Canada Faces Challenges in EV Adoption, Survey Finds
As Canada anticipates the influx of electric vehicles (EVs), a recent Ipsos Canada survey commissioned by BrokerLink has uncovered significant gaps in readiness among Canadians. The survey, conducted from August 1-4, 2023, indicates that while 59% of non-EV owners express excitement about driving an electric vehicle in the future, 71% of current gas-powered vehicle owners […]
Universities Lose Donors Over Refusal To Condemn Hamas On War With Israel
Tensions between college campuses and their big-money donors continue to escalate as wealthy contributors express their dissatisfaction with responses to the Israel-Hamas war. In recent days, notable figures have chosen to withhold their financial support in protest. Last week, Marc Rowan, CEO of Apollo Global Management, not only called for the resignation of the University […]
FPX Nickel: The Baptiste Project & Recent Strategic Partnerships – With Martin Turenne
Martin Turenne, CEO of FPX Nickel Corp (TSXV: FPX) joins us today on the Daily Dive to share his bullish outlook on nickel, which is based on the increasing demand for electric vehicle batteries and the transition to a low-carbon economy. We then zoom in on the junior markets and what he suggests retail investors […]
Tesla To Recall More Than 50,000 Model X Vehicles Anew
In a recent announcement, the U.S. auto regulator revealed that Tesla (Nasdaq: TSLA) is conducting a recall affecting 54,676 Model X vehicles produced between 2021 and 2023. This recall has been initiated due to a potential issue with the vehicle controller, which may fail to detect low brake fluid levels and fail to activate a […]
Stockholm to Ban Gasoline and Diesel Cars Beginning 2025
Stockholm, Sweden, is set to become the first European capital to impose a ban on gasoline and diesel-fueled cars in a downtown commercial district starting in 2025, according to an announcement by city official Lars Strömgren. The ban, covering a 20-block area of shops, pedestrian walkways, and some residential areas, is aimed at curbing pollution, […]
Pay-To-Tweet? X (fka Twitter) Will Reportedly Charge Users To Access Features Like Tweeting
Free speech is apparently not free anymore for the free speech absolutist Elon Musk. His company X, the platform previously recognized as Twitter, is set to introduce a $1 annual fee for new users, granting them access to pivotal features such as tweeting, replying, quoting, reposting, liking, bookmarking, and creating lists. This development aligns with […]
Ottawa Pushes For Reduced Banking Fees … For More Reckless Lending
Finance Minister Chrystia Freeland revealed during a news conference that Ottawa is implementing new guidelines to assist financially stressed mortgage borrowers in managing their increasing payments. Additionally, the government is instructing the Financial Consumer Agency of Canada (FCAC) to establish expectations for lenders to reduce fees associated with personal banking accounts and services, including overdraft […]
OSFI Sticks With Loan-To-Income, Drops Debt-To-Income On Mortgage Underwriting Rules Overhaul
Canada’s primary banking regulator has decided to shelve certain critical proposals designed to strike a balance between safeguarding homebuyers from excessive debt burdens and safeguarding the financial stability of banks. The Office of the Superintendent of Financial Institutions (OSFI) made this announcement on October 16, following feedback from lenders received since January. They have chosen […]
Surge Battery Metals Hits 29.8 Metres Of 3,841 ppm Lithium, Extends Strike To Northwest
Surge Battery Metals (TSXV: NILI) has officially extended the strike length of mineralization at its flagship Nevada North Lithium Project. Strike was extended to the northwest following further drill results. The extension follows the results of two drill holes releases by the company this morning, the highlights of which include: NN2303: 21.3 metres of 3,064 […]
Scotiabank To Cut 3% Of Staff Globally
Scotiabank (TSX: BNS) is expecting a rough fourth quarter financially, disclosing this morning that it will be taking several charges as it looks to right size its operation. First and foremost, the company anticipates a restructuring charge of $247 million to be taken during the quarter on a post-tax basis, which relates to workforce reductions […]