Canada Financial News

By Howard Levitt and Kathryn Marshall

New capital rules for Canada’s largest banks are expected to come with a raft of business and economic costs, potentially crimping lending and putting the banks on unequal footing with counterparts in the United States and Europe, according to a veteran analyst.

Justin Trudeau has said that he sees a new opening to engage with India on «some „very serious“ issues on national security after the return of Prime Minister Narendra Modi to office for a third consecutive term. In an interview to CBC News on Monday on the eve of the anniversary of the killing of Khalistani terrorist Hardeep Singh Nijjar, Trudeau said, „Now that he's through his election, I think there is an opportunity for us to engage, including on some very serious issues around national security and keeping Canadians safe and the rule of law.“ Trudeau's remarks follow his meeting with Prime Minister Modi in Italy during the G7 Summit where India was invited as an Outreach country. PM Modi had tweeted a photograph of himself with the Canadian PM as they shook hands.

WestJet mechanics say they are poised to walk off the job early as Thursday night after serving the airline with a 72-hour strike notice yesterday.

ALSO READ: Babar Azam deserves no place in Pakistan's T20 cricket team: Virender Sehwag says, 'I may sound harsh, but...'According to a report by The Express Tribune, some players are even considering playing in local leagues in the United Kingdom, while others plan to spend time with friends and family in London.In the meantime, head coach Gary Kirsten and assistant coach Azhar Mahmood will head to their respective homes.ALSO READ: 'There's no unity in Pakistan's team': Head coach Gary Kirsten lashes out after dismal performance in T20 World CupGary Kirsten appeared deeply disappointed and frustrated with Pakistan's dismal performance and eve stated that there is 'no unity' within the Pakistan team."There's no unity in Pakistan's team. They call it a team, but it isn't a team.

Canada’s top banking regulator held the domestic stability buffer at 3.5 per cent Tuesday following a semi-annual review of the ‘rainy day’ funds the country’s largest banks must set aside to help absorb losses and to keep loans flowing in the event of financial shocks or uncertainties.

Stellantis is recalling nearly 1.2 million vehicles in the U.S. and Canada to fix a software glitch that can disable the rearview cameras

study abroad to demonstrate their readiness for academic success in English-speaking environments. Almost all universities in popular overseas education countries such as the US, UK, Australia & Canada, and even in emerging destination markets such as Germany, France, Singapore, Dubai among others requires an English Proficiency Test and accepts TOEFL iBT test scores for the same. The fear of taking an English proficiency test is often higher in aspirants who have studied in vernacular languages, as opposed to those who have had their education with English as a medium of instruction. However, with the right preparation and learning resources, aspiring Indian students can easily get the requisite scores for TOEFL test. The TOEFL iBT test is a crucial step for Indian students aiming to study in any domain across undergraduate, graduate or post graduate programs in English-speaking countries or enroll in English-taught programs globally. The test evaluates proficiency in English and the learner’s ability to understand and use it in an academic context. The TOEFL iBT assesses your English language proficiency across reading, listening, speaking, and writing.

Coinbase has announced that its International Exchange and Coinbase Advanced platforms are now offering pre-launch markets.

National Bank of Canada shares are being punished too harshly after announcing its intent to buy Canadian Western Bank, according to Bank of Nova Scotia, which called the deal a “strategic winner.”

More Bank of Canada interest rate cuts can’t come soon enough for an increasing number of people who say they are worse off financially on several fronts, says a new survey.

Canada’s core values have shifted so meaningfully that I am afraid they are destroying the economic future of this country for our children and grandchildren.

Canadians have remained in the dark for years about interference by China and other foreign countries in their democracy. Inquiries have been slow-walked, delayed or obstructed by the Trudeau government.

The Canadian real estate market showed further signs of sluggishness in May, with the national benchmark home price slipping to $714,300, down 0.2 per cent from April to May 2024, and 2.4 per cent year over year. Despite this, the Canadian Real Estate Association (CREA) remains optimistic, expecting the recent rate cut by the Bank of Canada to inject new life into the market.

ALSO READ: Captain Babar Azam on Pakistan's T20 World Cup 2024 exit, 'cannot play in every player's place, there are 11 players...According to a report by news agency PTI, which quoted Pakistani media outlets, Kristen didn't mince his words while asserting the team's shortcomings after being disqualified from the T20 World Cup.His remarks pointed out that the Pakistan cricket team should address the apparent lack of cohesion and unity within their ranks."There's no unity in Pakistan's team. They call it a team, but it isn't a team.

Apple Watch that advised him to seek medical attention.According to a report by Canada Global News, Chalmers's Apple Watch initially detected atrial fibrillation (AFib), a condition characterized by an irregular and often rapid heart rate that can increase the risk of stroke and heart failure. Despite trying to rest, his heart rate continued to be irregular. Continuous alerts from his watch prompted Chalmers to visit the hospital."About half an hour later, I was lying down with my daughter, and my heart was still racing.

The Canadian Real Estate Association says that homebuyers were sleepwalking through the spring, but the first interest rate cut in more than four years could serve as a wake-up call.

Environment Canada said.“A prolonged heat event will begin today,” Environment Canada said in a special weather alert posted just before 6 a.m. Monday.The multi-day heat event is expected to last until Thursday or Friday, the weather agency said.

Italian Premier Giorgia Meloni has dismissed a cease-fire offer for Ukraine by Russian President Vladimir Putin as “propaganda” as she wraps up a Group of Seven summit that saw a deal reached for a $50 billion loan to Ukraine

Hollywood’s summer movie anxieties gave way to joy this weekend with the massive debut of Disney and Pixar’s “Inside Out 2.”

There’s growing evidence that the number of great white sharks is on the rise along Canada’s East Coast, where plans are in the works to post warning signs for beachgoers for the first time.