UK Hits Russia With New Sanctions as Trump Signals Relief
PM Starmer also announced £4.5 billion in military assistance for 2025
Microsoft Data Center Pullback Sparks Wall Street Jitters Over AI Spending
Microsoft‘s (Nasdaq: MSFT) reported cancellation of data center leases has triggered investor anxiety about the sustainability of massive artificial intelligence investments, despite the tech giant’s insistence that its $80 billion infrastructure spending plan remains intact. TD Cowen analysts reported Friday that Microsoft had scrapped leases totaling “a couple of hundred megawatts” of capacity with at […]
Bank of Canada Warns Tariffs Would Slash Growth, Push Inflation Higher
Bank of Canada Governor Tiff Macklem warned on Friday that proposed US tariffs would permanently lower Canada’s economic output by 2% and nearly erase growth for two consecutive years while pushing inflation above target. Speaking to the Mississauga Board of Trade, Macklem presented the central bank’s most detailed analysis yet of the potential damage from […]
Tariff Tantrum: Trump Targets Canada’s Digital Tax
President Donald Trump recently signed a memo aimed at retaliating against nations that tax American tech giants, with Canada’s digital services tax at the forefront. The 3% levy on revenue earned is applied domestically to large technology companies such as Apple, Amazon, and Google. Trump’s memo does not mention Canada by name in isolation—over 30 […]
Sponsored · Mercado Minerals Ltd.
Trudeau Puts Troop Deployment In Ukraine ‘On the Table’ After Kyiv Visit
Prime Minister Justin Trudeau’s recent visit to Kyiv brought fresh urgency to the debate over Canada’s involvement in Ukraine’s ongoing conflict with Russia. Speaking alongside European leaders gathered to mark the third anniversary of Russia’s full-scale invasion, Trudeau signaled that sending Canadian troops remains an option in any forthcoming peace deal. “We will work with […]
Citadel Securities Reportedly Going Into Crypto In A Trump-Endorsed Boom Era
Ken Griffin’s Citadel Securities is reportedly preparing to enter the cryptocurrency market as a liquidity provider, betting that President Donald Trump’s recent embrace of digital assets may open the door for wider adoption. Previously, the firm maintained a limited footprint on trading platforms favored by retail investors, citing a dearth of clear regulations in the […]
Trump Wants Keystone XL Pipeline “Now” After Saying The US Doesn’t Need Canadian Oil
President Donald Trump has once again stirred controversy by calling for the resurrection of the Keystone XL pipeline. Despite the project being effectively abandoned in 2021, Trump insists it should be built “now,” framing it as an energy priority for the US under his new administration. In a post on his social media platform, Trump […]
BMO Reports 65% Jump In Net Income In Q1 2025 As Credit Loss Provisions Continue To Balloon
BMO Financial Group (TSX: BMO) announced its fiscal Q1 2025 financials, with total revenue climbing to $9.27 billion from $7.67 billion a year ago. This 21% surge in quarterly revenue is driven by net interest income rising to $5.40 billion from $4.72 billion, while non-interest revenue jumped 31% to $3.87 billion, compared with $2.95 billion […]
Sponsored · Cambria Gold Mines
Scotiabank Sees 55% Drop In Q1 2025 Net Income Following Latin American Sale
Scotiabank (TSX: BNS) reported in Q1 2025 a sharply lower net income of $993 million, down from $2.20 billion in the same quarter last year and below the $1.69 billion earned in the previous quarter. The decline was driven primarily by a $1.36 billion after-tax impairment charge tied to the announced sale of its Colombia, […]
Golden Cariboo Hits 0.99 g/t Gold Over 237 Metres At Halo Zone
Golden Cariboo Resources (CSE: GCC) has hit a major intersection of gold mineralization at its Quesnelle Gold Quartz Mine property in British Columbia. The intersect was made as part of a step out to the Halo zone to the northwest.