Canada Still Committed To Closer Ties With India, Despite Allegations: Justin Trudeau
The murder of Nijjar, according to Justin Trudeau, the prime minister of Canada, was orchestrated by the Indian government. In response to Ottawa’s expulsion of an Indian official, India, however, rejected the accusations as “absurd” and “motivated” and removed a…
Ottawa Rolls Out Voluntary Code Of Conduct For Ai As ‘fear’ Persists Over Its Use
A voluntary code of conduct for the use of advanced generative AI, driven by OpenAI, has been released by Canada. As technology advances, self-imposed safety measures are designed to foster trust and safety. The effort has attracted executives from a…
Canada Commits C$3bn Export Financing To Romania Nuclear Plant
The Canadian government has agreed to lend C$3 billion in export financing to a Romanian nuclear energy company as part of a deal to support the building of two new reactors in the nation. Nuclearelectrica will collaborate with Canadian firms…
Trudeau expects Canadian interest rates to come down by mid-2024
Canadian Prime Minister Justin Trudeau anticipates that interest rates will begin to fall by the middle of next year, in line with recent Reuters poll projections, albeit recent economic data has made the central bank more hawkish. “We’re confident that…
Zelenskyy visits Canada, addresses Parliament as PM pledges $650M in Ukraine Aid
In a joint session of Parliament, Ukrainian President Volodymyr Zelenskyy thanked Canada for its sustained support for his country while it defended itself against Russia’s invasion. His address was the highlight of his tour to Canada, and he used it…
Canada’s Gdp Flat In July, Despite Population ‘exploding’
According to a Reuters poll, the July number is somewhat lower than the 0.1 percent gain expected by economists. According to preliminary estimates, GDP increased by 0.1 percent in August, with gains in wholesale trade, banking, and insurance partially offsetting…
Are Lentils Going To Be A Chokepoint Amid Diplomatic Tension
Sales of lentils from Ottawa to New Delhi have decreased as a result of the diplomatic tension between India and Canada. Lentils are India’s primary import from Canada. However, India’s decreased purchases might result in lower harvest prices paid to…
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…