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Liberals raise capital gains tax on wealthiest Canadians to pay for agenda

Liberals raise capital gains tax on wealthiest Canadians to pay for agenda

OTTAWA — Finance Minister Chrystia Freeland delivered a federal budget Tuesday that keeps the deficit capped at $40 billion, thanks to higher-than-expected government revenues and new taxes that largely offset billions in new spending.
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$535B budget projects $39.8B deficit, aims to restore economic fairness

$535B budget projects $39.8B deficit, aims to restore economic fairness

OTTAWA — The 2024 federal budget will provide "generational fairness" to younger Canadians by raising taxes on those who have already capitalized on Canada's economic strengths, Finance Minister Chrystia Freeland said Tuesday as she tabled the docume
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Quebec court approves class action alleging opioid makers misled users about risks

Quebec court approves class action alleging opioid makers misled users about risks

MONTREAL — A Quebec Superior Court judge has authorized a class-action lawsuit against 16 pharmaceutical companies that are alleged to have misled consumers about the efficacy and dangers of opioid medications.
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Government documents confirm coal lobbying on Rockies mining, show months of planning

Government documents confirm coal lobbying on Rockies mining, show months of planning

EDMONTON — Documents released under Alberta Freedom of Information laws confirm the United Conservative Party government was talking with the coal industry about relaxing a policy that protected the Rocky Mountains from open-pit mines long before mak
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In federal budget, Ottawa looks to Canada Post land for building housing supply

In federal budget, Ottawa looks to Canada Post land for building housing supply

OTTAWA — The federal government is eyeing underutilized Canada Post and National Defence properties as a way to deliver affordability and supply to the country's housing market.
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Budget 2024: Key numbers from the Liberals' latest spending plan

Budget 2024: Key numbers from the Liberals' latest spending plan

OTTAWA — Here are some key numbers from the Liberal government's federal budget: $535 billion: Total government spending for the 2024-25 financial year. $39.
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Some of the key highlights from the Liberal government's 2024 federal budget

Some of the key highlights from the Liberal government's 2024 federal budget

OTTAWA — Finance Minister Chrystia Freeland introduced the 2024 federal budget on Tuesday. Some key highlights: Housing In hopes of building nearly 3.
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Budget 2024: Liberals aim to hit the brakes on car theft with new criminal offences

Budget 2024: Liberals aim to hit the brakes on car theft with new criminal offences

OTTAWA — The federal government is going after car thieves in its latest budget, which proposes several new Criminal Code offences specific to auto thefts.
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Budget 2024: Liberals to dole out five years worth of carbon rebates to businesses

Budget 2024: Liberals to dole out five years worth of carbon rebates to businesses

OTTAWA — Small- and medium-sized business owners are set to receive a long-awaited refund from Ottawa, which was holding onto billions of dollars while it sorted out a way to deliver them their carbon pricing rebates.
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International competition for ideas on how to reuse old Montreal Olympic Stadium roof

International competition for ideas on how to reuse old Montreal Olympic Stadium roof

MONTREAL — The agency that oversees Montreal's Olympic Stadium is looking for ideas to reuse the components of the building's tattered, old roof — including membranes the size of 26 hockey rinks and cables 12 kilometres long.
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