• Canada Post starting weekend parcel delivery in Toronto, Montreal and Ottawa this fall

  Source: CBC Politics
  Date: 2026-10-22 19:44:37.0
  Tags: [National, Ontario, Quebec, British Columbia, Alberta, Labour, Transportation, Finance]

  Canada Post has launched weekend parcel delivery in Ottawa and Montreal, with plans to expand to Toronto in late November 2026 and to Vancouver, Edmonton, and Calgary the following year, aiming to reach seven million households by the end of 2027. The Crown corporation reported a pre-tax loss of $482 million in the first half of 2026 and continues to rely on federal loans, though parcel revenue grew by 20.7 percent year-over-year in the second quarter. This operational restructuring follows a month-long national strike in December 2024 and the signing of a new collective agreement with the Canadian Union of Postal Workers (CUPW) that remains in effect until 2030.

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• He followed a debunked conspiracy theory to claim a tax refund. So why did the CRA agree to a $40M payout?

  Source: CBC Politics
  Date: 2026-10-16 08:00:00.0
  Tags: [National, Ontario, British Columbia, Taxation, Finance, Public Safety]

  An investigative report by CBC's the fifth estate revealed that individuals following "sovereign citizen" conspiracy theories have successfully defrauded the Canada Revenue Agency (CRA) of millions of dollars in bogus tax refunds due to severe gaps in fraud detection systems. In the summer of 2023, ironworker Jonathon Pearce of Temiskaming Shores, Ontario, filed false tax returns claiming more than $40 million, resulting in the CRA depositing over $10 million into his personal bank account despite internal red flags and a pre-refund phone call where he outlined his anti-tax beliefs. Leaked internal records show nearly $300 million in bogus claims linked to the same tax scheme were identified between May 2023 and January 2024, prompting the CRA to launch criminal investigations and execute search warrants against promoters such as Bernard Yankson and Angela Albright Bowolin in British Columbia.

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• Provinces call on Ottawa to expand mining credit

  Source: Global News Politics
  Date: 2026-10-10 12:17:12.0
  Tags: [National, British Columbia, Alberta, Saskatchewan, Manitoba, Nova Scotia, Taxation, Economy, Resources, Mining, Finance]

  Nearly half of Canada's provinces and territories—specifically Nova Scotia, Manitoba, Saskatchewan, Alberta, British Columbia, and Yukon—are urging the federal Liberal government to fulfill its 2025 election promise to expand the mineral exploration tax credit to include engineering and feasibility study costs. The Association for Mineral Exploration and the Nunavut and N.W.T. Chamber of Mines argue this measure is crucial to help junior mining companies navigate the late-stage 'valley of death' financing gap. An Ernst & Young report commissioned by the association indicates that covering feasibility and economic viability studies could generate between 14,000 and 34,000 jobs and add $5.2 billion to $12.2 billion in GDP over 10 years. While Finance Minister François-Philippe Champagne's office highlighted recent federal initiatives such as the Productivity Mega Deduction and the Critical Mineral Exploration Tax Credit, federal expenses under the Canadian exploration expenses framework still exclude economic assessments and feasibility studies.

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• B.C. economy shows resilience in first quarterly report

  Source: British Columbia - Government News
  Date: 2026-09-14 19:30:00.0
  Tags: [British Columbia, Economy, Finance, Taxation, Infrastructure, Emergency]

  British Columbia's First Quarterly Report for 2026-2027 projects a provincial deficit of $13.8 billion—$450 million higher than Budget 2026—driven by an intense wildfire season with fire-management expenditures forecast at $614 million higher than budget and $458 million in higher refundable tax credits. Total provincial revenue is forecast at $86.3 billion, bolstered by corporate and personal income taxes, while real GDP growth for 2026 is forecast at 0.9% amid U.S. tariffs and global volatility. Taxpayer-supported capital spending is maintained at $12.9 billion for projects including the Quw’utsun Valley Hospital, the new St. Paul’s Hospital, and Highway 1 Colquitz River Bridges widening, alongside eight newly approved major capital projects.

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