Canada Financial News
24.12 / 16:19
Citizens
Highways
country
evacuation
Rapport built by Modi govt helped in rescue ops abroad, changed perception about India: VK Singh
rapport built by the Narendra Modi government with other countries after coming to power in 2014 helped in building ties and also in rescue operations abroad, Union minister General V K Singh (retd) said here on Sunday. Speaking at the Sagar Manthan conclave organised by Panchjanya magazine in south Goa, Singh referred to various rescue operations carried out by India in war zones to bring back its citizens. He said, unlike its predecessors, the Modi government sent delegations to the UN-affiliated countries in various regions, a move that helped change their perception of India.
24.12 / 06:55
Provident
country
information
reports
recommendations
patient
symptoms
Centre
As Ozempic use grows, poison centre calls in Canada jump for injectable weight-loss drugs
As drugs like Ozempic and Wegovy rise in popularity, there have been increased calls about injectable drugs often used for weight loss to some poison control centres in parts of Canada, according to data gathered by Global News.
24.12 / 05:34
Target
FIVE
economy
Nano
pandemic
President
2020
Charting the Global Economy: Houthi attacks intensify woes for global trade
Federal Reserve received some holiday cheer as inflation continued to soften while consumer demand firmed, and the Bank of Japan stuck with the world’s last negative interest rate. Meantime, maritime attacks carried out by Houthi rebels in Yemen have disrupted shipping in the Red Sea, prompting a rerouting of cargoes that’s raised costs. Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy: World The recent spate of attacks by Yemen’s Houthi rebels on vessels transiting the major shipping route has resulted in several large shipping companies avoiding the waterway. The decision by the world’s five largest container liners — with 65% of global capacity — to suspend transits through it means higher shipping costs and longer delivery timelines.
23.12 / 12:15
Cooper
Action
Airlines
reports
travelers
Department
prevention
Why France grounded plane with 300 Indians and what happens next | 5 points
detained the flight after they received an anonymous tip-off that said the plane was carrying passengers "likely to be victims of human trafficking," the Paris prosecutors office was quoted by AFP as saying. According to the report, two men, who were among the passengers, were taken into custody on Saturday. "Identity checks are being carried on the 303 passengers and on the cabin crew," said the prosecutor's office.
23.12 / 04:57
Target
Fighting
ICE
Nov
country
On military readiness, ‘everyone is in big trouble’ after Ukraine aid: Trudeau
Prime Minister Justin Trudeau says the amount of military aid NATO allies have been shipping to Ukraine to help its fight against Russia’s invasion means “everyone is in big trouble” with military supplies.
23.12 / 04:37
Action
Airlines
information
travelers
Department
What Legend Airlines said after France grounds plane over suspected 'human trafficking'. 6 things we know so far
Nicaragua-bound plane carrying 300 Indian passengers on suspicion of ‘human trafficking’, said Liliana Bakayoko, who was a lawyer for the airline. Speaking to AFP, Bakayoko said, “The company denied any wrongdoing in the incident and is at the disposal of the French authorities. But the airline would take legal action if the prosecutors file charges." The plane had taken off from the United Arab Emirates.
22.12 / 22:53
Mobile
Tesla
McDonald’s
Hyundai
Highways
Experts
performer
How far can you go with EVs in Canada? A closer look at range, battery life
electric vehicle.While “range anxiety” used to be a factor in purchasing an electric vehicle years ago given their novelty and limited charging infrastructure, times have changed and consumers have less to worry about how far their EV can go, experts told Global News.“Range has improved,” said Mark Marmer, the owner and founder of energy consultant Signature Electric. “Now most cars and trucks have at least about a 300- to 350-kilometre range, which is a reasonably comfortable thing.”That’s compared with eight to 10 years ago, when EVs only had a range of 150 to 200 kilometres, Marmer said.
22.12 / 21:07
Odyssey
reports
PUMP
Drive a Honda or Acura? Almost 300K vehicles impacted by fuel pump recall
Roughly 300,000 Honda and Acura vehicles in Canada will be recalled due to a fuel pump issue that could increase the risk of “crash or injury,” Honda Canada says.
22.12 / 20:02
Citi
economy
country
Department
Mexico to probe alleged labor abuses at Fujikura auto parts plant
MEXICO CITY (Reuters) — Mexico will review whether workers at a Fujikura auto parts plant in the northern border city of Piedras Negras were denied the right to choose their union after a U.S. request under a trilateral trade agreement, authorities said on Friday.
22.12 / 10:44
show
2020
reports
travelers
After Poonch attack, Khalistani separatist Pannun ties up with Kashmiri terror groups: Report
Pannun reportedly called himself the spokesperson of the Kashmir-Khalistan Referendum Front and said the recent ambush on Indian soldiers was a "consequence of India’s violence against Kashmiris". Three soldiers were killed and three other were injured after an Army vehicle was attacked by terrorists in the Poonch district of Jammu and Kashmir, news agency PTI had reported on Thursday. The report added that top Intelligence sources said Pannun’s declaration clarifies his association with designated terror groups of Pakistan who killed Indian soldiers.
22.12 / 06:07
vaccine
pandemic
country
information
reports
testing
COVID-19 leaves lessons to learn, Trudeau says amid rapid test controversy
COVID-19 pandemic, Prime Minister Justin Trudeau says amid controversy surrounding government rapid test purchases.Trudeau faced questions stemming from a Global News investigation that found a rapid test importer landed an estimated $2 billion in federal contracts in 2021 and 2022, despite giving regulators incomplete data about its product’s accuracy.“During the pandemic, we were doing everything we could in unprecedented ways to get as many different ways of keeping Canadians safe as we possibly could, whether it was on rapid tests, whether it was on procurement of PPE, whether it was on contracts for vaccines, and getting the vaccines needed to make sure that Canadians got through this pandemic,” Trudeau told reporters in Toronto on Thursday.“There’s no doubt (there’s) lots of lessons to learn about things that worked really well, about things that we probably won’t be doing again in the next pandemic when it comes. But every step of the way through the pandemic, it was all hands-on deck with every different way we could do to try and make sure we were saving as many lives as possible, and getting our economy back on its feet as quickly as possible.”A year-long investigation into federal procurement revealed that BTNX, a small rapid test supplier based outside Toronto, deleted dozens of specimens, or samples, from a study it submitted to Health Canada.
22.12 / 02:50
country
Canada offers temporary visas to Gaza residents with Canadian relatives
temporary visas to Canada, the country's immigration minister said Thursday. However, the federal government cannot guarantee safe passage out of the besieged Palestinian territory.
22.12 / 02:45
FIVE
Citizens
Extreme
Southern
rock
travelers
Department
Bahamas cruise unexpectedly reroutes angry passengers to Canada, New England
A number of upset travellers have traded in their swimsuits for snow gear after their sunny Bahamas-bound cruise was rerouted to more frigid temperatures in New England and Canada.
21.12 / 23:21
Landmark
reports
prevention
Ottawa to approve RBC's $13.5-billion deal for HSBC Canada
The Canadian government will approve Royal Bank of Canada’s landmark deal to acquire HSBC Holdings Plc’s Canadian operations.
21.12 / 20:01
Manufacturing
Entertainment
band
concert
pop
stars
Bright lights, Sin City: How a small Montreal LED company lit up the spectacular Las Vegas Sphere
Music is a deeply personal subject. There are those who swear The Beatles are the greatest band of all time, but others who would consider that claim utter malarkey. Some don’t care about music at all, so they don’t stay abreast of who is currently hot or not, perhaps because they are too busy to kick back and crank tunes.
21.12 / 20:01
Target
FIVE
economy
show
performer
Here's what the Bank of Canada was thinking when it held rates this month
The Bank of Canada held its key overnight rate at five per cent on Dec. 6, a move that was widely expected by economists and markets. On Dec. 20, the central bank released a summary of the deliberations that led to that monetary policy decision. Here are five things the governing council said affected the decision:
21.12 / 18:25
Provident
Man
Action
Fighting
Strategy
rock
‘Space given to terrorists, anti-India elements’: India to Canada after Justin Trudeau's ‘tonal shift’ jibe
Justin Trudeau's jibe that New Delhi's ties with Ottawa may have undergone a ‘tonal shift’ saying that the core issue with Canada is that it gives space to separatists, terrorists and anti-India elements. Ministry of External Affairs (MEA) spokesperson Arindam Bagchi said, "Our position has been consistent. We have highlighted how we see the problem and frankly, the core issue remains the space that is given to extremists, terrorists and anti-India elements in that country." "I would not like to say whether they have noted a shift or not.
21.12 / 15:39
Manufacturing
Assurant
pandemic
2020
reports
testing
COVID test supplier received billions in pandemic contracts after submitting edited results
A rapid test importer landed an estimated $2 billion in federal contracts in 2021 and 2022, despite giving regulators incomplete data about its product’s accuracy, Global News has found.
21.12 / 15:08
Provident
FIVE
India gets consular access to Nikhil Gupta in Czech Republic
India received consular access on three occasions to Nikhil Gupta, who has been in a jail in the Czech capital of Prague following the US accusing him of involvement in a foiled plot to kill a Sikh separatist on American soil. External Affairs Ministry Spokesperson Arindam Bagchi also said India is extending necessary consular assistance to Gupta. «An Indian national is currently in the custody of the Czech authorities pending a request for extradition to the US.
21.12 / 08:17
Department
open
Weekly
US to open 4,000 H-1B application slots weekly for Indians, Canadians. Details here
Hindustan Times, the initial programme is only open to Indians and Canadians. The US authorities will accept the application for the H-1B pilot program from January 29 to April 1, 2024.
21.12 / 08:01
Target
FIVE
Progressive
economy
show
information
reports
Cutting rates too soon could spur housing market ‘rebound’: Bank of Canada
Evidence is mounting that the Bank of Canada’s benchmark interest rate is high enough to bring inflation all the way back to the two-per cent target, deliberations from the central bank’s latest rate decision show.
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