Canada Financial News

Prime Big Deal Days will occur include Australia, Austria, Belgium, Brazil, Canada, China, France, Germany, Italy, Japan, Luxembourg, Netherlands, Poland, Portugal, Singapore, Spain, Sweden, the U.S., and the UK. “We’ll share more details soon as we get closer to the event. We can’t wait to give our Prime members access to exclusive early savings this season," says Amazon in its blog post.

port dispute, including a commitment by employers to train workers to perform maintenance on new equipment.Contracting out of maintenance work to third parties had been one of the most contentious issues during the months-long dispute between the International Longshore and Warehouse Union Canada and the BC Maritime Employers Association.The four-year agreement also contains several terms about workers’ compensation.They include increases in the “Modernization and Mechanization retirement lump sum,” bringing that payout to $96,250 in 2026 for eligible retirees, over and above normal pension entitlements.The union representing about 7,400 workers said last Friday its members voted almost 75 per cent in favour of ratifying the new deal, ending a dispute that included a 13-day strike and halted movement of cargo worth billions.The deal features general wage increases of five per cent annually for the next two years, and four per cent for the two years after that.Those raises will boost hourly wages to a base rate of $57.51 by 2026.The new terms commit employers to “provide appropriate training to Journeyman Tradesperson … on how to perform regular maintenance work (within) the scope of their trade on new equipment and existing equipment.”

Foxconn, the world’s largest contract manufacturer. This year the Taiwanese giant has built or expanded factories in India, Mexico, Thailand and Vietnam. The Chinese production sites once beloved by Western companies are firmly out of fashion.

Meta Platforms' decision to block news on its platforms in the country, accusing the Facebook parent of abusing its dominant position. Meta started blocking news on its Facebook and Instagram platforms for all users in Canada last week in response to a law requiring internet giants to pay for news articles.

OMERS Ventures, the venture capital arm of the Canadian pension plan, is pulling out of Europe, marking a prominent global departure from the continent as EU technology investing dwindles.

Tim Hortons’ global quarterly sales surpassed US$2 billion for the first time in its history, but the coffee chain’s parent company said its franchisees’ profits still aren’t good enough.

By Jason Clemens and Niels Veldhuis

Business and environmental groups are pushing Prime Minister Justin Trudeau’s government to quickly enact a program to guarantee carbon pricing revenue, or else lose out on the investments needed to reach Canada’s climate goals.

Canada’s main stock market nudged southward in late-morning trading, in line with a bigger dip in U.S. markets.

Taylor Swift’s six shows in Toronto next November will go on sale starting Wednesday, according to Ticketmaster.Demand for Swift’s Canadian appearance as part of her Eras Tour is expected to be high, given her sellout performances in the United States that have led to earthquakes and economic boosts for regions.“The cost of the tickets is going to be immense,” Daniel Tsai, a business lecturer at the University of Toronto, recently told Global News.“For many people this is a once in a lifetime opportunity to see a huge cultural phenomenon such as Taylor Swift.”Here is what you need to know about tickets for Swift’s Canadian shows.While Swift’s Eras Tour is currently underway, the megastar won’t be appearing in Canada until November 2024.Unless more Canadian dates are added, Swift will only perform at the Rogers Centre in downtown Toronto from Nov. 14 to 16, 2024, and then Nov.

vegetable inflation by increasing the portion of pulses in their plate and the rise in international prices of pulses as exporting countries try to cash in on the fall in India’s pulses sowing has led to an increase of 2-3% in wholesale prices of pulses within a week. The demand for the relatively cheaper pulses like masoor and moong has increased as vegetable inflation continues to stay firm with tomato prices remaining 233% more expensive in July over June. Exporting countries like Canada, Myanmar, Mozambique and others, which are closely monitoring the progress of kharif sowing in India, have increased the prices of pulses as the sowing of kharif pulses is lagging by over 9%. Among all the pulses, the highest increase in prices was seen in urad, whose prices increased by Rs 3/kg or nearly 3% last week in Jalgaon, one of the main processing centres for urad in the country. Prices of tur dal have increased by Rs 200-400/quintal last week for various qualities. In the Akola (Maharashtra) market and in Gulbarga (Karnataka), the price of tur dal shot up from Rs 136/kg to Rs 140/kg last week, while the price of tur imported from Mozambique increased by a substantial Rs 5.5/kg in a week in Mumbai. According to trade data, all India urad sowing is down by close to 14%, while sowing of tur is down by about 8%.

As the tournament progresses, top teams like the USA, Canada, and Germany remain strong contenders, setting the stage for exciting quarter-final matches later this week.

A Bitcoin advocate based in Canada has “Zapped” 600 people a total of 300 Satoshis ($0.09 or 0.000003 BTC) each in a Bitcoin-inspired (BTC) social media experiment. 

(Reuters) -A number of global investors are opting out of Ant Group's proposed share buyback after the Chinese fintech's valuation was slashed by more than 70%, Bloomberg News reported on Monday.

By Deborah Mary Sophia

By Ismail Shakil and David Ljunggren

“Alberta is calling,” read the ads plastered across Toronto’s transit system.“Find things you’d never expect,” they coax, “like an affordable house.”The advertisements, a blunt recruitment initiative from the Alberta government launched last fall, tout ample job opportunities alongside comparisons of housing prices between Toronto and Calgary.For the family of Suzi Hansen and Tyler Brown, Alberta’s advertising campaign seems to have worked.After years of being unable to break into the housing market while renting a townhome in Oakville, Ont., Hansen says she floated the idea of moving to Alberta to her husband. She says Brown was initially hesitant, but the siren song of an “Alberta is calling” radio ad playing on the drive into work as an industrial mechanic pushed him to think twice about the idea.“Their ad campaign really, really sold it for him,” Hansen recalled in an interview with Global News as she packed up their Oakville home.The family, with three kids aged 15, 12 and two, was preparing for a cross-country U-Haul trek to a small Alberta hamlet a couple hours west of Edmonton where they were immediately able to buy a detached house.The decision was familiar territory for Hansen, who originally came to Canada from Los Angeles because of unaffordable housing prices in California.

The Canadian Armed Forces has created a new program to gradually phase out its old housing benefit after hearing feedback from military members who were set to lose the payments.

Marc Miller just finished five years as a federal minister working on Indigenous issues. Now, ironically, he’s minister of immigration, encouraging an influx of new Canadians many Indigenous Canadians think hasn’t served them so well.

Data centre business AirTrunk and its big-bank syndicate are poised to rule off the whopper $4.76 billion sustainability-linked loan launched in mid-June.

Two heart-stopping goals from Caitlin Foord and Hayley Raso propelled the Matildas to a convincing win over Denmark in the FIFA Women’s World Cup on Monday, but the Aussies defeated another rival on the night: themselves.