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A long-awaited tariff announcement from U.S. President Donald Trump on Wednesday spurred confusion and concern in Canada’s automotive capital. The president, in a lengthy Rose Garden address at the White House, provided some relief to Canada by leaving it out of a list of nations facing new reciprocal tariffs from the …
Read More »Ukraine strikes Moscow in biggest drone attack on Russia’s capital
Ukraine on Tuesday launched its biggest ever drone attack on Moscow, killing three people, injuring 18 others and causing a short shutdown at the Russian capital’s four airports, Russian officials said. The dawn attack unfurled as U.S. officials were to meet a Ukrainian delegation in Saudi Arabia to seek an …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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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