Canadians Are Paying Too Much For Internet Services – And Telecom Regulators Want To Change That
Canadians are paying exceptionally high prices for internet services— the highest among international counterparts, to be exact. Vicky Eatrides, the new chair of Canada’s telecom regulator, is looking to change that, promising price relief for the country’s wholesale internet market sooner than later. In an interview with the Toronto Star, Eatrides said she plans to […]
Lost Luggage? Air Canada Might Have Already Donated It To Charity
An Ontario couple waited more than three months to be reunited with their lost luggage, only to find out that it had already been donated to an Etobicoke charity by Air Canada (TSX: AC). Nikita Rees-Wilson and her husband learned that one of their suitcases didn’t arrive with them to Toronto on their trip back […]
No More TikTok For America: US Senator Looks To Legislate Ban On China’s ByteDance App
The United States might soon be saying goodbye to TikTok, the popular Chinese-owned video-streaming app that gained massive popularity during the pandemic. According to a statement released Tuesday, Republican Sen. Josh Hawley will introduce legislation to ban TikTok in the whole country. Noting on a tweet, Hawley said that the app is “China’s backdoor into […]
Lebanese Coffee Jumps 9% In Two Hours As Currency Continues To Plummet
Since its financial collapse in 2019, Lebanon’s currency has been on a sharp descent. The Lebanese pound, which has since lost over 97% of its value, on Tuesday hit a record low of 54,000 LL per US dollar compared to 1,500 LL before the crisis. A cafegoer was able to document the speed of the […]
Postmedia Announces Fresh Round of Layoffs, Cuts 11% of Editorial Staff
Postmedia Network will be introducing new cost-cutting measures including cutting 11% of editorial staff from titles across Canada, according to CWA Canada union president Martin O’Hanlon, which represents some of the media company’s journalists. The cuts were announced in an internal town hall on Tuesday, following a company memo last week that said that an […]
Mistakenly Uploaded Files Show BlockFi Has $1.2 Billion Tied To Sam Bankman-Fried
According to financials that had previously been redacted but were mistakenly uploaded on Tuesday without redactions, bankrupt crypto lender BlockFi has over $1.2 billion in assets tied up with Sam Bankman-Fried’s FTX and Alameda Research. The unredacted BlockFi filing shows a balance of $415.9 million in assets linked to FTX and $831.3 million in loans […]
Union Representing CRA Employees Wants A 30% Pay Increase Over 3 Years
Canada Revenue Agency (CRA) workers represented by the Union of Taxation Employees (UTE) may be asking for too much too soon, or the right amount just at the wrong time. Either way, the series of pay increases proposed by UTE is raising some eyebrows. On top of a one-time 9% wage adjustment to address the […]
Hipgnosis Songs Capital Acquires Justin Bieber’s Music Catalog for $200 Million
Justin Bieber has finalized a deal to sell his share of the rights to his music to Hipgnosis Songs Capital at just a little over $200 million, according to people familiar with the matter. The deal covers 100% of the 28-year-old musician’s publishing rights, artist royalties from master recordings, and neighboring rights to the 290-title […]
Small Caps “Should Do Incredibly Well” In 2023 – With Chris Andrew of Clarmond Wealth
Joining us today on the Daily Dive is Chris Andrew, CEO of Clarmond Wealth. Chris sits with us to discuss commodities, the copper market, his investing strategy, and how small caps can hit it big in 2023. Clarmond Wealth is a boutique wealth management and investment advisory firm which offers a broad but highly personalized […]
Tesla Semi: What We Know So Far Of The Expansion In Nevada
Tesla (Nasdaq: TSLA) announced on Tuesday that it is expanding its foothold in the state of Nevada with an additional $3.6 billion investment. Part of this move is the firm’s first high-volume Semi factory. “We will be investing over $3.6 billion more to continue growing Gigafactory Nevada, adding 3,000 new team members and two new […]