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Medicare weighs premium cut after limiting Alzheimer's drug
WASHINGTON (AP) — Medicare said Thursday it's considering a cut in enrollee premiums, after officials stuck with an earlier decision to sharply limit coverage for a pricey new Alzheimer's drug projected to drive up program costs.
Apr 7, 2022 6:16 PM
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Budget 2022: Feds create new tax-free account for first-time homebuyers
OTTAWA — Canadians looking to save a down payment to buy their first home will have a new tax-free savings account to use starting next year.
Apr 7, 2022 5:51 PM
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Most actively traded companies on the Toronto Stock Exchange
TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (21,834.89, up 46.29 points.) Athabasca Oil Corp. (TSX:ATH). Energy. Up five cents, or 2.5 per cent, to $2.04 on 32.7 million shares.
Apr 7, 2022 5:37 PM
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Canadian banks hit with tax hike in federal budget, worry about competitiveness
TORONTO — The federal budget tabled Thursday includes a smaller-than-expected tax hike for financial institutions, but bank CEOs say a corporate tax rate increase will hurt Canada's competitiveness on the global stage. Thegovernmentannounced a 1.
Apr 7, 2022 5:30 PM
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N.L. budget forecasts $351-million deficit, drop in oil revenues
ST. JOHN'S, N.L. — Newfoundland and Labrador forecast a $351-million deficit in its budget tabled on Thursday, projecting a significant drop in oil royalties for the 2022-23 fiscal year at a time when oil prices are skyrocketing.
Apr 7, 2022 4:59 PM
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S&P/TSX composite reverses early losses to edge higher ahead of budget release
TORONTO — Canada's main stock index reversed early losses to edge higher Thursday as the materials and energy sectors strengthened ahead of the afternoon release of the federal budget. The S&P/TSX composite index closed up 46.29 points to 21,834.
Apr 7, 2022 4:48 PM
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RBC CEO says 'orderly transition' to net-zero crucial amid criticism of climate plan
TORONTO — Royal Bank of Canada's chief executive officer said Thursday that an "orderly transition" to a net-zero economy is crucial, as he faced questions about the bank's climate strategy and ongoing financing of fossil fuels during its annual shar
Apr 7, 2022 4:25 PM
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Lynx Air launches maiden voyage, joining the low-cost carrier dogfight
Lynx Air made its inaugural flight Thursday, marking the latest entrant into Canada's increasingly crowded budget airline market.
Apr 7, 2022 4:17 PM
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Manhattan DA: Trump criminal investigation is continuing
NEW YORK (AP) — Refuting suggestions that he’s lost interest in going after Donald Trump, Manhattan District Attorney Alvin Bragg said Thursday a criminal investigation into the former president and his business practices is continuing “without fear
Apr 7, 2022 2:33 PM
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Congress votes to suspend Russia trade status, enact oil ban
WASHINGTON (AP) — Congress voted overwhelmingly Thursday to suspend normal trade relations with Russia and ban the importation of its oil, ratcheting up the U.S. response to Russia's invasion of Ukraine amid reports of atrocities.
Apr 7, 2022 2:18 PM
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