Canada Financial News

16.10 / 16:51
markets Target Digital Remark community information gatherings Justin Trudeau accuses India of 'clear violations' of Canadian sovereignty
Justin Trudeau alleged on Wednesday that there were «clear indications» that India violated Canada's sovereignty. His remarks were made during an inquiry into alleged foreign interference, which highlighted what he described as illegal activities by representatives of the Indian government against Canadian citizens. «We had clear and certainly now ever clearer indications that India had violated Canada's sovereignty,» Trudeau stated, drawing attention to a recent Canadian police investigation that implicated Indian diplomats in a «campaign of violence.»
16.10 / 16:25
Citizens Gap Compilation security Research social reports Here's why the U.S. retirement system isn't among the world's best
The U.S. retirement system doesn't get high marks relative to other nations.
16.10 / 09:45
markets Election Deloitte Caseys reports Tired of Trudeau: Why Canadians are not willing to trust their PM
Justin Trudeau is finding it hard to convince Canadians about India's alleged link to the killing of Khalistani terrorist Hardeep Singh Nijjar, a Canadian citizen, in Canada last year. His latest move to brand Indian High Commissioner to Canada as a «person of interest» in the Nijjar probe comes with the same vague allegations he made against India last year. "...we started to understand through intelligence agencies that India was possibly if not probably, behind Nijjar's killing...," Trudeau said on Monday, while accusing the Indian government of supporting criminal activities in Canada. «Possibly if not probably» is same as the claim of «credible allegations» Trudeau made last year. Besides his vague allegations against India as he tries to pander to his Khalistani Sikh votes before an impending election, Trudeau has another problem: in the nine years as the Canadian PM, he has lost credibility and is widely expected to lose the next election. His desperation to throw India-Canada ties under the bus to retain support of his Khalistani vote bank seems all the more clumsy when he has landed in a political quicksand and thinks he can distract Canadians' attention from his own multi-crisis which include a coup brewing in his own caucus and corruption allegations. Also Read: US, UK push ahead with Modi despite bombshell Trudeau claims
16.10 / 03:39
markets Apple Yellow Food Kellogg country International Protesters demand Kellogg remove artificial colors from Froot Loops and other cereals
Dozens of people have rallied outside the Michigan headquarters of WK Kellogg Co. to demand that the company remove artificial dyes from their cereals in the U.S. The maker of Froot Loops and Apple Jacks announced nearly a decade ago that it would remo...
16.10 / 01:43
markets UPS Target Deloitte Universities reports Deepening Canada-India standoff seen as a short-term boost for Modi, Trudeau
Canada kicked out six Indian diplomats on Monday, linking them to the murder of a Sikh separatist leader and alleging a broader effort to target Indian dissidents in Canada. India retaliated by telling six Canadian diplomats to leave. Although the tit-for-tat move sent bilateral relations skidding to a new low, Narendra Modi and Justin Trudeau are unlikely to mind too much. Both leaders are in their third terms and face political challenges.
16.10 / 01:27
Cooper Aware Airlines security travelers Investigations International Bomb threat forces Air India flight into emergency landing at Iqaluit airport
An Air India flight en route from New Delhi to Chicago made an emergency landing in Iqaluit early Tuesday morning following what RCMP say was a bomb threat.
15.10 / 22:33
COST Target economy show reports Headlines 5 of 6 big Canadian banks see jumbo rate cut after surprisingly soft inflation
All but one of Canada’s six biggest lenders now expect the central bank to cut borrowing costs by half a percentage point after inflation cooled by more than expected last month.
15.10 / 19:29
Extreme Action security Death Investigations Samidoun, group behind ‘death to Canada’ chant, listed as terrorist entity
Samidoun, a pro-Palestinian group behind a rally where people chanted “death to Canada” and burned the Canadian flag in Vancouver earlier this month, as a terrorist entity.Public Safety Minister Dominic LeBlanc made the announcement on Tuesday and noted that the listing was made alongside the U.S. Treasury Department’s own decision to list the group as a specially designated global terrorist entity.“Violent extremism, acts of terrorism or terrorist financing have no place in Canadian society or abroad,” LeBlanc said in a statement.“The listing of Samidoun as a terrorist entity under the Criminal Code sends a strong message that Canada will not tolerate this type of activity, and will do everything in its power to counter the ongoing threat to Canada’s national security and all people in Canada.”Samidoun has been previously listed as a terrorist entity by Germany and the Netherlands and, in a release, Public Safety Canada, said the group has “close links with and advances the interests of the Popular Front for the Liberation of Palestine (PFLP).That group is also listed as a terrorist entity by Canada, the U.S.
15.10 / 18:43
COST UPS Provident economy community show rights Another tax on properties isn't the answer to Canada's housing woes
What is a great solution to many of our country’s issues? Well, a tax, of course. After all, taxes solve everything, right?
15.10 / 18:43
COST UPS Target Food Research wellness Headlines Inflation for September eases to 1.6%, below the Bank of Canada's target rate
Canada’s inflation rate fell to 1.6 per cent in September, dropping well below the Bank of Canada’s two per cent target and increasing bets that the central bank will accelerate cuts to its policy interest rate.
15.10 / 18:43
markets Target FIVE Extreme economy wellness 2020 Two 50 bps rate cuts coming this year: What economists say about the latest inflation numbers
Inflation in September rose 1.6 per cent, the slowest year-over-year increase in more than three years and well below the Bank of Canada‘s target of two per cent.
15.10 / 18:43
COST UPS Provident President reports Massive U.S. fine against TD Bank highlights relatively modest penalties in Canada
TORONTO — The more than US$3-billion settlement TD Bank Group has reached with U.S. regulators for its failures to oversee money laundering risks has underlined what some say are relatively weak enforcement options in Canada.
15.10 / 18:43
COST Fishing cover Department evacuation Equality Hurricanes posing increasing problems for East Coast fisheries without insurance
It cost fish farmers in Prince Edward Island more than $70 million when Hurricane Fiona hit in 2022. Similarily, owners evacuated the biggest shrimp farm in the United States when Hurricane Milton bore down on Florida last week.
15.10 / 16:41
markets UPS Progressive trends Trade reports Stagnant housing market prompts CREA to trim 2024 outlook
The Canadian Real Estate Association is downgrading its housing market forecast for the remainder of the year again, saying the Bank of Canada’s interest rate cuts haven’t spurred the gradual improvement it previously anticipated.
15.10 / 15:27
COST UPS Target Reuters reports Annual inflation drops sharply below 2% target in September
inflation slowed sharply in September, falling below the Bank of Canada’s two per cent target, Statistics Canada reported Tuesday.Annual inflation was 1.6 per cent in the month, down from two per cent in August, thanks largely to continually lower gasoline prices, the agency said.The yearly price pressures are now at their lowest levels since February 2021, StatCan said.Price hikes at the grocery store remained steady at 2.4 per cent year-over-year. Despite annual declines for seafood and nuts and seeds, fresh or frozen beef prices were up 9.2 per cent last month, edible fats and oils cost 7.8 per cent more and egg prices rose 5.0 per cent annually.Prices for airfare were down 4.4 per cent in September and fell 14.3 per cent on a monthly basis, which StatCan noted was typical of seasonal trends heading into the fall.While rent and higher mortgage costs continue to lift inflation, there was some cooling on the shelter front in September as well.
15.10 / 14:41
markets Target Strategy Mobile BABA reports Here's how Lawrence Bishnoi directs his 700 shooters from within prison walls
Baba Siddique has reignited focus on the notorious Bishnoi gang and its leader, Lawrence Bishnoi. Siddique, a 66-year-old Nationalist Congress Party (NCP) leader and former minister, was gunned down outside his son's office in Bandra East, Mumbai, on Saturday night. The attackers, who fired multiple rounds at him, claimed to belong to the Bishnoi gang, whose leader remains incarcerated in Gujarat's Sabarmati Jail.
15.10 / 13:11
markets students country travelers strain Relationships International Visa woes ahead: Will India-Canada standoff disrupt visa services?
India and Canada has caused significant uncertainty for visa applicants, particularly students and families with ties to both countries. Amid the strained relationship, India expelled six Canadian diplomats and announced the withdrawal of its High Commissioner, following Canada's withdrawal of over two-thirds of its diplomats. The fallout may impact visa processes further, affecting students, families, and businesses alike. As tensions rise, the strained diplomatic ties could hinder direct air connectivity and lead to fewer visa approvals.
15.10 / 12:45
markets Provident Target Experts PAM country New allegations, old wounds: India rejects Canada’s accusations as diplomatic crisis worsens
covert operations on Canadian soil. The accusations center on the alleged involvement of Indian agents in the killing of Sikh separatist Hardeep Singh Nijjar, who was shot dead in British Columbia in June last year. Canadian authorities have now claimed that Indian agents are working in collaboration with criminal gangs, including the Bishnoi gang, to carry out covert operations targeting South Asian Canadians. Canadian Prime Minister Justin Trudeau reiterated his government’s stance at a press conference, saying, “Canada will never tolerate the involvement of a foreign government in threatening and killing Canadian citizens on Canadian soil.” He emphasized that the findings of the Royal Canadian Mounted Police (RCMP) provided “clear and compelling evidence” that agents of the Indian government are engaged in activities that pose a significant threat to public safety. Trudeau detailed the evidence, stating, “This includes clandestine information gathering techniques, coercive behavior targeting South Asian Canadians, and involvement in over a dozen threatening and violent acts, including murder. This is unacceptable.”
15.10 / 12:45
Target Fallout WhatsApp Trade country India does not see diplomatic fallout with Canada impacting trade ties
trade ties with the country immediately, a government source said on Tuesday. Canadian funds are also not expected to change their stance on India, the source added. Relations between India and Canada plummeted on Monday after Ottawa linked India's high commissioner and other diplomats to the murder of Sikh leader Hardeep Singh Nijjar on its soil and accused New Delhi of a broader effort to target Indian dissidents in Canada.

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