Feds Pledge $2.5B To Bring 4,800 Rental Units to Toronto
The federal government has pledged more than $2 billion to jumpstart the construction of 4,831 rental units in Toronto. Mayor Olivia Chow described the agreement as “landmark” and “historic,” pointing out that it bundles seven major rental projects and streamlines approvals to expedite construction. According to her, recent interest rate hikes had effectively shut down […]
First Helium To Develop New Shallow Heavy Oil Discovery
First Helium (TSXV: HELI) appears to be going through a slight identity crisis, announcing this morning that it has made two discoveries at its Worsley project in Alberta. The discoveries follow the drilling of two wells within the project. The first discovery is that of shallow heavy oil, which was encountered in both the 7-15 […]
Goldshore Drills 25.9 Metres Of 1.15 g/t Gold At Moss Gold Project
Goldshore Resources (TSXV: GSHR) has released its latest assay results from an ongoing 15,000 metre drill program being conducted at its Moss Gold project. Assays for a total of five holes were released this morning, with the holes focused on the Southwest Zone of the project. Highlights from the results include: The latest results are […]
Greenpeace Faces $667 Million Judgment for Pipeline Protests
Greenpeace finds itself in the midst of significant legal troubles following a jury’s decision in a North Dakota state court. In a highly charged trial, Texas-based pipeline operator Energy Transfer successfully argued that Greenpeace’s role in protests against the Dakota Access Pipeline led to illegal disruptions and misinformation. After two days of deliberation, the jury […]
Germany Passes Trillion-Dollar Plan to Boost Defense, Infrastructure
German lawmakers approved constitutional changes on Tuesday that could unleash up to a trillion dollars in borrowing over the next decade to bolster defense capabilities and revitalize crumbling infrastructure. The legislation creates new exceptions to Germany’s “debt brake,” which has capped government borrowing at 0.35% of GDP since 2009. Defense spending beyond 1% of GDP […]
Xi Government Signals Displeasure Over CK Hutchison’s $23 Billion Ports Sale
Chinese President Xi Jinping’s government is not at all pleased about CK Hutchison‘s planned $23 billion ports sale to a US-led consortium, signaling Beijing’s displeasure with the Hong Kong conglomerate’s decision to transfer strategic assets to American control. State authorities reposted newspaper commentaries labeling the deal a betrayal of Chinese interests, an unusual public rebuke […]
Is Trump Classifying Fentanyl As A Weapon of Mass Destruction?
A draft executive order reportedly circulating in Washington has ignited debate over whether to classify illicit fentanyl as a weapon of mass destruction. According to a copy of the alleged draft reviewed by multiple sources, the executive order declares “illicit fentanyl to be a Weapon of Mass Destruction as defined in 50 U.S.C. Section 2902.” […]
Chinese EV Giants Advance as Tesla Struggles in Key Asian Market
China’s electric vehicle industry saw two major technological developments this week that could further challenge Tesla’s position, as the American EV maker’s stock tumbled amid growing concerns about its sales performance and competitive standing in the crucial Chinese market. Contemporary Amperex Technology Co. Ltd. agreed to invest up to 2.5 billion yuan ($346 million) to […]
Inside the JFK Files: Trump’s Much Ado About Nothing
President Donald Trump ordered the release of tens of thousands of pages of previously classified documents tied to the 1963 assassination of President John F. Kennedy. This release follows Executive Order 14176, issued in January, which mandated the declassification of all records relating to the assassinations of JFK, Senator Robert F. Kennedy, and the Reverend […]
Telus, Nvidia To Partner For “Sovereign AI Factory” In Quebec
Telus and Nvidia have announced a landmark partnership to establish a so-called “sovereign AI factory” in eastern Quebec. The facility in Rimouski, Quebec, aims to provide Canadian businesses and researchers with the high-performance supercomputers and software needed to train AI models. Telus says the site, which is powered by 99% renewable energy sourced from Hydro-Quebec, […]