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Mojtaba Khamenei’s Rise Sparks Market Turmoil as Hardliners Mobilize

People attend a gathering to support Iran's new supreme leader Mojtaba Khamenei, amid the U.S.-Israeli conflict with Iran, in Tehran, Iran, March 9, 2026.  Iran’s hardline factions mounted a powerful show of support for newly appointed Supreme Leader Mojtaba Khamenei , rallying across Tehran in a display that signaled a tightening of conservative control and diminished hopes for de-escalation in the Middle East.  The demonstrations, marked by mass gatherings and imagery linking Mojtaba to his late father, Ayatollah Ali Khamenei, underscored the regime’s consolidation at a moment of heightened regional conflict.  Analysts warn that the hardliners’ unified backing suggests Iran is unlikely to soften its stance amid ongoing tensions with the U.S. and Israel. Global markets reacted sharply. Fears that prolonged instability could further disrupt energy supplies sent oil prices soaring and triggered steep declines in major stock indices. With one of the most significan...

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Lobbying Surge Among Ontario Training Fund Recipients Raises Questions

David Piccini, Ontario Minister of Labour, Immigration, Training and Skills Development speaks as Ontario Premier Doug Ford listens during a funding announcement earlier this year. The government’s Skills Development Fund was criticized by the auditor general in a report Wednesday. 

Ontario’s Skills Development Fund (SDF) is under scrutiny as more grant recipients are turning to lobbyists to secure funding. Data shows that organizations receiving millions in taxpayer-funded grants have increasingly hired lobbying firms to advocate on their behalf.

In the program’s most recent round, a significant portion of the funding went to groups with political connections, raising concerns about fairness and transparency. Some organizations received large sums despite lower application scores, while others with stronger proposals were overlooked.

Critics argue that this trend suggests lobbying influence may be overshadowing merit-based decisions. Questions have also been raised about whether public money is being directed toward projects that genuinely serve workforce development, as some recipients have been linked to unconventional ventures.

The government maintains that the program is essential for addressing labour shortages and supporting Ontario’s workforce. Still, the growing reliance on lobbyists by grant recipients has sparked debate over accountability and the role of political influence in public funding decisions.


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