Canada Financial News

17.11 / 14:11
Citi Target Digital Platform Parke wellness stage Macrotech to scale digital infrastructure biz on its own, gives investors exit
Subscribe to enjoy similar stories. Macrotech Developers Ltd, which operates under the Lodha brand name, plans to build and scale its digital infrastructure business on its own, after recently buying out existing investors' stakes, said a top company executive. In the last two months, the Mumbai-based developer purchased the entire stake held by private equity firm Bain Capital in three of the company's digital infrastructure subsidiaries -- Bellissimo Digital Infrastructure Development Management Pvt.
17.11 / 03:43
UPS Provident Manufacturing economy community Experts Canada Post strike: What’s at stake for the Canadian economy?
The Canada Post strike is set to have the sharpest impact on small businesses and customers of the postal service, particularly those living in remote and rural communities, according to experts who spoke to Global News.
17.11 / 00:21
markets Digital security Strategy awards students Destinations Indian students turn a page amid Canada cold shoulder
Worsening bilateral diplomatic relations, a burgeoning housing crisis and a tight job market might dull Canada’s allure further, said multiple experts assisting Indian students with higher studies abroad. Canada’s decision to pause fast-track visas has left Indian students facing extended wait times and increased uncertainty, they said.
17.11 / 00:19
Waters BAY Food President Fishing outbreak Courts An environmental group files intent to sue a salmon farmer for pollution off Maine's coast
An environmental organization has served a notice of intent to sue one of the world’s largest aquaculture companies for violations of the Clean Water Act in Maine
16.11 / 13:07
COST President War prevention peace G7 says Russia sole obstacle to just peace in Ukraine
Russia is solely responsible for preventing a fair settlement to end the war in Ukraine, the G7 said on Saturday, in a statement marking 1,000 days of the Russian invasion. «Russia remains the sole obstacle to just and lasting peace,» the Group of Seven industrialised nations, of which Italy holds the rotating presidency, said in a statement. The G7, which also comprises Britain, Canada, France, Germany, Japan and the United States, confirmed «its commitment to imposing severe costs on Russia through sanctions, export controls and other effective measures».
16.11 / 03:35
Montreal port operations to resume Saturday after government orders end to lockout
Management at the Port of Montreal says operations are set to resume Saturday after being disrupted by a labour dispute.
15.11 / 21:11
markets Digital Platform Universities PAM audience International Dune: Prophecy: Check out release date, time, episode schedule, plot, cast and where to watch
Dune: Prophecy delves into the early history of the Dune universe. This prequel explores events leading to the formation of the Bene Gesserit.
15.11 / 20:19
UPS security Align Nov prevention rights Canada Post strike explained: What you need to know about your mail
Canada Post workers officially went on strike Friday after failing to reach an agreement with the Crown corporation.
15.11 / 18:55
Cooper economy Election President country inclusion gatherings APEC leaders kick off Lima summit as Trump prepares to return to office
Leaders of Pacific Rim countries including the U.S. and China have gathered in Peru for an Asia-Pacific Economic Cooperation meeting, the first major global summit since U.S. President-elect Donald Trump’s election victory
15.11 / 16:05
markets COST Citi Food poverty reports Hunger stalks Canada: A record number of people seek free food
Daily Bread Food Bank and North York Harvest Food Bank. In the last year, there were 3.49 million client visits to Toronto food banks – nearly 1 million more visits than the year prior and a 273% increase since pre-pandemic, says a release by Daily Bread Food Bank. «From April 1, 2023, to March 31, 2024, Toronto food banks served a record-breaking 3.49 million client visits—almost 1 million more than last year. This figure is higher than the City of Toronto’s entire population,» Who’s Hungry Report 2024 says. «More than 1 in 10 Torontonians now rely on food banks. This could be you, your neighbours, friends, colleagues, or the people sitting next to you in the subway car,» the report says.
15.11 / 14:51
Progressive Workers at Canada's national postal service go on strike Friday, disrupting deliveries
Workers at Canada’s national postal service are on strike after failing to reach a negotiated agreement with Canada Post
15.11 / 14:49
Action security Nov community love prevention rights Canada Post workers begin nationwide strike as talks fail
The union for Canada Post workers says their members are now on a “nationwide strike” as negotiations with the Crown corporation failed to reach an agreement by Friday.
15.11 / 11:59
COST Provident FIVE security Pool country Department How open banking could get you a better mortgage deal
When we think of mortgage competition, we often think of smaller lenders nipping at the big boys’ ankles like angry chihuahuas. That’s happening to a small degree, but there’s something else brewing below the surface that will have an even bigger impact on your future mortgage: open banking.
15.11 / 11:55
markets Citi Digital Strategy awards Experts PAM Seaplane lands for first time in Assam
seaplane landed at Pandu Ghat in Guwahati on Friday after a successful flight from the city airport, making it the first such plane to land in Assam. The addition of seaplanes to the state's transport network is expected to boost connectivity and tourism, Chief Minister Himanta Biswa Sarma said. «Earlier today, a sea plane successfully landed at Pandu Ghat on the banks of Brahmaputra, marking the first river landing in Eastern India, which will open new chapters of connectivity in a riverine state like Assam,» Sarma said in a post on X. «A dawn of new possibilities in the Tourism & Intercommunication of Assam. This morning, participated in an 'Amphibian Airplane' demonstration in Guwahati by M/s De Havilland Canada in collaboration with the Ministry of Civil Aviation,» State Tourism Minister Jayanta Malla Baruah, who took the flight, posted on the micro-blogging site.
15.11 / 11:51
UPS Waters ICE BAY Fishing show A closer look at HMCS Max Bernays, the Pacific fleet’s first Arctic patrol vessel
Arctic and Offshore Patrol Vessels (AOPV) to join the country’s Pacific fleet.HMCS Max Bernays was in Vancouver on Thursday and took media on a day sail to show off the new vessel’s capabilities.The 103-metre, ice-capable ship is the fourth of six planned Harry DeWolf-class AOPVs to join the Royal Canadian Navy under the National Shipbuilding Strategy.“The commander of our fleet in the Pacific has actually described us as a ‘pickup truck’ — we have a lot of capabilities, we can do a lot of things,” HMCS Max Bernays’ commanding officer Cmdr. Nadia Sheilds told Global News.The vessel can be deployed with multiple payloads, including shipping containers, underwater survey equipment and landing craft.
15.11 / 07:19
markets Twitter Platform Election Exodus Celebrity social What is Bluesky; Why is Twitter founder's rival app for Elon Musk's X crashing?
Elon Musk has been the biggest beneficiary of Donald Trump's win in United States' elections, however, his social media platform X is now witnessing an exodus with celebrities and news organisations moving to Twitter founder's Jack Dorsey app. Among the largest beneficiaries of that desire is Bluesky, a rival service that has gained more than 1 million new users in the week since the election, a company spokesperson, Emily Liu, said Tuesday. The majority of the new users live in the United States, Canada and Britain, she added. «We're seeing increased activity levels across all different forms of engagement,» she said in an email.
15.11 / 01:13
markets Provident Trade Cycling Updates diving Three-year fixed rates drop again, despite bond yields' continuing climb
The mortgage market nervously watched bond yields climb again this week. U.S. president-elect Donald Trump’s policies could potentially be like throwing gasoline on inflation‘s barbecue, and Wall Street’s getting sweaty.
14.11 / 15:23
markets UPS Compilation Pool rights Interviews Canada's public market has a pension problem: Desjardins
Canadian pensions are underinvested in the country’s public markets, starving domestic companies of capital and exposing them to foreign takeovers, says the head of capital markets at Desjardins Group.
14.11 / 15:23
markets Target Gap economy Election show Posthaste: Canada's record economic gap with the United States is about to get wider
Canada’s economy has been falling behind the United States — in fact, most major economies — for some time now, but the election of Donald Trump threatens to widen that record gap even further, say economists.
14.11 / 15:23
markets UPS Waves Target show performer innovations Microsoft, RBC bet on new approach to carbon cleanup
Microsoft Corp. and Royal Bank of Canada have agreed to buy carbon dioxide removal credits from Canada’s first commercial facility to suck carbon from the air.
14.11 / 11:35
COST economy community Bill show UK set to create new pension megafunds with aim of unlocking $100 billion for investment
British Treasury chief Rachel Reeves is set to announce plans later Thursday to merge dozens of pension funds with the aim of unlocking tens of billions of pounds for investment and boosting the U.K.’s sub-par economic growth

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