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Avi Lewis Wins Federal NDP Leadership in First-Ballot Victory

Avi Lewis, who was proclaimed as the new leader of the NDP, speaks at the party convention in Winnipeg Sunday, March 29, 2026. Filmmaker and longtime activist Avi Lewis has been elected the new leader of the federal New Democratic Party , securing a decisive first‑ballot win with nearly 40,000 votes out of roughly 71,000 cast . His victory marks a significant shift for the party as grassroots members push for a more unapologetically left‑wing direction.  Lewis’s win signals renewed momentum for the NDP after a difficult federal election year. His campaign championed bold proposals—including expanding public ownership in key sectors—and emphasized rebuilding the party from the ground up. He inherits a party reduced to six seats in the House of Commons and facing internal tensions over energy policy, particularly from Alberta and Saskatchewan NDP leaders who warn his positions could harm workers in their provinces.  In his victory speech at the Winnipeg convention, Lewis call...

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Wall Street Seeks First Gains of 2024 in Modest Pre-Market Trading

 

Wall Street is seeking its first gains of 2024, with the benchmark S&P 500 index ticking modestly higher in premarket trading on Thursday. The index has fallen in four of the past five sessions, as investors have grown increasingly cautious about the U.S. central bank’s expected pivot to rate cuts this year and how quickly these might be implemented. While the Fed is widely expected to keep rates on hold in January, traders have priced in a 67% chance of a 25 basis point rate cut in March, as per CMEGroup’s FedWatch tool. The Toronto Stock Exchange’s S&P/TSX composite index ended down 53.56 points, or 0.3%, at 20,818.58 on Wednesday.

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