Ottawa Spends $2B, Ontario Adds $1B To Fund Darlington SMRs
Ottawa will invest $2 billion to build four small modular reactors at Ontario Power Generation’s Darlington site in Bowmanville through the Canada Growth Fund, a move the government says will make Canada the first G7 country to bring SMR technology online. Ontario added $1 billion through the Building Ontario Fund as part of the same […]
Federal Reforms Target Random Violence and Repeat Offenses Under Bill C-14
The federal government introduced legislation Thursday aimed at tightening Canada’s bail process and increasing penalties for repeat violent offenders. Bill C-14, the Bail and Sentencing Reform Act, was presented in the House of Commons and proposes amendments to the Criminal Code, the Youth Criminal Justice Act and the National Defence Act. Under the bill, judges […]
Trump Administration Weighs Sweeping Software Export Controls on China
The Trump administration is considering export restrictions that would bar global shipments of products containing or produced with US software from being sold to China, a move that could disrupt international supply chains and force companies worldwide to choose between American technology and the Chinese market, according to Reuters. The proposed controls, still under deliberation, […]
Newmont Q3 2025: Profit Doubles, But FCF Guided To Be Hit In Q4
Newmont’s (NYSE: NEM) Q3 2025 results show revenue rising 20% year over year to $5.52 billion from $4.61 billion, as higher realized gold prices offset lower volumes. Attributable gold production was 1.42 million ounces, down 15% year over year, reflecting lower grades and planned downtime at Peñasquito and Lihir and the end of mining at […]
Aclara To Construct Heavy Rare Earths Separation Facility In Louisiana
Aclara Resources (TSX: ARA) is looking to become a domestic producer of rare earths in the United States. The company this morning announced the decision to proceed with the construction of a heavy rare earths separation facility, which will represent the first such facility in the US. The facility, which is to be located in […]
Trump Pardons Binance Founder Changpeng Zhao
President Donald Trump has issued a full and unconditional pardon to Changpeng “CZ” Zhao, founder of the cryptocurrency exchange Binance, erasing his 2023 conviction for failing to maintain anti-money-laundering controls. Zhao, a leading figure in global crypto markets, resigned as Binance’s chief executive after the company pleaded guilty to compliance failures and agreed to pay […]
Is TSMC’s Rare Earth Supply Really About To Run Out?
With the rare earth race heating up and export controls being tightened, one can wonder on how other markets that are not China nor US are doing in terms of supply. An observer posted a claim that TSMC had only 30 days of rare earth inventory left, allegedly confirmed by the firm’s chairman, Wei Zhejia. […]
Florida Gov. DeSantis to Put Property Tax Abolition on 2026 Ballot
Florida Gov. Ron DeSantis confirmed Tuesday he will ask voters in November 2026 to abolish property taxes for homeowners, a sweeping proposal that would eliminate the primary funding source for schools, police, and fire departments statewide. Voters must approve the constitutional amendment with a 60% supermajority. “Your personal home — you shouldn’t rent it from […]
More Countries Convert Chinese Debt to Yuan to Cut Interest Costs
Kenya and Ethiopia are restructuring billions in Chinese debt, abandoning the US dollar for yuan-based repayment in deals that slash interest expenses while advancing Beijing’s push to expand its currency’s international reach. Kenya finalized a $3.5 billion currency swap in early October, Finance Minister John Mbadi announced. The restructuring cuts Kenya’s annual debt payments to […]
Whitecap Q3 Revenue Jumps 86% as EPS Drops 63%
Whitecap Resources (TSX: WCP) reported Q3 2025 revenue of $1.66 billion, up 86% from $890.9 million a year earlier. The quarter reflects a materially larger production base following the May 12 closing of the Veren combination and sets up higher full-year guidance alongside a 2026 capital plan. Despite the revenue surge, per-boe economics weakened. Petroleum […]