Cost of carbon taxes for Albertans by 2030: $3,930 per year. Cost for Saskatchewanians: $2,840 On July 1, Canada celebrated its 156th birthday. Your present from Prime Minister Justin Trudeau? A second carbon tax. Trudeau buried a second carbon tax in fuel regulations that took effect on Canada Day. Here’s how it works: fuel producers are required to reduce the carbon content of their products. If they can’t meet Trudeau’s requirements, they’ll be forced to buy credits. Those costs will then be passed to consumers through higher pump prices. This second carbon tax doesn’t replace Trudeau’s fi ..read more

  VANCOUVER – F3 Uranium Corp. [FUU-TSXV; FUUFF-OTCQB] reported scintillometre results from the initial eight holes of the continuing 30-hole summer drill program at the JR zone on the 100%-owned Patterson Lake North (PLN) property, Athabasca basin, northern Saskatchewan, including four high-grade intercepts. Drill hole PLN23-068 tested for mineralization 22 metres up dip of the high-grade intercept reported in PLN23-060 on line 060S and intersected mineralization over a 19-metre interval, including 6 metres off-scale radioactivity (greater than 65,535 cps) between 234 metres and 245 met ..read more

CALGARY – Pulse Seismic Inc. (TSX:PSD) (OTCQX:PLSDF) announced the signing of a $9.0 million seismic data licensing sales contract. Revenue of $5.4 million related to the initial delivery of data has been recognized upon the execution of the contract, with the majority of the remaining data to be delivered in 2023, and the final tranche of data to be delivered in 2024. The remaining revenue after the initial delivery of data will be recognized when the data is delivered to the customer. The sale announced today, with the initial data delivery complete, brings June 30, 2023 year-to-date seismi ..read more

Trans Mountain Corporation, which is building the Trans Mountain pipeline expansion from Edmonton to the west coast near Vancouver, is continuing its mission of working closely with Indigenous communities. “We have achieved an unprecedented level of Indigenous involvement in the expansion project – through job creation, procurement opportunities, partnerships, and the environmental process,” CEO Dawn Farrell says in the company’s new report on environmental, social and governance (ESG) performance. The federal government-owned company said over 3,100 Indigenous people have been hired to work ..read more

BlackBerry IVY driving the future of software-defined vehicles At CES 2023, BlackBerry demonstrated in-vehicle applications developed by multiple OEMs using the BlackBerry IVY platform. Blackberry is a remarkably successful Canadian turnaround story with its cybersecurity, embedded systems and automotive software product lines. BlackBerry is positioned for growth as automobiles evolve into software-defined vehicles in the years ahead. BlackBerry IVY platform “We are delighted to show off production-ready applications developed by our automotive partners on the BlackBerry IVY platform,” said S ..read more

Second carbon tax disproportionately impacts single mothers and seniors on fixed incomes Prime Minister Justin Trudeau has a summer special for taxpayers: a second carbon tax. On July 1, the Trudeau government’s second carbon tax will take effect. Trudeau buried the tax in fuel regulations that require producers to reduce the carbon content of their fuels. If companies can’t meet the requirements, they’ll be forced to buy credits. Those costs will be passed onto consumers through higher pump prices. The Parliamentary Budget Officer, the government’s independent budget watchdog, recently relea ..read more

Grupo Bimbo confession triggers renewed scrutiny of food industry practices For the first time in nearly six years, notable progress has been observed in the investigation of price-fixing in the bread market, initiated in 2015. However, it is noteworthy that this advancement is not attributed to the efforts of the Competition Bureau. Canada Bread, currently owned by Mexico-based Grupo Bimbo, has recently acknowledged its culpability in two separate incidents of price-fixing, occurring in 2007 and 2011. Consequently, the company has agreed to pay a fine of $50 million, marking the highest pena ..read more

Saskatchewan small business owners face higher taxes on Canada Day On Canada Day, small business owners in Saskatchewan will be paying higher taxes. That’s because the government of Saskatchewan is hiking the small business tax rate after cutting it to zero in 2020. The government will argue that this tax cut was always supposed to be temporary. But it’s not every day that a politician stumbles into a good idea, and cutting taxes for small businesses is a great idea. The government needs to recognize it’s doing the right thing and permanently end the small business tax. Raising the tax now is ..read more

Residents of Kitimat are earning top wages because of the LNG industry and LNG Canada Even though Kitimat, B.C. receives around two metres of rain a year, nothing can dampen the spirit of its three-term mayor when it comes to the emerging liquefied natural gas (LNG) export industry and its benefits. Phil Germuth is enthusiastic as he speaks about the west coast town of 9,000 permanent residents. There’s a lot happening – around 6,000 camp-based construction workers at the LNG Canada site within eyeshot of town and 6,000 in the region and beyond working to complete the Coastal GasLink pipeline ..read more

VANCOUVER – Arizona Metals Corp. [AMC-TSXV] on Monday announced the latest drilling results from its 100%-owned Kay Mine Volcanogenic Massive Sulphide (VMS) copper-gold project in Arizona. Highlights include 25 metres of grade 2.7% copper equivalent, 49.2 metres at 2.4% CuEq, and 5.2 metres of CuEq. The company has also completed the first four holes at the Western Target area and assays are pending. The company said it plans to complete all priority targets before finalizing a maiden resource estimate. The Kay Mine Deposit is a steeply dipping VMS deposit that has been defined from a depth o ..read more