Department of Finance

• Court rules in favour of New Brunswick First Nations in dispute on carbon tax revenue

  In April 2020, the New Brunswick government introduced a carbon tax but reduced the existing tax rates on gasoline and diesel to offset most of the increase.

  Canada

  Mar 22
• Cannabis NB continues to report profits, decision on potential sale ‘in the near future’

  Despite the Crown corporation staying in the black, a potential sale of Cannabis NB is expected to be just around the corner. 

  Cannabis

  Oct 1, 2020
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• Nova Scotia tax credit to boost investment in startups, small businesses

  Effective immediately, the innovation equity tax credit will apply to investments of up to $250,000 in eligible businesses, which is $200,000 more than the current equity tax credit.

  Politics

  Jan 17, 2019
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• Ottawa ran surplus of $92 million during first 7 months of 2018, Department of Finance says

  The increase came due to rises in tax revenue, employment-insurance premiums and other revenues.

  Canada

  Dec 21, 2018
• Canada hits back against U.S. with more tariffs: but what are they and how do they work?

  Prime Minister Justin Trudeau and Global Affairs minister Chrystia Freeland responded with another $16.6 billion worth of tariffs against U.S. imports.

  Canada

  May 31, 2018
• Osoyoos small business takes stand against credit card transaction fees

  A south Okanagan small business owner is taking a stand against credit card transaction fees.

  Jan 10, 2018
• Lender risk sharing could exacerbate a Canadian housing downturn: report

  The draft report was prepared within the first several months of Trudeau's cabinet being sworn in.

  Canada

  Jul 28, 2017
• Feds express concern over fast growth of riskier mortgage lenders

  Officials monitoring 'shadow' lenders, a fast-growing segment of the market that could threaten the country's financial stability if left unchecked.

  Canada

  Oct 15, 2015
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• Budget surplus good news, but doesn’t predict the future: economists

  It's good news that Canada posted a small budget surplus in 2014-15, say economists, but that doesn't necessarily mean that budgets will stay balanced in future.

  Money

  Sep 14, 2015
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• PBO vs. Finance on budget deficit: Who’s got the numbers right?

  The Department of Finance is reporting a budget surplus and the Parliamentary Budget Officer is projecting a deficit. So who's right?

  Money

  Jul 22, 2015