10 h. ago Edmonton group pushes growth, claims suburbs generate more taxes than costs

On Tuesday, BILD Edmonton Metro and industry leaders released their Urban Growth Case Study. The report examined two of Edmonton’s fastest-growing areas.

Economics

35 h. ago Opinion: We’re not just outsourcing ships. We’re outsourcing opportunity

Opinion: Handing B.C. Ferries contract to China may save money in the short term. But long term, it’s going to cost us much more in lost wages, lost taxes, lost skills training and lost community benefits

Other

1 week ago Canadians now have to fork over new tax to visit popular sunny getaway

Travelling from Canada to Mexico? If you're headed to the state of Baja California Sur, you'll now have to pay a mandatory tax.It's going to cost you a little more to travel to the popular Mexican state that's known for its nightlife, marine life, and luxury resorts, after the government of Baja California Sur announced that the Embrace It Tax is now in effect.That means all foreign visitors, including travellers from Canada, planning to visit the state in the northwest of Mexico will now be required to pay the tax before entry.What is the Embrace It Tax?According to the Ministry of Tourism and Economy, Baja welcomed 1.9 million travellers between January and May 2025, a 3.2 per cent increase from the previous year. It appears that the government is taking steps to mitigate the impact of tourism through the Embrace It Tax.That means that if you're staying in Baja for over 24 hours, you'll have to pay the new tax. According to a release from the local governme...

Economics

1 week ago Trump’s tariffs could cost some American employers US$82.3B: analysis

The analysis by the JPMorganChase Institute is among the first to measure direct costs created by import taxes on businesses with US$10 million to US$1 billion in annual revenue.

Economics

3 w. ago Here's another big sign Toronto's housing market is in turmoil right now

Toronto's real estate market is stuck between a very large rock and a very hard place as the city faces the unique dilemma of having more than 30,000 homes up for sale that few can realistically afford, but that owners can't let go of for less than the prohibitive prices the city accepted as the norm for so many years, and that they themselves paid.The data points have been trending in an unsettling direction for local realtors, property owners and developers, the latter of whom are now stalling projects in response to a profound sales slump during a time when building costs (including municipal levies and other taxes) are ever-more exorbitant.Along with a sharp decline in the number of homes switching hands and a consequent drop in construction activity, there has also been an uptick in power of sale listings as more people default on their mortgages, and far more properties selli...

Other

3 w. ago Fixing problems with Phoenix payroll system cost taxpayers $5.1B: Official

OTTAWA — A top federal official said fixing the payroll problems caused by Phoenix cost taxpayers more than $5 billion — and they’ll keep paying extra to run two public service payroll platforms at once as Ottawa weans itself off the problem-plagued system. Alex Benay, associate deputy minister at Public Services and Procurement Canada, said […]

Economics

4 w. ago Ford election trip to Washington, D.C., cost taxpayers over $100K, docs show

Ontario Premier Doug Ford faced criticism in February after the PC Party appeared to disregard the government's caretaker convention with trips to the U.S. capital.

Economics