Business
Trump tax audits required by law were delayed, panel says
By Josh Boak, Brian Slodysko, Lisa Mascaro And Meg Kinnard, The Associated Press on December 20th, 2022
WASHINGTON (AP) – A report issued Tuesday by the Democratic-controlled House Ways and Means Committee found that required IRS audits of Donald Trump were delayed, and committee members voted along party lines to also release tax filings of the former president who broke political norms by refusing to release the information on his own. The ... Read More »
1 responseTrump taxes: House panel to make long-sought returns public
By Josh Boak, Brian Slodysko, Lisa Mascaro And Meg Kinnard, The Associated Press on December 20th, 2022
WASHINGTON (AP) – The Democratic-controlled House Ways and Means Committee voted along party lines on Tuesday to make parts of Donald Trump’s tax returns public, a move that could provide new insight into the finances of a former president who broke political norms by refusing to release the information on his own. The level of ... Read More »
1 responseTrump taxes: House panel to release report on returns
By Josh Boak, Meg Kinnard And Brian Slodysko, The Associated Press on December 20th, 2022
WASHINGTON (AP) – The Democratic-controlled House Ways and Means Committee voted along party lines Tuesday to publicly release a report on Donald Trump’s tax returns, which the former president has long tried to shield. Committee Chairman Richard Neal, D-Mass., said supporting materials will be released along with the report. Texas Rep. Kevin Brady, the committee’s ... Read More »
1 responseBlackBerry reports net loss of US$4 million in Q3 2023
By The Canadian Press on December 20th, 2022
WATERLOO, ONTARIO – BlackBerry Ltd. reported a net loss of US$4 million in the quarter ended Nov. 30, down from its US$74 million gain in the same quarter last year. That amounts to a loss of nine cents per diluted share, compared to a five-cent diluted loss last year. The Waterloo, Ont.-based company reported total ... Read More »
1 responseS&P/TSX composite closes up more than 100 points, U.S. markets flat
By The Canadian Press on December 20th, 2022
TORONTO – Gains in the energy and financial sectors helped Canada’s main stock index gain more than 100 points, while U.S. stock markets were more subdued but ended the day in the green. The S&P/TSX composite index was up 106.13 points at 19,306.89. In New York, the Dow Jones industrial average was up 92.20 points ... Read More »
Be the first to comment!Stocks rise, bond yields jump after Japan surprises markets
By Stan Choe, Damian J. Troise And Alex Veiga, The Associated Press on December 20th, 2022
NEW YORK (AP) – Stocks closed modestly higher on Wall Street, while bond markets around the world felt pain after a surprise move from Japan’s central bank cranked the pressure even higher on the already slowing global economy. The S&P 500 closed 0.1% higher Tuesday after flipping between small losses and gains in the morning. ... Read More »
Be the first to comment!Nova Scotia’s robust economy and growing population help boost government revenue
By Michael MacDonald, The Canadian Press on December 20th, 2022
HALIFAX – For the second time in three months, Nova Scotia’s finance minister has reported $1.3 billion in additional provincial revenue, thanks mainly to a surging economy. Allan MacMaster revealed the latest find Tuesday, as he released details of a favourable budget update for the fiscal year ending March 31, 2023. “I will say that ... Read More »
1 responseOttawa police chief vows there won’t be a repeat of last winter’s ‘Freedom Convoy’
By The Canadian Press on December 20th, 2022
Ottawa’s chief of police says the force is making preparations to handle a potential return of the “Freedom Convoy” next February. Eric Stubbs sent a letter to the mayor and the chair of the Ottawa Police Services Board on Monday, saying the police liaison team is talking with the protest organizers. James Bauder, the co-founder ... Read More »
1 responseRetail spending in Canada shows signs of slowdown amid higher inflation, interest
By Brett Bundale, The Canadian Press on December 20th, 2022
Retail spending in Canada showed early signs of a slowdown just as the holiday shopping season ramped up this fall, according to new figures from Statistics Canada released Tuesday. Preliminary numbers for November suggest a pullback in retail sales, the federal agency said. The reading came as higher prices for basics like gas and food ... Read More »
1 responseManitoba deficit set to shrink as economy and Crown energy utility rebound
By The Canadian Press on December 20th, 2022
WINNIPEG – The Manitoba government is, for the second time in three months, shrinking the size of its projected deficit. Finance Minister Cameron Friesen says the province is now expecting a deficit of $193 million for the fiscal year that ends in March. That’s down from the $548 million predicted in last spring’s budget and ... Read More »
1 responseIamgold sells exploration and development projects in Africa for US$282 million
By The Canadian Press on December 20th, 2022
TORONTO – Shares of Iamgold Corp. soared more than 20 per cent after it signed deals to sell the company’s interests in exploration and development projects in Senegal, Mali and Guinea to Managem for US$282 million. Iamgold shares were up 59 cents or nearly 24 cents at C$3.09 on the Toronto Stock Exchange. Maryse Bélanger, ... Read More »
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