Features
Young community leader calls for others to step up in countering antisemitism, Israel haters
By MYRON LOVE With incidents of Anti-Semitism growing worldwide, Candice Tenenbein is exhorting fellow Jewish Winnipeggers – and non-Jewish supporters – to step up their efforts to combat this unhinged scourge of Jew and Israel hatred.
“Antisemitism is the most virulent and oldest form of hate, and today often appears as anti-Zionism,” she says.
“Speak out. Share accurate information on social media. Have discussions with friends. Write letters to the editors. Phone or email your elected officials and ask to know where they stand. It just takes a few minutes but, if enough of us take action, we could have a significant impact.”
The other side of the coin, she notes, is to promote all the good that Israel does for people around the world from sending emergency response teams to help after natural disasters to providing world-leading technology to help people in developing countries to improve agricultural output, better care for their environments, have access to clean drinking water and improve healthcare.
“As a local Jewish community,” she adds, “we also need to explain how diverse our members are – we come from many countries (from Latin America, to Europe, to Israel, to Turkey, Iraq, Morocco and beyond) and we have members who are LGBTQ+ and BIPOC. Many of our community members are doing good in our own backyard. Newcomers, and Jews born and raised in Winnipeg, have contributed to the fabric of our society for a long time. We need to showcase these efforts for all Winnipegers to see that we are not the evil tropes that we are portrayed to be on social media.”
In her call for action, Tenenbein is leading by example. The 2017 recipient of the Harry Silverberg Young Leader of Distinction Award has played a prominent role within our Jewish community pretty much since she moved back here in 2003 after a short time living in Toronto.
Tenenbein credits her mother, the late Cheryl Arnold, for infusing her with a strong sense of Jewishness, community and Zionism. “Despite being a working single parent with three children, my mother was a member of Hadassah and National Council of Jewish Women, helped out at Ramah (where Tenenbein and her siblings went to elementary school) and was active at the Herzlia Synagogue.
Tenenbein herself was a member of BBYO in high school (Grant Park) and Hillel at university. “I used to study at the Hillel office and attended all of the Jewish programs that I could,” she recalls. While in university Tenenbein served as a student member of the University Senate. She then volunteered and worked for a Member of Parliament in both Winnipeg and on Parliament Hill in Ottawa.
After graduating from law school (at the University of Manitoba), she moved to Toronto to article at Davies, Ward, Phillips & Vineberg LLP. “I wanted to prove to myself that I could hold my own with University of Toronto graduates,” she says. “Despite it having the nickname ‘Slavies’, I loved the law firm I was working at. But I also wanted to get involved in the Toronto Jewish community and found that the community was not very welcoming. And I missed my family. So I made the decision to move home.
“Winnipeg is a wonderful place and people are a lot friendlier.”
Upon her return, Tenenbein wanted to focus her volunteer efforts in a manner that combined her interests of advocacy, politics and Judaism. She reached out to David Kroft in 2004. Upon his suggestion, she immediately became involved with the Jewish Federation of Winnipeg as a member of the JFW’s Public Affairs and Advocacy Committee (PAAC) and hasn’t looked back.
Professionally, she notes that she practiced law here at Tapper Cuddy LLP for less than two years. “Again, I loved my firm but I really did not like the business side of practicing law. I had also met my husband, Marshall, and he was in medical school. Between his studies and my schedule as a lawyer, we found it hard to make the time to build a relationship.”
When the opportunity to work at the University of Manitoba arose, she happily accepted the position as its government relations associate. After her first child, Jacob, was born, she chose to leave the workforce to become a full-time mom. But Tenenbein continued with her volunteer efforts. In fact, in addition to PAAC, she served a term as a member of the Federation’s Board of Directors in December 2011 shortly after her second son, Ethan, was born. In December 2018, she became co-chair of PAAC and a Federation executive committee member.
“When I was first asked to chair the committee (PAAC), I had a number of family commitments that prevented me from taking on the position,” she says. A year later when asked again, she agreed to come on, but initially in a co-chair fashion. “Laurelle Harris agreed to remain as co-chair with me. She was amazing.”
After a year, Harris stepped down, leaving Tenenbein in charge.
So what is PAAC’s mandate? “We reach out to media and elected officials at all levels of Canadian government regarding domestic and foreign-policy issues affecting Israel and the local Jewish community,” Tenenbein responds. “We are active Israeli advocates and fight antisemitism. We work to encourage people to become lay advocates in speaking for Israel and against antisemitism.
“We also provide community relations and outreach, working to build bridges with other ethnic minority and religious communities,” she adds, citing, for example, the Christian Zionist Bridges for Peace and the Indigenous communities.
In addition to her work with the PAAC, Tenenbein also served for three years as chair of PJ Library Winnipeg and recently ended a seven-year term as a member of the Women’s Endowment Committee at the Jewish Foundation of Manitoba. She is currently a member of the Board of the Jewish National Fund of Canada, Manitoba and Saskatchewan division and is the Chair of the Winnipeg Chavurah Chapter of the Canadian Jewish Political Affairs Committee.
And she and Marshall are determined to inculcate in their sons the same strong sense of connection to the Jewish people that they feel. Jacob and Ethan are going into Grades 7 and 5 respectively at Gray Academy in September. This summer the boys are attending Rady Camp at the Rady JCC and Jacob is currently at BB Camp in Kenora.
“It is important to us that our sons are proud to be Jewish and feel connected to our community. We love that Gray Academy provides our children with a religious education while also teaching them to become strong advocates through its Israel education and debating programs. Unfortunately in today’s world, these skills will be important and necessary assets when our boys reach university where antisemitic culture is prevalent.” Tenenbein says.
As to visiting Israel, although she was one of the participants on the first Birthright trip to Israel in 2000, she regretfully has not yet been able to return.
“Going on Birthright was life-changing,” she says. “I would not have gotten on my return flight had it not been for my family here.”
She says that she is hoping one day to organize and go on a community-run Federation or JNF family mission. “We could go on our own,” she comments, “but we believe that a JNF or Federation tour would be more meaningful.
“Once it’s built, I would really like to see the Beit KKL-JNF Canada House (which is being partially funded by monies raised at the most recent JNF Gala honouring Dr. Ted Lyons).
“Canada House,” she explains, “will serve as an after-school education, empowerment, and enrichment centre for high school students from Sderot and its surroundings. The students will be provided with the necessary tools and skills for scholastic and personal success in an engaging learning hub and an inviting, yet fortified, “second home” atmosphere. It is a phenomenal project that might work in Winnipeg for at-risk youth, too.”
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.