GTA Real Estate Crisis: 30% of New Condos Are Cash Flow Negative As Calls For Bailouts Begin

New data reveals significant financial distress in the Greater Toronto Area (GTA) condo market as Canada grapples with an escalating real estate crisis. Recent reports from Urbanation, Teranet, and CIBC paint a grim picture of the current state of the market, highlighting the potential for widespread economic repercussions if corrective measures are not taken swiftly. […]

Maduro’s ‘Win’ Questioned: Venezuelans Cry Foul Over Election

In a highly contentious and disputed election, Venezuela’s National Electoral Council (CNE) declared incumbent President Nicolás Maduro the winner with 51.2% of the vote. His main opponent, Edmundo González, reportedly garnered 44.2%. However, these results have been fiercely contested by the opposition and have sparked widespread outrage and skepticism both domestically and internationally. Reports of […]

Happy Belly To Acquire 50% Stake In Salus Fresh Foods For $300,000

Happy Belly Food Group (CSE: HBFG) is set to acquire another emerging food brand. The firm this morning announced that it has entered into a letter of intent to acquire a 50% stake in Ontario-based Salus Fresh Foods and Salus Fresh Foods Franchising. Salus currently has nine established street-front and food court locations in Ontario, […]

Integra Resources To Acquire Florida Canyon Gold For $95 Million

It may just be the shortest amount of time that a company has been public. Less than two weeks after going public, Florida Canyon Gold (TSXV: FCGV) is set to be acquired by Integra Resources (TSXV: ITR) in a transaction that is expected to establish a Great-Basin focused gold and silver production. The transaction will […]

Canada Nickel Metallurgical Testwork Improves Recoveries By 10%

Canada Nickel (TSXV: CNC) is reporting improved nickel recoveries in the latest metallurgical studies it has performed using material from its flagship Crawford project in the Timmins region of Ontario. The company is said to have created a concentrate consisting of 60% nickel sulphides under a locked cycle test. The concentrate is believed to be […]

81% of Ghana’s Major Cocoa Region Infected with Swollen Shoot Disease

Ghana’s cocoa production is facing a severe crisis due to the widespread outbreak of swollen shoot disease. According to the International Cocoa Organisation (ICCO), 81% of the Western North region, Ghana’s third-largest cocoa-producing area, is infected with this devastating virus. The impact of this disease, coupled with adverse weather conditions, has led to a dramatic […]