Canada

Canada's Mining Sector Poised for Growth Amid China’s Niche Metals Export Ban

3 days ago

As the international market adjusts to China's recent ban on exports of certain niche metals, Canadian companies, particularly in the mining sector, are eyeing the opportunity for significant economic growth. This strategic move from China, aimed at asserting control over critical metal supplies, has sent ripples through global supply chains and may position Canada as a key player in the niche metals market.

TikTok Launches Legal Battle Against Canada's Order to Close Local Unit

12 days ago

In a significant escalation of its ongoing regulatory challenges, TikTok has filed a legal challenge in Canada against a directive aimed at shutting down its local operations. The move comes amidst rising scrutiny over data privacy and national security concerns related to foreign technology companies.

Canada Takes Bold Step: Antitrust Lawsuit Against Google Aims for Ad Tech Breakup

22 days ago

In a landmark move, Canadian antitrust authorities have initiated a lawsuit against tech giant Google, aiming to dismantle its advertising technology segment. This action marks a significant escalation in the ongoing scrutiny of big tech firms and their market dominance, reflecting increasing concerns over competition, innovation, and consumer choice within the online advertising ecosystem.

Major National Security Concerns Lead to TikTok's Closure in Canada

2 months ago

The Canadian government has taken the unprecedented step of ordering TikTok to shut down its operations in the country due to national security risks. This decision underscores growing concerns about the data privacy practices of the popular social media platform, particularly regarding its ties to the Chinese government.

Bank of Canada's Tiff Macklem Warns AI Could Fuel Inflation by Boosting Demand

3 months ago

In a surprising revelation by Tiff Macklem, the Governor of the Bank of Canada, an unlikely player is making its presence felt in the economic domain: artificial intelligence. In one speech, as he made this very aspect emphatic, Macklem underlined the belief that AI might have a surprisingly strong impact on driving up prices due to increasing consumer demand for goods. This interesting study comes as policymakers and economists worldwide dissect the diverse impacts of technological advancement on economic frameworks.