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Toronto Lights Up the Waterfront: New Year’s Eve Celebrations Set to Dazzle the GTA

  Toronto is preparing for one of its most vibrant New Year’s Eve celebrations yet, with the city’s waterfront transforming into a massive outdoor festival to welcome 2026. Beginning at 10 p.m., the Harbourfront area will come alive with live music, DJ sets, roaming performers, and illuminated art installations stretching from Harbourfront Centre to Sherbourne Common. The night’s biggest draw will be a 10‑minute fireworks display launched over the inner harbour , offering sweeping views from along the lakeshore. The show is designed to be visible from multiple waterfront vantage points, giving thousands of residents and visitors a chance to ring in the new year under a bright skyline. Transit agencies across the region are stepping up to support the festivities. TTC, GO Transit, and UP Express will offer free rides from 7 p.m. on December 31 until 8 a.m. on January 1 , with extended service to help crowds travel safely throughout the night. Beyond downtown, communities across t...

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Global Markets in Turmoil: Trump's Tariffs Shake Wall Street

 

Wall Street faced a dramatic downturn on Monday, following President Donald Trump's announcement of sweeping tariffs on imports. The move has sent shockwaves through global markets, with major indices in Europe, Asia, and North America experiencing significant losses. The S&P 500, Dow Jones Industrial Average, and Nasdaq all saw sharp declines, reflecting investor fears of slowed economic growth and rising inflation.

Trump's tariffs, ranging from 10% to 50%, have sparked concerns about a potential recession and disrupted international trade. Economists warn that these measures could reduce U.S. economic growth by two percentage points this year while pushing inflation close to 5%. The ripple effects are being felt worldwide, with oil prices dipping below $60 per barrel and stock markets in Germany, France, and Japan also suffering heavy losses.

As markets brace for further instability, the global economic landscape remains uncertain. Investors and businesses alike are watching closely to see how these tariffs will reshape trade dynamics and impact financial stability.

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