Central Banks Buy 19 Tonnes of Gold in December, Cap Year at 328 Tonnes
Central banks bought 19 tonnes of gold in December 2025, closing out a year of sustained purchases despite record-high prices, according to data released by the World Gold Council. The Central Bank of Uzbekistan led December purchases with 10 tonnes, followed by Kazakhstan’s central bank with 8 tonnes and Poland’s with 7 tonnes. The Kyrgyz […]
Glencore Suspends $1B Investment Citing Quebec Regulatory Concerns
Glencore froze nearly $1 billion in planned investment at the Horne Smelter, saying regulatory conditions in Quebec are not sufficiently in place to justify emissions-reduction and upgrade capex at Canada’s largest copper metal-producing operation. The suspension is immediate and paired with a demobilization plan at Rouyn-Noranda, with Glencore warning that without the planned projects it […]
Ray Dalio: World Teeters On The Brink Of Capital War
Legendary investor Ray Dalio issued a stark warning to global markets on Tuesday, cautioning that escalating geopolitical tensions have pushed the world to the edge of a new type of financial conflict. Speaking at the World Governments Summit in Dubai, the Bridgewater Associates founder stated that nations are now “on the brink” of a capital […]
Liberals Lead by 15 Points in New Poll
A Mainstreet Research poll released Monday shows Prime Minister Mark Carney’s Liberals holding a 15-point lead over the Conservatives, though the survey’s demographic composition has drawn scrutiny from polling observers. The poll of 1,276 Canadian adults conducted from January 31 to February 2 found 51% of decided and leaning voters support the Carney-led Liberals, compared […]
Canadian Ports Rank Among World’s Least Efficient, Costing Billions in Investment
Major Canadian ports rank near the bottom of global efficiency rankings, with Vancouver placing 389th out of 403 container ports worldwide, according to the World Bank’s Container Port Performance Index released in September. The Port of Prince Rupert ranked 362nd globally, while Montreal placed 344th. Major US West Coast ports, including Seattle, Long Beach, and […]
Canada to Recover Hundreds of Millions from Stellantis Over Plant Closure
Canada will seek to recover hundreds of millions of dollars from Stellantis (NYSE: STLA) after the automaker moved Jeep Compass production from Ontario to Illinois, Industry Minister Mélanie Joly announced Tuesday. The government provided over $1 billion to Stellantis earlier this decade to reconfigure its Brampton, Ontario plant and maintain production in Canada. Stellantis canceled […]
Market Movers: PTX Metals Rises As Much As 63% On The Week As Uranium Subsidiary Go-Public Progresses
PTX Metals (TSXV: PTX) is one of the big market movers this week, with the equity rising from a low of $0.15 per share on Monday to a high of $0.245 this morning, marking a combined move of up to 63% on the week. In nominal terms, trade volume has exceeded $1.7 million as the equity pushes higher.
US Fighter Jet Shoots Down Iranian Drone Near Aircraft Carrier in Arabian Sea
A US Navy fighter jet destroyed an Iranian drone Tuesday after the unmanned aircraft flew toward the aircraft carrier USS Abraham Lincoln in the Arabian Sea, according to US Central Command. An F-35C pilot launched from the Lincoln shot down the approaching Shahed-139 drone in self-defense, Central Command spokesperson Captain Tim Hawkins said. The Iranian […]
Aurora Cannabis Swings To A Loss In Q3 2026 On Record Medical Revenue
Aurora Cannabis (TSX: ACB) swung to a small loss despite higher revenue in fiscal Q3 2026, as record medical sales and steady margins were offset by gross profit pressure and higher operating costs. Total net revenue was $94.2 million, up 7% YoY from $88.2 million and up 4% QoQ from $90.4 million, driven mainly by […]
Suncor Energy Sees Earnings Decline In Q4 2025 Despite Record Production
Suncor Energy (TSX: SU) delivered record Q4 2025 production and throughput while converting $3.22 billion of adjusted funds from operations into $1.70 billion of free funds flow and $1.49 billion of shareholder returns, even as several non-GAAP earnings and cash metrics declined from both Q3 2025 and Q4 2024. GAAP net earnings were $1.48 billion […]