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The Canadian Media

The Canadian Media

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Finance/Business

Canada / Finance/Business

Bank of Canada releases details on interest rate decision in response to IMF’s recommendations

February 9, 2023February 9, 2023 - by cmedia

Toronto/CMEDIA: The Bank of Canada released on Wedneaday a summary of meetings of its Governing Council  made up of six members including Bank of Canada Governor Tiff Macklem and his deputies …

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Canada / Finance/Business

Netflix unveils new fees for password sharing in Canada

February 8, 2023February 8, 2023 - by cmedia

Ottawa/CMEDIA: Canada is unveiling its new system to crack down on Netflix password sharing in Canada requiring customers who share their accounts across multiple locations to pay an extra $8 …

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Finance/Business / Foreign

Bank of England hikes interest rate by 50 bps to 4 pc; warns of more hikes in future

February 2, 2023February 2, 2023 - by cmedia

London/IBNS: Bank of England raised interest rate by 50 basis points to 4 percent, the 10th increase since UK’s central bank started hiking in December 2021, bringing the key rate …

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Finance/Business / South Asia

Pakistan’s inflation spikes to a record high figure of 27.6 pct

February 1, 2023February 1, 2023 - by cmedia

Islamabad/IBNS: Pakistan’s annual inflation, measured by the Consumer Price Index (CPI), spiked to a decades-high level of 27.55 per cent in January, compared to 24.5pc in the previous month, media …

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Finance/Business / India / News

India’s Fin Min. Sitharaman announces big relief to taxpayers, ramps up capital spending

February 1, 2023February 1, 2023 - by cmedia

New Delhi/IBNS: Ahead of the 2024 general elections in India and polls in key states this year itself, Union Finance Minister Nirmala Sitharaman on Wednesday presented the annual budget offering a big …

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Finance/Business / Health

Increased use of higher-cost drugs continues to pressurize Canadian public drug plans

January 31, 2023January 31, 2023 - by cmedia

Representative image of Canada’s expnsive drugs on Unsplash by Myriam zilles A new report by Patented Medicine Prices Review Board (PMPRB) report finds an increase in Canadian public drug plans …

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Environment / Finance/Business

Canada investing in BHP project to develop world-leading low-emissions potash mine

January 30, 2023January 30, 2023 - by cmedia

With a realization that transition toward a low-carbon economy is crucial to Greening Canada’s mining sector, Government of Canada is making investments in sustainable mining practices, while creating well-paying jobs …

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Canada / Finance/Business

Bank of Canada increases policy interest rate by 25 basis points

January 26, 2023January 26, 2023 - by cmedia

Ottawa/CMEDIA: Benchmark interest rate has been raised by the Bank of Canada by 25 basis points to 4.5 percent. It is expected that the bank’s governing council would reportedly hold …

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Finance/Business / Foreign

SAP, a German software giant to lay off 3,000 workers

January 26, 2023January 26, 2023 - by cmedia

Berlin/IBNS: German software major SAP on Thursday said it is looking to terminate 3,000 jobs this year, at a time when global big tech companies are resorting to mass layoffs …

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Finance/Business / US

US top investment managers turning away from China, looking to Europe for growth

January 26, 2023January 26, 2023 - by cmedia

New York/IBNS: Top US investment management firms are currently engaged in hiring in Europe as China’s earlier followed strict Zero COVID policy and rising geopolitical tensions have pushed them to …

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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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