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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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Wall Street Cheers Trump’s Treasury Pick, Stocks Rise

                                    

U.S. stocks saw a significant rise on Thursday as Wall Street reacted positively to President-elect Donald Trump's announcement of his Treasury Secretary pick, hedge fund manager Scott Bessent. The Dow Jones Industrial Average climbed by 461 points, or 1.1%, while the S&P 500 and Nasdaq Composite also posted gains.

Investors welcomed Bessent's nomination, viewing it as a sign of stability and a potential boost to economic policies. The market's optimism was further fueled by strong earnings reports from companies like Nvidia, which exceeded profit and revenue expectations.

As the market continues to react to Trump's cabinet selections, all eyes will be on upcoming retail earnings reports and other economic indicators to gauge the future direction of the stock market.



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