The penalty was the largest ever imposed by U.S. officials on a bank for violating anti-money laundering laws, and regulators imposed a cap on TD’s ability to accept new deposits.
Category: Canada
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Lhasa’s Music Captivated Audiences Everywhere but Here
At Pop Montreal, tribute concerts on Sept. 29 and 30 will honor the memory of Lhasa de Sela, the American-born multilingual singer-songwriter.
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Amazon Sought Tariff Loophole Used by Chinese Rivals. Now Biden Is Closing It.
Under pressure from Chinese competitors, Amazon, Walmart and other U.S. retailers have been exploring ways to avoid tariffs. Could a new Biden administration rule change that?
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7-Eleven Rejects Takeover Bid From Big Canadian Chain
Japan’s Seven & i Holdings, the operator of 7-Eleven, has rebuffed a buyout offer that would have been the largest foreign-led acquisition of a Japanese company.
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In Quebec’s Casse-Croûtes, Fast Food for a Short but Sweet Summer
By now, the most famous product of Quebec’s casse-croûtes, the poutine, has gone international. But can the guédille or the pinso ever become just as popular?
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Canada Will Impose 100% Tariffs on Chinese Electric Vehicles
The new tariffs announced by Prime Minister Justin Trudeau will match levies imposed by President Biden and could further strain relations between Canada and China.
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7-Eleven Is a Hard Target for Couche-Tard to Land in Takeover Bid
Convenience stores are a part of the country’s culture, meaning that the foreign buyout bid for 7-Eleven, the largest chain, could be a hard sell in Japan.
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What Canada’s Rail Shutdown Could Mean for U.S. Supply Chains
Rail labor disruptions in Canada tend to be brief, but a prolonged stoppage could hurt farmers, automakers and other businesses.
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Canada’s Freight Railroads Halt Operations Amid Labor Dispute
The shutdown could disrupt trade with the United States and other countries, as well as causing serious economic consequences within Canada.
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7-Eleven Gets Takeover Bid From Canada’s Alimentation Couche-Tard
Japan’s Seven & i Holdings, which operates 85,000 stores, said it had received a bid from the Canadian convenience store chain Alimentation Couche-Tard.
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AJ Aquino and Dr. David Poon, Advocates Who Reunite International Couples, Get Married
AJ Aquino met Dr. David Poon while visiting Toronto from Ireland in 2017. During the pandemic, she visited him and was turned away. And so began their efforts to help other couples reunite.
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Driving Through Eastern Canada in a Cheap R.V. Rental
When rental companies need to move their vehicles, they frequently offer one-way trips at a steep discount. Our Frugal Traveler snapped up a deal that took her through eastern Canada.