Canada Financial News

Satellite companies such as Jeff Bezos-led Amazon, Bharti Group-backed OneWeb, Elon Musk’s Starlink, Canada’s Telesat and US-based Hughes want allotment via the administrative route as is the global practice. But Mukesh Ambani-owned Reliance Jio and Vodafone Idea say airwaves should be auctioned to ensure a competitive landscape.

SYDNEY (Reuters) -The United States commissioned a warship in Sydney, Australia, on Saturday, the first time a U.S. Navy vessel joined active service at a foreign port, as the two close allies step up their military ties in response to China's expanding regional reach.

By Matt McKnight

Halifax drivers were experiencing frightening conditions Friday as heavy rain from thunderstorms resulted in the flooding of busy roads and highways throughout the municipality.

The White House announced on July 21, that prominent artificial intelligence (AI) companies, such as OpenAI, Google and Microsoft, have made commitments to create AI technology that is safe, secure and transparent. Additionally, the White House acknowledged other companies like Amazon, Anthropic, Meta and Inflection for also committing to AI safety.

«Barbie» showcases the iconic Mattel doll's pink-themed universe, while «Oppenheimer» delves into the story of the architect behind the atomic bomb. Despite their distinct themes, the two films have become intertwined in a conjoined hype cycle, resulting in a surge in ticket sales. AMC Entertainment reported that over 40,000 people purchased tickets for a double feature of both films, amounting to five hours of movie viewing. Although the films are expected to perform well, «Barbie» is projected to outshine «Oppenheimer» at the box office. Analysts predict that «Barbie» has the potential to rake in an impressive $158 million in the United States and Canada through the opening weekend. On the other hand, «Oppenheimer» is estimated to bring in approximately half of that amount, around $50 million in domestic sales. Warner Bros., the studio behind «Barbie,» cautiously tempered expectations, suggesting a more conservative estimate of around $75 million.

The helicopter pilot who lost his life while battling wildfires in northern Alberta is being remembered as an incredible father to his sons and a fiercely loyal family member, colleague and friend.

This regular exercise is carried out by Netflix regularly and taken up to keep the interest of the viewers on the streaming platform alive in all regions of the world. It is also carried out to fulfill the legal obligations of the streamer. Now, it is time to see the list of new titles of movies, TV shows and documentaries, which are about to get added to the streamer in the upcoming week starting from July 21, 2023 in Canada.

Royal Canadian Mounted Police, has been charged in connection with alleged foreign interference activities “to benefit” China following a two-year investigation, the national police force says.The 60-year-old from Hong Kong appeared in a Quebec court virtually on Friday to face charges laid under the Security of Information Act.He is charged with one count of preparatory acts for the benefit of a foreign entity, and one count of conspiracy.“According to the investigation, Mr.

By Steve Scherer

Rio Tinto will make a billion-dollar push into the metal recycling industry as the mining giant seeks to put decarbonisation at the heart of its strategy.

The Bank of Canada‘s latest interest rate hike — the 10th increase to its key overnight rate since 2022 — is adding even more pressure on Canadians already struggling to keep up with the cost of living.

Of course, the inflation-phobes will never be silenced and are saying that inflation is being skewed down by gasoline, that the process is about to stop and that the depressed year-ago base effects will reverse course (true, but only for the next three months).

Canadian consumers may be ready to wind down their spending, with retail sales data showing waning momentum at the end of the second quarter.

Canada’s largest pension fund will seed more startup hedge funds this year as it broadens a program that aims to diversify its investments.

It’s important to file your tax return on time, whether you’re an individual taxpayer or filing on behalf of your corporation. Failure to file your return on time can lead to late-filing penalties and arrears interest, charged at the prescribed rate for underpaid taxes, which is currently at nine per cent per annum, compounded-daily — and is not tax deductible.

OTTAWA — Canada must build more electricity generation in the next 25 years than it has over the last century in order to support a net-zero emissions economy by 2050, according to a new report from the Public Policy Forum.

Statistics Canada says retail sales rose 0.2 per cent to $66.0 billion in May, helped by gains at new car dealers and grocery stores.

Poland after contact was lost during training, Poland's Defence Ministry said Friday. The ministry said that no one was hurt and there was no damage from the incident on Thursday afternoon. Polish media reported that an eyewitness saw an object crashing in the woods near the village of Trzebien and notified the fire brigade.

Canada Immigration policy also offers study or work permits for applicant's family members. The Canadian government's decision to allow 10,000 H-1B visa holders in the US to come and work in the country is expected to benefit Indian professionals.

By Kate Abnett