Canada Financial News

ISIS plot targeting U.S. Jews was able to get into Canada.Federal officials declined to answer questions about the immigration status of Muhammad Shahzeb Khan, citing privacy laws, and said only they were reviewing how he came to Canada.The U.S.

Parks Canada says the blaze is now officially under control.Landon Shepherd, incident commander with the parks agency, told an online media briefing Saturday the change in status means the fire has been sufficiently suppressed to ensure it won’t spread outside of its defined perimeter.Shepherd says that perimeter is 278 km long.The fire’s status was last changed on Aug. 17 when it moved from being out-of-control to “being held,” which meant it wasn’t expected to spread into any priority areas.That happened one day after residents of the Jasper townsite were allowed to return home on Aug.

European Central Bank will probably cut interest rates on Thursday in a prelude to a US move the following week, as the global monetary cycle tilts toward more synchronized easing. Euro-zone officials have signalled that they'll deliver a second reduction in borrowing costs, following up on July's move, which will be scrutinized by investors looking for policymakers' intentions for any further steps later this year. At least one more cut is seen likely in 2024.

student who was barred from boarding a Toronto-bound flight due to a visa-related issue. The incident, which involved stoppages in Munich and Frankfurt, Germany, highlighted the airline's failure to inform the passenger about the requirement of a transit Schengen visa. The case centered on Maharshi Yadav, a resident of Gandhinagar, who was traveling to Canada for further studies. Yadav, who held a valid student visa for Canada, had booked a flight from Mumbai to Toronto for April 13, 2022. The flight included layovers in Munich and Frankfurt, both in Germany. However, during check-in at Mumbai airport, the airline staff informed Yadav that he required a transit Schengen visa for the layovers, which he did not possess. Consequently, he was denied boarding. Pressed for time, Yadav cancelled the original ticket and booked an alternative flight with Emirates Airlines, costing him Rs 1.70 lakh, to reach Canada the next day. Subsequently, Yadav, through his mother and legal counsel Sunil Chhabaria, filed a complaint with the Consumer Dispute Redressal Commission in Gandhinagar, alleging a deficiency in service on the part of the airline. The complaint argued that the airline had failed to notify Yadav in advance about the necessity of a transit Schengen visa for his journey.

Canada can’t find work or aren’t looking, as businesses hire at a slower pace while the population continues to balloon. The number of working-age people in the country rose by 96,400 in August, Statistics Canada reported Friday, a result of the country’s rapid population growth, which is among the fastest in the world. Over 82,000 people joined the country’s labor force last month, but net employment rose just 22,100. In the last three months, Canada’s economy has created one new job for every six workers who joined the labor force on net, the lowest rate in over a year. It’s a stark deceleration from the start of the year, when the number of jobs was actually growing faster than the number of available workers.

A group representing almost 100 of Canada’s universities is warning the impact from the federal government’s cap on international students will be “far greater” than what Ottawa aimed for.

The Toronto Police Service is asking for the public’s help with a homicide investigation related to a shooting that left one dead last Sunday in the city’s west end.

Some long-unaffordable pockets of Canada’s housing market could open up to first-time homebuyers this fall as interest rates decline but experts expect prices will hold relatively flat.

Olympic Council of Asia General Assembly will take place at the Bharat Mandapam, Pragati Maidan in New Delhi on Sunday, September 8. On the occasion, former Indian shooter Randhir Singh will be officially named as the first Indian President of the Olympic Council of Asia in the presence of notable dignitaries including Minister of Youth Affairs and Sports, Mansukh Mandaviya, and top sports leaders from all 45 countries of Asia. Randhir Singh was unanimously elected by the OCA representatives for the top post when he emerged as the sole candidate contesting for the position earlier this year. The 77-year-old sporting legend hails from Patiala Punjab, and was born in a family of sportspersons. His uncle, Maharaja Yadavindra Singh, played Test cricket for India and was an IOC member. His father, also a first-class cricketer, Bhalindra Singh, was also an IOC Member between 1947 and 1992.

Pakistani origin person from the Toronto area is facing terror charges in both Canada and the United States, “for allegedly attempting to illegally enter the U.S. to carry out a mass shooting at a Jewish Centre in New York City”, according to a Canadian Broadcasting Corporation (CBC) report. Press releases issued Friday by the U.S. Department of Justice and the RCMP identified the accused in the case as 20-year-old Muhammad Shahzeb Khan, who investigators say is also known by name Shahzeb Jadoon, according to CBC. Khan was arrested Wednesday in the town of Ormstown, Que., about 60 kilometres south of Montreal. U.S. authorities described him as a Pakistani citizen residing in Canada, CBC reported.

A three-year survey was undertaken in collaboration with a friendly country to verify the presence of the oil and gas reserves, DawnNewsTV quoted a senior security official as saying on Friday. The geographic survey has allowed Pakistan to identify the location of the deposits, and the relevant departments have informed the government of the resources found in Pakistani waters.

The parent company of the Japanese 7-Eleven convenience store chain is turning down a takeover offer from Alimentation Couche-Tard of Canada

Labour productivity at Canadian businesses fell by 0.2 per cent during the second quarter of 2024, with 11 of the 16 main industries recording declines, Statistics Canada said on Thursday.

Four months out from an unprecedented split between the regulators for accountants in Ontario and Quebec and their national counterpart, CPA Canada is pitching a new, separate membership to accountants in the departing provinces.

You can be forgiven if you missed the latest development in the ongoing saga of the new trust reporting rules, especially If you’ve been away over the summer.

Royal Bank of Canada’s former chief financial officer, fired over allegations she had an undisclosed personal relationship with another executive, said the bank was trying to “manufacture” a reason to get rid of her, as both sides double down in the increasingly acrimonious fight.

Canada’s central bank just tossed borrowers another bone with a quarter-point rate cut. That has brought Canada’s benchmark prime rate down to 6.45 per cent, directly benefitting floating-rate borrowers.

international students is causing financial hardship for UK universities, they said on Thursday, calling for a hike in domestic tuition fees to offset yawning deficits. The president of Universities UK (UUK), which represents 141 British higher education institutions, said all its universities were «feeling the crunch» since the curbs came in last year. «There is now a clear choice: we can allow our distinguished, globally competitive higher education system to slide into decline or we can act together,» said Sally Mapstone.

Barack Obama, Sasha Obama, recently received her degree from the University of Southern California (USC). Here is all the information about her time in college and her future plans. It makes sense that the two young girls didn't receive much attention until their unofficial debut at the Obama White House's first state dinner in 2016, which was attended by Justin Trudeau, the prime minister of Canada at the time. Also Read: Harris' running mate Tim Walz's relatives turn against him and support Donald Trump for President, share pics posing in T-shirts

After months of dozens of restaurant closings and headlines about “endless shrimp” woes, Red Lobster says it will soon exit from Chapter 11 bankruptcy protection

Hongji is a crypto and tech reporter. He graduated from Northwestern University's Medill School of Journalism with a Bachelor's and a Master's. He has previously interned at HTX (Huobi Global),...