Local Business from Edmonton

CRA audits of ultra-wealthy Canadians have resulted in zero prosecutions, convictions

Data from the Canada Revenue Agency shows its recent efforts to combat tax evasion by the super-rich have resulted in zero prosecutions or convictions. In...

Bitcoin tumbles as China cracks down on mining

Bitcoin tumbled almost 10 per cent on Monday as recent volatility in the cryptocurrency market showed no signs of dampening down, with market players...

Quebec authorized a class-action lawsuit against group RESPs. It may have impacts across Canada

A Quebec class-action lawsuit against providers of group registered educations savings plans (group RESPs) could have ripple effects across Canada. The lawsuit, which was authorized...

Why the COVID-19 pandemic highlights Canada’s need for a digital currency

Keep up with the times, or get left behind. That’s the message from some technologists to the Bank of Canada when it comes to...

Travellers should look at fine print before booking cheap flights, industry experts warn

As airlines and tour operators boast deals on flights as economies start to reopen from COVID-19 safety measures and travel restrictions ease, industry experts...

Regulator raising big banks’ capital buffer as COVID-19 disruptions ease

The federal banking regulator says it will increase the domestic stability buffer for the country’s big banks to 2.5 per cent from one per...

What a developer’s plan to buy $1B in homes could mean for Canada’s housing market

Toronto-based Core Development Group’s plan to buy $1 billion worth of single-family homes and convert them into rentals has triggered intense debate over the...

U.S. seeks $25.5M from Air Canada over slow refunds amid COVID-19

The U.S. Transportation Department said Tuesday it is seeking to fine Air Canada about $25.5 million for what it termed extreme delays in giving...

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