Canada Financial News

Canada, Immigration Minister Marc Miller on Saturday said that the government is contemplating the implementation of a cap on the number of international students residing in the country. Miller, however, did not specify the extent of the reduction being considered for the immigration system. Speaking on CTV, the minister emphasized the necessity for a dialogue between the federal and provincial governments. He expressed concern over the sheer volume of international students in Canada, describing the current system as «out of control.» Want to know if you qualify for immigration? Click here «The volume is disconcerting. It's really a system that has gotten out of control,» Miller remarked. The minister highlighted the need to address the demand for housing in the first and second quarters of this year by exploring the possibility of imposing a cap on international students. When questioned about the timing of this consideration, given that the idea was previously discussed months ago, Miller explained the need to analyze numbers at the federal level before delving into specifics at the provincial level. «We need to be doing our jobs and making sure that we have a system that actually makes sure people have a financial capability to come to Canada,» Miller said. He emphasized the importance of verifying offer letters and initiating a conversation about volumes and their impact on certain areas.

Insured damages from natural catastrophes and severe weather in Canada topped $3 billion for the second year in a row.

CALGARY — The imminent completion of the Trans Mountain pipeline expansion is more likely following Friday’s decision by the Canada Energy Regulator to approve a request for a pipeline variance from the company building the project.

Until recently, I never fully appreciated the meaning behind the excuse, “The dog ate my homework.” That changed this past summer with the arrival of Jasper, our new golden retriever puppy. Consistent with his breed’s genetic disposition, I noticed he was a quick study when it came to retrieving the newspaper from the front stoop. Unfortunately, by the time the paper made it inside, it was no longer readable as he had shredded it to pieces.

statement on January 11 that at his directions, “US military forces — together with the United Kingdom and with support from Australia, Bahrain, Canada, and the Netherlands — successfully conducted strikes against a number of targets in Yemen used by Houthi rebels to endanger freedom of navigation in one of the world’s most vital waterways." After the US launched strikes against Houthi forces, some US lawmakers accused President Joe Biden of violating the Article 1 of the US Constitution. Congresswoman Pramila Jayapal of the Democratic Party called the strikes an "unacceptable violation of the Constitution". Meanwhile, Rep.

premier on Blu-ray. The Blu-ray release date for Godzilla Minus One has not been officially announced yet, but industry expectations suggest it may be available in late 2024. «Godzilla Minus One», directed by Takashi Yamazaki and produced by Toho Studios, made its theatrical debut in the US and Canada on December 1, aligning with its release in several other regions including France, Italy, Spain, Benelux, the Nordics, Poland, Australia, and New Zealand.

another storm.A major snow storm is set to hit several regions in Ontario and Quebec, while many residents in Western Canada fight through a severe cold snap.This latest weather comes after another system hit many parts of Canada earlier in the week; Ottawa, Montreal and Quebec City were hit with snowfall Tuesday and Wednesday; the Maritimes also saw snowfall; parts of the West Coast dealt with winter weather before then, while the Prairies faced an extreme cold warning.Expected to start late Friday and into Saturday, parts of Ontario and Quebec are set to see another wallop of snow.Global News meteorologist Ross Hull said a Texas low will be moving into the Great Lakes area, adding the difference with the upcoming storm is that there’s more cold air available that’s building over the Prairies.He said that means there will likely be more snow before a transition to rain, especially for cities such as Toronto, closer to Lake Ontario.“The last system dropped five to 10 centimetres of wet snow for the GTHA. With this one we are anticipating more, but it’s still too early to pin down exact amounts,” Hull said Thursday.“Areas that did experience heavy snow with the most recent system will likely see the heaviest amounts with this latest disturbance too.”Environment Canada is forecasting five to 10 centimetres of snow; Ottawa, which was forecast to get 10 to 15 centimetres of snow earlier in the week, is expected to get 15 to 25 centimetres of snow in this system.

The Conservative politician who’s trying to take down Justin Trudeau said that if he’s elected, he would link Canada’s immigration levels to the number of homes being built.

TORONTO — Bitcoin is trading around levels not seen in nearly two years after a U.S. regulator approved 11 exchange-traded funds linked to the cryptocurrency, prompting calls that it’s a new era for digital money, but also for caution among investors.

₹12,000–15,000, much higher than the average fare of ₹3,000–5,000. The spike in hotel tariffs is starker, peaking to ₹45,000 per night for a room that would otherwise cost about ₹4,000. “The hotel industry is working on the infrastructure to cater to the footfalls expected for Ayodhya city, but this will take time.

Several types of cereals and granola bars by the popular brand Quaker are being recalled across Canada due to potential salmonella contamination.

Nearly one in five Canadians aged 18 and up say they “probably will or may” buy a home in 2024, according to a new Wahi Realty Inc. survey of Angus Reid Forum members that looks at homebuyer intentions for the new year as well as what they are doing to make their ownership dreams come true.

While the approval of spot Bitcoin (BTC) exchange-traded funds (ETFs) in the United States will further lead to the institutionalization of Bitcoin, Kevin O’Leary — a Canadian venture capitalist and CNBC personality — told Cryptonews that institutions won’t want to use a spot Bitcoin ETF to invest in the asset class. He said:

TD Bank economists don’t envy the job facing the Bank of Canada, calling it “one of the toughest … within the financial industry this year” as the central bank faces pressure to correctly time the first interest rate cut since its historic hiking cycle peaked in July.

Canadians appear to be riding a wave of optimism about the national economy and their personal financial prospects, according to latest results of an ongoing survey tracking households’ views.

Canada’s current immigration policy — among the most open in the world — is now causing economic damage and needs to be reconsidered, according to the country’s top economists.

British Prime Minister Rishi Sunak said on Friday that the country's joint air strikes with the US against Houthi military targets in Yemen overnight was a «necessary and proportionate action in self-defence.» The US-led strikes are the first against the Houthi militia since it started targeting international shipping in the Red Sea from November 2023. Sunak accused the Iranian-backed group of threatening UK ships as the US Air Force said more than 60 targets at 16 locations used by Houthis in Yemen were struck.

Rates on some fixed mortgages have dropped by a full percentage point in the past few months, opening up an opportunity for Canadians eyeing the spring housing market or with a mortgage of their own up for renewal.

The Japanese brokerage and financial services firm, Monex Group, has announced a significant move in the cryptocurrency sector. It plans to acquire a majority stake in 3iQ Digital Holdings, a Canadian digital asset investment fund manager. This acquisition is priced at $39.8 million, marking a pivotal moment for Monex Group in its journey to expand its crypto business​​​​.

HIVE Digital Technologies Ltd., a prominent player in the blockchain and digital asset mining sector, has successfully closed a significant financing deal. On December 28, 2023, the company completed the sale of 5,750,000 special warrants, resulting in aggregate gross proceeds of approximately CAD $28.75 million​​​​. This marks a pivotal moment for HIVE, which focuses on Bitcoin mining and developing environmentally friendly data centers.

In a statement, Russia's Permanent Mission to the UN said, «Russia has requested an urgent UN Security Council meeting on January 12 in connection with US and UK strikes on Yemen.» In a statement to TASS, the mission said the meeting was scheduled for 10 am (local time) (3 pm GMT) Russia's decision comes after US military forces, along with the United Kingdom and with support from Australia, Bahrain, Canada, and the Netherlands, carried out strikes against a number of targets used by Houthi rebels in Yemen in the early hours of January 12. UK Prime Minister Rishi Sunak has said that the Royal Air Force has conducted targeted strikes against military facilities used by Houthi rebels in Yemen, calling it «limited, necessary and proportionate action in self-defence.» Rishi Sunak said the UK will always stand up for «freedom of navigation and the free flow of trade.» He stated that the Houthis, despite the repeated warnings from the international community, continue to conduct attacks in the Red Sea, including against UK and US warships just this week. In a statement, Rishi Sunak said, «Despite the repeated warnings from the international community, the Houthis have continued to carry out attacks in the Red Sea, including against UK and US warships just this week.» «This cannot stand.