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 […]
Canadian Public Safety Minister’s Phone Number Found in 2006 Terror Probe Documents
Canada’s Public Safety Minister Gary Anandasangaree’s phone number was discovered in documents seized during a 2006 police raid on a suspected Tamil Tigers fundraising operation, according to records obtained by Global News. The Royal Canadian Mounted Police found Anandasangaree’s contact information during Project Osaluki, a counter-terrorism investigation into the World Tamil Movement, which authorities alleged […]
26 Nations Agree to Ukraine Security Guarantees, Macron Says
French President Emmanuel Macron announced Thursday that 26 countries have agreed to provide security guarantees for Ukraine, including military contingents and assistance, as part of preparations for a potential peace deal with Russia. The announcement came during a joint press conference with Ukrainian President Volodymyr Zelenskyy in Paris, marking a significant step forward for the […]
Canada’s Unemployment Rate Rises To 7.1% In August
Canada’s labor market contracted for the second consecutive month in August, as employment declined by 66,000, or 0.3 percent, with most of the losses in part-time positions. The national employment rate slipped 0.2 percentage points to 60.5 percent while the unemployment rate rose to 7.1 percent, the highest since May 2016 outside the pandemic years. […]
Ottawa’s 32-Project Fast-Track List Focuses On Energy, Ports, Mining
Ottawa’s internal draft names 32 potential infrastructure projects for fast-track consideration and includes a new oil pipeline from Alberta through northwest BC to the Pacific Coast, according to a government document circulated within Housing, Infrastructure and Communities Canada obtained by The Globe and Mail. The list is framed under Bill C-5 (Building Canada Act), passed […]
Ottawa To Reportedly Launch EV Sales Policy Review Amid Tariffs
Canada will reportedly launch a regulatory review on the 2026 EV sales mandate that could lead to the scrapping of said initiative. CTV News reports Prime Minister Mark Carney and key ministers will unveil a suite of sector-based measures Friday to boost competitiveness and support industries hit by tariffs, with multiple sources saying a review […]
ESGold Outlines $24.3 Million NPV For Tailings Reprocessing Project
FULL DISCLOSURE: ESGold Corp is a sponsor of theDeepDive.ca. ESGold Corp (CSE: ESAU) yesterday released their much-awaited updated preliminary economic assessment for their flagship Montauban Gold-Silver project in Quebec. The study is said to have outlined their position as a pre-production gold miner with both near term cash flow and discovery upside. The revised study […]
Carney’s Major Projects Push Mirrors PMO Polling Results
The Carney government’s major projects push is being tuned by polling-tested messaging, with internal surveys in late May and June showing broad public backing the government can market. Internal PMO polling shows Canadians overwhelmingly back large infrastructure—led by hydroelectric projects at 88.4% support. Support is similarly high for highways (81.9%), long-distance transmission lines (79.4%), and […]
New Found Gold To Acquire Maritime Resources In Bid To Advance Production Timeline
New Found Gold (TSXV: NFG) evidently has its sights set on becoming a gold producer, with the company this morning announcing a definitive agreement to acquire Maritime Resources (TSXV: MAE). The arrangement is expected to establish a multi-asset near term gold producer, thanks in part to Maritime’s Hammerdown Gold project, which is expected to enter […]
Elemental Altus To Acquire EMX Royalty In Tether-Backer Merger
More consolidation is coming to the royalty segment of the mining sector. Last night, Elemental Altus Royalties (TSXV: ELE) announced that they would be acquiring EMX Royalty Corp (TSXV: EMX) in a bit to establish a mid-tier gold-focused royalty company. As part of the transaction, Tether Investments, the group behind the Tether stablecoin, will be […]