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Economy
A look at the 15 best Canadian startups of 2021
September 25, 2021 04:32 AM AEST| By Shreya BiswasHighlights One of the companies mentioned here won the Insurance Business Magazine’s Digital Innovator Award in the year 2019. MasterCard and ATB Financial have partnered with one of the below fintech companies. One of them was featured .....
Is Australia falling behind in race to digital economy?
September 24, 2021 01:41 PM AEST| By AayushAccording to the Australian Academy of Science, Australia is at the risk of falling behind in the technology world among technologically driven countries. Countries such as the US, the UK, Canada, etc., are already bumping up their investments in d.....
RBA has sounded the household debt alarm; here’s why
September 24, 2021 11:58 AM AEST| By AayushHighlights Australia’s housing debt has been rising aggressively and the RBA has voiced concerns about the same. Stringent mortgage lending standards and sufficient bank capitalisation could protect lenders, should the country face anothe.....
Prospects of small businesses amid broader economic recovery
September 24, 2021 10:21 AM AEST| By Sonal SinhaHighlights Micro, small and medium size businesses are aggressive and plays a vital role in economic recovery. Many small businesses were hit hard during the COVID-19 pandemic due to lockdown restrictions in place. The Government has introduce.....
Impacts of vaccination on businesses in Australia
September 24, 2021 06:00 AM AEST| By Rini ZachariahHighlights As per the employment marketplace, there is a 55% y-o-y surge in the short-term jobs advertised. The country has also registered a monthly 20% increase in online shopping in August. The current status in the country is that governme.....
Will Trudeau raise tax on Canadian banks & insurance companies?
September 22, 2021 03:07 PM AEST| By Ankit SethiHow much did the Canadian snap election 2021 cost taxpayers? News agencies are citing the C$600-million figure. The point is that the costly mid-pandemic election could have been justifiable had the House of Commons moved toward a majority governme.....
Canada snap election 2021: A quick roundup of all the key highlights
September 22, 2021 07:03 AM AEST| By Shreya BiswasHighlights On Tuesday, September 21, the 2021 federal snap election saw Canada re-elect Prime Minister Justin Trudeau back to power. Despite bagging most of the seats, however, the Liberals are set to form a minority government as the failed to.....
Trudeau’s Liberal Party is winning snap elections. Now what?
September 22, 2021 07:00 AM AEST| By Shreya BiswasHighlights The Justin Trudeau-led Liberal Party is heading back to power in the wake of 2021 federal snap election. One of most prominent promises made during the Liberals’ campaign trail was that of hiking the taxes for Canada’s mo.....
Canada election: What will healthcare look like post Liberal win?
September 22, 2021 05:18 AM AEST| By Team Kalkine MediaHighlights The Liberal Party will form a government for the third time as Canadian Prime Minister Justin Trudeau hung on to power in the 2021 elections. Canada is now among the most vaccinated countries across the globe and leads the G-7 in vac.....
What 2021 snap election says about Canadians’ feelings toward Trudeau
September 22, 2021 04:20 AM AEST| By Shreya BiswasHighlights As per the numbers posted on Election Canada at 12.09PM EST, on Tuesday, September 21, the Liberal Party was leading the election with 158 out of the total 338 seats. Primary opposition Conservatives was right behind with 119 seats. .....
Time to move on and address these economic challenges, Mr Trudeau?
September 22, 2021 03:42 AM AEST| By Raza NaqviPrime Minister Justin Trudeau will form another minority government as the Liberal Party will most likely win 158 seats. Despite an untimely election in the middle of the pandemic, the incumbent leader fell short of the necessary 170 seats to form .....
Canada election: Jagmeet Singh as kingmaker may ensure real tax reform
September 22, 2021 02:40 AM AEST| By Team Kalkine MediaThe gamble Justin Trudeau took by calling a snap election hasn’t really paid off. At the cost of C$ 600 million, it was, after all, the most expensive election in history. While still holding on to power Trudeau has failed at winning a clear .....
Will Canada see snap polls again in 18 months?
September 22, 2021 01:42 AM AEST| By Raza NaqviHighlights The Liberal Party of Canada was leading in 158 seats of 338 seats in the House of Commons at 10 AM EST. After a 36-day long campaign and an election worth C$ 610 million, the final seat tally wouldn't look very much different from th.....
Liberals winning without majority again! What would a minority govt mean?
September 22, 2021 01:15 AM AEST| By Shreya BiswasHighlights Unofficial results of the 2021 snap elections show that Canadians are sending Justin Trudeau back to the prime minister’s office for another term. The Liberal Party, however, is projected to be heading for a minority government.....
Will Canada’s election results bring a paradigm shift to ZEVs?
September 21, 2021 10:55 PM AEST| By Shreya BiswasAs the results of the Canadian election are set to unfold, Canada’s main stock market index, the S&P/TSX Composite Index, saw a single-day decline of 1.64 per cent. This market reaction could be owed to anxiety and uncertainty around who .....
Trudeau likely to return as PM, but actual snap election result may defy predictions
September 21, 2021 03:22 PM AEST| By Ankit SethiHighlights Multiple agencies are predicting a Liberal win in Canada snap election 2021 snap election results will be out soon and the actual tally may be in contrast with projections In actual counting so far, Conservatives are fast catching u.....
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Canada snap election 2021: How debt & inflation can impact TSX Index
September 20, 2021 07:26 PM AEST| By Ankit SethiThe Canada snap election is just around the corner. The two major political parties are looking to win majority seats in the House. Bloc Quebecois, New Democratic and others hope to increase their hold. Before Canadians step out to cast their vote.....
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How Covid rent debt crisis will get worse with Universal Credit cut
September 17, 2021 11:15 PM AEST| By Rishika RainaHighlights StepChange debt charity has warned that Universal Credit cut will worsen the £360m Covid rent debt crisis. The research suggested one in every ten renters anticipated eviction from their homes due to their debts within the next.....
US retail sales rise in August, lifted by back-to-school shopping rush
September 17, 2021 12:05 PM AEST| By Team Kalkine MediaUS retail sales unexpectedly rose in August amid lingering Delta virus concerns, buoyed by back-to-school shopping splurge and government payments to millions of households with children. Retail purchases climbed 0.7% to US$618.7 billion last mont.....
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Top carbon emitters fall short of goals. Where does UK stand?
September 16, 2021 09:19 PM AEST| By Priya BhandariTop corporate carbon emitters failed to disclose the effect of climate risk in their financial statement 2020, reducing the chances of meeting global emission targets, according to a study conducted by the Carbon Tracker and the Climate Accounting .....
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