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Canada News Headlines - Yahoo News CA
  • Countdown to missed opportunity for EU economy

    A euro logo sculpture stands in front the headquarters of the European Central Bank in FrankfurtBy Paul Taylor PARIS (Reuters) - The countdown has begun to what threatens to be a missed opportunity to revive Europe's stalled economy. When European Union leaders meet on Dec. 18-19 under new management, they have a chance to launch a joint assault on the economic stagnation and high unemployment that are fuelling disenchantment and anti-EU protest among voters. All the signs are they are set to fall short. The 18-nation euro zone is struggling to pull out of the aftermath of its debt crisis, aggravated by the economic impact of a standoff with Russia over Ukraine. ...


  • Exclusive: China ready to cut rates again on fears of deflation - sources

    The headquarters of the People's Bank of China is pictured behind an iron chain in BeijingBy By Kevin Yao BEIJING (Reuters) - China's leadership and central bank are ready to cut interest rates again and also loosen lending restrictions, concerned that falling prices could trigger a surge in debt defaults, business failures and job losses, said sources involved in policy-making. Friday's surprise cut in rates, the first in more than two years, reflects a change of course by Beijing and the central bank, which had persisted with modest stimulus measures before finally deciding last week that a bold monetary policy step was required to stabilize the world's second-largest economy. ...


  • Inheritance 'tension': Why more families may be headed for court
    According to a study by BMO Investorline published this year, we are about to witness the biggest inter-generational transfer of wealth in Canadian history, from those born in the 1930s and '40s to the baby boomers. “We are seeing a significant increase in cases coming to the courts, but also coming around dining room tables,” said Laura Tamblyn Watts, a senior fellow at the Canadian Centre for Elder Law in British Columbia, in an interview with Michael Enright on CBC Radio's The Sunday Edition. Jan Goddard, a Toronto lawyer with expertise in trust and estates, added that Canada’s recent economic prosperity means that people in their 80s and 90s have more wealth to leave to the next generation.

Computer Security News

  • NYC man gets prison for role in cybercrime ring
    A New York City man was sentenced Friday to more than three years in prison for his role in an international cybercrime ring that prosecutors say hacked into the computers of more than a dozen financial ...
  • Here’s who is tracking your smartphone – and how to stop them

    Here’s who is tracking your smartphone – and how to stop themOne of the problems with smartphones is that spy agencies and advertisers can use them to collect data and keep tabs on users, as many reports have shown in the last 18 months. While companies such as Apple and Google have started encrypting iPhone and Android devices by default, prompting the U.S. government to heavily criticize their encryption practices, that doesn’t mean smartphones are now free from spying. FROM EARLIER: Why the government keeps telling you iPhone encryption will eventually kill a child Those of you who want to take additional steps to protect your data should check out WhoIsHostingThis’ massive infographic that reveals more details covering who can spy on your handset, how it’s done and what steps can be taken to


  • Brooklyn man sentenced for role in cybercrime ring
    A New York City man has been sentenced to about 3 1/2 years in prison for his role in an international cybercrime ring that hacked into the computers of more than a dozen financial institutions and the ...

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