The chief executive officer of one of Canada’s largest banks is speaking out against the Trudeau government’s plan to raise taxes on capital gains, arguing it won’t spur investment in the country.

99.87 per cent of Canadian investors dodged a tax bullet in this week’s federal budget.

Rate cut expectations in both Canada and the U.S. are being pared down, according to experts.

An increasing number of Canadian investors are interested in sustainable investing (SI), but a majority still have concerns about greenwashing and transparency in the sector, according to a new study.

Copper prices have risen all week, buoyed by surging investor confidence amidst ongoing concerns over tight supply conditions for the metal.

One economist says Canada needs more tax certainty, following the federal government’s move to raise the inclusion rate on capital gains taxes for corporations and some high-earning individuals.

As hockey fans eagerly await the start of the Stanley Cup playoffs, businesses in the four Canadian cities with teams that qualified for the postseason are preparing for a big sales boost, according to Moneris.

The federal government announced intentions to raise the inclusion rate on capital gains taxes for corporations and individuals earning beyond a certain threshold, which will impact wealthy individuals who are benefiting from tax advantages not available to middle class Canadians, according to the Budget 2024.