Liberals Lost A “Guaranteed” Seat In Toronto-St. Paul’s Byelection
In a blow to Liberal’s election prospects, the Conservative Party secured a significant victory in the Toronto-St. Paul’s byelection held on June 24, 2024. Conservative candidate Don Stewart narrowly defeated Liberal contender Leslie Church by a margin of 590 votes, marking a historic win in a riding that has been a Liberal stronghold for over […]
‘Portal to Hell’: OceanGate Co-Founder Unveils New Expedition
One year after the tragic OceanGate Titan submersible incident, Guillermo Söhnlein, co-founder ofOceanGate, is planning a new underwater expedition. Söhnlein, who left OceanGate in 2013, has set his sights on Dean’s Blue Hole, a 663-foot deep sinkhole in the Bahamas, through his new venture, Blue Marble Exploration. The mission, called the Sapphire Abyss, aims to […]
BOJ Considers Bold Policy Shift Amid Yen Weakness and Inflation Concerns
The Bank of Japan (BOJ) is hinting at a more aggressive quantitative tightening plan for July, potentially coupled with an interest rate hike. This move marks a significant step back from the central bank’s longstanding monetary stimulus policy. Recent hawkish signals from the BOJ reflect growing pressure to address renewed yen weakness, which could push […]
China Becomes First Nation to Return Lunar Samples from Far Side of Moon
China made history on Tuesday as its Chang’e-6 lunar probe successfully returned to Earth, landing in Inner Mongolia at 2:07 p.m. Beijing time. This mission marks the first time any nation has retrieved samples from the far side of the moon, specifically from the South Pole-Aitken Basin. The mission, which launched on May 3 from […]
Sponsored · Selkirk Copper Mines
Are There No Jobs For Canadians?: Surge in Demand for Temporary Foreign Workers in Canada Raises Concerns
Businesses’ demand for temporary foreign workers has surged across Canada, with employers receiving approval to hire more than double the number of workers through the federal program last year compared to five years ago. According to an analysis by CBC News of federal data, 239,646 temporary foreign workers were cleared for employment in 2023, a […]
Julian Unchained: Assange to Walk Free After Guilty Plea
WikiLeaks founder Julian Assange plans to plead guilty to a conspiracy charge this week as part of a plea deal with the U.S. Justice Department that will allow him to go free after spending five years in a British prison, according to recently filed court documents. Assange’s appearance is scheduled for Wednesday in the U.S. […]
Heap Leach Failure at Eagle Gold Mine: No Injuries Reported, Investigations Ongoing
Victoria Gold Corp (TSX: VGCX) has confirmed that no injuries were associated with the failure and landslide at the Eagle Gold Mine’s heap leach facility north of Mayo, Yukon. In a message posted on their website and sent out via email, the company acknowledged some damage to the mine’s infrastructure, noting that “a portion of […]
Hut 8 Announces $150 Million Investment from Coatue Management In A Bid For AI Shift
Hut 8 Corp. (TSX: HUT) announced today that it has secured a $150 million investment from a fund managed by Coatue Management. This significant capital infusion is structured as a convertible note. The partnership highlights Coatue’s strategic focus on advancing artificial intelligence (AI) and compute capacity. Robert Yin, Partner at Coatue, emphasized the strategic fit […]
Sponsored · Cambria Gold Mines
Mt. Gox to Begin Repaying Creditors in July, A Decade After Collapse
Mt. Gox, the once-prominent cryptocurrency exchange that collapsed in 2014, is set to begin repaying creditors after a decade-long wait. According to a June 24 announcement, the exchange’s rehabilitation trustee will start processing payments in Bitcoin (BTC) and Bitcoin Cash (BCH) beginning July 2024. The Tokyo-based exchange, which handled approximately 70% of all Bitcoin transactions […]
Canadian Homeowners May Be Facing Downsizing Pressure Amid Housing Affordability Crisis
A recent Wahi survey reveals a concerning trend in the Canadian housing market, with downsizing emerging as the leading reason for homeowners to sell their properties. This shift suggests that many Canadians may be grappling with eroding affordability despite attempts to maintain their current living situations. The 2024 Home Seller Intentions Survey found that 37% […]