SEC Prioritizes Trump’s Push to End Quarterly Earnings Reports
The Securities and Exchange Commission said Monday it is “prioritizing” President Donald Trump’s proposal to eliminate quarterly earnings reports, a move that would fundamentally alter corporate transparency requirements that have been in place for more than five decades. Trump floated the idea in a Truth Social post Monday morning, suggesting companies should report financial results […]
French Retirees Now Earn More Than Working-Age Adults
French retirees have achieved an unprecedented milestone among developed nations, with new data revealing they now out-earn working-age adults for the first time. Data shows French retirees aged 65 and older receive approximately 1% more in average disposable income compared to working-age adults, contrasting sharply with other developed countries where working citizens typically earn 5-30% […]
Ontario Regulator Sues Former iPro Realty Executives Over Alleged Trust Fund Theft
Ontario’s real estate regulator filed court papers Thursday seeking to recover consumer deposits and agent commissions allegedly stolen by former executives at iPro Realty in what officials described as a systematic scheme to misuse trust funds. The Real Estate Council of Ontario asked the Ontario Superior Court of Justice to freeze assets and trace money […]
Montreal Lawyer Seeks Class Action Against Grocers Over False ‘Made in Canada’ Labels
A Montreal law firm is seeking court authorization for a class action lawsuit against major Canadian grocery chains, alleging they deceived consumers by falsely marketing imported products as Canadian-made through a practice known as “maple-washing.” The lawsuit targets Provigo, Metro, Sobeys, Walmart, and Giant Tiger, accusing them of using maple leaf symbols and “Made in […]
EU Court Upholds Green Label for Nuclear, Gas Investments
A European Union court ruled Wednesday that nuclear energy and natural gas can be classified as environmentally sustainable investments, potentially directing billions of euros toward projects that environmental groups say are not truly “green.” The General Court at the European Court of Justice dismissed Austria’s challenge to the European Commission’s decision to include gas and […]
Trump Sets NATO Conditions Before Imposing Russia Sanctions
President Donald Trump said Saturday he will impose “major sanctions” on Russia only after all NATO countries stop purchasing Russian oil and agree to place heavy tariffs on China, setting new conditions for action he has repeatedly promised but failed to deliver. In a letter posted to his Truth Social platform, Trump told NATO allies […]
Paramount Skydance Bid For Warner Bros Could Spark A Bidding War
Paramount Skydance (NASDAQ: PSKY) is reportedly preparing a majority-cash bid for all of Warner Bros. Discovery (NASDAQ: WBD), people familiar told the Wall Street Journal. The contemplated offer would cover Warner’s entire portfolio (film studio, streaming service, cable networks including CNN, TBS, and TNT), marking a bid to combine two legacy studios with streaming platforms […]
Ottawa Launches $13B Housing Push To Deliver 4,000 Homes
Prime Minister Mark Carney launched the Build Canada Homes agency with an initial $13 billion budget to accelerate affordable construction and deliver 4,000 homes across six federal sites, with first builds slated to begin in 2026. The agency’s first tranche covers six locations—Dartmouth, Longueuil, Ottawa, Toronto, Winnipeg, and Edmonton—with site-specific details still pending. “The core […]
CIBC Expects BoC Rate Cut Faster Than US Fed
CIBC Capital Markets says the Bank of Canada has a stronger case to cut rates than the US Federal Reserve and is positioned to move more aggressively, starting with a 25-basis-point reduction. CIBC economist Ali Jaffery argues that Canada’s economy has moved “deeper into slack conditions throughout the year,” estimating a real-time output gap closer […]
Major Projects Office’s “Second Wave” Get Business Development Teams
Ottawa seems to have begun deploying “business development teams” to up-and-coming files, with at least one named assignment—Port of Churchill Plus—signaling the Major Projects Office will actively shepherd second-wave, undeveloped proposals. Policy analyst Heather Exner-Pirot flagged the shift, noting assignments of so-called “business development teams,” a role she characterized as well outside the public sector’s […]