National Bank CEO Calls for Keystone XL Revival and Eastern Energy Corridor to Boost Canada’s Energy Superpower Status
Laurent Ferreira, CEO of National Bank of Canada, urged the immediate revival of the Keystone XL pipeline during the bank’s annual financial services conference in Montreal, highlighting the partly built infrastructure as a critical asset. The project, intended to transport oil from Alberta to Nebraska, was halted in 2021 after U.S. President Joe Biden revoked […]
Short of Admitting Defeat, Trump Pins Iran War on Hegseth
He is, after all, Secretary of War.
New Brunswick Emerges as Hub for Defense Manufacturing with $1 Billion Explosives Plant in Talks
New Brunswick is positioning itself as a key player in Canada’s defense industry, with Premier Susan Holt engaging in talks with Nalagx Corp, a Canadian firm partnered with France’s Eurenco, to build what could be the country’s largest explosives factory since World War II. The proposed US$1-billion project promises 500 direct jobs and aims to […]
Russia, Vietnam Sign Deal to Build Hanoi’s First Nuclear Plant
Russia and Vietnam signed an intergovernmental agreement Monday to build Vietnam’s first nuclear power plant, formalizing a partnership that Hanoi is pursuing as soaring energy costs weigh on its export-dependent economy. Rosatom Director General Alexey Likhachev and Tran Van Son, Minister and Head of the Office of the Government of Vietnam, signed the agreement in […]
Dollarama Takes Margin Hit In Q4 2025 From Australia Unit
Dollarama Inc. (TSX: DOL) reported a strong fiscal 2026 finish, with full-year sales up to $7.26 billion from $6.41 billion last year. The year was shaped by Canadian same-store sales growth, 75 net new Canadian stores, Dollarcity earnings growth, and the addition of Australia, though fourth-quarter margins compressed as Australia diluted profitability and calendar shifts […]
Trump Says the US and Iran Will ‘Jointly Control’ the Strait of Hormuz
President Donald Trump proposed Monday that the US and Iran share control of the Strait of Hormuz — the waterway his administration has spent the last four weeks trying and failing to reopen. Reporters asked Trump who would control the strait once it reopens. “It’ll be jointly controlled,” he said. “Me and the Ayatollah, whoever […]
Orogen Sees Flat Net Income In Q4 2025 Despite Record Revenue
Orogen Royalties (TSXV: OGN) posted its strongest year on record in 2025, with total revenue rising to $13.1 million from $9.9 million last year as both its Ermitaño royalty and prospect generation businesses expanded materially. Specifically, Ermitaño royalty revenue increased to $9.6 million in 2025 from $7.9 million, while prospect generation revenue more than doubled […]
Sen. Murphy: Trump’s Iran ‘Pause’ Was a Message to Markets, Not Tehran
President Donald Trump posted his five-day pause on Iran strikes at 7:05 AM ET Monday — two hours before US markets opened on what analysts expected to be a brutal trading session. Sen. Chris Murphy said the timing told the real story. “Trump isn’t announcing a pause on strikes,” Murphy wrote on X. “He’s saying […]
Alberta Premier Signals Middle Eastern and Asian Interest in New Canadian Oil Pipeline
Alberta Premier Danielle Smith revealed on Monday that Middle Eastern and Asian investors are showing early-stage interest in a potential new crude oil pipeline in Canada, with possible minority stakes of 15% to 30% if the project advances. Speaking at the CERAWeek by S&P Global conference in Houston, Smith highlighted Alberta’s exploration of a one […]
Enbridge Forecasts Surge in Canadian Crude Re-Exports Via Gulf Coast
Enbridge (TSX: ENB), a leading Canadian pipeline operator, projects a sharp rise in re-exports of Canadian heavy crude from U.S. Gulf Coast terminals over the next decade, driven by a wave of pipeline expansions set to boost capacity. Colin Gruending, president of liquids pipelines at Enbridge, highlighted that between 200,000 and 400,000 barrels per day […]