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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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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Canadian D-day veteran dies day before returning to France for commemoration

William ‘Bill’ Cameron, left, onboard the HMCS Kitchener

A 100-year old Canadian second world war veteran has died one day before he was to return to France for the 80th anniversary of D-day and the Battle of Normandy.

William Cameron’s death on Sunday was announced on Twitter by Canada’s veterans affairs ministry. He had been scheduled to fly to France as part of a Canadian delegation attending ceremonies this week.

“We are saddened by the passing of SWW Veteran, William ‘Bill’ Cameron,” said the post. “Rest easy, Mr Cameron.”

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U.S. court docs offer glimpse of Pearson gold heist suspects’ encrypted conversations

Suspects in the largest gold robbery in Canadian history used a little-known encrypted messaging platform called “Threema” to communicate while attempting to buy dozens of illegal weapons, according American authorities.

The encrypted Threema platfrom reportedly saw a rise in popularity in the underworld globally amidst reports that the FBI had used the rival ANOM platform in its investigations, tapping into criminal messaging.

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‘Time to defund’: Conservative MPs blast CBC for opting to not air Oilers semi-final victory

OTTAWA — The Edmonton Oilers punched their ticket to the Stanley Cup final on Sunday night but some Conservative politicians and mystified hockey fans weren’t in the mood to celebrate.

Instead of watching the game for free on the CBC, which has the rights to the playoffs, fans had to pony up for Sportsnet or miss the game entirely. Anyone tuning in to their local CBC channel was greeted with the Canadian Screen Awards, which was followed by a Just for Laughs comedy special.


CBC is not a national broadcaster, its audience is found in downtown Toronto and a couple of other urban deserts.

I had no idea there was such a thing as the “Canadian screen awards”.

Who are these people? I can’t ID a single one. I’m serious. Canadian “entertainment” is an unfunny transvestite lecturing about fake graves and Islamophobia.

Who?
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‘Maybe the knives come out’: If the Liberals lose this Toronto byelection, Justin Trudeau could be in big trouble

Conventional wisdom suggests by-elections are a consequence-free way for voters to send a message to the governing party that they are unhappy. But the results of a contest later this month in the riding of Toronto—St. Paul’s may prove quite consequential.

If the Liberals do not win this riding on June 24, and it looks increasingly like that’s a possibility, there will be immense pressure on Justin Trudeau to resign as their leader immediately — “within days,” a well-known Liberal suggested to me over the weekend.


It’s been a pretty safe Liberal seat for years and years so I do not think we’ll see a CPC victory.

And let’s face it this is Toronto. No other city votes as stupid.

If as I expect Freeland’s ex-aide wins then the victory will be hailed as the electorate’s endorsement of Trudeau’s corrupt regime.

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‘Witting’ involvement changes the nature of foreign interference

Witting. That’s the word in the latest report on foreign interference that changes things.

In the latest review, we don’t just see cases of messing with political messages in a local election or allegations of interference in a nomination race, such as that of then-Liberal, now-independent MP Han Dong.

Now, a committee of MPs has reported that some of their colleagues in politics have known they were helping a foreign state or being helped by one. It suggests that foreign interference sometimes takes two to tango, through a co-opting of Canadian parliamentarians who might get a political benefit from it.

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Which way, Canada? Make housing cheaper or protect homeowners’ investments?

Federal housing policy – the number one government priority in Budget 2024 – is unequivocal in its approach: supply, supply, supply. And rightly so.

But the ultimate goal is not clear. In a recent interview with The Globe and Mail’s City Space podcast, Prime Minster Justin Trudeau stated that “in the coming years … [young generations] will be able to see the path towards owning a home.”

The two can’t be reconciled. Trudeau managed to screw everyone with his mass immigration scam.

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Trudeau’s government slow response to foreign interference ‘a serious failure’: intelligence watchdog

The Liberal government has known since 2018 that it needed to take foreign interference more seriously but failed to recognize the gravity of the threat, says a damning new report from one of the country’s intelligence oversight bodies.

“The slow response to a known threat was a serious failure and one from which Canada may feel the consequences for years to come,” says a report from the National Security and Intelligence Committee of Parliamentarians (NSICOP), tabled Monday in the House of Commons.

“The implications of this inaction include the undermining of the democratic rights and fundamental freedoms of Canadians, the integrity and credibility of Canada’s parliamentary process, and public trust in the policy decisions made by the government.”

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Canadian scientist explains how COVID likely escaped from a Chinese lab in ‘five key points’

As the U.S. Congress continues its investigation into the COVID-19 pandemic, with Dr. Anthony Fauci testifying on Monday, a Canadian scientist has taken to the New York Times to outline her contention that the virus probably escaped from a laboratory.

Alina Chan is a molecular biologist specializing in gene therapy and cell engineering at the Broad Institute of MIT and Harvard, where she is a post-doctoral fellow. She’s also co-author with science writer Matt Ridley of the 2021 book Viral: The Search for the Origin of COVID-19

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B.C. school district apologizes for asking students ‘Should Israel exist?’

The Burnaby School District superintendent has issued an apology and launched an investigation after a Grade 6/7 class was presented with a question regarding the existence of Israel.

The question reads as follows:

“Some believe that Jewish people deserve or need a homeland (Israel) while others believe that Israel should not exist.”

Students were asked to give a perspective on whether Israel should or should not exist.

I bet this goes on all over the GTA.

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‘Divorced from reality’: Why Canadians are losing patience with public servants

Ottawa bureau chief Stuart Thomson talks to Brian Lee Crowley, the managing director of the Macdonald-Laurier Institute, about the government’s return-to-office plan for public servants.

Although public service unions have reacted angrily to the plan, recent polling shows that Canadians generally support government employees spending more time in the office and less time at home.

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Abnormally Dry Canada Taps U.S. Energy, Reversing Usual Flow

In February, the United States did something that it had not done in many years — the country sent more electricity to Canada than it received from its northern neighbor. Then, in March, U.S. electricity exports to Canada climbed even more, reaching their highest level since at least 2010.

The increasing flow of power north is part of a worrying trend for North America: Demand for energy is growing robustly everywhere, but the supply of power — in Canada’s case from giant hydroelectric dams — and the ability to get the energy to where it’s needed are increasingly under strain.

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Canadian scientist alleges in leaked emails he was barred from studying mystery brain illness

A leading federal scientist in Canada has alleged he was barred from investigating a mystery brain illness in the province of New Brunswick and said he fears more than 200 people affected by the condition are experiencing unexplained neurological decline.

The allegations, made in leaked emails to a colleague seen by the Guardian, have emerged two years after the eastern province closed its investigation into a possible “cluster” of cases.

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Canada’s 1st full-scale free grocery store to open in Regina

Imagine walking into a store, picking out all your groceries for the week and not having to worry about facing an expensive bill at the checkout.

For clients of the Regina Food Bank, that will soon be a reality.

Since the pandemic, there has been a spike in food bank users across the country, up 25 per cent in Regina alone. One in eight families — and one in four children — are now food insecure in the city. Of the 16,000 monthly clients, 44 per cent are kids.

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