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[By Bianca Bharti, Financial Post] The Bank of Canada delivered a steep hike of the overnight interest rate on July 13 as it wrestles to get decades-high inflation under control. Governor Tiff Macklem and his deputies raised the policy rate by a full percentage point, bringing the interest rate up from 1.5 per cent to … Read more
[By Linda Leatherdale, The Toronto Sun] What a cruel joke to play on cash-strapped, pandemic-weary Canadians. Effective April Fool’s Day, our elected officials in Ottawa are giving themselves fat-cat pay raises. Calculations by the Canadian Taxpayers Federation show Prime Minister Justin Trudeau, who earns a whopping $365,200 a year, will get an extra $6,400. Backbenchers, … Read more
[By Melissa Shin, Investment Executive] The federal government has enacted several measures aimed at mitigating the financial impacts of Covid-19. Here are the highlights.
[By Jamie Golombek, Financial Post] The federal government this past week announced a variety of tax measures to help Canadians facing hardship as a result of the COVID-19 outbreak. Here’s a quick summary of the major tax changes affecting individuals.
The Government of Canada is taking immediate, significant and decisive action to help Canadians facing hardship as a result of the COVID-19 outbreak. On March 18, 2020, the Prime Minister announced a new set of economic measures to help stabilize the economy during this challenging period. These measures, delivered as part of the Government of … Read more
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