Canada Financial News

Canada Mortgage and Housing Corp. says the annual pace of housing starts in January fell 10 per cent compared with December.

India so far has imported 3,000 tonnes of black matpe or urad beans from Brazil and is likely to procure another 20,000 tonnes this year, said Union consumer affairs secretary Rohit Kumar Singh. Singh in November had urged businessmen and officials in Brazil to grow pulses, especially tur (pigeon pea) and urad, to cater to Indian consumers amid falling domestic production, and as a way of diversifying the sourcing. “We need to ensure that food items are available in the country for our 1.4 billion consumers at an affordable price," Singh said on Thursday on the sidelines of the Global Pulse Confederation conference in New Delhi.

Indians planning their summer travel to Europe may have to face lesser waiting period at visa centres this year as visa services provider VFS Global expects an improvement in visa processing time for foreign destinations on the back of deployment of additional staff by client governments to handle the visa applications traffic. "The Swiss have given us 25% more appointments. Also, earlier, their appointments would be concentrated in 2-3 months, now they have spread the appointments across the entire year.

(Reuters) — Futures for Canada's main stock index gained on Thursday, tracking higher prices of base and precious metals, while investors awaited domestic and U.S. economic data for any signs that could influence the central banks' interest rates policy.

Rohit Sharma will be captaining Men in Blue in the ICC T20 World Cup being held in West Indies and USA this year and expressed optimism that Team India will win the coveted T20 cricket prize and end their ICC trophy drought of over a decade. Meanwhile, a photo of Rohit Sharma is going viral on social media as the announcement was made by Jay Shah at an event. Speaking at the event, Jay Shah opened up on India's heartbreaking loss to Australia in the final of ICC Cricket World Cup at home last year after a dominant 10-match winning streak, saying that despite not getting the trophy home, India won hearts with their winning streak.

Researchers in Canada have developed a novel approach to treat liver cancers using magnet-guided microrobots in an MRI device. Guided by an external magnetic field, miniature biocompatible robots, made of iron oxide nanoparticles, can theoretically provide medical treatment in a very targeted manner, the researchers said. However, there has been a technical obstacle: the force of gravity of these microrobots exceeds that of the magnetic force, which limits their guidance when the tumour is located higher than the injection site, they said. «To solve this problem, we developed an algorithm that determines the position that the patient's body should be in for a clinical MRI to take advantage of gravity and combine it with the magnetic navigation force,» said Gilles Soulez, a researcher at the University of Montreal.

MILAN (Reuters) — Stellantis (NYSE:STLA) said on Thursday its operating profit fell 10% in the second half of last year when six-week strikes at the 'Detroit Three' automakers caused long stoppages at the group's operations in North America, its profit powerhouse.

Canadian government, in a bid to address labour shortages in the country, is intensifying efforts to bring more French-speaking skilled workers to its shores. Canada's latest move is based on projections for labour shortages between 2022 and 2031, with one eye on economic growth and national identity. Want to know if you qualify for immigration? Click here Earlier in February, the country's immigration minister, Marc Miller announced the start of 2024 Express Entry rounds. These rounds are encourage candidates with category-specific work experience or a strong French language proficiency to apply for permanent residence.

The 6th Annual Blockchain Futurist Conference, Canada’s largest and longest-running blockchain event, is set to make its grand return at the Rebel Entertainment Complex and Cabana in Toronto, Canada, on August 13-14, 2024. Renowned for being one of the world’s longest-running mega conferences in the Web3 sector, this year’s event promises an even more spectacular experience.

Canada, Australia and New Zealand on Thursday called for an immediate humanitarian ceasefire in Gaza, according to a joint statement released in response to reports about Israel's planned military operation in Rafah. «We are gravely concerned by indications that Israel is planning a ground offensive into Rafah. A military operation into Rafah would be catastrophic,» the statement by the Prime Ministers of the three countries said.

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electric vehicles are a hot topic of conversation in Canada.Will Canada be able to meet the 2035 mandate imposed by the Liberal government of Prime Minister Justin Trudeau for all new car sales to be electric? Will all those Teslas, Chevy Bolts, and Hyundai Ioniqs overwhelm and break the grid, as many fear? And what then of the batteries? Is disposing of them after their useful life is over going to create a landfill nightmare scenario?We look at some of the top questions Canadians have about EVs, and provide some responses.This is a big watercooler conversation in Canada. The concern is that all those EVs coming online in the next decade or so will be too much for provincial power grids to bear.

Canada’s housing market is “starting to turn a corner,” the country’s national real estate association says.

The Bank of Canada is likely to wrap up its quantitative tightening program as early as April, sooner than policymakers had previously indicated, according to RBC Capital Markets strategists.

Bank of Nova Scotia said Jake Lawrence is leaving his role as chief executive of the lender’s capital-markets business to take a senior role at the Desmarais family’s holding company.

In response to BCE’s investment cutbacks and layoffs designed to help the corporation remain profitable and continue to pay dividends to shareholders and pensioners in a competitive market environment, two of Canada’s political leaders hacked their way through demagogic rants against corporations, BCE in particular, and the foundations of the nation’s economic system.

To this point in his life, Kyle* has focused on growing his modest, self-directed investment portfolio using a mix of somewhat risky stocks and funds. But he retired in 2014 and recently turned 70 years old, so he’s wondering what to do now as he prepares for his next chapter in life.

By Nivedita Balu and Niket Nishant

(Reuters) — Futures for Canada's resource-heavy stock index rebounded on Wednesday, tracking gains on Wall Street after sharp losses in the previous session on hot U.S. inflation data, with further support from rising crude prices.

'Headline CPI inflation is running slightly below the BoE’s forecasts over the last few quarters.'

Tiger Woods in a red shirt on Sunday has become as recognizable as a Masters champion in a green jacket