Alberta panel recommends cuts to fix province’s spending problem
The committee recommended that Alberta keep spending flat for the next four years.
Bank of Canada holds key lending rate, says second-quarter economic growth likely temporary
Bank of Canada Governor Stephen Poloz avoided media Wednesday after holding the overnight interest rate firm at 1.75 percent, where the prime lending rate for the big banks has been since October of last year.
B.C. renters could pay up to 2.6 percent more in 2020
However, Robinson says that if changes had not been made, renters could have seen an increase as high as 9 percent in their rental rates due to various loopholes in the previous inflation formula.
Sackler family may retain majority of wealth even despite opioid crisis settlement
New information suggests the family may not pay a dime of its own money, will not go to jail, and will likely weather out the storm.
Air Canada fined $21,000 for not having proper French labeling
Air Canada has been ordered by the Federal Courts to pay $21,000 to an Ottawa couple who say that Air Canada violated their French-language rights.
Air Canada misplaces Whitehorse man’s dog causing lengthy flight ordeal
Bobbie Milnes, a resident of Whitehorse, says that Air Canada lost his dog, leading to a 30-hour ordeal during a cross-country flight around Canada.
A Universal Basic Income in Canada is feasible. An interview with Scott Santens
UBI isn’t a new idea. Big names from the left and right have supported it. The question then arises: can this policy work in Canada?
Liberals ease regulations required to pass projects with large environmental impacts
As a public statement by the organization, Environmental Defence reads, “For virtually every class of project,”—and that includes pipelines, nuclear reactors, mines and highways—“The thresholds for the size of a project have increased.”
Trudeau government forgives $7.4 million loan for multi-billion-dollar Irving family
The company later said the reason they didn’t pay their loans back was that they didn’t achieve specific targets. In other words, the subsidiary failed, and the Irvings don’t want to cover their losses.
Trade uncertainty spurs Senator’s ask for special Bank of Canada meeting
Citing global trade uncertainty and diplomatic tensions with China, the Senate’s Banking and Trade committee chair wants to hear from Bank of Canada boss Stephen Poloz and asked that a ‘special meeting’ be convened.