Saturday, May 2, 2026

Santacruz Silver Makes Final Base Payment On Bolivian Assets To Glencore

Santacruz Silver Mining (TSXV: SCZ) has finally removed a substantial overhang from their cash flows. The company this morning announced that it has completed the accelerated payments that they were making to Glencore in connection with the purchase of their Bolivian assets. The completion follows the company making both the fourth and fifth payments under […]

Ontario Weighs Pulling Crown Royal from Liquor Stores After Plant Closure

Ontario officials say they’re considering removing Crown Royal whisky from provincial liquor stores after the brand’s parent company announced plans to shutter a bottling plant and eliminate 200 jobs. Premier Doug Ford dramatically dumped a bottle of Crown Royal at a Tuesday news conference, calling spirits giant Diageo “dumb as a bag of hammers” for […]

India Reduces US Treasury Holdings, Boosts Gold Reserves

India has reduced its holdings of US Treasury securities by $15 billion while significantly increasing its gold reserves, as central banks worldwide reduce dollar-denominated assets, according to data released this week. The Reserve Bank of India’s holdings of US government bonds fell to $227 billion in June 2025, down from $242 billion a year earlier, […]

US Military Strikes Drug Vessel from Venezuela, Killing 11

US military forces conducted a deadly strike Tuesday against a suspected drug smuggling vessel in the Caribbean Sea, killing 11 people aboard a boat that had departed from Venezuela. The “precision strike” targeted what officials described as members of Tren de Aragua, a Venezuelan criminal organization designated by the State Department as a foreign terrorist […]

Canada Integrates Coast Guard Into National Defence Framework

The Canadian Coast Guard officially became part of the Department of National Defence this week, marking a significant restructuring of Canada’s maritime security operations as the government works to strengthen coordination across its defense agencies. The integration, formalized through an Order in Council, brings the Coast Guard’s 126-vessel fleet — including icebreakers, patrol ships, and […]

Ford Dumps Canadian-Made Crown Royal to Protest Job Losses

Ontario Premier Doug Ford poured out a bottle of Crown Royal whiskey during a news conference on Tuesday, protesting the spirits maker’s decision to close a bottling plant and eliminate about 200 jobs. Ford dumped the amber liquid on the ground at his podium in Kitchener while lashing out at Diageo (LON: DGE), the British […]

Canadian Pension Funds, Quebec Lose Over $1 Billion in Northvolt Collapse

Major Canadian pension funds and the Quebec government have collectively lost more than $1 billion following the bankruptcy of Swedish battery manufacturer Northvolt AB, marking one of the largest investment failures for Canada’s public sector in recent years. The Investment Management Corporation of Ontario wrote down its entire $400 million investment, while the Ontario Municipal […]

New Brunswick Advances Saint John LNG Export Talks

New Brunswick’s Holt government says it held regular talks throughout the summer with Repsol and TC Energy on a Saint John LNG export plan, with Natural Resources Minister John Herron calling it “more than just a concept” but still in “nascent stages.” Herron argues Saint John is “the most probable location” for an East Coast […]