Trump Bans China from Owning US Farmland
The Trump administration announced Tuesday it will ban Chinese entities from purchasing US farmland and force existing owners to sell their holdings, citing national security threats to America’s food supply. Agriculture Secretary Brooke Rollins said the administration will use executive action and work with Congress to implement the ban on sales to China and other […]
Gold ETFs See Record Inflows as Investors Seek Safe Haven
Gold exchange-traded funds attracted $3 billion globally in the first half of 2025, marking their strongest performance in five years as investors sought refuge from geopolitical tensions and economic uncertainty. The influx represents a sharp turnaround from previous outflows, pushing total assets under management to a record $383 billion by June’s end — a 41% […]
Rogers Hikes Sportsnet+ Prices Up to 30%, Sparking Fan Backlash
Canadian sports broadcaster Rogers notified subscribers Thursday of steep price increases for Sportsnet+ streaming plans, with some packages rising 30% effective this September. The announcement triggered angry reactions from fans across social media platforms. The premium annual package will jump from $249.99 to $324.99, while the standard package increases from $199.99 to $249.99. Monthly subscribers […]
Bitcoin Blasts Past $118K-Mark, Leaving Nvidia and the S&P 500 in Its Dust
Bitcoin smashed another record Friday, punching through $118,000 during Asian trading and settling near $117,800 by midday in New York. The intraday peak—about $118,755—is regarded as bitcoin’s highest price ever recorded. The benchmark cryptocurrency now sits 27% higher year-to-date—triple the S&P 500’s 7% climb and ahead of Nvidia, whose stock is up 22% after briefly […]
RCMP Ordered to Find $98M in Budget Cuts, Leaked Email Reveals
Canada’s national police force has been ordered to slash $98 million annually from its budget, according to an internal email that was reportedly leaked this week as the Carney government pushes to cut costs. Juno News reported Friday that it obtained the leaked email from a whistleblower, which informed RCMP members Wednesday that the federal […]
Trump Tariffs Hits Ottawa With 35% Levy on Canadian Imports
President Donald Trump has warned that all Canadian goods not shielded by the USMCA will face a 35% tariff starting August 1. In the now-infamous tariff letter, Trump tied the penalty to what he called Canada’s “failure to stop the flow of fentanyl” and “extraordinary tariff” on US dairy and other products “up to 400%”, […]
Brazil’s Lula: ‘We Can Survive Without the US’ After Trump Tariff Threat
Brazilian President Luiz Inácio Lula da Silva responded forcefully Thursday to US President Donald Trump’s threat of 50% tariffs on Brazilian goods, vowing reciprocal measures and declaring that Brazil “can survive without trade with the United States.” The escalating trade dispute marks the first major pushback Trump has faced from a large economy since resuming […]
Mortgage Delinquencies in Toronto Hit 12-Year High as Rate Triples to 0.22%
Mortgage delinquencies in the Greater Toronto Area have tripled to their highest level in over a decade, reaching approximately 0.22% in early 2025 as homeowners struggle with rising interest rates and soaring living costs. The delinquency rate has tripled from pandemic-era lows and now exceeds levels last seen in 2014, according to Equifax Canada data […]
Could Coinbase-Perplexity Tie-Up Redefine Real-Time Crypto Insight?
Coinbase Global (NASDAQ: COIN) has signed a two-phase agreement with Perplexity AI to stream the exchange’s real-time market feed into the startup’s conversational search engine. The move aims to compress the gap between raw pricing data and an intelligible trading narrative, putting explainable crypto intelligence a single query away. “The partnership is designed to help […]
Carney Orders Biggest Federal Budget Cut Yet, Aiming For $25B In Savings
Prime Minister Mark Carney’s government has ordered the biggest fiscal retrenchment since the 1990s, telling every department—except Defence, the RCMP, and Border Services—to carve out long-term savings that will rise to 15% of operating budgets by fiscal year 2028-29. Cabinet letters set interim targets of 7.5% in 2026-27 and 10% in 2027-28, with the aim […]