Trump Tariffs On Canada, Mexico Possibly Delayed To March 1
The decision on whether the US government will enact tariffs on Canada as of tomorrow continues to yo-yo, with the latest headlines now stating that tariffs are to be delayed until March 1. As per three people familiar with the matter that spoke to Reuters, US President Donald Trump is expected to announce new tariffs […]
Is Google Heading Towards More Layoffs?
Questions about Alphabet’s (NASDAQ: GOOGL) Google heading towards conducting more layoffs have surfaced after they recently offered a “voluntary exit program” to all US-based employees within the Platforms and Devices division. This program invites workers to leave their roles in exchange for a severance package. This comes on the heels of a major organizational restructuring […]
Canada Defers Capital Gains Tax Hike To 2026
The Canadian government has announced a significant delay in implementing its controversial capital gains tax increase, pushing the effective date to January 1, 2026. Finance Minister Dominic LeBlanc made the announcement on Friday, citing the need to provide clarity ahead of the upcoming tax season. The proposed tax hike, initially introduced in the April 2024 […]
OpenAI Seeks Record $40 Billion Investment at $300 Billion Valuation
OpenAI is in early discussions to raise up to $40 billion in funding that would value the ChatGPT maker at $300 billion, including the new investment. The valuation would nearly double the $157 billion the company commanded in October. SoftBank Group (TYO: 9984) plans to lead the round with a potential investment of $15-25 billion, […]
Norway in Turmoil as Government Collapses Over EU Electricity Policy
Norway was thrown into chaos as high energy prices and disputes over EU energy policies led to the collapse of the country’s coalition government. The key coalition Centre Party abruptly exited the government, leaving Prime Minister Jonas Gahr Støre’s Labour Party to govern alone for the first time in 25 years. The crisis was sparked […]
Trump’s 25% Tariffs On Canada And Mexico Are Coming Tomorrow; Oil Tariffs To Be Decided Tonight
US President Donald Trump has signed the blanket 25% tariffs he promised to impose on imports from Canada and Mexico. The order, set to take effect this Saturday, is touted as a response to border security concerns, particularly the influx of fentanyl into the United States. Trump asserts that imposing tariffs will pressure these nations […]
AbraSilver Announces $48.4 Million Financing Package
AbraSilver Resource Corp (TSXV: ABRA) is turning to the markets to raise further capital, announcing this morning a large $48.4 million financing that is set to occur in two parts. The first part of the financing package will see National Bank and Beacon Securities lead a bought deal financing of $21.8 million, under which shares […]
Lundin Mining Fined $3.3 Million Over Sinkhole At Alcaparrosa Mine
Lundin Mining (TSX: LUN) has been hit with a $3.3 million fine by the government of Chile in response to a sinkhole that occurred back in 2022 at its Alcaparrosa mine. The fine was levied following the completion of an investigation of the incident. The fine pertains to a massive sinkhole that developed near the […]
Canada Signals Retreat from Capital Gains Tax Hike
Canada’s government plans to reverse course on the capital gains tax increases announced in its last budget, a senior government source told CBC News on Thursday. Ottawa is weighing ordering tax authorities to stop collecting the higher rates, which raised inclusion rates to 66.7% from 50% on gains above C$250,000 ($185,000) for individuals and all […]
Trump Orders Deportation of Foreign Students in Pro-Palestine Protests
President Donald Trump has signed an executive order promising “immediate action” against non-citizen college students who participated in pro-Palestinian demonstrations during Israel’s war in Gaza. The order directs federal law enforcement to find and deport “resident aliens” who joined protests, according to a White House fact sheet. “Come 2025, we will find you, and we […]