Justin Trudeau’s decision to step down and prorogue Parliament will keep his government from implementing its proposed changes to capital gains for now, but Canadians might not be off the hook with tax collectors just yet. The changes would raise the portion of capital gains on which companies pay tax to two-thirds from one-half. The…
A judge has granted the continuation of an injunction to the owner and developer of a St. Norbert forest, forbidding the defendants from trespassing on the property. Justice Sarah Inness made her decision Monday, but did not grant the plaintiff’s request to extend the injunction to a strip of city-owned land the developer used to…
Descrease article font size Increase article font size Canada will set up its first preclearance operation in the United States this year as part its plan to boost border security amid growing pressure from the incoming U.S. president-elect Donald Trump. The Canada Border Services Agency (CBSA) announced Thursday that a two-year operation will be launched…
As Canadians ring in the new year with cost of living top of mind, many would likely want to get ahead on their finances for 2025. There are several changes coming into effect as early as Jan. 1 that could affect people’s pocketbooks and how they file tax returns. The official 2025 tax season kicks off…
Chinese hackers remotely accessed several U.S. Treasury Department workstations and unclassified documents after compromising a third-party software service provider, the agency said Monday. The department did not provide details on how many workstations had been accessed or what sort of documents the hackers may have obtained, but it said in a letter to lawmakers revealing…
The head of the North American Aerospace Defence Command says Chinese and Russian air co-operation in the Arctic has Norad’s “full attention.” Those two countries for the first time staged a joint patrol in the Arctic near the coast of Alaska last July. U.S. Gen. Gregory Guillot told The Canadian Press in a year interview…
Canadians preparing to head to the polls in the new year are likely to be voting with their wallets. Cost-of-living issues continue to dominate the list of priorities for Canadians, according to the findings of new Ipsos polling conducted exclusively for Global News. The results of the poll, published Friday, found that one in four…
Steps to make Canadian sports safer were made in 2024, but to what end? A national commission began cross-country public consultations, an online registry of people sanctioned or under investigation for maltreatment in sport went live and a seismic shift in handling future complaints was announced. Canada was said to be a long way from…
Donald Trump suggested Sunday that his new administration could try to regain control of the Panama Canal that the United States “foolishly” ceded to its Central American ally, contending that shippers are charged “ridiculous” fees to pass through the vital transportation channel linking the Atlantic and Pacific Oceans. Panama’s conservative president José Raúl Mulino, who…
The Liberal government’s fall economic statement arrived in a cloud of controversy Monday after Chrystia Freeland’s abrupt resignation as the minister of finance. The fall fiscal update will largely see the federal government look inward for growth opportunities as the spectre of United States president-elect Donald Trump’s protectionist policies loom large over the Canadian economy….
