Good evening, let’s start with today’s top stories:
A multibillion-dollar settlement for children and families affected by Ottawa’s underfunding of services on reserves will be presented to the Canadian Human Rights Tribunal for approval.
This latest settlement, endorsed by First Nations chiefs, comes after years of threatened lawsuits by the Assembly of First Nations and human rights tribunal rulings that rejected many offers by Ottawa, including one last year.
The settlement includes an additional $3-billion for compensation for 13,000 more children as well as other amendments.
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Sumitomo rebuffs Glencore’s attempt to engage over attempted takeover of Teck Resources
Sumitomo Metal Mining Co., a major holder of Teck Resources Ltd.’s super-voting class A shares, is refusing to even meet with Glencore to discuss the Swiss mining giant’s unsolicited takeover offer for Teck.
Sumitomo and the Keevil family jointly control the Teck’s A shares that carry 100 votes each. Unless they are on board with Glencore’s US$23.1-billion takeover offer, the deal can’t go forward. Earlier in the week, Keevil family patriarch Norman B. Keevil told The Globe and Mail that he had no interest in allowing Teck to be sold to Glencore, saying “Canada is not for sale.”
Glencore CEO Gary Nagle said on Monday that he hoped to engage with Sumitomo to try to convince the Japanese investor to back its takeover deal, even in the face of Keevil’s objections but appears to have failed.
- Analysis: What will Glencore do now that Teck’s controlling shareholder is not on board with its takeover?
Donald Trump’s hush-money case raises some legal issues
Donald Trump’s indictment this week has raised issues about state and federal law that could provide openings for the defence to try to get the charges against the former U.S. president tossed out before the case gets to trial.
Falsifying business records can be charged as a misdemeanor that would not normally result in prison time. It rises to a felony, which could result in up to four years in prison, if there was an intent to commit or conceal a second crime.
Some legal observers have been surprised that the indictment itself wasn’t more specific about how each of the charges was elevated to a felony.
Read more:
- Donald Trump has been booked and charged – what happens now?
- Stormy Daniels ordered to pay $122,000 of Trump’s legal fees
- Pence won’t appeal order compelling grand jury testimony in Trump investigation
- Lawrence Martin: “While this case might not go far, it was evident from Mr. Trump’s self-pitying diatribe at Mar-a-Lago after the arraignment that he knows and he fears that the worst is yet to come.”
ALSO ON OUR RADAR
Police to end tent encampment in Vancouver: Officers have been dispatched to a tent encampment on the city’s Downtown Eastside with the aim of shutting down the site to campers. City of Vancouver said it decided to act due to “the growing public safety risk” posed by the encampment on East Hastings Street.
Latest on the war in Ukraine: Ukraine’s President Volodymyr Zelensky said Ukrainian troops were still fighting for Bakhmut in the east but could withdraw if they risked being cut off. An officer in President Vladimir Putin’s secretive elite personal security service, who has knowledge of intimate details of Putin’s life and potentially classified information, has defected.
Britain looks to Canada for hostage diplomacy lessons: In a new report published this week, British lawmakers praised Ottawa’s approach to bringing the “two Michaels” back to Canada.
Husband of ex-Scottish leader reportedly arrested: Nicola Sturgeon’s husband has been arrested as part of an investigation into the funding of the governing pro-independence Scottish National Party.
Violence in Jerusalem: Israeli police stormed the Al-Aqsa Mosque in Jerusalem’s Old City early today, firing stun grenades at Palestinians who hurled stones and firecrackers. Palestinian militants in Gaza responded with rocket fire on southern Israel, prompting repeated Israeli airstrikes.
Preschool attack in Brazil: A man with a hatchet jumped over a wall and invaded a daycare centre today in Brazil, killing four children and wounding at least five others, authorities said.
Cost of fertility treatments in Canada: Several Canadians who are undergoing fertility treatments share what it’s costing them and things to consider now if you’re interested in having kids one day. Listen to the Stress Test podcast.
MARKET WATCH
The TSX, S&P 500 and the Nasdaq ended lower on Wednesday after a growing wave of weak economic data deepened worries that the Federal Reserve’s rapid interest rate hikes might tip the U.S. economy into a recession.
The S&P/TSX composite index ended down 116.21 points at 20,159.55.
In New York, the Dow Jones industrial average closed up 80.34 points at 33,482.72. The S&P 500 index was down 10.22 points at 4,090.38, while the Nasdaq composite was down 129.47 points at 11,996.86.
The Canadian dollar traded for 74.31 cents US compared with 74.37 cents US on Tuesday.
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TALKING POINTS
François-Philippe Champagne is building his case to replace Justin Trudeau
“Mr. Champagne switches with ease from playing good cop to bad cop, in both official languages, steadily building a case that he – rather than Finance Minister Chrystia Freeland or even former Bank of Canada governor Mark Carney – is the best person to lead the Liberals after Prime Minister Justin Trudeau steps down.” – Konrad Yakabuski
Danielle Smith’s ill-advised call sends a troubling message about the rule of law
“And yet, justice must not only be done – it must also be seen (and heard) to be done, in order to preserve critical public trust in the administration of justice. In these respects, Ms. Smith’s call raises troubling signs.” – Eric M. Adams
LIVING BETTER
A beginner’s guide to a zero-waste kitchen
Extend the life of fragile greens such as spinach and fresh herbs by tucking a paper towel into the bag or plastic bin to absorb excess moisture. Remember that any fresh or cooked food item can be frozen. Just note that the texture may change. Read more tips here.
TODAY’S LONG READ
Alison Roman on unfussy food, her love of maple syrup and bouncing back after being ‘cancelled’
Alison RomanIllustration by Photo illustration by The Globe and Mail. Source image: Chris Bernabeo
Chef Alison Roman has become a household name with her YouTube series she calls “Home Movies,” and with her online newsletter, A Newsletter. This spring, Roman will launch a much-anticipated third cookbook, Sweet Enough, where she focuses on the daunting world of baking. There are more fans in her DMs than critics even though she was, in her own words, “cancelled” for comments made about Asian-American influencers in a May, 2020, interview with The New Consumer. Readers were unhappy with Roman’s critique of Marie Kondo and Chrissy Tiegen. As she embarks on a tour, she looks forward to interacting with her fans. “People have formed these really deep relationships with my recipes and cookbooks and it feels really nice to be a part of people’s lives.” Read the full interview here.
Evening Update is written by Prajakta Dhopade. If you’d like to receive this newsletter by e-mail every weekday evening, go here to sign up. If you have any feedback, send us a note.