Morning update: Canadian medical graduates trained abroad increasingly abandon jobs in their home countries

Good morning,

Thousands of Canadians study medicine in places like Ireland, Australia, the UK, Israel, the US and the Caribbean as it is nearly impossible to get into a Canadian medical profession 17 medical schools – about nine out of 10 applicants are rejected, often despite impeccable grades and qualifications, as demand far outstrips supply.

These international medical graduates are increasingly working as doctors in other countries, where they are highly coveted because they Frequently blocked from returning to Canada A system that was slow to respond to the severe shortage of doctors here.

Experts say Canada cannot afford to ignore the problem. As millions of Canadians struggle to find a family doctor at a time when hospitals across the country are overwhelmed by backlogs of surgeries, clogged emergency rooms and burnt out staff, the country desperately needs to address its medical brain drain and internationalization. Many obstacles. Medical graduates who want to work here.

Matthew Macciacchera is a Canadian medical student at the Royal College of Surgeons in Dublin, Ireland, November 29, 2022.Lorraine O’Sullivan/The Globe and Mail

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Household debt payments rise at record pace amid rate hikes

canadians see Their fortunes plummeted and their debts soared In the summer, the Bank of Canada raised interest rates rapidly to control inflation.

Statistics Canada said in a report yesterday that households paid about $57.4 billion in debt in the third quarter, a record quarterly increase of 6.1%. The interest portion of debt payments jumped 17.8%, also hitting a record high.

The Bank of Canada and other central banks have been rapidly raising interest rates as they try to curb rising consumer prices by raising borrowing costs to cool the economy, a shift that has reverberated through housing and financial markets.

Ex-FTX CEO Sam Bankman-Fried Arrested in Bahamas

Sam Bankman-Fried founded and led FTX until a liquidity crunch forced the cryptocurrency exchange to declare bankruptcy last month, Arrested in the Bahamas yesterday After being criminally charged by U.S. Attorneys.

It marks a stunning fall from grace for the 30-year-old entrepreneur, who rode the cryptocurrency boom to create one of the world’s largest cryptocurrency exchanges, whose net worth according to Forbes a year ago was $26.5 billion.

The Bahamas Attorney General’s Office said it proceeded with the arrest after receiving formal confirmation of charges against Bankman-Fried, adding that he was expected to be extradited to the United States.

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Also on our radar

Hong Kong court postpones Jimmy Lai’s national security trial until September: Mr Lai’s trial was due to begin on Dec. 1 but was postponed until this week, while China’s top legislature considers whether foreign lawyers can national security caseStill no ruling from Beijing, Jimmy Lai’s trial was postponed today by a panel of national security judges picked by Hong Kong’s chief executive.

Canada funding repairs to Kiev’s grid: Canada is helping financially Ottawa earlier this year imposed a 35 percent tariff on imports from Russia and its ally Belarus to rebuild Kiev’s war-torn power grid. Deputy Prime Minister Chrystia Freeland will announce a $115 million donation to Ukraine today at the Stand with the Ukrainian People conference in Paris.

Concerns raised by the Heritage Official Guidance Flagship Act: The federal government’s two flagship bills seem to depend on just one man: the brilliant and ubiquitous Owen Ripley. After months of switching between the Senate and the House of Commons, they were tasked with guiding the Online News Bill and the Online Streaming Bill through marathon parliamentary committee stages, some lawmakers are starting to worry On the perks of suave civil servants.

Canada sells more weapons to Qatar: Canada joins Qatar The addition comes as the World Cup has brought the country’s human rights record under further scrutiny, adding to a national control list of automatic firearms that regulates the sale of arms and military equipment.

Rapid spread of COVID-19 cases in China: Less than a week after China lifted most of its pandemic restrictions, ditching its tough zero-COVID response, A wave of cases is already buildingwhich will seriously test the country’s healthcare system.

African refugee camps turned desperate: Worsening global refugee crisis and shrinking UN budget leave UNHCR, UNHCR, achieve its funding goalsespecially for African refugee camps where food rations are insufficient and diseases are spreading.

Morocco’s World Cup success sparks debate: Morocco’s historic achievement at the World Cup unleashed a wave of excitement and support across Africa, as well as some conflicting feelings… Many Africans have mixed feelings about the North African side – mostly because of Morocco’s own history.

morning market

World inventories are stable: Global Equities keep it steady The dollar weakened modestly on Tuesday ahead of U.S. inflation data, which could persuade the Federal Reserve and other central banks to back away from aggressive rate hikes. Just before 6:00 am ET, the UK’s FTSE 100 was up 0.21%. Germany’s DAX and France’s CAC 40 rose 0.65% and 0.52%, respectively. In Asia, Japan’s Nikkei closed up 0.40%. Hong Kong’s Hang Seng rose 0.68%. New York futures are positive. The Canadian dollar rose to 73.41 cents US.

what is everyone talking about

editorial: “Toronto’s housing framework could suddenly be the leading one in the country. It’s definitely the blueprint the city needs. Housing is everywhere, but Toronto is the economic engine of the country and one of the largest cities in North America. Driven by immigration, the population will Continue to grow. Canada’s largest cities have failed to keep pace with population growth. Toronto may finally set a new standard.”

Today’s Editorial Cartoon

Brian Gable/Globe and Mail

live better

Anti-inflammatory diet boosts female fertility, study finds

There is growing recognition that nutrition plays an important role in fertility. Several studies have linked improved fertility to specific nutrients and foods. New research results show Eating an overall high-quality diet can improve your chances of conceiving.

When: December 13, 1999

Prime Minister Jean Chrétien shakes hands with Nisga Tribal Council Chairman Joe Gossenell after the House of Commons final vote on the Nisga Land Treaty Bill Dec. 13, 1999, in Ottawa.Dave Chan/The Globe and Mail

Treaty of Nisga ratified

The road to a vote in the House of Commons on the final Nisga deal is bumpy. The agreement between Canada, British Columbia, and the Nisga Nation is British Columbia’s first modern treaty. The Nisga have been pushing for a land claim settlement since at least 1887, when chiefs sailed to Victoria to discuss land issues but were turned away on the steps of the legislature. But the treaty is controversial. Critics warn that this will give Nisga’a powers over the federal constitution. The opposition Reform Party stalled for more than 40 hours to delay the legislation. On December 13, 1999, MPs voted 217-48 in favor of the bill, then gave Nisga’a leaders a standing ovation from the gallery. The treaty entered into force on 11 May 2000 after being ratified by the Senate. The Commons vote is a landmark moment for Nisga’a leader Joe Gosnell. (Mr. Gosnell died in 2020.) After waiting 112 years, he told The Globe and Mail it was a good way to end the year. Wendy Stoke

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