The federal government is banking on a suite of new tax credits, a clean electricity grid and the carbon tax to spur the transition to a clean economy and counter […]
Author: Consultant
Budget targets billions from banks with change to dividend tax
Ottawa is planning to raise billions of dollars from banks and insurers through a change in tax rules on dividends that financial institutions receive from Canadian companies.The Liberal government delivered […]
Ottawa loosens fiscal restraints with new spending
Slower economic growth and higher public spending are straining Ottawa’s bottom line, as the Liberal government’s 2023 budget announced billions in new spending on clean technology and an expanded national dental […]
Saudi Arabia takes step to join China-led security bloc, as ties with Beijing strengthen
Saudi Arabia’s cabinet on Tuesday approved a memorandum awarding Riyadh the status of dialogue partner in the Shanghai Cooperation Organization. The SCO is a political, security and trade alliance that […]
Lucid to cut 1,300 workers amid signs of flagging demand for its EVs
Lucid said in a regulatory filing that it is cutting about 18% of its workforce, or roughly 1,300 workers. In a letter to employees, CEO Peter Rawlinson said the job […]
Ukraine war live updates: German and British tanks arrive in Ukraine; Russia fires supersonic missiles off Japan’s coast
The first shipment of German and British tanks have arrived in Ukraine, ahead of an expected spring counter-offensive.Ukraine’s defense ministry said British Challenger 2 tanks had arrived in Ukraine, while […]
Some young Canadians are downsizing their homes to cut back on their expenses
Last month, Chelsea Hunt and her husband concluded that the cost of living had skyrocketed to a point where they could no longer afford to stay in their apartment and […]
25 Low-volatility Canadian stocks to weather stormy markets (G&M)
Last year was a difficult one in financial markets and 2023 hasn’t faired much better so far. Silicon Valley Bank recently experienced a bank run and was taken over by […]
Shoppers Drug Mart moves away from medical cannabis, will transfer patients to Avicanna
Shoppers Drug Mart Inc. is moving away from its medical cannabis distribution business and preparing to transfer patients to a platform run by biopharmaceutical company Avicanna Inc AVCN-T +1.33%increase.The pharmacy chain owned […]