Finance

Finance


As the Bank of Canada prepares for a digital Canadian dollar, democratic concerns loom large

This article was originally published on The Conversation, an independent and nonprofit source of news, analysis and commentary from academic experts. Disclosure information is available on the original site. The Bank of Canada is preparing for the possibility of the Canadian government requiring it to issue a digital version of the Canadian dollar. Although the […]

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Cape Breton based employment organization mismanaged $1 million: auditor general

HALIFAX — A Cape Breton-based employment services organization mismanaged more than $1 million in government funds in what Nova Scotia’s auditor general says was a “perfect storm” of deliberate, systemic actions that benefited select managers and staff. Kim Adair’s audit of the Island Employment Association found numerous instances of “gross mismanagement of public funds,” including […]

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Hong Kong launches bid to attract Canadian companies, but rights group warns of risks

Hong Kong’s government is betting that Canadian companies and other overseas businesses will put profits over politics as it tries to lure talent and industry back to the city that has been cracking down on dissent after quashing a pro-democracy protest movement. A Toronto-based official involved in the pitch that was advertised in Canadian newspapers […]

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Argentina eyes $100 billion as US will share banking data

BUENOS AIRES, Argentina (AP) — The U.S. and Argentina agreed on Monday to have their tax agencies automatically share data about citizens’ banking and investments in each other’s countries. The government in Buenos Aires hopes this will lead to an estimated $100 billion that Argentines have tried to shelter in the United States. Financial data […]

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