Ottawa’s proposed tax increases on some capital gains, announced in this week’s federal budget has some family doctors worried, as they warn the changes may affect their ability to save for retirement. “We don’t get pensions, we don’t get retirement funds, we don’t get insurance or sick days. We have to save up for our…
In November 2018, Prime Minister Justin Trudeau went to Calgary to speak to the chamber of commerce. A crowd gathered outside the venue and chanted, “Build that pipe.” Trudeau might have responded that he was trying to do just that — at least in regards to one pipeline. Trudeau’s government had actually purchased the Trans Mountain pipeline six…
As claustrophobic congestion on Toronto’s Gardiner Expressway worsens with years-long lane closures to accommodate road repairs, Ontario’s minister of transportation is suggesting around-the-clock construction could dramatically shorten the time frame. Parts of the Gardiner, between Dufferin Street and Strachan Avenue, have been reduced by one lane in each direction for “critical rehabilitation work” for three…
Alexander Vinogradsky’s Facebook posts share puns, poke fun at Gen Z and show off a trip to Tokyo Disneyland last year. In others, he is smiling or highlighting damaged cars in need of a tow. But beneath the cheerful faces and overseas vacations, a constant menace lingered in Vinogradsky’s life: as a kingpin in the…
It is not exactly the good news representatives in Guelph were hoping to hear from the province. The Ford government announced on Monday that GO train service is being expanded along the Lakeshore West, Lakeshore East, Milton, Stouffville and Kitchener lines. The service expansion on the Kitchener line, which runs through Guelph, would see weekday…
A chorus of Canadian entrepreneurs and investors is blasting the federal government’s budget for expanding a tax on the rich. They say it will lead to brain drain and further degrade Canada’s already poor productivity. In the 2024 budget unveiled Tuesday, Finance Minister Chrystia Freeland said the government would increase the inclusion rate of the capital gains tax from 50…
Just a day after announcing adjustments to its UP Express service at two busy stations, the province is rolling back those changes in response to widespread criticism from residents. Ontario Transportation Minister Prabmeet Sarkaria said in a statement on X Tuesday evening that he has instructed Metrolinx “not to proceed” with the planned changes that…
Heading into this week’s federal budget, one question loomed large: would new spending fuel inflation and make it harder for the Bank of Canada to start cutting interest rates? The budget lays out plans to spend nearly half a trillion dollars in taxpayer money. The new spending in the document is modest by comparison — $52.9 billion….
By Staff The Canadian Press Posted April 16, 2024 7:22 am 1 min read Descrease article font size Increase article font size Statistics Canada will release its latest reading on inflation Tuesday morning. The agency will publish its consumer price index for March. Statistics Canada reported last month that the annual pace of inflation cooled…
Ontario’s energy minister is set to announce a $1 billion plan to extend the life of the biggest hydroelectric dams in the province. The project involves refurbishing the Sir Adam Beck I and II generating stations along the Niagara River, which between them account for nine per cent of all electricity produced in Ontario each year….
