Canada Financial News

In the middle of the afternoon on March 11, 2011, a major earthquake struck off the northeastern coast of Honshu, Japan’s main island, triggering a tsunami that sent a 40-metre-high wall of water cascading towards the coast. The inland surge from the tsunami washed away thousands of homes, devastating roads and knocking out power across much of the country. At the island’s Fukushima Daiichi nuclear plant, backup generating capacity was wiped away, too, and within days the plant fell into meltdown and began spewing toxic radioactive material into the environment, forcing the evacuation of thousands. The multi-pronged disaster, previously thought impossible, left more than 15,000 people dead and caused more than US$200 billion in damage, making it one of the most devastating in modern times.

Bank of Canada governor Tiff Macklem said policymakers may have done enough to tame inflation, reinforcing market and economist expectations that short-term rates have peaked.

Canada’s housing market is in “recessionary” territory, and it’s going to get worse before it gets better, economists warned this week.

First Quantum Ltd.’s copper mine in Panama is winding down operations as a blockade of small boats at a port restricts key supplies such as coal for energy, a union leader said.

Holiday travelers are starting their final sprint

Qatar Airways has been renewed as the airline sponsor for the men’s World Cup in 2026 in North America and the 2030 tournament expected to be in Europe, Africa and South America

IGCSE school in Singapore, subjects may require students to undertake coursework or practical assessments alongside their written exams. These components are significant, and students should be aware of how they contribute to their final grade. With quality education often comes an associated cost.

Toronto are touching the sky, a recent offer made by a woman in the city has left the people in disbelief. People were shocked when someone offered to rent out half a bed for 900 Canadian dollars a month. People came to know about this difficult-to-believe offer last month when a Toronto-based realtor Anya Ettinger highlighted a post on Facebook Marketplace.

European Union, and the US-led Indo Pacific Economic Framework for Prosperity (IPEF). Inclusion of these issues in trade pacts could have negative impacts, they said, adding that the recent US presidential memorandum of Joe Biden on worker rights indicates a deepening focus on labour standards in trade deals. Negotiations are on fast track with a comprehensive trade agreement with the UK, which seeks to promote trade in goods, services and two-way investments.

Trudeau highlighted the importance of coordinated G20 leadership and action to uphold the rule of law and international law and strengthen democratic systems, as he participated in a virtual G20 Leaders' Summit hosted by India. Trudeau's participation in the summit comes amidst strains in ties between Canada and India following his allegations in September of the «potential» involvement of Indian agents in the killing of Khalistani separatist Hardeep Singh Nijjar on June 18 in British Columbia.

Mint breaks down the developments: The Financial Times’ report said that US officials had aborted a plot to assassinate Gurpatwant Singh Pannun, a prominent pro-Khalistan leader. Pannun has been designated as a terrorist by Indian authorities. The report said that US officials issued a warning to the Indian government amid concerns about its involvement in the matter after PM Modi’s visit to America in June.

Financial Times first reported the plot. Following this, Indian officials expressed "surprise and concern" when they were informed about the incident, said White House spokesperson Adrienne Watson. “We are treating this issue with utmost seriousness, and it has been raised by the US government with the Indian government, including at the senior-most levels." "They stated that activity of this nature was not their policy ...

The Toronto Police Service says it is stepping up patrols “out of an abundance of caution” after an explosion at the Rainbow Bridge border crossing on Wednesday.

Hardeep Singh Nijjar's killing. External Affairs Minister S Jaishankar called it a 'logical consequence' as the situation relatively improved.

US-Canada bridge in Niagara Falls on Wednesday, November 22, resulting in two people dying and necessitating the closing of four border crossings in the area, authorities said. No preliminary information was available on the cause of the explosion, but it provoked concern on both sides of the border. Canadian Prime Minister Justin Trudeau said officials were "taking this extraordinarily seriously", and the White House said President Joe Biden was "closely following the developments".

US foils bid to kill Sikh terrorist Gurpatwant Singh Pannun, warns India: Report Responding to media queries on reports of discussions between India and the US on security matters, Ministry of External Affairs spokesperson Arindam Bagchi said India takes such inputs seriously since it impinges on its own security interests as well. He added that Washington had shared "some inputs" that were being "examined by "relevant departments." He said the inputs are the cause of concern for both countries and necessary follow-up action is being taken.

e-commerce sites you frequent as well as from real estate, automobiles and more inviting you to take advantage of the big Black Friday sales? That’s why we are going to learn about the American festival of Thanksgiving. A federal holiday in the United States, Thanksgiving is celebrated on the fourth Thursday in November every year.

Sikh separatist on American soil with «utmost seriousness» and has raised the issue with New Delhi, the White House said Wednesday. The Financial Times reported that same day that US authorities had thwarted a conspiracy to kill Gurpatwant Singh Pannun, a US and Canadian citizen.

A jury has found ex-RCMP intelligence officer Cameron Ortis guilty of sending sensitive information to alleged criminals and money launderers in an unprecedented trial.

e-Visa services by India for Canadian nationals, External Affairs Minister S Jaishankar has said that the visa issuance was temporarily suspended because the situation in Canada has made it «difficult for our diplomats to do the necessary work.» Addressing a press briefing following the conclusion of the Virtual G20 Leaders' Summit on Wednesday, Jaishankar said that the physical visa has started in many categories. «Regarding the E visa, you know, first of all, it had nothing to do with the G20 meeting. What had happened was we had temporarily suspended visa issuance because the situation in Canada made it difficult for our diplomats to do the, you know, frankly to go to the office and do the necessary work for processing visas,» Jaishankar said. «As the situation has become more secure or relatively improved.

New York and Ontario were quickly closed as a precaution, and the Buffalo-Niagara International Airport began security checks on all cars and told passengers to expect additional screenings. The Niagara Frontier Transportation Authority posted on X, formerly Twitter, that all cars arriving at the Buffalo Airport would undergo security checks. The authority said travelers should also expect additional screenings.