Thursday, May 8th, 2025
Ontario set to begin construction of Canada’s 1st mini nuclear power plant
Premier Doug Ford’s government has given Ontario Power Generation the green light to start construction on Canada’s first small modular reactor, a new nuclear energy technology to be built next door to the Darlington power plant. The small modular reactor (SMR) would provide 300 megawatts of power, enough electricity to supply about 300,000 homes, according to briefing documents from Ontario’s Ministry of Energy and Mines. It would be the first of four such reactors that OPG aims to build on the site, at a total project cost of $20.9 billion,Read more
Trump keeps 10% tariffs on U.K., cuts taxes on British autos, steel and aluminum in trade deal
U.S. President Donald Trump agreed on Thursday to cut tariffs on U.K. autos, steel and aluminum in a planned trade deal but played down the possibility of other nations getting similarly favourable terms on his import taxes, which are roiling the global economy. Under the framework agreement, the U.K. is to buy more U.S. beef and ethanol and streamline its customs process for goods from the United States. But Trump’s baseline 10 per cent tariffs against British goods are to stay in place, and the Republican president suggested that even higherRead more
Bill Gates set to give away $200B US by 2045, says Musk is ‘killing’ world’s poorest children
Bill Gates pledged on Thursday to give away $200 billion US via his charitable foundation by 2045 and lashed out at Elon Musk, accusing the world’s richest man of “killing the world’s poorest children” through huge cuts to the U.S. foreign aid budget. The 69-year-old billionaire co-founder of Microsoft said he was speeding up his plans to divest almost all of his fortune and would close the foundation on Dec. 31, 2045, years earlier than previously planned. Gates said he believed the money would help achieve several of his goals, such as eradicating diseases like polio and malaria, ending preventable deaths among women and children, and reducing global poverty.Read more
Trump calls 1st American Pope a ‘great honour’ as world leaders welcome Leo XIV
Current and former world leaders were quick to congratulate Pope Leo XIV on Thursday, after his fellow cardinals chose him to succeed the late Pope Francis. “What excitement, and what a great honour for our country,” U.S. President Donald Trump said in a post on social media, referencing the fact that the newly elected Pope was born in the United States. All four of the U.S.’s living past presidents offered congratulations to the 69-year-old, Chicago-born Cardinal Robert Prevost, now known as Leo XIV — himself the first-ever, U.S.-born pope. Former U.S. presidentRead more