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High Public Sector Salaries Under Scrutiny Amid Planned Cuts

  The Canadian flag flies on the Peace Tower of Parliament Hill as pedestrians make their way along Sparks Street in Ottawa on Tuesday, Nov. 9, 2021. The latest government figures reveal that more than 27,000 public servants earned salaries of at least $150,000 last year. The disclosure comes at a time when the federal government is preparing to implement spending cuts, raising questions about compensation levels in the public sector. The report highlights the growing number of high-income earners within the civil service, a trend that has drawn attention as Ottawa seeks to reduce expenditures. Critics argue that such salaries place a heavy burden on taxpayers, while supporters contend that competitive pay is necessary to attract and retain skilled professionals in critical roles. As the government moves forward with its cost-cutting agenda, the debate over public sector compensation is expected to intensify, with unions and advocacy groups likely to push back against measures t...

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Trump’s Tariff Blitz: Pharmaceuticals and Chips in the Crosshairs

The Trump administration has launched investigations into imports of pharmaceuticals and semiconductors, citing national security concerns. These probes, initiated under Section 232 of the Trade Expansion Act of 1962, aim to impose tariffs to reduce reliance on foreign production. Pharmaceuticals and semiconductors, which are largely sourced from countries like India, China, and Taiwan, are seen as critical to U.S. security. While the administration argues that tariffs will boost domestic manufacturing, critics warn of potential shortages and increased costs for consumers. 

The move follows exemptions for smartphones and computers from steep reciprocal tariffs, signaling a strategic shift in trade policy. As markets react to these developments, the global economic landscape faces uncertainty. 



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