Canada Financial News

Police in Connecticut discovered an enormous amount of psychedelic mushrooms and an underground growing operation at the home of a 21-year-old man last week.

Hamed Esmaeilion has to watch his back wherever he goes — unable to escape the oppressive and violent regime that rules his homeland of Iran, even when he’s in Canada.

A group representing Canada’s engineering profession is urging Alberta Premier Danielle Smith to reconsider a proposal that aims to loosen restrictions around who can use the “engineer” title.

Is Edmonton on the precipice of a gang war?

As COVID-19 pandemic restrictions eased and the labour market began to recover in 2021, the average total income of some of Canada’s highest earners rose by nearly 10 per cent from the previous year, while those considered in the “bottom half” saw their incomes decline, new numbers from Statistics Canada show.

Bank of Canada senior deputy governor Carolyn Rogers laid out the central bank’s view of the interest rate path going forward at an event in Vancouver Nov. 9 and indebted Canadians may not like what she had to say. The Financial Post’s Ian Vandaelle breaks down four key takeaways from Rogers’ speech.

EDMONTON — The panel hearing from Albertans on quitting the Canada Pension Plan argued with callers and tried to persuade naysayers in its third telephone town hall session Thursday night.

The Bank of Canada’s No. 2 official urged preparation for interest rates staying elevated for longer.

India flagged its concerns at the '2+2' foreign and defence ministerial meeting. «We have made our concerns very very clear,» Foreign Secretary Vinay Kwatra said at a media briefing. The American delegation at the '2+2' ministerial dialogue talks was led by US Secretary of State Antony Blinken and US Defence Secretary Lloyd Austin while External Affairs Minister S Jaishankar and Defence Minister Rajnath Singh headed the Indian side. «We have core security concerns and I am sure you are all aware of recent video that has surfaced from one such individual,» Kwatra said adding the US side understood New Delhi's concerns. The ties between India and Canada came under severe strain following Canadian Prime Minister Justin Trudeau's allegations in September over the killing of Khalistani separatist Hardeep Singh Nijjar in June in the Canadian town of Surrey. Days after Trudeau's allegations, India temporarily suspended issuance of visas to Canadian citizens and asked Ottawa to downsize its diplomatic presence in the country to ensure parity. Canada has already withdrawn 41 diplomats and their family members from India. India has already resumed some of the visa services.

Kaju Katli, hold a cherished place in the heart of Diwali festivities. However, this year, a renowned coffee chain has opted for a unique culinary approach, sparking a blend of reactions within the community. Tim Hortons, a multinational coffeehouse and restaurant chain based in Canada, has unveiled a novel range of donuts inspired by classic Indian sweets, just in time for Diwali.

The proposed $20 billion takeover of Origin Energy by a private North American duo has now won support from all major proxy advisers, paving the way for a nail-biting lead-up to a decisive shareholder vote on a deal that is opposed by the electricity supplier’s biggest investor.

world population growth continues a long-term trend of slowing down, the U.S. Census Bureau said Thursday. The bureau estimates the global population exceeded the threshold Sept.

India-Canada Row: India's foreign secretary Vinay Kwatra informed that they had flagged the increasing presence of ‘pro-Khalistan’ incidences and members in North American country Canada to the United States. India on Friday conveyed to the United States its serious concerns over increasing activities of pro-Khalistani elements in Canada. “We have core security concerns.

Just under 50 national governments have issued a joint pledge to “swiftly transpose” the Crypto-Asset Reporting Framework (CARF), the new international standard on automatic exchange of information between tax authorities, into their domestic law systems. The statement was published on Nov. 10. 

Khalistani leader Pannun's Air India Threat: Delhi, Punjab airports bar visitors "We are asking the Sikh people not to fly via Air India. From November 19, there will be a global blockade. Air India won't be allowed to operate.

Canada, Melanie Joly, has said that she is in close contact with her Indian counterpart, S Jaishankar, adding that it is a difficult moment in relationship between the two nations that has spanned decades. Melanie Joly held a virtual news conference on Thursday to discuss her participation in the recent G7 foreign ministers' meeting, which took place in Tokyo. During the conference, Joly discussed Canada's diplomatic standoff with India, especially at a time when relations between the two countries remain strained. She said, «When it comes to India, I have mentioned it many times...I am in close contact with my counterpart, S Jaishankar, and we know this is a difficult moment in a relationship that spanned decades, so therefore I am confident that we will be able to get through this difficult period, as we know that we have many interests also that we can work together in common.» Highlighting the issue of 41 Canadian diplomats withdrawn from India, she stated that Canadian diplomats had to leave India because their immunities were taken back. «Of course we talk about our relationship within the Indo-Pacific with all our friends and like-minded...and of course...we are preoccupied by Induia's decision to get rid of the diplomatic immunities of 41 of our Canadian diplomats which put their safety at risk,» she said. «And, we are happy to see that there is clear language in the declaration (G7 declaration) reaffirming the importance of the Vienna Convention and the diplomatic immunities that are part of this,» she added. On being asked by the reporters if the dispute is settled now, the Canadian Foreign Minister added by saying, «Well, first and foremost, I have said it many times that Canadian diplomats had to leave

Edmonton Police Service described as “serious, targeted incident” at a shopping complex Thursday in deep southeast Edmonton.Around noon MT, over a dozen police cruisers and an ambulance responded reports of a shooting at the Petro-Canada gas station and A&W in the Harvest Pointe shopping complex just off Ellerslie Road and 50th Street.Upon arrival, police said officers found a 41-year-old man and an 11-year-old boy in medical distress.EMS responded, however, both the man and child died of their injuries on scene.They are a father and son, EPS confirmed. Not long after the shooting, family members began showing up to the scene, where they learned their loved ones had died.The homicide section is now investigating the suspicious deaths and said detectives have determined this was a targeted attack.As of Thursday evening, autopsies had yet to be scheduled.“We are sad to report that a child lost their life as a result of this violent event,” EPS Homicide Section Staff Sgt.

Canada’s housing agency is warning of a looming “shock” for borrowers renewing their mortgages as a new analysis shows the pain of higher interest rates is starting to put pressure on some homeowners.

Canada’s largest movie chain had plenty of reasons to celebrate on Thursday.

The federal government will give an update on the country’s finances later this month, with Finance Minister Chrystia Freeland set to deliver the fall economic statement as Canadians face difficulties amid high interest rates and ongoing cost of living concerns.

By Steve Scherer and David Ljunggren