RCMP Is Looking For Informants, Possible Victims Related To Chinese ‘Police Service Stations’ In Toronto
The Royal Canadian Mounted Police (RCMP) announced on Tuesday that they are investigating Chinese ‘police service stations,’ and are looking for people who can provide information, or feel threatened, harassed, or intimidated by anyone associated with these stations in the Greater Toronto Area. “The RCMP is aware of reports of activities that are specifically targeting […]
Budweiser Has Great News For FIFA World Cup Winners
Winners of this year’s FIFA World Cup will have all the reasons to celebrate – including eight stadiums worth of Budweiser. After host country Qatar made the decision to prohibit alcohol at World Cup stadiums — just two days before the start of the tournament — Budweiser, its official sponsor, has decided not to make […]
BoC: Homebuyers On Variable-Rate Mortgage To Face “Painful” Squeeze As Rate Hikes Continue
Carolyn Rogers, senior deputy governor of the Bank of Canada, warned that rising interest rates may pose a “painful” squeeze for many recent house buyers. With successive hikes in interest rates and declining home prices, homeowners with variable-rate mortgages are undergoing a difficult transition. “The bottom line is that mortgage costs for some Canadians have […]
Skeena Loses Appeal Over BC Chief Gold Commissioner Decision At Albino Waste Storage Facility
It appears that the decision of the BC Chief Gold Commissioner is all but final for Skeena Resources (TSX: SKE) as it relates to a decision handed down in February for materials at its Albino Waste Storage Facility. The company has seen its appeal to the British Columbia Supreme Court dismissed by Justice Iyer. The […]
Jourdan Resources Appoints Sayona Mining Exec To Board Of Directors
Jourdan Resources (TSXV: JOR) has added a significant name to its board of directors. The company as of this morning has appointed Brett Lynch, CEO and Managing Director of Sayona Mining (ASX: SYA). While Lynch has an extensive history with leading resource firms such as MIM Holdings and New Hope Corporation, the real significance of […]
Converge Technology To Undergo Strategic Review To “Unlock Shareholder Value”
Converge Technology (TSX: CTS) is looking for methods by which it can unlock shareholder value. The firm late last night revealed that it has begun the process of a strategic review as a means of maximizing shareholder value. Converge has formed a special committee to conduct the review process, consisting of three independent directors including […]
Barrick Gold Sees Canaccord Lower Price Target On High CAPEX Spend
Last Friday Barrick Gold Corp. (TSX: ABX) had its investor day with sell-side analysts and investors. Canaccord Genuity has since provided their takeaways, saying the bottom line is that the 5-year plan aligns with their estimates but with a higher CAPEX spend. As a result, Canaccord lowered their 12-month price target on the stock to […]
Gazprom Threatens to Halt Gas Shipments Over Alleged Ukrainian Theft
Russian-owned Gazprom is threatening to axe natural gas shipments through the last remaining pipeline into Europe after accusing Ukraine of siphoning supplies originally intended to Moldova. Gazprom on Tuesday warned it may slash gas deliveries slated for the Sudzha measuring station, in response to allegations that Ukraine is diverting some of the supplies destined to […]
British Columbia To Go After “Unexplained Wealth”
Premier David Eby announced on Sunday a series of action plans the provincial government aims to take in making British Columbians safe, including a proposed legislation to go after assets “of high-level organized criminals who profit on misery.” In the Safer Communities Action Plan, Eby outlined steps that hope to “strengthen enforcement to keep those […]
DraftKings Hacker Estimated To Have Cashed Out $300,000 In Customer Funds
The sports betting platform offered a theory on how the hack could have been executed, but maintained systems were not breached. DraftKings Inc. (Nasdaq: DKNG) announced on Monday that it has been made aware of the “irregularity” in some of its customers’ accounts–a summary of the hack into personal information that allowed the perpetrator to […]