Canada

Canadian Dollar Slips as Stock Weakness, Wider Yield Gap Weigh on Loonie

Canadian Dollar Slips as Stock Weakness, Wider Yield Gap Weigh on Loonie

Toronto (Rajeev Sharma): — The Canadian dollar edged lower against the US dollar on Tuesday as falling equity markets and a widening gap between Canadian and US bond yields pressured the commodity-linked currency. The loonie was trading 0.1 per cent lower at 1.3890 to the US dollar, or 71.99 US cents, after moving within a range of 1.3857 to 1.3898 during the session. Market participants pointed to a risk-off mood in global markets as a key factor behind the weakness. “Stocks have given it up and it feels to me like this is a bit of Iran fears picking up,”…
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Trump Downplays USMCA During Ford Plant Visit, Says US Doesn’t Need Canadian or Mexican Cars

Trump Downplays USMCA During Ford Plant Visit, Says US Doesn’t Need Canadian or Mexican Cars

Washington/Ottawa (Rajeev Sharma): US President Donald Trump on Tuesday dismissed the relevance of the U.S.-Mexico-Canada Agreement (USMCA) during a visit to a Ford manufacturing plant in Dearborn, Michigan, saying the United States does not need the trade pact or vehicles produced in Canada and Mexico. Speaking to reporters at the factory, Trump said the US should focus on domestic automobile production. “The problem is we don’t need their product. We don’t need cars made in Canada, we don’t need cars made in Mexico, we want to make them here,” he said. The visit to the Ford plant, where the company…
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China Sees Chance to Woo Canada as PM Mark Carney Visits Beijing, Urges ‘Strategic Autonomy’ from US

China Sees Chance to Woo Canada as PM Mark Carney Visits Beijing, Urges ‘Strategic Autonomy’ from US

Beijing/Ottawa (Rajeev Sharma): As Canadian Prime Minister Mark Carney arrived in China on Wednesday, Beijing signalled hopes of drawing the long-time US ally slightly away from Washington, amid growing strains between Canada and the United States. Chinese state media used the visit to call on Ottawa to pursue an independent foreign policy course, describing it as “strategic autonomy” from the US. Canada has traditionally been one of America’s closest allies, but China appears to be betting that US President Donald Trump’s aggressive economic policies—and recent military actions—could weaken that relationship. Beijing had earlier expressed frustration with former US President Joe…
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Daylight Killing of Surrey Businessman Triggers Intensive Police Investigation

Daylight Killing of Surrey Businessman Triggers Intensive Police Investigation

Surrey (Rajeev Sharma): A fatal shooting in the middle of the day has left Surrey residents shaken after a Punjabi businessman was killed near his property on Tuesday afternoon. Police confirmed that the incident occurred just after noon, at approximately 12:05 pm local time, outside a farm located near 176 Street and 35 Avenue. The victim, identified as 48-year-old Binder Garcha, was reportedly attacked near the gate of his land and was pronounced dead at the scene. First responders arrived within minutes of receiving emergency calls, but the victim had already suffered fatal injuries. The area was quickly cordoned off…
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RCMP Dossier Claims Incarcerated Gang Leader Bishnoi Orchestrates Crimes Across Borders

RCMP Dossier Claims Incarcerated Gang Leader Bishnoi Orchestrates Crimes Across Borders

Ottawa (Rajeev Sharma): A newly surfaced intelligence document from Canada’s national police force has reignited controversy over alleged foreign-linked criminal activity operating on Canadian soil. The report asserts that Lawrence Bishnoi, a notorious Indian gangster currently imprisoned in Gujarat, continues to command a far-reaching criminal organisation despite being behind bars. The confidential Royal Canadian Mounted Police (RCMP) assessment, accessed by Global News, paints a picture of an organised network involved in extortion, narcotics distribution and targeted killings. Investigators allege that the syndicate remains active in several countries, including Canada, and has been responsible for a series of violent incidents connected…
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IHF to Celebrate 3rd Anniversary of Ayodhya Shri Ram Temple with Grand Shri Ramotsav 2026 in Calgary

IHF to Celebrate 3rd Anniversary of Ayodhya Shri Ram Temple with Grand Shri Ramotsav 2026 in Calgary

Calgary (Rajeev Sharna)) : The International Hindu Foundation (IHF), with strong community support, is set to commemorate the third anniversary of the historic Shri Ram Temple in Ayodhya by organizing Shri Ramotsav 2026, a grand spiritual and cultural celebration in Calgary on Thursday, January 22, 2026, from 5:30 PM to 8:30 PM at Magnolia Banquet Hall, 5075 Falconridge Blvd NE. The official poster of Shri Ramotsav 2026 was formally released during a community interaction by Sonia Joshi of the International Hindu Foundation, along with her dedicated IHF team and other respected community dignitaries. During the poster release, detailed information about…
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Earthquake Uncovers Hidden Fault in Remote Yukon Mountain Region

Earthquake Uncovers Hidden Fault in Remote Yukon Mountain Region

Yukon (Rajeev Sharma): Researchers surveying a remote mountain area in southwest Yukon are examining signs of avalanches and landslides after a powerful earthquake struck near the Alaska–Yukon border last month. The magnitude 7.0 quake, which occurred on Dec. 6, prompted scientists from the Yukon Geological Survey to launch an aerial reconnaissance using helicopters to assess the earthquake’s surface impacts. Their findings have helped confirm a long-standing geological theory that a previously undetected fault lies beneath the region. Although both Alaska and the Yukon are known for seismic activity, scientists say the earthquake occurred in an area that has seen little…
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Ontario Municipalities Ration Road Salt as Early, Severe Winter Strains Supplies

Ontario Municipalities Ration Road Salt as Early, Severe Winter Strains Supplies

Toronto (Rajeev Sharma): Winter is not yet over, but several Ontario municipalities are already facing shortages of road salt, forcing adjustments to how roads and sidewalks are treated during snow and ice events. Cities across the province report that an early start to winter, combined with more frequent and intense precipitation, has led to faster-than-expected use of salt supplies. Municipal crews are responding by rationing salt, increasing the use of sand, or applying blended materials to stretch existing stockpiles. In parts of southwestern Ontario, rainfall and snowfall totals during November and December significantly exceeded seasonal averages. Municipal officials say the…
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Temporary Residents Face Uncertain Future as Canada Tightens Immigration Pathways

Temporary Residents Face Uncertain Future as Canada Tightens Immigration Pathways

Ottawa (Rajeev Sharma): After spending several years building lives in Canadian communities, many temporary residents are now facing the prospect of leaving the country as immigration policies tighten and job instability grows. One young worker in southwestern Ontario arrived in Canada in 2019 as an international student, completed post-secondary education, and invested tens of thousands of dollars in tuition and living expenses. After graduating, he secured employment in the automotive sector and applied for permanent residence through a provincial immigration pathway. That pathway collapsed when successive layoffs—linked to economic pressures and tariffs—caused him to lose the employment required to remain…
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Calgary Teen Convicted of Breaching Terrorism Peace Bond After Posting Extremist Content

Calgary Teen Convicted of Breaching Terrorism Peace Bond After Posting Extremist Content

Calgary (Rajeev Sharma): A 19-year-old man from Calgary has been found guilty of breaching court-ordered conditions after continuing to post extremist content online, prompting a tense exchange with a youth court judge over his expressed beliefs. The teenager, whose identity is protected under a publication ban imposed by the Youth Criminal Justice Act, was convicted Monday after Justice Todd LaRochelle ruled that he violated a terrorism peace bond. The conditions required him to stay off social media and avoid certain locations, including synagogues. Court heard that the young man resumed posting videos linked to ISIS propaganda and shared pro-Nazi material…
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