Source Feed: The Globe and Mail
Author: Rob Carrick
Publication Date: January 9, 2025 - 06:00
A path forward on capital gains – and the taxation of housing – for the next prime minister
January 9, 2025
Memo to the next prime minister of Canada: Please kill the zombie tax increase on capital gains.The hike to the capital-gains inclusion rate is an undead policy right now. Legislation for the change was thrown into uncertainty when Prime Minister Justin Trudeau prorogued Parliament on Monday, yet the Canada Revenue Agency is proceeding as if the increase took effect on schedule last June 25 – standard procedure for tax measures that have been introduced but not yet passed into law.
Unpublished Newswire
A Mexican man has been sentenced to 18 months in prison for assisting in the smuggling of more than 100 migrants who made their way into the United States from Canada.In a statement Friday, U.S. law-enforcement officials said Luis Fernando Barragan-Palacios netted $500,000 through his role in a cross-border smuggling ring in less than five months in late 2023 and early 2024. He was arrested following a car chase near the Canadian border in a Vermont community one year ago.
January 10, 2025 - 20:52 | Colin Freeze | The Globe and Mail
Whoever emerges from the upcoming Liberal leadership race will face a formidable Conservative challenger with a populist message and deep connections to Alberta. And this battle for the nation’s top political post has a distinctly Western Canadian flavour, with three major figures tied to the region.
January 10, 2025 - 20:40 | | CBC News - Canada
One of the men who became “the voice of the protest” at the Coutts, Alta., border crossing in early 2022 has been sentenced to four months in jail for mischief over his involvement in the two-week highway blockade.Marco Van Huigenbos, 35, was sentenced on Friday to 120 days in jail, after a day-long sentencing hearing at Court of King’s Bench in Lethbridge. Co-accused George Janzen was sentenced to 90 days, to be served as a conditional sentence in the community.
January 10, 2025 - 20:31 | Jana G. Pruden | The Globe and Mail
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