Skip to content

Economy, Law & Politics

Ottawa defers effective date of capital gains changes to 2026, promises exemptions

Ottawa defers effective date of capital gains changes to 2026, promises exemptions

The federal government says it is deferring the implementation of a hike to the capital gains inclusion rate to next year and plans to introduce new exemptions to ensure most middle-class Canadians do not pay more tax if the rate becomes official.
Carney vows to kill consumer carbon pricing, shift to green incentives

Carney vows to kill consumer carbon pricing, shift to green incentives

OTTAWA — Liberal leadership contender Mark Carney is backing away from Prime Minister Justin Trudeau's consumer carbon pricing regime but will keep industrial pricing in place.
The $1-trillion question: What Canadian goods will Trump tariff?

The $1-trillion question: What Canadian goods will Trump tariff?

Canadian Chamber of Commerce launches tracker to illustrate the value of U.S.-Canada trade
Foreign interference crackdown needed, say Chinese-Canadian groups in B.C.

Foreign interference crackdown needed, say Chinese-Canadian groups in B.C.

Critics charge final report is blind to key solutions: better regulation of foreign-controlled media and a foreign agent registry that extends into all facets of government
StatCan estimates GDP rebounded at year-end but uncertainties mount for economy

StatCan estimates GDP rebounded at year-end but uncertainties mount for economy

OTTAWA — The Canadian economy contracted in November, but preliminary estimates point to a rebound at the end of the year as the country faces an uncertain future with U.S.
Federal government posts $22.7-billion deficit from April-to-November period

Federal government posts $22.7-billion deficit from April-to-November period

OTTAWA — The Finance Department says the federal deficit was $22.7 billion between April and November. That compares with a $19.1 billion deficit over the same period last year. According to the monthly fiscal monitor, revenues were up $29.
Rob Shaw: B.C. mired in partisan politics as Trump tariffs loom

Rob Shaw: B.C. mired in partisan politics as Trump tariffs loom

While workers brace for impact, politicians turn trade turmoil into political theatre
Jaime Battiste drops out of running for Liberal leadership

Jaime Battiste drops out of running for Liberal leadership

OTTAWA — Nova Scotia Liberal MP Jaime Battiste says he is dropping out of the Liberal party leadership race and backing former central banker Mark Carney.
Health minister calls on NDP to give Liberals more time to sign pharmacare deals

Health minister calls on NDP to give Liberals more time to sign pharmacare deals

OTTAWA — Health Minister Mark Holland is calling on the federal NDP to give the Liberal government more time in power to sign bilateral deals on pharmacare. "I would put it back to (NDP Leader) Jagmeet Singh ...
NDP leader doubles down on pledge to force a spring election

NDP leader doubles down on pledge to force a spring election

OTTAWA — NDP Leader Jagmeet Singh vowed Thursday to force a spring election at the end of March, when Parliament is scheduled to return.