Former Trans Mountain CEO Tapped to Lead Canada’s Major Projects Office
Prime Minister Mark Carney on Friday appointed Dawn Farrell, the former CEO of Trans Mountain Corp, to head Canada’s new Major Projects Office, a Calgary-based agency tasked with fast-tracking approval of major infrastructure projects. Farrell will serve as CEO of the office designed to streamline regulatory processes for what the government calls “nation-building” projects, with […]
Activist Sees Nearly 200% Upside at Cineplex With Buybacks and Divestitures
Activist shareholder Windward Management is pressing Cineplex (TSX: CGX) to accelerate share repurchases, sell non-core assets, and prepare for a potential sale, asserting the stock could nearly triple by the end of 2026. In an open letter, the hedge fund said Cineplex is “deeply undervalued” despite an improving box-office backdrop and a stronger balance sheet. […]
Prices Already Climbing As Trump Signals Higher Furniture Tariffs Within 50 Days
President Donald Trump said he has directed an investigation into furniture imports that he expects will result in higher tariffs by October. “Within the next 50 days, that Investigation will be completed, and Furniture coming from other Countries into the United States will be Tariffed at a Rate yet to be determined,” he wrote on […]
Cost-of-Living Concerns Drive Canadians Away From Liberals, Poll Finds
Conservative support has edged ahead of the governing Liberals nationwide for the first time in several months, according to a new Abacus Data poll highlighting Liberal weakness as economic anxieties intensify. The poll, conducted August 15 to 19 among 1,915 Canadian adults, found Conservative support at 41% among decided voters, up one point, while Liberal […]
CBC to Challenge Court Order on Subscriber Number Disclosure
CBC/Radio-Canada is challenging a transparency order in federal court, refusing to disclose how many people pay for its Gem streaming service. Information Commissioner Caroline Maynard ordered the disclosure in July after University of Ottawa professor Matt Malone filed an access-to-information complaint. “We will make our case in our filing with the Federal Court and let […]
Trans Mountain Q2 2025 Revenue Jumps 82% As Expanded System Logs First Full Year
Trans Mountain reported Q2 2025 revenue of $719 million, up 82% year over year from $396 million, with transportation revenue growing 85% year over year. The quarter logs results as its 890,000-barrel-per-day expanded system logged its first full comparable quarter from last year. Operating expenses rose 44% to $380 million from $264 million in Q2 […]
Alaska Targets 25% Faster Environmental Permits For Mining, Energy Projects
Alaska has moved to cut environmental review timelines for mining and energy proposals by roughly 25%, signing a FAST-41 memorandum with federal regulators that targets 2.7 years from 3.6. The deal gives Alaska “a seat at the table,” Gov. Mike Dunleavy said, calling it “the beginning of something the whole country could use.” Permitting Council […]
Government Becomes Intel’s Largest Shareholder in $8.9B Deal
The Trump administration announced it will take a nearly 10% stake in Intel Corp. (Nasdaq: INTC) worth $8.9 billion, converting previously awarded grants into equity ownership as part of a broader plan to establish a US sovereign wealth fund. The deal makes the federal government Intel’s largest single shareholder and represents what White House economic […]
Is Japan Backing Out Of $550 Billion Investment In US?
Japan canceled this week’s Washington trip to finalize the $550 billion US-bound investment package, delaying the deal while tariff changes remain unresolved. Reuters reported that trade negotiator Ryosei Akazawa pulled the visit due to administrative delays, with NHK and Kyodo noting outstanding issues at the working level. A government source said Akazawa could fly early […]
Congress To Investigate Wikipedia Over Israel-Related Entry, Asking Contributors’ Identities
The House Oversight Committee opened an investigation into the Wikimedia Foundation, ordering records by September 10 tied to alleged anti-Israel bias and foreign manipulation of Israel-related Wikipedia content. The letter, signed by Republican Reps. James Comer and Nancy Mace, directs Wikimedia CEO Maryana Iskander to produce materials covering January 1, 2023 to the present. Requests […]