Article content (Bloomberg) — Prime Minister Justin Trudeau announced C$500 million ($375 million) in new military assistance to Ukraine during a surprise visit to the war-torn country on Saturday. Article content The Canadian leader and his deputy, Chrystia Freeland, met with President Volodymyr Zelenskiy in Kyiv as Ukraine’s military steps up its efforts to liberate […]
Article content (Bloomberg) — Canada’s economy is poised to enter a recession as soon as the third quarter, and it’s going to be a painful one for many people, according to Manulife Investment Management’s global chief economist. Article content The Bank of Canada’s surprise move to increase the overnight lending rate to 4.75% on Wednesday […]
Article content (Bloomberg) — Irving Oil Ltd., the operator of Canada’s largest crude refinery, is reviewing strategic options that may include putting billions of dollars worth of key North American refining and fuel-distribution assets up for sale. Other options include a change in the portfolio of its assets and how it operates them, though “no […]
Article content (Bloomberg) — Finance Minister Chrystia Freeland tried to reassure Canadians that the economy is still headed for calmer times after the central bank unexpectedly resumed raising interest rates. Article content “There are a lot of Canadians who are anxious right now and who will be concerned when they see this step taken by […]
Breadcrumb Trail Links PMN Business Something for your week. Author of the article: Bloomberg News Alicia Diaz Published Jun 04, 2023 • 3 minute read Join the conversation ro9w6eugx67h01y(li7x6g{j_media_dl_1.png Source: Bloomberg Article content (Bloomberg) — Hello from New York, where we’re looking to fill the hole left by last week’s Succession finale. Back to reality, where living […]
Article content (Bloomberg) — Caisse de dépôt et placement du Québec hired Yana Watson Kakar, a former consultant and chief executive officer of a blank-check company, to be head of Americas and lead its New York office. Article content Kakar will join Canada’s second-largest pension global as managing director, according to a statement reviewed by […]
Article content (Bloomberg) — Wildfires in Canada have burned an enormous swath of land and forced thousands from their homes, prompting firefighters from across the globe to descend on the country to help douse the flames. The scorched area is 2.7 million hectares (6.7 million acres) in size, or the equivalent of more than 5 […]
Article content (Bloomberg) — Suspected Chinese hackers allegedly breached the US Navy as part of a broader campaign that cybersecurity experts believe was intended to disrupt communications in the Pacific region ahead of a possible crisis. Article content US Navy Secretary Carlos Del Toro told CNBC on Thursday that the Navy was impacted by a […]
Breadcrumb Trail Links PMN Business When officials from 11 countries across Asia-Pacific and the Americas sat down in Detroit on Friday to discuss deepening and expanding their trade bloc, one country was conspicuously absent: the United States. Author of the article: Bloomberg News Eric Martin Published May 26, 2023 • 3 minute read Join the […]
Breadcrumb Trail Links PMN Business If it’s always the economy, Alberta Premier Danielle Smith and her United Conservative Party should be cruising toward reelection on Monday. Author of the article: Bloomberg News Kevin Orland Published May 25, 2023 • 4 minute read Join the conversation 3qv93w4ot]ye78pb4uu)i0]]_media_dl_1.png Source: Bloomberg Article content (Bloomberg) — If it’s always […]