Skip to main content

Featured

5 Things to Know Today: Warsh Takes the Podium as Gas Tax Relief Runs Out

  Friday, August 28, 2026 Markets are in wait-and-see mode this morning ahead of the biggest speech of the summer, while two countdown clocks — one at the pump, one on the trade file — keep ticking closer to zero. Here's what matters for your wallet today. 1. Fed Chair Warsh Gives His First Jackson Hole Speech at 10 a.m. ET Kevin Warsh, three months into the job, steps up to deliver his first extended public remarks as Federal Reserve Chair rather than a post-meeting summary. He's held rates steady at both meetings since taking over from Jerome Powell, and investors are watching for any hint of whether he leans toward treating the current 3.3% core inflation reading as temporary — or toward raising rates further to hit the Fed's 2% target. The backdrop: the 30-year Treasury yield touched a 2007-era high of 5.31% earlier this month, prompting an unusual Treasury Department intervention in the bond market. What it means for you: Long-term borrowing costs (mortgages, lines of...
Post a Comment
Read more

article

Labels

Speaker Kicks Poilievre Out of the Commons After He Calls PM a ‘Wacko’ in Tense Question Period Exchange

In a heated exchange during question period, Conservative Leader Pierre Poilievre was kicked out of the House of Commons by Speaker Greg Fergus. The incident occurred after Poilievre referred to Prime Minister Justin Trudeau as a “wacko” for supporting British Columbia’s policy of decriminalizing some hard drugs in an attempt to reduce overdose-related deaths.

The tension escalated when Fergus asked Poilievre to withdraw his “unparliamentary language.” Poilievre refused, suggesting he would replace “wacko” with “extremist” or “radical.” Fergus promptly removed him from the chamber.

Following Poilievre’s ejection, the entire Conservative caucus left the Commons chamber in protest. Trudeau, who was also involved in name-calling during the exchange, accused Poilievre of courting “white nationalist groups” and criticized his past actions.

The incident highlights the intensity of political debates and the importance of maintaining decorum within the parliamentary setting. As the fallout continues, Canadians are closely watching how this clash will impact the political landscape.

Labels:

Comments

Post a Comment