The Liberal government's changes to capital gains taxation came into effect Tuesday, despite significant pushback from business and physicians' groups. Finance Minister Chrystia Freeland's spring budget proposed making two-thirds of capital gains the profit made on the sale of assets such as a secondary residence or stocks taxable, rather than one-half. For individuals' capital gains of $250,000 or less, the inclusion rate would remain the same, at 50 per cent. At a time when the Liberals are looking to woo back young voters, Prime Minister Justin Trudeau has pitched the effective tax increase

Prime Minister Justin Trudeau says he hears the concerns and frustrations of voters in the wake of a crushing byelection defeat in a Liberal stronghold riding. Liberals had held Toronto-St. Paul's for more than 30 years, but lost it to the Conservatives in Monday's byelection, sparking speculation about the future of the party and Trudeau's political fortunes. In a statement, the prime minister says he has much more hard work ahead of him to deliver tangible progress Canadians can see and feel. Deputy Prime Minister Chrystia Freeland expressed her support for Trudeau to stay on as party leader

Delhi Chief Minister Arvind Kejriwal will remain in Tihar Jail for the time being. The High Court on Tuesday refused to grant bail in the money laundering case related to the Delhi liquor scam. The High Court held that the arguments were not properly presented, and therefore set aside the decision of the Rouse Avenue court. In a strong comment, the high court said that looking at the trial court's decision, it appears that judgment was not exercised while granting bail to Kejriwal, the court should have given the ED adequate opportunity to argue.

A rift has arisen between Punjab Congress president Amarinder Singh Raja Waring and working president Bharat Bhushan Ashu. After Waring won the Lok Sabha elections, Ashu and Waring have not met even once. Ashu even Dr. Lok Sabha Member of Fatehgarh Sahib. When Amar Singh won, he took a photo with him and put it on Facebook but did not share any such post about the waring. Yesterday, when Raja Waring held a meeting with Congress workers and office-bearers at Ludhiana, state Congress working president Bharat Bhushan Ashu did not even attend the meeting. When the journalists asked Waring that A

In a stunning early morning upset, Conservative candidate Don Stewart secured a byelection victory in the longtime Liberal stronghold of Toronto - St. Paul's. Stewart won by just 590 votes over Liberal Leslie Church in a surprise win for Pierre Poilievre and his Conservatives once all the polls reported early Tuesday morning. Stewart trailed Church for hours overnight as poll workers slowly counted ballots that were stacked with independent candidates, thanks to a protest group trying to make a point about the first-past-the-post system. But the results flipped just before 4 a.m. when Tories j

The Delhi High Court will pronounce its decision tomorrow afternoon on whether the bail granted to Delhi Chief Minister Arvind Kejriwal by the Rouse Avenue Court remains intact or not. The Rouse Avenue Court had granted bail to Kejriwal on June 20, but the High Court stayed the order on the petition of the ED. After hearing the arguments of both the sides, the court said that the verdict will be pronounced on June 24 or 25 and the bail will remain suspended until then. Kejriwal had also filed a petition in the Supreme Court, but the Supreme Court said that the decision of the High Court in th

New projections by Statistics Canada suggest the nation's population could reach 63 million by 2073, with the number of people aged 85 or older set to triple. The agency says migration will be the key driver of population increase under all scenarios, while natural growth only plays a "marginal role" as the population ages and fertility rates remain low. It says the population will rise from about 40 million in 2023 to a range of 47 million to 87 million over the next half a century, with 63 million being the medium-growth forecast. The population of people aged 85 and over would increase from

In the T20 World Cup today, India has made a place in the semi-finals by winning the competition from Australia by 24 runs. Team India had given a target of 206 runs, but in response, the Australian team managed to score only 181 runs with the loss of 7 wickets. In this match, where the captain Rohit Sharma played an innings of 92 runs while batting, at the same time, the bowlers led by Arshdeep Singh sent the Australian batsmen to the pavilion one after the other. Arshdeep Singh took three wickets, spinner Kuldeep Yadav took two wickets. Let us tell that in today's match, Rohit Sharma was t

Finance Minister Chrystia Freeland is expected to announce this morning a plan for potential tariffs to protect Canada's electric vehicle supply chain from unfair Chinese competition. Freeland and International Trade Minister Mary Ng are making a joint announcement this morning following moves this spring by both the United States and Europe to hike import tariffs on Chinese-made EVs. Before Canada can impose new tariffs, an anti-subsidy investigation must be completed by the Canadian International Trade Tribunal. Currently, the only Chinese-made EVs imported into Canada are Teslas made at the