Category: Canadian

  • Australia’s central bank bars Canadian investment bank from private briefings after leak

    SYDNEY (Reuters) – Australia’s central bank has barred Canadian global investment bank from providing confidential briefings after one of its clients leaked details from a closed briefing, two sources familiar with the matter said on Tuesday. This is the second example of a leak after the Reserve Bank of Australia…

  • The Canadian Association of Occupational Therapists Launches a Petition to Fight for Better Coverage of OT Services Across Canada

    Article content OTTAWA, Ontario, Sept. 26, 2024 (GLOBE NEWSWIRE) — The Canadian Association of Occupational Therapists (CAOT) has launched a petition calling for improved insurance coverage for occupational therapy (OT) services across Canada. With more than 5,400 signatures so far, the association is urging Canadians to use their voices and…

  • Osgoode leading Canadian legal education with launch of micro-courses

    This section is Partnership Content Provided The content in this section has been provided by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumbs Path Links Globe Newswire Article author: Published on September 25, 2024 •…

  • Osgoode leading Canadian legal education with launch of micro-courses

    This section is Partnership Content Provided The content in this section has been provided by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumbs Path Links Globe Newswire Article author: Published on September 25, 2024 •…

  • Canadian dollar climbs on retail sales surprise. What’s next

    The Canadian dollar is in an interesting position at the moment. Locally, it is clear that the real estate markets painful It will take at least a 200 basis point rate cut to fix this. But that is coming. The government is also very unpopular but change is coming there…

  • Streaming Media Company Plex Now Offers Canadian Viewers Premium Movie Rentals Starting at $4.99

    This section is Partnership Content Provided The content in this section has been provided by GlobeNewswire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by Globe Newswire Breadcrumbs Path Links Globe Newswire Article author: Published on September 4, 2024 •…

  • Canadian GDP beat for all the wrong reasons. The market sees a chance of 50 bps next week

    On the face of it, Canada’s second-quarter GDP report looked good today at 2.1% annualized compared to 1.6% expected, and easily beating the Bank of Canada’s forecast of 1.5%. But the problem here is that the composition of growth was all wrong. Consumer spending rose at a mere 0.6% annual…

  • Canadian train workers back on the job as the government orders binding arbitration

    Canadian railway workers return to work after short-term shutdown at national railway. CN workers have removed picket lines while CP workers are still waiting for the official order but that should come soon. Labor Secretary Stephen McKinnon ordered the move: “These collective bargaining negotiations belong to Canadian National Railway, Canadian…

  • Forexlive Americas FX news wrap: Canadian CPI falls to 40-month low

    High Risk Warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage also creates additional risks and exposure to loss. Before deciding to trade foreign exchange, carefully consider your investment objectives, level of experience, and risk tolerance. You may lose some…

  • Steelworkers: U.S. Department of Commerce’s decision to double duties on Canadian softwood lumber is pure protectionism

    Article Content BURNABY, British Columbia, Aug. 17, 2024 (GLOBE NEWSWIRE) — The United Steelworkers (USW) has criticized the U.S. Department of Commerce’s decision to double tariffs on Canadian softwood lumber. “The U.S. Department of Commerce’s decision to double existing duties and tariffs on Canadian softwood lumber products is nothing more…

  • Canadian Crypto Exchange Founder Guilty Of Stealing $9.5M

    Recently, a panel set up by the British Columbia Securities Commission (BCSC) found that cryptocurrency exchange ezBtc was responsible for defrauding users of $13 million in Bitcoin (BTC) and Ether (ETH) between 2016 and 2029. The exchange’s founder misappropriated the funds and caused “actual loss” to investors. Cryptocurrency Savings Program…

  • Canadian Crypto Exchange Founder Guilty Of Stealing $9.5M

    Recently, a panel set up by the British Columbia Securities Commission (BCSC) found that cryptocurrency exchange ezBtc was responsible for defrauding users of $13 million in Bitcoin (BTC) and Ether (ETH) between 2016 and 2029. The exchange’s founder misappropriated the funds and caused “actual loss” to investors. Cryptocurrency Savings Program…

  • Canadian Red Cross announces financial assistance for people evacuated from Jasper due to wildfires in Alberta

    Article Content $750 will be provided to families evacuated from their primary residence in Jasper. OTTAWA, July 30, 2024 (GLOBE NEWSWIRE) — The Canadian Red Cross today announced it will provide $750 per household to people evacuated from their primary residence in Jasper, Alberta, to help individuals and families meet…

  • Blaze in Canadian tourist town still out of control but rain helping firefighters By Reuters

    By David Ljunggren OTTAWA (Reuters) – A massive wildfire that has destroyed about a third of the western Canadian tourist town of Jasper remains out of control but rain and cold weather are helping firefighters, authorities said on Friday. Jasper is located in the heart of Alberta’s mountainous Jasper National…

  • Canadian wildfire reaches Jasper, firefighters battle to protect oil pipeline By Reuters

    A wildfire reached the town of Jasper in the Canadian province of Alberta on Wednesday, authorities said, one of hundreds of blazes sweeping across the western provinces of Alberta and British Columbia, as firefighters struggle to save key facilities such as the Trans Mountain pipeline. Wildfires burning out of control…

  • Canadian CPI cements a Bank of Canada rate cut next week – CIBC

    The Bank of Canada is scheduled to meet on July 24, and economists are increasingly confident that interest rates will be cut. This is also reflected in interest rate derivatives, which now show a 93% chance of a rate cut. The consumer price index slowed to 2.7% from 2.9%, with…

  • USD/CAD bounces from the range low after soft Canadian jobs report. What’s next

    USD/CAD Daily The Canadian dollar fell after the unemployment rate rose in June to 6.4% from 6.2%. The market had expected it to rise slightly to 6.3% but the economy lost 1,400 jobs in the month and signs of weakness have mounted. That’s why the recent drop in USD/CAD could…

  • Suncor shuts Firebag oil sands site from Alberta wildfire, lifting Canadian crude prices

    RiverNorthPhotography/iStock Not published via Getty Images Canadian heavy crude prices rose for the second day After Suncor Energy Company (New York Stock Exchange: SU) said it had reduced production at its Firebag oil sands site, a day after withdrawing all essential workers as a precaution due to Forest fires are…

  • Canadian General Investments: Investment Update

    TORONTO, Canada, July 4, 2024 (GLOBE NEWSWIRE) — Canadian General Investments Limited (CGI) (TSX: CGI) (LSE: CGI) announced today that its net asset value (NAV) per share as of June 30, 2024 was $62.50, resulting in year-to-date and trailing 12-month NAV returns, including dividends reinvested, of 13.3% and 14.2%, respectively.…

  • Canadian dollar underperforms as the Fed gets a greenlight to cut

    The Canadian dollar performed poorly today and the move was puzzling at first but on second look shows why it makes sense. Today the Canadian dollar rose by 0.5% which is a good gain but much less than the +1.2% for the Australian and New Zealand dollars. The performance of…