Canada Financial News

Nate Anderson, 'activist' short-seller who has announced shutting down of his almost eight years old research firm Hindenburg, is under cloud for alleged links with hedge funds in preparing reports targeting companies, a Canadian portal said citing documents filed before a court in Ontario. In a cache of documents filed at the Ontario Superior Court of Justice in a complex defamation lawsuit, the head of Canada's Anson hedge fund, Moez Kassam said his firm has shared research «with a wide variety of sources» including Hindenburg's Nate Anderson.

Subscribe to enjoy similar stories. As Donald Trump prepares to be sworn in as US president on 20 January, an issue uppermost on the minds of policymakers around the world is how to respond to his policies. What will his declared unilateralism do to world trade? If he carries out his tariff threats—particularly vis-a-vis America’s largest trade partners Mexico, Canada and China—will we be back to the doomsday scenario of the 1930s, when world trade shrank due to tariff wars between countries ? What happens to countries like India that see world trade as a key factor in their pursuit of high economic growth—of 7% or more? These are all legitimate questions.

IIT Baba, formerly known as Abhay Singh, a distinguished IIT Mumbai alumnus, has issued a heartfelt plea for his son to return home. Abhay, now a saint gaining attention at the Maha Kumbh Mela in Prayagraj, left his family to embrace spirituality, and his father, Karan Grewal, acknowledges the challenges of his possible return.

A Dartmouth, N.S., parent says she’s alarmed and upset after her 12-year-old son had to be rushed to hospital because he consumed cannabis edibles at his junior high school.Ashley Ryder says not only did the school not call 911, they sent him home on the school bus as normal.“This could have been a fatal outcome, I am very very thankful it was not. However, they were negligent with my son,” she said.Ryder says the ordeal began Tuesday, when she received a voicemail from Caledonia Junior High School.

meteorite strike. A home security camera on Prince Edward Island, Canada, may have captured the first-ever footage and sound of meteorite fragments hitting the Earth, according to NPR. The event occurred in July 2024, when Joe Velaidum and his partner, Laura Kelly, discovered their walkway littered with stones. They discovered their walkway covered in debris after hearing a loud noise.

Gladiator II. The sequel to Ridley Scott’s Academy Award-winning Gladiator will be available in the U.S. and Canada on January 21.

The Bank of Montreal has become the first Canadian bank to withdraw from the Net-Zero Banking Alliance, which aims to align lending, investment and capital markets activity with net-zero greenhouse gas emissions by 2050.

Murder in a Small Town for a second season. The mystery drama, originally aired on the Global Television Network in Canada, premiered on Fox in September 2024.

TikTok in the United States is days away from shutting down after the U.S. Supreme Court on Friday allowed the federal law forcing a nationwide ban to take effect.However, there remain questions over whether it could still be reversed.The uncertainty over the app’s future may have ripple effects in Canada, experts say, although Ottawa says what happens in the U.S.

Remember the “new normal” after the great financial crisis? One analyst thinks it’s over and we’re heading back to the “old normal,” which ultimately means a world with more volatility and higher interest rates and a lower Canadian dollar, but with some silver linings, suggests Karl Schamotta, chief market strategist at Corpay Inc.

Toronto-Dominion Bank is speeding up the appointment of its new chief executive and has made sweeping changes to its board, just a few months after regulators in the United States levied sanctions against the lender for failing to monitor money laundering activities at its branches.

Retaliation against United States tariffs could hold the key to Bank of Canada‘s moves on interest rates, says a prominent economist.

The United States Supreme Court upheld a law banning TikTok on Friday, meaning the short video platform has until Sunday to shutter its U.S. operations or find a buyer. The law calling for the closure or sale of the Chinese-controlled social media app — which has more than one billion monthly active users worldwide, including 170 million in the U.S. and 14 million in Canada — was passed in April. Last week, the U.S. Supreme Court began hearing arguments from the company’s legal team, which was hoping to overturn the ban. Prior to Friday’s ruling, TikTok had insisted it is unwilling to sell and will shut down in the U.S. The Financial Post’s Yvonne Lau explains the ban and what it will mean for the millions who use the platform, both in the U.S. and in Canada.

foreign interference inquiry on Thursday describe widespread threats and harassment of Canadian Sikhs by the government of India, much of it coordinated by diplomatic missions.Witnesses told the Hogue Commission behind closed doors India had threatened their families, spied on temples and meddled in Canada’s elections, according to the newly unsealed documents.India “interferes in Canada because there is no reason not to,” one witness told the commission, adding that “the Canadian government has been largely impotent in the face of interference.”“There have been no consequences.”The documents summarize hundreds of written submissions received from Canadians during public consultations and meetings with more than 100 members of diaspora communities.They included Chinese, Iranian and Ukrainian participants, but the statements of Sikh Canadians are particularly noteworthy, providing a community-level view of the alleged tactics of the Indian government.Indian foreign interference has seen “an acceleration” since Prime Minister Narendra Modi came to power in 2014, with high-ranking officials vowing that “dissidents in other countries would be eliminated,” one witness said.Canada has labeled India the second most serious foreign interference threat to the country, behind only China.

If given the opportunity, 43 per cent of young Canadians would vote to be American, with a few guarantees.

As the 2025 tax season approaches, the Canada Revenue Agency has refreshed its website to make it easier for Canadians to sign in to their online accounts.

Former Bank of Canada governor Mark Carney’s decision to throw his hat in the ring in the race to become leader of the federal Liberal party has led to a shakeup at the top of Brookfield Asset Management.

The Bank of Canada expects to end quantitative tightening during the first half of this year and will return to more normal levels of asset purchasing.

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Outlander prequel series, Blood of My Blood. This announcement comes with the release of a teaser trailer.