Bank of Canada likely to lead the U.S. Fed in rate cuts:
reuters.com/business/finance/bank-canada-likely-lead-us-fed-rate-cuts-2024-03-26/
Quick Glance: Bank of Canada Likely to Lead U.S. Fed in Rate Cuts
- The Bank of Canada is likely to move ahead of the U.S. Federal Reserve on its first rate cut, as tepid economic growth and cooling inflation are priming up conditions to ease borrowing rates sooner, economists and analysts said.
- Canada may also need deeper cuts in the current cycle, since the economy is much more sensitive to interest rates due to its household debt, which as a percentage of net disposable income is the highest among G7 countries.
- Canada is expected to cut more aggressively over a longer time frame than its neighbor.
- Bank of Canada Governor Tiff Macklem has said that despite two back-to-back soft inflation prints, underlying price pressures in the economy still persisted and it was still too early to consider a cut.
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| Last Updated | Mar 26 |
| Total Articles | 2 |
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Canada's First Nation declares emergency due to excessive chemicals emission: Canada's Aamjiwnaang First Nation declared a state of emergency due to the ...
reuters.com/business/energy/canadas-first-nation-declares-emergency-due-excessive-chemicals-emission-2024-04-27/
Quick Glance: Urgent response to chemical exposure in Canadian First Nation
- Canada's Aamjiwnaang First Nation declared a state of emergency due to the excessive release of harmful chemicals from the plastic manufacturing plant of INEOS Styrolution.
- The company based in Frankfurt was instructed by the provincial environment ministry on April 18 to investigate the cause of the leak at its factory in Ontario.
- The Aamjiwnaang First Nation community, housing around 1,000 individuals, has been surrounded by industrial facilities and has been vocal about environmental concerns.
- The emergency declaration coincides with the gathering of thousands of delegates in Ottawa this week for the United Nations plastics treaty talks aimed at curbing the escalating plastic pollution.
Climate groups picket Swiss National Bank's shareholder meeting over its investments
reut.rs/44o6TBa
Quick Glance: Climate activists protest Swiss National Bank
- Climate campaigners picketed the Swiss National Bank's shareholders meeting to protest against investments damaging the environment.
- The protest followed a ruling by Europe's top human rights court that Bern was not adequately protecting citizens from rising temperatures.
- Around 50 activists demanded SNB to divest from fossil fuel and fracking companies or influence their behavior.
- SNB's investments were linked to significant carbon emissions, but it declined to comment on protests or its investment strategy.
Honda to set up $11 bln electric vehicle, battery plants in Canada: Honda Motor plans to invest C$15 billion ($11 billion) in new EV and battery production ...
reuters.com/business/autos-transportation/honda-set-up-11-bln-ev-production-base-canada-2024-04-25/
Quick Glance: Honda to Establish $11 Bln EV, Battery Plants in Canada
- Honda plans to invest C$15 billion in new EV and battery production plants in Ontario alongside existing facilities to support the growth of North American demand for EVs.
- Production is set to start by 2028, with an annual capacity of up to 240,000 EVs and 36 gigawatt-hours for batteries to achieve the goal of having all North American sales from Honda be either EVs or fuel cell vehicles by 2040.
- The Canadian government and Ontario province intend to support Honda with around C$5 billion, with Honda contributing 60%-70% of the total investment to reduce costs by more than 20%.
- Honda will also collaborate with companies like Asahi Kasei and POSCO to further lower production costs and strengthen the EV supply chain in Canada, leading to an increase in jobs and economic growth.
Swiss National Bank sceptical on holding bitcoin in its currency reserves: The Swiss National Bank remains sceptical about buying bitcoins, Chairman Thomas ...
reuters.com/business/finance/swiss-national-bank-sceptical-bitcoin-its-currency-reserves-2024-04-26/
Honda’s $11 Billion Electric-Vehicle Expansion Includes Government Aid in Canada: Honda Motor Co. will spend C$15 billion ($11 billion) to build electric ...
bloomberg.com/news/articles/2024-04-25/honda-s-11-billion-electric-vehicle-expansion-includes-government-aid-in-canada
SNB Should Consider Women for Top Echelon, Jordan PhD Adviser Says
bloomberg.com/news/articles/2024-04-25/snb-should-consider-women-for-top-echelon-jordan-phd-adviser-says
Paid articlePaid
SNB returns to quarterly profit thanks to Swiss franc weakness - SWI swissinfo.ch
swissinfo.ch/eng/banking-fintech/snb-returns-to-quarterly-profit-thanks-to-swiss-franc-weakness/76388173
Honda to spend $11 billion on electric vehicle strategy in Canada: The move is meant to tap long-term demand in North America and pushes the automaker toward ...
japantimes.co.jp/business/2024/04/26/companies/honda-electric-vehicle-investment-canada/
Toronto, Canada to San Jose, Costa Rica for only $314 CAD roundtrip: Cheap flights from Toronto, Canada to San Jose, Costa Rica for only $314 CAD roundtrip with ...
secretflying.com/posts/toronto-canada-costa-rica-382-cad-roundtrip/
Swiss Banks Face $440 Million Hit on Higher SNB Reserve Rule
bloomberg.com/news/articles/2024-04-22/snb-raises-reserve-requirement-ratio-for-domestic-banks
Paid articlePaid Honda to build electric vehicles and batteries in Ontario, says source: Honda will build electric vehicles and their parts in Ontario with financial support from ...
reut.rs/3UrdpUj
Quick Glance: Honda's Major Investment in Electric Vehicle Factory in Ontario
- According to sources from federal and provincial government levels, Honda is planning to establish a significant new electric vehicle facility in Ontario.
- The forthcoming announcement of the agreement is expected to take place at Honda's facility in Alliston, where plans for a comprehensive project to manufacture electric vehicles, batteries, and components will be revealed.
- Honda's investment in Alliston is projected to surpass the existing major projects in the electric vehicle production sector in Ontario.
- The disclosure of the agreement with Honda is seen as a significant step in the government's efforts to attract companies for establishment in Canada within the emerging electric vehicle industry.
Solar eclipse eye damage: More than 160 cases reported in Ontario, Quebec | Globalnews.ca
trib.al/KzGRAjk
Lily Allen books first class seat on flight and leaves daughter, 12, in economy: The singer revealed she's flying to London for her friend ...
dailyrecord.co.uk/entertainment/celebrity/lily-allen-books-first-class-32668839
SNB: Monster profit and distribution policy: 58 billion francs in profit in just three months. Nevertheless, it is true that the Swiss National Bank does not ...
tagesanzeiger.ch/monstergewinn-der-snb-312537521629
Dashcam video shows dramatic rescue from burning car: Drivers in Minnesota stopped in the middle of a highway to help pull a man out from a vehicle on fire.
bbc.com/news/av/world-us-canada-68860065
Lakefield, Ont., couple celebrates $70M Lotto Max win after keeping it secret for 2 months | Globalnews.ca
trib.al/7Qr4fic
How we met: ‘She accosted me and told me she’d looked me up on Facebook’: Beccy, 49, and Natalie, 60, became best friends after she visited Natalie’s rescue farm ...
theguardian.com/global/2024/apr/25/how-we-met-she-accosted-me-and-told-me-shed-looked-me-up-on-facebook
Canada's auto sector faces an EV renaissance, but local job protection is a concern
ctvnews.ca/politics/canada-s-auto-sector-faces-an-ev-renaissance-but-local-job-protection-is-a-concern-1.6861909
Non-stop from Toronto, Canada to the Bahamas for only $352 CAD roundtrip: Non-stop flights from Toronto, Canada to the Bahamas for only $352 CAD roundtrip with ...
secretflying.com/posts/toronto-canada-to-the-bahamas-for-only-386-cad-roundtrip/
Japan is poised to fill an EV gap left by China: A new Honda facility in Canada shows that Asia’s auto industry is ready to meet North American needs.
japantimes.co.jp/commentary/2024/04/24/japan/japan-china-ev-gap/
Canada's planned capital gains tax hike may choke mining startups, dealmakers say
reuters.com/markets/commodities/canadas-planned-capital-gains-tax-hike-may-choke-mining-startups-dealmakers-say-2024-04-22/
Quick Glance: Canada's Proposed Capital Gains Tax Hike May Impact Mining Start-ups
- Canada's Prime Minister Justin Trudeau and Finance Minister Chrystia Freeland hold the 2024-25 budget, surrounded by members of Parliament on the hill of Ottawa. Canada's planned capital gains tax hike could deter investments in mineral exploration, according to the country's leading stock exchange operators and dealers.
- Prime Minister Justin Trudeau's government proposes increasing the share of capital gains subject to taxation to two-thirds for individuals with annual investment profits of over C$250,000 ($181,752), companies, and trusts to raise revenue for public programs. The measure will be effective on June 25 and could undergo amendments.
- Mining, oil, and gas exploration companies on the TSX Venture Exchange have raised funds by issuing flow-through shares, which account for 65% of all funds raised by exploration mining companies on Canadian exchanges. Canada's exploration companies have only raised C$240 million in March, down by 79% from a year ago.
- Industry lobby groups hope the government will provide an exemption for flow-through share investors, as failure to do so could jeopardize over 70% of all resource explorations in Canada. The proposed measure is feared to potentially signal the end of many mineral explorations in Canada.
Train cars catch fire while moving through Ontario: Local officials reported no injuries after five train cars were spotted ablaze heading towards a downtown ...
bbc.com/news/av/world-us-canada-68878299
Politics Briefing: Federal, Ontario governments commit up to $5-billion to Honda EV plant
theglobeandmail.com/politics/article-politics-briefing-federal-ontario-governments-commit-up-to-5-billion/
Paid articlePaid SNB raises minimum reserve requirement for domestic banks: The Swiss National Bank said on Monday it is raising the minimum reserve requirement for domestic ...
reuters.com/markets/europe/snb-raises-minimum-reserve-requirement-domestic-banks-2024-04-22/
Ontario is about to change when your boss can ask you for a sick note: Ontario is planning to relax rules on sick notes and is testing artificial intelligence ...
thestar.com/politics/provincial/ontario-is-about-to-change-when-your-boss-can-ask-you-for-a-sick-note/article_591ca7c2-025a-11ef-882c-cbb4058f9a21.html
Paid articlePaid Toulouse, France to Toronto, Canada for only €365 roundtrip: Cheap flights from Toulouse, France to Toronto, Canada for only €365 roundtrip with Lufthansa and ...
secretflying.com/posts/toulouse-france-toronto-canada-e287-roundtrip/
Climate activists picket Swiss National Bank’s shareholder meeting: Climate groups want the SNB to sell its holdings in companies that they see as damaging the ...
swissinfo.ch/eng/banking-fintech/climate-activists-picket-swiss-national-banks-shareholder-meeting/76463889
MPP Sarah Jama refuses order to leave Ontario legislature for wearing a kaffiyeh: Speaker Ted Arnott gave the order for Jama to leave during question period.
thestar.com/politics/provincial/mpp-sarah-jama-refuses-order-to-leave-ontario-legislature-for-wearing-a-kaffiyeh/article_31dfbc5c-0328-11ef-bdcd-eb710589ebf0.html
Paid articlePaid Why measles vaccination needs to be a top priority: Measles cases in Ontario are on the rise, and we all need to do our part to stop the spread
theglobeandmail.com/opinion/article-why-measles-vaccination-needs-to-be-a-top-priority/
Striking Art Gallery of Ontario workers reach tentative deal with museum: TORONTO - The union representing hundreds of striking Art Gallery of Ontario workers ...
thestar.com/news/canada/striking-art-gallery-of-ontario-workers-reach-tentative-deal-with-museum/article_f93dfb4a-141d-5144-bb61-41d842fc7153.html
Paid articlePaid Airbus granted reprieve from Canadian sanctions on Russian titanium, sources say: Source says it came to Ottawa’s attention there were unforeseen effects of the ...
theglobeandmail.com/politics/article-airbus-granted-reprieve-from-canadian-sanctions-on-russian-titanium/
Paid articlePaid Train goes up in flames while rolling through London, Ont. Here’s what we know | Globalnews.ca
trib.al/A8L8EFN
Ukrainian politician calls for more military aid from Canada: Chair of Ukraine’s commission on arms control says Ukraine is hoping to receive shells, missiles ...
theglobeandmail.com/world/article-ukrainian-politician-calls-for-more-military-aid-from-canada/
Paid articlePaid
Compass Point listed for nearly $20 million: The five-storey Compass Point building on the outside edge of the City of Hamilton is up for sale, listed for $19 ...
royalgazette.com/local-business/business/article/20240422/compass-point-listed-for-nearly-20-million/
Ontario to increase speed limits on several parts of Highway 401, and other major highways
thestar.com/politics/provincial/ontario-to-increase-speed-limits-on-several-parts-of-highway-401-and-other-major-highways/article_7fcf8518-0243-11ef-bb89-53714d450e92.html
Paid articlePaid Canada’s oddly specific EV credits for Honda amounts to poor industrial policy : The federal government and Ontario’s a multibillion-dollar deal with Honda would ...
theglobeandmail.com/business/commentary/article-canada-honda-electric-vehicle-chain/
Paid articlePaid Indigenous delegates say they are being left out of key talks on global plastic pollution treaty
theglobeandmail.com/politics/article-indigenous-delegates-say-they-are-being-left-out-of-key-talks-on/
Paid articlePaid Trans youth deserve better: Young Canadians questioning their gender identity are owed a careful review of best practices. Politicians and activists are both ...
theglobeandmail.com/opinion/article-canada-gender-identity-politics/
Paid articlePaid When will Mark Carney run?: Some Liberals want the former central banker to bolster Justin Trudeau’s government this summer
theglobeandmail.com/politics/opinion/article-when-will-mark-carney-run/
Paid articlePaid
Conservatives, NDP demand Ottawa protect Canadians' jobs at new EV plants: Canadian workers are being sidelined in favour of foreign workers at the NextStar ...
montrealgazette.com/news/national/conservatives-ndp-demand-ottawa-protect-canadians-jobs-at-new-ev-plants
Toronto, Canada to Puerto Vallarta, Mexico for only $397 CAD roundtrip: Cheap flights from Toronto, Canada to Puerto Vallarta, Mexico for only $397 CAD roundtrip ...
secretflying.com/posts/toronto-canada-to-puerto-vallarta-mexico-for-only-390-cad-roundtrip/
These two fixes for the housing crisis have a bigger impact than Ottawa’s policies
theglobeandmail.com/business/commentary/article-these-two-fixes-for-the-housing-crisis-have-a-bigger-impact-than/
Paid articlePaid Even in Canada, the station wagon won’t die. Long live the station wagon: Car companies and wagonheads refuse to let these long-roofed wonders die ...
theglobeandmail.com/drive/culture/article-even-in-canada-the-station-wagon-wont-die-long-live-the-station-wagon/
Paid articlePaid Fickle home buyers tiptoe into spring market: A swell in new listings after the Easter long weekend may point to a pickup in sales ahead as buyers absorb the new ...
theglobeandmail.com/real-estate/toronto/article-fickle-home-buyers-tiptoe-into-spring-market/
Paid articlePaid Ontario takes action against chemical plant after Aamjiwnaang First Nation residents fell ill | Globalnews.ca
trib.al/LhYdCMk
Calm down, the sky isn’t going to fall with the capital gains tax hike: For businesses, and for individuals beyond a certain threshold, 67 per cent of capital ...
theglobeandmail.com/business/commentary/article-calm-down-the-sky-isnt-going-to-fall-with-the-capital-gains-tax-hike/
Paid articlePaid Co-op apartment along the Rosedale Ravine gets two offers: After 20 visits, Moore Park unit sells for $17,000 shy of the list price
theglobeandmail.com/real-estate/toronto/article-co-op-apartment-along-the-rosedale-ravine-gets-two-offers/
A Mississauga NHL team? Mayoral candidate wants to make that a reality | Globalnews.ca
trib.al/HWtLC3x
Why striking down Ontario’s ‘ag-gag’ law is so important: Without the ability to expose cruel practices on factory farms, the public loses out on the full ...
theglobeandmail.com/opinion/article-why-striking-down-ontarios-ag-gag-law-is-so-important/
Paid articlePaid SNB’s Jordan Warns New Inflation Shocks Could Hit ‘Any Time’
bloomberg.com/news/articles/2024-04-26/snb-s-jordan-warns-new-inflation-shocks-could-hit-at-any-time
Editorial: Want to move to Canada? Think carefully, Americans.: Canadian Prime Minister Justin Trudeau, once a Kennedy-esque figure, now is reeling from anemic ...
chicagotribune.com/2024/04/26/editorial-canada-american-exodus-election/
Chinese keyboard apps have vulnerability and reveal what users are typing: Researchers at the University of Toronto have found an encryption flaw in keyboard ...
heise.de/news/Chinesische-Tastatur-Apps-haben-Schwachstelle-und-verraten-was-Nutzer-tippen-9699644.html
ELLE Escapes: Toronto: Here are the best places to visit—and what to pack for each vibe—in Toronto.
elle.com/culture/travel-food/a60254837/toronto-canada-travel-review/
Yes, Six Feet Under Really Does Have The Best Finale Of All-Time: The series finale of Six Feet Under gets to the heart of what it means to be human: the ...
slashfilm.com/1569000/six-feet-under-best-finale-of-all-time/
Canada: Amid anti-immigration rhetoric, curbing international students is a knee-jerk reaction
scroll.in/article/1067037/canada-amid-anti-immigration-rhetoric-curbing-international-students-is-a-knee-jerk-reaction
Homes: Fewer transactions, but hardly any discounts: In the past two years, buying has been more expensive than renting. Despite this, home prices have not ...
nzz.ch/finanzen/eigenheime-hoehere-zinsen-haben-die-preisentwicklung-nicht-gebremst-ld.1827877
Red gold: Climate change plays role as saffron cultivation comes to Nova Scotia: In Canada, the spice is now grown in parts of Nova Scotia, Quebec ...
montrealgazette.com/news/national/red-gold-climate-change-plays-role-as-saffron-cultivation-comes-to-nova-scotia
Saint Laurent Adds Another YSL Canada Location + More Fashion News: Saint Laurent opens a new store on Bloor Street to shop all YSL items in Canada ...
fashionmagazine.com/style/ysl-canada-toronto-store/
Studying abroad: Why students in Sri Lanka are applying to Canadian, U.S. and U.K. universities
theglobeandmail.com/opinion/article-studying-abroad-why-students-in-sri-lanka-are-applying-to-canadian-us/
THA Minority Leader walks out of plenary sitting - Trinidad and Tobago Newsday: THA Minority Leader Kelvon Morris walked out of the plenary sitting of the THA in ...
newsday.co.tt/2024/04/25/tha-minority-leader-walks-out-of-plenary-sitting/
Against SNB investments in fracking: Action in front of Kursaal Bern: During the general meeting of the Swiss National Bank, activists demonstrated for more ...
derbund.ch/gegen-snb-investitionen-in-fracking-aktion-vor-berner-kursaal-659667264528
Tiny hotels eye expansion amid high demand, growing eco-tourism market: These tiny hotels are able to pack up and relocate to other unique sites – a mobility ...
channelnewsasia.com/singapore/tiny-hotels-homes-pods-tourism-container-repurposed-sustainable-tourism-4294436
Alleged Italian Mobsters Grew Powerful in Toronto. Experts Say Canadian Law Can’t Stop Them. - OCCRP
occrp.org/en/investigations/alleged-italian-mobsters-grew-powerful-in-toronto-experts-say-canadian-law-cant-stop-them
Quick Glance: Italian Mobsters Thrive in Toronto Despite Canadian Law
- Vincenzo Muià traveled to Toronto to meet with Angelo Figliomeni, accused by Canadian police of leading a powerful 'Ndrangheta faction.
- Challenges in Canadian law hinder prosecution of organized crime groups, experts highlight.
- Figliomeni, convicted of weapons charges in Italy, remains safe in Canada due to lack of extradition grounds for 'mafia association.'
- Figliomeni's 'Ndrangheta faction in Toronto influences events in Italy, an unprecedented situation according to Italian authorities.
Court ruling affirms law curbing parliamentary immunity of spy watchdog members: The Ontario Court of Appeal has affirmed the constitutionality of a law that ...
ctvnews.ca/politics/court-ruling-affirms-law-curbing-parliamentary-immunity-of-spy-watchdog-members-1.6862306
AI-Powered Patient Visit Summarizer, Tested Out in Canada: A new pilot program in Canada looks to summarize and transcribe patient visits through AI software ...
techtimes.com/articles/303979/20240425/ai-powered-patient-visit-summarizer-tested-out-canada.htm
Ontario wines have never been better. Here are some of the best at the LCBO: Ontario wines have never been better. Our wine critic rounds up some of her ...
thestar.com/life/food-and-drink/ontario-wines-have-never-been-better-here-are-some-of-the-best-at-the-lcbo/article_a68c7460-fe8b-11ee-b6d1-0761a9ca8de9.html
Paid articlePaid Swiss National Bank: The weak franc helps the SNB achieve a record profit: The SNB generates a profit of 59 billion francs in three months. Nevertheless ...
nzz.ch/wirtschaft/der-schwaechere-franken-verhilft-der-nationalbank-zu-einem-rekordgewinn-ld.1827926
Hot Docs Is Opening Amid a Crisis That Could End the Festival: Toronto's Hot Docs, North America's largest fest devoted to documentaries ...
variety.com/2024/film/news/hot-docs-crisis-could-be-last-festival-1235979550/
Paid articlePaid
How to Watch Murdoch Mysteries in US For Free: Where to Stream: Here's how to watch Murdoch Mysteries in the US for free and where to stream the Canadian ...
soaps.sheknows.com/soaps/news/726937/how-to-watch-murdoch-mysteries-in-us/
Stunning 81-Room Six Senses Kyoto Now Open: The 81-room Six Senses Kyoto is the brand's first property in Japan, and it looks stunning ...
onemileatatime.com/news/six-senses-kyoto/
EPA kicks off Rouge River dredging project around Zug Island: The $84 million dredging project will remove contaminants that impact safe fish consumption.
detroitnews.com/story/news/local/wayne-county/2024/04/24/epa-dredging-rouge-river-zug-island-contaminated-sediment-pollution-detroit-river-canada-honeywell/73438809007/
How Detroit's Renaissance Center got its name: In 1973, more than 350 people entered a contest to name the then new glass towers on Detroit's riverfront.
freep.com/story/news/local/michigan/detroit/2024/04/24/how-detroits-renaissance-center-got-its-name/73427882007/
Climate Alliance and National Bank in dispute - will it now come to court? - Zofinger Tagblatt
zofingertagblatt.ch/klima-die-klima-allianz-stellt-acht-antraege-fuer-die-generalversammlung-der-nationalbank-und-wie-diese-antwortet/
Eleanor Alberga: ‘I didn’t want to have to shout about being a Black composer’: As her new piano concerto receives its world premiere, the composer reflects on ...
inews.co.uk/culture/arts/eleanor-alberga-i-didnt-want-to-have-to-shout-about-being-a-black-composer-3015425
Bitcoin can restore Swiss neutrality, says activist petitioning SNB to invest : ‘Switzerland can lead the way,’ says campaign leader Yves Bennaïm
marketwatch.com/story/bitcoin-can-restore-swiss-neutrality-says-activist-calling-on-central-bank-to-invest-in-cryptocurrency-fecad0ec
Japan Is Poised to Fill a North American EV Gap Left by China: A new Honda facility in Canada shows that Asia’s auto industry is ready to meet North American ...
bloomberg.com/opinion/articles/2024-04-23/japan-is-poised-to-fill-a-north-american-ev-gap-left-by-china
Paid articlePaid My employer offers 50 hours of free childcare, saving us £750 a year: More workplaces are offering free hours of childcare to staff, encouraging more people to ...
inews.co.uk/inews-lifestyle/money/bills/employer-offers-50-hours-free-childcare-3018142
OYO Hotel suddenly closes with baffled guest 'turned away at the door': Hotel MJ Kingsway says it has shut its doors to guests
grimsbytelegraph.co.uk/news/grimsby-news/oyo-hotel-suddenly-closes-surprised-9239631
All the North Staffordshire roadworks to avoid this week: It's another week where temporary lights have gone up on various key routes
stokesentinel.co.uk/news/stoke-on-trent-news/stoke-trent-north-staffordshire-roadworks-9241472
Binance sued in Canada for securities law violations: Binance is served with a new class action lawsuit in Ontario alleging that it sold crypto derivatives in ...
cointelegraph.com/news/binance-sued-canada-securities-law
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