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 […]
ARC Resources Enters 20 Year Sale And Purchase Agreement With ExxonMobil For Cedar LNG Offtake
ARC Resources (TSX: ARX) has entered into a long term sale and purchase agreement for its offtake from the Cedar LNG project in British Columbia, which will see the sale of its liquefied natural gas into Asian markets. The agreement is with that of ExxonMobil LNG Asia Pacific, whom has agreed to purchase approximately 1.5 […]
RBC Cuts Jobs in Reorganization Ahead of New ‘Growth Strategy’
Royal Bank of Canada (TSX: RY) has laid off employees across multiple divisions as part of a broader reorganization, according to sources and a statement from the bank. Canada’s largest lender has cut positions in technology and operations, as well as in its recently separated personal and commercial banking units, according to a source familiar […]
Trump Charges $5 Million for Private Meetings at Mar-a-Lago
Wealthy business figures pay between $1 million and $5 million for various levels of access to President Donald Trump at his Mar-a-Lago estate, according to WIRED. The publication, which obtained access to an invitation, revealed that Trump charges $5 million for private one-on-one meetings, while group dining events with the president cost attendees $1 million […]
Musk Says US ‘Really Should’ Leave NATO
Elon Musk, who appears to not be dealing so well with his unpopularity in Europe, has publicly endorsed the idea of the US withdrawing from NATO, saying it “doesn’t make sense for America to pay for the defense of Europe.” This marks Musk’s second public statement supporting NATO withdrawal in recent days. On March 3, […]
Canada Unveils $490-Million Push Towards Nuclear Energy
A massive push towards nuclear in Canada is set after several investments have been announced by Minister of Energy and Natural Resources Jonathan Wilkinson. Wilkinson is pushing what the government describes as “crucial steps towards clean, affordable, and homegrown nuclear technology.” Central to Canada’s nuclear revival is a $304 million joint investment with engineering firm […]