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Chrystia Freeland

Canada forecasts lower 2023 growth, possible ‘shallow recession’

OTTAWA: Canada could fall into a “shallow recession” this year, according to a worst-case scenario outlined in...

Published 31 Mar, 2023 06:45am

World

Canada says Russian presence at G20 meeting was ‘absurd’

MONTREAL: Russia’s participation in a meeting of G20 finance ministers that was overshadowed by its invasion of...

Published 18 Jul, 2022 06:22am

World

Canada’s Freeland says Russian technocrats also responsible for ‘war crimes’

NUSA DUA: Canadian Finance Minister Chrystia Freeland on Friday told Russian officials at a meeting of G20 finance...

Published 15 Jul, 2022 10:40am

World

Canada to spend big to 'punch way out of Covid recession'

"I want to avoid an election," said Jagmeet Singh, leader of the fourth-ranked New Democrats. "With the third (Covid) wave hitting hard," that would be "irresponsible," he said.

Published 20 Apr, 2021 10:29am

Business & Finance

Ottawa, Air Canada reach Can$5.9bn aid agreement

Air Canada has suffered a Can$4.6 billion loss, marked by a 73 percent drop in passenger numbers due to Covid-19.

Updated 13 Apr, 2021 04:33pm

Markets

Canadian dollar hits a 12-day low pandemic curbs weigh on oil

The price of oil, one of Canada's major exports, plunged as concerns over new pandemic curbs and slow vaccine rollouts in Europe added to oversupply uneasiness.

Published 24 Mar, 2021 11:57am

Markets

Canada to unveil first budget in two years

The pandemic caused a 5.4 percent drop in GDP in 2020, the worst result in at least 60 years, according to the IMF report.

Published 24 Mar, 2021 10:47am

World

Yellen affirms importance of close ties with Canada

WASHINGTON: US Treasury Secretary Janet Yellen and her Canadian counterpart on Friday underscored the importance of...

Published 31 Jan, 2021 03:36am

World

Canada working on possible aid for the airlines and travel sector, says finance minister

The Canadian branch of the International Association of Machinists and Aerospace Workers on Tuesday urged Freeland to consider partially or fully nationalizing Air Canada.

Published 20 Oct, 2020 11:46pm

World

Canada's Freeland no longer to spearhead US relations as finance minister

Prime Minister Justin Trudeau had made Freeland his main US go-between when he named her deputy prime minister after last year's election.
We're back in more of a traditional setup in terms of the relationship," said one of the sources.

Published 20 Aug, 2020 01:41am

World

Trudeau names Canada's first female finance minister amid ethics scandal

The prime minister is scheduled to speak to reporters later and announce the suspension of parliament until October, with a new federal budget to follow its return to work.

Published 19 Aug, 2020 02:18am

World

Trudeau to tap ally Freeland as finance minister in agenda reset

The appointment comes after a tumultuous week for the government that ended in Bill Morneau stepping down as finance minister on Monday night.
Freeland's experience renegotiating a North American trade deal and her relationships with provincial premiers make her a good choice.

Published 18 Aug, 2020 11:05pm

World

Deputy PM Freeland to be named Canada finance minister: media

Morneau was also being investigated by Canada's ethics commissioner over his ties to a charity tasked to distribute pandemic relief to young Canadians.

Published 18 Aug, 2020 08:01pm

Gainers
Losers
Leaders

Stock	Price
Soneri Bank Ltd / Mar 31 Soneri Bank Limited(SNBL)	9.28 ▲ 0.76 (8.92%)
Asim Textile / Mar 31 Asim Textile Mills Limited(ASTM)	6.48 ▲ 0.53 (8.91%)
Pak Engineering / Mar 31 Pakistan Engineering Company Limited(PECO)	325.40 ▲ 22.70 (7.50%)
Towellers Ltd. / Mar 31 Towellers Limited(TOWL)	251.46 ▲ 17.54 (7.50%)
B.R.R.Guardian / Mar 31 B.R.R. Guardian Modaraba(BRR)	12.90 ▲ 0.86 (7.14%)
Invest Bank / Mar 31 Invest Capital Investment Bank Limited(ICIBL)	1.20 ▲ 0.08 (7.14%)
Hascol Petrol / Mar 31 Hascol Petroleum Limited(HASCOL)	6 ▲ 0.33 (5.82%)
Sardar Chemical / Mar 31 Sardar Chemical Industries Limited(SARC)	33.75 ▲ 1.75 (5.47%)
Ghandhara Tyre / Mar 31 Ghandhara Tyre & Rubber Company Limited(GTYR)	27 ▲ 1.15 (4.45%)
Biafo Ind. / Mar 31 Biafo Industries Limited(BIFO)	56.95 ▲ 1.95 (3.55%)

Stock	Price
Bawany Air Products / Mar 31 Bawany Air Products Limited(BAPL)	8.55 ▼ -0.95 (-10.00%)
Tri-Pack Films / Mar 31 Tri-Pack Films Limited(TRIPF)	125 ▼ -11.14 (-8.18%)
AL-Ghazi Tractors / Mar 31 Al-Ghazi Tractors Limited(AGTL)	270.73 ▼ -21.95 (-7.50%)
Escorts Bank / Mar 31 Escorts Investment Bank Limited(ESBL)	3.12 ▼ -0.24 (-7.14%)
Shield Corp. / Mar 31 Shield Corporation Limited(SCL)	262 ▼ -20.00 (-7.09%)
Dawood Lawrencepur / Mar 31 Dawood Lawrencepur Limited(DLL)	210 ▼ -15.90 (-7.04%)
Supernet Ltd. / Mar 31 Supernet Limited(GEMSPNL)	10.28 ▼ -0.62 (-5.69%)
St.Chart.Bank / Mar 31 Standard Chartered Bank (Pak) Ltd(SCBPL)	19.73 ▼ -1.11 (-5.33%)
Hira Textile / Mar 31 Hira Textile Mills Limited(HIRAT)	1.51 ▼ -0.08 (-5.03%)
Service Ind.Ltd / Mar 31 Service Industries Limited(SRVI)	213 ▼ -11.00 (-4.91%)

Stock	Volume
Telecard Limited / Mar 31 Telecard Limited(TELE)	6,211,500 ▼ -0.10
Pak Elektron / Mar 31 Pak Elektron Limited(PAEL)	6,152,500 ▼ -0.08
Engro Corp / Mar 31 Engro Corporation Limited(ENGRO)	5,429,492 ▲ 0.01
WorldCall Telecom / Mar 31 Worldcall Telecom Limited(WTL)	4,946,279 ▲ 0.01
Pakgen Power / Mar 31 Pakgen Power Limited(PKGP)	4,417,000 ▲ 1.00
Agha Steel Ind. / Mar 31 Agha Steel Ind.Ltd(AGHA)	3,689,500 ▼ -0.20
K-Electric Ltd. / Mar 31 K-Electric Limited(KEL)	3,416,092 ▲ 0.01
Oil & Gas Dev. / Mar 31 Oil & Gas Development Company Limited(OGDC)	3,343,193 ▼ -0.28
Bankislami Pak. / Mar 31 BankIslami Pakistan Limited(BIPL)	2,894,500 ▼ -0.10
Hascol Petrol / Mar 31 Hascol Petroleum Limited(HASCOL)	2,712,500 ▲ 0.33

Markets →

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Mar 30	285.65
USD PKR Interbank Buying / Mar 30	283.65
USD to Japanese Yen / Mar 30	132.94
USD to Swiss Franc / Mar 30	0.91
Pound Sterling to USD / Mar 30	1.24
Euro to USD / Mar 30	1.09
UK LIBOR % / Mar 30	4.81

Stock	Volume
India Sensex / Mar 29	57960.09
S&P 500 / Mar 30	4050.83
Tokyo Nikkei / Mar 30	28030.26
Nasdaq / Mar 30	12013.47
Hang Seng / Mar 30	20675.05
FTSE 100 / Mar 30	7620.43
Dow Jones / Mar 30	32859.03
Germany DAX 30 / Mar 30	15522.40
France CAC40 / Mar 30	7263.37

Item	Value
Crude Oil USD/Barrel / Mar 30	74.42
Karachi Cotton PKR/37.32 KG / Mar 30	18935
Gold 10 Grams PKR / Mar 30	178241
Gold Spot USD/Ounce / Mar 30	1982.35
Cotton US¢/pound / Mar 30	83.35

Chrystia Freeland

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