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The Canadian Media

The Canadian Media

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Finance/Business

Finance/Business

US President and his Republican opponents reach a debt ceiling deal amid a looming financial crisis

May 28, 2023May 28, 2023 - by cmedia

Washington/CMEDIA: Owing to a potential debt default faced by the US, an in-principle agreement to raise the US debt ceiling has been reached by the US President Joe Biden and …

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Finance/Business

Canadian corporations report a decrease in NIBT in first quarter of 2023, Statistics Canada reports say

May 28, 2023May 28, 2023 - by cmedia

Toronto, CNEDIA: During the first quarter of 2023, Canadian corporations reported a 5.6% decrease (or -$9.8 billion) to $165.9 billion in Net income before taxes (NIBT) impacting both in financial sector and non-financial sector, Statistics Canada …

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Finance/Business

Statistics Canada’s new report creates doubts of Canada’s claims of prevailing labour shortage

May 27, 2023May 27, 2023 - by cmedia

Ottawa/CMEDIA:  Statistics Canada’s new report that Canada is facing a widespread labour shortage has led labour economists to argue that high job vacancies aren’t due to a shortage of workers. According to the …

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Canada / Finance/Business

Manitoba maintains A+ credit rating in most recent S&P Global Ratings

May 26, 2023May 26, 2023 - by cmedia

Winnipeg/CMDIA: Manitoba has maintained its A+ credit rating in recent International credit rating agency S&P Global Ratings reflecting Manitoba’s commitment to fiscal stability, providing historic support to Manitobans affected by …

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Finance/Business

Global 4th largest economy Germany slips into recession: Report

May 25, 2023May 25, 2023 - by cmedia

IBNS: The euro experienced a decline on Thursday as Germany, the largest economy in Europe, slipped into recession, Reuters reported. Meanwhile, the US dollar reached a two-month high, driven by …

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Finance/Business / India

Reserve Bank of India to withdraw Rs. 2000 notes by Sept 30, will remain legal tender

May 19, 2023May 19, 2023 - by cmedia

New Delhi/IBNS: The Reserve Bank of India Friday announced that it will withdraw Rs.2,000 notes from circulation and people can exchange or deposit them in their bank accounts by Sept 30. The …

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Finance/Business / South Asia/Southeast Asia/China

China’s economy stumbles across all sectors

May 18, 2023May 18, 2023 - by cmedia

Beijing/IBNS: The Chinese leadership faces an uphill task to revive a slowing economy and increase employment opportunities for youth as the latest economic data for April 2023 missed all expectations. …

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Finance/Business

Vodafone plans to slash 11,000 jobs over next three years

May 16, 2023 - by cmedia

IBNS: Telecom major Vodafone on Tuesday said it might cut 11,000 jobs over three years. Margherita Della Valle, Group Chief Executive, commented: “Today I am announcing my plans for Vodafone. …

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Finance/Business

The Entrepreneurs Associates gives Nagaland Women vendors interest-free loans

May 13, 2023May 13, 2023 - by cmedia

Kohima-based organisation – The Entrepreneurs Associates (tEA) -disbursed interest-free loans to 20 women street vendors in the Nagaland city to give them a chance to receive stress-free finances during a …

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Finance/Business

Amid economic uncertainty, Microsoft employees not to get salary hike for 2023, says Microsoft CEO

May 12, 2023May 12, 2023 - by cmedia

IBNS: Amid massive job cuts, Microsoft CEO Satya Nadella informed the employees that the company will not be offering a salary hike this year media reports said. Many company employees …

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Asha Bajaj, Editor

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Canadian Media is a digital news publication covering both national and international developments on varied segments of society and public life such as Health, Politics, Business, Education, Environment, Entertainment, Biodiversity, Science & Research, First Nations, humanitarian crisis, gender issues, etc. It aims to present news in an objective and unbiased way. Our primary focus is Canada and India besides the world at large.  

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