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Markets Rebound as Trump Softens Stance on Power Plant Shutdown Threat

  Stock futures surged early Monday after President Donald Trump backed away from a threat to shut down certain U.S. power plants, easing investor concerns about potential disruptions to the energy grid and broader economic fallout. Major index futures—including the Dow, S&P 500, and Nasdaq—turned sharply higher as traders interpreted the shift as a sign of policy stability after a volatile week. The reversal helped restore confidence across sectors that had been rattled by the possibility of sudden regulatory intervention. Oil prices, meanwhile, tumbled as energy markets recalibrated. Crude had spiked on fears of supply constraints tied to the power plant dispute, but with the threat withdrawn, prices slid back toward recent lows. Analysts noted that the drop reflects both reduced geopolitical tension and ongoing concerns about global demand. Investors will now be watching for additional signals from the administration and regulators to determine whether Monday’s rally mar...
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Ontario Begins Issuing $200 Taxpayer Rebates

The Ontario government has started mailing out $200 rebate cheques to eligible taxpayers. This initiative aims to provide relief from the high cost of living, including the federal carbon tax and high interest rates. 

Finance Miister Peter Bethlenfalvy stated, "With Ontario families struggling due to the federal carbon tax, high interest rates, and global economic uncertainty, our government is stepping up as part of our ongoing work to keep costs down and help families make ends meet."

To qualify for the rebate, residents must have been 18 years or older and a resident in Ontario on December 31, 2023, not be bankrupt or incarcerated in 2024, and have filed a 2023 Income Tax and Benefits Return by December 31, 2024. Families receiving the Canada Child Benefit (CCB) will also get an additional $200 for each eligible child under 18.

The cheques are expected to reach families over the coming weeks, providing much-needed financial support during these challenging times.



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