News of the day: Trade deal in limbo, ‘excessive’ tax breaks, AI threats, giving up homeownership, business debt and more
It’s Thursday, Oct. 8. Here are the top stories we’re following today.
Business groups warn of irreversible economic consequences if trade deal remains in limbo
Industry groups urged Canadian and U.S. officials to get back to the negotiating table on trade, warning a House of Commons committee that prolonged uncertainty may have irreversible consequences for economic growth.
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Canada’s ‘excessive’ tax breaks for mining sector risk distorting the economy, warn economists
Canada’s zeal to grow its critical mineral and mining sector has led to an “excessive” number of tax incentives, which risks distorting the economy by funnelling investment into marginal projects, says a new research paper.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on financialpost.com — the content belongs to Financial Post.
