DIRS.INFO The most relevant business & tech news

That deed was issued to “Her Majesty the Queen in Right of New Zealand,” sparking speculation that Queen Elizabeth II had bought the unit at 50 United Nations Plaza. (She hadn’t.) As for Unit 11A in the Central Park-facing skyscraper, the sale was, in fact, made by the government of Canada and will act as the official residence of the Canadian consul general, according to Alexandra Vachon White, a spokeswoman for the consulate. The consulate got a sizable discount: According to Ondel Hylton of CityRealty, the unit was listed for nearly $11 million as recently as 2022. The building, while beautifully situated and sporting stately architecture, has faced deep discounts in recent years, said Mr. Hylton, a result of post-pandemic troubles.

Persons: Queen Elizabeth II, Alexandra Vachon White, Ondel Hylton, Hylton Organizations: United Nations, New, Commonwealth Locations: New Zealand, Canada, Manhattan, Commonwealth, CityRealty

☆ Canada Drops Weapons Export Controls to Turkey, Including Drone Technology
▼ + stars: | 2024-01-29 | by ( Jan. | At P.M. | ) www.usnews.com time to read: +1 min

OTTAWA (Reuters) - Canada on Monday said it had dropped weapons export controls to Turkey, including drone optical technology, according to a notice posted online, saying that from now on it would review all exports on a case-by-case basis. Canada had linked resolving the export freeze with Turkey's welcoming of Sweden into the North Atlantic Treaty Organization (NATO), which it did last week. Canada will examine each export on case-by-case basis and said it can cancel permits at any time if there is misuse, the statement said. The notification process, which is standard under the international arms trade, covers Wescam sensors used in Turkey's Bayraktar TB2 drones and other dual-use goods and arms-related exports. "The Armenian National Committee of Canada (ANCC) condemns the recent decision by the Government of Canada to lift its longstanding arms embargo on Turkey," the group said in a statement online.

Persons: Steve Scherer, Ismail Shakil, Marguerita Choy Organizations: OTTAWA, NATO, Atlantic Treaty Organization, Armenian National Committee of Canada, Government of Locations: Canada, Turkey, Turkish, Azerbaijan, Nagorno Karabakh, Baku, Sweden, NATO, Ukraine, Government of Canada

☆ Google reaches deal with Canada to keep news content on its platform
▼ + stars: | 2023-11-29 | by ( Brian Fung | ) edition.cnn.com time to read: +4 min

CNN —Google has agreed to pay Canadian publishers for their news content, backing down from a high-stakes threat to block all news content produced in the country on its platforms after the tech giant and the Canadian government announced a deal Wednesday to avert the looming crisis. The agreement resolves tensions between Google and Canada over a controversial law known as C-18 requiring digital platforms to compensate news publishers for their work. The Google agreement marks a departure from the path taken by Instagram-parent Meta, which opted to pull news content from its platforms in Canada in response to C-18. The option for Google to negotiate with a single collective helps address one of the tech giant’s main objections to the law. But how the agreement with Google plays out could potentially shape the course of those policies.

Persons: ”, Pascale St, Onge didn’t, Bill C, Global Affairs Kent Walker, Andy Stone, Meta Organizations: CNN, Google, Canadian, Canadian Heritage, St, of, Global Affairs, Meta Locations: Canada, of Canada

☆ Vehicle explodes at Niagara Falls, forcing US-Canada border closings
▼ + stars: | 2023-11-22 | by ( ) www.reuters.com time to read: +3 min

[1/5] Police officers view the scene after an incident at the Rainbow Bridge U.S. border crossing with Canada, in Niagara Falls, New York, U.S. November 22, 2023 in a still image from video. Two people in the vehicle were killed in the blast and one border patrol official was injured, the Fox News Channel reported, citing unnamed sources. The three U.S.-Canada crossings along the Niagara River separating southern Ontario and New York state are among the busiest in the world. "The FBI is coordinating with our local, state and federal law enforcement partners in this investigation," the FBI statement said. Representatives for the U.S. State Department also did not immediately respond to a request for comment on the reported border closures.

Persons: Kathy Hochul, Dominic LeBlanc, LeBlanc, Hochul, Doug Ford, Ismail Shakil, Katharine Jackson, Daphne Psaledakis, Susan Heavey, Caitlin Webber Organizations: Police, Rainbow Bridge, REUTERS, Reuters, Rights, FBI, Terrorism, Force, New, Fox News Channel, CNN, Niagara Gazette, Whirlpool, Niagara - Frontier Transit Authority, Public, Ontario, ., Canadian, U.S . State Department, Thomson Locations: Canada, Niagara Falls , New York, U.S, United States, Niagara Falls, New York, Lewiston, Queenston, York, Ontario, Ottawa, Buffalo , New York

☆ Canada bans WeChat, Kaspersky applications on government devices
▼ + stars: | 2023-10-30 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsOTTAWA, Oct 30 (Reuters) - Canada on Monday banned Chinese messaging application WeChat and Russian antivirus program Kaspersky on government-issued mobile devices due to privacy and security risks, but said government information had not been compromised. WeChat and Kaspersky did not immediately respond to requests for comment. "The decision to remove and block the WeChat and the Kaspersky applications was made to ensure that government of Canada networks and data remain secure and protected and are in line with the approach of our international partners," the statement said. The applications will be removed from government-issued mobile devices on Monday, and users will be blocked from downloading them in the future. Canada in February banned TikTok, the short-video app owned by Chinese company Bytedance, from government-issued devices due to similar privacy and security concerns.

Persons: Dado Ruvic, Kaspersky, TikTok, Ismail Shakil, Yuvraj Malik, Grant McCool Organizations: REUTERS, Rights OTTAWA, HK, Treasury Board of Canada, Treasury, Thomson Locations: Canada, Moscow, Ottawa, Bengaluru

TORONTO, Oct 9 (Reuters) - Prime Minister Justin Trudeau and other Canadian authorities on Monday condemned demonstrations across Canada by those they said were glorifying violence by supporting Palestinian Islamist group Hamas' attack on Israel. "I strongly condemn the demonstrations that have taken place, and are taking place, across the country in support of Hamas' attacks on Israel," Trudeau said in a post on X, formerly called Twitter. Trudeau joined a solidarity gathering for Israel late on Monday and condemned Hamas' attack in his address. Hamas launched a surprise attack on Israel on Saturday killing hundreds of Israelis and seizing dozens of hostages. Israeli TV channels said the death toll from the Hamas attack had climbed to 900, with at least 2,600 injured.

Persons: Justin Trudeau, Trudeau, Blair Gable, Olivia Chow, Chow, Lauren Pouge, Doug Ford, Mona Ayesh, Kyaw Soe, Kanishka Singh, Michael Perry, Gerry Doyle Organizations: TORONTO, Palestinian, Hamas, Israel, Palestinian Youth Movement, Jewish Community Centre, REUTERS, Toronto, Ontario's, Health, West Bank, Reuters, Thomson Locations: Canada, Israel, Hamas, Toronto, Ottawa , Ontario, Israeli, Gaza, Canadian

☆ Inviting a former Nazi to Zelenskyy's speech was 'deeply embarrassing' to all Canadians, Trudeau says
▼ + stars: | 2023-09-26 | by ( Azmi Haroun | Associated Press | ) www.businessinsider.com time to read: +5 min

Still, Trudeau has not called for speaker Anthony Rota to resign, and Rota is also resisting the calls. Peter Julian, the New Democratic Party House leader, and Bloc Quebecois leader Yves-Francois Blanchet both said Anthony Rota should step down. "This is something that is deeply embarrassing to the Parliament of Canada and by extension to all Canadians." "I think it's going to be really important that all of us push back against Russian disinformation and continue our steadfast unequivocal support for Ukraine," Trudeau said, per the BBC. "It's been deeply embarrassing for Canada, and I think it was deeply embarrassing for the president of Ukraine," said Gould, who is a descendent of Holocaust survivors.

Persons: Justin Trudeau, Trudeau, Anthony Rota, —, Peter Julian, Yves, Francois Blanchet, Julian, Yaroslav Hunka, Volodymyr Zelenskyy, Rota, Hunka, Zelenskyy, Simon Wiesenthal, Dmitry Peskov, Peskov, Vladimir Putin, Pierre Poilievre, Will, Karina Gould, It's, Gould, Daria Litvinova Organizations: Service, Nazi, New Democratic Party House, Bloc Quebecois, Kremlin, Liberal Party, BBC, Politico, 1st Ukrainian, Ukrainian, Waffen, SS, SS Galicia Division, Waffen Division, Simon Wiesenthal Center, Holocaust Studies, Ukraine, Liberal, Conservative, Canada, Hunka, Associated Press Locations: Canada, Ukrainian Nazi, Rota, Ukrainian, Moscow, Ottawa, SS Galicia, Ukraine, Tallinn, Estonia

☆ India dismisses as 'absurd' Canada's accusation on Sikh leader's murder
▼ + stars: | 2023-09-19 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Chris Helgren Acquire Licensing RightsNEW DELHI, Sept 19 (Reuters) - India characterised as "absurd and motivated" an accusation by Canada that it was involved in the murder of a Sikh separatist leader, urging the country instead to take legal action against anti-Indian elements operating from its soil. Canada was "actively pursuing credible allegations" linking Indian government agents to the murder of Sikh separatist leader Hardeep Singh Nijjar, Prime Minister Justin Trudeau told the House of Commons on Monday. Nijjar, who was shot dead outside a Sikh temple in June, had been designated a "terrorist" by India in July 2020, following his support for a Sikh homeland in the form of an independent state of Khalistan. Modi, in turn, conveyed strong concern to Trudeau over recent demonstrations in Canada by Sikhs calling for an independent state. Khalistan is an independent Sikh state whose creation has been sought for decades.

Persons: Hardeep Singh Nijjar, Nanak, Chris Helgren, Justin Trudeau, Nijjar, Trudeau, Narendra Modi, Modi, Sakshi Dayal, Jacqueline Wong, Clarence Fernandez Organizations: REUTERS, Thomson Locations: Surrey, British Columbia, Canada, DELHI, India, New Delhi, Punjab

☆ India-Canada tensions hit crisis point after assassination allegations: Here's what you need to know
▼ + stars: | 2023-09-19 | by ( Clement Tan | ) www.cnbc.com time to read: +4 min

A security personnel stands guard outside the Canadian High-Commision in New Delhi, India, September 19, 2023. In retaliation, India expelled a senior Canadian diplomat after summoning Canada's High Commissioner to the country, the foreign ministry said. This came just hours after Foreign Minister Melanie Joly announced that Ottawa had expelled a top Indian diplomat. Adnan Abidi | ReutersPrior to the Group of 20 nations' leaders' summit two weekends ago, Ottawa had paused talks on a proposed trade treaty with Indian Prime Minister Narendra Modi's Bharatiya Janata Party government. India's Prime Minister Narendra Modi (R) shakes hand with Canada's Prime Minister Justin Trudeau ahead of the G20 Leaders' Summit in New Delhi on September 9, 2023.

Persons: Adnan Abidi, Hardeep Singh, Justin Trudeau, Canada's, Melanie Joly, Trudeau, Moninder Singh, Nanak, Hardeep Singh Nijjar, Chris Helgren, Joly, it's, Narendra Modi's, Subrahmanyam Jaishankar, Indira Gandhi, Narendra Modi, Evan Vucci Organizations: Canadian, Reuters, Canadian Government, Ottawa, Indian, Narendra Modi's Bharatiya Janata Party government, India, of, India's, Canada's, Afp, Getty Locations: New Delhi, India, Reuters India, Canadian, Canada, British Columbia, Ottawa, Indian, Sikh, Surrey, Australia, United Kingdom, China, Brampton, of Canada

☆ India entry into geopolitical storm will be costly
▼ + stars: | 2023-09-19 | by ( Una Galani | ) www.reuters.com time to read: +4 min

MUMBAI, Sept 19 (Reuters Breakingviews) - India may pay a price from getting caught in the eye of a geopolitical storm, but it may be a small one. New Delhi has dismissed as “absurd” Canada’s allegation of its involvement in the June murder in British Columbia of a Sikh separatist leader that India had branded a “terrorist”. A trade deal with India, now stalled, may have helped Ottawa pivot away from the People’s Republic a little bit faster. But India accounted for barely $6.5 billion, or less than 1% of Canada’s trade with the world in 2020. Canada also expelled India's top intelligence agent following the row, while India expelled a senior Canadian diplomat.

Persons: Sajjan Jindal’s, Joe Biden, Narendra Modi, Jamal Khashoggi, Crown Prince Mohammed bin Salman, –, Tesla, Hardeep Singh Nijjar, Justin Trudeau, Nijjar, “, Trudeau, Lisa Jucca, Streisand Neto Organizations: Reuters, Resources, Crown, Canada, Apple, U.S . National Security Council, Thomson Locations: MUMBAI, India, New Delhi, British Columbia, China, Ottawa, People’s Republic, American, Vancouver, Australia, Canada, United States, Delhi, Saudi Arabia, Saudi, Istanbul . U.S, Canadian

The tit-for-tat diplomatic expulsions came after Prime Minister Justin Trudeau said Canada was investigating “credible allegations” linking India to the June killing of Canadian citizen and prominent Sikh leader, Hardeep Singh Nijjar. India’s foreign ministry on Tuesday responded in kind, saying it had expelled a senior Canadian diplomat based in India. “The concerned diplomat has been asked to leave India within the next five days,” it said in a statement. We have conveyed our concerns at senior levels to India,” a statement shared with CNN said. That operation caused huge anger within the Sikh community and Gandhi was assassinated by her Sikh bodyguards in the aftermath.

Persons: Justin Trudeau, Hardeep Singh, ” Trudeau, Mélanie Joly, ”, Trudeau, Joe Biden, Rishi Sunak, “, ” Nijjar, Nijjar, Penny Wong, Narendra Modi, Modi, Guru Nanak, Indira Gandhi, Gandhi Organizations: CNN, Ottawa, British, Sikh Organization, India’s, Indian National Investigation Agency, Khalistan, Government of, Canadian Government, Reuters, Canadian, Relations, Analysts, Indian Army, of, Air Locations: India, New Delhi, Canada, Indian, Ottawa, Canadian, Surrey, British Columbia, Government of India, Canada’s, Toronto, of Canada, Punjab, Britain, Pakistan, Air India, Australia

[1/4] A person shops in the poultry section at a grocery store in Toronto, Ontario, Canada November 22, 2022. REUTERS/Carlos Osorio/File Photo Acquire Licensing RightsOTTAWA, Sept 18 (Reuters) - Canada's five major grocery chains have agreed to help the government in its bid to stabilize soaring prices, a senior minister said on Monday, following talks to address an issue that is hurting the ruling Liberals. Innovation Minister Francois-Philippe Champagne made the announcement after two hours of what he said were difficult discussions with the chains. "They have agreed to support the government of Canada in our efforts to stabilize prices in Canada," Champagne told reporters, without giving details. "We're all committed to finding solutions to stabilize prices ... it's an industry issue.

Persons: Carlos Osorio, Francois, Philippe Champagne, Champagne, Eric La Fleche, We're, It's, Justin Trudeau, Karina Gould, Trudeau, Steve Scherer, David Ljunggren, Bernadette Baum, Bill Berkrot Organizations: REUTERS, Rights, Innovation, Metro, Walmart, Costco, Conservatives, Liberal, Thomson Locations: Toronto , Ontario, Canada, Ottawa, it's

People walk to a Royal Canadian Air Force transport plane while being evacuated from an approaching wildfire in Hay River, Northwest Territories, Canada August 14, 2023. “We are working closely with the Government of the Northwest Territories to ensure communities have the support they need," Canadian federal Emergency Preparedness Minister Harjit Sajjan said in a statement. Yellowknife is the capital of the Northwest Territories and sits 450 km (280 miles) south of the Arctic Circle. Over the weekend, residents of most communities in the South Slave region of the Northwest Territories, situated along the Alberta border, were ordered to evacuate. Northwest Territories has so far had 265 wildfires this year, much higher than its 10-year annual average of 185.

Persons: Harjit Sajjan, Rebecca Alty, Ismail Shakil, Jyoti Narayan, David Ljunggren, Alistair Bell Organizations: Royal Canadian Air Force, Canadian Forces, REUTERS Acquire, Canada's Northwest Territories, Government of, Emergency Preparedness, Northwest, CBC News, Thomson Locations: Hay River, Northwest Territories, Canada, City, Yellowknife Follow OTTAWA, Yellowknife, Alberta, Enterprise, Territories, Ottawa, Bengaluru

☆ Canada releases framework to phase out inefficient fossil fuel subsidies
▼ + stars: | 2023-07-24 | by ( Nia Williams | ) www.reuters.com time to read: +3 min

July 24 (Reuters) - Canada on Monday released a framework for eliminating inefficient fossil fuel subsidies, making it the first G20 country to deliver on a 2009 commitment to rationalise and phase out government support for the sector. Eliminating fossil fuel subsidies is part of a deal signed between Prime Minister Justin Trudeau's minority Liberal and the New Democratic Party (NDP), formalising NDP support. Climate campaigners Environmental Defence also criticised the framework for not applying to public financing of fossil fuel projects through government-owned crown corporations, such the loan guarantees for the C$30.9 billion Trans Mountain pipeline expansion project. Ottawa plans to release a framework to phase out public financing of fossil fuel projects within the next year. "The Government of Canada must quickly take the final step and end all fossil financing – without any loopholes for fossil gas, fossil hydrogen or CCS," Environmental Defence program manager Julia Levin said in a statement.

Persons: Steven Guilbeault, Justin Trudeau's, Laurel Collins, Collins, Laura Cameron, Julia Levin, Nia Williams, Jonathan Oatis, Grant McCool Organizations: Monday, Liberal, New Democratic Party, NDP, International Institute of Sustainable Development, Trade, Pathways Alliance, CCS, Environmental Defence, Thomson Locations: Canada, Ottawa, Alberta, British Columbia

CNN —Three months’ worth of rain over the course of one day has flooded the Canadian province of Nova Scotia since Friday night, inundating streets, forcing evacuations and leaving at least four people missing – including two children. “We have had biblical proportions of rain over the night and into the day,” Halifax Mayor Mike Savage said Saturday. A man wearing chest waders walks past cars abandoned in floodwaters in a mall parking lot in Halifax, Nova Scotia, on Saturday. Darren Calabrese/The Canadian Press/APNorthern and eastern Nova Scotia are expected to see more rain Saturday night, while the forecast predicts rain in the central, western and southern areas will ease, officials said. “It came fast and it came furious.”Much of central Nova Scotia has seen severe flooding that deluged roads, forced water rescues and left “significant” property damage Saturday, Houston said.

Persons: “, Mike Savage, Premier Tim Houston, Houston, ” Houston, Darren Calabrese, ”, Kelly Ash, Savage, Fiona, Justin Trudeau, ” Trudeau, Nova, Nova Scotians Organizations: CNN, Halifax, Canadian Press, AP, CNN Canadian, CBC, Twitter, Houston, Nova Scotians Locations: Canadian, of Nova Scotia, Halifax, East Hants, West Hants, Lunenburg, Queens, Premier, Halifax , Nova Scotia, Nova Scotia, Houston

☆ Canada Joins Nearly 20 Nations Calling for Halt to Deep-Sea Mining as Negotiators Meet to Agree Rules
▼ + stars: | 2023-07-11 | by ( Yusuf Khan | ) www.wsj.com time to read: +5 min

This week, delegates of the International Seabed Authority—a United Nations observer organization that regulates deep-sea mining in international waters—are descending on ISA headquarters in Kingston, Jamaica to hash out the regulations around deep-sea mining over the next two weeks. PREVIEWCanada, Ireland and Switzerland have all recently joined calls—by nearly 20 countries—for a moratorium or at least a pause on deep-sea mining. Norway recently opened the door to deep-sea mining in its waters. Deep-sea mining in recent years has garnered attention because of the possibility of recovering battery metals such as manganese and nickel from the seafloor. Some other early supporters of seabed mining, including Maersk and Lockheed Martin, have been selling their deep-sea mining investments.

Persons: —, Michael Lodge, Gerard Barron, Sandy Huffaker, GUSTAVO GRAF MALDONADO, Lockheed Martin, Yusuf Khan Organizations: United, Sustainable Business, ” Global Affairs Canada, ISA, Metals Co, Maersk, Press, Greenpeace, The Metals Co, REUTERS, Nauru wouldn’t, Lockheed Locations: Canada, United Nations, Kingston , Jamaica, Ireland, Switzerland, Norway, Nauru, yusuf.khan

☆ China’s world banks are geopolitical victims
▼ + stars: | 2023-06-15 | by ( Una Galani | ) www.reuters.com time to read: +4 min

MUMBAI, June 15 (Reuters Breakingviews) - China’s “World Bank” tried in vain to carefully thread the geopolitical needle. Fairly or not, critics have lambasted China’s lending practices along the BRI as “debt trap diplomacy”. Whereas the smaller AIIB did things more the way developed countries wanted, even taking positions at odds with Beijing’s. Pickard alleged on Twitter that AIIB was an instrument of China, dominated by Communist party members who “operate like a secret police”. The AIIB said the comments by Pickard, who had served in his role since March 2022, were “baseless and disappointing”.

Persons: Bank ”, Bob Pickard, Jin Liqun, Pickard, AIIB, Chrystia Freeland, Pete Sweeney, Thomas Shum Organizations: Reuters, Bank, Infrastructure Investment Bank, Twitter, Communist Party, World Bank, Initiative, Beijing, International Monetary Fund, New Development Bank, Canadian, Communist, Department of Finance, Finance, Thomson Locations: MUMBAI, Canada, Beijing, India, France, Asia, Africa, Latin America, Argentina, Pakistan, Russia, Ukraine, China, Ottawa, Shanghai, Saudi Arabia

OTTAWA, June 14 (Reuters) - Canada is freezing ties with the China-led Asian Infrastructure Investment Bank (AIIB) while it probes allegations it is dominated by the Chinese Communist Party, Finance Minister Chrystia Freeland said on Wednesday. The bank's global communications director, a Canadian, said on Wednesday he had resigned and criticised the bank as "dominated by the Communist Party", allegations which the AIIB said were baseless. Liberal Prime Minister Justin Trudeau was in power when Canada joined the AIIB. The opposition Conservatives have long demanded Ottawa pull out of the bank, saying it is a tool for Beijing to export authoritarianism throughout the Pacific. The Royal Canadian Mounted Police said on Tuesday it was investigating allegations China tried to intimidate a federal Conservative legislator.

Persons: Chrystia Freeland, Freeland, AIIB, Justin Trudeau, David Ljunggren, Jonathan Oatis, Angus MacSwan Organizations: OTTAWA, Asian Infrastructure Investment Bank, Chinese Communist Party , Finance, Communist Party, Department of Finance, Liberal, Canada, Conservatives, Ottawa, Royal Canadian Mounted Police, Conservative, Beijing, Thomson Locations: Canada, China, Ottawa, Beijing

CNN —“Tobacco smoke harms children.” “Cigarettes cause leukemia.” “Poison in every puff.”Those are among the messages that will soon appear – in English and French – on cigarettes in Canada. The country announced Wednesday it will require health warnings to be printed directly on every individual cigarette – the first country in the world to do so. The labels on individual cigarettes will make it “virtually impossible” for smokers to avoid warnings, health officials said. The regulation is part of the country’s goal to drop its nationwide tobacco use to less than 5% by 2035. It will be accompanied by other measures aimed at reducing the number of smokers in the country, including the strengthening of health messages on tobacco product packages, health officials said.

Persons: ”, Canada’s, Rob Cunningham, Health Jean, Yves Duclos, “ Organizations: CNN, Tobacco, Canadian Cancer Society, Health Locations: Canada

OTTAWA, April 11 (Reuters) - Canada on Tuesday imposed new sanctions over Russia's invasion in Ukraine and pledged fresh military support for Kyiv after Prime Minister Justin Trudeau met Ukrainian Prime Minister Denys Shmyhal in Toronto. Trudeau said Canada was also imposing sanctions on nine entities tied to the Belarusian financial sector to further pressure Russia's "enablers in Belarus." Russia calls its actions Ukraine a "special military operation" to combat what it describes as a security threat from Ukraine's ties to the West. "We will continue to support Ukraine with everything needed for as long as necessary," Trudeau said. The two discussed a range of subjects including further military support and reconstruction efforts in Ukraine, before signing a joint declaration to modernize trade between the two countries.

☆ Bank of Canada 'ready to act' in event of extreme market stress
▼ + stars: | 2023-03-29 | by ( ) www.reuters.com time to read: +3 min

The failures of U.S. lenders Silicon Valley Bank and Signature Bank, followed by Credit Suisse's rescue, is prompting central bankers to closely monitor the potential for banking stress to trigger a credit crunch. "The Bank's mandate to promote the stability of the financial system means that we're ready to act in the event of severe market-wide stress and provide liquidity support to the financial system," Gravelle said. This is the first time the Bank of Canada has commented on the banking turmoil in the U.S. and Europe. For now, the banking stress in the United States appears under control. At its peak, the central bank had C$440 billion in government bonds, and it now has about $C200 billion.

☆ Fact Check-Canada’s assisted suicide law does not currently apply to minors
▼ + stars: | 2023-01-16 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

Health Canada told Reuters it has no immediate plans to extend medically assisted death to minors, contrary to claims circulating online in January 2023. There are various requirements to be eligible, one of which is that the person needs to be at least 18 years old and be able to make health care decisions for themselves (here). The post likely refers to Canada’s mature minor doctrine when it says “mature minors act”, which allows minors who are mature enough to make health care decisions independent from their parents (here). Each province and territory have different laws on what age it presumes a minor can make health care decisions. Health Canada told Reuters that it does not allow medically assisted deaths for minors and has no immediate plans to change this.

☆ Alberta Premier Danielle Smith seeks more autonomy from Canada in new bill
▼ + stars: | 2022-11-29 | by ( Nia Williams | ) www.reuters.com time to read: +2 min

Nov 29 (Reuters) - The government of Canada's main oil-producing province Alberta introduced proposed legislation on Tuesday to resist federal laws it deems harmful to Alberta, fulfilling a controversial promise from new Premier Danielle Smith. If passed, the bill, known as the Alberta Sovereignty Within a United Canada Act, would give the province a legislative framework to defend its jurisdiction in areas such as natural resources, gun control, and health and education. Trudeau avoided commenting directly on the Sovereignty Act when asked by reporters on Tuesday. Smith became premier in early October and promised to introduce the Sovereignty Act as her first piece of legislation. read moreThe government said nothing in the proposed act undermines any existing treaties with First Nations.

After years working for nonprofits, I am nearing age 60 without a pension or retirement savings. While financial help is only "supposed to" flow from parent to child in North America, that hasn't been the case for me. Or rather it would be, if I didn't have a daughter with whom I have an exceptional relationship. Much has been written lately about how only those millennials who can go to the bank of mom or dad will ever buy homes. As we've navigated our way through this mutual-aid arrangement, my daughter has persuaded me to stop doing the math.

Search resuls for: "Government of Canada"

24 mentions found