Gasoline Demand Hits Record 28M Barrels Daily as EV Transition Slows
Global gasoline consumption reached approximately 28 million barrels per day in 2025, surpassing the International Energy Agency’s prediction that demand peaked in 2019, according to S&P Global Commodity Insights. The resilience comes as major economies roll back policies designed to accelerate the transition to cleaner vehicles. The United States and European Union announced significant regulatory […]
Canadian Home Prices Fall 20% From Peak in Steepest Decline Since 1990s
Canadian home prices posted their steepest decline in more than two decades, falling 20% from their March 2022 peak as elevated borrowing costs and economic uncertainty continue to weigh on the market. The national benchmark home price stood at $679,600 in November 2025, down 3.7% from a year earlier, according to the Canadian Real Estate […]
Northern Superior Shareholders Set To Receive Shares Of ONGold Resources Friday
Northern Superior Resources (TSXV: SUP) this morning released details on just how many shares of ONGold Resources (TSXV: ONAU) shareholders will be receiving in connection with the closing of Northern Superior’s acquisition by IAMGOLD (TSX: IMG).
Ottawa-Ontario to Finalize Major Projects Deal to Accelerate Ring of Fire
Ontario and the federal government are finalizing a major-projects deal designed to cut review duplication, with a side letter that accelerates federal timelines for parts of Ontario’s proposed Ring of Fire road to as early as June 2026. The draft agreement, unveiled last month, mirrors Ottawa’s accords with Manitoba, Prince Edward Island, and BC’s earlier […]
Trump Wants “Oil Rights Back” From Venezuela As Navy Blockades Loom
Trump’s Venezuela posture is being operationalized through oil-centric demands and maritime pressure, while Venezuela has begun naval escorts for outbound cargoes and the US House rejected a War Powers check by a two-vote margin. In his remarks, Trump said Venezuela was “getting land, oil rights, whatever we had,” adding, “They took our oil rights… They […]
Canada Nickel Reports Initial Resource Estimates For Midlothian, Bannockburn Properties
Canada Nickel Company (TSXV: CNC) continues to work on the development of its regional properties, with the company this morning releasing initial resource estimates at two of its projects. At Midlothian, Canada Nickel has reported that the project contains 595 million tonnes of inferred resources at 0.28% nickel, representing 1.68 million tonnes of contained nickel. […]
Goliath Resources Sees Rob McEwen Increase Ownership Interest
Goliath Resources (TSXV: GOT) has seen a major cornerstone investor increase their stake in the company. Renowned mining executive Rob McEwen has increased his stake further in the company via the exercise of warrants.
Indonesia Plans Major Nickel Production Cut to Stabilize Prices
Indonesia plans to slash nickel production by a third next year as the world’s dominant supplier seeks to halt a two-year price decline that has shuttered mines globally. The Southeast Asian nation will reduce its mining quota to 250 million tonnes in 2026, down 34% from current levels, according to the Indonesian Nickel Miners Association. […]
Conservative Support Rises in Latest Canadian Poll as Liberals Near Majority Through Floor-Crossings
A new poll shows Conservatives ahead of Prime Minister Mark Carney’s Liberals by one percentage point, marking a shift in public opinion as the Liberal government approaches a parliamentary majority through Conservative defections. The Mainstreet Research survey conducted December 7-12 found 42% of decided and leaning voters support the Conservatives, compared to 41% for the […]
BC May Need $1 Billion in Loan Guarantees for Cowichan Title Area, Expert Warns
The province may need up to $1 billion in loan guarantees to backstop financing for properties affected by a landmark Aboriginal title ruling, far exceeding Premier David Eby’s $150 million pledge, a property tax expert warns. Paul Sullivan, principal at Ryan LLC, calculated the estimate based on standard banking practices. Banks typically lend 70 to […]