Riverside Resources: Debt-Free & A Strong Balance Sheet
In today’s Daily Dive episode, John-Mark Staude, President & CEO of Riverside Resources, Inc (TSXV: RRI) gives us his read on some of this week’s top headlines including Canada’s latest CPI print and the debt ceiling debate, and what it may mean for the price of gold. We then transition to a discussion on Riverside and its outlook for 2023.
Ted Cruz Wants To Spend Taxpayer Money To Investigate Bud Light’s Collaboration with Dylan Mulvaney
Republicans aren’t done with the Bud Light and Dylan Mulvaney collaboration. Senator Ted Cruz of Texas has called for an investigation into Bud Light parent company Anheuser-Busch InBev (NYSE: BUD), alleging that the beermaker, in working with transgender rights advocate, actress, and TikTok star Mulvaney, was potentially marketing the alcoholic beverage to a younger audience. […]
Trudeau’s Second Carbon Tax Expected To Cost Canadians More Than $1,000 Annually
The Parliamentary Budget Officer (PBO) released a distributional analysis of Ottawa’s Clean Fuel Regulations between now and 2030, headlined by an estimate of over $1,000 per year in additional tax for Canadian families once Prime Minister Justin Trudeau’s second carbon tax takes effect on July 1. “At the national level, in 2030, the cost of […]
Florida Goes After Teacher Who Played A Disney Movie Featuring A Gay Character In Class
A teacher in Florida is currently under investigation by the state’s Department of Education after being reported by a school board member for showing a Disney movie in her classroom. Jenna Barbee, a fifth-grade teacher at Winding Waters K-8, showed her students the movie “Strange World,” which features an openly gay character. Barbee claims that […]
UK’s New Sanctions On Russia Includes Diamonds As G7 Vows To “Starve The Russian War Machine”
Britain launched new sanctions on Russia on Friday, as G7 leaders gathered in Japan for a summit where Prime Minister Rishi Sunak is set to push for a redoubling of support for Ukraine in its fight against the Kremlin. Sunak claimed that Britain will prohibit the purchase of Russian diamonds, a $4 billion export business […]
Competition Bureau Sues Cineplex For Misleading Ticket Prices, Firm Says Case Has “No Merit”
Cineplex (TSX: CGX) is being sued by the Competition Bureau for advertising movie tickets at a lower price than many consumers actually have to pay. The bureau claims that the theater operator is breaching the law by charging an extra fee for online ticket purchases. “A Bureau investigation found that many consumers cannot buy tickets […]
Atlas Salt Conducts 4 Hole Drill Program For Feasibility Study
Atlas Salt (TSXV: SALT) is making slow but study progress towards completing a feasibility study for its Great Atlantic Salt Project. The study, which has been teased by the company for months, has seen a recent geotechnical drill program completed to collect further data. The geotechnical drill program is said to have consisted of four […]
Federal Environment Minister: It Would Be Illegal for Saskatchewan to Use Coal Power Beyond 2030
Federal Environment Minister Steven Guilbeault announced that Saskatchewan’s coal-fired power plants would be illegal after 2030 unless carbon capture technologies are put in place. This statement comes amidst the ongoing jurisdictional tussle over climate policy between the federal and provincial governments in Canada. The Liberal government’s latest climate plan envisions emission-free electricity by 2035, and […]
New Home Prices Dip For First Time Since November 2019
The price of a new home in Canada continued to dip lower last month, suggesting the country’s housing market may be starting to cool amid a high interest rate environment. The Statistics Canada’s New Housing Price Index slipped 0.1% month-over-month in April, with prices across 20 of the 27 census metropolitan areas (CMAs) remaining either […]
Tesla Drawn Into Epstein-JPMorgan Lawsuit As US Virgin Islands Struggles to Serve Elon Musk With Subpoena
In a recent development, a federal judge has ruled that the US Virgin Islands can serve a subpoena for Elon Musk through his electric car company Tesla (Nasdaq: TSLA) for the lawsuit against JPMorgan Chase (NYSE: JPM) that revolves around the bank’s ties to Jeffrey Epstein, the late convicted sex offender. The US Virgin Islands […]