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If looming 25 per cent tariffs on the auto industry go ahead on April 3 as previously announced by the U.S. government, experts say they’ll have a huge impact on the price of cars for Canadians. U.S. President Donald Trump’s administration announced last week that a 25 per cent tax …
Read More »What’s Trump’s price for averting tariffs? He didn’t tell Trudeau
Will Canada escape the potentially economy-smashing tariffs threatened by Donald Trump? If you can’t answer that question, congratulations, you’re in good company. It’s the multibillion-dollar enigma on the minds of some of the best-connected people in North America’s capitals. Trump has threatened a 25 per cent tariff on every product entering from …
Read More »Toronto jacks up the price for parking without paying – Toronto
Descrease article font size Increase article font size New, higher parking fines came into effect in Toronto, with drivers looking at penalties as high as $200 for some offences. The City of Toronto increased 123 separate offences on Thursday, Aug. 1, including for parking in bike lanes, failing to pay …
Read More »Original Ontario Line price didn’t include all costs: Metrolinx CEO
The initial price tag of Premier Doug Ford’s signature Ontario Line project left out key expenses, according to the head of the province’s transit planning agency, that would eventually double the cost of constructing and operating the transit line. The 15-kilometre transit line, announced by the Progressive Conservative government in …
Read More »PBO says he has been told not to disclose government’s carbon price analysis – National
Parliamentary Budget Officer Yves Giroux suggested the federal government is gagging him from sharing its own findings on the economic impact of the carbon price. During a Monday Finance Committee meeting, Giroux said the government has its own economic analysis, which he has seen but has not been released. “The …
Read More »Manitoba has a ‘strong case’ to review carbon price in province: Kinew
Manitoba Premier Wab Kinew says that it is time to take another look at how the federal carbon price, popularly known as the carbon tax, is applied in his province. “I think that there’s an argument that Manitoba is maybe one of the strongest cases you could make, that the …
Read More »Carbon price rebate rolling out to more Canadians. How much will you get?
Many more Canadians will begin receiving Ottawa’s climate action incentive payment starting Friday. Between July 14 and July 21, Canadians in Atlantic Canada, as well as in Ontario and the Prairies, will get the tax-free payment through the Canada Revenue Agency, which is meant to offset the cost of federal …
Read More »Average asking price for Canadian rental unit hits record high in June: report
By Staff The Canadian Press Posted July 13, 2023 10:34 am Descrease article font size Increase article font size TORONTO — A new report says the average asking price for a rental unit in Canada reached a record $2,042 last month amid continued interest rate hikes, population expansion and low …
Read More »Cannabis price ‘race to the bottom’ hurts market’s future: OCS CEO
By Staff The Canadian Press Posted June 1, 2023 11:31 am Descrease article font size Increase article font size TORONTO — The head of Ontario’s cannabis distributor says the “race to the bottom” happening with pot prices risks hurting the market’s future. Ontario Cannabis Store chief executive David Lobo says …
Read More »S&P/TSX composite down nearly 200 points as price of oil falls
By Staff The Canadian Press Posted May 30, 2023 11:45 am Descrease article font size Increase article font size Canada’s main stock index was down nearly 200 points as the price of oil fell and losses in the energy and base metal stocks helped lead the way lower. The S&P/TSX …
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