Canada Implements Comprehensive and Far-Reaching Regulations to Enhance Online Safety
Canada is considering implementing a new law known as the Online Harms Act. According to reports, the act aims to combat online abuse and hate crimes. It aims to make the internet safer by regulating social media platforms. It is…
Canada Promises USD 130 Million for Ukraine’s Recovery Initiatives
Canada has decided to assist Ukraine by providing funds to help with various issues. The decision was made to assist Ukraine with its post-war reconstruction efforts. Canada will give Ukraine 169 million Canadian dollars, which is approximately $130 million in…
Chinese Foreign Minister Wang Yi Holds Talks with Canadian Counterpart Melanie Joly Amidst Rising Diplomatic Challenges
China’s Foreign Minister Wang Yi and Canada’s Foreign Minister Mélanie Joly met at a conference in Munich to discuss their countries’ relations. Wang Yi stated that China and Canada have had a rocky relationship, but this is not what China…
Challenges in Obtaining Canadian Visa Pose Barrier to Admission for Indian Students
The Canadian government has taken drastic measures to control its study visa requirements, announcing a two-year limit. Students and their parents were alarmed when the Canadian government announced on Tuesday, January 23, that international student visas would now have a…
More Canadians To Feel The Pinch Of High Rates In 2024, Making Way For Lower Inflation
The central bank has been able to maintain its benchmark interest rate at 5% for the past few months thanks to significant rate hikes that are finally starting to pay off. Lower inflation has resulted from a reduction in consumer…
Bank Of Canada Will Cut Three Times Next Year To Bring Rate To 4.25%, Deloitte Predicts
“We’re going to have two percent [inflation] in the Bank of Canada’s sights,” said Dawn Desjardins. “That will open the door for them to start to give some interest rate relief.” Canada’s inflation rate is still much below the Bank…
Canadian Tourism Beats Pre-Pandemic Levels Earlier than Expected and Sees Huge Potential Ahead
In its most recent Tourism Outlook: Unlocking Opportunities for the Sector report, Destination Canada said on Tuesday that overall tourism income is expected to surpass 2019 levels and reach $109.5 billion by the end of 2023. This shows that the…
Short-Term Rental Tax Changes Left Out Of Freeland’s Bill To Implement Fiscal Update Measures, Here’s Why
The senior Liberal cabinet minister introduced a notice of a “ways and means motion” in the House of Commons on Tuesday, providing a sneak peek at the contents of the bill. The government’s whole legislative and tax strategy is laid…
With Millions Of Mortgages Coming Due, Finance Minister Expects Banks ‘to Work With’ Canadians
On Sunday, Freeland said on Rosemary Barton Live, “I hear most people worry about interest rates right now, especially people who have mortgages and are concerned about the renewal of their mortgages.” According to Royal LePage research, almost three million…
Major Canadian grocer says expanded price freezes will happen amid new plans to stabilize food prices
Despite promises by the federal government to reduce inflation and the rising cost of living for Canadians, major retailers in Canada did not clarify whether they were committed to special deals to stabilize grocery prices a month ago. “This is…