Ontario delays balancing budget by another year as deficit grows
BNN Bloomberg » Politics
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1w ago
Ontario’s budget shortfall is projected to more than triple in the coming fiscal year, as the government of the most populous Canadian province delays its goal of balancing its budget by another year ..read more
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Trudeau creates fund for nonprofits to buy apartment buildings
BNN Bloomberg » Politics
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1w ago
Prime Minister Justin Trudeau’s government is creating a $1.5 billion (US$1.1 billion) program to help Canadian nonprofit organizations buy affordable apartment buildings and keep the rents down ..read more
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Economists defend Liberals' carbon price as political rhetoric heats up
BNN Bloomberg » Politics
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1w ago
Dozens of Canadian economists are issuing an ardent defence of Canada's price on carbon, as the government faces increased pressure from Opposition Conservatives and provincial premiers to pause a planned increase to the levy ..read more
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Trudeau unveils $2.4 billion package for Canada's AI sector
BNN Bloomberg » Politics
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1w ago
Canada is launching a fund to boost its artificial intelligence sector and creating a new AI safety institute as Prime Minister Justin Trudeau continues to roll out spending announcements in advance of a new budget ..read more
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CIBC sees Government of Canada bond issuance rising 22%
BNN Bloomberg » Politics
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2w ago
Justin Trudeau’s government will end up tapping the bond market for around $250 billion in debt next year, one of the country’s biggest lenders says ..read more
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Canada to toughen foreign investment rules for AI, space technology
BNN Bloomberg » Politics
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2w ago
Canada will tighten its scrutiny of foreign investments in artificial intelligence, quantum computing and space technology as the government expands its power to stall and block deals for national security reasons ..read more
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Trudeau's budget eyes young voters with affordable housing push
BNN Bloomberg » Politics
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2w ago
Housing will be the focus of Canada’s upcoming budget, with Finance Minister Chrystia Freeland emphasizing measures to speed up construction and boost the supply of affordable homes — possibly using government land to do it ..read more
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Trudeau promises low-cost loans to expand child care spaces
BNN Bloomberg » Politics
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2w ago
Prime Minister Justin Trudeau said his government will set aside $1 billion to provide low-cost loans for expanding and renovating child care spaces ..read more
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Cost of living emerges as most common issue in all but two provinces, survey shows
BNN Bloomberg » Politics
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1M ago
A new survey shows the cost of living is the most common issue facing residents in all but two provinces, and it suggests Canadians are not too thrilled with how their provincial government is handling it ..read more
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Politicians want more competition but supply management still a 'sacred cow'
BNN Bloomberg » Politics
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1M ago
When it comes to the supply management system for egg, poultry and dairy products — the mechanism that sets prices for producers — all of Canada's federal parties seem to see eye-to-eye ..read more
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