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Liberal Ranks Grow as Michael Ma Joins Carney’s Team

                      Markham-Unionville MP Michael Ma crossed the floor to join the Liberals on Thursday. In a dramatic political shift on Parliament Hill, Michael Ma, the Member of Parliament for Markham–Unionville, announced on December 11, 2025, that he is leaving the Conservative caucus to sit with the Liberals . His decision follows weeks of consultation with constituents and family, and comes on the heels of Nova Scotia MP Chris d’Entremont’s defection last month. Ma explained that his move was motivated by a desire for “unity and decisive action for Canada’s future.” He praised Prime Minister Mark Carney’s leadership, describing it as a steady and practical approach to tackling pressing issues such as affordability, economic growth, community safety, and opportunities for young families. The floor-crossing is politically significant: the Liberals now hold 171 seats, just one short of a majority in the House of...
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Market Watch: U.S. Stock Futures Hold Steady Amid Trade Talks

U.S. stock index futures remained subdued on Friday following a strong rally in the previous session. Investors are closely monitoring upcoming trade discussions between U.S. and Chinese representatives in Switzerland, which could shape market sentiment heading into next week.

The recent rally was fueled by a new trade agreement between the United States and Britain, sparking optimism that similar deals could ease global trade tensions. However, analysts caution that the limited scope of the agreement raises questions about its broader impact.

Meanwhile, Federal Reserve Chair Jerome Powell acknowledged heightened risks of inflation and unemployment, leaving markets in a wait-and-watch mode. At 5:36 a.m. ET, Dow E-minis were down 48 points (0.12%), while S&P 500 E-minis and Nasdaq 100 E-minis showed slight gains.

Investors will also be keeping an eye on corporate earnings, with notable movements in stocks such as Trade Desk, Pinterest, and Expedia in premarket trading. The outcome of the U.S.-China talks could set the tone for next week's market direction.


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