Canada

RBC President and Chief Executive Officer Dave McKay says Canada’s housing crisis presents a longer-term risk to the overall economy.  In an interview with BNN Bloomberg, McKay said many people...

Sumitomo Mitsui Financial Group Inc., one of Japan’s largest banks, is deepening an alliance with Jefferies Financial Group Inc., with the two companies announcing plans to work together on corporate...

Prime Minister Justin Trudeau said Canada’s upcoming budget won’t include new taxes on the middle class, but did not comment on whether the government will introduce other measures to boost...

Efforts to restore affordability in Canada’s housing market by the federal government will mainly focus on increasing supply, says Canada’s housing minister, as the government prepares to release plans in...

Coinbase announced it is the first international cryptocurrency exchange to be registered as a Restricted Dealer by the Canadian Securities Administrators. Coinbase called the news a “culmination of months of...

Canada’s merchandise trade balance recorded its largest surplus since October, driven by a strong increase in gold shipments to Switzerland and the U.K. The country’s trade surplus widened to $1.39...

Prime Minister Justin Trudeau’s government is creating a $1.5 billion (US$1.1 billion) program to help Canadian nonprofit organizations buy affordable apartment buildings and keep the rents down. It’s the latest...

The Canada Mortgage and Housing Corp. is forecasting home prices could match peak levels seen in early 2022 by next year and reach new highs by 2026. The agency’s latest...

Electra Battery Materials Corp. agreed to buy cobalt produced in the Democratic Republic of Congo to feed a refinery the company is building in Canada. The Toronto-based firm, part of...

The U.S.-based food charity World Central Kitchen (WCK) is calling for an independent investigation after Israel killed seven aid workers who were delivering food in central Gaza. “We have asked the governments of...