Florida Gov. DeSantis to Put Property Tax Abolition on 2026 Ballot
Florida Gov. Ron DeSantis confirmed Tuesday he will ask voters in November 2026 to abolish property taxes for homeowners, a sweeping proposal that would eliminate the primary funding source for schools, police, and fire departments statewide. Voters must approve the constitutional amendment with a 60% supermajority. “Your personal home — you shouldn’t rent it from […]
More Countries Convert Chinese Debt to Yuan to Cut Interest Costs
Kenya and Ethiopia are restructuring billions in Chinese debt, abandoning the US dollar for yuan-based repayment in deals that slash interest expenses while advancing Beijing’s push to expand its currency’s international reach. Kenya finalized a $3.5 billion currency swap in early October, Finance Minister John Mbadi announced. The restructuring cuts Kenya’s annual debt payments to […]
Whitecap Q3 Revenue Jumps 86% as EPS Drops 63%
Whitecap Resources (TSX: WCP) reported Q3 2025 revenue of $1.66 billion, up 86% from $890.9 million a year earlier. The quarter reflects a materially larger production base following the May 12 closing of the Veren combination and sets up higher full-year guidance alongside a 2026 capital plan. Despite the revenue surge, per-boe economics weakened. Petroleum […]
Canadian Manufacturers Blame Ottawa, Not Trump’s Tariffs, for Economic Woes
A coalition of Canadian manufacturers has launched a billboard campaign across the country blaming Ottawa for the nation’s economic struggles, arguing the federal government poses a greater threat to the economy than trade tensions with Washington. The Coalition of Concerned Manufacturers and Businesses Canada erected billboards declaring “Ottawa is more detrimental to Canadians than Washington […]
What Carney’s Pre-Budget Address Was Really About
Prime Minister Mark Carney used a nationally televised pre-budget address to set an “ambitious” 10-year goal to double Canada’s non-US exports and to preview a Climate Competitiveness Strategy as the centerpiece of the upcoming Budget 2025 on November 4. Carney quantified the target as roughly $300 billion in additional trade with markets outside the US […]
Rogers Posts Q3 2025 Net Income Surge To $5.8B Post-MLSE Deal
Rogers Communications (TSX: RCI.B) reported its Q3 2025 financials, with revenue at $5.35 billion, up 4% year over year from $5.13 billion. On a segmented basis, wireless revenue increased 2% to $2.66 billion due to equipment revenue jumping 9%. Cable revenue increased 1% to $1.98 billion while media revenue climbed 26% to $753 million with […]
Freeport Posts Revenue Jump In Q3 2025 Despite Grasberg Halt
Freeport (NYSE: FCX) posted its Q3 2025 results this morning, notching quarterly revenue of $6.97 billion, up 2.7% year over year as stronger realized prices offset lower volumes linked to the Grasberg mud-rush suspension, which reduced copper production by about 90 million pounds and gold by roughly 80,000 ounces during the quarter. Consolidated copper sales […]
Tesla Sees Profit Plummet Despite Revenue Jump In Q3 2025
Tesla (NASDAQ: TSLA) reported Q3 2025 revenue of $28.1 billion, up 12% year over year, while operating income fell 40% to $1.6 billion, compressing the operating margin to 5.8%. Segment revenue showed mixed drivers: automotive rose 6% to $21.2 billion, energy generation and storage jumped 44% to $3.4 billion, and services and other increased 25% […]
Anfield Energy Set To Launch Construction Of Velvet-Wood Uranium-Vanadium Mine
Anfield Energy (TSXV: AEC) is set to formally launch construction activities for the Velvet-Wood uranium-vanadium mine in San Juan County, Utah. The company this morning revealed the decision to move forward with construction following the announcement of a planned ground breaking ceremony on November 6.
G Mining Formally Approves Construction Of Oko West Gold
G Mining Ventures (TSX: GMIN) is officially moving forward with the development of a second mine, putting the company on the path of becoming a multi-asset producer. The firm this morning announced a formal construction decision for their Oko West Gold Project in Guyana. The formal construction decision is said to come at an initial […]