Page 52 - Canada

Bank of Canada hikes policy interest rate by 25 basis points to 4.5%

The bank conducted eight consecutive interest rate hikes since March 2022 and added 425 basis points in total to tackle inflation

Won't allow sensitive issues to scuttle India-UK trade talks: Piyush Goyal

"With Canada, while they are also not much of a manufacturing base, we have to go into more details. With the UK, it's a manufacturing country on many products. So we have to do it very carefully"

Canada to commercialise world's first photonic-based quantum computer

Canadian Prime Minister Justin Trudeau has announced a new federal investment to build and commercialise the world's first photonic-based, fault-tolerant quantum computer

Canada cybersecurity chief warns data-harvesting apps as national security

Canada's top cybersecurity chief has warned Canadians to exercise caution when using apps that could leave their data in the wrong hands

Canada finalises agreement to buy 88 US F-35 fighter jets for $15 bn

Canada will spend billions to purchase 88 F-35 fighter jets from Lockheed Martin Corp. in a deal announced Monday that aims to end years of deliberations over its aging fleet and fulfill obligations to defend North America's air space. The first four aircraft are anticipated to be delivered in 2026 with full operational capacity for the fleet expected between 2032 and 2034. The government has budgeted about $19 billion Canadian (US$15 billion) for the purchase in what is the largest investment in the Royal Canadian Air Force in more than 30 years. Each jet costs about US$85 million. The full life cycle of the program is expected to cost $70 billion (US$52 billion). Canada has a close defense relationship with the United States, which includes joint missions over North American air space. Canada also has obligations under the North Atlantic Treaty Organization. The announcement comes as Trudeau is set to meet with U.S. President Joe Biden at the North American Leaders' Summit in ...

Govt designates Canada-based Aarshdeep Singh Gill as a terrorist

Canada-based Aarshdeep Singh Gill, who has been involved in targeted killings, terror financing and extortion in Punjab, was on Monday designated as a terrorist by the government. The Union Home Ministry said in a notification that Gill alias Arsh Dala, who was born in Ludhiana but is currently based in Canada, is involved in the cross-border smuggling of drugs and weapons on a large scale. He is associated with the banned Khalistan Tiger Force (KTF) and runs terror modules on behalf of Hardeep Singh Nijjar, a designated terrorist. He is the fifth individual to be designated as a terrorist within a week. All these terrorists are based in countries like Pakistan, Afghanistan, Saudi Arabia and Canada. Gill is an accused in various cases registered and investigated by the National Investigation Agency, including targeted killing, extorting money for terror funding, attempt to murder, disturbing communal harmony and creating terror among the people in Punjab. The central government ..

Canada's merchandise exports declined 2.3% in November 2022: Reports

Canada's merchandise exports decreased 2.3 per cent in November 2022, in large part because of a decline in exports of energy products, according to official figures

UP GIS-23: Pacts worth Rs 19,265 cr signed with firms in US, Canada

Ahead of the Global Investors Summit, the Uttar Pradesh government has signed initial pacts worth Rs 19,265 crore with firms in the US and Canada. A the team under the leadership of Assembly Speaker Satish Mahana and Animal Husbandry Minister Dharampal Singh showcased the state before investors in the US and Canada and held about 51 government-to-government (G2G) and business-to-business (B2B) meetings in the span of three days. As many as 27 letters of intent worth more than Rs 41,000 crores were received, out of which eight proposals were converted into memorandum of understanding (MoU), a release said. Of these MoUs, 4 strategic partnerships were signed. The MoUs on the remaining 19 proposals are expected to be signed before GIS-23, it added. The maximum investment in the MoUs signed so far is going to be in the Logistics, Defence and Aerospace sectors. Mobility Infrastructure Group will invest Rs 8,200 crore in this sector within the state. With this, about 100 employment ...

Canadian govt receives record 431,645 new permanent residents in 2022

In 2022, IRCC processed approximately 5.2 million applications for permanent residence, temporary residence and citizenship

Canada bans foreigners from buying property after surge in property prices

Canada's ban on foreigners buying residential properties took effect on Sunday after the spike in home prices since the pandemic started

Now, Canada and Australia impose Covid rules on travellers from China

Australia and Canada have joined a growing list of countries requiring travellers from China to take a COVID-19 test prior to boarding their flight, as China battles a nationwide outbreak of the coronavirus after abruptly easing restrictions that were in place for much of the pandemic. Australian health authorities said on Sunday that from January 5. All air travellers from mainland China, Hong Kong, or Macao will need to show a negative COVID-19 test taken within two days of their departure. Canadian authorities announced similar measures that will also come into effect January 5 in a statement dated Saturday. Australia and Canada join other countries including the US, UK, India, Japan and several European nations in imposing tougher COVID-19 measures on Chinese travellers amid concerns over a lack of data on infections in China and fears of the possibility that new variants may spread. China, which for most of the pandemic adopted a zero-COVID strategy that imposed harsh ...

What are Arctic blast and bomb cyclones?

People have died, flights cancelled and travel bans have been imposed in parts of US and Canada because of winter storms. News reports are citing terms like arctic blast and bomb cyclones. Here's more

Epic storm wallops US, Canada with blackouts, travel chaos in holidays

While it's packing plenty of snow and frigid temperatures, the storm is mostly noteworthy for its size and speed

A tall order

Biodiversity targets will be hard to achieve

Canada's CPI rises 6.8% in Nov, prices rise 5.4% on yearly basis: Report

Canada's consumer price index (CPI) rose 6.8 per cent year over year in November, following a 6.9 per cent increase in October, the national statistical agency said

Canada issues record-breaking 4.8 million visas in 2022, says IRCC

Canada has processed an all-time high of 4.8 million visa applications in 2022, nearly twice the 2.5 million processed during the same period last year

e-Visa facility for Canadian passport-holders restored: High Commission

However, the mission has given a separate link for those Canadian passport-holders seeking to travel to India for any purpose not qualifying for eVisa

We aim to help 300 Indian startups set up in Canada by 2025: TBDC chief

The country is opening its gates to 500,000 migrants in each of the next three years, hoping a sizable number will be potential entrepreneurs

World comes together to land historic pact, win for planet: Canada Minister

In Montreal at the fifth Conference of the Parties (COP15) to the UN Convention on Biological Diversity, the world has come together to land a historic deal to protect nature and biodiversity

Canadian environment groups hail global pact to reverse nature loss by 2030

Canadian environmental groups have welcomed the Kunming-Montreal Agreement at COP15 in Montreal to halt and reverse global biodiversity loss by 2030 and applaud Canada's leadership