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Rising Tensions Prompt Ottawa to Urge Vigilance Among Canadians in the Middle East

Residents are evacuated from a building hit by a projectile in Tirat Hacarmel, northern Israel, Saturday, Feb. 28, 2026. No injuries were reported. Canadians living or travelling in the Middle East are being urged to remain highly vigilant as regional tensions escalate. Foreign Affairs Minister Anita Anand issued the warning following renewed instability linked to stalled nuclear negotiations between the United States and Iran, as well as an increased American military presence in the region.  Anand emphasized that Canadians in Iran, in particular, should consider leaving if they can do so safely, noting that the situation could deteriorate quickly. The warning comes amid threats of military action from the United States should Iran fail to agree to a nuclear deal, while Iran maintains its right to enrich uranium for peaceful purposes.  The Canadian government continues to monitor developments closely and advises citizens across the broader region to follow local guidance,...

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Bad Boy Furniture Warehouse Declared Bankrupt After Failing to File Proposal

 

Bad Boy Furniture Warehouse, a Toronto-area furniture retailer, has been declared bankrupt after failing to file a proposal under the Bankruptcy and Insolvency Act. 

The company had filed a notice of intention in November 2023, stating that it aimed to restructure its business. However, it failed to file a cash-flow statement or proposal in time, and is now deemed to have made an assignment. The Ontario court gave Bad Boy permission to begin liquidation sales in November 2023.

The company’s failure to file a proposal has resulted in its bankruptcy, which has been confirmed by a document on the website of bankruptcy trustee KSV Advisory. The company’s bankruptcy is a significant blow to the furniture industry, and it remains to be seen how it will affect the industry as a whole.


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