10/19/2014 (3:56 pm)

The $2 Trillion Megacity Dividend China

Filed under: Loans, Uncategorized |

China needs a new prescription for growth: Cram even more people into the pollution-ridden megacities of Beijing, Shanghai, Guangzhou and Shenzhen.

While this may sound like a recipe for disaster, failing to expand and improve these urban areas could be even worse. That

Looking for health insurance? Find a variety of affordable medical insurance plans.

10/18/2014 (8:44 am)

Parkdale urban farming project should be expanded: Porter

Filed under: Uncategorized, management |

Eugene Hennie rushed between the towering buildings of South Parkdale, Amy Ness and me trailing behind.

He had an important meeting to go to.

I’d have to visit the garden quick.

Their Thanksgiving harvest was more than a week ago. These were the hardy fall leftovers — some straggly eggplants, a few overgrown Brussels sprouts.

“You should have seen it two weeks ago,” Hennie said breathlessly. “There were tomatoes, cucumbers, hot peppers. Oh, it was beautiful. Seeing those plants grow from seed — it was like I was growing.”

Hennie and Ness aren’t community gardeners. They’re urban farmers. They’re employed here in the triangle garden in one corner of the Dunn Parkette. It’s their first jobs in years, since Hennie tumbled deep into addiction and Ness was diagnosed — wrongly, she says — with a mental illness.

It’s also offered them crisp produce, the likes of which they rarely saw on their threadbare social assistance paycheques. Hennie talks about making tea with a handful of fresh mint, the way most of us talk about summer vacations. Wistfully.

“I haven’t been to the food bank in 18 months, as a direct result of Co-op Cred,” he said.

Co-op Cred is officially a food security/employment program, run out of the bare-bones office of the Parkdale charity Greenest City. It is brilliant and should be replicated across Toronto.

It hires members of the Parkdale Activity-Recreation Centre to work flexible shifts, watering plants and picking weeds. All of the workers are like Hennie and Ness — extremely poor, recovering from addictions and mental health problems.

They aren’t paid with money, which might mess up their social assistance status. Instead, they are paid with credits from the West End Food Co-op, where they can shop for local, organic food that’s typically far beyond their means.

Hennie buys organic chickens and cashews. Ness buys kale and avocados for a fresh salad mixed with garlic and olive oil.

It goes without saying, they are feeling better. You are what you eat, after all. But the work has done some magic too. Ness says it’s kept her out of hospital.

“For decades, my self-esteem hovered around my ankles,” said Hennie, 58 no fax cash advances. “Now it’s almost at my waist.”

All this produce they grow, where does it go?

That’s where this program becomes a perfect, virtuous circle.

The farmers pile their vegetables into baskets and walk them down to the Parkdale Community Food Bank, the very spot Hennie used to stop by weekly, for cans of tomato sauce to heat up on his neighbour’s hot plate.

This season, the farmers have donated enough vegetables to supply 50 people every week, the food bank supervisor told me.

“It’s a feeling of great self-satisfaction,” Hennie said.

Oh, there’s more.

The program got two start-up grants from local foundations. But, the money for the farmers’ credit comes from the West End Food Co-op’s annual Ride4RealFood fundraiser, for which participants cycle up to Brampton’s McVean Farm. This September, it collected more than $32,000.

Guess who was a leading fundraiser?

“I knocked on every business along Queen from Lansdowne to Dovercourt, except the convenience stores,” Hennie said.

The resulting $2,800 was five times more than he earned at the garden this season. So, Hennie gave back that way too.

For the ride, he borrowed a friend’s bike. The first time was ugly. He hadn’t ridden in 25 years, he said. But he worked at it over five weeks.

“I was able to ride 35 kilometres to Brampton with two flat tires, too.”

The experience has got Hennie thinking about building a new career. Before he “married his addiction” and landed homeless in Parkdale, he was an airport porter and limousine driver.

He applied for a creative writing course at George Brown College. He wants to get into marketing, and figured the course would hone his skills.

That’s why he was in a rush. His entrance interview was in an hour.

He aced it, and starts next week.

To donate to the Co-op Cred program, go to:

http://parc.donorpages.com/Ride4RealFood2014/

Source

Get quick cash with no faxing required!

10/14/2014 (9:40 pm)

CSX 3Q profit rises 12 percent, tops estimates

Filed under: Business, legal |

OMAHA, Neb. (AP) — CSX Corp. (CSX) on Tuesday said its third-quarter profit grew 12 percent to $509 million as it hauled more freight amid an improving economy.

The Jacksonville, Florida-based company reported profit per share of 51 cents, beating the 47-cent average estimate of analysts surveyed by Zacks Investment Research.

That’s up from 45 cents per share, or $455 million, last year.

The freight railroad posted quarterly revenue of $3.22 billion. Zacks says analysts expected $3.16 billion.

Shares added 65 cents, or 2 percent, to $33.26 in extended trading. The stock has risen 13 percent in 2014.

One of the biggest drivers of the stock’s jump this week has been reports that CSX may have rejected a merger offer from Canadian Pacific railroad last week.

It’s unclear whether regulators will allow any of the big railroads to merge because of competitive concerns, Edward Jones analyst Logan Purk said.

“On paper, it makes perfect sense,” Purk said. “But I think there’s a tremendous hurdle with the Surface Transportation Board in getting that approved.”

CSX’s quarterly results demonstrate the company’s earnings power when the economy is growing, although the railroad seems to have little power to increase shipping rates, Purk said.

CSX officials continue to predict modest profit growth this year before double-digit growth in earnings in 2015.

The railroad hauled 7 percent more carloads overall with the strongest growth in chemicals — which include crude oil shipments — and agricultural commodities.

CSX said its coal revenue was essentially stable in the third quarter at $721 million. That’s a positive because the railroad has been hurt by weak coal demand over the past several years as many utilities switched from coal to natural gas because of low natural gas prices and concerns about pollution regulations.

CSX Corp. operates more than 21,000 miles of track in 23 Eastern states and two Canadian provinces. It is the first major U.S. freight railroad to report quarterly results.

Norfolk Southern Corp. will release its earnings next Wednesday. Union Pacific Corp. will follow with its third-quarter report a day later on Thursday. BNSF railroad’s results will be reported later as part of Berkshire Hathaway Inc.’s quarterly report.

___

Follow Josh Funk online at www.twitter.com/funkwrite

Source

10/11/2014 (1:16 pm)

Draghi Says Growing ECB Balance Sheet Is Last Stimulus Tool Left - Bloomberg

Filed under: Business, News |

President Mario Draghi said expanding the European Central Bank

10/08/2014 (9:56 am)

Stocks slip on economic worries

Filed under: USA, legal |

Updated at 9:45 a.m.

NEW YORK • Stocks were slightly lower in early trading Wednesday, adding to big declines the day before, as U.S. investors waited to hear from the Federal Reserve and for corporate earnings reports to start coming in.

KEEPING SCORE: The Dow Jones industrial average fell 13 points, or 0.1 percent, to 16,708 as of 10:06 a.m. Eastern. The Standard & Poor’s 500 index was down two points, or 0.1 percent, to 1,933 and the Nasdaq composite fell four points, or 0.1 percent, to 4,391. All three indexes were moving between small gains and losses in early trading.

GROWTH WORRIES: Investors have become worried about the future of global economic growth after the IMF trimmed its outlook for this year and next, citing weaker economic activity in Japan, Latin America and Europe. The IMF expects the global economy will grow 3.3 percent this year, slightly below what it forecast in July. Earlier this week Germany said its industrial output fell 4 percent in August, far more than expected.

DOWN: Stocks had one of their biggest single-day declines of the year Tuesday, with the Dow falling 272 points. Stocks have been on a multi-week downward trend, mostly because of the economic concerns in Europe and Asia. With Tuesday’s fall, the Dow and S&P 500 are on pace to have their worst week in two months.

Takuya Takahashi, a strategist at Daiwa Securities in Tokyo, said the IMF forecast cuts and concerns about the world economy were the main culprit for this week’s stock declines. “I was expecting them to go down even further,” he said. Takahashi noted investors were taking a wait-and-see attitude ahead of comments from the Fed and earnings from U.S. companies.

LOOKING AHEAD: The U.S. Federal Reserve is due to release minutes from its latest policy meeting Wednesday afternoon. Investors will be looking for signs of when the Fed might raise interest rates. The first increase is not expected until mid-2015, but the U.S. labor market has been recovering at a steady pace, suggesting a hike could come sooner.

EARNINGS SEASON APPROACHES: Aluminum company Alcoa will report its quarterly results after the closing bell Wednesday. Traditionally Alcoa marks the start of Wall Street’s quarterly earnings season, but most of S&P 500 companies will not report for another week or so. Analysts are looking for Alcoa to report a profit of 22 cents a share, according to FactSet.

ENERGY: Benchmark U.S. crude fell 99 cents to $87.94 a barrel on the New York Mercantile Exchange. Brent crude, a benchmark for international oils used by many U.S. refineries, fell 83 cents to close at $91.08 on the ICE Futures exchange in London.

CURRENCIES: The euro rose to $1.2651 from $1.2630. The dollar was trading at 108.33 yen, down from 108.61 yen.

Source

10/05/2014 (1:28 am)

Tax on sodas eyed in San Francisco, Berkeley

Filed under: Loans, legal |

SAN FRANCISCO (AP) — A tax on sodas and other sugar-laden drinks that voters and courts in other parts of the country have rejected is on the November ballots in San Francisco and Berkeley, two cities that have been open to such social-engineering initiatives in the past.

Voters in San Francisco will decide whether to make distributors pay a tax of 2 cents an ounce on sugary drinks, with the revenue used to fund programs promoting healthy eating and physical activity.

Berkeley voters will decide on a proposed tax of 1 cent an ounce, with proceeds going to the city general fund.

More than a dozen attempts elsewhere in the country to curb the sweet tooth of consumers have failed after big-spending opposition campaigns and legal battles by the $76 billion U.S. soft-drink industry.

The California Legislature has made at least a half dozen attempts to impose some type of tax on sweetened beverages, all of which failed. In New York City, even Michael Bloomberg’s clout wasn’t enough to save a measure banning the sale of super-size sodas from a legal challenge.

Because no city or state has been able to get and keep a soft-drink tax, no one knows for certain whether it would actually lead to a drop in obesity or conditions such as diabetes, said initiative supporter Michael Pollan, a Berkeley resident and nationally known author who writes about food and agriculture policy.

“It’s an experiment. Somewhere in America needs to give it a trial so we can see if this works,” Pollan said. “If one of them works, and actually generates a lot of revenue for a municipality and … reduces soda consumption, I think soda has a huge problem on their hands.”

Soda has been under fire for years from health advocates, who say the beverages are uniquely harmful because people don’t realize how much sugar they’re guzzling. A 21-ounce Coke, McDonald’s medium size, has 200 calories and 13 teaspoons of sugar, for instance.

Berkeley and San Francisco have a record of embracing social change. Berkeley voters made the city a nuclear-free zone in the 1980s, and voters in both cities passed measures establishing benefits for domestic partners, also in the 1980s. Bans on plastic bags received support long before the state imposed its own ban this year.

So far, the California arm of the American Beverage Association has contributed $800,000 to defeat the sugar tax on the Berkeley ballot, spokesman Roger Salazar said quick payday loan. He declined to disclose how much opponents have contributed for the no-tax campaign in San Francisco ahead of mandatory reporting later in October.

Radio and TV ads focusing largely on the added cost to soda-drinkers started airing last month.

Supporters of the tax have raised $80,000 in Berkeley and about $200,000 in San Francisco.

The demographics of soda-drinking appear to make the measures in large part a vote on what’s best for poor people. A 2011 look at soda taxes by the Chicago Federal Reserve Bank found people with less education drink more than twice as much soda as college-educated consumers, and that people living below the poverty line get 9 percent of their daily calories from sugary drinks.

Salazar contends the tax would have a “disproportionate impact on lower-income communities, punishing the very communities they purport to try to help.”

For teens, sugary soft drinks and sports beverages are the single biggest calorie sources in their diet, according to a report by the Harvard School of Public Health.

Supporters of the tax in San Francisco hope it will reduce soft-drink consumption by nearly a third and generate more than $35 million in annual tax revenue for health education. Scott Wiener, a San Francisco supervisor who got the tax on the ballot, disputes claims by opponents that the tax is regressive.

“What’s regressive is having an artificially cheap, disease-causing product that’s being sold … disproportionately to poor people,” he said.

Opponents argue there’s no evidence that a soda tax would work the same public-policy magic as tobacco taxes and bans on public smoking.

If anything, California should tax TV, which cuts into the time children spend in healthful exercises, said Liz Applegate, director of sports nutrition at the University of California, Davis.

She says consumption of sugary soft drinks by young people is already going down. At the same time, studies show that rates of diabetes have risen from 3.5 percent of Americans in 1990 to 8.3 percent in 2012.

“It’s misguiding consumers to believe that that if we tax sodas” society will see resulting health gains, Applegate said.

Source

09/30/2014 (9:52 am)

Safety agency studying Toyota acceleration problem

Filed under: Finance, USA |

DETROIT (AP) — U.S. safety regulators are looking into a consumer’s petition alleging that older Toyota Corollas can accelerate unexpectedly at low speeds and cause crashes.

The inquiry covers about 1.69 million of the compact cars from the 2006 to 2010 model years. The National Highway Traffic Safety Administration will decide whether to open a formal investigation.

An unidentified consumer said in a letter to the agency that a Corolla surged at low speeds several times, and the brakes failed to stop the car. The consumer said the problem caused one collision with a parked vehicle on June 8.

Investigators said they found 141 consumer complaints about the problem. No other crashes or injuries were reported.

The consumer filed the petition on Sept. 11.

Messages were left seeking comment from Toyota.

Source

09/28/2014 (4:24 pm)

On war and trade, it

Filed under: USA, marketing |

OTTAWA—You can call it buying time, or you can call it Her Majesty’s Loyal Opposition providing the scrutiny it should.

But wherever you come down on the NDP, crunch time is fast approaching for Tom Mulcair.

In the space of five minutes on Parliament Hill at the end of last week, Prime Minister Stephen Harper laid out two of the pillars of his party’s blueprint for re-election in 2015.

In so doing, the Conservative leader laid bare the realities of all three parties in the Commons.

On a major trade deal and an escalating war effort, the prime minister left no doubt where he stands.

On both files, Justin Trudeau and his Liberals have offered fuzzy support — with concerns — but would have to switch gears to formally oppose either measure.

They stand accused of offering tepid support on both questions without all the relevant information at hand.

But the trickiest manoeuvring awaits Mulcair, a shrewd politician who is again trying to avoid a crash on the shoals which have always imperiled his party — the demand from the true believers for fidelity to party roots and the need to broaden its appeal should it ever want to form a government.

On the trade deal, the NDP has always withheld judgment, demanding a text before passing judgment on the Canada-European Union deal.

Harper dug into his dusty bag of hyperbole to cast the deal as a “game changer,” a job creator that moves Canada into the big leagues.

“The Canada-EU trade agreement is deeper in substance and broader in scope than any such other agreement in Canadian history,” Harper said.

The NDP now has a text — and some wriggle room, courtesy of Germany.

The NDP did back a trade deal with Korea, but Mulcair points to a six-month escape hatch there on what is known as the investor state provision.

The European deal locks Canada in for 20 years and critics say that provision gives foreign companies undue power to fight government measures on areas such as health and the environment — a fight the NDP leader has fought during his days as Quebec environment minister.

The deal could be shaken by German opposition, but Harper will still be likely able to campaign on its benefits in 2015. New Democrats will have to carefully parse their opposition — if they go that way — to avoid being painted as anti-trade and anti-job online payday loans.

The more immediate decision rests with Canada’s increased involvement in an allied effort against the Islamic State in Iraq.

Cabinet will meet this week to discuss the use of CF-18s in airstrikes and Foreign Affairs Minister John Baird has stated that would be considered a combat mission and subject to a vote in the Commons.

“We do not stand on the sidelines and watch,” Harper said. “We do our part. That’s always been how this country has handled its international responsibilities and as long as I’m prime minister that’s what we will continue to do.”

The NDP has withheld any support of the so far limited Canadian role in Iraq, saying it has not received details of the mission from the government and been unable to vote.

They appear to be about to get details and that vote.

Mulcair has shifted his potential dissent, saying his party would have to weigh carefully the fact the mission in northern Iraq and Syria has not been officially sanctioned by NATO or the United Nations.

In a television interview he said he is not prepared to tell Canadians that we should repeat the wrong-headed American-British policies of 2003 which led to the present situation.

The extended Canadian involvement will likely receive broad backing in this country, but for a clue as to where the NDP is going, one should cast back to Canada’s 2011 involvement in the NATO mission in Libya.

Under the late Jack Layton, the NDP initially backed that involvement, but subsequently withdrew that support and refused to back an extension of the mission.

The first vote of support caused discomfort within the party.

When one looks at Libya today, hindsight allows us to see the futility of that mission.

Saturday in Sudbury, Mulcair told supporters that his was the “party of peace.”

Are they the anti-war party?

Are they anti-trade?

And does Mulcair play to his base or move the party to the centre?

The days of using Parliamentary process as a shield are coming to an end.

Source

09/27/2014 (1:28 am)

Stocks rise at the end of a rough week; Nike jumps

Filed under: Finance, online |

NEW YORK • The U.S. stock market headed higher Friday as investors welcomed good news on the U.S. economy at the end of a turbulent week of trading. Nike jumped after turning in higher profits, and Janus Capital Group soared following news that it had hired star bond fund manager Bill Gross.

KEEPING SCORE: The Dow Jones industrial average was up 90 points, or 0.5 percent, to 17,036 as of 1:18 p.m. Eastern. The Standard & Poor’s 500 index rose six points, or 0.3 percent, to 1,972 and the Nasdaq composite climbed 19 points, or 0.4 percent, to 4,486.

The S&P 500, the benchmark for most mutual funds, is on track to lose 1.8 percent this week. The biggest drop came Thursday, the worst day for the stock market since July 31.

A VIEW: Steep drops are often followed by slight daily gains as investors hunt for beaten-down stocks. “After yesterday, it’s only normal to get a little bit back because people tend to buy on the dips,” said Jason Pride, director of investment strategy at Glenmede Trust.

Pride said he expects the market to resume its climb as the economy improves. “I think we’ll continue to grind higher because the economic momentum is still there,” he said. “Maybe the market gets overvalued. So, sometimes a little breather is helpful.”

SURPRISE: After a dismal winter, the U.S. economy expanded at an annual rate of 4.6 percent in the spring, the fastest pace in more than two years, the government reported Friday. Some economists expect the momentum to carry through the rest of the year.

SWOOSH: Late Thursday, Nike said its quarterly net income surged 23 percent thanks to solid sales and lower taxes. Both its earnings and revenue beat Wall Street’s estimates. Nike’s stock gained $8.56, or 11 percent, to $88.32.

MOVING ON: Famed bond-fund manager Bill Gross, a founder of bond giant PIMCO, is leaving to join Janus Capital no fax payday loans. Janus said Gross, who ran the world’s largest bond fund at PIMCO, starts work next Monday. Janus soared $3.72, or 34 percent, to $14.83.

CAJOLING: An investment fund with a stake in Yahoo sent a letter to Yahoo’s CEO urging the company to consider merging with AOL. Jeffrey Smith, who heads Starboard Value, wrote that a deal could save as much as $1 billion and create a more competitive company. Yahoo climbed $1.59, or 4 percent, to $40.53.

EUROPE: Major markets in Europe were mixed. Germany’s DAX slipped 0.2 percent and France’s CAC 40 gained 0.9 percent. Britain’s FTSE 100 index picked up 0.1 percent.

ASIA’S DAY: Japan’s benchmark Nikkei 225 led most Asian benchmarks lower, falling 0.9 percent. South Korea’s Kospi lost 0.1 percent, while Hong Kong’s Hang Seng shed 0.4 percent. The Shanghai Composite Index edged up 0.1 percent.

ANALYST’S VIEW: Gary Yau, from Credit Agricole CIB, says that the estimate for U.S. economic growth is unlikely to drive a big move in the stock market after a rough week. “Cautious trading will likely prevail on the last day of the week,” he said.

CURRENCIES: The dollar strengthened to 109.10 yen from 108.56 yen in late trading Thursday. The euro fell to $1.2729 from $1.2760.

BOND MARKET: Prices for U.S. government bonds fell, nudging yields up. The yield on the 10-year Treasury note rose to 2.54 percent from 2.50 percent late Thursday.

OIL: Benchmark crude oil for November delivery rose 58 cents to $93.11 on the New York Mercantile exchange.

__

AP Business Writer Kelvin Chan reported from Hong Kong.

Source

09/22/2014 (9:52 am)

Maple Leafs the worst? Where ESPN got it right and where ESPN got it wrong

Filed under: USA, economics |

Had a chance to take in ESPN’s annual rankings of North America’s 122 sports franchises where the Maple Leafs managed to finish 122nd.

Now, this was a survey of fans, and what Leaf fan is going to be happy with anything about his or her team after the way it finished last season?

COACHING

Fans are asked if they’re happy with the coach? Are you kidding me? Randy Carlyle finished a shocking 113th, ahead of the coaching situations in Pittsburgh (replaced), Carolina (replaced), New York Islanders (retained), Vancouver (replaced), and Florida (replaced).

BANG FOR THE BUCK

No shock really about bang for the buck (122nd), which marks wins per fan dollar. They could probably win all 82 games and still finish in the bottom half in that category.

FAN RELATIONS

Fan relations (117th), low in my books, probably the result of the spillover effect from such a horrible finish to the season. The amenities at the Air Canada Centre are quite good compared to a lot of rinks. The team does quite a bit of promotional and charitable work, much of it not covered in the media. Their rink refurbishing program and visits to hospitals are admirable. Their problem may be they’re in so much demand it’s hard to please everybody.

I know there were problems with long lines and the price point of the recent fan fest, but give the team credit for trying. And more gamee tickets will be available to the general public this year.

OWNERSHIP

Ownership came in at 105th, the highest ranking. Yikes. This Bell-Rogers partnership is going to be a disaster and with Tim Leiweke leaving, there isn’t going to be a referee to end the feuds and set direction. It could well turn out that fans will pine for the “good old days” when the Ontario Teachers’ Pension Plan owned them.

AFFORDABILITY

Dead last. That’s 122nd, if you’re counting. No argument here.

PLAYERS

Players (120th) based on effort and likability. On the surface, this would sting. But if you think about the Leafs, who comes to mind first? Phil Kessel? Dion Phaneuf? Nazem Kadri? Jonathan Bernier? Hard to say, really. Kessel’s a singular talent, but not good in front of cameras and that hurts his image. (Let’s not forget the “Thank You, Kessel” cheers that rained down on him in the 2013 playoffs.) Phaneuf seems stilted while he and the more affable Kadri are both polarizing figures, with fans demanding they shore up the parts of the game that are flawed. Bernier’s a nice dresser and all, but he supplanted a fan favourite — James Reimer.

Toronto historically has loved its fighters and grinders and on-ice menaces, especially if they can score a bit. Think Wendel Clark. Tiger Williams. Tie Domi. Even a Darcy Tucker.

Who could be popular Leafs?

Colton Orr? Not a chance, especially since the age of the enforcer is passing. Leo Komarov? Maybe if he plays in Toronto for consecutive years. Morgan Rielly? It would be something if the fans oohed and aahed at his talent. William Nylander? Get back to us in five years. My money’s on Kessel if the team turns it around.

TITLE TRACK

Title track put the Leafs at 121st, in front of only the Minnesota Timberwolves. That’s the fans’ way of saying they don’t like the direction of the team. Most likely that’s a shot at GM Dave Nonis. The core of players are his. The core has let the fan-base down in spectacular fashion three years in a row. You can’t blame the fans for how they feel.

STADIUM EXPERIENCE

Stadium experience is an interesting one. Leafs come in at 109th, ahead of Calgary, Edmonton and the New York Islanders. That the Isles are last, with the shoestring budget and the oldest arena in the NHL, is no surprise. The fans of the Leafs, Flames and Oilers truly haven’t had much to cheer about in recent years.

But there’s no doubt, the Leafs stadium experience could be better. For one, copy Montreal’s use of the big screen. At the Air Canada Centre, any stoppage in play is a reason for some in-game host to yammer on about some lame contest, or for some ad to blare. By contrast, the screen in the Bell Centre shows commercials — but without sound. The sound of the game — be it an organ or a chant — continues.

The Leafs are aware their in-game experience is lacking. Changes are coming this season. Let’s hope they get it right.

MLSE REACTION

“The Toronto Maple Leafs is one of the most historic teams in sports, with one of the strongest fan bases, and we obviously don’t think this list accurately reflects that. Our focus though is on building a winning club and continuing to create even more access for Leafs Nation, not for the sake of a ranking on a list, but for our fans.” –Dave Haggith, MLSE senior director of communications.

SIZE MATTERS

How about this tidbit from the IIHF’s website that points out that the average goalie is four centimetres — or about an inch and a half — taller this season, compared to 20 years ago.

The IIHF measured the 1994 Olympians, who played at 181.9 centimetres (5-foot-11). Back in that era, goalies that were 5-foot-8 were fairly common and Curtis Joseph (5-foot-9) and Ed Belfour (6-foot) would be considered undersized by today’s standards.

At the 2014 Olympics in Sochi, the IIHF said the average height of the 36 participating goaltenders was 185.9 centimetres (a little more than 6-foot-1). Within the NHL, the average height of goaltenders league-wide during the 2013-14 season was 186.2 centimetres.

AROUND THE WORLD

The Champions Hockey League resumes play this week. It’s basically European hockey’s version of soccer’s champions league where the best teams from the European league’s play off for a champion, taking small breaks from their league games.

Leafs prospect Andreas Johnson (Frolunda) is second in CHL scoring. Here’s a YouTube compliation of a recent six-point game.

AROUND THE NHL

Thought by many to be washed up, Dany Heatley is getting an audition on the top line with the Anaheim Ducks. He is practising with Ryan Getzlaf and Corey Perry.

Next Page »