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Category archives for: Canada News

Canada’s icy reception deepens doubts on G7 role

Canada’s icy reception deepens doubts on G7 role

  OTTAWA (Reuters) – Canada is sliding out the dog sleds to welcome the world’s top finance officials to the Arctic this weekend, but its unusual choice of venue has only underscored doubts as to whether the Group of Seven rich nations is relevant today.
At a time when extra clout for emerging powers like China [...]

Canada’s Flaherty to Ask G-7 for More Help for Haiti

Canada’s Flaherty to Ask G-7 for More Help for Haiti

Canada’s Finance Minister Jim Flaherty said he’ll ask his counterparts from the Group of Seven countries to do more to help Haiti recover from the effects of the Jan. 12 earthquake.
“At the G-7 meeting in Iqaluit in just over a week, I will be exploring with my colleagues where G-7 finance ministers can be of [...]

Bank reform must allow open markets: Bank of Canada

Bank reform must allow open markets: Bank of Canada

OTTAWA (Reuters) – A U.S. proposal to limit banking activities must strike a balance between preventing institutions from being “too big to fail” and the need to keep markets functioning effectively, the head of Canada’s central bank said on Monday.
Bank of Canada Governor Mark Carney made the comments in an interview with the Financial Times [...]

Canada to speed up Haitian immigration requests

Canada to speed up Haitian immigration requests

TORONTO (Reuters) – Canada will step up the processing of immigration applications from Haitians who have Canadian relatives as part of its aid effort following Haiti’s devastating earthquake.
The Canadian government said on Saturday it would give priority to applications by citizens seeking to sponsor close family members from Haiti.
It also said Haitians temporarily in Canada [...]

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