Local food bank faces summer demand and donation decline
As the summer season begins, the Barrie Food Bank reports record-breaking demand for assistance at a time when donations are typically at their lowest.
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Globe and Mail
10 minutes ago
- Globe and Mail
OPEC+ set to make another accelerated oil output hike on Saturday, sources say
Report on Business Meet Nojoud Al Mallees As an economics reporter, Nojoud writes about how fiscal and economic decisions on Parliament Hill affect businesses, Canadians and the economy at large.
Globe and Mail
an hour ago
- Globe and Mail
Rocky Shore Announces Closing of Hemlo Area Claims Sale
TORONTO, July 04, 2025 (GLOBE NEWSWIRE) -- Rocky Shore Gold Ltd. (the 'Company') (CSE:RSG) is pleased to announce that it has closed the previously announced transaction (see press release dated June 2, 2025) with a subsidiary of Barrick Mining Corporation ('Barrick') for cash consideration of CAD$975,000 (the 'Transaction'). The Transaction included all Ontario claims owned by the Company, including the claims subject to an earlier option agreement (see press release dated August 29, 2022), which was terminated on closing of the Transaction. The Company retains a variable-rate royalty of up to 0.50% Net Smelter Returns on the claims; the rate per claim will depend on the preexisting royalty burden on such claim, and Barrick has the right to buy back 50% of the royalty by making a one-time cash payment of CAD$500,000. Qualified Person Ken Lapierre, President and CEO of the Company, is a Qualified Person, in accordance with the Canadian regulatory requirements as set out in National Instrument 43-101, has reviewed and approved the scientific and technical information that forms the basis for the disclosure contained in this news release. About Rocky Shore Gold Ltd. Rocky Shore Gold is a Canadian-based mineral exploration company focused on gold discoveries in central Newfoundland on its 100% owned Gold Anchor Project. The district scale grass roots project is the second largest (greater than 1,200 square kilometres) property within an emerging Central Gold District. It is strategically located on trend to major gold discoveries and recent gold deposits. Numerous gold bearing faults are within the project limits including the highly prospective Appleton and JBP Fault Corridors. For more information please contact: Ken Lapierre, President & CEO Rocky Shore Gold Ltd. T: +1 (647) 678-3879 E: ken@ Cathy Hume, CEO CHF Capital Markets T: +1 (416) 868-1079 x 251 E: cathy@ Forward-Looking Statements This news release contains 'forward-looking information' within the meaning of applicable Canadian and United States securities laws. Generally, forward-looking information can be identified by the use of forward-looking terminology such as 'plans', 'expects', or 'does not expect', 'is expected', 'budget', 'scheduled', 'estimates', 'forecasts', 'intends', 'anticipates', or 'does not anticipate', or 'believes' or variations of such words and phrases or state that certain actions, events or results 'may', 'could', 'would', 'might', or 'will be taken', 'occur', or 'be achieved'. Certain information set forth in this news release may contain forward-looking information that involves substantial known and unknown risks and uncertainties, including, but not limited to the advancement of the Company's properties. The forward-looking information is based on reasonable assumptions and estimates of the management of the Company at the time such statements were made and is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Rocky Shore to be materially different from those expressed or implied by such forward-looking information, including risks associated with the exploration; future commodity prices; changes in regulations; political or economic developments; environmental risks; permitting timelines; capital expenditures; technical difficulties in connection with exploration activities; employee relations; the speculative nature of mineral including the risks of diminishing quantities of grades of resources, contests over title to properties, the Company's limited operating history, future capital needs and uncertainty of additional financing, and the competitive nature of the mining industry; the need for the Company to manage its future strategic plans; global economic and financial market conditions; uninsurable risks; and changes in project parameters as plans continue to be evaluated. Although Rocky Shore has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. Although the forward-looking information contained in this news release are based upon what management of the Company believes, or believed at the time, to be reasonable assumptions, Rocky Shore cannot assure shareholders that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information. There can be no assurance that forward-looking information, or the material factors or assumptions used to develop such forward-looking information, will prove to be accurate. Rocky Shore does not undertake any obligations to release publicly any revisions for updating any voluntary forward-looking information, except as required by applicable securities law.
CBC
an hour ago
- CBC
Toronto releases pre-approved designs for garden, laneway suites in bid to boost housing
Toronto is rolling out several measures to cut design costs and speed up permit approval times in its latest bid to boost construction of new housing. "Life in Toronto has become very expensive and housing is the biggest expense every month," Mayor Olivia Chow said at a news conference at city hall Friday. Recent surveys by city staff suggest some Torontonians are spending up to 63 per cent of their incomes on housing, more than double the roughly 30 per cent recommended by financial experts, Chow added. "It's simple: Toronto is growing and we must lower the cost of building homes and make it easier, and approve them faster," she said. One of the newly announced initiatives includes free design plans for laneway and garden suites. The pre-approved plans are compliant with the Ontario Building Code and eliminate the need to hire an architect, Chow said. The city first passed an as-of-right zoning bylaw for laneway suites in 2018, and for garden suites in 2022. The changes were intended to significantly increase Toronto's housing stock as rents and home prices skyrocketed. But only 166 laneway suites and 114 garden suites have been completed since city council moved ahead with those approvals, Chow said. The takeaway, she continued, is that zoning changes alone were not enough to spur construction on the level needed to meet housing needs in the city. Other measures announced by Chow include expanded online applications for new housing units, which she said will reduce the time it takes for them to be processed. Similarly, as of July 14, more building plans stamped by a licensed, professional engineer will be considered pre-approved, allowing for the city to review new building proposals faster. The city first introduced its "Professional Engineer's Seal" program as a pilot last year, and it will now cover accessory structures like laneway and garden suites. The new measures come after city council voted last month to allow sixplexes in nine wards, with an option for the remaining 16 wards to opt-in at a later date. , but some councillors vehemently objected to the proposal.
