Category Archives: Economy

Trudeau stresses vigilance, announces vaccine pact as COVID-19 cases reach 150,000

OTTAWA — Quebeckers were urged to stop socializing, Ontarians were barred from late-night pub-hopping, and the entire country was sternly warned of "critical" containment measures required in coming weeks as soaring COVID-19 case counts edged past 150,...

Yukon relief program for businesses hurt by COVID-19 extends through to March

WHITEHORSE — Yukon's government has extended its COVID-19 relief program for businesses through to March. Economic Development Minister Ranj Pillai says the program has also been updated to expand eligibility and help businesses with a broader list of ...

Ottawa’s plan to rein in tech giants missing key pieces, say experts

TORONTO — The Liberal government unveiled a plan to rein in tech giants in its throne speech this week, but experts say there is much more that should be included. The government revealed Wednesday that it wants to address corporate tax

Some CRA online services remain unavailable a month after cyberattacks

More than a month after the Canada Revenue Agency took its website offline in the wake of a major cyberattack, the federal tax collection agency won't say when it expects its online services to fully return to normal. A number of

Airlines demand ‘concrete plan’ for financial aid after throne speech hints at relief

Canada's flight industry is tentatively taking heart in signals from the throne speech that financial help is on the way but wants to see quick, clear action to support the sector, which has been devastated by the COVID-19 pandemic.The government's

NDP edges toward supporting Liberal minority after changes to COVID-19 benefits

OTTAWA — Prime Minister Justin Trudeau's minority Liberal government appears poised to survive a confidence vote on its throne speech after introducing legislation Thursday aimed at securing NDP support. NDP Leader Jagmeet Singh would not immediately e...

Five highlights from the speech from the throne

OTTAWA — In a new speech from the throne, the Liberal government detailed its plan to face the coming second wave of COVID-19, support Canadians and businesses that are still struggling because of the pandemic and boost the economy for

Liberals to ‘accelerate’ spending of $1-billion fund for rural internet backbone

TORONTO — The Trudeau government's plan to shepherd the economy safely past the COVID crisis includes its long-standing promise to make sure all parts of Canada have access to high-speed internet. The throne speech read Wednesday by Gov. Gen Julie Paye...

Liberals vow wage-subsidy extension to 2021, revamp of EI system in throne speech

OTTAWA — The Liberals are reversing course on a decision to wind down a federal wage subsidy, vowing in their throne speech to extend the program for businesses harmed by COVID-19 into next year. Over the summer the government decided to

New Airbnb portal allows local governments to closely monitor listings

VANCOUVER — Airbnb is launching a new program for cities and tourist organizations aimed at helping them ensure compliance with local rules. Vancouver and Calgary are among the 10 North American cities included in the new portal, which Airbnb says will...