www.theasianstar.com Vol 17 - Issue 34
Saturday, September 22, 2018
Deepak Anand is Canada’s top cannabis consultant Deepak Anand is a man on a mission. Vice president of business development and government relations with Cannabis Compliance Inc., Deepak wants to make sure companies and individuals have access to cannabis the right way—because the truth is, not everyone will post October 17. For many, there’s limited affordability, for others, there are geographical hurdles, and heavy import and export restrictions. Consumers aren’t the only ones feeling (or rather, not feeling) the burn; with Health Canada’s tight requirements for licensure, the doors don’t open easily for many would-be cultivators either. Having helped more than 100 companies, organizations, and Continued on page 6 even the Federal Government help
BC homeowners hardest hit by Canada’s rising interest rates A new report shows interest rates are rising faster than income for Canadians — providing a wake-up call to consumers who are taking on unsustainable amounts of debt. Soaring home valuations are inflating the average Canadian’s net worth, especially in the hot real estate markets of Toronto and Vancouver, but interest rate cost increases are expected to force spending restraint going forward, warned Environics Analytics in a report Monday. ‘Everything on their balance sheet looks great but, all of a sudden, when you look at these rising interest rates, that’s going to start pinching their cash flow,’ said Peter Miron of Environics Analytics. “The overarching story this year is that Canadians have never been richer but, at the same time, they’ve never felt poorer,’’ said Peter Miron, Environics Continued on page 6
60,000 Canadians have complained about the CRA phone scam originating in India
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Darpan Awards 2018 A towering funnel of smoke and flames photographed by a firefighter with the BC Wildfire Service is giving viewers a peek into the surreal world that crews have faced while battling some of the worst wildfires this summer in British Columbia.
Vancouver’s new duplex rules
The Guest of Honour and Keynote Speaker this year was Afroz Shah (second from right), a Mumbai-based environmentalist and lawyer who is leading the environmental movement in the city and tackling plastic pollution and other harmful concerns one step at a time. Afroz Shah receiving International Sensation DARPAN Award.
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Rare fire tornado in BC
Most Canadians have received a scam call with an automated message threatening arrest over unpaid taxes. Call back and you’ll be further threatened by someone claiming to be an agent of Canada Revenue Agency. They may demand as little as $700 — though some have handed over more than $100,000. At least 60,000 Canadians have complained about being targeted by the phone scam over the past five years. More than $10 million dollars has been stolen in that same time period, making it one of the Continued on page 7 largest cyberscams in Canadian history.
See story & pictures on Page 6 - Entertainment Sec.
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On Thursday, Vancouver city council voted 7 to 4 in favour of allowing a vast rezoning of the city’s low-density, single-family (RS) neighbourhoods to allow duplexes. Here’s what you need to know about the changes. What’s new? Duplexes are now permitted on 99 per cent of Vancouver’s singlefamily zoned properties. What does it mean? Essentially, it means it is now legal to build as many as four housing units on an RS lot, Continued on page 2
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