Albertans to see tax hike on gas prices Oct. 1

Albertans to see tax hike on gas prices Oct. 1

Albertans will see a partial return of the provincial fuel tax on the price of gasoline and diesel starting on Oct. 1, as retailers have been told by the UCP government to begin collecting 4.5 cents per litre. Retailers were informed of the change through a special notice sent out by the province on Sept. … Read more

Putin’s mobilization of military reservists triggers exodus of Russians who fear they may be called to fight

Putin’s mobilization of military reservists triggers exodus of Russians who fear they may be called to fight

Cars coming from Russia wait in long lines at the border checkpoint between Russia and Finland near Vaalimaa, on September 22, 2022.OLIVIER MORIN/AFP/Getty Images Russian President Vladimir Putin had barely finished announcing a partial mobilization of military reservists Wednesday when Anastasia Burakova’s phone started lighting up with calls and text messages. Ms. Burakova runs a … Read more

Japan intervenes to prop up the yen

Japan intervenes to prop up the yen

Tokyo CNN Business — Japan tried to shore up the value of its currency Thursday for the first time in 24 years by buying yen to prevent it weakening further against the US dollar. “The government is concerned about these excessive fluctuations and has just taken decisive action,” Japan’s vice finance minister for international affairs … Read more

Two people claim US$1.34B Mega Millions jackpot, vowing to split prize – National

Two people claim US.34B Mega Millions jackpot, vowing to split prize – National

The third-largest lottery prize in the history of the United States will be split by two people who wish to remain anonymous, lottery officials said Wednesday. The Illinois Lottery announced that the US$1.337 billion (around CAD$1.7 billion) Mega Millions jackpot was claimed by two individuals with a single winning lottery ticket. The two had agreed … Read more

Cool housing market puts a freeze on flipping

Cool housing market puts a freeze on flipping

Real estate agent Clark Cai says it’s a tough market to flip houses as mortgage, construction and labor costs are all up while the housing market has declined significantly.NICK IWANYSHYN /THE GLOBE AND MAIL Real estate pinball machines have made out like bandits in Canada’s red hot real estate market over the past two years. … Read more

As rates rise, is now the time to lock in a fixed mortgage? Here’s what to know – National

As rates rise, is now the time to lock in a fixed mortgage?  Here’s what to know – National

The Bank of Canada’s rising interest rates have some variable-rate mortgage holders thinking about the upside of locking in a fixed rate, according to experts who spoke to Global News. But the peace of mind that comes with a steady rate has trade-offs that homeowners should be aware of before they opt to convert, they … Read more

So you want Canada to abolish the monarchy? Here’s why that’s basically impossible

So you want Canada to abolish the monarchy?  Here’s why that’s basically impossible

So you want to get rid of the monarchy in Canada? Legal and constitutional experts agree: It’s practically impossible. In the wake of the death of Queen Elizabeth II — whose 70-year reign was the longest in Canadian history — Canadians are again questioning whether it makes sense for the country’s head of state to … Read more

Half of Canadian restaurants operating at a loss or ‘just breaking even’

Half of Canadian restaurants operating at a loss or ‘just breaking even’

Restaurants are facing a bumpy road to recovery after years of pandemic-related challenges. They’re now dealing with rising expenses, low customer counts, high debt and low profitability, according to Restaurants Canada. “Restaurant operators are struggling financially, with half of our operators operating at a loss or just breaking even,” said Christian Buhagiar, the CEO of … Read more

UK royal family pumps billions into the economy. The queen’s death may change that – National

UK royal family pumps billions into the economy.  The queen’s death may change that – National

The death of Queen Elizabeth II is sure to send shockwaves through the economies of both the United Kingdom and Canada as experts say the brand value of the British royal family is at risk with the loss of its longest-reigning monarch. The queen’s death on Sept. 8 marked not only the loss of the … Read more

Will the Ethereum Merge Reduce Crypto Emissions?

Will the Ethereum Merge Reduce Crypto Emissions?

A machine for mining ether on display at a crypto convention in Thailand.Photo: Lauren DeCicca (Getty Images) If you type the phrase “the Merge” into Google today, you’ll be treated with a countdown: It’s coming in a little over two days, as of this writing. The countdown is ticking off the time until one of … Read more