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 Bank of Canada reduces policy rate by 25 basis points

Bank of Canada reduces policy rate by 25 basis points

June 06, 2024 03:26 PM AEST| By Team Kalkine Media

The Bank of Canada has lowered its target for the overnight rate to 4.75%, setting the Bank Rate at 5% and the deposit rate at 4.75% as part of its continued strategy of balance sheet normalization. This decision reflects the Bank's efforts to manage...

 Canada launches $6 billion housing fund to help housing crisis

Canada launches $6 billion housing fund to help housing crisis

April 03, 2024 04:55 PM AEDT| By Team Kalkine Media

Canadian Prime Minister, Justin Trudeau, today announced key measures from the upcoming Budget 2024 to cut red tape, build more homes, and help communities grow....

 Harmony Day 2024 Date, Origins, Importance, Celebration Suggestions, Recent Developments

Harmony Day 2024 Date, Origins, Importance, Celebration Suggestions, Recent Developments

March 21, 2024 06:50 PM AEDT| By Team Kalkine Media

Join us in commemorating Harmony Day 2024, a celebration of cultural diversity and inclusivity in Australia and beyond. Learn about the history and significance of this important day, which promotes peace, understanding, and respect among all communi...

 Yes, Facebook, Instagram, and Facebook Messenger are currently experiencing outages?

Yes, Facebook, Instagram, and Facebook Messenger are currently experiencing outages?

March 06, 2024 02:25 PM AEDT| By Team Kalkine Media

On Tuesday night, Meta-owned platforms Facebook and Instagram experienced a widespread outage, leaving users worldwide frustrated. The disruption, which began around 9 PM IST, saw users abruptly logged out and facing difficulties in logging back in....

 India's richest man splashes out on son Anant Ambani’s wedding

India's richest man splashes out on son Anant Ambani’s wedding

March 04, 2024 04:11 PM AEDT| By Team Kalkine Media

The extravagant pre-wedding celebrations of Anant Ambani, the son of Indian billionaire Mukesh Ambani and his longtime partner Radhika Merchant have been nothing short of spectacular....

 Shohei Ohtani, Los Angeles Dodgers standout, reveals his marital status

Shohei Ohtani, Los Angeles Dodgers standout, reveals his marital status

March 01, 2024 07:36 PM AEDT| By Team Kalkine Media

Witness the shockwaves as baseball sensation Shohei Ohtani unveils his secret marriage on Instagram! Catch a glimpse into his private life and learn about his latest chapter with the Los Angeles Dodgers in this exclusive interview teaser. Stay tuned...

 Aussie brilliance boosts Ricciardo's team in F1 practice; Mercedes issues unexpected alert.

Aussie brilliance boosts Ricciardo's team in F1 practice; Mercedes issues unexpected alert.

March 01, 2024 05:59 PM AEDT| By Team Kalkine Media

The 2024 Formula One season kicked off with a bang at Bahrain International Circuit, with Lewis Hamilton, Mercedes, and Daniel Ricciardo making headlines in the opening practice sessions. Hamilton and Mercedes showed impressive pace in FP2, topping t...

 Coles report group sales revenue from continuing operations increased by 6.8% to $22.2 billion

Coles report group sales revenue from continuing operations increased by 6.8% to $22.2 billion

February 27, 2024 04:00 PM AEDT| By Team Kalkine Media

Coles report group sales revenue from continuing operations increased by 6.8% to $22.2 billion with growth in Supermarkets sales revenue of 4.9% and Liquor sales revenue of 1.8%....

 Shopify reports better-than-expected results, but shares drop

Shopify reports better-than-expected results, but shares drop

February 14, 2024 04:00 PM AEDT| By Team Kalkine Media

Canadian e-commerce giant Shopify has exceeded analysts' expectations for its fourth-quarter revenue and profit, driven by robust demand from merchants during the crucial holiday shopping season....

 Canada extends ban on foreign housing ownership

Canada extends ban on foreign housing ownership

February 05, 2024 04:00 PM AEDT| By Team Kalkine Media

The Canadian government has extended a ban on foreign ownership of Canadian housing by two-years, amid concerns Canadians are being priced out of the local housing market....

 Canada puts cap on international student permits

Canada puts cap on international student permits

January 23, 2024 04:00 PM AEDT| By Team Kalkine Media

In a bid to address a housing crunch exacerbated by a surge in newcomers, Canada has implemented an immediate two-year cap on international student permits....

 Canada to address influx of asylum seekers from Mexico

Canada to address influx of asylum seekers from Mexico

January 22, 2024 05:08 PM AEDT| By Team Kalkine Media

In response to concerns raised by Quebec's premier regarding the surge in refugees arriving by plane, Canada is actively considering various measures to deter Mexican nationals from seeking asylum in the country....

 Canada grants resource-rich Nunavut territory control over its resources

Canada grants resource-rich Nunavut territory control over its resources

January 19, 2024 04:00 PM AEDT| By Team Kalkine Media

Canada has formally handed the giant Arctic territory of Nunavut control over its natural resources. In a move that could advance exploration and development in the area, the agreement now means that reserves of gold, diamonds, iron, cobalt and rare...

 Alberta makes strides in addressing inactive wells

Alberta makes strides in addressing inactive wells

January 18, 2024 04:00 PM AEDT| By Team Kalkine Media

In a significant move to address environmental concerns, Alberta, Canada's primary oil-producing province, successfully remediated 9% of its inactive oil and gas wells in 2022, reducing the total from 91,000 to 83,000, as reported by the provincial e...

 Residents in Alberta have power grid restrictions lifted

Residents in Alberta have power grid restrictions lifted

January 15, 2024 11:55 PM AEDT| By Team Kalkine Media

The Alberta Electric System Operator, or AESO, has officially lifted the grid alert that was issued earlier today. The alert had urged customers to reduce their electricity consumption due to a surge in demand caused by extreme cold weather....

 Gaps in prescription insurance coverage in Canada

Gaps in prescription insurance coverage in Canada

January 11, 2024 11:19 PM AEDT| By Team Kalkine Media

A new study released today confirms that cost-related non-adherence to prescription medication was highest among those with either no insurance plan or a government-sponsored plan, and lowest among Canadians with an employer-sponsored or private plan...

 Canada's November trade surplus narrows as exports decline

Canada's November trade surplus narrows as exports decline

January 10, 2024 05:22 PM AEDT| By Team Kalkine Media

In November, Canada's merchandise imports increased 1.9%, while exports were down 0.6%....

 Canadian police arrest four people in multimillion-dollar money laundering operation

Canadian police arrest four people in multimillion-dollar money laundering operation

January 09, 2024 05:11 PM AEDT| By Team Kalkine Media

Police in Canada have charged three men and one woman who are believed to be responsible for the production and illegal sale of anabolic steroids over the course of eight years, resulting in an illegal profit of more than $9 million....

 Removing barriers to build more homes in Toronto

Removing barriers to build more homes in Toronto

January 03, 2024 04:00 PM AEDT| By Team Kalkine Media

The Canadian federal government is working with municipalities to break down barriers and build more homes, faster so Canadians – from young families, to seniors, to newcomers – can find a place to call home, at a price they can afford....

 Canadian activewear Gildan's board rejects calls to reinstate CEO

Canadian activewear Gildan's board rejects calls to reinstate CEO

December 21, 2023 04:00 PM AEDT| By Team Kalkine Media

Gildan Activewear, the renowned Canadian apparel maker, is grappling with shareholder dissent after its board's recent decision to remove Glenn Chamandy from the CEO role....

Canadian AI All-Stars: Unveiling the Top Stocks for 2025

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