Cheers! Federal Budget Cuts Planned Alcohol Excise Tax Increase
The federal government’s newly-released 2023 budget has great news for the spirits, wine, and beer industries. The scheduled increase in excise duties for alcoholic products beginning April 1, 2023 has been capped — temporarily — at 2% instead of the original 6.3% prescribed by the automatic escalator provision from 2017 which automatically indexes the amount […]
Core Assets Hits 5.64 Metres Of 659 g/t Silver Equivalent At Grizzly Target
Core Assets Corp (CSE: CC) has released the final assay results for drilling conducted in 2022 at the firms Silver Lime Porphyry-CRD and Laverdier Skarn-Porphyry projects at its Blue Property in British Columbia. “The first ever drill season at the Silver Lime and Laverdiere projects have yielded remarkable results – confirming the presence of large, […]
Are Binance Bank Transfers Failing?
A number of Binance customers have been sharing their experiences on Reddit of Automated Clearing House (ACH) withdrawals missing and not reflecting in their bank accounts. “Has anyone had any luck as of yet with their ticket for missing ACH payments sent to bank account?” asked Reddit user Anduril7star86. “It’s been over a week and […]
AbraSilver Intersects 2,320 g/t Silver Over 4 Metres At Diablillos
AbraSilver Resource Corp (TSXV: ABRA) continues to intersect strong mineralization under its Phase 3 drill program. The firm this morning released further results from its Diablillos property in Argentina, where it has intersected shallow silver oxide mineralization. The latest results are focused at the JAC zone, where silver oxide mineralization has been intersected as well […]
Verses Enters Partnership With SimWell Focused On Digital Twins
Verses Tech (NEO: VERS) has entered into a strategic partnership with SimWell as it works to enhance its product offerings in the area of digital twins. SimWell is said to be a leader in digital simulations, which it creates through advanced analytics techniques. Under the partnership, the two firms will collaborate to leverage their abilities […]
Trillion Energy Sees Guluc-2 Well Flow Test At 16.35 MMcf/Day
After stating yesterday that its fourth well would enter production in a “matter of days,” Trillion Energy (CSE: TCF) has seemingly delivered on that promise in a hurry, revealing this morning that its Guluc-2 well has now been perforated and is being placed into production. The well, which was previously identified to have intersected 73 […]
Budget 2023 Summary: Higher Taxes, More Deficits, Even More Spending
The Liberal’s hot-off-the-press 2023 budget delivers a Pandora’s box of larger-than-expected deficits, even more government spending, higher taxes, and a big bet on a green economy. Balancing the budget: A long lost dream The Liberals have completely given up on balancing the budget in five years, and instead are throwing nearly all of their eggs […]
CFTC vs. Binance, CZ: The Funny [And Possibly Incriminating] Highlights
The US made its most aggressive move to crack down on cryptocurrency exchange Binance Holdings and its CEO Changpeng Zhao. The Commodity Futures Trading Commission (CFTC) filed a complaint in federal court in Chicago against Binance and its CEO, known as CZ, claiming they routinely flouted American derivatives rules as the company grew into the […]
Canada Set To Implement Stock Buyback Tax On Jan 1, 2024
The Canadian government is finally set to implement a tax on share buybacks, as announced originally in 2022. Within its 2023 budget, Trudeau’s Liberal government has created the framework for which that tax will be implemented. Share buybacks are set to be conducted at a rate of 2% of the net value of all share […]
Arkansas Proclaims ‘The Right To Keep and Bear Arms Day’ on the Day of Nashville Shooting
In a poorly-timed turn of events, the Arkansas House adopted House Resolution 1041, or ‘The Right To Keep and Bear Arms Day’ on March 27, which happens to be the same day as the school shooting in Nashville, Tennessee, that claimed the lives of seven people including three children. One Twitter user poked fun at […]