Finance
Canada’s five big banks join anti-hate advertising boycott of Facebook [UPDATED]
Scotiabank, RBC, CIBC, BMO and TD have pledged to stop purchasing ads on the site for the month.
Feds to consider non-traditional data as pandemic aid reworked: Morneau
Finance minister is working on changes to federal programs now estimated to cost about $153.7 billion.
Capital gains tax hike would cripple investment in Canada
Increasing the federal tax would be anti-investment, anti-entrepreneurship, anti-innovation and anti-green.
Bank of Canada’s independence key to aiding post COVID recovery: Wilkins
Actions aimed at ensuring businesses and individuals can access lines of credit and short-term loans.
Recurring federal deficits could be risky for future generations: study
Federal debt should reach $713 billion at the end of the current fiscal year and grow to $810 billion by 2024-2025.
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Environment, protecting economy key focus to 2020 budget: Morneau
Health care and safety issues, such as gun control, are also spending plan themes.
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Outspoken former federal cabinet minister John Crosbie dead at 88
Best known as an outspoken fisheries minister under Prime Minister Brian Mulroney.
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Canadian SMEs remain nimble in the face of change
Sponsored Content provided by PLANT partners: American Express SME Pulse Survey shows small and medium-sized enterprises are adapting to disruption and economic uncertainty Canadian business owners continuously face big challenges, from rapidly changing international trade policies, to evolving industry and…
Alberta to reduce spending 3%, but no cuts to health, education
Aims to balance the books in four years and reorient Alberta’s economy long after that.
Norwegian fund cuts four Canadian oil sands firms
Has reduced its tolerance threshold for companies with interests in the oil sands from 30% to 5%.
Premier Kenney says results of panel on Alberta finances coming in September
Kenney says he expects the panel will report that Alberta’s economy is spiralling down.
Bank of Canada to take over key interest rate benchmark for financial markets
The central bank says it will take over the administration of the Canadian Overnight Repo Rate Average, from financial markets data firm next year.
Poloz says stimulative rates needed for temporary soft patch
The central bank left its interest rate unchanged last month.
Sony quarterly profit rises on games, financial services
In recent quarters, Sony’s PlayStation 4 video game operations, especially software sales, have been doing well.
DavidsTea says unhappy shareholders have withdrawn lawsuit against co-founder
The lawsuit filed in July sought to have Herschel Segal removed as executive chairman.
