Any future Conservative cabinet will amend the Income Tax Act to reduce clawbacks on seniors who remain in the workforce by choice or necessity, Opposition Leader Pierre Poilievre said yesterday. The proposal follows a similar 2023 Commons committee recommendation endorsed by the Liberal cabinet but never enacted: “Workers who are over 65 bring lots of wisdom and insight.”
Canadians are about to witness one of the biggest wealth transfers in history, Statistics Canada said yesterday. Gifts and inheritances from homeowners to their children will create a “looming wave of interfamilial wealth transfer,” wrote analysts.
The Green Party yesterday would not comment on a Montréal-area candidate threatened with three eviction notices in three years for skipping the rent. The Party has acclaimed colourful candidates in the past: “We want to run a full slate.”
New Democrat leader Jagmeet Singh yesterday depicted the Prime Minister as a corporate rent gouger who profited from the housing crisis as chair of Brookfield Asset Management. “He personally profited,” Singh told reporters after speaking with Brookfield tenants: “Why would average Canadians trust him to fight the housing crisis?”
Prime Minister Mark Carney yesterday said he did not know why three-term MP Chandra Arya (Nepean, Ont.) was stripped of his nomination and disqualified as a Liberal leadership candidate. “We take this incredibly seriously,” said Carney, who took the Nepean nomination as his own in the April 28 general election: “Certain information came to light.”
Opposition Leader Pierre Poilievre yesterday proposed repeal of the GST on most new homes in Canada, all residences under $1.3 million. The maximum $65,000 tax break would be financed through elimination of current programs like the Housing Accelerator Fund deemed ineffective, he said: “Ten years ago a million dollars would have got you a castle on a mountain.”
A judge has dismissed a liability claim by the family of an Ontario high schooler who died weeks after taking a Covid shot. The Department of Health had no “duty of care” to individual Canadians inadvertently harmed by pandemic measures, said the Court: “A possible side effect of receiving a Covid-19 vaccine was death.”
An 80 percent increase in immigration rulings is clogging the docket in Federal Courts, records show. Administrators said “rising caseloads particularly in immigration matters” have slowed hearings for other plaintiffs seeking justice: “Ensuring Canadians have access to modern, safe and accessible Court facilities is integral to democracy.”
A majority of Canadians say illegal immigrants and refugee claimants receive too many federal benefits, according to internal research by the Canadian Museum for Human Rights. The findings followed in-house polling at the Department of Immigration that documented a collapse in support for high immigration quotas: “More research is needed to understand the roots of this trend.”
A deputy managing director of the Bank of Canada, Lori Rennison, yesterday had no comment after spending more than a quarter million on travel including business class flights from Brasilia to Marrakech. Rennison booked dozens of trips at the same time cabinet claimed to cut unnecessary travel: ‘It’s really important to be a fiscally responsible government.’
A Conservative cabinet would cut foreign aid, chop federal spending on consultants and reduce the federal payroll to finance a $14 billion break for all taxpayers, Opposition Leader Pierre Poilievre said yesterday. He proposed lowering the federal basic income tax bracket from 15 to 12.75 percent, the lowest rate in a generation: “Modest income people will save the most.”
Prime Minister Mark Carney yesterday said he has “over-complied” with ethics requirements but again refused to disclose his investments. Carney confirmed he held stock in two multinational corporations headquartered abroad but would not sell his holdings: ‘Why not just sell your shares?’
The number of homeless in shelters nationwide jumped 12 percent in a year, according to figures detailed in a Department of Infrastructure briefing note. No reason was given. Cabinet budgeted more than a half billion a year to aid the homeless: “Homeless people rarely have a fixed address, therefore are difficult to count.”
Prime Minister Mark Carney yesterday called a tax-time election on a promise of savings for every federal taxpayer in the nation. The measure, estimated to cost $6 billion, follows a Liberal leadership rival’s appeal that the Party “be honest with Canadians” over deficit spending: “It’s easy to say we’ll give you this and we’ll give you that, but let’s be clear: We do have a deficit.”
Cabinet must resort to a little-used law to run the prisons, pay the Army and keep passenger trains running during the election campaign. All budgeted funds voted by Parliament expire a week from today at midnight: “A minister must report an expenditure is urgently required.”
