Category Archives: Economy

Ottawa holds vigil against Kinder Morgan

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By Marina Wang Protesters huddled together under the lamplight on a frigid evening outside parliament in what is likely to be the last nation-wide protest before a decision on the controversial Kinder Morgan pipeline is announced. The candlelit vigil is

Dear Finland, Re: guaranteed income experiment

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Dear Finland,   Regarding your experiment in guaranteed income; While I find myself slightly dismayed at the small scope of your experiment, I am thrilled and excited to see you implementing this type of policy. Canada had a city sized

Trans-Pacific Partnership is mostly an investor protection agreement

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By Blair Redlin Inasmuch as 97% of Canadian exports to TPP countries are already duty free, it’s our view that the proposed Trans-Pacific Partnership is mostly an investor protection agreement, which should be primarily assessed on that basis. The arguments

Harper signed trade deal with Panama encouraging tax evasion

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Former Prime Minister Stephen Harper signed a trade deal with Panama in 2010, which encourages tax evasion by Canadian companies, according to experts. Todd Tucker, research director at Public Citizen’s Global Trade Watch, warned Parliamentarians that the Canada-Panama Free Trade

Canadian growth of employment highest under foreign control

By Leila Lemghalef Foreign companies lead employment growth across Canada, according to Statistics Canada. Employment growth led by foreign majority-controlled firms was more than double the increase reported by Canadian-controlled firms, and employment in foreign firms is mostly concentrated in

Budget 2016: CRA gets $444 million to go after tax dodgers

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Canada’s federal budget 2016 earmarked nearly $444 million over five years for the Canada Revenue Agency to go after tax cheats, amid revelations that the government’s tax collector offered an amnesty to wealthy clients of KPMG who took part in

Women know less than men in finance

By Leila Lemghalef Canadian women scored lower on financial literacy tests than Canadian men, and are less likely to consider themselves financially knowledgeable, based on new findings released by Statistics Canada. On questions relating to key issues of interest, inflation,

Civil society cautiously optimistic of federal budget

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Civil society groups are welcoming federal budget with cautious optimism while insisting that more needs to be done to undo damage from Former Prime Minister Stephen Harper’s decade in power. “This budget provides something that’s been missing for a long

Hopeful Signs For Pipelines

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By Jared Milne At first glance, pipelines to get Alberta’s oil to market seem as stalled as ever. Many people across Canada don’t seem to think the advantages of pipelines are worth the environmental risks they’re worried about. As I’ve

Realtors cashing in on Canada’s housing affordability crisis, reports show

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Realtors are earning record profits from surging house prices contributing to the nation’s housing affordability crisis reaching “dangerous” levels, two recently released reports show. Operating revenue for the real estate agents and brokers industry group grew 10.8% from 2013 to