Canada Financial News
30.08 / 09:59
Provident
Digital
Metro
track
country
beautiful
blues
G20 Summit and India's Presidency: Date, Logo, Venue, Theme, how does it work and more | FAQs
Also Read: ‘Invite to African Union made G20 more inclusive’ The G20, consisting of 19 individual nations (Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Türkiye, United Kingdom, and the United States) along with the European Union, collectively forms a prominent international assembly. As per the central government website on the G20 Summit, the G20 was upgraded to the level of heads of state, and government in the wake of the global economic and financial crisis of 2007, and, in 2009, was designated the “premier forum for international economic cooperation". The G20 Presidency oversees the G20 agenda over a span of one year and takes on the role of hosting the Summit.
30.08 / 06:01
Citi
Pride
country
‘Good for Chess’: R Praggnanandhaa receives grand welcome at Chennai airport | Watch
Airport. Upon his arrival in the city, Praggnanandhaa said, “I am very happy to see so many people coming here and it is good for Chess". The Indian Chess prodigy won a silver medal in the Fide World Cup 2023 and qualified for the Candidates 2024 recently.
30.08 / 05:31
Lowe's
Immunic
country
Canada: First case of highly mutated Omicron COVID variant BA.2.86 detected in British Columbia
Also read: Highly mutated COVID variant BA.2.86 detected in 2 more countries, but 'pandemic in a different phase’, says WHO The BA.2.86 lineage, which was initially detected in Denmark last month, boasts over 35 mutations in significant portions of the virus when compared to the XBB.1.5 variant, which had been the predominant strain throughout most of 2023. The United States, Switzerland, and Israel have also reported cases of this new variant.
30.08 / 05:05
veteran
Canada’s oldest Second World War veteran laid to rest in British Columbia
Jewish Independent, after the war, Sinclair started the Sinclair Bros. Garage and Auto Wrecking in Richmond with his youngest brother Joe, and ended up bringing numerous family members to B.C.In the 1960s he moved to Los Angeles with his wife seeking a drier climate for health reasons, but eventually moved back to British Columbia.
30.08 / 03:31
World Health Organization
COVID
First Canadian case of new COVID-19 variant confirmed in B.C.
COVID-19 has been detected for the first time in Canada, British Columbia health officials said on Tuesday.The variant, dubbed BA.2.86, was confirmed in the Fraser Health region, and involves a person who had not travelled outside the province, according to a joint statement from provincial health officer Dr. Bonnie Henry and Health Minister Adrian Dix.“So far, there does not seem to be increased severity with this strain of COVID and the individual is not hospitalized,” the statement reads.The new variant was first detected in Denmark in July, and has since been confirmed in several countries including the United States.The World Health Organization has classified BA.2.86 as a “variant under monitoring” due to the presence of a large number of mutations.The agency described variants under monitoring as those that show early signs of a “growth advantage” compared to more dominant circulating variants, and which require further evidence of their possible impact.“It was not unexpected for BA.2.86 to show up in Canada and the province.
30.08 / 03:21
UPS
Waves
show
Canada detects first case of highly mutated coronavirus variant BA.2.86
Canada has detected its first case of coronavirus infection from the highly mutated BA.2.86 variant of Omicron in a person in British Columbia who had not traveled outside the Pacific province, health officials said on Tuesday. The individual is not hospitalized, and the detection of BA.2.86 virus has not changed the risk to people in British Columbia, the province's top doctor, Bonnie Henry, and Health Minister Adrian Dix said in a joint statement. «It was not unexpected for BA.2.86 to show up in Canada and the province,» they said. "COVID-19 continues to spread globally, and the virus continues to adapt." The BA.2.86 lineage, first detected in Denmark last month, carries more than 35 mutations in key portions of the virus compared with XBB.1.5, the dominant variant through most of 2023.
29.08 / 21:17
U.S.
Pride
LGBTQ
Canada advises LGBTQ2 travellers to be aware of U.S. state laws
U.S. states targeting the LGBTQ2 community, Canada has updated its travel advisory for the country specifically advising people to check state and local laws before visiting.While overall travel advice around risk levels or health concerns has not changed for the U.S.
29.08 / 20:29
economy
stocks
stock market
Money
TSX
Toronto Stock Exchange
tsx s&p
Tech and base metal stocks help S&P/TSX composite gain more than 150 points
Gains in the technology and base metal sectors helped lead a broad-based rally as Canada’s main stock index rose more than 150 points, while U.S. stock markets also pushed higher in late-morning trading.
29.08 / 19:39
Climate change
Climate protester throws paint on Tom Thomson art at Canadian gallery
A man has been arrested at the National Gallery of Canada in Ottawa after throwing paint on a painting in a self-described climate protest.
29.08 / 17:55
UPS
Reuters
Enterprise
ANZ
APA
Deal
PEP’s Zenith Energy locks in $320m debt amid APA-Alinta deal
Private-capital backed mine site power business Zenith Energy has lined up a $320 million debt deal from a mix of existing and new lenders, as APA Group’s $1.7 billion acquisition of Alinta’s West Australian remote power assets kicks up interest in the sector.
29.08 / 17:37
29.08 / 16:07
Provident
Digital
performer
UST expands offerings in the telecom space with acquisition of MobileComm
Digital transformation solutions company, UST on Tuesday said it has acquired MobileComm, a global telecom engineering firm with over 21 years of experience in telecommunications and wireless engineering services. The company said that the acquisition of Dallas-based Mobilecomm and the integration of its over 1300 employees will significantly strengthen UST’s telecommunications practice and position the company to continue building upon its growth in this dynamic sector.
29.08 / 15:51
cryptocurrency
Cybercrime
Got a freelance job offer on text? How to recognize a scam
Freelance job scams are on the rise in Canada amid increasing unemployment and a growing threat of cybercrimes targeting Canadians.
29.08 / 15:21
Blockchain
Mining
NVIDIA
GPU
Bitcoin
generative AI
Iris Energy buys 248 Nvidia GPUs worth $10M for generative AI & Bitcoin mining
Nasdaq-listed Iris Energy has bought 248 state of the art Nvidia H100 GPUs for $10 million as it looks to explore opportunities in generative AI in addition to its core business focus on Bitcoin mining.
29.08 / 13:37
Blockchain
Provident
Binance
Platform
MasterCard
country
Exploring Solana, Binance, and Bitgert: Crypto Platforms in Focus
Solana is a high-performance blockchain that aims to provide fast, scalable, and low-cost transactions. Solana uses a novel consensus mechanism called Proof of History, which allows Solana network to process thousands of transactions per second. Solana has attracted a lot of attention from developers and users, especially in the fields of decentralized finance (DeFi) and non-fungible tokens (NFTs).
29.08 / 12:41
COST
UPS
FIVE
Tesla
show
country
Canada among new countries to pass crucial tipping point that triggers mass EV adoption
Convincing everyone to adopt a new technology can be a slog at first. The humble microwave oven, for example, took two decades of lukewarm sales to reach just a tenth of U.S. households. But then came the 1980s, and quicker than you could say “Hot Pockets,” microwaves had spread to nearly every kitchen.
29.08 / 12:41
COST
Booking
COMPOSITE
Bank of Montreal misses expectations on loan loss provisions, severance pay
Bank of Montreal put aside more money for potentially sour loans and severance costs as it absorbs Bank of the West during a difficult period for U.S. regional lenders.
29.08 / 12:41
COST
UPS
Provident
FIVE
show
My mortgage is coming up for renewal – what should I do now?
Interest rates have gone up a great deal. We all know that. Where they go from here, we don’t know, but I certainly have a point of view. But the tough question to face is what to do with your mortgage, especially if it is now coming up for renewal?
29.08 / 10:23
29.08 / 09:51
Target
Progressive
Fighting
Remark
Tobacco leaves have a compound to fight several types of cancer: Study
tobacco leaves that holds promise in the fight against several types of cancer. As per a TOI report, this discovery stands in stark contrast to the prevailing narrative around tobacco use. The World Health Organization (WHO) attributes a significant quarter of global cancer-related deaths to tobacco consumption, with lung cancer topping the list as its primary consequence. The breakthrough finding comes courtesy of AU alumnus Amit Dubey, in collaboration with Indian scientist Aisha Tufail, and researchers Miah Roney and Prof AKM Moyeenul Huq from Malaysia.
29.08 / 09:51
Digital
Cooper
Booking
Amazon
Apple
country
services
New Zealand plans digital services tax for multinationals from 2025
New Zealand said on Tuesday it would introduce legislation for a digital services tax on large multinational companies from 2025 after talks for a global rollout did not reach consensus at the Organization for Economic Cooperation and Development (OECD). More than 140 countries were supposed to start implementing next year a 2021 deal overhauling decades-old rules on how governments tax multinationals that are widely considered to be outdated as digital giants like Apple or Amazon can book profits in low-tax countries. But the proposal was pushed back last month after countries with digital services taxes, with the exception of Canada, agreed to hold off applying them for at least another year. «While we will keep working to support a multilateral agreement, we are not prepared to simply wait around until then to find out,» Finance Minister Grant Robertson said in a statement. «We don't think it's fair that everyday Kiwis pay their fair share of taxes but there's no tax liability for large multinationals.» The proposed digital services tax will target multinational businesses that earn income from New Zealand users of social media platforms, search engines, and online marketplaces. The tax would be payable by businesses that make over 750 million euros ($812 million) a year from global digital services and over NZ$3.5 million a year from digital services provided to New Zealand users.
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