Canada Financial News

NEW DELHI : India-backed Global Biofuels Alliance (GBA) is looking for more countries to join it from South-east Asia and Africa after the Philippines and Tanzania became the latest entrants. The move is strategically significant as it is expected to give India an upper hand over China which has interests in both South East Asian and Africa and has been opposed to joining the alliance. The alliance launched on 9 September on the sidelines of the G20 Leadership Summit was initially conceptualized with a view to getting all G20 members on board.

interest rate – and as Zlatkin says, most mortgage-holders will see higher monthly payments after a swiftstring of increases to the Bank of Canada’s key rate.Refinancing involves breaking the current contract entirely and signing a fresh one. It’s a useful option for those looking to access home equity, consolidate debt or switch lenders for a better rate.

(Reuters) — Fisker (NYSE:FSR) cut prices of its high-end Ocean Extreme SUV on Monday, while raising prices on two lower-priced variants, as the firm grapples with a slowdown in electric-vehicle demand and a price war started by dominant player Tesla (NASDAQ:TSLA).

Chevron Corp, the U.S.-based petroleum refining giant, has unveiled a colossal $53 billion all-stock deal to acquire its smaller rival, Hess Corp. The acquisition, announced on October 23, 2023, not only signals a strategic shift but also takes Chevron's rivalry with Exxon Mobil to the next level.

«Good to see my friend DG @iaeaorg @rafaelmgrossi today. Congratulated him on his reappointment.

Israel-Hamas war: At a time the war between Israel's Benjamin Netanyahu and Hamas fighters in Gaza, a lot of Palestinians have list their live. the war also saw the world divided in their allegiances.

IAEA) Director General Rafael Grossi on Monday arrived in India on an official visit. «A warm welcome to DG @iaeaorg @rafaelmgrossi as he arrives on his first visit to India as Director-General of IAEA. His visit will further strengthen India-IAEA ties across diverse sectors,» Ministry of External Affairs Official Spokesperson Arindam Bagchi wrote on 'X'. The IAEA is a centre for cooperation in the nuclear field and seeks to promote the safe, secure and peaceful use of nuclear technologies, as per the IAEA's official website. Grossi assumed office as the IAEA's sixth Director General on December 3, 2019.

Biden administration has advised Israel to delay a ground invasion of the Gaza Strip, hoping to buy time for hostage negotiations and to allow more humanitarian aid to reach Palestinians in the sealed-off enclave, according to several U.S. officials. U.S.

By Wayne Cole

Middle East clouded sentiment in a week laden with data on U.S. growth and inflation as well as earnings from some of the world's largest tech companies. Washington warned over the weekend of a significant risk to U.S. interests in the region as ally Israel pounded Gaza and clashes on its border with Lebanon intensified. The European Central Bank and Bank of Canada also hold policy meetings and, while no hikes are expected, investors will be sensitive to guidance on futures moves. A recent surge in bond yields has tightened monetary conditions without the central banks having to do anything, allowing the Federal Reserve to signal it will likely stay on hold at its policy meeting next week.

Oil prices eased on Monday as aid convoys started to arrive in the Gaza Strip over the weekend amid diplomatic efforts to contain a conflict between Israel and the Palestinian Islamist group Hamas from spreading to the wider oil-rich region. Brent crude futures fell 60 cents to $91.56 a barrel and U.S. West Texas Intermediate crude futures lost 61 cent to trade at $87.47 a barrel at 0038 GMT. For the past week, contracts rose more than 1% for a second consecutive weekly jump, on fear of potential supply disruption if the Israel-Hamas war grows into a wider confrontation in the Middle East, the world's biggest oil-supplying region. «Israel agreed to hold off its attack on Hamas following pressure from the U.S.,» ANZ Research said in a client note.

By Andrea Shalal and Kanishka Singh

alleged a potential link of Indian officials in the murder of pro-Khalistan leader Hardeep Singh Nijjar. Poilievre, while speaking to Nepal’s Namaste Radio Toronto, said the issue with India should have been handled in a more “professional manner" by the Canadian PM. “India is the largest democracy on earth and it's fine to have our disagreements and to hold each other accountable, but we have to have a professional relationship," he was reported as saying.

Canada the issues of surveillance of Indian diplomats by local security agencies in violation of the Vienna Convention and Ottawa’s complicity in encouraging extremism for decades but to no avail. Terrorists residing in Canada are not only openly calling for India’s dismemberment but also killing innocent people and running extortion and drug syndicates in India. The Canadian government is refusing to act against them despite evidence shared with them, highly placed sources told ET. Canadian governments have been ignoring extradition requests by India as well as the Red Corner Notices against these terrorists, one of the above-mentioned sources told ET. Sources alleged that there are credible reasons to believe that Canada is complicit in the blowing up of Air India flight (AI-182) in 1985 in which 329 passengers were killed. Sources recalled there was complete failure to detect explosives at Vancouver, Montreal and Toronto Airports ahead of the bombing of AI-182.

A detailed series of internal government polls obtained by Global News paints a picture of a government struggling to win approval from Canadians on just about any issue, while showing sharp regional differences when it comes to the top priorities voters want Ottawa to tackle.

S Jaishankar on Sunday said that visa services in Canada will only be restored after the safety of Indian diplomats is ensured. He was addressing the Kautilya Economic Conclave closing plenary session.

Pan American Games in Chile, 23-year-old Olympic swimmer Paige Madden, hailing from Alabama, delivered a stellar performance that not only clinched a gold medal but also shattered the 400-meter freestyle record. This outstanding achievement propelled the United States to the top of the medal chart, setting the stage for an exciting competition in Santiago. Paige Madden's remarkable feat was nothing short of history in the making.

Defence Minister Bill Blair says that after an independent review by the Canadian military, Ottawa has a “high degree of confidence” that Israel did not strike the al-Ahli Hospital in Gaza City on Tuesday.

Canada's National Department of Defence said on Saturday that Israel was not behind the Al-Ahli hospital strike in Gaza on Oct. 17. «Analysis conducted independently by the Canadian Forces Intelligence Command indicates with a high degree of confidence that Israel did not strike the Al-Ahli hospital on 17 October 2023,» it said in a statement.

Israel-Palestine conflict must be built on a two-state solution. This came during the first session of what was billed by Egypt as the Cairo Peace Summit which aims to find ways to prevent the war between Israel and Hamas. Arab presidents, royalty, and top officials from the Middle East, Europe, Asia, Canada, and Brazil were on hand.

Read all the latest updates on Israel-Hamas war at Mint's LIVE blogCanadian Prime Minister Justin Trudeau on Saturday met Palestinian, Arab, and Black Muslim communities in the country and assured them all the support.In a post on the X platform, Trudeau wrote, "We are stronger when we stand together for peace – and we will continue to do that. Canada continues to stand firmly for a two-state solution and for the right of Palestinians and Israelis to live side by side in peace and security".Israeli aircraft struck the Jenin refugee camp in the occupied West Bank early on Sunday, killing two Palestinians and wounding several others, according to Reuters news agency.