No Equity Tax, Promise

Cabinet will not tax Canadians’ home equity, the Commons finance committee was told last night. “Just for the record,” said Liberal MP Sean Fraser (Central Nova, N.S.), parliamentary secretary for finance: “Any suggestion to the contrary is entirely false.”

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Cannot Find Where $2B Went

The Commons finance committee is asking what became of billions spent to Covid-proof public school classrooms. The Canadian Teachers’ Federation yesterday said pandemic supplies have been scant, and teachers have paid out of pocket to keep children safe: “I’m shocked.”

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Will Find Homes For Parolees

CMHC yesterday said it is “exploring opportunities for ex-prisoners” to become homeowners. The federal insurer awarded a $246,000 grant for a research “lab” on finding suitable housing for parolees: “You can imagine the challenges they face in finding a place to live, especially with a criminal record.”

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16,000 Would Pay Wealth Tax

A proposed federal tax on “extreme wealth” would affect about 16,000 people, records show. Data indicate most Canadians with employee stock option deductions had claims worth an average $7,000: “There are so few people in the top one percent.”

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Health Canada Fails Audit

Auditors yesterday cited the Department of Health for failing to enforce federal laws on natural health products. The department rarely conducted spot inspections of wholesalers, failed to check products weren’t contaminated and “fell short of ensuring products are safe and effective,” said an audit by the Commissioner of the Environment: “Health Canada is responsible.”

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Mailed Votes “Key” This Year

An expected hundredfold increase in mail-in voting “would be key” in a 2021 federal election, says cabinet. Privy Council President Dominic LeBlanc in a letter to MPs called it a Covid precaution. A cabinet bill would allow mail-in ballots to be received up to a day after polls close: “Major increases in vote by mail would be a critical issue.”

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Covid-19 Hits Inflation Basket

Statistics Canada yesterday said it will update its benchmark Consumer Price Index to reflect pandemic prices. The agency yesterday doubled its official inflation rate to 2.2 percent nationwide: “We are planning another basket update this summer to better reflect changes.”

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Feds Won’t Detail Plastic Ban

Cabinet has not spelled out whether a pending federal ban on single-use bags and other plastic products will outlaw their manufacture in Canada, the Commons environment committee was told yesterday. The ban on six blacklisted items is to take effect by year’s end: “Are they going to actually not allow them to be manufactured?”

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Bankers’ IT Hack Cost $38M

An Ontario judge has approved millions in out-of-court settlement payments to CIBC and Bank of Montréal customers targeted by hackers in 2018. Security experts earlier told a parliamentary committee that banks are threatened daily by hackers: “There are things that are scary.”

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Goodale Appointed At $327K

Cabinet yesterday appointed Ralph Goodale as $327,000-a year High Commissioner to the United Kingdom. Goodale as an eight-term Liberal MP had criticized opponents for partisan patronage: “They are just butchering the taxpayers’ dollars to pump pork.”

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$4M To Help Answer Phones

Revenue Minister Diane Lebouthillier approved a multi-million dollar contract to have the private sector help tax agents answer the phone. It followed disclosures that wait times at Canada Revenue Agency call centres average almost half an hour: “Call centres provide an essential service.”

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MP Asks, ‘Who’s Been Fired?’

Iain Stewart, president of the Public Health Agency, yesterday said he was unaware of any executive being fired for pandemic mismanagement. Successive audits have cited the Agency for “confusion,” “limited public health expertise” and lack of preparedness though Parliament funded it at $675 million a year for pandemic management: “I can’t answer that question off the top of my head.”

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TO’s Big, But This Is Bigger

A federal aid program for homebuyers saw more loans approved in Medicine Hat, Alta., population 63,000, than Toronto. Critics had complained the program was so restrictive it was no help for buyers in the priciest cities: “Many were perplexed as to how this program would work.”

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Feds Let Us Down, Says CLC

Cabinet’s budget was a “major disappointment” on pharmacare, the president of the Canadian Labour Congress yesterday told the Commons finance committee. “People are struggling to access medication,” said Hassan Yussuff: “I really think people need to know.”

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