Canada Financial News

Immigration Levels Plan 2024-2026, Marc Miller, Immigration Minister, cited it is ‘tailored to support economic growth while balancing with the pressures in areas like housing, healthcare and infrastructure.’ As per the plan, Canada will invite 485,000 new immigrants in 2024, and 500,000 in 2025 and 2026 each year. Canada is currently facing an aging population and labour shortages in key sectors and hence, it is seeking to spur growth with the help of new qualified professionals from countries like India. In 2022, India provided 118,095 new permanent residents to Canada, more than a quarter of the total 437,120 new permanent residents for 2022, Immigration, Refugees and Citizenship Canada (IRCC) said.

(Reuters) -U.S. amusement park operators Cedar Fair (NYSE:FUN) and Six Flags (NYSE:SIX) Entertainment on Thursday agreed to merge to scale their business amid an economic slowdown that has weighed on leisure spending.

PRNewswire. The event will take place in Paris in association with GIFEN, the French Nuclear Industry Association. It will witness over 650 exhibitors and around 20,000 participants from over 76 countries, reported PRNewswire.

Women now make up at least half of full-time M.B.A. students at five top business schools, the most to reach that milestone in a given year, new data show. The rising share of female M.B.A.

Police raided three magic mushroom dispensaries in Vancouver on Wednesday.

Bank of Canada governor Tiff Macklem says the central bank held its key interest rate at five per cent in part because of the effect a wave of upcoming mortgage renewals is expected to have on the economy.

Finance Minister Chrystia Freeland says Alberta’s proposed plan to withdraw from the Canada Pension Plan would put the retirement of millions at risk.

Housing affordability saw a “considerable deterioration” in Canada in the third quarter of 2023, according to a new report from the National Bank of Canada.

The Canada Revenue Agency (CRA) has extended the deadline for homeowners to file their taxes for vacant or underused residential properties in the country by six months.

Canada will now welcome over 485,000 new immigrants each year, which is the highest level in its history. Canada will target the admission of 485,000 new immigrants in 2024, and 500,000 in 2025 and 2026 each year. However, the country's immigration levels will remain unchanged from its current targets, according to new plans.

Origin Energy's largest shareholder on Thursday said it would vote against a «best and final» A$16.40 billion ($10.55 billion) offer from a Brookfield consortium for Australia's biggest energy retailer, throwing the deal's future into doubt. AustralianSuper said in a statement the consortium's A$9.53 per share offer, an 8% increase over the previous A$8.81 apiece bid, remained «substantially below» its estimate of Origin's long-term value. «AustralianSuper believes Origin has a highly strategic portfolio of assets to participate in, and benefit from, the energy transition,» a spokesperson said. Origin shares plunged as much as 5.6% to A$8.565 in high-volume trading following the news, as AustralianSuper's 13.68% holding could scupper a deal that requires approval from 75% of the register if not all investors vote. Hours earlier, the consortium led by Canada's Brookfield, which also includes EIG's MidOcean Energy, said the increased offer was its «best and final» proposal, meaning it cannot be increased unless a rival offer emerged. Brookfield did not respond immediately to a request for comment after AustralianSuper's announcement. AustralianSuper, the country's largest pension fund with A$300 billion in assets, on Tuesday had already rejected the prior offer, saying it was «substantially below» its estimate of long-term value as the country moves toward net-zero emissions by 2050. «If AustralianSuper is rejecting it, the likelihood of the deal going ahead is very low,» said Jamie Hannah, deputy head of investments and capital markets at VanEck, which owns a 0.3% stake in Origin. «I think the deal is back at the drawing board at the moment.» Should the deal fail at the shareholder vote scheduled for Nov.

SYDNEY (Reuters) -Australia's Origin Energy said on Thursday it had received a sweetened takeover bid from a Brookfield consortium, valuing the power producer at A$16.40 billion ($10.49 billion), days after its top shareholder rejected the previous offer.

The operator of the Keystone pipeline system and the U.S. Environmental Protection Agency say that the company has finished cleaning up a massive December 2022 oil spill in northeast Kansas

Scientists in northern France earlier this summer discovered what could be a massive deposit of the cheapest and greenest type of hydrogen.

On the 15th anniversary of the release of the Bitcoin white paper, Canadian Member of Parliament (MP) Joël Lightbound took the opportunity to thank the pseudo-anonymous creator of Bitcoin (BTC), Satoshi Nakamoto, in the Canadian parliament while advocating for people to study the leading cryptocurrency.

By Ananya Mariam Rajesh and Aatrayee Chatterjee

Investing.com — U.S. futures retreated Wednesday, as investors started the month cautiously ahead of the conclusion of the latest two-day policy meeting of the U.S. Federal Reserve.

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A U.N.-appointed human rights expert and opponents of Myanmar’s military government have welcomed the latest sanctions imposed by the U.S., U.K. and Canada on companies providing financial resources to the army-installed regime and high-ranking officials

Protests in Panama have extended into a second week over a long-term copper mining concession for a Canadian company

The visa interview is designed to assess your eligibility to study in the US and your commitment to complying with the conditions of the F-1 visa. Typically lasting only 90 seconds to three minutes, it's crucial to effectively showcase your qualifications to the consular officer in this brief timeframe. The F-1 visa is the go-to choice for students aiming to pursue academic endeavors in the US. Tailored for full-time students enrolled in accredited US universities, colleges, language schools, or recognized educational institutions, this visa allows you to stay throughout your academic program. Here is a comprehensive guide with potential answers to common questions you may encounter during your F-1 visa interview. These questions can be categorized into five key areas: Study Plans: Questions in this category focus on your reasons for studying in the US, your chosen field of study, and the impact of your studies on the global stage.