Spirit Airlines Nears $500 Million Rescue Deal From White House Amid Liquidation Threat
The Trump administration is in advanced talks to provide a $500 million financing package to Spirit Airlines, a move aimed at preventing the potential liquidation of the struggling low-cost carrier, as per reporting by the Wall Street Journal. This development comes as the Dania Beach, Florida-based airline grapples with mounting financial challenges, including a second […]
Ontario Sells $28.9 Million Private Jet Back to Bombardier Amid Public Backlash
Ontario Premier Doug Ford has announced the sale of a private jet, originally purchased by the province for $28.9 million, back to Bombardier for the same price. The move, revealed at a Toronto event on Wednesday, follows intense public criticism over the acquisition during a widespread affordability crisis. Ford’s decision to offload the jet comes […]
NexGen Sees Vertical Extent Of New PCE Discovery Expand By 33%
NexGen Energy (TSX: NXE) has expanded the high-grade subdomain at its Patterson Corridor East uranium discovery by 33% on the back of its recently concluded 2026 winter drill program, pushing the vertical extent of the zone to 550 metres with a strike length of 210 metres. The winter campaign completed 12,758 metres of the 42,000 […]
Eloro Resources Outlines Over 350 Million Silver Ounces At Iska Iska In Latest Resource Estimate
Eloro Resources (TSX: ELO) has updated the resource estimate for their flagship Iska Iska project in Bolivia, building on an estimate last updated in 2023. The update transitions a portion of the silver-tin polymetallic deposit into the Indicated category, establishing a higher-confidence foundation for the project’s economics. “This Updated MRE represents a defining milestone for […]
Metro Q2 2026 Earnings Rise On Margins, Buybacks And Pharmacy Growth
Metro Inc. (TSX: MRU) posted its financial results for Q2 2026, with sales rising to $5.11 billion from $4.91 billion a year earlier. By segment, food revenue rose to $3.96 billion from $3.83 billion, while pharmacy revenue increased to $1.15 billion from $1.08 billion. Net earnings climbed to $246.6 million from $220.0 million and diluted […]
Canada Faces ‘Entry Fee’ Demand from U.S. Ahead of CUSMA Trade Talks
The Trump administration has imposed a striking precondition on Canada, demanding what sources describe as an ‘entry fee’ in the form of upfront concessions before formal talks can begin on revising the Canada-United States-Mexico Free Trade Agreement). This demand, confirmed by four high-ranking individuals, sets a contentious tone for negotiations scheduled around the July 1, […]
Cambria Gold To Spin Out Mt. Margaret Copper-Gold Project Into US-Focused Entity
Cambria Gold Mines (TSXV: CAMB) is preparing to carve out its Mt. Margaret copper-gold project into a standalone, U.S.-focused entity, a move intended to unlock value from a massive porphyry deposit that has sat largely dormant for decades.
TMX Group Further Consolidates Canadian Market With Purchase Of CBOE Canada, CBOE Australia
The global exchange landscape is shifting as TMX Group (TSX: X), the operator of the Toronto Stock Exchange, moves to solidify its international footprint. The company announced a definitive agreement to acquire Cboe Australia and Cboe Canada from Cboe Global Markets (CBOE: CBOE) for approximately C$409 million in cash. The deal marks a significant expansion […]
China’s Silver Hunger Hits Record Levels—and Goldman Warns the Global Market Is Starting to Fracture
China imported approximately 836 tonnes of silver in March, the highest monthly total ever recorded, as demand from the country’s solar manufacturing sector and retail investors simultaneously overwhelmed domestic supply, according to Chinese customs data reported by Bloomberg. The March figure is 78% above February’s 470 tonnes — itself a record for that month — […]
Pentagon Supercharges Drone Spending as Trump Sons Close Drone Deals
President Donald Trump’s fiscal 2027 defense request puts drones at the center of the Pentagon’s next spending cycle, with senior defense officials outlining $53.6 billion for autonomous drone platforms and warzone logistics and roughly $54 billion for the Defense Autonomous Warfare Group, up from about $225 million previously. This turned one of the Pentagon’s smallest […]