Finance Minister Chrystia Freeland’s fourth budget delivers a big-ticket housing program for millennials and Generation Z voters — a multi-billion dollar commitment to be paid for in part with a tax hike on the rich and corporate Canada.
Hamilton, Halton, Niagara and area news from CHCH - Hamilton, Halton, and Niagara news.. Finance Minister Chrystia Freeland is promising billions in new spending in the federal budget, while also laying more taxes on the highest earners. Freeland announced this year’s federal budget inside the House of Commons Tuesday afternoon. After weeks of teasing many budgetary items, the Liberal government unveiled its plans on how it intends to offset […]
Heading into this week’s federal budget, one question loomed large: would new spending fuel inflation and make it harder for the Bank of Canada to start cutting interest rates?
Toronto Mayor Olivia Chow welcomed the federal government’s housing-focused budget but was disappointed that there was no money for the TTC Line 2’s subway cars. “There’s quite a lot in here,” Chow said about the budget at a press conference on Tuesday. “Which means, for Torontonians, we can start building housing -- and some percentage of it will be affordable.” The budget tabled Tuesday includes $4 million over two years for Canada Lands Company to support new modular housing projects,...
NEW MEXICO (KRQE) – The Bureau of Land Management (BLM) has announced revised rules for oil and gas leasing on federal land. And some advocates in New Mexico say the rules help New Mexico. The BLM leases land across the southwest to oil and gas companies. The rules and framework governing those leases haven't been updated in []
Columbus City Utilities is taking steps to prepare for new federal limits on long-lasting and highly toxic chemicals that are linked to cancer and other illnesses and were detected in the city’s lone water source last year. Continue reading at The Republic News.
Hamilton, Halton, Niagara and area news from CHCH - Hamilton, Halton, and Niagara news.. Budget 2024… titled “Fairness for Every Generation.” It has people talking online because the federal Liberals are spending more than $52 billion more than planned over the next five years. With interest rates at a 20-year high, Ottawa’s cost to borrow has spiked from just over $20 billion in 2020 to a whopping $54.1 billion […]
The Federal Environmental Protection Agency has announced new, stringent limits for levels of PFAS contamination in drinking water, setting the maximum limit to barely detectable levels alongside funding to help detect and eliminate these forever chemicals.
All signs point to a hold on the official cash rate at 5.5 per cent when the Reserve Bank of New Zealand meets for the second time this year. The nine members of the New Zealand Institute of Economic Research’s shadow board are all tipping no change to the rate as are economists at Kiwi […]
Gold boosted to new records as China beefs up reserves! (Third column, 13th story, link)
Puffer Finance secures $18 million in funding round led by Brevan Howard Digital and Electric Capital. Crypto exchanges Coinbase and Kraken also invest in the Ethereum liquid restaking protocol. Puffer Finance, an Ethereum liquid staking protocol on Eigenlayer, has raised $18 million in its latest funding round. An announcement on Tuesday says Brevan Howard Digital […]
(The Center Square) – Washington state government spending increased 169% from 1991 to 2023. The state’s total spending was $12.21 billion in 1991 and increased to $73.59 billion in 2023. When adjusted for inflation, that accounts for the 169% increase. That's according to budget documents provided online by the state. The migration of people to Washington over the past 32 years has triggered a dramatic increase in the number of state workers. ...