To celebrate the NBA Finals, Chipotle has announced it will give away $1 million worth of free burritos.Want to score one? You’ll need to listen closely during the basketball games and keep your smartphone at hand.Here’s the deal: Every time one of the official broadcast announcers — the principal play-by-play announcer, color commentator or sideline reporter — mentions the word “free” during the games, Chipotle will Tweet a code good for one free entree.But you’ll have to be as quick to …
The federal government has quietly given a subsidiary of East Coast business giant J.D. Irving Ltd. more than $40 million in funding that an expert says could have trade implications for the New Brunswick firm.Atlantic Wallboard LP received the so-called conditionally repayable contributions between 2006 and 2012 from the Atlantic Canada Opportunities Agency (ACOA) under a much-vaunted shipyard redevelopment fund.However, records obtained by The Canadian Press through an access-to-information request show that the company, which makes gypsum wallboard products commonly called drywall, has not been required to repay at least $35 million.In all, Atlantic Wallboard has repaid just over half a million dollars — or 1.3 per cent of the total loans.The funding represents a polarizing approach to economic development that critics dismiss as handouts for private companies, while proponents argue it spurs investments and creates jobs.Both Irving and ACOA say the company has met all the financing conditions, exceeding its investment requirements and creating a sustainable, long-term business.But an economics expert says the federal agency used “murky language” by calling the money conditionally repayable to describe what is effectively a subsidy.Ian McAllister, who headed the regional development unit of the federal Finance Department in the early 1970s, questioned whether it was a manoeuvre to skirt trade rules.“It’s what I might call deliberate obscurity to try to not break the rules,” said the retired Dalhousie University economics professor. “ACOA and the Irvings may not want clarity because it then puts them in a confrontational situation with the U.S. government.”McAllister added: “With NAFTA renegotiations at the moment, it’s the last kind of thing they’d want to have out.”It’s a suggestion that Irving spokeswoman Mary Keith dismissed, noting that imports of gypsum wallboard from Canada are estimated to account for less than one per cent of U.S. consumption.The Saint John company, part of a conglomerate of forestry, shipbuilding and oil and gas companies founded in the late 1800s, is one of the newer branches of the Irving family enterprise.The company produces several types of wallboard under license to CGC Inc., a subsidiary of USG Corp., distributed in Canada and the northeastern United States.The roots of Atlantic Wallboard can be traced back to the early 2000s when Ottawa sought to reduce shipbuilding capacity in Atlantic Canada.Overcapacity had been a recurring problem for Canada’s shipyards, and between 1986 and 1993 the federal government provided nearly $200 million to spur an industry-led downsizing to curb capacity in Ontario, Quebec and British Columbia.In 2003, the federal government ponied up cash for the East Coast, saying it would provide up to $55 million to help redevelop the Saint John shipyard site.“The government made available a shipyard redevelopment fund if we committed to permanently close the shipyard and agreed not to build ships at the site for at least 15 years,” Keith said in an email. “The Atlantic Wallboard business was developed as a result of the closing of Saint John Shipbuilding and the federal government making available the shipyard redevelopment fund.”She said the program called for matching dollar-for-dollar investments — a requirement Irving has exceeded.“We have complied fully with all aspects of the shipyard redevelopment fund and the investment has created a long-term sustainable business,” Keith said. “The 10 year old conditionally repayable contribution (not a loan) was specific to the government of Canada’s shipyard rationalization program to address the economic hardship caused by the loss of the shipyard in Saint John (SJSL) which directly employed over 3,200 people at peak.”The gypsum wallboard manufacturing plant now employs 91 people, in addition to rail and truck workers who move the product to markets, she said.ACOA spokesman Robert Bourgeois said the first $35 million loan provided to Atlantic Wallboard in 2006 did not require repayment.“Repayment was based on the project achieving certain success factors or milestones during the life of the agreement,” he said by email. “The agreement terminated on November 28, 2015, when it reached its sunset date. No amounts were deemed repayable as the required milestones for repayment had not been achieved.”The following two conditionally repayable loans inked in 2011 and 2012 totalling $7.4 million remain active, with about $540,000 in principal repaid.“Atlantic Wallboard LP remains in compliance with the terms of the contribution agreements and ACOA continues to monitor the projects,” Bourgeois wrote, adding that “any repayment triggered indicates that the company has met the required milestones for repayment for those years of operation.”While $42 million is a substantial sum, it’s still less than a quarter of the $200 million Ottawa set aside to help curb shipyard capacity elsewhere — and a small fraction of the cash infusions provided to companies such as Bombardier Inc. or the auto sector in southern Ontario.“In the big picture, it’s peanuts,” McAllister said. “It’s a drop in the bucket.”He added that large companies like the McCains or Irvings have demonstrated entrepreneurial leadership in a depressed region, serving as “building blocks” for the economy.“That’s not to say they haven’t gotten away with more than they should have, but they’ve been good for the welfare of the region in a big economic way.”
Some of the most active companies traded Tuesday on the Toronto Stock Exchange:Toronto Stock Exchange (15,728.51, up 23.51 points):Manulife Financial Corp. (TSX:MFC). Financial Services. Down seven cents, or 0.28 per cent, to $25.26 on 8.39 million shares.Hydro One Ltd. Instalment Receipts (TSX:H.IR). Utilities. Down 89 cents, or 2.39 per cent, to $36.41 on 8.37 million shares.Trevali Mining Corp. (TSX:TV). Miner. Up seven cents, 4.70 per cent, to $1.56 on 6.5 million shares.Pembina Pipeline Corp. (TSX:PPL). Oil and gas. Up 49 cents, or 1.12 per cent, to $44.17 on 5.5 million shares.Toronto-Dominion Bank (TSX:TD). Bank. Up 43 cents, or 0.60 per cent, to $71.67 on 4.3 million shares.Titan Medical Inc. (TSX:TMD). Healthcare. Down four cents, 11.76 per cent, to 30 cents on 4.2 million shares.Companies reporting major news:BlackBerry Ltd. (TSX:BB). Wireless communications. Down 31 cents, or 2.18 per cent, to $13.90 on 3.5 million shares. The Ontario-based security software company says it expects to begin trading on the New York Stock Exchange on Oct. 16 under the ticker symbol “BB.” CEO John Chen says the partnership with the NYSE will further raise BlackBerry’s profile and strengthen its BlackBerry Secure brand.Home Capital Group Inc. (TSX:HCG). Financial Services. Up 15 cents, or 1.07 per cent, to $14.12 on 528,426 shares. Two more executives have left the Toronto-based alternative lender, with one being replaced and another’s position eliminated. The company says Pino Decina, executive vice-president of residential lending, and Chris Whyte, executive vice-president and chief operating officer, have departed from their roles at the organization. Edward Karthaus, whose was previously with D+H and Filogix LP, will replace Decina on Oct. 10.
Oct. 21, 1973Sun1 (WS Game 7)1235 NUMBER OF GAMES Oct. 30, 2016Sun1 (WS Game 5)1178 Nov. 1, 2010Mon1 (WS Game 5)133 Oct. 17, 1971Sun1 (WS Game 7)1236 Oct. 12, 1980Sun1 (NLCS Game 5)1348 Nov. 1, 2009Sun1 (WS Game 4)1274 Oct. 27, 1985Sun1 (WS Game 7)1315 Oct. 14, 1973Sun1 (WS Game 2)1235 Another sports equinox is in the booksDates on which all four major U.S. sports leagues (MLB, NBA, NFL and NHL) had at least one game Oct. 14, 1979Sun1 (WS Game 5)1337 With nine NHL games, three NBA games, an NFL game and an MLB playoff game — made possible by the Chicago Cubs’ victory in Game 4 of the NLCS on Wednesday — Thursday is your (first) sports equinox of 2017.What’s a sports equinox? As my former colleague Reuben Fischer-Baum wrote on a couple of occasions, it’s when all four major U.S. sports leagues — the NFL, NBA, NHL and MLB — play at least one game on the same day. Historically speaking, it doesn’t happen often. There have only been 17 sports equinoxes in history, including Thursday: Oct. 19, 1980Sun1 (WS Game 5)1336 DATEDAYMLBNFLNBANHL Oct. 15, 1978Sun1 (WS Game 5)1355 Oct. 15, 1972Sun1 (WS Game 2)1236 Oct. 22, 1972Sun1 (WS Game 7)1235 Nov. 2, 2009Mon1 (WS Game 5)153 Nov. 1, 2015Sun1 (WS Game 5)1275 Amazingly, there was a 15-year period without a single sports equinox, between 1985 and 2001. And after 2001, seven more years passed without it happening. But sports equinoxes have occurred much more frequently in recent years — six have happened in the nine years since 2008. They might become even more common in the future, thanks to Thursday-night NFL becoming a fixture, the World Series often running later than usual, and a new NBA scheduling policy this season that moved the season’s opening night up by a week and a half.If the Cubs can force Game 7 in the NLCS, Sunday will be another sports equinox. As will Oct. 29, if Game 5 of the World Series takes place. But even if those do happen, Thursday’s equinox will be the only one this season with the added bonus of college football — there are two FBS games tonight, including No. 25-ranked Memphis at Houston (A “Super Equinox”?). Good luck finding enough screens to watch it all! Oct. 19, 2017Thu1 (NLCS Game 5)139 Nov. 4, 2001Sun1 (WS Game 7)1374
sara.ziegler (Sara Ziegler, assistant sports editor): The NFL’s 2018 regular season is finally in the books. Before the playoffs get rolling, let’s look back on an interesting Week 17 and preview next weekend’s wild-card round. We’ll end with giving our Super Bowl predictions again, just to keep us honest.Salfino (Michael Salfino, contributor): I will have to revise my Saints-Steelers Super Bowl pick.sara.ziegler: LOLThe AFC had all the drama yesterday, so let’s start with the Ravens/Steelers/Colts/Titans business.neil (Neil Paine, senior sportswriter): I was very much hoping for that Colts-Titans tie. But alas.sara.ziegler: If the NFL were scripted, we would have ended the regular season on a tie.neil: Particularly this of all regular seasons.Salfino: What’s interesting to me about the Ravens is that teams are not punishing Lamar Jackson for running.joshua.hermsmeyer (Josh Hermsmeyer, NFL analyst): I’m unclear on why teams don’t force Jackson to beat them with his arm as well. It’s worked in the past against other highly mobile QBs, and there seems to be no great reason why it won’t work again.neil: That’s part of what makes the Ravens so interesting, that their second-half playoff push basically coincided with the QB change and this rush-heavy identity that seems so different in a league that set new records for passing in 2018.Salfino: Yes, the Ravens and the Chiefs are the offenses you really can’t prepare for in a week, IMO. I have no idea how a team can prepare for Jackson in one week. But LAC at least just faced him. Is that advantage Chargers? To me this is the most interesting game of the wild-card round.sara.ziegler: The Ravens nearly let Sunday’s game slip away, though.Salfino: The problem is that it’s so hard to stay disciplined and not chase him. Defenses are taught to be aggressive.Jackson allows the offense to play 11 on 11, and all of defense is predicated on the defense playing 11 on 10.joshua.hermsmeyer: Also strange is that we can make legit comps between Jackson and Josh Allen. Bill Belichick kept Allen in the pocket during Week 16 knowing the main danger he poses is from his legs. And New England won.Salfino: Yes, the Patriots are just taught to be super disciplined so they can counter that probably better than most teams.sara.ziegler: Did the Browns figure that out a little bit too against Jackson? The Ravens rushed for 8.5 yards per carry in the first half and just 4.5 in the second.Salfino: Maybe as the game wore on, but by then the damage was done. The Browns were just getting gashed. The Ravens were running on 3rd-and-long and converting. It was like a college game — old-school college before the passing explosion.joshua.hermsmeyer: Credit as well to the play-calling, I think. It’s a very creative scheme the Ravens are rolling out.Salfino: Is the Ravens defense overrated? Where are the blue chip players? They are just coached so well. Wink Martindale should get interviews.neil: And Jackson’s own speed is really something to behold. On that first TD Jackson scored, it looked like he was shot out of a cannon.Salfino: Jackson also looked like he was playing at video game speed even on the shorter second TD run. He just darted into the end zone like everyone was standing still.I think the Ravens offense is underrated and their defense is overrated.sara.ziegler: In the other afternoon AFC game of note, the Steelers came out incredibly flat before rallying for the win, which wasn’t quite enough.neil: Pittsburgh’s season will go down as one of the all-time collapses, I think?Salfino: The Steelers have to be the most disappointing team in recent memory. They were top 10 in all the key defensive stats except interception percentage — which is fluky, but man that killed them. They have Ben Roethlisberger throwing for 5,000 yards, two All-Pro WRs, and the running game was fine. Yet they just blew one game after the other.joshua.hermsmeyer: Antonio Brown has been inefficient this year, but he was missed.Salfino: The Steelers were sixth in yards per play and sixth in yards allowed per play and didn’t make the playoffs. This is almost impossible. I thought it was impossible.neil: After Week 11, we gave them a 97 percent chance of making the playoffs.sara.ziegler: I was surprised all season that they were as high in Elo as they were.Salfino: Being third in sack rate and 28th in interception rate defies conventional wisdom that pressure creates turnovers. Maybe PIT was super unlucky, too.sara.ziegler: They reeled off six wins in a row, but they never looked dominant.neil: Some of that was probably residual, Sara, from last year, when they had Le’Veon Bell, etc. But the narrative all first half was how they didn’t need Bell.sara.ziegler: Yeah, and James Conner filled in well for them!Salfino: Is MIN more disappointing than PIT? This is going to be a brutal offseason for Kirk Cousins. No player in memory is going to be under more pressure than he will be next year.neil: This is a fraught question for Sara ….sara.ziegler: I can’t even talk about it.neil: Yep.sara.ziegler: Well, Mike, we all know how well Cousins does with pressure.neil: 😬Salfino: I really thought Cousins was a franchise QB. He did pretty well with just garbage offensive talent in 2017 in WAS, and this year he just never really could get it going. He played so tight.neil: Sunday was sort of symbolic of the whole 2018 Vikings.They controlled their destiny at home (granted against the Bears).Cousins goes 4-for-11 for 2.1 yards per attempt and two sacks on third and fourth down.Terrible overall performance.Salfino: It seemed like Cousins averaged about a yard per attempt. If I were the coach of the Vikings, I’d tell him to take chances and not care about INTs. They’re overrated.neil: The Minnesota defense was uncharacteristically bad on third down, too. Allowed 57 percent conversions after giving up only 28 percent all season before Sunday.sara.ziegler: sara.ziegler: 🤣Salfino: I think the Bears just crush the Eagles. This spread is all Foles-narrative-driven, and I don’t believe in fairy tales.sara.ziegler: Wow, Mike.LOLneil: Anybody picking the Eagles probably does have visions of this being yet another Bears team that got into the playoffs on defense with a weak QB performanceAnd promptly lost. But that’s not really this team. Trubisky has been progressing.(The defense is still amazing, of course)joshua.hermsmeyer: You can dink and dunk on Chicago. This will be the defining image of the season for me.Salfino: Cousins showing Thielen how to run routes was both hilarious and sad.joshua.hermsmeyer: One silver lining for the Vikings is that the situational football we typically use to judge Cousins as a disappointment is among the least predictive of future performance in all of football: throws under pressure, third-down conversions. Kirk deserves his share of the blame, but the entire offense looked out of sync yesterday and for a lot of the second half of the season.sara.ziegler: Cousins has his redemption narrative all set for next season, LOL.Salfino: The Eagles benefit from the Vikings’ struggles. I can’t believe that the Bears are only 6-point favorites.neil: Particularly with Nick Foles not necessarily 100 percent.sara.ziegler: The Eagles don’t even need Foles, Neil!neil: Carson Wentz? Nick Foles? Nate Sudfeld? No problem.sara.ziegler: Well … Wentz? Some problems.Everyone else? Fine.neil: Philly was always a backup QB’s dream city during the McNabb era. Some of that has carried over, I guess.Salfino: Foles has got to be the most volatile QB in NFL history. We should quantify that. He’s below average for his career and is treated like a franchise QB based on about 16 games, if we include all of 2013.neil: Yeah, the gap between his best 16 and worst 16 starts has to be one of the biggest ever.Salfino: I can’t even imagine the Bears losing to the Eagles. They are just going to chew Philly up. The Eagles’ best playmaker is still 100-year-old Darren Sproles, who is amazing, but come on.joshua.hermsmeyer: I can’t think of Foles without wincing that he lost $1 million because of four snaps.This is just brutal.sara.ziegler: Ooof.Salfino: Foles is going to get $100 million in about three months, so I will not feel sorry for him.joshua.hermsmeyer: hahsara.ziegler: LOLThe one other meaningful game yesterday — aside from the games that cost coaches their jobs — was Colts-Titans. Anyone surprised that the Colts dominated that one?neil: I mean, Blaine Gabbert was starting for Tennessee, Sarasara.ziegler: FairSalfino: Titans-Colts is QB wins to me. Luck vs. Gabbert. Come on. Murder. She. Wrote.joshua.hermsmeyer: Oh gawd not QB WinzSalfino: YES!!!Give me the better QB, and I’ll take my chances.joshua.hermsmeyer: smhMarlon Mack outrushed Derrick Henry, so why not RB winz?Salfino: No RB winz because winning yards per carry gets you nothing in win probability.Josh, you and I agree broadly but just quibble about how much credit quarterbacks get in the passing game.joshua.hermsmeyer: This is true.neil: Either way, it’s been great to see Andrew Luck bounce back from the injury and lost season to play well and lead a playoff push.sara.ziegler: I’m still amazed by the Colts’ turnaround.They were at 4 percent to make the playoffs on Oct. 15.Salfino: Luck should be in the MVP conversation. I understand it’s Patrick Mahomes. But Luck has done a lot with a lot less than Mahomes. Luck does seemingly have great coaching now though. Frank Reich, who the Colts backed into, was the hire of the offseason. I think better than Matt Nagy even.joshua.hermsmeyer: Luck truly played himself back into game shape. Early on, his throws were routinely Derek Carr short, and by the end of the season he was mostly back to the old Luck.sara.ziegler: So let’s turn to this weekend’s games.Colts-Texans and Seahawks-Cowboys on Saturday, Chargers-Ravens and Eagles-Bears on Sunday.Which underdog has the best chance?neil: Three of the 4 underdogs are +2.5 per Vegas.Salfino: Colts-Texans is the game of the week to me in terms of having no idea who will win. The Texans are a strange team with great strengths (QB, pass rush) and crippling weaknesses (offensive line, pass coverage).On paper, the Colts are a terrible matchup for the Texans because Luck led the league in lowest sack rate as he completely transformed his game to protect his health. So smart.neil: Indy also also beat Houston in Houston less than a month ago.Salfino: I am going to fade the Seahawks: 25th in yards allowed per play and 31st in sack rate allowed. That’s so bad. I can’t believe they even made the playoffs.neil: Ironically, our Elo gives Seattle the best chance of any wild card weekend team. 😉Elo has a tendency to react strongly to recent hot streaks, for better or worse.Seattle has won six of its past seven, including a win over Kansas City.Salfino: If you have Russell Wilson, anything is possible. I will stipulate.joshua.hermsmeyer: I like Seattle for my part. Turnovers are wildly unpredictable, and that drove their defensive Defense-adjusted Value Over Average for much of the season, but they are built to win close games like this one where both teams appear to want to “establish the run.”Salfino: The football story of the week when it comes to the chess aspect of the game and coaching is whether the Chargers having experienced the Ravens offense can now shut it down. But they don’t really do much on defense except play that Seattle, straight-up style. So do they even have a bag of tricks?sara.ziegler: Seems strange to me that the Ravens are favorites over the Chargers.Baltimore is hot right now, but L.A. has been solid all season.Salfino: Well, Baltimore has had the best home-field advantage in football when you factor in road vs. home record. So LAC are up against it.neil: Never underestimate the extra value of home-field advantage in the NFL playoffs, too.sara.ziegler: Yeah, that all makes sense.I still like the Chargers. I’m being obstinate, LOL.neil: Well, this is a little bit of a counter to the QB Winz debate from above. L.A. clearly has the better QB.joshua.hermsmeyer: I like Philip Rivers and the Chargers as well. Particularly if the Chargers keep Jackson in the pocket.Salfino: No Super Bowl team has won a road game since the 2012 season. But I’ll say that the most likely road winners this week in order are the Colts (they win), Chargers (I can see it but don’t think they adjust defensively), Seattle (Wilson gives them a chance) and Eagles (no chance unless Mitch Trubisky craps the bed).sara.ziegler: 🔥joshua.hermsmeyer: The Baltimore defense prevents completions, that’s their best skill. But Rivers has completed passes at 1.8 percent over expected this season.Salfino: New England really gets tested if the Colts win. (They would have to play the winner of Baltimore-LAC.) If the Texans win, Houston is just made for an easy Patriots victory in the divisional round.Little worried about how Rivers has looked of late. But probably just random variance. There’s not much data on QBs this old late in the season and into the postseason other than Brady.sara.ziegler: I’m worried about how Rivers looks, too — at least in this Mina Kimes drawing: joshua.hermsmeyer: looolneil: That’s still accurate.I loved that segment on NFL Countdown Sunday, where they talked about Rivers’ trash talk. Which somehow never includes swearing.sara.ziegler: I’ve always really liked him. A perfect fantasy football QB.Salfino: Philip Rivers is great. A Hall-of-Famer IMO. But unbelievably he has as many career playoff wins as Mark Sanchez. He needs more pelts on the wall.sara.ziegler: Very fair.Is anyone taking the Eagles over the Bears?neil: I recuse myself.LOLsara.ziegler: Wait, we can’t make predictions about our favorite teams?I’ve literally been picking the Vikings to lose all season.neil: I gotta hand it to you, those were accurate predictions.sara.ziegler: LOLneil: As opposed to this one: Salfino: Remember, Foles was LUCKY to beat the Falcons last year. He had a ball go off a Falcon’s knee, or they probably lose that game. Then he turned into Cinderella, and I have no idea how or why.sara.ziegler: He did get to face the Vikings last year — that undoubtedly helped.joshua.hermsmeyer: If Foles can be efficient and healthy, and the Eagles are patient, I can totally imagine a game where Biscuit implodes and the Eagles move on. I think the spread has some of that in it.Salfino: I do not believe in the Eagles defense at all. But I also don’t like how Nagy hasn’t given Tarik Cohen consistently more touches than Jordan Howard. And the Bears are all banged up now at WR.I agree with Josh on Trubisky, but the Bears and Nagy can’t put him in a position to lose that game. The Eagles have no playmakers. Dare them to score.sara.ziegler: Yeah, it could be closer than it seems. Of course, if Foles can’t play, then the Eagles will REALLY need a fairy tale.All right, let’s wrap this up with our Super Bowl predictions, so we can continue to look ridiculous when our picks all lose.Salfino: I’m going Saints-Chiefs, but that’s predicated on the Colts beating the Texans and giving the Patriots a nightmare matchup in the divisional round. It’s so public to fade the Chiefs that I’m fading the public. Offense!Mahomes wins MVP and Brees wins Super Bowl MVP. Seems fair.neil: I’ve been saying New Orleans over K.C. for these past few chats, and that’s still possible, so I’m sticking with it. (Despite the defensive concerns!)sara.ziegler: I took the Bears last time, and now having watched them flatten my own team, I probably need to keep them. Bears-Chiefs, Chiefs take it down.joshua.hermsmeyer: Chiefs-Rams rematch, Chiefs win. Because that would be the best ending to the best offensive season in the NFL probably ever.neil: What’s the score on that one, Josh? Is it the first Super Bowl whose score will be mistaken for an Arena Bowl?joshua.hermsmeyer: 36-35 with the game decided on a 2-point conversion.neil: Ooh, going low. I like it.Check out our latest NFL predictions.