What A Time To Be Metal: Multiple Commodities Hit All Time Highs
Metals are hitting new highs across both precious and base markets, with platinum and silver printing records while copper breaks $12,000 per ton and aluminum pushes toward $3,000 per tonne as premia and inventories reprice scarcity. Spot platinum recently peaked at $2,377.50, a record print that caps a year where platinum is up roughly 160% […]
CN On UP-NS Merger: “Fails To Demonstrate… Significant Public Benefits”
Canadian National Railway (TSX: CNR) has said the proposed Union Pacific (NYSE: UNP) and Norfolk Southern (NYSE: NSC) merger application filed with the Surface Transportation Board “fails to demonstrate that the merger would enhance competition or generate significant public benefits” sufficient to justify approval, arguing the submission “falls well below both the 2001 and old […]
Greenland Says US Special Envoy Post “Does Not Change Anything For Us”
President Donald Trump publicly appointed Louisiana Gov. Jeff Landry as US Special Envoy to Greenland while Landry framed the role as helping “make Greenland a part of the US,” prompting Denmark and Greenland to restate territorial red lines. Trump wrote he was “pleased to announce” the appointment and said Landry “understands how essential Greenland is […]
Trump Halts East Coast Wind Farms Over ‘Security Concerns’
The Trump administration suspended construction Monday on five large offshore wind projects along the Atlantic coast, citing radar interference concerns raised by the Department of Defense. The Interior Department halted leases for projects in Massachusetts, Rhode Island, Connecticut, New York, and Virginia. The move affects Vineyard Wind, Revolution Wind, Sunrise Wind, Empire Wind, and Coastal […]
Health Canada Clarifies Indoor Temperature Guidance Amid Smart Meter Concerns
Health Canada has clarified its position on indoor temperature standards after a briefing document sparked concerns about potential government regulation of home heating and cooling. A June 20, 2025 briefing note prepared for Health Minister Marjorie Michel stated the government was “establishing safe indoor temperature limits to keep our homes healthy and cool,” according to […]
Ottawa Eyes Allowing Foreigners To Buy Homes In Canada Again
Canada is preparing a policy review that could change its foreign homebuyer ban starting in 2027, while keeping the existing prohibition in place through 2026, according to housing minister Gregor Robertson. Robertson said the government will maintain the prior administration’s decision to extend the prohibition on foreign buyers through 2026, but will use the next […]
Quebec Gets $13.9B in Federal Transfers While Charging Half Ontario’s Electricity Rates
Quebec will receive $13.9 billion in federal equalization payments next year while maintaining electricity rates roughly half those paid by Ontario consumers, intensifying regional tensions over Canada’s wealth redistribution system. Residential electricity rates in Montreal average approximately 8 cents per kilowatt-hour, compared to 15 cents in Toronto and 12 cents in Vancouver, according to Hydro-Québec […]
Trump Says Next Fed Chair Must Agree With Him
President Donald Trump publicly set a loyalty standard for the next Federal Reserve chair and tied desired rate cuts to “good” market performance, not to the Fed’s traditional decision framework. In his Truth Social post, Trump said anyone who disagrees with him will “never” be Fed Chairman, and said he wants a new chair who […]
Alberta Separation Referendum Question Approved by Elections Agency
Elections Alberta approved a citizen-initiated referendum question on Monday, asking whether the province should separate from Canada, clearing the way for organizers to begin collecting signatures. The question reads: “Do you agree that the province of Alberta should cease to be a part of Canada to become an independent state?” The Alberta Prosperity Project must […]
Carney Taps BlackRock Alum Mark Wiseman As Next US Ambassador
Prime Minister Mark Carney’s appointment of Mark Wiseman as Canada’s next ambassador to the US pairs a front-line trade posting with an envoy whose published record argues Canada is “in freefall” and in need of competition-driven reform. Wiseman is set to assume the Washington role on February 15, 2026, replacing Kirsten Hillman, in time for […]