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Ottawa’s Global Call for Research Excellence

Industry Minister Mélanie Joly at a press conference in Montreal about a federal push to attract top global researchers in Canada on Dec. 9, 2025. The federal government is stepping up efforts to strengthen Canada’s position as a global leader in innovation by attracting top-tier research talent. Ottawa has announced new initiatives designed to bring world-class scientists, scholars, and innovators to Canadian institutions, with a particular focus on Canadians currently working abroad. The strategy emphasizes creating competitive opportunities in universities and research centers, offering funding packages, and fostering collaborations with international partners. By encouraging Canadian researchers overseas to return home, Ottawa hopes to reverse the “brain drain” and ensure that Canada benefits from their expertise. Officials highlight that this move is not only about filling positions but also about building a vibrant ecosystem of discovery and innovation. The goal is to accelera...
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Dow Hits 40,000 for the First Time as Bull Market Accelerates

Wall Street advanced into uncharted territory on Thursday, with the Dow Jones Industrial Average topping 40,000 for the first time after a blowout earnings report from Walmart cast a positive light on the U.S. economy. The Dow rose about 0.4%, closing at a new all-time high above the 40,000 threshold. Meanwhile, the S&P 500 added about 0.3%, just below a record finish, and the tech-heavy Nasdaq Composite gained 0.4%.

Investors are closely watching second-quarter results from major U.S. banks, including Goldman Sachs, which reported a profit surge of 150% amid investment banking strength. Additionally, BlackRock’s profit beat estimates as assets under management reached a record of $10.6 trillion.

The market’s focus also turned to the potential fallout from an assassination attempt on presidential candidate Donald Trump during a rally. Bets have increased on a win in November’s presidential election for the Republican frontrunner, who is seen as likely to cut taxes, raise trade tariffs, and ease up on regulation.

Fed Chair Jerome Powell’s remarks reinforced market expectations that rate cuts will arrive as soon as September, further influencing investor sentiment. Overall, it’s a dynamic time in the markets, and the Dow’s milestone reflects the ongoing bull market.

Remember to stay informed and keep an eye on market developments!

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