Canada’s True Heroes: Liberals Unveil $4.5 Billion Inflation Relief Package to Fight Inflation
Take a seat and don’t worry: inflation will be over before you know it! The Liberals are here with a new set of fiscal spending measures to save everyone from the Liberals’ previous fiscal spending measures, in the form of a $4.5 billion inflation relief package to solve inflation. If you thought that more government […]
Terra Co-Founder Do Kwon Gets Arrest Warrant For Stablecoin’s Fall
A South Korean court issued a warrant of arrest for Do Kwon, co-founder of the defunct Terraform Labs. The crypto trader, along with five other individuals, is being charged with violation of the country’s Capital Markets Act. The warrant, as told by the Supreme Prosecutors’ Office to Bloomberg News, comes after the firm’s stablecoin TerraUSD […]
Market Movers: Go Metals Jumps 429% Following Release Of Core Photo
Amidst a sea of red caused by a poor inflation print in the US, one name in Canadian markets stood out yesterday for just how much it moved. Go Metals Corp (CSE: GOCO) yesterday climbed an astounding 429.4% on 6.16 million shares despite the broader market having the worst day in over a year. The […]
Olaf Scholz Mulls Nationalizing Germany’s Gas Importer to Avert Full Energy Catastrophe
You know Europe’s energy crisis is rapidly worsening when Germany’s government prepares to nationalize the country’s largest gas importing company in order to avert a complete collapse of the region’s energy system before winter sets in. With natural gas futures exploding three times higher compared to last year as Russia turns up the retaliation dial […]
Karora Resources Makes New Nickel Discovery After Hitting 11.9 Metres of 6.5% Nickel
A new nickel discovery has been made by Karora Resources (TSX: KRR). The discovery has been made at the firms Beta Hunt Mine, and is incredibly just twenty-five metres from existing mining infrastructure on the property. High grade nickel mineralization was intersected by the company at what it refers to as the Hunt Block, where […]
United Lithium Begins Drilling Kietyönmäki Lithium Property
Exploration is again underway for United Lithium (CSE: ULTH) at their Finnish lithium project, referred to as Kietyönmäki. The company this morning revealed that a small drill program is about to get underway, with the potential for expansion should the results prove positive. The Kietyönmäki property is set to be subject to a ten hole drill […]
Canadian Household Net Worth Drops By Almost $1 Trillion In Q2
In the second quarter of 2022, national net worth in Canada went up by 0.2%, but residential real estate slid for the first time since 2018 and pulled down with it the overall value of household wealth by $990 billion. The second quarter figures were released via Statistics Canada’s national balance sheet and financial flow […]
SpaceX’s Static Fire Test At Starbase Burned 68 Acres Of Protected Refuge In Texas
A static fire test at SpaceX Starbase started a grass fire that led to burning of 68 acres of brush at a protected refuge in Boca Chica, Texas. The aerospace firm conducted the test for its prototype of Starship and lit all six boosters. However, the fire extended to the nearby Las Palomas Wildlife Management […]
Nord Stream 1 Shutdown Further Exacerbates Fertilizer Crisis That Threatens Global Food Security
As European leaders worry about keeping their people warm and making sure the lights don’t turn off this coming winter, African leaders are sounding the alarm about an impending food shortage and growing civil unrest. These two crises are linked together by a single catalyst: Russia’s war in Ukraine. The Nord Stream 1 shutdown, with […]
Canada Pension, OMERS Sell Chicago Skyway Stake Despite Legal Threats From Buyer’s Top Shareholder
Canada Pension Plan Investment Board (CPP Investments) and OMERS Infrastructure announced on Monday that they have agreed to sell their respective 33.3% stakes in Skyway Concession Company (SCC), the firm that manages the Chicago Skyway toll road. The transaction combined is reportedly for a total consideration of US$2.013 billion. Each of the Canadian firms holds […]