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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.
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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
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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
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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
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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
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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
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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.
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On December 8, 2024, the Canada Border Services Agency (CBSA) reported that three individuals escaped from the Laval Immigration Holding Centre located at 300 Montée Saint-François in Laval, Quebec. The individuals involved are Chilean nationals identified as Bryan Ulises Moya Rojas, Diego Nicolas Flores Sepulveda, and Daniel Eliseo Gonzalez Ihrig.
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The Canadian government has announced an extension to the list of prohibited assault-style firearms, as part of ongoing efforts to regulate gun control. This decision, effective December 5, 2024, includes an amnesty order valid until October 30, 2025, allowing businesses and owners time to comply with the new regulations. The
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Health Canada has published the results of the 2024 Canadian Cannabis Survey (CCS), which gathered data from April 4 to July 2, 2024. The survey aims to provide insights into Canadians' knowledge, attitudes, and behaviors regarding cannabis use. Key findings from the survey include: * A continued decline in the
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The Canadian government has announced a new initiative to enhance the country's artificial intelligence (AI) capabilities. The Canadian Sovereign AI Compute Strategy, launched by the Minister of Innovation, Science and Industry, François-Philippe Champagne, aims to invest up to $2 billion to bolster AI infrastructure. This funding, outlined in
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Environment and Climate Change Canada has released its winter seasonal outlook for 2024-2025. The forecast indicates that temperatures are expected to be close to or above normal across the northern and eastern regions of Canada. In contrast, the western regions may experience a warm start to the season, followed by