City Ottawa Financial News
04.11 / 14:15
FIVE
Action
Bill
testing
prevention
China blasts 'malicious' Canada air patrol after latest intercept
South China Sea, after Ottawa rebuked Beijing for what it described as a second risky midair intercept in two weeks. Canada's Defence Minister Bill Blair said Friday that a Chinese fighter jet twice flew close to a Canadian Cyclone helicopter over the Paracel Islands on October 29, firing flares «directly in front» of the craft on the second flyby. The jet's actions «were deemed to be significantly unsafe», Blair said of the incident, which followed a similar near-miss over another disputed waterway near China in mid-October. Beijing hit back at Blair's claims on Saturday, with a defence ministry spokesperson saying the Canadian helicopter conducted «a malicious and provocative act with ulterior motives». «Recently, ship-borne helicopters on Canada's HMCS Ottawa made two sorties towards the airspace around China's Xisha Islands, with unknown intentions,» Zhang Xiaogang said in an online statement, using the Chinese name for the Paracels. «China's People's Liberation Army organised naval and air forces to identify and verify (the craft) in accordance with the law, and issued multiple warnings,» Zhang said. «However, the Canadian helicopter not only refused to respond, but also took provocative actions such as flying at ultra-low altitudes,» he added. «Afterwards, (Canada) wantonly hyped the event and made accusations and smears against China in the media,» Zhang claimed. «Canada's actions violated China's domestic laws and international law, endangered China's sovereignty and security,» he said. «We urge the Canadian side… to strictly curb the actions of frontline sea and air forces to prevent accidents at sea and in the air.» The HMCS Ottawa was transiting the South China Sea as part of attempts by the United
03.11 / 19:07
FIVE
Action
Strategy
Bill
reports
prevention
Chinese jets intercept, fire flares near Canadian helicopter in ‘significantly unsafe’ moves
Canada’s Defence Minister Bill Blair says that two dangerous intercepts took place involving Chinese fighter jets and a Canadian Cyclone helicopter on Oct. 29, including flares deployed in the path of the helicopter.
03.11 / 14:31
Provident
Target
economy
Nov
CIBC
country
Plateauing Canada's immigration levels 'step in the right direction,' say economists
Prime Minister Justin Trudeau’s government’s decision to not increase its immigration targets this week is being described as a step in the right direction by economists, but they’re urging Ottawa to provide more insight on how they plan to deal with the steep rise in the number of temporary residents.
02.11 / 23:21
Provident
BLOCK
Digital
innovations
reports
Department
gatherings
Takeover
RBC’s takeover of HSBC Canada may raise banking fees for Canadians, MPs say
The House of Commons finance committee has asked Ottawa to reject Royal Bank of Canada’s $13.5 billion acquisition of HSBC’s domestic unit, citing the lack of competition in Canada’s financial sector.
02.11 / 21:32
Williams
prevention
compliance
Canada's Trans Mountain ordered to stop pipeline work over environmental non-compliance
By Nia Williams and Ismail Shakil
01.11 / 01:47
31.10 / 22:09
Action
‘Freedom Convoy’ trial: Officer who interacted with Barber back on the stand
The trial of two “Freedom Convoy” organizers is set to resume Tuesday with the continued testimony of an officer who served as a liaison between the Ottawa Police Service and demonstrators.
31.10 / 20:17
Strategy
economy
CIBC
stage
country
Cameco
reports
Live news: Mark Carney questions Liberals' carbon tax retreat on home heating oil
Finance Minister Chrystia Freeland says she will meet provincial and territorial finance ministers later this week to discuss the possibility of Alberta’s withdrawal from the Canada Pension Plan (CPP).
30.10 / 19:35
Remark
Immunic
stage
country
reports
testing
prevention
Global stability is ‘fracturing.’ For Canada, the stakes are high, Joly warns
Melanie Joly warned Monday.And for Canada, the stakes are high.That warning comes from prepared remarks set to be delivered by Joly on Canada’s place in an uncertain world at the Economic Club of Canada. She is set to make the speech at 12:40 eastern, and Global News will livestream it at the top of this page.“Our world is marked by geopolitical turbulence, unpredictability and uncertainty.
30.10 / 00:31
Citi
Matthews
Death
Actor
love
performer
shock
Beloved actor Matthew Perry grew up in Canada and is linked to big names in politics
Matthew Perry’s iconic performance on “Friends” may forever link him with New York City, but the actor behind Chandler Bing described himself as half Canadian and had deep ties to some of the biggest names in Canadian politics.
29.10 / 16:09
27.10 / 14:51
Assurant
information
NHL
Shane Pinto of Ottawa was punished for 41 games and was the first current NHL player to be banned for gambling
NHL suspended forward Shane Pinto of the Ottawa Senators for 41 games, making the 22-year-old American the first player banned for sports gambling in modern hockey history. According to the league, Pinto's half-season punishment was imposed for activities relating to sports wagering, and their inquiry turned up no proof that Pinto placed NHL game wagers. There is no further information why Pinto did and how he did.
26.10 / 14:19
Target
Reuters
economy
pandemic
show
2020
Bank of Canada's Macklem says interest rates may be at peak - CBC
OTTAWA (Reuters) — The Bank of Canada (BoC) may not have to raise its key overnight rate further if inflation cools in line with the central bank's expectations, Governor Tiff Macklem said in an interview with the Canadian Broadcasting Corp.
26.10 / 13:13
Provident
show
reports
Ontario police warn of escaped African serval cat, say it can attack pets
Ontario Provincial Police are warning homeowners about an hour and a half west of Ottawa to take precautions after an African serval cat escaped a sanctuary in the community.
26.10 / 07:07
UPS
Virus
show
performer
country
Department
patient
Are pig heart transplants a reality? Successful surgery shows it’s possible
Lawrence Faucette, a 58-year-old United States veteran, was dying of heart failure and had explored nearly every avenue for a life-saving transplant. Amidst the uncertainty, a glimmer of hope remained: an unconventional yet promising possibility — the gift of a pig’s heart.
26.10 / 02:33
Cooper
Citizens
VISA
Death
Immunic
country
services
India resumes visa services in Canada from today: However, you cannot come to India if you are…
visa services for Canadians from today, the Indian Embassy in Ottawa announced Wednesday. The a move that could ease tensions in a high-profile dispute over the killing of a Sikh separatist on Canadian soil.
25.10 / 05:43
UPS
CEO
Metro
Loblaw
information
reports
Grocery CEOs called back to Ottawa to share how they’re stabilizing prices
Canada’s biggest grocery store CEOs are going to be called back to Parliament, and this time MPs want them to explain how they are stabilizing food prices.
24.10 / 15:25
Twitter
Platform
Labrador
country
symptoms
Macklem warned premiers about dangers of putting Bank of Canada's independence at risk
OTTAWA — Bank of Canada governor Tiff Macklem warned premiers who publicly asked the central bank to not raise interest rates last month that their requests could undermine the institution’s independence.
22.10 / 18:47
UPS
Target
FIVE
Extreme
stage
voice
Indian diplomats in Canada were put under surveillance
Canada the issues of surveillance of Indian diplomats by local security agencies in violation of the Vienna Convention and Ottawa’s complicity in encouraging extremism for decades but to no avail. Terrorists residing in Canada are not only openly calling for India’s dismemberment but also killing innocent people and running extortion and drug syndicates in India. The Canadian government is refusing to act against them despite evidence shared with them, highly placed sources told ET. Canadian governments have been ignoring extradition requests by India as well as the Red Corner Notices against these terrorists, one of the above-mentioned sources told ET. Sources alleged that there are credible reasons to believe that Canada is complicit in the blowing up of Air India flight (AI-182) in 1985 in which 329 passengers were killed. Sources recalled there was complete failure to detect explosives at Vancouver, Montreal and Toronto Airports ahead of the bombing of AI-182.
22.10 / 15:37
COST
economy
show
performer
track
country
information
Trudeau government’s own polling program is saying it’s in trouble
A detailed series of internal government polls obtained by Global News paints a picture of a government struggling to win approval from Canadians on just about any issue, while showing sharp regional differences when it comes to the top priorities voters want Ottawa to tackle.
22.10 / 06:17
Citi
Bill
President
hospital
Canada confident Israel didn’t hit hospital: Blair
Defence Minister Bill Blair says that after an independent review by the Canadian military, Ottawa has a “high degree of confidence” that Israel did not strike the al-Ahli Hospital in Gaza City on Tuesday.
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