In a world of growing instability, it has never been more important for Nova Scotia to be more self-reliant and more energy secure. Today, we import natural gas from the United States while sitting on significant natural gas resources of our own. That doesn’t make sense. I believe we can responsibly develop our natural resources while protecting the environment we all cherish. We have the science, technology, expertise, and regulatory oversight to do both. Developing our natural resources isn’t just about energy. It’s about creating good-paying jobs, growing our economy, strengthening government services, and helping deliver more stable and affordable energy for Nova Scotian families. For too long, opportunities were left on the sidelines. Our government is taking a different approach. We are focused on responsible growth, energy security, and building a stronger Nova Scotia for future generations.

So cool. What a ridiculously cool adventure - creating something the world needs - and sticking to it when rockets failed and contracts fell apart. And then, finally, taking it public and making tens of thousands of people wealthy beyond their wildest dreams. Here’s to Elon Musk and the extraordinary world-changing SpaceX has become - and here’s to the windfall wealth of everyone who believed in and built it every step of the way.

I had thought there was no fentanyl problem in Canada. Or at least that what senior Canadian officials were insisting not long ago. The country seems like an organized crime 'holiday in Bermuda.'.

China’s Auto Boom Will Be Entering Its Death Spiral For the past few years, China’s auto industry has been sold as the next great industrial miracle. EVs. Exports. Smart cars. National champions. But beneath the shiny surface, the industry may be moving toward a brutal conclusion: China’s auto sector is not just slowing down. It is structurally breaking. In May 2026, China’s total auto sales reportedly fell 22.3% year over year to just 1.53 million units. That marked the eighth consecutive monthly decline. For the first five months of the year, sales fell 19.7%, to only 7.18 million units. Even new energy vehicle retail sales fell 7.5%, the fifth straight monthly decline. It is what happens when weak consumer confidence, fading subsidies, market saturation, and cutthroat competition collide at the same time. The deeper problem is profitability. Toyota generated roughly ¥4.8 trillion in operating profit in 2025, or about RMB 239.5 billion. By contrast, the combined net profit of 18 listed Chinese passenger-car companies was less than RMB 90 billion, under 40% of Toyota’s profit. Toyota’s operating margin was around 10%. Chinese automakers averaged only 3.2%. That number is deadly. Cars are no longer simple manufacturing products. They are integrated technology platforms: batteries, chips, sensors, software, autonomous systems, supply chains, data, and brand ecosystems. A high-tech industry cannot survive on low-tech margins. Low margins mean weak R&D. Weak R&D means imitation. Imitation means homogeneity. Homogeneity means price wars. Price wars mean even lower margins. That is the death spiral. China’s EV boom has relied heavily on copying Tesla’s playbook, racing to match features, and then undercutting on price. That strategy can create volume, but it destroys the profit pool required to fund real innovation. Subsidies once covered the weakness. But as government support becomes harder to sustain, the crutch is being removed. Exports are not an easy escape route either. EV adoption depends on expensive charging infrastructure. Poorer countries cannot build it quickly. Rich countries like the US and EU are raising tariff walls. The developing world is too infrastructure-constrained; the developed world is becoming politically closed. So the industry is trapped: weak domestic demand, blocked export channels, falling margins, reduced subsidies, and insufficient true innovation. China built enormous auto capacity. But capacity without profit is a graveyard with better lighting.

Canada has the land, the expertise, and the resources to build one of the most resilient food systems in the world. This government's new National Food Security Strategy will support farmers, strengthen competition in the grocery sector, increase domestic food production, and help make food more affordable for Canadians. Read the full news release here: pm.gc.ca/en/news/news-releas…

Uitstoot Nederland daalt door hoge energieprijzen: automobilist vlucht over de grens telegraaf.nl/financieel/nieu…