China Expels 9 Senior Military Officers in Historic Purge
China’s Defense Ministry announced Friday the expulsion of nine senior military officers from the Communist Party and armed forces, including one of two vice chairmen of the powerful Central Military Commission, in the most dramatic purge of military leadership since the Cultural Revolution. The nine officers, including He Weidong, the second of two CMC vice […]
Canada Grants Tariff Exemptions for Chinese, US Steel and Aluminum Imports
The Canadian government has exempted dozens of companies from paying retaliatory tariffs on certain Chinese and US steel and aluminum imports, drawing sharp criticism from domestic steel producers. The exemptions, outlined in a new order-in-council, cover certain products that companies claim they cannot source domestically, or require to fulfill existing contracts. The relief allows Canadian […]
Ontario, Ottawa Announce $29M Rescue for Newsprint Mill as Industry Shrinks
The federal and Ontario governments will pump $78.8 million into a century-old paper mill facing closure, buying time for a facility struggling against the long-term decline of North American newsprint markets. The federal government announced on October 17 that it would provide a $12 million loan to Kap Paper, with Ontario adding $16.8 million on […]
Canada Opens $700M Loan Program for Lumber Industry Hit by US Tariffs
The Canadian government has opened applications for a $700 million loan guarantee program that helps lumber companies weather mounting US tariffs that have pushed some firms into bankruptcy. The Business Development Bank of Canada announced the program’s launch Wednesday, allowing softwood lumber businesses to access up to $20 million per ownership group in financing and […]
Ottawa Pivots To Crowd In Private Capital As Federal Deficit Balloons
Canada seems to be taking a page from the US playbook as it plans to pivot to a crowd-in strategy that uses higher federal project spending and lighter regulation to attract private capital for its priorities. “Our upcoming budget will ‘crowd in’ private investment. We will build Canada Strong,” Industry Minister François-Philippe Champagne said. In […]
Trump Administration Rolls Back Tariffs on Products US Can’t Produce
The Trump administration is rolling back tariffs on products that cannot be domestically produced, a reversal that comes as legal challenges mount and trade negotiations accelerate. The exemptions cover goods that “cannot be grown, mined, or naturally produced in the United States” or cannot be produced in sufficient quantities to meet domestic demand, according to […]
Prospector Metals Drills 4.64 g/t Gold Over 10.0 Metres At ML Property
Prospector Metals (TSXV: PPP) continues to discover gold at their flagship ML Property. The company released further assay results from a drill program conducted this summer, with the latest set of results focused on the Skarn Ridge- Bueno Trend. The Skarn Ridge-Bueno Corridor is said to have now been traced for at least 1.4 kilometres, […]
Elemental Altus Sees Tether Take 51.4% Ownership Stake
Elemental Altus Royalties (TSXV: ELE) is effectively under new ownership. Major shareholder Tether Investments has secured additional shares in the company, bringing their ownership of the gold royalty name to 51.4%. The increase in Tether’s ownership follows the purchase of common shares from AlphaStream Limited, who previously held a 13.9% interest in the royalty name. […]
Richmond Warns Owners Titles At Risk After BC Aboriginal Land Ruling
The City of Richmond has notified registered homeowners that their property rights could be affected by the BC Supreme Court’s decision in Cowichan Tribes v. Canada, which recognized Aboriginal title over parts of Lulu Island and held that Aboriginal title takes precedence over fee simple ownership. City hall says the ruling declared Aboriginal title over […]
Antimony Rush: How The Critical Mineral Race Is Unearthing Valuation Gaps In Mining Firms
Alongside its critical minerals push, the White House has accelerated mineral security funding through mining names in the US.