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 […]
Do the “Drill, Baby, Drill” Economics Make Sense at $50 per Barrel?
Industry experts are challenging US Energy Secretary Chris Wright’s claim that shale producers can profitably boost output at $50 per barrel, warning that such price levels would likely curtail drilling activity despite the Trump administration’s push for increased domestic production. “The economics of shale don’t work at $50 a barrel,” said Daniel Yergin, Pulitzer Prize-winning […]
Gold Funds Post Record $4.5 Billion Inflow as Investors Seek Refuge
Gold investment funds have recorded their largest four-week inflow on record, hitting $4.5 billion by February, according to Bank of America Global Research data, as investors flock to the safe-haven asset amid market uncertainty. The precious metal traded at $2,915 per ounce on Tuesday, up 0.78%, hovering near the $2,900 level as the strong investment […]
Couche-Tard Plans To Shed Key Assets to Pave Way for Landmark 7‑Eleven Deal
Alimentation Couche-Tard (TSX: ATD) has unveiled its strategy to push the deal with Seven & i Holdings by preparing to sell off a key portfolio of assets. The retail giant reaffirmed its long-held conviction that a merger with the Japanese giant would be strategic and financial value for both companies and their stakeholders. “We have […]
Trump Jacks Up Tariff On Canadian Steel & Aluminum To 50%
President Donald Trump has escalated his trade dispute with Canada by announcing an additional 25% tariff on Canadian steel and aluminum, bringing total duties to 50%. This move, which takes effect March 12, comes in direct response to Ontario’s 25% levy on electricity exports to the US. Trump’s pronouncement, delivered in a social media post, […]
Emerge Canada: Cathie Wood-Linked ETF Firm Accused of Diverting Investor Funds
Cathie Wood’s Toronto-listed partner, Emerge Canada, is facing serious allegations from the Ontario Securities Commission, which claims the investment manager violated securities laws by diverting investor funds to prop up its own businesses. The OSC says these transactions amounted to self-dealing loans of approximately C$6 million over nearly four years. Regulators contend that these actions […]
Endeavour Silver Closes 2024 With Strong Cash Flow But Widening Losses
Endeavour Silver (TSX: EDR) has released its financial and operating results for Q4 and full year 2024, delivering mine operating cash flow of $72.3 million—an increase from $64.4 million in 2023—despite contending with production setbacks and a net loss for the year. In Q4 2024, revenue was $42.2 million, down from $50.5 million in the […]
Eloro Resources Drills 151 g/t Silver Over 135 Metres At Iska Iska
Eloro Resources (TSX: ELO) has continued to intersect long intervals of silver mineralization at its Iska Iska silver-tin polymetallic project in southwestern Bolivia. The latest results come from definition drilling, focused on the Santa Barbara pit area, which is said to have the potential of being a starter pit for the project. Highlights from the […]