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Economy, Law & Politics

Tariffs on Chinese EVs, aluminum and steel to raise federal revenues by $473M: PBO

Tariffs on Chinese EVs, aluminum and steel to raise federal revenues by $473M: PBO

OTTAWA — The parliamentary budget officer estimates sa¹ú¼Ê´«Ã½'s tariffs on Chinese electric vehicles, aluminum and steel will increase federal revenues by $473 million over five years.
Canadians to spend $801 more on food in 2025 as climate, Trump affect prices: report

Canadians to spend $801 more on food in 2025 as climate, Trump affect prices: report

Food prices in sa¹ú¼Ê´«Ã½ are likely to increase by three to five per cent next year, according to a newly released report, but wild cards like climate change and Donald Trump could have unforeseen impacts.
The GST tax holiday is coming but will the savings actually make a difference?

The GST tax holiday is coming but will the savings actually make a difference?

While many Canadians highly anticipate the federal government's upcoming GST holiday, experts say consumers need to make sure they're saving money on what they need most without falling for the allure of a deal and hurting their bottom line.
sa¹ú¼Ê´«Ã½ Post strike hits three-week mark as union says it's ready to restart mediation

sa¹ú¼Ê´«Ã½ Post strike hits three-week mark as union says it's ready to restart mediation

One of the key issues in negotiations has been a push to expand delivery to the weekend, but the two sides are at odds over how to staff the expansion.
Kirk LaPointe: Surrey directors sound alarm over Metro Vancouver governance

Kirk LaPointe: Surrey directors sound alarm over Metro Vancouver governance

Regional body faces scrutiny over soaring project costs, lack of transparency
Minister defends decision to accept Taylor Swift tickets from sa¹ú¼Ê´«Ã½ Crown corporation

Minister defends decision to accept Taylor Swift tickets from sa¹ú¼Ê´«Ã½ Crown corporation

OTTAWA — Liberal Minister Harjit Sajjan is defending his decision to accept an invitation from a sa¹ú¼Ê´«Ã½ Crown corporation to attend a Taylor Swift concert.
Postal union says it sent new proposals to mediator as strike nears three weeks

Postal union says it sent new proposals to mediator as strike nears three weeks

OTTAWA — The Canadian Union of Postal Workers says it's sent another round of counter-proposals to the federal mediator appointed to help it reach a deal with sa¹ú¼Ê´«Ã½ Post as a countrywide strike nears the three-week mark.
Poilievre offers two hours on Monday for Freeland to present fall economic statement

Poilievre offers two hours on Monday for Freeland to present fall economic statement

OTTAWA — Conservative Leader Pierre Poilievre is offering to give up time on an opposition day in the House of Commons to allow Finance Minister Chrystia Freeland to present the government's fall fiscal update.
sa¹ú¼Ê´«Ã½ needs to take Trump's tariff threats seriously: experts

sa¹ú¼Ê´«Ã½ needs to take Trump's tariff threats seriously: experts

TORONTO — Experts say sa¹ú¼Ê´«Ã½ needs to be prepared to take action if U.S. president-elect Donald Trump goes through with his threats of significant tariffs when he takes office in January.
S&P/TSX composite index slightly up Wednesday, U.S. stock markets also rise

S&P/TSX composite index slightly up Wednesday, U.S. stock markets also rise

TORONTO — sa¹ú¼Ê´«Ã½'s main stock index edged higher in trading on Wednesday, helped by strength in the technology sector, while U.S. stock markets also rose. The S&P/TSX composite index was up 5.45 points at 25,641.18.