Liberals plan to send $250 cheques to Canadians, temporarily cutting GST on some items

Prime Minister Justin Trudeau says his government plans to temporarily lift the federal sales tax off a slew of items just in time for Christmas...

Nov 25, 2024 | Business

Canada Post losses top $300M as strike enters second week — and rivals step in

Canada Post saw hundreds of millions of dollars drain out of its coffers last quarter, due largely to its dwindling share of the parcels market...

Nov 25, 2024 | Business

Glimmers of hope for some for a funding deal at UN climate talks, but opposition...

Tenuous hope for a deal for a giant funding package for poor nations to curb and adapt to climate change emerged late Saturday amid fractured...

Nov 25, 2024 | Business

Afraid of losing the US-Canada trade pact, Mexico alters its laws and removes Chinese parts

Canada’s Prime Minister Justin Trudeau, left, and Mexico’s President Claudia Sheinbaum talk during the G20 Summit leaders meeting in Rio de Janeiro, Monday, Nov. 18,...

Nov 25, 2024 | Business

How public funds are being used to lure private dollars in race for climate financing

TORONTO — The trillion-dollar question these days is where the huge sums of money needed to address climate change are going to come from, especially...

Nov 25, 2024 | Business

Shorter holiday shopping season ups pressure on retailers and consumers

Canadians waiting for Black Friday to kick-start their holiday shopping have less time to pick up gifts. There are five fewer days between Black Friday...

Nov 25, 2024 | Business

Northvolt CEO Peter Carlsson steps down one day after bankruptcy filing in U.S.

The CEO and co-founder of battery maker Northvolt, Peter Carlsson, is stepping down after being at the helm of the company since it was founded...

Nov 25, 2024 | Business

Economists say temporary tax cut, relief cheques play into rosier growth picture

The federal government’s “meaty” move to pause federal sales tax on a long list of items and send cheques to millions of Canadians this spring...

Nov 22, 2024 | Business

Here’s a list of items that will be GST/HST-free over the holidays

Canadians won’t have to pay GST or HST on a selection of items this holiday season, the prime minister vowed on Thursday. Prime Minister Justin...

Nov 22, 2024 | Press Release