North American Finance

Federal Fiscal Autumn Statement Revealed: Fiscal Deficit Pressure draws Attention

The federal government announced on Monday that Finance Minister Chrystia Freeland will submit the federal government's autumn economic statement on December 16th.According to CTV, Freeland stated ...

The 2025 Ruibang Financial Charity Night and Canadian Youth Foundation Awards Ceremony were held grandly

On the evening of November 30th, Ruibang Asset Management Company held a grand 2025 Ruibang Financial Charity Night and Canadian Youth Foundation Awards Ceremony at the Purple Capital Feast in Toro...

Trump's tariff threat is approaching, Canadian agriculture is hit hard, and price increases are a foregone conclusion

As President Trump's inauguration day approaches, the Canadian agricultural industry is holding its breath, observing whether the comprehensive tariffs he threatens to implement will become a reali...

Controversy over GST/HST Tax Exemption during Holidays: Gathering at Wanjin Women's Restaurant Still Charged, CRA to Investigate

The Ontario Restaurant Hotel and Motel Association has warned that restaurants that do not comply with holiday tax breaks may be investigated by the Canada Revenue Agency (CRA).Last Saturday, when ...

Controversy over holiday tax exemptions and money distribution plans, with differences of opinion between Trudeau and the finance minister

Recently, Federal Treasury Secretary Fang Huilan stated that the autumn economic report will be released next week. There are reports that the tense relationship between Prime Minister Trudeau and ...

The retail industry is facing a cold winter, but Dollarama, a one yuan store, is thriving in business

While most retailers are struggling with sales due to the cost of living crisis, the business of chain retailer Dollarama is thriving.In fact, Dollarama has become a darling of the stock market, wi...

Pilot survey on automatic tax reporting system: hidden barriers to accessing benefits in Canada

The automated tax reporting system recently piloted by the Canada Revenue Agency (CRA) has achieved significant results. During the pilot period, over 35000 low-income individuals and non taxpayers...

'Prioritizing debt reduction' becomes mainstream in 2025: a new financial trend for Canadians

With the arrival of 2025, Canadians' financial priorities have undergone significant changes: repaying debts has become the primary goal for many families. According to the latest survey by the Can...

The new tax regulations for 2025 are coming: capital gains tax increases, RRSP limit increases!

As the new year approaches, the cost of living has become the most concerning issue for Canadians, and many may hope to improve their financial situation before 2025.Several changes that will take ...

A well-known furniture store in Toronto quietly closed down! The website is still there, but there is no response to the order!

Canadian furniture company Wazo Furniture has branches in Toronto and Montreal, but it appears to have closed down. CTV Toronto News has received feedback from many customers who have paid for thei...

Red at the beginning of 2025, silver coins in the Year of the Snake, and rolling wealth luck!

Ding - The bell of the Chinese New Year is about to ringThe good luck of the Year of the Snake is quietly approaching!A new year, new goals, new hopes,Of course, there is also plenty of wealth and ...

Rapid interest rate cuts continue to alleviate financial pressure, leading to a surge in Canadian debt burden

The rapid interest rate cuts by the Bank of Canada seem to have failed to make Canadians feel more optimistic about their financial situation, with a report showing that the personal debt outlook i...

Trump imposes 25% tariffs on Canada, federal government plans to retaliate against US imports

Sources confirmed to CTV News that if US President elect Donald Trump imposes tariffs immediately on his inauguration day, the Canadian government is preparing to retaliate with tariffs on the firs...

Canadian small business owners face challenges: social media fluctuations affect business, big ups and downs are difficult to control

Recently, a series of adjustments made by some well-known social media platforms have brought many challenges to Canadian small business owners.According to CTV, for Monika Scott and Robyn Mair, th...

CRA system questioned again: man stolen 32000 yuan refund by tax advisor

An elderly man in Edmonton claimed that a tax advisor who could access his account stole his $32000 tax refund.Two years ago, Bruce Currie hired an independent tax consultant to assist him with tax...

Canada has launched a nationwide boycott of "American products", and Wal Mart and Amazon have become targets!

Some Canadians plan to take action under the threat of the upcoming 25% tariff imposed by US President Trump. Trump previously announced that all goods entering the United States from Canada will f...

The Bank of Canada cuts interest rates by 25 points to 3%! The US trade war has impacted the economy, putting pressure on the Canadian dollar to fall!

The Bank of Canada lowered its overnight interest rate target to 3% today, marking the sixth consecutive rate cut by the central bank.The central bank also warned that the trade war with the United...

Luxury brands flood into the cryptocurrency market, with Bitcoin payments becoming a new trend

As the value of the virtual currency Bitcoin continues to soar, attracting the attention of more and more luxury brands, they have decided to offer cryptocurrency as a payment method, explore new s...

Heavy pressure from US tariffs! Canadian company Sheertex forced to lay off 40% of its workforce

Due to the upcoming tariffs imposed by the United States on Canadian goods, the Montreal based manufacturer of high-strength and durable pantyhose has had to temporarily lay off 40% of its employee...

Canada launches first round of retaliatory tariffs, with US alcohol, food, and daily necessities up 25%

The Canadian government has released a list of the first batch of US goods to be subject to a 25% retaliatory tariff that will take effect on Tuesday. Prices for US made alcohol, tobacco, poultry, ...

By 2025, Canada's EI benefits will increase, with an additional $1000 for unemployment, maternity leave, and illness

As the cost of living and unemployment continue to rise, employment insurance (EI) is becoming increasingly important for many Canadians.This year, eligible EI recipients not only receive more bene...

Toronto's land tax increases by 6.9% in 2025! City Council cancels Tesla taxi subsidy

The Toronto City Council voted on Tuesday to approve Mayor Olivia Chow's 2025 municipal budget, which includes a 6.9% tax hike to support an operating budget of $18.8 billion and a capital plan of ...

Trump's new tariff policy targets developing countries, global trade may stir up waves again

US President Trump posted a fully capitalized post on Truth Social on Thursday, hinting at the upcoming launch of a new round of comprehensive equivalent tariffs to match higher tariffs imposed by ...

Key dates for Canada's tax season announced, missing them will result in fines!

This year's tax season is coming, here are the important dates and deadlines in Canada that you should mark on your calendar this year. The Canada Revenue Agency (CRA) states, "By filing and paying...

Trump repeatedly changes his stance, White House: tariffs on Canada will still be implemented as planned on March 4th

At the first cabinet meeting held at the White House on the 26th, US President Donald Trump announced that he would postpone the imposition of new tariffs on Canada and Mexico until April 2nd. Howe...

Far sighted enters the field of new energy vehicles, aiming at the global market

Recently, Vision Holdings Limited (hereinafter referred to as "Vision", NASDAQ stock code: GV), a technology company listed on the NASDAQ main board, announced that after years of research and deve...

Far sighted receives approval letter for $1 billion international consortium financing, fully committed to building a new energy vehicle industry ecosystem

Recently, Farsight announced that it has reached a $1 billion financing agreement letter with Qatar's Alfardan Group. The financing will be used for the product research and development of Farsight...

Heavy weight! The United States announced that tariffs on Canada will take effect as scheduled, but there may be significant adjustments to the tax rates

US Commerce Secretary Howard Lutnick stated in an interview with Fox News on Sunday that tariffs on Canada and Mexico will take effect as scheduled on Tuesday, but the final tax rates will be deter...

Ontario's natural gas costs have surged since April 1st, with households spending an average of $189 more per year

Due to the rise in natural gas prices, Enbridge has issued a notice warning that natural gas bills are about to experience a significant increase.According to a letter submitted by Enbridge to the ...

Layoffs during tax season! CRA terminates contracts for 450 temporary employees, affecting those under observation

During the annual tax season, the Canada Revenue Agency (CRA) notified 450 temporary employees nationwide that their contracts will not be renewed after the end of this month.CRA spokesperson Etien...