Venezuela in Turmoil: Protests and Unrest Erupt Over Alleged Electoral Fraud

Venezuela has plunged into a state of unrest following Sunday’s contentious presidential election. The opposition party, led by María Corina Machado, claims to have incontrovertible evidence that their candidate, Edmundo González, won the election, sparking widespread protests and clashes across the country. On Monday evening, Machado announced that the opposition had obtained over 70% of […]

Tilray Brands Shares Soar On Fiscal 2024 Growth, Driven by Diversification and Acquisitions

Tilray Brands (TSX: TLRY) has announced its financial results for the fourth quarter and fiscal year ending May 31, 2024. The company reported substantial growth across its various business segments, marking a significant achievement in its diversification strategy. In the fourth quarter, Tilray’s net revenue surged 25% to $229.9 million, up from $184.2 million in […]

Chrystia Freeland Introduces 30-Year Mortgages, But What Could Be The Real Cost?

Finance Minister Chrystia Freeland has announced that starting August 1st, lenders will begin offering 30-year mortgages in a significant shift for the Canadian housing market. This move aims to make homeownership more accessible, particularly for younger Canadians who are struggling to enter the market. “This means that first-time home buyers will now have 30 years […]

George Weston Reports Q2 Earnings Drop Following Bread Price-Fixing Settlement

George Weston Limited (TSX: WN) reported its unaudited financial results for the second quarter of 2024, marking a period of solid performance for its subsidiaries overshadowed by significant financial impacts from legal settlements. The company reported revenue of $14.09 billion for the quarter ended June 15, 2024, reflecting a 1.5% increase from $13.88 billion in […]

Elevation Gold Files For Creditor Protection

Elevation Gold (TSXV: ELVT) has thrown in the towel. The company has indicated that intends to file an application in the Supreme Court of British Columbia today under the Companies Creditors Arrangement Act, requesting protection from its creditors. The initial order hearing under the CCAA is scheduled for August 1. The company meanwhile will also […]