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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