Canada Financial News

13.07 / 08:36

Provident Aviat Action President Ames Updates WestJet mechanics ratify collective agreement following Canada Day strike

The union representing WestJet’s aircraft maintenance engineers announced Friday that members have ratified a collective bargaining agreement following strike action that disrupted travel plans over the Canada Day long weekend.

13.07 / 07:50

show performer stage innovations Videos cricket 'Evolving, just backward': Pakistan players' training videos go viral, faces fan fury after T20 WC disappointment

Pakistan cricket team has come under fire for their unconventional training methods following a disappointing performance at the T20 World Cup. Despite their efforts to innovate in practice, including drills on mattresses, critics and fans remain skeptical about their effectiveness. Viral Video Sparks Controversy A viral video showing Pakistan players performing fielding drills on old mattresses has sparked both amusement and criticism on social media. This unusual training approach has raised questions about the team's professionalism and preparation methods in the wake of their early exit from the T20 World Cup.

13.07 / 07:34

War Celebrity band performer country inclusion Features Canada Day: Celebrations held nationwide, Trudeau hails ‘inclusive’ values

Thousands converged in the nation’s capital and across the country to celebrate Canada Day, marking 157 years of Confederation.

13.07 / 07:23

cryptocurrency Survey Bank of Canada Survey Shows Canadians Prefer to Use Cash Rather Than Crypto

According to the Bank of Canada’s sixth Methods-of-Payment (MOP) report released on July 3, Crypto in Canada is not yet widely adopted. Despite the growing interest in digital currencies globally, many Canadians still prefer to use cash for their transactions.

13.07 / 07:22

Provident MET wellness information reports Courts B.C. woman allegedly trained by ISIS charged with terrorism

charges of leaving Canada to participate in a terrorist group as well as participation in the activities of a terrorist group.She appeared in court in Vancouver on Saturday morning and was scheduled to return on Aug. 2.The resident of Squamish, B.C.

13.07 / 06:44

UPS Waves BAY wellness reports Department Wave of Hudson's Bay temporary store closures hints at signs of stress: retail experts

Hudson’s Bay Co. made headlines last week after announcing it hoped to create a powerhouse in the world of luxury goods with the acquisition of Neiman Marcus Group LLC, but for some Canadian shoppers at its iconic Bay chain, it’s the basics that remain a bigger concern.

13.07 / 06:39

UPS students show country reports Colleges International How Canada is turning from a dream destination to a nightmare

Jobs crisis Temporary residents and recent immigrants are driving up Canada’s unemployment rate, as record numbers of newcomers welcomed to the country to fill labor shortages are now struggling to find work, Bloomberg has reported. The unemployment rate for temporary residents – including foreign workers, international students and asylum seekers – was 11% in June, according to Bloomberg calculations. Using comparable data, the unemployment rate for all workers was just 6.2% last month. Immigrants who’ve landed in the last five years are also having a hard time finding a job, with their unemployment rate reaching 12.6% in June.

13.07 / 06:38

FIVE performer cover hospital testing donates Courts If you think Indigenous people don't pay tax, think again

There’s a common misconception that Indigenous people in Canada simply don’t pay tax, but that’s generally not true since in order to be exempt from tax, the income earned must be situated on a reserve.

13.07 / 06:25

markets COST UPS economy trends show reports Posthaste: Canada's jobless rate seen topping 7% unless Bank of Canada cuts soon

Federal Reserve chair Jerome Powell caught the market’s attention this week when he said that inflation was not the only risk the United States is facing.

13.07 / 05:20

COST UPS country reports International Canadians deserve homegrown banking regulation, not a stifling international regime

On Friday afternoon, when many Canadians were lost in weekend thoughts or already on their way to the cottage, Canada’s bank regulator — The Office of the Superintendent of Financial Institutions — announced it will delay for one year implementing the final elements of the Basel III accord.

13.07 / 05:12

BLOCK security Metro WhatsApp Moodys reports Stocks in news: Nykaa, TCS, Tata Elxsi, Glenmark Life, YES Bank, Siemens

Nykaa, TCS, Tata Elxsi, Glenmark Life, YES Bank, Siemens among others will be in focus due to various news developments and first quarter results. TCS, Anand Rathi Wealth, Akme Fintrade Shares of TCS, Anand Rathi Wealth and Akme Fintrade will be in focus today as the companies will announce their first quarter results.

13.07 / 03:57

markets UPS Citi BLOCK economy Cycling show Posthaste: Obstacles to the Bank of Canada cutting rates are fading — except for this one

When the Bank of Canada made its first interest rate cut last month there were three risks economists cited that could stall the cycle — the Canadian dollar, the housing market and wage growth.

13.07 / 03:32

COST Analysis reports Headlines What's driving Canadian wage growth? All those federal government employees

Those looking for a reason why headline wage growth has remained persistently high despite the slowdown in inflation need look no further than the federal government, according to an analysis published this week by Desjardins Group.

13.07 / 03:30

UPS Citi Target wellness Devon Energy buys Grayson Mill Energy's Williston Basin business in $5B cash-and-stock deal

Devon Energy is buying Grayson Mill Energy’s Williston Basin business in a cash-and-stock deal valued at $5 billion

13.07 / 03:21

Provident pandemic TELUS country information International Telus tells Ontario call centre workers to relocate or risk losing their job

Telus Corp. has informed around 150 call centre employees based in Ontario they must relocate by October, apply for another role or agree to be laid off.

13.07 / 02:59

markets UPS Booking Manufacturing Experts country Prices are starting to fall at car dealerships. Is it time to buy?

For the first time in years, car shoppers are having an easier time finding a deal as the auto industry bounces back from supply chain woes — and experts say the outlook could get even better.

13.07 / 02:52

markets UPS economy pandemic President reports Jobless summer: Why youth unemployment is at a decade high

Youth unemployment jumped last month to 13.5 per cent, a level of joblessness among Canadians aged 15 to 24 not seen since September of 2014, excluding the pandemic.

13.07 / 02:38

security Strategy trends Trade country reports Updates Philip Cross: Canada's 'energy blindness' must end

In its monthly update on energy trends, Statistics Canada reported this week that this year, for the first time ever, Canada has become a net importer of electricity. The switchover in our electricity trade balance reveals the shortcomings of an energy strategy that now emphasizes decarbonization over energy security, leaving customers vulnerable to supply shortfalls and higher prices.

13.07 / 02:37

Remark community Freedom rights Interviews politician In groundbreaking move, Poilievre campaigns among evangelical Christians

Opposition leader Pierre Poilievre went to church last Sunday, not once, not twice, but three times — to three evangelical churches in the Toronto area where he briefly participated in the services, made a short political speech and moved on.

13.07 / 02:24

FIVE Refugees show country rights Investigations 5 more alleged senior members of Iranian regime face deportation from Canada

Immigration officials have launched deportation proceedings against five more suspected members of the Iranian regime found in Canada, according to newly released figures.

13.07 / 02:08

Aviat Dreams Election Arrow Research War prevention New research reveals how Canada’s aircraft interceptor dream came crashing down

Royal Canadian Air Force has revealed the reasons behind the failure of its much-touted Avro Arrow also called the CF-105. The aircraft was meant to be Canada’s ticket to global dominance in the civil aviation world and prevent the nuclear bombers of USSR from entering North America. This program was abandoned 65 years ago and recent documents have attributed many reasons for its failure. The flight after its successful flight was disbanded before it could be pressed into service. This aircraft was built during the cold war era in the 1950’s.

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