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Feds outline $83B in clean economy tax credits in bid to compete with U.S. incentive

Feds outline $83B in clean economy tax credits in bid to compete with U.S. incentive

OTTAWA — Serious money is heading for Canadian industries looking to reduce emissions after the federal government unveiled its answer to the U.S. Inflation Reduction Act.
Budget 2023: Liberals add foreign interference office, new money-laundering rules

Budget 2023: Liberals add foreign interference office, new money-laundering rules

OTTAWA — Prime Minister Justin Trudeau's Liberal government plans to launch a National Counter-Foreign Interference Office, amid ongoing scrutiny of allegations that Beijing interfered in recent federal elections.
Budget 2023: Key highlights from the federal Liberals' spending plan

Budget 2023: Key highlights from the federal Liberals' spending plan

OTTAWA — The federal Liberal government has released a 2023-24 spending plan that prioritizes spending on health care, transitioning Canadian businesses to a clean economy and offering affordability measures to help Canadians dealing with high prices
Budget 2023: What you missed, from phone chargers and concert fees to air travel

Budget 2023: What you missed, from phone chargers and concert fees to air travel

OTTAWA — For Canadians fed up with chargers that don't fit their cellphones, hidden fees, air-travel disruptions and cosmetic testing on animals, the Liberal government says help is on the way.
Budget 2023: Ottawa threatens to freeze U.S. firms from green tax credits, contracts

Budget 2023: Ottawa threatens to freeze U.S. firms from green tax credits, contracts

Ottawa is threatening a tit-for-tat with Washington over green tax credits and government procurement policies that risk freezing out Canadian businesses.
Budget 2023: Liberals follow through on big promises in deal with NDP

Budget 2023: Liberals follow through on big promises in deal with NDP

OTTAWA — The Liberal government has continued to fulfil its promises to the NDP within its second federal budget since the parties struck a confidence-and-supply agreement in March 2022.
Stocks edge lower as Wall Street regains some stability

Stocks edge lower as Wall Street regains some stability

NEW YORK (AP) — Weakness for some Big Tech stocks tugged Wall Street a bit lower, but the market overall was mixed and regaining some stability at the tail end of what’s been a turmoil-filled month. The S&P 500 fell 0.2% Tuesday.
Republicans, Democrats spar on Capitol Hill over Canada-U.S. migration 'crisis'

Republicans, Democrats spar on Capitol Hill over Canada-U.S. migration 'crisis'

WASHINGTON — The two sides in an escalating political war over irregular immigration in the United States squared off Tuesday along what for them was a largely unfamiliar front: the 8,900 kilometres of the Canada-U.S. border.
Fed official: Bank rules under review in wake of SVB failure

Fed official: Bank rules under review in wake of SVB failure

WASHINGTON (AP) — The Federal Reserve’s bank supervisors warned Silicon Valley Bank’s management as early as the fall of 2021 of risks stemming from its unusual business model, a top Fed official said Tuesday, but its managers failed to take the step
French police counter protest violence; trash strike ends

French police counter protest violence; trash strike ends

PARIS (AP) — Bolstered French police forces clashed with demonstrators in numerous cities Tuesday as hundred of thousands of marchers protested President Emmanuel Macron's unpopular retirement reform.