U.S. Rep. Ilhan Omar could face an investigation after financial disclosures revealed her family's wealth surged to as much as $30 million. The Minnesota Democrat denies the claims, calling them a disinformation campaign. Read the full story.
Albertans face a blend of modest tax relief and new cost pressures as federal changes take effect in 2026. Discover the key financial shifts impacting households across the province.
Tax expert Kim Moody argues excessive personal tax rates and burdensome compliance are key motivations for tax evasion in Canada. He calls for systemic reform to reward contribution.
A Financial Post survey reveals 45% of readers improved financially in 2025 despite trade wars and inflation, but concerns over market bubbles and cost of living loom for 2026. Read the key findings.
Global superstar Beyoncé has officially been declared a billionaire by Forbes. Discover how her music, tours, and business ventures built her fortune.
Senior Wealth Advisor Tina Tehranchian shares key year-end tax planning strategies for Canadians to optimize charitable donations and reduce their tax burden effectively.
Economists predict the tax reductions from the One Big Beautiful Bill will be a primary economic driver for the U.S. in 2026, impacting both individuals and businesses. Analysis of the looming fiscal shift.
Prime Minister Mark Carney's 2026 tax adjustments offer modest income tax relief but are countered by significant payroll tax increases and a higher industrial carbon levy. Analysis reveals a mixed bag for Canadian taxpayers.
Financial expert Dale Jackson outlines four critical deadlines for investors to optimize their tax strategy and keep more money compounding in 2026. Plan ahead to maximize your returns.
A nationwide property tax revolt is gaining momentum, with homeowners fighting soaring bills. This voter anger could dramatically impact the 2026 elections. Read the details.
Canadian investment banking legend Donald Johnson, 90, who helped eliminate capital gains tax on donated securities, is now advocating for further tax reforms to boost philanthropy under Mark Carney's Liberals. Discover his new mission.
Prime Minister Mark Carney delivered some tax relief in 2025, but expert Kim Moody argues it's not enough to offset years of complex and burdensome Liberal tax policies.
Elon Musk's wealth soars to an unprecedented $700 billion following a court ruling upholding his Tesla pay package. This milestone solidifies his position as the world's richest person.
Regina City Council has passed a 10.9% property tax increase for 2026. Mayor Chad Bachynski presided over the final budget deliberations. Learn the details and impacts.
Former U.S. Senator Mitt Romney argues the ultra-rich must pay higher taxes to rescue Social Security from a 2034 funding cliff. His op-ed sparks debate on tax fairness and economic policy.
Norway's Crown Princess Mette-Marit is likely to undergo a lung transplant, according to a recent announcement. The news highlights her ongoing health challenges.
A Canadian Tax Court judge has ruled a taxpayer can deduct a $505,142 bitcoin loss from her income, overturning a CRA decision. This landmark case involves the defunct QuadrigaCX exchange.
Finance Minister François-Philippe Champagne defends a G7 tax agreement granting a U.S. exemption. China and EU nations object as OECD races for a year-end deal. Read the latest.
Despite promises, Alberta municipalities continue to raise property taxes, hitting businesses hardest. Calgary and Edmonton budgets reveal a pattern of unsustainable spending.
Toronto City Council has approved Mayor Olivia Chow's proposal to increase the land transfer tax for luxury home sales above $3 million. Learn about the new policy and its implications for the city's real estate market.
Following Calgary's move to reduce property tax hikes, calls grow for Toronto to scrap its municipal land transfer tax, which critics argue worsens housing affordability and distorts the market.
Internal Trade Minister Dominic LeBlanc suggests a resolution is near in the long-standing tax revenue dispute between Ottawa and New Brunswick's Holt government. Read the latest developments.
Firefighters and staff in Manitoba reveal the immense difficulties faced during the record-breaking 2025 wildfire season, marked by smoke-filled skies and relentless blazes.
Owners of secondary properties in Canmore are taking the town's livability tax to the Alberta Court of Appeal. Get the latest on this municipal financial dispute.
A look at the major tax changes coming for Canadians in 2026, including income tax cuts and increases to CPP, EI, and carbon levies. Find out how your finances will be affected.
The City of Ottawa reports its Vacant Unit Tax is working, with previously empty properties now being offered for rent or sale. Learn how this policy is impacting the local housing supply.
The Canada Revenue Agency will no longer mail paper tax packages automatically to Canadians who filed on paper last year. Here's what you need to know and how to get your forms for the 2025 tax season.
Calgary Herald readers voice concerns over Canada's new weather warning system and Alberta's education property tax. Discover the local perspectives on provincial policies.
Canada's CRA has recovered millions in unpaid crypto taxes, yet no criminal charges have been laid. Experts question the enforcement strategy's effectiveness as a deterrent.
Edmonton City Council approved a 6.9% property tax hike for the 2025 budget, exceeding initial targets. Councillors Karen Principe and Mike Elliott voted against it, expressing disappointment over spending priorities.