Canadian lawmakers plan Taiwan trip amid rising China tensions

Canadian lawmakers plan Taiwan trip amid rising China tensions

A Canadian flag flies in front of the Peace Tower on Parliament Hill in Ottawa, Ontario, Canada, March 22, 2017. REUTERS/Chris Wattie Register now for FREE unlimited access to Reuters.com Register OTTAWA, Aug 17 (Reuters) – A delegation of Canadian lawmakers plans to visit Taiwan in October to seek economic opportunities in the Asia Pacific … Read more

Tesla discloses lobbying effort to set up factory in Canada

Tesla discloses lobbying effort to set up factory in Canada

Aug 9 (Reuters) – Tesla Inc (TSLA.O) is lobbying the Ontario government as part of an effort to set up an “advanced manufacturing facility” in Canada, filing by the electric-vehicle maker to the province’s Office of Integrity Commissioner showed. The company’s Canadian unit is working with the government to “identify opportunities for industrial facility permitting … Read more

Chilean authorities investigate mysterious large sinkhole near copper mine

Chilean authorities investigate mysterious large sinkhole near copper mine

SANTIAGO, Aug 1 (Reuters) – Chilean authorities started investigating on Monday a mysterious sinkhole about 25 meters (82 feet) in diameter that appeared over the weekend in a mining area in the north of the country. Chilean media showed aerial images of the sinkhole on land operated by a Canadian Lundin Mining (LUN.TO) copper mine, … Read more

In fighting gun crime, Canada has an American problem

In fighting gun crime, Canada has an American problem

OTTAWA/TORONTO, July 27 (Reuters) – A Texas man bought dozens of guns from licensed dealers in the state before illegally reselling at least 16, US officials say. Twelve were traced to crimes committed in America. The other four were traced to crimes in Canada. The case of the 31-year-old, indicted last month on charges that … Read more

Rogers to invest C$10 billion in AI, testing after massive outage

Rogers to invest C billion in AI, testing after massive outage

The Rogers Building, the green-topped corporate campus of Canadian media conglomerate Rogers Communications is seen in downtown Toronto, Ontario, Canada July 14, 2022. REUTERS/Chris Helgren Register now for FREE unlimited access to Reuters.com Register July 24 (Reuters) – Rogers Communications Inc (RCIb.TO)said on Sunday it will invest C$10 billion ($7.74 billion) over the next three … Read more

China’s home-grown C919 jet nears certification as test planes complete tasks

China’s home-grown C919 jet nears certification as test planes complete tasks

The fifth prototype of China’s home-built C919 passenger plane takes off for its first test flight from Shanghai Pudong International Airport in Shanghai, China October 24, 2019. Picture taken October 24, 2019. REUTERS/Stringer Register now for FREE unlimited access to Reuters.com Register SHANGHAI, July 23 (Reuters) – China’s homegrown C919 narrow-body jet, designed to challenge … Read more

Nowhere to live: Rents in Canada surge as home prices fall

Nowhere to live: Rents in Canada surge as home prices fall

OTTAWA, July 22 (Reuters) – Canadian home prices are dropping fast after surging during the coronavirus pandemic, but that is offering little relief for consumers who face sky-rocketing rents and fading buying power as interest rates rise. Desperate would-be buyers found themselves caught in a frenzy of bidding wars for real estate during the pandemic, … Read more

Aviation sector faces hiring headache as mechanics shortage looms

Aviation sector faces hiring headache as mechanics shortage looms

MONTREAL/BENGALURU, July 15 (Reuters) – Christophe Gagnon considered quitting his avionics studies as COVID-19 crippled aviation, but the 21-year-old stayed in class and now the industry is desperate for more like him to keep planes flying. Two years after lockdowns nearly grounded the airline industry, repair shops and suppliers are scrambling for students like Gagnon, … Read more

Bank of Canada surprises with 100bp rate hike to tame inflation

Bank of Canada surprises with 100bp rate hike to tame inflation

OTTAWA, July 13 (Reuters) – The Bank of Canada on Wednesday raised its main interest rate by 100 basis points in a bid to crush inflation, surprising markets and becoming the first G7 country to make such an aggressive hike in this economic cycle. The central bank raised its policy rate to 2.5% from 1.5%, … Read more

Canada will return repaired turbine for Nord Stream 1, expand sanctions on Russia

Canada will return repaired turbine for Nord Stream 1, expand sanctions on Russia

Pipes at the landfall facilities of the ‘Nord Stream 1’ gas pipeline are pictured in Lubmin, Germany, March 8, 2022. REUTERS/Hannibal Hanschke Register now for FREE unlimited access to Reuters.com Register OTTAWA, July 9 (Reuters) – Canada will return a repaired Russian turbine to Germany needed for maintenance on the Nord Stream 1 gas pipeline, … Read more