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...
(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...
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...
The country's two major railways exceeded their grain cap in 2017-18, despite shipping less of the stuff than last year, according to the Canadian Transportation Agency. Canadian National Railway Co. reaped $1.05 million more than its maximum revenue entitlement of $787.01 million for the crop year, which ended July 31,...
The largest cryptocurrency, bitcoin, surged to a record high of over $44,000 on Monday following the news that Tesla has invested $1.5 billion in the digital asset and expects to start accepting it as payment. Bitcoin soared fifteen percent to trade at $44,141, closing in on an all-time high reached...
ROME (Reuters) - Steelmaker ArcelorMittal has told commissioners running Italy’s Ilva plant that it wants changes made to the contract in which it agreed to buy the company in order to protect it from legal challenges in Italy. ArcelorMittal, the world’s top steelmaker, reached a 1.8-billion-euro ($2.1 billion)...
(This version of December 21’s story refiles to add dropped words ‘for couples’ in paragraph 8.) By Paresh Dave, Heather Somerville and Jeffrey Dastin SAN FRANCISCO (Reuters) - The U.S. tax overhaul is a boon to Silicon Valley technology companies like Apple Inc (AAPL.O) and Alphabet Inc...
JetBlue Airways Corporation (NASDAQ: JBLU) reported its preliminary traffic results for March 2018. Traffic in March increased 7.3 percent from March 2017, on a capacity increase of 3.3 percent. Load factor for March 2018 was 89.0 percent, an increase of 3.3 points from March 2017. JetBlue’s preliminary completion factor...
Known as the i30 across the pond, the 2018 Hyundai Elantra GT Sport has the Volkswagen Golf GTI in its sights. Drawn under the watchful eye of Hyundai’s chief design officer Peter Schreyer, the compact hatchback’s sporty bodywork, clean lines, and attractive proportions make it far more fashionable than...
In any normal winter, Cameron Birch and his family of five would pack their bags for an all-inclusive vacation somewhere warm and sunny. But when the pandemic kept them from booking a trip south, the Kelowna, B.C., family looked closer to home and bought season passes to Big White Ski...