Air Canada, WestJet grapple with travel disruption, financial pressure from Boeing 737 Max groundings

Air Canada, WestJet grapple with travel disruption, financial pressure from Boeing 737 Max groundings

More than 10,000 passengers on Canada’s two largest airlines had their travel plans disrupted Friday as Boeing Co.’s 737 Max jetliners remain grounded pending an investigation into the Ethiopian Airlines fatal crash last weekend. Even though the Boeing model involved in two deadly accidents within five months makes up a small percentage of their fleets…

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Canada’s income tax rates have become uncompetitive, and the economy will pay the price

Canada’s income tax rates have become uncompetitive, and the economy will pay the price

Canada’s top marginal tax rates are punitively high, have put Canada in an uncompetitive position and discourage individuals from engaging in productive economic activity, ultimately hindering economic growth and prosperity. These are the observations of the Fraser Institute, based on a study of Canada’s top tax rates and how they compare to other jurisdictions. The…

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Canada’s real corruption scandal: How Ottawa bungled a flawed OECD code and triggered the SNC crisis

Canada’s real corruption scandal: How Ottawa bungled a flawed OECD code and triggered the SNC crisis

There would be no corruption in a perfect world. The global economy would be a clean zone, free of crooked politicians, bribing corporations, sleazy grifters and sophisticated influence peddlers trolling through the underworld economy, skimming cash from taxpayers, citizens and shareholders. The opening words of the Organisation for Economic Co-operation and Development (OECD) anti-bribery convention,…

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