Author: admin

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A multibillion-dollar global investment manager backed by some of Australia’s largest pension funds will be leading a delegation to the Canada Investment Summit this fall, aiming to pour as much as $10 billion into Canadian infrastructure over the next decade if conditions are right. IFM Investors Pty Ltd. (IFM), which specializes in infrastructure and manages…

Bank of Canada expected to hold interest rate as weak economy, heightened uncertainty persist

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Economists say the Bank of Canada will likely hold its overnight rate at 2.25 per cent on Wednesday because the economy continues to face elevated uncertainty from the conflict in the Middle East and United States tariffs . If policymakers decide to hold the overnight rate again, it will be the sixth consecutive meeting where…

Canada’s going to need to use its aging secondhand British subs for another decade

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Canada will have to squeeze at least another decade of life out of its used British submarines as it waits for Germany to deliver up to 12 new vessels. But not everyone’s convinced that can be done. The four diesel-electric subs the Royal Canadian Navy acquired from Britain in the late 1990s have been plagued…

Letting B.C. charge tolls on new Alberta pipeline is trade barriers ‘on steroids,’ say critics

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The federal government’s decision to allow British Columbia to collect royalties from a proposed new pipeline to the West Coast sets a dangerous precedent for internal Canadian trade by allowing one province to charge a toll for the transportation of goods from another province, analysts warn. Allowing B.C. to charge a pipeline operator for passing…

Canada gives share of Gordie Howe Bridge profits to U.S .to get Trump go-ahead

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The United States and Canada will open the delayed Gordie Howe International Bridge connecting Detroit with Windsor, Ont., on July 27, after the Canadian government agreed to give the U.S. a share of net toll profits, according to officials familiar with the matter. The deal ends a tense standoff between the two trading partners. Canada…

Albertan Mark Milke wants to reinvigorate Canada, not leave it

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“Starting a separatist movement is like starting a war,” says Mark Milke, the founder and president of the Aristotle Foundation for Public Policy. “You think you’d be home by Christmas and you’re still in the trenches four years later.” That was Milke’s blunt assessment of the Alberta independence movement, shared over sushi in a downtown…

Newly launched group wants all Canadians to get outside at the same time

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Martin Sampson would like you to step outside next Saturday. Don’t worry; he’s not challenging you to a fight. Sampson is the CEO of the Canadian Parks and Recreation Association and one of the creators of a new initiative called Everyone Outdoors Together. The plan is simple: On the third Saturday in July — the…

‘Something concrete’: Why Asian-Canadians were moved to denounce antisemitism

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In the emerging movement of non-Jews speaking out against rampant antisemitism in Canada, Fo Niemi and his coalition of Asian community groups in Montreal stand out as veterans. When a city synagogue was firebombed last month, the Centre for Research-Action on Race Relations (CRARR) brought together a coalition of Asian communities – ranging from Cambodian,…

Top 20% of Canadian earners pay more than half of all taxes, says study warning against increasing rates

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High-income families in Canada are paying a disproportionately large share of taxes, according to a new report from the Fraser Institute . The report, which uses data from Statistics Canada’s Social Policy Simulation Database and Model (SPSD/M), shows that the top 20 per cent of income-earning families pay nearly two-thirds (65.3 per cent) of the…

How Lawrence Bishnoi grew his extortion gang in Canada

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