Billionaires Leave UK as Government Ends Tax Breaks for Wealthy Foreign Residents
At least 18 billionaires have departed Britain over the past two years as the government eliminated longstanding tax advantages for wealthy overseas residents, new research shows. The UK scrapped its “non-domiciled” tax regime in April 2025, ending a centuries-old system that allowed affluent foreign residents to avoid British taxes on overseas income unless they brought […]
Trump Unveils Major AI Investment Initiative During Pennsylvania Summit
President Donald Trump on Tuesday unveiled more than $90 billion in private investments for artificial intelligence and energy infrastructure in Pennsylvania, positioning the state as a key battleground in the global race for AI dominance. Speaking at Carnegie Mellon University during the Pennsylvania Energy and Innovation Summit, Trump joined executives from major technology and energy […]
Trump Threatens Russia With Tariffs, Announces New Ukraine Weapons Plan
President Donald Trump announced Monday he will provide Ukraine with advanced US weapons and threatened to impose 100% tariffs on Russia and its trading partners if a peace deal is not reached within 50 days. Speaking during an Oval Office meeting with NATO Secretary-General Mark Rutte, Trump said European countries would purchase US-made weapons, including […]
First Nations Sue to Halt Fast-Track Nation-Building Projects
Nine Ontario First Nations have asked the Superior Court for an injunction to freeze Bill C-5 and Ontario’s Bill 5, arguing the twin fast-track statutes threaten their self-determination and must be tested for constitutionality before any “nation-building” project proceeds.   The federal measure lets cabinet deem mines, ports, and pipelines “national interest” works; the […]
Emerita Reports Aznalcollar Public Tender Trial Hearings Have Concluded, Verdict Expected This Fall
Emerita Resources (TSXV: EMO) has seen the completion of hearings for the criminal trial on the alleged crimes committed during the awarding of the Aznalcollar tender.
Canada Reclaims Mine Finance Crown On $7.7B Gold-Powered Surge
Global equity investment in the mineral sector crept higher in 2024, yet the total remained “significantly below both 2021 and pre-2018 benchmarks,” marking a third straight year of muted activity. PDAC’s core message in its 2025 Mineral Finance report is blunt: the modest rebound owes almost everything to a historic surge in gold prices rather […]
Baby Boomers Control 54% of US Stock Wealth Despite Being 21% of Population
Baby boomers control 54% of all US corporate stocks and mutual funds despite representing just 21% of the population, new Federal Reserve data shows, highlighting a persistent generational wealth gap. Americans born between 1946 and 1964 have barely loosened their grip on equity ownership since 2020, when they held 57%. Meanwhile, millennials own just 8% […]
Canada’s Condo Crisis Traps Would-Be Home Upgraders
Canada’s struggling condominium market is trapping potential homebuyers who want to upgrade to larger properties, with sales plummeting and little sign of recovery despite broader housing market optimism. Condo apartment sales have dropped 75% in the Greater Toronto Area and 37% in the Vancouver region since 2022, according to a Canada Mortgage and Housing Corp […]
Canadians Prefer Debt Than Tax To Fund Military Spending Increase, Poll Finds
Canadians would rather add to Ottawa’s balance sheet than their own tax bill to pay for the country’s largest military buildup since the World War II. A new Nanos Research poll shows 49% of respondents either support or somewhat support financing the defence surge through higher federal borrowing, while 46% oppose that approach. Backing for […]
Fed Can Ignore Trump Even with A New Chair
A Federal Reserve regional president suggested Tuesday that the central bank’s rate-setting committee could effectively ignore a politically appointed Fed chair, delivering a subtle rebuke to President Donald Trump’s escalating pressure campaign against current Fed leadership. Richmond Fed President Tom Barkin told an audience in Baltimore that while he hopes the next Fed chair will […]