Canada Financial News

11.08 / 19:13

economy stocks stock market Money TSX Toronto Stock Exchange tsx s&p index week S&P/TSX composite index inches up as week long rise levels off, U.S. markets mixed

Canada’s main stock market index crawled upward Friday morning, buoyed by energy and telecom stocks and restrained by tech and metals, while U.S. markets were mixed.

11.08 / 17:47

UPS Software ANZ APA Meet the mystery infra fund competing with APA for Alinta WA

Wall Street giant Morgan Stanley’s infrastructure investing arm has emerged as a competing bidder to ASX-listed gas pipelines giant, APA Group, in the circa $2billion sale process for Alinta Energy’s power assets in the Pilbara.

11.08 / 15:35

regulation Trading Bakkt Central Bank Police Today in Crypto: Argentine Opens Investigation Into Worldcoin, Canada is Seeking Solution to Facilitate Seizure and Storage of Crypto and NFTs, Canadians Don't Have a Reason to Adopt a CBDC

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

11.08 / 13:37

UPS Lowe's Citizens country Explainer Mint Explainer: 1.6 million Indians renounced their citizenship over a decade. A look at what’s happening

COVID-19 pandemic. – Those same individuals have acquired citizenship of a vast array of countries. The United States was a hot favourite with 71,991 individuals acquiring US citizenship in 2022.

11.08 / 12:47

UPS Citi FIVE Strategy 'The sick puppy': Why Laurentian has struggled in a golden age for Canadian banks

Times are relatively tough for Canadian financial institutions, but even in an inflationary period marked by sharp interest rate increases, there can be little argument that running a bank in Canada is pretty much a licence to print money. The country’s handful of large, dominant banks have weathered low oil prices, real estate dips, the Great Financial Crisis and even the pandemic, not only remaining profitable but also steadily expanding their reach.

11.08 / 12:29

UPS Provident Digital Citizens Bitcoin electronic Latest Bank of Canada Report Highlights Lack of Incentives For Canadians to Adopt CBDC

Bank of Canada, the country’s de-facto central bank, came up with a recent report that sheds light on the reluctance of the country’s citizens to readily adopt a central bank digital currency (CBDC).

11.08 / 12:10

COST UPS Airlines country Air Canada beats on quarterly profit versus year-ago loss

(Reuters) -Air Canada reported a better than expected quarterly profit on Friday compared with a year-ago loss and is adding capacity as the country's largest airline cashes in on strong international travel demand.

11.08 / 09:29

Adoption NFT regulation wallet Police Canada to develop repository for storing crypto and NFT seizures

The Royal Canadian Mounted Police (RCMP) is seeking a digital asset solution to facilitate the seizure and storage of cryptocurrency and nonfungible tokens (NFTs). According to an announcement, a tender was opened for applications on Aug. 10 for a solution to store seized digital assets:

11.08 / 08:57

UPS Parke show country star audience Matildas v France the ‘biggest night of sport since Sydney Olympics’

More than one stadium full of fans will be cheering on the Matildas in their quarter-final showdown against France on Saturday. Organisers and broadcasters are expecting record-breaking crowds and audiences across the country for the 5pm AEST kick-off.

11.08 / 08:43

Citizens Shell country US, UK, and Canada sanction Lebanon's former central bank governor over corruption allegations

The United States, United Kingdom, and Canada have slapped sanctions on Lebanon’s embattled ex-central bank governor and a handful of close relatives and associates over allegations of corruption

11.08 / 07:25

Hardeep Singh Nijjar Threat India excluded as threat in murder of Khalistani leader Hardeep Singh Nijjar: Report

Hindustan Times, India was not named as the source of the threat during agencies’ interaction with Nijjar, a proponent of Khalistan, who was very close to Nijjar, told the HT on the basis of anonymity. Also Read: Khalistan Tiger Force chief Hardeep Singh Nijjar killed in Surrey, Canada Nijjar received briefings from both the Canadian Security Intelligence Service (CSIS) and the Royal Canadian Mounted Police (RCMP) on several occasions this year, as per the source, which occurred through a series of telephone discussions and subsequent email communications, HT reported.

11.08 / 05:21

CBDC Adoption Central Bank Bank of Canada Canadians have ‘weak incentives’ to use a CBDC: Bank of Canada

The typical Canadian has little reason to adopt a central bank-issued digital currency, which could cause problems with its broad acceptance, according to a new paper from the Bank of Canada.

11.08 / 05:21

Immigration Housing Jobs Canada is losing tens of thousands of constructions jobs

immigration targets each year and the government is getting ready to welcome more people who work in skilled trades. But Canada continues to lose tens of thousands of jobs in the construction sector, according to recent data.According to Statistics Canada’s jobs data released on Friday, the Canadian construction industry saw a loss of 45,000 jobs in July.

10.08 / 20:55

economy stocks stock market Money TSX Toronto Stock Exchange tsx s&p index S&P/TSX composite index keeps climbing on Thursday, U.S. markets also rise

Canada’s main stock market index posted a small gain Thursday as it continued its climb this week, helped by strength in financial, telecom and technology stocks, while U.S. markets also rose after the latest inflation report.

10.08 / 18:57

Avoid non-essential travel to Maui, Canada says as wildfires rage

Canadians are being warned to avoid non-essential travel to Maui as wildfires continue to torch the Pacific island.

10.08 / 18:13

Twitter Man Progressive Compilation show Rose by another name goes extinct

A few days ago, I alerted a friend to the excellent news that her name, Shormishtha, was the 4,213,784th most common name in the world. Eight people, presumably including her, are called that. Of those, six are in India, with one each in Canada and the US.

10.08 / 16:05

UPS Provident Stronger loonie pushes CPPIB to narrow first quarter investing loss

Foreign exchange losses due to a stronger Canadian dollar contributed to a net loss of $5 million for the Canada Pension Plan Investment Board in the quarter ended June 30, translating to a negative return of 0.8 per cent.

10.08 / 16:05

COST UPS Provident FIVE Williams country NOT Tax system not built to keep up with inflation — and it's hurting some Canadians more than others

Inflation has been on the top of many Canadians’ minds recently, with the year-over-year increase in the consumer price index (CPI) hitting a four-decade high of 8.1 per cent in June 2022. While inflation has started to cool, when the effects of higher inflation are combined with tax provisions that essentially ignore it, “the pain for earners, savers, and recipients of benefits,” can be multiplied, according to a new report issued this week by the C.D. Howe Institute.

10.08 / 16:05

UPS Compilation Strategy Loblaw show Posthaste: Shoplifting rises on inflation, but some anti-theft measures a step too far for Canadians: poll

Retailers are implementing a variety of new anti-theft measures to combat a rise in shoplifting by Canadians, but consumers have mixed feelings about the different tactics being employed, a new survey suggests.

10.08 / 16:05

Progressive Racing love country social gay Joe Oliver: Liberal party culture is past its best-by date

Philip Cross and I recently wrote articles on the same FP Comment page discussing Liberal culture’s negative influence on Canada’s economic growth. His focus was on entrepreneurship and innovation while mine treated climate-change catastrophism. We both described how culture can undermine fact-based analysis, rational decision-making and the economic well-being of ordinary Canadians.

10.08 / 14:51

Provident Target country Renewables pension Exclusive-Canadian pension funds explore $6 billion sale of renewables firm Cubico -sources

By Isla Binnie and Andres Gonzalez

latest developments in Canada

What is the current situation in Canada?

In Canada, the spotlight is on socially significant developments that affect the region’s daily life.

Where can I find reliable news about Canada?

We publish reliable reports about the situation in Canada, based on information from regional journalists.

What shapes the media agenda in Canada?

The news landscape of Canada is shaped by major cultural and social events, reflecting its specific characteristics.