Business
Canadian Taxpayers Federation looking into value of CBC properties
From the Canadian Taxpayers Federation
CBC amasses half a billion in real estate
Author: Ryan Thorpe
The Canadian Broadcasting Corporation has amassed nearly half-a-billion dollars in real estate holdings, according to documents obtained by the Canadian Taxpayers Federation.
The CBC’s real estate portfolio, comprised of 12 properties scattered across Canada, is assessed at more than $444 million. The CBC leases another 72 properties, including five in foreign countries, that it refuses to disclose costs for.
“It sure seems the CBC is spending way more on its buildings than competitors spend, but what value do taxpayers get for all these properties?” said Franco Terrazzano, CTF Federal Director. “Taxpayers have every right to question why we’re paying for all these CBC buildings in Canada and in other countries.”
Records detailing the CBC’s real estate portfolio were released in response to a written order paper question from Conservative MP Adam Chambers (Simcoe North).
CBC’s most expensive is its Toronto headquarters, which is assessed at nearly $314 million.
For context, when TorStar – the parent company that publishes the Toronto Star – was sold in 2020, the price tag for the entire newspaper chain was $52 million. And when the Calgary Herald sold its building earlier this year, it went for $17.25 million. In 2012, the Globe and Mail sold its head offices in downtown Toronto for $136 million. The National Post sold its headquarters in Toronto for $24 million in 2012.
Table: CBC-owned property, assessed municipal value
|
Location |
Value |
|
Toronto, Ont. |
$313,866,000 |
|
Vancouver, B.C. |
$99,061,000 |
|
Winnipeg, Man. |
$11,718,000 |
|
St. Johns, N.L. |
$4,439,000 |
|
Yellowknife, NWT |
$3,181,720 |
|
Fredericton, N.B. |
$2,791,000 |
|
Charlottetown, P.E.I. |
$2,631,800 |
|
Saguenay, Que. |
$2,485,939 |
|
Whitehorse, Yuk. |
$1,847,410 |
|
Winnipeg, Man. |
$1,541,000 |
|
Thunder Bay, Ont. |
$537,000 |
|
Rankin Inlet, Nun. |
$314,600 |
|
Total |
$444,414,469 |
The CBC is refusing to disclose what it spends on the 72 other properties it currently leases in Canada and abroad, citing it as “commercially sensitive information.”
Outside of Canada, the CBC leases property in London, U.K., Mumbai, India, Paris, France, and New York City and Washington, U.S.A.
In Paris, France, the CBC leases offices in “a corner building on one of the prestigious avenues leading off the Arc de Triomphe,” located in the city’s 17th Arrondissement, on the right bank of the River Seine.
In London, U.K., Canada’s public broadcaster leases office space bordering the city’s Soho district, famous for its restaurants and nightlife, located a short drive from Buckingham Palace and Hyde Park.
And in New York City, the CBC leases office space in downtown Manhattan, a short walk from Rockefeller Centre and Central Park.
It also leases multiple properties in six Canadian cities, including two in Prince Rupert, B.C. (pop. 12,300) and two in Matane, Que. (pop. 14,000).
In Montreal, the CBC leases three properties, including its French-language headquarters on Papineau Avenue. While it is now refusing to say what it costs to lease its Montreal HQ, back in 2019, the CBC disclosed it was paying $20 million per year.
“Why does the CBC need to lease these properties in far-flung countries, let alone multiple properties in smaller Canadian towns, and how much is all of this costing taxpayers?” Terrazzano said. “The CBC costs taxpayers more than $1 billion every year, so at the very least it owes Canadians full transparency.”
In 2021, the CBC took $1.2 billion from taxpayers, including $21 million in “immediate operational support” to ensure its stability during the pandemic. In late-2022, the feds gave the CBC another $42 million to help it “recover from the pandemic,” as reported by the National Post.
The CBC gave staff $28.5 million in bonuses and pay raises in 2022. There are now 949 CBC staff taking home a six-figure annual salary, with the number of employees on the sunshine list doubling since Prime Minister Justin Trudeau came to power in 2015.
Business
‘Context Of Chemsex’: Biden-Harris Admin Dumps Millions Into Developing Drug-Fueled Gay Sex App
From the Daily Caller News Foundation
By Owen Klinsky
The Biden-Harris administration is spending millions funding a project to advise homosexual men on how to more safely engage in drug-fueled intercourse.
The University of Connecticut (UCONN) in July announced a five-year, $3.4 million grant from the U.S. National Institute of Health (NIH) for Assistant Professor Roman Shrestha to develop his app JomCare — “a smartphone-based just-in-time adaptive intervention aimed at improving access to HIV- and substance use-related harm reduction services for Malaysian GBMSM [gay, bisexual, and other men who have sex with men] engaged in chemsex,” university news website UCONN Today reported. “Chemsex,” according to Northern Irish LGBTQ+ nonprofit the Rainbow Project, is the involvement of drug use in one’s sex life, and typically involves Methamphetamine (crystal meth), Mephedrone (meth), and GHB and GBL (G).
Examples of the app’s use-cases include providing a user who has reported injecting drugs with prompts about ordering an at-home HIV test kit and employing safe drug injection practices, UCONN Today reported. The app is also slated to provide same-day delivery of HIV prevention drug PrEP, HIV self-testing kits and even a mood tracker.
“In Malaysia, our research has indicated that harm reduction needs of GBMSM [gay, bisexual, and other men who have sex with men] engaged in chemsex are not being adequately met,” Shrestha told UCONN Today. “Utilizing smartphone apps and other mHealth tools presents a promising and cost-effective approach to expand access to these services.”
Homosexuality is illegal in Malaysia and is punishable by imprisonment, according to digital LGBTQ+ rights publication Equaldex. Drug use, including of cannabis, is illegal in Malaysia, and drug trafficking can be a capital offense.
The Old Border Czar VS The New Border Czar pic.twitter.com/9Ie8JRsroR
— Daily Caller (@DailyCaller) November 12, 2024
The NIH disbursed $773,845 to Shrestha in July to conduct a 90-day trial testing the efficacy of JomCare among 482 chemsex-involved Malaysian gays. It also provided Shrestha with $191,417 in 2022 to “facilitate access to gender-affirming health care” for transgender women in the country.
“Gender-affirming care” is a euphemism used to describe a wide range of procedures, including sometimes irreversible hormone treatments that can lead to infertility as well as irreversible surgeries like mastectomies, phalloplasties and vaginoplasties.
Shrestha has a track record of researching mobile health (mHealth) initiatives for foreign homosexuals, co-authoring a 2024 study entitled, “Preferences for mHealth Intervention to Address Mental Health Challenges Among Men Who Have Sex With Men in Nepal.”
The proliferation of LGBT rights has been a “foreign policy priority” under the Biden-Harris administration, a State Department spokesperson previously told the Daily Caller News Foundation, with President Joe Biden instructing federal government department heads to “to advance the human rights of LGBTQI+ persons.”
“Around the globe, including here at home, brave lesbian, gay, bisexual, transgender, queer, and intersex (LGBTQI+) activists are fighting for equal protection under the law, freedom from violence, and recognition of their fundamental human rights,” a 2021 White House memorandum states. “The United States belongs at the forefront of this struggle — speaking out and standing strong for our most dearly held values.”
President-elect Donald Trump announced on Nov. 12 that Elon Musk and Vivek Ramaswamy would collaborate to establish a new Department of Government Efficiency (DOGE), with Musk claiming the agency would feature a leaderboard for the “most insanely dumb spending of your tax dollars.” Some DOGE cuts could come from LGBTQ+ programs, such as a grant from the United States Agency for International Development to perform sex changes in Guatemala and State Department funding for the showing of a play in North Macedonia entitled, “Angels in America: A Gay Fantasia on National Themes.”
“The woke mind virus consists of creating very, very divisive identity politics…[that] amplifies racism; amplifies, frankly, sexism; and all of the -isms while claiming to do the opposite,” Musk said at an event in Italy in December 2023, according to The Wall Street Journal. “It actually divides people and makes them hate each other and hate themselves.”
Shrestha and the NIH did not respond to requests for comment. When reached for comment, a UCONN spokeswoman told the Daily Caller News Foundation that, “specific questions about the grant and the decision to award it to our faculty member should be directed to the NIH, since that’s the funding agency.”
From the Fraser Institute
By Alex Whalen and Tegan Hill
Back in the summer at a meeting in Halifax, several provincial premiers discussed a lawsuit meant to force the federal government to make changes to Canada’s equalization program. The suit—filed by Newfoundland and Labrador and backed by British Columbia, Saskatchewan and Alberta—effectively argues that the current formula isn’t fair. But while the question of “fairness” can be subjective, its clear the equalization program is broken.
In theory, the program equalizes the ability of provinces to deliver reasonably comparable services at a reasonably comparable level of taxation. Any province’s ability to pay is based on its “fiscal capacity”—that is, its ability to raise revenue.
This year, equalization payments will total a projected $25.3 billion with all provinces except B.C., Alberta and Saskatchewan to receive some money. Whether due to higher incomes, higher employment or other factors, these three provinces have a greater ability to collect government revenue so they will not receive equalization.
However, contrary to the intent of the program, as recently as 2021, equalization program costs increased despite a decline in the fiscal capacity of oil-producing provinces such as Alberta, Saskatchewan, and Newfoundland and Labrador. In other words, the fiscal capacity gap among provinces was shrinking, yet recipient provinces still received a larger equalization payment.
Why? Because a “fixed-growth rule,” introduced by the Harper government in 2009, ensures that payments grow roughly in line with the economy—even if the gap between richer and poorer provinces shrinks. The result? Total equalization payments (before adjusting for inflation) increased by 19 per cent between 2015/16 and 2020/21 despite the gap in fiscal capacities between provinces shrinking during this time.
Moreover, the structure of the equalization program is also causing problems, even for recipient provinces, because it generates strong disincentives to natural resource development and the resulting economic growth because the program “claws back” equalization dollars when provinces raise revenue from natural resource development. Despite some changes to reduce this problem, one study estimated that a recipient province wishing to increase its natural resource revenues by a modest 10 per cent could face up to a 97 per cent claw back in equalization payments.
Put simply, provinces that generally do not receive equalization such as Alberta, B.C. and Saskatchewan have been punished for developing their resources, whereas recipient provinces such as Quebec and in the Maritimes have been rewarded for not developing theirs.
Finally, the current program design also encourages recipient provinces to maintain high personal and business income tax rates. While higher tax rates can reduce the incentive to work, invest and be productive, they also raise the national standard average tax rate, which is used in the equalization allocation formula. Therefore, provinces are incentivized to maintain high and economically damaging tax rates to maximize equalization payments.
Unless premiers push for reforms that will improve economic incentives and contain program costs, all provinces—recipient and non-recipient—will suffer the consequences.
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