Canada Financial News

Abu Dhabi-listed Phoenix Group has launched a new 25-megawatt cryptocurrency mining facility in Willamette, South Carolina.

HIVE Digital Technologies has announced plans to construct a 100-megawatt Bitcoin mining facility in Paraguay, marking its first venture into the country.

Visitors, campers and residents of Jasper National Park were told to get out late Monday night as high temperatures and winds fanned the flames of a wildfire threatening the national park in western Alberta.

wildfires in Alberta are coughing up clouds of smoke that are obscuring the sky and hazardous to health.However, there’s so much smoke that wildfires are being shaded from the sun and daytime temperature highs in some areas are cooler than forecast, leading to reduced fire activity.Wildfire officials say they are expecting “increased and significant fire behaviour” when the smoke clears as hot and dry weather continues.About 7,500 people in Alberta have been forced to flee their homes because of wildfires, with five communities under evacuation orders.That includes all three communities in the Little Red River Cree Nation, which is being threatened by an out-of-control wildfire complex that’s estimated to be more than 960 square kilometres in size.Environment Canada says cooler temperatures are expected to start moving into northwestern parts of the province starting Monday night, though hot conditions may persist through much of the week farther south.

A cereal for babies is being pulled off the shelves across Canada due to concerns over a rare bacterial illness that could potentially be fatal in infants.

Cleveland-Cliffs says it will produce electrical transformers at a West Virginia facility that closed earlier this year

Insurance-focused conglomerate Fairfax Financial on Monday agreed to buy retailer Sleep Country Canada Holdings in a deal valued at C$1.7 billion ($1.24 billion).

Economists widely expect the Bank of Canada to cut its policy rate for the second consecutive time on Wednesday after data released the past month suggested the Canadian economy is feeling the pinch of higher rates.

When a couple separates, myriad financial issues inevitably arise. Chief among them is what to do with a jointly owned home. For the separated couple, continued joint ownership of the home is, almost always, unrealistic. Two options remain: one spouse can buy out the other’s interest in the home or the home can be sold.

The Canada Revenue Agency issued a cautionary press release earlier this year about the importance of sticking within your tax-free savings account contribution limit. Titled Watch your limit – stay within it!, the CRA reminded Canadians that it’s possible to overcontribute to a TFSA in a number of ways.

TORONTO — Sleep Country Canada Holdings Inc. says it has agreed to be sold to Fairfax Financial Holdings Ltd. for around $1.7 billion.

Canadians’ migration east in search of cheaper housing and a better quality of life in the Maritimes appears to be losing steam.

After more than a decade of dismal fixed-income performance, with Canadian indexes eking out low single-digit annualized returns, the tides are finally shifting.

Hong Kong is introducing a new Bitcoin exchange-traded fund that allows investors to bet against the cryptocurrency, even as the market reaches near 6-week highs.

Air Canada cut its full-year core profit forecast on Monday, as over-capacity in certain markets and competition on international routes impacted its pricing power.

Mint. “It will be remiss if we don't take advantage of the talent pool here." This comes at a time when tech hiring in India is slowing. Many IT firms and startups are downsizing or tightening their purse strings, offering low compensation and hikes.

LEH: Expanding its probe into the seizure of 108 kilogrammes of gold bars from the Line of Actual Control (LAC) along the India-China border, the Directorate of Revenue Intelligence (DRI) found that gold bars were smuggled from seven countries, including the United States, Canada, Germany, Saudi Arabia and Dubai, and were brought to Tibet, from where they were meant to be smuggled into India. A total of five suspects, including a couple who ran two cafes in upmarket Leh, have been arrested and taken to Ludhiana for interrogation by a joint team of the DRI, customs and Intelligence Bureau, officials told ET. They said the couple, identified as Tender Tashi and Tashi Dolma, recruited Tenzin Samphel, a native of Hanley in eastern Ladakh, who in turn hired two couriers, Tenzin Targy and Tsering Chamba, from Hanley. The interrogation of the suspects revealed the name of the alleged kingpin, who is believed to be based in Delhi and is presently on the run, according to the people.

As owner, editor and sole reporter of Ku’ku’kwes News, Maureen Googoo starts the day by publishing her latest scoops about Canada’s indigenous communities. Tracking the number of people that flocked to read those stories used to be a pleasure. Nowadays, Ms Googoo says, she dreads it.

Canada’s auto theft problem might be showing signs of easing, but drivers are likely to continue feeling the pinch on their insurance premiums, experts tell Global News.

A 33-year-old Iranian woman who had been in the country less than two months was found dead inside a suitcase in St. John’s on Tuesday, according to the Royal Newfoundland Constabulary.

The Wild Canada zone at the Wilder Institute Calgary Zoo was closed Friday after one of the zoo’s two polar bears — a seven-year-old male named Baffin — did not resurface from the pool and died.