Fed announces interest rate decision
The decision comes after several months of persistent inflation and economic growth that has been slower than anticipated.
Government of Canada announces legislation to ensure fairness for every generation
The Budget Implementation Act, 2024, No. 1, introduced on April 30th, will progress several of the government's focal points outlined in Budget 2024: Fairness for Every Generation. Among the employment-related initiatives are the promotion of Employee Ownership Trusts, safeguarding gig workers, instituting a right to disconnect, and extending Employment Insurance for seasonal workers in specific regions.
Ottawa says pharmacare is coming - here's what you need to know
As currently drafted, the proposed legislation aims to grant universal access to a broad range of contraceptives and diabetes medication. Should C-64 be approved by Parliament, Health Minister Mark Holland intends to commence negotiations with the provinces and territories regarding a funding agreement to ensure these medications are provided free of charge to individuals.
Feds to give CRA new powers to compel data from taxpayers
The agency has the option to extend the reassessment period if a taxpayer receives a notice of non-compliance.