The Canadian government may introduce new tax incentives for small businesses in its federal budget, scheduled to be presented on November 5. While economists and business organizations are calling for major reforms to Canada's overall tax system to boost economic growth and investment, government signals suggest the upcoming budget may focus on targeted tax relief measures. Rebekah Young, a former Finance Department official and an economist at Scotiabank, also predicted in a recent report that the government is unlikely to undertake major tax reforms immediately. Instead, the budget could in

Prime Minister Mark Carney has taken a firm stance against U.S.-based Cleveland-Cliffs, warning that failing to honour the conditions and legal obligations agreed to during its acquisition of Canadian steelmaker Stelco would be a serious mistake. Speaking to reporters at a news conference in Montreal on Thursday, Carney was asked whether the federal government had made a mistake by approving the company's purchase of Stelco. He said the real mistake would be Cleveland-Cliffs failing to respect its employment commitments. Under the 2024 acquisition agreement, the company is legally obligated to

Canada’s economy remained stagnant for the second consecutive month, with no growth recorded in August, according to the latest data from Statistics Canada. Economists had expected the economy to grow by 0.2 per cent in August, following zero growth in July. However, real gross domestic product (GDP) remained unchanged. The slowdown was mainly driven by a 1.4 per cent decline in wholesale trade and weaker activity in the public sector. Some sectors, however, showed positive growth. Retail trade increased by 1.2 per cent, while the manufacturing sector also recorded growth. Meanwhile, Statist

Alberta’s United Conservative government has introduced a new bill aimed at standardizing school report cards across the province. Education Minister Demetrios Nicolaides introduced the legislation, which would give the government authority to establish provincewide guidelines for report cards. Speaking Thursday, Nicolaides said parents remain confused about the one-to-four grading system used in elementary schools, adding that addressing the issue is the province’s responsibility. However, he clarified that no final decision has been made on whether to introduce a letter-based grading sys

A suspect wanted in connection with the death of a 22-year-old man in an SUV collision near Oliver, B.C., last year has been arrested in Quebec. According to BC Highway Patrol, the incident occurred on June 15, 2025, on Highway 97 near Oliver. The driver allegedly fled the scene following the collision. The BC Prosecution Service approved charges against the driver, identified as Dominic Cavanagh-Latreille, in June this year. Following an investigation and tips from the public, BC Highway Patrol arrested the suspect earlier this month in Drummondville, Quebec, with assistance from local police