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Doug Ford pledges $22 billion in stimulus package if re-elected as Ontario premier

Doug Ford pledges $22 billion in stimulus package if re-elected as Ontario premier

Two of Ontario’s main party leaders focused their attention south of the border Friday with American tariffs possibly hours away, while a third set her sights on shoring up local votes with transit pledges.
Ottawa defers effective date of capital gains changes to 2026, promises exemptions

Ottawa defers effective date of capital gains changes to 2026, promises exemptions

The federal government says it is deferring the implementation of a hike to the capital gains inclusion rate to next year and plans to introduce new exemptions to ensure most middle-class Canadians do not pay more tax if the rate becomes official.
Google payments for news organizations to begin later than expected

Google payments for news organizations to begin later than expected

Canadian journalism organizations are having to wait a bit longer for their share of the $100 million Google agreed to pay news outlets to be exempt from the Online 51ºÚÁÏ Act.
Carney vows to kill consumer carbon pricing, shift to green incentives

Carney vows to kill consumer carbon pricing, shift to green incentives

OTTAWA — Liberal leadership contender Mark Carney is backing away from Prime Minister Justin Trudeau's consumer carbon pricing regime but will keep industrial pricing in place.
Chrystia Freeland says Canada should target Elon Musk's Tesla in a tariff fight

Chrystia Freeland says Canada should target Elon Musk's Tesla in a tariff fight

OTTAWA — Liberal leadership candidate Chrystia Freeland says Ottawa should target Tesla vehicles and U.S. alcohol as part of its tariff retaliation package to send a message that an attack on Canadian trade would not be cost-free for Trump's allies.
StatCan estimates GDP rebounded at year-end but uncertainties mount for economy

StatCan estimates GDP rebounded at year-end but uncertainties mount for economy

OTTAWA — The Canadian economy contracted in November, but preliminary estimates point to a rebound at the end of the year as the country faces an uncertain future with U.S.
Jaime Battiste drops out of running for Liberal leadership

Jaime Battiste drops out of running for Liberal leadership

OTTAWA — Nova Scotia Liberal MP Jaime Battiste says he is dropping out of the Liberal party leadership race and backing former central banker Mark Carney.
Health minister calls on NDP to give Liberals more time to sign pharmacare deals

Health minister calls on NDP to give Liberals more time to sign pharmacare deals

OTTAWA — Health Minister Mark Holland is calling on the federal NDP to give the Liberal government more time in power to sign bilateral deals on pharmacare. "I would put it back to (NDP Leader) Jagmeet Singh ...
In the news today: Ministers make pitch to avert Trump tariffs

In the news today: Ministers make pitch to avert Trump tariffs

Here is a roundup of stories from The Canadian Press designed to bring you up to speed... Ministers make pitch to avert Trump tariffs A trio of federal cabinet ministers is in Washington today making a last-ditch attempt to stop U.S.
International study permit data an 'earthquake' for Canadian university finances

International study permit data an 'earthquake' for Canadian university finances

A dramatic decline in international study permits issued last year is quickly becoming an existential threat to the finances of Canadian post-secondary schools, say organizations representing the institutions.
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