Canada Financial News

Ozempic.Novo Nordisk, the pharmaceutical company that makes Ozempic for Type 2 diabetes and Wegovy for obesity, has been warning for months now the products — which are both the drug semaglutide but at different dosages — will be difficult to get as the new year looms.Already pharmacies in Edmonton are having to limit how much it dispenses and shortages means it’s very difficult for people to get their medications quickly, if at all.“The patient usually comes and we have the prescription (filled) in like 15-30 minutes. Right now I would say maybe the day after, tomorrow when I get back from the doctor,” Haggag said.A lot of the patients who head to her pharmacy tend to call around looking for their medications, but almost every pharmacy in Edmonton is facing the same issue.She said in her 23 years as a pharmacist, she has never seen it this bad and that the backlog can mainly be attributed to manufacturing shortages.“Usually, I have one account with one wholesaler.

Rio Tinto fired the former head of its aluminium division, Ivan Vella, on Wednesday with immediate effect due his “failure” to keep confidential information secret, according to the mining giant, which is investigating the fallout from the breach.

S Jaishankar on Wednesday said that India is not ruling out an investigation but asked Canada to provide evidence in support of its allegations about the involvement of agents of the Indian government in the killing of a Khalistani separatist in that country. Jaishankar made the comments in response to questions during a conversation with veteran journalist Lionel Barber.

Canada’s Brookfield says AustralianSuper must be factoring in higher energy prices for consumers and running Origin Energy’s coal-fired power station for longer in its finding that the $20 billion takeover bid from Brookfield and partner EIG undervalues Origin.

emergency alert system were sent out to personal devices across the country Wednesday.The national public alerting system, called Alert Ready, aims to ensure Canadians know when to take action for safety in case of an emergency.“Alert Ready delivers critical and potentially life-saving alerts to Canadians through television, radio and LTE-connected and compatible wireless devices,” the system’s website says.The system allows government agencies to warn the public about events that are considered life-threatening, such as natural disasters, wildfires, explosives, air quality, national security and more.Natural disasters is currently the category with the most alert types, including tornadoes, flash floods, hurricanes and landslides.Alerts were sent to Canadians on Wednesday at varying times across the country, depending on region. There were no tests in Alberta or Northwest Territories.In July, an emergency alert warning people to stay home during flooding in Nova Scotia took close to two hours to send, say firefighters who responded to the disaster as bridges fell and roads crumbled.Joanna Eyquem, managing director of climate-resilient infrastructure at University of Waterloo’s Intact Centre, who specializes in climate adaptation, said a two-hour timeframe appears to be too long during a major flooding emergency.During tests, Canadians can expect to hear a testing sound which will simulate an emergency alert, known as the Canadian Alert Attention Signal.The tone prompts a message that will indicate that it is a test.

“We are excited to welcome Bitvo’s clients to the WonderFi ecosystem,” said WonderFi President and Chief Executive Officer, Dean Skurka. “The acquisition of Bitvo’s clients represents a non-dilutive acquisition for WonderFi, with immediate cash flow, increased scale, and an expected payback period of less than six months.”

Novak Djokovic will play against Hubert Hurkacz on November 16 in the third round-robin match of the season. This match will be played at the Pala Alpitour in Turin. Predictions ahead of Novak Djokovic vs Hubert Hurkacz While both the players are baseliners, there are no other similarities between the opponents. The legendary Serbian player holds a 6-0 head-to-head record over Hurkacz.

Sammy Hagar, an American rock icon, is set to embark on the «Best of All Worlds» tour in 2024, promising a nostalgic journey through his illustrious career. The tour, scheduled from July 13 to August 31, will showcase the talents of Hagar's star-studded backup band, including guitarist Joe Satriani, bassist Michael Anthony, keyboardist Rai Thistlethwayte, and drummer Jason Bonham. This tour serves as a spiritual successor to Hagar's 2004 «Best of Both Worlds Tour» with Van Halen. Hagar, known as the Red Rocker, officially announced the tour via his Instagram page on November 14. The tour aims to captivate audiences across the mainland United States and Canada, bringing together some of the most iconic names in rock music. The presale is ON! Presale for the «Best of All Worlds» tour begins on November 15, 2023, with a special code «REDHEAD» for access. Live Nation will also host a presale starting on November 16, 2023, with the code «BACKSTAGE.» General tickets will be available from November 17, 2023, through various channels, including Sammy Hagar's official website, Red Rocker, and popular ticket vendors like Ticketmaster. In a press release, Hagar expressed his excitement for the upcoming tour, stating, «With Joe on board, we can take a deeper dive into those years. We're going to touch on some hits from my entire career but seeing fans old and new really embrace the new collection set off something in Mikey and me.» Hagar and Michael Anthony, who played together in Van Halen's 2004 tour, decided to reunite after an instant connection with the fans during Hagar's 76th Birthday Bash in Cabo.

Canadian pension funds bulked up on private equity investments for their attractive returns over the past couple of decades, but changing dynamics in the PE sector and volatility in public markets are now leading some to reverse course and put holdings on the block.

Canada’s housing market continued to cool in October, with home prices slipping 0.8 per cent from the month before.

The rate of auto theft has risen to a record high in the past year, but drivers can lower their chances of falling victim depending on what kind of car they drive, one industry group says.

Dabur Ltd have been dismissed from a lawsuit in the United States regarding a potential connection between certain brands of hair relaxer and ovarian and uterine cancer, and other related health issues. A third international subsidiary, Namaste Laboratories, which sells ethnic hair-care products, remains as a defendant along with companies such as L'Oreal, SoftSheen-Carson, Luster Products Inc and Avion Industries, among others.

Apple said on Wednesday iPhone 14 users would get free access to its emergency SOS feature for another year. Introduced a year earlier, the feature allows users to share their location through satellite from areas without network by using Apple's FindMy app and send messages to emergency services.

By Timothy Gardner

A new COVID-19 subvariant called HV.1 is gaining traction across Canada, but whether or not it is more contagious than past variants remains to be seen, according to health experts.

Bonds are looking attractive right now and are set to be a shining light in 2024, according to a new outlook from portfolio managers at Pimco.

Canada’s central bank will have to cut interest rates faster and further than markets expect to get ahead of a wave of mortgage maturities that threaten a fifth of the country’s discretionary income, according to economist David Rosenberg.

CALGARY — As Alberta considers exiting the Canada Pension Plan, the head of CPP Investments visited Calgary on Tuesday to warn against losing its benefits.

Work has resumed at a precious metals mine in south-central Montana a day after an Idaho man died in an underground machinery accident

battery plant and an anticipated 450 permanent jobs.Prime Minister Justin Trudeau and Premier David Eby made the announcement Tuesday, touting the partnership with battery cell maker E-One Moli as a step towards developing B.C.’s clean economy.Under the deal, B.C. will fund up to $80 million for the new advanced manufacturing facility, which the province said will be the first of its kind in western Canada.The federal government is putting up $204.5 million through the Net Zero Accelerator Initiative, which is aimed at supporting companies that can help Canada reach its greenhouse gas emission targets.The plant will anchor E-One Moli’s North American operations and create a B.C.

Manulife Financial Corp. says it has cut 250 jobs globally in its investment management division.