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Canada: Trudeau denounces anti-vaccine trucker protests

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 …

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Bank of Canada maintains policy rate, removes exceptional forward guidance

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 …

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

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 …

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Production-Ready Looking Tesla Cybertruck Beta Breaks Cover

It looks slightly different to the last prototypes we saw and it’s undeniably closer to the final production look. Jan 24, 2022 at 4:49am ET Tesla really wants to to start Cybertruck production, although it’s not clear when, and the most recent estimate is early 2023, although there’s a chance it will still debut sometime this year. Progress on the electric …

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Canada ranked 6th-most miserable country by think tank

By Jeff Labine. Published on Jan 18, 2022 11:20am Due to its high rates of inflation and unemployment, a conservative-leaning think tank has ranked Canada the sixth-most miserable country in the world. On Tuesday, the Fraser Institute revealed where 35 countries rank on its Misery Index, an economic measure based on inflation and unemployment rates. With …

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Canada And The United States CrissCross Support For Nuclear Energy’s Bright Future

Jan 18, 2022,08:00am EST James Conca And recently, the U.S. Department of Energy gave a $3 million grant to Canada-based Terrestrial Energy to support licensing and commercialization of its Integral Molten Salt Reactor (IMSR), a Generation IV nuclear power plant. The largest of the DOE awards announced last fall, the award supports modeling and simulation for the off-gas systems of the …

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Pfizer Covid pill approved by Health Canada

By Joel Goldenberg The Suburban Health Canada has approved Pfizer’s antiviral Covid pill Paxlovid Monday morning. “Health Canada has authorized the combination of two antiviral drugs, nirmatrelvir and ritonavir (brand name PAXLOVIDTM), to treat adults with mild to moderate COVID-19 who are at high risk of progressing to serious disease, including hospitalization or death,” says …

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Bank of Canada survey suggests businesses, consumers expect high inflation for longer

Mon., January 17, 2022, 9:40 a.m. OTTAWA — Canada’s central bank says businesses and consumers are increasingly believing that the pace of price increases will continue on its hot rate for longer. The Bank of Canada said Monday its pair of quarterly surveys of businesses and consumers show respondents expect the annual rate of inflation …

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Canada in for ‘intense’ weeks of Omicron infections, hospitalization surges: data

By Aaron D’Andrea  Global News Posted January 14, 2022 10:29 am Updated January 14, 2022 1:07 pm Canada is set for several “intense” weeks of COVID-19 activity as Omicron will continue to drive record infections and hospitalizations, new federal data suggests. The projections, made by Canadian health officials on Friday, indicate the Omicron wave could peak at 170,000 cases a day …

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