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Canada’s economic growth projected to be about 1% in the first half of 2024
Canada is a country with a thriving Jewish community and has traditionally offered the security of a strong economy for residents. The national economic outlook is naturally something that everyone in Canada’s Jewish community keeps track of – especially those involved in business in the various provinces.
With this in mind, the July 2023 Monetary Policy Report from the Bank of Canada made for interesting reading, projecting a moderate economic growth figure of around 1% for the first half of 2024. This is in line with growth figures that had been forecast for the second half of 2023, and sees the country’s economy remain on a stable footing.
Steady projected growth for first half of 2024
Although projected economic growth of around 1% in early 2024 is not as impressive as figures of around 3.4% in 2022 and 1.8% in 2023, it is certainly no cause for alarm. But what might be behind it?
Higher interest rates are one major factor to consider and have had a negative impact on household spending nationally. This has effectively seen people with less spending power and businesses in Canada generating less revenue as a result.
Interest rate rises have also hit business investments nationally, and less money is being channelled into this area to fuel Canada’s economic growth. When you also factor in how the weak foreign demand for Canadian goods and services has hit export growth lately, the projected GDP growth figure for early 2024 is understandable.
Growth in second half of 2024 expected
Although the above may make for interesting reading for early 2024, the Bank of Canada’s report does show that economic growth is expected to pick up in the second half of the year. This is projected to be due to the decreasing effect of high interest rates on the Canadian economy and a stronger foreign demand for the country’s exports.
Moving forward from this period, it is predicted that inflation will remain at around 3% as we head into 2025, and hit the Bank of Canada’s inflation target of 2% come the middle of 2025. All of this should help the country’s financial status remain stable and prove encouraging for business leaders in the Jewish community.
Canada’s economic growth mirrors iGaming’s rise
When you take a look at the previous growth figures Canada has seen and also consider the growth predicted for 2024 (especially in the second half of the year), it is clear that the country has a vibrant, thriving economy.
This economic growth is something that can be compared with iGaming’s recent rise as an industry around the country. In the same way as Canada has steadily built a strong economy over time, iGaming has transformed itself into a powerful, flourishing sector.
This becomes even clearer when you consider that Canadian iGaming has been a major contributor to the sustained growth seen in the country’s arts, entertainment and recreation industry, which rose by around 1.9% in Q2 of 2023. The healthy state of online casino play in Canada is also evidenced by how many customers the most popular casino platforms attract and how the user experience these operators offer has enabled iGaming in the country to take off.
This, of course, is also something that translates to the world stage, where global iGaming revenues in 2023 hit an estimated $95 billion. iGaming’s global market volume is also pegged to rise to around $130 billion by 2027. These kinds of figures represent a sharp jump for iGaming worldwide and show how the sector is on the ascent.
Future economic outlook for Canada in line with global expectations
When considering the Canadian economic outlook for 2024, it is often useful to look at how this compares with global financial predictions. In addition to the rude health of iGaming in Canada being reflected in global online casino gaming, the positive economic outlook for the country is also broadly in line with expectations for many global economies.
Global growth is also predicted to rise steadily in the second half of 2024 before becoming stronger in 2025. This should be driven by the weakening effects of high interest rates on worldwide economic prosperity. With rate cuts in Canada already expected after Feb 2024’s inflation report, this could happen in the near future.
The performance of the US economy is always of interest in Canada, as this is the country’s biggest trading partner. Positive US Q2 performances in 2023, powered by a strong labor market, good consumer spending levels and robust business investments, were therefore a cause for optimism. As a US economy that continues to grow is something that Canadian businesses welcome, this can only be a healthy sign.
Canada set for further growth in 2024
Local news around Canada can cover many topics but the economy is arguably one of the most popular. A projected GDP growth figure of around 1% for Canada’s economy shows that the financial state of the country is heading in the right direction. An improved financial outlook heading into the latter half of 2024/2025 would make for even better reading, and the national economy should become even stronger.
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Mamdani to attend Passover Seder as he navigates ties with Jewish groups amid rising antisemitism
New York City Mayor Zohran Mamdani is set to attend a Passover Seder on Monday night at the City Winery in Manhattan, stepping into a decades-old cultural tradition that doubles as a symbolic test of his relationship with the city’s Jewish community.
Mamdani is slated to appear alongside a liberal rabbi, an Israeli musician and an observant comedian at the annual Downtown Seder hosted by nightlife impresario and entrepreneur Michael Dorf. All net proceeds from the event will be donated to Seeds of Peace, a New York-based nonprofit founded in 1993 that helps young people from conflict regions build leadership skills and engage in dialogue.
Founded in 1991 and held at the East Village’s Knitting Factory and later at the Museum of Jewish Heritage, the Downtown Seder brings together artists, activists and public figures for a contemporary retelling of the Exodus story. Dorf, who is Jewish and launched City Winery in 2008, has described the gathering as a “supplement” to traditional seders. Passover begins Wednesday evening at sundown.
“The Seder is about asking urgent questions — about freedom, responsibility, and how we care for one another,” Dorf said in a statement. “Each year, we bring together voices who challenge, inspire, and reflect the world as it is — and as it could be.”
Featured guests this year include former CNN anchor Don Lemon, Israeli musician David Broza, and comedian Modi Rosenfeld. Former Mayor Eric Adams was the featured guest at the Seder in 2023.
A City Hall spokesperson said Mamdani will also host a private Passover dinner with city workers.
Mamdani’s participation at the Seder on Monday comes at a delicate political moment. A vocal critic of Israel who supports the boycott movement and has declined to recognize Israel specifically as a Jewish state, Mamdani has faced backlash from Zionist Jewish organizations, particularly after revoking executive orders tied to antisemitism and campus protests on his first day in office and his recent refusal to back legislation aimed at curbing disruptive protests outside synagogues and schools.
Reflecting his outreach efforts since taking office, his appearance at the Seder signals an ongoing effort to engage Jewish audiences drawn to themes of justice and coexistence and who are willing to be part of the conversation.
The event that Mamdani will speak at will also feature remarks from Rabbi Amichai Lau-Lavie, a rabbi and human rights activist, who will appear via video from Israel, according to the organizers.
Last week, Mamdani helped load cars with Passover food for Orthodox families at the annual Chasdei Lev distribution event in Brooklyn. He also met with Orthodox businessman Dov Bleich at his office, who showed him a Haggadah dating to the Civil War era in New York.
In his interview with the Forward last April, Mamdani framed the Exodus story as a call for collective liberation struggles. He invoked the biblical story of Moses confronting Pharaoh as a metaphor for present political challenges. “This moment with so many Pharaohs around us — whether they be Donald Trump, ICE or this troubling rise of antisemitism — we must take a lesson from those words of the necessity of not only having our lips not tremble or falter, but that the power in doing this comes in a shared belief in the possible,” Mamdani said. As a candidate, Mamdani attended a Seder hosted by Jews for Racial and Economic Justice.
Jewish politicians mark Passover amid rising antisemitism
Other politicians have also sought to mark Passover in ways that resonate with Jews grappling with rising antisemitism.
New York City Council Speaker Julie Menin co-hosted an interfaith Seder with the Jewish Community Relations Council on Thursday at Tsion Cafe, an Ethiopian Jewish restaurant in Harlem that closed earlier this year, after the owner faced ongoing harassment and vandalism since the Oct. 7 Hamas attack on Israel. “The story of Passover is a story of hope, perseverance, grit and determination for the Jewish community,” Menin said in her remarks. She added that it is symbolic that this year all the major religious holidays — Ramadan, Lent, Easter and Passover — have converged around the same time. “This is what our city needs more of — focused on unity and inclusion,” she said.
Some see Menin’s role as the Council’s first Jewish speaker as a counterweight to Mamdani on Jewish communal issues. On Thursday, the Council passed two bills that direct the NYPD to craft a plan within 45 days for managing protests around houses of worship and schools.
Illinois Gov. JB Pritzker hosted a Seder with Jewish leaders last week at his official residence. Last year, Pritzker, among a handful of Jewish politicians in leadership roles offering the Democratic Party a path forward ahead of the midterm elections, invoked his family’s history and his role in building the Illinois Holocaust Museum & Education Center to criticize President Donald Trump’s policies, comparing them to authoritarian tactics.
Pennsylvania Gov. Josh Shapiro is set to hold a family Seder at his official residence and will mark the first anniversary of the arson attack on the first night of Passover last year by an intruder, who said he wanted to beat the governor with a sledgehammer over what he claimed was a lack of empathy toward Palestinians. Shapiro has since leaned into his Jewish identity and has spoken out on bipartisan platforms about rising hate-fueled violence.
The post Mamdani to attend Passover Seder as he navigates ties with Jewish groups amid rising antisemitism appeared first on The Forward.
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IDF Soldier from Connecticut Killed in Southern Lebanon Combat
Sgt. Moshe Yitzhak Hacohen Katz. Photo: courtesy.
i24 News – The Israel Defense Forces announced on Sunday morning the death of Sgt. Moshe Yitzhak Hacohen Katz, 22, originally from New Haven, Connecticut, who was killed during combat operations in southern Lebanon on Saturday.
According to the military, Katz was killed in a rocket attack targeting Israeli forces operating during efforts to expand a security zone in southern Lebanon. The IDF said the strike occurred overnight between Friday and Saturday, during a large-scale barrage aimed at units deployed in the area.
An initial military investigation found that one rocket directly hit an infantry unit from the 890th Battalion of the Paratroopers Brigade, killing Katz instantly. Three additional soldiers were wounded and are listed in moderate condition.
The IDF said the announcement of Katz’s death was delayed to ensure that all family members, including those in the United States, were properly notified.
The army also said that recent attacks have largely focused on the four IDF divisions operating in Lebanon. In the past 24 hours alone, approximately 250 rockets were launched toward Israeli positions, with 23 crossing into Israeli territory, according to military figures.
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AI-Generated Antisemitic Rabbi Racks Up Millions of Followers with Questionable Financial Advice

i24 News – An AI-generated character known as Rabbi Goldman has attracted millions of followers online by combining old antisemitic tropes with digital-age conspiracy theories. The avatar, presented as a caricature of a New York rabbi, plays off stereotypes of Jewish power and wealth while dispensing unsolicited “financial advice” and conspiracy-laden commentary about global elites.
In his videos, Rabbi Goldman claims that Jews have “known every secret for thousands of years,” weaving age-old prejudice into modern misinformation. Among his assertions: that the moon landing was faked, the US government will soon exert total control over its citizens, and billionaires stage yacht sinkings for insurance fraud—all allegedly foreknown by “the Jews.”
Before being removed on Sunday night, his Instagram account had racked up over 1.5 million followers. Yet the same page remains active on Facebook, which shares an owner with Instagram, with roughly 180,000 followers and thousands of interactions per post. The comments reveal an audience that is genuinely engaged with, and emboldened by, his vitriolic rhetoric.
Rabbi Goldman’s videos follow a simple formula designed to thrive in algorithm-driven ecosystems. They begin with a cryptic slogan implying secret knowledge or hidden wealth — invoking Jews as the keepers of these secrets — to draw viewers in and extend watch time, thus being featured on more people’s feeds. What follows is a cascade of AI-generated, factually dubious monologues, all culminating in a pitch: he can show you how to acquire the same “Jewish wisdom.”
That pitch leads to his website, where a manual titled How to Make and Invest Money sells for $9, and he claims it has been purchased by over 4,000 people. The real product, however, carries a fuller title — How to Make and Invest Money Like the Jews. The 62-page PDF amounts to generic, AI-spun financial advice labeled as “the Jewish method,” occasionally interspersed with random references to the Talmud. Just like the videos, it references how Jews have managed to be successful for thousands of years but offers little backup as to how that can translate to a real-world scenario.
Most of it plays off the stereotype of Jews being financially astute. But some lines, such as “Jews do not day trade… We buy the market — the entire market — and we hold it indefinitely,” remove the mask entirely.
Whether we like it or not, antisemitism thrives online—and platforms’ recent loosening of content restrictions under the banner of “free speech” has only amplified it. Social media has become an ideal environment for grifters to blend prejudice with profit. And that is, to their credit, what the creators of Rabbi Goldman have done.
They have clearly borrowed from the “manosphere” playbook—a cluster of influencers promoting hyper-masculine, materialistic lifestyles infused with misogyny and antisemitism. Like Andrew Tate and similar figures, Rabbi Goldman appeals to disaffected young men who feel alienated by the economy and society in which they live, eager to locate a scapegoat.
In Goldman’s case, the scapegoats are the elites and billionaires. But the framing of the Jews alongside the elites has, by proxy, made them the scapegoat too. By merging coded hatred with generic Instagram-style self-help language, the character transforms antisemitism into a marketable aesthetic.
So essentially, the creator of Rabbi Goldman has found a niche in an emerging market, playing off of antisemitism to sell cheaply produced slop to teenagers. Which is both entrepreneurial and morally awful. But the issue is that social media has bred the ground for this by rewarding shock content and letting antisemitism often go untouched. Even when they deleted his Instagram account, dozens of copycats popped up, including an absurdly ironic German-language version that uses the likeness of British politician Jeremy Corbyn.
And this is what happens when social media companies are reactive rather than proactive. They were chasing shadows after the account became so big. Instead, they need to cut it out at its source, be tougher on antisemitism, and be more vigilant with AI content.
And for social media users, it is hard to tell what’s real and what isn’t anymore. Just try not to get financial advice from an AI rabbi who thinks the moon landing was fake.
