Canada's Prime Minister recently spoke at a global event, highlighting the shifting world order. He pointed out that the old system, led by the U. S. , is fading. This change is not just a transition but a significant break. Countries like Canada, known as middle powers, are not helpless. They can s
Canada is making big changes in how it does business. It recently cut a deal with China. This move is a response to the unpredictable trade policies of the U. S. under President Trump. Canada has been hit hard by Trump's tariffs. These are taxes on imports. They make goods from other countries more
Canada and China are taking steps to mend their diplomatic relationship. This comes after a long period of tension. Prime Minister Mark Carney is in China for a four-day visit. This is the first visit by a Canadian prime minister in nearly ten years. During a meeting in Beijing, China's Foreign Min
Canada's music scene is facing some big changes in 2026. Let's dive in. First up, the Online Streaming Act is causing quite a stir. This law, updated in 2023, requires big streaming platforms to pay a portion of their Canadian earnings to support local content. Platforms like Spotify and Netflix ar
Canada has chosen a new ambassador to the United States. Mark Wiseman, a well-known figure in the world of finance, will take on this important role. He is set to start his new job in mid-February. Wiseman has a lot of experience. He has worked in Canada's pension funds and big U. S. financial compa
Canada's top financial watchdog has decided to keep the extra safety net for the country's six largest banks at the same level. This safety net, called the domestic stability buffer, is currently set at 3. 5%. The Office of the Superintendent of Financial Institutions (OSFI) believes these banks are
Canada's Environmental Damages Fund is celebrating 30 years of turning penalties into positive change. Recently, the government announced a $10. 6 million boost for 23 new projects focused on nature conservation and restoration. This fund, established in 1995, has been using money from environmental
Canada is finally moving towards a more secure banking system. The government has announced a new framework for open banking, set to launch in 2026. This system will replace the risky practice of sharing online banking passwords with third-party apps. Instead, users will be able to securely share th
Eastern Congo is in the midst of a serious crisis. Over 400 innocent people have lost their lives in recent clashes. The M23 group, backed by Rwanda, has intensified its attacks in South Kivu. This is happening despite a recent peace deal between Congo and Rwanda, which didn't include the M23 group.
Canada is taking a closer look at its rules for pilot rest times. The reason? Industry players say the current rules are too complicated and hard to follow. This isn't just a Canadian issue. Other countries, like India, are also struggling to balance safety and practicality. In India, the biggest a
