Tuesday, May 28, 2024
OTTAWA — The Liberal government will bring its proposal to increase the inclusion rate on capital gains to the House of Commons before the parliamentary summer break, Finance Minister Chrystia Freeland said Tuesday. "In the coming weeks, and certainly before...
OTTAWA — Bank of Canada governor Tiff Macklem said he doesn't think the federal budget tabled last month will have much of an effect on inflation. Macklem was testifying at a Senate committee alongside senior deputy governor Carolyn Rogers on...
OTTAWA — Finance Minister Chrystia Freeland intends to ask Parliament to approve proposed changes to capital gains taxation in a stand-alone bill — a move that will force the federal Conservatives to take a specific position on the measure. The...
OTTAWA — Members of the Bank of Canada's governing council were split on how long the central bank should wait before it starts cutting interest rates when they met earlier this month. The central bank released its summary of deliberations...
By Divya Rajagopal TORONTO (Reuters) - Canada's capital gains tax hike for wealthy individuals and corporations in last week's federal budget risks turning away investments from mineral exploration by reducing incentives, the country's leading stock exchange operator and dealmakers told...
OTTAWA — Dennis Mathu and Stephanie Gordon first started posting financial-advice videos on YouTube three years ago — a side hustle that helped to scratch a creative itch. They never imagined it would lead them down some of the most...
The prime minister and cabinet ministers have spent the last few weeks touring the country to preview some of the key elements of the budget that Finance Minister Chrystia Freeland will unveil in full on Tuesday, April 16. Prime Minister Justin...
A new Maru poll says 66% of Canadians believe the state of the economy is on the wrong track, up 64% from last month versus the one-third who think it is moving in the right direction. Maru says most Canadians...
OTTAWA — The Bank of Canada is keeping the door open to an interest rate cut in June even as it emphasized that it won't be rushed into it if inflation shoots back up. "Yes, it's within the realm of...
The Canadian dollar strengthened against the greenback on Tuesday, and the yield on benchmark government debt slipped. The loonie was trading 0% higher at C$1.3563 to the greenback, or 73.73 U.S. cents, after trading in a range of 1.3561 to...
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