Daily News

Source: Financialpost November 18, 2022

Philip Cross: Trudeau runs Ottawa like a Silicon Valley startup

Burn through cash and hope for a moonshot Prime Minister Trudeau recently questioned the viability of exporting liquified natural gas from Canada’s East Coast to Europe, saying there has “never been a strong business case” for such projects — e...

Source: Financialpost November 18, 2022

Pension managers cry foul as Ottawa moves to end bond that tracks inflation

Removing it just when it is needed the most TORONTO — Canada is facing pressure to reverse its decision to end issuing real return bonds, a product pension plans rely on to ensure that inflation, currently at its most volatile in decades, does...

Source: Financialpost November 18, 2022

COP27 goes into overtime as Canada continues to face criticism on oil and gas stance

Guilbeault resists heavy lobbying from India and others to sign final agreement committing to complete phaseout of fossil fuels Environment Minister Steven Guilbeault, a former environmental activist who is seen as an enemy by much of the oil a...

Source: Financialpost November 18, 2022

Howard Levitt: Halton school board has the power to ban trans teacher’s outfit, it’s just too scared to use it

Recognizing gender identity does not permit vulgarity or sexualization By Howard Levitt and Peter Carey  We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from...

Source: BNN Bloomberg November 17, 2022

U.S. stocks end day lower as Fed pivot hopes diminish

U.S. stocks declined after strong retail sales data and comments from at least two Federal Reserve speakers recast bets that the central bank’s policy tightening regime is nearing an end.  About 68 per cent of S&P 500 companies ended Wednesday’s session lo...

Market Call Source: BNN Bloomberg November 17, 2022

Kim Bolton's Top Picks: November 16, 2022

Kim Bolton, president and portfolio manager, Black Swan Dexteritas FOCUS: Technology stocks  MARKET OUTLOOK: If you thought things were going to calm down after the U.S. midterms, think again. No later than two days after Americans voted, financial...

Source: Financialpost November 17, 2022

If you disagree with a CRA assessment, make sure you file an objection on time — or else

Jamie Golombek: For these taxpayers, skipping step of filing objections to CRA proved fatal to their Tax Court cases Reviews and recommendations are unbiased and products are independently selected. Postmedia may earn an affiliate commission fro...

Source: Financialpost November 17, 2022

Backed by Airbus and Air Canada, company says it's closer to pulling carbon from the sky

B.C.-based Carbon Engineering specializes in direct air capture technology Canada’s Carbon Engineering Ltd. said an undisclosed investment from Airbus S.E. will accelerate the industrial-scale deployment of its proprietary direct air capture te...

Source: Financialpost November 17, 2022

Saskatchewan First Nation accuses U.S. miner of extracting potash without providing 'benefit' to community

Kahkewistahaw First Nation chief said Mosaic has failed to live up to the 'very basic' Indigenous rights engagement A Saskatchewan First Nation has accused U.S. miner Mosaic Co. of extracting “billions of dollars” worth of potash from its land...

Source: Financialpost November 17, 2022

William Watson: Beer is a good place to start the tax revolt

We don’t want governments that are inflation-normalizers Anything that makes people mad as hell about high taxes — as my colleague John Ivison clearly is about the upcoming indexed increase in the federal excise tax on beer — is a good thing. A...