Cryptocurrency-focused service providers in Canada will face stricter regulatory mandates after new laws were introduced in the nation’s 2024 federal budget. Announced on April 16, the budget plans to enforce the Crypto-Asset Reporting Framework (CARF), a system approved by the Organisation for Economic Co-operation and Development (OECD) in August 2022. The move came in response to the G20’s mandate in 2021, which required...
Cryptocurrency exchange Coinbase has received a license to operate in Canada. According to CNBC, the license allows the crypto platform to increase its presence outside the U.S. as it faces a regulatory crackdown in its home market. Coinbase has received registration in Ontario as a limited dealer under the Canadian Securities Administrators (CSA), the umbrella organization of Canada’s...
Honda Motor Co is considering building an electric vehicle plant in Canada in a near ¥2 trillion (US$13.83 billion) project that could possibly include in-house production of batteries, Japan's Nikkei news group reported on Sunday (Jan 7). The project could be one of Honda's largest investments, the report said. The Japanese automaker is looking at multiple potential...
WASHINGTON (Reuters) - Canadian Prime Minister Justin Trudeau said he senses a change in India's tone with Ottawa after the United States warned New Delhi about its involvement in a thwarted plot to kill a Sikh separatist leader on U.S. soil, the CBC reported on Wednesday. "I think there is a beginning of an understanding that...
KOTA KINABALU: Sabah welcomes foreign investors to explore collaboration opportunities in the state. Chief Minister Datuk Seri Hajiji Noor said Sabah is rich with natural resources and other industries that can be tapped into with government-linked companies or the private sector in the state. “We hope to get more foreign investments and attract interests from investors to...
OTTAWA (Reuters) - Canada shared evidence that Indian government agents were potentially involved in the murder of a Sikh separatist leader in British Columbia with New Delhi weeks ago, Prime Minister Justin Trudeau said on Friday. "Canada has shared the credible allegations that I talked about on Monday with India. We did that many weeks ago,"...
Canada and Britain have announced diplomatic boycotts of the 2022 Winter Olympics in Beijing, joining the US and Australia in taking such action amid allegations of human rights abuses in China. Canadian Prime Minister Justin Trudeau on Wednesday (Dec 8) said his government was "deeply troubled" by Chinese rights violations. Foreign Affairs Minister Melanie Joly cited concerns about the treatment of...
