Canada

Former Top-Rated Bank Governor Mark Carney Elected To Lead Canada

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Former Top-Rated Bank Governor Mark Carney Elected To Lead Canada

The newly elected Canadian Prime Minister Mark Carney is the only governor of the Central Bank to have received a “A” note from Global Finance for his mandate in two different countries. The Liberal Party of Canada has managed an astonishing upheaval in the national elections. By choosing Mark Carney – the former governor of … Read more

Canada Says No to Lower Margin Rates for Crypto Funds—Here’s Why

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Canada Says ‘No' to Lower Margin Rates for Crypto Funds—Here’s Why

The Canadian Investment Regulatory Organization (CIRO) has announced that cryptocurrency funds will be excluded from its List of Securities Eligible for Reduced Margin (LSERM), a quarterly list that identifies securities qualifying for reduced margin rates. CIRO’s ruling, effective as of February 5, cites the “high volatility, liquidity concerns, and regulatory uncertainties” surrounding cryptocurrency funds behind … Read more

Tesla to raise prices of all cars in Canada from Feb. 1, website shows By Reuters

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Tesla to raise prices of all cars in Canada from Feb. 1, website shows By Reuters

(Reuters) – Tesla (NASDAQ: ) will raise the price of all its vehicles in Canada starting Feb. 1, with the price of the Model 3 increasing by C$9,000 ($6,254.78), according to notices on its Canadian website. Prices for the Model Y will increase to $4,000, while the Model S and X will each increase by … Read more