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Canada’s Unemployment Rate Rises to 7-Year High in August

Ottawa, September 7 (FinanceFlashNews) – Canada’s unemployment rate climbed to 6.6% in August 2024, marking the highest level in more than seven years, excluding...

Canada Imposes 100% Tariffs on Chinese Electric Vehicles

Canada has decided to impose 100% tariffs on electric vehicles manufactured in China, following the steps of the United States. In addition to vehicles, Canada...

Canada’s Rail Shutdown: A North American Crisis in the Making

Montreal, August 22, 2024 (FFN)-  Canada is facing a major transportation crisis as a nationwide rail shutdown threatens to bring the country’s supply chain...

Canadian Banks to Increase Provisions for Credit Losses by Over a Quarter

Six largest Canadian banks are expected to allocate over CAD 4 billion in credit loss provisions for Q3 Projected 27% year-over-year increase driven by rising...

Electric Cars: China and the US Accelerate, Europe Slows Down

The global electric vehicle market continues to grow dynamically. Sales of these vehicles in March 2024 increased by 12% compared to the same period...

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