Feds Wary On Condos, Study Curbs On Foreign Speculators

Cabinet is reviewing Australia-style restrictions on foreign investment in the Canadian condo market. Confidential documents indicate the federal mortgage insurer CMHC researched limits on foreign speculators in a bid to avert a condo crash: “Condos are effectively becoming rental buildings”.

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Paperless Label Is Introduced

Industry Canada has okayed paperless labels on electronic consumer goods. The department ruled effective immediately, retailers of products from cellphones to tablets are exempt from traditional labels in favour of digital consumer data in an e-label format. The change follows debate over the health impact of microwave radiation: “This looks like they’re trying to put out even less information”.

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CN ‘Near Monopoly’ Is Cited; Railway Loses Federal Ruling

Agri-business giant Louis Dreyfus Commodities Canada Ltd. has won a key federal ruling on rail regulation that is likely to be appealed to Federal Court. The Canadian Transportation Agency concluded the company failed to receive thousands of CN rail cars it ordered for deliveries at Prairie grain terminals last season: ‘It’s a monopoly situation’.

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No Federal Plan On Mercury

Nearly a year after ratifying an international treaty on mercury reduction, Environment Canada documents indicate regulators still lack any means of safely disposing of the toxin. The disclosure came in a consultation paper issued by the department: ‘It’s currently unknown’.

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Unifor Sues Feds On Pipeline

The energy workers’ union Unifor is suing to quash cabinet’s approval for the Northern Gateway Pipeline. In court documents the union argues the decision followed a flawed public review that ignored threats to the environment and fisheries: “Is this pipeline in the public interest or not?”

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Tax Conspiracy A Threat Say Feds: False Claims Hit $525M

Tax authorities have seen more than a half-billion dollars in bogus tax claims under an internet-fueled conspiracy movement, records reveal. Canada Revenue Agency counts thousands of participants in a national “tax protester” campaign they described as aggressive and costly. The agency files were released through Access To Information: “The tax protest movement appears to be on the rise”.

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Feds Finance Pot Grower

The federal Business Development Bank is embroiled in a lawsuit after unwittingly giving a $550,000 loan to an apparent drug front. The bank financed a garden supply company later raided by police as a wholesaler for marijuana grow-ops: “It is hard to imagine this as an operating commercial establishment”.

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Railway Regulation “A Joke”

The Canadian Transportation Agency has dealt “a big blow” to farmers with a narrow technical ruling dismissing complaints of poor rail service, says the Canadian Canola Growers Association. The group was among the first to file complaints under 2013 legislation that promised to hold Canada’s largest railways to strict terms of service contracts: ‘They can’t be held to account’.

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Cabinet Sets A Pension Clock

Cabinet is hiring consultants to develop a speedy “funding policy” for 313,000 employees’ pensions after proposing to cut benefits for government staff. The federal Treasury Board said a report is due by mid-2015 to consider “options regarding an appropriate funding policy structure”.

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Gov’t Says Yea On Liberal Bill

Cabinet is signalling rare support for a private Liberal bill, this one to simplify reporting of deaths to federal agencies. It follows a critical report that complained of red tape facing families who attempt to contact government departments to settle tax claims and cancel benefit cheques: ‘We think it’s common sense’.

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Card Execs Grilled Over Fees

Credit card executives have been grilled by the Senate banking committee over $5 billion-a year merchants’ fees charged for using Visa and MasterCard. Senators cautioned that years after cabinet introduced a voluntary Code Of Conduct on the industry, fees remain too high: “Enough is enough”.

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Claim “Chill” Over Drug Bill

A Conservative bill granting Health Canada new powers to recall unsafe medicines will put a “chill” on industry, executives say. Representatives testifying at a Senate committee said the bill giving regulators access to confidential industry data must be amended: ‘It includes trade secrets’.

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B.C. Fish Farms To Pay 10% Of Regulation: Federal Order

Long-awaited aquaculture fees will see British Columbia operators pay an estimated 10 percent of the cost of federal regulation. The fee schedule drafted over four years was quietly tabled in the Senate and will take effect by year’s end: “This looks like just another subsidy”.

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Anti-Counterfeit Bill Okayed

The Commons has passed an anti-counterfeiting bill amid fears of poor enforcement and onerous costs. Bill C-8 grants the Canada Border Services Agency new powers to seize, store and destroy black market goods: ‘You write a blank cheque to the government’.

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