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Take the DailyFlag for DailyBread tour

Take the DailyFlag for DailyBread tour

Area residents are invited to take part in the DailyFlag for DailyBread Tour of Flags on Saturday, Jan. 3 starting at 3 p.m. Those interested in joining the tour of the flags outside 25 homes on Leuty and Violet avenues should meet at the corner of Queen Street East and Leuty Avenue. The free, hour-long tour marks the start of the last week of bidding for the unique, Advent calendar-inspired community art installation, which raises funds and collects non-perishable food for the Daily Bread Food Bank. The fourth annual DailyFlag for DailyBread Holiday Drive launched for the season on Sunday, Nov. 30. From Dec. 1 to 25, flags were unveiled each day outside 25 homes on Leuty and Violet avenues. All of the flags, which will be auctioned off online to the highest bidder, are designed and created by participating homeowners. One hundred per cent of the proceeds from the DailyFlag for DailyBread campaign will be directed to the Daily Bread Food Bank. Last year, $18,482 was raised for the cause. Organizers of this year’s DailyFlag for DailyBread campaign are aiming to raise $18,500 for Daily Bread Food Bank’s 2014 Holiday Drive plus food donations thanks to a partnership with Fire Station 227 at Queen Street East and Woodbine Avenue. Visit http://dailyflagfordailybread.wordpress.com or email [email protected] for more details. People can also visit the DailyFlag for DailyBread’s Facebook and Twitter pages for more details. Source...

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Man arrested after alleged disturbance on Air Canada plane

Man arrested after alleged disturbance on Air Canada plane

TORONTO — An Alberta man faces multiple charges following a disturbance on an Air Canada flight from Calgary to Toronto, police said Thursday. Air Canada said flight AC1312 was carrying 199 passengers when a customer became disruptive. Police said officers met the plane at Toronto’s Pearson International Airport on Thursday morning after the flight crew reported that a man was being disruptive and belligerent toward the crew and passengers. Police said nobody was injured. Calgary resident Ahmed Kochi Hissein-Warimi, 34, was charged with one count each of mischief and endangering the safety of an aircraft, and six counts of breach of probation. The incident comes a day after police arrested an Alberta resident who allegedly assaulted a flight attendant on board an Air Canada flight destined for India. By The Associated Press Source...

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Munk exceeded donation limits to Tories

Munk exceeded donation limits to Tories

OTTAWA — Mining magnate and philanthropist Peter Munk has admitted he donated more than the legal limit to the Conservative party three different times. Munk, the founder of mining giant Barrick Gold Corp., signed a compliance agreement with Elections Canada earlier this month, acknowledging that in 2008, 2010 and 2012 his donations exceeded the maximum allowable contributions in those years. In total, he donated $2,950 more than the law allowed to riding associations in Ontario and Quebec represented by Conservative cabinet ministers as well as to a Conservative candidate’s campaign in Toronto. While breaking election donation limits could lead to criminal charges, Munk will not be charged because he voluntarily signed the compliance agreement. “The over-contributions were unintentional and Mr. Munk has acknowledged the oversight,” said Andy Lloyd, a spokesperson for Munk, in an email to The Canadian Press. “He has engaged with Elections Canada to reach a compliance agreement that provides full transparency for these contributions.” Munk started his gold mining company in the 1980s and built it to become one of the largest firms in the world. He has also given away hundreds of millions of dollars to charitable causes in Canada and around the world. The 88-year-old stepped down from his role as company chairman in 2014. In 2015, the company hired former Conservative foreign affairs minister John Baird as an international adviser. A review of financial reports on the Elections Canada website shows Munk appears to have been making political donations since 2004, mostly to the Conservatives. According to the compliance agreement, in 2008, he contributed a total of $2,100 when the limit for individual donations that year was $1,100. Among the donations was $1,000 to the electoral district association in Whitby-Oshawa, which at the time was a riding held by former Conservative finance minister Jim Flaherty. Another $550 donation went to the Conservative association in Eglinton-Lawrence, where that year Joe Oliver tried and failed to win the riding for the Conservatives. A third donation of $550 went to the campaign of Heather Jewell, who was running for the Conservatives in the longtime Liberal stronghold of St. Paul’s. She lost....

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TSX remains mired in the red to end 2015

TSX remains mired in the red to end 2015

TORONTO — The Toronto stock market ended with a thud on Thursday as it closed out what has been one of its more tumultuous years in recent memory. As it dragged to the finish line, the S&P/TSX composite index ended the session 132.34 points lower at 13,009.95 — the third consecutive day that Canada’s main index has weakened since trading resumed after the Christmas holidays. For the year, the TSX has lost just over 11 per cent of its value, primarily as a result of a decline in key commodities prices. Much of the blame can be placed on the drop in oil prices, which have fallen 30 per cent since the end of 2014. The February contract squeezed a small gain of 44 cents in the final session of the year, closing at US$37.04 a barrel, while February natural gas rose 12 cents to US$2.34 per mmBtu. “From an investment standpoint, it was a year of avoiding Canada,” said Cavan Yie, an analyst at Manulife Asset Management. “It will probably mirror what the coming year might bring,” he added. The loonie showed some measure of life, closing up 0.23 of a U.S. cent at 72.25 cents US. Still, that’s well below where the dollar finished 2014, when it was worth 86.2 cents US. Markets also turned lower south of the border on the final trading day of 2015 year, although U.S indexes ended mixed year over year. The Dow Jones average closed down 178.84 points at 17,425.03 on Thursday, down some 2.2 per cent on the year. The S&P 500 finished 19.42 points lower at 2,043.94 on the day, enough to put it about three-quarters of a per cent in the red for the year. It was the worst return for the index since 2011. The Nasdaq lost 58.44 points to 5,007.41, but stood out as the only major Wall Street market to strengthen in 2015 — rising 5.7 per cent. Elsewhere in commodities, the February gold contract was up 40 cents at US$1,060.20 an ounce, but still ended the year weaker. Gold has now fallen for three consecutive years, ending 2015 down 10.5...

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Despite fears and huge fire, New Year revels roll on

Despite fears and huge fire, New Year revels roll on

On a New Year’s Eve haunted by fears of terrorism, a spectacular fire in one of Dubai’s tall towers captured the world’s attention. With few exceptions, the celebrations rolled on, and while fire still raged, the Dubai Media office declared on Twitter: “New Year celebrations in Dubai will continue as scheduled.” And it was quite a show, drawing cheers and whistles from tens of thousands people watching the barrage of fireworks competing with the burning building for attention. In Bangkok, police-flanked partygoers rang in the new year at the site of a deadly bombing that took place just months ago In Paris, residents recovering from their city’s own deadly attacks will enjoy scaled-back celebrations. And in Belgium’s capital, authorities anxious after thwarting what they say was a holiday terror plot have cancelled festivities altogether. The Federal Prosecutor’s Office in Belgium said six people were brought in for questioning Thursday morning in connection with a suspected plot to stage extremist attacks. Three of those detained were released later in the day. As 2015 drew to a close, many are bidding a weary and wary adieu to a year marred by attacks that left nations reeling and nerves rattled. “We still have this fear but we need to continue to live,” said Parisian Myriam Oukik. “We will celebrate.” A look at how people around the world are doing exactly that: ___ UNITED ARAB EMIRATES In the megacity of Dubai, a fire broke out two hours before midnight in the 63-story The Address hotel more than two hours before midnight, in the area where a massive fireworks display was being prepared. The five-star hotel is near the Burj Khalifa, the world’s tallest building at 828 metres (905 yards). At least one person suffered a heart attack from the smoke and over-crowding during evacuation late Thursday, and 14 reportedly suffered minor injuries. Organizers say the Burj Khalifa had been fitted with 400,000 LED lights and 1.6 tons of fireworks will be used in the display. Burning debris rained down from the building as firetrucks raced to the scene. It was not immediately clear what caused the fire, which ran...

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Dubai's New Year's fireworks kick off amid tower blaze

Dubai's New Year's fireworks kick off amid tower blaze

DUBAI, United Arab Emirates — A massive fireworks display kicked off for New Year’s at the world’s tallest tower in Dubai, while plumes of smoke billowed in the air from a fire raging at a nearby luxury tower. Tens of thousands of people whistled and cheered at the show taking place at the Burj Khalifa skyscraper as teams of firefighters were working to put out the blaze that had engulfed a 63-story luxury hotel and residential building. Just minutes before the fireworks began, large explosions could be heard from inside the burning building, which was cloaked in thick black smoke. It was not clear what caused the blasts. At least 14 people were slightly injured and one person suffered a heart attack from the smoke and over-crowding during evacuation late Thursday, according to Dubai Media Office. The statement said another person was moderately injured, without elaborating further. No children were among those injured, it said. Around 1 million people had been expected to gather around the Burj Khalifa to watch the fireworks. Dubai’s economy depends heavily on tourism, and New Year’s is one of the busiest seasons, drawing people from around the world to watch the fireworks that the emirate puts on at the world’s tallest tower, as well as the sail-shaped Burj Al Arab and over a man-made palm-shaped island. Organizers had installed 400,000 LED lights on the Burj Khalifa and used some 1.6 tons of fireworks for the seven-minute extravaganza. Two years ago on New Year’s, Dubai broke the world record for the largest fireworks display. The fire engulfed the Address Downtown, one of the most upscale hotels and residences in Dubai, which was likely to have been packed with people because of its clear view of the 828-meter (905-yard) tall Burj Khalifa. The hotel towers over the Souq Al Bahar, a popular shopping area with walkways that connect to the Burj Khalifa and the Middle East’s largest mall, the Dubai Mall. It was not immediately clear what caused the fire, which ran up the 63-story building. The Address is a 991 foot-tall (302-meter) skyscraper that has 626 luxury apartments and 196 hotel rooms, according to Skyscraper Center, which...

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Toronto police at the scene after a man was struck and killed by a vehicle at Danforth and Gillard avenues on Dec. 30, 2015. CITYNEWS/Walter Korolewych. Source link

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Toronto stock market heads lower as 2015 ends

Toronto stock market heads lower as 2015 ends

TORONTO — The Toronto Stock Exchange began the last trading day of 2015 on a negative note, adding to the year’s losses. The S&P/TSX composite index was down 102.69 points at 13,039.60 shortly before noon Thursday. The Toronto’s main index is down from 14,632.44 at the end of 2014. On U.S. markets, the Dow Jones average of 30 stocks was down 98.65 points at 17,505l.22, the broader S&P 500 index declined 9.80 points to 2,053.56 and the Nasdaq lost 25.98 points to 5,039.87. On the commodity markets, the February gold contract rose 40 cents to US$1,060.20 an ounce, the February crude contract was up 77 cents at US$37.37 per barrel and the February contract for natural gas was up 16 cents at US$2.37. Canada’s dollar was trading at 72.13 cents US, up 0.11 from Wednesday’s close. By The Canadian Press Source...

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Toronto New Year’s Eve celebrations at Nathan Phillips Square, Harbourfront skating rink

Toronto New Year’s Eve celebrations at Nathan Phillips Square, Harbourfront skating rink

Looking for some fun and free events in Toronto to welcome the coming of 2016 this New Year’s Eve? Here’s a few suggestions on where you can go to celebrate on Dec. 31. As always, there’s the giant New Year’s Eve party at Nathan Phillips Square. The event features entertainment, DJ music, skating on the rink and a fireworks display at midnight. The fun begins at 8 p.m. and continues into the new year. Nathan Phillips Square is located in front of Toronto City Hall, on Queen Street just west of Bay Street. If the idea of skating in the new year sounds like fun, Harbourfront Centre’s Natrel Rink will have a DJ playing current and classic tunes to help bring in 2016. The rink is located at 235 Queens Quay W., and the fun goes from 8 p.m. to 1 a.m. For more New Year’s Eve and other events taking place in the city over this upcoming long weekend, visit us at www.insidetoronto.com/toronto-events Source...

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A slew of changes awaits Toronto residents in the New Year, some cloudy as shisha smoke, others precise as an Uber app – and many demanding a wider wallet as well. Hookah lounges are banned in Toronto effective April 1. Last month’s prohibition by city council outlaws smoking – tobacco or otherwise – from a water pipe at city-licensed businesses, with at least 70 establishments and thousands of patrons affected. Start the conversation, or Read more at The Toronto Star. Source...

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