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Economy, Law & Politics

Federal budget closes a tax loophole popular with high-net-worth Canadians (updated)

Federal budget closes a tax loophole popular with high-net-worth Canadians (updated)

The budget promises to step up compliance of a rule that prevents investment income in a private corporation being taxed at the small business rate
Steady economic growth forecast for Canada in 2016: TD

Steady economic growth forecast for Canada in 2016: TD

The Canadian economy has been through a bit of a rough ride over the past year, but 2016 will likely see...
Budget 2016: B.C. business groups praise infrastructure spending, pan deficit

Budget 2016: B.C. business groups praise infrastructure spending, pan deficit

Business groups are offering muted praise for the Liberal’s first budget, which outlined plans for more spending and running big deficits for the next five years, but didn’t raise business taxes.
Budget 2016: Tech sector ‘relieved’ after Liberals ditch stock option tax plan

Budget 2016: Tech sector ‘relieved’ after Liberals ditch stock option tax plan

An election campaign promise to retool taxes on stock options has been shelved in the first federal budget put forward since the Liberals swept to power last fall.
Budget 2016: Broken tax-cut promise hurts small business

Budget 2016: Broken tax-cut promise hurts small business

CFIB calls budget “about as close as you can come to a betrayal as is humanly possible”
Budget 2016: Deficit comes in just shy of $30 billion for 2016

Budget 2016: Deficit comes in just shy of $30 billion for 2016

The Canadian government will run a $29.4 billion deficit this year and plans to continue to run deficits for...
Vancouver resident admits he engaged in “wash trades,” agrees to sanctions: BCSC

Vancouver resident admits he engaged in “wash trades,” agrees to sanctions: BCSC

Gordon Eberwein, a Vancouver resident and shareholder of Ottawa-based online loyalty rewards platform company Ackroo Inc.
B.C.’s labour market bulks up in February

B.C.’s labour market bulks up in February

With a strong labour market showing in February, B.C.’s economy looks to be regaining momentum after a late-2015 lull. Following a subdued pace since October and a mild January uptick, B.C. employment climbed by 14,100 persons to 2.
Vancouver brokerage business consolidation continues

Vancouver brokerage business consolidation continues

PI Financial Corp. acquires client accounts from Wolverton Securities and Global Securities Corp.
Startups navigate regulatory patchwork amid new equity crowdfunding rules

Startups navigate regulatory patchwork amid new equity crowdfunding rules

Six provinces introduced new regulations in January for online fundraising tools after other provinces brought in rules in 2015