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Tag Archives: Capital

Congo provincial governor dies after fighting with rebels closing in on capital, authorities say

The governor of eastern Congo’s North Kivu province has died from injuries sustained during fighting on the front line, authorities said Friday, as M23 rebels closed in on the provincial capital.  M23 made significant territorial gains in recent weeks, encircling Goma, which has around two million people and is a …

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Capital gains tax changes are in limbo. But the CRA is collecting new charges anyway

The prorogation of Parliament has led to confusion around the federal government’s plans to boost the rate of tax some Canadians pay on the capital gains — or profits — they make from selling assets like stocks, a family business or a cottage.  Last spring, the federal Liberal government proposed …

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Massive snowball fight brings cheer amid winter storm in U.S. capital

18 hours ago News Duration 0:59 A major winter storm that hit the mid-Atlantic U.S. states on Monday caused federal offices and public schools in Washington, D.C., to shut down for the day. The DC Snowball Fight Association took the opportunity to transform a public park into ‘The Great Meridian …

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Heavy rain sparks landslide, flooding in Bolivian capital

A landslide caused by heavy rains after a prolonged drought in La Paz, the capital of Bolivia, flooded dozens of homes early Sunday, local authorities said. It swept away a young girl, spurred evacuations and left parts of the city without electricity. Torrential rain on Saturday caused a river to …

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Thousands rally at N.Z. capital to oppose controversial bill, support Māori rights

1 hour ago News Duration 1:19 A large crowd, which police estimated at more than 40,000 people, gathered outside New Zealand’s Parliament in Wellington to oppose a bill that opponents have decried as a bid to reinterpret a founding treaty and set back Māori rights. New Zealand’s prime minister has …

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Capital gains changes will bring in billions — but less than Ottawa expects: PBO – National

Contentious changes to how capital gains are taxed in Canada will bring in billions less in revenue for the government than Ottawa was expecting when it tabled the 2024 federal budget, according to the Parliamentary Budget Officer. The PBO on Thursday tabled a probe of Liberal measures to hike the …

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Capital gains changes set to be introduced Monday. Here’s what to expect – National

The Liberal government is set to introduce proposed changes to capital gains taxes in Canada. Finance Minister and Deputy Prime Minister Chrystia Freeland announced on Sunday that the long-awaited changes, which were originally part of the 2024 federal budget, would be coming Monday. The proposal, which has spurred a wave …

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Ontario securities regulator exploring artificial intelligence use in capital markets

TORONTO — Ontario’s securities regulator says it is evaluating the potential role it can play in overseeing and guiding responsible adoption of artificial intelligence to protect investors and the integrity of capital markets. In a report released Tuesday, the Ontario Securities Commission said use of AI in capital markets is …

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Crescent Point plans $1.05B to $1.15B in development capital expenditures for 2024

By Staff The Canadian Press Posted September 11, 2023 8:43 am Descrease article font size Increase article font size Crescent Point Energy Corp. says it plans to spend $1.05 billion to $1.15 billion on development capital expenditures next year. Based on the plan, the company says it expects annual average …

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Why a downtown Ottawa Senators arena could be a ‘game changer’ for the capital

  Much of the circus has died down around the Ottawa Senators after a courting process that saw Canadian business moguls, Hollywood icons and rap royalty vie for a chance to own an NHL team in the nation’s capital. But with Toronto-based billionaire Michael Andlauer’s group close to locking down …

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