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Canada: Trudeau denounces anti-vaccine trucker protests

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Canadian PM slams intimidation, vandalism and ‘racist flags’ at demonstrations organised by some far-right activists. By Al Jazeera StaffPublished On 31 Jan 202231 Jan 2022 Canadian Prime Minister Justin Trudeau has denounced “symbols of hatred and division” that were on display during mass demonstrations by anti-vaccine truckers and their supporters in the capital, Ottawa. Speaking to …

Canada: Trudeau denounces anti-vaccine trucker protests Read More »

Trillion-dollar tech companies set to report quarterly results amid worst January slump since 2008

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PUBLISHED TUE, JAN 25 2022 3:25 PM EST Alex Sherman KEY POINTS Microsoft reported better-than-expected quarterly revenue and earnings on Tuesday and delivered an optimistic outlook. Tesla and Apple report quarterly results this week. This earnings season for tech companies will be the most important in a decade, wrote Wedbush analyst Dan Ives in a …

Trillion-dollar tech companies set to report quarterly results amid worst January slump since 2008 Read More »

Goldman, Citi strategists say it’s now time to buy stocks rout

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Joanna Ossinger and Farah Elbahrawy, Bloomberg News After a selloff that put global stocks on course for their worst month since the start of the pandemic, strategists from Goldman Sachs Group Inc. to Citigroup Inc. say it’s now time to buy. “Any further significant weakness at the index level should be seen as a buying opportunity, …

Goldman, Citi strategists say it’s now time to buy stocks rout Read More »

Bank of Canada maintains policy rate, removes exceptional forward guidance

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January 26, 2022 The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ %, with the Bank Rate at ½ % and the deposit rate at ¼ %. With overall economic slack now absorbed, the Bank has removed its exceptional forward guidance on its policy interest rate. The Bank …

Bank of Canada maintains policy rate, removes exceptional forward guidance Read More »

What you need to know about COVID-19 in Ottawa on Tuesday, Jan. 25

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Key updates on COVID-19 in the region CBC · Posted: Jan 25, 2022 4:00 AM ET  Ottawa Public Health’s main COVID-19 hospitalization and ICU counts rose Tuesday. It also reported five more COVID deaths, meaning 50 of these deaths have been reported in the last three weeks. In Tuesday’s daily update, OPH shared more information about people with COVID-19 …

What you need to know about COVID-19 in Ottawa on Tuesday, Jan. 25 Read More »

National Bank of Canada buys over $600M worth of shares in Tesla (TSLA) and NIO (NIO)

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Canada’s sixth largest commercial bank, National Bank of Canada, has made a large investment into electric vehicle (EV) makers Tesla and NIO. According to a 13F filing from January 24, 2022, the bank purchased and held 567,413 TSLA shares as of December 31, 2021. The filing discloses the total value of the investment at $599,661,000, equating to an …

National Bank of Canada buys over $600M worth of shares in Tesla (TSLA) and NIO (NIO) Read More »

Atlantic premiers meet to discuss clean energy loop, COVID-19 management

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HALIFAX — Atlantic Canada’s four premiers met virtually today to discuss regional priorities, including the Atlantic Loop clean energy project. In a news release following the meeting hosted by Nova Scotia Premier Tim Houston, the premiers reiterated the importance of the $5-billion proposal. The premiers say the Atlantic Loop, which would connect the four provinces …

Atlantic premiers meet to discuss clean energy loop, COVID-19 management Read More »

DELOITTE CANADA LAUNCHES $150 MILLION CAD VENTURE CAPITAL FUND

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BY CHARLES MANDEL CANADIAN STARTUP NEWS JANUARY 25, 2022 Deloitte Venture will make minority investments in emerging tech companies. After tracking rising technology startups for a number of years with its annual Technology Fast 50 list, Deloitte Canada is getting into the venture capital business itself. Deloitte Canada announced that it has launched Deloitte Ventures, a $150 million CAD investment …

DELOITTE CANADA LAUNCHES $150 MILLION CAD VENTURE CAPITAL FUND Read More »

IMF cuts world, Canadian growth in 2022 forecast due to omicron, other woes

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The Canadian Press – Jan 25, 2022 The International Monetary Fund is downgrading its forecast for the world economy this year, citing the spread of COVID-19’s omicron variant, higher energy prices, an uptick in inflation and financial strains in China. The 190-country lending agency now forecasts the global economy will expand 4.4 per cent in 2022. …

IMF cuts world, Canadian growth in 2022 forecast due to omicron, other woes Read More »

Quebec shells out $25 million for business digital transformation

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Daniel J. Rowe CTVNewsMontreal.ca Digital Reporter The Quebec government is shelling out almost $25 million for businesses looking to enter the future. Economy and Innovation Minister Pierre Fitzgibbon announced that the CAQ government will release $24.6 million to support eight projects under the Digital Transformation Offensive (OTN). The money is meant to help 2,000 businesses …

Quebec shells out $25 million for business digital transformation Read More »

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