Elon Musk's Critical Metals Warning: What Investors Need to Know

Elon Musk has repeatedly warned about the looming critical metals crisis, calling materials like nickel, copper, and PGMs essential to Tesla's future. One Canadian discovery in Quebec is drawing comparisons to Russia's Norilsk Mine and has the potential to reshape global supply chains. With heavyweight backers and a fully funded exploration plan, this opportunity demands attention.

Canadian Official Claps Back At Trump's 51st State Comments, Offers To Buy These Two American States

Chris Katje
January 09, 2025

Maps of the U.S. and surrounding territories could look a whole lot different in the coming years if President-elect Donald Trump is serious about trying to rename the Gulf of Mexico as the Gulf of America and trying to obtain Greenland and Canada.

Canada isn't ready to become an American state anytime soon and one official has his own suggestion to change the map.

What Happened: Back in December, Trump told Canadian Prime Minister Justin Trudeau that if Canada was unhappy with tariffs, the country could become the 51st state.

Fast forward to 2025 and Trump has continued to push for plans to make Canada the 51st state of the U.S. and even said he would be willing to use "economic force" to do so in a recent speech.

Canadian officials haven't taken kindly to the comments, whether they are jokes or not.

Ontario Premier Doug Ford suggested that instead of America getting Canada, the country to the north could offer to purchase two American states, as reported by the New York Post.

"To the president, I'll make him a counteroffer. How about if we buy Alaska? And we'll throw in Minnesota and Minneapolis at the same time? You know, it's not realistic," Ford said.

Ford said he believes Trump is joking, but he takes the notion of Canada becoming a state seriously.

"He may be joking, but under my watch, that will never, ever happen."

Trudeau, who recently announced he is stepping down as Canada's leader, also took exception to Trump's latest comments.

"There isn't a snowball's chance in hell that Canada would become part of the United States. Workers and communities in both our countries benefit from being each other's biggest trading and security partner," Trudeau tweeted.

Trudeau's tweet generated a response from billionaire and Trump ally Elon Musk.

"Girl, you're not the governor of Canada anymore, so doesn't matter what you say," Musk tweeted.

Did You Know?

  • Congress Is Making Huge Investments. Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool

Why It's Important: This isn't the first time Ford has spoken out about comments Trump has made since he won the 2024 presidential election.

Ford threatened to hurt Americans with energy and beer if Trump's 25% tariffs on Canadian exports go through.

"It would cut off the lights to a million and a half Americans. If they come at us, we have to stand up for Canadians, we have to stand up for Ontarians," Ford said.

While America imports items in the energy, beer and automotive sectors, Trump has said the country doesn't need its trading partner to the north.

"We don't need anything they have. So why are we losing $200 billion a year to protect Canada," Trump recently said.

While the changing of states or territories is unlikely to happen, the threat of tariffs on Canada by Trump could start a trade war with one of America's largest partners. The situation continues to develop ahead of Trump's Jan. 20 inauguration.

EWC Price Action: The iShares MSCI Canada ETF (NYSE:EWC), which is one of the largest Canadian stock ETFs, has fallen 5% over the last month. The top industries held in the ETF are financials (37.3%), energy (18.0%), industrials (11.5%), information technology (10.8%) and materials (10.4%).

Read Next:

  • Trump Tariffs On Mexico Could Affect Beer: Why Your Modelo, Corona Could Cost More Next Year

Photo: Shutterstock

Continue Reading...

Popular

What to know about Trump's buyout proposal for federal employees

President Donald Trump's administration is offering to federal employees to quickly reduce the government workforce. They don't have a long time to decide: The deadline is Feb. 6.

Nvidia faces a reckoning as an upstart rival raises questions about Wall Street's darling

NEW YORK (AP) — The superstar run for Nvidia’s stock the last few years has been astonishing. So was its tumble Monday, which caused $595 billion in wealth to vanish. That’s about as much as PepsiCo, McDonalds, Starbucks and Target are worth, combined.

Tired of Losses? Try Gigapips! - Ad

Stop losing and start earning on Forex with GigaPips MT4 EA. This expert advisor avoids risky strategies like Grid, Hedge, Arbitrage or Scalping. With WinRate above 66%, DrawDown below 38% and yearly profits averaging over 100%. GigaPips is well optimized for XAUUSD H1 using high-quality tick data from DukasCopy since 2016 till present. Features include spread filters, slippage protection, and equity safeguards.

Trump's Commerce Secretary nominee, Howard Lutnick, vows to sell his business interests in 90 days

WASHINGTON (AP) — Billionaire financier Howard Lutnick, President Donald Trump's choice to lead the Commerce Department, said Wednesday that he would sell all of his business holdings within 90 days.

Trump Could Make Surprising Tech Announcement Any Day - Ad

I want to show you a free demonstration. Of one of the most incredible technologies you've ever seen. You'll be getting a peek at the cutting edge... A decade from now, you'll remember where you were when you saw this video.

Edmunds' hybrid SUV test: 2025 Hyundai Tucson Hybrid vs 2025 Toyota RAV4 Hybrid

Hybrids are hot right now, and you have lots of choices if you’re considering a hybrid SUV. For years, the Toyota RAV4 Hybrid has been the go-to model for hybrid SUV shoppers.

NASA's 2 stuck astronauts take their first spacewalk together

CAPE CANAVERAL, Fla. (AP) — NASA’s took their first spacewalk together Thursday, exiting the International Space Station almost eight months after moving in.

Top AI Stocks for 2025 - Ad

My 2025 AI Blueprint features three of what I call Nvidia's "Silent Partners." Some of the world's hottest companies are working with AI's undisputed leader, Nvidia. And I've identified three of them that appear to be well-positioned for the next AI boom in 2025. Everything you need to know about them in my 2025 AI Blueprint.

Asset allocation when you have enough

I recently chatted with a retired couple who were looking for a second opinion about their portfolio’s . The key question: Is 65% in stocks too high for someone in their situation? Here, I’ll walk through some ideas about how to think through these issues.

Europe's economy showed zero growth at end of 2024 as Germany, eurozone's biggest economy, struggled

FRANKFURT, Germany (AP) — Europe’s economy stagnated at the end of last year as its former growth engine, Germany, finished a second straight year of shrinking output, officials said Thursday.

The Most Brain-Dead Simple Way to Make Money... on Earth - Ad

First, he turned $50,000 into $5.3 million... now watch as this legendary trader reveals how you can use his easy "profit window trick" to pinpoint trades that deliver gains of 116%... 137%... and even 227%... In weeks (not years).

Did DeepSeek copy ChatGPT? Trump adviser thinks so

Did the upstart copy ChatGPT to make the artificial intelligence technology that this week?

Shipments of uranium ore can resume under agreement reached with the Navajo Nation

Shipments of uranium ore from just south of the Grand Canyon are expected to resume in February after the Navajo Nation reached a settlement with the mining company, clearing the way for trucks to transport the ore across the largest Native American reservation in the U.S.

3 AI Stocks Tied to President Trump's White House Return - Ad

Trump's return to the White House coincides with AI's -- and Nvidia's -- continued boom. That's why the President is crucial to Michael Robinson's 2025 AI Blueprint. Michael is a 40-year veteran of Silicon Valley has an AI Blueprint featuring three companies working with Nvidia who could be poised to benefit now that Trump is back in the White House.

Kansas City Battles Major Tuberculosis Outbreak, 67 Active Cases, Hundreds Under Watch

Kansas City faces one of the worst U.S. tuberculosis outbreaks, with 67 active cases and 384 people under monitoring.

Stryker's Strategic Moves Impress Analysts, Spine Implant Sale and NARI Deal Set to Drive Future Growth

Wall Street analysts upgraded Stryker Corp (NYSE: SYK) after its Q4 report beat expectations, with strong sales and earnings growth projected for 2025.

Live Demo: New Tech to Surpass AI? - Ad

I want to show you a free demonstration. Of one of the most incredible technologies you've ever seen. You'll be getting a peek at the cutting edge... A decade from now, you'll remember where you were when you saw this video.

Moderna Stock Is Sliding Wednesday: Here's Why

Moderna Inc (NASDAQ:MRNA) shares are trading lower Wednesday after Goldman Sachs downgraded the stock. Here's what you need to know.

Warren Buffett's Investing Partner's Shocking Final Move - Ad

Before he passed away, Charlie Munger, Warren Buffett's investing partner of 60 years, was rumored to have quietly made one final investment... Up until now, it has remained hidden from the public. It's potentially the smartest, most profitable, and most under-valued AI investment you can make today.

Trump White House Puts DeepSeek Under National Security Scanner: 'Wake-Up Call To The American AI Industry'

The White House is reviewing China's DeepSeek AI for potential national security risks, amid growing concerns over intellectual property theft and its impact on U.S. AI dominance.

F5 Sees Big Wins in Multi-Cloud, AI Security, and IT Refresh, Analysts Forecast More Upside

F5 Inc (NASDAQ: FFIV) reported strong Q1 results, beating revenue and EPS estimates. The stock gained as analysts raised price targets and expectations for further growth from IT budgets, data center refresh, and AI demand.

"Trump Coins:" the Next Big Thing - Ad

Have you heard of "Trump Coins?" Even though these coins are associated with or endorsed by President Trump... Tech legend Jeff Brown believes his policies will help send these coins higher than anyone can imagine in 2025.

Gary Black Calls Tesla's Austin Robotaxi Launch By June 'Most Bullish' Takeaway, But Wants Answers On Auto Margins And Next-Gen EV

Tesla Inc. bull Gary Black highlighted the company's planned autonomous ride-hailing service in Austin as a significant development while expressing concerns about automotive margins and the forthcoming affordable electric vehicle's design.

How DeepSeek's Breakthrough Is Changing The Landscape For Multi-Industrials

BofA Securities analyst Andrew Obin sees potential growth for multi-industrial stocks like Vertiv Holdings and Eaton Corporation amid the rise of more efficient AI technologies.

Legendary Tech Investor: "Forget Nvidia, Buy This Instead" - Ad

In February 2016, Jeff Brown picked Nvidia as one of his favorite stocks. Since then, shares have jumped enough to turn $1,000 into more than $230,000. If you missed out on those massive gains...

Dan Ives Expects Meta And Microsoft To Stand Firm On $60 - $80 Billion AI Spending Plans Amid DeepSeek's Disruptive AI Model

Wedbush Securities analyst Dan Ives expects Meta Platforms Inc. and Microsoft Corp. to stand firm on their ambitious artificial intelligence spending plans during their upcoming earnings calls, despite recent market jitters over Chinese AI startup DeepSeek's emergence.

Is This Defi Coin Your Next "10-Bagger" Investment? - Ad

Our #1 pick in decentralized finance is largely overlooked by mainstream investors (for now). This governance token could skyrocket as DeFi adoption surges with the smart money and institutions.

Nvidia Says DeepSeek An 'Illustration' Of How New AI Models Can Be Created While Being Export-Control Compliant Amid $600 Billion Market Value Plunge

Nvidia Corp. has thrown its support behind China's DeepSeek R1 artificial intelligence model, calling it "an excellent AI advancement" even as the startup's emergence triggered a historic $600 billion plunge in the chipmaker's market value on Monday.

Everyone aboard an American Airlines jet that collided with an Army helicopter is feared dead

ARLINGTON, Va. (AP) — At least 28 bodies were pulled from the icy waters of the Potomac River after an American Airlines jet carrying 60 passengers and four crew members collided with an Army helicopter while landing at Ronald Reagan National Airport near Washington, officials said Thursday.

This Electric Boating Stock Has Potential To Soar - Ad

While competitors struggle, one company is leading the electric boating industry with scalable production, strategic partnerships, and a revolutionary powertrain. In a market set to move, this stock is quietly gaining momentum.

Elon Musk's Tesla Records $600 Million In Paper Gains On Bitcoin In Q4 Thanks To New Accounting Rule

Electric vehicle behemoth Tesla Inc. (NASDAQ:TSLA) reported an unrealized gain of $600 million on its cryptocurrency holdings in the fourth quarter.

3 ETFs Shine As Trump's First Week Sparks Record Gains Followed By Tech Slump

The S&P 500 had a strong first week, with ETFs such as SPY, VOO and IVV seeing gains. Were Trump's economic policies a factor?

Musk and Trump Bullish on New Tech Beyond AI - Ad

Elon Musk is heavily invested in a cutting-edge new technology. In fact, Musk has turned the new president on to this breakthrough. And President Trump could make an announcement any day that could spike the price of stocks in this sector.

Robert Kiyosaki Predicts Yet Another Stock Market Crash, Pitches Bitcoin Investments -- Here's What The 'Rich Dad Poor Dad' Author Said

Renowned investor and author Robert Kiyosaki on Monday predicted a major stock market crash in February and advised investors to focus on Bitcoin (CRYPTO: BTC), gold, and silver.

Czech Central Bank Considering 5% Bitcoin Reserve

The Czech National Bank (CNB) could become the first Western central bank known to allocate a portion of its reserves to Bitcoin (CRYPTO: BTC).

Struggling to Get By? This Could Be a Godsend - Ad

If you knew with 90% certainty, Amazon was about to tack on 22.5% to its share price... AND you also knew exactly when that climb would start and end... how much money do you think you'd be able to rake in? $1,000... $5,000... $25,000... Maybe even more? If you'll give me 5 minutes... I'd like to help you answer that question.

DeepSeek Suffers 'Degraded Performance,' Says Hit By 'Large-Scale Malicious Attacks' After Rapidly Emerging As App Store Chart Topper

Chinese AI startup DeepSeek faced significant cyberattacks amid its rapid rise, including topping the U.S. App Store and challenging AI giants with its cost-effective R1 language model.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright systemtrading.ca
Privacy Policy | Terms of Service