County Canadian Financial News

Jeanne du Barry, starring Johnny Depp and Maïwenn, impressed audiences at the Cannes Film Festival and later in France. As it gears up for a US and Canadian release, a new trailer unveils the film's intricate narrative. Trailer

Israel-Hamas war has led to destruction of infrastructure worth $18.5 billion On Monday, an Israeli military strike resulted in the tragic deaths of seven aid workers from the non-profit organisation World Central Kitchen as they were delivering food to starving civilians in Gaza. The workers were traveling in two armoured cars marked with the charity's logo and another vehicle.

Benjamin Netanyahu admitted Tuesday that Israel's military had «unintentionally» killed seven aid workers with a US charity in an air strike in Gaza. World Central Kitchen had already said a «targeted attack» by Israeli forces on Monday had killed the group, which included Australian, British, Palestinian, Polish and US-Canadian employees.

As Canada’s immigration grows, a new study suggests babies born to immigrant parents are at an increased risk of complications at birth.The rate of stillbirth, which is fetal death occurring after 20 weeks of gestation or at a birth weight of at least 500 grams, was higher among immigrant parents when compared to native Canadians, according to research published in the Canadian Medical Association Journal (CMAJ) Tuesday.The likelihood of preterm birth, when the baby is born before 37 weeks of pregnancy are completed, was also higher for immigrant parents admitted into Canada on an economic and family reunification basis, as well as for refugees.Researchers at McGill University and Université de Montréal looked at Statistics Canada data of nearly eight million Canadian births – out of which 21 per cent were to immigrants – over a 25-year period between 1993 and 2017.“We found differences in outcomes not only between Canadian-born parents and immigrants, but also by the admission category among immigrants,” said Seungmi Yang, study co-author and associate professor in the department of epidemiology, biostatistics and occupational health at McGill University, in an interview with Global News.“Births to immigrant parents had increased risk of several but not all adverse outcomes,” the authors wrote in the study.While the risk of small for gestational age (SGA) birth was higher among the immigrant population, there was a lower risk of large for gestational age (LGA) birth compared to Canadian-born parents, the study found.SGA birth is when the baby is born with a birth weight below the 10th percentile among an infant population of the same sex and gestational age.

The recent demise of Lynx Air leaves Flair Airlines alone holding the banner for ultra-low-cost carriers in the Canadian airspace.

Four of the largest school boards in the Canadian province of Ontario have launched lawsuits against TikTok, Meta and SnapChat alleging the social media platforms are disrupting student learning

By Atakan Bakiskan

The Canadian province of Quebec had big plans of becoming the “battery of the U.S. northeast" by feeding power generated from its dams and other hydro plants to millions of people in Vermont, Massachusetts and New York state. Now, dry conditions that have affected energy output worldwide are forcing one of the world’s largest hydropower producers to cut exports.

Manulife Financial Corp. has struck another deal to offload some of its less-profitable assets, agreeing to reinsure $5.8 billion of Canadian policies with RGA Life Reinsurance Co. of Canada.

Foreign Affairs Minister Melanie Joly says Canada has airlifted 18 Canadians out of Haiti, as assisted departures began from the Caribbean nation on Monday.

Canadian and Ontario governments' COVID lockdown efforts and vaccination mandates on X. Her outspoken stance drew harassment from legacy media, censorship from prior Twitter management, and investigations by the College of Physicians and Surgeons of Ontario (CPSO), resulting in "cautions" being placed on her permanent public record. The legal battles drained Gill's life savings, leaving her with a staggering $300,000 court judgment due on Monday.

When it comes to happiness worldwide, Canadians appear to be a pretty content bunch, according to the 2024 World Happiness Report.

MONTREAL (Reuters) — Airbus has changed its tone in bargaining with Montreal-area A220 jet assembly workers following the start of pressure tactics to slow production, according to a union memo to members on Tuesday seen by Reuters.

The chief executives of Canada’s three largest telecom companies stressed that phone and internet prices are coming down during an appearance before MPs on Monday, citing increased data usage, high spectrum costs and regulatory conditions as some reasons Canadians may feel otherwise.

Azure Power Global Limited, India’s first renewable energy company to have listed in the US, is exploring a possible stake sale to a strategic partner or even a complete sale of the business, two people aware of the development said. The company has called a special meeting of shareholders on 20 March at its Gurugram office, according to a 9 February statement. Azure Power, which listed on the New York Stock Exchange in 2016 and subsequently delisted in 2023, has backers in Canadian pension funds Caisse de dépôt et placement du Québec (CDPQ) and Ontario Municipal Employees’ Retirement System (OMERS), which hold 53.4% and 21.4% stake, respectively, in the company.

By Naveen Thukral

immigration Minister, Marc Miller, recently announced two new pilot immigration programs aimed at benefitting the rural and Francophone minority communities. Immigration, Refugees and Citizenship Canada (IRCC) will also work toward creating a permanent rural immigration program, states a release. The two pilots announced are the Rural Community Immigration Pilot and the Francophone Community Immigration Pilot.

By Jason Clemens, Grady Munro and Milagros Palacios

The number of Canadians worried about defaulting on a mortgage or major loan payment rose in February, according to a long-running survey that tracks people’s financial outlooks.

Last week, 92 prominent senior executives, investment managers and individual investors signed an open letter to the federal and provincial ministers of finance expressing concern with “the decline in Canadian investments by pension funds and its impact on the Canadian economy.” Aggregate public and private Canadian equity investments are down to about a tenth of the total of more than $3 trillion in total pension assets.

OTTAWA (Reuters) — The Canadian province of Quebec on Tuesday forecast its 2024/25 budget deficit would hit a record C$11 billion from the C$4 billion forecast last November and blamed a sluggish global economy and investments in public services.