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Economist says temporary tax cut, relief cheques play into rosier growth picture

Economist says temporary tax cut, relief cheques play into rosier growth picture

TORONTO — The federal government's "meaty" move to pause federal sales tax on a long list of items and send cheques to millions of Canadians this spring could factor into an improving outlook for growth in 2025, one economist says.
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As N.L. firm pivots, scientists say Canada's green hydrogen dreams are far-fetched

As N.L. firm pivots, scientists say Canada's green hydrogen dreams are far-fetched

ST. JOHN'S, N.L. — A Newfoundland energy company's embrace of data centres is raising doubts about eastern Canadian hopes of harnessing the region's howling winds to supply Germany with power from green hydrogen.
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SEC Chair Gary Gensler, who led US crackdown on cryptocurrencies, to step down

SEC Chair Gary Gensler, who led US crackdown on cryptocurrencies, to step down

Securities and Exchange Commission Chair Gary Gensler, who was aggressive in his oversight of cryptocurrencies and other financial markets, will step down from his post on January 20.
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Retail industry praises GST holiday but says it may be 'laborious' for some

Retail industry praises GST holiday but says it may be 'laborious' for some

A temporary pause on charging the federal sales tax on many items has retailers excited, even though they say preparing for the relief will mean a lot of extra work in a short period of time.
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Northvolt says Quebec battery plant will proceed despite bankruptcy filing

Northvolt says Quebec battery plant will proceed despite bankruptcy filing

MONTREAL — Northvolt AB is filing for bankruptcy protection in the United States, but says the move will not jeopardize the manufacturer's planned electric vehicle battery plant in Quebec.
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Cariboo Gold Mine in Wells, B.C., gets approval, but a First Nation is opposed

Cariboo Gold Mine in Wells, B.C., gets approval, but a First Nation is opposed

VICTORIA — An operating permit has been granted for the Cariboo Gold Mine in central British Columbia, a project that's expected to process 1.1 million tonnes of gold-bearing ore a year but is still opposed by a First Nation. The B.C.
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Equipment issue pauses sale of some espresso, hot chocolate at McDonald's Canada

Equipment issue pauses sale of some espresso, hot chocolate at McDonald's Canada

McDonald's Canada says espresso-based drinks and hot chocolate are temporarily unavailable at some of the chain's restaurants as it copes with a potential equipment issue.
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Which items will be tax-free under the Liberals' promised GST/HST break?

Which items will be tax-free under the Liberals' promised GST/HST break?

The government on Thursday announced a sweeping promise to make groceries, children's clothing, Christmas trees, restaurant meals and more free from GST/HST between Dec. 14 and Feb. 15.
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Liberals plan to give $250 cheques to millions of Canadians, cut GST over holidays

Liberals plan to give $250 cheques to millions of Canadians, cut GST over holidays

OTTAWA — The Liberal government plans to temporarily lift the federal sales tax off a slew of items just in time for Christmas and send cheques to millions of Canadians this spring, Prime Minister Justin Trudeau announced on Thursday.
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SEC chair Gensler to step down on January 20

SEC chair Gensler to step down on January 20

Securities and Exchange Commission Chair Gary Gensler will step down from his post on January 20. Since taking the lead at the SEC, the commission was aggressive in its oversight of cryptocurrencies and other regulatory issues.
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