Canada Financial News

Non-resident Indians (NRIs) now have a faster, more convenient option than traditional wire transfers to send money to family or make payments in India. The National Payments Corp. of India (NPCI) has extended UPI access to NRIs who hold non-resident external (NRE) or non-resident ordinary (NRO) accounts. This expansion allows NRIs to conduct instant transactions from their smartphones using UPI linked to their international mobile numbers, simplifying financial connections with India.

Paddington in Peru, the latest installment of the Paddington film series. The movie’s trailer dropped following the UK release over the summer.

Housing experts who have long promoted moving new home construction from suburbs to urban centres are calling for a similar approach to policy, saying several ideas currently percolating on the fringes of society in Canada have proven successful elsewhere and deserve a more central place in the national conversation.

Justin Trudeau on Sunday wished Hindus on the occasion of Diwali as diplomatic tensions between India and Canada remain high. In a video posted on X, the Canadian PM is seen playing with a red band (raksha-sutra) tied to his wrist as he shares the story behind it. «I got these bracelets when I was in three different Hindu temples over the past few months. They're good luck, they're… protective,» Trudeau says in the video shared on November 3.

«We assess that Indian state-sponsored cyber threat actors likely conduct cyber threat activity against Government of Canada networks for the purpose of espionage,» the report said. The development comes as the bilateral relationship has gone south since Prime Minister Justin Trudeau said a year ago that Canada had credible evidence that agents of the Indian government were involved in the murder of Canadian Sikh activist Hardeep Singh Nijjar in British Columbia in June 2023, a charge dismissed as absurd by India.

UFC Fight Night is taking place in Canada tonight. The event will be headlined the main-event fight between Brandon Moreno and Amir Albazi. UFC Fight Night is scheduled to take place at Rogers Place, Edmonton in Canada. UFC Fight Night main event is scheduled to start at 8 pm (ET) on November 2. UFC Fight Night will be live streamed on ESPN+. Brandon Moreno will take on Amir Albazi at Flyweight category. Erin Blanchfield will fight Rose Namajunas in Women's flyweight category. Jhonata Diaz will have duel with Derrick Lewis in Heavyweight category. Caio Machado will fight Brendson Ribeiro in Light heavyweight category.

Don’t be surprised if you’re stuck behind a chocolate lab, a Scottish fold and a guinea pig when you’re picking up cold medication at the pharmacy in the years ahead.

Canada Post workers looms, the Crown corporation says it its “operating as normal” while negotiations with the union continue.If a strike does go ahead, at least one opposition party has said it will not support back-to-work legislation.Postal workers will legally be in a strike position as of Sunday, but a 72-hour notice is required under the Canada Labour Code before employees can walk off the job.“Both parties remain at the table and we have not received a notice of strike from the union,” said Valérie Chartrand, a Canada Post spokesperson.“If we receive a strike notice, we will be notifying customers and the public of our plans regarding service,” she told Global News in a statement Friday.On Tuesday, Canada Post presented new offers to the Canadian Union of Postal Workers, including higher annual wage increases amounting to 11.5 per cent over four years and protections to workers’ pensions.CUPW’s national president Jan Simpson, told Global News on Thursday that the union is reviewing that offer and will be responding to Canada Post.“We’re still at the bargaining table hopeful to be able to get a negotiated collective agreement for both the urban operations and the rural suburban mail carriers,” she said.A cooling-off period in the labour negotiations will expire on Saturday after which postal workers will legally be in a position to strike.The dispute comes ahead of the busy holiday season, and Canada Post has warned that a labour disruption would have “significant consequences” for millions of Canadians.The federal government has urged both parties to reach a collective agreement and is working to facilitate that outcome.Labour Minister Steve MacKinnon met with Canada Post and CUPW on Thursday.He told reporters on

Pakistan's Interior Minister Mohsin Naqvi has said that Sikh pilgrims from the US, UK and Canada will receive free online visas within 30 minutes upon arrival in the country to pay respect to their religious sites. Naqvi's remarks came as he met with a 44-member foreign delegation of Sikh pilgrims in Lahore on Thursday. The minister warmly welcomed the Sikh pilgrims to Pakistan. He acknowledged that the Sikh pilgrims faced difficulties while visiting Pakistan in the past, according to a statement by the Ministry of Interior. Naqvi announced that the government has made the visa process easier for Sikhs by making it online. He added that holders of American, Canadian, and UK passports can apply online and receive their visas within 30 minutes without any fees.

Lawrence Bishnoi gang has been arrested by Canadian police in relation to a shooting incident at the home of popular Punjabi singer AP Dhillon on Victoria Island, Canada. The individual has been identified as 25-year-old Abhijeet Kingra from Winnipeg, Manitoba. Authorities have issued an arrest warrant for a second suspect, 23-year-old Vikram Sharma, who is believed to have fled to India following the incident. Although Canadian police do not have a photo of Sharma, they provided a description: «Vikram Sharma is a South Asian man, standing 5'9» tall and weighing around 200 pounds (about 90 kg). He has black hair and brown eyes."

Toronto-Dominion Bank‘s ability to expand its retail banking business in the United States has been restricted, leaving investors wondering whether it will do the obvious and focus on growing its personal and commercial banking segment in Canada or its wealth and insurance business in the U.S., but analysts say any potential moves would be “easier said than done.”

TORONTO — Canadians now have a single place to appeal banking issues after the federal government’s simplification of the system took effect Friday.

The Testaments in 2022, fans of The Handmaid’s Tale have eagerly awaited more details on the upcoming spinoff. Based on Margaret Atwood’s 2019 sequel to her original 1985 novel, The Testaments explores life in Gilead 15 years after the events that formed the core of The Handmaid’s Tale. Following the narratives of three women, including Aunt Lydia and two young women named Agnes and Daisy, the book explores Gilead’s deep-rooted power dynamics and Aunt Lydia’s evolving stance within the regime. With The Handmaid’s Tale currently in production for its final season, expected to premiere in spring 2025, The Testaments will come to the screen afterward, continuing the universe created by Atwood.

A convict who became Canada ‘s youngest designated dangerous offender after sexually assaulting a three-month-old baby is seeking escorted leave from prison to attend Indigenous cultural ceremonies in Vancouver.

Canadian Imperial Bank of Commerce hired three bankers, including Mizuho Securities veteran Rob Cicchetti, to build out its U.S. asset-backed securities business.

The third quarter has been a real thorn in the side of the Bank of Canada when it comes to trying to pin down gross domestic product, and the latest data is only causing policymakers more grief.

Air Canada raised its annual core profit forecast on Friday, as the country’s largest carrier benefits from strong demand for international travel and lower jet fuel prices.

After Canada Post presented its latest offer to workers, the risk of a looming disruption is likely leaving Canadians worried about what will happen with their mail.

Growth in the Canadian economy remained unchanged in August, putting gross domestic product on track to grow at an annualized rate of just one per cent in the third quarter, Statistics Canada said on Thursday, paving the way for another cut by the Bank of Canada in December.

Buy low, sell high, they say. Well, it looks like condo sellers in some towns (looking at you, Toronto) are about to give buyers a windfall chance at low prices.