The USD/CAD price has staged a strong recovery ahead of the upcoming US consumer inflation and Canada’s May jobs numbers. The pair rose to a high of 1.2743, which was the highest level since May 27th ...
Tag: Canada
For First Time, U.S. Imports Topped $1 Trillion In 4 Months, New Data Shows
As oil prices have risen so too have gasoline prices, leading to higher inflation for U.S. … [+] consumers. Getty Images U.S. trade topped $1 trillion in the first four months of the year, accor...
Crypto miner Hut 8 begins operations at new Canada location
Hut 8 began mining last Thursday at its new location in Ontario, Canada. So far, the company is operating on 15 megawatts of power, which has added roughly 400 petahashes per second to Hut 8’s operati...
Paperboat Studios Canada Launches NFT Project Tattva118 at Cannes
– Advertisement – Toronto, Canada, 1st June, 2022, Chainwire Toronto-based Paperboat Animation Studios Inc is poised to rattle the NFT space with a real-world utility project, Tattva118....
Top 3 reasons why the Bank of Canada will “out hike” the Fed
The first trading day of the new month begins with the Bank of Canada announcing the monetary policy. It was one of the first central banks to remove the stimulus from the economy in the aftermath of ...
Support For Tighter Gun Laws In The U.S. Or Canada? [Infographic]
After the gun massacres in Buffalo, New York and Uvalde, Texas, U.S. President Joe Biden has pledged action on gun control. Due to the Democrats’ shaky majority in Congress, however, the future of any...
Canadian Handgun Ban Wouldn’t Cause Much Pain For U.S. Gun Makers
Topline Canadian Prime Minister Justin Trudeau introduced sweeping gun control legislation including a “national freeze” on the sale of handguns Monday, and, though Canada is one of the largest import...
Strawberries Recalled As Hepatitis A Virus Outbreak Has Left 16 Hospitalized
The U.S. Food and Drug Administration (FDA) is urging you to check your strawberries as a hepatitis … [+] A outbreak has already left at least 17 people infected and 12 hospitalized in the U.S. ...
Aurora Cannabis Slashing Weed Capacity in Profitability Push
Aurora Cannabis (ACB) – Get Aurora Cannabis Inc. Report needs to cut costs after going on a spending spree, and the company is willing to seriously reduce capacity to do so. Two weeks after an...
Canada Goose Reaches Revenue Milestone In 2022 And Sees Momentum Growing For 2023
“Our brand relevance and pricing power enable us to move with confidence in pursuit of the … [+] tremendous growth opportunities in front of us.” said Canada Goose CEO Dani Reiss. getty For the ...
Inflation in Canada and US, Russia’s Crumbling Economy, and Tech Stocks Underperforming in China – crypto.news
Inflation fears continue to rise in the US as stocks fall sharply, losing earnings, and growth stagnates. This is the most significant daily drop in US stocks in over two years. Bloomberg noted that i...
US, UK, Canada, Australia, and Netherlands have uncovered over 50 Crypto Criminal Leads
Officials from the United States, the United Kingdom, Canada, Australia, and the Netherlands have shared information and uncovered over 50 crypto-related criminal leads, including one that could be a ...
Biggest Bitcoin ETF in Canada Absorbs 6,900 BTC – Largest Inflow So Far
Yuri Molchan Someone bought nearly 7,000 BTC on the dip and put into the largest Canadian Bitcoin ETF Bitcoin analyst from Quantum Economics Jan Wüstenfeld has shared a Glassnode chart, showing a mass...
US, UK, Canada, Australia, Netherlands Share Crypto Criminal Leads, Including a Potential $1B Ponzi Scheme – Regulation Bitcoin News
Officials from the U.S., U.K., Canada, Australia, and the Netherlands have shared data and identified more than 50 crypto-related criminal leads, including one case that could be a $1 billion Ponzi sc...
The Popularity of Crypto Online Gambling in Canada
Since its inception, cryptocurrency has grown in popularity day by day. Nowadays, we see cryptocurrencies used in various industries with great success. It didn’t take long for the casino industry to ...
USD/CAD forecast ahead of Canada and US NFP data
The USD/CAD pair is hovering near its highest level this year as investors wait for the upcoming US and Canadian jobs data. It is trading at 1.2828, which is slightly below the year-to-date high of 1....
U.S. Trade Soaring Because Of, Not Despite, Covid Lockdowns, Supply Chain Woes
U.S. Census Bureau data released Wednesday showed U.S. trade up more than 20% over the first quarter … [+] of 2021. (All totals in $U.S. trillions.) ustradenumbers.com U.S. trade increased a run...
Tim Hortons forecasts another year of Canadian same-store sales growth
Restaurant Brand International restaurants’ Tim Hortons and Popeyes. Randy Risling | Toronto Star | Getty Images Tim Hortons is anticipating Canadian same-store sales growth in the mid-to-high s...
This Week in Coins: Prices Continue Downward, Central African Republic Adopts Bitcoin, Canada Says ‘Nah’
This week in coins. Illustration by Mitchell Preffer for Decrypt. Markets broadly dipped for the fourth consecutive week despite cryptocurrencies popping up everywhere—in things like Fidelity retireme...
Crypto Is No Way to ‘Opt Out of Inflation’: Bank of Canada
Top officials from the Bank of Canada rebuked claims that Bitcoin, or any other cryptocurrency for that matter, could substitute the Canadian dollar in the face of the country’s rising inflation, acco...
Bitcoin is Not an Inflation Hedge, says Bank of Canada Official
Carolyn Rogers – senior Deputy Official for the Bank of Canada (BOC) – recently denied the notion that cryptocurrencies could be a viable hedge against inflation. Citing their volatility, she stated t...
Bank Of Canada Governor Maintains That Its Financial System Would Always Be Built Around The Canadian Dollar, Not Crypto ⋆ ZyCrypto
Advertisement     The Governor of the Bank of Canada (BoC) has reiterated the place of the Canadian dollar, aka loonie, in the country’s financial system. Tiff Macklem...
Shiba Inu Trending In USA, Canada And Asia Amid Burn Portal Launch
– Advertisement – Shiba Inu (SHIB) becomes word of mouth once again following the official launch of the much-awaited “SHIB Burn Portal.” The Shiba Inu Community is much excited about th...
Bank of Canada conducted The financial literacy test to know bitcoin Holders- here is the result
“Young, employed Canadians with a university degree, a high household income, and limited financial understanding were more likely to purchase Bitcoin.” The research was based on four years of yearly ...
How Netflix’s password-sharing crackdown is likely to work
Netflix signage next to the Nasdaq MarketSite in New York, U.S., on Friday, Jan. 21, 2022. Michael Nagle | Bloomberg | Getty Images Netflix surprised the world this week, saying it plans to finally ad...
Crypto research by Bank of Canada confirmed what we knew all along
Officials at the Bank of Canada (BoC) are turning their attention to crypto research in a big way. In line with the general stance held by central banks, the BoC has, in the past, voiced concerns abou...
Irwin Simon, CEO, ‘Tilray Will Own Canada, And It Will Get Bigger’
“Almost 4:20 on 4/20, pretty exciting,” said CNBC reporter Frank Holland as he welcomed the crowd at Benzinga’s Cannabis Capital Conference before interviewing Irwin Simon, CEO of Tilray inc. (NASDAQ:...
Royal Bank of Canada projects 40% surge for Boeing stock
Analysts at the Royal Bank of Canada just came out with a new price target for Boeing (NYSE: BA) of $265. The research note issued to investors on Monday, April 18, predicts that the stock could surge...
WonderFi Acquires a Second Cryptocurrency Exchange in Canada
WonderFi Technologies acquires Coinberry, a regulated cryptocurrency exchange in Canada (pending regulatory approval). The definitive agreement is to acquire Coinbery for $25.54 million. Take Advantag...