Canada Financial News

Canada Post workers remain on the picket line, a key point of contention in their demands is their job’s growing physical and mental toll — and they say that’s exacerbated by climate change.From delivering parcels through scorching heatwaves to battling blizzards, Canadian postal workers increasingly face extreme weather conditions that strain their bodies and minds.“In recent years, climate change has shown a bit of a trend,” said Brahm Enslin, local president at CUPW Saskatoon Local 824.“There was an ice storm and we had a rash of injuries,” Enslin added, referring to the storm last year in Saskatoon. “Members that broke their hip just by going out there.”Enslin, 41, has worked at Canada Post for 16 years and said the extreme weather brought on by climate change — whether it’s inhaling smoke from wildfires or delivering mail during storms — has added significant physical and mental pressure to their jobs.And that’s one of the reasons postal workers are demanding more support for these challenges in their new contract, he said.The strike has been ongoing since Nov.

Harmeet K Dhillon as assistant attorney general for civil rights at the US Department of Justice may be a headache for India, given her past position on Khalistan-related issues. Dhillon — the latest addition to the list of Indian-Americans in the incoming Republican administration — has been alleged in the past to espouse pro-Khalistan sentiment. She is accused by her critics of sympathising with the cause of Khalistan and helping Khalistanis based in the US. In 2023, reacting to a Wall Street Journal report, Dhillon had posted on X, «Update on India's death squad project, which has claimed the life of at least one Canadian Sikh activist, and which targeted another in the US. Will there be consequences? Prosecutors Charge Indian Man With Trying to Kill Sikh Activists in US.»

Canadian Prime Minister Justin Trudeau says Americans are realizing that «tariffs on everything from Canada would make life a lot more expensive» and says he would retaliate if Donald Trump imposes them

The hardest movie ticket to get this weekend was for a film audiences have been able to watch at home for years: Christopher Nolan’s “Interstellar.”

Dune: Prophecy continues its prequel saga to the renowned Dune films. Episode 5 is set to release on December 15, 2024.

With the Bank of Canada gearing up for its final interest rate decision of 2024, experts warn the flagging Canadian dollar could well have further to fall if the central bank delivers the sizeable cut that markets expect.

Canada the «51st state» of the US. This time, Trump dubbed Justin Trudeau as «Governor», a post referring to the executive head of a US state. He made the remarks on Truth Social, a social media network he owns, over a week after he attended a dinner with Trudeau at his Mar-a-Lago estate in Florida. «It was a pleasure to have dinner the other night with Governor Justin Trudeau of the Great State of Canada. I look forward to seeing the Governor again soon so that we may continue our in-depth talks on Tariffs and Trade, the results of which will be truly spectacular for all,» said the Republican leader.

Finance Minister Chrystia Freeland announced Monday that she will deliver a fall economic statement on Dec. 16.

Taylor Swift’s Eras Tour brought in approximately $2.2 billion in its nearly two-year run, making it the highest-grossing tour of all time for a second year in a row

King Charles III has admitted that he feels «slightly anxious» when wearing the St Edward's Crown during formal occasions, expressing concern that the heavy crown might «wobble.» Speaking in the upcoming documentary Coronation Girls, the King described the crown as weighing over two kilograms, making it “much heavier and taller” than he anticipated, as reported by AFP. As reported by AFP, he said, «The big one that you're crowned with, the St Edward's Crown, it weighs five pounds (more than two kilogrammes). It is much heavier and taller, so there's always that feeling of feeling slightly anxious, in case it wobbles.» The documentary, which is set to air on Boxing Day in Canada, follows the journey of 12 Canadian women who sailed to London in 1953 to witness the coronation of Queen Elizabeth II. These women revisited Buckingham Palace in 2023, where they were unexpectedly greeted by King Charles.

Just a week ago it was a coin toss whether the Bank of Canada would cut 25 basis points or 50 off its benchmark interest rate on Wednesday.

Canadian Western Bank said it delayed the release of its fiscal fourth-quarter earnings Friday because it received a legal claim against a bank division that needed investigation.

While Canada Post and the Canadian Union of Postal Workers try to find their way back to the negotiating table, the impact of their standoff continues to ripple across the country. With the holidays fast approaching, the number of parcels that remain unprocessed continues to grow, leaving their anxious owners waiting for some sort of holiday miracle — preferably one that involves packages arriving before the big day.

The Trump Organization says it has leased its brand to two new real estate projects in Saudi Arabia just weeks before President-elect Donald Trump returns to the White House

Subscribe to enjoy similar stories. Many retailers came through relatively unscathed by Donald Trump’s tariffs imposed starting in 2018. This time around, though, tariffs have the potential to bite more.

Vancouver International Airport have issued strike notice that would allow them to walk off the job Tuesday morning.The International Longshore and Warehouse Union Local 502 workers are employed by SGS Canada. They’re responsible for transporting jet fuel from sea vessels to the Vancouver International Airport.In a statement posted to the union website, the notice says, “Any strike action may affect the delivery of jet fuel to YVR.”ILWU Canada president Rob Ashton told Global News that the union is frustrated that the employer hasn’t been communicating with them.“The biggest challenge that we have right now is getting the employer back to the table.

Donald Trump said he can’t guarantee that his promised tariffs on key U.S. foreign trade partners won’t raise prices for American consumers and he suggested once more that some political rivals and federal officials who pursued legal cases against him should be imprisoned.The president-elect, in a wide-ranging interview with NBC’s “Meet the Press” that aired Sunday, also touched on monetary policy, immigration, abortion and health care, and U.S.

Donald Trump’s election back into the office has begun with his loud announcements on heightened tariffs which has sparked concerns around the world. He recently targeted Mexico, Canada, and China, stating that if they fail to address the issue of illegal migration and drug smuggling into the US, he will impose a 25% tariff on all goods from Canada and Mexico; and “an additional 10% tariff, above any additional tariffs” on goods from China. While Trump has left India out of his initial tariff plans, he has made an announcement that if the BRICS (Brazil, Russia, India, China, and South Africa) countries create their own currency or back an existing currency to replace the United States dollar, the US will impose a 100% import tariff on these countries. As the world navigates through a realm of likely scenarios, when it comes to how the US exercises tariffs, there is China and then the rest of the world!

Political tumult in France and South Korea was joined by the fall of Syrian President Bashar al-Assad's regime, which complicated an already fraught situation in the Middle East.

Central banks on four continents will make a final flurry of changes to borrowing costs in the coming week, before Donald Trump's return to the White House raises the prospect of global trade turmoil. By the time policymakers from Australia, Canada, Brazil and the euro zone convene for their first scheduled meetings of 2025, the US president-elect will have taken office, and a potential wave of tariffs could be closer to reality. The impending change in America will help cement a particularly unsynchronized phase in monetary policy, as various economies contend with different inflation risks.