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(Bloomberg) -- The Canadian dollar slid to its lowest level since March 2020 as Prime Minister Justin Trudeau’s government slips into crisis after the shocking resignation of his finance minister. The currency extended its recent losses to slide another 0.4% on Tuesday past 1.43 per US dollar, the weakest level since the Covid-19 pandemic first shuttered cities. The loonie has been declining as the US’s northern neighbor’s economy lags and officials struggle to come up with a plan to respond to President-elect Donald Trump’s tariff threats. https://www.bnnbloomberg.ca/investing/2024/12/17/canadas-dollar-slumps-to-covid-era-low-as-political-risk-mounts/

Trump’s return to the world stage – even though his official inauguration is on January 20 – is already claiming numerous victims. Arguably, even the fall of both the French and German government in recent months have been given some impetus by the political events in the US. But one of the clearest victims appears to be Canadian Finance Minister Chrystia Freeland, who resigned yesterday, citing differences with PM Trudeau’s Cabinet over how to prepare for a looming trade war with its big neighbour. Observers say her comments in her resignation letter on “eschewing political gimmicks” likely refer to the temporary tax cuts and pay-checks planned by the government to support consumption. She sees handing out money as fiscally imprudent. Given that she announced her decision just hours before she was due to speak in Parliament on the fiscal and economic outlook, markets reacted with a fall in the Canadian dollar (depreciating some 0.4% vis-à-vis the US dollar) and rising bond yields (some 7bp on the 10y note) https://www.zerohedge.com/political/trumps-return-world-stage-already-claiming-numerous-victims

A top NDP official has said his party is willing to defeat the Liberals in a confidence vote if Justin Trudeau hasn’t resigned by next February or March, a timeline that happens to coincide with leader Jagmeet Singh’s pension eligibility. https://tnc.news/2024/12/17/ndp-timeline-ousting-liberals-singh-pension/

For those of you that are struggling with weight loss and have some trust left in pharma, please read this BEFORE taking this latest "miracle drug", ESPECIALLY the part about being "irreversible and there is no treatment" . . . New Study Links Ozempic To Vision Loss, Confirms Harvard Research Non-arteritic anterior ischemic optic neuropathy, or NAION, occurs when blood flow to the optic nerve is blocked, causing sudden vision loss. The results indicate that a type 2 diabetes patient taking Ozempic for two decades would have a .3% to .5% chance of developing NAION. "The vision loss is usually irreversible and there is no treatment. Given the serious nature of this potential adverse effect of semaglutide, we leveraged the nationwide Danish and Norwegian health registries to further investigate this association" https://www.zerohedge.com/medical/new-study-links-ozempic-vision-loss-confirms-harvard-research

Finance Minister and Deputy Prime Minister Chrystia Freeland has announced her resignation from Justin Trudeau’s cabinet, taking aim at “costly political gimmicks” on the eve of the government’s fall economic update. In a letter to Trudeau posted on social media Monday morning, Freeland said rather than be shuffled to another cabinet position she will be resigning, claiming she and Trudeau have been “at odds about the best path forward for Canada.” There have been several reports that Trudeau is actively courting former Bank of Canada governor Mark Carney to join his cabinet. https://tnc.news/2024/12/16/freeland-resigns1/

Nothing like this has ever happened before. Nobody alleges that the electoral process itself was fraudulent. The only claim is that classified evidence supposedly exists allegedly suggesting that the popularization of Georgescu’s content on TikTok might have been inorganic. When all was said and done, however, more voters still chose him over anyone else. This means that speculative degrees of separation between them and a foreign actor via social media was enough to annual the election. This is a disturbing precedent that can easily be exploited by the West the next time that a populist conservative-nationalist with “politically incorrect” foreign policy views wins an election. At the time of writing, a redo hasn’t yet been scheduled, but it’s expected after the new pro-Western parliament convenes on 20 December. About that, their elections were held after the first presidential round, but no accusations of foul play followed. This is obviously due to the West receiving its desired result. https://www.zerohedge.com/geopolitical/romanias-constitutional-coup-meant-buy-more-time-nato-ukraine

It is not every day that you achieve the status of “he-who-must-not-be-named.” But that curious distinction has been bestowed upon me by OpenAI’s ChatGPT, according to the New York Times, Wall Street Journal, and other publications. For more than a year, people who tried to research my name online using ChatGPT were met with an immediate error warning. It turns out that I am among a small group of individuals who have been effectively disappeared by the AI system. How we came to this Voldemortian status is a chilling tale about not just the rapidly expanding role of artificial intelligence, but the power of companies like OpenAI. Joining me in this dubious distinction are Harvard Professor Jonathan Zittrain, CNBC anchor David Faber, Australian mayor Brian Hood, English professor David Mayer, and a few others. https://www.zerohedge.com/political/ghosted-chatgpt-how-jonathan-turley-was-first-defamed-then-deleted-ai

Deputy Prime Minister and Finance Minister Chrystia Freeland has announced she’s resigning from Prime Minister Justin Trudeau’s cabinet, after she says he told her he no longer wanted her in the top economic post. In a letter Freeland posted to social media on Monday morning, Freeland said this decision came after Trudeau offered her “another position in Cabinet.” “Upon reflection, I have concluded that the only honest and viable path is for me to resign from the cabinet,” Freeland said in the bombshell letter. “To be effective, a minister must speak on behalf of the prime minister and with his full confidence.” “In making your decision, you made clear that I no longer credibly enjoy that confidence,” she added, addressing the prime minister directly. https://www.bnnbloomberg.ca/business/politics/2024/12/16/chrystia-freeland-resigns-from-justin-trudeaus-cabinet/

Prime Minister Justin Trudeau is holding a cabinet meeting this morning ahead of the release of his government’s fall economic statement. The meeting comes amid news that his federal Housing Minister Sean Fraser will not be seeking re-election. A government official, who is not authorized to speak publicly about the issue, confirmed that Fraser is stepping away from federal politics for family reasons. The Nova Scotia MP, who is expected to publicly disclose his plans this morning, held several parliamentary secretary roles before he was named immigration minister. https://www.bnnbloomberg.ca/business/politics/2024/12/16/trudeaus-cabinet-meets-ahead-of-fes-fraser-wont-seek-re-election/