Keyera Faces Antitrust Hurdle in $2.8 Billion Plains NGL Deal as Competition Bureau Objects
Keyera (TSX: KEY) is facing a significant regulatory obstacle in its $2.8 billion acquisition of Plains’ Canadian natural gas liquids (NGL) business, with Canada’s Competition Bureau filing an application to the Competition Tribunal to challenge the deal just days before its expected closing in May 2026. The Calgary-based energy infrastructure company confirmed the Commissioner of […]
Rubio Says US Wants Hormuz Strait ‘Back To The Way It Was’
U.S. Secretary of State Marco Rubio declared that the United States will not allow Iran’s control over the Strait of Hormuz to become a “new normal,” emphasizing a return to open navigation after recent hostilities saw Iran attack commercial vessels and U.S. forces in the critical energy corridor. Rubio, speaking at a White House briefing […]
AMC Rallies On An EBITDA Rebound In Q1 2026 Despite Cash Burn
AMC Entertainment (NYSE: AMC) reported its Q1 2026 financials, with total revenue rising to $1.05 billion, from $862.5 million a year earlier. Breaking it down, admissions revenue climbed to $578.4 million from $473.5 million, food and beverage revenue rose to $347.3 million from $283.4 million, and other theatre revenue increased to $119.7 million from $105.6 […]
Lucid Crashes As Loss Widens, Estimate Missed In Q1 2026
Lucid Group (NASDAQ: LCID) reported higher Q1 2026 revenue and production, but the quarter was defined by a deeper loss, a street miss, and a larger cash burn that forced the EV maker to lean again on strategic backers and credit capacity. Revenue rose to $282.5 million in Q1 2026, up from $235.0 million in […]
Doug Ford Could End Up “In Prison”, Warns NDP Leader
Ontario’s Greenbelt controversy has moved from policy scandal to rhetorical warfare after Opposition Leader Marit Stiles suggested Premier Doug Ford could end up “in prison” if a public inquiry exposed “dirty deals.” The Ontario PC caucus attacked Stiles during Question Period on Tuesday, after she made the remark one day earlier while pledging that an […]
Honda Freezes $11 Billion EV Plant in Canada, Project Cancellation On The Table
Honda Motor has indefinitely suspended plans to build a $11 billion electric vehicle (EV) factory and accompanying battery plant in Ontario, as weakening U.S. demand forces the Japanese automaker to pivot toward hybrids in its North American strategy. The decision follows a two-year postponement announced in May 2025, with the project initially slated for a […]
Agnico Eagle Makes Waves: Avenir Minerals Acquires Fox River in Unexpected $94.3M Phosphate Play
In a move that has caught the North American mining sector by surprise, Avenir Minerals Limited — a subsidiary of Agnico Eagle Mines, the world’s second-largest gold producer — announced on May 4, 2026 that it had entered into a definitive arrangement agreement to acquire Fox River Resources Corporation (CSE: FOX) in an all-cash transaction valued at approximately C$94.3 million.
Canadian Oil Pipeline to Wyoming Secures 400,000 bpd in Shipper Pledges
A proposed pipeline linking Alberta to Wyoming, spearheaded by South Bow Corp (TSX: SOBO) and its U.S. partner Bridger Pipeline, has secured commitments for at least 400,000 barrels per day (bpd), representing 72% of its initial 550,000 bpd capacity, as the project edges closer to the critical threshold needed to proceed. The pipeline, which could […]
Romania Plunges Into Chaos as 281 Lawmakers Vote Out Pro-EU Prime Minister
Romania’s pro-European government collapsed on May 5, as Prime Minister Ilie Bolojan was ousted in a no-confidence vote backed by 281 lawmakers, marking the largest such majority in the country’s parliamentary history. The move, driven by the left-wing Social Democratic Party (PSD) and the far-right Alliance for the Unity of Romanians (AUR), has plunged the […]
Republicans Demand $1 Billion for Trump Ballroom Security Upgrades
Senate Republicans, led by Judiciary Committee Chair Chuck Grassley of Iowa, have proposed allocating $1 billion in taxpayer funds for security upgrades tied to Donald Trump’s White House ballroom project, part of a broader $72 billion reconciliation package for federal law enforcement and border security unveiled on Monday night. The funding, detailed in the legislation, […]