overview about the politics of Canada
McKinsey faces US criminal investigation over opioid industry work: Grand jury set up to hear evidence on consulting for drugmakers tied to addiction epidemic
ft.com/content/d88492df-238d-4ff1-b8a4-1b4c9b117c6c
Quick Glance: Investigation against McKinsey in the US over involvement in the opioid industry
- A grand jury was established to examine evidence related to consulting for pharmaceutical companies involved in the addiction epidemic.
- McKinsey is under a criminal investigation in the US for its involvement with opioid manufacturers.
- Furthermore, federal prosecutors are looking into whether the company impeded justice through its actions as concerns about its work grew.
- According to a source, the US Department of Justice has been scrutinizing McKinsey's activities for several years, with a grand jury now set up in Virginia to review evidence.
‘You’re Never Too Busy For Your Banker’: How Italy’s ’Ndrangheta Mafia Allegedly Infiltrated Canadian Banks - OCCRP
occrp.org/en/investigations/youre-never-too-busy-for-your-banker-how-italys-ndrangheta-mafia-allegedly-infiltrated-canadian-banks
Quick Glance: How Italy’s 'Ndrangheta Mafia Allegedly Infiltrated Canadian Banks
- A Canadian faction of the 'Ndrangheta allegedly had close relationships with employees at two major Canadian banks to facilitate their financial activities.
- Angelo Figliomeni, the suspected mob boss, was at the center of the investigation, indicating that bankers were involved in the money laundering process of the group.
- The investigation revealed that the 'Ndrangheta organization generated income through illegal activities such as gambling and loan sharking, which were used for money laundering by bankers like Martino.
- Police seized assets worth millions of dollars and closed around 500 accounts at the implicated banks. Charges against Figliomeni and his co-defendants were dropped due to procedural errors.
Honda to set up $11 bln electric vehicle, battery plants in Canada: Honda Motor plans to invest C$15 billion ($11 billion) in new EV and battery production ...
reuters.com/business/autos-transportation/honda-set-up-11-bln-ev-production-base-canada-2024-04-25/
Quick Glance: Honda to Establish $11 Bln EV, Battery Plants in Canada
- Honda plans to invest C$15 billion in new EV and battery production plants in Ontario alongside existing facilities to support the growth of North American demand for EVs.
- Production is set to start by 2028, with an annual capacity of up to 240,000 EVs and 36 gigawatt-hours for batteries to achieve the goal of having all North American sales from Honda be either EVs or fuel cell vehicles by 2040.
- The Canadian government and Ontario province intend to support Honda with around C$5 billion, with Honda contributing 60%-70% of the total investment to reduce costs by more than 20%.
- Honda will also collaborate with companies like Asahi Kasei and POSCO to further lower production costs and strengthen the EV supply chain in Canada, leading to an increase in jobs and economic growth.
Gaza protesters clash with police at US universities: Demonstrators in Texas were met with state troopers as protests lead to arrests on campuses across the ...
bbc.com/news/av/world-us-canada-68851625
Starbucks loses appeal over union election at Seattle store: A U.S. appeals court on Wednesday rejected Starbucks' claims that an employee vote to unionize at ...
reuters.com/legal/starbucks-loses-appeal-over-union-election-seattle-store-2024-04-24/
Morning Bid: Yen on the brink, but Tesla pulls back: A look at the day ahead in European and global markets from Tom Westbrook
reuters.com/markets/europe/global-markets-view-europe-2024-04-24/
Cuba apologizes to Canada for delivering wrong body to grieving family: Cuba apologized to Canada on Wednesday after authorities accidentally delivered the ...
reuters.com/world/americas/cuba-apologizes-canada-delivering-wrong-body-grieving-family-2024-04-24/
Dashcam video shows dramatic rescue from burning car: Drivers in Minnesota stopped in the middle of a highway to help pull a man out from a vehicle on fire.
bbc.com/news/av/world-us-canada-68860065
DOJ requests 36 months for Binance founder Changpeng Zhao: CZ is the biggest fish in the crypto, until recently running the largest and most far-reaching venue ...
axios.com/2024/04/24/binance-cz-zhao-sentencing-36-months
Quick Glance: DOJ Calls for Binance Founder to Spend Three Years in Prison
- The U.S. Department of Justice stated that Binance's founder, Changpeng "CZ" Zhao, should spend three years in prison for enabling the crypto exchange to violate federal laws on money laundering and sanctions.
- Zhao pleaded guilty to violating the Bank Secrecy Act, with the DOJ recommending a 36-month prison sentence and a $50 million fine.
- Emphasizing the need for a significant punishment, the DOJ highlighted Zhao's financial gains from illegal activities and the importance of deterring others from similar actions.
- The court will decide between incarceration and probation for Zhao, with his defense arguing against his knowledge of specific transactions and advocating for probation due to a lack of risk of repeat offenses.
The Trans Mountain expansion is cause for celebration: Canada got a big project done
theglobeandmail.com/opinion/article-the-trans-mountain-expansion-is-cause-for-celebration-canada-got-a-big/
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Bunge-Viterra agriculture merger runs into Canada competition concerns: Canada's Competition Bureau on Tuesday said it found major competition concerns around U ...
reuters.com/markets/deals/canadian-competition-bureau-has-major-concerns-about-proposed-bunge-viterra-2024-04-23/
HSBC’s Private Bank Shuts IAM Business in HK, Singapore: HSBC Holdings Plc’s private bank has discontinued its independent asset management business in Hong Kong ...
bloomberg.com/news/articles/2024-04-26/hsbc-s-private-bank-shuts-iam-business-in-hk-singapore
Writers Guild of Canada authorizes strike as bargaining continues with producers: TORONTO - The Writers Guild of Canada says its members have voted to authorize ...
thestar.com/entertainment/movies/writers-guild-of-canada-authorizes-strike-as-bargaining-continues-with-producers/article_688d84f5-8566-5c96-8c8a-e5432bec025e.html
Paid articlePaid Canada federal budget does not change fiscal track much, says Bank of Canada
reut.rs/44odr2N
Quick Glance: Macklem Sees Limited Impact of Canada Budget on Fiscal Direction
- Bank of Canada Governor Tiff Macklem suggested Prime Minister Justin Trudeau’s recent budget, which balanced increased spending with a capital gains tax hike and improved revenue forecasts, did not significantly contribute to inflationary pressures.
- Macklem informed reporters on Friday that the budget did not alter the government's fiscal trajectory significantly compared to the November fiscal update. It was highlighted that Finance Minister Chrystia Freeland upheld her commitment regarding deficit maintenance and shortfall reduction goals for the future.
- The Governor emphasized the continued adherence of the budget to these guidelines, which was deemed beneficial. He refrained from delving into specific details of budget measures, emphasizing the responsibility of lawmakers to deliberate on the government's fiscal plan.
- Macklem expressed that the latest three inflation indicators showed a sustained downward trend, with the bank awaiting confirmation that this trend will persist to ensure the progress towards price stability is maintained.
LISTEN: Supreme Court appears to favor Starbucks in case on union organizing protections
pbs.org/newshour/politics/listen-live-supreme-court-hears-case-involving-starbucks-and-protection-for-union-organizing
Canada's auto sector faces an EV renaissance, but local job protection is a concern
ctvnews.ca/politics/canada-s-auto-sector-faces-an-ev-renaissance-but-local-job-protection-is-a-concern-1.6861909
Monthly earnings rise, payroll employment falls: jobs report: The number of vacant jobs in Canada increased in February, while monthly payroll employment ...
ctvnews.ca/business/monthly-earnings-rise-payroll-employment-falls-jobs-report-1.6861362
Canada will take bigger economic hit than U.S. if Trump wins election: report - National | Globalnews.ca
trib.al/fYbQT6P
'Unacceptable': Trudeau reacts after AFN chief says headdress taken from plane cabin
ctvnews.ca/politics/unacceptable-trudeau-reacts-after-afn-chief-says-headdress-taken-from-plane-cabin-1.6863175
Singh noncommittal on keeping scheduled increases to Liberals’ carbon price in place
theglobeandmail.com/politics/article-singh-noncommittal-on-keeping-scheduled-increases-to-liberals-carbon/
DCI appeals for information on prime suspect in murder of JKUAT student Rita Waeni, releases his image; Waeni was found dead on January 14 in Roysambu, Nairobi.
Why so many Chinese graduates cannot find work: Our number-crunching suggests that their plight could be much worse than previously thought
economist.com/china/2024/04/18/why-so-many-chinese-graduates-cannot-find-work
Paid articlePaid Asylum claims by international students have skyrocketed since 2018, figures show
theglobeandmail.com/politics/article-international-students-asylum-claims-increase/
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Canada sends invitations to foreigners to apply for permanent citizenship: Invitations to apply for Canada Express Entry have been sent to a select group of ...
financialexpress.com/business/investing-abroad-canada-express-entry-invitations-sent-to-foreigners-for-permanent-citizenship-3466858/
Bank of Canada officials split on when to start cutting interest rates: Members of the Bank of Canada's governing council were split on how long the central bank ...
ctvnews.ca/business/bank-of-canada-officials-split-on-when-to-start-cutting-interest-rates-1.6860326
Politics Briefing: Younger demographics not swayed by federal budget benefits targeted at them, poll indicates
theglobeandmail.com/politics/article-politics-briefing-younger-demographics-not-swayed-by-federal-budget/
Paid articlePaid Why the rise in shoplifting? Blame our addiction to online shopping: Shoplifting has surged to an alarming level across Canada, industry insiders say
theglobeandmail.com/business/commentary/article-why-the-rise-in-shoplifting-blame-our-addiction-to-online-shopping/
Paid articlePaid When will Mark Carney run?: Some Liberals want the former central banker to bolster Justin Trudeau’s government this summer
theglobeandmail.com/politics/opinion/article-when-will-mark-carney-run/
Paid articlePaid WATCH LIVE: Biden delivers remarks during campaign event at IBEW union conference
pbs.org/newshour/politics/watch-live-biden-delivers-remarks-during-campaign-event-at-ibew-union-conference
Can Canada stave off populism?: Justin Trudeau’s true dough plans to fight populism with policy.
vox.com/2024/4/23/24137689/canada-populism-justin-trudeau-budget-plan
As plastic treaty talks open, countries more divided than ever: Countries are under pressure to make progress on a first-ever global plastics treaty this week ...
reuters.com/business/environment/plastic-treaty-talks-open-countries-more-divided-than-ever-2024-04-23/
Populist buzzsaw puts Democrats on the defensive on climate: Conservatives are aggressively targeting efforts to reduce carbon emissions across the continent.
politico.com/news/2024/04/24/democrat-climate-policies-populist-backlash-00153601
Border agency eyes smartphone facial recognition system amid privacy concerns: Travellers would be able to use facial recognition technology to identify ...
ctvnews.ca/canada/border-agency-eyes-smartphone-facial-recognition-system-amid-privacy-concerns-1.6860400
Are cellphone bills falling in Canada? Critics question Ottawa’s claims - National | Globalnews.ca
trib.al/jVHnwOY
Nearly half of Canadians have negative opinion of latest Liberal budget, poll suggests
theglobeandmail.com/politics/article-nearly-half-of-canadians-have-negative-opinion-of-latest-liberal/
Airbus granted reprieve from Canadian sanctions on Russian titanium, sources say: Source says it came to Ottawa’s attention there were unforeseen effects of the ...
theglobeandmail.com/politics/article-airbus-granted-reprieve-from-canadian-sanctions-on-russian-titanium/
Paid articlePaid Canada's capital gains tax rise will further knock productivity, say economists: Canada's plan to raise taxes on the savings of wealthy people and corporations ...
reuters.com/world/americas/canadas-capital-gains-tax-rise-will-further-knock-productivity-say-economists-2024-04-18/
Politics Briefing: Premiers warn Ottawa against ‘overreaching’ and setting conditions on funding
theglobeandmail.com/politics/article-politics-briefing-premiers-warn-ottawa-against-overreaching-and/
Paid articlePaid Calm down, the sky isn’t going to fall with the capital gains tax hike: For businesses, and for individuals beyond a certain threshold, 67 per cent of capital ...
theglobeandmail.com/business/commentary/article-calm-down-the-sky-isnt-going-to-fall-with-the-capital-gains-tax-hike/
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| Montreal Gazette: Some jobs will be lost, others will be created, "but there's going to be a transition period that could be somewhat chaotic."
montrealgazette.com/news/national/ottawa-puts-up-50m-in-federal-budget-to-hedge-against-job-stealing-ai
Chinese Communist Party-affiliated institute compiled profiles of Canadian MPs of Chinese descent
theglobeandmail.com/politics/article-chinese-communist-party-affiliated-institute-compiled-profiles-of/
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White House calls on pension funds to adopt stronger labor standards : Five major pension funds have already committed more than $1 trillion in capital requiring ...
washingtonpost.com/business/2024/04/23/pensions-labor-white-house-private-equity/
3 UWI academics chosen for international programme on breast cancer research: KINGSTON, Jamaica — Three academics from The University of the West Indies (The ...
jamaicaobserver.com/2024/04/24/3-uwi-academics-chosen-international-programme-breast-cancer-research/
Disability benefit won’t lift Canadians in need above poverty line: advocates - National | Globalnews.ca
trib.al/gRJiXm7
Canadian banks are not fighting climate change on their own. They must be legislated
theglobeandmail.com/business/commentary/article-canadian-banks-are-not-fighting-climate-change-on-their-own-they-must/
Paid articlePaid How quietly promised law changes in the 2024 federal budget could impact your day-to-day life
ctvnews.ca/politics/how-quietly-promised-law-changes-in-the-2024-federal-budget-could-impact-your-day-to-day-life-1.6856924
The Body Shop Canada explores sale as demand outpaces inventory: court filing: The Body Shop Canada is exploring a sale as it struggles to get its hands on ...
ctvnews.ca/business/the-body-shop-canada-explores-sale-as-demand-outpaces-inventory-court-filing-1.6854346
Liberal government turning to influencers to get its message to younger Canadians
ctvnews.ca/politics/liberal-government-turning-to-influencers-to-get-its-message-to-younger-canadians-1.6856611
Top Apple analyst warns Vision Pro demand fell much faster than Tim Cook was anticipating
fortune.com/2024/04/25/apple-meta-metaverse-mixed-reality-vision-pro-quest-demand/
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Lights, camera, algorithm: How artificial intelligence is being used to make films
thenationalnews.com/future/technology/2024/04/19/lights-camera-algorithm-how-artificial-intelligence-is-being-used-to-make-films/
Squatters vow to stay in Gordon Ramsay's pub after 'making deal with owner': The group shut themselves in the York & Albany near Regent's Park, north London ...
mirror.co.uk/3am/celebrity-news/squatters-vow-stay-gordon-ramsays-32632688
Best London Nightclubs Suffer From High Property Prices, Soaring Costs: Soaring costs, safety concerns and noise complaints are strangling after-dark economies ...
bloomberg.com/news/features/2024-04-26/best-london-nightclubs-suffer-from-high-property-prices-soaring-costs
International Insider: ‘Baby Reindeer’s Unexpected Rise; Canadian Strike Nears; Bollywood & Politics
deadline.com/2024/04/international-insider-baby-reindeer-canada-writers-strike-1235895988/
Studio Teachers Reach Tentative Deal With AMPTP On Craft-Specific Issues; Local 44 Seeks To Finalize Bargaining
deadline.com/2024/04/studio-teachers-tentative-deal-amptp-local-44-still-bargaining-1235895611/
Some B.C. seniors endure a quiet housing crisis: In the Vancouver region, 22 per cent of homeless people are seniors
theglobeandmail.com/real-estate/vancouver/article-some-bc-seniors-endure-a-quiet-housing-crisis/
Paid articlePaid Honda’s $11 Billion Electric-Vehicle Expansion Includes Government Aid in Canada: Honda Motor Co. will spend C$15 billion ($11 billion) to build electric ...
bloomberg.com/news/articles/2024-04-25/honda-s-11-billion-electric-vehicle-expansion-includes-government-aid-in-canada
‘Terminator’ creator James Cameron predicts AI could take on Hollywood ‘Terminator’ creator James Cameron says AI could replace him — but not Schwarzenegger
Starbucks and its workers union have made ‘significant progress’ in contract bargaining
qz.com/starbucks-workers-union-contract-bargaining-talks-1851439125
From faulty kids' cribs to flammable kids' bathrobes, here are the recalls of the week
ctvnews.ca/health/from-faulty-kids-cribs-to-flammable-kids-bathrobes-here-are-the-recalls-of-the-week-1.6863192
Ottawa, Quebec commit $100M for semiconductor capacity in Bromont, 280 jobs: The money will support IBM Canada's semiconductor packaging facility.
montrealgazette.com/business/local-business/ottawa-quebec-commit-100m-for-semiconductor-capacity-in-bromont-280-jobs
Tiny hotels eye expansion amid high demand, growing eco-tourism market: These tiny hotels are able to pack up and relocate to other unique sites – a mobility ...
channelnewsasia.com/singapore/tiny-hotels-homes-pods-tourism-container-repurposed-sustainable-tourism-4294436
UPSC 2025 calendar Released, CSE Prelims on May 25, CDS April 13; Check other dates
indianexpress.com/article/education/upsc-2025-calendar-released-cse-prelims-on-may-25-cds-april-13-check-other-dates-9290594/
Perceived job security in Canada falls to lowest since COVID-19 - BNN Bloomberg: Net job security plunged to 44.9 per cent, its lowest level since May 2020 ...
bnnbloomberg.ca/perceived-job-security-in-canada-falls-to-lowest-since-covid-19-1.2062143
Canadian Military's WWII-Era Browning Hi-Power Pistols Are Finally Being Replaced
twz.com/news-features/canadian-militarys-wwii-era-browning-hi-power-pistols-are-finally-being-replaced
UK finance ministry names Liz Oakes to Bank of England FPC: Britain's finance ministry has named financial services executive Liz Oakes to the Bank of England's ...
reuters.com/world/uk/uk-finance-ministry-names-liz-oakes-bank-england-fpc-2024-04-25/
90% of Airbnb ads in Quebec comply with the law: Proulx: And the supply of short-term rentals has dropped, the tourism minister says.
montrealgazette.com/news/quebec/90-of-airbnb-ads-in-quebec-comply-with-the-law-proulx
Experts recommend maintaining Quebec's measles vaccination schedule for children: Giving a first dose at 12 months is the best way to maintain herd immunity ...
montrealgazette.com/news/quebec/experts-recommend-maintaining-quebecs-measles-vaccination-schedule-for-children
Deer are expanding north, and that's not good for caribou: Scientists evaluate the reasons why
phys.org/news/2024-04-deer-north-good-caribou-scientists.html
Plante says Quebec needs to step up and bail out public transit agencies: Montreal's mayor is inviting Quebec's transport minister to take the métro to better ...
montrealgazette.com/news/local-news/plante-says-quebec-needs-to-step-up-and-bail-out-public-transit-agencies
Asia Times Webinar - America’s Debt Bomb: Bracing For The Consequences
May 8, 2024 09:00 AM Eastern Time (US and Canada)
Register in advance for this ... Show more
Webinar-Registrierung - Zoom
Webinar-Registrierung - Zoom
Forex: J$156.35 to one US dollar: KINGSTON, Jamaica — The US dollar on Friday, April 19 ended trading at $156.35 down by 22 cents, according to the Bank of ...
jamaicaobserver.com/2024/04/19/forex-j156-35-one-us-dollar/
What might a serious growth agenda look like? More labour, more capital, and more incentive to use both wisely
theglobeandmail.com/opinion/article-what-might-a-serious-growth-agenda-look-like-more-labour-more-capital/
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Right-Wing Philanthropy's Plan for a Corporate Coup: What if every federal department was run by Betsy DeVos?
commondreams.org/opinion/project-2025-trump-devos
Global leaders are in Canada for the fourth round of negotiations towards what would become the first global treaty to rein in soaring plastic pollution ... Show more
Global plastic treaty talks are happening. What do stakeholders want? | Reuters
Global plastic treaty talks are happening. What do stakeholders want? | Reuters
Bank of Canada Sees Gradual Pace of Rate Cuts to Balance Risks: Bank of Canada officials said monetary policy easing is expected to be “gradual ...
bloomberg.com/news/articles/2024-04-24/bank-of-canada-sees-gradual-pace-of-rate-cuts-to-balance-risks
IATSE & OSHA Launch Investigations Into Accident On Amazon MGM’s ‘The Pickup’ Set
deadline.com/2024/04/the-pickup-iatse-osha-investigation-accident-amazon-1235893689/
Trudeau and Ford to unveil massive EV expansion at Honda in Alliston: The Japanese automaker will have an electric vehicle factory and auto assembly plant in a ...
thestar.com/politics/provincial/trudeau-and-ford-to-unveil-massive-ev-expansion-at-honda/article_45803490-0287-11ef-9dbf-93571f981f87.html
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Election Pitch: Decoding polls through data
Read here: Election-pitch News: Latest Election-pitch News, Photos, Videos and Podcasts | Mint
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