Canada Financial News
02.08 / 15:31
COST
Citi
Target
Progressive
consequences
trudeau
Costs
Soaring housing costs could spell 'disastrous' political consequences for Trudeau
The soaring cost of Canada’s housing has become a major political problem for Prime Minister Justin Trudeau as his chief rival zeros in on generational grievances over affordability.
02.08 / 12:23
COST
Lowe's
Digital
country
Explainer
Mint Explainer: What do the free trade agreements mean for India?
free trade agreements (FTA) with nearly half a dozen countries. Mint explains what is fuelling these pacts and what they mean for India’s international trade. India is currently in talks with developed countries such as the UK, European Union, Canada and Australia for an FTA, an extensively used tool for economic integration.
02.08 / 11:27
dealmaking
Canaccord cuts about 75 jobs in Canada as dealmaking slows
Canaccord Genuity Group Inc. cut about 75 jobs in Canada, primarily in its capital markets division, amid a dearth of dealmaking activity.
02.08 / 11:27
show
What Canada is doing wrong in its world-leading immigration push
Canada’s population reached 40 million people earlier this year and it continues to grow.
02.08 / 11:27
UPS
FIVE
CEO
Metro
country
Hero
end
'They want the $2 back': Metro must reinstate pandemic hero pay to end strike, says union
The union representing 3,700 employees at Metro Inc. says the grocery chain needs to immediately reinstate the $2 hourly wage increase that grocery workers received during the pandemic if it wants to end a strike that has shut down 27 supermarkets in and around Toronto for four days.
02.08 / 11:15
UPS
Target
Citizens
VISA
country
Canada is raiding the US for tech worker immigrants. Can you really blame them?
immigration system, millions of workers face insurmountable hurdles to gaining permanent residence. It was always a risk that other governments would take the opportunity to lure skilled workers away from the US. Now it’s happening, thanks to a somewhat unlikely rival: Canada.
02.08 / 10:29
coinbase
Curve Finance
Bitcoin
Low
week
Crypto stocks dip after bitcoin slumps to six-week low
bitcoin hit a six-week low following a hack at Curve Finance, a platform where users can borrow and trade in crypto. Bitcoin, the world's biggest cryptocurrency, fell about 2% to $28,870.
02.08 / 08:17
UPS
Man
CEO
Racing
Fighting
Everest
Inside
Inside the race to lead EY after bungled break-up plan
EY boss Carmine Di Sibio’s right-hand man has emerged as a frontrunner to take over as global head of the big four firm in a leadership race triggered by the collapse of its attempted break-up this year.
02.08 / 07:59
Oil and Gas
Oil
Deal
Strathcona Resources to go public through $8.6B deal to buy Pipestone Energy
Strathcona Resources Ltd. announced Tuesday it will go public through a deal to purchase oil and gas exploration company Pipestone Energy Corp. as part of a longer-term expansion push.
02.08 / 04:43
UPS
Southern
country
Premium
India should exclude premium rice variety from export ban -trade body
non-basmati rice variety favoured by overseas Indians, which are struggling to secure staple after New Delhi banned the exports, a leading trade body requested the government. The world's biggest exporter of rice surprised buyers last month by imposing a ban on exports of non-basmati white rice after retail rice prices climbed 3% in a month after late but heavy monsoon rains caused significant damage to crops.
02.08 / 01:07
Cooper
country
Support
Bahamas to join Kenya in security force in Haiti as support grows
United Nations Security Council," the ministry said in a statement. The Bahamas' statement echoed comments from Kenyan Foreign Minister Alfred Mutua, who described the security intervention as an opportunity to stand "with persons of African descent across the world." It added the Bahamas looks "forward to cooperating with hemispheric partners including the United States and Canada." US Secretary of State Antony Blinken on Tuesday commended Kenya for "considering to serve as the lead nation" for the multinational force and expressed support for its authorization from a UN Security Council Resolution.
01.08 / 23:04
CEO
Strategy
Overstockcom
Time
Bed Bath & Beyond is back, this time as an online retailer
Overstock has officially relaunched the Bed & Bath & Beyond site online Tuesday in the U.S., after acquiring the bankrupt retail chain’s intellectual property assets for $21.5 million
01.08 / 23:03
Manufacturing
Action
Highways
Chevrolet
show
cover
GM recalls nearly 900 vehicles with Takata air bag inflators, blames manufacturing problem
General Motors is recalling nearly 900 vehicles in the U.S. and Canada with Takata air bag inflators that could explode and hurl shrapnel in a crash
01.08 / 20:07
CEO
Platform
show
rebrand
private wealth
Another summer rebrand: CI Private Wealth is now Corient
The summer of wealth management name changes rolls on as CI Private Wealth, one of the fastest-growing registered investment advisors ever to compete in the financial advice industry, Tuesday morning said it was rebranding as Corient, a combination, according to the company, of the phrase “client oriented.”
01.08 / 17:59
stocks
stock market
Money
TSX
Toronto Stock Exchange
tsx s&p
S&P/TSX composite falling, U.S. stocks also in decline
Canada’s main stock index fell in late-morning trading as U.S. markets were also in decline.
01.08 / 17:59
Business News
Canada News
Molson Coors sales surge as market shift from Bud Light expected to be ‘very profitable’
Molson Coors Beverage on Tuesday raised its annual sales and profit forecasts, boosted by strong demand for its core brands Miller Lite and Coors Light.
01.08 / 17:59
SVB
Silicon Valley Bank
National
National Bank buying SVB’s Canadian commercial loan portfolio
National Bank of Canada says it will acquire the Canadian branch of Silicon Valley Bank’s commercial loan portfolio.
01.08 / 16:43
01.08 / 16:41
UPS
Action
country
star
FIFA Women’s World Cup 2023: Australia to clash with Denmark in round of 16 match. See details
Denmark in their first official knockout game of the FIFA Women's World Cup 2023 round of 16. It was practically obvious that Australia would face Denmark in this vital round of the competition after England's commanding victory over China in Adelaide.
01.08 / 16:41
UPS
Citi
Provident
Aware
Remark
Discover
US Woman conceived via sperm donation finds out she has 65 siblings; This is her story
USA TODAY, Brenna Siperko, a 20-year-old from Ellicott City, Maryland, shared her remarkable journey of discovering her half-siblings conceived through sperm donation. Growing up in a single-child household until her mom and stepdad welcomed her younger brother, Brenna had always been aware of her unique conception. However, it wasn't until January 2022 that she decided to delve deeper into her background by taking a DNA test. Her suspicions were confirmed when the test results from 23andMe revealed that she had around 13 siblings. Surprisingly, this number increased exponentially when she joined group chats, eventually connecting her to a total of 65 half-siblings she had never known before. Some of these newfound siblings have even become part of her life, as she had the opportunity to meet them in person. The journey of discovery continues, opening up new connections and relationships that she never anticipated.
01.08 / 16:01
Citi
MET
Fox
Time
Arsenal
Arsenal vs AS Monaco Live streaming: Date, kick off time, where to watch soccer game in US, UK
With the Community Shield against Manchester City scheduled for the upcoming weekend, Mikel Arteta, Arsenal's manager, will be eager for his team to secure a victory in this match and head to Wembley with confidence.
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