India Warns Citizens In Canada To Be Cautious
India has issued a travel warning to Canada due to growing anti-India activities and politically condoned hate crimes and criminal violence in the country. The warning comes after tensions between the two nations worsened as each country expelled a diplomat…
Canada Orders Wealth One Bank Shareholders to Divest
Three of Wealth One Bank of Canada’s original investors reportedly received orders from Chrystia Freeland, Canada’s finance minister, to sell their holdings in the lender. Shenglin Xian, Morris Chen, and Yuansheng Ou Yang, the investors, allegedly received a request to…
RBC’s $10 billion deal for HSBC unit approved by Canada’s Competition Bureau
Royal Bank of Canada’s (RY.TO) (RBC) C$13.5 billion ($10 billion) deal to purchase HSBC’s (HSBA.L) domestic operation was deemed unlikely to harm competition by Canada’s Competition Bureau on Friday, paving the way for the nation’s largest bank to proceed with…
Posthaste: Bank of Canada may pause rate hikes when it sees this big data
The Bank of Canada will be attentively examining this data because it is the last significant economic data release before the interest rate announcement on September 6. The head of Canada and Mexico economics at Bank of America Merrill Lynch,…
Gap In Financial Literacy Causes Disconnect In Managing Debt, Budget: Survey
According to a survey by the Chartered Professional Accountants of Canada, some Canadians might overestimate their capacity to manage their money and pay off their debt. 47% of respondents gave themselves an A or B for personal finance knowledge. However,…