King Charles warns Canada is facing ‘unprecedented' challenges in apparent rebuke of Trump's annexation threats
King Charles III has warned that Canada is facing unprecedented challenges in a dangerous world as he gave a rare address to the country's parliament at the invitation of new Prime Minister Mark Carney in an apparent show of defiance against President Trump's repeated threats to make the country America's 51st state.
'We must face reality: Since the Second World War, our world has never been more dangerous and unstable. Canada is facing challenges that, in our lifetimes, are unprecedented,' Charles said to the parliament in French.
'Many Canadians are feeling anxious and worried about the drastically changing world around them,' he added.
Advertisement
Canadian Prime Minister Mark Carney sits next to King Charles at the Senate of Canada Building in Ottawa, Ontario, Canada May 27, 2025.
REUTERS
'Canadians can give themselves far more than any foreign power on any continent can ever take away,' King Charles said in his address — apparently referring to Trump's threat.
rfaraino
Charles and Queen Camilla arrived in Canada on Monday at the request of Prime Minister Mark Carney to address Canadians from parliament in Ottawa, the first time a British monarch has done so in almost 50 years.
Charles' appearance 'underscores the sovereignty of Canada,' Carney told reporters.
Advertisement
King Charles didn't refer to Trump by name, but talked about US-Canadian relations in his speech.
'Canadians can give themselves far more than any foreign power on any continent can ever take away. And that by staying true to Canadian values, Canada can build new alliances and a new economy that serves all Canadians,' Charles said, reading from a prepared speech.
'The prime minister and the president of the United States, for example, have begun defining a new economic and security relationship between Canada and the US, rooted in mutual respect and founded on common interests, to deliver transformational benefits for both sovereign nations,' he added.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Hamilton Spectator
29 minutes ago
- Hamilton Spectator
Doman Building Materials Group Ltd. Announces Quarterly Dividend
THIS NEWS RELEASE IS INTENDED FOR DISTRIBUTION IN CANADA ONLY AND IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. VANCOUVER, British Columbia, June 13, 2025 (GLOBE NEWSWIRE) — Doman Building Materials Group Ltd. ('Doman' or 'the Company') (TSX: DBM) is pleased to announce that its board of directors has declared a dividend for the 61st consecutive quarter, which will be paid on July 15, 2025, to shareholders of record on June 30, 2025, of $0.14 per share. About Doman Building Materials Group Ltd. Founded in 1989, Doman is headquartered in Vancouver, British Columbia, and trades on the Toronto Stock Exchange under the symbol DBM. As Canada's only fully integrated national distributor in the building materials and related products sector, Doman operates several distinct divisions with multiple treating plants, planing and specialty facilities and distribution centres coast-to-coast in all major cities across Canada and coast-to-coast across the United States. Strategically located across Canada, Doman Building Materials Canada operates distribution centres coast-to-coast, and Doman Treated Wood Canada operates multiple treating plants near major cities. In the United States: headquartered in Dallas, Texas, Doman Lumber operates 21 treating plants, two specialty planing mills and five specialty sawmills located in nine states, distributing, producing and treating lumber, fencing and building material servicing the central U.S.; Doman Tucker Lumber operates three treating plants, specialty sawmilling operations and a captive trucking fleet serving the U.S. east coast; Doman Building Materials USA and Doman Treated Wood USA serve the U.S. west coast with multiple locations in California and Oregon; and in the state of Hawaii the Honsador Building Products Group services 15 locations across all the islands. The Company's Canadian operations also include ownership and management of private timberlands and forest licenses, and agricultural post-peeling and pressure treating through its Doman Timber operations. For additional information on Doman Building Materials Group Ltd., please refer to the Company's filings on SEDAR+ and the Company's website . For further information regarding Doman please contact: Ali Mahdavi Investor Relations 416-962-3300 Certain statements in this press release may constitute 'forward-looking' statements. When used in this press release, forward-looking statements often but not always, can be identified by the use of forward-looking words such as, including but not limited to, 'may', 'will', 'would', 'should', 'expect', 'believe', 'plan', 'intend', 'anticipate', 'predict', 'remain', 'estimate', 'potential', 'forecast', 'budget', 'schedule', 'continue', 'could', 'might', 'project', 'targeting', 'future' and other similar terminology or the negative or inverse of such words or terminology. Forward-looking information in this news release includes, without limitation, statements with respect to: the ultimate impact (express or implied) of: a) fluctuations in commodity and construction materials pricing; b) the performance of recently acquired businesses; c) the performance of the Canadian and US economies; and d) the impact of COVID-19 on the Company's operational and financial results and on consumer behaviour and economic activity, including but not limited to the first quarter and balance of 2025 results. These forward-looking statements reflect the current expectations of Doman's management regarding future events and operating performance, but involve other known and unknown or unpredictable risks, uncertainties and other factors which may cause the actual results, performance or achievements of Doman, including but not limited, to sales, earnings, cash flow from operations, EBITDA generated, dividends generated or paid by Doman, including whether at the rate as of the date hereof or some other dividend rate in the future which may be lower than either of the preceding rates discussed therein, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such forward-looking statements should therefore be construed in the light of such factors. Actual events could differ materially from those projected herein and depend on a number of factors and risks. These factors and risks include but are not limited to those set out in the Company's annual information form dated March 31, 2025, and other public filings on the Canadian Securities Administrator's website at . By their nature, forward-looking statements involve risk and uncertainty because they relate to events and depend on circumstances that will occur in the future. In addition, a number of material factors or assumptions were utilized or applied in making the forward-looking statements, and may include, but are not limited to, assumptions regarding the performance of the Canadian and U.S. economies, the relative stability of or level of interest rates, exchange rates, volatility of commodity prices, availability or more limited availability of access to equity and debt capital markets to fund, at acceptable costs, Doman's future growth plans, the implementation and success of the integration of Doman's acquisitions and customer and supplier retention, the ability of Doman to refinance its debts as they mature, the Canadian and United States housing and building materials markets; the direct and indirect effect of the U.S. housing market and economy; impacts of changes in international trade policies including tariffs on the Company, its suppliers, customers, cost of goods, sales pricing and the overall economic environment; post-acquisition operation of a business; exchange rate fluctuations between the Canadian and US dollar; retention of key personnel; Doman's ability to sustain its level of sales and earnings margins; Doman's ability to grow its business long term and to manage its growth; Doman's management information systems upon which it is dependent are not impaired or compromised by breaches of Doman's cybersecurity; Doman's insurance is sufficient to cover losses that may occur as a result of its operations; international trade and tariff risks, political risks, the amount of Doman's cash flow from operations; tax laws; and the extent of Doman's future acquisitions and capital spending requirements or planning as well as the general level of economic activity, in Canada and the U.S., and abroad, discretionary spending and unemployment levels; the effect of general economic conditions, including market demand for Doman's products, and prices for such products; the effect of forestry, land use, environmental and other governmental regulations; the risk of losses from fires, floods and other natural disasters and unemployment levels; social and governance risks do not adversely affect the Company's reputation and shareholder, employee, customer, supplier or third party relationships; climate change does not adversely affect the Company's business and/or damage its reputation; and the Company is not adversely impacted by disruptive technologies or competitors deploying same. There is a risk that some or all of these assumptions may prove to be incorrect. These and other factors could cause or contribute to actual results differing materially from those contemplated by forward-looking statements. Accordingly, readers should not place undue reliance on any forward-looking statements or information. These forward-looking statements speak only as of the date of this press release. We caution that the foregoing factors that may affect future results are not exhaustive. When relying on our forward-looking statements to make decisions with respect to Doman, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Neither Doman nor any of its associates or directors, officers, partners, affiliates, or advisers, provides any representation, assurance or guarantee that the occurrence of the events expressed or implied in any forward-looking statements in these communications will actually occur. You are cautioned not to place undue reliance on these forward-looking statements. Except as required by applicable securities laws and legal or regulatory obligations, Doman is not under any obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
San Francisco Chronicle
29 minutes ago
- San Francisco Chronicle
Alert: Republicans are less enthusiastic about Musk after his feud with Trump, a new AP-NORC poll finds
WASHINGTON (AP) — Republicans are less enthusiastic about Musk after his feud with Trump, a new AP-NORC poll finds.
Yahoo
31 minutes ago
- Yahoo
My mother-in-law thought the world's richest man needed Apple gift cards. How on Earth could she fall for this scam?
We just found out that my 75-year-old mother-in-law is a victim of an online scammer. Her cognition is clearly impaired. She has several health problems. We are getting power of attorney and access to her bank accounts. She is definitely lonely. That, I believe, is the root cause. But that's not an excuse to believe that the world's richest man needs you to send him Apple AAPL gift cards. Her siblings are all shocked that she would believe this. How could this happen? Her only income is Social Security and a small pension. Her only asset is her home. It's paid off. My husband had a brief meeting with a lawyer who offered to transfer the deed to my husband to avoid the five-year look-back rule etc. (His mother agreed to it.) My mother-in-law currently gets a large senior tax break on her property taxes of $4,000 a year, which will go away if we transfer the deed. Should we put the house in a trust? What happens to the proceeds when sold? Israel-Iran clash delivers a fresh shock to investors. History suggests this is the move to make. 'I'm 68 and my 401(k) has dwindled to $82,000': My husband committed financial infidelity and has $50,000 in credit-card debt. What now? I'm in my 80s and have 2 kids. How do I choose between them to be my executor? Here's why stocks, bitcoin and gold are racing to record highs at the same time. It hasn't happened in over 10 years. Walmart's stock looks like it's in trouble. What the chart says may come next. Daughter-in-Law Related: I'm 57 and ready to retire next year on $7,500 a month, but my wife says no. Who's right? You have answered your first question. Loneliness and impaired cognition is a potent combination for scammers and fraudsters. Your mother-in-law wants to believe there's another person out there in the ether who takes an interest in her, and 'sees' her literally and figuratively, but her ability to process what is real and what is fake may also be impaired. The smartest people can fall victim to scams at a vulnerable moment and suspend their disbelief, as if watching a play, until it's too late. There have been cases recently where older people were scammed of six figures by thieves using AI and/or pretending to be famous people. In January, a French woman said she was conned out of €830,000 (approximately $868,000) by someone pretending to be the actor Brad Pitt. She received even more online abuse from people mocking her. She told reporters: 'I came forward because I am not the only one.' While your husband's power-of-attorney document will expire after your mother-in-law's death, estate plans often include what's called a 'durable' power of attorney. This permits the trusted individual (in this case, your husband) to retain power of attorney if and/or when your mother-in-law can no longer make decisions for herself. A conservatorship is an involuntary process and takes place when a person is unable to take care of their finances. Each state has its own rules for guardianships and conservatorships. To apply to be a conservator, your husband would need to file a petition with the probate court in the county where your mother-in-law lives and detail all the responsibilities, powers and duties he intends to take on for her. He would also need to submit a plan for her care. That does not, from what you say, appear to be required in this case. Your mother-in-law or her POA should also freeze her credit with all three major credit bureaus — Experian EXPGF, TransUnion TRU and Equifax EFX EFX — so no one can take out loans or open accounts in her name. People 60 and older are five times as likely as younger consumers to report losing money to tech-related scams, according to the Federal Trade Commission. Phone scams are the No. 1 scam affecting older people, followed by computer-related fraud. You should consult an attorney who specializes in elder law. A person's home is generally exempt as long as it is a principal residence and your equity doesn't exceed a certain amount. Other exemptions, depending on where you live, include one automobile as long as it's used to get to and from work, used to obtain medical treatment or is essential because you have a disability. Personal property used as investments — such as artwork — may not be exempt. The laws on property also vary, depending on where she lives. Several states, including Florida, New York and California, have rules that exempt a primary residence from assets calculated by Medicaid under certain circumstances. In many states, your mother-in-law or her spouse (if he were alive) would need to live in the home or have plans to return to it (if it's empty) if you wish the property to remain exempt from Medicaid. While one's primary home is generally not counted toward Medicaid's asset limit, it is not exempt from Medicaid's Estate Recovery Program, the American Council on Aging says. Your state Medicaid agency may attempt reimbursement of care costs through whatever estate of the deceased remains, and that includes the home. Furthermore, if your mother-in-law signs over her home to your husband, he will lose his step-up in-basis tax advantage. As you suggest, some people plan ahead by establishing an irrevocable trust before the five-year look-back rule. By transferring your assets into an irrevocable trust, you no longer own them and, therefore, they are exempt from Medicaid. 'They also protect assets for one's children and other relatives, which is a win-win for Medicaid applicants and their families,' says the American Council on Aging. A Medicaid Asset Protection Trust (or irrevocable income-only trust) can protect the assets of a person who wishes to apply for Medicaid, as long as this is done before the look-back period. You can include stocks and bonds, bank accounts and CDs, and secondary properties. With a MAPT, you are giving up control of these assets. Medicaid can challenge the trust, and the challenge can be complex and expensive. It will be an easier path ahead if your mother-in-law is open to help. Related: My wife asked for a divorce after 21 years. She wants to buy a house with our savings, but promises to help pay my mortgage. Previous columns by Quentin Fottrell: My husband will inherit $180K. I think we should invest the money. He wants to pay off his $168K mortgage. Who's right? 'I'm at a loss': My boyfriend of nearly 10 years is naming his elderly parents as beneficiaries and giving them power of attorney. Am I right to be upset? 'We have no prenuptial agreement': Will my wife be able to take my money if I transfer it to my retirement account? . My friend, 83, wants to add me to his bank account to pay his bills. What could go wrong? 'It might be another Apple or Microsoft': My wife invested $100K in one stock and it exploded 1,500%. Do we sell? My life partner is 18 years my senior. He wants to leave his $4.5 million fortune to me — not his two kids. Do we tell them? 'I prepaid our mom's rent for a year': My sister is a millionaire and never helps our mother. How do I cut her out of her will? 'I am getting very frustrated': My mother's adviser has not returned my calls. He manages $1 million. Is this normal?
