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18.09.25 - 12:12
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"We Need To Move Fast": Led By Canada, Global Push For Icebreakers Heats Up (ZeroHedge)
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"We Need To Move Fast": Led By Canada, Global Push For Icebreakers Heats Up
The global race to dominate the melting Arctic is heating up, and Canada is finally building the heavy icebreakers it hasn't had in half a century. At Helsinki Shipyard last month, workers cut the first steel for Canada's new C$3.3 billion ($2.4 billion) heavy icebreaker, the CCGS Arpatuuq.
Due in 2030, it will be the first such vessel built partly in Canada in over 50 years, according to Bloomberg. A second, the Imnaryuaq, is under construction in Vancouver. Together, they're part of Ottawa's plan to more than double its aging fleet as Arctic sovereignty and security take center stage.
The urgency rose after Donald Trump threatened tariffs and suggested Canada should become the 51st US state. Prime Minister Mark Carney responded with C$9 billion in extra defense spending, stressing that patrolling the Arctic is crucial.
Trump has his own ambitions: adding 48 icebreakers to America's tiny fleet of three...
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17.09.25 - 19:30
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Discord Scrutinized In Kirk Assassination, Used By Canadian Far-Left Networks To Circulate Political Target Files, Lawyer Says (ZeroHedge)
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Discord Scrutinized In Kirk Assassination, Used By Canadian Far-Left Networks To Circulate Political Target Files, Lawyer Says
Submitted by The Bureau's Sam Cooper,
Discord, the communications platform now under scrutiny as U.S. investigators examine chat room messages involving the alleged assassin of conservative activist Charlie Kirk, is also being used by left-wing Antifa-aligned networks in Canada to organize and share dossiers on political targets, according to Toronto lawyer and independent journalist Caryma Sa'd.
In a wide-ranging interview for The Bureau Podcast, Sa'd, who has covered a proliferation of street protests in Canada, alleged that Antifa-aligned networks rely on gated Discord servers to coordinate harassment campaigns and "dox-style" targeting of foes. Even more alarming, she said, is that some of the information shared would not be publicly available, suggesting that government, legal, or union insiders may have leveraged sensitive data.
Documenting Ottawa...
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17.09.25 - 16:45
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Bank Of Canada Resumes Rate Cuts After 6 Month Pause (ZeroHedge)
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Bank Of Canada Resumes Rate Cuts After 6 Month Pause
The Bank of Canada cuts rates by 25bp to 2.50%, as expected. This was the 8th consecutive rate cut since the easing cycle started one year ago, and took place after the bank paused following its last rate cut in March, 6 months ago.
Governor Tiff Macklem said that while "considerable uncertainty remains", there was a "clear consensus" within the committee for the first rate cut since March, as slowing population gains and a weak labor market were a drag on consumption while the economy was weaker and there was "less upside risk to inflation." The BoC head explained that the "Governing Council judged that a reduction in the policy rate was appropriate to better balance the risks going forward." Additionally, he noted the upward pressure on CPI has diminished.
The BoC removed the language from the prior statement which said, "if a weakening economy puts further downward pressure on inflation and th...
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