City Ottawa Financial News

As politicians pitch tighter regulations on the short-term rental market as a path to housing affordability in Canada, there is renewed debate about whether tougher crackdowns on Airbnb and others like it will make a notable improvement.

By Kanishka Singh and Costas Pitas

The use of forceps and vacuum delivery tools during labour has resulted in an alarmingly high number of maternal traumas in Canada, such as severe perineal and cervical tears, according to a recent report.

The director of one of the groups seeking to buy a stake in the Trans Mountain pipeline says nothing less than “material” ownership by Indigenous people is acceptable if Ottawa is serious about reconciliation.

Ottawa has suspended in-person services at its consulates in India after the federal government pulled 41 diplomats out of the country.

Justin Trudeau said on Friday the Indian government's crackdown on Canadian diplomats was making normal life difficult for millions of people in both countries. Trudeau spoke a day after Canada said it had withdrawn 41 diplomats following an Indian threat to unilaterally revoke their status. New Delhi is angry that Trudeau last month suggested Indian agents might have been involved in the June murder of a Sikh separatist leader in Canada. «The Indian government is making it unbelievably difficult for life as usual to continue for millions of people in India and in Canada.

international norms were violated in India seeking parity in the mutual diplomatic presence in New Delhi and Ottawa. Canada had accused India of violating the Vienna Convention on Diplomatic Relations Foreign Minister Melanie Joly on Thursday that Canada has removed 41 diplomats and their 42 dependants from India amid the ongoing row between the two countries. «We reject any attempt to portray the implementation of parity as a violation of international norms,» the external affairs ministry said. The MEA statement noted that the state of the ties between India and Canada as well as Ottawa's continued presence in India's internal affairs warrant a «parity» in mutual diplomatic presence in New Delhi and Ottawa. «We have seen the Statement by the Government of Canada on October 19 regarding Canadian diplomatic presence in India,» the ministry statement read.

The federal government is forcing Canada’s big banks to take unresolved customer complaints to a single independent dispute-resolution body — one that three of the country’s largest financial institutions have stopped using over the years as a result of disagreements over how it dealt with complaints.

Strength in base metals and battery metals stocks helped Canada’s main stock index eke out a small gain, while U.S. stock markets were mixed.

Finance Minister Chrystia Freeland says she is directing the Financial Consumer Agency of Canada (FCAC) to work on making no- and low-cost bank accounts more readily available for Canadians.

Filipino officials say Canada will help the Philippines detect illegal fishing with its satellite surveillance system under a new agreement

By Steve Scherer and David Ljunggren

The woman who went to court to get an injunction against the “Freedom Convoy” last year is set to testify Monday in the criminal trial of two of the protest’s organizers.

A third Canadian has died in Israel following a weekend attack by the militant group Hamas, her family said in a statement shared Wednesday at a press conference by an Ottawa Jewish group.

Joly held a «secret meeting» with her Indian counterpart S Jaishankar in Washington last month, a media report has said, amid a diplomatic row between the two countries over the killing of a Sikh separatist leader in June. The report by the Financial Times on Tuesday came even as Canada is yet to comply with India's communication to Ottawa to withdraw over three dozen of its 62 diplomats in the country. The Ministry of External Affairs declined to comment when asked about the reported meeting.

The Financial Times reported citing sources. As per the report by FT, in the previous week, Trudeau and Joly said that Ottawa was attempting to address the dispute behind closed doors.

first learned on Sunday that Mizrachi was missing through a social media post by his former high school, King David High School in Vancouver, and confirmation from The Centre for Israel and Jewish Affairs.He is the second Canadian believed to have been killed in Israel since Hamas launched its attack Saturday.Israel has since retaliated with airstrikes in Gaza and by cutting off supplies of food, fuel, medicines and other goods.Alexander Look, from Montreal, is also believed to have been among those killed.

Good morning,

OTTAWA (Reuters) — Canada's economy added a net 63,800 jobs in September, more than tripling expectations, while the jobless rate stayed at 5.5%, Statistics Canada data showed on Friday.

Canadian diplomatic staff in the country to a level on par with the number of Indian diplomats in Canada. Canadian Prime Minister Justin Trudeau had sparked a diplomatic crisis last month after claiming that there were ‘credible allegations’ linking Indian government agents to the June murder.

The federal government will be taking five measures that mean food prices should stabilize “soon,” Industry Minister Francois-Philippe Champagne announced in Ottawa Thursday.