Category Archives: Finance

Parliamentary budget officer rebukes Trudeau government over spending secrecy

OTTAWA — Parliament's budget watchdog has called out the Trudeau government for not providing information on billions of dollars in planned federal spending. The parliamentary budget office made clear its concerns about the Liberals' spending secrecy i...

Membertou First Nation to become latest to join Mi’kmaq livelihood fishery in N.S.

HALIFAX — The leader of a Cape Breton First Nation says his community is planning a self-regulated lobster fishery similar to the one on the province's southwestern shore that has sparked fierce opposition from non-Indigenous harvesters.  Chief Te...

PBO complains of lack of transparency on $422 billion in federal business support

OTTAWA — Crown corporations have handed out an estimated $422 billion in loans, guarantees and deferrals to businesses since the start of the pandemic, the parliamentary budget officer says in a report that warns about a lack of details around

B.C. drops maximum allowable rent increases for 2021 to 1.4 per cent

VICTORIA — The B.C. government has capped rent increases for next year at 1.4 per cent. Landlords had been allowed to raise rents up to a maximum of 2.6 per cent this year, although the government imposed a rent freeze until th...

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,