TORONTO – The “tax holiday” is coming for the Christmas season: today, in fact, the House of Commons approved the Liberal bill (C-78) that provides for a two-month suspension of the goods and services tax or harmonized sales tax on dozens of items, including some food, alcoholic beverages, children’s clothing.
TORONTO – When Aristotle was stating his law of non-contradiction in the work Gamma of Metaphysics, it wasn’t likely that he imagined a society [in the West at least] as polarized as today’s. “It is impossible for the same thing to belong and not to belong at the same time to the same thing and in the same respect”, wrote the 4th century B.C. Greek Philosopher. In others words, two opposing ideas cannot be true at the same time. But the extreme ideological divides permeating politics and society in the 21st century has created somewhat of a “cancel culture”, a concept that Aristotle would likely not have supported – at least not in the name of his law. And nowhere has this cancel culture been more practiced than within show business.
TORONTO – More Canadians are taking on additional debt due to the high cost of living, resulting in more delinquencies on loans and credit cards: according to new reports from Equifax and TransUnion, consumer debt in the third quarter of 2024 hit a record $2.5 trillion, up 4.1% from a year ago. “Serious delinquencies,” or payments that are 90 days or more late, are also on the rise, up nearly 2% from a year ago. →
TORONTO — Premier Doug Ford had said it and he did it: Ontario’s Progressive Conservative government has passed legislation that will require municipalities to seek approval to install new bike lanes on major roads and could lead to the removal of some existing bike lanes in Toronto. →
OTTAWA – Canada is on a “clear path” to reach its defense spending target in the coming years: Prime Minister Justin Trudeau said it today at NATO’s annual parliamentary assembly in Montreal, in his first public appearance since his participation in the Taylor Swift concert in Toronto where he was seen dancing and singing while Montreal was set on fire by a group of pro-Palestine protesters. A “performance” that went around the world, thanks to the videos shot by the thousands of teenagers present at the show, published on social networks and went viral. →
