Government-Owned Tim Hortons Bleed $487K in Latest Fiscal Year
Two Tim Hortons outlets operated by Windsor Regional Hospital are losing $1,336 daily — equivalent to 645 large Double Doubles — according to new financial documents obtained by SecondStreet.org through an access to information request. The hospital-run locations lost $487,662 in fiscal year 2023/2024, following losses of $500,931 the previous year. The total deficit has […]
OMV Terminates Long-Term Russian Gas Supply Agreement
Austrian energy company OMV has announced the immediate termination of its long-term natural gas supply contract with Russia’s Gazprom Export, citing multiple breaches of contractual obligations. The decision comes after Gazprom halted gas deliveries to OMV in November 2024, ending a supply relationship that was established in 2006 and was originally set to continue until […]
Ottawa Offloads Air Canada Shares as Airline Still Owes Billions
The Canadian government has reportedly sold its approximately 6% stake in Air Canada (TSX: AC), according to multiple sources, marking the conclusion of its direct ownership in the country’s largest airline. The stake was acquired in April 2021 as part of a $5.9 billion bailout package designed to stabilize Air Canada during the COVID-19 pandemic, […]
Canada Considers Shutting Off Uranium And Oil Exports To U.S.
Canada is considering imposing an export tax on uranium and oil in response to proposed U.S. tariffs on Canadian goods, escalating tensions in an already fragile trade relationship between the two North American neighbors. The move, reportedly under discussion in Ottawa, would mark a sharp turn in Canada’s approach to managing its economic ties with […]
Sponsored · Cambria Gold Mines
Jaguar Mining Sees Brazilian Government Attempt To Freeze $47.3 Million In Cash After Tailings Landslide
Jaguar Mining (TSX: JAG) has found itself in a tough situation in Brazil following a landslide that occurred on a tailings pile associated with its Turmalina Mine. The landslide, which occurred last weekend, damaged a number of residences in a nearby town in addition to hitting an on-site gas station and several pieces of infrastructure […]
Bonterra Energy Guides To 14,700 BOE Per Day Of Production In 2025
Bonterra Energy (TSX: BNE) has released its guidance for 2025, indicated that it expects to maintain average annual production levels between 14,600 and 14,800 barrels of oil equivalent a day, with weighting of 52-54% to oil and liquids. The data was released within a preliminary 2025 budget, which expects to see capital expenditures in a […]
G2 Goldfields To Transfer Non-core Assets To G3 Subsidiary In Advance Of Proposed Spinout
G2 Goldfields (TSX: GTWO) is set to transfer a number of its non-core assets to its G3 Goldfields subsidiary, along with cash, in advance of a proposed spinout. The spinout is set to see a total of five non-core properties placed into a new entity in an effort to unlock value for shareholders. The transaction […]
Trudeau’s Outreach to Carney Raises Questions About Freeland’s Position
Is he going to make her take the fall?
Sponsored · Cambria Gold Mines
Cytophage Enters Partnership To Launch Phage Clinical Treatment Program In Manitoba
Cytophage Technologies (TSXV: CYTO) announced a landmark agreement this morning that will see the establishment of Manitoba’s first Phage Clinical Treatment Program. The program will aim to offer new options for patients to manage antibiotic-resistant infections.
Amazon Autos Takes On Car Dealerships With A New Way To Buy Cars Online
Amazon (NASDAQ: AMZN) launched Amazon Autos on Tuesday, an e-commerce platform allowing customers to browse, purchase, and finance new vehicles entirely online. Initially partnering with Hyundai, the platform is available in 48 major U.S. cities, including Atlanta, Chicago, Los Angeles, New York, and Boston, with plans to expand both geographically and in manufacturer partnerships in […]