13 h. ago For final budget of term, Vancouver's ruling party directs city staff to find 'efficiencies'

ABC Vancouver tells city staff to sharpen their pencils and find ways to cut a proposed seven per cent tax increase in 2026

Sport

24 h. ago Canadian families with kids will get money from the government this week

The final Canada Child Benefit payments are scheduled to be deposited into bank accounts this Friday, ahead of an increase in July.Eligible families can expect to receive Canada Child Benefit (CCB) payments on June 20. This month's payment will be the last one before the scheduled increase in July, which marks the beginning of the new benefit year.The last time the federal government increased the child tax benefit was in July 2024 when payments went up by 4.7 per cent. As a result of the increase, the maximum payment for children under six increased by $350, from $7,437 to $7,787. For children aged six to 17, payments increased by $295, from $6,275 to $6,570.To help parents with the rising cost of living, Ottawa has been using a process called indexation to increase the benefit amounts since 2018.An Employment and Social Development Canada (ESDC) spokesperson explained that, due to the indexation process, tax child benefit payments, as well as income thresholds, increase every ...

Politics

8 d. ago Illicit Cigarettes in European Union at Highest Level Since 2015, KPMG Study Shows

Smokers in the European Union (EU) consumed 38.9 billion illicit cigarettes in 2024, a 10.8% increase versus 2023, with serious repercussions for tax revenues, crime rates, and public health. France, the largest illicit market in Europe, reached 18.7 billion illicit cigarettes consumed last year, 37.6% of total consumption. Adding 10.2 ppt year-on-year, the Netherlands saw […]

Economics

9 d. ago Johnson Urges Senate to Minimize Changes to $40,000 SALT Deal

House Speaker Mike Johnson said he’s pressuring Senate Republicans to refrain from changing a deal to increase the state and local tax deduction cap to $40,000, pushing back on President Donald Trump’s willingness to scale back the write-off.

Politics

1 week ago Jack Mintz: Canmore’s new ‘livability tax’ will make house prices even harder to live with

As has been shown in Vancouver, vacancy taxes don't increase housing supply or affordability

Economics

2 w. ago Council rejects 'formality' motion to reaffirm next year's property tax increase

Gondek said despite the failed vote, nothing changes in terms of council's previous direction to administration

Economics

2 w. ago Council rejects motion to reaffirm next year's property tax increase

Gondek said despite the failed vote, which Sharp called a 'formality,' nothing changes in terms of council's previous direction to administration

Economics

4 w. ago Trump Tax Bill Threatened by Ultraconservatives After SALT Deal

Conservative hardliners threatened to block President Donald Trump’s massive tax and spending package just as an agreement to increase the state and local tax deduction removed a key obstacle.

Economics