Business

Ottawa extending 2% alcohol tax hike cap for another 2 years

OTTAWA — The federal government is set to extend its cap on an annual alcohol tax increase for another two years in a bid to rein in costs facing Canada's brewers, wineries and distilleries. Excise taxes...

15m ago

Canada not worried U.S.-Mexico trade talks will upend trilateral deal, LeBlanc says

OTTAWA — Canada-U.S. Trade Minister Dominic LeBlanc said on Monday he isn't worried Mexico will sign a trade agreement with the Americans that excludes Canada. LeBlanc told reporters at a news conference...

7h ago

B.C. union calls for full-time remote work due to spiking gas prices

BURNABY — The BC General Employees' Union is asking for provincially regulated employees to be allowed to work from home full-time due to high fuel prices. The union, which represents 35,000 public service...

10h ago

Fed is watching energy price spikes, but Chair Powell says bank is limited in what it can do

CAMBRIDGE, Mass. (AP) — Federal Reserve Chair Jerome Powell said Monday that it is important to closely monitor inflation amid a spike in energy prices from the Iran war. Powell, who spoke...

12h ago

Ontario eyes further ban on green development standards, bigger fare evasion fines

TORONTO — Ontario is proposing to dramatically increase fines for fare evasion on GO Transit, allow rideshare services in some northern communities, and ban municipalities from requiring EV charging...

12h ago

Pressure mounts to change tax assessments for vacant development sites in Toronto

Pickleball courts, operating on one proposed but empty condo development site, have sparked a huge debate and forced action from Toronto city council. At issue is Yonge-St. Clair's 8 Rosehill Place,...

16h ago

Carney isn't saying whether Michael Ma faces fallout for China remarks

OTTAWA — Prime Minister Mark Carney did not answer directly Monday when asked whether Liberal MP Michael Ma will face consequences for his recent comments about forced labour in China, and sidestepped...

9h ago

Ottawa launches consultation on national anti-fraud strategy

The federal government says it will be consulting for the next four weeks on a national strategy to tackle financial scams targeting Canadians and businesses. Finance Minister François-Philippe Champagne...

4h ago

Social media ban for kids 16 and under widely supported by majority of Canadians: Angus Reid

Should Canada follow the lead of Australia and ban kids under the age of 16 from using social media platforms? According to a new Angus Reid survey, the answer is a resounding yes, with 75 per cent saying...

18h ago

Feds, Ontario pool $8.8B for housing infrastructure to cut development fees

OTTAWA — The federal and Ontario governments said Monday they will together invest billions of dollars in local infrastructure spending to help cities cut costly development fees and get more homes built. Prime...

8h ago