Canada Financial News
04.05 / 09:39
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Entertainment
Boxing
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film
International
Disney’s ‘The Devil Wears Prada 2’ cat walks to the top of the box office
Subscribe to enjoy similar stories.Moviegoers couldn’t resist the chance to see Meryl Streep and Anne Hathaway reprise their roles as fashion magazine diva Miranda Priestly and her former assistant in Walt Disney’s The Devil Wears Prada 2.The 20th Century Studios’ remake of the 2006 hit film cat walked to the top of the domestic box office with an estimated $77 million take through Sunday, according to Comscore.AMC Entertainment, the nation’s largest movie theater chain, offered luxury-inspired popcorn handbags in select theaters on opening day, perhaps contributing to its $32.5 million in ticket sales on Friday.Comscore’s head of marketplace trends Paul Dergarabedian said The Devil Wears Prada 2 overperformed in international markets, where it raked in $156.6 million—more than twice what it sold in the U.S. and Canada—for an estimated $233.6 million global opening.
12.05 / 02:39
UPS
economy
show
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Relationships
Consumer insolvencies highest since 2009 as Canadians struggle with debt
debt, data shows, as consumer insolvencies have reached their highest level since the start of 2009.Consumer insolvencies — a measure that indicates how many Canadians filed for relief under the Bankruptcy and Insolvency Act — reached record highs in the first three months of 2026, according to data from the Office of the Superintendent of Bankruptcy.In January, February and March, 37,121 Canadians filed for insolvencies — amounting to 17 Canadians filing for insolvencies every hour this year, according to the Canadian Association of Insolvency and Restructuring Professionals (CAIRP).This is the highest volume of Canadians filing for insolvencies since the first quarter of 2009, CAIRP said, when the Canadian economy was reeling from the aftershocks of the Great Recession of 2008.Compared to the same period in 2025, consumer insolvencies were up 8.5 per cent, while they were up 6.5 per cent compared to the last three months of 2025.Between January and March, 1,232 businesses in Canada filed for insolvency.
07.05 / 10:47
markets
COST
UPS
Discover
country
reports
rights
Unearth gold to lighten its import burden—there’s plenty of this metal waiting to be dug up in India
Subscribe to enjoy similar stories.India’s merchandise trade deficit was about $333 billion in 2025-26, 17.5% wider than the previous year’s. Reducing import dependence is critical and gold stands out as a major item in this context. As the world’s second-largest gold consumer, the country imported nearly 803 tonnes in 2024-25 but produced just 1.6 tonnes (0.2% of demand); last year’s figures would be comparable.
07.05 / 02:27
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Trade
President
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Trump’s latest tariff threat is a wake-up call for US trade partners
Subscribe to enjoy similar stories.President Trump’s threat to raise tariffs on European cars is a warning for investors and U.S. trading partners that the Iran war hasn’t dissuaded him from his trade agenda or his willingness to strong-arm allies through economic pressure.Trump said Friday that the U.S. would increase tariffs on European cars and trucks to 25% from the 15% level that was agreed to as part of a preliminary trade deal last summer.
04.05 / 09:39
markets
Entertainment
Boxing
film
Actor
audience
Updates
Nostalgia powers big debut for ‘The Devil Wears Prada 2’
Subscribe to enjoy similar stories.Nostalgia is paying off for Hollywood.“The Devil Wears Prada 2” opened to an estimated $233.6 million worldwide this weekend, driven largely by women eager to rejoin Meryl Streep and Anne Hathaway in the world of fashion journalism 20 years after the original movie. It grossed $77 million in the U.S.
17.04 / 01:23
17.04 / 01:23
markets
UPS
Analysis
War
country
reports
India to continue buying Russian crude, LPG despite end of US sanctions waiver
Subscribe to enjoy similar stories.India will continue to buy crude oil and cooking gas (liquefied petroleum gas or LPG) from Russia, even after the US’s one-month waiver of sanctions on such imports has expired, according to two people aware of the development.In early March, the US briefly waived sanctions on Russian oil and petroleum products that were already in transit, amid concerns over global supply disruptions linked to the West Asia war. The waiver will not be extended, US treasury secretary Scott Bessent said on Wednesday.The first person cited above said waiver on sanctions is the US’s prerogative, and India’s imports would not depend on it.
03.04 / 01:45
markets
UPS
Fighting
economy
Trade
War
How insulated is the US economy from the Iran war?
. 28, lasts for only a few more weeks, falling gas prices will likely deliver an economic tailwind later this year. If the stress continues for months, however, economists will start to worry about a slowdown, or even a recession.President Trump in a prime-time speech Wednesday said he would achieve America’s military objectives “very shortly” and vowed to hit Iran “extremely hard over the next two to three weeks.” Equities markets closed little changed Thursday, while U.S. oil futures soared.The U.S.
27.03 / 09:01
markets
UPS
Aware
Food
trends
show
Updates
From chapatis to cold coffee, protein is showing up everywhere
FMCG) companies are now embedding protein into everyday items—from burgers and coffees to staples like chapatis—to drive frequency and mainstream adoption.“We see protein as a long-term shift rather than a niche trend, especially as consumers become more aware of nutritional gaps in everyday diets. However, for this to truly scale in India, it has to be accessible,” said Enakshi Dasgupta, head of new product development, iD Fresh Food.
25.03 / 10:39
markets
Updates
The world is panicked over oil. Canada sees opportunity.
Write to [email protected] all the Industry News, Banking News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
25.03 / 08:55
UPS
FIVE
Career
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Experts
reports
Relationships
73% of Canadians say ‘many’ stay in relationships for finances: survey
marriage or in common law relationships for financial reasons.”In addition, 80 per cent of Canadians say life is more affordable in a relationship versus being single.Nearly one in four (23 per cent) of surveyed Canadians also said they like the idea of a “five-year renewable relationship contract” instead of getting married.The survey states that four in 10 Canadians (40 per cent) say marriage is “mainly about practicalities for those planning or already have children.”This view is higher among Canadians who identify as male (at 45 per cent) versus female (36 per cent).In addition, 83 per cent believe that couples often stay together for the sake of their children.Clay Jarvis, a financial expert at NerdWallet Canada, said marriage is a “major financial decision” that should encourage couples to evaluate their financial situations.“I think if the conversation is about determining whether to have kids because you can afford them now, I think that’s because your reality now is what you’re basing all of your decisions on,” he said.
23.03 / 08:53
markets
COST
Strategy
economy
Trade
International
Why Washington’s policy quakes can’t disturb California’s economy beyond a point
There is a paradox at the heart of the US economy. As the federal government imposes sweeping tariffs, signals hostility to multilateral trade and unnerves long-term investors with erratic policymaking, one state has emerged as the most reliable US address for global capital: California, the world’s fourth-largest economy and America’s second-largest exporting state with $188 billion in annual goods exports.
20.03 / 08:07
markets
UPS
Food
Trade
War
country
rights
Gulf war fertilizer crunch: Why it’s good news for China and bad news for India
You might have heard that the conflict in the Strait of Hormuz is going to leave poor countries starving. That’s not quite right. The reality may be almost as serious, though—and China will be the victor.The theory stems from the importance of the Persian Gulf in the world’s fertilizer trade.
19.03 / 15:25
COST
economy
Equifax
War
show
reports
rights
Is the pain of the K-shape economy bleeding into the middle class?
cost of living, with new data showing more are taking on debt as financial pain bleeds out into broader sections of the economy.It comes as the so-called “K-shape” economy continues to underscore a widening wealth divide between Canada’s highest and lowest income groups, with Equifax reporting debt among Canadians with higher credit scores is rising.“There’s more of a divergence happening and a few of the higher income or low-risk people are kind of switching almost on that ‘K’,” says Rebecca Oakes, vice-president of analytics at Equifax Canada.“Everything that’s happening right now is just going to add pressure to an already difficult situation where we did have diversions in financial health.”Total Canadian consumer debt in the fourth quarter, or final three months of 2025, increased 3.13 per cent from a year earlier to $2.65 trillion, and non-mortgage debt increased by 4.5 per cent.Those with higher credit scores of between 751 and 880 out of the scale to 900 saw their non-mortgage debt rise by 6.1 per cent, while lower credit scores of 320 to 580 remained mostly the same, the report showed.“It doesn’t really matter what your credit score is. What matters is how much income you have relative to your expenses.
19.03 / 03:31
markets
UPS
Career
Bill
Inside
information
Being ‘the next Warren Buffett’ sounds like an honor. It is more of a curse.
a “Chinese Warren Buffett” in a LinkedIn profile, was convicted in 2013 of defrauding customers in a $50 million Ponzi scheme. He was sentenced to six years in jail and released in 2019.
14.03 / 05:41
Provident
Gap
hospital
patient
guidelines
Courts
rights
Mint Explainer | The gaps in India's withdrawal of life support protocols
The court waived the mandatory 30-day "reconsideration period," usually required by the 2023 guidelines, noting that the patient's family, medical boards, and the state were in unanimous agreement. Active euthanasia involves a deliberate act to end a patient's life, such as administering a lethal injection.
10.03 / 16:17
markets
UPS
Booking
security
President
War
country
Facing domestic cooking gas supply squeeze, Indian refiners up LPG production by 10%, secure 20 very large gas carriers
New Delhi: Indian refiners have ramped up daily domestic production of liquefied petroleum gas (LPG) by around 10% in the past few days in the face of a supply squeeze from the US-Iran war, two people aware of the development said.The refiners have also secured 20 very large gas carriers (VLGC) carrying around 1 million tonne (mt) cargo, mostly from the US, the people said on condition of anonymity.However, the country is still short of another 20 VLGCs—totalling 2 mt—which Indian oil marketing companies (OMCs) have been scouting for since the war broke out on 28 February, these people added.“Production has already gone up by 10%,” the first person cited above said, adding that India is looking at sourcing more LPG from all available sources, including the US, Canada, Australia and Algeria.The second person said: “There was a shortfall of about 40 VLGCs, and 20 VLGCs have already been booked.
04.03 / 00:41
markets
Trade
War
country
reports
All eyes on oil stockpile as war throws a spanner in supply chain
oil and petro-products to deal with short-term disruptions. The Union ministry of petroleum and natural gas has formed a 24×7 control room to continuously monitor the supply and stock position across the country.State-run oil marketing companies (OMCs)—Indian Oil Corp, Hindustan Petroleum Corp. Ltd (HPCL), Bharat Petroleum Corp.
01.03 / 15:11
COST
Aviat
Airlines
security
International
Destinations
₹500 crore hit: The US-Iran war grounds Indian airline profits.
₹500 crore for carriers.In a tweet on Saturday, the Directorate General of Civil Aviation said Indian airlines cancelled around 410 flights on 28 February and 440 on 1 March due to security concerns in parts of the Middle East airspace, impacting Gulf and long-haul routes beyond the region, including services to London Heathrow and Canada.West Asia accounts for 15-20% of IndiGo’s daily revenue, according to at least one sell-side analyst. “Flight cancellations due to the West Asia crisis will have an impact on airline revenues.
28.02 / 09:57
security
Trade
War
peace
The great realignment: Why India is Looking to Canada and Israel as Kabul and Islamabad clash
There’s a full fledged war going on between once-close neighbours Pakistan and Afghanistan. The two have been trading deadly shelling and mortar fire across their border, with Pakistan Defence Minister Khwaja Asif saying on Friday that his country’s patience had “run out” and declaring “open war” on its neighbour.
26.02 / 09:35
markets
UPS
Racing
Opinion
reports
gatherings
Courts
With China and the US locked in an AI race, middle powers must act to break the stalemate on AI safety
Last week’s AI Impact Summit ended the way these gatherings routinely do. This time with a ‘New Delhi Declaration,’ a non-binding hymn to cooperation and the hope that “AI could be made to serve humanity.” It’s the sort of empty language that dozens of countries and international organizations can sign up to without changing a thing.The most revealing statement came from the industry. Hours before the declaration, OpenAI CEO Sam Altman offered a bit of moral arithmetic in an interview with the Indian Express.
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