Page 46 - Jack Mintz News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Budget 2021 Preview: Balancing Pandemic Support, Growth Spending While Keeping Debt Manageable Hard to unwind some COVID-19 response programs as economy heals, says budget watcher News Analysis A key dynamic for the April 19 federal budget—the first in over two years—will be how the government expects to balance economic support, as the pandemic’s third wave intensifies, with the $70 billion to $100 billion it earmarked in stimulus spending last fall.  In response to COVID-19, the feds launched a number of programs to support businesses and Canadians that were meant to be temporary. Un...

Article content Canada’s per capita GDP growth from 2016 to 2020 was the worst five-year performance since the Great Depression: an annual rate of minus 0.75 per cent. Sure, the pandemic was the major reason for negative growth in that period but even so, 2016-19 per capita growth was only 0.5 per cent a year — barely better than flatlined. No surprise in that. Canada was gut-punched by a quick, sharp decline in commodity prices in late 2014, moribund business investment after 2015, and transportation blockages holding back resource exports in 2018 and 2019. It was hard to gain any speed...

There are regulations, and then there are regulations that also double-down on taxes.

A crisis is a terrible thing to waste. The epigram was first coined back in 2004, but it remains as relevant as it was 17 years ago as employers continue to battle multiple crises these days. First and foremost, there’s the global health crisis. Then there’s the resulting economic crisis that’s brought many businesses — […] February 16, 2021 March 15, 2021 09:00 In early 2020, many employees had no idea a great wave was on its way. While reports of a novel coronavirus spread around the globe, Canadians were still going about their days as usual — rolling out of bed, getting dres...

Canada-US Relationship Bigger Than Keystone XL Cancellation, Other Disputes: Expert Panel Recommendations include turning focus to Enbridge’s lines 3 and 5, ensuring Canadian interests recognized It’s clear the time is now for Canada to explore new ways to engage with its southern neighbour, given changes to U.S. energy and environmental policy expected under President Joe Biden’s administration, including cancellation of the Keystone XL pipeline—a body blow to Canada’s economy. An expert panel on the energy sector and Canada-U.S. relations met on Feb. 16 to discuss how the Canadian...