Value of Canada building permits up 14.1% in November
Jan 9 (Reuters) – The value of Canadian building permits rose by a 14.1% in November from October, Statistics Canada said on Monday. The residential …
Canada
Canada imposes sanctions on 2 Iranian individuals, 3 entities
OTTAWA (Reuters) – Canada is imposing sanctions on two Iranian individuals and three entities over human right violations, the Canadian foreign ministry said in a …
Biden to focus on fentanyl in Mexico, Canada talks
WASHINGTON (Reuters) – President Joe Biden hopes to focus on the flow of fentanyl into the United States during a Mexico City meeting with leaders …
Canada factory sector posts longest slowdown in 7 years
TORONTO (Reuters) – Canadian manufacturing activity contracted at a slightly faster rate in December as an uncertain economic outlook and high inflation undercut demand, while …
Canada, others seek formal arbitration with Iran over downed jet
By Ismail Shakil OTTAWA (Reuters) – Canada, Britain, Sweden and Ukraine on Wednesday called on Tehran to settle a dispute over accountability and reparations for …
Canada ‘keen’ on resolution for First Quantum in Panama
By Steve Scherer OTTAWA (Reuters) -Canada’s trade minister has been in contact with her counterpart in Panama in an effort to resolve a dispute over …
Canada posts C$174 million deficit over first seven months of 2022/23
OTTAWA, Dec 23 (Reuters) – Canada recorded a C$174 million ($127.91 million) budget deficit for the first seven months of the 2022/23 fiscal year, partly …
Canada October retail sales up 1.4% on gasoline, seen down 0.5% in November
By Steve Scherer OTTAWA (Reuters) – Canadian retail sales rose by 1.4% in October from September, data showed on Tuesday, but an estimate for November …
Biden to travel to Mexico City to meet with leaders of Mexico, Canada on Jan 9-10
(Reuters) – President Joe Biden will to travel to Mexico City on January 9 for a two-day trip where he will meet with the leaders …
Warner Bros launches Discovery+ on Amazon Prime Video in Canada
(Reuters) – Warner Bros Discovery Inc on Tuesday launched its Discovery+ streaming service on Amazon.com’s Prime Video platform in Canada. Prime users can sign up …
Bank of Canada says higher rates are starting to work, frets over inflation risk
OTTAWA, Dec 12 (Reuters) – The Bank of Canada’s rapid-fire rate hikes are starting to slow the economy, the governor said on Monday, but while …
Trade panel sides with Mexico, Canada in auto rules dispute, Mexico says
MEXICO CITY (Reuters) – A dispute panel under a regional trade pact has sided with Mexico and Canada against the United States in a disagreement …
Bank of Canada will likely need to hold rates above 4% in 2023 -IMF
OTTAWA (Reuters) – The Bank of Canada will likely need to keep interest rates at or above 4% for most of 2023 to cool an …
Canada adds sanctions on Russia, Iran, Myanmar over human rights
By Kanishka Singh (Reuters) – Canada on Friday imposed fresh sanctions on Russia, Iran and Myanmar, citing alleged human rights violations by their governments. The …
Canada police suspends contract with China-linked company
OTTAWA (Reuters) – The Royal Canadian Mounted Police (RCMP) has suspended a communications equipment contract that was awarded to a company with links to the …
Marketmind: Bonds lap up crude, costs and Canada
A look at the day ahead in U.S. and global markets from Mike Dolan. The big consensus bet of 2023 is already in full swing …
Bank of Canada increases rates by 50 bps, says hikes may be over
TORONTO (Reuters) – The Bank of Canada on Wednesday hiked its benchmark overnight interest rate by 50 basis points to 4.25%, the highest level in …
Bank of Canada increases rates by 50 bps, says hikes may be over
OTTAWA, Dec 7 (Reuters) – The Bank of Canada on Wednesday hiked its benchmark overnight interest rate by 50 basis points to 4.25%, the highest …
Canada exports rose in October helped by weak dollar
By Ismail Shakil OTTAWA (Reuters) – Canada’s exports rose in October, largely driven by pharmaceutical products, while imports were also up, largely as a result …
German parliament votes to ratify CETA trade agreement with Canada
BERLIN (Reuters) – Germany’s Bundestag lower house of parliament voted by a majority on Thursday to back the ratification of the European Union’s free trade …
VW eyes Canada in search for first North America cell plant – source
BERLIN (Reuters) – Volkswagen and its battery subsidiary PowerCo SE have begun searching for a site for the carmaker’s first battery cell factory in North …
National Bank of Canada quarterly profit falls on higher expenses, provisions
(Reuters) – National Bank of Canada posted a lower fourth-quarter profit on Wednesday, as the Canadian lender set aside higher provisions in the face of …
Analysis-RBC tightens grip at home with $10 billion HSBC Canada bid, regulatory risks loom
By Divya Rajagopal and Saeed Azhar TORONTO/NEW YORK (Reuters) – Royal Bank of Canada’s swift move to buy HSBC’s Canada unit for C$13.5 billion ($10 …
Decision on North American auto rules dispute ‘imminent’, Canada says
MEXICO CITY (Reuters) – A decision should be made very soon on a dispute pitting Canada and Mexico against the United States on the interpretation …
Canada posts C$1.72 billion surplus over first six months of 2022/23
OTTAWA, NOV 25 (Reuters) – Canada recorded a C$1.72 billion ($1.29 billion) budget surplus for the first six months of the 2022/23 fiscal year, helped …
Manulife to outsource Canada real estate services to JLL, resulting in 50 job cuts
By Divya Rajagopal and Bhanvi Satija (Reuters) -Manulife Financial Corp will outsource its property operations in Canada to focus on its entrepreneurial investment management unit, …
Canada house prices to tumble 17.5% peak to trough, say analysts: Reuters Poll
By Indradip Ghosh BENGALURU (Reuters) – Once burning-hot Canadian house prices are expected to tumble a total 17.5% from their peak, roughly double the fall …
Bank of Canada says high rates starting to work, housing and debt a worry
By Steve Scherer and David Ljunggren OTTAWA (Reuters) – Higher interest rates are starting to slow the Canadian economy, the Bank of Canada said on …
Biden’s ‘Green’ Agenda Could End Up Sending Taxpayer Cash To Chinese-Owned Mines In Canada
Biden’s ‘Green’ Agenda Could End Up Sending Taxpayer Cash To Chinese-Owned Mines In Canada Jack McEvoy on November 22, 2022 The Biden administration is seeking …
Canada imposes new sanctions on Haitian politicians – statement
OTTAWA (Reuters) – Canada on Friday imposed sanctions on three Haitian politicians, including a former president of the country’s Chamber of Deputies, with Ottawa accusing …
Canada October producer prices up 2.4% on petroleum products
Nov 18 (Reuters) – Producer prices in Canada rose by 2.4% in October from September on higher prices for refined petroleum energy products, Statistics Canada …
Canada ‘very unlikely’ to join OPEC-like group for nickel -gov’t source
By Steve Scherer OTTAWA (Reuters) – Canada has not committed to establishing an OPEC-like organization for nickel-producing countries with Indonesia and is “very unlikely” to …
Canada annual inflation rate holds steady at 6.9% in October
TORONTO (Reuters) – Canada’s annual inflation rate held steady at 6.9% in October, matching analyst forecasts, as higher gasoline prices and mortgage interest costs offset …
Canada corporate bond market issuance perking up again
By Divya Rajagopal TORONTO (Reuters) – Canadian corporate bond issuance has begun to rebound after a lull of 10 months, with companies plotting expansion plans …
Canada September wholesale trade up 0.1% on pharmaceuticals
Nov 15 (Reuters) – Canadian wholesale trade increased by 0.1% in September from August on the higher sales in the personal and household goods subsector, …
Canada September factory sales flat on aerospace, metals
Nov 15 (Reuters) – Canadian factory sales were unchanged in September from August as higher sales in aerospace products and primary metals balanced out lower …
Canada, Nigeria target oil and gas methane emissions with new laws
By Kate Abnett and Valerie Volcovici SHARM EL SHEIKH (Reuters) – Oil and gas producers Canada and Nigeria have become the latest countries to tackle …
Livent looks to Canada for lithium growth opportunities – CEO
By Ernest Scheyder (Reuters) – Lithium producer Livent Corp is eyeing acquisitions in Canada and other countries as it looks to boost its production and …
Canada cuts 2023 GDP forecast but says economy to avoid recession
TORONTO (Reuters) – Canadian Finance Minister Chrystia Freeland on Thursday unveiled an economic update, slashing 2023 real GDP forecast to 0.7%, but said the economy …
Canada cuts 2022/23 deficit forecasts, pledges targeted new spending
OTTAWA (Reuters) – Canada set out on Thursday C$11.3 billion ($8.2 billion) in new spending this year and next, and slashed its budget deficit forecast …
Factbox-Highlights from Canada government’s fall economic statement
OTTAWA (Reuters) – Below are some of the key proposals and takeaways from the annual fall economic statement unveiled by Canada’s Finance Minister Chrystia Freeland …
Canada to start targeting draws for skilled immigrants next year
By Julie Gordon OTTAWA (Reuters) – Canada will do targeted draws for skilled immigrants for the first time starting next year, allowing it to cherry …
Canada to propose taxing corporate stock buybacks – source
By Steve Scherer OTTAWA (Reuters) – Canada will on Thursday propose a tax on corporate stock buybacks, a senior government source said, similar to a …
Canada orders three foreign firms to divest investments in critical minerals
OTTAWA (Reuters) – Canada’s government ordered three foreign firms on Wednesday to divest their investments in Canadian critical minerals companies on grounds of national security. …
Suncor Fort Hills deal hints at new strategy for Canada oil sands mine replacement
By Nia Williams and Rod Nickel (Reuters) – Suncor Energy’s acquisition of a larger stake in the Fort Hills oil sands project is a sign …
Canada imposes fresh Iran sanctions over human rights violations
(Reuters) – Canada on Monday imposed fresh sanctions on Iran, marking the fourth package of sanctions it has implemented for alleged human rights violations in …
Canada raising money for Ukraine with sale of bonds
By Rod Nickel WINNIPEG (Reuters) -Canada will sell a government-backed, 5-year bond to raise money for Ukraine, the first country to do so, and it …
Air Canada revenue more than doubles on strong travel demand
(Reuters) – Air Canada said on Friday its quarterly revenue more than doubled as it flew more people, helped by strong summer travel demand, but …
Worried by Haiti violence, Canada sends delegation
WASHINGTON (Reuters) -Canada has sent officials to Haiti to assess the Caribbean nation’s humanitarian and security crisis, saying it will not sit by idly while …
Canada police arrest Syria returnee on terrorism-related charges
OTTAWA (Reuters) – Canadian police said on Wednesday they had arrested a woman on her return to Canada after 5 years in detention by the …