Small Business
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Alibaba’s online payment platform launches in Canada, opens door to 450 million consumers
Canadians can now sell direct to China and accept payment in Chinese currency after deal with Vancouver “Fin Tech” company Snap Pay Inc.
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Feds may back off controversial tax reforms, says B.C. finance minister
Carole James cited “rumours” when she told reporters she would be surprised if the Canadian government did not make adjustments to its tax plan in light of the backlash
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Federal tax proposals disastrous for small businesses, says CFIB
A survey from the Canadian Federation of Independent Business says 94 per cent of small business owners and 95 per cent of tax practitioners oppose the changes
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RBI legal action raises stakes in war with some Canadian Tim Hortons franchisees
The franchisees, who formed an association in March claiming parent company RBI was overstepping, were accused of leaking confidential information
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Canada expected to lead G7 in economic growth, says OECD
The Paris-based economic think tank raised its outlook for growth in the Canadian economy to 3.2 per cent this year compared with a June forecast for 2.8 per cent
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NAFTA deal by end of 2017 looks impossible, say trade experts
Experts and stakeholders who’ve been following the negotiations closely say they’ve seen no progress on even the simple things where all three countries should be in agreement
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Toronto police charge 12 in alleged machinery leasing scam
Toronto’s financial crimes unit says arrests were made this week, nearly three years after the alleged scheme began flowing money through locales as far afield as Brazil, Hong Kong and Australia
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CETA: Canada-EU trade agreement enters into force today
More than 98 per cent of Canadian goods will now be able to enter the EU without tariffs, which the federal government says will improve export opportunities for a range of Canadian producers, processors and manufacturers
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Kathleen Wynne promises to help small biz, farms cope with min. wage hike
Progressive Conservative Leader Patrick Brown says farmers tell him they’re not ready for the wage hike, which will be phased-in over two years
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Trudeau defiant on contentious tax changes despite pressure from all sides
The prime minister continues to endorse the proposed tax reforms, even as doctors, farmers, small business owners, the Conservative opposition and even some backbench Liberal MPs push back