Condo Sales Drop 28% as Toronto’s Housing Market Cools
The Toronto Regional Real Estate Board (TRREB) has released its June report, revealing a continued decline in the city’s property market despite the Bank of Canada’s recent interest rate reduction. This marks the first rate cut in four years, but it has yet to stimulate buying activity significantly. Sales across all property types in Toronto […]
Plurilock: A Deep Value Cybersecurity Play
In the latest episode of The Daily Dive, SmallCapSteve sits down with Ian Patterson, CEO of Plurilock Security (TSXV: PLUR), a cybersecurity solutions provider focused on providing IT and security solutions to the US and Canadian federal governments, along with Global 2000 companies.
Canada Gets More Protective Over Mining Sector
Canada has significantly tightened its stance on foreign acquisitions of domestic mining companies, signaling a robust effort to safeguard its critical minerals sector and national security interests. Industry Minister Francois-Philippe Champagne announced that foreign takeovers of Canadian mining firms will only be approved “in the most exceptional of circumstances,” effectively shielding potential takeover targets from […]
Rapper BG NOT Required to Seek Government Approval for Future Songs, Lawyers Say
A federal judge has ruled that rapper BG, also known as Christopher Dorsey, must submit future song lyrics to the US government before production or promotion while stopping short of outright banning content related to gun violence or murder. The decision came after prosecutors requested restrictions on Dorsey’s artistic output as part of his supervised […]
New Zealand Gold: West Coast Experiences Resurgence In Gold Mining & Exploration
The history of gold mining in New Zealand dates back to the 1850’s with a discovery made by Charles Ring, who found a small piece of gold in the Coromandel region of the North Island. A decade later, the West Coast of the South Island experienced its first discovery.
Major Residential Projects Stall as Maplequest Ventures Enters Receivership After Defaulting On $90 Million In Loans
A major real estate development project in Brampton, Ontario has hit a significant roadblock, as Maplequest Ventures Inc. faces receivership due to a default on nearly $90 million in loans. The Richmond Hill-based company, which owns two residential development sites in Brampton, was placed under receivership on June 26. The affected properties include a 50-acre […]
Reddit Confession Leads to Unraveling of International Student’s Academic Fraud
A 19-year-old international student from India has been arrested for fabricating documents to secure a full scholarship at Lehigh University in Pennsylvania. Aryan Anand, who was attending classes as a freshman, is now facing multiple charges including forgery, tampering with records, and theft by deception. The elaborate scheme unraveled when Anand anonymously confessed to his […]
Federal Government Invests $11 Million in Clean Energy Projects
Natural Resources Minister Jonathan Wilkinson announced at a press conference in Calgary on Wednesday that 11 clean energy projects will receive a total of $11 million in federal funding. A majority of these projects are based in Alberta. Funding allocation includes $2.5 million for small modular nuclear reactor research at the University of Alberta and […]
Cloudflare Introduces Tool to Block AI Bots from Scraping Web Content
Cloudflare Inc (NYSE: NET) on Wednesday announced a new feature aimed at protecting website owners from unauthorized content scraping by AI bots. This comes in response to growing concerns among content creators about the unchecked harvesting of online data for AI training purposes. The new tool, available to all Cloudflare customers including those on the […]
Why I Like Reddit as a Stock
Reddit (NASDAQ: RDDT) went public in March of 2024 at an IPO price of $34 per share. Since going public the company is up nearly 48%. In the days of YOLO stocks, where we see names like AMC, GameStop, Sundial and Nokia rip on poor fundamentals, there is one common theme: traders are using Reddit […]