Business
Doctors ask Liberal government to reconsider capital gains tax change
By Nojoud Al Mallees, The Canadian Press on April 23rd, 2024
OTTAWA – The Canadian Medical Association is asking the federal government to reconsider its proposed changes to capital gains taxation, arguing it will affect doctors’ retirement savings. Kathleen Ross, the association’s president, says many doctors incorporate their medical practices and invest for retirement inside their corporations. The proposed changes would increase taxes on those investments, ... Read More »
Be the first to comment!‘Trying not to die’: Tourism operators face heavy debt, even as business roars back
By Christopher Reynolds, The Canadian Press on April 23rd, 2024
Maureen Gordon has weathered hard times before. She and her husband began running ecotourism outfit Maple Leaf Adventures out of Vancouver about a month before the 9/11 terrorist attacks devastated international travel in 2001. The rebound was relatively quick. Fallout from COVID-19 has proven much more prolonged. “The pandemic of course was incredibly tumultuous and ... Read More »
Be the first to comment!Quebec farmers have been protesting since December. Is anyone listening?
By Jacob Serebrin, The Canadian Press on April 23rd, 2024
SHERBROOKE, Que. – On Monday morning in Sherbrooke, Que., dozens of tractors slowly rolled along a stretch of road between the regional offices of Quebec’s farmers association and the Agriculture Department a few hundred meters away. Upset about high interest rates, growing paperwork and heavy regulatory burdens, protesting farmers have become a familiar sight across ... Read More »
Be the first to comment!Alberta introduces legislation to reduce high power bill fees for Calgarians
By Lisa Johnson, The Canadian Press on April 22nd, 2024
EDMONTON – The Alberta government is stepping in to stop Calgary residents from being forced to pay hefty surcharges on their power bills. Utilities Minister Nathan Neudorf introduced a bill Monday that, if passed, would ban cities from using variable rates to calculate local access fees on power bills starting in the new year. Local ... Read More »
Be the first to comment!Labour minister announces inquiry into costly 2023 port strike in B.C.
By The Canadian Press on April 22nd, 2024
GATINEAU, Que. – Federal Labour Minister Seamus O’Regan says he has appointed an Industrial Inquiry Commission to dig deeper into the underlying causes of B.C.’s port strike last summer. The federal government says in a statement the port strike was a single labour dispute that caused a major “economic disruption” as longshore workers walked picket ... Read More »
Be the first to comment!Alberta introduces legislation to reduce high power-bill fee surcharge for Calgarians
By The Canadian Press on April 22nd, 2024
EDMONTON – The Alberta government is stepping in to stop Calgary residents from being forced to pay hefty surcharges on their power bills. Utilities Minister Nathan Neudorf has introduced a bill that, if passed, would ban cities from using variable rates to calculate local access fees on power bills starting in the new year. Local ... Read More »
Be the first to comment!Jury: BNSF Railway contributed to 2 deaths in Montana town where asbestos sickened thousands
By Amy Beth Hanson And Matthew Brown, The Associated Press on April 22nd, 2024
HELENA, Mont. (AP) – A federal jury on Monday said Warren Buffett’s BNSF Railway contributed to the deaths of two people who were exposed to asbestos decades ago when tainted mining material was shipped through a Montana town where thousands have been sickened. The jury awarded $4 million each in compensatory damages to the estates ... Read More »
Be the first to comment!‘I don’t just want to wait’: Celine Dion talks return to stage with Vogue France
By David Friend, The Canadian Press on April 22nd, 2024
Celine Dion says it’s too soon to tell whether she’ll ever return to the stage again, but she’s not idly waiting to find out. The Quebec pop superstar appears in the May edition of Vogue France, offering fresh insight into how she’s managing a rare neurological disorder that unexpectedly sidelined her music career. She says ... Read More »
Be the first to comment!S&P/TSX composite recovers from early losses to close higher Monday
By The Canadian Press on April 22nd, 2024
TORONTO – Canada’s main stock index recovered from early losses to end higher Monday along with U.S. stock markets. The S&P/TSX composite index closed up 64.59 points at 21,871.96. In New York, the Dow Jones industrial average ended up 253.58 points at 38,239.98. The S&P 500 index was up 43.37 points at 5,010.60, while the ... Read More »
Be the first to comment!Inequality worsening as wealth gap widens to highest since 2015: TD Bank report
By The Canadian Press on April 22nd, 2024
TORONTO – The gap between the highest earners and lowest income groups last year was at its widest since 2015 as the wealthiest households saw income grow much faster than lower-income Canadians. Higher interest rates are pushing middle- and lower-income households to spend more conservatively, which means consumer spending by the top earners will play ... Read More »
Be the first to comment!First Nations on cusp of more self-sustaining project financing
By The Canadian Press on April 22nd, 2024
TORONTO – The chair of the First Nations Major Projects Coalition says Indigenous people are set to become true partners in big projects that will help lead to a future of self-sustaining financial independence. Speaking at the coalition’s annual conference Monday, chair Sharleen Gale, chief of the Fort Nelson First Nation, says to get there ... Read More »
Be the first to comment!
