National Bank Sees Credit Loss Provision Triple in Q2 2025 as CWB Acquisition Bites
National Bank of Canada (TSX: NA) reported Q2 2025 financials, with quarterly net income of $896 million, a 1% decline from $906 million a year earlier, as the Canadian Western Bank acquisition and loan-loss provisions tied to it weighed on the bottom line. Total revenues climbed 33% to $3.65 billion, fueled by higher net interest income and the addition […]
Canadian Debt Delinquencies Reach Highest Levels Since 2009 Financial Crisis
Canadian consumer debt delinquencies have surged to their highest levels since the 2009 financial crisis, with more than 1.4 million people missing at least one credit payment in the first quarter, according to data released by Equifax Canada on Tuesday. Non-mortgage delinquency rates jumped 19% year-over-year to 1.43% nationally, even as average debt levels rose […]
Guanajuato Silver Q1 2025: Record Revenue Overshadowed By EBITDA Plunge
Guanajuato Silver (TSXV: GSVR) reported a mixed Q1 2025, with revenue hitting an all-time high of $21.33 million, up 12% QoQ and 20% year-on-year YoY, propelled by a realized silver price of US$31.88 per ounce and gold at US$2,842.80 per ounce. Cost of sales rose just 1% QoQ to $16.48 million, allowing mine operating income to jump […]
BMO’s Credit Losses Surge 50% to Over $1B in Q2 2025
BMO Financial Group (TSX: BMO) reported Q2 2025 net income of $1.96 billion (or $2.50 earnings per share), up 5.1% from $1.87 billion (or $2.36 earnings per share) in Q2 2024 but down 8.2% from $2.14 billion in Q1 2025, as sharply higher credit provisions weighed on results. Revenue rose to $8.68 billion, an 8.8% […]
Dolly Varden Commences 35,000 Metre Drill Program At Kitsault Valley
Dolly Varden Silver (TSXV: DV) has officially begun their 2025 exploration program at their wholly owned Kitsault Valley Project within the Golden Triangle of BC. The company is aiming to drill test 35,000 metres under the current program. A total of four drill rigs are now in operation at Kitsault Valley, two of which began […]
Goliath Resources Launches 91 Hole, 40,000 Metre Drill Program At Surebet
Goliath Resources (TSXV: GOT) has begun mobilization for what will be the largest drill program in its history. The program has been designed to focus entirely on the Surebet high-grade gold discovery to follow up on the successful program conducted in 2024.
New Found Gold Spikes In After Hours Trading After Announcing $69 Million In New Funding
Despite a disappointing mineral resource estimate that was announced earlier this year for the Queensway project, New Found Gold Corp (TSXV: NFG) has managed to secure additional funding to continue to move the project forward. The equity last night announced that it will be conducting a bought deal financing to raise gross process of $49 […]
NDP Fights for Relevance After Historic Electoral Collapse
Canada’s New Democratic Party lost official party status Monday after winning just seven seats in last month’s federal election, the worst result in the party’s history, but interim leader Don Davies said the party will still play an important role in Parliament. Government House leader Steven MacKinnon said the NDP will not be granted official […]
We’re At The Start of a Great Silver Boom | Ross McElroy & Andy Bowering – Apollo Silver Corp
This interview features Apollo Silver Corp. (TSXV: APGO) Chairman Andy Bowering alongside newly appointed CEO Ross McElroy, a legendary figure transitioning from the uranium sector to spearhead Apollo’s ambitious silver strategy. McElroy reveals the compelling factors that drew him to Apollo Silver and discusses how his extensive mining expertise is being leveraged to transform the […]
Judge Finalizes Historic $500M Loblaw Bread Price-Fixing Settlement
A Canadian judge has finalized a landmark $500 million settlement that resolves allegations against Loblaw Companies Ltd. (TSX: L) and George Weston Ltd. (TSX: WN) over bread price-fixing. Ontario Superior Court Judge Ed Morgan approved the agreement May 7, describing the terms as representing class members’ best interests and calling the outcome “excellent” and “fair.” […]