Business

Ontario Pauses Enforcement of Residential Evictions as Stay-At-Home Order Takes Effect

The Ontario government has issued a pause on the enforcement of residential evictions after the province’s stay-at-home order took effect Thursday. In a press release, government officials said the Landlord...

The “Stay-At-Home” Order Has Just Gone into Effect, Here is What You Can and Can’t Do

On Tuesday, the province announced that Ontario declared a state of emergency for the second time, and issued a “stay-at-home” order to residents across the province because of the COVID-19 pandemic.

Ontario Declares Second State-of-Emergency, Issuing Stay-at-Home Order Amid COVID-19 Crisis

On Tuesday afternoon, Ontario Premier Doug Ford announced that the province will be entering a second state of emergency effective immediately and expected to remain in place for at least 28 days.

Next Year’s Increase in CPP Premiums Will Affect Some Workers More Severely Due to Pandemic

On January 1, Canada Pension Fund (CPP) contributions will rise again - more than what was originally planned. This is largely due to the impact of the epidemic on the labour market as...

Province-Wide Lockdown Announced as Health Officials Warn of “Precarious” Ability to Control COVID-19 Cases

With the number of COVID-19 cases and deaths increasing and evidence of public weariness with health restrictions growing, Premier Doug Ford announced stricter measures for the entire province starting December 26.

Ontario Providing $695 Million to Municipalities to Cover More Pandemic Costs

Ontario's financially troubled communities will receive an additional $695 million to help cover pandemic-related costs, the province's municipal affairs minister said on Wednesday. The grant is part of a "Safe...

If You’re Working from Home This Year You May Be Eligible for a New Tax Deduction

With more Canadians working from home in the wake of the COVID-19 pandemic, the Revenue Canada (CRA) has simplified how employees can claim the costs of setting up a home office. This year's...

Ottawa Prepares New Rules on the Use of French in Key Sectors of the Quebec Economy

The federal government plans to use the upcoming reform of the Official Languages ​​Act to draft new rules for the use of French in federal-managed companies in Quebec, sources told Radio-Canada.

House Prices Continue to Rise in 2021, Says Royal LePage

Canadian real estate brokerage Royal LePage expects home prices to rise 5.5% by 2021, based on unexpectedly strong growth this year, due to a shortage of real estate for sale and low-interest rates.

Series of System Vulnerabilities Allowed Massive Desjardins Data Breach says Privacy Watchdog

The federal privacy watchdog uncovered a series of technological and administrative vulnerabilities that caused a high-level data breaches at Desjardins - the largest ever in the financial services sector of Canada.

IPO Fever Hits Canada With Offerings At Highest Levels Since 2014

AbCellera Biologics' $ 483 million IPO by AbCellera Biologics last week brought the total value of IPOs in Canada this year to $ 5.72 billion, bringing the total value of IPOs in Canada...

The CRA sent 441,000 ‘education letters’ to those who might be required to return the CERB

The Canada Revenue Agency (CRA) said it sent 441,000 letters warning individuals that they might not be eligible for the Canada's Emergency Response Benefits (CERB) they have received. Described as...

The Vaccination Campaign Set to Save Canada’s Economy After Second-Wave of COVID-19

According to a Bloomberg survey among economists, an increase in the number of COVID-19 cases in Canada will only delay the country's recovery and is unlikely to have a lasting effect on its...

Ontario Municipalities Facing Multi-Billion Dollar Shortfall in 2021, With No Emergency Funding in Sight

Ontario's municipalities are projected to face a combined $2.4 billion shortfall in 2021 due to the ongoing effects of the COVID-19 pandemic, according to a new report by the province's financial watchdog.

Ontario Extends All COVID-19 Emergency Orders Until January 20

The provincial government made a notice on Thursday morning, stating that the renewal of all orders under the Ontario Reopening Act (ROA) will assist "the delivery of health care and important services. safely...

Budget Staff Says the Liberal Party’s $100 Billion Stimulus Plan Lacks Details

Parliament’s budget watchdog, Parliamentary Budget Officer (PBO) Yves Giroux, is raising questions about the lack of details in the Liberal government's 100 billion stimulus plan, suggesting Finance Minister Chrystia Freeland's phone is likely...

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