Canada’s International Student Cap Expected to Lead to Significant Revenue Losses

Canada has long been a magnet for international students seeking quality education and a pathway to residency. However, recent government policies have significantly tightened the reins on international student intake, sparking turmoil within the country’s postsecondary institutions. Immigration Minister Marc Miller has announced a 10% reduction in study permits for the next two years, including Continue reading

Loonie Hits Two-Year Low as Trump’s Victory Sends US Dollar Soaring: What it Means for Canada’s Economy

In a dramatic shift in the global currency landscape, the Canadian dollar, also known as the “loonie,” has fallen to its lowest point in two years against the US dollar following Donald Trump’s victory in the US presidential election. The loonie slumped to a low of C$1.3959 per US dollar on November 6, 2024, marking Continue reading

Bank of Canada Official Cautions Against Adjusting Mortgage Rules to Address Housing Affordability

In a recent address to the Economic Club of Canada in Toronto, Carolyn Rogers, the senior deputy governor of the Bank of Canada (BoC), issued a strong warning against the temptation to manipulate mortgage rules as a way to ease the challenges of housing affordability. Rogers’ remarks, delivered on November 6, 2024, highlighted the potential Continue reading

How Trump’s Victory Could Boost Canadian Banks: Key Lenders Set to Benefit

With Donald Trump’s victory in the U.S. presidential election, analysts predict that his promised tax cuts, deregulation, and reshoring initiatives could have a ripple effect, benefiting Canada’s major banks. U.S. financial markets have already seen a surge in bank share prices, with the hope that Trump’s policies will provide a favorable environment for businesses and Continue reading

Ontario Cities Bylaws to Restrict Protests Near Schools, Places of Worship Amid Growing Tensions

Ontario cities are increasingly considering the enactment of local bylaws to prohibit protests near sensitive institutions such as schools, hospitals, and places of worship. This comes in the wake of violent protests outside a Hindu temple in Brampton, which led to arrests and heightened tensions between opposing groups. The issue is gaining momentum, with some Continue reading

Koodo New Affordable Travel Passes for International Roaming: How They Stack Up Against Competitors

Telus-owned Koodo has launched a new range of international Travel Passes designed to make roaming abroad more affordable for Canadians. These passes go beyond the company’s traditional Easy Roam options and offer more flexibility and variety for travelers. With new packages available for the US, Caribbean & Mexico, and Europe, Koodo aims to provide its Continue reading

CRTC Warns Rogers, Telus, and Bell: Follow the Rules or Face Crackdown Over Customer Protections

The Canadian Radio-television and Telecommunications Commission (CRTC) has issued a stern reminder to Canada’s largest telecom providers—Rogers, Telus, and Bell—calling for greater transparency and adherence to customer protection regulations. The CRTC’s warning comes after mounting concerns about confusing billing practices, hidden fees, and recent price hikes affecting millions of Canadians. CRTC Pushes for Greater Accountability Continue reading

Did You Win $50 Million Lotto Max Jackpot? Check Out the Results and Prize Breakdown

he November 5, 2024, Lotto Max draw in Canada brought plenty of excitement with a $50 million jackpot up for grabs. While no one was able to match all seven numbers to claim the big prize, the draw still produced thousands of winners across multiple prize levels. The jackpot will roll over to the next Continue reading

Toronto Home Fails to Sell, Now Up for Auction with Bids Starting Under $1

In Canada, housing auctions are still a rarity compared to places like Australia, where they’re a regular feature of the real estate landscape. However, as the Toronto housing market becomes increasingly competitive, the concept of a property auction is gaining traction, offering homebuyers a new way to navigate the often opaque world of real estate Continue reading

Ontario Launches New Nursing Program at Carleton University to Address Healthcare Needs

The Ontario government has unveiled plans to establish a new Bachelor of Science in Nursing (BScN) program at Carleton University in Ottawa, marking the first new nursing program in the province in two decades. Premier Doug Ford and Deputy Premier and Health Minister Sylvia Jones made the announcement on Tuesday in Ottawa, signaling a significant Continue reading