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Katherine DeClerq

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Who will win Toronto’s votes?

Monday saw a battle to woo voters, with representatives from both the Conservative and Liberal Party of Ontario in Toronto to discuss their plans for housing and transit in the city.

After receiving little support in the provincial budget last week, Mayor John Tory sat down with Conservative Party Leader Patrick Brown Monday morning to discuss funding for social housing and SmartTrack.

The meeting itself was behind closed doors, but the media was given a press release following the exchange indicating PC promises to Toronto if elected into power in 2018. This included allowing Toronto Community Housing to purchase natural gas independently instead of bulk buying from the Housing Services Corporation. The idea is that TCHC will be able to save money be negotiating better prices on natural gas. The city estimates savings of about $6.3 million.

Other inclusions in the PC plan: financial support of the Scarborough subway (actual contribution unknown), supporting TTC fares on SmartTrack RER, and pledged to intervene so that Bombardier trains for the Eglinton Crosstown arrive on time.

The Yonge Relief Line, the project every transit and city building agency has indicated as its priority, was not mentioned in the statement. There was also no mention of allowing municipal sources of revenue such as tolls and short-term accommodation taxes — which makes sense considering Brown made it clear during the budget lockup that the Conservative Party was against both sources of revenue.

At the same time this statement was released, the Minister of Transportation Steven Del Duca took questions from reporters in Etobicoke. In it, he re-stated that the Ontario Liberals are big supporters of Toronto and “no one was invested more than them” in the city.

The Liberal Party has only promised $105 million for the planning of the relief line.

Honestly, at this moment in time, it doesn’t seem like Toronto will win with either party. There is still no promise for further funding for social housing or important transit initiatives like the relief line — two things that are critical to the growth and survival of Toronto.

I wonder if the mayor is planning on speaking with the New Democratic Party to find out their views? During the budget lockup, NDP leader Andrea Horwath said she was committed “to a 50 per cent funding agreement along with its municipal partners” to help in operating costs for transit. It would be interesting to see what her commitment was to Golden Horseshoe Area.

It’s the perfect time to light a fire under Queen’s Park for more transit and housing — and Tory knows it. It’s about negotiating the best deal as soon as possible, because it’s all about the votes at the end of the day.

What the 2017 Ontario budget is really saying

Thursday, the Ontario Liberal government released their 2017 budget and it was full of fun tidbits for families and seniors. Free prescription medicine for people under the age of 25, more child care spaces, and a discount on hydro bills — all seem to be a bit of a big giveaway considering this is a “balanced budget”.

The balanced budget, while claiming to be the first in a decade, still has an outstanding total debt of $332.4 billion. The Liberals are entrusting a lot of their financial success on the economy, or rather the fact that the GDP has increased over the last year. If the GDP drops on the next two years, and if the government doesn’t come up with new forms of revenue, there is little hope that a balanced budget will be maintained.

It was pretty obvious what the government was trying to do. This close to an election period, the Ontario Liberals are trying to woe back their core. The party has been doing poorly in the polls, and support for Premier Kathleen Wynne has plummeted. This budget was their last attempt to prove they are helping Ontario residents.

While there were some good things in the budget (it would be foolish to claim it was all bad), I have some big criticisms. The first is the new OHIP Plus. I love that it includes birth control, as most benefit plans don’t and it is a large expense for women. The program, which offers free prescription medications for children and young adults ages 24 and under, is the first of its kind in Canada. It’s an impressive program, but surprisingly the price tag was left out of the 294-page budget. The cost is about $465 million per year if you were wondering.

I also want to bring up the fact that OHIP Plus, while a good first step, doesn’t help a lot of people that desperately need health benefits. For example, most children are covered under their parent’s work plans, and when they go to university, they are offered decently priced and extensive coverage as part of their tuition. It’s the people 24-30 that need a plan like OHIP Plus — people who are stuck unemployed or working contract positions with no benefits and no money to purchase a private plan of their own.

It’s also important to note the New Democratic Party came out with a universal pharmacare program weeks before the budget was released that would have offered all Ontario residents certain free prescription medications. At time of publication, it’s unknown whether birth control would have been included in that plan.

While seniors received a public transit tax credit and low-income students received free tuition, there was one area in particular where the government was lacking support — transportation and infrastructure.

Toronto, in particular, was given just enough to appease the Mayor. The city got its short-term accommodation levy, but there was no extra money to be found to help fund transit projects or social housing. The province is instead touting past commitments to public infrastructure, including $190 billion over 13 years. This year, the province is only dedicating $56 billion to pre-existing projects or projects that are near completion. This includes GO RER, the Eglinton Crosstown, Hamilton Rapid Transit, and the Mississauga Transitway.

There was nothing but a small mention of “support” for the downtown relief line, despite Mayor John Tory’s insistence that the province contribute 40 per cent of the cost of the project.

The province also didn’t allot a lot of money for social housing, choosing instead to support retrofits on pre-existing affordable units. There is $2 billion earmarked for housing in the 2017 budget, but it’s meant to be spent in the next three years on a mixture of affordable housing projects, social housing, and anti-homelessness measures. There was no dedicated money for Toronto Community Housing, which is on its way to close 400 units over the next year.

All of this is a serious blow to Toronto, which is trying to grow in a sustainable way.

“Earlier this year, after the province refused to allow the City of Toronto the ability to raise funds for its own infrastructure priorities and ease the pressures our residents face, I made my expectations clear,” Tory said in a statement released after the budget.

“But the clarity that Toronto requires for its pressing social housing and transit needs has not been delivered today. The provincial government appears to have missed an opportunity to partner in the historic investments made by the federal government in much needed future transit expansion and repairs to our vital social housing.”

It’s clear the province isn’t looking to make friends with municipalities in this budget. Instead, the Ontario Liberals are going directly to the voters and pleading for their support, throwing out phrases like “balanced budget”, “promises” and “we can’t put a price tag on our children.”

Will this strategy work? What do you think?

To see more about the 2017 budget, go here.

2017 budget highlights include health care, no new transit

Thursday, the Ontario Liberal government put forward the first balanced budget in the last decade.

“This budget is fiscally responsible,” Ontario Minister of Finance Charles Sousa said to reporters in budget lockup, prior to the Throne Speech. “Balancing the budget allows us to make these important investments — investments that have real meaningful impacts in people’s lives.”

The 2017 Ontario Budget, entitled A Stronger, Healthier Ontario, is meant to spearhead a balanced budget for the next three years. The document focuses greatly on health care and education, while investing less in infrastructure and transit. There are some special tidbits for families, including a 35 per cent reduction on hydro bills for eligible households, free prescription medication for children and young adults, and funding for work-related opportunities through a new Career Kick-Start Strategy.

Sousa was adamant the budget did not have anything to do with the impending provincial election.

“Our message for the people of Ontario is that we, together, have balanced the budget, have taken the precautions of assumed growth, and now we are taking the necessary steps moving forward,” he said. “We want to be competitive long term. These decisions we make today are not based on election times. They are based on long-term benefit for the people of Ontario.”

It’s important to note that despite the balanced budget, there still exists a projected total debt of $332.4 billion as of March 31, 2017.

Here are some of the highlights from the 2017 provincial budget:

Health care

The biggest announcements in the 2017 Ontario Budget was the Child and Youth Pharmacare benefit program, which will provide free prescription medications for everyone ages 24 and under — also called OHIP Plus. The coverage includes rare disease medications, cancer drugs, medication for diabetes, asthma, mental health, HIV, and birth control. The new OHIP program will be effective as of Jan. 1, 2018.

The cost of this program, which was left out of the budgetary documents and press releases, is $465 million annually.

Ontario will also expand access to safe abortion by providing publicly funding the new abortion pill Mifegymiso.

Other investments include:

  • $9 billion over 10 years to support construction of new “hospital projects” across the province
  • $518 million to provide a three per cent to help decrease wait times and maintain elective surgeries, among other hospital services.
  • $15 million for primary care and OHIP-funded non-physician specialized health services
  • $74 million over three years for mental health services, including supportive housing units and structures psychotherapy

Transportation

The provincial government, while making significant investments in health care and education, chose to maintain investments on pre-existing projects rather then provide new funding for further transit networks like the downtown relief line.

In addition to the province’s continual $190 billion investment over a 13-year period, which started in 2014, Ontario is investing an additional $56 billion in public transportation for the GO Network and other pre-existing infrastructure projects like the Eglinton Crosstown, Hamilton Rapid Transit, and the Mississauga Transitway.

The budget indicates the province will continue to “support for the planning of the Downtown Relief Line in Toronto”, but no further funding was made available. Currently, Ontario has offered $150 million for the planning of this integral transit project.

Instead, the province is standing firm in their contributions via the gas tax program, which promises to double the municipal shares from two to four cents per litre by 2021.

Other transit projects receiving funding include:

  • $1 billion for the second stage of the Ottawa LRT
  • $43 million for proposed transit hub in downtown Kitchener, which will connect to GO and Via Rail.

Housing

The province introduced their Fair Housing Plan, which is meant to help increase affordability for buyers and renters. The cost of housing has increased up to 33.2 per cent since 2016. Ontario has proposed a non-resident speculation tax to help cool the market. This will be a 15 per cent tax on the price of homes for non-Canadians, non-permanent residents, and foreign corporations. If passed, this tax would be effective as of April 21, 2017. Ontario has also committed to improving rent control in Ontario to include units occupied on or after Nov. 1, 1991.

Toronto Mayor John Tory may not have been given the right to toll the DVP and Gardiner Expressway, but the provincial government has permitted the city to implement a levy on “transient accommodations”. This will allow Toronto to tax hotels and short-term accommodations in order to generate much-needed revenue for infrastructure in the city.

The authority to implement such a tax will also be extended to all “single-tier and lower-tier municipalities”, with the understanding that 50 per cent of the funds accumulated from the levy be given to the municipality’s regional tourism organization.

An amendment to the City of Toronto Act will have to be approved before such a levy becomes a reality.

Other investments include:

  • $200 million over three years to improve access for up to 6,000 families and individuals to housing assistance and services
  • $125 million over five years for multi-residential rebates to help encourage development
  • $70-100 million for a pilot project throughout GTHA to leverage land assets to build affordable housing
  • Proposed amendment of legislation that would grant Toronto authority to add a levy to property tax on vacant homes.
  • Frozen municipal property taxes for multi-residential properties where taxes are high

Child Care

Ontario will support an access to licensed childcare for an additional 24,000 children ages four and under. The $200 million in funding allotted to this project for 2017-18 includes a mix of subsidies and the creation of physical spaces for childcare.

In fall of 2016, Ontario spent $65.5 million to create 3,400 licensed childcare spaces.

Climate Change

This year’s budget didn’t put as much of an emphasis on the province’s environmental efforts. Through the cap and trade program, the government has accumulated $472 million in funding that must be re-invested into programs that will reduce greenhouse gas emissions. This specific funding was from Ontario’s first carbon auction in March.

Through these auctions, Ontario expects to raise $1.8 billion in 2017-18 and then $1.4 billion annually following that year. Examples of where this money can be spent include promoting electric vehicles, modernizing transit, preserving lands, enhancing research, and Green Investment Fund initiatives.

Other investments include:

  • $377 million through the Green Ontario Fund to make it easier for households and businesses to adopt proven low-carbon technologies.
  • $200 million in funding for schools to improve energy efficiency and install renewable energy technologies
  • $85 million to support additional retrofits in social housing
  • $50 million in commuter cycling infrastructure like cycling lanes and barriers
  • $22 million in electric vehicle charging infrastructure

 

More to come.

Saudi Arabia elected to UN Commission on the Status of Women

It’s no joke.

Saudi Arabia has been elected to the United Nations Commission on the Status of Women.

Again, this is not a joke.

Agencies around the world are criticizing the UN’s decision, for obvious reasons. Saudi Arabia, a country where women are subjects of male family members; where women must adhere to strict dress codes and are prohibited from driving; where women cannot interact with men they are not related to for fear of being beaten, imprisoned in their own home, and sometimes even killed, is now being celebrated as one of the 44 countries elected to the Commission on the Status of Women last week. To be clear, this commission has the following goals: “promoting women’s rights, documenting the reality of women’s lives throughout the world, and shaping global standards on gender equality and the empowerment of women.”

According to UN Watch’s executive director, Hillel Neuer, “Electing Saudi Arabia to protect women’s rights is like making an arsonist into the town fire chief.”

Saudi Arabia has been adamantly trying to change the world’s perception of their gendered laws. In March, the country held its first women’s empowerment conference. It was led by Princess Lamia bint Majed al Saud, who insists that women in her country are misunderstood and that Saudi Arabia has made significant progress in respect to breaking down gender barriers. A Girls Council, which is meant to promote the welfare of girls and women in Saudi Arabia” was established in March as well. It was being led by 13 men. The Princess is the chair of the council, but could not appear at the launch due to gender laws. She and other women were video-conferenced in.

While it may be true that some (and I stress some) progress has been made, it doesn’t make up for the violence Saudi women face on a daily basis. It doesn’t make up for the fact that Saudi Arabia is ranked 134 out of 145 countries for gender parity in 2015. And it absolutely doesn’t make up for the lack of rights and freedoms these women enjoy (or rather don’t).

And yet, Saudi Arabia is now representing the rights and empowerment of women worldwide. Is anyone else having a problem following this decision?

I’m not sure what the UN was thinking, but this isn’t the first time the United Nations Commission for the Status of Women has screwed up. Last year, they tried to name a fictional character as their ambassador. Because that’s all women need — to aspire to be something that isn’t real and to follow the example of a misogynist state.

Well done.

What’s the deal with the unicorn trend?

Google “unicorn” and hundreds of thousands of things will pop up. Everything from the trendy Starbucks frappucchino to brightly coloured hairstyles. It’s verging on the ridiculous and I, for one, don’t really understand the appeal.

What’s with this obsession with unicorns? First of all, in most lore, unicorns are majestic and rare creatures. They have a pearly white skin tone and a long, luscious mane. Most mythology attributes the unicorn as a symbol of purity. In these stories (and throughout modern film), the unicorn becomes a metaphor for magic and uniqueness. A person is described as a unicorn if their personality is quirky and different from those of their peers — a rarity among a society of conforming sheep.

Unicorn: unique, rare, mysterious, and impossible to find.

And yet, here we are in 2017, quite literally mass producing this idea. If there was a need to re-define irony, it would be called “the unicorn.” We have icy cold drinks, hairstyles, makeup lines, clothing, movies, and television shows. There are books, comics, phone cases, water bottles, and even nail art!

Now, I’m not saying we should ban the unicorn. Quite the opposite! As children, fantasizing about mythical and magical creatures is a big part of growing up. I think young adults should constantly be questioning reality and searching for the impossible. I also like the idea of using a unicorn to represent individuality. Young people are constantly searching for something to relate to, something to symbolize them! Using a unicorn as a blanket representation for individual thought and uniqueness is fine, but, the unicorn of 2017 is doesn’t quite measure up.

This unicorn, the one that is trending all over the Internet, is a mad concoction of cartoonish pink and blue. It’s not majestic or pure or rare — it’s just everywhere! The unicorn has become a fad, consumed for high-prices and Instagram likes. It’s become the theme of athletic races and a weird trend during concerts. It’s no longer about originality. It’s no longer about fantastical creatures and adventures. It’s no longer about standing out in a crowd.

It’s about money and social media fame.

The Starbucks unicorn frappucchino was the latest insane venture from the unicorn fan club. Admittedly, I did not purchase one, but was curious enough to ask a few friends what it tastes like. The verdict? It was supposed to taste like mango and blue raspberry, but instead tasted a bit like expired birthday cake. Not terrible, but not delicious either. I don’t regret not purchasing one, even if my description for this article is a bit lax. Most people didn’t enjoy it a whole lot, but they took lots of selfies with it. It looked cool! And it was “unicorn-themed” — so they bought it. Now that the limited-time drink is gone (all the baristas are saying ‘thank god’), I think it’s time to remind the public about the original unicorn. The one that didn’t look like a clown threw up.

Can we all just admit that it’s okay to be different. It’s okay to be a unicorn among a crowd. And we don’t need a specialized drink, hairstyle, or nail polish to believe it?

 

What do you think of the unicorn fad? Have you tried the frozen treat? Let us know in the comments below!

Recipe: overnight oats with banana

I’m a big fan of this easy and simply overnight breakfast recipe. Just dump all ingredients in a jar, shake, put it in the refrigerator overnight, and then grab-and-go. It’s perfect for those who are super busy or just don’t want to have to deal with complicated breakfasts in the early hours of the morn. It’s also quite a refreshing post-workout breakfast for those who like to get up before dawn for a run.

 Ingredients

¼ cup of oats

½ almond or coconut milk

1 tbsp chia seeds

½ tsp of cinnamon

½ tbls of honey or agave

Banana or other fruit cut up into bite-sized pieces

Put all ingredients in a regular sized jam jar. Add fruit or nuts to taste. And then shake, shake shake! Maybe even dance around the kitchen a bit.

Put the jar in refrigerator over night.

It’s that simple! This breakfast is nutritious, full of fibre, and really tasty! You can heat up the oats in a microwave or it cold. Personally, I don’t mind it cold, especially if I add in some fresh fruit as opposed to frozen.

My suggestion would be to include half a banana (cut into small pieces) to help bind and fill up the spaces between oats. Add blueberries for a particularly refreshing taste. Other options include walnuts, apples, and mango for a Caribbean flavour.

Note: if you don’t enjoy the texture of oatmeal, you may not like this overnight recipe. Instead, why not try mixing chia seeds with milk, cocoa powder, and honey overnight to make a pudding!

Woman of the Week: Lisa Martin

Lisa Martin is a testament to perseverance. After facing a hostile takeover of her business and a serious health scare, she returned with force, rebuilding and rebranding her business with immense success.

“When you think your worst nightmare has hit you — it can sometimes prove to be a blessing in disguise,” she said.

Martin is the co-founder and CEO of Hear for Life, a healthcare network that provides diagnosis and preventative hearing services throughout Ontario, including hearing tests, evaluations, hearing aids, and rehabilitative counselling.

It all started with Martin’s sister, Rhonda, who is in the hearing healthcare field and decided to open up a clinic in 1988. As Martin puts it, her sister is the “heart and the hand” of Hear for Life. She takes care of the patients while Martin takes care of the business operations.

In 2013, the company had what Martin calls a near-death experience.  According to Martin, their business associate abruptly and without warning gave away their licence to a competitor, with the support of a supplier. Martin lost everything — their telephone numbers, their locations, their website, but most of all, their money.  They lost about $14 million overnight and were given three months to leave the premises.

“They just gave away my licence agreement [to a competitor] – which is everything. It is where we built our business, housed our clinics,” Martin said. “Lots of my suppliers turned their back on me. They weren’t sure if I was able to make it.”

The worst part of this transition was the confusion. Most of Martin’s patients were seniors in their 70s, 80s, and 90s, and all of a sudden the clinic they visited was no longer the same.

“[Our employees] spent a year phoning people telling people we moved, sending letters with pictures of staff to remind patients who they are. That took, I would say, five to 10 different mail outs and thousands of phone calls to the patients. We even did robocalls to hit everyone, to remind them we have their file – because we owned all the patient files.”

It took Martin and her sister two years to stabilize the company in different locations. By the third year, they had managed to re-brand and recapture the values they held when they first opened the clinics.

“We managed working with our own brand and we were able to capture a whole bunch of new business. But, in the third year there was a little hiccup,” Martin said. That hiccup: she was diagnosed with colon cancer and had to undergo seven months of chemotherapy following a surgery.

Martin should have had a routine colonoscopy in 2013, but she waited three years until the turmoil with the company was over. During the transition, she was hardly sleeping and was plagued with anxiety. She didn’t want to bother with routine medical examinations.

“You can’t let your life get in the way of every of health issue and that means making sure you get screened when you need to get screened. Colon cancer — people don’t think they will get it.  If a girl like me — someone who eats organic, does world games championship-training, runs three times a week, can get it…I was fit, so how did this happen to me?”

“If you are 50, get a colonoscopy. No matter what — don’t miss it.”

But, with the help of her incredibly loyal employees, Martin was able to get better while still keeping her new business afloat.

Martin and her sister have now sold their new company, Hear for Life, and have retained their position and all their staff. “The company that acquired us is an amazing organization nation-wide. You get the same personalized boutique style care, but now we have the backing of a huge organization so people don’t have to worry about being here tomorrow. I get to continue in my role, and my sister continues to work. Nothing has changed except we were able to realize [the company’s] value and have our exit strategy.”

“The Hear for Life brand is here to stay,” she said proudly.

Martin hopes that once the new transition is done, she will be able to help the bigger company grow in the marketplace. She is considering writing a book about her plight with cancer, and she has been asked to do some public speaking events on business for women’s groups.

Martin continues to be active and is considering taking up hockey and running again for the first time since her chemotherapy.

 

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Is Ontario a ‘real funding partner’ for Toronto’s relief line?

The Yonge Relief Line may have a new alignment — and that decision couldn’t come soon enough. This alignment is one of the few remaining steps that need approval before city staff can push this much-needed project forward.

And this project NEEDS to move forward.

The relief line has been talked about on and off for the last decade, and yet, it is still nowhere near completion. Politics always got in the way. Since then, the original Yonge line (Line 1) has become more crowded. This has made commutes nearly unbearable during peak hours. It has effected ridership and forced more people to use their cars instead of taking public transportation.

While some question the need for a relief line, especially with SmartTrack on the table, city staff, the Toronto Transit Commission, and Metrolinx have all come together to label the relief line as a priority for Toronto’s new transit network. Without it, they say, congestion on the Yonge Line will not be alleviated.

The biggest problem with the relief line will be the funding. As Toronto Mayor John Tory said repeatedly at a series of press conferences on transit last week, without serious funding from provincial and federal partners, Toronto will be unable to grow its transit network.

The Ontario government promised in 2016 to provide $150 million in funds to the planning and design of the relief line. That number has not changed, despite the current cost projection of $6.8 billion for the relief line. This means that the provincial contribution won’t do anything other then fund a study or two.

It’s also why Tory has been campaigning and pushing the province for more. When the province dismissed Toronto’s attempt at raising funds through tolls, they effectively removed a significant form of revenue for the city. Without that money, Toronto has no choice but to make its residents pay for the transit network, no matter what the politicians say. That’s why Tory is asking the province to step up and become a “real partner” in their efforts to fund transit infrastructure. He wants the province and the federal government to each pay 40 per cent of the relief line.

The province has been hitting back, indicating they are a “stable provincial funding partner”, despite the lack of funding announcements. But Toronto residents are not falling for it — and that fact is already showing in the polls.

Taking away a revenue-generating tool like tolls without offering a solution is not leadership. Ignoring the needs of one of the biggest cities in the province is also not the way to get elected, despite what advisors may be whispering into the Premier’s ears. The Liberal government will find that out if they refuse Tory’s proposal of short-term hotel taxes as a revenue tool.

Back to the relief line: In May, the executive committee will debate the new alignment option down Carlaw Ave., between Gerrard St. and Eastern Ave., before sending the route to city council for approval.

At this moment, construction will begin in 2025.

What’s trending in spring fashion 2017

April showers bring May flowers — and funky, printed outfits. This year’s trends are all about merging your own wild personality with business professionalism. Light colours, flowing moveable materials, and off-the shoulder tops are popular in most retail outlets, but each one has an element that is work-appropriate. Perfect for those who crave the bohemian styles of the 60s while still wanting to impress their partners in the boardroom.

Unleash your inner creativity with these top five trends for spring 2017:

Florals: This spring, embrace the floral. Tops, pants, skirts, and dresses — colourful prints are making a comeback. The colours, the patterns, and the style are all very flowery and young. The key is to find a dress or shirt that doesn’t overwhelm. The dresses shown below, for example, are the perfect example of how florals can work without making a woman look like a young girl. Each one ties at the waist to give shape and the colour palettes are a little more natural, which is a nice reprieve from previous years where it was all about neon colours.

Zara, $68.90s

Jumpsuit: This piece never really went out of style, but it’s making a comeback in a big way. Most women feel like they can’t pull off a jumpsuit, but in fact, it’s flattering on almost everyone. Most jumpers have a drawstring that can be adjusted to your waist, so it can be as tight or as loose fitting as you are comfortable with. There are also a number of styles — there are some that are more professional (as pictured below) and other styles that are floral and fun! Try pairing it with a blazer and a pair of heels for a  business meeting or a pair of strapped-sandals and a chunky necklace for a walk on the town.

Additionelle, $118.00

Light shawls: Keep your blazer in the closet and instead throw on a light shawl or kimono. These are great for the workplace where the air conditioner or heater reigns supreme. There are so many styles to choose from, but remember the golden rule — if you wear a print tank top, make sure your shawl is a solid colour. The opposite is also true. One of the biggest trends is to have a tight fitted shirt and then a loose-fitting, printed shawl overtop, preferably with a funky patterned collar or sleeve.

Anthropologie, $258.00

Wide Leg Pants: These are the hippie version of the dress pant, but do you know what? They work! Most are really professional looking and pair wonderfully with a fitted top, a blazer, and sandals or a flat shoe. In addition to providing a more unique and independent fashion style to the boardroom, the wide leg pant is also a lot more comfortable in the summer.

Anthropologie, $98.0

Urban flat: This spring is all about being comfortable, yet stylish. This type of flat shoe is perfect to wear with jeans or dress pants, making it the ultimate accessory. The urban flat has a slight heel to help with ankle support, but not enough of one to cause actual pain while walking around the office or the streets of your home town all day. They also have just enough of a design to make them more chic.

Call It Spring, $44.00

 

What style are you looking forward to wearing this spring? Let us know win the comments below!

Woman of the Week: Jennifer Reynolds

Jennifer Reynolds, president and CEO of Women in Capital Markets (WCM), thinks there is an ingrained corporate and economic culture that is to blame for the lack of gender equality within the financial industry. The number of women in positions of power has stagnated, and in 2017, that isn’t a good thing.

“I think sometimes people aren’t aware that Canada has fallen behind in terms of women in senior roles, on boards for examples,” Reynolds said. “Our representation is 12 per cent. Europe has representation up to 30-40 per cent. We, as a country, have fallen really far behind.”

WCM is the largest network of professional women in the Canadian capital markets. This group of women try to educate younger generations in the finance industry to consider careers in capital markets and advocate for greater gender diversity on boards and senior management. The organization hosts over 80 events a year and leads a number of campaigns, both in-person and online.

Reynolds became involved with WCM in 2000 and started volunteering for the then-grassroots organization helping educate young high school girls about careers involving math. She also volunteered for the mentorship program.

“When I graduated in 1994, I thought our generation would be the one where women would have leadership roles in the economy,” she said.

Obviously, WCM had an influence on Reynolds because she remained an active member of the organization for 13 years before becoming the president and CEO. The organization is shaking things up a bit under Reynold’s leadership, trying not only educate young women as to the many opportunities in finance and capital markets, but also trying to involve men in the dialogue.

“Most of these initiatives was about women discussing diversity. It took us a long time to get here, but now we are getting there and we have to involve men in the discussion because they are in senior leadership roles and we need to have dialogue with them to encourage progress,” she said.  “We need to give them a voice and an opportunity to see what they can do personally.”

One of the WCM programs Reynolds is most proud of is Return to Bay Street, an award that helps women return to the workforce after a career break. Each award-winning woman will receive a minimum four-month long paid contract with a sponsoring financial institution, $5,000 towards an education program, access to a WCM mentor, as well as a one-year membership with WCM.

Return to Bay Street is in its sixth year and will be accepting applications until April 13, 2017.

“Too often for women, if you need to take a break, it’s hard to come back,” Reynolds said. “You fall off the track because people think your skills are stale. [Return to Bay Street] helps replenish the pipeline for senior leadership. It brings back senior talent.”

Reynolds studied economics and political science at McGill University with the intention of becoming a lawyer. She found herself enjoying her economics classes immensely, and after four years decided she was better off in business.

“I ended up, fortunately, getting to know some people in the investment industry … and it sounded like a great career — fast paced, opportunity to travel, rewarding,” Reynolds said.

Reynolds worked with the Bank of Montreal as director of capital markets for 10 years before moving on to work with WCM. She is also on the board of the Canadian Development Investment Corporation, a crown corporation that works for the federal minister of finance and is responsible for a number of initiatives.

Reynolds thoroughly enjoys working on the board. In addition to her role with the Canadian Development Investment Corporation, she is also the director on the board of Studio 190, an independent, Toronto-based theatre company.  For her, being on various boards allows her to explore different industries and be creative. It’s also a great way to diversify her network.

As Reynolds explains, every organization has a president and CEO that runs the business, but that person reports to a board, “a bunch of senior people with expertise who help guide strategic vision.” This can be everything from where the company should be heading to overseeing financial statements — it’s also why it’s so important that boards be gender diverse.

“So, what does it matter? It matters because I think women should be part of creating strategic missions of businesses and companies in Canada,” Reynolds said. “From a purely data and research perspective, studies that show if you have that gender diverse boards, it makes your business more profitable. But, you need that diversity on your board – and from a common sense perspective, if you are recruiting from 50 per cent of talent pool, you’ve got to be limiting yourself. You are not getting the best. It’s common sense.”

How do companies do that? Reynolds said it takes two steps. The first is to actually hire women in positions of power and the second is to change your business’ culture. It all starts with statistics, ensuring the company counts and measures everything. “How many women in each level of organization, how long does promotion take, wage gap at each level, then you will figure out what the problem is. Is it that your leadership team only brings forward candidates that are men and non-minority, for example,” Reynolds said.

“If you leave it to chance, it won’t happen. But, if I have anything to say about it, it’s going to change!”

 

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