April 30, 2025
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Canada News

Canada News Resilience

Securities Regulator Halts Work on Corporate Climate, Diversity Disclosures

The Canadian Securities Administrators says it has indefinitely paused work on developing new mandatory climate disclosures and updating diversity reporting rules in response to recent developments in the United States. Stan Magidson, chair of the CSA, says it made the decision to support companies because of the rapid shift in the global economic and geopolitical

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Canada News Resilience

Hudson’s Bay to Liquidate All Remaining Stores, Court Filing Says

A new court filing says Hudson’s Bay will start selling off all merchandise on Friday at the six stores previously spared from liquidation. Adam Zalev, managing director of Hudson’s Bay’s financial adviser Reflect Advisors, says in an affidavit that Canada’s oldest company is making the move because there is a “low probability” that it will

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Canada News Resilience

Quebec Won’t Drop Legal Alcohol Limit Despite Fourth Coroner’s Recommendation

Quebec Transport Minister Geneviève Guilbault says the province will not be lowering the legal blood alcohol limit despite another coroner’s report released this week urging the province to act. Quebec is the only province that has not established a legal limit lower than the .08—80 mg of alcohol per 100 ml of blood—set in the

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Canada News Resilience

TD Bank Account Closures Expose Chinese Hybrid Warfare Threat

Chinese hybrid warfare isn’t coming. It’s here, and Canada’s response has been dangerously complacent. Commentary The recent revelation by The Globe and Mail that TD Bank has closed accounts linked to pro-China groups—including those associated with former Liberal MP Han Dong—should not be dismissed as routine risk management. Rather, it is a visible sign of

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Canada News Resilience

30 Percent of Canadians Say Condos No Longer a Good Investment: Survey

Condominiums are becoming less desirable as an investment, a recent survey suggests, with 30 percent of Canadians saying they no longer consider condos a worthwhile purchase. Leger conducted a survey for financial and insurance platform Rates.ca to gather Canadians’ opinions regarding condominium ownership. Only 22 percent of those polled described condos as a good investment.

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Canada News Resilience

Sask. Premier Moe Throws Support Behind Poilievre Conservatives

Saskatchewan Premier Scott Moe is endorsing Pierre Poilievre and the Conservative Party in the upcoming federal election. Moe announced his support for Poilievre in an April 23 video post to social media, saying the Conservatives are the only party offering policies that will benefit Saskatchewan. “Policies matter, policies that make our communities safer, that allow

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Canada News Resilience

Carney Vies for Quebecers’ Support, Vowing to Protect Culture, Economy Amid US Tariff Threats

Liberal Leader Mark Carney appealed for support in Quebec during a campaign stop in the province on April 22, arguing a Liberal government would be best positioned to protect Quebec’s economy and identity amid U.S. tariff threats by supporting key industries and promoting Quebec culture through various measures. Quebec has the second-largest number of seats

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Canada News Resilience

Judge Orders Air Canada to Pay Passengers $10M in Damages in Class Action

The Quebec Court of Appeal has ordered Air Canada to pay passengers more than $10 million in damages in a class-action lawsuit that alleged they charged more than the ticket price advertised. In a ruling Tuesday, Justice Judith Harvie wrote that Air Canada showed “ignorance and laxity” when the airline concluded it was exempt from

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Canada News Resilience

Quebec Not Ruling out Expanding Religious Symbol Ban to Daycare Workers: Minister

Quebec’s minister responsible for secularism says the government isn’t ruling out expanding its religious symbols ban to include daycare employees. Jean-François Roberge says “everything is on the table” when it comes to strengthening secularism in the province, including extending the law known as Bill 21 to include more categories of public employees. However, he said

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Canada News Resilience

Poilievre Vows to Give Police More Power to Dismantle Tent Cities

Conservative Leader Pierre Poilievre says his government would provide police with additional legal tools to shut down illegal encampments and connect people living in them to housing, addictions treatment, and mental health services. “No more excuses by politicians claiming they don’t have the powers. The powers will be right there in the Criminal Code,” Poilievre

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