Elon Musk, world's richest man and a Canadian citizen, landed on a secret trip in a small B.C. town; he then went to an even more stealthy area
(You can now subscribe to our
(You can now subscribe to our Economic Times WhatsApp channel
In a surprising visit that has sparked curiosity across Canada , billionaire entrepreneur Elon Musk , along with one of his sons, recently touched down in the small town of Bella Bella , located on British Columbia's Central Coast.Musk, best known as CEO of Tesla , SpaceX, and owner of the social media platform X, was tracked arriving late on a Friday night and departing the following Monday afternoon. The visit was confirmed through online flight logs and photographs shared with CBC News.With a massive net worth of $413 billion, Musk is shaping global industries from electric vehicles to private spaceflight.Musk's recent visit to the small town of Bella Bella, British Columbia, was primarily a private trip. After arriving by small private plane on Saturday, Musk was then whisked away by helicopter. Locals, in conversation with CBC, speculated that he may have been visiting a private property near Bella Coola, owned by James Murdoch—son of media tycoon Rupert Murdoch and a Tesla board member.The area around Bella Bella is known for its stunning natural beauty and is a popular destination for recreational activities such as fishing, boating, and wildlife watching. Its remote coastal location attracts the rich and famous personalities including the members of the Royal Family Elon Musk's connection to Canada runs deep. Although born in Pretoria, South Africa, Musk holds Canadian citizenship through his mother, Maye Musk, who was born in Regina, Saskatchewan. Musk moved to Canada as a teenager and has spent significant periods of his early life living and working here, including time in Saskatchewan and Vancouver before attending Queen's University in Ontario.This visit comes amid heightened attention on Musk's relationship with Canada. Earlier in 2025, a high-profile parliamentary petition gathered over 340,000 signatures urging the Canadian government to revoke Musk's citizenship. The petition alleges that Musk's close ties with US President Donald Trump and involvement in policies perceived as hostile towards Canada threaten Canadian national interests. Musk responded controversially on social media by stating, 'Canada is not a real country,' a post he later deleted.Adding to the context, British Columbia's Premier David Eby excluded Tesla products from the province's electric vehicle incentive program, explicitly linking the move to Musk's political stance. Various Canadian municipalities have begun reconsidering partnerships with Musk-owned entities like X, although many rural communities continue to rely on Musk's Starlink satellite internet to improve connectivity in hard-to-reach areas.Despite the controversy, Musk's Canadian citizenship remains legally secure. According to Canadian immigration law, citizenship can only be revoked for fraud, misrepresentation, or major crimes such as treason. Experts say it is highly unlikely the petition will lead to Musk losing his citizenship, serving more as a symbolic call for accountability.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
14 minutes ago
- Time of India
Elon Musk pulls back on America Party plans, claims report; Tesla CEO fires back
A Wall Street Journal (WSJ) report recently said that is quietly 'pumping the brakes' on his plans to launch a new political party. The tech billionaire announced ' America Party ' in July after a fallout with President on the spending bill and tax cuts. Tired of too many ads? go ad free now Elon Musk, as per the report, has stayed in touch with Vice President JD Vance in recent weeks. Quoting people with knowledge of his plans, it adds that the Tesla CEO has 'acknowledged to associates that if he goes ahead with forming a political party, he would damage his relationship with the vice president'. Elon Musk responds Responding to the WSJ report, Elon Musk wrote on X (formerly known as Twitter): 'Nothing @WSJ says should ever be thought of as true'. Elon Musk to back JD Vance in 2028 Presidential elections: Report In the 2024 presidential election, Elon Musk supported Republican candidate Donald Trump. He spent close to $300 million to support Trump and other Republicans in the 2024 election. Soon after his win, Musk and Trump became strong allies with the tech billionaire leading the Department of Government Efficiency (DOGE) – task force set up by the Trump administration to cut federal spending. The WSJ report states that the tech CEO hasn't 'formally ruled out creating a new party and could change his mind as the midterm elections near'. It further adds that Elon Musk plans to use 'some of his vast financial resources to back Vance if he decides to run for president in 2028'. As per the report, any decision by Elon Musk to abandon plans of launching a third party would work in favor of Republicans ahead of next year's midterm elections. Third parties in the US have historically played the role of spoilers by pulling votes away from the two dominant parties.
Time of India
14 minutes ago
- Time of India
Industry body SEA warns new vegetable oil rules may challenge smaller producers
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel The government's new vegetable oil regulation marks the sector's biggest overhaul in over a decade but could burden thousands of small producers lacking digital infrastructure, industry body SEA President Sanjeev Asthana said on Vegetable Oil Products Production and Availability (Regulation) Amendment Order, 2025, replaces key provisions of the 2011 framework and aligns with the Collection of Statistics Act, 2008, seeking to improve transparency and data accuracy across the value larger players may adapt quickly to the new requirements, the Solvent Extractors' Association (SEA) President warned that thousands of small and unorganised producers-many without digital systems-could struggle with mandatory portal-based registration and monthly filing requirements."The bigger question is whether the government can identify and onboard all such units," Asthana said in a statement. "Without full coverage, compliance gaps could persist despite tighter rules, defeating the objectives of the Order," he said in a amended order mandates monthly reports by the 15th of each month, detailing oil usage, production, and other operational data, raising industry concerns about data confidentiality and technical highlighted practical challenges, including the need for robust safeguards on confidentiality, limits on cross-departmental data use, and portal reliability concerns that could cause inadvertent non-compliance if technical glitches occur near filing industry body also called for clearer definitions for certain blended or value-added products and a reasonable transition timeline to avoid confusion and market disruption."The amendment enhances transparency, facilitates better market intelligence, and supports evidence-based policymaking", according to government statements on the implementation concerns, Asthana acknowledged that a well-regulated and documented sector would ultimately improve policy-making and enhance India's global competitiveness in vegetable oils."The key will be adapting swiftly while ensuring no producer-large or small-is left behind in the edible oil industry," he Solvent Extractors' Association of India represents 875 members, including about 350 working solvent extraction plants with a combined processing capacity of about 30 million tonnes annually.
Time of India
40 minutes ago
- Time of India
US Fed minutes could show whether Waller and Bowman had company in favoring rate cuts soon
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Last month's decision by the U.S. Federal Reserve to hold interest rates unchanged prompted dissents from two top central bankers who wanted to lower rates to guard against further weakening of the job market , and a readout of that two-day gathering on Wednesday could show whether their concerns had started to resonate with other policymakers, perhaps reinforcing expectations that borrowing-cost reductions could begin next even 48 hours after the conclusion of the July 29-30 Federal Open Market Committee meeting, data from the Labor Department appeared to validate the concerns of Fed Vice Chair for Supervision Michelle Bowman and Governor Christopher Waller when it showed far fewer jobs than expected were created in July, the unemployment rate ticked up and the labor force participation rate slid to its lowest since late unsettling, though, was an historic downward revision for estimates of employment in the previous two months. That revision erased more than a quarter of a million jobs thought to have been created in May and June and put a hefty dent in the prevailing narrative of a still-strong job market. The event was so angering to President Donald Trump that he fired the head of the Bureau of Labor Statistics Data since then, however, has provided some fodder for the camp more concerned that Trump's aggressive tariff regime risks rekindling inflation to hold their ground against moving quickly to lower rates. The annual rate of underlying consumer inflation accelerated more than expected in July and was followed by an unexpectedly large jump in prices at the producer level."The minutes to the July Federal Open Market Committee will give a more nuanced sense of the split on the committee between the majority that voted to leave rates on hold and the dovish bloc led by dissenting Governors Miki Bowman and Christopher Waller," analysts at Oxford Economics wrote ahead of the minutes release, set for 2 p.m. ET (1800 GMT) on Wednesday. "However, the minutes are more stale than usual since they predate the revised payroll figures, which prompted a rapid repricing of the probability of a September rate cut."Heading into the release of the minutes, CME's FedWatch tool assigns an 85% probability of a quarter-point reduction in the Fed's policy rate from the current range of 4.25%-to-4.50%, where it has remained since reason the minutes may feel stale on arrival is they come just two days before a highly anticipated speech from Fed Chair Jerome Powell at the annual economic symposium near Jackson Hole, Wyoming, hosted by the Federal Reserve Bank of Kansas keynote speech on Friday morning - set to be his last Jackson Hole address as Fed chair with his term expiring next May - could show whether Powell has joined ranks with those sensing the time has come for steps to shield the job market from further weakening or if he remains in league with those more wary of inflation in light of its moves away from the central bank's 2% lack of Fed rate reductions since Trump returned to the White House has agitated the Republican president, and he regularly lashes out at Powell for not engineering rate cuts . Trump is already in the process of screening possible successors to Powell and after the unexpected resignation earlier this month of one of the seven Board of Governors members, he has a chance to put his imprint on the Fed has nominated Council of Economic Advisers Chair Stephen Miran to fill the seat vacated by Adriana Kugler, a term that expires at the end of January. It is unclear whether Miran will win Senate confirmation before the Fed's September 16-17 meeting.
