City Ottawa Financial News

Jyoti Gondek, Calgary’s mayor, is the latest politician to raise concerns over comments made Monday by federal Environment Minister Steven Guilbeault in which he reportedly said his government “has made the decision to stop investing in new road infrastructure.”

Electric vehicle (EV) owners in Canada may start to see their insurance rates jolt in the coming years, a new report indicates.

Mike Moffatt was 27 when he and his life partner Hannah paid an absolutely “insane amount of money” for their first house. It was a two-storey, three-bedroom, fully detached place in London, Ont., and the insanity of the purchase, in hindsight, was that the home in a thriving university town in southwestern Ontario only cost $168,000 in 2004.

Cuts to interest rates in Canada may lead to better housing supply, Housing Minister Sean Fraser suggests.

National Testing Agency (NTA) has announced that 23 candidates have achieved a perfect score of 100 in the JEE-Main engineering entrance exam. The majority of these high scorers hail from Telangana. A total of 11.70 lakh candidates appeared for this crucial exam. Out of the 100 NTA scorers, seven are from Telangana, two from Haryana, three each from Andhra Pradesh, Rajasthan, and Maharashtra, two from Delhi, and one each from Gujarat, Karnataka, and Tamil Nadu. The NTA officials clarified that the NTA score is not the same as the percentage of marks obtained but represents normalised scores. A senior official explained, «NTA scores are normalised scores across multi-session papers and are based on the relative performance of all those who appeared for the examination in one session. The marks obtained are converted into a scale ranging from 100 to 0 for each session of examinees.»

National Testing Agency (NTA) has released the final answer keys and announced the results of the Joint Entrance Examination (JEE) Mains 2024 session 1 exams on Monday. The Paper 1 exams were held on 27, 29, 30,31 January and 1 February, while the Paper 2 exam was held on 24 January. Among the candidates who scored 100 NTA scores, seven are from Telangana, two from Haryana, three each from Andhra Pradesh, Rajasthan and Maharashtra, two from Delhi and one each from Gujarat, Karnataka and Tamil Nadu.

Prime Minister Justin Trudeau says that Bell’s most recent round of layoffs is a “garbage decision” in response to a question about the company laying off nine per cent of its staff on Thursday.

Lesson one when regulating Canada’s financial system is ensuring the cure isn’t worse than the disease.

Canada’s largest communications company is ending multiple television newscasts and making other programming cuts after its parent company announced 4,800 layoffs and the sale of 45 of its 103 regional radio stations

This article is part of Global News’ Home School series, which provides Canadians the basics they need to know about the housing market that were not taught in school.

foreign interference program.The Immigration and Refugee Board ruled that Jing Zhang had worked for the Overseas Chinese Affairs Office (OCAO), which it said conducts espionage in Canada.While immigration officials did not argue that Zhang committed espionage, the Refugee Board found that as an 11-year OCAO employee, she had contributed to its efforts to pressure the Chinese diaspora.According to the 32-page decision, the Peoples Republic of China (PRC) uses the OCAO to silence dissent overseas.The organization “was and remains involved in espionage against the PRC‘s targeted individuals and groups in Canada,” the IRB added.“The OCAO conducting espionage, surveillance or covert monitoring of Chinese and ethnic Chinese dissidents or minorities in Canada is against Canada, and contrary to its security interests.”The decision to deport Zhang for security reasons was handed down on Aug.

Former Ottawa Senators player Alex Formenton has turned himself into London police headquarters Sunday.

India's external affairs ministry on Thursday called Pakistan foreign ministry's assassination remark false and malicious in an official press release. In response to media queries regarding remarks made by Pakistan Foreign Ministry, the official Spokesperson, Randhir Jaiswal said, «We have seen media reports regarding certain remarks by Pakistan Foreign Secretary.

By Promit Mukherjee

Justin Trudeau, whose ratings among Canadian voters are plunging rapidly. “I have concluded that the decision to issue the proclamation does not bear the hallmarks of reasonableness — justification, transparency, and intelligibility — and was not justified about the relevant factual and legal constraints that were required to be taken into consideration," Judge Richard G Mosley said while delivering the judgment on Saturday. Justin Trudeau imposed Emergency in Canada after a group called "Freedom Convoy" led massive protests in the country against vaccinations for the Covid-19 virus.

A Canadian judge has ruled that the government’s use of the Emergencies Act to quell weeks of protests by truckers and others angry over COVID-19 restrictions in 2022 was unreasonable and unconstitutional

A Conservative bill to remove GST from Ottawa’s carbon pricing plan could eventually lead to $1 billion in lost tax revenue, the parliamentary budget officer (PBO) says.

On a cool Thursday afternoon in Ottawa, veteran police officer Sgt. Avery Flanagan approaches a man hunched over in a downtown parking lot. He has crushed opioids in one hand and a needle in the other.

Canadian companies have lost a step when it comes to innovation, experts say, pointing toward Ottawa having work to do to turn around stagnating business investment and an over-reliance on temporary workers.

Sean Strickland unleashed an expletive-laced tirade against a reporter, Justin Trudeau and people in the LGBTQ community during a media event in Toronto.Strickland, the current middleweight champion, is in Toronto in the run-up to Saturday’s UFC match at Scotiabank Arena. He’ll be facing off against South African MMA fighter Dricus du Plessis.Videos of Strickland cussing out a reporter during a UFC press conference spread quickly on Wednesday, and Strickland himself reposted a video of the incident.At one point during the interaction, the reporter notes that Toronto has a large LGBTQ community and asked Strickland to comment on a tweet he made in 2021, when the MMA fighter wrote: “If I had a gay son I would think I failed as a man to create such weakness.”Strickland cut off the question and repeatedly asked if the journalist was gay.“I’m an ally of the community,” the reporter responded.Strickland asked if the reporter would be fine with having a gay son and never having grandchildren, to which the reporter replied, “No problem with it.”“You’re a weak f—ing man, dude.

For thousands of small businesses, it’s time to pay up. Thursday marks the federal government’s deadline for firms to repay pandemic-era debt to get relief on their Canada Emergency Business Account (CEBA) loans.