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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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Wall Street Futures Rise Ahead of Thanksgiving Holiday

 


US stock futures edged higher on Wednesday as investors looked to extend the market’s recent rally into the Thanksgiving holiday. Dow Jones Industrial Average futures gained 0.2%, S&P 500 futures rose 0.2%, and Nasdaq 100 futures climbed 0.3%.

The move follows a strong session on Tuesday, when the Dow surged more than 660 points (1.4%), marking its third consecutive day of gains. Tech stocks continued to drive momentum, with Alphabet closing at record highs after reports that Meta may adopt Google’s TPU chips in the coming years. Meanwhile, Nvidia shares slipped over 2.5% as competition in the AI chip space intensified.

Investors are also keeping a close eye on the Federal Reserve. Markets are currently pricing in an 85% probability of a quarter-point rate cut in December, which has helped bolster optimism. Lower Treasury yields and easing inflation pressures have further supported the bullish sentiment.

Through the first two trading days of this holiday-shortened week, the Nasdaq has gained 3.4%, the S&P 500 is up 2.5%, and the Dow has risen 1.9%. With markets closed on Thursday for Thanksgiving and operating on shortened hours Friday, traders are positioning for what could be a fourth straight day of gains.

In summary, Wall Street is entering the holiday period with renewed confidence, buoyed by tech strength, easing inflation signals, and expectations of Fed policy support.

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