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CTV National News: Tesla exiting ferry falls into water with driver inside

CTV National News: Tesla exiting ferry falls into water with driver inside

CTV News4 days ago
CTV National News: Tesla exiting ferry falls into water with driver inside
Dramatic video shows the moment a Tesla fell into water exiting a ferry in Quebec. Stephane Giroux on the shocking incident.
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Who controls the centre lane on the Lions Gate Bridge?
Who controls the centre lane on the Lions Gate Bridge?

CBC

timean hour ago

  • CBC

Who controls the centre lane on the Lions Gate Bridge?

Around 60,000 cars cross Vancouver's Lions Gate Bridge every day. And if you have ever been in one of those vehicles, you may have wondered who decides the ever-changing direction of the centre lane and how they decide when to change it. "Our biggest goal obviously is safety and second to that is keeping traffic moving," said Ashok Bhatti, executive director at B.C.'s transportation ministry. The bridge, which connects Vancouver and the North Shore, has three lanes for vehicle traffic (and barriers that separate an area for cyclists and pedestrians on either side). Special traffic lights posted above each vehicle lane indicate which direction of traffic a lane is open to — providing the bridge with a counterflow system. Staff monitor 46 cameras At the province's Transportation Management Centre in Coquitlam, B.C. the mood is calm and focused. Staff monitor thousands of traffic cameras across B.C. They update the Drive B.C. website, change the messaging on electronic traffic signs across the province, and manage counterflow operations on various structures in Metro Vancouver—including the Lions Gate. WATCH: Who controls the Lions Gate Bridge's centre lane? Who controls the Lions Gate Bridge centre Lane? 10 hours ago Around 60,000 cars cross Vancouver's Lions Gate Bridge every day. And if you have ever been in one of those vehicles, you may have wondered who decides the ever-changing direction of the centre lane and how they decide when to change it. The CBC's Michelle Gomez has the answers. A staff member observes the iconic green bridge's traffic at all hours through 46 cameras that show different sections and angles of both the bridge and the roads leading onto it. Decisions are made methodically, based on engineering standards and take into account what is happening on the road in real time. How it works There are typically two lanes heading southbound—into downtown Vancouver—during morning rush hour as people pour into the city, and two lanes heading northbound—out of downtown—during evening rush hour,as drivers head home. But it's not as simple as that. No matter the time of day, as cars come off the bridge they are routed onto city streets and highways, which must have enough space to handle them. The need is most acute for southbound vehicles, heading into Vancouver's dense, downtown core. "If we're in a situation where we don't do counterflow for a very long time, and traffic is starting to build up, say, in Vancouver. . . we need to start flushing this traffic through otherwise it will take hours for us to release it," Bhatti said. And if southbound traffic slows down too much along the Stanley Park Causeway, it can cause the centre lane to clog—which Bhatti said is a big no-no. The centre lane, no matter which direction it's serving, must remain free-flowing at all times so cars can merge, quickly, safely and on short notice, into the right-hand lane when an emergency vehicle needs to get across using the centre lane, Bhatti explained. Emergency vehicles need to come through dozens of times per day, he added. This adds to how often the centre lane is changed. "The reason it's so dynamic is we're constantly managing the traffic back and forth so it won't get to that critical place where it just won't work," he said. When it isn't rush hour, Bhatti said staff monitor the cameras and use the centre counterflow lane based on which side has the highest traffic volume. "What we're trying to do is make sure that it doesn't get congested, particularly in any one direction," he said. Between managing emergency vehicles and traffic counterflow, Bhatti sayd staff typically switch the lane direction between 35 and 40 times a day. How lanes are switched The process of changing the direction of the centre lane using the specialised traffic lights takes about three minutes from start to finish. Those driving in the centre lane will first see a flashing yellow line, then a solid yellow line, and finally a red "X" indicating the lane is fully closed. Drivers coming from the other side will then see the a green check mark above the centre lane, with staff monitoring the transition to ensure it's clear before it opens to the opposite direction. "It's all done through very strict engineering standards, but the operators do have the ability… to dynamically shift things in real time to make sure it's safe," Bhatti said. Constrained network Bhatti said drivers should give themselves plenty of time and exercise patience while crossing the bridge, which he referred to as part of a constrained network. "There's a huge population of travellers within the Lower Mainland," Bhatti said. "All the bridges could be bigger." Bhatti said drivers should know staff do their best efficiently and creatively manage traffic, using counterflow to make the most of the three-lane bridge.

Should You Forget Tesla and Buy These 2 Artificial Intelligence (AI) Stocks Right Now?
Should You Forget Tesla and Buy These 2 Artificial Intelligence (AI) Stocks Right Now?

Globe and Mail

timean hour ago

  • Globe and Mail

Should You Forget Tesla and Buy These 2 Artificial Intelligence (AI) Stocks Right Now?

Key Points Tesla's business is struggling right now. Both ASML and Alphabet look cheaper than Tesla at today's prices. These 10 stocks could mint the next wave of millionaires › Tesla is at a crossroads. Its EV sales are declining, and new models like the Cybertruck have been a commercial flop. It is betting the house on speculative self-driving and humanoid robot technologies. All the while, CEO Elon Musk is investing in artificial intelligence (AI), but through an entirely different company: xAI. It looks like a tough road ahead for the once-beloved brand. Here's why investors should forget it and buy two other AI stocks instead. ASML's manufacturing tailwinds Companies such as xAI are investing billions of dollars in advanced computer chips. In order to meet this demand, manufacturers are increasing chipmaking capacity in the U.S. and other countries around the world. This will be a boon for ASML Holding (NASDAQ: ASML). ASML is the leader in making lithography machines for semiconductors, which help build intricate patterns on silicon wafers. The company's extreme ultraviolet lithography (EUV) systems are the only way that advanced computer chips designed by the likes of Nvidia can be made en masse. This gives the company a large demand tailwind from AI and huge power over the semiconductor supply chain. It's why it can sell its machines for hundreds of millions of dollars with over 50% gross margins. Traders sold off ASML stock recently after its second-quarter earnings update and tentative guidance due to U.S. tariffs. However, the company is still guiding for 15% net sales growth this year and 44 billion to 60 billion euros ($51.5 billion to $70.3 billion) in revenue by 2030. It also expects gross margins to keep ticking higher at greater scale, with guidance for upward of 60%. This could help operating margins leap to 40% compared to 36% over the last 12 months. A 40% operating margin on $70.3 billion in revenue equates to $28 billion in operating income. Compared to a market cap of $280 billion today, this earnings potential means that ASML stock is cheap after its latest drawdown and deserves consideration in one's portfolio. ASML PE Ratio data by YCharts; PE = price to earnings. A historical opportunity for Google Alphabet (NASDAQ: GOOG)(NASDAQ: GOOGL) is a huge driver of demand for computer chips and ASML's machines as one of the leading AI companies. As the owner of Google, YouTube, and Google Cloud, the technology giant is in prime position to take advantage of this historical opportunity. It can create consumer demand through new products such as Google AI Overviews and its Gemini chatbot, which are both seeing an extreme increase in use at the moment. Only Alphabet has the in-house computing infrastructure to support so many people using its products at once. AI growth can drive revenue to new heights for Google and associated consumer products like YouTube. Last quarter, Google Services revenue increased 10% year-over-year to $77 billion. More promising may be Alphabet's outsourcing of AI computing infrastructure through Google Cloud. It has spent years investing in chips and data centers focused on AI computing, which is now helping it gain market share in cloud spending. Google Cloud revenue increased 28% year over year last quarter to $12.3 billion. It is much smaller than Google Services today, but it has a huge runway left as AI proliferates in the software industry over the next decade and beyond. Even though it is already one of the largest companies in the world, Alphabet can use AI to drive further revenue and earnings increases in the next decade. At a price-to-earnings ratio (P/E) of just 21, the stock looks like an appetizing buy. Both these companies look like much better bets than Tesla. ASML has a P/E of 26, while Tesla's is over 180. ASML and Alphabet are growing; Tesla isn't at the moment. If you own the EV maker, it might be time to start thinking about better replacements in your portfolio to play the AI boom. Don't miss this second chance at a potentially lucrative opportunity Ever feel like you missed the boat in buying the most successful stocks? Then you'll want to hear this. On rare occasions, our expert team of analysts issues a 'Double Down' stock recommendation for companies that they think are about to pop. If you're worried you've already missed your chance to invest, now is the best time to buy before it's too late. And the numbers speak for themselves: Nvidia: if you invested $1,000 when we doubled down in 2009, you'd have $450,583!* Apple: if you invested $1,000 when we doubled down in 2008, you'd have $40,580!* Netflix: if you invested $1,000 when we doubled down in 2004, you'd have $636,774!* Right now, we're issuing 'Double Down' alerts for three incredible companies, available when you join Stock Advisor, and there may not be another chance like this anytime soon. See the 3 stocks » *Stock Advisor returns as of July 21, 2025

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