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No Government Bailout for Northvolt, Says Swedish Prime Minister

Northvolt will need to figure its future out on its own, it appears. Swedish Prime Minister Ulf Kristersson said that the government will not acquire a stake in the battery maker. Kristersson’s comments follow Northvolt’s recent decision to reduce operations and cut jobs, raising concerns about Europe’s domestic electric vehicle battery industry. The Prime Minister […]

Survey Reveals Trudeau’s Approval Ratings at All-Time Low

Prime Minister Justin Trudeau’s approval ratings have plummeted to an all-time low, according to a recent national survey conducted by Abacus Data. The poll, which surveyed 2,964 Canadian adults from September 5-12, 2024, reveals a stark decline in public support for the Prime Minister. Only 22% of Canadians now hold a positive view of Trudeau, […]

TD Enters E-commerce Arena, Aims to Compete with Shopify

Toronto-Dominion Bank (TSE: TD) has entered the e-commerce arena with a new platform designed for small businesses, marking a significant move in the Canadian financial sector. This initiative, a first for a Canadian bank, is being launched in partnership with Austin-based software company BigCommerce (Nasdaq: BIGC). The new platform aims to compete with established players […]

How Market Speculators Are Disappearing Amid Vancouver’s Real Estate Collapse

In the wake of Vancouver’s turbulent real estate market, a new and disturbing trend is emerging—developers and speculators vanishing when their projects crumble. As massive debts pile up and projects face foreclosure, key figures behind these real estate ventures have disappeared, leaving a trail of unpaid creditors, investors, and unfinished developments. One of the latest […]

Germany Begins Expanded Border Controls Amid Migration Concerns

Germany has announced plans to implement stricter border controls at all of its land frontiers. The decision, to take effect on Monday, will expand existing checks to include borders with France, Luxembourg, Belgium, the Netherlands, and Denmark. Interior Minister Nancy Faeser stated that the measure aims to address irregular migration and enhance security against potential […]

Canadian Home Prices at 1988 Levels … When Measured in Gold

While Canadian home prices have become less affordable in dollar terms, they have actually returned to 1988 levels when measured against gold, according to an analysis by Hanif Bayat, founder and CEO of personal finance company WOWA Leads Inc. Bayat shared his findings on social media, saying: “Homes are becoming less affordable, but in terms […]

Declassified Report to Reveal Russian Interference in U.S. and Canadian Politics

The United States Department of Justice is set to declassify an expansive report detailing Russia’s global disinformation network, shedding light on the Kremlin’s widespread efforts to influence democratic processes in North America and beyond. The report, expected to be released this week, comes amid escalating concerns over Russian interference in Western elections and democratic institutions. […]

30-Year Mortgages For All: Canada Again Changes Mortgage Rules For First Time Homebuyers

In a move to address Canada’s housing affordability crisis, Finance Minister Chrystia Freeland announced significant changes to federal mortgage policies on Monday. The reforms, described as the most substantial in decades, aim to make homeownership more accessible for first-time buyers and stimulate the new construction market. Effective December 15, the price cap for insured mortgages […]

Nuclear Power at Risk: Russia and Kazakhstan Threaten to Cut Uranium Exports

The international uranium market is facing growing uncertainty as both Russia and Kazakhstan signal potential disruptions to their exports, which could have far-reaching consequences for Western nuclear energy utilities, particularly in the United States and Europe. With uranium being a critical resource for nuclear power, any significant changes in the supply chain could send ripples […]

Air Canada and ALPA Reach Tentative Four-Year Agreement, Details Still Confidential

Air Canada (TSX: AC) has reached a tentative four-year collective agreement with the Air Line Pilots Association (ALPA), which represents over 5,200 pilots at Air Canada and its low-cost subsidiary, Air Canada Rouge. This deal comes after months of negotiations and mounting concerns over a potential pilot strike that could have disrupted travel across Canada […]