Tech industry warns budget's capital gains proposals could cause 'irreperable harm'
TORONTO — The federal budget is being met with distain from Canada's innovation industry, including tech darling Shopify, which both positioned capital gains measures embedded in the fiscal plan as a potential cause of “irreparable harm.”
TORONTO — The federal budget is being met with distain from Canada's innovation industry, including tech darling Shopify, which both positioned capital gains measures embedded in the fiscal plan as a potential cause of “irreparable harm.”
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.
Capital gains are going to be taxed more, and these economists say it's a good thing
OTTAWA — The Liberal government is going to change how capital gains are taxed in Canada, which will affect corporations and the country's wealthiest individuals.
OTTAWA — The Liberal government is going to change how capital gains are taxed in Canada, which will affect corporations and the country's wealthiest individuals.
Wildfire sparked by Alta. 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.
CALGARY — A wildfire in west-central Alberta that was sparked by a natural gas pipeline rupture Tuesday is under control.
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.
Federal budget announces measures for open banking, predatory lending and bank fees
OTTAWA — The federal budget announced several measures affecting the banking sector, including long-promised details about a framework for open banking.
OTTAWA — The federal budget announced several measures affecting the banking sector, including long-promised details about a framework for open banking.
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.