County Canadian Financial News

Stocks finished the day lower and were saved by a drop in rates following a solid 7-year auction. This pushed Treasury rates lower in the second half of the trading session.

visa processing services in the country. IRCC said in a statement a reduction in Canadian diplomatic staff in India may cause delays for Indian citizens in various services, such as visa processing and passport issuance. The statement also mentioned, “revoking diplomatic privileges and immunities is contrary to international law and this action taken by India is unreasonable and escalatory.

Bill Ackman, who traditionally invests in stocks, earned roughly $200 million from a bet against U.S. 30-year Treasury bonds, a person familiar with the trade said on Wednesday. Ackman said on Monday on X, «we covered our bond short» some 12 weeks after he announced the bet on the messaging platform formerly known as Twitter. «The economy is slowing faster than recent data suggests,» Ackman said in the post, adding «There is too much risk in the world to remain short bonds at current long-term rates.» The Financial Times first reported news of the gain. Stocks including Chipotle Mexican Grill, Alphabet Inc, Restaurant Brands International, and Canadian Pacific Kansas City Limited make up the bulk of the Pershing Square portfolio, which is mainly set up to benefit from equities moving higher.

When the Canada Pension Plan was introduced to Canadians in the 1960s, it was sold as an alternative to a fraying old-age security program that guaranteed only $75 a month and had run up a $670-million deficit.  

Foreign control in the Canadian economy has been steadily declining over the last decade, government data shows.

Edelweiss Financial Services Ltd, said on Monday it has wrapped up fundraising for its third special-situations fund. The alternative investment firm has raised $1 billion (about ₹8,000 crore) and has so far invested over 40% of this across 40 deals. Special situations funds are not designed for long-term investment but are instead a way for businesses to access working capital relatively quickly and easily.

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.

Canada withdrawing 41 of its diplomats from India amid a diplomatic row between the two countries after the killing of a Sikh separatist, consultants and agents in Punjab apprehend delay in processing of visa applications for that country. Prospective students from Punjab may bear the brunt because of the likely delay in visa, they fear.

UK government has expressed its disagreement with Indian government decisions, which it believes resulted in the departure of Canadian diplomats amid an ongoing standoff between India and Canada over the killing of a Sikh separatist. The move impacted the effective functioning of the Vienna Convention on Diplomatic Relations, a statement from the Foreign, Commonwealth and Development Office (FCDO) said on Friday.

Canada removes 41 diplomats from India amid escalating diplomatic tension In-person consular services will remain available at the Canada high commission in the capital New Delhi. Canada has withdrawn 41 diplomats from India this week.

Nijjar Killing row: Amid escalating tension between India and Canada that began last month over the killing of Canada-based pro-Khalistan terrorist Hardeep Singh Nijjar in British Columbia's Surrey in July this year. In the latest crackdown of events, Canada has claimed that they had held numerous ‘meetings’ with India to make them aware of the ‘credible allegations’ that state India and its intelligence agency was involved in the killing.

India after the Indian government said it would revoke their diplomatic immunity, escalating a spat over the slaying of a Sikh separatist in Canada. The moves come after Canada's allegations that India may have been involved in the June killing of Canadian citizen Hardeep Singh Nijjar in suburban Vancouver. India has accused Canada of harbouring separatists and «terrorists,» but dismissed the allegation of its involvement in the killing as «absurd» and has taken diplomatic steps to express its anger over the accusation.

Competitive forces have been on the decline in Canada at the same time as profits and price markups are on the rise, a new report from the Competition Bureau finds.

Stéphanie Cabossioras has stepped down from her role as the executive director of Binance France, becoming at least the 10th senior executive to leave Binance this year.

Binance France's general manager has decided to step down from her role after one year and six months, adding her name to the list of senior executives to leave the largest crypto exchange this year.

Canadian consumers got something of a reprieve in September, with inflation moderating to a 3.8 per cent annualized pace, down from four per cent a month before.

Editor’s note: an earlier version of this story incorrectly reported that Tiferet Lapidot was a citizen of Israel and Canada. She was solely a citizen of Israel. 

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

Netta Epstein, was sheltering with his girlfriend in a safe room at the Kfar Aza kibbutz when Hamas gunmen somehow broke inside.They shot him and tossed the explosive at the couple but Epstein smothered it with his body, his mother told Global News. His girlfriend, Irene Shavit, survived and was later rescued.Epstein was born in Israel but had Canadian citizenship through his grandmother, who was born in Montreal, said his mother, also a Canadian. He served in the Israel Defence Force until August.“It’s really important that the world knows what we went through,” Shachar-Epstein said.

(Reuters) — Canadian labor union Unifor on Sunday said its members had voted in favor of a contract with General Motors (NYSE:GM), a relief for the automaker as it also faces a larger strike by hourly workers in the United States.

It is worth noting that Saudi Arabia, Iran and Qatar not only extended their support to Palestine, but also criticised Israel over its treatment of Palestinians. Egypt is also extending its support to Palestine and is also providing humanitarian assistance to Gaza. The nation also condemned any displacement of Palestinians from North Gaza.