• 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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• Alto high-speed rail project could cost more than originally thought: budget watchdog

  Source: CBC Politics
  Date: 2026-10-01 14:34:52.0
  Tags: [National, Ontario, Quebec, Infrastructure, Transportation, Transit, Finance]

  A new report from the Parliamentary Budget Office (PBO) indicates that the proposed Alto high-speed rail project connecting Toronto, Kingston, Ottawa, and Montreal could cost between $75 billion and $113 billion, higher than official initial estimates of $60 billion to $90 billion. The Crown corporation Alto is overseeing the corridor project, with cost drivers primarily attributed to tunnels and elevated structures, which add $169 million and $153 million per kilometre respectively. The PBO estimates the construction will provide modest economic stimulus, raising real GDP by approximately $1.8 billion in 2029 and $2 billion by 2033 while creating between 4,300 and 9,000 jobs. Federal legislation such as Bill C-5 (the One Canadian Economy Act) may help mitigate project risks, land acquisition hurdles, and permitting delays.

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• Ottawa Commits Additional Funding for Federal Child Care Program in Ontario

  Source: Ontario - Ministry of Education
  Date: 2026-09-29 14:34:00.0
  Tags: [Ontario, National, Education, Social Services, Affordability, Finance]

  Ontario Minister of Education Paul Calandra announced that the federal government has extended additional funding to the Canada-wide Early Learning and Child Care program, maintaining current average child care fees at $19 a day with maximum caps at $22 per day until June 30, 2027. Between the 2021-22 and 2026-27 fiscal years, Ontario is investing approximately $34.5 billion in child care and early years programs, which includes $12.3 billion dedicated specifically to child care programs, fee subsidies, wage enhancements, EarlyON Child and Family Centres, and the CARE tax credit. Both governments have committed to ongoing discussions regarding long-term program sustainability beyond June 2027 to ensure continued stability for families and the child care sector.

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• As federal budget nears, Canada’s health ministers to meet to talk funding

  Source: Global News Politics
  Date: 2026-09-28 22:20:24.0
  Tags: [National, Ontario, Healthcare, Finance]

  Canadian federal, provincial, and territorial health ministers are convening for an emergency meeting ahead of the upcoming federal budget to address concerns over the upcoming expiration of targeted healthcare funding. Provincial leaders, including Ontario Health Minister Sylvia Jones, warn of a fiscal cliff as bilateral agreements for home care, community care, and mental health and addiction services—part of the 2023 federal funding package totaling $200 billion over 10 years, which included $4.8 billion for home and community care and mental health, $3 billion for long-term care safety, and $1.7 billion for personal support worker wages—are set to sunset between 2026 and 2028. Additionally, the federal government's Canada Health Transfer growth rate is scheduled to drop from a guaranteed minimum of five percent annually to three percent after fiscal year 2027-28.

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• Carney delivers remarks at investment summit as Liberals discuss airport privatization

  Source: CBC Politics
  Date: 2026-09-15 12:31:10.0
  Tags: [National, Ontario, Economy, Finance, Trade, Infrastructure, Transportation]

  Prime Minister Mark Carney hosted the Canada Investment Summit in Toronto to attract $1 trillion in investments over the next five years, featuring a 66-page prospectus containing 167 projects. During the summit, the Canada Pension Plan Investment Board and Brookfield Asset Management Ltd. announced a new $50 billion fund for large-scale investments structured on a 50-50 basis with up to $25 billion in equity capital from each organization. Additionally, Carney confirmed that the federal government is pursuing private investment and long-term concessions to operate Canada's four largest airports while keeping the underlying land and assets. These developments coincided with the implementation of new 50 per cent U.S. tariffs on select Canadian goods and protests organized by The Many vs. The Money coalition.

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• 'Cool to be Canadian': Leaders optimistic their pitch to invest here will pay off

  Source: CBC Politics
  Date: 2026-09-14 19:59:47.0
  Tags: [National, Ontario, Economy, Taxation, Finance, Trade, Industry, Mining]

  Prime Minister Mark Carney hosted the Canada Investment Summit in Toronto to attract foreign capital and secure $1 trillion in investments amidst trade friction with the United States. Minister of Finance François-Philippe Champagne announced that the Canadian Revenue Agency will prioritize advanced income tax rulings for investments exceeding $1 billion to reduce regulatory risk. The government's 66-page pitchbook featured more than 160 major projects, including Canada Nickel Company's Crawford nickel project, which is seeking $2 billion in funding.

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