Kash Patel to Visit Moscow and St. Petersburg in October, Politico Reports
Patel’s planned Russia trip comes as Congress investigates his travel spending and pushes for new sanctions on Moscow over the war in Ukraine.
Carney On Fresh US Tariffs: “Canada Believes In The Benefits Of Free And Fair Trade”
Prime Minister Mark Carney is responding to the latest US tariff threat by avoiding an immediate trade war and instead positioning Canada for a longer confrontation built around negotiation, economic preparation, and domestic coordination. “These include tariffs on the Canadian auto sector, in violation of CUSMA. Canada, as is its right, has merely matched those […]
Microsoft Weighs Chinese Open-Weight Model for Copilot as AI Costs Mount
A potential switch to China’s Kimi K3 could save Microsoft up to $600 million in AI inference costs, even as Washington weighs restrictions on Chinese open-weight models.
South Korean Investor Paid Trump $2 Million While Its Firm Fought Trade Penalties
The payment came from the lead investor in a South Korean aluminum firm fighting US tariff penalties, one piece of at least $125 million Trump’s company collected from foreign sources last year.
Sponsored · Selkirk Copper Mines
IRGC Says It Destroyed Amazon Infrastructure in Bahrain
Iran’s Revolutionary Guard says it destroyed Amazon’s central data infrastructure in Bahrain with cruise missiles. Neither Amazon nor Bahraini authorities have confirmed the claim.
Trump Invokes 1930 Trade Law for 50% Tariffs on Canadian Goods
A dormant clause of a nearly century-old trade statute is now the foundation of Washington’s latest escalation against its northern neighbour, with President Donald Trump reaching for a legal tool that has never before been deployed in this way. Trump signed three proclamations on Monday imposing 50% tariffs on a broad range of Canadian goods, […]
Paramount’s Warner Bros. Acquisition Stalled by Antitrust Order
A two-week freeze on Paramount’s roughly $110 billion purchase of Warner Bros. Discovery landed Monday, courtesy of a federal judge who sided with a coalition of a dozen Democratic state attorneys general seeking to block the deal. Company executives had counted on wrapping up firm control of the Hollywood rival by the end of this […]
Canadian Utilities Wins AUC Approval for $2.9B Yellowhead Pipeline
Canadian Utilities has secured final approval from the Alberta Utilities Commission for its Yellowhead Pipeline project, clearing the way for construction to begin immediately. The ATCO subsidiary will invest an estimated $2.9 billion in the natural gas line, one of the larger infrastructure builds the company has taken on. The approved pipeline runs 235 kilometres […]
Sponsored · Altamira Gold Corp.
How Copper Is Holding On Amid The Fluctuating Markets
Copper prices are holding firm despite a series of macroeconomic pressures that would normally weigh on industrial metals, with traders increasingly focused on a physical market signal: China’s shrinking copper inventories. Visible copper cathode stocks in China have fallen to the bottom end of their historical seasonal range, according to data presented in a Goldman […]
Alberta Data Centre Demand Could Lift Wholesale Electricity Prices
Alberta’s first hyperscale artificial intelligence project has exposed a timing gap in the province’s strategy for protecting electricity customers from the costs of data-centre expansion. Meta Platforms is expected to begin receiving 250 megawatts from Capital Power’s existing Alberta fleet during the second half of 2028. The dedicated 932-megawatt Greenlight generation facility intended to support […]