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Retail industry praises GST holiday but says it may be 'laborious' for some

Retail industry praises GST holiday but says it may be 'laborious' for some

Ottawa's list of qualifying goods is lengthy and wide ranging as it includes diapers and kids clothes, but also items such as newspapers, plush dolls, English muffins and bottled water.
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Next U.S. ambassador Hoekstra 'easier to do business' with: former envoy

Next U.S. ambassador Hoekstra 'easier to do business' with: former envoy

OTTAWA 鈥� Foreign Affairs Minister M茅lanie Joly welcomed president-elect Donald Trump's pick for the next U.S. ambassador in Ottawa, a former longtime Michigan congressional representative who voted for NAFTA and later wavered on new free trade deals.
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Alberta forecasts $4.6-billion surplus in budget update, but braces for uncertainty

Alberta forecasts $4.6-billion surplus in budget update, but braces for uncertainty

EDMONTON 鈥� Alberta is forecasting a $4.6-billion surplus for this fiscal year, but Finance Minister Nate Horner says "mounting pressures" threaten to soon put the province in the red.
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Average rate on a 30-year mortgage in the US rises to highest level since July

Average rate on a 30-year mortgage in the US rises to highest level since July

The average rate on a 30-year mortgage in the U.S. edged closer to 7% this week, climbing to its highest level since July. The rate rose to 6.84% from 6.78% last week, mortgage buyer Freddie Mac said Thursday.
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Liberal MP accuses opposition MPs of wasting time on another Boissonnault probe

Liberal MP accuses opposition MPs of wasting time on another Boissonnault probe

OTTAWA 鈥� A Liberal MP says his committee colleagues are wasting time by launching a third inquiry into the former employment minister instead of focusing on important legislation for Indigenous Peoples.
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CRTC opens consultation on whether Big 3 telecoms can sell wholesale fibre internet

CRTC opens consultation on whether Big 3 telecoms can sell wholesale fibre internet

OTTAWA 鈥� Canada's telecommunications regulator has launched a consultation to determine whether the country's Big 3 providers should be able access wholesale fibre internet services.
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When others ran from the musical, Jon M. Chu and 'Wicked' embraced it

When others ran from the musical, Jon M. Chu and 'Wicked' embraced it

NEW YORK (AP) 鈥� 鈥淢usical鈥� has been a dirty word lately in Hollywood marketing, but 鈥淲icked鈥� director Jon M. Chu isn鈥檛 having it.
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Economists say temporary tax cut, relief cheques play into rosier growth picture

Economists say temporary tax cut, relief cheques play into rosier growth picture

TORONTO 鈥� The federal government's "meaty" move to pause federal sales tax on a long list of items and send cheques to millions of 91原创s this spring could factor into an improving outlook for growth in 2025, economists say.
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S&P/TSX composite index gains more than 350 points, U.S. stock markets also rise

S&P/TSX composite index gains more than 350 points, U.S. stock markets also rise

TORONTO 鈥� Canada's main stock index gained more than 350 points Thursday in a broad rally led by energy and technology stocks, while U.S. markets also rose, led by a one-per-cent gain on the Dow. The S&P/TSX composite index closed up 354.
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Northvolt says Quebec battery plant will proceed despite bankruptcy filing

Northvolt says Quebec battery plant will proceed despite bankruptcy filing

MONTREAL 鈥� Northvolt AB has filed for bankruptcy protection in the United States, but said the move will not jeopardize the manufacturer's planned electric vehicle battery plant in Quebec 鈥� though hundreds of millions of taxpayer dollars invested in
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