Author | Lightnews

SmallCapSteve @smallcapsteve.bsky.social · Jun 6

Carney has introduced a bill to permanently scrap Canada’s consumer carbon tax, while keeping industrial fees. The legislation includes tax cuts, a GST rebate, and new privacy rules. Voters may welcome fuel savings—despite backlash from environmental groups. #CarbonTax #MarkCarney #CanadianPolitics

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SmallCapSteve @smallcapsteve.bsky.social · Jun 6

Carney has introduced a bill to permanently scrap Canada’s consumer carbon tax, while keeping industrial fees. The legislation includes tax cuts, a GST rebate, and new privacy rules. Voters may welcome fuel savings—despite backlash from environmental groups. #CarbonTax #MarkCarney #CanadianPolitics

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SmallCapSteve @smallcapsteve.bsky.social · Jun 5

Doug Ford vowed to block U.S. steel imports after Trump hiked tariffs to 50%, shifting Ontario’s $30B demand to local mills like Stelco and Algoma. Canada warns of job risks as it weighs retaliation. #SteelTariffs #DougFord #TradeWar #MadeInOntario

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SmallCapSteve @smallcapsteve.bsky.social · Jun 5

Truth Social’s parent firm has filed to list a Bitcoin ETF on NYSE Arca, deepening Trump’s crypto push. The fund, backed by a $2.5B BTC treasury, aims to rival BlackRock and offer a “patriotic” investing option. #BitcoinETF #TrumpMedia #CryptoNews

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SmallCapSteve @smallcapsteve.bsky.social · Jun 3

Trump disavowed reports of a monitored uranium deal with Iran, declaring “WE WILL NOT ALLOW ANY ENRICHMENT,” hours after it surfaced. Tehran plans to reject the offer regardless, citing no sanctions relief. Talks are now on the brink. #IranDeal #DiplomaticWhiplash

SmallCapSteve @smallcapsteve.bsky.social · Jun 2

A massive leak has exposed layouts and security details of Russia’s top nuclear sites, including the hypersonic Avangard base. Over 2M files—some showing tunnel maps and alarms—were reportedly uploaded by contractors. Experts warn of major espionage risks. #RussiaLeak #NuclearSecurity

SmallCapSteve @smallcapsteve.bsky.social · Jun 2

The U.S.-China trade truce is already cracking. Treasury Sec. Scott Bessent accused Beijing of withholding chips and meds, while Trump declared the deal “TOTALLY VIOLATED.” China hit back, blaming U.S. bans and warning of retaliation. #USChinaTrade #ChipWar #TariffTruce

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SmallCapSteve @smallcapsteve.bsky.social · May 30

China slams U.S. chip curbs, says Trump violated trade truce. Nvidia faces $8B loss as Huawei bans escalate tensions. #TrumpVsChina #SemiconductorWar

SmallCapSteve @smallcapsteve.bsky.social · May 29

Elon Musk has quit as head of the Department of Government Efficiency after 130 days, citing disagreement with Trump’s new tax bill. The abrupt exit follows growing tensions over bureaucracy, trade, and Musk’s $300M political donations. #ElonMusk #DOGE #TrumpAdmin

SmallCapSteve @smallcapsteve.bsky.social · May 29

A U.S. court has struck down Trump’s emergency tariffs as unconstitutional, risking $10B in refunds and voiding levies under the 1977 IEEPA law. Markets jumped, but a White House appeal is expected. Legal experts warn of a looming constitutional clash. #TariffRuling

SmallCapSteve @smallcapsteve.bsky.social · May 29

Have you heard of the TACO trade? Well, Trump just did.

#tacotrade #stockmarket #investing

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SmallCapSteve @smallcapsteve.bsky.social · May 28

Canada faces its worst debt crisis since 2009: 1.4M missed payments in Q1, non-mortgage delinquencies up 19%, and C$2.55T in household debt. Ontario’s mortgage defaults spiked 71.5%, and under-26 credit card delinquencies hit 5.38%. #CanadaDebtCrisis

SmallCapSteve @smallcapsteve.bsky.social · May 28

How temporary foreign workers are hurting Canada's youth

#cdnpoli #canadianeconomy #tfws

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SmallCapSteve @smallcapsteve.bsky.social · May 27

Trump has halted student visa interviews worldwide, with plans to expand social media screening. Critics call it discriminatory and a threat to U.S. universities. Affected visas include F, M, and J types. #StudentVisaBan #TrumpImmigration #HigherEdCrisis

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SmallCapSteve @smallcapsteve.bsky.social · May 26

Trump threatened to cut $3B in funding from Harvard, accusing it of hosting “radicalized” foreign students. He proposed redirecting funds to trade schools. A judge blocked his attempt to limit foreign enrollments, sparking backlash. #TrumpVsHarvard #EducationFunding

SmallCapSteve @smallcapsteve.bsky.social · May 26

Canada cut nearly 10,000 federal jobs—2.6% of its workforce—to curb a $50.1B deficit. The CRA lost over 6,000 roles. PM Carney says it’s about modernization, not austerity, but critics warn of service delays. Payroll costs had hit $65B. #CanadaJobs #FederalCuts

SmallCapSteve @smallcapsteve.bsky.social · May 23

Trump approved a revised U.S. Steel–Nippon Steel deal, projecting $14B in economic impact and 70K new jobs. HQ stays in Pittsburgh. X stock jumped 20%. The move reverses Biden’s block and signals Trump’s pro-investment stance. #TrumpDeals #USSteel #MadeInAmerica

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SmallCapSteve @smallcapsteve.bsky.social · May 23

Trump says iPhones not made in the U.S. will face a 25% tariff, targeting Apple’s India shift. AAPL slid 3%, with analysts warning of $3,500 iPhones if enforced. Samsung and EU tech also face tariffs. #TrumpTariffs #AppleUnderFire #iPhonePrices

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SmallCapSteve @smallcapsteve.bsky.social · May 22

The SEC paused its fraud case against crypto mogul Justin Sun—months after he invested $75M in Trump-linked ventures and became the top $TRUMP coin holder. Critics call it “pay-to-play politics.” #CryptoPolitics #TrumpToken #SECWatch #JustinSun

SmallCapSteve @smallcapsteve.bsky.social · May 21

Bitcoin hit a record $109,500 as soft inflation, trade relief, and a U.S. debt downgrade drive demand. Up 16% in May, fueled by $40B in ETF inflows and rising corporate holdings. BTC held by public firms now tops $349B. #BitcoinRecord #CryptoBoom #BTC #AltStoreOfValue

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SmallCapSteve @smallcapsteve.bsky.social · May 21

Gregor Robertson is the worst possible pick for housing minister.

#torontohousing #canadahousing #canadarealestate

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SmallCapSteve @smallcapsteve.bsky.social · May 21

Japan refuses to ease U.S. trade tensions without full tariff removal, especially the 25% duty on auto exports. With GDP shrinking and exports down, Tokyo stands firm ahead of D.C. talks, warning it won’t rush concessions. #JapanUS #TradeWar #AutoIndustry

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SmallCapSteve @smallcapsteve.bsky.social · May 20

China accuses the US of “unilateral bullying” over new chip curbs on Huawei, claiming it breaks trade talks and threatens supply chains. Beijing warns of retaliation as AI tech becomes a flashpoint in global power struggles. #ChinaUS #Huawei #TechTradeWar

SmallCapSteve @smallcapsteve.bsky.social · May 16

Canada names ex-journalist Evan Solomon to lead its first Ministry of AI, sparking debate over his tech chops. He’ll oversee the delayed AI and Data Act amid concerns about synthetic media and slow AI adoption. #CanadaAI #EvanSolomon #TechPolicy

SmallCapSteve @smallcapsteve.bsky.social · May 15

PM Mark Carney's Liberals will skip a 2025 federal budget, opting for a fall statement instead. Critics call it evasive, amid inflation, debt, and US trade tensions. Poilievre says Carney is “hiding” from fiscal accountability. #CarneyBudgetDelay #CanadaPolitics