City Columbia, Britain Financial News

LiquiTrade, the operator of the Latoken crypto exchange, has been found guilty of illegally operating an exchange in Canada by a panel established by the British Columbia Securities Commission (BCSC).

liquified natural gas export plant on British Columbia’s coast is poised to go ahead.On Tuesday, the Hasila Nation and its partner Pembina Pipeline Corporation announced a green light with their final investment decision in the Cedar LNG plant.The $US3.4 billion project will see the construction of a floating LNG facility in Haisla territory in Kitimat.The nation is a majority owner in the project with a 50.1 per cent stake.“With Cedar LNG, we have proven that Indigenous communities can successfully forge a path to economic independence and generational prosperity,” Haisla Chief Councillor Crystal Smith said in a statement.“We have created a model for how sustainable energy development should be done, with Indigenous Nations as owners, balancing environmental interests with global demand for cleaner energy.”The project has already secured all major regulator approvals and has signed an agreement with the Coastal GasLink Pipeline for the delivery of 400 million cubic feet of natural gas per day, once it is up and running.Cedar LNG estimates the project will be in service by late 2028.B.C.

It’s been a downpour of fixed-rate cuts this week as mortgage lenders match plunging bond yields.

Shares of Canadian Western Bank surged 70 per cent in early trading after it announced that it had struck an all-stock deal to be acquired by National Bank of Canada in an agreement that valued it at about $5 billion.

National Bank of Canada’s bid to buy Canadian Western Bank is yet another sign that Canada’s banking sector is going to further consolidate as the larger banks try to gain more control and tackle any headwinds they might face in the near term, some analysts say.

MONTREAL — Canada’s banking sector is facing further consolidation as National Bank of Canada has reached an all-share deal to acquire Canadian Western Bank that values the lender at about $5 billion.

The British Columbia Securities Commission (BCSC) and Royal Canadian Mounted Police (RCMP) have issued a warning to ten B.C. residents over their alleged involvement in international crypto fraud schemes, the officials revealed in a press conference Monday.

heat waves, hospital admissions for mental health spike. The past 10 years were the hottest on record, and as we prepare for another scorcher of a summer, it's time to take steps to increase our preparedness for extreme heat. The potential for heat stress, heat exhaustion and heat stroke are well known hazards of extreme heat. Yet, physical health is not the only factor to consider under extreme heat; mental health can also suffer. Many people can relate to the sleepless nights during hot summer months, as well as anecdotal experiences of irritation and aggression when thermally uncomfortable.

Hindustan Times reported on Tuesday.Responding to queries in Parliament by Indo-Canadian MP Arpan Khanna, Immigration Minister Marc Miller clarified, “I have never said such certificates are required for temporary residents,’ the daily reported.The Canadian immigration minister indicated that verification is done mainly through biometric data, such as fingerprints, which are cross-checked on law enforcement databases internationally. As for the police certificates from the country of origin, the HT quoted Miller as saying, “We do not, as a routine matter, require them for temporary residents."However, police certificates from abroad may occasionally be requested on a case-by-case basis if further scrutiny is necessary.“They may be required if an officer decides to do so as part of a cascading security screening," he added later.The minister's clarification comes amid debates about security checks for temporary residents, including international students, following recent criminal cases involving past visitors.It is important to note that at least two of the four persons arrested in relation to the killing of pro-Khalistan terrorist Hardeep Singh Nijjar had reached Canada in that category.

patient's diabetes using a groundbreaking cell therapy. This pioneering treatment was developed by a team from Shanghai Changzheng Hospital, the Centre for Excellence in Molecular Cell Science under the Chinese Academy of Sciences, and Renji Hospital, and was detailed in the journal Cell Discovery on April 30.

A spokesman for Quebec’s provincial police says British Columbia serial killer Robert Pickton is in a medically induced coma after a prison attack and doctors planned to try to wake him soon.

Canada Pension Plan Investment Board’s exposure to investments in yuan has fallen by half in just two years, as the money manager pulls back in the world’s second-largest economy because of higher risks.

Royal Canadian Mounted Police (RCMP) has issued a warning to Hardeep Malik, the son of Ripudaman Singh Malik, who was acquitted in connection with the Air India bombing of 1985. Hardeep Malik, a Surrey-based businessman, received an official letter cautioning him about potential threats to his life. This comes in the wake of Ripudaman Singh Malik's murder in 2022, for which two individuals have been charged, CBC News reported. Despite the lack of concrete evidence, the CBC News report claims that RCMP investigators are exploring the possibility of the Indian government's alleged involvement in Ripudaman Singh Malik's assassination, similar to their alleged role in the killing of Sikh separatist Hardeep Singh Nijjar the previous year.

Last September, as Oregon faced an ever-increasing rate of fatal drug overdoses, a new study concluded the state’s first-in-the-U.S. decriminalization policy was not to blame.

The first outsider to take the helm of investing giant Vanguard Group is the son of Tanzanian immigrants who didn’t attend college but wanted to ensure their three children did. Salim Ramji grew up in British Columbia and spent summers working in the grocery store his father ran. During the school year, he debated.

Mint, two of the largest money managers in Europe opposed the decision of the board of Nestle India. “The performance of the company does not sufficiently demonstrate the benefits of the royalty payments over the years, which have grown at a rate higher than the company's revenues and net profit," said Legal & General Investment Management (LGIM), UK’s largest fund manager, managing $1.5 trillion of assets. Nordea Asset Management, the investment arm of the Nordic region’s largest bank, having $400 billion in assets under management, also opposed the resolution.

This article contains disturbing content.A serial killer from the United States is believed to be the person responsible for the decades-old deaths of four Calgary females and the RCMP believes investigators may link more deaths to the now-deceased man.At a news conference in Edmonton on Friday, police said Eva Dvorak, 14, Patricia McQueen, 14, Melissa Rehorek, 20, and Barbara MacLean, 19, were all killed in the 1970s by Gary Allen Srery.Police said ahead of each of the four victims’ deaths, they had been walking in the evening. All four died of asphyxiation and their bodies were left outside of Calgary’s city limits.

Oil prices rose on Tuesday as the supply-demand balance looked set to tighten on operational disruptions, stronger demand and voluntary output cuts. U.S. West Texas Intermediate crude futures rose 18 cents to $79.30 a barrel by 1224 GMT. Brent crude futures gained 19 cents, reaching $83.55 a barrel.

Wildfires have prompted evacuation orders and alerts in western Canada just days after officials warned of “significant risk” from the natural hazard this summer.A fire near Fort McMurray, Alta., has grown to 1,000 hectares Saturday, from around 200 hectares on Friday, and is listed as out-of-control.The Alberta government said the wildfire danger is “extreme” and has issued an evacuation alert for Fort McMurray and Saprae Creek. Residents should be prepared to evacuate on short notice and keep essential items like medications, important documents and emergency kits ready to go.A notice issued late Friday said strong winds were expected Saturday, and the wildfire was surveilled overnight by helicopters.

Hardeep Singh Nijjar in British Columbia last year, but insisted that no relevant information or specific evidence about Delhi's involvement has been shared by the Canadian authorities till date. India’s External Affairs Ministry spokesman Randhir Jaiswal told reporters that the two countries were discussing the issue but accused Canada of providing shelter to those who are advocating violence against India. He said that Delhi had complained to the Canadian authorities that the people associated with organized crime in India had been allowed entry and residency in Canada.

Suncor Energy Inc. says it will be banking on its trading platform to remove middlemen and directly negotiate with new customers to get a “unique” advantage once it starts shipping to additional regions through Canada’s now-operational Trans Mountain pipeline expansion.