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Economy, Law & Politics

Liberals raise capital gains tax on wealthiest Canadians to pay for agenda

Liberals raise capital gains tax on wealthiest Canadians to pay for agenda

OTTAWA — Finance Minister Chrystia Freeland delivered a federal budget Tuesday that keeps the deficit capped at $40 billion, thanks to higher-than-expected government revenues and new taxes that largely offset billions in new spending.
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Illegal Airbnb operator loses bid to rejoin Vancouver short-term rental market

Illegal Airbnb operator loses bid to rejoin Vancouver short-term rental market

Anuj Chopra: "I stand before you all with humility and profound acknowledgement of my past missteps."
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Kirk LaPointe: Federal budget focuses on taxing investment, not spurring it

Kirk LaPointe: Federal budget focuses on taxing investment, not spurring it

Ottawa was dripping good news early, saving up for a tax-hike invoice later
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$535B budget projects $39.8B deficit, aims to restore economic fairness

$535B budget projects $39.8B deficit, aims to restore economic fairness

OTTAWA — The 2024 federal budget will provide "generational fairness" to younger Canadians by raising taxes on those who have already capitalized on Canada's economic strengths, Finance Minister Chrystia Freeland said Tuesday as she tabled the docume
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$535B budget projects $39.8B deficit, aims to restore economic fairness

$535B budget projects $39.8B deficit, aims to restore economic fairness

OTTAWA — The 2024 federal budget will provide "generational fairness" to younger Canadians by raising taxes on those who have already capitalized on Canada's economic strengths, Finance Minister Chrystia Freeland said Tuesday as she tabled the docume
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Some of the key highlights from the Liberal government's 2024 federal budget

Some of the key highlights from the Liberal government's 2024 federal budget

OTTAWA — Finance Minister Chrystia Freeland introduced the 2024 federal budget on Tuesday. Some key highlights: Housing In hopes of building nearly 3.
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Vancouver 'social justice' developer fined $350K for fraud

Vancouver 'social justice' developer fined $350K for fraud

Cherie Evangeline White asserted a relationship with the Salvation Army Church to attract investors for an illegal property flipping arrangement and eventual fraudulent use of funds.
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New Vancouver-based group builds green pathway between Canada and Asia

New Vancouver-based group builds green pathway between Canada and Asia

The North Pacific Green Corridor Consortium (NPGCC) aims to decarbonize transportation between Canada, Japan and South Korea
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IMF: Outlook for world economy is brighter, though still modest by historical standards

IMF: Outlook for world economy is brighter, though still modest by historical standards

WASHINGTON (AP) — The International Monetary Fund has upgraded its outlook for the global economy this year, saying the world appears headed for a “soft landing” — reining in inflation without much economic pain and producing steady if modest growth.
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B.C. inflation ticks up in March after months of cooling

B.C. inflation ticks up in March after months of cooling

National inflation rate higher than on the West Coast
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