As revenue-hungry Canadian provinces line up cap in hand for federal dollars, a new tax on wealthy residents of New Jersey that was approved last week offers food for thought. Dubbed the millionaires tax, the new law is widely expected to pass through the Democratic-controlled state legislature now that its mainRead More →

Stock markets extended losses on Friday after technology stocks plunged the day before, overshadowing generally positive news about job numbers in the U.S. and Canada. The tech-heavy Nasdaq dropped three per cent as huge companies like Apple Inc, Microsoft Inc, Amazon.com Inc, Tesla Inc and Nvidia Inc. all slipped. After climbing toRead More →

Canada’s federal government has signed an agreement in principle to acquire up to 76 million doses of a potential COVID-19 vaccine being developed by an American company. Maryland-based biotechnology company Novavax announced in a press release Monday that it has struck a deal to produce a vaccine it is working on forRead More →

TikTok said on Monday that “we simply have no choice” but to sue the Trump administration over U.S. President Donald Trump’s executive order banning transactions in the United States with the popular short-form video-sharing app. In a blog post, TikTok said it strongly disagreed with the White House’s position thatRead More →