• Canadian artists grapple with U.S. tariffs, find new buyers amid trade war

    Source: Global News Politics
    Date: 2026-09-22 10:00:06.0
    Tags: [National, Trade, Economy, Culture, Taxation]

    Following the breakdown of Canada-U.S. trade negotiations under U.S. President Donald Trump's administration, the United States imposed a 50 per cent tariff on Canadian visual arts, crafts, and natural materials, including paintings, sculptures, and jewelry. The Visual Arts Alliance and the Canadian Artists Representation (CARFAC) have called on the federal government to implement targeted financial relief for artists and galleries, establish a GST exemption for buyers of Canadian-made art, and create clear customs policies for temporary art exports. Industry advocates, such as OCAD University President Ana Serrano, are urging Ottawa to treat cultural and creative industries as intellectual property and actively promote them in foreign export markets like Europe to offset losses in the U.S.

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  • House of Commons returns for fall sitting after turbulent summer

    Source: CBC Politics
    Date: 2026-09-21 16:59:49.0
    Tags: [National, Economy, Trade, Taxation, Governance, Labour]

    The House of Commons resumes its fall sitting under Prime Minister Mark Carney, with the legislative agenda dominated by U.S.-Canada trade tensions and retaliatory tariffs following the collapse of trade talks. The federal government plans to introduce a productivity "mega-deduction" allowing companies to expense total capital investments, balance the day-to-day operating budget by next year, and advance Bill C-31 to implement 2025 budget tax and defence procurement provisions. Additional legislative priorities include extending the excise tax holiday on gasoline, streamlining major project reviews, modifying the Labour Code, and progressing left-over spring bills concerning under-16 social media restrictions, First Nations drinking water frameworks, and corporate data privacy rules.

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  • House of Commons is back as Liberals vow ‘significant’ legislation coming

    Source: Global News Politics
    Date: 2026-09-21 12:19:28.0
    Tags: [National, Economy, Trade, Taxation, Labour, Governance]

    As the House of Commons resumes the fall sitting, Prime Minister Mark Carney and Government House leader Steven MacKinnon have announced plans to introduce significant economic legislation and major changes to the federal labour code. Finance Minister François-Philippe Champagne is preparing to introduce a bill extending relief for the excise tax on fuel alongside an upcoming fall budget. Meanwhile, the federal government faces escalating cross-border trade tensions and tariff disputes with the United States administration under President Donald Trump after trade talks stalled.

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  • MPs are heading back to Parliament Hill. Here's what to watch this sitting

    Source: CBC Politics
    Date: 2026-09-20 08:00:00.0
    Tags: [National, Economy, Taxation, Trade, Labour, Governance]

    As Parliament returns for the fall 2026 sitting, Prime Minister Mark Carney's majority government faces a legislative agenda focused on economic growth, upcoming federal budget measures, and trade developments involving the United States and the European Union. Key legislative items include the Building Canada Strong Act to streamline major project reviews, Bill C-31 implementing 2025 budget provisions, tax policy initiatives including a productivity mega-deduction, and amendments to the Labour Code affecting the Canada Industrial Relations Board regarding high-risk work stoppages in export industries. The Liberals hold 173 seats in the House of Commons alongside six vacant seats, while managing ongoing trade fallout with the U.S. administration and proposed closer economic alliances with the European Union.

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  • Carney to address Liberal caucus after return from Europe

    Source: Global News Politics
    Date: 2026-09-18 12:25:25.0
    Tags: [National, Trade, Economy, Taxation, Defence, Governance]

    Prime Minister Mark Carney addressed the Liberal caucus in Ottawa ahead of the fall sitting of the House of Commons, which will feature upcoming legislation to enact a fuel excise tax extension announced on September 2. Following a trip to Strasbourg, France, Carney welcomed a historic proposal from European Commission President Ursula von der Leyen for Canada to become the European Union's first associate member. Carney stated he will sign no new deals with the European Union until Canada’s Parliament can vote on them, as part of a broader push to strengthen trade, defence, and people-to-people ties with Europe and reduce reliance on the United States.

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  • Carney government introduces mega-deduction tax measure to spur more investment

    Source: CBC Politics
    Date: 2026-09-15 19:41:51.0
    Tags: [National, Taxation, Economy, Finance, Industry, Trade]

    Prime Minister Mark Carney's federal government announced the productivity mega-deduction tax measure at the Canada Investment Summit, expanding on last year's productivity super-deduction to cover two-thirds of assets. The program allows companies to expense the total cost of new investments across sectors including machinery, equipment, clean energy, and zero-emission vehicles immediately rather than over a project's lifetime. The policy change is projected to cost $36 billion over five years and is estimated to slash Canada's marginal effective tax rate from 13 per cent down to 6.4 per cent, making it the lowest in the G7 to improve tax competitiveness and retain investment during trade tensions.

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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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Articles Deemed Relevant: 1593

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