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21/06/2024

After an extended hiatus,Kyber News has now returned, after battling legal troubles for dishing out authentic information and news stories.
Thank you for being patient with us and sticking by us throughout.
We will now continue running stories whenever our journalist get a hold of them.
Our thanks to Canada

Historic $10 Billion Treaty Settlement Reached Between Canada, Ontario, and 21 First NationsOttawa, Canada – In a landma...
28/01/2024

Historic $10 Billion Treaty Settlement Reached Between Canada, Ontario, and 21 First Nations
Ottawa, Canada – In a landmark decision, Canada and Ontario have come to an agreement on a $10 billion compensation package with 21 First Nations as part of the Robinson Huron Treaty settlement. This settlement, one of the largest in Canadian history, marks a significant step towards rectifying long-standing injustices and advancing reconciliation with Indigenous communities.

Canada and Ontario Sign Historic Treaty SettlementA landmark settlement has been reached involving the Robinson Huron Tr...
26/01/2024

Canada and Ontario Sign Historic Treaty Settlement

A landmark settlement has been reached involving the Robinson Huron Treaty, with Canada and Ontario agreeing to a $10 billion compensation package for 21 First Nations. This significant agreement marks a step forward in addressing historical grievances and fostering reconciliation with Indigenous communities.

Financial Watchdog Warns Banks Over 'Forever Mortgages'Canada's financial watchdog has issued a caution to banks about t...
25/01/2024

Financial Watchdog Warns Banks Over 'Forever Mortgages'

Canada's financial watchdog has issued a caution to banks about the risks associated with fixed-payment variable loans, often referred to as 'forever mortgages.' These types of loans can potentially lead borrowers into long-term financial commitments without significantly reducing their principal balance, raising concerns about long-term financial stability and consumer protection.

Canada's Military Preparedness for Emer

Mexico Reports Decline in Asylum Claims to CanadaFollowing a surge in asylum claims by Mexican citizens in Canada, the M...
25/01/2024

Mexico Reports Decline in Asylum Claims to Canada

Following a surge in asylum claims by Mexican citizens in Canada, the Mexican government has reported a notable decline last month. This comes after both countries implemented unspecified "joint measures" aimed at managing migration flows more effectively, highlighting the ongoing collaboration between Canada and Mexico in addressing migration challenges.

Federal Investment Boosts Innovative Research for Community InfrastructureOttawa, Canada – The Canadian government, thro...
25/01/2024

Federal Investment Boosts Innovative Research for Community Infrastructure

Ottawa, Canada – The Canadian government, through the Honourable Sean Fraser, Minister of Housing, Infrastructure and Communities, has unveiled a nearly $6 million investment in twelve innovative projects under the Research and Knowledge Initiative. This funding is set to empower data-driven decision-making for infrastructure projects, enhancing the quality of life and sustainability of communities across Canada. The initiative highlights the government's commitment to leveraging research and innovation to address the needs of Canadians and build resilient communities.

Tragic Plane Crash in Northwest Territories Claims LivesFort Smith, Northwest Territories – A devastating plane crash oc...
24/01/2024

Tragic Plane Crash in Northwest Territories Claims Lives
Fort Smith, Northwest Territories – A devastating plane crash occurred near Fort Smith in the remote Northwest Territories, involving a small aircraft carrying Rio Tinto workers to the Diavik diamond mine. The accident has resulted in an unspecified number of fatalities, with emergency services and investigators rushing to the scene. The incident has shocked the local community and the mining industry, prompting calls for a thorough investigation to prevent future tragedies.

Bank of Canada Holds Interest Rate Steady Amid Economic ChallengesOttawa, Canada – In a highly anticipated move, the Ban...
24/01/2024

Bank of Canada Holds Interest Rate Steady Amid Economic Challenges
Ottawa, Canada – In a highly anticipated move, the Bank of Canada has announced its decision to maintain the current target for the overnight rate at 5%, alongside a Bank Rate of 5¼% and a deposit rate of 5%. This decision reflects the central bank's response to the global economic slowdown and the gradual easing of inflationary pressures. With a commitment to quantitative tightening, the Bank of Canada aims to navigate the complex economic landscape, prioritizing stability and growth amidst evolving global dynamics.

Tragic Helicopter Crash in Northern BC Leaves Three Dead, Four Critically InjuredTerrace, British Columbia – A devastati...
23/01/2024

Tragic Helicopter Crash in Northern BC Leaves Three Dead, Four Critically Injured

Terrace, British Columbia – A devastating ski helicopter crash in northern British Columbia has claimed the lives of three individuals, with four others left in critical condition. The accident occurred near Terrace, involving a helicopter operated by Northern Escape Heli-Skiing. Emergency services rushed to the scene, and an investigation into the cause of the crash is currently underway. This tragedy has cast a shadow over the adventure sports community in the region.

Bank of Canada to Announce Interest Rate Decision Amid Economic Uncertainty Toronto, Canada – The Bank of Canada is set...
23/01/2024

Bank of Canada to Announce Interest Rate Decision Amid Economic Uncertainty
Toronto, Canada

– The Bank of Canada is set to make its next interest rate announcement this Wednesday, marking the second anniversary of its aggressive measures to combat post-COVID inflation. With the economy at a critical juncture, analysts and homeowners alike are eagerly awaiting the decision, which could have significant implications for the country's financial stability and growth prospects. The central bank's policies in response to inflation have been closely watched by international markets.

Canada Implements Cap on International Students to Ease Housing CrunchOttawa, Canada – In a significant policy shift, th...
23/01/2024

Canada Implements Cap on International Students to Ease Housing Crunch

Ottawa, Canada – In a significant policy shift, the Canadian government has announced a two-year cap on the intake of foreign students, a move aimed at alleviating the country's worsening housing shortage. This decision comes after years of explosive growth in the number of international students, which has contributed to the housing crisis. The federal government is set to reduce new visas for international students by more than one-third this year, to manage the surge in temporary residents that has placed additional pressure on Canada's already strained housing system.

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