Category Archives: Economy
City of Toronto seeks input on vacant home tax intended to increase housing supply
Torontonians are being asked for their input on a new tax aimed at boosting housing supply amid the city's ongoing affordability crisis. But some observers say they question just how much of an effect the tax, which kicks in next year,
California proposes new oil drilling ban near neighborhoods
SACRAMENTO, Calif. (AP) — California's oil and gas regulator on Thursday proposed that the state ban new oil and gas drilling within 3,200 feet of schools, homes and hospitals to protect public health in what would be the nation's largest
Fed imposes sweeping new limits on policymakers’ investments
WASHINGTON (AP) — The Federal Reserve is imposing a broad new set of restrictions on the investments its officials can own, a response to questionable recent trades that forced two top Fed officials to resign.
Facebook’s oversight board seeks details on VIPs’ treatment
WASHINGTON (AP) — Facebook’s semi-independent oversight board says the company has fallen short of full disclosure on its internal system that exempts high-profile users from some or all of its content rules.
Business groups expect strong uptake of Ontario QR code vaccine certificates
TORONTO — Ontario business groups expect strong uptake of the new provincial app used to verify patrons' proof of COVID-19 vaccination but say they'd like financial support from the government to cover extra costs associated with it. The app, called Ve...
Turkey, Jordan, Mali added to global financial watch list
An international organization that monitors and sets guidelines to protect against money laundering and terrorism financing added Turkey, Jordan and Mali to its watch list Thursday.
German parties aim to have new chancellor in early December
BERLIN (AP) — The three parties that hope to form Germany's new government said Thursday they aim to have the country's next chancellor in place in early December, but acknowledged that they face a complex task.
N.S. student tenants: Saga of mouse-infested rooms shows need for tougher tenancy law
HALIFAX — Two Nova Scotia students who spent eight months fighting to be repaid rent after they departed their mouse-infested apartment say their case emphasizes the need for legal reforms to protect tenants. Kavita Krueger, Hayley Inglis and Mackenzie...
EU summit loads pressure on Poland over rule of law
BRUSSELS (AP) — European Union leaders pressured a defiant Polish Prime Minister Mateusz Morawiecki Thursday to fall back into line on recognizing that EU law trumps national decision-making, hoping that dialogue will stave off a crisis in the bloc.
UK, New Zealand approve trade deal; hope it opens more doors
LONDON (AP) — Britain and New Zealand have agreed on a trade deal that eliminates tariffs on a wide range of goods as the U.K. expands economic links around the world following its exit from the European Union.
