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 […]
Does Canada Want In On Trump’s Golden Dome?
President Donald Trump says Canada has requested to join his $175 billion “Golden Dome” missile defense shield, but Canadian officials describe more measured discussions around continental defense cooperation. “Canada has called us and they want to be a part of it,” Trump said Tuesday during his Oval Office announcement of the ambitious missile defense system. […]
Australia Passes Unrealised Gains Tax, But Politicians Stay Exempt
Australia will impose a 15% tax on unrealised gains in superannuation accounts above a $3 million threshold from July 1, 2025. Framed as the Treasury Laws Amendment (Better Targeted Superannuation Concessions) Bill 2023, the change doubles the tax on earnings in excess of $3 million—raising it from 15% to 30%—and is projected to raise A$2.3 […]
In Rare Show of Unity, Senate Unanimously Approves ‘No Tax on Tips Act’
The Senate unanimously approved legislation Tuesday that would exempt tips from federal income tax, advancing a key campaign promise of President Donald Trump in a rare display of bipartisan cooperation. The “No Tax on Tips Act” would create a tax deduction of up to $25,000 annually for workers in traditionally tipped occupations. The bill now […]
Japan Stands Firm on US Tariff Removal as Economy Feels Pinch
Japan is holding firm in demanding the complete removal of US tariffs as the two economic giants face a July deadline for negotiations, with early signs of economic damage already appearing. “There’s no change to our stance of seeking a review, which is to say an elimination, of them,” Japan’s Economic Revitalization Minister Ryosei Akazawa […]
BREAKING: Bell Faces Massive Internet Outage Across Ontario And Quebec
A massive Bell (TSX: BCE) internet outage is currently occurring across all of Ontario right now, with thousands of reports flowing in to Down Detector reporting the event. The issue appears to be widespread, with the company even experiencing their support line being offline as a result of the outage. Bell has only made a […]
Amex Exploration Expands Perron Resource Estimate, Champagne Zone Grows To 831,000 Ounces M&I At 16.2 g/t Gold
Amex Exploration (TSX: AMX) has expanded its resource at the flagship Perron project in Quebec, pushing combined resources beyond the two million gold ounces mark. The new resource estimate is said to include an additional 46,355 metres of new drilling data, in combination with 562,137 metres of previously included drill data and tighter wireframe modelling […]
NGEx Minerals Encounters Copper-Gold Porphyry System At Lunahuasi
NGEx Minerals (TSX: NGEX) is reporting that a major discovery has been made at its Lunahuasi copper-gold-silver project in San Juan, Argentina. The discovery, which amounts to a copper-gold porphyry system, was made following drill testing. The discovery is based on a single drill hole, which is said to have encountered a system similar in […]
Musk: Tesla-xAI Merger ‘Not Out of the Question’
Elon Musk said Tuesday he isn’t ruling out merging his artificial intelligence startup xAI with Tesla (Nasdaq: TSLA), though such a move would require shareholder approval. “Well, I guess anything is possible,” Musk told CNBC host David Faber when asked about combining xAI with the electric vehicle maker. “There are no plans to do so. […]
DOE Clears Path for LNG Export Expansion Under Trump Energy Policy
The US Department of Energy on Monday finalized its 2024 LNG Export Study, removing regulatory barriers to expanded liquefied natural gas exports that had been implemented by the previous administration. The study, which drew public comments through March, concludes that American LNG exports strengthen the economy, boost jobs, and enhance global energy security without significant […]