“No Budget”: Carney Won’t Table A Budget This Year
The Liberal government of Prime Minister Mark Carney will not table a federal budget this year, Finance Minister François-Philippe Champagne confirmed Wednesday, opting instead for a fall economic statement—a move opposition leaders and economists warn undermines Ottawa’s fiscal credibility amid mounting economic uncertainty. The decision marks the first time since 2020, at the height of […]
G Mining Sees Decline In Q1 2025 Revenue, Production, Cash Flow
G Mining Ventures (TSX: GMIN) posted a mixed first quarter of 2025, with revenue for the quarter totaling $98.0 million, a 4.1% decline from $102.3 million in Q4 2024. This came despite a 8% quarter-over-quarter increase in realized gold prices to $2,766 per ounce, highlighting the impact of lower sales volume. Gold sold dropped 11.3% […]
Canadian Housing Starts Surge 30% in April, Driven by Gains in Quebec and Prairies
Canadian housing starts posted a record-setting surge in April, with new data from Canada Mortgage and Housing Corporation showing a 30 percent increase from the previous month. The seasonally adjusted annual rate of housing starts reached 278,606 units, surpassing economists’ expectations and marking the highest actual April total on record. The six-month trend measure, which […]
Vizsla Silver Enters Option Agreement To Acquire Santa Fe Project With Small Scale Operating Mine
Vizsla Silver (TSX: VZLA) is expanding its land holdings within Mexico, announcing this morning that is has optioned the Santa Fe project. The project is said to include both production and exploration concessions, and contains a fully permitted flotation plant currently producing silver and gold. The arrangement will see 12,229 hectares of claim acquired that […]
Snowline Gold Increases Resource Estimate To 8.8 Million Ounces At Valley
Snowline Gold (TSXV: SGD) has updated its mineral resource estimate for the Valley Gold deposit, which forms part of the larger Rogue project in the Yukon. The updated estimate has seen significant resources converted from the inferred mineral resource category to the measured and indicated category based on the initial resource published in July 2024. […]
NY Fed: Student Loan Crisis Emerges as Delinquencies Jump
Student loan delinquencies have spiked sharply in early 2025 after a five-year pandemic-related reporting pause ended, according to new Federal Reserve Bank of New York data released Tuesday. Nearly 8% of total student debt was reported as 90 days or more past due in the first quarter of 2025, dramatically higher than the less than […]
NJ Deli at Center of $100M Stock Fraud Case Leads to Prison Sentence
A federal judge sentenced Peter Coker Sr., 82, to six months in prison Tuesday for his role in a scheme that fraudulently inflated a small New Jersey deli’s market value to more than $100 million. Coker Sr. and his son, Peter Coker Jr., also sentenced Tuesday, pleaded guilty in December to conspiracy charges. The pair, […]
Toronto’s Housing Crash Isn’t a Correction—It’s a Reckoning
Toronto’s housing market is unraveling with a speed that has left sellers scrambling and policymakers silent. The city’s spring sell-off—where 66% of homes sold below asking price, the highest rate since 2013—isn’t a seasonal dip. It’s the culmination of decades of speculative frenzy, regulatory complacency, and a economic reckoning Canada can no longer outrun. In […]
TikTok Hit With €530M Fine for Sending EU Data to China
TikTok was fined €530 million ($600 million) by Ireland’s privacy watchdog earlier this month for violating European data protection laws by transferring users’ personal information to China. The Irish Data Protection Commission, which leads TikTok oversight in Europe, found the social media platform failed to ensure adequate protection for EU users’ data accessed by staff […]
Have Cake and Eat It Too? Alberta Separatists Claim They Would Keep Passports and Pension Benefits
The Alberta Prosperity Project unveiled its potential referendum question Monday: “Do you agree that the province of Alberta shall become a sovereign country and cease to be a province of Canada?” Jeffrey Rath, the group’s lawyer, called the question “as serious as a heart attack,” claiming it’s clearer than Quebec’s 1995 secession referendum wording. But […]