Price Concessions Mount as Canadian Housing Market Cools Into Winter
Canadian home sales declined 0.6% in November 2025 compared to the previous month as the mid-year housing rally shifted into a holding pattern, the Canadian Real Estate Association reported Sunday. Sales activity remained well above April levels but largely unchanged since July, suggesting the market has stabilized after months of growth driven by falling interest […]
Lidar Company Luminar Files for Bankruptcy After Losing Major Contract
Luminar Technologies, Inc. (NASDAQ: LAZR) filed for Chapter 11 bankruptcy protection on Monday, marking a dramatic fall for the autonomous vehicle sensor maker that lost more than 90% of its market value over the past year. The Orlando-based company filed in the US Bankruptcy Court for the Southern District of Texas after months of financial distress. […]
Smith Floats Northwest Pipeline, But It’s Probably Not What You Think
Talking about energy pipelines for the province, Alberta Premier Danielle Smith said her “first preference” is still a new West Coast pipeline through northern BC, but she is willing to look across the border if progress stalls. The alternative she pointed to is a Pacific route through the northwestern US, running via Montana, Idaho, and […]
Doug Ford Announces Multibillion-Dollar Plan To Turn Niagara Falls Into ‘Vegas of the North’
Ontario Premier Doug Ford unveiled a multibillion-dollar strategy Monday to transform Niagara Falls into an international tourism hub, calling for multiple new casinos and a major theme park in what his government dubs “Vegas of the North.” The Destination Niagara Strategy targets doubling annual visitors from 13 million to 25 million and generating an additional […]
Anglo Teck Merger Secures Government Approval, Commits To $4.5B Canadian Spending
Teck Resources (TSX: TECK.b) and Anglo American received government approval under the Investment Canada Act for their merger of equals, anchored by binding commitments that include at least $4.5 billion of spending in Canada within five years and a minimum of $10 billion over 15 years. The approval formalizes a package of undertakings that permanently […]
Steadright To Begin Selling Stockpile Material From Historic Goundafa Mine
Steadright Critical Minerals (CSE: SCM) is expected to begin generating revenue from the recently acquired historic Goundafa Mine in Morocco. The company this morning indicated that it has come to terms under an initial contract for the sale of historic mineralized stockpiled material located at the mine.
Artemis Gold To Proceed With Expansion To 21 Mtpa Processing Capacity At Blackwater
Artemis Gold (TSXV: ARTG) may not yet be done with expansion Phase 1A, but they’re already moving on to Phase 2, with the company indicating last night that the board has approved for management to proceed with the second phase of expansion. The phase two expansion will take the capacity of the processing plant from […]
Seabridge Gold To Spin Out Courageous Lake Project To Shareholders
Seabridge Gold (TSX: SEA) is set to provide a return to shareholders in the form of a spinout. The company this morning indicated that it has elected to spin out its subsidiary, Seabridge Gold (NWT) Inc to shareholders, with the subsidiary to be renamed to Valor Gold. The subsidiary to be spun out is notably […]
Samsung Denies Plans to Halt SATA SSD Production
Samsung Electronics has denied reports that it plans to halt production of SATA solid-state drives, calling the rumors false after days of speculation about an exit from the budget storage market. “The rumor regarding the phasing out of Samsung SATA or other SSDs is false,” a company spokesperson told WCCftech this week, directly addressing claims […]
Japan Gold Concludes Geophysical Survey At Hakuryu Project For Drill Targeting
Japan Gold (TSXV: JG) has successfully completed a controlled-source audio magnetotellurics and natural source geophysical survey at the Hakuryu project in Hokkaido, Japan.