Out of Court Settlement Fox News vs. Majed Khalil defamation case has settled out of court. Khalil was named as a contact with voting machines scheme that according to Fox’s anchor Lou Dobbs may have rigged the 2020 elections. However, there is no evidence that this really has happened. Khalil is a Venezuelan Businessman who claims that he has no connection with the voting … Read More
Trudeau Foundation Controversy President and CEO Pascale Fournier and the board of directors of Pierre Elliott Trudeau has submitted their resignations following the questions raised about the suspicious funding. After the US, in Canada politicians are distracting public from problems they are facing such as higher food and housing costs. Now, Liberals are being blamed that they have won due to Chinese influence. … Read More
2023-1st Quarter Business Outlook Bank of Canada conducts many surveys to keep checking the business economic pulse. Results from the first-quarter 2023 Business Outlook Survey and the Business Leaders’ Pulse surveys from January through March 2023 show a subdued sales outlook and plans for modest growth in capital expenditures. The labour market remains tight, but pressures have eased from high levels. Read More
Collapse of SVB California based Silicon Valley Bank collapsed on Friday, March 10, 2023, thanks to risen interest rates. Silicon Valley Bank was founded by former Bank of America managers Bill Biggerstaff, Robert Medearis, and Roger Smith, who came up with the idea over a game of poker. It launched on October 17, 1983, as a wholly-owned subsidiary of Silicon Valley Bancshares (now SVB Financial Group) with 100 … Read More
Ontario Liberals Changed the Rules to Elect Leaders Ontario Liberals ended a successful convention in Hamilton, Ontario and voted to change the rules to elect the new leader of the party. Under the new leadership election system, each constituency association shall be allocated 100 points, to be awarded to leadership candidates based on the proportion of support they receive. Members will directly cast their votes for their preferred … Read More
Elon Musk #1 Again A sudden jump in Tesla stock’s price made Elon Must enjoy the top cadre. His net worth touched 187 billion dollars. Though Tesla stocks are still lower than what they were a year ago but slowly it traveled upward and made the stockholders happier. In the meantime, adapting Milton Friedman’s Stockholders theory, Elon fired another 200 Twitter employees to cut … Read More
Trudeau Attended Hazel McCallion’s State Funeral Event On February 14, Governor General, PM Justin Trudeau, former PM Jean Chretien, Premier Ford and Mayor Crombie attended the farewell of Former Mayor Hazel McCallion. The farewell ceremony was held at Paramount Center, Mississauga. Due to all top dignitaries at one place, there was a heavy police presence and there were many black limousines all over the parking lot and … Read More
Former Interim Conservative Party Leader Steps Down. Candice Bergen Steps down as member of parliament. She did not mention why suddenly she stepped down but doesn’t look that she is going to be out of political arena. Candice Bergen, former interim leader of the Conservative Party of Canada, announced Wednesday that she would be resigning as the member of Parliament for Manitoba’s Portage-Lisgar riding. Bergen, 58, announced her … Read More
Team Canada in Qatar Performed Well? It took Team Canada 36 years to play in FIFA World Cup 2022 Qatar. The last time they played was in Mexico. Though they were not on the victory stand but they did play very well despite hot weather in Qatar and entirely a new type of ground. In any game participation is important and Canada would be in every … Read More
Alberta Premier, Danielle Smith Reacts to CBC Alberta Premier issued a statement reacting to CBC article. “Last week, the CBC published a defamatory article containing baseless allegations that Premier’s Office staff had sent a series of emails to Alberta Crown prosecutors concerning charges related to the Coutts protest and other pandemic-related matters before the courts. The CBC admitted that it had not seen any of the emails. … Read More