Don’t Panic, A Trump Presidency Isn’t as Bad as Believed

Don't Panic, A Trump Presidency Isn't as Bad as BelievedMarkets whipsawed wildly once it became clear that outsider Donald Trump had ascended to the Oval Office. For a brief moment, it appeared the cataclysm that many economists and analysts on Wall Street had been dreading had finally arisen. It was feared that Trump’s regressive policies on immigration, foreign aid, trade, and taxation would spark considerable volatility and eventually lead the U.S. into a recession. Nonetheless, after Trump addressed financial…

Read More >>

Why a Capital Gains Tax Hike Might be on the Federal Budget

Why a Capital Gains Tax Hike Might be on the Federal BudgetWith the federal deficit now estimated to come in at $18 billion (or more), there is nervous speculation that Finance Minister Bill Morneau may go beyond the specific tax changes already detailed in the Liberal pre-election platform and introduce new measures in his March 22 budget to raise much needed tax revenue. One such measure being discussed in the financial and tax community is whether the government might raise the…

Read More >>

Canadian Women Among Most Risk-Adverse Investors

Canadian Women Among Most Risk-Adverse InvestorsIt’s been nearly a decade since Kelly Jansen of Ottawa took her first tentative steps into the world of financial investment. She was, at the time, admittedly cautious. Overly so. Fresh out of a marriage where she took a backseat on financial matters, Jansen didn’t know how to build a portfolio, nor did she have much confidence in her ability to make the right decisions around money and her future….

Read More >>

Occupy Toronto Takes to the Streets Again

Occupy Toronto Takes to the Streets AgainAs Occupy Canada protesters across the country spent a second day in tents set up in urban parks on Sunday, protesters in Toronto launched another march in the city’s downtown core and gathered at a central shopping area. Members of the Toronto group who set up an encampment at St. James Park just east of the financial district, were on the move again, chanting, “Whose streets? Our Streets!” on their…

Read More >>

Major Tax Increases or Heavy Layoffs

Major Tax Increases or Heavy LayoffsToronto taxpayers are facing a 35% tax hike unless there are job cuts to the city’s workforce, Mayor Rob Ford warned Friday. His administration can’t avoid penning pink slips if more staff does not start volunteering to take buyouts the mayor said on The Roundtable, with Sun News Network co-hosts Pat Bolland and Sue-Ann Levy, the Toronto Sun’s veteran city hall columnist. “I don’t know if we have a choice,”…

Read More >>

Canada Opposes Palestinian Bid for Statehood

Canada Opposes Palestinian Bid for StatehoodCanada is rejecting a Palestinian effort to win recognition at the United Nations as an independent state. The move is not surprising given that the Harper government has forcefully highlighted its loyalty to Israel and the United States. Both oppose the Palestinian initiative. The Palestinian Authority, which controls most of the West Bank, launched a campaign last month that will see it pursue a vote on statehood at the United…

Read More >>

Harper Majority May Be One-Hit Wonder

Harper Majority May Be One-Hit WonderThe majority government won by Prime Minister Stephen Harper on Monday could be his one and only, according to a focus group of Canadian voters. A collection of factors allowed for the Conservatives to decisively win 167 seats in the spring election that saw the Bloc Québécois virtually wiped off the map and the Liberals lose their status as the Official Opposition party to the NDP, according to a report…

Read More >>

WikiLeaks Cable Notes Harper’s Senate ‘About-Face’

WikiLeaks Cable Notes Harper's Senate 'About-Face'WikiLeaks released hundreds of U.S. documents on Thursday, including those with comments about the Harper government’s “about-face” on Senate appointments, remarks on the Liberals’ “muted” response to the prorogation crisis and criticism of Canada’s failure to enact copyright reform. A leaked cable from December 2008 suggests that U.S. Embassy officials in Ottawa saw Stephen Harper’s appointment of senators as “a major about-face for a PM and a party that long…

Read More >>

Ignatieff Slams Harper Over Aide’s Convictions

Ignatieff Slams Harper Over Aide's ConvictionsLiberal Leader Michael Ignatieff says new revelations about past fraud convictions against a former senior aide to Stephen Harper raise a “fundamental question” over whether Canadians can trust the Conservative leader. During a Monday evening campaign rally, Ignatieff told the crowd that Bruce Carson’s close relationship with Harper while working in the Prime Minister’s Office shows his Conservative rival “talks tough on crime everywhere but in his own office.” “I’m…

Read More >>

Canada Government Toppled After Opposition Pressure

Canada Government Toppled After Opposition PressureCanadian opposition parties brought down the Conservative government in a no confidence vote Friday, triggering an election that polls show the Conservatives will win. The opposition parties held Prime Minister Stephen Harper’s government in contempt of Parliament in a 156-145 vote for failing to disclose the full financial details of his tougher crime legislation, corporate tax cuts and plans to purchase stealth fighter jets. Opinion polls expect Harper’s Conservative Party…

Read More >>