Canada Financial News

All around the world, bond traders are finally coming to the realization that the rock-bottom yields of recent history might be gone for good. 

Melanie Joly says Canada has been considering a “game plan” for how it would respond if the United States takes a far-right, authoritarian shift after next year’s presidential elections.“We are certainly working on scenarios,” Joly said in French during an interview with a Montreal radio station Wednesday.Joly added that Ottawa’s close political and economic ties to the U.S. means that “we must certainly prepare several scenarios.”She suggested Canada has a game plan in mind but wouldn’t get into details.“In general, there is our game plan, precisely to be able to manage what could be a rather difficult situation,” she said.“I will work with my colleagues and with the mayors, the provincial premiers, with the business community, with the unions, with everyone in the country, so that we are ready regardless of the election outcome.”Joly drew an analogy to her government’s experience working with the administration of former U.S.

The approaching wildfire is forcing Yellowknife residents to evacuate their homes and seek safety elsewhere.The wildfire is burning closer and the Northwest Territories government has ordered residents to evacuate.But they have very few options to escape the city. Flights start on Thursday afternoon but are limited to those who can’t drive or have health issues, according to the evacuation order.There is only one road out of Yellowknife that leads away from the encroaching fire.

Tetra Trust Company (Tetra),  Founded in 2019,  Canada's only licensed custody solution for digital assets, has announced the rollout of increased staking functionality through its strategic partnership with Kiln, a leading enterprise-grade staking platform.

Abu Dhabi National Energy Co. PJSC (TAQA) is looking to double down in India and is evaluating a large exposure in the expansive power businesses of Gautam Adani that span thermal generation to transmission, clean energy and green hydrogen, said people aware of the matter. TAQA, among the largest integrated utilities in Europe, West Asia and Africa and also the second largest stock on Abu Dhabi Securities Exchange (ADX), is keen to deploy $1.5-2.5 billion in Adani Group firms or in a single entity, said the sources mentioned above.

The town of Smiths Falls, Ont., is having a full-circle moment as pot producer Canopy Growth announced Thursday it would sell its primary cannabis cultivation facility — once a factory for Hershey Canada — back to the prodigal chocolatier.

Little League World Series, a significant event for young baseball players worldwide, is set to take place from August 16 to 27 in Williamsport, Pennsylvania. It will feature 10 U.S. regional champions and 10 international regional winners, totaling 20 teams. The series consists of 38 games scheduled over a 12-day period, concluding with the championship game on August 27. Viewers can watch the games live on ESPN, ESPN2, or ABC. The tournament will run every day from August 16 to 27, except August 25, which is a designated off-day for the teams. Streaming options include Sling TV via subscription and FuboTV with a free trial. Additionally, games can be accessed on ESPN+ but require a cable login.

(Reuters) — Pfizer Inc (NYSE:PFE) said on Thursday its updated COVID-19 shot, which is being tested against emerging variants, showed neutralizing activity against the «Eris» subvariant in a study conducted on mice.

Nirmala Sitharaman on Thursday asked chartered accountants to adequately familiarise themselves with new and growing areas of auditing, including ESG (environmental, social, and governance) and carbon accounting, and to adopt technology to improve their productivity. Developing expertise in new areas will help not just their clients but also the broader ecosystem, Sitharaman said at an event held by Institute of Chartered Accountants of India (ICAI) in Bhubaneswar.

By David Lawder

Secretly filming and sharing footage of consensual sex constitutes a sexual assault, according to an Ottawa judge’s recent ruling, sparking a debate over how courts view consent in cases involving technology.

By David Lawder

By Steve Scherer

Nasa) supposed to do if private companies like SpaceX get all the spacefaring glory? One option is to double down on investments in leading-edge advancements that may not pay off for years. Super-fast and manoeuvrable nuclear-powered rocket engines are one such technology. Last month, Nasa, partnering with the US Department of Defense, gave Lockheed Martin nearly $500 million to build and test one by 2027.

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TORONTO — A report by KPMG in Canada says investment in Canadian fintech companies plunged in the first half of the year as valuations fell to levels not seen since the beginning of the pandemic.

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A $5-billion electric-vehicle (EV) battery plant being constructed in Windsor, Ont., by a company backed by Netherlands-based automaker Stellantis NV and South Korea-based LG Energy Solution Ltd. is now well into its hiring process.

Former Bank of Canada governor Stephen Poloz says inflation is likely to cool faster than people are expecting, opening the door for lower interest rates.

Northwest Territories has compelled authorities to issue urgent evacuation orders and declare a state of emergency, with particular concern mounting for the capital city of Yellowknife.