EV Bus Maker Lion Electric likely to be liquidated, court-appointed monitor says

The court-appointed monitor for Lion Electric says the vehicle maker is very likely to be liquidated after the Quebec government refused to invest more public funds in the company.

Jean-Francois Nadon, a representative of Deloitte, said in a court hearing this morning that government aid would have been a condition of any sale of the struggling company.

Nadon says Deloitte sought offers over the weekend from companies interested in liquidating Lion Electric, and is hoping to finalize a transaction by next Monday.

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Syrian security forces monitored armed civilians who killed Alawites, accused man says

One of the men accused of taking part in a wave of sectarian violence against Syria’s Alawite minority two months ago has told the BBC that he and other armed civilians who travelled to the area were advised and monitored by government forces there.

Abu Khalid said he had travelled as a civilian fighter to the Mediterranean coastal village of Sanobar on 7 March, to help battle former regime insurgents.

“The General Security department told us not to harm civilians, but only to shoot at insurgents who shot at us,” he told me.

A lot of scores waiting to be settled in Syria.

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Trump ‘delighted’ by his influence on Canada’s election: U.S. journalist

U.S. President Donald Trump “seemed positively delighted” about the impact he had on Canada’s federal election, a U.S. journalist said while recounting a recent interview with the president.

Ashley Parker was one of three writers at The Atlantic who interviewed Trump in the Oval Office for an article published late last month, before Canadians elected a Liberal minority government in last week’s election.

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Welcome to Starbase: Elon Musk to get his own city in Texas

Elon Musk may have his sights set on Mars, but for the time being the billionaire is building an empire closer to home.

The Tesla and SpaceX tycoon has been given the green light to set up his own new city in south Texas – dubbed Starbase – after securing the backing of an overwhelming majority of locals, many of whom he employs.

A ballot on Saturday secured 212 votes in favour and just six against. The vote also secured the election of the city’s first mayor and two other officials, all of whom are current or former employees of Mr Musk’s company SpaceX.

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Will Mark Carney and the Liberal’s learn from their near-death experience?

A near-death experience often leaves survivors permanently changed. They emerge more grateful, more focused, and, crucially, more humble. The brush with mortality strips away illusions of control. Survivors stop taking life for granted. They shift their priorities. They understand that survival is not a reward. It’s a reprieve.

Politics isn’t so different. Just a few months ago, the Liberal Party of Canada was facing its own near-death experience. Polls showed them collapsing. Even insiders were bracing for the worst — a party reduced to third place, possibly without official opposition status.


NO. If anything they’ll double down.

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The California ‘surfers for Trump’ revolting against Gavin Newsom

Along an idyllic stretch of the California coastline, a gaggle of bronzed surfers tackle magnificent waves whipped up in the Pacific Ocean by gale-force winds.

Most of the time, Huntington Beach is a surfing haven – but even when it isn’t, nothing stops the long-haired, wetsuit-clad crowd who turn up with their boards in all weathers.

This is America’s “surf city”, a title it fought a 15-month court battle to keep.

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The Liberals need a few floor-crossers to form a majority. That might not be so easy

With the federal Liberals just a few seats shy of a majority government, there’s been some speculation over whether Prime Minister Mark Carney might be zeroing in on members of Parliament from other parties to cross the floor and join his party’s fold.

But coaxing over those few MPs needed for a majority would still be a significant challenge, some observers say.

“Oh, that’s hard,” said former B.C. NDP MP Nathan Cullen. “That’s a whole heap of moral flexibility that you’re going to be seeking.”

I doubt it will be difficult.

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Trump threatens a 100% tariff on foreign-made films, saying the movie industry in the US is dying

NEW YORK (AP) — President Donald Trump is opening a new salvo in his tariff war, targeting films made outside the U.S.

In a post Sunday night on his Truth Social platform, Trump said he has authorized the Department of Commerce and the Office of the U.S. Trade Representative to slap a 100% tariff “on any and all Movies coming into our Country that are produced in Foreign Lands.”


Remember Hollywood North? Those were the days!

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Chinese-US Imports Being Diverted To Canada Amid Trade War

Many Chinese exports bound for the U.S. have been rerouted to Canada to skirt tariffs as the trade war continues to escalate between the U.S. and many of its international partners, Truenorth wire reports.

This means that, just like Europe which is facing a deflationary tsunami as Chinese dumping is unleashed on its now largest trading partner, Canadian consumers will soon have an abundance of discount goods as warehouse storage reaches its capacity.

As much as 50% of consignments from China were diverted to Canada in mid-April as many industries look to stockpile their inventory north of the border instead of in the US.

h/t DS

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Europe marks VE Day with Trump on its mind

 

“Celebration? What celebration? It feels more like a funeral” – the damning words of a former senior Nato figure to describe this week’s ceremonies marking Victory in Europe Day.

The top-level diplomat who spent years at the transatlantic defence alliance asked not to be named in order to speak freely, but why so nihilistic? VE Day was a joint Allied triumph over Nazi Germany; over hatred, dictatorship, the Third Reich’s territorial expansionism and heinous crimes against humanity.

So much blood was spilled achieving that victory. Some 51 million Allied soldiers and civilians died during World War Two, united in a pursuit to rid the world of the scourge of Nazism.


You can hate Trump all you wish, that doesn’t make him wrong for calling out entitled NATO partners who expect America to carry the brunt of defence costs.

The rebuilding of post-war western Europe is dismissed as mere US self interest. That’s Euro gratitude for ya.

Despite the knee-jerk anti-Americanism that taints Canadian mythology it is inevitable that we will be grateful for our Southern neighbor again.

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Federal report raises doubts over electric bus viability in Canadian winters

Electric transit buses may not be ready for prime time in Canada’s harsh climate, according to new findings from the National Research Council, which reveal that many vehicles need diesel heaters just to maintain performance during winter.

Blacklock’s Reporter says the study, released four years after then-Infrastructure Minister Catherine McKenna announced a $2.8 billion plan to spend on zero-emission transit, questions whether electric buses can reliably replace diesel ones in daily Canadian operations.

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What a $15,000 Electric SUV Says About U.S.-China Car Rivalry

SHANGHAI—The offer sounds like a scam—a new Toyota electric-powered sport-utility vehicle for about $15,000, complete with sunroof and cup holders.

But the Toyota bZ3X is real, and it is actually on sale starting at that price. There is a catch: To buy one, you have to be in China.

Auto executives once dreamed of a world car that could be designed once and sold everywhere. That world has fractured, and nowhere more so than in the two biggest markets, China and the U.S., which together account fornearly half of global vehicle sales.


The comments are worth reading pointing out the many omissions made by the article.

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J.D. Tuccille: Canada’s provinces taxes too high to compete with U.S.

I recently noted that even struggling New Mexico, the only U.S. state to end the last four decades less economically free than it began, is still more prosperous than most Canadian provinces. That’s largely a result of Canada losing ground in terms of wealth relative to its southern neighbor after decades of hand-in-hand growth. But Canada’s provinces outstrip almost all states in at least one area.

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