Canada Financial News

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. Among the investors not participating in the buyback are Warburg Pincus, Canada Pension Plan Investment Board (CPPIB), Carlyle Group and GIC Pte, Bloomberg said, citing people familiar with the matter.

flash flooding, record heat and wildfires.Global News meteorologist Ross Hull said that the bullseye for the strongest storms will be over the northeastern U.S., with parts of New York state down to Kentucky in line for potentially damaging winds, hail, heavy downpours and isolated tornadoes.He said Ontario and Quebec are on the “northern periphery of this disturbance.”“Once again it looks like parts of eastern Ontario could see some strong storms Monday late afternoon to evening with the biggest threat being heavy rainfall,” Hull said in an email.“There are Rainfall Warnings in place from Ottawa south towards Kingston and east to areas north of Montreal where some downpours could deliver more than 50 mm of rain in a relatively short amount of time which could lead to localized flooding.”As the weather system moves east into the Maritimes, there will be the potential for heavy rain Tuesday night into early Wednesday, Hull said, and a special weather statement has been issued.Environment Canada says rainfall could exceed 50 millimetres over the northern half of New Brunswick and be up to 50 millimetres in some parts of Nova Scotia.Parts of Nova Scotia are still reeling from a torrential downpour that triggered floods July 22 and killed four people, while Halifax recently had storms and flooding this past Saturday.In an online bulletin, the U.S.

The Matildas have charged into the Women’s World Cup quarter-finals and welcomed back Sam Kerr in style with an imperious 2-0 win over Denmark.

Weekly cryptocurrency asset flows for the week ending Aug. 4 reconciled at $107 million in outflows, continuing a three-week negative trend totaling $134.8 million.

GIC and Abu Dhabi Investment Authority (ADIA) along with two Canada-based pension funds are in talks to acquire Blackstone Group's 50% stake in two separate commercial portfolios of Panchshil Realty and Salarpuria Sattva Group, said persons with direct knowledge of the development. The deal is estimated to be concluded at an enterprise valuation of over $4.5-$5.0 billion.

British Columbia’s port workers have voted almost 75% in favor of a contract offer, ending weeks of turbulent job action that stopped billions of dollars’ worth of goods from being shipped in Canada

Student visa fraud: The Canadian Border Service Agency have currently narrowed down their suspect list of fraud cases where students entered the country taking unfair advantage of the system to 300, sharply bringing it down from 2,000 cases as were reported earlier. On 23 June, Reuters had reported that Canadian authorities had taken into custody, one Brijesg Mishra, an immigration agent from Jalandhar. On 24 July, the Canadian Border Services Agency (CBSA) has laid charges against Brijesh Mishra for his involvement in defrauding 700 Indian students.

Heritage Foundation V.P. of Foreign Policy James Carafano on Ukraine President Zelenskyy blaming lack of munitions for slowed counter offensive, and the U.S. and its allies conducting military exercises in Australia.

In a major development that has the crypto world buzzing, Shytoshi Kusama, the creator of Shiba Inu, has invited Elon Musk to the upcoming Blockchain Futurist Conference in Toronto, Canada. While the memecoin continues to rise, a different form of anticipation is building among QUBE investors, as the token's bullish outlook becomes more certain.

Shoppers have named Costco Wholesale Corp. the most respected grocery retailer in Canada, according to a new survey.

It is well-known that Canada is struggling to advance dual commitments to realize an overdue open banking system and modernize the payments system (often referred to as “PayMod” as an industry shorthand). Proponents of these innovations frequently remind regulators of the benefits these advancements promise to both citizens and innovative firms. Canadians need and deserve choice, along with robust digital architecture that facilitates the services for their various banking needs.

JALANDHAR: The intelligence and enforcement branch of Canadian Border Service Agency has revealed that based on tips from public, they had initially identified over 2,000 cases where fraudulent documents might have been used to obtain a student visa and now, they have narrowed down such suspected cases of concern to 300. Responding to a June 8 letter sent by some students, who are victims of fraud, to Canadian public safety minister Marco E L Mendicino, asking about their immigration status in Canada, branch vice-president Aaron McCrorie has revealed these figures in his reply. «In 2018, CBSA was investigating organised crime

Earlier this summer, two Canadians walked into a party in rural Germany.“Canadians?” joked the host. “I thought you’d smell more like smoke.”It’s been that kind of season.Floods, drought, warm waters lapping three coasts — but mostly wildfire smoke from sea to sea and overseas.Yes, this is climate change, scientists say, and expect more weather weirdness to come.“It’s been a wild ride,” said Danny Blair, co-director of the Prairie Climate Centre at the University of Winnipeg.

Sam Kerr was limited to the stationary bike on Sunday during the 15-minute window of training open to media, amid speculation over how much she will feature in Monday night’s round-of-16 clash with Denmark.

Joyeeta Gupta, professor of environment and development in the Global South at the University of Amsterdam, won the Spinoza Prize, the highest award in Dutch academia, sometimes referred to as the Dutch Nobel prize. Gupta’s work lies at the intersection of climate crisis, governance and justice, and the jury recognised it as “extremely broad and interdisciplinary”: She was also the lead author of the United Nations Intergovernmental Panel on Climate Change (IPCC), which won the Nobel Peace Prize in 2007 along with former US vice-president Al Gore.

(Reuters) — A Canadian government agency has guaranteed fresh commercial loans of up to C$3 billion ($2.2 billion) to the controversial Trans Mountain pipeline expansion project that has suffered repeated cost overruns.

(Reuters) -Dock workers in western Canada voted to accept an improved labor contract after a month-long dispute that affected trade and disrupted operations at the country's busiest ports, their union said on Friday.

More than 1,000 cases related to past COVID-19 benefits are now winding their way through Federal Court as taxpayers wage battle with the Canada Revenue Agency in the hopes of being able to hang on to their benefits as the government continues to try to claw them back from Canadians whom it determines were ineligible.

Prime Minister Justin Trudeau’s government won’t lower its immigration targets despite growing criticism that drastic population growth worsens existing housing shortages.

never arrived.In the fall, Global News also spoke with a Halifax woman with a broken ankle who waited three hours for an ambulance to come, and an elderly couple that waited 2.5 hours after an injury at Point Pleasant Park.And in January, a Nova Scotia paramedic spoke out about working conditions and a growing problem with offload delays — transferring the patient from ambulance to hospital — which are contributing to ambulance wait times.Hollier said he doesn’t blame the paramedics, nurses or doctors, but he’s frustrated with the government for the state of the health-care system.“I think it’s totally disgraceful in Canada that this is happening,” he said.“It’s obvious that the populations are getting older, the baby boomers are getting older, and there’s more and more incidents that are going to happen like this, and they’re not going to get proper care.”According to Nova Scotia’s Action for Health dashboard, the average wait time for an ambulance in the central health zone during the week of July 16 — the most recent data available — was 30 minutes, while the average patient offload time was 110 minutes.In an interview Friday, Charbel Daniel, executive director of provincial operations with Emergency Health Services, said he sympathizes with the family.“Our hearts go out to families when they’re in these situations and waiting for an EHS response,” he said.“We take these situations very seriously and we always do a massive service inquiry into them to look if there’s any quality improvement initiatives that we can do.”Daniel said there are a number of systemic impacts on ambulance wait times, including the time it takes to transfer patients to the hospital, as well as increased call volumes.But he noted that there are

F1 visa is opening up at various consulates in India, giving hope to students who want to pursue their Masters in United States. Some of these students have faced rejections in the past and hope that they will be able to finally get their hands on the visa. «I have deferred my admission twice since last year as my visa got rejected a couple of times. In my desperation, I even went to Vietnam for a visa interview, but even there my visa was rejected,» said Rakesh P, who is now set to travel to New York on August 14 to TOI. He attended a visa interview in New Delhi recently and has been approved to study in the US, on his third attempt. Another candidate, Vijay M, said: «I have been appearing for interviews since June last year. I deferred my admission five times. Finally, my visa has been approved now and I will be travelling next week.» Vijay too appeared for his last interview from Chennai. US student visas grew by the largest annual margin seen in over a decade, in line to becoming the highest single-year total of F-1 visas since 2016.