Quebec town discovers prehistoric artifacts while digging to construct a new rink
Watch
Prehistoric artifacts dating from 6,000-8,000 years ago were discovered while crews dug to build a new skating rink in Sorel-Tracy, Quebec,
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
CBC
2 hours ago
- CBC
The northern cod quota increase is a scientific oversight or an economic win — depending on who you ask
Federal Fisheries Minister Joanne Thompson said the decision to double the total allowable catch to 38,000 metric tonnes was based on science. But one scientist disagrees. Meanwhile, other groups say it will bring jobs back. The CBC's Todd O'Brien reports.
National Post
4 hours ago
- National Post
How does a rockslide happen? 'The mountain that moves' was Canada's deadliest
A large rockslide in Banff National Park left up to 15 hikers injured Thursday, leading to one potential death and raising a series of questions about how and why the disaster occurred. Article content With officials still working on rescue and treatment of survivors, it will be some time until an investigation concludes why the rockslide happened. But a look at published research and archive news articles on rockslides provides some general information about the dangerous occurrences. Article content Article content Article content Article content A rockslide happens when a large chunk of rock detaches itself from the mountain where it sits and begins sliding down the slope. Why does this occur? Well, natural erosion or seismic activity can cause a rockslide, as can heavy rainfalls. Human activity such as excavation, construction or mining can also lead to a rockslide. Article content As one chunk of rock begins its downward slide, it can quickly gain momentum and trigger massive amounts of other rock to also begin sliding, leading to devastating effects. notes a landslide or rockslide can occur 'when gravitational and other types of shear stresses within a slope exceed the shear strength (resistance to shearing) of the materials that form the slope.' Article content What's the difference between a landslide and a rockslide? Article content A landslide occurs when sediment or loose dirt disengages from a hill or mountain and begins moving downwards. A rockslide, however, means solid rocks are also being swept down a slope during a similar type of event. Rockslides are also incredibly fast-moving, as they tend to move down a flat surface of a mountain. Article content The most horrific rockslide in Canadian history occurred in 1903 when a huge slab of Turtle Mountain crashed down onto the town of Frank and Crowsnest Pass (about 250 kilometres southwest of Calgary). At least 72 known residents were killed in the natural disaster, as were an undetermined number of others visiting or passing through the area. Some historians thus put the death toll closer to 90. Article content An estimated 80 to 110 million tonnes of rock were involved in the deadly event that came to be known as Frank Slide. The rockslide only lasted about a minute and a half. Article content Newspaper clippings and archive stories from the rockslide describe the horrific results that led to the deaths of men, women and children. As those clippings note, information about the state of some of the victims was disturbing, but shed light on how powerful the rockslide was: 'The leg and hip of a man was found lying fifty yards from the Imperial Hotel.'
Globe and Mail
5 hours ago
- Globe and Mail
Is Rocket Lab USA Stock a Buy Now?
Over the past few decades, private companies have expanded the possibilities of space exploration and research. According to estimates from consultancy McKinsey, the space economy is projected to grow to $1.8 trillion by 2035. With such substantial growth ahead and innovation across the industry, the space economy is emerging as a potentially significant investment opportunity. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » While companies like SpaceX lead the way, they remain private. Alternatives like Rocket Lab USA (NASDAQ: RKLB) are making waves in the small-satellite launch market, and it is the second-most utilized launch provider in the U.S. The space company is expanding its services, including lunar exploration and satellite deployment, in response to increasing demand. Here's what investors should know about Rocket Lab and its long-term opportunity today. Second in space launches in the U.S. Rocket Lab USA, founded in 2017, has enjoyed strong demand for its services over the past several years. The company generated $436.2 million in revenue in 2024, representing a 78% increase from the previous year. Strong growth has been driven by increasing demand, as evidenced by its rising backlog of orders, which now stands at $1.1 billion. That sizable figure indicates strong demand and provides some visibility into its future revenue generation. The company anticipates recognizing about 56% of this backlog as revenue over the next year. Since its founding, Rocket Lab has completed 66 launch missions, including 16 in 2024, making it the No. 2 launch company in the U.S. However, it remains well behind SpaceX, which launched 132 rockets last year and has larger rockets and the ability to transport bigger payloads. Rocket Lab aims to close this gap with its Neutron rocket, which it expects to launch sometime this year. The rocket represents a significant development for Rocket Lab since it will allow transport of larger payloads -- nearly 40 times larger than its Electron launch vehicle. This capability is vital as demand for launching satellites and other cargo continues to grow. The larger rocket will also enable Rocket Lab to compete for larger contracts and achieve higher profits and margins per launch. Pursuing every part of the space value chain Besides its launch vehicles, Rocket Lab is carving out a niche in the space systems section of the broader space economy. For example, it acquired the German company Mynaric for $75 million. It provides laser optical- communications terminals for air, space, and mobile applications. By acquiring Mynaric, Rocket Lab can scale up production of optical communication terminals, which are crucial for satellite-to-satellite connectivity. The German company was already a subcontractor for Rocket Lab, and the integration will give it greater control over its supply chain, allowing it to operate more efficiently. CEO Peter Beck said that his company would pursue every part of the space value chain and that it was "closing in on the final step and most valuable part of the space economy: operating our own constellations to provide data and services from space." Rocket Lab's finances As an investor evaluating opportunities within the aerospace sector, it's crucial to analyze the current financial state of Rocket Lab. Delays in the launch of the Neutron rocket could hinder its near-term prospects and would likely weigh on the stock in the short term. Furthermore, the company is grappling with sizable operational losses, reflecting its high cash burn, which may be a red flag for conservative investors seeking stability. Last year, revenue was $436.2 million while the cost of revenue and operating expenses soared to $626 million. As a result, the company had an operating loss of $190 million. This trend continued in the first quarter, with an operating loss of $59 million on $122.5 million in revenue. RKLB Revenue (Quarterly) data by YCharts. Rocket Lab has expressed optimism about its path toward profitability. Analysts project the company could achieve positive cash flow by 2026 and earnings by 2027. Is Rocket Lab USA right for you? Rocket Lab's future is bright. Its backlog of orders is significant, and it has been included as part of the U.S. Space Force's $5.6 billion National Security Space Launch program. As part of this, Rocket Lab has been selected to compete for the Department of Defense's national security missions for its National Security Space Launch (NSSL) Phase 3 Lane 1 program. If chosen, its success here could lead to stable and potentially lucrative contracts over the long term. As investors, we must strike a balance between risk and reward and understand what we are getting into. Rocket Lab USA is a fast-growing company in the emerging space economy. It is positioning itself not just as a launch company, but as one that also operates across the entire space value chain. Rocket Lab's current financials may deter those seeking steady, reliable returns. However, for growth-focused investors, today could be an opportunity to get in at ground level with a company in an industry expected to experience significant growth in the years to come. Should you invest $1,000 in Rocket Lab right now? Before you buy stock in Rocket Lab, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Rocket Lab wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $659,171!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $891,722!* Now, it's worth noting Stock Advisor 's total average return is995% — a market-crushing outperformance compared to172%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 9, 2025
