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 […]
RCMP Chief Rebuts Poilievre’s Accusations: “No Interference”
RCMP Commissioner Mike Duheme rejected Opposition Leader Pierre Poilievre’s allegation that the force’s leadership is “despicable” and covering up for former Prime Minister Justin Trudeau, particularly in the SNC-Lavalin affair. “I think we’ve talked about essence quite a lot under the previous government, and I think it was clear that there’s no interference. I don’t […]
US-Venezuela Standoff Escalates As Trump Authorizes CIA
The US escalated its confrontation with Venezuela as President Donald Trump confirmed CIA covert operations, signaling that on-land strikes “could come soon.” Trump said Venezuela’s Nicolás Maduro “has already offered Venezuela’s natural resources,” adding, “he doesn’t want to f*** around with the United States.” The president also confirmed he had green-lit the CIA to operate […]
Federal Housing Funds May Bypass Key Cost Condition, Expert Warns
The federal government’s $283 million investment promises to unlock 63,000 new homes in Toronto, but a leading housing economist argues it may not address the primary barrier stopping construction: development charges that have soared to record levels. Dr. Mike Moffatt, founding director of the Missing Middle Initiative, argues the funding structure reveals a fundamental contradiction […]
Canada Dead Last in OECD Economic Growth Projections for Next Four Decades
Long-term forecasts from the Organization for Economic Co-operation and Development show Canada will post the weakest per capita economic growth among developed nations for the next four decades. The OECD forecasts Canada will see real GDP per capita expand by just 0.7% annually from 2020 to 2030, ranking it last among the organization’s 38 member […]
Gulf States Warn Trump’s Gaza Plan Is Collapsing
Saudi Arabia, the United Arab Emirates, and Bahrain warned the US that President Donald Trump’s post-war Gaza plan is in danger of collapse and that they will not finance reconstruction while Hamas retains weapons and territorial control. Messages sent to Washington said mediators had been too lenient with Hamas on disarmament and enforcement. The warnings […]
US Pledges To “Make Argentina Great Again” As Treasury Buys Pesos At Blue Chip Rate
The US bought Argentine pesos at the parallel “blue chip swap” rate, Treasury Secretary Scott Bessent said on X as Washington aims to stand with the South American nation to “make Argentina great again.” Bessent disclosed in a post on X that the Treasury also purchased pesos in spot markets and said the department has […]
MrBeast Files Trademark Application for Financial Services App
YouTube star MrBeast has filed a trademark application for a mobile banking platform that would offer cryptocurrency trading, lending services, and traditional banking features to his massive young audience. Beast Holdings LLC, the company owned by creator Jimmy Donaldson, submitted the “MrBeast Financial” application on October 13 to the US Patent and Trademark Office. Donaldson […]
Carney Rebuffs Ford’s Call to Hit Back at US Over Tariffs
Prime Minister Mark Carney on Thursday rejected calls from Ontario Premier Doug Ford to impose retaliatory tariffs on the United States, saying Canada should prioritize ongoing trade negotiations over escalation. “There’s times to hit back and there’s times to talk, and right now is the time to talk,” Carney told reporters at a news conference […]