Canada Launches Real-Time Payment System for Instant Money Transfers

CanadaNov 09, 2026

Canada Launches Real-Time Payment System for Instant Money Transfers

Transferring money between bank accounts in Canada is set to become faster and easier with the launch of a new real-time payment system. Payments Canada announced on Monday the launch of its Real-Time Rail (RTR) payment system. Currently, transferring money between banks and completing business transactions can take considerable time. However, the new RTR system will allow consumers and businesses to send and receive money within seconds, 24 hours a day, seven days a week, including weekends and holidays. Initially, fintech companies such as Wealthsimple and KOHO are testing the system to offe

IndiaNov 09, 2026

Bibi Jagir Kaur Set to Rejoin Shiromani Akali Dal After Four Years

Former Shiromani Gurdwara Parbandhak Committee (SGPC) president Bibi Jagir Kaur is expected to rejoin the Shiromani Akali Dal on November 13, sparking fresh political discussions in Punjab and the Sikh community. Bibi Jagir Kaur has confirmed that Shiromani Akali Dal president Sukhbir Singh Badal will visit Begowal on November 13. She said people in Punjab are concerned about the weakening of the Akali Dal, which was established in 1920 at Sri Akal Takht Sahib, and stressed the need to strengthen the party. She also stated that she has never sought any position and has always worked for the pa

BCNov 09, 2026

Surrey Mayor Doug McCallum’s 15 Campaign Promises Set for Council Approval

Surrey Mayor Doug McCallum’s campaign promises could receive the green light at this evening’s council meeting, the first regular meeting of the newly elected council. McCallum’s 15-point agenda includes several major proposals, including the controversial decision to separate the City of Surrey from Metro Vancouver while retaining its existing services. Other key commitments include equipping the Surrey Police Service with a fleet of helicopters and drones within the next three months and freezing property taxes for the next four years. However, political experts believe that while McCa

CanadaNov 09, 2026

Mark Carney Appoints Karen Karniol-Tambour as CEO of Canada’s New Sovereign Wealth Fund

Prime Minister Mark Carney has announced the appointment of the CEO of Canada’s first-ever sovereign wealth fund, named the Canada Strong Fund. Karen Karniol-Tambour, currently co-chief investment officer at U.S.-based asset management firm Bridgewater Associates, will take on the role. A Canadian citizen, Karniol-Tambour joined Bridgewater in 2006 and is now leaving the firm after nearly two decades to return to public service in Canada. The Canada Strong Fund will launch with an initial capital of $25 billion and aims to invest in major infrastructure projects across the country. One of th

AlbertaNov 09, 2026

Alberta Premier Danielle Smith Welcomes Federal Budget, Raises Concerns Over Immigration Changes

Alberta Premier Danielle Smith has welcomed the latest federal budget, calling it an important step toward the province’s economic development. She particularly praised investments in major projects and tax reforms, which are expected to provide a significant boost to private-sector investment. However, Smith expressed concerns over the proposed immigration changes, saying they are being introduced without consulting the provinces. Under the federal government’s new plan, Canada will welcome 380,000 permanent residents and 370,000 temporary residents annually from 2027 to 2029. The plan al

Canada Launches Real-Time Payment System for Instant Money Transfers

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