Why Trump Said He Loves The Inflation
The White House is now asking voters to accept two inflation stories at once: prices are up sharply, but Trump says the real victory is that they are not worse. That is the risk inside President Donald Trump’s inflation remark. Asked whether he was concerned by the inflation report, Trump said, “I love the inflation,” […]
Canada Tables Bill Banning Social Media for Under-16s and Regulating AI Chatbots
Canada introduced legislation Wednesday to ban children under 16 from social media and regulate AI chatbots for the first time — joining Australia, Indonesia, and Malaysia in moving against platforms that, as Culture Minister Marc Miller put it, are platforms where “kids are dying.”
Trans Mountain Hits Full Capacity for the First Time as Hormuz Crisis Drives Asian Demand for Canadian Oil
A year ago Trans Mountain was 84% full. In June 2025 it was 78% full. This June it hit apportionment — more demand than it can carry — for the first time since its $34 billion expansion opened.
CIA Officer Who Stockpiled $40 Million in Gold Bars Worked With Pentagon’s No. 2 on Covert China Spy Program
He told the CIA he was running a secret nuclear war contingency program. He was actually using it to steal $40 million in gold bars. And he did it while working with the Pentagon’s No. 2 official on a covert operation targeting China.
Iran Closes Strait of Hormuz and Launches Missiles at US Bases After Trump Declares America ‘Controls’ the Waterway
Hours after Trump posted that the United States controls the Strait of Hormuz and that Iran’s military is “defeated,” Iran closed the waterway and launched ballistic missiles at US bases in Kuwait and Jordan.
Sorry, Andrew Tate Is Not a Legitimate Military Target—Ukraine’s Drone Forces Explain
Ukraine’s drone forces have struck 174 Russian air defense systems, signed deals with Saudi Arabia, Qatar, the UAE, and Canada, and changed the face of modern warfare. This week they also had to deal with the Andrew Tate situation.
China’s Rare Earth Controls Leave US Firms Scrambling for Alternatives
China’s tightening grip on rare earth exports is leaving American companies with uneven and often inadequate access to materials critical to their operations, according to new survey data from the US-China Business Council. Chinese export controls and sanctions have touched more than a third of US companies surveyed. The pain is not evenly distributed. Automotive […]
Canada Could Become a Key Crude Supplier to India
India is looking to add Canada to its list of crude oil suppliers, according to the country’s envoy, a development that could open a meaningful new trade corridor between the two nations. The signal comes as India continues to diversify its energy supply chain, reducing reliance on any single source or region. Canada holds the […]
Bank of Canada Holds Rates at 2.25% as Economy Shrinks
The Bank of Canada left its benchmark interest rate untouched on Wednesday, keeping the overnight target at 2.25% as policymakers weighed a soft domestic economy against the inflationary pull of a months-long war in the Middle East. It marks another hold in a stretch where the central bank has signalled patience rather than action. The […]
SoftBank Faces Funding Test After OpenAI Loan Talks Stall
SoftBank’s reported attempt to pledge its entire OpenAI position for a $6 billion loan turns the AI boom’s biggest question into a credit-market problem: how much is a private valuation worth when banks have to lend against it? The answer, at least for now, appears to be less than SoftBank wanted. Bloomberg reported that SoftBank […]