Trump Plans To Impose Tariffs On Canada’s GST
The flurry of Trump’s tariffs is about to cross a weird border as Canada’s national sales tax has become the latest target from the Trump administration. According to Commerce Secretary Howard Lutnick, the US plans to retaliate against Canada over its 5% levy on virtually every good and service sold nationwide. “We’re supposed to have […]
Congo Seizes Control of Cobalt Exports with Sweeping State Monopoly
The Democratic Republic of Congo has launched an aggressive strategy to dominate the global cobalt market, establishing a state-controlled export monopoly that could reshape the battery metals industry. The government’s newly created Entreprise Generale du Cobalt now holds exclusive rights to export artisanal cobalt, fundamentally restructuring how independent traders and processors operate. A ministerial decree […]
Trump Administration Tied to Tate Brothers’ Release from Romanian Custody
It pays to be in Trump’s manosphere
CIBC Reports 26% Net Income Jump, Credit Loss Provision Decline in Q1 2025
CIBC (TSX: CM) posted its fiscal Q1 2025 earnings results, highlighted by a 26% year-over-year jump in reported net income to $2.17 billion from $1.73 billion in Q1 2024 and a 15% jump from $1.88 billion in Q4 2024. The bank’s revenue rose to $7.28 billion, representing a 17% increase compared to the same period […]
Royal Bank of Canada Reports 43% Net Income Growth, 29% PCL Jump In Q1 2025
Royal Bank of Canada (TSX: RY) has unveiled its Q1 2025 earnings, driven by both robust organic growth and the ongoing integration of HSBC Bank Canada. The bank reported net income of $5.13 billion for the quarter, up 43% from $3.58 billion in the same period last year and 22% higher than $4.22 billion in the […]
TD Bank Reports Flat Income In Q1 2025 Amid Rise In Credit Loss Provision
TD Bank Group (TSX: TD) has reported adjusted net income of $3.62 billion for the first quarter of fiscal 2025, narrowly down from $3.64 billion a year ago but significantly above the $3.21 billion recorded last quarter. Reported net income of $2.79 billion for Q1 2025 dipped slightly from the $2.82 billion posted in the […]
Trump Proposes $5 Million ‘Gold Card’ Visa Program to Help Pay for National Debt
Looks like Trump only wants wealthy immigrants
Fyre Festival 2 Announced Again—This Time for May 2025
McFarland claims he’s already sold 100 tickets
Oil Tariffs: Lose-Lose For Both Canada And US, Study Finds
A Goldman Sachs study projects a lose-lose situation for both Canadian oil producers and American consumers if the US pushes through with its proposed 10% tariff on oil imports from Canada. The analysis estimates that Canadian oil producers stand to lose nearly US$7 billion annually in profit margins. Their predicament stems from the reality that […]
Navarro Denies Pushing for Canada’s Removal from Five Eyes Alliance
White House trade adviser Peter Navarro forcefully denied reports that he proposed ejecting Canada from the “Five Eyes” intelligence alliance, calling the suggestion “crazy stuff” amid escalating trade tensions between the neighboring countries. “We would never, ever jeopardize our national security ever with allies like Canada. Ever,” Navarro told reporters in Washington on Tuesday, responding […]