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OTTAWA (Reuters) - U.S. allegations that an Indian government official directed an unsuccessful plot to assassinate a Sikh separatist on U.S. soil underscores the need for India to take similar allegations by Canada seriously, Canadian Prime Minister Justin Trudeau said on Wednesday. "The news coming out of the United States further underscores what we've been talking about from the very beginning, which is that India needs to take this seriously," Trudeau told reporters in Ottawa. The U.S. charges come about two months after Canada said there were "credible" allegations linking Indian agents to the murder of a Sikh separatist leader, Hardeep Singh Nijjar, in a Vancouver suburb, in June. India has rejected that allegation. (Reporting by Ismail Shakil and Steve Scherer in Ottawa; Editing by Chizu Nomiyama)
Persons: Justin Trudeau, Trudeau, Hardeep Singh Nijjar, Ismail Shakil, Steve Scherer, Chizu Nomiyama Organizations: OTTAWA, Indian, Canadian, U.S . Justice, New York City Locations: U.S, India, Canada, New York, United States, Ottawa, The U.S, Vancouver
An illuminated Google logo is seen inside an office building in Zurich, Switzerland December 5, 2018. REUTERS/Arnd Wiegmann/File Photo Acquire Licensing RightsOTTAWA, Nov 29 (Reuters) - The Canadian government and Google have reached an agreement in their dispute over the country's online news law, the Canadian Broadcasting Corp reported on Wednesday, citing sources. The agreement would see Canadian news continue to be shared on Google's platforms in return for the company making annual payments to news companies in the range of C$100 million ($73.6 million), CBC News reported. ($1 = 1.3593 Canadian dollars)Reporting by Ismail Shakil in OttawaOur Standards: The Thomson Reuters Trust Principles.
Persons: Arnd, Ismail Shakil Organizations: REUTERS, Rights OTTAWA, Canadian, Google, Canadian Broadcasting Corp, CBC News, Thomson Locations: Zurich, Switzerland, Ottawa
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCanadian trade minister urges remaining EU countries to ratify landmark free trade dealCanadian Minister for International Trade Mary Ng sets out the case for remaining EU countries to ratify the Comprehensive Economic and Trade Agreement signed between Brussels and Ottawa.
Persons: International Trade Mary Ng Organizations: International Trade, Trade Locations: Brussels, Ottawa
The U.S. charges come about two months after Canada said there were "credible" allegations linking Indian agents to the murder of Sikh separatist leader Hardeep Singh Nijjar in a Vancouver suburb, in June. "The news coming out of the United States further underscores what we've been talking about from the very beginning, which is that India needs to take this seriously," Canadian Prime Minister Justin Trudeau told reporters in Ottawa. Earlier on Wednesday, Canadian Foreign Minister Melanie Joly urged India to be more forthcoming in the ongoing murder investigation. Both the United States and Canada are looking to build better ties with India to counter Chinese influence in the Indo-Pacific region, and the allegations undermine that effort. Neither New Delhi nor Ottawa looks likely to take dramatic steps to reconcile soon as Canada's murder investigation proceeds and Prime Minister Narendra Modi prepares for Indian national elections by May.
Persons: Justin Trudeau, Hardeep Singh, Melanie Joly, Nijjar, Joly, Narendra Modi, Ismail Shakil, Steve Scherer, Chizu Nomiyama, Sandra Maler Organizations: Canadian, U.S . Justice, New York City, Indian, Thomson Locations: New York, U.S, OTTAWA, Canada, India, British Columbia, The U.S, Vancouver, United States, Ottawa, Delhi
The flags of the United States and India are displayed on the Eisenhower Executive Office Building at the White House in Washington, U.S., June 21, 2023. REUTERS/Elizabeth Frantz Acquire Licensing RightsNEW DELHI, Nov 29 (Reuters) - India will formally investigate security concerns aired by the United States in a warning to New Delhi about its links to a foiled plot to murder a Sikh separatist leader, the foreign ministry said on Wednesday. The Financial Times newspaper on Nov. 22 first reported the thwarted plot against Pannun in the United States. The White House said it was treating the issue with "utmost seriousness" and had raised it with India at the "seniormost levels". The foiled plot and the U.S. concerns were reported two months after Canada said it was looking at credible allegations linking Indian agents to the June murder of Hardeep Singh Nijjar, another Sikh separatist, in a Vancouver suburb.
Persons: Elizabeth Frantz, Biden, Gurpatwant Singh, Pannun, Hardeep Singh Nijjar, Narendra Modi's, Antony Blinken, Lloyd Austin, Sanjay Verma, India’s, Verma, Krishn Kaushik, Shivam Patel, Clarence Fernandez Organizations: Eisenhower, White, REUTERS, White House, Financial Times, U.S, Indian, Reuters, Defence, CTV, Thomson Locations: United States, India, Washington , U.S, DELHI, New Delhi, China, Delhi, U.S, Canada, Vancouver, . New Delhi, Canadian, Ottawa
The Bank of Nova Scotia (Scotiabank) logo is seen outside of a branch in Ottawa, Ontario, Canada, February 14, 2019. It also disrupted Canada's prestigious Giller Prize Gala on Nov. 14, a literary award sponsored by Scotiabank. It claims in its petition that Scotiabank is the biggest foreign shareholder in Elbit, whose weapons were heavily used during Israel's 11-day operation in Gaza in May 2021. The email said Scotiabank was "not the biggest shareholder of Elbit, nor is it the biggest foreign shareholder of Elbit. Eko said it would not comment on the protests at Scotia branches and has not taken part in the protests.
Persons: Chris Wattie, Eko, unitholders, Angus Wong, Wong, Bezhalel Machlis, Nivedita Balu, Denny Thomas, David Gregorio Our Organizations: of Nova, REUTERS, Rights TORONTO, Bank of Nova, Elbit Systems, Scotiabank . Toronto Police, Scotiabank, Global Asset Management, Management, Vanguard Group, BlackRock Institutional Trust, Israel Ministry of Defence, Israel MOD, Thomson Locations: of Nova Scotia, Ottawa , Ontario, Canada, Bank of Nova Scotia, Israel, Elbit, Gaza, Toronto, Scotia
Hockey is one of the most physical sports, and referees try to keep it in line by assessing penalties when a push or a trip goes too far. But on Monday night in Ottawa, the officials had enough. After a fight broke out in the third period of a roughly played game between the Florida Panthers and the Ottawa Senators, the officials threw up their hands and kicked every skater on the ice out of the game. Florida was leading by 4-0 when Brady Tkachuk, the Senators captain, came off the bench and got a quick breakaway. The officials at first seemed to get the situation under control, but a punch heated things up again.
Persons: Brady Tkachuk, Dmitry Kulikov Organizations: Florida Panthers, Ottawa Senators, Panthers Locations: Ottawa, Florida
NHL roundup: Flames clip Knights in final seconds of OT
  + stars: | 2023-11-28 | by ( ) www.reuters.com   time to read: +4 min
[1/5] Nov 27, 2023; Calgary, Alberta, CAN; Calgary Flames defenseman MacKenzie Weegar (52) controls the puck against the Vegas Golden Knights during the third period at Scotiabank Saddledome. Greer also scored for the Flames, who received a scintillating 27-save performance from goaltender Dan Vladar. Bruins coach Jim Montgomery replaced Jeremy Swayman with Linus Ullmark in the second period after Columbus' second goal. Anthony Cirelli scored and Andrei Vasilevskiy had 20 saves in his second game of the season for the Lightning. Evgeny Kuznetsov scored for the Capitals, who have lost two straight and were opening a five-game road trip.
Persons: MacKenzie Weegar, Sergei Belski, A.J, Greer, Dan Vladar, William Karlsson, Adin Hill, Weegar, Yegor, Jim Montgomery, Jeremy Swayman, Linus Ullmark, Columbus, Matthew Poitras, John Beecher, Sam Reinhart, Sergei Bobrovsky, Sam Bennett, Carter Verhaeghe, Eetu Luostarinen, Aleksander Barkov, Joonas Korpisalo, Alex Tuch, Pekka Luukkonen, Luukkonen, Jimmy Vesey's, Ryan Johansen, Cale Makar, Valeri Nichushkin, Alexandar Georgiev, Nathan MacKinnon, Anthony Cirelli, Andrei Vasilevskiy, Luke Kunin, Fabian Zetterlund, Mackenzie Blackwood, Evgeny Kuznetsov, Darcy Kuemper Organizations: Calgary Flames, Vegas Golden Knights, Scotiabank Saddledome, Calgary, Flames, Golden Knights, Stanley, Blue Jackets, Bruins, Boston, Panthers, Senators, Ottawa, Florida, Sabres, Rangers, Buffalo, New, New Jersey Devils, Avalanche, Colorado, Tampa Bay, Lightning, Sharks, Capitals, San Jose, Washington, NHL, Thomson Locations: Calgary , Alberta, Columbus, Boston, Florida, New York, Denver, San, San Jose
AI threat demands new approach to security designs -US official
  + stars: | 2023-11-27 | by ( ) www.reuters.com   time to read: +2 min
AI (Artificial Intelligence) letters are placed on computer motherboard in this illustration taken, June 23, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing RightsOTTAWA, Nov 27 (Reuters) - The potential threat posed by the rapid development of artificial intelligence (AI) means safeguards need to be built in to systems from the start rather than tacked on later, a top U.S. official said on Monday. "We've normalized a world where technology products come off the line full of vulnerabilities and then consumers are expected to patch those vulnerabilities. We can't live in that world with AI," said Jen Easterly, director of the U.S. Cybersecurity and Infrastructure Security Agency. "We have to look at security throughout the lifecycle of that AI capability," Khoury said.
Persons: Dado Ruvic, Jen, Sami Khoury, Khoury, David Ljunggren, Matthew Lewis Organizations: REUTERS, Rights OTTAWA, U.S, Cybersecurity, Infrastructure Security Agency, Canada's, Cyber Security, Thomson Locations: Ottawa, United States, British
REUTERS/Blair Gable/File Photo Acquire Licensing RightsOTTAWA, Nov 27 (Reuters) - Canadian Prime Minister Justin Trudeau on Monday condemned an attack on a Jewish community center in Montreal and said antisemitic violence must stop immediately. A Molotov cocktail was thrown into the entrance of the Jewish Community Council of Montreal just after midnight on Sunday, according to the council. The attack adds to the growing cases of violence in Montreal since the start of the Gaza conflict between Israel and Hamas on Oct. 7. Earlier this month, two Jewish schools in Montreal reported that shots were fired at their entrances. "These continued acts of antisemitic violence are deplorable and unacceptable – and must stop immediately.
Persons: Justin Trudeau, Blair Gable, Molotov, Saul Emanuel, Montreal, " Trudeau, Ismail Shakil, Sandra Maler Organizations: Canada's, REUTERS, Rights OTTAWA, Canadian, Jewish Community Council of, CBC News, X, Police, Thomson Locations: Ottawa , Ontario, Canada, Montreal, Jewish Community Council of Montreal, Gaza, Israel, Toronto, Canada's, Ottawa
Explainer: What is Alberta's Sovereignty Act?
  + stars: | 2023-11-27 | by ( ) www.reuters.com   time to read: +4 min
Below are some key aspects of the act:WHAT IS THE ALBERTA SOVEREIGNTY ACT? Alberta Sovereignty Within a United Canada Act was approved by the legislature in December 2022 after the initial bill was diluted to its current form. The act affirmed that the Alberta legislature, not Smith's cabinet, would have the last word on lawmaking. The Sovereignty Act was one of the most eye-catching policies Smith promised to introduce after becoming premier last year. Former conservative premier Jason Kenney has blasted the Alberta Sovereignty Act as a "full-frontal attack on the rule of law" that risked turning Alberta into a "banana republic".
Persons: Danielle Smith, Todd Korol, Justin Trudeau's, Smith, " Smith, Trudeau, Jason Kenney, Denny Thomas, Rod, Deepa Babington, Aurora Ellis Organizations: Calgary Stampede, REUTERS, Smith's United Conservative Party, Liberal, ACT, Alberta, United, First Nations, Ottawa, federal National Energy Program, Wildrose Party, Reuters, Former, Thomson Locations: Alberta, Calgary , Alberta, Canada, ALBERTA, United Canada, Saskatchewan, Alberta . Alberta, Ottawa
File photo: Former Minneapolis police officer Derek Chauvin addresses his sentencing hearing and the judge as he awaits his sentence after being convicted of murder in the death of George Floyd in Minneapolis, Minnesota, U.S. June 25, 2021 in a still image from video. Pool via REUTERS/File photo Acquire Licensing RightsNov 26 (Reuters) - Derek Chauvin, the former Minneapolis police officer convicted in the death of George Floyd, is expected to survive following an attack in a prison in Arizona on Friday, according to a spokesperson from the Minnesota Attorney General’s office. The Associated Press earlier reported Chauvin had been stabbed and seriously injured on Friday. "I am sad to hear that Derek Chauvin was the target of violence," Minnesota Attorney General Keith Ellison said in an emailed statement on Saturday. The Federal Bureau of Prisons confirmed an unidentified inmate was assaulted at the Federal Correctional Institution in Tucson, Arizona.
Persons: Derek Chauvin, George Floyd, Chauvin, Keith Ellison, Ellison, Brian Evans, Black, Hannah Lang, David Ljunggren, Steve Gorman, Caitlin Webber, Josie Kao Organizations: Minneapolis, Minnesota Attorney, Associated Press, Federal Bureau of Prisons, Federal Correctional Institution, Bureau of Prisons, Thomson Locations: Minneapolis , Minnesota, U.S, Minneapolis, Arizona, Minnesota, Tucson , Arizona, Washington, Ottawa
Pool... Acquire Licensing Rights Read moreNov 25 (Reuters) - Derek Chauvin, the former Minneapolis police officer convicted in the death of George Floyd, was attacked in a prison in Arizona, Minnesota Attorney General Keith Ellison confirmed on Saturday. "I am sad to hear that Derek Chauvin was the target of violence," Ellison said in an emailed statement. Chauvin is serving a 21-year federal sentence for violating Floyd's civil rights, as well as a concurrent 22-1/2 years for murder on his conviction in Minnesota state court. The Federal Bureau of Prisons confirmed an unidentified inmate was assaulted at the Federal Correctional Institution in Tucson, Arizona. It said employees "initiated life-saving measures" for one individual, who was taken by emergency medical services to a hospital.
Persons: Derek Chauvin, Carolyn Pawlenty, George Floyd, Keith Ellison, Chauvin, Ellison, Black, David Ljunggren, Matthew Lewis Organizations: Former, Associated Press, Federal Bureau of Prisons, Federal Correctional Institution, Thomson Locations: Former Minneapolis, Minneapolis , Minnesota, U.S, Minneapolis, Arizona , Minnesota, Minnesota, Tucson , Arizona, Ottawa
NHL roundup: Lightning's Andrei Vasilevskiy wins season debut
  + stars: | 2023-11-25 | by ( ) www.reuters.com   time to read: +12 min
Jake DeBrusk and Danton Heinen scored for Boston, which had gained points in seven straight games since a 5-4 loss in Detroit on Nov. 4. Kiefer Sherwood had a goal and two assists for the Predators, who won their fourth straight game. Ryan Nugent-Hopkins scored one goal and added two assists, while Evander Kane and Evan Bouchard also scored for the Oilers. Johnathan Kovacevic also scored and Cayden Primeau made 31 saves for Montreal, which won its second straight road game. Kirill Kaprizov had a goal and an assist and Joel Eriksson Ek also scored for Minnesota, which lost its sixth straight game.
Persons: Andrei Vasilevskiy, James Guillory, Nikita Kucherov, Steven Stamkos, Brandon Hagel, Luke Glendening, Hagel, Stefan Noesen, Michael Bunting, Antti Raanta, Vasilevskiy hadn't, Conn Smythe, Kevin Korchinski, Connor Bedard's, Ilya Samsonov, Korchinski, Jason Dickinson, Arvid Soderblom, Nicholas Robertson, Calle Jarnkrok, Ryan Reaves, Max Domi, Alex DeBrincat, Compher, Robby Fabbri, Dylan Larkin, David Perron, Shayne Gostisbehere, Ville Husso, Jake DeBrusk, Danton Heinen, David Pastrnak, Jeremy Swayman, Mika Zibanejad, Chris Kreider, Zibanejad, Kreider, Igor Shesterkin, Sean Couturier, Luke Evangelista, Filip Forsberg, Louis, Kiefer Sherwood, Ryan O'Reilly, Yakov Trenin, Spencer Stastney, Alexandre Carrier, Kevin Lankinen, Pavel Buchnevich, Robert Thomas, Jake Neighbours, Kevin Fiala, Cam Talbot, Anze Kopitar, Arthur Kaliyev, Quinton Byfield, Adrian Kempe, Trevor Moore, Drew Doughty, Kopitar, Marcel Dionne, Radko Gudas, Alex Killorn, John Gibson, Elvis Merzlikins, Merzlikins, Jack Hughes, Jesper Bratt, Eric Robinson, Boone Jenner, Alexander Holtz, Akira Schmid, Leon Draisaitl, Connor McDavid, Stuart Skinner, Ryan Nugent, Hopkins, Evander Kane, Evan Bouchard, Zach Hyman, Charlie Lindgren, Cole Caufield, Jesse Ylonen, Johnathan Kovacevic, Cayden Primeau, William Eklund, Tomas Hertl, Mike Hoffman, Mackenzie Blackwood, Eklund, Nick Suzuki, Hoffman, Ylonen, Blackwood, Connor Hellebuyck, Nino Niederreiter, Nikolaj Ehlers, Adam Lowry, Hellebuyck, Sergei Bobrovsky, Aleksander Barkov, Blake Coleman, Elias Lindholm, Yegor Sharagovich, A.J, Greer, Adam Ruzicka, Calgary's Mikael Backlund, Nazem Kadri, Andrew Mangiapane, Jacob Markstrom, Wyatt Johnston, Jason Robertson, Joe Pavelski, Jamie Benn, Evgenii, Jake Oettinger, Kurtis MacDermid's, Ross Colton, Valeri Nichushkin, Alexandar Georgiev, Kirill Kaprizov, Joel Eriksson Ek, Filip Gustavsson, Alex Tuch, Jeff Skinner, Tuch, Kyle Okposo, Victor Olofsson, Ukko, Pekka Luukkonen, Sidney Crosby, Lars Eller, Alex Nedeljkovic, Mathew Barzal, Anders Lee, Kyle Palmieri, Oliver Wahlstrom, Simon Holmstrom, Alexander Romanov, Brock Nelson, Semyon Varlamov, Drake Batherson, Tim Stutzle, Mathieu Joseph, Anton Forsberg, Sam Lafferty, Thatcher Demko, Teddy Blueger, Dakota Joshua, Nils Hoglander, Ilya Mikheyev, Nils Aman, Conor Garland, Tye Kartye, Joey Daccord Organizations: Tampa Bay, Carolina Hurricanes, PNC Arena, Tampa Bay Lightning, Tampa, Hurricanes, NHL, Blackhawks, Maple Leafs, Chicago, Toronto, Red Wings, Bruins, Detroit, Boston, Rangers, Flyers, Philadelphia, Metropolitan Division, Blues, Nashville, St, Predators, Ducks, Los, Anaheim, The Buffalo Sabres, Kings, Blue Jackets, Devils, Oilers, Capitals, Edmonton, Washington, Canadiens, Montreal, San, Jets, Panthers, Winnipeg, The Jets, Vezina, Florida, Flames, Calgary, Dallas, Stars, Avalanche, Colorado, Minnesota, Penguins, Buffalo, Pittsburgh, Sabres, Islanders, Senators, Ottawa, Canucks, Vancouver, Seattle, Thomson Locations: Raleigh , North Carolina, USA, Raleigh, N.C, Tampa Bay, Toronto, Detroit, New York, Los Angeles, Columbus, Newark , N.J, Jose, San Jose, Winnipeg, Sunrise, Fla, Florida, Saint Paul, Dakota
Metropolitan Museum of Art Costume Institute Gala - Rei Kawakubo/Comme des Garcons: Art of the In-Between - Arrivals - New York City, U.S. - 01/05/17 - Sean "Diddy" Combs. REUTERS/Lucas Jackson/File Photo Acquire Licensing RightsNov 23 (Reuters) - Sean "Diddy" Combs has been accused of drugging and sexually assaulting a university student in 1991 in a lawsuit filed in a New York court on Thursday, the second suit of its kind filed against the hip hop mogul in the past week. The lawsuit alleges Combs intentionally drugged and sexually assaulted Joi Dickerson-Neal, who was a Syracuse University student visiting New York City at the time of the alleged incident in January 1991. Combs is also accused of videotaping the alleged crime and distributing the tape to others in the music industry. A spokesperson for Combs said Dickerson-Neal's story is "made up and not credible," and that the rapper never assaulted her.
Persons: Rei Kawakubo, Sean, Diddy, Combs, Lucas Jackson, drugging, Joi Dickerson, Neal, videotaping, Dickerson, Cassandra Ventura, Sean John, Ismail Shakil, Bill Berkrot Organizations: Metropolitan Museum of Art, REUTERS, New York, Syracuse University, New, Bad Boy Records, Thomson Locations: York City, U.S, New York, New, New York City, Ottawa
OTTAWA, Nov 24 (Reuters) - Canada's Liberal Prime Minister Justin Trudeau on Friday said his main political rival on the right was abandoning Ukraine under the influence of Donald Trump, the Republican frontrunner in next year's U.S. election. Canada's Prime Minister Justin Trudeau takes part in a climate change conference in Ottawa, Ontario, Canada October 18, 2022. The Ukrainian Canadian Congress, a lobby group, said in a statement it was disappointed Conservatives had voted against the trade agreement. On Thursday Poilievre insisted that he supported Ukraine and a free-trade deal, but "voted against Justin Trudeau forcing a carbon tax into that pre-existing agreement". One of Poilievre's main promises is to "axe" Canada's carbon tax if elected.
Persons: Justin Trudeau, Friday, Donald Trump, Pierre Poilievre, Trudeau, MAGA, Blair Gable, Poilievre, Sebastian Skamski, Trump, clobber Trudeau, Steve Scherer, Deepa Babington Organizations: OTTAWA, Liberal, Republican, Conservative, Conservative Party of Canada, Canadian Conservatives, European Union, Trump, Kyiv, Canada's, REUTERS, Ukrainian Canadian Congress, Liberals, Thomson Locations: Ukraine, U.S, Canada, Newfoundland, Ottawa , Ontario, Russia
REUTERS/Alex Filip/File Photo Acquire Licensing RightsOTTAWA, Nov 23 (Reuters) - The number of antisemitic and anti-Muslim hate crimes in Toronto, Canada's largest city, has spiked significantly since the start of the Gaza conflict between Israel and Hamas on Oct. 7, authorities said on Friday. Police chief Myron Demkiw said 78 hate crimes had been reported between Oct. 7 and Nov. 20, compared to 37 in the same time frame in 2022. Since the Oct. 7 Hamas raid into southern Israel and subsequent Israeli retaliation, 25 people have been arrested and 64 charges laid in relation to reported hate incidents. "(Hate crimes) can traumatize not just victims, but all members of the targeted community and beyond," said Demkiw. Toronto has temporarily boosted the size of its hate crime unit to 29 from the usual six.
Persons: Alex Filip, Myron Demkiw, Demkiw, David Ljunggren, Bill Berkrot Organizations: Muslim Association of Canada, REUTERS, Rights OTTAWA, . Police, Thomson Locations: London , Ontario, Toronto , Ontario, Canada, Toronto, Canada's, Gaza, Israel
Canadian Public Safety Minister Dominic LeBlanc speaks at a news conference in Ottawa on September 7. Justin Tang/The Canadian Press/AP/FILECanadian Public Safety Minister Dominic LeBlanc said his government is taking the vehicle explosion at the Rainbow Bridge border crossing “extremely seriously,” and is receiving regular updates from US authorities, Royal Canadian Mounted Police, and border service agencies. “This is obviously a very serious situation,” the minister said, but would not speculate on the “origin” of the incident or fatalities due to its "evolving" nature. He and the Canadian Prime Minister Justin Trudeau will receive further updates in the “coming moments," he said. Trudeau echoed the minister's sentiments and said the explosion at is “obviously a very serious situation” and additional measures are being "contemplated and activated."
Persons: Dominic LeBlanc, Justin Tang, Leblanc, Justin Trudeau, Trudeau Organizations: Canadian Public, Canadian Press, Public, Royal Canadian Mounted Police, Canadian Locations: Ottawa
Governor of the Bank of Canada Tiff Macklem walks outside the Bank of Canada building in Ottawa, Ontario, Canada June 22, 2020. The Bank of Canada (BoC) - seeking to control soaring inflation - hiked rates 10 times between March of last year and July 2023, pushing them up to a 22-year high of 5.00%. "Higher interest rates are squeezing many Canadians, but these rates are relieving price pressures," Macklem said. "To return to low inflation and stable growth in the years ahead, we need these higher interest rates and slow growth in the short term," he added. Some 60% of mortgage holders have yet to renew their home loans at higher rates, the BoC says.
Persons: Blair Gable, Steve Scherer, David Ljunggren OTTAWA, Macklem, David Ljunggren Organizations: Bank of Canada, REUTERS, BoC, Saint, Saint John Region Chamber of Commerce, CBC, Reuters, Thomson Locations: Ottawa , Ontario, Canada, Saint John, Atlantic, New Brunswick, Reuters Ottawa
Two people died Wednesday in the crash after hitting a median at the Niagara Falls International Rainbow Bridge in New York as they sped toward Canada, but Gov. The car flew over an eight-foot fence before it burst into a cloud of flames and oily smoke, she said. Video shows a scene that looks like it was “generated by A.I.,” Ms. Hochul said. The only piece of the car left was the engine, she said, and pieces of the vehicle were scattered for yards near an inspection station. “There was a horrific incident, a crash, an explosion, loss of life,” she said.
Persons: Kathy Hochul, ” Ms, Hochul, Organizations: Canadian, Niagara Locations: States, Niagara, New York, Canada
The country is also almost certainly heading towards a recession — if it's not already in one — and the housing market is partly to blame, economists say. But immigration is just one of many factors at play — Canada's housing crisis far preceded the rise in immigration. Stillo believes Canada's housing bubble has been slowly "deflating" for the last 18 months, despite an upswing in prices earlier this year. But there isn't consensus on if and when Canada's housing bubble will burst — or even if there is a bubble. While housing prices have flattened recently as demand softens, he says they show no sign of significantly declining.
Persons: , it's, Mosche Lander, haven't, Mike Moffat, Tony Stillo, Moffat, Lander, Stillo, they're Organizations: Service, Concordia University, Smart Prosperity, University of Ottawa, US, Oxford Economics, America, Bloomberg Locations: Canada, Canadian
Breton also is co-chair of a government working group on charging infrastructure. "People seem to forget that the backbone of the infrastructure is not public charging, it's home charging," Breton said. 'SERIOUS CHALLENGE'Breton said that 30% of the cost of installing a home EV charging station in the U.S. is covered by a federal tax credit, while California residents can receive rebates for upgrading charging stations and electric panels. Most Canadians drive short distances to work, meaning that public charging is mainly necessary for longer-haul travellers, Breton said. Canada had 19 EVs per public charging point in 2022, while the number was 24 in the U.S., according to the Paris-based International Energy Agency.
Persons: Chris Helgren, Justin Trudeau's, Canada's, Daniel Breton, Breton, Brian Kingston, Kingston, Joanna Kyriazis, Rod Nickel, Denny Thomas, Paul Simao Organizations: Volkswagen, Canadian, REUTERS, Companies Parkland Corp, Justin Trudeau's Liberal, Infrastructure Bank, Parkland Corp, EV, Electric Mobility Canada, Natural Resources, International Energy Agency, Clean Energy Canada, Simon Fraser University, Canadian Vehicle Manufacturers ' Association, Thomson Locations: Toronto , Ontario, Canada, WINNIPEG , Manitoba, British Columbia, Canadian, Parkland, Breton, U.S, California, Natural Resources Canada, Paris, Vancouver, Ottawa, Winnipeg , Manitoba
[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's Deputy Prime Minister and Minister of Finance Chrystia Freeland attends the Canada-CARICOM Summit in Ottawa, Ontario, Canada October 18, 2023. Housing Minister Sean Fraser on Monday confirmed the government is considering such a measure. Many Canadians are dealing with higher living costs and housing affordability has emerged as the main criticism against the government. Freeland has promised to use the FES to try to boost housing supply and to help Canadians struggling with inflation. The Bank of Canada hiked rates to a 22-year high of 5.00% between March of last year and July of this year.
Persons: Finance Chrystia Freeland, Blair Gable, Chrystia Freeland, Justin Trudeau's, Freeland, Derek Holt, Holt, Sean Fraser, Trudeau, Pierre Poilievre, Steve Scherer, Matthew Lewis Organizations: Finance, Canada, CARICOM, REUTERS, OTTAWA, Canada Finance, Justin Trudeau's Liberal, Scotiabank, Canadian Broadcasting Corp, Toronto Star, Housing, Monday, Conservative, Bank of Canada, Reuters, Thomson Locations: Ottawa , Ontario, Canada, FES, United States, Ottawa
Highlights of Canada's fall economic statement
  + stars: | 2023-11-21 | by ( ) www.reuters.com   time to read: +3 min
Canada's Prime Minister Justin Trudeau and Finance Minister Chrystia Freeland walk holding the 2023-24 budget, on Parliament Hill in Ottawa, Ontario, Canada, March 28, 2023. REUTERS/Patrick Doyle/File Photo Acquire Licensing RightsOTTAWA, Nov 21 (Reuters) - Following are some of the commitments the Canadian government made in its Fall Economic Statement released on Tuesday. *invest an additional C$15 billion in new loan funding, starting in 2025-26, for the Apartment Construction Loan Program, for a total of more than C$40 billion in loan funding. This investment will support more than 30,000 additional new homes, bringing the contribution to more than 101,000 new homes supported by 2031-32. *propose to spend C$50 million over three years, starting in 2024-25, to support municipal enforcement of restrictions on short-term rentals.
Persons: Justin Trudeau, Chrystia Freeland, Patrick Doyle, Steve Scherer, David Ljunggren Organizations: Canada's, Finance, REUTERS, Rights OTTAWA, Affordable Housing Fund, Canadian Mortgage Charter, Canadian Radio, Telecommunications Commission, Canadian Transportation Agency, Canada Mortgage, Thomson Locations: Ottawa , Ontario, Canada
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