Tag Archives: Financial

Recent changes to Alberta’s student loan program could be problematic for many students in the province, advocates say. For the upcoming academic year, Alberta Student Aid recipients will have to contribute double the previous minimum — $3,000 per loan year, up from $1,500. Parental and spousal income will also be …

The Liberal government is looking to set up a new federal law enforcement agency dedicated to financial crimes, a dramatic undertaking to shake up how money laundering and fraud are investigated in Canada.  “Canada has just, what feels like all of a sudden, established a new federal police agency,” said …

Premier Doug Ford is defending his government’s health-care record ahead of his eighth budget, even as the province’s hospitals say they face a billion-dollar structural funding deficit.  Ontario’s premier has repeatedly pushed back in recent weeks against criticism that his government is not providing the province’s hospital system with enough …

High-end department store conglomerate Saks Global filed for bankruptcy protection late on Tuesday, in one of the largest retail collapses since the pandemic. It comes barely a year after a deal intended to create a luxury powerhouse brought Saks Fifth Avenue, Bergdorf Goodman and Neiman Marcus under the same roof. The filing cast uncertainty over the …

Toronto’s Daily Bread Food Bank is cutting ties with one of its largest member agencies after the charity uncovered discrepancies with invoices Feed Scarborough provided to support grant funding and reported those and other financial management concerns to police. Daily Bread’s board of directors decided not to renew Feed Scarborough’s …

Listen to this article Estimated 3 minutes The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results. Three restaurant owners who financially abused their immigrant employees were handed jail terms this week by …

Caitlin Nash’s cappuccino skills, by her own admission, could use some work. “It’s actually shockingly hard. But we’re getting there,” the Canadian luger, who is doubling as a barista as she aims to compete in her first Olympics at Milano Cortina 2026, told CBC Sports. Nash is among Canada’s bright …

In his bid to become the prime minister of Canada, Mark Carney turned to sports. Not only did his “elbows up” campaign slogan sweep the nation, but in an ad, he delivered the rally cry alongside iconic actor Mike Myers just outside the boards of a hockey rink. Carney went …

A cryptocurrency exchange has been slapped with a fine of almost $177 million — the largest-ever penalty by Canada’s financial intelligence agency — for infractions including failing to flag more than 1,000 transactions with suspected links to criminal activity. The Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) announced …

U.S. support for Argentina hinges on the ruling party of President Javier Milei succeeding in this month’s midterm legislative elections, President Donald Trump said on Tuesday, saying “we’re not going to waste our time” if Milei’s party does not win. Trump and Milei were meeting at the White House just …