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TD Bank hit with $9.2M penalty after failing to report suspicious transactions – Yahoo Canada Finance

TORONTO — Canada’s financial crime watchdog has fined Toronto-Dominion Bank $9.2 million for non-compliance with anti-money laundering and anti-terrorist financing regulations. This is because the bank is also under compliance investigation in the United States. The latest fine by the Financial Transactions and Reporting Analysis Center of Canada (Fintrac) follows the earlier fine of $7.5 […]

‘Wacko PM’: Canadian opposition leader ejected for Trudeau insult | Canada

The leader of Canada’s main opposition party has been expelled from the House of Commons after calling Prime Minister Justin Trudeau a “freak” in the latest clash between the two ahead of next year’s election. The incident began after Conservative Leader Pierre Poièvre criticized Trudeau for supporting a move to decriminalize some hard drugs in […]

Out-of-Control Wildfires Return to Canada, Forcing Evacuations

Canada’s 2024 wildfire season was in full swing this week with more than 120 wildfires burning in drought-stricken British Columbia and Alberta. That includes large, out-of-control fires that prompted evacuation orders in Alberta and brought back unwelcome memories of last year’s record-setting days. Wildfire season is here. One of the most dangerous fires is report […]

Canada launches new offensive in electric vehicle manufacturing subsidy war

Canada is spending more to help automakers build out electric vehicle supply chains in the country as part of its yearslong effort to attract new auto investments and compete with the U.S. EV subsidies enacted under President Joe Biden. The tax credit, included in the government’s new 2024 budget proposal, offers manufacturers a 10% subsidy […]

Canada risks more ‘catastrophic’ wildfires with hot weather forecast | Canada

Canada is at risk of another “catastrophic” wildfire season, the federal government warns, as El Niño conditions are expected to bring warmer-than-normal spring and summer temperatures across much of the country. There is. Last year, Canada experienced its worst fire season on record, with more than 6,600 fires burning 15 million hectares (37 million acres), […]

Royal Bank of Canada fires finance boss over undisclosed relationship

Royal Bank of Canada fires chief financial officer Nadine Ang after an internal investigation found she had an undisclosed personal relationship with another employee that violated the bank’s code of conduct. did. The investigation began after the bank learned of “suspects” against Mr. Ahn in March. An RBC spokesperson told the Post that the company […]