Canadian economy starts the year on a rebound with 0.6 per cent growth in January

The Canadian economy grew 0.6 per cent in January, the fastest growth rate in a year, while the economy likely expanded 0.4 per cent in February, Statistics Canada said Thursday. The rate was higher than forecasted by economists, who were expecting GDP growth of 0.4 per cent in the month. December GDP was revised to a 0.1 per … Read more

CRA pausing new ‘bare trust’ reporting requirement just days before filing deadline

The Canada Revenue Agency (CRA) is hitting pause on a new “bare trust” reporting requirement with just a few days remaining before the deadline. New reporting requirements for such trust arrangements were introduced for the 2024 tax season. Anyone with a bare trust was required to file a T3 tax return form naming the trustees, … Read more

Canada is still backing the fossil fuel industry with billions, report finds

A new report says the federal government is providing billions of dollars in financial support for the fossil fuel industry, despite measures announced last year to limit certain types of subsidies for the oil and gas industry. The analysis, released today by the advocacy group Environmental Defence, estimated that Ottawa offered up at least $18.6 … Read more

Mysterious writer behind ISIS-K propaganda calls himself ‘the Canadian’

A mysterious writer making propaganda for an Afghan branch of ISIS claimed to be based somewhere in Canada which, experts say, could be cause for concern for authorities.  Voice of Khurasan, an online publication used by the Islamic State of Khorasan (ISIS-K), which is suspected of being behind the Moscow attack that killed at least 140 … Read more

Donald Sutherland to publish memoir about fame and his 60-year career in Hollywood

Famously private about his personal life, acclaimed actor Donald Sutherland is finally ready to let the public in on his story. He’ll share behind-the-scenes moments from 60 years in the spotlight in his memoir Made Up, But Still True. Born in Saint John, Sutherland rose to stardom from early roles in Dirty Dozen and M.A.S.H. and has since received … Read more

Lots of new animals are heading for your city, study suggests

When you look out the window or walk your dog in the year 2100, the animals you spot might be quite different from what you see today, a new study suggests. Many wildlife species are moving due to climate change — which means Canadian cities could get an influx of wild climate refugees. They could … Read more

Canada Goose is laying off 17 per cent of its global corporate staff

Luxury parka maker Canada Goose says it is laying off 17 per cent of its global corporate workforce. CEO Dani Reiss wrote in a LinkedIn note Tuesday that the job cuts are meant to put the company in a better position for scaling and will help the Toronto-based business focus on efficiency and key brand, design … Read more

Canada’s need to improve productivity has reached emergency level, says Bank of Canada official

A senior Bank of Canada official says the need to improve productivity has reached an emergency level as the economy faces a future where inflation may be more of a threat than in the past few decades. In a speech, senior deputy governor Carolyn Rogers says an economy with low productivity can only grow so … Read more

All eyes are on the future of freshwater after a winter of record heat

Quirks and Quarks19:36Water, water, everywhere. But will we have enough to drink? After a winter that smashed heat records, researchers around the world are taking a close look at how human disturbances and the rapidly changing climate are affecting the world’s freshwater supply. “We’re reducing both water quantity and water quality,” says Katrina Moser, an associate professor … Read more

Global Affairs says 2 more Canadians have died in Ukraine-Russia war

A military unit of foreign fighters in the Ukraine war had taken up covert missions against Russia when its Canadian commander was killed, says a researcher who studies war in the former Soviet Union. Jean-François Ratelle, who led the Norman Brigade under the nom de guerre Hrulf, was one of two Canadians to die within … Read more