Is MrBeast Buying TikTok?
MrBeast has begun talks with billionaire investors about a potential TikTok acquisition, as the platform approaches a US government deadline to sell or shut down. The YouTuber, whose real name is Jimmy Donaldson, sparked speculation Monday by tweeting: “Okay, fine, I’ll buy Tik Tok so it doesn’t get banned.” “Just got out a meeting with […]
Canada Reports 50,000 Foreign Students as ‘No-Shows’
Nearly 50,000 international students granted study permits for Canada failed to attend their designated schools during spring checks in 2024, according to government figures obtained by The Globe and Mail. The absences, documented through the International Student Compliance Regime’s biannual reporting system, represented 6.9% of students from 144 countries tracked by Immigration, Refugees and Citizenship […]
Hindenburg Research Founder Shuts Down Ops, “The Intensity Came at a Cost”
In a shocking move, Hindenburg Research has announced that it will be winding up its operations. This decision comes following the release of a personal note from the firm’s founder, Nate Anderson, detailing the reasons behind the closure and reflecting on the company’s impactful journey. Founded in 2017, Hindenburg Research quickly established itself as a […]
Conservatives Vow to Reverse Trudeau’s Capital Gains Tax Hike
Canada’s Conservative Party is poised to dismantle the Liberal government’s controversial capital gains tax increase, should they gain power in the next federal election. This move, spearheaded by Conservative leader Pierre Poilievre, aims to alleviate economic strain on businesses and individuals, as concerns mount over job losses and reduced investment. In a decisive announcement on […]
Eight Capital Closes Its Doors as Top Executives Transition to Stifel Canada
Investment dealer Eight Capital has announced plans to wind down its operations, marking a significant shift in Canada’s investment banking landscape. The decision, made by Eight Capital’s partnership committee, was confirmed yesterday and comes amid ongoing challenges in the speculative industries the firm has long served. Eight Capital, formerly known as Dundee Capital Markets, has […]
Canadian Housing Starts Rise 2% In 2024, Falling Short of Affordability Goals
Canada’s housing starts increased by 2% in 2024, reaching 245,120 units across all areas, according to data released by the Canada Mortgage and Housing Corporation. This modest growth, while marking the third-highest year on record, still falls significantly short of the levels needed to address the country’s housing affordability crisis. In urban centers with populations […]
Skeena Discovers Gold-Copper Porphyry System At KSP, Hits 0.71 g/t Gold Over 381.47 Metres
Skeena Resources (TSX: SKE) is reporting this morning that it has discovered a gold-copper porphyry system at its KSP property, found 24 kilometres to the southwest of its flagship Eskay Creek project. The discovery follows a 9,182 metre drill program, which consisted of a total of 22 drill holes. The program intersected broad intervals of […]
GoGold Reports US$355 Million After-Tax Net Present Value For Los Ricos South In Feasibility Study
GoGold Resources (TSX: GGD) has released a feasibility study for its Los Ricos South Project in Jalisco, which is highlighted by a net present value of US$355 million on an after-tax basis, using a 5% discount rate. The after-tax IRR meanwhile amounts to 28% in the base case scenario. The estimate is based on an […]
Aris Mining Produces 210,995 Ounces In 2025, Issues 2025 Guidance
Aris Mining (TSX: ARIS) achieved guidance with respect to its production targets for 2024. The miner last night indicated it had produced 210,995 ounces of gold for the full year, while revised guidance had called for production to range from 205,000 to 220,000 ounces. The figures follow Aris’ Segovia mine producing 187,583 ounces of gold […]
Spain Plans 100% Tax on Non-EU Property Buyers to Curb Housing Crisis
Spain’s government has announced plans to impose a 100% tax on real estate purchases by non-EU residents, introducing its strongest measure yet to address soaring housing costs that have sparked public discontent. Prime Minister Pedro Sanchez revealed the tax proposal alongside eleven other housing measures, citing data showing non-EU residents purchased approximately 27,000 Spanish properties […]