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TORONTO: Canada’s Big Six banks say they will reduce interest rates on credit cards to provide relief to customers affected by Covid-19 pandemic.
NEW YORK: Wall Street tanked on Thursday, slamming the book on the longest-ever U.S. bull market after new travel restrictions to curb the coronavirus spread spooked investors and rattled world markets.
TORONTO: Canadian miner Teck Resources Ltd has withdrawn an application to build its C$20.6bil (US$15.7bil) Frontier oil sands mine in Alberta, days before the federal government was to decide on whether to approve a project opposed by environmentalists and indigenous groups.
WINNIPEG, Manitoba: As Canadian Prime Minister Justin Trudeau considers whether to approve Teck Resources' Frontier oil sands project, roughly 20 others sit on the shelf as companies delay investment decisions hoping for new pipelines and higher prices
OTTAWA: Canada plans to ban some single-use plastics like straws, bags and cutlery by early 2021 to reduce non-recyclable waste and protect the world's oceans, Canadian Prime Minister Justin Trudeau said on Monday
DINARD: The Group of Seven nations ended a foreign ministers’ meeting in western France without quarrelling on Saturday, as they looked to lay the groundwork for a leaders’ summit in August despite the absence of the US Secretary of State.
MEXICO CITY/OTTAWA: More than six months after the United States, Mexico and Canada agreed a new deal to govern more than US$1 trillion in regional trade, the chances of the countries ratifying the pact this year are receding.
MONTREAL: SNC-Lavalin Group Inc, the embattled engineering firm at the heart of Canada’s biggest political crisis in years, has been dealt another blow in Chile.
OTTAWA: Canada will probably ban Huawei Technologies Co from its 5G network, analysts and security experts say, though Prime Minister Justin Trudeau may delay the decision as long as possible to avoid jeopardising three Canadians detained in China.
VANCOUVER: Huawei Technologies Co Ltd's chief financial officer, the central figure in a high-stakes dispute between the world's two largest economies, made her first appearance in a Canadian court in more than a month on Tuesday as Ottawa weighs extraditing the Chinese executive to the United States.