Canada Nickel’s Crawford Federal Approval Shifts the Risk to Financing
Canada Nickel (TSXV: CNC) has cleared the federal environmental assessment for its Crawford Nickel Project, removing a major regulatory obstacle while exposing the next challenge facing the proposed Ontario mine: financing a development whose two principal construction stages were estimated to cost approximately US$3.55 billion. That transition comes as the pre-revenue developer works to arrange […]
Why the US Warned Banks About Possible Yen Intervention
The US Treasury’s reported warning to banks may be designed to move the yen before Washington commits any reserves, but an actual purchase would carry consequences far beyond Japan’s currency market. US participation would convert Tokyo’s repeated defense of the yen into a coordinated attempt to push back against dollar strength. That could force investors […]
TELUS Cuts Dividend 55% as Shares Plunge 12%
TELUS Corporation (TSX: T) used its first quarterly report under new CEO Victor Dodig to dismantle several financial commitments inherited from the company’s previous strategy, cutting its dividend by 55%, reducing its 2026 outlook, delaying its debt target, and recording a $2.1 billion impairment against TELUS Digital. The combined reset sent TELUS shares down 11.9% […]
The India Problem In Jagmeet Singh’s Destination Canada Appointment
Former NDP leader Jagmeet Singh’s reported candidacy to lead Destination Canada would place a former opposition leader with no disclosed tourism-management record in charge of an increasingly commercial Crown corporation, potentially displacing an internal executive with finance, data, and operational experience. CTV News reported Thursday that Singh is being considered for appointment as Destination Canada’s […]
Sponsored · Selkirk Copper Mines
Algoma Posts Record Plate Sales While Its Submarine Deal Collapses
Plate volumes hit 125,000 tons as Algoma’s pivot to Canadian buyers gains traction, but its Hanwha Ocean submarine-steel deal died when Ottawa picked a rival shipbuilder instead.
Loblaws Profit Growth Is Coming From Outside the Grocery Aisle
Loblaw Companies (TSX: L) produced 11.9% adjusted earnings-per-share growth in Q2 despite generating only 1.6% same-store growth from its food retail business. The difference came from several places outside conventional grocery sales. Pharmacy revenue grew faster than food revenue, newly opened stores expanded Loblaw’s selling space, online delivery continued growing at a double-digit rate, and […]
US State Department Embarrasses Itself With A Mislabeled Africa Map
A former State Department official says the error is what happens when you gut a third of the department’s staff.
DOJ Turns Over Unredacted Epstein Files For Judge’s Review
The records aren’t public, and the judge alone will now decide whether DOJ’s redactions actually hold up.
Sponsored · Selkirk Copper Mines
BP Moves To Sell North Sea Business After 60 Years
The unit produces 117,000 barrels a day and employs 1,100 people, and BP says someone else can do more with it.
Spain Deploys Troops To Ceuta After Mass Migrant Crossing Turns Deadly
A Spanish Supreme Court ruling removed the fast-return mechanism authorities relied on, and thousands crossed within days.