Ottawa Expands Tariff-Free Auto Imports for Carmaker That Boosted Canadian Production
Ottawa has expanded the tariff-free import quota for an unnamed automaker after the company increased Canadian production and posted stronger-than-expected sales in 2025. The change was authorized through an order-in-council dated February 26. The automaker requested a higher ceiling during the July-to-September review period; Ottawa granted it in part because domestic manufacturing levels also rose. […]
Senate Passes Landmark Housing Bill with Investor Ban on Single-Family Homes, Faces House Resistance
The U.S. Senate passed a sweeping housing affordability bill on Thursday with an 89-10 vote, marking the largest legislation of its kind in 30 years and introducing a controversial ban on investors owning more than 350 single-family homes. The restriction, championed by President Donald Trump, aims to curb institutional ownership of residential properties and prioritize […]
Gulf States Reassess US Ties as Iran Conflict Fuels Regional Instability and Oil Market Turmoil
Gulf Arab states are reevaluating their long-standing alliances with the United States as an ongoing conflict with Iran deepens regional instability and disrupts global oil markets. Sources from the Gulf reveal growing frustration over the US role in escalating tensions, with fears that these nations will bear the economic and security brunt of a war […]
After Weeks of Contradictions, Carney Says Canada Will ‘Never’ Join Iran War—But The Opposition Isn’t Buying It
As the US-Israeli war on Iran enters its 13th day with no end in sight, Prime Minister Mark Carney is attempting to draw a firm line — telling the House of Commons on Tuesday that Canada is not involved in the conflict and “will never participate in it.” But his statement came after nearly two […]
Newfoundland and Labrador Now Has the Power to Audit How Contractors Use AI
The Newfoundland and Labrador government has quietly become one of the most aggressive provinces in Canada when it comes to regulating how contractors use artificial intelligence — gaining the right to investigate, approve, deny, or modify any vendor’s intended use of AI, and to audit that use at any time. “We may investigate, approve, deny […]
Honda Forecasts $4.3 Billion Loss for FY2025/26 Amid EV Strategy Overhaul
Honda Motor Co. is bracing for a full-year loss of 650 billion yen ($4.3 billion) for the fiscal year ending March 2026, driven by slumping sales in China and mounting costs tied to its electric vehicle transition. The Japanese automaker disclosed the stark projection as it grapples with a rapidly shifting global automotive landscape. The […]
NDP Votes for New Leader With Party’s Future on the Line
The federal NDP’s 19-day vote for a new leader is underway, with activist and journalist Avi Lewis holding a commanding fundraising lead over the four other candidates as the party tries to claw back from its worst-ever federal election result. Voting opened on March 9 for approximately 100,000 eligible members — up from 60,000 when […]
Trump Administration Moves to Waive Jones Act as Oil Prices Surge Past $100 Per Barrel
The Trump administration has signaled plans to issue temporary Jones Act waivers, allowing non-U.S.-flagged vessels to transport cargo between domestic ports for a 30-day period, in a direct response to crude oil prices breaching $100 per barrel. This move aims to ease supply chain bottlenecks and reduce transportation costs for oil and other critical goods […]
Wesdome Gold Q4 2025: Price Rally Delivered Revenue Jump, Cost Hikes
Wesdome Gold Mines (TSX: WDO) posted Q4 2025 revenue of $287.9 million, up from $182.6 million, while full-year revenue increased to $914.3 million from $558.2 million. The company said the gains were led by higher gold prices, stronger annual production and wider margins across both Eagle River and Kiena. Average realized gold price rose to […]
Qatar Shutdown Threatens A Third Of Global Helium Supply
The immediate risk to semiconductors is no longer just demand concentration around AI memory but a physical helium bottleneck after Qatar’s shutdown at Ras Laffan took about one-third of global production offline and stranded pre-filled containers as the Strait of Hormuz effectively closed. Helium is embedded in daily fab operations across multiple steps, including thermal […]