Section: Canada
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Federal budget: Canada to spend additional $360 million on war against ISIL
War isn’t cheap. The Conservative government expects to spend more than $360 million on Canada’s fight against the Islamic State over the next 12 months. That is on top of the $122 million already spent on the war, bringing the total to nearly half a billion dollars. The revelation is contained in the federal budget, making the war...
Highlights of the 2015 federal budget tabled by Finance Minister Joe Oliver
OTTAWA – Highlights of the 2015-16 federal budget introduced Tuesday by Finance Minister Joe Oliver:— The budget is balanced, with a projected surplus of $1.4 billion this year, increasing to $4.8 billion in 2019-20.— The sale of the government’s General Motors shares, purchased in 2009 as part of an effort to help the auto industry...
Why this budget is a 518-page campaign pamphlet
(Michael Peake/Toronto Sun/Postmedia) To call a federal budget a political document is a cliché. What else would the annual unveiling of a set-piece plan for taxing and spending be? But in this election year, with every eye in Ottawa squinting ahead to the Oct. 19 fixed date for Canadians to go to the polls, Finance Minister Joe Oliver’s...
Russia’s Medvedev sees more economic pain from sanctions in 2015
Russian Prime Minister Dmitry Medvedev said he expected the economy to suffer further this year from Western sanctions over Moscow’s role in the Ukraine crisis. …read more Source: The Globe and...
What you need to know about today’s economic news
It’s the day you’ve been waiting for! (Probably.) At last, at long last, it is finally federal budget day. Let the debate – over everything from unemployment, to tax-free savings, to child care benefits, to stimulus – begin (and then we can hash it all over again tomorrow morning.) Wholesale trade numbers will also be out for Canada...
All the federal budget speculation that’s fit to print
It’s the day you’ve been waiting for! (Probably.) At last, at long last, it is finally federal budget day. Let the debate – over everything from unemployment, to tax-free savings, to child care benefits, to stimulus – begin (and then we can hash it all over again tomorrow morning.) Wholesale trade numbers will also be out for Canada...
Almost half of Canadians support Ukraine military mission: new poll
Almost half of Canadians approve of the Canadian Forces’ latest mission to the Ukraine, while 40 per cent disapprove, according to a Forum Research poll released today. The mission has divided Canadians across regions and demographics, according to the poll. Anglophones, males and Canadians living in Alberta and the prairies all polled more...
U.S., Ukraine kick off joint military exercises
Troops from the United States and Ukraine kicked off joint training exercises Monday intended to help bolster Ukraine’s defences against incursions from Russian-backed separatists in the east. …read more Source: CTV...
Leonid Bershidsky: Controversies in a number of European countries make it seem as though WWII never ended
As Germany wrestles with whether to finally permit the publication of Adolf Hitler’s Mein Kampf, controversies in a number of European countries make it seem as though the Second World War never ended. One has to wonder if, with the passing of the generation that actually fought the war, the time hasn’t come to set a cut-off date for...
Canadian mission to train Ukrainians leaves big question
It is official that Canada will be deploying 200 military personnel for a period of up to two years to train Ukrainian soldiers. The stated purpose of this commitment is to enhance the Ukrainians’ capacity to withstand further “Russian aggression.” For the last year, Ukraine has been embroiled in a violent albeit localized civil war in the...
