November 5, 2025 - The results are in. Democrats running on affordability and energy politics won big on Election Day across several states. Politico reports yesterday’s success all but ensures next year's midterms will have Democrats’ message on high electricity prices front and center.

Looking north, Canada’s government has released its new federal budget, and mining is in the spotlight. The proposed budget includes a $1.4bn sovereign fund for critical minerals, and widens exploration tax credits to a dozen other minerals. The sovereign fund will make equity investments, provide loan guarantees and enter into offtake agreements for eligible projects and companies.

And today the U.S. Supreme Court will hear oral arguments on the legality of most of President Trump’s tariffs. The president has declared emergencies under a 1977 law called the International Emergency Economic Powers Act to impose tariffs on goods from China, Mexico, Canada and dozens of other countries. A coalition of small businesses and states say the president has overstepped his authority. President Trump has called the tariff case “one of the most important … in the history of our country”.