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Liberal Candidate Paul Chiang Steps Down Amid Controversy

Paul Chiang, a Liberal candidate in the Markham-Unionville riding, has announced his resignation following backlash over comments he made regarding a Conservative opponent, Joe Tay. Chiang suggested that individuals could claim a bounty offered by Hong Kong authorities by turning Tay over to the Chinese consulate. This statement, made during a press conference in January, sparked widespread criticism and raised concerns about foreign interference in Canadian politics. The Royal Canadian Mounted Police (RCMP) has since launched an investigation into the matter, citing potential threats to Canada's democratic processes. Chiang issued an apology, calling his remarks a "deplorable lapse in judgment," but the controversy persisted. Conservative leader Pierre Poilievre condemned the comments, stating that they endangered Tay's safety and sent a chilling message to the community. Chiang's resignation comes as Liberal leader Mark Carney faces mounting pressure to address ...
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Retail Sales Rise 0.3% in November as Americans Keep Spending

 

According to the Commerce Department, retail sales rose 0.3% in November from October, when sales were down a revised 0.2%. The figures aren’t adjusted for inflation. 

Excluding car and gas sales, sales rose 0.6%. Business at restaurants rose 1.6%, while sales at furniture stores rose 0.9%. Online sales rose 1%. Electronic and appliance sales, however, fell 1.1%. Sales at department stores fell 2.5%. 

The urge to spend for Americans appears to have some running room, even after a blowout summer. Consumer spending jumped in the July-September quarter. Economists have been expecting spending to slow in the final three months of the year as credit card debt and delinquencies rise, and savings fall.

This reflects a resilient consumer market as the holiday season progresses.

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