Canada Financial News

28.02 / 15:47

markets COST UPS Compilation reports National Bank beats profit expectations as revenue rises

MONTREAL — National Bank of Canada reported a first-quarter profit of $922 million, up from $876 million a year earlier, as its revenue rose across its business.

28.02 / 15:47

markets Matthews Bill Experts country reports Posthaste: Consumer debt balloons to $2.4 trillion as newcomers to Canada rush to borrow

Immigration is helping fuel a surge in the consumer credit market, just as high interest rates and inflation push Canadians to take on a record amount of personal debt.

28.02 / 15:22

Ethereum Ether lending Crypto Lender Ledn Now Offers ETH-Backed Loans to Meet Growing Demand

Canada-based Ledn announced Wednesday that it now offers loans backed by Ether, in response to significant client demand for the service.

28.02 / 14:47

markets Cooper Election Food DAL show After Bharat atta and rice, here comes Bharat masur dal

NEW DELHI : After Bharat atta and rice, the Union government is planning to launch Bharat masur (lentil) dal – but, at around ₹89 per kg, without a discount – a senior official told Mint. Normally the Bharat brand comes with hefty discounts. The lentil pricing comes despite inflation being in control and with huge quantities of masoor lying in government stocks.

28.02 / 13:21

UPS FIVE Gap wellness reports Discrimination Equality Gender pay gap double in private vs public sector, report says. Why?

The gender pay gap for female employees in Canada’s private sector is double that in the public sector, which is doing a better job of narrowing the wage inequalities, according to a report published Wednesday.

28.02 / 12:09

Provident CRA country stars NHL rights athletics NOT Allan Lanthier: Canadians want the Stanley Cup back in Canada. The CRA? Not so much

The more you look at the Canada Revenue Agency’s case against Toronto Maple Leafs captain John Tavares, the more concern it raises.

28.02 / 12:09

Waves FIVE Booking wellness Cycling reports International Rising loan delinquencies start to pinch at BMO, Scotiabank

Earnings at Bank of Montreal and Bank of Nova Scotia were marred by increasingly cash-strapped consumers and businesses amid a challenging economic landscape.

28.02 / 12:09

markets UPS Compilation reports RBC beats expectations even as loan loss provisions surge by more than 50%

TORONTO — Royal Bank of Canada reported a first-quarter profit of $3.58 billion, up from $3.13 billion a year earlier, as the money it set aside for bad loans rose.

28.02 / 12:09

Provident CEO security community Labrador inclusion Relationships Indigenous-led Cedar Leaf Capital to support reconciliation in finance industry, CEO says

The first Indigenous-owned investment dealer in Canada, created in partnership with the Bank of Nova Scotia, two Indigenous corporations and a First Nation, will allow investors to support Indigenous advancement and reconciliation, its new CEO says.

28.02 / 12:09

UPS Extreme economy Food country social Joe Oliver: Liberals need to ditch Steven Guilbeault’s radical activism

Asked how he went bankrupt, a character in Ernest Hemingway’s The Sun Also Rises answers, “Two ways. Gradually and then suddenly.” He was talking about how financial collapse happens but he was also foretelling Canada’s economic future if Steven Guilbeault, minister of environment and climate change, continues to foist his destructive lunacy on Canadians. Not only does his environmental extremism impoverish us, it undermines our democratic freedoms.

28.02 / 08:21

UPS students Universities reports Colleges International Immigration minister calls Ontario’s international student claims ‘garbage’

Canada’s immigration minister is pushing back against provincial assertions that the federal government didn’t consult with Ontario over the international student cap that upended the post-secondary sector.

28.02 / 08:21

markets Provident Digital CEO innovations testing Features Wendy’s to start rolling out surge pricing with ‘AI-enabled menu changes’

Wendy’s is planning to roll out dynamic pricing for its fast-food offerings starting as early as next year.

27.02 / 23:11

UPS Adidas students Basketball Colleges International athletics UConn's Aaliyah Edwards signs NIL deal in Canada, but can't talk about it in the US

this week with adidas Canada, but wasn't allowed to speak with reporters in Connecticut about it on Tuesday, for fear that promoting the deal might jeopardize her student visa. Under current United States law, Edwards, who is from Kingston, Ontario, and other international students can only make money in this country with passive NIL deals. She gets a little something, for example, if someone buys a jersey with her name on it at the campus bookstore.

27.02 / 23:09

markets COST economy Trade cover reports International Scotiabank beats profit estimates on interest income strength, BMO misses

Bank of Montreal (BMO) on Tuesday missed analysts’ estimates for quarterly profit as the lender set aside a larger-than-expected sum of money to cover bad loans in an uncertain economy.

27.02 / 18:19

COST UPS Booking reports shock Bank of Montreal cuts exposure to ultra-long mortgages

Bank of Montreal is slowly whittling down a pile of ultra-long mortgages that it granted to Canadian customers to help them handle the rapid rise in interest rates.

27.02 / 18:05

markets UPS FIVE Boxing Cycling show reports Here’s how sidelined homebuyers are preparing for possible rate cuts

Many Canadians who’ve been boxed out of the housing market since the Bank of Canada started hiking interest rates almost two years ago are waiting for the policy rate to drop before jumping back into the fray.

27.02 / 18:05

markets UPS show reports mountaineering Crude-by-rail shipments jumped in last half of 2023 as Alberta’s oil output grows

Canadian crude-by-rail shipments nearly doubled in volume in the last six months of 2023, as oil output from Alberta surged to all-time highs and the Trans Mountain pipeline expansion remained under construction.

27.02 / 15:04

markets COST Waves Parke Southern track CPPIB's $1 office tower deal uncovers anxiety among longtime buyers

Canadian pension funds have been among the world’s most prolific buyers of real estate, starting a revolution that inspired retirement plans around the globe to emulate them. Now the largest of them is taking steps to limit its exposure to the most-beleaguered property type — office buildings.

27.02 / 12:39

COST security President stage testing prevention Canadian gold miner agrees to sell itself to Chinese company in possible test of Ottawa policy

Ottawa’s policy of preventing Chinese companies from investing in Canadian-listed firms may be put to the test after Vancouver-based Osino Resources Corp. agreed to be bought by Yintai Gold Co. Ltd. for $368 million.

27.02 / 12:39

COST Provident Manufacturing Apple economy country information William Watson: For the good of the country, buy non-Canadian

I got what looked like a nice email from Amazon last week. There were no spelling mistakes, so I figured it wasn’t a Russian bot and I could click on it. I was right. It was Amazon announcing a new initiative promoting Quebec products: “Les produits du Québec.” How the titans of globalization cower before the power of local interests!

27.02 / 07:45

markets Bitcoin news ETF security Trade Bitcoin Bitcoin Price Prediction Eyes $60K: ETFs & Institutional Buys Lead Surge

Bitcoin price soared to a two-year high, touching nearly $57,000 in Asian trading, marking a significant milestone in the cryptocurrency’s journey.

breaking news about Canada

What is the current situation in Canada?

In Canada, the spotlight is on socially significant developments that affect the region’s daily life.

Where can I find reliable news about Canada?

We publish in-depth coverage about the situation in Canada, based on information from trusted sources.

What shapes the media agenda in Canada?

The news landscape of Canada is shaped by the region’s internal dynamics, reflecting its unique context.