Defense stocks drop after Trump says Pentagon spending could be halved

Throughout the 2025 campaign, the Conservatives criticized the "Lost Liberal Decade," arguing that Canada has significantly declined in various indicators since the Liberals took power in 2015, with worse outcomes in the economy, crime, public services, and affordability. Crime rates, particularly homicides, have increased dramatically, with the homicide count rising from 604 in 2015 to a peak of 874 in 2022, and firearm-related violent crime incidents surging nearly 30% in seven years. Simultaneously, the prison...

The UK's chief negotiator, Nick Thomas-Symonds, emphasized that the upcoming negotiations for a new deal with the EU will prioritize growth and move beyond past debates. This statement comes as Labour leader Keir Starmer prepares to meet European Commission President Ursula von der Leyen in London, ahead of a significant EU-UK summit scheduled for May. Thomas-Symonds believes that this new agreement is essential for Britain, highlighting Labour's commitment to achieving a beneficial outcome in the...

Despite growing concerns about their impact on air pollution and carbon emissions, wood-burning stoves will be permitted in new homes in England under the government's future homes standard. This decision comes amidst fears of weakened environmental regulations due to lobbying and has drawn criticism from health advocates and the Climate Change Committee, which recommends phasing out such stoves. The Stove Industry Association has welcomed this confirmation, emphasizing the importance of wood-burning stoves in new housing...

Learning Resources CEO Rick Woldenberg is suing the Trump administration over its tariffs, which he believes will severely harm his toy company and the U.S. economy. The lawsuit, filed in Washington, D.C., claims that the tariffs are unconstitutional and could increase the company's import duties from $2.3 million to $100 million, while also predicting a 25% drop in sales. Woldenberg is struggling to shift manufacturing from China, where 60% of his products are made, as...

Britain has lifted asset freezes on Syria’s defense and interior ministries, along with various intelligence agencies, reversing sanctions from Bashar Al-Assad's presidency, as reported by Reuters. This shift comes as the West reevaluates its stance following the ousting of Assad by insurgent forces led by Hay’at Tahrir Al-Sham after a protracted civil war. The British finance ministry's notice detailed that 12 entities are no longer under asset freezes, although it did not specify reasons for...

According to a new survey from Leger Marketing and the Association of Canadian Studies, two-thirds of Canadians perceive relations between Liberal and Conservative supporters as poor, a sentiment consistent across all regions. The ongoing federal election campaign appears to be exacerbating this partisan divide, with older respondents expressing the most negative views. However, unlike in the U.S., cultural issues do not seem to be driving this division in Canada, as the Liberal and Conservative platforms...