MEG Energy: Cenovus Comes In With $7.9 BILLION Offer
It’s been a while folks, but it seems that we finally have another bidding war on our hands in the Canadian market. The last time this happened, we saw UEX Corp shareholders win big – Uranium Energy Corp initially bid $0.43 a share for the company, before Denison came in with a higher but undisclosed […]
Carney Unveils $6.4B Plan, ‘Buy Canada’ To Counter Trump Tariffs
Prime Minister Mark Carney unveiled an industrial strategy with at least $6.37 billion in targeted support and a new “Buy Canada” procurement policy to help workers and businesses withstand President Donald Trump’s tariffs and trade disruptions. A central move is an EV-mandate pause for the 2026 model year and the launch of a 60-day review. […]
Orla Mining Q2 Earnings: Musselwhite Changes Everything
Amid our ongoing backlog of must-cover quarterly earnings is a name we haven’t previously covered. However, after a transaction with Newmont earlier this year materially changed their operational profile, we felt that the name basically became a must-cover within the mining sector. Of course, we’re talking about Orla Mining (TSX: OLA), whom earlier this year […]
Endeavour Silver Q2 Earnings: Growth Isn’t Always Pretty
After a weak performance in the first quarter of 2025, Endeavour Silver (TSX: EDR) has seemingly redeemed themselves a bit in Q2. The first quarter saw costs blow out as the company seemingly placed all efforts on getting the Terronera project across the finish line, and while there was still some lingering effects from that […]
Peter Schiff Sees Gold At $6,000 in 2026
Peter Schiff forecast gold at $4,000 by December 2025 and $6,000 in 2026, with the Dollar Index falling toward 90 this year and 70 next year in a recent interview. “I don’t think I’ve ever been more bullish than I am now,” he said, citing “fundamentals” and “technicals” aligning across gold, silver, and miners. He […]
Federal Housing Minister Acknowledges Toronto Condo Market Is in ‘Free Fall’
Federal Housing Minister Gregor Robertson acknowledged Wednesday that Toronto’s condominium market is in “free fall.” This is the government’s starkest assessment yet of the struggling sector. “We were in a housing bubble,” Robertson told reporters following a tour of Oak House, a new University of Toronto residence. The admission represents a significant shift in tone […]
American Eagle Shares Surge On Q2 2025 Beat, Thanks To Sydney Sweeney
American Eagle Outfitters (NYSE: AEO) beat on earnings in the fiscal quarter ended August 2, 2025, as diluted EPS rose 15% to $0.45 from $0.39 in the comparable period last year while revenue slipped 0.6% to $1.28 billion from $1.29 billion last year. The figures beat the estimates $0.20 EPS and $1.23 billion in revenue. […]
Poll: Canadians Say Government Too Focused on Trump, Not Domestic Issues
An overwhelming 85% of Canadians say they’re tired of hearing about Donald Trump, according to new polling that reveals growing frustration with the attention devoted to the US president while domestic challenges mount. The Abacus Data poll, conducted between August 28 and September 2 with 1,500 Canadian adults, found broad fatigue with Trump coverage spanning […]
BYD Cuts Annual Sales Target By 16%, Cites Intense Competition
Electric carmaker BYD cut its full-year sales target by 16% to 4.6 million units after a 30% quarterly profit decline and flat deliveries in July–August, citing intensifying competition in China’s EV market from Geely, Xpeng, and Xiaomi. Competition remains tight with “about 50 automakers” repeatedly cutting prices to win customers. Beijing has moved to discourage […]
Canada Has A Money Laundering Problem, Estimates $45–$113B Laundered Annually
Canada has a big problem: between $45 billion and $113 billion is laundered domestically each year, the 2025 Assessment of Money Laundering and Terrorist Financing Risks in Canada finds. This makes money laundering—driven primarily by organized crime groups and specialized third-party enablers—the dominant financial crime risk in the country. Further, the report identifies illegal drug […]