‘I Think I’ve Done Enough’: Musk To Cut Political Spending After Record Year
Elon Musk said Tuesday he will significantly reduce his political spending after becoming the largest political donor in the 2024 election cycle with contributions totaling at least $288 million to help elect President Donald Trump and other Republican candidates. “In terms of political spending, I’m going to do a lot less in the future,” Musk […]
Justin Sun, Top Trump Token Holder, Gets Break in SEC Case
A Chinese cryptocurrency entrepreneur who invested $75 million in President Donald Trump’s digital asset ventures while facing federal fraud charges has received a significant break from securities regulators, prompting accusations of pay-to-play politics from Democratic lawmakers and ethics watchdogs. Justin Sun, 34, founder of the Tron blockchain platform, saw his Securities and Exchange Commission case […]
Make Canada (A) Great Automaker?
With US trade tensions chipping away at auto sector production and investment in Ontario, Flavio Volpe, president of the Automotive Parts Manufacturers’ Association, argues that Ottawa should seriously explore the creation of a homegrown carmaker. He frames the current uncertainty not as a liability but as a rare opportunity to shed the “lack of national […]
Why Trump’s Latest ‘Public Offering’ Pitch for Fannie and Freddie Is All Smoke and Mirrors
President Donald Trump’s recent post proclaiming he’s “giving very serious consideration to bringing Fannie Mae and Freddie Mac public” conflates their modest over-the-counter listings with a full privatization push. “Fannie Mae and Freddie Mac are doing very well, throwing off a lot of CASH, and the time would seem to be right,” he wrote, promising […]
TD Bank’s Restructuring Loss Overshadows Earnings Beat In Q2 2025
TD Bank Group (TSX: TD) reported a staggering 334% year-over-year increase in reported Q2 2025 net income to $11.13 billion, primarily driven by an $8.57 billion after-tax gain from the sale of its remaining stake in Charles Schwab. However, stripped of this one-time windfall, adjusted net income fell 4% to $3.63 billion from $3.79 billion […]
Canada Pension Eyes Investment in Carney’s “Nation-Building”, Drops Net-Zero Commitment
Canada Pension Plan Investment Board chief executive John Graham says Prime Minister Mark Carney’s push for large-scale, nation-building projects offers “pretty interesting domestic investment opportunities.” Graham emphasized the fund’s appetite to grow its Canadian assets in line with Carney’s election platform targeting internal trade barriers and resilient infrastructure. Carney, who won last month’s federal election […]
Riverside Resources Spins Out Blue Jay Gold Corp
Riverside Resources (TSXV: RRI) has completed the spin-out of Blue Jay Gold Corp, effective as of this morning. The new company is expected to apply to list its shares on the TSX Venture.
West Red Lake Restarts The Madsen Mine
The Madsen Mine in Ontario has officially restarted. West Red Lake Gold Mines (TSXV: WRLG) this morning declared that following a meeting of the board, the board has approved a recommendation to restart the mine immediately. While plans had called for the mine to be restarted at the midpoint of 2025, the official restart has […]
Canadian Copper Outlines $171 Million NPV, 36% IRR In PEA For Murray Brook And Caribou Complex
Canadian Copper (CSE: CCI) has delivered a much-anticipated preliminary economic assessment. The PEA focuses on what the company calls a “combined strategy,” assessing the economics of mining their Murray Brook Deposit at the Caribou Process Plant, the rights to which the company recently obtained.
Port Cargo Plunges 35% as Trump Tariffs Hit Los Angeles
Cargo volumes at the Port of Los Angeles have plummeted 35% as President Donald Trump’s tariffs on Chinese goods severely disrupt trans-Pacific commerce, port officials said Wednesday. The nation’s busiest container port is experiencing its steepest decline since the Great Recession, with more than half of container ship berths now sitting empty. The neighboring Port […]