The House of Commons will hold its third confidence vote in a week today, this time on a motion introduced by the federal government itself. The Liberals are seeking parliamentary approval to move ahead with changes to the capital gains tax first announced in the spring budget. The capital gains inclusion rate, which determines how much profit is taxable, was adjusted in June. Today’s motion will allow the government to introduce legislation that formally enacts the change. Under the new rules, Canadians earning more than $250,000 in capital income in a year - such as from selling secondary

Finance Minister Chrystia Freeland says small and medium-sized business owners will receive their long-awaited carbon pricing refunds before the end of this year. According to the Finance Department, the federal government will distribute more than $2.5 billion to about 600,000 Canadian businesses in December. The refunds will return a portion of carbon price revenues collected between 2019–20 and 2023–24 in provinces where the federal fuel charge applies. The amount each business receives will depend on its province of operation and number of employees. The measure is part of Ottawa’s c

The Bloc Québécois is set to increase pressure on the federal government today by forcing a House of Commons debate on its proposal to raise Old Age Security (OAS) payments for all seniors. Bloc Leader Yves-François Blanchet has given the Liberal government until October 29 to approve the party’s $16-billion pension plan, warning that failure to do so will prompt him to begin talks with other opposition parties to bring down the minority government. Even if the Liberals agree, the move would likely only buy them a few months of Bloc support. Blanchet’s party plans to use its opposition

Law professors at McGill University have suspended their five-week-long strike, allowing classes to restart this week after the university and the faculty union agreed to resume negotiations. The Association of McGill Professors of Law and the university’s administration said they will work toward negotiating a joint collective agreement process alongside other faculty unions. Classes are expected to resume by October 3. The announcement came a day after McGill warned it could cancel the fall semester if no agreement was reached. However, a message sent to students Tuesday did not clarify wh

Workers in four provinces are seeing an increase in their paycheques today as new minimum wage rates take effect across Canada. In Ontario, the hourly rate is rising by 65 cents to $17.20, an adjustment linked to inflation. Saskatchewan’s minimum wage is increasing by one dollar to $15, matching Alberta’s rate - the lowest among all provinces. In Manitoba, the minimum wage is up by 50 cents to $15.80, following a formula in provincial law that ties annual increases to the previous year’s inflation rate. On Prince Edward Island, the hourly rate climbs by 60 cents to $16, following an earl

Prime Minister Justin Trudeau will be travelling to France next Thursday to attend the Francophonie summit. The meeting of French-speaking countries, which happens every two years, will be held on Oct. 4 and 5 in Villers-Cotterêts and Paris. The Prime Minister's Office says Trudeau will work with other heads of state to further shared priorities including democracy and human rights. Representatives from Ontario, New Brunswick, Nova Scotia and Quebec will also be at the meetings. Leaders are also expected to make a decision on applications to join the international francophonie body, including

Two Liberal ministers are inviting the NDP Leader to a briefing on carbon pricing so he can "better understand" how it helps fight climate change while putting more money back in families' pockets. In a letter sent to Jagmeet Singh today, Environment Minister Steven Guilbeault and Energy Minister Jonathan Wilkinson say it's very disappointing the NDP has fallen for what they call the Conservatives' "disinformation campaign" on the climate policy. At the NDP caucus retreat earlier this month, Singh wouldn't say whether his party would keep the consumer carbon price if it formed government. Sing

Statistics Canada says real gross domestic product grew 0.2 per cent in July, following essentially no change in June, helped by strength in the retail trade sector. The agency says the growth came as services-producing industries grew 0.2 per cent for the month. The retail trade sector was the largest contributor to overall growth in July as it gained one per cent, helped by the motor vehicles and parts dealers subsector which gained 2.8 per cent. The public sector aggregate, which includes the educational services, health care and social assistance, and public administration sectors, gained

Health Minister Adriana LaGrange says there's more work to be done before a new compensation contract for Alberta's doctors is finalized. LaGrange says she has to make sure the new deal, which was agreed to in part this past April, is sustainable. She says doctor compensation under the existing contract over the past few years has risen quicker than inflation and population growth and is currently over budget this year. The group representing Alberta's doctors have said the government is dragging its feet in implementing the new deal and putting patients' lives at risk in the pro