Ottawa Eyes Allowing Foreigners To Buy Homes In Canada Again
Canada is preparing a policy review that could change its foreign homebuyer ban starting in 2027, while keeping the existing prohibition in place through 2026, according to housing minister Gregor Robertson. Robertson said the government will maintain the prior administration’s decision to extend the prohibition on foreign buyers through 2026, but will use the next […]
Quebec Gets $13.9B in Federal Transfers While Charging Half Ontario’s Electricity Rates
Quebec will receive $13.9 billion in federal equalization payments next year while maintaining electricity rates roughly half those paid by Ontario consumers, intensifying regional tensions over Canada’s wealth redistribution system. Residential electricity rates in Montreal average approximately 8 cents per kilowatt-hour, compared to 15 cents in Toronto and 12 cents in Vancouver, according to Hydro-Québec […]
Trump Says Next Fed Chair Must Agree With Him
President Donald Trump publicly set a loyalty standard for the next Federal Reserve chair and tied desired rate cuts to “good” market performance, not to the Fed’s traditional decision framework. In his Truth Social post, Trump said anyone who disagrees with him will “never” be Fed Chairman, and said he wants a new chair who […]
Alberta Separation Referendum Question Approved by Elections Agency
Elections Alberta approved a citizen-initiated referendum question on Monday, asking whether the province should separate from Canada, clearing the way for organizers to begin collecting signatures. The question reads: “Do you agree that the province of Alberta should cease to be a part of Canada to become an independent state?” The Alberta Prosperity Project must […]
Carney Taps BlackRock Alum Mark Wiseman As Next US Ambassador
Prime Minister Mark Carney’s appointment of Mark Wiseman as Canada’s next ambassador to the US pairs a front-line trade posting with an envoy whose published record argues Canada is “in freefall” and in need of competition-driven reform. Wiseman is set to assume the Washington role on February 15, 2026, replacing Kirsten Hillman, in time for […]
State Department Bars EU Official, Disinformation Watchdogs From US Entry
The United States took the rare step Tuesday of imposing visa sanctions on European allies, barring a former EU commissioner and four anti-disinformation leaders from entering the country over accusations they pressured American technology companies to censor conservative viewpoints. Secretary of State Marco Rubio announced the sanctions against five individuals, accusing them of pressuring American […]
First Quantum Sells Past Producing Las Cruces Mine For Up To $190 Million
First Quantum Minerals (TSX: FM) has entered into an agreement to sell off one of its past producing mines. The company has come to terms for the sale of the Cobre Las Cruces mine in Spain. The transaction will see the past producing mine sold to Global Panduro for total consideration of up to $190 […]
Pirate Group Scrapes Spotify’s Music Catalog, Releases 300 Terabytes of Data
A shadow library group claims it scraped Spotify‘s music catalog and released metadata for 256 million tracks alongside plans to distribute 86 million audio files through peer-to-peer networks. Anna’s Archive, a platform known for archiving books and academic papers, announced the operation in a blog post on Saturday. The group says it archived music files […]
Trump Announces Navy Battleship Class Bearing His Name
President Donald Trump unveiled plans Monday for a new class of warships that will carry his name, marking the latest addition to his “Golden Fleet” naval initiative. Navy Secretary John Phelan announced the Trump-class battleships during an event at Trump’s Mar-a-Lago estate, describing the lead vessel USS Defiant as “the largest, deadliest, most versatile and […]
Australia Introduces Gas Reservation Requirements, Opening Door for Canadian LNG Competition
Australia will require liquefied natural gas exporters to reserve up to 25% of east coast production for domestic use starting in 2027, a policy shift that could strengthen Canada’s position in Asian energy markets. The Australian government announced the reservation scheme on December 22, following a comprehensive gas market review. Energy Minister Chris Bowen said […]