54 h. ago Tax breaks, expanded dental care, more housing and faster major

An overview of what things are coming if Prime Minister Mark Carney keeps his campaign promises

Politics

5 d. ago Howard Lutnick Wins Tax Break on Big Stakes Hit by Markets’ Slump

Commerce Secretary Howard Lutnick is poised to secure what could be a large capital gains tax break. But to get it, he’ll have to lock in about $54 million in paper losses as the tariff policies he’s championed have hammered financial markets.

Economics

8 d. ago Even more people will be able to take advantage of Canada's dental care plan next month

More people will be able to apply to the Canadian Dental Care Plan (CDCP) next month.Introduced in 2023, the measure aims to help lower dental costs for those earning less than $90,000 annually.According to the government, the dental care plan will help up to nine million uninsured Canadians get the necessary care.Applications are currently open for the coverage period ending June 30 for eligible seniors aged 65 and over, children under 18 and adults with a valid federal Disability Tax Credit certificate for 2023.In May, the CDCP will expand to allow qualified Canadians ages 18 to 64 to apply for coverage.Canadians already covered by the CDCP will need to renew for the 2025-2026 period before June 1 to avoid a potential gap in coverage. To do so, they'll need to have filed their 2024 tax return and received the notice of assessment from the Canada Revenue Agency.Do you qualify for the Canadian Dental Care Plan?You must meet all four of the following requirements t...

Transport

2 w. ago PolicyMe Announces $30 Million CAD in Funding and Expanded Product Suite, Transforming Digital Insurance

PolicyMe has expanded from Life Insurance into a new Health & Dental offering and introduces an end-to-end white-labeled platform, advancing its mission to make insurance more effortless for Canadians. TORONTO — PolicyMe, Canada’s leading digital insurance provider, announced $30 million CAD in additional funding—secured through multiple tranches of equity and debt financing between 2023 and […]

Economics

2 w. ago Inflation cooled to 2.3% in March as gas prices fell, StatCan says

OTTAWA — Canadians got a break on inflation in March even without a tax holiday as Statistics Canada says the pace of price increases slowed last month.  The agency says the annual inflation rate was 2.3 per cent in the month, down from 2.6 per cent in February.  StatCan says a drop in the price […]

Economics

3 w. ago Trump meets with the House GOP as his ‘big’ bill of tax breaks and spending cuts teeters

WASHINGTON (AP) — House Speaker Mike Johnson found himself in a familiar jam on Tuesday: Conservative Republican holdouts are stalling action on President Donald Trump’s “big” bill of tax breaks and spending reductions, refusing to accept a Senate GOP budget framework approved over the weekend because it doesn’t cut enough. Trump summoned House Republicans to […]

Economics

3 w. ago Toronto affordable development will cost the City $1.5 million per resident

Originally constructed in the 1950s, the facility which currently houses Toronto's largest shelter for men, Seaton House, was never intended to serve as a long-term shelter, and has reached the end of its service life. As a result, the City is undertaking a massive $556 million initiative, dubbed The George Street Revitalization (GSR) project, to replace the existing men's shelter with a new, modern facility while simultaneously co-locating essential services, including a long-term care home, supportive housing, and a community service hub. Phase one of the revitalization project involves the redevelopment of 309-345 George Street into a 10-storey institutional building that contains 80 emergency shelter beds, 100 transitional shelter beds, 124 long-term care beds, 70 supportive housing units, and a 2,269 square metre community hub.According to a city staff report, the implementation of phase one will be within the approved Toronto Shelter and Support Servic...

Economics

4 w. ago Lorne Gunter: Smith needs to let Alberta's collective outrage set the autonomy agenda

According to calculations by Vancouver’s Fraser Institute, between 2007 and 2022 Alberta and Albertans sent $245 billion more to the federal government than the federal government sent back to this province in the form of pensions and social payments, unemployment benefits, research grants, health care contributions, affordable housing construction and so on. Some of that […]

Events