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Economy, Law & Politics

B.C. government targets 'profiteers' with legislation to bring in 20% flipping tax

B.C. government targets 'profiteers' with legislation to bring in 20% flipping tax

VICTORIA — British Columbia has tabled legislation to enact a 20 per cent flipping tax on those who sell their home within the first year of ownership.
Most Canadians back strong measures to curb plastics, poll finds

Most Canadians back strong measures to curb plastics, poll finds

While a majority of Canadians backed measures to curb plastic pollution, the country often fell well below the global average.
RBC becomes bigger bank, and bigger target, as it closes HSBC Canada deal

RBC becomes bigger bank, and bigger target, as it closes HSBC Canada deal

TORONTO — Royal Bank of Canada has reinforced its status as Canada’s biggest companyafter successfully navigating its takeover of HSBC Canada, making it an even bigger target for critics.
S&P/TSX composite ticks higher Wednesday, U.S. stock markets mixed

S&P/TSX composite ticks higher Wednesday, U.S. stock markets mixed

TORONTO — Strength in energy and base metal stocks helped lift Canada's main stock index on Wednesday, while U.S. stock markets were mixed but held relatively steady.
Opinion: B.C.'s carbon tax plan needs a reset

Opinion: B.C.'s carbon tax plan needs a reset

Small businesses and households are struggling to manage a growing carbon tax burden
These companies have laid off Canadian workers in 2024

These companies have laid off Canadian workers in 2024

Canadians are continuing to be laid off as part of a wave of job cuts that began in 2023 as companies assessed their operations after the height of the COVID-19 pandemic passed.
Rob Shaw: Manitoba NDP to ditch carbon tax as BC NDP doubles down

Rob Shaw: Manitoba NDP to ditch carbon tax as BC NDP doubles down

As Pierre Poilievre brings 'axe the tax' tour to B.C., David Eby sticks to increasingly unpopular piece of B.C.'s climate strategy
Downtown Vancouver poised for growth amid challenges

Downtown Vancouver poised for growth amid challenges

Restaurant sector struggles while hoteliers enjoy highest occupancy and room rates in Canada
Foreign interference inquiry: Han Dong sought support from international students

Foreign interference inquiry: Han Dong sought support from international students

OTTAWA — Former Liberal Han Dong met with international students from China and encouraged them to register as Liberal members during his nomination race in 2019 — but the MP didn't mention that to an ongoing federal inquiry into foreign meddling unt
B.C. coastal First Nations form investment consortium

B.C. coastal First Nations form investment consortium

Coastal First Nations are open for business and looking for investment opportunities