Canada Post says strike contributed $208M to the company's $1.3B loss last year

Summary Michael Deluce, CEO of Porter Airlines, is contesting a six-figure tax bill from the CRA related to a failed high-risk trading strategy during the early COVID-19 pandemic, resulting in over $5.7 million in losses. Deluce claimed these losses as business losses on his tax filings, but the CRA determined he was not trading in a commercial manner, reclassifying the losses as capital losses, which limits his ability to offset them against income. This dispute...

The Canadian Dental Care Plan (CDCP) is expanding in May 2025, allowing all eligible adults aged 18 to 64 to apply for dental coverage, with benefits starting June 1. The program, which has already approved 3.4 million Canadians, aims to reduce out-of-pocket costs for essential dental services, particularly benefiting low- and middle-income individuals without private insurance. Coverage limits have increased, with the annual reimbursement cap rising to $3,000 and new services added, while applicants must...

Summary Alberta Premier Danielle Smith's popularity is rising, largely due to her perceived effectiveness in dealing with Ottawa, according to a recent poll by Janet Brown. The survey indicates that Smith appeals to a significant portion of Albertans who feel the province is being treated unfairly, while her rival, Naheed Nenshi, faces backlash for his staunch federalist position. The United Conservative Party is projected to secure a 17-seat majority in the next provincial election, with...

Tony Hawk in Smithers, B.C. Tony Hawk, a pivotal figure in the skateboarding world known for his innovative tricks and contributions to the sport’s popularity through performances and video games, visited Smithers, B.C., on May 29, 2025. His presence was part of the celebrations for the expansion of the local skate park, showcasing the community's commitment to skateboarding culture. The event signifies a milestone for the Smithers Skate Park Society and emphasizes the importance of...

A new study involving nearly 12,000 children suggests that increased social media use among nine- and ten-year-olds leads to higher depressive symptoms over time, countering the notion that depressed kids simply use social media more. Over three years, average social media engagement rose from seven to 73 minutes daily, correlating with a 35% increase in depression scores, indicating that social media may contribute to developing these symptoms. Researchers emphasize the need for parents to model...

The Bloc Québécois has introduced Bill C-202, aimed at ensuring full protection for supply management in trade agreements, specifically preventing tariff increases and reductions on dairy, poultry, and eggs. Bloc Leader Yves-François Blanchet expressed optimism that the bill could pass quickly in the House of Commons, following previous unsuccessful attempts due to Senate opposition. While supporters argue it protects farmers, opponents, including the Canadian Agri-Food Trade Alliance, contend it would hinder trade negotiations, with Prime...