Airbnb Hired A Former National Director of the NDP As Its Lobbyist
Airbnb (Nasdaq: ABNB) may be playing coy about trying to influence the government. In 2019, the company hired Nathan Rotman, former chief of staff of Alberta NDP leader Rachel Notley, and national director for the federal NDP to become its regional lead for the Northeast US and Canada. As Better Dwelling co-founder Stephen Punwasi points […]
Ford Government Tells NDP to Call 1-800-JAGMEET … But It’s the Wrong Number
If you want to contact “your friend in Ottawa,” Jagmeet Singh, please don’t listen to Paul Calandra and call 1-800-JAGMEET. The number, as Global News’ Colin D’Mello found out, is a phone sex line…as in “if you are a man seeking a woman, press one…” The video, taken from a meeting this week, shows the […]
Toronto Unveils Ambitious $36 Billion Plan for 65,000 Rental Homes
As being a landlord continues to be in vogue among Canadian officials, Toronto kicks it up a notch by unveiling an ambitious $36 billion plan to construct 65,000 rental homes over the next seven years, in response to a request from Mayor Olivia Chow and the city council. The proposal, which aims to tackle the […]
Inflation and Gaps in Support Drive Record Food Bank Usage in Canada
Food bank visits in Canada have reached an alarming new high this year, driven by the escalating cost of living, according to the Food Banks Canada HungerCount 2023 report released today. In March, visits to food banks across the country surged to nearly two million, marking a 32.1% increase compared to March 2022 and a […]
Vivek Ramaswamy’s Roivant Sells Drugmaker Televant For $7.1 Billion After Acquiring It For $45 Million From Pfizer
On Monday, Swiss healthcare firm Roche made a significant announcement, revealing its acquisition of Telavant Holdings for a substantial upfront payment of $7.1 billion. This strategic move enables Roche to gain access to a promising experimental therapy designed to combat inflammatory bowel diseases. Telavant, previously under the ownership of Roivant Sciences and with a minority […]
UAW, Ford Reach Tentative Deal That Proposes 25% Pay Bump
The United Auto Workers (UAW) union and Ford Motor Co (NYSE: F) have officially put an end to the nearly six-week strike that has gripped the automaker, as revealed by the union on Wednesday night. In a groundbreaking development, a tentative agreement has been reached, encompassing a substantial 25% pay increase over the agreement’s term. […]
Emergent Metals To Investigate 8 Km Graphite Exploration Target At Casa South Property
Emergent Metals (TSXV: EMR) has staked additional claims in Quebec. The claims, of which there are 32, cover a total land area of 1,790 hectares, and are found to the west of, and also abut, the Casa South Property.
ReconAfrica Sells Off Mexican Assets As It Works To Clean Up Balance Sheet
Reconnaissance Energy Africa (TSXV: RECO), who operates under the banner ReconAfrica, has significantly reduced legacy liabilities from its balance sheet following the sale of its Mexican operations. The operations, referred to as RenCan, have been sold to Chame Energy Corp, a privately owned company that is controlled by Edgar de la Torre, who’s family has […]
Agnico Eagle Posts US$1.64B In Revenue For Q3 2023
Agnico Eagle Mines Limited (TSX: AEM) released on Wednesday its Q3 2023 financial results, which saw the company post US$1.64 billion in revenue. This is an increase from Q3 2022’s revenue of US$1.45 billion. The company produced 850,429 gold ounces for the quarter with all-in sustaining costs of US$1,210 per ounce, up from 816,795 ounces last […]
Inflation Is Here To Stay Until 2025: Bank Of Canada
While acknowledging that inflation “has come down a lot since the summer of 2022,” the Bank of Canada believes it will take until 2025 to reach the target 2% inflation rate. “We expect inflation to ease gradually and return to the 2% target in 2025. But we’re worried that higher energy prices and persistence in […]