Canada Financial News

18.01 / 06:01
Universities social 2020 reports Interviews Relationships Addicted to your phone? New data suggests a usage sweet spot
The amount of time you spend online or on your phone can be linked to lower levels of mental health or dissatisfaction in friendships and relationships.
18.01 / 01:51
Reuters SUN Manufacturing security performer 2020 stake Sun Pharma to buy remaining stake in Taro Pharma for $347.8 million. Details here
Also Read | Nifty Pharma hits all-time high; 10 stocks including Lupin, Cipla, Glenmark Pharma, Divi's Labs touch one-year peaks The offer from Sun Pharma totals approximately $347.8 million, according to Reuters calculations, and represents a 4.2% premium to Taro's closing share price on the preceding January 17. Sun Pharma, which presently holds a 78.5% stake in Taro, had initially proposed to purchase the remaining stake at $38 per share in May.
17.01 / 21:11
Waves show track 2020 rights International Mark Carney sees 'massive disconnect' in green finance rhetoric
There’s plenty of money to be made by investing in the green energy transition, and financial professionals who say otherwise aren’t paying attention to the facts, according to Brookfield Asset Management Ltd. chair Mark Carney.
17.01 / 17:45
UPS Target reports travelers Headlines Inflation picks up speed ahead of Bank of Canada interest rate decision
Canada’s annualized rate of inflation jumped to 3.4 per cent in December, a reacceleration that was widely anticipated by economists but that will likely leave the Bank of Canada in no rush to cut interest rates.
17.01 / 06:41
Target security Research community Universities Interviews International Canada names 85 Chinese research groups that ‘may pose’ threat to national security
The Canadian government is publicly naming 85 Chinese research institutions that “may pose” a threat to national security and sensitive research.
17.01 / 06:27
security Research Universities innovations prevention Canada to stop funding research with foreign risks to national security
Canadian government unveiled Tuesday restrictions on research funding to prevent the sharing with China, Iran and Russia of advanced technologies developed by Canadian universities, citing national security concerns. It also published a long list of sensitive research it does not want shared, including artificial intelligence, quantum science, robotics, biotechnology, advanced weapons, space and satellite technology, and human-machine integration.
17.01 / 05:39
Enterprise Food Tata Consumer’s big appetite for M&As
Tata Chemicals into Tata Global Beverages to form Tata Consumer Products. In came Tata Salt (the largest salt brand in India) to sit alongside Tata Tea (second-largest tea brand in India), Tetley (third-largest tea brand in the UK and the largest in Canada), and others. In 2021, the company acquired food brands Soulfull and Tata Q.
17.01 / 05:29
students Universities Justice country reports Relationships International Canada says drop in study permits to Indian students ‘unlikely' to rebound soon
Canada to set a cap on international students amid housing crisis, fix 'out of control' system In October, Canada was forced to pull 41 diplomats, or two-thirds of its staff, out of India on orders from New Delhi. In addition, the dispute has prompted Indian students to seek to study in other countries, a spokeswoman for the minister said. Those factors led to an 86% drop in study permits issued to Indians in the fourth quarter of last year from the previous quarter, to 14,910 from 108,940, according to official data that have not been previously reported.
17.01 / 02:17
Reuters students Universities country Interviews Relationships International Canada minister says study permits to students from India drop due to dispute
Canada issued to Indian students fell sharply late last year after India ejected Canadian diplomats who would process the permits and fewer Indian students applied due to a diplomatic dispute over the murder of a Sikh separatist leader in Canada, a top Canadian official told Reuters. Immigration Minister Marc Miller added in an interview that he believes the number of study permits to Indians is unlikely to rebound soon. Diplomatic tensions erupted after Canada Prime Minister Justin Trudeau in June said there was evidence connecting Indian government agents to the murder of Hardeep Singh Nijjar in British Columbia. Click & check your eligibility for immigration Find out The tensions are likely to weigh on the numbers going forward, Miller said. «Our relationship with India has really halved our ability to process a lot of applications from India,» Miller said. In October, Canada was forced to pull 41 diplomats, or two-thirds of its staff, out of India on orders from New Delhi. In addition, the dispute has prompted Indian students to seek to study in other countries, a spokeswoman for the minister said.
17.01 / 02:09
Provident Reuters Election wellness President performer reports US Presidential Election US presidential election: Canadian PM Trudeau warns of tough times if Donald Trump wins, says, ‘it will be a step back'
Reuters. While addressing a discussion hosted by the Montreal Chamber of Commerce, Justin Trudeau said in French, "It wasn't easy the first time and if there is a second time, it won't be easy either," reported Reuters. Justin Trudeau also mentioned that if Donald Trump rose to power following the upcoming elections it would not be easy for Americans, He said, “But we can't imagine a day when it will ever be easy with the Americans.
16.01 / 23:41
UPS Food students Universities Loblaw show Loblaw discount change spurs backlash: ‘How can they do that?’
Loblaw confirmed that it’s no longer offering discounts of up to 50 per cent on items nearing expiry.It’s a move that the Canadian Association of Retired Persons (CARP) is surprised and disappointed by.“It is a major increase for some people. It really hurts them.
16.01 / 22:07
UPS Canadian housing starts jumped 18% in December
Canada Mortgage and Housing Corp. says the annual pace of housing starts in December rose 18 per cent compared with November, helped higher by an increase in multi-unit urban starts in Vancouver and Montreal.
16.01 / 20:33
Progressive Apple Netflix film Actor social Features Apple Cider Vinegar: See Netflix drama’s plot, cast, episode count and more
crime drama series, "Apple Cider Vinegar," featuring actor Kaitlyn Dever, is in progress in Melbourne. This Netflix Original, created by Samantha Strauss, Anya Beyersdorf, and Angela Betzien, promises a unique storyline set against the backdrop of the dawn of social media.
16.01 / 17:53
COST UPS Target reports travelers ‘Unsettling news’: What inflation’s uptick means for the Bank of Canada
Statistics Canada says the annual rate of inflation accelerated to 3.4 per cent in December, thanks to gas prices and still sticky price hikes at the grocery store.
16.01 / 15:04
UPS FIVE economy students country reports Posthaste: Canada caught in population trap for first time in modern history, economists warn
Canada is caught in a “population trap” for the first time in modern history and needs to limit immigration to escape it, say economists with the National Bank of Canada.
16.01 / 15:04
markets UPS Waves economy Election War International Another Bank of Canada interest rate hike within realm of possibility, outlook event hears
Economists have been planning for the possibility of recession in 2024 — technical or otherwise — for months. But some on the outlook panel suggested the gloomier scenarios may be overdone and that Canada might avoid a recession altogether. “We’re reasonably optimistic that we avoid a recession, in the traditional sense of the word,” panelist Jean-François Perrault said, adding that while there’s no question the economy has slowed, households are hanging in there. That provides some comfort that some of the worst potential outcomes won’t materialize.
16.01 / 15:04
FIVE Racing Immunic trends country information reports 'Bad guys' go free while compliant Canadians get burdened with new trust rules
Countries around the world have been racing to introduce transparency requirements in many different areas of the law. Examples include corporate shareholder registries, required disclosure when implementing certain tax transactions and trust beneficiary reporting requirements.
16.01 / 15:04
UPS Citi Target JPMorgan country Latin JPMorgan hiring in private-asset push targeting Canada's wealthy
JPMorgan Chase & Co. is building up its Canadian asset management team, with new hires planned for Toronto and Montreal, as it looks to tap into growing demand from the wealthy for private investments.
16.01 / 15:04
Matthews Death information reports Courts Investigations Relationships Murdered Sherman billionaire's family split by lawsuit over money
The niece and nephew of murdered billionaire Barry Sherman are suing his other heirs over a trust they say may be worth more than $500 million, the latest twist in a bitter family drama that’s erupted in the six years since the crime.

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