Canada

Home Capital’s shares surge as Buffett rides to rescue

Warren Buffett's Berkshire Hathaway Inc is providing a CUS$2 billion loan to Home Capital Group Inc and taking a 38 percent stake in the lender, with the U.S. billionaire pitching himself against short-sellers who have targeted the stock as Canada's housing market has turned riskier....

China Bans Synthetic Opioids Amid North American Crisis

A proliferating opioid overdose crisis in North America stemming from hyper-potent synthetic opiates such as Fentanyl has contributed to over 59,000 estimated overdose deaths in the United States (a 19% increase from 2015) and 2,458 in Canada last year. Illicit labs in China are one major sour...

Beauty Queen Calls for Release of Imprisoned Canadian in China

Anastasia Lin, the reigning Miss World Canada and human rights activist, is calling for the immediate release of a Canadian citizen who was imprisoned and brutalized in China for her spiritual beliefs. At a United Nations Human Rights Council in Geneva on June 19, Lin described the case of Sun Qian...

Geopolitical Risks Threaten Exuberant Stock Market

MONTREAL—Geopolitical risk is running high despite all seeming well with U.S. stock markets, but evaluating broader trends, which include “de-globalization” and China’s economic transition on asset prices and inflation, is critical at this time. Volatility—the degree of fear in...