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Liberals plan to give $250 cheques to millions of Canadians, cut GST over holidays

Liberals plan to give $250 cheques to millions of Canadians, cut GST over holidays

OTTAWA — The Liberal government is planning to give Canadians a tax break over the holidays and hand out billions of dollars in a move that two opposition leaders characterized as a trick to buy votes from frustrated people struggling with the high c
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Economist says temporary tax cut, relief cheques play into rosier growth picture

Economist says temporary tax cut, relief cheques play into rosier growth picture

TORONTO — The federal government's "meaty" move to pause federal sales tax on a long list of items and send cheques to millions of Canadians this spring could factor into an improving outlook for growth in 2025, one economist says.
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B.C. Conservative leader names shadow cabinet, gives job to controversial member

B.C. Conservative leader names shadow cabinet, gives job to controversial member

VICTORIA — B.C. Conservative Leader John Rustad has assigned jobs to 41 of his 44-member caucus, including giving a critic's position to MLA Brent Chapman, who faced calls to step down during the campaign over controversial social media remarks.
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Retail industry praises GST holiday but says it may be 'laborious' for some

Retail industry praises GST holiday but says it may be 'laborious' for some

A temporary pause on charging the federal sales tax on many items has retailers excited, even though they say preparing for the relief will mean a lot of extra work in a short period of time.
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Downtown Vancouver hotel workers win major wage increases

Downtown Vancouver hotel workers win major wage increases

Union says wage increase for hotel workers is highest in Canada
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Which items will be tax-free under the Liberals' promised GST/HST break?

Which items will be tax-free under the Liberals' promised GST/HST break?

The government on Thursday announced a sweeping promise to make groceries, children's clothing, Christmas trees, restaurant meals and more free from GST/HST between Dec. 14 and Feb. 15.
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Bitcoin is at the doorstep of $100,000 as post-election rally rolls on

Bitcoin is at the doorstep of $100,000 as post-election rally rolls on

NEW YORK (AP) — Bitcoin topped $98,000 for the first time Thursday, extending a streak of record after record highs since the U.S. presidential election. The cryptocurrency has rocketed more than 40% in just two weeks.
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Retiring? Here's how to switch from saving for your golden years to spending

Retiring? Here's how to switch from saving for your golden years to spending

The last paycheque from a decades-long career arrives next Friday and the nest egg you built during those working years will now turn into a main source of income. It can be a jarring switch from saving for retirement to spending in retirement.
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Barkerville gold mine receives ministry approval

Barkerville gold mine receives ministry approval

Construction of the underground mine is expected to employ about 634 workers
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S&P/TSX composite index up more than 200 points, U.S. stock markets mixed

S&P/TSX composite index up more than 200 points, U.S. stock markets mixed

TORONTO — Canada's main stock index was up more than 200 points in late-morning trading, helped by strength in the energy and technology sectors, while U.S. stock markets were mixed. The S&P/TSX composite index was up 231.92 points at 25,268.38.
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