Canada Financial News
12.07 / 18:49
UPS
Fighting
Dreams
Football
FIFA
reports
Lionel Messi retirement: Football legend claims he is 'fighting last battles' for Argentina after reaching Copa America 2024 finals
Cristiano Ronaldo had stated that this was going to be his last Euro Cup 2024, which saw his team, Portugal, crash out in the quarterfinals, another big blow hits the football fans as Lionel Messi has dropped a big retirement hint after Argentina beat Canada and reached the finals of the Copa America 2024.
12.07 / 18:39
markets
ETF
performer
track
reports
International
US ETFs have raked in $437B so far in 2024
The US ETFs market saw significant inflows in the first half of 2024, with June alone seeing $81 billion in new investments, according to a new report by National Bank of Canada.
12.07 / 18:39
markets
Man
Boxing
travelers
Courts
Destinations
kayaking
Chinese woman arrested after allegedly trying to smuggle 29 turtles into Canada
A woman from China has been arrested at a Vermont lake bordering Quebec for trying to smuggle 29 eastern box turtles, a protected species, into Canada by kayak, according to Border Patrol agents.
12.07 / 18:19
markets
COST
UPS
Cycling
show
reports
The results are in: June’s rate cut didn’t revive Canada’s housing market
Fresh home sales data has finally answered the question for real estate watchers: The Bank of Canada’s initial interest rate cut in June did not open the floodgates to buyers, many of whom remain sidelined through an unseasonably slow spring housing market.
12.07 / 17:56
UPS
Booking
Airlines
travelers
WestJet says to expect more disruptions despite strike’s end
WestJet says that despite reaching a deal with its mechanics’ union to end the strike that stranded tens of thousands of passengers over the Canada Day long weekend, flights are still likely to face disruptions this week.
12.07 / 17:33
12.07 / 17:25
UPS
Provident
Waters
community
Fishing
country
Updates
US would keep more hydropower under agreement with Canada on treaty governing Columbia River
The U.S. and Canada say they have agreed to update a treaty that governs the use of one of North America’s largest rivers, the Columbia, with provisions that officials said would provide for effective flood control, irrigation, and hydropower generatio...
12.07 / 17:04
12.07 / 16:56
Bitcoin
Digital Asset Investment Products Gain $441M Amid Mt. Gox, German Sell-Offs: CoinShares
Digital asset investment products have seen inflows totaling $441 million amid the recent sell-off by Mt. Gox and the German government.
12.07 / 16:52
UPS
War
Courts
Traffic
Vaccines
Court hears accused in Coutts blockade thought protest could lead to ‘war’
One of two men accused of conspiring to kill Mounties at the border blockade at Coutts, Alta., characterized the protest as a last stand and told his mother there “will be a war” if police moved in.
12.07 / 16:40
UPS
BLOCK
security
information
reports
Mankind Pharma and Delhivery shares surge up to 4% after block deal
Mankind Pharma surged 4% to today's high of Rs 2,187.85, while those of Delhivery rose 2% to its day's high of Rs 403.65 on the BSE after a stake was offloaded in the companies via block deals. Hema CIPEF (I), an affiliate of the US-based Capital Group, likely sold a 0.9% stake in Mankind Pharma through block deals, while Canada Pension Plan Investment also reportedly offloaded a 3.17% stake in Delhivery. However, the official parties involved in the transaction are not yet known.
12.07 / 16:40
Extreme
Football
WhatsApp
show
stage
Updates
Copa America 2024 latest updates: These are the teams that qualified for the quarterfinals
Copa America 2024 is now going to the big stages after sixteen teams participated in the initial stages of the championship. Now, eight teams have qualified after the intense group stage matches that saw some nail-biting games with some of the top footballing nations in the world. As the quarterfinals approach, the competition will only get more intense and competitive as all the teams will give it all to proceed towards the semis of America's most coveted tournament.
12.07 / 16:34
markets
UPS
Provident
students
show
Temporary residents, new immigrants push up Canada unemployment
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. 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.
12.07 / 16:34
markets
UPS
Provident
economy
Cycling
Bank of Canada's June rate cut was like bringing a butter knife to a gunfight
With national home prices treading water,real estate inventory growing and housing affordability still atrocious, last month’s quarter-point rate cut from the Bank of Canada, while helpful, was the economic equivalent of bringing a butter knife to a gunfight.
12.07 / 16:32
Citi
Aware
Southern
country
Investigations
hockey
Police presence boosted as Hells Angels roll into Lethbridge to open new chapter
Police from across Canada will be descending upon Lethbridge this weekend as members of the Hells Angels and supporters of the motorcycle gang roll into the southern Alberta city.
12.07 / 16:29
markets
UPS
Career
pandemic
students
show
Canadian youth face the toughest summer job market in decades. Why?
A relatively slow cooling in the overall Canadian labour market combined with surging levels of unemployment among Canada’s youth is a trend that experts say could leave the country’s youngest workers with “economic scarring.”
12.07 / 16:28
UPS
CEO
Airlines
Parke
travelers
Updates
International
WestJet cancels at least 150 flights following a surprise strike by mechanics union
Canada’s second largest airline, WestJet, has canceled more than 400 flights affecting almost 50,000 passengers after the union of maintenance workers announced it has gone on strike
12.07 / 15:46
FIVE
CEO
prevention
‘Bleak picture’: Quebec moving day sees scores of renters still hunting for new home
In Quebec, hundreds of people remain on the hunt for a new home as July 1 marks the province’s traditional moving day.
12.07 / 15:38
COST
Action
Airlines
wellness
track
travelers
rights
WestJet continues to feel the fallout one week after mechanics strike
WestJet continues to feel the effects of a two-day plane mechanics strike that nearly shut down the airline’s network for 29 hours over the Canada Day long weekend and cost it millions of dollars.The work stoppage that began on June 28 forced the airline to cancel more than 1,050 flights during one of the busiest travel windows of the year.Fallout from the unexpected job action continued well into last week, as WestJet called off 244 trips Tuesday through Saturday as well as at least 32 more on Sunday, according to tracking service FlightAware. Figures from the airline suggest at least 170,000 passengers have been affected.The task of fully resuming flights by a nearly grounded fleet of 180 planes across more than 175 destinations is complex, costly and time-consuming.
12.07 / 15:15
COST
Action
Airlines
President
travelers
Deal reached in WestJet strike but travel disruptions still expected for Canadian airline
Canada’s second largest airline, WestJet, has reached a deal with its mechanics to end a strike that had disrupted the travel plans of tens of passengers over the Canada Day long weekend
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