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Romania's new government approves new economic plan aimed at slashing deficit, state spending
Romania’s new coalition government approves a new economic plan aimed at keeping government budget deficits under control for the upcoming 2025 fiscal year.
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Changes in the form of taxes, payments, deductions, and more are coming next year
We’re also tracking your year end finances this morning and it’s certainly been a difficult year for many Canadians with their finances. Will the new year be any different? There are changes coming in the form of taxes, payments and...
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Financial benefits for lower-income Canadians, seniors coming in 2025
The new year will bring new financial changes in the form of taxes, payments, deductions, and more. The laundry list of changes includes an increase in tax brackets and a decrease in employment insurance on pay stubs.
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Trump keeps taunting Canada as ‘51st state,’ claims win on border
As U.S. president-elect Donald Trump continues to taunt Canadians, saying they should become the 51st state, he’s also claiming a win on the border. A statement from the Trump team said: ‘President-elect Trump has done more to secure our...
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St. John's holds line on most taxes in new budget
The City of St. John's has tabled a balanced budget for 2025, with increased spending in areas like capital works and Metrobus — and a decrease in funding to St. John's Sports and Entertainment. The city's 2025 budget comes in at $349.1...
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CBC's Political Panel discusses new affordability measures in Saskatchewan
Adam Hunter covers politics for CBC Saskatchewan. Murray Mandryk writes a political column in the Regina Leader-Post/Saskatoon Star Phoenix. Stefani Langenegger is the host of CBC's Morning Edition.
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Are your tax dollars going where they’re supposed to? State Capitol committee aims to find out
A new government oversight and accountability committee will scrutinize dozens of state agencies’ contracts and spending – including a State Pier renovation that’s at least $210 million over budget.
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Youth advocates: Nearly $1 billion proposal could cut teen crime and boost Connecticut’s economy
The price tag is steep, but supporters said the cost of doing nothing is just as high – in terms of school dropouts, unfilled jobs and youth crime.
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Mount Vernon budget looks to raise taxes nearly 5%
Residents expressed several concerns about this at Tuesday's open discussion meeting about the city budget.
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PM Trudeau briefs opposition leaders on meeting with Trump
Canadian leaders are pressing for unity in the face of U.S. tariffs, but there are still clear partisan divisions.
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Federal properties payments decision looming.
The City of Ottawa is anxiously waiting for a federal court decision that could be worth millions of dollars per year. Finance staff argue the federal government is shortchanging them. As Elyse Skura reports ... it all comes down to...
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NLLANDDISPUTENOV29
For decades, a family paid taxes on a parcel of land in Paradise. But one sibling ran into big problems with the Crown Lands division after attempting to take ownership. This just a week after the provincial government finalized...
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The land was in his family for decades. According to the government, they don’t own it
A Portugal Cove-St. Philip’s man has found himself at odds with the Newfoundland and Labrador government over a parcel of land that’s been in his family since the 1980s.
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Will an Edmonton property tax hike help or hurt local businesses?
Doug Griffiths, Edmonton Chamber of Commerce CEO, says Edmonton can better manage the tax dollars it gets — and that an eight per cent property tax increase may not be the financial solution the city is looking for.
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Tax increase may be coming for some municipalities after hike in OPP costs
Hawkesbury Mayor Robert Lefebvre says the town is being charged 20 per cent more for policing next year compared to this year, meaning property taxes have to rise to cover the difference.
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Mount Pleasant residents speak out about a possible property tax increase
This is comes after the town wants to pass a local law authorizing the town to exceed the 2% tax cap for the 2025 budget.
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It’s good, it can be better, and skepticism. St. John’s shoppers talk tax holiday
The CBC’s Julia Israel spoke with people perusing goods and services at the St. John’s Farmers’ Market about the GST/HST break on many items that’s in effect until mid-February.
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New report says illegal cigarette sales diverting Alberta tax revenue
A report from consulting firm Ernst & Young, commissioned by the Convenience Industry Council of Canada (CICC), analyzed the illegal tobacco industry in five provinces. It says Alberta smokers are spending less on legal cigarettes and...
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Why Calgary’s budget was a 2025 election primer
More than just a debate about taxes and spending, The CBC’s Helen Pike talks to an expert about how budget deliberations set the stage for Calgary politicians hoping to run for the 2025 civic election.
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U.S. President-elect Trump tabs former Michigan congressman as his envoy to Canada
U.S. President-elect Donald Trump has made his selection for Washington's ambassador to Canada.
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Liberals, NDP pass bill to enact 2-month GST holiday
The House of Commons has passed legislation that will remove the federal sales tax for two months starting Dec. 14 from a range of items, including children's toys, books, restaurant meals and takeout, as well as beer and wine.
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Pardon of Hunter Biden not surprising, says former federal prosecutor N
U.S. President Joe Biden issuing a sweeping pardon for his son Hunter is not surprising, says criminal defence lawyer and former federal prosecutor Amy Lee Copeland, but the president's statement saying 'raw politics has infected' his...
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Councillor Andre Chabot discusses call for budget changes to try and lower property tax hike
Andre Chabot is one of five city councillors who plan to introduce 20 amendments to the budget are aimed at reducing spending. He is also a big supporter of eliminating the proposed one per cent tax shift from business to residential...
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Trudeau government announces 2-month GST pause on some goods
Prime Minister Justin Trudeau has announced the federal government is pausing the GST on a wide array of products from Dec. 14 to Feb. 15, as part of a suite of new measures meant to alleviate cost-of-living pressures. The government...