Ontario Budget Cuts Wrong Business Tax Rate: Analysis

The Ford government's 2026 budget reduces the small-business tax rate, but experts argue this widens the 'tax wall' that discourages growth. They recommend cutting the general rate instead to encourage expansion.

Asian Markets Soar, Oil Falls on Iran War De-escalation Hopes

Asian stock markets experienced a sharp rally, with South Korea's Kospi surging 8.4%, while oil prices dropped below $100 per barrel. This surge follows renewed optimism for a potential end to the Iran war, fueled by recent remarks from U.S. President Don

AI Data Centers Fuel Infrastructure Stock Opportunities

Infrastructure investments, traditionally defensive plays, are receiving new momentum from artificial intelligence data centers. Portfolio managers highlight North American stocks poised to benefit from rising energy demands.

IG Asia Drilling Hits Copper-Molybdenum in Kazakhstan

IG ASIA LLC reports promising drilling results at the Uzhnaya Ploshchad prospect in Kazakhstan, with medium-to-high-grade copper-molybdenum intervals found in 6 of 10 drill holes, indicating potential resource expansion.

School Bus Overturns in B.C. Interior, Three Injured

A school bus accident in the B.C. Interior resulted in three injuries after the vehicle rolled into a ditch. RCMP are investigating the incident, which highlights ongoing road safety concerns in the region.

Potential LRT Shutdown Looms as Spalling Issues Persist

The union representing OC Transpo operators confirms that an extended shutdown of Line 1 remains possible as officials grapple with spalling problems that have reduced service to just 21 train cars, causing delays and overcrowding.

BC Ferries Generator Problem Disrupts Sailings on Key Route

A generator malfunction on the BC Ferries vessel Spirit of Vancouver Island has forced the cancellation of multiple sailings, disrupting travel between Tsawwassen and Swartz Bay. The incident highlights ongoing operational challenges for the ferry service

TSX Jumps Most in a Year on War-End Hopes

Canada's S&P/TSX composite index surged up to 2.6% on Tuesday, its biggest intraday gain since April 2025, driven by optimism over potential peace in the Iran conflict and a rally in precious metals stocks.

Calgary Property Tax Hike Finalized at 8.1%

Calgary homeowners face an 8.1% property tax increase in May, with the provincial portion jumping 19.8% while the city limited its increase to 1.2%, creating what Mayor Jeromy Farkas calls a 'jarring' disparity.

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