Ford Avoids Strike In Canada, Reaches Tentative Deal With Unifor

Ford on Tuesday night successfully averted a potential strike by Canadian auto workers by reaching a tentative agreement with the Canadian labor union Unifor. This development comes amidst ongoing labor strikes in the United States. In a statement sent via email, Unifor announced that the tentative deal covers 5,600 workers located in the provinces of […]

Parkdale Properties in Toronto Ban Electric Vehicles, Citing Lithium Battery Risks

Oberon Development Corporation, a real estate company with properties in Toronto’s Parkdale neighborhood, has imposed a ban on the use of electric vehicles within its premises. Notices were prominently posted at 110 and 120 Jameson Ave., explicitly stating that electric transportation vehicles, including e-bikes, scooters, motorbikes, hoverboards, and more, are strictly prohibited anywhere on the […]

Credit Card Debt Hits New All-Time High in Canada

Canadian credit card balances have surged to an unprecedented high, reaching $107.4 billion in the second quarter of 2023, according to Equifax Canada’s latest report.  This alarming increase reflects growing financial strain in the face of inflation and climbing interest rates. Equifax Canada’s report further reveals that total consumer debt in Canada skyrocketed to a […]

Cybin Rallies After Steve Cohen’s Point 72 Disclosed 8.1% Equity Purchase

Renowned hedge fund manager and Wall Street mogul Steve Cohen is showing his confidence in the psychedelic sector. Cohen’s hedge fund, Point 72, which manages a staggering $26 billion in assets, recently revealed in a new filing that it has acquired more than 18 million shares of Cybin (NYSE: CYBN). This marks Point 72’s first […]

Is Elon Musk Going to Make Everyone Pay for Twitter?

Elon Musk has suggested the possibility of implementing a monthly payment system for access to the social media platform formerly known as Twitter, now referred to as X.  In a conversation with Israeli Prime Minister Benjamin Netanyahu, Musk discussed the need for a payment system as a means to combat the issue of bots on […]

US National Debt Hits New Landmark of $33 TRILLION

The US national debt has surged to a staggering $33 trillion, as confirmed by the Treasury Department’s daily report. A quick glance at the real-time US debt clock website showcases an even more precise figure, $33.04 trillion, with the debt to GDP ratio settling uncomfortably at 122.4%. Treasury Secretary Janet Yellen, while admitting that the […]

Judge Denies SEC Request To Probe Binance.US: “We Need More”

The United States Securities and Exchange Commission (SEC) faced a setback in its pursuit of immediate access to Binance.US’s software, as the presiding judge expressed reluctance to grant such access during a hearing held on September 18. This hearing revolved around the SEC’s motion to compel Binance to provide detailed information and facilitate depositions with […]