Canada Financial News

Mumbai: PPFAS Mutual Fund has stopped accepting investments from non-resident Indians based in the US and Canada, said chief executive officer Neil Parikh, at the fund house’s annual unitholders meeting recently. Parikh said this was because asset management companies are barred from marketing their fund in those countries.

A well-known Quebec entrepreneur and philanthropist and his partner are believed to have been found dead in the Caribbean, where they owned a luxury resort, local reports have confirmed.

Investing.com — Friday’s nonfarm payrolls report for November will be in focus this week as investors try to assess whether the U.S. economy is remaining resilient in the face of higher interest rates. Oil prices look set to remain volatile and central bank meetings in Australia and Canada could underline the view that rates have peaked.

If retirement feels like an out of reach financial goal, you aren’t alone.

MUMBAI : Piramal Alternatives and CDPQ-backed performing credit fund have agreed to extend a ₹200 crore sum to ATM (automated teller machines) operator Transaction Solutions International (India) Pvt Ltd (TSI) in a structured credit transaction, a top executive said. The capital, raised against convertible securities, will help with TSI’s business expansion initiatives and accelerate its ATM deployment and other payment processing plans, the firm said. “With TSI, we had the opportunity to participate in a professionally led business within the high growth consumer payment sector.

International Maritime Organisation (IMO) Council with the highest tally on Friday, and the term of council will be for the biennium 2024-25, according to an official statement. The statement said India's re-election falls under the category of 10 states with «the largest interest in international seaborne trade», alongside Australia, Brazil, Canada, France, Germany, the Netherlands, Spain, Sweden, and the United Arab Emirates (UAE).

Winnipegger Chad Allan, from the band Guess Who has died at the age of 80.He was a founding member and original lead singer of the band, recording three albums before leaving it in 1966.Allan has been identified as one of Canada’s music pioneers and was given the Order of Manitoba in 2015 for his contributions to the Canadian music industry.He played guitar, piano, and accordion.

Variety's report. In 1994, Warner Bros. began work on the project ‘I Am Legend’ but the production got delayed due to budgetary concerns.

India and China both on Saturday refrained from signing the pledge at the COP28 climate summit to triple the world's renewable energy capacity by 2030 even though New Delhi already committed to it as part of its G20 presidency. During the UN's climate talks here, 118 countries committed to tripling the global renewable energy capacity by 2030 in a highly endorsed initiative. This ambitious goal aims to reduce the reliance on fossil fuels in the world's overall energy production.

With the Bank of Canada offering little hope to those aching for interest rate relief, experts say some Canadians might be able to get a break on their mortgage by paying closer attention to the bond market.

Canada accused India of killing a citizen on its soil, New Delhi dismissed the allegations as «absurd».

By Kate Abnett and Valerie Volcovici

Canada’s main stock index gained more than 200 points Friday on broad-based strength led by base metals, industrials and telecom stocks, while U.S. markets also rose.

Climate advocacy groups are pressuring world governments gathered at this year's United Nation's COP28 climate conference in Dubai to commit to cutting global food sector emissions, as the conference host promises to put agriculture in the spotlight. Global food systems- including farming and land use, livestock production, household food consumption and waste, and energy used in the farm and food retail sectors — account for 31% of human-made greenhouse gas (GHG) emissions, according to the United Nations' Food and Agriculture Organization (FAO). But few governments have ever published numeric targets for lowering those emissions, focusing instead mostly on the use of fossil fuels for power, transport and industry, according to climate advocates. «Business as usual food systems would use nearly the whole carbon budget for a 2-degree Celsius world. We need to implement food systems approaches throughout COP28,» said Joao Campari, global leader of food practice at the World Wildlife Fund. A full day of the 28th Conference of the Parties (COP), Dec.

RCMP after being accused of hosting secret Chinese government police stations.The announcement of legal action comes amid a months-long police investigation into allegations about the centres. They sent a joint formal notice to the RCMP and Canada’s attorney general Friday.“The lack of any intelligible explanation from the RCMP about the allegations, nor any timeline, leaves the community centres with no choice except to exercise legal recourse,” the organizations said in a statement.In March, the RCMP said the Service à la Famille Chinoise du grande Montréal and the Centre Sino-Québec de la Rive-Sud, located on the city’s south shore, hosted Chinese government agents who allegedly harassed members of the city’s Chinese community.In May, then Public Safety Minister Marco Mendicino told a parliamentary committee that the RCMP had shut down the so-called “police stations” in Montreal, Toronto and Vancouver.

The Israel-Hamas war has ignited a maelstrom of legal activity in workplaces and, for today’s purposes, on university campuses.

Canada’s largest banks set aside nine per cent more on average for bonuses in fiscal 2023 than they did a year earlier, with increases at all six companies despite a broadly disappointing year for dealmaking.

The federal government appears to have a perception problem: Most Canadians don’t understand what the carbon tax is costing them while others believe they are paying more than they receive in rebates, a new poll suggests.

The Globe and Mail, the leading news publisher in Canada, at their downtown Toronto office while on a family trip to North America. My host for the afternoon was Irish-born David Walmsley, the newspaper’s editor-in-chief.

Are Canada’s big banks just taking their usual conservative approach or are there signs of more trouble ahead in the sector?

How to factor an inheritance into your retirement planning is a looming question for a growing number of people, given that an estimated US$84.4 trillion in savings, stocks and property will pass from baby boomers to their heirs and favoured charities by 2025 in the greatest transfer of generational wealth in history.