Archive | June, 2018

New trust fund rules meant to crack down on tax evasion

Posted on 27 June 2018 by admin

The federal government has introduced sweeping reporting rules for private trust funds, which have been abused for decades by some wealthy Canadians to hide money from tax collectors.

Only months after the Star and CBC revealed an offshore trust fund worth $60 million (U.S.) linked to two generations of Liberal Party fundraisers in the Paradise Papers leak, Ottawa added the trust rules into the 2018 budget to force the people behind trust funds — those who contribute or receive payments as well as the lawyers and accountants who manage them — to identify themselves in tax filings.

Tough penalties will force those who don’t file to consider the consequences of staying in the shadows. Those who fail to file a tax return for their trust will face fines equalling 5 per cent of its total value.

“Trusts are a great vehicle to obscure who owns what,” said Mora Johnson, an anti-corruption lawyer and former Global Affairs Canada official. “They are easily abused for money laundering because ultimately they’re a way to hold and move assets, with money changing hands, that can be incredibly opaque.

“As soon as you have more information available about trusts, you remove anonymity and put names to assets. This opens up opportunities for law enforcement to identify who is evading taxes.”

The Canadian government still has no comprehensive list of trust funds that have been set up in Canada or are used by Canadians because there is no requirement to register them. Trusts only have to reveal they exist when they voluntarily file a tax return to the Canada Revenue Agency. Many of them do, but it’s a system that relies on people to self-report.

The rules weren’t among the policies touted by the government in February when the budget was released. Instead, the trust rules were buried in a 78-page supplementary information booklet on tax measures.

But they have caused a stir in the tax industry that designs financial structures to reduce tax bills.

“It is more important than ever everyone is properly reporting to the CRA. The chances of getting caught for failing to do so are going up substantially,” wrote Edmonton tax lawyers MaryAnne Loney and Mike Harris in a blog post last month.

When contacted, both lawyers declined to comment further.

A Finance Ministry spokesperson, Dan Lauzon, said the rules provide safeguards against abuse.

“We are moving forward with enhanced reporting requirements for certain trusts and addressing significant gaps that currently exist with respect to the gathering of information,” he said. “By addressing these gaps, we are ensuring that authorities have access to sufficient information in order to determine taxpayers’ tax liabilities, and effectively counter aggressive tax avoidance, tax evasion, money laundering and other criminal activities.”

While trust funds have been used by wealthy families for decades to manage their inheritances, offshore trusts based in tax havens like the Cayman Islands and the British Virgin Islands are also used by the wealthy to move their riches beyond the reach of tax authorities.

A Toronto Star/CBC investigation last November revealed that the chief fundraiser of the Liberal Party, Stephen Bronfman, and former Liberal Senator Leo Kolber, were linked through two Cayman Islands-based trust funds that amassed more than $60 million (U.S.) in assets outside the reach of the CRA for more than 20 years.

While the Finance Ministry couldn’t comment on this specific case, a source there confirmed the Panama and Paradise Papers reporting provided momentum and garnered public support for the reforms.

In 2016, the Financial Action Task Force, an international body that evaluates country’s risk factors for money laundering and terrorist financing, issued a report criticizing Canada’s trust rules.

“Trusts are misused to a relatively large extent for money laundering purposes,” the report stated. “Trusts can be structured to conceal the beneficial owner and can be used to disguise and convert illicit proceeds.”

“There is no general requirement for trusts to be registered,” the FATF report stated, and as a result there could be “millions of trusts” in the country, but no one knows exactly how many and what transactions they’re carrying out.

The new rules will require all trusts to increase how often they must report to the CRA and what information they must include in those reports.

Under the old rules, trust funds have to file tax returns with the CRA only when they have income from a Canadian source or distributions to a Canadian taxpayer. The new rules require trusts to file every year, regardless of whether they have income or distributions.

Under the old rules, trust funds only had to report contact information, which could be a lawyer or an accountant hired to sign forms instead of the true owners of the trust. The new rules oblige trusts to report the identities of all trustees, beneficiaries, settlers and “each person who has the ability … to exert control over trustee decisions regarding the appointment of income or capital of the trust,” according to the federal budget document.

The new rules don’t come into force until 2021, and they don’t apply to all trust funds, but the wealth management industry is already buzzing.

Edmonton tax lawyers Loney and Harris pointed out that trusts previously allowed several people to claim the same business deduction because the CRA wasn’t aware their companies were associated through a trust.

“All this will change once the first trust returns are filed for 2021. The CRA will suddenly have records of every beneficiary of every trust,” they wrote. “It’s far too easy to imagine them putting together an algorithm to identify where associated corporations have not been properly identified in corporate tax returns — not just for 2021 but for previous years as well.

“And this is only one potential new audit avenue open to the CRA. Trusts and their beneficiaries are often considered to be related for many purposes and as soon as any of the parties are non-resident there are a whole slew of other potential issues.”

Soon, all EU countries will require all trust funds to register with the government. Last year, the U.K. established its register, available only to law enforcement and tax officials. In 2016, France set up a public register for trusts, but it was taken offline after a legal challenge by a U.S. citizen who did not want the details of her childrens’ inheritance to be made public.


Comments (0)

Conservative Leader Andrew Scheer says he’s in favour of single Quebec tax return

Posted on 27 June 2018 by admin

QUEBEC—Conservative Leader Andrew Scheer says he’s in favour of Quebecers filing a single tax return to be overseen by the Quebec government.

Scheer tells a news conference in Quebec City that he would make negotiating a deal with the province a priority if his party is elected in 2019.

Prime Minister Justin Trudeau has already nixed the idea of one tax return that would be administered by the province, saying it’s not a decision to be taken lightly and not a priority for his government.

The Quebec legislature unanimously passed a motion last month seeking the change.

The debate was sparked when 89 per cent of delegates at a meeting of federal Conservatives in Quebec voted in favour of a resolution to combine federal and provincial tax returns into a single form collected and administered by Quebec.

Quebec is the only province to have a tax department that is completely independent and distinct from that of the federal government; residents are required to file two sets of tax returns each year.

The province has collected the GST in Quebec for the federal government since the early 1990s.

Scheer, whose party won a byelection in the riding of Chicoutimi-Le Fjord last week behind ex-hockey coach Richard Martel, has been aggressively courting Quebec voters in recent months.

Comments (0)

Message received, now Ontario’s Liberal party will try to reconnect with voters

Posted on 27 June 2018 by admin

They’ll spend the summer licking their wounds, and start figuring a way forward in the fall.

The Ontario Liberal Party, after a devastating electoral defeat that brought an end to their 15 years in power and reduced their caucus to seven MPPs and without official party status, now has to find out where things went so wrong.

 “Ontarians sent us a clear message,” Liberal Interim Leader John Fraser told the Star. “We need to take a break and do some soul-searching. The caucus and the party, over the coming weeks and months, we will take a look at what went wrong and move forward in a way, together, that’s in the interest of all Ontarians.”

The party, he said “spent $10 million to get seven seats. In that respect, membership wants some answers and we’ll go forward and continue to take a hard look at ourselves and what happened.”

The Liberals — especially the seven who survived the election — know they have a lot of work ahead of them and will be at the centre of rebuilding efforts.

“The first thing is listening to people, to get a better understanding of why people felt so disconnected,” said MPP Michael Coteau, who was re-elected in Don Valley East in a tough fight with PC candidate Denzil Minnan-Wong.

 “What was really behind the hate for the Liberals, in many areas?”

Coteau said he believes Liberal values and policies still have support, but in the last few years, “it was hard for people to stay connected to us.”

Fraser has sent out a letter to the party faithful saying a “campaign post-mortem” would be held in September to “pose the tough questions that need to be asked.” Voters, he wrote, judged the party “as not being worthy of their confidence, a verdict we must accept with humility but also with determination to grow stronger.”

But first, the Liberals have to fight for official party status at Queen’s Park after they fell one seat short of being eligible for getting funding and the opportunity to regularly ask questions in the legislature.

As of Friday, sources said the Progressive Conservatives were not in favour of granting it.

After the June 7 vote, the Liberals faced the wrath of voters who reduced their numbers to a handful of MPPs, including Coteau, departing Premier Kathleen Wynne and Mitzie Hunter in the Toronto area; Fraser, Nathalie Des Rosiers and Marie-France Lalonde in the Ottawa area; and Michael Gravelle in Thunder Bay-Superior North.

“The results speak for themselves — it was a clear message,” Hunter, who represents Scarborough-Guildwood. “We have to listen to that.”

Outrage over issues like hydro — “that was the piece that was obvious,” said Coteau, who held three prominent cabinet portfolios in the Wynne government — children and youth, anti-racism and community and social services. “But there are other pieces that are there that are less obvious, and we need to talk about them.”

Apart from gaining party status, the Liberals will need to make sure they keep the party in the news, said Kathy Brock, a policy studies and political science professor at Queen’s University.

“But the more important thing is that the Liberal party has to get in touch with its constituency associations and find out what was said at the doors” during the election campaign, she said.

“It’s not just anger” that brought them down, she added. “What they’ve got to do is a good analysis of where did things go wrong, and then start to rebuild the party platform that way. They alienated their own voters.”

Though many turned to the NDP this time, she said, “if the Liberals give them a reason to come back, they will.”

As for the party, “the other piece that’s going to be challenging, we are going to be in debt,” Coteau added, at a time when “fundraising is not going to be like it has been over the last 15 years.”

He said “we’re going to have to go back to the base, and we’re going to have to build together and we’re going to have to get ourselves out of debt.

“I don’t know if it’s going to take four years or eight years (to rebuild the party), but I know one thing, it’s going to take a long time and we’ll know better a year from now.”

Comments (0)

Subway lines to Pickering, Markham, in the long-term, says Doug Ford

Posted on 27 June 2018 by admin

Commuters from the 905 should have an easy ride into downtown Toronto, says Premier-designate Doug Ford whose long-term plan is for subways to the suburbs.

Speaking in Pickering Thursday morning, Ford said he’d like to extend the subway from Toronto’s city core to Pickering and Markham.

 “We love subways, rapid underground transit — unlike the LRT that they rip up two lanes of road traffic and they clunk along the street, antiquated system,” said Ford, referring to above-ground light rail transit trains.

“We’re going to focus on being the most modern transit system in the world. We’re going to build rapid underground transit that’s going to extend not only in Toronto …(but) so folks in Pickering will eventually be able to hop on a subway and get downtown Toronto.

“People of Markham and the outlying areas, over time, will be on a subway to make sure that we get traffic moving.”

The incoming premier did not provide any further details. However, PC spokesperson Simon Jefferies said “Doug Ford wants to build a state of the art transit system across the GTA, which includes looking at all options for extending transit lines to regions outside of Toronto.”

Pickering is already linked to downtown Toronto by GO Transit, and the number of passengers using the service falls far below levels that would normally justify a subway.

The threshold for a subway is 10,000 people per hour; the GO station in Pickering sees 4,300 users per weekday, and the Markham station 875.

However, GO’s Lakeshore East line as a whole has a weekly average of almost 50,000 riders, and the Stouffville line which runs through Markham has a weekly average of 17,669 riders.

A subway out to Pickering would be costly; according to the TTC, the cost of extending into York Region, its most recent expansion, was roughly $380 million per kilometre.

Downtown Pickering is about 17 kilometres from the Scarborough Town Centre, where a one-stop subway extension from Kennedy Station is planned.

New Democrat Gilles Bisson said Ford needs to “take transit seriously” and come up with a realistic plan.

“Ontarians deserve affordable, reliable and dignified public transit,” said Bisson, who was re-elected in the Timmins area. “Mr. Ford’s confusing proclamation (Thursday) that he will build subways everywhere in Ontario is not a real plan to invest in the services that everyday families need, and it undermines real transit plans and priorities.”

However, local politicians lauded the move for their booming communities.

Markham Mayor Frank Scarpitti tweeted that “gridlock in the GTA leads to lost productivity and costs billions. Pleased to hear Premier-designate (Doug Ford) is committed to building a subway system to Markham,” later noting that “York Region is Canada’s fastest growing large municipality, home to nearly 1.2 million people.”


Comments (0)

Green Ontario cancellation leaves homeowners, industry scrambling

Posted on 27 June 2018 by admin

Anxious homeowners were checking with their window installers Wednesday, after incoming premier Doug Ford announced he was cancelling the Green Ontario Fund.

Jimm Fox, marketing director for Nordik Windows and other brands sold in the Toronto and Ottawa areas, said installers such as his company had received phone calls from people checking to see if they still qualified for up to $5,000 under the now-cancelled rebate program.

The new Progressive Conservative government has set an Aug. 31 deadline for the installation of windows in order to qualify for the rebates, but some consumers will be left in the lurch.

The government will honour rebate applications that have already been submitted and those filed by Sept. 30 on work done no later than Aug. 31, according to the program’s website.

But the lead time for window installation tends to be 15 to 20 weeks, said Fox. If the government sticks to its Aug. 31 deadline, some customers who have planned for fall installation won’t qualify.

“We’re doing our best to encourage the government to extend the deadline,” he said. “We’re also doing our best to manage installations within the stated time period. It’s causing a huge challenge for us.”

The $377-million Green ON rebate fund was introduced by the Liberal government last year as a climate change initiative to encourage environmental building upgrades such as windows, thermostats, heat pumps and insulation. Ford announced Tuesday that the fund was being cancelled as part of the elimination of the cap-and-trade policy that was financing the program.

The fund has been a boon to Ontario’s window and door business, which is worth about $1 billion annually, but it has caused an “artificial bubble” in that sector, said Fox. Consumers, who are prone to delay a costly renovation like replacement windows, saw the rebates as an incentive to get the work done. So window companies have been swamped with demand from building owners wanting to take advantage of Green ON.

Rebate programs are always popular and Green ON was a particularly rich one. But rebates also disrupt the normal flow of sales, said Fox.

“They cause a bubble and then you get a corresponding trough after the program ends,” he said.

Fox did not rule out job losses when Green ON expires. But the fund was always going to end, he said. Likely, it would have been cancelled in the fall when the funds ran out.

Windows were among the pricier items that qualified for rebates, but other upgrades such as thermostats, insulation and heat pumps were also boosting the Toronto region’s $5.9 billion annual renovation business, said Samuel Lapidus.

Lapidus is president of Keystone Ridge Developments, a renovator and customer builder, and chair of the Renovator and Custom Builders Council of the Building Industry and Land Development Association.

The cancellation of Green ON “really just takes away tools to achieve higher energy-efficient homes,” he said.

Consumers will make up the loss by turning to less efficient windows and other products.

“The homeowner will go with the cheap, seven-day programmable (thermostat), but not the one the one that monitors your activity and reprograms itself,” he said.

The fund has not created new projects, but it has extended some renovations, creating employment, said Lapidus.

“It kept me on the job site weeks longer. It meant I was putting food on the table of many people because there were more people involved in the work,” he said.

The province could put that money back in consumers’ pockets by enforcing the deadlines for building permits in renovations, said Lapidus.

“A residential renovation (permit) must be issued within 10 business days and the municipalities are not living up to that,” he said.

Steve Dyck, president of Guelph Solar, said he is “thrilled” that the Green ON program is being eliminated because in created instability in his sector.

The Liberal government announced that it was going to include solar panels as part of the Green ON rebates. So consumers waited for that to happen, but it never did, he said.

“It was incredibly damaging to our industry to announce something and they didn’t actually have anything figured out,” said Dyck.

The Star was unable to get confirmation from the government by deadline whether rebates have been issued for solar panel installations.

“People can now decide if they’re just going to continue paying their electric bill or they can say, ‘I’m going to stay connected to the grid but I’m going to generate my own electricity and use the grid as my battery,” said Dyck, who has installed panels in about 500 homes since he started the business in 2009.

He said the government should price carbon and return the proceeds directly to consumers. Low-income residents could use the money to live; middle-income people could decide to make lower carbon choices, and affluent people and businesses would be incented to change their habits to avoid the expense of carbon pricing.

Comments (0)

Hot Toronto condo market weathering a cold snap

Posted on 27 June 2018 by admin

The chill that has crept over some segments of the Toronto housing market may soon extend to one of its persistent hot spots: condominiums.

Evidence of a slowdown is emerging as new rules make it tougher to get a mortgage and borrowing costs rise for the first time in almost a decade. That’s reducing the appeal of Toronto condos, whose average price now exceeds $560,000. Projects are taking longer to sell and, in some areas, developers are using incentives to move units.

 “There are cash incentives being offered, discount parking being offered,” said Robert Gidwani, a broker at REsource Realty. “We’ve seen a bit more incentives especially in the resale market, we are seeing fewer multiple offers coming in.”

Christopher Bibby, a broker at RE/MAX Hallmark Bibby Group Realty, said demand is still “extremely active” for condos with “wow factor,” such as a one-bedroom unit near Bloor St. with unobstructed views of the water that sold for the list price of $629,900 in less than 48 hours.

But more generic inventory is taking longer to sell. “You’re not seeing the same pace of growth or aggressiveness on the buyer side,” he said.

The question is whether condos will join the slump in the single-family home segment, signalling a broader correction in the Canadian housing market, a risk policymakers have flagged for several years but which has so far failed to materialize. Condos accounted for 30 per cent of total Toronto sales in May.

Some developers are starting to give buyers longer than the usual six months to come up with a down payment, which usually ranges from 15 to 25 per cent. “That really increases the affordability level for people who are saving and paying as they go,” Gidwani said.

Shaun Hildebrand, at condo data provider Urbanation Inc., said high prices and buyer fatigue, particularly from investors, are coming into play. “Relative to last year when new projects would sell out almost immediately after launching, absorptions have moderated to more historically normal levels this year,” he said.

Unlike prices for detached homes, which are down almost 10 per cent from the peak last year, condo prices have continued to climb, reaching a record in May. But the pace of appreciation has slowed. On a year-over-year basis, the 8.3-per-cent increase in May’s benchmark condo price was the smallest in almost two years while sales fell 16 per cent from the same month the year before.

At the same time, supply is rising. The federal housing agency said work began on 7,691 units in the first quarter, the most since at least 1990. Urbanation predicts starts could hit records for the next two or three years, as high-profile developments come online such as the development designed by Frank Gehry, which will include the country’s tallest residential tower at 92 storeys.

It’s a trend that could make condos less appealing to investors. “With the increase in completions that we’re expecting and the slowdown in price appreciation, it may not be as attractive to hold over the longer term,” Hildebrand said in a telephone interview. “In that regard, you can start to see investors selling.”

At the same time, carrying costs — mortgage payments, property taxes and maintenance fees — increasingly exceed rental income. That negative monthly cash flow reached $424 on average for resale condos in the first quarter of 2017, according to an April report by brokerage Realosophy, citing Urbanation data. Many investors buy pre-construction, wait five years for the project to get built and rents to appreciate to get positive cash flow.

Many investors will accept negative cash flow as long as they see price gains on the underlying asset. However, sustaining the recent pace of price gains over the longer term may be difficult, the Bank of Canada said in a report this month. “If expectations reverse and prices recede, speculators may quickly sell their assets, which could lead to large, rapid price declines.”

“When you look at it as an investor, the economics are not there to buy and hold a condo based on cash flow,” said Robert Kavcic, senior economist at Bank of Montreal. “Now you absolutely do need price gains to make the economics work.”

Prices are unlikely to drop anytime soon, said Hildebrand at Urbanation, citing the low inventory of unsold units so far. However, “investors should be expecting a lower rate of return than they have in the past.”

Builders may begin scaling back plans in the face of a slowdown. “Developers are being careful in introducing new projects as construction costs have been rising quickly, land is scarce and expensive, development charges are doubling, and there is heightened uncertainty regarding approvals under the new planning regime,” he said. “That will help keep inventory levels in check and price levels steady.”

Still, any weakness in condos would affect the larger housing market, which has seen a sales drop in the past few months and flat price gains on an annualized basis, the Teranet — National Bank House Price Index shows.

Eric Lascelles at RBC Global Asset Management, Canada’s biggest asset manager, says anecdotal evidence of slowing demand for condos is one reason he’s less optimistic about the housing market, which he says is in the middle of a “sea change.”

Lascelles, who helps manage $330 billion, sees a 30-per-cent chance of a “serious correction,” where prices nationally fall by a fifth, and more in the hottest markets. His base case, to which he assigns a 50-per-cent chance, is that the market just goes sideways. “We’re seeing an inflection here and we need to figure out if this is just a blip or something bigger,” he said.


Comments (0)

Students conclude #MPForADay with Brampton East MP Raj Grewal

Posted on 27 June 2018 by admin

OTTAWA – On June 11th 2018, two young constituents from Brampton East joined MP Raj Grewal in Ottawa to experience a day in the life of a Member of Parliament.

The #MPForADay initiative, now its third year, allows young constituents between the ages of 16 and 24 to shadow MP Grewal on Parliament Hill, at the member’s own personal expense.  Chosen participants were asked to identify key policy issues that matter most to them. Upon their arrival, this year’s participants, Aashrit Luthra and Amitoze Deol, were given parliamentary briefing binders to prepare for a fascinating day of meetings and information sessions. The sit-downs with Members and Ministers were arranged to match the participants’ policy interests in gender equality, women in politics, artificial intelligence, and the legalization of cannabis.

The two participants met with MP Terry Duguid, Parliamentary Secretary to the Minister of Status of Women, and with MP Anita Vandenbeld to discuss gender equality and the importance of the involvement of women in politics. They also met with Minister Navdeep Bains to discuss the future of artificial intelligence, and with MP Nathaniel Erskine-Smith to discuss the legalisation of cannabis and its effects on the health and well-being of Canadian youth. Their day included brief meetings with Minister Bardish Chagger, Minister of Small Business and Tourism, and MP Omar Alghabra, Parliamentary Secretary to the Minister of Foreign Affairs. Throughout the day, the two participants were also in control of MP Grewal’s Instagram stories, posting their experiences throughout the day.


“It’s so important to give youth the best opportunities possible to become involved and engaged in politics. I wanted to make sure that this experience was going to be more than just shadowing a MP, but an experience that caters to their interest and their passions, and to let them ask the policy questions that are important to them to the people that shape them.” – Raj Grewal, MP for Brampton East

“It was an incredible opportunity that allowed me to better understand the nature of politics and what a day in the House of Commons typically looks like for an MP. My most memorable moments from the day include attending question period and speaking with a number of MPs about policy issues ranging from the legalization of cannabis to working towards gender equality. Going forward after this experience, I hope to further my participation in politics by volunteering and becoming more actively involved in issues pertaining to my own community, here in Brampton East.” – Amitoze Deol, 17 years old, #MPForADay participant

“ This event really clarified the questions I had regarding politics, including how politicians interacted daily, how busy and structured their schedules are, different procedures that happen during the week, etc. To be honest, I felt I was in a different world, as I was never exposed to a setting like this before. I had the very fortunate opportunity to talk to a handful of MP’s, including Minister Navdeep Bains, Terry Duguid, and Nathaniel Erskine-Smith on different topics that interest them and me. Topics like artificial intelligence shaping our society, the importance of gender equality, and much more were discussed. ” – Aashrit Luthra, 16 year old, #MPForADay participant


Comments (0)

Celebrating 10 years of inspirational newcomer achievements

Posted on 27 June 2018 by admin

The 2018 RBC Top 25 Canadian Immigrant Award winners include NHL hockey dad, comedic actor, doctor, senator, and an app entrepreneur

TORONTO, June 19, 2018 – What does a hockey dad of three NHL stars, a mental health advocate, and auto-dealer/Raptors “Superfan” have in common? They all were once newcomers to Canada and have contributed to their communities through leadership and philanthropy, and now have been selected as winners in this year’s 10th annual RBC Top 25 Canadian Immigrant Awards. The winners are being presented by Canadian Immigrant magazine and proudly sponsored by RBC Royal Bank.

From coast to coast, the 2018 RBC Top 25 Canadian Immigrants are a reflection of Canadian culture, diversity, and nation-building spirit. From Karl Subban, an educator who has guided his three sons to NHL stardom, to Senator Ratna Omidvar, who has been a lifelong diversity advocate, to Dr. Saroj Niraula, an oncologist, and researcher to just name a few.

For the last 10 years, the RBC Top 25 Canadian Immigrant Awards have highlighted stories of Canadian immigrants who have demonstrated incredible contributions and achievements in Canada. In addition to this year’s top 25 winners, 250 winners have been honoured over the last decade with this incredible achievement.

“Celebrating 10 years is a true milestone for our awards, and we couldn’t be prouder of the amazing immigrants who form this year’s RBC Top 25,” says Margaret Jetelina, editor, Canadian Immigrant magazine.

The RBC Top 25 Canadian Immigrant Award winners will be honoured at ceremonies in Toronto on June 19th2018 and in Vancouver on June 27th 2018. In addition to the top 25 winners, two winners will also be selected for special recognition, the RBC Entrepreneur Award, and the Youth Award.

Philippines-born Loizza Aquino, 18, is the second annual Youth Award winner. From Winnipeg, she is the founder of the youth-led non-profit organization called Peace of Mind, which focuses on mental health advocacy.

“The RBC Top 25 Canadian Immigrant Awards celebrate the outstanding accomplishments and leadership of newcomers across Canada.  Now in its tenth year and with over 250 newcomers recognized, the Awards highlight our country’s diversity, and the contributions and positive impact newcomers have been making in our communities. Congratulations to all winners and nominees,” says Ivy Chiu, Senior Director, Newcomer Strategy at RBC.

Hundreds of nominations were received, from which 75 finalists were shortlisted by a diverse judging panel of past winners. Nearly 60,000 online votes were cast. The 25 winners were chosen based on a combination of votes and the second round of judging.

The RBC Top 25 Canadian Immigrant Award winners will receive a commemorative plaque and a $500 donation will be made toward a registered Canadian charity of their choice. Winners will also be featured online at and in the July print edition of Canadian Immigrant Magazine.


Comments (0)

Jacqueline Fernandez makes her Hollywood debut with Definition Of Fear

Posted on 27 June 2018 by admin

If you stay at a deserted holiday mansion for a weekend away with three of your friends and someone in your group discovers an Ouija board, be ready to let someone unexpected join you!  Nothing good ever comes from an Ouija board! This is a synopsis of the film Definition Of Fear in which Jacqueline Fernandez is making her Hollywood debut.

Jacqueline. Fernandez, who is basking in the success of her Hindi films, announced the arrival of her first English language film by saying, “I’m very proud of Definition of Fearand also very excited for its release”.

Director James Simpson says, “This psychological horror will stop you from sleeping, be aware! Jacqueline was amazing in it and I’m so excited to share what we created together!

The trailer opens with Jacqueline’s lines, “Imagine how fear can be manipulated, created,” and then goes on to give us glimpses of what happens when she and her friends visit a deserted holiday mansion over a weekend away. A series of bizarre, inexplicable incidents follow suit. How do the four girls deal with a demented spirit, when they have no chance of escape, which is the crux of the film.

Definition of Fear, a horror-suspense-thriller film shot in Canada, is about how fear can be manipulated, created but sometimes it can be very real too. It’s a story about four girls who decide to spend their weekend at an isolated mansion deep in a forest and playing at night with an Ouija board starts something they can’t control – little do they know that they are not the only ones there. Much to their horror, they have to struggle to try and save their lives and the real danger is closer then they can ever imagine. Definition of Fear releases this August nationwide by Formula Bollywood (India) Pvt Ltd.


Comments (0)

Legal notice sent to Anushka Sharma and Virat Kohli by Arhhan Singh who got scolded for littering

Posted on 27 June 2018 by admin

Bollywood has been standing behind the cleanliness drive campaign and no plastic consumption. In various ways, they have been spreading the awareness about it. Just recently, Anushka Sharma schooled a local in Mumbai who threw a plastic trash on the road. Indian Cricket Captain and Anushka’s husband Virat Kohli shared a video in which Anushka was seen scolding the man for littering.

After the video went viral on social media, it was revealed that the man was a popular child actor from the 90s. At one point, Arhhan Singh had worked in iconic show Dekh Bhai Dekh and worked with Shah Rukh Khan too. It has now been learned that Arhhan has slapped a legal notice to Anushka Sharma and Virat Kohli and has demanded an apology from them. “My legal advisors have sent a notice to Mr Virat Kohli and Mrs Anushka Sharma Kohli. As the ball is in their court, no comments now… As in all fairness, I should await their response,” Arhhan told India Today.

Virat Kohli took to Twitter recently share a video of Anushka confronting a man who was throwing plastic on the road. They stopped the car as Anushka rolled down the windows and was heard saying, “Why are you throwing plastic on the road? Please be careful, you can’t throw plastic like this on the road.” Virat had shared the video and wrote, “Saw these people throwing garbage on the road and pulled them up rightfully. Travelling in a luxury car and brains gone for a toss. These people will keep our country clean? Yeah right! If you see something wrong happening like this, do the same and spread awareness. @AnushkaSharma.”

Arhhan Singh and his mother, both had taken to their respective social media accounts, to slam the star couple. Arhhan admitted he should have been careful but said that the couple should have shown some verbal etiquette.

Comments (0)

Advertise Here
Advertise Here