Canada
Canada Bans Tiktok forcing it to close office
Based on reports from CBC News and ABC News, the Canadian government has ordered TikTok to shut down its operations in the country due to national security concerns, while still allowing Canadians to access and use the popular video-sharing app. Impact on Canadian Jobs The closure of TikTok’s Canadian offices is expected to have a […]
Minister Indicates Citizenship Could Be Revoked for Toronto ISIS Suspect
Minister indicates citizenship could be revoked for Toronto ISIS suspect The Canadian federal government is considering revoking the citizenship of Ahmed Fouad Mostafa Eldidi, a 62-year-old man accused of plotting a terrorist attack in Toronto in collaboration with his son, Mostafa Eldidi, 26. Immigration Minister Marc Miller announced this potential action during a press conference, […]
The Canadian Economy’s “Me-cession”: When Collective Growth Masks Individual Struggles
Despite avoiding a technical recession, the Canadian economy is experiencing a peculiar phenomenon dubbed the “me-cession.” While collective economic measures like GDP and spending are still expanding, many Canadians are feeling the pinch and restricting their individual spending, behaving as if in a recession. This divergence between aggregate and per capita economic indicators is largely […]
Farmers criticize federal capital gains changes, claiming they fall short
Farmers across Canada are voicing strong criticism regarding recent federal changes to the capital gains tax, arguing that the adjustments disproportionately impact family-owned farms and complicate succession planning. Introduced in the April budget, the changes increase the capital gains inclusion rate from 50% to 66.7% for individuals with annual gains exceeding $250,000, affecting many farmers […]