Features
Access to Canadian records of Nazi war criminals
Introduction: Following upon the huge embarrassment caused not only to the Canadian Government, but to Canada as a whole, by the decision to invite a former member of a Ukrainian Waffen SS unit into the House of Commons where he was applauded as a “war hero,” we asked David Matas, renowned lawyer and expert on the issue of Nazi war criminals who were allowed into Canada following World War II, to write a piece providing an analysis how Canada has failed so badly, not only to prevent Nazis and individuals who cooperated with the Nazi regime, to enter Canada, but also to continually refuse to identify who those individuals were. Following is David Matas’s piece:
Getting access to Canadian Nazi war criminal records has to date been nearly impossible. Efforts to obtain access to relevant files and documents have been constantly frustrated and gone nowhere. The record is this.
On January 12, 2022, B’nai Brith Canada put in a request to Library and Archives Canada for Part II of the Report of the Commission of Inquiry on War Criminals. Part I was public in 1986 when the Commission reported. Part II was confidential.
Part II contained, according to Part I, 822 opinions on individual cases. The Commission recommended that the Government give “urgent attention” to investigating 20 files of alleged Nazi war criminals who might still be living in Canada. The report also recommended further investigation of 218 other possible Nazi war criminals living in Canada.
What happened to the 20 cases which were recommended for urgent attention and the further 218 which were recommended for further investigation? We have no idea. We know that there some cases which went to Court and we have the Court records of those cases. But which of these were part of the 20 or 218, if any, were not disclosed.
As of today, Library and Archives Canada, one year and ten months later, has not responded to the request for Part II, other than to acknowledge receipt and assign the request a file number. B’nai Brith Canada complained on December 5, 2022 to the Office of the Information Commissioner asking the Commissioner to issue an order setting a deadline for Library and Archives Canada to provide B’nai Brith with a copy of the Part II Report. That complaint, as of today, has not been decided.
Also on January 12, 2022, B’nai Brith Canada put in a request to Library and Archives Canada for records relating to investigations of alleged Nazi war criminals of the War Crimes Unit of the Department of Justice and the RCMP. Canada’s Program on Crimes Against Humanity and War Crimes Eighth Annual Report 2004-2005 stated that, since beginning this work, the Department of Justice had opened and examined over 1,800 files. Who are these people? What was the result of the investigations in these cases?
With that request too, Library and Archives Canada has not responded, other than to acknowledge receipt and assign the request a file number. B’nai Brith Canada complained as well on December 5, 2022 to the Office of the Information Commissioner asking the Commissioner to issue an order setting a deadline for Library and Archives Canada to provide B’nai Brith with copies of the war crimes records. That complaint, as of today, has, like the other complaint, not been decided.
B’nai Brith Canada on March 6, 2023 asked for an unredacted copy of Library and Archives Canada the September, 1986 report prepared by Alti Rodal titled “Nazi War Criminals in Canada: The Historical and Policy Setting from the 1940s to the Present” prepared for the
Commission of Inquiry on War Criminals. Justice Jules Deschênes who headed the Commission of Inquiry on War Criminals recommended release of the report in its entirety. He wrote: “This substantial study no doubt constitutes an outstanding contribution to the knowledge of this particular question and deserves wide distribution.”
Library and Archives Canada provided B’nai Brith Canada on July 5th 2023 a redacted copy of the report, albeit with fewer redactions than there were at the time of the original release of the report. B’nai Brith Canada complained to the Office of the Information Commissioner within 30 days of the refusal to release the unredacted report. That complaint remains undecided.
The 2000 International Holocaust Remembrance Alliance Stockholm Declaration commits the signatories to “take all necessary steps to facilitate the opening of archives in order to ensure that all documents bearing on the Holocaust are available to researchers.” Canada joined the Alliance in 2009.
The International Holocaust Remembrance Alliance Monitoring Access to Archives Project recommended in 2017 that governmental archival institutions “release Holocaust related records, irrespective of any personal identifying information or national security classifications”.
The US Nazi War Crimes Disclosure Act of 1998 created an interagency war criminals records working group to locate, identify, inventory for declassification and make public all classified Nazi war criminal records. The records subject to the Act include records of the assets of persecuted persons. The Act kept existing exemptions to disclosure in general laws, but required that they be strictly defined, with a presumption against the exemptions.
In addition to general requirements of strict definition and presumption against the exemptions, some of the exemptions were themselves redefined to limit their scope. The exemption from disclosure in favour of privacy is redrafted to become an exemption where there would be “a clearly unwarranted invasion of personal privacy”. The exemption in favour of national security interests is redrafted to become an exemption where disclosure “would clearly and demonstrably damage the national security interests of the United States”. The exemptions in favour foreign relations and diplomatic activities is redrafted to become an exemption where disclosure “would clearly and demonstrably damage” foreign relations or diplomatic activities. The exemption in favour of emergency preparedness plans is redrafted to become an exemption for information that “would seriously and demonstrably impair” those plans.
The records which were disclosed as a result of US Nazi War Crimes Disclosure Act give us an insight into why the documents were withheld. One set of documents showed that the US Government had a lot more detailed knowledge of the Holocaust while it was happening. Keeping this information confidential and not acting on it at the time, whether or not it fits arguably within any of the exemptions, does make the US government of the time look bad. There is presumably similar information in currently withheld documentation of other governments.
A second set of documents initially withheld and then disclosed through the US legislation was documents showing that the Government was providing haven for those complicit in Nazi war crimes because of their potential to assist the US in the Cold War. Again this sort of information now withheld may well be found in other archives.
A third set of documents initially withheld and then disclosed because of the legislation were documents which showed the initial unwillingness to bring Nazi war criminals to justice, and the argumentation both for and against within the government. This argumentation we know has been replicated elsewhere.
A fourth set of documents not yet fully available relates to the effectiveness and operational difficulties of Nazi war crimes prosecution efforts once those efforts got going. In Canada, there was a split between the investigation and prosecution efforts, with investigations allocated to the national police, the Royal Canadian Mounted Police and prosecution allocated to the Department of Justice. This fragmentation caused a sequence of operational difficulties about which we now have only partial knowledge.
There was also in Canada internal feuding within the Nazi war crimes Justice department unit, arguments whether the unit was too slow and cautious or overly energetic in the pursuit of their efforts. The documents we have now provide only a glimpse of this feuding.
A sixth set of documents not now completely disclosed is efforts of Nazi war crimes prosecution units that were established to obtain access to relevant documents in the Soviet Union and Eastern Europe. We know that there was a good deal of difficulty in getting that access and that eventually international agreements were negotiated that allowed foreign war crimes units direct access to those archives rather than working through local archivists. Again, this is a story which could be fully told only with release of all relevant documents.
A seventh difficulty is the inclination of archivists, government officials and Parliamentarians to address the difficulties in access to documentation all at once. Yet, attempting to do everything before one does anything is a recipe for doing nothing. Each request is particular, not least in the archival access issues it presents. An effort to resolve all these myriad issues in one fell swoop goes nowhere.
We can see in several countries self-exoneration and blame shifting as a form of Holocaust distortion. Everywhere the Nazis went they relied on local collaboration to identify, locate, detain and murder the Jewish population. What we see now in several countries is an effort to pretend that the locals were innocent, that the only perpetrators were the invading Nazis.
This whitewashing is not confined to the countries invaded. It is an attitude held within the populations which have emigrated from the invaded countries. This attitude had generated opposition to the effort to bring Nazi war criminals to justice and now generates opposition to disclosure of archives about those efforts.
Canadian privacy law allows for the lapse of the right to privacy twenty years after death. However, in the case of Nazi war criminal files, since the names of those, other than those whose cases have gone to court, are not known, neither is their dates of death. While the dates of death are not known to outsiders, they are either known or knowable to archivists.
The situation justifies these recommendations:
1) Obstacles to access to Nazi war criminal records stem from legislation which is general in nature. There needs to be legislation which is specific to Holocaust records and which provides an exception to these general requirements. The legislation needs to encompass Holocaust related archives concerning both perpetrators and victims.
2) National archives need to establish and maintain separate Holocaust records within their general collections.
3) Insofar as there is discretion in current legislation to allow for exceptions to prohibitions to access, that discretion should be exercised in favour of access to Holocaust related records, including Nazi war crimes records.
4) Parliament can obtain documents from Governments which the public can not obtain. Parliament should exercise that power to obtain Holocaust related records.
5) The public interest in access to Nazi war criminal files should prevail over the right to be forgotten.
6) There needs to be active review of Nazi war criminal files both to make publicly available the files where the dates of death are known and the fixed periods after dates of death in privacy legislation have passed, and to determine whether any of those to whom the files relate are still alive or, if dead, the dates of death, where the deaths or dates of death are not known.
Canada, as a member of the International Holocaust Remembrance Alliance, is committed to Holocaust remembrance. To remember the Holocaust, we must remember the victims. We must also not forget their murderers. While the murderers are alive, that means bringing them to justice. Once they are gone, it means providing public access to the record of their atrocities.
During the Holocaust, the murderers were in Europe. After the Holocaust, the murderers scattered around the world to escape justice. Thousands came to Canada. Howard Margolian, a historian with the War Crimes Unit with the Department of Justice, in his book Unauthorized Entry, estimated that 2,000 Nazi war criminals and collaborators entered Canada after World War II.
It is understandable that files about individuals who are still alive are not made accessible to the public unless there is legal action. But once the individual has died, there is no reason why the file could not be made public, no matter what the state of the evidence about the individual. Not doing so amounts to covering up the haven Canada has given to those complicit in Nazi war crimes with a blanket of secrecy.
Philosopher George Santayana wrote: “Those who cannot remember the past are condemned to repeat it.” Yet, we can not remember a past which remains hidden from us. To remember the past we must know the past. Only through public access to Holocaust archives can we learn lessons from those archives.
Learning lessons from the Holocaust is a legacy we can create for the victims, creating meaning from the senseless death of innocents. To learn those lessons, we need access to the archives which can convey them.
The effort at understanding, of learning the lessons from the Holocaust must never stop. For that history to be written, the files of those against whom there is compelling evidence of complicity in Nazi war crimes and who are now dead must be made public.
We have a duty to the victims, not just to remember that they died, but why they died, how they died. The picture of memory we paint must be real and complete. That picture must include the murderers.
Because we will soon be at a stage where the memory of the Holocaust conveyed by survivors will no longer be with us, access to Holocaust archives looms in importance for keeping the memory of the Holocaust alive. Access to Holocaust archives should be a matter of priority to Governments, Parliaments and archival collections.
David Matas is a Winnipeg lawyer and senior honorary counsel to B’nai Brith Canada
Features
Exchange Rate Factors: What Global Events Mean for Savvy Investors
When Russia invaded Ukraine in 2022, it created ripples in all financial markets, including currency markets. The Euro weakened while the dollar surged and emerging market currencies wobbled. Global factors can quickly affect financial markets and shake established trends. Apart from such rare events, currencies tend to change their price because of interest rates, inflation, and overall investor confidence. For investors managing money abroad, understanding these movements is critical to avoid losses and mitigate risks.
Below, we will break down how global political, economic, and cultural events influence exchange rates, with insights for savvy investors.
Economic factors
There are several key exchange rate factors with a consistent history of shaking financial markets. These factors include inflation, interest rates, trade balances, employment rates, and so on. Since economic factors are shaping markets almost daily, we start with those.
Inflation and interest rates
Inflation and interest rates are closely connected as one can easily affect the other. When inflation rises, central banks step in and raise interest rates to reduce inflation, and when inflation is lower, central banks can lower interest rates to make borrowing money cheaper. As a result, investors closely monitor these two metrics to anticipate changes in interest rates. Higher inflation makes currencies weaker, and whenever banks change the rates, the changes are immediately reflected in global currency rates. In the United States, the Federal Reserve is the central bank that sets interest rates in the country.
Trade balances and economic growth
A country that exports more than it imports has a stronger demand for its currency. More demand equals a stronger currency. However, the Japanese yen was always weaker against the dollar because the BOJ of Japan tends to have super low rates near 0 to support its exporters. Economic growth also increases demand for local currency as more investors try to invest in the country’s economy. Long-term investors often track this data to detect early signs of any changes in currency strength.
Political and geopolitical factors
Elections, sanctions, and overall political stability are also crucial factors. If the country gets under sanctions, its economy crumbles and its currency becomes inflationary, losing its value quickly. Elections are also crucial for a currency’s strength. Geopolitical events can have a serious impact on the currency as well. The most obvious example is the 2016 Brexit events that made GBP lose its value rapidly and violently. Global conflicts, such as wars, can seriously impact global financial assets, especially currency markets. When tensions are high, safe-haven currencies like USD and CHF (Swiss Franc) become very popular among investors as they seek a safe place to protect their capital.
Cultural and social factors
People like tourists, workers, and diaspora communities can shape currencies as well. Tourism usually drives seasonal demand, and countries that are popular destinations during certain seasons experience their currency appreciation as demand spikes. The perception matters as countries seen as safe and opportunity-rich tend to attract more investors, solidifying their currency strength.
Technology and innovation
Technology is seriously affecting everything, especially the financial sector. Digital payment systems, blockchain technology, and fintech startups have made it easy and swift to move money around. Cryptos and stablecoins enable investors to protect their capital using stablecoins during volatile times. The latest trend among banks is to work on CBDCs, which signals a new era where national currencies are blended with technology and blockchain. Despite this, currencies, even in their crypto form, will continue to be influenced by all major factors mentioned above, and knowing how these factors impact your currency is key to keeping your capital safe from risks.
Practical lessons for savvy investors
So, what do all these factors teach us about global currency rates and investing strategies? The key lies in proper preparations and anticipation. Monitoring macro trends, policy announcements, and major geopolitical and political developments is critical.
Diversify
The number one method which is used by professional investors is diversification. This simply means to spread your risks across a basket of assets. By not investing all your capital in one instrument, you can mitigate risks. If one asset experiences a loss, other ones will counter it with returns. Building a diversified portfolio is key to properly diversifying. For example: divide your capital to buy stocks, commodities, currencies, and cryptos so that if one fails to perform, others will counter it. This ensures a stable income without unnecessary losses in the long run.
Hedge
Forex options and ETFs are great hedging assets. Forex options let investors lock in an exchange rate for a future date, which is very useful if you expect volatility but want stability. Currency ETFs, on the other hand, track specific currencies or a basket of currencies and allow easy trading or protection without trading forex directly, but they are still risky.
Monitor the economic calendar
Economic calendar is a free online tool that aggregates important macroeconomic news data such as interest rate decisions, CPI, inflation, employment rates, central bank announcements and speeches, and other crucial information. By monitoring them, investors can always know when important news data will be released, and they can postpone their investment decisions to avoid volatile times and only invest after the main trend is determined.
Features
The Canadian Dollar is on a slow decline. Should you save in euros or US dollars instead?
The Canadian dollar has been losing its value against the dollar this year. For Canadians, this raises a simple question: if your CAD is losing ground, is it better to move savings into euros or U.S. dollars, especially bonds, stocks, or a carry-trade strategy? Carry-trade strategy in this context means to borrow in CAD and invest it in the USA or the EU zone. This is a complex matter, and to understand where the CAD is, how attractive other currencies might be, we need to analyze these currencies more deeply. Below, we will walk you through the data, practical costs, and risks so you can reach a usable conclusion after reading this guide.
Quick snapshot – What the markets say right now
Recently, the Canadian dollar has hit multi-month lows due to weaker oil prices and a post-Fed (U.S. Federal Reserve) market reaction (which raised the rates, making the CAD weaker against the dollar). Canada’s central bank has cut its policy rate to 2.25%, while the Fed’s fund rate remains notably higher at about 3.75-4%. The ECB (European Central Bank) main interest rates are lower than the Fed’s and near the low-to-mid 2% range. While the Euro currency to USD rates remain mostly predictable, due to higher US bond yield rates, the EUR remains stronger, still. The U.S. 10-year Treasuries are around 4.1%, Canada’s 10-year near 3.2%, and Germany’s 10-year around 2.7%, meaning that today the USD-denominated bonds have the highest nominal yield among the three. As a result, the dollar seems much more attractive when it comes to bond yields and stocks.
Bonds – Which currency is the best for fixed income?
The short answer is: USD bonds. When it comes to nominal yield alone, US bonds beat almost all other competitors. U.S. government bond yields (10-year) are noticeably higher than Canadian and German/Eurozone bond yields right now. As a result, US bond buyers have more income potential than Canada and the EU. Euro-area core yields are lower, meaning they are paying less than the USA.
However, nominal yield does not mean it is guaranteed real return, and metrics like inflation, currency rates, and hedging costs can impact potential returns directly. If you buy USD bonds but the dollar falls against the CAD, currency losses will most likely wipe out the higher yield rate. If the Fed lowers its rates, it will make the dollar weaker against the CAD and EUR.
Another challenge is that, if you live and spend in Canada, you are using CAD, and when exchanging it for dollars, you get exposed to foreign currency rate risks, which must not be underestimated.
Stocks – Euro or dollar?
Both the EUR and USD have their advantages. USD has strong liquidity and strong long-term performance, while EUR equities offer valuation opportunities and recent relative strength.
Why USD?
The U.S. market remains the most liquid stock market with strong earnings for many tech and large companies. This makes USD stocks very attractive for long-term-oriented investors. S&P has been rising historically, and even after crashes, it often recovers its value relatively quickly.
Why EUR?
European indexes have performed well this year and in many cases cost less than their U.S. counterparts. While cheaper does not always mean better, these indexes still have some growth potential. Some major banks in the EU zone, together with industries, have recovered strongly with a recent focus on military manufacturing, making many EU stocks very attractive, together with local indexes.
However, here is a caveat: if you are using CAD daily and it loses its value against the euro, the returns from euro holdings might shrink, exposing you to greater currency risks.
Carry-trade analysis – Is it viable to borrow CAD and invest it in USD or EUR?
The basic promise of carry-trade is simple yet powerful: you borrow cheaper currency and invest it in currencies with higher yields. In our case, is it lucrative to borrow in CAD and invest in either EUR or USD? To answer this question, we need to look at numbers. BoC policy rate is 2.25%, Fed funds from 3.75%, U.S 10-yr is 4.1%, Canada 10-yr is 3.2%. If we deduct Canadian rates from the U.S. rates, we get around 1.8% positive before costs. So, in theory, it could be lucrative to invest CAD in USD assets using a carry trade. Since the ECB has around 2%, it is not profitable to use a carry-trade strategy for the euro.
The bottom line
While the CAD has been weakening lately, it is still not cheap enough to naively invest in USD or EUR. However, if you want a pure yield and can tolerate foreign exchange rate risks, USD bonds are more attractive today. When it comes to stocks, USD equities provide stable and liquid markets. If you want valuation potential and diversification, then euro equities have become more attractive this year. When it comes to carry-trade strategies, the USD remains more lucrative than the euro, but on paper, traders and investors should evaluate all the risks and costs before investing in any currency.
In the end, Canadians who have CAD for their daily costs should be careful when trying to get exposure to other markets. US bonds, US stocks, US carry-trade, and EU stocks remain attractive choices for experienced investors.
Features
Why Reading Online Reviews Matters Before Making a Purchase
People usually pause before purchasing to read reviews from other customers. It’s become part of everyday online life, a quick way to see how something really performs before making a decision. According to the Pew Research Center, most internet users read reviews to get a better idea of what they’re buying. The feedback from actual users becomes more reliable than marketing statements because it comes from everyday consumers instead of sales-oriented corporate messages.
Reading reviews also helps spot patterns. If the same comment, good or bad, appears again and again, it usually means there’s truth to it. People now use this collective feedback as their main method to evaluate online products and services for quality and reliability.
When There Are Too Many Options, Reviews Narrow the Field
Shopping online can be overwhelming and a bit of an adventure. There are always more options than anyone needs, hundreds of gadgets, countless household tools, endless entertainment subscriptions. All listings present themselves as excellent value propositions with operational excellence, yet it remains a bit of a challenge when it comes to verifying which ones deliver actual results.
Reviews become useful at this point. Real users provide information about product details, which marketing content fails to show, by sharing their experiences about delivery speed and setup ease and product durability after several months of use. The product details show its operational behavior when used in regular business activities.
Users tend to begin with reviews. For instance, a tech product might have amazing packaging but fall short on battery life or integration. Maybe a new game or casino platform might sound promising, and reviews on trusted choices can confirm whether it includes flexible payment options, a wide content library, and responsive support. When feedback keeps mentioning strong points like clear instructions or helpful customer service, it shows consistency. The product or service delivers its expected results because customers have personally seen its performance.
Reviews Build Faith Through Shared Experience
Reviews gain their strength from the emotional bonds which readers find with each other. Reading about someone else’s experience feels familiar, even if you don’t know them. It’s basic word-of-mouth marketing, like receiving recommendations from a neighbor who has already purchased the item you are considering.
This shared experience has built an informal community of online voices. People rely less on what a brand claims and more on what other users notice. When different reviewers mention similar strengths or small frustrations, it adds authenticity. The story becomes more believable.
Reviews show what other users have experienced, but they do not offer any guidance about what to do. This type of his collective info turns into an important part of how people build trust online. It’s a small thing, but it makes a big difference in how confident we feel about the choices we make.
Balanced Feedback Feels More Honest
A perfect score does not prove that something lacks any imperfections. A combination of positive and less-than-perfect feedback creates a more authentic impression. Small complaints about packaging or delivery delays make glowing reviews sound real. A recent study showed that participants answered honestly instead of trying to make their responses attractive to others.
Most readers know that nothing works flawlessly all the time. People look for reviews which provide both positive and negative aspects because they want to find balanced opinions. Customers can establish realistic purchase expectations through combined information which they can apply before buying. Review systems maintain their value because reviewers maintain honesty in their assessments.
Why Recency and Volume Matter
The best reviews and product ratings are the ones written recently. They reflect how a product or service performs right now, not how it worked a year ago. Things change, materials, delivery services, and even the way companies handle support.
A steady flow of new reviews suggests consistency. When lots of people share their experiences over time, patterns appear. Those patterns tell readers what’s typical, not just what’s possible. It’s the difference between one person’s lucky experience and a reliable average that others can count on.
Quantity matters too. Ten balanced reviews from this month will usually tell more than a single five-star comment from last summer. Together, recency and volume create a clear picture of reliability and quality without relying on assumptions.
Recognising Genuine Reviews
Not every review online is authentic, real, and written by a consumer. Some are written by automated accounts or people hired to post positive comments. Real feedback tends to sound natural and personal. It might mention something specific like the texture of a fabric, how easy the setup was, or whether support staff replied quickly.
Authentic reviews vary in tone and detail. Some are short, others long, some are full of small observations. That mix of styles feels human. On the other hand, copied or fake reviews usually repeat the same phrases or sound overly polished.
Many websites now try to identify and label suspicious posts, but readers can also help by paying attention to repetition, timing, and tone. A quick scan across different platforms usually reveals what’s genuine and what’s not.
Reading Smarter in the Online Marketplace
Reviews have become a solid foundation for how people make decisions online. They give an honest view of how something performs beyond what’s written on the label. Every comment, short or long, adds another piece to the puzzle.
More than that, reviews show how businesses handle problems, how quickly they respond, and whether they follow through on promises. They offer accountability in a world where shoppers and sellers rarely meet face to face.
Reading a handful of reviews won’t guarantee a perfect experience, but it provides helpful context. It shows what’s typical and helps people make choices with more confidence. In an online world full of noise, reviews remain one of the easiest and most reliable ways to learn from others.