100% below ground LRT gets approval

Plans have been approved by the provincial government to bury the Eglinton LRT from end to end. The idea of a totally subterranean transit line was the signature concept of Mayor Rob Ford’s new transit scheme for Toronto. The original plan called for above ground sections at either end of the line. The east end, most affecting South Bayview, would have been above ground east of Leslie. As we have said in previous posts, the underground plan will probably cause much less traffic disruption during the long construction period. The LRT is not fully approved as yet. The proposal also includes an extension of the Sheppard subway line in both directions and the funding for that – an estimated $4.2 billion – is contingent upon on public-private partnership. The total cost of the plan is $12.4 billion. Locally, the LRT plan calls for stations at Laird, Bayview and Mount Pleasant. More.

What? Identical twins aren’t identical?

Quite amazing research done at the University of Western Ontario is announced. Long study has caused molecular geneticist, Shiva Singh, to conclude that identical twins are not genetically exactly the same, regardless of how similar they may appear in life. How he came to this conclusion is outlined in a story by Mark Iype of Postmedia News.

Now the story of Percy’s safe rescue

The story of Percy’s recovery is one of extraordinary luck. The shop dog for Sleuth of Baker Street ran away from his owners while in the country near the tiny community of Havelock, east of Peterborough. It’s a land of lakes, rivers and small islands. Percy was being a dog when he took after some deer. But then he was gone and didn’t return. The word went out but no one was able to spot Percy.After some eight days, he was spied by two boys out on a hike. But he was across a river from them on a small island. What could they do. Percy would not swim to them and they wisely did not try to swim to him. They left. Now that extraordinary luck we mentioned. On their way, the boys met a local mail deliverer on her rounds. They told the woman they had seen what must be soneone’s dog. “You’re right,” she said and figured she knew just who. She had the story in her notes and owner Marion’s contact information. Marion drove to the scene where a ford to the island was found. Thus was Percy rescued, quite a few pounds lighter than when he disappeared but alive. There are wolves in the area who might like to feast on a lost and domesticated dog.

7-Eleven launches Japan aid campagn

7-Eleven stores in Canada and U.S. are raising funds to aid in relief of the Japan earthquake. Some 39,000 store locations will assist organizations providing relief for the Japanese people devastated by the March 11 quake and tsunami. The convenience retailer has launched an in-store collection canister and fundraising campaign for its customers around the world to assist with Japan relief. 7-Eleven is owned in Japan and is the world ‘s largest corner store chain.

Class action firms vs Visa, MasterCard

The two law firms which have filed for permission to launch a class action against Visa, MasterCard and the big banks (see post below) are specialists in such actions. Both are located in Vancouver and have collaborated before. Camp Fiorante Matthews (CFM partners) have practiced together since 1993 and concentrate their practice in acting for plaintiffs in product liability, class action and aviation cases. Branch MacMaster has focused on litigation including class actions, health, insurance and personal injury.

Class action bid on credit card fees

Two Canadian law firms have proposed a class action suit which accuses Visa, MasterCard and the major banks of fixing charges on credit cards. News release here. The specifics of the filing mirror closely the complaints of merchants and their associations, such as the Canadian Federation of Independent Business. The principal accusation is that the parties require merchants as an absolute condition to accept all levels of cards, including so-called premium cards with high fees. And, that the card companies forbid merchants from charging a higher price for goods sold on premium cards as a way of recovering the additional fee expense. The news releaase linked above also solicits those who might wish to be part of the class action.

Williamson replaces Baxendale at CIBC

The Canadian Imperial Bank of Commerce has shuffled top executives. The most important moves are the departure, unexplained, of Sonia Baxendale (right) who was the bank’s retail markets senior executive vice-president. The announcement said Baxendale had established a strong retail markets franchise with market-leading positions and a track record of innovation. She earned $4.44 million in 2010. Her replacement is David Williamson (left) who will now be in charge of personal and business banking. He had been the bank’s CFO since 2008. Kevin Glass replaces Williamson as CIBC’s chief financial officer and will report to the CEO under his new role on the senior executive team. He has worked at the bank since 2009. The changes are discussed in this Reuters story as they impact succession to CEO.

BMO launches coin exchange program

Bank of Montreal has said that it will build coin repatriation machine4s into its new and refurbished branches over a period of time. It will be costly but the strategy is to win loyalty and pry depositors away from other banks. The story is in the Globe and Mail this morning. Interestingly, the machines don’t charge fees or take a percentage of the haul the way most generic coin counters in supermarkets and malls do. However, users must take their receipt to the teller in order to get paid. At that point, BMO has the chance to pitch them on opening an account, if they aren’t already a customer.

Denied parking on Petman Ave

The residents of streets like Petman Ave (running between Eglinton and Soudan east of Forman) know the difficulty of residential parking. That’s why it seems a shame that what should have been an easy request to place a parking pad in front of a modest home should be turned down. The story is told by Sue Ann Levy in the Sun. She champions the right in local politics and blames anti-car members of the Toronto and East York Community Council for the tie vote (5-5) that killed the request from resident Wendy Hyman for relief from crowded parking and endless tickets. She told councillors that safety was a “significant concern” for her especially at night when she has to walk from whatever spot she finds in her neighbourhood. A poll of the neighbours in the area found some 80% were in favour of allowing Hymus to create the parking pad. She also promised to ensure the city tree on her front yard — a maple — would not be damaged in any way. Remarkably, the following month a neighbour who lives three doors down won his bid to install a front-yard parking pad. Levy said: “The bid squeezed through 6-5. Why? Because one of the anti-parking pad leftists had slipped out of the room to the washroom during the vote.”