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Quebec fiscal update brings $2.1B in new spending, axes tax credit for older workers

Quebec fiscal update brings $2.1B in new spending, axes tax credit for older workers

QUÉBEC — Quebec Finance Minister Eric Girard tabled an economic update on Thursday with $2.1 billion in new spending over five years amid what he described as a stronger-than-expected recovery from last year's economic slowdown.
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As N.L. firm pivots, scientists say Canada's green hydrogen dreams are far-fetched

As N.L. firm pivots, scientists say Canada's green hydrogen dreams are far-fetched

ST. JOHN'S, N.L. — A Newfoundland energy company's embrace of data centres is raising doubts about eastern Canadian hopes of harnessing the region's howling winds to supply Germany with power from green hydrogen.
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Liberals plan to give $250 cheques to millions of Canadians, cut GST over holidays

Liberals plan to give $250 cheques to millions of Canadians, cut GST over holidays

OTTAWA — The Liberal government is planning to give Canadians a tax break over the holidays and hand out billions of dollars in a move that two opposition leaders characterized as a trick to buy votes from frustrated people struggling with the high c
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SEC Chair Gary Gensler, who led US crackdown on cryptocurrencies, to step down

SEC Chair Gary Gensler, who led US crackdown on cryptocurrencies, to step down

Securities and Exchange Commission Chair Gary Gensler, who was aggressive in his oversight of cryptocurrencies and other financial markets, will step down from his post on January 20.
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Cariboo Gold Mine in Wells, B.C., gets approval, but a First Nation is opposed

Cariboo Gold Mine in Wells, B.C., gets approval, but a First Nation is opposed

VICTORIA — An operating permit has been granted for the Cariboo Gold Mine in central British Columbia, a project that's expected to process 1.1 million tonnes of gold-bearing ore a year but is still opposed by a First Nation. The B.C.
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Equipment issue pauses sale of some espresso, hot chocolate at McDonald's Canada

Equipment issue pauses sale of some espresso, hot chocolate at McDonald's Canada

McDonald's Canada says espresso-based drinks and hot chocolate are temporarily unavailable at some of the chain's restaurants as it copes with a potential equipment issue.
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Which items will be tax-free under the Liberals' promised GST/HST break?

Which items will be tax-free under the Liberals' promised GST/HST break?

The government on Thursday announced a sweeping promise to make groceries, children's clothing, Christmas trees, restaurant meals and more free from GST/HST between Dec. 14 and Feb. 15.
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SEC chair Gensler to step down on January 20

SEC chair Gensler to step down on January 20

Securities and Exchange Commission Chair Gary Gensler will step down from his post on January 20. Since taking the lead at the SEC, the commission was aggressive in its oversight of cryptocurrencies and other regulatory issues.
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Average rate on a 30-year mortgage in the US rises to highest level since July

Average rate on a 30-year mortgage in the US rises to highest level since July

The average rate on a 30-year mortgage in the U.S. edged closer to 7% this week, climbing to its highest level since July. The rate rose to 6.84% from 6.78% last week, mortgage buyer Freddie Mac said Thursday.
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Taylor Swift to kick off final three Toronto shows as Eras Tour heads toward finale

Taylor Swift to kick off final three Toronto shows as Eras Tour heads toward finale

TORONTO — Taylor Swift is throwing another party in Toronto as her celebrated Eras Tour heads into its final three nights in the city. The pop superstar will pack the Rogers Centre full of Swifties tonight, Friday and Saturday.
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