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TSX Surges to New Heights, Extending Winning Streak to Nine Days

The Toronto Stock Exchange (TSX) continues its impressive rally, closing at yet another record high as its winning streak stretches to nine consecutive trading days. The benchmark S&P/TSX Composite Index  rose 0.3% , adding 74.4 points  to settle at 25,971.9 .  This latest surge marks a 2.4% weekly gain , reinforcing investor optimism amid strong performances across multiple sectors. Healthcare led the charge with a 1.2% increase , while Basic Materials saw a slight dip of 0.2% .  Market analysts attribute the sustained momentum to robust corporate earnings, stable commodity prices, and easing trade tensions . With 74% of TSX-listed stocks closing higher , the bullish sentiment remains strong, fueling expectations for continued growth in the coming weeks.  Investors will be watching closely to see if the TSX can maintain its upward trajectory and extend its streak into double digits.

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Canada Appoints 'Fentanyl Czar' to Lead National Efforts Against Illegal Opioid Trade


In a decisive move to combat the escalating opioid crisis, the Canadian government has announced the appointment of a 'Fentanyl Czar' to oversee and coordinate nationwide efforts against the illegal production and distribution of fentanyl. This initiative is part of a broader strategy to enhance border security and strengthen collaboration with international partners, particularly the United States.

The decision follows recent discussions between Prime Minister Justin Trudeau and U.S. President Donald Trump, during which Canada committed to deploying 10,000 troops to its northern border and implementing a comprehensive $1.3 billion border security plan. This plan includes the acquisition of new helicopters, advanced technology, increased personnel, and heightened coordination with U.S. authorities to curb fentanyl smuggling.

The newly appointed Fentanyl Czar will be responsible for leading a Canada-U.S. Joint Strike Force aimed at dismantling organized crime networks involved in fentanyl trafficking and money laundering. Additionally, Canada plans to classify drug cartels as terrorist organizations, thereby granting law enforcement agencies enhanced powers to combat these groups.

This appointment underscores Canada's commitment to addressing the opioid crisis, which has led to a significant number of overdose deaths nationwide. By intensifying efforts to disrupt the illegal drug supply chain and collaborating closely with international partners, Canada aims to mitigate the devastating impact of fentanyl on its communities

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