News & Events

India and Canada unveil their plan to put up an initial agreement this year, aimed at boosting their trade and investment. During a recent meeting in Ottawa, India’s Commerce and Industry Minister, Piyush Goyal, along with business leaders, held discussions with his Canadian counterpart, Mary Ng. According to the Indian data, the bilateral commercial ties between Canada and India are valued at $100 billion, which encompasses $70 billion of Canadian portfolio investment in India.

Read the original article here: https://www.msn.com/en-ca/money/topstories/india-canada-aim-to-seal-trade-pact-this-year/ar-AA1aYDel

The Bank of Canada (BoC) initiates a public consultation to gather feedback on the potential characteristics of a digital Canadian dollar. This is an exploratory measure to assess the feasibility of introducing a digital version of the currency.
To prevent the private sector from taking over digital payments as cash usage decreases, central banks worldwide are exploring digital versions of their currencies. The COVID-19 pandemic has accelerated the decline of cash usage in some cases, prompting these studies.
The central banks of Japan, Brazil, and Australia have also initiated measures towards introducing a digital token.

Read the original article here: https://www.msn.com/en-ca/money/topstories/bank-of-canada-launches-public-consultations-on-digital-c/ar-AA1aUY8y

In Jersey, Liberation Day is celebrated on May 9th, while in Guernsey, it is celebrated on May 10th. The day is marked by various events and festivities, including parades, concerts, and firework displays, as well as moments of remembrance for those who suffered during the occupation. It is a significant day in the islands’ history and is celebrated with great enthusiasm by the local population.