Business Standard

Friday, January 24, 2025 | 03:10 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Canada

Canada's cap on foreign students costs colleges Rs 8,000 cr loss: Explained

Immigration Minister Marc Miller has maintained that the federal government is not responsible for the financial issues facing institutions

Canada's cap on foreign students costs colleges Rs 8,000 cr loss: Explained
Updated On : 24 Jan 2025 | 2:48 PM IST

Americans will pay more if Trump imposes tariffs on Canada, says Trudeau

Outgoing Canadian Prime Minister Justin Trudeau said Thursday American consumers will pay more whenever President Donald Trump decides to apply sweeping tariffs on Canadian products. Trump told reporters in the Oval Office Thursday that he still plans to tariff Canada and Mexico at 25% rates starting as soon as Feb. 1. Trump previously threatened to impose sweeping new tariffs on Mexico, Canada and China as soon as he took office but the tariffs weren't applied on day one. Trudeau said if Trump does go forward "whether it be back on Jan. 20th, on Feb. 1st or Feb. 15th as a Valentines Day present, or on April 1st or whenever Canada will respond with retaliatory tariffs and "prices for American consumers on just about everything will go up." We don't think he wants that, Trudeau told reporters in Ottawa. By targeting America's second largest trading partner after Mexico, Trump risks upending the markets for autos, lumber and oil all of which could carry over quickly to consumers. T

Americans will pay more if Trump imposes tariffs on Canada, says Trudeau
Updated On : 24 Jan 2025 | 8:24 AM IST

Amazon to close 7 warehouses in Quebec, end 1,700 jobs in next 2 months

Online retailer Amazon said on Wednesday that it's closing all seven of its warehouses in the Canadian province of Quebec in the next two months. The e-commerce giant said the move would provide "even more savings to our customers over the long run". However, a Canadian union that successfully unionised one warehouse accused the company of closing its sites to fend off organising efforts in the region. The closures will eliminate about 1,700 permanent full-time jobs in the greater Montreal area, Amazon said. The warehouses also employ 250 temporary employees. Amazon said it would enlist local, third-party companies to deliver packages, reverting to a business model it used in Quebec before 2020. "This decision wasn't made lightly, and we're offering impacted employees a package that includes up to 14 weeks' pay after facilities close and transitional benefits, like job placement resources," Amazon spokesperson Barbara Agrait said in a statement. Agrait said the decision was made

Amazon to close 7 warehouses in Quebec, end 1,700 jobs in next 2 months
Updated On : 23 Jan 2025 | 7:48 AM IST

We have complaints about the border, too: Canada tells US President Trump

Data from the Canada Border Services Agency show that some 2,000 of 7,700 prohibited weapons and firearms - seized at ports of entry between January and October last year - came from the US

We have complaints about the border, too: Canada tells US President Trump
Updated On : 22 Jan 2025 | 9:59 AM IST

Canada visa fraud: How an immigration firm duped Delhi woman of Rs 14 lakh

The Delhi police have urged people to use proper channels for visa applications

Canada visa fraud: How an immigration firm duped Delhi woman of Rs 14 lakh
Updated On : 21 Jan 2025 | 3:20 PM IST

Ready to respond if Trump imposes sweeping tariffs on Feb 1, says Canada

Canadian leaders expressed relief Monday that broad tariffs were not applied to Canadian products on the first day of Donald Trump's presidency, but Trump later said he could impose a 25 per cent tariff on Canada and Mexico on February 1. Trump has been threatening to impose sweeping tariffs on Canada, Mexico and other trading partners. An incoming White House official who insisted on anonymity pointed reporters on Monday morning to a Wall Street Journal story saying Trump will only sign a memorandum telling federal agencies to study trade issues. Still, Trump pledged in his inaugural address that tariffs would be coming and said foreign countries would be paying the trade penalties, even though those taxes are currently paid by domestic importers and often passed along to consumers. We're thinking in terms of 25 per cent on Mexico and Canada, Trump said Monday night in the Oval Office. I think February 1st." Finance Minister Dominic LeBlanc earlier said reprieve is too strong of a

Ready to respond if Trump imposes sweeping tariffs on Feb 1, says Canada
Updated On : 21 Jan 2025 | 9:24 AM IST

India drops to 3rd in trust index; low-income less trusting of institutions

India has slipped one place to third slot when it comes to people's trust in the government, businesses, media and NGOs, while the low-income population is far less trusting than their richer counterparts, a study showed here on Monday. The annual Edelman Trust Barometer, now in its 25th year, released before the start of the World Economic Forum Annual Meeting, also showed that India ranks low at 13th place when it comes to trust of people in other countries, in companies with Indian headquarters. Canada topped this list of foreign-headquartered companies, followed by Japan, Germany, the UK, France and the US, while those ranked higher than India also included Mexico, South Africa, Saudi Arabia, China and Brazil. The overall list for trust of the general population in the government, businesses, media and NGOs was again topped by China, while Indonesia replaced India for the second spot by virtue of an increased score despite the Indian score remaining unchanged. The survey of 28

India drops to 3rd in trust index; low-income less trusting of institutions
Updated On : 20 Jan 2025 | 11:51 PM IST

Planning to visit Canada in 2025? Apply for visa early to avoid delays

Canada issued fresh guidelines to assist travellers

Planning to visit Canada in 2025? Apply for visa early to avoid delays
Updated On : 20 Jan 2025 | 12:54 PM IST

Canada tightens family work permit rules: Key changes for students, workers

The new rules introduce specific restrictions on family OWPs, particularly for international students and foreign workers

Canada tightens family work permit rules: Key changes for students, workers
Updated On : 17 Jan 2025 | 1:18 PM IST

Senators demand US trade chief halt 'secret' talks on investor protections

Tai was seeking to reach binding agreements on legal interpretations of investment protections before President-elect Donald Trump takes office on Monday, the letter said

Senators demand US trade chief halt 'secret' talks on investor protections
Updated On : 16 Jan 2025 | 10:15 AM IST

Canada prepares tariffs on $105 billion of US products if Trump hits first

Canada imported C$487 billion worth of US goods in 12 months to November, so retaliatory tariffs would cover nearly a third of the value of products it buys from its southern neighbour

Canada prepares tariffs on $105 billion of US products if Trump hits first
Updated On : 16 Jan 2025 | 8:22 AM IST

Canadian ambassador warns of 'tit-for-tat' retaliation to US tariffs

Trump has threatened 25 per cent tariffs on all products from Canada and Mexico unless they address his complaints on border security

Canadian ambassador warns of 'tit-for-tat' retaliation to US tariffs
Updated On : 14 Jan 2025 | 7:27 AM IST

Indian-origin Anita Anand opts out of Canada PM race to replace Trudeau

Anita Anand's was among the top contenders for the position after Canadian Prime Minister Justin Trudeau announced his resignation, effective once the Liberal Party elects a new leader

Indian-origin Anita Anand opts out of Canada PM race to replace Trudeau
Updated On : 12 Jan 2025 | 1:47 PM IST

What Canada holds for Indian students and workers in the post-Trudeau era

Despite frustrations with the immigration system, most newcomers reported overall happiness in Canada

What Canada holds for Indian students and workers in the post-Trudeau era
Updated On : 10 Jan 2025 | 6:08 PM IST

Trudeau's Liberal Party to announce Canada's next prime minister on March 9

Justin Trudeau to step down following leadership vote; Mark Carney and Chrystia Freeland emerge as front runners

Trudeau's Liberal Party to announce Canada's next prime minister on March 9
Updated On : 10 Jan 2025 | 11:40 AM IST

Trudeau criticises Trump's proposed US tariffs on Canadian products

Trump says he will impose 25 per cent tariffs on all Canadian imports unless Ottawa boosts border security

Trudeau criticises Trump's proposed US tariffs on Canadian products
Updated On : 10 Jan 2025 | 9:40 AM IST

Indian-origin Canadian MP Chandra Arya announces bid to become next PM

Known as a long-time loyalist of Justin Trudeau, Arya's announcement came two days after Trudeau resigned amid growing discontent within the Liberal Party

Indian-origin Canadian MP Chandra Arya announces bid to become next PM
Updated On : 09 Jan 2025 | 11:30 PM IST

Russia has Arctic interests, says Kremlin on Trump remarks on Greenland

Trump has also floated the idea of turning Canada into a U.S. state and promised to change the name of the Gulf of Mexico to the Gulf of America

Russia has Arctic interests, says Kremlin on Trump remarks on Greenland
Updated On : 09 Jan 2025 | 10:37 PM IST

Trudeau gone, what next for India-Canada ties? Ujjal Dosanjh explains

In an exclusive conversation with Business Standard, former Canadian minister Ujjal Dosanjh spoke about the India-Canada ties in post-Trudeau era

Trudeau gone, what next for India-Canada ties? Ujjal Dosanjh explains
Updated On : 09 Jan 2025 | 2:59 PM IST

Canadian court grants bail to 4 Indians arrested in Nijjar murder case

Karan Brar, Kamalpreet Singh, Karanpreet Singh and Amandeep Singh were arrested by Canada's Royal Canadian Mounted Police in connection with the Nijjar murder probe

Canadian court grants bail to 4 Indians arrested in Nijjar murder case
Updated On : 09 Jan 2025 | 1:52 PM IST