CRA to continue with capital tax changes despite prorogation: finance department
The federal government says the Canada Revenue Agency will continue to administer the capital gains tax changes proposed in the budget last year, even though
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Canada & World
Canadian and international business news relevant to local business leaders here in Ottawa. Includes stories related to inflation, interest rates, employment, major government announcements and more.
Canada Post returns to full service for domestic parcels; letters still delayed
Canada Post says it has reinstated on-time service guarantees and returned to full service levels for domestic parcels after a strike brought deliveries to a
Business groups call for unity as Trudeau announcement creates uncertainty
Prime Minister Justin Trudeau’s plan to step down has business experts warning about the heightened uncertainty it has created and the need for a unified
Housing market poised for 2025 comeback as lower rates unleash pent-up demand
As the calendar flipped one year ago, Canadian real estate watchers were optimistic a sluggish 2023 would give way to a rebound, with hopes of renewed demand as soon as the
‘Definitely busier’: Retailers, restaurants see spending boost amid tax holiday
Almost a week into the GST holiday, retailers and restaurant owners appear on track for a sales boost despite some of the struggles they faced
Canada’s inflation rate down a tick to 1.9% in November
Inflation edged down slightly to 1.9 per cent in November as price growth continued to stabilize in Canada. Statistics Canada’s consumer price index report Tuesday
Canada Post may be in even worse shape after the strike — unless it pivots
Last week, Justin Trudeau said out loud what many were wondering as the postal strike dragged into its fourth week. “It is endangering the long-term
Canadian business leaders say Freeland’s resignation adds uncertainty to trade talks
Some business leaders worry the resignation of Finance Minister Chrystia Freeland from the federal cabinet leaves Canada without a “quarterback” at a critical moment for
National home sales continue surging, prices rise amid falling interest rates: CREA
The Canadian Real Estate Association says the number of homes sold in November rose 26 per cent compared with a year ago, marking the second
Canada Post operations to resume on Tuesday, company says
Mail is set to begin moving again on Tuesday after a month-long strike by Canada Post employees comes to a close. The Canada Industrial Relations
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