Wilkinson Calls Moe’s Move Irresponsible, But NDP Says It Will Back Conservative Motion on Federal Carbon Tax
Canada’s energy minister has criticized the province of Saskatchewan for its decision not to collect a federal carbon tax on natural gas, escalating a growing dispute between Ottawa and the provinces. Energy and Natural Resources Minister Jonathan Wilkinson called Saskatchewan’s stance “irresponsible” and expressed the need to respond to such actions. Prime Minister Justin Trudeau […]
Can Ozempic Topple Fast Food Demand?
GLP-1 medications like Ozempic and Wegovy could mean serious trouble for the quick-service restaurant (QSR) industry. Recent insights from Earnest credit card data revealed that the top 10% of customers at major fast food brands accounted for 39% – 47% of total spending in 2023. Notably, well over half of sales at popular chains like […]
Ford Gov’t Headed For Massive Budget Deficit Due To Interest Rates And $3B Infrastructure Bank
Ontario’s journey towards fiscal balance has encountered unexpected hurdles, according to the Ministry of Finance. Elevated interest rates and persistent inflation are exerting pressure on the province’s economy, resulting in a longer road to financial equilibrium than previously anticipated, as highlighted in the spring budget. The anticipated deficit for the current year has ballooned to […]
Monarch Mining Sees Investissement Quebec Call In Loan
Monarch Mining (TSX: GBAR) is the latest junior mining company to effectively go belly up, after the firm today revealed that it has been served with a prior notice of exercise of a hypothecary right by Investissement Quebec. The exercise of the right relates to loans granted by Investissement Quebec back in 2021. The loan, […]
Radiation Concerns Over Toronto 5G Cellphone Tower Prompt Teacher Work Refusal
Several teachers at William Lyon Mackenzie Collegiate Institute in Toronto have returned to work after raising safety concerns regarding potential radiation exposure from a nearby cellphone tower. In a letter addressed to parents, guardians, caregivers, and students, the school’s principal, Cynthia Nguyen, explained that 18 staff members initiated a work refusal process due to health […]
Ero Copper Sees Net Income Crater 90% In Q3 2023
Ero Copper Corp. (TSX: ERO) reported its Q3 2023 financials, headlined by a quarterly revenue of $105.2 million. This is an increase from both Q2 2023’s $104.9 million and Q3 2022’s $85.9 million. “2023 continues to be a pivotal year for Ero Copper as our near-term growth projects reach critical milestones and we continue to […]
Trudeau Targets Investors as Housing Affordability Worsens in Canada
Housing affordability in Canada is facing a mounting crisis, with housing construction not keeping pace with population growth since the 1970s. While experts and the Canada Mortgage and Housing Corp. (CMHC) have highlighted the need for 5.8 million new homes by 2030 to restore affordability, Prime Minister Justin Trudeau recently placed the blame on investors […]
Bitcoin Magazine Threatened With Lawsuit By Federal Reserve Over FedNow Parody Merch
The Federal Reserve is said to have threatened to sue Bitcoin Magazine over copyright infringement. The infringement relates to parody merch sold by the Bitcoin Magazine related to the Federal Reserve’s FedNow system for interbank clearing and settlements. The legal threat comes from the Federal Reserve Bank of Chicago, who claims that the parodies are […]
Hertz Lithium Identifies 7 Pegmatite Occurrences At AC/DC Project
Initial fieldwork has yielded positive results for Hertz Lithium (CSE: HZ) at its recently acquired AC/DC project in the James Bay Region of Quebec.
Magna Mining Intersects 96 Metres of 0.75% Nickel, 1.29% Copper At Crean Hill
Magna Mining (TSXV: NICU) has continued to see positive results from exploration of its Crean Hill Project in Ontario. Details on four holes were released this morning, with the targets including three separate footwall zones, as well as the main zone. Highlights from the results include: MCR-23-049A: 1.12 metres of 1.93 g/t platinum + palladium […]