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Will Trudeau's temporary tax holiday really help families? | Canada Tonight
On Thursday, Prime Minister Justin Trudeau announced new measures that would aim to help families with the increasing cost of living. But how impactful will these measures be? Leila Sarangi, national director of Campaign 2000 discusses...
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The divide over how best to boost housing supply in Toronto and Hamilton
A number of recent reports point to a dramatic slow down of new home construction in the Greater Toronto and Hamilton Area. Interest rates, construction, material and labour costs are all being blamed. New home and condo builders say...
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Why isn’t Toronto building more housing?
With construction of new homes stalled, developers and the City of Toronto are divided over how to best boost housing supply. CBC’s Shannon Martin explains.
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Ottawa's draft municipal budget tabled
Ottawa taxpayers facing 3.9% tax hike, 5% hike in transit fares in 2025 budget.
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Afghan Pomegranate Exports Drop as Pakistan Increases Tariffs
Afghan pomegranate farmers in Kandahar are facing significant financial hardship as Pakistan increases tariffs on fresh fruit. In 2024, the tax on a ton of pomegranates surged to $360 from $68 last year.
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These EU countries have the highest tax-to-GDP ratio
Tax-to-GDP ratio has seen a slight decline across the EU in 2023. However, trends varied significantly amongst different countries.
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Tired of tipping? Some Quebec restaurants are doing away with it
Tipping is ingrained in North American restaurant culture, and some customers feel the pressure to tip more, and more often, is growing. But some establishments have decided things work better — including for their employees — if tips...
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Trump sets Aug. 1 date for new tariffs, leaves room for negotiation
New tariffs to begin Aug. 1, with potential for further hikes if affected nations retaliate, President Trump warns in Truth Social announcement. (Scripps News)
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House could vote as soon as Wednesday on Trump spending bill
President Trump's legislation that alters taxes, Medicaid, and more, but could get a House vote as soon as Wednesday. (Scripps News)
Press Association
Kemi Badenoch speaks at British Chambers of Commerce Annual Global Conference - full speech and Q&A
Kemi Badenoch has said welfare spending is “out of control” and that the Prime Minister is in the “fight of his life” as Labour MPs threaten to rebel over planned reforms. “Welfare spending is out of control. The state is bloated,...
Press Association
Starmer acknowledges burdens on businesses after government tax hikes
Sir Keir Starmer acknowledged the burdens that had been placed on businesses after the Government hiked taxes. The Prime Minister also said trade deals with the US, India and the European Union had “restored our identity” on the world...
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Financial impact of tax bill versions
Trump's 'big, beautiful bill' is under scrutiny as family finances could shift based on differences in the House and Senate versions, particularly tax credits and deductions. (Scripps News)
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Trump's 'big, beautiful bill' in limbo over deduction for state and local taxes
The Senate's first draft changes to Trump's 'big, beautiful bill,' are threatening its viability, with some Republican lawmakers rejecting a proposed cap on state and local tax deductions. (Scripps News)
Press Association
Reeves pumps money into NHS as critics warn future tax rises 'almost inevitable'
Chancellor Rachel Reeves put a £29 billion-a-year rise in NHS funding at the heart of her spending plans but other Whitehall budgets will be squeezed and experts warned tax rises may be needed later this year. Ms Reeves acknowledged that...
Press Association
Shadow Exchequer Secretary predicts more tax rises after spending review
Shadow Exchequer Secretary to the Treasury, James Wild, says more tax rises are likely to come in the autumn in order to pay for the increased budget, following Chancellor Rachel Reeves delivering her spending review on Wednesday.
Press Association
Richard Tice 'concerned' about 'wasteful' spending review
Reform UK deputy leader Richard Tice has criticised the Chancellor's spending review suggesting some aspects are "wasteful" and expects "inevitable" tax rises in the future.
Press Association
Rachel Reeves leaves 11 Downing Street to deliver spending review
Two angles of chancellor of the Exchequer Rachel Reeves leaving 11 Downing Street, London, ahead of delivering her spending review in the House of Commons.
Press Association
Prime Minister and Chancellor leave Downing Street ahead of the spending review
Chancellor of the Exchequer Rachel Reeves leaves 11 Downing Street, London, ahead of delivering her spending review in the House of Commons. The Prime Minister, Sir Keir Starmer also leaves 10 Downing Street for Prime Minister's Questions.
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'No tax on tips' promise remains a sticking point as Senate grapples with spending bill
Senate Republicans are still deeply divided over how to cut the cost of the so-called big beautiful bill. Proposals to eliminate taxes on tips and overtime remain a sticking point. (Scripps News)
Press Association
Cabinet arrive at Downing Street after defence spending review - HD version
Members of the Cabinet arrive at Number 10 Downing Street for a meeting with Prime Minister Sir Keir Starmer. Arrivals include: Angela Rayner, Jonathan Reynolds, Bridget Phillipson, Liz Kendall, Steve Reed, Lisa Nandy, Ian Murray,...
Press Association
Members of Cabinet arrive at Downing Street for meeting with PM
Government ministers depart Number 10 Downing Street after a Cabinet meeting with Prime Minister Sir Keir Starmer. Departures in order of appearance: Ed Miliband, Liz Kendall, Baroness (Angela) Smith, Steve Reed, Jonathan Reynolds, Lisa...
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Trump's 'Big, Beautiful Bill' approved by House after overnight session
After the House Rules Committee approved the legislation late Wednesday, Republicans narrowly passed the bill early Thursday morning. (Scripps News)
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House members debate through overnight hours over proposed tax cuts bill
Republicans aim to unite behind Trump's spending bill despite internal disagreements over key provisions like Medicaid changes. (Scripps News)
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President Trump heads to lobby GOP for support of big, beautiful bill
As President Trump prepares to address lawmakers, divisions within the GOP linger over critical changes to Medicaid and new immigration fees in the proposed tax bill. (Scripps News)