Konrad Yakabuski reports on the ramifications of Alberta Premier Jason Kenney’s plan to revamp Canada’s equalization payments. Although Mr. Kenney has recently criticized the current formula as being unfair to Alberta while favouring provinces like... read more
The United States, Canada and Mexico are closing in on a deal to add a side agreement to the new continental trade pact that would help it win the approval of congressional Democrats. Deputy Prime... read more
Sometime in the few next weeks, federal Finance Minister Bill Morneau will release the amounts Canada’s have-not provinces will receive in equalization payments for the 2020-2021 fiscal year. And, needless to say, most Albertans won’t... read more
The average Canadian household paid nearly $40,000 in taxes last year, more than the combined cost of clothing, food and shelter, according to a new report. The Fraser Institute’s annual Canadian Consumer Tax Index is... read more
It’s time to acknowledge that people are both working and living longer by increasing the standard age for starting retirement benefits to 67, Canada’s actuaries say. Raising the retirement age for Canada and Quebec pension-plan... read more
This article and lesson plan help students examine the highlights and features of the 2019 Budget and assess its impact, strengths and weaknesses – as well as exploring which groups may be happy, or unhappy,... read more
The federal budget doubles down on help for first-time homebuyers, but it also sets its sights on students, environmentally minded car buyers, low-income seniors and people worried about outliving their money in retirement. Pre-election budgets... read more
The federal government unveiled a budget on Tuesday, ahead of a federal election, that marked a pivot back to middle-class issues with a slate of new spending aimed at key voting blocs. The plan comes with... read more
Finance Minister Bill Morneau will release the Liberal government’s pre-election budget on March 19, as he faces calls from economic experts to keep provincial debt loads in mind when Ottawa updates its financial course. Mr.... read more
The National Energy Board is urging the federal government to toughen marine monitoring and protection standards, including potential limits on the whale-watching industry, if the cabinet decides this spring to proceed with the expansion of... read more
British Prime Minister Theresa May is rapidly losing control over her Brexit strategy after the government suffered a pair of humiliating defeats in the House of Commons this week – empowering parliamentarians and opening the... read more
General Motors is shuttering its plant in Oshawa as part of a restructuring of its global operations to focus on autonomous and zero-emission vehicles, sources say. Two sources, who were briefed on General Motors’ plan,... read more