In the first quarter of 2024, Canada’s household savings rate surged to 6.9 percent, a peak not reached since 1996, excluding the pandemic period. This rate represents the proportion of disposable income that Canadians save. During the pandemic’s peak in the second quarter of 2020, savings soared to an unprecedented 26.5 percent due to lockdowns…
Elon Musk, CEO of Tesla, recently extended congratulations to Prime Minister Narendra Modi for becoming the most followed world leader on the social media platform ‘X’. Musk took to ‘X’ to express his admiration, stating, “Congratulations PM @NarendraModi on being the most followed world leader!” PM Modi’s achievement comes with a staggering 100 million followers…
A major tech malfunction caused widespread chaos on Friday, grounding flights, disrupting essential services, and leaving travelers stranded around the world. The culprit? A faulty update to antivirus software designed to protect computers. CrowdStrike, the cybersecurity firm behind the update, confirmed a bug in their software caused the outage. This bug specifically impacted Windows PCs….
A recent analysis conducted by Global Affairs Canada (GAC) reveals that international students made a substantial economic impact on Canada in 2022, with their expenditures contributing CDN$30.9 billion (US$23 billion) to the nation’s GDP. This figure underscores the pivotal role of international education as a key economic driver for the country. The study claims that…
A disturbing case of human labor trafficking has come to light in Collin County, Texas, leading to the arrest of four individuals accused of running a trafficking scheme out of a residence. Princeton Police Department’s investigation revealed that 15 women were found as alleged victims of human trafficking at a home on Ginsburg Lane. Charged…
India’s Consul General Masakui Rungsung met today with Dr. Benoit-Antoine Bacon, President and Vice-Chancellor of the University of British Columbia (UBC), to discuss potential areas of increased collaboration in research and higher education. Consul General Rungsung emphasized the value of fostering educational efforts to deepen links between UBC and India during their meeting at the…
The federal government has passed a controversial digital services tax that would generate billions of dollars but jeopardize trade relations with other countries by charging the money that foreign companies make in Canada. The tax was suggested by the Liberal administration in its 2019 platform. In order to negotiate a compromise with other OECD countries…
Prime Minister Justin Trudeau says he hears Canadians’ “concerns and frustrations” asquestions mount about his future as Liberal leader following his party’s stunning by-electionloss. Conservative Don Stewart won the longtime federal Liberal stronghold of Toronto-St.Paul’s in a dramatic win, ending a race that was largely viewed as a referendum on Trudeau’sleadership. “This was obviously not…
