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Prorogation upends capital gains proposal but CRA yet to offer guidance

Prorogation upends capital gains proposal but CRA yet to offer guidance

Justin Trudeau's decision to step down and prorogue Parliament will keep his government from implementing its proposed changes to capital gains for now, but Canadians might not be off the hook with tax collectors just yet.
Labour board reverses ruling on ferry service for B.C. communities dependent on them

Labour board reverses ruling on ferry service for B.C. communities dependent on them

VANCOUVER — A resident of Glade, B.C., says the small community is "on a knife's edge" despite a temporary reprieve from disruptions in the cable ferry service serving as its only link to "basic necessities of life.
Alberta Energy Regulator lacks evidence for tailings spill cleanup claims: study

Alberta Energy Regulator lacks evidence for tailings spill cleanup claims: study

EDMONTON — A new analysis of a decade's worth of data kept by Alberta’s oil and gas regulator suggests the agency has made unsubstantiated claims about the success of oilsands tailings spills cleanup. "Their own data, their ...
McDonald's is the latest company to roll back diversity goals

McDonald's is the latest company to roll back diversity goals

Four years after launching a push for more diversity in its ranks, McDonald’s is ending some of its diversity practices, citing a U.S. Supreme Court decision that outlawed affirmative action in college admissions.
Alberta announces new effort to expand oil and gas pipeline capacity with Enbridge

Alberta announces new effort to expand oil and gas pipeline capacity with Enbridge

CALGARY — The Alberta government is partnering with Calgary-based pipeline company Enbridge Inc. to increase the province's oil and gas pipeline capacity.
Suncor broke records for oil production in 2024, company says

Suncor broke records for oil production in 2024, company says

CALGARY — Suncor Energy Inc. says it broke its own record for oil and gas production in 2024. The Calgary-based energy giant says it achieved record annual production of 827,000 barrels per day, a 10.
S&P/TSX composite sees small loss Monday after Trudeau resignation, U.S. stocks mixed

S&P/TSX composite sees small loss Monday after Trudeau resignation, U.S. stocks mixed

TORONTO — Canada's main stock index closed slightly lower on Monday after Prime Minister Justin Trudeau officially announced he plans to step aside, while U.S. stock markets were mixed. “It was widely expected.
Bruising history with hydro projects hangs over Quebec energy debate in Newfoundland

Bruising history with hydro projects hangs over Quebec energy debate in Newfoundland

ST. JOHN'S, N.L.
Canadian oil stocks climb as industry absorbs news of Trudeau resignation

Canadian oil stocks climb as industry absorbs news of Trudeau resignation

CALGARY — Canadian oil and gas stocks climbed Monday on the news of Prime Minister Justin Trudeau's resignation, but analysts say the country's energy sector will still be challenged by uncertainty in the months to come.
Stock market today: Nvidia and other tech stocks pull Wall Street higher

Stock market today: Nvidia and other tech stocks pull Wall Street higher

NEW YORK (AP) — Rising technology stocks helped U.S. indexes recover more of their holiday-season slide that bridged the new year. The S&P 500 climbed 0.6% Monday, its second straight gain following five straight losses.