Canada Financial News

JPMorgan’s debt capital bankers were expected to price a $US850 million ($1.3 billion) high-yield bond deal for Chris Ellison’s Mineral Resources overnight, after running a multi-country roadshow earlier this week.

As the bickering begins over how much of the Canada Pension Plan fund Alberta would be entitled to if it pulls out of the national pension scheme, there is a fast-growing pool of money managed by CPP Investments on which all appear agreed the western province would have a much smaller claim. 

Baloch political activist Karima Baloch, who was mysteriously killed in Toronto in 2020, has accused Pakistan's ISI of killing her and asked the Canadian government to reopen the investigation. Hammal Haider participated in a protest in front of the United Nations in Geneva to demand justice for Karima Baloch and other Baloch political activists killed in Pakistan and foreign soils. The protest was organized by Baloch National Movement (BNM) during the 54th Session of Human Rights Council. Hammal said, «We believe that the Canadian government and Canadian justice system didn't do well for Karima Baloch who died in suspicious manner and suspicious circumstances and we have been requesting the Canadian government to investigate her case. But, we have seen no interest from the Canadian government.

Logic might tell you that the people most likely to suffer workplace accidents are those who do the most dangerous jobs. A recent study, however, finds that isn’t the case.

The OLG said the winning ticket for the record-breaking $68 million Lotto 6/49 Gold Ball Jackpot was sold in Toronto.

Disney Plus is set to implement stricter measures against password sharing and account usage outside of one's household, with these new regulations initially taking effect in Canada Starting on November 1. Subscribers in Canada received email notifications from the streaming service on Wednesday, outlining the updated rules concerning account sharing. Disney CEO Bob Iger had previously indicated the company's intention to address the issue of password sharing, aligning with the approach adopted by streaming behemoth Netflix, which began imposing an $8 charge for additional users on a single account earlier this year. Disney in the updated Subscriber Agreement, specified that a household includes only “the collection of devices associated with your primary personal residence" and used by the people who live there. The agreement also suggested that Disney+ will introduce new fee options for users who want to add outside members to their accounts, noting that the upcoming rule applies to everyone “unless otherwise permitted by your Service Tier”. The company is following in the footsteps of Netflix, which officially began cracking down on password sharing in the US and other countries in May.

By Supantha Mukherjee and Divya Rajagopal

Jaishankar on Thursday met US National Security Advisor Jake Sullivan and discussed the progress in bilateral relations between the two countries and ways to take it forward. Jaishankar, who arrived here from New York on Wednesday after addressing the 78th General Assembly session of the United Nations on Tuesday, will meet US Secretary of State Antony Blinken later in the day. «Began my Washington DC visit with a meeting with NSA @JakeSullivan46.

The pace of the global transition to electric power depends on the future of a remote region in Canada known as the Ring of Fire. Located underneath a distant, swampy expanse of spruce forests and meandering rivers in Northern Ontario that is cut off from major roads, the Ring of Fire is seen by industry and government officials as one of the world’s most important untapped sources of nickel, copper and cobalt—metals essential for making the batteries that power electric vehicles.

Stubborn inflation might not warrant another interest rate hike, but could mean the Bank of Canada keeps its policy rate higher for longer, according to new forecasts released this week.

By Brian Benza

Atlas Materials, which has developed a new technology to process low-grade nickel that can be used for electric vehicle batteries, has raised $27 million ahead of building a pilot plant in North America, the start-up firm said on Thursday. U.S.-based Atlas said it has come up with a way to treat a type of nickel ore usually used as an ingredient in stainless steel into a form that can be used for EV batteries with low emissions and no waste.

Canada have termed as «extremely irresponsible» the allegations against India made by Canadian Prime Minister Justin Trudeau on the killing of Khalistterrorist Hardeep Singh Nijjar stating that the former could have reworded or rephrased his statement to ensure that the Hindu and Sikh communities are not impacted. «The announcement made by Prime Minister Trudeau in the parliament was something that could have been easily avoided and he could have easily followed diplomatic channels,» Indo-Canadian businessman from Brampton Ravi Sharma said. He was responding to Trudeau's allegations on the Indian government's involvement in the fatal shooting of Khalistani terrorist Hardeep Singh Nijjar on Canadian soil. «The moment the announcement was made, the Hindu community in Canada was on alert and it did create an immediate impact that people felt they were in distress and they were fearful because the pitch that was made in the parliament sounded as if a Hindu government had killed a Sikh leader. Which is not the fact.

India Today. Other sources also told CNN-News18 that the two ISI plants in Canada, Rahat Rao and Tariq Kiyani, were given the task of killing Nijjar due to business reasons or to get more cuts from new people.

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Bruce Springsteen and the E Street Band’s 2023 tour will be postponed until 2024, citing doctor’s advice.The Boss, who last week celebrated his 74th birthday, is “steadily recovering” from peptic ulcer disease, a press release read. “Out of an abundance of caution,” the remainder of this year’s tour has been pushed to next year.Earlier this month, Springsteen announced that he would be postponing all of his September 2023 dates while he was treated for symptoms related to the disease, which causes ulcers to form in the stomach or small intestine that can cause heartburn, nausea and stomach pain.Those postponed shows included stops in Baltimore, Philadelphia, Albany and Syracuse in New York, Pittsburgh, Washington, and shows in Connecticut and Ohio.The newly postponed shows include shows all across Canada, in Vancouver, Edmonton, Calgary, Winnipeg, Ottawa and Montreal — as well as two dates in Toronto.The Boss’ West Coast run of Phoenix, San Diego, Los Angeles, and San Francisco has also been postponed.Rescheduled concerts will be announced this week and will take place at the original venues.Peptic ulcer disease can be dangerous, leading to bleeding and emergency situations such as perforation of the ulcer through the stomach.

million up for grabs on Wednesday night in the Lotto 6/49 Gold Ball draw, there will be a lot of Canadians waiting to check their numbers once the lucky draw is made.But once that gold ball has been dropped —and according to lottery officials it is guaranteed someone will win the $68 million — what should the lucky winner or winners do?Well, according to Stephan Desbiens of Exponent Investment Management, the very first thing to do is stop, think and breathe given you have a big influx of cash coming in.“Just to try to really understand the moment that you’re in and possibly how things could really impact the rest of your life,” he said in an interview with Global News on Wednesday.Then, sign your ticket and store it somewhere safe because there will be some additional things you’re going to want to do first before cashing the winning slip of paper.Given you’re about to come into an influx of money, Frank Hounjet with Virtus Group said you should contact your attorney, accountant and financial planner so you can plan out what you’ll do with the new funding, while also working to prevent legal issues that could arise.In doing so, you can also start to plan for the resulting publicity and potential solicitations you could get from not just friends, charities and scammers, but even family members.So essentially trying to figure out how you want to deal those winnings, how you want to plan out your needs for retirement, what you want to donate and give way to family, friends,” he said. “What you might find is that after when you’ll find yourself with a lot of new friends and maybe some new family members that come out of the woodwork.

pro-Khalistani graffiti was written on walls under the Kashmiri Gate flyover on September 27, according to ANI reports. However, the pro-Khalistani graffiti has now been removed from the area. This came amid ongoing tensions between India and Canada over the killing of Khalistan terrorist Hardeep Singh Nijjar that took place in Canada on June 18 this year.

Also read: Pro-Khalistan elements in Canada attracting Sikh youth through visa sponsorship The university has also said it will provide personal support services that will have a mental health portal and the U of T Telus Health Student Support wherein students will be provided 24/7 support via phone or chat. “U of T is proud to be home to more than 2,400 international students from India who enrich our classrooms and campus life, and many more students, faculty, staff, librarians, and alumni with ties to that country," the University said on its website.

lentils from Canada despite the worsening of diplomatic ties between the two nations as New Delhi seeks to build buffer stocks to arrest the high price of pulses, said people familiar with the matter. The two central government agencies — National Cooperative Consumers’ Federation of India Ltd (NCCF) and National Agricultural Cooperative Marketing Federation of India (NAFED) – have recently issued tenders to procure red lentils (masoor whole) from the local market as well as through imports to stabilise prices. “The two agencies have floated tenders for domestic as well as imported lentils. They have, however, not mentioned any restriction on the country of origin,” one of the persons cited above said, adding lentils that will be procured have to comply with specifications of the Food Safety and Standards Authority of India (FSSAI). The two agencies, together, began issuing tenders four times every week to procure lentils earlier this month. Erratic monsoons this year in key growing states have caused a drop in acreage, leading to a rally in prices of the protein-rich staple.

Canada — driven largely by a substantial influx of immigrants and students. These numbers come at a time when the Trudeau government is stuggling to control an acute housing crisis, exacerbated by a lag in construction and the arrival of a large number of newcomers. Statscan had previously reported a population growth rate of 2.9% in the 12-month period ending on July 1, 2023. However, the release on Wednesday offers a more detailed breakdown of this growth. Economists have noted that the arrival of new residents is placing a strain on public services and impacting the Canadian economy, which had, until recently, been experiencing overheating. The population of Canada on July 1, 2023, reached 40,097,761, marking an increase of 1,158,705 individuals compared to the previous year. A staggering 98% of this growth can be attributed to net international migration.