News
The Government of Canada has released early estimates indicating that the country's greenhouse gas emissions for 2023 have decreased to 694 megatonnes. This represents a reduction of 6 megatonnes from the previous year, comparable to taking over 1.8 million cars off the road for a year. These
News
The Canadian government has unveiled a new initiative aimed at enhancing border security and refining the immigration system, with a financial commitment of $1.3 billion. This announcement was made by the Honourable Dominic LeBlanc, Minister of Finance and Intergovernmental Affairs, the Honourable Marc Miller, Minister of Immigration, Refugees and
News
Canada is advancing its clean electricity generation, with 85% of its power currently derived from clean energy sources such as hydropower, wind, solar, and nuclear. This information is based on a recent government release, which outlines the country's strategy to provide affordable and reliable electricity to support economic
News
The Government of Canada has issued the 2024 Fall Economic Statement, detailing several national investment plans and policy updates. Released on December 16, 2024, the statement outlines initiatives focusing on expanding the social safety net, housing development, and reducing costs for essential services. The statement specifies investments aimed at improving
News
The Canadian government has introduced new mortgage reforms intended to address the challenges faced by prospective homeowners, particularly younger generations. These reforms, which government officials have described as the most significant in decades, aim to make the housing market more accessible for Canadians, especially Millennials and Gen Z. According to
News
The Government of Canada has announced plans to address a surplus in the public service pension fund. According to a statement by Anita Anand, President of the Treasury Board, the public service pension plan is currently in a surplus position of approximately $1.9 billion as of March 31, 2024.
News
The Canadian government has announced proposed changes to the Scientific Research and Experimental Development (SR&ED) Tax Incentive Program. These changes aim to increase support for small and medium-sized businesses in Canada to invest in research and development. The SR&ED program currently provides a 15% non-refundable tax
News
The Canadian government has announced that Bill C-78, known as the Tax Break for All Canadians Act, has received Royal Assent. This legislation will temporarily remove the Goods and Services Tax (GST) and Harmonized Sales Tax (HST) on certain holiday essentials. The tax exemption will be in effect from December
News
The Canadian Coast Guard has concluded its 2024 Arctic operational season. During this period, the Coast Guard conducted 39 commercial escorts and 49 helicopter-based ice reconnaissance missions. The Marine Communications and Traffic Services Centre in Iqaluit closed on December 10, 2024, and will reopen in May 2025. Until then, the
News
The Canadian government has introduced Bill C-78, known as the Tax Break for All Canadians Act, which proposes a temporary tax exemption on certain goods. This initiative is set to run from December 14, 2024, to February 15, 2025, and aims to provide financial relief to Canadians by exempting Goods
News
The Canada Border Services Agency (CBSA) has reported on its enforcement activities in Northern Ontario from January 1 to October 31, 2024. During this period, CBSA officers seized 73 firearms and over 180 other weapons, including prohibited knives and stun guns. Additionally, there were 745 narcotics seizures, with significant quantities
News
The Canada Border Services Agency (CBSA) has reported its activities for 2024, highlighting its role in managing Canada's borders. The agency operates at 1,200 ports of entry across the country, with approximately 8,500 frontline employees. Between January 1 and October 31, 2024, the CBSA processed 4.