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Economy, Law & Politics

B.C. woman who donated to ‘tax shelter scheme’ denied tax relief

B.C. woman who donated to ‘tax shelter scheme’ denied tax relief

Federal judge denied Laila McMillan's request for a judicial review of a Canada Revenue Agency decision that denied tax relief on interest going back to 2005.
April 1 carbon tax hike to be cancelled

April 1 carbon tax hike to be cancelled

Premier David Eby announces B.C. carbon tax to be eliminated in line with new federal policy
Prime Minister Mark Carney's government terminates consumer carbon price

Prime Minister Mark Carney's government terminates consumer carbon price

OTTAWA — Prime Minister Mark Carney's first move after taking office on Friday was to eliminate the consumer carbon price, undoing Justin Trudeau's signature climate policy.
Elon Musk slams B.C.’s Tesla charger rebate ban

Elon Musk slams B.C.’s Tesla charger rebate ban

B.C. removes BC Hydro charger rebates for Tesla products but appears to keep other U.S. manufacturers, for political reasons
Carney says his government starts in a moment of crisis in Canada-U.S. relations

Carney says his government starts in a moment of crisis in Canada-U.S. relations

OTTAWA — Mark Carney was sworn in as Canada's 24th prime minister in a ceremony at Rideau Hall on Friday morning, along with a leaner Liberal cabinet that he said is focused on "meeting the moment" and facing down the threat posed by U.S.
TSX, U.S. markets rally Friday, gold price tops US$3,000 an ounce for first time

TSX, U.S. markets rally Friday, gold price tops US$3,000 an ounce for first time

TORONTO — Canada's main stock index gained 1.5 per cent Friday, rallying alongside U.S. markets to end an otherwise grim week for equities, while the price of gold topped US$3,000 an ounce for the first time ever. It’s been almost two weeks since U.
Rob Shaw: Eby pushes 'sweeping' economic powers to fight tariffs

Rob Shaw: Eby pushes 'sweeping' economic powers to fight tariffs

In this week's political round-up, the B.C. government wants to tighten control over economy but takes a cautious approach to forced treatment
Joly talks tariffs with U.S. Secretary of State at G7

Joly talks tariffs with U.S. Secretary of State at G7

WASHINGTON, Ont. — Foreign Affairs Minister Mélanie Joly said Friday she has spoken with her American counterpart about tariffs and trade as U.S. President Donald Trump continues to target Canada with threats of annexation and devastating duties.
Canadian officials say meeting with U.S. commerce secretary was constructive

Canadian officials say meeting with U.S. commerce secretary was constructive

WASHINGTON — Canadian officials said a Thursday meeting with U.S. Commerce Secretary Howard Lutnick was constructive and lowered temperatures amid the ongoing trade war launched by U.S.
Mark Carney set to become prime minister and name his cabinet this morning

Mark Carney set to become prime minister and name his cabinet this morning

OTTAWA — Mark Carney will be sworn in as prime minister this morning at Rideau Hall, where he will also reveal his new cabinet. Carney won the Liberal leadership race last weekend with an overwhelming 86 per cent of the votes from Liberal members.
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