Go Home, Eh! Canadian Drug Trafficker Was Just Deported by U.S. Customs
BUFFALO, N.Y. – U.S. Immigration and Customs Enforcement (ICE) has removed Christopher Anthony Frater, a 32-year-old Canadian citizen, to his home country, where he will serve the remainder of his federal sentence…
More pain in store for Canadian consumers after jumbo rate hike
By Julie Gordon and Divya Rajagopal OTTAWA – The Bank of Canada’s surprise jumbo interest rate hike this week has jolted highly indebted consumers, who took out large mortgages during the pandemic,…
Four Canadian Nationals Charged with Defrauding U.S. and Canadian Investors in Diamond Scheme
First Assistant U.S. Attorney Michelle M. Baeppler announced that four Canadian men were charged for their roles in an alleged conspiracy that persuaded investors in the United States and Canada to invest…
Canadian regulator tightens rules for riskier mortgage products
TORONTO – Canada’s financial regulator said on Tuesday it would tighten rules for riskier home loan products, in a bid to address concern over high levels of mortgage debt driven by record-low…
Yellen says Biden not considering Canadian lumber for tariff relief
By David Lawder ROSEBUD, South Dakota – U.S. Treasury Secretary Janet Yellen said on Tuesday that President Joe Biden is not expected to cut U.S. tariffs on Canadian lumber as part of…
Workers at Canadian National Railway threaten to strike
(Reuters) – Canadian National Railway Co said on Wednesday a union representing about 750 workers in the country could potentially go on a strike on June 18. The company said that it…
Canadian police probe possible bomb threat to parliament – source
By Steve Scherer OTTAWA – Canadian police are investigating a possible risk to national security that forced parliament to lock down for several hours on Saturday after border agents warned of a…
Canadian Citizen Sentenced to 46 Months for Pump and Dump Securities Fraud Scheme
For Further Information, Contact:Assistant U. S. Attorney Aaron P. Arnzen (619) 546-8384 SAN DIEGO – Andrew Hackett, from Toronto Canada, was sentenced to 46 months in prison today for participating in a…
Canadian Man Going To Prison For His Role In Scheme That Defrauded Elderly Victims Out Of $2,600,000
CONTACT: Barbara Burns PHONE: (716) 843-5817 FAX #: (716) 551-3051 ROCHESTER, N.Y.-U.S. Attorney Trini E. Ross announced today that Martin Hogan, 53, of Montreal Canada, who was convicted of conspiracy to commit wire and…
Canadian dollar to strengthen as BoC moves ‘aggressively’ on rate hikes – Reuters poll
By Fergal Smith TORONTO – The Canadian dollar will gain ground over the coming year as high commodity prices bolster Canada’s economic outlook and the Bank of Canada likely continues to raise…
Strong demand bolsters Canadian factory activity in May
By Fergal Smith TORONTO – Canadian manufacturing activity expanded at a faster pace in May as firms raised output to meet strong demand for their goods and inflation pressures showed some signs…
Canadian Man Pleads Guilty to Pseudoephedrine Importation Charges
A Canadian man who unlawfully imported pseudoephedrine from Canada into the United States and Australia during 2011 and 2012 pled guilty today in federal court in Cedar Rapids, Iowa. Joseph Damgajian, age…
China lifts curbs on Canadian canola, demand seen muted
(Reuters) -China has removed a three-year restriction on imports of Canadian canola seed, Canadian officials said in a statement on Wednesday that didn’t provide a reason for the lifting of curbs, but…
Canadian flight attendants demand ground pay, citing airport delays
By Allison Lampert MONTREAL – Canadian flight attendants are demanding pay for time on the ground as well as in-flight, as they have recently endured delays, sometimes for hours, at the country’s…
Canadian bid to block Rogers-Shaw mega-deal more a long shot than lock
By Divya Rajagopal TORONTO – Canada’s Competition Bureau has blocked Rogers Communications’ C$20 billion ($15.4 billion) proposal to buy Shaw Communications, but the regulatory agency’s patchy record in legal fights raises the…
Canadian airport delays could see some relief by summer -official
By Allison Lampert MONTREAL – Staffing shortages that led to long passenger lines this week at some of Canada’s largest airports could see some improvement by the crucial summer travel season, an…
Canadian dollar seen rebounding as high oil price feeds trade surplus: Reuters poll
By Fergal Smith TORONTO – The Canadian dollar will claw back its recent decline over the coming year, as elevated oil prices bolster Canada’s trade surplus and the central bank potentially hikes…
Canadian Caught Entering United States through Train Tunnel
DETROIT— U.S. Border Patrol agents assigned to the Detroit Station foiled an attempt by a Canadian man to sneak into the U.S. utilizing cross border freight trains. On May 1, agents from…
Canadian factory activity decelerates as capacity constraints weigh
TORONTO – Canadian manufacturing activity expanded at a slower pace in April as the war in Ukraine contributed to pressures on capacity and cost, offsetting continued robust demand, data showed on Monday.…
Canadian Conservative front-runner would ban a central bank digital currency
By Steve Scherer and Julie Gordon OTTAWA – The front-runner to become the next leader of Canada’s opposition Conservatives said on Thursday he would ban the Bank of Canada from issuing a…
Canadian Man Charged With Eluding Inspection At The Peace Bridge
CONTACT: Barbara BurnsPHONE: (716) 843-5817FAX #: (716) 551-3051 BUFFALO, N.Y. – U.S. Attorney Trini E. Ross announced today that Pawel Aleksander Grodkowski, 53, of Fort Erie, Ontario, Canada, was arrested and charged by criminal complaint…
New York State backs long-term Canadian hydropower project
(Reuters) – New York State on Thursday approved a multi-billion-dollar, long-term project by Montreal-based public utility Hydro-Quebec to deliver hydropower to parts of New York City. Hydro-Quebec said its U.S. partner, Transmission…
Canadian dollar seen higher if BoC front-loads rate hikes- Reuters poll
By Fergal Smith TORONTO – REUTERS POLL-CANADIAN DOLLAR TO STRENGTHEN SLIGHTLY TO 1.25/USD IN THREE MONTHS, MATCHING MARCH’S FORECAST REUTERS POLL-CANADIAN DOLLAR SEEN UP 2% AT 1.23/USD IN ONE YEAR Canada’s dollar…
Canadian Man Arrested and Charged with Conspiracy, Wire Fraud
MINNEAPOLIS – A Canadian man has been arrested and charged for his role in a $300 million telemarketing fraud scheme that targeted elderly and vulnerable victims, announced U.S. Attorney Andrew M. Luger.…
Canadian National Found Guilty of Leading Drug Trafficking Organization that Purchased Hundreds of Pounds of Narcotics
LOS ANGELES – A Canadian national was found guilty by a jury today of federal criminal charges for leading a drug-trafficking organization that intended to export hundreds of pounds of cocaine…
Canadian inflation seen peaking at or above 6%; more rate hikes in the cards
By Julie Gordon and Fergal Smith OTTAWA – A commodities rally sparked by Russia’s invasion of Ukraine will push Canadian inflation higher for longer, with the headline rate now seen peaking at…
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