Canada Financial News

03.07 / 09:43

Provident Progressive AXY Platform Mobile Parke Indian Support Customer NRIs want customized product offerings, round-the-clock customer support by Indian banks: Survey

Non-Resident Indians (NRIs) play an instrumental role in bolstering India’s economy. With inward gross remittances, they are fueling the country’s investment scenario and fattening foreign exchange reserves. Being a progressive economy, India has established itself as a leader in inward remittances by becoming the first country to touch the $107.5-billion mark in 2022.

03.07 / 06:13

Strike negotiations ‘Our employers gorged themselves on record profits’: B.C. port workers’ union speaks on negotiations

strike continues Sunday morning, and talks have resumed after a 33-hour negotiation period failed to find a deal on Friday and Saturday.Late Sunday afternoon, the International Longshore and Warehouse Union (ILWU) Canada provided an update in a press conference.“I was in hopes that sometime (Sunday) or earlier we would be coming with a better announcement but we do not have one,” Rob Ashton said, ILWU Canada’s national president“When all Canadians were asked to stay home and stay safe — our people had to go to work 24 hours a day, seven days a week in unsafe conditions. Longshore workers stepped up in this historic time.“Our employers gorged themselves on record profits.

03.07 / 02:05

tornado extreme weather Calgary shock Families in shock, grateful after tornado rips down homes near Calgary

A tornado that ripped quickly through Alberta’s Mountain View County Saturday has left several communities in shock.Environment Canada issued a tornado warning in the early afternoon after meteorologists had been following a severe thunderstorm through south central Alberta that turned into a tornado. At times, the tornado spanned two kilometres and moved at speeds of 40 km/h.Terri Lang, meteorologist with Environment and Climate Change Canada said the tornado formed just before 2 p.m.

02.07 / 20:57

CRA inflation Budget Grocery prices Time What you need to know about the one-time grocery rebate coming July 5

Eligible Canadians are officially set to receive a one-time grocery rebate this Wednesday, July 5.

02.07 / 20:07

Reuters JPMorgan Platform Ft Barclays seeks to stop being corporate banker to Odey Asset Management - FT

(Reuters) -Barclays is looking to terminate its corporate banking relationship with Odey Asset Management (OAM), the Financial Times reported on Sunday, predominantly due to sexual assault allegations against founder Crispin Odey.

02.07 / 15:45

Wildfires Does wildfire smoke smell like burnt plastic to you? There’s a reason

If you think you’ve smelt burnt plastic coming from lingering wildfire smoke, you may not be alone. There actually is a scientific reason for such a smell.

02.07 / 11:31

FIVE Digital CEO Strategy Fashion accessory startup Zouk keen on more offline stores, charts out FY24 growth blueprint

Mumbai, lifestyle and fashion accessory startup Zouk is looking at a strong offline strategy of opening more brand outlets «very quickly» to compliment its online presence, and is also keen on making inroads into overseas markets of the US and Canada. The brand, founded by IIM Ahmedabad batchmates and husband-wife duo Disha Singh and Pradeep Krishnakumar, had raised $3 million in fresh capital earlier this year, in a funding round led by Stellaris Venture Partners and participation from Sharrp Ventures, JJ Family Office, Deutsche Bank India CEO Dilip Khandelwal, Manoj Meena of Atomberg and Vineeta Singh, Kaushik Mukherjee of Sugar Cosmetics.

02.07 / 10:11

UPS Provident Cooper Manufacturing Strategy Declining exports: Commerce ministry to meet exporters on Monday

commerce ministry has called a meeting of exporters on Monday to take stock of the situation, as the country's outbound shipments have been contracting for the last four months, an official said. Exporters are expected to flag issues like extending greater support to participate in global exhibitions and fairs; expediting negotiations to conclude free trade agreements with the UK, Canada, Israel and GCC (Gulf Cooperation Council); and allowing industry double weighted deduction on salary to professionals to retain talent in India.

02.07 / 05:27

Canada News Canada’s citizenship numbers are rising. How many passed the test?

On Canada Day, more than a thousand people will be pledging their oath to the country as new Canadian citizens.

02.07 / 05:07

COST UPS Digital Racing global economy Charting the global economy: China's economic woes pile up, US consumer spending loses steam

inflation cooled in the US and quickened in Europe, according to the latest readings, while central bankers in both regions signaled they’re prepared to raise interest rates further. In China, where the economy was expected to stage a huge rebound this year, the problems just keep piling up. On top of weak consumer spending and a housing slump, holiday tourism moderated last month and industrial profits are still plunging. Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy:

02.07 / 03:49

Environment Climate change PUMP Clean Fuel Regulations kick in across country. Will Canadians pay more at the pump?

The federal government’s Clean Fuel Regulations kicked in Saturday, meaning some Canadians may pay more for gas at the pump, experts warned.

01.07 / 21:07

More than 7,000 B.C. port workers now on strike

As of 9 a.m. Saturday, more than 7,000 B.C.’s port workers are on strike.

01.07 / 15:31

COST Citi Citizens Microsoft PINK Why today's NRIs reflect old-fashioned India more than urban resident Indians

NRI population has gotten so large, that sometimes it feels larger than the population of India itself. Land in any major city in the world, and all you'll see are Indian faces. Sometimes you can hear more Hindi on the streets of London, New York, Dubai and San Francisco than English.

01.07 / 12:45

Lowe's VISA Software Post pandemic, golden period for skilled professionals moving overseas

Canada, Germany, Australia, and many more have been facing an acute shortage of labour due to an ageing population and a low birth rate. Looking beyond borders, these countries are streamlining their immigration systems at the federal, state and regional levels to attract the best talents from fields like IT, healthcare, STEM, education, etc.

01.07 / 12:45

UPS Citizens VISA Dreams Chase Immigration: Where in the world are Indians headed?

Now, with top economies seeking semi-skilled and skilled professionals to plug labour shortages, offering them extensive benefits and upgrading their standard of living, people's desire to migrate has reached an all-time high. Going by the numbers, Indians continue to chase the American dream with 7,88,284 of them relinquishing their citizenship in 2021, according to a Ministry of External Affairs data.

01.07 / 08:15

Provident Target Citizens VISA Progressive Dreams Golden Visa US Golden Visa Process Explained: Best way to get Green Card to settle in America

‘Living in America,’ a 1985 song performed by James Brown, captures Americans’ pride in the country’s progress and prosperity at the time. Working and living in the United States has long been a dream cherished by several global citizens. And, Indians too are not behind in making the US their home. Although, there are many ways to get US citizenship, getting an EB-5 Visa is considered to be the fastest route to settle in America.

01.07 / 07:15

UPS Williams Progressive Extreme Parke Immunic Climate change keeps making wildfires and smoke worse. Scientists call it the 'new abnormal'

Kuchlbauer in North Carolina and Ryan Bomba in Chicago. It was smoke from wildfires, the odor of an increasingly hot and occasionally on-fire world. Kuchlbauer had flashbacks to the surprise of soot coating her car three years ago when she was a recent college graduate in San Diego.

01.07 / 06:41

Provident ETF NASDAQ SEC coinbase BlackRock Bitcoin Reading the tea leaves: Why BlackRock ETF will overcome SEC hurdles

Bitcoin exchange-traded fund (ETF) by the U.S. Securities and Exchange Commission (SEC) has been widely debated and speculated. Despite past rejections, experts such as Elliot Johnson, COO and CIO of Evolve ETF and a pioneer of Bitcoin ETFs in Canada, believe that the BlackRock ETF stands a higher chance of receiving approval from the SEC.

01.07 / 05:39

Updates Canada updates travel advice for France amid anti-police protests

Canada is urging travellers to exercise a “high degree of caution” when travelling to France as protests have broken out across French cities in response to the fatal shooting of a 17-year-old by police.

01.07 / 04:33

CRA CRA says 20 employees fired for claiming COVID-19 benefits while working

The Canada Revenue Agency (CRA) says 20 employees have been terminated after an internal review found they claimed COVID-19 benefits while still working at the tax authority.

30.06 / 17:55

Citi Mobile Parke Soccer: England to take on Portugal in friendly before FIFA Women’s Word Cup

Australia and New Zealand for FIFA Women’s World Cup, England will host Portugal Saturday for a friendly match. After reaching Australia, the Lionesses will take on Canada in another friendly match before the kick-off of the tournament. Sarina Weigman’s team will its first match against Haiti in Brisbane on July 22.

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