Property investor Nichole Lewis advises that sustainable wealth relies on transitioning from negatively geared debt to positively geared assets. After losing her home during the 2008 Global Financial Crisis, Lewis rebuilt her portfolio to include eight properties and nearly $20 million in equity by prioritizing cash flow and disciplined debt management. Why is negative gearing … Read more
US stocks rallied Thursday as President Donald Trump announced that diplomatic negotiations with Iran had reached the highest levels, effectively de-escalating tensions in the Strait of Hormuz. The S&P 500 climbed 1.3%, while the Dow Jones Industrial Average surged 802 points, or 1.6%, as markets reacted to the potential end of a monthlong military standoff. … Read more
China’s state-led venture capital model is facing a structural shift as Beijing imposes tighter oversight on government-backed investment funds. The State Council recently issued new regulations to restrict local government spending, following scrutiny of the rapid expansion of robot vacuum maker Dreame Technology, which relied heavily on state-linked capital. These moves signal a move away … Read more
The Canadian government introduced Bill C-34 on June 10, 2026, proposing a national ban on social media for children under 16 while mandating new safety regulations for artificial intelligence chatbots. According to government officials, the legislation seeks to curb algorithmic harms—such as endless scrolling and engagement-based feeds—by requiring platforms to implement age-appropriate design features and … Read more
The New Zealand government is investing $5.3 million into Māori-owned businesses through the Tōnui Māori, Going for Growth with Māori scheme. Administered by Te Puni Kōkiri, the fund aims to stimulate economic development, job creation, and export growth across the agricultural, aquaculture, and renewable energy sectors, according to official reports from RNZ. How is the … Read more
A proposed update to the California Department of Aging’s intrastate funding formula could result in significant service reductions for older adults in Los Angeles County. According to Maral Karaccusian, director of the Los Angeles County Aging and Disabilities Department, a projected 17% funding cut would lead to nearly 343,000 fewer meals provided to seniors annually … Read more
U.S. President Donald Trump announced on Tuesday that Iranian forces shot down a U.S. Apache helicopter patrolling the Strait of Hormuz. While the two crew members were rescued by a U.S. Navy drone and remain uninjured, the incident has cast doubt on a fragile regional truce, according to statements from the White House and U.S. … Read more
Amazon.com Inc. has set a new record for the largest Canadian dollar-denominated corporate bond offering in history, issuing $14-billion in “maple bonds.” This massive deal, which eclipsed the $8.5-billion record set by Alphabet Inc. just weeks earlier, highlights a surging trend of global technology giants tapping into Canadian capital markets to fund their expanding artificial … Read more
A federal judge in Massachusetts has struck down the Trump administration’s $100,000 fee on new H-1B visas, ruling the charge to be an unlawful tax. U.S. District Judge Leo T. Sorokin declared the fee vacated in its entirety on June 8, 2026, concluding that the executive branch lacked congressional authority to impose such a financial … Read more
BMO Field, currently rebranded as Toronto Stadium for the 2026 FIFA World Cup, has evolved from a $63-million project into a premier international venue following over $300-million in total investments. According to reports from The Globe and Mail, the stadium now features a 44,000-seat capacity, achieved through $146-million in recent upgrades designed to meet FIFA … Read more