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canada’s

Canada’s Couche-Tard in talks on $3.3 billion TotalEnergies stores deal

March 16, 2023
Canada's couche-tard in talks on $3. 3 billion totalenergies stores deal - photo licensed by shore news network.

(Reuters) – Convenience store operator Alimentation Couche-Tard is in exclusive talks to buy some of French energy company TotalEnergies retail assets for 3.1 billion euros …

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Canada’s Purolator to invest C$1 billion to electrify fleet amid green transition

March 9, 2023
Canada's purolator to invest c$1 billion to electrify fleet amid green transition - photo licensed by shore news network.

(Reuters) – Canada-based delivery and logistics firm Purolator Inc, largely owned by Canada Post, said on Thursday it plans to invest about C$1 billion ($727.17 …

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Canada’s finance minister says she is preparing budget with fiscal constraint in mind

March 8, 2023
Canada's finance minister says she is preparing budget with fiscal constraint in mind - photo licensed by shore news network.

(Reuters) – Canada’s Finance Minister Chrystia Freeland said on Wednesday she is preparing a budget, expected sometime this spring, with fiscal constraint in mind and …

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Canada’s Ivey PMI shows activity expanding at slower pace in February

March 6, 2023
Canada's ivey pmi shows activity expanding at slower pace in february - photo licensed by shore news network.

OTTAWA (Reuters) – Canadian economic activity expanded at a slower pace in February, Ivey Purchasing Managers Index (PMI) data showed on Monday. The seasonally adjusted …

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Canada’s economy unexpectedly stalled in Q4; January rebound likely

February 28, 2023
Canada's economy unexpectedly stalled in q4; january rebound likely - photo licensed by shore news network.

TORONTO (Reuters) – The Canadian economy recorded no growth in the final three months of 2022, massively underperforming expectations, though economic activity likely rebounded with …

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Canada’s Scotiabank profit falls on capital market slump, provisions

February 28, 2023
Canada's scotiabank profit falls on capital market slump, provisions - photo licensed by shore news network.

(Reuters) – Bank of Nova Scotia (Scotiabank) reported a lower first-quarter profit on Tuesday, as a lull in its investment banking division dented income from …

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Canada’s PM Trudeau says teams looking to find, analyze object shot down over Yukon

February 12, 2023
Canada's pm trudeau says teams looking to find, analyze object shot down over yukon - photo licensed by shore news network.

OTTAWA (Reuters) – Canadian Prime Minister Justin Trudeau on Sunday said teams are looking for the cylindrical object a U.S. fighter jet shot down over …

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Bank of Canada’s Q3 loss spurs government to fix central bank equity problem

January 26, 2023
Bank of canada's q3 loss spurs government to fix central bank equity problem - photo licensed by shore news network.

By Fergal Smith TORONTO (Reuters) – After the Bank of Canada posted its first ever quarterly loss, the federal government plans to introduce legislation enabling …

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Canada’s Sun Life clinches $192 million bancassurance deal with Dah Sing Bank

January 19, 2023
Canada's sun life clinches $192 million bancassurance deal with dah sing bank - photo licensed by shore news network.

SINGAPORE (Reuters) -Sun Life Financial Inc has struck a 15-year bancassurance partnership in Hong Kong with Dah Sing Bank, a move that is likely to …

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Canada’s First Quantum could suspend Panama jobs due to gov’t order to halt operations

January 8, 2023January 8, 2023
Canada's first quantum could suspend panama jobs due to gov't order to halt operations - photo licensed by shore news network.

By Valentine Hilaire PANAMA CITY (Reuters) -Canada-based miner First Quantum would suspend a “significant amount” of jobs at its operations in Panama if the Central …

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Canada’s Ivey PMI hits 2-1/2 year low as firms slash inventories

January 6, 2023
Canada's ivey pmi hits 2-1/2 year low as firms slash inventories - photo licensed by shore news network.

TORONTO (Reuters) – Canadian economic activity contracted in December at the sharpest pace since the early stages of the COVID-19 pandemic as firms worked to …

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Panama, Canada’s First Quantum talks to continue on Wednesday – sources

December 27, 2022
Panama, canada's first quantum talks to continue on wednesday - sources - photo licensed by shore news network.

By Valentine Hilaire PANAMA CITY (Reuters) – Representatives for Panama’s government and Canada’s First Quantum Minerals are set to meet on Wednesday for a third …

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Bombardier CEO voices concerns over awarding Canada’s defense contract to Boeing

December 21, 2022
Bombardier ceo voices concerns over awarding canada's defense contract to boeing - photo licensed by shore news network.

(Reuters) – Bombardier Inc Chief Executive Eric Martel voiced concerns over Canada’s potential plan to buy reconnaissance jets directly from Boeing Co instead of tapping …

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Canada’s inflation eases a notch, leaves door open for another rate hike

December 21, 2022December 21, 2022
Canada's inflation eases a notch, leaves door open for another rate hike - photo licensed by shore news network.

By Ismail Shakil and Steve Scherer OTTAWA (Reuters) – Canada’s annual inflation rate eased to 6.8% in November as gasoline price rose more slowly, data …

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Canada’s Trudeau to attend N.American leaders’ summit Jan. 10

December 20, 2022December 20, 2022
Canada's trudeau to attend n. American leaders' summit jan. 10 - photo licensed by shore news network.

OTTAWA (Reuters) – Canada Prime Minister Justin Trudeau will travel to Mexico City to participate in the North American Leaders’ summit on Jan. 10, his …

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Bank of Canada’s inflation fight made harder as bond yields fall

December 15, 2022December 15, 2022
Bank of canada's inflation fight made harder as bond yields fall - photo licensed by shore news network.

By Fergal Smith and Steve Scherer TORONTO (Reuters) – The Bank of Canada likely faces a challenge in 2023 convincing markets not to expect a …

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Canada’s Ivey PMI shows activity growing at faster pace in November

December 6, 2022
Canada's ivey pmi shows activity growing at faster pace in november - photo licensed by shore news network.

TORONTO (Reuters) – Canadian economic activity expanded at a faster pace in November and a measure of price pressures cooled, Ivey Purchasing Managers Index (PMI) …

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Canada’s deep yield curve inversion adds to BoC rate hike dilemma

December 4, 2022December 4, 2022
Canada's deep yield curve inversion adds to boc rate hike dilemma - photo licensed by shore news network.

By Fergal Smith TORONTO (Reuters) – As the Bank of Canada considers ditching oversized interest rate hikes, it is dealing with an economy likely more …

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BoC’s Macklem: No threat to independence of Canada’s central bank – report

October 30, 2022October 30, 2022
Boc's macklem: no threat to independence of canada's central bank - report - photo licensed by shore news network.

(Reuters) – Bank of Canada Governor Tiff Macklem was quoted in a published report on Sunday saying that he feels no threat to the institution’s …

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Canada’s Trudeau says clear action plan needed to address Haiti crisis

October 28, 2022
Canada's trudeau says clear action plan needed to address haiti crisis - photo licensed by shore news network.

By Rod Nickel WINNIPEG (Reuters) – Canadian Prime Minister Justin Trudeau on Friday said a clear plan of action was needed before any mission to …

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Canada’s growth slows in the summer as a smaller rate hike eyed

October 28, 2022
Canada's growth slows in the summer as a smaller rate hike eyed - photo licensed by shore news network.

By Julie Gordon OTTAWA (Reuters) -Canada’s economy grew slightly more than expected in August and most likely stayed in positive territory through the summer, official …

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Canada’s fiscal update won’t make central bank’s job harder -sources

October 27, 2022
Canada's fiscal update won't make central bank's job harder -sources - photo licensed by shore news network.

By Steve Scherer OTTAWA (Reuters) – Canada’s Liberal-led government will keep its powder dry when it unveils a fiscal update next month, and though it …

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Canada’s Ontario ups foreign home buyers speculation tax to 25%

October 25, 2022October 25, 2022
Canada's ontario ups foreign home buyers speculation tax to 25% - photo licensed by shore news network.

(Reuters) – The Ontario government said on Tuesday it was raising the real estate speculation tax for foreign buyers to 25% from 20% under a …

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Facebook threatens to block news content over Canada’s revenue-sharing bill

October 21, 2022October 21, 2022
Facebook threatens to block news content over canada's revenue-sharing bill - photo licensed by shore news network.

By Ismail Shakil OTTAWA (Reuters) – Facebook warned on Friday that it may block sharing of news content on its platform in Canada over concerns …

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Exclusive-Ottawa and Alberta clash over who must pay to lift Canada’s carbon capture credits

October 21, 2022
Exclusive-ottawa and alberta clash over who must pay to lift canada's carbon capture credits - photo licensed by shore news network.

By Steve Scherer and Nia Williams OTTAWA (Reuters) -Canada’s federal government and the main oil producing province of Alberta are at odds over who should …

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Canada’s No. 2 pension fund Caisse sees opportunities in battered bond market

October 21, 2022October 20, 2022
Canada's no. 2 pension fund caisse sees opportunities in battered bond market - photo licensed by shore news network.

By Divya Rajagopal TORONTO (Reuters) – Canada’s second largest pension fund Caisse de dépôt et placement du Québec sees opportunities in global fixed income assets …

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Canada’s CIBC adds former finance minister Morneau to board

October 18, 2022
Canada's cibc adds former finance minister morneau to board - photo licensed by shore news network.

(Reuters) – Canadian Imperial Bank of Commerce said on Tuesday the country’s former finance minister, Bill Morneau, will join its board of directors effective Nov …

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Danielle Smith sworn in as premier of Canada’s oil province Alberta

October 11, 2022October 11, 2022

By Nia Williams (Reuters) -Danielle Smith was sworn in as premier of Canada’s main oil-producing province Alberta on Tuesday, days after winning the United Conservative …

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Canada-U.S. asylum-seeker pact fight goes to Canada’s Supreme Court

October 6, 2022
Canada-u. S. Asylum-seeker pact fight goes to canada's supreme court - photo licensed by shore news network.

By Anna Mehler Paperny TORONTO (Reuters) – Canada’s Supreme Court Justices questioned whether asylum-seekers that Canada sends back to the United States are really automatically …

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Canada’s Teck eyes spinoff or divestment of Fort Hills oil sands stake

September 29, 2022
Canada's teck eyes spinoff or divestment of fort hills oil sands stake - photo licensed by shore news network.

By Nia Williams (Reuters) – Canada’s Teck Resources said on Thursday it could pursue a spinoff or divestment of its stake in the Fort Hills …

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Ukraine’s Zelenskiy says he asked Canada’s Trudeau for help in removing landmines

September 28, 2022
Ukraine's zelenskiy says he asked canada's trudeau for help in removing landmines - photo licensed by shore news network.

(Reuters) – Ukrainian President Volodymyr Zelenskiy said he had called on Canada on Wednesday to lead an unprecedented drive to rid his country of landmines …

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Storm Fiona batters Canada’s eastern fishery, farms

September 26, 2022
Storm fiona batters canada's eastern fishery, farms - photo licensed by shore news network.

By Rod Nickel WINNIPEG, Manitoba (Reuters) – Powerful storm Fiona slammed into Canada’s eastern fishing and farm industries over the weekend, smashing wharves, food processing …

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Canada’s Housing Bubble May Have Just Popped

September 22, 2022
Canada’s housing bubble may have just popped - photo licensed by shore news network.

Canada’s Housing Bubble May Have Just Popped John Hugh DeMastri on September 21, 2022 A housing bubble that has been causing pain for Canadian homeowners …

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Canada’s Trudeau set to announce inflation relief for low incomes – source

September 8, 2022
Canada's trudeau set to announce inflation relief for low incomes - source - photo licensed by shore news network.

By Steve Scherer VANCOUVER (Reuters) – Canadian Prime Minister Justin Trudeau is set to unveil measures on Thursday to provide inflation relief to low-income families, …

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Canada’s Ivey PMI shows activity expanding in August

September 7, 2022
Canada's ivey pmi shows activity expanding in august - photo licensed by shore news network.

TORONTO (Reuters) – Canadian economic activity expanded in August as employment increased at a faster pace, Ivey Purchasing Managers Index (PMI) data showed on Wednesday. …

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Canada’s Conservatives set to embrace populist to take on Trudeau

September 1, 2022
Canada's conservatives set to embrace populist to take on trudeau - photo licensed by shore news network.

By Steve Scherer OTTAWA (Reuters) – Canada’s Conservatives next month look set to embrace a career politician who has promised to fire the central bank …

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Canada’s Alberta forecasts much bigger 2022-23 budget surplus of C$13.2 billion

August 31, 2022
Canada's alberta forecasts much bigger 2022-23 budget surplus of c$13. 2 billion - photo licensed by shore news network.

(Reuters) – Canadian oil-producing province Alberta expects a budget surplus of C$13.2 billion ($10.1 billion) in the 2022-23 fiscal year, significantly higher than the C$511 …

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Expected slow return to Canada’s inflation target defuses rate-cut bets

August 18, 2022
Expected slow return to canada's inflation target defuses rate-cut bets - photo licensed by shore news network.

By Fergal Smith TORONTO (Reuters) – Canadian inflation is not likely to return to the central bank’s 2% target until 2024 after possibly peaking in …

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Canada’s inflation rate eases to 7.6% in July on gasoline

August 16, 2022
Canada's inflation rate eases to 7. 6% in july on gasoline - photo licensed by shore news network.

OTTAWA – Canada’s annual inflation rate slowed to 7.6% in July, a two-month low but still far above the Bank of Canada’s 2% target, as …

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Bank of Canada’s ‘soft landing’ scenario hits the rocks in bond market

August 11, 2022
Bank of canada's 'soft landing' scenario hits the rocks in bond market - photo licensed by shore news network.

By Fergal Smith TORONTO – Canada’s inverted yield curve is signaling the Bank of Canada may raise interest rates to a level that triggers a …

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Canada’s Ivey PMI shows activity contracting in July

August 5, 2022
Canada's ivey pmi shows activity contracting in july - photo licensed by shore news network.

TORONTO – Canadian economic activity contracted in July for the first time this year as employment growth slowed and prices cooled, Ivey Purchasing Managers Index …

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Canada’s Inuit seek Pope’s help to return accused priest from France

July 21, 2022
Canada's inuit seek pope's help to return accused priest from france - photo licensed by shore news network.

By Rod Nickel WINNIPEG, Manitoba – Canada’s Inuit people will press Pope Francis to help return a retired Roman Catholic priest accused of sexual abuse …

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Canada’s Rogers names new technology chief weeks after massive outage

July 21, 2022
Canada's rogers names new technology chief weeks after massive outage - photo licensed by shore news network.

(Reuters) – Rogers Communications Inc on Thursday appointed Ron McKenzie as its new chief technology and information officer, weeks after an unprecedented outage at one …

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Canada’s June housing starts fall 3% from May

July 18, 2022
Canada's june housing starts fall 3% from may - photo licensed by shore news network.

OTTAWA – Canadian housing starts in June fell 3% from the previous month on a decline in both multi-unit urban and single-detached starts, data from …

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Canada’s Rogers CEO vows investments to avoid repeat of massive outage

July 13, 2022
Canada's rogers ceo vows investments to avoid repeat of massive outage - photo licensed by shore news network.

(Reuters) – Rogers Communications Inc has pledged to make the investments needed to avoid massive outages of the kind that crippled customer communications across Canada …

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As Canada’s government spends, central bank bears burden of taming inflation

July 6, 2022
As canada's government spends, central bank bears burden of taming inflation - photo licensed by shore news network.

By Fergal Smith TORONTO – Canadian government spending is leaving the Bank of Canada to work alone to rein in the highest inflation rate in …

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Canada’s emergency rooms bear the brunt of a ‘perfect storm’

July 3, 2022
Canada's emergency rooms bear the brunt of a 'perfect storm' - photo licensed by shore news network.

By Anna Mehler Paperny TORONTO – Health authorities across Canada have cut the hours of hospital emergency departments and urgent care clinics in recent weeks, …

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Analysis-What slowdown? Canada’s economy to top G7 on high oil, crop prices

June 29, 2022
Analysis-what slowdown? Canada's economy to top g7 on high oil, crop prices - photo licensed by shore news network.

By Julie Gordon and Rod Nickel OTTAWA/WINNIPEG – Surging oil and wheat prices are allowing commodities exporter Canada to weather an economic storm threatening to …

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U.S. Supreme Court ruling on abortion ‘horrific,’ says Canada’s Justin Trudeau

June 24, 2022
U. S. Supreme court ruling on abortion 'horrific,' says canada's justin trudeau - photo licensed by shore news network.

OTTAWA – Canadian Prime Minister Justin Trudeau said on Friday that a U.S. Supreme Court ruling overturning the landmark 1973 Roe v. Wade abortion rights …

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Canada’s Senate passes budget, greenlighting measures on housing, Russian assets

June 23, 2022
Canada's senate passes budget, greenlighting measures on housing, russian assets - photo licensed by shore news network.

OTTAWA – Canada’s Senate on Thursday passed Prime Minister Justin Trudeau’s budget, adopting a long list of measures including a two-year ban on foreign home …

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