Canada’s Biggest Banks are Seeing Profits up by More Than 100%
In the last quarter, three of Canada’s largest banks witnessed their profits either more than double or quadruple. Some experts see this as a sign that the worst of the economic impact of the pandemic is behind us. The biggest bank in Canada, The Royal Bank of Canada, reported a profit of $4 billion for […]
New COVID-19 Vaccine to Begin Production in Upcoming Weeks
An announcement from Paris, France says production of another potential vaccine against coronavirus will begin in less than a month. The companies developing the vaccine are Sanofi and GlaxoSmithKline. They started a large trial involving 35,000 adult volunteers from the United States, Asia, Africa, and Latin America. The pharmaceutical firm said the study will first […]
EU Leaders Show Support for Carrying Out Tokyo Olympics
From Brussels, Belgium The European Union’s two top officials demonstrated their support for continuing the Tokyo Olympics. Their announcement was made despite the growing opposition to the event due to the impact of the pandemic. During a virtual EU-Japan summit, Prime Minister Yoshihide Suga discussed with European Commission President Ursula von der Leyen and European […]
Federal Government Offers up to $5,000 for Energy-Efficient Home Upgrades
Today in Canada, the government is starting a new program that will pay up to $5,000 in grants to compensate for energy-saving home upgrades. The program is called The Canada Greener Homes Grants and it will help homeowners upgrade heaters, install solar panels, and replace windows and doors. The project will be worth about $2.6 […]
Are your Allergy Symptoms Worse This Year? Doctors Weigh-in
Experts say that this year seasonal airborne allergies may be worse in certain parts of Canada. This is due to an earlier start to the pollen season, resulting in more pollen particles in the air. Dr. Anne Ellis, an allergist and professor at Queens University in Kingston, Ontario who receives pollen counts said “I can […]
Data Breach With a Canada Post Supplier affects 950k Customers
Canada Post just informed 44 large business customers that information on more than 950,000 customers had been compromised. This happens after one of its suppliers was hit with a cyberattack on May 19. The electronic data interchange solution supplier, Commport Communications, is used by Canada Post to manage shipping manifest data of larger parcel business […]
Major Japan Newspaper Calls for Olympic Games Cancellation: Asahi Shimbun
With the Tokyo Olympic Games set to open in less than two months, there is still a lot of criticism of if it should happen. On Wednesday, Japan’s Asahi Shimbun newspaper called for the entire event to be canceled. It is the first major newspaper in Japan to speak out and join some regional papers […]
Meat Prices are Heating up in Canada, Here’s Why?
As the weather starts to warm and people get outside, it is natural for the grilling season to be in full swing. However, Canadians may have started to notice that their bill for meat is more expensive than usual. To be specific, in the past four months, the price of ground beef has increased by […]
Amazon Acquires MGM Movie Studio in an $8B Deal
Amazon is buying Metro Goldwyn Mayer (MGM) for $8.45 billion US in an attempt to fill its streaming service with more content. MGM is a famous movie and TV studio that is behind entertainment such as James Bond, Legally Blonde, and Shark Tank. On record, this is Amazon’s second-largest acquisition after buying Whole Foods for […]
After Second Round Win in Strasbourg, Andreescu Withdraws with Abdominal Discomfort
Bianca Andreescu from Canada has withdrawn out of the Strasbourg open on Tuesday after abdominal discomfort. This comes right after a win over Belgian qualifier Maryna Zanevska. They competed for 65 minutes and Adreescu won with a score of 6-1 and 6-4. The abdominal pain was felt in her side during the second set and […]