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Capital Ratios and Liquidity Creation: Evidence from Canadian Big Six Banks
Using quarterly data from the six largest Canadian banks, we investigate the relationship between regulatory capital ratio and on-balance sheet liquidity created in the Canadian economy by "Big Six". We find a significant positive relationship between Tier 1 capital ratio and on-balance sheet liquidity creation for Canadian big six banks, implying that large banks in Canada favor risks and rely on capital to fund illiquid assets. In contrast, for smaller banks, the relationship is significantly negative. Our results are robust to dynamic panel regression using 2-Step GMM, two exogenous shocks - COVID-19 crisis and the Global Financial Crisis (2007-2009), mergers & acquisitions activities in the banking industry, and core deposits financing. The COVID-19 pandemic and core deposits adversely impact the Tier 1 capital ratio's relationship with on-balance-sheet liquidity creation, while the global financial crisis (2007-2009) effect on the association is insignificant.
Author Keywords: Big Six, COVID -19, Deposits, Liquidity Creation, Tier 1 Capital Ratio,
Immunotherapies Targeting the Amyotrophic Lateral Sclerosis-Associated Protein TDP-43
Transactive response (TAR) DNA-binding protein of 43 kDa (TDP-43) pathology, including fibrillar aggregates and mutations, develops in amyotrophic lateral sclerosis (ALS) and is characterized by hyperphosphorylation and aggregation patterns, a mechanism largely understudied. In addition, ALS remains without a cure. Herein, in vitro aggregation of phosphorylated TDP-43 was explored, and the anti-TDP-43 antibodies tested for their inhibitor efficacies. Additionally, in vitro phosphorylation of TDP-43 by protein kinases was conducted to identify which protein kinases catalyze phosphorylation. The aggregation of phosphorylated and unphosphorylated full-length TDP-43 protein (pS410) was monitored by transmission electron microscopy (TEM), turbidity absorbance, and thioflavin (ThT) fluorescence spectroscopy. The protein aggregates were largely insoluble, ThT-positive and characterized with heterogeneous morphologies. Antibodies specific to epitopes within the RNA-recognition motifs and the C-terminal domains reduced the formation of β-sheets and insoluble aggregates, with outcomes highly dependent on the type of antibodies, indicating dual functionality. The only protein kinase able to phosphorylate TDP-43 at S410 was MARK4, indicating its role in the onset of PTMs in the protein. Thus, targeting TDP-43 epitopes for inhibition of aggregation and in vitro phosphorylation represent viable biochemical assays for screening protein kinase inhibitors as potential drugs against ALS.
Author Keywords: aggregation, ALS, antibody-based inhibition, phosphorylation, protein kinase, TDP-43
Demographic history and conservation genomics of caribou (Rangifer tarandus) in Québec
Genetic variation is the raw material and basis for evolutionary changes in nature. The loss of genetic diversity is a challenge many species are facing, with genomics being a potential tool to inform and prioritize decision making. Whole genome analysis can be an asset to conservation biology and the management of species through the generation of more precise and novel metrics. This thesis uses whole genome re-sequencing to characterize the demographic history and quantify genomic metrics relevant to conservation of caribou (Rangifer tarandus) in Québec, Canada. We calculated the ancestral and contemporary patterns of genomic diversity of five representative caribou populations and applied a comparative population genomics framework to assess the interplay between demographic events and genomic diversity. When compared to the census size, NC, the endangered Gaspésie Mountain caribou population had the highest ancestral Ne:NC ratio which is consistent with recent work suggesting high ancestral Ne:NC is of conservation concern. These ratios were highly correlated with genomic signatures (i.e. Tajima's D) of recent population declines and explicit demographic model parameters. Values of contemporary Ne, estimated from linkage-disequilibrium showed Gaspêsie having among the highest contemporary Ne:NC ratio. Importantly, classic conservation genetics theory would predict this population to be of less concern based off this metric alone. Inbreeding measures suggested nuanced patterns of inbreeding and correlated to the demographic models. This study suggests that while the Québec populations are all under decline, they harbour enough ancestral genetic variation to replenish any lost diversity, if conservation decisions are made in favour of these populations, specifically supporting NC.
Enhanced weathering and carbonation of kimberlite residues from South African diamond mines: Implications for CO2 sequestration
Mafic and ultramafic mine wastes have the potential to sequester atmospheric carbon dioxide (CO2) through enhanced weathering and CO2 mineralization. In this study, kimberlite residues from South African diamond mines were investigated to understand how weathering of these wastes leads to the formation of secondary carbonate minerals, a stable sink for CO2. Residues from Venetia Diamond Mine were fine-grained with high surface areas, and contained major abundances of lizardite, diopside, and clinochlore providing a maximum CO2 sequestration capacity of 3–6% of the mines emissions. Experiments utilized flux chambers to measure CO2 drawdown within residues and unweathered kimberlite exhibited greater negative fluxes (-790 g CO2/m2/year) compared to residues previously exposed to process waters (-190 g CO2/m2/year). Long-term weathering of kimberlite residues was explored using automated wet-dry cycles (4/day) over one year. Increases in the δ13C and δ18O values of carbonate minerals and unchanged amount of inorganic carbon indicate CO2 cycling as opposed to a net increase in carbon. Kimberlite collected at Voorspoed Diamond Mine contained twice as much carbonate in yellow ground (weathered) compared to blue ground, demonstrating the ability of kimberlite to store CO2 through prolonged weathering. This research is contributing towards the utilization of kimberlite residues and waste rock for CO2 sequestration.
Author Keywords: CO2 fluxes, CO2 mineralization, CO2 sequestration, Enhanced weathering, Kimberlite, Passive carbonation
Fungal pathogen emergence: an Ustilago maydis x Sporisorium reilianum model
The emergence of fungal hybrid pathogens threatens sustainable crop production worldwide. To investigate hybridization, the related smut fungi, Ustilago maydis and Sporisorium reilianum, were selected because they infect a common host (Zea mays), can hybridize, and tools are available for their analysis. Hybrid dikaryons exhibited filamentous growth on plates but reduced virulence and limited colonization in Z. mays. Select virulence genes in the hybrid had similar transcript levels on plates and altered levels during infection of Z. mays relative to each parental dikaryon. Virulence genes were constitutively expressed in the hybrid to determine if its pathogenic development could be influenced. Little impact was observed in hybrids with increased expression of effectors known to modify host response and metabolism. However, increased expression of transcriptional regulators of stage specific pathogenic development increased the hybrid's capacity to induce symptoms. These results establish a base for investigating molecular aspects of fungal hybrid pathogen emergence.
Author Keywords: effectors, hybrid pathogenesis assays, Sporisorium reilianum, transcription factors, Ustilago maydis, virulence factors
Evidence for hybrid breakdown in the cattail (Typha) hybrid swarm in southern Ontario
Heterosis, expressed as phenotypic superiority over parental species, typically peaks in first generation hybrids (F1s), while later generations (F2 +) exhibit lower fitness. The decrease in hybrid fitness is called hybrid breakdown. The overall incidence of hybrid breakdown in invasive hybrid zones remains poorly understood. The Laurentian Great Lakes (LGL) region contains a hybrid zone comprised of: native Typha latifolia, Typha angustifolia, and hybrid Typha × glauca. F1 T. × glauca display heterosis and are invasive, while later generation hybrids are relatively rare. To investigate possible hybrid breakdown, I compared seed germination and plant growth of backcrossed and advanced-generation (F2) hybrids to F1s and T. latifolia. I found evidence for hybrid breakdown in F2s and backcrossed hybrids, expressed as reduced growth and germination rates. Expression of hybrid breakdown in F2s and backcrosses may explain their relative rarity in the LGL hybrid zone.
Author Keywords: Advanced-generation hybrids, Backcrossed hybrids, Hybridization, introgression, Invasive species, plant competition
Forging Masks Through Perceptions of the Maskless in Benjamin Britten's 'Peter Grimes'
This thesis proposes that Benjamin Britten's 'Peter Grimes' leads its audience toward actively constructing an attitude toward its maskless protagonist. Grimes's tragedy results from the social construction of his character from ambiguous and unseen actions. Utilizing the theories of Hannah Arendt and Carl Jung, this thesis proposes that Grimes may have resisted tragedy by constructing a public persona for himself. This thesis analyses the opera's music and narrative according to the difference between Grimes's lack of a public persona and the Borough- members' construction of a mask for him. A central contention of the thesis is that as another element of Britten's persona, Peter Grimes permitted the composer's entrance into the public sphere, despite his private inclinations and illegal sexuality. Like the opera's drama, the opera's "Sea Interludes" reveals the tragedy resulting from the failure to construct an attitude toward the public world. These "Sea Interludes" work alongside the opera's drama to induce the audience into a common perception of the opera's whole. Through ironic relation to the opera's musical and narrative parts, Benjamin Britten induces his audience's construction of personae, thereby bringing himself and them into a shared public realm.
Author Keywords: Benjamin Britten, E. M. Forster, English Opera, Montagu Slater, Peter Grimes, W. H. Auden
The evolutionary ecology of Alaska's mountain goats with management implications
The integration of genetic and environmental information can help wildlife managers better understand the factors affecting a species' population structure and their response to disturbance. This thesis uses genetic techniques to assess the broad and fine scale population structure of mountain goats in Alaska. The first chapter aims to determine the number of genetically distinct subpopulations and model the demographic history of mountain goats in Alaska. The second chapter investigates the population structure and demographic history of mountain goats in Glacier Bay National Park and examines the impact that climate change will have on these mountain goats. My results indicate that Alaska has eight subpopulations which diverged during the Wisconsin glaciation. In Glacier Bay, population structure is reflective of the landscape during colonization, and mountain goat population density and movement corridors are likely to decline due to future climate change.
Author Keywords: Alaska, biogeography, gene flow, landscape genetics, mountain goat, population genetic structure
The Adoption of a Finite Element Model of Material Deformation Relevant to Studying Corneal Biomechanics
The human cornea is required to exhibit specific material properties to maintain its regular shape under typical intraocular pressures which then allow for its correct optical functionality. In this thesis, the basis of continuum solid mechanics and the finite element method are introduced. We use finite element modelling to simulate the extension of an effective-1d, linear-elastic bar, a cornea-like body governed by Poisson's equation, and the deformation of a loaded, linear-elastic, cube. Preliminary results for the deformation of a simulated, linear-elastic, cornea have also been achieved using the finite element approach.
Author Keywords: continuum solid mechanics, corneal biomechanics, finite element method, intraocular pressure
Through the eyes of the Ontario farmer: a sampling of opinions of Ontario dairy goat farmers as to the sustainability of their industry
Dairy goat farming has become increasingly popular in recent years in Ontario. This qualitative study done by semi-structured interviews, examines the why and the wherefore of the opinions held by dairy goat farmers in Ontario in regards to sustainable agriculture. It was found that these farmers feel that sustainable agriculture is important. These farmers believed their farms to be sustainable and have implemented sustainable farming practices that reflect these interests. Their primary interest is to maintain their farmland for the use of future generations as well as maintaining the economic and environmental sustainability of their farms. There is currently a lack of scientific information available for dairy goat farmers in Ontario. Challenges presented by the participants should be researched so as to better serve this budding industry which may become one of the most sustainable livestock industries in Ontario.
Author Keywords: agriculture, dairy goat, farmer opinion, farming, sustainability, sustainable agriculture