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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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TSX Soars to 18-Month Peak Before Holiday Season

As investors head into the Christmas break, the Toronto Stock Exchange (TSX) has reached an 18-month high, signaling a robust end to the year for Canadian markets. This surge reflects a growing optimism among traders, buoyed by positive economic indicators and a festive boost in market activity.

Key Highlights:

  • Market Rally: The TSX’s climb to an 18-month high is part of a broader rally, with investors showing increased confidence in the financial markets.
  • Economic Optimism: The rise is attributed to favorable economic reports, suggesting a resilient economy despite global uncertainties.
  • Investor Sentiment: The holiday season often brings a wave of goodwill, which seems to have spilled over into the financial sector, with traders pushing for a strong close to the year.
  • Looking Ahead: As the year winds down, all eyes will be on the TSX to see if this upward trend will set the tone for the coming year.

This milestone is a testament to the resilience of the Canadian economy and the bullish sentiment that prevails among investors as they look forward to a prosperous new year. 

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