Canada Financial News

The Bank of Canada is set to announce its interest rate decision Wednesday morning.

What happens: A person poses as a government official on the telephone. They call people and try to scare them by saying they have done something wrong (like not filing proper paperwork) and that they owe fees. They may say the person can lose their immigration status or be deported if they do not pay right away.

Canada also claimed that had held numerous ‘meetings’ to make India aware of the ‘credible allegations’ which state India and its intelligence agency was involved in Nijjar's killing. Since then, Ottawa and New Delhi announced tit-for-tat expulsions of diplomats in the wake of Trudeau's allegation of Indian involvement in Nijjar's killing. India also suspended visa services for Canadian citizens amid the festering diplomatic fallout of Trudeau's charge.

Most Canadians are regularly eating seafood despite high grocery prices, according to a new survey.

Canada’s biggest grocery store CEOs are going to be called back to Parliament, and this time MPs want them to explain how they are stabilizing food prices.

Bank of Canada Governor Tiff Macklem warned premiers who publicly asked the central bank to not raise interest rates last month that their requests could undermine the institution’s independence.

As cities around the country push through changes to become eligible to receive a slice of the federal government’s $4-billion Housing Accelerator Fund, the Canada Mortgage and Housing Corporation (CMHC) has released a list of 10 strategies that municipalities can undertake to improve their chances of winning the grant.

PTI reported. Biden's statement was made on Tuesday during a photo opportunity with Australian Prime Minister Anthony Albanese when he was asked about it.

Popular hardware wallet company Ledger has launched a cloud-based private key recovery tool called 'Ledger Recover.'

gunshots, including three children and the alleged shooter, at two border city residences in a case described on Tuesday as «intimate partner violence.» The victims were discovered late Monday in Sault Ste. Marie, Ontario, near the juncture of three Great Lakes bordering the US state of Michigan, about 700 kilometers (430 miles) north of Toronto, after police received reports of break-ins. A 41-year-old was found «deceased from a gunshot wound» at the first residence.

The stock market rebounded from its longest slide in 2023 amid a raft of corporate earnings, with traders awaiting results from giants Microsoft Corp. and Google’s parent Alphabet Inc. after the close. Oil held near US$85 a barrel.

Canada will dodge a recession by a narrow margin, economists say, but elevated interest rates will keep economic growth near zero for a while.

OTTAWA — Bank of Canada governor Tiff Macklem warned premiers who publicly asked the central bank to not raise interest rates last month that their requests could undermine the institution’s independence.

When the Canada Pension Plan was introduced to Canadians in the 1960s, it was sold as an alternative to a fraying old-age security program that guaranteed only $75 a month and had run up a $670-million deficit.  

Signs are growing that Canada’s economy is slowing under the weight of higher interest rates, but is it enough for the Bank of Canada?

Canada’s chief accessibility officer says her wheelchair was left in Toronto after she boarded an Air Canada flight over the weekend, describing the experience as “unacceptable.”

Spamouflage" campaign that involved bots posting disinformation and propaganda on the social media accounts of members of parliament, including Prime Minister Justin Trudeau. The Spamouflage campaign, using networks of new and hijacked social media accounts to post bulk messages, took place in August and September, and targeted dozens of lawmakers from across the political spectrum, the foreign ministry said in a statement.

The Bank of Canada is widely expected to hold its key interest rate steady on Wednesday as the Canadian economy bends to higher interest rates and inflation resumes its downward trend.

Iceland is often touted for its gender equality, topping the World Economic Forum’s gender gap index for 14 years, but women across the country are set to strike this week in a protest against employment inequality and the gender pay gap.

Foreign control in the Canadian economy has been steadily declining over the last decade, government data shows.

Sarah Jama from caucus.Stiles says the member for Hamilton Centre, who has been under fire for comments about the Israel-Hamas conflict, made what Stiles calls “a number of unilateral actions” that have undermined the party’s collective work and broken the trust of her colleagues.Jama spoke this morning in the legislature against a motion to censure her for a statement she made on the conflict between Israel and Hamas.She said Premier Doug Ford’s government is targeting her to distract from its own scandals, and also said that governments and institutions in Canada are trying to use their voice and weight to silence people who support Palestinians.The Progressive Conservative motion would effectively silence Jama in the legislature and calls on the Speaker not to recognize her in the House until she retracts her original statement and apologizes again.Jama’s original statement, on social media, decried “the generations long occupation of Palestine” without mentioning the attack by Hamas militants on Israeli civilians.Stiles had originally defended Jama after the legislator issued an apology for her initial statement, but now says in a statement that she and Jama had agreed that in order for her to stay in caucus they would work together “in good faith with no surprises” but now some of her actions “have contributed to unsafe work environments for staff.”