MicroSectors U.S. Big Oil -3x Inverse Leveraged ETNs due February 17, 2045 (NRGD)

BMO Asset Management Inc. announced monthly cash distributions for its ETFs and ETF series of mutual funds, with distributions payable on November 4, 2025, for unitholders of record as of October 30, 2025.

Osisko Développement has agreed with financial institutions to conduct a C$30 million private placement of national and British Columbia flow-through shares, with proceeds to be used for mining exploration expenses in Canada.

UBS analysts have a cautiously optimistic outlook on Canadian banks, recommending buys on Royal Bank of Canada and National Bank of Canada due to their strong balance sheets and diversified business mix, while maintaining neutral ratings on the other four major banks amidst macroeconomic challenges.

Oil prices are on their longest weekly losing streak since 2018, leading to a surge in inverse or inverse-leveraged energy ETFs.

Demand for oil will likely remain constrained this year as one-third of the global economy is set to fall into a recession. Click here to read why USO is a Sell.