Canada Financial News

OceanGate – the company owned the Titan submersible that imploded during a dive to the titanic wreckage, killing all the five people on board including the firm’s CEO Stockton Rush – Thursday said it has suspended its exploration and commercial operations, reported CNN. The submersible was reported missing on June 18 and the US Coast Guard and Canadian authorities on June 22 declared that the vessel had suffered a “catastrophic implosion" killing all the five—CEO Stockton Rush, British businessman Hamish Harding; French diver Paul-Henri Nargeolet; Pakistani billionaire Shahzada Dawood; and Dawood’s 19-year-old son, Suleman Dawood —onboard, ending the rescue operation that had captured the world’s attention for days.

Soaring daily temperatures, wildfires in Canada, inexplicably hot ocean currents—our worries around climate change have intensified. There is another fear out there this year, though mixed with frenzied excitement: the worry of whether we have created a Frankenstein’s monster in the quest for artificial intelligence (AI). My fears, however, are not as much about an AI agent becoming more intelligent than us, as two things more fundamental and immediate.

India said on Thursday in a message to countries such as Canada, Australia, the US and the UK where pro-Khalistan groups issued posters with threats against senior Indian diplomats. The safety of the diplomats and security of the Indian missions are of utmost priority to the government and New Delhi has taken it up with countries concerned, Arindam Bagchi, the spokesperson in the Ministry of External Affairs (MEA), said.

A group of Canadian and French companies will build a $80 million plant in Quebec to turn forestry waste into biochar, a black substance which can store carbon for hundreds of years and improve soil quality at the same time.

A Big Six bank economist is calling on central bankers to stop hiking interest rates, labelling the last increase and any others to come as “unnecessary at best” because policymakers are misreading the tea leaves on consumer spending.

A troubled water utility company in the United Kingdom that counts two of Canada’s biggest public pensions as large shareholders is facing regulatory scrutiny and fines for sewage leaks and could require a financial bailout.

The average price of ahome sold in the Greater Toronto Area slipped in June from the month prior, but remained above last year’s levels, according to monthly figures released by the Toronto Regional Real Estate Board (TRREB).

NDP Leader Jagmeet Singh says Canada needs an excess profits tax to help reduce inflation. His argument seems to be that if you let grocery chains and others know they won’t profit from raising prices unfairly, they won’t raise prices unfairly. I don’t know. It doesn’t sound like typical corporate-robber-baron behaviour to me. Why won’t they start raising prices on the grounds their taxes are higher?

Currently, Grey's Anatomy is only available for streaming on Netflix in two regions: the United States and Canada. Fans eagerly await the arrival of the new season on the streaming platform, but the release date remains uncertain. Historically, Grey's Anatomy has adhered to a strict schedule on ABC, with new seasons premiering in June and subsequently becoming available on Netflix. However, due to the ongoing writer's strike, which began on May 1, 2023, the show is absent from the ABC Fall 2023 schedule. Consequently, the release date for the new season on Netflix is continuously being pushed back. It is now anticipated that the show will make its return in late 2024, although this projection is subject to change. Regarding the show's future on Netflix, the streaming platform currently holds the rights to Grey's Anatomy for its lifetime plus an additional three years. With the 2024 season on the horizon, Netflix will maintain exclusive streaming rights until 2027. If the show is renewed for a 21st season, this timeline will be extended once again. While there is a possibility that Disney, the parent company of ABC, could negotiate with Netflix to bring Grey's Anatomy exclusively to its own streaming platform, no such agreement has been reached thus far. Given Disney's current focus on cost-cutting, it appears unlikely that they will pursue this option at the moment. Additionally, Grey's Anatomy creator Shonda Rhimes has an ongoing partnership with Netflix, working on various projects, such as the expansion of Bridgerton, The Residence, Sunshine Scouts and The Warmth of Other Suns.

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Meta CEO Mark Zuckerberg is set to square off with rival billionaire and Twitter owner Elon Musk, but not necessarily in a supposed cage match the two tech titans have been teasing about as of late.

Anime Expo 2023, a big lineup of anime on its side including Goblin Slayer Season 2, The Kingdom of Ruin, The Lord of Rust Mountain, and many more. Crunchyroll also released a new trailer for A- Pictures Solo Leaving and A Returner's Magic Should Be Special at the Anime Expo. A collaboration between My Hero Academia, TOHO animation, Crunchyroll, the NBA, NBALAB, and Hyperfly is also releasing a line of streetwear clothing.

Meta Platforms released Threads, a platform similar to Twitter. Users' reactions to Threads have been mixed. Nonetheless, one bullish analyst has shown even more faith in the company's stock.

Also read: Canada: Khalistani group Sikhs for Justice threatens to 'Besiege' Indian missions on Independence Day Reports initially claimed that Pannun, who has been declared a terrorist by India, died in a road accident in the US while driving on Highway-101 in America. Twitter users shared news of his death, with the convenor of Mumbai’s BJP IT Cell @PallaviCT posting ‘unconfirmed reports’ on Pannun’s demise in a car accident.

India in London are «completely unacceptable» amid anti-India attacks by Khalistani extremists emerging on social media channels. UK Foreign Secretary James Cleverly took to Twitter to declare that the safety of the staff at India's diplomatic mission in the country is paramount. His intervention follows threats and attacks targeted at Indian diplomatic missions in the US, Australia and Canada and some threatening posters emerging online with images of Indian High Commissioner to the UK Vikram Doraiswami and Dr Shashank Vikram, the Consul General of India in Birmingham.

Indian diplomats have also surfaced in Canada, allegedly circulated by Sikh extremists. These posters specifically mention Indian High Commissioner to Canada Sanjay Kumar Verma and Apoorva Srivastava, the Consulate General of India in Toronto.

climate change, primarily driven by the burning of fossil fuels. They also noted that the natural cooling phenomenon known as La Nina is transitioning to El Nino, which is characterized by warming oceans. The North Atlantic has experienced record warmth this year.

More people are aware of adult ADHD, often thanks to videos and posts about it that they see on TikTok and Instagram. Doctors say that’s helped more people get treatment, but not everyone who feels distracted has ADHD. At St.

By David Lawder

Meta's decision to block access to news content on their social platforms as part of a temporary test. Heritage Minister Pablo Rodriguez announced Prime Minister Justin Trudeau's government's decision at a news conference.