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Federal budget 2021: Program extensions, new hiring subsidy for small business

Federal budget 2021: Program extensions, new hiring subsidy for small business

Ottawa's budget measures for small- and medium-sized businesses include pandemic-related program extensions and funding boosts even as the government rolls out a $15 federal minimum wage.
Biden feels heat on emissions goal as climate summit nears

Biden feels heat on emissions goal as climate summit nears

WASHINGTON — As President Joe Biden convenes a virtual climate summit on Thursday with 40 world leaders, he faces a vexing task: how to put forward a nonbinding but symbolic goal to reduce greenhouse gas emissions that will have a tangible impact on
Federal budget 2021: Ottawa proposes luxury tax on pricey cars, boats, planes

Federal budget 2021: Ottawa proposes luxury tax on pricey cars, boats, planes

OTTAWA — A luxury car or expensive boat will soon cost more thanks to a new tax proposed in Monday's federal budget, which also raises taxes on tobacco and looks to put a little more money in the wallets of older and low-income Canadians.
India's capital to lock down amid explosive virus surge

India's capital to lock down amid explosive virus surge

New Delhi imposed a weeklong lockdown Monday night to prevent the collapse of the Indian capital's health system, which authorities said had been pushed to its limit amid an explosive surge in coronavirus cases.
North American stock markets slip from record highs as investors await Q1 results

North American stock markets slip from record highs as investors await Q1 results

TORONTO — North American stock markets slipped from record highs to start the trading week as investors paused while they wait to see if earnings results in the coming weeks meet lofty expectations.
Large tourism operators in Nova Scotia get $35 million in loan support

Large tourism operators in Nova Scotia get $35 million in loan support

HALIFAX — The Nova Scotia government says it guaranteed nearly $35 million in loans to major tourism operators in the province struggling with the COVID-19 pandemic.
Federal Budget 2021: Ottawa adds $1B to broadband fund for rural, remote communities

Federal Budget 2021: Ottawa adds $1B to broadband fund for rural, remote communities

The federal government will add $1 billion to a fund for improving high-speed communications in rural and remote areas of Canada, bringing the total to $2.
Annual pace of housing starts posts 21.6 per cent increase in March

Annual pace of housing starts posts 21.6 per cent increase in March

OTTAWA — The annual pace of housing starts in Canada soared 21.6 per cent in March compared with February, according to Canada Mortgage and Housing Corp.'s latest report.
Foxconn, Wisconsin reach new deal on scaled back facility

Foxconn, Wisconsin reach new deal on scaled back facility

MADISON, Wis. — Foxconn Technology Group, the world's largest electronics maker, has reached a new deal with reduced tax breaks for its scaled back manufacturing facility in southeast Wisconsin, Gov.
Japan asks Myanmar junta to release arrested journalist

Japan asks Myanmar junta to release arrested journalist

TOKYO — Japan's government said Monday it is asking Myanmar to release a Japanese journalist who was arrested by security forces in its largest city of Yangon the previous day.