Canadian Home Prices Turn Higher as Listings Keep Falling
Canada’s resale housing market tightened further in July as a fourth consecutive monthly increase in sales collided with a third straight decline in new listings, finally pushing the national home price index marginally higher even as prices remained below last year’s levels. Home sales rose 0.5% from June on a seasonally adjusted basis, according to […]
Is Russia Preparing to Attack NATO?
New US intelligence assessments say Putin could test NATO’s resolve with a limited attack sometime between this fall and 2029, a warning that comes as Poland foils a Russian assassination plot and drones turn up near a German military base.
Iran: Hormuz Stays Shut Until US Meets Its Demands
Iran has effectively put Washington in a circular negotiation over the Strait of Hormuz, demanding that the US restore key provisions of a collapsed June peace agreement before one of the world’s most important energy routes can reopen. Mohammad Baqer Qalibaf, Iran’s top negotiator, said the strait would remain shut until Washington lifts its blockade […]
Tata’s Leadership Crisis Deepens as It Postpones Key Shareholder Meeting
Tata Sons’ leadership dispute has moved beyond the question of who succeeds Chairman N. Chandrasekaran. The holding company of India’s largest conglomerate was unable to proceed with its annual general meeting on Tuesday after a governance problem inside its controlling charitable trusts left it without the required quorum. The August 18 meeting was adjourned and […]
Sponsored · Selkirk Copper Mines
Auto Tariffs Are the Last Sticking Point Before Canada’s Trade Deadline
With one day left before Trump’s tariff deadline, autos remain the toughest sticking point, and the math behind a 15% rate has auto executives warning plants could disappear.
BHP’s Copper Business Overtakes Iron Ore for the First Time Ever
Record iron ore production wasn’t the story in BHP’s latest results — copper’s faster growth was, and China’s shift from property to electrification explains why.
Fake Pollster Shuts Down After Already Reaching Major Campaigns
A polling operation with just 21 followers on X managed to inject fabricated numbers into at least three active US political races, reach the campaign of Los Angeles Mayor Karen Bass, and generate tens of thousands of social-media engagements before admitting that its polling was not real. Median Strategies now says it has ended the […]
Algoma Steel Halts Arc Furnace Following Turbine Failure
An outage that could keep production halted for as long as 21 days has forced Algoma Steel Group (TSX: ASTL) to suspend its electric arc furnace after on-site power generation was knocked out. At the root of the shutdown is the Lake Superior Power generating facility. One of the LSP turbine units flagged an abnormal […]
Sponsored · Selkirk Copper Mines
Kino Aski Proposes First Nations-Led LNG Project Bound for Europe
A liquefied natural gas facility capable of shipping up to 15 million tonnes annually to European buyers has been proposed by a First Nations-led coalition, in what would rank among the larger energy projects advanced under Indigenous majority ownership in Canada. The plan, dubbed Kino Aski LNG, will be developed jointly by Kino Aski Inc. […]
NexGen Confirms Open Dialogue with BHP over Rook I Uranium Project
A potential equity tie-up between BHP and NexGen Energy remains an open question, but the two are talking. NexGen chief executive Leigh Curyer told Reuters the Canadian uranium miner and the world’s largest mining group exchange technical information and are in regular contact as NexGen looks to fund one of the world’s biggest uranium mines. […]