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canada’s

Yellen, Canada’s Freeland present united front on Ukraine, economic challenges

June 20, 2022
Yellen, canada's freeland present united front on ukraine, economic challenges - photo licensed by shore news network.

By David Lawder TORONTO – U.S. Treasury Secretary Janet Yellen met with Canadian Finance Minister Chrystia Freeland on Monday, pledging cooperation on issues ranging from …

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Canada’s CIBC ‘comfortable’ with mortgage book, watching for signs of stress

June 16, 2022
Canada's cibc 'comfortable' with mortgage book, watching for signs of stress - photo licensed by shore news network.

By Nichola Saminather TORONTO – Canadian Imperial Bank of Commerce is “comfortable” with the quality of its mortgage book, but is on the lookout for …

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Canada’s finance minister says ‘soft landing’ not guaranteed as rates rise

June 16, 2022
Canada's finance minister says 'soft landing' not guaranteed as rates rise - photo licensed by shore news network.

OTTAWA – Canadian Finance Minister Chrystia Freeland expressed confidence on Thursday in the Bank of Canada’s ability to rein in surging inflation and keep price …

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Canada’s Trudeau says we’re watching rising interest rates ‘with concern’

June 14, 2022
Canada's trudeau says we're watching rising interest rates 'with concern' - photo licensed by shore news network.

OTTAWA – Canadian Prime Minister Justin Trudeau on Tuesday said his government was watching rising interest rates “with concern,” when asked about the impact higher …

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Canada’s Brookfield unit among sanitation companies seeking Brazil IPOs

June 2, 2022

By Tatiana Bautzer SAO PAULO – Two sanitation companies are expected to break Brazil’s IPO drought in the coming months. The sector has been buoyed …

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Canada’s budget deficit falls to C$95.57 billion in fiscal 2021/22 as pandemic wanes

May 27, 2022
Canada's budget deficit falls to c$95. 57 billion in fiscal 2021/22 as pandemic wanes - photo licensed by shore news network.

By Julie Gordon Canada’s budget deficit in fiscal 2021/22 shrank to C$95.57 billion ($75.02 billion) from C$314.00 billion in the previous year, as emergency spending …

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In Canada’s Quebec, indigenous people continue to fight French law

May 25, 2022
In canada's quebec, indigenous people continue to fight french law - photo licensed by shore news network.

By Allison Lampert MONTREAL – A sweeping law adopted by Quebec on Tuesday to promote French usage is elevating already simmering tensions with indigenous groups, …

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Bullish view on Canada’s TSX tempered as analysts fret about growth – Reuters poll

May 25, 2022
Bullish view on canada's tsx tempered as analysts fret about growth - reuters poll - photo licensed by shore news network.

By Fergal Smith TORONTO – Canada’s main stock index is expected to advance less than previously thought this year as economic growth slows and central …

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Factbox-Leading candidates, policy promises in Canada’s Ontario election

May 19, 2022
Factbox-leading candidates, policy promises in canada's ontario election - photo licensed by shore news network.

(Reuters) – Ontario, Canada’s most populous province, will hold an election on June 2 with incumbent Progressive Conservative leader Doug Ford favored in the polls. …

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Conservative incumbent in Canada’s Ontario leads two weeks ahead of vote

May 19, 2022
Conservative incumbent in canada's ontario leads two weeks ahead of vote - photo licensed by shore news network.

By Steve Scherer OTTAWA – Incumbent Progressive Conservative Doug Ford is leading the race to win a second term as Ontario premier with promises of …

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Canada’s Brookfield buys Britain’s HomeServe for $5 billion

May 19, 2022
Canada's brookfield buys britain's homeserve for $5 billion - photo licensed by shore news network.

By Emma-Victoria Farr and Sachin Ravikumar FRANKFURT -Canada’s Brookfield Asset Management has agreed to buy British home repair services firm HomeServe for 4.08 billion pounds …

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Canada’s Telus to invest $17 billion in Alberta on network infrastructure

May 17, 2022
Canada's telus to invest $17 billion in alberta on network infrastructure - photo licensed by shore news network.

(Reuters) – Telus Corp said on Tuesday it would invest $17 billion in network infrastructure, operations and spectrum across Canada’s Alberta over the next four …

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Canada’s Trudeau: World determined to make sure Putin loses in Ukraine

May 8, 2022
Canada's trudeau: world determined to make sure putin loses in ukraine - photo licensed by shore news network.

By Tom Balmforth KYIV – The world will do everything possible to ensure that Russian President Vladimir Putin loses his war in Ukraine, including keeping …

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Canada’s Commissioner of Competition plans to oppose Rogers, Shaw $16 billion merger

May 7, 2022
Canada's commissioner of competition plans to oppose rogers, shaw $16 billion merger - photo licensed by shore news network.

(Reuters) – Canada’s Commissioner of Competition intends to oppose Rogers Communications Inc’s proposed C$20 billion ($16 billion) merger with Shaw Communications Inc, the companies said …

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Analysis-From boom to glut: Canada’s housing plan could backfire on Trudeau

May 1, 2022
Analysis-from boom to glut: canada's housing plan could backfire on trudeau - photo licensed by shore news network.

By Julie Gordon OTTAWA – The Canadian government’s plan to ease runaway housing prices by rapidly ramping up the pace of home construction risks pushing …

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Canada’s most populous province sees a quicker than expected return to surplus

April 28, 2022
Canada's most populous province sees a quicker than expected return to surplus - photo licensed by shore news network.

By Kanishka Singh (Reuters) – Canada’s most populous province of Ontario on Thursday forecast steadily declining deficits over the medium term helped by a strong …

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Exclusive: After pandemic drop, Canada’s detention of immigrants rises again

April 27, 2022
Exclusive: after pandemic drop, canada's detention of immigrants rises again - photo licensed by shore news network.

By Anna Mehler Paperny TORONTO – Canada is locking up more people in immigration detention without charge after the numbers fell during the pandemic, government …

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Graying of Canada’s workforce threatens to worsen labor crunch

April 27, 2022
Graying of canada's workforce threatens to worsen labor crunch - photo licensed by shore news network.

By Anna Mehler Paperny TORONTO – Canadians nearing retirement outnumbered those entering the workforce by a record margin in 2021, census data released on Wednesday …

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Amazon workers in Canada’s Alberta, Northwest Territories file for union vote

April 25, 2022
Amazon workers in canada's alberta, northwest territories file for union vote - photo licensed by shore news network.

(Reuters) – A Teamsters group, which represents roughly 7,000 Amazon.com Inc fulfillment center workers across Canada’s Alberta and the Northwest Territories, has filed an application …

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Multiple inflation pressures complicate Bank of Canada’s soft landing goal

April 20, 2022
Multiple inflation pressures complicate bank of canada's soft landing goal - photo licensed by shore news network.

By Fergal Smith TORONTO – As the Bank of Canada opens the door to hiking interest rates above a neutral setting for the first time …

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Canada’s TD Bank to offer salary hikes, one-time cash rewards to employees

April 13, 2022
Canada's td bank to offer salary hikes, one-time cash rewards to employees - photo licensed by shore news network.

(Reuters) – TD Bank Group will offer eligible employees a 3% increase to their base pay or a one-time cash reward effective July 1, Chief …

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Canada’s Shopify to allow employees to pick between cash and stock

April 8, 2022
Canada's shopify to allow employees to pick between cash and stock - photo licensed by shore news network.

(Reuters) – Canada’s Shopify Inc, will change its compensation package to give employees the flexibility to choose between cash and stock, looking to attract and …

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Canada’s CIBC bank CEO urges government to grow revenue via investment than taxation

April 7, 2022
Canada's cibc bank ceo urges government to grow revenue via investment than taxation - photo licensed by shore news network.

TORONTO – Canadian Imperial Bank of Commerce (CIBC) Chief Executive Officer Victor Dodig on Thursday called on policy makers to focus on generating revenue by …

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Canada’s Ontario plans second minimum wage hike this year

April 5, 2022
Canada's ontario plans second minimum wage hike this year - photo licensed by shore news network.

(Reuters) – Ontario’s ruling Progressive Conservative government said on Tuesday it plans to raise the hourly minimum wage by 50 Canadian cents beginning in October, …

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Bank of Canada’s Macklem to chair Basel banking committee’s oversight body

April 1, 2022
Bank of canada's macklem to chair basel banking committee's oversight body - photo licensed by shore news network.

(Reuters) – The oversight body of the Basel Committee on Banking Supervision (BCBS) said on Friday it has appointed Tiff Macklem as its new chair, …

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DHL strikes deal to buy up to 9.5% stake in Canada’s Cargojet

March 29, 2022
Dhl strikes deal to buy up to 9. 5% stake in canada's cargojet - photo licensed by shore news network.

MONTREAL – DHL Express Division, an affiliate of Deutsche Post DHL Group, struck a deal with Cargojet Inc, which would give the German company an …

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Canada’s indigenous peoples seek papal apology at Vatican for residential schools

March 27, 2022
Canada's indigenous peoples seek papal apology at vatican for residential schools - photo licensed by shore news network.

By Philip Pullella VATICAN CITY – Canadian indigenous peoples meet Pope Francis this week to ask him to apologise for the Catholic Church’s role in …

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Analysis-Impermanence nation: Canada’s growing reliance on temporary residents to meet labor needs

March 27, 2022
Analysis-impermanence nation: canada's growing reliance on temporary residents to meet labor needs - photo licensed by shore news network.

By Anna Mehler Paperny TORONTO – Canada is increasingly relying on temporary residents to meet its labor force needs, according to a Reuters analysis of …

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Canada’s red-hot housing markets hint at cooldown as higher rates, inflation bite

March 25, 2022
Canada's red-hot housing markets hint at cooldown as higher rates, inflation bite - photo licensed by shore news network.

By Nichola Saminather and Julie Gordon TORONTO – Toronto realtor Nasma Ali has noted a marked slowdown in housing demand in the red-hot Greater Toronto …

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Canada’s CP Rail shuts down railroad, workers strike

March 20, 2022
Canada's cp rail shuts down railroad, workers strike - photo licensed by shore news network.

By Rod Nickel and Ann Maria Shibu – Canadian Pacific Railway (CP) halted operations and locked out workers over a labor dispute early on Sunday, …

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Canada’s inflation rate surges to a fresh 30-year high

March 16, 2022March 16, 2022
Canada's inflation rate surges to a fresh 30-year high - photo licensed by shore news network.

By Julie Gordon and Ismail Shakil -Canada’s annual inflation rate accelerated in February to hit a fresh 30-year high, with broad price gains hitting consumers …

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Russia bars entry to Biden and Canada’s Trudeau

March 15, 2022
Russia bars entry to biden and canada's trudeau - photo licensed by shore news network.

LONDON – Russia said on Tuesday it had put U.S. President Joe Biden, Canadian Prime Minister Justin Trudeau and a dozen top U.S. officials on …

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Canada’s top stock index shines as investors seek inflation hedge

March 14, 2022
Canada's top stock index shines as investors seek inflation hedge - photo licensed by shore news network.

By Alexander Schummer and Fergal Smith TORONTO – As Russia’s invasion of Ukraine disrupts the global economy and drives up oil, gold and industrial metal …

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Western nations plan more sanctions on Russia – Canada’s foreign minister

March 7, 2022
Western nations plan more sanctions on russia - canada's foreign minister - photo licensed by shore news network.

BUCHAREST – Western states will announce more sanctions against Russia following its invasion of Ukraine, Canadian Foreign Minister Melanie Joly said on Monday during a …

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Ottawa police misjudged protesters who besieged Canada’s capital – testimony

March 3, 2022
Ottawa police misjudged protesters who besieged canada's capital - testimony - photo licensed by shore news network.

By Anna Mehler Paperny TORONTO – A three-week occupation of the center of Canada’s capital last month resulted in part from police underestimating anti-government protesters …

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Canada’s Alberta province forecasts 2022/23 budget surplus as oil prices soar

February 24, 2022
Canada's alberta province forecasts 2022/23 budget surplus as oil prices soar - photo licensed by shore news network.

By Nia Williams CALGARY, Alberta – Canada’s biggest oil-producing province Alberta is expecting its first budget surplus since 2014/15, Finance Minister Travis Toews said on …

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Canada’s trucker protests leave businesses and taxpayers with hefty bills

February 24, 2022
Canada's trucker protests leave businesses and taxpayers with hefty bills - photo licensed by shore news network.

By Julie Gordon OTTAWA – A three-week long protest in Canada against pandemic measures that snarled trade and shuttered Ottawa’s core likely cost billions in …

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Key events in Canada’s trucker protests against COVID curbs

February 19, 2022
Key events in canada's trucker protests against covid curbs - photo licensed by shore news network.

– Canadian police on Saturday used pepper spray and stun grenades in an attempt to restore normalcy in Ottawa, parts of which have been paralyzed …

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Canada’s Freeland strays from G20 economic script to warn Russia on Ukraine – sources

February 18, 2022
Canada's freeland strays from g20 economic script to warn russia on ukraine - sources - photo licensed by shore news network.

By David Lawder and Andrea Shalal WASHINGTON – Canadian Finance Minister Chrystia Freeland stepped well beyond economic policy at a G20 finance meeting on Friday …

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Analysis-Pandemic fatigue a challenge for Canada’s Trudeau amid protests

February 17, 2022
Analysis-pandemic fatigue a challenge for canada's trudeau amid protests - photo licensed by shore news network.

By Steve Scherer OTTAWA – Canadian Prime Minister Justin Trudeau’s support of vaccine mandates in fighting COVID-19 helped him win re-election five months ago, but …

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Canada’s Trudeau invokes emergency powers in bid to end protests

February 15, 2022February 14, 2022
Canada's trudeau invokes emergency powers in bid to end protests - photo licensed by shore news network.

By Steve Scherer, David Ljunggren and Nichola Saminather OTTAWA -Canadian Prime Minister Justin Trudeau on Monday activated rarely used emergency powers in an effort to …

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Reactions to Canada’s Trudeau invoking Emergencies Act to end protests

February 15, 2022February 14, 2022
Reactions to canada's trudeau invoking emergencies act to end protests - photo licensed by shore news network.

– Canadian Prime Minister Justin Trudeau on Monday said the government had invoked rarely used special measures allowing him to tackle protests that have shut …

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Like father, like son; 50 years later, Canada’s Trudeau invokes emergency powers

February 15, 2022February 14, 2022
Like father, like son; 50 years later, canada's trudeau invokes emergency powers - photo licensed by shore news network.

By David Ljunggren OTTAWA – Faced with truckers’ protests popping up across the nation, and hampering cross border trade, Prime Minister Justin Trudeau on Monday …

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Olympian Who Quit Canada’s Team Over Harassment Allegations Wins Gold Medal For America

February 14, 2022
Olympian who quit canada’s team over harassment allegations wins gold medal for america - photo licensed by shore news network.

An Olympian who left team Canada’s bobsledding team after filing harassment allegations won the gold medal Sunday for the U.S., multiple sources reported. Kaillie Humphries, …

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Canada’s Trudeau to invoke emergencies act to deal with truckers’ protests -sources

February 14, 2022
Canada's trudeau to invoke emergencies act to deal with truckers' protests -sources - photo licensed by shore news network.

OTTAWA – Canadian Prime Minister Justin Trudeau on Monday plans to invoke rarely used emergency measures to tackle ongoing protests that have shut border crossings, …

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Canada’s Alberta province files trade challenge over scrapped Keystone XL pipeline

February 9, 2022February 9, 2022
Canada's alberta province files trade challenge over scrapped keystone xl pipeline - photo licensed by shore news network.

By Nia Williams CALGARY, Alberta – The Canadian province of Alberta on Wednesday formally initiated a trade challenge to recover its investment in the Keystone …

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Canada’s TMX Group plans cryptocurrency futures product for institutional investors

February 8, 2022February 8, 2022
Canada's tmx group plans cryptocurrency futures product for institutional investors - photo licensed by shore news network.

By Nichola Saminather TORONTO – Canada’s largest stock market operator, TMX Group, plans to launch its first cryptocurrency futures product in response to institutional investors’ …

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Exclusive: Canada’s Crescent Point looks to sell some oil and gas assets -documents

February 7, 2022February 7, 2022
Exclusive: canada's crescent point looks to sell some oil and gas assets -documents - photo licensed by shore news network.

(Drops inaccurate reference to Crescent Point being an oil sands company in last paragraph) By Shariq Khan – Canadian oil and gas producer Crescent Point …

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GoFundMe just seized $9 million in contributions from Canada’s Freedom Convoy, donors, here’s how to get a refund

February 4, 2022
Gofundme just seized $9 million in contributions from canada's freedom convoy, donors, here's how to get a refund - photo licensed by shore news network.

When donors pledged money to support the protesting truckers in Canada’s Freedom Convoy, they believed their hard-earned money would be given to truckers who are …

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Canada’s economy recovered to pre-pandemic levels in Nov, Dec seen flat

February 1, 2022February 1, 2022
Canada's economy recovered to pre-pandemic levels in nov, dec seen flat - photo licensed by shore news network.

By Julie Gordon OTTAWA -Canada’s economy climbed to above pre-pandemic levels for the first time in November, bolstering a strong fourth quarter even as activity …

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