US-Canada Tariff Disputes Shaking Financial Markets
The S&P/TSX Composite Index losses in afternoon trading, recovering from a 2% decline in the morning of March 04 as sweeping new US tariffs on Canada took effect. The broad-based declines were driven by energy and tech stocks with the S&P/TSX Capped Energy Index and the S&P/TSX Capped Information Technology Index opening lower, extending their […]
Evolution Petroleum Acquires Oil and Gas Assets at a 40% Discount to PV-10 Valuation
Evolution Petroleum Acquires Oil & Gas Assets at 40% Discount to PV-10 Value 03/04/2025 – 07:45 AM Strategic Benefits of the Acquisition: Adds approximately 440 net BOEPD of stable, low-decline production.Enhances cash flow visibility with a balanced commodity mix.Strengthens Evolution’s long-term dividend sustainability.Offers low-risk development opportunities with potential for incremental production growth.~2.8x estimated Adjusted EBITDA1 […]
Is a Stock Market Rotation in Progress? How Long Will It Continue?
The big rally in the stock market may have stalled, but there’s been lots of churn under the surface. The Morningstar US Market Index has slipped into the red this year, falling 0.25% since the beginning of January. Technology stocks, which were far and away the largest contributor to the big bull market in 2023 […]
VERSES® Announces Conversion of Strategic Investment by
VERSES AI Inc. announced the conversion of Convertible Debentures held by Group 42 Holding Ltd (G42) into units of the Company. G42 invested $10 million in June 2024 through a private placement, which included unsecured convertible debentures and detachable share purchase warrants. Each Conversion Unit comprises one Class A Subordinate Voting Share and half a […]
Electrovaya Receives Additional US$4.2 Million Battery Order for Existing Cold Storage Operator
Electrovaya Inc. has received a repeat purchase order valued at approximately US$4.2 million from a large cold storage logistics operator in the U.S., which already utilizes Electrovaya’s Infinity Battery Technology across six facilities. This company plans to expand its use of Electrovaya batteries for both existing operations and new construction. Dr. Jeremy Dang, Vice President […]
Nutrien Forecast: Stock Price Reflects Diminished Expectations…
Nutrien’s NTR profits fell in 2023 and 2024 largely due to falling fertilizer prices, but we see a rebound in 2025. Why it matters: Because Nutrien is the largest fertilizer producer in the world by capacity, its share price and underlying business results, including revenue, profits, and free cash flow, are sensitive to fertilizer prices. […]
Patriot Battery Uncovers Significant Caesium Zone in Québec
Patriot Battery discovers ‘large’ caesium zone in Québec Patriot Battery Metals (ASX:PMT) has made a substantial discovery at the CV13 pegmatite site, part of its Shaakichiuwaanaan Project located in Québec, Canada. The company has identified a significant zone of caesium mineralisation, revealing an area of caesium enrichment that extends over 600 meters by 400 meters. […]
USD/CAD Targets Breakout Ahead of Tariff Deadline
USD/CAD Eyes Breakout as Tariff Deadline Approaches ● The US Dollar’s recovery on tariff talk is causing the USD/CAD pair to bounce.● The main events to watch out for this week are the US PCE data and Canadian GDP for Q4.● A close above 1.43100 on the daily candle chart would signal a structural shift […]
Stocks and Canadian Dollar Plummet as Trump Doubles Down…
US President Donald Trump said he intended to proceed with 25% tariffs on Canadian good after the monthlong pause lapses midnight tonight. “With no reprieve seemingly forthcoming, Canada must brace for the immediate impact of U.S. tariffs,” warns Eric Lascelles, chief economist at RBC Global Asset Management. Retaliatory tariffs by Canada are a certainty, alongside […]
Increase in Car Finance Complaints Linked to Rising Commission Issues
Car finance complaints go up with more commission problems The Financial Ombudsman Service (FOS) said it received 68,430 complaints in general between October and December 2024, and complaint volumes in the current financial year remain significantly higher than in 2023/24. The FOS resolves customer complaints about financial firms. It has heard from people claiming they […]