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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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TSX and US Markets Rise Ahead of Earnings and Interest Rate Meetings

 


The Toronto Stock Exchange (TSX) and the US markets both posted gains on Monday, January 29, 2024, ahead of earnings and interest rate meetings. The S&P/TSX composite index closed up 74.78 points at 21,200.06. The Dow Jones Industrial Average was up 224.02 points at 38,186.08. The markets picked up steam in the afternoon as Treasury yields fell.


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