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National News
National News
Ottawa defers effective date of capital gains changes to 2026, promises exemptions
The federal government says it is deferring the implementation of a hike to the capital gains inclusion rate to next year and plans to introduce new exemptions to ensure most middle-class Canadians do not pay more tax if the rate becomes official.
Jan 31, 2025 1:40 PM
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Google payments for news organizations to begin later than expected
Canadian journalism organizations are having to wait a bit longer for their share of the $100 million Google agreed to pay news outlets to be exempt from the Online News Act.
Jan 31, 2025 12:36 PM
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Carney vows to kill consumer carbon pricing, shift to green incentives
OTTAWA — Liberal leadership contender Mark Carney is backing away from Prime Minister Justin Trudeau's consumer carbon pricing regime but will keep industrial pricing in place.
Jan 31, 2025 12:16 PM
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Chrystia Freeland says Canada should target Elon Musk's Tesla in a tariff fight
OTTAWA — Liberal leadership candidate Chrystia Freeland says Ottawa should target Tesla vehicles and U.S. alcohol as part of its tariff retaliation package to send a message that an attack on Canadian trade would not be cost-free for Trump's allies.
Jan 31, 2025 9:56 AM
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StatCan estimates GDP rebounded at year-end but uncertainties mount for economy
OTTAWA — The Canadian economy contracted in November, but preliminary estimates point to a rebound at the end of the year as the country faces an uncertain future with U.S.
Jan 31, 2025 8:55 AM
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Jaime Battiste drops out of running for Liberal leadership
OTTAWA — Nova Scotia Liberal MP Jaime Battiste says he is dropping out of the Liberal party leadership race and backing former central banker Mark Carney.
Jan 31, 2025 5:48 AM
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Health minister calls on NDP to give Liberals more time to sign pharmacare deals
OTTAWA — Health Minister Mark Holland is calling on the federal NDP to give the Liberal government more time in power to sign bilateral deals on pharmacare. "I would put it back to (NDP Leader) Jagmeet Singh ...
Jan 31, 2025 5:45 AM
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In the news today: Ministers make pitch to avert Trump tariffs
Here is a roundup of stories from The Canadian Press designed to bring you up to speed... Ministers make pitch to avert Trump tariffs A trio of federal cabinet ministers is in Washington today making a last-ditch attempt to stop U.S.
Jan 31, 2025 1:15 AM
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How Trump's foreign policy could shape Canada's approach to aid, trade and intel
OTTAWA — U.S. President Donald Trump's "America First" changes to foreign policy could have drastic consequences for Canada's approach to aid, trade, intelligence and diplomacy.
Jan 31, 2025 1:00 AM
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International study permit data an 'earthquake' for Canadian university finances
A dramatic decline in international study permits issued last year is quickly becoming an existential threat to the finances of Canadian post-secondary schools, say organizations representing the institutions.
Jan 31, 2025 1:00 AM
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