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Retail industry praises GST holiday but says it may be 'laborious' for some

Retail industry praises GST holiday but says it may be 'laborious' for some

A temporary pause on charging the federal sales tax on many items has retailers excited, even though they say preparing for the relief will mean a lot of extra work in a short period of time.
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SEC Chair Gary Gensler, who led US crackdown on cryptocurrencies, to step down

SEC Chair Gary Gensler, who led US crackdown on cryptocurrencies, to step down

Securities and Exchange Commission Chair Gary Gensler, who was aggressive in his oversight of cryptocurrencies, will step down from his post on January 20.
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Which items will be tax-free under the Liberals' promised GST/HST break?

Which items will be tax-free under the Liberals' promised GST/HST break?

The government on Thursday announced a sweeping promise to make groceries, children's clothing, Christmas trees, restaurant meals and more free from GST/HST between Dec. 14 and Feb. 15.
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Liberals plan to give $250 cheques to millions of Canadians, cut GST over holidays

Liberals plan to give $250 cheques to millions of Canadians, cut GST over holidays

OTTAWA — The Liberal government plans to temporarily lift the federal sales tax off a slew of items just in time for Christmas and send cheques to millions of Canadians this spring, Prime Minister Justin Trudeau announced on Thursday.
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SEC chair Gensler to step down on January 20

SEC chair Gensler to step down on January 20

Securities and Exchange Commission Chair Gary Gensler will step down from his post on January 20. Since taking the lead at the SEC, the commission was aggressive in its oversight of cryptocurrencies and other regulatory issues.
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Bitcoin is at the doorstep of $100,000 as post-election rally rolls on

Bitcoin is at the doorstep of $100,000 as post-election rally rolls on

NEW YORK (AP) — Bitcoin topped $98,000 for the first time Thursday, extending a streak of record after record highs since the U.S. presidential election. The cryptocurrency has rocketed more than 40% in just two weeks.
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Alberta forecasts $4.6-billion surplus in budget update, but braces for uncertainty

Alberta forecasts $4.6-billion surplus in budget update, but braces for uncertainty

EDMONTON — The Alberta government is forecasting a $4.6-billion surplus this fiscal year, but Finance Minister Nate Horner says Alberta's in for a "challenging" future. The government's second-quarter fiscal update says just $2.
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Average rate on a 30-year mortgage in the US rises to highest level since July

Average rate on a 30-year mortgage in the US rises to highest level since July

The average rate on a 30-year mortgage in the U.S. edged closer to 7% this week, climbing to its highest level since July. The rate rose to 6.84% from 6.78% last week, mortgage buyer Freddie Mac said Thursday.
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Quebec fiscal update: $2.1B in new spending, end of tax credit for some older workers

Quebec fiscal update: $2.1B in new spending, end of tax credit for some older workers

QUÉBEC — Quebec's finance minister has tabled an economic update with $2.1 billion in new spending over five years amid what Eric Girard describes as a stronger-than-expected recovery from last year's economic slowdown.
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Taylor Swift to kick off final three Toronto shows as Eras Tour heads toward finale

Taylor Swift to kick off final three Toronto shows as Eras Tour heads toward finale

TORONTO — Taylor Swift is throwing another party in Toronto as her celebrated Eras Tour heads into its final three nights in the city. The pop superstar will pack the Rogers Centre full of Swifties tonight, Friday and Saturday.
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