1 hour ago Toronto Maple Leafs' Tanev does homework for finance degree between games

When the Toronto Maple Leafs are on the road, many players often turn to video games or checking out the local sights and sounds to pass their time away from the rink.But for 35-year-old defenceman Chris Tanev, the team's second-oldest regular player, he's opted for a bit of a different route to keep his brain occupied."He's one of a kind, he [likes to keep to] himself. He does schoolwork still on the road a lot," Leafs forward Mitch Marner told reporters in Florida over this past weekend. "Anything he starts, he wants to finish."Tanev later revealed that he's been working on finishing his finance degree for nearly half a decade while still playing in the NHL."Of course, Mitch [spilled the beans]," Tanev said with a laugh and his signature gap-toothed smile.Tanev spent one year in university before the Vancouver Canucks came knocking and signed him as an undrafted free agent. Well, 867 NHL games and 15 seasons later in a career that also...

Other

3 h. ago City council asks for report on selling rights to name Edmonton facilities

“New sources of revenue are required to limit fee increases for facility patrons and residents, and the potential need for additional tax levy investments."

Economics

4 h. ago Alberta freezes industrial carbon tax, setting up possible clash with new PM Carney

Alberta will keep the tax at $95 per metric ton for an indefinite time, officials said Monday. It had been scheduled to rise to $110 per metric ton next year and to $170 by 2030

Economics

4 h. ago SALT, Tips and Auto Loans: A Guide to the House GOP Tax Bill

House Republicans’ release of the tax provisions in their massive fiscal bill provides a crucial initial reading of what party leaders think could pass, culminating weeks of intense negotiations among fractious GOP lawmakers.

Economics

4 h. ago Magnetic North Acquisition Corp. Announces Issuance of Management Cease Trade Order by ASC

CALGARY, Alberta and TORONTO, May 12, 2025 (GLOBE NEWSWIRE) — Magnetic North Acquisition Corp. (TSXV: MNC; MNC.PR.A) (“Magnetic North” or the “Company”) announces that its principal regulator, the Alberta Securities Commission (the “ASC”), has accepted the Company’s request for, and the ASC has granted, a management cease trade order (the “MCTO”). As previously announced on […]

Economics

4 h. ago GOP to Phase Out Biden Clean Energy Credits to Pay for Tax Cuts

House Republicans are proposing to eliminate a tax credit for electric vehicles and phase out incentives for the production of clean energy to help pay for President Donald Trump’s massive tax package.

Economics

4 h. ago GOP Tax Bill Prioritizes Trump Campaign Pledges, Increases SALT

President Donald Trump’s campaign tax pledges — no taxes on tips and overtime pay, plus new tax breaks for car buyers and seniors — are the centerpiece of a multitrillion dollar package that will serve as Republicans’ signature legislative effort.

Economics

5 h. ago House Republicans target clean energy tax credits and pollution rules in budget proposal

WASHINGTON (AP) — Budget proposals by House Republicans would cut billions of dollars in funding for Biden-era climate and environmental programs, including clean energy tax credits, as lawmakers seek to reverse what one GOP leader called “the most reckless parts of the engorged climate spending” approved under former President Joe Biden. Environmental groups warned the […]

Economics

6 h. ago Alberta Freezes Industrial Carbon Tax to Help Firms as Tariffs Hurt Economy

Alberta is freezing its industrial carbon tax in a bid to help companies struggling with the effects of US tariffs, potentially setting up a challenge to the government of Prime Minister Mark Carney.

Economics

6 h. ago State AI Regulation Ban Tucked Into Republican Tax, Fiscal Bill

A powerful House committee has tucked language preventing states from regulating artificial intelligence into President Donald Trump’s massive tax and spending bill, a move that would benefit many of the US’s largest tech and AI companies.

Economics

6 h. ago Toronto real estate giant's valuation loss over $200M in Hudson's Bay joint venture

RioCan Real Estate Investment Trust (REIT) has reported a quarterly loss and revised its annual earnings forecast downward due to the financial strain caused by its significant exposure to the dissolution of the Hudson's Bay Company (HBC), which recently sought creditor protection.In its first-quarter fiscal report for 2025, RioCan reported total valuation losses of $208.8 million in its property-based joint venture (JV) with Hudson's Bay, stemming from HBC's filing under the Companies' Creditors Arrangement Act (CCAA) earlier this year — an action the REIT formally opposed in a court motion."In Q1 2025, we took a write-down of our investment in the JV to reflect the current re-leasing assumptions. While we understand the uncertainty surrounding this situation has created some apprehension, we believe the market's reaction to RioCan is disproportionate in relation to our exposure to HBC and our ability to preserve at least some of the va...

Economics

8 h. ago Varcoe: Alberta to freeze industrial carbon price at $95 a tonne

The federal consumer carbon tax is dead and buried, but the Alberta government is now setting its sights on freezing the price on the industrial carbon price in the province. The UCP government will announce Monday that it won’t increase the carbon price on heavy emitters to $110 a tonne next year under its Alberta […]

Economics

8 h. ago New Yorkers Want Quadruple the $30,000 SALT Cap in Tax Draft

The House tax committee’s draft bill to renew President Donald Trump’s tax cuts calls for increasing the state and local tax deduction to $30,000 for couples, but limits the write-off to households earning $400,000 or less, according to a person familiar with the matter.

Economics

10 h. ago Expanded Canadian Dental Care Plan applications are opening soon

The Canadian Dental Care Plan (CDCP) will accept more applications starting this week.Implemented in 2023, the program aims to decrease dental costs for Canadians earning less than $90,000 annually.The federal government says the dental plan will help up to nine million uninsured people get the care they need.Applications will open for eligible Canadians ages 18 to 34 on Thursday, May 15. The CDCP will expand eligibility even further later this month, on the 29th, for those aged 35 to 54."The Government of Canada will send letters to Canadian residents aged 18 to 64 who may be eligible to the Canadian Dental Care Plan (CDCP), based on their 2024 adjusted family net income, inviting them to apply," reads a government notice."If you (and your spouse or common-law partner, if applicable) have filed your 2024 tax returns and received your notice of assessment from the Canada Revenue Agency, you can apply once applications open up for your age group, even if you ...

Transport

11 h. ago Here's where you can watch fireworks for Victoria Day 2025 in Toronto

One of the most anticipated Victoria Day events in Toronto is the annual fireworks at Ashbridges Bay Park. This year, on Monday, May 19, the city is set to continue its tradition of lighting up the skies in the east end with an awe-inspiring display of fireworks.According to official city sources, the fireworks will start at 10 p.m. and run for approximately 14 minutes.The park is TTC accessible, available via the 92 Southbound from Woodbine Station or the 501 Queen Streetcar. But savvy fireworks regulars will know that these routes are usually packed, and a good way to skip the crowd is the 22 Southbound from Coxwell Station.Parking is available, with two Green P lots at Woodbine Beach and Ashbridges Bay. However, given the fireworks display's popularity, we recommend taking public transit.Where to watch the fireworks in TorontoIf you're worried about crowds around Ashbridges Bay Park, there are a few key vantage points from...

Events

11 h. ago GOP Starts Crucial Week With Key Tax, Spending Issues Unanswered

House Republicans are struggling to resolve key issues with President Donald Trump’s multi-trillion dollar tax package after weekend talks, including a change in the deduction cap for state and local taxes and a potential hike in the rate for high earners.

Economics

12 h. ago Thunderbird Entertainment Group Reports Fiscal 2025 Q3 Results

Revenue Up 29%, AEBITDA Climbs 79%, $2.2M in Net Income, as Company Reaffirms 2025 Guidance and Showcases Creative Wins, Including Emmy Award Conference call and webcast Tuesday, May 13, at 11 a.m. PT/ 2 p.m. ET VANCOUVER, British Columbia — Thunderbird Entertainment Group Inc. (TSXV: TBRD, OTCQX: THBRF) (“Thunderbird” or the “Company”) today announced its […]

Other

13 h. ago Flush with cash, London city council will debate whether to offer homeowners a  break on sky

Flush with cash, London city council is set to debate whether to offer homeowners a break on sky-high property tax increases approved throughout this term or spend it supporting social and cultural programs. City hall has posted a nearly $60-million budget surplus this year and some politicians want to use roughly $17 million of the […]

Other

14 h. ago Ontario hospitals spent $9B on agency staff over 10 years, study finds

Agencies charge double or even triple the regular hourly rate for their staff

Economics

15 h. ago Organigram Reports Record Second Quarter Fiscal 2025 Results

Record gross revenue of $102.8 million and record net revenue of $65.6 million Adjusted EBITDA1 of $4.9 million Net income of $42.5 million Increase in anticipated Motif cost synergies to $15 million from $10 million Total cash position of $83.4 million2 and negligible debt TORONTO — Organigram Global Inc. (NASDAQ: OGI) (TSX: OGI), (the “Company” […]

Sport