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Bank of Canada says higher interest rates still needed to tame inflation

OTTAWA, Nov 23 (Reuters) – Inflation in Canada remains too strong, and higher interest rates will be needed to cool the overheating economy, Bank of Canada Governor Tiff Macklem said in testimony at the House of Commons on Wednesday.

“Inflation has come down in recent months, but we have yet to see a generalized decline in price pressures,” Macklem said. “This tightening phase will draw to a close. We are getting closer, but we are not there yet.”

Lifting pandemic stimulus sooner would’ve limited inflation: Bank of Canada’s Macklem

The Bank of Canada and the federal government could have taken their foot off the gas sooner when stimulating the economy during the COVID-19 pandemic, Governor Tiff Macklem said Wednesday, but he added that knowledge is only clear now with the benefit of hindsight.

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by Blazingcatfur••0•Posted inCanada, WTF?

BIG TITS Trans teacher who sparked controversy with her size Z prosthetic breasts goes skydiving with ‘conservative’ male porn star

The transgender teacher who made international headlines earlier this year after she showed up to work at her Toronto-area high school with prosthetic size Z breasts is back in the news.

According to photos posted by male porn star Voodoo, whose real name is Alexandre Boisvert, he took Oakville Trafalgar High School shop teacher Kayla Lemieux skydiving back in October.

He wrote in the caption of the tweeted photos: ‘I took him skydiving and his hair came off. No problems with the huge fake breasts. Those stayed in place.’ Lemieux uses she/her pronouns.

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by Blazingcatfur••0•Posted inBig Tranny, Canada, WTF?

Wagner chief sends European parliament a bloodied sledgehammer in sick reference to Russian deserter his forces beat to death, after Europe declared Russia a ‘terrorist state’

The head of Russian private army Wagner has trolled the West showing a bloodied sledgehammer he wants to present to the European Parliament.

Vladimir Putin’s crony Yevgeny Prigozhin was responding to a vote to declare Russia a ‘state sponsor of terrorism’.

The sick stunt relates to an episode in which a Wagner fighter from Russia was bludgeoned to death with a sledgehammer after defecting to Ukraine, before being exchanged back allegedly at his request.

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by Blazingcatfur••0•Posted in"Ukraine - Russia", WTF?

Suspect held after 4 Chinese nationals killed at US cannabis farm

A suspect has been held in the killings of four Chinese nationals on Sunday at a rural marijuana farm in the US state of Oklahoma, investigators say.

Wu Chen, 45, was arrested on Tuesday 1,500 miles (2,400km) away in Florida, said law enforcement officials.

The bodies were found after police received a call of a hostage situation near the town of Hennessey, 55 miles north of Oklahoma City.

Oklahoma allows medical cannabis. It is unclear if the farm was licensed.

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by Blazingcatfur••0•Posted inUSA, WTF?

Elections Canada chief not aware of Chinese election interference allegations

Canada’s top elections officer says he wasn’t aware of allegations of Chinese interference in the 2019 election prior to seeing reports about it on the news.

Testifying before the standing committee on procedure and house affairs on Tuesday, Elections Canada’s Chief Electoral Officer Stéphane Perrault told committee members he wasn’t aware of the allegations — made last month in a report by Global News — until reading about it.

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by Blazingcatfur••0•Posted in"Canada's China Class", "China - Communist Slave State", Canada's Corrupt Liberal Government, Canada's Corrupt Political Class, WTF?

Meanwhile in Mexico …

Dog carrying severed hand leads to discovery of 53 bags of human remains in Mexico’s most violent state

The sight of a dog running through town with a severed hand in its mouth led to a gruesome discovery in Mexico — 53 buried bags filled with human remains.

The sickening cache of decaying bodies was found in late October during a festival called El Cervantino in Guanajato, a violent state ravaged by drug cartel murders, according to Agence French-Presse.

Desperate people rushed to the burial site in the town of Irapuato after seeing the dog with the exhumed hand, and started looking for signs of their lost loved one — even as music from the nearby celebration could be heard in the background.

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by Blazingcatfur••0•Posted inMexican drug cartels, Mexico, Mexico - Failed State, WTF?

Sam Bankman-Fried’s FTX, senior staff, parents bought Bahamas property worth $300 mln

NEW PROVIDENCE, Bahamas, Nov 22 (Reuters) – Sam Bankman-Fried’s FTX, his parents and senior executives of the failed cryptocurrency exchange bought at least 19 properties worth nearly $121 million in the Bahamas over the past two years, official property records show.

Separately, attorneys for FTX said on Tuesday that one of the company’s units spent $300 million in the Bahamas buying homes and vacation properties for its senior staff, and that FTX was run as a “personal fiefdom” of Bankman-Fried. No further details were given.

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by Blazingcatfur••0•Posted in"Digital Currency", Crime, WTF?

40 people on FBI terror watchlist apprehended at US borders in October – 25 at the US-Canadian border

At least 40 individuals on the US terrorist watch list have been nabbed while trying to enter the country in the last month, according to US Customs and Border Protection.

In October, nine people whose names are flagged on the terror watch list tried to sneak over the US border illegally, circumventing border walls or crossing at a point between official points of entry and later being detained by the US Border Patrol.

An additional 31 suspected terrorists were stopped at usual ports of entry by customs agents — 25 at the US-Canadian border and the six at the southern border.

WTF?  Just who is in charge of immigration in Canada?

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by Blazingcatfur••0•Posted inCanada, terrorism, USA, WTF?