Monday, March 16, 2026

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Taxpayers Lend $500M to Struggling Algoma Steel, Get Nothing in Return

Algoma Steel (Nasdaq: ASTL) announced Monday it had secured $400 million from Ottawa and $100 million from Ontario under emergency tariff relief programs. The company calls the funds critical to maintaining operations and its 2,600-person workforce, as 50% US tariffs effectively close off its largest market. But the loan structure — which gives taxpayers no […]

Palestinian Authority, Arab Nations Welcome Trump Gaza Peace Plan

The Palestinian Authority and eight Arab nations welcomed President Donald Trump’s 20-point peace proposal for Gaza on Monday, pledging to work with the United States to implement a comprehensive agreement to end the war. The Palestinian government issued a statement expressing confidence in Trump’s ability to find a path toward peace and committed to implementing […]

Canada’s ‘New’ Major Projects Office Absorbs Year-Old Team With Same Mission

The Canadian government’s newly created Major Projects Office is taking over the functions of a federal team established in 2024 with a strikingly similar mandate. Prime Minister Mark Carney launched the Calgary-based Major Projects Office in August to fast-track major infrastructure proposals through streamlined federal approval processes. The office aims to reduce project approval timelines […]

The Global Conflict Has Already Started | Bryan Cunningham

Brian Cunningham, former CIA intelligence officer and now President of Liberty Defense (TSXV: SCAN), shares his perspective on the fallout from the Charlie Kirk shooting and how social media algorithms are fueling division across the country. He also examines rising geopolitical risks from Poland to NATO and what these developments mean for global stability. Brian […]

TotalEnergies Drops Solar, Buys Equity In Gas

TotalEnergies (NYSE: TTE) announced it would sell 50% of a 1.4 GW North American solar portfolio for total cash proceeds of $950 million. The reason behind the transaction seems to have surfaced within hours when the firm also announced the purchase of a 49% interest in producing natural-gas assets in Oklahoma’s Anadarko Basin. The solar […]

BHP Shares Crash as China Halts Cargoes

China’s state-run buyer China Mineral Resources Group this week ordered mills and traders to halt purchases of all new BHP Group iron ore cargoes, freezing dollar-denominated deals and lifting Singapore iron ore futures 1.8% to $105.05 per ton. BHP shares fell as much as 4.8% in London while iron ore futures jumped around 1.8% to […]

Imperial Oil to Cut 900 Jobs in Major Restructuring

Imperial Oil (TSX: IMO) announced Monday it will eliminate 20% of its workforce by the end of 2027, cutting approximately 900 positions as the company restructures to reduce costs and adopt new technology. The energy producer, majority-owned by Exxon Mobil, expects the restructuring to generate $150 million in annual savings by 2028. Calgary will bear […]

Tamboran To Acquire Falcon Oil & Gas For $239M

Tamboran Resources (NYSE: TBN) will acquire Falcon Oil & Gas (TSXV: FO) in a transaction valuing Falcon’s subsidiaries at $239 million (US$172 million) in a massive energy consolidation move expected to close in Q1 2026. Under a definitive plan of arrangement, Tamboran will acquire all Falcon subsidiaries in exchange for 6,537,503 shares of Tamboran common […]