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Andrew Cainey, from the London-based think tank Chatham House who specializes in Asia-Pacific, the global economy, and finance, said: "Success in Belt and Road Initiative projects require each party to understand the others well and to be aware of cultural differences and norms of doing business.With their international business reach, British professional services companies are well-placed to advise on this. Britain also has world-leading businesses in marketing, PR, and communications that help project the efforts of different parties."

Ana Mari Cauce, University of Washington President

Andrew Cohen in New York and agencies contributed to this story.

Analysts expect that market sentiment may recover in the second half as earlier pledges to boost confidence by the government may take some time to take effect.

An online vigil will give Canadians a chance to come together virtually to pay tribute to the victims. The three-hour vigil called "Nova Scotia Remembers" is scheduled to be livestreamed on Facebook and YouTube on Friday starting at 7 pm local time (6 pm EDT).