Tag #Canada

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theglobeandmail.com

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May 29, 04:10

Operation Blizzard: Most Seized Drugs Originated in the U.S.

A month-long Canada Border Services Agency operation, Operation Blizzard (Feb. 12-March 13), resulted in over 2,600 drug seizures; 67 percent originated in the U.S., while 17.5 percent were destined for the U.S., with 1.73 kg of fentanyl seized (1.44 kg headed to the U.S.).

Operation Blizzard: Most Seized Drugs Originated in the U.S.

A month-long Canada Border Services Agency operation, Operation Blizzard (Feb. 12-March 13), resulted in over 2,600 drug seizures; 67 percent originated in the U.S., while 17.5 percent were destined for the U.S., with 1.73 kg of fentanyl seized (1.44 kg headed to the U.S.).

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What is the primary source of the drugs seized during Operation Blizzard, and what are the immediate implications of this finding for Canada?

Operation Blizzard, a Canada Border Services Agency operation from February 12 to March 13, resulted in over 2,600 drug seizures. More than 67 percent of these seizures originated in the United States, highlighting a significant cross-border drug trafficking route. A substantial amount of seized fentanyl (1.73 kg) was also intercepted, with 1.44 kg destined for the U.S.

theglobeandmail.com

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May 29, 13:12

Court Rules Short-Term Rentals Trigger GST/HST Liability on Property Sale

The Federal Court of Appeal upheld a ruling that two brothers owe $77,080 in GST/HST on the sale of their Ottawa condo due to its use as short-term rentals (Airbnb) for over a year before the sale, regardless of prior long-term rental use, highlighting complexities in Canadian property tax law.

Court Rules Short-Term Rentals Trigger GST/HST Liability on Property Sale

The Federal Court of Appeal upheld a ruling that two brothers owe $77,080 in GST/HST on the sale of their Ottawa condo due to its use as short-term rentals (Airbnb) for over a year before the sale, regardless of prior long-term rental use, highlighting complexities in Canadian property tax law.

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How does the 10 percent change-of-use rule under subsection 206(2) of the Excise Tax Act impact GST/HST liability for property owners?

The case highlights the complexities of GST/HST regulations regarding property sales. The court's decision emphasizes that the property's use at the time of sale determines GST/HST liability, not its past use. This ruling underscores the importance of understanding tax implications when changing property usage, particularly from long-term to short-term rentals.

theglobeandmail.com

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May 29, 16:12

RBC Q2 Profit Beats Last Year But Misses Estimates Amid Trade War Concerns

Royal Bank of Canada reported a second-quarter profit of $4.39 billion, exceeding last year's results but missing analyst estimates due to increased loan loss provisions of $1.42 billion amid global trade uncertainties; the bank also raised its dividend and announced a share buyback plan and a retur...

RBC Q2 Profit Beats Last Year But Misses Estimates Amid Trade War Concerns

Royal Bank of Canada reported a second-quarter profit of $4.39 billion, exceeding last year's results but missing analyst estimates due to increased loan loss provisions of $1.42 billion amid global trade uncertainties; the bank also raised its dividend and announced a share buyback plan and a retur...

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What is the primary impact of global trade uncertainties on RBC's second-quarter earnings, and what specific measures did the bank take in response?

Royal Bank of Canada (RBC) reported a higher second-quarter profit of $4.39 billion, or $3.02 per share, exceeding the previous year's results by 11 percent. However, this fell short of analyst expectations of $3.20 per share due to increased loan loss provisions amid trade uncertainties impacting consumers and businesses. RBC also increased its dividend and announced a share buyback plan.

arabic.euronews.com

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May 28, 04:10

King Charles Warns of Unprecedented Challenges Facing Canada

King Charles III, addressing the Canadian Parliament in Ottawa, warned of unprecedented challenges facing Canada in a post-WWII world, referencing threats from the US and emphasizing the need to rebuild and rearm the Canadian military to protect sovereignty and national interests.

King Charles Warns of Unprecedented Challenges Facing Canada

King Charles III, addressing the Canadian Parliament in Ottawa, warned of unprecedented challenges facing Canada in a post-WWII world, referencing threats from the US and emphasizing the need to rebuild and rearm the Canadian military to protect sovereignty and national interests.

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How does King Charles's speech connect Canada's current challenges to its historical experiences, and what broader global trends does it reflect?

The speech underscored the rarity of a monarch delivering the Speech from the Throne in Canada, having only occurred twice previously under Queen Elizabeth II. King Charles connected Canada's current challenges to historical moments like the Cold War, framing the current threats as another critical juncture for Canadian democracy and sovereignty.

dailymail.co.uk

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May 28, 04:10

Royal Visit to Canada Underscores National Unity Amidst US Threats

King Charles and Queen Camilla visited Canada to open Parliament, delivering a speech emphasizing Canadian unity and sovereignty amid US President Trump's annexation threats; this was only the second such visit by a reigning monarch.

Royal Visit to Canada Underscores National Unity Amidst US Threats

King Charles and Queen Camilla visited Canada to open Parliament, delivering a speech emphasizing Canadian unity and sovereignty amid US President Trump's annexation threats; this was only the second such visit by a reigning monarch.

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How did King Charles's speech connect Canada's historical identity with its current challenges and aspirations?

The visit, coinciding with the opening of Parliament, served as a powerful symbolic gesture against potential US annexation. Charles's emotional speech, emphasizing Canada's unique identity and the Crown's unifying role, resonated deeply with Canadian MPs.

theglobeandmail.com

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May 28, 07:12

King Charles's Visit to Canada Mirrors 1957 Queen Elizabeth Visit Amidst Geopolitical Tensions

King Charles III's rushed, 24-hour visit to Canada mirrored Queen Elizabeth II's 1957 visit, both opening Parliament and emphasizing Canada's sovereignty amid US-led geopolitical threats, using similar visual cues to reinforce the Crown's importance.

King Charles's Visit to Canada Mirrors 1957 Queen Elizabeth Visit Amidst Geopolitical Tensions

King Charles III's rushed, 24-hour visit to Canada mirrored Queen Elizabeth II's 1957 visit, both opening Parliament and emphasizing Canada's sovereignty amid US-led geopolitical threats, using similar visual cues to reinforce the Crown's importance.

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What is the significance of King Charles III's brief visit to Canada, and what immediate impacts are apparent?

King Charles III's 24-hour visit to Canada, culminating in the opening of Parliament and delivery of the Throne Speech, mirrors Queen Elizabeth II's 1957 visit. Both visits prioritized Canada's sovereignty and emphasized strong international alliances, particularly highlighting the importance of reliable trading partners. This visit, however, comes amidst serious political and economic threats from the United States.

theglobeandmail.com

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May 29, 22:11

CRA's Online TFSA Access Remains Blocked Due to Processing Delays

Due to processing delays of TFSA returns from financial institutions, the Canada Revenue Agency (CRA) has blocked access to TFSA information on its online portals since April 17th, affecting taxpayers and professionals' ability to calculate contribution limits and potentially leading to overcontribu...

CRA's Online TFSA Access Remains Blocked Due to Processing Delays

Due to processing delays of TFSA returns from financial institutions, the Canada Revenue Agency (CRA) has blocked access to TFSA information on its online portals since April 17th, affecting taxpayers and professionals' ability to calculate contribution limits and potentially leading to overcontribu...

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What is the immediate impact of the CRA's inability to provide online access to TFSA information?

Canadians cannot access their Tax-Free Savings Account (TFSA) information on the Canada Revenue Agency (CRA) website due to delays in processing TFSA returns from financial institutions. This issue, ongoing since April 17th, prevents the CRA from displaying accurate TFSA contribution limits and account details, causing inconvenience to taxpayers and tax professionals. The CRA is working to resolve the issue and apologizes for the disruption.

theglobeandmail.com

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May 29, 01:13

TD Raises Account Transfer Fees to $150, Sparking Debate on Financial Industry Practices

TD Bank is raising its account transfer fees for registered plans to $150 from $75 starting July 1, a move criticized for adding costs to customers already losing loyalty, while highlighting the need for open banking to increase competition.

TD Raises Account Transfer Fees to $150, Sparking Debate on Financial Industry Practices

TD Bank is raising its account transfer fees for registered plans to $150 from $75 starting July 1, a move criticized for adding costs to customers already losing loyalty, while highlighting the need for open banking to increase competition.

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What is the immediate impact of TD's increased account transfer fees on its customers?

Toronto-Dominion Bank (TD) is raising its account transfer fees from $75 to $150 starting July 1st, impacting tax-free savings accounts, registered retirement savings plans, and first home savings accounts. This increase aligns with the industry standard of roughly $150 but is criticized for adding costs to customers already losing loyalty.

theglobeandmail.com

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May 28, 04:10

Montreal Police Update Street Check Policy Amid Racial Profiling Concerns

Montreal police implemented a new street-check policy requiring officers to explain stops and confirm citizens' right to leave, addressing concerns about racial profiling highlighted in a 2019 report showing disproportionate stops of Indigenous, Black, and Arab individuals; the policy, effective imm...

Montreal Police Update Street Check Policy Amid Racial Profiling Concerns

Montreal police implemented a new street-check policy requiring officers to explain stops and confirm citizens' right to leave, addressing concerns about racial profiling highlighted in a 2019 report showing disproportionate stops of Indigenous, Black, and Arab individuals; the policy, effective imm...

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How do advocacy groups respond to the new policy, and what broader systemic issues does their criticism highlight?

This updated policy aims to improve communication and transparency in police interactions, building on a 2020 policy banning discriminatory street checks. However, advocacy groups criticize it as insufficient, citing a persistent disparity in stops based on race and ethnicity despite the 2020 policy and provincial guidelines.

theglobeandmail.com

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May 28, 04:10

King Charles III Delivers Throne Speech in Canada

King Charles III delivered the Throne Speech in Canada's Parliament on the second day of his two-day royal visit, marking the first such speech by a Canadian monarch since 1977; the speech, written by the Prime Minister's office, promised the "largest transformation in the Canadian economy since the...

King Charles III Delivers Throne Speech in Canada

King Charles III delivered the Throne Speech in Canada's Parliament on the second day of his two-day royal visit, marking the first such speech by a Canadian monarch since 1977; the speech, written by the Prime Minister's office, promised the "largest transformation in the Canadian economy since the...

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What were the key policy announcements and their immediate implications in the King's Throne Speech?

King Charles III opened Canada's Parliament with a Throne Speech, marking the first time a Canadian monarch delivered the speech since 1977. The speech, drafted by the Prime Minister's office, highlighted Canada's sovereignty and promised significant economic transformation.

smh.com.au

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May 28, 04:10

King Charles III Affirms Canada's Sovereignty Amid Trump's Annexation Threats

King Charles III's speech to the Canadian Parliament on Tuesday reaffirmed Canada's sovereignty amid US President Trump's annexation threats, highlighting the need for diversified trade partnerships and military investment, including exploration of European procurement options to counter US influenc...

King Charles III Affirms Canada's Sovereignty Amid Trump's Annexation Threats

King Charles III's speech to the Canadian Parliament on Tuesday reaffirmed Canada's sovereignty amid US President Trump's annexation threats, highlighting the need for diversified trade partnerships and military investment, including exploration of European procurement options to counter US influenc...

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How does the speech address the economic and security challenges facing Canada in the context of US pressure?

Charles' speech highlighted Canada's vulnerability due to its heavy reliance on US trade (over 75% of exports) and Trump's threats of tariffs. The speech, written by the Canadian government, strategically focused on diversifying trade partnerships, investing in the Canadian Armed Forces, and exploring European military procurement (REARM Europe) to reduce dependence on the US. This directly counters Trump's pressure to integrate Canada into the US.

bbc.com

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May 28, 04:10

King Charles Opens Canada's Parliament, Underscoring National Sovereignty

King Charles III opened Canada's 45th Parliament on June 5th, 2024, in Ottawa, a symbolic act of support for Canada's sovereignty amidst strained relations with the US, marking his 20th visit to the country.

King Charles Opens Canada's Parliament, Underscoring National Sovereignty

King Charles III opened Canada's 45th Parliament on June 5th, 2024, in Ottawa, a symbolic act of support for Canada's sovereignty amidst strained relations with the US, marking his 20th visit to the country.

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What are the potential long-term implications of this royal visit for Canada-US relations and the future of the Canadian political landscape?

King Charles III's visit serves as a powerful counterpoint to previous American rhetoric threatening Canadian sovereignty. The visit's timing and ceremonial weight reinforce Canada's distinct national identity, potentially influencing future diplomatic interactions between Canada and the US.

Showing 181 to 192 of 1,692 results