Canadians are set to receive goods and services tax or harmonized sales tax credits this week from the federal government — the last such payments of the year. These tax-free quarterly payments will go out to eligible Canadians who earn low and modest incomes on Friday. They are meant to help individuals and families offset…
The Public Health Agency of Canada says it is not providing Novavax’s COVID-19 vaccine this respiratory virus season, citing low demand. It says the manufacturer requires a minimum order of its updated protein-based vaccine, called Nuvaxovid, which far exceeds the uptake by Canadians last year. The agency says a very small portion of the doses…
By Nojoud Al Mallees The Canadian Press Posted October 1, 2024 2:34 pm 1 min read Descrease article font size Increase article font size Finance Minister Chrystia Freeland says owners of small and medium-sized businesses will finally receive their long-awaited carbon pricing refunds before the end of this year. The Finance Department says the federal…
U.S. ports from Maine to Texas could shut down Tuesday if a union representing about 45,000 dockworkers carries through with a threatened strike. A lengthy shutdown could raise prices on goods across North America and potentially cause shortages and price increases at big and small retailers alike as the holiday shopping season — along with…
Canada’s fertility rate, which has been steadily declining, has hit a record low and the country is now among the “lowest-low” fertility nations. Statistics Canada released new data on Wednesday showing that the Canadian fertility rate in 2023 was 1.26 children per woman, which is the lowest recorded level since the agency began collecting data….
Descrease article font size Increase article font size Canada is poised to see significant growth in Indigenous-related project financing, international credit rating agency Morningstar DBRS said Monday. In a report released on the fourth annual national day for Truth and Reconciliation, the credit rating agency said Indigenous-related capital markets activity is on a steady upward…
Descrease article font size Increase article font size Danone Canada is recalling a brand of yogurt sold at Costco warehouses this month, the company said in a press release. The recall relates to Kirkland Signature Probiotic Yogurt (Costco Item 1264134), which was sold at Costco between Sept. 3 and Sept. 19, the company said. The affected…
Descrease article font size Increase article font size National Bank of Canada has cleared a key regulatory hurdle in its proposed acquisition of Canadian Western Bank. The Montreal-based bank said Thursday it has received the Competition Bureau’s clearance for the deal. The transaction still requires approval by the Office of the Superintendent of Financial Institutions…
Semaglutide, the key component in popular medications like Ozempic and Wegovy, may potentially help treat and prevent opioid overdoses, new research suggests. A U.S. peer-reviewed study published on Wednesday in the JAMA Network Open journal showed that semaglutide was associated with a reduced risk of opioid overdose in patients with Type 2 diabetes and opioid…
Descrease article font size Increase article font size The Canada Revenue Agency wants to hear from Canadian taxpayers on how it can improve its services and “do better.” CRA launched public consultations on Wednesday, calling on individuals, non-professional representatives, and tax intermediaries to give feedback on the agency’s programs and services. Canadians have until Dec….
