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Heat-flation? Report Says Canadian Government Tried to Rename Inflation to Blame It On Climate Change

Recent reports circulating online have claimed that the Canadian government considered renaming “inflation” to terms like “heat-flation” or “climate-flation” to link rising prices with climate change.  According to Blacklock’s Reporter, a paywalled news service focusing on Canadian federal politics, the Privy Council Office allegedly conducted a focus group in April to test public reception of […]

Magna Mining PEA: A Simplified Breakdown

Magna Mining has seen a flury of activity as of late. Most recently, they released an updated preliminary economic assessment for their past producing nickel-copper Crean Hill Project, which is located in the Sudbury mining district. The assessment, which was released weeks ahead of schedule, follows the company being the talk of the Precious Metals […]

Impact of Governance on Corporate Cash: Why $1 Could Be Worth Just 42 Cents

Recent research demonstrates that the value of cash within a company can vary dramatically based on the strength of its governance. In poorly governed firms, a dollar of cash might be worth as little as $0.42. However, in companies with strong governance structures, that same dollar can nearly double in value. A study by Amy […]

Another Big Silver Deal! Coeur Mining Acquires SilverCrest for $1.7 Billion

There’s been another major silver transaction in the mining sector. Silvercrest Metals (TSX: SIL) is set to be acquired by Coeur Mining (NYSE: CDE) for a $1.7 billion price tag, to create what they call a leading global silver company. The deal follows another major transaction last month, which saw First Majestic Silver (TSX: AG) […]

Robinhood Chief Legal Officer Emerges as SEC Chair Contender If Trump Wins

Dan Gallagher, the Chief Legal Officer of popular online brokerage firm Robinhood Markets (NASDAQ: HOOD), has reportedly emerged as a leading contender to head the Securities and Exchange Commission if Donald Trump reclaims the presidency. This development, first reported on by Politico, comes as the SEC is reportedly considering legal action against Robinhood over its […]

Liberals Appoint Wife of Bloc Québécois Leader to Head Federal Research Foundation

The Liberal government has appointed Nancy Déziel as the new Chair of the Canada Foundation for Innovation’s (CFI) Board of Directors. The announcement was made by Innovation, Science and Industry Minister François-Philippe Champagne last Friday. Déziel will serve a three-year term effective September 20, 2024.  The CFI, an independent organization created in 1997, plays a […]

Geico Doesn’t Want to Insure the Tesla Cybertruck

Geico, one of America’s largest auto insurers, appears to be no longer insuring the Tesla (Nasdaq: TSLA) Cybertruck, following initial reports of the company’s refusal to renew expiring policies on the vehicle earlier this year.  The latest incident involves Robert Stevenson, a Cybertruck owner who recently received a notice from Geico saying that his insurance […]

US Investigates Major Telecom Hack Linked to Chinese Intelligence

A major cybersecurity breach linked to the Chinese government has compromised the networks of several prominent US broadband providers, including Verizon Communications (NYSE: VZ), AT&T (NYSE: T), and Lumen Technologies (NYSE: LUMN), according to an exclusive report from the Wall Street Journal.  This intrusion, discovered in recent weeks, potentially gave hackers access to sensitive information […]

Canadian Natural Resources Drops $6.5 Billion To Acquire Certain Chevron Assets In Alberta, Adds 122,500 BOE/d To Production Profile

Canadian Natural Resources (TSX: CNQ) is significantly enhancing its production profile in Alberta, announcing a transaction this morning with Chevron Canada to acquire their 20% interest in the Athabasca Oil Sands Project, as well as their 70% working interest of light crude oil and liquid rich assets in the Duvernay play. The transaction, which will […]

Ivanhoe Cuts Copper, Zinc Guidance Following Q3 Production Results

Ivanhoe Mines (TSX: IVN) this morning published its production results for the third quarter of 2024, in advance of its full financial results which are slated to be released before market open on October 30. Ivanhoe saw production of 116,313 tonnes of copper in concentrate at Kamoa-Kakula, in addition to 17,817 tonnes of zinc in […]