Canada Creates First-Ever AI Ministry, Names Former Journalist to Lead It
Former journalist Evan Solomon has been appointed as Canada’s first Minister of Artificial Intelligence and Digital Innovation. Prime Minister Mark Carney shuffled his cabinet Tuesday, creating the new ministerial position to signal AI as a national priority. His appointment, like many in Carney’s new cabinet was met with criticism, primarily due to a lack of […]
Carney’s New Cabinet Leaves Veteran Minister Wilkinson on Sidelines
Prime Minister Mark Carney’s newly formed government will move forward without Jonathan Wilkinson, ending the North Vancouver MP’s seven-year stretch in Canada’s federal cabinet. Wilkinson, who previously managed three key portfolios including Energy and Natural Resources, was not among the 28 officials sworn in during Tuesday’s ceremony at Rideau Hall. “I deeply love this country,” […]
Coinbase Refuses To Pay $20M Ransom For Leaked Data
Coinbase’s (NASDAQ: COIN) refusal to pay a $20 million bitcoin ransom has laid bare systemic vulnerabilities in its reliance on overseas contractors and a years-long pattern of social engineering scams draining millions from users. CEO Brian Armstrong revealed that cybercriminals bribed customer support agents to steal sensitive data from 6,000 users—including government IDs, Social Security numbers, […]
‘We’re Going to Have a Real Problem’: Critics Warn About New Housing Minister
Gregor Robertson, Canada’s newly appointed housing minister, brings a decade of municipal experience and controversy to his federal role as the nation grapples with an escalating housing crisis. Prime Minister Mark Carney named Robertson to his cabinet Tuesday following the April federal election. The former Vancouver mayor, who served from 2008-2018 and recently won the […]
“No Budget”: Carney Won’t Table A Budget This Year
The Liberal government of Prime Minister Mark Carney will not table a federal budget this year, Finance Minister François-Philippe Champagne confirmed Wednesday, opting instead for a fall economic statement—a move opposition leaders and economists warn undermines Ottawa’s fiscal credibility amid mounting economic uncertainty. The decision marks the first time since 2020, at the height of […]
G Mining Sees Decline In Q1 2025 Revenue, Production, Cash Flow
G Mining Ventures (TSX: GMIN) posted a mixed first quarter of 2025, with revenue for the quarter totaling $98.0 million, a 4.1% decline from $102.3 million in Q4 2024. This came despite a 8% quarter-over-quarter increase in realized gold prices to $2,766 per ounce, highlighting the impact of lower sales volume. Gold sold dropped 11.3% […]
Canadian Housing Starts Surge 30% in April, Driven by Gains in Quebec and Prairies
Canadian housing starts posted a record-setting surge in April, with new data from Canada Mortgage and Housing Corporation showing a 30 percent increase from the previous month. The seasonally adjusted annual rate of housing starts reached 278,606 units, surpassing economists’ expectations and marking the highest actual April total on record. The six-month trend measure, which […]
Vizsla Silver Enters Option Agreement To Acquire Santa Fe Project With Small Scale Operating Mine
Vizsla Silver (TSX: VZLA) is expanding its land holdings within Mexico, announcing this morning that is has optioned the Santa Fe project. The project is said to include both production and exploration concessions, and contains a fully permitted flotation plant currently producing silver and gold. The arrangement will see 12,229 hectares of claim acquired that […]
Snowline Gold Increases Resource Estimate To 8.8 Million Ounces At Valley
Snowline Gold (TSXV: SGD) has updated its mineral resource estimate for the Valley Gold deposit, which forms part of the larger Rogue project in the Yukon. The updated estimate has seen significant resources converted from the inferred mineral resource category to the measured and indicated category based on the initial resource published in July 2024. […]
NY Fed: Student Loan Crisis Emerges as Delinquencies Jump
Student loan delinquencies have spiked sharply in early 2025 after a five-year pandemic-related reporting pause ended, according to new Federal Reserve Bank of New York data released Tuesday. Nearly 8% of total student debt was reported as 90 days or more past due in the first quarter of 2025, dramatically higher than the less than […]