Canada Financial News

Toronto-Dominion Bank has been ordered to pay about US$28 million by authorities in the United States for repeatedly sharing inaccurate information about its customers to consumer reporting companies.

Pierre Poilievre, the leader of the Conservative Party and the current favourite to win the next election, attacked former central banker Mark Carney for agreeing to help Justin Trudeau on economic policy.

Business groups have expressed “deep concern” over the looming pilot strike at Air Canada, which they said would significantly disrupt Canada’s supply chain.

By Ben Eisen and Tegan Hill

Based on latest edition of analysis which is released on Tuesday, the Central European nations secured the top position. Japan is in the second position whereas United States is in third position. Canada holds the fourth position while Austria has secured the fifth position as per the report of U.S.News & world report. According to 2024 ranking, European countries gained the majority portions in the list of 25 out of 15 spots. The middle eastern countries such as the United Arab Emirates and Qatar also secured a position in the top 25 list. Four countries including Japan, Singapore, China and South Korea featured Asia.

The announcement that the New Democratic Party is splintering from its coalition with the Liberals served as a reminder of what a colossal mess the government has left the national economy. The imbalances are shocking and numerous.

Carriers in Canada are gearing up as the country’s largest airline prepares for a possible shutdown next week — a prospect that would leave thousands of Canadians’ fall travel plans up in the air.

Canada has to get “in sync” with the United States and do a better job of plugging into its larger neighbour’s economic system in order to improve struggling productivity at home, says the head of this country’s biggest bank.

Universities Australia Chair David Lloyd said countries including the UK and the US would be big winners from the center-left Labor government’s plan to limit foreign student places to 270,000 next year — 175,000 for the higher education sector and 95,000 for skills colleges. Lloyd pointed to Canada as a cautionary tale for Australia after it imposed similar restrictions only to see new international student enrollments fall by more than expected.

Health Canada is issuing a recall for vitamins and medicines sold by Canadian pharmaceutical brand JAMP Pharma, the health agency said in recall notices.

arrested in Quebec as he was allegedly on his way to New York to conduct a mass shooting at a Jewish centre entered Canada last year on a student visa, Immigration Minister Marc Miller said Tuesday.Muhammad Shahzeb Khan, charged last week in an ISIS terrorism plot, received a student visa in May 2023 and arrived at Toronto’s Pearson airport on June 24, 2023, the minister told reporters.“This is all that I’ll be commenting on this individual,” Miller told reporters. “It’s very important that we don’t comment and actually it’s dangerous to comment any further.“Any defence lawyer is looking at elected officials in their comments about this case, salivating at any comment that is made that could be seen as compromising the judicial process.”He said it was “highly careless” of the Conservatives “to be firing their mouths off again” about Khan, and that Opposition Leader Pierre Poilievre’s advisors “should be counselling him to shut his mouth.”Khan was arrested in Ormstown, Que., on Wednesday as he was allegedly about to be smuggled across the U.S.

A new report says August rental rates fell in some of Canada’s largest and priciest markets to continue a months-long trend, while prices rose in smaller markets.

banking error at one of Canada’s largest banks.Jason and Susan Lyne say money was being withdrawn monthly from a joint RBC account they share with their daughter without their authorization.“They (RBC) could never answer the question ‘how can someone else’s account or how does someone access my daughter’s account?’” Jason told Consumer Matters.The Lynes say their frustration with RBC started when their daughter noticed payments to Telus exiting their joint account. They say those payments had no association with them or their daughter.

published on Sept. 6 in the journal Science, explains how researchers at Stanford University in California used a common food dye called Yellow No.

Going back for more studies after high school is still proving a path to better earnings for students in the years after graduation, but a new Royal Bank of Canada analysis shows the returns on investment aren’t paying off like they once did.

Air Canada is working on plans to start suspending operations ahead of a looming pilot strike, the carrier said in a statement Monday morning.

Toronto’s housing market has ground to a halt and so far not even the forces of Bank of Canada interest rate cuts have been able to revive it.

Northvolt AB will cut a large number of jobs and sell or seek partners for its energy storage and materials businesses as Europe’s leading battery hope aims to survive by refocusing on its struggling first gigafactory in northern Sweden.

U.S. Democratic presidential hopeful Kamala Harris has stirred controversy with a proposal to tax unrealizedcapital gains for the wealthiest Americans. The plan has come under fire for both political and practical reasons — and raised questions about whether the policy could make its way to Canada.

Air Canada says it’s making plans to suspend flights beginning on Sept. 15 if a new contract is not reached with the union representing more than 5,000 pilots.

Ruholamin Haqshanas is a contributing crypto writer for CryptoNews. He is a crypto and finance journalist with over four years of experience. Ruholamin has been featured in several high-profile crypto...