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
The company building the Trans Mountain pipeline expansion now estimates the project’s costs will come in 10 per cent higher than its May 2023 estimate of $30.9 billion. That’s according to a regulatory filing Trans Mountain Corp. provided to the Canada Energy Regulator on Monday. It represents the latest in a series of cost increases … Read more
Canadian customs officers could soon be posted to U.S. border posts on American soil for the first time in history, and American officers could be assigned to work from border posts in Canada, CBC News has learned. “It’s a fundamental shift,” said Mark Weber, president of the union that represents Canadian border officers. “You’re working … Read more
New tax measures, and changes to existing ones, will begin affecting Canadians in 2024. But tax experts say the effects on most individuals are likely to be minor, unless they’re high-income earners. GST/HST exemptions, the elimination of deductions for some short term rentals, new alternative minimum tax rates and changes to Canada Pension Plan (CPP) … Read more
Two Inuit leaders in Labrador are calling on the Newfoundland and Labrador government to chip in for flights to their fly-in communities as the province becomes the latest to support leisure travel to and from international destinations. Johannes Lampe, president of the Inuit Nunatsiavut government, and Barry Andersen, the AngajukKak — or mayor — of Makkovik, N.L., … Read more
Nancy Paine’s short-term rental business is dead in the water. As co-founder and CEO of Victoria-based Superhost, Paine said she had been at the forefront of the Airbnb revolution for seven years, acting as a “liaison” for homeowners needing help with the logistics of running a listing on the accommodation site. At the peak of … Read more
