Canada | News

The crypto industry has seen a number of regulatory changes over the past year, with the Canadian government taking a risk-management, rules-first approach. Cryptocurrencies and blockchain technology have increasingly become part of Canada’s core financial system over the past year. In November, the country introduced stablecoin regulations as part of the Canada Stablecoin Act. Introduced as part of the budget, it gives the Bank of Canada the power to regulate stablecoins in the country. Elsewhere, policymakers are finalizing amendments to laws for crypto asset funds, including those for cold wallets and custodians. Read more

Dubbed “Operation Atlantic,“ the effort involves law enforcement agencies from the three countries and is aimed at preventing phishing attacks involving cryptocurrencies. The US Secret Service, UK National Crime Agency, and Canadian authorities have partnered to disrupt fraudulent schemes related to crypto, raise awareness of scams, and recover stolen funds. In a Monday notice, law enforcement agencies from the three countries — including Canada’s Ontario Provincial Police and the Ontario Securities Commission — said that they had launched “Operation Atlantic,” focusing on identifying people at risk of losing or those who had already lost crypto through “approval phishing” schemes. “Approval phishing and investment scams cost victims millions in financial loss each year,” said Brent Daniels, deputy assistant director for the US Secret Service’s Office of Field Operations. The agencies said they hope to identify and disrupt these scams in near real-time. Read more

On Sunday, Canada and five Nordic countries announced an agreement to strengthen cooperation in defense manufacturing and other areas.

Minister of Public Safety Gary announced that a dedicated investment of up to $10 million will be provided to eligible organizations, which will assist Jewish communities in enhancing security.

A pilot involving the central bank and major financial institutions tested whether distributed ledger infrastructure could streamline bond issuance, trading and settlement. Canada has completed a pilot program testing the use of distributed ledger technology in bond markets, culminating in the issuance of the country’s first tokenized bond, according to a Friday announcement from the Bank of Canada. The experiment, known as Project Samara, involved the Bank of Canada, Export Development Canada, Royal Bank of Canada and TD Bank Group, and explored if blockchain-style infrastructure could streamline bond issuance, trading and settlement. As part of the pilot, Export Development Canada issued a $100 million Canadian dollar ($73.6 million) bond with a maturity of less than three months to a closed group of investors. The security was issued, traded and settled on a distributed ledger platform, with payments processed using wholesale central bank deposits rather than commercial bank money. Read more

The Foreign Office (FO) said on Thursday that the agreement between India and Canada for uranium supply represented “yet another country-specific exception in the field of civil nuclear cooperation”. On Monday, India and Canada reached a string of agreements, including on critical mineral cooperation and a “landmark” uranium supply deal for nuclear power. “In civil nuclear energy, we have struck a landmark deal for long-term uranium supply,” Modi said, adding the countries would also work together on small modular reactors and advanced reactors. Responding to media queries on the matter, Ministry of Foreign Affairs Spokesperson Tahir Andrabi said, “Pakistan has noted with concern the long-term uranium supply agreement concluded between Canada and India and potential cooperation on small modular reactors and advanced reactor technologies between the two sides. “This arrangement represents yet another country-specific exception in the field of civil nuclear cooperation,” he said. He maintained that “it is parti...

India and Canada on Monday reached a string of agreements, including on critical mineral cooperation and a “landmark” uranium supply deal for nuclear power, the countries’ leaders said in New Delhi. The pacts, which also covered technology and promoting the use of renewable energy, were announced after Prime Minister Narendra Modi and his Canadian counterpart Mark Carney hailed a fresh start in the relationship between their nations. “Our ties have seen a new energy, mutual trust, and positivity,” Modi said. Ties effectively collapsed in 2023 after Ottawa accused New Delhi of orchestrating a deadly campaign against Sikh activists in Canada, accusations India rejected. Carney’s visit — his first to India since taking office last year — is not only aimed to reset strained ties, but also to push efforts to diversify trade beyond the United States. “There has been more engagement between the Canadian and Indian governments in the last year than there has been in more than two decades combined,” Carney said in New...

Canada supports U.S. efforts to prevent Iran from acquiring nuclear weapons.

Canada has announced an expansion of sanctions against Russia and a reduction in the price cap on Russian oil. 

Canada is allocating a new military aid package to Ukraine that will include 449 armored vehicles.

Het olympisch ijshockeytoernooi in Milaan krijgt zondag zijn droomfinale. De ijshockeyers van Canada en de Verenigde Staten haalden vrijdag de eindstrijd.

First Deputy Prime Minister of Ukraine and Minister of Energy Denys Shmyhal and Canada’s Minister of Energy and Natural Resources Tim Hodgson signed a memorandum of cooperation on the sidelines of the International Energy Agency (IEA) Ministerial Meeting.

De Amerikaanse ijshockeysters hebben donderdag ten koste van recordkampioen Canada de olympische titel gewonnen. De Verenigde Staten wonnen de spannende finale in Milaan met 2-1 via verlenging.

De Verenigde Staten hebben goud gewonnen bij het ijshockey voor vrouwen. In een zinderende finale waren de Amerikanen na verlenging te sterk voor rivaal en titelverdediger Canada: 2-1.

Anti-Israel groups in Canada are urging protests and accreditation pressure against Jewish summer camps, accusing them of supporting Israel and the IDF.

De roep om een VAR bij het curling neemt toe, nadat het zaterdag op de Olympische Spelen in Milaan uit de hand liep bij de wedstrijd tussen de mannenteams van Zweden en Canada. Meerdere curlers zeggen tegen persbureau Reuters dat er videoarbitrage moet komen.

Canada has imposed new sanctions on Iranian government officials in response to the repression of protesters.

Ten people including the shooter are dead after an assailant opened fire at a high school in western Canada on Tuesday in one of the country’s deadliest mass casualty events in recent history. The outburst brought to Canada the type of mass shooting more common in the neighbouring United States, and was carried out by a shooter described as female, police said. Six people were found dead inside a high school in the town of Tumbler Ridge in British Columbia, two more people were found dead at a residence believed to be connected to the incident, and another person died on the way to hospital, the Royal Canadian Mounted Police said. At least two other people were hospitalised with serious or life-threatening injuries, and as many as 25 people were being treated for non-life-threatening injuries, police said. A suspected shooter was also found dead from what appears to be a self-inflicted injury, police said, adding they did not believe there were any more suspects or an ongoing threat to the public. “It’s hard ...

Donald Trump dreigt de opening van een nieuwe brug tussen Canada en de Verenigde Staten te dwarsbomen. In een bericht op Truth Social schrijft de Amerikaanse president dat hij de brug niet open zal laten gaan ‘totdat de Verenigde Staten gecompenseerd zijn voor alles wat we Canada gegeven hebben’. Volg alle ontwikkelingen in ons liveblog.

Canada a deschis un consulat la Nuuk, capitala Groenlandei, un gest care reflectă angajamentul său față de insula arctică și de populația locală, în contextul amenințărilor recente ale președintelui american Donald Trump.