Canada Financial News

The Canada Border Services Agency (CBSA) said Tuesday a “partial systems outage” was impacting customs services at airports across the country.

The latest child benefits are going out to Canadian parents on Tuesday after a routine increase in monthly payments last month.

Canada, has temporarily suspended the entry of new temporary foreign workers for low-wage jobs in the Montreal area. As a result, applications for jobs in the Montreal area paying less than $27.47 per hour will be paused for six months, starting September 3. The decision will not apply to the construction, agriculture, food processing, education and social services sectors. This comes after the country's temporary foreign worker program was described as a 'breeding ground for contemporary forms of slavery' in a report by UN investigator Tomoya Obokata, according to an article in Canada's leading daily, the Globe and Mail.

Why People Love Loud Music, published on the website of Loop Earplugs, Antwerp-headquartered manufacturers of noise-reducing earphones, writer Samuel De Koning alludes to the ‘sacculus’ as a factor. The organ is part of the balance-regulating vestibular system in our inner ear. “It’s special because it has direct connections to pleasure centres in the brain.

The annual rate of inflation cooled to 2.5 per cent in July, Statistics Canada said Tuesday, the slowest pace for price growth since March 2021.

Many economists are expecting that July inflation data coming this week won’t dissuade the Bank of Canada from another interest rate cut at its next decision in September.

Alimentation Couche-Tard made a proposal to take over much larger rival and 7-Eleven owner Seven & i Holdings Co, in what would be the biggest foreign takeover of a Japanese company. A merger would create the world's top operator of roughly 100,000 convenience stores. Valued at the equivalent of $31 billion before news of the offer emerged, Seven & i shares jumped 23% on Monday. The company said the bid was preliminary and non-binding, without disclosing terms. A special committee of independent outside directors will make a «prompt, careful and comprehensive review of the proposal,» Seven & i said in a statement Monday. Couche-Tard confirmed it made a «friendly, non-binding proposal» but gave no details, and said it's not certain an agreement will be reached.

Quebec and Ontario organized crime members are travelling to Western Canada to steal valuable vehicles and ship them to Montreal for illicit export sales, a new federal intelligence report says.

Gujarat Police, undertook searches in multiple states on Monday as part of a money-laundering probe linked to alleged unauthorised streaming of ICC Men's T20 World Cup 2024 matches by a «betting» website. The federal agency said in a statement that 20 premises in Delhi-NCR, Bengaluru (Karnataka), Lucknow (Uttar Pradesh) and Coimbatore (Tamil Nadu) were covered by its officials and those from the Ahmedabad cyber police department in the case against the «magicwin» web portal. The Enforcement Directorate (ED) case, filed under provisions of the Prevention of Money Laundering Act (PMLA), stems from an Ahmedabad police FIR, which stated that a website — magicwin.games — had unauthorisedly hosted, streamed and broadcast matches during the world cup. The broadcast rights for the tournament were given to Star India Private Limited by the International Cricket Council (ICC), the ED said.

The Bank of Canada is expected to cut its policy rate at its next meeting in September, something that will become even more likely if economists’ predictions that inflation continued to cool last month come true.

An array of issues ranging from a potential increase in provisions for credit losses (PCL) and the impact of the Bank of Canada’s rate cuts on loans to money laundering troubles are likely to dominate discussions this week and next as Canada’s top banks release their earnings.

It is helpful when investing to have a near-term view balanced by a longer-term one looking for trends that could turn into opportunities or realized risks.

With the new school year starting in a few weeks, Canadian parents are feeling “stressed out” about shopping for their kids and looking for ways to cut back their spending, recent surveys show.

It’s a common tale across Canada.

Amid a tornado warning for much of the area, a tornado potentially touched down in Ayr, Ont., on Saturday morning, according to North Dumfries Township.

India's holding of US government securities touched a high of USD 241.9 billion in June as the country continued to increase its exposure for the third straight month. Japan was the top holder with securities worth over USD 1.11 trillion followed by China at the second spot with a holding valued at USD 780.2 billion in June, according to the latest data released by the US Treasury Department. At the third place was the United Kingdom with an exposure of USD 741.5 billion ahead of Luxembourg at the fourth position with a holding to the tune of USD 384.2 billion. Among the countries and jurisdictions, India was at the 12th place owning American government securities worth USD 241.9 billion in June, higher than USD 237.8 billion value recorded in May.

Royal Bank of Canada said it has proof that its former chief financial officer engaged in an intimate relationship with a colleague that she failed to disclose, citing exchanges between the two over text messages and emails.

Raksha Bandhan is a joyous occasion celebrated worldwide that honours the relationship between siblings. The day is marked by the tying of a sacred thread, known as Rakhi, by sisters on their brothers' wrists, a sacred depiction of pure love and affection. This holy day falls on August 19, 2024; observing the rituals at the appropriate time is very crucial. Here are the details of the ideal shubh muhurat for tying the rakhi, regardless of your location— the USA, the UK, Canada, or the UAE.

Canadian employees, once calling the shots in a world of record high job vacancies, now believe the tables have turned and that employers have the upper hand when it comes to hiring, a new survey has found.

siblings, steeped in centuries of tradition. Rakhi is marked by the simple yet profound act of tying a rakhi, a sacred thread, around a brother's wrist. This act is a sister's way of praying for her brother's health, and the brother promises to protect her throughout his life. Though modern times have brought new ways to celebrate, Raksha Bandhan's core rituals are still the same.

Raksha Bandhan is a festival revered by the majority of people in India that celebrates the special bond between siblings. Even if you live thousands of miles apart from your brother in the United States, United Kingdom, or Canada, you can still make this day special and memorable for them.