Business
Taxing corporate share buybacks unlikely to boost investment in operations: experts
By The Canadian Press on November 8th, 2022
OTTAWA – Experts say the federal government’s proposed corporate share buyback tax is unlikely to encourage companies to spend more on growing their operations. In last week’s mid-year budget update, the Liberals committed to imposing a two per cent tax on stock buybacks that would go into effect in 2024. Finance Minister Chrystia Freeland says ... Read More »
1 responseMcKenna-led UN group calls for regulation, end to greenwashing in net-zero pledges
By The Canadian Press on November 8th, 2022
Former environment minister Catherine McKenna is calling out weak net-zero commitments and the need for governments to regulate climate pledges in her role as head of a United Nations climate group. Speaking at the latest UN climate talks happing in Egypt, McKenna says corporate climate promises need to be held up to high standards because ... Read More »
1 responseEU’s Call of Duty: Probe Microsoft-Activision Blizzard deal
By Matt O'brien And Raf Casert, The Associated Press on November 8th, 2022
BRUSSELS (AP) – The European Union has launched an investigation into Microsoft’s planned takeover of video game giant Activision Blizzard, fearing the $69 billion deal would distort fair competition to popular titles like Call of Duty. Microsoft, maker of the Xbox gaming system, first announced the agreement to buy the California-based game publisher in January, ... Read More »
1 responseEnergy Transition Centre opens its door in downtown Calgary
By The Canadian Press on November 8th, 2022
A new Energy Transition Centre has opened its doors in downtown Calgary today. The centre is a partnership between the University of Calgary, Innovate Calgary and Avatar Innovations, a local company that works with the oil and gas sector on innovation and technology. The Energy Transition Centre is meant to support the research and development ... Read More »
1 responseEU investigates Microsoft’s deal to buy Activision Blizzard
By Matt O'brien And Raf Casert, The Associated Press on November 8th, 2022
BRUSSELS (AP) – The European Union has launched an investigation into Microsoft’s planned takeover of video game giant Activision Blizzard, fearing the $69 billion deal would distort fair competition in the market. Microsoft, maker of the Xbox gaming system, first announced the agreement to buy the California-based game publisher in January, but it still awaits ... Read More »
Be the first to comment!S&P/TSX composite up nearly 200 points in late-morning trading, U.S. stocks also up
By The Canadian Press on November 8th, 2022
TORONTO – Strength in the base metals sector helped lead Canada’s main stock index higher in late-morning trading, while U.S. stock markets also pushed higher. The S&P/TSX composite index was up 193.24 points at 19,739.15. In New York, the Dow Jones industrial average was up 415.31 points at 33,242.31. The S&P 500 index was up ... Read More »
Be the first to comment!Business Beat: What’s old, is new again
By medicinehatnews on October 14th, 2020
Infill development. It’s an idea and practice that cities across North America are embracing, and with good reason. Infrastructure such as roads, water mains, and sewer lines are costly for municipalities when developing new sub-divisions. Infill improvement allows developers to capitalize on existing infrastructure through increased densification that can increase a city’s property tax base. ... Read More »
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