Did Carney Really Say MPs Are Just Useful For Votes?

Prime Minister Mark Carney appeared to say MPs are “useful for votes” during a recent hot mic exchange with Croatian Prime Minister Andrej Plenković, but the surrounding context suggests the two leaders were discussing parliamentary systems rather than Carney making a direct attack on MPs. The moment was captured during Plenković’s official visit to Parliament […]

US Opens 60 Day Legal Window For Iranian Oil Trade

The US Treasury has given global oil traders a temporary legal bridge into Iranian crude, but only for 60 days and only inside a tightly drawn compliance box. The Office of Foreign Assets Control issued Iran General License X on June 22, authorizing the production, sale, delivery, and offloading of Iranian-origin crude oil, petrochemical products, […]

Canada’s Nuclear Strategy Targets Up To 10 New Reactors By 2040

Canada's Nuclear Strategy Targets Up To 10 New Reactors By 2040

Canada’s first ever National Nuclear Energy Strategy sets an ambitious target of up to 10 new reactors over the next 15 years, with officials acknowledging the build-out could cost more than $100 billion. The federal government has not specified how that bill would be paid. Released Monday by Energy Minister Tim Hodgson, the strategy calls […]

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First Majestic Exits Del Toro In Deal Worth Up To US$60M

First Majestic Silver (NYSE: AG) (TSX: AG) has completed the sale of its Del Toro silver mine to Sierra Madre Gold and Silver (TSXV: SM), closing a transaction valued at up to US$60 million. The deal, struck under a share purchase agreement dated December 17, 2025, saw Sierra Madre acquire the asset via a mix […]

Canada’s Inflation Rate Hits 3.2% as Gas and Grocery Costs Surge

Canada’s annual inflation rate reached 3.2% in May, its highest reading since late 2023, surprising analysts who had forecast a rise to three per cent from 2.8% in April, according to Reuters polling. Fuel costs were once again the dominant factor, with gasoline prices posting a 33.2% year-over-year gain in May, steeper than the 28.6% […]

MP Materials, USA Rare Earth Targeted in China’s Latest Retaliation

MP Materials (NYSE: MP) and USA Rare Earth (NASDAQ: USAR), two companies at the heart of Washington’s push to build a domestic rare earth supply chain, are among 10 American firms that China has cut off from dual-use exports after Beijing accused them of ties to the U.S. military. China’s Ministry of Commerce made the […]

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Newmont Clears Permitting Hurdle For Red Chris Expansion

Newmont (NYSE: NEM) has secured the regulatory approvals it needs to push its Red Chris project in northwest British Columbia underground, clearing one of the larger hurdles standing between the copper and gold mine and a multi-decade extension of its operating life. The BC government has granted an amended Environmental Assessment Certificate and an amended […]