JP Alegre

Canada

Writer at The Deep Dive (Canada)

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Articles

Tesla Faces Fatal Crash Lawsuit as Robotaxi Service Launches

4 days ago | thedeepdive.ca | JP Alegre

The family of a South Korean lawyer killed in a 2020 Tesla (Nasdaq: TSLA) crash filed a lawsuit against the electric carmaker Thursday, alleging sudden unintended acceleration and safety system failures led to the fatal accident. The case centers on a December 9, 2020 incident when a Tesla Model X crashed into an underground parking garage wall in Seoul’s Yongsan district. Lawyer Yoon, a passenger in the car, was killed in the crash and ensuing fire.
Liberals, Conservatives Pass 'One Canadian Economy Act' Despite Environmental, Indigenous Opposition

4 days ago | thedeepdive.ca | JP Alegre

Canada’s House of Commons passed sweeping legislation June 20 that would streamline approval processes for major infrastructure projects and remove interprovincial trade barriers, despite fierce opposition from Indigenous groups and environmental organizations. Bill C-5, known as the “One Canadian Economy Act,” passed with the rare Liberal and Conservative support after two weeks of parliamentary debate.
DeepSeek Assisted Military, Evaded US Export Controls, Official Says

4 days ago | thedeepdive.ca | JP Alegre

Chinese artificial intelligence company DeepSeek has provided user data to China’s government and military while using shell companies to circumvent US semiconductor export restrictions, a senior State Department official told Reuters. “We understand that DeepSeek has willingly provided and will likely continue to provide support to China’s military and intelligence operations,” the official said in an interview.
Congo Extends Cobalt Export Ban 3 Months to Combat Oversupply

4 days ago | thedeepdive.ca | JP Alegre

Congo’s mining regulator announced Saturday it will maintain restrictions on cobalt shipments for another three months as the African nation attempts to stabilize prices for the critical battery component. The extension pushes the export halt through September. Congo supplies roughly three-quarters of the world’s cobalt, a key ingredient in electric vehicle batteries. The ban began in February when cobalt traded at $10 per pound, marking a nine-year price low.
New York to Build First Nuclear Plant in Decades

4 days ago | thedeepdive.ca | JP Alegre

New York Governor Kathy Hochul on Monday ordered the state’s power authority to develop an advanced nuclear power plant in upstate New York, marking the first new nuclear facility planned in the state in decades. Hochul said the New York Power Authority will develop at least one nuclear energy facility with a minimum capacity of one gigawatt of electricity. The addition would boost the state’s total nuclear capacity to about 4.3 gigawatts. NEW YORK PLANS LARGE NUCLEAR-POWER FACILITY — WSJGOV.
Oil Prices Plunge Amid Israel-Iran Ceasefire

4 days ago | thedeepdive.ca | JP Alegre

President Donald Trump’s announcement of an Israel-Iran ceasefire triggered a massive selloff in oil markets Monday, with crude prices posting their biggest single-day decline in nearly two years as investors welcomed a potential end to Middle East hostilities. Brent crude, the global benchmark, plummeted $5.53 to close at $71.48 per barrel, a 7.2% decline that marked the largest daily drop since August 2022. US crude fell by the same percentage to $68.51 per barrel.
LNG Canada Begins Production at First Major Export Facility

4 days ago | thedeepdive.ca | JP Alegre

LNG Canada has started producing liquefied natural gas for export at its British Columbia facility, marking Canada’s debut in the global LNG market, according to sources familiar with the project. The Shell-operated facility began production at 4 a.m. local time Sunday, representing the country’s first major LNG export terminal with Pacific Ocean access. “At 4 a.m. local time LNG Canada started producing its first LNG,” a source told Reuters.
Canada Housing Agency Abandons 2004 Affordability Target

5 days ago | thedeepdive.ca | JP Alegre

Canada’s national housing agency is abandoning its goal to restore housing affordability to 2004 levels, calling the target “no longer realistic” after pandemic-driven changes fundamentally altered the country’s housing market. The Canada Mortgage and Housing Corporation announced it will instead aim to return affordability to 2019 levels, acknowledging that the remote work revolution and housing price surge during COVID-19 created permanent structural changes in the housing system.
Niger Seizes Uranium Mine From French Nuclear Giant Orano

5 days ago | thedeepdive.ca | JP Alegre

Niger’s military government announced Thursday its decision to nationalize a major uranium mine operated by French nuclear giant Orano, the latest move in a regional campaign by West African nations to seize control of their natural resources from foreign companies. The Council of Ministers adopted an ordinance authorizing the full takeover of the Somair uranium mine, a move that would end more than 50 years of French-controlled operations at one of the world’s significant uranium sites.
NATO Agrees to 5% Defense Spending Target Ahead of Summit

5 days ago | thedeepdive.ca | JP Alegre

NATO members agreed Sunday to dramatically increase their defense spending target to 5% of gross domestic product, bowing to pressure from President Donald Trump just days before a crucial alliance summit. The agreement, reached ahead of the NATO Summit in The Hague on June 24-25, is more than twice the current 2% GDP target established in 2014.