The Bank of Canada is planning to eliminate hundreds of jobs, about 10% of its workforce, as part of Prime Minister Mark Carney’s bid to reduce government expenses.
About 225 employees at the central bank will be affected, according to a memo seen by Bloomberg News. The cuts will take place “over the next few months” and be completed by June, it said.
Victor Davis Hanson is warning that Democrats' move towards socialism and their embrace of figures such as Zohran Mamdani is not going to end well.
Mamdani, a socialist who's promised to redistribute wealth, and insists that "taxation isn't theft, capitalism is" - is pushing politics that VDH says are 'contrary to human nature.'
"Historically, socialists always come in after capitalists have made prosperity, and then they offer and improve prosperity," he told Fox News' Laura Ingraham. "And it’s contrary to human nature. People like initiative. They like pride in their property. Some people like to work a lot and get compensated."
According to Hanson, when the state is in control of human innovation and productivity, it it 'has to be repressive.'
"It gives you that freedom of opportunity. And then the society at large benefits, Laura, from all these millions of agendas and ideas that improve, that people are free to innovate and to take experiments and risk. But when the state monopolizes all of that, it’s contrary to human nature, and then it has to be repressive," Hanson said. "So all of these social experiments, even if they’re democratic, they end up repressive. At the worst form, it’s no accident that the greatest mass murderers in history were Mao [Zedong] and [Joseph] Stalin, 30 million, 60 million, and they were radical communists, and even people like Hitler, National Socialist Party."
And of course, whoever is running a communist regime is living a life of privilege.
"Talented people who can help the economy, who are successful or demonized, they flee. People who want things for nothing come in. There’s open borders," Hanson continued. "They destroy personal liberty, and they stamp out any dissent or criticism. And there’s always an elite, the billionaire Castro brothers, Chavez and Maduro. They always are never subject to their consequences, their ideology. Here in California, we are becoming socialist."
A hateful vandal scrawled red swastikas on the front of a Brooklyn yeshiva overnight Wednesday, just hours after the election of anti-Israel Mayor-elect Zohran Mamdani raised fears of a new “normalization of antisemitism.”
Security staff called 911 when they discovered the hateful symbols drawn in red paint on the pillars and window of the Magen David Yeshiva on McDonald Avenue near Avenue S in Gravesend around 6:30 a.m., police said.
The solo suspect, who wore all black during the brazen act, fled on foot and had not been arrested by early Wednesday, cops said.
The hateful display sparked backlash from Republican Rep. Nicole Malliotakis, who urged Mayor-elect Zohran Mamdani to immediately condemn it.
“Brooklyn’s Jewish community wakes up to two swastikas at Magen David Yeshiva in Gravesend,” said Malliotakis, who represents Staten Island and parts of Southern Brooklyn.
“While @NYPDHateCrimes investigates, the Mayor-elect must unequivocally condemn this hateful graffiti…Time to represent and protect ALL New Yorkers.”
Pinny Ringel, a district leader within Assembly District 48, which covers the area, chimed in that “Hate has no place in this city and should be condemned by everyone.”
The disturbing discovery came hours after Jewish groups vowed to hold 34-year-old Mamdani – who frequently came under fire throughout his campaign for his anti-Israel ideology – “fully accountable.”
“Tonight the quiet normalization of antisemitism just got very loud. For years, Mayor-elect Mamdani’s activism was steeped in coded language about Jews, performative boycotts, exclusion, and overt hostility toward Israel,” Sarah Forman, Executive Director of New York Solidarity Network said.
“Now, his views gain a platform with real consequences for the city that is home to the largest Jewish community in the diaspora.”
Democratic socialist Mayor-elect Zohran Mamdani fired warning shots at President Trump on Wednesday — threatening to “utilize the courts” if the commander-in-chief follows through with his threats to defund the Big Apple.
Mamdani wasted little time in making clear he intends to stand up to the Republican president as he vowed not to be intimated in the wake of his election victory.
“The first thing is, you actually utilize the courts. You stop treating things as being law just by virtue of the fact that President Trump is saying them,” a fired-up mayor-elect told “Good Morning America” when asked exactly how he planned to push back against Trump’s earlier threats.
“You can look at the example of California, where you find the attorney general, the governor and the mayor of LA coming together, filing a lawsuit in opposition to the deployment of the National Guard.”
Mamdani later doubled down and defended his decision to use his victory speech to taunt Trump directly.
“I have said time and again that I will work with the president if he wants to work together to deliver on his campaign promises of cheaper groceries or a lower cost of living,” Mamdani told NY1 as he kicked off his post-election media interviews.
“But for too long, what New Yorkers have seen is a mayor who has been willing to work with the president at the expense of those New Yorkers. I want to make it very clear that if the president looks to come after the people of this city, I will be there standing up for them every step of the way.”
In the lead-up to the election, Trump — who repeatedly ripped Mamdani as a “Communist” — had vowed to withhold federal funds from the city if New Yorkers voted the socialist in.
“Donald Trump, since I know you’re watching, I have four words for you: Turn the volume up,” Mamdani told his victory party.
“If anyone can show a nation betrayed by Donald Trump how to defeat him, it is the city that gave rise to him.”
Trump quickly fired back in a Truth Social post, “…AND SO IT BEGINS!”
Hours later, Trump stopped short of mentioning Mamdani by name as he acknowledged the widespread Republican losses in various elections across the country.
“We had that big, beautiful victory exactly one year ago,” Trump told Republican senators at a White House breakfast.
“And last night it was, you know, not expected to be a victory. It was very Democrat areas. But I don’t think it was good for Republicans. I’m not sure it was good for anybody.”
“We had an interesting evening, and we learned a lot, and we’re going to talk about that, and I’ll say a few remarks, and then after that, I’ll ask the press to leave,” he added.
