TD Bank Agrees to Pay $1.2B to Settle Allen Stanford Ponzi Scheme Lawsuit

Toronto-Dominion Bank (TSX: TD), along with two other banks, agreed to settle a lawsuit stemming from fraudster investor Allen Stanford’s Ponzi scheme. TD Bank, HSBC Holdings, and Independent Bank Group have agreed to pay a combined $1.35 billion to resolve litigation by former investors of Allen Stanford. The investors accused the banks of contributing to […]

Rent Spikes Are Driving Canadians Out Of Their Homes

With vacancy rates in Vancouver and Toronto at 0.9% and 1.7%, respectively, and rental costs on the rise, seniors, students, new immigrants, single parents, and persons with disabilities – those on low or fixed incomes — are being priced out of their towns. Ren Thomas, associate professor of planning at Dalhousie University in Halifax, says […]

Unpacking Nuclear Energy Myths – With Mark Nelson of Radiant Energy Group

Joining us today on the Daily Dive is Mark W. Nelson, founder & managing director of Radiant Energy Group. Mark sits down with us this afternoon to dive into the state of nuclear in the world today. Our discussion covers the evolution of nuclear energy, managing nuclear waste, the changing sentiment, and current regulation in […]

Elon Musk Lays Off Another 200 Twitter Employees, Including Chief Of Twitter Payments

Twitter is continuing its downsizing trend, this time letting go another 200 employees over the weekend. According to The New York Times which cited people familiar with the matter, Twitter laid off at least 200 employees on Saturday night, representing approximately 10% of the remaining 2,000 workers. Elon Musk has been slowly reducing the social […]

US Energy Department: COVID-19 Pandemic Likely Caused By Lab Leak In China

According to American authorities, new intelligence has led the Energy Department to determine that an unintentional laboratory leak in China most likely triggered the coronavirus outbreak, however U.S. intelligence agencies remain divided over the virus’s origins. Some individuals briefed on the intelligence, however, said the report was rather weak, and the Energy Department’s assessment was […]

Canada Vs. TikTok: Federal, Provincial Regulators To Launch Joint Investigation

The Privacy Commissioner of Canada announced on Thursday that Canada is opening a combined federal and provincial inquiry into the short-video app TikTok due to concerns about the platform’s acquisition, usage, and sharing of personal information. According to the commissioner’s office, the federal privacy regulator, as well as provincial counterparts in Quebec, British Columbia, and […]

Elon Musk Defends ‘Dilbert’ Creator, Says ‘Media Is Racist’

The syndicated comic strip “Dilbert” has been taken off newspapers across the country after its creator Scott Adams went on a racist rant and seemingly encouraged White people to “get the hell away” from Black Americans. Shortly after, Twitter owner Elon Musk jumped into the discussion and accused the media of being “racist against whites […]

Terra Balcanica Hits 505 g/t Silver Equivalent Over 11 Metres, Makes New Discovery

Terra Balcanica Resources (CSE: TERA) continues to prove out its flagship Viogor-Zanik project, releasing this morning further drill results from two targets at the property. The company has also identified a new discovery 2.3 kilometres to the southeast of the Cumavici Ridge target. A total of three drill hole assays were released this morning, including […]