‘Meaningless’ for mate, but catastrophic for you

Signs the Carney approach is working

It was, if nothing else, a glowing review in trying times.

Matt Winkler, the editor in chief emeritus of Bloomberg News, spoke last week on Bloomberg Business News Daily about a recent Bloomberg analysis of the performance of the Canadian economy, and this country as a target for investment

“This is one of the greatest periods for overseas investment in Canada that we’ve seen in the century, and it may be unprecedented, because we have to wait for the rest of the year. … Money is pouring into Canada like we have not seen from everywhere. Stocks and bonds are the obvious beneficiaries,” Winkler said. He argued that Canada is both liked and seen as reasonable.

“The point is… Canada since Mark Carney became prime minister in 2025, has outperformed everyone in America and also the Eurozone and anywhere in the world. The 10 largest stock markets in the world, Canada appreciated the most, more than 40 per cent. … Its bond market is also doing great, partially because the inflation rate in Canada, unlike the Eurozone or America, is actually trending lower, and is outperforming both the Eurozone and the U.S.”

Letters, Aug. 12

Manitoba’s Bill 43 finally gives e-scooters legal status, but I fear we are regulating our cheapest, cleanest transportation into a corner. The new rules ban riders under 16, ban sidewalk riding nearly everywhere, and ban these vehicles from faster roads, before Winnipeg has built a bike lane network that gives them anywhere safe to go.

‘Exciting news’ on rail relocation coming

Premier Wab Kinew is expected to make an announcement concerning long-awaited Winnipeg rail relocation later this week.

Former federal transport minister and Manitoba MP Lloyd Axworthy, who Kinew tasked in October 2024 with leading a two-year rail relocation feasibility study, confirmed there would be an announcement Wednesday.

“We’ve had this rail study group which I’ve chaired and we’ve been responsible for developing recommendations,” Axworthy said Monday.

The longtime champion for Winnipeg rail relocation, who is vacationing at his cottage on Lake Winnipeg, deferred to the premier’s office for information, but confirmed he will attend Wednesday’s news conference.

Frustrated owners won’t rebuild demolished Boujee

The co-owner of a former Main Street restaurant vows he will not rebuild in Winnipeg’s downtown, owing to constant crime and vandalism in the area.

Kanish Sood, who is one of three partners of the now-demolished Boujee Restaurant and Bar, said he did everything he could to keep the building safe from vandals after it was hit by arson last October.

“After that (fire), there is about already 15, 20 times there has been break-in in the property,” Sood said Monday. “We have been informing police continuously that there is continuously break-ins. People are trying to go inside the building and stealing things, but there was no action.”

After Boujee was torched, Sood and his partners locked the building and boarded it up. They also hired private security to monitor it. The break-ins continued.

Today’s horoscope

MOON ALERT: Caution! Avoid shopping or major decisions after noon today. The solar eclipse (new moon) in Leo peaks at 12:37 p.m.

ARIES (March 21-April 19)

This is the perfect time to hatch some new ideas and plans, perhaps related to vacations, your kids or an artistic project that appeals. Even though it’s a sudden decision, it might lead to more stability in the future.

TAURUS (April 20-May 20)

Ducks Unlimited makes province’s largest-ever conservation-land purchase

A Manitoba landscape that helped save the Giant Canada goose from extinction has now been permanently protected in the province’s largest conservation land purchase in history.