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 […]
Bank Of Canada Cuts Interest Rates For Seventh Consecutive Time To 2.75%
The Bank of Canada announced today a 25 basis point reduction in its target for the overnight rate, bringing it to 2.75%. This marks the seventh consecutive rate cut, as the central bank grapples with escalating trade tensions and tariffs imposed by the United State. Despite a strong start to 2025, with inflation near the […]
i-80 Gold Closes ATM Program After Raising $25.1 Million
i-80 Gold (TSX: IAU) has closed out its at-the-market equity program after having been stuck in a trading blackout since February 14. That blackout is expected to last until the end of the quarter, when the five PEA’s it recently announced will be filed with the exchange. The program saw a total of 26.7 million […]
Avino Reports “Record-Breaking” Q4 2024 Financials, Posts 95% Revenue Jump
Avino Silver & Gold Mines (TSX: ASM) has released its financial results for Q4 and full-year 2024, touting a “record-breaking performance” that is toplined by a quarterly revenue of $24.4 million. This figure is a 95% jump from the $12.5 million recorded in the same period last year. This outcome was said to be propelled […]
Simply Solventless To Acquire CanadaBis Capital For $0.116 A Share In All-Stock Deal
Less than two weeks after closing its acquisition of Delta 9 Bio-Tech, Simply Solventless (TSXV: HASH) has entered into another M&A transaction. The latest target is CanadaBis Capital (TSXV: CANB), whom Simply will acquire via an all-stock transaction. CanadaBis currently owns the Stigma Grow, Dab Bods, and High Priestess brands, among others. The transaction will […]
NexGen Receives Commission Hearing Dates For Rook I, While Local Indigenous Groups Issue Complaint Over Endless Delays From Feds
NexGen Energy (TSX: NXE) is one step closer to obtaining all the permits required for its Rook 1 Uranium Project in the Athabasca Basin of Saskatchewan. The company has now received proposed dates for a Canadian Nuclear Safety Commission hearing for approval of the project. The proposed dates are currently marked as November 19, 2025, […]
‘Not Through Our Backyard’: Quebec’s Blanchet Rejects Pipeline Needed by Atlantic Canada
Bloc Québécois leader Yves-François Blanchet rejected a proposal to transport western Canadian oil through Quebec in a letter to Nova Scotia Premier Tim Houston, intensifying a provincial dispute over national energy infrastructure. Blanchet told Houston he remains firmly against “turning Quebec into a highway for dirty oil and gas from the West,” citing risks to […]
Chainsaw To Scalpel: Trump’s Cabinet Clamps Down on Musk’s Government Makeover
In the latest episode of this stranger-than-fiction reality show called US government, President Donald Trump recently gathered his top secretaries to rein in none other than Elon Musk—the self-styled disruptor of government efficiency. The meeting, prompted by Musk’s ambitious yet blunt attempts to cut federal spending and personnel through his Department of Government Efficiency, quickly […]
‘Condo King’ Reveals Plan with Carney to Use CMHC for Foreign Rental Investments
A plan to use Canada’s state-owned mortgage insurer to attract foreign investment into rental properties is being developed, according to comments from Vancouver real estate developer Bob Rennie, who says he is working with newly elected Liberal Party leader Mark Carney on the initiative. Rennie, known as Vancouver’s “Condo King,” revealed on a recent episode […]
Ukraine Ceasefire Would Need 15,000 Personnel, Joint Commission —Swiss Proposal
A Swiss security think tank has published a detailed framework for a potential ceasefire in Ukraine, though security analysts express doubt about Russia’s willingness to honor such an agreement. The Geneva Centre for Security Policy (GCSP) released a 31-page “Ceasefire Toolkit” outlining specific mechanisms for halting the conflict that has continued since Russia’s invasion of […]