Shelli Fryer has spent the past six weeks feeling worried, isolated and overwhelmed. She was held hostage during a bank robbery in Saanich, B.C., on June 28. Since then, she’s struggled to find the emotional support needed to work through her trauma. “It’s hard. I am not really recovering,” she …
Read More »What we know about the deadly bank robbery in Saanich, B.C.
Police are still investigating an attempted robbery at a Bank of Montreal in Saanich, B.C., late Tuesday morning. On Thursday afternoon, they gave an update with a few more details, confirming when the first 911 call came in and the make of the suspects’ vehicle. Two armed suspects were killed and six officers …
Read More »Armed ERT unit was near Saanich bank on another call just before suspects emerged with guns, police chief says
The Greater Victoria Emergency Response Team (GVERT) was nearby at an unrelated call and managed to quickly redeploy, arriving in time to engage two armed suspects who were shot dead earlier this week exiting a Saanich bank, the police department’s chief told reporters at a news conference Thursday. Saanich police Chief Dean Duthie said the ERT’s …
Read More »No land? No loan. Why it can be hard to borrow money from a bank if you live on reserve
LouAnn Solway’s love of ranching runs deep. She grew up on Siksika First Nation, about 100 kilometres east of Calgary, and learned how to care for cattle from her father and grandfather. “I was always supposed to be around cattle, feeding them, watering them and fixin’ fences and, you know, making …
Read More »Suburban real estate vulnerable if demand shifts post-pandemic, Bank of Canada warns
The gap between downtown real estate and houses in the suburbs narrowed significantly during the COVID-19 pandemic, a development that may make markets outside big cities even more vulnerable to a slowdown. That’s one of the main takeaways from a recently released analysis by the Bank of Canada that looked at …
Read More »Facing up to a ‘polycrisis’ that the Bank of Canada may not have the tools to fix
The word “polycrisis” has been used before to describe an intersection of troubling economic and political events, but Jacqueline Best suggests we are living through an episode that may really warrant the designation. As the Bank of Canada struggled this week to quell anger at soaring prices with a half-point …
Read More »Bank of Canada all but certain to raise lending rates this week — with more hikes to come
The Bank of Canada is expected to raise its benchmark interest rate by half a percentage point on Wednesday, a move designed to rein in inflation, running at its highest level in decades. There’s a virtually unanimous view among economists that the bank will move its benchmark lending rate to 1.5 …
Read More »Mos, a challenger bank for students, raises a $40M Series B led by Tiger Global at a $400M valuation, up from $50M in May 2020 (Natasha Mascarenhas/TechCrunch)
Natasha Mascarenhas / TechCrunch: Mos, a challenger bank for students, raises a $40M Series B led by Tiger Global at a $400M valuation, up from $50M in May 2020 — ‘I wish I had to only convince 1,000 nerds, but we need to convince 20 million students.’ — Human rights …
Read More »Vietnam-based Timo Bank raises $20M led by Square Peg, its first outside funding since its 2015 founding, as it aims to acquire a digital banking license (Deepti Sri/Tech in Asia)
Deepti Sri / Tech in Asia: Vietnam-based Timo Bank raises $20M led by Square Peg, its first outside funding since its 2015 founding, as it aims to acquire a digital banking license — Vietnam-based Timo Bank has raised US$20 million in a fresh financing round led by Square Peg, a …
Read More »Govt of India, Asian Development Bank sign $300 million loan to improve primary health care in the country, Health News, ET HealthWorld
NEW DELHI: The government of India (GOI) and Asian Development Bank (ADB) has signed a 300 million dollar loan to improve primary health care in urban areas of 13 states that will benefit over 256 million urban dwellers including 51 million from slum areas. As per an official release by …
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