Tax haven investigation shows SNC-Lavalin has millions in offshore tax havens
According to the ICIJ, numerous Canadian companies, such as SNC-Lavalin, use Mauritius as an offshore haven to avoid paying taxes.
Premier Kenney announces the release of Alberta fiscal report amid talks of public sector cuts
In the announcement, Premier Kenney addressed the reality that wage or job cuts may have to be made based on the results of the panel, but it’s still an uncertainty.
SNC-Lavalin lowballed Ottawa City Council for winning light-rail bid, failed technical score
The latest documents provided by the city clerk also indicate SNC-Lavalin was the only one of six bidders who did not make the technical grade but was the lowest bidder, and by a long shot.
Canadian dollar drops to a six-week low, trade tensions to blame
As of 9:20 am on Wednesday, 7th of August, the loonie is down even further to CAD 1.334 for USD 1.
Average Canadian pays more in taxes than on basic necessities report reveals
In total, the average Canadian family spends 44.2% of its income exclusively on taxes, while their necessities — food, shelter, clothing, amenities, etc. — cost 36.3%.
Trump to approve U.S. import of Canadian pharmaceuticals
U.S. President Donald Trump has just announced his lifting of longstanding bans on foreign-produced pharmaceuticals from Canada and other countries.
Trudeau Liberals run $1.4 billion deficit in first two months of 2019-20
According to the report, “The Finance Department’s numbers show the combined shortfall for April and May 2019 came after government spending and public debt charges expanded at a pace about three times higher than revenues.
Capital One data breach: Millions of Canadians’ SIN numbers, credit scores and personal information compromised
A massive data breach has been reported by the credit company Capital One Financial Corp. In Canada, 6 million people…
Elon Musk’s Boring Company raises $120 million, achieving unicorn status in the process
Another company managed by Elon Musk has reached unicorn status.
Lack of transparency around Calgary Flames arena: Canadian Taxpayers Federation
“Many arenas have been built privately in Canada, and there’s no reason why it can’t be done in Calgary as well. So, Calgary can get the benefits of a new arena without having to risk taxpayer money on it.”