WHAT YOU NEED TO KNOW
Canada, U.S. and Mexico to jointly host 2026 World Cup
While Canada, the United States and Mexico may have hit rough waters in trade talks, they have one thing in common today: soccer. The three countries will co-host the FIFA World Cup in 2026. The united bid won the vote by member associations over Morocco at the FIFA Congress in Moscow. It’s a first for Canada. Mexico has previously twice hosted the World Cup, and the United States once. The current plan is for 10 games to be played here, in Edmonton, Toronto and Montreal.
But should we be celebrating? “Right now, the feeling is jubilation,” Cathal Kelly writes. “Everyone has time-travelled to the future and is imagining themselves in the stands as the world’s biggest sporting event gets under way. And, yes, that will be fun. What they’re not yet considering are the eight years in between. ... If North America manages to get most of this right, they’ll be the first. ”
Liberal government rejects Senate changes to marijuana bill, vows all Canadians will be able to grow cannabis
The right for Canadians to grow their own has become a sticking point in the country’s journey to legalize marijuana. Bill C-45 includes a provision that allows every Canadian to cultivate four plants at home. Last week, the Senate returned the legislation to the House of Commons with amendments, including allowing provinces to prohibit home cultivation. Today, Health Minister Ginette Petitpas Taylor said the House of Commons will reinstate the right of all Canadians to grow cannabis, saying the proposed legislation needs to be harmonized with laws dealing with alcohol, tobacco and medical marijuana. Twelve other Senate amendments were rejected. The government is planning to use its majority in the House to send back the legislation to the unelected chamber for final approval.
U.S. Federal Reserve raises rates amid stronger inflation, drops crisis-era guidance
As widely expected, the Federal Reserve raised interest rates today. The move marked a milestone in the U.S. central bank’s shift from policies used to battle the 2007-2009 financial crisis and recession. In raising its benchmark overnight lending rate one-quarter of a percentage point to a range of between 1.75 and 2 per cent, the Fed dropped its pledge to keep rates low enough to stimulate the economy “for some time” and signaled it would tolerate inflation above the 2-per-cent target at least through 2020.
Ontario premier-designate Doug Ford supporting Trudeau on trade
Doug Ford says that while he may clash with Prime Minister Justin Trudeau on issues such as carbon pricing, he will “stand side by side” with the federal government when it comes to international trade and protecting Canadian jobs. Ford met with industry representatives today to discuss talks on the North American free-trade agreement, and said the U.S. tariffs on steel and aluminum will hurt jobs on both sides of the border and should be lifted.
Meanwhile the Canadian government is rallying U.S. politicians and businesses in a fight against the punitive import taxes U.S. President Donald Trump has imposed. Foreign Affairs Minister Chrystia Freeland is using her visit to Washington this week to meet with the U.S. Senate foreign relations committee, chaired by Tennessee Senator Bob Corker, a staunch opponent of the steel and aluminum tariffs.
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U.S. Treasury yields jumped and the greenback pared earlier losses after the Federal Reserve raised interest rates and signaled that two more hikes could be coming this year. Wall Street had opened slightly in the black after a court approved AT&T’s US$85-billion takeover of Time Warner , but reversed those gains in afternoon trading. The Dow Jones Industrial Average fell 117.74 points to 25,202.99, the S&P 500 lost 11.19 points to 2,775.66 and the Nasdaq Composite dropped 8.10 points to 7,695.70. In Toronto, the S&P/TSX composite index closed down slightly, falling 23.16 points to 16,292.55.
WHAT’S TRENDING ON SOCIAL
Today saw the release of a new Heritage Minute, this one telling the story of what seemed, at the time, a setback in human rights: the 1995 Supreme Court of Canada ruling in Egan v Canada that denied benefits to same-sex couples. The case is now recognized as a landmark in advancing equality, John Ibbitson writes. Jim Egan met his life partner, Jack Nesbit, in 1948. Egan turned 65 in 1986 and began receiving a government pension. When Nesbit applied for spousal benefits, the federal government said no. The couple decided to test the boundaries of the recently enacted Charter of Rights and Freedoms and took the government to court. Within years of the 1995 ruling, courts were striking down laws discriminating against same-sex couples, eventually affirming their right to marry.
We need men’s voices - and wallets - to help women in domestic crisis
“There is money out there, as yet untapped. It’s in the wallets of men who have been too uncomfortable to step forward, or perhaps have never been asked. They might not have known how to make a tangible difference, until now.” - Elizabeth Renzetti
To be a reformer, Trudeau must focus less on the middle class and more on the poor
“Winning an election by appeals to the middle class is one thing. But continuing with that emphasis while almost five million Canadians are in poverty is a betrayal of the democratic goal of equality. It’s a particular betrayal of poor Canadian children who have been promised equality of opportunity.” - Ed Broadbent
We can’t let the window close on reforming our pot laws
“All of the hard intellectual work on marijuana policy was done 50 years ago. What we have seen ever since has been described as a repeating cycle of ‘promise, hesitation and retreat.’ Plan after plan has been advanced that would shift the focus of our approach to marijuana regulation from the criminal justice system to a public health regime, but nothing has ever come of it, despite consistently high levels of public support for at least some measure of decriminalization.“ - Andrew Potter
Facebook is taking steps it says will create more transparency for its users and demand more accountability from advertisers. Starting July 2, Facebook for the first time will require advertisers to tell its users if a so-called data broker supplied information that led to them being served with an ad. Data brokers are firms that collect personal information about consumers and sell it to marketers and other businesses. Facebook has also set up new procedures for the handling of names of potential customers supplied by data brokers. Advertisers seeking to upload lists of these prospects onto Facebook’s platform will first have to promise that the data vendor obtained any legally required consent from those consumers.
LONG READS FOR A LONG COMMUTE
My 92-year-old dad has a new lease on life
First Person: “I also recognize that I, too, am aging. I worry about how I will productively spend my time as I become increasingly irrelevant in my career, in the world and to everyone else. But as I consider how my Dad is spending his final few years with his books, as he maintains this new curiosity, a search for answers, some truth, that sense of innocence he is finding in his reading, I can only believe there is hope for me, too.” - David Mills
After a 700-year slumber, a secret attic filled with treasures at London’s Westminster Abbey opens to the public
A secret attic room in London’s Westminster Abbey has opened to the public for the first time in 700 years. And it’s packed full of treasures. Built in the 13th century, the 900-square-metre space has been cleared of centuries of dust in order to display 300 prized objects – many of them never seen before – from the abbey’s 1,000-year history. Until now, the abbey’s attic space has been used mostly for storage, but the Dean of Westminster, Very Rev. Dr. John Hall, was able to look beyond the cobwebs and clutter and see opportunity.