Canada And Beyond
- Biden Wants 25% Minimum Tax On Billionaires – U.S. President Joe Biden wants to impose a 25% minimum tax on billionaires as part of a series of proposed tax hikes on wealthy individuals and corporations. The proposal would also increase the capital gains tax for investment from 20% to nearly 40% and lift income levies on corporations and wealthy Americans. (Aljazeera)
- Report: Ontario Underfunding Healthcare – A report released Wednesday says that Ontario will be short about $21.3 billion in health spending by 2027-2028. As a result of the underfunding, the province will likely be unable to add enough beds and hiring enough staff to keep up with demand. Ontario needs to hire 86,700 new nurses and personal support workers by 2027-2028 in order to return to pre-pandemic vacancy rates. (CP24)
- Saskatchewan Fights Plastic Ban – The Saskatchewan government will be intervening in a court challenge of the federal government’s single-use plastics ban. The province believes that the ban is an overreach of federal jurisdiction, as waste management has been a provincial responsibility and is concerned about potential consequences to the economy and small businesses. (CBC News)
