Canada

Space mining is not science fiction, and Canada could figure prominently

Cliffs in ancient ice on Mars. Credit: NASA

In this era of climate crisis, space mining is a topic of increasing relevance. The need for a net-zero carbon economy requires a surge in the supply of non-renewable natural resources such as battery metals. This forms the background to a new space race involving nations and the private sector.


Canada is a space-faring nation, a world leader in mining and a major player in the global carbon economy. It’s therefore well-positioned to actively participate in the emerging space resources domain.

But the issues arising in this sphere are

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RBC, Toronto-Dominion Snared in Canada University Bankruptcy

(Bloomberg) — Laurentian University owes three Canadian banks C$91 million ($71 million), according to documents in a bankruptcy filing that one analyst says will be a test case for how the country’s schools deal with growing financial pressures.

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The Sudbury, Ontario-based university requested court protection under the Companies’ Creditors Arrangement Act on Monday, citing widening deficits, declining enrollment and costs related to the pandemic. Laurentian is one of the financially weakest universities in the province, and “we intend to change that,” President Robert Hache said in a statement.

Laurentian had C$321.8 million in liabilities as of April

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