Canada Financial News
14.08 / 14:43
14.08 / 14:43
UPS
Progressive
NASDAQ
Fighting
Corning
The war on inflation isn't over yet, despite what some people think
Those in political power along with equity market participants seem to think the war on inflation has already been won, but perhaps it is too soon to declare victory.
14.08 / 14:43
14.08 / 14:15
UPS
Provident
Progressive
Aware
coinbase
Strategy
Breaking: Coinbase Expands to Canada With New Crypto Offerings
Crypto exchange giant Coinbase has announced its official launch in Canada, offering users a series of new features including 30-day free use of Coinbase One and zero trading fees.
14.08 / 13:25
UPS
CEO
Citigroup
Brookfield
Brookfield India REIT Q1 Results: Net operating income at Rs 245 cr, distribution at Rs 164 cr
It has announced distributions totalling Rs 164.2 crore for the quarter.Brookfield India REIT has achieved gross leasing of 2.98 lakh sq ft during the quarter including 63,000 sf of new leasing and 2.35 sq ft of renewals. The REIT witnessed an average escalation of 9.1% on 1.7 million sq ft leased area.
14.08 / 08:15
Digital
Amazon
Platform
Apple
film
audience
exclusive
Here’s Where To Watch 'Barbie' 2023 Movie Online Streaming
Since its release, Barbie has made a huge impact on pop culture and fans can’t seem to get enough of the movie. Many are wondering where they can stream the Greta Gerwig-directed film. Without further ado, here’s where you can stream Barbie online.
14.08 / 01:21
Analysis
Opinion
Bitcoin
An ETF will bring a revolution for Bitcoin and other cryptocurrencies
But not everyone’s on board with the crypto ETF train. Critics argue that Bitcoin-linked ETFs could be even worse than centralized exchanges for the crypto market. Their main beef? There’s zero possibility of withdrawing the underlying instrument. This means the holders are never able to take advantage of the single most important feature of Bitcoin: the ability to control their funds without a need to trust anyone.
14.08 / 00:39
Digital
Citizens
Gap
Bank of Canada paper casts doubt on CBDC value
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.
13.08 / 18:11
inflation
Bank
Bank of Canada
Gas
‘The hard work begins.’ Economists expecting rise in inflation rate
Forecasters anticipate this week’s consumer price index report to show inflation rose last month, signalling a reversal in progress after a year of steady declines.
13.08 / 16:17
UPS
Target
RPG
independence day
Ahead of Independence Day, Punjab Police busts terror module in Tarn Taran
Independence Day, the Punjab Police busted a terror module with the arrest of three people from Tarn Taran and also seized three pistols from them. Director General of Police Gaurav Yadav said the module was being operated by Czechia-based Gurdev Singh alias Jaisel.
13.08 / 07:57
Twitter
Platform
Action
show
social
Khalistan
Another Hindu temple vandalised in Canada with Khalistan referendum posters
Hindu temple was vandalised in Canada by extremist elements, with Khalistan referendum posters in the late hours of Saturday, Australia Today reported. The incident happened in British Columbia province in Canada. "#Breaking Another #Hindu temple vandalised in #Canada by #Khalistan extremists — bogus #Khalistanreferendum posters put at door of @surreymandir to create fear among #Indian community," Australia Today said on Twitter.
13.08 / 07:39
Citi
Parke
Celebrity
show
British Columbia
Canada: Hindu temple desecrated in British Columbia; 3rd incident this year
A temple was vandalised on Saturday in Canada's British Columbia with anti-India and pro-Khalistan posters pasted on its front gate and rear wall. The objectionable posters were pasted in front of the Lakshmi Narayan Mandir. The matter had been reported to the Surrey detachment of the Royal Canadian Mounted Police or RCMP, according to the president of the temple Satish Kumar.
13.08 / 05:35
WestJet
Canadian evacuees tell of chaos in Maui ‘war zone’
Maui have told of harrowing scenes during their escape from the fire-devastated Hawaiian island.Among the evacuees was British Columbia Supreme Court Justice Matthew Taylor, who drove through the ruined town of Lahaina on Thursday and said it resembled a “war zone.”Taylor, who arrived in Vancouver Friday morning on an Air Canada ferry flight, said buildings on both sides of the highway out of Lahaina had been “razed to the ground.”“Driving through Lahaina was absolutely shocking. It was really, really sad,” Taylor said.Officials in Hawaii say at least 67 people died this week after wildfires erupted on Maui in the state’s deadliest natural disaster in decades, surpassing a 1960 tsunami that killed 61 people.Gov.
12.08 / 19:25
BLOCK
US government sanctions Russians on the board of Alfa Group in response to war in Ukraine
The U.S. Treasury Department has imposed financial sanctions against four Russians on the board of Alfa Group
12.08 / 10:11
UPS
Waves
Southern
film
performer
500
Rajinikanth's 'Jailer' movie has a sensational start, predicted to cross Rs 500 crore lifetime earnings
Superstar Rajinikanth's latest film, 'Jailer', is creating waves at the box office. Initial estimates projected the movie to earn over Rs 25 crore, but it has far exceeded expectations by raking in more than Rs 100 crore in just two days.
12.08 / 06:59
VISA
Align
awards
HANS
country
reform
Korea to prioritize Korean language ability as part of immigration reform
Korea prepares to welcome more foreign workers through its reformed immigration policy, greater emphasis will be placed on an immigrant's proficiency in the Korean language compared to other skills. The Ministry of Justice told The Korea Times that fluency in Korean would play a significant role in the issuance of E-7-4 visas. These visas, which grant permanent stay in Korea with an initial three-year period and unlimited renewals, are given to individuals who meet specific criteria including a minimum of four years of work experience. The Ministry stated that mastering the Korean language is fundamental for immigrants to assimilate into Korean society, paralleling the approach of other countries. To encourage this, higher points will be awarded to those with exceptional language skills who seek to switch to E-7-4 visas. This stance aligns with the direction set by Justice Minister Han Dong-hoon, who emphasized the primacy of language ability over even technical skills like welding. He emphasized that individuals proficient in Korean would receive substantial incentives. Han Dong-hoon also emphasized the urgency of immigration reform to embrace skilled foreign workers as a critical priority for Korea. Despite government efforts, the nation's birthrate continues to decline dramatically, prompting a need for harmonious coexistence with foreign labor. Han Dong-hoon stressed that Korea's future hinges on the development of a well-structured immigration system and cautioned against hasty implementation to prevent severe political divisions. He cited examples from various other countries to highlight the importance of careful planning.
12.08 / 06:53
Listeria in ice cream? Why some frozen desserts are being recalled in Canada
Listeria contamination.The Canadian Food Inspection Agency (CFIA) issued the recall Thursday for six products sold by U.S. brand Soft Serve on The Go after cases of Listeria illness were reported in the United States.The affected cups of ice creams, sorbet and frozen desserts were sold in Ontario and Quebec.A food safety investigation is being conducted, which may lead to the recall of other products, CFIA said.So far, no illnesses have been reported in Canada for the products flagged by CFIA.The agency is advising Canadians to not consume or distribute the recalled products and if they were purchased to throw them out or return to the store.CFIA said the recall was triggered by an alert in another country without naming the U.S., where several Soft Serve On The Go ice cream cups were pulled from 20 states this week.At least two people have been hospitalized in New York and Pennsylvania, but no deaths reported, according to the U.S.
12.08 / 05:51
Provident
Progressive
country
India stands at cusp of a maritime revolution: Sarbananda Sonowal
Ports, Shipping and Waterways Sarbananda Sonowal has stressed unlocking the vast potential of India's maritime sector, saying the country's strategic location and commitment to sustainable practices present unparalleled opportunities. Hosting foreign heads of missions and officials here on Friday evening, Sonowal underlined that India stands at the cusp of a maritime revolution. The event was organised ahead of the Global Maritime India Summit 2023, scheduled to be held in Delhi on October 17-19.
12.08 / 05:51
love
beautiful
'Whole nation' watches as Australia face France in World Cup clash
World Cup semi-finals for the first time when they face France on Saturday, with European champions England or Colombia awaiting them. The Matildas play France in front of a sell-out Brisbane crowd of more than 50,000 at 0700 GMT, with all eyes on whether skipper Sam Kerr will be in the starting line-up. Australia's talismanic striker came off the bench for her first minutes of the tournament in the last-16 victory over Denmark and could be in line to start in the quarter-final.
12.08 / 02:45
UPS
Lowe's
Fox
Manufacturing
country
squash
Biden’s new tax could squash my family's can company
Sen. Josh Hawley, R-Mo., discusses the trade war with China and Democrats' 'ideological commitment.'
12.08 / 00:43
Immigration
Housing
Construction
Canada ‘absolutely’ can’t build more houses without more immigrants, minister says
housing crisis “absolutely cannot” be solved without the aid of new immigrants who bring their skills here, Immigration Minister Marc Miller told reporters on Friday.“The federal government is making housing more affordable and bringing in the skilled workers required to build more homes,” Miller said in Montreal.“Without those skilled workers coming from outside Canada, we absolutely cannot build the homes and meet the demand that exists currently today.”Miller was asked by reporters if he was considering slashing Canada’s immigration targets, which are currently at historic highs, in response to a recent Bank of Canada report that new immigrants are adding to housing demand.The minister said he was not.“People coming to this country are resourceful. When they bring capital, they are able to acquire houses,” he said.“If people are asking us to slash, what does that mean? Does that mean slashing the skilled workers that we need to actually build those houses? Slash family reunification, which can be devastating for the mental health and well-being of the families that are already here?”Canada aims to welcome 451,000 new immigrants in 2024.By 2025, the number is expected to go up to 500,000 new immigrants in one year.Miller said around 60 per cent of new immigrants to Canada are economic migrants, many of whom are the kind of skilled workers needed to build more housing.
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