Is Canada Banning WD-40?
Beginning January 1, 2024, Canada will implement concentration limits for volatile organic compounds (VOCs) in certain products including those used for personal care, automotive and household maintenance, adhesives, adhesive removers, sealants and caulks, and other miscellaneous products. VOCs, which cause ground-level ozone and particulate matter, the two main components of smog, are toxic under the […]
SEC Probes Ryan Cohen’s Bed Bath & Beyond Shares Sale Amid Meme Stock Craze
The Securities and Exchange Commission (SEC) is currently investigating the ownership and unexpected sale of Bed Bath & Beyond (NASDAQ: BBBY) shares by billionaire Ryan Cohen during the era of meme stocks’ popularity among investors. Cohen initially acquired a substantial $120 million stake in Bed Bath & Beyond, advocating for changes in the retailer’s sales […]
Ex-FTX Exec Ryan Salame’s $1.6-Billion Guilty Plea Might Actually Be A Bargain For Him
Ryan Salame, a former executive at FTX, has pled guilty to campaign finance and money-transmitting crimes in a New York federal court. As part of his plea agreement, Salame has agreed to forfeit his own properties touted to be worth nearly $1.6 billion. This high-profile case sheds light on a complex web of political contributions […]
Zack Morris Faces Fresh Fraud Lawsuit Seeking $1 Million In Damages
A lawsuit has been filed against social media influencer Zack Morris, legally Edward Constantin, seeking more than $1,000,000 in relief. The plaintiff, Ali Pourmemar, alleges that he lost a staggering $250,000 following Morris’s stock recommendations, accusing him of fraud by nondisclosure. Pourmemar is now seeking a jury trial to address the claims. Pourmemar, an active […]
Metalla Royalty To Acquire Nova Royalty For $190 Million
Consolidation continues in the mining sector, with two royalty-focused companies this morning disclosing that they will be combining forces to create an intermediate royalty company. Metalla Royalty & Streaming (TSXV: MTA) will be acquiring that of Nova Royalty Corp (TSXV: NOVR) in an all-stock transaction. The deal will see Nova shareholders receive 0.36 of a […]
Canada’s Employment Levels Continue Trending Upward in August
August 2023 saw an employment boost of 40,000, a 0.2% increase from July’s numbers. This uplift continues a positive trend observed since the beginning of the year, bringing the total employment rise to 174,000, or an average monthly hike of 25,000 jobs. However, an interesting factor that has added a layer of complexity to these […]
Is Tiff Macklem Throwing in the Towel? BoC Governor Hints at Adjusting 2% Inflation Target
The Bank of Canada and its Governor, Tiff Macklem, have found themselves at a crucial juncture. Amid growing concerns over inflation, the central bank’s key interest rate remained unaltered at 5%, following two rate increments over the summer. While the bank has hiked rates 10 times in the past 18 months to curb spending, encourage […]
Single-Family Homes Drive Canadian Residential Boost Amidst Overall Permit Decline in July
In July, Canada experienced a 1.5% decline in the total monthly value of building permits, totaling $11.7 billion. Surprisingly, this dip occurred even as the residential sector reported a 5.4% monthly gain. The residential sector’s upward movement in July was primarily led by Ontario, which saw a staggering increase of 23.9%, contributing $3.5 billion. This […]
Ontario Premier Doug Ford Orders Tougher Penalties for Lobbyists Amid Scandal
Ontario Premier Doug Ford has taken action in response to a troubling integrity commissioner report, instructing the province’s attorney general to review and enhance legislation governing lobbyists. The move is prompted by revelations of unfair advantages given to certain developers with connections to the housing ministry regarding the removal of Greenbelt land. The report also […]
Nina Agdal, Logan Paul’s Fiancee, Sues Dillon Danis; Argues Danis Acknowledges His Fault
Nina Agdal, Logan Paul’s fiancée, has reportedly initiated legal proceedings against Dillon Danis and sought a restraining order in response to relentless harassment she endured on social media. This controversy erupted after Danis shared a provocative video on his social media accounts, alleging that the woman featured in the video was Agdal. Despite his claims, […]