Canada Financial News

Justin Trudeau’s plan to drastically slash immigration targets, but the move has done little to boost his waning popularity, a new poll suggests. Despite three in four respondents agreeing with the immigration reduction, just over half said it has no impact on their impressions of Trudeau, according to a survey by Nanos Research Group for Bloomberg News. Some 17% stated it negatively affected their opinion of the prime minister, while 28% reported a positive impact. Trudeau’s government last month slashed the number of annual permanent-resident admissions by more than 20%, the first cut to a key immigration group in more than a decade. Combined with a plan to shrink the population of foreign students and temporary workers, the policy is a sharp reversal aimed at restoring confidence in the country’s immigration system as well as Trudeau’s Liberal Party.

Subscribe to enjoy similar stories. As festivities bring families and friends together, dinner table conversations more often than not turn to children and their future. This time it was around higher education, a topic that is particularly resonant for me as a parent of a 13-year-old son.

Marc Miller on Wednesday said “the age of unlimited supply of cheap foreign labour is over,” and that employers may need to offer higher wages to attract more Canadian workers.Speaking to reporters after addressing the Greater Vancouver Board of Trade, Miller also suggested the federal government may be looking at boosting enforcement resources to crack down on irregular migrants who don’t leave Canada, and addressed the need for mutual enforcement of the Safe Third Country Agreement with the U.S.Miller said it’s important to address what is sometimes a “very disproportionate relationship between employers and employees” when it comes to low-cost temporary foreign workers.“There are exploitative relationships that exist, and we need to crack down on them.

Hundreds of thousands of Swifties are expected to descend on the streets of Toronto over the next two weeks as the city plays host to Taylor Swift.The global pop star is bring her ‘Eras Tour’ to the Roger Centre over the next two Thursdays, Fridays and Saturdays for a number of shows.Tickets for the now sold-out shows initially went on sale back in 2023, and while an unknown quantity were released by Ticketmaster last week, your chances for buying them on there have likely passed.Instead, those who are interested are left with few options including buying tickets on secondary resale sites such as Stubhub or Seatgeek or trying their luck in other options such as contests or raffles.On Stubhub, the lowest one can find a ticket on Thursday night is for $2,678 but that will simply get you onto the Corona Rooftop Patio, which features standing room only with an obstructed view.If you wish to have a seat in the stadium with an unobstructed view it will set you back $2,830.From there, prices rise pretty quickly all the way up into the tens of thousands of dollars, with the high offering being for a VIP hotel package with four tickets for $24,173.For those crying foul at the prices, the company also lists recently-sold tickets with purchasers having paid more than $5,000 for a seat to Thursday night’s show.If you really want to get close to the stage, you can head over to Seatgeek where someone is looking to collect $32,978 for a floor seat for Saturday night’s show.A spokesperson for Stubhub told Global News in an email that there are “buyers from 47 countries (excluding the U.S.

Stalled home values, rising incomes and falling mortgage rates continue to deliver improvements in housing affordability in Canada, according to a report released Wednesday.

The union representing Montreal dockworkers plans to challenge in court a decision by the federal labour minister to end a lockout at the port by sending the dispute to binding arbitration.

Donald Trump’s second administration is filling up with some of his most loyal supporters and many of the people landing top jobs have been critical of Prime Minister Justin Trudeau and security at Canada’s border.

By Dylan Smith

B.C. provincial health officer Dr.

arrested by the RCMP, according to documents obtained by Global News.The boys, both minors, were arrested in December and February over what police called a terrorist plot against the Ottawa Jewish community.Specifics of their plan were not disclosed at that time, but newly-released allegations filed in court detail their suspected target.“They are alleged to have formed a plan last fall to violently attack Jewish persons in Ottawa, possibly through the detonation of an explosive device at a pro-Israel rally,” the Department of Justice wrote.No further details were provided, but one of the accused is charged with possession of acetone, oxidizer and metal ball bearings.All are common components of homemade bombs.The plot was allegedly linked to ISIS, also known as DAESH, and was “possibly accelerated” by the Hamas attack on Israel, according to the government’s Integrated Terrorism Assessment Centre.“Although radicalization of these individuals reportedly began prior to the October 2023 Hamas attack, at least one of the individuals was reportedly in contact with DAESH overseas and the arrests occurred during a period of DAESH calls to violence in response to the conflict.”The claim that a pro-Israel rally was the target surfaced in an application by federal lawyers to withhold sensitive national security information from the youths’ trials.The case comes amid a spike in antisemitic attacks in Canada, including shootings on Jewish schools.ISIS-related cases have also surged since last year, most recently the arrest in Quebec of a Pakistani foreign student accused of planning a mass shooting at a Brooklyn, N.Y., Jewish centre.The Centre for Israel and Jewish Affairs said it was unaware a pro-Israel rally may have been the

Peel Regional Police issued a statement on Tuesday clarifying that they have not received any direct threats against places of worship in the Region of Peel, amid rising tensions and concerns across the country. The police department's reassurance comes amid heightened tensions, prompting an increased police presence around places of worship. «Peel Regional Police is aware of community concerns, particularly at places of worship, regarding demonstrations and perceived threats. Peel Regional Police wish to clarify that we have not received any direct threats against any place of worship in the Region of Peel,» the Peel Regional Police said in their statment.

Canada Post workers might soon be putting down their mailbags and grabbing picket signs. The employees of the Crown corporation, represented by the Canadian Union of Postal Workers (CUPW), have been in contract talks since November 2023 — but a deal still appears to be out of reach. This week, CUPW issued a 72-hour strike notice, putting Canadians on edge just as the holiday mailing rush kicks in, and leaving them wondering: will my packages arrive on time?

Former Prime Minister Stephen Harper is among those being considered to chair Alberta Investment Management Corp. (AIMCo), the $160-billion pension and endowment manager whose board of directors and chief executive were purged last week by the Alberta government.

Former B.C. premier John Horgan has died following a battle with cancer, his family confirmed on Tuesday.

Donald Trump’s landslide victory has shaken Canadians and rattled the loonie, but on balance will be beneficial for the country, notably its natural resource sectors.

Canada’s Labor Minister Steven Mackinnon says he is intervening to end lockouts at the country’s two biggest ports after the negotiations reached an impasse

A “mortgage war” could be on the horizon as interest rates decline since more than half of all mortgages with Canadian banks are set to be renewed in the next two fiscal years, Royal Bank of Canada analysts say.

Like many Canadians, I was glued to the non-stop coverage of the election results in the United States last week, with my tax brain going into overdrive thinking about how Canada would respond to a high-tax-loving Kamala Harris win versus a low-tax-high-tariff Donald Trump win, which ultimately came to pass.

The federal labour minister ordered an end to work stoppages at Canada’s largest ports in British Columbia and Quebec on Tuesday, imposing “final and binding arbitration” on the parties.

Inventurus Knowledge Solutions and packaging company Manjushree Technopack have received a go-ahead from the Securities and Exchange Board of India (SEBI) to raise funds through initial public offerings (IPOs). After refiling their IPO papers in August, the companies received regulatory approval between November 4 and 8. Shares of the companies would be listed on the BSE and the National Stock Exchange (NSE).

Sikhs For Justice (SFJ) leader Gurpatwant Singh Pannun has issued a threat targeting the Ram Mandir in Ayodhya and other Hindu temples on November 16 and 17. His warning, made on Monday, also took aim at Indian diplomats. In a statement, Pannun claimed, “We will shake the foundations of Ayodhya, birthplace of the violent Hindutva ideology.” SFJ announced its intention to disrupt activities by Indian diplomats holding life certificate camps for the diaspora in Canada. Planned actions include targeting the Kalibari Mandir in Mississauga on November 16 and the Triveni Mandir in Brampton on November 17. This development follows the recent arrest of Inderjeet Gosal, a key SFJ figure, by Canadian authorities. Gosal was detained over his alleged role in last week’s Khalistani attack on Hindu devotees at a Brampton temple.