Features
Pastor Rudy Fidel has had an unabiding love for Jews and Israel for over 40 years
By BERNIE BELLAN In formulating ideas for writing this particular article I spent a considerable amount of time reading materials pertaining to Christian Zionism. I admit that I am still more than a little confused when I hear devout Christians refer to their belief in “Hashem,” using the same term as one would expect to hear from someone who is Jewish.
Yet, as I read more about the long history of Christian Zionism and its various permutations I can more easily understand how someone can claim to be both a devout Christian and an ardent Zionist.
But, when you hear someone like Pastor Rudy Fidel expound upon his love for Israel, as he did to at a recent meeting of the Remis Lecture Group at the Gwen Secter Centre on October 20th, well – trying to understand Fidel’s religious orientation is no easy task.
Fidel’s love for Israel is obvious; as of the time of writing he has been to Israel 23 times, beginning in 1986. As pastor of Faith Temple for the past 40 years he has been consistent and steadfast not only in promoting support for Israel, his devotion has led to others in his church contributing hundreds of thousands of dollars to Israel.
During his talk at the Gwen Secter Centre Fidel referred to one particular couple that belongs to Faith Temple (although without divulging their names) who have purchased an astounding five ambulances for Magen David Adom, on top of which they have contributed $100,000 for Holocaust survivors.
But, when it comes to explaining what has led Fidel to harbour such a deep love for Israel and a general affinity for Jews, well, it’s not easy obtaining an answer from him for that.
In material found on the Christian Friends of Israel website, it’s noted that Fidel was mentored by Dr. Ingrid Bergner when she was Fidel’s predecessor as pastor of Faith Temple. According to the website, “Dr. Bergner visited Israel in 1967, just two weeks before the Six Day War and returned seared with a passion for this holy land…It was Bergner who mentored Rudy through his long years at Faith Temple…But he not only undertook the leadership of the church – he undertook the mantle of leading groups to Israel.”
The Six Day War, it has been observed, was not only pivotal in awakening a much closer interest and affection for Israel among many Jews, it also led to much stronger support among many branches of Protestant Christianity. For many Evangelical Christians, Israel’s lighting victory in that war was a sign that the fulfillment of the prophecy of the coming of the Messiah was at hand.
Rudy Fidel, however, simply dispenses with any talk of the return of the Messiah. Something he said to his audience at Gwen Secter when he spoke – and which I’m sure came as quite the surprise to almost everyone who was there, is that there is not a single cross on display at Faith Temple.
For that matter, if you had walked into the room not knowing that Fidel is a Christian pastor, there is almost nothing in what he said that would have made you think he is anything but Jewish.
“The only agenda I have is to love Israel,” he said. “I love Judaism.”
In 1983, Fidel said, “when I made a personal commitment to God, I went to a travel agent and got a bunch of brochures about Israel.” As was noted, that was the start not only of Fidel going to Israel as the leader of many different tour groups, it also led to him bringing other Christian pastors to Israel so that they, too, would be encouraged to bring their parishioners to Israel.
Fidel referred in particular to the example of Reverend Raymond Maclean, a Native pastor who has been to Israel an incredible 32 times.
Continuing in the vein of his admiration of the Jewish people, Fidel went on to say that his “favourite character in the Bible is Jacob. I see him in Larry Vickar, in Earl Barish, and in Alan Yusim (who was a former director of B’nai Brith Midwest Region in Winnipeg).”
It was Alan Yusim who asked Fidel to participate in B’nai Brith’s annual Holocaust week event, “Unto Every Person There is a Name,” when various individuals are invited to read out loud the names of individuals who perished in the Holocaust at a ceremony held at the Manitoba Legislature.
Fidel said he was deeply touched by that invitation, which came in 2003. He observed that the night before the ceremony, when he was practicing reading the names of those Holocaust victims so that he would not stumble over their pronunciation, he had what he described as an “epiphany.”
Developing close relationships with Jewish organizations and leaders of those organizations, such as Alan Yuism, has been key to what Rudy Fidel has strived to accomplish, he explained. He spoke particularly fondly of the friendship he and his wife, Gina, have maintained over the years with Larry and Tove Vickar, noting that friendship originated way back when a young Tove Vickar, recently arrived here from Israel, was studying English for the first time and Gina was her teacher.
Fidel observed that Larry Vickar has been generous in his support for a multitude of causes, going so far as helping “to build homes in the Philippines. He puts his heart into everything he does,” Fidel said.
So, if the Six Day War was a pivotal event for Dr. Ingrid Bergner who, in turn, imbued Rudy Fidel with an ongoing devotion to Israel, it was his later encounters with Holocaust survivors that led to another facet of his love for Jews.
In 2005, Fidel said, he was part of a March of the Living tour to Poland and Israel. When he was at Auschwitz he met a survivor by the name of Felix Opatowski, who had been an inmate in Auschwitz. Opatowski was actually a part of the group that planned on blowing up one of the crematoria at Auschwitz (until the SS learned of the plot) and, even though he was severely tortured (with all his fingernails pulled out, along with the loss of an eye and hearing in one ear), he managed to survive.
According to Fidel, Opatowski said that the “ground at Auschwitz is as holy as Eretz Yisrael ,” which didn’t go over well with Israeli authorities. But meeting Opatowski was another life-changing moment for Fidel, he explained, and one that led him on a path devoted to helping Holocaust survivors. He noted that there are still 150,000 Holocaust survivors alive in the world today and, working with an organization known as “Emunah,” which is devoted to helping survivors, Fidel has raised over $20,000 for the cause.
Not only has Fidel played a significant role in helping Holocaust survivors, he’s also long been active in helping Jews in Ukraine and in Cuba. (He noted that he’s been to Cuba eight different times, where he’s helped to forge ties with the Cuban Jewish community.)
But, after he concluded his talk, Fidel was challenged by audience members with some questions that elicited some evasive answers which might lead one to wonder just what motivates Rudy Fidel’s deep love for Jews.
One question that seemed to catch him off guard was: “Where does Jesus Christ come in?”
Fidel begged off answering, saying, “I’d rather not talk about that. Maybe it was my passion 40 years ago, but it isn’t any more.”
Another audience member, alluding to an observation Fidel had made earlier that over 150 different individuals whose last name was Fidel are recorded at Yad Vashem as having died in the Holocaust, asked whether Fidel had ever taken “a DNA test” to try and determine whether he actually had Jewish ancestry himself.
Fidel answered that he hadn’t, but it was certainly an interesting idea.
Finally, someone else asked him “Are all your congregants pro Israel?”
Fidel answered, “Most of them.”
Quite the interesting fellow – that Rudy Fidel. It’s not the first time we’ve written about him in an article for this paper, but like many other Christians who harbour a deep love for Israel and Jews in general, we certainly appreciate all that he’s done over the years to strengthen ties between Christians and Jews.
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.