Skip to main content

Featured

Liberal Candidate Paul Chiang Steps Down Amid Controversy

Paul Chiang, a Liberal candidate in the Markham-Unionville riding, has announced his resignation following backlash over comments he made regarding a Conservative opponent, Joe Tay. Chiang suggested that individuals could claim a bounty offered by Hong Kong authorities by turning Tay over to the Chinese consulate. This statement, made during a press conference in January, sparked widespread criticism and raised concerns about foreign interference in Canadian politics. The Royal Canadian Mounted Police (RCMP) has since launched an investigation into the matter, citing potential threats to Canada's democratic processes. Chiang issued an apology, calling his remarks a "deplorable lapse in judgment," but the controversy persisted. Conservative leader Pierre Poilievre condemned the comments, stating that they endangered Tay's safety and sent a chilling message to the community. Chiang's resignation comes as Liberal leader Mark Carney faces mounting pressure to address ...

article

Canadian economy shrank 1.1 per cent in Q3 on annualized basis

 


According to the latest data from Statistics Canada, the Canadian economy contracted at an annualized rate of 1.1% in the third quarter of 2023, which was below expectations. However, the real GDP most likely edged up 0.2% in October after a 0.1% gain in September.

The contraction in Q3 was mainly due to a decline in exports and a decrease in business investment. The country’s goods trade surplus with the world contracted by roughly $8.7 billion in Q3 to hit $1.7 billion.

Despite the contraction in Q3, the Canadian economy is showing signs of growth in October. The real GDP is expected to have increased by 0.2% in October after a 0.1% gain in September.

Based on the above information, I suggest the following title for your article: “Canadian economy contracts in Q3, but shows signs of growth in October”.


Comments