Trump Admin To Loan $1B To Restart Three Mile Island Nuclear Reactor
The US Department of Energy will lend Constellation Energy $1 billion to restart the former Three Mile Island Unit 1 reactor, now branded the Crane Clean Energy Center. The loan could cover most of the estimated $1.6 billion project cost, positioning the plant to supply Microsoft’s regional data centers under a 20-year power purchase agreement. […]
US Ambassador Says Fighter Jet Purchase Affects Trade Talk Prospects
The future of stalled US-Canada trade negotiations depends partly on Canada’s decision to purchase American fighter jets, US Ambassador Pete Hoekstra said Wednesday, linking two major bilateral issues as tensions between the neighboring countries remain high. Hoekstra told a manufacturing conference in Ottawa that restarting trade talks “will not be easy” and urged Canada to […]
Banks Pivot From Argentina Bailout To Stopgap Repo
US banks have shelved a headline $20 billion bailout facility for Argentina and are instead working on a far smaller, short-term repo package of around $5 billion, sharply reducing the scale of private financing attached to Washington’s support for President Javier Milei. In October, the US Treasury reached a $20 billion exchange-rate stabilization agreement with […]
Coincidence? Executive Pay Surges at Firms Receiving Ontario Training Grants
Executive salaries jumped sharply at organizations receiving millions from Ontario’s Skills Development Fund, raising questions about whether taxpayer money intended for worker training is effectively subsidizing private sector wage increases. A CTV News investigation found executive pay increased substantially at multiple fund recipients during the same period their government grants surged. At 12490625 Canada Institute, […]
Vianode Anchors Massive Investment Wave Into Canada
Norwegian battery materials maker Vianode is committing $3.2 billion to a synthetic graphite plant in St. Thomas, Ontario, pairing that outlay with a stack of Canadian and European public financing and plans to ramp employment from 300 to as many as 1,000 jobs. Ontario will support the project with a $670 million loan, complementing previously […]
Rising Originations Mask Building Stress in Canada’s Mortgage System
Canada’s Fall 2025 mortgage report shows expanding originations, modestly improving risk metrics, and stabilizing debt ratios, while elevated household leverage, surging renewals, and regional delinquency increases keep systemwide pressures high. In H1 2025, lenders grew mortgage originations versus H1 2024 as insured mortgages and refinances surged. Chartered banks issued $291 billion in newly extended mortgages, […]
British Columbia Backs Pipeline Expansion It Once Fiercely Opposed
British Columbia’s government has reversed course and now supports a proposal to boost capacity on the Trans Mountain pipeline system by roughly 40%, marking a sharp departure from its previous fierce opposition to oil infrastructure expansion. The provincial backing comes as BC Energy Minister Adrian Dix pushes optimization of the existing federally owned pipeline as […]
EU Is Now Moving To Build Critical Minerals Stockpile
The EU plans to create a central body to coordinate the purchasing and stockpiling of critical minerals to stop the US buying up global supplies from “under our noses”, the bloc’s industry chief has said. Stéphane Séjourné, the EU’s executive vice-president for industrial strategy, told the Financial Times that the EU had become “collateral damage” […]
Awale Resources Begins 88,000 Metre Drill Program At Newmont JV
Awale Resources (TSXV: ARIC) has begun an 88,000 metre drill program at their Odienne project in Cote d’Ivoire. The program is said to be part of a systematic district-scale exploration strategy, which is set to advance three targets towards an initial discovery, while also seeing the continuation of greenfield exploration across priority targets. The exploration […]
Lundin Gold Hits 491.62 g/t Gold Over 5.20 Metres At FDN South
Lundin Gold (TSX: LUG) has encountered substantial gold mineralization as part of a 2025 drill program that was centered on converting mineral resources into an initial mineral reserve estimate at Fruta Del Norte South. At the same time, exploration drilling has also encountered significant mineralization, confirming that the mineralized system is larger than previously modeled. […]