Canada Pension Eyes Investment in Carney’s “Nation-Building”, Drops Net-Zero Commitment
Canada Pension Plan Investment Board chief executive John Graham says Prime Minister Mark Carney’s push for large-scale, nation-building projects offers “pretty interesting domestic investment opportunities.” Graham emphasized the fund’s appetite to grow its Canadian assets in line with Carney’s election platform targeting internal trade barriers and resilient infrastructure. Carney, who won last month’s federal election […]
Riverside Resources Spins Out Blue Jay Gold Corp
Riverside Resources (TSXV: RRI) has completed the spin-out of Blue Jay Gold Corp, effective as of this morning. The new company is expected to apply to list its shares on the TSX Venture.
West Red Lake Restarts The Madsen Mine
The Madsen Mine in Ontario has officially restarted. West Red Lake Gold Mines (TSXV: WRLG) this morning declared that following a meeting of the board, the board has approved a recommendation to restart the mine immediately. While plans had called for the mine to be restarted at the midpoint of 2025, the official restart has […]
Canadian Copper Outlines $171 Million NPV, 36% IRR In PEA For Murray Brook And Caribou Complex
Canadian Copper (CSE: CCI) has delivered a much-anticipated preliminary economic assessment. The PEA focuses on what the company calls a “combined strategy,” assessing the economics of mining their Murray Brook Deposit at the Caribou Process Plant, the rights to which the company recently obtained.
Port Cargo Plunges 35% as Trump Tariffs Hit Los Angeles
Cargo volumes at the Port of Los Angeles have plummeted 35% as President Donald Trump’s tariffs on Chinese goods severely disrupt trans-Pacific commerce, port officials said Wednesday. The nation’s busiest container port is experiencing its steepest decline since the Great Recession, with more than half of container ship berths now sitting empty. The neighboring Port […]
Hamas Praises Canada’s Gaza Ultimatum Call on Israel
Canada’s joint statement with the UK and France on Israel has drawn praise from Hamas and scathing rebukes from Israeli and Jewish organizations, with the group describing the move as “a significant step in the right direction.” Hamas lauded the call on Israel to “halt military action in Gaza and resume humanitarian aid” and urging […]
Elemental Altus Royalties Reports 179% Revenue Jump, 259% EBITDA Spike In Q1 2025
Elemental Altus Royalties (TSXV: ELE) posted a turnaround in Q1 2025 fueled by a 179% increase in adjusted revenue and a 259% spike in adjusted EBITDA, with CEO Frederick Bell referring to it as “a standout first quarter.” Total revenue jumped to $11.64 million, more than tripling the $3.33 million posted in Q1 2024. Adjusted […]
The Fall of Builder.ai: Microsoft-backed Unicorn Files for Bankruptcy
Microsoft-backed AI startup Builder.ai is entering insolvency proceedings after a major creditor seized most of its cash, the company announced Tuesday. The London-based firm, once valued at over $1 billion, marketed itself with the tagline of making software development “as easy as ordering pizza” but now faces bankruptcy in all five countries where it operates. […]
Canadian Battery Recycler Li-Cycle Files for Bankruptcy Protection
Li-Cycle Holdings Corp., a Toronto-based lithium-ion battery recycler once valued at over $2 billion, filed for bankruptcy protection last week after months of mounting financial difficulties. The company sought protection under Canada’s Companies’ Creditors Arrangement Act on May 14 and simultaneously filed for Chapter 15 bankruptcy in US court, according to documents from the Ontario […]
Toronto’s 2027 Condo Time Bomb: Financial Ruin for Pre-Construction Buyers | Mark Morris
Mark Morris from Legal Closing sits with SmallCapSteve to provide an insider’s perspective on the current state of Canadian real estate, focusing on Toronto’s dynamic condo market. Morris offers a unique, ground-level view of market trends, going beyond the typical narratives presented by mortgage brokers and real estate agents. The interview delves into the power […]