The race for Liberal party leadership is on. Former finance minister Chrystia Freeland has announced that if elected Prime Minister, she will get rid of the consumer carbon tax. Former Bank of Canada and Bank of England governor Mark Carney has been cagier about the issue, but may also do the same.
On 11th December 2024, while replying to a question in Pakistan’s National Assembly, the federal finance minister admitted for the first time that since 2019, and while under an International Monetary Fund (IMF) programme, gas prices increased by a record 840% and electricity tariffs rose by over 110%.
Pension funds are gambling with Canadians’ retirement savings by placing multi-billion dollar bets on hydrogen's ability to rescue old, polluting gas pipelines from terminal decline, according to a climate finance advocacy organization.
Canada’s 100 richest CEOs made 210 times more than the average worker in 2023, a new report by the Canadian Centre for Policy Alternatives (CCPA) reveals.
By 10:54 a.m. Thursday, the first official work day of the New Year, these CEOs will have already made, on average, $62,661 — as much as the average worker makes in a whole year.
