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Capital gains tax hike sends clear message to wealthiest Canadians

Budget 2024 took a significant step towards tax fairness by increasing the capital gains inclusion rate on Canada’s richest individuals and corporations. Tellingly, a measure designed to tax the rich to fund crucial public investments has caused a wave of outrage amongst a very vocal minority. Muneeb Javaid of Canadians for Tax Fairness explains.

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Budget 2022: Feds to make big banks to pay more

Thursday's federal budget will include a surtax on financial institutions that have made huge profits during the pandemic, CTV News has learned. In being asked to share their wealth, the big chartered banks and major insurance companies are bracing for the new targeted measure that is expected to increase their corporate income taxes. How much more they will have to pay, is set to be detailed in the budget.

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BONOKOSKI: Health Canada coughs up counterintuitive vape policy

BONOKOSKI: Health Canada coughs up counterintuitive vape policy
torontosun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from torontosun.com Daily Mail and Mail on Sunday newspapers.

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BONOKOSKI: Health Canada coughs up counterintuitive vape policy

BONOKOSKI: Health Canada coughs up counterintuitive vape policy
torontosun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from torontosun.com Daily Mail and Mail on Sunday newspapers.

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Federal budget 2021: Liberals target child care, COVID-19 relief in a wave of new spending, as deficit projected to hit $354-billion

Federal budget 2021: Liberals target child care, COVID-19 relief in a wave of new spending, as deficit projected to hit $354-billion
theglobeandmail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theglobeandmail.com Daily Mail and Mail on Sunday newspapers.

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COVID-19: The economic wildcard of the Biden Administration


COVID-19: The economic wildcard of the Biden Administration
Canadian accounting, economic experts say COVID-19 will determine U.S. economic stimulus and recovery
 
Jeff Buckstein, CPA, CGA is an Ottawa-based business journalist..
OTTAWA, Dec. 31, 2020 – United States President-elect Joe Biden has indicated that his initial priority as president will be a healthcare recovery from the COVID-19 pandemic, which he sees as a pre-requisite to economic recovery. But Canadian accounting and economic experts say COVID-19 and its potential variants is an economic wildcard. 
Last Sunday, President Donald Trump signed a $900 billion coronavirus relief bill, after facing intense pressure from Republican colleagues over his delay in signing, which might have caused a government shutdown. Yet the potential is high for further economic stimulus by the incoming Biden Administration. 

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Free trade or tariffs? How the Biden Administration will affect Canadian, global trade


Free trade or tariffs? How the Biden Administration will affect Canadian, global trade
China the focus of U.S. policy, say Canadian accountants, economists
 
Jeff Buckstein, CPA, CGA is an Ottawa-based business journalist..
OTTAWA, Dec. 17, 2020 – Joe Biden’s triumph over incumbent Donald Trump in the 2020 presidential election should go a long way towards restoring the traditional close alliance between Canada and the United States. But certain economic tensions will still persist, even after Biden is sworn into office on January 20, 2021, warn experts. 
It is hard to predict whether Biden will continue Trump’s trend toward protectionism and deglobalization, or whether his policies will revert to free trade and globalization — and, if the latter, the degree to which that might occur, says Stephen Williamson, a professor of economics at the University of Western Ontario in London. 

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