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Stamp duty cut: rumoured property tax cut in Friday’s mini-Budget could push up mortgage bills
Ahead of Chancellor Kwasi Kwarteng’s mini-budget on Friday, The Times reported that radical plans to cut stamp duty are in the pipeline as part of efforts to boost economic growth. Downing Street refused to comment.But while home buyers...
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Armed woman breaks into Beirut bank demanding her savings
Desperate Lebanese are resorting to armed heists to retrieve money being withheld by banks
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Teaching kids to budget for back-to-school
Enoch Omololu, founder of personal finance website Savvy New Canadians, shares a back-to-school shopping strategy he's using this year: teaching his eight-year-old about choice and budgets.
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Tips for saving on back-to-school
Money expert Melissa Leong shares a host of strategies and tips for cutting costs when back-to-school shopping.
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Combating high grocery costs due to inflation
Tamara Kuly, a mother of two in Winnipeg, talks about how her family's grocery costs have almost doubled, and how they've had to adjust their habits in order to stay on budget.
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Ontario throne speech criticized for lack of health-care solutions
The Ontario government acknowledged stresses on the health-care system and economy, but was the government was criticized for not offering any new solutions.
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Chancellor’s economic plans will reward ‘already wealthy’, warns Rachel Reeves
Liz Truss and Kwasi Kwarteng are two “desperate gamblers chasing a losing run” with an economic plan rewarding the “already wealthy”, according to shadow chancellor Rachel Reeves.The Labour frontbencher took aim at the Prime Minister and...
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Ontario throne speech acknowledges health-care crunch, but offers no new solutions
The Ontario government admitted in its latest Throne Speech that the province’s health-care system and economy are stressed, but offered nothing new in terms of solutions.
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Netflix Reports Earnings, Loses Fewer Subscribers Than Feared
Netflix released its earnings report after market close and sending the streaming giant's stock upwards. The platform reported that it hadn't lost as many subscribers as originally predicted, providing a sense of relief for investors.
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Ontario’s pre-election budget makes pitch to voters
Ontario's Progressive Conservative government has released its pre-election budget — with billions in spending on infrastructure, and tax credits for seniors and low-income earners. But opposition parties argue the budget doesn’t go far...
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How are you fighting inflation?
Canadians on the streets of Toronto tell the CBC about the changes they're making to their household budgets to make ends meet right now.
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Tory leadership candidate Aitchison pledges to end Canada’s supply management system
Conservative Leadership Candidate Scott Aitchison joins Power & Politics to discuss his bid to be the party’s leader, including his position on supply management and the federal budget
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Federal budget will include billions of dollars for housing, defence
The federal government is expected to announce billions of dollars to ease housing affordability challenges and boost defence spending in Thursday’s budget. There are also plans to introduce a ban on foreign home buyers for two years,...
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Federal budget signals message to Liberals concerned with NDP deal
CBC’s chief political correspondent Rosemary Barton explains the Liberals are, with their new budget, sending a message to members concerned about fiscal responsibility following the party's historic confidence-and-supply agreement with...
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Minister says new social programs will provide cost-of-living relief to Canadians
Associate Finance Minister Randy Boissonnault tells Power & Politics that new social programs like subsidized dental care and a plan for affordable housing will provide relief to Canadians struggling with record-breaking inflation.
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Ottawa approves Bay du Nord offshore oil project
Federal Environment Minister Steven Guilbeault formally approved the Bay du Nord offshore oil megaproject, a decision that infuriated environmentalists but promises to boost the Newfoundland and Labrador economy.
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Liberals promise lower deficits as billions earmarked for housing, climate change
Finance Minister Chrystia Freeland’s second federal budget came with a promise of more fiscal restraint, acknowledging the government’s ability to spend is ‘not infinite.’ In the budget, billions of dollars have been allocated to tackle...
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Ukraine war: US top general says world becoming more unstable
Top US military officer said Tuesday that he expects the conflict in Ukraine to last years.
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Freeland talks defence spending and Ukraine support in the federal budget
Canada’s Finance Minister Chrystia Freeland tabled the budget in the House of Commons on April 7. It includes $8 billion in additional military spending including $500 million in aid for Ukraine.
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Party leaders react to Liberal government’s federal budget
In order, Interim Conservative leader Candice Bergen says her party will not support the Liberal government’s budget. NDP Leader Jagmeet Singh welcomed the dental care item in the budget, something that was a part of the party's...
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Highlights of 2022 federal budget: housing affordability, greener economy
The Liberal government's first budget since the election features less spending than the previous pandemic budget, but still includes billions for housing, dental care, the environment and defence.
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Lack of funding in Lebanon threatens only public university
Lebanon's only public university is close to financial ruin, threatening the future of more than 80,000 students.
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Most mortgage holders walking thin line as rates rise: poll
An Angus Reid poll found that 58 per cent of homeowners say the costs of owning a home are already crowding out other parts of their budget.
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India unveils higher spending but no direct measures for the poor
The annual budget was focused on big-ticket infrastructure spending but lacked measures to spur consumption.