AtkinsRealis Sells 6.76% Interest In Highway 407 For $2.79 Billion
AtkinsRealis Group (TSX: ATRL), formerly known as SNC-Lavalin, is exiting the Canadian toll road business. The company this morning indicated it has entered into an agreement to sell the last of its stake in 407 International, the entity that owns the 407 Highway in the Greater Toronto Area. The transaction will see AtkinRealis’ remaining 6.76% […]
Liberals Are Scrambling to Figure Out How to Remove the Carbon Tax
The federal Liberal government is currently working through the logistics of fulfilling incoming Prime Minister Mark Carney’s commitment to eliminate the consumer carbon tax, as the scheduled April 1st increase of 19% approaches. In comments made Tuesday, Environment Minister Steven Guilbeault indicated that the implementation path remains unclear. “We’re looking into different options,” Guilbeault explained. […]
OpenAI Signs $11.9 Billion Deal with CoreWeave
OpenAI struck a five-year, $11.9 billion agreement with cloud provider CoreWeave, taking a direct $350 million equity stake and possibly deepening tensions with its biggest backer, Microsoft (Nasdaq: MSFT), in what TechCrunch described as a “grandmaster-level chess move.” “CoreWeave is an important addition to OpenAI’s infrastructure portfolio, complementing our commercial deals with Microsoft and Oracle, […]
Poilievre: “Canada Must Hit Back With 50% Tariffs”
Pierre Poilievre, leader of the Conservative Party in Canada, demanded a swift and forceful response to President Donald Trump’s proposal to impose 50% tariffs on Canadian steel and aluminum prior to those tariffs being walked back. “Common sense Conservatives strongly condemn President Trump’s latest unjust tariffs targeting Canadian steel and aluminum workers and manufacturers,” he […]
Waymo Expands Robotaxi Service to Silicon Valley Communities
Waymo announced Tuesday it will expand its autonomous ride-hailing service by an additional 27 square miles across the San Francisco Bay Area, extending operations into Mountain View, Los Altos, Palo Alto, and parts of Sunnyvale, California. The Alphabet (Nasdaq: GOOG)-owned company will initially limit access to residents with local ZIP codes who use the Waymo […]
US To Require Canadians To Register Stays Beyond 30 Days
Trump administration officials will implement a new rule requiring Canadians who stay in the United States longer than 30 days to register their information and submit fingerprints, according to a draft regulation set to take effect April 11. The measure expands registration requirements for foreign nationals crossing the US-Canada land border for extended stays. Affected […]
Trump’s 50% Tariffs On Metals Sent Markets Haywire, But Is It Really Worth It?
President Donald Trump’s floated plan to levy a 50% tariff on steel and aluminum imports from Canada—even though briefly walked back—has exposed deep fault lines within global supply chains and stoked new anxieties over recession risks. In a single day, Trump threatened to double tariffs on Canadian metals, then reverted to a 25% rate after […]
US, Congo Explore Minerals-For-Security Deal As Rebels Advance
The United States has begun exploratory discussions with the Democratic Republic of Congo on a potential agreement exchanging access to critical minerals for military support, according to officials and diplomatic correspondence. Congo approached Washington with a proposal offering US companies extraction rights to minerals including cobalt and uranium in return for support against M23 rebels […]
Ukraine’s 30-Day Truce Hangs In The Balance
Ukraine’s government has signaled a willingness to implement a 30-day ceasefire with Russia, contingent upon Moscow’s reciprocal agreement, in what could become a major turning point in the conflict that has gripped the region since 2014. In a joint statement released from talks in Jeddah, Saudi Arabia, both American and Ukrainian officials declared the time […]
Ontario Blinks In Tariff Contest With US, Temporarily Suspends Energy Surcharge
Ontario’s trade gambit took a sudden turn when Premier Doug Ford announced that his province would suspend its much-discussed 25% electricity surcharge on exports to three bordering American states—at least for now. This latest pivot emerged following a statement from Ford declaring a “productive conversation” with US Commerce Secretary Howard Lutnick. Ford promised to hold […]