Ottawa-New Brunswick Sign “One Project, One Review”

Canada and New Brunswick have signed a co-operation agreement designed to deliver “one project, one review” for major projects that trigger both federal and provincial assessments. The agreement was announced in Fredericton by internal trade minister Dominic LeBlanc, New Brunswick Premier Susan Holt, and provincial environment minister Gilles LePage, with LeBlanc attending on behalf of […]

Canadian Federal Government to Notify Public Servants of Job Cuts in January

Multiple federal departments will begin informing employees in January whether their positions face elimination as Canada’s government implements a sweeping workforce reduction plan announced in its 2025 budget. The government plans to eliminate 28,000 positions and achieve $60 billion in savings by 2029 under its Comprehensive Expenditure Review. Officials aim to reduce total federal employment […]

Gasoline Demand Hits Record 28M Barrels Daily as EV Transition Slows

Global gasoline consumption reached approximately 28 million barrels per day in 2025, surpassing the International Energy Agency’s prediction that demand peaked in 2019, according to S&P Global Commodity Insights. The resilience comes as major economies roll back policies designed to accelerate the transition to cleaner vehicles. The United States and European Union announced significant regulatory […]

Canadian Home Prices Fall 20% From Peak in Steepest Decline Since 1990s

Canadian home prices posted their steepest decline in more than two decades, falling 20% from their March 2022 peak as elevated borrowing costs and economic uncertainty continue to weigh on the market. The national benchmark home price stood at $679,600 in November 2025, down 3.7% from a year earlier, according to the Canadian Real Estate […]

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Ottawa-Ontario to Finalize Major Projects Deal to Accelerate Ring of Fire

Ontario and the federal government are finalizing a major-projects deal designed to cut review duplication, with a side letter that accelerates federal timelines for parts of Ontario’s proposed Ring of Fire road to as early as June 2026. The draft agreement, unveiled last month, mirrors Ottawa’s accords with Manitoba, Prince Edward Island, and BC’s earlier […]

Trump Wants “Oil Rights Back” From Venezuela As Navy Blockades Loom

Trump’s Venezuela posture is being operationalized through oil-centric demands and maritime pressure, while Venezuela has begun naval escorts for outbound cargoes and the US House rejected a War Powers check by a two-vote margin. In his remarks, Trump said Venezuela was “getting land, oil rights, whatever we had,” adding, “They took our oil rights… They […]

Canada Nickel Reports Initial Resource Estimates For Midlothian, Bannockburn Properties

Canada Nickel Company (TSXV: CNC) continues to work on the development of its regional properties, with the company this morning releasing initial resource estimates at two of its projects. At Midlothian, Canada Nickel has reported that the project contains 595 million tonnes of inferred resources at 0.28% nickel, representing 1.68 million tonnes of contained nickel. […]

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Indonesia Plans Major Nickel Production Cut to Stabilize Prices

Indonesia plans to slash nickel production by a third next year as the world’s dominant supplier seeks to halt a two-year price decline that has shuttered mines globally. The Southeast Asian nation will reduce its mining quota to 250 million tonnes in 2026, down 34% from current levels, according to the Indonesian Nickel Miners Association. […]