Performance of Canada’s Largest ETFs in 2024
Each month, we check in on the performance of the largest Canadian stock, bond, and active exchange-traded funds. The Morningstar US Market Index fell 0.30% during December and is up 35.35% over the past year. The Morningstar US Core Bond Index rose 1.08% last month and is up 10.55% over the past year. In the […]
Gold Investors Remain Optimistic for 2025 Amid Trump-Induced Volatility
Those drivers remain more or less intact going into 2025. But investors are also braced for Donald Trump’s second term and the new president’s potential impact on trade flows, inflation and the global economy. That prospect continues to spur gold buying as a way to protect wealth and hedge against potential negative shocks. Investment diversification […]
Trudeau Expected to Resign Before This Year’s Vote, Potentially Leading to Conservative Poilievre’s Election
“This country deserves a real choice in the next election, and it has become clear to me that if I am having to fight internal battles, I cannot be the best option in that election.” Keerit Jutla, CEO of the Vancouver-based Association of Mineral Exploration, said the group appreciates the government’s focus on critical minerals […]
Crunching the Numbers: Exceptional Gold and Uranium Profiles
Let’s do the Math, GREAT gold and Uranium profiles Good morning Investors! You already know that, in several contexts in recent weeks, I’ve been touching on my theme not only for markets in 2025 generally, but for the prospects of Trump 2.0 specifically: “Let’s Do the Math.” When you remove all the political bias…preconceived notions…hopeful […]
VERSES AI Announces Pricing Of Unit Offering
VERSES AI Inc. has entered into agreements with institutional and existing investors to sell 12,738,854 units for approximately CDN$20 million. Each unit comprises one Class A Subordinate Voting share priced at CDN$1.57 and one-half a share purchase warrant, exercisable at CDN$1.96 for three years. The offering is expected to close around January 9, 2024, pending […]
Biden Expands Ban on Oil and Gas Leasing in Northern Bering Sea of Alaska • Alaska Beacon
Biden extends oil and gas leasing ban in Alaska’s Northern Bering Sea • Alaska Beacon The entire Northern Bering Sea is now off-limits to oil and gas leasing, under a presidential directive announced on Monday. President Joe Biden invoked his authority under a federal law to withdraw about 44 million acres of the Northern Bering […]
Trudeau’s Resignation Adds to Growing Uncertainty…
Prime Minister Justin Trudeau’s announcement that he will step down and suspend Parliament until March 24 has thrown Canadian markets into flux. The potential for an early election and a likely shift to a fiscally conservative government could reshape Canada’s economic policy and market dynamics. Investors are grappling with how this evolving political landscape may […]
Tensions Rise Over Tariffs Within Trump’s Team
A battle is brewing over tariffs among Trump’s team CNN — President-elect Donald Trump is still pushing for universal tariffs on imports from overseas as his trade advisers are working to craft a strategy to translate his campaign pledges into policy, according to multiple people familiar with the matter. In private discussions, aides are still […]
Carvana Reestablishes Partnership with Ally Financial Following Hindenburg Report
Carvana Renews Ties With Ally Financial After Hindenburg Report Carvana has revived a deal to sell $4 billion in used-car loan receivables to Ally Financial. The yearlong arrangement, announced Monday (Jan. 6), comes days after a report by short seller Hindenburg Research claiming that Ally was stepping back from its partnership with the online vehicle […]
US Copper’s Revised PEA Projects After-Tax NPV Exceeding $1 Billion
The study envisions a mine life of 14 years, producing 903,000 tonnes of copper, plus 12 million oz. of silver and 63,000 oz. of gold. A majority of the production will come from mining the sulfide mineralization at Moonlight-Superior. US Copper CEO Stephen Dunn said the PEA, which a culmination of several years of planning, […]