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Canada to tax tech giants as planned despite framework G7 tax deal, says Freeland

Canada to tax tech giants as planned despite framework G7 tax deal, says Freeland

The Group of Seven wealthy democracies agreed to support a global minimum corporate tax of at least 15% to deter multinational companies from avoiding taxes by stashing profits in low-rate countries
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Bank of Canada keeps key interest rate target on hold

Bank of Canada keeps key interest rate target on hold

Today’s announcement points to a recovery some time in the second half of 2022
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Majority of economists expect Bank of Canada to stay put on interest rates: survey

Majority of economists expect Bank of Canada to stay put on interest rates: survey

The Bank of Canada has held its current rate since March 2020 when the COVID-19 pandemic was first declared
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Consumer debt driven by new mortgages, but credit card debt at six-year low

Consumer debt driven by new mortgages, but credit card debt at six-year low

Potential exists that first-time homebuyers are starting to get priced out of the market
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Despite economic reopening, students still worry about lack of summer work

Despite economic reopening, students still worry about lack of summer work

Concerns raised about the ability of young people to earn enough to help cover tuition in the fall
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To the beach! Spain opens borders to tourists, cruise ships

To the beach! Spain opens borders to tourists, cruise ships

Spanish government hopes to welcome 14.5 million to 15.5 million visitors between July and September
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Air Canada says senior executives to voluntarily return 2020 bonuses

Air Canada says senior executives to voluntarily return 2020 bonuses

Public disappointment cited for return of some of the packages handed executives
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New survey finds rising confidence among Canadian businesses

New survey finds rising confidence among Canadian businesses

But concerns remain, including fears of higher costs
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Full-time jobs rebound, part-timers set back in B.C. COVID-19 recovery

Full-time jobs rebound, part-timers set back in B.C. COVID-19 recovery

‘Circuit breaker’ restrictions hit younger workers in April, May
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Airlines prepared for unruly passengers ahead of return to air travel

Airlines prepared for unruly passengers ahead of return to air travel

Air Canada said it has seen an uptick in disturbances on flights since the beginning of the pandemic
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