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Carney needs to ‘pick a lane' on climate priorities and energy boost, activist says

Carney needs to ‘pick a lane' on climate priorities and energy boost, activist says

OTTAWA - Climate activists and energy leaders say Prime Minister Mark Carney will need to make some hard choices on whether to bolster the country's oil and gas sector as means of achieving economic stability.
Throughout the election campaign, Carney signalled an openness to building more pipelines in Canada and promised to cut approval times to get projects built faster. He also acknowledged during the English leaders' debate that having western Canadian oil flow through the United States to Ontario and Quebec presents a national security threat.
But he also has said he wants to keep Canada's emissions cap on oil and gas production in place, and to strengthen the industrial carbon price — policies the oil and gas sector has called on him to scrap.
Carney also campaigned on making Canada a 'world leader' in carbon capture and introducing investment tax credits to support clean energy and technology.
While Carney said before the campaign he would keep the emissions cap in place, Alberta Premier Danielle Smith has said the prime minister told her behind closed doors that he wasn't in favour of hard caps.
'We've heard Mr. Carney, in particular during the election campaign, adopt an 'all of the above' approach to energy and refusing to pick a lane between a cleaner, safer, renewable powered future and doubling down on the volatile fossil fuel status quo,' said Caroline Brouillette, executive director of Climate Action Network.
'I think that in 2025 we don't have the luxury of not picking a lane, both from an environmental side of things but also from an economic side of things.'
And Carney doesn't have the luxury of time either, said Adam Waterous, chairman of oil and gas producer Strathcona Resources.
With the auto, steel and aluminum sectors reeling from U.S. President Donald Trump's tariffs, he said, Carney's most powerful bargaining chip is Canada's energy.
'Donald Trump has been very, very consistent for nine years. He ran on this originally, and now he wants one thing from Canada. And it's not fentanyl and illegal immigration, that's a head-fake. He wants an agreement to build Keystone XL,' Waterous said.
The Keystone XL project — a 1,900-kilometre pipeline that would have run from Hardisty, Alta., to the major U.S. crude storage hub at Cushing, Okla., and then on to Gulf Coast refineries — was first proposed during the Obama administration, which rejected it on environmental grounds.
It was then revived under the first Trump administration before then-president Joe Biden killed it again by revoking the pipeline's permit on his first day in the White House in 2021. At that point, the project's proponent TC mothballed the project.
Posting on his Truth Social account back in February, Trump called for the project to be resuscitated.
'Now, the industry doesn't want to build that,' Waterous said, adding the sector wants an east-west pipeline in order to diversify Canada's oil and gas exports and reach overseas markets.
Oil and gas leaders laid out five demands in a letter to Carney shortly after the election. They called on him to, among other things, scrap the emissions cap regulations and repeal industrial carbon pricing.
The federal government could pursue the Keystone project on its own, Waterous said — but that could present a different roadblock.
'The United States will not enter into an agreement with a state-owned enterprise because it is considered a non-tariff trade barrier as a subsidized entity. It has to be a private sector party,' Waterous said.
But the project would be unlikely to get a private backer, he said, because 'the energy sector doesn't want to do this. They want to go east-west.'
'The energy private sector would be doing this to shelter auto, steel and aluminum. So you see the irony in this dynamic.'
— With files from Lauren Krugel in Calgary.
This report by The Canadian Press was first published May 12, 2025.

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Finlay Minerals Announces Closing of Non-Brokered Private Placement of Flow-Through Shares and Non-Flow-Through Units
Finlay Minerals Announces Closing of Non-Brokered Private Placement of Flow-Through Shares and Non-Flow-Through Units

Yahoo

time18 minutes ago

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Finlay Minerals Announces Closing of Non-Brokered Private Placement of Flow-Through Shares and Non-Flow-Through Units

/NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES/ VANCOUVER, BC, June 9, 2025 /CNW/ - Finlay Minerals Ltd. (TSXV: FYL) (OTCQB: FYMNF) ("Finlay" or the "Company") is pleased to announce that it has closed its non-brokered private placement (the "Private Placement"), previously announced on May 26, 2025 and June 4, 2025, consisting in the issuance of: (i) 11,206,088 common shares of the Company issued on a flow-through basis under the Income Tax Act (Canada) (each, a "FT Share") at a price of $0.11 per FT Share, and (ii) 4,400,000 non-flow-through units of the Company (each, a "NFT Unit") at a price of $0.10 per NFT Unit, for aggregate gross proceeds to the Company of $1,672,670. Each NFT Unit was comprised of one non-flow-through common share of the Company (each, a "NFT Share") and one non-flow-through common share purchase warrant (a "Warrant"). 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The Private Placement was conducted pursuant to the listed issuer financing exemption under Part 5A of National Instrument 45-106 – Prospectus Exemptions and in reliance on the Coordinated Blanket Order 45-935 – Exemptions from Certain Conditions of the Listed Issuer Financing Exemption. The securities issued to purchasers in the Private Placement are not subject to a hold period under applicable Canadian securities laws. The securities issued to certain insiders of the Company that participated in the Private Placement are subject to a hold period expiring on October 10, 2025 in accordance with the policies of the TSX Venture Exchange (the "TSXV"). The Private Placement is subject to the final approval of the TSXV. The Company paid aggregate cash finder's fees of $89,196 and granted 829,145 non-transferable finder warrants (each, a "Finder Warrant") to arm's length finders of the Company, as compensation for locating purchasers in the Private Placement. 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This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in the United States or in any other jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements thereunder. About Finlay Minerals Ltd. Finlay is a TSXV company focused on exploration for base and precious metal deposits through the advancement of its ATTY, PIL, JJB, SAY and Silver Hope Properties; these properties host copper-gold porphyry and gold-silver epithermal targets within different porphyry districts of northern and central BC. Each property is located in areas of recent development and porphyry discoveries with the advantage of hosting the potential for new discoveries. Finlay trades under the symbol "FYL" on the TSXV and under the symbol "FYMNF" on the OTCQB. For further information and details, please visit the Company's website at On behalf of the Board of Directors, Robert F. Brown,Executive Chairman of the Board & Director Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release. Forward-Looking Information: This news release includes certain "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements in this news release that address events or developments that we expect to occur in the future are forward-looking statements. 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Finlay does not assume any obligation to update or revise its forward-looking statements, whether as a result of new information, future or otherwise, except as required by applicable law. SOURCE Finlay Minerals Ltd. View original content to download multimedia: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

How immigration raids at Ambiance Apparel and Home Depot led to the Los Angeles protests
How immigration raids at Ambiance Apparel and Home Depot led to the Los Angeles protests

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time22 minutes ago

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How immigration raids at Ambiance Apparel and Home Depot led to the Los Angeles protests

LOS ANGELES — Four days of unrest in Los Angeles over President Donald Trump's push to increase immigrant arrests and deportations have led to the arrests of at least 56 people, clashes between protesters and law enforcement officials and the deployment of the National Guard and the Marines in the country's second-largest city. How did this happen? The tensions started Friday, when Immigration and Customs Enforcement officers and others arrested over 40 immigrants in raids targeting day laborers at a Home Depot parking lot and workers at the Ambiance Apparel clothing manufacturer, searching for 'fictitious employee documents.' As news of the raids spread fear and panic, relatives and protesters arrived to confront the federal agents wearing camouflage and bulletproof vests. Some protesters tried to stop vehicles carrying detained immigrants or used other methods to block arrests. Soon the clashes turned violent, with officers using pepper spray and batons, pushing crowds back with riot shields as some protesters fled or retaliated. A prominent labor leader was among those arrested. The protests spread from downtown Los Angeles into the communities of Paramount and Compton, where rumors of arrests also added to the flaring tensions. Trump, acting without agreement from state leaders, called in the California National Guard on Saturday. By Sunday, the troops, outfitted with heavy military equipment, had moved into the streets of downtown Los Angeles in a show of force in the state with the largest immigrant population. Trump said on his social media site, Truth Social, that he had directed the homeland security and defense secretaries and Attorney General Pam Bondi 'to take all such action necessary to liberate Los Angeles from the Migrant Invasion, and put an end to these Migrant riots.' But the clashes dragged on through the day and into the night, with looting and driverless cars' being set on fire. The families of the arrested immigrants have accused the government of 'kidnapping' their loved ones. Meanwhile, the presence of the troops has set up a battle between the Trump administration and lawmakers in a state that is known for its liberal immigration policies. About two dozen members of the detained workers' families showed up to a rally and news conference outside Ambiance Apparel on Monday, holding up homemade signs with photos of their loved ones next to birthday cakes, holding their kids and smiling. 'It has been incredibly painful to witness the arrest of my father and of his co-workers,' said Saraí Ortiz, who said her father, José Ortiz, was among those arrested. 'My father gave 18 years of his life to this company,' she said at a news conference outside the site of the raid Friday. 'He was always here. He was a loyal worker.' 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The whole process wasn't just inhumane; it was illegal,' Carlos said. Trump also mobilized about 700 Marines on Monday to support the National Guard in protecting federal personnel and property, U.S. Northern Command said in a statement. California Gov. Gavin Newsom blamed anarchists and troublemakers for the fires and any violence, not peaceful protesters, but he said, 'Donald Trump at the end of the day is the sponsor of these conditions." Los Angeles Mayor Karen Bass said in a statement on X that 'Trump didn't inherit a crisis — he created one.' California Attorney General Rob Bonta sued the Trump administration for federalizing the state's National Guard troops and deploying them to quell protests over objections of California government leaders. The raids were a striking departure by the administration from Trump's campaign statements that his plans for mass deportation would focus on violent immigrant criminals. The raids follow weeks of ICE officers and other federal agents' showing up at immigration courts across the country, including in California, to arrest people as they left the courthouses where their cases were dismissed. Those arrests have been accompanied by video on social media or captured by news outlets of some family members being arrested and of young children standing nearby as a parent or parents are handcuffed or restrained with zip ties. Increasingly, people are seeing ICE arrest and take away immigrants who've lived and worked in the United States for years or are part of their community, including people who are seeking asylum or had other temporary legal protection from deportation. NBC News reported last week that White House deputy chief of staff Stephen Miller, angry over what he saw as low numbers of arrests and deportations, ordered senior ICE officials to begin detaining 3,000 migrants a day or be fired. Amid the turmoil, ICE was already ramping up arrests by using thousands more federal law enforcement personnel and up to 21,000 National Guard troops in what it had dubbed 'Operation At Large," NBC News reported. Before the clashes in Los Angeles, smaller confrontations between protesters and law enforcement had begun to erupt in other cities around the country. In Chicago on Wednesday, chaos unfolded as protesters confronted ICE officers over arrests during scheduled check-ins with immigration officials. In San Diego, a surprise raid by armed federal officers at a popular Italian restaurant drew protests. Officers dispersed the crowd with what were identified as flash bang grenades. In Los Angeles, protests and tensions continued. Tyler Kingkade reported from Los Angeles and Suzanne Gamboa from San Antonio. This article was originally published on

75 Democrats Express 'Gratitude' to ICE in Antisemitism Vote Amid LA Unrest
75 Democrats Express 'Gratitude' to ICE in Antisemitism Vote Amid LA Unrest

Newsweek

time27 minutes ago

  • Newsweek

75 Democrats Express 'Gratitude' to ICE in Antisemitism Vote Amid LA Unrest

Based on facts, either observed and verified firsthand by the reporter, or reported and verified from knowledgeable sources. Newsweek AI is in beta. Translations may contain inaccuracies—please refer to the original content. Seventy-five Democrats broke ranks on Monday, joining Republicans in voting for a House resolution condemning antisemitism and expressing "gratitude" for Immigration and Customs Enforcement (ICE) and other law enforcement personnel. Why It Matters Monday's vote comes as Los Angeles is reeling from days of political unrest after ICE raided several downtown city neighborhoods and arrested more than 50 people. The arrests are part of the Trump administration's broader crackdown on undocumented migrants, which has also swept up people who are legally permitted to be in the United States. President Donald Trump has deployed 4,000 National Guard troops to L.A. since the protests started unfolding and has also mobilized 700 Marines to respond if the strife escalates. What To Know Monday's resolution condemned this month's antisemitic attack in Boulder, Colorado, in which the suspect, Mohamed Sabry Soliman, faces 118 criminal charges, accused of targeting a march calling for the return of Israeli hostages in Gaza. The resolution also "affirms that free and open communication between State and local law enforcement and their Federal counterparts remains the bedrock of public safety and is necessary in preventing terrorist attacks; and expresses gratitude to law enforcement officers, including U.S. Immigration and Customs Enforcement personnel, for protecting the homeland." Of the 212 Democrats in the House, 113 voted against the resolution, which was introduced by Republican Representative Gabe Evans. Seventy-five Democrats voted in favor of the measure, including Representative Joe Neguse, who represents the district where the Boulder attack occurred. Six lawmakers—five Democrats and one Republican—voted "present." This is a breaking news story. Updates to follow.

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