Unpublished Newswire
OTTAWA — CRA found some revenues for the U.S. pharmaceutical giant behind diabetes and weight-loss medication Mounjaro lower than expected and suspects the company didn’t pay enough taxes in 2020, National Post has learned. New Federal Court filings reveal that the Canada Revenue Agency (CRA) launched an audit of pharmaceutical company Eli Lilly’s Canadian arm in 2024 after noting that the firm’s 2020 profit margins appeared suspiciously below the norm. “The Agency determined that Lilly Canada acquired all its inventory from related offshore entities with the bulk of the inventory...
August 17, 2026 - 04:00 | Christopher Nardi | National Post
Mark Sutcliffe will make the first major policy announcement of his re-election bid on Monday, releasing a transit platform that includes a pledge to cut the cost of OC Transpo's adult monthly pass by $43.50.
August 17, 2026 - 04:00 | | CBC News - Ottawa
With their 15th straight loss Friday night, the Ottawa Redblacks now have the longest losing streak of any team since the modern CFL was founded in 1958.
August 17, 2026 - 04:00 | | CBC News - Ottawa
Canada is continuing to negotiate a trade deal with the U.S. that will allow it to both avoid U.S. President Donald Trump's crippling tariff threat — set to come into effect on Wednesday — and get some additional relief on existing tariffs in key sectors.
August 17, 2026 - 04:00 | | CBC News - Canada
Applications from people around the world seeking Canadian citizenship certificates have been rising rapidly, fuelled by thousands from the United States, CBC News has learned. So many people have applied following a change in the law that Immigration, Refugees and Citizenship Canada says those who apply today could have to wait more than two years for a decision.
August 17, 2026 - 04:00 | | CBC News - Canada
Court documents filed by Crown prosecutors say the alleged hit on a jail official that triggered the police corruption and organized crime case known as Project South was organized by suspects contracting out the job using aliases on an encrypted messaging platform.
August 17, 2026 - 04:00 | | CBC News - Canada
