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Trump Signals Possible Shift as U.S. Weighs ‘Winding Down’ Iran War

  People react as emergency crews search for victims trapped in the rubble following a strike on a residential building on March 16, 2026 in central Tehran, Iran. President Donald Trump has suggested that the United States may be nearing a turning point in its conflict with Iran, stating that the country is “getting very close” to meeting its military objectives. Despite this indication of a potential wind‑down, the administration continues to deploy additional troops and resources to the region, underscoring the contradictory nature of recent U.S. messaging. Trump has emphasized that he is not seeking a ceasefire, even as the conflict expands and global markets react to rising oil prices and regional instability. His remarks come amid heightened tensions, ongoing airstrikes, and concerns from allies about the widening scope of the war.  While the president’s comments hint at a possible de-escalation, the continued buildup of military assets and calls for increased funding ...

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GST Holiday Fails to Deliver Economic Lift, Data Shows Minimal Impact

                                               

New figures reveal that Canada's GST/HST holiday yielded little boost in consumer spending, falling short of expectations. Payment processor Moneris reported a 4% decline in overall spending during the tax break period compared to the previous year, with both the number and size of transactions dropping slightly. Similarly, a survey conducted by the Canadian Federation of Independent Business (CFIB) found that only about 5% of small businesses experienced a noticeable sales increase, while the majority reported no significant change in business activity.

Despite the intended relief, many retailers found the initiative more burdensome than beneficial, citing last-minute adjustments to point-of-sale systems and increased administrative challenges. Although certain sectors, like children's apparel, saw minor gains, these were not enough to offset the overall downturn in consumer spending. The data suggests that the tax holiday may have merely shifted the timing of purchases rather than stimulating additional economic activity.


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