Category Archives: Economy

Indigenous leaders say safe drinking water settlement with federal gov’t is unfair

OTTAWA — The federal government has set aside about $1.5 billion to compensate Indigenous people who have been without clean drinking water, the result of a class-action lawsuit initiated by First Nations communities. But while the government called th...

Most Americans could file their taxes for free, but don’t

WASHINGTON (AP) — A new government watchdog report finds that while most Americans are eligible to file their taxes for free, only a fraction use the services provided through the government.

A look at what Biden’s requested aid for Ukraine might buy

WASHINGTON (AP) — The money that President Joe Biden has asked Congress to approve for Ukraine is designed to help with a range of needs — military equipment for the immediate fight, economic aid for the future and much more.

Drop in US GDP challenges Biden’s pitch to voters

WASHINGTON (AP) — President Joe Biden’s upbeat message that the economy is cruising along hit a troublesome speed bump on Thursday when the federal government reported that U.S. gross domestic product shrank during the first three months of 2022.

Big US energy transmission projects inch closer to approval

ALBUQUERQUE, N.M. (AP) — The federal government has finished another environmental review of a proposed transmission line that will carry wind-generated electricity from rural New Mexico to big cities in the West and similar reviews are planned for two...

Top Democrats push for federal crackdown on high gas prices

WASHINGTON (AP) — Citing growing worries about high gasoline prices, Democratic leaders announced an effort Thursday to give the Federal Trade Commission increased authority to crack down on companies that engage in price gouging.

Turkey rejects Greek accusations of illegal overflights

ANKARA, Turkey (AP) — Turkey on Thursday rejected accusations that its warplanes conducted unauthorized military flights over Greek islands, pointing the finger at fellow NATO-member Greece instead.

Poilievre’s populism sees him vow to audit the Bank of Canada, ban digital currency

OTTAWA — Conservative leadership candidate Pierre Poilievre took his campaign against Canada's central bank to its doors Thursday, vowing to have it audited and to bar it from using its own digital currency. The Ottawa-area MP unveiled his policies for...

Vancouver council will hike empty homes tax to 5 per cent of assessed value in 2023

Vancouver is raising the empty homes tax that is designed to ease vacancy rates in the city, from three per cent to five per cent of the property's value.  The motion by Mayor Kennedy Stewart to hike the tax in 2023

FDA issues plan to ban menthol in cigarettes, cigars

WASHINGTON (AP) — The U.S. government on Thursday released its long-awaited plan to ban menthol cigarettes and flavored cigars, citing the toll on Black smokers and young people.

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