Finance Minister Chrystia Freeland

The second instalment of this year’s national carbon price rebate will be deposited or mailed out to millions of households today. The Canada Carbon Rebate returns 90 per cent of the revenue collected by Ottawa from the consumer carbon levy to households in the eight provinces where it is paid. British Columbia and Quebec have […]

The Liberal government’s changes to capital gains taxation came into effect Tuesday, despite significant pushback from business and physicians’ groups. Finance Minister Chrystia Freeland’s spring budget proposed making two-thirds of capital gains — the profit made on the sale of assets such as a secondary residence or stocks — taxable, rather than one-half. For individuals’ capital gains of $250,000 or less, […]

Canada is prepared to contribute $5 billion toward a loan to Ukraine that will be based on future revenue from frozen Russian assets, a senior government source confirmed on Thursday. The source, who is not being named because they are not authorized to discuss details publicly, says G7 leaders are finalizing details of the loan. […]