The new year brings with it tax changes at the federal level that will affect just about every Canadian, as well as small businesses. One of the first changes workers will see is an increase in Canada Pension Plan premiums coming off their paycheques — the first of five years...
NEW YORK/LONDON (Reuters) - Bitcoin plunged by 30 percent to below $12,000 on Friday as investors dumped the cryptocurrency after its sharp rise to a peak close to $20,000 prompted warnings by experts of a bubble. After falling to as low as $11,159, it recouped some losses...
Purpose Investments Inc. (“Purpose”) is thrilled to announce the world’s first Bitcoin ETF, backed by physically settled Bitcoin, is now available to investors. The Canadian dollar denominated ETF non-currency hedged units and U.S. dollar denominated ETF non-currency hedged units of Purpose Bitcoin ETF (the “ETF”) will begin trading today...
(Reuters) - The engineer of an Amtrak passenger train that derailed off a bridge onto a highway near Seattle remarked that the train was speeding six seconds before the accident, U.S. investigators said on Friday. The engineer then applied the brakes but apparently not the emergency brake, the...
Netflix subscribers are being warned about phony text and email messages being sent to subscribers. The company says on its website that some Canadian users are receiving "suspicious" texts and emails asking for their login details. The fake messages tell subscribers their Netflix access has been suspended due to a payment...
The Bank of Canada raised its overnight lending rate by 25 basis points to 0.50 per cent on Wednesday, marking the first time the central bank has tightened monetary policy since 2018, while highlighting how Russia's attack on Ukraine could weigh on global growth and lift commodity prices further. The...
The world's most well-known cryptocurrency Bitcoin smashed through $34,000 for the first time ever in its entire history of 12 years on Sunday. Once the price of the leading cryptocurrency crossed the $30,000 mark for the first time -- something it had struggled to do for the last couple of...
The B.C. government announced it plans Wednesday to tax Airbnb on short-term rentals and use the anticipated $16 million to fund housing affordability projects. Airbnb has agreed to begin collecting an eight per cent sales tax (PST) and up to three per cent in a municipal and regional district tax...
Users trying access their stock brokerage accounts as the market opened Wednesday morning were faced with a debilitating technical problem that shut many out of their accounts. Robinhood and TD Ameritrade were among the brokerages that reportedly experienced “technical difficulties” at open. The apps were unresponsive. https://twitter.com/stocktalkweekly/status/1354437354434555908? TD Ameritrade said this was...
The Ontario government is investing just over $1 billion to expand COVID-19 testing across the province, as well as ramp up case and contact management. Premier Doug Ford and Health Minister Christine Elliott made the announcement at Queen’s Park on Thursday afternoon, saying the hefty investment will mean “more testing...