Category Archives: Economy

Federal bank regulator proposes tightening test for uninsured mortgages

OTTAWA — The federal banking regulator is proposing increased requirements to the stress test facing homebuyers with uninsured mortgages as it looks ahead to a return to pre-pandemic financial conditions with higher interest rates. The proposal from th...

Conservancy protects area sacred to Tahltan Nation in northwestern B.C.

VICTORIA — Indigenous, provincial and federal leaders have worked beside industry and environmental groups to create a new conservancy in an area of northwestern British Columbia sacred to the Tahltan Nation. A statement from the Ministry of Environmen...

Watch the details to help avoid financial headaches when filing your return

OTTAWA — The devil is in the details and your income tax return is no exception. As the filing deadline at the end of the month approaches, experts say paying attention to the details when it comes to your taxes can

Property owners happy, digital users not so much as Manitoba tables budget

WINNIPEG — Manitoba's 2021-22 budget released Wednesday contains some property tax and provincial sales tax breaks, but transfers some of the sales tax to other areas. Here are some of the winners and losers: WINNERSProperty owners: Residential and far...

Pandemic spending, tax reductions: Some highlights of Manitoba’s 2021-22 budget

WINNIPEG — Finance Minister Scott Fielding tabled Manitoba's 2021-22 budget Wednesday. Here are some key points from the fiscal plan:— Projected deficit of $1.6 billion, down from $2 billion last year, on total spending of $19.4 billion.— Education tax...

Alberta First Nations say provincially regulated gambling website unauthorized

CALGARY — Two First Nations are taking the Alberta government and its gaming commission to court over the province's entry into the online gambling sector. Play Alberta, a provincially regulated site launched last fall, offers virtual slots and table g...

China warns Washington not to boycott Winter Olympics

BEIJING — China's government warned Washington on Wednesday not to boycott next year’s Winter Olympics in Beijing after the Biden administration said it was talking with allies about a joint approach to complaints of human rights abuses. A Foreign Mini...

In Canada, U.S., vaccine ‘passports’ could be new point of cross-border contention

WASHINGTON — As if the COVID-19 pandemic hadn't produced enough ways to complicate life at the border between Canada and the United States, here comes another: whether or not to require proof of vaccination. Debate is heating up in the freedom-focused

Former federal minister Scott Brison to head new Nova Scotia Economic Growth Council

HALIFAX — Former federal cabinet minister Scott Brison has been tapped to head a new body that will advise Nova Scotia's Liberal government on the economy.  Premier Iain Rankin said today in a news release Brison will lead the 10-member Economic

Former federal minister Scott Brison to head new Nova Scotia Economic Growth Council

HALIFAX — Former federal cabinet minister Scott Brison has been tapped to head a new body that will advise Nova Scotia's Liberal government on the economy.  Premier Iain Rankin said today in a news release Brison will lead the 10-member Economic

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