Will It Reduce Carbon Emissions or Limit Production? • Carbon Credits
Will It Cut Carbon or Curb Production? • Carbon Credits Canada’s upcoming emissions cap on the oil and gas sector aims to cut greenhouse gas emissions by 37% by 2030 from 2022 levels. However, the energy industry and provinces like Alberta are strongly opposing it. The plan, unveiled Monday, introduces a cap-and-trade system designed to […]
Performance Overview of Canada’s Largest ETFs in October
Each month, we check in on the performance of the largest Canadian stock, bond, and active exchange-traded funds. The Morningstar US Market Index rose 2.42% during October and is up 38.66% over the past year. The Morningstar US Core Bond Index rose 0.64% last month and is up 10.82% over the past year. In the […]
VERSES AI Inc. Announces LIFE & Private Placement Offering
VERSES AI Inc. plans a non-brokered private placement to raise up to $5 million through two offerings: the LIFE Offering of 6.8 million units and the Special Warrant Offering of 3.2 million special warrants. Each unit consists of one Class A Subordinate Voting share and a half share purchase warrant. The LIFE Offering aims to […]
The Month’s Least Successful ETFs
Exchange-traded funds, or ETFs, are often low-cost instruments for investors to track popular indexes or leverage experienced manager choices in an attempt to beat the market. The best ones serve as building blocks for a portfolio, and unlike open-end mutual funds, all ETFs are traded throughout the day on an exchange. In October 2024, the […]
Stocks Surge as Trump’s Re-Election Signals Potential Industry Gains
Stocks rally as Trump’s re-election promises industry gains President-elect Trump’s successful reelection bid sparked an uptrend in stocks for crypto, tech and auto industries less than 24 hours after results were announced. The Dow Jones Industrial Average was up more than 3 percent, while the Nasdaq Composite and S&P 500 also rose by nearly 2 […]
Gold Declines as Strong Trump Victory Strengthens Dollar
“We see gold as likely to be the funding source for portfolio rotation in the near term, but given the de-dollarization of trade is set to accelerate, we still see emerging market support over the coming years,” Colin Hamilton, BMO director of commodities research, said in a note on Wednesday. While Trump’s proposed policy of […]
The Impact of Trump 2.0 on Big Tech, AI, Chips, and Beyond: A Look at Silicon Valley and Beyond
Trump 2.0 will have a massive impact on Big Tech, AI, chips and more—in Silicon Valley and beyond Donald Trump’s re-election as U.S. president will have massive repercussions for the technology sector. It is always risky to make predictions, and that holds particularly true when the main character involved is someone prone to surprising, rash, […]
VERSES Welcomes Business Solutions Provider Prodigii to
VERSES AI Inc. announced a strategic partnership with goProdigii, LLC to utilize VERSES’ Genius™ beta program for developing intelligent solutions focused on sustainability for Fortune 1000 clients. Prodigii aims to enhance Environmental, Social, and Governance (ESG) standards reporting and compliance, helping companies streamline their data collection and reporting processes through Genius’ advanced predictive capabilities. This […]
Canada Unveils Strategy to Reduce Oil and Gas Emissions by 35% by 2030
Canada Announces Plan to Slash Oil and Gas Emissions 35% by 2030 The Athabasca Oil Sands along the Athabasca River in Fort McMurray, Alberta, Canada. dan_prat / iStock / Getty Images Plus The Canadian government has issued a draft of new regulations for greenhouse gas emissions produced by oil and gas. The rules would limit […]
Forecast Predicts Rise in Canada’s Unemployment Rate…
Statistics Canada is set to release its October jobs report on Nov. 8, with economist forecasts centering on a weakening labor market. This could support the Bank of Canada making another super-sized interest rate cut. Analysts project the nation’s jobless rate to rise to 6.6%, according to FactSet. This would return the figure to August […]