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Wolfe Island Ferry Gets Safety Overhaul After Hull Damage

Following a major incident, the Wolfe Island ferry will see new safety features including alarms, buoy upgrades, and stricter onboard procedures.

Safety Upgrades Announced for Wolfe Islander IV

New safety measures are being introduced for the Wolfe Islander IV ferry months after a serious incident left the vessel damaged and out of service. Ted Hsu, MPP for Kingston and the Islands, confirmed the changes after meeting with Ontario’s Ministry of Transportation (MTO) in late June.

Incident Triggers Multi-Month Investigation

On December 4, 2024, the ferry is believed to have struck the bottom of the channel between Kingston and Wolfe Island, tearing a 30-centimetre gash in its hull. The damage forced the vessel out of service for several months. The MTO has remained tight-lipped about the exact cause, but the event prompted a comprehensive review of ferry operations and navigation systems.

Enhanced Navigation and Real-Time Monitoring

Among the changes being implemented are real-time course monitoring and the installation of audible navigational alarms designed to trigger sooner during adverse conditions like strong winds. Hsu emphasized the importance of these measures, noting that captains will now have access to more accurate navigational data to guide the vessel.

Buoy System and Channel Mapping Improved

A recent high-resolution hydrographic survey conducted by the Canadian Hydrographic Service revealed that several buoys marking the ferry’s path needed repositioning. As a result, the number of navigational buoys along the route has increased from five to seven. These upgraded buoys are all-weather and illuminated, improving visibility and safety year-round.

Bridge Access and Crew Training Reinforced

Changes are also being made to crew protocols. Only active duty personnel will now be permitted on the ferry’s bridge during departures and arrivals, tightening safety standards. Hsu noted that while community involvement has long been a tradition aboard the ferry, the new rules aim to minimize distractions during critical moments.

Simulator-Based Training and Stronger Alarms

To further support ferry crews, the MTO has introduced simulator-based training sessions and operational drills. These exercises are meant to bolster decision-making in challenging conditions. Additionally, early-warning alarms tied to electronic navigation systems will now alert crews more quickly when wind speeds increase or the vessel veers off course.

Concerns About Vessel’s Weather Capabilities

The Wolfe Islander IV has faced criticism from residents who question its reliability in poor weather. Historical data from Environment Canada shows winds were gusting between 40–45 km/h during the time of the incident. Hsu acknowledged that the ferry’s deeper draft compared to its predecessor makes it “less forgiving” if it strays off its intended route.

However, he remains confident. “I feel that MTO is doing everything it can to make sure the ferry can operate safely in all weather conditions,” he said. “Let’s implement these measures and evaluate their effectiveness before labeling it a fair-weather vessel.”

Outlook

With updated protocols, more accurate navigation tools, and stricter onboard regulations, the province aims to restore confidence in the Wolfe Island ferry system. While the long-term performance of these updates remains to be seen, the immediate goal is clear: safer, more reliable service for Wolfe Island and Kingston residents year-round.

For continuous coverage and real-time updates, keep following Maple News Wire.

Disbarred Ottawa Lawyer Faces Victims in $3M Fraud Case

Disbarred Ottawa lawyer Joseph Langlois pleads guilty in $3M fraud. Victims reveal decade-long emotional and financial trauma at sentencing hearing.

Victims Speak Out at Sentencing Hearing

In a packed Ottawa courtroom on Tuesday, victims of disbarred lawyer Joseph Stéphane Langlois shared heartbreaking testimonies during his sentencing hearing. They described the emotional, financial, and psychological devastation caused by his years-long fraud scheme.

Fraud Uncovered After Millions Disappear

Langlois, once a practicing lawyer in the Ottawa area, pleaded guilty on June 16—the scheduled start of his trial—to four counts of fraud over $5,000 and eight counts related to forged documents. Charges were laid by Ontario Provincial Police in 2022 after more than $3 million went missing from two trust accounts linked to his law firm.

Betrayal Felt Closest to Home

His former wife, Sophie-Anne Charron, delivered a powerful victim impact statement in French. She told the court her signature had been forged repeatedly, leading her to unknowingly accumulate debts, declare bankruptcy, and lose her business. “This fraud wasn’t just an economic crime. It was a human betrayal,” she said.

Charron revealed that Langlois took $31,000 from their children’s education fund and abandoned the family while he travelled internationally. “The damage is not only measured in money, but also in tears, pain, and silence,” she added.

Pattern of Manipulation and Deception

Multiple victims recounted similar experiences of trust broken and futures compromised. Monica Brown and Shawn Kelly said the fraud left them with long-term debt and eroded their faith in the legal system. Another victim, Marcela Masci Nebenzahl, said Langlois entered her life after her divorce, manipulated her emotionally, and convinced her to walk away from property worth $75,000 before disappearing when she became pregnant.

Financial Losses Still Unrecovered

Jocelyn Levac and his former partner suffered the largest financial blow, losing over $730,000. He told the court he was forced to take on a second job and work over 100 hours a week to keep his farm. The physical and mental toll led to an accident that left him with 50 stitches in his hand. “For nine years, I kept my farm by surviving, not profiting,” he said outside the courthouse.

Levac noted that reimbursement through the Law Society and insurers has been partial at best, and that full recovery remains unlikely.

Judge to Decide Sentence This Fall

As part of the plea deal, both Crown and defence have recommended a six-year prison sentence. However, Justice Alexandre Kaufman is not obligated to accept the joint proposal. Final sentencing arguments are scheduled for October, at which point the judge will determine the appropriate sentence.

Langlois’s fraud spanned over a decade, and its effects continue to ripple through the lives of his victims—many of whom say their healing process has only just begun.

For continuous coverage and real-time updates, keep following Maple News Wire.

Market Crash Tips: How Investors Can Stay Protected

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What smart investors do when markets drop—and why you should too

If you’ve been watching the markets lately, it’s natural to feel nervous. With memories of the 2020 crash still fresh and new headlines warning of future dips, the fear is real. But here’s the truth: market downturns are normal—and they don’t have to derail your financial goals.

Whether you’re a seasoned investor or just starting out, here’s how to protect your wealth, stay invested, and grow smarter—even during market turbulence.

Market Crashes Are Inevitable—But They’re Not Permanent

Markets crash. They rebound. It’s part of the cycle.

Take 2020, for example. The TSX Composite Index plunged 37% in a few short weeks. But by year-end? It had mostly recovered.

Key things to remember:

  • Crashes are unpredictable

  • Volatility is temporary

  • Long-term growth is still possible

So instead of fearing a crash, prepare for one. It’s what separates calm investors from panic sellers.

1. Start With—or Review—Your Financial Plan

Your financial plan is your anchor during volatile times. If you don’t have one, now’s the time. If you do, review it to make sure it aligns with your current goals and risk tolerance.

Here’s what a strong plan does:

  • Keeps emotions out of money decisions

  • Helps you avoid panic-selling

  • Guides smart rebalancing during dips

If you’re near retirement or already withdrawing from investments, hold 3–5 years’ worth of expenses in low-risk assets like cash or bonds. That way, you won’t have to sell at a loss during downturns.

2. Reevaluate Your Risk Tolerance

Feeling anxious every time your portfolio dips? That’s a signal: your investments may not match your actual comfort level.

Risk tolerance isn’t about age—it’s about how you feel and react when markets fall. If you felt the urge to sell during the last dip, consider shifting toward safer assets like bonds or GICs.

Your goal? Build a portfolio you can stick with, no matter what the headlines say.

3. Match Investments to Your Time Horizon

When do you need the money? That’s one of the most important questions to ask.

  • Long-term goals (retirement, future wealth): Stay invested. Don’t let short-term drops scare you.

  • Short-term needs (buying a home, tuition): Shift some assets to low-risk, liquid investments.

The biggest losses often happen when you’re forced to sell during a dip. With the right planning, you avoid that altogether.

4. Diversify—Always

Diversification isn’t just a buzzword. It’s one of the most effective ways to protect your portfolio.

A diversified portfolio should include:

  • A mix of stocks, bonds, real estate, and alternative assets

  • Exposure to domestic and international markets

  • A blend of high- and low-risk holdings

Why does it work? Because not all assets fall—or rise—at the same time. Diversification spreads your risk and cushions your losses.

5. Stay Calm—Avoid Panic Selling

The worst financial moves usually come from fear-based decisions. Selling at the bottom locks in losses—and often means missing out on the recovery.

Trying to time the market rarely works. Investors who sell during crashes often miss the market’s strongest recovery days.

Instead, stay the course. If you’ve built a solid plan, trust it. Your portfolio will bounce back—but only if you let it.

Plan for the Dip, Don’t Fear It

Worried about a market crash? You’re not alone. But the solution isn’t guessing when to exit—it’s staying prepared.

By creating a thoughtful financial plan, matching your investments to your timeline, diversifying smartly, and resisting panic, you’ll be ready to weather any storm.

Because here’s what history shows: those who stay invested—win.

Stay tuned to Maple News Wire for more expert financial insights to help you grow wealth with confidence.

Cruise Ship Tourism Booms in Halifax and Maritimes

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Port sees steady rise in visitors as post-COVID travel surges

The Maritimes’ cruise tourism industry is setting sail on a new high. Halifax, one of Canada’s premier port cities, is seeing record cruise ship traffic, drawing global visitors back to its shores in droves. For travelers and tourism operators alike, the revival is a welcome sign that post-pandemic travel is not just back—but booming.

Cruise Ships Dock Daily Along Halifax Waterfront

“We’re now getting a ship almost every day,” said Dennis Campbell, President and CEO of Ambassatours Gray Line, a leading local tour company.

Over the next week and a half alone, 10 cruise ships are expected to dock in Halifax. That’s thousands of passengers walking the boardwalk, shopping at local stores, snapping photos, and immersing themselves in the local culture.

For passengers like Art Barrett from Louisville, Kentucky, the return to Halifax is both nostalgic and refreshing. “We were here 20 years ago and it’s still just as nice,” he said.

Tourism Growth Anchored by Cruise Industry

Cruise ships now bring more than 350,000 passengers annually to the Port of Halifax, spread across more than 200 ships. This wave of travelers contributes significantly to the local economy—from guided tours and restaurants to retail shops and cultural attractions.

According to Norman Yee, visiting from Calgary, cruises offer a seamless travel experience. “The hotel travels with us,” he laughed, “and we get to sample different destinations without repacking every night.”

This ease of travel is one reason why cruise tourism has gained popularity again—especially among international travelers exploring Canada.

Halifax Visitor Numbers See Major Jump

Compared to 2023, Halifax tourism grew by over 18% last year, signaling a strong post-COVID rebound. Campbell attributes much of this rise to the diverse cruise clientele now coming ashore.

“Americans are still our top visitors,” he noted, “but we’re seeing a rise in Canadian, British, and German tourists too. Europeans, in general, are coming in larger numbers than we’ve seen in a long time.”

Cruise Season Stretches Beyond Summer

While most tourism in Canada peaks in summer, Halifax’s cruise season stretches into mid-November. This extended window allows travelers to experience the region’s fall beauty and maritime charm well into autumn.

As the cruise sector sails ahead, it’s not just a win for ports and passengers—it’s fueling economic activity, cultural exchange, and a renewed global interest in Canada’s East Coast.

Stay tuned to Maple News Wire for more stories on Canada’s evolving tourism and travel landscape.

Tesla Stock Falls as Musk’s America Party Stirs Worry

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Political ambitions reignite concerns over CEO’s focus amid declining Tesla sales

Tesla shares plunged nearly 8% on Monday, following Elon Musk’s surprise announcement of his new political venture—the America Party. While Musk has always been known for bold moves, this one is hitting a raw nerve with Tesla investors, many of whom fear it’s yet another distraction from an already strained company struggling to rebound from two consecutive quarters of falling deliveries.

Political Storm Sparks Investor Unease

Over the weekend, Musk publicly introduced the America Party, fueling tensions with former ally Donald Trump, who criticized the idea as “ridiculous.” Their escalating feud, which included threats by Trump to revoke federal subsidies that benefit Musk’s businesses, exploded across social media, drawing unwanted political spotlight onto Tesla.

This comes at a time when Tesla can least afford it. With sales slumping and the stock already down 35% since December, investors were hoping for sharper focus from leadership—not more headlines.

Wall Street Reacts: Market Cap Takes a Hit

The fallout was swift. If the current losses hold, Tesla is set to lose over US$80 billion in market value. Meanwhile, traders betting against the stock are poised to gain approximately $1.4 billion in paper profits in just one day.

“Every Tesla investor I know wants this political detour to end,” said Shawn Campbell of Camelthorn Investments. “Tesla needs its CEO in the driver’s seat—not distracted by side ventures.”

Musk’s Role as CEO Faces New Scrutiny

The bigger question now hovers over the Tesla board. With Musk running six companies and now launching a political party, his role as Tesla CEO is under sharper scrutiny.

Back in May, Tesla board chair Robyn Denholm denied reports that directors were considering replacing Musk. However, the board’s silence since this political development is fueling speculation.

Azoria Partners, which had plans to launch a Tesla-focused ETF, has now postponed the initiative. Its CEO, James Fishback, issued a direct call to the board: “It’s time they evaluate whether Elon’s political ambitions align with his duties to Tesla.”

Legal Experts Weigh In

Experts argue that the Tesla board has both the authority and responsibility to act if the CEO’s behavior conflicts with shareholder interests.

“This is exactly the kind of thing a well-functioning board would step in to manage,” said Ann Lipton, professor of business law at the University of Colorado. “But Tesla’s board has repeatedly shown deference to Musk.”

Indeed, Musk is Tesla’s largest individual shareholder, but legal experts like Xu Jiang from Duke University note that the board doesn’t require a shareholder vote to replace a CEO. Still, the move seems improbable given the board’s past actions—or lack thereof.

Investor Patience Wears Thin

For Tesla, whose brand and valuation are closely tied to Musk’s identity, the stakes are incredibly high. If the board remains passive, investor confidence could continue to erode.

Musk’s supporters argue that he has always balanced multiple ventures—from SpaceX to Neuralink—while critics say his increasingly political persona is damaging Tesla’s reputation and focus at a critical time.

Stay tuned to Maple News Wire for more real-time updates on Tesla, tech, and business trends that shape your investments.

Good Debt vs Bad Debt: Smart Credit Tips Explained

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Not all debt is bad. Here’s how to use it to your advantage.

Debt often gets a bad rap, but not all debt is created equal. In fact, certain types of debt—when used wisely—can help you build wealth, launch a career, or own your home. The real challenge is knowing the difference between good debt and bad debt, and using credit as a tool, not a trap.

Let’s explore which types of debt can help you move forward—and which might pull you back.

Understanding Our Debt-Driven Society

A recent TransUnion Canada survey revealed a startling truth: 43% of Canadians plan to open a new credit card in 2025. One in five expects to take on new debt.

Why? Even as inflation cools, everyday essentials remain expensive. With wages struggling to keep pace, debt can feel like the only option.

And debt is everywhere now. Compared to 20 years ago, today’s consumers juggle not just car or home loans, but student loans, buy-now-pay-later bills, credit card balances, and even rent-to-own payments.

These commitments can quickly add up—leaving little room to save, invest, or plan for the future.

What Is Good Debt?

Good debt helps you grow—financially, professionally, or personally. It’s an investment that pays off over time.

1. Student Loans

Higher education is expensive, but the return on investment can be worth it. A degree or certification can unlock better job opportunities and higher income potential.

Just make sure you choose your program and school wisely to avoid excessive borrowing.

2. Home Loans

Buying a home with a mortgage is one of the most common examples of good debt. With regular payments, you build equity, which adds to your net worth.

Your home can later serve as collateral to support future loans for renovations or investments.

3. Small Business Loans

Launching a business often needs upfront capital—for inventory, marketing, or payroll. With a solid business plan and responsible use of credit, entrepreneurship debt can lead to long-term profits and independence.

What Is Bad Debt?

Bad debt usually comes with high interest and low value. It doesn’t build wealth—it drains it.

1. Credit Card Debt

Credit cards can be helpful tools, but high-interest rates make it easy to fall into a cycle of minimum payments and mounting balances.

2. High-Interest Auto Loans

If your credit score is low, you may only qualify for expensive car loans. These can leave you paying far more than the car is worth.

3. Payday or Personal Loans

Desperation often drives people to payday lenders. These loans have sky-high interest rates and short terms, trapping borrowers in expensive cycles of repayment.

Avoiding Bad Debt: Simple Habits, Big Wins

Managing debt responsibly begins with living below your means. That doesn’t mean cutting all joy out of life—it just means spending thoughtfully.

Create a budget that allows room for savings and unexpected costs. That emergency buffer helps you avoid borrowing during hard times.

Here’s how to stay smart with credit:

  • Use credit cards wisely—pay off the full balance monthly

  • Keep your debt-to-income ratio low

  • Save for large purchases instead of financing them at high rates

  • Build your credit score over time for better loan options

Bottom Line: Use Debt to Move Forward, Not Backward

Good debt helps you grow. Bad debt holds you back. The goal is to use credit to support your long-term goals, not sabotage them.

Whether you’re financing your education, buying your first home, or building a business, the key is to understand your obligations and use debt with intention.

Stay tuned to Maple News Wire for more financial insights that help you take control of your money and your future.

Labs4 Boosts Canadian Innovation with $55M Launch

Labs4 Launches to Power Canada’s Innovation Engine

New national initiative to bridge applied research and real-world impact

In a major move for Canada’s innovation ecosystem, Labs4—a $55 million applied research commercialization engine—has officially launched. The platform brings together 38 polytechnics, colleges, and universities nationwide, aiming to turn research into tangible solutions and support entrepreneur-led growth.

The new initiative, unveiled in Winnipeg on Treaty No. 1 Territory, combines hands-on training, prototyping support, and expert mentorship across eight Regional Hubs and three Indigenous Entrepreneurship Hubs. Backed by NSERC, Mitacs, and more than three dozen academic institutions, Labs4 promises to accelerate the translation of research into market-ready ventures—especially in underserved and Indigenous communities.

What Is Labs4?

Formerly known as the College-University Lab to Market Network, Labs4 is now Canada’s applied research commercialization backbone. The program offers:

  • Entrepreneurship training tailored to researchers

  • Prototype testing and validation in state-of-the-art labs

  • Mentorship from industry and innovation leaders

Its mission? Close the long-standing gap between Canadian research and commercial success.

“Labs4 is built for impact. This is innovation with purpose, delivered across every region and rooted in community,” said Dr. Jolen Galaugher, Executive Director at RRC Polytech and Chair of the Labs4 Executive Committee.

How It Works: 3 Pillars of Labs4

Labs4 isn’t just a funding program—it’s a full ecosystem built on three core pillars:

1. Indigenous Entrepreneurship Hubs

Located in Saskatchewan, Manitoba, and Ontario, these hubs provide culturally rooted support for First Nations, Métis, and Inuit researcher-entrepreneurs. Programs are led by Indigenous institutions and shaped by self-determined goals and community traditions.

2. Technology Readiness Level-Up (TRL)

This four-month hands-on experience places researchers in applied labs. With $10,000 stipends, participants develop, test, and refine their innovations under expert guidance.

3. Market to Lab (MtL) Simulation

In just two months, participants lead student teams to solve commercialization roadblocks using real-world business problems. With the support of market mentors, they build go-to-market strategies and leadership skills.

Applications for the Fall 2025 TRL cohort are now open, giving innovators a fast path from concept to commercial prototype.

Impact That Goes Beyond Products

According to Labs4 National Director Nasil Nam, the program is about much more than startups.

“Whether it’s a prototype in a lab or a venture ready to launch, we meet entrepreneurs where they are—and move them forward with confidence.”

Labs4 is designed to boost not only new ventures, but also economic development, inclusive growth, and job creation. By streamlining commercialization and embedding equity, the initiative is expected to support hundreds of new ventures annually.

Bridging Academia, Industry, and Community

One of Labs4’s unique strengths is its positioning between academic institutions and the business world. By fostering collaboration, the initiative helps researcher-entrepreneurs move ideas faster, build smarter partnerships, and scale with purpose.

Importantly, Labs4 also addresses equity barriers, making its tools and facilities more accessible to underrepresented innovators—including women, BIPOC communities, and rural entrepreneurs.

Want to Learn More?

To explore Labs4’s programs, tools, and events—or to apply—visit www.labs4.ca. For press inquiries:

Contact: Kevin Olszewski, Communications Officer
(204) 391-6168
kolszewski@rrc.ca

About Labs4

Labs4 is a national commercialization engine that empowers Canadian researcher-entrepreneurs. Delivered through 11 hubs, it fast-tracks applied research from lab to market. Backed by NSERC, Mitacs, and 38 academic institutions, Labs4 is focused on rapid, inclusive, and real-world innovation.

Stay tuned to Maple News Wire for more stories that power Canada’s innovation future.

Canada Hikes Express Entry Fund Limits for 2025

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Canada Raises Proof of Funds for Express Entry Immigration

New financial requirements affect FSWP and FSTP PR applicants

Planning to immigrate to Canada in 2025? You may need to bring a little extra cash. On July 7, Immigration, Refugees and Citizenship Canada (IRCC) officially updated the minimum proof of funds needed for Express Entry applicants under the Federal Skilled Worker Program (FSWP) and Federal Skilled Trades Program (FSTP). This annual adjustment—based on national income thresholds—means all eligible foreign nationals must now show at least $500 more than last year.

What’s Changed: New Fund Requirements for 2025

The new rules are simple but crucial. A single applicant must now show $15,263, up from last year’s $14,690. Here’s a quick look at the full breakdown for various family sizes:

Family MembersFunds Required (2025)Funds Required (2024)
1$15,263$14,690
2$19,001$18,288
3$23,360$22,483
4$28,362$27,297
5$32,168$30,690
6$36,280$34,917
7$40,392$38,875
Each Extra$4,112$3,958

All applicants must update their Express Entry profiles by July 28, 2025 to remain eligible. The updated fund levels ensure newcomers can support themselves after landing in Canada.

\Who Needs to Show Proof—and Who Doesn’t

You must provide proof of funds if you’re applying under:

  • The Federal Skilled Worker Program (FSWP)

  • The Federal Skilled Trades Program (FSTP)

However, you’re exempt if you:

  • Apply under the Canadian Experience Class (CEC)

  • Hold a valid job offer and are already authorized to work in Canada

In both cases, you still need to upload a letter explaining your exemption to avoid delays.

What Counts as “Proof of Funds”?

IRCC requires an official letter from a financial institution, printed on letterhead, containing:

  • Your name and contact details for the bank

  • Account numbers and opening dates

  • Account balances and average balances over 6 months

  • A list of any debts, like loans or credit cards

You must legally access these funds—at the time of application and upon arrival in Canada.

Not acceptable:

  • Real estate equity
  • Borrowed money from friends or relatives

Joint accounts with your spouse count. If funds are in your spouse’s name only, you’ll need to prove you have access to them.

How Is “Family Size” Calculated?

When calculating your required funds, IRCC includes:

  • You (the primary applicant)

  • Your spouse or common-law partner

  • Dependent children (yours and/or your partner’s)

  • Dependent children of dependent children

Even if your family members aren’t joining you in Canada, or are already Canadian citizens or PR holders, they still count toward your fund requirement.

Why These Fund Levels Matter

Canada’s proof-of-funds threshold aligns with 50% of the country’s low-income cut-off, reflecting rising living costs. Updating these thresholds yearly ensures newcomers are financially stable while settling into Canadian life.

The Express Entry system remains Canada’s leading immigration channel, issuing over 100,000 invitations annually. Meeting the financial requirement is non-negotiable—miss it, and you risk losing your chance at permanent residence.

Stay informed. Stay ready. Stay tuned to Maple News Wire for your next immigration update.

BC Ferries $1B China Loan Sparks National Inquiry

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Ottawa to investigate foreign shipbuilding deal amid local industry concerns and subsidy gaps

In a bold move stirring national debate, BC Ferries’ $1 billion loan from the Canada Infrastructure Bank to fund ship construction in China has caught the attention of Parliament. The House of Commons transport committee voted unanimously this week to open an official inquiry into the agreement. The deal, which involves China Merchants Industry Weihai Shipyards, has sparked concerns over domestic industry exclusion and long-standing subsidy disparities between coastal ferry services.

A Billion-Dollar Deal with Strings Attached

The Canada Infrastructure Bank committed to finance the construction of four new electric-diesel ferries for BC Ferries. The breakdown includes up to $690 million for vessel construction and $310 million to support electrification infrastructure. Notably, the deal went ahead without a single Canadian bid, raising questions about fairness in the procurement process.

In a statement dated June 26, the bank acknowledged that without its support, these vessels “wouldn’t likely be purchased.” Critics argue that while the loan aims to modernize the fleet, it may also undercut local shipbuilding opportunities.

Ottawa Demands Answers

In response, the transport committee will summon key decision-makers to testify, including:

  • Housing and Infrastructure Minister Gregor Robertson

  • Transport Minister Chrystia Freeland

  • BC Ferries CEO Nicolas Jimenez

  • Canada Infrastructure Bank executives

Freeland has already voiced strong disapproval. In a letter to her B.C. counterpart, Mike Farnworth, she wrote she was “dismayed” by the deal, urging the province to address security risks and confirm that no federal subsidies would support the purchase.

B.C. Premier Urges Broader Focus

At a press conference in Burnaby, B.C. Premier David Eby didn’t just comment on the procurement—he called for a deeper look into how Ottawa treats the coasts differently.

“The funding ratio is outrageous,” said Eby. “It’s $300 to $1 in federal support for Atlantic ferries versus ours in B.C.”

Eby sees this as an opportunity to rethink national ferry policy and re-energize Canada’s domestic shipbuilding industry.

BC Ferries Defends Its Position

BC Ferries CEO Nicolas Jimenez clarified that the loan was secured before the Chinese contract was finalized, and stressed that no Canadian companies submitted bids.

He emphasized that without the $1 billion loan, the ferries would still need to be built—but at a cost of higher passenger fares or greater taxpayer investment.

Jimenez also pointed out a double standard: “This loan will be fully repaid to the bank, unlike federal grants or operating subsidies given to East Coast providers—who also contracted the same Chinese shipyard.”

Conservative Criticism Grows Louder

Conservative transport critic Dan Albas, who co-chairs the committee, led the charge for Monday’s emergency meeting. He expressed frustration that, amid a trade war with the U.S. and ongoing Chinese tariffs on Canadian agriculture, public funds are fueling foreign shipbuilding.

Albas asked, “Why is Canada investing abroad while Canadian shipyards sit idle?”

Timeline and Next Steps

The committee will begin hearings within the next 30 days. Following the testimonies, MPs will deliberate on possible policy changes or restrictions regarding future procurement and public financing.

The four new ferries are scheduled to join BC Ferries’ fleet between 2029 and 2031.

Stay tuned to Maple News Wire for real-time updates on Canada’s evolving transport and infrastructure policies.

Uride Adds Pet-Friendly Rides Across Canada

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New “Pets” feature ensures furry friends ride comfortably too

Starting July 7, Uride, the Canadian rideshare service known for serving smaller communities, is now welcoming pets onboard in all its cities. The move marks a major step toward inclusivity, convenience, and care for pet owners across Canada—and it all started with a heartfelt in-flight conversation.

From a Flight Chat to a Canada-Wide Rollout

The idea for Uride’s new “Pets” ride option came midair. While flying from Toronto to Thunder Bay, Uride CEO Cody Ruberto met Nathan, a loyal Uride customer. During their chat, Nathan shared a frustrating story about being stranded one night—none of the drivers accepted his ride request when he mentioned he had his dog with him.

“He ended up crashing at a friend’s place,” Ruberto explained. “That’s not the kind of experience we want our riders to have.”

Motivated to prevent similar experiences, Ruberto and his team acted fast. What was initially planned as a pilot feature in Thunder Bay quickly turned into a nationwide launch.

How the “Pets” Ride Option Works

Riders can now select the “Pets” option in the Uride app for an additional $5 fee. This ensures their driver is someone comfortable with transporting animals—whether it’s a lap-sized dog, a curious cat, or any other furry companion.

Importantly, service animals remain exempt from this feature and the fee. Riders with service animals can continue to book standard rides without restrictions or extra cost.

Drivers also have the freedom to opt in or out of the pet-friendly ride option, promoting a flexible and respectful experience for all users.

A Big Win for Pet Owners – and Drivers

“This change means fewer cancelled rides for pet owners and more choice for our drivers,” said Ruberto.

Beyond just logistics, Uride’s update reflects a deeper commitment to treating pets like family. Whether a dog rides shotgun or curls up quietly in the backseat, this new offering ensures that every member of the household is cared for.

It’s also a smart move for drivers who want to tap into a new segment of riders and boost earnings with the $5 pet surcharge.

From Local Startup to National Platform

Founded in Thunder Bay in 2017, Uride was created with a mission to reduce impaired driving and offer reliable transportation in underserved areas. Since then, it’s grown into a trusted platform that now operates in 24 cities across Canada—including North Bay, Sudbury, Sault Ste. Marie, Timmins, and beyond.

“What began as a mission to prevent impaired driving has grown into a trusted transportation platform delivering millions of rides each year,” the company said.

Now, with the introduction of pet-friendly rides, Uride continues its mission of making transportation more inclusive, accessible, and community-driven—one ride at a time.

Stay tuned to Maple News Wire for more heartwarming stories and impactful changes across Canada.

How AI Can Help You Save and Manage Money Smarter

Discover how artificial intelligence is reshaping personal finance—and what to watch out for.

Artificial intelligence is quickly becoming a powerful ally in how people save money and manage their finances. From budgeting apps to robo-advisors and AI chatbots, this tech is transforming everyday financial decisions. But while it offers speed and convenience, it’s not without risks.

Here’s how AI is helping consumers save, budget, and invest smarter—plus where you should stay cautious.

Smarter Spending: How AI Tracks and Optimizes Your Budget

AI tools can now analyze your spending in real-time. Apps like KOHO and Moka do more than just track your expenses—they offer tailored tips, flag unusual transactions, and even help you automate your savings goals.

These platforms use machine learning to spot trends in your financial habits. For example, if you’re overspending on dining out, AI might send you an alert or suggest alternative ways to reduce those costs. This helps users build better habits without manual effort.

According to KOHO VP David Kormushoff, AI has also been crucial in detecting fraud and reducing money laundering investigation times, making your money safer behind the scenes.

Robo-Advisors: A New Way to Grow Your Wealth

Platforms like Wealthsimple and Questwealth use AI to manage investment portfolios. These robo-advisors assess your risk tolerance, income, and goals to build diversified portfolios—all with fewer fees than traditional advisors.

They offer a more hands-off approach to investing. Once you’ve set your preferences, the system makes adjustments based on market movements or your life stage.

AI also powers stock analysis tools that scan trends, earnings reports, and market signals, helping investors make better-informed decisions faster.

Everyday Savings Made Simple with AI

You don’t need to pay for fancy tools to benefit from AI. Free platforms like ChatGPT and Google Gemini can help you save money daily.

Use them to:

  • Plan affordable meals

  • Find grocery deals

  • Create cost-effective travel itineraries

  • Optimize fuel-efficient routes

  • Set reminders to avoid late fees

The key is to ask the right questions. Let the AI know your budget and priorities—and it will generate customized suggestions to stretch your dollars further.

Be Cautious: Why AI Isn’t Always Right

AI doesn’t fully understand your unique financial story. It can’t always factor in emotions, unexpected expenses, or life goals. For example, it may suggest investing aggressively without realizing you’re saving for a short-term need like a home down payment.

Plus, many tools aren’t equipped to handle sudden changes—like job loss, health emergencies, or economic instability. That’s why it’s essential to pair AI with human judgment and financial literacy.

Privacy Risks: Know Where Your Data Goes

Many AI finance tools need access to banking data, personal info, and transaction histories. While most reputable apps use encryption and security layers, storing such data online always brings risk.

To protect yourself:

  • Use trusted apps only

  • Enable two-factor authentication

  • Avoid logging into financial accounts on public Wi-Fi or unknown devices

Being aware of data privacy risks helps you use these tools safely and responsibly.

Don’t Rely on AI Alone

AI can’t replace real-life financial advice. Automated tools follow preset algorithms, which may overgeneralize and ignore your unique situation. Unlike human advisors, they can’t adjust based on your values, emotions, or financial stressors.

As AI evolves—especially with the potential rise of Artificial General Intelligence (AGI)—we might see more emotionally intelligent tools. But for now, today’s AI should be seen as a co-pilot, not a captain.

Final Takeaway

AI has the potential to improve financial decision-making, reduce costs, and simplify investments. But use it with caution, always stay informed, and remember—no app can replace your judgment.

Canada Extends PGWP Eligibility for Study Programs

New update grants relief to international students affected by earlier policy cuts

Canada has extended eligibility for Post-Graduation Work Permits (PGWPs)—a major shift impacting thousands of international students. Originally, many study programs were set to be removed from PGWP eligibility on June 25, 2025. But now, in a surprising July 4 update, Immigration, Refugees and Citizenship Canada (IRCC) has delayed that decision until early 2026.

This grace period not only allows more students to qualify for open work permits, but also expands the list of PGWP-eligible programs from 920 to 1,107—offering a critical lifeline for applicants caught in the transition.

What This Means for Students

The sudden June 25 rule change had removed 178 programs from PGWP eligibility. Now, students enrolled in those programs can still apply for PGWPs—as long as they meet other general eligibility criteria. Those who applied for a study permit between June 25 and July 4 also benefit from the amendment.

The restored eligibility applies mainly to college-level diploma and certificate programs. Importantly, university bachelor’s, master’s, and doctoral programs remain unaffected, as they are exempt from field-of-study restrictions.

PGWP: A Gateway to Canadian Work Opportunities

The Post-Graduation Work Permit is an open work permit granted to international students who complete eligible programs in Canada. It:

  • Is valid for up to three years

  • Allows graduates to work for any employer

  • Helps students gain Canadian work experience, which can count toward permanent residency pathways

How the Classification System Works

PGWP eligibility is determined using the Classification of Instructional Programs (CIP) system, which is based on the curriculum—not the name—of the program.

In the June update, IRCC:

  • Removed 178 CIP codes, including all “Transport” category programs

  • Added 119 CIP codes, including many in the “Education” category

The July update doesn’t reverse these changes but postpones their effect for newly applying students until 2026, giving institutions and students more time to adjust.

Key Requirements for PGWP Eligibility

To qualify for a PGWP, students must:

  • Complete at least an 8-month program (or 900 hours in Quebec)

  • Attend a PGWP-eligible Designated Learning Institution

  • Maintain full-time student status, except in their final semester

  • Apply within 180 days of program completion

  • Hold a valid study permit at some point during those 180 days

  • Meet relevant language requirements

Who Doesn’t Need to Meet Field of Study Rules?

Some applicants are exempt from the field-of-study requirement:

  • Students applying under the Canadian Experience Class (CEC)

  • Those with a valid job offer and work authorization in Canada, even if applying through the Federal Skilled Worker Program (FSWP) or Federal Skilled Trades Program (FSTP)

However, all Express Entry profiles still require a proof of funds update and other supporting documentation to ensure ongoing eligibility.

What Students Should Do

If you applied for a study permit before June 25, 2025, you’re safe under the previous rules. If you applied between June 25 and July 4, you now qualify again under the grace period.

To remain eligible, ensure:

  • Your study program appears on the updated eligible list

  • You maintain valid documentation and apply for your PGWP on time

  • You monitor further updates from IRCC, as policies may continue to evolve

For now, international students can breathe a sigh of relief. Canada’s delay offers not only more clarity but also a fairer window to complete studies and apply for work permits.

Stay tuned to Maple News Wire for more updates on Canadian immigration, education, and employment pathways.