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Carney to Cut Cabinet Size in Half, Prepares for Trump Trade Challenges

Incoming Prime Minister Mark Carney is finalizing preparations for a significantly streamlined cabinet as he prepares to take office this Friday, according to sources familiar with the transition. The incoming Liberal government is expected to reduce ministerial positions from 37 under Justin Trudeau to between 15 and 20 members. Former leadership rival Chrystia Freeland has […]

InPlay Oil Posts Lower Annual Production, Net Income Drop in 2024

InPlay Oil (TSX: IPO) has released its financial and operating results for 2024, posting adjusted funds flow of $68.5 million ($0.76 per basic share), compared to $91.8 million ($1.03 per basic share) in 2023. The company cites a 44% year-over-year drop in AECO natural gas pricing as a key factor behind this contraction. AFF in […]

Wheaton Precious Metals Touts Record Annual Revenue, But Net Earnings Drop Due To Impairment Charge

Wheaton Precious Metals (TSX: WPM) has announced its Q4 and full-year 2024 results, reporting record annual revenue of $1.29 billion in 2024, an increase of 26.4% from $1.02 billion in 2023. This top-line growth was primarily driven by a 20% year-over-year increase in the average realized gold-equivalent price and a 5% uptick in the volume […]

IAMGOLD Secures $1.48 Million In Taxpayer Funds To Electrify Cote Gold Mine

The Canadian Government is evidently in the business of subsidizing multi-billion dollar corporations, provided they align with current government climate goals. Last night, the Minister of Environment and Climate Change, Steven Guilbeault, announced that the government would be investing in IAMGOLD (TSX: IMG) and their Cote Gold operations in Ontario. The investment will see taxpayers […]

Agnico Eagle Takes 14.99% Stake In Collective Mining With $63.4 Million Investment

Collective Mining (TSX: CNL) has managed to secure a substantial investment from Agnico Eagle Mines (TSX: AEM). The investment will see the major producer acquire units of the explorer, while simultaneously exercising warrants it currently holds in the company. Under the terms of the investment agreement, Agnico is set to purchase 4.7 million shares of […]

Trump Family Mulls Binance Stake While Founder Pursues Pardon

Members of President Donald Trump’s family have been holding talks to acquire a financial stake in cryptocurrency exchange Binance‘s US arm as the company’s founder pushes for a presidential pardon, the Wall Street Journal reported on Thursday. The negotiations come after Binance and its founder Changpeng Zhao pleaded guilty in 2023 to violating anti-money laundering […]

‘I Am Responsible’: Duterte Acknowledges Drug War Role as ICC Detention Begins

The case is also a watershed moment for international justice.

Snap Election Likely, Carney Avoids NDP Talks on Government Extension

Mark Carney’s team has not reached out to the New Democratic Party about extending the current government, increasing the likelihood of an early federal election, according to NDP sources. The incoming Liberal leader, set to be sworn in as Canada’s 24th prime minister this week, faces immediate pressure from opposition parties. Parliament remains prorogued until […]

9 in 10 Canadians Say ‘No’ to US Annexation as Trump’s Threats Intensify

A new Angus Reid Institute poll reveals that approximately 90% of Canadians would vote against joining the United States if faced with a referendum on the issue, despite escalating trade tensions and annexation rhetoric from US President Donald Trump. The survey, released March 12, comes as Trump continues to intensify tariffs on Canadian goods and […]

Canada Responds With Retaliatory Tariffs on Nearly $30 Billion US Imports

Canada is preparing to impose retaliatory tariffs on $30 billion worth of US imports in a move that underscores the continued tension between the two nations over steel, aluminum, and a host of other trade products. Canadian officials have described the plan as a “dollar-by-dollar” strategy designed to match the impact of US tariffs. As […]