4 h. ago JAY GOLDBERG: Carney convinced enough people he’s different – but can it last?

Since day one, Prime Minister Mark Carney has tried to convince Canadians that he’s not former prime minister Justin Trudeau. And until now, he has succeeded.  Early on, Carney took decisive action to try to clearly distance himself from the Trudeau legacy. He signed an Order in Council to set the consumer carbon tax rate to zero. […]

Transport

6 h. ago Taxpayer wasn’t fast enough to avoid penalty for TFSA overcontribution

Jamie Golombek: Though taxpayer tried to fix accidental excess contribution, she still owed CRA $2,272, tax court found

Economics

6 h. ago GOP Eyes Pharma Tax Hike, Nixing Drug Price Deal for Trump Bill

House Republicans are considering nixing a Medicaid drug pricing plan floated by President Donald Trump and fiercely opposed by the pharmaceutical industry as the party pushes to strike a massive tax and spending deal in the coming days.

Economics

8 h. ago Winnipeg duo handed 20 total charges after firearms found in taxi

A search of one of the passengers, a 21-year-old woman, led to the seizure of a BB gun, while a further search of the vehicle turned up a loaded, sawed-off .22 calibre rifle.

Events

8 h. ago US House Committees to Begin Debate on Trump Tax Cuts on Tuesday

The legislative push for President Donald Trump’s massive tax package will begin in earnest next week as key House committees consider the legislation despite lingering divisions among Republicans.

Economics

8 h. ago Action collective: Apple accusée de trop taxer les Québécois qui échangent leur vieux iPhone

Apple aurait trompé ses clients et un Québécois entend bien se battre pour ne pas laisser passer ça.

Technology

10 h. ago EU publishes a U.S. product hit list and prepares for WTO action against Trump’s tariffs

BRUSSELS — The European Union published on Thursday a list of U.S. imports that it would target with retaliatory duties if no solution is found to end U.S. President Donald Trump’s tariff war, which could include aircraft maker Boeing. At the same time, the EU’s executive branch, the European Commission, said that it would begin […]

Economics

11 h. ago Lululemon founder Chip Wilson the wrong target for those wanting extra taxes on mansions

Douglas Todd: Since Wilson pays a great deal of Canadian income taxes, he's not the best example of why mansion owners should pay a property surtax. Find out who owns the rest of B.C.'s 10 most expensive properties

Economics

11 h. ago Major battery brands ordered to pay Ontario millions in new ruling

Energizer, Duracell and Panasonic have been ordered to pay a total of nearly $3 million for missing recycling targets in Ontario.As reported by The Toronto Star, the province's Resource Productivity and Recovery Authority (RPRA) has slapped fines on the leading battery manufacturers. Energizer and Duracell will each have to pay $1 million, while Panasonic must fork over $781,725.Speaking to The Star, the RPRA explained that the three companies recycled only 19 per cent of the single-use batteries they sold in Ontario in 2023 — well below the 40 per cent target. The authority added that the companies were "insufficiently responsive to our previous efforts to encourage their compliance with Ontario's recycling laws."However, the non-profit organization Call2Recycle Canada called the ruling "punitive and unwarranted" and noted that the companies are planning an appeal. They'll have two weeks to do so.Speaking to the outlet&...

Politics

12 h. ago GOP centrists revolt against steep cuts to Medicaid and other programs in Trump’s tax breaks bill

WASHINGTON (AP) — When it comes to Medicaid, Rep. Juan Ciscomani is telling fellow Republicans he won’t support steep cuts that could hit thousands of residents in his Arizona district — “my neighbors, people my kids go to school with” — who depend on it. Republican Rep. Don Bacon, who represents the liberal-leaning “blue dot” […]

Economics

14 h. ago Were Raptors wrong to trade Siakam, Anunoby, with both now thriving?

The former key Raptors are each major contributors to successful playoff teams.

Economics

32 h. ago New rules on tipping, price labelling take effect across Quebec

MONTREAL — New rules on tipping and on price displays at grocery retailers are in effect as of today across Quebec. Tips must now be calculated on the price before taxes, and tipping options must be “neutral and uniform,” so that a merchant can’t suggest a percentage that a client should give. Also, grocery retailers […]

Economics

34 h. ago Ontario residents about to get May 2025 payouts from the government

Monthly Ontario Trillium Benefit (OTB) payments are going out to Ontario residents this week, and you might want to keep an eye on your bank account.Many Ontarians will see an OTB deposit in their accounts on Friday, May 9.This benefit is usually paid out on the 10th of each month unless there's a bank holiday or weekend, in which case, payments are issued on the last working day before the 10th.Ontario Trillium Benefit: Are you eligible?The OTB is a tax-free blend of three payments: the Ontario Energy and Property Tax Credit, the Northern Ontario Energy Credit, and the Ontario Sales Tax Credit.To receive it, you should be eligible for at least one of the above credits.For the Ontario Energy and Property Tax Credit, you could get a maximum of $1,248 if you are between 18 and 64 years old, $1,421 if you are 65 or older, $277 if you live on a reserve or in a public long-term care home, and $25 for the time you lived in a designated college, university, or priva...

Politics

48 h. ago Tiny condos in Toronto, ‘the nexus of all that’s gone wrong:’ Mortgage broker

Toronto’s glut of condos is being fuelled by sagging sales and people walking away from their purchases,  according to Ron Butler, principal broker at Butler Mortgage. “We’re at one year’s inventory — that’s listings,” said Butler. “How many months would it take to sell the condos.” “And now we’re at 12 months and it’s going […]

Events

51 h. ago Potential for a busy fire season in southern Alberta, says wildfire expert

'The forecast can be wrong, but right now it's supposed to be a hot, dry summer, especially in the south of Alberta' — and a hot, dry summer generally means more fire

Events

53 h. ago International airline hiring in Toronto will pay your rent but there's a catch

If you're looking to land a new job, lower your living costs and embark on a new adventure, an international airline currently in the midst of a hiring spree across Canada may just be your dream employer.Securing any sort of gig in Toronto is especially competitive right now, with the entire province's unemployment having climbed to a worrying high and slated to rise still — all while residents are feeling the crunch of exorbitant (and rising) prices for nearly everything.With this in mind, the unique work perks offered by Emirates, which is regularly rated as one of the world's top carriers, may be of particular interest to local candidates interested in taking their career to the skies.On top of the discounted travel, health insurance and other benefits that the standard airline extends to its staff, Emirates offers a tax-free salary by virtue of the brand being based in the UAE, an i...

Society

54 h. ago HORIE: Ontario needs policy that matches its housing ambition

Ontario’s housing system is no longer just strained – it’s stalled. Uncertainty in the development process and a lack of consistency in policy are major barriers that need to be addressed to get homes built. With an ambitious target set by Ontario of building 1.5 million homes by 2031, this benchmark reflects the urgency of […]

Events

54 h. ago Alberta Premier’s chief of staff defends business class flight from Trump visit

EDMONTON — The chief of staff to Alberta Premier Danielle Smith is defending a business class flight he charged to taxpayers, citing a health condition that increases his risk of blood clots. The flight in question was a return flight he took from Fort Lauderdale, Fla., to Calgary earlier this year when he accompanied Smith […]

Economics

56 h. ago US House Is Likely to Kill EV Tax Credit, Speaker Johnson Says

Republicans in the US House are more likely than not to kill a consumer tax credit for electric vehicles, according to Speaker Mike Johnson.

Economics

59 h. ago GameStop Canada is out and a classic video game store brand is returning

EB Games is getting an extra life in Canada.Electronics Boutique Canada, better known as "GameStop Canada," has been acquired by the prominent French-Canadian entrepreneur Stephan Tetrault, the co-owner of McFarlane Toys. Specific terms of the acquisition, including financials, weren't revealed.As part of the deal, Tetrault is reviving the EB Games name, which was a staple in Canada for many years before it was rebranded as "GameStop Canada" in 2021.In a press statement, Tetrault said the name change is "about bringing something back that Canadians truly loved," promising to "build something special here, with community, nostalgia, and innovation at its heart."During this transition, EB Games Canada says day-to-day business "will continue as normal," while "all products and services offered to our customers will remain unchanged." This means that previously purchased pre-orders, gift cards, protection plans and Edg...

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