Miracle Media Inc

Page 1

BC Canada

BRINGING HARMONY TO ALL THE COMMUNITIES

Volume 12 Issue 328 Rabi ul Awaal 13, 1434 AH / January 25, 2013 - $1

Bi-Weekly & Bilingual

www.miraclenews.com

Billionaires’ fortunes hinder fight against poverty, says Oxfam

Photo by Naseer Pirzada

Surrey council votes down $100M MEGA CASINO Mayor Dianne Watts defended Surrey council’s rejection of a proposed $100-million casino, saying while the hotel and conference centre offered in the proposal were desperately needed, citizens overwhelmingly felt the rural south Surrey neighbourhood was the wrong fit. Despite vocal criticism from Rich Coleman, the provincial cabinet minister in charge of gambling, Watts said council’s rejection, a 5-4 vote at 2 a.m. Saturday after a second lengthy public hearing, respected the democratic process. “I know he clearly is disappointed,” Watts said Sunday evening. “I think that the process did work and it’s about what we want in our city and how we develop it. We have to live in the city of Surrey, all of us. “And we’re elected by the residents of Surrey, you have to take that voice into consideration.” Coleman, who wasn’t available for comment Sunday, told reporters over the weekend he was disappointed and won’t be looking to other parts of Surrey for the project proposed by Gateway Casinos and Entertainment Ltd. and the B.C. Lottery Corp. The project, proposed for 12th Avenue and 168th Street, comprised a 60,000-square-foot gambling floor, 200room four-star hotel and 27,000-sq.-ft convention and entertainment centre with restaurants and lounges. Gateway had sought to move the temporary gambling licence it has for the Newton Bingo Country casino on King George Boulevard to the new facility. But many residents were worried that the casino would be built first, then used to finance later construction of the hotel and conference centre, Watts said. “When we approved the slots at Fraser Downs and the racetrack, that was the commitment, that we would have con-

vention space and a hotel, which 10 years later we’re still waiting for,” Watts said. Jim Lightbody, a senior executive of the B.C. Lottery Corp., insisted Gateway would have had to carry through on all parts of the development or face penalties. Coun. Judy Villeneuve suggested Gateway partner with Fraser Downs Racetrack and casino to build a hotel and conference centre in nearby Cloverdale, noting that part of Surrey has the infrastructure in place to service such a development. The south Surrey proposal required city approval before a gambling licence could be issued, and the public meetings drew close to 200 speakers and ran over two nights. Councillors Linda Hepner, Barbara Steele, Barinder Rasode and Tom Gill supported the project. Watts and the other four councillors — Bruce Hayne, Villeneuve, Marvin Hunt and Mary Martin — voted no. The decision followed a seven-hour hearing Friday night, during which most supporters said the project would create local jobs and bring high-end entertainment to the city, while most opponents said it would increase traffic and crime, and hurt their property values. Some 74 south Surrey residents — many of them students — opposed the casino, while 112 speakers, many of them Gateway workers bused to the hearing, spoke in favour. Lightbody had urged the city to approve the license, saying he believes the project would serve the needs of south Surrey. He noted gambling is the fifth most popular choice for entertainment among adults, behind restaurants, bars, movie theatres and live entertainment. The project, Lightbody said, has four of those choices. “What you have is all about choice,” he said.

Continued on pg 6

The vast fortunes made by the world’s richest 100 billionaires is driving up inequality and hindering the world’s ability to tackle poverty, according to Oxfam. The charity said the accumulation of wealth and income on an unprecedented scale, often at the expense of secure jobs and decent wages for the poorest, undermined the ability of people who survive on aid or low wages to improve their situation and escape poverty. Oxfam said the world’s poorest could be lifted out of poverty several times over should the richest 100 billionaires give away the money they made last year. Without pointing a finger at individuals, the charity argued that the $240bn (£150bn) net income amassed in 2012 by the richest 100 billionaires would be enough to make extreme poverty history four times over. It is rare for charities to attack the wealthy, who are usually regarded as a source of funding. Bill Gates and Warren Buffett are among a group of 40 US billionaires who have pledged much of their wealth to aid projects, but there is little detail about the level of their annual donations. Their actions have also not been matched by Russian, Middle Eastern or Chinese billionaires. In the report, The Cost of Inequality: How Wealth and Income Extremes Hurt Us All, published before the World Economic Forum in Davos next week, the charity calls on world leaders to curb income extremes and commit to reducing inequality to at least 1990 levels. The report found that the richest 1% had increased their incomes by 60% in the past 20 years, with the financial crisis accelerating rather than slowing the process. Barbara Stocking, Oxfam’s chief executive, said extreme wealth was “economically inefficient, politically corrosive, socially divisive and environmentally destructive”. She pointed to studies that show countries have suffered low levels

Continued on pg 16

Local pg 9 Liaqat A. Bajwa receives es Queen Elizabeth II Diamond Jubliee Medal

Special Fares for Pakistan by Gulf Air Line BC Reg. # 2322

1-800-663-6696


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.