
Process to dissolve the Vancouver Board of Parks and Recreation paused
A seagull takes flight off a statue of Captain George Vancouver outside Vancouver City Hall, on Saturday, January 9, 2021. THE CANADIAN PRESS/Darryl Dyck
The City of Vancouver has put a pause on its process transitioning governance of the Vancouver Board of Parks and Recreation, marking another delay to its much talked about plan to fully collapse the board.
In December 2023, Mayor Ken Sim announced his plan to abolish the board and reallocate its responsibilities to city council in a bid to save money. In November last year, a report from the city's Parks and Recreation Transition Working Group said the disintegration of the board would save the city approximately $7 million a year.
Removing the park board would require making an amendment to the Vancouver Charter, a provincial statute, and the city would need the legislature to vote on whether those changes could go ahead.
In a message sent to City of Vancouver staff and shared by Vancouver Park Board commissioner Thomas Digby, the city noted that the province made changes to the Vancouver Charter earlier this month, but made no mention of the park board.
'The provincial government did not introduce Charter amendments for consideration by the legislature in the spring session, which ended yesterday, May 29,' the statement read.
'The provincial government has reaffirmed its commitment to, at a future date, enact these legislative changes.'
In the meantime, any planning that was in place to prepare for a transition of governance has been paused.
Any information regarding the timing of any legislative changes will be released once the city receives it, it said.
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CBC
43 minutes ago
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ETFs are outpacing mutual funds despite market volatility. Are rookie retail investors at risk?
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It recommends it for long-term investors. Sal D'Angelo, the head of product at Vanguard Canada, says there are a few reasons why ETF uptake has grown substantially in the last several years. Both retail investors and professional portfolio managers are moving to lower-cost options; There's more interest in indexing, which is a passive investment strategy that matches an index's best-performing stocks, rather than trying to beat the index's growth; and there are more retail investors buying ETFs in general. WATCH | What the bond market selloff means: How the U.S. bond market made Trump blink | About That 1 month ago Duration 8:42 Vanguard Canada's version of the S&P 500 ETF is listed on the Toronto Stock Exchange under the VFV ticker. It boasted an annual return of 35.24 per cent last year and 23.3 per cent in 2023. This year, in the wake of a tariff-induced roller-coaster market environment, the ETF is showing a year-to-date loss of -3.07 per cent. 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Marius Zoican, an associate professor of finance at the University of Calgary, studies the gameification of investing and monitors retail investor behaviour. "If the market goes up five per cent within a day or drops five per cent intraday, and if you are holding ETFs and you are receiving these notifications, it's very tempting to act on them, even though those are about past performance," he said. "Once you're sort of nudged … into this idea that the market is going down, you're likely to just go on your phone and and sell. And that's perhaps not [the] optimal behaviour." He added that during highly volatile times, like the period we're currently in, ETFs can face a liquidity rush if too many people try to sell at the same time. "That might create a divergence between the price of the ETF and the price of the underlying basket," he explained, whereas mutual funds managed by a professional have more guardrails against impulsive investment behaviour. 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CBC
an hour ago
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Trump biopic The Apprentice takes home top film award at Canadian Screen Awards
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CBC
an hour ago
- CBC
1 exam, 50% of final grade. Students say Quebec must follow rest of Canada and change 'unfair' system
Social Sharing As students across the province get ready to write their ministerial exams, the pressure is high – and so are the stakes. Luca Di Fiore, a Grade 11 student, says the final exam feels like a judgment. "It seems unfair almost after everything you do throughout the entire year," he said. "To hear that one test that you do at the end of the year, irrespective of everything you've accomplished throughout the entire year, could just change everything for you [is unfortunate]." Quebec is the only province in Canada where some final exams account for 50 per cent of high school students' final grades. Some teachers and students have been pushing for change and wish to be heard. The province has standardized Grade 10 and 11 exams in French, English, mathematics, history and science – all worth between 25 and 35 per cent of final grades. But some, including history of Quebec and Canada and basic French as a second language, count for 50 per cent. Other Canadian provinces also administer standardized exams, but none are weighted as heavily. Quebec wasn't always the only province placing such emphasis on these exams. Alberta brought its equivalent – Diploma Exams – down to 30 per cent 10 years ago. Di Fiore explained that if students are unable to retain everything they learned during the year, it can make all their hard work feel "pointless" when it all comes down to just three hours. His classmate, Mia Beauchamp, shared that a poor exam result has the power to bring down her mood and her confidence and makes her doubt whether she'll pass the year. "I think it's very stressful because we can't remember it all. Teachers aren't expected to remember it all, why are we?" she asked. She believes the exam's weight should be reduced. Di Fiore proposed replacing the ministerial exam with monthly standardized tests from the ministry. Although he acknowledged the value in maintaining test uniformity to ensure consistent teaching across the province, he emphasized the need to discuss lowering the exam's weight. WATCH | Students, teachers want standardized testing to weigh less: Do ministerial exams count for too much in Quebec high schools? 9 minutes ago Duration 2:59 'Not the way the real world works' Paul Berry, a Grade 10 and 11 mathematics and history teacher at Options High School, is also advocating for a reduction in the final exam's weight. While he sees their importance, he argued they shouldn't hold the level of prominence currently given to them. "[The government treats] these exams like they're sacred texts and like they're the be-all and end-all," he said, adding that the experience is very heavy for many students. "There's nothing really in life where you're going to be facing that type of situation … It's just not the way the real world works." Berry and his colleagues work with many students who struggle with mental health and learning disabilities. He expressed concern over whether these students can effectively demonstrate their knowledge under such pressure. "For the most vulnerable students, it's really them who get hit the hardest," he said. Berry also views the situation as a sign of distrust in teachers, who spend their entire year with their students. "It shows a real lack of appreciation for the work that we do and a lack of concern for the real-life consequences that some of these students will face if they're not able to meet what the government considers to be the standard," he said. Current model limits teachers, some teachers say Michael Wadden, a Grade 10 and 11 history teacher at a high school in Montreal's West Island, remarked that it often feels like teachers are "teaching to an exam." He wishes he had more freedom to engage students through alternative methods – like a mock parliament, debates, analysis and reflection – but says those activities risk cutting into exam preparation time. Wadden argued that the current model limits students' ability to reflect, express their opinions and take a stance – skills he says all teachers would love to encourage them to develop, especially in a course that teaches Canadian and Quebec history. Around this time of year, he starts to see more absenteeism as students realize much of the classroom time will be dedicated to reviewing material they feel they can study on their own. Wadden also pointed out that some of his students are grappling with trauma and issues at home. "To have everything so dependent on one day and three hours is just not fair to these kids," he said. Wadden's colleague, Esther Ste-Marie, a Grade 7 social studies teacher, noted that even though her students don't yet write ministerial exams, teachers are already working hard to prepare them for Grade 10. Still, this year, she's trying something new: prioritizing a project-based approach and critical thinking. "It's been working well, but I still have at the back of my head … my students. They still need to be able to do a formal test because in Grade 10, they'll have to do it like everybody else," she said. Ste-Marie pointed out that this reality ties teachers to the responsibility of preparing students for ministerial exams. "The ministry is asking us to create those students ready for the 21st century skills to make them lifelong learners, to make them critical thinkers, but yet they're limiting us," she said. "We want them to think outside the box, but we're not allowing them to think outside the box." How Alberta's exam reform benefited students Jason Schilling, the president of the Alberta Teachers' Association, explained that the province's decision to make final exams worth 30 per cent instead of 50 significantly relieved pressure on students. "It also allowed me as a teacher to assess my students in a variety of different ways that would show what the students know more than necessarily sitting down and doing their reading comprehension in a written test in such a high stakes kind of moment," he said. "When it's not weighted as much or if it's not weighted at all, it does allow you flexibility to be more creative." Quebec Education Minister Bernard Drainville stated last week that he is not considering any changes. "Fifty per cent to ensure equality, to ensure that we can compare results from one school to the next, from one region to the next," he told reporters. But Di Fiore, while understanding Drainville's perspective, disagrees. "If we're talking about equality, if everybody's at 30 [per cent], that's still equality, right?" asked Di Fiore. "And why are students getting pressure put on them if the thing that we're attempting to evaluate with these [exams] is the school systems?" Di Fiore believes those affected by the current system deserve a voice in the decision. "If you're a doctor, you talk to your patient about what they're feeling," he said. "I think everybody should be involved in that conversation so we can get all perspectives." WATCH | Learn more about Quebec's plan to ban cellphones in schools: Full cellphone ban part of new 'civility' rules in Quebec schools 1 month ago Duration 2:43 New regulations will prohibit students in public and private schools from using electronic devices on school property as of September 2025. Quebec Education Minister Bernard Drainville hopes the regulation will lead to better concentration and socialization between students. The rules also set requirements for how students address teachers and staff.