Late in the spring, Canada began supplying the world with rare earth elements or REEs for the first time ever… Products from Cheetah Resources’ Nechalacho mine in the Northwest Territories (Canada’s first rare earth mine) set sail for Norway, en route to the company’s customer for further processing. Per Cheetah Resources’ David Connelly, as reported […]
Canada is passing many third-world African nations to become one of the most indebted countries in the world. After Trudeau’s mind-boggling C$314 Billion budget deficit for the fiscal year 2020/21, up from ‘just’ C$21.77 billion in the previous year, don’t expect the spending to stop anytime soon. Here is the scary thing. $21.77 billion deficit […]
The pandemic has opened up a pandora’s box of social spending, unlike anything we’ve seen before. In the fiscal year 2020/21, the budget deficit totaled $314.00 billion, up from ‘just’ C$21.77 billion in the previous year. And, with the Liberals poised to win a majority this summer potentially, the future of deficit spending and the […]
Small businesses across North America continue to take the brunt of Covid-19, despite aggressive actions by the Bank of Canada and U.S. Federal Reserve. In Canada, a survey by the Canadian Federation of Independent Business found that a third of Canadian small businesses say they cannot survive the economic impact of coronavirus for more than […]
The TSX Venture is in free fall as investors move to cash, and the coronavirus spreads. The risk trade is off until a massive new stimulus bill passes or the coronavirus appears to be contained. Even a new stimulus package may not have the desired effect. Not to bet against the Fed or any central […]
The escalating trade war between Trudeau’s Canada and Trump’s America is crushing … […]