Britain Prepares Nuclear Power Push as Aging Plants Near Closure
The British government is preparing major nuclear power announcements ahead of its June 11 spending review, ending years of delays as most nuclear plants are scheduled to close by 2030. Britain’s nuclear capacity crisis has forced government action, with Whitehall and industry insiders saying the Treasury has “run out of road for delaying nuclear decisions.” […]
Carney Government Tables Bill To Automatically Grant Citizenship To Foreign Descents
The Carney government has tabled Bill C-3, a verbatim re-submission of last session’s failed Bill C-71, to let Canadians born abroad automatically pass citizenship to their own foreign-born children—repealing the 2009 first-generation limit imposed by the Harper government. The draft law, introduced by Immigration Minister Lena Metlege Diab, would retroactively restore status to anyone shut […]
Lululemon Shares Crash On Dismal Earnings Guidance Cut
Lululemon Athletica (NASDAQ: LULU) delivered Q1 2025 financial results that edged past Wall Street forecasts. Net revenue climbed 7% YoY to $2.37 billion, widening modestly from the prior quarter’s holiday-boosted $3.21 billion and inched ahead the $2.36 billion the analysts expected. Gross profit also rose 8% to $1.38 billion, lifting gross margin 60 basis points […]
Franco-Nevada: The Cote Gold Mine Royalty Purchase
Another major royalty transaction took place last week, which follows Solaris securing funding for their Warintza mine. But this latest transaction is a bit different. Rather than a new royalty or stream being issued on a project, Franco Nevada (TSX: FNV) has paid up big for an existing royalty, and then leveraged their size to […]
Silvercorp Q4 Earnings: Cash Flow Cranked Up
We took a bit of a break on our earnings coverage this week, but after a brief reprieve the last few days, we’re back on the earnings train and looking to get caught up. The next name on our to-do list has broken from industry standards a bit, with their fiscal year ending on March […]
TRX Gold Buckreef PEA: Mining Metals, Not Investors
Amid our earnings coverage in recent weeks, we missed a preliminary economic assessment that was released by a small gold producer operating a mine in Tanzania. Truthfully, we only caught it just now because of the announcement of the filing of the technical report. This PEA is a bit different than others that have been […]
Steve Bannon Urges Trump: Deport Musk, Seize SpaceX
Steve Bannon, the former White House chief strategist now hosting the “War Room” podcast, has vaulted the Trump-Musk confrontation into outright nativist territory, demanding that Donald Trump invoke the Defense Production Act to take control of SpaceX and launch deportation proceedings against its founder, Elon Musk. “Sign an executive order … and seize SpaceX tonight, […]
Windsor, Oshawa Lead Spike in Joblessness as National Rate Hits Nine-Year Peak
Canada’s seasonally adjusted unemployment rate rose to 7.0% in May 2025, marking the highest level outside the COVID-19 era since September 2016. Statistics Canada reported that 1.6 million Canadians are now without work—a year over year increase of nearly 14%—underscoring that “people are facing greater difficulties finding work in the current labour market.” While the […]
Trump Administration Wants The US To Be ‘The Leader In Nuclear Energy’
The Trump administration has set a goal to expand America’s nuclear energy capacity from 100 gigawatts to 400 gigawatts by 2050, a quadrupling that would require building hundreds of new reactors over the next 25 years. The ambitious target was detailed in four executive orders signed by President Donald Trump on May 23, focused on […]
P&G to Slash 7,000 Office Jobs in Two-Year Bid to Offset Tariffs
Procter & Gamble (NYSE: PG) will eliminate up to 7,000 office jobs—about 15% of its non-manufacturing headcount—over the next two years, the company disclosed at Deutsche Bank’s Global Consumer Conference. The restructuring, aimed at “improving productivity,” will cost an estimated $1 billion to $1.6 billion but the management did not specify which hubs will be […]