Canada Financial News

Rohit Sharma, the first batch of Indian cricketers departed for the United States on Saturday for the T20 World Cup starting June 2. The squad includes pace spearhead Jasprit Bumrah, top-ranked T20I batter Suryakumar Yadav, head coach Rahul Dravid and batting coach Vikram Rathou.

WTO member countries, including Brazil, Canada and the European Union, have urged India to submit timely notifications on sugar subsidies in the World Trade Organisation, an official said. The issue came up for discussion during the meeting of the WTO's agriculture committee on May 23-24 in Geneva.

Statistics Canada says retail sales fell 0.2 per cent to $66.4 billion in March, weighed down by lower sales at furniture, home furnishings, electronics and appliances retailers.

A new survey suggests that a growing number of Canadians are hoping to squeeze in a summer getaway despite persistent financial pressures.

strike as early as next month and cause “significant disruptions” during the busy travel season.It’s the latest threat in a widening labour dispute between Ottawa and Canada’s largest unions, which have warned the government to prepare for a “summer of discontent.”The Public Service Alliance of Canada, which represents 9,000 CBSA employees, says 96 per cent of its members voted in favour of job action in June, but did not give an exact date.“Workers have been without a contract for over two years, yet Treasury Board and CBSA are still not prepared to negotiate an agreement that protects workers,” said PSAC president Chris Aylward in a statement Friday.The union says its key demands revolve around higher wages, remote work options and better retirement benefits.

Angry that your favorite Red Lobster closed down? Wall Street wizardry had a lot to do with it.

Nearly 40% of institutional investors had some exposure to crypto assets in 2023, a notable rise from the 31% recorded in 2021.

London Drugs has confirmed that files stolen by hackers during a cyberattack in April have been leaked onto the dark web.

Canadians and Americans along the Atlantic coast are being urged to prepare now as forecasters are predicting an above-normal hurricane season.

A spokesman for Quebec’s provincial police says British Columbia serial killer Robert Pickton is in a medically induced coma after a prison attack and doctors planned to try to wake him soon.

India's electronics, pharma, engineering goods exports beat global trade slowdown during FY24 Meanwhile, RTE imports have grown marginally, from $304.96 million in FY2019 to $360.37 million in FY24. The FY24 figure marks a fall in imports of 13.6% from the previous fiscal year. “Reduction in imports indicates changing domestic consumption patterns, and increased local production," Srivastava said.

Netflix has started the production of ‘The Abandons’ in Calgary, Canada. This action movie is the idea of Kurt Sutter who is also the creative mind behind the movie ‘Sons of Anarchy’. In information that has been revealed, Lena Headley, Gillian Anderson and Nick Robinson will be some of the leading characters in the movie. Filming in Canada

The federal government plans to restore the rights of “lost Canadians” by allowing Canadians born abroad to pass down citizenship, even if their children were also born outside the country.

Canada Pension Plan Investment Board’s exposure to investments in yuan has fallen by half in just two years, as the money manager pulls back in the world’s second-largest economy because of higher risks.

TD Bank on Thursday reported better than expected quarterly earnings helped by strength in Canada and its wealth management unit, even as its U.S segment struggled amid probes related to its anti-money laundering program.

Canadian households have gotten good news on the cost-of-living front so far in 2024, with monthly inflation figures showing prices are rising below three per cent annually for the first four months of the year.

Lounge. Ponnappa shot into fame as a rookie shuttler when she won the women’s doubles at the Commonwealth Games in Delhi in 2010. Since then, she has made advancements in her career including making it to the London (2012) and Rio Olympics (2016) and picking up several medals along the way.

Toronto-Dominion Bank beat analysts’ estimates on strong performance in its capital-markets division and the company said that a “comprehensive overhaul” of its United States anti-money-laundering program is “well underway.”

Go Digit, the fast-growing general insurance company, listed at Rs 286 per share, translating to a 5% gain over the issue price of Rs 272. The listing fell short of expectations as the grey market trends suggested a potential gain of around 10%.

Royal Canadian Mounted Police (RCMP) has issued a warning to Hardeep Malik, the son of Ripudaman Singh Malik, who was acquitted in connection with the Air India bombing of 1985. Hardeep Malik, a Surrey-based businessman, received an official letter cautioning him about potential threats to his life. This comes in the wake of Ripudaman Singh Malik's murder in 2022, for which two individuals have been charged, CBC News reported. Despite the lack of concrete evidence, the CBC News report claims that RCMP investigators are exploring the possibility of the Indian government's alleged involvement in Ripudaman Singh Malik's assassination, similar to their alleged role in the killing of Sikh separatist Hardeep Singh Nijjar the previous year.

Canada’s top bank regulator says the biggest red flags on the country’s financial horizon over the next year are real estate secured lending and mortgage risks.