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Ottawa is counting on copper to be a nation builder — and Canada has to play catch-up
Ottawa's list of fast-tracked "nation-building" projects includes the development of two copper mines — to source one of the world's most important natural resources as global demand soars and supply challenges persist. Such projects "must strengthen Canada's autonomy, our resilience and our security. It must have clear benefits for Canadians," said Prime Minister Mark Carney during the Thursday announcement. Enter copper, the world's third-most widely used metal and a conduit for all things electrical. The federal government is recommending regulatory approval for the McIlvenna Bay Foran Copper Mine Project in ... (full story)
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China controls nearly the entire supply chain for rare earths — minerals critical for EVs, wind turbines, and fighter jets. Brazil hopes to change that, with companies like Aclara building pilot plants and the government mapping vast reserves, but catching up will take massive investment, technology, and international cooperation. The global race is on to ...
A LETTER SENT BY PRESIDENT DONALD J. TRUMP TO ALL NATO NATIONS AND, THE WORLD: “I am ready to do major Sanctions on Russia when all NATO Nations have agreed, and started, to do the same thing, and when all NATO Nations STOP BUYING OIL FROM RUSSIA. As you know, NATO’S commitment to WIN has been far less than 100%, and the purchase of Russian Oil, by some, has been shocking! It greatly weakens your negotiating position, and bargaining power, over Russia. Anyway, I am ready to “go” when you are. Just say when? I believe that this, plus NATO, as a group, placing 50% to 100% TARIFFS ON CHINA, to be fully withdrawn after the WAR with Russia and Ukraine is ended, will also be of great help in ENDING this deadly, but RIDICULOUS, WAR. China has a strong control, and even grip, over Russia, and these powerful Tariffs will break that grip. This is not TRUMP’S WAR (it would never have started if I was President!), it is Biden’s and Zelenskyy’s WAR. I am only here to help stop it, and save thousands of Russian and Ukrainian lives (7,118 lives lost last week, alone. CRAZY!). If NATO does as I say, the WAR will end quickly, and all of those lives will be saved! If not, you are just wasting my time, and the time, energy, and money of the United States. Thank you for your attention to this matter! DONALD J. TRUMP, PRESIDENT OF THE UNITED STATES OF AMERICA.”
The coming week will be packed with central bank decisions and significant data risk across markets. Decisions will be delivered by the Federal Reserve, Bank of Canada, Bank of England, Bank of Japan, Norges Bank, and central banks in Brazil, Taiwan, Indonesia and South Africa. Key data includes Canadian CPI, UK CPI, job market readings from Australia and ...
