Canada's government on Friday announced that it would defer the implementation of the controversial changes in the capital gains tax to January 1 next year. People who fell under the ambit of the proposed changes of the tax regime were concerned whether they would have to continue paying the modified capital gains tax after the measure failed to pass through parliament.

Canada’s national carbon tax on consumer fuels is likely in its final weeks after both major contenders to replace Prime Minister Justin Trudeau as Liberal leader have promised to scrap it.

Prime Minister Justin Trudeau should have acted quicker to protect Canadian elections from outside meddling, a government commission said, shaking trust in democratic institutions.

The Prime Minister and the premiers discussed the ongoing threat of U.S. tariffs against Canadian goods, which will make life less affordable for Canadians and Americans alike and weaken economic growth in both countries.

Canada’s outgoing prime minister and the leader of the country’s oil rich province of Alberta are confident Canada can avoid the 25% tariffs President Donald Trump says he will impose on Canada and Mexico on Feb.

Trump initially threatened 25% tariffs against Canada and Mexico in November, but that was initially assumed to be a bargaining tactic and the leaders of both countries rushed to assure him they would beef up border security.

Outgoing Canadian Prime Minister Justin Trudeau says prices for Americans will go up if President Donald Trump follows through with his vow to apply sweeping tariffs on Canadian products.

Prime Minister Justin Trudeau is stepping down after almost a decade in power, setting up a leadership battle in the G-7 country. Central American nation offers closer cooperation on migration and security while seeking to ease U.S. fears about Chinese influence over the Panama Canal.

Liberal leadership contender Mark Carney is backing away from Prime Minister Justin Trudeau's consumer carbon pricing regime but will keep industrial pricing in place.

In a policy statement provided to the Star, Carney said the “divisive” current consumer carbon levy “isn’t working.”

The Conservatives have long outpaced their rival parties in fundraising. The Elections Canada filings show the Liberals as raising $5-million in the final four months of 2024, for a year-end total of $15.2-million. The NDP’s totals were not yet public on Friday morning.