Federal Government

Tax season for farms vary, depending on when the operation was incorporated. Some farms have their year-end in November and others in January for example. There are several firms that offer tax services for producers, including FBC. FBC is a national firm with locations in B.C. Alberta, Saskatchewan, Manitoba, Ontario, and Atlantic Canada, with FBC’s […]

Canadian premiers are taking up the Team Canada mantle in Washington this week on a joint mission to convince U.S. President Donald Trump to drop his tariff threats for good. The diplomatic push by the Council of the Federation, which includes all 13 provincial and territorial premiers, comes after the president signed executive orders Monday […]

Canada’s annual inflation rate fell to 1.8 per cent in December, thanks in large part to the federal government’s temporary tax break. Statistics Canada’s consumer price index report on Tuesday said restaurant food purchases, and alcohol bought from stores contributed the most to the deceleration. The federal government introduced a temporary pause on taxes to those items […]

The federal government has approved Bunge’s acquisition of Viterra, with conditions attached. The conditions, Transport Canada says in a news release published on Tuesday, are meant to “ensure that the acquisition will not have a negative impact on competition in Canada’s grain and oilseed sector, notably for grain purchasing in Western Canada and the sale […]

Statistics Canada says the economy grew 0.3 per cent in October, helped by strength in the mining, quarrying, and oil and gas extraction sector, following a 0.2 per cent increase in September. The agency says the growth came as services-producing industries grew 0.1 per cent for the month, marking the fifth straight month of increases.  […]

NEW YORK (AP) — The U.S. increasingly relies on Canadian crude oil to meet domestic demand and that relationship faces potential strain amid the threat of tariffs from President-elect Donald Trump. More than 50% of crude oil imported to the U.S. comes from Canada, up from 33% in 2013. The increase follows a jump in production from […]

The federal government has pushed its target to achieve a net-zero electricity grid back 15 years to 2050 as part of new clean electricity regulations announced Tuesday — though officials maintain that target date was always the goal. Canada had previously signalled an aim to fully decarbonize electricity grids by 2035. But some provinces, namely […]

The Liberals’ fall economic statement Monday is expected to show a larger-than-promised deficit and offer details on how the government will tackle the threat of U.S. tariffs ahead of Donald Trump’s inauguration in the new year. A senior government official said the fiscal update will include measures to incentivize business investment in Canada. The source, […]

Federal Labour Minister Steven MacKinnon says he is “calling a timeout” in the Canada Post strike, and asking the Canada Industrial Relations Board to send about 55,000 employees back to work. Mackinnon says the Crown corporation and the Canadian Union of Postal Workers are at an impasse after a nearly month-long work stoppage, and negotiations […]

Members of Parliament are set to vote on a government request for billions of dollars in funding as the clock ticks down on a deadline. Last month, the Liberals asked Parliament to approve $21.6 billion in spending through the supplementary estimates. The money will go to fund the First Nations child and family services program, […]