Spirit Blockchain’s Smart and Safe Strategy: Positioning To Scale AUM As Demand for Institutional-Grade Crypto Yield Solutions Grows
The activity and press releases coming out of Washington over cryptocurrencies points to a new normal. Cryptocurrencies are a real thing, what with the creation of both the Strategic Bitcoin Reserve and the US Digital Asset Stockpile.
Carney Scraps Carbon Tax… Or Did He?
Days after being sworn into office, Prime Minister Mark Carney has already moved on scrapping the consumer portion of Canada’s controversial carbon tax—at least on paper. Carney’s abrupt decision, announced in front of cameras as he signed what he called a “prime ministerial directive,” effectively sets the consumer fuel charge to zero by April 1 […]
Treasury Suspends Anti-Money Laundering Reporting Requirements for US Businesses
The US Treasury Department has suspended enforcement of key provisions of the Corporate Transparency Act that require American businesses to report beneficial ownership information, raising concerns among financial crime experts about potential loopholes for money laundering and tax evasion. In an announcement made on March 2, the Treasury Department said it would “not enforce any […]
Canada’s Housing Starts Decline in February, Despite Six-Month Trend Growth
Canada’s housing market showed mixed signals in February 2025, with the six-month trend in housing starts rising 1.1 percent to 239,382 units, according to the Canada Mortgage and Housing Corporation. This trend measure, which smooths out monthly fluctuations, indicates a steady increase in activity. However, the seasonally adjusted annual rate of housing starts for February […]
Trump Administration Shuts Down Voice of America Operations, Cuts Funding to US Media Outlets
President Donald Trump has effectively shut down Voice of America (VOA), placing more than 1,300 employees on administrative leave and terminating funding for two US international broadcasting services that reach millions in authoritarian countries. The drastic measures came Saturday, just one day after Trump signed an executive order directing VOA’s parent agency, the US Agency […]
K92 Mining Posts Record 178% Jump In Net Income In Q4 2024
K92 Mining (TSX: KNT) has released its financial and operating results for Q4 and full year ended December 31, 2024, topbilled by quarterly revenue of US$120.3 million, marking a 60% increase from the same period in 2023. This revenue was driven by quarterly production of 53,401 gold equivalent ounces, a 37% boost from Q4 2023. […]
Founders Metals Hits 2.29 g/t Gold Over 72 Metres At Van Gogh
Founders Metals (TSXV: FDR) has again intersected high grade gold mineralization at its Antino Gold project in Suriname. The company this morning released further assay results from an ongoing drill program at the project. Highlights from the results include: With the results of the latest drill hole, Founders has now confirmed that mineralization extends to […]
Power Metallic To Expand Drill Program To Six Rigs, 100,000 Metres Of Drilling Planned
Following the receipt of fresh funding from a flow through financing, Power Metallic (TSXV: PNPN), formerly known as Power Nickel, is planning an expanded drill program for 2025 and 2026. The company has indicated that it intends to drill test over 100,000 metres in aggregate over the next 21 months.
Kits Eyecare Raises Adjusted EBITDA Guidance For First Quarter
Kits Eyecare (TSX: KITS) is expecting strong first quarter 2025 financial results, announcing this morning that it has increased its adjusted EBITDA guidance for the quarter. Adjusted EBITDA is now expected to be within a range of 6% to 8% of revenue, compared to the prior range provided of 4% to 6%. Revenue guidance has […]
Hudson’s Bay Plans Complete Liquidation, Putting 9,000 Jobs at Risk
Hudson’s Bay Co plans to liquidate its entire business as early as next week unless it secures additional financing, the 354-year-old Canadian retailer said in court filings, putting more than 9,000 jobs at risk across the country. The iconic department store chain, which traces its roots back to 1670, announced late Friday that “exhaustive” efforts […]