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Carney Treads Carefully on Trump’s ‘Board of Peace’ as Ottawa Rejects $1‑Billion Fee

                                                Carney leaves door open to paying fee to join Trump’s Gaza 'Board of Peace' Prime Minister Mark Carney is approaching U.S. President Donald Trump’s invitation to join a proposed “Board of Peace” with measured caution, signalling that Canada is open to participating but not without clearer details on how the body would function. Carney has emphasized that Canada supports efforts aimed at stabilizing Gaza, yet he wants assurances about governance, accountability, and how any financial contributions would be used. He noted that Canada’s involvement must align with its long‑standing humanitarian principles and deliver tangible benefits to civilians on the ground. Foreign Affairs Minister François‑Philippe Champagne has taken a firmer line, ruling out the idea of paying a $1‑billion membership fee report...

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Stocks Rebound After Inflation Report


The stock market made a comeback today after a hot inflation print. The S&P 500, which had been down as much as 0.8% during the session, closed just under the flatline. The Dow Jones Industrial Average and the Nasdaq Composite hovered slightly above breakeven. 

Interest rate sensitive sectors lagged the most, with real estate and utility stocks ending the session lower. The US consumer inflation reading for December showed a slightly bigger jump than expected, as prices ticked up 0.3% month over month and 3.4% year over year. On a “core” basis, which excludes the volatile food and energy categories, inflation rose 3.9% over the past year. The print was seen as critical for traders who have been increasingly pricing in the odds of a “soft landing” — where inflation retreats to 2% without an economic downturn — since the last CPI report.


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