Lamborghini has powered into the new year like a raging bull to a red flag. The Italian marque has posted a record-breaking first quarter with sales reaching the highest point in its 58-year history.
The Sant’Agata Bolognese automaker recently announced it delivered a total of 2,422 six-figure four-wheelers in the first three months of 2021, marking its best results since it was founded by Ferruccio Lamborghini back in 1963. The news comes shortly after rival Rolls-Royce posted its best quarter ever, signaling luxury marques may be making a significant rebound one year into the pandemic.
Lamborghini’s Q1 sales were more than 25 percent greater than the same period of 2020 and 22 percent higher than the first quarter of 2019, which now stands as second best. Among the markets, the US, China and Germany have all shown positive momentum at this early stage of the year.
Lamborghini’s Urus SUV continues to be the marque’s most popular model with a total of 1,382 snapped up from January to March. Coincidentally, the 650 hp SUV is popular with Robb Report, too, taking top honors as Car of the Year in 2019. The 2021 Urus is priced from $218,000, which means the automaker raked in around $301 million from the model.
The second-highest seller was the V-10 powered Huracán. A cool 753 models of the 602 hp supercar found homes in the first quarter. At roughly $208,000 a pop, those Huracáns generated approximately $157 million for the marque.
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San Josef Bay, British Columbia
With a reputation for tempestuous weather and tricky access, northern Vancouver Island excels in wild lonesome beaches. The 1.6-mile (2.5km) trail to San Josef Bay starts at the end of a 43-mile (70km) unpaved logging road from Port Hardy. When the forest finally parts, you’ll be delivered onto a windswept expanse of crashing surf and forested sea stacks where bushes and trees have been contorted by fierce Pacific storms. Bring a tent and binoculars. You can camp right on the smooth sandy beach and the "bins" will enhance your appreciation of the resident wildlife including eagles and ospreys.
Stanhope Beach, Prince Edward Island
The huge, dune-rimmed beach at Stanhope on the north shore of Prince Edward Island sees far fewer tourists than its immediate neighbors. For a quiet ramble, free of bustle and bounding dogs, head into its marram-grass dunes, an important nesting site for the piping plover.Continue west and you’ll encounter the Covehead Harbour Lighthouse, a white clapboard structure that exudes a diminutive PEI charm. Track east, and you’ll end up at Dalvay by The Sea, a handsome Queen Anne revival style hotel built in 1895.
Wasaga Beach, Ontario
Canada might not plug its beaches like its national parks or cosmopolitan cities, but it can legitimately claim to possess the longest freshwater beach in the world. Wasaga Beach, in the Ontario town of the same name, is a 8.7-mile-long (14km) expanse of soft sand that kisses the shores of Georgian Bay in Lake Huron. This is the closest full-fledged beach resort to Toronto and thousands of visitors pile in every summer when the elongated strip can get rowdy.Notwithstanding, the beach is part of a provincial park meaning it’s equipped with trails, park naturalists and opportunities to spot owls and woodpeckers. The well-used sand is split into six zones. Areas one and two are the most heavily trafficked, five is best for families, six suits social distancers. All have warm, shallow water that’s safe for swimming.
Chesterman Beach, British Columbia
Choosing your favorite beach in Canada’s surfing capital, Tofino, is like choosing your favorite deluxe sports car. They’re all ridiculously good. Most surveys list Long Beach at No. 1 because it’s, well, long; but many Tofitians (locals) rank the surfer’s hub of Chesterman as the most complete scimitar of sand.Unlike Long Beach, Chesterman is close enough to town to reach by bike (with your surfboard clipped to a special bike-rack) and firm enough to cycle on if you need some leg exercise before cresting the Pacific waves. Ringed by rock-pools, islets and a narrow sand spit, it’s beautiful in both early morning mist and fiery orange-ripple sunset. The surfing, of course, is sublime.
Parlee Beach, New Brunswick
With the warmest sea water in Canada and International Blue Flag certification proclaiming its safety, accessibility, and environmental credentials, Parlee is far and away New Brunswick’s finest ribbon of sand. The beach is soft and golden and the water shallow and positively balmy. In high summer, lifeguards patrol at all hours making it a favorite among families.Commercialization is kept to a minimum with grassy dunes buffering a manicured strip of showers, change rooms, and poutine-plying eating joints. Locals in the know, save their appetites for the nearby lobster capital of Shediac. The Beach Boys once played a concert at Parlee adding to the beach’s carefree rock n roll spirit.
Kitsilano, British Columbia
Kitsilano is arguably Vancouver’s (and Canada’s) best urban beach, a freewheeling nugget of Southern California chopped off and transported one thousand miles north. Backed by cool cafes and an attractive park, Kits exudes a sporty, laid-back vibe, especially in summer. Beach volleyball is the game of choice although there are also enough grassy expanses to spread out and toss a frisbee or football. The yellow arc of sand is sugary and clean with views across the water toward Vancouver’s glass skyscrapers and the North Shore mountains opposite. If swimming in boat-filled English Bay doesn’t entice you, Kits also has an enormous nearly 450ft-long (137m) saltwater pool, one of the largest of its kind in the world.
Shallow Bay, Newfoundland & Labrador
The bay is shallow, the beach is long, and the sunsets are spectacular. This gentle swathe of sand protected within the boundary of Gros Morne National Park on Newfoundland has a mellow Caribbean feel, until you dip your toes in the 59ºF (15ºC) waters of the Gulf of St Lawrence. Kayaking is a popular activity here. You can cast off from the beach and navigate the sheltered waters of Belldowns Island where arctic terns nest before undertaking their marathon migration south. Whales can sometimes be spotted out at sea and, when the weather turns chilly, beachside paths turn into cross-country skiing trails.
Annette Lake, Alberta
Landlocked Alberta relies on its lakes to entertain summer beach seekers. While the province has plenty of watery escapes to lure the sand-starved, few are as perfect as tiny Annette Lake in Jasper National Park with its forested shoreline, gothic mountain backdrop and invigoratingly cold glacial waters.Short and narrow, Annette’s nodule of sand is barely the length of a frisbee throw, but herein lie other quirks. This is one of those rare beaches where you might want to pack some bear spray alongside your blow-up raft: grizzlies are sometimes spotted in the area. Elk and mule deer provide more innocuous company.
Plage de la Grande Échouerie, Québec
Administratively, the Îles de la Madeleine archipelago is in Québec; geographically it’s way closer to the Maritimes. Possessing an astounding 217 miles (350km) of beaches juxtaposed with iron-rich red cliffs, its pièce de la résistance is this 6-mile (10km) sweep of pale sand on the Anglophone island of Grosse Île.
A uniquely designed all-rental tower is slated for the corner of West 41st Avenue and Willow, between Oak and Cambie Streets. The 18-storey building will include 131 secured market rental units, 20 per cent of which will be designated as moderate income housing. It will replace the Oakmont Medical Building, built in the 1960s.
The ground floor will include at-grade retail space, and there will be 85 underground parking stalls and 254 bicycle parking spaces. An amenity floor is planned for the rooftop.
The development is adjacent to the Oakridge Transit Centre redevelopment, which include three towers up to 26 storeys along W 41st Avenue. It’s also across the street from the Jewish Community Centre, which will be redeveloped with two towers (26 and 24 storeys) and a nine-storey podium. The rezoning application is being considered under the Cambie Corridor Plan.
Tesla announced Monday it has bought $1.5 billion worth of bitcoin.
In a filing with the Securities and Exchange Commission, the company said it bought the bitcoin for “more flexibility to further diversify and maximize returns on our cash.”
Tesla also said it will start accepting payments in bitcoin in exchange for its products “subject to applicable laws and initially on a limited basis.” That would make Tesla the first major automaker to do so. The $1.5 billion worth of bitcoin will give Tesla liquidity in the cryptocurrency once it starts accepting it for payments.
Tesla’s move into bitcoin represents an investment of a significant percentage of its cash in the investment. The company had more than $19 billion in cash and cash equivalents on hand at the end of 2020, according to its most recent filing.
Bitcoin prices surged to new highs Monday following Tesla’s announcement, reaching a price of at least $44,200. Tesla shares were up more than 2% Monday morning. In its SEC filing, Tesla warned investors of the volatility of bitcoin’s price.
During a public meeting on Monday, Surrey City Council approved the measure of permitting city staff to proceed with the process of obtaining a loan of $150.6 million to fund three new major community and recreational facilities.
The long-term borrowing scheme will fully cover the construction costs of the new replacement $90-million Newton Community Centre, including the land acquisition, as well as the full costs of the $40-million City Centre Sports Complex.
Another $20.6 million will be borrowed to help cover the $50.1-million Cloverdale Sport and Ice Complex, with the remaining $29.5 million funded through pay-as-you-go city financing.
These capital projects were previously approved by city council in November 2020 as part of the 2021 five-year capital plan, which will help address growing pressures for new recreational facilities as a result of Surrey’s continued strong population growth.
In October 2020, city council approved the acquisition of 16 contiguous parcels at 6965-7005 King George Boulevard and 13511-13570 70A Avenue, forming a 7.2-acre parcel for Newton Community Centre, a new public park, and other civic uses. These parcels include the current Rona store and a number of vacant properties.
Design work on the new Newton facility, including a replacement rink for the nearby Newton Ice Arena, will begin in early 2021, and construction is targeted to begin in late 2021 for a completion in 2023.
Further north up the King George Boulevard Corridor, the City Centre Sports Complex is envisioned to be a major expansion of the Chuck Bailey Recreation Centre at 13458 107A Avenue. Much of the city-owned property is currently used as surface parking, which opens up the opportunity for an expansion without land acquisition.
When complete, it would add to the area’s recreational precinct already established by the adjacent Whalley Athletic Park and BC Lions training centre.