Economy, Law & Politics

OTTAWA — The government's fiscal watchdog says a guaranteed basic income program at the federal level could cut poverty rates in Canada by up to 40 per cent.

OTTAWA — Conservative Leader Pierre Poilievre is slamming Liberal leadership candidate Mark Carney's plan to split the federal budget, calling it a "sneaky accounting trick" to avoid balancing the books.

VICTORIA — A former longtime British Columbia legislator has been appointed to the province's independent facilitating body for treaty negotiations on First Nations rights and title.

TORONTO — Canada's main stock index ticked lower on Wednesday, weighed down by losses in technology and base metals, while U.S. stock markets eked out another gain to reach a new all-time high for the S&P 500.

OTTAWA — The federal government has confirmed that small businesses will have to pay tax on their carbon rebate, despite government promises otherwise, because Parliament can't currently pass legislation to make the payment exempt from income taxes.

VICTORIA — British Columbia's government has depicted the province on a battle footing against the threat of U.S. tariffs, as it faces its “most consequential time” since the Second World War.

TORONTO — Technology and mining companies topped this year's TSX Venture 50 list amid the ongoing push for a piece of the energy transition, the latest edition of the ranking shows.