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$535B budget projects $39.8B deficit, aims to restore economic fairness

$535B budget projects $39.8B deficit, aims to restore economic fairness

OTTAWA — The 2024 federal budget will provide "generational fairness" to younger Canadians by raising taxes on those who have already capitalized on Canada's economic strengths, Finance Minister Chrystia Freeland said Tuesday as she tabled the docume
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Government documents confirm coal lobbying on Rockies mining, show months of planning

Government documents confirm coal lobbying on Rockies mining, show months of planning

EDMONTON — Documents released under Alberta Freedom of Information laws confirm the United Conservative Party government was talking with the coal industry about relaxing a policy that protected the Rocky Mountains from open-pit mines long before mak
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TSX down almost 100 points, U.S. markets mixed amid ongoing interest rate angst

TSX down almost 100 points, U.S. markets mixed amid ongoing interest rate angst

TORONTO — Weakness in several sectors including financials and utilities led Canada's main stock index down almost 100 points Tuesday, while U.S. markets were mixed after a choppy day of trading. U.S.
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Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (21,642.87, down 97.33 points): Toronto-Dominion Bank. (TSX:TD). Finance. Down 37 cents, or 0.48 per cent, to $77.57 on 13.
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Airline caterers go on strike, affecting travellers on flights via Pearson airport

Airline caterers go on strike, affecting travellers on flights via Pearson airport

About 800 airline food service staff at Toronto's Pearson airport went on strike Tuesday, leaving thousands of passengers without meals.
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Some of the key highlights from the Liberal government's 2024 federal budget

Some of the key highlights from the Liberal government's 2024 federal budget

OTTAWA — Finance Minister Chrystia Freeland introduced the 2024 federal budget on Tuesday. Some key highlights: Housing In hopes of building nearly 3.
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In federal budget, Ottawa looks to Canada Post land for building housing supply

In federal budget, Ottawa looks to Canada Post land for building housing supply

OTTAWA — The federal government is eyeing underutilized Canada Post and National Defence properties as a way to deliver affordability and supply to the country's housing market.
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Price growth at restaurants outpacing grocery inflation as businesses struggle

Price growth at restaurants outpacing grocery inflation as businesses struggle

Restaurant price inflation has been outpacing grocery inflation for months, a sign that business owners continue to grapple with higher costs, said Restaurants Canada.
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Fed's Powell: Elevated inflation will likely delay rate cuts this year

Fed's Powell: Elevated inflation will likely delay rate cuts this year

WASHINGTON (AP) — Federal Reserve Chair Jerome Powell cautioned Tuesday that persistently elevated inflation will likely delay any Fed interest rate cuts until later this year, opening the door to a period of higher-for-longer rates.
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Hockey business is booming as the NHL bounces back from the pandemic in a big way

Hockey business is booming as the NHL bounces back from the pandemic in a big way

NEW YORK (AP) — Arenas are full, the NHL is a fixture on TV screens across North America, highlight-reel goals are talking points on a near-daily basis and “The Pat McAfee Show” even has a segment called “Hockey is Awesome.
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