Canada Financial News

India becoming the first country to soft land on the south pole of the moon on Wednesday, Indian space policy advocacy groups, industry associations and private companies said it will trigger commercial opportunities for both Indian Space Research Organisation (Isro) and private players involved in the successful mission. It will also increase bilateral collaborations for India in the sector, experts added. «The Chandrayaan-3 mission had participation of over 400 companies from both public and private sectors. This will help Isro to do more global and commercial projects and this accomplishment will also help the private players like Anant Technologies and Walchand Industries to take part in international requirements,» said Anil Prakash, director general of Satcom Industry Association (SIA-India).

NHL 24, the latest installment of the NHL franchise, with new features and gameplay enhancements. Here's a breakdown of what's known about NHL 24.

Canaccord Genuity Group Inc. shuffled its Canadian capital markets division, installing a new slate of leaders following a round of job cuts.

Canadian millennials, particularly those who own a home, are set to face steep interest costs and economic damage in the months ahead, according to a new report from RBC.

Technology stocks helped lead a broad-based rally as Canada’s main stock index rose more than 150 points in late-morning trading, while U.S. stock markets also climbed higher.

Crypto exchange Bitstamp will discontinue staking services for customers based in the United States. In a message shared with Cointelegraph, the exchange announced the ending of Ether (ETH) staking as of Sept. 25.

Prime time ‘debates’ on Indian television channels exemplify one of the most dangerous behaviour trends of present-day society. This behaviour trait was first studied by American social psychologists Leon Festinger, Henry Riecken and Stanley Schachter, way back in the 1950s. Dorothy Martin headed a small religious group in Chicago called the Seekers, who believed in an imminent apocalypse.

By Nivedita Balu and Fergal Smith

climate change in those hotter years, “you get really intense conditions," White said. The long stretches of warm weather are affecting everything from food production to everyday activities. Farmers in Italy are growing mangoes, bananas and other tropical fruits.

With most sectors within the travel industry finally surpassing pre-pandemic levels of activity in 2023, our focus turns to the some of the greatest beneficiaries of this upswing: a selected quartet of airline stocks expected to post earnings growth of more than 50% this year.

By David Morgan

Retail sales flatlined in the second quarter while sales volume dropped 0.8 per cent, Statistics Canada said on Aug. 23, signs that economic activity is weakening as the Bank of Canada’s rate hikes take a deeper hold.

Detached home prices fell early this year, but an influx of buyers looking to take advantage of cooling valuations ultimately pushed prices back up in some of Canada’s hottest housing markets, though not to year-ago levels, a new report from Re/Max Canada says.

By Steve Scherer and Dale Smith

COVID-19 vaccine booster this fall, the province’s Health Ministry said Wednesday.The latest advice comes on the heels of a recommendation from both Quebec’s immunization committee and Dr. Luc Boileau, the director of public health.Who is considered vulnerable or at risk for the disease? The Health Ministry says this includes older adults, individuals in private residences or long-term care homes, people who are chronically ill and immunocompromised, pregnant people and health-care workers.

Decentralized mobile internet provider World Mobile has officially launched its services on Google Play.

A new research conducted by banking giant, Citi, shows that most financial institutions are leaning toward adopting Central Bank Digital Currencies (CBDCs) for faster global payments.

Canada's central bank has spent the last few years carrying out research into a digital loonie and what design features would be relevant to citizens with diverse payment needs and circumstances.But in a new paper, bank staffers note that most Canadians do not experience gaps in their access to a range of payment methods, and this would probably continue to be the case in a cashless environment.Nearly all - 98% - of Canadian adults have a bank account, while 87% have a credit card and internet access is high.The paper notes that this still leaves some people that could face difficulties making payments if merchants no longer generally accepted cash as a method of payment.However, for a payment-oriented CBDC to successfully address this issue, it would have to see widespread adoption among the majority of people who would not need it.

Discussions around shortening local financial settlement cycles within the next five years have most securities firms eyeing central bank digital currencies (CBDCs). 

As more companies call workers into the office after the peak of the pandemic, a growing number of Canadians are now commuting to their work – and for many, it’s taking longer than before, new data shows.

Climate change more than doubled the chances of the hot, dry weather that helped fuel the unprecedented wildfire season in eastern Canada that's driven thousands from their homes and blanketed parts of the US with choking smoke, according to an analysis released Tuesday. What's more, human-caused climate change made the fire season in Quebec — from May through July — 50% more intense than it otherwise would have been and increased the likelihood of similarly severe fire seasons at least sevenfold, researchers said. «The biggest takeaway is, this is because of us that we have seen so many fires this year,” due to greenhouse gas emissions, said Yan Boulanger, a research scientist in forest ecology for Natural Resources Canada. He was one of 16 researchers who collaborated on the analysis for World Weather Attribution, an initiative that aims to quickly evaluate the role of climate change in the aftermath of extreme weather events. Canada is in the middle of its worst wildfire season on record, with more than 5,800 fires burning over 153,000 square kilometers (59,000 square miles) from one end of the country to the other, according the Canadian Interagency Forest Fire Centre.