 By Staff
October 29th, 2024
BURLINGTON, ON
Their first really sold kick at the 2025 budget is concise and direct. BRAG – Burlington Residents’ Action Committee picks it’s way through the 2025 Budget showing a significant number of errors in mathematics.
 BRAG member Eric Stern and the rest of the team are going over the budget with a fine tooth comb – lots of cooties. BRAG Budget Summary
Highlights:
Page 17 shows that the “Net City Tax Levy” is increasing by 8.3%.
Page 27 shows that Burlington’s portion of our tax bill is increasing by 7.5%.
Why is spending increasing 8.3% and property taxes 7.5%? We believe the difference is being made up for by property tax revenue from the new homes and condos that will start paying taxes in 2025. So far, we have not been able to find an explanation for this difference in the budget document.
The number of new full-time employees the city will be hiring in 2025 is 29, a 2.5% increase in full-time head count.
The average salary increase, for existing full-time employees, 2024 to 2025, appears to be 5%. The Bank of Canada is expecting inflation to be in the 2% range in 2025.[I] We’ll have to wait for the Sunshine list to be published in 2025 to see what the raises were like following 2024’s 10.21% budget increase.
Pages 9 and 10
These pages show selected results from the online survey conducted by the city.
This quote is from the survey: “As we plan this year’s budget, we’re facing inflation, much like our residents and local businesses. Our 2025 forecast predicts a total tax increase of 5.5%, with 1% for Halton Region services, 4.5% for Burlington services, and no change for education.”
Would the results have been different if the city had clearly stated a budget increase of 8.3%?
Page 21
Some of the calculations on this page have errors.
Looking at the first box on the right, the numbers shown add up to 142,457 not 140,514,298. Residents should not have to make assumptions about the numbers in the budget but, if we assume the city meant 140,514, meaning they simply forgot to convert the number to thousands, there is still a difference of $1,943,000 when dealing with the actual numbers ($142,457,000 – $140,514,298).
Looking at the middle box on the right. The numbers add up to 37,695, not the 37,191,580 shown. If we again assume the number should be in thousands at 37,191, the difference is still $504,000 (in real terms).
The bottom box is in the other benefits and allowances section. The numbers add up to 1,325. At least the difference, after making assumptions, is only about $7,000.
 When you add up the numbers, from the city, in the total budget column the total comes to $179,023,828 not the $181,476,000 shown in the chart. The incorrectly stated numbers in the city’s chart do not add up to the total shown in the city’s chart.
Page 24
Reserve and Reserve Funds
This chart shows the total, uncommitted, and committed reserve funds by year. Read BRAG’s comment in the blue box. Based on the information in this graph it is impossible to tell how much money is in the reserve funds.
Page 25
Reserve and Reserve Funds Continued. The committed value shown on the chart above, from page 24, for 2025 does not match the committed balance we calculate using the information provided on page 25. We took the amount in the balance column and subtracted the amount in the uncommitted balance column to calculate the committed balance. You can see the committed balances in the blue boxes.
The total committed balances on this page are $104,951,043 not the $167,000,000 shown in the chart on page 24.
What are we left with? We are left with questions.
1 – Are these errors acceptable and what other errors are in the document?
2 – Does this call into question the integrity of the entire document?
3 – This is the first detailed budget document the public has been allowed to see, based on the quality of this document public input is essential.Why were the mayor’s engagement sessions held before a draft version of the budget was released?
4 – Do residents have to cross-check every column and every total in the budget document?4 –
Under strong mayor powers this is the mayor’s budget – is she responsible and accountable?
Will bonus payments be withheld from those who signed off on this document?
You might want to consider becoming a supporting member of BRAG – they have served taxpayers well.
[i] Bank of Canada Inflation forecast – https://www.bankofcanada.ca/publications/mpr/mpr-2024-10-23/
 By John Portside
October 28th, 2024
BURLINGTON, ON
This information is not professional investment advice. Investors are advised to do their own research into individual stocks before making an investment decision.
The five stocks with the largest dollar value of insider acquisitions in the public market are:
|
| Asante Gold Corporation —–Buy Quantity: 446,800 Average cost: $1.35 Total: $602,041.16 |
| Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
| Easah, Malik Mohammed |
4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
10-25-24 |
100,000 |
$1.34 |
$133,670.00 |
| Easah, Malik Mohammed |
4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
10-24-24 |
166,400 |
$1.34 |
$223,175.68 |
| Easah, Malik Mohammed |
4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
10-23-24 |
106,800 |
$1.36 |
$144,959.64 |
| Easah, Malik Mohammed |
4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
10-22-24 |
73,600 |
$1.36 |
$100,235.84 |
|
| GOLDSHORE RESOURCES INC. (formerly Sierra Madre Developments Inc.) —–Buy Quantity: 426,500 Average cost: $0.36 Total: $153,742.60 |
| Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
| Lutry Investments Limited |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
10-24-24 |
118,000 |
$0.37 |
$43,176.20 |
| Lutry Investments Limited |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
10-23-24 |
308,500 |
$0.36 |
$110,566.40 |
|
| Canadian National Railway Company —–Buy Quantity: 1,000 Average cost: $153.37 Total: $153,368.83 |
| Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
| Freeman, David Lund |
4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
10-24-24 |
1,000 |
$153.37 |
$153,368.83 |
|
| Greenridge Exploration Inc —–Buy Quantity: 250,000 Average cost: $0.60 Total: $150,000.00 |
| Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
| Starr, James Russell |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
10-25-24 |
250,000 |
$0.60 |
$150,000.00 |
|
| Koryx Copper Inc. (formerly Deep-South Resources Inc.) —–Buy Quantity: 100,000 Average cost: $0.98 Total: $97,730.00 |
| Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
| Daun, Heye Edmund |
4 – Director of Issuer, 5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
10-25-24 |
37,500 |
$1.01 |
$37,855.00 |
| Daun, Heye Edmund |
4 – Director of Issuer, 5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
10-24-24 |
62,500 |
$0.96 |
$59,875.00 |
The five stocks with the largest dollar value of insider dispositions in the public market are:
|
| Tantalex Lithium Resources Corporation —–Sell Quantity: -540,000 Average cost: $2,962.98 Total: -$1,600,010,000.00 |
| Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
| Musk Ventures Ltd. |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
10-25-24 |
-540,000 |
$2,962.98 |
-$1,600,010,000.00 |
|
| VersaBank —–Sell Quantity: -25,600 Average cost: $20.17 Total: -$516,241.56 Options Issued: 12,500 Average cost: $15.90 Total: $198,750.00 |
| Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
| Clarke, Robert Shawn |
5 – Senior Officer of Issuer |
51 – Exercise of options |
10-24-24 |
12,500 |
$15.90 |
$198,750.00 |
| Clarke, Robert Shawn |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
10-22-24 |
-12,500 |
$20.27 |
-$253,356.00 |
| Clarke, Robert Shawn |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
10-23-24 |
-5,000 |
$19.89 |
-$99,427.56 |
| Kristo, Nikola |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
10-24-24 |
-8,100 |
$20.18 |
-$163,458.00 |
|
| McCoy Global Inc —–Sell Quantity: -108,679 Average cost: $3.53 Total: -$383,636.87 |
| Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
| Cannell Capital LLC |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
10-25-24 |
-108,679 |
$3.53 |
-$383,636.87 |
|
| Platinum Group Metals Ltd —–Sell Quantity: -82,466 Average cost: $2.75 Total: -$226,581.50 Options Issued: 100,587 Average cost: $1.81 Total: $182,062.47 |
| Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
| Blair, Gregory Edward |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
10-23-24 |
-200 |
$2.60 |
-$520.00 |
| Blair, Gregory Edward |
5 – Senior Officer of Issuer |
51 – Exercise of options |
10-24-24 |
11,963 |
$1.81 |
$21,653.03 |
| Blair, Gregory Edward |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
10-24-24 |
-15,000 |
$2.78 |
-$41,700.00 |
| Fernandez-Maldonado, Vilma |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
10-24-24 |
-6,000 |
$2.86 |
-$17,160.00 |
| Hallam, Frank |
4 – Director of Issuer, 5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
10-23-24 |
-60,000 |
$2.60 |
-$156,000.00 |
| Hallam, Frank |
4 – Director of Issuer, 5 – Senior Officer of Issuer |
51 – Exercise of options |
10-24-24 |
84,523 |
$1.81 |
$152,986.63 |
| Harshaw, Stuart |
4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
10-24-24 |
2,734 |
$0.00 |
-$1.50 |
| Harshaw, Stuart |
4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
10-25-24 |
-4,000 |
$2.80 |
-$11,200.00 |
| Walters, Diana |
4 – Director of Issuer |
51 – Exercise of options |
10-24-24 |
4,101 |
$1.81 |
$7,422.81 |
| Walters, Diana |
4 – Director of Issuer |
11 – Acquisition or disposition carried out privately |
10-24-24 |
-4,101 |
$2.75 |
-$11,277.75 |
|
| Discovery Silver Corp —–Sell Quantity: -145,000 Average cost: $1.02 Total: -$148,350.00 Options Issued: 145,000 Average cost: $0.65 Total: $94,250.00 |
| Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
| Gemmell, Forbes |
5 – Senior Officer of Issuer |
51 – Exercise of options |
10-23-24 |
95,000 |
$0.65 |
$61,750.00 |
| Gemmell, Forbes |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
10-23-24 |
-95,000 |
$1.03 |
-$97,850.00 |
| Gemmell, Forbes |
5 – Senior Officer of Issuer |
51 – Exercise of options |
10-24-24 |
50,000 |
$0.65 |
$32,500.00 |
| Gemmell, Forbes |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
10-24-24 |
-50,000 |
$1.01 |
-$50,500.00 |
 By Ray Rivers
October 26th, 2024
BURLINGTON, ON
Yesterday I cancelled my subscription to the Washington Post. In this, I’m joining many other journalists upset at the decision of the Post’s owner Amazon’s Jeff Bezos to ignore the advice of his editorial staff and make a political statement by pulling the plug on the decade’s long established practice of endorsing a candidate for presidency of the United States of America.
There is an argument, with which I agree in principle, that the news media should remain neutral and not be picking horses. But that stable burned down decades ago when former president Ronald Reagan scrapped the ‘fairness doctrine’ requiring broadcasters to be somewhat balanced in their reporting.
 That opened the door and unleashed talk-radio for hate mongering rants, and Fox and MSNBC to promote their respective partisan sides; and eventually paved the way for the various social media to broadcast ‘alternate facts’ and repeat them as if they were true. And all this has made partisan politics in America as nasty and solidified as it is today.
Bezos claiming he is reverting to neutrality is a thin excuse. And the timing of the 11th hour decision to override and shut down the editorial folks at the Post, who had already sculpted their endorsement, stinks to high heaven. The Post’s announcement comes on the heel of a similar policy change at the Los Angeles Times prompting their editorial chief to resign in protest.
Were these decisions, at this late date, made because the race has become a coin toss with Trump now gaining the momentum? Was fear of recrimination should he win the real reason why these American publishing giants chickened out? Both of these papers have been very critical of the Trump candidacy in their coverage – primarily because of his incessant lies, the nasty, crude personal attacks and because he was outed as a fascist.
After all, Trump had ranted about revoking the broadcasting license of CBS just because he didn’t like the 60 minutes episode featuring VP Harris. So what would he do to the Post and its owner if he wins? Recall that Trump has been given carte blanch immunity by his Supreme Court for whatever he chooses to do once elected president. And journalists feature high on his enemies list.
Trump is the candidate of the rich and famous, promising further tax cuts as he clings to the false promises of Ronald Reagan’s trickle down economic theory. Isn’t that why Elon Musk has come to his side, bringing his wealth and the weight of his X social media platform with him? Trump demands and rewards personal loyalty.
 Harris is a law and order, rules based, candidate who has talked about breaking up the large corporations and conglomerates and further taxing the wealthy. She argues that good fences make better neighbours and good regulations are good for the economy and us all. In essence, she has promised to steal from the rich and give to the (working) poor, the middle class, a modern day Robin Hood. That is a noble mission but it is easy to understand why Bezos’s, like Musk could be having second thoughts.
 History informs us of what happened to the free press when Hitler took power in Germany. Would an American fascist with unlimited power want to do the same thing? I guess American voters will have to make that call. And this time without the endorsement of a candidate by the Washington Post. As is the Post’s motto, Democracy dies in darkness.
 Ray Rivers, a Gazette Contributing Editor, writes regularly applying his more than 25 years as a federal bureaucrat to his thinking. Rivers was once a candidate for provincial office in Burlington. He was the founder of the Burlington citizen committee on sustainability at a time when climate warming was a hotly debated subject. Ray has a post graduate degree in economics that he earned at the University of Ottawa. Tweet @rayzrivers
Background Links:
Washington Post Endorsement More Post Fairness Doctrine –
 By Pepper Parr
October 26th, 2024
BURLINGTON, ON
Things were really brutal in Ottawa on Friday – the Liberals met as a caucus and gave the Prime Minister until the 28th, to give up his job and let the party choose a new leader to face the public not later than October 20, 2025.
Exciting stuff. My thinking was that the kid would hang in and face Pierre Poilievre in a federal election. Justin Trudeau is a great campaigner – he knows how to work a crowd and he loves being out there.
 Mark Carney in conversation with Nate Erskine-Smith. For lifelong Liberals he was the only choice; yes there are a handful that would want to run for the Liberal leadership if the job was available.
Not much time to hold a leadership convention – and is there a candidate that could, in my view win an election.
 Mark Carney Mark Carney, Governor of the Bank of Canada as well as Governor of the Bank of England has been touted as a good choice. My view was that he was unknown and untested and that it would be hard to see him as a solid retail politician who would excel on the hustings.
 Did you read his book? Values, it isn’t exactly a page-turner.
Yesterday I watched Mark Carney’s hour-long conversation with Nate Erskine-Smith. That conversation changed my mind.
First Carney knew his stuff – but more than that he was relaxed as he answered the questions – didn’t evade and came across as someone you would trust. Not a lot in the way of ego either.
But that is my opinion – what I’d like you to do is listen to the guy and make up your own mind. This guy is no push over and he knows that the problems we face are going to take time and money to resolve.
Does Carney want to be a candidate? I thought I heard Nate say he was prepared to canvas for Carney in the Spadina Waterfront riding when the election is called.
The conversation is HERE
Few will put in a full hour to hear what Carney has to say – but dip into the interview and listen. It would be really hard for the Liberals to do better. What drives the Gazette is the belief that: “Informed people can make informed decisions.”
Salt with Pepper is an opinion column reflecting the observations and musings of the publisher of the Gazette, an on-line newspaper that is in its 12th year as a news source in Burlington. The Gazette is a member of the National Newsmedia Council.
 By Connor Fraser
October 26th, 2024
BURLINGTON, ON
Connor Fraser, a nomination contestant for the Conservative Party of Canada in the federal riding of Burlington, is inviting his two opponents, Emily Brown and Shaheryar Mian, to participate in a public debate.
 Connor Fraser  Emily Brown  “I am running on a platform of promoting greater competition in all domains within Canada. Competition in markets drives down prices and gives people more options, whether it’s at the pump, the grocery store, when choosing an airline ticket, or accessing banking services. But competition in politics is equally important. Our country has a dangerously low level of political competition, resulting in fewer choices for voters and fostering a culture of gatekeeping and patronage,” Connor said.
Fraser emphasized that his goal is to provide Burlington’s Conservative members with a platform for informed decision-making. “A robust, open debate will ensure members can make the best choice for our community and party,” he added.
Fraser believes a public debate will allow members to evaluate each candidate’s vision and readiness to represent Burlington in Ottawa, ensuring the strongest possible candidate is chosen.
As a neutral third-party organization unaffiliated with any nomination campaign, Connor is calling upon the Burlington Conservative Association to select a venue, appoint a moderator, and invite registered Conservative members from Burlington to attend.
Fraser’s campaign team has identified several venues, available to host a debate for 200+ attendees from 7 to 9 PM on the following dates:
Holiday Inn Burlington (3063 S. Service Road, L7N 3E9)
Tuesday, November 5
Wednesday, November 13
Burlington Convention Centre (1120 Burloak Drive, L7L 6P8)
Tuesday, November 5
Wednesday, November 6
Tuesday, November 12
Wednesday, November 13
Fraser hopes this debate will promote transparency and healthy competition, while also preparing the chosen candidate to effectively challenge incumbent MP Karina Gould in the general election.
“I’m ready to stand before Conservative members and demonstrate why I’m the best choice to represent Burlington in Ottawa. I challenge my opponents to meet me in this debate—let’s give our members the full transparency, competition, and leadership they deserve.”
 By Staff
October 25th, 2024
BURLINGTON, ON
The 2025 Budget book is out.
The first thing you notice is that isn’t that much smaller than the 2024 Budget – we already feel for Councillor Angelo Bentivegna who struggles with Budget books.
The public was promised a smaller Budget book – 614 pages this year; 780 last year.
The Mayor made an appearance in every ward to talk about the budget – the problem was that these events took place before the budget was released – the public had nothing to use as a reference.
The word “impact” gets used often – problem – -there isn’t a definition for a “budget impact”. No idea what it means – the impact is different for every tax payer. Some would prefer that there be no impact but that isn’t going to happen.
 Eric Stern. Part of the BRAG community group with a copy of the 2025 Budget Book – pointing out that it is a “proposed” budget. BRAG wants to see lower taxes and less spending. BRAG – the Burlington Residents’ Action Group has a team of people who will be going through the 615 pages and commenting in depth on various spending areas.
The document goes to Council on November 4th
The schedule that gets to the point where the tax rate will be known is set out below.
Oct. 25, 2024
Mayor’s Proposed Budget Report has been shared with the community and posted on this page.
November 4, 2024 Budget is on the Council agenda. 7:00- 8:30 p.m.
Register to delegate (speak at the meeting)(External link) by 12:00 noon on November 1.
November 7, 2024 – Telephone Budget Town Hall
Hosted by Mayor Meed Ward, the telephone town hall provides the public with the opportunity to ask their questions about the proposed 2025 budget.
How to Participate
Burlington residential phone numbers will be randomly selected to be part of the telephone town hall. If you would like your number to be added to the call-out list or the do-not-call list, please email getinvolved@burlington.ca(External link). by 1 pm Nov 7.
November 11, 2024 – Motion Memorandums (to propose amendments to Proposed Budget) due to Finance by 4:30 pm
November 18 & 21, 2024 Committee review of Proposed Budget, amendments proposed via Motion Memorandum process
November 25, 2024 Council review of Proposed Budget
Related news story:
What was promised earlier in the year wasn’t delivered today
 By Staff
October 25th, 2024
BURLINGTON, ON
Mayor Meed Ward has announced that her Speaker Series is back.
Next month’s theme is “Growth Is Coming”: What’s In It For You?
 Burlington is expected to grow to 265,000 people by 2051—how will we manage this growth while maintaining our quality of life and ensuring no one is left behind?
Join the Mayor and industry experts for an insightful panel discussion and Q&A on how we can meet the challenges of growth and build a better future for everyone.
WHEN: November 12th, 2024
DOORS & TRADESHOW: 6 PM
PANEL: 7 PM
LOCATION: The Burlington Performing Arts Centre
Don’t miss this opportunity to learn and engage.
Register here: burlingtonpac.ca/events/mayors-speaker-series/
By Staff
October 25th, 2024
BURLINGTON, ON
 Not exactly a strong political statement about the current economy. Ontario had 13,400 fewer manufacturing jobs in September 2024 than June 2018, when Doug Ford’s Ontario PCs took power with a “guarantee” to bring back the 300,000 manufacturing jobs lost during the Liberal era.
From providing 14.7 per cent of all jobs in August 2004, Ontario’s manufacturing sector employed only 8.7 per cent of jobs in September 2024.
The number of manufacturing jobs has fallen from 1.818 million in June 2018 to 1.805 million in September 2024 despite 1.6 million more employed Ontario workers.
“You shouldn’t have to wait weeks to see a doctor. You shouldn’t have to be stuck in traffic for hours every single night,” Ford told Ontarians in 2018. “This province has lost over 300,000 manufacturing jobs, and we will get them back. I guarantee you.”
 A couple of boys – pleased as punch with the budget they have produced – Data Shows that the economy has the province on the wrong side of the equalization payments Ottawa males to the provinces. Ontario has recently resorted to offering massive corporate subsidies to attract manufacturing jobs. The federal and provincial governments have together provided over $52 billion in public subsidies, over $20 billion from Ontario, to bring $46 billion in private investment to Ontario to develop an electric vehicle supply chain, according to a June 2024 report from the Parliamentary Budget Office.
Economic malaise turns Ontario into a have-not province
From 1975 to 2005, only on the most rare occasion did Ontario have an unemployment rate higher than the national average. But as Ontario’s manufacturing collapsed the province’s unemployment ran higher than the national average from 2005 to 2015.
After a brief return to lower than national rates from 2015 to 2020, emerging from the COVID recession Ontario’s unemployment rate has been higher than the national rate for 48 of the past 53 months, according to Statistics Canada.
In addition to his “guarantee” to create 300,000 manufacturing jobs, other big promises by Doug Ford to spur Ontario’s economy have not panned out.
A promise to create jobs through building 12,500 new housing units per month has fallen flat. Only 206,000 new housing units have been started since June 2018, 144,000 less than the 350,000 promised 28 months ago, CMHC data shows.
A promise to develop the ring of fire hasn’t put any shovels into the ground, instead stalling in court as First Nations, under whose traditional territories the minerals lie, allege the Ford government has failed to consult.
A pledge to stop skyrocketing electricity prices that drive away jobs has only been kept by pumping over $6 billion of public subsidies each year into Ontario’s power system.
Ontario’s ongoing economic malaise has changed the province from contributor to confederation to a have-not province that will receive $576 million in equalization payments in 2024-25.
The data and the content of this article came from DATA SHOWS, an organization that does economic research and analysis – they can be reached at: https://tparkin.substack.com
 By StaffOctober 25th, 2024
BURLINGTON, ON
Evening council meetings are possible. As rare as these types of Council meetings are, the city has found a way to hold one—not to discuss and debate the city’s business, but to give the Mayor and Council to take part in eight photo ops.
October 29, 2024, 6:30 PM to 10:00 PM
Special Meeting of Council
Civic Recogniton Ceremony – The city will recognize the following people and or groups. Why these ones? The Mayor will explain when she calls the meeting to order.
Al, Tina and Ty Price
The Pink Project
By Jim Portside
October 25th, 2024
BURLINGTON, ON
This information is not professional investment advice. Investors are advised to do their own research into individual stocks before making an investment decision.
Insider Trading explained.
The five stocks with the largest dollar value of insider acquisitions in the public market are:
|
| Gold Reserve Ltd —–Buy Quantity: 50,000 Average cost: $3.39 Total: $169,601.25 |
| Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
| Camac Partners, LLC |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
10-24-24 |
50,000 |
$3.39 |
$169,601.25 |
|
| Zedcor Inc —–Buy Quantity: 44,000 Average cost: $2.63 Total: $115,720.00 |
| Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
| Doenz, Kyle Jay Cammann |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
10-23-24 |
44,000 |
$2.63 |
$115,720.00 |
|
| Yorbeau Resources Inc —–Buy Quantity: 1,200,000 Average cost: $0.04 Total: $54,000.00 |
| Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
| Gélinas, Henri |
4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
10-23-24 |
1,200,000 |
$0.04 |
$54,000.00 |
|
| Cerro de Pasco Resources Inc. (formerly Genius Properties Ltd.) —–Buy Quantity: 171,000 Average cost: $0.31 Total: $53,574.30 |
| Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
| 2176423 Ontario Ltd. |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
10-24-24 |
171,000 |
$0.31 |
$53,574.30 |
| Sprott, Eric |
3 – 10% Security Holder of Issuer |
16 – Acquisition or disposition under a prospectus exemption |
10-24-24 |
171,000 |
$0.31 |
$53,574.30 |
|
| Quebec Innovative Materials Corp. (formerly Quebec Silica Resources Corp.) —–Buy Quantity: 84,500 Average cost: $0.39 Total: $33,200.05 |
| Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
| Karagiannidis, John Ioannis |
4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
10-24-24 |
84,500 |
$0.39 |
$33,200.05 |
The five stocks with the largest dollar value of insider dispositions in the public market are:
|
| VersaBank —–Sell Quantity: -8,500 Average cost: $20.09 Total: -$170,729.00 |
| Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
| Hodge, Brent Tyler |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
10-22-24 |
-5,000 |
$20.26 |
-$101,324.00 |
| Kristo, Nikola |
5 – Senior Officer of Issuer |
90 – Change in the nature of ownership |
10-23-24 |
0 |
$0.00 |
$0.00 |
| Kristo, Nikola |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
10-23-24 |
-2,700 |
$19.82 |
-$53,525.00 |
| Kristo, Nikola |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
10-24-24 |
-800 |
$19.85 |
-$15,880.00 |
|
| Oceanic Iron Ore Corp —–Sell Quantity: -165,000 Average cost: $0.20 Total: -$32,175.00 |
| Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
| Keep, Gordon |
4 – Director of Issuer, 5 – Senior Officer of Issuer |
36 – Conversion or exchange |
10-22-24 |
75,000 |
$0.00 |
$0.00 |
| Keep, Gordon |
4 – Director of Issuer, 5 – Senior Officer of Issuer |
54 – Exercise of warrants |
10-22-24 |
90,000 |
$0.00 |
$0.00 |
| Keep, Gordon |
4 – Director of Issuer, 5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
10-22-24 |
-165,000 |
$0.20 |
-$32,175.00 |
|
| New Stratus Energy Inc. (formerly Red Rock Energy Inc.) —–Sell Quantity: -28,501 Average cost: $0.47 Total: -$13,449.74 |
| Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
| Miranda, Mario Alejandro |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
10-22-24 |
-18,065 |
$0.47 |
-$8,490.55 |
| Miranda, Mario Alejandro |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
10-23-24 |
-10,436 |
$0.48 |
-$4,959.19 |
|
| Tantalex Lithium Resources Corporation —–Sell Quantity: -481,000 Average cost: $0.02 Total: -$10,025.00 |
| Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
| Musk Ventures Ltd. |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
10-23-24 |
-202,000 |
$0.02 |
-$4,040.00 |
| Musk Ventures Ltd. |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
10-24-24 |
-279,000 |
$0.02 |
-$5,985.00 |
|
| Molten Metals Corp —–Sell Quantity: -9,000 Average cost: $0.38 Total: -$3,380.00 |
| Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
| Ecclestone, Christopher |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
10-23-24 |
-9,000 |
$0.38 |
-$3,380.00 |
 By Julieta Belen Correa
October 25th, 2024
BURLINGTON, ON
Women are making significant progress in the gaming industry by driving forward innovation and transformation. Their influence is reshaping not just the gaming experience but also the business landscape. Discover how female leaders are at the forefront of this change, setting new standards and inspiring future generations.
The Rise Of Female Leaders In Casinos
In recent years, women have increasingly taken on leadership roles within the casino industry, bringing fresh perspectives and creative strategies. This shift has changed the way casinos operate and introduced new approaches to customer engagement and technology integration. The introduction of blockchain technology along with the development of crypto casinos and online platforms such as Toonie bet showcase the innovation possible.
By challenging stereotypes and breaking down barriers, these trailblazers are setting a precedent for future generations of female leaders in gaming, and the technologies that underpin it.
Notable women that are pushing blockchain and cryptocurrencies, and by extension the online casinos using them, are:
 Meltem Demirors Meltem Demirors is Chief Strategy Officer at CoinShares. Demirors speaks regularly on topics related to the cryptocurrency space and crypto education and is a proponent of the mainstream adoption of digital assets.
Preethi Kasireddy is a former engineer at Coinbase and founder of DappCamp. Kasireddy is interested in blockchain technology education and empowering future developers.
Alyse Killeen is a managing Partner at StillMark. Killeen is focused on investment in blockchain technology, emphasizing the importance of women’s involvement in the industry.
Innovative Strategies Transforming Gaming
The impact of women in leadership roles is evident through the numerous innovations being implemented in casinos worldwide. With a focus on leveraging technology to enhance user experiences, female executives are spearheading projects that incorporate virtual reality, mobile gaming apps and personalized customer service solutions. These advancements not only attract a more diverse clientele but also ensure that gaming remains an inclusive and engaging activity for everyone. By prioritizing sustainability and responsible gaming practices, women are paving the way for a more ethical and socially conscious industry.
Empowering Future Generations
As more women ascend to influential positions within the casino industry, they serve as role models for young women aspiring to enter this field. By sharing their experiences and successes, these leaders inspire others to pursue careers in areas traditionally dominated by men. Mentorship programs and initiatives supporting female professionals are increasingly common, providing valuable resources and networks that foster growth and development. This empowerment not only benefits individual careers but also enriches the industry by encouraging diversity and innovation.
Organizations Supporting Women In The Technologies Required To Upgrade The Casino Industry:
 A girl who can code. Women in Blockchain: A community aimed at promoting women’s participation in the blockchain space through networking events, mentorship and educational initiatives.
Girls Who Code: The organization helps young women gain skills in technology, including blockchain and crypto development.
She256: Is a nonprofit organization dedicated to promoting diversity within the blockchain and crypto community, providing resources, mentorship and networking opportunities.
In Summary
 Critical skill: Being able to analyze data and arrive at conclusions – women are playing this role in the gaming industry. Diversity plays a crucial role in driving innovation within any industry, and the casino sector is no exception. The unique insights brought by women in leadership positions contribute to a broader understanding of customer needs and market trends. By fostering an inclusive environment where diverse voices are heard, casinos can develop products and services that resonate with a wider audience and take advantage of technological innovations such as blockchain and cryptocurrencies. This approach enhances profitability and ensures long-term success by adapting to changing consumer demands. Embracing diversity leads to more creativity, problem-solving and growth.
By Staff
October 24th, 2024
BURLINGTON, ON
The unit is listed at 2,940 sq. ft of space.
Property Taxes – $27,948.58 a year, Maintenance Fees – $46,800.00 a year. That comes to a little over $6,000 a month: the unit includes 4 parking spots.
And where is this property?
 High in the sky – all yours for $4,999,900  The collection of guitars might be a clue as to who owns the suite. The balcony is bigger than some of the starter condos on the market.  The bathroom. Burlington – the best mid-sized city in the country!
 By Staff
October 24th, 2024
BURLINGTON, ON
Do people know about Canada’s place in the global refugee crisis? Canada has had a mixed record in welcoming refugees
Through images, soundscapes, first person accounts and artifacts, this powerful exhibition begins “no one wants to be a refugee, anyone could become a refugee.” Moving through major waves of arrival from the Second World War era up to the present day, Refuge Canada does not shy away from opportunities to portray the darker chapters of history. Hopeful stories of optimism and success are balanced by moving accounts of shattered lives, fear, and examples of Canada’s mixed record in welcoming refugees.
 The exhibition will draw visitors through its five themes: Life Before, Fear, Displacement, Refuge and Life in Canada, with hands-on opportunities to connect with the content. Crawl inside a UNHCR tent, or find room in an inflatable boat similar to those used by refugees fleeing from Turkey to Greece. Look out a plane window as the shores of Canada approach and listen to refugees tell their stories throughout the exhibit. Refuge Canada will challenge and inspire as it brings visitors on a journey from darkness to hope, always calling into question preconceptions about what it means to be a refugee.
“Canada has had a mixed record in welcoming refugees, reacting generously to some while overlooking others. Refuge Canada provides the context for Canada’s place in the global refugee crisis and brings to light the challenges faced by refugees in Canada. The exhibition also shares stories of success and contributions made by people who came to Canada as refugees. ” – Dan Conlin, Curator, Canadian Museum of Immigration at Pier 21
As Canadians become increasingly aware of the current global refugee crisis, Refuge Canada is an opportunity to gain historical context. Refuge Canada was produced by the Canadian Museum of Immigration at Pier 21.
Joseph Brant Museum is open Tuesday – Saturday, 10am to 4pm. To learn more, visit museumsofburlington.ca/exhibition/refuge-canada. Thank you to our special exhibition sponsors: TD Bank and the Burlington Museums Foundation.
Film Screening: Peace by Chocolate
The award winning film “Peace by Chocolate” will be showing at Joseph Brant Museum. After the bombing of his father’s chocolate factory, a charming young Syrian refugee struggles to settle into his new Canadian small-town life, caught between following his dream to become a doctor and preserving his family’s chocolate-making legacy. Based on the internationally recognized true story. “A heartwarming tale of triumph over adversity” – Chris Knight, National Post
Tickets are $15/adult, $12/children (12 and under) and include admission to the galleries. Peace by Chocolate merchandise will be available in the Gift Shop for purchase. Doors open at 6pm to view the special exhibition “Refuge Canada”.
Film begins at 7pm, 96 minutes long. Seating is limited, visit museumsofburlington.ca/exhibition/refuge-canada to reserve a seat.
Film Screening Dates: November 14, December 12, January 9, February 13, March 13, April 10
 By Staff
October 23rd, 2024
BURLINGTON, ON
Hamilton Health Sciences (HHS) is opening new respiratory syncytial virus (RSV) clinics this fall for all eligible babies. The clinics will be held at McMaster Children’s Hospital (MCH) and West Lincoln Memorial Hospital (WLMH).
 Earlier in October, MCH began administering nirsevimab (brand name Beyfortus®) to high risk babies. These were some of the first babies in Ontario to receive Beyfortus, which is a long acting monoclonal antibody that provides passive immunity against RSV, protecting babies from severe illness. Pictured is Jack with his mom, receiving his injection from Fiona Guy, Registered Nurse & RSV Clinic Coordinator at MCH – https://hhsc.box.com/s/fgytnj18ru4euvcouqn0xo7hqvtoyoxq.
As of Monday November 4, Beyfortus will be available for all eligible babies at MCH and WLMH:
- Babies born during this year’s RSV season (October to March) can receive Beyfortus® soon after birth, before going home from the hospital.
- Babies born within this calendar year (2024) can receive Beyfortus® in one of the clinics located at MCH or WLMH.
- Infants older than one year who have certain high-risk medical conditions may also be eligible to receive Beyfortus® in the clinic located at MCH.
Families/caregivers of babies who are eligible can contact the McMaster Children’s Hospital clinic at 905-521-2345 and the West Lincoln Memorial Hospital clinic at 905-945-2253, ext. 11401 and leave a message to schedule an appointment. A member of clinic staff will return your call to book the appointment.
RSV is a common virus that can cause serious lung infections, especially in infants and young children. While most kids have mild symptoms, some can get very sick with conditions like bronchiolitis or pneumonia. These serious infections can make it hard to breathe and may result in the need for hospital admission.
 “RSV is the most important cause of respiratory disease in newborns and infants and is directly responsible for how busy children’s hospitals and wards get in the winter. This is an unbelievable opportunity for all eligible children to get access to medicine that can very effectively prevent RSV,” says Dr. Jeffrey Pernica, infectious disease specialist at MCH.
For more information on RSV and the clinics, please visit https://www.hamiltonhealthsciences.ca/mcmaster-childrens-hospital/areas-of-care/medicine/rsv-clinic/.
 By Staff
October 23rd, 2024
BURLINGTON, ON
The brazen carjacking at the No Frills mall, in broad daylight, recently had a number of people asking – where were the police?
The police are in their cruisers roaming the city and paying attention to the known hot spots.
 Cruiser with police officer plugged into the control Centre that handles the movement of all the police cruisers in the Region. Late in the afternoon today we spotted a cruiser parked across the street from the Performing Arts Centre with an officer inside wearing an ear plug.
He was there for quite a while then left suddenly, accelerating as he moved into Brant Street.
Keeping a cruiser on standby in the downtown core is good police work.
Those who have suggested Burlington become a “carry” city meaning that people could carry a weapon when they were walking the streets.
Canada has good gun controls laws. If you want to “carry” – move to Florida.
 By Pepper Parr
October 23, 2024
BURLINGTON, ON
With his campaign team in place Oliver Parker is working towards his target of knocking on every door in the Burlington constituency. He has covered more than 200 when we talked to him last.
More about Oliver, who is a full-time federal civil servant working out of his home in Burlington and reporting to a team that is located in Hamilton – he reports to that team three times a week.
The federal Department he works for is located Gatineau, across from Ottawa.
He is a part-time student at Queen’s University in Belfast.
He is what might be described as a Labour Economist who deals with policy matters.
 Oliver Parker – seeking the Burlington Liberal nomination. Oliver reports that he has been fully vetted by the provincial Liberal Party, which means he has paid the $3000 fee to enter the race for the Burlington nomination.
At this point, there are two candidates seeking the nomination.
The current MPP for Burlington, Natalie Pierre, has announced that she will not seek re-election. The Progressive Conservatives then are looking for a candidate.
The public wants to know what a potential candidate stands for – what are their core values?
Oliver Parker is holding an event at the Black Bull on November 4th from 7:00 to 9:00 pm – if you want to meet him, hear what he has to say and ask questions – the Black Bull is at 2475 Mountainside Dr.
 By Staff
October 23rd, 2024
BURLINGTON, ON
Here is what Burlington MP Karina Gould had to say in the House of Commons yesterday.
October 22nd, 2:55 p.m.
Innovation, Science and Industry
 Burlington MP Karina Gould speaking in the House of Commons Mr. Speaker, Canadians expect police to follow due process. Let me be perfectly clear: The government obviously complies with anything that follows due process. Canadians also expect their leaders to act in the best interest of Canadians, not to protect their own partisan interests.
Why is that member, and all members of the Conservative Party, covering up for the Leader of the Opposition, who is refusing to get his security clearance? It is easy to get. All the other members have done it. When will the Leader of the Opposition get it?
Mr. Speaker, the member gets up every day and says things that are simply not true. What he will not answer is why his leader is refusing to get a security clearance. That is the real question on every Canadian’s mind right now.
While we are facing a time when we have to put the country first and stand up for Canadians, the Leader of the Opposition is hiding something from Canadians. What is it, and why is it stopping him from getting his security clearance?
October 22nd, 3 p.m.
Mr. Speaker, once again, it is disappointing that the Conservatives are not telling the truth on this issue.
What is even more appalling and what Canadians are wondering is why the Leader of the Opposition is not getting his security clearance. Is it because he has something to hide? Why is he refusing to get his security clearance? He must have something to hide, because it is so easy to get it.
Mr. Speaker, I expect my hon. colleague on the other side to at least be honest with the facts. What was said was that this motion was highly unusual and it should be referred to committee for study. We support that. It is only the Conservatives who are obstructing their own obstruction. This is unsurprising because they are also trying to cover up their own leader’s refusal to get his security clearance.
All of the other leaders of the political parties in the House have done that. Canadians want to know why. What is he hiding, and what is he trying to protect?
Gould never did get an answer – but it wasn’t because she didn’t try.
By Jim Portside
October 23, 2024
BURLINGTON, ON
The five stocks with the largest dollar value of insider acquisitions in the public market are:
|
| Condor Energies Inc —–Buy Quantity: 100,000 Average cost: $2.19 Total: $218,900.00 |
| Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
| EurAsia Resource Value SE |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
10-18-24 |
50,000 |
$2.21 |
$110,475.00 |
| EurAsia Resource Value SE |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
10-17-24 |
50,000 |
$2.17 |
$108,425.00 |
|
| Aisix Solutions Inc —–Buy Quantity: 4,200,000 Average cost: $0.03 Total: $126,000.00 |
| Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
| Belantis, Mihalis |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
10-22-24 |
100,000 |
$0.03 |
$3,000.00 |
| Belantis, Mihalis |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
10-16-24 |
4,100,000 |
$0.03 |
$123,000.00 |
|
| Thunderbird Entertainment Group Inc —–Buy Quantity: 50,000 Average cost: $1.80 Total: $89,990.00 |
| Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
| Lazzarato, David Angelo |
4 – Director of Issuer |
10 – Acquisition or disposition in the public market |
10-21-24 |
50,000 |
$1.80 |
$89,990.00 |
|
| GFG Resources Inc —–Buy Quantity: 322,500 Average cost: $0.17 Total: $54,202.50 |
| Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
| Carlson, Anders |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
10-21-24 |
122,500 |
$0.17 |
$21,202.50 |
| Carlson, Anders |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
10-18-24 |
200,000 |
$0.16 |
$33,000.00 |
|
| Millennial Potash Corp. (formerly Black Mountain Gold USA Corp.) —–Buy Quantity: 144,000 Average cost: $0.28 Total: $40,320.00 |
| Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
| Jennings, Ross |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
10-21-24 |
144,000 |
$0.28 |
$40,320.00 |
The five stocks with the largest dollar value of insider dispositions in the public market are:
|
| Lavras Gold Corp —–Sell Quantity: -800,000 Average cost: $2.55 Total: -$2,040,000.00 |
| Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
| 2176423 Ontario Ltd. |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
10-18-24 |
-400,000 |
$2.55 |
-$1,020,000.00 |
| Sprott, Eric |
3 – 10% Security Holder of Issuer |
10 – Acquisition or disposition in the public market |
10-18-24 |
-400,000 |
$2.55 |
-$1,020,000.00 |
|
| Sierra Metals Inc. (formerly Dia Bras Exploration Inc.) —–Sell Quantity: -260,000 Average cost: $0.88 Total: -$229,901.46 |
| Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
| Arias, J. Alberto |
6 – Director or Senior Officer of 10% Security Holder |
10 – Acquisition or disposition in the public market |
10-17-24 |
-43,500 |
$0.86 |
-$37,255.96 |
| Arias, J. Alberto |
6 – Director or Senior Officer of 10% Security Holder |
10 – Acquisition or disposition in the public market |
10-18-24 |
-16,500 |
$0.85 |
-$14,040.32 |
| Arias, J. Alberto |
6 – Director or Senior Officer of 10% Security Holder |
10 – Acquisition or disposition in the public market |
10-21-24 |
-100,000 |
$0.88 |
-$88,106.73 |
| Arias, J. Alberto |
6 – Director or Senior Officer of 10% Security Holder |
10 – Acquisition or disposition in the public market |
10-22-24 |
-100,000 |
$0.90 |
-$90,498.45 |
|
| Seabridge Gold Inc —–Sell Quantity: -5,000 Average cost: $25.08 Total: -$125,392.75 |
| Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
| Murphy, Robert Brent |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
10-18-24 |
-5,000 |
$25.08 |
-$125,392.75 |
|
| Platinum Group Metals Ltd —–Sell Quantity: -34,842 Average cost: $2.40 Total: -$83,660.80 Options Issued: 20,000 Average cost: $1.81 Total: $36,200.00 |
| Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
| Engelbrecht, Schalk Willem Burger |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
10-18-24 |
-34,842 |
$2.40 |
-$83,660.80 |
| Engelbrecht, Schalk Willem Burger |
5 – Senior Officer of Issuer |
51 – Exercise of options |
10-21-24 |
20,000 |
$1.81 |
$36,200.00 |
|
| Exco Technologies Limited —–Sell Quantity: -6,300 Average cost: $8.50 Total: -$53,550.00 |
| Insider |
Relationship |
Transaction |
Date |
Quantity |
Price |
Total |
| Riganelli, Paul |
5 – Senior Officer of Issuer |
10 – Acquisition or disposition in the public market |
10-21-24 |
-6,300 |
$8.50 |
-$53,550.00 |
By Natalis Buriy
October 22nd, 2024
BURLINGTON, ON
Microneedling has become increasingly popular in recent years and is a non-invasive procedure that uses a micro-needle to address minor skin concerns such as skin laxity, wrinkles, fine lines, scarring, acne breakouts, stretch marks, and dull skin tone. Microneedling makes tiny punctures or microtraumas in the skin that trigger the skin’s natural regeneration mechanisms and the production of collagen and elastin.
 Microneedling: A procedure aimed at improving the appearance of the skin and its rejuvenation. Through the microchannels formed from this procedure, various nutritious active substances found in cosmetology preparations, which are applied to the skin before the procedure, are delivered to the dermis. This procedure is aimed at improving the appearance of the skin and its rejuvenation. Although this procedure is popular, people have some concerns. A fairly common question that arises among a wide range of potential patients is whether microneedling is painful. If you’re looking for the best microneedling in Vancouver, be sure to check out the top-rated clinics that offer advanced techniques and expert care. This article will detail the pain factor associated with microneedling, and what you can expect during treatment and aftercare to achieve the best possible results.
Understanding the micro-needling procedure and its key benefits
Microneedling, as mentioned above, involves the use of a device with thin needles that create microtrauma on the surface of the skin. This process stimulates the body’s natural repair response, prompting the production of collagen and elastin, two valuable proteins that help maintain skin elasticity and firmness. This procedure offers numerous and undeniable advantages, including:
 By actively promoting collagen production, microneedles can make the skin smoother;- Microneedling allows you to reduce scars, acne, and other types of scars on your skin;
- Comprehensive treatment can help reduce the appearance of aging;
- Improved absorption of skin care products. Microneedling creates microchannels that can increase the effectiveness of spa treatments.
Microneedling is actively used on the scalp to improve hair quality and accelerate growth. It should be noted that the speed of hair growth, as well as its general condition, directly depends on the health of the scalp. For the hair to grow thicker, shed less, and be more active, you need to regularly massage the scalp. At the same time, microneedling of hair helps to accelerate the blood circulation of the scalp. Due to the active regenerative capacity of the skin after the microneedling procedure, this procedure is also used to remove scars and scars.
Is microneedling painful?
One of the most pressing concerns for those considering microneedling is the possibility of various pain sensations during this procedure. Tolerance to pain sensations is different, this feeling is individual for each person, but it is worth noting that most patients report that the discomfort during this procedure is acceptable, it can be completely overcome. The sensations that occur during microneedling can be compared to light scratches or the sensation of rubbing the skin with sandpaper.
What factors influence the pain sensation during the microneedling procedure?
Let’s consider several key factors that can affect pain during treatment:
- Deeper penetration may lead to increased discomfort. Different skin conditions may require different depths;
- Various sensitive areas, such as around the eyes or mouth, may feel more painful during micro-needling compared to other areas of the skin;
- Each person’s pain tolerance is different, meaning some people may experience more discomfort than others.
What to expect during a microneedling session?
 Skin tightening There are several important steps you should take before your microneedling session. First of all, you should have a comprehensive consultation with your doctor. He will assess your skin type, discuss your current goals with you, and determine if microneedling is the right treatment for you. For a few days before the procedure, it is advisable to avoid retinoids, exfoliants, and other active ingredients that can irritate the skin. Before the procedure, make sure your skin is well hydrated to improve results and minimize discomfort.
What happens after the microneedling procedure?
After treatment, you may notice some immediate effects, including redness, which will last from a few hours to a few days. Some swelling may occur, especially if a deeper injection is performed. Your skin may be sensitive to touch for a short period. To ensure proper healing and optimal results, it is important to follow specific care instructions, including avoiding sun exposure for at least a week after the procedure, avoiding makeup for the first 24 hours after the procedure to allow the skin to breathe and heal, not using any aggressive scrubs or exfoliants for several days. The skin should be kept hydrated with a good moisturizer. Look for fragrance-free products. Avoid saunas, hot baths, and vigorous exercise after microneedling, as they can increase redness and cause unnecessary irritation.
Potential side effects and risks that may occur after microneedling
The microneedling procedure is considered safe, but there are some potential side effects and risks to be aware of. Some patients may experience bruising, especially if the needles penetrate deep. There is a risk of infection. It is important to follow the care instructions to minimize this risk. In people with a darker skin tone, there is a risk of post-inflammatory hyperpigmentation.
Summarizing all of the above
 Microneedling can be compared to light scratches or the sensation of rubbing the skin with sandpaper. Microneedling is an effective antiaging procedure that helps fight many skin imperfections. This procedure can be used on the face, body, and scalp. During the procedure, the skin is treated with a special tool that leaves numerous small punctures in the upper layer of the epidermis.
Controlled microdamage of the skin stimulates the natural process of tissue regeneration, which leads to the active production of collagen and elastin in the cells. These substances are responsible for the youth and beauty of our skin, making it elastic and elastic. Over time, the amount of collagen and elastin in the skin decreases, and wrinkles appear on the surface of the skin.
In addition to improving the production of collagen and elastin, the microneedling procedure also improves the absorption of nutrients by the skin, which is why various microneedling cocktails are actively used during the procedure. Using this allows you to significantly improve the effect of the procedure and solve certain skin problems, for example: reducing pigmentation or eliminating post-acne. Topaz Facial Studio is renowned for its personalized skincare treatments and innovative approaches to facial rejuvenation.
By carefully following all pre-treatment and post-treatment care instructions, you can maximize the key benefits of microneedling and enjoy rejuvenated, healthier skin. As with any cosmetic procedure, it is important to consult with a qualified practitioner to ensure that microneedling is right for you, and to discuss any concerns about pain or side effects in detail beforehand. With proper care, this treatment will result in a lasting improvement in the appearance and texture of your skin.
 By Staff
October 22, 2024
BURLINGTON, ON
Justin Cloutier , head coach for the Burlington Barracudas U18AA Head Coach reports that over the past couple weeks, the U18AA team has been selling raffle tickets with all proceeds being donated to the Canadian Cancer Society (breast cancer awareness and research)
 “On the weekend we had are pink in the rink game, we had a great crowd, we fell short in the win column but we won as team raising over $6000 towards cancer research.
“I’m extremely proud of this group of young ladies and how they are supporting breast cancer awareness and girls hockey as well.”
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By Staff
When you add up the numbers, from the city, in the total budget column the total comes to $179,023,828 not the $181,476,000 shown in the chart. The incorrectly stated numbers in the city’s chart do not add up to the total shown in the city’s chart.
