Canada Financial News

A suspected tornado that touched down in southwestern Quebec on Monday afternoon damaged homes and farm buildings, but a local fire official said no injuries have been reported.

Investors up and down Toronto’s Bay Street are increasingly betting on a June rate cut in Canada, potentially giving a boost to Canada’s long-suffering bank stocks.

Canada’s standard of living is in decline, both in absolute terms and compared to our southern neighbour and other wealthy countries. A Fraser Institute analysis shows that real GDP per capita was lower during the pre-recession period 2016-19 than in any similar period since 1985. As of the last quarter of 2023 it was below its value for 2019:Q2. It’s no surprise that 44 per cent of Canadians now say money is their leading source of stress.

With the Joe Biden administration imposing massive new tariffs on Chinese-made electric vehicles, some experts argue that a American-style tariff may not make sense for Canada.

entertainment industry is changing with the beginning of various OTT platforms and the change in consumer demand for different stories is increasing, Hollywood is also changing. The new stars who have emerged in recent times have broken out of the traditional approach of acting not only in movies but are also juggling between TV shows, movies and other entertainment models.

Peel Regional Police say hundreds of vehicles worth $33.2 million have been recovered in a major auto theft investigation — with 37 containers worth of cars found at the Port of Montreal.

Electric-vehicle charging infrastructure is having a hard time keeping up with EV sales.

With Canada’s latest inflation figures paving the way for a policy rate cut, some economists worry another hold by the Bank of Canada could further damage the economy.

With the dollar on the rise, American tourists can outspend the locals in some of the world’s top travel spots. Visitors to Asia, South America and Eastern Europe are upgrading their accommodations and enjoying fine dining at prices that can’t be matched back home. The strong dollar, bolstered by high interest rates and a strong economy, allows those who normally scour for budget deals to feel rich enough to reserve tables at Michelin-recommended restaurants.

₹50 crore in a mix of equity and debt to expand its presence in India's wedding and occasion-wear market. The funding was led by Sangita Jindal, chairperson, JSW Foundation.

players who left for the United States ahead of the T20 World Cup 2024 have reached New York to take part in the upcoming ICC event. Earlier on Saturday, the Indian cricketers including skipper Rohit Sharma, pace spearhead Jasprit Bumrah and number one-ranked T20I batter Suryakumar Yadav left for the United States. The Board of Control for Cricket in India (BCCI) took to their official social media handle and shared a clip of the players reaching the US for the upcoming T20 World Cup. In the video, the Indian cricketers were captured leaving the airport in New York and boarding the team bus.

The remains of an unknown soldier who fought during World War One was returned from France to his home in St. John’s Newfoundland Saturday.

culpable since they apparently allowed their underage son to drive their car, a Porsche, knowing full well that he did not have a driving licence as he wasn’t yet eligible for one. Sure, we live in an age where parents have less and less influence over their progeny, especially once they reach their teens. But that does not absolve them of responsibility.

data which culminates in a key U.S. inflation report that could set the stage for a cut in interest rates there, albeit not for a few months yet. Holidays in the United States and UK made for thin trading ahead of Friday's figures on core personal consumption expenditures (PCE), the Federal Reserve's preferred measure of inflation. Median forecasts are for a rise of 0.3% in April, keeping the annual pace at 2.8%, with risks on the downside.

Karan Bhagat, founder, managing director and chief executive officer of wealth and alternatives-focused asset firm 360 ONE, bought two sea-view luxury apartments in a super-premium residential tower in Mumbai’s plush Worli locality for a total Rs 170 crore. The apartments cover 12,900 sq ft built up area on the 45th and 46th floors of Three Sixty West project on Dr. Annie Besant Road. Bhagat will also get exclusive access to eight car parking slots. The deal was struck at about Rs 1.31 lakh per sq ft, pushing it higher in the tally of most expensive deals on per sq ft basis anywhere in the country.

ALSO READ: Oil records longest losing streak in 5 months, Brent drops 2% at $82; here's whyOn May 30 (Thursday), first revised GDP (gross domestic product) data for the first quarter will be released.May 31 (Friday) will see the release of personal income data for April and core PCE (personal consumption expenditure) index data for April.Following companies are due to report quarterly earnings in the week ahead— Box, CAVA Group, Bank of Nova Scotia, Salesforce, DICK'S Sporting Goods, Agilent, Chewy, HP Inc., Pure Storage, Capri Holdings, Okta, C3.ai, Abercrombie & Fitch, Best Buy, Birkenstock, Royal Bank of Canada, Dollar General, Foot Locker, Costco, Gap, Marvell, Dell, NetApp, Nordstrom, Genesco, and Frontline.A high profile cryptocurrency event named CoinDesk Consensus will be held on Wednesday.The event, aimed at solving crypto industry challenges, will see hard-hitting conversations with visionary speakers and hands-on workshops.ALSO READ: Yellow metal sees correction; short and long-term outlook remains positiveUS stocks rose on Friday on reports of improving consumer outlook on inflation.The Dow Jones Industrial Average rose 4.33 points, or 0.01 per cent, to 39,069.59. The S&P 500 gained 36.88 points, or 0.70 per cent, at 5,304.72 and the Nasdaq Composite advanced 184.76 points, or 1.10 per cent, to 16,920.79.For the week, the Dow dropped 2.34 per cent, the S&P edged up 0.03 per cent and the Nasdaq gained 1.41 per cent.The US dollar rose to 157.00 yen from 156.91 Japanese yen.

Gemini is designed to assist with drafting messages, brainstorming, event planning, or simply engaging in entertaining conversations. Its responses are optimized for brevity. Unlike Google Assistant in the now-defunct Google Allo, Gemini is strictly for one-on-one interactions and cannot be incorporated into group chats.The feature supports Gemini Extensions such as Workspace (@Gmail, etc.), @YouTube, and @GoogleMaps, though the YouTube Music extension is notably absent.

In the past few years, there have been a variety of cases of space debris falling to Earth, with one object crashing through the roof of a Florida home in March and most recently, a piece of debris from a SpaceX spacecraft landing in a Saskatchewan farmer’s field.

A promotional NÜTRL branded tumbler that was recalled in Canada earlier this month caused multiple reports of adverse health effects, an updated notice said Friday.

T20 World Cup in the US is a "landmark event" and there is huge excitement among the diaspora as well as across America, India's envoy here said emphasising that the tournament is playing a «very significant role» in bringing cricket to the country's mainstream and will further contribute towards the bilateral people-to-people relationship. «This is the first time we are having a (cricket) World Cup being played on US soil. There is huge excitement, not only among the Indian diaspora members but even in the United States,» Consul General of India in New York Binaya Srikanta Pradhan told PTI here in an exclusive conversation ahead of the much-anticipated tournament. He said American congressmen, senators, elected representatives are talking about the T20 Cricket World Cup being held in the US.

A fatal plane crash is being investigated in the north end of Howe Sound, near Squamish, B.C.