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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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US Stock Futures Rise as Techs Power Higher Again

 

US stock futures rose on Monday to put the S&P 500 on track for another record high, as investors became more upbeat about the health of the economy and looked to coming earnings for signs of an AI boom for techs. 

The S&P 500 futures gained 0.3%, after the index notched its first record close since January 2022 on Friday. Dow Jones Industrial Average futures added roughly 0.2%, while those on the tech-heavy Nasdaq 100 jumped 0.6%. 

An AI-fueled surge in tech shares has helped pull stocks out of their early-2024 doldrums, bringing the major indexes into positive territory for January. Given that, quarterly results from the likes of Netflix and Tesla later this week will be closely watched, as how tech earnings perform could well indicate where the market heads in the short term. 

At the same time, the Federal Reserve officials whose comments have buffeted stocks will stay quiet ahead of policymakers’ next meeting on Jan. 30. But readings on GDP and the Fed’s preferred inflation gauge later in the week could shed light on the debate that has been driving markets: when the Fed will pivot to cutting interest rates.


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