Canada Financial News

Rainbow Bridge Wednesday.In Canada, Public Safety Minister Dominic LeBlanc said in a news conference that Canada is taking the situation “extremely seriously.”“The prime minister and I will receive further information in the coming moments,” he said, shortly before both he and Prime Minister Justin Trudeau left question period for a briefing.LeBlanc did not say whether he has been informed of any injuries or fatalities.There is no official confirmation at this time on the nature of the vehicle explosion.The Rainbow Bridge connecting Canada and the U.S. is currently shut down at Niagara Falls and the FBI says its Buffalo, N.Y., field office is investigating.#FBI Buffalo statement on investigation at the Rainbow Bridge: pic.twitter.com/jRaGLL8sU8— FBI Buffalo (@FBIBuffalo) November 22, 2023The U.S.-based NITTEC, made up of agencies in New York and southern Ontario and which provide real-time traffic updates and border crossing information to travelers, had confirmed the bridge closure in a social media post Wednesday afternoon, saying the bridge “is closed from Main St to Falls Ave in Niagara Falls because of a crash.”The closure was reported at 11:51 a.m., the traffic authority coalition said.

The head of the Bank of Canada says the “excess demand” that was fuelling inflation is gone from the economy.

Accounting firm KPMG’s Canadian unit is joining forces with blockchain data platform Chainalysis to assist companies in battling crypto fraud.

An exploding population of hard-to-eradicate “super pigs” in Canada is threatening to spill south of the border, and northern states like Minnesota, North Dakota and Montana are taking steps to stop the invasion.

fall economic statement (FES), which is effectively a supplement or update to the vision laid out in the federal budget.“That is why we are making generational changes to competition law in Canada, including by cracking down on predatory pricing and other tactics that big corporations use to raise costs for Canadians,” Finance Minister Chrystia Freeland said.The FES discusses measures taken earlier this year, including Innovation Minister Francois-Phillippe Champagne calling on Canada’s major grocers to find ways to stabilize prices. Like Champagne’s prior comments, the FES says further actions are not ruled out, including tax measures for the grocery sector.The document also emphasizes in-progress work on Competition Act reforms, including honing in on “predatory pricing” by large companies.

Canada backed away from the idea of eliminating its $250-billion mortgage bond program, responding to pressure from investors who wanted the product kept alive.

The Bank of Canada could start cutting interest rates before inflation reaches its two per cent target, but only if the labour market co-operates, economists at Desjardins Group say.

OTTAWA — Finance Minister Chrystia Freeland tabled a fall economic statement on Nov. 21 that aims to support middle-class Canadians amid soaring consumer prices and looming mortgage renewals.

ad-free subscription plan, available at a monthly cost of AUD 15.99. There are speculations that certain Snapchat Plus subscribers might be required to pay a premium for access to the ad-free version. Reportedly, Snapchat is in the testing phase for its ad-free subscription plan.

National Investigation Agency (NIA) on Wednesday carried out raids at 14 locations in Punjab and Haryana in connection with its probe into attacks on the Indian Consulate in San Francisco in the US earlier this year, an official spokesperson said. The spokesperson said these places located in north India were raided to unravel the complete conspiracy behind the attacks on March 19 and July 2, involving criminal trespass, vandalism, damage to public property and attempts to cause hurt to the consulate officials and set the building on fire through acts of arson. The locations raided by the NIA were spread across the districts of Moga, Jalandhar, Ludhiana, Gurdaspur, Mohali and Patiala in Punjab and Kurukshetra and Yamunanagar in Haryana.

TORONTO — October’s inflation rate fell to 3.1 per cent on a year-to-year basis — down from 3.8 per cent in September — mainly driven by lower gasoline prices, Statistics Canada reported on Tuesday.

Australia’s richest person Gina Rinehart has called on the mining sector to push its own workers and advocates into parliament, so they can tear up environmental regulation she warns is jeopardising the industry’s ability to maintain its current levels of production.

Narendra Modi is set to chair The G20 virtual summit today on November 22, amid growing international concerns due to the Israel-Hamas war and shaky diplomatic relations with Canada. Significantly, Canadian Prime Minister Justin Trudeau has confirmed attendance at the event. This would be Trudeau's first virtual interaction with Modi since the two countries' relationship turned sour.

Minnesota, North Dakota and Montana and other northern states are making preparations to stop an invasion of wild pigs from Canada

Canada Prime Minister Justin Trudeau will participate in the virtual G20 Leaders' Summit, hosted by India. The Canadian Prime Minister's officer released Trudeau's schedule for Wednesday which has him joining in the meeting virtually Trudeau's attendance in the virtual meeting comes amidst a diplomatic standoff between India and Canada.

Prince Harry takes the ice in Vancouver!

Statistics Canada says airfares have plummeted over the past year, as airlines shore up capacity even while consumers think twice about travelling in a world of higher costs.

Uranium3o8, an asset-backed token backed by uranium, has gone live on Uniswap.

Anheuser-Busch InBev, the world's biggest beer company, said stable business environment and strong economic growth have helped India move up the ranks in terms of investment priorities but the country needs to lower taxes on beer to spur demand. «There has been a very stable business environment and good investment climate in India and we have seen solid GDP growth numbers. So, of course, it encouraged India to move up the ranks in terms of investment priorities.

Getting on the property ladder is so tough these days more young Canadians despair of ever getting to the first rung.

The standard age to retire is 65 in Canada, but if you’re in good health and expecting to live a long life, you may want to consider deferring Canada Pension Plan, says a financial planner.