Wildfire sparked by pipeline rupture under control; investigation continues
CALGARY — A wildfire in west-central Alberta that was sparked by a natural gas pipeline rupture Tuesday is under control, but an investigation into what caused the pipeline to break could take months or even years.
CALGARY — A wildfire in west-central Alberta that was sparked by a natural gas pipeline rupture Tuesday is under control, but an investigation into what caused the pipeline to break could take months or even years.
Budget pushes measures on open banking, lower fees forward, but timing unclear
TORONTO — The federal budget pushed forward several banking sector initiatives, including open banking and lower fees, but had little detail on when changes would actually take effect.
TORONTO — The federal budget pushed forward several banking sector initiatives, including open banking and lower fees, but had little detail on when changes would actually take effect.
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 of "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 of "irreparable harm."
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, despite pushback from business groups.
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, despite pushback from business groups.
Feds, advocate square off in court over air passenger refunds
OTTAWA — The federal government and a consumer rights advocate are squaring off in court over whether regulators misled passengers by encouraging travel credit rather than refunds at the onset of the pandemic.
OTTAWA — The federal government and a consumer rights advocate are squaring off in court over whether regulators misled passengers by encouraging travel credit rather than refunds at the onset of the pandemic.
S&P/TSX composite up in late-morning trading, U.S. stock markets fall
TORONTO — Canada's main stock index was up in late-morning trading, helped by strength in base metal and technology stocks, while U.S. stock markets moved lower.
TORONTO — Canada's main stock index was up in late-morning trading, helped by strength in base metal and technology stocks, while U.S. stock markets moved lower.
Engine Capital backs Simpson Oil's call for strategic review at Parkland
CALGARY — An activist investor has sent a letter to the board of directors at Parkland Corp. backing a call from the company's largest shareholder for a strategic review at the fuel retailer.
CALGARY — An activist investor has sent a letter to the board of directors at Parkland Corp. backing a call from the company's largest shareholder for a strategic review at the fuel retailer.
B.C. construction sector seeks support as workers shortage, late payments persist
VICTORIA — British Columbia's construction industry says its workforce numbers have improved in recent years, but persistent labour shortages are putting "extreme pressures" on employers.
VICTORIA — British Columbia's construction industry says its workforce numbers have improved in recent years, but persistent labour shortages are putting "extreme pressures" on employers.
TC Energy pipeline rupture sparks wildfire near Edson, Alta.
CALGARY — A natural gas pipeline owned by TC Energy Corp. ruptured near Edson, Alta., on Tuesday, sparking a wildfire.
CALGARY — A natural gas pipeline owned by TC Energy Corp. ruptured near Edson, Alta., on Tuesday, sparking a wildfire.
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 largely offset billions in new spending.
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 largely offset billions in new spending.