Bank of Canada cuts key interest rate for the first time in four years to 4.75%

… The highly anticipated move won’t do much, by itself, to reduce monthly payments on mortgages, car loans or lines of credit. But it kickstarts a monetary policy easing cycle that should see interest rates fall further in the coming quarters, offering some relief to borrowers with floating-rate debt, homeowners facing mortgage renewals and indebted governments.

h/t DS

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It isn’t ‘foreign interference’ if the culprits are willing MPs

Among and between each of the scandalous revelations in the 84-page report the National Security and Intelligence Committee of Parliamentarians released Monday, there is an unmistakable tone of exasperation, frustration, and something even approaching despair.

Scandalous is not too strong a word to describe what the report reveals, which is a state of affairs that calls into question whether the term “foreign interference” gets at the dilemma that has transfixed Canada since November 2022, or whether what this report discloses is evidence of collusion between leading Canadian politicians and hostile foreign powers.

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Hamas official: Hostage deal only with end to war, Israeli withdrawal

Hamas official Osama Hamdan on Tuesday appeared to douse optimism on the possibility of a hostage deal after Israel sent it a proposal for a three-phased agreement that reignited hope to see the return of the remaining captives as well as intense political debate.

“We asked the mediators to get a clear Israeli position to commit to a permanent ceasefire and a complete withdrawal from Gaza,” he said at a press conference in Beirut.


Israel says more than a third of Gaza hostages are dead

Israel believes that more than a third of the remaining Gaza hostages are dead, a government tally showed on Tuesday, as the United States sought to advance their recovery under a proposal to wind down the war with Hamas.

Of about 250 people dragged into the Gaza Strip by Hamas-led Palestinian terrorists during the Oct. 7 cross-border massacres that sparked the war, scores were freed in a November truce, while others have been recovered – dead or alive – by Israeli troops.

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Focusing on the Wrong Threat: Islam Critic Wounded in Attack Was Under State Surveillance

Long-time anti-Islamism activist Michael Stürzenberger, the main focus of the bloody knife attack in Mannheim on Friday, has long had a target on his back—put there not only by extremist Islamists, but also by the German state. The Bundesamt für Verfassungsschutz (BfV)—the country’s domestic spy agency—has monitored the campaigner for the past ten years, and a state-funded Bavarian anti-extremism organisation has called Stürzenberger a conspiracy theorist for warning about political Islam getting a foothold in Germany.

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90 Cases of Conflict of Interest: AG Finds ‘Significant Lapses’ in Governance at Trudeau Green Fund

The federal auditor general has found 90 conflict of interest rule breaches and money going to dozens of ineligible projects in her review of the embattled federal green fund.

Auditor General Karen Hogan released three reports on June 4, one of which pertains to Sustainable Development Technology Canada (SDTC), a federal foundation supporting green projects with investments.

The Office of the Auditor General (OAG) says it found “significant lapses” in the governance and stewardship of public funds at SDTC.

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Police to trial portable knife scanners that detect weapons in clothes at a distance

Portable knife scanners enabling police to detect weapons hidden on people at a distance are to be trialled on British streets.

Chris Philp, the policing minister, has said the Home Office is looking at versions of the technology developed by five different companies with a view to police officers trying it at knife crime hot spots by the end of 2024.

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Canada’s Universities Are a Pipeline for Chinese Military Technology

How hundreds of Chinese researchers across the country were identified as undercover scientists

THROUGH NAÏVETÉ and mindless belief in the universal benefits of academic exchange, some of Canada’s leading universities have contributed to the militarization of the Far East.

From the start of academic exchanges with the People’s Republic of China (PRC) in the early 1970s, the government of Canada has watched and largely approved of Chinese students focusing almost exclusively on science and technology faculties at Canadian universities. Meanwhile, Canadians going to study in China have engrossed themselves in Chinese language and culture and Maoism. For most of the past fifty years, Canadian universities and authorities were satisfied with this exchange. They saw giving Chinese students the benefits of Canadian knowledge and experience in science and technology as a gift toward the economic and industrial development of China.

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HUNTER: Canada used to hang traitors, not run cover for them

Kanao Inouye the Kamloops Kid – Inouye tortured Grenadier Jim Murray by tying him to a pole, taping his mouth shut, and shoving burning cigarettes into his nose. On December 21, 1942, he slapped and kicked Captain J.A. Norris and Major F. T. Atkinson when they did not appear quickly enough for a roll call. He told his former countrymen that all Canadians would soon be slaves and “Your wives and sisters will be raped by our soldiers and anyone resisting will be shot.”

Once upon a time, we weren’t wimps.

If you did this country wrong — betrayed Canada or your fellow citizens in any way — you could very well find yourself swinging at the end of a rope.

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Trump Sentencing Watch: It’s the ‘Charge’ Not the Charges

I was mesmerized by the Blehar blast at the Trump trial. (It’s really time for Jeff to come out of his shell, don’t you think?) And he’s right: It would be a travesty for anyone, let alone a former American president and de facto major-party nominee to return to the presidency, to be consigned to Rikers Island, Attica, or some similarly squalid New York hoosegow over a “crime” — I guess I should say 34 “crimes” — that the Democratic district attorney manufactured before the Democratic judge guided the jury to its guilty verdict.

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Major Musicians Suddenly Canceling Shows, Sometimes Entire Tours, as Economy Flounders

A series of tour cancellations and changes by prominent musicians has raised questions about whether the post-pandemic boom in live music is beginning to wane as consumer spending fatigue coincides with elevated ticket prices.

Singer Jennifer Lopez announced on Friday that she is canceling her entire 2024 tour, citing a desire to spend more time with her family. Meanwhile, the Black Keys revealed they were scrapping their stadium tour plans in favor of performing at smaller venues.

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Seen for the first time, the D-Day pictures blocked by censors

The Times had many journalists and photographers on the ground during the 1944 invasion of Normandy. They were assigned to file stories from the war zone to appease the editor but they had to abide by strict censorship rules.

The Allied Expeditionary Force employed officials known as field press censors, who reviewed journalists’ work in situ before it was transmitted back to the newsroom. After approval, journalists took their images and stories to transmission services, which were not usually located near the censors’ base.

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Holding Anthony Fauci accountable?

Another criminal referral to the U.S. Department of Justice (DOJ) soon may be made by members of the U.S. Congress to investigate Dr. Anthony Fauci for lying under oath to Congress, which is a felony crime.  Representative Jim Comer, chairman of the House Committee on Oversight and Accountability, soon may follow Senator Rand Paul in requesting that the DOJ to criminally investigate Fauci for lying under oath to Congress.

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