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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 — Alberta is forecasting a $4.6-billion surplus for this fiscal year, but Finance Minister Nate Horner says "mounting pressures" threaten to soon put the province in the red.
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Quebec fiscal update brings $2.1B in new spending, axes tax credit for older workers

Quebec fiscal update brings $2.1B in new spending, axes tax credit for older workers

QUÉBEC — Quebec Finance Minister Eric Girard tabled an economic update on Thursday with $2.1 billion in new spending over five years amid what he described as a stronger-than-expected recovery from last year's economic slowdown.
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As N.L. firm pivots, scientists say Canada's green hydrogen dreams are far-fetched

As N.L. firm pivots, scientists say Canada's green hydrogen dreams are far-fetched

ST. JOHN'S, N.L. — A Newfoundland energy company's embrace of data centres is raising doubts about eastern Canadian hopes of harnessing the region's howling winds to supply Germany with power from green hydrogen.
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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 is planning to give Canadians a tax break over the holidays and hand out billions of dollars in a move that two opposition leaders characterized as a trick to buy votes from frustrated people struggling with the high c
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Dynamite, Garage parent company makes debut on Toronto Stock Exchange

Dynamite, Garage parent company makes debut on Toronto Stock Exchange

Womenswear retailer Groupe Dynamite Inc has made its Toronto Stock Exchange debut. The Montreal-based firm behind the Dynamite and Garage stores began trading Thursday under the ticker GRGD.
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Northvolt says Quebec battery plant will proceed despite bankruptcy filing

Northvolt says Quebec battery plant will proceed despite bankruptcy filing

MONTREAL — Northvolt AB has filed for bankruptcy protection in the United States, but said the move will not jeopardize the manufacturer's planned electric vehicle battery plant in Quebec.
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Economist says temporary tax cut, relief cheques play into rosier growth picture

Economist says temporary tax cut, relief cheques play into rosier growth picture

TORONTO — The federal government's "meaty" move to pause federal sales tax on a long list of items and send cheques to millions of Canadians this spring could factor into an improving outlook for growth in 2025, one economist says.
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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 and other financial markets, will step down from his post on January 20.
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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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Cariboo Gold Mine in Wells, B.C., gets approval, but a First Nation is opposed

Cariboo Gold Mine in Wells, B.C., gets approval, but a First Nation is opposed

VICTORIA — An operating permit has been granted for the Cariboo Gold Mine in central British Columbia, a project that's expected to process 1.1 million tonnes of gold-bearing ore a year but is still opposed by a First Nation. The B.C.
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