Category: Uncategorized
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Canada Investment Summit live: Ottawa to raise billions by privatizing airport operations, Carney says
Prime Minister Mark Carney’s Canada Investment Summit in Toronto has entered its second day, as the government looks to drum up billions in commitments to jumpstart the economy. Fund managers controlling upwards of $120 trillion in assets have travelled from as far abroad as Australia and Singapore, as well as from the United States. They…
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‘All on the same page’: Collaboration between provinces on approvals a key selling point at summit, Anand says
Disruptions to the world order on trade and an increase in military conflict are turning the spotlight on Canada as a reliable potential partner for global investment, foreign affairs minister Anita Anand said Monday as her government kicked off its inaugural Canada Investment Summit.” Around the world, wherever I am, and it is truly almost…
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Disturbing Cat in the Hat trend explained after B.C. girl chased home and arrests made in U.S.
RCMP in West Kelowna, B.C., are investigating after a teenage girl was chased by a suspect dressed in a Cat in the Hat costume last month. The incident occurred at around 9 p.m. on Aug. 24 and, although the girl was able to reach her residence safely, police are seeking to identify the person in…
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Alberta’s separatists have a Mark Carney problem
In late 2024, Alberta’s separatists were riding high on a wave of anti-Trudeau sentiment. Public support for the Liberal government had hit fresh lows, and a decade of activist policymaking under the former prime minister had reinforced the province’s longtime skepticism that Ottawa could properly represent its interests. Two years on, some Alberta separatists say…
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‘Associate member’ or ‘unique alliance,’ Carney jets to EU in search of new and deeper ties
OTTAWA — Some have called it an “associate memberships.” Others, a historic deeper partnership. Prime Minister Mark Carney described it as a “unique alliance.” No matter what it’s called, one thing is for certain: Carney is heading to the European Parliament this week with the intention of pitching a whole new relationship directly to elected…
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Carney says U.S. deal possible, blow-up helped clarify ‘red lines’
The dramatic collapse of trade talks with the U.S. in August helped clarify Canada’s negotiating “red lines,” said Prime Minister Mark Carney , who added he’s ready to get back to the table for the right deal. In an interview with Bloomberg News, he was asked whether it’s a question of who moves first to…
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Citi and Office Depot have a ‘veto’ over who buys a troubled Canadian miner
The tussle for control of Sherritt International Corp. , a Canadian mining company with deep ties to Cuba , has drawn in two unlikely players: Citigroup Inc. and Office Depot Inc . Thanks to a byzantine series of mergers and acquisitions that go back almost a century, both companies hold claims on property seized during…
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Canada Nickel CEO hopes investment summit restores lustre to early stage mining projects
The Crawford Nickel Project is among more than 160 investments being showcased to global investors this week at the Canada Investment Summit , but the CEO of the company leading the development doesn’t expect a rush of money to flow into the mining sector right away. “Private capital is just getting comfortable again … in…
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Rapper Macklemore dropped from Ed Sheeran tour after anti-Israel rhetoric at concerts
American rapper Macklemore was dropped from musician Ed Sheeran’s tour after anti-Israel rhetoric at previous concerts. In a post on Instagram on Monday, he said: “Ed Sheeran and his team have made the decision to remove me from the Loop tour.” View this post on Instagram Macklemore, 43, opened for the English singer-songwriter earlier this…
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Odds of a Bank of Canada rate hike in December rise with oil in the inflation ‘driver’s seat,’ say economists
Canada’s annual rate of inflation in August may have remained at three per cent, but some economists say the odds of a December rate hike by the Bank of Canada have increased due to surging global oil prices . The price of oil has risen 15 per cent in September to top US$100 a barrel…