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CRA allowing employees to claim up to $400 work from home tax deduction during COVID

CRA allowing employees to claim up to $400 work from home tax deduction during COVID

OTTAWA — The Canada Revenue Agency says it is introducing a simplified process to claim up to $400 in office expenses for Canadians working from home during the COVID-19 pandemic.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (17,506.48, up 119.08 points.) Suncor Energy Inc. (TSX:SU). Energy. Down 20 cents, or 0.87 per cent, to $22.88 on 8.7 million shares.
Canada must fight to retain talent after Biden enters White House, Macklem says

Canada must fight to retain talent after Biden enters White House, Macklem says

OTTAWA — Canada's top central bank warned Tuesday that this country will face a fight to retain and attract top talent when the White House gets a new occupant next month. Protectionist policies and attitudes stemming from U.S.
North American stock markets rally as U.S. stimulus hopes push materials higher

North American stock markets rally as U.S. stimulus hopes push materials higher

TORONTO — North American stock markets enjoyed a broad-based rally Tuesday as improving U.S. stimulus hopes helped to increase gold prices and the materials sector. "Fiscal negotiations in the U.S.
Husky, Cenovus shareholders vote in favour of combined company, clearing major hurdle

Husky, Cenovus shareholders vote in favour of combined company, clearing major hurdle

CALGARY — Shareholders of two rival energy companies voted in favour of joining forces on Tuesday, clearing the way for Cenovus Energy Inc.'s multi-billion dollar takeover of Husky Energy Inc.
Transat shareholders approve sale to Air Canada by wide margin, despite late offer

Transat shareholders approve sale to Air Canada by wide margin, despite late offer

MONTREAL — Transat AT Inc.’s shareholders overwhelmingly approved a revised purchase offer from Air Canada despite the disclosure of a late and higher-priced competing bid.
Home sales surge 32.1% in November, cottage country leads in price gains

Home sales surge 32.1% in November, cottage country leads in price gains

Canadian home sales rose 32.1 per cent in November compared with the same month last year, matching the record-breaking year-over-year increase seen in October, the Canadian Real Estate Association said on Tuesday.
EU, Britain to toughen rules, fines for tech giants

EU, Britain to toughen rules, fines for tech giants

LONDON — Big tech companies face hefty fines in the European Union and Britain if they treat rivals unfairly or fail to protect users on their platforms, in proposed regulations unveiled Tuesday by officials in Brussels and London.
Videotron working with Samsung to gradually launch 5G network in Quebec

Videotron working with Samsung to gradually launch 5G network in Quebec

MONTREAL — Videotron says it is gradually launching its fifth-generation wireless network in Montreal before adding other regions of Quebec. The deployment over the next few years will be done in collaboration with Samsung.
Banks, insurers land court approval to host virtual AGMs in 2021

Banks, insurers land court approval to host virtual AGMs in 2021

TORONTO — Canada's most prominent banks and insurance companies have won the right to host their next annual general meetings online as the COVID-19 pandemic continues.