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Toronto's Fairfax Financial is buying a 60.72% stake in IDBI Bank for roughly CA$7.9 billion — the largest foreign banking investment in Indian history. Here's what Prem Watsa's landmark deal means.
Canadian trips to the U.S. rose 6.8% in September — a sixth straight month of growth — but road trips remain 31.1% below 2024. Statistics Canada's new figures show a recovery that is real, but far from complete.
Trade Minister Maninder Sidhu is leading nearly 300 Canadian businesses to Mumbai and Bengaluru from October 12 to 17 — Canada's largest trade mission to India in over 30 years — while Foreign Minister Anita Anand flies to New Delhi for talks with S. Jaishankar as Ottawa races to conclude a trade pact by December.
Ottawa's October 9 update added Halifax, Fredericton, Kingston, St. Catharines-Niagara, Regina and Lethbridge to the low-wage LMIA refusal list — 30 of 41 Canadian cities are now blocked from new low-wage foreign worker hiring until January 7, 2027. What the 6% rule means and who is exempt.
South Korea's KOSPI plunged 5.46% to 6,035.35 as Samsung fell ~7% and SK hynix ~10% — a global AI-chip panic triggered by China's CXMT breakthrough and Broadcom's CEO calling AI investors gamblers in "a casino".
The Bank of Canada announces its next interest rate decision October 28, 2026. With the policy rate at 2.25% and a September jobs shock of 68,300 lost, economists are split on hold vs. hike. What it means for your mortgage.
Canada's housing market has tilted toward buyers this fall 2026. REMAX reports sales down in 81% of markets, Toronto prices down 5.5% and Vancouver in correction mode. RBC breaks down the city-by-city split.
Canada shed 68,300 jobs in September 2026, the second straight monthly decline, pushing unemployment to 6.5%. Young workers were hit hardest. What the jobs shock means for interest rates and the economy.
Canadian rents are falling in 2026 — Toronto down 5%, Vancouver down 6%, Montreal down 8.8%. A new SingleKey study finds income growth, not rent prices, now decides affordability. Plus: why co-renting is the new normal.