Canada on Monday said it will begin to ease pandemic restrictions at the U.S./Canada border next month, allowing U.S. citizens and permanent residents living in the U.S. who are fully vaccinated with Canadian-authorized vaccines to enter for nonessential travel without quarantining, The Washington Post. The decision, which takes effect Aug. 9, follows months of criticism from U.S.

Canadian companies are on track to sell a record volume of bonds in their own currency this year, taking advantage of low rates to refinance and fund post-pandemic investments, Bloomberg News reported. Almost C$78 billion ($52.5 billion) has been issued already this year, more than 70% of the record C$111 billion sold in all of 2020, according to data compiled by Bloomberg. Bankers expect a new high, despite a slower pace through year-end as borrowers shift from stockpiling liquidity to rightsizing balance sheets and protecting ratings.

Mexico’s new Finance Minister Rogelio Ramirez de la O pledged to maintain the country’s austerity, making a better use of its resources instead of increasing the debt burden, according to a statement, Bloomberg reported. Ramirez, a longtime ally and third Finance Minister of President Andres Manuel Lopez Obrador, begins what in Mexico is considered the most influential cabinet role with the goal of obtaining a level of independence his predecessors didn’t attain.

India's central bank has ordered Mastercard to stop adding new customers for failing to comply with the country's data storage rules, escalating a dispute between Indian authorities and U.S. financial services groups over the control of customer data, the Financial Times reported. The Reserve Bank of India said that Mastercard had not complied with rules introduced in 2018 that bar payment companies from transferring customer data overseas. The regulations, which were fiercely resisted by U.S. payment companies, required all financial data to be stored exclusively in India.