CashNews.co Breadcrumb Trail Links News Transportation Airlines Budget carrier beset by aircraft repossessions, back taxes and a financial backer accused of fraud Author of the article: Bloomberg News Thomas Seal Published Aug 27, 2024 • Last updated 2 days ago • 2 minute read You can save this article by registering for free here. Or sign-in […]
Parex stock plunges as the Canadian oil & gas firm faces challenges in Colombia #CanadaFinance
CashNews.co Blue oil drums stacked in a warehouse in Indiana, U.S. Photographer: Luke Sharrett/Bloomberg (Bloomberg Creative via Getty Images) Shares of Parex Resources (PXT.TO) plummeted in early trading on Thursday after the Calgary-based oil and gas producer operating in Colombia announced the departure of its chief financial officer and a host of operational troubles in […]
Canada abruptly ends visitor work permits to tackle ‘bad actors’: Know more | Personal Finance #CanadaFinance
CashNews.co 5 min read Last Updated : Aug 29 2024 | 2:12 PM IS As of August 28, 2024, temporary residents in Canada holding a visitor visa can no longer apply for a work permit from within Canada. This change marks the end of a policy that was originally introduced in August 2020 to […]
Justin Trudeau says Canada will impose steep tariffs on Chinese EVs and steel #CanadaFinance
CashNews.co Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Canada’s Prime Minister Justin Trudeau said Ottawa would impose 100 per cent tariffs on imports of Chinese electric vehicles and 25 per cent levies on Chinese steel and aluminium, in a move replicating recent […]
Exclusive-Tesla asked Canada for lower tariff on China-made EVs, government source says #CanadaFinance
CashNews.co By David Ljunggren OTTAWA (Reuters) – Before Canada said this week it was imposing a 100% duty on Chinese-made electric vehicles, Tesla approached Ottawa and asked for a lower tariff on its autos, a Canadian government source said on Wednesday. Canada, following the lead of the United States, said on Monday it was setting […]
Rogers Welcomes Newcomers with International Credit Recognition #CanadaFinance
CashNews.co New partnership with Nova Credit makes transition to Canada easier Newcomers can finance a new smartphone and build credit in Canada Toronto, ON (August 28, 2024) – Rogers Communications announced a new partnership with Nova Credit, a cross-border credit bureau, to help newcomers to Canada build credit and finance a new smartphone, making their […]
Canada Post at ‘critical juncture,’ financial situation unsustainable: board chair #CanadaFinance
CashNews.co OTTAWA — The chair of Canada Post’s board says the organization’s financial situation is unsustainable. André Hudon says Canada Post is at a “critical juncture” and significant change is urgently needed to preserve its delivery network. Hudon said the surge in online shopping during the COVID-19 pandemic reshaped the parcel delivery market, and Canada […]
National Bank of Canada’s profit rises on wealth management, markets strength #CanadaFinance
CashNews.co (Reuters) – National Bank of Canada reported a higher third-quarter profit on Wednesday, helped by strong performance in its wealth management and financial markets units. The Canadian central bank’s interest rate cuts for two straight months, in June and July, have boosted trading and wealth management activities for the country’s lenders. National Bank of […]
Canada’s big banks lag on renewable energy investments #CanadaFinance
CashNews.co Article content Canada’s financial institutions are falling short when it comes to the investment levels in renewables needed to reach net zero emissions, according to a new report. Between 2016 and 2024, only three of the country’s largest banks, insurance providers, investment firms and pension boards hit a 2030 International Energy Agency target of […]
EV maker Lucid introduces leasing to finance options in Canada #CanadaFinance
CashNews.co Lucid Expands Accessibility to the Award-Winning Lucid Air for Customers in Canada with New Leasing Options The electric vehicle industry continues to develop, occasionally branching out beyond its usual vehicle territory. As a result, auto dealers in Canada may be interested to note that EV maker Lucid has now introduced leasing to its portfolio […]