US Consumer Sentiment Declines Amid Economic, Coronavirus Uncertainty
Although the month of June showed an initial rebound in sentiment among Americans, the recent worsening of the coronavirus pandemic has caused preliminary July data to produce disappointing results. According to a recent report published by the University of Michigan, preliminary sentiment data showed the sentiment index fell by 4.9 points to 73.2, thus effectively […]
The Golden Triangle: British Columbia’s Exploration Hotbed
In recent years mining investors have been hearing a lot about one of the world’s hottest exploration regions: the Golden Triangle of British Columbia. This region is home to some of the world’s largest and richest mineral deposits. The name Golden Triangle comes from a 500 km belt of mineralization stretching south from Atlin in […]
Sector Spotlight: Obscure Canadian Telematics Edition
Unknown TSX Venture Telematics company AirIQ Inc. (TSXV: IQ) had a big Thursday, trading more than two million shares to close at $0.25 in its first day of doing more than a million shares of volume in a day since 2015. The stock’s daily average volume over the trailing 12 months is 17,500 shares. This […]
Provinces Reach Deal with Federal Government Over $19 Billion Safe Restart Agreement
Provincial and territorial governments have come a deal with the federal government, and as a result will be receiving billions of dollars in transfers in order to safely continue reopening vital services during the coronavirus pandemic. According to Prime Minister Justin Trudeau, Canada’s federal government has agreed to contribute a total of $19 billion under […]
US Construction Starts Increase 17% in June as Demand for City Living Drops
As lockdowns and stay-at-home orders are eased across much of the US, home builders have seen an uptake in construction starts by 17% in June. According to data released by the US Census Bureau, residential housing starts climbed to an annualized rate of 1.19 million – the largest month-over-month increase since 2016. However, the level […]
Spotlight Series: Navigating Sedar With Michael Miller
Welcome back to The Deep Dive Spotlight Series. Today, we’re sitting down with a long time columnist of ours, Michael Miller. Michael has written a number of education pieces for us here at The Dive, including his most recent explainer, a guide to navigating that of Sedar. Michael is a venture capitalist, financial educator, and […]
Gold Rush 2020: The Excitement Has Begun
The images are burned in many of our imaginations. The Klondike. The California Gold Rush. Boomtowns, excitement, fortunes created overnight. Many of the great gold rushes of history are associated with a time and place. I believe that history’s next great gold rush is here, today. I believe this rush will not be associated with […]
Trulieve Receives Backlash Online From Alleged Employees Over Handling Of COVID-19
It appears that Trulieve Cannabis (CSE: TRUL) is facing a slight public relations issue currently. Earlier today, what appears to be an employee of the company took to Reddit an announcement that there has allegedly been multiple employees at their Florida dispensaries that have tested positive for coronavirus. Allegations made by the poster include that […]
US Initial Jobless Claims Decline by Only 10,000, Smallest Drop Since March
Despite the US government funnelling trillions of dollars’ worth of liquidity into the economy, the chances of a successful recovery seem to be slipping away. According to the most recent figures released by the US Department of Labour, initial jobless claims only declined by 10,000 to a total of 1.3 million in the week ending […]
Consumer Spending Among Unemployed Americans Higher Than Pre-Pandemic Due to Additional Jobless Benefits
With the Federal Reserve pumping trillions of dollars into the US economy with hopes of saving it from complete collapse, it appears that the money did produce a noteworthy effect amid the soaring unemployment rates. The additional $600 in weekly unemployment benefits has not only helped those who suddenly found themselves jobless remain afloat, but […]