Home » Posts tagged 'cbc news' (Page 3)
Tag Archives: cbc news
Federal books in $2.8B deficit over first four months of fiscal year
Federal books in $2.8B deficit over first four months of fiscal year Ottawa ran $1.8B deficit in July Between April and July of this year, federal revenues were $2.3 billion lower compared with last year, while program expenses were $6.5 billion higher. (Adrian Wyld/Canadian Press) New numbers released Friday show the federal government ran a […]
Our uncomfortable ride with central bankers who can’t take us home again: Neil Macdonald
Our uncomfortable ride with central bankers who can’t take us home again: Neil Macdonald The great post-Great Recession money-printing bonanza was supposed to be temporary Chair Janet Yellen decided this week to keep the U.S. Federal Reserve’s interest rate where it is, saying the U.S. economy isn’t yet ready to withstand a modest increase. (Gary […]
Toronto’s land transfer tax revenue is booming, but the cupboard’s still bare
Toronto’s land transfer tax revenue is booming, but the cupboard’s still bare ‘The message to Toronto is, ‘Don’t spend it all,’ economist says Toronto’s red-hot real estate market has sent municipal land transfer tax revenues soaring. But the city’s spending all that money, not saving it. (Sean Kilpatrick/Canadian Press) In times of plenty, it can […]
ANALYSIS: Brexit vote a sign U.K. ‘longing for a time and place that never was’
ANALYSIS: Brexit vote a sign U.K. ‘longing for a time and place that never was’ ‘Free movement of people is a major point of European integration,’ says political scientist European Union leaders said Friday that the U.K. should begin the process of leaving the EU as soon as possible. It’s expected that some countries will take […]
Ottawa sets up working group to monitor housing market
Ottawa sets up working group to monitor housing market Finance Minister Bill Morneau says he will work with cities and provinces to get more and better data Policymakers are looking at all the tools at their disposal to take care of the housing market. (David Donnelly/CBC) The federal government plans to work with British Columbia […]
How Canada got into bed with tax havens
How Canada got into bed with tax havens 1980 treaty with tiny Barbados paved way for billions to legally flow offshore Canadian companies have flocked to Barbados with their cash for decades in order to legally avoid paying Canadian taxes. (The Associated Press) On a cold December afternoon in 1980, with MPs’ voices echoing in […]
Summer gas prices forecast to remain stable
Summer gas prices forecast to remain stable Western Canada facing gas shortages, oil supply cut from wildfires Canadian motorists shouldn’t expect increases at the pumps as summer gas prices are expected to remain stable. (Canadian Press) Mark Gollom is a Toronto-based reporter with CBC News. He covers a wide range of topics, including Canadian and […]
NEB approves Trans Mountain pipeline with 157 conditions
NEB approves Trans Mountain pipeline with 157 conditions Federal government has 7 months to make decision on controversial project Coastal communities in B.C. have raised serious concerns about spill risk and the potential damage it could cause to the environment. (Kinder Morgan) Is a Calgary-based journalist with CBC’s network business unit. You can contact him […]
Canadian housing market hits $508,097 average price in April as sales rise to record
Canadian housing market hits $508,097 average price in April as sales rise to record Average Canadian house price up 13% in April, but wide regional variances remain Canada’s housing market hit new all-time records both for the average price and the number of homes sold in April. (Associated Press) Canada’s housing market continues to set […]
House flipping tax could curb speculative foreign money, CIBC says
House flipping tax could curb speculative foreign money, CIBC says Tax on home flippers may be helpful, but most foreign investors are likely legitimate, Benjamin Tal says Canada lacks concrete data on the level of foreign investment in the country’s housing market, experts say. (Daniel Acker/Bloomberg) Canada may consider a tax on foreign investors flipping […]
Ottawa scientists prepare for disruptive solar weather
Ottawa scientists prepare for disruptive solar weather A tsunami of solar particles could wreak havoc on planet earth Solar flares on the surface of the sun. (Natural Resources Canada) If the threats of climate change, a pandemic or nuclear war haven’t given you enough to worry about, how about solar weather? Large-scale eruptions on the […]
More evacuation orders issued for Fort McMurray area
More evacuation orders issued for Fort McMurray area Anzac, Gregoire Lake Estates and Fort McMurray First Nation forced to evacuate late Wednesday Many evacuees forced from their Fort McMurray homes by wildfire Tuesday are on the move once again. Three communities south of Fort McMurray, one including an evacuation centre, were ordered to leave as changing weather patterns turned […]
Venezuela at risk of unravelling as economic, energy turmoil deepens
Venezuela at risk of unravelling as economic, energy turmoil deepens Violent protests follow decision to ration energy, cut work week for public employeesSo much is riding on the onset of the rainy season in Venezuela, where people across the drought-stricken country lined up on April 28, 2016, to buy food. So far, Caracas is being […]
