Provinces react to GST holiday, low loonie, no deal at COP, and more
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Some provinces say they were blindsided by the federal plan for a GST holiday. That’s because those with harmonized sales taxes could be out millions of dollars.
And: The Canadian dollar is hovering at its lowest level in five years. The long, slow decline sped up after Donald Trump’s election win in the U.S.
Also: No deal…. yet. There is a draft agreement at the COP meeting in Baku, Azerbaijan but negotiations over who pays for climate adaptation – and how much – are ongoing.
Plus: Two men convicted in Minnesota for human smuggling, tourists poisoned in Laos, bike lanes in Ontario, and more.
It's been a day of chaos and confusion at the COP 29 climate summit in Azerbaijan - as the conference ran deep into overtime, but finally secured a deal. At the heart of the dispute was money, and how much rich countries owe to poor countries to help them adapt to climate change.
Also: The Biden...
Published 11/23/24
The federal government says it will lift the GST on certain items for two months. The prime minister also says Canadians who earned less than $150,000 last year will get a $250 cheque. It could mean more sales. But will it do anything to help a crisis of affordability?
And: Matt Gaetz takes his...
Published 11/21/24