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theglobeandmail.com

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Apr 19, 19:14

Liberal Platform Unveils $130 Billion Spending Plan, Increased Deficits

Mark Carney's Liberal Party released its costed election platform, outlining $130 billion in new spending over four years, including an IVF program and increased defense spending, funded by $28 billion in undefined cuts and increased deficits, projecting 1.96 percent and 1.83 percent of GDP deficits...

Liberal Platform Unveils $130 Billion Spending Plan, Increased Deficits

Mark Carney's Liberal Party released its costed election platform, outlining $130 billion in new spending over four years, including an IVF program and increased defense spending, funded by $28 billion in undefined cuts and increased deficits, projecting 1.96 percent and 1.83 percent of GDP deficits...

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What are the key spending commitments and planned deficit levels in the Liberal Party's platform, and how will they be financed?

Mark Carney's Liberal platform proposes $130 billion in new spending over four years, funded by $28 billion in unspecified cuts and increased deficits. This includes new initiatives like a $20,000 IVF program and increased defense spending to 2 percent of GDP by 2029-30. The plan projects deficits of 1.96 percent and 1.83 percent of GDP for the next two fiscal years, respectively.

theglobeandmail.com

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Apr 19, 16:10

Rogers Stock Plummets Amidst Telecom Competition and High Debt

Rogers Communications Inc. stock has fallen 53 percent over three years, underperforming competitors amid intense wireless competition and high debt (nearly $42 billion by end of 2024), despite a 5.7 percent dividend yield and recent asset sales; first-quarter results are expected April 23.

Rogers Stock Plummets Amidst Telecom Competition and High Debt

Rogers Communications Inc. stock has fallen 53 percent over three years, underperforming competitors amid intense wireless competition and high debt (nearly $42 billion by end of 2024), despite a 5.7 percent dividend yield and recent asset sales; first-quarter results are expected April 23.

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How does Rogers' substantial debt burden and recent attempts to reduce it impact investor confidence and the company's financial outlook?

The underperformance is linked to slowing immigration, increased competition for wireless customers, and Rogers' high debt load of nearly $42 billion, impacting financial flexibility. Recent attempts to improve the balance sheet, including asset sales, have failed to impress investors, leading to a 16-year low share price.

theglobeandmail.com

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Apr 18, 04:09

Temu and Shein to Raise US Prices Due to Trump Tariffs

Temu and Shein, Chinese e-commerce sites, will raise US prices starting April 25th due to increased operating expenses resulting from President Trump's 145% tariff on Chinese goods and elimination of a duty-free exemption for goods under \$800, impacting millions of daily low-value packages.

Temu and Shein to Raise US Prices Due to Trump Tariffs

Temu and Shein, Chinese e-commerce sites, will raise US prices starting April 25th due to increased operating expenses resulting from President Trump's 145% tariff on Chinese goods and elimination of a duty-free exemption for goods under \$800, impacting millions of daily low-value packages.

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What is the immediate impact of the increased tariffs and the removal of the duty-free exemption on Temu and Shein's pricing strategies for US consumers?

Temu and Shein, two e-commerce sites founded in China, announced price increases for US customers starting April 25th, citing increased operating expenses due to new global trade rules and tariffs. This follows President Trump's 145% tariff on goods from China and the elimination of a duty-free exemption for goods under \$800, impacting their business models significantly.

theglobeandmail.com

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Apr 18, 01:14

Netflix Exceeds Q1 Earnings, Driven by Ad-Supported Tier and New Programming

Netflix reported exceeding Q1 2025 earnings with \$10.54 billion in revenue and \$6.61 diluted EPS, surpassing estimates, driven by successful new programming and its ad-supported tier which accounted for 55 percent of new sign-ups; co-founder Reed Hastings transitioned to non-executive chair.

Netflix Exceeds Q1 Earnings, Driven by Ad-Supported Tier and New Programming

Netflix reported exceeding Q1 2025 earnings with \$10.54 billion in revenue and \$6.61 diluted EPS, surpassing estimates, driven by successful new programming and its ad-supported tier which accounted for 55 percent of new sign-ups; co-founder Reed Hastings transitioned to non-executive chair.

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How did the launch of Netflix's ad-supported tier impact the company's performance and financial outlook?

Netflix's strong financial results are attributed to a combination of factors, including the popularity of shows like "Adolescence" and "Zero Day," and the successful launch of its ad-supported subscription tier. The ad-supported tier contributed 55 percent of new sign-ups in available markets, showcasing a promising revenue diversification strategy.

theglobeandmail.com

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Apr 18, 01:14

Coogler's "Sinners": Blues, Bootleggers, and Vampires in 1932 Mississippi

Sinners," a 137-minute 14A-rated film directed by Ryan Coogler and starring Michael B. Jordan, Delroy Lindo, and Hailee Steinfeld, opens April 18th, blending blues music, bootlegging, and vampires in 1932 Mississippi to explore themes of freedom, legacy, and systemic racism.

Coogler's "Sinners": Blues, Bootleggers, and Vampires in 1932 Mississippi

Sinners," a 137-minute 14A-rated film directed by Ryan Coogler and starring Michael B. Jordan, Delroy Lindo, and Hailee Steinfeld, opens April 18th, blending blues music, bootlegging, and vampires in 1932 Mississippi to explore themes of freedom, legacy, and systemic racism.

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How does the film's use of genre-bending affect its narrative and thematic development?

The movie uses archetypal characters—preachers, sinners, and seductresses—to explore themes of freedom, legacy, and the lingering effects of slavery and bigotry in the American South. Coogler's unique approach intertwines these elements with supernatural horror, creating a complex narrative.

theglobeandmail.com

🌐 85% Global Worthiness

Apr 18, 04:09

Canada's Slow Response to Trade-Based Money Laundering Threatens Economic Stability

Criminals exploit global trade to launder an estimated US\$1 trillion annually through falsified transactions; Canada's slow response to trade-based money laundering jeopardizes its economic stability and future trade deals due to growing international emphasis on anti-corruption measures.

Canada's Slow Response to Trade-Based Money Laundering Threatens Economic Stability

Criminals exploit global trade to launder an estimated US\$1 trillion annually through falsified transactions; Canada's slow response to trade-based money laundering jeopardizes its economic stability and future trade deals due to growing international emphasis on anti-corruption measures.

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What are the immediate economic consequences of Canada's slow response to trade-based money laundering?

Trade-based money laundering, using falsified trade transactions to conceal illicit funds, is valued at US\$1 trillion annually. This impacts global trade integrity by reintroducing criminal proceeds into the economy. Canada, despite its trade-dependent economy, has been slow to address this issue, unlike the US.

theglobeandmail.com

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Apr 19, 16:10

Global Wealth Concentrated in US Amidst Economic Uncertainty

The U.S.'s share of the MSCI World stock market index has surged to 72 percent, concentrating global wealth and increasing risk amid a weakening U.S. dollar and rising budget deficit, prompting calls for portfolio diversification.

Global Wealth Concentrated in US Amidst Economic Uncertainty

The U.S.'s share of the MSCI World stock market index has surged to 72 percent, concentrating global wealth and increasing risk amid a weakening U.S. dollar and rising budget deficit, prompting calls for portfolio diversification.

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How have President Trump's economic policies, particularly concerning trade and the budget deficit, influenced investor confidence in the U.S. dollar and the overall U.S. economy?

The U.S. dollar has depreciated by 8 percent against other major currencies since President Trump's inauguration, defying typical behavior during economic tension. This reflects waning confidence in the U.S. administration and its economic policies, particularly concerning the large budget deficit and incoherent trade policies.

theglobeandmail.com

🌐 75% Global Worthiness

Apr 19, 01:13

Canadian Election: Celebrity Endorsements' Limited Impact

Neil Young and Mike Myers' endorsements of Liberal leader Mark Carney are generating headlines, but experts question their impact on the upcoming Canadian federal election, citing stricter campaign finance laws in Canada compared to the U.S. and mixed results from past celebrity endorsements.

Canadian Election: Celebrity Endorsements' Limited Impact

Neil Young and Mike Myers' endorsements of Liberal leader Mark Carney are generating headlines, but experts question their impact on the upcoming Canadian federal election, citing stricter campaign finance laws in Canada compared to the U.S. and mixed results from past celebrity endorsements.

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What is the immediate impact of celebrity endorsements on the Canadian federal election, and how significant is their effect on voter preference?

Neil Young and Mike Myers endorsing Mark Carney for Prime Minister generated headlines, but experts doubt this will significantly sway voters. Professor Alex Marland suggests endorsements raise awareness and encourage voting, not necessarily change party preference. Mixed results in the recent U.S. election show the limitations of celebrity endorsements.

theglobeandmail.com

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Apr 18, 04:09

Canada's China Policy: Short-Term Gains, Long-Term Risks

Canada's alignment with the U.S.'s anti-China trade policy offers short-term benefits through increased access to the U.S. market, but this approach jeopardizes Canada's long-term economic sovereignty and trade relationships with other nations, as exemplified by the recent 100% tariff on Chinese ele...

Canada's China Policy: Short-Term Gains, Long-Term Risks

Canada's alignment with the U.S.'s anti-China trade policy offers short-term benefits through increased access to the U.S. market, but this approach jeopardizes Canada's long-term economic sovereignty and trade relationships with other nations, as exemplified by the recent 100% tariff on Chinese ele...

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What are the potential long-term economic and geopolitical consequences for Canada of continuing to align its China policy with that of the U.S.?

Continued alignment with the U.S. on China could lead to higher costs for Canadian businesses, reduced international trade flexibility, and damage Canada's reputation as a reliable trading partner. Canada's lack of independent action on trade policy with China, compared to the EU's approach, showcases the potential consequences. The long-term cost of foregoing economic sovereignty in favor of short-term gains needs careful consideration.

theglobeandmail.com

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Apr 18, 04:09

Ukraine, U.S. Sign Memorandum on Mineral Resource Development

Ukraine and the U.S. signed a memorandum of intent on Thursday to develop Ukraine's mineral resources, a deal pushed by President Trump, paving the way for a larger economic partnership agreement and an investment fund for Ukraine's reconstruction.

Ukraine, U.S. Sign Memorandum on Mineral Resource Development

Ukraine and the U.S. signed a memorandum of intent on Thursday to develop Ukraine's mineral resources, a deal pushed by President Trump, paving the way for a larger economic partnership agreement and an investment fund for Ukraine's reconstruction.

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What is the immediate significance of the signed memorandum between Ukraine and the U.S. concerning mineral resource development?

Ukraine and the U.S. signed a memorandum of intent regarding the development of Ukraine's mineral resources, a deal promoted by President Trump. This initial step paves the way for a broader economic partnership agreement and the creation of a reconstruction investment fund.

theglobeandmail.com

🌐 85% Global Worthiness

Apr 18, 04:09

CFPB to Fire 90% of Workforce Amidst Legal Challenges

The U.S. Consumer Financial Protection Bureau (CFPB) announced plans to fire roughly 1500 employees, retaining only 200, following a court ruling that granted the Trump administration more control over its staffing levels, despite legal challenges claiming the action is unlawful and jeopardizes the ...

CFPB to Fire 90% of Workforce Amidst Legal Challenges

The U.S. Consumer Financial Protection Bureau (CFPB) announced plans to fire roughly 1500 employees, retaining only 200, following a court ruling that granted the Trump administration more control over its staffing levels, despite legal challenges claiming the action is unlawful and jeopardizes the ...

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What is the immediate impact of the CFPB's planned dismissal of 90% of its workforce?

The Consumer Financial Protection Bureau (CFPB) plans to dismiss 90% of its workforce, reducing staff from roughly 1700 to 200. This follows a federal court ruling granting the Trump administration more control over staffing levels, and comes amidst legal challenges from employee unions and consumer advocates who argue the firings are illegal and jeopardize the agency's functions. The firings are set to take effect within 60 days, with immediate loss of IT access for affected employees.

theglobeandmail.com

🌐 85% Global Worthiness

Apr 18, 04:09

\"Eby Condemns Federal Funding Imbalance, Warning of Separatist Threats Amidst U.S. Pressure\"\

B.C. Premier David Eby accuses the federal government of unfairly favoring Ontario and Quebec in funding, fueling Western separatist sentiment at a time of heightened U.S. threats to Canadian unity, citing examples of immigration funding and infrastructure projects like the Massey tunnel replacement...

\"Eby Condemns Federal Funding Imbalance, Warning of Separatist Threats Amidst U.S. Pressure\"\

B.C. Premier David Eby accuses the federal government of unfairly favoring Ontario and Quebec in funding, fueling Western separatist sentiment at a time of heightened U.S. threats to Canadian unity, citing examples of immigration funding and infrastructure projects like the Massey tunnel replacement...

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How does the inequitable distribution of federal funds across Canadian provinces affect national unity, especially given recent threats to Canada's sovereignty?

B.C. Premier David Eby criticizes the federal government for inequitable funding distribution across Canadian provinces, particularly favoring Ontario and Quebec. He emphasizes that this disparity fuels "awful" rhetoric promoting Western separatism, exacerbated by recent U.S. threats to Canadian unity.

Showing 97 to 108 of 3,052 results