Canadian Manufacturers Blame Ottawa, Not Trump’s Tariffs, for Economic Woes
A coalition of Canadian manufacturers has launched a billboard campaign across the country blaming Ottawa for the nation’s economic struggles, arguing the federal government poses a greater threat to the economy than trade tensions with Washington. The Coalition of Concerned Manufacturers and Businesses Canada erected billboards declaring “Ottawa is more detrimental to Canadians than Washington […]
What Carney’s Pre-Budget Address Was Really About
Prime Minister Mark Carney used a nationally televised pre-budget address to set an “ambitious” 10-year goal to double Canada’s non-US exports and to preview a Climate Competitiveness Strategy as the centerpiece of the upcoming Budget 2025 on November 4. Carney quantified the target as roughly $300 billion in additional trade with markets outside the US […]
Rogers Posts Q3 2025 Net Income Surge To $5.8B Post-MLSE Deal
Rogers Communications (TSX: RCI.B) reported its Q3 2025 financials, with revenue at $5.35 billion, up 4% year over year from $5.13 billion. On a segmented basis, wireless revenue increased 2% to $2.66 billion due to equipment revenue jumping 9%. Cable revenue increased 1% to $1.98 billion while media revenue climbed 26% to $753 million with […]
Freeport Posts Revenue Jump In Q3 2025 Despite Grasberg Halt
Freeport (NYSE: FCX) posted its Q3 2025 results this morning, notching quarterly revenue of $6.97 billion, up 2.7% year over year as stronger realized prices offset lower volumes linked to the Grasberg mud-rush suspension, which reduced copper production by about 90 million pounds and gold by roughly 80,000 ounces during the quarter. Consolidated copper sales […]
Tesla Sees Profit Plummet Despite Revenue Jump In Q3 2025
Tesla (NASDAQ: TSLA) reported Q3 2025 revenue of $28.1 billion, up 12% year over year, while operating income fell 40% to $1.6 billion, compressing the operating margin to 5.8%. Segment revenue showed mixed drivers: automotive rose 6% to $21.2 billion, energy generation and storage jumped 44% to $3.4 billion, and services and other increased 25% […]
Anfield Energy Set To Launch Construction Of Velvet-Wood Uranium-Vanadium Mine
Anfield Energy (TSXV: AEC) is set to formally launch construction activities for the Velvet-Wood uranium-vanadium mine in San Juan County, Utah. The company this morning revealed the decision to move forward with construction following the announcement of a planned ground breaking ceremony on November 6.
G Mining Formally Approves Construction Of Oko West Gold
G Mining Ventures (TSX: GMIN) is officially moving forward with the development of a second mine, putting the company on the path of becoming a multi-asset producer. The firm this morning announced a formal construction decision for their Oko West Gold Project in Guyana. The formal construction decision is said to come at an initial […]
Volkswagen to Halt Production at German Plants Amid Chip Shortage Tied to US-China Tensions
Volkswagen will halt production of its Golf model at its main Wolfsburg plant starting October 29 due to a semiconductor shortage sparked by escalating trade tensions between the United States and China, according to German newspaper Bild. The automaker may also suspend production of the Tiguan, Touran and Tayron models. The company has not specified […]
Molson Coors To Slash Workforce 9% By December 2025
Molson Coors (TSX: TPX.B) said on Monday it will cut about 400 salaried jobs across its Americas workforce, equal to 9% of that section, with completion targeted by December 2025. The company expects fourth-quarter charges of US$35 million to US$50 million tied to the plan. The brewer said the restructuring will free funds to reinvest […]
US-China Trade War Escalates as Beijing Tightens Rare Earth Controls
China has imposed sweeping export restrictions on rare earth elements critical to defense systems and advanced technology, significantly escalating trade tensions with the United States and threatening global supply chains just weeks before Presidents Donald Trump and Xi Jinping plan to meet. China announced the new controls in early October. They take effect December 1 […]