Honda Denies Report on Plans to Shift Canadian Production to the US
Honda Motor‘s Canadian unit has denied a report by Japanese business daily Nikkei that the automaker plans to relocate production from its Canadian plants to the United States in response to tariff pressures. Nikkei reported on Tuesday that Honda was working on plans to shift production from Mexico and Canada to the United States after […]
Canadian Leaders’ Debate Was Rescheduled Because It Clashed with A Hockey Game
The French-language federal leaders’ debate scheduled for Wednesday will take place two hours earlier to avoid conflicting with a Montreal Canadiens hockey game, organizers announced Tuesday. CBC/Radio-Canada moved the debate to 6 p.m. instead of 8 p.m., allowing viewers to watch both the political forum and the Canadiens’ game against Carolina starting at 7 p.m. […]
Trump Announces $28B Subsidy For Farmers Affected By His Tariffs
Amidst the escalation of trade war jumpstarted by his tariffs, President Donald Trump has announced a massive $28 billion package in subsidies aimed at supporting American farmers caught in the crossfire. “Our farmers are GREAT, but because of their GREATNESS, they are always put on the front line,” Trump wrote on Truth Social, defending the […]
China Hits Back: Halts $40B Boeing Order, Restricts US Tech Firms
China has launched a sweeping and strategic retaliation against the US in response to long-standing Trump-era tariffs, with measures ranging from harsh new tariffs on US goods to targeted strikes against key American industries—including aviation, tech, and entertainment. The most financially devastating move came with China’s abrupt cancellation of all pending Boeing (NYSE: BA) jet […]
Bank of Canada Maintains Rates At 2.75%, Citing Unpredictable US Trade Policies
The Bank of Canada has decided to hold its benchmark interest rate steady at 2.75%, marking a pause after seven consecutive rate cuts since June 2024. The central bank cited heightened uncertainty stemming from unpredictable U.S. trade policies and tariffs, which have significantly impacted economic outlooks domestically and globally. Amid ongoing trade tensions, the bank […]
Is US Housing Heading For A Crash As FHA Ends Pandemic-Era Protections?
The US housing market may be shifting once again as federal agencies phase out pandemic-era protections that have propped up millions of distressed homeowners. With the expiration of key Federal Housing Administration loss mitigation programs now confirmed, concerns are rising about the long-term stability of the market—and whether a crash may be on the horizon. […]
ESGold Closes On $3.5 Million In Support Of Development Of Montauban Project
ESGold Corp (CSE: ESAU) has secured further funding for the further development of Montauban Gold-Silver project in Quebec. The company this morning indicated it has successfully closed on gross proceeds of $3.5 million, following the completion of a non-brokered private placement.
Aya Gold & Silver Sells Off Moroccan Gold Project For 42% Stake In Private Issuer
Aya Gold & SIlver (TSX: AYA) has completed the sale of its Amizmiz Gold Project in Morocco. The transaction, conducted with private issuer Mx2 Mining, has seen Aya become the largest shareholder of the issuer, while appointing two executives to Mx2’s board of directors. The sale of Amizmiz dates back to an announcement made in […]
Rua Gold Hits 13.3 g/t Gold, 8.1% Antimony Over 1.25 Metres At Auld Creek
Rua Gold (TSXV: RUA) has intersected high grade gold mineralization at depth in ongoing drilling at the Auld Creek project, which is part of its larger Reefton Goldfield in New Zealand.
US Blocks Nvidia Exports to China Under Latest Retaliation
Nvidia (NASDAQ: NVDA) is caught in the middle of the US-China trade war after Washington has imposed new export restrictions on the tech giant. In the company’s SEC filing, it indicated that the US government informed Nvidia that a license will now be required to export its H20 integrated circuits to China, including Hong Kong […]