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.
Deep Sky to Invest $500 Million in Manitoba Carbon Removal Facility
Deep Sky, a Montreal-based carbon-removal developer, has announced plans to build one of the world’s largest direct-air capture facilities in southwestern Manitoba, a project the company says will represent about $500 million in investment and ultimately remove up to 500,000 metric tons of carbon dioxide a year at full build-out. Company materials say the project […]
Ontario Snubs $4.6B Private Investment Seeking Only Power Supply
A Canadian investor says Ontario has given his $4.6 billion Marineland redevelopment proposal little more than a polite brush-off despite the province’s surging demand for electricity and an urgent animal welfare crisis at the park. Marc Wade, a Canadian-born financier based in Los Angeles, and Fred Knapp of Knapp Capital Management presented a plan in […]
Small Landlords Complain Of Uncertain Future As Foreign Student Numbers Plummet in Canada
Many small landlords across Canada are confronting new risks as the influx of international students — a key source of rental demand — sharply declines under the federal government’s revised immigration policies. Under the government’s announcement, Canada will issue up to 437,000 study permits in 2025, representing a 10% cut from the 2024 cap. In […]