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Israel’s much-anticipated retailiation for Iran’s weekend barrage of drones and missles came early Friday morning, with Iranian media reporting blasts near two cities in Isfahan province, including near an air force base.
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Iran state media played down the attack, describing the three explosions near the military base as the activation of Iran’s air defence systems to shoot down drones.
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Iran’s Isfahan province is home to several sites related to its nuclear program, including a Nuclear Technology Centre that is the country’s largest complex for nuclear research.
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That facility, however, “is completely safe,” The Islamic Revolutionary Guard Corps-backed Fars news agency reported Friday. The International Atomic Energy Agency confirmed that Iranian nuclear sites were unharmed.
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Iran grounded commercial air travel for several hours, but resumed flights by mid-morning.
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In Friday remarks reported by state media, Iranian President Ebrahim Raisi made no mention of the Israeli strike, instead praising Iran’s Sunday offensive on Israel as a unifying moment that showed the country’s “steely will.”
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Israel did not formally confirm its role in the counterattack, although two Israeli defense officials acknowledged the country’s participation to the New York Times.
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Military personnel stand guard at a nuclear facility in the Zardanjan area of Isfahan, Iran, April 19, 2024, in this screengrab taken from video.
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WANA/Reuters
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Ontario Premier Doug Ford and the province’s medical association are criticizing the federal government’s new capital-gains tax increase, saying it will negatively affect doctors and could force physicians out of practice.
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The Trudeau government has assured that these changes will only hit the ultrawealthy, but Ford disputed this claim, saying that average people investing in a small number of stocks over the years will feel the impact as well. He said the people most affected by the changes are doctors, a sentiment echoed by the Ontario Medical Association, which also warned that the changes will affect doctors and could force them out of practice.
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Tuesday’s budget outlined changes to how capital gains are taxed. As of June 25, the inclusion rate for companies – the portion of a capital gain on which tax is paid – would increase to two-thirds, up from one half. The increase would also apply to individuals, but only on capital gains above $250,000. (A capital gain is the profit an individual or a business earns when they sell an asset, such as stocks or property.)
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Ontario Premier Doug Ford speaks during an announcement at city hall, April 5, 2024, in Ottawa.
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Adrian Wyld/The Canadian Press
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The 2024 Olympic Games in Paris will press ahead with ambitious plans to hold the opening ceremony on the River Seine, despite French President Emmanuel Macron’s warning that the event may have to be scaled back because of security concerns.
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French officials remain determined to showcase the capital by staging the ceremony outside the main stadium for the first time. Athletes from 205 delegations will travel along a six-kilometre section of the Seine in a flotilla of 90 boats. The route passes through the heart of Paris, starting at the Austerlitz bridge near the Jardin des Plantes and heading west past Notre Dame cathedral to the Trocadéro, which is across the river from the Eiffel Tower.
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A countdown clock for the Paris 2024 Olympic Games, indicates 100 days before the start of the opening ceremony, in front of the Eiffel Tower in Paris, on April 16, 2024.
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STEFANO RELLANDINI/Getty Images
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This week’s federal budget raised taxes on:
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In early trading, FTSE 100 declined 0.6 per cent and is down 2.3 per cent so far this week, set for its worst week in three months. The CAC 40 in Paris slipped 0.8 per cent while Germany’s DAX lost 1.1 per cent.
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Japan’s benchmark Nikkei 225 lost 2.7 per cent, paring losses in the early trading when it plunged 3.5 per cent. Hong Kong’s Hang Seng index closed 0.99 per cent lower.
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The dollar traded at 72.60 cents.
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What everyone’s talking about
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Canada’s had 31 years of bad Stanley Cup karma. Now that could change
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“Thirty-one years. In the equivalent time frame after the founding of the National Hockey League in late 1917 – no Cup was awarded in 1919 because of the Spanish Flu epidemic – Canadian teams won the Cup 19 times. There has to be a rational reason for this – or perhaps one not so rational at all.” – Roy MacGregor
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Ottawa’s plan for a (limited) increase in the capital-gains tax? It’s a start
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“There are lots of other third rails in Canadian politics – long-standing and costly policies that governments will not touch, no matter their illogic or unfairness, for fear of electoral electrocution. But what if governments dared to go there? Since I’m not running for office, I can.” – Tony Keller
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The failure of Canada’s health care system is a disgrace – and a deadly one
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“Despite our delusions, we don’t have “world-class” health care, as our Prime Minister has said; we don’t even have universal health care. What we have is health care if you’re lucky, or well connected, or if you happen to have a heart attack on a day when your closest ER is merely overcapacity as usual, and not stuffed to the point of incapacitation.” – Robyn Urback
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Today’s editorial cartoon
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Illustration by David Parkins
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For eight days in the spring, Jews honour their ancestors’ escape from slavery in Egypt. Passover’s allegorical meal, the seder, tells the exodus story with each ingredient. Parsley dipped in saltwater represents tears shed by the enslaved Jews. Charoset, a fruit and nut paste, signifies the mortar used to construct the Pharaoh’s buildings. Matzo has two meanings: The unleavened bread illustrates how the hastily fleeing Jews had no time for their bread to rise, and it also symbolizes their suffering – hence its nickname, the “bread of affliction.”
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But for Alexis Steinman, suffering is a fitting word for anyone who has tried matzo. She says the flimsy flatbread is more akin to cardboard than actual food. As to whether the total lack of taste or the bone-dry texture is more responsible for making it so unappetizing, it’s a tie. That is, until she stumbled across La Bienfaisante, a delicious matzo made by an Franco-Algerian company called Biscuiterie Agenaise. Steinman reports on the best matzo you’ve never heard of.
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Moment in time: April 19, 1956
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Lionel (Buster) Crabb goes missing
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Frogman Lionel Crabb, who was accidentally killed while completing a top secret mission.
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Hulton Deutsch/Getty Images
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Lionel Crabb was a decorated war vet, a bomb-disposal expert, a Royal Navy diving instructor and by the time he died when he was 47 – less than 10 hours after downing five double-shots of Scotch – a frogman for Britain’s MI6 spy agency. In the early morning on this day in 1956, Crabb – whose nickname was Buster in honour of the swashbuckling American Buster Crabb – slipped into the dark waters of Portsmouth harbour in full scuba gear, supposedly to do reconnaissance on a Soviet gun cruiser, Ordzhonikidze, which was temporarily docked in England. He never resurfaced. Ten days later, the British government, which desperately wanted the embarrassing espionage incident to go away, said Crabb was missing and presumed dead. Perhaps. Explanations of his disappearance included: equipment failure, head cut off by the ship’s propeller, defection as a Russian spy, and his airhose and throat slashed by a Russian sailor. A body – missing its head and hands, which made identification impossible – was found in nearby Chichester Harbour 14 months later, but it was never positively identified as Crabb’s. However, the truth will come out. The secrecy act covering British government documents about Crabb expires in 2057. Philip King.
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