Trump rolls out sweeping tariffs as he deems deficits a 'national emergency' Trump made his way back to the White House in no small part because of his promise to better the economy. He's staking a large part of his agenda on broad-based tariffs.Apr...
People's Party of Canada leader Maxime Bernier, Liberal leader Justin Trudeau, Conservative leader Andrew Scheer, and Bloc Quebecois leader Yves-Francois Blanchet before the Federal leaders French language debate in Gatineau, Quebec,
Mexico and Canada are two of America’s top three trade partners. Last year, the US imported $475 billion worth of goods from Mexico and $418 billion from Canada, collectively accounting for 30% of the value of all the goods the US imported last year, according to federal trade data. Me...
Thus, while the spending initiatives in the federal budget are appropriate, they should have been offset through greater revenue mobilization. The increase in the capital gains inclusion rate improves the tax system… Consideration could be given to other changes—such as an increase in the GST rat...
Canada Could Be Heading towards Decades of Deficits, Federal Analysis WarnsDecades of budgetary deficits for Canada?--OTTAWA - Federal numbers released quietly by the...Blatchford, Andy
to provide universal coverage of the cost of prescription drugs. Debt is projected to fall from 46.5% of GDP last year to 41.5% in 2026-27. But the government should do more to restrain deficits “when times are good”, says Ms Young. She argues that the government’s plans to sustain...
Trump’s fixation on trade deficits could lead to a significant shake-up in the global economy. He appears intent on generating tariff income to support the legislative groundwork for corporate tax cuts. His “national security” justification may lack substance, but it could still trigger sweeping...
Section 2(a) of the U.S. Order provides that: “all articles that are products of Canada as defined by theFederal Registernotice described in subsection (e) of this section (Federal Registernotice), and except for [Canadian energy or energy resources], shall ...
Shoemaker says the government could direct more sports-betting revenue to NSOs. A Deloitte report released in 2024 stated the second year of regulated gambling in Ontario alone produced $380 million in federal government revenue. “That tax revenue could more than cover what we need as a contrib...
Canada will likely report a budget deficit of C$363 billion, or 17% of gross domestic product, in the fiscal year that ended March 31, according to the federal spending watchdog. Another C$150 billion budget gap is projected this year, according to the average forecast from a Bloomberg su...