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Economy
Quebec follows Ottawa and raises amount of capital gains subject to tax
Quebec says it will align its tax system with the federal government by increasing the percentage of capital gains subject to taxation. Like Ottawa announced in its budget Tuesday, Quebec says it will...
The Canadian Press
50m ago
Manitoba Tories say premier's promise to control food prices has rung hollow
WINNIPEG - Manitoba's Opposition Progressive Conservatives say the NDP government's promise to crack down on rising grocery prices has proven to be an empty threat. Interim Tory leader Wayne Ewasko po...
The Canadian Press
Apr 17, 2024
What measures were missing from the 2024 federal budget
TORONTO - The federal budget tabled on Tuesday introduced $53 billion in new spending, but not everyone got what they were looking for. Here's a look at some of the measures not included in the Libera...
The Canadian Press
Apr 17, 2024
Capital gains are going to be taxed more, and these economists say it's a good thing
OTTAWA - Canada's wealthiest individuals and corporations will soon pay taxes on a larger share of the capital gains they earn, a change that economists say will make the tax system more efficient, de...
The Canadian Press
Apr 17, 2024
Feds, consumer advocate square off in court over air passenger refunds
The federal government and a consumer rights advocate squared off in court Wednesday over whether regulators misled passengers by encouraging travel credit rather than refunds at the onset of the pand...
The Canadian Press
Apr 17, 2024
Tech industry warns budget's capital gains proposals could cause 'irreparable harm'
TORONTO - The federal budget is being met with disdain from Canada's innovation industry, including tech darling Shopify, which called the capital gains measures in the fiscal plan a potential cause o...
The Canadian Press
Apr 17, 2024
Some of the winners and losers in the 2024 federal budget
OTTAWA - With a variety of fiscal and policy measures announced in the federal budget, here's a look at some of the winners and losers: Winner: Small businesses Carbon tax rebates for small businesses...
The Canadian Press
Apr 16, 2024
Liberals raise capital gains tax on wealthiest Canadians to pay for agenda
OTTAWA - Finance Minister Chrystia Freeland delivered a federal budget Tuesday that keeps the deficit capped at $40 billion, thanks to higher-than-expected government revenues and new taxes that large...
The Canadian Press
Apr 16, 2024
Here's what the Liberals have already promised will be in today's federal budget
OTTAWA - Finance Minister Chrystia Freeland is set to present the federal budget on Tuesday after a countrywide tour that teased many of the housing and affordability measures to be included in the do...
The Canadian Press
Apr 16, 2024
Housing will be a central part of Tuesday's budget. (Lara Fominoff/650 CKOM)
$535B budget projects $39.8B deficit, aims to restore economic fairness
OTTAWA - The 2024 federal budget will provide "generational fairness" to younger Canadians by raising taxes on those who have already capitalized on Canada's economic strengths, Finance Minister Chrys...
The Canadian Press
Apr 16, 2024
Finance Minister Chrystia Freeland. (The Canadian Press)
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Sports
Regina Rebels head into Esso Cup with confidence
1h ago
The Rebels open play at the tournament on Sunday against North York.
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