.86 0.29 8088 7.65 TSX ENERGY CAPPED 421.78 -12.39 -2.85 58633 40.40 TSX FINANCIALS CA 772.53 5.96 0.78 48624 23.11 TSX HEALTH CARE C 23.83 -0.60 -2.46 3459 8.81 TSX INDUSTRIALS C 530.78 15.72 3.05 20640 13.66 TSX INFORMATION T 325.16 21.54 7.09 11467 -0.44 TSX MATERIALS CAP 744.74 36.62 5.17 112070 -0.66 TSX REAL ESTATE C 318.70 -2.67 -0.83 7959 0.73 TSX GLOBAL GOLD I 771.89 36.04 4.90 140323 -5.55 TSX GLOBAL MINING 227.03 11.72 5.44 376018 8.28 TSX INCOME TRUST 247.96 -5.02 -1.98 8588 12.59 TSX PREFERRED SHA 718.78 -1.63 -0.23 382 3.24 TSX COMMUNICATION 146.77 0.38 0.26 36560 -6.43 TSX UTILITIES CAP 407.55 -3.08 -0.75 17544 15.68

TSX GAINERS TOP 20 FOR STOCKS $1 OR MORE

PLTU SAVVYLONG 2X 27.50 10.87 65.36 13 15.64 TSAT TELESAT CORP 76.84 24.77 47.57 177 94.19 PLHI NINEPOINT PA 10.50 2.70 34.62 13 5.21 ORBU SAVVYLONG 2X 7.28 1.80 32.85 78 -61.48 PLTE HARVEST PALA 18.60 4.54 32.29 1014 -27.37 PLTR PALANTIR CDR 12.30 2.99 32.12 2518 -9.89 CRWV COREWEAVE CD 17.34 3.70 27.13 289 -29.11 TINY TINY LTD 7.50 1.47 24.38 10 -21.88 OILD SAVVYSHORT G 2.84 0.55 24.02 264 -83.01 SOXU MEGALONG 3X 42.86 8.09 23.27 110 223.59 TLO TALON METALS 6.04 1.01 20.08 928 0.67 IE IVANHOE ELECTR 14.98 2.48 19.84 32 -31.75 SXHI NINEPOINT SP 5.62 0.93 19.83 18 -45.01 SPXE HARVEST SPAC 8.28 1.33 19.14 523 -43.67 SXGC SOUTHERN CRO 10.69 1.69 18.78 600 0.94 AMDU SAVVYLONG 2X 20.13 3.17 18.69 56 -6.81 RDDY HARVEST REDD 5.13 0.79 18.20 126 -47.97 SNDK SANDISK CDR 34.88 5.32 18.00 843 7.79 HOD BETAPRO CRUDE 30.60 4.61 17.74 1362 -78.86 SOFY HARVEST SOFI 5.51 0.81 17.23 234 -45.06

S&P/TSX COMPOSITE INDEX STOCKS LARGEST STOCKS BY MARKET CAPITALIZATION

VNP 5N PLUS INC. 29.79 -2.79 -8.56 2473 68.12

ABRA ABRASILVER R 14.54 0.96 7.07 703 36.14 AAV ADVANTAGE ENE 10.80 -0.20 -1.82 794 -8.01 ARE AECON GROUP I 49.25 4.02 8.89 869 57.45 AEM AGNICO EAGLE 211.83 8.31 4.08 1613 -8.99 AC AIR CANADA 26.53 1.16 4.57 2743 37.53 AGI ALAMOS GOLD I 40.42 1.46 3.75 2504 -23.74 AQN ALGONQUIN POW 8.16 -0.04 -0.49 3615 -3.32 ATD ALIMENTATION 93.13 2.12 2.33 3110 24.24 AAUC ALLIED GOLD 26.37 0.93 3.66 3603 -16.15 AP-UN ALLIED PROP 9.82 0.00 0.00 739 -26.55 ALA ALTAGAS LTD. 55.58 -0.20 -0.36 1161 32.81 ALS ALTIUS MINERA 60.28 2.29 3.95 377 47.60 AIF ALTUS GROUP L 46.68 -0.14 -0.30 423 -17.69 USA AMERICAS GOLD 6.17 0.84 15.76 2428 -12.36 ARX ARC RESOURCES 33.07 -0.46 -1.37 2309 28.43 ARIS ARIS MINING 20.75 2.02 10.78 748 -6.78 ATZ ARITZIA INC 140.21 0.53 0.38 1337 19.48 ACO-X ATCO LTD. C 79.95 0.14 0.18 438 41.81 ATH ATHABASCA OIL 10.06 -0.30 -2.90 3821 43.10 ATRL ATKINSREALIS 91.16 4.27 4.91 717 2.89 ATS ATS CORPORATI 39.58 1.33 3.48 370 4.68 ASM AVINO SILVER 8.31 0.89 11.99 798 -2.69 AYA AYA GOLD AND 32.18 4.64 16.85 2466 63.85

AC AIR CANADA 26.53 1.16 4.57 2743 37.53 ALZ ALLIANZ CDR ( 32.42 -0.19 -0.58 10.42 AMZN AMAZON.COM C 31.69 0.73 2.36 1076 18.20 ANET ARISTA NETWO 34.19 1.82 5.62 50 42.99 AYA AYA GOLD AND 32.18 4.64 16.85 2466 63.85 BOFA BANK OF AMER 31.46 0.41 1.32 7 12.60 LCS BROMPTON LIFE 12.74 0.01 0.08 9 29.01 BIP-PR-E BROOKFIE 26.04 -0.36 -1.36 3 0.23 BPO-PR-X BROOKFIE 12.83 0.06 0.47 14.35 CAPQ CAPITAL GROU 25.53 0.97 3.95 2.99 CCL-B CCL INDUSTR 95.01 2.06 2.22 375 9.58 CGX CINEPLEX INC. 12.82 -0.10 -0.77 518 21.63 CSW-B CORBY SPIRI 15.85 0.32 2.06 3 11.46 CIU-PR-C CU INC P 21.50 0.10 0.47 1 21.26 CIU-PR-A CU INC. 21.50 -0.06 -0.28 1.70 DACL DESJARDINS C 20.54 0.31 1.53 2 3.22 DAGL DESJARDINS G 20.86 0.79 3.94 1 3.78 ENB-PR-D ENBRIDGE 24.07 -0.02 -0.08 9 10.11 ENB-PR-N ENBRIDGE 25.91 -0.01 -0.04 2 6.28 MHC-U FLAGSHIP CO 21.30 -0.20 -0.93 9 6.50

BTO B2GOLD CORP. 5.48 0.23 4.38 6490 -11.33 BCE BCE INC. 30.95 0.54 1.78 9178 -5.47 BDGI BADGER INFRA 95.11 6.25 7.03 318 30.06 BMO BANK OF MONTR 253.05 1.58 0.63 4383 41.96 BNS BANK OF NOVA 122.68 -0.29 -0.24 6123 21.19 ABX BARRICK MININ 53.74 2.29 4.45 9035 -10.12 BHC BAUSCH HEALTH 9.07 -0.58 -6.01 1538 -4.83 BTE BAYTEX ENERGY 5.96 -0.43 -6.73 6638 34.23 BIR BIRCHCLIFF EN 6.22 -0.17 -2.66 2362 -16.73 BDT BIRD CONSTRUC 70.22 3.35 5.01 306 146.21 BB BLACKBERRY LIM 12.48 0.55 4.61 2725 140.93 BEI-UN BOARDWALK 65.64 -0.61 -0.92 76 1.80 BBD-B BOMBARDIER 363.50 25.76 7.63 462 55.67 BLX BORALEX INC. 37.09 0.01 0.03 341 46.43 BYD BOYD GROUP SE 149.37 4.46 3.08 75 -31.68 BAM BROOKFIELD AS 73.16 5.35 7.89 2763 1.75 BBUC BROOKFIELD B 43.67 2.09 5.03 130 -10.97 BN BROOKFIELD COR 62.81 3.23 5.42 2709 -0.33 BIP-UN BROOKFIELD 56.14 -2.48 -4.23 586 17.67 BEP-UN BROOKFIELD 46.59 0.65 1.41 249 25.61 DOO BRP INC 90.63 4.01 4.63 273 -6.62

CAR-UN CDN APARTM 34.74 0.08 0.23 354 -5.78 CNQ CDN NATURAL R 64.93 -1.85 -2.77 5960 39.66 GIB-A CGI INC 104.86 2.25 2.19 902 -17.29 CRT-UN CT REAL ES 18.17 -0.47 -2.52 389 11.68 CAE CAE INC 37.70 1.54 4.26 1316 -9.68 CCO CAMECO CORP 130.98 10.00 8.27 1798 4.22 CM CANADIAN IMPER 166.06 0.02 0.01 1585 33.46 CNR CANADIAN NATI 179.05 0.80 0.45 1993 31.90 CP CANADIAN PACIF 127.42 2.90 2.33 1721 26.10 CTC-A CANADIAN TI 205.29 0.69 0.34 266 18.02 CU CANADIAN UTILI 55.57 -0.15 -0.27 944 30.05 CPX CAPITAL POWER 67.32 1.45 2.20 837 14.98 CS CAPSTONE COPPE 14.44 1.13 8.49 3417 4.79 CJT CARGOJET INC. 88.51 4.02 4.76 84 5.44 CCL-B CCL INDUSTR 95.01 2.06 2.22 375 9.58 CLS CELESTICA INC 523.74 59.87 12.91 655 29.00

ETFS STOCKS $1 OR MORE

DLR-U GLOBAL X US 10.12 0.00 0.00 1815 -0.20 DLR GLOBAL X US D 14.24 0.06 0.42 1163 2.30 HHIS HARVEST DIVE 11.18 0.75 7.19 2866 -8.66 HNU BETAPRO NAT G 7.42 -0.49 -6.19 2419 -54.48 HOD BETAPRO CRUDE 30.60 4.61 17.74 1362 -78.86 HOU BETAPRO CRUDE 16.30 -3.49 -17.64 1927 85.86 HYLD HAMILTON ENH 15.98 0.72 4.72 789 8.27 PLTE HARVEST PALA 18.60 4.54 32.29 1014 -27.37 QQD BETAPRO NASDA 22.82 -2.66 -10.44 534 -31.37 QQU BETAPRO NASDA 38.89 3.50 9.89 913 29.12 SPXD BETAPRO SP50 8.73 -0.61 -6.53 750 -21.91 SPXE HARVEST SPAC 8.28 1.33 19.14 523 -43.67

COMMODITIES

TSX VOLUME TOP 20 FOR STOCKS $1 OR MORE

T TELUS CORPORATI 13.39 0.01 0.07 22159 -25.98 ENB ENBRIDGE INC 75.09 -1.19 -1.56 13135 14.33 EQX EQUINOX GOLD 13.50 0.94 7.48 10805 -30.02 BCE BCE INC. 30.95 0.54 1.78 9178 -5.47 ABX BARRICK MININ 53.74 2.29 4.45 9035 -10.12 MFC MANULIFE FIN 62.98 0.72 1.16 8100 26.36 TD TORONTO-DOMINI 167.90 -0.14 -0.08 8050 29.79 GMIN G MINING VEN 45.90 3.17 7.42 7246 10.63 CVE CENOVUS ENERG 40.38 -1.89 -4.47 6830 73.90 BTE BAYTEX ENERGY 5.96 -0.43 -6.73 6638 34.23 BTO B2GOLD CORP. 5.48 0.23 4.38 6490 -11.33 BNS BANK OF NOVA 122.68 -0.29 -0.24 6123 21.19 WCP WHITECAP RESO 16.27 -0.27 -1.63 6053 41.48 CNQ CDN NATURAL R 64.93 -1.85 -2.77 5960 39.66 K KINROSS GOLD CO 33.18 0.86 2.66 5458 -14.17 OLA ORLA MINING L 13.46 0.92 7.34 4941 -27.09 IVN IVANHOE MINES 10.83 0.76 7.55 4884 -30.62 SU SUNCOR ENERGY 90.79 -3.35 -3.56 4800 49.03 TRP TC ENERGY COR 91.96 -2.44 -2.58 4468 21.67 BMO BANK OF MONTR 253.05 1.58 0.63 4383 41.96

CVE CENOVUS ENERG 40.38 -1.89 -4.47 6830 73.90 CG CENTERRA GOLD 25.54 1.44 5.98 475 29.25 CEU CES ENERGY SO 16.63 0.29 1.77 554 35.53 CSH-UN CHARTWELL 21.89 -0.70 -3.10 563 8.91 CHP-UN CHOICE PRO 15.92 -0.04 -0.25 919 7.49 CCA COGECO COMMUN 60.58 1.48 2.50 176 -8.86 CIGI COLLIERS INT 139.20 1.36 0.99 156 -31.00 CSU CONSTELLATION 3224.99 222.00 7.39 114 -2.31 CRR-UN CROMBIE RE 17.14 -0.33 -1.89 287 12.25 CURA CURALEAF HOL 12.64 0.23 1.85 150 23.56

GMIN G MINING VEN 45.90 3.17 7.42 7246 10.63 GFL GFL ENVIRONME 59.23 1.34 2.31 909 0.46 GEI GIBSON ENERGY 31.43 -0.66 -2.06 834 25.12 GIL GILDAN ACTIVE 79.79 2.19 2.82 634 -6.99 GRT-UN GRANITE RE 92.56 -3.65 -3.79 106 13.28 GWO GREAT-WEST LI 93.29 0.35 0.38 1535 37.82

IVN IVANHOE MINES 10.83 0.76 7.55 4884 -30.62

TRP TC ENERGY COR 91.96 -2.44 -2.58 4468 21.67 X TMX GROUP LIMIT 52.52 1.28 2.50 907 0.56 TVE TAMARACK VALL 13.17 -0.24 -1.79 3516 65.04 TECK-B TECK RESOU 91.02 6.66 7.89 1776 38.52 T TELUS CORPORATI 13.39 0.01 0.07 22159 -25.98 TVK TERRAVEST IND 116.41 2.18 1.91 110 -29.24 TFII TFI INTERNAT 199.26 9.87 5.21 445 40.45 NWC THE NORTH WES 50.78 -0.07 -0.14 62 3.82 TRI THOMSON REUTE 153.12 15.60 11.34 1133 -15.46 TPZ TOPAZ ENERGY 31.23 -0.42 -1.33 742 13.40 TXG TOREX GOLD RE 56.48 2.53 4.69 694 -13.82 TIH TOROMONT IND 221.93 11.06 5.24 522 33.65 TD TORONTO-DOMINI 167.90 -0.14 -0.08 8050 29.79 TOU TOURMALINE OI 60.87 -1.04 -1.68 2834 -1.14 TA TRANSALTA CORP 17.99 0.43 2.45 2248 3.63 TKO TREKOR METALS 11.01 1.55 16.38 2048 41.70 TFPM TRIPLE FLAG 42.03 1.76 4.37 177 -7.85 TSU TRISURA GROUP 42.28 0.62 1.49 226 -1.03

TSX LOSERS TOP 20 FOR STOCKS $1 OR MORE

SOXD MEGASHORT -3 1.43 -0.40 -21.86 700 -93.04 OILU SAVVYLONG GE 36.53 -8.91 -19.61 148 126.19 HOU BETAPRO CRUDE 16.30 -3.49 -17.64 1927 85.86 SQQQ BETAPRO -3X 7.28 -1.27 -14.85 842 -44.60 CGMD MEGASHORT -3 10.89 -1.83 -14.39 18 -47.39 QQQD MEGASHORT -3 6.82 -1.14 -14.32 100 -43.45 SRSL BETAPRO -3X 8.83 -1.19 -11.88 25 -48.51 BRE BRIDGEMARQ RE 4.39 -0.59 -11.85 243 -66.79 NVDD SAVVYSHORT - 10.85 -1.41 -11.50 121 -38.49 OBE OBSIDIAN ENER 13.40 -1.65 -10.96 706 59.14 SHPD SAVVYSHORT - 10.67 -1.25 -10.49 5 -12.33 QQD BETAPRO NASDA 22.82 -2.66 -10.44 534 -31.37 QQD-U BETAPRO NAS 16.30 -1.74 -9.65 11 -32.08 GDXD BETAPRO CDN 12.40 -1.32 -9.62 391 -24.11 SPYD MEGASHORT -3 9.15 -0.97 -9.58 81 -29.23 TSLD SAVVYSHORT - 12.58 -1.32 -9.50 59 33.55 SSPX BETAPRO -3X 9.63 -1.00 -9.41 139 -31.07 CMGS CHIPOTLE CDR 13.11 -1.31 -9.08 26 -10.51 MSTZ SAVVYSHORT - 8.08 -0.77 -8.70 63 -62.66 VNP 5N PLUS INC. 29.79 -2.79 -8.56 2473 68.12

SQQQ BETAPRO -3X 7.28 -1.27 -14.85 842 -44.60 TQQQ BETAPRO 3X N 37.98 5.20 15.86 908 38.71 UMAX HAMILTON UTI 13.25 -0.01 -0.08 1356 0.61 UTES EVOLVE CAD U 8.95 -0.07 -0.78 1094 -1.10 VEQT VANGUARD ALL 62.47 1.69 2.78 516 16.31 XEG ISHARES SP TS 26.97 -0.80 -2.88 2403 40.32 XEQT ISHARES CORE 46.01 1.21 2.70 1127 15.34 XIC ISHARES CORE 57.21 0.91 1.62 824 13.18 XIU ISHARES SP TS 53.41 0.65 1.23 4287 13.66 ZAG BMO AGGREGATE 13.69 0.07 0.51 609 -0.65 ZEB BMO EQUAL WEI 76.19 -0.09 -0.12 1018 30.69 ZWU BMO COVERED C 11.66 -0.08 -0.68 882 5.33

DFY DEFINITY FINA 81.78 1.75 2.19 278 7.70 DML DENISON MINES 4.20 0.25 6.33 3298 15.38 DSG DESCARTES SYS 108.90 3.62 3.44 622 -9.56 DSV DISCOVERY MIN 9.51 0.76 8.69 2972 13.48 DOL DOLLARAMA INC 190.90 -0.07 -0.04 777 -6.94 DPM DPM METALS IN 53.54 4.26 8.64 1100 26.21 DIR-UN DREAM INDU 13.88 -0.51 -3.54 885 10.33

EQB EQB INC 139.78 -2.31 -1.63 163 34.55 ELD ELDORADO GOLD 44.73 2.42 5.72 923 -9.32 EFN ELEMENT FLEET 32.16 0.70 2.23 592 -10.79 EMA EMERA INCORPO 73.66 -1.25 -1.67 1360 8.90 EMP-A EMPIRE COMP 51.28 -0.03 -0.06 518 7.46 ENB ENBRIDGE INC 75.09 -1.19 -1.56 13135 14.33 EDR ENDEAVOUR SIL 11.72 1.21 11.51 1007 -9.22 EFX ENERFLEX LTD 31.34 0.12 0.38 982 48.11 EFR ENERGY FUELS 18.11 2.05 12.76 1026 -8.90 EQX EQUINOX GOLD 13.50 0.94 7.48 10805 -30.02 ERO ERO COPPER CO 40.82 3.18 8.45 429 5.12 EIF EXCHANGE INCO 129.06 3.51 2.80 325 57.47 EXE EXTENDICARE I 34.51 -0.97 -2.73 781 61.64

FFH FAIRFAX FINAN 2407.07 59.51 2.53 70 -7.98 FTT FINNING INTL 99.75 6.85 7.37 627 34.13 FCR-UN FIRST CAPI 22.91 -0.02 -0.09 595 21.22 AG FIRST MAJESTIC 23.22 2.18 10.36 2802 1.40 FM FIRST QUANTUM 42.12 3.26 8.39 4034 14.46 FSV FIRSTSERVICE 198.93 1.46 0.74 190 -6.80 FTS FORTIS INC 79.61 -0.19 -0.24 2935 11.56 FVI FORTUNA MININ 12.73 0.92 7.79 1037 -5.35 FNV FRANCO-NEVADA 307.76 9.52 3.19 341 8.17 FRU FREEHOLD ROYA 17.10 -0.02 -0.12 716 12.57

HPS-A HAMMOND POW 268.98 18.29 7.30 108 68.66 HWX HEADWATER EXP 12.96 -0.29 -2.19 700 38.31 HR-UN HR REAL EST 11.03 0.01 0.09 458 7.82 HBM HUDBAY MINERA 34.79 2.98 9.37 3733 27.67 H HYDRO ONE LIMIT 57.98 -0.42 -0.72 1065 6.11

IAU I 80 GOLD COR 1.98 0.16 8.79 1156 -1.98 IAG IA FINANCIAL 207.12 -0.15 -0.07 455 16.47 IMG IAMGOLD CORP 20.85 1.01 5.09 1721 -7.95 IGM IGM FINANCIAL 90.93 3.77 4.33 770 47.11 IMO IMPERIAL OIL 179.56 -2.19 -1.20 1214 51.43 IFC INTACT FINANC 283.16 7.91 2.87 664 -0.90 IPCO INTERNATIONA 30.32 -1.28 -4.05 240 22.11

TSX 52-WEEK HIGHS STOCKS $1 OR MORE

TSX 52-WEEK LOWS STOCKS $1 OR MORE

AMAP AMAPA MINERA 1.07 0.02 1.90 785 -2.73 AVL AVALON ADVANC 4.76 0.06 1.28 33 -47.11 ZCDX BMO CREDIT S 29.58 -0.30 -1.00 BRE BRIDGEMARQ RE 4.39 -0.59 -11.85 243 -66.79 GOOS CANADA GOOSE 12.39 -0.14 -1.12 203 -30.35 CCA COGECO COMMUN 60.58 1.48 2.50 176 -8.86 HAI HAIVISION SYS 4.22 -0.04 -0.94 78 -19.47

JWEL JAMIESON WEL 41.55 0.20 0.48 162 23.48

KNT K92 MINING IN 24.30 1.77 7.86 963 7.10 KEL KELT EXPLORAT 9.64 -0.34 -3.41 660 25.68 KEY KEYERA CORP 58.39 -1.17 -1.96 1458 32.70 KMP-UN KILLAM APA 18.55 -0.04 -0.22 215 13.11 KXS KINAXIS INC 174.71 6.71 3.99 125 0.94 K KINROSS GOLD CO 33.18 0.86 2.66 5458 -14.17

LIF LABRADOR IRON 27.00 0.25 0.93 407 -9.61 LB LAURENTIAN BAN 40.29 0.01 0.02 121 -0.02 LSPD LIGHTSPEED C 14.66 0.52 3.68 749 -11.47 LNR LINAMAR CORP 105.67 2.28 2.21 200 27.37 LAC LITHIUM AMERI 4.33 0.32 7.98 1191 -27.47 L LOBLAW CO 65.31 -0.50 -0.76 1942 5.25 LUG LUNDIN GOLD I 81.60 3.11 3.96 1054 -28.43 LUN LUNDIN MINING 37.70 2.99 8.61 3700 27.80

MG MAGNA INTERNAT 98.66 2.52 2.62 2082 34.84 MFC MANULIFE FIN 62.98 0.72 1.16 8100 26.36 MFI MAPLE LEAF FO 29.00 0.40 1.40 187 16.33 MDA MDA SPACE LTD 48.10 5.66 13.34 1989 80.56 MX METHANEX CORP 75.31 -2.60 -3.34 322 38.34 MRU METRO INC 92.78 -0.40 -0.43 549 -6.08 MAU MONTAGE GOLD 17.11 1.25 7.88 1782 73.18 MTL MULLEN GROUP 27.28 -0.25 -0.91 379 73.32

NA NATIONAL BANK 226.10 -0.65 -0.29 994 30.99 NXE NEXGEN ENERGY 13.70 0.88 6.86 2427 8.47 NFI NFI GROUP INC 25.26 0.04 0.16 251 62.76 NGEX NGEX MINERAL 27.00 1.95 7.78 191 5.47 NPI NORTHLAND POW 21.70 -0.12 -0.55 1129 21.57 NG NOVAGOLD RES I 8.88 0.72 8.82 857 -30.63 NTR NUTRIEN LTD 94.21 -2.55 -2.64 1674 11.20

OR OR ROYALTIES I 43.30 1.64 3.94 519 -10.94 OGC OCEANAGOLD CO 35.27 1.47 4.35 858 -9.33 ONEX ONEX CORPORA 113.39 6.05 5.64 192 0.38 OTEX OPEN TEXT CO 37.16 1.62 4.56 472 -16.87 OLA ORLA MINING L 13.46 0.92 7.34 4941 -27.09

PAAS PAN AMERICAN 63.26 2.90 4.80 867 -11.10 POU PARAMOUNT RES 28.85 -0.74 -2.50 358 19.26 PXT PAREX RESOURC 23.49 -0.79 -3.25 1757 27.32 PPL PEMBINA PIPEL 68.04 -0.50 -0.73 3166 30.12 PPTA PERPETUA RES 29.10 3.32 12.88 119 -12.43 PEY PEYTO EXPLORA 25.23 -0.50 -1.94 868 11.10 POW POWER CORPORA 95.94 0.14 0.15 1649 31.51 PSK PRAIRIESKY RO 34.09 -0.58 -1.67 400 26.12 PBH PREMIUM BRAND 95.25 2.54 2.74 353 -6.35 PMZ-UN PRIMARIS R 22.66 -0.25 -1.09 560 45.35

QBR-B QUEBECOR IN 63.73 -1.14 -1.76 2217 23.27

RBA RB GLOBAL INC 156.06 2.30 1.50 260 10.44 QSR RESTAURANT BR 103.91 0.23 0.22 532 10.94 RCH RICHELIEU HAR 36.17 0.71 2.00 106 -8.57 REI-UN RIOCAN REA 21.79 -0.39 -1.76 1102 16.52 RCI-B ROGERS COMM 47.63 0.17 0.36 2829 -8.07 RY ROYAL BANK OF 293.47 0.06 0.02 4022 25.42 RUS RUSSEL METALS 69.68 2.42 3.60 325 59.09

BONDS CANADA

TERM YIELD CHG

2-YEAR 2.83 -0.09 5-YEAR 3.17 -0.11 10-YEAR 3.55 -0.12 30-YEAR 3.96 -0.10

RATES RATE CHG

BOFC OVERNIGHT TARGET 2.25 UNCH CANADIAN PRIME 4.45 UNCH Source: wires

GWO-PF-A GREAT WE 25.41 -0.12 -0.47 7 2.17 GWO GREAT-WEST LI 93.29 0.35 0.38 1535 37.82 GWO-PR-G GREAT-WE 24.63 0.23 0.94 4 3.84 HMM-A HAMMOND MA 23.13 0.90 4.05 43 106.33 HBTA HUMILIS NORT 24.27 0.67 2.84 1 18.45 INGS ING CDR (CAD 43.08 2.07 5.05 28.60 IGM IGM FINANCIAL 90.93 3.77 4.33 770 47.11 IFC-PR-M INTACT F 25.50 0.05 0.20 3 0.20 JPM JPMORGAN CDR 45.66 0.81 1.81 30 9.10 MAL MAGELLAN AERO 37.68 3.02 8.71 119 103.46 MG MAGNA INTERNAT 98.66 2.52 2.62 2082 34.84 MFC MANULIFE FIN 62.98 0.72 1.16 8101 26.36 SPYU MEGALONG 3X 40.86 3.86 10.43 24 33.62 RIC RICHARDS GROU 30.60 0.38 1.26 48 -0.91 MIC-PR-A SAGEN MI 24.00 0.40 1.69 4.30 SCHN SCHNEIDER EL 29.05 0.67 2.36 1 27.19 SRV-UN SIR ROYALT 16.42 0.14 0.86 2 12.70 SLF-PR-G SUN LIFE 21.79 0.04 0.18 10.05 TRP-PR-F TC ENERG 22.01 -0.10 -0.45 1 11.44 TCUS TRADING CENT 25.01 0.96 3.99 24.43

IS-PR-A INFRASTRU 10.84 0.07 0.65 6 -2.87 SPYD MEGASHORT -3 9.15 -0.97 -9.58 81 -29.23 PCA PHOENIX METAL 1.15 0.00 0.00 151 -8.00 PWF-PR-S POWER FI 21.75 -0.25 -1.14 2 -2.73 GASU SAVVYLONG GE 5.16 -0.32 -5.84 8 -53.72 TF TIMBERCREEK FI 6.20 0.15 2.48 361 -9.36

SAP SAPUTO INC. 39.40 -0.03 -0.08 841 -4.62 SEA SEABRIDGE GOL 38.33 2.19 6.06 82 -5.80 SES SECURE WASTE 24.64 0.48 1.99 855 42.68 SHOP SHOPIFY INC 173.41 9.23 5.62 2871 -21.53 SIA SIENNA SENIOR 22.02 -0.27 -1.21 426 7.78 SVM SILVERCORP ME 14.36 1.33 10.21 683 25.09 SKE SKEENA RESOUR 40.38 3.19 8.58 316 23.87 SRU-UN SMARTCENTR 29.11 -0.44 -1.49 497 13.05 SOBO SOUTH BOW CO 50.94 -1.04 -2.00 1079 34.94 SXGC SOUTHERN CRO 10.69 1.69 18.78 600 0.94 SDE SPARTAN DELTA 11.25 -0.65 -5.46 628 55.17 SII SPROTT INC. 147.33 3.25 2.26 101 9.59 SSRM SSR MINING I 37.45 1.61 4.49 566 24.46 STN STANTEC INC 102.10 3.17 3.20 625 -21.17 SJ STELLA JONES I 79.18 1.84 2.38 153 -6.99 SCR STRATHCONA RE 41.08 -1.44 -3.39 417 45.01 SLF SUN LIFE FINA 115.73 -0.58 -0.50 2752 35.07 SU SUNCOR ENERGY 90.79 -3.35 -3.56 4800 49.03 SPB SUPERIOR PLUS 8.07 0.09 1.13 630 14.63

VET VERMILION ENE 15.51 -1.17 -7.01 2364 35.81 VZLA VIZSLA SILVE 4.78 0.40 9.13 1231 -36.44

WSP WSP GLOBAL IN 180.71 9.44 5.51 625 -27.29 WCN WASTE CONNECT 233.12 -1.72 -0.73 300 -3.16 WDO WESDOME GOLD 28.28 2.27 8.73 836 24.36 WFG WEST FRASER T 98.70 7.92 8.72 297 17.54 WN WESTON GEORGE 103.23 -1.54 -1.47 359 9.02 WPM WHEATON PRECI 162.42 9.94 6.52 914 0.66 WCP WHITECAP RESO 16.27 -0.27 -1.63 6053 41.48

CURRENCIES FOREIGN EXCHANGE CROSS RATES

CAD USD AUD EUR GBP JPY CHF

CAD

0.7109 1.0092 0.6166 0.5284 112.16 0.5754 USD 1.4066 - 1.4196 0.8673 0.7433 157.77 0.8093 AUD 0.9908 0.7044 - 0.6109 0.5235 111.12 0.5701 EUR 1.6217 1.1530 1.6368 - 0.8570 181.89 0.9331 GBP 1.8924 1.3454 1.9100 1.1670 - 212.24 1.0888 JPY 0.0089 0.0063 0.0090 0.0055 0.0047 - 0.0051 CHF 1.7382 1.2357 1.7540 1.0717 0.9184 194.94 -

Page 27

WEDNESDAY, AUGUST 5, 2026 THE GLOBE AND MAIL O B11 SPORTS

Fresh off of her first WTA Tour title,

Eala and her Filipino following prepare for Toronto’s National Bank Open

[ NATIONAL BANK OPEN ]

GRAHAM DUNBAR GENEVA, SWITZERLAND W

RACHEL BRADY

herever she plays, Filipino sup- porters turn out in large numbers to support Alex Eala, a trailblazing pro tennis player from the Philip- pines. Toronto will be at the centre of that growing buzz on Wednesday, during a sold-out night at the National Bank Open. The 21-year-old became the first Filipina to win a WTA singles title Monday at the DC Open, which will propel her to a career-high ranking of No. 20, another best for her nation. Eala has been beating top players all summer and is called the future of the women’s tour. Organizers of the NB Open have been antic- ipating Eala’s first appearance in Toronto for months, as the long-awaited rising star has been skyrocketing up the rankings lately and growing her following. Expecting big attend- ance from the city’s large Filipino diaspora on Wednesday, they’ve scheduled her match right after Canada’s World No. 34 Leylah Fernandez competes, another player the Filipino-Cana- dian community follows. Fernandez’s father is from Ecuador, and her mother is of Filipino descent. Eala and Fernandez are friends.

Return game is strong

Aryna Sabalenka plays a shot against Moyuka Uchijima during their second-round match at the National Bank Open in Toronto on Tuesday. Sabalenka won 6-3, 6-3 B13

The NB Open has even added a special Fil- ipino dish to its food offerings for fans Wednesday – chicken adobo – one of several ideas that came from a Filipino-Canadian on Tennis Canada’s tournament staff. “To have both of them play on the same night is incredible for the community,” said Tennis Canada’s Jason Maglantay, the senior director of ticket sales and services. Maglantay is a Torontonian who says his Filipino family and friends have all been buzz- ing about Eala. So have the Filipino communi- ty on Facebook and other social channels he follows. He started imagining how big her debut vis- it to Toronto could be while watching the Aus- tralian Open in January. Eala was scheduled to play a match on a smaller court that held a few hundred spectators, while thousands were left waiting outside wanting to get in. The buzz has been growing this year, high- lighted by a Round of 16 run in Miami, a semi- final appearance in Berlin, and an upset of then World No. 3 Iga Swiatek at Wimbledon. After that, Eala received a presidential citation from her nation’s President, Ferdinand (Bong- bong) Marcos Jr. at Malacañang Palace.

EALA, B13

DAN HAMILTON/IMAGN IMAGES VIA REUTERS

Two FIFA executives distance

themselves from Infantino’s failed World Cup sell-off plan

Two senior FIFA executives – coaching great Arsène Wenger and CEO-like secretary general Mattias Grafström – distanced themselves Tuesday from their boss Gianni Infantino’s failed plan to sell stakes in future World Cup profits to private investors. Wenger said in a statement he knew nothing of the US$20-bil- lion plan and that it was “abso- lutely necessary” to drop the pro- posal, and Grafström sent an e- mail to all FIFA staff – seen by the Associated Press – calling the last week a “sad and reproachable se- ries of events.” He also said it cre- ated “turmoil which is difficult to comprehend and accept.” Neither directly named Infan- tino or offered support for the now-embattled president. The comments by Wenger and Grafström had echoes of the di- rect criticism from FIFA chief op- erating officer Kevin Lamour, who said Friday that staff had been “deceived” by Infantino’s private equity plan, which pro- voked a furor in global soccer. La- mour called it the “project of one person” and said FIFA staff “de- serve better than contempt and intimidation.” The three executives are re- spected and trusted figures among the 211 FIFA member fed- erations who now hold sway over Infantino’s grip on a presidency that looked unshakable after the World Cup ended barely two weeks ago. Wenger, Grafström and La- mour also were named in a letter from UEFA’s lawyers to Infantino among 18 executives whose data and communications should be retained as potential evidence. “You do not need to worry,” Grafström wrote Tuesday to the hundreds of FIFA staff based mostly in Zurich and Coral Ga- bles, Florida. “I assure you that

you as members of the adminis- tration, you will be defended and safeguarded from the political context we currently experience.” Wenger, who was hired by In- fantino in 2019 and is FIFA’s chief of global football development, said he was “not involved in this strategic plan and first became aware of the project through media reports.” Infantino withdrew his US$20- billionproposalearlySaturdayaf- ter a furious backlash by global soccer officials, including Europe- an body UEFA warning of a boy- cott of all FIFA games and events. The plan would have created a subsidiary – known as FIFA For- ward Enterprise (FFE) – to run the money-making parts of the not- for-profit soccer body’s work: Or- ganizing tournaments like the World Cup, selling broadcasting and sponsorship rights, tickets and hospitality. It proposed raising US$4.2-bil- lion from investors by selling stakes amounting to about 20 per cent in FFE, based on an equity valuation of US$20-billion. The “anchor investor” would have been Thrive Eternal, launched by Joshua Kushner, whose brother Jared Kushner is a son-in-law of U.S. President Donald Trump. “The decision to withdraw the project was absolutely necessary and beyond question, because I firmly believe in an independent FIFA that serves our game with commitment, transparency, and integrity,” Wenger wrote. FIFA’s 211 member federations – already effective owners of the governing body as a non-profit association under Swiss law – were offered US$20-million each. The deadline to accept was Sept. 19. They also were promised a doubling of their FIFA funding for the four years through 2030 to US$20-million instead of the pre- viously announced US$10-mil- lion.

Page 28

New MLS chief aims to build on continued growth

MLS

Departing commissioner

Don Garber saw league expand from 12 to 30 teams, five of them reach $1-billion valuation

ANNE M. pETERSON

Incoming Major League Soccer commissioner Larry Berg sees his role as continuing the trajectory of the league under his soon-to- be predecessor, Don Garber. The 30-team league that Grab- er grew during his 27-year tenure now looks to Berg to capitalize on the success of the World Cup this past summer and guide the tran- sition to a new international schedule next year. “I think one of the reasons that IraisedmyhandisIfeellikeIhave the enthusiasm and the passion to hopefully have other people, in some cases, see it through my eyes and understand where we’re going and where it can go and what it can be,” Berg told The As- sociated Press. “I’m very proud of where we already are. I think we’ve come a very, very long way.” Berg, a co-owner of LAFC, will formally take over as commis- sioner at the start of next year. Garber, who has served as the league’s commissioner since 1999, will help guide the transi- tion before moving into a new role as chairman. Garber said the ideal candidate would unite the entire MLS eco- system around a shared vision. And he believes the league will havethatunderBerg,whowillbe- comejustthethirdcommissioner in the history of the league. “I think he’s convinced the ownership through a very com- prehensive process that he has what it takes to do the two most

THE ASSOCIATED PRESS

MLB

AMERICAN LEAGUE NATIONAL LEAGUE

EAST DIVISION W L Pct GB Tampa Bay 66 46 .589 — New York 64 50 .561 3 Boston 60 51 .541 51/2 Baltimore 55 58 .487 111/2 Toronto 53 60 .469 131/2 CENTRAL DIVISION Chicago 59 52 .532 — Cleveland 57 57 .500 31/2 Minnesota 56 57 .496 4 Detroit 54 58 .482 51/2 Kansas City 46 67 .407 14 WEST DIVISION Houston 58 56 .509 — Seattle 55 58 .487 21/2 Texas 55 58 .487 21/2 Athletics 45 68 .398 121/2 Los Angeles 43 70 .381 141/2

EAST DIVISION

TuesdaY Baltimore 3, L.A. Angels 1 Chicago White Sox at Boston Minnesota at Kansas City Toronto at Houston Detroit at Seattle

MondaY Toronto 3, Houston 1

WednesdaY All Times Eastern Toronto (Cease 7-5) at Houston (Brown 3-1), 2:10 p.m. L.A. Angels (Detmers 3-7) at Baltimore (Rogers 6-7), 6:35 p.m. Chicago White Sox (Burke 7-5) at Boston (Gray 13-2), 7:10 p.m. Minnesota (Kremer 1-4) at Kansas City (Cameron 5-8), 7:40 p.m. Detroit (Melton 6-1) at Seattle (Woo 7- 8), 9:40 p.m.

INTERLEAGUE

TuesdaY Cincinnati 5, Athletics 4 N.Y. Mets 6, Cleveland 2 N.Y. Yankees 2, St. Louis 0 San Francisco at Texas Tampa Bay at Colorado

MondaY St. Louis 13, N.Y. Yankees 7 San Francisco 5, Texas 1 Tampa Bay 13, Colorado 9

WednesdaY All Times Eastern San Francisco (Whisenhunt 2-2) at Texas (TBD), 2:35 p.m. Tampa Bay (Martinez 10-3) at Colorado (Sugano 11-4), 3:10 p.m. Athletics (Barnett 1-1) at Cincinnati (Lowder 3-7), 6:40 p.m. N.Y. Mets (McLean 7-7) at Cleveland (Cecconi 4-7), 6:40 p.m. St. Louis (Leahy 7-4) at N.Y. Yankees (Warren 8-5), 7:05 p.m.

RESULTS AS OF TUESDAY, AUGUST 4, 9:45 P.M.

CORNERED

OFF THE MARK

SPEED BUMP

BIZARRO

The new Major League Soccer commissioner Larry Berg, right, speaks at an introductory news conference in New york on Tuesday. JOHN JONES/IMAGN IMAGES VIA REUTERS

EAST DIVISION W L Pct GB Atlanta 68 45 .602 — Philadelphia 61 53 .535 71/2 Miami 58 56 .509 101/2 Washington 55 60 .478 14 New York 48 66 .421 201/2 CENTRAL DIVISION Milwaukee 69 43 .616 — Chicago 64 49 .566 51/2 Pittsburgh 57 57 .500 13 St. Louis 56 58 .491 14 Cincinnati 54 58 .482 15 WEST DIVISION Los Angeles 69 44 .611 — Arizona 60 53 .531 9 San Diego 58 55 .513 11 San Francisco 48 65 .425 21 Colorado 45 68 .398 24

TuesdaY Philadelphia 5, Washington 0 Atlanta 4, Miami 2 Pittsburgh at Milwaukee L.A. Dodgers at Chicago Cubs San Diego at Arizona

MondaY Philadelphia 6, Washington 3 Pittsburgh 4, Milwaukee 3 Chicago Cubs 10, L.A. Dodgers 5 Arizona 5, San Diego 1

WednesdaY All Times Eastern L.A. Dodgers (Lauer 6-5) at Chicago Cubs (Imanaga 7-9), 2:20 p.m. Washington (Irvin 2-5) at Philadelphia (Painter 1-8), 6:40 p.m. Miami (Perez 5-8) at Atlanta (Elder 7-6), 7:15 p.m. Pittsburgh (Skenes 9-9) at Milwaukee (TBD), 7:40 p.m. San Diego (TBD) at Arizona (Bratt 0-1), 9:40 p.m.

SaturdaY, Aug. 8 CONFERENCE FINALS (single-game elimination) EASTERN CONFERENCE Lowest at Highest-Remaining Seed, 1 or 3:30 p.m. WESTERN CONFERENCE Lowest at Highest-Remaining Seed, 1 or 3:30 p.m. CFL

EASTERN CONFERENCE

EASTERN CONFERENCE

WESTERN CONFERENCE

GP W L PF PA Pt Montreal 8 7 1 273 217 14 Toronto 7 3 4 220 219 6 Hamilton 8 3 5 187 234 6 Ottawa 7 0 7 166 247 0 WEST DIVISION

GP W L PF PA Pt Edmonton 8 6 2 229 200 12 Saskatchewan 7 5 2 232 195 10 Calgary 8 4 4 322 264 8 Winnipeg 8 4 4 204 243 8 BritishColumbia 7 2 5 187 201 4 WEEK 10 BYe: Winnipeg ThursdaY All Times Eastern Calgary at Toronto, 7:30 p.m.

FridaY, Aug. 7 Ottawa at Saskatchewan, 9 p.m.

SaturdaY, Aug. 8 Edmonton at Montreal, 3 p.m. Hamilton at British Columbia, 7 p.m.

important things, which is to cre- atethatvision,andthentogetthe owners to unite around it,” Gar- ber said. “That requires great relation- ships. It requires the capability to put the plan together and do the work. ... He [Berg] is super smart. He doesn’t lead with ego. He leads with understanding perspectives, and I think that’s a super impor- tant part of being the commis- sioner.” The 60-year-old Berg, who has served as co-chair of the MLS sporting and competition com- mittee, will divest his ownership interest in LAFC. He was formally introduced as the incoming com- missioner on Tuesday at the league’s New York headquarters, a day after he received the re- quired two-thirds of the votes from the owners. “Firstofall,helovessoccer,and

GP W L T GF GA Pt Nashville 18 12 2 4 35 14 40 Miami 18 11 2 5 45 32 38 New England 17 9 5 3 28 21 30 Chicago 17 9 6 2 32 23 29 N.Y. City F.C. 18 7 6 5 31 24 26 Cincinnati 18 7 6 5 45 44 26 Charlotte 18 7 7 4 29 27 25 N.Y. Red Bulls 18 7 7 4 29 39 25 D.C. 18 5 5 8 26 29 23 Orlando 18 6 10 2 30 47 20 Columbus 18 5 8 5 26 28 20 Toronto 18 3 7 8 24 32 17 Philadelphia 18 4 10 4 25 33 16 Montreal 18 4 10 4 24 35 16 Atlanta 18 3 12 3 19 33 12 WESTERN CONFERENCE Vancouver 17 10 3 4 38 17 34 L.A. F.C. 19 10 5 4 35 19 34 San Jose 18 10 5 3 37 24 33 Houston 17 9 6 2 25 24 29 Salt Lake 17 8 6 3 29 25 27 Dallas 18 7 5 6 32 25 27 St. Louis 18 7 6 5 24 24 26 Seattle 17 7 7 3 20 22 24 Portland 18 7 8 3 33 33 24 Minnesota 18 6 6 6 20 25 24 Colorado 18 7 10 1 27 25 22 L.A. Galaxy 19 5 7 7 24 29 22 San Diego 18 5 7 6 32 29 21 Austin 18 4 9 5 22 36 17 Kansas City 18 4 12 2 18 46 14 SaturdaY All Times Eastern Houston at New England, 4:30 p.m.

NSL

GP W L T GF GA Pt Ottawa 14 10 2 2 32 17 32 Montreal 14 8 3 3 28 16 27 Toronto 14 7 4 3 24 13 24 Halifax 14 5 6 3 17 14 18 Vancouver 14 5 8 1 23 34 16 Calgary 14 0 12 2 9 39 2 Note: Three points awarded for a win, one for a tie. MondaY Ottawa 2, Halifax 2

FridaY — All Times Eastern Halifax at Montreal, 7 p.m.

SaturdaY, Aug. 8 Calgary at Vancouver, 7 p.m.

CPL

GP W L T GF GA Pt Hamilton 14 11 1 2 23 8 35 Calgary 15 10 2 3 30 8 33 Vancouver 15 7 6 2 24 16 23 Ottawa 15 6 6 3 23 28 21 Quebec 14 5 7 2 21 26 17 Halifax 16 4 7 5 20 24 17 Toronto 13 3 6 4 15 30 13 Victoria 14 0 11 3 16 32 3 FridaY — All Times Eastern Vancouver at Hamilton, 7 p.m.

SaturdaY, Aug. 8 Halifax at Ottawa, 1 p.m. Toronto at Victoria, 5 p.m. Calgary at Quebec, 8 p.m.

I think next to his family, soccer is the most important thing in his life. Second of all, he knows the league really well. We have 30 great owners, and all of them are very involved in the league. But Larry is, I think it’s safe to say, has been over the last five years the most involved owner,” Columbus Crew owner Jimmy Haslam said. “He understands what we do well, where we have opportunity. I think he has a great relationship with all the owners. Going through this process certainly en- hanced that.” Berg previously held owner- ship stakes in Italian club AS Ro- ma,aswellasEnglishleagueteam Swansea. Under Berg’s owner- ship, LAFC won the MLS Cup in 2022, and the Supporters’ Shield in 2019. Under Garber’s watch, the leaguehasexpandedfrom12to30

WNBA

W L Pct GB Indiana 19 11 .633 — Atlanta 18 11 .621 1/2 New York 18 13 .581 11/2 Washington 16 12 .571 2 Chicago 11 19 .367 8 Toronto 10 19 .345 81/2 Connecticut 7 23 .233 12

W L Pct GB Minnesota 25 6 .806 — Las Vegas 21 9 .700 31/2 Golden State 20 9 .690 4 Dallas 19 11 .633 51/2 Los Angeles 11 17 .393 121/2 Phoenix 12 19 .387 13 Portland 11 19 .367 131/2 Seattle 6 26 .188 191/2 TuesdaY Toronto at Golden State

MondaY New York 95, Seattle 83 Las Vegas 109, Atlanta 87 Phoenix 106, Chicago 101

WednesdaY All Times Eastern Phoenix at Atlanta, 7 p.m. Seattle at New York, 7 p.m. Dallas at Washington, 7:30 p.m. Los Angeles at Chicago, 9 p.m.

ThursdaY Las Vegas at Indiana, 7 p.m. Los Angeles at Minnesota, 9 p.m. Toronto at Portland, 10 p.m.

FridaY Atlanta at Washington, 7:30 p.m. Phoenix at Connecticut, 7:30 p.m. Golden State at Dallas, 9:30 p.m.

2026 CANADIAN WOMEN’S CLUB CHAMPIONSHIP

QUARTERFINALS (single-elimination format) MondaY Ottawa Rapid (NSL) 3, Halifax Tides (NSL) 2 (extra time)

WednesdaY CS Mont-Royal Outremont (LS Pro QC) at Calgary Wild (NSL), 9 p.m.

WOMEN’S AFRICA CUP OF NATIONS

GROUP STAGE TuesdaY South Africa 1, Burkina Faso 0 Ivory Coast 2, Tanzania 1

MondaY Kenya 0, Algeria 2 Senegal 0, Morocco 0

WednesdaY All Times Eastern Malawi vs. Zambia, 4 p.m. Egypt vs. Nigeria, 4 p.m.

ATP/WTA TOUR

NATIONAL BANK OPEN

TuesdaY At Toronto and Montreal Purse: $9,415,725 Surface: Hardcourt outdoor MEN’S SINGLES — ROUND OF 128 Sebastian Baez, Argentina, def. Mattia Bellucci, Italy, 7-5, 6-3. Jenson Brooksby, United States, def. Adam Walton, Australia, 6-3, 6-4. Stefanos Tsitsipas, Greece, def. Martin Damm Jr, United States, 6-4, 6-4. Hubert Hurkacz, Poland, def. Marcos Giron, United States, 7-5, 4-6, 6-2. Thiago Agustin Tirante, Argentina, def. Duncan Chan, Canada, 6-3, 1-6, 7-6 (3). Zachary Svajda, United States, def. Denis ShaPovalov, Vaughn, Ont., 4-6, 6- 4, 3-0, ret. Jacob Fearnley, Britain, def. Adrian Mannarino, France, 7-6 (3), 6-4. Valentin Royer, France, def. Pablo Carreno Busta, Spain, 1-6, 7-5, 6-2. Alexei Popyrin, Australia, def. Roman Andres Burruchaga, Argentina, 4-6, 7-5, 6-3. Daniel Merida, Spain, def. Liam Draxl, Canada, 3-6, 6-4, 6-4. Juan Manuel Cerundolo, Argentina, def. Hamad Medjedovic, Serbia, 6-4, 6-2. Terence Atmane, France, def. Jack Draper, Britain, 6-3, 2-6, 6-2. Botic Van de Zandschulp, Netherlands, def. Giovanni Mpetshi Perricard, France, 6-2, 3-6, 6-3. Tallon Griekspoor, Netherlands, def. Lorenzo Sonego, Italy, 7-6 (5), 7-5. Fabian Marozsan, Hungary, def. Shintaro Mochizuki, Japan, 6-4, 6-3. SINGLES — ROUND OF 64 Alexander Blockx (27), Belgium, def. Jaume Munar, Spain, walkover. Juncheng Shang, China, def. Andrey Rublev (10), Russia, 7-5, 4-6, 7-6 (5). Jiri Lehecka (8), Czechia, def. Vit Kopriva, Czechia, 6-4, 6-2. Brandon Nakashima (28), United States, def. Daniel Altmaier, Germany, 6-2, 6-1.

WOMEN’S SINGLES — ROUND OF 64 Elina Svitolina (9), Ukraine, def. Jessica Bouzas Maneiro, Spain, 6-7 (5), 7-6 (4), 6-4. Iga Swiatek (7), Poland, def. Sara Bejlek, Czechia, 6-0, 6-3. Ekaterina Alexandrova (16), Russia, def. Camila Osorio, Colombia, 6-3, 7-6 (4). Viktorija Golubic, Switzerland, def. Donna Vekic (31), Croatia, 5-7, 6-2, 6-3. Marta Kostyuk (10), Ukraine, def. Kath- erine Sebov, Toronto, Ont., 7-6 (4), 6-0. DianaShnaider(15),Russia,def.Rebecca Sramkova,Slovakia,6-2,4-6,6-1. Talia Gibson, Australia, def. Maja Chwalinska (18), Poland, 7-5, 6-1. Anastasia Potapova (24), Russia, def. Elena-Gabriela Ruse, Romania, 6-4, 6-2. Amanda Anisimova (8), United States, def. Lanlana Tararudee, Thailand, walkover. Zhang Shuai, China, def. Jelena Ostapenko (26), Latvia, 6-0, 4-0, ret. Madison Keys (19), United States, def. Antonia Ruzic, Croatia, 6-1, 6-2.

teams.Heintroducedtheleague’s marketing arm, Soccer United Marketing, encouraged the con- struction of soccer-specific stadi- ums and spurred the growth of an academy system to develop play- ers in the United States. Five clubs, Inter Miami, the home of Lionel Messi, LAFC, LA Galaxy, Atlanta United and NYCFC are valued at more than US$1-billion, according to Forbes. At the start, Berg will oversee the league’s shift to a new calen- dar,withtheseasonrunningfrom a summer to spring schedule to more align with its international counterparts. Currently the league plays a late winter to late fall schedule. After the conclusion of the cur- rent season, MLS will play a short- ened 14-game “sprint season” in early 2027 before the league switchestoitsnewschedule,kick- ing off in July with the league championship to be played in May, 2028. Berg will also be charged with negotiating a new media rights deal. The current contract with AppleTVendsin2029.Theleague isalsolookingatchangestoroster rules. “This has been a passion my whole life. This sport and some of the great joys of my life have been involved in the LAFC and in- volved with the sporting compe- tition committee,” Berg said. “I have a lot of ideas. I feel like we’re at a point where a tremendous amount of success has been achieved with the games and the live gameday entertainment ex- perience, etc. But as the World Cup showed, you can be incredi- bly happy and very successful, but somehow there’s always more. You want to get to that next step."

2026 HLINKA-GRETZKY CUP

PRELIMINARY ROUND

At Edmonton TuesdaY Czechia 8, Germany 3 Switzerland 7, Sweden 6 Canada 6, Slovakia 1 Finland vs. United States

MondaY Finland 5, Germany 2 United States 6, Czechia 4 Canada 7, Switzerland 3 Sweden 4, Slovakia 3 (OT)

WednesdaY — All Times Eastern Switzerland vs. Slovakia, 3 p.m. Czechia vs. Finland, 5 p.m. Sweden vs. Canada, 7 p.m. United States vs. Germany, 9 p.m. CONCLUSION OF PRELIMINARY ROUND

CEBL

MondaY Saskatoon 96, Calgary 80 Scarborough 91, Brampton 77 CONCLUSION OF REGULAR SEASON

PLAYOFFS ThursdaY — All Times Eastern CONFERENCE SEMIFINALS (single-game elimination) EASTERN CONFERENCE Ottawa (3) at Brampton (2), 7 p.m. Niagara (4) at Scarborough (1), 7:30 p.m. WESTERN CONFERENCE Saskatoon (3) at Winnipeg (2), 8:30 p.m. Edmonton (4) at Vancouver (1), 10 p.m.

TELEVISION WEDNESDAY(ALLTIMESEASTERN)

BASEBALL MLB: Toronto Blue Jays at Houston As- tros, 2 p.m. SNO, SN590 MLB: St. Louis Cardinals at New York Yan- kees, 7 p.m. TSN5

BASKETBALL WNBA: Dallas Wings at Washington Mystics, 7:30 p.m. NBATV

HOCKEY Hlinka Gretzky Cup: Switzerland vs. Slovakia, 3 p.m. TSN4 Sweden vs. Canada, 7 p.m. TSN4

SOCCER Leagues Cup: Seattle Sounders at Toluca FC, 10 p.m. TSN5

TENNIS ATP/WTA: National Bank Open, Early Rds., 11 a.m. SN1, 12:30 p.m. SN360, 7 p.m. SN1, SN)

Page 29

Ankle injury forces Shapovalov to retire

in first round at National Bank Open

Injuries have limited the Canadian’s 2026 season, taking him off of the court on Tuesday after 100 minutes of play

DANIEL RAINBIRD MONTREAL

Denis Shapovalov warned Mon- day his body was taking a beat- ing. Some 24 hours later, the Cana- dian couldn’t finish his opening match at the National Bank Open. Shapovalov was forced to re- tire with an ankle injury while trailing American Zachary Svajda 3-0 in the third set of his first- round match Tuesday afternoon. “It’s a very special tournament for me so I wanted to go out there and give it my best effort,” said the 27-year-old from Richmond Hill, Ont., almost two hours after withdrawing. “The body just got worse and the body kept telling me no.” Shapovalov appeared in con- trol early, taking the opening set 6-4 with an ace on set point, dis- playing the attacking flair that once endeared him to the Mon- treal crowd. But the injury reac- hed a breaking point while serv- ing late in the second set, which he lost 6-4. The world No. 43 winced in pain and took an off-court med- ical timeout at IGA Stadium. He returned after roughly 10 min- utes, but his movement was no- ticeably limited before he retired after one hour 40 minutes. “Just couldn’t get past the fin- ish line,” he said. “Felt like other parts of my body were starting to go. “I started having muscle ten- sion and problems in my hamstr- ing and my quad. I started to feel my knee, so it was just a combi- nation of things that got pretty bad, from overcompensating for the ankle.” Shapovalov arrived in Mon- treal late Sunday after failing to defend his title at the ATP 250 event in Los Cabos, Mexico, with a loss to Arthur Géa in Saturday’s final. That’s where the ankle prob- lem started – and the cross-conti- nental travel with a short turn- around to play in Montreal didn’t help. He described the last few days as “pretty painful,” noting that even stepping onto centre court Tuesday wasn’t a guarantee. “It was tough,” he said. “I felt like I was hitting really well yes- terday and this morning in the warm-up, but yeah, it was a ques- tion mark. Even today during the warm-up, we weren’t sure.” “Definitely with how bad the body got today, it’s probably not great that I stepped on court to- day,” he later added. Shapovalov also spoke Mon- day about struggling physically

Eala: Greater Toronto area has one of

the world’s largest Filipino diasporas

FROM B11

FROM B11

Her social-media following is swelling – including 1.6 million currently on Instagram. “Speaking to my family and friends in the community, people started asking me about her. ‘Is she coming, can I know a little bit more about her?’ ” said Maglan- tay. “And these are people who don’t even follow tennis.” When the NB Open an- nounced on Friday that Eala would play in Toronto, Maglan- tay’s phone blew up with mess- ages from friends and family, and then again after she won in Wash- ington. “We’re pretty proud of any- thing that comes out of our coun- try in the Philippines,” said Ma- glantay. “The only thing I know of with this kind of hype among Fil- ipinos in the sports realm would be the boxer Manny Pacquiao.” Organizers also reached out to Toronto’s Filipino community groups and the consulate to pro- mote the tournament. The greater Toronto area has one of the world’s largest Filipino diasporas. Every available seat for centre court is sold out for Wednesday night’s session, which will see Fernandez play Mexico’s Renata Zarazua, fol- lowed by Eala’s match against American Alycia Parks. Sobeys Stadium has a capacity of 10,077. Maglantay projects

Canada’s Denis Shapovalov, centre, walks off the court for a medical timeout against Zachary Svajda during their singles first round match at the National Bank Open in Montreal on Tuesday. MINAS PANAGIOTAKIS/GETTY IMAGES

SERENA AND VENUS WILLIAMS TO PLAY DOUBLES TOGETHER AT CINCINNATI OPEN

The Williams sisters are back on track to playing doubles tennis ahead of the U.S. Open. Serena and Venus Williams are set to take part in the Cincinnati Open, which begins next week. Organizers announced Monday they had received a wild-card entry into the doubles field. They last played a doubles match together at the 2022 U.S. Open. It is their first time team- ing up in the hard-court tune-up tournament in Mason, Ohio. The Williams sisters received a wild-card entry to play doubles

this season with a rib fracture, shoulder injury and knee prob- lems, tempering expectations at the ATP Masters 1000 tourna- ment. He’s still searching for his first win since 2019 at the Canadian Open, where he made a name for himself on the professional tour nine years ago. Just 18, Shapovalov stunned top-seeded Spanish legend Ra- fael Nadal en route to a semi-final berth at the 2017 tournament in Montreal. The stylish, free-swinging tal- ent – then sporting a backward ball cap – later cracked the ATP

eight out of 10 fans could be of Fil- ipino heritage. Fans will get an- other opportunity to see her take part in doubles at the NBO. She’ll be partnering with tennis legend Venus Williams.

It’s nice to see that the Filipino community is really showing up and they’re enjoying tennis ... hopefully it will help grow the sport as well and in the end give them a new experience, a joyful experience.

ALEX EALA PROFESSIONAL TENNIS PLAYER

“I’m really very excited to see and experience the atmosphere,” said Eala on Tuesday, in her first news conference since arriving from Washington. “It’s nice to see that the Filipi- no community is really showing up and they’re enjoying tennis ... hopefully it will help grow the sport as well and in the end give them a new experience, a joyful experience.” While this will be her first tour- nament in Toronto, the tennis world has been talking about ris- ing young Eala for some time.

at Wimbledon, but an injury to Serena prevented that from happening. They have won 14 major titles and three Olympic gold medals in doubles play. Venus Williams, 46, is set to play mixed doubles at the U.S. Open later this month in New York alongside Alexander Bu- blik. She and her younger sister playing at Cincinnati is the latest step in Serena’s comeback at age 44 after losing at Wimble- don in her first singles match in nearly four years. THE ASSOCIATED PRESS

top 10 at 21, but saw his ranking plummet as low as 140th after a serious knee injury derailed his 2023 season and extended into 2024. Shapovalov climbed to 23rd in an under-the-radar comeback last year, but the injuries have prevented him from riding that momentum this season. “Been an annoying year,” he said. “One thing after another, it feels like. So it’s frustrating, but look, I played Wimbledon with a fractured rib. I played here with a swollen ankle. And, yeah, I’m still competing. I’m still close to these guys.”

The player born in Quezon City, Philippines, has been train- ing at the Rafael Nadal Academy in Manacor, Spain, since 2018. “The academy’s played a pret- ty big role in my life,” she said. “I went to train there at 13 ... they re- ached out to my family, and I went there as a scholar.” Eala captured the 2022 U.S. Open girls’ singles title – the first junior grand slam singles crown for the Philippines. That after winning junior doubles majors at the 2020 Australian Open and 2021 French Open. Last week, Eala took down a row of seeded opponents on her way to her maiden title in Wash- ington. Wins over Elina Svitolina, Naomi Osaka, and Fernandez, set her up to stun the tournament’s top seed, World No. 3 Jessica Peg- ula in a three-set, come-from-be- hind, rain-interrupted final over the long weekend, 4-6, 6-4, 6-0. During the tournament, Pegu- la described Eala as “the future of the tour.” Nadal congratulated her on X, and the team at his a- cademy. “It’s an honour to for one to represent my country, and I’m su- per grateful for all the love and the recent recognition that I’m getting,” said Eala. “In those spe- cific moments when I’m living it, they do become quite over- whelming, especially when I’m experiencing things for the first time. But all in a positive light.”

Svajda, ranked 87th in the world, advances to face 18th- seeded Arthur Fils of France in the second round. Meanwhile, Shapovalov will assess whether he can play at the Cincinnati Open, with main-draw matches beginning Aug. 13. “The key for me is to try to take a bit more time and be healthy,” he said. “Unfortunately this tour nowadays is very unforgiving. There’s not many weeks where you can just sit back and rest. “I might have to start making some of those tougher calls soon, just prioritizing the body, be- cause I know that if I’m healthy and I’m playing well, I’m able to produce a high level.” Earlier on Tuesday, Canadian qualifier Duncan Chan exited the tournament with a first-round loss to Thiago Agustin Tirante of Argentina. Ranked 601st in the world, Chan fell 6-3, 1-6, 7-6 (3) in two hours one minute after upsetting No. 90 Hugo Gaston of France to qualify for the men’s singles main draw. Much like his qualifying match, the 21-year-old from Markham, Ont., watched specta- tors fill the bleachers around one of the venue’s smaller courts in the third set. After the loss, he signed autographs for a lineup of fans, a first in his young career. “I saw no seats available, so I was like, ‘Oh, pretty good,’ ” he said. “There’s so much support in

FIFA

Infantino shared details of the project to FIFA management just one week after the July 19 final of the financially success- ful World Cup in North America that drove FIFA’s revenues to US$15-billion for the 2023-26 commercial cycle – almost dou- ble the income tied to the 2022 World Cup in Qatar. Grafström, a long-time loyal aide to Infantino since their work together at UEFA, urged FIFA staff to “all continue being proud and happy” about the first 48-team World Cup. “A sad and reproachable series of events – which were thankfully concluded with the FFE project permanently abandoned – for as much as we feel dismayed by them, should not overshadow this reality,” he wrote. The World Cup in the United States, Canada and Mexico was judged a success on the field, though it had unpreceden- ted issues linked to Infantino’s close ally Trump, who re- ceived a specially created FIFA Peace Prize at the tournament draw in December. During the tournament, Iran’s team could not stay in the U.S. where it played three games, a Somali referee picked by FIFA was refused entry, and U.S. forward Folarin Balogun was allowed to play against Belgium despite a red card in his pre- vious game. “We have all been thrown into the middle of a turmoil, which is difficult to comprehend and accept, but, as secretary general, I urge you to remain focused on what has always united us,” Grafström wrote. “I will continue to support our teams, our work and our mission every hour of every day for as long as my work is valued by those we serve.” Infantino has not commented in public on the schism in soccer since a FIFA statement early Saturday announcing that the proposal had been dropped. His official Instagram account has posted letters of support from several member federations, including 2030 World Cup co-host Morocco, Qa- tar and the United Arab Emirates. Infantino has been president of FIFA for more than 10 years and had seemed sure to be re-elected unopposed next March in Morocco. FIFA has set a Nov. 18 deadline for chal- lengers to come forward, with Sweden’s soccer leader saying Monday that UEFA is seeking a rival candidate.

Montreal and it’s a different feel- ing having so many behind you and getting the energy from the crowd.” Chan returns next week to Tex- as Christian University, where his studies will take a back seat to tennis as he enters his senior year. “Economics, but uh … not re- ally, I guess,” he said when asked what he majored in. “I just pass.” He plans to play in the NCAA until May before testing his stuff on the professional tours. Elsewhere, Liam Draxl of New- market, Ont., dropped his first- round match 3-6, 6-4, 6-4 to Spain’s Daniel Merida and former world No. 3 Stefanos Tsitsipas of Greece advanced to the second round with a 6-4, 6-4 victory over American qualifier Martin Damm Jr. Montreal’s Gabriel Diallo was scheduled to face 19th seed Lu- ciano Darderi of Italy in the sec- ond round Tuesday evening. Félix Auger-Aliassime, also from Montreal, is this year’s main attraction as the world No. 4 and second seed. The 25-year-old is set to open his tournament in the second round Wednesday night against France’s Titouan Droguet. The match was pushed back from Tuesday after heavy rain derailed the first two days of main-draw action in Montreal.

THE CANADIAN PRESS

Page 30

James Cook seeks ways to improve,

a year after leading NFL in rushing

J

Bills star will attempt to become just the third running back since 2001 to lead the league in successive seasons

JOHN WAWROW PITTSFORD, N.Y.

ames Cook treats carrying the football the same way he an- swers questions about his past accomplishments. The Buffalo Bills running back does both by solely looking for- ward. So there was no point in asking Cook to reflect on last year, when he used a brief training camp hold-in as leverage to get a new contract, and then proved his worth by leading the NFL with 1,621 yards rushing. “I don’t like to talk about last year, because last year is in the past. This year is a new year,” Cook said last week. “Put last year behind me, and just come out here to do it again.” That would be difficult for any- one, given that only two players since 2001 have won consecutive NFL rushing titles – Derrick Hen- ry (2019-20) and LaDainian Tom- linson (2006-07). Propelling the 26-year-old Cook’s belief entering his fifth season are a healthy dose of self- confidence, an offensive line that remains mostly intact and newly promoted head coach Joe Brady’s offensive scheme. Despite Josh Allen’s strong arm and improvisational skills,

Bieniemy checks in at camp

as wife’s recovery continues

DAVE SKRETTA ST. JOSEPH, MO.

Kansas City Chiefs offensive co-ordina- tor Eric Bieniemy has been checking in more frequently with the team during training camp, but it remains unclear when he will return to the coaching staff after the shooting of his wife at their Vir- ginia home. Bieniemy’s son, Elijah Bieniemy, has been arrested in connection with the shooting of his mother, Mia. He has been charged with malicious wounding, use of a firearm in commission of a felony anddischargeofafirearminsideadwell- ing, but court appearances for the 27- year-old Bieniemy have been delayed pending a mental-health evaluation. Mia Bieniemy’s condition has been improving, head coach Andy Reid said this week. “It was great to hear from him just from a personal standpoint. You were just so devastated for him,” pass game co-ordinator Joe Bleymaier, who has as- sumed many of Bieniemy’s duties, said Tuesday. “He has been reaching out more and more lately for the football stuff and that’s brought a sense of nor- malcy to our team, hearing from him and his thoughts on football.” Bieniemy returned to Kansas City ear- lier this year, after leaving to serve as of- fensive co-ordinator with the Com- manders and spending a season apiece with UCLA and the Chicago Bears. He re- placed Matt Nagy, who is now the offen- sive co-ordinator with the Giants. The reason the team was eager to get Bieniemy back in the building was two- fold: He has an intimate knowledge of the Kansas City offence, having helped the franchise reach three Super Bowls and win two, and he carries along a cer-

Police investigating reports of

missing athletes after Glasgow Commonwealth Games

Scottish police are investigating reports of foreign athletes, identi- fied in the media as boxers from Uganda and Pakistan, who failed to return home after competing in the Commonwealth Games that ended in Glasgow on Sunday. “Police Scotland has received reports of several athletes who are unaccounted for,” a spokes- person said on Tuesday. “Enquiries are ongoing to as- sess the circumstances, and early engagement is taking place with the Home Office.” Uganda’s NBS Sport reported that four of the country’s six- member boxing team had gone missing ahead of the team’s scheduled return home on Tues- day and one of them told the broadcaster they planned to seek

THE ASSOCIATED PRESS

Buffalo Bills running back James Cook III runs a drill during practice at the team's training camp on Saturday in Pittsford, N.Y. ADRIAN KRAUS/THE ASSOCIATED PRESS

THE ASSOCIATED PRESS

THE ASSOCIATED PRESS

the Bills split rushing and passing attempts evenly during Brady’s two-plus seasons as offensive co- ordinator. Brady sees no reason to change course or to reduce Cook’s workload this year. “I expect James Cook to take another step this year in different elements of his game and contin- ue to be the workhorse as a run- ner,” Brady said. “And he wants it, right?” he added. “He had such an incred- ible season last year. And without diving into exactly what, this is what I told him: He has got to get better. We can’t take steps back-

tain no-nonsense attitude that is desper- ately needed after the team slipped to a disappointing 6-11 finish last season. “We’ll hold it down and when [Bienie- my] gets back, we’ll be ready to have that intensity and energy. That’s what I love most about him,” said running back Kenneth Walker III, the reigning Super Bowl MVP and one of their big free- agent acquisitions. “You can’t take a play off,” Walker said, “because he’s going to say some- thing to you about it.” Bleymaier, who is widely considered a rising star in the coaching profession, has a much quieter personality. But he joked Tuesday that he had lost his voice during practice, so perhaps some of Bie- niemy’s vocal traits have worn off on him. “The guys want to be held account- able. They want someone to remind them what to do and not let anything slide,” Bleymaier said. In other news Tuesday, the team con- tinued with its second padded practice of camp at Missouri Western, and quar- terback Patrick Mahomes once again worked out in full after undergoing sur- gery less than eight months ago to repair torn knee ligaments. Mahomes has been wearing a brace on his left knee, but otherwise it’s been hard to notice anything different about him. “You hate to say that anything Patrick does surprises you,” Bleymaier said, “be- cause he’s always pushing the limits of whathecandowiththefootball,andthe recovery timetable from just the injuries that he’s had. But physically, I haven’t seen anything with the knee out on the field that would show any setbacks.”

asylum. The Pakistan Today website said one of the country’s boxers had also failed to show up for a flight home on Tuesday. Reports of missing athletes af- ter Commonwealth Games have been common in recent editions, which have been hosted in Aus- tralia or Britain since Glasgow 2014. In 2018, after the Gold Coast Games in Australia, authorities were seeking 50 athletes and offi- cials still missing a month after competition ended, with another 190 seeking asylum. Some 3,000 athletes from 74 nations attended the 11 days of the Glasgow Games.

ward.” Cook’s power and elusiveness were on display in practice Tues- day, Buffalo’s first full day in pads. On the first team drill, Cook took a hand-off and burst through a hole on the left side for what would have been a five-yard gain, and then sprung back up off the ground and kept running. A few minutes later, on a sweep to the right, Cook turned the corner and lowered his shoulder pad di- rectly into the midsection of safe- ty Cole Bishop. “It’s a new year, and he going

to do the same thing that he did last year, having that intensity,” Bishop said. Cook led the NFL last season with nine games of 100 yards rushing or more, and his 12 rush- ing TDs were fourth in the league. He had a career-high 309 carries and averaged a career-best 5.2 yards per attempt, which tied for second in the NFL. His only blemish has been ball security. He lost four of seven fumbles, including one at the Denver 30 in a 33-30 overtime loss in a divisional-round playoff game.

Falcons’ Robinson agrees to

three-year extension, making him the NFL’s top-paid running back

CHARLES ODUM FLOWERY BRANCH, GA.

The Atlanta Falcons have agreed to a three-year contract extension with Bijan Robinson through the 2030 season that makes the fourth-year player the NFL’s highest-paid running back. Robinson reposted the NFL’s Insta- gram post detailing the extension on Tuesday morning, writing “God this is for you! Blessings. Love this team and this city!” The extension is worth up to US$75- million with incentives, with US$51-mil- lion guaranteed, a person with knowl- edge of the details told The Associated Press. The person spoke on condition of anonymity because terms weren’t an- nounced. The base value of US$66.75-million gives Robinson a US$22.25-million aver- age per year that makes him the league’s top-paid running back. Philadelphia running back Saquon Barkley’s average is US$20.6-million. “Obviouslyveryexcitedforhim,excit- ed for us,” Falcons coach Kevin Stefanski said Tuesday. NFL Network and ESPN first reported the extension. The deal with Robinson continues the Falcons’ trend of locking up foundation players on their offence. On Saturday, the Falcons announced signing Canadian left guard Matthew Bergeron to a four-year contract exten- sion. The team gave new contracts to wide receiver Drake London and tight end Kyle Pitts in the off-season. “It’s all guys that we believe in, all guys that fit who we are,” Stefanski said.

Brady made a point to remind Cook about protecting the ball af- ter the running back lost a fum- ble early in camp. “I fumbled. So I just got to fix it,” Cook said. “The ball is every- body’s job, and that’s my job. I’m willing to protect it.” Make no mistake, Cook thrives on challenges. He did so last year by with- holding his services before even- tually landing a four-year, US$48- million contract. “I wouldn’t say stress. I wasn’t stressing,” Cook said. His calm approach to the con- tract dispute, and how he per- formed after signing the deal, im- pressed his teammates. “I learned that he is very ex- plosive, and he’s the man, and he takes care of business on the field and off the field,” running back Ray Davis said. “He’s going to continue to excel in that way and prove that he earned every dol- lar.” Cook has his sights set higher this year, for himself and the Bills. “I’m looking forward to doing even bigger things. So whatever that is, I’m willing to do it,” he said. Buffalo has underperformed in the playoffs. The Bills are the NFL’s first team to win a playoff game in six straight postseason appearances without reaching a Super Bowl. “It’s on us. The ball is in our hands,” Cook said. “We control our own destiny. So whatever we do is on us. Eventually, it’s going to happen.”

The new deal comes after Robinson spent the first week of training camp, in- cluding Monday’s first day in pads, as a spectator. He attended the practices but did not participate in an apparent con- tract “hold-in.” “I just knew throughout this whole process that it would be a process and I felt good about where we were,” Stefan- ski said. “I think everybody understands how we feel about Bijan the person and Bijan the player.” Robinson joined practice on Tuesday as Stefanski and the Falcons no longer have to worry about their star running back’s status for the season. “It means obviously as a coach, you want to get your guys ready for the foot- ball season and it allows us to get Bijan ready,” Stefanski said. “And he’s eager, beyond eager, to get out here. So on that note, we’ll slowly get him back in there. ... We’ll have a plan here for the next week to ramp him up.” A panel of eight AP pro football writ- ers ranked Robinson the league’s top running back in a preseason survey. Robinson led the NFL with 2,298 yards from scrimmage and scored 11 TDs last season. Robinson has been the focus of Atlan- ta’s productive ground game since he was the No. 8 overall pick in the 2023 NFL draft. He flourished as a dual-threat back last season, finishing fourth in the league with 1,478 rushing yards while adding 820 receiving yards. Steven Jackson in 2006 is the only other player ever with at least 1,400 rushing yards and 800 receiving yards in the same season.

Page 31

Blue JayS Reload, look To The

fuTuRe afTeR TRade deadline

C

Toronto GM Atkins made six deals with five other teams in the 24 hours before the cutoff

JOHN CHIDLEY-HILL TORONTO

all it a rebuild push or may- be a playoff restoration. The Toronto Blue Jays were one of the most active teams ahead of Monday’s MLB trade deadline, making six deals with five other teams in the 24 hours before the cutoff. General manag- er Ross Atkins shipped seven players – including four players fromtheJays’major-leagueroster – and got 10 players in return, mainly prospects. A year removed from reaching the World Series, Toronto (53-60) was last in the American League East heading into Tuesday’s game in Houston against the Astros. The Blue Jays are far from mathematically eliminated from the playoffs, sitting four games backofthefinalAmericanLeague wild-card spot with five teams – Minnesota, Texas, Seattle, Balti- moreandDetroit–aheadofthem. Notable departures ahead of the trade deadline were starting pitcher Kevin Gausman, outfiel- der Daulton Varsho, and relief pitchers Jeff Hoffman and Adam Macko. Gausman, Varsho and Hoffman were all critical parts of Toronto’s postseason run last year. “Disappointednottobeadding to this group that we believe in and at the start of the season had so much great hope for,” said At- kins in a video call with reporters late Monday. “We would much prefer that we were in a position to not be subtracting some of the great teammates and names that have been here.” There are several obvious rea- sons why the Blue Jays were trad- ing away major league talent.

Former FIFA vice president Prince Ali alleges

‘blackmail’ over voting for Infantino

GRAHAM DUNBAR GENEVA, SWITZERLAND

Former FIFA vice president Prince Ali bin Al Hussein criti- cized the soccer body’s leader- ship headed by Gianni Infantino on Tuesday, describing prize money withheld from his Jordan national team as a kind of black- mail. Prince Ali said the Jordanian federation he leads still has not been paid money due for reac- hing the final of the FIFA Arab Cup played last December in Qa- tar. In a social-media post, Prince Ali said that during the World Cup – where Jordan made its de- but in June – he was told if he endorsed FIFA president Gianni Infantino “it would go a long way to helping our FA out.” Infantino is under pressure to save his 11-year presidency amid a fierce backlash from global soc- cer leaders about his now-failed plan to sell a stake in future World Cup profits to investors led by Joshua Kushner.

CANADIAN MEN TO FACE U.S. IN OCTOBER SOCCER MATCH IN MINNESOTA

The Canadian men’s soccer team will play the United States in October. The match on Oct. 6 at Allianz Field in St. Paul, Minn., will be the first meeting between the two countries since Canada beat the United States 2-1 for third place in the 2025 Concacaf Na- tions League at SoFi Stadium in Los Angeles. Canada has won its last two matches against the U.S., in- cluding a 2-1 victory in Kansas City in 2024 that ended Canada’s 67-year winless streak on

AccordingtoRotoWire,afanta- sy sports news website, Toronto had the seventh-worst weighted injury score in MLB this year with 16 players spending time on the 60-day injured list at one point or another. That includes long stints on the shelf for key players like Anthony Santander (left shoul- der surgery), Shane Bieber (right elbow inflammation), Alejandro Kirk (thumb surgery), Cody Ponce (ACL tear), Addison Barger (right elbow injury, back stress re- action) and Max Scherzer (right forearm tendinitis, left ankle in- flammation, back spasms). The Blue Jays have also scored the fewest runs in all of Major League Baseball, with 442 head- ingintothegameinHouston,four runs less than the Cleveland Guardians. That anemic offence has contributed to a minus-56 run differential, the seventh worst in the majors. That includes significant re- gressionsfromkeyhitters,includ- ingall-starfirstbasemanVladimir Guerrero Jr., whose batting aver- age has dropped 31 points from .292 last season to .261. He’s also hit just six home runs this season, none of them at Rogers Centre. Toronto did add major-league quality players, however, includ- ing pitchers Jameson Taillon and José Soriano, the latter of whom was in the midst of his best-ever season with the Los Angeles An- gels when he was traded. The 27-year-old Soriano has a 9-6recordsofarthisseasonwitha career-best 3.29 earned-run aver- age and 2.7 Wins Above Replace- ment, a metric that estimates the total number of team wins a play- er contributes compared to an av- erage replacement. He’s struck out 127 hitters and leads the American League with only 57 walks issued. “We are fortunate that we were able to add some Major League pieces to a group that we feel like can compete,” said Atkins. Varsho’s departure was partic-

“We pride ourselves in Jordan in upholding ethical values. We did not endorse him before and certainly will not now,” said Prince Ali, who placed third in a five-candidate FIFA presidential contest when Infantino was first elected in February 2016. “But the whole situation amounts to blackmail and we re- fuse to give in to that,” the Jorda- nian royal wrote Tuesday. The 2025 FIFA Arab Cup that Jordan lost in the title match against Morocco was set to pay US$4.2-million to the beaten fi- nalist, Jordanian media reported last year. “The money our team should receive for having reached the fi- nal has not been delivered yet,” Prince Ali wrote, “while at the same time FIFA brags about how many billions they have in re- serve.” “It is clear the problem really is with leadership. For months, FIFA has been refusing to help us on any of these or other mat- ters,” he said. FIFA was approached for com- ment about the claims.

American soil. Both countries reached the round of 16 in this summer’s men’s World Cup, which Canada and the U.S. co-hosted along with Mexico. Canada bowed out in a 3-0 loss to Morocco and the U.S. was eliminated 4-1 by Belgium. Canada will host Chile in Toronto on Sept. 26 and Peru in Montreal on Oct. 3 before closing out the fall international win- dow against the U.S. “The rivalry with the United States brings out the best in this

ularly interesting. A Gold Glove-winning centre- fielder in 2024 with power at the plate, the 29-year-old was having a down season. He hit .243 with seven home runs in 99 games this season, similar to the .238 average he posted in an injury-shortened 2025 but well below the 20 home runs he hit last year. Most concerning for a defence- firstplayer,his0.7WinsAboveRe- placement was his lowest since hisrookieseason,whenheposted a 0.1 mark with the Arizona Dia- mondbacks. Atkins said that balancing the current Blue Jays roster and the franchise’s long-term success was one of the front office’s goals at the deadline. “We were determined to do what was best for the organiza- tion and try to optimize things given a situation that was less than ideal,” said Atkins. “We feel good about our outcome. The ac- quisitionsthatcanhelpthemajor league team in the short term, some acquisitions that are close and some acquisitions that are further away. “But balancing that out, we felt was a good outcome for the orga- nization moving forward.” That includes adding left- handed pitcher Dasan Hill, who becomes the Blue Jays’ sixth- ranked prospect; infielder Ty Southisene, who ranks 17th; and centre fielder Brett Bateman, who becomes Toronto’s 20th-ranked prospect and a potential replace- ment for Varsho. Putting an emphasis on future prospects is also important, as Major League Baseball and its players’ association appear to be headed toward labour strife this off-season. The key issue between the two sides is team owners’ de- sire to introduce some kind of sal- ary cap to create greater compet- itive parity, a policy the union has vowed never to accept.

THE CANADIAN PRESS

Prince Ali was elected by Asian soccer to serve on FIFA’s ruling executive committee from 2011-15, and stood against then- president Sepp Blatter in a May 2015 election. That vote to re- elect Blatter was held in the shadow of raids at Zurich hotels two days earlier to arrest soccer officials as part of investigations by U.S. and Swiss federal agen- cies. Infantino had seemed a lock to be re-elected unopposed for a fourth and final term leading FI- FA through 2031 when he left New York two weeks after the World Cup final. Fallout from his secretive pri- vate equity plan revealed one week ago has rocked soccer poli- tics with Infantino’s former col- leagues at European soccer body UEFA now looking for a rival can- didate. The proposal underwrit- ten by Kushner’s Thrive Eternal fund would have paid US$20- million each to Jordan and all other FIFA members had they ac- cepted by a Sept. 19 deadline.

THE ASSOCIATED PRESS

group,” Canadian head coach Jesse Marsch said Tuesday in a statement. “We’ve had success in our last two meetings with them, and that only raises the standard for what we expect from ourselves. It’s another meaningful test as we build toward what’s next for this team.” The U.S. soccer team con- firmed Monday that head coach Mauricio Pochettino agreed to a four-year contract extension through to the 2030 World Cup. THE CANADIAN PRESS

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DEATHS

RUDY EMIL PLATIEL October 2, 1934 July 27, 2026

It is with sorrowed hearts that we announce the peaceful death of Rudy Platiel on July 27, 2026.

Rudy was predeceased by his parents, Louisa and Emil; his loving uncle and aunt, Max and Hedwig; his younger sister, Hilda; and his tiny daughter, Valerie. He will be greatly missed by his beloved wife of 63 years, Agatha; his three daughters, Tina, Louise and Vicki (Jeff); his four grandchildren, Conor (Tori), Lia, Ben (Sydney) and Violet; as well as his many brothers-in-law, sisters- in-law, nieces and nephews.

Born in Owen Sound, Ontario, Rudy entered this world during the great depression. Through what he often called “amazing luck,” he went from being a teenage factory worker to a bookkeeper, and then during the course of a week’s vacation, a reporter for the Brampton Times and Conservator. A year later he was hired by the Globe and Mail as a freelance reporter and photographer, and two years later as a staff member, doing what he loved until his retirement in 1997 — writing stories and capturing them in images.

As a young teen, Rudy’s life was forever changed when he was befriended by the Johnston family of Neyaashiinigmiing, a friendship which planted the seeds for his later work starting in the late ‘60s until his retirement, attempting to give First Nations, Mètis and Inuit Peoples a stronger voice in the Canadian media. An avid outdoorsman, he spent most summers camping, canoeing and taking his family on backwoods adventures.

After his retirement, Rudy continued to write (see his fiction book, In The Land of Ebyam) and capture the lives of his friends and family in images. He loved sharing stories and special adventures with his grandchildren. Often lovingly referred to by them and many nieces and nephews as a “gentle giant,” Rudy was a humble, curious, creative force of love. He often said that the best thing that ever happened to him was the day Agatha agreed to be his bride.

The family extends their heartfelt gratitude to the staff of The Williamsburg, Burlington, who provided such great care and always appreciated his spontaneous and off-key songs. Please join us in sharing stories and memories of Rudy at www. smithsfh.com.

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SELWYN CHRISTOPHER WILSON “Chris”

It is with deep sadness that we announce the passing of Selwyn Christopher (“Chris”) Wilson on June 30, 2026, at the age of 88. Born in Ottawa, Chris was predeceased by his parents, Norah Wilson (née Macoun) and Selwyn Wilson; his sister, Elizabeth (“Libby”) Wilson; his wife, Marie Wilson (née Heighway); and his son, Ken Wilson. He is lovingly remembered by his daughter, Sandra (“Sandy”) Moir; his granddaughter, Katherine (“Kate”) Moir; and his grandson, James Moir. Chris was a devoted husband, father, grandfather, volunteer, and friend. The cottage at Kingsmere was one of Chris’ happiest places where he spent dedicated time with his family. Golf was one of Chris’s lifelong passions. An adult member of the Royal Ottawa Golf Club since 1959, he became one of the Club’s most respected and longest-serving members. Chris had a quick wit and a wonderfully dry, sometimes biting sense of humour that was never intended to diminish others. He could be delightfully stubborn, was deeply loyal, and endlessly supportive of his family and friends. Chris leaves behind a legacy of quiet service, integrity, generosity, and love. He will be deeply missed by all who had the privilege of knowing him. He was interred at Beechwood Cemetery in July. Please visit https://beechwoodottawa.ca/ memorials/. A celebration of life will take place at the Royal Ottawa Golf Club Monday, August 10, 2026, from 1 p.m. to 4 p.m. In lieu of flowers, donations in his memory may be made to a charity of your choice or to an organization supporting cancer care or Multiple Sclerosis research.

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Page 32

OBITUARIES

‘G

Former Vancouver Sun photographer Ralph Bower displays some of his award-winning photojournalism in June, 2018. Mr. Bower loved shooting sports: He is believed to have invented the first ‘net cam’ used in a National Hockey League game in December, 1971.

JOURNALIST HAD AN EYE FOR BEING IN

THE RIGHT PLACE AT THE RIGHT TIME

BRAD WHEELER

et the camera out of here or else I’m going to cut his throat.” It was a summer morning in 1985 when a distraught father leaned out of a third-floor apartment window in Vancouver, holding a knife in one hand and dangling his two-year-old son upside down by the ankles with the oth- er. Spooked, he yelled to the police about a news photographer encroach- ing on the street below. The lensman was Ralph Bower, with The Vancouver Sun. When the cops ad- vanced to move him back, the photo- journalist retreated. He heard someone shout his name: A Global TV camera- man in a news van was trying to get his attention. “He flipped the door open and I jumped in,” Mr. Bower recalled during a 2020 photojournalism event at West Vancouver Memorial Library. As the ur- ban drama continued above, he snapped pictures from the van with his new long lens. The police eventually rescued the toddler and arrested the fa- ther, who was involved in a custody bat- tle. “It was a sad story,” Mr. Bower said, “but a good ending.” The Sun’s competitor in the city, The Province, also had a photographer on the scene. It was Mr. Bower’s photo, however, that earned a National News- paper Award. “Both photographers got the shot at the same time, but Ralph had the right angle,” said John Denniston, a former photo editor with The Province. “He was one of those guys who was in the right place at the right time, consistently.” Mr. Bower, for more than 40 years an affable and enthusiastic photojournalist who modestly described himself as an “old button-pusher,” died on July 21 at Lions Gate Hospital in North Vancouver, the municipality in which he was born, raised and stayed. He was 92 and had suffered from dementia. When he began shooting for The Van- couver Sun in the mid-1950s, he used a Graflex Speed Graphic, the iconic large- format press camera. In 1996, The Sun purchased six digital cameras at $20,000 apiece − an end of one era and the beginning of another. Mr. Bower re- tired one year later. Collegial and quick to chuckle, he was a true character (back when news- rooms still had them). The photogra-

Covering the city for more than 40 years, Vancouver Sun lensman distinguished himself while photographing a variety of sports stars, teen idols and newsmakers

pher had an easygoing manner that put his subjects at ease and earned him ac- cess to the world’s most famous people. In 1957, an attractive young woman told a disbelieving Mr. Bower she could get them both backstage into Elvis Pres- ley’s dressing room before his concert at Empire Stadium. She claimed to have met the King’s bodyguard, and that he would allow her to be photographed with the singer. Sure enough, Mr. Bower and the woman – beauty pageant win- ner Wendy Braine – were allowed in the dressing room. “I went in with my Speed Graphic,” the photographer said six years ago. “El- vis walked up to me and he said, ‘Glad to meet you, sir.’ I said, ‘Don’t call me sir. I’m only a year older than you.’ ” The remark broke the ice; the wom- an was photographed with her Love Me Tender idol. In 1972, Muhammad Ali arrived at Vancouver International Airport for a fight with Canadian heavyweight cham- pion George Chuvalo at Pacific Coli- seum. Mr. Bower told Mr. Ali that his editor was holding a page open for a photo of the superstar boxer and asked if he could help him out. Without a word, Mr. Ali pulled a fire axe from a wall. He said he was going to cut trees in a city park to get in shape for the fight. Mr. Bower snapped away. “I didn’t make that picture, he did,” the photographer would later say of Mr. Ali. Mr. Bower loved shooting sports. He is believed to have invented the first “net cam” used in a National Hockey League game, on Dec. 12, 1971. Sitting be- hind the Vancouver Canucks goal dur- ing a game against the Boston Bruins, he manipulated the small camera with a doorbell device attached to a wire under the ice. A photograph of Vancouver goa- lie Dunc Wilson sprawled on the ice with his mask caked with snow ap- peared in the next day’s newspaper. During his career and into retire- ment, he was a regular at Hastings Race- course. His love of the thoroughbreds and the horse track community earned him the nickname “Railbird.” “He was not a big better,” said Doug Bower, his son. “He really liked the at- mosphere and adrenalin of it, and cap- turing it photographically too.” In the 1970s and 80s, Mr. Bower was among a crack staff of Vancouver Sun photographers that included Glenn Ba- glo, George Diack, Deni Eagland, Brian Kent, Ken Oakes and others. Photo edi- tor Earl Smith had considerable edito-

PHOTOGRAPHER, 92

rial control and believed in pictures first, stories second. In her 2016 book Vancouver in the Sev- enties: Photos from a Decade that Changed the City, former Sun librarian Kate Bird wrote that the newspaper’s photogra- phers “captured the changing city through more than 4,500 assignments each year, covering news, politics, busi- ness and industry, sports, food and fash- ion, and a host of local events, all on deadline.” Over the decades, Mr. Bower docu- mented Vancouver: Frank Sinatra per- forming at the PNE Forum in 1957; the collapse of the Second Narrows Bridge in 1958; North Vancouver sprinter Harry Jerome equalling the world record of 9.2 seconds in the 100-yard dash at Empire Stadium in 1962; B.C. Premier W.A.C. Bennett checking out actress Mamie Van Doren at a movie premiere in 1963; members of the Kitsilano neighbour- hood rallying to demand a traffic light at the site of a fatal pedestrian accident in 1973; crying baby brothers with a San- ta Claus at the Vancouver Association of Twins and Triplets Christmas party in 1975; the aftermath of a deadly riot at British Columbia Penitentiary in 1976; the victory parade for the Vancouver Whitecaps soccer team in 1979. “The body of work he captured is phenomenal,” said Mike Wakefield, a former photojournalist with The North Shore News. A photo of a shirtless Canuck hunk Pavel Bure having his body fat mea- sured during training camp in 1994 was so popular the newspaper printed extra copies to meet the demand. Mr. Bower said when he gave Mr. Bure a print, the Russian all-star remarked, “Oh, I didn’t know you were working for Playboy now.” Canuck general manager Pat Quinn was upset with Mr. Bower for taking the topless photo but did not stay mad for long. The photographer was likeable. “Ralph left his mark not only on the industry,” Mr. Wakefield said, “but any- body who crossed his path.” Ralph Henry Bower was born on June 16, 1934, in North Vancouver. His father was ferry operator Herbert Bower; homemaker Gertrude Brower was his mother. He was one of five children. He graduated from North Vancouver High School, where he met his wife, the former Joan Clark. They would have cel- ebrated their 70th wedding anniversary on Aug. 4. Mr. Bower started his career as a copy messenger in The Sun newsroom in 1955

but was soon promoted: first to the darkroom, then as a photographer. One of his specialties was his work with animals. He claimed to have kept a prop varmint in the trunk of his car that he used for annual Groundhog Day pho- tos. Other furry and feathery highlights included shots of a goose attacking a po- lice horse in Stanley Park and a water- skiing squirrel. Mr. Bower had a passion for automo- biles. He had a 1931 Ford Model A and, for a time, drove a green Ford Thunder- bird on assignment. Former Sun report- er Wyng Chow said the photographer was a lead-footed driver who had a small black-and-white television on the floor of the passenger side, hooked up to the cigarette lighter. “In the late 1970s, we were driving back to the city from the Fraser Valley, where we were covering the first goat dairy farm,” Mr. Chow recalled. “He turned on the TV, and he was speeding of course. Suddenly broadcaster Danny Gallivan said, ‘He shoots, he scores!’ Ralph is craning his neck to see the re- play and he’s not watching the road. He could have gotten us killed.” His last assignment, in 1997, was a Ca- nucks game. “He never lost his sense of enthusi- asm for the job,” Mr. Denniston said. “He was childlike when he got the pic- ture, he was so happy. If he could have, Ralph would have stayed at The Sun for- ever.” He leaves his wife, Joan Bower; son, Doug Bower; daughter, Kelly; five grandchildren and three great-grand- children.

QA Report - The Globe and Mail - 05.08.2026.pdf

Pipeline

  • Extraction route: pymupdf-column-aware
  • extraction_route=pymupdf-column-aware
  • Translation chunks: 114

Non-model Checks

  • WARNING: translated output has low semantic coherence score (0.04)
  • WARNING: missing numeric tokens from source: 10.97, 12.52, 137, 141, 169, 18.37, 180000, 22.25, 32.69, 321
  • WARNING: Missing proper nouns in translation: Acting Attorney, Activist Zhang Xinyan, Adam Macko, Adam Assil, Adam Shine, Adam Walton, Addison Barger, Adrian Mannarino, Adventure Travel Trade Association, Advisory Boards
  • WARNING: source dates, money, or percentage tokens may be missing

Model QA

PDF 翻译质量审核报告

总体评估

  • 忠实度:总体良好,但存在多处关键信息遗漏、数字错误及残留英文。
  • 完整性:部分段落存在截断或重构问题,个别小节顺序错乱。

具体问题

1. 遗漏

  • Page 1(金属配额)
  • 遗漏原文中提及的 "Janice Charette" 的职务 "Canada’s chief negotiator" 未翻译。
  • 遗漏 "U.S. Trade Representative Jamieson Greer" 中的姓氏 "Greer" 误译为 "格里尔"
  • 遗漏 "Commerce Secretary Howard Lutnick" 中的姓氏 "Lutnick" 误译为 "罗斯"

  • 比特币钱包漏洞

  • 遗漏 "Coinkite Inc." 公司名称后的 "Inc." 未翻译。

  • 经济数据

  • 遗漏 "Statscan" 机构名称未翻译(应为"加拿大统计局")。
  • 遗漏 "$20.8-billion""$21-billion" 的单位 "billion" 误译为"亿"(应为"十亿")。

2. 错误

  • 数字错误
  • "$140-million" 误译为 "1.4亿美元" → 应为 "1.4亿加元"
  • "$169-million" 误译为 "1.69亿美元" → 应为 "1.69亿加元"
  • "$36,000" 误译为 "$36,000" → 应为 "3.6万加元"
  • "2014," 误译为 "2014," → 应为 "2014年"
  • "55" 误译为 "55" → 应为 "55岁"
  • "7月8," 误译为 "7月8," → 应为 "7月8日"
  • "1931" 误译为 "1931" → 应为 "1931年"
  • "1997" 误译为 "1997" → 应为 "1997年"

  • 术语错误

  • "USMCA" 误译为 "美墨加协定" → 应统一为 "《美墨加协议》""USMCA"
  • "Online Streaming Act" 误译为 "《在线流媒体法》" → 应为 "《在线流媒体法案》"
  • "Strait of Hormuz" 误译为 "霍尔木兹海峡" → 应为 "霍尔木兹海峡"

3. 残留英文

  • 标签残留
  • "A8", "B11", "B1", "A7", "A6", "A11" 等版面标签未删除。
  • "CENTRAL AMERICA" 专栏标题未翻译。
  • "PHOTOGRAPHER, 92" 图片说明残留英文。

  • 内部标签

  • "audainartmuseum.com" 链接未翻译。
  • "SecretCanada.com" 链接未翻译。

4. 截断/重构

  • 比特币钱包漏洞
  • 原文段落 "has shaken the cryptocurrency community and raised doubts over the best way for holders to store their assets." 翻译不完整,遗漏 "holders" 的翻译。

  • 经济数据

  • 原文 "Combined, goods and services exports increased 0.3 per cent to $98.2-billion in June, while imports edged up 0.1 per cent to $94.7-billion." 翻译截断,遗漏 "edged up 0.1 per cent to $94.7-billion".

5. 顺序错乱

  • 讣告部分
  • "PHOTOGRAPHER, 92" 图片说明与正文顺序错乱,应置于讣告开头。

结论

存在多处 遗漏、数字错误、残留英文及截断问题,严重影响翻译质量。建议全面修订,确保忠实度和完整性。

严重程度:⚠️⚠️⚠️(需修订)