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Canadian government

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Global Economy & Central Banks Just now (10:05 PM IST)

U.S. Canadian Import Restrictions Take Effect as Trump Presses Ottawa for Trade Concessions

New U.S. import restrictions on Canadian goods have come into force, tightening access for a range of products and escalating a trade dispute that has become a test of political will on both sides of the border. President Donald Trump says he expects Ottawa to yield to Washington’s demands in the coming weeks, while Canadian officials insist they will not accept a deal they view as unfair.

By RDU Global Wire5 min read
Global Markets & Equities25 Oct 2026, 08:00 PM IST

Bombardier Commits $270 Million to U.S. Expansion as Trade Winds Shift

Bombardier is moving to invest $270 million in its U.S. operations, a major commitment that underscores how aerospace manufacturers are positioning for a more favorable policy environment in Washington. The announcement comes as President Donald Trump has softened his stance toward Canada, giving the Canadian jetmaker a timely opening to deepen its American footprint and court federal and state support.

5 min readRead →
World Politics & Diplomacy21 Oct 2026, 08:00 AM IST

Alberta Rejects Independence Push, Handing Carney a Political Lift in Canada

Alberta has decisively rejected a move toward independence from Canada, easing one of the sharpest internal pressures facing Prime Minister Mark Carney and reinforcing the federal government's authority at a sensitive political moment. The result preserves national unity for now and gives Carney added room to confront external economic and diplomatic challenges, including tensions with the Trump administration.

5 min readRead →
Banking, Fintech & Insurance20 Oct 2026, 02:00 PM IST

Fairfax to Fold IIFL Capital, Digit Into IDBI Bank After $5.56 Billion India Deal

Fairfax Financial Holdings plans to consolidate its Indian financial assets under IDBI Bank after India approved its Rs 52,878 crore acquisition of a 60.7% stake in the lender. The proposed restructuring would bring together banking, insurance, investment banking and wealth management, subject to regulatory clearances and integration approvals.

5 min readRead →
Banking, Fintech & Insurance19 Oct 2026, 08:00 AM IST

India Becomes Fairfax’s Largest Exposure as Prem Watsa Backs IDBI Bank and Shrugs Off AI Bets

Canadian billionaire Prem Watsa said India has become Fairfax Financial Holdings’ largest country exposure, underscoring the firm’s deepening conviction in the Indian economy as the government clears the divestment of a majority stake in IDBI Bank. In a phone interview, the Fairfax chairman said the group has no direct bets on artificial intelligence, even as it continues to deploy capital selectively across financial services and other long-duration opportunities.

6 min readRead →
National Governance & Policy16 Oct 2026, 12:33 PM IST

Canada Sends Largest Trade Mission to India in Three Decades as FTA Talks Accelerate

Canada’s trade minister is leading the country’s largest business delegation to India in 30 years, underscoring a renewed push to deepen commercial ties as free trade agreement talks gather pace. The mission, spanning aerospace, agri-food and other sectors, is aimed at connecting Canadian firms with partners and clients in Mumbai and Bengaluru, two of India’s most important commercial hubs.

6 min readRead →
Banking, Fintech & Insurance16 Oct 2026, 03:19 AM IST

Prem Watsa Says India Is Set to Join Global Capital’s AI and Data Centre Boom

Canadian billionaire Prem Watsa said India is poised to move higher on global investors’ priority lists as capital floods into data centres and artificial intelligence in the United States. His remarks come as the Indian government approved the divestment of a majority stake in IDBI Bank to Fairfax Financial Holdings, underscoring his long-term conviction in India’s economic trajectory. Watsa framed the investment as part of a broader bet on the country’s financial and growth story, not merely a standalone banking transaction.

5 min readRead →
National Governance & Policy15 Oct 2026, 02:19 AM IST

Canadian Foreign Minister Meets Prime Minister in New Delhi as India and Ottawa Reopen High-Level Diplomatic Channels

Canada’s foreign minister met India’s prime minister in New Delhi in a fresh sign of cautious diplomatic engagement between the two countries. The meeting comes at a sensitive moment for bilateral ties, with both sides seeking to stabilize relations while managing deep political and security mistrust that has weighed on the relationship for months.

5 min readRead →
National Governance & Policy14 Oct 2026, 09:34 PM IST

Canada’s Foreign Minister Meets Prime Minister in New Delhi Amid Diplomatic Reset Efforts

Canada’s foreign minister met the Indian prime minister in New Delhi on Friday evening, in a high-level engagement that underscores ongoing efforts to stabilize a strained bilateral relationship. The meeting comes at a sensitive moment for India-Canada ties, with both governments under pressure to restore functional diplomatic channels while managing deep political mistrust.

4 min readRead →

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