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National Business
National Business
Higher tobacco and vaping taxes offsets drug plan spending in federal budget
OTTAWA — The federal government expects that its latest effort to discourage Canadians from smoking, contained in the federal budget tabled Tuesday, will generate $1.7 billion in new revenue.
Apr 16, 2024 3:41 PM
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Some of the winners and losers in the 2024 federal budget
OTTAWA — With a variety of fiscal and policy measures announced in the federal budget, here's a look at some of the winners and losers: Winner: Small businesses Carbon tax rebates for small businesses are coming, five years after consumers began rece
Apr 16, 2024 3:21 PM
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Unifor withdraws Amazon union applications, citing 'suspiciously high' employee data
VANCOUVER — Unifor says it's temporarily withdrawing its applications to represent workers at two Vancouver-area Amazon facilities, accusing the e-commerce giant of providing a “suspiciously high” employee count.
Apr 16, 2024 3:20 PM
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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.
Apr 16, 2024 3:19 PM
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Western Forest Products indefinitely curtails Alberni Pacific Division facility
VANCOUVER — Western Forest Products Inc. says it's indefinitely curtailing operations at its Alberni Pacific Division facility. The Vancouver-based company says the facility has been temporarily curtailed since the fall of 2022.
Apr 16, 2024 2:45 PM
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$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
Apr 16, 2024 2:15 PM
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Government documents confirm coal lobbying on Rockies mining, show months of planning
EDMONTON — Documents released under Alberta Freedom of Information laws confirm the United Conservative Party government was talking with the coal industry about relaxing a policy that protected the Rocky Mountains from open-pit mines long before mak
Apr 16, 2024 2:06 PM
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TSX down almost 100 points, U.S. markets mixed amid ongoing interest rate angst
TORONTO — Weakness in several sectors including financials and utilities led Canada's main stock index down almost 100 points Tuesday, while U.S. markets were mixed after a choppy day of trading. U.S.
Apr 16, 2024 1:46 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,642.87, down 97.33 points): Toronto-Dominion Bank. (TSX:TD). Finance. Down 37 cents, or 0.48 per cent, to $77.57 on 13.
Apr 16, 2024 1:38 PM
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Airline caterers go on strike, affecting travellers on flights via Pearson airport
About 800 airline food service staff at Toronto's Pearson airport went on strike Tuesday, leaving thousands of passengers without meals.
Apr 16, 2024 1:18 PM
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