EU, US Fast-track MoU To Harden Critical Minerals Supply
The EU, US, and Japan agreed on Wednesday to accelerate a two-part partnership aimed at strengthening critical minerals supply chain resilience and economic security, with the EU and US committing to conclude an MOU within the next 30 days. The first component is the forthcoming understanding focused on critical minerals supply chain security, with the […]
Canadian Employment Insurance Payments Surge 32% as Cumulative Deficit Grows
Employment Insurance benefit payments in Canada jumped 32.5% in November 2025 compared to the same month a year earlier, reaching $2.306 billion as unemployment pressures mounted across the country. The November increase brought total EI benefit spending from April through November 2025 to $17.857 billion, up 17.7% from the previous fiscal year. Canada’s unemployment rate […]
Canada’s Energy Minister Argues for New Pipeline to Pacific Coast
Canada’s Energy and Natural Resources Minister Tim Hodgson argues demand from Asian customers supports building another oil pipeline from Alberta to British Columbia’s northern coast, despite strong opposition from First Nations leaders who call the proposal a betrayal of Indigenous rights. Hodgson told reporters this week that Indian refiners currently purchase small quantities of Canadian […]
US Embassy Cuts Off Polish House Leader After His Jab On Trump’s Nobel Bid
The US-Poland relationship hit a new low on Thursday when US ambassador Tom Rose publicly announced the embassy would have “no further dealings, contacts, or communications” with Włodzimierz Czarzasty, the Speaker (Marshal) of the Sejm, effective immediately. The trigger was Czarzasty’s refusal to support a coordinated effort to nominate President Donald Trump for the 2026 […]
Canada Orders Federal Workers Back to Office Four Days Weekly
Federal public servants will spend four days each week in government offices beginning this July under new rules announced Thursday, while senior executives face full-time attendance starting in May. Bill Matthews, Treasury Board secretary, informed deputy ministers that the government intends to expand workplace presence requirements. Executives will report to offices five days weekly, effective […]
Ottawa Tightens Auto Import Credits To Keep Plants Home
Canada is reworking auto trade access and incentives to keep assembly plants and jobs in-country as US tariff pressure squeezes Canada’s export-heavy auto base, where over 90% of Canadian-made vehicles and 60% of Canadian-made parts are shipped to the US. Prime Minister Mark Carney’s recently announced auto strategy commits to strengthening Canada’s automotive remission framework […]
Rio Tinto, Glencore End Merger Talks After Failing to Agree on Terms
Mining giants Rio Tinto (ASX: RIO) and Glencore (LON: GLEN) ended talks Thursday on what would have created the world’s largest mining company, with both sides unable to reach agreement on valuation and governance. Rio Tinto announced it concluded negotiations after determining the proposed terms would not create sufficient shareholder value. The announcement arrived just […]
Rich Dad Incoherent Dad: Kiyosaki Can’t Remember If He’s Buying Or Selling
Robert Kiyosaki, author of the ‘Rich Dad Poor Dad’ book series and a market commentator, is taking heat on X following a series of tweets that contradict earlier statements he has made about his investment decisions. On Thursday, Kiyosaki posted that he “stopped buying Bitcoin at $6,000” and “stopped buying gold at $300.” However, the […]
Stellantis Plunges After $26B Write Down, No Dividend In 2026
Stellantis (NYSE: STLA) disclosed a business reset that produced approximately €22.2 billion of charges in H2 2025 excluded from adjusted operating income, including €6.5 billion of cash payments expected over the next four years, alongside preliminary H2 2025 results showing €78–€80 billion of net revenues but a €19–€21 billion net loss. The impairments translates to […]
Canex Metals Secures 51.9% Interest In Gold Basin Resources Under Hostile Bid
CANEX Metals (TSXV: CANX) has been successful in their attempt at a hostile takeover of Gold Basin Resources (TSXV: GXX). The company this morning indicated that they have secured 51.93% of the outstanding shares of Gold Basin under the offer they previously made to shareholders. With a majority of shares now deposited under the takeover […]