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Low property taxes on houses in N.B. real estate ads can be attractive — and also unavailable to you

Low property taxes on houses in N.B. real estate ads can be attractive — and also unavailable to you

Yahoo30-05-2025

Real estate ads in New Brunswick show prospective buyers what can look like surprisingly reasonable property taxes on houses that catch their eye. What the ads don't say is the tax information often applies only to the current owner and expires after a sale.

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Presented by U15 CANADA – Canada's Leading Research Universities Send tips | Subscribe here | Email Canada Playbook | Follow Politico Canada Thanks for reading Canada Playbook. In today's edition: → MARK CARNEY and DONALD TRUMP are on the horn. → A one-on-one with Northwest Territories Premier R.J. SIMPSON. → A look back at MARC GARNEAU's early advice on countering Trump 2.0. POLITICO PRO SPACE: Need an insider's guide to the politics behind the new space race? From battles over sending astronauts to Mars to the ways space companies are vying to influence regulators, this weekly newsletter decodes the personalities, policy and power shaping the final frontier. Try it for free for a limited time starting today. Find out more. Trade war PICK UP THE PHONE — One of DONALD TRUMP's allies in Congress has some advice for MARK CARNEY: Call up the president, call him again and then call him some more. Sen. KEVIN CRAMER (R-N.D.), who joined a recent peacemaking congressional delegation to Ottawa that scored face time with Carney, told POLITICO's JONATHAN MARTIN that Trump is keen on a cellphone relationship with world leaders. The president wants to receive constant intelligence from guys like Carney, Cramer said, adding he was aware of at least one informal leader-level conversation between the two following the prime minister's trip to the White House last month. — High-stakes negotiations: Carney appears to have taken the counsel. Trump's Ottawa envoy, PETE HOEKSTRA, revealed to The Globe and Mail that the PM and president are directly engaged in negotiations on a new economic and security relationship. 'The indications that they are talking and in communications regularly is a clear indicator to me that both sides recognize the importance and the urgency of moving this forward,' Hoekstra told the Globe, adding that a prospective deal could touch on autos, critical minerals, defense spending, energy, border security — and steel and aluminum. The ambassador added the talks also include Canada-U.S. Trade Minister DOMINIC LEBLANC, U.S. Commerce Secretary HOWARD LUTNICK and U.S. Trade Representative JAMIESON GREER. — Official lines: The Prime Minister's Office isn't commenting on the Globe report, but Industry Minister MÉLANIE JOLY confirmed to reporters the two leaders are in touch. 'We won't negotiate in public,' she said. 'We'll let the prime minister do his work.' — Elsewhere in trade: Ontario's premier lashed out at any notion that Trump would show warmth to Chinese President XI JINPING, who landed a lengthy morning call with Washington on Thursday. 'China is getting better treatment than their closest allies and friends,' Ontario Premier DOUG FORD. Ford didn't hide his impatience with the Americans during a Thursday spot on MSNBC: 'I'm in constant communication with the prime minister as of even [Wednesday] afternoon, and if it doesn't go too well, then we have to start matching tariff for tariff, dollar for dollar.' — Speaking of China: 'Carney agrees to high-level talks with Beijing on resolving Canada-China trade war,' the Globe's STEVE CHASE reports THE ROOMS THAT MATTER — At 10:15 a.m., federal officials will hold an embargoed background media technical briefing on the introduction of a bill to 'build One Canadian Economy.' — Carney will lead a 12:30 p.m. media availability in West Block alongside ministers DOMINIC LEBLANC, CHRYSTIA FREELAND and TIM HODGSON. — Industry Minister MÉLANIE JOLY is in Hamilton. Joly is scheduled to visit ArcelorMittal Dofasco alongside local MPs LISA HEPFNER, JOHN-PAUL DANKO and ASLAM RANA. The minister will speak to reporters at 12:45 p.m. LISTEN UP, OTTAWA HE THE NORTH — Canada's North is having a moment — and R.J. SIMPSON is here for it. The Northwest Territories premier just wrapped up a trip to Ottawa, where he sat down with Prime Minister MARK CARNEY armed with a wishlist of nation-building projects — one of which is likely to bear fruit in the coming months. The meeting was a refreshing change for Simpson, who says he went through pains to get Ottawa's attention when former Prime Minister JUSTIN TRUDEAU held office. Even landing a meeting used to be a challenge. 'I just met with Prime Minister Carney, and it hasn't been that long since he's been in office,' Simpson told Playbook. 'We've had a number of face-to-face First Ministers Meetings, which was not common in the last government either.' — Breaking the ice: The Liberal government took a renewed interest in the North in January, Simpson said, when President DONALD TRUMP returned to the White House. — Slap on the wrist: In a February trip to D.C. with other premiers, Simpson said U.S. lawmakers flagged Canada's lack of Arctic infrastructure compared to Russia and other Nordic countries. 'They view it as a missing component in their defense,' Simpson said. Some proposed infrastructure projects have languished for up to 70 years, Simpson said. — Elevator pitch: This isn't merely a list-checking exercise for Simpson. Infrastructure projects can feed national defense and economic strategies. They can help Canada meet NATO spending targets, keep China out of its backyard and unlock critical minerals, Simpson insists. The premier teased that some of his priority projects could gain traction 'in the next couple of months.' — Wishlist: That fast track could include an Arctic Security Corridor, Simpson said, which would run through the territory's Slave Geological Project — an untapped critical mineral zone. 'It is one of the most mineral resource-rich areas in the world. We know there's critical minerals. We know there's rare earth elements,' Simpson said. He's also pushing for a road to NORAD's forward operating location in Inuvik — to facilitate military infrastructure and transport goods to communities. — For sovereignty's sake: As past governments pursued different priorities, China has attempted to move in, Premier Simpson said — including by buying into N.W.T. mining firms. — Watch your back: 'We have not received a lot of investment in the North, ever. And when an area is not receiving any investment from their own government, they become more open to investment from elsewhere,' Simpson said. 'It would deter Chinese interference in the North if the North was getting what it needed from the government of Canada.' WHO'S UP, WHO'S DOWN Up: House of Commons confidence in the Liberal government, which watched its throne speech sail through the chamber Wednesday without a recorded vote. Shortly after the anticlimactic victory, Liberal MPs indulged at various Sparks Street watering holes. Down: Canada's merchandise exports, which Statistics Canada said dropped 10.8 percent in April compared to a month earlier. The agency called the country's global trade deficit in merchandise the 'largest … on record' at C$7.1 billion. IN MEMORIAM MARC GARNEAU — The trailblazing astronaut and former Cabinet minister offered what turned out to be his parting thoughts on the trade war with Trump in an April 24 interview with Playbook co-host MIKE BLANCHFIELD. — No illusions: Days before the federal vote, Garneau offered an unvarnished take on the cross-border state of play in Trump 2.0. 'We have to take a very aggressive approach with the full realization that, you know, never mind trying a charm offensive. That's a waste of time. The world order has changed, and at this point there should be no illusions about ever going back to what existed before. And in fact, I think it would be a mistake to try to go back to what existed before,' Garneau said over the phone. 'From Canada's point of view, we have to be resolute in dealing with the tariffs that he ends up imposing on us. There will be pain, there's no question about it.' Most recently, Garneau was the Canadian co-chair of the Canada-Korea Forum. He saw a good opportunity in the Indo-Pacific region to diversify Canada's trade portfolio. — Spreading our wings: 'They are a like-minded country to us, and so we should try to strengthen our trade ties to that part of the world, not only to Europe,' Garneau said. 'I'm also talking about the ASEAN countries, and I'm also talking about India, where we have had some challenges.' MORNING MUST-CLICKS — Top of POLITICO this morning: DONALD TRUMP, White House aides signal a possible détente with ELON MUSK — 'Insiders say Mark Carney could compromise on emissions cap,' reports the Toronto Star's ALEX BALLINGALL. — CP's ANJA KARADEGLIJA reports on Canada's years-long wait for a national disaster response agency. — The House of Commons unanimously voted Thursday for a government-proposed tax cut for middle-income earners. PLAYBOOKERS Birthdays: HBD to House Speaker FRANCIS SCARPALEGGIA and former diplomat HOWARD BALLOCH. Also celebrating today: Quebec Education Minister BERNARD DRAINVILLE, as well as former MPs RAMESH SANGHA and NICK WHALEN. Celebrating Saturday: Liberal MP ROB OLIPHANT, NDP politician JINNY SIMS, former Ottawa Centre provincial Liberal candidate THOMAS SIMPSON, and GUY GALLANT, chief of staff to Agriculture Minister HEATH MACDONALD (40!). On Sunday: Former Bank of Canada governor DAVID DODGE and McMillan Vantage founding partner MARK RESNICK. Spotted: Prime Minister MARK CARNEY, stopping in for lunch at Cocotte Bistro. Environmental activist DAVID SUZUKI, strolling past West Block Thursday afternoon: 'What I'm here to tell people is we have very little time to take big steps, and if we don't take them, guess what? Extinction in our grandchildren's lifetime is what faces us.' Noted: Parliament Hill's cutest dog award went to LOUIS, whose owner is Liberal MP KODY BLOIS … The Bloc Québécois' Bill C-202, a private member's bill that would shield supply management from future trade negotiations, cleared third reading in the House on Thursday by unanimous consent. Movers and shakers: The PM revealed his new parliamentary secretary team. Some standouts: — ALI EHSASSI and TIM LOUIS: Canada-U.S. Trade Minister DOMINIC LEBLANC — ROB OLIPHANT and MONA FORTIER: Foreign Affairs Minister ANITA ANAND — KARIM BARDEESY and CARLOS LEITíO: Industry Minister MÉLANIE JOLY — COREY HOGAN and CLAUDE GUAY: Energy Minister TIM HODGSON — RYAN TURNBULL: Finance Minister FRANÇOIS-PHILIPPE CHAMPAGNE — LESLIE CHURCH: Jobs Minister PATTY HAJDU (with responsibility for persons with disabilities) — ÉLISABETH BRIÈRE is deputy chief government whip, and ARIELLE KAYABAGA is deputy government House leader. JEREMY NIXON, Hogan's Conservative opponent in Calgary Confederation and a former Cabinet minister in Alberta, is now a principal at Navigator in Calgary. Lobby watch: The Canadian Canola Growers Association posted a Wednesday meeting with Agriculture Minister HEATH MACDONALD, Deputy Minister LAWRENCE HANSON and senior political aides. Media mentions: Unionized employees at The Canadian Press are publicly calling out their employer's latest offer amid collective bargaining … La Presse won the 2024 Michener Award. Send Playbookers tips to canadaplaybook@ PROZONE For Pro subscribers, our latest policy newsletter from MIKE BLANCHFIELD: Trump tariffs pound Canada's exports In other Pro headlines: — What do Musk and Tesla want from the Republican megabill? — Army leaders warn US is losing drone race, tout big changes. — Senate bill would add $10B to NASA budget. — GAVIN NEWSOM met privately with Trump's Hollywood ambassador JON VOIGHT TRIVIA Thursday's answer: Six foreign ministers have served since the Liberals were elected in 2015: STÉPHANE DION, CHRYSTIA FREELAND, FRANÇOIS-PHILIPPE CHAMPAGNE, MARC GARNEAU, MÉLANIE JOLY and ANITA ANAND. Props to CHRIS LALANDE, MARCEL MARCOTTE, JOHN PEPPER, ANDREW BALFOUR, STEVE YANG, CHRISTINA DE TONI, SHAUGHN MCARTHUR, ELIZABETH BURN, MARC LEBLANC, DARREN MAJOR, CAMERON RYAN, JEFF VALOIS, JIM REILLY, ROBERT MCDOUGALL, MALCOLM MCKAY, BOB ERNEST, ALEX BALLINGALL, HEATHER CHIASSON, DUANE BRATT, WAYNE EASTER and GARY COLLINS. Props +1 to JEFF VALOIS, too. Friday's question: On this day in history, British and American forces have fought on both the same side and opposing sides. In 1944, they joined forces on the beaches of Normandy. During which war did they once engage in battle on June 6? Answer to canadaplaybook@ Writing Monday's Playbook: MICKEY DJURIC Canada Playbook would not happen without: Canada Editor Sue Allan, editor Willa Plank and POLITICO's Grace Maalouf.

A Look at How CNH and Nature's Net Wrap Are Rolling Out a World-First Natural Solution to Plastic Pollution
A Look at How CNH and Nature's Net Wrap Are Rolling Out a World-First Natural Solution to Plastic Pollution

Associated Press

time41 minutes ago

  • Associated Press

A Look at How CNH and Nature's Net Wrap Are Rolling Out a World-First Natural Solution to Plastic Pollution

The latest installment in world-class equipment, technology and services company, CNH 's 'A Sustainable Year' series spotlights the science behind Canadian bale storage innovator Nature's Net Wrap, a CNH Ventures partner. CNH speak with the innovators driving it forward, Larry and Austin Ruud, ranchers in Western Canada. And they highlight the real-world impact of rolling out their compostable bale net wrap across their Case IH and New Holland brand dealer networks in North America. The article also features customer feedback and insights from researchers at Lakeland College in Canada, who bring their scientific perspective to the discussion. Plastic net wrap and twine account for approximately 2.5 million tons of waste per year – at least half of all plastic waste in agriculture – and the market is worth around $1 billion USD a year. Nature's Net Wrap has developed the world's first compostable bale net wrap, which is made from a blend of biopolymers and natural fibers that have been tested extensively. It exceeds all global certification requirements and is currently patent pending. CNH presents this story on World Environment Day 2025 which calls for collective action to tackle plastic pollution. Visit 3BL Media to see more multimedia and stories from CNH

Formation Metals Retains StratExplo to Manage 20,000 Metre Multi-Phase Drill Program for the Advanced N2 Gold Project
Formation Metals Retains StratExplo to Manage 20,000 Metre Multi-Phase Drill Program for the Advanced N2 Gold Project

Associated Press

time41 minutes ago

  • Associated Press

Formation Metals Retains StratExplo to Manage 20,000 Metre Multi-Phase Drill Program for the Advanced N2 Gold Project

VANCOUVER, BC / ACCESS Newswire / June 6, 2025 / Formation Metals Inc. ('Formation' or the 'Company') (CSE:FOMO)(FSE:VF1)(OTC PINK:FOMTF), a North American mineral acquisition and exploration company, is pleased to announce that it has retained Strategy Exploration Advisors ('Stratexplo'), an independent exploration consulting firm based out of Rouyn-Noranda, Québec, as its field operations manager for its planned 20,000 metre multi-phase drill program at its flagship N2 Gold Project ('N2") in Quebec. N2 is an advanced gold project with a global historic resource of ~870,000 ounces comprised of 18 Mt grading 1.4 g/t Au (~809,000 oz Au) across four zones (A, East, RJ-East, and Central)2,3 and 243 Kt grading 7.82 g/t Au (~61,000 oz Au) across the RJ zone2,4 where the Company intends on commencing its maiden 5,000 meter drill program in Summer 2025. The drill program is designed to focus on discovery drilling at new high-potential targets along the mineralization strikes at the 'A', 'RJ' and 'Central' zones in the northern part of the property in order to discover new auriferous trends and unlock new zones of gold mineralization. The program will also focus on high-priority infilling and expansion targets in these zones to significantly enhance the project resource base (Figure 1). Historical highlights from the top two priority zones include: Stratexplo crews will be responsible for conducting surface exploration at N2, including field logistics, sample collection and dispatch, geological mapping and interpretation, exploration targeting and advising as per National Instrument 43-101 collection and reporting guidelines. These responsibilities are in addition to Stratexplo's on-going work as the Company's permitting manager, where they recently facilitated Formation's submission for its Application for Autorisation de Travaux d'exploration à Impacts (ATI) to the Ministère des Ressources naturelles et des Forets (MERN). The ATI submission was completed following discussions with all necessary parties and the Company anticipates receiving its ATI permit within the next 20 to 30 days, after which it intends on commencing its maiden drill program at N2. Deepak Varshney, CEO of Formation Metals, commented: 'We are thrilled to engage StratExplo as part of our team for the N2 Project. They are a top-notch firm that has led several successful programs in the past year, and we are very pleased to have them as part of maiden drill program at N2.' Mr. Varshney continued: 'Given the scale of the property, the compelling geological data, and the Abitibi Greenstone Belt's established history as a hotbed for gold mining, we believe the program designed will deliver our goal of growing N2's historical resource into a near-surface multi-million-ounce deposit. We see the potential for over three million ounces of gold at N2, and our maiden 5,000-metre drilling program will mark the beginning of Formation's pursuit of that goal. Our maiden program will focus on building on the successes of our predecessors. The drilling discoveries made by Agnico-Eagle and Cypress after the initial historic resource estimate show the expansion potential at N2. With gold at almost $4,200, over 4 times the price in 2008 when Agnico last drilled the project, we believe that the timing is perfect for N2 and look forward to a very busy upcoming quarter.' Comprising 87 claims totaling ~4,400 ha within the Abitibi sub province of Northwestern Quebec, Formation's flagship N2 Gold Project is an advanced gold project with a global historic resource of 877,000 ounces: 18.2 Mt grading 1.48 g/t Au (~810,000 oz Au) across four zones (A, East, RJ-East, and Central)2,3 and 243 Kt grading 7.82 g/t Au (~67,000 oz Au) across the RJ zone2,4. There are six primary auriferous mineralized zones in total, each open for expansion along strike and at depth. Compilation and geophysical work by Balmoral Resources Ltd. (now Wallbridge Mining) from 2010 to 2018 generated numerous targets that have not yet been investigated with diamond drilling. There are two primary focuses for Formation: The Company also believes that N2 has significant base metal potential, where it recently completed a revaluation process which revealed significant copper and zinc intercepts within historic drillholes known to have significant gold grades (>1 g/t Au). Assay results range from 200 to 4,750 ppm and 203 ppm to 6,700 ppm, for copper and zinc, respectively, indicating strong potential for elevated base metal (Cu-Zn) concentrations across the property, specifically at the A and RJ zones. Property wide geology at N2 features volcanic and sedimentary rocks formed in regional anticlinal and synclinal flexures. Three principal deformation structures (Figure 1), oriented along the known NW-SE to WNW-ESE structural trends typical of VMS deposits in the Matagami region, function as critical geologic controls for mineralization on the property. For the 2025 exploration season, Formation Metals will concentrate its efforts on the northern part of its N2 Project targeting gold deposit expansion and discovery along identified zones and fault systems associated with the main deformation features (specifically WNW-ESE trend), with IP surveys and drilling planned to model mineralized zones that will eventually contribute to an updated NI-43 101 compliant resource. Formation will also look to further review historic base metal assays from older drill core and undertake additional work in 2025 to assess the property's copper and zinc potential. The Company is also pleased to announce that it has arranged a non-brokered private placement of up to 5,714,285 flow-through units of the Company ('Units') at a price of $0.35 per Unit to raise aggregate gross proceeds of up to $2,000,000 (the 'Private Placement'). Each Unit will consist of one flow-through common share (each a 'FT Share') of the Company, and each FT Share shall qualify as a 'flow-through share' as defined in section 66(15) of the Income Tax Act (Canada), and one transferable common share purchase warrant (each a 'Warrant'), with each Warrant entitling the holder to purchase one additional common share (a 'Warrant Share') at an exercise price of $0.60 per Warrant Share for a period of two (2) years from the date of closing of the Private Placement. The Company may pay finders' fees to eligible finders, in accordance with applicable securities laws and the policies of the Canadian Securities Exchange ('CSE'). The Private Placement is subject to approval of the CSE, and all securities issued under the Private Placement will be subject to statutory hold periods expiring four months and one day from the date of closing of the Private Placement. The Company intends to use the net proceeds from the Private Placement for exploration on its N2 Property located in Quebec. Qualified person The technical content of this news release has been reviewed and approved by Mr. Babak Vakili Azar, an independent contractor and a qualified person as defined by National Instrument 43-101. Historical reports provided by the optionor were reviewed by the qualified person. The information provided has not been verified and is being treated as historic non-compliant intercepts. About Formation Metals Inc. Formation Metals Inc. is a North American mineral acquisition and exploration company focused on the development of quality properties that are drill-ready with high-upside and expansion potential. Formation's flagship asset is the N2 Gold Project, an advanced gold project with a global historic resource of ~870,000 ounces (18 Mt grading 1.4 g/t Au (~809,000 oz Au) across four zones (A, East, RJ-East, and Central)2,3 and 243 Kt grading 7.82 g/t Au (~61,000 oz Au) across the RJ zone2,4) and six mineralized zones, each open for expansion along strike and at depth including the 'A' zone, of which only ~35% of strike has been drilled (>3.1 km open), and the 'RJ' zone, host to historical high-grade intercepts as high as 51 g/t Au over 0.8 metres. FORMATION METALS INC. Deepak Varshney, CEO and Director For more information, please call 778-899-1780, email [email protected] or visit Neither the Canadian Securities Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. Notes and References: Forward-looking statements: This news release includes 'forward-looking statements' under applicable Canadian securities legislation, including statements respecting: the Company's plans for the Property and the expected timing and scope of the 2025 drilling program at the Property; the Company's view that timing is perfect for a near-surface multi-million-ounce deposit the Property; the Company's anticipated timeline with respect to the Application for Autorisation de Travaux d'exploration à Impacts (ATI) to the Ministère des Ressources naturelles et des Forets (MERN); the Company's view that the Property has the potential for over three million ounces of gold and the 5,000-metre drilling program marking the beginning of the Company's pursuit of that goal. Such forward-looking information reflects management's current beliefs and is based on a number of estimates and/or assumptions made by and information currently available to the Company that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors that may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Readers are cautioned that such forward-looking statements are neither promises nor guarantees and are subject to known and unknown risks and uncertainties including, but not limited to, general business, economic, competitive, political and social uncertainties, uncertain and volatile equity and capital markets, lack of available capital, actual results of exploration activities, environmental risks, future prices of base and other metals, operating risks, accidents, labour issues, delays in obtaining governmental approvals and permits, and other risks in the mining industry. The Company is presently an exploration stage company. Exploration is highly speculative in nature, involves many risks, requires substantial expenditures, and may not result in the discovery of mineral deposits that can be mined profitably. Furthermore, the Company currently has no reserves on any of its properties. As a result, there can be no assurance that such forward-looking statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. No Offer or Solicitation to Purchase Securities in the United States This press release does not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States. The securities referred to herein have not been and will not be registered under the Securities Act of 1933, as amended (the 'Securities Act'), or with any securities regulatory authority of any state or other jurisdiction in the United States, and may not be offered or sold, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. persons, as such term is defined in Regulation S under the Securities Act ('Regulation S'), except pursuant to an exemption from or in a transaction not subject to the registration requirements of the Securities Act. Not for distribution to United States newswire services or for dissemination in the United States. This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the 'U.S. Securities Act') or any state securities laws and may not be offered or sold within the United States or to U.S. persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. This news release shall not constitute an offer to sell or the solicitation of an offer to buy in the United States or to, or for the account or benefit of, persons in the United States or U.S. Persons nor shall there by any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. SOURCE: Formation Metals press release

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