Ford’s Bill 5 Sets Stage to Fast-Track Ring of Fire
Ontario Premier Doug Ford has introduced Bill 5 to break the gridlock that has stalled major infrastructure projects—chief among them the Ring of Fire mining district in the Hudson Bay Lowlands. By creating “special economic zones” exempt from many municipal and provincial regulations, the legislation grants cabinet sweeping authority to determine which rules apply and […]
DOGE Spending Cuts Fall Far Short of Musk’s $2 Trillion Promise
The Trump administration plans to ask Congress for $9.4 billion in spending cuts next week, a fraction of the $2 trillion billionaire Elon Musk originally promised to slash from the federal budget through his Department of Government Efficiency. The modest request represents less than 0.5% of Musk’s initial target. To meet a $1 trillion annual […]
Ayr Wellness Undertakes Strategic Review To Deal With Debt
AYR Wellness (CSE: AYR.A) appears to be the next multi-state cannabis operator that is circulating a bankruptcy filing. The company this morning indicated it will be delaying its first quarter financial results, and anticipates a cease trade order being issued on the equity. To make matters worse, a strategic review has been undertaken in connection […]
Carney Tables Half-Trillion-Dollar Plan With Revenue Questions Unanswered
Mark Carney’s government tabled its 2025–26 main estimates, unveiling a $486 billion spending plan that mirrors the Trudeau administration’s final-year outlay but offers scant detail on funding sources or priority allocations. Though the headline figure matches the $486 billion approved in the 2024–25 supplementary estimates, the main estimates omit roughly $24 billion in election commitments […]
Carney’s Two-Year Fast-Track Push For Major Projects Is Coming
Mark Carney will next week unveil legislation to guarantee two-year approvals for major nation-building projects—ranging from ports and pipelines to critical mineral mines and trade corridors—marking Ottawa’s boldest attempt since WWII to overhaul Canada’s regulatory regime. The proposed “One Canadian Economy” framework promises upfront regulatory sign-offs and a single “conditions document” in lieu of multiple […]
Canopy Growth Sees Q4 2025 Revenue Drop 11%, Net Loss Widen
Canopy Growth Corporation (TSX: WEED) reported a mixed Q4 2025 financial performance. Quarterly net revenue fell 11% year-over-year to $65.0 million, driven by softer international and Storz & Bickel device sales, while full-year revenues declined 9% to $269.0 million. Within Canada, medical cannabis net revenue climbed 13% to $20.0 million while adult-use cannabis dipped 3% […]
CIBC Q2 2025 Profit Slides 8% QoQ as Credit Losses Jump to $605M
CIBC (TSX: CM) reported its Q2 2025, with a revenue jump of 14% YoY to $7.0 billion but fell 4% from the previous quarter, while reported net income rose 15% to $2.0 billion yet slid 8% sequentially. Net interest margin ticked up to 1.54%, helped by loan-pricing discipline, but the benefit was largely absorbed by a […]
ESGold Begins Concentration Tests Ahead Of First Production
ESGold Corp (CSE: ESAU) is said to be in the process of final concentration tests at their flagship Montauban gold-silver project in Quebec, which comes in advance of production that is expected to commence later this year.
Goldshore Repurchases 1% NSR On Moss Gold Project For $7.5 Million
Goldshore Resources (TSXV: GSHR) is evidently gearing up for the future development of their Moss Gold project, announcing this morning that they have repurchased an outstanding net smelter return royalty from Wesdome Gold (TSX: WDO). The transaction has seen Goldshore repurchase a 1% NSR royalty on Moss Gold for total consideration of $7.5 million. Consideration […]
Toronto Area Home Sales Plunge 72% to Historic Lows
Home sales in the Greater Toronto Area have collapsed to historic lows, with new home purchases dropping 72% in April as economic uncertainty and affordability challenges grip Canada’s largest housing market. Just 310 new homes sold across the GTA in April 2025, down from 1,127 a year earlier, according to data from the Building Industry […]