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Source: Live Mint Supply Lines is a daily newsletter that tracks global trade. . China said it will impose retaliatory tariffs on imports of rapeseed oil, pork and seafood from Canada as the trade war escalates. There will be a 100% tariff on rapeseed oil, rapeseed meal and pea products, and a 25% levy on pork…
Source: Live Mint A Friday rally can’t hide the fact that the stock market is stuck in an ominous pattern—and it’s not clear what will shake it out. Indexes notched their worst weekly performances in months as markets were whipsawed on tariff news. The S&P 500 rose 0.6% on Friday but fell 3.1% on the…
Source: Live Mint The Canadian dollar rebounded from its 22-year low against the US dollar on Monday on hopes of Canada achieving a reprieve from US tariffs. The Canadian currency was trading 0.5% lower at 1.4590 to the US dollar, or 68.54 US cents, after earlier tumbling to its weakest level since April 2003 at…
Source: Live Mint Euro zone, Canada, Sweden cut rates in Jan Fed holds steady, says no rush for more easing Australia, Norway move closer to first cut Japan hikes, with likely more to come LONDON, Jan 30 (Reuters) – The first central bank meetings of 2025 suggest it will be a year in which policymakers…
Source: Live Mint New Delhi, Dec 15 (PTI) Mexico, Canada, and 10-nation Southeast Asian bloc ASEAN benefited more from the US-China trade war than India, economic think tank GTRI said in a report. It said that India has to strengthen its local supply chains and produce critical intermediates to reduce reliance on China, while improving…
Source: Business Standard 5 min read Last Updated : Sep 11 2024 | 8:13 AM IST Canada has suspended the processing of Labour Market Impact Assessments (LMIAs) under the Low-Wage stream of the Temporary Foreign Worker Program (TFWP) for regions with unemployment rates of 6% or higher. This means that employers in these…
Source: Business Standard Come September 26, businesses in Canada will only be allowed to fill 10% of their workforce with low-wage foreign workers, down from the previous 20%. This decision comes as a response to the rising unemployment rates in Canada. But how will this impact Indians working under the Temporary Foreign Worker (TFW)…
Source: Business Standard The Immigration, Refugees and Citizenship Canada (IRCC) announced on Wednesday that international students will soon be able to work up to 24 hours per week off-campus. This new rule is set to take effect by this autumn, increasing the previous cap of 20 hours per week during academic sessions. Once in…
